well you say look job darden the next phase of my life is certainly going to next phase of my life and there will be an element of yes job done but surprisingly i will miss some parts of it though there are a lot of really decent people in this place i mean one of the first things i did my grandmother was always make sure you know the security guards the cleaners the cooks people who provide those coffee i'm going to saw all of them i'm going to miss quite a lot of the members of the european parliament since being independent i've had much more engagement with them i'm not going to miss the negativity that this place has i'm not going to miss how insular it can be and i'm not going to miss the fact that they. are right but the reason a real you know going to brussels village feel and they just don't tend to put their tentacles out to the rest of your and they believe what they say matters more than anything else i won't miss that but i would i do want to send a message to people out there and say that look that just like any other large institution they believe they're right they beli

cronkite, woodward, and carl bernstein, norman mailer, christiana know poor, diane's and all who darden distinguished honor. introducew like to the extinct -- the distinguished curator, the coke award winner, journalist john darden. [applause] much, dr.k you very klein, and welcome to all of you. the pleased to announce winners of the george polk awards in journalism for work done in 2018. they were selected by our judges from among 500 -- 554 submissions. in foreign reporting, the award reuters for uncovering villagers inof myanmar. national reporting to the staff of the new york times for revealing how social media seets maximized profits to disseminated false reports and allowing the raw data of their users to be exploited for commercial purposes. stay reporting to jeff abelson, gordon russell, john zimmerman, and the staff of the advocate for showing how a louisiana law allowing nonunanimous jury verdict resulted in a disproportionately high conviction rate for african americans. kathleen mcgog to fornd the tampa bay times decorating blunders in heart surgery that led to a high amou

john darden and all who have had this distinguished honor. today they will be joined by others who have carried on their tradition of journalistic excellence. i would now like to introduce the distinguished curator, the polk award winner, journalist john darden. [applause] john: thank you very much, dr. cline, and welcome to all of you. i am pleased to announce the winners of the george polk awards in journalism for work done in 2018. they were selected by our judges from among 554 submissions. in foreign reporting, the award goes to reuters for uncovering the massacre of villagers in myanmar. national reporting to the staff of the new york times for revealing how social media giants maximized profits to see the public, disseminated false reports and allowed the raw data of their users to be exploited for commercial purposes. state reporting to jeff abelson, gordon russell, john zimmerman, and the staff of the advocate for showing how a louisiana law allowing nonunanimous jury verdicts resulted in a disproportionately high conviction rate for

brand inside of darden people don't remember now because olive garden is doing so well gene lee, the terrific job olive garden is doing well at the time we made the investment, olive garden was struggling a chain that people were talking about where the -- it was a dying brand. their customers were getting older. and what could be done to reinvigorate i remember the time we made the investment and people were saying thing like that we got focused on the positives, on the competitive advantages and really built up the quality and, most importantly, the customer experience. the guest experience >> we're going to do the same thing here in partnership with the company, partnership with steve, we believe the same opportunity exists the quality is terrific. we have to focus on the competitive advantages and the customer experience. and the customer experience in pizza isn't just about the quality of the pizza, which you were talking about before. it's also about the whole experience how do you order how do you get it delivered? how do you have the whole experience and make it better? we're

you think about their past dealings, i thing about darden restaurants, really where starboard made theirame, being able to dictate how the pasta was cooked in olive garden. it is a whole lot different than figuring out how to run a drug business. it will be interesting to get more of a sense of what exactly starboard is seeing in bristol-myers' business. it is a bit of a departure for them in terms of the industries they focused on the past. -- focused on in the past. guy: can we focus a little bit on the grocery sector? u.k. authorities are pouring cold water on this merger between sainsbury and asda, owned by walmart. how big a blow is this to walmart? it is a blow in the sense that they've had their struggles in the u.k. over the years. when you talk about the grocery business, you just got results from walmart yesterday, and in the u.s. the grocery business was doing just fine for them. it actually represents the bulk of their sales. it is something that brings people into the stores. they go and maybe they don't buy something other than groceries every time, but at least you have so

