>>. >> i'm expecting further weakness in retail and buying a put butterfly on macy's. >> mike?today. i was shorter coming out ahead of earnings consumer electronics not the place to be at this time >> all right that does it for us here on options action and we will be here next friday at 5:30 p.m. eastern time with another great show don't go anywhere. have a great weekend in the meantime, "mad money" starts right now >>> my mission is simple to make you money. i'm here to level the playing field for all investors. there's always a bull market summer i promise to help you find it. "mad money kwds starts now >> hey, i'm cramer welcome to "mad money" i'm trying to make you some money. my job is to educate and teach you so call me or tweet me are we finally getting back to normal or at least a new normal? i mean, toda

>> in terms of macy's? no because the trajectory for macy's prior to this coronavirus was this direction now maybe we got here faster obviously, we probably did, but this just sort of sped up the process, unfortunately so no. $5 billion for macy's is not an insignificant number at all. that's a staggering number the only reason i think to buy macy's here is you're hoping for a short covering rally into earnings in the beginning of may. short of that, i don't see any compelling reason to go plowing into letter m at these levels. >> the market capitalization of macy's is -- is a fraction of that, right, tim a fraction of $5 million at this point. >> yeah. it's 1.6 billion, i think, something like that today. i think if you look at the sum of the parts and you start to weigh some of these dynamics in terms of the acid base and herald square, they have $5.5 billion in debt today before they do a raise so that's how investors are doing their calculous right now. let's bring in oliver from cowan. great to speak w

if we look at the chart, macy's reflects this. relative strength is really concerning for a stock like this. now i will say, for stocks that are low priced like this that have severely oversold territories and the fact that they're father they're fairly volatile, trading options are tricky because the strike prices are very far apart from a percentage perspective. i was going out to june, and i was looking at the $3, $4, $5 butterfly puts selling two contracts of the june $4 puts buying one of t the r5 put this only costs 17 cents this is profitable if the stock is below $4.83, which is down from today's close, and it's profitable all the way down to $3.17. which is a 33% move to the down side this is most profitable if the stock closes by $4 by the june expiration, paying out 83 cents if the stock closes at $4. that's almost a 500% return on the 17-cent investment for this butterfly. >> what do you think of the trade? >> yeah, so i like the fact that he's not spending a lot of the distance between the strikes and premium, the sto

macy's is planning to open 68 stores on may 4th. another 50 by may 11th and then in six to eight weeks, hopes to have the entire flee of the macy's, bloomingdales and blue mercury stores open when i spoke with jeff gennette on the phone win asked him point-blank, will macy's survive this and he said, yes, i firmly believe that we have formats from offprice to luxury, a gamut of price points at a national level. i'm a 36-year veteran of this company, but i retain this optimism for our role in american retail. april online sales for macy's were better than expected. beauty, activewear, and home, including furniture among the strongest category gantt did say that macy's is working on secured finance iing possibly backed by retail. paula price said its quick actions have kept cash burns to not much at all. she didn't quantify the level, but said it was below gordon has ket's $40 million weekly estimate on average. now, gannete did tell me that macy's will emerge all of this as a smaller company, that could mean more store closures, a sm

and macy's is one where i don't think macy's comes out of this a stronger company at some point the valuation was really a very attractive or is attractive relative to the parks. real estate value alone, something like a best buy which also the analog from 20, 2008, 2009 is something that investors punished more going into this relative to what they thought the consumer was going to be like coming out of covid-19. we still don't totally know. i think someone like a best buy is very well exposed to the stimulus checks that go into households there are some relative winners in here, i agree with guy, relative value is the other part of this. i don't want to own walmart at this valuation, someone like target -- while i don't love that story for the consumer overall, it's i much more attractsive trade. >> i know you are contrarian at heart. i'm picking the right person on the panel for this he question in terms of the move in the xrt, could we be seeing this sector anticipate a reopening of the economy in advance as stocks do. especially as the texas governor announces the april 30th ex

and her name was macy roberts. now macy roberts, in 1940, was named head of the computing section. this was a big deal at the time. there were no other female heads. so she took this responsibility seriously. especially as the lab was expanding. she interviewed both men and women for the job of computers. however, she decided that she would only hire women. the reason for this, she felt if she hired a man, they wouldn't listen to her simply because she was a woman. and so macy hired a lot of women. they came from all over the country. they do all types of background and experience level. the woman in the center was the first african-american hired in a technical position in the laboratory. she had a bachelor's degree in chemical engineering from ucla. so today she would be hired as an engineer. back then she was hired as a computer. so these women worked with paper and pencil and these fairly bulky machines called calculators despite their size could do surprisingly little. early models could do addition and subtraction and later -- they they're working on missiles such as this one

