dedicated to the low margin business, the wine walk-in retail business. know that if i can add tables and chairs, my margins will go up immediately. but as an owner, you have to be there to connect the dots. the problem that exists today here, there's no leader, and the owners are absent. and because of that, the business loses money, and because of that, the business is upside down. so what do you do? >> this is why we called you. >> when's the last time you guys had a staff meeting? >> we don't have them. >> i been here three years. there's been one. >> no staff meetings. how do you know what's going on? >> you don't. when the [bleep] hits the fan, that's when we learn about it. >> this--it's like--this is like the definition of insanity. how many total employees here? >> 17 employees. >> if the business does go out, that's 17 people that are on the street, and you guys lose-- >> a lot of money. >> i think bill, he doesn't even sleep at night. >> who's bill? >> bill gary's my partner. he's the one who handles all the financials and does all the book work

grooming, two of the longest running pet businesses here in the city. again, from michelle rivera, "they have investors with deep pockets. they plant themselves next to long-established businesses and under cut them and dhis while insisting their nice guys. in my opinion, keep san francisco's neighborhoods healthy and keep healthy spot out." they will drive up rents. double parking. they're right on 24th street. double parking is already a huge problem on 24th street. people will be picking up and dropping off their dogsllay d picking up 40-pound bags of dog food. they will have insta-cart picking up for delivers. our local stores have thought about this. they're right off the main drag, so they will not impede traffic in the neighborhood. they've thought this through. healthy spot is right on that main drag and will cause more problems there. they don't fit in with noe neighborhood charm. they have bright lights, big signs, big colors. they're not charming like our neighborhood is. they're not part of the local pet community. they have deceptive practic

sal thought i would fund the business to keep it going while he kept the option to buy the building inis back pocket. that ain't happening. in order for me to move forward, i need to know that sal is equally committed fixing this business. so, my offer is $660,000 to satisfy this burdensome debt on the business, and i'll have 50% of the business. i'll have full financial control. sal: so, how long are you planning to hold financial control? lemonis: forever. sal: oh, boy. lemonis: when the option gets exercised, i'm the first person to get my money out. and so, what's that called is "last in, first out." sal: i just don't think that's fair. if the building is worth $6 million... lemonis: i get the money first. nick: you get that money back, the $660,000. sal: and then, from what i understand, half of the profits of that building become yours. lemonis: half of the profits of everything, including the successful business that we're gonna have. but if it's something that doesn't work for you, i understand. we don't have to do it. sal: let's just do whatever we got to do, and let's just ge

by the business of business care. i am now training what i believe to be the excellence of dog grooming in my shop, and it is my intention to have these young groomers take over the business when i retire and take over the tradition of v.i.p. pet grooming. i believe what sets us apart is their sincere love of dogs and their people. we truly love what we do. for us, it's not just a way to make a living, it's a way of life. we are not just teaching our employees the love of grooming, we are teaching them the ability to gain the trust of dogs. once their trust is acquired, they will allow you to do the work you need to do. we rarely have to cage, restrain, muzzle a dog. this technique has gained the praise of many dog owners as they are amazed that their dog love their grooming experience. love and respect are the bed rock of how we are. it is how we treat our customers, our dogs, our employees, and our community. as owners, we are in our store every day and take the time to get to know our customers, as well, they get to

the mobile-accessory industry is about $100 billion business. , just a small piece of that -- well, you do the math. oh, wow. this place is huge. hello? hey, how are you? i'm marcus. matthew: hey, marcus. i'm matthew. lemonis: matthew? matthew: yeah. nice to meet you. lemonis: nice to meet you. matthew: i'm the owner. lemonis: oh, you are? okay, that's cool. matthew: welcome. lemonis: nice to see you. matthew: yeah. lemonis: it's a big building. matthew: yeah. we just moved. and we're still kind of transitioning right now, still. we got an amazing rate on the place, but we had to put some work into it, for sure. lemonis: can you introduce me to everybody? matthew: yeah. absolutely. lemonis: that would be great. matthew: i'd love to. lemonis: so, who are these folks here? matthew: okay, this is the production staff. lemonis: hey, guys. how are you? matthew: will you all introduce yourself for marcus? lemonis: do you know their names? matthew: i know about half of them. i don't know yours. mason: mason. lemonis: mason. so, you know mason's name? ho

