tv MONEY With Melissa Francis FOX Business June 12, 2014 2:00pm-3:01pm EDT
11:00 am
$3 million in the company, sold its stake for 22 million or seven types investment. original investors have made as much as 30 times their original investment so far. we turn things over now to melissa francis. "money" starts now. melissa: all right. thanks so much. not ruling anything out. president obama considering action as the situation in iraq really starts to crumble. wall street watching this one closely. stocks losing ground right now. we're down 110 points. oil jumping to a nine-month high. a lot of concern here. facebook upping the creep factor. the new plan to target you with ads, even when you're not on the site. care for a can of fish bladder or anti-trees? we're topping the pop in this hunt to find out exactly what is in your beer. even when they say it's not it is always about money.
11:01 am
melissa: situation in iraq really es can lating after sunni militants surround the largest refinery. president obama said this earlier. >> we do have a stake in making sure that these jihadists do not get a permanent food hold. melissa: we have todd schoenberger, fox business's and "wall street journal's" veronica daguerre and tom sullivan. >> iraq is 2 1/2 millions barrels a day. melissa: 3 1/2. >> i never asked them as a -- considered them a major players specially for our company. i think as far as pricing this is temporary blip only for traders. >> 150 billion are in reserves right now. this is a country, you have to worry about because here's a couple of things. 21% of our oil here in the u.s. comes from iraq right now. the last thing we want to see is that oil popping up higher.
11:02 am
>> a lot of main exporting happens in the south. they haven't reached that yet. that is still very much controlled by the shiite. as long as that is the case i think we'll see some of these short-term blips. but i think we'll be all right until they get to that point. hopefully they won't. melissa: that oil, specifically, the market is worried as well. this is not something out there, we'll talk to walid phares later in the show who had been anticipating this. not a lot of other people were focused. this is a whole new concern. >> melissa, here's the things. human beings are consuming 85 million barrels of oil each day. we're taking 86 million barrels out of the earth each day. eventually the numbers will crisscross. any supply disruption oil prices will pump. higher prices at pump and less discretionary income. >> how long? i see this. >> driving season. you could say that but. melissa: takes this whole thing to whole another level. >> who knows. trying to guess what he wants to do, i think they're having their own internal conflict what they
11:03 am
want to do. for us to guess is impossible. melissa: like an episode of "house of cards." outgoing house majority leader eric cantor gets ready to head out. the battle for his seat is heating up. turns out david brat has some hot competition. i don't know, so i don't know if you've been following this race very closely but now this race in virginia, is two professors bottling each other. republican david brat, versus democrat jack trammel. they both when you look at website, ranks them as professors overall, they both have one hot chilpancingo lee. they both have students who say say they're negativing. this is lighter side. >> i read some of the reviews, from students who got as, they said david brat was not easy but the other guy, and that is part of the problem here. the other guy, we don't know his name yet. melissa: right. >> david brat come from nowhere.
11:04 am
melissa: jack trammel. >> he has upward, like because it is also a republican district. >> this will be lighter side of thing. i'm sure it is getting pretty nasty in washington as people are jockeying positioning for cantor's job. this race will be interesting to watch. >> it will continue. melissa: all right, new reports say that golfer phil mickelson did not receive insider information prompting him to sell shares of clorox. mickelson is who have the hook for clorox trades he is not out of the sand trap for done foods. charlie gasparino's reporting right on. he is on vacation today but somewhere taking a victory lap. >> charlie thinks this insider trading stuff is difficult to deal with anyway. this isn't about insider trading. this is about media malpractice. "the new york times" is reporting that mickelson is getting investigated. fbi saying no he is not. he never dealt with icahn.
