road in outer space. elon musk is gunning for everything in between, raining on their parade. seattle's record downpour is fitting symbol of the mayor's push for $15 an hour minimum wage, a complete washout. a bitter wage dispute has them shuffling off in buffalo. why the buffalo girls cheerleaders are throwing in their pom-poms and complaining they didn't get a fair shake. even when they say it's not, it is always about money. melissa: elon musk is a game-changer. he is up underred the electric car industry with tesla motors. his other ventures, spacex is the first private company to send a rocket to the international space station. now he is at it again. this time he is taking on the defense industry. so should companies like boeing and lockheed martin be worried? joining me now, charlie gasparino, jack otter of

"barron's" and jonathan hoenig of capitalist pig hedge fund. jack, what do you think, does he have a shot at this one? >> i think he has a shot but problem with jumping on this, assuming the defense department says, sure, anybody can send a satellite off with top security. this is -- melissa: he made it into the space industry. no one thought he could do that. this seems easier. >> i think he is capable technologically -- melissa: he got the contract. he convinced them to give him a contract with spacex? >> this is highly sensitive stuff. they want to make sure he is a good relationship and doesn't turn into edward snowden guy on the. >> look at phil falcone, that he went through with lightsquared and how he thought he had approval, from i think it was from the justice department to get that part of the satellite and he didn't. and it screwed up his whole business model. when you deal with the government it is very touchy.

listen, he is not betting the ranch. that was phil's program he bet the ranch on that business model. he is not doing it here. listen, i appreciate the guts. you know, i think it's a roll of the dice. melissa: jonathan, what do you think? he has a lot of support and a lot of confidence behind him. he has done the unthinkable several times already. >> i think charlie is right, he not only has the guts but vision, melissa, doing unthinkable. i saw video of spacex rocket take off and really land itself this is technology. this is iconoclast and dreamer. you don't bet against him. to charlie's point dealing with the government, often times your success is dependent on the government. if theophrastus space travel you would see musk's fortunes expand. melissa: for the taxpayer, isn't this great, more competition. >> absolutely. >> of course it is great. the government hates

iconoclasts. that is the whole nature of regulated industries. >> it might force boeing and general dynamics to watch the bottom line a little better which would benefit us. >> yes. melissa: absolutely. he is a game changing ceo. more news on musk today. we found out he took a dollar salary last year. that is totally symbolic because he has the stock. that is how he makes his fortune but it is still meaningful. a lot of guys take big payouts in the salary in addition to everything else he is getting. he is a smart guy, jack. >> he seems like he is really enjoying it. whether he inventing something cool or sticking a knife in the established people. i think he has a great time of just disrupting. melissa: jonathan, what do you think about the stock? shares of tesla up more than 275% over the past year. you know, 500% basically over the past two years. getting it, we're leaking at a chart right now, getting slammed today. down about 4%. is there an opportunity in that selloff? >> it is not one that i'm invested in, melissa.

but, everyone benefits from those who are speculating and musk's exploits himself. he is really a wealth creator. pushing the boundaries. i think to the panel's point, even if you force the other competitors to watch their bottom lines to improve their efficiency everyone is the benefit that from free market competition. melissa: he is introducing competition into that. guys, thanks a lot. lots of red on the screen with all three major industries trading lower. pushing some stocks well into negative theirer to. andrew keane, a trader at cme. what do you feel like is behind this selloff today? >> well the selloff i think has to do with russia but earnings is another story. visa is one name i look at. these stocks that were the darling stocks for 2013 around couldn't do anything wrong are getting punished on earnings. facebook at unbelievable earnings. the stock went up to $64, but now it is trading at 5dollars. even with good numbers they sell off. the chart of tesla looks like

