is walmart doing enough? >> the scale of walmart is hard to wrapour head around. they have 220 million people shopping there every week. in the united statet they sell abthird of all the food that we buy at retail stores. they can always do more. buo what they have shownr is a serious commitment, and the journey is an ongog one of imprvement. >> reporte walmart's newest initiative is called "project gigaton," which aims tppo persue ers to remove 50 times more greenhouse gases, or one billion metric tons, by 2030, abouthe same amount of pollution as germany emits in a year. walmart, known for squeezing suppliers to keep prices low, is putting a green squeeze on them now, though one that's voluntary. >> it sends a message to their 100,000 suppliers all around the rld: if you want your products on our shelves, cut your pollution. >> reporter: one of those suppfoliers was alreading its own path to sustainability. the candy makerars, inc., best known for m&m's and snickers bars, has set an aggressive target of using "zero carbon" in its operations by 2040, eliminating

walmart already pays -- walmart has been raising their pay, so i'm not saying they're not -- raisingsayingy're their pay today. they have been raising their pay annually. told the pay has been raised, the per-mile pay every year. is, otherroblem carriers are raising their pay three times in one year. tougher.etting so walmart has to do a little bit more. they already -- their pay is already at the top of the scale, though. >> i'm curious, how do you compete with that? when you see these other companies not only offering better pay and better incentives, how does walmart compete? >> the most important thing for is theiris how regular schedule. at walmart, a lot of the drivers i talk to, they're on a five-two system. so thigh are out on the road five days a week. but they know they are guaranteed is their days at home. so that's what's really more thertant for truckers, is quality of life. how much time am i going to be with my kids? getting lifestyle perks rather than always just money. >> yeah. there's a lot of things companies can do rather than just move the pay scale. that said, walmart

walmart announcing last week it's going tos use the technolg for employee training at every walmart storeerica joining us here now, derrick belch. great to have you here with us you've got the oculus go. >> i have an oculus go. >> that's going to be in those walmart stores so a couple of years ago, everybody was talking about vr as the next big thing for consumers. we saw it with gaming consoles it was a big holiday push. here's what your pc needs to do horsepowerwise to drive this didn't really happen is the employee training market where it's really going to take off first and then maybe it goes broader? >> i don't think it's going to be maybe i think it will get there. it's not surprising to us that headset distribution and saturation has been slower on the consumer side. mainly a gaming device for today. but we certainly feel that when more employees throughout america and really the world start to touch these things, literally and metaphorically every day in their jobs, it's going to trickle down to the consumer much like we saw with computers a couple of decades ago. >> 4700 stores

walmart is the largest.hey're warning robert lighthizer, these tariffs go into effect prices may have to go higher for the consumer the first round will increase by 10% on september 24th and then 25% on january 1st look at this list. it took me several hours yes, sir. >> it's long and hard to understand i don't know a lot of the things there's a lot of chemicals and weird products >> would products, products that go into beauty products. they also say carpet, christmas tree lights, patent leather, bicycles, golf bags. if all of those things are subject to a tariff, walmart says we will be forced to increase prices. >> could they buy american >> walmart has been trying for years. they had a big initiative and they laid out 2$250 pill o250 bt they wanted to buy in american made goods over the course of several years. they do a big event every year where they are trying to find more made in the usa products. so they have tried to do that. but i think unfortunately we don't have the manufacturing capacity to mak

((ááádeniááá))the e-o-c's first priority is the safety of walmart employees.or of emergency operations, have what they of their families." ((ááádeniááá)) mcdonald says this isn't the company's first storm and it's prepared for whatever florence ((ááásotááá))lucas mcdonald, director of operations, walmart - "all disasters are different and you're never completely ready but we believe we have the knowledge and experience to dour best to support those communities." deni kamper, knwa -- "the operations center will stay open for florence makes landfall to help its associates and stores recover. in bentonville arkansas deni kamper back to you." (grant) joining us now is chief meteorologist lawrence karnow...(vicki) lawrence you've been monitoring the hurricane all night, how is it looking now? lawrence karnow: hurricane florence is pounding the carolinas with hurrincane force winds, heavy rain and flooding. it has slowed down and weakened as a category 2 storm. its expected to make landfall tomorrow and cause widespread flooding and damage. the weather around the ba

areas where walmart doesn't have strength. >> meaning you are not overlapping. >> absolutely. and this is the first foray of that and what you are seeing is just the start. we will learn lots over the next few months and we'll take it into other cities around north america. >> but you are data sharing presumably walmart gets the data from the new york city shoppers that jet.com has. >> i think the areas where we look to share, buying scale, sharing infrastructure i think that gives us an advantage that we can pass on to customers with great prices and access in a certain way. >> got it. thank you very much. appreciate you being here with us >>> so the world's richest man jeff bezos 45s announchas annou charity and he kicked it off with a 2 bh$2 billion donation. robert frank is joining us what will he do with that money? >> he announced that he and his wife are announcing a new fund called the day one fund. they have committed $2 billion to its launch and it will focus on two things. first will target the homeless problem by giving to existing groups bezos has had a lot of inv

