. >> when you look at amazon, the e-commerce business is about 125 billion run rate. ers catch-up. in this case, the view is their growth might be a bit too high in single digits on the e-commerce side. business,this aws growing at 45% and advertising which is growing 100%, they have a lot of growth drivers intact. there is no reason to worry. vonnie: how much of a concern is the india story? markete a substitute that amazon can infiltrate while india is getting its act together? >> india is a growth driver because of the population and the fact that e-commerce is small so there is potential. ikea found it hard to penetrate the market. nuances withs own lobbyists and protectionist policies. they will have to navigate this overtime. this is not going to be a growth driver in the near term. cash, cash equivalent jumping sharply this quarter. we have got a chart. it is dramatic. why is that they are, how is it going to get put to work? mandeep: it is a reflection of the aws business. it is growing at 40% plus growth rate. think of it as a $25 billion software company gene

>> the e-commerce business was based on a marketplace economy. of internet users from 450 million in 2017 to 800 million in 2020, there was a surgeon e-commerce and in -- the government came into regulate the model. -- there was a surge of companies coming in to make that investment. december of last year the government came in with a further definition of what they andt by marketplace models prohibiting inventory-based e-commerce. that means there is a certain amount of disturbance in the existing business model for e-commerce companies. i think the other view is that the e-commerce industry in india is growing so rapidly the regulator and the regulated are learning off of each other, involving simultaneously. the benefit is for the consumer because the regulator wants to make sure the consumers not coaxed into buying something online and the e-commerce giant wants to make sure the consumer gets the maximum choice. we are focused on the united states because of the e-commerce moving into india. to these apply equally to domestic companies? we he

staying with india, from today the government will impose a strict rules on foreign e—commerce companiesand walmart owned flipcart, and currently dominate the market. these rules are expected to upend the winners and losers in india's e—commerce market. the bbc‘s samir hashmi has more. here in this warehouse we can see the rapid growth of india's online shopping industry. every day this facility collect nearly 100,000 parcels from different online retailers and then ships them to customers across the country. but new and strict rules for e—commerce companies will change the way they do business. most of these parcels belong to customers who have either placed their orders on amazon or flipcart, which is owned by walmart. both companies together control 60% of the market share when it comes to india's e—commerce industry —— flipkart. with strict rules set to kick in these companies are now at expected to face tough condition from indian firms. according to the rules online websites can't sell products and companies in which they owned a stake and they are barred from doing deals with comp

the co c.e.o. of online retailer jamia says africa's potential for e-commerce is bigger than in any other region of the well. out speaking in african business magazine jeremy who doris suggested the continent's lack of traditional brick and mortar retail structures meant that e-commerce companies could corner the market there jimmy are often referred to as the amazon of africa has expanded rapidly but it's still racking up losses in lagos based company is also reportedly set for an i.p.o. of the new york stock exchange in the coming weeks investor rocket internet of palin is seeking to cash in on shares worth up to two hundred fifty million dollars rocket however is not commenting. so let's get some comments instead from our studio guest and that is moses' aka the founder and c.e.o. of africa link and that's an african entrepreneurial conference based here in berlin first of all it's great to have you here with us but you make of that statement that africa is on the verge of an e-commerce boom i think that that is actually an interesting statement and such a good one because definitely if you look

the u.s. americannorth e-commerce sales are growing faster than e-commerce sales outside the u.s. last couple of years. amazon's total sales last year comes from the united states. of thewhat about all money that amazon has been pouring into india and other international markets? shira: i think that is a lot about the future. right now, relatively small. emily: so, apple meantime has been doing well. much of the concerns we have been talking about sales in china. will apple's future international growth be as strong? to see that.hard the issue for apple is the biggest smartphone growth markets are places like india and vietnam where apple does not look like they are in a great position. that their prices are relatively high compared to other for smooth -- to after smart phone companies to they have not had a willingness to tailor this products for countries needs. that puts them at a disadvantage. in places like india. emily: when it comes to google and facebook, do you foresee that their reliance on the u.s. will ever change? be -- it is going to don't think so. none in the short