chart of pandora, linkedin, visa. visa could hold 195 it might be okay. the stocks are getting pounded, good, bad or neither. melissa: is it meaningful that you have this kind of sentiment going into the weekend? i mean it is pretty negative. >> yeah, until we get turn around tuesday. we've been up every single tuesday except for once this whole year. friday we see pressure. people don't want to hold the long positions over the weekend f you're risk manager at end of the day, taps you on the shoulder you can't hold them this long. i wouldn't be surprised if we close on the lows. this is temporary thing i think once again. every time we look go up to 1900 in the s&p 500 futures we see the selloff. today's selloff is pretty orderly. i think we could selloff to the lows of the day. i think everything gets solved in russia but i think market will get higher. melissa: great analysis thank you so much. major fallout from michael lewis's book "flash boys," high frequency trading firm virtue

suspended its ipo. charlie gasparino has exclusive details from what is going on behind the scenes and when the firm may go public. what are you hearing? >> silver lake is the private equity partner. what source, tell fox business network, silver lake is pushing them to still do the ipo. viola is merely waiting, quote, unquote, for market conditions to improve. what does that mean? hysteria following "flash boys" and when investigations started when that calls down, they want to cash out. i don't know if they get the same valuations. they valued at two billion but they clearly want to cashout. quite interesting, virtu pulled the ipo when goldman sachs told viola there is no notable price because the is tear yaw. from -- hysteria from someone close to the company. when volatility changes they think they can do this. there are investigations going on. hft firms, high frequency trading firms that have been subpoenaed, particularly by

new york ag eric schneiderman, the subpoena read like it was written by michael lewis. it came straight from the book. questions straight from the book what he raised ag asked. this is other thing that is interesting a positive for vinnie viola, he and none of the major hft firms. have been contacted by fbi or doj remember eric holder -- melissa: how is that possible? >> we were first to report on fox business networks that preet bharara, district attorney for the sound district was looking at high frequency trading. he is not focusing at least on major firms. he is look act smaller players. melissa: what do you make of that he would be looking at smaller play officers. >> maybe they have studied this well enough, first of all nothing is illegal. it might be a case, hey, if i were god i would change the rules but what they're doing is legal. maybe some smaller guys are conduct corners. from the perspective virtu, it is a profitable firm. i think they just ought to lay low. i understand silver lake wants its cash but let it blow over. melissa: are we sure silver lake

is pushing for this. >> yes. melissa: it doesn't move the needle for them. >> that's what private equity does. it pushes for profit to move out. melissa: but privately couldn't they exit some other way? they don't have to go public. they could wait another year to things calm down. >> they have to go public. they have to go public. >> they're looking at the market. there are worried that the market -- melissa: go ahead, jonathan, weigh in. >> certainly current conditions, the dow down another 150 points today. the current conditions are not great for ipos of any sort but charlie's reporting has been unsurpassed and specific allegations from the new york attorney general from all these regulators, melissa, unquestionably changed environment for all these hft firms and it's a real shame because they're tremendous benefit not just for private equity owners but all of us. they bring trading costs down and improve efficiency. >> i agree with you one hupp%. maybe you do too but we are lone wolves here. if you talk to most journalists they think this is worst than the bubonic plague. when you talk to high frequency

trading firms, people at firms, my sources are at the firms, this is first-hand knowledge, they will tell you they are actually more worried about sort of market, commercial backlash as opposed to a regulatory backlash. they don't, vinnie viola -- melissa: are they seeing evidence of that? >> they operate in what is known as black pools, the smaller markets around the country and around, that operate as the stock market right now and those are run by big buyside players and people like goldman sachs, they may come in an change the rules of the road before eric schneiderman does. melissa: charlie gasparino, always breaking news. we appreciate it. thanks to all three of you. the housing rebound that isn't. new evidence rising rates are taking the wind out of the recovery's sails before it even gets up to speed. new yorkers are not exactly known for their patience but that is not stopping animal lovers from waiting for over an hour to get into the city's hottest new spot? what? we'll take you inside the first-ever cat cafe.