what am i getting rid of of course, walmart walmart, the stock has been on a tear it has been on a tear and it's gone from 82 to 96 and 97 on valuation close to 20 times forward earnings and i think it's too rich and it pulls back and i've got it on my hanger what else am i buying? between the gap and l brands you have to go l brands. first of all, we can play the gratuitous footage of victoria's secret and second of all, you know what? at a certain point, it becomes compelling on valuation and last quarter it wasn't a total disaster and on a valuation basis, so i'll take the shot there and gap, i'm hanging it up why? because i'm the least cool person in the world and i don't even shop at the gap so if i'm not shopping there, i don't know who is. back to you, mel >> just to clarify because the symbols might be confusing to some at home the hanger denotes putting it back on the rack because you don't like it. the bag means you're putting it into the bag and you're going to buy it guy likes ulta and guy does not like walmart and gap >> i can see guy shopping at victoria's secret, ultimate

walmart can see around the bend. one of the things we believe, the future is not just about platforms, it is about brands. if you want to win, you have to own great brands some in store, some part of the e-commerce portfolio like what netflix did. they started making their own content. and we're of the belief the same will happen in commerce. >> one last thing. i saw a statistic that 20% of manhattan retail real estate is vacant do you see markets there's so much space, why is nnot one more store. >> we are overstored, 4 to 1 compared to germany. we'll see fthere will be adjustment some will thrive, some won't some streets will do well. we like crosby street, madison had a moment we looked at bleaker, walked away from that you have to be a retail merchant to figure out where is it going on that's not just stores, it is about restaurants, cafes, mixed use spaces. >> fascinating >> sounds like you say apple was visionary in that regard, picked high premium locations early on when people thought it wouldn't work for the

walmart is warning that president trump's tariffs could hike prices for goods in walmart stores. is a warning. mcdonald's upping its dividend 15%. you will get $1.16 per share. investors like it. it's up 2.5%. 2.25%. not bad. big tech names, let's have a look at that. especially microsoft. it is up now just 14 cents, $113.73. the other big techs are actually down. they had been up, now they are down except for microsoft. >>> look who's here. dorri wiley is with us. i know that you like some of the techs. you like them big-time. start with apple. i know you love it. make your case. >> let's talk about apple. they got the new phone coming out today. think about them for a minute. they have enough brand loyalty to get $1,000 for a phone. think about that for a minute. then when you compare them, they got the lowest p/e, they return almost three times for every dollar you invest in them. i like apple right here and they have momentum. stuart: if they raised the dividend, i might buy it and treat it as a utility. what's wrong with that? >> nothing wrong with that. that's kind of icing

brands, the names you know, including amazon and walmart big competitors, kroger, walgreens and the list goes on and on costco, macy's, ebay, target the first is the xrt itself and then, which is key, the relative performance to the s&p 500 one, what we know is that we made a slight new high but basically we have been rebuff there. it's been basically straight down so there's no outfit here this relative to your choice being the market but what's really important is every single time we have gotten to this down trend line, we have failed not a good sign. i don't like it. moving on. here's the xrt itself. they're going to come down to the trend line that's been in effect i'm betting that's exactly what is going to happen to xrt. there's a message here about retail. >> he doesn't like it. >> this is kind of an interesting one and it sets up well for options one of the things is the fact that xrt is equal weight names like target and costco and walmart, they have the same as that and those are the same impact on xrt and what ends up happening is that typically if the market takes a down tre

. >>> plus, walmart, their tariff plea. free bud lights and charlie on the media battles here at home and also abroad. we are less than one hour to the closing bell. let's start the countdown. >>> breaking news out of hewlett-packard, the company saying it is disappointed with the latest china tariffs, also saying it's going to face various challenges arising from the tariffs, saying changes to the open market system will impact its manufacturing, its manufacturing costs and its ability to invest. look, another day and another record on wall street for the s&p 500, which has just turned low lower. the dow jones industrial average certainly is up, at another all-time high. we are on pace today for the 101st, 101 record close since election day. the s&p clinging to gains and the nasdaq is down by .4%. at the close today, we will see something big, a shakeup in the s&p 500. here's why. alphabet, facebook and netflix will move from the tech sector and they will move to the new communications services sector. that starts monday.

