now it's just overstock. there he is. when we come back, he has a story to tell you the likes of which i have never heard. stay with us. ♪ (music plays throughout) ♪ ♪ ♪ ♪ ♪ but it's not really something yoyou want to buy.. it's not sexy... oh delicious. or delicious... or fun. ♪ but since you need both car and home insurance, why not bundle them with esurance and save up to 10%. which you can spend on things you really want to buy, like ah well i don't know what you'd wanna buy cause i'm just a guy on your tv. esurance. it's surprisingly painless. let's see, aleve is than tylenol extra strength. and last longer with fewer pills. so why am i still thinking about this? i'll take aleve. aleve. proven better on pain. ♪ are we supposed to dance? ♪ boy boy bands without dancing are just ok. get a better than just ok unlimited plan with spotify premium included on america's best network. only from at&t. more for your thing. that's our thing. see? romance isn't dead! but it is here. thanks, captain obvious. don't hate-like their

overstock shares getting burned figuratively and literally. next, charlie gasparino goes inside the world of former ceo patrick byrne and the real reasons behind the executive's dramatic exit from the e-commerce giant. charlie will break it down next on "the claman countdown." there's a company that's talked to even more real people than me: jd power. 448,134 to be exact. they answered 410 questions in 8 categories about vehicle quality. and when they were done, chevy earned more j.d. power quality awards across cars, trucks and suvs than any other brand over the last four years. so on behalf of chevrolet, i want to say "thank you, real people." you're welcome. we're gonna need a bigger room. at comcast, we didn't build the nation's largest gig-speed network just to make businesses run faster. we built it to help them go beyond. because beyond risk... welcome to the neighborhood, guys. there is reward. ♪ ♪ beyond work and life... who else could he be? there is the moment. beyond technology... there is human ingenuity. ♪ ♪ every day, comcast bu

shery: kailey leinz, thank you for the latest on overstock.mmodities edge" with alix steel. this is bloomberg. ♪ at comcast, we didn't build the nation's largest gig-speed network just to make businesses run faster. we built it to help them go beyond. because beyond risk... welcome to the neighborhood, guys. there is reward. ♪ ♪ beyond work and life... who else could he be? there is the moment. beyond technology... there is human ingenuity. ♪ ♪ every day, comcast business is helping businesses go beyond the expected, to do the extraordinary. take your business beyond. alix: present mockery versus oil producers. natural resource is still investable. iceland holds a funeral and grieves for a dead glacier. the next casualty of climate change. here comes the sun. we speak to sun power's ceo. welcome to "commodities edge,"

>> reporter: wild claims coming from the former ceo of overstock.ne said note only did he have an intimate relationship with accused russian agent maria butina, but he rekindled that romance at the fbi's request. >> i was specifically told that this request is coming from jim comey at the request of someone i'm not going to name. >> reporter: that's just ridiculous, the fbi doesn't work that way, former fbi director james comey told cnn. butina is serving 18 months behind bars for failing to register as a foreign agent after she tried to infiltrate powerful conservative political groups including the national rifle association. along the way, she had a three-year relationship with byrne, but byrne got spooked about her russian ties. >> as she explained to me once, she said, patrick, there are 50 oligarchs who run russia, but there are 7 who really run russia. four of them -- i'm on close terms with four of them. >> reporter: when byrne went to the fbi, he said law enforcement leaders encouraged him to pursue the relationship. in interviews and a com

the ceo of overstock, we all heard of that company. he resigned today. he says it is not about the business. we will talk to him about all of it. he is waiting and standing by now. he didn't want to get the company tangled up with certain government matters. he said he had a romantic relationship with the accused russian agent, maria butina. you have seen her with the red hair many times. he said he wasn't just involved with her and someone had to tell him about it. the government knew and that the government was encouraging him. in ways he was not comfortable with. and it reached into the election and that he knows things about what was done by our government regarding hillary clinton and our president. what does the u.s. government say? a u.s. official says mr. byrne did share information with him in a meeting earlier this year with officials. they found aspects of the story to be believable. he shared operational details that were not widely known. we have not heard from the fbi. the doj did not want to say anything but we are reaching out. patrick by

