one of those critics is aaron sorkin. if you don't know who sorkin is. have probably seen some of his movies. the screenwriter behind the 2010 smash "the social network" about facebook. he penned open letter to mark zuckerberg in "the new york times." he attacks facebook use of political ads in the op-ed. you and i, zuckerberg, want speech protections to make sure no one gets imprisoned or killed for writing something unpopular, not to insure lies have unfettered access to the american electorate. mark zuckerberg is fighting back defending his stance. zuckerberg didn't do so using his own words in a facebook post. instead he used sorkin's words from the 1995 film sorkin wrote, "the american president." here is the monologue from michael douglas. >> you want free speech. the man standing at center staged a advocating the top of his lungs that you would spend a lifetime opposing at the top of yours. reporter: facebook standing by the decision to allow political ads. twitter this week announced it would ban all political ads. one company that has flown unde

but zuckerberg flipped the script, literally, on sorkin.e from a speech sorkin wrote for the title character of the movie "the american president." "america isn't easy. america is advanced citizenship. you got to want it bad." remember when michael douglas said that? book because it's going to put up a fight. it's going to say, you want free speech? lets you acknowledge a man whose words make your blood boil, who is standing center stage in advocating at the top of his lungs that which you would spend a lifetime opposing of the top of yours. you want to claim this land as the land of the free? been the symbol of your country can be a flag." i think he says "bob." [laughter] "the symbol has been one of its citizens, exercising his right to bring that flag in protest. show me that predefend that, celebrate that in your classrooms. then you can stand up and sing with the land of the free." you're 5 minutes of fame are up to maker 15 can make is that it went? it was a really good movie. what does he do the year >> andy: he depressed me by telli

here's what sorkin wrote first. can't be the outcome you and i want that put crazy lie intuse the water supply, lies that have a real and dangerous effect on our elections. >> mark zuckerberg responded on facebook, that would make sense of. this is part of what he said to aaron sorkin. he said you want to claim -- things is a quote, he quoted aaron sorkin back to himself from the movie the american president. he said you want to claim this land as the land of the free, then the symbol of your country just can't be a flag, the symbol also has to be one of the citizens exercising the right to burn the flag in protest. show me that. defend that. celebrate that in your classrooms. then you can stand up and sing about the land of the free. again, aaron sorkin as ed pointed out in the american president. >> zuckerberg coming out and being this defender of free speech because so many folks, particularly on the left, sorkin included, seemed to sound like they wanted him to police ads on facebook and go through every ad and

. >> let's get a sense of what dara is telling our andrew ross sorkin guys, don't go anywhere. >> i'mgining there's one part of this that you didn't expect because clearly the markets didn't expect it, which was when you first joined the company, this was a company that people were valuing and bankers value it and investors and private investors were talking about a hundred plus million dollars for this company. >> i wish i kept that pitch book >> and clearly the market has shifted in a profound way. >> yes. >> you announced earnings this week arguably they were better than the market had anticipated the stock goes down. peloton, same thing happened this week. market goes down -- or stock goes down, rather. so the question is what you think -- what do you think is happening to the unicorns of silicon valley and what do you think that shift is really about? >> so i think what's happening is that there has been a fundamental revaluation of revenue growth and the value of profits and the -- in an increasingly uncertain world so the world around us, everything going on in politics, the gl

it is aaron sorkin's take to harper lee. you so much. >>> if you are heading out, don't forget to set the dvr to record "cbs this morning saturday." coming up, they took the stage as amateurs and left it headed for stardom. we'll look at the history of harlem's legendary apollo theater, the subject of a new hbo documentary. >>> plus, it's an incredible ride, but it's not in any amusement park. we will hop on board one of the actual trains that carried settlers through the american west still on track for adventure. >>> plus, music from "golden manager" in our "saturday session." >>> first, a four-legged driver goes for a spin on a joyride that lasted almost an hour. we'll see how it happened and how it was stopped. you're watching "cbs this morning saturday." whether you were borne for more dance-offs... more travels... or more touchdowns. get the immune support that gives you more. airborne gummies have 50% more vitamin-c than emergen-c... plus our crafted blend of vitamins, minerals and herbs. airborne. itintroducing the n

i'm andrew sorkin in for kelly evans. technicals say we are way overbought is a bubble forming? the consumer may be strong but that doesn't mean everyone benefits a look at the haves and have t nots but we begin today with markets. >> andrew ross sorkin, good afternoon. great to see you in house. >> can i walk over and say hi to you? >> you can do whatever you want. you're anchoring the show. >> i'm going to keep out of the camera zone, though. >> stocks are uling back from record highs right now with the exception of the nasdaq. a lot of that having to do with this rebound that we've been seeing in a number of chip makers as andrew was alluding to, a lot of weakness in the retail sector this is the week where we hear from a number of retail companies, both home depot and kohl's, down now nearly 19%, home depot lower by 5% now we await results from nordstrom after the bell another theme we've been watching, just taking a step back is the outperformance in global stocks so far this quarter. germany, you'll see russia and even the banks in europe responding nicely to a weaker doll

