that's the cost of doing business with the ecommerce and tights high a cost to pay. what if you don't even try on keep one amazon and its customer pampering? i think that's another huge theme. we know for instance the sports authority that now defunct 450-store chain was unable to keep up with the ways of retail. i think they were a total casualty of online distribution in general and amazon ecommerce in particular. today that liquidation played havoc with nike. if you followed the customer you might have known to avoid these two stocks for the moment. i think underarmor can recover. i'm a little more concerned for nike. specially morgan stanley, we talked about a real showdown for the giant shoe maker. how bad? playing against steph curry, that's how bad. they said curry's endorsement deal has given a huge pick-up versus the michael jordan led nike. this is first time the got the edge over jordan franchise. wow! throw in the fact the once more of adeedas has come back to life and it seems nike no longer has the a hammer lock on the customer. i'll never get those guy

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a that point we did see that retail was slowly on the decline and ecommerce was on the rise. had that many other people didn't see was that marketplaces would be the future and we thought that amazon would lead that charge. we other -- our goal was to partner with amazon, work with them, become one of their largest retailers and build a brand within a brand. we were burning through cash the first couple of years. trying to build our technology. one of the things we didn't want to do was use outside third party software for our warehouse manager system because that would create a level playing field between us and our competitors. we knew we needed an edge. we built all our software and biment warehouse fulfillment and logistic software. one of the key facters in us starting the trend up were building out software that allowed us to dynamically price. we base by cluesed key factors like shopping pattern characteristics, rankings, weightdy mentions. that alloweds now currently to change our prices across the board every 45 minutes. some of the metrics speak for themselves. we u

lives of millions of indians are being transformed by the adoption of technology and the use of ecommerceee the business as closely integrated and contributing to the success of prime minister modi's proare grams -- programs, skill india, make it india, and others that support the growth. >> and seema, on that, i wonder how much of modi's address is to be aimed at congress, and those who are influencing trade or ceos and entrepreneurs directly? >> well, probably a little bit of both. the need for strengthening bilateral trade, and the u.s. government support. but at the same time, really trying to showcase the reason why u.s. corporations should continue to invest more in the country. i mean, as we said, the demographics are very appealing, and this is what is going to make the india growth story so interesting. the democracy of the growth of people over age 25, but there is still a number of ongoing challenges including bureaucracy and corruption. and so at some level, talk is cheap, and you may be selling the dream, and we have to see the action, and he has been prime minister since may

>> insource, ecommerce. funded out and ebay runs its forum. bringing that in-house by 2017.he problem golf galaxy. we now golf has become a real issue for many of these in the sports world or whatever, and if you look at dick's in terms of where they've had their growth, they are in the right place at the right time. they've got under armour, nike, everybody and haven't executed properly. now the focus i think will be on ecommerce and getting themselves back, refocused where they'll go. goldman is right, by 2018, impressive. trading at a 10 multiple. >> l brands, downgraded. the firm slashes its price target to $57 down from $74. still not a buyer? >> not a seller for sure. not here. stock down 32% year to date. the problem is the fixes they've announced will take a really long time. may not see same-store sales in a year. trading at estimates. wouldn't sell it. down a lot. looking to go the other way but i think we have time. >> pete? >> there's opportunities here, but this is a great name. they really survived off consistency forever. >> yes. >> all of a sudden things star

that's why we make more ecommerce deliveries to homes than anyone else in the country. us postal service. priority: you >>> mayors from all over the country are wrapping up the 84th u.s. conference of mayors in indianapolis. the four-day meeting included speeches and discussion on a wide variety of topics facing america's cities. among them, criminal and social justice reforms. the president of the conference, baltimore mayor stephanie rawlings-blake is joining me from indianapolis. thank you for being with us. we appreciate it. >> good to be here. >> so baltimore, starting with your home city, has had more homicideses last year per capita than any year in that city's history. eight people have been killed in the last week, including a young rapper this weekend leaving what's i'm told is a charity basketball game for peace. with gun legislation obviously apparently going nowhere on capitol hill, what real solutions are being implemented in baltimore right now that can help your local community? >> i think the solutions for the violence that we've seen in baltimore and c

