>> too late. dierdre: that will do it for today. thank you very much for joining us. melissa francis is here. "money" starts now. melissa: it sure does. we've got a big show on tap. thanks, dierdre we're cutting through the hype on alibaba. hedge fund heavyweight anthony scaramucci joins us with the inside scoop what is on track to be the biggest ipo ever. details you won't hear anywhere else. that is seconds away. terrorists abroad are also raking it in. how isis has become the richest terror organization in history. last minute appeal, the brittish odd couple uniting to keep scotland from breaking up the u.k. and organizing against airbnb. first-of-its-kind campaign targetting sharing economy. even when they say it's not it is always about money. melissa: it is poised to be the

biggest ipo in history but questions still swirling ahead of alibaba's debut. fox business confirming that alibaba will seek a higher pricing range today, likely above $66 a share. sources citing overwhelming demand as the reason for the push. here now to discuss, we've got our very own charlie gasparino, jack hough of "barron's" and jake schaefer of schaefer asset management and in a fox business exclusive. anthony scare my think. fox business contributor. welcome to the show. >> thanks, melissa. [inaudible]. so successful the way we things will play. >> where do you think they will price, dude? >> okay. so, i'm saying in the 70 to 72 range. this is based on a compendium of mutual funds, hedge fund managers and capital mark experts in the investment bank.

this is unbelievable company and jack ma will want to price this thing not the way google got priced or the way facebook got priced. [inaudible]. it is 70 to 72 pricing. this stock will trade anywhere 10 to 15 points higher on opening. of course if it is higher than that range, that will be less. melissa: anthony, we'll try to improve your phone connection for a second here while we talk about this because we're having a little bit of a hard time hearing you. that is way above the range. >> he says it will get a massive on. here is my problem -- melissa: 70 to 72. right now they're saying 66. >> why is that? anthony is plugged in with who? david tepper, steve cohen, leon kuperman. melissa: biggest names out there. >> he knows they will buy this they're in this. this is hedge fund-friendly deal. here is my problem for the retail investor. the retail investor, they're not in the deal at the ipo. they will get in the secondary. you will have to buy it after it

pops. after it pops, likely at some point, could be soon since so many hedge fund are in, likely to go down. they will flip some of this stuff. melissa: do you agree with that. >> i agree with charlie saying. i don't agree with the price being 72. melissa: you don't think it will be that high? >> jack ma had experience with alibaba in hong kong and it was bad ipo and pulled it within 2012. melissa: why is that relevant now? now we're in the middle of this big bubble where we have some tech ipos and has he learn his lesson? >> when he was deciding between the nasdaq and new york stock exchange that was very critical decision for him. he wants to make sure he prices it right, has support and doesn't want to he associate stock go down. he will give, in my opinion, he will give room for individual investor to get in. melissa: i think we have anthony back. we can hear him better. you were just trying to re-establish a phone connection much i don't know if you heard that but there are doubters about on the set on the pry range. that sound too high.

where are you getting that. >> that is basically coming from a whole group of hedge fund managers, capital market experts and some of the mutual fund we're talking about. if that price is too high, then that is good news for the investors, melissa. but i do think they're going to trade this thing with a seven handle. i do think it is, i know early talk was 66 but i'm guessing 70 to 72. that will still be a premium there. >> that is a headline there. you think it will trade as high as 70, 72. i would say this, anthony, like your guys, tepper, the guys you know with and deal with it every day, are they in this thing, mr. tepper, cooperman, mr. cohen. >> i don't want to talk about the specific guy charlie, because it is anybody's guess depending on the price. these situations are super fluid but the demand is there. one of the services that we have is a research service that just focuses totally on ipos and they run a 1500 manager survey.

