jbs usa is foreign owned.money will end up benefitting local producers because they're partner with u.s. farmers, but for all we know there is not much showing that is the case. >> it is a trickle down theory sf. >> yeah. they're foreign owned, and the bailouts are still issue today a foreign owned company no matter how the administration puts it, it is money paid by taxpayer dollars going to foreign owned entities. >> talk about these brothers, why did these brothers go to prison? >> they went for confessing to jail -- they went to jail for confessing to bribing upwards of 1,000 top officials in their home country. it is quite something that these are a pair of very corrupt brothers. their plea deal including them being prosecuted for withholding evidence. >> and they're still allowed to operate in the united states despite that? >> it is a subsidiary, right? it is held by jbsa, but it is a subsidiary that is operating somewhat independently. >> do u.s. farmers understand that, farmers that you talk to as par

i think you did. >> and thank you, jb as well. >>> much more ahead on this thursday morning.dal. is about to do get even bigger? but first, these messages. -♪ just like any other family ♪ the house, kids, they're living the dream ♪ ♪ and here comes the wacky new maid ♪ -maid? uh, i'm not the... -♪ is she an alien, is she a spy? ♪ ♪ she's always here, someone tell us why ♪ -♪ why, oh, why -♪ she's not the maid we wanted ♪ -because i'm not the maid! -♪ but she's the maid we got -again, i'm not the maid. i protect your home and auto. -hey, campbells. who's your new maid? i protect your home and auto. if you have postmenopausal osteoporosis and a high risk for fracture now might not be the best time to ask yourself are my bones strong? life is full of make or break moments. that's why it's so important to help reduce your risk of fracture with prolia®. only prolia® is proven to help strengthen and protect bones from fracture with 1 shot every 6 months. do not take prolia® if you have low blood calcium, are pregnant, are allergic to it or take xgeva® serious allergic reactions, li

>> their explanation is that they are given this money to jbs, which they say are complying with their american farm industry. they are saying that they are complying with the standards they've set out. they're saying that from operating with them over months, they are doing a good job. but again, that's the administration's word. all we know is that $62 million has ended up in the hands of a brazilian-owned company that's being run by two brothers who have confessed to corruption. >> and no evidence that any of that money went to american farmers? chris summerfeld, thank you. congrats on the scoop. >> thank you. >>> attention walmart shoppers. you're about to pay more. that's next. how do you gauge the greatness of an suv? is it to carry cargo... or to carry on a legacy? its show of strength... or its sign of intelligence? in crossing harsh terrain... or breaking new ground? this is the mercedes-benz suv family. greatness comes in many forms. visit your local mercedes-benz dealer for exceptional lease and financing offers. mercedes-benz. the best or nothing. i have heart disease, watc

jbs bought all of that pork.pork to the united states so we could distribute it through food ranks. every pound of that pork came from american producers. there was no other foreign protein in there whatsoever. >> but the bailout money didn't go to the batista brothers. didn't go to the company. it went to the farmers? >> we bought the american pork grown by american producers that was processed by jbs. they're an american company operating here. farmers sell to them every day. >> can you guarantee that this new bailout money, this $16 billion that that money will only go to americans? >> i can guarantee you that every dollar will go to products that are contributed and grown by american farmers, ranchers and livestock growers. >> all right. agriculture secretary, good to see you. thank you so much for coming and answering our questions. we appreciate it. >> thank you, jake. >> he said president trump u mill yated america in front of the world. what does the commander of special ops who oversaw the raid have to s

digital director for jb pritzker and kamala picked her up.e staff moves all on the ground. >> got to get built up by when? what's the timeline for the solid foundation? >> a lot of people say not built in iowa and new hampshire you are way behind the eight ball. >> jake, what do you hear? >> 36 days until -- >> during the commercial break. bring viewers in to that private discussion. >> let's not. 36 days until the august recess. the time the white house wants a trade deal done. umca wants to get the deadline lifted a disaster bill passed, budget caps. a lot to do over the next 30-something days. >> in some of the things you mentioned, the hard deadline, right, doesn't hit until september? do or die drop deadline? >> not on the debt ceiling. that's before the august recess for sure. little possibility congress can push that off until the fall. at least one legislative battle drowned out by the investigations. >> certainly seems to be the case. a pleasure to have you both quint decoincidentally. right now, much more news with my friend and col