and long businesses. in the mission district, it's 30, 40, 50 years. >> i'm seeing it on mission street. commissioner yee riley? >> yeah. just want to announce asian american business mixer is going to be on june 14 from 5:00 to 8:00 p.m. and it's going to be concept one studio by toto. the address is 190 king street, san francisco. all the business owners are invited. they can go out there and find out all the low cost resources in small business administration state and community organizations provide help to small businesses to start and grow, and they also have an opportunity to talk to government officials, community leaders, bankers and nonprofit lenders. it's organized by s.b.a., and office of small business and supported by some of the banks and nonprofits, as well, so everybody's welcome to attend. >> thank you. commissioner zouzounis? >> yes. a merchant organization that i'm part of was reached out to by sf d.p.h. regarding the sugary beverage tax. this is an example of the order of operations by the c

>> 'cause the recipes belong to the business, right? and he's a shareholder, so the only thing we can do is leave and start all over again. >> there's been a lot of work that went into getting things up to this level, and the research and other things that we've done to make these recipes, to have to-- >> i think that's our last option. >> i mean, that would be the last thing i'd want to do. >> there may be something. article three is the capitalization of the company. what it allows for is, it allows for additional capital to come in and for a shareholder to be diluted if they're not able to put in money at the same rate as the other shareholders. if he's not able to put money in at the same rate as you are, then his share gets diluted. does that make sense to you guys? >> mm-hmm. >> so he's not gonna have us backed into a corner. >> no, he will not. we'll be able to keep the name. we'll be able to keep the recipes. he'll have a small percentage of equity... but it's better than us having to change everything. >> that's the lesser of th

so, the bar business and the internet business are operating separately, right? the wine for the internet business? man: dan. lemonis: are we selling enough on the web? dan: no. we used to -- at its peak, was probably $50,000, $60,000 a month. lemonis: and what happened to it? dan: there is no web business. i think if we had everything online that we have in house right now, we would definitely sell more. lemonis: great. we need to sell more wine online, all right? -woman: great. -lemonis: all right. thanks, guys. let's talk about your section of the business. i still don't understand where all the volume went. dan: matt has not done a great job getting things uploaded to the web. mike went and did a count of how many wines we had up there, and there was only a hundred and something out of all that we have. i've been on matt every week to get more up there, get more up there. he thinks it's cumbersome, and so he just avoids it. but i felt ignored, often. -lemonis: by him? -dan: yes. lemonis: so why didn't you fire his ass? at amazing grapes, we carry over 500 dif

all of that's gonna double the business here. ve spent over five days at swansons spread out over four weeks, and i'm finally back to see what sort of progress they've made. the first thing i see when i get there, is sue rolling up in her bmw, and what's worse, it's 12:00. that's not my definition of commitment, and that's not gonna fly. hey, sue. i guess the first thing for me, really, is when you say, "i'm gonna help you, i'm gonna be your backbone," you have to actually be that backbone. it doesn't look good that you show up late, it doesn't look good that you're driving the bmw. can you see my point at all? sue: oh, marcus, i don't feel like doing this. okay, marcus? lemonis: what do you mean, "okay"? you're asking these guys at the front to show up and take money out of their pocket and buy the shrimp and buy the fish, and you got a $500, $600 car payment. and so when things get tough, you make sacrifices. you don't put yourself in front of the employees. sue: yeah, no, i've already explained it to you. i don't feel like goin

