for tim kook. [closing bell ringing] [inaudible] david: folks, call it a full moon rally. whatever you want to call it. call it a federally. it certainly did coincide with minutes from the fed. this market had been trading down early in the day, when the word got out, actually before the fed notes were issued at 2:00 eastern time, the word got out that they were going to say in their notes that they are going to be very accommodating because they're worried about what is happening overseas. they're worried about some of the details of the labor stats. clearly the market loved the news. it is ending the day not at the session highs but very close to it. dow jones up 270 points. the nasdaq had the biggest turnaround of all. they were leading the way down earlier in the day. today they're leading the charge up, almost, because the russell 2000 small and mid-sized caps, almost a 2% gain. however you want to call it, whatever the reason today is a huge day for the markets.

we got it all covered. "after the bell" starts right now. liz: as we wait on alcoa earnings interestingly, it was the transports that were down and then turned around. rest of the market was already up when the fed men's were released like a flock of doves as we've been saying. break down all the action. usaa investments bernie williams says investors should expect low returns and choppy growth moving forward but bernie says look out for earnings. that will be what drives it. eric marshall of the hodges fund will help investors find good, long-term opportunities in very volatile market. todd horowitz, down at cme, a huge rally today, todd. it is todd day every wednesday. we can be sure of a 300 or at least a triple-digit gain here. is this all the fed and the flock of doves? >> hi, liz, hi david.

this is the bubba rally we call it. we are up, this is all the doves speaking. this is the chase for yield. this is short-covering coming in. remember, when we have a market starting to turn over and maybe trend lower which we've seen last couple weeks the rallies are so vicious when they come back up, look to appetizing when you want to get in. to me this is great selling opportunity. i look to sell s&p. get back to 1980. i think we closed at 1967 today. i think earnings season will be weak at best. if we keep depending on free money fed, worry about you will at troubles, maybe worry about what is going on here and let money trickle down to the average joe guy. again, we're in the same problem. there is no liquidity for the average joe. there is no lending power. we're not getting good jobs. even t number on headline looks good, the headline did not show real growth and good jobs. david: eric, let's talk specifically about earnings. we have alcoa coming in.

we'll brit numbers to you as soon as they come out but there are concerns things happening overseas particularly because of the strong dollar might affect earnings here for the third quarter. are you at all concerned about that? >> i wouldn't say that we're overly concerned, however, it will cause some noise in the numbers, given the strength in the dollar but overall we think earnings season will be relatively positive and the read that we have for most of the companies that we follow at the hodges fund is that the outlook for the fourth quarter should be generally positive across most sectors of the economy. liz: okay. we could, if we can, put up alcoa's stock reaction as we work through the numbers. we're not giving them to you yet. we have to work through them but the stock is moderating just a moment here. that brings me to bern heey. you're say earnings will drive this as we look towards names like alcoa but also some of the bigger names. i'm thinking for example, the international papers of the

world, the big industrial names, the general electrics too. >> yeah, absolutely. i think in the end stocks follow earnings so in the short term a lot of investors are very macro oriented. that's why you're seeing some moves with respect to ebola or fed discussion. we're coming up to earnings season. we think it will be decent enough, that will support the market. our call for lower returns is mainly based on the starting valuation of where stocks are. there are a little pricey right now. and so i think you get a little bit lower returns for the foreseeable future. but we're not near recession and earnings will be positive. so we think that will be supportive. david: we do have details on alcoa. share has been following it for us. cheryl casone, what do the numbers tell you? >> david, liz, i want to give you the headline numbers on the stock, and was mentioned stocks began trading higher in aft ours trading. big beat on earnings per share. revenue 6.2 billion.

the estimate was 5.85 billion. look, aluminum prices have as you been going higher. that is always a concern for company like alcoa. looks like, they actually because of the deal they signed with boeing, making skins on aircraft that was reason for a billion dollar deal plus you have the fact that they did the pratt & whitney deal and expanded operations in virginia. all that is adding up to the fact they're seeing bigger deals and seeing more demand globally. they were saying talking about the middle east right now. they're seeing actually some impacts and positive impact on the numbers for the quarter from the middle east in particular saudi arabia. the stock is trading higher based on very strong results. david: it is up about 1 1/2% after-hours. todd, as somebody looking to short the gains in the market like we saw today, does alcoa tell you anything about what's happening with these third quarter earnings as they first start to trickle in here? >> i think those are, look it, i

want companies to beat earnings. i want things to be good. i'm glad they beat both top and bottom. that would signify growth. alcoa, to me is not major gauge of what is going on. great for them. with ford going to aluminum trucks and boeing deal, great for alcoa, great start to the season. i hope it continues. look at end of the day i'm investor as well. in investing i don't mind market going up. as trader, i think we're way overdone and want to be short the market. like to see good data and supported by growth which alcoa shown us they have done it this quarter which is great. david: good. liz: what is interesting, eric, you have a pick indirectly related to alcoa. you're picking some airlines here. let's talk about it. in particular you like hawaii airlines. you heard cheryl say skins on some of boeings with aluminum that will certainly then that business but what fundamentally about this airline do you really like? >> we like the regional nature