yes. cat calf fav. more "money" coming up. ♪ i've always kept my eye on her...

but with so much health care noise, i didn't always watch out for myself. with unitedhealthcare, i get personalized information and rewards for addressing my health risks. but she's still gonna give me a heart attack. that's health in numbers. unitedhealthcare. for $175 dollars a month? so our business can be on at&t's network yup. all five of you for $175.

our clients need a lot of attention. there's unlimited talk and text. we're working deals all day. you get 10 gigabytes of data to share. what about expansion potential? add a line anytime for 15 bucks a month. low dues... great terms... let's close. new at&t mobile share value plans. our best value plans ever for business.

dierdre: breaking news. all three major indices losing ground. consumer discretionary is hit the hard etf. technology as well. only utility is moving higher now. demand for home loans lowest level in 14 years. 58% drop from last year alone. could this be building signs of trouble for the housing market? we have hilary kramer. tom frost. and jonathan hoenig of capitalist pig hedge fund. that is pretty staggering that is a big drop in loan demand. what do you make of it, tom. >> it doesn't really surprise me. think about it. we had historically low interest rates for so long now. and, anybody in the world that wanted to refinance is probably refinanced over last -- melissa: no refinancing left. still low though. if you look at 30-year fixed, it was 4.5%, up from 3.6%. still low, hillary.

>> it's low but the problem, melissa, is that home prices have risen so much, especially homebuilders, they tried to jack up the prices but there hasn't been wage inflation. there haven't been wages rising. no one can afford to buy a home. plus four million rental units are on the market but there are two million less homeowners and four million more renting. the numbers won't work until day comes when home prices drop. melissa: jonathan, do you agree with that analysis? >> the whole market itself, the whole market for homeownership, melissa, is dominated by government. that is making it not only distorted but more confusing. the cfpb, the consumer financial protection board, release ad survey, that consumers find mortgage documents consuming, complex, difficult to understand. i think people to some extent learned lessons our own government haven't learned. they don't want to become overleveraged again. they don't want to borrow and put themselves out there.

melissa: pew research study that investors think better investment is real estate, ahead of the stock market which is up 175% since the low. you have housing up 11%. people still think that housing is a great investment. this doesn't seem to reflect that hillary, go ahead. >> the problem is that, again, people just can't buy, but they can't bet the loans. it is impossible. melissa: can't qualify. >> have a 1099 rather than a w-2, no way they can qualify to receive a loan. even if they have assets to back it up. who has assets to back it up? that is the problem. the banks don't care. they got the money but not helping main street. the same story over and over. melissa: they get criticized either way to be fair. >> they are not helpful. >> just going to say, hillary, why is that a bad thing? that is the reason we're in the mess we're in today. >> but the pendulum has swung to the other direction. i know people, they have jobs. they're working hard. they're saving money and they're not qualifying. you know who is qualifying? from the private equity fund are

many nothing and buying homes and renting them out. >> and the reason -- melissa: jonathan, last answer, real quick. >> and the reason that we had the financial collapse to begin with, specifically the real estate collapse, melissa, was because of government intervention. not only low interest rates that hillary talked about the presence of fannie and freddie, five or six years later, fannie and freddie are still major parts of the mortgage market. that is why it is stalled. melissa: we'll leave it there. thanks, guys. from the u.s. to every corner of the globe money is flying around the world starting in switzerland, national carrier swissair is the world's first hypoallergenic airline. it rye moved all fresh flowers around completely changed pillows and offers gluten-free meals. don't expect to find any fancy soap in the bathroom. you will get plain unscented stuff. that makes sense. over to china where burberry is targeting well-heeled

consumers, opening a virtual storefront on alibaba's site. this is first tie-up with luxury western brands. online shop something exploding in the country with nearly 300 billion worth of merchandise brought through the internet last year. land negotiate u.k. where rbs has given up on its plans to pay bonus toss bankers that were twice the size of salaries. the u.k. treasury still owns 81% of rbs still. they say that there will be absolutely no pay raise because the bank still has a long way to go in its recovery. so there. detroit's bankruptcy picking up serious steam but major gap in revival plans could derail the city yet. plus the buffalo bills, feeling little less spirited past getting sued by their own cheerleaders. should teams pay up and get their cheerleaders minimum wage? tweet me and tell me what you think. do you ever have too much money? ♪

up. a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're raising the bar on flying and tomorrow we will up it yet again.