giant now 50% of the revenue comes from the e-commercey're making a huge push into cloud, into advertising, as you mentioned, and other segments as well also, there's talk of them also getting involved in the health care sector market, too. is this a company that is just going to keep evolving and really branching into segments that essentially have much higher business margins than what they got in e-commerce? >> that's a great point. where we're seeing the revenue come in mainly is from the high margin businesses. cloud and advertising. those are easier to make money in than some of the traditional retailing would be that's one thing that amazon is trying to highlight. amazon is not just a tech company anymore. it has so many segments of its business, and that's what's important to look when we're breaking down these numbers. overall those fundamentals seem to be strong, but that's also why it needs to make a lot of new investments where. >> let's bring in the chief investment officer from jay stern and just to handle the conversation a

you remember during this time in my whole success and therefore to make the e-commerce a success no almost a country this country so five g.'s. value it's a fall the traditional media manufacturing industries is out for broadband it's a low latency make a lot of difference to do the way traditional how we make the products five g. will gave their magic the wing to the traditional manufacturing industries huawei it's a word confident that it's way still have the loyalty from all across the month because i will per box and the surveys again there's a lot say fall out. and that was the paul question brits talking to while ways david why about security at the mobile world congress in barcelona and that was your business update don't forget you can always get more news and features on our website d.w. dot com slash business are follow us on facebook and on twitter full leave you now with this quick check on global markets i'm joined now them alone and berlin thank you for watching. eighty percent of americans at some point in our lives will experience hardship. listening. to. the minds. we make

you remember during this time in my post success and therefore in trying to make the e-commerce a success no almost a country this country so five. value it's the fault of traditional media manufacturing industries it's outro broadband it's a low latency make a lot of differences to the way traditional holway make their products five g. will give their magic a wing to the traditional manufacturing industries huawei is a word confident that it's way still have the loyalty from all across the mouth because i will part x. and the surveys again there's a lot safer. and that was the paul question brits talking to while ways david why about security at the mobile world congress in barcelona and that was your business update don't forget you can always get more news and features on our website d.w. dot com slash business are follow us on facebook and on twitter full even now with this quick check on global markets i'm john i'll do my lalan in berlin thank you for watching. a new summit and a new round of political poker. the two sides will have to overcome decades of hostility. stoked by an unpr

the dominantl e-commerce player in the fourth quarter and we expect that to continue into the first quarter. caroline: tom coming your perspective, you have a buy rating. these numbers substantiate that? >> absolutely. i think the fourth quarter is a continuation of a trend from the second and third quarter. you have to get used to the more profitable amazon. what is driving that profitability is not only advertising, but third-party unit sales, which was 52% versus 51%. the items sold on amazon by third parties utilizing its platform, which is very profitable. also, the cloud computing effort, where the revenue growth for aws was very similar between the third and fourth quarter. i do think you are seeing a more profitable in the growth engine of amazon being cloud computing and advertising. areline: to that end, they more profitable and they have plenty more cash. i'm looking at a chart showing the sheer cash hoard. where do you think they put the cash to work? is it about advertising, is it about aws? they are clearly outperforming in e-commerce. tom: historically, you think of investmen

another businesses under the roof like check online giant mall for example the billionaire owns the e-commerce company with an annual turnover of several hundred million euros it's one of the biggest in the country analysts believe quittin scheme may want to implement some of mall successful strategies that metro now is a good time for him to boost his holdings in metro because money is cheap. is more than six billion euro also in the book and it's only the energy part of his business. so about that i think up until today it's not a big problem for him because interest rates are quite role. daniel quittin ski clearly once again with the big guns taking over metro could mean his breakthrough in europe. but. the head of the international monetary fund christine legarde has called on spain italy portugal and greece to fight high youth unemployment levels speaking in germany legard said the structural reforms we needed to ensure that incomes of poorer e.u. members in the south catch up with their richer northern neighbors a process referred to as convergence a successful convergence would help the