then zuckerberg responded, basically rick quoting sorkin back to him from the american president andines was to say, if you want to claim this land as the land of the free, then it also has to be one of its citizens exercising his right to burn that flag in protest. do you see this more as a free-speech debate and whether big tech should be the decider of what's truth or do you think the american people can decide that? >> i do believe that facebook has a responsibility. any platform, especially the social media platform has a responsibility to police themselves. and that would be put on the network without someone making sure that these lives don't lead to consequences. civil rights groups are deeply alarmed about the decision by facebook, not to wrest control over the network. as you well know in 2016 the type of misinformation that was spread, and that had changed. if you are a, and that's up to the american people to decide. if a candidate says, this is the most unprecedented thing ever. should they be the one to say, that's not true? >> 2,000, contributed by one individual. did

i'm becky quick along with joe kernen and andrew ross sorkin. and this morning, the u.s. equity futures are basically flat this comes after a big day for the markets across the board yesterday, though. the dow wasup by almost 200 points yesterday, a gain of about 0.7% the s&p was up by 23 points, and then the nasdaq was the big gainer yesterday it was up by 112 points, which is a gain of 1.3%. it was the best day for the nasdaq since october 11th, and it means that all three of the major averages closed at record levels once again. this morning it looks like the dow is indicated down about 8 1/2 points s&p futures down by less than a point. nasdaq is barely lower as well then if you take a look at the treasury market, the ten-year note this morning, looking at yields slightly lower than yesterday at this point. 1.745% >>> as we said at the top of the show, top u.s. and chinese trade negotiators held a phone call last night, according to china's ministry, commerce ministry there. chinese vice premier liu spoke with u.s. trade representative robert lighthizer and treasury s

but we don't have a response yet from aaron sorkin on zuckerberg putting that out there.seball. the world series winning washington nationals are back home ahead of tomorrow's huge celebration papa raid. parade. along with a victory, the game raked in major ratings ratings a 39% increase from tuesday night's game. this was washington's first world series win in more than 100 years. i'm not sure they had a team for all of those 100 years, but nevertheless, it's a big -- cheryl: the nats really knocked it out, i've got to say. we've got an update on the situation in the middle east. isis announced a successor to abu bakr al-baghdadi. ashley: tracee carrasco with the details. tracee: good morning. isis has released an audio statement saying the new leader of the terror group, came five days after a u.s. raid in syria killed balling daddy. isis -- baghdadi. isis is urging followers to pledge allegiance to the leader. the cdc says cases of vaping illness have hit 1,188. altria group cut their investment in juul by $4.5 billion. and classes resume today for about 300,000 studen

facebook ceo mark zuckerberg firing back at aaron sorkin after a screenwriter wrote an open letter toicizing facebook's policy on open ads. in the letter, sorkin road i admire your deep belief in free speech but this can't possibly be the outcome that you and i want to have things pumped into the water supply that corrupt the most important decisions we make together. in response, mark zuckerberg pulled a quote from the 1995 screenplay for the movie american president. you want free speech? lets you acknowledge of a whose words make your blood boil. that which he would spend a lifetime opposing at the top of yours. i think michael douglas read it better than i could. anyway, ahead. actress lori laughlin responding to the latest child comic charges against her in the college admission scandal. plus, did a man to murder his girlfriend? amazon alexa could be the star witness. employees need more than just a paycheck. you definitely want to take advantage of all the benefits you can get. 2/3 of employees said that the workplace is an important source for personal savings and protection so

by quoting sorkin's own words from the movie "american president.d citizenship. joining us now, pulitzer prize winning new york columnist author of "deep state, trump, the fbi, and the rule of law" jim stuart, how do you come down on this debate about zuckerberg saying it's free speech? that even though they may contain vast inaccuracies, it's okay versus sorkin who says no you can't. >> well, i've been giving this a lot of thought since it first cropped up a couple weeks ago. but now, twitter has come in and just said we're not going to run political ads. and they're both in their own way i think trying to punt this issue. i mean, facebook is saying we're not going to police it twitter said we're not going to do it at all and it seems there's got to be a middle ground here those are simplistic those are bright line policies at least facebook has the advantage of not giving up a revenue stream but there is -- i think there is a middle way you know, we're all in the fact business and one thing i've discovered about the internet and the minute i write

zuckerberg is firing back at sorkin.ion on capitol hill, it is all about free speech. more recently he defended it again on a facebook earnings call. this time around he defended himself in a facebook post, not using his own words, using sorkin's words from 1995 movie, the american president. here is part of the monologue from michael douglas. >> you want free speech? let's see you acknowledge a man whose words make your bleed boil, standing center stage, advocating it up of his lungs that which you would spend a lifetime opposing at the top of yours. >> facebook getting a lot of criticism for allowing a lot of political ads. it allows for the spread of disinformation. twitter banned all political ads starting this month from its platform. google has flown under the radar so far. it sort of has the same policy as facebook where it allows political ads. it is interesting if lawmakers up pressure on google as well. just like they have on facebook. neil? neil: thank you very much, my friend, grady trimble in chicago on all

