Expected, the question is how much. And bigtech in the cross hairs, Senate Committee holding antitrust hearing today. Companies expected to face tough questions from both sides, plus, President Trump ripping the New York Times once again, a lot to go at today including more problems for wework and half billion dollar deal to bring seinfeld to netflix, Varney Company begins right now. David day 2 of gm strike, Kristina Partsinevelos from picket line in arlington, texas, what are you hearing about the status of the negotiations . Well, right now its been pretty tense, went into the evening, im at the arlington plant over here, over 4,000 workers are focused primarily on larger vehicles, suvs, chevy tahoe, for example, the issue, a lot of Sticking Points, the one we were told by source that issue mexico, Union Workers that want the production to come back to the United States, more Jobs Available for workers and several talking points i guess you should say the laundry list of items that they are asking for, fair pay, seniority, temporary workers can get permanent job, i spoke to one person that said they have been here for about 6 years and they cant get the permanent position and health care is a major, major Sticking Point because right now according to gm spend about 4 of the healthcare costs and gm is looking to increase higher, gm is playing their cards right, they are using their cards right, they will not Touch Healthcare benefits after october 1st, they will tap into emergency fund, should they continue the strike. The strike is happening right now across the country affecting over 50 plants across the country. 49,000 people, here in texas, arlington the mood is still pretty good, very hot again today, almost 100degrees fahrenheit, a lot of them are from General Assembly lines. They keep rotating over. I will send it back to you, theyre not going anywhere, negotiations continue in detroit. Kristina, thank you very much, take a look at the headline from the detroit news, editorial blame strike on uaw corruption. Lets bring in curtis ellis, curtis, nobody knows uaw better than the detroit news, they spend a lot of their time investigating, they say, look, you have auto workers losing a thousand dollars a week, gm losing a hundred Million Dollars a day on this and all because the uaw is trying to cover up its problems with corruption, what do you say . Well, david, thats an interesting thought and one that ive heard from people inside the labor union movement, they said isnt it convenient, this is a nice distraction for leaders that are in uaw under fire for corruption there are 11 Union Leaders, uaw Union Leaders who have been indicted so far and also investigations going into the top of uaw right now. Right, let me say that this is another example of split between leadership and ranking file. We isnt that true 2016 that the Union Members voted for donald j. Trump while the Union Leaders for Hillary Clinton. The split between ranking file and the relationship, and if this strike does not end well for the union, if it drags out too long and causes too much pain and not get good contract at tend, that would be blamed on the Union Leadership. Theres a at stake here for the Union Leadership as well as for the president because the action here is in ohio, pennsylvania, michigan, states he needs to win. David and texas. And texas, most of the uaw members and big striking is going on in the industrial states around the great lakes, so the president is hitting the right note, notice as your correspondentant correspondent told us, mexico, jobs going mexico, plants going to mexico, the president you heard him yesterday i dont want to see gm building factories in mexico, hes taking the side of the uaw. David the question is whether uaw leadership is different from membership and the leadership is so concerned about their own corruption problems that they are dumping all of their problems on the membership, i mean, they are losing thousand dollars a week, can the president come out and support the Union Members and condemn the Union Leadership for what they are doing if the detroit news is right on this . Well, by taking the side of the workers and taking the side of america, i want jobs in america, i want gm in america, hes doing exactly what youre saying, david, this could be interesting, he can come out on top again the no pun intented trumping the leadership, we will see how it comes but the stakes could not be higher for everyone involved. The workers, the Union Leaders and the president because if this doesnt come out well for the president , if he is able to get gm to reopen some of the plants in america thats great for him, if this doesnt happen and if he is perceived as siding with gm which i dont see that happening, there goes those critical states. By the way, he keeps emphasizing the fact that gm owes taxpayers. 11 billion from the bail oit. The short sale. Yeah, yeah. And he could hit on that too, many points that the president can hit on. Everybody wants to be the fly on the while, the meeting that he had with mary barra, we would like to know what happened there. David thank you very much for being here, great to see you. Thank you. David journal reporting that uaw cost could a hundred Million Dollars a day. You dont live too far from the wilmington, delaware plant. In fairness the plant has closed. I live about 10 miles from there, 3 miles from chrysler closed in the last 10 years and that has how many people lost their jobs . 