you remember during this time in my whole success and the fortieth in trying to make the e-commerce a success not almost a cashless country so five g.'s. value it's a fall the traditional media manufacture infiltrates it's outro broadband it's a low latency make a lot of differences to the way traditional to how we make the products five g. will give their magical wing to the traditional manufacturing industries huawei it's a word confidence that it's always still have them loyalty from all accounts i'm a big as i will products and the service again there's a lot say fallouts. and that was the paul question brett's talking to while ways david whining about security at the mobile world congress in barcelona and that was her business update don't forget you can always get more news and features on our website g.w. dot com slash business are follow us on facebook and on twitter full leave you now with this quick check on global markets i'm joined now the milan in berlin thank you for watching. if you will be our fighters want to start families to become farmers or engineers every one of

mayor de blasio says the e-commerce giant is throwing away a great opportunity. e decision comes after fierce opposition from some local residents and politicians. former goldman sachs ceo lloyd blankfein said the move against amazon was both anti-progress and anti-democratic. global news, 24 hours a day on air and at tictoc on twitter, powered by more than 2,700 journalists and analysts in more than 120 countries. nejra? nejra: debra mao in hong kong, thank you. today, we're asking the question, will an extension of the tariff deadline helped or hurt will equities? you can join the debate, ib+tv on your bloomberg. coming up, what's hot and what's not. we dig through filings of hedge funds. that includes a surprise bid for hilton's timeshare spinoff. that's next. when you're traveling to work, to into bloomberg radio or on dvb digital radio in the london area. this is bloomberg. ♪ nejra: this is bloomberg daybreak: europe. i'm nejra cehic in london. let's get a picture of the markets. you're seeing weakness come through, asia-pacific index almost down .9%. co

in my whole success and therefore in chrono make the e-commerce a success not almost a cashless country so far. unique value it's a for the traditional media manufacturer into three of its outro broadband it's a low latency make a lot of difference to the way traditional how we make the products you will give their magical wing to the traditional manufacturing industries. it's a word confident that we still have the loyalty from our consular because our products and the service again this a lot before i was. talking to the deputy c.e.o. of a way germany micro have blogging site twitter has come under fire in india and recently blocked a large number of accounts of supporters of prime minister narendra modi's b j p party reason well hate speech incitement to violence and aggressively mr jinnah stake comments now a heated debate has since erupted over whether to aisha has shown left wing bias ahead of the upcoming election twitter c.e.o. jack dorsey had been asked to appear at a parliamentary committee on information technology today but instead he said head of public policy call in crawl

stores t over weekend the retailer said it will wind down its e-commerce operations as well. it expects certain stores to begin closing inmarch, although most will stay open until may. nhis was the retailer's second bankruptcy filing two years. payless was founded in kansas back in 1956. >>> facebook found itself the target of a scathing report b fm thtish parliament today. the report accuses the social media giant of behaving like a digital gangster by allegedly breaking data privacy and competition laws.sh the bri committee's inquiry into the company began in 2017 asevelations emerged that facebook's platform had be yoos used to spread disinformation during the u.s. presidential a electi the uk's brexit referendum. both of those in 2016.lt as a re british lawmakers are recommending greater government oversight of big technology companies. >>> and thereere reports today that major leaguer manny machado has agreed to a record-breaking ten-year, $300 million deal with the san diego padres. but there's another league reak s also helping to records. activision's overwatch league

e, we put our latest technology and vast expertise to work. ( ♪ ) the united states postal service makes more e-commerceanyone else in the country. makes more e-commerce deliveries to homes fifteen percent or moreo on car insurance?ou did the little piggy cry wee wee wee all the way home? weeeeeee, weeeeeee weeeeeee weeeee weeeeeeee. max. (sigh) ...maxwell! yeah? you're home. oh, cool, thanks mrs. a. geico. fifteen minutes could save you fifteen percent or more. i thought i was managing my moderate to severe crohn's disease. then i realized something was missing... me. my symptoms were keeping me from being there. so, i talked to my doctor and learned humira is for people who still have symptoms of crohn's disease after trying other medications. and the majority of people on humira saw significant symptom relief and many achieved remission in as little as 4 weeks. humira can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal infections and cancers, including lymphoma, have happened; as have blood, liver, and nervous system problems, serious allergic reactions, and n

