gamble was retired from procter & gamble so yet the leisure to do that. they purchased the property in 1907. around that time being gauged greene and greene as their architects. charles and henry greene were brothers. they were born in 1868 and 1869 in st. louis. they had done their architectural training in boston at m.i.t. the architectural program at the time they gave you a choice of a two-year program or for your program.- or four year they had a good deal of training at the high school level. they went directly to architecture school for those two years. when i got out they interned toh firms in the boston area get the experience they needed to actually become architects. they were exposed to a lot of the single-style architecture popular around boston at the time. greatere exposed to the houses of the east coast that were being built in the late 19th century, and brought that aesthetic and a lot of that sensibility to pasadena. the craftsman movement we are talking about the relationship between people who make things, the things they make, and who

that's when procter was killed. the suspected shooter will remain free while police continue the investigation. >>> and we now know more about a amdeadly crash involving aak train in prince george's county. two people were trespassing on the trac just before 10:00 on monday night. one of them was hit and killed. t.e other person was not h according to the federal railroad administration the number of accidents in our area is declining. in 2018, a total of 15 people were hit by trains in maryland, that's down from 20 in 2017. that year seven of the pedestrian accidents were in ince george's county. last year only four were reported in the county. >>> today new england's patriots owner, robert kraft,ill attend the annual nfl meetings in phoenix, arizona. this is following his arrest for prostitution at a spa in florida. the 77-year-old requested a jury trial. key have avoided that if he admitted prosecutors had enough evidence to convichim. he turned that deal down. roger goodell says the league wi wait to hear all th

some wealthy parents bribed procters to take the tests for their students. >>> a free program to helpith debris removal is now coming to an end. as tom baker reports residents only have until this weekend until the county imposes fines. >> along the lower russian river you will see dozens upon dozens of piling as of debris. these piles can attract vermin, and be gone through by scavengers, some people have been illegally piling junk on and near the flood debris piles to take advantage of the free pick up. >> it is not uncommon following a major disaster for illegal dumping. we address that and are stepping up patrols. >> it's probably true some of the debris has been dumped illegally, most of the debris is here because county officials and contractors misjudged how much stuff there was to clean up. >> everyone was surprised how much damage there really was. it destroyed so many businesss. >> she just finished cleaning out her home that flooded to the second floor and will just make the final deadline. >> it was unrealistic. it takes a lot to clean it up. >> come saturday morning it co

guess what procter & gamble did? it went to 100 and pulled back so in view of the fact that i think the market has continued to be vulnerable at 100, i'm a seller of p & g. >> do you take the other side, grasso >> yeah, i'd be a buyer. i'd trade it if rates are going to increase the way we think they're going to increase, the yield is pretty attractive i think it's a safety bet. i think if the market rolls here, this one goes sideways or outperforms on a relative basis, i would be a trade it. >> i'm going fade it 100, big rounding number i think b.k. has it here it has risk down to 90 i think the big story here is discretionary is better than staples. why do i want to own a stock at resistance in a group that's not working. that's a problem for us. >> guess what, i'm going fade it as well. after a 40% move in a stock that to me has had a little activism in it, you've had a little dynamic people thought they were going spen oin out a couple new brands again, look at what's going on with food producers. it's hard to se

procter & gamble doing well. at any given time, there are stocks that are working. the s&p may not be working, but you're seeing terrific action in companies that yield 3% or more that have safe dividend. i know it is boring, you're not going to see banks do well until they get lower they're the ones that do the worst, but it is not the end of the world. >> josh, mike wilson out with more commentary, remained defensively positioned he said he nailed the pull back, bear market remained defensive, overweights in utilities and staples. und somewhat reiterated by jeffrey gunned lock that said that wasn't reassuring, that move by the fed. so where are we? >> to jim's point, there was panic on friday. and i kind of went the other way. i love to agree with mike. what i would like to say we go through this every single year, called residual seasonality. you can google that term first quarter, there was always disappointment some years we have that because of major northeastern snowstorms, other years because of the falling price of oil, and it happens every year, and we for

