but reality has now set in. >> these upstarts didn't have any income.s of dollars. where's revenue? they didn't have any. >> when the venture capitalists stopped putting money in, you could time the bubble. you could say you know, if we all believe this fantasy it works. if some of us stop believing, it's a prelude to its failure. >> most dot-com retail companies will be out of business by next year, eliminating 25,000 out of 30,000 internet companies. >> what sort of message do you have for all of us as we look at what's happening to the dot-com businesses and the stock market? >> don't invest in dot-coms. >> the internet opened up a lot of things for people. it made things easier for people and that didn't change. bubble or no bubble. >> with more than one billion web pages out there, millions of web sites out there on the internet, no wonder the most common activity on the web is still searching, trying to find the information you're looking for. there really hadn't been very much new in the search engine field for years until something called google

a lot of these upstart say it is time for upstart change at the top?is chuck schumer's best recruits. she is the best -- >> shannon: not voting for him. >> this is politics. this is arizona. democrats' best chance, jeff flake is retiring, republicans have a gross primary, they are at each other's throats, some of the people are quite interesting. on the democratic side, she's got a clear path. she's also a moderate democrat. now she knows she's in arizona, a state where she is going to need some trump voters to cross over. she will need either some trump voters or some moderate republicans to cross over and vote for her in order to get the job that in arizona, not going to be enough to count on base support alone. chuck schumer is in a difficult position. they can turn them into nancy pelosi. it happens quicker than you think we do go from "everything's okay," to "you are the most detested man of politics." these guys should ask the republican counter by counterpart, john boehner, smoking a cigarette and drinking ability mary sitting somewhere nice i'm

. >>> an emerging turf battle is underway betwe cities and upstart tech companies like air bnb that have beenapitalizing on the wild west landscape of the share econom it's valued at $31 billion, currently worth most of publicly traded hotel rivals. gigantic growth means big growing pains at the same time. >> air bnb unwelcomed guests is our investigation into that class between illegal short term rentals andtr rted regulations. they've worked with cities o craftthe world reasonable regulations. but not in miami beach, where the fight has no end in site. morgan brennen has that story. >> it's 9:00 on a saturday night, and we're ridingg al with miami beach code compliance. on the look out for illegal short term rentals. >> what are you looking for >> hopefully we can establish contact if it's o determine what is a violation. >> code compliance officer have seen it yl. large nois late night parties in residential neighborhoods. commercial shoots with a home investigated for short termnt complaints. and unwitting tourists who say they unknowingly booked air bnb's in prohibited areas. >> aap

upstart i -- up starting a series of columns he would use on a biweekly basis in which he starts talking about the importance of this black salute and how he had been inspired by tommy smith and john carlos, and what it meant to him as an american athlete, but first and foremost as a student who was thinking intellectually and how to take these ideas and help disburse them to others. his first columns were not -- they weren't necessarily well received on campus. there was a lot of hate mail that was written in, some of which was published. he received a few threatening conversations from other students. this is at a time when there is quite didvisiveness on campus. he was writing about how you could still be a patriot and speak up and say what you had to say about the subject, and being an athlete did not mean you had to stay in your lane, which is a phrase used today goes. >> we were touching on the whole time how the media reacted to activism of people in sports, and just the activism of athletes in general and the public's response to that. and frank had mentioned to me something that

he's got a new book, "unscaled, how ai and a new generation of upstarts are creating the economy of thee." i have written down what you have said, and that is, "my entire investment philosophy is centered around unscaled." so, you better explain unscaled. hemant taneja: sure, so, i moved to silicon valley in 2011, and the pattern i started noticing was with founders are going after reimagining major pillars of our society, education, finance, healthcare, insurance, you name it. they used to sell software through these industries, they could never actually take on the idea of actually replacing major industries that have been around for a hundred years. so, the core thesis behind this book s that scale has actually run its course. are we happy with our healthcare system? are we happy with our education system? are we happy with our banking system? two-thousand eight will tell you we weren't. are we happy with the government? i'll let you guys ponder that. so, the reality is, all these systems that have been-- that have done great service to society actually are reaching a breaking point.

