melissa: i am was a francis and here's what is "money" tonight. hypocrisy in the nation's capital? say it ain't so. forcing walmart into paying a living wage but the city isn't even doing the same for its own employees. the chairman of the city council joins us to respond. plus, twitter users there a mentor dropped the all-star game and he goes through with it. stay tuned for the details. and who made money today? investors probably ready to give her the title of queen midas. keep watching. even as it is not, it is always about money. ♪

obamacare front and center tonight, the house is set to vote this hour on whether or not the delay the employer mandate which was just announced earlier this month could also extend to the individual mandate. it is on the line as businesses in the rest of us wait to see if we have to buy insurance next year or face fines. rich edson has the latest from washington. how is it shaping up? rich: the house is said to bill a mac boat onto bills. the president has already agreed to push back one of those mandates, the ministration is it will delay for a year a mandate requiring businesses release the mac with at least 50 employees to offer their workers health insurance. if not they have to pay a fine. republicans if the white house is open to delaying that mandate they should suspend the

individual mandate requiring nearly all americans to have insurance. republicans say it is only fair. speak it is deeply unfair to subject individual to mandate they can either comprehend nor afford good today we are fighting for fairness but we will continue the fight to completely stop the train wreck. spiegel i'm so sick and tired of the time house republicans continued to wait on the anti-obamacare message. repeal, defined, obstruct, you pay the tactic. our country has pressing issues we should be addressing here today like writing student loan rates, but it issues or jobs bill. if the republicans insist on focusing on politicizing this health care fight over and over again. obamacare is here to stay. speedily ministration says they delayed your power ended because the required more time to implement it. white house opposes these bills and even if they passed the house this evening, they are

unlikely to advance the democrat-controlled senate. melissa: do we expect any other changes? >> it is really in the administration's hands. they are implementing it, making this decision unilaterally to push off the employer mandate. this difficult to think you could get any changes to the congress right now. first off open they will take control of the white house in congress by then, but short of that the law as written is so unworkable eventually white house will have to cave and make other changes to it. they deny that. melissa: thanks so much. maybe old saying what is good for the goose? that is where we are starting tonight because it applies. fleetwood is going on in washington, d.c. many municipal employees are making 10 to $11 per hour while the sea pass a law trying to force walmart and other huge retailers to pay their workers a

living wage which they define as $12.50 per hour. the argument is these companies are making a profit of more than a billion dollars or more. guess how much money d.c. takes an in revenue. chairman of the d.c. city council, thank you for coming on. what do you think of this criticism should be $12.50 per hour because you are making more than a billion dollars? >> at all to the setup is quite right here. what the bill requires is a package, the benefits and wage that is at least $12.50 per hour. the government paid health benefits and other benefits to its employees in almost every employee in the district government gets more than $12.50 per hour. plus wages. plus benefits. this bill is limited to large retailers and the interesting thing is that of the large retailers have objected anywhere near the levels that walmart has.

melissa: our understanding was there is a carveout with everybody except walmart. you can be grandfathered in if you are already there, if you employ union employees, it does not apply to you, so we tried to look at who else it would apply to besides walmart, and we cannot really find anyone. it is really targeting walmart. is it just you do not want walmart in the district? spigot applies a large retailer with 75,000 square feet or more of retail space and a billion dollars or more. melissa: if he give us the name of somebody else who would have you pay $12.50 as a result of the bill? >> costo, walmart, whole foods. melissa: but they are unionized or grandfathered in. they would have to as of tomorrow? >> none of those as far as i know none of those are union. there's a provision that says for existing stores they have four years to comply.

melissa: why we do not want to do the same for the city? if you believe that is a living wage, why would you not immediately do the same thing for your own employees? spiegel i would agree, but the government workers are getting accommodation of wage and benefits that exceed $12.50 and therefore there is not an issue with this bill. you are trying to paint the hypocrisy here, and i am not it in terms of the government. this possibly could find an employee less but workers get paid more than $12.50 per hour and the bill says it is coronation of wage and benefits $12.50. melissa: why we did not make a bottom line minimum wage for everyone? whether they are a government worker, retail worker, anybody in the district anywhere, why would you not do that? spiegel anybody who has followed the minimum wage debate knows

they are very controversial. it would affect all employers. a company that had a billion dollars or more has a far more economic powers then mom and pop to bring in $100,000 or more. minimum wage is a far different effect on businesses and business activity, but this debate has been made and the minimum wage which you believe is now about $8.35, a $50 per hour. the minimum wage if it was sustained at what it was in terms of buying power in the economy it was in the 1960s it would be much higher than $8.25. melissa: the impact was walmart said they would take their jobs and go somewhere else. are there people in your district unemployed that would like to be working at walmart for less than $12.50? >> it is interesting how you phrase that.

