merck's ceo use the company's resigned. merck's ceo use the compa ny‘s twitter account to resigned.ny's twitter account to explain his decision to step down. it was from the president's manufacturing jobs council. he, it is worth pointing out, is one of america's most prominent african—american business executives. and he explained that as merck's boss and asa explained that as merck's boss and as a matter of personal conscience he felt a responsibility to take a stand against extremism. many people are seeing this as an apparent criticism of donald trump, who took two days before coming out and criticising and condemning explicitly white supremacists for the violence that occurred over the weekend, and that led to the death ofa weekend, and that led to the death of a woman. what we saw, though, in the immediate aftermath of the criticism from ken frazier is donald trump then taking to twitter and criticising him, attacking the company, saying that they were in pa rt company, saying that they were in part responsible for higher drug prices. so what have other executives done, who we

merck shares are up. best day since july it 27th.t does that say about what investors have come to absorb and die yest the president's rhetoric >> they ignore him now it doesn'tmatter does it matter, carl it does actually what he's doing. like what if tomorrow jeff bezos said something he's gone after amazon and "washington post." he keeps blinking the names. you know, i think investors just are rushing off. this is nothing but noise. but it still matters to the workers and to people to create this stuff so obviously nobody -- the investors are not paying attention or doesn't think this has an impact. i think it does eventually you have to think about the kind of companies you want to build and corporations really have led the way on so much good stuff that's gone on, even though we attack corporations all the time, there are so many companies have been at the forefront including apple around all these social issues. i think they have to wait in i don't think they have a choice >> it's so tricky. they have customers that are on both

this morning, remarks from the ceo of merck as well.quit the president's manufacturing counsel and the effect there is he got the president to respond in a statement. i want to bring in the democratic congressman, tom of new york. thanks for being with us. ken frazier, ceo of merck quit the manufacturing counsel saying he feels it's necessary to take a public stand against bigotry and whatnot. the president responded to that by going after ken frazier. he said now that ken frazier of merck resigned, he will have more time to lower, rip off drug prices. your reaction, sir? >> the president dropped the ball here. he made the issue too much about him instead of about the hate we see going on in america. the president, by not speaking out about the white supremacists, is making it about the president, not the issue. we have to stand-up to hate in the country. >> cnn learned he will address the violence in charlottesville again today, we don't know what he will say. what do you think he needs to say? >> the president needs to be very bold an

merck is a company considered to be a great american asset. so i found it disconcerting that he was immediately atakd i understand the president is very, he's, why did he do this i'm just a guy. >> this is the merck statement if you missed it as a ceo of merck and as a matter of personal conscious i feel a response toblt ta responsibility to take a stand against intolerance and extremism and i can assume it's from a lack of response from the president over the weekend he will sign an order that will have more to do with china and trade. >> right i don't know, he wants to go, he'll have more time to lower rip off drug prices. i don't know my mother and my father would have said that's exactly the opposite of what you should do. guy says his conscious and say i wish you well. how about i wish you well. even the nfl, they know better i don't know -- >> jim we're all finding our way here. >> we're stunned. >> in this extraordinary new dynamic between the government and american business. >> mr. frazier is a man i have looked up to i have praised h

i think that was a personal decision merck, i think that was a personal decision. most of the ceos i spoke to yesterday who were even thinking about this issue think about it as a personal one rather than a business one >> great stuff >> we'll talk about this and much more on "squawk box." >> the debate will continue on qux sq "squawk box." >>> futures suggest it will be another strong session we'll get yorey r u adfothe trading day ahead when "worldwide exchange" comes right back hey, i've got the trend analysis. hey. hi. hi. you guys going to the company picnic this weekend? picnics are delightful. oh, wish we could. but we're stuck here catching up on claims. but we just compared historical claims to coverages. but we have those new audits. my natural language api can help us score those by noon. great. see you guys there. we would not miss it. watson, you gotta learn how to take a hint. i love to learn. your privacy makes you mytn number 1 place to go number 2. i love you, but sometimes you stink. febreze air effects doesn't just mask, it cleans away odors. bec

