Is Amazon a monopoly?

Amazon dominates online retail and is one of the most valuable companies in the world. But are consumers harmed by its low prices? CNN's Jon Sarlin reports.

Posted: May 16, 2018 5:49 PM
Updated: May 16, 2018 6:02 PM

Congrats to Baker Mayfield! He's the No. 1 pick in the NFL Draft. He's headed to the Cleveland Browns, who always seem to pick first. Here's what else you need to know to Get Up to Speed and Out the Door. (You can also get "5 Things You Need to Know Today" delivered to your inbox daily. Sign up here.)

1. North & South Korea

Just months ago, it seemed almost inevitable that hostilities would return to the Korean Peninsula. This morning, the world faces a startling new prospect: a peninsula at peace. The leaders of North and South Korea met at the DMZ this morning for their much anticipated, historic summit. They did not disappoint:

-- North Korea's Kim Jong Un and South Korea's Moon Jae-in say they intend to formally end the Korean War later this year, 65 years after fighting stopped.

-- Moon and Kim announced a goal of achieving a nuclear-free Korean peninsula through "complete denuclearization."

-- They also said the two nations will work to reunify divided families.

There were plenty of made-for-TV moments during the summit. The spectacle of Kim walking over the border, becoming the first North Korean leader to ever visit the South, and being greeted with a warm handshake by Moon. And then, unexpectedly, the two leaders grabbed hands and briefly crossed the border again into the North, in another symbolic gesture. Later, at the DMZ's Peace House, Kim wrote in the guest book: "A new history begins now."

But lots of questions are still unanswered. Do the North and the South (and by extension, the US) mean the same thing by "denuclearization?" Are the North Koreans serious this time? (They've used the "charm offense" before, making big promises to stave off sanctions, then pulling back.) And what does this mean for President Trump? The news is breaking almost nonstop on this historic story. Click here for the latest updates.

2. Bill Cosby

Bill Cosby's attorney plans to appeal after the once-beloved comedian was found guilty at retrial on three counts of aggravated indecent assault. Cosby faces 10 years in prison on each count, possibly to be served concurrently. After the verdicts were announced, the Pennsylvania courthouse erupted with emotion. Many women who've accused Cosby of sexual misconduct through the years ran into a hallway, hugging each other and crying tears of joy. Cosby had no visible reaction when the verdicts were read, but he later stood up and cursed the prosecutor when he called Cosby a flight risk.

Cosby's under house arrest -- and eventually GPS monitoring -- until his sentencing. His was the first celebrity assault trial since the #MeToo movement gained steamed, and many pointed to the guilty verdicts as further evidence of a true cultural shift. Cosby, once known as "America's dad," is now a true pariah, as several schools yesterday revoked his honorary degrees.

3. White House

Ronny Jackson is out and Mike Pompeo is in -- as another remarkable/chaotic week comes to a close at the White House. Jackson, after days of misconduct allegations, threw in the towel and withdrew his nomination for VA chief. A couple hours later, the Senate confirmed Pompeo as secretary of state; he promptly hopped a plane for NATO meetings in Brussels, then the Middle East. All the while, House members grilled EPA chief Scott Pruitt over claims of extravagant spending, with one calling him "unfit" for public office.

Meanwhile, President Trump hosts another world leader today. German Chancellor Angela Merkel visits the White House, but there won't be a red-carpet rollout for her like the one French President Emmanuel Macron got. No fancy dinners or military fanfare, just a 20-minute Oval Office meeting, lunch and a half-hour news conference. Trump and Merkel don't have the best relationship -- remember that first, awkward non-handshake? -- but her mission is the same as Macron's: to get Trump to re-engage with Europe and the world.

4. US & the Middle East

The US is stepping up surveillance of Iranian missiles inside Syria as fears rise the weapons could be used to strike Israel in the next few days. About half a dozen US officials told CNN they're worried about hostilities breaking out but don't have a concrete sense of when or if the Iranians would hit Israel. The US continues to recognize Israel's right to self-defense and its view that Iranian weapons inside Syria could threaten Israel directly. But they're concerned any Israeli strike could result in a counterstrike by Iranian elements inside Syria.

5. Tom Brokaw

NBC News is dealing with yet another one of its big names being accused of sexual harassment: former "Nightly News" anchor Tom Brokaw. Ex-NBC correspondent Linda Vester said Brokaw twice tried to kiss her, groped her and showed up at her hotel room uninvited back in the '90s. Brokaw, who retired 14 years ago, denied the claims. NBC News is still reeling from former "Today" show anchor Matt Lauer's ouster over "inappropriate sexual behavior." It's not clear what action, if any, NBC News will take on the Brokaw allegations.

THIS JUST IN

And his name is ...

The Duke and Duchess of Cambridge have named their son, Louis Arthur Charles, Kensington Palace just announced. Prince Louis is the couple's third child and fifth in line to throne.

BREAKFAST BROWSE

From here to 'Infinity' ...

Headed out to see the new "Avengers" movie today? CNN's Brian Lowry says the superhero flick -- 10 years in the making -- definitely lives up to the hype.

... and (way) beyond!

Inspired by the on-screen Avengers, a photographer transformed kids who were being bullied into real-life superheroes.

Winter will have to wait

Not only will "Game of Thrones" fans not get new TV episodes this year, but they'll have to wait a while longer for the next book, too.

Best brothers

Prince Harry, in a surprise to exactly no one, picked older brother Prince William to be his best man at his wedding next month.

