about starbucks economy is 155 different varieties of a commodity as simple and as black as coffee. and when you go into starbucks, at starbucks they did all the work. you just told them what you wanted. they gave you this choice. in other things, if you think about it the ipod, which is out of circulation but the soundtrack for a while you did the work. the ipod was any color you wanted as long as it was white when it first came out. its unique feature was that the phones were personalized the, so if the starbucks economy. today we have uber economy. uber picture from anyplace intentionally pushing what. that means you're in a world not of 155 choices, but the world of infinite choices and that pretty much is standard micro- targeting of one individuality, personalization and that's a critical factor, i think, in generating the change we see. there was an unexpected problem with all of these choices. of the problem was more choices actually led to less choice. how is that? would oh, i mean cracks iced try to illustrate this. assume america was a restaurant and just a chicken or fish

ten years ago i wrote about the starbucks economy 185 different varieties of a commodity that has coffee.ks and when you go into starbucks they do all the work. you tell them what you wanted they gave you choice but the ipod which is out of circulation but the soundtracks you did the work.it and the unique feature so we have the starbucks economy today but today it is the uber economy picking you up from anyplace to take you anybody else thatac means not in a world of 155 choices but infinite choices. and that is the standard of micro targeting with the individuality in that personalization down to you. that is a critical track. so the unexpected problem with all of these choices. the problem was that more choices lead to less choice. how is that? i try to illustrate this that if america was a restaurant just with chicken or fish, not a tremendous amount of passion. or steak or sushi either they love that but everyday they have sushi the state gators every day have steak. now think of that in the news. every day they watch t i msnbc d every day they watch fox more result in dividing themsel

economy. >>> starbucks is open to all. no purchase necessary.ill let anyone sit in the cafes or use the bathrooms in they don't buy a drink. telling employees to consider every person a customer. this policy change follows the uproar over the two black men at starbucks last month and one who asked to use the bathroom. they were arrested for for trespassing.

economy. >>> starbucks is open to all. no purchase necessary. starbucks will let anyone sit in the cafes or use the bathrooms in they don't buy a drink. telling employees to consider every person a customer. this policy change follows the uproar over the two black men at starbucks last month and one who asked to use the bathroom. they were arrested for for trespassing. do you like the new starbucks policy? let me know @davebriggs. >>> "early start" starts right now. president trump hereby demands to know if the feds infiltrated his campaign. that follows reports of long time intelligence sources early in the russia investigation. russia may not have been the only foreign power to influence the 2016 election. a report shows donald trump jr. hosted a meeting for two gulf state nations. >>> why not do a moment of action? why not a moment of change? why not change what's happening? it's horrible. >> passionate plea from kelly cla clarkson as anger and frustration after another school shooting claims ten more lives at the texas school. lawmakers are

it's really negative for amazon and starbucks and microsoft, but the seattle economy specifically.l talk about some of that. amazon issued a statement about this. they're not pulling any punches. the city does not have a revenue problem. they have a spending efficiency problem. but they also said look, we've remained very apprehensive about the future in seattle. they're supposed to be building a new office tower. at this point they are picking up construction that they can change their mind. why go so antibusiness and bring tax revenue into your setting. >> about amazon, microsoft committees companies, seattle would be at fishing and timber village. they are the one that brings the wealth, jobs, opportunity. if seattle's government wants to blame amazon in these other companies for the homeless problem, in fact they've created the homeless problem. they restricted supply the seattle area. you can't build any hives. just thinking california in san francisco there's a tremendous restriction of supply. they are putting up 7000 new jobs just in the past two years in seattle. there's t

it's critically important for starbucks and important for the u.s. economy and u.s.en the reciprocal trade that we do. the white house just moments ago has announced a 25% tariff on $50 billion worth of chinese goods. are you concerned about that? are you concerned it will exacerbate what is already the beginning many say of a trade war? what does that mean? >> let's take starbucks out of the equation for the moment. every time that we have had a conflict of trade and there have been trade wars, it has resulted in a down turn of the economy in the united states. this is a policy that is not correct -- >> so it doesn't help u.s. jobs? >> no. it's political rhetoric and metaphorically and this is what i really believe, the country and america should not be building walls of any kind. we should be building bridges. we should be creating our opportunity of trust and confidence with our allies all over the world and building bridges with all of the countries in which we want to do business with. this is not the approach we should be taken. >> is 2020 out of question for y