they are hurting not jbs and the bautista brothers. >> there is not a farmer out there who wants to beout money, they want to be selling their soybeans and other goods on the world market. >> that's right. they are indeed -- the tremendous pride they have in selling the product. and what we have here is a failed trade policy. and we all know that we have to have a different approach on a bipartisan basis. we believe we need a different approach to china. but the president is really almost willfully ignorant about trade policy and understanding the nuances of it, and what's happened because of his -- his trade policy and the failed policy that the collateral damage are american farmers and american businesses. what we need to do is to be working with our allies. if you -- you can be tough on china and look at industrial espionage and the subsidies that they provide, the prison camps that they're engaged in, but we also need to be working with our allies in -- in taking on china. taking a look at workers' rights and human rights and some of these other efforts, which are off the table. b

employees at jbs beef plant confirms that whipple did work there up until late last year. they described him as quiet and shy. >>communities across the nation struggling from natural disasters will have to wait longer to get federal assistance today for the second time in just over a week house republican has again blocked the bill that would have given out more than $19 billion for disaster relief. the money would help states affected by recent hurricanes, flooding wildfires and other natural disasters. hurricane ravaged puerto rico would also see millions of dollars in help. democrats tried to pass the bill with unanimous consent they will get another chance to pass the legislation on thursday. the us senate has already passed the bill and president trump has said that he will sign it. a big story tonight, those deadly storms continuing to grip america's heartland right now there is a state of emergency in western ohio after violent tornadoes ripped through 3 counties in that part of the state reporter kristen holmes is in dayton with the latest. >>we want to look at hou

in their last earnings, jb hunt executives, they said that their lower revenues were due in large partst ports that handle shipments from china that'ses a known as the spot market spot market rates have declined by double-digits since april of last year. for standard trucks that deliver most things we buy in stores they've fallen by 19%. for refrigerated trucks that handle things like meat and perishables they've fallen by nearly 14%, and for flatbed trucks that handle industrial items they've fallen by over 14%. analysts and truckers agree on one thing tariffs are a major factor in all of this. manufacturer and retailers front loaded their shipments to beat the tariffs. now with their warehouses full, they're in the driver's seat when it comes to pricing >> with the volume being down, there's a surplus of trucks for the 2019 as we see it right now that it's a pricing market it's a shipper's market, and which is driving the prices of the rates down >> and there is hope that a trade deal could reverse these trends by increasing exports dual transactions are when a trucker drops off a tr

coming up, mark cooper will join us, the chief executive officer of jb solomon. in the 3:00 p.m. our. this is bloomberg. ♪ sebastian: this is bloomberg surveillance. u.s. aviation regulations will not rush the boeing 747 max back to the skies. the federal aviation administration will discuss a remedy boeing is proposing. hasan stanley says tesla grown from a growth story to one that is about restructuring. adam jonas says supply exceeds demand of electric carmaker. nobody cares about the model y. wearable creating a voice device that can recognize human emotion. they describe it as a health and wellness product with software that can determine the user's emotional state from the sound of his or her voice. thank you so much. christopher marangi with us of gabelli. i am trying to figure out the amazon emotional device with like a 12-year-old. what is it going to do with kids in the house? is that where we are heading? christopher: followed by a shipment of some alcoholic beverage for the parent. jeff bezos is already listening to everything we are talking about. it