well the e-commerce giant is seeking approval, expanding the footprint in arlington, virginia.eady know what happened in new york. some state leaders there are not buying it. we'll speak to one of them coming up on amazon. >>> putting socialism on trial. a warning from the president's top economic advisor today. why he says the progressive movement will ruin the u.s. economy. ♪ >> i ask you to join president trump and me and the rest to put socialism on trial and convict it. [applause] tax the rich? tax wealth? wealthy, successful people don't pay their fair share, i'm hearing that again. i thought i put that to bed 30 years ago when i was around here last time. wrong. connell: obviously getted idea from larry kudlow they're putting socialism on trial. he was speaking at cpac earlier in the day today. that is kind of the emerging theme we're getting in the early days of the 2020 presidential campaign, capitalism versus socialism. the white house likes that matchup. we heard it time and time again. bring in anneke green, "real clear politics," former bush 43 writer. kristen hahn

expertise to the world's second most populous country but now a new e-commerce law and yes making investment difficult with tough restrictions for foreign investors in the retail sector india's revised foreign direct investment rules for e-commerce went into effect at the beginning of this month. the new rules especially affect platforms selling their own products because no single vendor can account for more than twenty five percent of an online marketplace offering their restriction is aimed at protecting india's.

expertise to the world's second most populous country but now a new e-commerce law and yes making investment difficult with tough restrictions for foreign investors in the retail sector india's revised foreign direct investment rules for e-commerce went into effect at the beginning of this month. the new rules especially affect platforms selling their own products because no single vendor can account for more than twenty five percent of an online marketplace offering their restriction is aimed at protecting india's retail sector but its critics say it makes it harder for online platforms like amazon or even indian e-commerce platform flip card which is now owned by wal-mart to easily penetrate india's growing online retail market by only selling their own products last year walmart beat amazon and a bidding war for controlling stake a flick out with the hopes of entering the indian market the newer stiction has dealt a blow to wal-mart's expansion plans in india and that's strange isn't it wal-mart makes a huge investment in india than the government is size zero tha

every day, we put our latest technology and vast expertise to work. ( ♪ ) the united states postal service makes more e-commerceiveries to homes than anyone else in the country. makes more e-commerce deliveries to homes ♪ don't fence me in. ♪ let me be by myself ♪ in the evenin' breeze, ♪ listen to the murmur of the tall concrete, ♪ ♪ send me off forever, but i ask you please ♪ ♪ don't fence me in. special offers available at your local mini dealer. dad! hiding when i was supposed to be quitting. i thought, i should try something that works. i should try nicorette. nicorette mini relieves sudden cravings fast. anytime. anywhere. nicorette mini. you know why. we know how. with retirement planning and advice for what you need today and tomorrow. because when you're with fidelity, there's nothing to stop you from moving forward. because when you're with fidelity, we're oscar mayer deli fresh and your very first sandwich,m... your move-in-day...feast. your bold canine caper. [child] that's not for you, bandit! your dinner in the dark. your mammoth masterpiece. [whispering] your 3:47 am snack. and...whatever happene

they have the expertise on the e-commerce side. to work through some issues but i think long term they're going to be a great retailer and see the value of physical brick and mortar and seeing them expand rapidly with the concepts. >> is that a tenant you want >> absolutely. >> will bring in the foot traffic so your other tenants benefit? >> they're one of the best in class and clearly they have had an advantage with the -- now that the playing field is leveled and online sales are actually being charged sales tax now, that loophole closed and now a level playing field. >> conor, thank you for coming by conor flynn of kimco. >> do you get -- okay. >>> new intrigue in venezuela, reports there are 20 tons of gold stacked and ready for shipping out of the country. there was a russian plane parked on the tarmac at an airport since monday this plane reportedly left without the gold now reports say a cargo plane, a new one, landed from dubai and leading to speculation the gold is headed there, instead, guys bank of england -- everyone's i

