the arrival of the billionaire entrepreneur was not good news for heinz employees. see the frogs in the book it's the end of an era in lemon tart after more than one hundred years the heinz plant has sold at century old factory today hundreds of heinz employees are know out of a job. i met with some of the people who were laid off after the takeover. in leamington a town with a population of twenty eight thousand nearly one thousand people lost their jobs when the catch up giant decided to close its largest planted in north america. a year later half are still unemployed that's the twenty year service award that you got x. yes i mean that's when you order very nice it was very nice road and then i got out of the stay there but the cost is higher here leaving town no one expected that a man whose fortune is estimated at seventy three billion dollars would close the factory couple things i've always heard was heinz will never close down people people need food and they'll never be a tornado here two thousand and ten there was a tornado in two thousand and fourteen hei

how did heinz become the world's number one catch up almost one hundred fifty years ago . henry john heinz was the first to make catch up a mass consumer product his slogan was our field. the world. the son of german immigrants heinz sold horseradish jam meats pickles condiments and catch up. a puritan who was obsessed with hygiene heintz used clear glass for his bottles. this pledge of transparency and quality helped him gain the confidence of consumers. want as a catalyst i mean it was a it was a pure terror that was all about. money and marketing treated his people well but the end result was he wanted to make money. in twenty thirteen the heights company was bought by warren buffett for twenty three billion dollars. it was the largest takeover in the history of the ip food industry. at. the arrival of the billionaire entrepreneur was not good news for heintz employees . say the phrase in the book it's the end of an era in lemington after more than one hundred years the heinz plant has sold at century old factory today hundreds of heinz employees are now out of a job. i

but not all farmers think the new swiss cow is the future heinz maya prefers high performance cattle. this cow is being dolled up for an auction a young cow with huge potential. little she has often tested and with perfectly placed heats she's a deal for a fully automated stable said milking systems a mouth machine mrs heinz maya is picking out the animals for his next auction among them is penny at one meter sixty five she's around twenty centimeters taller than the cow. as on the organic farm she also produces about a third more milk. he's president of her personally i don't have the feeling that we need to new invention. but it seems the future will belong to smaller and slighter cows a recent study shows that in switzerland pasture feeding is more canonical than indoor housing. not only that but those beautiful swiss meadows will make for much happier cows and out as well. that's all for this edition of focus on europe i'm bryan thomas for the entire team thanks so much for being with us and if you'd like to see any of our reports again just go to our own page at www dot com or vi

not if you ask the heinz catsup company.ffered the quarterback a lifetime supply if he can give 57 touchdowns this season. >> it's okay to put catsup on a burger. why is it not okay on steak? >> because steak meat is better quality than burger meat. >> that's what i was going to say. >> he's just grumpy this morning. >> not at all. it's a lengitimate question. i have a legitimate question about the burger heinz meat combo relationship. well, whatever. hopefully he gets the record and heinz for the rest of his life. >> 57 touchdowns would be awesome. >>> still ahead, republicans are battling it out over robert mueller. what top gop senators have to say about a bipartisan bill to protect the special counsel's investigation. >>> saudi arabia appears to shift the story about jamal kashoggi's killing. what the country is now saying about the incident. ng what the country is now saying about the incident ♪ the united states postal service makes more holiday deliveries to homes than anyone else in the country. ♪ with one notable ex

some epic mergers so when bud slashed its dividend, that was a yellow flag for kraft heinz.million shares in august that's not a very confident sign second, the company has a lot of debt, $32 billion, which is substantial for a $65 billion company. worst, kraft heinz has $3 billion in debt due this year and they repaid it by borrowing more money and doing that in the future will get increasingly expensive if the interest rates keep rising and we're seeing a shift away from core products in center of the aisle of the supermarket. that's where the millennials don't go natural, organic, the stuff is not. the bottom line, there is no such thing as a large dividend you can take for granted just like we saw with bud and g.e., a hideous balance sheet and slowing fundamentals are a toxic grow burrough that can put your dividend in danger. if you want income, watch for that, or you might just get burned let's take questions. >> hello i'm private first class toni walker from lakehurst, new jersey >> i hope you enjoyed the show my friend stephanie link said she had a great time. >> my