we'll be right back. ncomplete jb from any one else. why accept it from your allergy pills? flonase sensimist relieves all your worst symptoms, including nasal congestion, which most pills don't. and all from a gentle mist you can barely feel. flonase sensimist. connell: big week for disney. new disneyland "star wars" theme park is opening up tomorrow. deirdre bolton had a sit-down interview with the ceo of disney, bob iger. which was terrific. part of it on "varney & company." she joins us from out in california with a little bit more. hey, deirdre. reporter: connell, this time tomorrow there will be tons more people here. "star wars," galaxy's edge. this is on 14 acres. disney made a one billion dollar investment in this property. in the past, disney literally gotten very solid returns from any invests it made in its park business. the years that cars land opened, for example, attendance was up 23% in that year alone. i. i am standing connell, in front of the millennium falcon. this is one of the rides i got to go on it yesterday. i got to be a pilot. that was good fun. we

jb hunt shashz also down today as part of the overall pressure on the trucking industry as part of theisani at the new york stock exchange. bob? >> thank you, frank. china movers still the marginal movers in the marketplace and all the dow movers today same story. china stocks, dow du pont. 38 at the start of the month now down to 32 but bouncing caterpillar that was 140 at the start of the month bouncing a little bit. united tech. boeing bouncing as well. metals and mining stocks there again trade related. all did a little better today. horrible month for these in general. straight down, a couple days on the up side. retailers you heard we had finally a little bit of a bounce in some of the trade-related names. foot locker. remember 70% of footwear imported from china that's been a tough time l brands bouncing a little today. if you didn't get guidance you were okay in retail but if you did you saw what happened. to kohl's's, jcpenney and ascena retail that's what's going to moffett market tomorrow. we've got just about 20 seconds left to go before the closing bell the important thing

during the cold war key so are as jb support experience either on what hoose trying to do.getting it from the trns to end sbs dis. this is their basic tight al graphs trn your. probably the lad. i don't know if that are. until. . in $ chlgz baufz-ins i've had read and heard, the chinese people like trump okay. they relate to drm in a way that he th don't react to for al her in' ascent to the presidency because they understand he respect strong men and president xi just made himself present for live in china. they doesn't have to worry about donald trump complaining about that or their oppressive measures. talk about that a lit. and let it -- just how how serious is this rp tur between the ho? >> you're right in your first point, the idea that the chinese like trump. they like one-on-one diplomacy. we've had limited kwop raegs on korea. there no we are not hatch hammering them on human rights, on them motor vehicling away from ka prp here the economic confront as. th this. in because woo can't. sflachblt taiwan, north can yb with the trump strags is someone sw swrp. m n tald

. >>> trabo jb con la mente de todos los demÁs, eso dirÍa pedro capÓ un busca bulla y exceda tranquilona cheli cantÚ que vau fuera a competir y se vio muy bien. >>> me gusta mucho, querÍa a tomy tambiÉn. >>> no hay un tercer. >>> tomy, tomy. >>> tomy gencia! >>> aprende jennifer salinas el ranking del rey. >>> (risas). >>> tÚ serÁs siempre nuestro rey pero es ella nuestra reina tambiÉn. >>> asÍ que bueno te estamos esperando pri mÍ princesa ven para acÁ. >>> mejor vÁmonos a celebrar con celebrando. >>> (♪mÚsica♪). >>> (♪mÚsica♪). >>> ♪ .. >>> ♪ .. >>> (♪mÚsica♪ ). >>> quÉ tal si vamos a felicitar a quiÉn es celebra 9 aÑos de parte de su familia, que la ama mucho y que espera que disfrute de su gran dÍa besos. >>> y asÍ, y seÑores, y tambiÉn felicitamos a aylÍn de 24 aÑos de parte de su familia felicidades. >>> bravo aylÍn. >>> y bueno un saludo a sebastian de oklahoma city de parte de su tÍa mary cruz cu lo ama mucho. >>> y vamos a saludar a diego que estÁ de fiesta en sus 33 aÑos y a quiÉn le en las bendiciones diego quÉ diosa te deje disfrutar mucho este nuevo aÑo de vida. >>> asÍ es