. >>> unilever is reportedly threatening to pull ad spending from google and facebook.he "sunday times "can reports unilever is demanding better information on the performance of online advertisements. unilever's one of the world's largest advertisers with brands such as dove and helman's mayonnaise. >>> facebook going hollywood, the social need ya company doesn't want to just be the pls go to connect with friends, it also reportedly wants to be the place people go to watch videos, longer ones. julia boorstin takes a look at what could be facesbook's next venture. >> reporter: netflix and hulu, watch out. facebook executives have been making rounds in hollywood meeting with the studios and talent agencies about creating all sorts of shows to be exclusive to facebook. >> if they don't start investing in traditional tv-like content, their growth will slow more meaningfully. >> reporter: facebook's vp of media partnership nick grudin saying "we're focused on episodic shows and helping all our partners understand what works across different verticals and topics. we're fundi

companies including apple, hewlett-packard and unilever published a full-page ad in the new york timesnd wall street journal urging donald trump to keep the united states in the 2015 paris agreement on climate change. accord is bad the for the u.s. economy. a number of top u.s. business leaders say the opposite, arguing remaining in the agreement would stimulate competition, create jobs and reduce business risks. >> business across the board has told the president stay in. they know it's very helpful for american business to have u.s. negotiators at the table. there are always issues that come up that can be difficult business and our negotiators defend our position in a way that's good for u.s. business. >> one of trumps august arguments for leaving the agreement is that it would hurt the u.s.: industry. on wednesday the stock market reported that coal shares have dropped by as much as 2.2% with forecasts adjusting the global backlash would further hurt the industry. exxon mobil is also pressuring trump to keep the u.s. involved in the agreement. giant told trump the paris deal is an

unilever. line, year yield is going to go to 2%. it is at 1% now. francine: thank you.roved rules for two , mobilizing as much as 17 billion euros to liquidate lenders. both would wind up under italian insolvency rules. jonathan portes. for joining us, chris. what does this tell us about how lenient the commission and eu are when it comes to bailing in and what does it mean for italian banks? the bail and malls makes sense. everyone agrees it is a way to go forward. you have to get to a starting point before you can apply those across the marketplace. there are problems around seeing is --olders and the eu where they can say from now on, it is mailings and this is what we will see. francine: what surprised you? >> there has not been a carve out. perhaps that is surprising. the bottom line is, think about went took over bear stearns and washington mutual. it was finding someone who could do it. francine: this goes back to the .eed for banking union there is little appetite for across the board. banking rescues have to take into account local politics and local conditions

into perceived safer stocks like british american tobacco and international household goods giant unilevertional same store sales overshadowed the retailer's strongest uk sales growth in seven years. the numbers appear to show that the small ticket. less discretionary spending is proving quite resilient. that's all the business news. thank you. headlines in a feud minutes but first let's cut up the weather. good afternoon. a pretty decent start to the day for many places. good spells of sunshine to ta ke places. good spells of sunshine to take us into the afternoon. we will ta ke take us into the afternoon. we will take a look at the satellite sequence which showers many places have had a decent day. cloud in the north—west been driven by this went from the south—west. bringing mild air. most places in the upper teens low 205. temperatures back a little bit in the north—west rehab that cloud and outbreaks of rain. lower levels of pollin. for much of england and wales pollen levels are high or very high. patchy rain for northern and western scotland this evening and overnight. variable amou

the difference in shares between unilever and nestle. up by .7% today.et's get right to the big story in the u.k. as theresa may strikes a deal to keep her grip on power with northern will support our government on key votes. the future of eu citizens in the u.k. >> this is a fair and serious offer. our obligation in the withdrawal treaty with the eu will be binding on the u.k. as a matter of international law and we will incorporate commitment into the u.k. law guaranteeing that we will stand firmly by our part of the deal. by simone are joined kennedy. arguably this portion of the negotiation would have been one of the easier ones because there is a reciprocity. the eu wants citizens to be able to stay in the u.k. with there be any bones of contention? >> there were lots. she gave the early details of her proposal which she hasn't really fleshed out much today despite a 20 page document. the issue for european leaders is short of what they want. the issue for european leaders in some cases european citizens will have fewer rights after brexit. there ar