>> right. >> you have the demand there. the report that reuters is saying retail demand is not there. melissa: i was going to ask about that? >> that is totally untrue. the demand is there. >> isn't it possible get it at ipo price and flip it and retail guys are holding the bag. >> charles, possible? you know it is 100% that is going to happen. most of the early investors flip these things and most of them are wearing dolphins on back of their sweaters. that is basically what happens in this. but this is phenomenal company and play on china. melissa: know he. >> wouldn't be surprised if the stock goes to 100. melissa: i also want to ask you, mitt romney continues to down play rumors he will make his third bid for presidency. i know you're a good friend of the governor. before we let you go, what is latest on that? >> i don't think he is 100% made the decision, melissa but a couple factors could happen. if governor burn, jeb bush drops

out or declares he will not run i think that puts governor romney in the poll position. he has precedent there. reagan did it in 68, '76 and 80. i can testimony you right now the governor has a very strong following including myself. he would be my number one draft pick. >> what is your gut, anthony, does he do it or not? >> i think he will do it. >> he says he will do it. >> i don't think there is any reason not to do it. his family is behind him. >> that is a headline. >> everything he said about the last three years has unfolded. he a grad manger. a great chief executive. my guess he i will be better on stump. >> you think he will do it? >> i do. >> you and neil cavuto. you guys need to share a cup of coffee because you both agree with each other. melissa: we'll be following up in the run-up to alibaba's big debut. all week long on fox business you don't want to miss what our insiders have to say. apple scoring unprecedented

victory in the financial sector, this is according to "the financial times." banks will fork over 15 cents for every one hundreds on apple pavement not everyone is being accommodating. walmart and best buy refusing to take in part with apple pay. jack, what do what do you think? this is unprecedented. i'm surprised it was so little, 15 cents on every one hundred. >> so little for now. we'll see what happens. banks are going along with it because this is replacement for the credit card but not replacement for the bank as company taking care of credit card receivals and banks are hoping transactions will go higher as people find it easier to buy stuff. don't take too much, when walmart and best buy are not in. they're not in yet. if this thing takes off they're in. they can't afford to be choosy who they're taking sales from. melissa: no, amazing folks that are in. chase, citi, wells fargo, bank of america. macy's's bloomingdale's, walgreens, mcdonald's, nordstrom. >> there is nothing new about

the technology here this is aboutp a he will pest a ability to cut deals with these big names. melissa: absolutely. reports are saying that google's autonomous car need ad little help to pass the first road test. records show that google engineers had to intervene twice during the 2012 exam. that has me concerned. they had to take control of the car. charlie gasparino, what do you think about that. >> i'm still blown away alibaba will trade above 70. this, great story, by the way. i have -- melissa: no comment on google? dan, what would you like to comment on? you can pick your topics that we covered so far? >> talk about charles live. like to say that with this google car situation, i'm nervous about this they had this in a test where there is no weather problems. the roads were clear. i'm nervous about cars driving themselves? >> this is me driving in 10 years right here. this is what it looks like. >> had 1/2 probation you would end up somewhere in the forest? >> right.

>> you heard of "flash crashes." melissa: the car "flash crashes." >> all at once. this is one of my favorite stories of the day. australian pizza hut apologizing for unusual promotion with a pet after they were ratted out by concerned citizens. the melbourne branch posted this sign, offering a small animal, with the purchase of 10 large pizzas. this is one of the oddest pairings. would you like a rat with your pizza? i don't know if that is such a great idea. >> you're not supposed to eat the hamster. should have explained that to customers in australia. >> never a good idea from marketing standpoint -- melissa: to conflate. >> pizza and anything hairy do not go well. i've been hearing a lot of stories about disgusting stuff at fast-food restaurants. melissa: this tops it? >> well, the mcdonald's story that -- melissa: no, no. no, no. not doing that.