. >> i would note that merck shares are higher by about six-tenths of a percent after president trump went pretty hard on ken frazier. >> best day for those shares at least for the month. let's get over to wapner and the half ♪ >>> guys, thanks so much welcome to the halftime report i'm scott wapner top trade this hour back to the rally after the second worst week for the year for stocks, the major average sharply higher this hour. raises the question of whether that bump in volatility is all about over with us for the hour today, stephanie link, john and pete najarian and jim cramer is here. he's the host of "mad money. the stocks bouncing back jim, as we set this up, that was it. >> that was the volatility, massive ramp in the vicks, everybody worried. >> back to thursday in the afternoon there was a guy i was watching, he was on between like 12:00 and 1:00, and he read a letter from 2010, oh, no, it's a recent letter. >> i heard you this morning -- >> howard is great bonds there was a moment where someone asked about a semiconductor stock and he said that's not what i do. i went ba

should merck shareholders be concerned? much more "fast money" right after this because, when you really, really want to be there, but you can't. at cognizant, we're helping today's leading media companies create more immersive ways to experience entertainment with new digital systems and technologies. get ready, because we're helping leading companies see it- and see it through-with digital. that's why at comcast we're continuing to make4/7. our services more reliable than ever. like technology that can update itself. an advanced fiber-network infrustructure. new, more reliable equipment for your home. and a new culture built around customer service. it all adds up to our most reliable network ever. one that keeps you connected to what matters most. >>> welcome back to "fast money. battle between netflix disan disney heating up. shonda rhimes for an exclusive deal julia boorstin with more on that story. >> reporter: melissa, netflix's new deal with shonda rhimes is its latest in the battle l with hollywood studios as many

he signed a contract with merck once merck decide which made in the cells that would have been worth up to $1 million to him personally had it been executed by shortly after he signed it nih heard and got wind that he was selling a cell and sent out chief investigate of frud and abuse and call shriver to investigate. he resign ised under pressure from stanford an spent many years in the -- in weld witherness and can put it so accurately when he said that he became public this really is a great tragedy this is a man who at the height of his powers brought about his own down fall. that's front phage of "the new york times" on a sunday in march of 1967 where one of the headlines says -- nih investigator by the united states -- he spent many years redealing his reputation if you talk to anyone today what they will know about is the limit. very important discovery of cellar mortality. they will not be aware probably of his really difficult interval in mid-1970s. and also won't be aware of the tremendous contribution he made to getting safe, mini cellar factories into circulation for makin

is merck known as a company that is criticized often for its drug prices is it? >> well, it the criticized along with the rest of the industry, but certainly not an outlird in terms of drug pricing. they say new valiant doesn't do that price gouging merck does charge thousands a month for its newest cancer medicines, but is that the not unusual in the industry. and as all the industry is being put on the industry, they can d. come out with a report showing their average price increases over the years so they are certainly not one of the companies that would be an easy target for the president to go after >> all right meg, thanks. >> for the second time >>> coming up, the miracle putt that propelled one golfer to victory and maybe the miracle run that is propelling bitcoin investors to riches. you always pay your insurance on time. tap one little bumper, and up go your rates. what good is having insurance if you get punished for using it? news flash: nobody's perfect. for drivers with accident forgiveness, liberty mutual won't raise your rates due to your first ac

kenneth frazier from merck.nal conscience about the president's remarks about charlottesville. i think that that is bringing personal, political viewpoints and putting them ahead of your responsibility as a ceo of a publicly-traded company. i don't think he should have done it. what say you, ari? >> you know, these ceos are under tremendous pressure, and in their polite circles, one of their colleagues tend to like donald trump. college-educated, graduate degree-educated people almost overwhelmingly vote democratic these days, and they're anti-trump. so to join with him put them new a lot of pressure, so many of them are looking how can we get out of this. but in the long term, i would recommend them not do so. that's a political call. and from a business point of view, you want to have a seat at that table. you want to get to know the president, the vice president, the top cabinet secretaries that attend those meetings. i think it's a bad business call. it's a personal, political call. stuart: hold on one secon

the head of merck resigns from the president's manufacturing council. creating a potential crack in the white house relation >>> and wellness watch. will aetna give an apple watch to its millions of members? and if they do, would you set aside privacy concerns and wear those stories and more tonight on "nightly business report" for monday august 14th. >>> good evening, everyone, and welcome. a hot august day turned into a hot august rally. stocks recorded their best performance since april, reversing the losses that besieged the market last week. the mood on wall street improved on easing tensions with north korea thanks to an op-ped written by the secretaries of state and defense who said the administration would continue to pursue diplomatic resolutions with pyongyang. now, add to that a solid quarter of corporate earnings, and stronger than expected growth in japan, and stocks took off. the dow jones industrial average rose 135 points to 21,993. the nasdaq gained 83. and the s&p 500 advanced 24. dominic chu watched the rally from the floor of the new

