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tv   Varney Company  FOX Business  March 13, 2014 11:00am-1:01pm EDT

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global warming takes the lead. amazon sued. they eliminated the shipping price. is priceline a technology company? there is a reason why we are asking. "varney & company" is about to begin. ♪ stuart: it is a mystery. the mystery surrounding that mythical malaysian airline defense. the jet may have been flying for up to four hours after it was last heard from. malaysians denied that result. they checked a spot where chinese satellite image showed possible debris. they found nothing. so here's the bottom line, we are six days in, no wreckage, no debris, no signals and a lot of contradictory results.
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monica crowley is with us. this is open season for conspiracy theorist, isn't it? monica: absolutely. a plane disappears, vanishes out of midair. planes do not do that. these are huge double-decker airplanes. the fact there is no debris field anywhere to be found. this report from the chinese about the satellite picture is three days old. there is a strong current in that area. they will have to expand beyond that. the idea this just disappeared. could it have been hijacked? by then we would have known where it had landed. stuart: i don't like them, don't deal with conspiracy theorist he had but this time around the conspiracy theories seem to be more legitimate than any idea it crashed in the jungle or under the sea. monica: that is because there is no explanation, no witnesses for a fireball in the sky or a missile launched. wouldn't we know if it had landed somewhere?
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went some air traffic control report an unidentified airplane had landed with it was pakistan, india or wherever? stuart: you would think. monica: to lose this many people without any sign of life anywhere. stuart: there was concern the transponder was diverted for another purpose. there are all these reports coming in, but something is going on that we don't know about. monica: the fact they are all theories, i heard he thought the fact the transponder immediately went off that was some sort of catastrophic event. some sort of explosion or mechanical failure, that it wasn't turned off by human beings. again, we have no way of knowing until we find that black box. stuart: it is a dominating news story because we don't know and there is no rational explanation. monica: and it plays in all of
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our fears. the idea this could happen to us is scary to sp had stuart: it is a mystery we have to look at. stay right there. so far for going upscale. bringing back the home goods section. affordable no-frills grants. charles payne is here. this seems to be on doing what ron johnson did back in the day trying to revolutionize jcpenney. charles: he tried to make jcpenney into apple. he just completely angered all the traditional jcpenney shoppers. he really tried to turn the industry upside down on its ear. they know what works. i admit this guy was the last few years at jcpenney at the helm, things got a little shaky but through retailer who understands what is going on. stuart: you are not buying jcpenney. you are not selling it.
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charles: it is up 100% from its low. i like what they are doing. stuart: thank you. two items from amazon. they are raising the price of a prime membership to $99 from the current $79. the first increase since the service was introduced nine years ago. i say this is good for amazon stock because it brings in more revenue. you say what? charles: absolutely. we have to get from the revenue lines to the earnings line. two weeks ago from a standpoint put a strong sell on them, wall street wants to see them make a little bit of money. fantastic growth story. stuart: all the money they make the put back into the business. one more on amazon, we have to go lawsuits which accuse amazon accusing vendors to raise prices on free shipping items. so it is not really free. this is all about amazon prime
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and the free shipping that comes with it. i see this as a tempest in a teacup. amazon is huge so they will be nick picked to death. charles: they will be nick picked to death. they don't have to seduce me into doing that. i'm going to take the initiative to do that on my own. we can save money on shipping. with the free shipping you still save x amount of dollars. is there a deceiving way of doing it? i don't know. way too many. stuart: now, the serious stuff. do you remember when senate majority leader harry reid called all the obamacare becomes liars? how could we forget? but yesterday in the testimony i don't think we have the sound, what she said, she was appearing before congress yesterday asked a series of questions. one of those questions was what
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do you think about senator reed: victims of obamacare liars? frankly she didn't have a very good response to that. have we got that tape yet? have we got it? nope. all right, what she said was, i didn't hear what he said. she was asked directly. she responded, i didn't hear what he said. why isn't this lady fired? monica: nobody in this administration seem to know anything. the president didn't know about irs, fast and furious, the nsa spying. now the secretary saying i didn't know what the enrollment numbers were, how may people have paid premiums, and also i didn't hear the senate majority leader makes comments about the victims of obamacare. nobody in as a administration anything and there is no accountability. your talking but a program like
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obamacare, they ought to have some answers. stuart:'s lady runs it, she should have answers. this cascading into chaos, constant delays in every aspect except the tax increases, but it is not going away, is it? this thing is not going away. charles: 34 changes to it, a large chunk of it. if it was a jigsaw puzzle, you would not even know what it was right now. a lot of pieces have been removed. obamacare lives on a key, but the pieces of the puzzle have been pulled away. stuart: how many people know if they have insurance in their state? if they paid, have they really paid? which doctors in a network, how many people know their precise health care situation right now? >> there is no way to know it unless somebody goes to the doctor and is told as a friend of mine recently was she thought she was covered under an obamacare policy.
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$12,000 operation, she was told it was all okay, she gets there for the preop and told no, it is not covered under obamacare. this is mass confusion causing people so much money. the idea they sold it as this will make health care more affordable to more people, more people are being put into the poor house by obamacare. stuart: let's go to market because we dropped below 16,300. will the dow continue the three-day losing streak right now down 43 points? would you spend $30 on his bachelor? $2$20 a package of pancake mix? a lot of people are doing just that. williams-sonoma posting new highs after the prophet. do you shop at williams-sonoma? nicole: i love williams-sonoma. if i had more of a life at home, i would shop there even more. it is not cheap, he talked about
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$20 spatula, $20 gluten-free pancake mix. up 9.7% for williams-sonoma. the stock will into a new high over $65. they came up with good quarter, better-than-expected full-year numbers. raised the dividend. stuart: i think we just showed the pancake mix which is on sale for $11. nicole: flap and jack pancake mix. that is probably the cheapest thing at williams-sonoma. stuart: and new hires a new high. nicole: they beat the street and raised the dividend. charles: same-store sales, pottery barn up 14.6%. pottery barn kids up 11%. what retailer can sport those kind of numbers? the dollar stores are going down and people say the rich are not doing their fair share.