no, no. >> will tell you off-camara. melissa: no, google. charlie's, whatever you want to do, we're not, not, not, doing that story. go to charlie's twitter feed. you can see it. in the wake of another brutal murder by isis terrorists the white house is working over time to broaden coalition against militant group. hurricane slamming the coast of mexico. the vacation paradise, devastated as thousands seek shelter. will it hit the u.s. next? hold on tight. more money coming up. ♪

melissa: secretary of state john kerry joining leaders and diplomats from more than 20 countries today for an emergency meeting on isis. the nations convening in paris to formulate a cohesive global strategy for combating the now richest terrorist group in the world. the crisis summit following beheading of a third western hostage that is british aid worker david haines. joining me now, chris harmer, for institute of study of war. we also have byron york from the "washington examiner." byron, let me start with you. we have 20 countries getting together, putting together a plan we hope. does this strike you as

meaningful or is this more talk? >> it strikes me as a lot of talk and a lot of an administration's effort to get some cover for what is likely to be almost exclusively american operation. and one of the stories that is coming out about that is that the united states, in some quiet way, tried to enlist iran as part of its efforts and were rebuffed by the leadership of iran, which certainly has to be a story that will embarass the administration and enrage some members of congress who don't want to see the u.s. having anything to do with iran, even in the fight against isis. dierdre: even in this type of situation. chris, let me, senator lindsey graham was on fox news this weekend. making the stakes very high for what is going on. let me play the sound for you and ask for your reaction on the other side. >> this is the last best chance to knock them out. then they will open the gates of hell to spill out on the world. this is not a sunni versus sunni

problem. this is isil versus mankind. melissa: chris, is it that serious. >> absolutely. a pleasure to be with you. i agree wholeheartedly with the substance of that statement. general mcarthur described every military disaster can be described in two words too late. the longer we wait to target them for destruction the more expensive and deadly till will be. as a strategic planner with the pentagon, your strategy is what your budget says it is. right now we haven't gotten through supplement appropriations to battle isis. we have not reprogrammed force fund to fund structure. we're fighting isis out of side on sideline show. we're not taking this very seriously. melissa: byron, speaking of money, that is the maim name of the show, they're accelerating in terms of their fund-raising. reports they were getting a million dollars a day in revenue for all the various illegal things they're doing.

oil smuggling, human trafficking, threat, theft, whatever it is they're doing. now that has gone up to as much as three million a day. how meaningful is that. >> it is very meaningful. unfortunately they have a lot of ways to get money. they have capture ad lot of areas that produce oil. even though they sell it at below market value, they still get a lot of money with that. they get a lot of money with ransoms. they asked for $125 million for james foley, the american who was beheaded there. melissa: right. >> other countries have paid them ransom. they get that money. they just steal it as well. when they take over a city, if the town, if there's a bank, money anywhere, they just take it. isis unfortunately has a very, very strong source of money through its various activities. melissa: chris, you know it is so hard. over the weekend you see another video, another life taken. it feels like this problem has gotten so far out of control and we aren't doing anything. is that a fair criticism?

can we believe the president is doing something, is gearing up and we're about to really see it? >> it's a fair criticism in the short term. as always i refuse to accept the notion that america is incapable of to defeat these guys. we beaten everybody we put our mind to defeating. just issue of organizing support and organizing the strategy and enacting strategy. these guys are imminently beatable. we have to put our mind to it and do it. i want to agree what byron said about the financing. these guys have almost a zero cost basis. they get all the stuff for free. they invade territory. get all the bank. get all the cash reserves, hard currency, all the gold and silver. the oil they're picking up for free. i don't care what the selling stuff, they got it for free. ran in and took it. it is 100% profit for them. melissa: gentlemen, thanks to both of you. appreciate it. turning back to the markets. want to show you oil. we were talking about that. oil prices are rebounding despite dismal economic data out of china. factory output growing to

six-year low. alan knuckman is watching the trade in the pits of cme. this is another day, everything we're talking about going on overseas there is lot of oil on the market. whether we're talking about the illegal black market oil or this idea china may not consume as much as we think they're going to. >> right but if you look at things technically i'm very encouraged by the action we've seen in the last 10 days or so. last few days we made new 16-month lows and closed higher on session. we attacked the lows and didn't quite get there and ended up positive. oil is trading $65 between$15 for the last five years, the midpoint is 90. that is important pivot we want to keep eye on from reward to risk standpoint this is area to buy in and look at individual stocks at a discount after the selloff we've seen in the oil market and energy stocks. melissa: absolutely. oil prices down 14% since mid-june. it has been a real slide.

