itht now in ridesharing, continues to have a negative impact on overstock.: lyft also ended the day down more than 7%, so they felt in tandem. what are investors telling you? do they think it is the next amazon of transportation or is it the ebay? along,ve said it all we are going to freak out today, but there are investors that remain in the story and understood that they did not get everything about amazon when it came along and now jeff looks like a genius. there is no way you can model how this company makes a profit. you are depending on total transformation in the transportation industry. so when you have these really dueling approaches to looking at the stock, we had lyft be atalyst expectations -- be analyst expectations and the stock still went down. there is a disconnect between the market that wants to think about this in terms of revenue and then a lot of skepticism outside of the. emily: a note last night before the company went out of the gate, dan. -- a note lessut out night before the company went out of the gate, dan. -- last night before th

i reached out to overstock and haven't heard back. the seller is cost way.ed e-mails. i don't have a comment on the price. congresswoman spear just reintroduced the pink tax repeal act. >> it would provide that the federal trade commission would have the authority to fine companies that do make that kind o discriminate toir pricing. >> it would give state attorney general authority to take civil action for consumers as well. i want to hear from you. my hot line is open 10:00 a.m. to 2:00 p.m. weekdays. you can reach me on the my facebook page. >> thanks. >> let's update the mother's day forecast. >> spencer is here with the latest. >> all important forecast. we'll start with tonight. advancing clouds and low clouds coming in from the coastline. expanding across the bay. lows in the mid-50s. mild over night. and tomorrow a sunny and mild day. away from the coast. even on the coast there will be sunny breaks. up to about 80 in the warmest spots. let break down mother's day. four parts. 7:00 a.m. there will be linger low clouds. skies will be bright and sunny b

. >> all eyes are on wall street as overstock hopes to rally. >> good morning.ok at the market. it's the worst day overall in 2019. this is all because of the trade tensions with china and u.s. hitting each other with higher tariffs. that has not changed. this is the trade story. we are seeing a bit of a comeback. that is also helping out huber. they picked a bad time to go public, the first few days fell 18%, nearly 11% yesterday after its ipo died friday. huber ceo said he sent an email to employees saying it has not gone so well so far but keep in mind the company has plenty of value long-term. so far, huber is showing some light, the stock is up 1.5%. it is rally along with the broader market. let's see how we are doing. nasdaq is gaining 50 points. a better day for apple, of half a percent. apple has been pummeled on the trade story, it has lost over $100 million in the past week. >> that's wild. >> businesses in britain are literally throwing customers a bone to get them to the door. >> there rolling out the red carpet. snuggle up in a posh bed with their

is sentiment impacting overstock or is this a separate story romaine:?eparate's -- separate story? romaine: i think it is a separate story. it cannot help that they came into this market. once the dust settlement and broader market sentiment begins to improve, you may be see some people take a chance at cooper, but right now does seem to be specific to uber and people evaluating what was a liquidity event rather than a growth event. guy: big move at the front end of the curve. as the market back to pricing in the possibility of cuts? romaine: absolutely. we did see the yield curve shift lower across the board. a lot of the activity has been on the front end. that seems to suggest a lot of traders are trying to call the fed bluff. the fed cannot stand neutral. that is what the market wants and that is what the fed wants to push. if you want a better lead -- a better read, pay attention to the dollar strength. if that continues on the trajectory we have seen it, you will see a lot more pressure on the front end of the yield curve and that will put more pre

. >> the plan also comes for larger overstock, on surveillance tools. >> our buses are equipped with readers, those would have to adhere to a use policy, how long is the information stored? who has access to it? >> today, the proposal was passed through a committee with a final vote expected on may 14, the proposal is cosponsored by other board advisors super members as well. in the newsroom, ktvu fox 2 news . >>> church leaders have opened up the temple for open house tours, beginning saturday through june 1, the church tells the east bay times that more than 250,000 people have signed up to visit. non-mormons are usually and baptisms. ththe temples aren't secret, they are sacred. i have never seen inside, maybe i will take a look. >>> coming up, people around the world are excited for the newest member of the british royal family. how some bay area babies who share the same birthday received their own royal treatment. ♪ flintstones! meet the flintstones. ♪ ♪ they're the modern stone age family. ♪ ♪ from the town of bedrock. ♪ meet george jetson. ♪ ♪ his boy elroy. with instant acce

