welcome to "early start" i'm christine romans. >> i'm miguel marquez. high stakes, a game in north korea is threatening an attack on the u.s. president trump warning of fire and fury. pyongyang warning of a preemptive retaliatory operation of justice. >> in a statement, the north korean military threatens to strike the u.s. territory of guam and specifically mentions andersen air force base, home of two american bombers, prompting the latest north korean rhetoric. >> the north korean threats came hours after they learned that u.s. intelligence has determined that pyongyang has a miniature warhead. this prompted a harsh response from president trump. our coverage continues with ryan brown in washington. >> reporter: the latest development is coming as you

mentioned this intelligence assessment determined that north korea has the ability to miniaturize nuclear weapons and fit them on to a ballistic missile. this hasn't been tested yet. this is just an assessment. it would mark significant development in the country's nuclear weapons program following last month's test of two icbms that could reach the u.s. mainland. this is just one development. we saw that warning from pyongyang directed at guam in response to the flight of the b-1 bombers. pyongyang threatening a retaliatory strike against guam. this came and was followed shortly there after by this stark warning from president donald trump against any additional provocations by north

korea. >> north korea best not make any more threats to the united states. they will be met with fire and furry li fury like the world has never seen. he has been very threatening beyond a normal state. as i said, they will be met with fire a fire, fury, and frankly power, the likes of which this world has never seen before. >> now, those are strong words but not exactly clear what president trump's red lines are. he talked about north korea's threats. again, north korea issuing one against bomb yesterday in response to the b-1 fly-over. not clear what the next steps are. all coming after a successful u.s. efforts to get sanctions implemented against north korea for its nuclear program. now, this new rhetoric. quite unclear where things will go next. >> that really is the big

question, that he would threaten to use military force against north korea for their threats, not for them doing something, is certainly new. that's something the defense department will be digesting today. >> this is hardly the first time north korea has made harsh threats against the u.s. some of them sounding just as deadly and dangerous. why is this threat being taken more seriously? alexander field joins us live from seoul just after 6:00 p.m. good morning. bring us up to speed. >> look, christine, if somebody misspeaks, if somebody missteps or makes a mistake, it could cost seoul and south korea dearly. we are in the middle of a major city and 35 miles away from the dmz where north korea has a range of weapons they could use.

officials in seoul want to see the temperature come down when it comes to this escalation in a war of word, a clash between washington, d.c. and pyongyang. they are used to hearing belacose language from north korea. south korea is looking at what they can do to up their defense given the current climate. take this into consideration. north korea proved they could launch two intercontinental ballistic missiles. now they are suggesting they have a nuclear warhead they can miniaturize and fit on an icbm. certainly, there is a strong, clear, present threat that is there. officials in south korea are condemning pyongyang for the latest statements. this part is a little more unusual. no one in the world is used to hearing the u.s. commander-in-chief using the

rhetoric that is usually reserved for north korea. officials haven't commented on that. south korea is an ally with the united states. they have a decades old relationship. the same thing for japan and the united states. these are two countries that face a grave security threat. they need to know they can rely on the united states for the security and defense they so badly need. no one here seems concerned that the united states would abandon these long-standing allies. when the temperature gets this high, the big question is whether or not something can get misinterpreted sparking some kind of conflict. >> there is no margin for error here. you have the secretary of state pursuing peaceful pressure to get this temperature down, very different word from the president yesterday. alexandra, thank you for that. we want to bring in cnn

military analyst cedrick leighton joining us from the lovely town of san antonio, texas. >> good morning. >> thank you very much for being with us. >> this has been an odd week for north korea. you get a 15-0 vote at the u.n. with both china and russia agreeing with the rest of the world that this has to be stopped. the president takes the rhetoric to this level threatening the north koreans that if they continue to threaten the u.s., the u.s. will act. does this undo, undermine, stop any sort of diplomatic abilities that the u.s. and its allies have in the region? >> well, miguel, it certainly limits them. that's a huge problem. you want as much room for maneuver as you possibly can get when you engage in diplomatic activities, specially with a regime like the north korean regime. the type of rhetoric that would

