this is more to jeff bezos' personal acquisition. a lot is needed in terms of investment and rehabilitating. emily: does that mean that he will be hands-off? >> probably not as much. i don't know that jeff bezos is that hands-off with the washington post. he gave the company a lot of leeway, the money to bring a technology orientation to the newspaper. i think it will be the same way he will be introducing tech and pay to whole foods. emily: you also cover alibaba. they have been investing billions of dollars in grocery stores across the other pond. what do you make of this new battleline being drawn? largely, amazon has been u.s., india. i think the difference between a markets is that the u.s. is a much more developed a traditional market. china is less developed traditional retail and gone online faster driven by mobile technology. we like both companies fundamentally. we prefer alibaba right now on an evaluation basis. both can do well in their respective areas. emily: the amazon ecco is another interesting piece of the puzzle. t

donald trump can't hold a candle to what jeff bezos has added to society. he's created millions of jobs and is a tremendous innovator and is going to give all his money away bezos is going to give his money away he's done an amazing thing for america. trump is destroying our country with factual inaccuracy and undecipherable policies. >> we knew at the time of the election that part of the dynamic of this term would be how to digest his tweets, how they would play out in the market, how they would play out with company, and that's where we are today it's not much of a surprise, but your point of view is taken. let's move on to cyber attacks this morning spreading across europe and the u.s. on tuesday ameri merck is among the companies being hit. this is the second global cyber strike in as many months, jason. once again, we are left asking, are companies doing enough if they are not, what do they do now? whether this represents elevated strike from the wannacry just a few weeks ago. >> yeah, this is serious business you know, for people who don't know exact

i don't know that jeff bezos is that hands-off with the washington post. he gave the company a lot of leeway, the money to bring a technology orientation to the newspaper. >> you also cover alibaba. they have been investing billions of dollars in grocery stores across the other pond. what do you make of this new battlelines being drawn? >> largely, amazon has been cut. i think the difference between a markets is that the u.s. is a much more developed a traditional market. we like both companies fundamentally. both can do well in their respective areas. about what that -- they have been introducing hartwell. -- hardware. they're trying to make it easier for people to buy impulse purchases from their home. there is the -- one, you can scan a barcode or say something into it, it is those -- buttons where you can press a button to reorder your tied automatically. de automatically. you can imagine amazon -- buttons. you can imagine an echo where somebody is asking for a certain food item or even a male. one of those prepackaged sushi mills that whole foods has,

number one, jeff bezos just showed his cards. quietly expanding amazon fresh but nobody really talks about it. nobody is aware it's happening. this has been a big thing but jeff bezos has laid his cards on the table and it's hugely impactful. assets to goed the for online. ishas shown his cards and he massively accelerating his move to online groceries. in my opinion, he has slammed floor.al to the what would have taken them five years to build up, he has it tomorrow which is the bakeries, the kitchens, the logistics, the distribution centers -- it's all happening now's we speak. delivery is grocery beyond what other supermarket companies in the food business have been doing with e-commerce. u.k.,the u.s. but in the they are much more advanced. in the u.s., they have been toying around on the edges. they have done pick up at the store. whichses the big picture jeff bezos and amazon get which is all of the data. how does google make money? it's off of advertising. if we can get that basket going can puthome, we incremental things

the thing you left out is that jeff bezos is also respected. that is something that donald trump has craved his entire life. it's this neediness that makes him chase after "the new york times." i think he cannot tolerate that somebody like jeff bezos is more successful in things donald trump would like to be successful at, including media, so now he's decided to go off the reservation. so here's the question, though. how long will it be before rank and file republicans who like donald trump also are for internet sales taxes. >> okay. i'm going to bet that that's a bridge too far for them, that he will get zero support for sales taxes. >> i don't know. i mean trump voters, trump supporters have decided russia is okay. they've decided russian hacking is okay. >> right. >> i mean the rubicon has been crossed on what republicans are willing to tolerate. the polling shows that even though they think donald trump might have colluded with the russians, they don't think there's a problem with that. >> they've always hated taxes more than russia. they'v