in 1953 she was hired by macy roberts to work at jpl. pretty much right away everyone realizes that helen is special. she is an incredibly gifted mathematician, and she becomes the go-to person that, when they have a really difficult problem, all of the engineers want her to be working with them. so it's natural for her to take over the role of supervisor after barbara has been fired. but helen is, like barbara, 30 years old. she has just gotten married and about to start a family. she decides to learn from barbara's example and she hides her pregnancy for as long as she can. then when it's time to have the baby, because there is no maternity leave at this time, she combines all her sick and vacation time so she can take some months off. by doing this, she's able to retain her supervisor position. as she comes back to work, she decides that it's not enough just for her to be there as a working mom. she wants to bring back other mothers. so she ends up calling barbara and many, many others and asks if they want to come back. by doing this

and i'm not trying to pile on here with macy's a lot of good people work there.t's got a $1.6 billion market cap, dan there was a time when maybe it's still true the herald square building, one building was valued at $2 billion -- one billion, now the company's market cap is $1.6 billion what happens here to macy's ultimately >> well, listen, unfortunately, this is a trend that's been going on for years is that we've been overstored in america and department stores just don't make a lot of sense. they didn't make a lot of sense pre-coronavirus. they probably don't make a lot of sense going forward i suspect macy's has assets that are not reflected in their market cap and the sum of the parts is worth more. the brand is certainly worth more i suspect you will see it as part of the on the channel strategy, that i don't know, maybe it's amazon that used the real estate for logistics and storage and they used the brand as an online store and a lot of these department stores are not going to be around in five to ten years. >> karen, what are your thoughts again, i'm n

and macy's it's a covenance review. have to make some assessments about same-store sales and the things that we're not going to know and what the ever-important holiday season looks like for macy's as we get into the fourth quarter, as we come out of all of this, and we're going deeper into this, but the assessment on macy's has been a credit story and the balance sheet story and same-store sales again will probably be down close to 15% per year j.p. morgan just downgraded their eps down 31 cents a share. it's throwing darts right now for a company that was beleaguered coming into this and this was priced coming out of business and i think there are very real assets there >> yeah. karen, the equity may be having a conversation, but it appears that the bonds are screaming something else >> yes i think that's right and i always think the credit markets are smarter than the equity markets and if you look at macy's, i think we have a chart of it. this is coming due in 2023 and not quite three years from now and trading at 7

one of them is macy's. macy's is getting kicked out of the s&p 500. so you're right. >> so looking at some dividend payers you look at cash flow and some of the industries they're in the you want to avoid hospitality and energy. go back to the docusign comment. information services is place to look at. think what happened. a 10-year cycle of digitization of travel, education, how we consume media has been crammed into four weeks. who will be the beneficiary of that? that is the digital economy. look at communications services where they get an abundance of advertising once these companies can afford to pay the bill. liz: phil, give me your last thought as we look dow jones industrials down nearly 1000 points. >> yeah i agree with him right now. you look at some of these companies like zoom. we're on skype today. microsoft owns skype, right? that stock has done good because of that. some of these other social networking sites will do very, very well because this is the way we'll have to work for the foreseeable future. [closing bell rings] once again i

ritika: our stock of the hour is macy's.falling to an all-time low after the company was booted from the s&p 500. macy's is already grappling with store closures and reduced store traffic due to the coronavirus. according to bloomberg estimates,e, 2020 sales are way too timid. 65% forarter sales down a modest second-half rebound. the timing makes it worse. easter is a big shopping holiday. many of the shopping events are in spring and are now in jeopardy, which could further hit sales. macy's has a market cap of around $1.5 billion. it will become the largest retailer by sales in s&p small-cap index but all in all macy's shares are down more than 70% year to date. a pretty grim outlook for macy's and the retail industry. that is your stock of the hour. vonnie: ritika gupta with our stock of the hour. thank you. "oming up "balance of power with david westin. this is bloomberg. ♪ david: from new york to our audiences worldwide on tv and on the radio, this is "balance of power," where the world of politics meets the world of bu

so macy hired a lot of women. they came from all over the country. all types of backgrounds and experience levels. the woman in the center was jeanette, the first african-american hired in the technical division in the lab. she had a bachelors in chemical engineering from ucla. today, she would be hired as an engineer. back then, she was hired as a computer. these women worked with paper and pencil and bulky machines called calculators that, despite their size, do surprisingly little. early models did addition and subtraction. later models could do square roots. the women were calculating the early potential of rocket propellers and trajectories of missiles. they were working on a 49 foot behemoth and a smaller surface to surface one. but the real love was space exploration. in the 1950's, the women start adapting the design for the sergeant missile into a rocket called puberty -- called jupiter. they took their calculations and created a scaled-down version called the baby sergeant. they took 12 of the baby sergeant's and place them in a big spinnin