Front page news

The nation's first lynching memorial is open, and an Alabama newspaper found a stunning way to mark the occasion.

HAPPENING LATER

Court appearance

Joseph James DeAngelo, the man accused of being the Golden State Killer, will be arraigned today. We're learning more about how police closed the net around him, including using genealogy websites.

Presidential snub

The White House Correspondents' Association's annual dinner is tomorrow, and for the second year in a row, President Trump is skipping it. He'll hold a rally with his supporters instead.

TODAY'S QUOTE

"He really struggled with thoughts about Meaning, Life, Happiness. He could not go on any longer. He wanted to find peace."

A statement from the family of Swedish DJ Avicii, who died last week at 28

TOTAL RECALL

Quiz time

The shoes that Michael Jackson used to perform a legendary dance move for the first time on stage are going up for auction. What's the name of the dance move?

A. the funky chicken

B. the moonwalk

C. the electric slide

D. the running man

Play "Total Recall," CNN's weekly news quiz, to see if your answer is right.

TODAY'S NUMBER

$119

The new annual cost of an Amazon Prime subscription. The change goes into effect May 11 and will apply to renewals beginning June 16.

AND FINALLY

Hot diggity dog

Cute animal videos have been controversial lately with our readers -- who knew? -- so let's try some cute kids instead. Here's a bunch of them trying out hot dogs from 10 states. (Click to view.)

Indiana Coronavirus Cases

Data is updated nightly.

Confirmed Cases: 71015

Reported Deaths: 3013
CountyConfirmedDeaths
Marion15322723
Lake7343274
Elkhart471380
Allen3725160
St. Joseph330179
Hamilton2610104
Vanderburgh184213
Hendricks1814106
Cass17669
Johnson1694118
Porter123839
Clark114846
Tippecanoe114611
Madison89565
LaPorte86930
Howard85565
Kosciusko82712
Marshall75822
Bartholomew75447
Floyd74045
Monroe70830
Delaware68052
Dubois65812
Boone65346
Noble64529
Hancock63838
Jackson5625
LaGrange55410
Warrick55330
Vigo54310
Shelby53527
Grant52029
Dearborn47928
Morgan45134
Clinton4043
Henry36919
White35110
Montgomery34621
Wayne34610
Lawrence33727
Decatur32432
Harrison30923
Putnam2778
Miami2642
Daviess25920
Scott25710
Greene24134
Franklin23413
DeKalb2234
Jasper2192
Jennings21512
Gibson2084
Steuben2043
Ripley1947
Perry17912
Fayette1777
Starke1747
Orange16624
Posey1650
Wabash1613
Fulton1592
Carroll1572
Wells1542
Jefferson1532
Whitley1476
Knox1420
Tipton1296
Huntington1213
Washington1211
Spencer1193
Newton11410
Randolph1144
Clay1045
Sullivan911
Adams892
Jay840
Owen831
Pulaski751
Brown711
Rush714
Fountain642
Benton600
Blackford592
Ohio574
Pike520
Parke501
Vermillion480
Crawford440
Switzerland440
Martin420
Union350
Warren201
Unassigned0202

Ohio Coronavirus Cases

Data is updated nightly.

Confirmed Cases: 97471

Reported Deaths: 3618
CountyConfirmedDeaths
Franklin17834521
Cuyahoga13141491
Hamilton9374252
Lucas5155320
Montgomery417487
Summit3433218
Marion291045
Butler282262
Mahoning2477254
Pickaway237842
Stark1766137
Warren171136
Lorain168977
Columbiana161860
Trumbull1481105
Fairfield130931
Delaware126319
Licking120247
Clark111514
Lake107338
Wood99358
Clermont89211
Medina88735
Miami81137
Tuscarawas76214
Portage74361
Allen69942
Greene65611
Belmont59226
Richland58911
Mercer57313
Erie55627
Ashtabula55045
Geauga54844
Wayne51958
Ross4444
Huron3885
Ottawa36825
Sandusky36316
Darke36027
Athens3531
Hancock3533
Madison34910
Holmes3266
Lawrence2420
Auglaize2395
Union2331
Jefferson2192
Muskingum2151
Scioto2111
Putnam19917
Washington19822
Knox1917
Seneca1903
Coshocton1886
Shelby1774
Preble1762
Crawford1715
Morrow1652
Hardin15912
Clinton1586
Champaign1571
Highland1461
Fulton1441
Logan1402
Ashland1373
Wyandot1368
Defiance1334
Williams1303
Brown1232
Perry1163
Guernsey1147
Hocking1149
Henry1132
Carroll1105
Fayette1090
Monroe9118
Pike750
Jackson730
Van Wert701
Paulding640
Gallia621
Adams592
Meigs330
Vinton302
Morgan230
Harrison221
Noble170
Unassigned00
Fort Wayne
Broken Clouds
77° wxIcon
Hi: 80° Lo: 54°
Feels Like: 79°
Angola
Clear
75° wxIcon
Hi: 79° Lo: 55°
Feels Like: 75°
Huntington
Few Clouds
75° wxIcon
Hi: 79° Lo: 54°
Feels Like: 75°
Decatur
Clear
73° wxIcon
Hi: 79° Lo: 53°
Feels Like: 73°
Van Wert
Clear
73° wxIcon
Hi: 79° Lo: 53°
Feels Like: 73°
Sunny, Seasonable Saturday
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