>> what happened is the ceo of merck, kenneth frazier took to twitter to resign from the president's manufacturing counsel say thag this was all in protest of how the president responded to the violence we saw over the weekend in charlottesville. here is what frazier said, in part. america's leaders must honor our fundmental values rejecting expressions of hatred, bigotry and group supremay, which run counter to the american ideal that all people are created equal. as ceo of merck and as a matter of personal conscience, i feel responsibility to take a stand against intolerance and extremism. once this was put out on twitter, the president wasted little time in his response, almost counting on frazier saying this in a tweet. now that ken frazier of merck pharma resigned from the manufacturing counsel, he will have more time to lower rip off drug prices. kate? >> what do we know about the relationship between frazier and the president? >> frazier joined the counsel back in january. you see lots of pictures of the president sitting next to him, they were complimentary toward each other.

for example, today, the merck ceo, ceo of merck resigned from trump's manufacturing council. he said he was doing so because of the president's failure over the weekend to condemn hatred. trump immediately responded to the african-american executive with this tweet just moments after he quit. "now the ken frazier of merck pharma has resigned and he will have more time to lower relationshipoff drug rip off drug prices". >> that's right. president trump is heading to new york but before he left he fired off some angry tweets, including one at merck, saying merck is a leader of higher and higher drug prices while taking jobs out of the u.s., bring jobs back and lower prices. fun fact. the ceo of merck was at the white house a month ago to ta u tout initiative of jobs in the u.s. and another angry tweet from trump. he said, made additional remarks on charlottesville and realized once again the fake news media will never be satisfied. truly bad people. that gives you an indication of how they felt the pressure of this negative news cycle around his first set of comments. now, both

meg is here to fact-check whether merck's attacks on trump's attack on merck, meg, have been accurate> that's right. the president said a number of times yesterday that he didn't condemn them by name over the weekend because he wanted to make sure he had all the facts first. well, he may not have had them quite straight on merck. repeatedly accusing the company of moving jobs outside the u.s. to places like ireland well a quick fact-check reveals the portion of merck's employees in the u.s. has remained between 38 and 39% since 2011. the year ken fraser became ceo while it does do manufacturing overseas, merck says it has more manufacturing employees in the u.s. than any other country. of more than 200 opening manufacturing job listings on merck's website, 86 were for positions in the u.s. followed by 37 in the netherlands and 23 in ireland and speaking of ireland, many companies did move their headquarters there in the last few years and that craze of tax inversions, something trump called out, but merck repeatedly refused to consider this fraser told me on a number of o kigss over y

the merck ceo, intel ceo and under armor ceo. they say the president's remarks were not good enough and they are not going to be advising the president anymore. this is what the president said right away about the ceo of merck, ken frazier. he shot back quickly via twitter. now that he's resigned he will have more time to lower rip off drug prices. many business leaders remarking the president reacted more swiftly to ken phrase zfrazier the white supremacists in charlottesville. these are the companies staying. there's a social media push, by the way, to get campbell's soup to leave that. you can see that online. these are the companies who said they are saying. a few are off the list. these have had management changes, the red bear and tesla ceo, you might recall, he left after the climate control. he is no longer advising this president. what does it mean? the president is reaching out trying to urge ceos to stay on his board. this is what larry somers has toz say. any ceo who thinks attending a meeting is moving the nation is

