michael: michael. pleasure to meet you. lemonis: michael, nice to meet you.interesting scent in here. michael: yes, it is a pretty heavy aroma. i don't smell it at all. lemonis: it's strong. michael: we're cheese guys. we smell nothing. lemonis: how you doing? i'm marcus. josh: josh. nice to meet you. lemonis: nice to meet you. julius: hi, marcus. julius. lemonis: julius, nice to meet you. julius: this is angela. angela: hi, marcus. lemonis: really nice to meet you. how long has the business been here? julius: in april, it will be 20 years. lemonis: in this location? julius: in this location, yeah. lemonis: but the company has existed for how long? michael: 1954. lemonis: and when did you guys buy it? michael: 16 years ago. we do kind of three businesses in one, so we have the retail shop. second one is online, and then the third one is a wholesale business where we sell to restaurants and hotels. we have 5,000 restaurants in manhattan that we can sell to. lemonis: how many do you service? michael: probably, like, 65, so 0.1%. lemonis: oh. a little smaller th

michael: tonight on "4 corners," "the united states versus julian assange." ♪♪♪ michael: in june 2012er pressure, wanted for questioning in sweden over allegations of sexual assault and the subject of an ongoing investigation in the united states over the publication of huge tranches of classified information. on a spring day, he made his way here to the ecuadorian embassy in london, seeking asylum. jennifer: julian sought asylum in 2012, in the ecuadorian embassy, because he didn't have assurances that, once in custody to face extradition to sweden, he wouldn't be served with a u.s. extradition request. we had asked the australian government to seek those assurances. the australian government had refused to do so. it was only then that he sought asylum, which was his right as a matter of ternational law. fidel narvaez: julia arrived around 1 p.m. it's publicly known that he was disguised as a deliveryman. he had his request for asylum written and ready. he handed it over to us. michael: fidel narvaez was consul at the embassy when ecuador took him in. fidel narvaez: we were challengi

>> michael did. >> who's camera? but danielle denied that all this elaborate spying escalated into a murder plot. instead she said, it was simply preparation for her pending divorce. >> and i told the attorney about and the attorney said, whoa, you're good. because he said that's good evidence. >> she wanted to be able to just have leverage and the able to embarrass him. >> but danielle told the detectives another reason was plain old curiosity. >> i had to see for myself that it was a girl. it broke my heart. >> how did you -- ? i >> don't know why because, i was cheating on. my >> and that's the question. i >> you are doing it for four years and why did it break or her -- if? >> i think still love my husband. i still have feelings for him. >> what's more, danielle said she and michael had stopped their spying weeks before the shooting. detectives also asked about those text messages which they found so troubling. danielle said they were all in fun. they first question danielle about the text michael sent her. >> i

michael. michael: i think the supreme court's decision that you could not bring federal claims into federal court about gerrymandering. i think it is very ominous. it is particularly ominous in the south. most democrats tend to be black and latino, nonwhite. georgia and texas, for example, they get 25% to 28% of the white vote. the only way that he grabbed a disproportionate share of seats -- it is very ominous. all the more reason that there is a statutory ban -- that a statutory ban would go a long way of leveling the playing field. >> a quick call from mary. caller: i think that the basic question is not when you use the sentences to elect congress, congress is supposed to represent u.s. citizens. there should be the question, are you a u.s. citizen, or are you a noncitizen? it is taxpayer's money that is delegated to the states. i do firmly believe that the question must be process in terf apportionment in the state? guest: the next step is that data will come out in the fall and we will b

(indistinct chatter) >> michael: >> guard (in tigrinya): >> michael: >> guard: >> michael: ♪ ♪ >> narratorees we interviewed over the course of our investigation. for their safety, we agreed to conceal many of their identities. we also reviewed and verified more than ten hours of secretly shot footage from inside the country. the eritrean government would not speak to us about what we'd found, other than to say the allegations were "astounding" and that they'd seen many fabricated stories before. >> michael: ♪ ♪ (man speaking, voice distorted) >> narrator: shortly after meeting michael, we made contact with a secret group of eritrean activists. we met them in a café in the ethiopian capital. ♪ ♪ >> man (in tigrinya): >> narrator: they told us they were in touch with a network of fellow activists in eritrea who could provide us with more undercover footage from inside the country. they said it was dangerous and would take time. we would have to wait. ♪ ♪ human rights groups accuse eritrea of running a national network of jails and detention facilities like the one michael filmed. for two ye

