at wal-mart, the c.e.o.rt has put him in charge of e-commerce as cross the board, and he is following that model. he is got moose jaw, use them. emily: so what do you think wal-mart's chances really are of given amazon a run for its money? >> the truth is this is not a zero sum game. e-commerce is 10% of all of retail. it is only going up. more and more people are discovering the convenience of shopping from their coach or office. so i think it is far likelier -- the better question to ask is what are the chances that what wal-mart can create a sustainable, growing and profitable e-commerce billing that can exist alongside amazon. amazon is an unstoppable juggernaut, and wal-mart can never displace it. they are an internet cloud computing company to a great extent. so he don't think wal-mart can unset amazon, but it has advantages. it is particularly strong in groceries. it could lead in that category, perhaps in apparel. the challenge is to create a business along site amazon. emily: brad stone there. deep

we could be near a big discount at wal-mart and the markets. here's the thing.ook at that trade, it has that chart right there. it has a lot of support, near term. they hold 55. think of a pongs for a late-year rally. i want to use a call calendar to do this. a short call and buying a longer dated call. in this instance, i want to look to by the july. this is when the stock was trading 56 today. you can buy the july 56. october, excuse me the july 60, october 60 call calendar paying $1. selling one of the july calls, you are buying one of the july, excuse me, okay calls for $1.55. what you want this thing to do between now and expiration is move towards that 60 strike. >> that july call is worthless. you end that october. which is out of the money for a dollar. >> that is your max risk. what you want to do here is have that stock move up towards that strike. then you want to look to sell something higher and catch to fill in those gaps. >> obviously, the 66 and the 65. >> you actually have a decent amount of room, though, even if it runs through that strike. you

at wal-mart, doug mcmillan, the c.e.o.rt, put him in charge of ecommerce across the board. he's following that model. he went out and acquired the tdoor retailer moosejaw, the founder/c.e.o. of moosejaw is in charge of outdoor across all wal-mart. he is empowering them in a way perhaps he didn't feel empowered at amazon. julia: that was brad stone, you can learn more about the feud between amazon and wal-mart in the new issue of bloomberg "business week" available now. scarlet: coming up, we speak with the man behind the taylor rules, economist john taylor, said to be on the short list to replace january -- janet yellen. this is bloomberg. ♪ . . julia: it's 2 p.m. in new york, 12:00 p.m. in san francisco. -- scarlet: welcome to bloomberg markets. ♪ we are live in bloomberg world headquarters in new york. over the next hour, stories out of washington, paris, and beijing. here are the top stories we are the top stories we're covering on the bloomberg and around the world. oil finally seeing relief after with solving the past

don't forget, wal-mart is expected to do a half a trillion in sales this year him wal-mart or excuse me, amazon is about to do $165 billion. when you add that up, these two companies, it was amazon just a little bit ago when you think of what wal-mart is trying to do with e-commerce. they try to put the e-commerce out of business. to me, it's not just the amazon wrecking baum and you get target to get into the game. so the head winds that you are facing for department stores don't ease up any time soon. >> i don't think we understand that. does that make the other retailers uninvestable? are they trade at all even at these levels? we can still be destroyed by amazon and wal-mart. >> the anchor stores to me are these stocks have had nice bounce, nordstroms is going from 41-and-a-half to 50 today in a short period of time. to me, that's a short covered rally into earnings this thursday. i think you will get another opportunity to sell it. a little north of 50. i think it goes down again. i think macy's tremendous head winds, valuation don't make sense. the names that tim and karen ment

it also plans to lower prices to compete with wal-mart and amazon are speaking of wal-mart. wal-mart releases its latest numbers thursday. i spent the company would cut hundreds of corporate jobs in its international and technology businesses along with sam's club warehouse chain. nicole: coming up, investors started out the week observing geopolitical risks like a missile launcher and north korea. >> we have to get in the kim jong un said rich's piece in a state of paranoia. he's incredibly concerned about anything and everything around him. trade to anthony chan tells us that investors should note. you are watching "fbn:am," your first look at morning markets and breaking news. ♪ here comes the fun with sea-doo. starting at just $5,299 and get 0 percent financing. visit sea-doo.com today. nicole: 5:15 a.m. in new york. let's get you caught up in its happening now. the cyberattack around the world over the weekend may not be over. companies finish of reporting problems as they booted up this morning. a global hunt is underway for the hackers who infected businesses, half th

they've been compressed for wal-mart. and this is a different game for wal-mart. a different world for wal-mart of old. they used to really be focused on keeping that earnings growth. and you know they are doing a respectable job on that but at the same time, they're investing now to get people in their stores through prices and also e-commerce,. david: with a about this online growth? 69%. most of it appears from the website. >> you don't just come up with 69% out of nowhere after 20%, 10% years of force. so you are definitely seeing the impact of jet. and then also the other acquisitions and then as you said, a lot of it came from wal-mart.com but a bunch of it comes from online groceries. they are expanding online groceries all around the country and that is really impacting. david: they took mark lori and put him in charge of online. is it possible he's that good? >> that's the question that he seems to be answering so far. everyone was saying is he just really good at building companies and then sell them to bigger companies or does he really have something g