are they under some pressure sure did they overstock like everybody else absolutely but that gives you the opportunity, scott use the options to use that for you to create dividends. when stocks trading at $80, you're selling calls, right now at $70 i'm more apt to add to my position because i'm getting less premium now i want to play the premiums of where the options are. >> part of this, though, is like the yin and the yang of where we are. confidence is good maybe i'll look at retail stocks but now i've got the tariffs to worry about, you've got an escalation of the trade war with china. and those are the stocks that are likely to be hit so how do you decide which ones are good and which ones are bad. >> we don't own any of the traditional retailers. we don't own any of the big box companies except for costco which is really a membership service company. that's just a different model. and home depot as you mentioned because you can't order all of that on the internet it's very risky to own target. now you go in and out of names, but we own them for a longer period of time and i just

their jobs are truly difficult as they much work to a needle in a haystack and overstock bags, patdown. later passengers are very comfortable areas and keep pace with the evolving policy and technology all was serving as the face of government to sometimes uncooperative passengers. ensuring the tsa hires trains in professional workers should be one of the department of homeland security top-rated. unfortunately the ministration has placed a boarding tsa workforce on the back burner. president has prioritized the border wall of oliver homeland security missions, threatening to undermine the security of the traveling public and just recently we learned that the administration is sending tsa employees including tso's to the southwest border just as a summer travel season is about to begin. tsa workforce is already stretched too thin and cannot afford to subs diversions. tsa is slow and suppression is high. asher the subcomponents purveyed, tsa cayman, 410th or last when it came to employees satisfaction, we cannot business away. tso's are among the lowest paid workers in government and we

these are rivals to overstock.racterize business right now, how's the backdrop look to you? >> we've carved out a niche in furniture. none of those people do furniture like we do. furniture and less than load shipping and sofas we pioneered. our competition is really from wayfair. it's been a little tough. they lost $2 billion in the last handful of years. we had a nice profitable business kicking along last year and then last year i tried to compete with wayfair and punched the you button and that was a mistake. dagen: wayfair, just what id need. catchy jingle. >> it's amazing what you can buy for $2 billion. dagen: i didn't mean to poke you with that, but it's a catchy jingle. maria: but the furniture business, is it going well? >> we came back. we're doing fine. we got off that strategy and went back to our normal money-making strategy and that's the place we're going to stay. maria: are people using bitcoin? you were a big fan of bitcoin, consistent grass, there's a surge going -- congrats, there's a surge goin

tony: likely the sale price -- when we have overstock, at the end of the season, we have to discountstake. what would the margins be if you didn't have the buying problem? jess: 40%. lemonis: this product is staying in the stores, but we have a buying problem. snowboard boots. jess: $25,000 -- again, coming in with a 31% margin that's got to be sale. lemonis: so, you didn't make your cut as well. what's the problem here, tony? jess: sale. tony: same problem. jess: definitely for overbuying. lemonis: who bought all these? i'm sorry. i didn't see your hand high enough. chris either bought too much or bought the wrong stuff, and in order to sell it, they had to discount it. when your product offering is as narrow as windward's is, the pool of people that actually want to buy it is too small. so the more you discount doesn't make the audience bigger. it just makes the profit smaller. to think you're gonna sell skateboards, paddleboards, and snowboards only is a giant mistake. ultimately, we want to service everybody, whether it's hiking or biking or anything else. salena: but we're not a

taking a facility overstocked with 9,000 people, that was quipped to take 400.ning, saying take me in? let alone the people that are saying, have drugs, meth, everything else that are coming across. they have to go somewhere else, with what? they don't have the facilities. they don't have the trucks. they don't have the drivers. this is, not tenable. ron kise spokesperson for cpb says this, to avoid the spread of illness, rio grande valley temporarily suspended intake operations at cpc. individuals in the rbg sector will be held at other locations. let me say. national guard to take place of border patrol to allow the border patrol agents. now the border patrol agents, who they have, have to go to another sector with people that don't belong here. this is not fair to the men and women doing this. steve: thankfully the government recognizes this could be a big problem. they have shut things down. it is reasonable thing to do. brian: but should down the facility, but the border patrol has to take them somewhere else. steve: one step at a time. meanwhile the whole