that's what i'd like to know. >> the big intuchl from anyone that was looking like the nordstroms. like the macy's. all of these stores that were competing with the third party retailers that paid no sales tax andidn't collect it. maybe that's the right term. and the key is while the states get a -- phil and i live in illinois. we're the most broke state in the union. i don't want to see infrastructure pay down our debts and get us out of the nightmare where our taxes keep going up for our properties. when you look at the retailers, wayfair getting hit, i see that. third party people on amazon, while amazon gets hit initially. not everybody is a third party sell or amazon, only half their business, i don't think they'll stay down very long on this news. liz: again, everybody is addicted to amazon anyway, matt. i see ira's point. what are you looking at here? >> this certainly isn't going to affect retail, right? we're so used to ordering online, so easy to do. this really isn't going to change it. there's supposed to be sales tax. might make the item the same price as the brick and

>> i'm basically on the corner of where the nordstrom is located at the mall. >> thank you for. that stand by. more from you in a second. i want to bring you up to speed on what we know right now. there be that a shooting at the capital gazette newspaper in annapolis maryland. it is a drive. it's not in central annapolis. not in the historic center of annapolis. annapolis is the capital offe d offered -- of maryland. we have reports from the capital gazette and now a reporter inside the building of a shooting. we don't have all the details but we know officers are on the scene. this is a tweet we got from the aerks tf. to assist our partners the an an rundle, the county in custom annapolis is in. an rundle is the lead on this, please follow their accounts for all official updates. prince georges, a neighboring county is sending resources. an indication this is something that we have to think about. minutes ago, phil davis a gazette reporter tweeted this, minutes ago, nbc local wrc spoke with an officer from the police, he says officers continue to work to clear the scene. >> ser

this is not the first administration to raise the matter of burden sharing or nordstrom to -- nordstrom 2. the administration is raising a. -- it. to see the 10,000 casualties on the doorstep of ukraine and irregular migration flows as a result of the conflict in syria, geopolitics is back and on a long-term basis, if we look back and say we were able to increase burden sharing, in germany in particular, that we killed nord stream two and got a more fair and reciprocal transatlantic trade, i think that would be a pretty good run. i think we could say on that basis, the west as a whole is collectively better for the strategic competition. none of these things that we are working on in our diplomacy, are things that we are approaching from a narrow u.s. self-interest. they are in the u.s. tantris. but what we have raised with european alley -- allies in the past, we want to make headway with. to make it interesting, when i first joined this committee, we met repeatedly with european partners and back then, the discussion was all about edward snowden, angela merkel's cell phone and then ch

microsoft, nordstrom, boeing and other big companies in the seattle area did not comment publicly. >>time is half past the top of tour, dreamers may be forced to face reality, house republicans teeing up a vote o containing daca bills but is congressa rush to get a bill passed? political panel on deck next. >> trump. >> donald trump punching back at robert they niro. how he just got the last laugh. ♪ why can't we be friends ♪ ♪ along time they all got a story about what happened to 'em. man 2: it was raining, there was only one way out. i could feel the barb wire was just digging into the paint. man: two bulls were fighting, (thud) bam hit the truck. try explaining that to your insurance company. woman: anotheding, another scratch. it'll just be another chapter in the story. every scar tells a story, and you can tell a lot more stories when your truck is a chevy silverado. the most dependable, loest-lasting, full-size pickups on the road. vojimmy uting): james!on has been jimmy's longest. he's survived record rain and a supplier that went belly up. so while he's proud to have helped p

of the united kingdom to the united -- to the ukraine over russia and do you share the strategic nordstrom?out the >> i am happy to reaffirm the united kingdom and support for the ukraine. to have a pleased further conversation about the support we can give to the ukraine and the work we are doing in reforms that are getting put through and, as i mentioned, i think it is important we maintain the sanctions because they haven't been fully implemented and that they need to show the russians we do not accept what has been done in the ukraine. >> it has been almost a year and trigger antion amendment for abortion across will thed kingdom and prime minister give a commitment ont she will have a vote decriminalization? the domesticy that violence bill will be published and we have taken time to work with those who are involved because we want to make sure we get this legislation right for woman and i believe a should have the rights to a safe and legal abortion and ireland, itis preferred that we take through those ways. with regards to abortion, they have always been conscience matters and they

