i believe it would cut into margins. we ll have to make great changes and ultimately could go out of business. online power house amazon isn t involved in the case. and it does collect sales tax nationwide on the products. but third party sellers on amazon can choose not to. the big question for businesses like those, would a sales tax send customers back to the stores or does the convenience of online shopping come with a price? among shoppers? opinions are mixed. i think if they raise the prices online, i d go in store first and then look online after. would it bother me? i guess. it wouldn t stop me from shopping online. it s too convenient. and hallie, we could see a decision on this by june. back to you. pleasure to have you on. thank you. i want to bring in rick newman. you heard both sides of the argument. who do you think makes a more compelling case? the law is behind technology.
well, look, because of the connections which aren t particularly meaningful connections between amazon and the washington post, i agree it is hard to separate those two facts and surely part of the president s attack is related to the fact that he s frustrated with certain news outlets. but that being said, we cannot forget that donald trump has moved so far away from what really was the republican party platform on economics since ronald reagan. he s on a big 180 here and he really enjoys talking about companies not paying their fair share, countries not putting in their fair share. we ve heard a lot of this around trade gork trade negotiations with other countries, china, the e.u., slapping tariffs on allies. his attack on amazon isn t really out of character with that. he s suggesting that taxpayers and the public sector aren t faring as well because a private company has come into the market and been a disrupter. traditionally for decades, they have encouraged disrupters in the m
i can do for a dollar a day to push out our messages. the stuff about cambridge using data from three or four years to go to upload to facebook isn t technically possible. facebook didn t educate us that wasn t possible. it looks like they re hiding stuff and doing this p.r. cover up. facebook has actually been doing the right thing this whole time. interesting. what about the #delete facebook george and i have been talking about? delete, not delete. is that having an impact? i think that facebook will lose 1 or 2% of their users and it s going to be like delete uber, or it s going to be like united airlines every six months something bad happens. but are people really stopping using the airline? people are still going to be on facebook. they re going to get mad but are they going to leave? their friends are there. there is a push now for more government relg lags. we even hear from the ceo of facebook that he seems to be open to it as he told our laurie siegl. listen to th
ainsley: amazon might be getting too big for its own good. ecommerce giant sparking an tri trust concerns considering bid to buy whole foods for $18 billion. the company could kill off competitors if left unchecked. legal experts say amazon isn t breaking any rules right now. and a new study suggest that millennials are using credit cards as weapons of self-destruction. rebecca, you just got a credit card bill of $900. you do not need a scarf. the green scarf, please. good choice. last one. the study from lend edu find many millennials between 18-29 do not understand how credit cards work. 6% think missing payments improves their credit rating. steve: that s scare scary. ainsley: that s pretty bad.
from bringing home the gold and plenty of chances today. for the women it starts with soccer and then hit the mats for gymnast gymnastics. for the guys, nothing but net and swish. then swimmer michael phelps already a world record holder, but today this is a race like no other. not just going for the gold, he s trying to make history. once again, zain verjee, no pressure for phelps, right? no, it s just an easy, breezy thing. just a few hours back there in aquatics centre. a name you ll hear a lot today, she is a former soviet gymnast and she actually holds the world record for the most olympics ever. she had it for 48 years and has 18 medals. now, michael phelps has 17 and competing in two events today. he could either tie and get one medal or break that record and just make the history books, again. so, all eyes are on phelps to see how he does. he has not been performing as well as anyone expected he would, but today is a really big day for him. all right, well, speaki