-- hehad also published made a name for himself as macy. it was a calculation and it happened so quickly after his mother died he had to write someone and say, my mom wanted me to do this because it probably looked awful that he did it when she was not yet cold. i guess it was really important to him. one of the things that was also in play is that because he was born in paris, he was not even a citizen. he needed to be naturalized. that was a further factor in his being sort of on the outside. it limited the kinds of positions he might be able to --e which he might otherwise even as an illegitimate person -- might have gotten a certain title or position and being born in france prevented that. there were a lot of things going on that contributed to this sense of being outside and not entitled to things. >> the second part of that gentleman's question when he was asking, what cap this going -- what kept this going? what kept people from throwing up their hands and saying, we don't want to spend anymore money on this? >> before the act is pa

courtney has a strategy update for macy's and julia is watching big moves for media stocks mike, start us off with the market down day, but big up month >> and a big five or six weeks since the market low take a look at the s&p this is a two-year this was a 35% drop on intraday basis. to yesterday's high, it was a 35% rally off that lower level so very sink niehaus in that way. i also point out that right around here, 3005, people are talking about how it's gained more than 60% of the overall point losses that has some significance it's kind of a may period. seasonals get weaker and yesterday was kind of a big headline day that drove a lot of

think nordstrom's files or macy's files but macy's already told us to close 150 stores my guest s is post-covid 175. there's probably a 10% or 20% store closing program at a place like nordstrom's on the other side of this and they have 123 full line stores and really well positioned in the malls but they can't really want the keep all of those stores. and so we are going to see that across the industry. probably 10% of the stores, maybe 20% inside the malls will close. >> lauren, crazy thing about this is process of constructive destruction with the winners and losers and in many ways that's a healthy way. but in other words it is not going out and somebody else excited to come in maybe there will be. there have been a lot of companies opening brick and mortar stores lately but what happens to fill that void? >> oh, i think on many levels it is almost ironic because for the longest time, you know, the real estate industry touting we are bringing in gyms and theaters and these experiment shl places to drive traffic and that was filling the space of apparel as that was kind of falling

cheryl: we're looking at macy's on that screen. what do you make of macy's?re already struggling, they were slow to get online, when they finally did, they had to start closing down stores. does macy's make it? >> look it, macy's may make it. that doesn't mean the equity will make it. i will say who will end up with this is other shareholders and debt holders will likely take over the company at some point. so be very careful when you go after a name like that. that is not a name i would certainly endorse. cheryl: i would think too, give me your opinion, we've chainged the way that we live right now. people are changing their lives. a lot of things are going online. i think we'll get more and more, more people comfortable with amazon, more comfortable with shopping online and getting shoes delivered for example. what does that mean for brick-and-mortar stores? a lot of names we're looking at on our screen still have some pretty expensive real estate? >> brick-and-mortar will be with us. they will be just less players in the space. some of those will fall to t

courtney has a strategy update for macy's and julia is watching big moves for media stocks mike, start us off with the market down day, but big up month >> and a big five or six weeks since the market low take a look at the s&p this is a two-year this was a 35% drop on intraday basis. to yesterday's high, it was a 35% rally off that lower level so very sink niehaus in that way. i also point out that right around here, 3005, people are talking about how it's gained more than 60% of the overall point losses that has some significance it's kind of a may period. seasonals get weaker and yesterday was kind of a big headline day that drove a lot of buying as people thought perhaps it would feed higher prices so maybe this is a very logical place. that to me is somewhat significant. also takes us back the to 2018 type of peak levels in the summer there so that's why i think we're b finlding out some significant di jel digestion in the markets this goes back oto the early 2000s. the market tends to do best when economic data is going from really bad to less bad let's look at some really bad pi

i saw the ton of bonds for the old macy's when which 0 worked for goldman sachs. bankrupt a few years later. they had to suspend the dividend, which is one of the few things the stock is known for. why bother to open at all? we've lived without kohl's just fine we just didn't even need them to return our stuff to amazon you can get pretty much everything you need online anyway usually for less money nike direct to consumer. it's a zbra it's a great way to get it kohl's cash, monopoly money? nordstrom's problems were a bit more surprising. high end chain the late bruce nordstrom told me as great as his customer service was, amount sonamazon's is bettr can't arc y can't argue with him my mom labored selling women's lingerie or gimbles where my dad was fired from selling gaberdine trousers we knew we didn't need the department stores, but now the pandemic is making us realize maybe we didn't need any of them at all we learned sycamore, the leveraged buyout is trying to get out of the deal to buy victoria's secret. makes sense. can't try on bras when the mall is close