what does walmart say to this?l you in general is 73% of them tell us the trade tensions alone are already impacting their businesses. that's not just because of tariffs, it's also because they're losing sales because the cost of their goods going into other markets are more expensive. they're losing out not only market share in the united states because of increased cost, but around the world. cheryl: well, let's talk about that. i mentioned that 45 hours of testimony and i think you had 300 plus individuals that wanted to have their voices heard, and most of it was please don't go through with this. were you a part of that process? >> we didn't go to that, but i appeared twice before two other hearings. cheryl: what would you say to the president if you did have his ear, somebody in the administration maybe, what would you say about these tariffs? if you're the voice of a company, what do you say to him? >> the message the president needs to hear is the fact that he has gotten the attention of the chinese. the fi

it's been a good trading stock which is rare for walmart. you've been able to trade around it i think it was 12 months it was 110. >> to your point, judge, this is up 50 cents on a significant upgrade that ends up not being quite so significant >> you go in for the hunt. >> why did you -- did you sell target >> we sold target. here is the interesting thing. we bought target in april of 2017 when the whole foods/amazon deal happened. that valuation just cracked. walmart never cracked. that's the blessing and curse, also it doesn't crack it holds up. so then it looks like target has been amazing relative. >> jon is focusing on the transports coming up he has a new trade on one stock that is up 45% in a year unusual activity is next first the s&p sector check let's get to bill griffith with a look at what's coming up on "power lunch." >>> thank you, scott coming up at the top of the hour the president is expected to hold a news conference with the president of poland around 2:00 eastern time trade sure to be a topic on the agenda we'll bring th

up first, walmart.ays has reinstated coverage the firm says the big box retailer is in a phase three of what has been a successful transformation saying it will be more relevant in improving e commerce barclays has suspended coverage since early may because of a conflict of interest >> it blew away expectations next up another retailer, the mystery chart revealed, restoration hardware reported mixed results yesterday after the bell missed on revenue and cut its revenue guidance it had been a big winner up more than 75% down 13% a great interview tonight. the ceo will be joining jim cramer it's an exclusive interview, talking from the brand-new store out in the meat packing district of manhattan at 6:00 p.m. eastern including a restaurant and the restaurant has been talking up these high-end restaurants, one in chicago, for instance >>> we have some comments from president trump. >> i think i've ever had, in fact, mitch has never said anything so nice i think steve said something just as nice i think the

walmart is the most prominent example.hat was a stock that a lot of people are saying obviously they're facing significant pressure from amazon what it does tell you is you have snamall stocks with greater risk: >>> now to one area of the consumer space that has been sitting out the rally, that is the so-called safety stocks acting like anything but this year down 5% as the worst performing sector of 2018. one of the biggest names in the group reports next week. walk us through. >> pepsi is reporting. we're talking about consumer staples here this is an interesting conversation right after that retail one consumer staple stocks have the worst performing sector in the s&p right now. they're down about 3.5% on the year the etf that tracks the sector is made up very different. the top five stocks make up 50% of the weight, those are pepsi, coke, procter & gamble, phillip morris and walmart the best one on the year is unchanged on the year. the worst one, phillip morris is down 23% on the year i'm not holding my breath for any

last night we went out to the stores, to the walmart shopping to see what was there. we were getting our own supplies, but a lot of shelves were cleared at walmart, all the produce was cle cleaned off the shelves. they are preparing for this, in the event that power will be lost, if not just for days but potentially weeks. what have you seen the media is there you are there. please, don't hang out too much. be safe when you can are you seeing any other signs of life? how many people still remain in that area, which, as you noted to us yesterday, is really stuck hard between the ocean and the cape fear river. >> it's difficult to give you a numerical estimate, but just by seeing the traffic flows, yesterday there was heavy traffic going out of town. but even at this early hour there are still people on the road there are people here. there's not a mandatory evacuation in place until this evening. remember, even a mandatory evacuation, it's a strong suggestion they can't actually make you leave. they're just saying if you stay here, you're staying at your own risk the r

look at this crowds scrambling for supplies at a north carolina walmart. we show that you and hurricane coverage. this story, as lives at stake. democrats are trying to score political points, we'll give you details and that backlash. >> we're monitoring this hour, president trump posting a congressional medal of honor reception at white house. >> and so call the party of tolerance taking intolerance to a new left, democrats accused of bribery extortion and more threats of physical violence and eric trump ripping into msnbc post for theying in an opinion piece that president trump is more dangerous to country than 9/11 terrorists, we have the sound and fight coming up. thank you for joining us and watching, money, politics we got the debate, i am elizabeth macdonald the "evening edit" starts right now. liz: there was mixed seesaw action on the but first a shift in hurricane florence that debate among meteorologists. it is still headed to carolina coast, forecast say this storm may stall offshore for a day or longer, as a cat 3, punishing a longer stretch o

now what-- walmart he gotta take walmart. what else can i do?e ground. >> there were some jor flip-flops in there for 30 bucks. orw, that's a great deal. you cannot find non flip-flops, the brand-new kind, for no 30 bucks.e theyobably not real, but guess what? >> is that a great deal when i can go to walmart and buy my... the shoei'm wearing i got from walmart for five dollars. >> i'm talking about ne-brand stuff. that's a good deal, mama. >> my sandals are nice, right? >> if you listen to it, it's a good deal. >> you want some of those, rit? see, that's why i like y'all when y'all small. they accept stuff.to you gettinbig. your feet growing. you in grown people's shoes now. (groans) please stop growing! (chuckles) >> i'm embarrassed because i'm poor and because i live in a shelter. it makes me feel like i just... wish i never lived here. >> there's a kid at the school.. who lookress worser than me. but he has his own house, ough. he got a house to call home. he don't have to go wn with thousands of people to eat dinner. he can run to his refrig

breathe easy. there's therabreath at walmart.

