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howard shultz stepping down as executive chairman of starbucks. ick around because at 8:00 eastern, shultz will be joining andrew live to discuss his decision and so much more check out the futures at this hour we are in the green at least a little bit after a solid session yesterday. >>> good morning and welcome back to "squawk box" here on cnbc live from the nasdaq market site in times square. oh, boy. among the stories front and center, mexico announcing retaliatory tariffs now against the u.s. it'll include 15% to 25% tariffs on u.s. steel products, 20% on pork, apples, and potatoes from the united states. and 20% to 25% on u.s. cheese. >>> washington state, meanwhile, a suing facebook and google. the states attorney general says the tech giants violated campaign finance law by not disclosing who bought election ads. >>> and amazon is reportedly increasing its investment in india to 7 billi$7 billion e-commer e-commerce giant is said to be taking steps following the acquisition of which we talked about flipkart >>> when we come back, we check i
howard shultz stepping down as executive chairman of starbucks. ick around because at 8:00 eastern, shultz will be joining andrew live to discuss his decision and so much more check out the futures at this hour we are in the green at least a little bit after a solid session yesterday. >>> good morning and welcome back to "squawk box" here on cnbc live from the nasdaq market site in times square. oh, boy. among the stories front and center, mexico announcing retaliatory...
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Jun 5, 2018
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. >> there has been widespread speculation that howard shultz wants to run for president and yesterday'sthat he is stepping down as chairman, of the things we want to do in the next chapter is figure out if there's a role in giving back, not sure what that means. andeeply concerned about the country, social media has lighthearted responses to this news, the best thing about the howard shultz presidency everyone gets to use the white house bathroom. how about that for a response? we are going to be following the story. >> somebody else for 2020. thank you. the time is 26 after the top of the hour. 0-tolerance means 0-tolerance, new numbers showing how serious the trump administration is about illegal immigration. the picture of a firefighter cradling a baby that will melt your house. this is why he does what he does. ♪ the first survivor of alzheimer's disease is out there. and the alzheimer's association is going to make it happen. but we won't get there without you. visit alz.org to join the fight. >> ready to sue the obama administration saying hillary clinton was treated better than h
. >> there has been widespread speculation that howard shultz wants to run for president and yesterday'sthat he is stepping down as chairman, of the things we want to do in the next chapter is figure out if there's a role in giving back, not sure what that means. andeeply concerned about the country, social media has lighthearted responses to this news, the best thing about the howard shultz presidency everyone gets to use the white house bathroom. how about that for a response? we are...
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. >> reporter: howard shultz, the executive chairman of starbucks, stepping down, sparking a lot of speculation shultz might be running for political office. >> glor: also thrk group of gold star kids helping others through their pain. mes corbin help u >> yes. >> glor: this is our western edition. good evening. we're going to begin with a disaster unfolding in guatemala where the volcano of fire has erupted. it is a humanitarian crisis in the making in central america. rescuers are trying to pull people to safety, but more than 62 have been killed, and that toll is expected to go much higher. more than 46 are hurt, more than 3,200 evacuated. it is happening not far from guatemala's capital. and don dahler has details. ( explosion ) >> reporter: orange superheated gas and rocks shot into the sky and poured down the mountain, reportedly wiping out entire villages. the eruption sent ash as far as 40 miles away. in the first few hours, the ash and mud remained so hot rescuers had a difficult time reaching victims, some of whom could be heard crying out for help. the rapidly moving mixture of gasse
. >> reporter: howard shultz, the executive chairman of starbucks, stepping down, sparking a lot of speculation shultz might be running for political office. >> glor: also thrk group of gold star kids helping others through their pain. mes corbin help u >> yes. >> glor: this is our western edition. good evening. we're going to begin with a disaster unfolding in guatemala where the volcano of fire has erupted. it is a humanitarian crisis in the making in central america....