today we are the largest brick-and-mortar retailer wal-mart. lauren: in sports and the cleveland cavaliers overwhelm the boston celtics in game one in the ottawa senators looked at pittsburgh penguins to take a lead in the stanley cup playoffs. treated 25:01 a.m. in new york. what about david thursday, may 18th "fbn:am." lauren: a major development in the rushed investigation. deputy attorney general bob rosenstein announcing robert mueller has been appointed a special counsel to oversee a federal investigation into russian efforts to influence the 2015 election and allegations of collusion between the trunk campaign and the russians. senator james langford on special report that mueller's appointment would help expedite the fbi investigation. >> the good folks at the fbi, career folks have been leading this investigation. a lot of work they've done in the wood push this to announce the individual and rent something autonomous from the fbi and be able to skip the lives all the work i was there. lauren: representative jason chaffetz expressing s

wal-mart is becoming a key player in digital sales. the retail giant says u-s digital sales rose by an impressive 63-percent from a year ago. the news comes after an annnouncement thursday by wal-mart ceo doug mcmillion who told investors they'd be transforming to become a more digital enterprise. mcmillon says walmart wants to use both its digital and physical presence to make shopping easier and enjoyable for its customers. generic tease of providing reliable energy and that'll never change. what is changing, is our name to dominion energy. it's a reflection of our commitment to energy innovation and renewable sources like solar, wind... and cleaner energy like natural gas. and we'll continue to innovate, upgrade technology, dominion energy. more than a new name, a new way of seeing energy. college students burns down in college park. the desperate search for what caused it. and how mother nature is responsbile for this blaze in fairfax county. plus--northbound 210 shutdown after a pedestrian is struck and killed. the driver--still o

there are wal-marts everywhere. >> the parking lot at the wal-mart has plenty of signs showing the customers security cameras in use. they hope images from the cameras will help track him down. anyone with information is asked to call fairfax county police. brianne carter, abc7 news. jonathan: we are getting new information today after the deadly drive through times square yesterday. in fact, the video is tough to watch. look at this. he is just plowing people over. it went on for three and a half blocks. the man charged said he wanted to "kill them all." he said police should have shot him. that is according to the prosecutor. the police saying it's an accident. richard rojas is believed to faced marijuana laced with p.c.p. before getting in the car and doing this. >> what is going on? trying to get away from me or something? jonathan: coming up next at 4:00, bold and brazen thieves target cars in the district. how the "7 on your side" item helped catch the criminals. nancy: and a man seen beating a mannequin. wait until you hear what lured him in the strange scene and bizarre crimes it may

i think it is, but wal-mart, wal-mart is committed to their stores. charles: making a huge mistake.bly should find a way to do both. we have aetna. do we have time to do aetna? all right, guys, you were all fantastic. a lot of p fun, jeff, scott, james, we'll talk you later on. the bear woke up and he was great at the end. wasn't he? let's check on the big board, a single digit gain, guys. we were looking like we could have had a huge, huge day, start to go give it back right now. more make america great again, this time though from apple. tim cook says the company will spend a million dollars. they want to fund u.s. manufacturing jobs. does this mean that your new iphone will be made this this country? we're going to be on top of that. and facebook says if they're going to hire another 3,000 people to monitor facebook live videos. you've got remote users. more varney next. >> all right. let's check on the big board. that gain slowly, slowly giving it all back. almost back at even. i want to take a look at twitter. twitter hasn't done well, but this one working out pretty good. and

come in, bill simon, former president and ceo of wal-mart usa.ow the company's playing catchup in so many ways, this seems a little invasive, no? >> it's kind of crazy, charles, isn't it? and thanks for having me, but you know, sometimes innovation seems that way and it might not make any sense today, but maybe that's something that down the road that could translate into a win for them and they're playing catchup to a certain extent with amazon. charles: it feels like wal-mart is trying, because it's playing catchup. i don't know if it's pride and ego kind of thing, but to catch up in the most unconventional ways. their biggest acquisition on-line is jet.com and yet, two weeks ago, pet smart made a $3 billion with acquisition of chewy which is bigger. it feels like they're going to the acquisition trail and internet of things. it feels awkward. feels like they haven't come to the realization that they're far behind and need to make perhaps drastic moves to catch up. >> well, and it's all relative, too, charles. good retailers are doing really we

