therefore, it is more to their advantage to try to attack the special cowens on grounds it is iljill, times before, claiming a series of conspiracy theories, and through the president's tweets about angry democrats, et cetera. boris sanchez, thank you very much. >> the president unveils his supreme court nominee on monday. tuesday is the deadline to reunite children separated from their parents at the border. and then the president's off to the nato summit on wednesday. thursday, the president lands in the united kingdom and he'll meet with queen elizabeth on friday. finally on monday, july 9th, president trump goes face-to-face with election meddler, russian president vladimir putin. pretty busy week. s harry everyonen, the senior writer and analyst, and steve, who is a law professor. steve, first your take on president trump's mueller interview request. is this an attempt to duck controver controversy. >> i heard it might be, but i don't know what's going on here. is to trap him if there isn't anything there already. it does end up in court. the law is most likely going to be on the

former trump white house lawyer james schultz and former prosecutor paul cowen. these attacks against mueller. we learned within the last few days mueller is actually scrutinizing trump's tweets as part of his obstruction of justice investigation and yet the president here is tweeting all about him. if you were still a white house lawyer, what would you tell the president right now? >> look, i've said time and time again, i think the president is well served talking about all the good things that are happening right now with the economy and the tax cuts and regulatory reform and attacking robert mueller is not the best use of his time. >> does it hurt him? >> i think it just distracts from the good things -- like i said, from the good things that are going on. i don't think it puts him in any more or less legal jeopardy. but it certainly distracts from all the good things that the administration's accomplishing. >> paul, a lot of news has broken over the last few days, and to jim's point there was good economic news on friday. and yet here goes the president, on

according to a recent survey by wall street firm cowen and co it's now overtaken traditional broadcast and cable television and with its own studio in hollywood netflix is now one of the world's biggest film and t.v. producers and part of that success is the eight billion dollars it's plowing into making a regional content this year but watch this space because apple and walt disney are about to offer competing over the top video services next year last month apple signed a multi-year deal with t.v. star oprah winfrey and amazon with its prime video service is also spending big on content and talent to gain audience share in what some are calling the post t.v. era. well joining me now from new york to talk more about this is daniel ives chief strategy officer and head of technology research at new york based g.b.h. insights thanks very much for being with us. so on on this news that. netflix the more people are watching netflix now than they are watching regular television i think a lot of people saw this coming but that perhaps many of us may have been surprised by how quickly it came

according to a recent survey by wall street firm cowen and co it's now overtaken traditional broadcast and cable television and with its own studio in hollywood netflix is now one of the world's biggest film and t.v. producers and part of that success is the eight billion dollars it's plowing into making a regional content this year but watch this space because apple and walt disney are about to offer competing over the top video services next year last month apple signed a multi-year deal with t.v. star oprah winfrey and amazon with its prime video service is also spending big on content and talent to gain audience share in what some are calling the post t.v. era. well joining me now from new york to talk more about this is daniel ives chief strategy officer and head of technology research at new york based g.b.h. insights thanks very much for being with us. so on on this news that. netflix the more people are watching netflix now than they are watching regular television i think a lot of people saw this coming but that perhaps many of us may have been surprised by how quickly it came

year the same policies that led to such inequality are likely to persist reporting for boom bust dan cowen r t. that's it for this time we appreciate you joining us on what's an incredibly important issue you catch boom bust on direct t.v. channel three twenty one dish network channel two eighty or streaming twenty four seven on pluto t.v. the t.v. after channel one thirty two or as always check us out at you tube dot com pleasure artie. ministry's police school says in the city administrations of many countries depend on one corporation. just something to do. with. proprietary software you don't know the source code isn't that much security when you have a black box operating public i do my chris. if dependency puts governments on does cyber threat not only that office can put us in all. the softness of the sense of this is sounding like one of them will. almost. all of them with all that's. been done with the old vision stopping there was the sting of a fund is up and these cards on the phone. are adding going to go through to deal with world cup quarter finals after beating colombia for