michael: no. linda: michael was extremely helpful. that event is when president clinton acknowledged, did his vehicle but -- did his mea culpa around monica lewinsky. >> was it that event? michael: it was his first public appearance after the monica lewinsky scandal. he called congressman lewis and told him that he did not think he would be able to make it. the congressman said, mr. president, you are my friend before and after. i expect you to be there. he was there. michelle: what a history this is. it is amazing. a couple of people have asked questions about the young folks that congressman lewis was so interested in. i'm going to ask both the questions and then i will frame it a little bit. maisie is asking, what can we do to cultivate leadership in our children, teens, and young adults? where's the other one? buck is wondering -- he works with college students, young people. he would like to hear more of how we can help our unemployed neighbors rather than, i have to have my spring break trip. the way that i want to frame this is

michael was good enough to loan us several items from his collection. found some great artifacts here in our own files of letters that coach smith sent michael, of things that he wanted him to work on. a recruiting card that coach smith kept on every player that he ever recruited. and one of the great things about that card, first of all, on the card it's mike, not michael, and magic jordan. his nickname, magic, like magic johnson. a lot of people didn't know in high school michael's nickname was magic jordan. on the other side of the case, we were fortunate that michael let us go to his home in chicago and pick out several items to put here in the museum. whether it was nba all-star game trophies, mvp of the all-star game, national player awards that he won here at north carolina, one of the items that gets a lot of mention is a recruiting letter that coach krzyzewski at duke sent michael. michael has great respect for coach crzyzewski. we're very fortunate. michael is a great ambassador of the university of north carolina and certainly one of the grea

with your payrolls report, here is michael mckee. michael: we are waiting for the numbers.e coming out slowly. we have a real surprise. it looks like a downside number. 266,000. this is going to get wall street's attention. i will tell you that. the unemployment rate does not change. 6.1%. here is a slap in the face to those who thought we would have a massive rebound immediately. let's take a look at the unemployment rates for different groups. that is what the fit is watching. unemployment for blacks went up by .1%. for hispanics, 7.9%. little changed. it seems some of the story about having trouble finding work were exaggerated, or a lot of people got jobs in the prior month, in march. let me check the revisions. tom: i want you to check the revisions. 30 seconds. we are seeing junk condition moves in the market. jonathan: a big downside surprise delivering a big bid into the bond market. down eight basis points. your two year yield in a basis point. in the equity market come the s&p 500 futures stay positive. there is the move in the bond market. i think we need to be c

michael mckee, what is your observation. michael: we are looking at energy prices.e down on the month. overall energy down .1. motor fuel down 1.3%. gasoline down 1.4%. it is not the kind of gasoline story a lot of people thought it might be. where we are seeing increases is an apparel, up .3%. new vehicles up .5%. use vehicles come up 10%. tom: your report is used cars up 10%. michael: you can go sell that old sliver you've been driving around in. we also get a little bit of inflation in shelter as rent prices go up. 8.4% increase in shelter. -- a .4% in shelter. apparel up .3%. tom: with this higher inflation, the real wage goes down. we see that on the bloomberg terminal. can you ascertain with the economic data what wages are doing? michael: it is hard because we have all of the base effect mixed up in all of this and last year's impact. i will have to take it apart a little bit more to figure out exactly what is happening. real average earnings on a year-over-year basis, weekly earnings down 1.4%. average hourly earnings down 3.7% when you account for inflation

michael: that's a great question -- that's a craig question.r league just renewed with a flat contract. in fact, they didn't even open it up to bidding and the u.k., so they renewed with sky so it stays on. i think probably, that works well because i don't know that they needed the extra publicity. there's a lot of animus over the whole super league debacle, and a lot of unhappy fans that still have a bad taste in their mouth. jonathan: craig, i couldn't agree with you more. michael: ironically, although football prices in europe are flattening, and america the prices keep going up. our market is really primed for multisport in a way that others aren't. jonathan: craig, we didn't get to talk much. sorry about that. [laughter] we give michael all the airtime. we got to leave it there. craig moffett and michael nathanson. that is the situation at the moment. i think michael's point on the streaming business is a really interesting when going forward from here. there was a ton of pull forward, and it is not a come incidents that we saw a big miss

