>> very exciting >> we have mike jackson from autonation very exciting. going to use the same -- i'm going to tweet out the same thing. autonation out with big news this morning joining us now is our guest host for the next hour and a half, mike jackson ceo of autonation soon to be executive chairman of the company. what's the date? >> well, when the new ceo is selected by the board some time in 2019. he'll be the new ceo and i started thinking about this a few years ago and looking ahead said in 2019, i'm going to be 70 years old and have been ceo 20 years that's sort of like a rule of 90 i'm breaking through that would be a good time to hand the baton to a new ceo. company's in great shape we've built a brand that's trusted and admired by customers. our consumer satisfaction is through the roof we set 20 straight years as number one automotive retailer in america brand extension is coming to life so rule of 90, next year is a good time. now, the board i'm very happy to say has extended my contract through 2021 i'll become executive chairman some time ne

we will talk with mike jackson from autonation. we are about 30 minutes into the trading session in the united states, a mixed session so far, but we have the latest. >> yes, it is looking a little mixed this morning across the major indexes. the dow jones and s&p 500 rising and the nasdaq lower slightly. the s&p is advancing for a second day. has not few days, it seen a 1% move since the first of june. markets are focused on trade talks today, but trade talks are happening in d.c., with u.s. officials said to be meeting with canadian officials. let's change the board. we can see materials is on deck, the best farming sector through father's day. businesses are said to be closer getting the antitrust that is for the merger said to be worth about $45 billion, and they are said to be offloading more assets, a key factor in guessing the deal and if it will get done. this is after we are said to be seen a pickup in demand from china. that inclines chinese policymakers to invest more in infrastructure. the last few months they have seen

. >>> after two decades at the helm of auto nation mike jackson is stepping down as ceo as soon as next year he will remain executive chairman at the company. and the german tri-athlete knows how to get his money's worth he went out to enjoy an all you can eat buffet in germany and finished 100 plates of food. he consumed as much as 18 pounds of sushi or about 4,000 calories but the restaurant's owner called the consumption not normal and banned him from dining there again that's the news update this hour brian, back to you >> it's not all you can eat. it's all we think you can eat and no more. >> that's exactly right. >> pete is banned from shoney's for life that may or may not be true. you know what it is? >> i do. >> thank you very much >>> shares of e-trade financial, the stock we referred to down nearly 9% the past month najarian joins us at the telestrator. >> these guys made a really smart move a couple years ago. they bought the company pete and i founded. that was a really good move. the stock give or take, they come scrambling in and they buy the 60 calls they sell a call abov

also look at this, shares up on the news that veteran ceo mike jackson is actually going to be steppingn from the chairman/ceo and president role. he's been there 20 years at the company. the stock is up 2% right now. this doesn't mean his tenure's.coming to an end. in fact, his contract was actually extended through the end of 2021. so he's sticking around, and he's been a very important part of that company, really surviving the retail apocalypse in the age of amazon. that stock is up almost 2% p. >>> now let's look at tesla. okay. the company reversing course. the stock, anyway. just one day after the doj announced the electric vehicle maker was under investigation for fraud over public statements made regarding, you know it, the tweet that went around the world back in august when musk talked about the company going private, having the funds secured to do so. well, short interest in tesla started to back above 35 million shares on the heels of the doj news on tesla. yesterday the stock is recovering a little bit, it's up a little more than 4.5% right now. but again, this is a crimin

let's bring in mike jackson, principal of 2050 marketing and a cnbc contributor. this a smart move by nike a risky move, one that is likely to end up more positive than negative or exactly the opposite >> when i saw the tweet from colin yesterday i immediately thought about the fact that this just do it campaign is 30 years old and that equity that they've built up over time and their timing is just impeccable. they've always been about storytelling and obviously i don't want to say that the scent is not real. people are very passionate. i don't think its going to be overwhelming for the nike brand. >> so you think that the controversy that they're courting here, because that's the only way to put it, is not only survivable but that it will short-lived because colin kaepernick, whether you agree with his right to protest or how he did it or other things he's done or said, he is radioactive in lots of ways. >> nike being a global brand and colin's ultimately going to be one of the most recognized modern day era civil rights activists and the whole notion that they

mike benner half. the heavy hitters, metallica and janet jackson will perform the benefit concert for the ucsf children'spital. >>> sales force ceo tony $15.5 million to public schools in san francisco and oakland. kicks off the company's reports covered by think the donation as part of his responsibility as a native san franciscan and local businessman. the money will be used to bring peter zampa pathologies to public schools in both districts. improving public schools is critical to helping students get jobs in the new economy. >> new information about the at canada jetta nearly crashed into four fully loaded planes awaiting on and sfo taxiway. ntsb said the air canada pilot mistook the camp -- taxiway for runway during the near miss last year. ntsb said they did not adequately review a warning to all of the pilots that a runway had been closed for construction. federal safety officials blame a lack of awareness by the pilot as well. they also said that excited crew fatigue and other mistakes as contributing factors. >> there was no indication that the crew was aware that they had overflown air carrier