3500 and 2800 in the other. Theres so many things going on and so many moving parts in this particular in this particular standoff and a few of them i think are interesting that gm was planning on this, 77 days worth of cars in inventory sales where the average dealer or car maker has about 61. They also have 17 and a half billion dollars in cash, 16 and a half billion dollar credit line, so they are ready to do this and the uaw, i think, to your point earlier in the corruption with whats going on there, i think its coming in more willy nilly, we want a fair settlement and not to draw out. They have been profitable, 6 profit margin, just to put in perspective, ford has less than 2 margin. Gm rivals toyota in terms of profitability. They are doing well, refurbishing the biggest chain, largest seller, interesting things going sort of bypassing the union traditional negotiation, taking highrisk strategy by going public with what they offered making appeal directly to ranking file. David lets talk overall markets, dow futures down 70, they have been losing steam, i guess theyre essentially waiting deal on what the fed decision amounts to. Yeah, i think we will we will be on hooks until then, i think most people, 63 and a half percent chance of a quarter percent drop according to fed funds, the traders that use this for hedging are saying twothirds of a chance that he will do that. I dont think we will get half point at all. I dont think its in the cards and i do believe youre exactly right, we will probably see some very Modest Movement between now and 2 00 oclock. David europeans keep dropping their rates, negative levels. They dropped 10 more basis points last week, yeah. D. R. , thank you, another delay for ipo, whats going on, susan. Well, looking to be a disaster, from 45 billion valuation in round of fundraiser to 20 billion, maybe we should hold off on this and wait for better market conditions, so wework now delaying ipo, they expect ipo to be complete bid this year, they are saying at least until next month thats when theyre going to delay it to but, you know, a lot of people on the markets dont think they will go public this year in 2019 and there are a lot of concerns about profitability, you know they lost 1. 6 billion last year, they only sold the sales 1. 8 billion, that is those are not good account numbers and theres, of course, questions about the accountability of ceo since hes been selling shares ahead of ipo, how much faith does he have in the company. David good point. Check u. S. Futures, they were down from earlier premarket activity down 69 points, we will see what happens when they open in about 20 minutes, meanwhile mcdonalds says fooddelivery operation going to grow to 4 billiondollar business by the end of this year, company also releasing surprising information on when most people are most likely to order a big mac during course of the day and the fbi is investigating after 35 million just vanishes from a Payroll Processing company, suddenly went out of business leaving tens of thousands of workers without a paycheck. Also marriage rates are going down in this country, new study says its because there arent enough economically attractive men, that story next as Varney Company is just getting started. Flonase sensimist. Nothing stronger. Nothing gentler. Nothing lasts longer. Flonase sensimist. 24 hour nondrowsy allergy relief david take a look at dow component mcdonalds, forecasting that delivery alone will be 4 billiondollar business for mcdonalds by the end of the year, the most of the action actually comes very late at night, so who better to talk all of this than bar rescue host john tafford, great to see you, john. Does this surprise you that mcdonalds is doing gang buster on Delivery Service . It doesnt, but when you are talking premium price for delivery, think about how people are paying for convenience these days but over 60 of orders are at night and its a million orders a day, think about that, a million orders a day of hamburgers being delivered, mcnuggets being delivered and they are saying its going to be a 4 billiondollar business just for them. David does this cannibalize business in house or continue to work both of them . Its a wonderful study, its about 5 50, 50 50, incremental revenue, but we pay fee for delivery, so to the industry, its a win and lose because you do take hit for the delivery. David youve had to wrestle with that, though, not only in food career or bar career but also tv career if you start something new, does that pull away from your brand or from something youve done before . Right, right, whats the answer there, how do you decide whether youve got to bring it to new level . In todays world you have to be in the delivery marketplace to be relevant and be on website, we are cornered in the business. You have bar rescue, marriage rescue, the next one is for you, new study finding that marriage rates are down because too many men arent economically attractive, john, i