. >>> california has enforced new regulations for the upstart of marijuana businesses which could be in short supply. the state is beginning new testing requirements for packaging and labels. packages will have to have warnings and ingredient lists. >> we knew this was coming but we are always trying to catch up with the new regulations. >> reporter: state and local lawmakers have been scrambling to regulate recreational marijuana since it became legal at the start of the year. >>> more trouble for facebook this morning, revealing it grteaccess onmation af 2015. diane king hall is live with that story at the new york stock exchange. good morning. >> reporter: good morning. stocks finished slightly higher friday but anxiety over trade pulled stocks lower for the week. ultimately the dow rose 55 points, nasdaq up 6. facebook gave dozens of companies access to user data for six months in 2015, at odds with their previous public statement that it restricted personal information by may of that year. >>> a warning from general motors. tariffs could cause it to scale down and lead to fewer

you have the upstarts like coinbase and others who, all the time seem to be making inroads to resemblegacy banking institutions, more legacy brokerage institutions, and you have circle and square. on the other hand, you have legacy organizations with for a long time were skeptical about the whole space and dipping their toe into providing crypto services. it feels like a bigger battle is coming and not clear which will win. i am curious, there is a debate about how this space will it centricwhether bitcoin or room for a lot of different coins. do the institutions that are signing up early on for the new coinbase service, how interested are they in holding a multitude of different coins? adam: great question. spot on. clients want us to expand to more countries and add more access. we have four assets, bitcoin,. , bitcoin cash, we plan to add more. that is at the forefront of our monochromatic. -- model roadmap. but want toh four expand to asia and offer new assets. going --price of that bitcoin has been on a steady the going, is this needed -- steady, is this needed? alwaysarkets are n

obviously, you have upstarts like coinbase and like others who, all the time, seemed to be making inroadsmble banking institutions. so you also have entities like circle, square. havee other hand, you these legacy organizations which, for a long time, were skeptical about the space. it does feel like a bigger battle is coming and it is unclear which side will win. something i am curious about is there is a debate about how this space will involve. whether it will be bitcoin centric or whether there is room for lots of different coins and protocols. i am curious whether the institutions that are signing up early on for the new coinbase service, how interested they are in holding a multitude of different coins. adam: great question, and it is spot on. what we are hearing if they want us to expand to more countries and add more assets. right now, we are supporting for assets -- 4 assets. with plans to add more. colleague at bloomberg announced today with the introduction of this, we are starting with four assets but with plans to expand to asia, we will offer many new assets. brad: i will gi

. >>> today california begins new regulations for the upstart marijuana industry. as a result, some of those businesses may be in short supply. the state is beginning a packaging and labeling requirement. packaging will have to include warning labels and ingredient list. products that don't meet that state law cannot be legally sold. >> we knew this day coming but we're always trying to catch up with the new regulations. >> state and local lawmakers -- the city of el cerrito may get its first marijuana proposal. there's a -- the operators would contribute 5% of the gross revenue to the city. the public has until tuesday to submit written comments before final decisions are made. >>> if you're on highway 4 in contra costa county last week, you may have heard gun fire but it was apart of a test. new shot spotter sensors are set up between pittsburgh and antioch. there's been 136 shootings in costa county county and the censors are supposed to show where -- >> when shot spotter detects shots fired up on the freeway, shots spotter actually moves the cameras in the dire

it will really heat upstarting today for some of the inland valleys. i guess i should say continuing today. here is a live look. beautiful sunrise. we had the red hughes in the skies. let's go to pleasanton. it will be hot there. at 8:00 we are at 63 degrees at noon. it is 83 degrees and at 4:00 it is 95 degrees. make sure you're ready for that. stay hydrated even if you don't feel thirsty. keep drinking the water. we'll top out at 89 degrees. for the east bay it will be up to 98 in danville today. oakland 76 degrees. cool for half-moon bay. redwood city reaching 80 degrees. upper 60s and low 70s for the mission district. the north bay will reach up to about 86 degrees in sonoma. if you have beach plans there may be high sneaker waves at about 4 to 9 feet today as well as tomorrow. the waves could look fine and a large one washes up on shore. there will be the risk of rip currents. if you get caught in one swim parallel to the shore. once you get out you can come back to the shore. no swimming. maybe just enjoying the sun, dipping your toes in the wave