according to a recent survey by wall street firm cowen and co it's now overtaken traditional broadcast and cable television and with its own studio in hollywood netflix is now one of the world's biggest film and t.v. producers and part of that success is the eight billion dollars it's plowing into making a regional content this year but watch this space because apple and walt disney are about to offer competing over the top video services next year last month apple signed a multi-year deal with t.v. star oprah winfrey and amazon with its prime video service is also spending big on content and talent to gain audience share in what some are calling the post t.v. era. well joining me now from new york to talk more about this is daniel ives chief strategy officer and head of technology research at new york based g.b.h. insights thanks very much for being with us. so on on this news that. netflix the more people are watching netflix now than they are watching regular television i think a lot of people saw this coming but that perhaps many of us may have been surprised by how quickly it came

year the same policies that led to such inequality are likely to persist reporting for boom bust dan cowen r t. that's it for this time we appreciate you joining us on what's an incredibly important issue you catch boom bust on direct t.v. channel three twenty one dish network channel two eighty or streaming twenty four seven on pluto t.v. the t.v. channel one thirty two or as always check us out at you tube dot com pleasure boom bust artie seal later. four men are sitting in a car when the fifth gets shot in the hand. for different versions of what happened one of them is on the death row there's no way he could have done it there's no possible way because the list did not shoot around a corner. eurocentric point of view has seen a lot of criticism lately how relevant is eurocentrism know i'm going to still be the idea that you know it's confronting so it's. a pleasure as far as it's down to the returns that is being abused by the crooks are you the county to shovel it a lot of toxic garbage that is ending up is it counted bill because at the end of the day a lot of these pension accounts

according to a recent survey by wall street firm cowen and co it's now overtaken traditional broadcast and cable television and with its own studio in hollywood netflix is now one of the world's biggest film and t.v. producers and part of that success is the eight billion dollars it's plowing into making a regional content this year but watch this space because apple and walt disney are about to offer competing over the top video services next year last month apple signed a multi-year deal with t.v. star oprah winfrey and amazon with its prime video service is also spending big on content and talent to gain audience share in what some are calling the post t.v. era. well joining me now from new york to talk more about this is daniel ives chief strategy officer and head of technology research at new york based g.b.h. insights thanks very much for being with us. so on on this news that. netflix the more people are watching netflix now than they are watching regular television i think a lot of people saw this coming but that perhaps many of us may have been surprised by how quickly it came

in cowen. >> good afternoon, supervisors. you excellent. you have been here all day. representatives of mission economic development agency and the neighborhood development were here earlier and had to leave. they apologize. to emphasize how important this piece of legislation is to the work we do. working with the city departments how we make affordable housing real. we talk about it, make policy speeches. at the end of the day we have projects. getting them through the departments and making the systems standard is going to help a lot in all of those passing of the batons to get the projects to the finish line. we support this wholeheartedly. thank you very much. >> any other members of the public wish to comment? seeing none, public comment is closed. >> the motion as proposed by supervisor yee without objection? >> i made amendments. >> that was your motion for amendments without objection. we did that. >> make a motion to send this item to committee as amended with recommendation to the full board. my comments, i wish we had done this a long time ago. >> we can d

joining us now, paul cowen. these are 12 russians, members of the intel community in russia. will they ever see their day in court here in america? >> they are high ranking members in the e kwquivalent of the rus cia, it's called the gru over there. will they see their day in court? it's hard to say. certainly russia won't extradite them. but it'll impact their travel into countries with an extradition treaty with the united states. the u.s. can also use its financial system to make sure they don't use u.s. banking and other things that people rely on, even from foreign countries. so there's a penalty to be paid. >> this key moment during the campaign when mr. trump, then candidate trump called on russia to find hillary clinton's e-mails and now according to this indictment, that very night these russians attempted to spear fish her e-mails, quote, for the very first time. what do you make of that? >> that is a remarkable coincidence. trump defenders have always said that statement was just the president joking or the presidential candidate joking, he didn't really mean it. b

to sign off, whose picture was in the book and whose name -- so, signing off so i had to find dave cowens and he had to sign off an tot and lad to find this one and that one. had to find everybody and they all had so sign affidavits so they wouldn't sue me. right? if i did something wrong. so we finally got that down, get to book done, and then here it is. so, that's kind of the life and time of lou d'allesandro relating at to the book. as i say in the book, the greatest sorrow of my life is truly this, that my mother never got to see any of her boys do anything. ... >> that would be -- without tha. let's put it that way. james is a distinguished politician, great politician and state police officer. stop mentioning names because he get in trouble. joyce is a magnificent job and continues to do that job as we move forward. danny is the chairman of the board. , billy who played for me at the high school. ellen, who can never forget her. talk about a fixture in this community. that was the greatest thing since sliced bread. russell used to play basketball with walter peterson. all of you ha