predibut, manufacturings a prettin the united states do. 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.

xfinity watchathon week was the biggest week in television history. but just when you thought it was over... what now? with xfinity on demand you can always watch the latest episodes of tv's hottest shows. good news. like hannibal... chicago fire....

...and bates motel. the day after they air. xfinity on demand. all the latest episodes. all included with your service. it's like hi-fiving your eyeballs. xfinity...the future of awesome. melissa: tech alert. the -- stock alert on fridays we're betting use to it. the nasdaq really "the biggest loser" on a percentage basis, down by 2%, dragged down by shares of amazon, facebook, sirius, twitter and zynga. i want to show you pandora as well, it is getting slammed over at new york stock exchange. as long as we talk about tech, let's show you that one. a big loser on the day. a lot to watch here. meantime a historic vote for northwestern football players on whether or not to become the first college team in the nation to unionize. fox news's mike tobin on campus in evanston with the latest,

mike. >> reporter: the poll is closed. the ballots have been impounded. the university campaigned hard for a no vote but in the face of allegations that pressure from coaches, administrators and alumni on these players, ultimately amounted to unfair campaigning the university gives a big denial. >> simply not the case. it is just not true. our, our position really has not changed since the first day that this began back in february. >> reporter: we will not know the outcome for months. those ballots were not counted before they were impounded. they will remain secret until the full nlrb can hear an appeal to a ruling from the regional nlrb. that was the ruling that gave players the ability to form a union. today's vote is about whether they want to form a union. one thing we got from the university there is momentum afoot for change in college

sports. the real question whether that change should come in the for of a players union. back to you in new york. melissa: mike, thanks so much. meanwhile the buffalo bills cheerleaders hanging up their pom-poms thanks to a spirited legal fight against their own team. the so-called, buffalo jills, are suing franchise over wage theft and mistreatment. the lawsuit called cheer liters to go on indefinite hiatus. here to cause a business coach, jenn lee. feminist hero, charlie gasparino and sports attorney steve olenick. >> i love cheerleaders. what can i tell you. i brought my pom-poms. i'm not sure what i meant. always in support of the dallas cowboys cheerleaders. melissa: yes of course. what kind of a case do they have? >> all depends on whether they're independent contract or classified as employee. melissa: they're independent contractors, right? they signed a contract classifying themselves as independent contractors. >> this is the whole suit whether they're an employee or independent contractor.

if they're independent contractor, zero suit. melissa, done with this but for the buffalo bills, pay them and move on this. is small money. melissa: but wait. i mean it's, it's a law of supply and demand. we see this battled out everywhere with all the different cheerleaders. i grew up in l.a. where there were laker girls. they paid them $20 a game that didn't cover parking to do it. they were beating down the doors. it is not your real job. do it however much. you have exposure. everybody sees you. there are other reasons for doing it. as long as they're lining up to do it for, basically no money, why should the team pay otherwise? what do you think? >> agree completely. thousands of them go to the tryouts because it is great exposure. i had girlfriend as orlando magic cheerleader. was great for my other business. she was hair dress every. it is exposure for opportunity and career builder. melissa: if you don't like it don't do it. >> i'm siding with ladies. no matter.

