worldwide company. >> to find him, you must have been completely shocked that this man didn't know who jeff bezos was. >> the question was, why is this important in the amazon story? i think that bezos is such a unique, driven individual just like jobs or frankly, president obama or bill clinton, and you wonder, does the absence or let's say the disappearance of the biological father, now he had a great adoptive father. but somewhere in the stew of this unique individual, that definitely had an impact. >> i know the biological father then wrote him and that he wrote back. any -- do you know whether he has any interest in meeting his biological dad? >> i actually don't know. i would assume that -- you know let's sort of go back to the steve jobs story, he didn't have a lot of interest in meeting his biological father. he said he had a great father and wasn't interested in making that connection. i don't know what the story will be here. hopefully it will be a happy outcome. >> he revolutionized the way we buy all things. he has now bought the washington post. you know it needs some help. >> i thin

jeff bezos is the subject of "jeff bezos and the age of amazon," and you'll find a one-star review by mckenzie bezos, slamming the book. the "wall street journal" confirmed this harsh critic was, indeed, jeff bezos's wife, mckenzie, meaning it joins ours list of the favorite reviews ever, including this one for a so-called ufo detector. one star is too much for this product. i don't know if this was a scam or isn't working. i'm still getting abducted on a regular basis. and then "how to avoid huge ships." i bought it as a companion to captain trimmer's other excellent titles, "how to avoid a train" and "how to avoid the empire state building." after reading them, i haven't been hit by anything bigger tan a diesel bus. >>> there are republican my mantra? family first. but with less energy, moodiness, and a low sex drive, i saw my doctor. a blood test showed it was low testosterone, not age. we talked about axiron. the only underarm low t treatment that can restore t levels to normal in about 2 weeks in most men. axiron is not for use in women or anyone younger than 18 or men with prost

jeff bezos is the subject of "jeff bezos and the age of amazon," and you'll find a one-star review bys, slamming the book. the "wall street journal" confirmed this harsh critic was, indeed, jeff bezos's wife, mckenzie, meaning it joins ours list of the favorite reviews ever, including this one for a so-called ufo detector. one star is too much for this product. i don't know if this was a scam or isn't working. i'm still getting abducted on a regular basis. and then "how to avoid huge ships." i bought it as a companion to captain trimmer's other excellent titles, "how to avoid a train" and "how to avoid the empire state building." after reading them, i haven't been hit by anything bigger tan a diesel bus. customer erin swenson ordered shoes from us online but they didn't fit. customer's not happy, i'm not happy. sales go down, i'm not happy. merch comes back, i'm not happy. use ups. they make returns easy. unhappy customer becomes happy customer. then, repeat customer. easy returns, i'm happy. repeat customers, i'm happy. sales go up, i'm happy. i ordered another pair. i'm happy. (both

it's not true, bezos writes. jeffy" until a year after he started amazon. >> he wanted to sell books over the internet. that was the start. exactly that. >> reporter: married for 20 years bezos has long been her numbered's number one fan. in an interview with charlie rose earlier this year she talked how amazon came to be. >> to me, charlie, i'm not a business person when i hear that, it's the passion and excitement. to me, watching your spouse, somebody you love have an adventure, what is better than that and being part of that. >> exactly. >> reporter: but as far as "the everything store" is concerned ms. bezos wrote i find way too many inaccuracies and unfortunately, that casts doubt over every episode in the book. stone wouldn't grant our request for an interview monday night but his spokesman released a statement saying "the everything store" has been reviewed widely and praised for it's even-handsness. he regrets the mistake in the year in which mr. bezos read "the remains of the day" and we will correct this in

jeff bezos is the subject of "jeff bezos and the age of amazon," and you'll find a one-star review bye bezos, slamming the book. "the wall street journal" confirmed this harsh critic was, indeed, jeff bezos's wife, mckenzie, meaning it joins ours list of the favorite reviews ever, including this one for a so-called ufo detector. one star is too much for this product. i don't know if this was a scam or isn't working. i'm still getting abducted on a regular basis. and then "how to avoid huge ships." i bought it as a companion to captain trimmer's other excellent titles, "how to avoid a train" and "how to avoid the empire state building." after reading them, i haven't been hit by anything bigger tan a diesel bus. we'll be right back. le giving. . i get bonuses even working part-time. where i work, over 400 people are promoted every day. healthcare starting under $40 a month. i got education benefits. i work at walmart. i'm a pharmacist. sales associate. i manage produce. i work in logistics. there's more to walmart than you think. vo: opportunity. that's the real walmart. that's the soun