of hawaiian airlines. we like underserve markets they address and see good earnings power in the company over the next few years. really the industry as a whole has gone through structural changes due to all the consolidation which we think longer term, should allow airlines to be run more like businesses and we see good pricing power and returns for shareholders. david: bernie, we talked a little bit what is happening overseas. i'm wondering if you think europe itself can avoid an all-out recession? we know certain countries are already in recession. do you think they can avoid it, and if they can't won't that spill over here somehow? >> well, you know i think they may be in a slight recession right now but the ecb, the euro, will do everything they can to try to forestall that. i think what europe really needs in the long run are labor, change in labor conditions there, or the laws. yes, it will impact the u.s.,

particularly in areas such as industrials or other sectors that have a high portion of their earnings to europe along with the fx considerations. so it is a little bit of a headwind to the u.s. although i think the u.s. will remain stronger relative to europe. liz: todd, we saw so much green on the screen after the fed came out and simply said, we argued a lot about how gentle we need to be with the markets and letting them know, telegraphing the message we'll keep rates low for a considerable amount of time. so, is this till a fed-driven market? because, if you listen to bernie, actually, i'm sorry, if you listen, yeah to bernie, it is really earnings that people will listen to. we kind of saw that play out last quarter when earnings were very good? >> all true but the earnings are being driven by the cheap money because we're not getting, a lot of it has not been true growth. it has been bottom line dollar growth, not production growth. this is a fed driven rally.

no way else to look at it. only one place to go to get yield on your money. you're forced to go into the stock market. when is the fed going to decide that the real system is to raise rates, let the market fall? we're up 200% from the bottom. let the market fall, unlock liquidity so that money will flow down to the average joe, so we rebuild small business, those indexes like the russell, that is in correction territory for the third time this year, can actually succeed. and instead of struggling down here through it and allowing banks to benefit from what is going on here. david: bernie williams, eric marshall, todd, we're not through with you. we'll be talking more with you when the s&p futures close. thanks, gents. we appreciate it. liz: a lot what happened today reflected in a stronger dollar that just started to weaken just a bit. we want to hear from you. do you think a strong u.s. dollar is good or bad for the market? different question than good are or bad for the country, right? send us a message on facebook or tweet us@fbnatb.

david: you don't have to look for turmoil all over the globe. you have ukraine, isis, ebola. others like legendary investor jim rogers run the opposite way to scoop up deals. he will tell us where he is putting his money now. liz: shares of jcpenney get whacked after the retail chain cut its forecast but, had you listened to our next guest, j.c. paretz you would have sold before the downturn. you would have walked way awith tidy profit. you can't afford to miss what jc has to say today. david: the nation's largest employer withdrawing coverage for 30,000 part-time workers. will other companies follow walmart's lead and what does it mean for insurance rates an premiums? ♪ you drop 40 grand on a new set of wheels,

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>> cheryl casone in the newsroom. we're getting breaking news right now on gap. you know the retailer based out in san francisco. the company's ceo is stepping down. these headlines crossing. the stock getting hit as a result of this news. glen murphy is going to be stepping down. they are naming a new ceo, art peck, will now be the new ceo of gap. bob fisher will be chairman of the board. a lot of management changes happening at gap. investors don't like it. all this buried in the release

which was september same-store sales. gap has been a sales comeback over the last year or so. investors don't like with they're seeing guys. basically september sales were flat. not a big part of this but again a huge management shake-up with regard to gap. remember they own banana republic and old navy. a lot of our viewers know the names. now you see the stock. guys, there you go. shares of gap getting hit in after-hours. liz: cheryl, thank you, down about 7, 8%. ebola stocks. stocks related to drugs that may or may not work have been trading with insane volatility. david: yeah, a lot of volatility. let's head back to nicole petallides. she is on the floor of the. nicole? >> look at some names related to drugs. they're developing vaccines as well. key merix has been the one in focus. it had huge swings. it was up 10%, down 10%.