but never been against jeff bezos and his team. mark: andrew., let's use this chart as a sounding board. this tells the whole story. few, tesco,bottom sainsbury, ricardo, the company that's not in their is almost interesting. william morrison. what does it tell us? they have to deal with supply of goods to amazon in the u.k. if they bought whole foods in the states, are they going to do the same thing in the u.k.? and morris already has a link with amazon, so that someone investors seem to be betting on. vonnie: back to tom keene, you mentioned janet yellen for have some incentive to do with this deal and i know you meant one thing. can i tell you what deutsche bank just told us, he just told us that this deal is fascinating because it may in fact add to the deflationary pressures in the u.s. tom: i will take it on a metro -- macro basis. you have the pricing and the idea that they can negotiate down basic processes, which really go into the core of one of the major core things we do, which is food. i agree there. what brad said ea

. >> but over time i don't think jeff bezos does anything that's not disruptive it will be interesting to see what happens next two years. >> have you ever tried to buy sugar at whole foods just regular normal sugar for baking cookies or like flour or salt that's not ar tesal sea salt? >> they have their organic versions i don't know about sugar but flour. >> that's what hans is saying, everybody at whole foods is a prime customer, but a very small percentage of overall prime customers shop at whole foods. if you're going to offer this experience, are people going to get all they want? yes, amazon sells cheerios right now. whole foods doesn't. if i want to get my cheerios and my produce, what kind of soration centers do they need in urban areas and suburbs to get all those things to me in a way that makes me happy? it's going to be expensive and i'm not sure investors are trading on that extra expense right now. it's going to take time. >> overlap amazon prime users and whole foods users for sure so it will be interesting way to see amazon get whole food to move, more high end and tech

cheryl: jeff bezos is closing in on bill gates. the recent searching amazon stock babies those $2 billion richer. $5 billion away from taking over as the wealthiest person in the world. lauren: not beeneally care abit if you ask me. they give most of their money away. basis is worth $85 billion because amazon shares search to find 5% friday after amazon said it was buying. cheryl: i hate missing big stories in business. there is a huge development on friday. >> grocery stores gatecrashed because everybody serviced about what amazon will do to the food shopping space. cheryl: it is a busy monday morning. let's handed over to maria bartiromo. >> huge stories. good morning, everybody. i maria bartiromo and it is june 19th. 6:00 a.m. on the east coast. breaking news this morning. london has been targeted again. at least one person killed, several others injured after a man plus a man into a crowd near a mosque in london. police are treating this as a terrorist attack and called on the city to combat extremism. >> this was an attack on

the net/net, i think jeff bezos will actually create more jobs even though some of the existing jobs may go away. >> great insights, john. always great to have you john skulculley, former apple c >> karen mentioned cyber security it's shocking to any the stocks have not done better than they've done you think about the heyday potentially of cyber security, we're in the midst of it now and they can't get out of their own way. a name like fire is an interesting name here. the risk/reward setting up well. palo alto is my favorite name in the space but the stock seems mired in the 130s. >> anyone convinced about amazon, seems very convinced that whole foods is going to be a great investment. >> i mean, when you're trading at that price, i mean, use cash, i think it will be for sure. i totally get the strategy behind it. i think part of their complete dominance of the consumer. stock is expensive but it's consumer -- >> all right >>. >>> coming up, we'll have much more coverage of trump's meeting with the ceos today. the american technology council event. cnbc is in the meeting with the l

jeff bezos feels good about self for reading a whole article about how other half lives. and in august trump sells ugliest third of american citizens to abu dhabi. and you might have heard the new york times has had a bit of a rough go of the truth recently so you'll read this in a couple of weeks new york times claims to be growing as new ten page corrections section paper. that that does it for our show but i want to close on a serious note tonight obviously the shooting this week in virginia was horrible and many are talking about how the shooter was a fan of bernie sanders and bernie has of course talked about political revolution i just want to say that though we do need a revolution in this country it needs to be nonviolent it needs to be cultural it needs to be an evolution of the mind besides being morally right historically nonviolent revolutions are the ones that actually last with that i bid you good night. the feeling of. the experience. that you get on the old. according to josh. will. come along for the wrong. i'm larry you're watching our. first student mor