el alcalde dijo que el popular desfile de macy's se va a celebrar y hay mÁs, las pruebas que se haganecino a incluir el seguimiento de familiares para ver hasta dÓnde llega el contagio, marÍa vargas con mÁs informaciÓn, cuÉntanos por favor, adelante. >>> asÍ es paulina el alcalde de la ciudad de new york le dice que la celebraciÓn del 4 de julio se llevarÁ cabo de una forma diferente destacando que serÁ tambiÉn de una manera segura, indicÓ que estÁ en conversaciÓn con macy's que realiza el espectÁculo cada aÑo, asegurÓ que desde las ventanaazo tÍas para disfrutar de la celebraciÓn de dÍa de independencia dijo que serÍa un sÍmbolo de resiliencia y dijo de un sistema de prueba y rastreo para disminuir el nÚmero de c t contagios en la ciudad. y planean darle seguimiento a las persona positivos y familiares, y que miles pudieran puestos en aislamiento a medida que este nuevo sistema se vaya Él expandiendo. indicÓ que para que el programa funcione se harÁn pruebas masivas por lo que dijo que seis nuevos centros de pruebas abrirÁn cerca de edificios de viviendas pÚblicas de la ciudad estos

my first credit card was a macy's card. it is currently in dire straits over the tiny $1.5 billion market cap it's not that much of a needle mover. the most important thing i heard was our terrific mayor, i won't even say his name because he's that terrific, said yes to having fireworks from macy's thank you. that's forward, very solid let's go in r over each bucket in more detail starting with big business with deep pockets classic example, early this week ibm, you know that company, they reported and after interviewing the c.e.o., the new fella, arvin krishna, he brought in red hat one of our faves to help customers. go to amazon web services or microsoft's azure or google cloud. i think there's enough room for everyone in the cloud business that's growing so fast ibm has a leg up with businesses that need good encryption. think chinese stealing your data at the same time heeds committed to preserving the juicy dividend ibm reports a good quarter, stock gets clobbered i tell you to buy it balance sheet is good and busines

taking a look at the mid-cap index, macy's was removed on the s&p 500. 13 other companies within the s&p 500 ended last week with him lower market values and so you had companies like cap, kohl's, nordstrom, capri, haynes, getting hit hard. so if they go, if they follow the precedent set by macy's, they could potentially be getting kicked out of the s&p 500. just an incredible move. one of the big questions is it the fed would start lending to junk-bond companies like macy's. >> one thing that you noted a lot in your research is what is systemic, right? who is providing the jobs and what classifies something as too big to fail, if you will. a lot of these retailers are providing a lot of these job, but junk bonds as we know are as been by the fed right now anything that will be bailed out anytime soon. oil, quickly, the meeting moved. does it give anyone a more or less hope? down and we had that tweet from the president who said that he thought saudi arabia and russia, these other opec members might get together to cut output by 10 million barrels a day or so. we were starting to hea

and if you look at companies like macy's, their debt was downgraded about a month ago, so before thistbreak really took on steam and they were given that junk status rating, albeit higher on that scale but they've got more than 100,000 employees. they've got hundreds of locations. they've got rental agreements. they've got vendor contracts so if something happens and macy's gets pushed into a dire circumstance, the ripple effect throughout retail could be pretty immense but, i understand, that's a department store and a different balance sheet standing than a jcpenney so, again, right to your point of picking up winner or loser or just giving liquidity to all this is a tough one. >> what about, courtney, in terms of private sector solutions here it's interesting, you look at distressed debt investors, and they are trying to get out there and raise big funds. could there be a role to play by private equity or by retail itself through consolidation you know, something that doesn't just rely on the binary relief or no relief from the government >> i think that's a great point. i do think

