hold your mobile phone to the scanner and you re in. has leonarda shows me amazon s new menus and explains that the language assistant alexa can help with the preparation at home i m under constant surveillance. which shelf do i stop. which products and my interest in and. on the ceiling sensors and cameras. intelligent image recognition captures my every move what s my take off the shelf what do i put back and what do i take with me. this branch is still in its test phase but amazon plans to open 50 such grocery stores this year alone. the end of the sales assistant just walk out no
so low, the retail industry was already making moves to be more competitive. walmart raised its starting hourly pay to $11, targeted the same to $12. one analyst told me amazon s move was a headache for any company smaller than amazon. with a market cap of $1 trillion, amazon can t afford to pay its people more. this time of year, extra turkey as well, retailers make at least one-third of annual sales between halloween and new year s. no matter how strong holiday sales are, profits will be narrower because of paying workers more. in reaction today, every major retail stock closed down. john? john: deirdre bolton for us tonight in new york. thanks. up next, where you can get a get out of jail free card if you are caught with illegal drugs. first, though, here are some of what our fox affiliates around the country are covering tonight. fox 32 in chicago where police officer jason van dyke takes the stage today in his own defense.
senator bernie sanders bill called literally the stop jeff bezos act. its premise was to attract large companies whose low-wage employees have to rely on government assistance. today, though, from a p.r. perspective, amazon s founder and ceo jeff bezos scored a point. mr. jeff bezos today, what he has done, it is only enormouslys hundreds of thousands of employees, it could well be and i think it will be a shot heard around the world. as of november 1st, more than 350,000 amazon employees will be paid double the federal minimum wage of $7.25 an hour. jeff bezos says he listened to his critics and decided to leave. here is his quote. we re excited about this change, encourage our competitors, and other large employers to join us. with the national unemployment
accusations of tax evasion and fraud by president trump of the 1990s braided an article published late today, the the times is that trump received at least 413 million entities dollars from his father s real estate empire, mostly through tax dodges. a lawyer for president trump quickly responded to the allegations, calling them 100% false. just about an hour ago, the new york city tax department weighed in, saying, it is reviewing the allegations listed in the article. the dow was up 123 points today to finish at a record high for the 14th time in 2018. the s&p 500 was off 1. the nasdaq closed down 38. amazon is raising its minimum wage to $15 an hour following attacks over low wages and poor working conditions. deirdre bolton from fox business network joins us from new york for the details. good evening. good evening, john. amazon is distancing itself from the suggestion that the higher wages are in response to vermont
he was talking about everything else that everybody is talking about. think about that for a moment. people are starved for unique content. they seem to not be getting it elsewhere. the ratings show that and what he covers every night show that. he s also dealing with things that are outside of my per view. i don t have access to those materials. i m glad the country is starting to have access to those materials because i think when everybody is calling for transparency and accountable, it ought to cut every single way. we ought to know they were expecting to. it is relevant because it talks about upper echelons of the fbi and what was going on. if you re going to give jim comey book time. crimes that include in any campaign. one more transparency question. i m going to be talking about amazon and this washington post report. the headline is president trump