11:05 am
never even traded clorox. where did "the new york times" come up with the false information? melissa: they accosted him in public, right? at the golf course or airport, fbi agents. >> right off the jet. he was at teterboro. he came off the jet and they're right there. here is the thing, guys. talk about any type of congressional, when regulators get involved start looking at these investigations, it has to be hush-hush. the fact that was even leaked i think actually makes it out to be this was long gone a long time ago. melissa: long gone, maybe not about him. they were hoping to pressure him to give away something but he was never one actually in jeopardy. >> he never traded stock they were concerned about. melissa: right. but, there are still questions around dean foods. >> there is a lot of questions. but right now he has to focus on the u.s. open. >> somebody is trying to smear him is what i'm saying. melissa: maybe. that is interesting. all right, so amazon is getting its own music streaming service. stepping up against bigshots like pandora and spotify.
11:06 am
limitations could stop it right to the tracks. pretty late to the party. >> pretty late. they don't have universal signed on. a lot of releases will be six months late. these are not exactly knew songs of i think this is really a play to keep the prime customers happy. melissa: yeah. >> they saw their prices go up. let's add another service. melissa: getting crushed. look at amazon stock. >> buying opportunity. veronica is right. here's the thing. people want the music but don't want amazon users leaving prime. you want them stuck on kindle non-stop for everything, music video and everything and they're doing that. melissa: i'm a prime devote e. no matter how small and silly i go to amazon prime first. i don't have a kindle. i'm a math person. i don't know they make the transition with people like me to their other services. go ahead. >> i have a radio producer is the most frugal guy. watches every penny. he is a prime member because he makes it up at christmas with the free shipping. melissa: without question.
11:07 am
>> all this other stuff is icing on the cake. melissa: things for workout gear maker lululemon not working out well. i don't know if you've been following this. shares of the clothing maker dived to a two-month low after they dropped first quarter profit and lowered their outlook for the rest of the year. they have this battle going on with their board. the direct quote, i don't have it in front of me, their ceo was saying our parents are fighting and getting really uncomfortable. there you go. it's awkward. our parents are fighting and it is awkward. they have a lot of moving parts over there. how do you feel about that? >> internally that is not a good sign for shareholders. potential investor you don't want infighting. melissa: and publicly how embarrassing. >> absolutely. >> this board division doesn't look good to investors. makes people really nervous. it makes them wonder what the long-term strategy if you can't figure out with their own company. >> they have operational issues. their ventor is up 23%. they have to figure out how to
11:08 am
move the inventory out there. melissa: they have an outstanding product women love. i wonder if this is opportunity. women i know devoted to this brand, there is nothing like it. they are so devoted to it. i just wonder is there opportunity here when the stock is getting crushed? >> melissa, you're right. they're moving internationally and trying to target men. melissa: i know. you would look fabulous in little tennis shorts. telling you. >> every pastel color. [laughter]. melissa: wow, we need a photo of that one. speaking of folks who still got it, celebrating his 90th birthday today, president george bush, sr., parachuting out of an airplane, 90 years old! his 8th jump since his first in world war ii. this is as standing. -- astounding. what a feel good story. it worked out. i have to admit, i was very
11:09 am
nervous. >> member of the army with him. the fact he is 90 and parkinson's, jumping out of a plane. i have to respect that. >> everybody loves george hw, what you go to very end, they bring wheelchair with problems with his legs but he jumped out of a perfectly good airplane. >> still living though. this is testament for everybody. this is great. he is 90 years old. doing great things. challenging himself. melissa: i watched it live. i was very nervous. glad i wasn't on the air at the time. we've got to go. coming up, forget your relationship status. facebook is tracking you across the internet. plus they like big bags and they can not lie. new viral campaign, shaming travelers with a little too much young in their trunks. more "money" coming up.
11:11 am
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.
