. >> some are calling it a win for wynn.chusetts regulators will allow the casino company to keep its gaming license in that state, but it wiave to pay a multimillion fine in the wake of a me too scandal that embroiled the company in a ar-long investigation and endangered big casino plants for boston. contessa brewer has the details j . >> the decision to allow wynn resorts to keep the massachusetts license surpassed for the encore of boston harbor. the integrated casinoest is scheduled to open in june in everet. itn't a sure bet. in the 15 months since "the wall stre journal" first a list of obligations against steve wynn, the company was scrutinized by investigators from nevada and >>ssachusetts. ou were making excuses for high-level folks that had failed to do their job. >> those investitions concluded company executives repeatedly, over years,d fai to protect employees and failed to apply their own policies to steve wynn after serious accusations of rape, harassment and other sexual misconduct, charges he's denied.d e co

this after congress prematurely announced talks with wynn. that prompted wynn to walk away.a 30% decline in eps. wifrl? >> couldn't sa, thanks very much meantime, dee bosa's monitoring dropbox results. dee? >> two main things we're looking from one is paying users two, is guidance dropbox was built on a strong consumer base but their future is to getting enterprise to pay for the services so the number of paying users is also an important metric when they report. guidance as well that is what stumped the stock last quarter last quarter we didn't get that until the analyst call and that sent shares down more than 10% in the after hours in terms of top and bottom line we're looking for adjusted eps of 6 cents on revenue of $382 million and we will be talking to dropbox founder and ceo drew houston shortly after we get those results. back to you guys >> deirdre, thank you. after the bell we'll also hear from bookings holdings seema mody, what can we expect there? >> analysts expecting earnings to decline 6% year over year the focus will be on booking holdings growth in the home

marian wynn soon took a

of wynn resorts in 2018 following a flood of accusations, which he has staunchly denied.nc chairwoman ronna mcdaniels said none of the investigations have supported that wynn broke the law. >>> a new shake-up within dhs last week. officials tell "the washington post," president trump's senior adviser stephen miller tried to engineer a shake-up. the closed-door clash flared over the fate of mark morgan, new director of immigration and customs enforcement. with morgan eager to move into the top job, miller urged to have morgan installed instead. he told senior white house officials that he, not miller was in charge of the department. three homeland security officials tell the post mcelhinney prevailed in the dispute and morgan is expected to take over as acting ice director. >> coming up, the latest on a potential spoupreme court fight coming up next. l spoupreme court coming up next >>> a republican calls for impeachment. justin. amash accuses president trump of impeachable conduct and the president is hitting back. >> south bend mayor pete

eastern time coming up, wynn under pressure and that stock taking a hit this ekmicha ade troubles aref the traders taking this dip more "fast money" after this (indistinguishable muttering) that was awful. why are you so good at this? had a coach in high school. really helped me up my game. i had a coach. math. ooh. so, why don't traders have coaches? who says they don't? coach mcadoo! you know, at td ameritrade, we offer free access to coaches and a full education curriculum- just to help you improve your skills. boom! mad skills. education to take your trading to the next level. only with td ameritrade. hey! you still thinking about opening your own shop? every day. i think there are some ways to help keep you on track. and closer to home. edward jones grew to a trillion dollars in assets under care, by thinking about your goals as much as you do. >> welcome back to "fast money." it is the big story of the after-hours session. uber pricing at $45 a share, the low end of the range deirdre bosa is here on set. >> welcome. >> thank you for the kind welcome. uber pricing at $45 a share

founder and former ceo steve wynn, the 77 year-old stepped down last year after investigation by theournal reported numerous allegations of abusive behavior against him when consistently is denying those accusations but says the negative publicity. made it impossible for him to lead the company. wynn resorts will also have to comply with other stipulations including maintaining a separate chair and ceo for 15 years. >>customers created this drink and it is becoming a permanent menu item is starbucks starbucks unveiling its summer menu today and it includes a brand new dragon drink the coffee giant released its mango dragon fruit for fresher last year but when people assef coconut milk in the drink is opposed to water. it took a pink tickets it became so popular that the dragon drink became something of a secret menu item. >>william barr clashes with senate democrats over the mueller report tonight a response from president trump to what maher. all the committee and a growing call for bars of resignation. >>plus troubling statistics about suicide attempts among teens and young adults