there is a range of companies coming into play and unilateral was -- unilever was targeted.t journey. thank you. you have the emergency rules and a liquidation of lenders. it is great to see this morning. we talking about the euro package. with the size of this expected, was it bigger than what the market had anticipated? this is fundamental to facilitate the process with the popularity and there are 12 the dish euros as part of a state guarantee with the potential this was pretty clear yesterday. who couldmany people this is because withspecial fund set aside 20 billion euros and created in order to help some. >> thank you very much. that was the main headlines on the italian banks story. is with the black rock investment industry and she is still with us all stop two biggest stories have been setting the table. .et's do italy what do you make of the handling of the banks. show me the alternative. decided towards resolving that we are in terrible shape and we are loansng this mountain of and hindering the performance of the italian banking sector. there is finally some move

they just took money from unilever.it comes to blue apron and the toughest competitor, whether it's beating them to the market or not, it's going to be sunbasket and, as david said, amazon. all signs are to the green for ipos in general. this will be our first consumer tech listing since snap went public earlier this year. emily: alex barinka, thanks so much for joining us. techonomy ceo david kirkpatrick, you are sticking with me. shares of blackberry jumped in thursday trading, reaching their highest price in more than two years. this after citroen research said the company was likely a target for a buyout at a high premium. the report added blackberry security software for the automotive industry could be a good game changer in self driving car technology. twou has brought heavyweights to its side in the race to develop autonomous driverless technology. has finally found an executive to run its china operations. it has appointed a vice president in charge of its business in the asian nation. the job will be to help a

gap a similar kind of valuation to what you will get out there in consumer products group, such as unilever, they all seem to be settling at what are high multiples considering you have limited growth out there that is the problem. pernod ricard's most recent third quarter underlying sales in april up 3% it's okay, but it's not dramatic as well. what are the challenges? don't forget, sales of spirits in china took a real big knock a couple years ago on a corruption clamp down china's picking up again tastes are changing. demographic changes are changing did you know, according to one survey, the global market for alcoholic drinks was down 1.3% last year. the average over the last four, five years is 0.3% we are drinking less last year than we have been over the last half decade. that's nothing to do with the "squawk box" team which is keeping up their end of the bargain. they're finding growth through buying brands, lots of brands. you take the charts off the wall and show some of the brands. you wouldn't believe the stable these guys have got out there. absolutely enormous stables of alcoh

you saw what happened with unilever although they are not an activist 3 g operates like an activist ihink so i don't know jeff welcomed kneel vonn peltz into the company i thought that was a bit odd whether it was as friendly as i seemed to me, i don't know but maybe he gave him some good ideas. i encourage them to listen to those activists and sees if you can parse those out from short term monetary gains. we got get moving in ge and p and g. >> we'll leave it. bill george thank you as always for the insight. steven, tusa thank you as well >>> busy morning for uber. the company's board of directors as you know voting unanimously to adopt all of the recommendation of former ag eric holder following an investigation into allegations of sexual harassment to the company. kara swisher is the executive editor and breaking details on the story all weekend. kara, good morning to you. been watching your twitter feed as we work this morning and sounds like there's some debate about whether or not travis takes a leave. sounds like you know something >> i do. early this morning someone had tweet

always think about bunch, burrows, unilever, controlled data, and honeywell.romoting the fact that i have jenny mow pretty next week it's big week. not unlike february 24, 1944 when the allies did daylight precision bombing. that's it. daylight precision bombing next week. >> that's good. >> thank you for the hour. >> smoking >> "mad money" is tonight, 6:00 p.m. eastern time. dow is down 19 a lot of other stuff we haven't gotten to because we have been covering amazon buying whole foods for $42 a share. back in a minute over hereno!ver here! (dog barking) whoever threw it has to go get it. not me! somebody will get it... ♪ (dog barking) anyone can dream. making it a reality is the hard part. from the b-2 to the upcoming b-21, northrop grumman stealth bombers give america an advantage in a turbulent world. and we're looking for a few dreamers to join us. when this bell rings... ...it starts a chain reaction... ...that's heard throughout the connected business world. at&t network security helps protect business, from the largest financial markets to the smallest

and operating buybacks,get, share stream around your portfolio, this is pretty much exactly what unileverin their strategic review that they announced. to me that is taking a lot of the elements we have seen before . what i would say is do not underestimate the potential raft taking k companies out. that focuses your mind. you need to come up with an operational argument to your shareholders about what you are doing. kraft be still an aggressor? richard: they have taken steps. they are there, we know that. meet: you used -- said to keep an eye on joe kaiser. francine sat down with joe kaiser and we will hear more of that later. he warned about the short-term aspect of activist investing. an important is acknowledgment. more often than not when we see shares gowe see the up. from an investor perspective you need to question the intentions of the activist area from our perspective it is long-term shareholders. we want to ensure the activist is aligned long-term with what we want to see from the company. the comments yesterday were quite prescient in terms of what is going on. you need to lo