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jillian: too far left, howard shultz slamming democrats over their expensive political agenda. >> ito far to the left. i ask myself how are we going to pay for all those things like single-payer or people is browsing that the government is going to give everyone a job. i don't think that is realistic. jillian: the executive is retiring on june 26th amid rumors he may run for president in 2020. samantha b apologizes on tv for the first time since taking vulgar comments about ivanka trump. >> i hate that this distracted from more important issues. i hate that i did something to contribute to the nightmare of 24 hour news cycles that are white not going through. jillian: she apologized a day after her rent on immigration policy. according to the hollywood reporter, tbs will increase oversight on her show going forward. rob: the head of the girl scouts keeping the girl scouts, sylvia telling the ap the girl will stay in girl scouting, what we do really well. >> boy scouts drop the word boy from their name, they will be known as scouts bsa next year when the first girl join the ranks. you
jillian: too far left, howard shultz slamming democrats over their expensive political agenda. >> ito far to the left. i ask myself how are we going to pay for all those things like single-payer or people is browsing that the government is going to give everyone a job. i don't think that is realistic. jillian: the executive is retiring on june 26th amid rumors he may run for president in 2020. samantha b apologizes on tv for the first time since taking vulgar comments about ivanka trump....
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Jun 20, 2018
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. >> howard shultz always seems to leave at about the right time, doesn't he >> you know, they've beenhrough this before to your point. if this is the plan, you know, to kind of say reset expectations, that's one thing maybe he'll have to come back again after all. >> his share price performance is much better >> yeah. that's true. >> anyway, switching focus, it's time for a cnbc news update. contessa brewer has that for us. >> here's what's happening right now. president trump just signed an executive order that would end the process of separating children from their families after they're detained crossing the border illegally but the president says the zero tolerance prosecution policy will continue. >> it's about keeping families together while at the same time being sure we have a very powerful, very strong border, and border security will be equal if not greater than previously so we're going to have strong, very strong borders. but we're going to keep the families together. >> tainted melons are making people sick. the cdc says 70 people have gotten sick after eating precut melo
. >> howard shultz always seems to leave at about the right time, doesn't he >> you know, they've beenhrough this before to your point. if this is the plan, you know, to kind of say reset expectations, that's one thing maybe he'll have to come back again after all. >> his share price performance is much better >> yeah. that's true. >> anyway, switching focus, it's time for a cnbc news update. contessa brewer has that for us. >> here's what's happening right...
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starbucks the chairman there howard shultz will step down. there's a lot of speculation he'll make a run for president in 2020, facing offer against donald trump. he is on the board of square here in san francisco. the nasdaq set a new record monday. the first time it hit a record in quite some time pushed higher by tech stocks, microsoft and amazon have been on a tear lately. donald trump recently tweeted in many ways this is the greatest economy in the history of america and best time ever to look for a job. i often point out when the president is misguided. let me tell you here he's absolutely correct. shares in apple helped push the nasdaq higher and apple hit a new record monday. worldwide developers conference continues today in san jose. yesterday we saw new features in os 12 which will come out in september, including memoji, to create an emoji that looks just like you. >> i'm can select my eye color. as i'm making changes, the character up above is coming to life. >> that will come out in september. as a free update to ios12 i d s gu
starbucks the chairman there howard shultz will step down. there's a lot of speculation he'll make a run for president in 2020, facing offer against donald trump. he is on the board of square here in san francisco. the nasdaq set a new record monday. the first time it hit a record in quite some time pushed higher by tech stocks, microsoft and amazon have been on a tear lately. donald trump recently tweeted in many ways this is the greatest economy in the history of america and best time ever to...