have two different clusters of companies reaching towards the center, so obviously, you have the upstartbase and like others who, like all the time seem to make into roads to resemble more legacy banking institutions and broker institutions. so you have entities like circle, square, and on the other hand, you have the legacy organizations which were very skeptical about the whole space and dipping their toe into provide crypto services. it feels like some bigger battle is coming, and it is unclear what will win out. curiously from adam, there is a debate about how this whole space will of all, whether it will be very bitcoin centric or whether there is room for lots of different coins and protocols. i'm curious whether the institutions that are signing early on for the new coinbase service, how interested they are in holding a multitude of different coins. adam: that is a great question and spot on. our clients want us to expand to more countries and add more assets. right now, when we launch, we support for assets. and we haveereum, plans this year to add many more. that's at the forefr

the billionaire upstart telecom business alliance geo reported a third straight order of profit.ir first quarter profit to a loss of $700 million after more than $1 billion in u.s. fines. the telecom equipment maker had already flagged losses from the penalties in the first half alone. they are getting back up to full speed on resolving the ban on purchases of critical american technology that shuttered its factory. reported bumper quarterly earnings even as the trade war threatens to derail global growth and crimp demand. net income of the heavy equipment maker was $567 million, double the figure from a year ago. komatsu affirmed a view of full-year profit at $2 billion. one of the big names reporting earnings in the u.s. monday ,ession is a competitor caterpillar. it is viewed as a key bellwether for the strength of the industrial sector. su keenan joins us. caterpillar really has taken a hit because of the trade tensions. su: the stoxx are beaten up -- stocks are beaten up. take a look at how we have wins.med in a quarterly that is the story, some analysts warning this could b

and as a city we must commit to the equity program and helping upstart businesses, particularly those that are finding themselves -- making their homes in communities of color, and have the same -- making sure they have the same opportunity as those with better networks and better access to capital. and this means that funding for workforce development as we have heard supervisor safai talk about. workforce funding. this means funding for staffing, for a permit expediter in oewd. and this means ensuring that there's funding to support the legal aspect and the navigation of the regulatory procedures. this includes loans for tenant buildouts to meet zoning requirements. not to mention that we've got a long way to go when it goes into building our compassion program. now compassion programs is something that you may be familiar with or not familiar with. in a nutshell it's a simple -- it's simply -- it subsidieses cannibas as a medicine for low-income and for struggling patients. and, frankly, this compassionate program is at risk under the new regulatory scheme of not surviving. san fra

. >> a lot of upstart status time for change at the top. >> he is chuck schumer's best recruit.annon: but not voting for him. >> it is politics. this is arizona, democrats best chance, jeff flake is retiring, republicans have a grow so primary, they are ready to this throats and some of the people are quite interesting. on the democratic side she has a clear path and is also a moderate democrat. she is in arizona where she needs trump voters to vote for her. some trump voters or some moderate republicans to cross over and vote for her to get the job done in arizona, not enough to count on the base alone. chuck schumer is in a difficult position, they can turn him into nancy pelosi and it happens quicker than you think of you go from everything is okay to you are the most detested man in politics. these guys should ask their republican counterparts, smoking a cigarette drinking a blood he marry somewhere. somewhere sunny with golf, paul ryan soon to head back to wisconsin. that is over for him. republicans consumer feedstock of leadership quicker than the democrats but when it st

not by an upstart. the my adidas song, i didn't want to just do a song about i'm dmc and i got money and more sneakers than you. we wanted to do a song about our favorite sneaker. it was like these sneakers were a part of us. everybody always wants to know why my adidas and not my pumas or my nikes. nike didn't raise an eye withdraw to me because it was only about adidas. >> they drew inspiration from an unlikely source, a 50-year-old european shoe brand. >> it was a subtle expression of strength and power. but adidas, they were invincible. you could get one pair of adidas. all you needed was a toothbrush and some soap and you could have one pair of leather adidas sneakers survive for maybe two years if you took good care of them. we related that to our durability of surviving in the ghetto, in the hood, in the mean streets of new york city. >> shell toe adidas no laces is an iconic thing. so in 1986, adidas is in the toilet bowl as well as sales in america, 2% market share. and a curious executive flie

