procter & gamble confirmed one company egyptian employees based in france was on that egyptair flightht up on markets looking at dow, in particular -- dow futures up 28 a lot of talk about what the fed will do in june or july. >> have and checking on oil this morning, it is up by 10 cents 4826 quote this morning, all right how about we get caught up in sports check it out cleveland cavaliers are 10 and 0, in postseason after they beat toronto raptors 108-99 game two conference finalize lebron james triple, game three saturday toronto, nhl playoffs san jose sharks two games to one series lead after 3-0 victory over st. louis blues game three last night game four saturday in san jose, and this is a good one a dream come true, for a young fan it is a city field 11-year-old joseph loroco, watching nationals ace in outfield before the game yelled you pitched good name, he said thanks then asked boy if he wanted to play catch, it is precede father taping it all. >> -- that -- conversation. >> this is a dream! . >> joe playing catch with max sheer zer are you kidding me? >> are you kidding m

i worked at procter & gamble for 30 years. i learn firsthand what it takes to create a high-performing organization and one that is customer centric. procter & gamble serves 5 billion people on the planet every single, at least one product is used by 5 billion people every single day. to be a high-performing organization, it requires a clear purpose, strong values, and enduring principles supporting sound strategies. we already have a clear purpose. we talked about that. there is no higher purpose than caring for a nation's veterans. we have strong, admirable values. many of us where this icare pin that represents those values, integrity, commitment, advocacy, respect, and excellence. we are doing everything we can to make sure all of our employees are focused on that mission and on those values. every year, we do annual training to have people recommit themselves to that mission, to that value. every speech i give, i always start with the mission and the values. that's how fundamental they are to guide our behavior. it takes

i worked at procter & gamble for 30 years. firsthand what it takes to create a high-performing organization and one that is customer centric. procter & gamble serves 5 billion people on the planet every single, at least one product is used by 5 billion people every single day. to be a high-performing organization, it requires a clear purpose, strong values, and enduring principles supporting sound strategies. we already have a clear purpose. we talked about that. there is no higher purpose than caring for a nation's veterans. we have strong, admirable values. many of us where this icare pin that represents those values, integrity, commitment, advocacy, respect, and excellence. we are doing everything we can to make sure all of our employees are focused on that mission and on those values. every year, we do annual training to have people recommit themselves to that mission, to that value. every speech i give, i always start with the mission and the values. that's how fundamental they are to guide our behavior. it takes strong,

procter & gamble releasing a statement about its employee on board that flight. we'll work to get more details but thank you so much for joining us as we learn more now about the individuals on that flight with the search sfil stil ongoing at this hour. coming up, a look at the conditions at the time that egypt air flight 804 disappeared and also that search site. how deep is the water there? you heard one of our experts say that that obviously impacts the ability to recover some of the debris if that is in fact what's been located at a scene that is the heavy focus as i speak. we'll be right back with more information that we're getting in that we've an able to confirm. we'll be right back. [phone buzzing] [engine revving] [engine revving] [phone buzzing] ♪ some things are simply impossible to ignore. the strikingly designed lexus nx turbo and hybrid. the suv that dares to go beyond utility. this is the pursuit of perfection. i have an orc-o-gram we for an "owen." that's me. ♪ you should hire stacy drew. ♪ ♪ she wants to change the world with you. ♪ ♪ she can pr

they're putting out a picture of a student who was an employee of procter & gamble in paris and it was confirmed by procter & gamble as well as here at the american university in cairo that he was an alum of that university. he graduated in 1999 and he too was on his way back home to visit his family here in egypt. so you are starting to learn a lot more about the identity of those. egyptair has also released the image of the pilot and the co-pilot. they have been identified as mohammed said aly as well as mohammed au mhmed masmassem. you can imagine a lot of questions and very little arnsds at this point. >> ayman, thank you. keir simmons joins me live. let's start with that evacuation that happened in terminal one. was that in reaction to yesterday. >> when we've seen across the u.s. an increasing of security, l.a.x. for example, meeting to think about security there and here we saw passengers evacuated from terminal 1 very quickly when they believed that there was a suspect package. it's the kind of thing you see regularly at many, many airports, but it's a sign too of how anxious t