. >> i'm not going to say anything until sorkin says something.d we'll agree >> if i wanted to be in a movie, i'd buy the truck. like a movie 100 years from now. it is like a halloween >> there is something you like and then you realize you don't like it. i don't think you should strive to design the ugliest looking vehicle ever made. we've done it before >> would you encourage the sorkin family to get that or a minivan? >> if you told me you liked that, i was going to say you are in the market for a minivan. how can you possibly like that is. >> i'll tell you this. my kids like it. >> do you remember when people bought hummers so you could say, look at me, i'm driving a hummer that's the only reason people bought it. >> that's what it is >> phil, nobody thinks that is a neat looking thing i don't know what the hell it is did they look surprised when the windows broke? >> i think so. elon looked at it and said, this isn't what we expected >> how many times is is ththat g to be shown today? >> that video is going to be shown a gazillion times. >> i

reed hayesings is live at the deal book conference with andrew ross sorkin after a tough few months for the stock can they turn it around we'll bring you the can't miss interview straight ahead speaking of streaming dinelson out with earnings brands ewe disney plus service. why some options trade remembers betting on real magic. later up in smoke, a medical marijuana stock plunging more than 17% today after better hand than expected earnings is there relief in sight for the sector we gwin with the news make net flex ceo reed hayesings taking the stage at the deal book conference let's listen in sfl back to our stage you've been with us before we thank you now. >> i have. >> one of the reason we wanted to see you was because we are right in the midst of the streaming wars. >> we are. >> which have just begun with apple plus last week and with disney plus coming next week and i want to use this opportunity for you to help us understand how you're looking at all of these different components parts and what's about to happen to our media ecosystem. here is where i want to start the conversa

sorkin, i'm doing great. thank you.rs off by apple which are just half a percent, roughly 75,000 shares of pre-market volume down with the rest of the market, but despite analysts at rbc initiating coverage of the iphone maker with an outperform, they put a $295 price target they like apple being a path towards being more relevant and a balance sheet to return significant cash to shareholders getting an upgrade or coverage initiation. >>> next up are shares of j.m. smuckers up by 1.5%. the packaged food with jams, folgers coffee and kibbles and bits dog food. they say the market is already making an out of favor stock but there could be even more down side due to structural challenges at the company. those shares lower then there are shares of take-2 interactive moving between gains and losses just about flat in pre-market trading. the video game production gets initiated as a buy rating. they like a good management team at the company and a robust portfolio of gains and those shares also ones to watch, becky. i'll send

he told andrew ross sorkin that he came to that decision in part after meeting with the families. >> wish i gone to visit them earlier. we haveedeen foc ever since the accidents on understanding what happened,ve doingthing we can to fix the airplane, improve the max. we have been focused on working to make it the safest airplane ever to fly. but the personal element of this and the impac it's hadn families, you know it's reminded me of the importance of the work and we talk a lot about at boeing about the fact that lives depende on whatdo, rirltly. that should demand in incredible sense of excellent in how we do it. but until it's personal and you talk wh the families and really hear the personal stories, there is nothing else like that. that's going to stick with me forever. >> as we reported yesterday, boeing's new chairman said bonuses or equity grants for the year until the 737 max is back in the air and flaying safely. >>> time to take look now at some of the upgrades and downgrades. we begin with shares of lowes. upgraded to outperform from nurmt at credit suisse with the analy

i'm becky quick along with andrew ross sorkin joe is off today our guest hope is barry knapp. good to see you. >> good to be here >> let's check out the equity futures. right now you will see green arrows across the board even as all of the major averages closed once again at new highs yesterday. it looks like right now dow futures are indicated up 60, nasdaq up by 34. and barry, looking at this, i mean it keeps pushing higher regardless of what happens in basically any of the news. yesterday it was helped by the retailers. >> i think that we're in another one of these periods like when we launched qe-2 or qe-3, even operation twist, where we just had a liquidity dynamics last time i was on we talked about earnings growth bottoming and reaccelerating of course the rate of change is what boosts the multiple so we're this one of those periods where it should extend not just through end of the year, but into the beginning of next year as well. so if you think about when those rallies stalled out after qe-2, that was the point where everyone realized all that liquidity didn't real