by the way, talk about merck, the government is a huge buy yr of drugs.s going to mean to his company? there are moral issues here, there are commercial issues here. it's comply catted. >> beyond his hate tweets, can the president hurt these companies? >> i think it's possible that they can to some degree. think about under armour. there will be people who will run out today and buy under armour shirts because they think that kevin plank made the right decision. there are a lot of other people by the way who may not buy under armour because of it. someone from pepsico made a comment that was construed as critical of the president early when he was first e lkted, there was a boycott of pepsico products.lected, there was a boycott of pepsico products. itis a very difficult position if you're in this role. having said that, i think long term history will reward those with the courage to at least stand up for their police chiefchief chiefs -- beliefs. >> stand up for their bleaches. i don't think it's hard to stand up to the kkk and the nationalists. >>> next

he should have immediately condemned the terrorist act in charlottesville and going after the merck ceo who is a -- not only an african-american but a very successful ceo, who navigated that company through a very difficult time when they had the viox heart challenge and had to pay billions of dollars in damages, i think that's tone deaf and i will admit that. but at the same time, you know, there are important pieces of this president's agenda that are separate and distinct and can't be just grouped into a simple one-sentence talking point. >> what's the -- solomon, what's the incentive for, you know, business people, successful businessmen and women to be part of these councils for the president if, you know, they end up disagreeing with the president and end up having to walk away? >> yeah, i don't know that there is an incentive because the bottom line, we can talk about black and white, we can talk about race, but for business people, the bottom line is green, and so if they are losing customers, if a community decides that they want to boycott them, if they are really risking thei

he responded quickly when the ceo of merck resigned from his council. much quicker than he did when a young woman was killed by racists in virginia over the weekend. it took 48 hours. it didn't take four hours for him to respond to the resignation of ken frasor from his group. that shows us the level of priority and fighting this malady that this president has shown. >> you do make an appropriate point, that this president has not ever been shy or slow in going after people that he feels have wronged him in some way. here's a partial list. it goes from nordstroms to lisa murkowski, john mccain, lindsey graham, jeff sessions, loretta lynch, andrew mccabe. former director, james comey. cryin chuck schumer as he liked to call him. congressman adam schiff. i could go on and on and on. arnold schwarzenegger. snoop dogg. kathy griffin. i want to go back, if i can, to the white house and kelly o'donnell. if you can just explain briefly what reverend al sharpton just referenced, kelly, which is the resignation of the ceo of merck. >> reporter: and so this presi

as ceo of merck road a matter of personal conscience i feel a responsibility to take a stand against intolerance and extremism. with that frazier resigned from one of the president's ceo advisory councils. the president responding within the hour on twitter saying that now that ken frazier that is resigned from the president's manufacturing council, he'll have more time to lower rip-off drug prices so the president deciding to go after merck, go after the pharmaceutical industry and go after ken frazier directly in response to ken frazier's statement of conscience about how he felt about the way the president handled the violence in charlottesville. meanwhile throughout the day, we've seen other ceos reacting, also denouncing that violence but many of them saying that they are going to stay on the ceo advisory council here at the white house including jeff immelt of ge, andrew liveris of dow, stephen schwarzman of blackstone hand michaand michae dell, all indicating they are likely to stay on the council now. divided opinion in the wake of the president's handling of that racist viol

the ceo of merck, intel, and under armour. you can see merck and intel did just fine. under armour has been struggling for some time. does the president really care about losing these ceos? does it matter to him? joinedthese three ceos three additional ceos, elon musk, bob iger, and the former ceo of uber of resigning and cutting ties of this board in the administration. following president trump's remarks at the white house in which he denounced neo-nazis, kkk, and other hate groups, he then went onto tweet another criticism against ken frazier, the ceo of merck criticizing merck for essentially what he argued was sending jobs overseas and high drug prices. i would suggest these other ceos took a look at all of this -- the tone and the rhetoric coming out of 1600 pennsylvania avenue and ultimately decided it was best for their business and their own autumn line to cut political ties with this white house. david: reporting from midtown manhattan outside trump tower. i think it bears some time to look at why these ceos did what they did. let's start with ken frazier, th

within only a few minutes, the president tweeted this, now that ken frazier of merck farm a resigned from president's manufacturing council, he will have more time to lower rip-off

