-kelly: hi. patrick: hello. marcus, this is my sister, kelly. -kelly: hi, marcus.lemonis: hi, kelly? kelly: pleasure to meet you. yes, kelly. -lemonis: nice to meet you. -dan: hi, i'm dan. -lemonis: dan, nice to meet you. -dan: nice to meet you, marcus. lemonis: so you guys all wear the stuff? -dan: yeah. -kelly: yeah. lemonis: now, is that a "ladies" body? kelly: yes, this is a "ladies" body. -lemonis: okay. -kelly: yeah. lemonis: i was surprised how small the "ladies" section was in comparison to the universe of fashion. kelly: i would love to do more feminine styles for girls and tweens. i think there's a huge opportunity there. lemonis: how much business do you do overall? total company. patrick: well, in 2014 we did $1 million. last year, we did $900,000. and now this year, 'cause of all the situations we're having, we're on track to do about $600,000. patrick: you know, one of our biggest retailers that we work with, kitson, is closed. lemonis: how much business did you do with them on an annual basis? patrick: on an annual basis, about $300,000. -lemonis: an

>> i, kelly. great to be with you i think the market has been on edge ever since we had a strong rebound from the march lows, and a lot of that was subject to the economy reopening and policymakers coming at the market and the economy full force, and we had both of those, so we had a nice snap back in the market but after a 45% rally over two and a half months, the market is rightly taking a step back and pausing and saying, you know what the speed of the initial reopening has been great, but what's the pace and strength of the recovery going forward, and if we're going to have these kind of stop and start economic situations because of the virus, like apple shutting down their stores in a couple of states, then that's something that investors are trying to digest and figure out what that means in the next few months so to see a little volatility like that is to be expected. >> randall, the stocks that you like, can that continue no matter how extensive this reopening is >> the hardest thing is fo

let's listen to john kelly. jim mattis believes the president is too quick to use the military after the protest. the president should respect the constitution, listen to the point john kelly makes. >> he's quite a man jonah mattis, for him to do that tells him where he is relative to the concerns he has for our country. >> do you agree with him, john? >> i agree with him. i think we need to step back from the politics and look harder at who we elect and we need to start all of us regardless of what our views are in politics and look for people who are running for office. what is their character like and what are their ethics? >> remarkable words but to come from a general who served in the west wing with the president of the united states questioning his ethics and character. >> we have all --s can you hear me? >> you are good. >> we can hear you. >> hello? >> can you hear me? >> i can hear you now, julie. >> as you mentioned there has been so many of these moments whether there is going to be a breaking point

kelly, i will send it back to you. apparently, kelly, the show will go on. we just have to wait until next year for it. >> they bumped it back a few weeks. i don't know what difference that's going to make >> i haven't watched those shows in a long time >> nor i, rahel, thank you very much >>> turning down retail, the pandemic has left many of america's malls reeling and that's having a big impact not just on the companies that operate them but the towns that depend on them get this, malls and shopping centers across the country provide $400 billion in local tax revenue each year. for more let's bring in cnbc's lauren thomas who just wrote an article on the ripple effects of these closures lauren, i guess the best we can hope for is a swift reopening, but again, i wonder how much of that revenue is predicated on malls going back to where they once were, and even with airbnb, i wonder when that's going to be >> reporter: sure, kelly, and thanks for having me that $400 billion figure each year, that's a substantial amount of money that malls and shopping cente

l liam, welcome. >> thanks, kelly >> okay. are planning to work from home are we talking a few months or could it be much more longer lasting? is. >> first we asked them which policies they put in place as a result of this that started when that was a policy you could put in place, prior to there be more of a government mandate that this is happening. right flow almost all companies have employees working from home we describe that as an expanded or universal work from home policy we basically asked them, do you expect the policies to remain in place long term or perm northwesternly two thirds of businesses expect expanded work from home policies to remain in place >> one of the questions i was going to ask, because it has implications for commercial real state. obviously more people from working from home seems to lessen it. are companies going to need more space? >> yeah, there's two things from the survey that talked about that one, we did ask, do you plain to reduce your office space almost half said yes about 20% said the

