that was walmart's president and ceo doug macmillan. it was so much fun to have him here. learned a lot about the company and it is an interesting time for the company. they have telegraphed the problems they have in the u.s. stores well. service,investing in e-commerce. you are already perhaps starting to see progress because they have had three straight quarters growth. pimm: they have the online component they have to somehow revamp. they are offering daily specials now. olivia: their specials on everything, all the time. wasconfederate flag, it particularly interesting to me that walmart decided to publicly do it. nobody was calling on them to do it. it is fitting into a trend that we have been seeing from walmart. earlier this you they came out very publicly, doug macmillan campaigned against the new religious freedom law in arkansas. againstiscriminatory same-sex marriage and they got an amended. they did a similar thing in indiana. walmart is taking on social issues. thank you. much appreciated. still ahead on bloomberg market day, it may be a turning point in black

earlier today, olivia sterns talked about all of this with doug macmillan. doug: we don't want to sell anything that offends people. i was surprised that we carry some of these items through her marketplace, which is third-party sellers online. we have over 7 million items and we saw they were out there, we decided to discontinue it. onlyet: walmart isn't the one. the south carolina governor is calling on that was later to remove the one flying from the state capitol grounds. mississippi's house speaker want it removed from the state flag. the governor of virginia wants it vanished from state license plates. mark: homebuyers were out in force last month, new home sales rose in may to the highest level in more than seven years. sales were up two point 2%, beating estimates in april gain was revised upward to more than 8%. buyers are taking advantage of mortgage rates that are still new record lows. existing home sales are a multiyear highs as well. scarlet: there's a sign the demand for american-made manufactured goods is stabilizing. orders for business agree

ceo doug macmillan said sister maria bartiromo yesterday. >> we've got more than 7 million items on firstin the tory and we just decided to go through the process of removing items because we don't want any merchandise we sell to be offensive. >> amazon, ebay, alibaba said they will no longer allow the sale of confederate items. plus the flag makers valley forge, five manufacturable stop making and selling confederate flags. as he pointed out, people still want the confederate items. they're rushing to the businesses and smaller shops that sell the items. dagen: represents racism and the like, but some people look at it as a way of serving our country at that time and there is businesses, when you look at the business aspect, the 133-year-old company donate's millions of flags a year. dagen: how far does it go. a pusher and digested data statute in the capitol in washington d.c. moving on, an intense search underway in upstate new york are they to convict killers who escaped a maximum-security prison. david lee miller is alive in new york with the very latest. good morning david lee. repo

doug macmillan says the company will no longer sell confederate flag merchandise.nother disappointing quarter for blackberry. we will ask john thain how you plans to turn around the company. have overd airlines baggage fees. is it fair to consumers? ♪ pimm: good afternoon. olivia: let's begin with a look at the markets. u.s. equities fluctuating near record highs. let's call this unchanged. federal reserve officials, comments, speculation that interestat

walmart ceo and doug macmillan will join us in "first on fox" interview right here, starting 6:00 a.mern time. >>> coming up in this hour, new details emerging about jonathan gruber's real role in obamacare. let's just say he downplayed it big time. melissa: a new samsung truck is aiming to give you a better picture of the road ahead. this is very cool. we'll show you how it works. ♪ can you spot the difference? no? you can't see that? alright, let's take a look. the one on the right just used 1% less fuel than the one on the left. now, to an airline, a 1% difference could save enough fuel to power hundreds of flights around the world. hey, look at that. pyramids. so you see, two things that are exactly the same have never been more different. ge software. get connected. get insights. get optimized. if you're an adult with type 2 diabetes and your a1c is not at goal with certain diabetes pills or daily insulin, your doctor may be talking about adding medication to help lower your a1c. ask your doctor if adding once-a-week tanzeum is right for you. once-a-week tanzeum is an injectable