but not all farmers think the new swiss cow is the future heinz maya prefers high performance cattle. this cow is being dolled up for an auction a young cow with huge potential. little she hasn't been tested and with perfectly placed teats she's a deal for a fully automated stable said milking systems a mouth amount. heinz maya is picking out the animals for his next auction among them is penny at one meter sixty five she's around twenty centimeters taller than the cow. as on the organic farm she also produces about a third more milk. preserved her certainly i don't have the feeling that we need to new invention. but it seems the future will belong to smaller and slighter cows a recent study shows that in switzerland pasture feeding is more canonical than indoor housing. not only that but those beautiful swiss meadows will make for much happier cows about as well. that's all for this edition of focus on europe i'm brian thomas for the entire team thanks so much for being with us and if you'd like to see any of our reports again just go to our own page at g.w. dot com or visit our face

but to testify against heinz. so when eunice was prosecuting gangsters partly because it was popular because the residents of harlem were employed in the great hall of fame. so now just wait one minute. . >> i am more interested about your grandmother when how old you were when you knew her or your grandfather. >> so my grandpa died when i was in high school i didn't know any of these stories because my grandfather had died he was a dentist in harlem and they met in the 19 twenties and she was involved in designing and creating a free dental clinic in harlem that appears to be when they met. they had a troubled marriage. he was quite the philanderer. and i told you about eunice's mother addie first came to prominence in the late 19th century on the duties of black motherhood and she preached the future of the race was dependent upon black women basically staying home to raise children that he never stayed home she was out doing speeches and preaching about marital stability. because there was a duty to the race no

heinz is of particular interest to investors because the company has already warned that rising tradetom line. the maker of everything from hobnobs to walkers crisps to oreos to ketchup has said that rising input costs in addition to those tariffs could hurt its profitability. it has already said it plans to sell off some of its india business so investors will be curious to see what the company's plans are going forward to try and mitigate these rising trade risks. that is came in new york. joining us isjeremy stretch, head of currency strategy at cibc world markets. quite a lot going on. let's talk about the pound. give us your take on thejump on reports of about the pound. give us your take on the jump on reports of a breakthrough. we have had two reports of potential breakthroughs in the last 24 hours, both of which have provided stimulus to stirling. one was the letter from the brexit secretary regarding a deal being done. now we have this times newspaper report regarding a deal in the financial sector, allowing the facilitation of business between uk banks into europe. it is ver

kraft heinz's saving grace is cheez whiz what else? take two interactive has pricing power. their newest game red dead redemption 2 raked in $725 million this past weekend, which is the second biggest launch in video game history right after take two's last major title. but kimberly-clark is having trouble taking price in its diaper business. the company is being beaten to a pulp, pun intended, by private label diapers, especially in china. so take two's got it, and then, boom, kimberly does ntsds. the latest quarter from starbucks this morning, it reveals they can take price. in fact the price of coffee seems pretty elastic in this company. that's a big reason why the stock is flying. had a big move today i think starbucks even after this day has a lot more room to run. then there's facebook. for all the sturm and drang about the ridiculously bad behavior management has, facebook has pricing power because it reaches a key demographic. they want to get you while you're still young and impressionable, which is something newspapers and magazines don't really offer anymore. how

trash floating off the coast of california is ocean cleanup system is like a garbage truck for the heinz easy to maneuver is not without its risks and will his mission succeed. tomorrow today next on w. . trenton the conflict zone with tim sebastian. i'll be challenging those in power asking tough questions demanding on. trucks as conflicts intensify i'll be meeting with keep players on the ground in the sciences and. coaching through the rhetoric holding the council to. account facts the conflicts. conflict zone between sebastian kong t.w.x. . make your smart t.v. the smart or the d w for smart. sunday morning w dot com smart. to me the technology of digital advances are transforming the wall. you seem to be ready for it. the second season of our documentary series founders valid. join german founders of the show as they explore our digital future. sally starts november twenty fourth on v w. hello and welcome to tomorrow today the science show on d w. coming up. breastfeeding nursing doesn't just protect babies but mothers this well. motivating teacher from gemini.

