children's product, the viacom music product, and some other viacom content inside of a cbs all accesst's kind of ironic mt sense th when all this talk started it seemed like one side or the other was going o'get a raw deal cbs's shareholders did not want to take on viacom. in this current media world it seems like you might as well have a breadth of networks to figure out what to emphasize, what to kill and to create some kind of bundle of your own >> this absolutely will add to the bundle cbs viacom can offer. but frankly more important there's one guy who didn't want the merger we have one major shareholder, the redstone family, that's been wanting this merger for the last two years. now they're going to get it. there's no stopping it it's clear that one of the reasons in my opinion they couldn't find a new ceo to take over cbs is because these merger negotiations are close and pending. and they've got to put it together whether it's bob backish when of course was just out at the milken conference. >> viacom ceo. >> whether the viacom ceo is going to be ceo of the company at least f

viacom shares are trading flat.oming up, liz live in omaha today with nebraska governor pete ricketts talking all things warren buffett, plus new pressures in the heartland. "countdown" will be right back. a business owner always goes beyond what people expect. that's why we built the nation's largest gig-speed network along with complete reliability. then went beyond. beyond clumsy dials-in's and pins. to one-touch conference calls. beyond traditional tv. to tv on any device. beyond low-res surveillance video. to crystal clear hd video monitoring from anywhere. gig-fueled apps that exceed expectations. comcast business. beyond fast. i was ready to make my mark, but i didn't know how. i was working the same job for a few years. i had a degree and some experience but no career. i opened the careerbuilder app and found an awesome job at a company i love. it even built a resume for me with skills i didn't know i had. i applied with a tap. and i start on monday. careerbuilder. work can work. your control. like bedhead.

margins very strong. 4.5% as cbs prepares for talks with viacom mid june.l in europe trading higher. to put it in perspective, in the month of may, down 5%, the first -- and worstth down month of the year so far. vonnie: abigail, thank you. that's abigail doolittle. we do have a raft of economic data this morning. gdp the big one, but we also got pre-lim data on wholesale on home sale- inventories, and we also got trade deficit data. the trade deficit with china widened for a second month since that record back in december. this comes as exports dip. the trade gap grew to $72.1 billion from $71.9 billion in march. bloomberg users can interact with all of these charts using gtv . charts browse recent featured on bloomberg tv, and save them for future reference. this is bloomberg. ♪ ♪ vonnie: live from new york, i'm vonnie quinn. this is "bloomberg markets." it is time for our weekly factor funds segment. it is a big rebalance in the indexing world this week with saudi arabia, but also some big changes in the factor world, particularly in momentum. with u

what does mario gabelli say about a possible second marriage of cbs and viacom?rino lays the odds. charlie breaks it next on "countdown." my body is truly powerful. i have the power to lower my blood sugar and a1c. because i can still make my own insulin. and trulicity activates my body to release it like it's supposed to. trulicity is for people with type 2 diabetes. it's not insulin. i take it once a week. it starts acting in my body from the first dose. trulicity isn't for people with type 1 diabetes or diabetic ketoacidosis. don't take trulicity if you're allergic to it, you or your family have medullary thyroid cancer, or have multiple endocrine neoplasia syndrome type 2. stop trulicity and call your doctor right away if you have an allergic reaction, a lump or swelling in your neck, or severe stomach pain. serious side effects may include pancreatitis. taking trulicity with a sulfonylurea or insulin increases low blood sugar risk. side effects include nausea, diarrhea, vomiting, belly pain and decreased appetite, which lead to dehydration and may worsen kid

, its sister company, my charitable trust owns stock in viacom, they report on friday cbs was fine i don't have a great thesis for it you know, a merger, you probably get 10% gain let's go to mark in pennsylvania >> caller: mahey, jim, thanks fr taking my call from scranton i appreciate the knowledge you impart night after night i'd like to know your thoughts on kraft heinz my time horizon is about ten years, my cost in is $58 a share. i love the dividend but i'm wondering if i should cut my losses at this point and identify another opportunity >> you know, i cannot count on selling it down here i have to believe -- this stock keeps trying to bounce if we can get to up, like, 11 times earnings, in other words let's say the stock goes, i don't know, let's say the stock goes to $40, that's where i would sell it. i don't want you to sell it here where it has got a 5% yield. it feels a lot like dow chemical let's hold on. i'm very concerned that this market is getting frothy i like to see stocks pull back a bit and stop this endless momentum i know it feels terrific i don't want this to

