, pepsi, pepsi, and what about me, and what was your response?u always -- even today he will tell me -- your list is pepsico, pepsico, pepsico, then the kids, then your mom, and somewhere on the bottom i sit there. and i keep telling him, you are on the list. just be happy you're on the list, but he knows that i love him dearly. he knows that he's my rock, he's my life. but, you know, he likes to be higher up on the list. ♪ ♪ >> coming up on "bloomberg best," the stories that shaped the week in business around the world. sanctions come down, tariffs go up. political hardball leaves a mark on markets. >> and there was a clear message from china. we won't just go after the small items. >> the bottom line has been the sanctions are put firmly on their radar screen. >> it is a message to the wider western world, don't metal. >> samsung rolls out its latest smartphone. >> elon musk jolts wall street with a tweet. investors wonder what he is driving at? >> going private at that level

, pepsi, pepsi, and what about me, and what was your response?u always -- even today he will tell me -- your list is pepsico, pepsico, pepsico, then the kids, then your mom, and somewhere on the bottom i sit there. and i keep telling him, you are on the list. just be happy you are on the list, but he knows that i love him dearly. he knows that he's my rock, he's my life. but, you know, he likes to be higher up on the list. ♪ 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 across multiple locations. every corporate office, warehouse and store near or far covered. leaving every competitor, threat and challenge outmaneuvered. comcast business outmaneuver. ♪ jonathan: from new york city for our viewers worldwide, i'm jonathan ferro with 30 minutes dedicated to fixed income. this is "bloomberg real yield." coming up, turkey edging towards financial meltd

, pepsi, pepsi, and what about me, and what was your response?: you always -- even today he will tell me -- your list is pepsico, pepsico, pepsico, then the kids, then your mom, and somewhere on the bottom i sit there. and i keep telling him, you are on the list. just be happy you're on the list, but he knows that i love him dearly. he knows that he's my rock, he's my life. but, you know, he likes to be higher up on the list. ♪ two, down and back up. our phones are more than just phones. they are pocket sized personal trainers... last minute gift finders... siri: destination ahead. and discoverers of new places. it's the internet in your hand. that's why xfinity mobile can be included with xfinity internet. which could save you hunreds of dollars a year. plus get $150 when you bring in your own phone. its a new kind of network designed to save you money. click, call or visit a store today. alix: growing pains. u.s. independent oil producers spend more and get less as the shale development hits some road bumps. make glencore great again. record pr

by pepsi.not been the only food or beverage deal. we have seen a lot of activity in this industry. >> buffett raised everyone's eyebrows even before jeff bezos did the deal with whole foods. buffett went into craft and heinz. seeing thesee deals amongst the biggest companies in food around the world. they are all trying to deal with the trends. david: one of the trends is more popularization of art seasonal, local grants -- are seasonal -- artisanl, local grants. >> patty find the ones that are going to hold on? joe's, i thought to myself, there are a million and one cells are varieties. all different -- a million and one seltzer varieties. it is amazing that the companies are trying to find the ones that are tapping into local and organic. julie: lacroix has become a synonym for a seat -- for a certain type of hipsterness. david: it is great to have you here. coming up, the trump administration is set to roll back climate era policies. more on that next. out gtv goan check . on yourto tv go te

this is the geographic diversity for pepsi. a lot of people are talking about how this is a push into something healthier for pepsi. you mentioned something about bubbles. romaine: i am wondering about how far they can take this. i was under the impression sodastream was not as popular in terms of growth as it was a couple of years ago. >> if you bought them a few years ago, their shares were lower and now you're getting them at $144 a share. you have seen a comeback for them and talking to some of the analysts about what does this , it for pepsi and they said will change fundamentals. pepsi has been struggling in the north america business. sales are down. down about 1% in the latest quarter. what does this mean? it does not change the fundamentals because sodastream has been so focused abroad. vonnie: thanks to taylor riggs. we have breaking news. president trump at a fundraiser. he said he expected jerome powell to be a cheap money fed chairman. he mentioned these wealthy republican donors that his nominee raised interest ra

pepsi is going to have to do the same thing.t else do you expect from the new chief executive? >> i think on the beverage side, you're going to have to see dollars reinvested into core brands. they're going to have to make a choice on refranchise inc.. that will be something we will hear about by the end of the year. you will see continued innovation. pepsi, the cornerstone, has been built on innovation and you will see him excel or a that. the other -- you'll see him accelerate that. he is an unknown entity in the u.s. he moved here in 2017 when he was promoted to president. it will be interesting to see him interact with local networks and u.s. based retail accounts as she was active on that front. mark: what is going to put a rocket under these shares? you have got a price target of $111. i am looking at the analyst on our function. is 12 month price target $118. the shares are not going anywhere. what is going to move them higher? >> we think that is over fair value. what is coming into the share price now is discussion amon