11:12 am
11:13 am
ford had been under fire earlier for inflated fuel economy on its c-max hybrid and fusion hybrid and it claims that it claimed beat toyota prius. ford identified the error with 200,000 u.s. vehicles. the stock trading lower. the whole market is lower. check out brent oil prices. we were talking about this at the top of the show. brent surging today to a new high for the year, above 112.40 per barrel. this is in london. you know it is surging at the nymex as well today. an executive shake-up at twitter. the company's coo resigning amidst of stalled music group. let's bring in veronica daguerre and tech expert. shelly. what do you think, shelly? >> twitter has a road map unclear. they have a user growth strategy that is unclear. basically a little bit of the emperor's new clothes. melissa: yeah. >> because of that we have a fall guy but i'm not 100% sure this will solve the problem. melissa: let's outline why he is
11:14 am
fall guy. he sold 300 shares of the stock. he sold about $10 million worth of stock or made a profit of $10 million at a time when the chief executive dick costollo, everyone, lockup expired. do not sell. sends the wrong signal. the guy is like, get to get out. he took the profit. do you believe that -- >> was untop popular move with employees and rest of management. that did not do him any favors. responsibilities were shifting to other managers before. that happens. maybe that spurred some of this on. the fact that twitter still needs to figure out a growth strategy, they haven't done that they have users but users who aren't using it. that is the problem. they don't have the active users. >> they have a real problem. one 9, 90 rule. 1% create, 9% contribute and 90% are looking at it. it is a news tool as opposed to communications tools.
11:15 am
because it is anonymous for all intents and twitter, the amount of fraud and not real bot traffic is so profound. people use it as medium and metric. there are a lot of things on twitter not true on other social networks. they have some work to do. melissa: facebook is now watching you. the social media giant giving advertisers more access to your data. when we were getting fed up and creeped out by facebook they're doing even more. what do you think? >> i definitely think it's a little creepy. the only part that is interesting they will let users see their own ad profile page. melissa: code that for us. >> put this in perspective. first of all, creep factor is in the eyes of the beholder. facebook is not tree. they charge you your data to give you value of facebook. what they said they will do now very clearly, data becomes more powerful in the presence of other data. they will look at websites you visit from their advertisers. they will try to compile a better picture of you so they
11:16 am
can more efficiently you deliver you to an advertiser. melissa: i love how they say, so your experience will be better. you get more ads you want to see. >> wait, wait. your experience will be better. melissa: no, it won't. i don't go on facebook. i don't like facebook. >> concerns about privacy issues on facebook will get heightened because of this. a lot of younger users may not have issue with it. melissa: they don't care. >> i would rather see more relevant ad. this will be a tool to give me more relevant ad. i don't want to see any ads on facebook but if i do they should be relevant. melissa: you don't strike me as a big shopper. you're flipping ad and buying lululemon shorts? >> turns out i'm buying new lululemon shorts panned by the wayed hoodie is awesome. channel my inner zuckerberg. melissa: that is lot of information. before you go, shame on you, you probably heard how rather unsavory folks are using likes of twitter and facebook to shame others over various issues.
11:17 am
now, the rage is taken to the sky. there is new hashtag campaign, called, carry on shame. encourages travelers to post photos of passengers carrying far too much luggage on board. take a look at some of these first. there was this poor guy probably went a little crazy in duty at this-free and tried to squeeze everything into the overhead bin. this dear sold who slid the bag inside ways much to the ire of his fellow passengers! oh, dear. it fit. if they let you through the cabin door, obviously you were allowed to bring it on. what is these people's beef? >> i feel a little guilty when i bring a bag that is too big. luckily there is nice guy who will lift me up and shove it into the compartment. melissa: there you go. of the shove it in and slam the door. what is the point of tweeting out that -- >> 50-pound of luggage into a five-pound bag is not idea anyone should do. by the way i hate being frequent traveler with three million
11:18 am
miles. melissa: i die before i check things. >> i won't check anything. melissa: forget it. >> people who put their bags sideways because it won't fit the long way there is special place in hell. i would be the first guy to be tweeting this out. problem, oh, my goodness the line at the luo is so long. can't put that on facebook. wow, i'm flying to london. this guy put luggage sideways. i can't really do that. melissa: first class, there is no room. so hard. >> do that, that is cool. melissa: big red solution to your health woes. how that next bite of spaghetti sauce could have you living a whole lot better. some cups and downs in brazil. the fans are ready. the teams are ready. but the stadium still has some minor screws loose. what? not like the world cup starts today, right? wait a second, yeah it does. smart money straight ahead. ♪ stick with innovation.