some of the money went to pay for procters who sat with kids during the test. a large chunk was paid to get a daughter into georgetown and placement on the tennis team even though she didn't play tennis in high school. this man is on indefinite leave from tpg in san francisco. he agreed to pay $250,000 for placement test corrections and to get his son into usc. included creating a fake profile of the son as a football kicker, even though his high school didn't even have a football team. the feds wiretapped his conversation about the scam. he has been released after posting half a million dollars bond. we have details on these bay area parents accused, including how much the department of justice says each paid to get their kids into college. you can check it out on our website, nbcbayarea.com. our unit put together this graphic. click on each name to find out who they are and what exactly they are accused of doing. >>> paul manafort faces new charges tonight. new york unsealing an indictment charging him with 16 felonies, including mortgage fraud and conspiracy

that's when procter waskilled. the suspected shooter will remain free while police continued the investigation. >>> and we now know more about a deadly crash involving an amtrak train in prince george's county. two people were trespassing on the tracks just before 10:00 on monday night. one of them was hit and killed. the other person was not hurt. according to the federal railroad administration the number of accidents in our area is indeclining. 2018, a total of 15 people m re hit by trains in maryland, that's down f in 2017. that year seven of the pedestrian accidentser in prince george's county. >>> today new england'satriots owner, robert krlft, w attend the annual nfl meetings in florida. this is following his arrest for prostitution at a spa i flori the 77-year-old requested a jury trial. key have avoided that if he admitted prosecutors had enough evidence to convict him. he turned that deal down. roger goodell says the league will wait to hear all the facts in the case before ruling on a punishment for kraf

certainly versus tilray and kronus, so nelson, who is a consumer package goods aficionado, procter &ble, heinz, he's getting good investment here. aurora is up 60% for the year. tilray almost flat kronus up 105. that's because of the altria investment and canopy up >> when do investors start differentiating in a real way between the winners and the -- deciding who the winners and losers will be >> right now i think everyone -- now we have solid investors in each one. we can't have as many companies of people that are -- there is a finite market in the sense that it is not growing yet of great scale. if you went to can us abonabis canopy is the winner in canada >> that market is nothing compared to -- >> aurora has grand ambitions worldwide. look at that last conference call, they're talking about not just north america, talking about going overseas the conference call is very good it has all the appearances of being, you know, they talk about all different kinds of hemp. cbd, because of the farm bill, is legal so it is a very fractured market and everybody -- it is a land grab i thin

i'm about to go on my first flight with pilot stuart procter. i'm a nervous passenger.secure. gliders don't have engines. we're being towed up and will stay up by seeking out rising air currents known as waves or thermals. 0bviously being a glider, we're using the energy so we can't just climb and descend. we have to go where the energy takes us, really. so there's different routes that you take and a lot of them are dependent on thermals coming up from the ground? that's right. that's right, and we can't predict what the day is going to be like. we can't predict what direction it's going to be in. and that's a potential problem. not far from the club's base is exeter airport. with 900,000 passengers coming and going, it can get pretty busy up here. as things stand, we could fly right across the final approach routes for passenger aircraft preparing to land. if they didn't know who i was, they would have to route the airliner out of the way of us. the club has an agreement to call in to the airport and get the all—clear first, but not all recreational aircraft do, and t

it includes college administrators, 12 college coaches and those involved in proctering and financing false tests. some of the parents are scheduled to be in court later this week. in hollywood support for lori loughlin now the "fuller house" co-star candice cameron better aspoke at the kids choice awards over the weekend. >> where there is a lot of heart there is a lot of love. a loving family sticks together through the hard times. they support each other. they encourage one another. they pray for each other. they stand by their side no matter how tough it gets. >> laughlin and felicity hoffman, who was also listed in the indictment, have been keeping a low profile ever since the scandal broke. now, both are scheduled to appear in federal court on april 3rd. >>> taking a look at the markets r right now, dow jones industrial is down about 73 points right now. t earlier the markets were down 150. >>> today rideshare drivers demanding their fair share are planning a protest and strike across california. they say drivers are paid 25% in some places. uber reportedly says this is the unin

government to step up and do more to protect more of its forests we are calling on companies like procter and gamble on big brands like sharman to do better to use more recycled fiber apparently sharman has zero recycled fiber in it. and to the response about the about the worse trees that are used in the paper on a global scale what we need to be doing is protecting as many force as we can keeping forest standing not you know logging for our seizing the materials once in them but in the land cells or washing them down the toilet. seat and this is a criticism i forget is that it rigged a hostile audience against american politician but he sounded as. troubling us all the stupid american university how can a voter like me feel confident in your ability to represent the party especially given that your response to sexual harassment allegations during your campaign is that you were quote a little bit busy running around the country trying to make the case to be a leftist president. good evening there's a lot of misinformation regarding your plan for universal health care would you please pro

