we have to ask ourselves, what does it look like if amazon was to pay the highest tax rate of the couountry, 37%? they would be payaying $4 billin a year in taxes. if all of those fortune 500 corporations did the same, not exporting tax loopholes that allow them to move money offshore and get credit for it -- what would it look like in terms of the money we bring in? senator warren talks a lot about her wealth taxes in important s because it fuels important programs like medicare for all. mhe idea that this is zero su and all of a sudden there health care will be taken away, these are unfortunately republican talking points. i ran on a single-payer plan for michigan. what we found is that when you take away those deductibles, those copayments, those out-of-pocket costs from the everyday family, the average family of four earning $48,000 a $5,000 off the top. if you do not have to pay these costs and instead you are paying a tax, you save money because the whole system becomes more efficient. when you take corporate inputs because they have to pay their fair share, it more than makes up f fo

go to amazon, buy a spine and do it. but if they're not going to do it, then they need to accept the fact that donald trump is president of the united states and they need to let him go about doing his job. >> let me go to the congresswoman again. when do you have to begin this process formally of looking at impeachment if you're going to do it this congress? >> well, i think you need to do it sooner rather than later, because the closer you get to the election, the more it's just going look political. but i think you need to do it. you can't have it both ways. you know, the power to investigate and oversight is not in the constitution. that's an assumed power. and over time, the court has broadened it and narrowed it. but the power to impeach is in the constitution, and that gives us more authority i believe to subpoena people, to get information, to really turn the dial. >> michelle, do you think they're going to impeach trump? >> at some point i think they will. >> this congress? is disagree. i don't think they will.

amazon is not far behind. thanks very much. more to come in a moment. qualcomm offers a downbeat sales forecast. details next. this is bloomberg. ♪ >> trade talks will resume in september after meetings in shanghai ended with no progress. the two sides discussed purchases of u.s. farm produce, ip rights and nontariff barriers. the white house said the talks were constructive and washington will host the next round. the people's daily newspaper rejected president trump's description of ripoff china. president trump tweeted that sharon powell has let the country down. he posted after the fed lowered by one quarter-point despite the president demanding a bigger cut. reduction is the first in more than a decade. there were two dissenters on the board. out against making any cuts. >> is intended to ensure against to help offset the effects these factors are having on the economy and to promote faster return of inflation on our 2% objective. >> a survey says u.s. hiring accelerated in july for a second month, undermining a strong job market that is driving

there's also the argument that one of the reasons why amazon may have come to northern virginia is because there are more educated people in northern virginia. there is a question of is it the chicken or the egg situation. is the economic development falling the talent or is the talent following the development? i don't think they have to be mutually exclusive. i think that you can both have an economic development and also invest in education to kind of build work together. if you look at arizona state, one of the things that they do is partner with industries and develop programs that tie some of those skills that companies will need to the curriculum. so i think that there still is a lot of work to be done in terms of economic development in rural areas, but there is a lot of work to be done in terms of college attainment in rural areas. >> one of the things we have not talked about in this conversation is the role of private, for-profit universities. are we seeing those kinds of schools try to fill in the gaps between the private university, the public university? do we see those for-p

my theory is these analysts are the same gang that covers the stocks, facebook, amazon, netflix. apple is the slowest grower by far. if they grow at a 1 % clip, that's a disappointment. for the revenue stream, that's a loss my solution, you need to view every hardware sale as like a one-time game. hardware is cyclic l but the subscription business is like a cable company. follow with the tech analyst think about a cable company hits you up for more money every month. they have a 99% satisfaction rate they do no favors but saying there are 420 million paid subscriptions. we don't want that how many subscribers, not subscriptions. we need that we need to build models. what's the churn you can find out the lifetime value of the subinstructioscrip. i know this business here is the issue, a tech analyst who covers hardware or software companies won't understand any of this they might not recognize the lifetime value of a credit card holder you can do the streaming, let's say bang k of america if you have 1.4 million people owning it and you know the rate and churn, you can see the pri