jet disappeared among the presumed dead a canadian mother of three living in cairo a director of procter and gamble facility in france the pilot and co-pilot who plan to get married soon will sever memorandum from when-remember-them fondly. >>grant l: egyptian and u.s. authorities said they suspect terrorism but as of right number of groups have planned response to the living >>pam m: if they commit warmer abnormally small hands and so from abnormal brain development. >>reporter: which have another round of sierras now as we go into saturday and sunday in that is owed to expire at 11:00 p.m. and that is where ring shouts of going to come from is we headed to tomorrow. >>reporter: the timber just as we go to tomorrow morning 51 the greens highs on the region's small 66 in san jose 65 in fremont the oakum 65 degrees this one to the unseasonable days 61 for san francisco. >>reporter: we will head back to the '70s as we get into the start of the work week the police and counter the lead to amend that to my family members said the officers went too far. most fast food places use formulas to c

big labels such as procter & gamble, johnson and johnson and ref revlon. has an app called think deep. i tried it out. you do have to have the bar code. you have to have the product, the packaging of the product that comes n i have a few things that do have a par code, a hair spray and makeup compact. i scanned it but a lot of products say that the product is not in there. so, this is part of a problem. should be easily accessible for us to be able to find the ingredient. is there anything that's causing the problem? >> one small piece of vice is comparing two lotions, go with the one with the shorter ingredient list. just like food. >> yes. shorter better. something that says perfume or fragrance or coloring, they don't have to disclose what makes that up fragrance or coloring. that's where some of the hidden ingredients will be. >> i'll scan my hair spray. >> give me a shout because i don't know that mine did. >> let me get you to where you need to go. sal, everybody behaving? >> sort of, dave. it's going to be about 25 to 30 minutes. we do have a live p

a website reported yesterday that procter & gamble might be interested in acquiring the company.a london company, then it might be $23 billion. the market cap is $13 billion. analysts said that sounds too high. dwight said they are not aware of rumors. up, a former wall street executive and the founder of her own online robo advisor. we will be joined in just a moment. ♪ betty: more trouble for lending club. the regulator launching investigations into the business practices, the third into the online under since the ceo was forced to resign this month. joining us is the world of tec syntax. a former bank of america executive. cofounder ofeck ellevest, which just launched last week. sallie: that is why i look tired. betty: i imagine it has been an exciting but long road. i will ask you about ellevest in a moment. , is whole centre court world hear it is about to implode. what are you hearing? sallie: you will have ups and downs. they will often he by what the markets are doing. this is a long way. thinking and financial services are technology. of course making it more technologic

they've made companies like procter & gamble admired companies. we should apply them to benefit our veterans. >> folks, we've got the microphones. let's start over here. general, i haven't seen you in a little while. the microphone right there. [ inaudible ] i'm not sure. is it on? i'm not sure. just slide that -- slide that up. or do we need a new microphone? can we get another microphone? let's get it over here real quick. and -- >> okay. everybody see me? >> yes, sir. >> mr. secretary, thank you for coming and presenting your case as far as improving veterans care, access. two things. one is the appeals process. i know you're working on that. and i want to take the thunder from mr. olmeda, 99 years old, who has been waiting to have his appeal approved and i'm sure i'm going to have him ask the question in regards to where that is today. and that appeals process is about identifying himself as someone who fought during world war ii. my other topic, and i'll address to you, is accessibility and availability of resources to include outsourcing --

be white and couldn't buy a home and then enjoyed the proceeds these are blue-collar families and procter and gamble of all places top the disparity between your family and a family of color. >> the wealth gap is the enormous and it grew. saw all these households out were sold at toxic mortgages but unlike income there is a wage premium and also an aspiration to protect yourself or your family when somebody loses a job and that is something we have excluded african-americans from accumulating wealth. >> host: so looking at your subtitle, how? >> if you want a more secure economic future it will not happen without reclaiming authority in this country and we need to stand up and make demands. >> host: what a read. thanks so much. >> host: we have a government professor george thomas whose book is called

some of the bug name labels such as procter & gamble make a lodi of products, johnson and johnson ashampoo, revlon. they are supporting this in consultation with the fda. i signed down follow this bill. it was introduced a year ago. it just sits there at this point. maybe because of the presidential elections, a lot of things sit in congress. >> pam, you have a story airing tonight on the 10:00 news about elected pet care. >> i was floored by this. a lot of us who have pets, you know, more and more people are demanding state-of-the-art facility called comfort care for your pet. i went inside a facility in marin county. people say only in marin but it's not. they are doing chemotherapy. dogs with cancer. used to be, your dog is sick, probably has cancer sorry. that would be the end of it. you might see how it goes. put them down. now there is comfort care to maybe extend their life and make them comfortable. there is knee surgery, acupuncture. dermatology, that's amazing. we'll have that tonight on the 10:00 news. >> look forward to it. >> thanks, pam. >>> for months, we have been tel

