♪ imus in the morning ♪ >> we have breaking news on the union so the at the vw plant in tennessee. senator bob corn gets in the middle of it it. welcome to our viewers who are snowed in, can't get out of the house, welcome. this weather is a really historic event. it's becoming marathon. it's dragging on. businesses are at a standstill for days. a half million out of power and that number is rising, look out of you can see how bad this is and the dow will open about 100 points lower. to the tennessee union vote, it's a big fight of national importance and republican senator corker says he's had

assurances say if the union rejects them, they will reward them. not fair. the survey say that comcast and time warner are dead last in customer satisfaction, netflix anyone? we've got a big show, stay settled, "varney & company" is about to begin.

>> here it is. the snow arrived and it's moved in. much of the east coast under that white blanket. the ice forming taking down the trees and the power lines, it is a mess. look at this video. people on their hands and knees clearing ice off the road with hand scrapers so an ambulance can get through. believe it, it happened. driving is a nightmare, jackknifed tractor-trailer scenes like this everywhere. and reporting hundreds of crashes, too many to count and

more than a half million people without power. 350,000 in georgia, 240,000 south carolina. 100,000 in north carolina, that number is growing rapidly. this is what it looks like rights outside our studios now. that's a blizzard. and this thing is going to runway into tomorrow morning. all right? now look at this, the market will open sharply lower and we've got two items of bad economic news. retail sales down in january, blame the weather. increased number of people signing up for unemployment benefits. do you think the weather is partly to blame there as well, as well as obamacare, much more on stocks and the economy coming up. time is money, something a little different now, it's all about derek jeter the yankees captain announcing it will be his last year playing baseball. the base salary over his near 20-year career $250,000 that's a quarter billion. off the field, jeter makes $9 million a year in endorsements from companies like nike, ford, gatorade.

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♪ well, i'm hot blooded ♪ >> i love it it, love it, hot blooded. gee, i hope you're warm, comfortable, i hope the juice is on where you live right now because this is a rough winter morning, people snowed in, iced in, texas all the way to new england. it's a massive story, it's a big storment we're on it, everybody, we're on it. let's go immediately to chicago and bring in larry levin because i see the dow likely to open 100 points lower. does this have anything to do with the weather? >> well, it might have to do-- it's funny, stuart, i went around and wanted to find out the popular important, why do you think we're down, the best answer i get is janet yellen is snowed in and can't talk about the lack of tapering. i don't know if that's reality,

but with that we're off big obviously over the last few days, i think this drop in the market will be short-livered and once janet yellen can start talking again it will go back up. we've seen it before and we'll see it again. stuart: optimism from a pretty cold chicago. all right. you can hear the bell ringing and when the trading starts we're expecting a 90, 80 point loss when everything is up and running the opening trend is sharply lower. we have time warner cable and comcast, by the way they rank last and next to last in customer satisfaction among all tv service providers. now they're getting it together. it's a stock deal, okay? here is a look at the stock prices right now, where are we? no change in time warner and i think that will move, when that thing opens up, it's going to be, i think it's going to be up. let's see, let's see when everything is off and running there. liz macdonald is with me. they're got combined, they're got 30 million subscribers, or something like that. >> that's right. >> a giant cable company.

do you think people are going to be happy with this? >> you know, you can see it reflected right now usually on an acquisition and acquire the acquisition basically it's seen as a positive. the share price is up marginally on average, giving the m and a deals in 2005. what happens here, essentially will netflix eat their lunch? basically because they rank last and second to last and the two of them on customer satisfaction behind verizon, behind dish, behind directv. that's the name. game. when you drop your signal, people get angry and when you do not answer their phone calls in time or there are delays in customer service, wow, people get really angry and start considering alternatives to get their streaming video and their television content on their screens at home. stuart: here comes directv and netflix. >> right. stuart: i've got a big name and now, disappointing from

cabellas, i know the stores very well. where did cabelas open? >> the stock is on the down side over 10%, down almost 12% as 61.53. the same-store sales numbers were weak and it particularly weak for firearms and ammunition which did so well the year before. so for the quarter, not good news for cabelas. stuart: that's interesting. they're down what, 11% and that's in a down market. the dow has opened lower by the way. >> the winner the last year, it's up 37%. stuart: move on to whole foods. i know it's down. you want to tell me why? >> well, their numbers are mixed and they have to cut the full-year views and not good. they're getting down grades and the stock is down 8 1/2%. >> i want to jump in for a second and now time warner stock is off and running and it's up 7%. >> that's what happens. stuart: they're being acquired by comcast and their stock goes up and comcast a down a little. all right, take a look at this

one. according to the latest fox news poll, 58% say for the economy, the worst is yet to come. that's the highest number since april of 2009. that was only six months after the financial crisis, what's going on, liz? >> what's going on, also, the president is getting an average grade according to the fox news poll. c-minus. 24% of the poll responded and gave him an f and some an it d. people not liking the president's performance on the economy. his approval rating is sticking fast at 42 it%. three quarters of the poll respondents do not like the change of executive orders. >> on the economy they think it's getting worse and we haven't hit the low yet. that's what 58% of people think. >> that's right, and that's worst again performance you notice since april of 2009. >> let's bring in lenore hawkins