i keep emphasizing with a strong consumer there's power and forward other restaurant names like a darden, like a starbucks and like a chipotle. it will create a very powerful tail wind for this company >> okay. we look at the restaurant return it's been grim for a lot of them chipotle up 39% this year. that's apple bees. you have red robin gourmet do not seem to be a trend on the consumer it kind of goes back to our retail conversation. it's no longer it seems like you can buy a group and let it go. you've got companies that people consider very similar, walmart and target going in different directions the money flowed out of restaurants to the cyclicals and growth areas that really got hurt in the last quarter when you're loobking at buying companies like a mcdonald's, you're buying insurance. buying mcdonald's is like buying insurance. >> qsr is one we talked about. this one is up from 50 to 64 it's made a marvelous run. would you have rather been in that than mcdonald's, sure. i'm never going to olive garden but it is olive garden >> 5:30 on a monday, the place will wait. it's kind of

comes for a company that spent $15 million to acquire darden. seems like a mess. >> i would be concerned about saying it's the consumer completely they've been a mess for a long time last summer was the fourth time in a year they cut their forecast this company has been in trouble for a long time. >> down 20% today. also talked about how the footprint of yankee candles is hurting them like everything you could possibly think of is -- they are kitchen sinking it >> frankly i think they are not exactly broad when it comes to demographics there's a lot of little microtrends. yankee mall, last time i was at the mall and containers. if you're ordering in maybe you don't use those so much. so there's a lot of little things overall, yes >> i never repackage chinese leftovers. >> whole idea is not to do more work >> let's talk about uber he told you about the financials easterly the co-found certificate working on a new venture after being ousted he's now using some his proceed from a billion and half dollar uber sale called cloud kitchen >> we saw the

. >> this is coming and running the business -- >> it is similar to what we got involved in darden.ompany instead of a large restaurant chain, but all of garden will something where we recognize it was a terrific brand is great products that have lost some of its improving thend guest experience. that has turned around. they have done a wonderful job. it was a team effort to improve the guest experience. it is the same thing here. it is a terrific brand and great product. best in the space. best ingredients. when he to improve the guest experience all the way through. the quality is fantastic. but the whole guest experience, make sure the guests are getting that message. >> coming up, talking about estee lauder. this is bloomberg. ♪ risinges of estee lauder after the company boosting its four-year profit outlook. why are certain companies managing to make it work in china? >> i have been asking the same thing. only saw apple disappointing, we thought it was a broader consumer story. i am going to think it is a little bit more company specific than we like to think. apple, every time

smith can pull off at papa john's, what he did at darden. stuart, back to you. much. see you later. google reports their profit this is afternoon. you better see the numbers come through. they will be very important "after the bell" at 4:00 on the fox business network. they will be covering it in full. we're a great place to get your info on alphabet. i have to remember to call them alphabet. parent of google. >>> check the big board, almost an hour into the trading day. we're down around 60 points. we're right at 25,000. more "varney" after this. ♪ each day our planet awakens with signs of opportunity. but with opportunity comes risk. and to manage this risk, the world turns to cme group. we help farmers lock in future prices, banks manage interest rate changes and airlines hedge fuel costs. all so they can manage their risks and move forward. it's simply a matter of following the signs. they all lead here. cme group - how the world advances. ♪ you say you want a revolution ♪ stuart: there were two versions of "revolution." ashley: chairman moo, right? stuart:

has done a at darden wonderful job, we helped, but we have improved the guest experience. the same thing here. terrific brand, best product in the space, highest quality ingredients. we need to improve the guest experience all the way through. the quality is fantastic, but they can sure the guest is getting that message. onset, we weree going to eat it, but could not get it on the table. a lot of the experience is about tech. i will not name the brand, but i can order a pizza and track it on the app. how does papa john's close the gap on other companies like dominoes who have the head start on that? i started 22 years ago working as a delivery driver in the restaurants. it still sticks with me today, what is uniquely special about the brand. it also resonates with the customer, this quality story. the technology is one thing. we have great technology but what is uniquely different about the brand is the quality story. i don't think most customers know that we have fresh, never with just six ingredients, we have the cleanest label in the pizza category. our sauce is vine ri