here is the three month picture of kraft-heinz. it has fallen precipitously from the 60s.-dollar buyback, berkshire double quarterly profits it announced last saturday, what does it say about the economy and more interestingly the benefit of what to buy, what is overvalued? dennis gartman, publisher of the daily gartman letter. what is your takeaway of warren buffett spending a nearly a billion dollars buying back his own stock because he probably doesn't see much out there? >> i was surprised as many people were he railed against insider buying, buying back of company's own stock for years and years. it is something i was very surprised when i read it over the weekend. it is indicative mr. buffett is saying that there is no place he can go to find value. suggesting a peak in stock prices but not a buying opportunity. i was surprised and many were also. connell: the -- liz: the stoke is at $327,000 because it has not split. he won't split. disinclined to pay a dividend. he says take the cash pile to buy other things. what is overvalued that buffett says it overvalued? >> t

now from the democratic point of view i want to bring in connecticut congressman jim heinz.s the chairman of the new democrat coalition and he sits on the house intelligence committee good to see you sir welcome. >> hi, trish. trish: so what do you think what should we be doing right now at the southern border as we watch thousands trying to pour in and thousands more trying to seek asylum hopefully the right way. >> yeah, well, that's exactly the right question to ask, and you know, i think most people understand that if you've got a problem, probably the smart way to solve the problem is to go to the root cause of that problem, and so look, i don't get too excited about whether there are american judges on the mexican side of the border determining the validity of asylum claims or whether it happens on the other side of the border. the reality is we don't have a national security crisis around asylum seekers we've never had an act of fatal violence committed by an asylum seeker, these are people who may or may not be fleeing danger and violence. but my point is -- trish: d

kraft heinz downgraded to negative from neutral at the analyst citing less confidence is management pan downare downward earning rns are likely. the price target $47. the stock fell 9% to $50.73. and miebl kors was upgraded to boy at ubs the company cited the strong brands. provides target $80. the stock rose 5%o 58.29. >>> still ahead, help wanted. the construction industry isg. boomin but where are all of the builders? t >> construction industry added 30,000 jobs last month. biggest one of th drivers of that strong employment report. but even with the latest gains, the industry is still facing thousandstages with of positions left unfilled. kateer r is in baltimore for us toght. >> reporter: the construction industry isbooming, adding some 330,000 jobs this year alone. but experts say there are still nearly half a million open jobs waiting to be filled. these big numbers mean bigs opportunitie for baltimore'sge eu jouers after completing a local program called project jump start training and placing baltimore residents in construction jobs, jouers works in a job he enjoys that pays we

. >> heinz tweeted him offering him free ketchup for life if he throws 57 touchdowns this season.'s thrown 31. >> you put ketchup on what? >> i don't. >> he goes to costco and gets the -- >> dijon please. >> we'll be right back. this is a fight. not to the finish. but to the beginning. a fight that can only be won, if we stand together for one cause. him. expert care for every new beginning. well, it's a whole day's worth of love songs. or 300 minutes of baby videos. a gig goes a long way. that's why xfinity mobile lets you pay for data one gig at a time. and with millions of wifi hotspots included, you'll pay even less for data. or if you need a lot we have unlimited too. plus, get $200 back when you buy a new smart phone. it's simple, easy, awesome. click, call or visit a store today. >>> an unexpected inconvenience due to the smoke in the air. >> apparently some facial hair styles are not conducive to the facial masks people need to wear, so the centers for disease control released this animation showing how the beards keep the mask from fully sealing off the air. several men t

taking a live look at heinz field. this is a highly anticipated matchup. >> for more on the game, two teams will face up on the field not long from now. for more on this matchup, jason is here. what you expect? we are past the midway point so now it's starting to get real for the contenders. and, both of these teams are contenders. this is a pretty good matchup but there are plenty of stars tonight. then it starts with the quarterback, ben roethlisberger for the steelers, cam newton for the panthers. newton's biggest weapon is stanford running back christian mccaffrey. he is becoming a bona fide star. look at this hurdle. one of the most athletic players in the league. we are going to show this to you again. he led the panthers in receiving and rushing, and hurtling in the win last week over tampa bay. but a big test tonight in a red- hot pittsburgh team. he was asked if they prepare any differently on a short week. >> you know, either way when we are playing thursday or sunday, we approach it the same way. anytime we