is the only place to start your new business in san francisco and it's the best place to getwers to your questions about doing business in san francisco. it should be your first stop when you have questions about what to do next. best of all, all of our services are free of charge. it's the official public forum to voice opinions and concerns about policies that affect the economic vitality of small businesses here in san francisco. if you need assistance, start here. [roll call] >> mr. president, you have a quorum. >> general public comment. allows comments on the standard jurisdiction but not on today's calend calendar. >> do we have any members of the public that would like to make comment on any items that are not on today's agenda? seeing none, public comment is closed. next item, please. >> item 3, recognition of todd rufo as director of office of economic and work force development. discussion item. >> the todd rufo roast. we didn't tell you that. this is the best part about this job. todd rufo was appointed director of economic and work force development august 9, 201

lemonis: my offer is a half a million dollars into the business for 50% of the business. llion. lemonis: for 100% of the buness? nancy: [ laughing ] absolutely not, marcus. tom: nance, i think with marcus onboard -- nancy: and no money in our pockets? tom: listen, i'm not -- i'm not saying it's the greatest deal. lemonis: here's what i'll -- here's my final offer. nancy: okay. lemonis: okay? so, i'll go to $700,000, and you'll each put $50,000 in your own pocket, and the rest will go into the business. nancy: now we're talking a little bit. lemonis: now we're talking, and that's it. cash in her pocket was more important than growing the business, which should have been -- it should have been some sort of, like, alarm bell for me. $50,000 goes to tom, $50,000 goes to you, $600,000 goes into the business, and i get 50% of the business. amber: can you do me a favor? explain to me how you place a valuation on a company? lemonis: there is never a formula. i mean, everybody always wants me to tell them exactly what my formula is to place valuations, and i factor a variety of thi

, and how do you steal ideas from the rv business?" hink my knowledge of the rv business and the rv manufacturing space would lend itself to this. i just didn't know they were gonna be bat[bleep] crazy. you gue a successful business here. it does $4 million a year. you didn't just wake up on the wrong side of the bed and trip into $4 million. nancy: right. lemonis: you've done very well, but, i mean, i can see why you guys called me. nancy: um, who called you? we -- you all called us. ♪ oh, you called him? tom: well, i spoke to them. nancy: oh, you did? tom: mm-hmm. nancy: oh, okay. and the first place, that right there, i was never aware of that, so, yeah, i'm not happy about this at all. you sending something in -- you've been lying all this time, making it look like, "oh, they called us and picked us out of the blue and out of 100,000 people," and all this kind of stuff. in the meantime, you're sitting there lying every day. tom: some people don't know any better. so you have to help them help themselves. nancy: i don't need no help.

the legacy business program. e list goes on and on. i think my main message it all of you is that the important work of the department of oewd will continue. it will continue because of your guidance and your advice and your policy ,de but it will also continue because of the amazing talent and team at oewd. with that, i want to say thank you for the recognition and opportunity to be here today. [applause] i'm used to being up here for tough questions, so looking forward to sitting down. w deserved. with that, do we have public >>enry kanell. todd has been a really great lead leader. commissioner adams, you spoke of what he did with his leadership to make it what it is or the small business to be successful. as we all know, small business is the backbone of t community. and because it's people like todd that make us what we are. secondly, also, i would like to really appreciate the collaboration that's come between shop and dine 49 and district merchants. it has put small business on the map as well as the nc , th

the best-run businesses can make the world run better. problems is what business does best. and doing good is just good business. shhh! sorry. so let's grow more food, with less water. and make healthcare, more healthy. it's okay, i've played a doctor. what have we got here? let's take on the wage gap, the opportunity gap, the achievement gap. together, we can tackle every elephant in the room. and save the rhino while we're at it. because, whatever the problem, business can help. and i know who can help them do it... hey, want thedone.est internet? and now, xfinity mobile is included. you can get up to five lines. you can save 400 bucks or more a year, which you can spend on a funk-tastic music video. ♪ dance party boom. ♪ simple. easy. awesome. come see how you can save $400 or more a year with xfinity mobile. plus, ask how to keep your current phone. visit your local xfinity store today. that they can make decisions that go against me. guess what? that's not [ bleep ] true. if i'm acting c.e.o., i am still in control of this company. it