the newspaper's new owner, jeff bezos, said he is looking for a new home. man lame piece of john of it and appeal and phil -- slipped on a banana peel and fell to the ground. -- maurice owens for $15,000. the video shows he dropped the banana peel himself before he stepped on it and fell. he is charged with second-degree fraud. video of the day. if you want to see more of it. judge for yourself about what happened. check out our website, wjla.com. >> these days, everything is on camera. there is always a camera somewhere. an unusual spot. what was found painted on the side of the space shuttle. >> three girls escaped captivity inside their own home. what police found when they arrived there. >> ethics giving >> you are watching abc seven news on 11 on your side. >> three arizona girls are safe tonight after police say they were held captive by their mother and stepfather in their own home. two of the girls escaped out of the window and ran off to a neighbors home to get help. when police arrived, they found a massive alarm system including wires to each gir

is holding the president accountable and his relationship with the washington post's new owner jeff bezos. chuck todd asks president obama about that broken promise on health care. >> do you feel like you oh owe the american people an apology for misleading them? >> did nbc's political director do the job or let the president escape? >>> "60 minutes" apologizes ge the fatal attack in benghazi. >> in this case, we were wrong. we made a mistake. >> how did that happen? we'll take a look at what happened. >>> plus, some pundits are swooning over chris christie after his big re-election. he's all over the sunday shows and on the cover of "time." but can this romance last? i'm howard kurtz and this is "media buzz." >> we've got a lot of hot issues on the program. send me a tweet @howardkurtz. >>> on "60 minutes" report on benghazi has turned into a huge black eye for cbs. lauren talked to a contractor who said that night that he scaled the compound that was overrun with al qaeda fighters. >> one guy saw me. i just shouted. i couldn't believe that he'd seen me because it was so dark. and he sta

. >> rose: jeff bezos told me recently, look, as big and as exciting as amazon is, somebody will come along a disruptive technology that will wreak havoc with us at some point. and you haven't had that so much at microsoft. but the interesting thing about -- you've had billions of dollars in the bank. >> i think they still do. (laughs) >> rose: they do! maybe there's the problem right there. they didn't spend that money well on buying things. they tried to buy, for god's sakes, yahoo! they could have bought facebook. if they could have bought a piece of facebook. >> fascinating question. >> rose: i know, i know. >> and it's not clear that would have been smart. facebook grew and prospers under mark because mark was the driving passion and if you'd taken him out of that role and put a bunch of guys at microsoft that experienced in other areas to micromanage him it's not going to -- it wouldn't have worked. a dilemma for many tech companies is they have tons of cash but don't have a great use for their cash because if you just hire more people that doesn't help. >> rose: apple is a perf

what's that like over there first this is been so much the grahams and they're gone what's it like jeff bezos the founder c.e.o. of amazon bought it with personal money so it's not an amazon enterprise. i've known him for years i think he's the real thing he believes in and the independent aggressive press he came to the post after by and told the story about watching the water. gade hearing aids on his elbow with his grandfather when he was about eight or nine and so he he he understands he gets the heritage he gets the sense of obligation isn't this an unusual time to go into a business that they say is going out here it is and it's high risk but he thinks he can do it and if given his tech savvy his sense of how to organize things i'm optimistic if anyone can do it he came in and let's let's be direct as we always have over the of we the news business is in trouble and there were we've gone through this convulsion in disruption and it would be great to have a news organization like the washington post so or and get better and better so it becomes something that kids look at regularly somet

is holding the president accountable and his relationship with the washington post's new owner jeff bezosdd asks president obama about that broken promise on health care.