those ceos from intel, underarmor and merck. it was the merck ceo that gave critics some more ammunition against the president. hours after the merck ceo resigned, the president took to twitter. he had several tweets he put out criticizing that tweet, one saying he will have more time to lower rip-off drug prices. yet it took two days to specifically call out those hate groups. the president also going after the media after his revised comments saying on twitter that the fake media will never be satisfied. the president's approval ratings at 34%. unclear if this all played a role in that. frances? >> thank you very much. >>> north korea claims to be showing some restraint. the country's state media released these photos of kim jong-un reviewing his military plan to attack guam. he reportedly said he would not launch the attack, but rather watch the united states a bit longer. apparently maintaining his threat against the u.s. territory. and this morning, south korea's president gave a televised address, saying there can be no mi

he signed a contract with merck. it would've been worth up to $1 million to him personally but shortly after he signed that, nih heard and got wind that he was selling it and sent out the chief investigator of fraud and abuse, a no-nonsense guy, james shriver to investigate hey flick. i will speed through his demise. he resigned under pressure from sanford and resided for many years in the academic wilderness. they put it so accurately when they said when it became public, this really is a tragedy. this is a man who at the height of his tower brought about his own downfall. that's the front page of the new york times on a sunday in march 1976 were one of the headline says, nih says investigators sold cells owned by the united states. hey flick spent many years refuting his reputation. if you talk to anyone today, what they know about is the hey flick limit and his very important discovery of cell mortality. they will not be aware of those really difficult years. the british imitated his method and produced another li

s that resigned in the wake of charlottesville merck c.e.o. ken frazier was the first to take a stand after the weekend's events to those public announcements though do they do they help or do they hurt these companies well i mean with regard to merck i mean their stock jumped right after that and in the morning and overall merck is up seven point two two percent from their low not too long ago and by the way you know the president tweeting that he was canceling these councils one had already been canceled the c.e.o.'s met this morning on a call the other was due to talk a little bit later this afternoon right around now they probably would have done the same thing so the president tweeting that he's canceling them is sort of like you know quitting before you were fired by your. so but it's really a shame because these business leaders these councils you know they're not the most productive thing in the world it's not the president's fault none of them really are that productive right they're more about photo ops and they're ceremonial but the

intel ceo brian krzanich following the move by merck ceo ken frazier yesterday morning. krzanich said his decision was based on the worrying direction of uz. some of the biggest stars like seth curry. we could see more gains after monday's rally. the markets had their best day of the summer as investors ease tensions between the u.s. and north korea. 31 points to 21,993. the nasdaq up 83 to 6340. cnbc has learned apple and aetna held secret talks about possibly offering the apple watch to health ensure 2 million customers. they could roll out the plan next year. it would benefit apple which has heavily promoted the watch for health and fitness. back to you. >> to your health, landon. >>> new to facebook messenger if you mention music, spotify will pop up. facebook's intelligent assistant is monitor words to come up with spotify suggestions. facebook does it this with ride share and payment options. they have been partnering on messenger since last year allowing users to share music. >>> coming up, what feels like a cooler start to a tuesday morning. >> it is nice to have

today we saw ken frazier from merck resign. within less than an hour from

. >> reporter: the president's comments today came after ken frazier, ceo of merck, resigned from the white house council

. >> cisco and ibm and merck, those are lead ing the dow righ now. take a look at shares of some of the super market names those are falling back on news of amazon. they are lowering price at whole foods. giving discounts to prime members. more details straight ahead. >>> welcome back everybody, i am tyler mathisen

in corporate america, the boss of drugs giant merck has resigned from the business panel led by donaldver the president's response to a violent white nationalist rally which took place in virginia over the weekend. i spoke to our correspondent from new york and i asked why the drugs

merck lord the forecast. there is -- merck lowered the forecast. risk-weightedng assets.ting despite the bad news flow around dieselgate. a soft pot is better than a hard pat. that is the top line from the daily profit. the euro-dollar would make 118 by the year end, but we are already there. eight analysts in the spectrum see the euro-dollar -- ubs was with us this morning. above 126 is possible. today is super thursday at the bank of england. nejra will take you to all the nuances outside the bank of england. is mervyn king and carney. these are the periods of time. look back to thousand 5, 2006, when you had this momentum move 2006, when you had this momentum move. they think august is live. "a slow-motion downturn rather than a cataclysmic drop." the pound, if you take all of that in conjunction, the pound has had a run. the dollar weakness, not so much. the sterling strength. up to present on cable. this is the bloomberg british pound. we are in this band with anxiety. what does it take to get the pound to move distinctly in one direction or the other? isxit anxiety