. >> kelly, it's always yours. >> scott, thank you very much. welcome, everybody here's what's ahead this hour. you think with all the chaos this year, the markets would be deep in the red, but they're not. in fact, the nasdaq is up 8% since january 1st. we'll look at who else is up, who's down, and who you should bet on plus, the rent is due for many retailers and it turns out many aren't paying and now the lawsuits are starting. we'll look at the chain reaction this could have. and buckling up and rolling the dice airlines are seeing some bullish signs and gambling is back in las vegas. we have full details of both of those ahead. we begin with today's markets and a new record for the nasdaq 100. >> it is a new record, indeed, for the nasdaq 100 the biggest of the nasdaq composite stocks we hit it earlier, but we've since pulled back and all the major industrials have as well the dow industrials swinging to a modest loss right now, down 87 points the s&p 500, off one-half of 1%, roughly 18 points to the downside this is an area of slowing mome

kelly?ere's bigger implications, robert, though, if people are leaving the city, especially for the tax base >> so here's how the pain cascades down. you've got the wealth destruction at the top, of course, but property taxes are the number one source of revenue in new york city $30 billion a year from property tax. if that declines, you've got less hospitals, less police, less fire, less for education. if all of those services and jobs get cut, new york city becomes even less attractive you've got property prices and deals falling even more. and that begins a spiral that could be very worrying, even harkening back to the 1970s, if we get there >> yeah. robert, thanks very much robert frank looking through some of the implications, if people flee the cities tyler? >> all right, kelly. and thank you, too, robert stocks are at session highs, folks. the nasdaq little more now than a percentage point off its all-time high, if you can believe it stocks shaking off coronavirus and the nationwide p

remember, this group has surged, kelly.otable laggards today, would include amd, micron, qualcomm. i just spoke with susquehanna's chris roller he said the space is a bit overbought what is he telling clients right now? , the 5g trend, marvel is a play on the infrastructure side he says if the tip continueses, he would -- that would include names like texas instruments. >> and it is beautiful there, josh, thank you very much. >>> shares with regen ron hits new highs. they have begun -- and said they could know one two months whether or not it's effective. moderna is starting the final testing stage, which would involve 30,000 volunteers, but a vaccine that works is only one part on that note, let's about ink in meg tirrell. meg? >> hey, kelly, well, there's a question about when we get a vaccine, if we are lucky enough to get one, will we have enough materials to manufacture them for the entire world one of the key components there, of course, are the glass vials that the vaccines go in, varta announced a grant this week fo

so, kelly, pretty frustrated dr. fauci you're seeing right there >> me g, what do we know about hospitalization rates and death rates, not just the cases but the severity and how close we are in terms of getting overwhelmed? >> yeah. it's different in different areas. you are starting to see the hospitalizations start to rise both nationally and concerningly in areas with this biggest spread of course we have been hearing about houston reaching its capacity normal icus going into surge capacity you are seeing hospital capacity going down in these areas. and it's another thing we talked about. even though younger people are making up a bigger bulk of those getting diagnosed it doesn't mean they are immune from being hospitalized or they won't go on to spread it at higher risk of hospitalization or death so we are all in this together and we all need to be careful >> yeah meg terrell there. we are tracking the rise of covid cases across the country hospitalizations in florida have more than doubled since the state reop

kelly?on alex power, your home state ohio is one of the places kind of getting on the map unfortunately, hospitalizations up for 30 straight days if that kind of helps explain who is most at risk here. >> yeah, it's just so tricky to see what's going to happen, and as your earlier segment was talking about, the hospitalization rates are actually going to be somewhat of a lagging indicator when we're talking about infection. big decisions have to be made here about what you're going to do here to protect both your workers and the shoppers in store, and it's really a shame, because obviously not only did we think as a country we were healing from this health crisis perhaps, but some of these retailers were reporting better trends traffic shoppers said, yeah, traffic is down, but it was down 83% earlier in the crisis. so shoppers were coming back out in some areas of the country we'll see what happens >> one more thing, courtney, real quickly, i'm thinking about apple who made decisions to clos

you got green shoots, kelly, right? >> more than >> new business applications, business opening, tremendous housing demand, apple mobility index showing people are traveling again. automobiles are absolutely going to explode if we keep some restrictions on liability insurance. you're going to get restaurants opening everywhere folks are going to return to work i think they're all anxious to do so. i still reference the congressional budget office, roughly 20%-plus in the third quarter. i think you'll get another 20% in the fourth quarter and the cdc has the big '21 at 20% having rebuilt this economy once, i believe, under the president's leadership, we can rebuild it a second time the hurricane and snowstorm and hopefully, prayerfully, the virus is passing, and we get back to the incentives that gave us such a terrific economy >> larry, one of the clearly worst parts of what's happened over the last couple months has taken a much worse toll on the african-american economy the unemployment rate fell in the last few month

kelly, one more quick question. remarkable the similarities here to manny pacquiao in the philippines. does mr. james have any political? aspirations jason: he certainly has flirted with that. he is one of the most popular figures in the world. he is certainly popular back in ohio. he has talked to me and others about owning a team someday, but i would not rule politics out. tom: jason kelly, congratulations. we will be playing highlights of interview. mr.nsive interview with james and mr. carter on the business enterprises and the state of the nation as we know it. extraordinary thursday, not only jobless claims at 8:30, but the new donning orders of a new and different pandemic in america. this is "bloomberg." ♪ francine: tom: good morning, everyone. mixed markets. there's no question jason kelly's interview with lebron james is a big deal at this moment for this nation. i'm going to be honest, folks, this is the interview today. if you're worried about the pandemic, whether you are in delhi or tokyo or the united