alan, thank you so much. just hanging out with some friend. it has been 20 years since the likes of rachel and monica started hanging out in this new york coffee shop. now it is back in lower manhattan. we're live from central perks, as fans take a trip down memory lane. plus samsung unleashes the newest weapon against the iphone 6, the stylus! people have to cringe a little. do you ever have too much money? ♪ [ breathing deeply ]

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melissa: from the u.s. to every corner of the globe money is flying around the world today. starting in france. where air france pilots strike ! more than half of its flights

were canceled today. tomorrow will be even worse. only 40% are guaranteed to run. air france is under pressure from rivals to offer much cheaper fares. over to taiwan, where the engines of fellow airline eva air are purring nicely now that a famous kitty is on board. it is hello kitty. wow. used to be for united states to europe. they are complete with pink head rests, hello kitty mellon slices. i would love that. i really like hello kitty of. little-known fact. landing in the netherland where people have been protesting sanctions by russia throwing tomatoes at each other. the dutch have been angry after the russians stopped importing european goods. they're throwing -- i don't know, i don't get it? what is the point? what a mess. what are they doing? samsung made the iphone 6 the apple of their eye, obsessing over the new smartphone in the latest ad campaign. >> first saw the bigger screen, we're like, you look like you're

talking into a piece of toast. the note is an unwieldy beast. now it is not being dismissed by competitors. it is being imitated. apple thinks their fablet is fresh idea when samsung mobile has been act selling for year already. hashtag next big thing. melissa: here marketing maven bruce terkel. jack hough is with us. bruce, that doesn't work. why is greating? >> it doesn't work for a couple reasons. first of all it doesn't work because the samsung is copy of the iphone to begin with. second of all it doesn't work because sarcasm does not work in advertising. it is simple rule. the problem with those who get it, get it anyways, those who don't never will. people watch this they have no idea what they're talking about. melissa: i'm real big trouble if sarcasm doesn't work. we'll have to talk about that of after the show. that is basis for most of my stuff. jack, what do you think about this one?

one of problems they're trying to say apple isn't cool and it is. hard to win that argument. feels like samsung is apple's new ad agency. they spend all their time -- melissa: talking about them, that's true. >> during the early part of this year, apple had really not that much of a bilge deal out in terms phones and samsung barely kept up with apple with its latest, greatest model. now we're going into what could be a record upgrade cycle for apple. i think samsung is feeling a lot of pressure right now. melissa: this is for two apologists, jack how much. responding to the backlash of apple's forced album release. saying quote if someone doesn't like the gift they should delete it. people will be thrilled to get a gift. bruce terkel, what do you think about this one? people will be thrilled to get a gift. no one on my show staff because they keep cropping up in the shuffle when they're working out and ready to smash the precious iphones they're so sad about it. >> couple problems. telemarketers leave gifts on my

machine at home. if i have to delete it is guess what, not a gift. melissa: right. >> anyone under 35 don't know who the creepy irish guys are -- melissa: come on! really. >> looks like my grandmother. my kids are freaked out. who are the old men with music on my phone. third of all, that phone is intimate device. to know for sure, someone else can go into it -- melissa: could troll it. >> people don't like that. melissa: jack hough, what i heard bruce terkel is saying, no one under 35 knows who u2 is. >> speaking for fellow under 35, melissa -- melissa: what are you 28? >> i'm a little bit over -- melissa: don't do it. >> you two, this is a gift. people should love it. u2 is gift to the world. everyone should love it, say thank you. i don't know. free songs on your phone. if you don't like it, delete it. melissa: well, but that is one of the problems. it is almost impossible to delete. it still in your profile. still crops up. they went through the really