. >>> plus, wynn may have lost a court battle butts c ieo has to eat some humble buy. "the exchange" is back in two. when issues become inspiration,, creating a better world isn't just a result, it's a responsibility. emerson. consider it solved. >>> welcome back to "the exchange." here are some of the movers this hours. shakes of take two interactive are jumping after an upgrade to outperform by cowan. also upping the target price to $113 they're setting up a performance for the summer months and intro of new consoles. shares up about 2 1/2% garmin beat on the top and bottom lines but slight decline in profit margins is sending the stock down more than 7% share. and shares of cvs are up after earnings and beat estimates. it's benefiting from the buyouts of its insurer aetna shares up about 6% right now over to sue herera for an update. >> hi, kelly hello, everyone. here's what's happening at this hour officials have identified all six victims, including two who died from their injuries at the shooting at the university of north carolina-charlotte all were students. th

maryan wynn came to california and landed a job as a welder in the shipyards, working alongside women who became known as rosie the riveters. later this month, six rosies, all in their 90s. >> we have become like sisters. >> reporter: will be traveling to the northern coast of france to stand alongside the last surviving veteran for the upcoming d day commemoration. >> it will be very moving for all of us. it will be hard. >> reporter: hardest of all for marion who brother's grave. >> i don't know how there to th grave and it worries me. i don't know if my blood o shoo. >> reporter: she will have her sisters by her side to tell her she can do it. the rosies will fly to france on may 30th and spend seven days in normandy. nbc news will be following them on their trip and they will share their story sometime next month, so be sure to stay tuned for that. that's the latest in richmond. i'm melissa colorado, "nbc bay area news." >> they so deserve that trip. thank you so much. what a great story. >>> it is another great story we want to tell you about. it is a mother's day present one sou

now wynh a long time republican party donor resigned from i had post of wynn resorts in 2018.ns which he has staunchly denied. now rnc chairwoman defended the organization to take the money claiming none of the investigations have proven wynn broke through and quote at this point there's no reason for refusing his support. >>> google has suspended business with huawei telecom gi around the world. cnbc's willem marx joins us from lond london. how might this affect android users? >> android is a platform created and developed by google but it won't be off limits to android users who use huawei smartphone any time soon but things like g-mail may no longer be available. around their handset sales are outside china, second only to samsung in the global smartoften mark -- smartphone market. it's samsung that could profit. >> on friday, nike posted a statement saying it's changed its policies to support women who are pregnant but could, it acknowledged, go even further. the company says it will now add written terms to create fairness. >> go further. being someone who's had two child

by the way if you look at wynn resorts, down more than 3% on the day. >> yeah, down 4% on the day.ss a large part of that is because of its heavy exposure to china and macau. and it was down quite a lot before you broke that news but contessa, thank you very much we'll see you later. >>> stocks taking a hit late day after kayla tausche's report that u.s.-china trade talks have stalled. how to best position your portfolio in lieu of this trade fight coming up. i'm so happy. ♪ whatever they went through, they went through together. welcome guys. life well planned. see what a raymond james financial advisor can do for you. ♪ ♪ at comcast, we didn't build the nation's largest gig-speed network just to make businesses run faster. we built it to help them go beyond. because beyond risk... welcome to the neighborhood, guys. thank you. there is reward. beyond the classroom... there is inspiration. ♪ ♪ beyond work and life... who else could he be? that's what i say. there is the moment. (laughing) beyond despair... there is hope. ♪ ♪ stay safe. i love you mom. i love you too, sweetheart. ♪

i would rather own wynn. i would trade this one >> collectively, the best we've ever done. have you seen in your opinion. >> i got angry, combie, our next guest says investors are in store, worldwide and let's break in savita subramanian. welcome. >> the existing tariffs go up and no new expansion of tariffs and no new deal. >> just the continued impasse would be a negative for the market, and i mean, it's interesting because if you look at what's actually priced into the market so we looked at the multiples of the most exposed segments of the s&p 500 since last february when trump really started talking about this and every segment of the market that would be impacted by tariffs has seen pretty significant compression except for one area which i think is my favorite short is small caps. small caps, everyone's hiding out in small caps because they're domestic and they're not going to see any friction from global trade issues, but the truth is smaller cap companieses are each more tekterred to global growth where one reaction >> in the event of more tarrives put into place,

. >> wynn resorts has paid its $35 million fine to massachusetts gaming commission. that was the discipline for multiple instances of failing to address serious accusations against founder and former ceo steve wynn over a decade or more more interestingly here, the board is pushing back against these gaming regulators' decision to fine personally ceo matt maddox half a million dollars and force him to have an executive coach. maddox, though, has apparently decided not to appeal. that allows the company to move on wynn resorts has paid maddox's fine as well so in spite of all this back and forth about whether mgm might buy encore boston harbor from wynn resorts, that was a talk that was moving forward full speed ahead, it looks like it will be wynn resorts that opens encore boston harbor on june 23rd in everett, massachusetts, guys >> contessa, thank you very much for that we'll keep an eye on it as we know you will for us coming up shares of apple down double digits so far this month and one analyst says the destruction of chinese demand could be coming. he'll join u