not just lacroix pepsi is in there. so is coca-cola. nestle waters they have pellegrino and evian and some of the other imported bottled water. the u.s. has been late to the trend and it's catching on like fire if you look at pepsi this year, they launched bubbly their own brand of sparkling water. loy water, the competition of smart water. coca-cola has bubbly aquafina there have been incremental moves in the space they actually characterize soda stream, pepsico does as the biggest sparkling water company or brand in the world. yes, this is an all-in move for that i think it's why pepsico -- broke the previous strategy by going after a big deal pepsico had not really participated in the mega deals the last few years they've added incrementally money to the -- mostly in the facts category i talked to them about this. he said don't read into it with the new coming in ceo or anything like that it prepts a really good opportunity for them it talks about the froet in sparkling water. >> it was a continuation at one point you effectively had

the head of pepsi stepping down.feels a little harsh, ina resigning always feels a little harsh, in a way. she described it quite nicely, saying that she feels she has run her race, two legs and they are both tired. and indra nooyi wa nts to they are both tired. and indra nooyi wants to handed over to someone else with strength and insight, and that isa with strength and insight, and that is a significant thing to do. what we don't know really is how much a business issue this will be, the reve nu es business issue this will be, the revenues in pepsi are extremely strong, but we know this is a time when global tastes are changing, people are not buying what the americans call soda so much any more. fizzy pop. they are concerned about the sugar content in that, and this is about the lack of women leaders in fortune 500 companies. this is about the lack of women leaders in fortune 500 companiesm fa ct, leaders in fortune 500 companiesm fact, market watch have focused on that as well, with the figure that there are 23 f

she is the first ceo of pepsi, of first foreign-born ceo pepsi. with her departure, we were trying to do the count of the female ceos in the s&p 500. we count about 26. this would take it to 25. david: one of the things, they that saidan attack let's separate the beverages from the snacks. >> she has been trying to talked a lote, has publicly about being a woman in the workforce. leader as a a person and a professional. she is going to spend more time getting women into leadership roles. what about the performance of the company under her leadership. stock is up about 80% or so. did asgs what coca-cola well as a lot of the consumer staples indexes that she would be compared to. when you think about the fight with nelson peltz, there were concerns she wasn't as inquisitive as they wanted her to be. she has a stellar track record. she leaves the company in a place that is stable. she said we would be -- in the online's. >> she is saying it is the right time who is going to be my successor and make a call man strategic and systematic transition of po

. >>> now a management change has occurred at pepsi. we'll look at both of those developments coming up >>> and president trump tweeting that his tariffs are working, quote, big time. we'll talk to former u.s. trade rep ron kirk about whether or not that's the chase and get his res.tion to the latest trade that and of course we'd like to hear from you "the closing bell" is back right after this break alerts -- wouldn't you like one from the market when it might be time to buy or sell? with fidelity's real-time analytics, you'll get clear, actionable alerts about potential investment opportunities in real time. fidelity. open an account today. and it's also a story mail aabout people and while we make more e-commerce deliveries to homes than anyone else in the country, we never forget... that your business is our business the united states postal service. priority: you this is moving day with the best in-home wifi experience and millions of wifi hotspots to help you stay connected. and this is moving day with reliable service appointment

. >> so sodastream is up on that deal going to be acquired by pepsi. >> alibaba is on the move.e feel happy days are here again between us and china i'm waiting for a tweet. >> alibaba is still down. >> how about a tweet. >> no tweets. >> they're more focussed on the investigation of bob mueller david, i think that the acquisition is important. >> the sodastream deal >> yeah. kimberly clark said they're going to put on -- if proctor hits the price and the price of oil goes down the gross margins will be fabulous. >> that's true yeah that's true. >> i was looking, sorry, at the press release about the offer that has been made to acquire china buy logic products i mentioned it briefly and you know what the company does i have to admit, jim, i'm not familiar with it. >> i know because the s&p includes it in the chart book. >> it's a consortium of bank of china, group investment limited, cdh investments. they say they have a highly confident letter from goldman sachs for the financing. >> right. >> and they say it represents it's $118 all cash offer they came public with it they cam

guy and you're going to probably say i'm a typical politician but i like diet coke but regular pepsi so i'm straddling. steve malzberg conservative t.v. radio host thank you so much for being with us steve thanks bar and that's it for this time you can catch boom bust on direct t.v. channel three twenty one dish network or streaming twenty four seven on pluto t.v. the free t.v. after one thirty two or as always hit us up at youtube dot com slash boom bust our teeth will catch again next time. we have a new idea watch so if he's doing a vacation that she will be back on air in september. that's a very rough furthur a news story it's prophesied in moments and you have to fight for google for them if. it was a gunshot on top of them and still very fresh he would have been only one of them and even not i. don't think anything will back up for me you know i don't want to see it but it would be in the children is ready to put you straight in the good. old to me a good meeting and if. you don't think about this if this soldier on no you got three teams played here and you know i do and othe