government the step up and do more to protect more of its forests we are calling on companies like procter and gamble on big brands like sharman to do better to use more recycled fiber apparently sharman has zero recycled fiber in it and then to the response about the about the worse trees that are used in the paper on a global scale what we need to be doing is protecting as many for us as we can keeping forests standing not you know logging for seizing the materials once and them putting them on land cells or flushing them down the toilet. most noise of the main will be used as a shaping of some fathers from the lunchtime international always full of more stories of course on our main site so much more than the time to bring a year but check it out today my name is kevin i havea friday prime's out of a good one. country's gone into a nihilistic fever. hit the road and get out the traveling across america to find what makes america the charlotte the jesus is the quintessential american hero this is it we've come a point on which element is done so we always are on the current system. cultu

government to step up and do more to protect more of its forests we are calling on companies like procter and gamble on big brands like sharman to do better to use more recycled fiber that currently sharman as zero recycled fiber in it. and to the response about the worst trees that are used in the paper on a global scale what we need to be doing is protecting its many forces we can't keep in forests and being not you know walking for us using the materials once i'm in the muslim cells or washing them on the toilet. well no that's the way some of them i will do so as a shaping up as a report of month internationalists friday with me kevin i would always more doubts all of breaking news stories of course if you go to a strange mobile device she'll always be on top of the news from us for another for me but if you do have a great day this friday. after the previous stage of my career was over everyone wondered what i was going to do next the ball different clubs on one hand it is logical to go from fields where everything is familiar on the other i wanted a new challenge and the fresh persp

the star of "desperate housewives" allegedly paid $15,000 to consulant singer to bribe a procter whod secretly change her daughter's test answers. colleges and companies are distancing themselves from employees accused of either paying bribes or taking them. on wednesday, the university of texas fired its men's tennis coach. a major silicon valley hedge fund replaced its leader. same with an international law firm based in new york. prosecutors say the scheme's mastermind worked with dozens of parents to gain the system. >> hi, my name is rick singer and i'm the founder of the key. >> reporter: a video obtained by tmz shows singer in 2010 pitching himself as the star of his own reality show centered around the stresses of college admissions. >> mom and dad go to a dinner party and they hear about every kid who is getting into this school, going to this summer program, doing, this, doing that. sunday morning, my phone rings off the hook. why? how come we're not doing this? after all this chaos, the payoff for me is knowing that these kids found the right place to go to school and they

different press stories the concern about therefore stand by us and we are calling on companies like procter and gamble on big brands like sherman to do better to use more recycled fiber apparently sharman has zero recycled fiber in it and and the response about the about the worst trees that are used in the paper and so given that we found that that is primary forests are being used for things like as high as thirty percent of the inputs into a whole trees we're trying to get the word out there that the companies you better . come pay they say that the excessive use of tissue productivity damages not only nature and the global climate but lives of indigenous people as well but taking away the environment they live in so some other again believes that people have to be smart about the products they use. what we need to be doing is protecting as many for us as we can keep in forests and being not you know logging for seizing the materials once i'm in the muslim cells or washing them down the toilet and so we just have to get better and better looking at how we we can reduce or it's global in

like it's poised to go lower would be gigantic, causes analysts to raise numbers for everything from procter & gamble, apple and alphabet dollar has climbed steadily, purges american companies in the face and kicks them when dead. makes exports more expensive and overseas, foreign earnings translate into far fewer greenbacks because of the exchange rate. benefits for strong currency too but mixed blessing vacation to europe, money goes further, nice suit like this in milan, it's buy one, get one over there but perspective of the economy, more harm than good, index fund that mirrors the s&p, earnings boost from favorable exchange rate and stock market gets one more reason to rally bulls want a weaker dollar question is will we? most expect it to trend ever higher while allies, even the chinese, everyone is struggling. carly garner is a brilliant technician, author, better of sense of what is going on, she believes the dollar -- gutsy call, but right on many things, thinks is headed lower flabbergasted when i read this this chart of the s&p 500 and the index. garner points out immediate relati

