jon stewart says apple discouraged him from interviewing ftc chair lina khan on his short-lived appleow. joining us more to talk more about this is steve kovach. we're not supposed to worry about content. there's so much out there. >> this is becoming a pr blunder. we kind of learned some of this last year when jon stewart left apple and the reports are he wanted to do a story on china, artificial intelligence and now we are learning from what he said last night, bring lina khan on and interview and apple told him no. i asked apple, they're big silent. they want this to blow over. but what's interesting about this and a lot of commentary has already been bandied about. this ties back to the doj lawsuit. i want to read you this one part it's kind of bananas, but i'll read you this part of the doj lawsuit. quote, apple's conduct extends beyond just monopoly profits and even affects the flow of free speech. for example, apple is rapidly expanding its role as a tv and movie producer and has exercised that role to control content. interesting argument here. >> come on. >> basically saying,

the head of the ftc, lina khan. khan it's going to be unbeevable.st, as many of you are aware, the news has been pretty bleak recently. the past two, three... hundred years. listen, but this weeke, there was one story that was so disturbing, so dark, even the news couldn't handl . >> in r editial discussio is morning, weere asd not videbecause of itsiolentnds sturbing nature. >>ideo, ich we are intentionally choosing not to show you. >> we're not going to show because of how dturbing it is. i was extrely disturbedo see this. >> horrible, horrible, violent imagery. imagery. and dehumanizing >> we're only going to show you a clip of this briefly. >> a right thas enough, let's take it down. >> jon: i didn't get to see it at all! this has got to be devastating. news channels show images from ukraine, from gaza, from natural disasters. they get through them dispassionately. i can't imagine how devastating this footage must be. >> fmer prident donald tmp shared video, this one, on h uth soal accnt fturing imagef presint joeiden hogtied on t back a picp tr

lina khan, where is prada, jimmy chu is part of the proehl tear i can't think. liz peek, caroline down any have a thing to say about all of that. first we go to madsen all worth at columbia, madison, what happened and what didn't happen? >> reporter: larry you can see a lot of action behind me. students have been protesting for days and weeks even after the columbia president threatened suspension it has not slowed them done. columbia receives billion dollars a year from the federal government. i want to show you the encampment here this is the center of campus. there are threats that these students will be suspended and yet it still stands. now what we're seeing in washington is some lawmakers are pushing in a bipartisan way to cut the federal funds that go to universities like this. the columbia act would allow the education department to send a third party antisemitism monitor to a school to assess how they're combating anti-semitic. those that don't comply would lose federal funding. we're talking about a money. across the ivy league a billion dollars are gi

ftc chair lina khan.e clauses in employment agreements and what it meaorns f you. >>> stay tuned you're watching "squawk box" on cnbc. >> no application fee if you apply by may 31st at university of maryland global campus, an accredited university that's transformed adult lives for 75 years. you're not waiting to win, you're ready to succeed again at umgc.edu. >>> up next, breaking quarter gdp data big number and market's down big as we await the flub dow futures off mo 2alst50 points we'll be right back. like sushi classy- clem's not a morning person. i'm tasting it- or a night person. or a... people person. but he is an “i can solve this in 4 different ways” person. and that person... is impossible to replace. you need clem. clem needs benefits. work with principal so we can help you help clem with a retirement and benefits plan that's right for him. i'm short but i'm... i'm confident. you know? let our expertise round out yours. only at vanguard, you're more than just an investor, you're an owner. i'm

during the discussion, panelists including ftc chair lina khan and assistant attorney general for anti

during the discussion, panelists including ftc chair lina khan and assistant attorney general for anti trust jonathan kanter examine the impact that labor markets and mergers have on consumers. this event was hosted by the,

so this is real effects on real people. >> the ftc chair lina khan, you're doing a lot of very interesting provocative, controversial things. we'd love to have you back. please come back would be happy to be back. we're keeping a close eye on protests erupting on several major us college campuses right now, we've seen live images of growing demonstrations at usc and los angeles ut, austin columbia university, and more, the breaking news ahead no application fee. >> if you apply by may 31st at university of maryland global campus and accredited university, that's true. it's formed adult lives for 75 years. you're not waiting to when you're ready to succeed again at umg c dot edu vital window seem to be a typical choice here in the local area, some companies even advertise high-quality vinyl and romer here before you invest in vinyl windows listen to what michael smith of renewal by anderson has to say with our temperature swings vinyl tends to warp, which causes condensation between the pains and drafts. >> and most final windows just look very low-end to begin with. our customers don't wan