stuart: okay. you're an economy aist and tell why it's happening? >> everyone is talking income inequalities and you've got about two-thirds of american people are dissatisfied with their level of income and income inequality. both the republicans and democrats are using this to attack each other and they're not talking about the real problem. the problem is government is too big. when government is this big it's in too much of the economy, too many one size fits all solutions

and too many barriers out this that make it harder and harder for people to change their circumstances. stuart: are you taking sides here, len nr?orlenore? are you saying that president obama's policies are at fault here? because i think that the middle class purchasing power, i think that's been shrinking since before president obama came to power if i'm not mistaken. >> oh, absolutely. both the democrats and the republicans have a lot to answer for. the government grew just as much under bush. i mean, obama is really kind of bush part 2 when it comes to the economy. stuart: okay, lenore, thanks very much for joining us. i've got to ove on real fast right now because i've got republican senator bob corker, he's on the phone for us. by the way, now, they're talking now about this union vote at the ch chattanooga vw plant in his hometown in tennessee. senator corker you jumped in the middle of this and had a press

conference that you've had assertions, if volkswagen, the workers reject the union, then the plant in chattanooga will get to build the mid-sized suv. you really put the cat amongst the pidgeons there, senator. >> yeah, well, it's a fact and you know, i just believe that the employees here who are making this monumental decision need to be aware of that. i know you know the state has concerns about any kind of incentives in the event the company-- and i'm not part of that, that's a senate government, as you know. but they have concerned about the uaw. we've had experiences in our town and our state where we had the spring hill plant built by gm that's never really been successful, it starts, it stops. it starts, it stops. it hasn't had the kind of success that you would want if you're going to make an investment of state dollars.

on the other hand, nissan right down the road just a couple of counties over has been incredibly successful. the chattanooga plant, i helped recruit as mayor, built the infrastructure and first person to call them, we did much of the deal around my dining room table in chattanooga and with volkswagen. so i'm personally invested in in. our community is hugely invested in this and we know that if the uaw is able it strike money from chattanooga employees to support their detroit operation, what that's going to do is dampen our abilities to attract other businesses. that's what this is all about, it's just our community and its future. stuart: senator, the national labor relations board, which is running this election says what you said is was unfair, that it's not fair, it's not right for volkswagen to offer a reward for rejecting the union. what's your response to that?

>> well, i have to be candid at this point, i don't really-- it doesn't matter to me what the nlrb says. look, what's unfair is that there's an election that's taking place in eight days, a quickie election, and that the only entity that is allowed inside the plant to talk to employees is the uaw, okay? that's what's unfair. what's unfair is that these employees are being buffeted from this outside entity from detroit which has stated publicly that the reason they're doing this is they've had such a decline in membership they cannot survive any longer unless they come into plants like volkswagen and others and are able to extract dues. stuart: okay. >> i think what's unfair is the other, but anyway, look, i'm going to do whatever i can to help our community move ahead. stuart: got it. senator. >> yes. stuart: thank you very much indeed for joining us this morning and please don't be a

stranger to "varney & company." i'll be back, thank you. stuart: speaking of union made, big compact car recall at general motors, there's an ignition issue. nicole, the stock, please? >> here is the stock down 1 1/2% for years 2005-2007. chevy cobalt and pontiac g-5. you know what the ignition issue is, the key unintentionally moves or even moves to the off position and then the air bags may not work if you get into an accident. stuart: we've got it, thanks, nicole. one more time, check time warner cable, it hadn't opened properly in the very early going. it has now, it's up $10 that's 7%. comcast has an all-stock bid, 45 million dollars. >> 45. stuart: to take over time warner cable, okay, got it. check the big board, as expected the dow opened sharply lower and we're off over 90 points and now we're down 87 and that puts the

dow back at 15-8. linkedin we're calling it the adult version of facebook. our protection staff says all of those linkedin message they get very annoying. they're coming in from strangers they don't know. after the break, a vice-president at linkedin answers the charge. and "varney & company" is moving we're expanding, two full hours of varney, can you stand it? i promise you, our time may be changing, but the content will n not. ♪ ♪ [ male announcer ] you're watching one of the biggest financial servicespanies in the country at work. hey. thanks for coming over. hey. [ male annouer ] how did it come to be? yours? ah. not anymore.

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we're at 1295.80. and we've got a couple of disappointing sales and higher profit at goodyear tired not bad. and profits rise 5% at pepsi and the company says it's going to return about $2 billion to investors with a share buyback and some dividend. investors don't care, down a buck 43. in our morning meeting today, we called linkedin the adult facebook. it's a social network for professionals. got that. free from the distractions with facebook, i have hear that, too. jonathan lister is the vice-president of marketing solutions for linked in. you know, jonathan, you've got a problem with people like me because i don't want all of these messages coming at me from strangers that i don't know, saying joined linkedin, i don't want that. >> look, linkedin is the world's largest professional network. we have 277 million members, our mission is to connect the world's professionals and make them more productive and successful. so we're trying to drive the

