. >> that's what i think is probably the most important here john donahoe knows what happens in thisld and he says wait a second, we're taking back control of our brand. >> there's no surprise on the order there. you hire john donahoe and then suddenly that's the first big move interestingly, there was announcement by data weave in february 2018, they found that there were more amazon product listings for nike than any other clothing or footwear brand and six months later, it dropped to the 11th most listed brand. now, i don't know if that is because nike was starting to slowly pull their own items off of the site or if people were just -- >> or if they were getting rid of the counterfits. >> yeah. getting rid of the counterfeits. getting rid of third-party sellers. >> that's the part that will still be there, right? they still wholesale a lot of stuff. presumably, some of those retailers that get wholesale from nike will still be able to sell it. now, how much of it's counterfeit, will amazon still do work against counterfeits but i just find shopping on the nike site to be just so

john donahoe jumping ship over to move over to nike we worked out of newman being ousted and now gaps are peca tendered his resignation after delivering another failed quarter and full year guidance update ousted execs this year were driven out by profit worries retirement and misconduct with the tech sector and now seeing the highest 2nd highest number of c.e.o. changes this year at $181.00 of 24 percent from last year. or time now for a quick break but hang in there because when we come back technology seems to charge forward daily right with new developments in almost every space shaping the incredible rates but there are technologies being properly vetted before you on the other side of the break we talked with you while still in the bio hard to break down the state of microchips in humans and whether they live up to the hype. and if we go to break here are the numbers at the close. without the ever present and constant dread. of the free money. we would have a day of reckoning and prices would revert back to reflect supply and demand. and there would be a catastrophic trap door o

john donahoe is also part of the network. bei was blessed enough to there between 1984 and 1986, and it was really the most formative experience i had that has set me up for not just my career, but to be honest, my overall life over the last 30 years. i distinctly remember many of my professors as well as my classmates, and what stanford really grounded me in was this notion of leadership rate it was a phrase i first heard at stanford. it resonated with me. a former dean of stanford, that is where the phrase came from. if i would say there is one guiding principle for the last 35 years since then, it's been a real inspiration toward this notion of leadership. is certainlylley developing, a far cry from where it is now. why did you go west? >> i knew i wanted to go to stanford. in 1982,or in college stanford was known for teamwork. withs known for working others paired that was attractive to me. i played sports my whole life. i hadn't been in business, but i knew a team approach was what i wanted to do. that was the reputation

and later, nike dumps amazon as the new ceo and former ebay head john donahoe makes his first mark on that company "power lunch" starts right now >>> and welcome to "power lunch. i'm melissa lee. we're looking at the markets right now but this is not telling the entire story intraday, that's the story we went from session highs in fact intraday all time high on the dow industrial to a low. on a dow jones headline about u.s./china trade talks hitting a snag over farm purchases we'll get the latest and monitor the latest reaction for you. >> thank you, melissa. >>> we're going to go now to washington and kayla tausche who has been following trade for us for many months now and has the latest headlines and some context. kayla? >> well, tyler, the headlines that are moving the market lower from "the wall street journal" which says that china is balking at putting a specific dollar figure of agricultural purchases into the deal text remember, this was supposed to be a good will purchase primarily centered on intellectual property selections and stopping china's practice of forcing technolo

the announcement comes after the hiring of former chief executive john donahoe as its next ceo. as its next ceo. that signals the company is going even more aggressively after e-commerce sales. as hong kong protests are causing more problems for cathay pacific, they said seven half results will be significant lee lower than in the first. inbound traffic to hong kong fell 35% last month. the christie's auction in new sold -- itden hippo was among the corgi are items sold during the -- among the sold.er auction that alix: i don't get it. doesn't heat up? does it move? lots of questions with the golden hippo. we turn now to wall street beat. up,t up, m&a musts -- first unicredit m&a musts. then, schwarzman's six cents. six cents --s schwarzman's sixth sense. alibaba's hong kong listing. joining us is sonali basak. i love this part from unicredit's ceo. i am going to play a quick soundbite about m&a and what he needs to see to get on board. >> today, with the share price of banks depressed, it is very difficult to do. you need to ensure capital when you consolidate. for us at unicre