>> we all have, not just macy's.to have consumers return to some level of con supgs again. this is about the economy. 70% as you know of gdp is driven by consumption of one form or another and retail plays a major part the sooner we're able to get retailers back on their feet and allow consumers to to feel comfortable that they can come in and shop safely in these stores and that the employees feel safe serving these customers, these are required elements to getting the economy back growing once again. getting it back on its feet first and getting it growing once again so a much broader conversation than one company i think it's extremely important that both retail and restaurants get back to some level of where they were. they're not going to get back overnight. there are definitely consumer behavioral changes that are going to be some short-term. we always see and others may be long-term, but over time, we're counting on this being once the shakeout takes place and there will be fewer. you've been talking about thi

market corporate credit facility that's aimed at these larger companies there are companies like macy's and neiman marcus that are being forced to then go into bankruptcy what's going to happen to this industry if they don't receive the aid now these retail accounts for the largest private sector employer. you're right it is the largest employer in the nation and that's what makes this that much more of a tragedy and unfortunately i would say that the coronaviruses act it is kind of an accelerant that you would but i want to fire neiman marcus it was well known last year was was desperately struggling with an overhang of debt it had been you know its balance sheet was in a tatters so we knew that neiman marcus would be the 1st one to declare bankruptcy . if there was any kind of a red swan or even worse a black swan event of this magnitude and other major retailers such as macy's for years have been kind of doing this slow drip methodology of closing down stores 100 here and 100 there as opposed to really right sizing the company to what demand was for their traditional kinds of departm

we have a crisis on our hands and these people are dancing in this abandoned macy's building.id is it got their attention to focus on what was really important. our people wanted to know it wasn't their fault that we went through the hard times. i think so often, when companies go through difficult times, employees are made to feel they are the reason. that they are too expensive, not productive enough. that they are a cost when really they are the very best asset you have. and we do these meetings to this day. we can afford to actually pay for our own space and do hotel lobbies and other venues, but we have a dozen of them a year all around the u.s. where we bring people from different disciplines together and we talk about the future. and i still lead every one of those, as i did 15 years ago, because that engagement is so critical in what we do. david: so how do you grow the value of your airline? you just make it more profitable by flying more miles or do you make more acquisitions? anything left to buy in this business? ed: the airlines are thought to be a mature industry

department stores like macy's or jc pennies, all mall-based retailers.them are closed it is not where our heads are at right now. there is some doubt whether some of these will reopen they will face unbelievable stress >> it is interesting there is a big school of thought that says crises exacerbate existing trends. what is the path forward is there any chance other struggling retailers can turn things around and get back to some kind of normal si >> for example, macy's is the strongest department store, there is no way they'll not have to down size after this and be a partial renaissance of what they were before. they are all focused on the internet now there is no way that can make up for what they are losing most of these like nordstrom was 30% internet before and have lost the 70% even though the 30% were up which i don't believe it is, then they've lost a vast majority of sales. the one that can focus their internet arm the rest of them, they really won't. there will be significant changes and just the april if i indication the winners were winning

macy's exploring ways to use its real estate assets to secure cash to ride out the coronavirus. this according to people with knowledge of the situation. they are looking to use real estate assets to shore up their financing and liquidity. reporting says that this does not include the herald square property in new york, which is the crown jewel of the macy's empire. david, we are obviously getting a lot of stories like this, companies looking for ways to make sure they have the cash and liquidity to get through this crisis. helped backstop will be of to quite a few of these companies. are you confident that even though we are heading towards a recession, where consumer spending will likely contract heavily, these companies will at least be in a position where we can avoid a mass credit event in this market? david: i do think there will be sufficient backstops and liquidity to prevent this from escalating into a solvency issue and a financial crisis. every client that i've been speaking with asks the question of how is this different from 2008, and putting the major issues aside

macy's hasn't killed anybody should we give macy's a loan and help them out? or are we limited? i've gotten quite cynical. when i read that carnival piece, your eyes glaze over now everything is so cynical i wonder why carnival gets the backing of the federal reserve after being an actor that i think we could all question, and macy's, which does fireworks which is more dangerous? >> those are questions we'll be wrestling with your points about the constituents in the s&p remind me of goldman's note last night, the five largest names are 20% of the index, and david's point, in their words, narrow breadth is always resolved the same way, that's a draw down, because the five players that are killing it can't do it long enough to maintain the overall sentiment regarding earnings and valuation. >> i love kostin, i don't like to play the other side of kostin, but f.a.n.g. is what moved most of the market so i disagree with his analysis that in the end it ends badly. because what happened is there is no end. there's no end to what -- i don't think alphabet will have a great quarter, th