asked the governor how he planned to bring amazon and others to the state. income tax and a very low business taxes. we have a tax structure that is randomly to businesses. soundly managed. companies know that so they sort i look athan incentive packages that states have to offer. we certainly deal with companies in that way. we incentivize companies to come there. they look at workforce development and we have done a lot in our state to create workers for companies that are coming there. particularly tech companies and technology-based companies. our administration has done something called a future workforce initiative that is establishing the kinds of education curriculum and pathways that will create the workers for the future. a presence has there. what in the future do you think you can offer tech companies? you are obviously making the case here in san francisco this week to put a bet on tennessee. >> the biggest thing we can do is show to them our commitment for workforce. jobs requirelated a workforce of the future. they require an education system

will see what happens with apple but it seems to be setting up for the same thing with facebook and amazon. i don't know maybe the market has finally gotten too far ahead of itself so maybe we're in for the 5% pull back tony has been talking about. >> are things different from what we thought powell would say? i mean 25 basis points, ending the balance sheet run-off earlier by two months, and then sort of -- you know what's next. >> we're going to grade the fed president later on in the show that will be a lot of fun. as guy is critical of the president's statements, i am as well i have to say though, i think he's right i think the market was expecting a much more aggressive fed and the market is only going on what the fed had guided them to i think we got to a place where the fed a's pivot for most of 21 is we're no longer in that immediate. three or mowre cuts in 2019 is something firmly on the fed's shoulders. the dow is no longer under control of the fed, and maybe it is not supposed to be once again, but central bank differentials are clearly a catalyst and a driver for dollar and dol

amazon, microsoft, samsung. facebook didn't disclose that to the use ers, did it? >> senator, my understanding, and, again, it was not my responsibility or my team, is that this was designed to enable those phone manufacturers to build integration within the facebook product to serve those consumers using these devices. >> okay. your algorithms are such that if i watch a video on a topic, i'm immediately shown videos on more extreme versions of that topic. we call that stickiness. is that correct? >> this is not the way the facebook platform operate today, senator. >> but it did for a long time, right? >> senator, mark really led through -- >> can we agree on this, facebook has now become the major news source for many, many people, probably the major news source. is that true? >> i don't believe it is, senator. i believe that more and more people are interacting with other people -- >> 60% of your users say they get their news off facebook as their primary source. isn't it true, i really want your opinion, that facebook has chosen to advance a set of values in whi

charles: in an amazon world where everything is cheap, everything gets lower and lower, maybe we're in a situation where the focus is not on what we were focused on when ronald reagan came into office? >> i think we would at least try to remember some things. if this is an environment which you have to cut rates when we just saw in some revised wage number that were out yesterday, all of you were reporting on it, 5% clip in 2018. 4.7% revised in 2017. wages and salaries taken together running at a 5 1/2% clip in june. the savings rate at 8.1%. i'm just saying i'm looking at all this and i'm saying, if that is an economy in need after little goosing on the part of the federal reserve, man, that is not the economy that i remember in the past that would require it. charles: maria, what powell is saying what he has said he wants to preserve those numbers neil is talking about. why be the fireman, why let this thing fall apart to try to put it back together if they can take steps, a, lou, to compete in the global economy against other central banks? and b, keep the prosperity going? on janu

there is also the argument that one of the reasons why amazon may have come to virginia is because there are more educated people there. of thes a question chicken or big situation. is talent following the development? i don't think they have to be mutually exclusive. economicou can have development and also invest in education. if you are looking at arizona state, they partner with industries in order to develop programs that tie some of those skills companies will need to the curriculum. there is still a lot of work to be done in terms of economic development in rural areas. there is a lot of work to be done in terms of college attainment. host: one of the things we haven't talked about is the role of private for-profit universities. do we see those schools trying to fill in these gaps between the private university and the public university? gapthey slipping in that where people want the education? decade, youthe last did see an explosion of the for-profit sector in rural areas. you see the constriction of those. itt tech closed. most recently, another school closed. i spoke to some s

they're trying to turn their offices into an amazon warehouse in order to get the tech valuation. i don't buy it >> so all of this is happening as they get ready for what reportedly could be a september ipo. this is probably one of the companies with the most hide-profile criticisms of its business model even uber and lyft did not necessarily have the heat on them like wework their valuation has continued to go up, but what's interesting about this is something we hear with wework or we company is the amount of capital that the founders have allegedly taken off the table, in secondary sales, with every one of these rounds, the founder will take a few chips off the table. this happened when snap went public we're talking about an order of magnitude more that has already gone in the possibilities of the founders, which is over $500 million. that's a lot of money that they are effectively holding on to risk free, because they sold it on the ride up. >> do we know if we're looking at -- so you want the last they were valued's juan $47 billion are we expecting them to do much more than