let's bring in meg terrell meg, what do we know at this hour >> hey, kelly. well, a milestone we're approaching tomorrow the w.h.o. says tomorrow marks six months since it was notified of the virus in china. we've surpassed 10 million cases worldwide. they said we are seeing concerning spikes even after places have taken unprecedented efforts to try to contain the virus. here's what he said. >> some countries are now experiencing a resurgence of cases as they start to reopen their economies and societies. most people remain susceptible the virus still has a lot of room to move we all want this to be over. we all want to get on with our lives. but the hard reality is this is not even close to being over >> so emphasizing that we need to be doing the testing, isolating, contract tracing. here you can see various states have paused their reopenings or reversed some of the reopenings. california over the weekend joining texas and florida in closing down bars in some counties as you mentioned, new york considering slowing the reopening of indoor dining and malls i

>> hey, kelly.a look at shares of grubhub surging nearly 10% on a report from cnbc's alex sherman that the company received interest from two other potential acquirers, european food delivery companies delivery hero and e just take away.com and said that the talks with grubhub they continue with uber and could strike a deal the largest combined player here in the u.s. but they're european players so that could take away some of those anti-trust concerns that have been arising over speculation of a grubhub/uber deal and shares up nearly 10% in the session. >> thanks. that would be an interesting one. grub another big mover among the many today. >>> let's get to sue herera for a news update. >> hello, everyone hee's what's happening at this hour moments ago the city of minneapolis agreed to ban all chokeholds by police and require any officer who see the use of unauthorized force to intervene and report it. >>> in buffalo, new york, a criminal probe has been launched into two officers seen shoving an

kelly, back to you >>> thank you, rick. coming up, we're looking at some stocks benefitting as americans are stuck at home. auto zone, advanced auto parts, o' riley up 30%. people are working on their cars those gains are nothing compared to our mystery chart 3%. stock is up00 we'll talk to its ceo and reveal it, coming up. >>> millions of americans having lots of new found time on their hands have deled of into hobbies and for some that means working on their cars. for the auto parts retailers, that has been a welcomed boost to business during the pandemic. dominick has more on that story. >> as much much as it could be a hobby to some people, it may be a necessity for some as well even though auto mechanics are considered an essential business and much of america, it's still didn't prevent americans from going out and taking care of their cars and that means spending money on those purchases. so first of all, take a look at the consumer discretionary sector overall this particular etf that tracks it, the spider etf versus

nasdaq, new record highs for apple and amazon and microsoft and facebook, and that does it for us kelly picks it up right now. >>> thank you, scott, and here's what's ahead, everybody. it is the valuation debate with those new records scott was just talking about, it's the nasdaq, the tech etf, the software etf is this whole sector getting too expensive? >>> plus it's the balloon that just keeps growing rising corporate debt levels could be a threat to the global economy. we'll look at the biggest threat and who is most at risk. >>> a real winner for the state trade. game on for baseball and the ivy league says no to testing. dom chu is here with the numbers. >> you reeled off a list of stocks and scott did as well who would have thought we would be at record highs, kelly. that's exactly what's happening right now. we'll put it right off the bat for the nasdaq and the nasdaq 100. doubt industrials were up about 290 points at the highs of the session, so we're kind of there. still, though, a generally positive day for the market. we'll see if that continued momentum picks up again. now,

here's the key, kelly. if you're looking at it from a short-term gain, that's a gain that's tough to play if you look at it from a o one-year time gain, that's about the time we're having a vaccine, so i see this as a pullback as opportunities in stocks that may be way oversold. >> it's ridiculous, barry. all of us want a vaccine, yet it seems kind of silly to hope for that and use it as some kind of strategy but do we have a choice? barry, what are your thoughts on this market? >> i'm sorry i didn't realize you were coming to me. no, as far as a virus goes, look, there's been this adage from the politicians we're going to follow the science. okay, well, if you're following the science, the science no longer supports from places like johns hopkins shutting down the empire economy the science supports masks so if there is another round of outbreaks, and i don't accept the idea that there really is. hospitalizations in texas compared to 29 million people in the state are still not really all that high, but th

kelly, read us this book.n organized this class project around it that was so incredible, it caught the attention of the national news media. >> we thought we heard the angels sing, about servicemen who ditched a plane in the south pacific. >> reporter: mrs. kelly got us to write to the survivors and invite them to a reunion in iowa. >> i think they're very brave men. >> reporter: that was me before my voice changed. mrs. kelly went way above and beyond. >> you can't do this kind of thing without having a lot of teamwork. >> reporter: and touched countless lives. i was reminded of mrs. kelly when i heard about what this teacher is doing with his students. >> my name is jacob izzo. in my normal life, i'm a middle school choir teacher in new jersey. people say that they're called to do something. i know by far i'm called to definitely teach. >> all schools in the state will be closed beginning on wednesday. >> the thing that scared me, seeing the news that there is a shortage of face shields for our responders.