. >> upstart 49ers. >> joe montana. >> watch this. watch this pass and catch. >> three defenders coming down on montana. throws it way up there. dwight clark arches his back and catches it. so they could beat the dallas cowboys giving them -- look at the fashions there, too. >> they were giddy. >> all season. that was the beginning of the 49er dynasty and really set this into people's brains, etched into memory. >> you have seen it, so many posters and pictures and you can watch it again and again. >> you're so young that you know it because we talk about it. >> i've been here a long time. >> also important to note that eddie's ranch in montana and fitting, it's montana with clark. >> oh yeah. no kidding. >> so gracious for the family to do that, as well. >> also well loved in the bay area. a nice moment of history. check out nbc bay area.com following stories like that and the continuing saga of that thigh soccer team. i'm watching the updates with -- >> we're very hopeful of that. we continue to follow that. thanks a lot, mike. >>>

they have leadership that's tone deaf and they will allow upstarts to take over the party and send ite wrong direction. tammy: nancy pelosi raises the most of money for democrats as does paul wrien for the republicans. but americans want results. this is the end result of democrats, people with ideas that destroy things. the rebellion on the right created an environment where we have this remarkable reformation in the country. but lieberman is correct. if they are serious, they need to stand up against it. charles: ladies, thank you very much. appreciate it. up next the russell 2000 back to its winning ways. it's the best proxy for the u.s. economy. and now for the rings. (♪) i'm a four-year-old ring bearer with a bad habit of swallowing stuff. still won't eat my broccoli, though. and if you don't have the right overage, you could be paying for that pricey love band yourself. so get an allstate agent, and be better protected from mayhem. like me. can a ring bearer get a snack around here? charles: comcast dropping its pursuit for 21st century fox ending the bidding war with disney. bu

they would be challenged, not by an upstart. ♪ >> when we did the adidas song, i didn't just want towanted to do a song about our favorite sneakers. by us loving our adidas so much, they were a part of us. >> everybody always wants to know why my adidas and not my pumas or my nikes. >> nike, like, didn't even raise an eyebrow to me because it was only about adidas. ♪ >> they introduced hip hop style to the mainstream in the '80s and '90s. they drew inspiration from an unlikely source, a 50-year-old european shoe brand. >> it was a subtle expression of strength and power. but adidas superstar, the model that was invincible. you got one pair of adidas. all you needed was a toothbrush and soap and could have one pair of leather sneakers survive for maybe two years if you took good care of them. >> we related this to our durability of surviving in the hood in the main streets of new york city. >> adidas, no laces, one of the iconic symbols of hip hop culture, remitting run dnc, the greatest group of all time. >> one, two, three. >> in 1986, the company was in the toilet as far as sales i

so obviously, you have upstarts like coinbase and like others who every, all the time seem to be makingds to resemble more legacy banking institutions, more legacy brokerage institutions. and so you also have entities like circle and square. and then you on the other hand you have these legacy , organizations which, for a long time, were skeptical about the whole space. an sort of dipping their toe into diving into crypto services. it does feel like some sort of bigger battle is coming and it is unclear which side will win. something i am curious about from adam is that obviously there is a debate about how this whole space will evolve, whether it will be bitcoin centric or whether there is room for lots of different coins and protocols. i am curious whether the institutions that are signing up early on for the new coinbase service, how interested they are in holding a multitude of different coins? adam: joe, it's a great question, and it is spot on. what we are hearing from our clients is they want us to expand to more countries and to add more assets. right now when we launch, we are

