why costco is giving workers a pay hike for the second time this year. (ringing) - hey kaleb, what's up? how you doing? - hey, i'm good, guess what, i just had my 13th surgery. - really? i just had my 17th surgery. - well, you beat me. - well, i am a little bit older than you. - yeah it's true. how are you doing? - i'm doing good. i'm encouraged by seeing how people are coming together to help each other during times like these. - kind of like how shriners hospitals for children is there for us. imagine if i couldn't get my surgery. who knows what would have happened. - same for me. i know my shriners hospitals family will continue to take care kids like us who need them most all because of caring people like you. - like me? - no, the people watching us right now at home. - oh, those people. hi people. - kaleb and i know not everyone can help right now, but for those of you who can, we hope you'll this special number on your screen right now. - you'll be making sure our amazing doctors and nurses can keep helping kids like us, who need them now and in th

supply chain, costco was so very, very positive on costco we have been positive for a while. if you're worry about supply chain, i think this is the place to go. retail sales,s awe noted, were up if anybody's going to take advantage of this and do better, costco would be the one. where if you look at tech, some techs have hard ware problems. we have heard about apple, some disappointing going on in vietnam. turn to something like adobe zero supply chain issues, are bust growth. growth margins top of their industry for the past three years. higher now than they were prepandemic. great company. intuit, another good company look for teches that do not have supply chain look for those in supply chain that are better than everybody else. >> what do you think about the market overall here? i think i saw the word bubble show up maybe at least once in your thoughts. is that what you think is taking place? >> there's no doubt in our mind that we're in a bubble currently, right but the thing is, what would cause the bubble to stop what would cause this to not catch up with itself there

costco has a proposed store in the west gate.ing center located at the corner of prospect road in saratoga avenue. costco plans to submit a proposal for a 160,000 square foot urban warehouse center in early november. if the project moves forward costco would replace the old orchard supply hardware building. the current ethan allen goodwill and smart and final buildings among others. >> santa may not have to worry about slowdowns. that is if he's using amazon to help get to your kids toys under the tree. amazon says it will spend billions of dollars to line up alternative shipping for its products during the holidays. the company says ensuring that people get timely deliveries for their gifts. are more important. then other short-term hit to its bottom line or workers will also get extra pay. amazon's revenue rose 15% last year but higher costs for fulfillment, marketing and technology swallowed up a lot of that revenue. >> developing tics from tiktok. the troubling new phenomenon doctors say they are monitoring. >> doctors across

traeger has always sold as costco but they are not just at cost khouw. they are a gross margin problem but a they are actually cutting prices at costco, they are on sale at costco you look at that and say what's going on there is something going on? they are discounting them at costco and they have a road show where you can get extra off if you happen to be at the right store at the right time. those two make a great example because they are in the same industry. >> what am i supposed to conclude from that is this that something is going on with traeger or not going on with weber or costco cut a good deal with traeger or what what's my conclusion here? >> tyler, your conclusion is that i think costco probably struck a good deal with traeger. but i come back to the fact that why would there be a special sales if gross margins are falling and they have a supply chain issue, what's going on there may not be anything but i want to point out one i think this that is there are going to be companies of that great is theups i was listening tocal audio when she s

if the project moves forward costco would replace the old orchard supply hardware building. the current ethan allen. also goodwill smart and final buildings among others. >> still ahead, there's a chance that the 2026 world cup could come to the bay area. the fifo now touring levi stadium and more. who are those other competitors. and if you are hanging out the coolest talk about the world. how about >> 2026 world cup may hold some of its pivotal games at levi stadium, at least that's the hope of bay area official is sure is key members of the foot of the international governing body of football soccer. our intel, they plan to to really buy stadium on saturday couple assess what ended a news conference today with the delegation that's in town. she joins us live from the fairmont hotel in san francisco with more. theresa. >> well, the delegation met with 3 mayors of the bay area today they're very excited to actually be able to go to levi stadium which that tour will take place on saturday. now, all of this a lot is at stake. of we're talking about. everything looking at the