the viacom side, they are simply sitting there and waiting.been the cbs side getting their house in order the directors figuring a number of things out. but at this point for example, they still don't have kind of a point of engagement. last time it was the director bruce gordon this time we don't know yet. they don't know on the viacom side but both sides do seem to expect to begin to commence conversations. >> mid june you think? >> yes, i think so, if not sooner and you have a lot of people weighing in here in terms of even analysts starting to talk about it and again, no real road blocks that are seen at this point. once they begin, we'll see it is the belief bob bachus will be chosen to run the combined company. acting ceo extended his contract as was necessary given it was going to end in june certainly they won't have a deal done by then >> six times earnings. do you know i think the paramount and this acquisition, if you look at the valuation of hulu, people hate their -- ever since it was like hey, we can drop all of viacom's kaibl ca

but should it combined with viacom, a lot of analysts say there is good upside and it would rebalancehe portfolio and give them more exposure to younger audiences. we heard from wall street today, upgrading cbs because they are truly excited about the possibility of a merger, saying that the risk-reward is good for both companies. abigail: we have small gains for major averages but bearish sentiment on the rise they suggest there could be a pullback ahead for the s&p 500 and the other stock indexes. here in the u.s. and perhaps globally. we have a chart going back to 2015. on top, s&p 500. on bottom, aaii bear reading. each time it's like towards highs of 50, it has been followed by a correction in the s&p 500. it was true in the beginning of 2018. certainly true in the fourth quarter of last year. we have the aaii index going from 20 to 40. it could potentially go to 50 and that would bring the s&p 500 back down into that range. the overall, despite the reprieve we have today, pretty bearish for stocks. scarlet: thank you for that settle. for more on the impact of these global trade

looks like the best deal is viacom. outstanding question who runs it.kish based on relationship with shari redstone. connell: not just from sun valley. >> allen&company is persona non-grat at that. just like me. i like bob. connell: enjoy the conference this year. that was one of your highlights. sell-off in the markets, what it means for politics everything else. we're down 278 on the dow. we'll talk about battle ground iowa when we continue, president trump and former vice president biden will be in the state on same day. maybe they will have lunch. how does that play out in terms of trade conflictss. can biden take advantage. we'll get into all of that when we come back. what?! i'm here to steal your car because, well, that's my job. what? what?? what?! (laughing) what?? what?! what?! [crash] what?! haha, it happens. and if you've got cut-rate car insurance, paying for this could feel like getting robbed twice. so get allstate... and be better protected from mayhem... like me. ♪ ♪lean on me, when you're not strong.♪ ♪and i'll be your friend.♪ ♪i'll h

cbs, show time, nbc universal, amc networks, sony pictures, sts, viacom, and warner media, all would be giving up georgia's tax incentives if they pull out. they're pulling out citing concerns of predominantly liberal leaning stars and producers, that law takes effect january 1st. >>> breaking overnight, levee failures are forcing evacuations in missouri and arkansas. officials say overflow from the mississippi river chased hundreds from their homes in west quincy, missouri, near the illinois border. and in arkansas, a levee began leaking overnight. >> the overflow could stretch 5 miles northwest, at least 500 homes have been affected by the flooding so far. for context, look at this before and after view from a dam near the arkansas border. that's january, below is this week. president trump has approved an emergency declaration. thursday did see some welcome relief from tornadoes, only two have been reported so far after two straight weeks of bad storms. >>> for the third time in less than a week, a house republican has blocked the passage of a multibillion dollar storm and wildfir

that's the fact that cbs and viacom are both sub scale compared to all the other media players or somey fox merge and at&t and time warner and not to mention our own parent company nbc universal part of comcast. things have changed. there is more pressure for scale and what i've been hearing from sources is that backish is the guy who would lead the combined company and that's why it's been so hard for them to bring an outside ceo to cbs. >> wild card question, is there any chance any world rather than merge these two companies that -- >> they're sold? >> one or both are sold separately >> well, that has been something i heard is an option and that there actually might be more value for each respective company to do it that way, but i also heard that sherry redstone would like to merge the companies. ed, what have you heard? >> yeah. i heard the same thing i think if anything there is this idea that she wants to get even bigger and bigger because not just the landscape as you pointed out correctly but it's her time to really sort of step into the shoes her father's shoes and run it the