what's the business worth in your mind? aristotle: well, obviously, let's say truly if you look at the assets and everything, it would probably be $1 million, but if you look at the true opportunity ... lemonis: how do i look at the assets and get to a million? aristotle: well, it's not necessarily the tangible assets but everything else as a whole. given our market traction, $500,000 total, we could just say five times value of that, five times multiple. lemonis: well, okay, okay. you've lost 500,000. aristotle: yeah. lemonis: when have you actually done 500,000? aristotle: life today. lemonis: so you want me to pay you a multiple on what you've done since the inception of the company? aristotle: well, you know, traditionally, we do it five times the multiple of sales. lemonis: of earnings. i'm never going to get to a million-dollar valuation. i'm just not, but i do buy off on your product knowledge, your enthusiasm, and you have a little bit of street hustle to you. aristotle: yeah. lemonis: and i like that about you. i th

lemonis: andre, you've been very critical of the business. h, but it's almost as punishment for wasted money. lemonis: the solution isn't to keep telling her how stupid she is. andre: i mean, i would say as a repercussion for -- lemonis: what a repercussion! she's not your child! honestly, that's [bleep] up. erica: i'm not a liar! i'm not withholding information! wthat's why carmax hasr you shouover 40,000 carst. to choose from nationwide. with the prices clearly marked, and the same online as they are in the stores. now, that should make you feel confident. trifecta! ♪ carmax music sting oooh..no backboard. join t-mobile. and get netflix included for the whole family. so you can get lost in space in your own backyard... or get pumped up for your grand entrance. only t-mobile lets you watch your favorite movies and shows in more places, without paying more. get an unlimited family plan with netflix on us. and right now at t-mobile, buy one samsung galaxy s9 and get one free. it's just a burst pipe, i could fix (laugh) no. with claim rateguard

and 99.9% of the cases i do take the side of small business. i believe that with the opinion of the small business commission is very important to me. it is not that they are applauded for their opinions every thursday when we talk about businesses, but in this particular case i do appreciate they are deliberating on the subject matter and sending us the recommendations. i believe that there are services where similar businesses can't exist and in this particular case it is not that we are trying to restrict users but use. if we can see this and pet stores can exist and so do a number of dogs and people that are there, i believe that that in itself is testimony that the market is saturating and there is an imbalance with what the neighborhood wants. there is a large number of people speaking against it. it shows that the news -- the use is employed in the business and the business is healthy and surviving. but it doesn't seem to be any deficiencies in meeting the demand or even offering, i will try to be careful with what i say, parts of the bus

the united states and china. 21st century fox's board meets today to discuss who's the best beast to buy its businessthe firm is the target of a multibillion—dollar bidding war — the largest in media history — between disney and comcast that's set to shape the way we consume entertainment. let's just remind you. 21st century fox is a force in entertainment — its studios controls everything from the simpsons to the x—men and deadpool. it owns networks star tv and has stakes in sky, endemol shine and streaming firm hulu. last week, comcast launched a $65 billion cash bid for fox's assets — a bid 19% higher than a rival offerfrom disney. but disney, home to pixar, star wars and marvel, has already agreed to buy fox's assets for $52.4 billion in stock. it's thought disney may now boost its bid with cash. consumers are shunning traditional cable operators for streaming services such as netflix, amazon and hulu, so offering movies, tv and content on tap is key. disney aims to launch its own streaming service in 2019, one that's cheaper than netflix. so the pressure is on to make or buy original content. ne