global work force profitability. for most people. >> jonathan, you haven't answered my questions. how do you deal with people like me who don't want the messages flooding my inbox? >> if you don't want information it's easy to opt out. the vast majority is positive. people in the work force are trying it connect with one another and we're doing that, i run the business selling ad solutions to marketers and we're making it easier for big businesses to engage with customers, to engage in such a way and 277 million professionals, precisely who those professionals are so we can target them extremely well. so for big financial brands like city, they want to talk to the women in finance. and we can tell them. we can tell them who the small businesses are and build relationships not just advertising. stuart: i'm coming around, coming around. so if i'm a big corporation, you

can help me target the kind of person that i want to be interested in my company. you can zero right in on a very determined group. >> and even more than that. don't forget the digital consumer today is different than the consumer was a couple years ago, consumers are more educated and better informed. for all of the brands it's almost impossible to market them the way they used to. we're giving big brands, big companies an opportunity to engage, to build relationships. stuart: what do you charge for this? >> of course we charge. stuart: now we're getting to it. are you putting the price up? >> we're premium solution because we're talking to professionals. and we think that that makes the difference. >> what's the charge? >> we charge the way other advertising-- >> how much would you say? >> depends on entirely what you're trying to do, depends whether you're trying it talk to, sort of tech decision makers or finance decision makers, but we can build relationships for

all of those folks. >> do you have a single company, a single big corporation that pays you, say, a million dollars a year to target professionals? >> we have many companies that pay us large amounts of money to-- >> do you have any companies that pay you more than a million or more in any one year? >> of course, we're working with the top brands in the world. stuart: there's a significant amount of money. >> yes, we are-- >> you could have told us that and made a good point. your stock might do well if you'd told me that. do you have anybody who paid 10 million? >> again we're working with the top-- i'm not talking individual brands. >> it's your business model. stuart: we have some serious money. >> and many brands pay us millions of dollars. stuart: not bad, you're growing there. linkedin, appreciate it it. stuart: two stories from california, one, restaurants putting a health surcharge on the bills to help pay for obamacare. the world of fracking goes on

and on and this time it's about the drought. we're going to plant our flag in california again, by the way, the dow is down 87. ♪

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>> molson coors says better performance in america and new menu items helping burger king to a bit more profitability and the stock is up. priceline protesters knock on the door of an energy executive's home late at night carrying torches. that's scary. the mainstream media avoids the story. my take on that 10:25. liz macdonald has two stories from california for us, number one, restaurant owners are putting a health surcharge on customers' bills to help pay for workers insurance otherwise known as obamacare, explain, please. >> 3% surcharge is operational. >> optional? >> you, stuart varney, you come into the restaurants we'll

charge you 3% to help pay for health care coverage for health reform. stuart: i don't have to pay it? >> you don't have to. and in san francisco, 5%. and the other is either to bust them down to part-time status or make the customers pay for health care recoverage, increased costs. stuart: california. the drought there in the formerly golden state, pretty bad. so fracking, anti-fracking activists are saying, fracking will make it worse, you can't frack, there's a drought, liz? >> that's what the issue is. basically the environment movement is saying, listen what matters more to californians, water? what is the more precious commodity, water or natural gas? and now they're saying essentially, we are in a month's long very severe drought and the fracking movement here in california will make our water

supply worse and essentially seeing in the monterrey shale it has an estimated two times the oil that is in the bakken shale in north dakota, a lot of chemicals and water needed to get the water out of the monterrey shale. now the greenies are saying you're going to use our water, we're in a severe drought and ain't going to work. stuart: any excuse to stop fracking, they'll do anything. liz, thanks for two good stories. you make me smile. protesters go it to the home of executive, will you like the muted response of the executive in the house? and suing fast food companies to pay for the obesity problem? is ronald mcdonald going to be the new marlboro man? the judge is coming up at 10:00 and so is charles payne and a leading obama critic. all of them, brand new hour next.

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iprise asked people re ra, even without methotrexate. a simple question: in retirement, will you outlive your money?

uhhh. no, that can't happen. that's the thing, you don't know how long it has to last. everyone has retirerement questio. so ameriprise created the exclusive.. confident retirement approach. now you and your ameripise advisor can get the real answers you need. well, knowing gives you confidence. start builng your confident retirement today. stuart: welcome to all of our new viewers who may be snowed in. hey coming never know who may be checking us out today. this is "varney & company" and here is what we have for you. welcome. the lawyers go to fast food just like tobacco. it is not your fault it is a fat, it is ronald mcdonald. obamacare is coming after you, coming for you i should say. 25 million of you will lose your

plan this year. she will be here. the uaw goes after vw. unionized now. not so fast. we have a report from tennessee where the union drive is focused. if the terrorist go after the national grid, our cyber security expert says we will have a hard time stopping them. he's here. and facebook like farms. the winter that won't quit. we have it all. welcome aboard. ♪ i think we have to say the south is at a frozen standstill. more than a half-million people without power. it is a huge winter storms storm stretching from texas to new england hitting right now. just look outside our studios still coming down. that is new york city coming down now and will keep going for 18 hours. by the way, look at the stock,

they make those generators you need in times like this. blowout earnings as well. that is a snowstorm stock. the story really is the weather. retail sales down, jobless claims up, yes, you can blame the weather, charles. charles: there is no doubt about this. the question as to what degree you can blame the weather. one we have to worry the most about his auto sales. has this rebound in autos. had cheap financing, is that part, the sweet spot of the story, is that gone and it is being massed by this bad weather scenario? for me particularly with the retail sales, that is the one? to what degree was the weather and to what degree may be has its course.