. ♪ ♪ ashley: more than a few bombshells in former overstock ceo patrick burns' memoir.. >> you asked me if this was the weirdest story -- ashley: i did. you said not even close. >> i did some crazy ones back in the day. i don't even want to go into them. they're not appropriate. ashley: we'll get into this one, which is very appropriate. >> patrick byrne put out a draft memo explaining about, essentially, why he resigned from overstock. he says he was a government informant, and he was involved directly in the russian election meddling investigation. ashley: correct. >> and a previous investigation that involved she man gans on wall street, but more recently e this russian meddling investigation into the 206 election. and -- 2016 election. and his affair with one of the, an alleged spy that was part of that thing that's in jail -- ashley: put in jail, yeah. >> now in jail and his relationship. it's interesting, because this second memo adds a little more -- listen, here's the thing, i'm going to tell you this, people that are shorting the stock, betting it's going down

the ceo of overstock has resigned.f with the deep state, releasing a statement he was part of federal investigations related to 2016 elections. he founded overstock in 1999. the shares cheered the news. suppressed after last week. romaine: they issued this letter on an official prnewswire, so it had to go through their communications office where he referenced many black, have been visited by men in black, government agents, about his potential involvement in the whole russia investigation with regards to the u.s. election. he was apparently involved in a relationship with one of the key figures. he referenced two previous investigations, one involving the murder of someone he knew. it had nothing to do with the business of overstock itself, so it confused a lot of people. the shares sold off. he has a long history of making comments that could be construed as being often normal path. rising, sohares perhaps headwinds being pushed aside and getting back to business. the street is next. on one hand, people thought this

government he was the ceo of overstock.egit company, it was close to a billion dollar company after a couple of rough years edge radio. now he says he was directed by the fbi to hook up with an accused russian agent. here's a taste. >>> ifls specifically told this request is come from jim comey at the request of somebody. do not assume it was president obama. do not assume that. >> he gave him his say. we gave him his say, and then we had to do the reporting on it. we have new information. we also have maria puttina's lawyer here. we are going to bring the lawyer in. what do they know? what do they think? and the responses were relevant parties. next. but it is here. thanks, captain obvious. don't hate-like their trip, book yours with hotels.com and get rewarded basically everywhere. why are you here? why are you here? why are either of you here?! hotels.com. be there. do that. get rewarded. he borrowed billions donald trump failed as a businessman. and left a trail of bankruptcy and broken promises. he hasn't changed. i st

and one of the people she makes contact with is the ceo of overstock.onship with him. this is exactly what the kremlin would have wanted her to do. because big companies, big ceos have influence in the united states. and that's what the russians were interested in doing. influencing politics and other events in the united states. she was successful in that. >> interesting spp. i want to ask you about, steve, about a report out of russia we are finally learning more about the highly secretive botched nuclear missile test killing at least five people. the kremlin is denying a report from russian newspapers that a radioactive the isotope was found in the muscle tissue of one of the treating doctors treating the victims what does it sound like to you. >> what it sounds like is typical russian spin of any situation. look, one thing we can be fairly certain of, not because anybody is a russiaphobe or don't like vladimir putin or any of that but it's place based on russian track record. if we say five people were killed we have to multiply that by ten or more

was this affecting overstock? or their board? was there board concern? >> the board was concerned about it. they were down 30%. right after this blog post release. it is not written like a press release. it's written like an ode to a lover that's in jail a little bit. >> ben collins, every time i see you stuff gets weirder and weirder. when i launched my career as a journalist this is not the stuff i thought we'd be talking about, but, hey, roll with it. thank you, buddy. >>> up next a global catastrophe. the amazon rain forest is burning at a record rate and that means major consequences for our climate and the air that we breathe. i'll speak with experts about the long-term effects of these fires and why they started in the first place. we are watching "velshi and ruhle" live on msnbc. pharmacist-recommended memory support brand. you can find it in the vitamin aisle in stores everywhere. prevagen. healthier brain. better life. announcer: at fidelity we're leading the charge on value. we have stock and bond index funds with lower expense ratios than com