have been best employed at a time when the north koreans had actually done something or were threatening to do something. the fact that it happened on the basis of a press report of an intelligence document of an intelligence assessment makes this a very unique challenge for the state department and for secretary tillerson. now, they have to work threw this kind of rhetoric before they can begin to get the north koreans to start to talk or to start to at least minimize some of the actions they have been taking up to this point. >> on the president's fire and fury comment getting an awful lot of attention, the likes of which the world has never seen. he was speaking at a press availability at bedminster in new jersey about the opioid conflict. he used that like the world has never seen before when talking about something else a few minutes earlier. so it may be a turn of phrase from the president.

it made it sound so much stronger. it may be a turn of phrase. this president uses words in nontraditional ways in terms of the presidency. that fire and fury warning, does it derail what secretary tillerson has been doing in the region, his peaceful pressure to get the north koreans to the negotiating table? >> well, i hope it won't. it certainly has the potential for doing so, christine. that, i think, is the huge issue here, because the kind of efforts that the secretary of state has been engaging in are very difficult to work. madeline albright famously went to pyongyang after many efforts during the clinton administration. that took a lot of doing to get there. it was one of those things where you work very hard to get to certain areas. all of that work can disappear usually because of what the adversary has been doing. in this particular case, the timing of the remarks do

threaten to derail some of the efforts that the secretary of state has been working. i think there is a way back from this. it also provides for a few more challenges than had been anticipated by the folks at the state department. >> "the washington post" editorial board wrote this about the president's remarks. north korea's steadily advancing nuclear weapons and missile programs are serious. dealing with that will require patient, pressure and skilled diplomacy, perhaps for years. indeed, mr. trump has strut into the arena with a jarring rhetorical grenade. obviously, the president and the administration has to be careful in what it says and how it goes about this but how does it play out in the real world? i think the concern is that this goes to a nuclear confrontation immediately. it sounds like there would have

to be other things that the north koreans would have to do before we get into a shooting match with the north koreans. >> most definitely. one of the key things we have to see is either a direct action on the part of the north koreans or the intent, the clear intent to act in a specific way and to target a certain area, such as seoul, such as tokyo, such as the west coast of the united states. if any of those happened, then it would clearly be game on. the other area we have been talking about is guam. if there were to be an attack as the north koreans have threatened against guam, that would have a significant consequence and the united states would absolutely be forced to respond to something like that. >> yesterday, james clapper, the former director of national intelligence was speaking to anderson last night about this rhetoric, about the temperature rising in this situation. this is the warning he had.

>> i would also appeal to those in the media to tone down the rhetoric as well. the rhetoric itself now is becoming quite incendiary. i don't think it is very productive to engage in this dueling banjo rhetoric back and forth, which is quite provocative. the val cheng fchallenge is have the president of the united states, whose words matter, what he says matters. you have a conflict that is very dangerous. we are reporting this. what do you make about what james clapper said? >> general clapper has a lot of experience in the region. i actually know him personally. the big issue he brought out here is a very critical one. general clapper has been to pyongyang. he helped to get the release of one of the americans that the north koreans had held prisoner for a while. he has been very instrumental in

formulating not only intelligence policy but overall policy toward north korea. it has been a challenge that has really plagued us since the early 1950s. the issue that general clapper raised is one that really gets to the heart of the matter. we have to be very careful with how we discuss these kind of things. the fact of the matter is, we are talking about something that is a report of a capability. it is not the use of the capability and it is not something that results from that use of the capability. so we are at risk of engaging in overheated rhetoric at a time when they haven't specifically done the kinds of things or met the kind of thresholds that we would require another nation to meet before we went to attack them. >> cedrick leighton, thank you very much, colonel. >> both sides of the aisle are