stuart: the economy appears to be weakening again. archive indicators showing it is weakening after optimism will have decent growth in the fall of last year. >> who says sales would not be down in january even if we had not have had this weather. charles: we know fewer people are shopping. the weather we have had in the last 40 days has just been. stuart: i don't know how much blame to place. charles: we know the weather has had an impact. >> i walked out of my apartment trying to block from the snow. it felt like hail coming down. so people will be holding out, they will not be shopping, but the cost of everything continues to go up as well. gasoline prices, watch out, prices above $100 per barrel.

energy prices going up across the board, heating oil prices, natural gas prices going up because of this storm taking money out of the consumer's pocket. really getting hurt from all angles of the consumer right now. stuart: bill hemmer said more people are hurt negatively by this storm than any storm in many, many, many years. >> because it is so drawn out. charles: and it is hitting spots that are not normally hit. stuart: a report on one, time warner cable and comcast getting together, $45 billion stock deal. low marks for customer service. 30 million subscribers when and if they get together. i say this is a good deal for streaming services like netflix because the delivery system, not via cable.

charles: i don't want to say desperation, but certainly these guys are bulking up. we are not even sure it will be allowed to merge, but the one thing you hear from everyone, less competition, less condition means worse service. these guys already had that reputation so it will not be enhanced, that is for sure. stuart: the judge is here, he wants to weigh in on this merger. do you think of a greater agency will allow them to merge? >> yes, it is in the agency will allow them to merge even though they will control such a substantial portion of the market that they are dangerously close to controlling too much. something called nbc. i hate to say this, but i think there are serious political implications to this merger, and the favorability with which the other network, i know i broke the rules by saying it.

stuart: that other network, networks i should say, very favorable to president obama. >> precisely. i will play this kind antitrust division of the justice department prides itself on being immune to politics and strictly down the line antitrust matter who the president is. it doesn't always happen that way because the head of the antitrust division with a political appointee who often has a political ideology of whoever pointed him. george w. bush, barack obama. i think it will go through. it will be bad for competition, but the free market side of me says it is their money. charles: and somebody will take advantage of it. stuart: they want to make the fast food industry pay for obesity. obesity related health care costs. the lead attorney, former corporate attorney for kraft foods on "your world" last night.

speak up whatever extent they are responsible, they should pay their share of reimbursements we taxpayers don't end up bearing all the cost on their own. stuart: he is saying the fast food companies, they are going to try to find out if they are responsible for obesity, therefore sue them. i am outraged. >> you said it in the interim, it is the seller of the food that made you fat or that you chose to eat this food that made you fat if you are on medicare or medicaid, your state to spend more money. stuart: they are lying to you, they concealed the harm and the fat and sugar can do to you. >> how far we going to go to say it is the governments job to take care of us rather than our own job to take care of ourselves and be responsible for our own situations which mark this lawyer on with neil last

night's try to talk attorney aty general into filing lawsuits and name him as the lead lawyer because the three would be the states spend wer more money on medicare and medicaid to cure for the ills caused by obesity, caused by the lies that the large food companies perpetrated on innocent people that wouldn't have thought this food. it is a long stretch, but it worked with tobacco. absolutely not. it was just a wealth transfer from big tobacco to big government. that is all this will be if it succeeds, a wealth transfer from big food to big government. and the plaintiff lawyers will @et rich in this.

nicole: har hardware sales staggering. stuart: 4% is a sizable decline. thank you. to the big story on volkswagen. workers at the tennessee plant in chattanooga are voting on whether or not to unionize. a few moments ago we spoke to tennessee senator bob corker. he is tunnels workers reject the uaw and saying if they do reject them, the company, vw, will reward the plant with a new product to build. in nashville. at the tea party media outfit? >> tea party news network. stuart: thank you, indeed.

this is in your backyard. what is going on? >> tennessee is a right-to-work state. we appreciate businesses coming at a tennessee like we announced last week moving the national headquarters to tennessee. one of the things that makes us so attractive is very, very antiunion state. last year we voted to do unionize the teachers union. that is how much we don't appreciate it. when volkswagen was first coming into the state of tennessee, the tennessee taxpayers offered $577 million with the thought they would not ring the union into the volkswagen plant. those bones of the uaw were the puppeteers plunder strings of obama campaigning for uaw to -@come into volkswagen. it is the whether or not they can infiltrate all of our automobile industries in the united states. stuart: senator corker says if you reject the union, you

workers at that plan, you will get to build a midsize suv. if you accept the union, maybe it will produce the thing in mexico. now, the nlrb, largely obama appointees, on the side of unions, they say not fair. the senator cannot come in and offer an inducement to the workers to reject the union. what do you say? >> i like they are criticizing bob corker when a brother president themselves into the union last july. both are saying a great minivan will be produced somewhere. regardless of anything that has to do with a minivan, tennessee taxpayers will think twice before any incident for this company to expand like they want to do in the future if the uaw is involved. nissan is a great example, employees are happy, i love it, they are nonunion nice. spring hill have had more layoffs than any other company