let's bring in michael mckee for more. michael: good morning. interesting numbers for the markets are 41 million in 10 year notes. 58 billion dollars in three-year notes. $27 billion in 30 year bonds. these are not significant changes from the previous auction levels although we did see the treasury seeing their country bring the amount -- they are four bring -- they are quadrupling the amount tomorrow. the treasury is bringing back concern about the debt ceiling. it was suspended by congress does give years ago and comes back july 31. the big deal is always will be u.s. default? republicans have been suggesting they may hold it up again. today the treasury says they are evaluating scenarios on the debt cap, and the extraordinary steps they take like stopping investing in government pension plans. the red headline is they may run out of room more quickly than they have in the past. the extraordinary steps may not keep us going as long as they have in the past. a warning from the treasury department to the markets and members of congress on capit

with your data, here is michael mckee. michael: retail sales. we are waiting for that to drop.give you the import price numbers. import pricing on a month or per month basis up 1.2%, the forecast was for seven -- was 4.7%. -- was for .7%. we are getting inflation pressure overseas. we do import a lot of stuff. the numbers have not come in from the commerce department. here we go. april retail sales were flat. no change in april retail sales. march was revised to a 10 point test -- to a 10.7% gain. we do not see any real benefit continuing from the stimulus. the thing to remember is this is a month over month percentage change. we could still have elevated sales on a dollar basis, but not major change in how much we have. let me take a look and see. motor vehicles up 2.9%. furniture was down, which is a bit of a surprise given the home sales we have had. electronics and parts, 1.2%. building materials down .4%. what we have been looking at is the food and drinking establishment as states reopen. they are up 3% on the month. we did get some business out of them. non-store retaile

we need to see what michael o'leary has to say. in terms of data, i put the csx 300 up there, rarely china is shrugging off -- clearly china is shrugging off some of that data. but the asia-pacific is lower alongside u.s. equity futures even though on friday wall street closed higher. 10 year yield, 1.6%. the british, 140.85, it is u.k. reopening day, but questions and currents -- and concerns persist on the indian variant. manus: another line, michael saying he cannot provide guidance into 2022 at this time, is it because of the variant? we will get to gatwick a little later on, that -- but the green list, you made the point that ryanair added seats to portugal, on the green list, but the holy grail of spain and greece are on the amber list so you still have to quarantine when you come home to the united kingdom. one could say that portugal will not save the summer either for european holiday season or indeed the discount airline. those questions to mr. o'leary in a short while. does he need to raise more capital? let's reset and

i will go to you, michael, as promised. you worked there with them, as well as anything else you wanted to add, sir. >> what i wanted say to you was give you the answer to the question which stephanie didn't want to give you the direct or wasn't knowledgeable on it. allen managed the trust and the two boys, don and eric, managed the company but allen was the gatekeeper. mind you, each and every day they sent information back to donald in the white house, who was, of course, signing checks on behalf of the trump organization, donald trump trust. for example, when he signed the $35,000 check, the first installment of my money back on the hush money payment. that was to answer that question. as far as the nonsense they put out about how fortunate that they are to have so many people coming to the various different, you know, openings and so on, most of them are employees that were there or people that are related to the project in and of themselves. the you can rest assured nobody from the street decided to come in to just sit

but i know michael is the greatest and kobe was right along with him i told michael at 27 years old, and he was 27, i think he would have gave it to him. i literally told him that. got punched in the stomach for it, but i told him. >> what about the two, john, was so similar was it the competitiveness, the drive, something more? >> yeah, like michael had -- you see it they both had this unbelievable thought, this mental health of -- nothing off court made a difference what was going on in the stands didn't make a difference, who came into the game like they were just only about the game right there about that game. and outside stuff really didn't affect them. >> it's interesting, during "the last dance" which i know you watched, we all watched during the pandemic you really got a look at michael jordan, the competitor, during the practice sessions. i'm wondering if you saw that same sort of thing in kobe bryant at practice too >> it was different. phil ran practice a little different than he did in chicago. but yeah, when we practiced, we didn't -- we didn't really scrimmage a lot wh

michael cohen is because michael cohen knows everything. now, who knows more than michael cohen? allen weisselberg. the fact that these two men are ensnared and in the spotlight tells us that donald trump is concerned. >> ari, it is your turn. i'll go upstairs and watch you. >> all right. we'll keep going. i want to welcome everyone to "the beat." i am ari melber. we begin with bombshell breaking news in the trump criminal probe. "the washington post" is reporting the manhattan da investigating donald trump's company has convened a grand jury for the first time to weigh possible charges. this grand jury would be expected to decide whether to indict any individuals at the trump organization that could include potentially considering whether to indict its founder and chief owner donald trump. other executives, as i was just discussing with nicole wallace, also face potential exposure. cy vance has an investigation that according to "the washington post" as well as according to any basic standard legal representation has reached an advance stage. advanced is how the post put it. we