a viewer wants know if there's more upside for procter & gamble the desk will tell you next. ueios your qstns we're back in two minutes. plap when you look at the critical issues facing our world, what do you see? we see a billion more people breathing free. we see access to fresh food being the global norm, not the exception. we see homes staying cooler, without the planet getting warmer. at emerson, when issues become inspiration, focusing core strengths to create a bett world isn't just a result, it's a responsibility. emerson. consider it solved. plap. >>> stephanie for you, first nathan in illinois is there much up side for p and g which you own? >> i have been trimming it i know it's up 8% this year but it's up 40% from the lows over the last two years great management company they're doing a lot of good things in terms of diversification, new product, cost cutting, all that i just have a hard time putting new money to work. i'd much rather buy it >> we'll call it -- it's sitting at an all time high. it's been a great stock. it's really rich here. >> good stuff. miles i

exam administrators, one exam procter, one college administrator, nine coaches at elite schools, and 33 parents who paid enormous sums to guarantee their children's admission to certain schools through the use of bribes and fake academic and athletic credentials. >> among the wealthy parents facing charges, academy award nominee felicity huffman, who was arrested, and "full house" star lori loughlin. jen, you were at the news conference. prosecutors named the defendant, william rick singer, that he was at the center of this whole thing. prosecutors are calling him cooperating witness number one. hit me. how did this happen? >> it's a detailed case. i'm going to break did down. singer, we should note, he has pled guilty to four counts. he could face up to 65 years in prison for this elaborate scheme that he allegedly -- that he pled guilty to operating over eight years, receiving $25 million from parents across the country to help them get their kids into elite colleges. there were two ways that this scheme was operated according to the criminal complaint. one way was singer would hel

this was built by charles and henry greene for the gamble family of procter & gamble. >> their people that come here because someone dragged them here while they were visiting pasadena and come away astounded. there are people that come here from around the world and around the country

so we have talked about the other trend which is, you know, when procter & gamble, for example, put amazing numbers with beauty. why are they unloading the business look at the brands revlon, bed head. >> brute cologne. >> not your favorite brand >> stuck in the '60s these brands are still around? >> i think two things are happening. we have talked about the trend of higher end beauty products and people spend more and more money on that. myself included. you get an experience. that's different from the kind of experience at the drugstore buying these another thing pointed out in the articles is people care about what's in their products and the natural beauty products are more and more popular and make sense of why they want to do this. >> the housewares portfolio was -- >> i want to know if you have pert sold off and other companies. coti, cover girl and -- but who is going in and buying the company that makes pert? i mean, where's the buyer for all of these - >> $300 million. >> take it right? >> housewares business, i was going to say, has more -- what i think is upscale brands. oxo. pu

exchange to buy 20 million shares at least to start when i caught up with nelson on the board of procter & gamble and used to be on the board of heinz itself and the monster shareholder is no longer a board member, let me just say each said cannabis is the next frontier and i agree it could be used for snacking, drirngin drir drinking, medicine you name it it can disrupt up to 500 business in commerce from analgesics and tobacco and think, coal. the device companies know this it's taken a big position in cronos and it's a solid, well-run marijuana company in exchange for a $1.8 million investment corona modelo, and the world's largest cannabis company in the world. anything that can be eaten or drunk and it is a nice huedge they already know how to get you intoxicated. the tobacco companies are obvious players and selling a weed may be a step up from selling cigarettes, yeah, even for jewel. watermelon jewel hey, yeah. let's have some in high school during the break that's why i think kraft heinz needs to work quickly. they sell maxwell house, bravestone and cottage cheese. that would pr

. >> nobody ever got hurt buying kimberly-clark i do prefer procter more than kimberly but would not here but think world costs are going down rosvan >> caller: hey, doing well i had a question about alby -- alibaba. >> i recommend it because it's got incredible growth. does have a lot of characteristics of amazon. mark in dell care. ma . >> caller: i watch your show every night. chesapeake energy. chk. >> you know what we've got natural gas can't get its way out and i got to tell you, i think the stories just outworking a little bit of a spec i would not buy it kip in california. >> caller: calling from san diego. hey, listen, quick question for you, man, i always wanted to get into chipotle but the sky high valuations are scaring me. >> is it really that sky high if they're able to be able to bring it to overseas the way we think they are if they do everything right is it that high given it's brought a lot of stocks lower thanks to jack hartung i think it's okay. remember, it's been more than 18 months as we were able to put behind us what happened at chipotle i would wait for a pu