make your case because we're not making their case. >> four ladies have to walk around in the skimpy shorts and they should be paid for that. >> rifle. >> right? melissa: that's it? >> that's it. we're done. melissa: normally you can't shut charlie up and that is it. to see them to help them out. >> if they are classified as employees there is a legitimate legal lawsuit. >> lyme going to be serious here. i sign a contract but i'm an employee of fox. >> correct. >> there are people who do sign contracts though that are independent contractors. and i don't, we don't know the specifics of their contract. that is the whole -- >> they are independent contractors? >> yes. >> for sure? >> yes. >> then they got no case, right? melissa: help charlie a little bit and make the lady's side. dallas cowboy cheerleaders bring in extra million dollars. people come to see them everything around them. should they not share the money. >> that is the argument that the college football players are making as well. yes, we do get an education.

melissa: i helped you out. >> but i want to side with the ladies as much as i can. we do get an education but we're part after huge business. we deserve some part of that business. melissa: cheer leaders is the same thing. >> same thing. melissa: they're generating revenue. >> that's what they're saying. cut a better deal. go on strike. >> that is the whole point. >> hit the scabs with your pom-poms as they walk the line. melissa: that's it. that is all the time we have. >> and more. melissa: wage rates. seattle facing backlash on plans to double the minimum wage to $15 an hour. speaking of seattle, somebody at starbucks is making it rain today. the coffee chain's latest plans to get you to order lunch there. "piles of money" coming up. ♪

in seattle becoming a cautionary tale for the rest of the nation which mayor mary admitting his plan to raise the minimum wage to $15 is floundering after serious resistance from local businesses. could this be a sign of growing backlash to extreme wage hikes? hillary, what do you think? >> the problem is companies today are trying to cut so many expenses but then you have employees who are demanding these higher increases. in the case of seattle 60% increase is too much too soon. governments should take care of health and make sure the welfare employees but the governmental system should just stay out and we will find equilibrium between employers and employees naturally and if we keep having

a self-imposed government directive all we will end up with is less people employed. melissa: the new york times argues seattle's publicly and electricity suddenly announce 61% rate increase on households that people would take to the streets. >> it is a big problem here and everyone can agree wherever you are on minimum-wage they overreach. 60% of haven't got the 60 gazette raise recently, don't know about you guys. melissa: looking for that in the next contract. >> i would push back on the minimum wage issue a little bit. it has been studied extensively and they found a joining counties, one county in a state where they raise minimum wage and another is not don't see a big difference. i don't think small minimum wage increases are difficult. this one is too much. melissa: they look at sea-tac in neighboring community, raise minimum wage cost of $15 in november, we had the mayor on the show when this was happening, she said it is all

gone. that is the community right around here for so they obviously have a much tighter labor market to get people to go to the airport and work in concessions. it works in neighboring communities so that is what seattle was looking at. what do you think? >> wages are not arbitrary. they are not paid because you feel badly for employees or you like your employees. they are based on economic reality. the businesses in seattle as a lot of places run the country are standing up and saying if we pay an employee who is worth $6 or $7 and our $15 an hour we are going to go broke. all these efforts raise the minimum wage will not better anyone's life, they will hurt, low-skilled employees who are just trying to move up the ladder. these types of rules make it more difficult and create less well for everyone. melissa: that point was made by asian and latino business owners who wrote a letter saying immigrants would be the first to lose their jobs under the mandate. many family restaurants would be forced to close but arguing the

other side that is exactly who you would expect complain would be the business donors so is not a surprise their lobbying for this. >> of course business owners don't want to pay higher minimum wage but they don't have a choice. let's take a big business, a company like walmart. if walmart had to pay everyone $15 an hour in an unreal world that would be wonderful but walmart might go out of business. >> people on the show in the area have chosen to pay $15 an hour and say i chose to do this and i have fewer employees as a result they are better employees and i have less of them so there's a trade off no matter what. thanks to wall three of you. signs of hope for detroit in emerging due in large part to the city's emergency manager, kevin war. rich edson spoke exclusively with him earlier today and he joins us now. what does he say? >> he is confident and koses. he secured the support of key