look at tekmira and biocryst. lakeland up 15, 16%. lakeland makes hazmats suits to prevent getting ebola. it's a micro cap stock. in other words, there is not a ton of shares out there. it is a little i will quick lid you could say, right? a little more volatile. got to be careful. an exciting idea, some way, shape or form, may be good fighting ebowl law. >> nicole, thank you very much. >> s&p futures closed 15 seconds ago. let's go back to todd horowitz. does the rally continue? >> they're closing on absolute high. rally could continue tomorrow. remember investors invest money you could afford. traders look to short the market. liz: that is always good advice no matter what is happening. david: todd, thank you very much. >> less than one month ago our next guest said to sell shares of jcpenney. since his call in mid september,

the stock has plummeted 20%. he also told us earlier this year to sell silver. prices have been declining. today settling around $117. where should investor go from here -- $17. what is his next big call? j.c. paretz, eagle bay founder and president, with an eagle eye i would say. do either of these now look attractive in any way, shape or form? silver, 17, why not buy it here in it looks cheap. >> depend on what your time horizon is, if you're a short-term trader i think we get a bounce. it was 17 and change. we could see 18, 18 1/2 before it rolls over. remember the reason we hated silver so much because it kept bumming up against the support, 18.08ish, 18.70. eventually that will give way and it did. now any rally attempt we get will run into that overhead supply. although i do think short-term we'll keep bouncing here, i think you evade that bounce.

liz: you're saying it may go below 15. >> ultimately, sure. liz: doesn't every product have silver in it talking about electronics? at what point do you say buy with both hand. >> i hear that same argument and $50. could you make that same argument then and we're a bear market. listen to gold bugs and precious metals bulls been saying same thing for last three or four years. the trend is down. liz: jcpenney how did you know to sell them? there were believers coming back into that market. >> that is to be expected. came on the show. said it would go up 30%, it did. consolidated. said it would go up another 30%. it did. when momentum picks up when sentiment starts to change. we saw a nice bullish consolidation after all that and it looked great. these bullish consolidations that should resolve themselves to the upside, when they don't, which is what happened in jcpenney last time i was on the show, the market is speakings. if we don't listen i don't know

we're watching it. liz: voting machine. so what is it voting on next? what is your next big call, j.c.? >> well, i don't like jcpenney. could go higher, could go lower. i have no idea. not for me. precious metals i think they're all going lower. in short term this bounce is going to continue. i think gold will continue to bounce. we could see 1250, 1208 in gold. silver we could see 18 1/2. -- 1280. the catalyst for that is the dollar sentiment. one of the biggest reasons we hated precious metals because everybody hated the dollar and as the dollar has been rallying that is bad for metals. we're actually now seeing extreme bullish sentiment in the dollar and we've been backing off the dollar last couple weeks. liz: just because the dollar started to look very bullish, here is u.s. dollar index chart, hitting one-year high within days. >> we liked dollar in may when everybody hated it. now that everybody loves it, we hate it. i think it is going lower. liz: what do you love now?

>> to sell strength in metals. liz: that is your message. what about palladium and platinum. >> platinum you can group in with gold an silver. you could get the bounce you can then fade. if you're going to be in any metal, i would say it is palladium. you know, because it is strongest one. liz: auto industry components? >> i couldn't speak on that behalf, but pricewise without a shadow of a doubt strongest from all of them from secular perspective. it bounced beautifully, sunday night. what a move that was. so i think that move continues. if you have to be in anyone that is probably my favorite but i think in general in metals i think you fade the strength we're about to see. liz: you have to love a guy that watches palladium prices on sunday night. fabulous. calling it right on jcpenney and silver, so much more. david, over to you. david: we listen to j.c. all the time. it has been a tough year for general motors new ceo mary barra. the company has recalled 30 million vehicles this is year

alone but could china be a bright spot in the company's future? jo ling kent sat down with mary barra on a one-on-one interview of the she will give us details on the company's strategy moving forward. markets rebounded after a steep selloff yesterday. with the markets in volatile state where should you put your money work? we talk to legendary investor jim rogers. that's next. ♪ yo, bro, you on woo-woo? are you kidding me? everybody's on woo-woo! [elevator bell rings] woo-woo? lock and load, people! we're going all in on woo-woo! mark! comp us up a profile page! susie! write us some posts! i want sponsored woos. i want targeted woos.

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david: time for a quick speed read. some of the day's other headlines, five stories in one minute. first up, the world bank estimates that the cost of ebola

could hit $2.4 billion in africa by end of next year. the economic impact of the disease is very significant in the region and could be catastrophic if it become as bigger health care crisis. commerce department is considering ban selling tobacco products on military bases and ships. it would prohibit sale of cigarettes, cigars and chewing tobacco. walmart announcing it is cutting health care coverage for 30,000 workers and raising premiums for its full-time employees. fiat chrysler ceo sergio marchionne is planning to retire at the end of 2018. according to a recent report, he said he will step down after completing the company's five-year plan that was unveiled earlier this year. facebook developing an app that allows anonymity. social networking giant is working on a feature that would allow users to interact on the app without using their real names. that is today's "speed read."