within the state of tennessee. this is the closest they have been in to build their membership, the numbers don't add up, they are doing this to try to regain the clippers they lost. stuart: let's see how this vote goes. appreciate it. going to executive energy executives house at night. roll the tape. >> my name is amanda. wanted to let you know we think that you are corporate criminals and should be in jail. stuart: going right onto their home turf, how about that. in about 10 minutes i will give you my take on this no-win situation. where is the mainstream media on it, he asks. one more note on the com cast,

time warner cable merger. we reach out for common, they did not have one. the government is closed because of the weather. most outspoken critic of obamacare, she wrote the book on it and she has a blockbuster number of how many people will lose health insurance this year. it is in the millions. after the break. we asked peoe a question,

how mu money do you think you'll need when you retire? then we gave each person a ribbon to show how my years that amount might last. i was trying to, like, pull it a little further. [ woman ] got me to 70 years old. i'm ing have to rethink this thing. it's hard to imagin how much we'll need for a retirement that could last 3years or mor so maybe we need to approach thingsferently, if we want to be ready for a longer retirement ♪ there's nothingike being your own boss! and my customers are really liking your flat ratshipping. fedex one rate. really makes my life easier. maybe a promotion is in orr. good news. i got a new title. and a raise? management couldn't make that happen. [ male announcer ] introducing fedex one rate. simple, flat rate shipping with the reliability of fedex. [ male announcer ] introducing fedex one rate. iwe don't back down. we only know one direction:

up so we're up early. up late. thinking up game-changing ideas, like this: dozens of tax free zones across new york state. move here. expand here. or start a new business here... and pay no taxes for 10 years. with new jobs, new opportunities and a new tax free plan. there's only one way for your business to go. up. find out if your business can qualify at start-upny.com

(voseeker of the sublime.. you can separate runway diculousness... from fashionhat flies off the shelves. and you...rent from national. because only national lets you choose any car in the aisle... and go. and only national isanked ghest in car rental customer satisfaction by j.d. power. (natalie) ooooh, i like your style. (vo) so do we, business pro. so do we. go national. go ke pro. stuart: everybody, both classes share the good and bad of life, that is what i like about it. >> in season four and season five which we just started shooting there is a feeling, a sense of liberalism sweeping the country that if you are born into a working class family, you're not condemned to be washing the stairs. actually have a sense of

aspiration. stuart: he was on fox and friends this morning. guess what, he loves america. welcome aboard, sir. he will make us some money. charles: this is going to change the world's 10 years ago, never really did but it is coming on now. a chip powering entertainment system, that is a huge market. they have the fastest accelerated supercomputers and the big data business is huge. big corporations. breaking out, 26 on it. stuart: heard it first from you. charles, think very much indeed.

betsy mccoy with us, she has some disturbing obamacare headlines for us. first of all, welcome. you say that the latest delay new rules, new regulation will make it a crime to tell the truth? >> absolutely. issued by the u.s. treasury on monday and on page 125 it says for employers to be possible for the employer mandate, 50-99 full-time workers, sign a statement filed with the irs under penalty of perjury changes to their workforce hours cut, labor force numbers change are not the result of obamacare. so, in fact -- really. stuart: i am a midsize employer, have 7 70 employees.

i have cut the number of full-time employees over the past year because of obamacare. but i can't say that. >> but you have to swear those cuts were not because of obamacare. that invites big brother in to examine your books. what was his business decision you made? were you justified in your number of employees? stuart: i can't say it, i have to lie. >> this forces you to lie. we saw during the first seven months 77% were part-time, there were stories and newspapers almost every day about employers, private sector, municipalities, community colleges, reducing their workforce putting people on part-time to avoid becoming employer mandate. it is going to happen during the second part of this year and in 2015.

charles: what we saw, which was interesting, a friend of president obama, like olive garden, one of the first one to come out and say we have to do this, and they were thrilled, papa john's, first of all they made it a public relations disaster and said maybe we will boycott these establishments but now you say let's make it criminal. this is tough. >> let me tell you about another one on page 37. we know employers a very disturbed about the definition of full-time from 40 hours to 30 hours. the statute specifies 30 hours. the only thing in the statute they are not willing to address. stuart: at the top of the show you predicted 25 million people would lose their plan this year. >> i made the prediction before monday's change in regulations. they're trying to do this to

avoid so many employers pushing their employees out of the on-the-job coverage and the exchanges. but the problem is we don't know how many insurers are going to be able to rewrite the old group plans. it may be too late. still maybe 25 million. we know those who currently don't have insurance will be rushing the exchanges because the individual mandate is in existence. the 25 million still may hold true. i have been trying to reach the insurance companies to say now that they change the rules on us again, how many if you're going to be able to write the small group plans? stuart: fascinating. thank you very much for joining us, come again real soon. pipeline protesters go to an energy executive private home, private property, they knock on the door, my take on this is up next.

