giant is reconsidering the move, amidst political and public bash lash "new york times" columnist jim stewartlcome back >> thank you. >> they're still talking about this saga. >> it is an amazing story. i am flabbergasted we have gotten to the point where people are forcing amazon to reconsider the decision i can't help but think the overwhelming majority of new yorkers were thrilled. most cities would kill i mean, it came close to killing to get this deal $3 billion, if you look at it closely in the scheme of things, this isn't a huge give away. >> other cities offering it. >> newer, fraction of the size of new york. new jersey was offering 7 billion. so i think that's not the issue at all are there concerns, of course. you have to worry about congestion, development, are people going to be displaced, but there are ways it address that if the new york city local government is worried about it, address the problems if and when they occur first of all, this is not a residential neighborhood they're moving in. think of the restaurants that will pop up, the service, the stores adds a huge boost.

with us at post 9, columnist jim stewart.tinues. de blasio has changed his tune some say it was his failure in leadership in terms of trying to figure out a way to make this happen that accounts for the failure. but he seems to be blaming amazon now for not being a good corporate citizen. >> well, there's plenty of blame to go around here. i spent the last, nearly a week, really trying to understand where the opponent is coming from because i was so shocked after winning a prize everyone wanted that somehow new york thumbed its nose at it and drove amazon out so number one, the main issue seems to be like, why should we give amazon $3 billion i hear that everywhere i'm going. we weren't giving them $3 billion. they were tax incentives that's an investment you can't just look at the cost side of that equation. you also have to look at the benefits at least one estimate i read was that for every $1 in tax subsidy we were giving amazon, new york was going to reap $9 in tax revenues now why is that? it's because new york has a ve

joining us to describe this is jim stewart.nk you >> they are separate issue, buybacks and marginal tax rates, but there appears to be a mood among the democratic party where is this coming from? >> aim astonished how this caught fire and seems to become like a key issue in the upcoming campaign i completely agree as i've said on the show many times that everybody should pay their fair schaeffer and i think the key word is fair the rich should pay their fair share. none of these proposals seem to recognize is that the rich are not paying their fair share. now, they're not paying the 39.6%. we have someone in the white house who still hasn't released his returns but as far as we know in some years paid 0% if we made the exissing code fair we would raise a lot of money and rich would be paying a lot more let's put that aside suddenly we have these bold is a way to put it proposals to raise it to 770 and regular buybacks and impose requirements on corporate managers i feel it's groundhog day. it's pretty close to it. we've been do

economic growth with us to talk all about this, pulitzer prize winning columnist jim stewart is here 9 god to have you back, jim. >> thank you. >> what did you make he has a great window into what housing will do perhaps. what did you make of his comments >> he does the numbers have been very weak lately which surprise me a little bit in january because suddenly the stars seem to align. you know, we had a nice stock market recovery through the month. simultaneously interest rates going down that's a prescription for a boost in new home construction and residential sales that we just haven't seen yet, so i think that's -- that's a little surprising, but about, you know, this looks to me like this is buffet terrain there's some -- if you're looking for values out there, the housing sector looks to me like one that's pretty depressed given in theory it should start picking up >> so you think it -- you think maybe the challenges of finding some things to buy are not as quite as it seems. >> i've been wondering about that we all know at any given moment that something is a bargain out the

. >>> jim stewart is with us jim, we were talking about there recently you and i both from the same camp when it comes to the colossal blunder that a handful of vocal but a small group of people have apparently succeeded in blocking amazon from coming to new york. >> yeah, i think it's astonishing in some ways the hubris of people thinking that new york is so powerful and so desirable that you simply reject and basically eject an investment in the local economy like that. i remember when the proposals first came out from amazon, one of the first things they said is they wanted to go somewhere where they would be welcomed even if this is a minority, it's a very loud one. it's a very vocal one. for reasons i find a little bit difficult to understand, it was absolutely determined to strike a blow here. they succeeded i think it's not just amazon it is every other company that will be looking to see what kind of environment if they come to the new york city, metropolitan area. >> yeah. it's arguably not just new york. google and some other companies are facing pushback from san jose in the h