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today ecommerce company is likely worth a lot less. bad bath and beyond bought the company said the price is not material. >>> bank of america is cutting more jobs. up to 8,000 positions are expected to be eliminated in the company's consumer banking division with the majority coming from attrition. at the same time, banff of america will be hiring in its sales unit. shares up a tick to 13.34. this new core rose on better than expected guidance. the company said it expects the benefits from higher than average selling prices and improved volumes. that sent shares up. shares. whole foods were hit after a letter saying it found serious violations in a massachusetts plant during a february inspection. the organic grocer responded to the claims in march saying it would address the issues but the agency remains unconvince asked gave the company 15 days from the time they received that letter to provide proof of the corrections. shares fell nearly 5% to $l30.9. >> the electronics manufacturer also announced a $400 million share buyback. shar

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that's why we make more ecommerce deliveries to homes than anyone else in the country.ostal service. priority: you . . . . . >> new e-mails just released showing the former secretary of state was clueless about record keeping. she writes i realized i have no idea how my papers are treated at state. who manages my personal and official files. aberdeen replied we discussed this. i will explain it to you when i see you today. >> they were testifying about the private e-mail server later today. >>> tens of thousands of justice department employees will soon be forced to undergo bias training. the mandatory courses begin this year and aim to have clinton by oses in law enforcement judges. the doj following the lead of police departments having similar training after racially charged police action. what do you think? let's keep talking this is the mandatory bias training a good idea or pc police gone too far? log on to "fox & friends first" facebook page we will have a live debate #keep talking. >> ikea recalling millions of dressers after the deaths of three doddlers. >> che

that's why we make more ecommerce deliveries to homes than anyone else in the country.tal service. priority: you >> intensifying at this hour for crew members where two trains collided and a fiery crash ended it. the pulse pounding video. authorities believe the three missing crew members are trapped beneath the rubble. there is a fourth person who jumped for his life. >> a desperate rescue mission happening right now. crews scouring the ocean for a 100 ton patient. the blue whale is in a fishing net. he was spotted monday off the coast in california in distress. now it is a race against time. if the line is not cut the whale may only have a month to live. firing up the largest rocket booster. >> 3, 2, 1, fire. >> we have the mission powering up to mars. >> on the remote poun mountain side. this was the last test. up next it will blast off florida's kennedy space center. >> that is awesome stuff. now to a fox business alert just in time for the holiday weekend gas prices are hitting rock bottom. with how low they are going to go and how bad traffic is going to be leadin

that's why we make more ecommerce deliveries to homes than anyone else in the country.stal service. priority: you >>> almost five minutes outside the hour. we're back with this. transgender training. learning how to interact with transgender. learning the correct terminology and how to ask for someone's preferred pronoun. the course will begin tomorrow. >>> well, sparks are flying on a community over a 4th of july decorati decoration. apparently some people in a new jersey neighborhood say they're distracting but others say they brighten their day. they'll decide if the decorat n decorations can stay. for now an area that's usually festive with flags and signs is empty. that can't be real. >> that's not right. >> no. >>> an emotional reunion. a solder overseas for 4 1/2 years surprises his mom and her reaction warming hearts everywhere. >> hi, mom. >> ahhhh! >> oh, u.s. army specialist kyle surprising his mom in their kitchen. she said, even he was blown away by her emotional response. look at his mom. she's a happy one. >> almost five minutes from the top of the hour.

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. >> previously apple pay and an dproyd pay for ecommerce was selling a separate app for each merchant never used apple pay. >> me, meeming neeminger. >> have i use today gary. >> i don't use apple anything. >> you don't even eat apples. >> i love apples, i love apples right? i don't have a problem with apple it's just the -- never mind. 72 degrees -- you don't want to hear that nonsense. you really probably do i don't have time to get into it. 61 degrees culpeper and 63 winchester and 64 for frederick and look at annapolis this morning at 72. the sun is coming up. we have clouds and it still looks like it's beautiful out. takes nice day. we'll warm up. starting off in the 60s and 70 70s. call pepper you may get down until the upper 50s before all said and done. here's the forecast today. 71 this morning at 8 . lunchtime 78. certainly warm. we're going lower to mid 80s today. touch more humidity than we he yesterday. but it still looks like it will be real, real nice out there. now look today is last dry day. we introduce rain going into the forecast tomorrow through friday okay. we'll