think really highly of heinz you know the catch up company when they introduce they brought to marketthat product mayo chop you know manny's and catch up together it hasn't helped their stock much but they did finally get it out there author of bet the farm how food stop being food fred kaufman thank you so much fred great to see you great to see you bart. and time now for a quick break but hang here because when we return we'll talk about apple's claims before the supreme court and if you like an i phone equivalent for nearly a thousand dollars less andre barlow and steve walz further standing by to discuss plus our chief producer saya tavenner will join us to look at global oil in light of that upcoming g. twenty meeting we told you about in the opec meeting next week in vienna and here are the numbers back in a flash. and . i'm one of them and i threw my she might then send it out by you know when the news we're buddies. both. of them when i should have been asked. to put them to i don't want. as many as. you know that the community yeah kind of whom he could feel that he had a tic

earnings also weighing on kraft heinz. a tough quarter. on to oil, the five days for oil, falls every single day this week. also down for four straight weeks. if you look at the performance on a weekly basis throughout 2018, you are seeing weeks of declines outweigh the number of weeks with gains. david: thank you, emma chandra. four days until the midterm elections. we talked to a democrat and partyican about what each is counting on to make the difference. this is bloomberg. ♪ e. this is bloomberg. ♪ david: it is balance of power on bloomberg television. i'm david westin. mark crumpton has first word news. secretary of state mike pompeo says eight governments will get temporary waivers from u.s. sanctions on the import of iranian crude but no european union nations are among them. the countries receiving exemptions have said they will move toward reducing oil imports from iran to zero. treasury secretary steven mnuchin says the u.s. is intent on stopping global funds from coppers.nto tehran's the sanctions go back into effect monday. the

senator heinz had 26. hour senator casey has four. in fact, the report card is so bad voted one of the least effective senators not once but twice. it's amazing to support the bill with another $12000 on top of the $15000 limit and then to put another 12000 belt. casey: it is interesting to see those numbers at least 45 bills that are enacted into law that have far-reaching effect. i asked that the congressman just between the two of us with the new administration and claims to work on a number of fronts but here we have legislation that i have passed and with grandparents who are raising a child of the opioid crisis but now that is the law of the land. that is signed into law. so in the recent past by president trump. >> and you respond to the question what you have done? . >> i have saved four. $4 billion in the private sector to shrink the federal footprint. but the proudest thing that i did bill who had a little girl that has cystic fibrosis and she was going to be denied a lung transplant because she was ten years old and not 12.

kraft heinz having a majorly difficult day in the s&p, dow 9%. some good stories out there.this is bloomberg. ♪ >> from bloomberg world headquarters in new york, i'm david westin. this is where the world of politics meets the world of business. carl riccadonna on continuing jobs and weight growth. from washington, president trump's willingness to move on trade disputes. and tina davis on reports of relief coming for some countries on those iran sanctions. let's start with carl riccadonna and those jobs numbers. better than expected, you say not to overreact. >> we have to the october gains in context of what happened in september as well. september was revised lower. we can see there was definitely a hurricane impact in a data in september and also october. october was a payback from hurricane florence, also a negative impact from hurricane matthew. we are hearing a lot of noise, we have to take a step back and look at a broader trend. when we do that, we can see an economy that looks pretty decent, pretty

. >>> shares of kraft heinz are under pressure earnings missing forecasts rising commodity costs andricing promotions overshadowed higher than expected sales it's down 6%. >>> shake shack's earnings beat forecasts but same-store sales fell shy of estimates. it's down 3.3% >>> we are also watching shares of caesars, the casino is on the hunt for a new chief executive contessa brewer has more on that >>> caesars entertainment ceo mark frissora is leaving the company. it's been more than a year since it has emerged and the improved margins has it still facing the same challenges in la las vegas, slow group bookings and a slower event calendar it is off nearly 25% year-to-date and it is the target of speculation about a takeover caesars confirmed yesterday it has rejected a proposal from tillman fritita. it missed on revenue, lifted the outlook for las vegas in the fourth quarter with improvement in group bookings into 2019. the stock is up 10%, almost 11%. his contract ends in february. >> contessa, thank you very much for that see you later in the toe. >>> looking at the day ahead, we'