have it overcrowded and then your customers can't come in and it'll affect the economy and their pocketbook and what starbucks contributes in the area of jobs and all that kind of thing so it can really have a different kind of impact on the economy from the perspective of just that. i think that it's very important though as they are working on inclusion and all of that i've got a letter an open letter today along with brent mosel from for america and civil rights for the unborn and saying well, if you really want to deal with the question of race, don't forget now that you are allowing your employees they want to contribute to planned parenthood and you're matching those dollars and helping to kill little babies so if you really want to stop racism you need to deal with that aspect of race itch as well and really come together as a community of one race, one blood, as you've heard me say so many times, but it's just a real interesting kind of a way that they're trying to help the whole overall problem but then there's an elephant in the room and they don't want to see that. neil: too it cuts along racial li

from seattle to china, starbucks ramping up the world's second-largest economy to tell you how many newores are coming to china. a whole lot of perks. the new discount amazon is rolling out for prime numbers and whole food snacks. -- next. ♪ pah! that will never work. no, no, no, nah. a bulb of light?!? aha ha ha! a flying machine? impossible! a personal' computer?! ha! smart neighborhoods running on a microgrid. a stadium powered with solar. a hospital that doesn't lose power. amazing. i like it. never gonna happen. ♪ most people come to la with big dreams. ♪ we came with big appetites. with expedia, you could book a flight, hotel, car, and activity all in one place. ♪ i had a very minor fender bender tonight! in an unreasonably narrow fast food drive thru lane. but what a powerful life lesson. and don't worry i have everything handled. i already spoke to our allstate agent, and i know that we have accident forgiveness. which is so smart on your guy's part. like fact that they'll just... forgive you... four weeks without the car. okay, yup. good night. with accident forgiveness your ra

trish: i don't understand why anybody would want to sit in a starbucks eight, nine, 10 hours, at a time. >> think about it. we live in 1099 economywe're not working in offices. we're freelancers. we get a cup of joe and sitting there, we feel part of something even staring at screens. trish: bad for business. >> better than sensitivity training. how about service? what about food? do something about food? they haven't not food right in 10 years. >> worst breakfast sandwich i ever had. >> i think the coffee is terrible too. >> why? >> i like the coffee, i don't like the lines. frankly the service is suspect. trish: would you buy the stock right now? >> no, i wouldn't. it hasn't gone anywhere for two years. for good reason. they're doing one thing right. they're moving into china. they will go from 3200 stores, to 6,000. that is a pretty big jump that could boost the bottom line. >> i actually don't think it tastes that good. i think it tastes really putrid, awful. you look at china, are people going for it there? it is really more of a status symbol. >> interesting you should ask the question. i was in china a couple years ago, ta

starbucks products. >> in asia, south korea kospi closed for a holiday in china shanghai composite upon .54% over optimism in the chinese economyhat a deal. $85 million pricey to his new york apartment. plus, two rolls-royce because you can't just use one. a trip to outer space a kid you not in much, much more. "fbn:am" continues right now. coming up on 530 am in new york. monday, may 7th. i'm cheryl casone. gerri: good morning. i'm gerri willis in for lauren simonetti. cheryl: 85 million. we've got this. quite a story. this space then we'll talk about that one. today you've got vice president mike pence meeting but u.k. leaders about the every nuclear deal. warning the withdrawal would be historic. gerri: kris jenkins live in washington with more on that. reporter: good morning. boris johnson will pick up where they left off trying to convince the president to stay in the every nuclear deal. he meets with vice president pence this afternoon says in an op-ed the deal has weaknesses that can be remedied. this is house armed services committee says they should delay the head of saturday's deadline. >> may be the best thing is for

economy. charles: thank you. >> i'll tell you where winning action is, you should be in some winners like boeing, we'll be right back. charles: starbucksw policy, allowing anyone to come from their coffee shop and use the facilities without buying anything. h high commission investment products, fisher investments avoids them. some advisers have hidden and layered fees. fisher investments never does. and while some advisers are happy to earn commissions from you whether you do well or not, fisher investments fees are structured so we do better when you do better. maybe that's why most of our clients come from other money managers. fisher investments. clearly better money management. charles: another great session for market, marching higher, moving back to shadows of all-time high levels in january. a lot of themes are driving this, the dirty fingernail is winning, solid across board with industrial names up really big time. it did get help from that china trade development. but they continue this stealth rally as a proxy for overall economy. and intermodal, contain ircarriers, one name by the way jb hunt hitting all-time high today, i

