the american financial analyst tom ford says covert 19 has been amazon's growth hormone what does amazon do so much better than other businesses that's what we asked the economist from cologne she says is based on several factors. amazon takes a different approach from other companies where the customer is 100 percent the sole focus and their strategies are consistently geared towards customers and their needs that's what makes them so successful in the amazon success is based on several factors the seemingly never ending choice on its website there are about 300000000 products for sale price many products are really quite cheap and delivery is often cost free. availability amazon delivers right to your doorstep and usually the very next day. claims exchanging or returning something is pretty simple amazon is becoming increasingly integrated into everyday life i can listen to my music there i can watch movies and t.v. series there are many many connecting points. one shortcoming however is being increasingly criticized. the control of. 3rd party suppliers. with products of counterfeit qu

amazon instant video. >> i want to thank amazon, jeff bezos. >> to amazon, my new best... friend. (audience laughing) >> bezos likes to joke about how, every time he wins a golden globe... h >> ...ps us sell more shoes. and it does that in a very direct way, because when peop... if you look at prime members, they, they buy more on amazon than non-pre members, and one of the reasons they do that is, once they've paid their annual feethey're looking around to see, "how can i get more value out of the program?" s they're trying to use t entertainment to get people into the pipeline. >> alexa, play "jack ryan" on fire tv. >> to keep them sitting wiin this structure that is amazon, where it becomes ts unthinking habit that's starting to pattern all these parts of our existence. >> so you're doing the media stuff to encourage people to use more of prime.ct >> cor >> amazon is represented at the academy awards.on ams the first streaming service nominated for best >> he's like one of the old studio bosses right now. he really enjoys havinispl e in the industry and really seems to relish b

directly on amazon this. hitting small and medium sized businesses especially hard and they are dependent on participating in amazon's expensive shipping program to remain competitive on the platform. james thompson created the marketplace for amazon today he consults other companies on how to successfully sell products there goes your product show up in organic search results does your product have good customer conversion it all comes back you do in fact use amazon to do your fulfillment so that's one example where as a seller you basically have to accept that if you want to store the platform you're going to have to use the shipping program to be relevant amazon has also started selling its own products directly on its platform in 2009 company founded jeff bezos started the company amazon basics this brand sells everyday products often at bargain prices and the grave is constantly growing because amazon has a very long term perspective they're prepared to lose a little bit of money here in their own indivi

what is true is that amazon actually benefits from counterfeits amazon and uses than and as leverage against suppliers so we saw this a few years ago with the shoe company birkenstock they had been complaining to amazon because there were lot of counterfeit birkenstocks on the site and they could not get amazon to do anything about it and eventually amazon said oh yeah you have to sell us your full line issues on the terms that we want and then we'll clean up the counterfeits. those that do find a way. may find if they're successful or 2 or 3 years in the actually begin to build up a bit of a business doing it and hire people and wow this really works well once they sort of get to a certain size certain amount of sales it is though amazon kind of notices them at that point and then it starts to get harder suddenly there are more fees and it becomes more and more costly and more and more difficult to be successful the more successful a kompany is on amazon the more expensive it gets for them to use the platform to sell it sounds like a pretty bad deal for individual salads can we as c

so amazon bought it. after buying your leading competitor here, amazon cut promotions like amazon.mom and the discounts it used to lure customers away from diapers.com and increased the price of diapers for new moms and dads. did you sign off on the plan to raise prices after amazon eliminated its competition? >> i don't remember that at all. >> thank you. >> what i remember is that we match competitive prices and i believe we followed diapers.com. i can tell you after we bought diapers.com, we put -- >> just moving on. i'm sorry. so you said that amazon focuses excessively on customers. so how would customers, especially single moms, new families, how would they benefit when the prices were driven up by the fact you eliminated your main competitor? >> i don't agree with great respect, i don't agree with the premise. at the same time, you should recognize in context diapers -- [ overlapping speakers ] >> i'm sorry, mr. bezos, i need to push on. the evidence suggests that the predatory practices weren't un