. ♪ >> it's just for the benefit of amazon. "the washington post" is for canoes. they actually said that, that mitch mcconnell is an asset of russia? they ought to be ashamed of themselves and not to apologize. >> harris: president trump there yesterday after "washington post" ran an op-ed calling senator mcconnell a "russian asset" for blocking election security bills. mcconnell is also pushing back against critics calling him a victim of "modern-day mccarthyism." the senate majority leader argues congress and the trump administration are already doing enough, and the bills are democrats putting politics. but one senator and presidential candidate says mcconnell is doing just that. >> totally aligned with the president. the president, i think, once chaos of the election. stop those bills in their tracks. he's doing it, and that's why he's doing it. because it protects their party. i think it's not patriotism. i think it's pure partisanship. >> harris: steve? >> steve: that's nonsense. mitch mcconnell's not trying to help the russians metal in in the 2020 election

it's oil, nat gas, amazon, right, cheaper products, you know, robots. so there's a lot of forces in the u.s. economy and we know that the trade fight is tamping down business investment. i don't see weakening the dollar improving business investment. i think the fear is that you raise rates, to dagen's point, you will have more long-term capital management. neil: it will continue the froth. >> i think you're right. >> that trade fight probably has a lot to do with what will be happening today and what will continue to happen. all the indications we have from the talks in shanghai is everybody expected, is we are really going nowhere fast. i don't think anybody expects us to be going anywhere fast. neil: the longer this is unresolved, the more rates would probably come down. >> but i think there's motivation on both sides. everybody keeps talking about how china's trying to put this off until after the election. i have been seeing, i keep getting indications from the president himself in his tweets and comments that he's maybe motivated to do the same, t

in pink is apple, and orange amazon, and white soft. last year apple was in the $1 trillion market cap club all by itself. right now trying to get back up there and join microsoft. it will be interesting to see whether investors bid up the shares as the summer goes on. vonnie: abigail, thank you for that. the u.s. and china wrapped up a new round of trade talks in shanghai. the white house called the session projective -- the session productive. still with us, stephen blitz, ts lombard chief u.s. economist. how are you modeling it into your forecasts? steven: basically, we think there's obviously a lot of politics involved in this. there's a lot of midwestern farmers getting hurt by what's going on. i think it becomes kind of like an arms troops. i don't -- arms truce. i don't think they could possibly get to a full agreement. i think they recognize that. i always thought they would just do agreements in steps. let's agree on what we agree on, but we can't agree on, negotiate that, and have the existential threat of tariffs weighing on

a hacker is a former employee of amazon cloud computing division. she faces five years in prison and a fine. >> it's not as if this is a sophisticated person because she gave herself away on line. i think we need to see more security for companies that mishandle your information. >> you can temporarily unfreeze your credit to get a car or buy a home. they believe it's unlikely the information was used for fraud or disseminated to individuals. >>> delta airlines making a bigger effort to communicate with travelers who are death or hard of hearing. flight attendants will now make wear name tags to show they are able to speak with sign language. today we will get the announcement on interest rates, investors, traders and economists will also wait to hear any comments in any indications that they will continue to lower rates throughout the year, holding stable. what they say in the meeting is what is driving the cut and it will be very important. >>> the alameda county das office received a report about last month's infant -- incident . >>> at the toron

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she used to work for amazon web services. a tipster eventually contacted capital one, said you know there's someone on the internet right now that's bragging they have done this. turned it over to the fbi. the fbi was able to very quickly find the suspect's address. boom. there you have it. she's now facing charges of computer fraud and abuse and could spend five years in prison. stuart: i don't think the security of the cloud is at stake here. ashley: no. stuart: what's at stake is your employees. ashley: yes. stuart: if you've got one disgruntled employee who is doing this for whatever reason, look at the damage. 106 million people. susan: they put a number to it already, capital one says it will cost $100 million to $150 million in terms of cost. compare that to equifax, over $500 million. much broader, by the way, number of customers impacted there. stuart: okay. >> 200 years ago -- they took down one employee took down a 200-year-old bank. stuart: how do you find the bad apple before you put them to work? the ten-year tr