retirees and creditors. the emergency bank of the deal fell faces opposition. investors who bought certificates of participation in 2005 are resisting the plan. the joy of managers call the debt offering a sham and are offering lower recovery rates. the city will likely need some supervision after it emerges from bankruptcy. >> i don't know if there should be a manager that made me be someone with sort of an impartial observer but i think it is the market standard, whether it was the d.c. control board in d.c. or the municipal assistance corporation in new york they have to have opposed emergence oversight at various levels, levels and independent, levels that the state and the court because this is the federal process. it is not uncommon for courts to retain jurisdiction going forward so is expected there will be a level of oversight. >> the obama administration rules out a direct bailout for detroit federal government has

directed millions in existing federal funds to the city. treasury secretary jack lew is touring the detroit highlighting the administration's spending in the city. this week's treasury says the city began using $52 million in federal money to remove abandoned buildings. melissa: very interesting. thank you for the update. a big story. there hasn't been this much buzz over coffee shop in quite some time. a cafe has landed in new york city. attack cafe. they need to get a wild response. at the end of the day it is all about money. life's an adventure when you're with her.

and it always has been. but your erectile dysfunction - it could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in blood pressure. do not drink alcohol in excess with cialis. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, seek immediate medical help for an erection lasting more than 4 hours. if you have any sudden decrease or loss in hearing or vision, or if you have any allergic reactions such as rash, hives,

swelling of the lips, tongue or throat, or difficulty breathing or swalling, stop taking cialis and get medical help right away. ask your doctor about cialis for daily use and a 30-tablet free trial. melissa: melissa frances with your fox business brief. the biggest tech firms in silicon valley have filed a class-action lawsuit by local workers. 60,000 people had accused apple, google and others of agreeing not to switch workers to suppress pay. terms of the settlement are not yet known. burger king reported better than expected profits last quarter largely due to cost-cutting and new restaurants overseas. u.s. sales grew just 0.1% despite a refreshed menu. same-store sales jumped 2%. hedge fund manager john paulson

had high hopes saying puerto rico could become the singapore of the caribbean. reports say it is halting plans to invest $1 billion over the next two years. that is the latest from the fox business network giving you the power to prosper. ♪

[ girl ] my mom, she makes underwater fans that are powered by the moon. ♪ she can print amazing things, right from her computer. [ whirring ] [ train whistle blows ] she makes trains that are friends with trees. ♪ my mom works at ge. ♪ melissa: only in new york

adopting a for a feline friends, why don't you think on it over a hot cattucino. the first hat cafe in the united states, cured yet is teaming up with north shore animal league to of those little guys find loving homes. joline kent excited to give us but for. it is so crowded. >> it is. it is a little hard to find the cats. we are at america's first catch cafe and it has been very popular in tokyo and paris and now in downtown new york city so i will introduce you to nike robertson. tell me about why you guys started and how much you are investing in it? >> we can't talk about that but we are here to encourage this.

making it easy. >> for 28 days. >> you guys are here for a fake advertisement but also, how do you hope to reach your audience better with feline friends in new york city? >> advertising perfect pictures of cat health. with these they are happy, healthy, and being with a class today everyone makes a friend. >> we are here on the north shore, you are holding who? >> this is bunny. this is a sweet 1-year-old cat, she has gotten adopted this weekend, going home on sunday. >> move around a little bit and see what it looks like. we have a hundred people here

and 16 cats. how many have been adopted so far? >> we had ten adoptions. we are having a large adoption event, a bunch more cats that will be available for adoption. all these guys -- >> what is it like for the cats to be with all these people? it >> it is overwhelming but for the past couple weeks at north shore we are having them interact with a lot of people and living on the habit and together they have gotten to know each other and have been really good. a lot of love and attention. >> why not a dog cafe? >> the maker of cat food, we want people to see it is easy. >> can you hear me? it is cafe. i they serving coffee or just