guy and you're going to probably say i'm a typical politician but i like diet coke but regular pepsi so i'm straddling. steve i'm all very conservative t.v. radio host thank you so much for being with us steve thanks bar and that's it for this time you can catch boom bust on directv channel three twenty one dish network or streaming twenty four seven on pluto t.v. the free t.v. after one thirty two or as always hit us up at youtube dot com slash boom bust r t will catch again next time. it's a very rough terrain you so it's rough climates and you have to find through google to find. it was gunshots on top him and so many friends it would have been me i'm in need not. apply don't like me having full backup. you know i don't want. to see it but it will be in this room is ready to participate in the good. old to new book to meet him and if. you don't think about these you know these soldiers who don't know you got through it's like and you know i do and other patients. america was never great was founded on the rapes in the murders. nothing changed so we said oh response so these situat

i can't imagine how or take more sugar away or hint of sugar with their pepsi so you can make pepsi at home using the soda stream now owned by -- >> to your liking. >> because that's what you want. >> you know -- is this -- choice of home is it? >> sometimes i'm kind of guy give it to me i'll drink it. i didn't have to bother to make it. but -- [laughter] so there we've got pepsi soda stream. on upside right there. look at futures. this is a monday morning, obviously. after a last week's rally i think we've with gone up six of the last seven weeks and open higher first thing this morning. do remember please, this week china trade talks resume in washington, d.c. now, here's what is likely to be stock of the day again. tesla. the share price dropped below 300. 291 to be resice. now take a look at the tweets over the weekend concerning tesla board member ariana huffington and here's the response first of all dear elon change the way you work to more many line with the science of how humans are most effective you need it tesla needs it and world needs it. sh and here's the response from m

these are your headlines pepsi puts $3.2 billion on the -- making -- the government a 500 million euro recovery plan for the bridge collapse calling the funds a minimum wage offer shares in mulberry are in free fall after the uk profit warning. the collapse of -- [ inaudible brussels prepares for $80 billion tie-up as the commission is reportedly satisfied with the chemical firm's spinoff. >>> our top story today. pepsico la is buying soda stream for $3.2 billion the beverage and snack giant will pay $144 per share for soda stream's stocks and the deal is expected to be finalized next year pending approval by regulators and soda stream shareholders pepsi-co cfo hugh johnson it would give them a chance to expand in the home beverages businesses it's the latest move who announced plans to step down earlier this month she'll be replaced by president -- in october and in a statement he said the deal would give pepsico new ways to reach customers. karen joins me to discuss pour about the deal karen, it looks as though pepsi has joined the line under this move away from sugary drinks as we k

so you see in all of the news we're hearing that pepsi is set to take over soda stream i mean i hate to sound harsh allness one but why many people sort of thought a soda stream was a rather outdated company these days. yeah i thought the same thing had been out at pepsi co as two major reasons for this takeover first of all consumers don't want to drink sugary beverages and anymore not as much as they used to and they want to live healthier so soda stream with a soda stream they can basically accent their portfolio buy a drink with less sugar and then the second reason is less plastic so pepsico wants to limit the use of plastic bottles get this out of thin bottles can be reduced right to get some sleep and don't want to drink sugary drinks all lessons from safety szymanski besiegement thank you so. lights at the end of a long tunnel for greece as it emerges from the last of its three bailout programs that means that athens is no longer dependent on aid from the european union european central bank and the international monetary fund and loans amounted to two hundred sixty billion e

shakeup at pepsi.ing down as ceo after 12 years at the helm of the company, heard up archer will make the already short list of female chief executives at much shorter. she will be succeeded by one of her top lieutenants. joining us now for more is craig, who covers the food industry. guess the question we always have to ask is to what extent was this a surprise question mark she had appointed la guardia. >> i don't think this is a total shot -- total shock. always a surprise when the press release hits and you get the news, but there was widespread collision she would go with the administration of hillary clinton. then last september, they put the sky in place as number two, seeming to create the situation -- not a huge shock to get the news today. >> there was a lot of concern toward the tail end of her career that they were not doing enough and were not inquisitive enough for engaging enough with coca-cola and other competitors. new person has basically been there for so long, will he really change

when i had, as you know, the world's top executives among the world's top executives and the head of pepsi-cola, a great woman who is now retiring. she said -- i asked, what could we do to make it better? she said, two times a year reporting, not quarterly. i thought of it. it made sense to me. you know, we are not thinking far enough out. we have been accused of that for a long time, this country. we are looking at that very, very seriously. we are looking at twice a year instead of four times a year. i don't know mcraven. i know i have