why would i as trevor noah work out with michael b. jordan, to feel what about myself, michael?hich is (~bleep~) hard to do. ( laughter ) >> trevor: let's talk about the movie. tom clancy, man. anybody who's loved the books, the games, i grew up playing rainbow six, so did you. this movie without remorse, i watched it with my brother and he was, like, this is amazing. i haven't seen an action movie like this in a long time. why did you choose to do it and what made you think, you know what? i can make this something special. >> first of all, thank you, appreciate that. glad you guys enjoyed it. like you, i was at home as a kid playing rainbow six video game for hours and my mom would yell, get off that damn game! and i would be envisioning myself in these missions. so i had an opportunity to take, you know, a tom clancy favorite, you know, and john can elie and give it a breath of fresh air, modernize it, make it more of a reflection to have the world we live in today. these types of movies are what i grew up watching. i love action movies. so i was, like, one day i want to do m

st michael's mount is hiring.have just about recovered from the thrills and spills of the fa cup final. john has got all the aftermath of that, and the rest of the sport. good morning. 21,000 fans inside wembley and they were treated to a goal worthy of winning any fa cup final. yuri tielamans with a moment of magic that won leicester the trophy for the first time in their history. natalie pirks was there. singing. it's been a while since leicester city had an fa cup final to savour — 52 years, in fact. so happy to be back! the mere thought of winning it for the first time brought out all the emotions. i've dreamt of it as a kid. it's something i've always wanted to do, come to wembley and watch leicester... we've been waiting for this for all our lives. it's starting to feel like old times, with fans back in attendance at the fa cup. leicester city supporters are so excited, of course, but chelsea fans, they're confident too — back in 2012, they sacked their manager and went on to win the fa cup and then the cham

for more founder and ceo michael dell michael, great to have you on.out cloud and the vision but start with the current new shape of dell after announcing the vmware and booming spin-off you say you'll continue to have a working relationship with vmware and customers won't notice the difference. what's the new focus after the spin >> oh, look, today we have announced that we're moving our whole business to, as a service and on demand. apex is now live for us a big expansion and customers have been telling us and we've been growing our on demand kind of cloud experience business, and this allows us to provide flexible consumption, scaleability, simplicity right now we're offering our apex data storage services this is, you know, done in a very transparent way as far as pricing. no over rage feeing integrating compute, network and storage together apex flex on-demand. allows customers to scale up and down as their demands change and pay for that they use and our apex data center utilities which provides incredibility flexibility in metering and managed s

michael, you are at the training session.icked up, a nasty not for gun begin. this could be serious. i saw him throwing _ begin. this could be serious. i saw him throwing -- — begin. this could be serious. i saw him throwing -- holding _ begin. this could be serious. i saw him throwing -- holding onto - begin. this could be serious. “3—130" him throwing —— holding onto his side, a tier, something uncomfortable come the cameras roll over its domestic and matching from a big story, big talking points let's hope it's just a little bit of fatigue and he will be fine. that's the best case scenario.— the best case scenario. going in ci 's the best case scenario. going in city's favour. — the best case scenario. going in city's favour, goals _ the best case scenario. going in city's favour, goals come - the best case scenario. going in city's favour, goals come from i city's favour, goals come from everywhere, he is one of seven players in double figures, which is absolutely astonishing, isn't it? how, with gun begin or not, how do

michael: i don't think you could rule it out. in this scenario were talking about with the inflation not coming down as much as the fed expects, i think to some degree it will be guided by markets in the sense that if market expectations going up through 2.5% and rising quickly, they will realize they need to act. it's quite possible that even though the fed's mandate allows them -- it encourages them to allow the economy to run hot, but it might just be that quite rapidly rising expectations might make them think they need to start talking about a timeline next year. i think the market will nudge them toward that, but then obviously when they start talking about it maybe the fixed income market will relax a little bit. manus: i've never seen a bond trader with a soft knock. maybe the fx traders are different. with the narrative you've just given to me, i'm reflecting on what wells fargo said, do i lean into financials? do i take more financial exposure based on the possibility of an earlier taper and perhaps a tightening cycle o