they start covering apple like procter & gamble or colgate which i think is the right way to evaluate it, of course, they're low tech and this is high tech. apple wasn't the only thing that controlled today's narrative it was more fluff and the inverted yield curve and the ten-year u.s. treasury drifted lower and i don't think we'll have a recession and i say that as someone who was sounding the alarm during the economy's fourth quarter when he was hitting us with three rate hikes this year and ill-advised. we saw more selling today as money managers are raising cash to prepare with the onslaught of ipos and they don't get enough new money without bringing something else and they're dumping high-flying stocks and i service work day in order to get the likes of lift and uber and i know that trade negotiations are more important than ever and it seems like there is a real deal on the horizon and even after we've come to some type of agreement and that's a tough sell for china and plus this brexit thing will freak people out with good reason remember the federal express interview last we

but colgate, procter & gamble, coke, pepsi, you name it, that's defensive. that's also really expensive here. >>> still ahead, check out shares of boeing the stock getting slammed after a 737 max 8 maumgds odel is invi a second deadly crash. >>> plus look at this mystery chart. shares are up 80%. we'll tell you what is shredding those shorts. >>> and shares of harvest surging after a deal that makes it one of the largest multistate operators in the u.s the ceo will be here to explain why this could be the beginning of a buyout frenzy much more "fast money" right after this at&t provides edge-to-edge intelligence, covering virtually every part of your healthcare business. so that if she has a heart problem & the staff needs to know, they will & they'll drop everything can you take a look at her vitals? & share the data with other specialists yeah, i'm looking at them now. & they'll drop everything hey. & take care of this baby yeah, that procedure seems right. & that one too. at&t provides edge to edge intelligence. it can do so much for your business, the li

also includes high dividend payers like verizon, pfizer, exxonmobil as well, johnson & johnson and procter & gamble back to you, melissa. >> all right, bob, thank you >>> well, it sounds like a perfect time to play a game because we haven't played a game since like yesterday yield hunting. here's how the game works. we'll use a name like exxon up this year. if you're buying that name, you'll see that, meaning you're hunting for the stock. you like it. if you'd rather let it fly away, meaning you do not like the stock, you'll see that duck, that red duck taking off. >> in guy's defense, it's really confusing. >> it couldn't be clearer. the crosshairs and the flying duck. >> tim, you kick it off, exxon. >> i'm going to -- i'm going to hunt it. whatever the green one is. i'm going to put it in my scope and do whatever. anyway, i love the bird but the reason i'm going to continue to be bullish on this stock is because i think the energy sector will continue to outperform the whole issue with exxon to me is relative to their peers in the integrated space, i don't think it's that interesting. if

this is what procter and gamble say.ducts for women should only be different if the product is different. if the products are the same the prices should be around the same. it is also crucial to highlight that shelf prices in store are always set at the full discretion of the retailer. so they are saying there are differences not just in so they are saying there are differences notjust in the name. iam differences notjust in the name. i am probably not the only woman who has gone into the shower and used my husband's racer. there is no difference. it is marketing. it sta rts difference. it is marketing. it starts very young. we get sucked in. we think we have to pay more for things. no, we don't. we have to clamp—down. i am going to be talking to the companies, pointing out, if you come from a family with three daughters and a mother all buying toiletries, all paying 20% more than a man, that is a sizeable impact on a man, that is a sizeable impact on a household budget. is there anyjustification for this? you have worke

american craftsman style home was based by pasadena architect charles green for the gamble family of procter gamble. >> there are people who come here just because someone dragged them here why they were visiting pasadena and who come away as tounded at what they've seen. there are people who come here from around the world and the country who say i've always wanted to see the gamble house. here i am. there's my chance. there are people who live in similar houses who feel an affinity of their gamble house because it reminds them of sort of the -- more artistic and grown-up version of what their house was aspiring to be. so we really get all kinds of people who have different lelves and different times of interest in the house. the craftsman movement was something that drew people who had more of a bohemian instinct to them. it's really a lot of concern for materials and the natural qualities of materials, what the origins of their materials are. the landscape surrounding the house, there's a lots of use from the boulders that have washed down from the hills. so it's that idea that things are