that is not the sort of thanks democratic upstart, alexandria ocasio-cortez wants to hear. she is the socialist who upset joe crowley is the democratic primary last month. >> i would support impeachment. i think we have the grounds to do it. >> the big question now is whether or not democrats will continue to ramp up support for impeachment despite president trump's reversal today. >> thank you very much. for the democrats, there is no bigger story than claiming russia flipping the election in favor of president trump, a man they are now labeling treasonous. many democrats are unable to understand why some 62 million americans voted for the then real estate tycoon. the president insists that russia was successful in effecting the actual outcome. they want to be clear russia had some kind of impact. >> russia's impact had no impact at all on the outcome of the election. >> the russians most certainly under the direction of vladimir putin interfered in our election. after yesterday, and the reaction from yesterday, it would be hard to argue that a putin was not successful. >>

and you know, you also had sort of upstarts.ckerberg created facebook in the 2000s in his harvard dorm room. >> farhan manjoo, thank you so much for the discussion. and be sure to tune in. "the 2000s: the idecade" airs tonight at 9:00 p.m. eastern right here on cnn. coming up, caught on tape. airirrefutable evidence of a thirsty president. >> they don't have any -- >> get me a coke, please. >> they don't have a legitimate purpose. stadium announcer: all military members stand and be recognized. no matter where or when you served, t-mobile stands ready to serve you. that's why we're providing half off family lines to all military. i knew at that exact moment ... i'm beating this. my main focus was to find a team of doctors. it's not just picking a surgeon, it's picking the care team and feeling secure in where you are. visit cancercenter.com/breast welcome to holiday inn! thank you! ♪ ♪ wait, i have something for you! every stay is a special stay at holiday inn. save up to 15% when you book early at hollidayinn.com save up to 15%

separately, the upstart telecom business jio reported a third straight quarter of profits.roject of the coast of western australia, the government expecting to begin shipments toward the end of december. they say it is the world's most expensive energy project. -- fell the most in more than two years on friday, but lower electricity rates led to power sales dropping by $231 million. quarterly operating profit fell 19% from a year earlier. they cut rates for customers last august and again this month as it restarted its nuclear plants. the utility says it is continuing to lose low-voltage customers. @tictoc, theunched first global news network design for social media, offering live coverage provided by bloomberg. job on twitter and follow us. ♪ ♪ >> it is time for battle of the charts. they're going to do their best and bring their best charts. they vie for this prize. you can see these charts by going to the gtv number on the bottom of your screen. theo by chart shows how stock market performance and earnings have decoupled this year. you can see on the top line, analysts h

. >> i am struck by this image today of the upstart aol gobbling up this media institution time warnerldn't it be the other way around? >> well, it's sort of startling that a company that couldn't even buy beer is now buying one of the oldest media companies in the country that took a century to get this big. >> we're just scratching the surface in terms of how great these products can become. whether it's the internet, the way you communicate with people. software is in its early stage. there are some real advances that are going to make a big difference. >> microsoft in the beginning of the decade with their operating system and their productivity software was still very, very strong. >> microsoft chairman bill gates calls windows xp the most important tool that's ever been created. >> at the time microsoft was 33 times larger than apple. apple was seen as a second or even third-tier technology player that had essentially lost the way. >> we have a 5% market share. and you could say that doesn't sound like too much. but we look at it as saying kind of 5 down, 95 to go. >> in 2000 ste

and then they started having these exchanges with this brand new upstart gun group in russia with butinas the sort of comely founder of this. she became -- she followed in torsion's path and became friends with all the same people. they got john bolton to cut a video for them. the tentacles of this thing went really far and wide. it was sort soft so slow and so convincing they invited these nra folks over to russia, lots of vodka, we all love guns was the idea. and then all of a sudden everyone's deeply compromised. and this one guy american, the u.s. person got especially compromised as we can tell from these latest indictments. >> it's an extraordinary set of allegations, as always, they remain just allegations because they haven't been proven in court yet. but they do have some evidence and you had reporting to begin it all off. it's extraordinary, tim dickinson, thank you so much. >>> up ahead, how are republicans defending trump on russia? and first, very important, donald trump's supreme court pick under fire for some new tape. we're back in just 30 seconds. (man 1) i read that the