11:20 am
stick with power. stick with technology. get the flexcare platinum from philips sonicare and save now. philips sonicare are the largest targets in the world, for every hacker, crook and nuisance in the world. but systems policed by hp's cyber security team are constantly monitored for threats. outside and in. that's why hp reports and helps neutralize more intrusions than anyone... in the world. if hp security solutions can help keep the world's largest organizations safe, they can keep yours safe, too. make it matter. so i can reach ally bank 24/7 but there are24/7branches? i'm sorry- i'm just really reluctant to try new things. really? what's wrong with trying new things? you feel that in your muscles? yeah...i do... drink water. it's a long story.
11:21 am
11:22 am
melissa: so heart attacks may become a thing ever the past. researchers are developing a vaccine for heart disease, that they say could potentially eliminate it. fox news's dr. manny alvarez joins me now. this is exciting! >> this is a little bit after futuristic approach to medicine. it is about, this is science coming out of harvard animal studies, let's go there of the vaccine is not really vaccine against heart attack of the vaccine is to change genetic coding on cells in your liver that make bad cholesterol. every time we talk about bad cholesterol, your ldl, my ldl is elevated. triglycerides are elevated. that puts me at risk for a heart
11:23 am
attack. they took specific gene mutations and put it into virus and injected it into mice. that changed cellular structure of the liver of the mice and their bad cholesterol disappeared. so that has potential implications down the road, maybe 10 years from now. melissa: they think it could cut the risk by 90 percent? that is enormous. >> listen, for cutting bad cholesterol completely out of the system we still have to see what the consequences of that are. there are many things also the body needs that ldl to function in hormones and metabolism and things like that. melissa: i hate it when there is a downside. >> it is fantastic for rates of heart attacks in mice. melissa: another way to improve your heart health, tomatoes. scientists are putting them into pill form and finding that a capsule a day has big health benefits. a capsule of tomatoes a day. >> i would rather today mama mia. i would rather do that. this is about lycopenes. they are the most powerful
11:24 am
anti-ox dents. lycopenes manages the vessel walls. part after heart attack in cardiovascular disease is not only cholesterol, the plaques but also the wall of the vessel itself. so this is very good. melissa: does it work the same if you take a pill as opposed to eat it? there is always that question. >> the pill has seven milligrams of lycopenes. like eating two pound of tomatoes a day. i could eat two pound of tomatoes a day. i don't know about you. melissa: i don't know. i would get a little sick. >> the best effects for lycopene should not be raw tomatoes but cooked tomatoes. pass starks tomato sauce. even ketchup. melissa: nice. >> give up the hot dog. melissa: i don't really want two pound of ketchup. from tomatoes to vitamin water, the beverage brand is replacing some water in drinks and replacing sugar wees steve yaw. >> that is a natural sweetener,
11:25 am
taste as little funny from me. that is feedback getting from sugar. melissa: peeple said it tastes like bug spray is one of the quotes. that is not good. tastes buggy, this and that. >> again i think this is all commercial stuff. there is nothing supernatural about vitamin water that is incredibly healthy for you. a play on words. they want to get rid of sugar i think to cut back number of calories but at end of the day, hey, plain ol' water. want flavor to it, squeeze a lemon. squeeze a lime or cherry in it. you know what to do. save a lot of money there. melissa: before you hit the father's day buffet this weekend, "money" wants to you squeeze every last dime out of the experience. first, don't starve yourself ahead of time. otherwise your stomach will shrink. you won't be able to eat as much. s horror. second, don't get to the buffet when you get open. these are expert tips.