chair lina khan and assistant attorney general for anti-trust, skwro*p than cantor, examine the impact that labor markets and mergers have on consumers. this event was hosted by the f.t.c. and the justice department. tc and the justice department. >> welcome to the 2024 enforcers' summit. i want to extend an especially warm welcome to our federal partners today who join us and our international and state enforcement colleagues for the third annual convening of this event. i'm also especially pleased to note that the ftc is now operating with a full commission, and today we will be joined by the ftc's two newest commissioners, commissioner melissa holyoke and commissioner andrew ferguson. i know the staff and my fellow commissioners join me in extending a really warm welcome to commissioners holyoke and ferguson. we very much look forward to working with them, learning from them and forging common ground. i also want to pass on chair khan's regrets that she is unable to join us in person. she's celebrating ead with her family. together with our sister agency, the antitrust division, we

mgm argues the ftc is violating its right to due process and specifically that chair lina khan should she reportedly was caught up in the meltdown when trying to check in, in las vegas, and mgm argues she's a potential plaintiff and a potential witness and mgm says it's defending itself in 15 consumer class action suits it previously estimated the total economic dj from that intrusion about $100 million, though, the company expects much of that to be covered by insurance. the ftc has gotten back to cnbc and says it doesn't have a comment on it and i have reached out to mgm for comment as well. this is a big deal. >> what a strange tangled web we weave. happen to be there checking in. >> did not take kindly according to published reports about being asked to write down her credit card number in the moment because the systems were down and they were trying to head off this real threat. >> amazing. good to be with you. >> thank you. nice to be here. >> good to have you with us. >> the dow down 226 points right now. thanks for watching "power lunch." >> "closing bell" begins right now. >>

lina khan saying this will the rebillions of dollars in new wages.'s the case. >> i like the idea of banning non noncompetes for many classes of workers. i wish they built in some exceptions there is a legitimate purpose for them but i think this probably will improve bargaining power for lower wage workers and i'm enthusiastic about that part of it the ftc's specific estimates, i don't know you do need to take into account, for example, sometimes you have to compensate people more in exchange for a noncompete and work out those types of dynamics as well. but step in the right direction, maybe goes a bit -- overshoots that right direction a bit >> jason, you know, i've quoted you a bunch of times on the air in the past week because you tweeted out -- i think a week or two ago now, that if, in fact, the federal reserve raises interest rates, i think you were suggesting in this calendar year, you thought it would be a function not of inflation going down, but actually of an employment problem in this country. >> cutting rates >> cutting rates i'm sorry

. >> stewart interviewed federal trade commission chair lina khan on his program last night, which airsal. khan has been a strong critic of tech companies. during the interview, stewart said that apple wouldn't let him interview khan in a podcast related to his program when it aired on apple tv. he also said that apple refused to let him do a segment on artificial intelligence. apple has not commented on the allegations. >> is it artificial intelligence or is it thousands of low paid workers half a world away? the claims being leveled against amazon's high tech grocery stores and tesla sales slow their momentum with the numbers indicate about the electric car maker it's time to get away and cache in, at cache creek casino resort, to rock and to roll. to go all out or... go all in. with four stars and rising stars, northern california's premier casino resort is the perfect place... ...to do as much -or as little- as you want. make your get away now and cache in at cache creek casino resort. not having to pay at a cash register. amazon fresh stores are located in southern california and s

chair lina khan and assistant attorney general for anti-trust, skwro*p than cantor, examine the impact that labor markets and mergers have on consumers. this event was hosted by the f.t.c. and the justice department. tc and the justice department. >> welcome to the 2024 enforcers' summit. i want to extend an especially warmco

gary gensler, lina khan, but they have to be a little more practical in the world.e. liz: we are not at the end of this paramount if drama yet -- >> no, come on. you love the movies. you want to never see the ending. you want to go and then have the sequel. the sequel will be when skydance is involved in the content part. liz: okay. all right, that's your prediction. mario, great to see you. thank you very much is. while mario was talking, the dow turned positive, how about that? up about 4 points. we shall watching every tick of it for you. charlie gasparino coming up next to react to mario gabelli's view on paramount and what he is hearing on the inside. "the claman if countdown"'s coming right back. you can stay around. ♪ ♪ if. ♪ after last month's massive solar flare added a 25th hour to the day, businesses are wondering "what should we do with it?" i'm thinking company wide power nap. [ employees snoring ] anything can change the world of work. from hr to payroll, adp designs for the next anything. i was only 23 when i was first diagnosed . . hi, i'm jason and