not pleased with the president's threat to kim jong-un. >> this is so irresponsible, i can't even believe that he did this. >> more on how all of this is being received on capitol hill next. t plan? start here. or here. even here. and definitely here. at fidelity, we're available 24/7 to make retirement planning simpler. we let you know where you stand, so when it comes to your retirement plan, you'll always be absolutely...clear. ♪ time to think of your future it's your retirement. know where you stand. ♪ time to think of your future half a bottle of hydrating serum in oskeptical?ask? new sheet masks from garnier skinactive in one mask, more than half a bottle of hydrating serum skin is re-hydrated, radiant in just 15 minutes moisture bomb sheet masks from garnier skinactive

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oh! ok. geico. because saving 15% or more on car insurance is always a great answer. whoa! gross! i take exception to the president's comments, because you have to be sure you can do what you say you are going to do. i think the ruler in pyongyang, he is not crazy but certainly ready to go to the brink. the great leaders i have seen, they don't threaten unless they are ready to act. i'm not sure that president trump is ready to act. >> democrats and republicans slamming president trump for escalating the crisis with north korea. many lawmakers raising concerns

about the president drawing a line in the sand and not being able to back it up. joining us to discuss that, zach wolf, a digital director for cnn politics. they will be met with fire and fury like the world has never seen "the daily news" no big fan of this president, talking about armageddon. presidential language matters but was this hyperbole or a diplomatic stroke by this president. what's the view in washington? >> i think it is a little too early to say whether it was a diplomatic stroke. i am not sure there is anybody i have heard talking on tv or reading about it who knows exactly what the diplomacy of this is, who follows what he is doing if it is a diplomatic stroke. it seems a little bit more like he is kind of talking before he potentially should have, before north korea has a nuclear weapon, before you are to the

brink of this nuclear situation. he is really ramping up the rhetoric. john mccain is no shrinking violet when it comes to the use of u.s. military power. he is not somebody who would say, don't use it unless you absolutely need to. if he is saying, whoa, put on the brakes, that's something you need to listen to. >> the latest polling shows that americans see north korea as almost as big a threat as isis. 62 mi 62% saying they see north korea as a threat and 64% of isis. those approving of his handling 37%. you have covered this white house. you have maybe a sense of things. i take it this is not going to be received well among both

democrats and republicans for him to come out this strongly. is there a sense that this is just more of the same from the president, an ill-timed and ill-thought out remark in the moment. and it will blow over and people will move on. >> it was so different and so striking that i think it could change the way people perceive this threat. those numbers you just mentioned, those were all conducted before trump ratcheted this up with the very striking language he used yesterday. could that change this in the public's mind? i think it is possible it could. >> what is the next move then here? the next move, i guess, you have got the north koreans threatening guam, the u.s. just recently sent a b-1 oef tver th peninsula. we have had war games with the south koreans. who has got the next move here? >> i think we are in in

situation where president trump has essentially drawn this line and moments later, not very long later, north korea is issuing a threat contradicting what he said not to do. i think we will have to see how he reacts and what his body language and voice and the next opportunity we have for him to say something is going to be very important. the next time we can see him say something publicly, i think, will be very important as the next step of this. >> and from the secretary of state. rex tillerson is in the region and he has been pursuing this peaceful pressure on the north koreans. one wonders if he was looped into this kind of change in rhetoric from the president. >> what president trump did was essentially go against what tillerson has been trying to do, which is kind of to quietly work things over in the region. so trump certainly, if tillerson is the good cop. trump is the bad cop in this

scenario. >> where russian sanctions are concerned, we saw congress act where they put a box on it. is there a possibility they will try to do something similar? this is one intelligence agency making a call based on an assessment. it is not the stuff that wars are typically fought over. >> i think it is a little bit too early for congress to be acting based on one thing the president said. they have all left town essentially for the summer. this is kind of the time when these things sort of fester. i am not sure if there is anything they can do right now. there are so many sanctions already on north korea including one enacted by the security council. i'm not sure what the step for congress would be. if you have people like john mccain, dianne feinstein, people on both sides of the aisle