that's why we make more ecommerce deliveries to homes than anyone else in the country.tal service. priority: you thursday, june 30th. this is a fox news alert breaking right now. 13 people raised in the istanbul airport attack. this as the head of the cia sounds the alarm about the attacks here on american soil. >> a grizzly attack. a grizzly bear who mauled a mountain biker to death. >> it is the worst in america. could it be yours? "fox & friends first" continues right now. fp p you are watching first baseman m. first baseman m. >> this as we get our first look at two of the suspected attackers. >> americans are on edge right now. the cia chief says there's a real threat for a similar attack at home. >> we are in washington with the latest this morning. >> good morning, garrett. >> we are getting breaking news from tuckirkish state media. 13 suspects involved in the attack at the airport at istanbul. three are foreign nationals according to state media. police in istanbul conducted a series of raids on thursday. they were targeting individuals believed to be involved

ecommerce makes it as crucial as ever. its mission is being threatened by many corporate and wall street forces that seek to undermine it and privatize it. the 2006 postal accountability enhancement act with its outrageous biurden of prefundin retirement 70 years into the future has led to understaffing closed post offices slowed down mail reduced hours of retail operation and driven away needed revenue. in 2012 the republican party platform, essentially called for postal privatization. it appears with my research, maybe i'm wrong, that the 2012 democratic party platform was unfortunately silent on the postal issues. we hope this time your platform addresses strong support and commitment to a vibrant public postal service and opposes any attempts aimed at postal privatization. specifically i would encourage the platform to include some of the following, ending the congressionally mandated prefunding mandate that was passed by congress in 2006. returning to overnight delivery of first class mail and peer oddicals within the

hey, speaking of the ecommerce side of the business.t customers are the general buyers who start buying from them online and begin going to the actual stores. that's what it is supposed to be about. finally, she made a point of thanking the smi chain and i.t. based technology teams. still managing to improve the amount of products in stock at ulta stocks at any given time. it doesn't matter. that's what it is like the run a well oiled machine. distribution centers. getting it from here to there. been doing it better than anyone. she made a great point and i quote. it we're pretty darn good at understanding consumer segments. understanding where the nanld might go in the future and using to it figure out what we had the category growth will be. remember, knowing your customer is what this show has been about all week. companies and can follow consumer tend to thrive in the environment. the stock speexpensive. but not most stocks in the market, nobody does. mary dylan has turned her company into a powerhouse because she understands the co

that's why we make more ecommerce deliveries to homes than anyone else in the country.stal service. priority: you try cool mint zantac. hey, need fast heartburn relief? it releases a cooling sensation in your mouth and throat. zantac works in as little as 30 minutes. nexium can take 24 hours. try cool mint zantac. no pill relieves heartburn faster. >>> secretary of state john kerry take something heat after saying this. >> it has been more than one year since daesh was launched a full-scale military offensive. and that's because our coalition is moving forward rerentlessly on every front. now, yes, you can bomb an airport. you can blow yourself up. and if you're desperate and know you're losing and you want to give up your life, then obviously you can do some harm. >> critics say isis appears to be getting bolder. isis isn't desperate. they say john kirby is we state department spokesman and joins me now. john, taking a lot of criticism for these comments because people feel like the administration is out of touch with what is really happening. your reaction. >> i think