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. >> it was so much fun talking to people as diverse as bill clinton, barack obama, tim cook, howard shultz, so many others, martin sheen, gloria steinem, who covered my father as a journalist in the 1960s, and hearing how they see him as their hero, as their load star. and, you know, hillary clinton famously said, when you ask somebody about me, i'm like a rorschach test. you learn more about them than you learn about me. so this book, you learn a lot about bobby kennedy, but you also learn a lot about the people who view him as a hero. >> is there something that you learned to that point that you thought, i did not know that, or it's a surprise, someone's take on your father? >> well, what was really interesting is the conclusion i drew from this book is that what daddy did is he called forth the best in all of us. he did that in his speeches, and he still does it today. today. so it's not a particular policy or a particular vision. it's that he said we can be a great country, we can be a generous country. you know, when he ran for president, he said, peace, justice, and compassion toward
. >> it was so much fun talking to people as diverse as bill clinton, barack obama, tim cook, howard shultz, so many others, martin sheen, gloria steinem, who covered my father as a journalist in the 1960s, and hearing how they see him as their hero, as their load star. and, you know, hillary clinton famously said, when you ask somebody about me, i'm like a rorschach test. you learn more about them than you learn about me. so this book, you learn a lot about bobby kennedy, but you also...
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starbucks, the chairman there, howard shultz says he's going to step down. there's a lot of speculation shultz will make a run for president in 2020 facing off against donald trump. shultz is also on the board of square here in san francisco. the nasdaq set a new record monday, the first time hit an all time high in quite some time. microsoft and amazon have been on a tear lately. donald trump recently tweeted in many ways this is the greatest economy in the history of america and best time ever to look for a job. i often point out when the president is misguided. let me see here he's absolutely correct. >> shares in apple helped push the nasdaq higher as well. apple hit a new record monday, worldwide developers conference continues today. yesterday we saw some of the new features in os 12 that comes out in september, including the me diagnose memoji, that looks just like you. >> when i'm set i can select my eye color, what's really amazing, as i'm making changes the character up above is many coulding to life. >> i think that looks cool. it will come out in
starbucks, the chairman there, howard shultz says he's going to step down. there's a lot of speculation shultz will make a run for president in 2020 facing off against donald trump. shultz is also on the board of square here in san francisco. the nasdaq set a new record monday, the first time hit an all time high in quite some time. microsoft and amazon have been on a tear lately. donald trump recently tweeted in many ways this is the greatest economy in the history of america and best time...
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who'd you have on yesterday that was talking about 4% >> howard shultz >> yeah. difficult. but i do want to talk about this other thing, joe the government reported yesterday there are now more job openings in the united states than there are workers to fill the jobs throughout the company, job openings remain unfilled and employers looking to hire say workers lack the necessary skills a program in louisville, kentucky, attempting to address the problem. and address it in high school. it may seem strange and a little out of the box, but a card board boat race in louisville, kentucky, is seen as part of the solution to a national worker shortage problem it all looks like fun and games, but behind it are some serious high school students studying computer-assisted design or c.a.d. >> i was good at math. i liked drawing but once i got to the c.a.d., i was like, wow i really like this i could do this. i'm really good at it. >> the card board boat regatta is for students who spent the year studying sophisticated auto c.a.d. and machines to prepare for careersin commer
who'd you have on yesterday that was talking about 4% >> howard shultz >> yeah. difficult. but i do want to talk about this other thing, joe the government reported yesterday there are now more job openings in the united states than there are workers to fill the jobs throughout the company, job openings remain unfilled and employers looking to hire say workers lack the necessary skills a program in louisville, kentucky, attempting to address the problem. and address it in high...
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. >> starbucks says its executive airman howard shultz is stepping down this month. number of options including public service. >> all that -- >> for the double play! jesse warren! >> and all that matters -- >> the u.s. supreme court has ruled in favor of a colorado baker who refused to make a wedding cake for a same-sex couple. >> in my opinion, if there's anything america is not going to stand for, it's less cake. >> on "cbs this morning." >> if you were planning to invite fbi agents to a party, be warned, because they got some banging dance moves. >> an fbi agent is under investigation after his gun accidentally went off on a dance floor in denver. >> so now the denver police are investigating the agent, as are producers of "dancing with the stars." i tell you, i think that would make the show a lot the more entertaining. >> this morning's eye opener is presented by toyota, let's go places. >> welcome to "cbs this morning." as you get dance moves, that's what those are? >> jimmy, he was clearly making a joke, but i wouldn't be surprised if "dancing with the stars"
. >> starbucks says its executive airman howard shultz is stepping down this month. number of options including public service. >> all that -- >> for the double play! jesse warren! >> and all that matters -- >> the u.s. supreme court has ruled in favor of a colorado baker who refused to make a wedding cake for a same-sex couple. >> in my opinion, if there's anything america is not going to stand for, it's less cake. >> on "cbs this morning."...