like it just fine let's go to lionel in california >> caller: let's put some gray poupon on kraft heinzercent net margins, 50% off its high what is not to love? >> besides the fact there is no growth whatsoever. if you want to hope that they somehow manage to get some growth, you can buy it but if i want no growth, i want safety and i want a bond how about elaine in california elaine >> caller: hi, jim i wanted to talk to you about chico's? >> don't ask about chico's that was a horrible quarter. obviously there's sears and jcpenney, but it was a bad call. i don't want you in that, okay let's go to mikey in new york. mikey! >> caller: cramer, what's going on go, birds. >> go, birds >> caller: the company i wanted to ask you about, the brazilian payment companies. i want to know your opinion on how you think they'll perform in the short term >> i don't know stoneco, i know p paypal, i know mastercard, i know visa, i know global i don't know that one. i'll have to come back let's go to dave in california dave >> caller: hey, jim, you have the nicest staff in the world. >> the best. the bes

he could face up to 50 years in prison >>> if you have duncan heinz cake mix in your pantry the fda issued voluntary recall due to a possible salmonella outbreak. four types of cake makes are affected check with the fda for specific details. >>> nasa reached a milestone in their mission to touch the sun the parker solar probe came within 15 million miles of the sun's surface, that's a new record for the closest solar approach the spacecraft is flying at about 3. 15 mile million miles >> phillip, thank you very much. >>> coming up, lego's big lawsuit. the toy company taking on chinese copycats in court and whipping. >>> and samsung's new smartphone the company hinting at a different kind of device that you can easily put in your pocket because you can move it around we'll tell you that story. stick around. >>> the midterm elections officially under way what every investor needs to know about the likely outcomes and how they matter. >>> u.s. stock futures lower traders awaiting the results of today's political contest. >>> and is this a smartphone game changer samsung teasing the launch of w

the controversy is one of the owners that donated to mississippi senator cindy heinz smith. she said she would be on the front row if she was invited to a public hanging. many called that remark racist. the senator later apologized. dr. edwards tweeted this. as a people, nation, we must not accept or support illusions characteriza therein lies the path to soe supreme court will hear an anti-trust lawsuit over the sale of iphone apps. consumers said that apple monopolized the market. >>> time is 6:57. tesla ceo, tesla ceo elon musk speaking out how tesla almost went out of business earlier this year. the car company was win single digit weeks of lying. tesla was, quote, bleeding money like crazy r he was trying to meet the goal of producing 5,000 model sedans a week by the end of june. he was working 22 hours days, 7 days a week and literally sleeping on the floor of the factory. >>> ralph ii nominated at the movie box office this weekend. ralph debuted about $55 million. the second best thanksgiving opening ever for a movie, right behind another disney movie, frozen. ralph b

. >>> kraft heinz sales are hurt by rising costs and costs of promotions. stay on the markets. john lynch. lpl chief investment strategist. looks like we have a november rebound. will it hold for the whole month? >> stuart, good morning. thank you for having me on. we had a nice day, tuesday, wednesday and thursday, rather, looks like we're giving up some of the gains. we have seasonal trends behind us. first quarter second quarter, third quarter, tend to be the three strongest quarters of the 16 quarter presidential cycle. we have a tailwind. people are concerned about tuesday and tech revenue growth. we need investors need to focus on solid gdp growth domestically. 3% globally. and profit growth. stuart: nail this down, item by item? are we getting a rebound in november? >> i think we will get a rebound in november. stuart: okay. >> you look what's happened over the last four or five months. the administration decided not to fight a multifront trade war. we saw gains of seven or 8% in the market. s&p 500 in the third quarter, up fortunately as concerns ov