>> reporter: because a study of thousands of ecommerce sites nordstrom.com and others found that retailersr times as much for dresses that are advertised as wedding dresses compared to dresses in a similar design and fabric that's not called wedding dresses. the so-called "i do" premium, they call it bridesmaids dresses were twice as more expensive. so you have to just ask for a white dress. right? >> good advice. thank you, jill wagner of cbsmoneywatch.com. >>> 5:40. still ahead this morning, federal elections commission filings raise questions about where donald trump's campaign cash is going. >> and here's a live look at 880. traffic is moving along. we'll see if there are any hot spots that you should be aware of out the door this morning for your morning commute. we'll be right back. ,, (upbeat music) - [voiceover] you are san francisco. we've been with you from the beginning. we've seen each other through good times and bad. sickness and health. we're with you san francisco, and you bring out the best in us. care. zuckerberg san francisco general hospital and trauma center. >>> 5:43,

that's why we make more ecommerce deliveries to homes than anyone else in the country.he us postal service. priority: you >>> harrisburg clinton and donald trump both condemning the terror attack on turkey but with very different messages. clinton releasing a statement that reads "today what's happened in istanbul only strengthens our resolve to defeat the forces of terrorism and radical jihadism around the world. we must deepen our cooperation with our allies in the middle east and europe to take on this threat. such cooperation is essential to protecting the homeland and keeping our country safe." . this as trump spoke in ohio with a more ominous warning. >> folks, there's something going on that's really, really bad, all right. it's bad. and we better get smart and we better get tough, or we're not go having much of a country left, okay? >> helping us break down the latest in the 2016 presidential race. cnn political analyst josh rogin, columnist for "the washington post." good morning. >> hey there. >> morning. >> we just heard from donald trump. we saw the statemen

. >> can we bring the best of ecommerce techniques, the best developed at amazon and facebook and google and bring them all to bear on the ticking space to help more people go to the movies in a more convenient way. >> reporter: showed us how it works. >> you can see that there's a beautiful wheel here that you can jog through all the content in. and the wheel is customized to you so the more you use it, the smarter we get about what movies you are going to like. >> reporter: you can see all your favorite theaters and showtimes as well as a list of your friends you may want to invite. >> i invited five friends. i'm not paying. i'm going to add my own ticket. they are going to get invitations sent to them to able to buy theirs and join me at the movies. >> reporter: it's not just about ordering the movies. it's about ordering the concessions. what's a movie without a drink and popcorn? make them large. when you get to the theater no long lines. they are ready to go. >> sounds convenient. >> reporter: we got plenty of movie-goers who like the idea especially avoiding long lines. >> yeah. v

that idea in partnership with several organizations has, again, become the largest multi-channel ecommerce platform in the world for girls and within the first pilot year it was unbelievable. when we launched it in december -- it's currently 2016. so we launched it in december of 2014 and in three days we had 4 billion media impressions from around the world. and the reason people were so excited is they knew the power of our cookie program. they knew the significance of investing in our girl scouts but they also saw it as an opportunity to leverage technology in a brand-new way. what you're going to see with this platform, it's the first throw away into digital girl scouts programming. what i'm excited about is to see what girls do next. we're not designing it, right? we're taking their ideas and replicating it and getting adults to invest in it. at the end of the day the ideas are coming from them. that's what i think at the end of the day will keep girl scouting alive and thriving in the united states and the globe is that we continue to focus on the girl and we keep the girl at the cen

that's why we make more ecommerce deliveries to homes than anyone else in the country.postal service. priority: you we believe that you should keep what you buy. that's why your unused talk, text and data never expires with active service. some major carriers say you can keep your data. but when you read the fine print, your data does expire. but tracfone has unlimited carryover, so you get to keep your unused talk, text and data. 90-day plans with unlimited carryover start as low as $20. unbeatable nationwide coverage. no contract. tracfone. do everything for less. wopen up a lot of dawn. tough on grease...yet gentle. dawn helps open... something even bigger. go to facebook.com, dawn saves wildlife. >>> donald trump wasn't at the summit in canada yesterday, but his presence, that was there. president obama took another whack at trump, this time painting the billionaire businessman as part of the global elite. here's part of the president's nearly six-minute rant. >> i'm not prepared to concede the notion that some of the rhetoric that's been popping up is populist. som