i'm michael holmes. you're watching "cnn newsroom." coming up here on the program, the cease-fire between israel and hamas is on day two and is holding right now. what u.s. president joe biden says was the key strategy. >>> hope amongst the violence. meet the arab woman whose life was saved by an israeli man's kidney. >>> and who's in, who's out, and why one player could make international history. all the latest on the pga tour. ♪ >>> it is now 10:00 a.m. in israel and gaza. the cease-fire that began early friday entering its second day, but all is not quiet. friday prayers at the mosque in jerusalem ended with israeli police sweeping through the plaza in an aggressive show of force. we'll have more on that in just a moment. >>> meanwhile, a key border crossing with gaza was opened on friday to allow humanitarian aid in. among the shipments, a mobile hospital. the u.n. announced it is sending more than $22 million worth of aid, including food, medical supplies, and covid vaccines. for more on friday's u

> one of my first times out to be with michael douglas.st memorable dramatic roles in movie history. >> greed, for lack of a better word, is good. i will kill you. my name is andrew shepherd. i am the president. >> as "the kominsky method" reminds us, he can do comedy do. >> for a man of your age, it's the kiss of death. kiss of death. >> the 76-year-old douglas earned a golden globe playing sandy kominsky, a briefly successful actor turned acting coach, whose best friend and agent is played by another academy award winner, allan arkin. in the final season, kominsky says good-bye to his old friend. >> we are here today to mourn the passing of my grandfather's meat body. >> it opens at a funeral. it's one of the funniest scenes i have seen in a long time. >> for the record, i did call the city of l.a. i couldn't get a permit for a viking funeral. >> i don't know if netflix will shoot me in the back of the neck. they are paranoid about giving information away. >> we are okay with that. a lot of the fun, you and alan are deal with questions a

the family of michael rudometkin is scaring their memories of the fallen vat worker.0-year-old technician lived in santa cruz with his wife gloria. she had this to say tonight. "mike was a genuinely likeable, nice person. he was there for his friends, family, neighbors and co- workers day and night with a smile and an open heart." and from his parents, gary and rose," michael was the kind of guy that would give his last penny and shirt off his back." >> his sister janelle and brother-in-law alfredo also sharing their thoughts saying, "we will miss him dearly and we are so thankful for the community's support." for information how you can help those affected by the shooting, we have all the details on our vat stories on kpix.com. you can also find take link at the top of our home page. >>> still ahead scott peterson will not face execution for the murder of his pregnant wife. tonight prosecutors explain their decision. >>> tonight an arrest in a string of shootings terrorizing drivers in southern california and apparently it's all thanks to a tesla. >>> plus how bay ar

michael: -- pres.ostic: how real-time growth system serves a lot of the purposes you would need to look for from a digital currency. in that regard it takes is very far down the road. as you know, there have been so many evolutionary developments in the digital currency to the extent we need to have a digital currency that is issued by the central banks. one of the things that has been interesting is there are lots of issues around this. questions about the relationship between the central bank and the american public that we have to sort through. that work needs to happen. it will take time to get through it. when we do we will take that information as well as what we are seeing globally to make a decision about where to move forward. michael: let's turn to monetary policy in the economy. we have not had a pandemic like this ever, at least in terms of since we have had data. in recent weeks we have had a big downside miss on jobs, and upside miss on inflation. i am wondering as you try to figure out h

michael shall. -- michael shaoul.remember in march when the pound broke down big time? tom: it is important you bring this up. i thought i saw 18 or 19 big figures on the euro yen move. there been huge moves coming out of this pandemic. jonathan: the closing low was 1.1485 was march 19 of last year. lisa: i'm trying to understand this dynamism of the u.s. economy and how long it can lead. will we see a reversion to the consensus at the end of last year? will we see an ongoing feel of that as the u.s. reopens, or is there something different about how economies are reopening? and the fact the u.s. is vaccinated so much more quickly than other countries. tom: i think you're onto something. we can make a joke about it and call it the pendulum of something different, but that is the core fear. jonathan: lisa will never live that down. most people assume the consensus view still is -- people assume dollar weakness. tom: you are off your chair at a podium? jonathan: no idea what is going on this morning. in about 10 minutes