11:26 am
should have your pen out. best dishes are not put out first. safe a round or two of dessert. get a sample first round. get everything on the second round. go all out on dessert. what do you think of the fantastic advice we got online obviously for the father's day buffet. >> i like it. i will use the thing. i hope they have the vaccine for my heart attack coming after that. >> are you hitting buffet for father's day? i'm exciting about that. >> you know what i'm doing? roasting a pig in my backyard. melissa: that sound -- not really. really roasting a pig in your backyard. >> 50-pound. 7:00 in the morning. i'm there playing my music. melissa: tweet me a photo of that. that would do it for me. >> you got it of the thank you so much, dr. manny. iraq on verge of civil war. chaos sending oil prices through the roof. we're watching the market as well. a lot more "money" coming up.
11:30 am
♪ stuart: take a look at the market. down 109 points on the tao right now. meanwhile, militant forces in iraq continuing their path of destruction in route to baghdad valine to storm the capital city in bring it under jihadist control. the infighting already having global consequences both in the market and in the pentagon. here now fox news analyst. we also have schneider electric commodity analyst matt smith. thank you for joining us. what do you make of all this? what do you think will happen? >> you are right. everything is about ability to predict and project strategically speaking. this was projected that this organization was not
11:31 am
defeated before and if not defeated the only course it has is to expand and in my projection they will come close to baghdad. they are not going to cross to the she got area, but we have a map we can base our analysis for political analysis for the future. stuart: let me ask for you to interpret that. we have the price of oil going higher here and london, desperate is expanding and accelerating faster overseas and london. it's going up everywhere. do you think that continues, what you think? >> >> we have jumped up on this uncertainty. there has a big impact on production. the manna production is down in the south, but the insurgent spreading south and impacting impacting that is where there is the concern and so that is why we see this knee-jerk reaction in prices and as long as this continues so should the rally in
11:32 am
pricing. stuart: how do we get to this point? while you're in altering . >> because of the way we left iraq to read not just the way we ended iraqi what we've done, but the way we left iraq so abruptly. enough moderate forces storming the government so he gets close to a ron and by doing so he emptied that area for the jihadist to come in. we should have much better architecture before and now, we are out it will be difficult for us to do much more than air raids and i don't think that is a possible at this time. stuart: we had them on a beginning and they said there's not damage reduction anyway, three half-million barrels. it can be made up elsewhere that even there hasn't been a huge impact you and we don't know that even though they are threatening-- what you think of that cartography.
11:33 am
>> we have had a blueprint with libyan production where we've seen a million barrels come off-line and that is why we have the prices up. a million dollars that we are in, that taken off-line could really have a bullish impact on prices. if we saw production coming off-line we would see the price reaction to that for sure. >> what you think will be the president's reaction what is going on. essentially we are ready to do ever, and there is the call for us to get involved, what you think happened? >> look, we had the example of what happened in syria a few months ago and we discussed on this show whereby the use of chemical weapons was very dramatic and then he realized when the pentagon and everyone told him you-- there is no such thing as limited strikes. when you do a limited strike they will strike back at you much bigger, so the decision will be very difficult with what is happening right now
11:34 am
in iraq. melissa: matt, i will ask you the last question three iraq's oil minister saying opec standing firm at their most recent meeting just now and they will keep production where it is and they're basically saying they can make up anything that might be disrupted three do you believe them? >> not really exerted things have changed even since yesterday and so things could spiral quickly downward and so i don't believe that. melissa: thank you. gains ripley through the awkward-- every market. let's go to nicole peder lady who is on the floor the new york stock exchange. reporter: we have seen a turn of what we have seen most recently, which is record after record and this week has been a different picture. yesterday and today and as you've noted the dow is down 150 points now, so if they only a couple points all of our low for the day and in the meantime we are watching oil moving to highs that we haven't seen in nine months.