i'm talking about apple, wynn casinos, qualcomm, intel and cummins engine. boeing was another name under pressure. they plan on making tens of billions for china's appetite for airplanes. they have the 737 max problems and embarrassing legal issues. nevertheless, the market made the turn. investors know as kevin suggested that maybe this is a negotiating ploy. maybe the president tried to push something. ultimately wall street is concerned and won't go away even though they brought the dip today. >> neil: thanks, charles. so what happens now? let's go to rebecca, scott, ted wiseburg from the new york stock exchange. what happened today? >> clearly we were deep in the hole coming into the session, kneel. as the day progressed, we almost got positive at one point. i think at the end of the day, clearly the tariff issue is a huge issue. most people think it's very political. as far as the markets are concerned, the u.s. economy continues to be strong. the fed creates a positive background for equities. so when you had it up, the markets will continue the climb

wynn resorts 73%. western digital 22%. this is why it matters to the corner of wall and broad. they have a lot of on the line. to you, charles. charles: i'm charles payne this is "making money." stocks tumbling on u.s.-china trade tensions. they're leading selloff as president trump threatens to ramp up tariffs. after a new report says that boeing knew about the safety alert issue for a year before the lion air crash last october. 2020 presidential hopeful bernie sanders has a new economic plan to combat what he calls a major crisis is. we'll break down how he wants to break up the monopolies. all that and more on "making money." ♪ charles: president trump, well, threatening to ramp up u.s. tariffs on chinese imports as a delegation of chinese officials due to arrive in washington for face-to-face trade talks and a couple of twitter messages president trump says he plans to raise tariffs on $200 billion of chinese imports to 25% starting on friday, up from 10% currently. edward lawrence here with the very latest. reporter: trade sources are telling me chinese want to pull back

after the bell, wynn resorts be analystarnings expectations and missed the revenue target.o company lost its macao operatis. it finished the regular session up a fraction to363. >>> now to the nation's opioid drug epidemic. r a newort today offered some hope in the fight to curb abuse. meg terrell has more. >> the numbers on the opioidid ic are staggering. almost 400,000 people died in the united states from the e drug.e of new data today from house researcher icubia showed progress in one area. the volume of prescribed opioid painkillers declined by a record 17% to the equivalent of about 34 pills per american adult. the data showed opioid prescriptions peaked in 2011 at about 72 pills for adults. the decline s largely driven by fewer high-dose prescriptions which are associated with a greater risk with overdose. >> there is a much greater level of awareness of some of the risks of prescribing opioids and restrictions put in place across the board to try to reduce particularly these of the high dose prescription. >> the study shows an uptick in assisted treatment for opioi

right now, 63 in wynn chester. and starting to cool. we have one shower. well ahead of the front. right along 66 cinghrough the front. here's front royal right here and then 66 between marshall and front royal. some light rain there as well. this will move off to the east and kind of die off. the s could be otherhowers though associated with the front. there's the front. right there. we don't likethese kind of fronts. these are the fronts that move down across our area. back door fronts and cause problems around our area and rather unsettled weather across the country. big time storms into texas and oklahoma today. this system moving in on friday but first, we've got to get through what comes in tomorrow and thursday. what it is, much cooler weather. 81 today in dc. but only 56 in buffalo. so that cooler air sliding right on down the east side of he mountains and look at what else it does. it brings us a slight chance of showers but really, it brings the clouds in here all day.he they will be all day. we will see nothing but cloud cover across the region t

. >> and why chris wynn said this is the most talented kid he's ever interviewed. >> take a look at onethe biggest transportation projects in the bay area. it has been in the works for three years and has cost .75 billion so far. >> many on the road right now on the way to wine country will be affected and now the end is in sight. good evening. >> the project is on highway the main north/south route through marin. >> abc7 news reporter wayne freedman with why this project could be done in a matter of weeks. wayne? >> reporter: they're talking about a section of this project. the final project will be in 2023. behind us, the section we've been talking about. ready in june. it has been a frustration for people between sonoma and marin counties. two lanes going in either direction. just two. with so many commuters who are asking the question,

we'll sit down for an exclusive with wynn ddham destination we head into june. then key investors to watch for the first report all this when "power lunch" returns. >> and now, the latest from tradingnation.cnbc.com and a word from our sponsor. >> for entries into breakouts, some traders use buy stop limit orders placed above resistance levels unlike regular buy stops, buy stop limits turn into limit orders when the stop is triggered. thus if a stock closes below the stock price one day and opens far above the limit price the next, the trader will not buy the stock. i'm lee bohl and schwab is the better place for traders >>> hello, everybody i'm sue herera with your cnbc news update at this hour vice president pence meeting with canadian prime minister trudeau to try and build momentum and get a new trade deal with kan canada and mexico pass coming after president trump removed steel and aluminum tariffs. it needs approval from all three countries. >>> fighter jets flown with u.s. aircraft on maneuvers amid tensions between iran and the u.s. in the persian gulf