the people of procter & gamble won't be thrilled about them making a competitive product.at does amazon have on other competitors? mark: the problem is going to be, where are those other vendors going to go for liquidity? you could go to ebay, but last time i checked, they are showing no growth. there are very few brands that have that kind of pull to go directly to customers. amazon is a low-customer service channel for retailers and manufacturers. the amazon customer is extremely well educated, and they are in and out. emily: could you hazard to guess as to how big in dollar terms this business could be? mark: a private white label business, we are doing $100 billion in sales annually. it's hard to know how much of this will be incremental. it's not like it's going to draw away from third-party sales on amazon sites. emily: as a percentage of nantz, it's a question of how many products they are going to launch. what is interesting is they are drawing a lot of products. one wonders, are they going to take a margin, or are they going to lower price and not take a margin? i

you don't get accepted a stanford, go to work at procter & gamble, and then you get a job the title that you say is the best title you ever heard. >> director of new pizza development of pizza hut. >> it was a great job. i did that for about a year. >> the last 15 minutes we talked about technology. but the interesting thing, thing, well want to do when i graduate was just that. there was not a startup culture. samples of shampoo. >> i think i do. >> occasionally. but i realized basically bundling because maybe got little too far. that experience -- >> you have the momentum. >> i came. it was pretty outside. one ofout sick. kuan the classic top-down organization. it was run by the franchisee. i thought it would be good. i was only there for a couple of years before i joined the area. i thought it was a great idea, next big thing. it turned out and missed the mark. thankfully, the people i met there, we became the cofounders of aol in 1985. even there it took a decade. this requires perseverance. the idea of what i wanted to do i had in 1980. that's why wanted to name my book the same thi

the 40-year-old director of a procter and gamble facility in france was said to be always smiling. the family of mervat, the head flight attendant attendant on 804, says she was just starting a new life. she was a newlywed who got married six or seven months ago, she says. i asked god for the flight to be hijacked instead of what we've been told. we have hope. with debris from the plane now being found, hope overtaken by grief. and now comes the painstaking taszi task of finding the plane, recovering the bodies, doing dna testing and then reuniting the family with their loved ones. these families have a long, hard road to go. miguel marquez, cnn, new york. >> i'll have much more on the search for the egyptian airplane. i'll ask an expert in crash investigations if the purported smoke alerts could bolster a theory that someone set off explosives mid-flight. >>> also ahead here this hour, donald trump touts his stance on gun rights while slamming hillary clinton. we'll tell you about a new endorsement he's received from a key gun lobbying group. >>> welcome back to "cnn newsroom." we

director of a proctor and b procter & gamble facility in france and co-pilot moham mohamed mamdouh assemo be married soon. >> what happened is really very much unfortunate. >> reporter: to be clear, investigators have not ruled out any explanation. a mechanical failure, a fire on board or a terrorist act. they don't have conclusive explanations of that yet. >>> the former director of the cia says the disaster could be an inside job. charles de gaulle airport purged some of its workers earlier this year but could they have missed someone who snuck a bomb on the plane? and if that happened, could it also happen here in the united states? that's next. don'tlive in tokyo. when you airbnb, you have your own home. so, live there. even if it's just for a night. [we know a thing or two because we've seen a thing or two. ♪ we are farmers. bum-pa-dum, bum-bum-bum-bum ♪ [ "dreams" by beck ] hmmmmm... hmmmmm... the turbocharged dream machine. the volkswagen golf gti. part of the award-winning golf family. the call just came in. she's about to arrive. and with her, a flood of potential patients. a de

these are blue-collar families that have been passing on stocks and procter and gamble of all placesed us so many times it will continue to. >> host: talk about the disparity between your her family and a family of color. the astounding wealth gap in the country. it's an enormous and it grew in the great recession because the reality is it was the african-american and latino households that were sold as toxic mortgages to ensure they couldn't pay them. it's about 10 cents on the dollar involve that's the wealth disparity and 12 unlike income begins with a huge income gap. there is still a white male wage premium in this country that's very real. while it is a cushion and an aspiration allows you to dream and to protect yourself or your family. >> host: in the last minute that we have company working class transformed america. i fundamentally believe if we want a more secure economic future. >> guest: i think they will do that by continuing to stand up. sleeping giant, again, thanks so much. >> weigh-in on criminal justice reforms and recalled his 19 years in prison. he argues measure