what is true is that amazon actually benefits from counterfeits amazon and uses than is leverage against suppliers so we saw this a few years ago with the shoe company birkenstock they had been complaining to amazon because there were lot of counterfeit birkenstocks on the site and they could not get amazon to do anything about it and eventually amazon said oh yes you have to sell us your full line issues on the terms that we want and then we'll clean up the counterfeits. those that do find a way. may find if they're successful or 2 or 3 years in the actually begin to build up a bit of a business doing it and hire people and wow this really works well once they sort of get to a certain size a certain amount of sales it is though amazon kind of notices them at that point and then it starts to get harder suddenly there are more fees and it becomes more and more costly and more and more difficult to be successful the more successful a kompany is on amazon the more expensive it gets for them to use the platform to sell that sounds like a pretty bad deal for individuals hallo's can we as cust

the amazon marketplace. groans companies access to a growing number of potential customers us also collects huge amounts of data for its. products labeled as best sellers or the deal of the day most excess for the same goes for real supermarkets too for vendors the so-called buy boxes on amazon equally important small check boxes on the website shopping screen that a low cost the most to place products directly into the shopping cart but the algorithm that determines which seller gets to buy a box is kept secret what we do know is that pricing reviews and distance between product and customer all influence how sellers are ranked but the most promising key to success is f d a f e a means fulfillment by amazon vendors that agreed to this deal which essentially means paying more for amazon services have higher chances of scoring a box stacey mitchell has been monitoring amazon for 10 years and it's consistently causing more discomfort 3 critical remarks from her point of view. it's amazon's marketplace and the

what is true is that amazon actually benefits from counterfeits amazon and uses that and as leverage against suppliers so we saw this a few years ago with the shoe company birkenstock they had been complaining to amazon because there are a lot of counterfeit birkenstocks on the site and they could not get amazon to do anything about it and eventually amazon said oh yes you have to sell us your full line issues on the terms that we want and then we'll clean up the counterfeits. those that you find away. may find if they're successful or 2 or 3 years in the actually begin to build up a bit of a business doing it and hire people and wow this really works well once they sort of get to a certain size a certain amount of say oh this is though amazon kind of notices them at that point and then it starts to get harder suddenly there are more fees and it becomes more and more costly and more and more difficult to be successful the more successful or kompany is on amazon the more expensive it gets for them to use the platform to sell it sounds like a pretty bad deal for individual salads can w

what is true is that amazon actually benefits from counterfeits amazon and uses them and is leverage against suppliers so we saw this a few years ago with the shoe company birkenstock they had been complaining to amazon because there are lot of counterfeit birkenstocks on the site and they could not get amazon to do anything about it and eventually amazon to oh yes you have to sell us your full line issues on the terms that we want and then we'll clean up the counterfeits. those that do find a way. may find that they're successful for 2 or 3 years and they actually begin to build up a bit of a business doing it and hire people and they think wow this really works but once they sort of get to a certain size certain amount of sales it is though amazon kind of notices them at that point and then it starts to get harder suddenly there are more fees and it becomes more and more costly and more and more difficult to be successful the most successful or kompany is on amazon the more expensive it gets for them to use the platform to sell that sounds like a pretty bad deal for individuals hal

in the fact amazon's stock has soared. a lot of it is contributed to the fact that fulfillment network and transportation network has worked even though there has been pickups. -- hiccups. emily: only about 30 seconds left, but who could be bezos' successor? is that dave clark? brad: well, speculation. andy jaffe has been there since 1997. he runs aws. aws is a much bigger part of amazon's business now. i think now that jeff will be left the company, if bezos were two summaries reason go away tomorrow, i think the conversation would start with jaffe. emily: bloomberg's brad stone. we missed you. thanks so much for joining us and thank you for watching this edition of bloomberg technology. it's friday. have a wonderful weekend. i'm emily chang in san francisco. this is bloomberg. ♪ you doing okay? yeah. this moving thing never gets any easier. well, xfinity makes moving super easy. i can transfer my internet and tv service in about a minute. wow, that is easy. almost as easy as having those guys help you move. we are thos