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amazon, walmart, target, ikea and bed bath & beyond are accused of infringing of patents related to a specific time of l.e.d. light bulb made to look like a vintage-style edison bulb. the suit doesn't specify damages and royalties the universities may seek. acoo pt co rmour mind. no typing needed. oh thaphenomenal!, that's unfair. that's so unfair. c'mon jay-bo. let's go. let'♪ go. woahh!4. try my $4.99 barbeque bacon double cheeseburger combo. >>> is sonoma county sheriff's office released body cam video showing a man accused of an lsd fueled rampage on july 4th. that home security camera shows the 32-year-old talking to a security guard. police say he stabbed that guard with a metal outdoor light stick. he's also accusedounty sheriff' office's deputy shot him as he accelerated towards officers. >>> the search is on for three men accused of beating two senior sints in chinatown. police released the security camera footage. this was recorded on july 15th, the day of the attack. you can see three men a about the to cross the street at stock tan knee pacific right before the assault.

the company says it will notify everyone affected, the hacker is a former employee of amazon's cloud computing division which is used by capital one, she faces five years in prison and a quarter million dollars fine. >> it's not as though this is a infinitely sophisticated person, she gave herself away online. it's reasonable to question whether they were doing enough to protect data. >> experts recommend freezing your credit profile, you can temporarily unfreeze it to get a loan, buy a car or home or credit card. in a statement, capital one said quote, based on our analysis to date we believe it is unlikely that the information was used for fraud disseminated by this average however we continue to investigate. >>> stood the major league baseball trade deadline, last day players can be moved before the playoffs. oakland a's show they are buyers and made two trades with the kansas city royals to get pitchers. oak land has a half game lead for the final wild card spot. >>> all of baseball is watching the giants. they want to see if they are going to be buyers or sellers. they started o

to cut out a waste, amazon is putting vendors on a cardboard diet. the move will also reduce shipping costs, according to emmett at amazon it could reduce packing volume by up to 80 percent. this means no more giant box when you're getting a small product. more compact packaging should be easier to open. amazon will add a two dollar surcharge to products have failed to comply. >>> in an effort to go green one of the world biggest hotel chains is ditching the many toiletries. the decision affects intercontinental troops which owns how the income at crowne plaza. they will get rid of miniature sized plastic bottles of shampoo, conditioner, and bath gel. they will be replaced with bulk size toiletries into rooms by 2021. intercontinental says it uses about 200 million travel size toiletries a year. stratfor get saving up for a house or a car. >> millennials are so squeezed for cash they're having to save up there pennies for love. a new survey found that 30 percent of millennials say they are just too poor to see a relationship with student debt and hig

. >>> coming back with another full 90 minutes of news, including amazon's push to make hard-to-open boxes a thing of the past. >> reporter: fairfield police did their best to try and save two newborn twins found on the ground next to a dumpster. the story coming up. >>> we're going live to detroit as more democratic presidential candidates get ready to go head-to-he head-to-head. the big moments from night one. >>> it's 5:27. here is a live look outside as that leave therea lasting impression. like the feeling of movement as a new journey begins, or the sight of soft fur, warmed by the morning sun. you might remember new flavours, these are the memories althat stay with you, long after the moments have passed. >>> now at 5:30, newborn twins found abandoned next to a dumpster in fairfield, how place found the mother. >>> hundreds gather to mourn the victims of the gilroy garlic festival shooting. >>> a pilot ready to fly a full delta plane arrested at the airport. >>> also, it was a fairy tale al. this season of the bachelorette ended in heartbreak for hannah brown. however, there is

the hacker is a former employee of amazon's cloud computing division, which is used by capital one. she faces five years in prison and a quarter million dollar fine. >> it's not as though this a infinitely sophisticated person. she gave herself away online. i think we need to see more serious penalties for companies that mishandle your information or fail to protect it adequately. that's the bottom line. >> experts recommend freezing your credit profile until you temporarily unfreeze to get a loan but a car or a home or a credit card, you can do that temporarily. in a statement, call tall one said based on our analysis we believe it is unlikely the information was used for fraud or disseminated by this individual however we will continue to investigate. >>> the sale of levis plaza in san francisco for more than $800 million makes it one of the largest deals in city history. james town bought the property, 930,000 square feet of space and spans 9 buildings near the embarcadero. levis has been headquartered in the property since it opened. the lease was set to expire in 2022. >>> delt