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stuart: look at whole foods, the shares tumbling 8% down, they missed. not make as much money as expected, down they go. goodyear tire but as i stated

sales but profits went up good enough for an 8% gain for goodyear. later on this hour, the man who uncovered the facebook like farms generating fake followers for facebook pages will tell us how he founded out and why facebook may be behind it. plus, trader joe's says it's not going to build a store in a poor neighborhood in oregon. the neighbors said they did not want it. we will tell you why. we show you a video earlier. two young people knock on the door of an executive whose company is building a pipeline. late at night, they confront him, pipelines worry them. points number one the mainstream media has not picked up on this. i searched "the new york times" and a confrontation is not reported. can you imagine the coverage of conservatives had gone to the private home of anyone and confronted the homeowner?

you would be hearing about it for a week. second, the left once again walked onto private property to confront a private individual, that is not legit. in principle you should not make protest personal and you don't stuart: insults in the dark of night right into someone's home. don't do that. third, the executive was polite, he listened to them. they failed to provoke him. for a moment just think what would've happened if he lost his temper and physically thrown them off his property? if he even touch them just one finger, that would be an assault. the lawyers would be there to condemn the brutality of those wicked pipeline builders. these people are pathetic. finally the good news, the tactic won't work. it will not stop pipelines. the industry is not going to cower in the face of these juvenile threats of attacks and

it is absolutely terrible p.r. how many people really think it is okay to go to a man's house at night to make a political point? nobody wants this and nobody is going like it except perhaps the extremist fringe. when you make america look like a banana republic, you're going to pay a price. ♪ [ bell ringing, applause ] five tech stocks with more than a 10%... change in after-market trading. ♪ all the tech stocks with a market cap... of at least 50 billion... are up on the day. 12 low-volume stocks... breaking into 52-week highs. six upcoming earnings plays... that recently gapped up. [ male announcer ] now the world is your trading floor. get real-time market scanning wherever you are with the mobile trader app. from td ameritrade. with the mobile trader app. ♪

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where's ed snowden because of this weather. good profits, cvs accelerates its stock buyback plan the stock hit a new high of $64.90 earlier up 4%. tel aviv food, low prices, lots of jobs, communicable we, said no to a new trader joe's store in historically black neighborhood in portland, oregon because it would price out black people in that area. charles, where do you want to start? charles: oh boy. it is one of these things, gentrification. when white people move into a historically black or hispanic neighborhood, happening in new york city particularly in neighborhoods in new york i thought i would never see white people and they are there. the winds go up but the

neighborhood starts to get better and you get better options. anyone forced to move out of the neighborhood who can't afford to live in the neighborhood no matter who you are you feel better about it. the problem is you have to get a mind-set we are not focused on higher minimum wage. we can't have it both ways. we can't say we want a handout, food stamps, welfare, higher minimum wage and lower standards for education, but we don't want a better neighborhood. you can't have it both ways. we need to get the poverty pimps out there, al sharpton, get the community to refocus its concerns internally. let's bring our standards so we can shot at a trader joe's, send our kids to college so we can afford new grants when they build the new condos so i don't have to move out. let us improve ourselves so we don't have to worry about leaving our neighborhood because

we can't afford to live there anymore. stuart: two extra points. trader joe's board would have been built on a lot that has been empty for years and years and years. had they build the trader joe's for the construction company was an african american construction company. charles: would have created jobs for a lot of black people. what comes first? the agenda of victimization or self improvement? every single time the poverty pimps win with the victimization. every single time. stuart: can we show you the big board? we were down 90 of the opening bell and now we are down 40. the weather is part of the sto today because it is real bad up and down the eastern seaboard. it is depressing economic activity in retail sales, maybe that is part of the reason for the drop in the dow, not a big drop by now but certainly going to hold back this economy down 40 right now. federal government released a

long-awaited cybersecurity framework for critical infrastructure as demanded by the president that executive order. last year there was a physical attack on a california utility. attackers fired 100 bullets at a power station and wiped out 17,000 transformers. than the physical attack but how safe are we from a cyberattack? here is trusted sec's david kennedy. trusted security. the name of the company. now, look. this physical attack, you are on the side that says what about the cyberattack? do you think these new rules and regulations, i have not seen them but can you make utilities, the grid, safe from a cyberattack? >> the national institute of standards and technology released a framework to fix the cybersecurity industry and the financial and health care and

the problem is the cyber side of the house where hackers break into the grid and try to take down energy plans, the technology is so ancient, they don't want to touch it because it will impact electricity, core things we use on a regular basis, it is hard to protect and secure. will be a long road ahead and we are vulnerable to a lot of attackers breaking into the country. stuart: you exposed to hacker threat in obamacare, you testified before congress. i you now saying to secure the grid from cyberattack would take a long effort and an extremely extremely expensive effort? there is no quick fix. >> no quick fix. it has been a known issue for a number of years. energy companies don't want to make the changes because it is extremely expensive. one of my good friends who is

another security expert at a get together when they were doing simulations against systems, critical infrastructure, and they found and exposed a port on the internet that allow hackers to take down portions of the energy company within the actual state. these things are exposed on the internet, no protections around them and there is little to nothing being done to prevent these things from happening. stuart: you are an expert on this field, sort of an amateur with not that much technical knowledge. could they get right in and shut down a power plant? >> the sophistication needed to attack the systems is not sophisticated, you don't need a wide amount of experience. we test things like this on a regular basis and it is vulnerable, doesn't need high sophistication, someone coming out of high school could get into a lot of these systems.