we like it >> they spend it at kohl's and nordstroms those companies that have learned to play the gameth online and offline, and doing it wut spending all of their money getting online, are starting to look much healthier to the restale envester >> we heard howard schultz say the stock market is not the economy. i agree. we have seen massive gains if you threw a dart at a retail stock, it's probably up 10, 15, 20% this month i come back to the fact. are these companies good longer-term investments? or do you think the short-term money has already been made? >> i think macy's is kohl's nike tapestry i think michael kors is. >> the former coach. >> a terrible name >> i don't think penneys is. they're losing the game. not winning. seres is probably going to -- >> but their stock is up 17% these are gains this week. jc penney is up 17%. >> short-term events why did the market wake up a week ago and say, we want to own all the retailers? when the environment for retail has been good for more than a year at some point in time, the recognition happens. the stories and winners haven't changed.

nordstrom is another one. there is a difference in retail and the bounce we are seeing.l numbers that were coming out last week were extremely positive. we are seeing growth at a reasonable price. but i would be wary as any of the higher dividend yielding sectors. charles: you see clarificationing in earnings season? >> it june it tend to be one of the less important earnings seasons. but any good news could impact us going forward. charles: a new report says video games could be a cause of addiction and mental disorder. hi.i just wanted to tell you that chevy won a j.d.power dependability award for its midsize car-the chevy malibu. i forgot. chevy also won a j.d. power dependability award for its light-duty truck the chevy silverado. oh, and since the chevy equinox and traverse also won chevy is the only brand to earn the j.d. power dependability award across cars, trucks and suvs-three years in a row. phew. third time's the charm... this is frank. sup! this is frank's favorite record. this is frank's dog. and this is frank's record shop. frank knowns northern soul, but

local, where it isa and they have nordstrom local, where it is a tiny little store in la, no infa ntrytailor it for you. basically, it is about posh tailoring and making sure it is perfectly in helping you with styling and nails and hair anachronistic, but that is a potential future for a large department store that can no longer afford these horrendous rates and rates that have not caught up with modern situations. we could talk about this for hours. thank you very much. the interesting ideas. thank you. parents and teachers should set aside time for children to daydream, look around or simply stare out the window. that's according to children's laureate and author lauren child, who believes it's a vital way of boosting creativity. backed by the reading charity book trust, she's launching a new project called staring into space, as breakfast‘s tim muffett reports. ican see i can see a pirate ship, lots of kids playing on. i can see leaves and bright colours. sites that surround us. 0ften and bright colours. sites that surround us. often overlooked, but inspiration perhaps for a story.

some like nordstrom and target still have high days to cover indicating some shortage still out there they're lower than they were earlier in the year. others like macy's had low short interest right now tiffany's is very low as well. that's risen recently. separately, worth mentioning is one notable name and that's walmart. it's been left out of the rally completely stocks down 4% since may and almost 1% for the year so here's the bottom line. the pressure from amazon is still there, but for the first time in a while a rising tide is lifting all boats. back to you, melissa. >> thank you very much, bob m s pisani. >> tim, what do you think about macy 's? >> i think you get neutral on macy's even though i was encouraged yesterdays when we played whatever that game was. but the couple things people are getting behind, their e-commerce business, they're going to grow in the high teens, they have no place for a fourth quarter 2017 comp, we're positive for the first time in 11 quarters. the last time this happened was 2010 i think 41 bucks is in the price. >> karen, where do you see the an