gambling chips shares of wynn resorts popping right now. up almost 3% after gaming regulators in massachusetts allowed the company to keep its license for a new casino right outside of boston. >> followed by manufacturing pmi and ism manufacturing numbers as well then the bik focus turns, of course, to the fed we get the fed's latest interest rate decision at 2:00 p.m. eastern time followed, of course, by a jay powell news conference from the fed chair. it's one to watch following president trump's calls yesterday for the fed to cut rates by 1%. we'll have full coverage of that big fed decision today at 2:00 p.m. eastern we should note the markets don't expect any huge decision coming out of that interest rate policy move well, we are just getting started here on the show up next, another round of high level talks wrapping up in china between u.s. and trade we just heard from treasury secretary steven mnuchin we'll bring you his comments straight ahead plus, we're following a major developing story out of venezuela. clashes in car ak yas, t

at noon eastern wynn resorts will kick off its annual shareholder meeting, and we'll have full coverage of all of this throughout the day here on cnbc well, there is still so much to do on this tuesday morning coming up, a permian power play. the friday night fight in the heart of oil country taking another twist. why chevron you are now on the clock. later, brewing up an ipo the world's number one beer market making a big bet on asia. all that and more right after this >>> chevron, you are officially on the clock a big battle on the big battle over the permian basin in texas. it kicks in a clause that gives them four days to come back with a counter bid. investors believe chevron would now have to top occidental's $6 per share bid because occi add more cash to the deal. if chevron can't or won't rebid, it still gets paid if anadarko goes with occidental, it has to pay chevron a $1 billion break-up fee. let's get you up to speed on some of the other big stock stories to watch >> quite a mix here. we're talking beer, insurance, and rental cars. shares of ab inbev are lower in europe afte

a pop-up is kathleen wynne. i-- a pop up brings it in and yu are able to share it. we have customers. we have been in business for eight years. we have customers that are verb loyal and we hope to build the interaction with them. pop ups are great. it is great to diverse fr divere audience and create new experiences. a lot of the brands started as pop ups. we have a long term relationship and have longer plans for them at the store and things like that. a pop up is from a rooftop perspective is a temporary type of event that you have at the store where that person or brand is there for a temporary amount of time and they pop-up for the weekend or a certain amount of days and offer something different and create new market share for each other. >> question here. >> paula madison of power marketing. what is your biggest challenge doing business in san francisco and how are you guys tackling it? >> that is easy. the people. i think it is not just us. it is like maybe everybody in the city is trying to find people that can come and fill she is and play a role especially

wynn resorts, 70% revenue exposure to china, qualcomm, apple, 20%. it's american companies. the heritage foundation has been clear on this, this is a tax on the american consumer. the president is taking a hard line negotiationing tactic. can we see past that to the fact that a better deal could be on the horizon with china, based on the president's moves? >> you're absolutely correct, the heritage foundation has been saying for 45 years, since the institution was established, that tariffs are taxes on the american people. i think that what we've seen is that the president's negotiating tactics with china have not borne fruit whfruit-car -- not . we're looking at futures right now, down more than 500. cheryl: goldman sachs put out a note, before the news, had that the chinese delegation was still coming, again, the vice premier is the question mark. they said whether or not the delegation comes on may 8th, that's the biggest question. they said this lowers the idea that there's going to be a successful deal. they say that all of this back and forth and the global market sell

lastly are the consumer driven names like nike and resorts betting on china to drive future growth wynn resorts drawing over 70% of its revenue from china the market reaction today shows that it's these companies with high exposure to china that are faring the worst although they are off the lows if tariffs increase from 10% to 25%, these kind of companies that investors keep an eye on. back to you. >> thank you very much seema mody. >>> stocks down on the trade worries but a dow up about 13% so far in 2019 so is today's little dip a buying opportunity with the dow industrials, look at how far they've come back. down 133 points. a chief investment officer with whittier trust and chief investment strategist. for u.s. stocks, let's just say global stocks but particularly, u.s. stocks, do you see green lights, red lights, yellow lights >> green lights, the fundamentals are very strong think back to december what were the big fears in the market it was that the global slowdown would result in impending recession and the fed would be on its way to committing a costly policy mistake. those fe

it also follows the failed deal with wynn. that didn't work out.so is picking up the slack. it makes them more of a global player in casino businesses. there's not that much consolidation to be had in this industry. it is difficult to buy into a franchise like this, so it is a pretty good opportunity for them. shery: one thing it is telling us about the industry is that there are no opportunities outside of vegas and macau . reporter: yes, it is difficult to compete with the entrenched players. the casino industry is very tightly regulated once you have a license, a casino that is established and up and running. that makes you a competitor in the industry. it is hard for people to go along. the barrier to entry is high. these assets become very valuable. it is hard to get into the game, especially at the global level that these integrated resorts are playing with. they are not just opening up a casino for gambling, they are also massive resorts that are pulling in money for entertainment and the rest of it, and getting licenses for massive projects