the p/e ratio on amazon was a thousands. if you're smart enough to realize that's not an applicable way to think about valuation and try to find another way to understand what was really going on with the company, you got involved with it us amazon holders cho hawho hav in stock for a well, have never concerned ourselves. the thing that drives stocks are net work effects and brand and consumer growth and market share and amazon checks every box outside of price to book i think it's nice to see people start to recognize that even if it's years later >> pete, you do own jd >> yeah, i own jd. that was name we talked about for unusual option activity. this is a stock that's hit multiple times it's the chinese they have been reacting well we've seen more and more of this it seems like it's picked up especially over the last month or so. we're seeing this a lot. it was over 65 earlier today it did pull back the markets have been a little bit waivering around for most of the day but i think the reality is, that a lot of these names

if you use amazon's fulfillment services. this timing is something that is not legal and should be enforced against and hasn't been and and extracts huge fees from small businesses. yesterday [inaudible] came out with a report saying amazon charges 30% fees for businesses that transact honest platforms up from just 18% a couple of years ago. that extraction hurts small businesses and attacks on businesses and it is one that members of congress yesterday spoke out against and held the corporations accountable for. >> host: barbara comstock, what is your response to what you have heard? >> guest: i think we heard a lot but i think the things they were talking about were often anonymous and then they wouldn't let the different business leaders really respond to the detail like knowing when they were talking about your information as someone would try to explain that you can delete your search history and if you don't know how to do that you can go onto google and how do i delete my search history and you can find out but they di

amazon is a good example of this. amazon is 200 million businesses reaching customers, even more in the pandemic when they have to reach customers. what amazon also does is sell their own products on that platform. they have the benefit of all of the data that goes through that platform around other merchant businesses and their sales, and what they have done with that data is use it to copy other business products and then preference their version above the other businesses, so this is the practice that we saw anecdotally happen regularly, so that is one problem. the other problem is just that they have so much information about these corporations, and they tie their own services together. so if you want to sell a product on amazon, what you see is you might have more ability to reach customers if you use the amazon fulfillment services, so this is something that is not legal and should be enforced against but has not been, and it extracts huge fees. yesterday, the institute for self-reliance came out with their repo

the product in an amazon truck. it is a retailer. amazon should be strictly liable. amazon turned around and took a bill that it was not supported and through its full force behind supporting this bill, to say that every marketplace should be strictly liable for everything sold on its etsy andace, meaning ebay should have the same burden as amazon. y, we think the judge would have ruled differently. we are very different from amazon, truly peer to peer. is mildlysaying, this inconvenient for us but so difficult for a company like etsy, this would be crushing. so by embracing this law, we can ets the small businesses on y trying to compete with amazon. >> it sounds suspiciously like once again was opposed to sales tax on amazon purchases, then turned around and embraced it completely. >> even just frivolous lawsuits. suddenly, you have a deep pocket to go after. a frivolouse lawsuit that cost money to go away. it is interim and's expense, all of which would have to get -- it is a tremendous expense, all of which woul

but in amazon in particular basically vendors from a variety of places are saying that the way amazon works is they'll go in bill buy goods in bulk for directly from manufacturers turn around and sell them to someone else like cloud tail at a lower discounted rate basically at a loss and then cloud to cloud tail turns around sells those same products which are competing with other businesses that are selling those products but they're selling them at a lot less so it's driving these other smaller companies out of business well what's the latest molly when it comes to amazon's planet to expand its operation in india. well it's interesting they have just opened up their largest retail office yet in a city there in india that is known as basically asia's silicon valley bad i'm probably slaughtering the plantation of that name but it's a huge city 10000000 is seen as a real growing mecca for young talent the technology business they've got an enormous campus they're like 2000000 square feet almost with some 15000 employees 7000 that are in the office and the rest are basically creating so