. >> ubs initiated on retail, buy skechers, buy american eagle, buy nordstrom, buy tapestry, former coachl tjx, sell burlington. >> a great call. the last one was a momentum call i don't need that from a research analyst this is the sort of call i need. cut against the grain. sell on tjx and burlington these are darlings you need a catalyst for this to go down. i respect an analyst who is calling a turn that's rare. that's 10% of the analyst community if you ask me. >> i'm so excited. i got yoexcited. >> my telemundo world cup. do you like that >> i d >> world cup on telemundo. let's get the headlines from contessa brewer. >> reporter: changing the message from homeland security chief kirstjen nielsen she says securing our southern border doesn't have to come at the expense of migrant families. >> what the president did yesterday is try to make clear that what we don't need to do as americans is pit the enforcement of law against our humanitarian ideas. so we need to do both at the same time. sot he tried do is enable us to do that until congress acts >> reporter: indonesia's military sai

you remember the day when president trump went after nordstrom because they weren't going to carry hiss line. you've seen companies care less less about president trump eetrump's tweets and rhetorics. soon after he talks a big nasty game, you see his own administration start to walk things back. yes, no company wants to get in the way of trump fury but they are less and less concerned because his bark is much bigger than what his bite is. >> really important distinction. >> he's sewn done so much for h davidson. what? thrown rally there. there's no concrete evidence of anything the president of the united states has done to help harley davidson nor should he. no one in the administration should be doing something for a specific company. >> all right. thank you so much. >> thank you. >> really appreciate it. >>> coming up, party line. three late night hosts united against president trump. the inside scoop is next right here on andrea mitchell reports. stay with us. thought i could de-stress with some zen gardening. at least we don't have to worry about homeowners insurance. just call ge

you have a nordstroms department store there. they were taken across the street to lord and taylor. prosperous part of the country, many ex-military retired here. you get a sense there's a strong community and this newspaper was part of that community. i talked to one local and they said the nickname for it was the crab wrapper. they obviously wrap a lot of crabs in this part of the country. it is part of the fabric of this part of the country. what we need to figure out moving forward is more clarity on the gun. initial reports were shotgun. that's important. if it is a shotgun, that's quite common, used for hunting frequently and doesn't have that many rounds. typically they hold three rounds, you can take out the plug, put in five. also a shotgun that's not a high velocity weapon. it gives you a sense there won't have been that much range they have. all that said, we also have reports it was a long gun. a long gun doesn't negate the possibility it is a shotgun. still awaiting crucial details. >> thank you both. we will keep an eye on the shooting investigation, and update as warr

yeah, can we just drop the ivanka stuff, said nordstrom. [ laughter ] [ cheers and applause ] rudy giulianio said last night that the list of questions special counsel robert mueller wants to ask president trump are designed to trap him in some way. though you don't have tok that hard to catch trump in a lie. you really only need a dvr. [ laughter ] president trump has gone back on his claims that he had no involvement in any payments to stormy daniels and now says he repaid his lawyer for the $130,000 used in their hush agreement. "this is the worst day of my life," said melania 12 years ago. [ laughter and applause ] the kentucky derby is this weekend and the favorite horses include sleep foot, gingham dream, and testify. so if you are excited about the kentucky derby, then you know i made up all those horse names. [ laughter ] a new york state supreme court judge ruled today that a trump branded building in the city has the right to remove the president's name and replace it with something less embarrassing. [ laughter ] [ cheers and applause ] and finally director martin scorsese is rep

. >> i worked for nordstrom for a number of years before i opened my own store. it's just a shame. >> i've got another store in downtownnapolis. we have a pretty close relationship with everyone from the capital. it's just heartbreaking. >> that's the hometown paper. so many businesses impacted by this. i've been talking a lot about first responde all of this. >> and how fast theot to work. >> scott macfarlane, you were saying as many as ten, perhaps more agencies all comint ether, huh? >> and we're getting a good ense as to why that's a particularly good thing. this tragic story is taking a very unexpected twist. multiple law enforcement t official i are telling news 4 and nbc news the suspect in a this c has somehow managed to obscure his fingerprints making the idecation in his case even more difficult. they say the shooter is not talking. he doesn'tave an identit on him, identification card, nor was he indicating where he's from. so this is anne arundel county police's investigation. they seem to be the lead, but the fbi is on site. we have fbi special agents