cats wandering around? what else is going on? >> is difficult, cats running around everywhere and cafe out front and people want to join me. you have been waiting for three hours to get in. how is this working? >> why did you wait three hours for a cappuccino? >> i waited. north shore animal league -- i thought it was really cute. >> thank you for joining us. maybe you should come on down and check some out. >> thanks to you and everyone down there. hillary kramer. she waited three hours. the reason we wanted to bring

this to you is there are people lined up around a block waiting three hours to go inside to maybe adopt. what do you think it is like in there? >> i wouldn't want to be -- it is one of the only ways, so many animals don't have homes. that kind of event brings in the spotlight this >> three hours to go in. >> the last trading day of the week we had liz claman, markets struggling here. >> i love cats. markets are struggling but some power is not. for anybody out there who counted out or dismissal energy, you missed out on making money with power. the stock up 7% but up 160% over the past year, what is going on? suddenly a hot industry again.

for some it is lucy e. o tom warner speaking with us live, the second-largest oil company but still very big in both residential and commercial. what is the secret to their success? can your industry spend in the near future without government subsidies? that is important. and the superstar chef rocco, so successful on so many levels and now he is writing, that is not him, the number one best-selling diet book, there he is, a pounded a diet but he has managed to not only do well with books, have 1 bestsellers but restaurants and businesses, some of the clients, it is a good business story from many angles. >> you had me at how the day, summer is coming. i'm going to download that my ipad. thank you so much. live less expensively. taco bell's of scale look, you can never have too much money. i've always had to keep my eye on her...

but i didn't always watch out for myself. with so much noise about health care, i tuned it all out. with unitedhealthcare, i get information that matters... my individual health profile, not random statistics. they even reward me for addressing my health risks. so i'm doing fine... but she's still gonna give me a heart attack. innovations that work for you. that's health in numbers. unitedhealthcare. hi, are we still on for tomorrow? 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. humans. even when we cross our "ts" and dot our "i's", we still run into problems. that's why liberty mutual insurance offers accident forgiveness with our auto policies.

if you qualify, your rates won't go up due to your first accident. because making mistakes is only human, and so are we. we also offer new car replacement, so if you total your new car, we'll give you the money for a new one. call liberty mutual insurance at... and ask us all about our auto features, like guaranteed repairs, where if you get into an accident and use one of our certified repair shops, the repairs are guaranteed for life. so call... to talk with an insurance expert about everything that comes standard with our base auto policy. and if you switch, you could save up to $423. liberty mutual insurance -- responsibility. what's your policy?

melissa: on wall street remain street here is what is making or losing money, losing money anyone who owns kilowatt. shares of the online retail giants selling off after reporting earnings yesterday. they are down 9%. earlier this week we told you ceo jeff bezos has a network of $6 billion. not anymore. he owns 84 million shares of amazon which means he is losing $2.5 billion today. also losing money bank of america's former finance chief

joe price is going to pay $7 million under a new deal with new york's attorney general, that ends a long-running legal battle alleging the bank misled investors over mounting losses at merrill lynch. mr. price agreed not to serve at any public company for 18 months and making you spend more money this tennis season, wimbledon doubles the price for a guaranteed feet at center court to $84,000 so that means you have a place to set for the next five years obviously it is worth it. $84,000. off session lows, nicole petallides on the floor of the stock exchange. you are watching bank of america, the department of justice probing mortgage-backed securities practices as well. take it away. >> there's a lot going on. friday afternoon, you would

think people would be wrapping it up. the dow is down 141 points, 25 points off of the lows of the day but the sentiment has been to the downside the nasdaq down 1.6%. concerns about ukraine down for the weekend of 3 major average less with the moves we are seeing companies like mcdonald's squeezing out gains and in to land goldman sachs. let's get to banc of america. the fact that there are reports the justice department is looking into $13 billion of banc of america to resolve these investigations. you have analysts saying these pullbacks in bank of america could provide a good entry point into the stock if you are one of the people who believes in bank of america, saying you may see it sell-off in the next few days but you can see stock under pressure.

