past month we'll tell you the stocks that traders are still buying and later, the billionaire of tillman fertitta will join us to discuss the roping of some of his restaurants and how he is bringing people back to tables much more after this ♪ ♪ ♪ ♪ ♪ you know, the chef here trained in france. mmm, it shows! so good. oh hey, did you say you needed help with investing? because i know someone who's really great. and you trust him? totally. yeah. we went to school together. i'll check him out on investor.gov. so, what'll it be? i'll just have the burger. before you invest, get the full report. check out an investment professional's background for free on investor.gov. before you invest, investor.gov. >>> let's goet over to sue >> here is what we know at this hour new jersey is reopening more of its economy. governor phil murphy says elective surgeries can be scheduled to be performed starting next week beginning tomorrow, auto and motorcycle dealers can resume in-person sales. >>> members of the world health organization have unanimously passed a resolution calling for an independent valuat

it's tillman tuesday we had a thing called trump tuesday on cnbc way back when. house. i'm just saying. i'm just pointing it out we appreciate your point of view is all i'm saying. do you think it's going to last? what happens if people are in the suburbs and maybe that corporate customer. >> landlords have to realize as great as the business, sales are everything when you start talking about a retail store or manufacturing company, restaurants, thoehotel, when you're down 50%, that's huge when we report same store sales on cnbc and somebody is down 5%, that's a problem let's say you're a $5 million business and you're down a quarter of a million dollars this year. now you're not getting the leverage of those sales. that 250,000 is your more profitable money when you start talking about retail, restaurants, hotels, manufacturing down 50%, you're eventually going out of business it just depends on how much liquidity you have we have to fix this and get people moving around at some point when we know it's safe to get back in all these accomplishments or 21 is not g

what do you think of that, tillman? you couldn't go into china but i better not get you involved in it. you have got enough problems with -- >> are back up. we're doing business. >> asking a interesting guy that question. seriously look. they wouldn't let him into china. but they would let him into europe and led him into all over the world including the united states. lucky i did the ban. that is all i can tell you, lucky i did the ban. how about one or two more? reporter: how you're going to specifically make china be held responsible -- >> i'm not going to tell you that question. why would i tell you? go ahead. reporter: will they be held responsible? will you take steps for china to be held responsible? >> they should be held responsible for what they have done. they have hurt the world very, very badly. they have hurt themselves also. but they hurt the world badly. yeah, they should be held responsible. reporter: you tweeted recently this whole whistleblower racket is -- >> sure. i had a fake whistleblower. i had a

pulls the door shut and we're rolling and we get to he end of the runway and colonel tillman nips aroundike it's a piper cub, stomps on the brakes, powers up the engines. they're blowing. and lets go and we go rolling down there. i've opportunity aircraft carrier land examination takeoffs and the closest i've seen to an aircraft takeoff. and he gets airborne and stands up on the tail and i'm looking up at the president, yeah, i'm okay and he's looking down at me like this. but, almost we're heading up the west coast of florida, and the president says, we're going to washington. and the vice president calls him from the -- rumsfeld leaves the fires outside of the pentagon and goes to the command center and says don't come back. the president is not a guy who is -- has a temper but they're arguing whether or not to go back to washington. and they're saying, don't come. we don't know. may be some game with a shoulder launched missile waiting for air force one to come to final approach. the entire day was like. i'll tell one more quick thing and then stop. the president is sitting there, and

john tillman worked here for a while. for about 20 years, in fact. this is what he wrote in 1938. he is writing about the enigma machine. i don't need to introduce that. that is benedict cumberbatch over there on the right. he said in 1931, we were provided by the french, i'll come back to that in a minute, with photographs and directions for use of the german army enigma machine. there is an attachment on the front of the machine which does not appear on the model available to the public. it was commercially available, but not in the form the german army was using. this is the thing that tiltman is asking about. this plug board arrangement on the front. which was not available on the commercial machine. in the directions given, tillman goes on, do not fully explain the function of this attachment which is still not understood here. so this is 1938. the british do not understand basically how this german army model of the enigma machine works. he says, can the french be asking to tell us everything on the following points. "a," "b," "c," "d," so on. this is interesting. this is ri