"are you maci?" i said no.uite aggressively because it was like, you're driving crazy. >> reporter: at this point, he seems really angry because he's having trouble finding his fare, this person, maci. >> he speeds off after i said no. we continue to walk, but at the time i still have my eyes on him like, just, you know, paying attention. >> he turned the car around, drove back towards her. >> i saw a car. it was coming fast, but yet slow motion in my head. >> he took the glock model 19 out of his pocket. and as he got even with her, she saw him pull the gun. >> reporter: do you remember the moment you saw that gun? >> how could i forget? i told the girls, run. no matter what, you run and do not come back. >> she had no idea she was looking in the face of a man who was going to commit these horrible crimes. >> maybe if i just keep moving, if i just keep moving, if i just keep moving, but he just continued to shoot. (pirate girl) ahoy!!!!! (excited squeal, giggling/panting) gotcha! (man) ah! (girl) noooooooooooo

i'm not saying they're macy's, where the cfo left and it looks ill-advised to be there.ut i'm saying there's an industry here that is so -- there's way to many players. private equity on the sidelines. if you buy these stocks, you're hoping, geez, tomorrow will be good too i don't like to buy on that theory >> yeah, jim, your point about the macy's cfo, paula price will leave as they leave the s&p 500. but yellen on our air yesterday with sarah talking about how she believes the banks at least should start thinking about suspending dividends, there will be a toll the longer this drags on which buckets do you think need to have the dividend least energy, banks, retail, all of the above? >> i think that the energy players, they can keep cutting back keep cutting out to production which i don't think will help that much. they can borrow to pay the dividend the retailers showed that you have a balance sheet that's not that bad but these companies are way far away from the one season that matters for them, christmas. the banks have been adamant they can pay the dividend i tho

gn depresiÓ con la idea de salvar estos puestos variasadenas de tienda suendesin paga sus empleado macylatos que llegaron a buscar ayuda >>> frustrados porque no le contestan el telÉfono luis fue buscarlgo por el desempleo pero estaba cerrada por el coronarus >>> todos estÁn aÍ tratando de buscar una soluciÓa su probma y no se puedeacer nada >>> arely es toras conductora d puede tener estos beneficios porque nadie usa ee servicio >>> en internet no me deja >>> en illinois no pueden solicitar en lÍnea de 8 a 10 laoche tambiÉn pe dependiendo la primera letra de su apellido se lda un dÍa a la semana para hacerlo pero muchos no lhan logrado. te la frtraciÓde rlamar los beneficios en chicago entregarÁn subsidios a residentes y indocumtados. >>> en este momento 50 mil personas han sicitado este subsidio, enncesso le ense que la persona que existe en nuestra comunidad inmiante >>> una cesidad en gener quese e ncos de alimentos como alabama >>> estas en el limbo no sabes quÉ pasÁ >>> rubÉn pereira noticias telemund en nuevaork se investiga el despido de una empleadoe amazon que organizÓ un papa

alexandria ocasio-cortez and thomas macy and others were the measures -- voted against. established a house select subcommittee. 212 democrats voted in support. next, debate on that resolution starting with jim mcgovern of massachusetts. madam speaker, we are here today as congress continues responding to the biggest public health and economic emergency this nation has seen in 100 years. the coronavirus pandemic. what started just weeks ago half a world away is having a devastating impact across our country. no community has been spared. more than 855,000 cases have been confirmed. nearly

en macy's, el destino para fragancias. daisy marc jacobs.dos varias veces al dÍa con los dedo asÍ. >> ¿quÉ canciones? >> pedro capÓ. >> vamos para la playa >>>. ¿quiÉn te graba? >> mi mamÁ mi papa en ocasiones me grabo yo. >> lo que me motiva hacer videos cuidar el planeta. pt que se protejan del coronavirus >> cuÁl es el consejo >> yo les digo que se tienen que proteger para ayudar a los adultos que son doctores y enfermeros porque ustedes no los ayudan con tanto que ellos los ayudan a ustedes. puede seguir cadena en youtube >>> hay muchos videos divertidos. cuÁl es tÚ consejo del dÍa que no dejes de hacer hoy y lo haga hoy. >> no hay que dejar para maÑana lo que puede hacer hoy. >>> una clase de champeta que deja a shakira como aprendiz. >> los hijos nos dan una lecciÓn de cÓmo aprovechar laslases ♪ hey tú, ¿las alergias te arruinan la diversión? prueba con zyrtec... que actúa poderosamente desde la primera hora, refuerza su eficacia si lo tomas al día siguiente. zyrtec y deja de sufrir alergias. prueba la colección suave professionals ¿ca