so amazon is a great example of this. amazon owns a platform that's more than 2 million businesses used to reach customers, even more independent when so many businesses have to reach customers through online means. what amazon also does is sell their own products on that platform. they have the benefit of seeing all of the data that goes through their platform about other merchants businesses and their sales. what they have done with that data is use it to copy other businesses products and then preference their version above these other businesses. so this is a practice that we've heard anecdotally happen regularly. so that's one problem. the other problem is just that they have so much information about these corporations and they tied their own services together. so if you want to sell a product on amazon, what you see is you might have more ability to reach customers if you use the amazon's of film and services. so this is something that is not legal and should be enforced against it but hasn't been, and it really ex

>> thehe amazon is a really violent place. --ould say in this picture i pretrade this moment that is complex. it tells us about different indigenous fighting together. group,side we have this their goal is to protect their lands. there is something more complex that deals with poverty and bad conditions of living. all of the people in the amazon, this is the paradox. it is a rich national treasure. at the same time, it is really for -- poor. in this case they told me that indigenoushe other passenger and new he was collaborating with this group of illegal loggers inside the reserves. actuallyly, we were e doing a patrolling and when we would pass by, when he passed by he was with his motorbike. screaming at the loggers, calling them with bad names. that was the moment when the brawl started. him and when we came out from the reserve the day after, received some shootings. some people shoot against us. but we did not know from where. probably what the guard told me tot, probably this man went -- >> retaliation? >> this is reall

the major difference between us and amazon is amazon is building stores. they are kind of ground up, new build outs. that's how we refer to it. what we are doing is taking existing stores, stores you already know, the products you love, and transforming them into stores with autonomous check out. the products do not change, the shelves do not change. we don't need to do any layout changes. it is the exact same stores you know and love with our technology on top of it that lets you skip the line. that is the major difference. it's built to scale and built to meet the retailers where they are with their existing fleets, without major renovations. emily: you have said you have had conversations with hundreds of retailers, potential retailers. how much are they bringing up concerns about amazon? fears of competition with amazon? jordan: great question. they won't necessarily tell us what they are exactly most afraid of. sometimes you have to read the tea leaves when you are bringing a product to market. it is clear that is something that is fairly top of mind.

etsy saw it, ebay saw it, amazon saw it amazon is accelerating and doubling down on investments they're using this as a chance to grab market share and retail share. physical landspace share this is the amazon that you would expect the company has always been willing to make aggressive long-term bets are they a monopolist? maybe. they are taking advantage of the dislocation and the fear out there, and they're shifting up >> i guess the question, mark, is when you're adding thousands of new corporate jobs in half a dozen cities, do you sense that their priority right now is continuing to capital right now into retail, or another vertical what will amazon buy next? >> i think it is a, b, and c i think they're doubling down on groceries. that is a extremely tough logistics business it requires a lot of people. office to office and business solutions, products, services, that is secondary and i think they will invest in that aggressively and third i think internationally there is a lot of markets where they want to try to accelerate the presence they had they were a little late to those mar

rain forest brazilian president remains in denial saying stories of the amazon in flames are along. i'm burnt off it's good to have you with us democratic presidential hopeful joe biden is making his 1st appearance with his pick for vice president california senator. the new democratic ticket debuting at a high school nearby home in the state of delaware a harris is the 1st woman of color to be nominated for national office by a major political party biden and harris will be officially confirmed as the democratic party's candidates for the white house at the party's convention next week. and here is why it's joe biden has been saying in just the past few minutes about his new running mate. a great choice but i have no doubt that i picked the right person to join me as the next vice pres the united states of america and that's senator coming to hers you know and it seems americans all across this nation lisa the outta here green with me yesterday we had our best grassroots fund raising day of the campaign more than double our previous record and in doing so we set a single day record