. >>> amazon wants to make it easier to open big and unruly boxes. >> the tech giant asked companies to make packages more efficient by easy to open by august 1st. the "wall street journal" reports the companies could be fined if they don't follow through. that will help out a lot at home. >> trying to get into the boxha. have a great day. >> my grandfather already has the apple credit card. it's really heavy. a way to state his claim. >>> b.a.r.t. is making an effort to warn riders about aggressive panhandling. >>> if for the thousands of wounded warriors returning from battle, wounded warrior project has developed the warriors to work program, a unique program that helps wounded warriors translate their military experience to the civilian workplace. the warriors to work program also works with employers to find the right job for the right warrior. contact wounded warrior project at findwwp.org. welcome home the brave. >>> big win last night at the coliseum. we'll go at it again tonight. the brewers and a's, 7:07 first pitch. 67 degrees. a little bit milder. still kind of chilly at

the hacker, a former employee of amazon's chowd computing division, which is used by capital one, that hack ser facing five years in prison and a fine of a quarter million dollars. >> it's not as though this is an infinitely sophisticated person, she gave herself away online. we need to see more serious penalties for companies that mishandle your information or fail to protect it adequately. >> the experts are recommending you freeze your credit profile until you temporarily unfreeze it to get a loan, a car or home or a credit card. capital one in a statement said based on our analysis we believe it's unlikely the information was used for fraud oar disseminated by this individual, however we will continue to investigate. >>> the sales of levis plaza for $800 million makes it one of the largest deals in city history. james town bought the property, 930,000 square feet of space and spans 9 buildings near the embark darro. the lease was set to expire in 2022. >>> delta making an effort to communicate with travelers who are deaf or hard of hearing. flight attendants will wear name tags if

we've managed a series of all-time highs this year, with amazon and facebook and netflix, without apple hitting an all-time high. if you think of all of these bellwether stocks that have carried the market at various points, those still have some participation to do, some further highs to push to. david: whether it is apple or another stock, is the market prepared for a long, drawnout conflict with china? it's been a wild now, and it looks like it will go through the election. vincent: there are a sense that is earnings continue, we haven't seen it bleed into trade talks. of the fx in terms market, the stock market, is what will trump do after a 25 basis point fed cut? i would not be long anything going into the data friday. it would not surprise me whatsoever if he asked the treasury to be in the fx market. david: what would be the point of that? treasury officials don't have enough money to make a big difference. vincent: it is simply just to shake the tree. and central banks never really move the market, just a strange feeling i have that he may do something which no other president

the amazon man did not want to pay.$15 minimum is only thing trump has done -- spent ane card entire three years talking rubbish about other people stealing the jobs and the money. host: are you on board with a wealth tax being proposed by senator warren? caller: absolutely right. the class is crushed. what is this wealth president trump is talking about for the middle class? nothing has changed. she isws exactly what talking about, not like everybody else. is talkings what she about. host: is she your candidate? caller: it is either warren or bernie. i have a feeling if warren runs against trump, warren has a better chance of winning because warren does not use the word socialism. the moment warrant -- sanders gets into the fray with trump, they are going to hammer that he is a socialist. warren has a better chance of winning over trump because she is a moderate. host: tim in north carolina, independent. are you considering voting for a democrat? caller: yes. republicans are terrible and democrats are slow thinkers. i am independent. have ptsd from trump winning. joe biden, we defin

do you think the government will be deciding any of those winners if they think about breaking off amazon web services or anything? >> i don't really worry about that i do think that the government will try to take a whack at everything here. it will be part of everybody's political campaign we heard some of it -- although tech wasn't specifically mentioned last night with the democratic candidates, there seems to be sort of a lot of anguish toward anything that is large and growing. but we depend upon innovation as the backbone of this country and we also do see every enterprise becoming a software company and looking at how they improve their digital experience with customers we do truly have a global digital transformation under way. and there are many benefactors in the enterprise software space including companies that are critical to the long term viability of every enterprise which are the cloud vendors themselves microsoft, google and amazon >> having said that, it is not just the democrats, it is the republicans at this point too who are not thrilled with big companies on any lev