suggesting he should dooial it back, that's something his advisers will make him listen to. >> we will talk in a few more minutes. president trump fiery warning to north korea, unsettling global markets. global stocks and u.s. futures falling overnight. markets in south korea and japan fell by about 1%. the dollar lost almost all of its earlier gains. investors are piling into so-called safe havens like gold and bonds. trump's promise of fire and fury like the world has never seen has had an effect. stocks have largely ignored geopolitical tensions. all three major u.s. indices, they are up double digit percentages this year. still, millions of americans haven't felt the roaring rally.

stop records are a measure of company's well-being, not worker well-being. 54% of the country is invested in stocks. you have a whole lot of folks who do not have a 401(k) or who are not feeling those records. they are paid through their paycheck. >> the paychecks need to go up. >> to the victors go the spoils and to the super bowl patriots, they are going to where no team has gone before. andy scholes will tell us in the bleacher report coming up next. "how to win at business." step one: point decisively with the arm of your glasses. abracadabra. the stage is yours. step two: choose la quinta. the only hotel where you can redeem loyalty points for a free night-instantly and win at business.

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go before the nfl season gets going. many think that colin kaepernick is being black balled by the nfl team for not standing for the national anthem last season. many civil rights groups are organizing a protest outside of nfl headquarters two weeks from today. spike lee promoted the rally on his twitter with a flyer that has kaepernick misspelled. lee says he is not organizing the protest but fully supports kaepernick and his fight for social justice. espn radio was told that he doesn't believe kaepernick is being black balled and thinks he will be on a team this season. >> what do you do when you are the premier franchise in the nfl these days? you buy your own boeing 767. the new england patriots are the first nfl team to buy their own flame. they bought two, because they needed a backup. the team retrofitted them with all first class seats, some of which recline completely. must be nice to travel as a

patriot. these planes can cost upwards of $200 million each. >> finally, braves rookie shortstop, johan camargo was jogging on the field. he reaches down to grab some dirt on the first baseline. his knee locks up awkwardly. he goes down. he ended up having to be helped off the field. he suffered a bone bruise in his right knee and expected to miss a couple of games. we have heard of athletes having weird, freak accidents off of the field. unfortunately for him his happened right there. >> that would be my major league sports experience. >> that would happen to you, mig get. >> that's terrible, poor guy, really embarrassing. >> that patriot plane is sweet. those two planes are sweet. >> kaepernick, if anybody hired him, they would sell more

jerseys in a night than anything else. why not hire him? >> i don't know, miguel. is he being black balled or is it just finding the right fit? >> i put andy scholes on the spot. they will be met with fire and fury like the world has never seen. >> this is perhaps one of the most stunning public threats to an american adversary in decades. what's president trump's next move? we have full coverage from washington and seoul. welcome back to "early start." i'm miguel marquez. >> i'm christine romans. north korea threatens an attack on the u.s. territory. president trump warning of fire and furry. pyongyang with a major

escalation warning of a preemptive retaliatory operation of justice. >> in a statement, the north korean military threatens to strike the u.s. territory of guam and specifically mentions andersen air force base on guam home to two american b-1 bombers that flew over the korean peninsula this week prompting the latest north korean rhetoric. >> the threats came hours after we learned that u.s. intelligence analysts have concluded pyongyang has produced a miniaturized nuclear warhead. that prompted a harsh response from president trump. our coverage begins with ryan brown. he is in washington for us. good morning. >> a lot of developments coming with regard to the situation with north korea. first off, was this intelligence assessment that cnn has learned of by the defense intelligence agency that assesses that north korea now has the capability to