11:35 am
of course, so much of this comes from the attention we see in iraq. with that 44 names on s&p 500 that are energy names and the majority are seeing up arrows. we selected just some to show you, but they really are a great representation of what we are seen. chesapeake, for example, up one. when you see energy on the rise, what happened? the transportation index in as a pressure. let's take a look at some airlines that represent part of. we have seen some accelerated selling three american airlines now down seven have%. continental also down. we are seeing down arrows. melissa: thank you so much. set, maybe completely banned but that is not stopping the car company from setting up shop in belgian. they might have a few problems try to fill its latest position.
11:36 am
and this little piggy can play. you had to see the micro- pig that is giving beethoven a run for his money. ♪ ♪ can you start tomorrow? yes sir. alright. let's share the news tomorrow. today we failrly busy. tomorrow we're booked solid. we close on the house tomorrow. i want one of these opened up. because tomorow we go live... it's a day full of promise. and often, that day arrives by train.
11:37 am
11:38 am
in the first quarter. revenue for the luxury home furnishing store jumped more than 22%. also predicted full-year earnings while about those expected by wall street. goldman sachs are pay more than $120 million to settle a long-running collusion case. both firms have been accused of driving down prices before the financial crisis in us retells have prison for a fourth straight month, but it was as much as economists were expected. sales were up by three tenths of a percent in may, which was less than the 0.6% forecast. that is the latest from the fox business network, giving you the power to prosser. we asked people a question,
11:39 am
11:40 am
i'm going have to rethink this thing. it's hard to imagin how much we'll need for a retirement that could last 3years or mor so maybe we need to approach things dferently, if we want to be ready for a longer retirement. ♪ melissa: from the us every quarter of the globe money has been flying around the world today, starting in china where it has been revealed that one in every five homes is they can. can you believe that? it is fueling fears that is popping up all over the country. a nation we survey found more than 20% of all homes imaging and beyond are completely empty. that is equal to nearly 50 million units. to belgium where number is seeking a national manager despite the servicing
11:41 am
totally banned in the country. the controversial car service operator posted an ad online where it says the successful candidate will get to quote travel like a diplomat. sounds nice, but then they also mention the job is probably the most demanding position in the entire company. luck with that. landed in north korea where their leader kim jong own has been making its fury at the nation's weather station. he paid a visit to local weatherman where he is said to have chastised them for inaccurate rain and cloudy forecast. he got so worked up about it that he became red in the face and said their work was of the utmost importance to koreans everywhere like all weather people, very important. have to be accurate all the time. in the us anheuser-busch is being question on what ingredients go into their beers. it turns out that it may be more than just hobbs, water, yeast and barley. trite deicer liquid and fish swim ladder.
11:42 am
what is fish swim bladder? a new petition is making the rounds. back with me now is veronica dagger, and jared leiby. what is a fish swim bladder? you do? who knows? >> there's a story behind this and guinness beer uses this. it's called ivan glass is the technical name and its collagen, like what you'd find in jell-o. they use it to gather up the yeast at the bottom of the can treat pretty nasty. the other thing that is kind of funny as this airplane deicer. by the way, it's in eyedrops also. melissa: really? you feel good about having that in your beer? bronner, does this make you want to pop the on a frosty one? >> oh yeah, big time. melissa: i drink a lot of beer, you can tell right away. >> no, i don't know what is
11:43 am
going on, but i think people will drink their beer no matter what they find out what is in it. melissa: they don't care within it? i'm very into the box wine. beer does not do it for me. the treasury department, not the fda is the one that regulates beer. it does make sense at the end of the day it's always about money-- money, so the treasury should be the one regulating everything. >> the beer industry is a 250 billion-dollar industry and employees 2 million americans. 80billion to the taxes. this is fantastic news because you have to assume that people just won't care and this is probably the only challenge the beer industry will ever face. melissa: you dazzle me with your numbers and data. at the end of the dam still not sure about the deicer. >> who cared for and who will care now. melissa: okay, jared, go ahead. i hear you want you to get there. >> it's just funny, right?