spoke up earlier this week, now cbs, show time, nbc universal, amc networks, sony pictures, stx, viacom, and warner media all say they could reconsider their business in the state. warner media has thousands of employees in georgia, many at cnn headquarters in atlanta. all the companies would be giving up georgia's generous tax incentives if they pull out. citing the concerns of predominantly liberal leaning stars and producers, the law takes effect january 1st. >>> levee failures in missouri and arkansas, overflows from the mississippi river chased hundreds from their home in west quincy, missouri, near the illinois border and another levee in dardenville, arkansas, breached. at least 500 homes have been affected by the flooding so far. >>> the bend levee, five miles southeast began leaking water as well. people there being asked to consider evacuating. for context, look at this before and after view from a dam near the arkansas river. on top january, below, this week. president trump has approved an emergency declaration. thursday did see welcome relief from tornadoes, only two have b

we would rather own sony or a company like viacom, cbs merging.case of disney, $7.50 earnings with 20 multiples 140, 150, well, the "the avengers" got them there quickly and "the lion king" will have them roar to a new high. and then the blue people -- >> "avatar." >> are you a bull on the new disney plus? >> i think the notion going direct to the consumer is a very important element in the arsenal with their intellectual product and how they can repurpose it. i think it's worthwhile of taking the shofrt short-term hit taking the product off the network to make long-term returns on a global basis. they've got what it takes. in addition to that, that's the tradeoff so from my point of view, i was yesterday in milwaukee seeing a theater company, the concern is do you go direct to the consumer with theatrical or use various windows? we're constantly aware of alternative use of property. >> bottom line, the way the consumer works with disney over the next few years >> $50 million, whatever the numbers, there's 3.7 billion people with 4.5 billion smart

cbs shares, $47.62 we'll take a look at viacom shares, too.0% chance of a merger happening, is that a reason to buy either one of these stocks >> we have buy recommendations on both, granted that the outlook for both have been clouded somewhat by the overhang of the merger announcement speculation. but i think when cbs extend ed joe animalo's control, they have had problems filling the prominent ceo position we think that gets resolved. but more importantly, i think both companies have made a very credible attempt to articulate the direct-to-consumer strategy, which at the end of the day, whether a merger happens or not, this is something that is very, very important for both companies to get a buy-in from wall street. >> do you think they have that right now? that's my question is this what shareholders want, too? >> i do. i think last quarter, i think last earnings, cbs came out and really made a very compelling, you know, showing in terms of the outlook for direct-to-consumer, the projections that they've put out for showtime and all access

retailers telling most of the story today, but we also have cbs up 2.1% right now, and viacom up almost 4%. the nasdaq up 1/4 of 1%. this is bloomberg. ♪ ♪ vonnie: from new york, i'm vonnie quinn. this is the european close on "bloomberg markets." quite a lot of headlines to digest in the last couple of hours. markets.ck those abigail doolittle is with us. abigail: here in the u.s., bonds have been trading lower earlier, yields higher. now they are reversing. over in europe, we see the german dax still closer to the highs of 0.5%, with bunds still trading slightly lower. the question is whether this big rally we have seen over the month of may is a sign of slowing. if we go into the bloomberg, let's take a look at a very interesting chart that we took a look at with dan russo yesterday on smart charts. dan russo says this is a tell only markets. what we are looking at is a ratio of chips, typically a onding indicator used volatility. certainly leading on the volatility, that big downturn in the fourth quarter. take a look at the huge divergence between the stoxx and the s&p 500. really

obviously, viacom/cbs is a known likely pairing then after disney/fox it seems it redefined what scalehis point what might you expect here in terms of future deals? >> you definitely have the mammoths, right? you have the disney, the fox -- the old fox, the new fox is a bit smaller. comcast. some of the companies that are the big companies and then everybody else and then some of the niche companies. and i think there's this perception that the everybody else still needs to find a niche strategy which a lot of them are doing. we heard a lot about that at the conference this year otherwise they have to probably keep combining to gain scale and be more competitive. so i would say, yes, you're right. you mentioned cbs viacom that's a more obvious one that is, in my opinion, more when, not if and i think the other is kind of to be determined we may take a little pause as some of these other companies find their strategies, for example. the new fox is all going in all news and sports which is they know their linear platform they are going and investing what's working in linear and they'll s

