last year the company announced a partnership with fed ex for drop off and pick up services as well as a partnership with lab corps showing promise in florida. >> they menoned optical and hearing. i do think they are kind of inching toward doing more health re-type services and chasing cvs. >> good news came in the form of a $10 billion share buy back and a higher dividend. walgreens has another thing working in its favor -- demographics. as boomers age they are likely to fill for prescriptions. for "nightly business report" i'm kate rogers. >> elsewhere fellow dow component nike reported better than expected earnings and revenue t to new product launches that consumers liked. nike earned 69 cents a share, five cents better than estimates. revenue rose nearly 13% to more than $9 billion. thatleased investors. they sent the stock higher in initial after hours trading. sarah ieisen has more details. >> repter: nike did it again, beating wall street's high expectations in the quarterly earnings report. north america is this is one of the biggest questions going into the report after a slu

workers are unionized fed ex workers are not but now the century old delivery giant is trying to play catch up but it's paying a hefty price to the tune of twenty billion dollars over the next three years which will go to opening new automated facilities and technology upgrades the company says it plans to process all packages except larger ones or packages traveling a shorter distance through automated hubs by two thousand and twenty two meanwhile the company also faces competition from online retailer amazon which is building a delivery network of planes trucks and vans to handle more of its. on line orders according to the report profit margins at u.p.s. is domestic unit fell to twelve point one percent last year from thirteen point five percent in two thousand and thirteen while the unit in this same period added more than six billion dollars in revenue which hit more than forty billion dollars last year investors accustomed to u.p.s. as low spending sent its stock tumbling in january after executives disclosed that they would increase capital outlays while u.p.s. plans to impleme

this is the way fed ex built out their business, this very model.that off from a player that's very strong in the marketplace. maria: tough competitor, amazon. gerri, thank you. rolling the dice on atlantic city, the iconic boardwalk celebrates the opening of two casinos today, bringing jobs and the hopes of economic revitalization. we'll take you live to a.c., coming up. back in a minute. ♪ got to run for shelter. ♪ got to run for shade. ♪ it's too hot, too hot lady. ♪ retail. under pressure like never before. and it's connected technology that's moving companies forward fast. e-commerce. real time inventory. virtual changing rooms. that's why retailers rely on comcast business to deliver consistent network speed across multiple locations. every corporate office, warehouse and store near or far covered. leaving every competitor, threat and challenge outmaneuvered. comcast business outmaneuver. maria: welcome back. new jersey hitting the jackpot, two brand-new casinos in atlantic city opening their doors today in hopes of a revitalization o bus busi

the finals will be played played in l or new yorkit fantastic to have at fed ex the1 the9 world cupe as well we're excited the whole city will be a buzz. the reason wille a buzz we're excited when we host it here. >> i want to touch on what will happen to this facility inhisar. first, john, for you give memory here.ne memory >> absolutely. just for everybody else out still training, greg, to be a striker or a goalkeeper in that final in 2026. a >>olutely. >> so, you knowt, no, memories i was here. i was telling greg obviously winning the title in '96 inr the fiss was tremendous, but bringing it back here in '97 was pretty special. we had 57,000 plus fans in the rain pouring down rain. >> itas at game. >> in thisum stadi you couldn't hear yourself speak. >> absolute. >> acoustics hererir biant this gritty connection tha twe have withhis stadium is amazin>> mazing. >> it really is. m getting a little weepy eyed but any way, no, we've had some great momen here. really have. >> the redevelopment project would still be a part ofrlhe wo cup 2026, right.ut >> aely. for the short term we pr

afr the bell fed ex said it shipped more packages at higher rate helped overall earnings rise. the g deliverynt gave strong guidance for the year though it does see earnings coming in just a little light. shares ended the regular session down two percent at 25839. the business software maker oracle reported an increase in profits after the bell saying growth in the cloud division helped overall results so inching a little higher. shares of oracle initially higher in the extend sessi but finished the regular day down at 4627. >> laz boy saying mor customers made purchases resulting in growth across all divisions and higher same store sales. it the full year it said expects consolidated sales to rise more than four percent but shares were initially lower in after hours and ended a d up. and preliminary results show carl icahn has full control over sandage energy board of directors. he sought to control the board earlier this year after he iticized management for missteps. shares took off rising seven percent to 1702. >>> coming up, what is at stake for apple as trade tensions wit