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said he's not warren buffett said he's not running for president either but we talked about what howard shultze's stepping down as the chairman of starbucks and just this idea that howard might actually be running for president. i think they are both in favor of the idea of ceos getting involved in policy but both seem to indicate it might be difficult for somebody who has been a ceo to do all the things that it would take to run for president. >> if you want to do it, i applaud it i'm not sure it's hard i saw howard i think the world of howard. he would be a great chief executive or governor or senator, whatever he wants to do but it's hard. and you have to want it. >> warren, your thoughts >> most business people would have trouble starting out a year early in iowa and going from motel to motel and repeating themselves six or seven times a day and listening with great interest to every possible voter as to what their suggestions might be so i'm not recommending it to any of my friends, but i think it's very important that business be a hand maiden of government business has done wonderful th
said he's not warren buffett said he's not running for president either but we talked about what howard shultze's stepping down as the chairman of starbucks and just this idea that howard might actually be running for president. i think they are both in favor of the idea of ceos getting involved in policy but both seem to indicate it might be difficult for somebody who has been a ceo to do all the things that it would take to run for president. >> if you want to do it, i applaud it i'm...
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kfcs >> if you have the population and the traffic, you know -- >> you can do it >> i think when howard shultz many years ago it was i think in retail, you got to open up new units. the biggest and most difficult challenge starbucks has in all retail is continuing to grow the same store sales it's the most sensitive thing. >> it's the best determination of the health of the e retailer. >> it does because if your sales are going up, your unit economics are strong therefore you can open up new restaurants. and if you look at all the stocks, the retail stocks, it's the same store sales, new units, return on investment capital that's the formula i think starbucks is a great brand. i mean, i walked in with a starbucks cup of coffee. >> i'm drinking one right now. >> when you got a brand like that, you might have some difficulties, but there's lots of upside as you go around >> would you like to try to write the guidelines for individual store managers on who could come in, who could use the -- isn't that a quagmire to try to figure out who could use the facilities, how long could you stay, you don'
kfcs >> if you have the population and the traffic, you know -- >> you can do it >> i think when howard shultz many years ago it was i think in retail, you got to open up new units. the biggest and most difficult challenge starbucks has in all retail is continuing to grow the same store sales it's the most sensitive thing. >> it's the best determination of the health of the e retailer. >> it does because if your sales are going up, your unit economics are strong...
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people like george clooney and bono, tim cook from apple and howard shultz from starbucks and others.at, great interview. but i think more and more, all of them come back to the vision of him as somebody who could bring people together, black and white, young and old, rich and poor. you know, we have to remember, as bad as it is today in our country, 125 cities were burning in 1968. philadelphia was basically under martial law for weeks and weeks. my father's whole campaign was about addressing poverty and healing division. i think we need -- one of the things he said is peace and justice and compassion towards those who suffer. that's what the united states should stand for. imagine a political leader. a presidential candidate saying that today. and yet that's what americans want to hear. >> joe, when we went yesterday, i believe we were talking to the great folks. and that was their question. who has that voice today? who can strike that balance and bring people back to the core of who we are? >> well, you know, we're show ago clip right now from bobby kennedy's cape town speech two
people like george clooney and bono, tim cook from apple and howard shultz from starbucks and others.at, great interview. but i think more and more, all of them come back to the vision of him as somebody who could bring people together, black and white, young and old, rich and poor. you know, we have to remember, as bad as it is today in our country, 125 cities were burning in 1968. philadelphia was basically under martial law for weeks and weeks. my father's whole campaign was about addressing...