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these numbers are mind-boggling. stuart: you want mind-boggling? i will give you mind-boggling. john kerry: climate change a top diplomatic priority. i am quoting directly. "protecting our environment and meeting the challenge of climate change is a critical mission for me as our country's top diplomat." his diverting attention away from the misery of obamacare did monica: this is the same sectarian state who a couple of weeks ago said with a straight face that he believes climate change is the worst weapon of mass destruction. i think the atomic bomb has something to say about that. but they honestly believe that and as we talked about on this show, climate change is a secular religion for the left and it is about the massive global wealth redistribution.
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for the wealthier countries and distribute to the poor. stuart: how do anything that will go down well with american voters? monica: jobs come obamacare as d the economy at the top, climate change dead last, nobody cares about it. charles: they are desperate for a foreign policy. maybe you could win. monica: the russians invading sovereign countries, a nuclear bomb. stuart: global warming is far more important. i have another one for you.presn executive order demanding overtime for salaried workers. sidestepping congress once again. more on this after the break. >> what did the president mean by that when he looks to the supreme court to rein in executive overreach? if you don't have standing, how
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could you possibly get before the supreme court? so my question, mr. speaker, is what changed? how does going from being a senator to a president rewrite the constitution?
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stuart: we were up 50, now we are down 43 so i guess you can say we have almost 100 points swing on the day so far. down at the moment. president obama will sign an executive order later today requiring companies to pay millions of salaried workers overtime. he is going over congress head using the executive powers to dictate incomes in the private sector. republicans are not taking this one line down. the commerce and gave an impassioned speech yesterday: the president out. listen to this. >> i will read a quote and then you tell me who said it. these last few years we've seen an unacceptable abuse of power
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having a president whose priorities is expanding his own power. in a guess on who said that, mr. speaker? it was sen senator barack obama. no lock and give a backbone if it refuses to stand off as a coequal branch. the constitution made it. senator barack obama. what do we do with a president who can basically change what congress pass by attaching a letter saying i don't agree with this part or that part? senator barack obama. stuart: that is pretty good stuff. we bring you the man himself, republican from south carolina. welcome to the program. >> thank you. stuart: this latest executive order to impose more salaried workers getting overtime, does the president flat-out have the power to do that?
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>> i am not aware of the statutory power he may be relying on, but that is the question we all should be asking him. executive orders have been around for a long time, but i don't think it is too much to ask the executive what statute are you relying on that gives you the power to do this because i cannot think of a statute that gives the him the power to tell businesses how much they have to pay their workers. stuart: the solution to the president's power grab presumably in the immediate future does not lie with the court, surely it lies with politics. it relies on a political reaction to what the president is doing. >> our framers gave us a lot of remedies, one of which is every member of the house will be up in november and a third of the senate. they've given us the power of impeachment, but two of those are punishments. i am looking for a remedy. if you want a law enforced, constitutional obligation of the
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executive, how do you get a president, not just this president, but any president to enforce the law? one of the ways to do it is to go to the judicial branch and order the executive to follow the law. in some cases a law he himself has signed. stuart: are you going to do that, sir? you know how to do this, are you going to do what you just said? >> sure. i hope we do it regardless of the senate takes this bill up. i don't think we have standing simply because we passed a bill. we have standing under the constitution. stuart: how long w would take tm to adjudicate this? >> years. stuart: meanwhile the president has dictated salary levels, income levels by command, people will get extra money, and he may win politically because of that. >> there are a married of groups that would have standing with respect to this executive order and pick a group that is
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impacted if they wanted to go to court and get an injunction, they could do that tomorrow afternoon. we are seeking to make him enforce the law. this would be seeking to keep him from committing an act doesn't have jurisdiction to commit. all court cases don't necessarily have the last two years, but look at fast and furious. we tried to get documents three years ago and we are still in court. stuart: your profile has gone straight up, do you know you're considered as a vice presidential candidate? >> in what country? charles: twitter twitter! stuart: good response. come and see us again soon. >> i would love that, thank you. stuart: brilliant answer. it got me. take a look at priceline stock. it is a juggernaut. we had quite a debate among the staff last night over if priceline is a tech company.
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we're trying to choose 16 tech companies to compete in the tournament string next week. who will pit them against each other. the question, which stock would you rather own? we will eventually crown a champion. so charles, priceline, technology company, yes or no? charles: yes. stuart: i agree with you. charles: the 2013 letter they said like many other online businesses, they don't call themselves a travel agency, what makes them a business, kayak. if they did not have this technology, they could not stay ahead of the curve. stuart: what about tesla? charles: without a doubt. they are making batteries that will be revolutionary and have a life that goes well beyond automobiles. that was just a peer car play to
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be $1.56 play. stuart: any company making real headway in this modern era is linked to technology fundamentally, it has got to be. there's no way around it. charles: an it is the difference between jcpenney and amazon. stuart: you heard my take on warren buffett. now you get your chance to chime in on what i said. your reaction from facebook and twitter is next it's a growing trend in business:
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do more with less with ss energy.hp is help. soon, the world's most intelligent servers, designed by hp, will give ups over twice the performance, using forty percent less energy. multiply that across over a thousand locations, and they'll provide the same benefit to the environment as over 60,000 trees. that's a trend we can all get behind.