their money into perceived safer stocks like british american tobacco and the household goods giant unilever sainsbury‘s, ocado and tesco all down. and that's despite numbers from tesco today which shows it is is hementing its recovery in the uk after first quaurteder sales growth beat expectations. fresh food in particular helped tesco to boost the figures for like—for—like sales. that's all the business news from me for now. back to you, simon. thank you very much. let's get a weather update. a warm afternoon with good swathes of sunshine away from the northest r west where the cloud is thicker. elsewhere it is try with good spells ofshine for many areas. it is warm, in belfast 22 and 23 in london. pollen levels high as cross much of the uk. bear that in mind if you suffer from hay fever. the uk. bear that in mind if you sufferfrom hay fever. through the uk. bear that in mind if you suffer from hay fever. through the evening, patchy rain moving its way into the north of scotland. further dribs and drabs on the western side but elsewhere a dry night, clear spells and the breeze coming from

you have big international advertisers like unilever, procter & gamble.opefully we will see the markets at the end of the week. i found ifound a i found a website. there is a summer sale on black tables! you can never have enough black tables. enough. you are watching bbc news. the full round—up coming at fight weather. j winners on the other side of the newsroom. good afternoon. the weekend is most upon us. first of all, it is the last day ofjune. the met office have got some provisional statistics to suggestjim was quite warm. temperatures higher than the average. 34.5 last week. the hottest june day since 1976. also, quite wet. the wettest june june day since 1976. also, quite wet. the wettestjune on record in edinburgh. as we go to the weekend, it would be much drier and much brighter than it has been recently. particularly across england and wales. some sharp showers in kent and sussex. rain towards cornwall. spots of rain elsewhere. there is more coming in from the north sea. that is spreading south across northern england. some will get across into

you know, it's fascinating, you take ceos of companies like dow and exxon and unilever to progressive companies like apple and tesla. all the ceos dramatically, passionately came out, we need to stay in this ace cord. >> talk about that a little bit. elon musk is the ceo of one of those companies and happen to be on the president's economic advisory council. >> said basically he'd resign from any economic connections with this office. these are ceos of very disparate types of companies. i name them for a reason. there's a reason they believe in this. there's so much economic falter to what he said. when you look at this president, you look at three things that drive him. four things that drive him. particularly in this instance, he's always thought climate change is a hoax. anything the previous administration has done, he's out to destroy. anything basic global treaty goes against him. i said before, this is the first president in my lifetime, say, possibly, richard nixon, and george w. bush i disagree with, but he like clinton, like obama, like jimmy cartoer, sat in the office, felt

global prospective about where they would like to investment they therefore look at the likes of unilever. what about the other indexes which reflect more of the domestic companies, how is britain inc doing? there is major confusion as to what lies ahead. there is a expectation if the pound continues to weaken that will be good for all companies that will be good for all companies that export. however, the longer the uncertainty persists about what the route map will be towards a brexit resolution and a final terms of the way forward, the more markets are going to become worried. you members of thejuried going to become worried. you members of the juried there about sterling. we have seen this sharp fall, pretty sharp fall, 2% or 3%. if that goes on, you say it's good for company's exports, but imports may become more expensive? we should xhpt higher inflation. that's not such good news for living standards and therefore, we shouldn't be overly optimistic about the outlook for retailers. we shouldn't be overly optimistic about the outlook for retailersm case we start getting too myopic, w