costco revenue jumping pressures are hitting the bottom lines.ber net sales rose nearly 16% as customers return to stores in person, as the preponderance of the evidence fears ease, e-commerce sales rose 10%. long time favorite for you and jim cramer on the investment letter are you still an owner have you added >> i sold it i took my gains. >> what? >> 38 times forward -- i know. i'm trading at 38 times forward earnings it's an amazing compounder an amazing company i feel like there are better values in the reopen names but make no mistake. this sales number was amazing. 28.4% comp on a 2-year stack and overseas cash of $3.1 billion. this is something if it ever were to pull back i would get back in. >> but to steph's point it's fairly expensive a lot of that ims that look attractive are still pretty expensive despite the multiple -- >> no doubt. costco is exceptional with valuation. it is like a subscription business. >> it is. >> yes exactly. the membership fees. and that distinguishes it. target we pointed out that's had a meaty pullback and

i mean, the numbers are truly incredible so let's say you're walmart or costco, whatever, and you haveur own ship but you have a lot more goods than you have room on the ship, as big as they are what are some of the key items that they're saying, you know what, leave that on the docks, put this stuff on the boat what are the key items i think you got the blank part. >> i did when it looks like costco, it's that christmas tree. we found really great stuff here on their website they have a 7.5 foot christmas tree out of stock. but we learned from the bills of lading on october 7th containers of that christmas tree arrived in the port of oakland that's fantastic because nobody wants a holiday item coming in late and then they have to sell it at discount for ikea, this is a great guard looking indicator of the consumer and what they're buying, counter tops and cabinets this shows you where they're banking on where the consumer is going to spend their money >> truly an incredible story with i think a record number of ships still off the coast of los angeles, some apparently dragging anchors

there are already eight costco stores in that county, including five in san josÉ alone. be right back. >>> 4:55 right now. the long-time manager of bob melvin is moving on after managing the a's for 11 seasons. melvin grew up there and has agreed to go to the padres even though he was still on contract. >>> and then it's called colin in black and white. it shows a young kaepernick -- >> we can change the game! we can write new moves. radiate our show, take back our power -- >> if you are interested in watching this series, it's on netflix and coming up for you at midday, we will speak with the main character, the actor playing kaepernick as a teenager and he tells about telling the former 49ers story. >>> kari is tracking the weekend forecast for us. >> yeah, we're getting ready for halloween and a lot of our inland areas. we have sunshine in our sunday forecast, and it's also going to be kind of bone chilling and chilly as we are going into the weekend, it's going to go come down a few degrees. we'll talk more about this and what is ahead, coming up next. >>> looking ov

every kiss does not begin at costco, but at the same time they sell an awful lot of expensive goods. >> i know they do. >> that's why they put it at the front of the store. >> and they sell a lot of travel packages, but they sell hear aids, too. baby boome ers need them. samples are slowly coming back david, you starve yourself, you fast, you go to costco, and you beat them, but then the cfo, one of the greatest guys ever, i used to go to costco, and used to beat the heck out of you? , and he said then, how much did you spend? i don't know, like a thousand dollars? maybe we beat you? >> i took my wife there, and she said, is this bulgari? i said, geez, how much is that she said, do you have to ask i knew i was -- >> i like your point about samples coming back, david has gone to a conference united is going to add to their schedules. >> i think this is great the other day, there was a note from goldman, downgrading american airlines, and downgrading nucor. i find these things ridiculous how can you downgrade nucor? why would you downgrade any one of the airlines? if travel is coming b