we just had cowen downgrade them for what he describes as a huge overhang.e was talking about the fact that they have not taken any action. it may freeze the company and not allow it to move forward and might result in the merger with viacom but a lot of analysts don't think would be good for cbs. paul: the company is going to report earnings on thursday. and what is going on with les, he is so emblematic of the company, it is obviously an outside influence on the company stock. we have a whole issue with viacom -- we have the whole issue with viacom. cbs investors are not in favor of that merger unless they get an extremely favorable financial arrangement. there was a lot of noise around the stock which has kept a lid on the stock. alix: when you put the numbers islike a $2 billion loss, it a large number and the shareholders want to get involved to stem the tide. it does not matter as long as you can tolerate it. paul: les was already in a very tenuous position with his dealings because national amusements owns 80% of cbs and viacom. in the end, he is just

cowen, also expressed some under performance of its outlet. >> i know you're big in the consumer space is there concern when you look at -- are you cannibalizing yourself at all? is nordstrom cannibalizing it's higher margin higher profit sales by having the off rack i wonder if we're going to get to that discussion >> maybe or just broadening out its consumer base, getting prices at a discount i think it's a good point, and that is at what cost to the overall retailer in terms of spending your resources and your space and your real estate >> if you're bringing in a new buyer who would not go to regular nordstrom because they can't buy it or afford it, that's good. >> it's harder to go online and find those great deals on designer digs that you can do at some of the outlets. it's been that way in retail >> i'm going to amazon that. wynn resorts, on pace for its worst daily performance since january. wynn shares sliding after gaining revenue from macao in china. it's not only the worst performing stock in the s&p 500 -- belgium just tied the game, i believe. it is the worst -- what happ

the last month is the pepsi move signaling a better staples rally ahead stacey gilbert david is with cowen. what do you think, stacey do you make more of the move today than just what's going on with pepsi story what does it say about the broader consumer staples secretarie >> we had seen a shift more recently to bullish flow within the consumer staples sector that has shifted. i should highlight the majority of the shift were in names part of the m and a chatter they've been part of that rumor mill in the pastor specifically pepsi i would say as a company we like this our food and bench analyst covers this with a positive rateding upgrading it a up months aig on a.m.s to apples comparison to coke improvement in the fundamentals and food and beverage pacing and interestingly as potential target of m and a we would continue to own pepsi and those who want to ongss expertise which would be my expertise we like bullish spreads because the volatility levels. >> i see you are looking at it from the equity and drier testify side what do you think, david i think you disagree. >> i'm not a bierp o

month this ahead of the earnings after the bell how do you trade amazon into the marc david is with cowen strategic welt partnering mark what are you doing. >> amaze isn't a must own in any portfolio. we like them ahead of the earning. industry trends are strong company fundamentals good. consumer welt has never been higher household des is service is below the historical average the consumer has the ability to spend and amazon will be the primary beneficiary of that spending tp it looks like prime day was jet yet another success. estimating 3.2 billion in revenue up from $2.4 billion last year. they have now over 100 million prime subscribers and they spend as much as five times as puch and then awk owe s, the main operator of revenue. q 1 was up. >> aws stands for amazon web services cloud business, making a ton of money there it's been a plus for them. >> yes. >> obviously you're bullish as we see the stock move lower ahead of the numbers why is it moving lower is this in sympathy with facebook. >> the whole group has had little quirks during the reporting season it's a must enown. you

big reveal on cnbc america's top state for business only one man, one man, knows the answer scott cowens live in the mystery state, scott. >> well, there is a team involved in this that's sort of a circle of trust, but it is very, very limited you are right about that since we've started doing top states back in 2007, seven of the winning states have had republican governors four have had democratic governors. what state am i in red or blue? what does it mean when 36 states this year are choosing governors, and those other midterm elections? we'll run down the list coming up still a chance here. it's willingham, edge of the box, willingham shoots... goooooooaaaaaaaallllllll! that...was...magic. willingham tucks it in and puts the championship to bed. sweet dreams, nighty night. as long as soccer players celebrate with a slide, you can count on geico saving folks money. fifteen minutes could save you fifteen percent or more on car insurance. pressure, what pressure? the players on the... >> cnbc about to unveil its annual rankings of the best states tore business scott cohen is live some