he made the claims last night on cnn just hours after resigning from overstock. >> i was involved in helping them in that period. it turned out to be political espionage against hillary clinton, marco rubio and ted cruz, major donald trump. this isn't a theory of mine. i was in the room when it happened. i was part of it. >> burn built a friendship with the woman in question. she's currently in federal pison after pleading guilty of charges of trying to gain influence in the u.s. for russia's government. >>> new details in the growing international outrage of the amazon rain forest fires. the french president has now calling the fires an international crisis that should be on the agenda at the g7 summithis wkend in france. yesterday he tweeted members of the summit let's discuss this emergency first order in two days. the far right president called macron's offer sensationalistav the a.mazon rain forest paving the way for deforestation. >>> it's been a hot topic on social media they are doing down there. 20% of the earth's oxygen is produced by the rain forest. it's on fire. let's ta

shares of overstock jumped 8% on the news he was resigning.et's talk about hp's ceo dion wiseler, stepping down, we have learned. he said he had to leave over family health reasons p. he's going to be replaced by enrique lorez who has been with the company for 30 years. he will take control november 1st, working with a transition period. lauren: tesla reportedly put together a covert operation last year to replace solar panel parts that could catch fire. it was called project titan. it would send crews to fix faulty panels. walmart said they got solar panels that recently burst into flames on the roofs of several of their stores. walmart is suing tesla over those fires. cheryl: let's talk about shares of boeing p. this stock got a big lift yesterday amid signs of the company's trouble 737 max, is returning toward a return to service. boeing's stock rose 4% after reports said the faa could conduct a certification flielt flighflightfor the jet in four x weeks. that would be a huge milestone in their efforts to return the planes to service. the s

. >>> also tonight, the wild claim by patrick burns the former ceo of overstock who says he was directed by the fbi to pursue a romantic relationship with maria butina, a suspected russian agent. i'll ask andrew mccabe touchdown former director of the fbi. >>> and the supreme court justice ruth bader ginsburg treated for pancreatic cancer. ginsburg is 86 years old, the oldest sitting justice. her case in the hour ahead. >>> but i want to begin with president trump about to leave for the g-7 summit. after the trade war between the u.s. and china escalated today, which sent wall street into a complete tail spin. want to talk about it today with patrick healy, and michael danton dantonio, author of "the truth about trump". glad to have you here today. the president's been stomping around off to the g-7. what are we going to expect tonight from him and this weekend? >> he's probably going to come out and say, the economy is strong. the economy is strong. the economy is great. even though he has shown with this chaos presidency and his ability to move markets and upend relationships with trea

of overstock, i know that you feel that that is a mission of yours, where does that go from here?s great, i had an idea that this is coming since last july since i put this jigsaw together. i didn't think there was any way that something like this would likely happen someday. who the heck knows. i have been preparing very carefully, these companies -- some of these companies are just like young guys from double monkeys with a block idea, let's build a block chain central bank and it's like the show silicon valley. it's a bunch of guys like that. we would show up, provide capital, professionalism, turn them real. those companies have boards of director, capital all over the world, solid companies and a tremendous reservoir block chain talent that can you talk that services all of the other parts of the network. it is really -- the guy who built this, jonathan johnson who is a great colleague of mine for 17 years has built that and flushed it in and did a great job. he is becoming ceo and super capable. >> it's an extra ordinary idea and i know both you and i think there is somethin

shares of overstock began surging the minute byrne's departure hit the tape. patrick byrne will be joining "bulls & bears" at 5:00 p.m. eastern. this is a fox business exclusive. david asman has landed it. you've got to hear what patrick has to say. he's always outspoken. he's a big cryptocurrency guy and he is certainly an original. we will hear what happened in the demise of the company that he founded, at least the demise of his role in this company, overstock.com, which, i do just want to check, at last check, it's up about 11.75% on his departure. >>> we need to get to jackson hole, wyoming. glad you're with us. we are taking you right there. we are going to hear from fed chair jerome powell tomorrow at 10:00 a.m. eastern sharp. investors are particularly glued to this year's federal reserve annual gathering at the tiny wyoming resort in the teton mountains because at a time when president trump's trade policies are intensifying a worldwide slowdown, historically, markets have moved on news that comes out of this particular gathering. can i take you to 20