if you'd like to buy in bulk a new costco may soon be coming to san jose's west side of town costco.s proposed a store in the west gate west shopping center located at the corner of prospect road in saratoga avenue. costco plans to submit a proposal for a 160,000 square foot urban warehouse center in early november. if the project moves forward costco would replace the old orchard supply hardware building the current even allen goodwill and smart and final building among others. >> we will be able to see more affordable housing in the east bay. the bart board of directors has voted to turn the parking lot at the el serino plaza station into affordable housing. barr tweeted out this map showing where the housing would be the number of parking spaces going to be reduced from 740 to just 250 parts is that will allow for 800 housing units and 35% of the housing will be considered affordable housing. >> uc berkeley's lawrence hall of science is is reopening for some halloween fun this weekend after 19 months shutdown from 10:00am to 05:00pm on both saturday and sunday with activities like

costco has about 180,000u.s. employees and 90% worked hourly.sting wages for workers in u.s. the company said all hourly employees earn at least $15 an hour with average of nearly $17 an hour by summer. hourly rate will vary from 15 to $23 an hour based on tenure and market. >>> shipping backlog on toys and candy continues to hit businesses hard. a toy store in sacramento was not playing around when they filled out their inventory with the stock room full of boxes. they are confident they made the right decision to lock in holiday shoppers. >> we just kind of took a gamble and said let's put big orders in and we're going to hope we made the right decision. now we are thankful that we did that. >>> santa cruz plans to doto worke to go green by buying electric bikes to ride to work. go santa cruz program says those enrolled can get 200 to $400 rebate. bike loans up to $1,500 are also offered. >>> 5:46 is the time. let's get a check on weather and traffic. >> we begin with mary lee with a look outside this morning. >>> good morning. i love bringing

if you've been shopping at costco lately.t to check your labels the fda is issuing a recall for a pre packaged soup sold there. >> nearly 15,000 containers of 5 ares kettle classic clam chowder with an cured bacon. part of the recall. the company says that can customer reported finding a large piece of hard plastic. and one of the containers which are sold to to a packed. no illnesses or injuries were reported. but anyone who has the soup is being urged to return it to costco for a full refund. >> a number of netflix employees walked off their jobs today in protest of the entertainment giant's handling of complaints over that dave chappelle company special. erin myers is in hollywood tonight with the latest on the controversy netflix trans employees and hundreds of supporters held a rally and walk out today. >> outside of the streaming service's epic building headquarters. we just want to make sure that these entities are being held accountable. >> and actually provide change better the community that has been dealt trauma. t

hasbro up 3% consumer staples with the weakest with walgreens and costco down slightly >> we start with the big tech earnings and key earnings. today, alphabet, microsoft, and twitter report after the bell. on thursday, it is apple and amazon so what are the important metrics to watch and how should you invest in technology jaso jason, good to see you why don't we start with a stock i know you like. walk us through alphabet/google. >> good to be with you guys. this is probably pound for pound the best technology company in the world. they had a big quarter last quarter in the june quarter. that was in part because they were lacking easy comparisons in the prior year due to covid, but this company continues to fire on all cylinders and it's really woven into the digital fabric of our lives. i think investors will be looking at ad spend, although we think google is going to be relatively immune to some of the problems snap faced. youtube, video is going to be important. cloud is their number three business if you will third place in the market driving a lot of optimism about google so clo

costco plans to submit an official proposal in early november. still ahead on kron 4 news tonight at 8, the president and the pope meeting at the vatican the issues the 2 leaders discussed. >> and bay area taco bell named the coolest location in the world. >> which restaurant topped the list in what apparently makes it so awesome. >> all right. barry, a fast food restaurant is being call. one of the coolest locations of the world business insider. but at this list the coolest taco bells in the world. and the taco bell in pacifica here in the bay area is apparently number one. number one who thought would think that amanda hari is live there tonight. she's been talking with some customers about this ranking. so. >> amanda, what do they say. >> everyone i spoke to and i told him that this taco bell right here behind me was ranked number one in the world has the coolest taco bell. they said yeah, i agree with that. as you can see the building behind me is a pretty cool looking building. but just feet away to my left is the ocean you can actually pro