stock has been affected by merger of viacom as well as exit former ceo les moonves.ock above 17% year-to-date. as you were showing the stock not doing so well right now. back to you, cheryl. cheryl: gerri willis, thank you. roaring first half, best year-to-date performance since 1987. are there gains left? are we chasing dreams? today's closer says stop chasing momentum stocks. look at names that have fallen out of favor. david dietze, point view wealth management. if i'm not chasing big names what should i look at, david? >> we like the financials here. financials are behind the eight ball because of the flattening of the yield curve. they are desperate for higher rates so they can get more for their loans. we think going what we think is the best franchise in america, which is wells fargo. cheryl: got it up there. wells fargo, cvs health, mckesson. >> this stock is down 30% from where it was january last year. offering 4% dividend. is it quality? yes. they have some of the biggest deposit gatherers in the country with low interest rate deposits. plus of course they

here's a look at cbs and viacom.avid faber breaking a story earlier today that according to sources the cbs board is preparing for merger talks with viacom that could begin in mid june both stocks trading higher on the news up around 3% each >> retail ceos expressing concerns about the trade war and the economy. dollar tree ceo gary philbin warning on the company's earnings call this morning that while the retailer has not adjusted its forecast yet new tariffs would be "impactful to our business and especially to consumers in general." meantime, pvh stock lower after reporting results after the bell yesterday. ceo manny tirico sitting down with jim cramer discussing the slowdown he's seeing >> what we're really just seeing is slowdown in growth and a slowdown in retail sales in general as we're looking at it big impact here in the u.s. is lack of international tourism and tourism purchasing and the strong dollar continues -- currencies from when i was here three months ago are down 3% to 6%. so we're really feeling i

it's a busy week on wall street with about 50 companies reporting earn, including disney and viacom.t a read on inflation when the consumer price index is released, and uber makes a public debut, seeking to sell $9 billion in shares. i'm elaine quijano, cbs news. to look at me now, you don't see psoriasis. you see clear skin. you see me. but if you saw me before cosentyx... ♪ i was covered. it was awful. but i didn't give up. i kept fighting. i got clear skin with cosentyx. 3 years and counting. clear skin can last. see if cosentyx could make a difference for you. cosentyx is proven to help people with moderate to severe plaque psoriasis find clear skin that can last. don't use if you're allergic to cosentyx. before starting cosentyx, you should be checked for tuberculosis. an increased risk of infections and lowered ability to fight them may occur. tell your doctor if you have an infection or symptoms. or if you have received a vaccine or plan to. if you have inflammatory bowel disease, tell your doctor if symptoms develop or worsen. serious allergic reactions may occur. see me now.

the reports that cbs is looking at a deal as a potential complement to viacom which cbs may also somehow merge with. you have heard about that over the years. right now we have the dow jones industrials down 21 points. we just lost all those 14 points of gains in about, what was our open, about 15 seconds long. what the heck happened here? wild fluctuations today on the dow. as we say, the dow swing for the index from trough to peak has been close to 300 points. it's really trade headlines that have been sending investors in one direction, that would be down, but the other, as i mentioned, we had the consumer sentiment number that looked a lot better than expected. i will get to that caveat in just a minute. but we've got to get to this. >>> nothing like saber rattling in the persian gulf between the u.s. and iran to rachet up uncertainty and crude oil prices. from attacks on oil tankers trying to maneuver through the strait of hormuz which is the crucial choke point for oil transport to the iranians now saying within the last 24 hours, quote, we could easily hit u.s. warships in the reg

better mousetrap. 10% sold, sure but roku seems to get stronger and stronger every time a disney or viacomr cbs offers something outside of the cable universe that's why the stock could rocket up 18 points on a hideous day, thanks to much better than expected earnings. ♪ hallelujah finally there is t-mobile. now this stock has become a common green sighting in a sea of red, in part because if the sprint deal falls apart, remember, t-mobile is trying to merge with sprint so they'll have more firepower to tick on at&t and verizon well, the thinking is that t-mobile stock will be able to zoom on its own because the company is taking so much share. i think it's true. even as it tries to conduct the game-changing merger, t-mobile hasn't skipped a beat through the whole process. i can't say the same for sprint, which seems to be a slow motion train wreck. so the next time we get hit with a brutal market wide sell-off, remember that even huge down days have their uses if you're going pick individual stocks, you need know what to buy when the averages are getting hammered normally like to start wi

from netflix and disney, to viacom, and warner media, which has a big hub in georgia.er media says we'll think about not having any new productions in georgia if this law goes into effect. we're hearing that from other companies as well like amc, which produces "the walking dead" in georgia. they'll re-evaluate staying in george if the law goes in effect. nbc and other companies are saying we know what's going on. these laws are designing to stoke a supreme court fight and reevaluation of abortion rights. this is going to take months to happen. but what all the media companies are saying is if these laws do take effect, we may pull out of georgia. that would have serious economic consequences. >> this reminds me so much of when salesforce, the biggest tech employer in indiana, threatened to pull out completely from indiana when the vice president was then the governor, governor pence of indiana. and i mean, it was part of what changed things there. because of a law that was viewed as anti-gay. >> that's right. critics of these, media companies say you're just hurting t