government he was the ceo of overstock.hat is a legit company, it was close to a billion dollar company after a couple of rough years edge radio. now he says he was directed by the fbi to hook up with an accused russian agent. here's a taste. >>> i was specifically told this request is come from jim comey at the request of somebody. do not assume it was president obama. do not assume that. >> he gave him his say. we gave him his say, and then we had to do the reporting on it. we have new information. we also have maria butina's lawyer here. we are going to bring the lawyer in. what do they know? what do they think? and the responses were relevant parties. next. i...decided to take the dna test. and i...was... shocked. i'm from cameroon, congo, and...the bantu people. new features. greater details. richer stories. get your dna kit today at ancestry.com. let's see, aleve is than tylenol extra strength. and last longer with fewer pills. so why am i still thinking about this? i'll take aleve. aleve. proven better on pain. she's

good of the country for the good of the firm, i am in a sad position of having to sever ties with overstock." when he says for the good of the country, he is referring to his claim that he provided documents to john durham the u.s. attorney for the district of columbia and is now looking into the origins of the mueller report. he later told fox business i have all the answers going on to say attorney general william barr is about to sneak up and rammed the deep state submarine. he claims he had a relationship with maria butina, the woman who pleaded guilty to being unregistered russian agent. if she is currently serving 18 months in jail but her lawyer accuses him of starting a manipulative romantic relationship with her at the direction of the u.s. governmen government. meanwhile, he says it was upon the advice of warren buffett who he calls his omaha a rabbi that he decided to go public, after he resigned, shares of overstock.com went up more than 10%. >> martha: here now as we said in an exclusive tonight is patrick burton, the now former ceo of overstock.com, thank you very much. >> it'

>> i'll tell you, martha, overstock? they should call it over imagination. it's impossible to believe. i'm no supporter of peter strzok or others who have heard the fbi, but the men and women of the fbi don't do things like this. it's against the rules for the government, it would be ridiculous, and there is way too many holes to his story. >> he did say basically i'm not talking about the hardworking men and women of the fbi. he said i've worked with them on a couple of other things and was an asset for them, give them information, they are really good people. this isn't about them, this is about people higher up. your thoughts? >> my thoughts are it would be impossible to pull off. first of all my question is is this happened a couple of years ago, why is he coming out today? he also recently resigned. i suspect there's something else and that may be he's going to be facing some serious criminal problems and now he's trying to create a smoke screen. who did he actually meet with, who was the one who was meeting him? or was a meeting? was a being paid? why

pat trek byrne from overstock is controversy you'll guy for years for number of different reasons.e patrick personally. i have known him for years. i have known him boeing toe-to-toe with short sellers during the financial crisis. i remember when i was at cnbc. you know i will withhold comment on this story. i know what his nominal, sort of explanation for leaving is. he is involved in some sort of deep state process. connell: claimed he had a maria butina relationship. then he stayed after that. now he is getting out. >> he might v i think it is deeper. we're going to have to see. we'll let the dust settle on this company. where is the stock? connell: it is up today. just had it, flash up overstock again, guys, if you can. >> is it -- connell: 20.88. >> 20.88 it is up on him leaving. you know, this is a company that, went through all sorts of machinations. they were involved in crypto, the whole thing. connell: yep. >> so we're going to have to see what's going on here from an accounting standpoint and from other standpoint. connell: charlie, thank you. we do know patrick byrne is

agreement which now been overstocked it by the saudi backed forces even though i was. jose under the supervision of you and has withdrawn from the tea party that's why we don't we do want to be that direct dialogue. on outside of those he has offered many times that they will stop attacking saudi arabia using drone on ballastic missile this was days before. the agreement and they stopped that for about 7 months and so it has not even apply to that. request for them and that's why i think they should just put everything aside and sit directly on told with. our leadership here and i will leave the final word. from hussein mentioned in passing on the 2nd agreement struck on talks is that where they could go back to is a something point for any future talks any future dialogue from from all parties. well the internal situation in yemen started as an internal situation in the various wars and separation and unity and so all wars and all these negotiations for a new constitution have these things are going on in yemen for about 30 years now and they're quite incredible in th