it's meant to compete with pepsi's gatorade, and that's one of the areas they haven't been able to compete. so i think on this news -- charles: what about the carbonated beverage decline? ten years ago diet sodas were picking up the slack, now people have written them off. i think they've got to make an act by is decision in water. >> they do have their own waters as well, but exactly the point, they've got to diversify away from soda, and these types of acquisition, they're cash-rich, they pay their dividends, and this is exactly the type of strategy you want to see, so this is where i see it being a good moneymaker. charles: you only make changes periodically. someone out there watching this market, if we break out to new all-time highs in the next couple of weeks, would it be okay for someone to chase some of these names that are already up big? >> we still like amazon. we still think there's room to run. you know, it's still one of the most profitable consumer discretionary names out there, so we don't have a problem with, you know, even at these valuations. charles: doerrly, i've -- d

pepsi is acquiring sodastream for $3.2 billion.ium to where sodastream shares were trading. it's up 10% already this morning. the israeli-based company is known for making carbonated drinks in the carbonated machines and making a strong push into sparkling water which is a very fast growing segment of the market and clearly a focus for pepsi in looking for this acquisition. but generally speaking, it fits into the picture of pepsi's move away from sugary drinks to healthier options and low-calory drinks with less artificial sweeteners. part of the bigger picture plan. but elsewhere in markets today, we've seen a bit of a boost in asian equities on potential hopes of a de-escalation of trade discussions and trade tensions between the u.s. and china. mid-level negotiators will be meeting in washington this week. a nine-member delegation from beijing led by the commerce director. this is the first time they'll hold those meetings up to $50 billion. let's not forget there's a hearing this week about a potential extra $200 billion. inte

pepsi co. buying soda stream. it could help pepsi gain an edge in health conscious drinks. stream turns tap water into carbonated water. the company lags in the u.s., where it has less than 2% of market share. pepsi comes days after coke bought a sports make drinker backed by kobe bryant. >>> and there may soon be some relief at the gas pump. forecasts show the cost of gas is trending down. prices are already easing slightly with the national average down two cents from a month ago. experts say prices will continue to decline through summer as we switch back to making cheaper blends of gas. frances and phillip, time to take one last summer road trip. >> you said it, you. th an tdo iust ahead, why some schools are abandoning their football programs. >>> plus, the new ice cream craze in taiwan that's looking . you're watching "early today". t. i don't have to worry about that, do i? actually, you do. harmful bacteria lurk just below the gum line. crest gum detoxify... ...works below the gum line to neutralize harmful plaque bacteria and help reverse early gum damage. and, now

pepsi used to be a tough competitive culture.ted teaching, it was a scary place to go to work. now it's an employer of choice they date themselves really from the frito olay merger. it is a remarkable stability in this space >> what do you think she does next >> funny you ask if she was here right now she'd be tempted to do karaoke she's so excited she's a great singer but when she was little at the dinner table, every night the mom would ask the kids what you would do if you were president or prime minister, take different countries around the world. i don't think she's going to run for office, but she's always had an interesting policy on washington i think now it's going to prometheus unleashed it's hard to see where she could be to have impact. but we'd love to lure her into acidem acidemia but she's too smart for that >> i want to go quickly back to the 25% decline in female leadership in the s&p. why do you think that is >> well, it has a lot to do with activists targeting women. you take a look at nelson peltz, the three y

this is the pepsi for mopping, dipping, and dousing.r you're craving, this is the pepsi for you. ♪ if you want to ♪ have a good time. ll ♪ just give me a ca ♪ don't. st. me. now. ♪ (because i'm having a good time.) ♪ don't. stop. me. now. ♪ (yes i'm having a go time.) ♪ i don't want to stopt all. ♪ (yes i'm having a go time.) if your moderate to severe ulor crohn's symptoms are holding you back, and your current treatment hasn't worked well enough, it may be time for a change. ask your doctor about entyvio, the only biologic developed and approved just for uc and crohn's. entyvio works at the site of inflammation in the gi tract and is clinically proven to help many patients achieve both symptom relief and remission. infusion and serious allergic reactions can happen during or after treatment. entyvio may increase risk of infection, which can be serious. pml, a rare, serious, potentially fatal brain infection caused by a virus may be possible. this condition has not been reported with entyvio. tell your doctor if you have an infection,

guy and you're going to probably say i'm a typical politician but i like diet coke but regular pepsi so i'm straddling. steve malzberg conservative t.v. radio host thank you so much for being with us steve thanks bar and that's it for this time you can catch boom bust on direct t.v. channel three twenty one dish network or streaming twenty four seven on pluto t.v. the free t.v. after one thirty two words always hit us up at you tube dot com pleasure artie we'll catch again next time. difficulty. opening up a bit. in the film. yasi will leave you just as we. were talking to this. about them let's. go let's go get out our last get it one of these to make it easy try to get. them that a lot of any of us thought i was good but i'm going to look at him as art when i was up the money into the magazine but i'm going to. tell you the long way i left my own home and. just say to me eat all this. place of. call that was if you meet. other people who go from zero zero zero zero zero. zero zero zero month that way at least i. feel. when a loved one is murder it's natural to seek the death penalt