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♪ stuart: warren buffett affects policy and make money doing it. he affects tax policy and sticks us with the bill. here's what i want. the next time he is interviewed i want to see him challenged, wants to see the tough questions asked. i want to see someone look him in the eye and say that, sir, is hypocrisy. just a small part of my take from yesterday on warren buffett. the post of the whole thing on facebook and twitter and got a lot of reaction. williams says he tries to wh suy eyman midwest guy stuff but in reality he is out of touch with people. calpurnia says he is old, had his life with his money intact
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and want to go out as a wonderful guy. too late. it is about time people see warren buffett for who he really is, there's always an underlining motive for when he promotes a business in that motive will make them a lot of money. gordon is not taking my side, he opposes what i have to say. he says stuart, you talk too much, let's hear warren speak. the invitation is always open if you want to come on, he would be very welcome on "varney & company." more on the tech tournament we are planning for next week like the ncaa tournament. with some companies we are not sure whether they will make the big dance, the final 16. for instance where: these four the dinosaurs. should we include them? hewlett-packard, intel, cisco, adobe. let us know what you think. are these companies still relevant, should they be in the final 16 of march madness. the 3d companies, 3d systems, x1.
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the three we talk about most. certainly at least one of them should be included, if so, which one? all those people who appear on the show shortly will get the final bracket which will be unveiled on monday. the name fiel featured hewlett-packard. the stock the moment, but it had disappeared, it is coming back. the chinese-amazon, 95% it has an ipo in new york. yahoo's largest listed shareholder and yahoo at 37 this morning. the first preview of the midterm elections. threpublican beat the democrats. the democrat, the republic was running on the disaster of obamacare and he won. "wall street journal" dan hettinger. after the break. but first, giving us a lesson on
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the constitution? exactly how old is it again? >> initially giving thanks to visiting with members of the majority. threpublicans, my chairman and others for giving us an opportunity to have deliberative constitutional discussion that reinforces the sanctity of this nation and how well it is that we have lasted some 400 years operating under a constitution that clearly defines what is constitutional and what is not. ♪
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impact wool exports from new zealand, xtile poduction in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat thei10-year lipper avere. t. rowe price. inest with confidence. request a prospectus or summary prospectu with investment informion, risks, fees and expenses to read and considecarefully beforinvesting. stuart: remember when tim cook told a climate change denier to get out of the stocks? turns out the company may not be quite as green as tim cook wants it to be seen as. activist groups they may make iphones with hazardous chemicals that threaten the health of factory workers in china. again, charles, think that is tempest in a teacup, they're going after anybody who is available.
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charles: for what you the high, moral ground as it has a need to stand on. speak in his issue that can help the company and shareholders, you will be out there. google sucks up most energy than more small companies. played a p.r. game, they know how to point fingers but a high behind the fact they're just as big as anyone else in this eco-terrorism. stuart: i take it all back. republican winning the florida congressional race even though he was outspent 4:1, but he did indeed campaign against obamacare, and he won. do you think the obamacare problem for democrats runs all the way through until november? does it have the legs? >> it is just around the corner virtually. stuart: six or seven months is a long time in politics. >> not in politics today.
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obamacare has been front and center. the greatest fiasco of our lifetime. domestic fiasco. it has been front of people daily for nearly a year now. they know what the problem is. the democrats at this election in florida made clear do not have a real answer to the republicans political event offensive. don't repeal, the problem is the woman who was defeated in florida made clear they do not have any fixes to obamacare. their position is simply let the administration keep deferring it into the future. the damage is still happening and i think as long as republicans can make clear with the democrats it is fire and forget on obamacare, one of the biggest problems of our time is sitting there unaddressed, it is a liability. stuart: on obamacare, kathleen sebelius testified yesterday, listen to some of her answers.
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>> how many of those that have signed up have enrolled in obamacare have paid the premium? >> i can't tell you that, sir, because i don't know that. >> how many of those were previously insured? >> i do not know that, sir. stuart: those are key questions, you've got to be able to answer that. i don't understand why the president has not fired what amounts to an incompetent member of obamacare. why is she still there? >> i think kathleen sebelius is doing precisely what president obama wants her to do. to go out there and say anything to defend this indefensible entitlement he has created. the white house own solution do things have simply been to not address the details of the problems inside the individual market place, but to simply throw it all forward. the most recently did last week
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and made it clear they were doing it in reply to five democratic senators who were in political trouble because of this law. it is so brazen. why not have a brazen secretary defended? stuart: the "wall street journal" in the last two days reported to what amounts to a delay for the entire individual mandate. it hasn't been many headlines because it is exceptionally technical and buried in the regulations, but your newspaper is saying this is what is happening. the leaf the individual mandate. >> i think this creates an opportunity for republicans well repeal is just not possible, not enough votes to do that. they should start talking about taking steps to address individual market place such as giving people, the mandate has made the premiums so high. every insurance plan has to have the following 200 elements if it doesn't apply to your situation. fishes adjust the people should shop for individual policies and
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private marketplace as they apply to them, carry them across state lines, trade a piece of legislation like that, force the senate to vote on it. stuart: republicans surely want this thing to collapse, what a mess. >> what i am's adjusting is not helping obamacare so much as fixing the individual market coming up with an alternative that would be individual choice rather than the forced march obamacare turned out to be. this is a huge crisis for modern liberalism. we are the government here to help you, and it doesn't work. you cannot have something fail out in front of the voters and still help to win elections. stuart: bear in mind do they take the senate? >> they have a very good chance
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of taking 10 or 11 seats up for election. even vulnerable democrats in states like iowa, those races are closing. it could be historic sweep in the senate. time in politics today is very compressed, everything is tight, you just cannot get away from it. it will be a tight race now until the first tuesday in november. i can't wait. stuart: dan hettinger, everyone. thank you very much. president obama surgeon general nominee wants your doctor to ask you do you own a gun. is that justified? we will discuss it next. [ male announcer ] this is jowoods' first day of work.