long list of steps you have to take like take everything off. because it crops up when you're doing random selection. they don't want to hear it. >> hear all about the day? >> put the phone to play at party and u2 comes on. friends say you're lame. >> i get it. melissa: no. i wonder what apple's next guest is? >> not if they give you barry manilow. a gift to the world too by the way. melissa: thanks, guys. a hotel's new push to tip your housekeeper. is that how i get the code for the mini bar? i'm just checking. plus they are so happy together. england sends their big guns, the queen and david beckham, in an effort to sway scotland. a run for your money coming up. ♪ it's monday.

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scotsman independence vote days away, queen elizabeth has made her first public comments about the referendum urging scots to think very carefully about the future. not sure what that means. not to be outdone, david beckham urging scots to stay with the unit to preserve the uk. capital management and charlie gasparino with us as well. think very carefully about the future, three well-balanced meals per day, where your jacket and what does that make you want to do when you hear that from the queen? >> the queen has some serious poll over there, so you better listen. this is some serious stuff. this could have wide ranging effects. it is meaningful and for me the repercussion could be who follow suit could be spain and northern ireland, you never know.

melissa: you will notice we don't know where she stands, what she says is completely neutral. jack, you are golfing with an englishman this weekend, right? did they find out? >> the subjects did not come up until the 12th hole. from what i caught, for independence. i think the queen's advice would be my advice, it means nothing and allows you to not take a stand. >> what i find interesting is all of these providences. let's put it to you this way. who benefits the most from scotland leaving the uk? melissa: london, england.

>> england. as a transfer of wealth, it doesn't have a lot of oil. melissa: marriott pushing the envelope with a campaign urging guests to tip their housekeeper. they are giving envelopes out to people coming. tip your housekeeper. >> these guys barely paid minimum wage and they expect us to tip. you begin believing the labor movement. it shows you they want us to tip. melissa: i kind of like it. if they raise their wages we would pay for that anyway. >> we are really talking to you.

melissa: we are just offending everyone in this segment. the epic 294 page takedown with one of their very own. taking umbrage that the endless breadsticks promotion creates food waste saying it conveys italian generosity and the cell sellers have the highest oil rating of any id. when i think italian and you, the first thing i think of is generous. >> the crime here is there is something called olive garden that purports to make italian food. this is sloppy. you know it is the bigger waste? actually going there in the first place. >> they sell relatively

expensive food to relatively low income people. stop. we are going to leave it there. the bold and the beautiful. atlantic city home to america's finest including very talkative long golf. you have to see this, this is unbelievable. protesters want you to know what department sharing app really looks like. at the end of the day, it is all about money and very shady days. we asked people a question, how much money do you think you'll need when you retire? then we gave each person a ribbon to show how many years that amount might last. i was trying to, like, pull it a little further. [ woman ] got me to 70 years old. 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,

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cme group: how the world advances. melissa: i am melissa francis with a fox business briefs. heineken rejected takeover offer from sab miller. a merger would have created the largest beer maker in the world. the controlling family says and tend to keep the company independent. the weather channe channel may p for sale. talks about some strategic options. the weather channe channel was purchased by blackstone, bain capital into thousand eight for more than $3 billion. coca-cola ringing 'cult bevera beverage, surge created as a rival to mountain dew until it

was pulled from the shelves in 2001. it will now be sold exclusively on amazon. that is the latest, giving you the power to prosper.