caesar carbonated water the acquisition also was reportedly one of the final initiatives of outgoing pepsi c.e.o. in drug needy who departure we covered here and now we shift gears to look at the impact to date of. the us tax cuts to lend us is able hand we are joined by american university professor donald williamson professor thank you for coming back we sure appreciate it thank you ok so we got to do this a little bit but i was so taken by our conversation let's do this more so glad you're here and the main question i have is book we know that a lot of these companies have taken the benefits and used it for stock buybacks one do you agree that's the case and is that a bad thing yes it is the case i don't think when congress passed the law they anticipated that to occur but it has occurred and the bottom line is what will those shareholders do with the money they received on the buy backs will they invest in capital intensive activities as was the intent of the bill or will they spend it on vacations or even worse maybe just take it overseas and hold it there for an vacations to spend it

pepsi buying sodastream for $3.2 billion.a sign that sugary sodas are on the way out we'll talk about that. plus, how long will the bull run last anastasia om row so will be here to talk about the markets. as we head to the break, take a look at the u.s. equity futures. off the highs. still indicated up by 50 points. s&p futures up by five the nasdaq up by 19. "squawk box" will be right back. into everything, and everything into the cloud. it's all so... smart. but how do you work with it? ask this farmer. he's using satellite data to help increase crop yields. that's smart for the food we eat. at this port, supply chains are becoming more transparent with blockchain. that's smart for millions of shipments. in this lab, researchers are working with watson to help them find new treatments. that's smart for medicine. at this bank, the world's most encrypted mainframe is helping prevent cybercrime. that's smart for everyone. and in africa, iot sensors and the ibm cloud are protecting endangered animals. that's smart for rhinos.

when i had, as you know, the world's top executives among the world's top executives and the head of pepsi-cola, a great woman who is now retiring. she said -- i asked, what could we do to make it better? she said, two times a year reporting, not quarterly. i thought of it. it made sense to me. you know, we are not thinking far enough out. we have been accused of that for a long time, this country. we are looking at that very, very seriously. we are looking at twice a year instead of four times a year. i don't know mcraven. i know i have gotten tremendous response from having done that because security clearances are very important to me. very, very important. i have had a tremendous response for having done that. there's no silence. if anything i'm giving them a bigger voice. many people don't even know who he is. now he has a bigger voice. that's okay with me because i like taking on voices like that. i have never respected him. i have never had a lot of respect. senator burr said it best. if you knew anything, why didn't you report it when you were before all of these committees, including t

pepsi inking a $3.2 billion deal to buy israeli-based sodastream for $144 a share. sodastream makes the machines that turn into tapwater into fizzy water, carbonated water. i love it. i have one. it is the best. pepsi hoping to diversify its beverage portfolio as consumers opt for sparkling water over soda. with sodastream at 142 to in-- $142, it is still below the buyout price. indra nouyi. signature bank chairman shot shays if that is come to pass, there may be something in the banking sector. investors that own any share of stock, should be here to listen. he is next on a exclusive. go back to the white house now. as we're beginning, mike pence is coming up to speak. and you can see kirsten nielsen. she of course is head of homeland security. in the audience we should mention are many of the i.c.e. members. this is immigration and customs enforcement group here. and this is sort of a salute to heroes. 150 officers and a panel discussion, had just occurred. lawmakers in the audience. more of a morale and spirit booster. president trump broadened you know, the sort

and this gives pepsi almost an insulated layer of use for the product. they're selling a cartridge and an appliance instead of just selling bottles of water so it's another line of business, whether or not it's one that totally agrees with pepsico's ongoing plans is another question but it's certainly another part of the total beverage portfolio. >> and the company that has seen some very strong growth especially lately. we'll leave the conversation there. thank you. bill chapel and jeffrey clineman >>> we've got 12 minutes to go before the closing bell. dow is up 106. s&p up 0.3%. nasdaq has remained positive after starting day off negative. the russell 2000 is up at 0.4%. >>> and is apple too ripe? closing bell will be right back. let's begin. yes or no? do you want the same tools and seamless experience across web and tablet? do you want $4.95 commissions for stocks, $0.50 options contracts? $1.50 futures contracts? what about a dedicated service team of trading specialists? did you say yes? good, then it's time for power e*trade. the platform, price