we reached out to the wal-mart t. retail giant refunded him $200.ach received his switch one week late. he loves his switch. >> bake amy, if 7 on your side wasn't there, it wouldn't happen. >> despite fume russ attempts, wal-mart would not get back to us with the comment. 7 on your side. >> we know cal lerkly is all about the bears, watch out, it's a popular bird on campus. that's her friend and companion. they tell us that while she is a homing pigeon, birds can get lost and end up in an animal shelter. that's where she found mew. >> part of the reason i go out is a lot of people don't know about homing pigeons, they know that's where we ceremony. and a lot get lost or don't make it home. >> he's already been crowing about here tv appearance and how you can adopt a cute bird like her. >> more to come, president trump lands in saudi arabia, taking off for his first foreign trip since taking office. he says he's to get done with muslim leaders. >>> new fallout of a a lower a1c is a lot witabout choices.tes but it can be hard sometimes, 'cause differe

i wrote, by the way, the-- for wal-mart i wrote that speech that declared what the goals of wal-mart were ten years ago for lee scott. so i know their goals very, very well. 100 percent renewable energy, zero waste, and completely sustainable supply chain. and they're working on it step-by-step by step. so this has not had a big effect on any corporation except and i will say there is an exception, the car companies. who made an agreement when they were bailed out to raise their mileage standards and now recounted. the danish government, the german government have done extraordinary things to accelerate renewable energy and progress around climate in those countries. so there you have that kind of meshing but you don't have it here. we never had it, though. >> rose: we never had what? >> the meshing of the executive branch, the congressional branch and these initiatives around climate change. that never happened here. >> rose: former mayor bloomberg. >> he has, the city, the mayors have been extraordinary. he has been extraordinary. i mean mayors and the cities are the sort of, what

police believed he fired a gunshot, and, in quakertown wal-mart parking lot on thursday.y believe that grasso may have been involved in other incidents in that same area police are also hoping that this video can help them catch the driver that they say, caused a school bus crash that injured students in lancaster county. they believe that the driver was in this white, do you see white car there, yeah. most likely a chevy malibu it looks like. police say the driver of that car tried to pass two trucks and careened in the path of the bus. it happened in route 30 ande lampitter. two students were seriously hurt. >> hopefully someone will recognize that car. >> for sure. >>> ben simmons sister creating a rivalry for her brother, the challenge she posted on twit berra licenses owe ball. >> wonder what ben thinks about that. >> wrestling match inside a store, man verse deer. >> what. >> what led to the hacked bizarre. >> oh, deer just cud with the me lets spoon. introducing the fios gigabit connection with download speeds up to 940 megs that are 20x faster and more powerful th

. >>> in bucks county a man is behind bars for shooting in a wal-mart prognosis. 32-year-old brandon grasso is accused of firing a shot behind the wal-mart in quakertown and a woman was driving the vehicle with her son in the passenger seat. the driver became aggressive and passed them and heard a loud bang. >> i thought i heard a -- and thought he hit us and then saw the hole there and all of that popping out and the windshield busted and glass hitting me. i thought oh my god he actually shot us. they began searching for grasso in his late model mercedes benz he was found in a motel late last night in milford township. >>> president trump is getting ready for his first international trip as president. is spent the week defending his white house. we are joined now from the nation's capital with the latest. >> reporter: rick, the white house is steel reeling from a week of headlines. the first appointment of a special counsel and that is on everyone's mind here in washington. >> as the white house tries to move forward from the latest headache, lawmakers on capitol hill are doubling d

>> the bad news for wal-mart, they're not going to win and look, wal-mart is the only company arguablyamazon's prowess, right? because they have enormous distribution, they're all over the country and they've been very successful at their on-line business, but nobody can compete with amazon, and whenever you begin to get close, as wal-mart sort of looks like it's doing, they change the goal post and i think it's incredibly, incredibly tough. >> the competitive advantage here, amazon's earnings estimates have been plunging this year, what's happened to the stock price, it's going up because investors say we like how you're spending the money. if wal-mart said we're going to have half the profit, the stock would crater. charles: wal-mart shouldn't be slaves to the share price for a while. the ceo should say i'm focusing squarely on competing even though near-term the stock goes down. the jet takeover is peanuts. they better get a lot more aggressive or lose a lot more. >> charles, amazon took the first shot from wal-mart when they said $35 today because they're trying to go after the pri

latest was spending 48 hours in a wal-mart. and they're already up to 370,000 views.asked how long it took them to get sick of it. they said 35 minutes. 35 minutes in because the music apparently is on a loop. and so once nay realized that. >> because they played every game in the store. they listened to pod cast, read books. tried to sleep in the toil let paper section. best place bathroom, only place quiet. >> the that is, just gone wrong. this is from shopbot, the two jeans dress. yes, it's built from two jeans. >> what? >> sewn together there. guess the price tag on this. >> $2. >> you would suck at the price is right. $445. >> you buy it. >> polka. >> from rockwood music hall in new york city, austin texas own, phoebe hunt and the gathererers. ♪ politics and foreign wars, all the weather all the scores that's the world news polka ♪ ♪ if you're an insomniac and a good night sleep you lack do the world news polka ♪ it's late at night you're wide awake and you're not wearing pants so grab your world news now mug and everybody dance >> the have some fun and be a pal,