post office itself is sophisticated enough or nimble enough to be able to work logistically in the e-commercerea and trying to go with u.p.s. fed-ex and with amazon which is doing its own logistics at the same time however, they do admit they make half what wall street thought they were going to make this year as a result of ending the partnership with usps. >> we only get the stamps at the post office. >> where else? >> only place i remember to buy them honestly. >> i think i picked the story because -- i collected, i liked the ones that were pretty. i do -- i like getting the -- i still walk in the post office and pick out the pretty ones >> how nice. >> how nice. >>> finally, a $15,000 trip to iceland, a gold infused anti-aging mask and a poop emoji plunger, in the swag bag given out to nominees at the academy awards they're valued more than $100,000 and by the way, cannabis products are featured for the first time ever. >> let's also not forget these are some of my favorite parts of the $100,000 swag bag, a spy pen from peta for discretely reporting on set animal use. a phobia relief expe

it seems as though the shift e-commerce is very real in the u.s. and everywhere else. azon is taking a large share of that e-commerce growth. they should continue to keep growing, but you are not seeing that growth in the financial numbers in the last couple of quarters. brad: we will be watching closely. and matt, thank you so much for joining us. i sat down with revolution ceo, steve case, to hear what he had to say about amazon's decision to expand into new york. i respect the fact that they asked people for proposals, got i met withls, and mayors recently and told them if they took half of the energy that went into their energy bid and have to dollars willing to put on the table to and send amazon to come there and refocus on startup communities, they might create the next amazon. even though most of the city super applied -- to apply lost, hopefully that energy will go into the start of sector bearing fruit down the road. cities, i was surprised about the northern virginia, d.c. area. i expected that and a lot of people expected that for a lot of reasons. the decis

the e-commerce over provides four hundred fifty one leaders of cargo space folding down the rear seats increases that volume to almost fourteen hundred five leaders. the first thing we notice about the interior is the bright seven inch touch screen mounted in the dashboard it keeps the driver informed about what's going on in the vehicle. and it will likely cross over and duck do charge pat is obligatory the light blue actions continue inside as well. after press the starting button the digital cockpit comes to life the driver just selects the gear and takes up. the gears product expert points out another innovation the center console has a new shift by wire drive selector with an elegant looking piano black finish working it is child's play you just rotate it the way you want it to select r. and r d and to put it in park you just push down. shift by wire means the actual shifting is done by electrical impulses the knob on the console just passes on the command to the vehicle control unit which activates cyril motors to put the drive into the proper gear. offers two motors for the emir

the average ticket was autopup the e-commerce was up. e operating margin was up, despite the gross margin pressure they more than made up for it with expense savings, their operating margin was up. a fantastic quarter all around. >> bud, do you agree >> i do. it was a lovely quarter to see we had traffic up .9%. it did slow a little bit from the last quarter, but you see that go back and forth a bit it was a good quarter. really impressive from walmart u.s., impressive international, impressive in sams club. overall a very impressive quarter. >> though it looks like on the u.s. comp numbers, pricing did offset foot traffic. is that a problem? >> foot traffic was still up that's remarkable if you think about what is going on in the world right now. traffic was up and pricing -- pricing was more important, but traffic was still up and consider that we live in this internet age and so they still were able to draw people to the stores they have kept up. they have invested a lot of the growth they said they came from grocery which has been a s

the e. commerce mogul recently announced his divorce from m his wife mackenzie. the ends of the world's richest couple. in the opepen that's the bas who also owns the washington post newspaper. highlights links between the owner of the national enquirer david* and donald trump. a. m. i. the owner of the national enquirer led by david* recently entered into an immunity deal with the departmtment of justice related to theirr role in te so calleled catch and kill process on behalf of president trump in his election campaign. mister packeker has companyy have also b been investigatd for variouous actions they'e taken on behalf of the saudi government. the washington post covered the murder of its columnists amount show she extensively last year. meanwhilile donald trump has refusesed to o criticize the saudi crown prince is widely believed to have orchestrated the murder. basil sauce the world's richest man has vowed to stand up to the paper no matter the embarrassments it could cost him. now you can really is pocket in the studio -- with another business updates i ag