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spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, even eye drops. stop taking spiriva and seek immediate medical help if your breathing suddenly worsens, your throat or tongue swells, you get hives, vision changes or eye pain, or problems passing urine. other side effects include dry mouth and constipation. nothing can reverse copd. spiriva helps me breathe better. does breathing with copd weigh you down? don't wait to ask your doctor about spiriva. stuart: new developments in general motors recall of 1.6 million vehicles. gm says it knew about the faulty ignition switches as early as 2001, three years earlier than previous reports.
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gm stock is $34 per share. jcpenney launching the home goods section today. affordable no-frills brands. this undoes the work of ron johnson. for amazon, raising the price for the prime membership from 79, this is the first price increase since the service was introduced nine years ago. amazon stock up. does your dolla dr. have the rio know if you own a gun? hi, are we still on for tomorrow?
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tomorrow. quick look at the weather. nice day, beautiful tomorrow. tomorrow is full of promise. we can come back tomorrrow. and we promise to keep it that way. driven to preserve the environment, csx moves a ton of freight nearly 450 miles on one gallon of fuel. what a day. can't wait til tomorrow. 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
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stuart: an update on the uaw fights unionize the battle in tennessee. apparently national labor relations board to have a revote. workers initially voted not to unionize. now a group called the national right to work group suing on the appeal. made airlines launch and entertainment system to stream movies and tv shows on your apple devices starting next month. the service will be installed in most domestic and international flights. the new platform not available for android or windows yet,
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united did not rule it out down the road. apple stock down $0.82. a big name down, dollar general blames the cold weather, competition and the economy. nicole, did they leave anything out? nicole: i thought it was interesting, actually. cold weather, we have been hearing that one, plenty sales were weaker. what is interesting is how they were noting consumer confidence in the concerns. while we have heard from so many retailers, they talked about severe weather, dollar general saying they'r they are concernet consumer confidence. they geared toward the lower income, like walmart and target, that is the theme we have been hearing from them in the forecast does miss the estimates. stuart: charles, this is what you are saying earlier. williams-sonoma up, dollar general down going to a lower
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end of the income spectrum. that is the story of our economy. charles: nicole is right and accommodation side, the dollar stores did amazing over three years. walmart ringing their prices down. but the idea the rich aren't spending money is preposterous. those numbers boggle my mind when i looked at them. the aussie store sales up 14.6%, same-store sales? these dollar stores a lot of competition, they have to figure out something else, somebody has to break out of the pack. stuart: 10%. charles: people wrote the company off. stuart: they were wrong. and now spoken advocate says guns are public health threat and wants to require all doctors to ask their patients if they own a firearm.
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we are joined bases of opinion editor the wall street times and welcome to the program. i know you oppose this moved to have doctors ask patients if you have a gun in the house but let me turn this around for a second. don't doctors have responsibility to find out if there is a dangerous weapon in someone's home, especially if they know maybe somebody is mentally unstable in that house? >> three times as many people die from car crashes from drunk drivers and text messages and you don't have doctors asking if they own a car. it is not a doctor's responsibility to ask if you are exercising their constitutional right to keep arms to defend yourself. stuart: this is an enormous number of problems with guns in homes, people getting shot and killed. >> it is very rare for any kind of accidental death.
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no, it is not very common and it is not a doctors place to invade the privacy of a family and ask them if they have a gun in the home. stuart: did you say 700 accidental deaths from firearms in the home? >> just in the year. stuart: that poses a danger to 700 people. >> it will not help because if somebody is irresponsible, are not locking the gun with children in the home their doctor telling them to do so is not going to change anything. people know to lock their guns if there are children in the home. it is very rare for children to get killed by parents who left their guns on loss, so would not make a difference. stuart: i will listen to the debate, i think it is a good debate, think we should have it. the other thing is the smart gun. a special locking mechanism's only u.s. the owner can fire the gun. i'm sure you know what i'm talking about, it turns out if
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one s in the united states, every gun in new jersey must become a smart gun. this seems to me to be the antigun people expanding their turf with this kind of action, what do you say? >> the issue of smart guns, support entrepreneurship and i support invention in the summary comes up with a gun only the owner can shoot by the two ideas thethat have got going now and planning, fingerprint or a watch connected to it, that is great. the problem is the technology is not there, so the antigun jurisdictions particularly in new jersey are mandating something that doesn't exist. so right now these smart guns on the market are not reliable. any responsible gun owner is never going to use them. i keep a loaded gun at home. in a million years right-hand on
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a fingerprint or a watch for security, depend on a lock for every gun and it is a dependable way to store your gun. stuart: why with republican governor of new jersey, why would he support this move? >> quite frankly chris christie has been back and forth with his issues on second amendment rights. after newtown he came out in favor of a lot of new gun-control laws however six months later he ended up redoing a bunch that came out at the all democratic legislature there. this year it has been a very tough issue in new jersey for chris christie because while the democratic majority is pushing for more gun-control laws and rights now they're proposing for one that would ban all of the rifles, very extremists bills are doing is deliberately to put chris christie in a position because he wants to run for president to either veto something to run nationally because the majority of
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americans do not support more gun-control laws or does he cow tail to the liberal base in his home state. stuart: what portion can support an out right ban on all handguns? seriously. >> from what i have seen in the past it is like less than 10 or 5%. unrealistic and in the constitution so it is not even on the screen. handguns i would put the minority president obama said he wants to ban handguns, probably mike bloomberg, piers morgan, those type of people if you edit them up you will get less than 10% of the population. stuart: i hope you can come back soon because this is really poignant for the moment. another example of success in private industry and american technology. elon musk new rocket able to
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travel all the way to mars. we have got it for you next. it's a growing trend in business: do more with less with ss energy.hp is help. soon, the world's most intelligent servers, designed by hp, will give ups over twice the performance, using forty percent less energy. multiply that across over a thousand locations, and they'll provide the same benefit to the environment as over 60,000 trees. that's a trend we can all get behind.