the jobs are gone all the coal miners are fed ex. live to see these people the survivors of a world. hearing before their eyes. i remember thinking when i was younger that if anything ever happened to the coal mines here that it would become a ghost town but i never thought in a million years i would see that and it's happened it's happened. when a loved one is murder it's natural to seek the death penalty for the murderer i would prefer it be to limit death penalty just because i think that's the fair thing the right thing research shows that for every nine executions one convict is found innocent the idea that we were executing innocent people is terrifying news just no really hasn't been that we hear even many of the times families want the death penalty to be abolished the reason we have to keep the death penalty here is because that's what murder victims' families what that's going to give them peace that's going to give them justice and we come in saying. not quite enough we've been through this this isn't the way. kind of fina

the jobs are gone all the coal miners are fed ex that was a laugh to see these people a survivor of a world disappearing before their eyes. i remember thinking when i was younger that if anything ever happened to the coal mines here that it would become a ghost town but i never thought in the million years i would see that and it's happened it's happened. i played for many clubs over the years so i know the game inside guides. football isn't only about what happens on the pitch for the final school it's about the passion from the fans it's the age of the super manager kill the narrowness and spend the two to twenty million a one player. it's an experience like nothing else not to because i want to share what i think of what i know about the beautiful guy a great so one more chance for. a nice minute. what does society do when someone commits a horrific act of violence. for centuries seeking justice was a community affair. and disproportionate blame fell on the poor mentally disabled and people of color. in the eighteen hundreds some capital offenses were targeted specifically at slave

the jobs are gone all the coal miners the fed ex. live to see these people the survivors of a world disappearing before their eyes. i remember thinking when i was younger that if anything ever happened to the coal mines here that it would become a ghost town but i never thought in a million years i would see that and it's happened it's happened. back to the world cup now which are away from the jubilance and festivities has seen a few dark moments but a place of opened an investigation into a group of england fans who were allegedly seeing giving nazi salutes in one of the host cities an associate joke in a report from london. but an unfortunate incident seems to have unraveled in one of the host cities of the world cup in volgograd where english fans were captured giving nazi salutes singing hitler songs as well as shouting nazi slogans and this is now being looked into now it's understood that this unraveled following the england game where england are two to one and these chants were reportedly addressed rivaling top football club

the jobs are gone all the coal miners a fed ex. live to see these people the survivors of a world disappearing before their own eyes. i remember thinking when i was younger that if anything ever happened to the coal mines here that it would become a ghost town but i never thought in a million years i would see that and it's happened it's happened. if. you feel. ill. and so see i played golf. i've played for many clubs over the years so i know the game inside out it's. football isn't only about what happens on the pitch for the final school it's about the passion from the fans it's the age of the super money killian erroneous and spending two hundred twenty million and one player. book it's an experience like nothing else not to because i want to share what i think of what i know about the beautiful game my great so well more transfer. and peace this minute. welcome back to the kaiser report imax keyser time now to turn to henry because of a streamer now first of all henry if i pronounce your last name correctly yeah that was pretty

just after the three days at the shell built in recent years so those are bright future ahead for fed ex maybe bush even involved at the time with the department you get the sense of when there are difficulties how did the community feel at that tape what was the impact on them when it was that he did have embraced . when the news broke. went into receivership there was a sense of loss it was like a a loss of a family member because everyone is so much preyed on passion about ship building and port law school and also that sense of accomplishment when you see the ship going going down in the in the stocks when it's been launched that trade is the it and i know that's something that's been used in the cd it's building programs that you've been doing that's what it comes up time and time again this tell you very much lives and bodies ship building and. it was a terrible period of time however. with the former foster. sam and setting up a task force to make sure that that ship building was once again with tom to the town and also to tell the truth although we're quite certain it was a huge

talking about here a lot of money wal-mart sits at number one at one point four billion then you have fed ex and half a billion bank of america wells fargo j.p. morgan chase state farm. these are all companies that we deal with even here in canada but we deal with a lot of these companies from this side of the border as well these a lot of these companies are international the biggest case that are the biggest payout so far has been thirty three million dollars that was against wal-mart and we're talking about eighty six thousand workers over a span of five years and that's how much money they got for this penalty nobody seems to be exempt here and i'm talking about these corporations and the fines themselves are they really working that is the. big question and that's what the study tried to look into are these fines a deterrent for these companies so that they stop doing this and it seems that it's just business as usual for them at this point because i don't know if it really works out this way because when you look at these places and they're making billions of dollars a year so this to

we know starbucks which cut same store guidances easily we know that fed ex-planes could be idled on the tarmac, the razor market, the shampoo market, can be hit we know machinery could see their sales loss to others even though i like them. honeywell, 3m and emerson, they have substantial business in china. and all of those stocks have been hurt though continue to get hurt for a little whaile as the trade war continues. but you need to know the truth as i have been telling you for ages judging by the queue for boeing planes. put it all together and i think the same goes for the u.s. economy, china needs us. more than we need them i am going to repeat that because nobody believes that in the mainstream media china needs us more than we need them it is "mad money" and stocks can go lower anyway. we just saw how easy it is to close zte. we are the winner. one wild card. well the chinese risk boycotting apple, that is a trillion dollar question more than 1 million chinese in some way work on apple's product. what is bad for apple is bad for the prc. the chinese economy depends on our ma