. >> wal-mart in the morning a. lot happening today, michael. thank you so much. as always, mike santelli. >> that does it for "closing bell." "fast money" begins right now. >> "fast money" starts right now with breaking news on the markets, the dow sink about 375 points losses accelerating into the close, ending the day near session lows as the d.c. drama rocks the stockmarket status. they are having their worst day since september. the nasdaq down more than 1.5% haveing its worst day since june last year. all of this as volatility surges in about a month. the utility sector managers ends the day in green. the banks crushed, turning negative for 2017. all of this as the political turmoil in the white house over the events surrounding president trump's firing of fbi director claims just a momenty seem to have reached a fever pitch. eamon javers is live with more on this story. >> reporter: hi, melissa. right now the white house is trying to find a new fbi director. the president behind closed doors to my left in the west wing is interviewing several candidates for

. >> amazon is firing back in a battle with wal-mart over shipping costs.learned e-commerce giant dropped its threshold for free shipping by $10 to $25. according to online price tracker, best black friday. the reported move comes four months after wal-mart reduced its free shipping threshold to $35. >> do we hear $15? >> $15. >> don't think it counts from ing a lot of after school be tweeting abut a social media experiment. three schools have blocked kids' access to face book, instagram and 30 sites during the day. officials want to see if student grads and, if they're, their graduation rates that is and behavior improve. so two high schools, and one middle school are taking part in the expeerment. another high school joins in monday. >> here is the deal. they can do that. students don't use instagram or facebook. they're all on snapchat. >> snapchat. >> block away. go ahead. hold my beer. and inspiring grad in the meantime out of florida. >> check out the video. sam bridgeman being helped on stage at university of south florida's conventionment. bridgeman

wal-mart has a rival discount chain rival.tomers in by offering them fresh food at low prices. wal-mart says it's planning ways to compete by reducing some prices, improving store brands, and speeding up check-outlines. the german chain is expected to open 150 stores in the united states starting back east in virginia. >>> now i want to hear from you. my hot line is open weekdays from 10:00 a.m. till 2:00 p.m. my number 415-954-8151. you can reach me through facebook and also on abc7news.com. >> all right, thank you so much, michael. >> sure. >> starbucks is now offering a solution for anybody who doesn't like their coffee boiling hot but doesn't want watered down drinks. the coffee giant is now testing coffee ice cubes in 100 stores nationwide. so, for 80 cents customers can request ice that's been made using starbucks coffee. makes sense. so far the cubes are only available in baltimore and st. louis. >> two bay area men are among the 31 competing for the new heart of the bachelor ette on abc77. rachel lindsay is an attorney

. >>> a change at wal-mart why the company says it will cover the pay, how the company will help members of the military to make ends meet. introducing fios gigabit connection. superfast internet at an incredible price. with speeds up to 940 megs. that's 20x faster than most people have. and, it's just $79.99 a month online for 1 year. and only $5 more per month for the second year. get fios gigabit connection for $79.99 with tv, hbo for 1 year and multi-room dvr service for 2 years. all with a 2-year agreement. switch now at fiosgigabit.com. >>> we go live no manchester, english where authorities are updating us on the explosion lat night. >> with those families and make sure they are properly supported before we release the names. of those that sadly lost their lives. as you expect the police response is significant today. as we help people to continue to go about their daily business and lead their lives in greater manchester. part of this response has seen the arrest of a 23-year-old man in connection with the attack. and carried out two warrants one in farrow field. the one there di

i worked all day on that. >> wow. >> this happened at a wal-mart in minnesota.ed, a man pinning down a deer. the confused animal apparently wandered into the store jumped on shopper there, tom grasswick. the young buck, he calmed it down, grasswick and other shoppers and then set it free. pauling prices, and since it is a buck -- >> bucks like it is a pun, a dollar and bucks. >> yeah, falling bucks. >> we got it. we just didn't laugh. >> didn't like it. okay. no. >> i'm sorry. i didn't hear you. >> crickets, uh-huh. >> school employee is now facing charges after surveillance video captured him lifting a student off the ground by his neck. the video shows the 13-year-old boy's feet dangling. the suspect is identified as joseph golden iii, a behavior specialist at rankin promise school. he is facing charges including endangering the welfare of the child and assault. the boy was not hurt. >> the death of rocker chris cornell was ruled a sue side. his body was found in his hotel room wednesday night after this concert in detroit where he was performing with sound ga

to compete with companies including wal-mart and amazon, shares down 1.5% in the premarket. nickel outfitters, the teen apparel made to cause those results for its latest quarter due to the demand for men's clothing. fewer people shopping at the malls. finally, cisco systems will release earnings after the close. revenue to fall for the six quarter in a row her purse at this demand for the network equipment. nicole: coming out. stock market futures under pressure this morning amid concerns all of the news out of washington will derail the trump agenda, tax cuts and health care reform. unless congress calls from her testimony and widening investigation. >> my fellow citizens deserve to see the entire context of whatever conversation may or may not have taken place and quite frankly director comey deserves an opportunity to tell us how he heard it, what he heard. trade to alaska for fellow veteran gop strategist about the fate of the trump agenda. does a tornado touches down in wisconsin. fox news senior meteorologist janice dean has that story. right now taking a look at u.s.