amazon on the core retail platform, aws and amazon fufulfillment. i don't think there was ann elegant way to splplit up apple. i think apple is more about regulation t than antitrust. only restores the marketplace and oxygenates it to inincrease compensation but the core shareholders are better off. awaws would be the most valuable company in the world by i itself. i think elegant antitrust, you have your cake and eat it. with applele, it is difficult to understand how you would split t it up because the quesestion arises as to who has domain o over the core asset, the brand. i t think you w would need to regulate the app store which now controls two thirds of what we call the app economy, and has been accused of using anticompetitive behaviors. just put those three companies into eight or nine, and regulate apple. amy: scott galloway, you're always on nbc, ththeir business channel. i have not seen you there recently. >> yeah. i was h honest -- i was on cnbc every morning for five years. i don't know what happened. they just stopped calling. i heard

it will never be amazon versus chris smalls, it will be amazon versus the people. and today with a demonstration of different type of people of all different type of backgrounds speaking of their stories, experiences, and lives, and not just for amazon, but all essential workers. emily: chris smalls leading that protest in front of jeff bezos' home. thank you so much for joining us. we did reach out to amazon for comment. we did not immediately get a response. we will continue to effort that. it is the last day of the republican national convention. don't miss our coverage tonight come alive on bloomberg television. -- live on bloomberg television. president trump officially accepts the nomination. that's all for "bloomberg technology." stay tuned for "bloomberg daybreak: australia." i'm emily chang. this is bloomberg. ♪ >> good morning. welcome to daybreak australia. i'm haidi stroud-watts in sydney. >> from new york, i'm shery ahn. are your top stories. wall street rally continues. bond yields surge as the fed unveils major monetary shifts. for the fourth se

wal-mart is getting beaten by amazon. gerry: we've got to wrap, but one quick final question, lawrence. these companies, the amount of data that they have on us just grows and grows pretty well daily, and that surely is a concern, a privacy concern, a market power concern. do you think that's something that regulators are going to have to deal with? >> oh, absolutely. you know, we really need sort of a personal data bill of rights. the problem is that congress has moved very, very slowly on passing any kind of tech regulation. everybody agrees it would be good, but we seem to be getting nowhere on it. gerry: we've got to wrap it up there, but thank you very much indeed, stir. >>> coming up, one university in this country appears to be taking a different stand on english grammar than we've been used to in the past. how far will our cultural elitist changes go? we'll b b b b tara, did you know geico is now offering an extra 15% credit on car and motorcycle policies? >>wow...ok! that's 15% on top of what geico could already

i think our numbers come in that 60% of product related searches start on amazon. we know that google is serious about doing more in e-commerce they hired from paypal they have been enticing the suppliers and sellers to come on with free product listings effectively offering zero commissions on sales what they really need is something to bring the consumers along for the ride it may be a bit tan generalable to the core areas that are looking at the advertising business it may be something that might be a possibility >> they could maybe argument it would help diversify from ama n amazon i'm getting tv ads when i try to buy products on amazon the experience is becoming distressingly familiar do they think to think about some other kind of foray into that space >> it doesn't get talked about enough as well as amazon's ambition to do with what many believe is the migration of tv ad dollars into the digital sphere they have imdb tv which is smautsmau smaller platform they do have fire tv they are looking to figure out. it's something they are already series abo serious

we spoke with the former amazon driver who it last week. she explained the work conditions to us. >> the vans are getting sanitized once every two weeks so i was having to bring my own wipes to clean my van every day. as everybody knows, those are difficult to find. it was a scary proposition tried for how to keep myself safe and other people safe while i was at work. >> reporter: in a statement, an amazon spokesperson says nothing is more important than the health and well-being of our employees and we are doing everything we can keep them as safe as possible. we've invested $800 million in the first half of the year, implementing 150 significant process changes on covid-19 safety measures. >>> an italian restaurant in san francisco's north beach neighborhood has sparked a controversy, despite being shut down due to the pandemic. several handwritten signs of emplaced on the windows of the restaurant on columbus avenue. there are a mix of angry messages and rants and english and italian. some suggest a race war coming and others call san fr