and the mutual fund business is a business that is people coming to the fund business to make money for themselves and their management companies. they want to make money for their investors, sure. but the more the management company takes twb less the investor makes. maria: and that's the issue. a lot of people don't realize that. the first question is how much is it costing you. the money is coming out of your returns. jack, how do you answer the criticism -- i saw in your interview recently about the critics of the index fund today saying that you're not allocating capital properly. it's because the biggest stocks make up the biggest percentage of most of the indexes, mike voft, 3.2% of the s&p 500 and walmart is half a percent. new money means that the large stocks take a proportionately more money than other stocks. so is that destabilizing? >> that's not only not destabilizing, maria, it's not true. in other words, if we have 4% of assets in alphabet or google, we put 4% of our new money into that. if we have half a percent in walmart, as you said, we put half a percent, it doesn'

i can build the business." so, i started courage. b. nis: i'm finally starting to understand the goureau family business. noemi has actually owned an apparel store in manhattan for decades. courage. b started in 2008 when noemi decided to step back from management and just focus on design. well, i want to get more of a tour. can you kind of give me a tour of the rest of the place and -- -nicolas: may i? -lemonis: yeah. nicolas: we built this store fully finished. lemonis: mm-hmm, and when you open a new store, who does the merchandising? stephanie: the merchandising is done by the employees in the stores but run by the managers themselves. lemonis: look, i have hundreds of businesses all over the country, and even my best manager cannot be left to do the merchandising. if you're gonna be a national brand, you have to have a national look and feel. i want customers to be able to travel the country and land at any of our locations and have the exact same experience. that's what a brand is about. i'm fascinated by how all this stuff gets fr

away, he went from having a business through the roof to a business collapsing under the weight of thession and then to a business with a collapsed roof. >> the building was condemned. we were basically out of business. >> and the channel of rebuilding aquascape became a rallying cry for whitstock and his employees. this picture taken a few days after the building collapse says it all. and now aquascape is leaner, meaner business ready for everything. >> not only did we rebuild the company but rebuilt the company. even though our sales weren't where they were, coming out of 2011, we rebuilt this building. this is a stronger company. and i'm not sure we would do th that. >>> i'm here in new orleans at the collision conference, which is about 25,000 people here to talk about technology. what is new and what should we be talking about with investing. you have created the anxiety index that predicts how investors will behave, right? the anxiety index predicts what? >> the anxiety index helps predict how the market is at a particular time. 30 million people go to our website every single mo

and the business community, as well. if you are negotiating complicated trade agreements, you need to listen to advice from the people who actually trade. if you are trying to regulate how supply chains work, you need to understand those supply chains. u.s. law requires this, as well. the trade act of 1974 says the president shall seek the advice of the private sector and take the advice into account. for any effective trade policy to go forward, we need our government, not just the executive branch, it needs to work with the congress and needs to listen to people who actually engage in trade in business and the agricultural community. >> is this uncertainty making it more difficult for companies to invest? is it making it more difficult to make long-term investment decisions when they are not sure nafta will be there in a few years from now? >> we may be at an inflection point, depending on what sector you are talking about. there is a lot of the u.s. economy not affected by trade, but huge parts are. there are 40 millio

please show the office of small business slide. >> welcome. it is our custom to begin and end each meeting with a reminder that the office of small business is the only place to start a new business here in san francisco. the best place to get answers to your questions about doing business in san francisco. the office of small business should be your first stop when you have questions about what to do next. find us online or in person at city hall, and best of all, our services are flee of charge. -- free of charge. it is the official forum to voice opinions and concerns about policies that affect the economic vitality of small businesses in san francisco. if you need assistance with small business matters, start here at the office of small business. thank you. >>> item one. call to order and roll call. (roll call). kathleen dooley is absent. (roll call). >> mr. president you have a quorum. >> thank you. next item. >> genpublic comment. allows members of the public to comment on matters within the small business jurisdiction but not on today's