amazon is an unstoppable juggernaut, and wal-mart can never displace it. an internet company, to a great extent. i do not think wal-mart can unseat amazon. but it has its own advantages. perhaps in apparel. the challenge is to create a growing and profitable e-commerce business that thrives alongside amazon. that was brad stone. deep map is a new start up focused on 3-d maps. they are designed to assist self-driving cars. these cars can steer through complex cityscapes. alex webb reports. >> if you are trying to control a robot, which is what we are trying to do, the robot needs to know within centimeters where it is with respect to its surroundings. >> a mile away from where google builds their maps, a 25-person start up is doing the same for robots. deep maps is building maps allowing cars to steer threw complex city escapes. >> we collect all the data. usually we will collect it over several runs of the same location. we will bring it into the cloud. we run a bunch of processing algorithms to create a single picture, unified of all the data. highll crea

fairfax county police are looking for the man who was up skirting ladies at a wal-mart. here's the man they want to find. police say he recorded video up the dresses of a ten-year-old girl and a 36-year-old woman last sunday at the wal-mart on birk commons road. if you recognize that face, call fairfax county police. >>> and in prince georges county, something you don't see every day. an ambulance followed by 13 squad cars. and no, it's not a v.i.p., that ambulance stolen by a patient discharged from the hospital. police eventually arrested him and sent him back to the hospital. >>> moving to the district popular outdoor bar want to expand. sounds like good news, right? not entirely. at least not for the people living in the million dollar homes along d.c.'s blazing hot 14th street corridor. here is pete. >> it's one d.c. block versus one bar. only it's not even here yet. >> i think this operation will be able to hear it indoors, where we sleep. >> david lives on s street right next to 14th street northwest. restaurants, stores, and one lonely parking lot, it could be th

wal-mart began offering benefits for same-sex spouses in 2014. let's check in with our puppies.rom our puppy cam. one of these little guys will become wusa9's next service dog in training. you've already voted on the name nigel for the pup. andrea mccarren who trained our first service dog bunce is heading to the training center to meet that little puppy and bring him pack home to start work here at wusa9. >>> this is wake up washington on wusa9. >> president trump could be naming his pick to replace fired fbi director james comey by the end of this week. >> good morning, thanks for joining us here. happy monday if there is such a thing, right? i'm jan jeffcoat. >> happy mother's day, hope audit good one. >> i did. >> we're going to keep an eye on the sk the seven-day is unbelievable. >> it's that time of year where we're starting to see some 90s in the seven-day forecast. here we go, it is going to start to feel like summer by midweek. we got a dose of some nice weather yesterday, and today is going to be very similar to yesterday. breezy with a ton of sunshine. just a little b

we reached out to wal-mart and the retail giant refunded dave $200.h received his switch just one week late. he loves his switch. >> basically, if 7 on your side wasn't there it won have happened. >> reporter: despite numerous attempts, wal-mart would not get back to us with a comment. i'm michael finney, 7 on your side. >>> cal berkeley is all about the bears. watch out. there is also a popular bird on campus. meet mew, a rescue pigeon. >> that is her friend and companion cynthia. they say while she is a homeing pigeon, birds like her can get lost and end up in an animal shelter. >> part of the reason i try to go out is a lot of people don't know about homeing pick uns leak this. and a lot of them get lost and don't make them home. >> she has her own instagram page at pigeonnew. she has been commenting on her experience and how you can adopt a cute bird like hers. >>> you have until the end of this weekend to make a life long impact on new born osprey chicks. this is happening on top of a historic crane at the national park in richmond a. mom and dad

one of those rivals is wal—mart, the world's number one retailer, and wal—mart will be reporting theirretch, head of fx strategy at cibc. it is always nice to see you. what are you looking out for this week what is on your radar?” are you looking out for this week what is on your radar? i think markets are going to look at what the data will do over the next quartering the us, to validate the assumptions of a june rate hike. quartering the us, to validate the assumptions of ajune rate hike. and indeed, if we get reasonable data, the question is, what will the markets then imply beyond that? essentially, june seems to be a done deal so markets will be fixating about the next leg in terms of the global interest rate cycle led by the us. there is a bit of a dampening effect on the markets and investment data coming out of china, does it concern you? does not concern me and duly. yes, moderation in china is not unexpected, but from a global perspective, what we will see is growth from a number of jurisdictions, so the us growth trajectory is reasonable. i think what we would argue the glob