but just in the way the story is developing, she had worked for amazon cloud services for a number of years. she's clearly mentally having a lot of battles. one thing that let the fbi find her home address was she had shared a vet bill, i guess her cat was sick, so it had her home address, her real name and that's one of the reasons they were able to find her and arrest her. maria: wow, incredible story. >> it just shows somebody very much on the fringe but who wanted some sort of acceptance if you like from her peer group. but we know with equifax, for example, which went through a similar hack, they paid $700 million to settle a lawsuit, i should mention a class action lawsuit was filed yesterday in dc, someone in connecticut who has been affected has started to gather the troops. >> you know, maria, what is chilling in this case, a lot of hacks we think of foreign agents or people overseas. it's a reminder that for big companies, you've got all kinds of developedders coming in and out, -- vendors coming in and out, and a determined hacker who has an inside track, it's very, very ha

spoke just a few moments ago saying the focus is what will keep apple back compared to big tech like amazon. something to watch closely. >> quickly, do you know what some of the other products that have made up the other half of the revenue for apple were? >> you're talking about things like wearables, services, the idea of selling music on to your iphone, the idea that you're going to have your apple watch attached to your iphone. this is something, incremental improvements and the problem is unless they have a new game changer and create a new market, they're going to be held back into the future. >> i feel like it's apple's world and we're just living in it. >>> coming up, mike allen has a look at this morning's one big thing and coming up on ceremo"m joe," the face off between the 2020 hopefuls as the split takes center stage. >> "morning joe" will have several of last night's participants, including mayor pete buttigieg, amy closure, former congressman beto o'rourke. "morning joe" is moments away. re "morning joe" is moments away. you make time... when you can. but sometimes life gets

she is a former worker at amazon's cloud decision. the bank tells fox news that every current and previous capital one customer and anyone who has applied for a credit card at capital one could also be affected by the hack. cheryl: a senate panel is holding a hearing this morning on the federal aviation administration, particularly oversight of the agency. the senate appropriations committee expected to discuss the future of the boeing 737 max. the max has been grounded since march after crashes that killed nearly 350 people. boeing last week posted its largest ever quarterly loss. lauren: tariffs are mentioned in many of the conference calls held by these major corporations reporting their quarterly results. in fact, treasury secretary steve mnuchin and robert lighthizer are in shanghai, china right now for day two of talks with top chinese officials as president trump is ratcheting up pressure on china to quickly reach a deal. cheryl: jessica stonies at the white house with more. good morning, jessica. >> reporter: lauren and cheryl

now, to cut down on the waits, amazon is putting vendors on a cardboard diet of sorts. the move will also reduce shipping costs, and he could reduce package volume by up to 80%. that means no more giant box just to ship a small product. the more compact packaging should also be easier to open. amazon will add a $2 surcharge to products that fail to comply. >>> a group of will watchers of the coast of southern california got caught in the middle of a dramatic showdown. this drone video shows the moment and doesn't organize attacked a pod of dolphins. it happened last night in orange county. the killer whales prayed on the dolphins just feet from people on board that boat, at one point separating a mom and a baby from the pack. >> the passengers got to see this up close and personal. some of them, and might've been distressing for sure. that is what happens in the open ocean. animosity to eat to survive. >> the orchids are believed to be eastern tropical pacific killer whales, who usually live in mexico and costa rica. >>> weather around got a much cooler over the past co

. >> companies like amazon that made billions in profits did not pay one nickel in federal income tax. >> and one nickel is a lot. you can take a street car and see a talky -- see a talky and still have enough left over for an egg cream at woolworth's. >> former colorado governor hickenlooper laid out the stakes of this election in no uncertain terms. >> i was out of work for two whole years. >> please, i need this job. i am -- i am in deep. on the subject of health care john delaney tried to speak to his experience on the trail. >> i've been going around rural america and ask rural hospital administrators one question -- >> do you know who i am? >> probably do now that elizabeth warren dumped on him. >> i know. thanks for joining us. i'm christine romans. >> i'm boris sanchez. that's it for "early start." early "new day" starts right now. >>> there was time to stop worrying about what the republicans will say. >> let's just stand up for the right policy, go out there and defend it. >> democrats win when we run on real solutions, not impossible promises. >> we made it to have a campai