economy. time now for a very brief break when we return our to correspondent alcohol of it will tell us why nestle is the food and candy company is paying billions of dollars to starbucks plus car culture lauren fix is fact and we discussed tesla terrible trouble was the car coach has an additional title as of a few hours ago pollock's wife has a go to break your leg numbers the closing bell another green arrow for oil today at sixty nine dollars not the eighty dollars that the saudis want will be right back. ministries police forces and city administrations of many countries depend on one corporation that does my mike will still be on the board doesn't implement the eyes of god of this dome is going to come to the. woods as the theory that the dog on into the sea it's a must also live in the proprietary software you don't know the source code isn't that a such a security risk when you have a black box operating the public eye to microsoft dependency puts governments under a cyber threat and not only that two things off misc books it will know that the softness of these missiles is a selling this is also the only one note the more vocal almost like there will be soon t

. >> maria: he talked about the economy, tax reform, growth in china. china is very important for starbucksng his take on how he performed in china was important t to me. he also talked about the most recent deal with nestle. >> the economy in the u.s. is doing well. unemployment is at a low. our business last quarter grew something like 14% top line and big part of that was the acquisition we made of our joint venture in east china. east china and the u.s. are two big growth engines and we're continuing to streamline the company and focus much more on our core business, which is our retail business. we took a portion of the funds from tax reform and we invested in our partners in the form of wage and benefits. we enhanced the family leave benefits and a number of other things that we felt were the right thing to do for starbucks and the right thing to do for our partners. we're at 3800 stores across main deland china. we increased the new store growth to 600 stores a year. we've been in china a long time. we have a great set of partners in china, starbucks partners in our stores. we create

economy for a city? they are drinking the wrong brew. that is all i can tell you. melissa: lenore, a little bit ironic starbucks is involved in this they want to make sure the cups don't offend any one. they want to promote political conversation with a barista. they had so many great things along the way to promote liberalism in their coffee, it's a little bit fun to get them targeted. not their shareholders though. >> a little irony there. a little irony dealing with the problem of homelessness, the way you solve it by going after those that create wealth. melissa: jobs. >> an jobs exactly. that seems a little bit backward. seattle look south and see how well the attitude worked for california because companies are constantly leaving. you can go elsewhere and do better. melissa: guys, thank you. david: leading from behind. that is another phrase from the old administration? that is what looks like what is happening. president trump on capitol hill meeting with republican senators as china's top economic official arrives in d.c. for another round of trade talks. go to blake burman at white house. after all the

economy sha ririnki for the first time in eight years. >>> oil is on the move after warnings that supply disruptions could cause prices to rocket. >>> starbucks opening 3,000 stores in china over the next few years. >>> and a red alert in hawaii as ash and smoke continues to be shot into the guy. it's wednesday, may 16, 2018, "worldwide exchange" begins now. sgl >>> good morning welcome to "worldwide exchange." i'm dominic chu. the futures picture now is looking a little bit more stable as we look at the s&p 500 slated to open up just about flat on the day. the dow jones same kind of situation, just small losses 16 points. the nasdaq up by two so stability right now across the equity markets as for the treasury side of things, that 3% mark on the ten-year u.s. treasury note has been breached. we got to 3.095 yesterday. the ten-year treasury note yield, 3.06% a little bit of a pullback as people buy up a bit of those ten-year treasury notes. the broader market picture, the macro side of things, oil prices are pulling back just slightly so far today after a run up over the last couple of weeks wti crude, $70.92. ice brent crude, $77.72, off by

economy sha ririnki for the first time in eight years. >>> oil is on the move after warnings that supply disruptions could cause prices to rocket. >>> starbucks stores in china over the next few years. >>> and a red alert in hawaii as

under president trump new poll grading the president on america's super charged economy next a major change in policy for starbucksuse restrooms whether they make a purchase or not that is coming up. ♪ the demand for lithium is set to increase substantially over the coming decade. the mineral resources that are needed to supply this coming demand are plentiful but not necessarily easy to unlock. the smackover formation in southern arkansas may hold one of the most significant lithium resources globally. standard lithium intends to play a key part in the development of this critical mineral resource through our structured approach to discovery, strategic alliances and our industry-leading extraction process expertise. learn more at standard lithium dot com. learn more at standard lithium i'm 85 years old in a job where. i have to wear a giant hot dog suit. what? where's that coming from? i don't know. i started my 401k early, i diversified... i'm not a big spender. sounds like you're doing a lot. but i still feel like i'm not gonna have enough for retirement. like there's something else i should be doing. with the