members, and we are starting to learn more about the passengers including one french employee of procterble, and they were saying that he was the drirector of manufacturing t one of the plants in france. this is an airbus a-320 and new plane rolled out in 2003 and the engines from aie, part of pratt and whitney, and because of that, the ntsb could be involved, but at this point they have not reached out because the wreckage has not been found, and the big question is if they will continue to search in the evening hours, and sunset about an hour away. k kayla, and carl. >> thank you, and since you have been speaking, we got a statement from egyptair and this is not translated but in english, with reference to the information aired by several tv channels about finding the wreckage, egypt air has contacted the confirmed authorities and they did not confirm the details. so as we have more details, we will get them to you. >>> as googlele lunveiled thei earnings yesterday, we will talk to them when we come back. >>>p coming up on the halftime report, breaking news at the toch to hour, and we

the last ten years procter & gamble is up almost 50%. johnson over the last ten years is up almost 100%, so even evolutionary companies, if that's the case with apple which i don't think is necessarily the situation here. they can still make money. >> bottom line, you're a buyer. you're an options pro. another way to make money on apple besides just buying the equity. >> yeah, there is, and there's a real conundrum around apple right now. i think there's a lot of electric days in apple. you saw carl icahn got out of his position. and then there's a lot of really smart people like mark who are looking at it as a value investment. you can sell options that will give you an additional 2.5% yield. you can have the 80 strike call and 85% strike put. even as the two forces battle it out, you can can get additional yield out of the to and hold it and get paid to hold it while i think the stock eventually goes higher. >> there you go. "a," buy the stock. thank you both. for more "trading nation" head to our website. >>> the spring auction for ar

you mentioned a number like nestle and procter & gamble that offer an opportunity here too?> yeah, in the three names that i think i gave in the preparation for this, budweiser which is inbev, nestle and p & g, two nonu.s., one u.s. name. they share two things in common number one, consumer driven stocks, less susceptible in the economy. but free cash flow yields and dividends. all three of those names have a very high free cash flow that happens to be higher than their dividend yield. as people seek out yield in the no-yield environment, they sometimes chase dividends and that can be a dangerous game. what we do is first screen for free cash flow yield. that's the pot of money, if you will, that these companies will use to pay dividends we want a higher cash flow yield than dividend yields. we feel good about that. there's a side benefit those are the kind of companies that buy back stock and buy their competition or invest in their businesses. >> the other thing we've kicked off the week talking about is the fed and whether or not they're going to raise rates this summer.

pfizer who had the earnings this morning, and amle trying to hold with procter and mcdonald's, but jpmorgan laggards. and now, across the uk, it is back in session after the may day holiday, and weak china and pmi and pulled the stocks down the three-week lows, and miners and others trading. and disappointing trading from commerce ban, and ubs, and others weighing on the banks, and ubw missed on q 1 and sees the continuing sales into the summer, and we will keep an eye on that one. and now, let's head out to the global institutes conference. >> yes, i'm joined by david solomon, the investment banking of goldman saks, and we were looking at the numbers, and european banks and reminiscent of the first quarter to get a tough environment to get anything done in the capital markets. and so are you concerned at all when you see the european banks getting hit like that? >> well no, doubt that there were headwinds across the businesses in the first quarter, but in terms of the banking business, in january and february things ground to the halt, and the capital markets close and very little equity i

you don't get accepted to harvard or stanford and you go to work at procter & gamble and it can you a job aware-- with a title you say is the best title you have ever heard,-- >> guest: director of new pizza development at pizza hut. it was a great job stephen the last 50 minutes we have talked about technology. >> guest: i traveled around the country and eight pizza and they paid me, but the interesting thing-- when i graduated in 1980 that's what i wanted to do. there was not a startup culture. there weren't internet companies had to figure out something to do in the meantime. png in cincinnati was a great experience and i learned a lot. they launched their new products >> host: you have any of those discs? >> guest: i think i do. >> host: do people come up and like watch. >> guest: i think we might have overdone it when i realized we were basically bundling our free trial disk with omaha steaks and that's when i decided we can't too far, but it worked. >> host: you had momentum. >> guest: that came from the png experience i think pizza hut was opposite a png. png is a classic organ

ahmed was a executive with brock or the and gamble, and a portuguese -- procter & gamble, and -- >> the one on the far right in the glasses, and i wanted to let the viewers know that. >> absolutely. no, it is good to get that clarity, and there is also a number of family members on board including three children. so it is a mixed flight, and mo most of the people on board were egyptian internationals and french nationals as well, and what we know is that a number of the families based here in paris have actually already land ed i cairo hopinging to get more information and two flights that left after that, and bringing the family members there. as you can imagine, desperate to get any information they can, don. >> and atika shubert in paris, and thank you for the new information and we appreciate that, and we want to bring in aviation expert miles o'brien, and also our authors of air flight terrorism, and michaelmi terrorism expert. >> it took four days to find the floating vertical stabilizer of air france 447 about eight years ago, and while the mediterranean is a lot smaller space, a