stuart: you are trusted sec, it is private. >> we are busy right now. stuart: any plans to go public? >> no plans to go public right now. we are growing leaps and bounds. stuart: do you work for the good guys always? >> always the good guys. always good guys. i would be in prison. stuart: i you working for the government? >> we work for the government. we do a lot of work for international governments as well. break into embassies and things like that. are really neat job where we get to do a lot of good things to protect people. stuart: are you hiring? >> we hired three people in the last month and hiring three more this month. stuart: that is not many people. will you get thousands? are there thousands of people who are equipped to work for your company? >> that is the thing. when i say i am hiring three folks i have known for years in the industry, friends of mine

are trustworthy and extremely skilled and that is what we do. we focus on top tier type assessments. stuart: you should do an ipo, make some serious money. >> you need me to talk a little bit more. stuart: thank you, good to see you. we brought you the story of facebook like farms, fake likes to inflate artificially a company's popularity. we have the man who exposed next. ♪

stuart: look at time warner cable and comcast. they rank next to last in customer satisfaction. now they are getting together or at least they want to, stocks moving in different directions, time warner up 9, comcast down 2. netflix and other streamers, that deal might be time warner comcast could be good news for streamers, more people get rid of cable, who knows? streamers are doing well. big compact car recall for ignition issue. at stock down 35. burger king, a new menu items

helping burger king's profits and stock is up 2%. better performers in america, profit margin, the stock is up 1%. next, the man who exposed the those facebook white farmers. staying active can ease arthritis symptoms. but if you have arthritis, this can be difficult. prescription celebrex can help relieve arthritis pain and improve daily physical function so moving is easier. because just one 200mg cebrex a day can provide 24 hour relief for many with arthritis pain. and it's not a narcotic. you and your doctor should balance the benefits with the risks. all prescription nsaids, like celebrex, ibuprofen, naproxen and meloxam have the same cardiovascular warning. they all may increase the chance of heart attack or stroke, which can lead to death. this chance increases if you have heart disease or risk factors such as high bloodressure or when nsaids are taken fnsaids, like celebrex, increase the chance of serious skin or allergic reactions, or stomach and intestine problems,

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they came out with profits that beat the street and also made several acquisitions recently that helped their sales so you can stock up $6 and $50.98. stuart: charles payne takes this, sandy on this show. thanks. charles is still here. can't get rid of this guy. you got a ratedtockhich i ink aawmower. crlesey me tsehi buthe ridtialide the busiss i29% vees. themake me moyhe profsial se. yestday enheeaca out everything in agriculture will be bad but we get the retail sales numbers out everything but biden, garden is up huge. what is going on here? i like the idea that these guys atee%re made a huge acquisitio.

it is more of an industrial play if than residential play clicking on all cylinders. stuart: we got it. how do they pronounced it? charles: toro. was storage -- stuart: bullfighting. we told you about those facebook white farms earlier this week, people getting paid to like facebook pages by the millions. they make those pages seem more popular than they really are. fake likes. we have a man who uncovered these like farms, filmmaker derek miller joins us from vancouver. how did you do it? >> this was never my intention to expose any kind of fake likes. what happened was i acquired

fees in a way i didn't expect to. i just gave advertising money to facebook and what i got was fake likes. stuart: who is creating these? who is instigating these fake likes? >> tough to say but there's a massive market which seems to operate out of developing countries and also lot of the united states, canada and australia. i created a page to see if i could get some fake likes on the page as a little experiment last weekend and it worked. i got a bunch of fake likes from the united states. there are people everywhere who are looking pages in a way i would describe as not genuine. these people are not interested in the thing they are clicking like on. stuart: it is a business, kind of a cottage industry. >> absolutely. who knows how many millions of dollars are being spent on these sort of fake likes and they are damaging facebook pages because of you end up with these fake

like your engagement when you make a post is going to drop, they never intend to engage with the things you do. what is remarkable is you acquire these fake likes not by paying some dodgy co. but you acquire these fake likely need a place but -- that is remarkable and what i want people to know. stuart: it is the faith, a round trip fake really. >> tough to see what is fake and what is not. that is a fundamental problem. facebook will throw up their hands and say these people if they are these fake likes, they are capable of making themselves look real. these people put effort into maintaining a page that looks real land have thousands and thousands of likes and they never intend to engage any of the brand they like to. stuart: it is remarkable. i find it fascinating, this is how business is done in this

party to their area but what now? you explained it. >> how many existing likes on facebook sites are false, there were 80,000 falls likes. i acquire those in 2012 but they sit on my page today. i have to suffer from low engagement because those 80,000 likes will never engage and have to pay more to ask facebook to boost but this will boost it to those people who are fake in the first place. if you know you have taken likes, try to target around them so you don't get stuck with them. i have been trying to get facebook to delete those likes, talking about how to crack down on fraud. why not delete those likes? is clear they're not engaging with my page in a genuine way like my 50,000 likes. a lot of likes do engage and

they are from the country's you would expect. 80,000 likes are sitting like a dead weight and facebook is not doing anything about it. stuart: i can assure you there are no fake likes on "varney and company"'s facebook page. >> you have 76,000 likes which is pretty good but there may be some fakes. it is really tough to know. stuart: it is a great story. you expose it. you have done a great job. thank you, appreciate it. john stossel is next. recalls them the privilege class. >> politicians want everyone to have opportunity but get special breaks, certain company. >> we will all benefit from it. >> all don't benefit, the

privileged benefit. like members of congress when it came to obamacare. but so ally bank really has no hiddenees on savings accounts?