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stuart: space x says it will launch before the end of the year designed from the get-go to carry carry humans into space. to the moon or mars. elon musk does it again, would you say that about space x? charles: the equivalent of 15 boeing. 40,000 pounds to mars from here. it is revolutionary stuff. stuart: is he proposed to make money out of this? charles: absolutely. stuart: he sees possibility of moneymaking on mars.
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i am not making fun of it, but he is everywhere. charles: going to mars, take everybody with us. this guy, he harkens back to some of the most critical minds we have ever seen particularly in engineering. stuart: i think it is fascinating. we told you to tweet us for ask charles payne. what do you say? charles: you remember the airlines, nobody would touch it. from the wright brothers until 1980, 100 airlines came and went. when you start to shrink it down, only a handful of them left, when they charge a fee because of your bag, they charge a fee because you have to change your airline, they part cap the
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fleet on the sides so everything is full, and i have a moneymaking machine. if you are in it, stay in it, he will continue to go up. that changed the dynamics dramatically in the street can't keep up. the continues to fly like these guys. stuart: the prosthetics expert who helped reconstruct a man's face using 3d printers is going to join us in a few minutes to tell us exactly how he did it. plus the man behind the feelings app, talk to it at will tell you if you are happy or sad, says he is marketing to teens. all this, a new our of "varney & company" two minutes away. so ally bank has a raise your rate cd
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that wothat's correct.a rate. cause i'm really nervous about getting trapped. why's that? uh, mark? go get help! i have my reasons. look, you don't have to feel trapped with our raise your rate cd. if our rate on this cd goes up, yours can too. oh that sounds nice. don't feel trapped with the ally raise your rate cd. ally bank. your money needs an ally. stuart: we have news for you: women. the president changing america. our second hour of "varney & company" starts right now. john stossel is here.
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a man who. we printed a man's face. you work all hours to climb the ladder. hold on, the president won't get to watch the clock if you dare get ahead. the app that watches your feelings. there is more to it than that. let's go. ♪ >> executive orders have been around for a long time. i do not think it is too much to ask that executive what statue you are relying on that gives you the power to do this. stuart: well, that was congressman trey gaudi.
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listen to what president obama said last night. i do not have time to waste. the clock is ticking. i want to squeeze every last little bit of work that i can't during the remainder of my term. here is your reaction to trey gaudi. i want to see this man as attorney general. when he talks, our entire household stops to listen. listen to what he said about heading to the white house. did you know that you are being considered as a vice presidential candidate? >> and what country. stuart: i thought that that was pretty good. we will have much more on the
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president executive order. that will be in my take in about 20 minutes from now. we have two retailers for you today. williams-sonoma. people with money apparently have no problem spending it. nicole shops there, i believe. the shop is up 10%. a very big game for a company like that. we have dollar general. the shop is down. some describe as unhealthy food, drug stores and the food is not fast enough at mcdonald's. she wrote the book what great brands do. welcome to the program. give them some advice. >> i would say they have to
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refocus. they have gotten so distracted with chasing so many customers. all of the foods are very important to the brand. stuart: when i go to the mcdonald's, the menu array is huge. it is not fast. i want fast food from a fast food joint. >> true. the customer ends up suffering. stuart: what about the nature of the food? do you think they should rebrand towards more healthy foods? >> i think they have a good mix right now. i think the fact is they need to position themselves to appeal to that family customer and not go chasing after starbucks customers or healthy customers. don: fast, direct, limited menu,
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some healthy stuff out there and a nice clean friendly place for people to hang out in. >> absolutely. stuart: an emotional connection. all kids know the entire mcdonald's menu immediately. >> you and i have fond memories of going to mcdonald's when we were kids. stuart: i was in hong kong when they opened the first mcdonald's back in the 1970s. i will bring you a check on jcpenney stock please. today it is bringing back its home goods section. the home goods section was ditched. jcpenney undoing what ron johnson did. he tried to make it a bit more upscale and then walked away from it. do you approve of this? >> i do.
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i think it is a very smart move. i think they are trying to compete with a target or calls. by having a home goods section, they will be bringing those customers back to them. stuart: you are very direct. you go right at it. >> i studied jcpenney quite a bit. all of the problems that they have had, they would've lost the focus on the core customer. they need to go back to that. stuart: stay right there. i have another one for you in a moment. i want to check the big board. we are down 81 at the moment. the three biggest percentage losers of the dow 30 are hewlett-packard, pfizer and america express. zynga, that is the farm bill. why is it down today?