reported as everybody hates it and everybody comes back target has a fabulous quarter and kohl's a nordstromrible quarter but moving up >> criteo, technology stock. >> deutsche bank i think they are getting shares and there is margins upside. you got a break up potential this is 5% today. >> we have been talking about palo alto networks i have been talking to viewers about it and full disclosure, the quarter was good and new ceo, i don't like the introduction of the volatility >> 40 seconds away from weec macy's >> apple >> when someone goes from sell or buy today, it is a little late >> apple is the greatest story ever told. >> yes >> i just think that if you will give me a break. thanks for nothing >> let's remind you that the nasdaq is above its all time closing high at was 7588. you are at 7598. "power lunch" starts now >> thanks scott, i am melissa lee. tim cook is about to take the stage with the stock and hitting new highs today. we are live in san jose, california the president is heading to canada and talks with china hitting the wall, are things about to get uglier. the bulls are f

this i happened, if you're familiar, nordstrom, people are coming out and not knowing what'sn going because the perimeter is tight and it's a little divorced from the shopping areas there. that'ga huge shoppi area throughout that. there's a huge commercial area and people were comin out and seeing the police cars and then starti starting to go towards the perimeters t see what was going on. >> let go back and see what else missed earlier. >> at this point we believe it is one suspect, but again, that's one of the many things that we haveo go through in our checklist to make sure that building is secure. we need to make sure there is just one suspect. we need toake sure there's no other people that are suspects or that helped this individual and we neeur to make there's no type of bombs or anything inside that building. all those things we have to think about to make sure people are safe inside thatuiing. our number one priority and getting people from that builing outside safe and reuniting them with their families. once that building is cure, we can provide more information and the investi

retailers like wayfair, ebay, etsy over stock finishing in the red, department stores like target, nordstrom, jc penney, kohl's, dillard's are in the green, helps them. shopping center reits also trading higher the shopping mall guys let's bring in the panel, gary b. smith, look whose here, melissa armo. gary b., what's your reaction? >> well, i think people are getting way too excited that these brick-and-mortar retailers are going to come back and make a resurgence. i don't think that's ever been the problem or at least hasn't been the problem since basically the dawn of the internet. i think it's all about convenience on the flip side, this is obviously another big government land grab where they hope to increase their coffers. they don't care about consumers. they only care about increasing their budgets. president trump said oh, this is a win for consumers. still scratching my head trying to figure out how. liz: what do you think melissa? >> i think these states are really desperate to collect more money in their coffers. like i'm from pennsylvania live in new york now but last year in

and this is nice, her students showed up to prote. [ laughter ] [ applause ] nordstrom is launching aew home and wellness collection that features a marijuana scented candle. you can use it to cover up the smell when you get stoned on vanilla. [ laughter ] and finally, facebook has announced a new page called memories that will show users photos from the past. it's better than the original title for the page, "when you were thinner." [ laughter and applause ] ladies and gentlemen, we have a great show for you tonight. [ cheers and applause ] he is the chief washington rrescondent for cnn, and his latest book, "the hellfire club" is a "new york times" best seller. jake tapper everybody. [ cheers and applause ] our friend jake tapper is back. from the fantastic netflix show "unbreakable kimmy schmidt," our friend jane krakowski is back on "late night" tonight. [ cheers and applause ] and we have music from a talented singer songwriter. devin dawson is joining us. [ cheers and applause ] so you're here on a good night. before we get to all that, as president trump arrived in singapore fo

macy's up more than 70%, dillard's and kohl's up more than 50% and nordstrom up around 20% since then moves, we thought it was the perfect time to play a brand new game one that we are calling -- >> shop it or drop it! >> wow it's like "the price is right" sort of. >> so sht means you buy it, drop it means you're dropping it all right. kicking off with macy's, shop it or drop it, tim. >> i'm shopping it, which means i'm not going to drop it but i do think that the best days for this run at macy's is over, even though i think that the improving store kaumcomps a one and done but the comps get very tough upgrading it now in this cycle, i find that amazing. >> would you drop it or shop that >> i'd drop all of them. i got ahead of -- i'm also doing -- >> now we know -- >> i just don't think department stores need to exist, all these different brands macy's is probably one of the e's anotheone, karen kohl's. >> sadly drop it when we talked about it, the stock reacted so poorly to what weren't bad earnings however, that was 15% ago. so maybe the name of the game should be buy it at multi-ye