the e-commerce giant raked in $3 billion in profit during the fourth quarter.nsecutive holiday quarter amazon beat estimates after not having done so since 2009. it predicted lower than expected revenue for the first quarter. shares of amazon dropped about 5% in after-hours trading. >>> and candy lovers can look forward to trying some new limited edition and internationally inspired peanut m&m flavors. english toffee, mexican jalapeno, and thai coconut peanut are hitting store shelves this week. fans are encouraged to vote for their favorite flavor. the winner will be announced in august and will continue to be sold at stores across the u.s. >>> anne-marie? >> yes, yes, and yes. i'm into all three. >> really? >> yeah. >> i think the only one i'm really curious about is maybe the thai coconut one. that one -- the mexican jalapeno, i'll let you try that one first. >> all right. i like it spicy. if i find them, i'll pick one up for you. diane king hall at the new york stock exchange, thanks, diane. >> sounds good. thank you. >>> still ahead, home improvements for

below that's not mine and nasdaq down further now the e. commerce giant on thursday posted record sales and profits at during the christmas holiday season but its sales forecast for the first quarter of this year. fell short of expectations it it's down. over a 5% now losing more than. four does your bank has posted its first annual profit in for yes germany's largest land that. i'm connected with three hundred and forty one million euros. for twenty eighteen well that's a welcome change from years of losses it missed analyst forecasts by 20%. or performance at its investment banking unit led to a larger than expected loss in the fourth quarter. among says it's stepping up cost cutting measures to increase profitability. a rather peculiar housing project in turkey the bulge other abbas of real estate development. has hundreds of identical casal like buildings that look fit to house disney princesses today that empty that us that the developer has been facing bankruptcy. but on friday creditors voted to continue funding it's until its completion it's

>> to me, the most important number was that 43% growth in e-commerce. you may recall last year when walmart reported the shares, they had the worst day since 1988 and it was all about the e-commerce number. they struggle with operational difficulties. the fact they were able to get back in gear on that front and deliver the 4.2 increased built -- increase on comparable sales built on traffic and ticket, that is a well-rounded strong report. >> the u.s. is asking china to keep the value of the yuan stable, part of trade negotiations between the largest economies. how novel is this idea of using the stable yuan as a bargaining chip for trade? >> it is a long-standing concern for the u.s. how china manages its currency. normally, the direction of play that the u.s. has been pushing has been in the opposite direction. they pushed china to play less of a role in intervening in currency markets. here, the trump administration is doing something fairly novel in urging the chinese to try and intervene to do what they want with the yuan. that is something we are

the e-commerce giant says it's trying to cut its carbon footprint for the millions of packages it ships. the initiative will include using renewable energy such as solar power and delivering packages in electric vans. >> now i can feel less guilty shopping. thank you. diane king hall at the new york stock exchange. >>> still to come, sealing his place in history, we remember the sailor in an iconic times square photo. iconic times square photo. add up the years. but what i do count on, is staying happy and healthy. so, i add protein, vitamins and minerals to my diet with boost®. boost® high protein nutritional drink has 20 grams of protein, along with 26 essential vitamins and minerals your body needs. all with guaranteed great taste. the upside- i'm just getting started. boost® high protein be up for life. new lysol wipes are crazy strong. don't believe us? we got this workout class to compare them to clorox. wow! feel the strength of new lysol wipes. dude! are you looking at this? can i take those? no. lysol. what it takes to protect.® sometimes the best time is time you make for your

the products would be listed on the first of the month following a new e-commerce law. er, the companies account for more than 70% of india's entire online market. that retail market. bt --an telephone company bce has set a possible ban on huawei equipment will not delay it -- has said a possible ban on huawei equipment will let delay its rollout. canadian prime minister justin ondeau is weighing a ban huawei's 5g network. >> later this month, imax will release its fourth-quarter numbers. with its global box office slipping 15%, one place it held strong was greater china where receipts jumped by 10%. the company is hoping 2019 will be a box office breakthrough with plenty of blockbusters from the likes of marvel studios and the latest "star wars" installment. earlier, we caught up with imax's ceo to get his thoughts on the year ahead in the u.s. and china. >> we always say we are not a quarter horse. we are in it for the long run and or the year. as a matter of fact, we disclose our box office or the fourth quarter, and it was quite strong. of course, you are right, it d