s. retailers, charter private cargo ships to sale around port delays, home depot, costco, a wal mart resort to private charters and a push to stock shelves for holiday shoppers. so this is from the wall street journal. the important thing to remember that small and medium sized businesses can't compete with that, right? so not only did the banks get bigger, the big banks got bigger since the financial crisis, thus tightening the screws of the sanctions. essentially on credit and liquidity to the ordinary person, because they don't want to deal with a deplorable with, you know, $10000.00. so their name, they wanna deal with the elite with 10000000000 to their name, cuz that's a they don't have to get out of bed and work for that right here at the same thing . it's like they, these, the, the money printing went to the ordinary person. and they're spending on all these durable goods there's, there's a supply chain disruptions all over the world because a lot downs. and now the biggest of the retailers needs supply for christmas. so they're chartering their own container ships and going

costco has about 180,000 u.s. employees and 90% of them are hourly.esla's they can use on the job in san francisco, los angeles, san diego, and washington, d.c. earlier this week, hertz announced they were purchasing 100,000 teslas. uber says this is a huge step toward reaching its zero emissions goal. jetblue is having a mega sale. get this, you can fly from san francisco to l.a. for $31. one way. this is part of a three-day sale with deals on routes. we have to buy the tickets by tomorrow. there are some date restrictions and we did check this morning, you are not allowed to bring a carry-on. you will have to pay to check a bag. you could also have a very large purse. [laughter] i'm just saying. julian: kumasi tip. mike: that is our world traveler giving us some of her hands. that is pretty cool. now if you could just get into disneyland, that would be the key. let's talk about tomorrow, partly sunny conditions. it will be breezy in the afternoon hours. not quite as warm as today. we will drop down into the 50's as we head into the evening hours. it

it's a lot less expensive to pay people to unload containers in places like costco and walmart to goers which is like five times the normal price and guess who gets to pay for the increase? consumers because everything is going to cost more money. >> all the shipping prices have gone up some of the best stops in the last year have been shipping related stocks. the cost of shipping containers is up four to ten times in the last yourself a lot of bigger companies like costco and home depot are renting their own container ships at higher prices to have that certainty but the supply chain from workers here unloading the ships but it's workers in vietnam who can't get into factories now because of covid restrictions and markdowns and those countries so it would take six to eight weeks, where used to things coming in two days and we are seeing the global shipping link breakdown because of it be do so when they say pay shipping and handling, with got a lot of problems with the handling right now and it's not going to get better, how much worst critic get by the holidays? >> that's why all t

now, companies like costco, walmart, and home depot taking matters into their own hands-- the retail giants renting out their own shipping containers, looking for different ports of entry. >> trevor: yeah, that's right. shipping delays are getting so bad that costco, walmart, and home depot have started running their own ships. which is insane! and that's really gonna confuse any pirates who try to capture the home depot ship: "look at me! look at me! i'm the-- hello? is anyone here? hello? ed is anybody who can help me-- i need to tell somebody i'm the captain. hello? how can you have a ship with no-- hello? hello. i guess i am the captain. therefore, i become the captain." but, yeah, because of how badly covid disrupted supply chains, shipping to america is super delayed right now. and as annoying as it is, we should take a moment to appreciate that it's only annoying baz we've gotten spoiled by getting stuff from asia every week. you realize that's a miracle, right, getting stuff from another continent. like, imagine telling marco polo that you're mad because your peloton isn't ge

the costco would be more than 160,000 square feet.ghbors have expressed concerned about the possible traffic. there are eight costco stores in santa clara county, including eight in san josÉ alone. >>> robbers target the home of a tv reality star. who police are looking for after one real housewife was held at gunpoint. >>> a new push surrounding chesa boudin. the records one san francisco leader wants to release, and it's all on our website. you can go there. nbcbayarea.com. it's 5:55. [ eerie music playing ] trick or treat! ♪ ♪ he is coming for me... but i'm coming for him. happy halloween michael. in business, setbacks change everything. so get comcast business internet and add securityedge. it helps keep your network safe by scanning for threats every 10 minutes. and unlike some cybersecurity options, this helps protect every connected device. yours, your employees' and even your customers'. so you can stay ahead. grk how you can add comcast business securityedge. plus for a limited time, ask how to get a $500 prepaid card when yo