kelly evans takes over now >> thank you, scott. the nasdaq is hitting fresh all-time highs with the s&p at 25% now since mid-march. with realtors having a field day, is this market topping out? >>> investor baron elon musk saying tesla will top an all-time high. will he be right >> hospitals are reporting escalations. dom chu with the numbers dom? >> you can see over the past couple months a massive surge in stocks, but today the dow industrial is down about 200 points but at the lows we were down about 421, so well off the worst levels of the day so far the s&p 500 off about one-half of 1%, but the composite one-half of 1%, amazon as well the russell 2000 outperforms in june the ipo market continues, and it's hot vroom, not cloud computing, not any kind of video conferencing system, but online used car seller up 110% these guys had an ipo today $22 per share above the expected range. you can see a big move higher, 110% we'll see if that momentum sticks around for that high-powered market. it is for now, at least. back to you. >> m

kelly? >> that's always the question. bob, we appreciate it. good to see you, sir bob pisani with the latest there. >>> it's been a buying binge for corporate trading. it's a new milestone and that's just investment grade. are we setting ourselves up fire very slow economic recovery because of this? joining me is ceo of strategis and jerry. chris, i'm going to start with you. it's a good sign these markets are functioning that all these debt sales are going off, but should we be worried that a hangover is coming >> i think you're right, it's very positive that the bond market is functioning as as wwea it has and that it's as robust as it is the markets have done so simply as a preemptive measure. obviously there is a great deal of uncertainty brought on by covid, the health crisis, which led to the economic downturn, and as a result the worst thing any company can find itself, the worst situation they could find themselves is the case where they're short of cash, short of liquidity. many of

representative at the united nations kelly craft u.s. ambassador kelly craft that will be interesting obviously the one security council member which we know backs israel's position of. already though we

kelly, it's loud with the sound of construction around here. >> yeah.ht that would be so reassuring quick question, contessa companies under phase 1 are still -- there's not any major breakthroughs for the office, right? they're still saying, basically, i think 25% capacity >> reporter: yeah, they're asking companies to keep their workers at home if they can and work remotely. they're also saying if you need to bring people back, we want you to do it in a staggered way so they're not all hitting rush hour at the same time. so, for instance, the mta was expecting some 85% of pre-pandemic levels this morning for the rush hour on the subway. they had seen it plummet to 90% during the height of the coronavirus. wow. >>> contessa, i want to ask you about las vegas where there were crowds this weekend. >> reporter: we saw some videos posted on social media that really raised some questions about social distancing, but remember, the guests are not required to wear masks in these las vegas casinos. they're being offered. we know the people who stated the wynn w

kelly, youeman, ms. talked about this confusion in your testimony and i was wondering -- as people look at small business, none of us want to spend any time in the past, certainly not the last four months, but as we go forward, what are some of the solution both of you think the sba can implement moving forward to protect the ppp program? there's still roughly $90 billion other. so we can help with the money we currently have authorized that we can currently help the small businesses that are out there. ms. kelly, you want to go first? >> absolutely. you know, the recent passage of the ppp fa was great. i applied to increase my loan and unfortunately, i was notified by the bank they changed the field goal. they had already submitted their 1502 and i was approved for a certain amount of money, but then i was denied. i would like that to be revisited. and smallrs businesses, none of us that this would last longer than eight weeks and here we are. >> dr. coleman, could you give us your thoughts? >> you need

>> reporter: that's right, kelly.rk zuckerberg hosting this meeting for the employees starting in just a few minutes and this meeting is private but we do expect a substance of the q&a to leak out. what will be in focus is company's decision not to flag president trump's post including, quote, when the looting starts the shooting starts, that decision prompted a digital walkout of hundreds of employees yesterday. sources tell me that employees are working on a list of specific demands for the company. last night zuckerberg and cheryl sandberg spoke with leaders of three civil rights groups and said they were disappointed and stunned by the explanation here's what color of change's robinson told cnbc this morning. >> this is a representation of work that we had thought we had done together and then when the crisis hit some of the things we had achieved, the policies we had moved, have been thrown out the window >> reporter: facebook responding, quote, we are grateful that leaders in the community took the time to share