look, i like walmart very much, it is expensive, but be careful.ere is the one thing i would tell you because of the tariffs, probably guys cutting tariffs. and that, ladies and gentleman, concludes the "lightning round"" >> announcer: lightning round is sponsored by td ameritrade >> booyah, jim. >> maybe they are not my style, but they look good on some people, i'm sure. >> maybe we need to take these worries not with a grain of salt, maybe a whole container of iodine enough oh, and there's the closing bell. (sighs) i hate missing out missing out after hours. not anymore, is enoh td ameritrade lets you trade select securities 24 hours a day, five days a week. that's amazing. it's a pretty big deal. so i can trade all night long? ♪ ♪ all night long... is that lionel richie? let's reopent. mr. richie, would you ring the 24/5 bell? sure can, jim. ♪ trade 24/5, with td ameritrade. ♪ ♪ south l.a. is very medically underserved. when the old hospital closed people in the community lived with untreated health problems for years. so, with the county's help

i was going to point out that walmart is one of thousands of u.s. companies that filed comment and letter to the trade representative over the summer before the tariffs went through. on one hand u.s. biss fusinessee complained about not getting preferential treatment and intellectual property threat on the other they are going after the u.s. for tariffs how do you square those two things that they want fair terms of trade with china. they a longer term strategy to force companies to reposition their supply chains. that's what the administration is saying. all it will take is three months those can be shifted around to other countries or back to the united states. i think when you begin to look at the longer term prospects it begins to look like a business environment for the coming years. >> we'll see how this continues to shake out in corporate america. thank you for weighing in. >> you bet >> let's talk about how immaterial pacts the market. joining our closing bell exchange today cassandra is here and jim and rick joining us from chicago. jim, re

barclays telling clients to buy shares of walmart. analyst started coverage of the stock with an overweight. rati the firm predicts that walmart's sales growth will rmoutperts peers. the price tart't $110. walm shares rose. 1% to $96. ubs lowering its price target on general electric now to 13 a share. the analyst cites pricing pressures and share losses in the power market. e firm maintains its neutral rating ohathe stock. to fell a fractio $12.56. >>> anthem upgraded to overweight from equal weight at morgan stanl. the analy says merger activity in the sector and drug pricing reform could result in accelerated profit growth. the price target now $368. anthem shares rosee man 1% to5. 267 still ahead, a german automaker's big, surprising bet. >> in the midst of president trump's trade dispute, mercedes benz is expanlang an auto in south carolina. i'm phil lebeau outside of charleston. that story coming up on "nightly business report." ♪ ♪ >>> trade tensions between the u.s. and europe are far fromso ed and that's not stopping automake

we'll start with walmart reuters says the retailer sent a letter to the u.s.ple weeks ago saying it might hike prices on food and personal care items micron raising its own red flag. the chip maker says gross margins will be hurt by the latest round of tariffs. those comments overshadowing the company's earnings, micron did beat on the top and bottom lines. by the way, quick programming note, the ceo will join us in the next ally of "squawk alley." micron said this was about the near term maybe, the next three to four quarters. >> we don't have a domestic supply chain so it's very hard for companies whether you're consumer like walmart or semiconductor company to source things in this country which is something i think the trump administration wants to see. as a result you'll be penalized when you see these tit for tat tariffs. walmart owns 10% of the retail market in this country i don't know how people are arguing that consumers are not going to feel this. >> they are going to feel it the question, though, is is it a good time for them to take this pain give

cheryl: well, walmart testing a new delivery program.lauren: tracee carrasco joins us lauren: walmart testing its own network of independent delivery drivers to deliver groceries. the new delivery system online drivers using their own car to make these deliveries took walmart will use a third-party company to recruit, that and pay the drivers. testing is underway in nashville and new orleans. walmart hopes to offer home grocery delivery to 100 metro areas by the end of the year. lauren: they are competing with amazon. what is starbucks doing overseas? tracee: starbucks will open an upscale cafÉ in milan, the first in its country and 35 years after the chairman visited is silly-- italy and was inspired to set up his own coffee chain. it will be high-end and so will prices. prices nearly double what italians pay at their local coffee shop. starbucks says the cafÉ is a premium experience hence the cost. cheryl: that has been his dream. domino's pizza, free pizza for life promotion went completely haywire. what happened? tracee: domino's piz

and later, the trade war with china hits walmart shoppers. medicare is great, but it doesn't cover everything, only about 80% of your part b medicare costs. a medicare supplement insurance plan may help cover some of the rest. learn more about aarp medicare supplement plans, insured by unitedhealthcare insurance company, the only plans of their kind endorsed by aarp. with any medicare supplement plan, you can choose any doctor who accepts medicare patients. call today for a free guide. who accepts medicare patients. i love you, basement guest bathroom. some retreat to the woods for solitude. i just go downstairs. i love you, but sometimes you stink. febreze air effects doesn't just mask, it cleans away odors. because the things you love the most can stink. and try febreze small spaces to clean away odors for up to 30 days. breathe happy with febreze. breathe right strips are designed to simply when nighttime nasal congestion closes in, open your nose right back up. ♪ breathe better. sleep better. breathe right. n glor: california governor ona