she said she was desperate to feed her family after losing her job as a manager at fed ex.> i struggled financially. i faced one of the worse situations of my life. i became involved in a drug conspiracy. >> the judge at her trial described johnson differently. describing her as a drug entrepreneur that directed thousands of pounds of cocaine from columbian suppliers while directing millions through distribution channels in memphis, shep. >> shepard: jonathan -- i want to hear more about this story. there's more online for viewers interested. sarah sanders to introduce mike pompeo, the secretary of state. let's listen. >> we have secretary pompeo here who will make brief opening remarks and take questions. the president has done a press conference today. we'll keep questioned limited to that and be around the rest of the day. with that, mr. secretary. >> yes, i'll take a couple questions. good afternoon. it's great to be joining you here today. early in this presidency, president trump made a commitment to address north korea, which has been a threat to our nation for far t

this isn't a fed-ex package lost in the mail. i mean, seriously.all news a week and then maybe have an update for you about what's going to happen to children? cal, thank you for that. keep up the good reporting and obviously it's not just there. across the country, hundreds of children still remain separated from their parents and in many cases it's solely red tape keeping families apart. i want to take a -- show you pictures. this is lydia souza. her son, souza in retention and released after the government said she did have a credible fear of persecution in brazil. but now more than two weeks later her son remains detained in chicago. jeff goldman is an immigration attorney in massachusetts and represents ms. souza. thank you for being with us. as i understand it lydia was released june 9th to join family me believes in massachusetts. it's the 25th. her son is held 1,000 miles from her. as best you can tell, why is she not reunited with her son? >> red tape. the government has changed the story many, many times on the process to release jojo. an

workers are unionized fed ex workers are not but now the century old delivery giant is trying to play catch up but it's paying a hefty price to the tune of twenty billion dollars over the next three years which will go to opening new automated facilities and technology upgrades the company says it plans to process all packages except larger ones or packages traveling a shorter distance through automated hubs by two thousand and twenty two meanwhile the company also faces competition from online retailer amazon which is building a delivery network of planes trucks and vans to handle more of its. on line orders according to the report profit margins at u.p.s. as domestic units fell to twelve point one percent last year from thirteen point five percent in two thousand and thirteen while the unit in this same period added more than six billion dollars in revenue which hit more than forty billion dollars last year investors accustomed to u.p.s. as low spending sent its stock tumbling in january after executives disclosed that they would increase capital outlays while u.p.s. plans to implem

current law treats packages coming in through private carriers like fed ex and u.p.s. differently than it does through the international mail system. private carriers are required to provide advanced electronic data on all in-bound packages while the same is not true for shipments handled by the united states postal service in the international mail system. this data includes three primary pieces of information where the package is from, where it's going to and what's in it. this is actionable data thatening enables to target high-risk shipments for seizure. officials will tell you this is all about finding a needle in a heystack and this information provides the law enforcement the tools they need, the information they need to interdict and seize these illegal packages. this is what my bill would do. it would require the united states postal service to obtain a.e.d. on all international mail shipments by 2020 so the united states customs and border protection can target suspicious packages and other dangerous shipments and requires the postal service to ramp up 70% co

fed's balance sheet. looking to raise the heomc at interest on ex reserves by only 20 basis points at the next meeting. do you think, perhaps, they'regd about some of the tightening in money markets here and that's going to affect the way they construct these rate hikes in the future >> yeah, i think that is what they have concluded from the drifting up of the effective funds rate inside that 25 basis point band we've been moving towards the top end of the range, and they would like to be closer to the middle of the range, so they're trying use their tools the interest rate on excess reserves is a tool to lessen that and move the funds rate back into the middle of the band, so it's a technical issue, though. this is not a monetary policy issue. this is an implementation issue. it doesn't carry any significance for what the overall monetary policy plans are. >> or the balance sheet reduction. >> i don't think it means anything for the balance sheet reduction. >> one more question, trade wars, trade narratives, trade diussions that are going on. clearly, there are a lot of questions for investors right n