charlese was built by and henry greene for the gamble family of procter & gamble. >> there are peopleho come here just because someone dragged them here while visiting pasadena and are astounded by what they have seen. there are people who come here from around the world and around the country and say i have always wanted to see the gamble house and here i am, this is my chance. then there are people who live in similar houses around southern california who feel an affinity for the gamble house because it reminds them of the more artistic and grown-up version of what their house was inspiring to be. the craftsman movement was something that drew people who had a more bohemian instinct to them. materialsoncern for and the natural qualities of materials, with the origins of those materials are. there is a lot of landscape surrounding the house, a lot of stones and granite boulders which have washed down naturally from the hills. it is that idea that things have washed down and are being used and picked for their particular qualities to be included in the landscape of this house. the gar

of the generous support goodwin procter and other firms for their support tonight. and the support of the german ministry of justice and the german federal bar. thank you. [applause] grateful for the assistance of the leo beck institute of new york and the , andois holocaust museum the education center for putting together this program. please stay and view the exhibit and consider purchasing a copy of the book which is on sale in the lobby. bill for thenk tireless effort on behalf of this project. he is often the person least likely to want to take credit, but we do oh him a debt of gratitude. [applause] leave, i have one final thing. i want to thank everybody tonight and thank you all for coming. we know that there is a roadmap to undermine the rule of law. we have viewed a portion of the not see playbook tonight. view some of the disturbing things that are happening here and around the world. we asct of the matter is lawyers, as citizens, we must speak out. when there are attacks on the judiciary. when there are forces at work that seek to undermine the rule we m

i mean, procter & gamble made six times profits than their global average in pakistan.epsico and coke doubled and tripled their investments while, you know, this all happened during the last 10 years. >> sure. ambassador: so, you know, the businesses have their own sense and appreciation of a country and its potential, but then that conversation doesn't get reported in "the new york times." that conversation doesn't get reported in the "washington post." so therefore, it is not part of, perhaps, yusuf's focus, also, but the thing is that nuclear, yes, i mean, that has been part of our bilateral conversations for as long as this issue has been in the village. >> i think that's a fair point and one of the critiques i have in the conversations here is that, yes, it is not as broad as it should be because there are other things that are happening in pakistan, but since afghanistan, you mentioned afghanistan as sort of the issue that's holding things back. there seems to be positive news out of afghanistan and for the past two months, three months, some of the narratives hav

i mean, procter & gamble made six times profits than their global average in pakistan. coke doubled and tripled their investments while, you know, this all happened during the last ten years. >> sure. >> so, you know, the businesses have their own sense and appreciation of a country and its potential, but then that conversation doesn't get reported in "the new york times." that conversation doesn't get reported in the "washington post." so, therefore, it is not part of, perhaps, yusuf's focus, also, but the thing is that nuclear, yes, i mean, that has been part of our bilateral conversations for as long as this issue has been in the village. >> i think that's a fair point and one of the critiques i have in the conversations here is that, yes, it is not as broad as it should be because there are other things that are happening in pakistan, but since afghanistan, you mentioned afghanistan as sort of the issue that's holding things back. there seems to be positive news out of afghanistan and for the past two month the, three months, some of the narratives have changed on u

hollywood star felicity huffman, is out on bail after investigators say she paid0 $15,00 to have a procterdesperate housewives" paying a bribe to get her ks into school. investigators say life imitating >> a generous donation will ensure our kids beat them out. >> how generous? 15,000 >> reporter: this morning the real life suspects may be hollywood stars. the wealthy and the privileged. investigators say the victims are the childre who lost spots at the universities they deserved to attend. >> joe, back to th lawsuit, how many people cpld end being involved? >> craig, if the courts agree to certify its a class-action suit as lawyers are asking, more than one million students could possibly join it.ni stanfordrsity says the lawsuit is filed without merit. investigors say none of the universities played a role in this scheme. back to you guys. >> all right. joe fryer in los angeles. thank you. we have not heard the loast of that story. >>> rarely do i hear the wornd beerour forecast in the same sentence. what is happening? >> okay. for example, we know st. patrick's day is coming up. what d