jeff bezos is now your second richest person on the planet bezos wealth climbing to seventy five point six billion dollars wow wow. wow wow wow wow wow that's a goddamn orders joe and even if yours don't you like mayor makes a file size over there you go there you know do you know and you don't see how sad it is you should at least be able to understand how unstable it all is a staple sustainable system does not have five people with the same amount of wealth as three billion people ok here now is a list of things that are actually more stable than our economic system a game of django played in the back of a public school bus. with bad shocks. the gentleman from duck dynasty on ice. and moonshine. number three mancino ortega walking up a slight incline. just barely a number for dennis rodman janice rodman is more stable. then globalized. capitalism. plus none of these titans of greed armed this money on their own every one of their inventions or business is were built on the back of our society america's billionaires all made their money because of the research and innovation and infra

that is, jeff bezos' competitors on a platter. you see how i worked that in there with a little rod sellerring? [laughter] okay, fine. this is basic cable. you just have to deal. in the meantime, let's take a look at the implications of this deal, because it is a dramatic alternative for jeff bezos and company. it's one thing to go into rockets, but to go into food and grocery stores and into organic food at that, all of a sudden this whole sphere changes, like, in a second. to market watchers christine short, dan schafer, larry zeller. larry, what do you think? what's going on here? >> well, this is just another deflation cramdown by amazon. stunning when you think about it. but what's been bothering the low end of the industry, the german retailers coming in and squashing prices, now it's vulnerable to the upside. imagine being a supplier to whole foods right now. you're running for cover because that's what they're going to do. i think it's the fourth pillar of their business after aws, marketplace prime, this is a layup for th

now he is taking on jeff results. earlier, -- on jeff bezos. earlier, he tweeted -- many were left unsure of what president trump actually meant by this twe and theet -- "taxes."d the the company collects taxes in all 45 states with the sales-tax and the district of columbia. jeff bezos bought the washington post as an individual. amazon is not involved. coming up, more on amazon. its reign is under siege. how the e-commerce giant will manage to stay on top. if you like bloomberg news, listen on the bloomberg radio app, bloomberg.com, and in the u.s. on sirius xm. this is bloomberg. ♪ the fallout continues for binary capital. the last remaining co-founder has offered his resignation to the firm's investors. in a letter of turned by bloomberg, he told the firm's lp "if the investor group believes my removal serves the best interest of investors, i will respectfully resign." the venture capital firm has announced it -- is also shutting down its most recent fund. investors have agreed to this. this after another cofounder resigned amidst allegat

which is fueling talk, other bidders come in and jeff bezos will up that bid. maybe a traditional retailer comes in, walmart, who knows. this might not be over. amazon which hit a all-time high about 20 minutes ago, now in and out of that, now around $994 a share. we're also waiting to hear, growing talk that there is great concern within the republican ranks about whether republicans can get their act together to get that tax cut done before the year is out. let alone we have what, seven or eight legislative days left before the july 4th he recess. they're out the entire month of august. tomorrow is where speaker ryan is supposed to outline where they all stand. he is talking about getting import tax, border adjustment tax what they like to call it. he and only couple republican leaders are only ones interest in it. president trump does not like the idea and a lot of conservatives in house and senate are not keen on the idea. he keeps to pushing it. that will generate additional revenue and pay for other tax cuts they're still talking about. anything can and u

customers theorizing what amazon.com founder jeff bezos is plotting. >> he is adding to his empire. >> i don't it will change. i don't think people will let it. i will stay the same. >> as long as they keep up the high quality it will be fine. >> it's strategic. it makes sense. it could automate the shopping process. that could be interesting in a couple of years. >> so far, jeff bezos who also owns the "washington post" is keeping quiet about his grandiose plans but there is plenty of speculation that amazon fresh will partner in 400-plus stores. live in arlington. i'm kevin lewis. abc7 news. >> thanks. caught on camera, a guyn't whatted for kidnapping in california led police on a slow speed chase that ended up here. that is the roof of somebody's house. the guy ran to a home, knocked on the door. the homeowner says i'm not letting you in. so he climbs on the roof. six hours he faces back andford. sometimes he sat down. before deciding to come down. when he did he was quickly arrested. michelle: he must have thought he was a superhero or something. jonathan: not so smart. michelle:

and i was out as a six hundred million dollar contract with the cia and jeff bezos owns the washington post i want to talk about that that's all their side thing it just makes me feel creepy every time i think about it then you've got so it's bill gates jeff bezos among us your take of spain of zara the retail company was talking about is in there warren buffett of berkshire hathaway and mark zuckerberg of facebook those five guys have accumulated as much wealth as half of the world's population three point seven billion people they have those five guys have around four hundred billion dollars of wealth three point seven billion have a population has four hundred billion so these five hundred has four hundred ten billion so these five people are catching up to these to half of our population last year was eight guys now it's down to almost five so the wealth inequality is growing and you know i think it's a good thing because it means pretty soon someone's going to have everything and some guy's going to win capitalism members because i know you're in the only area and they're like you

bezos. this is the first meeting of the council created last month. the council is helmed by jared kushner. members will discuss how to cut government costs, how to make tech more secure against cyberattacks and immigration. in april, president trump announced a review of the visa program that brings highly skilled forge workers into the country. >> next, how this week's heat could impact your travel plans. >> jeff bezos, we were just speaking about him, he's about to reach a major milestone in his personal life. the cital he could soon take away from bill gates. >> we're taking another live >> we're taking another live look from ♪ ♪ ♪ >>> welcome back. we continue tracking breaking news in benicia from our live desk as well as sky 7. a live look at the firefight happening right now on goodyear road. right near 680. the fire can be seen from the highway. we have been tracking this for more than an hour. you can see firefighters actively putting water on what appears to be some sort of

amazon's jeff bezos will be there. those are some ceo's scheduled. we want to bring in fox news contributor tammy bruce to discuss it. what will be at the top of the agenda what? what are both sides angling for? >> tech companies are certained about immigration, being supported or at least not bothered by the government. donald trump's stated position he wants these companies to help the government run more smoothly. he mentioned last week, maybe about 10 days ago with veterans medical records. they want them all to be in one space so you don't have to wait, give medical records in order to get treatment. bring them even into the 20th century, right? this is where the tech companies can help m reality i think tech companies are there for very different reason. they're facing a lot of problems including facebook not represented there. terrorism using the site. live crime, fake news, silicon valley has the sexual harrassment problems, male dominance, concentration of wealth, reliance on foreign workers. that is beg thing with tim cook, he will bring th

guy guys, back to you. >> josh, thank you very much i got jeff bezos on my brain >> speaking of jeff bezos, check this out amazon impacts other companies so great that one research firm fell compel to build a death by amazon index they fear they maybe quote, "amazon as well. >> joining us, cofounder, paul, why did you feel the need to build such a dwyer index in the first place? >> it is more than $10 billion and closer to $20 billion. >> the point of index and a few years we are sitting back and looking at it of prime coming in of these from puerto rico and the shift is going online. we have seen retail sales of unprecedented growth just in the end of 2015, over a third of all new retail sales, the margins have come online it is just sucking share from traditional retailers at a pace never before seen. we have never seen any sectors showing that consistent growth you have the fact that consumer preferences that are changing and people are buying and experiences over good. retail sectors are over four times as much of a footprint >> is it possible that amazon is going to face some ki

do know bill gates, jeff bezos? >> i know all those guys. -- -- jobs and know -- a lot of people that i had just as much time , and i don't say that to fighter myself. he just was very generous with me. he would see me in his, and i 'y that to fighter myself. office, in his home, took me to dinner at a suburban shopping strip indian restaurant. he was the richest man in the world and he pulled up on the backside of the strip shopping center, went into the indian restaurant and spent three hours. and he, like steve jobs, he appeared at these conferences that i used with my partner, karen swisher, many times. including famously they did one together on one stage. i spend a lot of time learning, arguing, because that is one way to learn is to argue if you are a journalist, with both of those people. i have known jeff bezos since he started, a little before he icm -- i have and spent less time with him over the years than those two. -- it soundsis not sort of ridiculously egotistical, but i mean when you are the chief t