miniaturize a nuclear weapon that could fit into a ballistic missile. this coming one month after north korea successfully tested two icbms that are capable of reaching the u.s. mainland. officials caution that there are still other aspects of this that would need to be developed by north korea before they could actually have a workable weapon, a reentry of the warhead, from re-entering into the earth's atmosphere, targeting things of that nature. tu it is a concerning development. north korea responding with ratcheted rhetoric to the latest b-1 flight threatening guam. there are missile defense systems there and the u.s. military official has long planned that north korea has the ability to mount nuclear weapons on missiles. they have worked that into their planning assumptions. the military not particularly concerned about that. president trump issuing a very stark warning in the face of all

these developments. >> north korea best not make any more threats to the united states. they will be met with fire and fury like the world has never seen. he has been very threatening beyond a normal state. as i said, they will be met with fire, fury, and frankly power, the likes of which this world has never seen before. >> again, very harsh word there. very strong language being used, not exactly clear what are president trump's red lines when it comes to north korea. he talked about threats and threatening posture. we saw pyongyang issue that threat against guam. not clear what type of things they are looking for and where they are drawing their red lines with regards to a potential response.

this all coming after president trump had a success of the united nations imposing sanctions. we will have to wait and see where this goes from here. >> a lot of people noting part of the phrase like the world has never seen, he had said that about a completely different subject a few minutes before that in that same briefing after he had a briefing about the opioid epidemic in the united states, like the world has never seen. but fire and fury, and power are getting a lot of attention this morning. ryan brown, in washington, thanks, ryan. >> this is hardly the first time north korea has made harsh threats against the u.s. some of them sound just as deadly and dangerous. why is this being taken more seriously? we have alexandra field live in seoul, south korea. good morning to you. what is the sense of it there? they have heard this many, many times from the north.

>> reporter: and yet still when you talk about threats that are this blunt, you have some jaws dropping. that might be more because of the threats that are being issued in this case by president trump. these two leaders do seem to be speaking the same language to some extent. days ago, you had kim jong-un threatening that the u.s. mainland would be reduced to an in in indescribable sea of fire. that hasn't been enough to silence north korea. threaten is what north korea does. they issued this barrage of threats even after president trump laid down the ultimatum, targeting guam, the possibility of a military attack using long and medium-range missiles. who is stuck in the middle? south korea. if there is a misstep or mistake, they stand to lose the most. there are some 20 million people

in the seoul metropolitan area. we are just 35 miles away from the dmz, the border between north korea and south korea. there is a full range artillery on the north korean side. they could do a great amount of damage to this city and its people. >> almost 30,000 u.s. troops in that area. alexandra field in seoul. >> we have no margin for error here. let's bring in air force kernel cedrick leighton live skyped from san antonio. >> your reaction to the raised temperature here. has the president drawn a red line here? is there a risk that the u.s. isn't prepared to meet that red line? >> i think, christine, that there is a very big risk, that we have drawn a red line without necessarily intending to draw

the red line or having the strategy to deal with that. whenever you do something like this, it becomes very important to have a way in which you cannot only send the message but also have the force to back up that message. i think that was lacking in the president's remarks and in the preparation that's been going on to potentially counter a north korean threat. >> this is a good example of how that sort of rhetoric the president used yesterday can be taken out of context and military matters can get out of control very quickly. the b-1 bombers that the u.s. sent over, they had been sent there earlier in the week. when the u.s. was trying to deal with the insurgency in baghdad, they were sending a b-1 around then. it sends a very, very strong signal to any country to see

those terrifying bombers flying low over an area. at the same time, the north koreans make their comment about the bombers. president trump is making his comments. everything seems to telescope together in one thing. are we at a situation where from the president on down the rhetoric has to be smarter, better thought out? what has to happen from this point on? we are where we are. what has to happen now? >> well, miguel, i think you raised some very excellent points. any time you send a b-1 bomber or any weapons system that is as impressive as a b-1 to an area. people are going to notice that. the b-1s are part of a deployment scenario and deployment schedule that the air force has published for quite some time. that really doesn't matter to pyongyang. that is something that is part of what the u.s. is doing. it is part of the threat that the u.s. poses to them in their view. that's the kind of thing that