. >> well, stewart interviewed federal trade commission chair lina khan on his program monday night,edy central now. during the interview, stewart said apple would not let him interview khan in a podcast related to his program when it aired on apple tv. he also said apple refused to let him do a segment on artificial intelligence. it should be noted here that khan has been a strong critic of tech companies. apple has not commented on the allegations, but we still don't know who will be performing at this year's outside lands festival in san francisco. but in just a few moments from now, in about a minute or so, at 10:00, a limited number of three day general admission wristbands will go on sale. prices for the eager beaver, as they call it presale, starts at 425 $425, plus fees. the music and food festival goes from august 9th through the 11th. the lineup, by the way, is expected to be released later this month. so if you're really got to get your hands on those tickets and then maybe you can sell them later, you know, once the once the once the banned list comes out. yeah. >> well,

. >> jim cramer aligning with lina khan, miracles will never cease. >> khan, cantor, wu and cramer, attorneyslaw. >> there's a firm, defenders. >> fighting for middle class accessible handbags. >> "mad money" at 6:00 p.m. eastern time as the s&p does reclaim 5050. don't go away. >>> good tuesday morning. welcome to another hour of "squawk on the street." i'm carl quintanilla with david faber and leslie picker, live at post nine of the new york stock exc exchange. sara eisen has the morning off. s&p working on its best two-day gain in a couple months now since late february as we are moving into a new chapter of corporate earnings with consumer and industrial names. yields are a bit elevated but the vix back to 16. >> and as goes those earnings season so goes the movers. here are the movers we are watching. shares of jetblue plunging right now. losses at the airline widened significantly and cut its annual revenue forecast, an oversupply in latin america weighing on those results. you can see shares down more than 11%, 11.5% right now. we'll break down the numbers with their ceo next hour on "

ellison is not -- >> just wave to regulators all day long >> the ftc does not watch the show >> lina khannot watch this show she will personally come down here and program her generative a.i. to figure out how to eliminate jim. >> i'm just saying if you're going to go after simon & schuster merging with whoever, you know, that's the steven king case, you think you're not going to go after organize snl. >> you're not. the fcc review will be significant. by the way, there's going to be plenty of asset sales associated with any deal, unless it was just a nondeal, and paramount just stays out there, but any deal cbs stations, the networks all anybody really wants is a studio that's of great value. the only other thing i would mention on paramount to sort of -- we talked about it enough for now, but the -- i do hear that shari redstone has other bids for just national amusements that don't involve any of the difficulties that we're -- difficulties or the complex transaction we're talking about. >> okay. >> maybe if they're real, she takes one and then there's somebody else who's a control shar

the ftc and we will show you more later, lina khan is investigating all of these partnerships becausee partnerships look a lot more like a merger than an actual partnership. >> fair point. we're not the same. >> he is trying to say don't put us in it the same category as these other companies. >> that's the interesting part. the partnerships that do look like more than partnerships. >> you can see it. microsoft has done it which is with openai and with the acquisition, although they don't call it that, of inflection, where they took the top people and brought them on board and made a deal which looks like a merger. then they have a separate deal with this company in france. what microsoft has done is very interesting to see what regulators will think of that on the relative basis. >> i see why microsoft does it. no one is going to say you can't make the acquisition. >> i think they will not say you can't do what you are doing because this is that. this is effect tively that. >> this is stealth. >> we see it. >>> in the meantime, gm reporting the results. i want to bring phil lebeau in

. >> underneath this whole book, i think, is a bit of a -- a lina khan question, which is, frankly, whatpany. is this company good for society, bad for society? and if you think it's not good for society, not good for the consumer, is it supposed to be broken up? is it supposed to be regulated in a different way? is it supposed to be fined if you believe that some of these things are not appropriate? where do you end? >> the ftc obviously sued amazon for being a monopoly, and if you read the lawsuit closely, they say that maybe they'd go after structural remedies, which could be a break-up of the company, but there's a question here. amazon's been around for nearly 30 years. it has all these tentacles that are market leaders. you could get into a standard oil situation where you break it up and the pieces are so big in their own right that they just gain more power and increase in value. i think that's what the regulators are grappling with right now. >> do you think it's a monopoly? and i -- online, obviously, it has a huge market share, but the question is, are we supposed to define it

. >> jon stewart interviewed federal trade commission chair lina khan monday night on his program.tral. miss khan has been a strong critic of tech companies, and during that interview, stewart said that apple would not let him interview khan in a podcast related to his program when it aired on apple tv. he also said apple refused to let him do a segment on artificial intelligence. so far, apple has made no comment on the allegations. it's 556. the cost of college. it's going up, and at many private schools, the price is now nearing six figures a year. several of those private schools have crossed the $90,000 a year mark for the first time this year. that includes the university of southern california tuition at usc, $95,000 a year. compare that to about 14,000 a year for the uc system, or $6,000 for csu's. many colleges say they're focusing more on financial aid and cutting costs for lower income families. instead of the overall cost. well, entering the united states is becoming more expensive. the fee for the customs and border protection service global entry will go up for the fi