negotiator,top viacom premier liu he, is heading to washington later this do hope eventually the twostill reach a deal even though the road ahead remains pretty rocky. >> do you think a deal will happen? >> eventually we hope and believe a deal should happen because a deal between the u.s. beneficial to be both countries but also to the large.economy at >> economically, china cannot likely let this slide without retaliation. do you expect renminbi other steps?r any >> i don't think the chinese the theip will use renminbi to retaliate because interests. chinese beijing, at a forum in president xi jinping emphasized rmb china will not use the as a tool because a stable rmb is in the best interests of china. china is a very large importer as well as exporter. the rmb is devalued, it will make all imported products from to components much more expensive. also, a deappreciation of the r.m.b. would dampen domestic confidence so at this juncture believe the chinese r.m.b. will not depreciate too much. it would help exporters but how detrimental from your estimation has this trade war been o

jim, what have you got >> viacom reported this morning, decent enough ernlgarnings. eventually they'll merge with cbs. you get synergies, everybody is expecting it let's get that done. this is a stock i want to be in. >> health care has been unloved this year. >> certainly has >> it is going to probably benefit and if we are going to orient toward a more defensive orientation for the market, but we see a lot of innovation we're neutral health care but there are some spots our cio wrote an op-ed looking at innovation in health care, this could be a politica >> you feel now is the time to take a more defensive posture? what if i tell you monday we'll have a trade deal? upset you said that. >> we would certainly not advise running for the hills by any means but maybe moving more toward neutral, maybe taking a little off of some of your more cyclical positions could be warranted. >> j.b.? >> i want to remind people, we were doing the show from the new york stock exchange the day twitter went public and people were screaming the underwriters left money on the table and it

also, viacom shares are rising in premarket trading today the company reported quarterly profit of 95hat was 15 cents above consensus estimates. and viacom shares are up by 4% right now. >>> after facebook co-founder chris hughes called for ceo mark zuckerberg to relinquish his stranglehold on the industry and for the company to be broken up, the tech giant has responded, and it doesn't agree in a statement put out by facebook's vice president of global affairs, he says, in his words, "facebook accepts that with success comes accountability but you don't enforce accountability by calling for a breakup of a successful american company. accountability of tech companies can only be achieved through the painstaking introduction of new rules for the internet that is exactly what mark zuckerberg has called for. the social media giant is already facing up to a $5 billion fine from the federal trade commission for mishandling user data, but some called the penalty a mere slap on the wrist. shares of facebook, as you can see, are off just a little bit people went wild with that story yesterday

next, viacom's revenue falling below $3 billion for the first time since 2010 while a resurgent paramountes -- drove s.s profit gain trading falling in its debut today after opening at the lowest ipo price. shares of the company opened at $42 while the stock was down 8%. those are your social climbers. caroline: we will be sticking with the uber theme, because movers public debut was not as pretty as many had hoped. we are here with ed hammond. how much is this going to put off the wannabes, the waiting in the wings, the airbnb's and weworks have been saying, we are looking for an ipo at some point. it was a bad day. ed: it was a bad day and it has been a bad market this week. , but --t as bad as lyft caroline: [inaudible] ed: and they had the benefit of pricing this into the weekend, so they get a few days of calling off. but for the really big private tech companies and you mentioned if you, there is not a big enough picture. scarlet: and we have a headline here from the president. he has called the china talks constructive, and says they will continue. so silence from the white house f

true >> the question of course is when are we finally going to see something significant between viacomnd cbs in terms they'll come together? there are things going on and there is some eck change of ideas but they had not gotten down to any real exchange ratio is discussion at this point. >> the continued expectation that you are going to get there. >> cbs of a very long time to get their stuff in in order create wha strong record for thm this is why they are doing it. we have been waiting for quite some time. if you told me it would be may and it would not be this significant talks in terms of hammering out exchange ratio, i would have been surprised. >> no. it looks like most likely at this point >> i have nothing to say >> by the way, just to keep people on top of sub losses, we like to keep track of that dish shares are up call is usually later. here are the numbers in terms of last quarter in terms of losses. led by the 4,000 subs that were lost to direct tv. dish came in only at 259,000 >> charter at 145,000. you add that up. that's a lot of people for a quarter. >> that's a quar