amazon a new book about the website and its founder jeff bezos, his wife took it too amazon to criticize the book. that's trending. election day voter across the country heading to the polls today. we hope you do, too. follow us at twitter at #cbssf. >>> 6:17. let's check the roads with elizabeth. >> reporter: towards the bay bridge this morning, finally they turned the metering lights on. took a little while. traffic was backed up behind the eastshore freeway so traffic is really light for a while. unfortunately, you know, we are starting to see delays once they turn them on around 6:15. so that's the drive time right there at the bottom of your screen. it is all backed up through richmond. there is an accident still blocking one lane. cbs mobile 1 drove through earlier. westbound 80 by central. delays again around the richmond parkway. also, new problems this is in el sobrante. santa rita road is shut down both directions at appian way. about 1,000 spilled used needles got on the road. this is a hazmat situation now. fire crews are on scene working to clean up the medicine. it's close

his latest crash with the white house, his view of the obama care mess and his relationship with jeff bezos. that's next on media buzz. weap. now back to "media buzz." >> bob woodward has reported on every president since richard nixon. now the editor has been clashing with the obama white house. how does its handling of the media compare to previous administrations? i spoke to him earlier here in studio one. >> bob woodward, welcome. >> thank you. you concluded in your book "the price of politics" that president obama had failed to lead. now we're hearing that he failed to lead on nsa foreign surveillance, didn't know the details, we're hearing that he failed to lead on the obama carolout, has it taken the media too long to reach this analysis? >> well, you've got to be empirical about it. and that's not to take the republicans off the hook for all the budget problems. but the president has to find a way to work his will. as you recount all of this, and as i do, you see that the president is the one who calls people to the white house. they don't call him to the congress. and -- >> but it'

jeff bezos. is it too late for that? >> i don't think it's too late for that. i'm guessing maybe the ceos of the companies file suspended because they weren't asked, and that's the funny thing. what i love about this deal today, -- twitter was tweeting live about what was going on with the pricing of the ipo. nobody knows what is in healthcare.gov. so they have reached out and, the googles and apples saying we have the big guys helping us who know what they're doing. >> thank you very much. we are reading tweets from executives, i'm rich, i'm rich. anyway, after the rollout, calls are mounting for secretary kathleen sebelius to get out. ten republican senators sending a letter to the president urging her to fire her and fast. such a complicated beast here. i don't know who takes the blame but she is in charge. >> i'm surprised she is still there let me go back and say i think today proves wall street is just as delusional as washington. this may be a great company, but for crying out loud, it's priced at 50 times the revenue. maybe some days it will prove it ha

earlier talking about how the wife of jeff bezos had given the new book a 1 star review. saying the author brad stone had gotten his facts wrong. stone a few minutes ago posted a response saying he stands which his book called the everything store. he does say there are details only jeff and mckenzie could know. if they could like to point out the errors i'll gladly correct them. then kmart and sears will stay open all day thanksgiving and all day and night for what used to be called black friday. now just going to be one long sale. thanksgiving now we call thursday. you don't have to go. >> exactly. sit at the table and eat pie. >> christina loren is here for some pie in the sky maybe. >> with your lap top on the table. you don want to miss out on those deals. good morning. we've got a good looking day shaping up. temperatures are going to be chilly to start by about lunch time. you can peel off your first layer, 72 bay side and at the coast 69 degrees. remember thed8 sun goes down a 5:00 p.m. and so check on your drive, good morning to mike. >> we're going to look at m

his latest crash with the white house, his view of the obama care mess and his relationship with jeff bezosat's next on media buzz. this is the quicksilver cash back card from capital one. it's not the "fumbling around with rotating categories" card. it's not the etting blindsided by limits" card. it's the no-game-playing, no-earning-limit-having, deep-bomb-throwing, give-me-the-ball-and-i'll-take- it-to-the-house, cash back card. this is the quicksilver cash card from capital one. unlimited 1.5% cash back on every purchase, everywhere, every single day. so let me ask you... at's in your wallet? how do you react when you first see this? it looks kind of like a dancer? reality check: some 4g lte coverage maps don't really look like maps. seems like maybe... a bunch of berries. this one feels more empty. what do you see here? clearly a picture of thunited states. check the map. verizon's superfast 4g lte is the most relile, and in more places than any other 4g network. i should switch to verizon immediately. that's powerful. verizon. the lg g2: featuring an intuitive rear-key design and 13-me