sarah, the overstock ceo patrick byrne made a series of extraordinary claims. who is he talking about and what is he alleging? >> well, sure. don patrick byrne is eccentric and a controversial ceo and resigned today. over the last couple of weeks he came out publicly saying he had a romantic relationship with maria butina spanning a number of years and he was providing the fbi information. now he is taking it a step further saying he believes he was involved in something akin to political espionage and directed by people at the top levels of the fbi or giving the fbi instructions. he was directed to build this relationship and maintain the relationship with maria butina and directed to have romantic relationships with her and he dropped a lot of names over the course of his interview with chris cuomo accident j, james c. he played it a little bit coy but he said his relationship with maria butina spanning a number of years is something that he continued at the direction of higher-ups of the fbi. >> let's play a little bit of what he said to chris. here it is. >

. >>> the ceo of overstock resigned after strange comments and an admitted relationship with a russian spy.resigned fro yesterday hours after the company stock took a hit following comments he made about the so-called deep state. he went on cnn and admitted he had a relationship with a convicted russian spy. >> i was involved in helping them in that period in what i thought was law enforcement. it turned out to be political espionage against hillary clinton, minor marco rubio and ted cruz, major donald trump. this isn't a theory of mine. i was in the room when it happened. i was part of it. >> the alleged espionage happened in 2015 and 20 16. a former campaign manager of trump is is calling for a senate investigation into the relationship. >>> new details in the growing international outrage over the amazon rain forest fires. the french president is now calling the fires an international crisis. but he says should be on the agenda at the g7 summit that's happening this weekend in france. brazil's far right president is calling the offer sensationalist. dozens of fires, manynally eco th

come in overstock ceo, patrick byrne, founder and ceo of overstock who is getting into cryptocurrency ask you, patrick about a story i never expected to see, one that sara carter wrote about, a journalist, familiar to our viewers. it is called a billion dollar ceo, that would be you. a convicted russian agent and the fbi. now the convicted russian agent is a woman named maria butina. she is serving her sentence after she pled guilty in 2018. what is the story about this, what does it say about the our fbi? that is the interesting thing for me? >> i thought we were talking about blockchain. i'm happy to discuss this. i have gone public limited way to couple journalists. i don't work for the fbi. i helped them twice in my life. once when my friend brian williams got murdered, famous nba player. i helped them with there. helped them with a big fight with wall street years ago. as bob marley, rasta don't work for no cia. i'm a grateful dead loving, flag waving, pot-smoking guy. you when you walk through an airport, you see some kids, going off to, in uniform, young soldiers, wish american

. >>> also tonight, the wild claim by patrick burns the former ceo of overstock who says he was directedionship

shares in overstock plunging after analysts are uneasy. the ceo there shared stories about conspiracies and deep state. cisco's ceo will be live on cnbc in the 6:00 hour talking about layoffs in the south bay. all right. biggest fall on the dow so far this year, as investors ran screaming for the exits out of stocks and into bonds. president trump who has tied his presidency to the performance of the stock market puts an interesting spin on it. tremendous amounts of money pouring into the united states, people want safety. he's correct on this. the united states is u.s. treasury bonds. people are pouring money into government securities which are a safe investment. he has it right. but it's a weird statement. it's like saying yes the boat sank, but we got to wear snazzy orange life vests with blinking lights on them. so money pours out of the market and heads towards those safe notes, government bonds and safety. that will affect the yield. how much the security pays you back in the end. look at the big board in new york city at the end of

and they are the ones that he has been left from overstock.com, because seth lord and these overstockout to break him. >> greg: i see three options paid one, he is telling the truth. two, he is telling the truth, but -- >> jesse: a little nuts? >> greg: a little nuts, three, he is leading to an sec investigation, that could be a way to get him, so he could easily put that into the compartment that is part of the bigger conspiracy. i think the only way to know is if other people who know him say something in the next couple of days. alike, he has issues, or no, this is totally of legitimate, he has talked to me about it. but if they say he has been known to spin tales. especially people like warren buffett, he should say, he has talked to me about this. if you said that was legit, i would be on firmer ground, but i believe he believes it. i believe he believes that. that's about as far as i can go. >> juan: you gave him some credibility. okay. college students walking to a class, that teaches them how to be an adult. you have heard that, right? how to be an adult. more when "the five"