. >> tillman, i appreciate your time.>>> basketball legend patrick ewing has tested positive for coronavirus. words of warning, bob costas my guest. chicago! "ok, so, magnificent mile for me!" i thought i was managing... ...my moderate to severe crohn's disease. yes! until i realized something was missing... ...me. you ok, sis? my symptoms kept me- -from being there for my sisters. "...flight boarding for flight 2007 to chicago..." 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. serious and sometimes fatal infections, including tuberculosis, and cancers, including lymphoma, have happened,- -, as have blood, liver, and nervous system problems, serious allergic reactions, and new or worsening heart failure. tell your doctor... ...if you've been to areas where cert

we've heard different things we've seen pictures of restaurants that have lines or are crowds, but tillmanor so ago talking about his restaurants and saying in texas even people didn't seem to be ready to go out what are you seeing? >> well, you know, i have restaurants in four different cities here in texas and in ft. worth we're seeing great crowds and responsible crowds at that people are coming in and keeping their distance and enjoying themselves i say this all the time about restaurants, what you don't realize what you miss about restaurants is the conversation you can't really hear, that stability that we're talking about that makes you feel like okay, everything is okay, there's other people enjoying themselves now, in houston, it's a little lighter. in austin, we're a little bit lighter. in denton, we're seeing people come out i think it's individualized by the city, depending on what they're hearing from their friends or depending on what they're seeing tillman has a big base in houston so i can understand what he's saying about people not coming out, but in ft. worth our restaur

we spoke yesterday with tillman. his -- he's not publicly traded, but most of his restaurants whether it's morton's or ocean air, they're all sit-down places. and those are going to have a harder time coming back, right >> they are, but there's a difference that's really important to understand. yes we love limited service and they have the best capabilities, but for casual dining or full service, april was better. may is even better and the distinguishing point would be those concepts you just mentioned at the very high end are tied to corporate spend. and that's going to come back much more slowly than the leisure check. >> that's a great point, nicole. it's kelly here. i wanted to ask about delivery for all restaurants which is obviously more important than ever but my understanding is it's not great in terms of how it weighs on profitability it's expensive you're relying on third party partners how is that going to affect companies that now rely on this more than ever >> it's actually net net neutral if you have

. >> of course it's a learned behavior and shirley tillman who was a former president of princeton and a microbiologist told me when she was younger and she was a scientist she used the closer eyes and tried to imagine a scientist and when she was able to picture a man as often as she could picture a s woman she knew that she was okay . and i told that story to another woman scientist who i was interviewing later and she said that's amazing because when i close my eyes i can't even picture myself. and i think that's what happens. i think those external messages become very deeply embedded in us. and i have a line at the beginning of the book is not just that we live in a patriarchy the patriarchy lives in us. we have accepted those messages. it's not just men who are causing a problem, it's that we feel it very deeply too. in terms of your question also about women being collegial i think women have always had to do the great work around. if you're not in power somebody else is in power and controlling your life, you've got to figure out how to make it work and so sometimes it does mea

directions given, tillman goes on, do not fully explain the function of this attachment which is still not understood here. this is 1938. the british do not understand base he cannily how this german army model of the enigma machine works. this is interesting. this is right before the outbreak of war. en that state of ignorance if you like goes on right up until pretty much the outbreak of war. it goes on right through until july of 1939. the brits still don't know the answer to these questions. so if they don't know how the enigma machine works, this raises a question for me. contrary to when you come away from the imtagitation game understanding and find the daily settings of the enigma machine, that design was ready and in the hands of the engineers by no later than november of 1939. something almost miraculous happened. knowledge has been just transformed in that time. and that's a puzzle. so what i'm going to talk to you about for the next few minutes is what is the answer to that particular mystery? i'm going to introduce you to my friends which are documents. i'm a geek, like fi

trump: tillman doesn't do that. i don't think you do that with your eight cows, right? [laughter] >> and different -- a little different. i am proud to be part of this community. pres. trump: what's the difference in butter? the difference in butter between what she sells you and what you would normally be able to buy, out of curiosity? >> it is extraordinary, because it is truly a seasonal product. the butter changes flavor and color depending on the season. in the spring, when they are eating green, grazing on the grass, the butter is a beautiful orange hue. in the summertime, it turns lighter, because they eat hey. pres. trump: mike says there's no comparison caminos -- comparison, he knows. and you probably pay less, right? >> i don't know. pres. trump: what you pay less, generally speaking -- would you pay less, generally speaking? >> i never talked about price, it's about quality. we are about quality and building relationships with people. i have buying diane's butter for almost 20 years. pres. trump: no kidding? >> she did tell me what time that she had to raise

you know, jim, i've heard that we see the pictures, i don't know if you caught tillman yesterday when he was on "power lunch. landry's is his company. landry's, they have sort of high-end and the casinos listen to what he said it's not about necessarily figuring out how to reconfigure your restaurant, he's still talking about people not showing up >> it's not just a social distancing, believe it or not, that has not been as big an issue as 15% to 20% of america is unemployed. 15% to 20% are scared of losing their job or holding on to their money, 15% to 20% are damn scared of going out in public yet. we're really not turning away the business at this point, but the business isn't there >> wow jim, that's a little bit different than the world you're discussing now he's a straightforward guy >> yeah, he has that big payroll, too but i'll give you the other side of the equation that people come on air that we know. look at the marcus lemonis's company, camping world holdings. you get a camper, you don't have to worry about staying in a hotel room it was interested with robert kapl kaplan