i'm kelly evans. we continue our coverage of this sell-off, the dow dropping about 800 points near the lows of the session, as the average case of covid has jumped about -- take a look at the laggards dow, boeing, disney, and tesla is under pressure we've been those -- but tyler, over to you first. >> thank you very much back in the kitchen today. the dow on track now for the worst day in a couple weeks. the nasdaq snapping an eight-day winning streak if we close where we are today bob pisani now has more on the markets. bob? >> very tricky moment here, tyler, right near the 200-day moving average technology has the leader what's the problem there's a number of issues the coronavirus story is the most important it's not going well. we have infection just outbreaks, some threats from governor cuomo to close things down, tariff tensions are still out there. that moved the markets prior to the open valuations are still high. energy stocks up and then down same with the banks here $12 to $16 honeywell, an

. >> see you tonight at 5:00 "the exchange" with kelly evans starts now. >>> thanks, melissa. see you soon hi, everybody. today it is crisis in america with protests rocking the nation from coast to coast just as cities were starting to reopen we look at the economic impact and corporate america's response as ceos line up to call for change >>> markets try iing to climb the wall of worry. where investors should focus attention. >>> eli lilly starts to test a groundbreaking covid treatment and america marks a historic day in space dom chu has the numbers. >> it is incrementally to the upside for right now it is not a massive gain but the dow industrials up about one quarter of 1%. the s&p about a third of 1% and the nasdaq up a little over half of 1%. green across the screen. take a look at the theme to see develop in the course of the year so far. severe underperformance at one point of the emerging markets and starting to exacerbate a little bit more here against the s&p 500. we can see the u.s. is still and remains a safe haven trade for equities in the world and then check

so kaitlan, first to you, any response on john kelly's comments today? >> reporter: not publicly at least. there are a few officials talking about it behind the scenes. but it is just so stunning, brooke, to see and i'm not sure this is ever happened where you've seen the former chief of staff and former defense secretary come out while the president is still in office and offer such a staging assessment of his leadership. and if you cover the white house and talk to white house sources these are things that general mattis and john kelly have been saying behind the scenes for sometime since they left the white house. neither of them left on good terms. mattis resigned in protest over the president's decision. kelly was pushed out of the job for someone else to take over because he and the president were on such bad terms when he was leaving that they were barely speaking to one another. but to see them come out publicly and say this and for kelly to say he agrees with mattis, questioning the president's leadership and saying there is a lack of leadership

kate. >> kelly o'donnell at the white house for us kelly, thank you >>> tropical storm cristobal has made landfall on the gulf coast with a dangerous mix of high wind and pounding rain, even a tornado. the storm surge already flooding some areas, and it's only going to get worse. kerry sanders reports from new orleans. >> reporter: in new orleans tonight, extensive flooding along the lakefront. the city's massive flood control much of it rebuilt after hurricane katrina, now being tested. >> i've got a feeling for new orleanians. it's always on our min minds. >> you don't need cristobal to remind you what you're up against. >> absolutely not. >> reporter: tropical storm cristobal, unprecedented named system now seven day old, the impact stretching from the gulf coast from tampa to new orleans in orlando today, cleanup. this, after an f1 tornado spawned by tropical storm cristobal ripped through a neighborhood. >> oh, my god. >> reporter: the twister began as a waterspout. once over land, the tornado packing winds of up to 105 miles per hour ripped roofs, downed power lines, smashed ca

the man in the middle is william kelly. the man on the left is the soviet official, the secret police guy, from moscow. the guy on the right is the local official. kelly did not have a very good opinion of these two individuals. that smile on his face, i think, says a lot. the supervision, the obstructionism of the soviets exasperated the relief workers, who found most soviet officials not up to the job. these are former, something other than government officials, who after the revolution inherent or come into very big jobs. the a.r.a. men realize that they just can't do it. they see themselves very much in herbert hoover's image. they are engineers executing the business of relief, and they were also spreading the benign influence of american efficiency. and for me, fascinating, and i write about this in the book, peculiarities of the russian environment seem to have magnified the crusading spirit of the relief workers. there is zeal for spreading their particular idea of civilization, for how things work. they grew more f

>> thank you, kelly, for the presentation. i guess the question i have is, yes, we really have to look at a possible reduction in services, tighten up the belt and everything else. and second, you're having a hiring freeze, means that similar sources will be [inaudible] other than others. at the same time, how do we have this discussion knowing that prior to the pandemic, i was -- there was a lo of support from the board of supervisors and the mayor herself to be dealing with or to improve our system in regards to mental health services. how do we balance that, knowing that no one hand cut or don't expand or start any programs knowing what we know. but this is such a big need. >> that is a great question, president yee. i think particularly with mental health. it's not so much about kitsing -- about cutting but changing the way services will be provided. they won't be provided in a traditional setting. they might be provided to those in hotels. and these are services that they already have in place to make sure that they're ge