i don't know what walmart will do. the bill was not targeted at walmart. melissa: are you comfortable with them not providing those jobs? if they go away as a result, you feel like that is a better outcome than having them there under the free market paying a wage everybody else would pay? >> i would like 1800 jobs if that is what it is. on the other hand, what i have said repeatedly is this should not be about jobs, it should be about decent jobs. if people are making the minimum wage they are not bringing home a whole lot. if ou have $12.50 with no benefits before taxes, $26,000 per year. below the poverty level. we're talking about a decent wage, it cannot be conversation of let's get some jobs, we don't care what the wages, that is not a very good way to help folks.

melissa: thank you so much for coming on, a great debate, we appreciate your time. time to check the fuel gauge report. stepping a three-day winning streak. so for getting the northeast coming to an end. forecasters say below normal temperatures are likely on the way for much of the eastern u.s. and that is lowering the outlook for natural gas demand. regulators hitting former traders with a $488 million fine. allegedly manipulating electricity market in the western u.s. between 2006-2008. it strongly disagrees with the charges and will vigorously fight the penalties. bp wants to temporarily stop claim payments. bp says those payouts should be halted until the investigation is complete. up next on "money," looking to the future of education?

ivy league classes online help score $43 million for some of the biggest investors out there. changing the game for universities everywhere. and the cofounder joins us. and a baseball fan and truck sales for game after 200 users he would storm the field after 1000 retweets. monkey see monkey do. my own coming up. stay tuned for details. more "money" coming up. peace of minis important when you're running a successful business.

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♪ melissa: so everybody watching you can thank me later for helping you find a possible solution to the out-of-control student loan debt problem. registering 4 million students worldwide. @aising another $43 million in funding. offering classes from top schools, ivy league schools, it is all for free as a popularity grows will change the future of education and how could it possibly make money? joining me now, one of the

founders. andrew, you have raised a ton more capital. you got another $43 million. people who don't invest out of charity. i am wondering if your courses are free, what is your revenue model? how are you going to make money? >> have a lot of students. we offer free several have signed up, lots of people post their courses online. mi just going online and seeing the lecture? what is that certificate really worth? >> every week there are a couple hours of lectures, every week at a student you can be responsible for doing homework and these are homework that takes hours to complete. committee of tens of thousands. melissa: so who grades that homework? can anybody be doing it or are

you writing essays, give me a feel for the flavor. >> all of the above. we also have essay questions. one professor cannot create hundreds of thousands essays. students grade each other' othes work, that works well. melissa: if you students grading the work, we don't know who is at home taking the course, is an employer going to value the certificate you paid $50 for? >> imagine you are an employer in some way shows up showing thhm taken the standard classes and aced them all, that is a very talented individual. today employers are opening doors to interviews. melissa: they were not physically there. the actual professor from harvard or from wherever did not grade their assignment.

it is not the same thing. >> turns out here grading is accurate. we have the grades and averages that does work. maybe what you're getting at is a deeper question of why would and we still pay hundreds of thousand dollars if you can take free classes online. melissa: because it is not the same thing. >> the real value is not just the content, it is interaction with the professor, that is what people will always go to princeton four. we put the lectures online so they can watch the lecture at home, come into the classroom already having seated and go into discussions. melissa: thank you for coming on. i am sure you are putting together great technology to solve the university to put their courses online.

thank you so much for coming on, we appreciate your time. interesting concept. coming up on "money," rolling stones new cover creates frenzy of outrage making the boston bomber look a lot more like mick jagger that a terrorist. libya financial boom or bust for the magazine? and should jurors be able to profit from their service? from books to interviews, jurors could cash in big time. the top legal mind to weigh in. can you ever have too much "money"? she's always been able to brighten your day. it's just her way. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently.