the 2 countries in 1965 didn't amend the wrongs that were done meanwhile human rights attorney eric sorkin believes both japan and the u.s. often paint a dark picture of north south relations to fit their own political agenda. these outside influences japan in the united states for their own political purposes i think they exaggerate the desire of the north koreans to somehow attack south korea and i think that this will all begin to bear out when these types of surveys and discussions take place and when the mood in ministration finally i hope has the ability and the the guts frankly to do what they say they want to do and that is engaging and build peace and settle the korean war with the north koreans and so i think they had japan will continue to fan these flames until the south koreans really put into it by formalizing relations and taking further serious steps toward peace. the united nations general assembly has voted overwhelmingly to end america's economic embargo on cuba now for nearly 30 years but the us together with brazil and israel have voted no. the president of trans gover

sorkin saying the policy is -- zuckerberg quoted a monologue from sorkin's movie "the american presidenthe clip. >> america isn't easy. america is advanced citizenship. you have to want it bad. it will put up a fight. it is going to say you want free speech? let's see you acknowledge a man whose words make your blood boil standing center stage and advocating that which you would spend a lifetime opposing at the top of yours. >> bill: what a clip. >> sandra: facebook and zuckerberg facing growing pressure to change their policy. zuckerberg has been sticking to it. >> bill: more and more these debates are moving to online and moving to technology companies because that's where we're finding our own lives being reflected. my sense is with 13 months to go before a national election we'll see this stuff play out in realtime and we'll see with regard to twitter and the decisions they're making. and facebook going in a different direction. >> sandra: high profile democrats including presidential candidates taking on zuckerberg and facebook on the issue as well. >> bill: president trump trading

keep an eye on deal book sorkin has an all-star lineup today.sten. >> you made a decision where you told him you didn't want to take a bonus for this year. i want to talk about that. but tell us about what happened on saturday morning. >> andrew, thanks for the chance to join you this morning first of all, i have just a ton of respect for dave and appreciated the comments he made earlier this week. saturday morning's conversation really came out of my discussion with the families of the victims earlier in the week, between the two hearings, on tuesday evening. i spent a few hours with the families and i had the chance to listen to their personal stories, and heard their sorrow, their grief and, you know, as a father and husband myself, i was heart broken over that and we take a lot of pride at boeing in the safety of the products we build and people count on us for safe travel. and those stories just had a huge impact on me. and caused me to think about, you know, what could we do as a company, what else can we do to help these families, and als

aaron sorkin is a consider it c.cial network about facebook. he attacks facebook's use of political ads saying you and i, zuckerberg, want speech protections to make sure no one gets imprisoned or killed for saying or writing something unpopular, not to assure that lies have unfettered access to the american electorate. zuckerberg is firing back in a facebook post of his own. he actually didn't use his own words. he used sorkin's words from the 1995 movie, the american president. listen. >> you want free speech? let's see you acknowledge a man whose words make your blood boil, who is standing center stage and advocating at the top of his lungs that which you would spend a lifetime opposing at the top of yours. >> so facebook obviously defending its ad policy and free speech. twitter banned all political ads. one company that has flown under the radar in all this is google. and we have been hearing that might change, that lawmakers might be ramping up pressure on google to do something about its ad policy which right

i'm becky quick along with joe kernen and andrew ross sorkin. look at the u.s.quity futures at this hour, you will see that things are in the green. dow futures up by 90 and nasdaq up by 32 last week we saw all the major indexes down for the week. for the dow, it had been four weeks in a row of winning streaks and s&p six weeks in a row and nasdaq just ended a seven-week winning streak. the month of november, still looking at pretty decent size gans the best we have seen since the month of june. treasury market, you'll see that at least at this point it looks like the ten year is yielding 1.789% still below 1.8%. >>> a big deal the largest luxury goods company said it reached a company to buy tiffany. the price tag $135 per share in cash, $16.2 billion total. largest ever in the luxury sector the boards of both companies approving that deal yesterday afternoon and the transaction expected to close the middle of next year. it will mark the end of tiffany's 182-year history as a stand alone brand. the little blue box isn't changing but does reflect the changes to

i'm becky quick with andrew ross sorkin, joe is out today we do have some breaking news that we would like to tell you about right now. cnbc has learned exclusive details about a deal in which warren buffett's berkshire hathaway was outbid. the deal was sweetened from apollo's previous bid of $130 a share after an unnamed souter topped the original offer. that souter was none other than berkshire hathaway buffett told me one week go he bid $140 a share or over $5 billion scluting debt. the apollo's offer was accepted. the later offer accepted by tech data as the better offer and buffett says he does not intend to make a higher offer a little bit about tech data, it is a global distributor of technology products and services it supplies small companies with technology software and hardware made by larger companies, larger technology companies, a middle man. this is evidence of what has been happening with berkshire hathaway as the cash ward has grown. topped over $128 billion according to most recent s.e.c. filings from the company this move is interesting pivot for buffett, he rarely