. >>> i'm victy wynn, coming up on today, what do proposed tariffs mean for you and your household?the new items added to the list and what it could mean for you. >>> and i'm watching that. president trump says he will make the final acquisition on war with iran. we'll take you out to the big board in new york city. the dow strils are up 109 points. you are muching today in the bay. alright boys, time for bed. listen to your mom, knuckleheads. hand em over. hand what over? video games, whatever you got. let's go. you can watch videos of people playing video games in the morning. is that everything? i can see who's online. i'm gonna sweep the sofa fort. well, look what i found. take control of your wifi with xfinity xfi. let's roll! now that's simple, easy, awesome. xfinity xfi gives you the speed, coverage and control you need. manage your wifi network from anywhere when you download the xfi app today. >>> right now, our microclimate weather alert continues, let's take a live look outside in walnut creek. a break from the rain. you can still see those ominous clouds ahead. rain chan

marian wynn soon took a greyhound to california and landed a job as a welder in the richmond ship yards working along side thousands of other women who soon became known as rosie the riveters. later this month six rosees all in their 90s. >> we've become like sisters. >> reporter: will be traveling to the northern coast of france to stand along side the last surviving veterans for the upcoming d-day commemoration. >> that's going to be very moving for all of us. it's going to be hard. >> reporter: hardest of all for marian who has waited 75 years to visit her brother's grave. >> i don't know how i'll act after i get there to the grave and it worries me. i don't know if my blood pressure is going to shoot high. >> reporter: she'll have her sisters by her side to tell her she can do it. the rosies are jet ofg to france on may 30th and will spend seven days in normandy. nbc news will be following them on this trip and they'll share the story sometime next month. be sure to stay tuned for that. that is the latest here in richmond. nbc bay area news. >> that is very nice. we'll be sure to sh

businesses that export to china like apple, qualcomm and micron and wynn resorts, they will feel it and it will hit our 401(k) plans. we're going to feel it as consumers. that's inflagran -- inflation. this is single most important issue, not of the year, not of the election cycle but for an entire generation. we have to get this right. >> neil: thank you both. sorry with the breaking news developments. want to pass that the china delegation including vice premier, the second most power official in china will be meeting with the president. they will be having dinner we're told as well, the delegation will with their american counter parts, this is a last dash grab at avoiding problems here. if tariffs go into effect and i cannot repeat enough, the governments don't pay them, you do. businesses that sell stuff do. in the past, they have gotten that stuff to eat the costs. they can't absorb these. so this will impact you, not your government. more on this and the former dow chemical ceo says more than dow chemical and fortune 500 companies are on the line. we all are. ancestry is celebrat

shares of wynn are down cited a drop in casino action in las vegas and macau.s a different story for zillow, shares holden on to a 6% gain after beating on the top and bottom line last night the company also reporting a quarterly increase in home sales of nearly 200% some have already been using a work-around to skirt taxes jane wells is at a port in california with more jane >> reporter: yes, kelly, news flash, it's raining here, but what happens when prices go up people find a way to make them go down. coming up, we have new trade numbers which masuri yy rpseou and a country that is benefiting, which is neither the u.s. nor china, when we come back >>> welcom >>> welcome back to "the exchange" and check out this turnaround right now some positive trade comments from secretary mnuchin we briefly turned positive half an hour ago, a tweet from china's global editor in chief, saying trade talks didn't break down and the u.s. and china agree to meet in beijing in the future not just a tweet but a report. the dow is now positive by a point. 350 point turnaround tar

a little tom foolery, but good information and i'm setting myself up for a huge fall, but wynn resorts ended their earnings release post close. >> that does it for us see you pack here tomorrow at 5:00 for>>> my mission is simple to make you money. i'm here to level the playing field for all investors. there is always a bull market somewhere. i promise to help you find it. "mad money" starts now >>> hey, i'm cramer. welcome into "mad money. welcome to cramerica do you want to make friends? i'm trying to make money my job is not just to entertain, but to teach, call me at 800-743-cnbc or tweet me at jim cramer your probably wondering why i'm wearing these noise-canceling headphones we had a strong only to collapse before the close and dow finishing up and nasdaq a losing ..28% and everything is precarious when you have earth-shaking events coming later in the week so what the heck am i doing with these headphones simple i'm blocking out the noise tonight because i want to get it right. i want to be able to any clearly now without the crying baby of tariffs or the snoring beast of the ub

