Joining us this morning, the executive editor kara swisher. We cant wait to check in with kara in a moment on a big day for tech apples ceo, tim cook, bezos, cats among the nearly one dozen tech ceos travel together white house today for the first meeting of President Trumps American Technology council. Were at the white house watching all that good morning. Good morning, carl. That group has convened Conference Calls in the past but it is first meeting of the tech ceos here at the white house it is the high list the white houses public schedule. But as weve been seeing taenldes come in, we notice there is another meeting at the white house today on tochl ax r. So were, of course, going stay tuned into what exactly comes out of that meeting which is going to be very important for our viewers as well. But the meeting with the tech executives is very narrowly focussed today the office of American Innovation wants to talk about how to modernize Government Services and this is what they ha
Good morning welcome to squawk alley. With me here at post nine sara eisen, mike santelli, Carl Quintanilla has the day off. We start with amazon prime day. The annual holiday made by amazon set to kick off tonight at 9 00 p. M. Eastern with deals aimed at rewarding prime members and, of course, recruiting new members to the premium option. Just how important is prime to amazon always tricky to get the numbers. Deadria is at amazon hq with some details good morning, deadria. Good morning. Thats right were in the heart of amazons rapidly expanding campus where employees are getting to work gearing up for the big ta. As you know amazon does not disclose the number of prime subscribers but estimates put it between 65 million and 85 million subscribers in the u. S put that in perspective that would be nearly 70 of all u. S. Households and puts it on pace to become more popular than cable tv that has been very Good Business for amazon a recent study found that prime customers spend nearly d
Walter isaacson will be with us. First were going to john harper. More companies are following in line, criticism from president elect trump. Our john harwood is in washington dc with more on that. In the age of trump, companies have learned very quickly if they want to get on the good side of a new president , they should tout those efforts and make them conspicuous and public. Very substantial investments. Now the Companies Say the investments were already planned. Trump was on twitter today saying the jobs announcements are making the case that even before taking office, he is doing what he calls big stuff for the company. He is hoping to build momentum. He could not avoid picking a moe money temperatu more money. House republicans want a border adjusted dax system for the Business Community that would tax imports but not tax exports. Donald trump says it is too complicated. He has a punitive tax on companies that take jobs overseas, and well have to see what the wrestling match is
I am her sidekick matt miller. Market makers. Lets get to the newsfeed. The top business stories from around the world. Consumer confidence is still close to its high mark for the year. The Bloomberg Consumer cover index was unchanged last week after three weeks of gains, the second highest it has been since 2008. In a report says Consumer Spending grew load less than forecast last month. Or largest a lawyer reduce alcoa has agreed to buy British Aerospace parts maker for 2. 9 billion in stock and cash. Alcoa has been closing on probable smelters because there oversupply of aluminum. The Worlds Largest furniture seller is raising its minimum wage in the u. S. Workers making the minimum wage will get an average 10 76 cents starting january 1, 17 raise. It will benefit about half of ikeas employees. The minimum will vary based on the cost of living and their 38 locations. Everyone is talking about on wall street, new York Attorney general Eric Schneiderman is a busy guy, pursuing charges