other show i'd worked on was the richness of character and words and thoughts and images that aaron sorkinople to think that i'm as quick and clever as the characters that i write. but you would be disappointed if you met me. >> josh? >> yeah. >> six pages on english as the national language. >> meetings don't just take place sitting down and talking to people. >> and as for a damn social studies paper -- >> donna. >> look at the memo. i gave you what you asked for. don't snap at me. >> we knew that was the essence of the show, this movement. >> what's wrong with everyone today? >> the challenge of doing that is, number one, lighting. if you look at that set on "the west wing," there's a lot of glass. glass is reflective. there were a lot of technical challenges that existed. but the biggest challenge by far was the performance challenge. >> 802. five votes jumped the fence. >> because beginning, middle, and end of the scenes sometimes in one take, and it was liberating and also intimidating. >> what the hell happened? >> we don't know. >> we're finding out. >> i love "the west wing" becau

mark zuckerberg posted on facebook a quote late yesterday from sorkin's 1995 film the american presidenta isn't easy. america is advanced citizen ship. you hoof to want it's bad because it will put up a fight in the if you want free speech, at knowledge a man that words make your blood boil and advocating at the top of his lungs, you would spend a lifetime of opposing at the top of yours. you want this land as the land of the free? >> we have not heard back from facebook. >>> an update on the crab season delay. fisheries hoping they can get back to work. >> now to the campaign trail sort of. governor gavin newsom and his family get into the spirit of halloween. >>> and the stock market just opened up about ten minutes ago. the dow you know when you're at ross and you realize you are the the hostess with the mostest. yes! yeah! that's yes for less. entertain in style all season long. it feels even better when you find it for less-at ross. yes for less. you know when you're at just keeps getting better?ook check this out! that's yes for less. score a head-to-toe look you'll love and save 2

i'm becky quick along with andrew ross sorkin joe is off today our guest hope is barry knapp.see you. >> good to be here >> let's check out the equity futures. right now you will see green arrows across the board even as all of the major averages closed once again at new highs yesterday. it looks like right now dow futures are indicated up 60, nasdaq up by 34. and barry, looking at this, i mean it keeps pushing higher regardless of what happens in basically any of the news. yesterday it was helped by the retailers. >> i think that we're in another one of these periods like when we launched qe-2 o

from the nasdaq market site in times quare i'm becky quick along with joe kernen and andrew ross sorkin equity futures at this hour you're going to see that the dow looks like it would open up 110 points if we were to open at these levels which would be a new high s&p 500 if we hang in there at these levels up by 13 points also new high. nasdaq is up by about 45 points. at least end indicate based on the futures right now. let's look at the treasury yields treasury market right now is going to show you the ten-year note is sitting at 1.754%. >>> the big news of the morning, the board of mcdonald's announcing yesterday they fired ceo steve easterbrook over consensual relationship with an employee the company says he demonstrated poor judgment. easterbrook called the relationship a mistake a

i'm becky quick with andrew ross sorkin, joe is out today we do have some breaking news that we wouldell you about right now. cnbc has learned exclusive details about a deal in which warren buffett's berkshire hathaway was outbid. the deal was sweetened from apollo's previous bid of $130 a share after an unnamed souter topped the original offer. that souter was none other t

i'm becky quick along with joe kernen and andrew ross sorkin. look at the u.s.u will see that things are in the green. dow futures up by 90 and nasdaq up by 32 last week we saw all the major indexes down for the week. for the dow, it had been four weeks in a row of winning streaks and s&p six weeks in a row and nasdaq just ended a seven-week winning streak. the month of november, still looking at pretty decent size gans the best we have seen since the month of june. treasury market, you'll see that at least at this point it looks like the ten year is yielding 1.789% still below 1.8%. >>

i'm andrew sorkin in for kelly evans. technicals say we are way overbought is a bubble forming? consumer may be strong but that doesn't mean everyone benefits a look at the haves and have t nots but we

maybe i have watched too many erin sorkin movies, but there is still a scenario where i thought someectonic plates shifted this week. i thought one of them was gordon sondland's sort of early morning release of his statement where he said everybody was in on it. i wasn't rogue, i wasn't part of an irregular policy channel. this was the channel. it was run by donald trump, vice president pence and mike pompeo. this was the channel. and then i thought the plate shifted again when fiona hill came in yesterday and said you are doing russia's work for them. do we really think there is no scenario where if john bolton were to sort of find religion and walk in and testify in a senate trial that republicans who have trusted john bolton for decades wouldn't say h-mmm? >> i think the one variable here is public opinion. we have seen that shifted since, for example, the mueller investigation, it seemed to go on and on, hard to wrap your head around. the last two weeks has painted a fairly clear picture. we are going into a break where we are going to have people and they are not supposed to tal