whatever you're craving, this is the pepsi for you.p number 360 smart bed. it senses your movement and automatically adjusts to keep you both comfortable. and now, all beds are on sale. save 50% on the new sleep number 360 limited edition smart bed. only for a limited time. ♪ happiness is powerful flea and tick protection from nexgard. a delicious chew that protects for an entire month. ask your vet for more information. reported side effects include vomiting and itching. nexgard. the vet's #1 choice. >>> good morning, i'm caroline tyler. developing news, oakland police are investigating a deadly shooting near e street and elmhurst avenue. the department tweeted this picture from the scene just after 12:30. it's not clear what led up to the shooting. oakland police are asking anyone with any information to give them a call. >>> lets get a check of the accuweather forecast. here is lisa argen. >> good evening, carolyn. you can see walnut creek, the cloud cover here. temperatures are on the cool side, in the 50s. 57 in san jose. the flag

the president of pepsi will be taking the top job.n attempt on the venezuelan president's life. people there are bracing for massive crackdowns on anyone who opposes maduro. more on the turmoil ahead. plus, a fight with that shake. another brawl on the menu at mcdonald's, this time in illinois. we have the shocking foot, coming up -- footage, coming up. ♪ dagen: welcome back - >>> comthere was a failed attemt to assassinate venezuela's president over the weekend. two drones were detonated as maduro spoke at a parade on saturday. he was not injured. critics warned he could use the attack as an excuse to threaten his poe ponopponent. john bolton on fox news sunday denied any u.s. government involvement. >> if the government of venezuela has hard information that they want to present to us that would show a potential violation of u.s. criminal law, we'll take a serious look at it. in the meantime, i think what we really should focus on is the corruption and the oppression of the maduro regime in venezuela. >> vein venezuela's economy is

pepsi's ceo exiting after 20 years. cnn money is next. how do you win at business?aquinta. where we're changing with contemporary make-overs. then, use the ultimate power handshake, the upper hander with a double palm grab. who has the upper hand now? start winning today. book now at lq.com. does your business internet provider promise a lot? let's see who delivers more. comcast business gives you gig-speed in more places. the others don't. we offer up to 6 hours of 4g wireless network backup. everyone else, no way. we let calls from any of your devices come from your business number. them, not so much. we let you keep an eye on your business from anywhere. the others? nope! for a limited time, when you get fast, reliable internet, you can add voice for just $24.95 more per month. call or go online today. call or go on line today. >>> just a few hours ago,shortlk into effect by order of president trump. the sanctions targeting gold and steel and aluminum and currency which was part of the iran nuclear deal. other nations remain in the agreement and some have pledged

theworld's top executives, head of pepsi-cola, a great woman who is retiring. she said because i asked what had -- 10 we do to make it better and she said two times a year reporting [inaudible] we are not thinking far enough out, we have been accused of that for a long time, this country. we're looking at that very seriously. we are looking at twice a year instead of four times a year. >> [inaudible] president trump: i do not know. i have gotten tremendous response from having done that because security clearances are very important to me. i have had a tremendous response having done that. [inaudible] i am givingump: them a bigger voice. i like taking on voices like that. i have never respected him, i never had a lot of respect and if you knew anything, why did you not report it when you were before all of these committees including their committee? he had a chance to report, he never did. and it is a lately disgusting thing, frankly. again, that say it whole situation is a rigged witchhunt, it is a totally rigged deal, they should be looking at the other side,

whatever you're craving, this is the pepsi for you. save 25% on nike, under armour, adidas, and converse! save on nike tees under armour backpacks adidas shoes and converse sneakers! plus - get kohl's cash! save 25% on our biggest active brands! right now - only at kohl's. uhp. i didn't believe it. again. ♪ ooh, baby, do you know what that's worth? ♪ i want to believe it. [ claps hands ] ♪ ooh i'm not hearing the confidence. okay, hold the name your price tool. power of options based on your budget! and! ♪ we'll make heaven a place on earth ♪ yeah! oh, my angels! ♪ ooh, heaven is a place on earth ♪ [ sobs quietly ] ♪ ooh, heaven is a place on earth ♪ man: batter up. amber: what are you watching? are you guys seeing this? this is so rude. i was going to ask you a question, and you started playing something from youtube? what are you doing? lemonis: that was so awesome. i was watching a camping world commercial. they sent me to approve. amber: i could have done a better job at that. lemonis: right. that's $5 billion in sales, i think we'

i>> andfact pepsi's outgoing ceo confirmed that report saying the ia of allowing companies to focus on their longer-term strategy is also bng discussed among business roundtable members. and late today the s.e.c. said, in fact, it does continue to study public companyng reporti requirements, including the frequency of those reports. >>> tesla's ceo, elon musk,er ge an iew to "the new york imes" which is being described as emotional andoff-kilter. he called the past year quotend excruciatinghe most difficult and painful of his career. details of his struggles sent the stock down nearly 9% today. as you know, tngs intensified for mr. musk last week when he tweeted that he had the funding to take the company eprivate. as reported last night, the s.e.c. is reportedlyig inveing whether the tweet was intended to hurt short-sellers. >>> short-sellers are sometimes portrayed as the bad guysn wall street, rooting for company stocks to go down. but shoing is a legitimate investment strategy. dominic chu explains how it works. >> reporter: buy low, sell high. that's simple market cliche capturing