costco had to bring back limits on how much toilet paper and cleaning products shopers can buy and school lunch rooms have been running low on food in awe tau a school district says they expect to run out of peanut better sandwiches within a week that's desperate we have kayla tausche. what's the president doing >> reporter: well, shep, tonight the white house is calling this a 90-day sprint. just underscoring the urgency in solving this log jam, loosening this up before the holidays beginning with a february executive order. the creation of a new task force in june and repeated calls for information from the industry. the appointment in august of a ports envoy leading negotiations to get those goods off of ships and on to door steps the six companies named in today's announcement say with those overnight hours unlocked they can move anywhere from 10 to 60% more containers fed ex said with a change in hours and rail use they can double their volume. today press secretary jen psaki said the companies are on the hook for the last mile delivery. >> they're not the postal service, ups or fed

marty mucci told us from paychex, these are reasons to buy and not sell when i the way, costco, an investment club special after the close delivered a monster number that can help the bullish cost we did a piece about costco. bottom line, after years -- no, after weeks of -- after weeks of carnage where everything turned out to be a trap people don't know what to do when they're confused, of course they sell. maybe you sold at 9:30 i hope not as i told investment club members this week, i think that when the market's down like it was this morning, you do some buying how about jim in florida jim. >> caller: boo-yah, im. >> jimmy chill says boo-yah back. >> caller: cape coral florida where it's raining like hell. >> what the hell is that >> caller: i have a lot of novo vax, nvax. with the efficacy that it's been having and the great trial results, why has not been approved by the fda? >> you know what, i think you asked a great question i have always been suspicious of novavax because i don't think, frankly, that the regulators are as keen on novavax as is novavax on novavax i don't recommend t

costco, perhaps the greatest retail experience of our time. you've got to try -- i'm not kidding/shrimp dish. even better if you go to the left they've not some incredible white fish salad microsoft, uh-oh okay united health is perfect they did of course blowout the quarter. nvidia, google and microsoft are all set, all tack. and i love them all. and so this is the great quandary that many of us, nadir, have right now and i'm going to say -- i'm going to choose microsoft as a keeper but i'm going to describe google as a conglomerate. that's what i call alphabet. and i'm going to let you keep all these. people could say, jim, that is a violation of everything. but semi, con tkphropl rat, software no longer trade together like they did so even though you're a cowboy fan, i am going to bless that portfolio and i'm going to write about it for the club, in the charitable trust because it is such a complicated issue, that i bless that i can't just say, okay, onto the next because that is a real quandary for most people right now in america. so i've

costco would be taking over the old supply hardware store.ncern about increased traffic. >>> next, a quick look at the stories when we get back. plus, more changes ahead. next week when it comes to the pandemic, where in the bay area you will be able to take off your mask. that and much more as we return. you're watching "today in the bay." >>> 6:57. welcome back. we're moving you forward with a look at the top stories here on "today in the bay." >> it's going to be a busy weekend in san francisco. today in the bay's cierra johnson joins us live. it should be fun, cierra. >> reporter: it should be fun, but make sure you have a plan on how to get here because thousands of folks will be here along to here a lot of performers. if you are planning to head out, organizers say parking as you can imagine, extremely limited. some of the streets will be completely closed. organizers suggest if you are getting dropped off do so north or south of the park. muni will provide extra service on the north judah and 5r fulton rapid. shuttle buses will run abo