if you look at jeff bezos, he talks about this as being the next leg for amazon. the reason is the content is seen as a critical -- pardon. >> i thought whole foods was the next leg for amazon. >> it is, i think that's the irony here, is that jeff bezos has said content is a big piece for where they're going. i think at the end of the day, apple, josh hit it, was that services are going to be a critical part of where they're going and right now, i think that the content offering from apple is off to a slow start, "the planet of the apes" is an exciting target. ultimately, they will spend money and catch up with netflix and compete withthose two players. >> gene, let me ask you something. let's say they get it right t. services business grows, talk about drubl doubling in 2020 how do you value a services stream versus the hardware stream of apple? >> it's going to be probably at a 20% type of a, 20 x multiple it's growing close to 20%. it is predictable. so you typically see a multiple slightly higher than it's dependable growth. just think about that, put that in

jeff bezos takes a unique approach to seeking philanthropic ideas. founder how ton work on philanthropy. and, a reminder of our new interactive tv function at tv on the bloomberg. you can watch us live. if you miss an interview you can , go back to us or send our producers a message. this is for bloomberg subscribers only. this is bloomberg. ♪ emily: oracle saw its stock jump thursday after reporting strong fiscal fourth-quarter sales. having its best day since 2014. thanks to that stock surge, it jumped $3.4 billion. that made the silicon valley billionaire the biggest gainer on the bloomberg billionaires index today. a tweet from a week ago from amazon's jeff bezos may have been lost in the shuffle due to that amazon-whole foods deal. it is certainly getting attention now. the tycoon's request to his twitter network about how he could best use his wealth to help people has set off a frenzy of responses from every corner of the world. part of what he wrote says, i want much of my philanthropic activity to be helping people in the here and now

jeff bezos is in the washington post -- they have a big stake in major media outlets. that is just talking about newspapers. what about the corporate media? the elite media in this country. is truly media that independent and that serves a democratic society. there is a reason that journalism is the only one explicitly protected by the u.s. constitution. we are supposed to be the check and balance on power. it is critical. hates thedonald trump media or he says he does. he calls us the enemy of the people. we are supposed to hold those in power accountable. presidents in the past often had conflicts with the media because the nature of our position. it is essential. what did thomas jefferson say, if i had a choice between a government without newspapers or a newspaper without a government, i would choose the latter. inis absolutely critical these times of enormous government and corporate power, that we have a true for the state -- for the media -- we do not occupy a comfortable position but a necessary one for the functioning of a democratic society. bill after the ob

they may do anything it takes to keep whole foods away from jeff bezos. the problem is, a few others may have the ability to outbid amazon, but others could make offers to least push amazon to pay more for the grocer. barclay's karen short moved her rating on whole foods to overwigt with weight with a price target of overweight andrew wolf thinks kroger could make a play. he said their capabilities with big data and analytics in grocery could be more critical than what amazon offers whole foods. he says an offer could be considered an offensive and defensive move at $50 per share. they said that would be about neutral to their earnings. now, john mackie has a duty to accept the higher offer, but what we've heard, he's pretty e ma' nam mored with amazon and jeff bezos. >> thank you we thought this would be the perfect time to play the whole foods dating game. our four traders are are standing by to reveal who they think should sweep in and block amazon's deal. bachelor number one the tim seymour. the ladies like to call him the ambassador been neen to take

jeff bezos is in the washington post -- they have a big stake in major media outlets. that is just talking about newspapers. what about the corporate media? the elite media in this country. is truly media that independent and that serves a democratic society. there is a reason that journalism is the only one explicitly protected by the u.s. constitution. we are supposed to be the check and balance on power. it is critical. hates thedonald trump media or he says he does. he calls us the enemy of the people. we are supposed to hold those in power accountable. presidents in the past often had conflicts with the media because the nature of our position. it is essential. what did thomas jefferson say, if i had a choice between a government without newspapers or a newspaper without a government, i would choose the latter. inis absolutely critical these times of enormous government and corporate power, that we have a true for the state -- for the media -- we do not occupy a comfortable position but a necessary one for the functioning of a democratic society. bill after the ob