you have wal-mart going against amazon with the on line shopping.ne has it safely but look at wal-mart shares, up better than 3%. >> jenna: interesting for one of the largest retailers in the world. we'll have more reaction to the naming of the special counsel. in moments mo brooks will join us live. you don't let anything keep you sidelined. that's why you drink ensure. with 9 grams of protein and 26 vitamins and minerals. for the strength and energy to get back to doing... ...what you love. ensure. always be you. >> jenna: lawmakers on both sides of the call calling bob mueller the right choice to conduct an independent investigation into russia and the trump campaign. >> i think this is the right decision and the right candidate. >> i think it's a good move. hopefully something that will give the american people some peace that we'll get to the bottom of this. >> i have not seen any evidence of actual collusion. where is the actual crime they think they need a special prosecutor to prosecute? >> jenna: alabama congressman mo brooks is now in the

wal-mart, like i got to tell you, it scares me.ten to the call the way their numbers. >> it scares you? 69%. they don't put numbers out there e-commerce compared to exxon, it's 10x that. it will take them a lot more than anybody is on ali baba. >> i this i the stock went up. it's a little, people are comfortable with the way they are investing. >> massive runway for them to gro grow? >> maybe they should collect the market share. >> we know what's happening with brick and mortar. so you give. >> you don't like kohl's? >>, no, i don't. back up. an wal-mart. >> that stock is priced a little bit to them taking on a lot of market share, i look at it, in general, the trends aren't aiming towards a positive trends for wal-mart in my opinion. i think the stock is priced way too high at these levels. >> grasso, he'll give you the name, when we come right back. 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 finan

and amazon's market cap now $230 wal-mart where billion. amazon is stepping further on wal-mart's turf. surely a battle royal e to watch. emily: another story we are watching, government officials from the european union and u.s. will meet in brussels on wednesday to discuss plans to broaden an inflight ban on mights and they said they expand the ban currently imposed on u.s.-bound flights. it could mean longer security lines and heightened delays. coming up as governments and corporations trying to contain the mall ware attack. cybersecurity firms, we will discuss next. you can listen on the bloomberg roo app. this is bloomberg. ♪ mack cron met with angela merkel. mack cron's berlin trip continued a tradition of french presidents making their trips to germany. mack cron has named felipe as french prime minister to widen his appeal before next month's parliamentary elections. the trump administration accuses the syrian government of mass killings of thousands of prisoners and burning the bodies in a large korea ma torium. the state departme

[laughter] [n][applause] our argument was safeway, all wal-mart or costco sprouts or trader joe's theoducts similar there is no barriers to entry it is a very competitive market. john: you lost a and had to sell 32 stores. >> we will lend but we spent 30 million in legal expenses but the ftc has their own courts and they told us after we won in the federal courts they would take us to their courts i said what will they cost pacesetter said all the way to prove your innocence will probably cost another 100 million so we did the math and we compromised. john: is there any a time we should stop the monopoly? >> take the public school system for example,. [cheers and applause] john: your point is you can only be a monopoly when there is government force. >> capitalism is so dynamic and competitive you can get temporary competitive of vintages but people come along to imitate that and say in a vague a leapfrog and you don't need the government to protect people from monopolies because the market does. john: not long ago general motors was. >> a role is talking about breaking of general mot

their latest was spending 48 hours in a wal-mart and they're already up to 370,000 views.ok them to get sick of it, they said 35 minutes. 35 minutes in because the music apparently is on a loop. so once they realized that -- >> oh, because wal-marts are open 24 hours. >> they played every game in the store. they listened to podcasts, they read -- not all the books, but they read books in the store and eventually they tried to go to the toilet paper section. that was the on the place that was quiet. >> one thing that was not available in wal-mart is this, the newest in just fashion that is just gone wrong. this is from shop bop. it is the two jeans dress. made from two jeans. sewn together there. guess the price tag on this. i just looked it up. >> $2. >> you would suck up the price is right. $45. $445. >> you'd buy it. >> from rock wood music hall in new york city, austin texas's own phoebe hunt and the gatherers. ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ >>> breaking news this morning on world news now. victory for gianforte. the republican candidate for congress winning the montana special electi

amazon now has a market capitalisation of about $478 billion, which is more than twice that of wal—mart market capitalisation, behind apple, google owner alphabet, and microsoft. sterling dropped more than half a percent against the dollar late tuesday after a new poll found that british prime minister theresa may's conservative party risks falling short of an overall majority in next month's national election. previous opinion polls suggested the conservative party would increase their majority, which is currently 17 seats. let's check in with the financial markets now. despite those robust manufacturing figures from china it's been a bit of a lacklustre trading session for many indices in assia. that is all of the business news for now. much more to come. it's just eight days until british voters get to cast their ballots in the general election. as part of our election 2017 coverage we have been across the uk looking at the issues that matter. chris buckler has been in northern ireland. you will find dramatic beauty. all along the north coast of northern ireland. it is scenery that m