so you so you write this essay out of college, you go to work at procter & gamble, and then you get a job with the title that you say is the best title you've ever heard. >> so i did that for about a year,. >> so what i wanted to do when i graduated is just that, at the time the internet didn't exist yet p&g in cincinnati they sent free samples of shampoo and the idea free suffer aol, do i think we may have overdone it, we're basically bundling our pretrial with omaha steaks. but it worked, so we kept doing it. so we came and parked with the top down organization. so i thought it would be good, size only there for a few years i joined the company that immediately failed, i thought it was going to be a good idea was the next thing i found out it missed its mark, i found out week became cofounders of aol in 1985. even there it took us a decade, one of the stories to me is that it requires perseverance, the idea of what i wanted to do which really inspired me and thankfully he was kind enough to read it in, it took ten or 15 years before the idea became real, you really want to revolutio

real quick, even wells fargo, procter & gamble, j.m. smuckers. he owned mccormack.ormack, the spice company! neil, it can be done! it can be done. we can't be dissuaded by jerks on wall street and bigger jerks in hollywood. >> we should posit, he also had a part-time job at goldman sachs. i never knew that. just kidding. he didn't. but gary, what do you make of that. i know you see the market go up, and you've been pretty bearish, but long-term, a lot of people say, it's the only place to be. i'm wondering in movies like this chase investors away or have them think a bit too jaded ly. >> well, it feels like bernie sanders directed this movie, unfortunately. and the real unfortunate part of this is -- >> jodi foster. >> wall street has created -- >> i know. wall street has created trillions of dollars of wealth, millions of jobs throughout history, spawned companies like amgen and biogen, that help with people's health. but yet, what he has, hollywood hypocrites, railing against it whatever you can. but here's the hypocrisy of it. you know who funds a ton of hollywoo

we've learned some of the profiles of some of the other passengers on board including a worker for procter & gamble living in france with his wife and child. they have now returned to cairo as well as a canadian national who left her three children behind here. also we're learning from egyptair they plan on holding a memorial service for all of the flight crews and the pilot and co-pilot expected to take place monday evening at a mosque here in a cairo suburb. the country very much in mourning opening the newspapers you still see the profiles of all of the passengers, the egyptian passengers as well as the european passengers that were on board. i can tell you it is a heartbreaking profile that we're getting of these passengers. family members have a lot of questions, not all of the answers yet from the egyptian government or officials in cairo. >> as you talk about all of the questions that family and friends may have, there is also the mood, international papers talking about this as well, some fears that egypt could be the object here of jihadist after this catastrophe. has that heighte

got stocks from his dad, these are are blue-collar families that have been passing down stocks in procter & gamble of all places. that saved us so many times. it will continue to save my family. >> host: talk about the disparity between your family and the family of color, this sounding wealth gap. >> guest: the wealth gap in this country is enormous. they grew in the great to recession because the reality it is that african-americans latinos had toxic mortgages were all but destined to not pay it. it was about 10 cents on the dollar in wealth. and wealth, unlike income, it is a huge income. cap. there still a white, male, wage premium in this country that is very real. but wealth is a cushion. it is also an aspiration. it allows it allows you to dream. it allows you to protect yourself or your family when someone loses a job. that's what it does. that is something that time and time again we have excluded african-americans from being able to accumulate wealth in this country. >> host: so how well, looking at your subtitle in this last minute that we have, the new working-class transform

write this essay out of college, you don't get accepted to harvard or stanford, you go to work at procter& gamble and then you get a job with the title you say is the best title you ever heard. >> dir. of new pizza development at pizza hut. it was a great job. i did that for about a year. >> the last 50 minutes we talked about technology. >> for that job i traveled around the country and ate pizza. >> the interesting thing, when i graduated in 1980, i wanted to wanted to do just that. there wasn't a startup culture. there weren't internet companies to go to because the internet didn't exist. i had a figure out what to do in the meantime. i had a great experience in cincinnati. they launch new products and sent new samples of shampoo and discs for aol. >> do you have any of those discs? >> i think i do. i think a lot of people have them. >> i think we may have overdone it when i realized we were basically bundling our free trial discs with frozen omaha steaks. that's when maybe we went a little far. it works. >> that came apart from the experience and the pizza hut was opposite. pizza hut

topline for the core budget but it is only because they have subtracted monday from the they are mostly procter bridge programs that did it come of >> there is say provisions and in their ancient -- requiring them to start the drafted a couple of years. >> evade it for the republican of california who oppose ted was testing the waters a of erotically and ended up becoming adopted by the armed services committee it does not require within to go fight but the defense department has said it with and they compete for any combat jivy to those previously closed off. said the broader extension of that is that they can hold eddied job that they should register for a draft should it occur. >> they want to file an amendment it is almost certain for what amendments are made in order. am not sure how many will be made. >> to talk about the armed services markup the defense authorization bill wrapping up a marathon mark up marking the size of the national security council. that if the national security council is more than 100 people that the national-security adviser is be confirmed by the senate. with the