11:44 am
like all these plays on words. the bottom line is if you buy eyedrops you are putting airplane deicer in your eyes. i would rather drink it and have taste like barley and hops then stick it in my eyeballs. melissa: think all three of you for your compelling was in. stick with me though. it's a big day for the markets. stocks continuing to divest oil prices ended the day at the highest prices in nine-month. joining me now is liz claman. liz: just seconds ago we hit session lows and we have come back off those floors, but we are watching this closely. much of this has to do with what is going on in iraq and we will watch oil prices and oil traders and oil experts to talk about whether you should be investing in oil. stocks right now-- we are also talking about the consumer and how much money he or she wants to spend on luxury goods.
11:45 am
so, why not bring in a little oscar de la renta . yes, that's right with kevin ryan the founder and ceo, which, of course. is that great site. we also have the ceo of the couturier-- oscar de la renta and we are going to talk to them both about how the high and is consumer and the wealthy whether it's the chinese millionaires or the us new rich, how are they doing? plus, world cup. we are talking soccer and the world cup economy how many companies are benefiting even just from the halo of the world cup. see you at the top of our. melissa: are you going to watch, liz? liz: i'm a hockey right now. melissa: so, we brought you the swimming in-- swimming bohemian pigs last time. take a look at this porker. his name is tickle and he's tickling the ivory's. this no joke.
11:46 am
he has natural charm and it has earned her thousands of online fans who tune in to hear her sweet, sweet music. not only does she play her owners say she likes to get dolled up for the occasion. wearing dresses and make it. you, i'm sure she likes to do that. the picture. what you think? >> she's very talented. she's not really playing a song. melissa: she has no idea. >> yeah, but the owner is just like dangling treats. melissa: i think they wanted to put dresses and lipstick on it. i think it's a very very talented big. internet sensation. probably made about $10 million. >> i wish i would have brought some bacon. melissa: come on.
11:47 am
11:48 am
11:49 am
let's build a bed. another bed? no, a smarter bed a entirely new sleep number bed that tracks your movement, your heartbeat, your breathing - sensors working directly with the dual air chambers - yeah you need the air chambers. introducing the sleep number bed now with sleepiq technology. it tracks your sleep patterns and tells you how to adjust for... a good night's sleep, a better night, and an awesome night. so what sleep number adjustments make the difference? try cranking it up? adjust it down? a little bubbly? or nix the late night flicks? wait, you'll know what works, cuz sleepiq™ technology tells you. and all you have to do is sleep. which is easy. only at a sleep number store, mattresses with sleepiq start at just $999.98 because everyone deserves a great night's sleep. know better sleep with sleep number.
11:50 am
11:51 am
profits jump 50% in its first quarter since spring from retailers. shares of landed are about a percent today on the news. nice. here's chairman and ceo eddie lambert. he never really says scion aro read he is still the biggest individual investor meeting he is making about $70 million today. that is one way to stitch together some doubt. it includes more than 11000 games and 100 consuls from the past 20 years. bidding started online at 1 dollar trade it's now up to about $750,000. scoring off the court, lebron james reportedly getting a 30 million-dollar payout for the deal between apple and beat electronic. king james has a small stake in the headphone maker from an earlier sponsorship deal. he is set to make 11 million more on this deal than he does from playing ball each
11:52 am
year. that should be music to his ears. starbucks, serving of a new type of charge. the chain of coffee partnering with power match to provide wireless phone charging station for customers. here now is the president daniel schreiber. thank you for joining us. what this means is you go into a starbucks and this is rolling out now and if you have the right phone you can just lay it on the mat and it will recharge. how me people of the right phones? >> there are more and more of them coming out. the galaxy s5 from at&t and some of the newer phones have it built in already. melissa: so, you have one of the ss or his right ear next you. if i've a phone that doesn't have this built in, but this is the direction phones are going. how this idea that you will no longer see people sitting at the airport plugged into the only available sort of charger nearby and they are tethered to the punk. this is where we are heading. >> that is right. there is no more people sitting on the floor looking for powder plug.