examining the amazon, facebook and google. before we begin, i'd like to remind members, motions and written materials. you are the e-ma-- offices that required for all meetings. i expect all members to wear a mask expect when speaking. i recognize myself for an opening statement. more than a year ago, this subcommittee launched an investigation into digital markets. the twoives b have been to document problems and -- since then, we've received millions as well as conducting hundreds of hours of interviews. there were experts here, the subcommittee's ranking member. we work closely with all members who have taken this work seriously and study the issues. this is the most bipartisan effort i've been involved with. the purpose of today's hearing is to examine the dominance of amaz amazon, apple, facebook and google. amazon runs the largest online marketplace in america, c capturing 70% of all online marketplace sales. it operates across a vast array of businesses from cloud compute i ing. apple is a provider of smart phones with

remains in denial saying stories of the amazon and. a lot. i'm told me a lot of thanks for joining us we begin in the u.s. where democratic presidential candidate joe biden and his newly chosen running mate . have made their 1st joint campaign appearance she's the 1st woman of color on a major party ticket during harris's speech in wilmington delaware she criticized president donald trump's handling of the coronavirus pandemic. the president's mismanagement of the pandemic has plunged us into the worst economic crisis since the great depression. and we're experiencing a moral reckoning with racism and systemic injustice that has brought a new coalition of conscience to the streets of our country demanding change america is crying out for leadership kamel as you all know is smart she's tough she's experienced she's a proven fighter for the backbone of this country the middle class for all those who are struggling to get into the middle class come on knows how to govern she knows how to make the hard calls she's ready to do this job on day one

. >> yes some things still creeping higher you see amazon a bit higher. microsoft up about a percent alphabet, too. adobe hitting all-time highs earlier this morning, which just goes to show, there are certain story lines in this market, sarah that continue to do well >> for sure, naturally, the s&p 500 is positive because of those groups communication services, consumer discretionaries, financials are higher and the nasdaq just topped higher, john, as "squawk alley" started as technology goes green. i would just say on the consumer, this is a mixed picture we're getting. confident was down, all of the components of it, carl, were pretty poor. a lot weaker than expected it comes on the back of what are better retail sales number we look at redbook, in august, they showed improvement that people were out spending again a lot of people are focused on that with home sales up, what, 14%, they're spending on certain things but overall, the jury's still out on the recession, the kind of bounceback we're seeing and the shape of it. >> certainly, one of the thing

of etsy josh silverman he says that this is going to wipe out amazon competitors completely because amazon is strictly a middleman when it comes to their business model adding that amazon supports this bill and bad face them saying quote amazon's goal is to be the only place to buy stuff online hobbling mom and pops that sell unique items in their own shops or more frequently since kovac through marketplaces like etsy small businesses struggling now more than ever will ultimately bear the brunt of the overbearing burdens of a b $3262.00 amazon does say that it does support this bill only though if it quote holds an online marketplace all my marketplace is liable regardless of their business model but you know let's be real amazon knows that it can take on any of these lawsuits it's got a ton of money and now jeff bezos with 204000000000 it's interesting 100 or ability when you look at all their pictures they all have the worst haircut too and the bases with no hair no so at all $340.00. well you know what would you do with that . r t correspondent for and thank you for being with us. time