♪

melissa: that is so disgusting. the share better movement launching that add in the $3 million campaign against websitthewebsite and others that facilitate illegal hotels. analysis four of that coalition with his active director of the met council on housing. thank you so much for joining us. let me talk to you about that add because it is really disgusting and i understand those were real comments posted and then you illustrated them in the most disgusting way for the add. do you think it is fair? >> especially when you consider what we're doing for the country. they are seeking through using $25 million of their own money to change our laws to make their business legal.

melissa: essay we strongly oppose illegal hotels that have an adv on travelers and the new york community. it is interesting are fighting over the fact whether or not it is an illegal hotel but cleverly you make this ad about really grossing people out to try to keep them away from the service. is that a better strategy? >> have to focus how to keep affordable housing in the city. if this is what we have to do to expose air bnb really slick tactics, they have way more money than we do and they will be advertising a lot more than we do. they have tons and tons of ads all over the subway. melissa: a lot of folks say it is too late, they are so strong and in so many cities people are using the service and the cat is out of the bag, how do you

respond to that? >> i look at state law and how this is 100% illegal. if you look at what they had on their site in january of this year, 64% of those hotels were absolutely illegal, which presents some many different problems whether it is public safety, fire code, some people have been assaulted. melissa: before stories are incredible, thank you for coming on, we appreciate your time. let me ask you first because it is interesting as soon as they say illegal housing right or wrong a lot of people guys glaze over but he put up his video online it is disgusting and real comments from people making you feel like why would i go stay in some strange his bedroom? right? >> they ask, soon as you say

illegal housing, that is what people here. but if you say bed bugs, there is no way i am going. here is the big problem, it is disruptive technology. the world is littered with failed attempts to stop disruptive technology using brute force or using legislation. the question you asked him was right on, they are here to stay. the bigger issue is why don't they figure out how to use what they are doing to accomplish what this organization wants. fix the problem. melissa: we have all seen the specials on the news using the black light on the hotel bed, what do you really think is going on? >> at least you have somebody to complain to.

i do think it is better than going to air bnb. melissa: i think i'm going to travel with a zip lock bag because this is too much. stock that session highs, the dow is up 50 points, but investors are throwing the brakes on tesla share isil what is the deal with tesla today? >> the deal is contrary to the marketing relatively flat, the stock is down about 9% today, despite the fact it is up about 70% this year, but you have morgan stanley giving a cautionary tone not saying they are bearish, they have $320 price target but thinking that you might want to take a little break. elon musk said much of the same.

back to you. melissa: thank you so much. joining us, liz claman with a look at what to expect in the next hour. liz: two names hitting major highs. what a surprise, these two are the names that want to merge in a massive $46 billion deal. what is going to happen? it is not a done deal, all kind of noises from the public if this thing should even go through because it would create a single very large powerful operator at odds with a lot of distributors from the big names that comes to content. i bet he is happy he doesn't have to work on this deal. we will talk to him about who he

looks to when it comes to what might happen with this deal, and most importantly all that is going on in the telecom world. who knows what is going to happen with that. and on top of that, i heard you, very interesting discussion. there is a single organization that has an algorithm that looks at the financial help of companies about to go public. what has rapid ratings come up with? with a scale of 0-100, he will reveal what he has found out about the financial health of the company before it goes public. >> very cool. so we just had to show you this one because we have been obsessed with it all morning. ms. new york may have taken the

crown but it is ms. ohio routine that is burned into our mind for all eternity. belting out mary poppins classic. shockingly did not make it into the top five. what do you think, was she robbed? >> no, i think this set her up for her career. she will be a speechwriter for congress and is used to seeing dummies say what she writes. >> if you look like she does nothing is ever creepy or weird. she gets a standing ovation. melissa: i think that was both creepy and weird. i don't want to offend anyone.

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melissa: whether it is on wall street or main street, here is what is making money today. introducing a collection sponsored by scandal featuring kerry washington. fans will get to dress like their favorite female character with chic feminine blouses. i love that idea. the show who three runs are still television constantly is turning 20 years old to on of the long-running sitcom, one of the most memorable parts of the show brought back to life for a month "friends" lovers can stop by the central coffee shop where the magic began and what is a coffee shop without the manager gunther? playing the rachel-obsessed manager joins me now from the

coffee shop. gunther, do people still recognize you as gunther when you walk down the street? >> when i have my hair bleached like this, they do. melissa: i have to ask you some gunther-specific questions. you were a nonspeaking extra on the set had wasn't until the second season they gave you a line and you became pretty pivotal over the time to the plot. how did you convince them to give you that shot? >> i did no convincing, i didn't expect it at all. i walked onto the set about a year an and a half into the secd season, year an and a half intoe show, and one executive producers asked if i had any acting experience and i told her yes, do have acting experience. she said that is very good to know, walked away and the next week i came in and she said your name is gunther and you have a line on today's show.