the fact that he has been on the board for procter & gamble is creating optimism.id: all of those companies are north of the border. if you are in the packaged goods business, you have to come to the united states. the chances of the united states opening up? >> the chances have maybe gone down a little bit. especially now that the fda commissioner has announced he is resigning. his departure may derail the effort to -- it may derail the effort. you saw pot stocks wadley dropping on that news. aurora was one of them. david: thank you for being with us. -- hassident has printed predict he is going to be sued. this is bloomberg. ♪ this isn't just any moving day. 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 appointments in a two-hour window so you're up and running in no time. show me decorating shows. this is staying connected with xfinity to make moving... simple. easy. awesome. stay connected while you move with the best wifi experience and two-hour ap

procter & gamble, yum brands. >> some of the tech names like apple and facebook continued buying of thosesession yesterday it's been so important for the bull market. there goes the bell. down 0.4% or 100 points on the dow. boeing a big factor. s&p up 0.3%. nasdaq a little further ahead of that that does it for the first hour of the "closing bell." contessa, back to you. >> thank you, wilfred. and welcome to "closing bell." i'm contessa brewer. wilfred frost rejoins me with mike santoli here's how we finish the day on wall street. right now the dow jones industrials off by .3% s&p up a .3% the nasdaq up nearly half a percentage point and the russell 2000 just barely in the green hanging in there here are the stories on the radar. boeing under great pressure as airlines and countries suspend operations of the 737 max 8. the nasdaq outperforming second straight day global debt up 50% over the past decade and the results of a key brexit vote last hour. we'll get to all of those stories but first joining us is barbara durand but first, let's start with you, mike how do you read sort of what's

what's going on right now is, you know, some of the other stocks i didn't mention is chipotle and procter2-week highs or all-time highs and what i think is really going on is people are a little bit hesitant to say, okay, i deaf niin itly want to own this stock right now. >> jj, great to see you. >> always a having me. >> controversy, that's one way to describe the lift welcome back that's one way to describe the lyft ipo which has lit a debate and on "cross money," don't fear the selloff. just keep buying stocks. he will explain. we're back in a couple at&t provides edge-to-edge intelligence, covering virtually every part of your finance business. and so if someone tries to breach your firewall in london & you start to panic... don't. because your cto says we've got allies on the outside... ...& security algorithms on the inside... ...& that way you can focus on expanding into eastern europe... ...& that makes the branch managers happy & yes, that's the branch managers happy. at&t provides edge-to-edge intelligence. it can do so much for your business, the list goes on and on. that's the

. >> how much does acquiring a big client like procter & gamble in any given quarter buoy the overallhat we power the majority of the s&p 500's programatic transactions, there's no one company that moves the needle in any big or small way. of course p & g is much bigger in their advertising spend than really anybody else. but when you add that to the whole, it's a very big head. >> you mentioned connected tv. it's an area that's growing very fast what did you make of apple's announcement yesterday and the balance between the streaming services of who has ads and who has just subscriptions >> yeah. so apple's announcement doesn't surprise me at all it's the byproduct of basically our entire industry marching toward a trillion dollars. advertising will be a trillion dollar industry in less than ten years. whether you're amazon or apple, you have to be looking at trillion dollar industries and getting in ads is easier than drilling for oil but there's a huge opportunity in connected tv because the average consumer was on netflix, they were on amazon, and now the subscription models are l

procter & gamble. >> a fresh low down 455 points. down 1.8% on the dow russell down 3.6%.. a bad end to the week this friday s&p down just less than 1% for the week sara, back to you. ♪ >>> closing just at session lows i'm sa ra eisen. wilfred frost will rejoin me in a moment along with mike santoli, cnbc senior markets commentator. worst day for stocks since january 3rd. santoli reminding me, the day apple warned on the earnings because of china s&p 500 losing 1.9%, almost 2% decline for the major average. only group to close higher is utilities. materials, financials, shellacked energy, too. technology hit hard. the nasdaq closing down 2.5% russell index 2000 underperforming all day long closing lower 3.6% wiping out the gains for the week as wilfred said. nothing drastic. we were higher going into today. decline for the s&p on the week. coming up, famed tech investor dan niles tells us whether he's buying on the dip or worrying about the market, particularly technology joining us today is jim lacamp from ubs nice to see you. welcome. >> good to see you. >> so, mike, you