lemonis: brothers mike and john found early success selling to big stores like nordstrom and urban outfitters. but after they opened up two locations of their own, profitability never followed. mike: is it the product? is it a merchandising? why doesn't this store make money? lemonis: now the brothers are clashing more by the day. john: so it's all my fault the stores didn't make as much money? mike: you sometimes act like you know best. john: oh, my gosh. lemonis: even as mistakes pile up... ashley: we might want to spell "barbeque" correctly, though. lemonis: ...and morale withers away. jackie: if i had another job opportunity, i would take it. amy: it's just mind-blowing sometimes. lemonis: if i can't mend their fraying relationship... both of you, get your [bleep] together and figure out how to co-exist and have mutual respect. ...their beloved brand will go bust. that store is closing, unfortunately, no matter what. my name is marcus lemonis, and i risk my own money to save struggling businesses. we're not gonna wake up every morning wondering if we have a job. we're gonna wake up every

they're strong and getting stronger >> is this your top pick in your universe >> we like nordstrom there's an analyst day on july 10ths that could be a strong catalyst nike is a blue-chip stock and obviously a strong one >> are you concerned about the executive departures of late >> we did a ubs evidence study of glass door, where employees are commenting when that incident happened, the actual comments on glass door showed that the ceo approval from nike employees went way up. >> they had a bro culture, guys from the '90s that needed to be cleaned up, right? >> whatever the case was, i think the fact is that employees are happy with the changes and that's a good sign >> does that help them with making sure their pipeline continues? if you look at the gaps right now that exist because executives have departed, are there any? because glass door is great, and if employees feel better, that's great, but does it help with the pipeline, with business prospects later on >> nike has one of the deepest benches of talent. it's one of the most desirable places to work i don't think nike has concern

lemonis: brothers mike and john found early success selling to big stores like nordstrom and urban outfitters own, profitability never followed. mike: is it the product? is it a merchandising? why doesn't this store make money? lemonis: now the brothers are clashing more by the day. john: so it's all my fault the stores didn't make as much money? mike: you sometimes act like you know best. john: oh, my gosh.

. >> brothers mike and john found early success selling to big stores like nordstrom and urban outfittersprofitability never followed. >> is it the product is it merchandising? why doesn't this store make money? >> n

onet now, target has definition, nordstrom has another, and both of them issue on audited information -- unaudited information. i want to associate myself with the comments about crypto currencies. they are a security. and pick up on your comment about investor rules. when the us came out, the definition was $1 million in and that was a staggeringly high number in the 1980's. those numbers represent one third of the purchasing power. 10 times as many families fit into the category, which means 10 times as many families don't get the protection. of my colleagues asked, why can't the average barber or teacher get all of those great investments that seem to be reserved? why can't anybody charge into the minefield? why do we limit that to explosive ordnance disposal experts? will you revisit the accredited investor definition, and index those numbers? either they were wrong when the sec issued them, or they are wrong now. lot.ere is a you on thee with concept of an accredited investor definition. we should not just let people charge into the minefield, as you characterize it, without asce

that was an issue with nordstrom. >> right >> we're just talking about this, look at shares of square2.4% they got a bit license or permission from the department of finance in new york state to allow residents of the state to buy and sell bitcoin through the cash app now, let's be clear, the company is not a crypto stock per se they made it clear the accounts were a small percentage of revenue, but people get really excited when you mention the ability to buy and sell bit coin on an app and you see that today in the shares. >> one of the many reasons i like working here, apart from working with guys like you, but i get to congratulate my son and rec league baseball team that was undefeated, something no team his father has been on has ever done. winning friday night under coach rob, a white hat of a guy, a great coach, mac, my son, second from the left in the back row. nice win to the dodgers in the rec league undefeated. >> well-deserved thank you for watching >> congrats. >> really cool >> and the "closing bell" starts right now. >>> i'm wilfred frost. banks preparing for stress te