that's why we make more ecommerce deliveries to homes than anyone else in the country. the us postal service. priority: you searching for a great used car? we want one that's well maintained. just say show me cars with service records. find the cars you want, avoid the ones you don't, plus get free carfax report with every listing. that's the one. start your used ca seart carfax.com :we're back and covering the breaking news out of istanbul, turkey and three explosionings. a few updates before we go to the scene in istanbul. the nypd put out the community affairs said that multiple sources say what is going on in turkey, but no threat to the new york city area at this time. boston's airport on their security measures, they put this out a few minutes ago. the security is robust and dynamic. they remain a posture and there are elements seen and unseen. tur irk services have daily fligh flights. so far no threats here in the united states. just wanted to pass that along. joining me outside is gerard and middle east correspondent for time magazine. tell me what you have see

that's why we make more ecommerce deliveries to homes than anyone else in the country.s postal service. priority: you built a sandcastle?id? ha, no, i switched to geico and got more. more? 24/7 access online, on the phone or with the geico app. that is more. go get some mud... all that "more" has to be why they're the second-largest auto insurer. everybody likes more. mhm, i think so. geico. expect great savings and a whole lot more. >>> time for one more thing. i'm going to kick it off with a stat. if you've been involved in conservative politics over the past ten years, you probably knew the name mike flynn. you either saw his byline, and i think he was the first editor at breitbart's big hollywood. he was a very astute writer and a good person to drink with. he passed away unexpectedly last week. he was young, 48. he's just a very funny, smart person. thoughts go out to his family and just a shock. >> wow, god bless him. that's way too soon. >> yep. >> k.g.? >> the justice department still investigating hillary clinton for possible criminal wrongdoing regarding her p

ecommerce, great place for them to position in right now.oing right now. >> not box? >> not box. >> big month for biotech. one trader thinks the run-up may be coming to an end. here's the details. hey, mike. >> hey, mel. we saw a lot of activity in xpi, the biotech etf which traded a little over 2.6 times its daily average put volume today. it looked like a very large, interesting hedge trade. basically what traded was something called a ratio put for caller. somebody bought 5,000 of the july 56 puts in xpi, and sold 2,500 of the 62 strike calls at the same expiration and 2,500 of the put. basically bought protection if it falls below 56 bucks. what's interesting, you take a look and right now, after that 20% run, we're getting right up basically to the april highs, that lower put that they sold, takes you right down to the early mid-may lows. a very creative and interesting hedge after a big run. >> where are you on biotech? >> nowhere. >> you're out? >> i'm out. it's too difficult. i do think, we saw yesterday that big deal. we'll see othe

that's why we make more ecommerce deliveries to homes than anyone else in the country.he us postal service. priority: you i'm in charge of it all. business expenses, so i've been snapping photos of my receipts and keeping track of them in quickbooks. now i'm on top of my expenses, and my bees. best 68,000 employees ever. that's how we own it. kind of like this look. i'm calling it the "name your price tool" phase. whatever. you >>> back to our breaking coverage, news out of istanbul. the president vowing to stand with the country and their bid to fight terror. the explosions at istanbul's international airport happened about 9:20 local time. the airport reopened about five hours later. planes landed, passengers boarding flights in the same airport where 41 people had just been murdered when three suicide bo bombe bombers blew themselves up after opening fire on as many as they could target. just five hours later, passengers were on the move. it wasn't business as usual. use this as a comparison. the brussels airport was closed for two weeks after the suicide bombing the

. >> the idea was to bring the best of ecommerce techniques that's developed at amazon, facebook, googleringing to bear on ticketing to help people go to the movies in a more convenient way. >> atom tickets are now available at regal and amc theaters in los angeles. the app plans to operate nationwide later this summer. >>> sign me up. time now 5:52. it was a '90s era clear soda but now crystal pepsi is coming back. more on when you can once again find it on store shelves. [ ghost voice ] the name your price tool can show you coverage options to fit your budget. oh -- ohhh! she slimed me. [ laughs ] they'll be holding another "prime day" event. >>> amazon wants to give you christmas in july so next month they will have another prime day event. the special day was created for the first time last year to pull in online shoppers offering up deals that amazon said were better than black friday deals. but the event was a bit of a bust because some items ran out quickly. prime day will take place on july 12 this year. >>> walmart is offering a big incentive to lure online shoppers. the megaret