starbucks. kate rogers joins us with more on this. >>> good morning the city council approved the new tax yesterday to address a housing crisis partly attributed to a boom in the local economych has driven up real estate prices the measure would apply to companies that gross more than $20 million a year imposing a tax of $500 per employee it's designed to raise $50 million a year, down from $75 million to support more affordable housing and services. supporters say the biggest earning companies such as amazon should bear some burden for easing the shortage in low income housing they helped to create amazon led opposition to the tax earlier this month saying it would freeze plans to expand in seattle putting more than 7,000 jobs in question after the vote amazon said it would go ahead with plans for a major downtown office building but they say we're apprehensive about the future created by the council's hostile approach and rhetoric towards larger businesses, which forces us to question our growth here >> are there any questions on changing plans and leaving >> amazon said they may not build this downtown office complex, they are going ahead with it, but the article says th

economy therein. from southern california to eastern west virginia. even though it is the west. europe to date on whole starbucksustomers. what do you think about that? >> starbucks wants to have it both ways. they wanted to be politically correct, but they have to realize that their audience can be quite snooty and customers who go and are willing to pay $8 for a cup of coffee. do they really want to hobnob what do homeless person who's making a big party in a public bathroom. neil: i never thought of it that way. obviously in doing this, they are trying to get over the incident with a few african-american men who were treated poorly and all that stuff. are they going too far the other way than what would have been to every major player that has to do or consider doing the same. mcdonald's, burger king, department stores. >> you can pretty much sneak into any bathroom. it is not like sneaking into the "vanity fair" oscar party. neil: you act like you know. >> i'm so full from that bone dry cappuccino. >> they are so busy in starbucks. if you walked in here telling me a lot of the bathrooms are locked in coded y

best economy in decades, lowest unemployment numbers for blacks rebuildingcs ever, our military and so much more. nice." on raceg your calls relations at starbucksrepares to close most stores around the country for anti-bias screening. jacksonville, florida. caller: good morning. 39 year watcher of c-span. here it is the best educational program when it comes to enlightening americans in terms of what is going on. particularly, today's topic. combat vet.am disagreement is with several callers. that is ok. first, the young person, the last person from maryland, who indicated that african-americans feel as though america owes of something to some extent. i agree with that, but what they owe us is what is in the constitution, the pursuit of happiness and liberty, that is described in the constitution. i have some agreement with that. jimother one is also with who called from north dakota. his views i hear what are, but they are certainly very representative of what is going on in america now when it comes to race and race relations. the gentleman who called out of illinois had his fingers on the pulse, sharing with america what racism is, and he in

economy, it won't derail the market in any way, shape or form. stuart: both our market guests are saying we're up from here on out. okay, good stuff the. starbucksll, they say you don't have to buy something to use their bathrooms. some, though, are wondering if that's a good idea. >> yeah, social media's just lit up over this issue. we talked about it yesterday, you know, the starbucks in times square, the bathroom should be declared a superfund site. [laughter] especially in urban areas with a large number of homeless population and the mentally ill, the fear is these will become drop-in centers for everybody not only threatening the safety of employees, but customers as well and, ultimately, will force customers to go elsewhere. if you're not going to have any rules in place, it is going to become, some fear, a place where drug activity and everything else will be very common. stuart: have you got an opinion, liz? >> well, a police officer was assaulted in a starbucks here in new york city, so it's a law enforcement issue as well. >> and, ash, to clarify, they did expand on the statement. no drug use and no sleeping in the starbucks. >> right

economy to this point. that is really good stuff. jeff, thank you very much. and rest of your crew. >>> coming up, yes, seattle did it. pushed through a tax on workers. amazon, starbucksployers in seattle. i say it will drive jobs away. >>> we have the tiger effect. his presence at the players championship, boosted the ratings big time, best in five years. brian kilmeade next on that. ♪ this scientist doesn't believe in luck. she believes in research. it can take more than 10 years to develop a single medication. and only 1 in 10,000 ever make it to market. but what if ai could find connections faster. to help this researcher discover new treatments. that's why she's working with watson. it's a smart way to find new hope, which really can't wait. ♪ ♪ that's it. i'm calling kohler about their walk-in bath. nah. not gonna happen. my name is ken. how may i help you? hi, i'm calling about kohler's walk-in bath. excellent! happy to help. huh? hold one moment please... [ finger snaps ] hmm. the kohler walk-in bath features an extra-wide opening and a low step-in at three inches, which is 25 to 60% lower than some leading competitors. the bath fills and drains quickly, while