this is from ken frasier who writes as ceo of merck. i feel to take a stand against intolerance and extremism. that prompting the president to tweet a response. let me read you the response. now that ken frazier of merck pharma he will have more time tr drug prices. this is going to be significant in terms of the optics for the president and underscores there is just mounting pressure on president trump to call out explicitly and forcefully white supremacists. we're hearing that from democrats and also from republicans, hallie, over the weekend who chimed in. marco rubio, corey gardner who said they need to hear those words coming out from the president's mouth. not from a spokesperson. the move by the ceo of merck only adding to that backlash. look, the president did consult with some advisors before making that initial statement over the weekend, but really those words just spread the blame all around. or the president's ultimately. we are expecting to hear from him again today on virginia. the question is when and where and what will

ceos are merck, under armour and intel.yone who drops out, i'll have many to take their place. and a new report claims the fbi and department of homeland security warned president trump about the danger of white supremacist groups months ago. intel officials believe white supremacy groups -- >> let's look through some of the flags people might see. these are some of the groups in a were spotted in charlottesville. join or die is a good example. unite the right rally. eight different flags in here making up the drawing of the snake. let me show you what some of the flags are. this is a kekistan flag, a fictional country. it mimics the german nazi war flag with a logo. and it's a symbol of white nationalism that is used in alt-right memes. we also have two other nazi fascist type flags. van guard america is an yeeg al, the yeeg ooeg eagle. take a look at this this, is the traditionalist worker party, a white nationalist group in a advocates for racially pure nations. this is closely allied with neo-nazi organizations. and the

two more ceos jumped ship after the head of merck did. it might be read as outreach to the alt right. traffic in pure conspiracy theories. the president amused about partnering as sheriff in crime. a man that happens to chair the one-time promotion of the myth barack obama was not born in the united states. a lot going on this morning. the president, in trump tower taking up there for the first time since the inauguration. that's where we find jeff zeleny. good morning, jeff. >> reporter: good morning, john. this is what the north lawn of the white house looks like. a lot of security here. protesters were here last night. we are expecting them here again today. that is why president trump has not spent much time in new york city since taking office. he did want to spend a couple days during the working vacation, particularly cleaning up from the slow response to the charlottesville response. it is focused on the ceo manufacturing counsel, watching the three ceos who stepped aside, they simply cannot be part of that. the first was ken fraz

he did it again today to the ceo of merck, ken frazier. the fact that he didn't do it for two days suggests it wasn't an accident. it's disappointing but not surprising. >> bill: mollie, he called it a moral failure. >> steve said he was silent over the weekend and that's not true. he came out on saturday. >> he was silent on specific groups. >> he said no citizen should fear for their safety. hate and division must stop. no matter our color, creed, religion, political party, we are americans first. today he explicitly condemns racism, called on americans to love one another, mentioned the victims by name. if you are doing that, you are are -- >> that's nonsense. the president didn't make a specific condemnation of these groups. he had done it before. this is what happened with the david duke episode in march of 2016 when he gave a grudging disavowal and then given an opportunity to give a real disavowal and the decline to do it. you can make it about the media if you want to. >> bill: moments ago, made a remark and realized that the fake

kenneth frazier of merck, a pharmaceutical company, was the first ceo to leave counsel. trump lashed out on twitter writing now that ken frazier has resigned from president's manufacturing council, he will have more time to lower rip-off drug prices. then nine hours later he posted another tweet that red merck pharma is a leader in higher and higher drug prices at the same time taking jobs out of the u.s. bring jobs back and lower prices. other ceos saying they're staying on the council for now, including top execs at new corps international, paper, and campbell soup, and representatives for ge and dow chemical use nearly identical language in saying they have no tolerance for hate, bigotry, or racism. >>> two major companies have canceled their internet domain registration of the daily stormer, a neo-nazi website that mocked heather heyer, the victim from this weekend. internet companies and social media outlets are finding themselves in a difficult position over hate speech and other social issues here. okay. we're having a little bit of a technical difficulty. we'll g