. >>> and unilever is reportedly threatening to pull marketing spending from facebook and google thehat unilever wants the tech giants to provide more detailed information on how their online ads perform. >>> united states conference of mayors annual meeting is under way with over 250 u.s. mayors in attendance on the agenda, obviously, the things that we've been talking about on a national level. health care, tax reform, infrastructure, and much more. joining us from the conference right now is boston's mayor mardy walsh. and mayor walsh, thanks for being here today >> good morning, thanks for having me. >> obviously, these issues are important on a national level, but they're issues that affect your city, as well how do you come down on some of these issues when it comes to immigration? you've taken a very strong stance that counters what we've heard from prime ministesident . >> the u.s. conference of mayors, the bipartisan group of mayors, and some of these issues, on immigration issues for different reasons a lot of people feel the same way i do. a lot of it is trifen by economic

while this seems testimony per mental and cautious trade, which it is, the traders are saying that, unileverry type companies. neil: interesting. >> it is not out of favor. neil: thank you, nicole, very, very much. nicole petallides. as nicole touched on, puritying this or holding back blue apron is this amazon-whole foods purchase. the idea of delivering same stuff online to you. that could raise some hackles. not the blue apron thing but what amazon wants to do with whole foods. to a professor who says that amazon could be looking at some legal hassles here. professor, very good to have you. what would be the problem, they're encroaching in a business they shouldn't be or getting too big for their britches? >> first of all, antitrust challenge to the specific merger is really unlikely. i think everyone agrees on that. that is true not just because the trump administration is in control of antitrust enforcement. the obama administration very unlikely would have challenged this as well. i think hillary clinton administration very likely would not have challenged it. conceivably there could b

billion euros but had a down round and call off the ipo, then there's freshly, and achieve'd, and unileverme notable companies have gone belly you have spring once valued -- shut down, so did maple that was backed by david chang and launched to much fanfare, but if burned through cash quickly. and then there's munchery, once valued to $275 million it's gone through layoffs and recently -- but the company's ceo tells me that munchery was profitable in all of its markets in may, a first for them, he says what are the ingredients for success? industry watchers tell me many use conventional mail rather than kurtiers for delivery, driving down the operating costs, but some experts athe biggest threat mike the combination of whole foods and amazon thank you very much. >> as aditi mentioned freshly is one of those competing, just announcing $77 million funding led by nestle. michael wisetrack, the ceo and cofounder of freshry >> thanks for having me on. >> we were chatting before this is different from the meal delivery services that we were talking about in the context of blue apron these are co

. >> one look at unilever today. it announce it had wants more transparency from the likes of google and facebook. admittedly that's as much on performance metrix as anybody else and transparency and knowing where the ads are going is a big part of this. >> user-generated content is not pulling in the type of ad dollars that they were digital content or digital content in video is continuing to grow but not as fast as the pace as it was a year ago and not taking as much for the tv dollars as the tech companies would like, and i think that's the play here is to invest in content that they control, that's advertiser friendly and safe, but it's going to take a big investment. >> yeah. i mean, we agree. >> is that a big fear that they will have to spend too much and not get enough return on their investment >> exactly if they spend $3 million a show, yeah, it sounds like a lot and having a hit show is like winning the lottery. so many shows that come out that are complete flops and it takes a netflix type investment, ama

unilever-heinz issue that percolated out about six onths ago. what's triggering this?ou see these huge companies, kraft, union lever, you can keep going on, they don't have a ton of growth. push into o this what we call health and show s, but they're all the exposition. they're looking for new ways to ep expanding these businesses. and i think one thing that's eally interesting here in this situation, and moving away from that, the new c.e.o. they've he's the first outside nestle noiment over a century. shows us how entrenched this company was until very recently. not alone. union lever, same situation. what was interesting, bob, to loeb tends e, dan to invest in u.s. and japanese equities, and he dent this time. flow ort of speaks to the we've been seeing in europe. you look at the bloomberg here. this is the inflow into europe e've seen. just year to date overall, it's like over $20 billion flowing in. here do you feel like we are in this rotation? out of just had data germany, the business climate index, the assessment of rrent conditions in germany, in june, the hi

we want to build as much legacy as procter & gamble, unilever, we want to build an inspiring brands thatives. we distribute our products through amazon we have a core group of customers that are die hard fangs. we treat amazon as a partner and not a competitor. >> you don't look at a dollar shave club that has die hard customers. they got bought by a major consumer products company. is that sort of your playbook? >> no. for us, our core focus is on solving acute health and beauty problems that folks of color face that is our clear point of differentiation. we will not make shampoo for the sake of building shampoo i think it's a big reason why our partners like target, amazon, other folks in the space are -- >> your products are used by not just folks of color. >> that's right. >> what is your demographic? >> we focus on problems that folks of color over index on it's a problem 80% black men and women have and 30% of everyone else. >> hair care, breakage, porosity these are things people of color over index on but everyone has our point of indication is clear. >> you've already done shavi