whatever you're craving, this is the pepsi for you.burke) so we know how to cover almost anything.en almost everything even "vengeful vermin." not so cute when they're angry. and we covered it. talk to farmers. we know a thing or two because we've seen a thing or two. ♪ we are farmers. bum-pa-dum, bum-bum-bum-bum ♪ save 25% on nike, under armour, adidas, and converse! save on nike tees under armour backpacks adidas shoes and converse sneakers! plus - get kohl's cash! save 25% on our biggest active brands! right now - only at kohl's. amber: my husband doesn't want one, and my 6-year-old is not gonna really take care of it. but he really wants a dog, really bad. lemonis: so if i got him a puppy for his birthday... amber: oh, my god, no, please. you'll start, like, world war iii in our house. lemonis: you want a cat? amber: no, i'm allergic. i hate cats. they're [bleep] lemonis: a hamster? amber: no. lemonis: cats aren't [bleep] amber: [bleep] they are. they have such attitudes. lemonis: just play. [ laughs ] we need to gather everybody t

this is the pepsi for mopping, dipping, and dousing.ng, this is the pepsi for you. when did you see the sign? when i needed to jumpstart sales. build attendance for an event. help people find their way. fastsigns designed new directional signage. and got them back on track. get started at fastsigns.com. and got them back on track. blue moon is a belgian style wheat beer. brewed with valencia orange peel for a flavorful & refreshing taste that rises above. because the weekend is heret and you're thinking tacos.uds. whether carne asada, carnitas, or alberto's al pastor. nice, berto. whatever you're craving, this is the pepsi for you. with pg&e in the sierras. and i'm an arborist since the onset of the drought, more than 129 million trees have died in california. pg&e prunes and removes over a million trees every year to ensure that hazardous trees can't impact power lines. and since the onset of the drought we've doubled our efforts. i grew up in the forests out in this area and honestly it's heartbreaking to see all these trees dying. wh

indra nooyi leaving pepsi.ed about that >>> goldman supping their estimate for the year. >> i thought that was significant. i know a lot of people feel that buybacks are waste of time and money. just the opposite. i know they help but people think it's optimal earnings. but i continue to say that what matters is the -- [ applause ] they've done a lot of ipos but not nearly enough to make up for the deals. [ opening bell ] it's a clinic. he buys when they're down. >> it's like, hey, the stock is down big let's be opportunistic by the way, they're not capital constraint. >> no. >> they don't have to look under the cushions if afor the money. >> there's the opening bell. we'll keep an eye on pepsi and how the market votes on the succession. >> people say, listen, it's the opportunity to do a reset. maybe something major. i don't expect that to happen. i just want to comment on the ipo market there have been so many chinese ipos you are surprised by the rhetoric from the people's republic in the end they're trying

as far as the competition with pepsi pepsi dominates the market wi with gatorade.0% is coca-cola's own powerade though body armor is growing pretty fast and commands about 4% of the market now it is marketing itself like netflix. >> how much has coca-cola grown, and we mentioned there's dr. pepper and snapal ple in there >> it's considered a safe bet, and it's a tiny financial deal, obviously, for coca-cola but it shows coke's strategy safe, growth brands that they can leverage and put into their bottling system, take them global, put them on a much bigger scale also this deal does involve an outright path to own it. so watch for a potential take over on that front as well >> but it's got coconut water in it >> yes >> that's good for hangovers >> is it also good for hydration. >> i've never bought body armor before >>> up next coming right back with the closing count down. >> and after the bell the emerging market's etf seeing some btarul numbers. you're watching cnbc first in business worldwide you always pay your insurance on time. tap one little bumper and up go

i think we have the logos, kellogg's, hershey, starbucks, pepsi, campbell's soup.s going on, for 30 years the food industry was copastetic, static, nothing going on then boom, it started to change. processed food companies having a go of it. they're having a hard time, finding next consumer trend and food taste changes rapidly. consumption 30-year low. people want private, label, healthy, nutritious stuff. ashley: ceo's are suffering because of it. they can't adapt to the new health habits of the country. liz: yeah. used to be little guys were panicked about the processed food giants. now they're going towards the little guys, wanting what they have to deliver in terms of nutritional eating. stuart: interesting. coming up, one former congressman telling conservative millenials, don't fall back, don't be quiet when liberals call you names. we'll have him make his case on this program later this hour. ♪ dear great-great grandfather, you made moonshine in a backwoods still. smuggled booze and dodged the law. even when they brought you in, they could never hold you dow