the president goes after the ceo of merck. we of soon him go after jeff sessions, seen him go after mitch mcconnell, and yet he still does not go after-neo-nazis. i want to take moment to explain the backdrop for all of this. as the weekend began nationalists, white nationalist groups, in 2017, including white supremacists, the kkk, and neonazis marched through charlottesville, virginia weather torches, protesting the removal of a statue of robert e. lee. saturday when they showed up at a park for a protest, anti-racism activists were there. angry words quickly escalated into fighting. as of last night, three people had been arrested. then just a few how shalls later the situation turned deadly and we should warn you, this video is disturbing. as activists peace marched just a few blocks from the park, a man intentionally drove his car into the crowd, mowing down people, then backing up, hitting even more. at least 19 people ended up going to the hospital. and 32-year-old hieather heyer, who had been walking with friends, was

he joins the heads of merck, under armor, and intel of bowing out. these executives are protesting the president's initial failure to call out these racists for who they are, who are responsible for the deadly violence in charlottesville, virginia. scott paul has now tweeted, "i'm resigning from the manufacturing jobs initiative because it's the right thing for me to do." so, let's begin with jim acosta, our cnn senior white house correspondent outside of trump tower. jim, in addition to the executive news today, you know, you have the president also retweeting conspiracy theorists. talk to me about that. >> reporter: yeah. the president, brooke, seems to be allowing americans into his inner monologue today with all these tweets. he's been on something of a tweet storm all day long. you mentioned the tweet that he posted earlier today slamming those executives, those business leaders for quitting his manufacturing council. but yes, you're right. he also has retweeted a noted conspiracy theorist who is pushing the pizzagate and seth rich conspiracy th

kenneth frazier of merck was the first ceo to depart from the counsel. yesterday morning president trump lashed out on twitter writing "now that ken frazier of merck has resigned from president's manufacturing council, he will have more time to lower ripoff drug prices. and later tweeted "merck pharma is a leader in higher and higher drug prices while at the same time taking jobs out of u.s. bring jobs back and lower prices. >> ge and dow said they have no tolerance for hating bigotry or racism. let's bring in columnist for the "washington examiner." kristen, a business decision for a lot of these people. yes, there's a moral component to it but shareholders, people who buy their products don't like what they're seeing out of washington right now. >> that's right. president trump's approval ratings are at historic lows. for a ceo of a company, the decision to say yes to join the president's manufacturing council or any of these other councils of business, the answer you give is yes because that seems like the less political answers. if you say no, you ar

first, merck stock rose, as ken frazier resigned. the president's lashed out with a tweet about controlling merck's prices. there's no evidence that it's directly harmful to shareholders. encouraging the president to stay away from his remacy, he white sup might return to the economic issues that are important for many of these companies. the purpose of tomorrow's -- yesterday's press conference, as it was billed by the white house, was to focus on streamlining infrastructure approvals. that is something that's usually in america's economic and corporate interest, and that was entirely lost because of this. so if we bring the president back to economic issues, that will be in the corporate interest. vonnie: that was larry summers earlier today. this is bloomberg. ♪ got you outnumbered. the dinosaurs' extinction... don't listen to them. not appropriate. now i'm mashing these potatoes with my stick of butter... why don't you sit over here. find your awesome with the xfinity stream app. included with xfinity tv. more to stream to every

it's a company called merck. this morning he resigned in protest of the president's response to the violence in charlottesville. he said that as a matter of personal conscious, i feel a responsibility to take a stand against intolerance and extremism. the president responded about an hour later saying now that ken fraser from merck has resigned, he will have more time to lower rip-off drug prices. a one-person that will be staying on the council is jeff emmult. he just retired from ge. the company issued a statement saying they condemned the violence in charlottesville, condemned hatred, bigotry and racism. but that emmult would be staying on for news. >> we'll speak more about that later. meantime, tensions high in charlottesville as a judge denied bail for james alex fields jr., the man suspected of killing a woman when he rammed his car into a group of counter protesters. doug mckelway has more live. tell us more about today's hearing. >> well, as one lone white nationalist stood outside the general house befo