arkansas, spurring flash flooding and water rescues like this one in a wal-mart parking lot. church nearby, halfway underwater. the current round of rain falling could bring three to four more inches in the next few days. that means no relief for the saturated levees and the tens of thousand of people affected by this disaster. >> thanks to emily here in new york. family of a black man killed during a struggle with two white police officers remain stunned after the justice department says it will not file charges. federal prosecutors say they just don't have enough evidence to proceed in the death of alton sterling. killed during the struggle with two baton rouge louisiana officers last july. sterling's relatives vowing the fight isn't over. >> just asking everybody, so we can continue to get justice. because the it can't stop right here. >> louisiana's attorney general will decide whether to file charges in the case. a lawyer for one of the officers says he is confident the state will not >> google is warning that a scam designed to steal your personal information. the compa

they're in a tough spot in between wal-mart and amazon and doing a little bit of each.t they're going to have to do and it's nicer to be than wal-mart. targets are nice are places. stuff that requires walk-in, still, groceries, home goods, is the place to be. i agree with that. liz: to peter's point, wal-mart is focusing on grocery deliveries, right, you pay for groceries to be delivered. targets not doing that. they say they're going to deliver dry goods like paper towels and beauty products, next day delivery. they don't want to get into business to spend a lot of money to ship groceries. charles: target, one thing to do, that rear right tire, wheel, on the shopping cart that makes the noise on the floor, please fix that. your seattles would go up 10%. some advice there. seven minutes of trading dow up 16 points. we've been starting slow, but that's okay, the moves are grinding it higher and at some point, new highs begets new highs. and higher profits, marriott, higher. disney reports after the bell, so, a lot of anxiety over that, with cord cutting versus the movies

. >> if you are planning on hitting memorial day sales this weekend, the two wal-mart shoppers, got yout. their goal its to spend 4 hours inside one store,

wal-mart has those targeted. we'll investors feel her pain?fficer of mutual asset management. hey, mark. >> hello there. >> what is going on with the retail side? i go to the shopping mall and it's packed. where are we? >> well, a lot of the pain going on in the retail sector can be summed up in one word and that is amazon. a significant shift in the way consumers are buying much of what they purchase today. that's been a big driver and even though if you go to certain malls are full of foot traffic and a lot of shopping going on, a lot are really struggling. wherever you are is assigned from a year ago into is a good one. lauren: unpopular. i go to the cool places. now, i'm kidding. trying to resolve records for big names yesterday. but that is investing in southwestern american airlines. snap has some investors every are you putting your money? where should the money go to make money this year? >> with icon builders and financials. both set yours are relatively early and we are pretty much stayed in inside the safe are the market rally overa

. >>> coming up, a suspect accused of legally recording women inside a wal-mart. she noticed him filming her 10-year-old daughter. >>> sexting scandal. anthony weiner pleads court. the punishment he will face for transferring obscene materials to a minor. >>> a dc attorney general turns over video once said the public had no right to see. the story is straight ahead. ♪ ♪. ♪ ♪. did he have heavy rain did he have heavy rain progressive causes have been my life's work. i'm tom perriello... and before and after congress i led non-profits to battle climate change, poverty and president bush's attacks on civil rights. now i'm running for governor to reduce economic inequality. because together, we really can build a virginia that works for everyone. >>> detectives need your help, this man is accused of illegally reporting women inside a wal-mart in virginia. they found the suspect up the dress of 36-year-old woman and her 10-year-old daughter. the child's mother confronted the man but he left the store before officers got there. please call please if you recognize him.

una mujer de arkansas insulta a una hispana, cuando esta compraba en una tienda "wal-mart" y le dice que se regrese a mexico!! es miercoles 24 >>miÉrcoles 24 de mayo javier: gracias por informarse con nosotros. otras tres personas estÁn bajo arresto. carolina: se conoce que el presunto atacante viajÓ a libia, regresÓ al reino unido dÍas antes este sangriento. en tanto la fuerza de seguridad britÁnica allanaron un edificio en el centro de mÁnchester para investigar una red de presunta autora del explosiÓn en el concierto. javier: josÉ gonzalo de univision.com te trae mÁs. queremos invitarte para que nos expliques un poco en quÉ va toda la investigaciÓn. sabemos que estarÁ la policÍa acaba la conferencia de prensa, en quÉ se basÓ principalmente. josÉ: la agencia routers anunciÓ que ha habido otro arresto. se realizÓ en libia, en el paÍs de origen de la familia. se tratarÍa del hermano menorde salman. fuera del reino unido, estarÍa tambiÉn arrestado el hermano, otro de los hermanos del sospechoso. javier: ellos son cuatro hermanos . estÁ ismael adebi quienes por supuesto estÁn siendo bi