we've seen tweets attacking amazon, boeing, apple, nordstrom, merck, all major companies that have formerlynt's crosshairs joiningous how that impacts investment, former chairman of cnn and bill george the former chairman and ceo of midtronnic and hbs professor. good to see you both this morning. bill, "washington post" has an interesting piece on how the prident feels personally betrayed by harley what do you make of this sort of rift between two parties that seemed to be much aligned earlier in the year? >> i think harley has to run a global business. they've been seeing ining sales in the u.s. for seven or eight years. and they've been contemplating this for at least three months and the thailand move was the first to move away from kansas city the steel aluminum tariffs probably were the straw that broke the camel's back they have to go this way they have no choice. they have to run a business. it was just with a large group of global ceos they're all thinking the same way. we have to run our business. they may be great with the tax cuts, great for the easing in regulations. but they'll

right now target has one definition of same store sales, nordstrom has another and both of them issue unaudited information. but i will ask you to respond for that for the record. i want to associate myself with the comments about cryptocurrencies, they are security as you pointed out to the senate and pick up on your current about accredited investor rules. when these rules came out the definition was a million dollars in assets, $200,000 in income and those were staggeringly high numbers in the 1980s. now in effect those numbers represent one-third of the purchasing power, ten times as many families fit into the category which means ten times as many families don't get the protection. one of my colleagues asked why can't the average barber or teacher get all those great investments that seem to be reserved for -- why can't anybody charge into the minefield? why do we limit that just to explosive ordinance disposal experts? will you revisit the accredited investor definition and index up those numbers because either they were wrong when the sec issues them or they are wrong now. >> s

you can get these at nordstrom.in a regular, you know, zipper fly set. >> they look comfy too. i love it. they look great. that's perfect for you. congratulations. >> thank you, brianna. >> all right, we have another viewer question from jen. she is petite and can't find the right length for her. >> lori, i hurt my knee and i can't wear heels, so you need to help me find a pair of jeans that will make my little short legs look long and super model lean. >> all right. jennifer, come on out and, lori, you can describe what you did. >> so when you're this height which is under 5'4", and hurt her knee, it can be a challenge. a couple of things we wanted to do. make sure they were in a dark wash denim that always makes everything look more streamlined and ankle length cut but i have this problem, when you are peti petite, you may have to roll them up. that's what you want to do because that flash of an ankle, and showing skin on youat elong gives the illusion that your legs are a lot longer. >> you know what i've done, i

nordstrom has another and both of the issue an audited information.but i'll ask you to respond to that for the record i want to associate myself with the comments about cryptocurrencies. they are security as you point out to the senate, and pick up on your comment about accredited investor rules. when these rules came out the definition was a billion dollars in assets, 200,000 in income and those were staggeringly high numbers in the 1980s. now in effect those numbers represent one-third of the purchasing power, ten times as many families fit into the category which means ten times as many families don't get the protection. what my colleagues asked why can't the average barber or teacher get all those great investments that seem to be reserved? why can't anybody charge into the minefield? why do we limit that just to experts? will you revisit the accredited investor definition and index up those numbers? because, either they were wrong when the sec issued them or they are wrong now. >> so there's a lot -- let me agree with you on the concept of an acc

take-two interactive, learnielec arlt arts, all higher today kohl's, nordstrom, jcpenney all down check facebook, that stock hitting a new intraday high for the first time since february 1st. it is up more than 2%. the other faang names feeling the nasdaq twitter keeps flying higher. again, this stock is soaring today, now up almost 20% in the last week alone, another 5.7% gain for twitter, melissa. >> all right, sara, the trump administration preparing to slap new tariffs on china as soon as tomorrow kayla tausche joins us from washington with the very latest. >> reporter: hey, melissa. the bhous white house is plannio roll out those tariffs tomorrow. it will be a truncated list of chinese exports. the list is expected to include between 800 to 900 products, compared to the oshriginal listo 1,300 products publish bid the u.s. trade representative. the final dollar figure is unclear. the president will be meeting this afternoon with his top trade advisers, and he does reserve the final decision on how to move forward. that being said, one senior administration official called it a fait