the president, ceo of merck quit the advisory council and made the statement about bigotry.resident super fast slammed him on twitter when it took two days to slam white supremacy by name. that caught a lot of people's attention. i want to point out to trump's job approval rating, latest gallup poll, 34%. a new low, approval rating over the weekend. when i dig into numbers, white non-college grads, disapproval 46%. he's the president of the base, not -- he's reluctant because he's really looking at that base, isn't he? not looking at the broader picture. >> yeah, that's why this is a perilous political calculation for the president. you can sort of understand the argument that this is a bill that supported him, helped him, that may have made the difference in electing him president, looking forward, it's not going to be enough. when you get around to 2018, much less 2020, he's going to need both people who support him for ideological reasons, plus people who support him because they want to see his economic agenda implemented. when you talk to a lot of americans, it's the ec

to this day, as of 1979, the first box of mnr vaccine that merck manufactured was with rubella vaccine in it. to this day, this vaccine protects 4 million american babies who are injected with it. and it's exported to 40 countries. no doubt it has prevented tens of millions of abortions andrm fetal abnormalities. the first vaccine made was the fetal cells that arrived in 1962 was finally approved in 1972 by u.s. regulators. how did this happen? 1972 rod murray was pushed out of his job as the u.s. vaccinene regulator and it was moved over to fda. this poliovirus waxing became the first on the u.s. market made with those cells. what happened, we left him back in 1962 having just arrived under that contract that said we had to hand them back over when the contract was up. by 1968 he was tired of being treated as a second-class citizen by the rest of the world class biologist. he found himself a better job ae stanford. this is to remind you of him, the polsky had designed -- hang on. he had designed the cells. by 1968, he made a rubella vaccine and the cells were there in abundance, and f

plank's resignation follows merck ceo kevin frazier's resignation earlier today. and he also cited the president's response to charlottesville. donald trump has attacked frazier twice on twitter since he quit the council. >>> thing 1 tonight. the escalating feud between white house chief strategist steve bannon and national security adviser h.r. mcmaster. following a weeks-long war on mcmaster from alt-right publications including breitbart several prominent republicans are coming to mcmaster's aide. senator john mccain writing tonight, "the recent attacks upon him from the so-called alt-right are disgraceful. such smear tactics should not be tolerated." and one of the gop's biggest donors, las vegas billionaire sheldon adelson declaring his support for mcmaster. yesterday mcmaster repeatedly dodged questions from my colleague chuck todd about his relationship with bannon. >> can you and steve bannon still work together in this white house or not? >> i get to work together with a broad range of talented people, and it is a privilege every day to enable the nationa

juan: monday morning, the ceo pharmaceutical giantfra merck can at fraser, african-american, resignedm the council sayingzi "america's leaders must byor our fundamental values clearly rejecting expressions of hatred, bigotry, and groups of from sikkim which run counter to the american idea that all people are created equal." it took president trump two days to condemn the violence of the white supremacists in charlottesville. it took him only an hour to attack fraser for resigning, tweeting -- "now that ken frazier of merck pharma has resigned from president's manufacturing council, he will have more time to lower ripoff drug prices!" the ceo of intel and under armour also resigned on monday . ta-nehisi coates, your sense of how these corporate executives saying we're not going to be part of this anymore? is good to see, but, again, i go back to this he is who we got he was. this is not new for donald trump . steve bannon did not suddenly materialize in the white house. donald trump has a record. me, but i amust sort of amazed that people are sort of throwing up their hands "i'm shock

is it just merck ceo is on there? to me i found that a very strange tweet, because he is not backing me up and saying i didn't say the right thing, now i will go after pharma. david: you see what i'm saying? is it conceivable one person right of personal conscience to take a company, if you feel that way, resign, get rid of your multimillion-dollar salary give it to somebody else, but the company deserves a seat at the table. they have one now. or they used to have one. they don't because of one person's personal conscience. >> absolutely but i think it gets really complicated because you're dealing with a president who does have rather high disapproval ratings and rather low approval ratings. it gets very complicated when topics of this come up so polarizing as a ceo. david: i don't know. i want to make money period. as a stockholder i want to make money. steve, lenore, thank you very much. good stuff. appreciate it. melissa. melissa: we're still awaiting a live press briefing any moment from the charlottesville poli