una de ellas es la gigante tienda macy's, quien puso licencia no para la mayorÍa de sus 130 empleadosmos esperando quÉ va a pasar. reportera: le queda cÓmo resolver los pagos y cÓmo tramitar la ayuda mientras se refugia en su arte. >> componer canciones, como mi primer sencillo. en lo Único que nos queda, tener fuerza y fe. reportera: mientras el gobierno lanza el paquete de estÍmulo mÁs grande la historia y empieza a enviar cheques a residentes y ciudadanos que ganen hasta $75,000 anuales. los indocumentados quedarÁn fuera del beneficio, pero podrÍa recibir un plazo de 90 dÍas para pagar sus deudas. ivÁn se las ha ingeniado para salir adelante. ivÁn: vi mucha gente que usaba baÑuelos improvisados. pensÉ que serÍa bueno fabricar mascarillas. nosotros tenemos un taller, llamÉ a mi amigo y él tenÍa esa misma idea. desde ese momento, empezamos a realizar diseÑos y seleccionar las telas. durante la crisis, no hay que entrar en pÁnico, hay que tener resistencia. reportera: su negocio online reciÉn empieza y espera que lo ayude a atravesar el futuro incierto. ilia: para hablar de estas preo

en macy's, el destino para fragancias. y amanda nunes lo porta con orgullo.se contra los que dudaban de ella, hasta ser la única mujer en su gimnasio de mma... amanda se reusó a que los estereotipos se interpusieran en su camino... ya sea dentro del octágono o fuera del él. desde 1925, comprobamos que no importa de dónde vienes, lo que importa es de qué estás hecho. modelo. la cerveza oficial del ufc. >> el gobierno de mÉxico musica gpob obierno de mexico libero t extarnjeos desde una prision m dice que quedan 100 io de migrantes bajo las autoridades migratorias >>> somuchos ciudansaomos han d decidido mostrar solidaridad l solosa los oheroddos de bjbasta bancueo no etstan solos >>> por que cantandnndo se alegn los corazones dicen los maria mariachis que de apoyo a los medicos >>> agregaron los doctores y t todo eso y darles animos >>> meustruestras de cario son i alivio en medio de agresiones al persona all medico que van d o docod doctora peor ahora esus agresore han sido detenidos, tambien o o ogros aliemtnogt otros aliemnatn sus cuerpos y tambien les prep

macy's accepts some returns by mail. that is not an option for most other stores.heir new policy is somewhat indefinitely. we are extending our store return policy by 30 days, from the date when our stores reopen. and our online policy by 40 days from the date when our online businesses reopen. basically, stay tuned because reopening isn't going to happen until may at the earliest, if we're lucky. let's switch gears and talk about grocery stores. this i'm smiling because it's potentially bad news for hoarders. >> safeway is even more strict. it says, our return policy is temporarily changing. we are not accepting returns at this time. i saw some people online up in arms over this, calling it illegal. i'm afraid they are not correct. the attorney general says stores do not have to offer returns, provided a store posts it's not allowing returns, the ag says that's okay. and don't assume a store will allow you to return an item if you change your mind. so buy only what you need. we're taking lots of virus related questions, go to nbcbayarea.com, then click responds fr

macy's saying if virus rates slide, they can receive the okay if local authorities and have all 775 oftheir stores reopen by mid june. when asked today how the united states would get out of this current economic decline, president trump once again expressedded his trademark on the michigan -- optimism. >> well, i think we're going to have a great third quarter: that's going to be a transition. when i say great, i think the transition's going to be really terrific, and we're going to take it into the fourth. and i i think we're going to potentially have a great fourth quarter. there's tremendous pent-up demand, i don't know if kevin said that or larry kudlow, but they're telling -- if i feel it, i will say that i think next year's going to be a spectacular year in terms of growth, in terms of bringing our country back. i think we're going to have a really good year. we want to be where we were, and i think we can actually surpass where we were. we were the strongest anywhere in the world, we were the best that we ever were, but we were the strongest in the world. lou: and coming up nex

these joined the previous furlough announcemented by macy's, kohl's and others. the majority that are furloughed will get to keep the health insurance if they previously had it with these employers and in many cases the employers are picking up that premium. they are eligible because it's a furlough by my count i've got 220 large brands closing stores. that's more than 67,000 locations. that's likely well under counting what is closed because of the independent names and some of the other retailers that haven't made large announcements. they are included in numbers that i've been tracking. many salaried employees are seeing their salary reduced. many ceos are taking no salarie and 401(k) matching programs are being frozen or suspended by retailers include macy's, chico's, la-z-boy and others >> we just got some news from the irs that i think is relevant where they say that americans can expect to get direct deposits for these stimulus relief checks quickly but that if you don't -- if the irs doesn't have your direct deposit information it could take up to 20 week