amazon's ceo what jeff bezos told to the president talking about ways to retrain american workers. take a look. [video clip] >> when we met in december, i encouraged the ministry shen to be a developing -- when we met in december, i'm cursed this administration -- i encouraged the administration. on --ing you can't focus one thing you could focus on is using commercial technologies whenever possible. it would save taxpayers a lot of money. the second one would be to continue to work hard and figure out ways to retrain an upscale workers all of the the u.s. athave a program at amazon --we have a program at amazon called career choice. and the third thing to keep your eye on is the united states needs to at every level be working on artificial intelligence. thatd be used in every -- can be used in every part of government. host: response to that aspect. guest: it is insightful. intelligence and machine learning our future jobs that we are going to need to have. we need to train people to know how to understand how to use robotics and machines, and understand basic, graphic design. ap

do you know bill gates, jeff bezos? >> guest: i know all those guys. and jobs and gates -- a lot of people know that i spent time with jobs and had a bunch of private conversations with him over the years. i don't think a lot of people know that i had just about as much time with bill gates. and i don't say that to flatter myself. i mean, he just was very generous with me. he would see me in his office, in his home. he took me to dinner once at some suburban shopping strip indian restaurant. i mean, he was the richest man in the world, he pulled up on the back side of a strip shopping center, we went in a door and went boo an indian restaurant and spent three hours. and he, like steve jobs, he appeared at these conferences that i produced with my partner, kara swish, many times including -- famously -- they did one together on stage. so i spent a lot of time learning, arguing -- because i think that's one way you learn, is to argue, particularly if you're a journalist -- with both of those people. i've known jeff bezos since he started, since even a li

listen. >> i think jeff bezos saved the "washington post." his purchasing the "washington post" i think a lot of people, a lot of his peers and friends, why would buy this ancient medium called a newspaper? but newspapers still drive news. drives news online, on tv. >> he did save it with the monetary injection by buying it. it has been doing amazing work and breaking news. >> he's investing in the medium of hard core journalism and if there's anyone that can save it and bring it forward to the modern era over the next few years, it's probably jeff bezos. don't know if he fully offered on amazon or not. >>> the harry potter series is turning 20 years old this month. in honor of harry potter and the sorcerer's stone, the publisher is leasing a new edition. >> the gift that never stops giving, harry potter fans. >> to harry potter fans, to j.k. rowling, and to our parent company. not books themselves, but the films very successful. >> the theme park at universal studios. >>> check out this viral video out of ukraine. close circuit cameras captu

i don't jeff bezos since he started -- i've known jeff since before he started amazon. icm, i have spent less time over the years with him than with those two. i mean, this is not, it sounds sort of ridiculously egotistical, but, i mean, when you are the chief technology columnist for the "wall street journal" for all those years and then you build up your own brand, even after you leave the "wall street journal," these kinds of people will see you. it's not because they like you. it's not because they think you're great, but because they think you are smart. it's because that's the way the world works. so it was lucky for me, and if you want to go on and talk about mark zuckerberg or, you know, larry ellison or any of these big tech figures, yes, i know most of them. >> host: one of our ceos susan swain has this question for you, which is what did it feel like to be an influencer? >> guest: well, susan is an influencer so she knows. it's -- what does it feel like? humor, it depends on the day. if your column is good and you view like you hit the marks -- you feel like

next case, jeff bezos, space exploration company, it is called blue origin. it will build rocket engines at a new plant in alabama. ashley: alabama, huntsville, alabama. and, listen, they're going to up a 400,000 square foot facility in huntville. they will be hiring up to 350 people. average salary of $75,000 a year, which will go a lot further in alabama than it will right here in manhattan. big-time jobs. jeff bezos says, look, we wanted to go somewhere with a highly-trained workforce around people happy to see us. huntsville tick all the boxes they have connection to nasa. they could build up to 30 space rockets a year once it gets up and running. stuart: rocket engine is not -- ashley: not small piece of machinery. stuart: sophisticated stuff. ashley, thank you. >>> coming up for you, the supreme court refuses to hear two key cases surrounding the second amendment. dana loesch weighs in on that, that's next. looking from a fresh perspective can make all the difference. it can provide what we call an unlock: a realization that often reveals a better path