>> thank you, kelly. great to be on your show yes, for a long time i've always looked at myself and people like me, you know, who live examples of how the close relationship between the u.s./china can benefit individuals. i remember in early 2011 when i went to the chinese consulate in new york applying for journalism visa in order to go back to china to practice independent journalism you know the visa officer just look at the application and said something like that, oh, we have never seen applications like ours because he was -- she was referring to my chinese background so anyway there are a lot of people who are like me because the years of engagement between the two economies whose straddle between the two countries. but by now, you know, i have become the collateral damage of the worsening of the relationship many people in china call people like me today -- which means bomb ashes >> wow. >> it's quite, you know, for me personally, it's just amazing experience i looked at the history but i also, yo

kelly? >> stocks are down about 1% or so on the news is that because a lot of this was already baked in >> it was, and because they reported yesterday after the bell it got a big jump in the after-hours trading and it may be some project taking the stock has been doing well in the last day or so because people were expecting this beat coming we saw more applications to purchase a home jump as well, so a lot of this may have been baked in >> at what point does this translate into rapidly rising home prices? >> well, that depends entirely on the existing home market. that's the key here. if we get a lot more supply of existing homes for sale, then prices will ease up a bit. but we have no signs of that happening any time soon, and the builders, while they want to ramp up, they haven't ramped up fast enough. so with all this tight supply and so much demand, that's when prices keep going up >> it's one to watch echoes of the past a little bit. diana, thanks so much. we appreciate it diane olich

kelly? >> the market is shaking off reopening fears as coronavirus cases continue to rise in places like texas, arizona and florida with a shift toward a younger demographic. meg? >> reporter: hey, kelly, we are seeing those hot spots in those states that you mention. the case doubling time, the metro area are seeing those fastest rises have remained constant in phoenix, tampa, san antonio and austin those red states are the ones seeing the fastest courts, the green areas seeing the fastest slowdowns. states are anecdotally reporting a younger population making up the majority of those testing positive data from florida showediing th median age has declined from 65 in march to 35 as of the middle of june. there is hope be cited among governors that perhaps that will mean better outcomes in terms of hospitalizations and the death rate but we are seeing a number of hospitalizations go up among younger people in places like dallas dr. gottlieb pointing out as well dr. fauci issued a warning tha

representative at the united nations kelly craft u.s. ambassador kelly craft that will be interesting obviously the one security council member which we know backs israel's position of. already though we have heard from the likes of nickell who is the un's middle east peace envoy. who is the arab league secretary general but 1st it was the u.n. secretary general and tony a good terrace he summed it up in calling for nothing short of israel abandoning its annexation plans. if implemented and accession of course into the most serious violation of international law grievously harmed the prospect of a to spend solution and the current possibilities of a new will of negotiations. i call on the israeli government would ban is an exception class. so has time space out diplomatic editor who is listening to that along with those early speeches we heard james what was your take on it. well we have the secretary general very strong comments we heard those backed by his man who's based interest in the north and by the secretary general of the arab l

kelly. each witness will have the opportunity to present their testimony to member will have an opportunity to question the witness for five minutes. we respect laos witnesses to summarize their testimony in five minutes. your written comments will be made part of the hearing record. i ask unanimous consent the non-subsidy members be allowed to stay and ask questions after all the subcommittee members have had the opportunity to ask questions. without objection, so ordered. but we welcome our first panel. retired colonel don christensen is up or take their defenders and brenda farrell management team of the u.s. government accountability office. ms. farrell is joining us via webex. welcome. let us begin with colonel christensen. see mature woman speier distinguished members of the subcommittee thank you for the opportunity to appear before he took salmon the issue of racial disparities in the military justice system provider country the military has a long history of mistreating racial minor

"closing bell" starts right now. >> thank you, kelly and tyler. and welcome, everyone, to "closing bell. i'm sara eisen along with wilfred frost. stocks rofrpd recovered on a choppy day of trading. let's see what is driving the action in the final hour fears of a virus resurging texas pauses reopening and apple close sometimes stores across florida. a rollback of some banking regulations in the u.s. has financials rallying today. and jobless claims claims remaining above one million for the 14th straight week 59 minutes left until the close. when investors will get a slew of news. ni e

kelly. each witness will have the opportunity to present his or her testimony and each member will have an opportunity to question the witnesses for five minutes. we respectfully ask the witnesses to summarize their testimony in five minutes. your written comments and statements will be made part of the hearing record. i ask unanimous consent that nonsubcommittee members be allowed to participate and ask questions after all of the subcommittee members have had the opportunity to ask questions. without objection, so ordered. let me welcome our first panel. retired colonel don christiansen president of protect our defenders and brenda feral director of defense capability and management team of the u.s. government accountability office. ms. pharrell is joining us via web ex. welcome. all right. let you begin with colonel christiansen. >> chairwoman spear, ranking member kelly, distinguished members of sub committee, thank you for the opportunity to appear before you to examine the issue of raci