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every day we're working to and to keep our commitments. and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest energy investor. our commitment has never been stronger. ♪ melissa: o, rolling stone, have you know shame? the cover featuring the face of suspected bomber causing a lot of controversy. the state hit newsstands until friday, but they say they will not seller.

would you buy it if you were a buyer or a subscriber would you cancel? it could be priceless for the magazine. marketing guru is here on how smart and move this is. people who sell magazines are desperate. magazines are a dying breed, we we're all talking about this. >> these kind of stones don't necessarily help increase sales. cvs and a bunch of stores in boston said they will not carry this issue. two interesting points. if anything else it does show that the bombers are people who look just like the kids from the rolling stones. by the 17-year-old who read the mexican. they don't look different than you or i. melissa: you could make a photo look like anything. they treated it like he was bob dylan. >> number two, the content of the story is quite good.

the cover should have been different. the cover could have been the devastation, the first responders, the young child killed or somebody who lost their legs. glamorizing a terrorist hurts people. it brings on the we got famous by doing this and can lead to copycats. >> without question. that's a really has commented, the second line is the cover is outrageous but the reporting is great. new things you not read elsewhere. to me that made people go to the website to see what those things are, they would look at the article to see what it is, it is great reporting, people are offended by the picture, who cares about the picture. >> they help for new subscriptions. you will not get a 24-year-old kid was going up without exams will not suddenly fill out is instruction card and subscribe but they might go on and possibly buy the ipad version or something like that.

is it out and in your face and somewhat disrespectful to boston? what i have a problem that it is. but will it benefit them in the long run? people might take another look at the reporting from rolling stone. keep in mind they are freelancers. wthey are reporting for "people" magazine tomorrow. melissa: in discussing this, even i have seen what is new about it, it was interesting stuff i could not tell you the name of the writer who wrote it. all i know is rolling stone once again has done journalism that you won't find elsewhere with new details and an interesting story and the way they tell it is a heartbreaking tale of a kid in a promising future, whatever turn into a monster. that is a compelling story. they show the photo. i am being the devil's advocate and saying it gives you a second look, in the long run does it raise their visibility, make

people think about the magazine again to those who have forgotten about it. >> it raises the visibility from what we have lived in. every five seconds there is something new. every week there is something new. will this raise concerns? will they get their name out there again? i don't think so. melissa: do they lose subscribers? will it cost them more money? >> keep in mind they have been denied out of several. they are not a subscription-based magazine is much as they once were. in the 80s everybody got there is a description. they're not in several main retailers. that is not money they are making there. as a good chance they will lose money on this. that being said, the article was very good. had it been a first responder, it would not have been as popular.

melissa: peter always good work. dubai this issue of "the rolling stone"? lots of viewers were riled up over this one. every response was you would not buy it, although a lot a few of knowledge the publicity it is generating could be good. we want to hear from more of you. log on and follow me on twitter. all right, now to another form of profiting from crime and the verdict is in. the juror in the george zimmerman trial nixing plans to write about the case. it would not get a first time a jerk had to cash in on the widely watched trial which raises the question should jurors be able to profit from criminal trials? maybe professional jurors are the way to go? welcome to the show. in my mind when you read about

these jurors coming out and potentially writing books, it doesn't happen in this case, just one that was thinking about it and reportedly isn't now, but wthis unit in the case of o.j. simpson and in many cases that to me it makes a jurors think twice about having a controversial verdict so there's more interest and later they can profit from a book where they talk about the discussions that went on or how they got to that controversial verdict. isn't that a problem? >> is it a problem? sure, is a problem, but we need to make another law in curbing somebody's first amendment right? i find it fascinating watching what goes through a jurors mind finding these people not uilty. those type of things are important for the general public to know what goes on in the back room, what is happening in a jury room. i don't think it is a good idea. where does it end?

i think it is a very dangerous area to get into to curb the first amendment right now allow them to write a book. melissa: they can write a book, music not profit from it. maybe limit the amount of money they can make. it seems there is some sort of middle ground because the temptation is just too great. you have these few jurors and one of them could hang up the entire verdict thinking as they're going into it they know they're going to do this because they're going to try and sell the book rights, it seems the financial temptation is so great in a situation like this, you think about any of the trials were you have seen people that you feel like there is a specific outcome the world is anticipating, doesn't happen, you immediately want to know what was going on, the financial temptation is so great.