can easily result in miscalculations. the biggest danger is that we stumble into a conflict because of miscalculation. history is full of examples when great powers have gotten into big messes because of miscalculation. we really want to avoid that kind of a situation on the korean peninsula, because the results would be devastating, not only for the people involved but really for the entire world from an economic as well as human rights standpoint. it becomes a very clear need that we are very careful with the rhetoric and that we have a strategy to make sure that we have the right kind of moves in place, use the right kind of rhetoric at the right time in order to really affect the changes that we want on the korean peninsula. that would mean a denuclearized or nuclear minimized north korean state. >> you are talking about careful rhetoric. the president who is known to

speak off the cuff, to say what he thinks and then to go back and say the opposite. we look at the word from this president. he said like we have never seen before, fire and fury and power like the world has never seen. part of that is a turn of phrase that this president likes to use. i want to listen to a little bit of that. >> grassroots movement, the likes of which the world has never seen before. >> we are all part of this very historic movement, the likes of which actually the world has never seen before. >> unemployment is the lowest it has been in 17 years. business enthusiasm is about as high as they have ever seen. we are being very, very strong on our southern border. i would say the likes of which this country certainly has never seen. >> the president likes to use that part of the phrase in particular. put all together, how important are the word that the president

is tweeting and saying in regards to the north korea situation? >> they are critically important, christine. the big issue here is that anything the president says or writes becomes part of the dialogue and part of the diplomatic dance that goes on between the united states and north korea. although we don't want to recognize the regime in pyong gang, they a yang, they are, in fact, the rulers of that country. the rhetoric becomes a very critical component of this. it really becomes necessary for a strategy to be developed around the rhetoric so that not only does the rhetoric fit the strategy but the strategy fits the rhetoric if we want to go in a certain direction. that's the kind of thing that policymakers have to work with the president on in order to get a situation in the north korean state that would be more

acceptable to us. i don't think it will ever be completely acceptable to the united states. at least we would be a bit safer if we pursued a coherent policy in that area. >> colonel, i would say you did a yeomans duty by being up so early but that would be a naval term. >> i will accept that. lawmakers on both sides of the aisle are not pleased with the president's threat to kim jong-un. >> in is so irresponsible, i can't even believe that he did this. >> more of how all this is being received on capitol hill coming right up. knock out your sinus symptoms with vicks sinex. the ultra-fine mist starts working instantly to deliver up to 12 hours of ahhhhh get fast relief with vicks sinex.

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i take exception to the president's comments, because you have to be sure you can do what you say you are going to do. i think the rotund ruler in pyongyang, he is not crazy. he is certainly ready to go to the brink. the great leaders i have seen don't threaten unless they are ready to act. i'm not sure that president trump is ready to act. >> democrats and republicans slamming president trump for escalating the crisis in north korea. many raising concerns about the president drawing a line in the sand and not being able to back it up. joining me to discuss that and the rest of the day's political news, zach wolf, digital director for cnn politics. just know ho-hum august in washington. i take it this controversy comes at a bad time. congress is on break. what is your sense of how they will react and will they have to

come back early? will there be some sort of effort by congress to bring the rhetoric and the situation down? >> i think it is a little early to think about what congress could do at this particular moment. the most important thing is to see what president trump does next after he made those very stark warnings yesterday. that was followed by a north korean response. i think we need to see what he and his administration does right now. congress is really more of an advisory role here right now. i think you see a very important piece of advice there from john mccain, who is no shrinking violet when it comes to the use of american military power. he is sort of saying dial it down a little bit. i think that's something that people should probably pay attention to. >> also saying to dial it down, james clapper, the former director of national intelligence. here is what he told anderson cooper last night. >> i would also appeal to those

in the media to tone down the rhetoric as well. the rhetoric, itself, is becoming quite incendiary. i don't think it is productive to engage in this dueling banjo rhetoric back and forth which is quite provocative. >> there is really no margin for error here with the situation in north korea. you have got secretary of state rex tillerson is in the region right now pushing peaceful pressure to try to ratchet this down. you have what some would call hyperbole which plays in the belacose belligerence of the north koreans. >> we have somebody who is not really a diplomat or a politician in this very high-profile position. this is not the republican