talk to me about the market story and the opportunity that got jeff bezos excited. spencer: amazon has been working on grocery for about a decade now starting with its grocery delivery service amazon fresh that it launched in seattle. it is slowly expanding around the country to a couple dozen grocery just but does not have the online penetration of other categories like books, electronics. it is still languishing in the low single digits in terms of penetration. most people still go to the stores and that is what this is all about. if amazon wants to be serious about grocery, it needs stores. people want to go to the store, see the produce and that steaks, and cap the watermelons. watermelons. with whole foods, they also get some overlap in the whole foods shopper and the amazon prime member who is a very loyal amazon customer. david: barry, i want to come back to you. are we seeing something that is a much larger pattern that we will see played out in different ways, the marriage of the traditional with the digital? you have got a bunch of traditional companies th

jeff bezos seven best in independent film—making. the studios are churning out cartoons and creativity is indy. another one here, give it to the people of g re nfell tower here, give it to the people of grenfell tower and help them rebuild their lives. a reference to that tower in west london that burnt down. in respect of that last response, that rings a tune with whatjeff bezos himself has said. he is looking in the longer term. what he indicated is in respect of philanthropy, you would perhaps like to look at the urgency. when picchu —— people really urgently need help. that rings true with the last tweet. when there are disasters, people wa nt to when there are disasters, people want to respond immediately. that is when they will. it is having the organisation and structure in place to ensure donations go to the right place and i used best? it is interesting. this newspaper article says he is less than 6 billion away from being the world's richest man. just a mere 6 billion! there is a lot of pressure within america for a ver

days of paid around two hundred fifty million dollars for jeff bezos has a deal through amazon with the cia for six hundred million dollars and awfully twice what he paid for that paper probably three times what it's worth right now so again we're we're having these peep these so at capitalism right now we need antitrust laws to be enforced so right now barack obama didn't know antitrust laws and he didn't need approval from congress to do that you know it was teddy roosevelt who was a a republican who came in and broke up the trust before bulk of the monopoly so if you believe in capitalism you're supposed to believe in the power of competition but what we have now is capitalism that eliminates competition so what amazon dot com does if you say if you will if you started diapers dot com which happened what jeff bezos does was offer the same product for less money he'll take a loss until you're out of business and that's not supposed to happen in america jimmy we're out of time i could talk to you forever but i love the i love having you on and i got to do it again and keep keep say

bezos on his taxes, but it's because of who he is and who jeff bezos is now as a newspaper publisher, it's a threatening tweet. >> yeah. no, it's completely inappropriate and obviously i'm a big fan of the internet, a big user of twitter, but the president of the united states should not be attacking the press essentially in this case because of jeff's ownership of "the washington post." he's attacking jeff or this morning attacking, you know, mika and "morning joe." it's not just not an appropriate use of the medium. his focus should go to what he said he would do as president, focus on creating jobs in the middle of the country, hopefully a key focus backing start-ups in the middle of the country so we can create more jobs for more people in more places and not be focusing on debating these things on twitter. >> and jillian, how are people around the world in europe and elsewhere looking at the chaos really, which is the first few months? >> the tweets have left foreign governments around the world scratching their heads. i mean, several foreign ministry have set up entire desks ju

bezos ceo jeff bezos hezbollah's tim cook were among the many ceos at the meeting. cook says the u.s. has some catching up to do. >> the u.s. should have the most in the world and today it doesn't. cheryl: computer coding should be taught in every public school. the pentagon still using floppy disks we learned yesterday. another headline this morning. ups has announced a new face for the holiday seasons. what does this mean for retailers, consumers, all of us? lauren: tracee carrascas joining us more. good to see you. >> that's right. good morning. good morning. you'll be paying an extra 25 cents to 97 cents for a package shipped out by ups. the new holiday surcharge during the busiest weeks of the year. they will charge peak rates between november night team in november 2nd and again between december 7th team ird. increase staffing come extra plants during the holiday season. retailers will face a tough choice. raise the prices or the cost of doing business. one way around it, the surcharge only applies to residential delivery. retailers and shoppers can order ship