whether or not it's magr repers, em tillman, george cheney or george floyd, ahmaud arbery, breanna taylor. we have made progress but we have a way to go. people are protesting not just george floyd but the fact they have to go back to schools falling apart, dirty water, unclean air, you know, they can't get access to quality resources. so, america is at a tipping point. don't just go tell us to go out and vote. give us solutions to help improve our plight. >> it is fascinating to me that at the same time the two of you have books out that are about fundamentally what america is for black people, whether for black immigrants like yourself, congresswoman omar, or whether it is for african-americans who go all the way back, you know, and have enslaven as part of their legacy. i want to bring in the congresswoman for a moment. your book is called "this is what america looks like" and bak ari's book is called "my vanishing country." it's like two pieces of a whole. you almost need to read them together. tell us from your perspective, the community in minnesota is largely immigrant, as ali poin

by the way, speaking of traffic, i know you got tillman coming up ask him what he sees on the streets of houston that's an oil town, a restaurant town and i can assure you, that's a driving town and there's more cars on the road. >> we will do that thank you for the tip. just question. obviously demand as you noted seems to be drivinging it. the reopening means that more people are on the roads. there's more activity happening. what about supply? what's the latest? with all the cuts and whether that's going to enter into the equation again and just put more pressure on prices as we have seen so many times in the last few months >> it's completely flipped, sara it's amazing a month ago, we had way too much supply and crashing demand well, today, it's not quite the opposite, but it's close if you listen to opec, they say 17.5 million barrels, including the united states and g-20 nations. 17.5 million barrels per day has been removed some firms say it's 15, 17, depending on your number, demand is not back there yet, but demand is coming back. but supply cuts are far deeper than demand gr

tillman is as well. misbloomfield. >> i would be loath to guess what the number is but i think it will be significant. i think that your initiative to be thinking about an emergency plan because there will be some people who are newly unemployed who will not be immediately eligible for the existing lifeline program. how do we capture those people whose lives have just been upended and some of these are the same households with students who need access. i think it will be looking at the program in the long run, but it is in the short run doing something to get the support out the door. i will say, again, the keeping critical connections act will allow the small providers to main tan or increase speed to those consumers that will be a complement to the lifeline subsidy. >> thank you. >> senator, i totally agree you are on the right track. as i mentioned, we support the stay-connected voucher program. that would be a complement to the lifeline and the e-rate program. when you think about it, it goes directl

we have got to find out what the imhee is like look for numbers or talk to tillman.f landry's and owner of the rockets. we appreciate the pulse that you have on the economy. where are we at now as opposed to two months ago when we shut this thing down? >> well, it's great to get a couple of the casinos open and approximately 280 of the restaurants. and the casinos are starting off pretty good. the restaurants, it's a lot slower because your suburban markets are picking up a little bit. and nothing going on in big city urban markets. we all have hope but it's a long road back. brian: immediately had you to lay off 40,000 programs there was a ppp program. instead of getting help you got a million-dollar loan at 12%. is that paying off? >> well, i mean, that was insurance. and you need it and you want to put the employees back to work which has helped we have been able to bringback people back. when they put the ppp program in place it was for everybody certain little people didn't get it ahead of time. bigger companies get it. they realize there is an issue. there is s

. >> joining us now is leo tillman. he's the co-author of "agility."eo, it's great to see you specifically to talk to you about warren's comments because he's trying to assess risk and, i'll tell you, there was one moment during that virtual meeting that had on hand and he said it isn't that huge when you think about worst case possibilities. as somebody who spends their life thinking about risk, what did you think of his assessment? >> look, i think he's right on he's acknowledging a huge uncertainty that's facing investors, companies, government what he's thinking about is a range of outcomes that can come out of this andemic. as a matter of fact, i think he's doing a much better job than a lot of the companies and investors that we have spoken to who tend to be quite optimistic following the fed actions, following the stimulus they believe that any kind of global financial crisis will be averted so they're not necessarily thinking about the range of services and the way buffet has been handling it. >> well, when we speak with investors and companies

recognize the san francisco black firefighters association and especially their president sherman tillman for his leadership on this. and for working so closely with our office to move this forward. and also thanks to some folks who spoke up. it's been supportive of this, including in committee, and that includes local 798 president shawn beauford and the firefighter, and the representative keith baracca, and member gloria barry and the many other firefighters and the community leaders who have spoke publicly in support of this effort. i also want to recognize jen snyder and preston gilmore on my staff who led the community outreach. we're very eager to move this forward and we hope to have your support. and earl gage jr. moved to san francisco in 1945 and graduated from berkeley and was drafted into the army. and he was hired by the san francisco fire department and he at that time became the first black firefighter for the city of san francisco. for 12 years he remained the city's only black firefighter and he continued in service in the department for nearly 30 years. throughout his te