i thought he's straightst out o whatgh aaron sorkin would writen a screen play about the good guys trying to rescue america from russian influence. >> you want these people on that wall. i think they're strong. their argument is they're defending america under parties of botham administrations. the only thing you can do in a congressional cross examination is try to make it more about legitimate policy differences, and more about maybe even the fog of different approaches to different countries and foreign policy than the facts. i think fiona hill was effective at the part about bolton. we have been tracking this. i won't bore everyone in depth, we even have the different charting of where each witness has come down on some of these key disagreements about whether there was quid pro quo bribery, what happened at that qinfamou meeting, wein the white house where many pictures are taking, does picture taking alone wipe out somebody raising something to lawyers? you're seeing accounts that say no. another point that came up earlier that you raised, where does donald trump stand? he's not str

, but he did make it very clear in that interview last week, brilliantly conducted by andrew russ sorkine for elizabeth warren against donald trump if that's who is on the ballot next year. he made that clear when he was asked that specific question. bill gates didn't name names, but he said the thing that he would value most in a candidate is what he called a professional approach to the presidency. the audience started to laugh, because obviously donald trump has the least professional approach to the presidency in history, and everyone in the room knew that bill gates was saying, in effect, that he would vote for the democrat no matter who it is. bill gates is one of the few billionaires who agrees with our next guest that billionaires are undertaxed. esther duflow is this year's co-winner of the nobel prize in economics, and she did that by studying the way people make real economic decisions in real life. people like bill gates and people living in poverty around the world. and what she found contradicts most of what you have heard from politicians about real world economics and her

i'm becky quick along with joe kernen and andrew ross sorkin. and this morning, the u.s.s are basically flat this comes after a big day for the markets across the board yesterday, though. the dow wasup by almost 200 points yesterday, a gain of about 0.7% the s&p was up by 23 points, and then the nasdaq was the big gainer yesterday it was up by 112 points, which is a gain of 1.3%. it was the best day for the nasdaq since october 11th, and it means that all three of the major averages closed at record levels once again. this morning it looks like the dow is indicated down about 8 1/2 points s&p futures down by less than a point. nasdaq is barely lower as well then if you take a look at the treasury market, the ten-year note this morning, looking at yields slightly lower than yesterday at this point. 1.745% >>> as we said at the top of the show, top u.s. and chinese trade negotiators held a phone call last night, according to

and don't forget, he is at deal book talking with andrew ross sorkin. >> it's interesting calhoun saidneering decisions. what did he say in response to text gate, one of the most memorable emmoments in the hearings >> yes. >> why didn't somebody in the staff come running in with the hair on fire when they saw the texts. >> we did ask about the emails and whether or not this was a culture of oh not telling everybody everything, and essentially not a safe culture at boeing. what he said was, look, we acted as quickly as we were armted to information. that question is out there and regulators on capitol hill have said we still want to ask more questions in fact they wrote a letter yesterday essentially saying we want to ask more questions to boeing executives about who knew what and when did they know it but at this point dave calhoun said in their opinion dennis muilenburg is not hiding anything not keeping anybody in the dark about what happened with the max. he says look, he has been forthright from the beginning. and that's why we believe he is the person to loo lead the company right

andrew ross sorkin is at "the new york times" deal book conference today we're going to be hearing fromhe chairman. new chairman of boeing andrew has dennis mooieleburg they've turned positive. they've been mixed now the dow is up 25points nasdaq indicated up 5 and the s&p indicated up 2.5 or so that would not be a record in the s&p. i think we lost 3 yesterday, 3 points trading new highs. 183, slowly creeping up. almost 184 on the ten year you know, it's not far from 2. >> at 185. >> it made a little bit of a stand down there, the numbers that looked so weird and report on them. did we get the -- get to 1.3 we got below 1.5 >> close >> i don't know. also uber shares hitting an all-time low after the company reported another billion dollars in losses. now the post lockup period will free a billion shares for trading. leslie picker joins us with more on that story. >> good morning, becky it's been 6 months since the uber ipo meaning earlier investors required to hold on to their shares are now able to sell them. the question for the market today is whether that puts additional pressure o

i'm joe kernen along with andrew ross sorkin.al page >> i love -- no, no, i actually -- i think it's one of the best editorial pages in the country. it's very thoughtful it's really -- >> do you read kimberly strassmann >> yes, totally. >> melissa lee is here becky is off today >> i don't agree with it all, but it makes you think >> really? stop the presses anyway, treasury yield, news flash. treasury yields are almost 1.84. i saw 1.85 earlier the futures are all up this morning on this. 1.88, almost 1.9, which is not far from 2.0 >> about a three-month high. >> nobody likes when rates go up everybody feel a little uncomfortable down in the low 1s >> that was scary. we were seeing sell offs there >> like we're in some uncharted economic territory >> our top story this morning, china's commerce ministry says beijing has agreed with the u.s. to roll back some existing trade tariffs. kayla joins us now with more on this hey, kayla >> melissa, the comments were made overnight in a regularly scheduled briefing by chinese commerce mini