. ♪ >> sean: heinz 57's the best, man. american repertoire. >> anthony: what the -- really? >> sean: you want to talk shit about it. this is -- this is sauce work. trust me, this is gonna change your life. >> anthony: now that's wrong, man, come on. >> sean: mm. this is a brilliant human being who had a recipe. it was amazing and he got a bad rap. >> anthony: you're talking about like ronald mcdonald. "he had a good idea." no, you're wrong. i'm sorry. here's where we part ways, my friend. here's my sauce. after a few bites of waffle, a burger, a hunk of generic t-bone and some hash browns, one feels drawn right to the center of what makes our country great. an america " -- yeah" moment that drives me to clamber up on the counter and start reciting walt whitman, "the star-spangled banner," "oh say can you see," and you know what, i doubt i'd be the first. oh my god. >> sean: give me a break. >> anthony: the umami happening here. >> sean: yes, yeah give me a break. >> anthony: you know what umami means in japanese, actually?

. >> just before air time i spoke with democratic congressman jim heinz of connecticut, a member of thelligence committee. >> after months and months of saying he is happy to sit down with the special counsel, now an about face from the president says he probably won't. did you ever really believe that he wanted to, though? >> i believe he wanted to. whether he was going to be permitted to do so is a totally different question. my guess is that from the very beginning president trump's lawyers were telling him he had no business going in front of the special counsel and hence we are where we are. there has always been different versions of this. bill clinton testified and now we have written questions. we'll see where it goes from here. >> kellyanne conway claimed that the president is not afraid to sit down with mueller. he just doesn't believe it is necessary. is that really true here? do you think that it is important or would be important to hear what the president has to say? >> what is important is that there is a mechanism for the special counsel to ask the president whatever que

in that same year he received the john heinz award for gratis public-service by an elected or appointed official. through most of the 1990's he asked in the private sector chief executive officer of the halliburton company in dallas, texas. from 2001 to 2009 he served two terms as vice president of the united states along with president george w. bush. he was best known for his involvement in national security matters following the terrorist attacks of september 11, 2001. playing an important role on the administration's response to the attacks and coordination of the global war on terrorism. today he and his wife live in wyoming. they have two dollars -- dollars and seven children. vicee join me in welcoming president dick cheney. [applause] >> i'm very honored and privileged to introduce a school leon panetta of law graduate. secretary panetta began his long in the stringers test distinguished career in 1960 four as a first lieutenant and the united states army. upon discharge went to work in washington as a legislative assistant to united states senate majority john of california. in

we have congressman heinz who served on the house committee. >> good morning. >> the president pressed white house counsel and ag about prosecuting his political adversaries? >> it has been said already on the show. this is a president who doesn't understand that the government, that foreign countries, that everybody doesn't exist to serve him like some kind of mid evil king. it's a deeply concerning thing. i think i heard the phrase banana republic. this is the kind of thing we used to criticize other countries for doing. the ultimate irony here, and we forget this, the president is outraged at jim comey because jim comey did not promise to be loyal to him like some kind of mid evil king, and there's a strong argument to be made that comey's decisions to go public with the hillary clinton investigation, but not to go public with the donald trump investigation quite possibly made donald trump president of the united states. this is just one of those things where you head can't spin fast enough? >> i think the concern for many people is what will the president do now. according to the n

and kraft heinz bottle half empty today, shares hitting a new record low rounding out the bottom of thefter the consumer staple giant failed to deliver on projections. those shares down nearly 10%. one consumer name shining at this hour, elmer glue, one of the big winners after raising its outlook. third quarter earnings soaring past expectations and increased sales across all business segments. shares on track for their best day since february. they are up 16% at this hour. could the era of the iphone be on its last leg? liz is cutting to the core of apple's decision to keep its iphone sales under wrap, next. a business owner always goes beyond what people expect. that's why we built the nation's largest gig-speed network along with complete reliability. then went beyond. beyond clumsy dials-in's and pins. to one-touch conference calls. beyond traditional tv. to tv on any device. beyond low-res surveillance video. to crystal clear hd video monitoring from anywhere. gig-fueled apps that exceed expectations. comcast business. beyond fast. i just got my ancestrydna results: 74% italian. a