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nicole: down three and a half percent. we have been talking yesterday and today about the new ipo. it is the parent of candy crush. a similar thing; right? will it be received well. we know zynga shot up. not so great since the ipo. everyone now looking towards change for this one. >> i could never understand why people would put real money into a gain, essentially. nicole: the stock really shot up after the ipo. the pop and then the drop. stuart: when we say google is everywhere, we mean it. google has added a grand canyon
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cityview on their maps. they call it riverview for obvious reasons. the google stock is down $10. below $1200 a share. what do you think about this? i always think of google ads everywhere. i think that is a pretty good friend to have. >> absolutely. i think they trust google to make their lives better. constantly expanding into brand-new areas. even in this riverview thing on google maps. that is an extension, i think. >> it is to organize information and make it useful and accessible to everyone. this is just another way that they are doing that. >> you create branding. a company comes to you and says i need a brand.
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>> tell me a brand that you have polished. >> maybe i would return to oakley. it was a collaborative process. oakley has so many opportunities in front of them. they need to decide where they will innovate. the process i work with is helping them provide that focus. stuart: all right. you work for us. it was great. thank you for joining us. >> thank you, stuart. stuart: will you come again? >> absolutely. stuart: more on the story of stephen power. he was disfigured in a motorcycle accident. he received life-changing surgery to repair his face with the help of 3 d printers.
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doctors used 3 d scans to make a model of this damage school. they then printed out plates that matched the damaged portions. joining us now is dominick. he is the prosthetics this that help make this happen. congratulations. there may be a delay in our conversation. i will give you one opening question did tell me exactly what you did with 3 d printing to help this man create a new face. go. >> all right. we took his ct scan. it was a 3 d model into the computer. stuart: 3 d allowed you to be absolutely precise. that was the advantage.
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>> exactly. yes. stuart: are we now seeing a large scale implementation of 3 d technology and medical services? >> it is certainly getting mad. we have taken many cases here in wales. parts of our work is to try to make it more acceptable. stuart: how far are we away from what you call widespread operations? the rates are quite astonishing, really. it is already becoming quite embedded in the uk healthcare
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system. stuart: do you think he is pleased with his new faith? >> we think extremely pleased. stuart: it is not 3 d printed skin or flash. it is the plates that are underneath the skin and the flash which were 3 d printed. >> that is correct. yes. stuart: dominick, congratulations. we were not aware that wales was a driving center of the 3 d printing business. congratulations. fantastic work. that is really amazing stuff. thank you very much, indeed. >> thank you very much. stuart: check out the big board, please. close to 100-point down.
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sixteen to 40 is where we are. back with more varney in a moment. ♪ predicting the future is a pretty difficult thing to do. but, manufacturing in the united states means advanced technology. we learned that technology allows us to be craft oriented. no one's losing their job. there's no beer robot that has suddenly chased them out. the technology is actually creating new jobs. siemens designed and built the right tools and resources to get the job done.
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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 stuart: the mystery surrounding that malaysian jetliner defense
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and defense. the jet may have been flying for up to four hours after it was last heard from. search planes were sent to check the spot where satellite images show satellite debris. they find nothing at all. six days in, no wreckage, no debris, no signal. the search continues. we will keep you updated. amazon raising the price of and facing lawsuits over their prime service. lauren simonetti has the latest. >> you pay the annual membership. you get two day shipping unlimited. new prime minister members will play $99 a year. stuart: the price has gone up. >> the price has gone up for the first time in nine years. it may backfire.
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58% said that they would renew. stuart: i cannot believe it. prime gives you so much. an enormous service, for a year. nicole: the lawsuits allege that amazon is charging higher prices for the free membership. one third-party vendor, something is $10, they will make it $14. stuart: so not $10, they make it $14 then shipping is free, but it is not free the shipping is and it already. i feel like that is nitpicking at amazon.
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nicole: tens of millions of people that are signing up for this prime membership. >> the stock is up, i believe. >> the stock is up. it is down this year. it is up over the past year. if you put the price of prime up, i think you will increase revenues. i have breaking news on mcdonald's. it is now facing a class action lawsuit in three states. alleging wage theft. they are all involved in this suit. we will bring you more details as this occurs. this is the minimum wage battle. a class action lawsuit alleging wage theft on the part of
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mcdonald's. >> we have seen mcdonald's and other companies resist it thing we will have to cut jobs. stuart: the dow took a tumble. we are now down 108 points. it is a very low volume trading session. people try to come up while the market is down. i do not have that. you could say that there was weakness in china a week growth rate over there, bad news for us. this has been breaking throughout the week. i am not so sure why. >> something may have happened in the last couple of minutes.
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it has been a very dull week overall. ukraine. nothing really seems imminent. stuart: charles always objects. they look at the company and the future. you do not look at google. you do not look at the fed when you are buying google. >> 25 years in a row. i should talk to you more often. that is what tv demands. you are very good at it.
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here is one word for you, ambition. president obama is stamping upon it. my take on that is coming up next. ♪ ♪ that is the sound of the been working on the chain ♪ ♪ that is the sound working on the chain ♪ ♪ all day long they are singing ♪ or retirement. but when we sta worrying about tomorrow, we miss out on what matters today. ♪ at axa, we offer advice and help you break down your retirement goals into small, manageable steps. ecause when you plan for tomorrow, it helps you live for today. can we help you take a small ste
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ido more with less with buss energy.hp is help. soon, the world's most intelligent servers, designed by hp, will give ups over twice the performance, using forty percent less energy. multiply that across over a thousand locations, and they'll provide the same benefit to the environment as over 60,000 trees. that's a trend we can all get behind.