at the balboa theater in n n diego on friday, and t saturday, may 4th at the encore theater at the wynnnd want to come check me out, please do so. our first guest tonight is an academy award-winning ess you know from such films as "monster", "atomic blonde" and "mad max: fury road.""l her new movie g shot" is in theaters everywhere this friday. let's take a look. ♪ >> madam secretary. madam secretary, listen to me. >> dance with me, steven! dance. >> we have a situation. >> huh? ♪ >> yo. h >>ow much longer is this molly stuff going to last? >> we just re-upped. you kept saying you wanted to take more so we did. ou we have another maybe fr or five hours. yeah. why? >> i'm in so much trouble. >> what's happened? [ laughter ] >> seth: please welcome back to the show charlize theron, everybody. a [ cheers alause ] ♪ ♪ >> seth: so delightful to have you back. >> right bk at ya. >> seth: this is so much fun. seth was here last night, and we were talking about -- he makes sense for a comedy like this, and you are such a more interesting casting choice to be in a romantic comedy with seth rogen

and on saturday, may 4th, 7:30 p.m., the encore theater at the wynn hotel in las vegas.e come check me out if you're in either of those places. we were off last week.it s so wonderful when we have a hiatus because i have two small boys that i get to spend a week with. and on the very first day last week's hiatus, my son axel who is one year old managed to e tay wife's cell phone, and this far away from my nose, managed to throw it anhit me on the bridge of the nose with enough speed that i immediately thought i broke myose. [ laughter ] and i don't know why i'm describing it to you when it's on video on our nanny cam. take a look. >> she said it, like all this stuff is so universal and her friends -- well, should we wear your easter shoes? >> seth: oh![ audience ohs ] i think he broke my nose. >> oh, really? i heard a horrible pop. [ laughter ] [ cheers and applause ] in seth: i mean -- i mean, you'd thhe would, like, scream or cry or be b concerned at athe moment. look at his dead eyes. laughter ] just -- all he wants is the phone. i don't know. i feel like i kept my co

>> that's something they use in the irs wynn they want to collect year after year information on a taxpayer, irs employees use it when they're dealing with things like audits, and, in fact, you know, we looked at it. we not only had it, we verified it. the individual who gave it to us also gave us ten years of his father's tax returns that we had because of prior reporting matched it number for number. it was unbelievable. we didn't find any inaccuracies in it. we also did other things to verify it. we couldn't see that there was any inaccuracies and we went to great lengths to verify it, including getting fred trump's tax returns. >> so what is this -- for the battle over tax returns, is there more in the actual tax returns that you would like to see? >> yeah, i mean, this was -- it's incredible what we were able to see just with the information that we were provided but we don't have the schedules. and one of the frustrating things we saw, for example, in one of the years he had more than $50 million in what's known as interest income. this is income you're going to get if you have mortga

so this is steve and trish wynn, they've been in this community for about 13 years. >> yes. >> and, steves for you to come into your house and see it in this condition. >> i don't know how to say it, but it's so sad. i'm starting to cry, but i'm trying to hold back, but, you know, see how that -- you know, you can't describe like when you get into your house and the way it looks right now is, so sad. >> you were telling me that one of the things that you find heart breaking is that so many of your neighbors, you and your wife, you work your entire life, save your money, buy a new house, it's the american dream to have a home in america. >> yes. yes. >> and yet the water started creeping in slowly and then here we are. >> here we are, yes. it's unbelievable when you see this is water in the house. i don't know how we will recover. that's really sad. because i don't know. it just is heartbreaking. >> steve, thank you so much for allowing us to come with you and, jessica. i mean, it's just heartbreaking. we were on the boat with them as we were riding on the boat in this neighborhood, all of

her latest position has been as command sergeant major for the wynn army community hospital located in the first congressional district of eorgia, where her ability to increase efficientcy. she has made significant contributions to every soldier in our military as a whole. thank you, command sergeant major warren clark, for your commitment and your service to our nation. enjoy your retirement. congratulations. mr. speaker, i yield back. the speaker pro tempore: for what purpose does the gentlewoman from texas seek recognition? >> mr. speaker, i ask unanimous consent to address the house for one minute. the speaker pro tempore: without objection, the gentlewoman is recognized for one minute. ms. jackson lee: mr. speaker, lets me thank you for your leadership. as the judiciary committee sits at this time to uphold the rule of law, i want to make sure that the american people understand the role of the united states congress. that is to represent the people . to engage in oversight and truth. as a student of the middle east, a visit of the middle east on behalf of this country on any numb