i had one word. melissa: i can imagine being a true actor you have gunther's back story. do you feel vindicated jennifer aniston is still not married? do you feel she missed out on the right one? >> she is a great girl, so i wish all the best for her, when the right one comes along they deserve her. melissa: do you ever get invited on the vacations, little we can vacations? >> no, i have never been invited on any of their vacations, i prefer to do the vacations on my own, that would be a little odd, i think. melissa: they don't invite me either. we will check out the pop up coffee shop. monstrous waves and torrential rain lashing the baja peninsula.

is the hurricane here to stay? it is raining cash coming up next. believe this! watch this. sam always gives you the good news in person, bad news in email. good news -- fedex has flat rate shipping. it's called fedex one rate. and it's affordable. sounds great. [ cell phone typing ] [ typing continues ] [ whoosh ] [ cell phones buzz, chirp ] and we have to work the weekend. great. more good news -- it's friday! woo! [ male announcer ] ship a pak via fedex express saver® for as low as $7.50. [ male announcer ] ship a pak via fedex express saver® with up to 27% more brush movements patented sonic technology get healthier gums in two weeks guaranteed. philips sonicare discover the brush that's perfect for you. whenwork with equity experts

who work with regional experts that's when expertise happens. mfs. because there is no expertise without collaboration. who would have thought masterthree cheese lasagna would go with chocolate cake and ceviche? the same guy who thought that small caps and bond funds would go with a merging markets. it's a masterpiece. thanks. clearly you are type e. you made it phil. welcome home. now what's our strategy with the fondue?

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melissa: a hurricane making landfall near cab bow san lucas, jamb misdean joins us with the latest. >> yeah, the strongest hurricane that has made landfall in this area ever, 125 mile-per-hour sustained winds. it is weakening, but bringing the potential for life-threatening floods as well as surf and those strong winds. so the storm is weakening, and it's eventually going to bring some potentially life-threatening flooding across the southwest. but as you can see, it will continue to weaken moving into the southwest and bringing more heavy rainfall for this desert area. of course, we set records last week in phoenix, and we're going to get more rain, unfortunately, later on this week. back to you.

melissa: that looks rough, but i heard there was another hurricane making waves earlier, this one was on "fox & friends" today. >> what would you put in there -- >> like, you put in flashlikes -- >> okay. >> and you'd put in blankets -- >> okay. >> what's your name? >> my name is thompson. >> hi, melissa: janice, that was about your new book, making waves again with the big storm. thorpe zune's a big feeler of your book. that's my son, by the way. >> he's going to come with me, and, you know what? it all began in this weather studio. he was in kindergarten, he came and looked at the green screen, and he's now my partner in crime. melissa: we will be among the first to buy it. it's very exciting. he came -- he said, when am i going to be on tv again? do they want to book me for my birthday? i said, you just got face time.

your next appearance? when's my next appearance, amazing. >> he's the best thing to happen to freddie the frog. melissa: thank you so much. i i hope you're making money today to. "countdown" with liz starts right now. ♪ ♪ liz: good afternoon, i'm liz claman. it is not even a publicly-traded company yet, and it is already affecting our markets and maybe even your investments right now. the latest on chinese internet giant alibaba is that it is expected to raise the price range on its huge public offering because of very strong command from investors -- demand from investors. yes, jack ma, he started it in an apartment. he was a schoolteacher and now this behemoth is supposed to price between $60-$66 a share, definitely higher than the edgerral price offering. alibaba's stock is expecting