fed officials say their contacts in industry are telling them it's causing some to question cap ex alreadyerns about changes in trade policy are arising, i think it's fair to say and also you're beginning to hear reports of companies holding off on making investments in hiring people >> and an interview this morning on squawk box, president trump's top economic adviser kevin hasset agreed tariffs have boosted uncertainty. >> we're in a period of uncertainty, and that period of uncertainty is visible in some places you can see it in lumber prices and steel prices and so on but the president's long-run object sieive is one all would share. think about the barriers in china. china is stealing more than $100 billion a year worth of our intellectual property. >> daniel ikenson in a back of the envelope calculation says if the president follows through on recent threats and imposes more tariffs on autos and auto parts which would raise the total to $800 billion, the extra profits from the corporate tax cuts could be entirely wiped out for the manufacturing sector carl >>. >> steve, it's michelle

fed. (vicky) tesla is suing a former employee because they believe he leaked stolen data to the media. the electric car company is alleging martin tripp... an exnevada battery factory... hacked into their computer system and sent photographs detailing tesla's finances and battery manufacturing. the lawsuit also says tripp sent false information about the batteries used in the model 3 cars. tesla wants money damages and an order stopping tripp from being able to get more... or disclose more information. (anchor) taking a live look outside-- overlooking downtown san francisco. (anchor) time now to check on our weather... with chief meteorologist lawrence karnow. lawrence karnow: this is the last full day of spring but it seemed more like sumnmer with patchy coastal fog and sunshine elsewhere. it's breezy again and more fog will move back along the coast and bay. you can see a few thunderstorms to the north on doppler radar. but on the satellite image you can see as high pressure builds in startinig thursday the temperatures start to warm up. by friday the winds turn offshore and sends temperatures soaring near 100 degrees into the weekend. tomor

fed. we think there will be only three hikes this year. but that is sort of an ex-post factor thing >> are you buying in right now on the weakness? >> we think you could fall back to the 200 day moving average in the s&p 500. so we're not necessarily in a rush to buy here >> we track every fed speech and the tone of the speech and we've seen -- the fed is more hawkish now than they have been in several months so i think that is the bigger concern for the market we've been down nine out of ten days since the fed meeting >> i have a very basic question. i got an e-mail yesterday from my mother-in-law she sees the market going down she says what is going on and what aim suppom i supposed to dt it what is the answer >> we talked about the end of month rotation, half of the year is basically over right now. so when you look at what has worked, you said that the things that have worked have been sold off more than the things that haven't worked do you think once we start on the back half of the year that it is the set it and forget it again where the large cap tech names

of you and your ex, it -- itt mean that you are is called a normalization in relations, if you will. markets are meandering, the nikkei 225 and the asx 200 art meandering ahead of the fedin india is right at about the 5% level. the r.b.i. a bit above, and the u.s. two-year yields, that is essentially what would happen if you get a rate hike priced in. brent will be interesting of the next few weeks. russia is now said to be planning to ask opec and friends to start ramping up production back to october 2016 levels. there is also the other part of their oil story where if you look internally within oh, there seems to be some level of disagreement on where demand really goes from here and how much yually need to pump into the sector in the second half of this year. one stock we are watching out for that is not. trading yet is over in australia you see the headline right there, li ka-shing with a big deal. $11 a pop is the offer. eight dollarss at seven,. about a 30% premium back to central banks, two things you want to note, there is room for market moves. just because we get a rate hike priced income a it is not about that, it is about what they say, their projection ec

we have yet to see the cap ex pick up that we're expecting all of this when it filters through the system pours more fuel on the fire of the u.s. economy. that causes the fedore times this year and maybe three to four times next year as well >> so i disagree with that i actually think that a lot of that money, a lot of that stimulus is going to find its way overseas we saw that in 2003 with the george w. bush tax cut where we saw the current account surpluses of the emerging markets go up significantly. we did not see significant inflation in the united states, except in the housing market what ends up happening is a lot of this stimulus we go out and consume, businesses consume, consumers consume. we consume from the emerging markets. big increases in their current account surpluses. that money gets invested back in the united states in u.s. treasuries, stabilizes the dollar not a lot of inflation fed can back off good time for emerging markets reasonably good time for the united states. >> what you didn't mention is we've got an escalating trade spat with some of our closest trading partners and we're in a world of america first where the president is ap

the jobs are gone all the polis the fed ex. love to see these people the survivors of disappearing before their eyes. i remember thinking when i was younger that if anything ever happened to the coal mines here that it would become a ghost town but i never thought in a million years i would see that and it's happened it's happened. yeah welcome to all of us today we're here at park hyatt hotel and we'll be talking to nicole question yand the prime minister. who visited thought she months ago and is now in the russian capital welcome to moscow mr persian yen. thank you very much . i'd like to start by asking you this since you're visiting russia does that mean those who feared our countries would grow apart were wrong. yes of course even now many people say so and there are many publications in the russian media where authors don't seem to quite grasp what's happened and what is happening in armenia there are forces who want to paint it in a different light they want to make it look like anti russian political forces have come t