we will be speaking with the chief executive and largest employer in the u.s., doug macmillan --davidg mcmillon -- doug mcmillon. stick with us for that here on bloomberg television. if you have to leave your tv, do not worry. you can stream us on your mobile device. ♪ announcer: live from bloomberg headquarters in new york. this is "market makers," with erik schatzker and stephanie ruhle. matt: you're watching "market makers." erik schatzker and stephanie ruhle are off today. we both fill in for them. .co doug mcmillon is going to -- walmart ceo doug mcmillon is going to join us. let me give you a look at stories we are following this morning. a signed that demand for american-made manufactured goods are stabilizing. bookings for nonmilitary capital goods other than aircraft were up 4/10 of a percent. orders for all durable goods fell 1.8%. that reflects a drop in the volatile aircraft category. the prime minister of greece has until tomorrow to get the deal done. leaders say greece is getting serious about reforming its economy. they want to see a breakthrough by tomorrow. alexis ts

stephanie: doug macmillan lysis a walmart is. everyone wants to be a tech company.you so much. a great addition of the three things that move the markets. stephanie: i thought you were going to see a great addition to bloomberg, tracy alloway. now we are going to another fantastic person at bloomberg. julie hyman is taking a look at what stocks are moving here at the open. we just had the bell ring. we basically ignored it. but what is moving? julie: i want to mention that we are not seeing overall movement in the overall averages, which is notable given the lack of process -- progress on greece. this perhaps reflects that there is not enough concern now is the was in 2012 when we were sort of in the same boat with europe. it is something worth mentioning as we get underway this morning. i want to look at some movers. the big cosmetics company may have one the auction for proctor and gambles hair care unit, including its brands. these shares are surging by 15%. we do not know if this is the case. we do know that the german company has dropped out of the building. te

brendan: we exit have later this morning on bloomberg television doug macmillan will be on with oliviait when he to be asking him? oliver: i think it is about how do you inspire this consumer to come into your store reserve and store at the front of the store, how they will leverage a new kind of shopping. millenniums too, you have got to get younger and retain your existence. tom: vonnie the stores are packed with stuff. is there too much stuff out there? oliver: in some cases there is. with clothing, you have got to get the fashion right. at the heart of retail is supply versus demand. tjx does this well. vonnie: tjx does it really well and they keep their secrets close to their chest. what happens to american apparel? and i'm not talking but the retailer. i mean in general because it is the zaras of the world they are taking over from abercrombie & fitch. oliver: the competitive advantage has really changed the game. it is not as much a key item strategy -- it is a lot of choice. it is consumers making choice more room for fashion errors. when using about instagram, bloggers, what h

also offsetting costs and wage hikes come as something i talked about the ceo doug macmillan yesterday. >> we want to make sure we've got strong talk for the future and we retain and develop people to become store managers and do great things within the company. maria: the changes will affect 10,000 suppliers to the u.s. stores. netflix up at 10 to one -- seven to one split with a ambitious expansion. six july 14th. ix additional shares will be paid out on july 14th. shareholders on record july 2nd. futures this morning expecting weakness at the opening of trading. the dow industrial pulling back today as we see weakness this morning and skepticism around a deal for greece. we will tell you about it. upstate new york this morning, talk about free production. the prison employee looked at her convict terry's escape may have bribed guards with desserts to give them special treatment. that is not where it ends. "the new york post" reporting joyce michelle has caused a sex with one of the killers four times a week in a slingshot storage closet. more on this. fbi investigator bill daley. th

doug the walmart ceo macmillan speaking to olivia sterns. now we focus on food.aurant planning to split off many of its companies in a deal. it will help lower the debt load. proceeds, we intend to pay down $1 billion of debt. we expect this will rain tame the investment-grade credit profile. we believe this will result in a favorable outcome for all of the stakeholders by strength think the balance sheet while positioning to great companies to succeed in the future. this comes after they lost the proxy fight with star board value last year and operating under me new -- under new management. earlier today we spoke with matt miller about the proxy contest the drug today's announcement. next there was a 300 page powerpoint presentation about the breadsticks. here we are trying to squeeze value out of the real estate this company owns. >> how much real estate do they about 500 places they owned the building and the land. the ones they own. those are spinning off into the reits. 70 five they released. with the proceeds they can pay back one billion in debt. 75 going