preparation, you know, again and again and again you go to the tutor if you could just go to the procter, i mean, that would certainly cut out a lot of the steps if you didn't actually need the answers to come from your child >> it's kind of amading we talked about that for so long, but the u.k. is holding another major brexit vote today after a parliament overwhelmingly shot down theresa may's last ditch proposal for an exit plan. lawmakers are going to decide if they want to leave the european union 16 days from now without a deal steve sedgewick has more i don't know how you handicap it, steve. is a no deal brexit nor likely now or less likely >> the parliamentarians are saying it's so complicated nothing is simple. parliamentarians will try and say we don't want a no deal brexit they think that's going to be their default position after the prime minister had said yesterday on her meaningful vote on her investigation of the brexit deal. for the moment that's off the table. today's vote is saying there's going to be no deal brexit according to the parliamentarian. tomorrow's vote is a

you go back 10 years ago and it was things like ge, it was things like procter & gamble.t's just dominated by tech. tell us why. >> well, there are 500 brands on the table. there are many, many other great brands from america. something like 1.1 trillion of the brand value is coming from the tech companies. that's a reflection of how good america is at generating entrepreneurial businesses particularly in the tech sector. it's something the chinese are extremely jealous of. >> one of the questions i have for you is why is facebook still on there number six? seems like they had a terrible year and it seems like they've come under attack from not only politicians, over in europe, but also here in the united states. so it seems like there's this whole wave going against facebook but they still have one of the most top brands according to your survey. >> yes. well the way we measured them is first of all we measure the strength of the brand and that's like a credit rating. we give them credit ratings. this year the facebook credit rating went down from trip l he'll a plus to

companies say laws in in the tax law discourage investment, so as journal is reporting companies like proctere easiest way to respond shifting some operations out of the u.s. and this, equifax fica teaming up buying combined services will help speed up lenders underwriting decisions partnership comes as equifax recoveries from massive 2017 data breaching, fica up 60% baseball player out of the park with youngest fans, check out new -- >> this [cheers and applause] >> ♪ ♪ ♪ ♪ ♪ ♪ baby ♪ ♪ mommy ♪ ♪ . >> baby shark playing every time andrews walks up to the plate this season texas ranger short stop says his infant son's favorite song i got to tell you good for a little bit but becomes a participant's worst nightmare. >> because always if your head. >> in have your head each different sharks like mommy shark, daddy shark is bigger then take grandpa shark's teeth away do this all day maria. maria: [laughter] great. >> a sweet story. maria: dagen doing the dance. dagen: you can do hand movements. >> my dog -- jgymnastic warm-up, baby shark -- >> high cost of health care, trump administration is ad

after hearing all about coupons, rebates, discounts, the pricing volatility, i spend 13 years at procter & gamble and once upon a time, we drove a business with a lot of coupons, rebates, pricing incentives, it was a very elastic pricing model. high margin business, there's elasticity in the pricing. you are an example of that. i spent 12 years in the cloud computing business where the margins are higher, where you see great volatility in pricing. eventually years ago, we went to the every day low price that again may or may not apply to pharma. but it was trying to take all of that out between the manufacturer and consumer, sometimes nonsense that was going on, and ultimately, i think the consumer was not winning in that equation because the prices -- they weren't seeing the true, every day low price. there's a lot of incentives as far as i can tell. my question is, who pays list price? >> unfortunately, the patient at the end, at the pharmacy counter is probably one of the few paying the list price. >> there's a small percentage of people who have no insurance who could be charged the

. >> i guess the other thing that i see, i have companies like procter & gamble and general electric in my district and there's a few things they want. they want to stay where they are, they want a thriving community, and certainly good economy helps that. but they also need the infrastructure. and so they're looking at it, ways to say how can we engage this helps our business, more efficiency et cetera, et cetera. lowering costs. so has there been any opportunity such as that? where businesses directly get involved with enhanced infrastructure? because it serves their purposes? i mean i-75, that's from michigan to florida. i think it's like 4% of the gdp goes over that bridge every day. >> i know certainly in the state that i live in, we have a charge called the system development charge that allows you to buy into the system it's paid and also for the future, businesses pay that and they pay it understanding that building highways for them, increasing the water line, interviewing the sewer line, so we've had those partnerships and sometimes they've actually built facilities that we