al mart announced, now we're going to be doing more ecommerce. i would be careful. because when you see amazon crack, you're probably going to see the whole retail sector crack. the reason i say that is, what we've seen is tremendous online sales. we're going to talk about fedex later. those returns, those earnings were down today. and i would say that the excuse people are using is everything's going online, amazon is the winner. when that excuse isn't there anymore, you have nothing left. >> we've seen the whole retail space crack already. when you see amazon crack, the others will probably rally. as for walmart, interesting stat that i didn't know. 56% of revenues is groceries. i didn't know that. all they have right there is pricing. it's in the single digits for amazon. amazon is still a retailer. in april, amazon exploded, up 22%. walmart didn't do that. it actually traded down about 8%. so i think there's a lot of stuff you have to kind of weed out here. i would still rather be a buyer of amazon ultimately. but right now, seems to be running out of gas. i've

it's ecommerce. that's a monster for them.ud space, and they have got competition from google, from microsoft. but they've got that space as well. prime, and the growth internationally. this is a monster growing company that dumps money into themselves time and time again. the market for whatever reason over the years has been able to embrace that and say they're going to give them a pass. because of that i think the stock can get over $1,000. keep an eye on shipping logistics. that is the next part of that business that's going to push them over $1,000. >> i agree with pete. when you think about it, you have to think about the mark caps. google's got about a $500 billion market cap. amazon $350. if you're going to place your chips on something, you would say amazon has a much better shot to get there. the stock was at $450 a year ago and at $730 now. what's it going to matter if it's $1,000. google acts very poorly. >> what's up with google? >> nothing. sort of just treading water. i still like it. amazon's smaller, $34 billi

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because when you ship with us, your business becomes our business. at's why we make more with us, ecommerce else in priority: you >>> does it for us tonight. we'll be back tomorrow. with all due respect, i take away so much time from them. i'm giving it to them early. you have 9 free seconds, mark. it's all yours. see you. >> on the show tonight, convention plots and speaking with just 19 days to go until republicans convene in cleveland. first the world and america still reacting to the attack at istanbul yesterday. the total number people killed is now 41, according to authorities. more than 200 injured. by three suicide bombers who tirkish officials say have ties to the islamic state. hillary clinton and donald trump have each weighed in over the past 24 hours. let's review what they've said. the attack at the airport occurred just before 3:00 p.m. eastern time. trump offered his first reaction at 4:08 p.m.

that's why we make more ecommerce deliveries to homes than anyone else in the country. see it in my home country where some politicians find it convenient tocapegoat immigran immigrants, to play to our fears rather than as aim hamlin con said, few of them are better angels, divide us rather than unite us on common humanity. it has been un-american what we have been seeing. >> vice president joe biden speaking following the brexit vote making a -- we talked about the pivot. >> and he may also be changing his tone. >> yeah. what did he say? he said we see the lighthouse? >> wow. you'll have to bring your food taster if you go stay there. >> yeah. >> okay. >> yeah, he may be changing his tone as well on immigration. trump said on saturday -- >> no. he is saying trump might poison. >> he wouldn't characterize it as mass deportations posting on twitter i never liked the tomorrow mass deportation but we must enforce the laws of the land. >> we'll enforce the laws of the land. >> he also said president obama deported vast numbers of people and it's never reported. i think peop

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why not partner up with the fastest growing chinese ecommerce trader.'ve exceeded alibaba for seven straight quarters. china is a tough market. you have slim margins, competitive local players, both ahead of walmart when it comes to market share. for retailers like best buy, they've been squeezed out of the market. walmart has been criticized for not understanding local chinese tastes and the big box working the same way in the world. walmart ceo said he believes china still remains an international market when it comes to sales. >> suzage, thank you so much. >>> what's on the radar these days? >> this is a digital investment platform for women. we are not stock pickers, we're picking individual etfs to put together portfolios to help women achieve their goals. what we're looking at is how our industry is changing, to be much more investing through technology. as opposed to the way it was done for many years. i think it's a great thing. >> a little dangerous? >> look, everything's dangerous. we were just talking about the sharks. but to combine the inte