he says the e-commerce giant is throwing away a great opportunity. o a new york city councilmen of the news broke yesterday. >> amazon chose to pull out rather than site for the steel deal.ht for this the mayor was right, this is a tough town and you have to be able to take criticism and fight for what you believe in. francine: joining us now is alex went. always great to have you with us. why did he pull out? headquarters they are building in d.c., new york and nashville were all about building relationships with what seemed to be power centers, taking something seemingly positive to these towns. that has not been the feedback they have gotten.the response has been overwhelmingly negative. if you are sitting there as amazon, you might justifiably make the calculations, what is the point of me being here? francine: why was there such backlash? alex: i think the tax backs they are getting. a lot of the rigmarole about how they found these headquarters. hundreds of cities around the u.s. and canada 78 applications to do it. in the end, it seemed like co

every day, we put our latest technology and vast expertise to work. ( ♪ ) the united states postal service makes more e-commerceomes than anyone else in the country. makes more e-commerce deliveries to homes we need to find the hidden world. woo hoo! we have one shot at this. i thought this was supposed to be a "stealth mission." yep, we forgot to fire proof his butt. [ screaming ] ♪ show them what you've got, bud. [ mumbling ] wow. try to keep up. sorry we're late for the party. [ screaming ] [ bleat ] [ low growl ] >>> the sheer number and force and the weapons recovered in this case, coupled with the disturbing nature of his wrig writings appear to be a threat to our community. >> welcome back that was the u.s. attorney this afternoon talking about christopher hassin. a coast guard lieutenant and self described white nationalist. nbc asked the white house repeatedly today when and if the president was briefed on this arrest that happened on friday, mind you. there is a simple reason we want to know if he was aware of the arrest and target list when he said the "new york times" was the enmy of the people. the

we believe thee, area hardest hit will be in the area -- that is the former -- the informal channel of e-commerce are small opportunistic people that do now eal in full accordance of the law. once these new e-commerce laws are passed, they will be required to pay tax and register their businesses and they will suffer from a difficult economic my dome -- model. there could reports be a crackdown on these practices. how is that impacting the retail market in the chinese economy? >> at the moment, there is not yet a strong crackdown. that is what i was alluding to earlier about how long it will take to materialize. there are larger companies that have the right qualifications. they have the right businesses and licenses and the ability to diversify and source their products properly. those will be all right. it is really the smaller investors, the smaller individuals that don't have the right qualifications. they, once enforced, will take the hardest hit. from: james yang, principal oliver wyman. go on youro dayb terminal and available anywhere on the bloomberg app. you can tweak your settings to ge

investors want to see big numbers in the e-commerce department because that arm of walmart is not yettable. that is something that the ceo addressed on the analyst call this morning, saying they need to make progress on profitability when it comes to online. of course, trying to grow online comes at a cost, which brings us to margins. they have been on a downward trajectory over recent years. walmart spending to boost its online offering as it tries to compete with amazon. this has an impact on u.s. operating margins. they have been on a downward trajectory. a little tick up in the fourth quarter compared to the third quarter but lower compared to the fourth quarter of 2017. the company also facing rising transport and labor costs, which is maybe why walmart did not raise is profit guidance ahead. emma: thank you so much. amanda: for more on walmart, we welcome david chick. in terms of what walmart got --ht, we heard walmart case need to keep going that e-commerce business. i was struck at amazon's reaction, also up on the day, perhaps on this enthusiasm that all is not lost on the re

getting to india it got some attention because of the changes that are going on with some of the e-commercees and regulations. it's already at a pretty difficult market, to be fair, for foreign companies to work through. the cfo sort of said, look, we're uncertain, but we're looking towards it as a growth opportunity in the future. what do you make of what amazon is doing in india and the challenges they're in? >> i think if you look across the landscape, you have both amazon and wal-mart making heavy investments in the future of e-commerce in india because india is such an important market whether india is an important market this quarter or next quarter, pailz in the comparison to the power of a long-term class. we want to see other companies make investments in india. it is one of those countries that every once in a while the government slows you a curve ball, and you have to be pretty flexible to be able to handle that curve ball. >> got it. thank you so much. tim, appreciate you joining us here on worldwide exchange >> thanks for having me. >> we're getting fresh reaction from china t