what she did and launched this and selling in similar locations as kate spadd blooming daland on nordstromd around the world and globally >> the brand is so whimsical and happy and for her to meet this is terrible. >> she changed her name from kate spade to kate valentine why did you do that? that coincides with the launch s new brand. >> if you grew up in the '90s gettin the fashion scene kate spade was the handbag to get. there was a great article at the "the new york times," how she went to the convention center in '93 and sold a few bags to barney's and selling labels on the front. it was a great american entrepreneurial stories. >> i am sorry that it is medicine today >> how is that brand doing >> we don't they have not given us a lot of information the projections to be so online in sales and 4rs million from the rest of the revenue pot, they have not given y updates. >> kourtney, thank you >> thank you >> thank you >> we'll be right back from farm, to pot, to jar, to table. and serve wifidence that it's safe. this is a diamond you can follow f.m mine to finger, and trust it never fe

you run the fund the way you do you are finding value in consumer discretionary names like target, nordstromand discovery networks why those three in particular? i get the retailhook but why does discovery fit in with them? >> discovery frankly doesn't care about what platform you are on sling tv, comcast, it doesn't matter to discovery. use hgtv, that plays to directly a female audience. a great constituent for them relative the other tv channels they have to be everywhere, you tube tv, anywhere, they are there. that's a great entry for them not to care what the distribution platform is the cost to acquire customers is low relative to other groups espn, you would have to talk my wife into liking espn. there is a cost to her that's a great thing for discovery. it's cheap john malone there. great thing. john mentioned eagle materials the housing thing is a home run. i say a home run because buffet and diamond said, you know, we are in the sixth inning, and the big hit remembers coming to the plate. and buffett also said to not confuse the economy with the stock market in other words, our econ

big lots, target, tuesday morning corporation, nordstrom, jcpenney, all of them on the upside.reen, almost all of them, they are primary bricks and mortar. this supreme court ruling gives an advantage to them. it gives them a leg up in the battle with online sellers like the amazons of this world. now amazon is down but it is not taking such a huge loss as some of the others because amazon can afford to pay compliance costs which liz was talking about. they have to work out what is the sales tax on xyz, in all these locations. you need good software. amazon can afford it. others can not. bottom line for me, from here on out states are allowed, can require internet sales tax. that means you're going to pay, to put it bluntly. liz: yeah. stuart: we will be back. this is a big story. a lot going on today. back with more after this. retail. under pressure like never before. and it's connected technology that's moving companies forward fast. e-commerce. real time inventory. virtual changing rooms. that's why retailers rely on comcast business to deliver consistent network speed acro

you have seven days to pick 3:30 to try them on return them within seven days, no personal like nordstrom's high end fashion brands they want to get access to prime members back to you. maria: all right. thank you so much, we will change back with you lower opening a big day for amazon you heard alphabet facebook netflix all-time highs this morning joining us host of "varney & company" stuart varney to weigh in i feel like stu you saw this coming. >> no, don't. >> you saw the this coming on amazon i know. >> i have been covering the big technical names, for over two and a half years, and i can't believe it, they are dominating the market and they dominate it still when this market opens today in, about 40 minutes' time we are going to have horizon approaching 1-800 dollars a share another new high, facebook now well over 200 dollars a share, and netflix well over 400 dollars a share, and nasdaq, home to a lot of technology companies that is going to be at yet another all-time record high i don't know where this ends maria i tell you this i think it takes a very strong stomach for any invest

. >> brothers mike and john found early success selling to big stores like nordstrom and urban outfittersfter they opened up two locations of their own, profitability never followed. >> is it the product is it merchandising? why doesn't this store make money? >> now the brothers are clashing more by the day. >> so it's all my fault the stores didn't make as much money? >> you sometimes act like you know best. >> as mill-takes pile up - >> you might want to spell "barbecue" correctly, though. >> if i had another job opportunity, i would take it. >> it's mind-blowing sometimes. >> if i can't mend their fraying relationship - >> both of you get your [ bleep ] together and figure out how to coexist and have mutual respect. >> their brand will go bust. >> that store is close nothing matter what. whatever i offer, everything in a pot. here's what i want to do my offer is -- $2 million. $1 million in equity, $1 million in a line of credit. the $1 million of equity, i want 50% of the business for. 50.001%. i want to have more than a seat at the table i want to have a seat at the table and i want