so we created the pepsi challenge, we did other things to own the experience.id, you've got to teach me how to do that because i'm building this experience product. and apple does it today. it's all about the experience. that's what locks in the loyalty with consumers. great design, great experience, great materials, great, you know, image, prestige, to have an apple product. people love them and probably will continue to decades ahead. >> john scully. >>> next, just this morning the wife of a decorated marine veteran was deported. we'll hear the pleas from this american military family. it was the last song of the night. it felt like my heart was skipping beats. they said i had afib. what's afib? i knew that meant i was at a greater risk of stroke. i needed answers. my doctor and i chose xarelto® to help keep me protected from a stroke. once-daily xarelto®, a latest-generation blood thinner significantly lowers the risk of stroke in people with afib not caused by a heart valve problem. warfarin interferes with at least 6 of your body's natural blood-clotting f

pepsi will pay $144,000 -- i should say $144 per share for the stock. deal is expected to close by january and it will give pepsi a new market. the news sent both stocks up this morning >>> elon musk is confirming a feature tesla drivers have been asking for. video playback on tesla's screens. musk tweeted the announcement saying it's coming in version 10 of tesla software. no other details were released. analysts say owners can expect the feature will only be available while the cars are parked for safety reasons >>> a live look at the new york stock exchange. we are up and we still are, up about 90 points right now. investors are waiting to see how trade talks between the u.s. and china progress. >>> new music from janet jackson this morning. the 52-year-old pop icon out with a new song and music video and if you haven't seen it here's a glimpse. ♪ celebrate ♪ >> i love the song. i've been listening to it one or 20 times this morning. she collaborated with daddy yankee on the brand new single called "made for now." it was shot in brooklyn and jackson

caesar carbonated water the acquisition also was reportedly one of the final initiatives of outgoing pepsi c.e.o. indra nooyi who departure we covered here and now we shift gears to look at the impact to date of. the us tax cuts to lend us is able hand we are joined by american university professor donald williamson professor thank you for coming back we sure appreciate it thank you ok so we got into this a little bit but i was so taken by our conversation let's do this more so glad you're here and the main question i have is book we know that a lot of these companies have taken the benefits and used it for stock buybacks one do you agree that's the case and is that a bad thing yes it is the case i don't think when congress passed the law they anticipated that to occur but it has occurred and the bottom line is what will those shareholders do with the money they received on the buy backs will they invest in capital intensive activities as was the intent of the bill or will they spend it on vacations or even worse maybe just take it overseas and hold it there for an vacations to spend it bu

we heard of pepsi buying soda stream as well. your own fizzy drinks, but costa coffee is much better, it gives them a global brand, international, not quite global yet, but other products that can be allied. in terms of the new ta riffs can be allied. in terms of the new tariffs on china, how will that affect the markets? again, you have to wait until it comes through and started back on company figures. once you see those margins being hit, that is when you see. justin, thank you, you are with us for the rest the of programme so we will speak to you later. still to come. a look back on the business week — including theresa may's visit visit to africa. you're with business live from bbc news. the payday lender wonga has announced its intention to go into administration after losing its battle to stay afloat. the company said in a statement that it had assessed all options and had decided that administration was the appropriate route. theo leggett is in our business newsroom. it was an impossible trajectory in terms of the claims

that is the case with pepsi.eresting that these andn are in hr departments not revenue generation departments that would give them a path to becoming leaders of that company. is not just a female leader, she is a leader of color . how rare are those people in companies in the u.s.? jordyn: first, there has only been one black woman that has been in charge of a large s&p 500 company. and with pepsi, the first foreign-born ceo. if we are still talking about firsts, a lot of companies have to look at the pipeline. vonnie: does there need to be mandates? a certain number of females be put on the board and people of color. jordyn: france does the same thing and they have seen a lot of rye grass. i really think what it really is, if there is a champion at the top, that is what they do now. shery: japan doesn't have a number but the government's incentivizing companies to have more women in management. they release a list of companies not meeting that criteria, basic a shaming them. we have seen this diversity in wall s

. >>> pepsi is making a move to get into more homes.ebook accused of violating the fair housing act. pam cook gets into the dollar of cents. >> reporter: hud accuses facebook of helping landlords and home sellers violate the fair housing act. it accuses face is back to discriminate against certain people and target certain demographics. facebook stock is down. wall street rang the bell this morning. you might remember pain stewart, golfer died in a plane crash and the wall street honor him by giving a day for him because of his character, personality and sportsmanship. the dow jones industrial average is opening up about the same level as last week. the s&p 500 also posting some gains. and the nasdaq slipping, though, about a quarter of a percent to 7795. that is below the 7800 level. pepsi announced plan to buy -- and they will offer $3.2 million to the carbon drink maker. pepsi has struggled as people have moved away from sugary carbonated beverages. it still needs approval by shareholders. >>> apple removed thousands of chinese app f