follows the sale of its flagship newspaper and several other publishing businesses to amazon founder jeff bezos. "after the bell" starts right now lori: we have joe bell in the and scott bauer in the pits of cme. comment on the stock market, why investors didn't want it to close at6,000 today? 16,000. >> it was hovering just under there after we hit the high. quite frankly the carl icahn tweet or reuters report that came out 1:30 our time, 2:30 eastern today, that put a little black cloud over the marketplace. talking to the guys behind me, the last three, four times he came out and said anything, whether about the market in general or apple he mentioned this time, the market taken a hold to it. although we didn't see a huge selloff, i think it had something to do with the modest selloff. that 16,000 number,. hundred number in the s&p's, 4,000 numbers, frankly they're psychological numbers anything. ashley: count for something, scott. can investors still jump in at this moment of record-breaking numbers and still be confident they can make some money? >> you know what? i think they could. in fa

as a matter of fact we were their first delivery company, when jeff bezos was working out of his garageice working relationship with them for number of years. over the past year we got together. we've been r been delivering more of their packages they drop in at the post office level and we started talking about let's try sunday and here we are. melissa: do you have to compete against fedex or ups for sunday delivery? >> number we put the offer on the table. we worked it out with amazon. they had a lot of interest. of course we have a sweet spot both companies. we deliver very well to the home and, they have a lot of packages going to the home. it made food sense for them to have that seven-day opportunity for their customers. people like to go online and order and great to get your package the next day. melissa: absolutely. i think a lot of people don't know you already do make deliveries on sunday anyway. what i didn't love about this deal though, you're not charging them highest rate for sunday delivery. that is usually a real premium for you and moneymaker. why give them a special d

. >> yeah, maria, amazon's ceo jeff bezos sold quite a bit of stock. per share according to a regulatory filing. it's interesting for a couple of reasons. it's been three years since he has sold a stake this big. last year he sold a group of shares that number just under 800,000 but he hasn't been selling in the millions since 2010. and valuewise, due to the stock's big run-up this is the most valuable chunk of shares he's ever sold at around again $312 million. this is classified as a 10b51 preplan sale. it's interesting because he hasn't been selling this volume of stock for about three years now. netting quite a good value, maybe he's out shopping. who knows? i reached out for comment but haven't heard back. >> i know it's speculation but isn't that what he paid for "the washington post". >> that's about a quarter billion for "the washington post" and this is around 312 million so maybe it's walking around money that replenishing his stash. >> six months' savings. >> did you talk about how much he owns still? >> what did you say, 85 million. >> 85 m

and you have certain responsibilities when somebody like a jeff bezos from amazon basically hands you a medium size corporation and says don't mess it up. so that was a major change for me. although hi worked in television. hi done some pilots and i worked on a couple series. >> brown: this of course is something we've looked at on the show. this is a new model of television. amazon taking this on, streaming video, right, digital. it's not turn on your television. >> no, and i had some serious misgivings about that. when i was first approached by my partner john alter about taking it to am zon hi some pretty serious misgivings. i thought well everything i'd seen, in the world of webtv had not been very impressive. it had been underresourced. and my association was with you toub videos, not serious high end episodic programming. so there being no model for that i was a little skeptical. then along came house of cards. and a lot of other players got into that particular space. and i'm going wow, this is beginning to happen. there -- people are committing some pretty serious budgets to

i just talked to jeff bezos. they are using their audience, a huge audience, to test things, to test pilots. i mea it's not just a focus group -- >> it's a focus group that's 250 million people big and part of what we're going to see ming behind it is theyknow not only hat time you tuned in, at what point you tuned out. theyut their pilots up for grabs. f yo think about how piloting has gone on the network level whh is take a huge bowl of pasta, fling it against the wall, 30 shows, pick u two of them, pick up three of them. i can remember being up in the canyons in l.a. at -- at a party at norman lear's hous and he says "see all this?" because the are all these beautiful homes all over. "this iselevision pilots. this is what you're looking at down here. that's what built this whole family." (laughter) th's what endangered by etter metrics, better data, better choices where net flicks can say okay, here's the david fincher circle, here's the kevin spacey circle, here's british "house of cards" and look in the midd