some of these young people on not all young but they are younger, the democrats who are running the upstarte herbal tea party sort of like in 2010 when you all came in and said we want to change things what advice if they want to actually change things from their perspective, what would have hae you done differently. >> i would have done everything i would have done. did i not sell my soul. the quote that you said in the beginning, a lot of people sell their soul. they sell their vote when they get there that's the only way you are going to get into the right committees. that's the only way you are going to get fundraising help. that's the only way you will get your will heard on the floor. what i am going to tell anybody who is going to be a new member of congress is to never lose your soul. never give up on the promises that you made to your constituents. don't go to washington and do one thing that is different that you said to your constituents that you were going to do. whether you are from the right or from the left, make sure you keep your commitment. i'm leaving congress knowing tha

an upstart winning 42% of its lyraces, that's actu not bad.appens when you take a closer look at the districts where the bernie wing is actuallyinng? only one of those 14 race is rated conservative by our friends at the cook political report. each then the republican candidate is favored win. the majority of the bernie wins re coming in safe republican districts like georgia's first and a few are in safe democratic districts where the democrat would win regardless of who won the nomination. think of ocasio-cortez and new york's 14th, for instance. in otherwords, these are not the districts where control of congress is being decided and not a way to prove that the movement can win over middle of the road voters in swing districts. so what about the districts ryere the democratic establishment is cg the day? well guess what, of the 19 districts where establishment candidates have prevailed over urrogate progressives, 11 are rated competiti cook. these are some of the races democrats have to win if they going to take control of house in november.

in effect, the larger firm is buying out this promising upstarts before it could grow to become a much more serious competitive threat and in the face of the ftc challenged the parties abandoned their deal. both of these cases were big wins for u.s. consumers. but they also show how the commission can use its existing authorities to intervene in the factually grounded economically nuanced way even in fast-moving high-technology markets. in addition to the merger also bought a number of important contact cases including several challenging anticompetitive behavior by drug manufacturers. and finally our economic liberty task force, which i launched last year has helped a spotlight on unnecessary or overbroad occupational licensing which often disproportionately harms those near the bottom of the economic ladder and burdens for military families. so thank you for your time, and i look forward to questions. >> thank you for your testimony today. commissioner phelps, you are recognized for five minutes. >> thank you. chairman, ranking member schakowsky, members of the subcommittee. thank yo

samsung, andss for that was largely blamed on chinese upstarts and some asian competitors.that really something that apple needs to worry about at this point? tom: historically the answer is no, because most of the products are competing at at the low or mid-end of the market. on a near term basis there is not a lot of competition in the premium category within smartphones, so i think apple is great shape there. ramy: great stuff. we will have to leave it there. forte, thank you very much. we want to bring an alert to you, as donald trump continue speaking live in tampa, florida, talking about jobs and employment workers. glossing --ngs crossing the terminal right now, pieces this deal industry in the u.s. is seeing a big revival. of course this is also the tariffs he has announced for the industry. donald trump has also touted, buy american and higher american, perhaps a new slogan. cheering.eing folks one interesting thing comes up on the topic of soybeans, possibly saying that they want to make soybeans great again. he wants to get it back, he says. haidi: i think you an

he had never raised more than a thousand hundred dollars before as a senator but he had this young upstart, running against him, somebody named haley barber, who y'all may remember. mississippi, and he had other roles within the republican party. and so some lobbyists and to him and they said, look, you're going to have here, and lot of money it's the only way you'll be able to beat back this challenge. what are you talking about? of million ouple dollars. change now, but stennis raised a of money. he looked at the guy and said, you know, how on earth am i to raise $2 million? and the consultant said, well, know, there is a lot of these industries, defense others, in thend defense industry that your over,ttee has jurisdiction you ought to talk to the people that represent them and see if to would be willing contribute to your campaign. account, to the stannis, who was sitting behind is desk got sort of deflated, and he sat there for about 45 seconds. kind of deep in thought. and then he looked up to the said, would that be proper? we've gone on a 30-year tretch from the time where the cult