jeff bezos is thinking two or three steps ahead. he's thinking about is another whole foods stores as fulfillment centers, as processing centers, as warehouses. i think he is seeing all the whole customers being athletic customers with amazon prime members. remember, amazon's stock when not been increased more in market value than the entire purchase price they pay for whole foods. right now the market is betting on jeff bezos and thinking he will be -- maria: how about the other supermarket companies at all sold out. you look at kroger, other supermarket companies. do you think people are just nervous? >> is kroger, wal-mart, all of the companies thinking amazon is getting in here now did they will what they did in e-commerce. they'll just crush margins. they can afford to this money for a number of years, and therefore put a ton of pressure on all the other groceries. there is potential there and more consolidation. >> they've been having problems for some time now. i wonder to what degree this might be in part a strategic shot at

>> we're waiting for some of the ceos to arrive right now you were just talking about jeff bezos and showed that graphic of all the ceos that will be here jeff bezos, here in his capacity as the ceo of amazon and they've been making some big moves lately, but he also owns "the washington post" which has been report ving very aggressively on president trump and the trump administration so there's some subtext there. also some of the biggest names in technology that will be here, including tim cook of apple, eric schmidt of google/alphabet. and the challenge here for these two worlds that are colliding in this meeting today, they're going to be talking about government i.t., how to bring in ideas from the private sector, but you've got an administration that has been focusing on old economy jobs for lack of a better phrase. they're focusing on coal, oil, they're talking about manufacturing plants and keeping those plants here in the united states and then you've got the tech sector, which is really focusing on automation, driverless cars, ways of pull iing technology out of the economy

tech names, including tim cook, jeff bezos, and a google head. for more insight on these meetings we are joined by the assistant director for the asian policy society institute. what is at stake for this meeting between president trump and prime minister modi today? >> this is essentially a first date. his fifth visit the united states in three years in office. he has invested a lot of political capital and time in moving india closer than the united states. on the u.s. side, president trump need some good news. he wants this to be a relationship that works well. on both sides there are win win issues. there are real differences. they have to manage those productively. emily: some of the tech ceos tweeted with their meeting, jeff bezos said, "perfect meeting with prime minister modi. excited to keep investing and growing." tim cook said, "great to see you again. inspired to keep growing." what is at stake for these business leaders? seconda is the fastest-growing major economy in the world. demonetization it went down a slight bit, but it still g

biggest name in tech including tim cook, jeff bezos, eric schmidt all meeting at white house now. soon the president will join them for first of its kind tech summit. why they're there, what they're hoping to accomplish. new role for press secretary sean spicer. we have breaking details on this one. president trump's legal team is out in force with his lawyers stressing that the president is not being investigated. this, as the special counsel expands its ranks. what all of that means. among our guests this hour, alan dershowitz, mike baker, morgan wright, dan henninger. david: with those guys you know it all. the dow surging into the close. ending up 142 points. this is record high. go straight to nicole petallides on floor of new york stock exchange. this never ends, does it, nicole? >> david and melissa, some traders are saying make dow 22,000 hats? one has a dow 30,000 hat ready to go. there is certainly a lot of optimism. this is the first time we cross 21,500. new high for the dow and s&p 500 and tech stocks bounce back. break it down. driving stocks to all-time high. apple,

tim cook, jeff bezos among those headed to the white house today and will meet to brain storm on a wide range of issues still some discussion, jim, on where their interests overlap and how influential they've been, if at all so far >> i think the latter is really the issue. we start thinking that maybe a lot of these meetings have not led to what we thought might happen, which is the apprenticeship program seems to be a little stillborn, the idea that there is going to be some immigration reform a lot of these companies have billions overseas, nothing happened it might be a nice conversation but i think we're beginning to believe these are all window dressings. >> though they still show up it was said if you're not at the dinner, you're on the menu or not at the table you're on the m menu the questionis photo-op or -- the administration is demanding a good deal of time. they're asking for many hours today apparently to go off into these working groups and really work on various ways to make government more efficient. >> i look at some of these people, like safra catz, brian krzanich, je