the overstock ceo just made a series of extraordinary claims. who is he? who is he talking about and what is he alonging? >> sure. patrickburn is known as an eccentric and sometimes controversial ceo. he actually resigned today. for the last couple weeks, he has come out publicly and explained that he had a row man tick relationship with maria butina. that it's been a number of years and he's provided the fbi with information. now he's taking it a step further saying he believes he was involved in something that was political espionage. he is saying he was working with people at the top levels of the fbi and that he was directed to maintain this relationship with maria butina and he was directed to have a romantic relationship with her. he dropped a lot of names with chris cuomo, james comey, that the fbi director was involved, that peter strzok was involved in this. he played it a little coy but he did seem adamant that his relationship with maria butina over a number of years was something that he continued at the direction of higher-ups at the fbi. >> l

. >>> we continue to follow developments on the overstock story, so stand by. >>> but now i want to turnesident trump's increasingly erratic behavior. sources inside the white house telling cnn that he's worried the economy may turn downward ahead of the 2020 election. so how should the democratic candidates react? frank bruni's here to discuss of "the new york times," of course. david axelrod, former senior adviser to president obama joins us as well. good evening, gentlemen. how should 2020 democrats be addressing the chaos that results from this. what is the message here? >> yeah, well i think the word you used -- the operative word is chaos. i've believed for a very long time that the most effective argument for anyone running against the president is that we just can't do this for another four years. it's less about, you know, it's easy to get outraged, it's easy to be morally indignant about what he's done, we do that all the time, but the reality is whether you like some of the things he's done or you don't, what i think a majority of americans can agree on is we can't wake up eve

the new-former ceo of overstock unleashes conspiracy theorys and a wild claim about his romance withsk him to pursue maria butina? former bureau officials are now speaking out. >>> we want to welcome our viewers in the united states and around the world. wolf blitzer is off today. i'm brianna keilar. you're in "the situation room".

overstock is a real company.volved with her by the federal government. by the fbi. it's almost too bizarre not to take seriously. i am trying very hard to get him to come on the show to explain. >> wow. i would definitely want to hear that. >> i have never heard anything like what he is saying. >> all right. we will see you chris. look forward to it. coming up, dancing with the stars to fox news, business is booming for president trump's former press secretaries. ridiculist is next. flonase sensimist. nothing stronger. nothing gentler. nothing lasts longer. flonase sensimist. 24 hour non-drowsy allergy relief [music playing] jerry has a membership to this gym, but he's not using it. and he has subscriptions to a music service he doesn't listen to and five streaming video services he doesn't watch. this is jerry learning that he's still paying for this stuff he's not using. he's seeing his recurring payments in control tower in the wells fargo mobile app. this is jerry canceling a few things. booyah. this is jerry

the ceo of overstock. he just resigned today.t to get the company involved with certain government mat herters that he' been involved with. like what? he said he was involved with a russian spy named maria butina. she had a romantic affair but then government came in and asked him to be involved in that and all the other operations involved in the election

agreement which now been overstocked it by this i would be back towards it even though. jose under the supervision of you and has withdrawn from the tea party that's why we don't we do want to be that direct dialogue. on outside of those he has offered many times that they will stop attack in saudi arabia using drone on ballastic me this was days before. the so-called agreement on that for about 7 months and so he has not even apply to that . i mean request for him and that's why i think they should just put everything aside and sit directly on told with. our leadership here and i will leave the final word with. rami hussein mentioned in passing on the 2nd agreement struck on talks is that where it could go back to is a stance in point for any future talks any future dialogue from from all parties. well the internal situation in yemen started as an internal situation in the various wars and separation and unity and so of all wars and all these negotiations for a new constitution have these things are going on in yemen for about 30 years now and they're quite incredible i