has been supporting female bosses and women in the business world for more than sixty years the group promotes female entrepreneurship and lobbies for better conditions for business women at the moment the v.d.u. represents more than one thousand eight hundred mainly medium sized firms that are led by women in areas such as manufacturing and crafts trade and the service sector together with their companies these women generate eighty five billion euros in sales and employ about five hundred thousand people in the u.s. o.c. asian members are in hamburg for their annual get together on the agenda expanding international opportunities and strengthening networks to raise the profile of female lead businesses. and our correspondent is at the conference in hamburg covering it for us tio hi it's really nice to see you know let's start with the topic of the conference on the focus because of course it's a very complex problem the gap between male and female entrepreneurs and how it can be close i'm sure you've heard many ideas what is the conference focusing on. yes as you said the problems a

he says that his bank mismanaged his business. the bank mismanaged his business. iscuss individual customers but says it does not take sale process is likely u nless does not take sale process is likely unless there is a prior history —— and has a prior history of supporting agribusiness. farmers have traditionally depended on lasting and strong relationship with local bank managers, who understand the business and no—one can take a long time to get a return on investment. what this royal commission has shown is that after the global financial crash, that patients will then and many relationships broke down. austria's big banks have been accused of failing the farming industry, repossessing properties instead of helping farmers to make the business work. it is part of the home and pa rt work. it is part of the home and part of the psyche. if they are to lose that source of income that they rely on from the bank to run that farm and to carry on the business, thenit farm and to carry on the business, then it is a huge loss for them. the royal commission has put bank

the hashtag bbcbizlive. hello and welcome to business live. we start in quebec, canada, where the leaders of the group of seven biggest economies are gathered for a two—day summit. the group is supposed to be about cooperation between members france, germany, the uk, japan, italy, canada and the us. but it's at its most divided in its four—decade history. in fact, it's more like the 66 on one side, and the us on the other. president trump's america first policy has pitted the us against its allies. he has slapped steep tariffs on imported steel and aluminium and threatened similar action on foreign cars. and he's pulled out of the nuclear deal with iran jeopardising billions of dollars of contracts for european firms. france's president macron has pleaded for unity, calling for the other six to unite and stand up to the us, saying, "we must not fall apart". and he points out that together, the six other nations of the g7 are a bigger market than the us. the eu and canada, america's biggest trading partners, have already announced they will reta

as we generate more products, we'll increase our repeat business and the more repeat business we havere money we make, the more viable the concept. [ engine starts ] oh, yeah! another way to make this franchise concept more viable is to double the revenue by leveraging the existing kitchen and adding a second truck. so today, i'm bringing tony to miami trailer. i want to start expanding the fleet right away, but i also want tony to realize that we don't have to spend $120,000 to add a new truck. it's a $60,000 investment. in my mind, you're gonna get a three-year life-span out of it. if his current truck does $500,000 and he's only servicing one small part of south florida, then this truck could easily generate the same amount of revenue. and at a 75% margin, well, that would be a game-changer for his business. so at 60,000 bucks, we'd like to get this in a week. ♪ hey, bud. i wanted to make a visit to south florida, 'cause i wanted to see if tony followed through on completing organizing the warehouse. walk me through what you did. let's start up front. tony: we actually finished thi

many of our colleagues in the business unit, the likes of our business unit, the likes of our business our business editor simon jack and others, will be watching back grilling of those individuals we mentioned in the parliamentary select committee later. more on that later. let's take you to asia. japan's toshiba has decided to sell its personal computer business to its rival sharp. you might remember both companies made headlines for losing billions of dollars several years ago, but this deal shows that sharp has managed to turn itself around a lot let's go to our asia business hub. mariko 0i is there. the end of an era for toshiba, this consolidation? that's right. if you remember, back in the 1980s, i am tambe union to remember, but toshiba was the first company in the world to commercialise laptop computer business, so making competing mobile ——iam business, so making competing mobile —— i am too young to remember. today the tee companies have announced that toshiba is selling its pc business to sharp forjust $36 million. this deal really shows a stark contrast between the two com