i'm andrew ross sorkin along with joe kernen.k from the interview with brian cornell. she'll be joining us with another brick interview. she caught up with walmart ceo doug mcmillon at the cnbc evolve conference in los angeles. we have that exclusive interview straight ahead u.s. equities looking to be in the red. dow looks like it would be off 88 points down s&p 500 down as welby 9 points nasdaq looking to open off about 32 points down despite those good earnings from target this morning, which were better than anticipated. >> becky's on her way making her way back to the studio after her interview with target ceo brian cornell. the retailer reporting results just a couple of minutes ago earnings and revenue above beat the street and the company raised its guidance. target shares trading at an all-time high in the premarket here's cornell commenting on the quarter and the state of the consumer >> we focus a lot on bringing great inspiration to our guests when they shop our physical store or online making it really easy in all of

i'm joe kernen along with andrew ross sorkin and melissa lee.iness. >> on business >> out in l.a. >> doug mcmillan. >> doug mcmill on. >> he just had his earnings target cut she will be back here to interview the ceo of target tomorrow morning. >> our guest host, david novak former ceo of yum brands, david novak leadership and cnbc leader the futures are indicated up 48 points they're up triple digits until home depot reported. treasury yields this morning, moderating again i think down around 1.82. yeah, exactly 1.82. >>> retailers feeling the pain this morning check out shares of home depot you can see them down over 4%. the company posting mixed results. did beat on the bottom line. growth came in lower than analysts had expected and home depot lowering its full year sales and comps guidance at the moment the stocks taking 70 points off the dow futures separately kohl's posting weaker than expected earnings. that stock down as well. you can look at that board down over close to 12% right now. finally the retail wreck hitting a number of other

from the nasdaq market site in times quare i'm becky quick along with joe kernen and andrew ross sorkin. check out the u.s. equity futures at this hour you're going to see that the dow looks like it would open up 110 points if we were to open at these levels which would be a new high s&p 500 if we hang in there at these levels up by 13 points also new high. nasdaq is up by about 45 points. at least end indicate based on the futures right now. let's look at the treasury yields treasury market right now is going to show you the ten-year note is sitting at 1.754%. >>> the big news of the morning, the board of mcdonald's announcing yesterday they fired ceo steve easterbrook over consensual relationship with an employee the company says he demonstrated poor judgment. easterbrook called the relationship a mistake and said he agrees with the board's decision easterbrook, of course, took over as ceo in march of 2015 before today's move, the stock was up 96% under his leadership since he took over under that tenure, the company sold off many of its company own stores to franchisees and previeded

. >>> good morning welcome back to "squawk box" here on cnbc i'm andrew ross sorkin with becky quick.u here for the rest of the two hours. >> sure, if you'll have me. >> we're pleased to welcome cnbc contributor kara switcher is here in the house for the whole hour. >> thank you. >> recode, silicon valley, whisper. >> whisper all day. >> really loud whispering. u.s. equity futures, take a look at what's going on ahead of the jobs number. of course these numbers often and probably will change at about 8:30 this morning. dow up about 52 points up. nasdaq up about 23 points we'll call t. s&p 500 up about 6.5 points. >>> here's what's making headlines at this hour we are less than 90 minutes away from the october jobs report economists are thinking that maybe 75,000 nonfarm jobs were added for the month with the unemployment rate edging to 3.6% the gm strike could have an impact on the numbers. we'll figure out what the impact was and what the numbers would have been without the strike later on this morning we'll get more economic data that could provide significant ammunition we have the

an interesting day, dealbook yesterday, sorkin had so much news, bill gates really got everyone's attention talked about senator elizabeth warren's wealth tax. >> i've paid over 10 billion in taxes. i've paid more than anyone in taxes. but i, you know, i'm glad to have -- if i had to pay 20 billion, it's fine but, you know when you say i should pa i 100 billion, then i'm starting to do a little math about what i have left over. sorry. i'm just kidding so you really want the incentive system to be there you can go a long ways without threatening that >> have you ever ever talked to elizabeth warren about this before >> i have not. >> would you would you want to? >> i'm not sure how open minded she is or that she'd even be willing to sit down with somebody you know who has large amounts of money >> senator warren then offered to sit down with gates tweeting quote, i'm always happy to meet with people. even if we have different views. bill gate, if we get the chance, i'd thereof to explain exactly how much you'd pay under my wealth tax i promise it's not $100 million. didn't commit to supporti