primary anymore or the general election or talking about health care with members of congress. this is dealing with a despot from a foreign land. language matters in a way it hasn't before. >> it will be interesting to see how this plays out and how congress reacts to all of it. zach wolf for us in d.c. nothing to see here, folks. move on. >> the u.s. boasting the highest number of job openings on record. where are the wage hikes to match? i haven't seen them yet. have you? cnn money next. and a crust made from scratch. because she knows that when it's cold outside, it's good food and good company that keep you warm inside. marie callender's. it's time to savor.

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for years, centurylink has been promising fast internet to small businesses. but for many businesses, it's out of reach. why promise something you can't deliver? comcast business is different. ♪ ♪ we deliver super-fast internet with speeds of 250 megabits per second across our entire network, to more companies, in more locations, than centurylink. we do business where you do business. ♪ ♪

breaking news from paris where counter terrorism prosecutors have opened an investigation into a car-ramming attack on a group of soldiers. they were on an anti-terrorism mission supporting police. the suspect accused of fatally shooting a police officer during a traffic stop is behind bars. 39-year-old ian mccarthy was captured without incident after a driver spotted him walking on a highway. he is being treated for a bullet wound suffered in the shootout. he is facing first-degree murder charge in the death of officer gary michael. >> let's get a check on cnn money stream. president trump's fiery warning to north korea is unsettling

global markets. global stocks and u.s. futures fall. investors fleeing into gold and bond. trump's promise of fire and fury and power to north korea trigger a selloff on wall street. after nine straight days, the nasdaq and s&p 500 closing lower. >> boasting the highest number of job openings at 8%. 6.2 million open jobs. that's according to a labor department report. this high number, i think illustrates the strength and weakness in the current jobs market. it shows that employers have plenty of jobs. they are willing to hire but these businesses claim they struggle to find the qualified workers to fill them. some economists are starting to question the skills gap.

they say employers should offer higher wages to attract talent. disney is pulling it content to launch its own streaming service. disney's cable networks make up the majority of its revenue. disney plans to start its own online streaming services. one espn branded channel for sports content and another in 2019 for all other disney movies and programs. they will pull all of their movies from netflix except for the marvel disney series that disney owns. that will continue to live on netflix. both stocks fell yesterday on that call. netflix and disney shares both down. >> the times are changing. >> thanks for joining us. i'm christine romans. >> i'm miguel marquez. the threats between the u.s. and north korea reaching a concerning new

north korea threatening the u.s. territory of guam in response to two american bombers flying over the korean peninsula. >> it represents the greatest crisis since the cuban missile cris crisis. >> u.s. intelligence officials have assessed that north korea has produced a miniaturized nuclear warhead. >> they will be met with fire and fury like the world has never seen. >> what he was basically doing is threatening a nuclear war against north korea. >> it's important for our president not to be unpredictab unpredictable. >> by using this kind of language we're playing into kim jong-un's hands. >> this is "new day" with chris cuomo and alisyn camerota. >> this is "new day," wednesday, august 9, 6:00. chris has the day off.

bill we're with us. >> seismic day. >> north korea is threatening to attack the u.s. territory of guam, home to andersen air force base in response to u.s. bombers flying over the korean peninsula on monday. this after president trump's extraordinary warning to pyongyang that any threat to the u.s. would be met with, quote, fire and fury. >> as a result lawmakers on both sides of the aisle, expressing alarm and slamming the president's comments and calling on him to be more measures. all this comes after a new intelligence assessment that north korea has produced a miniaturized nuclear warhead that can fit inside its missiles. escalating threats, of course, the drum beat of possible war, possibility of an arms race is on the minds of so many in the region. we the global resources of cnn covering every angle. we begin with will ripley, no stranger to north korea, he