pattern repeated itself when dewey became district attorney of new york, decided to go after jimmy heinz, the most powerful politician in the state of new york and it was the same thing, she did the research and got people to turn to try the case. i am not saying she was ungrateful to her and when he became da he appointed her to head the special sessions bureau in the da's office where they gleefully report she was supervising 71 white mail lawyers so she had a career as a prostitute and very successful one. i will tell you one other related story and draw a couple conclusions. her younger brother is alfieus, and their parents believed in education and both were phenomenally well -- in very different ways. eunice became a very prominent republican. this is a time most black people voted republican and the republican party was the party of civil rights in the 30s and 40s of the democratic party most emphatically wasn't. you have to get the players straight. she was heavily involved with political campaigns, and he cited eunice as evidence he was not prejudiced. he looked to this woman, h

heinz has offered the chiefs qb, pat mahomes, free ketchup for life.7 touchdown passes. he has 31 through ten games. he needs to average just over three touchdowns per game to get free catketchup. that's incentive. >> i know, for you, free ketchup for life is -- >> do the fries come with it? >> no, you have to go to mcdonald's for that. >> how about bubba watson? how good is that? >> well, the touch. >> thanks, larry. >>> join us tonight on kofy tv 20, cable channel 713 and right here for "abc 7 news" at 11:00. the bad air is sticking around and tonight we will show you what is happening in each region of the bay area. we will break it down and take you around the bay area to show you more specifically what is going on. >> on "abc 7 news" at 11:00, hazardous air conditions in the south bay, how it is impacting some big holiday events. . christmas in the park. coming up tonight on abc 7 at 8:00 it is fresh off the boat followed by "speechless." then at 9:00, "child support" followed by "20/20" at 10 and "abc 7 news" at 11:00. >>> a few thoughts about wh

have brought in retaliatory tariffs that means canadian consumers are paying more for bourbon, for heinz ketchup, for a broad range of things because we had to retaliate. but we would much rather have genuine free trade with the united states. we're going to work as soon as we can to lift the tariffs. but we're not at the point of saying that we wouldn't sign if it wasn't -- if it wasn't lifted, although we're trying to make that case. >> but mr. prime minister, some see this as the moment of l leverage before the potential signing date, before there's a new mexican government in power. this is your moment where you could say, mr. president, if you don't lift these steel and aluminum tariffs, we're not going to sign it. any chance that happens? >> one of the things that served me very well through the 13 months of negotiations over the new nafta was that i don't negotiate in public. we have strong conversations in private, and we get to the right outcome for everyone. >> one fascinating thing that you have spoken about is the greatest lesson you learned from your father, the former prime

it's the people that make heinz ketchup are the ones that could rich.e are not a finite isis the tomato growers. licensed-- finite tomato growers. craig: if we ever got federal legalization in the u.s., maybe growing the plants will not be the place to be. it is such early days and we will have an early window. caroline: it was an incredible story on the bloomberg showing some some almond vehicle companies will benefit. craig: you heard stories out of colorado with guys driving around with $200,000 of cash in a trunk. in u.s., the industry is not bank. and canada you see how this plays out when the federal prohibition goes away. caroline: talking about money, looking at what the analysts are saying, when you look at gm -,- em, we are expecting a 250,000 growth from canopy. that will continue for the next year or so. we will see $1 billion or so in revenue. how much is that got legal risk baked into it? craig: that's a great question. that stems in the canadian market. the big question is how does this look outside of canada? these canadian companies mad

the opportunity to improve operations as well as a potential combination with a company like kraft/heinz the stock is no longer pricing in the potential for a combination there. the boards are more receptive. he believes that opportunity has since passed and so they decided to exit the mondelez investment, that the company does well, and was tied up in that investment. >> we'll be back with you in a little bit to another stock it plays andrew right into the conversation of tech names that have gotten crushed and that is snap it's down 46.5% over three months i would expect you to say i'm short because this, that, and the other thing and you're actually long. how? why? >> i can't help myself >> make the case for snap. >> going back to the facebook and going back to shopping on facebook and commerce on facebook, and i just wish evan spiegel didn't say he's going to stay private before that i thought it was a no-brainer purchase for amazon to go ahead and incorporate. you have 180 million new customers. you put yourself in right there. integrate the visual search and the visual commerce tha