worthwhile debate don't hear an idea of increase in capital gains taxes, something we talked with jim stewart. >> others believe it is not about income -- sorry, not about annual income as much as it is about the already -- the wealth that already has been accrued to a certain extent i do hear from people close to schultz that if he doesn't believe he's in a position to win, to actually win, he will not stay in the race now, it is a long way away he hasn't even made a decision as to whether he's going to run. but they, you know, they make the point that he will not play that role of spoiler so to speak unless he really believes that he actually has a chance to win. >> i've got to tell you, there were people -- i speak at the higher level of the party, the more i get the sense this will be genuine antipathy. >> genuine -- >> antipathy toward schultz. they don't have -- they don't have a lead candidate. >> that's a long way away. we'll see. >> he has news he was too old. but got an older gentleman as president, and it is kind of -- >> they're all really old. >> well, speak for yourself. i take

li jim stewart likes bombay sapphire he taught me to drink it. >> you hear the applause building here, the opening bell from the new york stock exchange take a look at the s&p 500 realtime exchange. floor and decor celebrating its 100th store opening. over at the nasdaq, kaleido sciences celebrating an ipo. >> what is going on with wbc just tell me what the heck. >> with what >> with wbc. it's a takeover. what's going on there? >> i don't know. you've stumped me. >> all right something to watch because there's a takeover every day, it seems. >> there is. yesterday we had that kind of weird offer for versome. typically you don't see cross border hostiles. that was interesting yesterday. >> you've got to keep in mind. why? this is really important there are a lot of people who are not paying attention to the fact that industrials are being taken over industrials. i keep thinking about him saying bad things about ge. >> he was not favorable. we're talking about the very influential analyst at jp morgan he did miss an incredible move, 70% up from the bottom. >> yes, he did >> our conversa

. >> joining us to discuss, jim stewart from "the new york times" and ivan fineseth very good afternoonboth. ivan, start with you in terms of the numbers itself what do you make of them and justifiable move in the stock price? >> oh yeah disney is turning a corner and this is going to be disney's year. >> what in the numbers in particular makes you confident of that? >> espn is picking up. the cable business is picking up the studio had a blockbuster year and they have ten blockbuster movies in the pine li pipeline for this year three of them are probably going to be $2 billion movies. >> looking for criticism, a decent part of the revenue beat did come on the parks line is that something that worries you at all relative to the rest of the business? >> no. the parks are doing well disney dominates the action adventure movie genre with the halo affect of merchandise and the parks. >> jim, i mean, you know the history of disney better than anyone is this disney's year? >> i don't know i go quite that far. i think it takes more than one year to know if they make a historic transformation.

hq2, talk to jim stewart about that and the continuing scandal around bezos himself with raka swishern a couple of minutes. >>> welcome back to "squawk on the street." stocks off highs of the day with the s&p 500 barely holding gains ahead of more china trade talks this week. as we drill to one of the underperforming sectors, it is in energy. this as u.s. crude oil prices tumble to lowest level since mid january. up tick in drilling activity along with refinery fire in illinois, weighing on the index. among the names to the down side, noble energy and occidental petroleum, chevron. worth noting, despite that rally, it is down 50% from recent highs last july i will send it back downtown to you at the new york stock exchange, david. back to you. >> thank you, dom chu at hq. >>> "closing bell" approaches, but not for a little while still, i'm very excited. >> most important hour of the day. laugh on friday, it made the week in terms of gains we were lower for the week heading into the final hour, things turned around, there was buying you get it it is important. also some big names on th

i have a friend, pulitzer prize winning reporter writer jim stewart used best buy to try to get the tv going you're tweeting, i'm talking to you. >> sorry, i apologize. >> what are you tweeting about >> people are annoying me. >> i'm talking to -- i'm on a show, a major national show with you. my wife, national show, you think you're so good best buy is a quintessential example of how you got to beat amazon amazon doesn't care. they're making so much money anyway >> how about the div hikes, 11% at best buy. 22 at dick's 18 at domino's 32 yesterday at home depot. >> funny, you mentioned, i just told my team, i want to have a list of dividend boost because they are extraordinary home depot, we don't even talk about it a company raises the dividend big, that matters to warren buffett. it should matter to us >> i agree. >> you do? >> yes, i do absolutely although germany's beersdorf did not have a good quarter and unilever is down. >> i'm tweeting a picture of my dog. >> i stopped i stopped. i decided not to respond to people who said i looked spo eed about spying. >> we're about to doe t