well we'll tell you about it next >>> plus, roku earnings out after the bell with disney, at&t and viacom all getting into the streaming game roku reports and what to expect, coming up. measure up? a cfa charterholder does. you've worked hard to grow your wealth. make sure you're working with a wealth manager who can grow with you. cfa charterholders have the investment expertise to unlock opportunities other advisors might not see. learn what a cfa charterholdr can do for you at therightquestion.org your but as you get older,hing. it naturally begins to change, causing a lack of sharpness, or even trouble with recall. thankfully, the breakthrough in prevagen helps your brain and actually improves memory. the secret is an ingredient originally discovered... in jellyfish. in clinical trials, prevagen has been shown to improve short-term memory. prevagen. healthier brain. better life. >>> i moved to post 8 because we have an ipo. parsons going public the company trading under psn and having a nice pop in its opening trade up about 11% earlier within opening minutes up 15% or so it's a techn

cbs's other assets of course there are a lot of other things going on here cbs expects to merge with viacom platfor apple platform >> the broader markets with seven minutes left of trade, we are down close to 100 points on the dow. the nasdaq and the russell down more than 1% nasdaq just shy of that. we're back with the closing countdown in just a moment and you should be mad your smart fridge is unnecessarily complicated. but you're not mad, because you have e*trade which isn't complicated. their tools make trading quicker and simpler. so you can take on the markets with confidence. don't get mad. get e*trade and start trading today. don't get mad. feel that? that's the beat of global markets, the rhythm of the world. but to us, it's the pace of tomorrow. with ingenuity, technologies, and markets expertise we create the possible. and when you do that, you don't chase the pace of tomorrow. you set it. nasdaq. rewrite tomorrow. here'sshow me making it. like. oh! i got one. the best of amy poehler. amy, maybe we could use the voice remote to search for something that you're not in. show me pa

worst of all, off about 8% netflix shares down over 4% today while traditional media stocks are mixed viacombs suffering more than the broader market. both down about 4% they also suffer concerns about being subscale disney and comcast in contrast are both down some 2% as this week's up front presentations featuring their new content as well as their ad targeting capabilities the telcos are faring the best at&t and verizon both ending the day down less than half a percentage point now, analysts say they don't see too much near-term impact of the trade war on hollywood because there are already limits on how many hollywood films can be released in china and u.s. studios only bring home about a quarter of chinese stocks off revenue compared to the roughly 50% take that they get from theaters here in the u.s sara >> julia, thanks turning now to the tariffs' big impacts on technology, we certainly saw it play out in the america today. jon fortt with the story today >> a couple ways we're seeing the impact of trade wars on tech, one is stock with actual china exposure the poster child for that is

cbs reportedly preparing talks with viacom in mid-june. both stocks are up.at they're talking about, but both stocks are up. >>> there's a new push in corporate america to hire ex-convicts. one of those companies involved is koch industries, a real giant. joining us is the vice president with koch industries. right from the get-go, let me ask you this. are there any ex-convicts who are off-limits? i'm thinking of violent criminals or sexual criminals. are they off-limits? >> well, thanks for having me, stuart. to answer your question, you need to be very careful who you hire. someone who has a serious offense, absolutely you need to do your homework, look at it and make sure you're not making a mistake which would put your work force in jeopardy in any way, shape or form. we are really focused on helping people who are coming out of prison, given the fact we've got 7.1 million jobs in this country that go wanting every year because there's a lack of skilled labor. we've got 700,000 people or so coming out of prison every year. that's about 10,000 a week. you'

viacom better profit, lower cost. is the stock up? it is down $.10. two items on delta.his month but the bigger story is the company confirmed it is behind a poster that suggested nonunion employees by video games rather than spend their money on union dues. i don't inc. many people did very well with that. no impact on stock, $56 per share. you want to discuss this? >> it was a funny quote. there is a videogame console that said union dues cost $700 and pretty much said by this instead. that is creating an uproar. had somebody saying lol on delta and twitter and retweeting the company. your pearls. stuart: your pearls too. look at boeing, former engineers reportedly said that cost-cutting hurt safety. stock is up 351. ashley: we have heard the story before. boeing engineers who retired saying to try and appease shareholders and increase efficiency they sacrificed safety for profits. that is their belief. stuart: here is a story. ashley: headlines for boeing. stuart: look at microsoft. i own a little bit of it. given this story, microsoft is using ai to check your writin