playwright aaron sorkin and the show's direction had words of encouragement for ed harris who takes overas been phenomenal. >> incredible. >> you become a family. you're going to knock them dead, there's no doubt in either of our minds. >> it holds the title as the highest grossing american play in broadway history. the production's now amassed a total of $100 billion. they say it hasn't played to a single -- $100 million. did i say that wrong? $100 million, they say it hasn't played to a single empty seat. >> i believe that. >> you'll see his interview next weekend on "cbs this morning saturday". >> don't you think ed will kill it? i love ed harris. i'm really excited to see him in this part. >>> we've got an update on auction memorabilia from the movie "grease" over the weekend. hun hundreds of items were sold to raise money for her cancer treatment center. among the items that skin tight ensemble she wore for the song "you're the one that i want" ♪ you're the one that i want you are the one i want ♪ >> those pants sold for more than $162,000 on saturday. her black leather jacket went

other show i'd worked on was the richness of character and words and thoughts and images that aaron sorkin the characters i write. but you would be disappointed if you met me. >> josh. >> yeah. >> six pages on english as the national language. >> meetings don't just take place. sitting down and talking to people. >> and as for a damn social studies paper -- >> donna. >> look at the memo. i gave you what you asked for. don't snap at me. >> we knew that was the essence of this show, this movement. >> what's wrong with everyone today? >> the challenge of doing that is, number one, lighting. >> what was the question? >> if you look at that set on "the west wing," there's a lot of glass. glass is reflective. so there were a lot of technical challenges that existed. but the biggest challenge by far was the performance challenge. >> 802. five votes jumped the fence. >> because beginning, middle, and end of the scene sometimes in one take, and it was liberating and also intimidating. >> what the hell happened? >> we don't know. >> give me names. >> what the hell happened? >> we don't know. >> give

reed hayesings is live at the deal book conference with andrew ross sorkin after a tough few months forterview straight ahead speaking of streaming dinelson out with earnings brands ewe disney plus service. why some options trade remembers betting on real magic. later up in smoke, a medical marijuana stock plunging more than 17% today after better hand than expected earnings is there relief in sight for the sector we gwin with the news make net flex ceo reed hayesings taking

. >>> good morning welcome back to "squawk box" right here on cnbc i'm andrew ross sorkin along withe. becky is off today take a quick look at u.s. equity futures this hour. want to show you where we stand. about 2 1/2 hours before the market would open up dow looks like it would open up about 27 points higher we're going to call it s&p 500 almost nicely -- better to be green than red but not really moving anywhere. the nasdaq looking to open 6.5 points >>> dow component walt disney is higher in pre-market trading disney beat estimates on the top and bottom line. the numbers come a few days before the highly anticipated launch of the disney plus service. we'll have much more on disney in a few moments. >>> gap ceo art peck has stepped down it follows several years of sluggish sales the company is warning that the weak salestrend is continuing this quarter he will be replaced on an interim basis by robert fischer, son of the company's founders. that stock is down almost 8%. >>> sears is closing down 96 more sears and k-mart retail locations. that will leave just 182 stores in operatio

from the nasdaq market site in times square i'm joe kernen along with becky quick and andrew ross sorking the funky chicken. u.s. equity futures at this hour, down about 20 points on the dow, not a lot happening so far. we've got about an hour and a half to go before we start trading in ernest. we'll see where we are but right across the board, treasury yields back -- now down to 1.84% on the ten-year >> let's talk about some of the stories investors are going to be talking about today walmart posting mixed results for the third quarter. retail giant slightly missed analyst estimates on the top line, but it did beat on expectations on the bottom line. walmart also raised its full-year earnings outlook and comp store sales came in above estimates. they rose for the 21st straight quarter. we're going to be talking a lot more about walmart in just a couple minutes that stock up close to 3% in the premarket right now. also take a look at this activist investor carl icahn thinks sear o should push ahead in its bid to buy computer and printer maker h-p. icahn owns 6% stake in xerox he owns a 4

i'm andrew ross sorkin along with becky quick and joe kernen.istinguished fellow here and a cnbc contributor a among the titles >> the man's great >> very well important want to take a quick check on u.s. equity futures. right now we have green arrows across the board let's show you what's going on dow looks like it would open 47 points higher, nasdaq 17 points higher and the s&p up 3.5. dow crossing the 28,000 mark for the first time ever on friday. joseph >> thank you you have some -- >> we should be talking about that because -- >> did you read the last paragraph? i love that, it was rude and sank at this money. >> conceived in sank at this money any. do you know where that comes from >> twitter. >> no, great literary line robert -- >> you wonder why you're such a distinguished fellow here's what's making headlines so you already saw that. i love that. >> it's interesting. >> it is interesting because they totally backed off. >> it depends on -- >> and jack dorsey initially did it to sort of shame zuckerberg. >> when we properly explain -- >>