mills, google, intel, microsoft, national grid, novartis, pg&e, shell, unit lever -- unilever and wal-mart. as michael bloomberg put it, washington won't determine the fate of our ability to meet our paris commitment. mr. president, i ask unanimous consent to enter both of these letters into the record. the presiding officer: without objection. mr. whitehouse: these companies know that climate change could disrupt their supply chains, make water or commodities more costly or royal their international markets so they are moving ahead whether the president and congressional republicans are with them or not. mars, the maker of m&m's and snicker bars has pledged to eliminate greenhouse gas emissions from its facilities by 2040. when asked by "the new york times" if president trump's threats to leave the paris accord would affect mars' plans, global sustainability director kevin rebenovich replied this doesn't change our commitments. we're doing this because we see a real business risk. walmart which already has set a goal of deriving half its energy from renewable sources by 2025 recently anno

watch out for rain chances on sunday and lower rain chances as we head in the holiday itself >>> wal-martce aid new wage policy aim at employees who serve in the military. the retail giant says it will cover any gap in pay for employees whose military salary is lower then what they earned while working for wal-mart. company has also pledged to hire a quarter million veterans by the end of 2020. >>> well, snap chat has a new way to share stories with friend, beginning tomorrow, snap chatties adding a feature called costume stories which will allow invited group of people to add pictures and videos. album will also have ge o fencing where you can limit number of stories to people in the certain area like at a party or an event. >>> new gadget will let you print your iphone photos instantly. new print pocket sits in your phone and prints out small pictures in about 302nd. print pocket holds 10 sheets of paper at a time and uses in kless paper so you don't need ink or tone or. it is available for $149 and only compatible with iphones. >> cool. >> very cool. >>> well, piece of space history wi

wal-mart will be a key factor watch today. first quarter results over the opening bell comes amid a record in season for retailers so far. shockey is. chris cornell, the front man for soundgarden and audio slave dead at the age of 52. shocking death comes hours after cornell was performing in detroit. so much going to cover this morning. we will honor chris cornell of a terrific position you must. should an hour long, fox news correspondent bak braille. pwc part or mitch rochelle. but the selloff yesterday an overreaction? >> a very well could be. i don't think it was an overreaction showing the build and build at the agenda was starting to slide. once the news broke people started selling. >> no one wanted to be first to get out of the market. many reasons to leave the markets out of washington. the tax refund is no effect. >> it is still the safesways to invest on the planet. still other cash on the globe. >> will he bounce back today now that we've seen special counsel appointed to look into this probe. trade to what that q

amazon sales jumped 23% during the same time period, wal-mart sales had a real renaissance since wal-martd its digital shopping experience. as brecks and mortar sales, macy's stock down 17% after announcing that drop in sales, really, all of these did poorly yesterday. kohl's, j.c. penney, sears, retail companies employ one in ten americans and that industry shed tens of thousands of workers in recent months. so that has been a part of the jobs mark that been very important to watch here. >> all right. stephen colbert taking on president trump after the president took aim at the "late night" host. >> oh, no. oh, no. oh please don't make me trend on twitter again. >> colbert-trump trolling when "early start" continues. this mother's day create a gift from the heart that could only come from the pandora boutique at jared. a world of pandora... including exclusive pieces designed just for jared. ready to be mixed, matched and stacked with help from jared's own pandora expert. the one gift that speaks volumes, you'll both treasure forever. that's why he went to jared. listen up, heart disease

>>host: your launch partners wal-mart and bank of america and boeing what are those? to make people who were advertising when we launched in we went down based on the reputation or what we wanted to do we had a series of want advertisers now we have probably 30 different companies or organizations that have. advertised with us if you want to reach a big audience it think we are a good place to go. i am not in the game against discriminating adjusted to the code of ethics in decency with the ad you run we will not pick theik companies that is it dangerous road for any media company. >>host: virginia republican nine.ex >> caller: i just want to comment this is my first time listening and enjoying the presentation but i'm enjoying the philosophy in the depiction of the manifesto you discussed earlier to shut out the white noise because it is so overwhelming that is of cysteine cheated and not presented by somebody who is a professional or an expert in their fields lie an excited to try out the web site.. so how do you stay focused to find that an unbiased news to stay in

back in 2015, a wal-mart employee sued the company claiming that she was denied medical insurance fory 8 million-dollar settlement would cover claims of those employees who were not able to obtain coverage for their same sex spouses from 2011 through 2013. >> for the first time in history if you take a white house tour you will get to see the movie theater in the east wing. the tours kicked off on friday. the theater was created in 1942. it has red seats and decor. if you want to go on at a white house tour contact your congressional representative. >> for the second year in a row miss d.c. has been crowned miss u.s.a. cara mccullough was that crowned this year's winner sunday night at the mandalay bay in las vegas. mccullough is a chemist who works for the u.s. nuclear regulatory commission. she also funds an outreach program called science exploration for kids. miss u.s.a. 2016 deshauna barber was also from d.c. >> both of which have graced us with their presence in the loft. >> i was like you work for the nuclear >> yes. >> and you are gorgeous. >> amazing. love it. >> sounds to me