agreement which now been overstocked that by this i would be back towards it even though. jose under the supervision of you and has withdrawn from the tea party that's why we don't we do want to be that direct dialogue. on outside of those he has offered many times that they will stop attack in saudi arabia using drone on ballastic missile this was days before. the so-called agreement and they stopped that for about 7 months and so he has not even apply to that. i mean request from and that's why i think they should just put everything aside and sit directly on told with. our leadership here and i will leave the final word. from hussein mentioned in passing on the 2nd agreement struck on talks is that where it could go back to as a starting point for any future talks any future dialogue from from all parties. well the internal situation in yemen started as an internal situation in the various wars and separation and unity and so of all wars and all these negotiations for a new constitution have these things are going on in yemen for about 30 years now and they're quite inc

cheryl: taking a look at the is to be, shares of overstock jumped 8% on the news that byrne was resignings quite an interview. maria: yeah, i saw the interview, incredible, the more you peel back the onion on the corruption is incredible. thank you so much. we have jay powell speaking, i had you had bullish stance on the market. >> yes, we do, the reason for that is our thesis of going into 2019 was very simple, growth is moderating, moderating on a global basis but at the same time there's probably going to be more policy support in 2019 than was the case in 2018 and that's how things are playing out. maria: i want to talk about the backdrop of earnings, going to fourth quarter soon, we will take a short, gas fell short, second-quarter earnings missed expectation, what the ceo is saying there about backdrop, keep your pups close, the new study proving that many have been saying all along dogs are good for you health, yes, we agree. back in a minute we all feel, we all love, we all cry. it's part of being human. sonoma county declared a homeless emergency in 2018. you have to know the ind

alix: let's take a look at some of the insane comments from the ceo of overstock following his resignationanalyst, says, "i think the latest controversy was one too many. some of his colorful comments include comparing a company executive to a star trek character. he would also sign communiques .'"'your humble servant those are some of the nicer ones we've heard. an unbelievable story. we turn now to our bloomberg weekly businessweek feature, where we preview some stories in the latest issue. first up, mcdonald's is up for alternative meat producers. and lacroix is losing ground to big soda. nervous retirees sit on their wealth. the beneficiaries of america's longest recovery are increasingly frugal. first off, we've been speaking things we eat are changing and meat alternatives. here are some of the highlights. >> i think this could be a $30 billion category in time. people are looking today for things that are less processed, but if you make the change, the change has to be dramatic. it's one of the greatest things we've ever done. impossible and the burger have figured out the way to we

over stop is a good example of a company that -- overstock is a good host: example of a company. want to invite viewers to join in. if you have questions, now is a good time to call in. if-748-8000 is the number you live in the eastern or central time zones. 202-748-8001 is the number if you live in the mountain or pacific time zones. cryptocurrency, a special line for you, 202-748-8002 is that number. we would love to hear your stories and how you use cryptocurrency. our guest for this segment, jim harper, writes about these issues. a visiting fellow joining us from new hampshire this morning. as people are piling in, what is libra? libra is a competitive cryptocurrency and there is an argument about whether it is a true cryptocurrency put together by a coalition led by a spoke. the ideas is to have something much like bitcoin, but this consortium would run it using the swiss foundation. the interesting thing about libra is that it has an installed user base. the companies involved have billions of users, so you can really leap to a high user base it isy, and is -- and important

down 2.5% on that stock, higher profit and higher revenue at yelp, oh, nice gain there, 11% higher, overstockrevenue falling short, the stock price though is up 5%, go figure tribune's media profits are down on less political ad revenue, that's interesting. the stock is down nothing. down 1%. so facebook, several items are going on. they're offering to pay news organizations millions of dollars to license content, second they're dipping into the streaming wars with their own streaming service, at some point in the future, and the journal reports that the feds want tons of user data from social media sites. what's going on with the fbi? >> let's start with the fbi first because as you heard from president trump, after the tragedies in el paso and also dayton, ohio he wants to empower the doj and also social media sites to get ahead of some of these rampages so it looks like the fbi is now soliciting proposals from outside vendors for a contract to pull back amounts of public data off facebook, twitter, and other social media sites and this is to identify and react, before we have these shootin