this time costco isn't blaming panic buying but supply chain turmoil.right now. there are more than 70 container ships stacked up outside the ports of los angeles and long beach just waiting to be unloaded. not only are there delays, but it's getting way more expensive to ship stuff. the average price of container shipping out of china is up 95% since the end of 2020. there's a number of factors at work. worker shortages, covid outbreaks, failure to invest in ports, extremely high demand for goods, and there's also the fact that we're just buying more stuff online these days. unfortunately, there's no easy fix here and there are signs that the stress is getting worse. we heard a warning from the international chamber of shipping this week, and it said that there's a risk of a global transport system collapse. all of this is creating sticker shock for everyday americans. a new report from the government found that inflation in august rose at the fastest pace since january of 1991. we know that there's been sticker shock on a whole series of items. everyt

walmart, home depot, costco, some retailers using the pricy options making sure that electronics arriveere's no guarantee. 20 to 25% of the stranded goods are unlikely to make it in time for black friday, which is the kickoff for the holiday shopping season. best advice, start your christmas shopping right now. neil? >> neil: scary stuff. inflation bedevilled the jimmy carter presidency. a lot of people saying the same thing is happening to the joe biden presidency. karl rove has more on that. is history repeating itself? >> let's hope it doesn't. you and i both remember, inflation hit by 1979 and 1980. we're seeing a spike in inflation. the cpi, the consumer price index in 2019 was rising at an average of 1.9%. in 2019, 2.3. dropped down to 1.4 in 2020. this year, it's 4.2%. so significant jump up. we're seeing it priced into a lot of things that we need like gasoline, which is up dramatically. things like eggs and milk are up. some of the same contours are there. we've had an energy crisis in the 1970s. different kind of a situation than we have today. we did have government stimulus

costco raised its minimum wage for the second time this year.d keep workers in a tight labor market. the new minimum wage costco is 17 bucks an hour, $2 above target and amazon, $5 above walmart. health concerns in this pandemic has kept millions of workers home taking care of family or looking for better jobs before they come out in the pandemic jobs market. companies are offering higher pay, sign up bonuses and sweeter offers to attract talent. >>> exploding over the buzz light year story. ♪ the disney pixar adventure follows the real space major who inspired the story from the "toy story" franchise. buzz actor chris evans. due to hit theaters in june 2022. >>> while the fda advisory panel voted to recommend the covid vaccine to children 5 to 11, snl had jabs of its own. >> one doctor did not vote yet. this doctor steven y usaid the vaccine is poppy and dumb dumb. >> you'll see bouncers outside chuck e. cheese checking vaccine cards. not today, timmy. sorry. kids can get the shot as soon as next week. great timing after they go door to door on

. >> listen, costco goes rents its own ships. is that smart? >> hard to say the big quo -- pretty smart in the short-term big questions companies doing that how do ocean carriers who own those ships react? kind of competing with your vendor at this point. >> yes. >> i don't think they're going to be super thrilled, because costco and other companies not able to rent the ships for everything therefore, will they be able to get space on the other ships that already exist or say, i'm giving the space to whoever didn't rent their own ships. >> right right. now, i keep hearing that even if we move all wait around. went to baltimore, went to philadelphia wouldn't matter. why is that? >> well, it's a much longer journey. a lot of ships too big to goama. not the right vessel type. reduce capacity in the network remember, ship needs to turn around go back and pick up more containers. >> right right. oh, boy. look, i think that what you're describing about the idea of just having technology of knowing where the container is, it's kind of shocking. i thin

we start talking about costco at 200 billion. nike at 250 billion. these are much bigger market capitalization i think nike right now at this technical level and also the sentiment going into the year, it has a laggard i think it provides an opportunity for a little bit of outperformance, seema. >> shares of nike nearly up 2% today. great to see you both. you can catch us on twitter or online tradingnation.cnbc.com. >>> president biden's going to speak on the supply chain bottleneck when he begins we're going to bring it to you right here keep it on "power lunch. >>> and now the latest from tradingnation.cnbc.com and a word from our sponsor. >> every trader should accept that losses are a part of the process. so in an effort to reduce your risk and to find your max loss, consider using stop or stop orders this approach can help eliminate emotion from your decisionmaking and set you on the path to consistent trading schwab is the better place for traders. that building you're trying to buy, you should ten-x it. ten-x is the world's largest online comm