now they got "star wars" and the marvel they can keep raising prices jim stewart of "new york times"ou. >> thank you >>> now earlier this hour, treasury secretary steven mnuchin telling us both the u.s. and china are trying to find a compromise on trade. >> there are a wide range of issues we're working round the clock. if we can't get to the deadline, it's not because we haven't worked round the clock i think there's a big commitment on both sides to try to meet this deadline and we're working under the direction of president trump and president xi hopefully we'll continue to make progress >> let's get down to the new york stock exchange. jim cramer joins us now. he also said that talks have been productive. how should the markets take this >> well, i mean, i think that i want to hear from peter navarro because secretary mnuchin is obviously very pro deal. larry kudlow, very pro deal. we hear so many things from peter navarro saying we're not going to have this kind of deal. we're not going to give up on intellectual property. we're not going to give up on basically theft. and so wh

here is what chris stewart told cnn's jim sciutto today.i'm quoting, the deal we ended up with now is worse than before the shutdown. point in fact, the president's record in the private sector is littered with ill-fated deals. when we asked biographer dantonio how the latest episode compares, he said, and i'm quoting, the president may have just found a new way to lose, which may explain why he was scrambling to put the best possible face on it first by pointing to another bigger, better number than the one we've all been focused on. >> and we have a lot of options and a lot of things are happening, very positive things. you know, the numbers are almost $23 billion, which you don't report too often. it's about an 8% increase over last year. so if you look at the total funding, it's over -- almost up to $23 billion, 8% higher. >> that's not just for a wall t. covers all aspects like personnel, technology, infrastructure, maintenance, repairs at ports of entry and barrier construction. as we showed you at the top of that $23 billion there's

i mean you had to think about that let's go to stewart in new jersey. >> hey jim, how are you?about you? >> i'm great i've been an action alert member for a year now and it's been real well. >> thank you, man! we help on to that facebook didn't we? what's up? >> yeah. i want to thank you for canopy i took a cue from you. i name my rescue dog canopy. >> out there trashing the canopy and cannabis sector. canopy has the stock >> i'm up 40% on. that thank you mr. cramer. >> yes, we want to help people make money how can i help >> i'm interested in kem >> sure. you're interested in that. >> well, thats an inexpensive stock. i'm going go with you. it's a very inexpensive stock. after the cohorts moved up how about the way that they nail the smh on tuesday night look at the archives if you missed it. let's go to anthony in minnesota. anthony? >> what about mirna. >> you know, i put up with them recently inthe jp morgan conference i'm sticking by that bristol-myers. i think maderna has a lot of work it's a weird period in the ipo market it is clinical stage biotech are we done complete

coming up on the show, jim brown, best football player in the world joining us at the diner. tony stewart walker in great shape. usc a legend in georgia and then a special live interview at the ritz, robert told me he owns the patriots. i need a second source. you came down from how far? who else is on the rest of the show? what is your name? >> you have kellyanne conway, geraldo, stuart varney, doctor ours. >> this sound like a really good show. back to you. a wild three hours. something at the landmark diner that you will be thrilled to see. i am fair and balanced. i'm going to see a time. jillian: coming right back. i'm a veteran and the army taught me a lot about commitment. which i apply to my life and my work. at comcast we're commited to delivering the best experience possible, by being on time everytime. and if we are ever late, we'll give you a automatic twenty dollar credit. my name is antonio and i'm a technician at comcast. we're working to make things simple, easy and awesome. >> he kind of has that quarterback -- >> all going down on sunday. patriots, live in atlanta. >> alm

jim you bailed yourself out. thank you. always my pleasure stewart. right look at this high of the day yes i told you to enjoy this. you are up 1% almost it shall 250 points the dow reached 25,300. and then there is this -- headset fox and friends guy, frequent guest here on this program. getting a lot of attention for something he said on his show over the weekend. about about how often he washes his hands. we're going to tell you all about it and have a little fun at his expense. promise. i wanted more from my copd medicine... ...that's why i've got the power of 1-2-3 medicines with trelegy. the only fda-approved 3-in-1 copd treatment. ♪ trelegy. the power of 1-2-3 ♪ trelegy 1-2-3 trelegy with trelegy and the power of 1-2-3, i'm breathing better. trelegy works 3 ways to... ...open airways,... ...keep them open... ...and reduce inflammation... ...for 24 hours of better breathing. trelegy won't replace a rescue inhaler for sudden breathing problems. trelegy is not for asthma. tell your doctor if you have a heart condition or high blood pressure before