. >> for many firing up that grill and joining us now is ashley procter with tips and i really need thell. do you grill. >> we grill a lot actually at the fitzgerald house and this beauty would look great on the back porch. but it you know why has this taken off especially in the last couple years. is it all the food networks and shows serve grilling. >> a lot of customers ask about it because they watch the food network a lot and have new innovative things. they feel like during the summertime it's get to cook on the grill instead of in the house. >> it used to be one thing. wow have a gas grill in backyard or khak ol kettle. you walk into home depot now there's and entire sglooil there's a loft options. >> it's amazing. when somebody comes up to y >> you ask them, okay, so who are you doing it for. is it big family or small family or condo unit or back of yard. you know just ask certain questions and what do you like to put on your grill. peppers on your grill. do you like to put certain meats that's how i get to see what they want. for example, this grill here that's different. >> th

and that is a procter & gamble trading a believe 28 times forward earnings, we're pricing to perfectionield proxy. my radar is up. is yours? >> yes. we have been in this low yielding environment for so long. dividend payers is a crowded trade, no doubt. so: joe quinlan, thank you much with your patience. francine, i needed update on egyptair. before that, i want to go to one tweet -- for bait read this him. you can see it nicely on the screen. we have concerned if this is a legitimate tweet. we believe it is. all areo say within reporting this morning, there is not one iota of fact in what mr. trump says about a terrorist attack. francine, do you agree with me from your desk in london? this is absolutely right. we heard from the french president and the french foreign affairs minister, basically saying they do not want to speculate on the cause of the plane's disappearance. they say the airlines as the cause has not been confirmed. a of world leaders say they want to make sure they get their facts right. even though donald trump has better facts on the ground on the ground, here in egyp

the session procter & gamble, kimberly-clark and clorox. not huge gains but gains in the last. better. interesting here because even as we have this expectation the fed will raise rates sooner than the market was pricing and, we have yields going lower and we tend to have utilities trade inversely with yields. take a look at the terminal. at thisooking flattening yield curve we've been talking a lot about recently. on the bottom we have the changing expectations for the june meeting to see if there is an interest rate increase. that the bulk of we saw yesterday. and we have the price to earnings on staples and utilities. they tend to go inversely with these interest rate expectations. they have been rising this year, two of the best-performing groups. scarlet: like you so much. alix: some people are calling this most important chart in the world. a huge surge in well over the past 20 years for people at all different levels of income, except those in the 70's to 80's percentile. the x axis is the percentile of people in the y axis is how much their income has actually increased

and the director of a procter & gamble plant was headed to egypt to visit his sick father.aid to always be smiling. the family of the head flight attendant on 804 says she was just starting a new life. she was a newlywed who got married six or seven months ago, she says. i asked god for the flight to be hijacked instead of what we've been told. we have hope. with debris from the plane now being found, hope overtaken by grief. and now comes the painstaking task of finding the plane, recovering the bodies, doing dna testing and reuniting the families with their loved ones. these families have a long hard road to go. miguel marquez, cnn, new york. >> so, when it comes to the search area, the weather is important. conditions there have cooperated so far, but that could change. we know now in the coming hours. our muir meteorologist derek va is there. >> it's likely to change in the next 24 hours as the cold front sweeps through the region. across the western mediterranean, this area of high pressure is starting to erode away thanks to the approach of the cold front. it's not th

that procter & gamble it was their ideas to create soap operas so they would have an advertising vehicleto the bank but something to think about. >> sponsors had a huge role in those soap operas. and game shows too. >> in today's world what's the equivalent? any case, you have a closing countdown. >> yes i do. >> after after the bell mark zuckerberg is meeting with members of the conservative movement to discuss allegations of suppressing conservative news. watching cnbc first in business worldwide. real is making new friends. amazing is getting this close. real is an animal rescue. amazing is over twenty-seven thousand of them. there is only one place where real and amazing live. seaworld. real. amazing i am benedict arnold, the infamous traitor. and i know a thing or two about trading. so i trade with e*trade, where true traders trade on a trademarked trade platform that has all the... get off the computer traitor! i won't. (cannon sound) mobility is very important to me. that's why i use e*trade mobile. it's on all my mobile devices, so it suits my mobile lifestyle and it keeps my inv