it's interesting, three things that jeff bezos the ceo likes to talk about are price selection and speedissue sunday delivery really speak to speed. amazon had about almost $3 billion in losses from shipping costs so it's clearly something they want to invest in. speed particularly important in some of the home good areas where amazon's trying to move in. if you're not sure whether you're going to order that cereal or something like that from amazon, if you know you can get it in a couple days, maybe on sunday, you're probably more likely to order it. >> just in time for the holiday shopping season too. you know a lot of people are saying this is an absolute lifeline for the u.s. postal service. what do you think? >> i took a look at some of the numbers here, sue, and last year, looks like the postal service lost nearly $16 billion. i took a look at their annual report to congress for 2012, looks like shipping and packages brought in $11.6 billion in 2012. now, the postal service is projecting just a $6 billion loss for today. i doubt just adding that one day of sunday delivery would mak

the gray arms sold to jeff bezos -- the grahms sold. there is an aspect that is a rashomon tale. no two people agree on what happened. it was confirmed as we went. if you have enough people involved, you could get close enough to understand to what we think happened and to learn what might happen next. we tried to do that in the project and we think it's important. understanding how journalism , this is embodied at the kennedy school and the importance of a vibrant press, one thing that was not answered tonight, are we going to find ways to cover the obscure school as effectively as the digital world has already figured out how to cover celebrity gossip, the daily political rants in washington and even the weather? on behalf of martin, john, and myself, the stories ahead will be far more interesting than the stories we have told. we hope that you'll stay tuned to what we have done and more importantly to this evolving thread. we have a warning. watch out for the riptide. to sea t washed out it rolls and because it always does. thank you very much and have a great evening. [captio

when you have a pot of money that big for jeff bezoes he sees an opportunity for share and doesn't want to be squeezed if they're getting into the grocery business, doesn't want to be squeezed price wise. a private label business would give him leverage against everybody else. >> private label nutella, that's what i'm for. private label nutella. mr. bezoes are you listening nutella the new peanut butter. >> can you call it nut tell la? can't call it that. >> he'll figure it out. john fortt, thank you. >> thank you very much. all things jason del ray says there's plenty of unanswered questions about what amazon is up to. jason, tell us what you found out so far? i mean amazon certainly can execute on so many different platforms that if they do go this way, it's going to strike fear in the heart of a lot of grocery stores? >> well, it sure will, but, you know, john mentioned there's some job listings around the food category, but there are also open questions, how aggressive will they be here? will they go into their own brand of diapers, for example? baby category was mentioned. will the

bezos laughing. greg writes, kindling closer family relations. we do love jeff's laugh.ere. appreciate it. >> thanks to david ortiz. wasn't that fun? it really set the floor on fire today. the dow is down about 16, continues to shave some of the losses. let's get over to post 9 and wapner and halftime. >>> here's what we're following today -- #bigwin. it scores the big ipo and what it means for business and investors, from the man at the top, ceo duncan niederhauser. the great debate after a new ceo and big runner, shares of groupon a daily deal for investors. or buyer beware? we start with the question all of us are wondering, is the rally sustainable? history suggests yet. in the past 50 years, only four other times that the s&p 500 has risen more than 20% in the first 10 months, and in each of those times, nem

. >> when jeff bezos bought the washington post for $250 million, what was lost in the story was thatif he'd tried to buy "the washington post" 13 years earlier he probably would've had to spend $5 billion, something in that area. and the reason is that the commercial -- wall street has decided you can't make money doing journalism anymore. that's why we have so few journalists. and, you know, the reason bezos is interested in it was less for commercial reasons than for political influence. you still have great political influence when you own a monopoly daily newspaper, especially in the nation's capital. journalism's got to be understood first and foremost, as a public good. it's something society needs, but the market doesn't produce in sufficient quality or quantity. >> oh, you dreamer, you. >> no, but wait. this is -- it's not a dreamer. advertising gave the illusion that journalism could be a commercial entity and the market would take it wonderfully. but it doesn't. now that the advertisers are leaving, we can see that isn't the case. if we just rely on the market, we will not