mobile payment and processing sector filling up fast with big banks taking on the likes of one time upstarts e mb pay pal and venmow. thnuer one payment analyst in america breaks down the sector for you. >>> welcome back to "the closing bell." it is a pretty broad based sell off. ten out of 11 are lower right now. energy materials and industrials are the biggest losers. utilities are the only bright spot. >> and a big winner lately. >> as yields sort of stay lower. >> pfizer postponing its drug price increases after an extensive conversation with president trump. megan terrell back with more. >> earlier this morn pfizer raised prices on 41 of its medicines. some by as much as nine percent and the move was seen as kind of a bold one. the drug companies were going to enact voluntary massive decreases in the price of drugs within two weeks. when nothing happened more than a month later it appeared to be business as usual. not so fast. this week trump criticized pfizer and pfizer said it would roll them back at least until the end of the year. the reversal was so surprising it caught the attenti

never raised more than a couple hundred thousand dollars before as a senator, but he had this young upstart, aggressive guy running against him, someone named haley barbour, governor of mississippi and had other roles within the republican party. some lobbyists and consultants came to him, to stennis and said, look, you have to raise a lot of money here. and that's the only way you can beat back this challenge. stennis said, what are we talking about here? they said, a couple million dollars. chump change now compared to the cost of senate campaigns. but to stennis, this was a huge sum of money. and so stennis kind of looked at the guy aghast and said, how on earth am i going to raise $2 million? and the consultant said, well, there's a lot of these industryings, defense corporations and others that are in defense industry that your committee has jurisdiction over. you ought to talk to the people that represent them and see if they would be willing to contribute to your campaign. and according to the account, stennis, who was kind of sitting behind his desk, got sort of deflated and he sat

. >> the other problem is the online upstarts like dollar shave club bought by their competitive unileverhares did return around on the up beat note but down 12.5% this year. >> hanging in there around 80.62. when we come back, the federal reserve kicks off a two-day policy meeting we'll check in with former chairman alan blinder in a moment and a look at the estate that is breaki ror wn rur ngecdsheweetn. >>> good morning, everyone, here's your cnbc update for this hour the trial of paul manafort getting under way in a courthouse in alexandria virginia this is the first trial for robert mueller since his appointment more than a year ago. >>> a roadside bombing in western afghanistan killing at least 11 people on a bus, including women and children more than 30 were wounded. the bus was on its way from harat province to kabul. no group immediately claiming responsibility for that attack. >>> a philippino soldier and four villagers killed by a bomb that exploded in a van that troops were inspecting in the southern province. the blast occurred after militia men flagged down the van at an in

without nancy posey has put back the younger upstarts --dash mark. >> democrats should not be runninghe only thing that matters is the mueller investigation and the special counsel investigation and that needs to go forward and come to a conclusion we should not be talking about whether and trump his culpability for people around them culpability until that investigation is completed. what democrats should run on his support for the investigation, protecting the investigation, protecting mueller and making sure the president trump does not interfere or abstract. charles: thank you all very much. coming up, coral rope on how republicans can change the subject and more on the economy. we will explore all of this tonight on my show at 6:00 p.m. eastern right here on the foxbusiness network. with tripadvisor, finding your perfect hotel at the lowest price... is as easy as dates, deals, done! simply enter your destination and dates... and see all the hotels for your stay! tripadvisor searches over 200 booking sites... to show you the lowest prices... so you can get the best deal on the rig