in the wake of the ongoing uncertainty cowens doug slay slashing the price target.'s a reflection of the fact gnat added overhang of the investigation of the uncertain length with uncertain outcome will make share outperformance difficult in contrast, jp morgan who has the overweight rating on the stock and the $75 price target on the long-term potential warn that is allegations create a near-term overhang eefr even the host of the cbs late show weighing in >> i like working for him. but account alkt is meaningless unless it's for everybody. whether it's the leader of a network or the leader of the free world >> all of this conversation about the future of les moonves comes as prosecutors say they decline to pursue claims by a woman made by a woman against moonves. she went to los angeles police in february to report three incidents of sexual abuse. one from 1986 and two others in 1988 prosecutors saying they are declining to follow up because of the statute of limitations. the statute of limitations has expired. separately in the battle for control between les moon

are new records head for the internet stock david sea berg from cowen. todd tell bus the chart.s the next step. >> if we take a look at the daily here we have a key level just around the 1,200 coincidentally early 2018 we broken above it and coming back here re-testing trying to push up through on earnings. now earnings reports are expected to see a $55 move higher or lower. if it's anything good and the street likes it we should be able to continue it on through to get off this daily chart, sara and got out to the weekly chart just get a perspective of how far this stock has come if we flip over we're inside the beautiful uptrend channel many ahead of the earning reports looking at 12 to 18months. if these continue from the simple technician point of view you have a uptrend which serves as a resistance if they get bade that level doesn't come in until you're up around 16 to $1,700. we certainly have room to go over the next year >> fundamentally, dave see berg are you as bullish we are set to see the $5 billion fine factored in q 23 profits which wrecks the number. even though

can the rally continue in joining us is cnbc jan if i mayen and cowen and company director oliver chani'll begin with the general question then drill down more specifically on a stock you downgraded today do you think the retail run has legs for the second half of the year >> we are excited about the health of the consumer therefore, the retail rally could be sustained what we like is low unemployment unemployment at 3.9%, also wage growth at 2.7% and stabilizing trends in terms of amazon, the future of the store, digital, those are all positives. as we think about themes, we like the high end. tiffany, lvmh, we like the low end, wal-mart, costco. and ideas that unamazable. including planet fitness and thinking about health and wellness there are themes we are interested in. there is rapid share shifts. and we think the consumer is in a good place with the weltier getting welty and the promotional environment at the low end. >> oliver high and low and he likes the environment. i take it you do too pup call it the best consumer environment in a long being, long time. >> i like the high

i just think it's worth noting the concern about the uncertainty we saw that the cowen analyst was goingrprised that the board did not ask moonves to take a step back even if only temporarily during this investigation. one thing worth noting is if the company is going to be investigating -- i'm sorry if the board is going to be investigating the entirety of the culture at the company, that could extend to ceo joe a even the analyst note said the best outcome for investors a this point ro but that raises other questions about whether he needs to be investigated too as part of this broader culture issue. i think this is a time of a lot of questions about where this company's going to go. and, you know, even if it would make more sense to sell off cbs and viacom separately especially if moonves is no longer leading the company. he is so closely tied to the compa company. >> hey, brian. one quick final question that we just wanted to get at. in terms of the company remaining independent versus with viacom, is there one with a better outcome julia raised one of something completely different

maria: that was congressman steve cowen who said peter strzok deserves a purple heart.d insult to all military everywhere. it's a disgrace to my uncle who landed on bloody omaha during world war ii. it's a disgrace and insult to hank greenburg who got a purple heart for landing on bloody omaha. how do you connect the dots of a purple heart for this guy who is hating trump and abusing his power. >> it's an awful comment. it shows the depths that partisan wrangling will go. i'm a criminal defense lawyer. if any of my comments were ever prosecuted and we learned that the fbi agent in charge of the prosecution had made comments like that about my clients, i'd win a reversal on appeal. he could never serve on a jury. we don't know, he doesn't even know how bias infiltrates. he was so assertive. my bias is completely separate from my actions. we can't know that. it wasn't the appearance of bias. it's the likelihood of bias. maria: we can't know that because a special council investigation is giving these guys cover. the one thing the republicans want to know is what was the r