while macy's, jcpenney, and nordstrom are scrambling to avoid the same fate.mart looking to hire 50,000 more employees on top of the 150,000 they just hired to help with increased demand. and other stores are adapting to the crisis. some whole foods in new york city and baltimore are now open for only online orders to speed up grocery deliveries and prevent shoppers from packing into the aisles. one industry group claims 85% of grocery store customers are not practicing social distancing in the stores. at least one small businessman says he won't wait much longer for stay-at-home orders to be lifted and plans to reopen his wisconsin restaurant, despite orders not to. >> if you want to stay at home, my god, this is america, stay at home, you have every right to. but for the people that are tired of it and want to come out and have a meal by me, please do. you have that right. >> reporter: the small business administration says they've already approved more than 1.5 million applications for the first round of the paycheck protection program. lawmakers say they'r

there's a big change for macy's stock. the announcement this morning that it is going to be removed from the s&p 500 because of a steep drop in its market value. stocks dropped in general when the opening bell rang this morning. first day of the month, first day of the quarter, and we are coming off the first quarter ever for the dow, down 23% for the quarter. looks like we are continuing where we left off. down now about 3% for the dow, and the nasdaq and s&p down over 3% now. start start-up businesses are closing after venture capital dried up in the midst of the pandemic. especially hard hit are companies in the travel industry. cnbc reports more than 3800 people were laid off across more than 40 start-ups last month. scooter companies are also laying off staff and pulling scooters off the street. lime has temporarily halted its service in 24 countries including the u.s. analysts say people don't want to ride a scooter touched by an unknown number of people. >>> the restaurant reservation service open table is adjusting

. >>> sources close to cnbc say macy's is tapping investment bank lazar to bolster the balance sheet as the u.s. shutdown cuts deeper and deeper into sales the largest u.s. department store operator has asked its advisers to help manage its liabilities and explore options that could include new financ g financing. sources saying no debt restructuring is imminent, at least at this time dom, back to you shares of macy's are pretty much flat. >>> back to the u.s. markets now. equities are coming off one of their best weeks with the s&p posting its best performance since 1974 investors will get a big test this week as first-quarter earnings reports start to roll in from the big banks such as jpmorgan chase, wells fargo and bank of america as well as johnson & johnson, dow component, and companies are expected to drop 25% in the first quarter and greater 21% in the second quarter joining me now is ben ammons from medley global advisers. the earnings season is the catalyst because it drives that company's specific story just how clear will the earnings report be this time around and how mu

you can find them and macy's, in the flammable section. [laughter] it is not a strong field.who knows that they can beat you in 2012? i tell you who can deftly beat you, mr. president? 2008 bark obama. you would have loved him. obama. barack you would have loved him, so charismatic, so charming. c2 idealistic? maybe but you would have loved him. we were member the inauguration, the first lady was there. and as beautiful as you looked that day, you look more beautiful tonight. [laughter] the other hand, mr. president. [laughter] have aged a little. what happened to you? when you are sworn in looks like the guy from the old spice commercial. [laughter] now you look like louis gosset senior. [laughter] said this to anyone before, but maybe you should start smoking again. [laughter] is this the change you are talking about? [laughter] mr. president, look at your hair. if your hair gets any whiter the tea party is going to endorse it. [laughter] an angryg to get voicemail from jenny thomas in 19 years. [laughter] i believe the president would agree the mood has changed since the b

we spent five hours last night at macy's registering for gifts.ooks like i'm finally going to have that darling little earthenware asparagus dish i've always wanted. see, this is the good thing about having a girlfriend 9,000 miles away. i can spend my nights doing whatever i want. you mean like playing nerd games with us and then taking a suspiciously long shower?

en macy's, el destino para fragancias. ( musica ( en medio del confinamiento por la cuarentena la venta muchas gracias por la invitacion >> al contrario hace algun tiempo adoptaste el estilo del codigo azteca para una de tus obras en que consiste esta ide >> siempre me ha encantado jugar poker y soy ilustrador y se me ocurrio la idea de crear mis propias cartas para jugar poker y use este primer proyecto la historia de mexico me encantaba leer y el arte que se usaba ese fue mi primer proyecto pero dee despues me fui con los mayas y tambien otro art >> cada carta al parecer tiene un significado diferente y se ven antiguos reyes aztecas en que te basaste para seleccionar a los personajes >> es una combinacion de la cultura azteca con la europeas para los reyes con espadas y coronas y dicen vamos a usar esto y los ajustamos y usamos a cuauhtemoc entre otros para los diosuper estadio para otros guerreros tambien aztecas hemos hablado del codigo azteca pero hablame del codigo baltierr es mi primer libro es historia alternativa habla de lo que hubiese pasado si los aztecas ganaran la guerra a