overstaying my welcome that second circumstance we're seeing right now in a lot of high flyers like costco, certain financials take a look at blackstone, bx. look at this table blackstone, bx, was $33 on the pandemic low and it hit $136. that's the best single financial performer in the entire sector from a pandemic low. and on a five-year table that you see this, the numbers are straightforward, compared to a broker like morgan stanley or an asset manager like t. rowe or credit card company like american express best performing five-year. let's look at a few charts here is a standard two-year chart. we have this as a log logarithmic scale. we have failed at the top of the upper channel, we're right at the midpoint second chart do we stop at the midpoint or is the 150-day moving average where we're likely headed? i think that is what you see there. and that is my objective so, third chart, remove the parallel lines and look at the chart of bx with just the 150. that comes into play at around $100 stock is down 17 already when financials in the sector are only down 3. finally, look at the f

in the past, the biggest retailers, the ones with scale like walmart and costco, can come in underneath their competitors, especially the brand guys and the raw costs will eventually come down, and you'll be switching to their product. it won't come back to where it was but it doesn't have to we can get used to paying more for some things. eventually all these stories about supply chains will go away trucking companies will realize they need to pay more. listen, it's a trucking job, it's a big job, pay them more. the longshoremen say they can't work 24/7. let's go back to the stock market the last time we had real stagflation we didn't have automatic investments in stocks like we do now i just contributed money to a stock mutual fund for my retirement account it's automated it's a very different environment. sure, the professionals analyze everything through the binary prism of buying and selling. but the home gamblers, the young ones, they're not thinking, woo, stagflation, better head for the hills. instead in this environment they're thinking, it's easy to get a job, i can buy a hous

in fact costco, walmart, already now putting limits on sales of bath tissue and other paper products.t these pictures in "the daily mail." they show stores from long island, new york, to southern california, with nearly empty stores, home depot, cvs pharmacy, target, walmart, and best buy. right now it is taking roughly 80 days to transport goods across the pacific. that is guys twice as long as normal. many goods from asia. there are record 42 cargo ships off the coast of california with hundreds of billions of merchandise essentially going nowhere. walmart, home depot, costco, target, are taking the expensive step of chartering their own cargo ships at the rate of $140,000 a day but that may not be enough. one retail experts says 20, 25% of the stranded goods will not make it by black friday, which is the kickoff of the holiday shopping season. best advice, start the christmas shopping hunting right now. liz. elizabeth: ashley webster, thank you very much. we have former labor secretary nominee andy puzder. reaction to what ashley reported. president biden is naming a task force and

. >>> you had a great e-mail in your investing club last night around three games, costco, walmart andof which you think you're waiting for prices to get good enough, or looking to hole on to what you have >> costco, you could argue, has moved so much, it's crazy to still own it i think costco is best of breed, with an amazing model. walmart has fallen 13 straight points look, i think if i were there at walmart, i would say, are we doing anything really wrong? i think they did make a replacement, a chain on a supply-chain issue in terms of their hierarchy, and then american eagle outfitters, i think the stock has come down so much you have a compete that matthew spent a lot of time on, reiterating just now it's good some people are concerned about denim prices, cotton this is the foremost growth name in them all, and i think to give up on it now i think is i ill-advised. >> we don't want to get to david at the active/passive investor summit today >> thanks, carl. it's something to actually be somewhere, for all of you are, including the entire crew. it's been a long time since we've ac