11:53 am
melissa: right. >> you will keep doing the exact same thing. today you can enjoy your espresso and tomorrow you will have your phone recharged. melissa: what is accosting starbucks in an average joint? >> this is a massive rollout. last time starbucks did anything like this was in 2001 when they introduced wi-fi. it's easy to forget that wi-fi was unknown before 2001 when starbucks introduced it. melissa: very cool. congratulations. >> thank you. melissa: advertisers cupping their gain. world cup commercials artie best insuperable odds. thanks to a little help from shakira to read a thing of the day it's all about money. ♪ ♪
11:54 am
means keeping seven billion ctransactions flowing.g, and when weather hits, it's data mayhem. but airlines running hp end-to-end solutions are always calm during a storm. so if your business deals with the unexpected, hp big data and cloud solutions make sure you always know what's coming - and are ready for it. make it matter. [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim
11:55 am
11:57 am
the world cup kicking off just about an hour from now, but an ugly conflict is overshadowing the game treated violent clash between protesters and police leading to multiple injuries treat at least one arrest. this is all taking place about 8 miles from the stadium where brazil and croatia will face off his afternoon. that is if the stadium is ready. workers still trying to finish here in the last hour straight as of yesterday over 60000 spectators ready to flood the venue today. whether they finish hammering or not, what a mess. jennifer walsh is with us. despite the issues in brazil advertisers are betting big on the world cup. here to discuss it all is the founder as i mentioned. jared leiby is back with us as well. this is what 28% of americans say they plan to watch the world cup. i think they are lying. they planned about. they plan to brush their teeth. and then they plan to watch the world cup. i don't believe it. >> it's growing out. advertisers are hoping for
11:58 am
that growing trend. hope is hope to read i think it's a 43% increase in ad sales compared to 2010. 378million-dollar increase. melissa: okay. jared, i asked my twitter followers if they were going to watch and some people were saying they would rather watch a sundial. are you going to watch? >> i am. i grew up with soccer. i'm certainly not as into it. melissa: are you american? did you grow up in a european country? >> i was poor growing up. we kick the soccer ball. melissa: but, you didn't watch on tv? >> i do now and it is not as big in america. think about it, $14 billion was spent on these games alone in brazil. $576million is what they will shell out to the winners. these games-- some of these countries that play this is a big game changer for them. melissa: it is huge for the three or four people in
11:59 am
america watching they might see this amazing mcdonald's it. there is a great mcdonald's it and i think is the best out of all time. i tweeted it out. it's about a trick shot and you have all these kids around the world doing this incredible shot. here you have a local working girl of some type and by that, i mean, waitress. >> it visually stimulating and beautiful anyone to be a part of it. americans are not as excited as the rest of the world. the rest of the world is getting so pumped up. melissa: is it still worth it if it's not about america? >> absolutely. is a great deal to do. melissa: okay. jared, are you going to watch? i don't believe you. >> i'm going to watch-- not every game. on the watch the finals in the main game. melissa: thanks to both of you. tomorrow we have a game
12:00 pm
changer for how to get your morning caffeine and it's about ordering a cake of iced coffee. what do you think about that? to a right founder is serving it up in studios tomorrow and i can't wait. i hope you're making money to date in despite of the fact that the market is down 115. countdown starts right now. liz: market action fighting through data and news flow out of iraq. first, retail red flag, us sales edged up half as much as expected. why are shoppers still slow to open their wallets? we take the pulse of the consumer with chairman kevin ryan and oscar de la renta ceo. oil price shock, oil prices jump as islamic militants seize areas in iraq. is as a threat to the global economy that no one saw coming? the potential risk to the oil markets and economic growth. in just one hour the most expensive world cup ever kicks off in
85 Views
IN COLLECTIONS
FOX BusinessUploaded by TV Archive on
![](http://athena.archive.org/0.gif?kind=track_js&track_js_case=control&cache_bust=679698112)