kelly joins us next.his is bloomberg. ♪ zoom reported a 170% increase in first-quarter revenue and maintained a forecast for the year, expecting 500 million dollars in revenue. i spoke with the chief financial officer kelly steckelberg about how the company will love up to high expectations the rest of the year. kelly: we are fortunate we added 500 customers in a market with greater than $100,000 of annual recurring revenue. these are customers that commit to annual or multi-year agreement. so we do have greater visibility than some companies do in future revenue. indicated,as we have q4 could be flat because half of our customer base were on monthly contracts. there's a little more potential volatility around those customers and uncertainty around how long the pandemic will last. is there economic uncertainty? it is uncertain as to what the long-term economy looks like. that is why we are guiding flat for q3 and a4. vaccine,til there is a and people are tired of zoom, at what point is that? what does it

"closing bell" starts right now. >> thank you, kelly and melissa.everyone, to "closing bell." i'm sara eisen here with wilfred frost. will stocks struggling after recovering from early losses with the nasdaq and energy stocks outperforming let's look at what is driving the action one hour left of trade. the u.s. still seeing worrysome increases in the number of coronavirus cases. threatening the economic recovery despite that reopening plays like hotels and cruises are getting a jolt today that trade continues to stabilize along with big tech stocks and jobless claims disappoint another 1.5 million american

kate >> kelly o'donnell thank you so much. >>> now to our other headline tonight, a record high surge in coronavirus cases across the country it is so bad in one northwestern county, they are running out of icu beds. one florida mayor suggesting the whole state may need to shut down again kathy park reports >> reporter: tonight the white house is preparing for the possibility of a second coronavirus wave. >> we are filling the stockpile in anticipation of a possible problem in the fall. >> reporter: as new infections rise across the country from oregon to south carolina in washington state the governor says yakima county hospitals are overwhelmed with sick patients. >> icu patients are being transferred to seattle for lack of capacity. >> florida reporting 13 consecutive days of more than 1,000 new cases. in response, the department of health advising all floridians to wear masks when social distancing isn't possible miami's mayor saying the state shouldn't rule out another stay-at-home order. >> can't take anything off the table. some of the number we're seeing are incredibly alarmin

thank you very much. >> let's go over to kelly.his might be the career highlight. we're talking about sending people to space, sending chicken to china and why square hit another new high all of that coming up in market movers flexshares may look simple on the outside. but inside every etf... there are untold hours of careful construction... infinite "what ifs?" and contingency plans. creating funds that help target gaps in client portfolios. tap untapped potential. and strengthen confidence in you. flexshares. powered by over a century of investment expertise before investing consider the fund's investment objectives, risks, charges and expenses. go to flexshares.com for a prospectus containing this information. read it carefully. ♪ yeah ♪ ♪ y-yeah ♪ ♪ yeah ♪ hey, hey can i find an investment firm with a truly long-term view that's been through multiple market cycles for over 85 years? with capital group, i can. talk to your financial professional or consultant for investment risks and information. >>> welcome back as promised, le

kelly. >>> thank you very much. let's check on the markets right now.sales numbers showing a bounce back in consumer spending. we're up 552 points. we'll ask tilman what he is seeing is the nba season really coming back the players are saying they don't want to play it's tilman tuesday on "power lunch. stay with us we'll see if he's right. ♪ [shouting] [clapping and shouting] [cymbals clanging] [knocking] room for seven. and much, much more. the first-ever glb. get 0% apr financing up to 36 months on most models, and 90-day first-payment deferral on any model. a lot goes through your mind. with fidelity wealth management, your dedicated adviser can give you straightforward advice and tailored recommendations. that's the clarity you get with fidelity wealth management. and tailored recommendations. that's it. i'm calling kohler about their walk-in bath. [ sigh ] not gonna happen. my name is ken. how may i help you? hi, i'm calling about kohler's walk-in bath. excellent! happy to help. huh? hold one moment please... [ finger snaps ] hmm. the kohler walk-i

kelly agreed. i mean, that is a big deal, coming from the president's former chief of staff, anthony. >> yeah. well, listen, i mean, if you saw the interview, i mean, it was very straightforward. i don't -- i don't necessarily think the general was trying to break news, as much as he was just trying to express his patriotic feeling about the country. and also to explain to people that the american military holds the constitution sacred to its heart. and they take an oath, every time they're promoted, to that constitution. and i think the point that him and general mattis, admiral mcraven, these great men in our country are making, is that the institution of the constitution and the great institutions of the united states are more important than one man. and so the notion that our military or national guard would be used and we're pursing between smoke canisters or teargas to clear way for a photo op. i think was a real low point of the presidency. and so i think that was a very important statement