i mean, if you went into a walmart and said i'm here to organize -- i mean, walmart the, the walmart family, the walton the would never allow you to even get in walmart. i mean, they're the great union-busting corporation of america. but if you could get into a walmart and said we're here to organize for a $15 minimum wage, you would certainly have people of various political persuasions who would join you in that cause. and i think we have to -- i am very critical, as you know, of the politics of multiculturalism and identity politics divorced from economic justice. and i think that, you know, there was -- i think it was lord or salisbury said there's no, there's no permanent alliances, only permanent power. certainly it was how saul alinsky worked in chicago. we have to organize around issues that affect the lives of working men and women and the poor and, you know, who they voted for, if they voted, you know, whatever. i mean, i think we have a right to ask them to respect everyone around them, but we're only going to build significant change by making these alliances not falling

barbara had moved back to florida, remarried, again, had a daughter, took a job at walmart, but still david, even as he lay under the ground practically next door to the very walmart where she worked. what did that do to you? >> it's an eerie feeling. it's, you know, that he was in that area, that i didn't even know about. >> such an odd coincidence. too odd, maybe? time for a chat. detective velasquez called barbara, got herself invited over to barbara's house. barbara seemed to have no problem talking about david. she said she cared about him a lot. and i say, well, how is david as a father? well, david became abusive towards johnny physically and emotionally, verbally. >> wait a minute. this was a whole new wrinkle. up until now, everybody about david's history has been squeak y clean. >> as an investigator and as a mom, i begin to say, did you ever call the police? she said, oh, no, i -- i never called the police, she says, i just thought he would change. she proceeds to tell me that i documented the injuries with photographs. never produced any photographs for me. >> for us, by t

sit a battle for margin with amazon now in the space it has ban lot more volatile ride wall hu walmartutting up such a good quarter it is hard to compete. >> they didn't sell hot sauce before >> no. they did they the put the mexican hot susu sauces with the rest of the hot sauces americans have seriously hot hot sauce. >> no such thing as too hot. >>> time now for cnbc news update >> here is what's happening at this hour. the number of people diagnosed with cancer is growing worldwide. the world health organization says one in five men and one in six women will develop cancer during their lifetime. it estimates it has risen to 9.6 million deaths in 2018 >> these numbers should be a call to action cancer growing in the poorest countries. >> it is the final primary day in america it is underway as new york voters go to the polls to contest features andrew cuomo who voted in west chester county she being challenged by actress cynthia nixon. >>> volkswagen of america says it will end protection of the famous beetle. the company says two special mod models will join for the last model year

so fa walmart has shipped nearly 3 million cases of water. truckloads of emergency supplies like batteries,oxes of cereal and cans of fruits and vegetables are onhe way to hard hit areas. ould ompany announced it match company donations for hurricane relief. >>> after hurricane florence tharsands of damaged by flood water could be headed to a used car lot near you. >> these car can have massive problems. how to spot a flood damaged car. >> it's illegal i most states to spread flood damaged cars without disclosing the damage. but that doesn't mean it won't happen. >> a flood damaged car is declared a total loss by the insurance companynd isn't communicated to buyers. >> mechanics should conduct a thorough inspection but there's things you should do too. over to thing is come the front of the car. inhale and see if there's a moldy or muy smell. next, pop up the trim panel on the door here. if the carpet is dirty or ifs therny rust. if there's any kind of sediment or dirt or stone, that's what haened when the water came up and in the car and it

>> doing major in music. >> so you just heard me say what walmart is doing and walmart wants to helpu $50,000. >> yea saw ollege students. thatsust a -- can you just imagine that? >> that would be pretty cool. >> es herbally pecially if you' fan. you can watch that all coming up for you at 4:00 followed by nbc bay area news at 5:00. that's at 5:30. >>> coming up, it's a story everyone will be talking about today, kaepernick at the face of nike's just do it campaign. twitter the sounding off. we'll show you how people are reacting. >>> a peninsula man back home after spending weeks locked up in a jail. >> i made them really angry. >> we'll tell you what he is accused of doing next for you. you're watching today in the bay. california phones offers free specialized phones... like cordless phones. - ( phone ringing ) - big button, and volume-enhanced phones. get details on this state program. visit right now or call during business hours. there comes a point when you realize the bathroom you used to love needs a makeover. let a professional rebath design consultant help craft the look y