$35 million fine, wynn resorts said it won't fight the massachusetts gaming commission decision to finegrees with the finding. the l.a. times writes lakers story gets crazier, with new details on hard to sell to free agents, gaping cracks to the lakers foundation prompting questions about the organization's credibility and changing the conversation about who wants to play for the franchise. internal problems apparently expected to haunt the team during the upcoming free agent season. the reformer says battle boro memorial hospital will participate in 529 days, some lucky babies born today at the hospital will receive $100 deposits into vermont 529 college savings accounts to jump start the path to higher education. good idea. who wouldn't want the money into the 529 account when you're born. dagen: start saving young. >> how muchs is college going to cost when they turn 18? maria: good point. when we come back, treasury yields are declining this morning, investors are watching bonds as recession fears are creeping in. the yield on the 1 of year down to -- 10 year down to 2.23% this morn

wynn which does about 75% of its business in china down right around 4%. penn national gaming down about 3% if you want a bright spot you have to look hard but it's starbucks. having a really good day, hitting a 52-week high back over to you >> nonetheless down as we approach the close joining us, marty desner and aaron brown, pimco managing director very good afternoon to you both. matty, despite the doom and gloom today you remain ultimately constructive about u.s. equities. >> we are. listen, we're expecting a negotiated solution with china at some point. perhaps not friday when the delegation gets here but we do expect some combination of purchase commitments from china and decreased tariffs from the u.s it make take a longer time frame than we expect the stronger earnings season, we expected to go into earnings season with negative earnings growth and we came out 3%, 4% positive so we're still looking at fundamental strength here which we think will draw stocks for the -- >> what happens to earnings expectations going forward if these trade uncertaint

jamie diamond did that with jp morgan stock steve wynn did that with wynn shares i don't know if youelon has bought at other levels and higher levels over time how do you think about that? tesla is sort of different situation. >> animal. >> different test case i don't know i don't know what to think >> you're a skeptic. >> i'm not a skeptic i think tesla is a great company. i think what they're doing is great. i'm skeptical of perhaps some of the economics right now. >> uh-huh. >> it's hard to think otherwise, right? >> yep >>> shares up 3.8% here on this news caterpillar just announcing dividend increase. increasing by 20% to 1.03 a share. those shares are higher by three quarter percent premarket. >> wonder what the yield is actually it's 2.5% that's what you would want to know 2.5% it will be 20% higher than that. so it's not really a big yield stock. >>> starbucks is recalling its bodum coffee press it breaks and causing puncture wounds and cuts. if you have one, call the hot line number available on starbucks' website returns are not accepted in stores, by the way some returns s

wynn said they have no plan to do so, and they said they had no plan to launch another bid. properties are rare. they are rare assets. doesoko does not -- melco not control the company. there is always the possibility of other bids. shery: dave mccombs, thank you so much for that. we will speak with the ceo about their push to buy a stake in crown. this is bloomberg. ♪ shery: this is "daybreak asia." i am shery ahn in new york. paul: i am paul allen in sydney. let's get a quick check of the latest business flash headlines. orders is reporting amazon is interested in acquiring -- amazon could buy boost for an attached wholesale deal, allowing them to use t-mobile wireless network for at least six years. it would approve the merger of t-mobile and sprint if they sold boost. shery: activist investor carl petroleum with seeking a sale of the company. the billionaire investor says -- $1.6 billion stake in occidental and those not like the decision companyre a petroleum for $38 billion. he says occidental's board and management are in over their heads. paul: u.s.-china trade war h

amgen's shares are up 71 cents >>> and wynn ends talks to acquire mgm.een opposed to the idea of a sale. for its part, wynn said it was doing its fiduciary duty and reviewing mgm's interests. >>> let's bring you up to date on qualcomm. qualcomm says it disagrees with a judge's ruling that it engaged in anticompetitive behavior and that it plans to appeal that ruling qualcomm was ruled to have abused its dominant position in the mobile phone chip market, ended up charging excessive licensing fees now, of course, big questions about the pricing, what it means for apple. of course, it settled with them just over a month ago. by the way, you know, i think in the 6:00 hour, i mentioned that it was cisco that said they were going to stop making 5g chips, but what i was really referencing was intel. so, just to clarify there. >> all right. >> joe. >> okay, andrew. >>> short market positions if you're short, tend to get a lot of buzz. just look at the film "the big short" for hollywood's take. but according to a new report, turns out the actual practice of short

shares of wynn resorts are higher after gaming regulators in massachusetts allowed the company to keepor a new casino outside of boston which is set to open in june they were fined $35 million. ceo matt maddox criticized for the company's handling of sexual misconduct allegations against ousted founder steve wynn. >>> coming up, 6:25, a higher education merger two major textbook providers are joining forces the ceos will join us after a quick break. >>> a couple of big names on the earnings calendar today, including cvs health, glaxosmithkline, and yum brands. i got a whole box of 14 of them. i was at a tennis match and there was one nearby and i saw it, oh my god. let's look at yesterday's s&p 500. >> you ate 14? >> no. ♪ ♪ it's more than a feeling >>> welcome back you're watching "squawk box" live from the nasdaq market site in times square. ♪ till i see marianne walk away ♪ >>> welcome back on today's wall street agenda, the adp employment report hits at 8:15 eastern time followed by manufacturing pmi and ism manufacturing. then the big focus turns to the fed. we're going to get the