i'm michael holmes.ppreciate your company. >>> coming up here on "cnn news newsroom", after 11 days of deadly fighting there is finally a ceasefire between israel and hamas. we're live in jerusalem with the very latest. >>> disturbing new video of a black man who died after being dragged, cuffed and tasered by police, but his family says they were told he died in a car accident. >>> prince william slamming the bbc and it all has to do with an interview of princess diana back in 1995. ♪ >>> there has been calm in gaza and israel for the past nine hours now after an unconditional ceasefire took effect at 2:00 a.m. local time. both sides agreeing to end 11 days of fighting in a deal born of pressure from the u.s. and mediation by egypt. the gaza health ministry run by hamas reports 232 palestinians were killed since the escalation in fighting last week. the number of dead in israel is 12, double its civilian death toll from the last big confrontation seven years ago. u.s. secretary of state antony blinken w

we're here with michael che.l the episodes was done so it took me, like, kind of the whole time but then also a week right after. i was like, "oh, this is what it should be called." >> seth: so it's called, "that damn michael che." but that wasn't your first choice >> no. >> seth: you put this on instagram. this is a photo of tilda swinton with the "that black ass michael che," no [ laughter ] we should clarify that tilda swinton never said this. >> well, not that i know of. [ laughter ] >> seth: we could never -- with contempt in with her, like, 24/7 or anything >> i haven't heard her say it, no >> seth: so what's the back story of this? >> well, i wanted to call this show, "that black ass michael che" because in my head, let's just say, it's not going to win an award. but let's just say we're to win an award, right? and then tilda swinton is the presenter and she has to open the envelope and say, "the winner is, 'that black ass michael che.'" i just think that would be fantastic and cool and it would be worth i

as we said, michael is never far.lped. thank you for letting us into your homes. "the beat" starts right now. >> hi, nicole. boy, do we have a big show for you right now. mitch mcconnell admits it. his only focus, his words, is stopping joe biden. the kind of statement that could shape the rest of this biden era, and we have the tape later tonight. "the vu" cohost sunny joins us later. we have so much to talk about. we begin inside the criminal probe into donald trump's former lawyer rudy giuliani. the feds now scouring his phones and

michael: not really. there is an avalanche of supply coming to the market in terms of the companies issuing debt. we thought there might be lower supply of new issues this year given the record amounts last year and the excess cash many companies have on the balance sheets. but it is not slowing down. it may be a function of companies seeing labor yields are staying low and why not issue more debt? at these low levels and historically tight spreads? we will see record low default. exceptionally low real rate considering the economic path we are on, default should be low. they should be lower going forward. the next 12 months, high markets well ensconced in this good environment. tom: give us your pro perspective on the amazon offering of a few days ago. 18 million large stuffedferro got some 40 yield. michael: people who were one to be conservative are for yields, literally. at corporate bonds in general, trade, excess for those bonds and companies like amazon are taking advantage of the fact markets are

you for joining us, michael gerhardt, h.w. brands and judy keys for. >> delighted to be here. >> i want to begin with a memorable scene in your book and it seems especially relevant at this challenging moment and that is 1837, lincolns speech to the young man's lyceum of springfield. it is time of mob violence. elijah lovejoy, abolitionist minister has been murdered by a mob as has been an african-american man in st. louis. and lincoln uses the word mom or mom's eight times and he refers to an ill owned bowman developing in the nation by which he means the increasing disregard for the law which pervades the country, growing disposition to substitute the wild and furious passions in lieu of the sober judgment of the courts. and inflamed mom passions and says only reason, sober cool and impassioned reason can save us along with allegiance to the rule of law. obvious modern residences but this distinction between reason and hassan was one medicine used in the constitution and you say lincoln is on one hand the dangers against the

michael, good morning. everybody seems to be on one side and that is negative.s it may be, is it possible to see the other side is there anybody aside from david of discovery that has gotten it right or gotten a good deal >> good morning, brian nice to be with you. look, i think you have to separate the discussion about what was done in the original merger clearly there were flaws in the strategy and challenges in the exec execution. let's put that aside for the investor and employee and stake holder, what does the future hold? you will have two stronger companies here without a doubt you start with the strategically focused. they both have scale and for the combination of time warner and discovery, they have global opportunities which will be critical to compete with netflix and the world. there will be challenges without a doubt. jim cramer's comments about transformation there will be a lot of heavy lifting to merge the two businesses together. i recall it took 20 years for f frit-o-lay to gel when that merger was done. the industry is still going through cha