barbara had moved back to florida, remarried, again, had a daughter, took a job at walmart, but stilla candle for david, even as he lay under the ground practically next door to the very walmart where she worked. what did that do to you? >> it's an eerie feeling. it's, you know, that he was in that area, that i didn't even know about. >> such an odd coincidence. too odd, maybe? time for a chat. detective velasquez called barbara, got herself invited over to barbara's house. barbara seemed to have no problem talking about david. she said she cared about him a lot. and i say, well, how is david as a father? well, david became abusive towards johnny physically and emotionally, verbally. >> wait a minute. this was a whole new wrinkle. up until now, everybody about david's history has been squeak qui cle y clean. >> as an investigator and as a mom, i begin to say, did you ever call the police? she said, oh, no, i -- i never called the police, she says, i just thought he would change. she proceeds to tell me that i documented the injuries with photographs. never produced any photographs for

i just was in a walmart. smelly walmart people were there, i could smell the term supporters.arlier today the president responded on twitter "so terrible, nothing being done at the doj or fbi, but the world is watching. and they get it completely." we did reach out to strzok, page and the doj, we have yet to get at response. more on these breaking news developments. sarah and greg will join us in a few minutes.. we shift our focus to what is the most in important midterm election of yourve life. i will say this for the next 56 days. last night i called her need to wake up, pay attention.f republicans, to be very blunt because i only tell you the truth, they are in real danger of losing the house of representatives and the senate? i'm not that comfortable about thatpu either. look at your screen.ar if that is your district he will likely decide the fate of this country in 56 days. democrats win these races, the trump agenda will be stopped. it will halt right in its tracks. all the progress we've been telling you about, the democrats, their insane quest for impeachment will beg

why he calls it the walmart of streaming.t's coming up see that's funny, i thought you traded options. i'm not really a wall street guy. what's the hesitation? eh, it just feels too complicated, you know? well sure, at first, but jj can help you with that. jj, will you break it down for this gentleman? hey, ian. you know, at td ameritrade, we can walk you through your options trades step by step until you're comfortable. i could be up for that. that's taking options trading from wall st. to main st. hey guys, wanna play some pool? eh, i'm not really a pool guy. what's the hesitation? it's just complicated. step-by-step options trading support from td ameritrade takes more than just investment advice. from insurance to savings to retirement, it takes someone with experience and knowledge who can help me build a complete plan. brian, my certified financial planner™ professional, is committed to working in my best interest. i call it my "comfortable future plan," and it's all possible with a cfp® professional. find your certifie

one of them is like doing software for walmart, to catch employees who are cheating. another is doing wall street derivative and the third went and saw fermi's problem. the other two took a crack at what they could have done, going to mars right now. >> we have all debate in the open science movement about democratizing access to scholarly work, the person who can cure your cancer is one pay wall away from reading the article. >> this is the end of the book, skipped that. i come out with the argument for unconditional basic income and one of the arguments i make that is referred to as the einstein problem, it is one of the objections to giving everybody money and think it is up to you to figure out what to do with your life, one objection is people are lazy and don't want to work but we know that is not true, otherwise they would not be so miserable in their jobs. the other one is they are going to go off and do stupid zhit, go off and become bad poets or try to prove the hollow earth theory or something like that. there will be some of that. >> you just described you

that's been a continual of things walmart was downgraded >> what was downgraded >> walmart that is a know they are doing a lot of they thinks right. let's watch lulu but that was and sometimes it is okay to say you miss it. >> we are taking a look at craft times there at the end add "mad dash," maybe a new analyst at morgan stanley >> owe yeh yeah, star >> valuation level for ibita is too high for a company that delivers 1% organic sales growth of last week's six quarters. mma has not occurred where the pie is shrinking as consumers go to healthier choices. >> he does not like a lot of stuff. >> no. >> those stocks have been creeping up. one of the reason is this continuous sense of some sort of ana. the strongest stock in the segment have been mccormick. by the way, i think tyson could be under pressure. >> surprisingly because he's a young man. >> for personal reasons. >> personal family related reasons and he was only appointed in '16 >> and well thought -thought of right? >> we did not talk about ed greene of the top part of dupont i think a lot of people were thinking that green

. >>> coming up here on "today in the bay," walmart is taking new steps to help you quickly check if the food in your refrigerator is contaminated or recalled. >>> plus shopping on snapchat, the company teaming up with retail giant on a new way to help you spend your cash on your favorite goodies. we'll show you how it works, coming up next. you're watching "today in the bay." you could generate your own energy, at home. or to save energy, unplug unused appliances. do your thing, with energy upgrade california. >>> good morning. i'm eric chen at cnbc global headquarters. here are today's top business headlines. wall street is indicated to open modestly higher this morning. stocks fell yesterday though with the dow suffering its worst day in more than six weeks on worries over political turmoil out of the white house and the escalation of the trade war between the u.s. and china. oil prices are higher again today as saudi arabia and other countries resist calls to raise their production to offset losses from iran, when u.s. sanctions go into effect in november. on today's watch list,

in ter of quality, though, giant, safeway, shoppers, target, and walmart received low marks from their customers. and that whole foods/amazon impact, well, the survey found produce prices have lowered a bit, but it's still the area's most expensive grocery chain. >> you have amazon and walmart and target and all these different companies really spending a lot of money, investing a lot of money to be in this business. and the reason isn't so much that they think they're going to make tons of profit selling groceries. what they want to do is say, okay, they want to get you used to buying everything from thaty comp >> we're continuing to work for you. coming up tomorrow, we are compari comparing grocery delivery services. how much extrali are you wil to pay to skip the store? see you then. >> time is money though, right? >>> it's now 4:25. new this morning, parents caught on camera shoving their son into the trunk of a car. you say it's not what think. hear what they claim is really going on coming up. >>> plus a contract extension dd a raise for the h of metro. we take a closer look at h