>> i may be the biggest sucker in the world to have more faith the citizens of the united states. i have seen verdict i think are just and fair, very high-profile cases i don't think any of those things are in their mind i will solid book afterwards things creep into their minds maybe i will make some money and sell a book, but i don't think at the time they are making that judgment they weigh the evidence, they look at the evidence and to have a lot more faith in humanity then just somebody will hang up the system to write a book. melissa: is this a case of having professional jurors? >> anybody who believes professional jurors is a good idea is not a good citizen. in the united states we had a way to do things and they came up with a system we have now. to be judged by jury of your peers. you might as well have a panel of judges. why would you even have professional jurors? you have people following these cases everyday looking into

them, they weigh evidence and go out to the scene, you want him on the jury who may already be bias. the system have now is a great system. professional jurors, no. melissa: people sitting at home watching rights now have all tried to get out of jury duty. we have done our best to not be a part of it not because they're bad citizens but because we have day jobs. it's hard to find some way with the willingness, you look at what these people went through, it is not comfortable. they are taken away from their families. facing all kinds of jeopardy afterwards in a case like this, seems the stakes are really high, and maybe a lot of people who would be good jurors will do anything to get out of it because they don't want to be put in that position. >> i think education is key. when you're paid for jury duty, there is no higher survey than

being on jury duty or in the armed forces. if you're working someplace in new jersey and you get picked on a jury, that is a responsibility that you should take seriously. and i think people do.i have a e united states that people try to get out anyway. melissa: people who work in new jersey are good. i am kidding. there you go. thank you so much for coming on, i hope you come back. next line "money," ikea is known the ready to assemble beds and coaches but refugee shelters? the boldest product yet. we will tell you what could be a game-changer worldwide. plus, there is key or pressure and then there is tweet pressure. would you interrupt the all-star game just forgetting 1000 retweets? stick around. i am getting nervous.

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melissa: here to make money today, anybody who owns yahoo. listen my hair look like has a touch. turn into a cash cow although

she is not responsible for that. china's equivalent of amazon, tripling the net income in the first three months of the year giving investors plenty of reason to celebrate. yahoo stock with more than 10%. nice. not making money lik lakes used, barbie. barbie sales plunged 12% in the second quarter. sales of other girls lines so strong growth however, but weak earnings overall. that is rough. and who is highest-paid actor in hollywood? who do you think? robert downey junior according to a new ranking by forbes. he made $75 million. $75 million between june of 2012 and june of 2013. he certainly earned it. each been more than a billion dollars at the box office.

amazing. when you think of ikea, firstly comes to mind is probably the nearly impossible to assemble furniture. you can imagine our surprise to hear the companies latest initiative, do-it-yourself shelters for refugee families in developing a war-torn country like ethiopia and iraq. they're teaming up with the u.n. and a nonprofit design company in effort to get millions in refugee camps a place to call home. jonathan from the ikea foundation joins me now from london. very obvious questions to kick this off. it is very hard to put ikea stuff together, hate to say it, i know you hear it all the time, how is this going to work? how are people going to put it together? >> that is a key driver in creating this new shelter, something that can be shipped and moved very easily so agencies can care for more

people and care for them quicker. i have witnessed this shelter being put together myself taking 20 half hours to put together with no manual and no tools. melissa: so how do you know what to do. there were some tools, but they are included. you don't need anything? >> right now it is a prototype. they will certainly be instructions for people who need to be able to put it together was never done this before. however, like i said, it is very straightforward, a simple design specifically like ikea products that is easy for the user to put together. it can be shipped around the world very quickly and easier lasting much longer than a tent. melissa: compared to tense being used instead. it is pretty incredible, it has

a lot of advantages for example reedit it to the shelter would last about three years, the average 10 to the last about six months at best and it is solar powered. tell me about that in the other features. >> that is one of the coolest parts we are really excited because we think it will bring a big change the life and families of those living in the tent. right now those living in these tents have no power, something about the stuff you do in your house, almost everything people in the west do everyday require power. there are three and half to 4 million families living in tents. this shelter has unique panels developed for the shelter, the usb port and the power light. melissa: it fits five people comfortably. it has lightweight polymer that

lets the light in, shadow out, reflects heat during the day, can trap it at night. 56 being tested in ethiopia. i understand as of right now it costs $7500 per unit. you're trying to get the cost down, how are you going to do that and who pays for this overtime? are you getting other people to sponsor it? >> sure. part of the reason i am here tonight talking with you is to encourage other businesses and other people to embrace ttis mission as well. however on the price point our goal is to bring it down around 1000, the shelter of 1000 u.s. dollars. for $1000 you can shelter a family three to four years versus the tent, so for the same

time it will cost about $3000 or three times the cost. we think we can get the price point down to where it needs to be. it is essentially because there are 60 being built by hand. once we start manufacturing the goal is to manufacture something we can sell in the tens of hundreds of thousands and that will bring the price point way down. melissa: good luck to you. thank you for coming on, we appreciate it. a saddam in a sexual charges that san diego's mayor. and he is brazenly defining calls to step down. could they sue the city? sticking taxpayers with the tab. at the end of the day is all about taxpayer money.