the deep pockets, and the unsophisticated data and things like that, those big sellers, walmart, costcoin good shape i spoke with one retailer in chicago, she owns cato toys and she discovered a hot seller it's the scooter a push scooter for e over the summer called luca little kid turns into a boy and the only thing he wants is the scooter every 4-year-old in america wants to own and the best one that looks like it that isn't going to get them hurt is called a primo she hears the factory is shut down, that's in vietnam a big rise in coping with the delta variant they shut down factories in july the owner of the factory tells me this coming week, he doesn't think he could get more to america in time for christmas so we had to decide to leave it to the beginning of next year. >> can i jump in really quick were almost out of time. >> give me some advice on holiday shopping, what do we need to do differently this year. >> shop really don't wait for discounters two or three restocking between mid-october mid-december there might only be one, if you're looking for a ps five pay a thousand do

rallies like this, might have also gotten a huge boost, getting back into the stores, a target, a costco, a walgreens. they were all down today it doesn't change the factor that's the other half of what we've been looking at the last couple of months, supply chain dynamics, inflationary costs for those parts of the economy that really had been hit on delta covid, absolutely. what a great day, and thank you, merck. >> exactly and for all the concerns about delta, karen, we're finally at a place, and it feels like a momentous day, where you can get vaccinated to prevent you getting the illness and if you do get the illness it looks like there is a treatment for the illness that is easy to manufacture, is cheap, easy to take, you can take it from home, and it reduces your risk of death and hospitalization. that seems like really good news, if you're a person who was hesitant about going out, taking a plane, going on a cruise, et cetera, it doesn't get much better than this, except for a cure >> right it is really good news and thank you, merck i think this is big news but we've had a lot of

i hate him with i could that santa to fall costco. that with enough how my, you know, doing much joanie it when i push a holiday meal. my joe on. but i'm a z bowl. my move with mark was your hardest team. she caught her ot those 2 years . either guy does dana model model model model on the send me sh. what that emma as your do social waddle does. sure. i did the shore that i sure thought is the lives of the he will go. well, he will offer mike boucher but i have that a job with him while rotherford love upset park book room. love, shy, little befuddled, so little them devoted record. but assume while, but otherwise he jobs so long as you know why i want to some of you to look at your r j bullshit. but also huffman batted are that of the thought of the subs. i mean to hold on one of the stuff up well, i think a fan of sun is at a stage now where pieces of its history are starting to resurface into the essay of, from the unspeakable. when you're coming out of a period of intense conflict, there are parts of the past that are untouchable

costco another popular christmas tree retailers all expected to have fewer trees this year for all of celebrate the holidays. the shortage will affect both live and fake trees. with extreme weather and drought hurting live tree farms and challenges from the ongoing pandemic resulting in fewer people being able to churn out those plastic shortages, those plastic trees, i should say. still ahead on the next hour, the kron 00:00am morning news, the giants are moving into again to know that i tell you, they won last lights. >> from last night's great game against the dodgers. fleet week kicks off day 2 of their air show the best places to watch them and traffic restrictions that you need to know. >> the lifting its indoor mask mandate next week. why some residents say they support the decision to stick with us. copper morning news continues after the break. when you take a stain drug to reduce cholesterol, it can also deplete your coq10 levels. qunol can help restore this important heart health nutrient. qunol the better coq10. ♪ ♪ you twist it like this. ahh... ♪ ♪ ♪ ♪ princess cruises w

yeah and you may remember the costco bustan 56,000 gallons about six of those trucks. this is a tremendous amount of stress put on the environment. and because it is so deadly and so dangerous, especially the well because if they get into their lungs, it will kill them. uh this is going to have to be re evaluated or we're going to have to have a lot more safety procedures on these rigs reporting live tom vacar ktvu. fox two news, tom obviously a lot of concern, especially there in huntington beach tonight, tom. thank you. los angeles tv news crew chartered a boat to get a better look at the spill. you can see a sheen on the water there in clumps of oil in certain areas. never seen anything like this. and i never want to see it again and unfortunately if we don't switch off of fossil fuels, we're probably going to see it again. it's definitely something that we're expecting to affect. our animals already has started affecting a lot of birds, especially. and those effects will start seeing even more of in the coming days and coming weeks, and the crew also spotted a larg