cents in federal income taxes last year what a deal this now makes it two years in a row that the e-commerce giant is avoided paying taxes in its own country this is despite the fact that the company raked in more than eleven billion dollars in profit last year that's twice their profits and twenty seventeen the study also notes an amazon income tax rebate of nearly one hundred thirty million dollars i t p has estimated that this comes to a tax rate of negative one percent the report cites a massive two thousand and seventeen corporate tax cut and its failure to close the loopholes that allow amazon to get away with this behavior in the first place negative one percent tax rate as the beach boys sing wouldn't it be nice. as we told you last time about the warehouse club cosco how they will no longer sell monsanto's roundup because it contains glucose say which causes cancer well now there is concern that orange juice and other foods and beverages may contain the cancer causing drug joining us from our new york studios with more spread kaufman author of bet the farm how food stop being food h

of democrats brought this deal to its knees angry about the nearly $3 billion in taxes to lure the e-commerce was amazon levied the blame writing, quote, while polls show 70% of new yorkers support our plans and investment, a number of state and local politicians made it clear they oppose our presence and when i work with us. governor cuomo is furious at the loss which he says would have amounted to $30 billion in new revenue for transit improvement, new housing and schools. he called for the state senate to be held accountable writing and party small group of politicians with their own narrow political interests about their community, new york state senate has done tremendous damage. meanwhile cheers from the freshman congresswoman who represents the neighborhood. >> it is incredible. it shows that everyday americans still have the power to organize and fight for their communities and can have more say in this country than the richest man in the world. >> at odds over calculations for the return investment, she lobbied against the tax raising the community needed more investment, not less. a

the street. walmart shares are higher. e-commerce proves they can compete in the amazon era. amazon is too.at is driving both of these names higher. we'll be right back. charles: walmart shares surging after releasing fourth quarter earnings that simply crush analyst expectations. strong growth across the board. largely though driven by online sales. retail giant, this is a key for me. the ticket was up 3.3%. that is absolutely huge, folks. when you have pricing power doesn't diminish volume, that is a stock to buy. of course now the question is, they're really giving amazon some competition. they're pushing back. overarching macro question, what does it mean for the health of the american consumer. we have lisa herzog, erin sykes is with us as well. let me start with you. this is a fantastic number for walmart, particularly with the u.s.-centric business. traffic up almost 1%. ticket up 3.3%. 4.2% overall. almost double a year earlier. does this put to bed the notion that was created after that retail sales report that the american consumer is tapped out? >> well, i think, we know walmart

everyone is hoping it becomes the next china as an e-commerce market. about how that plays out over the next 10 years. they are going to have to incur some of that hit. it is smart strategically. emily: that acquisition was hotly contested. what do we know about how well it's going? sara: we don't know that much yet. what people were watching for was the new e-commerce regulations going into effect in india. that creates challenges for walmart and amazon is foreign participants. arehe call today, they disappointed with those regulations. they will have to figure out how to work within them. they did not adjust the guidance. they did not revise that today. they do clue that while have work to do to adapt to these regulations, they don't perceive them to be catastrophic for their progress. is a long-term play. that was andrew and sara. comment, donald trump argues u.s. companies must take the lead in the wireless networks. what does that entail? we will hear from the ftc commissioner. we are live on twitter. newsw our global breaking network at tick-tock

the supermarket rag versus the e-commerce rich guy. jeff bezos taking on the king of all tabloids, saying he will not be blackmailed. >>> reports in the last hour that now federal prosecutors are coming in to try and figure it all out. deirdre bolton is hot on the trail with the breaking details. >>> oil is about to close out its worst week of 2019 as the political crisis in venezuela wildly spirals. why does venezuela matter? it has the largest proven crude oil reserves in the world. the analyst who understands opec perhaps better than anyone else is here to game the best and worst case scenarios for your portfolio. >>> with just one week left to avert another government shutdown, a high stakes summit is set for this weekend, with the economy on the line can lawmakers finally get a deal done? >>> plus, expedia flying high. two toy stories rocking stocks and the tech picks that would upgrade your portfolio. less than an hour to the closing bell on this friday. let's start the "countdown." liz: some breaking news. honeywell just released