wants alternatives to amazon i think the world deserves alternatives to amazon in this global pandemic we see how buyers crave to support small businesses and small businesses need the opportunity to sell online so now more than ever, it's really important that true marketplaces have an opportunity to compete with amazon the way we do that is by being a true marketplace we open our doors to all sellers and keep the cost of selling very, very low that gives buyers an opportunity to buy great, innovative high quality products at affordable prices and everybody wins, everybody but amazon this is really them trying to use public policies in their lobbying efforts to try to shut down competition that's not what america needs right now, especially not small business. >> if it ends up passing are you going to do anything >> we'll take it to courts we think it's in violation of federal law. i think it will be an embarrassment to california legislature if it does pass because they will see an uprising from small businesses in their state they will see marketplaces start to tax california reside

matias: 2019 was a alreadydy a recocord year for the amazon regarding the fires. this year, 2020, the increase comes because it was overly dry year. the water levelels did not rises they normally do. it is really dry in the l last 0 daysys here. in this region, no rain at all. everything -- the fire started. these e are the first fires in e last 22 years as locals -- the wetlands are too dry to contain the fires. it may be caused by climate change here in this region. we are stitill in the beginningf the dry season. it lasts until october. brent: we can tell just how dry it is where you are. has brazil been receiving foreign assistance to help tackle these spots? >> brarazil is generally k keent to combat the fires. it is part of the natural -- national policy. bolsonaro sent military here, helicopters are helping with logistics. two airplanes are dropping water, 3000 leaders per flight. there are the just ask to combat the fires. there are too many. they are too big. it is an ongoing crisis here. brent: what about the coronavirus pandemic? what i iact has itit ha

his violence like this s commonn ththe amazon? >>>> the amazon is a really violent place. in this picture, i portrayed this moment that is really complex because there are fighting indigenous together. on one side, we have the goal of protecting their land. withe other side, they do .our street and bad conditions this is the paradox, it is a rich national treasure and then at the same time it is poor. me theycase, they told were hollering at him and knew he was collaborating with a group of illegal loggers inside the r reserve. by, he wasld pass with his motorbike, and they loggersscreaming at the and calling them bad names. that was the moment it all started. , when we camethen out from the reserve the day after, some people shot against us. we didn't know from where. what they told me it was probably this man -- >> retaliation. >> and what they do is really dangerous. described it as the new far west. i wanted to touch on the fact that these photos were first revealed in september at the precise moment flames were engulfing the amazon, making global headlines. when you''

protesters and amazon today about their concerns. >> there's this back and forth between amazon and its workers. employees say they want to feel safe while working during the pandemic. but a company spokesperson tells us they're already doing everything they can to protect their employees. >> reporter: it front of almon leandro warehouse, but many are here with a serious message. >> we're just tired of being treated like our lives don't matter. >> while amazon disputes these claims, the workers say they work in unsafe conditions and delivered a petition to shut down the facility for a deep cleaning. >> i at least had the expectation there would be visible people cleaning the warehouse and cleaning vans. our vans are getting sanitized once every two weeks. >> reporter: an amazon spokesperson said quote nothing is more important than health and well-being of all of our employees, and we are doing everything we can to keep them as safe as possible. according to the los angeles times, amazon's policies on keeping workers safe during the pandemic are being examined by california's attorn

but the farmers he had determined to battle the raging fires in the amazon rain forest. forgot about part of the point it's now out of control we're trying to see animals and save houses that's the most important thing right now look at what we're doing to nature look out that just turning everything into a coal and smoke. more than 10000 fires have been recorded in the 1st weeks of august alone the worst on record the fires are usually manmade to clear land for farming and ranching it's illegal but for many it's the only way to survive. but. we don't want to destroy anyone's lives i'm just clearing a field to bring up some cows there but you know what they're good. the brazilian government is now under mounting pressure to stop the forest fires though president joey balls in our 0 has dispensed the military to assist with fighting the fires the president has also denied the fires exist. because the poor feel for left i want to because it's a rain forest like most of you it does not catch fire so this story that the amazon burns with fire is a lie and we must fight it wi