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that's why we make more ecommerce deliveries the us postal service.alled "the bfg" it standing for the pig friendly giant. it features an 11-year-old, her name is ruby barnhill. she sat down with steven >> reporter: you could say steven spielberg has knack for finding young talent. from christian bale. >> i can't remember what my parents look like. >> reporter: to drew barrymore. >> e.t. phone home. >> reporter: you can expect greatness. >> i'm an untrust worthy child. >> i loved i didn't hear the writing. i heard her personality speaking the words of someone else's. that authenticity convinced me to meet her in american. which i did. a day later, gave you the part. >> reporter: and just like that, the 11-year-old newcomer took the talents to the big screen. >> oh, my. it is a great film. i think everyone is going enjoy it. i don't no whether i'll -- what i'm going to do next. one day i want to be a director. the next day i want to be a journalist. and my job. >> reporter: the film also has poignant themes. namely overcoming bullying. have you dealt w

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that's why we make more ecommerce deliveries to homes than anyone else in the country. to come out, it's come out, it's called "the bfg" it stands for big friendly giant. it features an 11-year-old, her name is ruby barnhill. she sat down with steven spielberg and abbie boudreau. to talk about the film and the important message behind it. >> and cut. and good. >> reporter: you could say legendary director steven spielberg has a knack for finding young talent. from christian bale -- >> i can't remember what my parents look like. >> reporter: to drew barrymore. >> e.t. phone home. >> reporter: so you know you can expect nothing short of greatness from the pint-sized "bfg" star ruby barnhill. >> i'm an untrustworthy child. >> that was a long, exhaustive search and what i loved was that i didn't hear the writing, i heard her personality speaking the words of someone else's. that authenticity convinced me to meet her in person. which i did. a day later, gave you the part. >> reporter: and just like that, the 11-year-old newcomer took those talents to the big screen. >> oh, m

amazon had success with clouds, with ecommerce. but not so much with hardware. so did it learn from its previous mistakes? i mean, what can it take away from that? and what makes you think this will be a success where that wasn't? >> well, amazon actually had a lot of hubrus because of the smartphone. the ceo said we're really good with the kindle, why don't we knock it out of the park with the smartphone. it blew up in their face. and in parallel with that, they were actually developing this echo device. so the really big deal for that team to actually push something out to gain consumer adoption. again, this is not a device that you have to have. this is for wealthy people like you and me who are middle class and up who can afford these. not like a smartphone that you have to have. i think over time the hardware is going to fade away, the prices will go down to where it's the voice-controlled assistance, that's connected to the internet that will try to understand what you want, give you information to let you buy things and so on. >> it's coming. amir, good t

you will have at love the staples delivered by delivery services, and ecommerce, and you don't have to and the flour in your cub boards, but for the fresh unders, this is a great solution. >> and try it out. >> i want you to try it right away, and i know that you like to cook, and this is going to be something surprising and wonderful for you. >> sounds great, because i need more lessons for sure. i will try it out. thank you, martha stewart joining with us your new partnership with marley spoon. >>> and now, health care ceos are meeting to discuss the gross pricing and other challenges facing the health care industry, and meg tirrell is at the conference and she is joining us. >> i'm joined by the ceo of medtronics, and thank you for joining us. >> thank you. >> and i want to stop and ask you about one of the biggest transitions is buying ocovidian, and there was an article talking about the companies inverted and despite the u.s. targeting the inversions with pfizer and allergan, there are not many examples of the companies that have inverted and i wanted to ask you about that, and a

there are rules in the ecommerce chapter that actually require more regulation. one says each party shall provide -- fraudulent or -- each party shall adopt or retain measures regarding electronic messages. the tpp's actually requiring more regulation. here at cato, we're often skeptical of regulation. we're not against all of it. we've given it a pretty positive seven. but we still have doubts as to what it will mean in practice. now going to -- on the more negative side, i think within the libertarian community, there are different views on the value of intellectual property protection. there's a significant group who's very skeptical of it. i am in that group, i confess. we've given it a four just to give you the most obvious example of somewhere i would say and maybe others would say this goes too far in terms of regulatory and governance impact is that the tpp intellectual property chapter requires a copyright term of life for the author plus 70 years. 50 years seenled fine to me, maybe even excessive. now we've extended it even further. i definitely see neg

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