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what is this place? where are we? this is where we bring together the fastest internet and the best in entertainment. we call it the x1 entertainment operating system. it looks like the future! we must have encountered a temporal vortex. further analytics are necessary. beam us up. ♪ that's my phone. hey.
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[ female announcer ] the x1 entertainment operating system, only from xfinity. tv and internet together like never before. stuart: do i detect a tone? a new app called moody's. joining us from tel aviv with a. welcome to the program. is it possible that if i call up an airline and i am mad that you can put your app to the airline and they can analyze how mad i am. do you see that as a possible use for your app? >> good afternoon, stuart. thank you for having me.
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it is absolutely possible. one of the cases we are pursuing right now. you are really trying to slow the problem. stuart: that is fascinating. you can tell the difference when someone is just really angry and someone who is angry but trying to find a solution. your voice recognition technology allows you to distinguish like that. >> yes. we have a few parameters that we can identify that have to do with the mood of the person. with the composure level, whether the person is very composed or just about to burst. we can tell about corporations. if you are very angry, but you are cooperating, actually trying
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to solve a problem where as if you are only angry, you may just be venting. definitely possible to tell just by analyzing. stuart: i find this absolutely fascinating. i personally think it will be a huge hit with teenagers. i think you are looking beyond the teen market. thank you for joining us. then we have kodak. it died and it came back to life. somebody who says you may want to buy kodak stock eventually. plus, stossel is here. he is fired up. wait for him. ♪ stuart: here is my take on ambition and what president obama is doing a badge and you are a up and comer. you really work because you want to climb the ladder. twelve hour days. six or seven work weeks.
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you will do it all because you have ambition. then along comes president obama. president obama will command that you get paid overtime. you will get put on the clock and you must be paid overtime. think about how that will change the relationship between the youngster and the employer. that young up and comer will be encouraged to sue because you are entitled to more. you are not working day and night for a shot at the top. no, you are a wage slave punching the clock. the employer is looking at rising costs and potential lawsuits. that guy working day and night may sue. the most successful area of our economy is technology. do you think google would be the company it is today if the company punched a timecard? what a way to treat the
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go-getters of america. why is the president doing it. the immediate answer is obvious. he is buying votes. a mandated pay raise for a couple of million people a be a political winner. the other reason is the president's intention to change america. this power grab over your income is awful. it stands the american dream on its head. i have seen this before. it is europe. all government, all the time. unfortunately, it is in financial and moral bankruptcy. ♪
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stuart: the dell near to it session lows. china may be is slowing down more than expected. new revelation and the gm ignition switch. it knew about them as early as 2001. twelve people died in crashes linked to that problem. plug power. wild swings over the past week. it is up big today.
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believe me, that stock all over the place this week. go figure. a viral video showing outward kisses between strangers when it was actually an ad campaign. you want to tell me the story on this one, lauren. it is a clothing label based in los angeles. instead of a traditional ad, they released this 3.5 minute film. it is beautiful people wearing the clothing, kissing each other for the first time. they are complete strangers. twenty really uncomfortable and awkward moments when these strangers kiss each other. i loved it. now i will not forget it. stuart: you loved it? nicole: i loved it. it gave me the goosebumps. some of them had real
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connections. that love of first site. the point here is why would they do something like this. i think it is divide the seasonality of ads and clothing. stuart: you get goosebumps. harry reid called them liars. kathleen sibelius does not remember that. >> harry reid taking to the floor of the senate. all of them are lies.
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do you agree with that? >> congressman, i did not hear what senator reid said. they are antidotes of lots of people. stuart: she did not hear what he said. even when she is told, she diverts attention from answering the question. sandra, liz, i think that she should be fired. >> the administration has ignored the problems that obamacare has encouraged. she cannot answer the questions and she still has a job. liz: the ceo said that they did not know what was going on. i think that it is long past due that the madame secretary should step down.
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they face fatal illnesses due to obamacare. senator reid did that from the senate floor. see to that is part of the war on women. the left says it is a gop that is leading the charge. is that really the case. john stossel says this. >> it is not fair. >> one in three women is living on the poverty. stuart: all right, john. address this head on. women earn $0.77 on the dollar. your products would sell for
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less. you two are both women. >> sandra and liz. i figured the camera would hit you. you can get rich because your workers would make less. it is nonsense. obama's on labor department says the number is close to $0.95. most of it is because women make other choices. they may be smarter and preferring more of a family life. obamacare solved it. it is supposed to be insurance. insurance should reflect cost. women go to the dr. much more often than that. we men pay more for car insurance.
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>> insurance is all about risk. >> you are totally wrong. >> yesterday we discussed banning the word bossie. roll the tape. >> went a little girl is called bossy, they are saying a nasty, tyrannical unyielding little girl. stuart: first we will get john stossel's comment on that. >> i think sandra has a point. it is a sexist world. i think if you call a girl
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bossy, she is less likely to be a boss. >> it is okay if you are a way to be bossy. [laughter] stuart: what time is your show on? >> 9:00 o'clock. stuart: an invention of the left? >> it is an all woman show. stossel on the fox business network. here is something you do not hear every day. the real halftime report. we will have that in a moment. ♪
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...you'll bust your brain box. ♪ all on thinkorsm from td ameritrade. ♪
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♪ stuart: ali baba is the chinese version of amazon. 95% certain it will choose new york or hong kong when it goes public with their ipo. no date on when it will happen.