michael: absolutely. now through these actions with our fellow guests as they have described, he has expressed what a big threat navalny is. i should say, one thing we have looked at and have seen from covid-19 is a lot of strongmen in authoritarian regimes have used the pandemic to level the playing field in their favor. that is exactly what is happening right now. i would describe the actions as chilling, as scary, as there is no limit to it. they have gone after political opponents, but they have not finished. they are also going after media. you will see liberal media outlets closed down. you will see artists already under scrutiny and will be intimidated. the thing that worries me too is the list of countries, including canada where i am right now, will be labeled as unfriendly countries, and what that means on a practical ground is that russian staff of various western embassies will be not allowed to be working there. one more quick thing if i can is another big difference between now and the cold

michael: i don't think so./20 was a very challenging time, not just globally, but if we are going to drill into the investment space, we saw things sell off precipitously. in many instances, crypto sold off even harder when you get back to march of 2020 come up in covid brought the global economy to a grinding halt. i think what you have seen is a real resilience and real strength in the asset class that drew in quite a few investors that have been very public about their participation in the ecosystem. it is not just visionaries like elon musk or jack dorsey. you are seeing real institutional involvement. when you combine that with what is going on on corporate balance sheets, adding bitcoin, as well as the surrounding environment and stimulus being injected into the financial system, you have seen investors continue to gravitate towards new stores of value and new returns for things like crypto. we only see that trend continuing. guy: michael, thank for joining us. i close on and shine of grace -- michael son

michael.hael: i think the supreme court's decision that you could not bring federal claims into federal court about gerrymandering. i think it is very ominous. it is particularly ominous in the south. most democrats tend to be black and latino, nonwhite. georgia and texas, for example, they get 25% to 28% of the white vote. the only way that he grabbed a disproportionate share of seats -- it is very ominous. all the more reason that there is a statutory ban -- that a statutory ban would go a long way of leveling the playing field. >> a quick call from mary. caller: i think that the basic question is not when you use the sentences to elect congress, congress is supposed to represent u.s. citizens. there should be the question, are you a u.s. citizen, or are you a noncitizen? it is taxpayer's money that is delegated to the states. i do firmly believe that the question must be process in terf apportionment in the state? guest: the next step is that data will come out in the fall and we will be dr

michael: thanks for having me.mic has pushed the fast-forward button on the adoption of online. what we have seen over the last months in terms of new customers joining our platform, trying out to buy expensive pieces online. we are convinced and we firmly believe the increased online share in luxury is here to stay and it gives us a new base to grow and to continue our trajectory we had for the pandemic. it was a fast-forward. we are now planning ahead in terms of our trajectory. alix: there has been an emergence of a lot of luxury sites. i know this because i frequent many of them. how do you compete? will it be on sales, on offering, on free shipping? does that wind up hurting margins? michael: we firmly believe we have to compete on customer service. mytheresa has been profitable from its inception, and one of the key characteristics of our business model is stable cost margin. we believe luxury should be a full price business, we believe in duration, you need to offer customer something unique. we constantly l

and of course michael steele is still with you.find so haunting. he says we need to know why it took so long for the reinforcements to come. the entire animating theory, other than the politics about benghazi, was trying to find out why it took so long for reinforcement to come. there's too much conspiracy layered on top of that, but why don't they want to know why it took so long for reinforcements to come to the capitol? >> i can't figure this part out outside of political bringsmanship, the decision trees, decision flows, and various players i think would be critically important to understand, so that we owe it to these mere, also as what is mentioned? , we haven't defused this issue. it could very well happen against in what's important in that law enforcement itself an investigation couldn't uncover, or a committee in and of itself. the commission has to do the deep dive, present that information to the american people and present a road map to ensure it does not happen again. that's i think where congressman katko is trying t

michael o'hanlon: great. i wanted to ask a general philosophical question, if they were going to be on arms-control goal or further reductions in u.s. and russian and perhaps chinese nuclear arsenal,s what should that be in your mind? arsenals, what should that be in your mind? in the last few years, we haven't really been able to pursue further reduction largely because of russia's behavior in the sense that we needed to push back against that but and we couldn't really work with russia on arms-control and so i realize there's impediments and any further progress in reducing the strategic nuclear arsenal, but i wanted to get your sense about if you wanted to give a vision or a longer-term goal of roughly how big you think the strategic arsenal needs to be. i realized already touched on this by saying that the commendation of china and russia has potential adversaries complicates the calculus and we still perhaps need to come up with a better paradigm. do still have a gut instinct about how low we should be t