lines, particularly in the part that excerpt it at the end in just sold "the washington post" to jeff bezosor $250 million. paid 350rs ago you million dollars for "the huffington post." it goes to show the relative values out there. do you think bezos got a better deal than you? [laughter] >> i think when we bought it, many people western what the value was overall and how much we had paid for it. as we talk to investors, they think that "the huffington post" is worth a tremendous amount more than what we paid. ariannaon is that realized something distinctive about how information gets transferred and how people it.ed her in -- wanted the fact wek at have gone from zero to 100 million video views, it is a migrationn -- it is a of what we have bought to being one of the best brands in the world. i experience in newspapers and news started right outside this room. i owned one in boston and we bought something all the square deal. it was a free newspaper that we stand out right up the street at cambridge. my viewpoint on where news and news points were going, i went down to m.i.t. and saw mosa

jeff bezos is fond of newspapers. >> whether through usps or their own distribution centers which theyhe product to your front door as and quickly as possible, no matter how much it costs. >> spending quite a bit on that lodgistics infrastructure, thats why they continue to most of the time report losses these days because they're building that out. they're careful to, it's because we continue to see growth here. there's been a lot of interesting stuff written lately about if amazon wanted to post a profit right now they could especially in the more mature businesses but these are areas they continue to invest. >> love that. we could make a profit if we wanted to. >> if we wanted to. >> jon fortt. >>> wall street meets main street when the 22nd annual schwab impact conference kicks off in washington. with the coordination of the conference, a new survey how financial advisers are feeling. you might be surprised at results. tyler mathisen has more in washington. good morning. >> good morning. i promised to bring you back dozens of tote bags from the conference. 2,000 registered investme

this is a book that jeff bezos does not cooperate with. i heard the author interviewed on npr. it sounds like an interesting book. >> it's possible that the whole story could be interesting to some extent, but they couldn't have these major -- not everything is a drama, right? i can it's nice that she's -- >> standing up for him. >> yes. >> sure. >> i didn't like it when rupert got divorced. >> all right. when we come back, twitter preparing to go public this week. the company laid out more than 30 pages of risk factors for the business and this public filing. we're going to talk about the risks and rewards right after this. of business. they always have. they always will. that's why you take charge of your future. your retirement. ♪ ameriprise advisors can help you like they've helped millions of others. listening, planning, working one on one. to help you retire your way... with confidence. that's what ameriprise financial does. that's what they can do with you. ameriprise financial. more within reach. that's what they can do with you. sometimes they just drop in. always obvi

in jobs' case and jeff bezos's case they both have loyalty working for them.even in nick's book, he said here that he started with one nair a tissue and then when he started investigating, it turns into something else. >> i think nick's book is incredibly good. you know it's important to say this is a little bit more complicated. i make somebody feel tough but i alps show that he was loved and he was able to be a genius and that was slipper the case with steve jobs. >> always good to see you. >>> one of johnny cash's famous concerts took place inside a prison. the only journalist who saw it in person >>> good morning. it's right around 50, 51 degrees in your neighborhood. we have a bunch of sun. we think it's going to be a cloudier day than sunnier. a high of 63 degrees. it's going to get cloudy tonight as the cold front approaches, 53 will be the low. an early high of 61 tomorrow before the clouds return. ready? happy birthday! it's a painting easel! the tide's coming in! this is my favorite one. it's upside down. oh, sorry. (woman vo) it takes him places he'

in jobs' case and jeff bezos's case they both have loyalty working for them.ook, he said here that he started with one nair a tissue and then when he started investigating, it turns into something else. >> i think nick's book is incredibly good. you know it's important to say this is a little bit more complicated. i make somebody feel tough but i alps show that he was loved and he was able to be a genius and that was slipper the case with steve jobs. >> always good to see you. >>> one of johnny cash's famous concerts took place inside a prison. the only journalist who saw it in person shares new it's estimated that 30% of the traffic in a city is caused by people looking for parking. that's remarkable that so much energy is, is wasted. streetline has looked at the problem of parking which has not been looked at for the last 30, 40 years, we wanted to rethink that whole industry so we go and put out these sensors in each parking spot and then there's a mesh network that takes this information sends it over the internet so you can go find exactly where those ope