. >> walmart sounding their alarm with the latest tariffs.ketbook. >> it could cost you. walmart says pet products will go up if the tariffs are implemented. that makes sense. president trump seen here in china during a previous visit said a new round of tariffs beginning monday will start at 10% and rise to 25% at the start of the new year, if a new deal isn't made. walmart predicts if that happens, customers will pay more for many items in stores. china announced they would levee tariffs on $16 billion on u.s. goods. it urged the two countries to resolve their differences. >> what we have been seeing for months and months is becoming law. you can freeze and unfreeze your credit report for free. it makes it impossible for identity thieves to ruin your good credit or steal from you. it used to cost $10 to freeze and another ten bucks to unfreeze from each credit reporting agency. this became more urgent after the equifax breach last year that hit 148 million consumers. they released a statement that said, it's about time. >>> a listing finds

walmart to the downside.lling nike products. they will be starting this in the new york city area but hope to make this offer nationwide. in the meantime, the ceo saying we are bringing the growth experience, the fashion experience that customers can check out in just one cart. walmart acquired jet in 2016 for $3.3 billion and hope that this new focus on same-day delivery and also working on delivery service in other cities as well. walmart and amazon, winners in the last year. do these moves look familiar? then you might have a condition called dry mouth. biotène is clinically proven to soothe and moisturize a dry mouth. plus, it freshens breath. biotène. immediate and long lasting dry mouth symptom relief. captured lightning in a bottle. over 260 years later as the nation's leader in energy storage we're ensuring americans have the energy they need, whenever they need it nextera energy. stuart: florence closing in on the north carolina coast. jeff flock is at carolina beach. i understand you are beginning t

we're in the early innings of this but the ceos are correct a walmart is a low margin business modelperating margins are 4%, 5% if they get an increase in their goods, they have to pass that along to customers that also goes for industrial. >> you brought up the sectors. you're a portfolio manager as you talk about the way the cost structures are evolving, given what we know about tariffs right now, does that mean you have to change the way that you look at investing? are you looking at certain parts of the market that are more attractive than others because of that particular cost pressure that's building for certain industries >> we have not been that terribly concerned as of yet, but we are concerned that this overall the u.s. economy and the global economy will start to slow down if this gets to be more of -- or accelerates. we would stay with more rising dividend companies, consumer staple companies we would go with the walmarts of the world. you want to be with the steady eddies at this point you have had growth stocks on a tear you want to move towards low volatility value com

what makes walmart the great company it was?nd kmart, which was a giant compared to walmart when it started, is now bankrupt. gone. the old kmart went bankrupt. it is now part of sears, and they are struggling. what was the difference? people. sam walton. sam walton and all the people he had around him. tom cotton and david glass, and now more recently doug mcmillon. the guy who runs it now, he is fabulous. people. it is always the people. david: when you go in and take a look at a deal, how do you assess the character of leadership? what defines for you a good one from a not so good one? ken: let me give you a specific example. i met jeff bezos at the conference last year. i told him i would love to come out and spend some time with him. and he in turn said he would like to meet frank blake, who ran home depot. he is retired now. so frank and i agreed to fly to seattle and have lunch with jeff. we had lunch in his boathouse. and let me tell you why this guy is a huge winner. two fabulous, incredible ingredients like ham and che

consumers buy.think about the made in china tags and walmart. iphones are a big part of the story as well. potential for higher consumer prices versus goods we have already seen tax. >> when you get news like that, two weeks ago, that market would have sold off big time. now -- >> related to understand with the $200 billion being talked about right now, what kind of goods that will be on. this 267 is in addition.so far in the future and so much decision has to happen. there are a lot of unknowns. >> i tell you i am shocked. it is clear evidence of a trade war. i mean they are going at it. and the market is still going up. 90 points. >> we saw a large trade deficit with the rest of the world and china. it's been getting bigger as the same time. >> i don't understand why the market is going up in the face of what used to be considered very negative news. >> if you see larger trade deficits and this is not disrupting maybe companies and behavior, the tax cuts and the rest of the economy are good enough to offset what at this point has been a relati