then bernie got his chance, and he talked about corporate power: >> companies like amazon that made billions in profits did not pay one nickel in federal income tax. >> stephen: (as bernie) tnd one nickel is a lot. bu can take a street car to the n egfield and see a talkie, see a talkie. and still have enough left for an egg cream at woolworth's." ( laughter ) tter many of the candidates had attacked her and bernie sanders, elizabeth warren made a call for party unity by saying this about donald trump: >> anyone on this stage tonight or tomorrow night would make a far better president. >> stephen: uuum. even the guy who thinks his heart is in his junk? because i'm not sure that's a good call. when it comes to healthcare, bernie's a fan of our neighbors to the north. >> five minutes away from here, john, is a country. it's called canada. they guarantee health care to every man, woman, and child as a human right. >> stephen: (as bernie) "it's a magical land where galth care is free, hugs are mandatory, and the currency has been replaced with maple syrup that gets you high." ( cheers and applau

sure it is absurd to say you tax google apple facebook and amazon now we tax your wines is completely morani we tax the technology companies because they reap enormous profits in our country millions of billions of euros and there's no reason for them not to pay taxes why in exports are a completely different thing. it is unclear how much the us tax on wind will actually cost the french economy if it ever came to that experts say it's mostly makers of cheaper wines that might feel the pinch as their fathers won't find buyers in the us as for the country's best vintages they should be fine. but usually j.t. she feels for the united states is the biggest export market for the french outside the e.u. but only in terms of value not volume that means the american strength french wine that is expensive and i'm sure an american who buys a bottle for $100.00 or $150.00 won't think twice before buying a bottle price at $180.00 or $200.00. for the others there's always a decent california fun dell to toast with. and that is your business update here on d w for me and the team and thanks for kee

it's put there for the benefit, "the washington post" of amazon. and i think it's a disgrace. if they actually said it, i didn't read it. if they said that mitch mcconnell is an asset of russia, they ought to be ashamed of themselves, and they ought to apologize. well, i think right now, i am watching. i think right now it will be sleepy joe. i think. across the limp line. what i think doesn't mean anything. i know the other people. i know him. i think it's off his game by a lot. but i think personally, he endorsed sleepy joe. no, i think i'm helping myself because i'm pointing out the tremendous corruption that's taken place in baltimore and other democratic-run cities. all you have to do is look at past mayors in baltimore see what happens. no, i think i'm helping myself. and i'll tell you what, the white house and myself and letters an e-mails an phone calls have received more phone calls than i any on any other subject of people from baltimore and other cities corruptly run by democrats thanking me for getting involved. those people are living in hell in baltimore. they're

companies like amazon and billionaires not paying one nickel in federal income tax and 500,000 people sleeping on the street. what we need is a political revolution that tells these billionaire corporate america that they are americans, they'll participate in ow society but they have got to start paying their fair share of taxes. >> miss williamson, you're proposing to make college free for all qualified students. should the government pay for wealthier students to go to college? >> i think policies should be based on the idea that anything we do to help people thrive is a stimulation to our economy. so if a few people take advantage, there are four or five that are going to take the money they have in the bank -- when you look at this $1.5 trillion debt -- this is why i okay with bernie. we have a $2 trillion tax cut where it ges to the very richest among us. that does not stimulate the econam. think of all the young people that will be able to start their business. the best thing you can do is to get rid of this debt. this is not just about a planx it's about a philosophy of governi

all of it stored on amazon web services. a former amazon employee has been charged. but first to our top story, apple shares spiking after hours after reporting third-quarter results. revenue topped analyst estimates. apple saying it remains optimistic about potential sales of new iphone models set to hit the market in the fall. for more on apple earnings as they are unfolding, we are joined by max chafkin from bloomberg businessweek, and we also have the sin of this trust portfolio manager with as. walk me through this. iphone sales missed estimates, services missed estimates, the forecast beat. what about all of these other indicators? >> it is an interesting report. if you would have told me they would have missed on both services and iphone revenue, i would have said, they were not going to beat on top and bottom line. wearables was a big plus. they also used about $21 billion of cash on the quarter to repurchase shares and increase the dividend. they did some other things to kind of help along which initially you would have thought would have been a tough quarte