first, how carree tail brands be to walmart and procter & gamble.come right back. >>> welcome back. here's how we finished the dow. the dow was up 175 points. gains of about 1% or more. the nasdaq was the outperformer and the s&p added 20 points. oil, gold, too, still a lot of talk around here. amazon may be gunning for a supermarket sweep. rolling out new private label brands in the coming weeks with products from snack foods and teas to baby products and laundry detergent. they'll hold a share meeting tomorrow. for more let's bring in jonathan feeney. jonathan, look, they tried this with diapers. it didn't go so well. sounds like that didn't stop them here. >> well, food is something everybody bice and it's something everybody needs and they think it's going to be gateway to other products. they're not the first ones to give it a try. they've gotten a lot of things right, so we'll see. >> it seems like the consumers are more comfortable with private label and maybe that's a trader joe's effect. >> i think consumers are getting a little more savvy

it was a global business buy a german company bea procter & gamble in the bid. china was the big potential market for this. a buyer could bid -- and assume it was only the chinese rate. p & g had to bid assuming it would pay the u.s. rate. so the assets, it's startups. it's what i call creeping acquisitions slow loss of market share by u.s. firms. charlie kingson, some of you may know him. he's a great new york tax lawyer years ago said the biggest mistake we made is when the u.s. had all the capital in the world and all the headquarters in the world and we should have dropped our corporate tax rate to 20%, adopted a territorial system and not let these other places nibble us to death. and we would have had a higher tax base today, more headquarters, more investment. you really in a global economy can't keep mobile capital in a place taxed at a high level when other countries aren't taxing. maybe when it was bermuda or the bahamas or barbados you could but not when it's the uk. not when it's developed countries. you just can't do it. source meaning where the inc

that's not procter & gamble. that's campbell's super. that's hormel and pepsico. that's coca-cola.t of these large consumer staples. >> dinty moore? you're going to say it. >> too bad for me. >> hormel is the worst performing stock and they make dinty moore. when we sat down i said dinty less. >> let's make some beef stew. >> there's coke, the 26th best performer of the day. >> what's interesting about this though, just an anecdotal casual observation about the consumer staple stocks. we heard an activist investor tryan funds are gotten out of an activist target they were in which was pepsico. now, this is a victory situation. made a lot of money on pepsico and pepsico has made adjustments to their business and what not in line with what tryan would like to see and everybody takes a victory lap and some traders said that this maybe is a sign that there are better opportunities elsewhere in the market besides consumer staples, so you take a look at some of the big food names like a campbell's soup. on this particular day it's selling offer more precipitously than horse in the mark.

again, big names like coke coal yashgs procter & gamble moving to the down side.fact, overall today, consumer staples, the worst performing sector on this down move. back to you. >> so they don't want to comment on specific shareholders. i imagine they're taking a victory lap behind closed door, right? >> you can imagine that for right now, when an activist investor come calling and then later on says they got all the stuff done and getting out of a position, can you pretty much maybe make an assumption, perhaps, that those guys have taken a victory lap. again, you're also talking about a company that possibly made a lot of money. we don't know the exact cost basis. they did get in at lower levels. and pepsi co had a nice run over the course of the last few years. so maybe they are taking that capital and then saying that they're done and we'll see what they go from here. >> this is great time. we've seen headline after headline about all these hedge funds having very difficult years. it's been very difficult year or so for investors in general, particularly for t

take a company like procter & gamble.last five years, the stock up is 50% yet the earnings are down 10% over time. it is more expensive than google. if all google wanted to do was pay a 3% dividend, they could do that within their free cash flow today without touching their cash forward of $80 billion. so i just think there is more opportunity and more cyclically growing companies right now. >> mary, what did you think? >> i think he's right. that's where we exited all the utility positions recently. we took profits in the kraft-hines position. we only oenld it several weeks. it's been outperforming the market. so we're looking for other places and we think that april sl a blue chip value type of name at ten times forward earnings. maybe 10% growth. it's not for the growthy type of investor anymore. and we also see value in pfizer and robert hath international. >> so it's not that you got to pick the right stocks within the mega caps, in other words. >> absolutely. and, you know, in the case of pfizer, they have a very st

another passenger was an employee at procter & gamble in france.u see him here on the right in glasses. just last month. the company says he was on a personal trip. >> 56 passengers on board, 53 were adults with one child and two infants the and of the crew members, five were cabin crew, two were cockpit crew and three w were security. among those gathering are family members of a flight attendant. >> translator: pray for her, please, pray for them of the she is still a bride. she got married six, seven months ago. we are confused. we don't know the truth. some say it fell in the sea. some say it is in the air. some say it didn't fall. some say the black box is communicating signals. but where is the truth? it's with god. we don't know anything. >> an agonizing time for these families. >> and we have to keep reminding everybody, this is still early, you know, when you compare to mh 370 which has dragged on for years. this is just the second day. the search will go on. they will eventually find the debris, maybe days or weeks and the investigation w