think a lot has to do with education, kids are being educated by a lot of folks who think that ambition is wrong, theres something bad about ambition, thats kind of a theme that you see through a lot of educational systems that particularly in Public Schools, what do you think . Take ambition out of the American Business model and what the heck do we have, david . David economically unattractive men. Womens expectations risen . The education part is a great part of the equation because women are more educated, they make over half of the college classes, right, so if im being more educated i make my own money why shouldnt i expect someone to be as successful than me or make more than i do and its hard to find in todays environment, right . Exactly, a lot of guys loaded down with college debt. Thats true. Ducated but are poor. [laughter] david also problem with booming economy, you have easy job market that a lot of guys, maybe i will sit around for a while and wait for the right job to come along, you cant do that. Also i think that women when you mary today youre not necessarily looking for wealth today but promise into the future, i think not only [laughter] i think it speaks to their potential at least [laughter] david amazon facing as you can see the Dow Jones Industrials improved a little bit from where they were, nasdaq unchanged and trading up a little bit in premarket activity, amazon by the way facing questions over report that claims it changed its search algorithm to boost its own products and amazon pushing back on the story from the wall street journal, we are on it. Imagine a world where nothing gets in the way of doing great work. Where an American Icon uses the latest hr tools to stay true to the family recipe. 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Every day, comcast business is helping businesses go beyond the expected, to do the extraordinary. Take your business beyond. David amazon pushing back in wall street journal article that it changed algorithm to boost its own products, quote, we have not changed criteria to rank search results to include profitable, we feature products that customers will want whether they are our own brands or selling partners. Joining us kirk, cyber, guy, regardless the article is right, does amazon have the right to do this . Well, thats the question, david, good morning to you, we are talking about also, look at the statement from amazon, theyre right, they didnt put in specifically profitability into their algorithm, instead what the journal article says is they were manipulative, they put in factors that would lead up to yielding a more profitable margin for items that would propagate to the top which tended to be amazon Branded Products as well as thirdparty products that had very, very strong performance, they had greater Profit Margins and they sold a lot of, the journal article is absolutely correct that this is going on because the results are there and evidence came out that internally at amazon the attorney involved in the case, at least one of them had been outspoken about not putting because of what happened to google in 2017 and the eu where they paid 247 2. 47 euro fine, amazon should just be out front about this and you and i should have expectations that when we shop at amazon and we type in im getting david a brandnew ipad that the amazon generic version of the ipad doesnt come up david european regulators are die to go get more of revenue or limit their growth in europe, give their own competitors more of a chance to compete with amazon. I think theyre afraid of the europeans and thats why they are pushing back this hard. Well, thats how it started, i believe, now the wall street journal has opened it up to what now is brewing in this country not just from the 50 different states that have signed on with their attorney generals having consolidated being run by texas for antitrust issues but also Congress Taking up this issue with all big tech, amazon should be frightened, they should it should worry them and at the end to have day it comes down to this, how come we cant have somebody, someone that we can trust that amazon is willing to share algorithm with and google is willing to share algorithm with david i think its the fear of european regulators that does everything, thats whats motivating amazon and so many Tech Companies right now. Kirk, great to see you, thank you very much, appreciate it. Take a look at futures, down about 51, 53 right now, its an improvement from earlier in the morning, though, it began about 5 and now we have nasdaq in the red just 5 minutes from now as the markets open. This is the age of expression. But shouldnt somebody be listening . So. Lets talk. Were built for hearing whats important to you, one to one. Edward jones. Its time for investing to feel individual. Have you lost weight . Of course i have ever since i started renting from national. Because national lets me lose the wait at the counter. And choose any car in the aisle. And i dont wait when i return, thanks to drop go. At national, i can lose the wait. And keep it off. Looking good, patrick. I know. vo go national. Go like a pro. Doprevagen is the number oneild mempharmacistrecommendeding . Memory suppo