lemonis: it, single-handedly, could kill the business. jeff: got it. ring out when you are. lemonis: in five days, i want to see the final fixture, finished with all the toys on it, as if it's gonna move into a retail space. jeff: okay. lemonis: thank you so much. ♪ i own another business in the area called bodhi leaf. and aimee has told me she wants to oversee sales. but i'm not sure if she understands what that entails or what my expectations are. so i've asked her to meet me there so we can really talk about that. what's the sales process gonna look like, and how is the revenue gonna get generated? who's gonna lead the sales charge? how am i gonna get a return on the money for myself, for you, for your family? like... aimee: i could go out and sell. it's natural for me. i'm a people person. lemonis: you feel like you could sell anything to anybody? aimee: for the most part, yes. like there -- i noticed the t-shirts. lemonis: let's walk and look. aimee: okay. lemonis: so what would be your pitch? aimee: i think you need to display your product better

the digital media part of the business including things like itunes and the app store. case, it suffers from a large numbers problem. while it is a small part of apple's business, it is a huge business relative to everything else out there. one of the points we made is even if apple were to build a business that was equal in size to netflix, it would only add about 2% to apple's earnings. that gives you an indication of the numbers problem. emily: first, every conversation i have with tim cook he talks about services and the great potential here. will new devices coming in the fall change the fortune of this business? >> what we are expecting is that the phones are evolutionary. we expect a new version of iphone x. i don't think that really changes the mix all that much in terms of the services business i think what he is trying to do is increase the number of dollars per user. there are around 750 million ios users out there. emily: meantime, apple announced it is partnering with opera. we don't know a lot about the deal but we know it's about original video content. it

but the rule is reasonably well known. all of businesses will have to try to come up with what is there plan b if this continues to add light -- to escalate. andy: let's talk about zte the message that sense to both countries. amy: it is a really interesting case study. i think quite timely for the chinese to use our remedy against their bad behavior. to put thewas going company out of business. president xishe -- talked about why they need to use their own. thereby doubling down on the made in china 2025 plan. the same plan that the u.s. government is quite critical of. it is very focused on minimizing the role of foreign technology players in the china market. the china market that will become the largest consumer market in the world. tough to beat shut out of. emily: i have a chart here that shows the amount of imports coming from china. the red line is at $50 billion. you can see that there are or implants -- more imports from china. could all of these other goods be at risk? edward: this is interesting. this is president trump's eerie.

eastern here on the fox business network. joining me to talk about the week ahead and the week that was is cries teen ya along with james freeman of "the wall street journal." your thoughts as we approach this historic summit on tuesday. what are you looking for, what's most important, how should we be looking at the meeting? >> i guess my expectations are low and i'm kind of wondering why this is happening. especially with the president saying this week this might be a process that goes years into the future. no. no. the only reason we should be giving this dictator a meeting is if he's delivering something now. >> right. you're right. and he said denuclearization going into it. we haven't heard that that's exactly the format though, what he's planning on doing. >> the fact that president trump said yesterday, that he would give maybe a meeting or invite the leader of north korea to the white house when that's reserved as a privilege to come to the white house. if we're talking about what's to be expected, will the president

it destroy the central business district of the city. rebuild,o begins to workers flow into the city, architect flow into the city, and chicago begins to look toward the side scraper -- skyscraper, one of the early corporate forms, one of the earliest skyscrapers in chicago -- i'm not even sure if it is considered the skyscraper, would you say? prof. mumford: yes. prof. garb: is the manon. manondot building. it has these thick walls of the base to hold up the structure. house -- how thick the walls are at the building -- bottom? it is the last of his old style skyscraper type of building before the use of steel and large plate glass windows to build this new design which eric will talk about in a minute. this shift from an entrepreneurial to a corporate economy is expressed to the rise of the cut -- of the skies reprinted these and you see architects taking advantage of new possibilities made available by still frame, by the elevator making it possible to build taller buildings, and you also see transformations in the labor war. the emer