we can see this maverick strategy in which the upstart challenges an incumbent in many countries. it was used against t-mobile in germany, as well as in japan. now, the study of antitrust has been revolutionized by chicago harvard's game theory and behavioral economics. we have moved away from bright line rules because of too many false positives. now we put greater focus on the empirical evidence of competitive effects. some fear this merger would create collusion but mavericks by definition don't cooperate. particularly when you don't have standard products or strategies. and there's no guarantee that the market would not reduce to three networks anyway. if the cable company could buy sprint or sprint could go out of business. it's a real risk for them if they're not acquired. now, some assert today that we have this competitive market because doj rejected at&t's bid for mobile. i disagree. doj said at&t reached maximum sufficiency and couldn't get more value. they based their assumption on 2g and 3g before the launch of iphone or 4g. now we have a decade of data to prove otherw

some are asking what this means for upstarts like bitcoin.ing up, getting a high heel and a high price tag. back in a minute. ♪ let the sun shine in. ♪ this is no ordinary coffee. it's single-origin kenyan coffee from the nyeri highlands, 6,000 feet above sea level. but how do you really know that the beans journeyed to the port of mombasa and across the pacific? that you can trust they're 100% authentic? ibm blockchain. a smart way to track every step, ensuring this coffee did indeed come from 6,000 feet above sea level. and not a foot lower. ♪ ♪ maria: welcome back. a manhunt is under way in north carolina this morning after a sheriff's deputy is shot during a traffic stop. cheryl casone has the details. cheryl: the deputy is out of surgery after he was wounded on sunday night. the sheriff's office says the suspect took off from the scene after shooting the deputy just below his bulletproof vest. investigators are not releasing a motive for that shooting at this time. meanwhile, some incredible video of a cop in has vega, shooting through h

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always been a needle over there was always been a needle over the older services and the fledgeling upstartsterday evening has died in hospital. the man, believed to be 34 years old, was involved in a collision with the truck at queens circus in battersea at around 5.45. emergency services treated him at the scene and he was taken to hospital but died over night. some residents living near luton airport have dismissed a consultation into its expansion as meaningless. airport bosses say if it expands, thousands of newjobs and hundreds of millions of pounds will be added to the regional economy. it wants to reach 38 million passengers by 2050, more than doubling capacity. but some living underneath the flightpath believe the consulation is no more than lip service. it says, "can you please rank for us the benefits of this expansion?" but nowhere on here can i see a way of saying, i don‘t think that is a benefit, i think it‘s a disbenefit to people in this area. there‘s nothing in here where it actually asks you the straight and honest question, "do you think luton airport should be further ex

sector has really been shaken up over re ce nt sector has really been shaken up over recent years by upstarte have also heard some figures out saying that consumer spending is at because we are gripped by world cup fever. is england's progress in the world cup, as it had a significant impact on the economy? i think it is having an impact. just listening to your report about those fan zones, people congregating and drinking large quantities of beer. i have seen people wearing england merchandise. so retailers have had the benefit. also in terms of broader consumer spending. so if england continue to progress tonight and into sunday, one suspects that the impact on the economy will continue to be positive. not if, when. thank you very much. shall we look at the markets? the ftse is down, as we said. concerns over the china and us trade war. but keep an eye on that. those threats of fresh tariffs came last night. markets will probably recover a bit. lots of news happening. donald trump, tomorrow he's coming to the uk. and the brexit white paper on the future eu relationship is due to be publish

. >> microsoft has a long history of feeling threatened by hot, new upstarts.argue that bill gates' game plan was world domination. >> these guys can be taken. but the only way we're going to take them is by studying them. know what they know. do what they do. watch them, watch them, watch them. take every one of their good ideas and make it one of our good ideas. >> microsoft came down and essentially said to netscape, hey, you know, we can be friends or we can be enemies and, if we're going to be friends, that's great. you'll get all the advantages of working with microsoft in a million ways and you'll be on the home screen of a lot of computers. or we can compete. and if we're going to compete, we'll do basically whatever is required to kill you. >> some people believe you have an infinite appetite for power that you're the embodiment of a button in the 1980s that says, i want it all, and you want to eat up your competitors. is that unfair? >> it doesn't ring any bells with me. are you done yet? does it look like i'm done? shouldn't you be at work? [ mocking