excitement that there is for a general election so both sides have pulled out the stops and cindy heinz smith whose headquarters i am at the moment right now she got donald trump to come here for two visits on the eve of election day to generate excitement which he did he was he's very popular in this state he won by eighteen percentage points in two thousand and sixteen and then president barack obama came out for mike espy in a series of robo calls these are recorded calls that go out to voters of both sides have really pulled out the stops and we will know in a matter of hours or we should unless it gets very close whether mike espy has pulled off a historic win here or whether it goes to cindy hyde smith the republican which is the way things generally go here in mississippi. is to make a race of it against the favorite. well daryn this is generally not hospitable territory for a democrat they have not had a democrat wins statewide office here in mississippi since one thousand nine hundred eighty two and they haven't had an african-american win in this senate since reconstruction af

senator john heinz awardd for greatest public service by an elected or aa pointed official. through motive theer 199, vice president cheney worked in the private sector as chief executive officer of the halliburton company in dallas, texas. then from 2001-2009 he served two terms as vice president of the united states along with president george w.ic bush. he was best known her his involvement in -- for his involvement in national security matters following the terrorist attacks of september 11th, 2001. playing an important role in the administration's response to the attacks and the coordination of the global war on terrorism. today he and his wife lynne live in wyoming. they have two daughters and seven grandchildren. please join me in welcoming vice president dick cheney. [applause] i'm also very honored and privileged to introduce secretary leon panetta. a monterey native and santa clara university school of law graduate, secretary a panetta began his long and distinguished public service career in 1964 as a first lieutenant in the united states army. and upon discharge,

for 60% of the downward movement in the nasdaq you had others as well among the biggest movers kraft heinzstarbucks with a new high today as it was fairly chipper there >> seems they are doing well >> for 8 bucks what do you expect >>> cud low shooting an interview right here on cnbc >> we are doing a normal routine run through of things we have already put together and normal preparation. there is no huge thing we are not on the cusp of a deal >> i spoke with him yesterday. they very much want to make a deal i think it will be a very fair deal for everybody it will be a good deal for the united states. >> joining us now to discuss today's volatile is russ how are the -- how long it will last given sort of volatile comments that move from the white house. >> i am not under the assumption in a matter of days. i think it will be a prolonged issue. when you layer on tighter conditions it isn't a mystery why it is picked up in the back half of the year >> so what do you expect do you expect more of the same then will it be a volatile next couple of months or will it take that back off of the t

. >>> duncan heinze is recalling cake mix because of salmonella concerns.ts that five people are being treated for salmonella. duncan hines found the bacteria in the white cake mix. they are recalling three other cake mixes, classic butter golden and signature confetti and classic yellow. the recalled boxes have best if used by dates of march of 2019. >>> one of the two winners of last month's $688 million powerball jackpot came forward and claimed her money. her name is lorraine west. she bought one of the two ticks for the game played october 27th. so she'll get $198 million before taxes. she thought they put the ticket in her purse. but then realized they dropped on the floor of her sister's truck. >> it took me a minute to figure out that i won. i said to my sister, get that ticket and get in your truck and get up here now and drive slow. and drive slow and keep the windows up too. west said that her life has changed forever. she has planned for some of the money. shelby a new car and set up a charity in memory of her grandson and make responsible decis

cookie and crackers business. .e are seeing a reaction among the companies eyeing this business, kraft heinzuld see a bit of a reaction there in cpd. this is bloomberg. >> it is time for social climbers. the stocks making waves on social media today. you can find all the names on bsp go. and after missing fourth-quarter forecast, the company has missed since october. you have games including call of gamerslling short while were underwhelmed with the release of diablo. >> two of the world's most valuable companies striking a deal. , butn will begin selling you will see both companies stocks moving lower in my with the broader market. , strongne shopping sales of u.s. goods despite a trade war. event next week. >> thank you. in june of 2019 court tv will spin out the dow dupont as a standalone agricultural company. recently withwn ed hammond and highlighted the growing role. >> when i think about what we're doing in yields, back in the 1940's and 50's the science was about breeding. we learned about hybridization, to create more yield. we got into the 70's and 80's and it was about biotechnolo