wynn resorts 73%. western digital 22%. this is why it matters to the corner of wall and broad.oney." stocks tumbling on u.s.-china trade tensions. they're leading selloff as president trump threatens to ramp up tariffs. after a new report says that boeing knew about the safety alert issue for a year before the lion air crash last october. 2020 presidential hopeful bernie sanders has a new economic plan to combat what he calls a major crisis is. we'll break down how he wants to break up the monopolies. all that and more on

we have opened at the wynn resort in las vegas, in new york in soho, and hudson yards.d experience in the u.s. we love the market. we have all of our systems in place and we are trading well. tom: joining us now is brian duffy from the most dangerous store in the royal exchange. the business has always been a fractured is this. you are a marketing whiz with polo from years ago. how are you going to market watches and differentiate yourself in an exceptionally crowded field? how will you differentiate yourself from the cozy corner at harrods? brian: harrods does a great job with everything they do, including watches, but we are a specialist. we have been in the industry a long time. people want to know that you are getting expertise, heritage, and choice. selfridge's and harrods are very good retailers. how do we differentiate ourselves? a better technology play advance. we are active in digital media. we have storms that are very welcoming -- stores that are very welcoming, and we appear to the younger audience. tom: speaking of the younger audience, if you strap a herm

the russell 2000 also now positive the biggest laggards in the nasdaq 100 ctrip, wynn, fastenal. apple also down about 1 1/2% that having the biggest impact on the nasdaq 100 today in terms of point now to the up side the biggest gabers today two biotech names, biogen and rejenneron >> intraday chart of the dow you can see that fabulous recovery throughout the session. we opened right near the lows. down 471 points. the high was about ten minutes ago. it was down 37 we've just slipped a little down 66 as we approached the close. all the indices for you that story we've been talking in the russell just positive. domestic, small caps outperforming today because of the trade fears. but nonetheless steady improvement intraday for awful those indices. only down half a percent for the s&p and the nasdaq little snapshot of what happened around the rest of the world shanghai we pointed to terrible performance down 5% shenzhen was down even more. europe was down but in fact not that bad so we're outperforming here in the u.s., down half a percent on the s&p. germany down 1%. have a look a

tweeting the democrat, quote: do you think elizabeth warren has a plan to fix my love life and war wynnone personal tweeting warren 2020 a match maker made in heaven. another writes fix mine, too please. thanks. i saw this going around yesterday and i was crack at at some of the responses steve e. steve: that's hilarious. let's see what happens. let's go out on the streets of new york city where it's beautiful here but the midwest is keeping an eye on the sky. janice: absolutely. let's go to it right away. we have the potential for long track potentially deadly tornadoes. severe weather outbreak underway across the plain states. we had dozens of reports of severe weather, including tornadoes overs last 72 hours. a rare high risk area. this is a big deal across portions of texas and oklahoma. we are going to see watches and warnings and potentially deadly weather. so people need to be on alert. know what to do if there is a watch or warning. you need to be in your basement or cellars the safest place to be. stay away from windows for potentially flying debris and keep you're noaa weather

lena wynn. also with us the co-host of "morning joe" first look, yasmine u suven. what happened yesterday. how did the protests and support go to protect women's right to choose. >> thank you for having me on. i'm a doctor and my job is to take care of women in this country. and i'm deeply concerned about these devastating attacks all across the country on women's health and rights. yesterday we saw people all over the country rise up to stand up and speak out that abortion care is health care. that we're not going to go back in a time to a time before roe where thousands of women died every year because they didn't have access to essential health care. we're not going to stand for politicians taking away our bodily autonomy. i want to be clear that abortion is still legal in all 50 states, and planned parenthood will be doing everything we can to fight to keep it that way and the american people are standing with us in that fight. >> yasmine? >> dr. wen, talk about the misconception surrounding late-term abortions? conservatives and the president have used late-te

we'rejoined by professor robert wynn, who is a consultant paediatric haematologist, and neenah maitlandork at the royal children's hospital bone morrow transplant programme. i look after many sick children with leukaemia and other blood disorders where children can't maintain blood. we get rid of the child's bone morrow and replace it with the healthy bone morrow. what we need in the bone morrow from the donor is bloods stem cells that can make bloods stem cells that can make blood in the patient. and a newborn ba by‘s cord blood blood in the patient. and a newborn baby's cord blood is very much like a bone morrow. it so we can use cord blood as a source of blood stem cells for a child with either leukaemia orfor a cells for a child with either leukaemia or for a genetic cells for a child with either leukaemia orfor a genetic disease with the blood. for many children i look after, we will have saved their lives using cord blood as a donor source. there are advantages so cord blood, because when i have a child needing a transplant, firstly, it is immediately available. many women like ne