>> i need help. i have begun to work with professionals to make changes in my behavior and approach. in addition my staff and i will participate in sexual harassment training provided by the city.

melissa: you heard it. admitting he needs help. he is being the seas with allegations of sexual harassment and graphic descriptions of groping, intimate kissing all coming to light. of course, threats of lawsuits against the mayor coming up. a lawyer for the unnamed accusers says his client is planning to sue the city of san diego, so think about that. is the city liable for the behavior? would it be the taxpayer paying out those damages? this was my first thought when i was watching this story unfold was that this was a corporation, and there was this kind of hostile work environment where again and again workers have become pros where they swerve to get away from his grasp, his moves, it is a pattern of

behavior that has gone on and on. if this were a company, they could sue the company for damages. our taxpayers on the hook for his behavior? >> absolutely. they can sue him in his official capacity. at the end of the day they will probably sue him in his official capacity and sue him privately, but the person and the entity is going to be the city because they have the taxpayer money and they can sue him that way. melissa: was there anything along the way people could have done to lessen the liability? if somebody had responded, he is sort of the guy in charge. you would city board of directors should have stepped in and removed him to get rid of the hostile work environment. can anybody have sheltered the taxpayers from this liability?

>> sure. to the point where somebody recognized there was a problem, they should have been something done to make it possible for the employees to air their grievances with the city and address claims like this. everybody wh worked around him d names for the things going on. it sounds systemic. something i city should be worried about as far as having liability. some addition have stepped in the moment they heard or saw a problem. melissa: going further with the analogies if this is a corporation you would have some sort of liability insurance in place where if you got sued for sexual harassment in the workplace there would be an abe lincoln policy in some sort. with a city have something like that? >> most of the times these are self-assured against these sort of things. they handle it themselves and at the end of the day it comes down to the fact the taxpayer foot

the bill for this kind of disaster. melissa: in the long run, what do you think is going to happen for this kind of a case? >> these people o will end up filing suit. mentally the mayor, but the city and the policies and the way they do training to make sure employeeplease don't find themsn a position to be harassed. it will probably end up in court unless they reach a settlement. melissa: thank you for coming on, we appreciate it. >> thank you for having me. melissa: a fan follows through on his twitter bear at the all-star game. did you see this? now i am daring the twitter verse two dare me to do something. i will tell you what it is in "spare change."

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melissa: today we are joined breezier and diana. thank you to both of you the trusted money transferring website.

$92 quadrillion? not mine. i only took $100 worth of transactions. paypal quickly corrected the error. we laugh at this kind of thing. can this be real? financial transactions are so interesting. >> according to the consumer spending index, it is up, but we don't need that much in our town. >> we had a lot of issues that get a lot of really great. >> it is the last thing that men and women need. >> that's really true. we have to think of that. gerri:. melissa: i don't want to judge.

okay, here we are looking at my twitter account here. watch this, this is the all-star game at citi field last night. a fan stormed the field. look at this. if i get 1000 retreats, i will run onto the set in the middle of his show. on my way. i'm terrified to tell you that i am well on my way at this point. [laughter] >> i would retweet it as well. >> i have a question. gerri: have i got myself into

real trouble here? >> inexplicable trouble is the way i look at it. melissa: you think the producers would do that? >> i know the producers of stuart varney and it's going to be just like that. boy, what should i do when i get on the set? melissa: maybe if you guys are retweeting, maybe you can tell me about that. scratch that. anyway, last week speaking of twitter, you don't know what this is come you obviously are out of the loop. behind the times. this time this movie is coming to new york city. did you guys watch "sharknado"?

all of the hysterical remarks were made on twitter. i'm going to fire my agent if he doesn't get me a part in it. in the sequel. kenny, if you don't get me a part in it, i'll be really upset. >> all you have to do is go across the street. that is all the money we have tonight. let's move on to "the willis report." gerri: hello, everybody, i am gerri willis.

tips on the best way to get yourself a bargain. and your users guide to health care. we are going to look at the common mistakes a doctor and hospital bills. we are watching out for you tonight on "the willis report." gerri: in our continuing users guide to health care