what makes walmart the great company it was?nd kmart, which was a giant compared to walmart when it started, is now bankrupt. gone. the old kmart went bankrupt. it is now part of sears, and they are struggling. what was the difference? people. sam walton. sam walton and all the people he had around him. tom cotton and david glass, and now more recently doug mcmillon. the guy who runs it now, he is fabulous. people. it is always the people. david: when you go in and take a look at a deal, how do you assess the character of leadership? what defines for you a good one from a not so good one? ken: let me give you a specific example. i met jeff bezos at the conference last year. i told him i would love to come out and spend some time with him. and he in turn said he would like to meet frank blake, who ran home depot. he is retired now. so frank and i agreed to fly to seattle and have lunch with jeff. we had lunch in his boathouse. and let me tell you why this guy is a huge winner. two fabulous, incredible ingredients like ham and che

pasaje el laza se deve a s costo del combustible puede ser ademas celaos noches antes del vuelo >> walmartea aumentaran los o precios de acuerdo a una carta al re representante compartio la carta urgio a ambos paises a llegar a un acuerdo permite congelar y descongelar s su credito la ley exige e equifax udesbl e desbloquear una hora despues de soliciarltarlo >> y muchos se pegreguntan que pasa >> tres bevesbes fueron apuÑalas tres trabajadores de lcentor r murieron baleados un pistolero abroi fuio fuego e oficina dejando a graves a tres estas son una de las tragedias q que se vicvievieron e nn el pais >> deberia estar mas trrestringo el uso de las armas >> elas peliculas y videojuego s son caceptados >> unpero uno crece >> y se le suma >> el temad de la libnert de las armas es dificil tener una >> esos son aterrorizantes donde las personas deberian estar mas seguras >> el 2016 hubo 500 homicidios u un incrementos en comparacion con el aÑo anterior >> ararrestan a un hombre acusa de ser violador sexual en serie en el norte de california y t n tranaj trabajaba aqui en el area de la bahiahia

they've also got an abandoned walmart, they're stacking these kids in like cord wood.en to really nice hotels, or trump hotels. we'd still be the only country in the whole damn world doing it, because it's just plain wrong. so, for father's day, call your elected representatives and demand they do something. ( cheers and applause ) >> jon: yeah! yeah! >> stephen: because, i sincerely believe that it doesn't matter who you voted for, if we let this happen in our name, we are a feckless country. ( laughter ) we'll be right back with natalie portman. ( cheers and applause ) ( band playing ) to most people, i look like... most people. but on the inside, i feel chronic, widespread pain. fibromyalgia may be invisible to others, but my pain is real. fibromyalgia is thought to be caused by overactive nerves. lyrica is believed to calm these nerves. i'm glad my doctor prescribed lyrica. for some, lyrica delivers effective relief from moderate, to even severe fibromyalgia pain and improves function. lyrica may cause serious allergic reactions, suicidal thoughts or actions. tell

i'm standing at a walmart and that is to show because this really developed on sunday into monday and doesn't look like it's going to really make landfall until thursday it's given people time to prepare you can see people are coming out of this walmart here they've got their water. remarkably this walmart has been able to keep up with the demand because it has been an awfully steady flow. one of those who is shopping is george where are you originally from? >> statin island, new york. >> here we are in north myrtle beach. i'm curious, have you been through this before? >> i've been through five hurricanes. >> okay. so what do you know from those experiences, especially when you hear a category 4? >> well, i know for a fact that the water is going to get turned off. the power will get turned off. i bought a couple bags of charcoal to grill. bought five cases of water >> really, what you're talking about is preparation and one of the things that people seem to focus on is ice in fact, i've seen in past storms people get really anxious about ice. remember, this storm is likely to come i

melissa: moving on to walmart. the retailer issuing a warning to its customers saying it might have to hike prices because of on going trade war with china. jack, this seems very convenient to me. i feel like when gasoline and oil prices go up and they will use any cover because they're excited to raise prices. >> walmart is a storefront for china. this is not surprising. i mean this is going to be the front lines of prices going higher. unfortunately these price hikes that we're going to see, who it will hit the most? people with lower and middle incomes, spend higher portion of their income. a lot of people will wipe out whatever they got from the tax cuts. we don't like to see this. melissa: i don't know about that. carol, i bet just like with the airlines, and gas prices, when the trade war is settled, and the tariffs go away they will lower prices back down. no wait, no they won't. >> no. this is like when there is a so-called bad weather and ends up being cover for something. melissa: right, yeah. >> we never

breathe easy, there's therabreath at walmart. securit >>> this is the if.f christine blasey ford decides to testify about her allegations against judge kavanaugh, it would set the stage for a dilemma faced before. in 1991, anita hill accused then supreme court nominee clarence thomas of sexual harassment. and the events that followed became a pivotal moment for women on capitol hill. today anita hill penned an opinion piece in the "new york times" and in part she wrote, there is no way to redo 1991, but there are ways to do better. congresswoman eleanor holmes norton was a group of key female lawmakers who famously walked from the floor of the house to demand their colleagues hear anita hill out. and she is with me now. she was also the first female head of the equal employment opportunity economics and helped write the original guidance on workplace sexual harassment. so congresswoman, a pleasure. welcome. >> of course. >> so the republicans so far have yet to get a response from professor ford. they are offering up to hear her out privately or publicly. h