mike. >> good morning, reggie, jessica. hi, everybody. it's near jackson, mississippi, right now. the winds 35 miles per hour. it has weakened below the threshold and it will continue to unwind if you will, but as it does it's going to unleash a whole lot of rain, especially to the east and north of it as it moves through mississippi and eventually into arkansas over the next 24 hours. you can see about two and a half million people from arkansas, mississippi and alabama under a flash flood watch as the thing is pulling up a whole lot of tropical moisture and it is going to slow down because there's a cold front down from the north that will impede its movement to the north. we'll keep an eye on arkansas and mississippi the next 24 to 48 hours. back at home we have mist that's about it along the coast. mid 50s there. mid to upper 50s on the peninsula side, 60s around menlo park and redwood city. palo alto 58, hayward and fremont 60, antioch the rest of us mid to upper 50s, santa rosa about 52 degrees. a look at the san mateo bridge on the roads we have the spotty fog across the no

jackson. no word yet on his condition. mikeas the midterm elections near, concerns rising over potential election hacking, and those fears now compounded after a report claiming the widely used model 650 high speedball lot counting machine -- high speed ballot counting machine is vulnerable to a cyberattack because of a flaw disclose ds more than a decade ago. but the company behind those machines is defending their product saying quote the security protections on the m 650 are strong enough to make it extraordinarily difficult to hack in a real world environment. let's bring in vice president of clarity, a cybersecurity firm. great to have you. >> thanks for having me. mike: 38 days out from the midterms, are we ready? >> it is coming up fast. we're in a better place than we were in 2016 because it's been such a hot topic issue and been a lot of work done at the state and local level. we are not nearly as ready as we need to be. when it comes to election, cybersecurity, this isn't about databases or one particular voting machi

together to stand against a corrupt political machine that is run by mike matigan and that's funded by my opponent mr. pritzker. >> mr. jackson, you're a retired navy veteran who has been held in contempt of court for failure to pay child support. why should voters have confidence that you're prepared to run a $38 billion budgeted business in the state of illinois? >> well, i think my case is a perfect example of the flaws of our general assembly. i'm a perfect example of what happens when a member of our community get caught up into a judicial system that their' woefully and painfully unaware of. i served my country for 20 years, for 20 years i served this country, and then to come home to illinois and have to fight to be a father. you see, lake county, illinois, much like the rest of illinois is setting support orders that sometimes exceed national recommendations by two fold. a judge in lake county say i had, sir, you're going to have to tush turn over 40% of your come. >> that's that judiciary system and not the legislature? >> those who work in child support that make these calculations, these are the failures that occur

mike mullen. both presidents bush and obama have also entered the cathedral. also joining me will be chief white house correspondent hallie jackson. michael, two presidents giving a you' eulogy here. >> the same thing with lying in state in rotunda, maybe a dozen senators in american history has done that the last one was world war ii veteran. >> absolutely. it's a good idea where i think john mccain place his will be on the future and in politics. because i think one result of this whole week, and even a week for a president is a relatively new development. abraham lincoln took a week in 1865. but the modern era is ronald reagan one week after he died in june of 2004. since then, it's become almost the custom when a president passes, carried on by gerald ford two years later, you have the week, and that's portraying some ideas. but in this huge division today with donald trump with whom john mccain there was such conflict between the two of them, this is a week that john mccain is not only trying to, to the extent he planned this, effect his place in history, but also effect the politics of the next two years. and if the result

mike jack, he's going to transition next year. he was on "squawk" this morning. when do we get 30% of electrified part of the share of the market jackson10 or 20 years and how much of that is tesla and jackson answered that would be something the established dealer network autosector people are still having it out for tesla. >> i think it is hard for anybody to use it in the autobusiness to think about it you are talking about company of individual plants that produce multiples of what tesla is struggling to do a dealer network is based on the financing. it is a different model all together i feel the mental adjustment is difficult to a direct soul and a strong brand name and limited spl supply right now >> we'll have more on tesla when kay kelly from the new york times joining us the stock is down by a % right n now. >> it is off the lows, it is down about half a percent. >> we'll continue to watch these cannabis names and with the caveat of their $20 million revenues you have to pay attention to that 34% gained >> there is a 2019 consensus revenue for tilray >> how many am analysts are covering tilray? >> three >> exactly >> that goe