so, i think it's a horrible thing which is just a paper for the benefit of amazon. the washington post is fake news just like the new york times is fake news. it's put there for the benefit the washington post of amazon , that is my opinion and i think , it's a disgrace. and if we actually said that i didn't read it. if we actually said that mitch mcconnell is an asset of russia they ought to be ashamed of themselves and they ought to apologize. reporter: [inaudible] pres. trump: well i think right now it would be sleepy joe. i think. i feel he will limbo cross the line. that is what i think. what i think doesn't mean anything. but i know the other people, i know him, i think he is off his game by a lot. but i think personally, i think it's going to be sleepy joe. reporter: [inaudible] pres. trump: no, i think i'm helping myself because i'm pointing out the tremendous corruption that's taken place in baltimore and other democratic run cities. all you have to do is look at the past mayors in baltimore and see what happened. i think i'm helping myself and i will tell

she was identified by amazon as one of its former cloud service employees. capital one says about six bit of were also implicated in the breach. chase has signed a five-year contract with a.i. marketing company which does machine learning to create customized ad campaigns and communication strategy. it follows a pilot program where j.p. morgan chase saw its click through rate on ads just 450% with the robots creative reading the way. global news, 24 hours a day, on air and at tic-toc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. i'm su keenan. this is bloomberg. of play come across assets midday, getting into the japanese lunch break let us look at the global muck removers. we are down across equity markets -- global macro movers. down.ong is 1.5% yvonne is pointing down, every single stock is down here in hong kong. if you are hoping that it is bad weather that is delaying the release of gdp numbers, sorry to disappoint you, hong kong has said that that mother will not affect the release of gdp numbers. all of this co

a former employee of amazon use by capital one has been caught and she faces five years in prison and a $250,000 fine. >> it's not like this is a sophisticated person. she gave herself away online. it's reasonable to question whether they were doing enough. we need more serious penalties for companies that fail ecinfor >> reporget alone, home, or credit card will protect you. capital one issued this statement, we believe it is unlikely that the information was used for fraud or disseminated by this individual. however, we will continue to investigate. >> it's ironic that a company with the slogan what's in your wallet is now wondering who's in your wallet. >> reporter: this is been going on for decades. at this late stage in the game, how can so much data be so readily available to hackers? ktvu fox2 news . >>> coming up, new details about the bay area teenagers arrested in italy for killing a police officer and how one of them was in a fight club in san francisco. >>> the trial of an american rapper started today in sweden. president trump's comments may affect the case. we are here

a former employee of amazon computer services used by capital one has been caught and she faces five years in prison and $250,000 fine. >> is not like this is a sophisticated person. she gave herself away online. it's reasonable whether they were doing enough to protect. we need more serious penalties for people who do not protect your security. >> only freezing your credit profile until you temporarily and freeze it to get alone, car, home, or credit card will protect you. based on our analysis to date we believe it is unlikely the information was used for fraud are disseminated by this individual. we will continue to investigate. >> it's ironic whose in my wallet. >> cyber hacking has been a technological game of cat and mouse that's been going on for decades. it is fair to ask how can so much data be so readily available to hackers? ktvu fox2 news . >>> apple reported earnings for its june quarter beating analyst expectations. revenue of $53.8 billion which is an increase of 1% from the quarter one year ago. international sales accounted for 59% of the revenue. tim cook says this

companies like amazon and billionaires out there do not pay one nickel in federal income tax. and we have 500,000 people sleeping on the street. what we need is a political revolution. that tells the billionaire ands corporate america they are americans. they'll participate in the society. they have got to start paying their fair share of taxes. period. >> thank you senator. williamson? you are proposing to make college free for all qualified students. should the government pay for children from wealthier families to go to college? >> i think all domestic and international policy should be based on the idea that anything we do to help people thrive is a stimulation to our economy. that's how you stimulate the economy. so if a few people take advantage four or five people who were going to take the money they have in the bank, when you look at this $1.5 trillion college debt. swap it. we had a $2 trillion tax cut. 83 cents of every dollar goes to the richest among us that doesn't stimulate the economy. if we get rid of this college debt, think of all the young people who have t