soil kelly cobiella >> reporter: burning cars and riot police on the streets of many u.s.ties appeared on front pages around the world over the weekend and demonstrations were organized in countries that are some of the u.s.'s closest allies, including in britain, thousands showed up at trafalgar square marching, chanting no justice no peace, holding placards with signs in solidarity with the protesters in the united states at one point marched to u.s. embassy, surrounded by police officers for protection. mostly peaceful, about 23 people arrested some of them for preaching lockdown rules but again, mostly peaceful there slightly different in brazil though, another demonstration sparked by the events in the united states. protesters demonstrating against the treatment of blacks in rio's working class neighborhoods using same slogans like black lives matter at one point tear gas was fired at protesters and some shouted i can't breathe. those tragic final words of george floyd calmer scenes in different cities in germany over the weekend but more protests there in solidarity

kelly, do you know him? -he's a new friend. you ok? you know you can tell me. i'm ok. oh, i trained her in the car. she's not gonna break. [ laughs ] >>> in a "washington post" op-ed piece, four legal experts warn this. trump's authoritarianism in the streets is being matched in the courts, where every legitimate party gets to make every legitimate argument are the last bastion against authoritarianism. your president threatens to invoke the 1807 insurrection act. the americans may need robust courts more than ever. a veteran of the justice department who as acting solicitor general was the obama administration's top lawyer before the supreme court where he has argued 39 cases as a lawyer. neil, it strikes me these dismounted infantry in addition to covering their insignias are covering their faces, it doesn't look like us, or our country. what happened to normal and back to the piece you have co-written, how has the justice department set us for this conflagration of issues and circumstances? >> i mean, it's so sad, brian. the one time i have ever seen police with the

we appreciate it kelly. >>> tyler, thanks.re's turmoil inside facebook as some employees stage a virtual walk out as mark zuckerberg is getting backlash for his response to the president's use of social media. julia has more for us. what do we know at this hour >> well, kelly, we know that some facebook employees are staging a virtual walk out today. it's unclear how many employees are participating but one employee tweeted out, i will be participating in today's virtual walk out in solidarity with the black community inside and outside of facebook. hashtag black lives matter we have found a handful of these tweets this comes after a number of facebook of employees tweeted. facebook issued a statement in response they agree with leadership. the management that is scheduled for tomorrow it was originally set for thursday a six-figure deal with facebook. we'll see what other kind backlash they have to deal with. sg mental health app and comp y company. this says he doesn't support and it's probably bigger blow than facebook >> i

alameda county sheriff's deputy sergeant ray kelly. >>there was definitely a change the tempo her fewer effect last night. we definitely saw a decrease in criminal activity. the looting and so you know her criminal activities are going on for several days, the first night of a curfew did not go down without controversy. >>oakland police say the people you see in this photo were arrested after they were given multiple orders to disperse. however there are multiple post on social media accusing police of arresting people before the 8 o'clock curfew. >>that's untrue. we interrupt people start curfew. >>they were tear gassed and 20 minutes before air. the curfew actually went into effect. >>executive director of oakland kids first lucas brett the miser says 2 of his students were among those tear gassed, but they were not detained these young people were in an impossible situation and they didn't deserve that they deserve our admiration. >>they deserve us applauding them for their leadership and not putting them in face to face with police

and with that now you're up to date on your news i'm sarah kelly and . good morning website www dot com you can also follow us on twitter and instagram . i'm sarah kelly thanks for watching take care and. the meal. will complete the 2nd season home of. the planet on the brink oh disaster we did a long interview experts about one person. but the reason.

great to speak but, kelly, kelly lytle hernandez, professor, thank you. >> thank you for having me on. >>> now, on wednesday, george floyd's brother is going to testify before congress. he'll appear at a hearing on policing practices and law enforcement accountability, following the death of his brother. he says he spoke briefly with president trump and at greater length with democratic presidential nominee joe biden. meanwhile, george floyd was remembered saturday near the town where he was born. loved ones, strangers, local leaders, all coming together for a memorial service. mourners eulogized him. and there were calls for change. >> enough. don't let the life of george floyd be in vain. it has become a sacrifice. we are part of the problem. ♪ >> those calls for change were echoed by many inside and outside the service. cnn's die a dianne gallagher. >> reporter: organizers called it intimate. a way to make sure that his family was able to say good-bye. george floyd was born about 20 minutes from here in fayetteville, north carolina. they held. service in reford where his sister bri