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look at this. microsoft no longer subsidizing the old xbox 360. now it will cost you the full $300. look at microsoft. down $0.35. united airlines launching a new entertainment system. it starts next month. the new platform not available for android or windows. look at united stock. $24 a share. the real halftime report is next. ♪
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stuart: it is time for the real halftime report. joining us from chicago, larry levin. looks like for losing days in a row. what happened, larry? >> we really have not seen that in a long time. we talked about a correction. it really was not anywhere close to that. we will finish down today. stuart: what do you think may turn this around?
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>> a couple pieces of good news. when you have things coming out of russia, people are just a little bit spooked right now. i think we will see a recovery next week. stuart: i want everyone to weigh in. we want 16 companies. we want to know should priceline and tesla be included. are they tech companies. let's start with priceline. tech company or not. >> yes. it is definitely a technology company. >> yes. stuart: local. >> yes. >> absolutely. it is a company created by technology. liz: yes it is a technology company. stuart: harder questions next
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time. i have to move on to tesla. >> it is in fact a technology company. the superchargers that they are putting. it is an important tech play. it is a game changer. >> i do not think it is a tech company until they start selling their cars online. [laughter] nicole: i understand the technology bases. i will lean towards no. i do not think it is a technology company. sandra: tesla developed technology to create products. yes, it is a technology company. stuart: will these two companies be in our final 16? sandra: so far, yes. maria: you will put it in the tech index anyway.
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stuart: in the next group we are looking at, we are calling it the dinosaurs. are they still relevant enough to get into our final 16. hp, intel, cisco, adobe. >> hp, no. intel, honorable mention because of what they are doing with agro processors. adobe, yes. what was the fourth one? stuart: cisco. >> cisco is interesting. i would say no. i would like to see how they do. i would like to see a little bit more progress. stuart: come on in, larry. >> i think that they are just old companies. liz: i agree. they are all technology companies. all dinosaurs. sandra: hpl. and tell for sure.
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nicole: i love how you make everything about microsoft. [laughter] intel and adobe definitely. stuart: that leaves eight spots for our bubble teams which also include big names like ebay and ibm. make sure you tune in on monday for what we call the final brackets. i hereby do claire the real halftime report. thank you, everybody. my how times have changed for kodak. remember them? trying to turn things around. our market watcher says this is a move in the right direction. are you buying kodak stock here?
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>> i am not buying kodak stock here because i want to see what the new ceos actual game plan will be. he knows this space really well. they have a huge customer base. they together have global space of 100 billion. i would like to see two quarters of solid data. i would like to see how they execute before i am a buyer. it is definitely on the short list on my radar screen. stuart: it has been a long time since anyone asked me about kodak stock. thank you very much, indeed. i have to take you back to the big board. we are getting reports of tension rising in ukraine. that may be part of the problem we are seeing. president obama keeps on rolling out the celebrities and support of obamacare. it would help if they could get
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♪ stuart: lance bass is a former member of a boy's band. he was in d.c. to help the president support obamacare. lauren simonetti has details on this one. >> celebrities and washed up celebrities helping obama gain. talking about health care.org. this is what he tweeted instead. i have been dealing with too many charities lately. what charities is lance bass dealing with? stuart: did you say he is a washed up celebrity?
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the victims who are liars. the president -- you remember this -- the president met with a impersonator in the office. i say he is actually reaching the market. >> not making great decisions. >> lance bass is so like 10 years ago. stuart: is he really? >> justin timberlake, maybe. >> i like his music. >> i did get some tweets from
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people. stuart: not getting people to sign up, but he is reaching real people with a message to sign up. >> you do not need to go out and reach out to lance bass. stuart: your take on president obama's latest executive order is next. ♪
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nascar is about excitement. but tracking all the action and hearing everything from our marketing partners, the media and millions of fans on social media can be a challenge.
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that's why we partnered with hp to build the new nascar fan and media engagement center. hp's technology helps us turn millions of tweets, posts and stories into real-time business insights that help nascar win with our fans. ashley: we got hate mail. yoga does not agree with my comments on raising overtime pay for salary workers. he says that is rich coming from someone who has never run a business or had to make a payroll. you are wrong. sean was very critical of my morning video. he says if you don't like it go
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back to britain. point taken. near the lows of the day, rising tension in ukraine once again, that is part of the blame, and china banks cutting loans by 20% to some industries. that is a big deal i believe. liz: we saw china banks pulling back on things underperformers like steel mills in china and that would hurt australia's production. sandra: there are major concerns that the china story is not coming to fruition that so many people were banking on for years if not decades. ashley: what would charles payne say? buying opportunity is what he would say. stuart: cheryl conlan adam, it is yours. cheryl: we will answer the question of what is going on with the markets today. a lot of good ideas. adam: don't go back to britain, stay in the united states.
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adam: into thin air, new questions about the disappearance of the malaysian airlines flight, the confusion as the '40's and radar reports on the plane's possible location and the outlandish conspiracy theories which are now emerging. adam: retail sales surprise as consumers hit the stores in february. the good news isn't boosting the stock market. we are sitting at a session lows, the dow down 162 points despite the good news we got. adam: ever changing general motors timeline, what the automaker says about the question. adam: no overtime rules could lead to more jobs. we had an exclusive interview coming up with kevin ready, in restaurants in the middle of the storm. that will be great. ashley: we willthe idea. adam: the nt

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