by the way, we get enough amazon packages. we definitely don't want to be on y and amazon at the same time. i'm not sure my wallet could afford it. you like louis vuitton, peloton with a cult-like following, etsy i happen to love and restoration hardware. quickly, how do you come up with these names? >> i'm an expert on consumer behavior. that is what i do, charles. i watch people, how they live, work and shop and how they're reacting while staying at home and restoration is very interesting here. it is obviously a high-end play. when you're sitting at home, remember the pandemic caught two markets, right? a high-end market and low-end market f you were flush with cash before, you're sitting around, you may want to redecorate the house or redecorate your husband. restoration hardware is handy and they have gorgeous source books. i love etsy. charles: i love restoration hardware. i've been buying the stock for a while. also the furniture as well. we're running out of time. erin, just real quick, what should we be cautious about

you and i know that amazon is a huge company. and if they are allowing for the unprofitable delivery to be done by the postal service while they take the profitable side of the asiness, that is not sustainable project. in doing so -- he was right to call that out, i would call that out, and when we look at parcel delivery -- here is the problem. since we are speaking candidly. parcel deliveries have gone up 15% over the last year. percentage service's of that 15% gain went up at 6%. somebody is getting the lion's share. i found out by accident, when i found out in my apartment here onnorthern virginia, where one day the postal service is delivering amazon boxes and on the next day, it is an amazon prime truck delivering it, and it has to do with if it is a profitable delivery or unprofitable delivery. with that, i don't think the american taxpayer or ratepayer should subsidize any company, whether it is amazon or anybody else. make sense? reporter: [indiscernible] into a postal deal? could you do it now? mr. meadows: i think if w

and he mentioned amazon, needing to raise the price of packages for amazon as a way to help solvency with the post office. reporter: with the recent agreement between israel and they united arab emirates, there is a great interest on the part of the united arab emirates to produce -- to purchase f-35's. what is the president's position on selling those high-end aircraft to thee emiratis? kayleigh: we don't comment on proposed defense sales or transferred until formally notifying congress. postur point about the office, i wanted to highlight a piece written by a retired commissioner of the u.s. postal regulatory commission. she said "the post office, access -- has access to $25 billion in cash. its own forecasts predict it will have enough money to operate into 2021." so this notion that there is emergency that an emergency that nancy pelosi needs to rush back to capitol hill is false, it is a farce, what is really happening is nancy pelosi is feeling pressure from her members and constituents because she has not delivered relief of the american people in president trump has. reporter

let's talk about the amazon. the powe car now has changed soe dynamics. it isn't as much as it was in the 1980s. it's not the endpoint, but what do they do now? with trade policy and [inaudible] >> guest: the first thing i'm trying to do in the amazon and another place i spend a lot of time, where the mountain gorillas are and those are very special places in the book and are throughout the book. the first thing i'm trying to do is show that the degradation of the natural environment and the killing of species at risk of extinction are not being carried out by evil people who hate nature. it's often being carried out by people that are desperately poor in ways that the young people that are alarmed by polar bears and plastic straws have no understanding of. and you i now understand because you go to those places. the first thing i wanted is to bring my kids and kids my daughterdaughter's age, 14, 15,w that the struggles are and so in the amazon chapter, there's this kind of elitis elitist literally looking down, flying over the amazon, condemning the peop

so talk about amazon. i know your cousin has been involved and we talked about that in her interview. so early on the amazon workers in new york were the earliest to strike because somebody contracted coronavirus and then amazon retaliated the nurses who have spoken out about the condition. i saw your optimism book to put out this internal communication that said please only positive statements about the hospital. [laughter] but with amazon that's one of the most prominent it really has tried to tamp down on this worker organizing but it was called out in the attorney general said we will investigat investigate. so talk to me what's going on in amazon right now. >> i can't tell you as an insider but i think what is happening is kind of amazing. it is nationwide, entirely done by telephone and online. and it is attracting a very interesting diverse mix of workers which amazon has with ages and skin colors and national backgrounds and everything. it's amazing they get along. and they are really excited and t