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lou: democrats up for reelection running away from president obama as he continues his rule by fiat. dr. rodney ludwig on our in serious president and how he is

getting away with it tonight at 7:00 eastern. be with us. stuart: a little more on the big merger being proposed between time warner and comcast. how do they get regulatory approval for this deal? it two biggest cable companies, how will they get approval? comcast chairman and chief brian roberts is a frequent guest of the white house, nearly a dozen visits under president obama. robert is a big donor often to democrats. for the first time in history most of america's richest counties around washington d.c. the city that says we are all equal but my next guest says that is a lie when we live with big government. on stossel is here. before we get started i want to run a brief clip from your show tonight that tells the story. rolled that one please. >> they want everyone to have equal opportunity but give special breaks to certain companies. >> we will all benefit from a.

john: paul don't benefit. the privilege to benefit. like members of congress when it came to obamacare. >> any other large employer who gets the same treatment? >> the congressional provisionally applies to congress. stuart: i heard that loud and clear. you are saying the new privileged class is the political elite. is this just under president obama or is it true of republican administrations too? >> true of republicans too but it is worse now, not the first time the richest counties surrounding washington d.c.. the story that brian roberts of comcast, a dozen visits to the white house. political contributions, you are free to do what you want in america if you kiss politicians's riig first. that is wrong. stuart: granted this is happening in america. but don't you also make the

point that the europeans, those of the europeans are much worse? john: it is nice to know, good to know there are others worse. if you re politically connected you get money, a hungarian firm got half a million dollars to develop a hydrotherapy system for dogs. tyrolean farmers got money to reconsider their relationship with the land skid and become more aware of their emotional reactions to it. stuart: when you say the political elite, that is now the ruling class, that implies they are milking the rest of us, just taking us for a ride. that is the kind of extreme point of view but that is your point of view but you don't like this. john: no, i don't like it. in many cases that is true, people say we have a lot of influence peddling but when government has given out

$3.5 trillion in money and more in favors they are always going to have people kissing their ring and getting special breaks by being near that much power. stuart: it is the pot of gold, $3.5 trillion and it is and is all being handed out from washington d.c. you can expect that elite to cluster around the sea to pick up not exactly the crumbs but the main course. john: as opposed to market competition where everybody gets to play, millions of free people voting with their dollars as to what they like and want. stuart: that is the show tonight, the politicates, the new rg class. wh time jo: 9:00 strt: amnuneith ts one. charles: afraid of the new privileged class, who is moving him out of the way. stuart: are we done with it? 9:00 tonight, watch it. three federal agencies, the fcc,

the ftc, the justice department have no comment on the time te osed bausef thhorn? that is the moving van because we are moving just in terms of time from february 24th on words, we start at 11:00 a.m. two hours until 1:00 p.m.. february 24th, that is when we start. opportunities aren't always obvious. sometimes they just drop in. cme group can help you navigate risks and capture opportunities. we enable you to reach global markets and drive forward with broader possibilities. cme group: how the world advances. there's nothing like being your own boss and my customers are really liking your flat rate shipping.

edex one rate. really makes my life easier. maybe a promotion is in order. good news. i got a new title. and a raise? management couldn't make that happen. [ male announcer ] introducing fedex one rate. simple, flat rate shipping with the reliability of fedex. ♪ there'll be the usual preseations on research.

and development. some new members of the team will be introduced. the chairman emeritus will distrute his usual wisdom. and you? well, you're the chief life officer. you just need the right professional to help you take charge. ♪ stuart: as you know "varney and company" is moving and ted lowry 24 to 11:00 for 1:00 p.m. eastern time. here is your reaction to the move. oh july, now i don't have to try to listen when i'm getting the try to listen when i'm getting t grandchildren of to school. will watch no matter what time.

good luck. and the judge, hope you keep -- we estee exactly the same. patti says won't be able to watch. loved getting up early to start my day before i leave for work. going to miss your show. listen to us on channel 113 satellite radio. connell: we will get to the weather which is brutal, the worst storm we have seen this brutal winter punishing states from alabama through maine. it is not over yet. won't be over for hours. we have the latest forecast plus tell millions of americans are coping with all this. there has been a mega merger in the cable world. comcast buying time warner cable, $45 billion deal but will the government allow the top two cable companies to become one? fears about the future? a new poll finds most americans believe the economy will only get worse from here. we will talk to dan henninger about that and days away from the daytona