melissa: time for a little fun with spare change, taco bell said its will want to brace yourselves because your beloved mexican standby is putting on merits of a new fast casual restaurant that will cater to the millennial food crowd. marketing maven brewster, what do you think of this? u.s. taco company, i love it. >> i have to say i finally understand why you invite me back uses to announce today i made more money today than jeff bezos. maybe now i can afford their upscale restaurants. i and this and why they are doing it, moving into a slightly higher state is important because a lot of consumers are trading down meaning they are not eating fancy but wanted better experience. i get that. what i don't understand is that name. are they trying to remove the mexican from mexican food? i don't understand why they

think u.s. with taco denotes upscale dining. makes no sense to me. melissa: didn't even think of that. young executives admit they are going after the food crowd, the type of people who take pictures of their food and post it right away. getting this through? >> the great thing about this group is they are experimental. supposedly came out with the same product at a slightly higher impression and it worked so i don't think there will be a problem getting people in there. whether they will stay on not depends on a lot of things. melissa: they think the next frontier is lunch, trying to get people to come in for lunch. will this work. is hard to think of anything but coffee and breakfast. >> what starbucks sells is not coffee. starbuck sells what they call the third place, yesterday you had three places in your life,

your office, your home and your church, your club, your country club, people don't have that anymore so starbucks provides that. we need a place to meet, we will meet at starbucks, we will gravid at starbucks. what adding lunch does is now moved out business into the lunch meeting business. let's go to starbucks, we can grab lunch when we are there. it is a smart move and they will open restaurants. >> tensions mounting ukraine has russia piles on the pressure and the border in ukraine, the prime minister is issuing a stark new warning to world investors. watch this one. more money coming up. a tall ord. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything

from booking to baggage claim. we're raising the bar on flying and tomorrow we will up it yet again.

melissa: ukraine unrest continues, 40,000 russian troops preparing for action. joining us with an update is

foreign correspondent leland bitter. >> in the past 24 hours or so the ukrainian military began taking a stand against these pro russian separatists but it appears they are taking more baby steps as they try to move against their strongholds. it is spinning out of control. >> the ukrainian air force has been flying helicopter gunships overhead all day in combat, air patrols and ukrainian military truly making an effort, checkpoints along the highways, armored personnel carriers, men checking the cars, dug in sandbagged positions. the question, ukrainians have the order to contain the pro russian separatists or are these guys over here clear the special operations forces being ready to move in against the pro russian separatists who have taken over a number of buildings and that in to retake a number of the city's. >> of big wild card here is the

russian military which has 40,000 troops on the ukrainian border poised for action. vladimir putin said he is willing to use force to protect his interests inside ukraine and protect russian citizens inside ukraine. whether or not today's attack by the ukrainian military gave him a pretext to invade we should know sometime next 24 to 48 hours as this develops. melissa: market's getting hammered for this one reason. >> absolutely. we on the street don't like uncertainty, conflict or anything that can impact commodity prices. ukraine, russia, oil, it is about everything that has to do with money. melissa: we want to remind you we are looking at markets, very rough day, the dow is down 144 points, we are near session lows. the nasdaq and technology has been getting hit very hard

today. consumer discretionary, keep your eye on it and you need liz claman to take you through the final hour of trading, countdown starts right now. liz: profiting from the power of the sun. those who counted out solar getting burned as it proves to be a huge winner for sen power, one of the largest solar panelmakers in the u.s.. upwards of 160% over the last year. we will ask the ceo live how he managed to president what is ahead for the green energy industry. surge stocks, 800,000 subscribers and the startup hazmat $60 million in new funding. we sit down with the ceo in a fox business exclusive to talk about expansion plans including the new brick and mortar stores, to make up cable and