os is saying it will not be procter & gamble making this proposition.fer $23 billion next week to buy the company. unconfirmed reports. this seems to be relatively speculative yet church and dwight is reacting. benckiserk at reckitt -- jon: call the whole thing. we will be there all day. let's check out a commodity market. oil down from a seven-month high after the fed meeting minute shows policy makers could raise , causingrate in june the dollar to surge. .oining us now, doug ramsey looking at the equity market, incredibly resilient. i wonder what did happen in the next couple of weeks if those federal reserve rate height expectation start to build, if this dollar continues to firm up , what it means for a few the sectors in the equity market. doug: within the commodity arena i'm more concerned about basic materials. nonenergy commodities. it's really from i a supply perspective. rig counts are down in the u.s. and globally so much cap spending is trenched tremendously. you're seeing a lot of bankruptcies. a lot more of a cup our sister gone on in the

analysts are saying that a procter & gamble bid is unlikely here. come back down to some degree. by the way, all of the companies named in the story have not responded to requests for comment. we are still watching the church & dwight shares. thank you so much. let's find out what is going on in the rest of the world with shery ahn. is on tow it california. it was a split decision for hillary clinton and bernie sanders last night. bernie sanders won the primary in oregon while clinton claimed victory in kentucky. the results don't change the dynamics of the race. bernie sanders is running out of chances to stop hillary clinton. next primaries are california, new jersey and four other states. israel and egypt are close to resolving a dispute over natural gas. may settle for half of the $1.7 billion fine that egypt was ordered to pay. egypt was fine for violating a natural gas supply contract with israel. wildfires in canada are threatening oil operations. sitesave evacuated three they were restarting in northern alberta. canada has lasted one million

>> the fact the secretary of the va, procter & gamble, a private sector monster would fall into thisc and screw this ... it's disgusting. you have been comparing this to an entertainment center. i have friends who were on the waiting list. i have fathers of france to the died waiting for this to it's disgusting. maria: knowing that people have died waiting for me to compare it to disneyland. >> these waiting lists a perpetual thing. at least the tsa hires someone over it. these waiting this dollar for the bureaucratic system. time to start getting things in opera. >> i think the tsa got fired because it was disclosed he got a $90,000 bonus. i don't believe for a second it would've been fired if they hadn't been embarrassed at that point. i don't understand how you even come up with this analogy, people choose to go to disney. these are people who served this country. >> people don't like waiting on those lines. >> you can pay extra to get out of the lines. maria: people are sick and dying. >> have you dealt with the va? what is been your experience? >> is a veteran backup my initial

coca cola trading at 21 times earnings and procter & gamble. those multiples could grind higher.ers, that's what worries them the most is that you have a narrow market where the multiples of relatively slow growth -- >> because there is no place else to put the money. >> in some ways the stocks look like proxies for sovereign debt. johnson & johnson or coca cola looks more like a risk-free asset than, you know, debt -- >> what if you want a stock that will materially go up, though? on its own. >> the problem -- >> what else is out there. >> you have to take a lot more risk, and i think this is a little bit what the fed for monetary policy has wrought, that you have to push people further and further into riskier assets to get high growth and high returns. which means you have to go into things that might not have earnings or a very high-risk investments. we have a piece out this morning on the high-yield market which we think is pretty close to fairly valued if not somewhat close to over-valued. it's harder now. i don't think there is a lot of obvious answers to the question. >>

wait times, he used to run procter & gamble.on. >> but here's the thing, people don't die waiting online for space mountain or magic mountain. and the other thing too is the v.a.'s own inspector general, they found the records that were stalled in the system, in the v.a. system, 307,000 of them were people, vets who had died waiting for treatment. 307,000. >> he compares it to disneyland. stuart: so mr. mcdonald is a success in private enterprise, but running a government enterprise is something totally -- [inaudible conversations] last word. >> shouldn't that be a warning about mr. trump? business skills do not necessarily transfer -- [laughter] >> warning about bernie sanders' single-payer -- that's what the v.a. is. stuart: it's an interesting question about trump though. that's a fair point to make. [laughter] all right, judy, you're the author of the book, "the story. >> i am. stuart: good book. >> thank you very much. stuart: let's get to the election. doesn't take us very long. hillary clinton going after donald trump on