liz? liz: global growth concerns are really continuing to weigh on investors. good giant yum brands delivered disappointing third quarter results but largely on weakness in china with same-store sales fouling 14% in third quarter. david: not all multinationals are hitting the brakes on china. earlier today jo ling kent spoke with ceo mary barra at fortune's most powerful women conference in california about why gm is not shying away from doing business in china. jo? >> i guys. mary barra, ceo of gm, saying she is going to put $14 billion into china between now and 2018. she is depending on the middle class to spend money. this is how we will do it, five new plants and five million new vehicles is the target per year to sell in main lan china. they want to launch 60 new or refurbished models.

including nine suvs, not a common vehicle sold especially outside of cities. why a huge push right now? more increased government scrutiny and chinese gdp growth rate is slowing down. this is what she had to say. >> we're in there for a long time. if you look there is still tremendous growth in the industry. we have strong partnership with our jv partners and we have strong products with the cadillac brand launching and seeing great reception in growth. strength of buick for several years and see opportunity to grow with chevrolet. >> and as for the domestic consumer here in the united states, mary barra repeatedly telling me she wants to get it right despite 76 recalls, a record for this year an millions of dollars plus, at least 24 tragic deaths linked to those faulty ignition switches. liz? liz: jo ling kent, thank you very much. david: thanks, jo. great interview. coming up looking for opportunity where others see danger?

jim rogers, he is not afraid to run away from the herd. he is always doing that and makes a lot of money. we'll hear where he is putting his money today. liz: the race to find a cure for ebola or keep it at bay had extra your again sy as the -- urgency as the first man to die from the ebola here in this country. what president obama is doing to try to stop ebola. , it starts with the opening bell. and the rush i get, lasts way more than an hour. (announcer) at scottrade, we share your passion for trading. that's why we've built powerful technology to alert you to your next opportunity. because at scottrade, our passion is to power yours. hard it can be...how ...to breathe with copd? it can feel like this.

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liz: bounce, try bunge jump. stocks went high with the s&p and do you, logging the biggest one-day percentage gain for the year after the minutes from the federal reserve september meeting, they were released and they suggested that the central bank will move cautiously, extremely cautiously when it comes to raising rates. david: is now the time to buy and where should you put your money to work? joining us legendary investor jim rogers, rogers holding chairman. great to see you. you're always a contrarian but there is one contrarian move i want to can you about and it may hurt. that is the russian ruble. the russian ruble is down to levels so low that the russian central bank is trying to spend some of their hundreds of millions of dollars to support it a little. you came on here and were supportive of russia about a year ago. did you get out before the ruble fell? >> no, no. i'm certainly not making any money in the ruble dave, you're

very perceptive but i'm down with it. but, one is supposed to buy panic and we'll know in two or three years whether it is right or wrong. liz: you're looking at long term when it comes to investing in russia which is a play you talked about here on the show a couple weeks ago, jim. have you doubled down on the stocks you like, like aeroflots on the country? >> not yet, liz. i'm waiting to see if there is more pain. there is panic selling in the market. dave pointed out about the ruble. when there is panic selling i try to be brave to step in and buy some. i don't think russia will drop dead and disappear from the face of the earth. the one reason the ruble is going down, the u.s. dollar has been very strong against nearly all currencies. if you look at a chart of the dollar, it has gone straight up. you and i discussed before i've been long the dollar for two or three years. it es going up against everything. david: you were right on that bet, that's for damn sure. i'm wondering it is a double-edged sword, a strong dollar. generally a strong dollar

representative of a strong economy that's a great thing but our economy as you know is still kind of weak. it is still kind of getting up on withering legs. i'm wondering if this strong dollar perhaps could have some negatives attached to it, particularly as we're coming into earnings season. of course a lost company with exposure overseas are concerned about the strong dollar. >> well of course everybody who exports is worried about a strong currency, but, dave, there are 300 million americans and we're all better off with a strong currency. our cost of living goes down when the currency is up and many people benefit. david: that's true. >> if you go back in history american stocks have done much better normally when the dollar is strong. a weak currency not a good way to live. >> i agree. david and i completely agree with that but let's talk about other options out there in markets that look extremely cheap. high grade copper, looking at copper which is so unbelievably tied to any bullishness in the chinese market which we don't

have, we have iron ore looking a lot cheaper and copper looking very inexpensive at this point? do you like it here? is this something you would look at? >> i'm not very good at market timing, liz, i told you ever since i known you. you should watch fox business to find out timing for everything. liz: thank you. i am here in washington because of aping goal la as a matter of fact. angola will open a stock market in a year or two. that will be wildly exciting place to invest. i don't want to get ahead of that. that is not open yet. david: talk about oil for a second. that is related to the strong dollar as well. all commodities are related to the strong dollar now. is oil telling you anything what is happening worldwide? folks are worried that europe might be slipping into recession, china is slowing down, et cetera. >> oil is telling us and all things are telling us the economies worldwide are not great. russia has problems because of sanctions which means europe has problems.

china has been trying to slow down. a lot of people have problems, but in the middle east, many people are dumping oil as fast as they can because they can't be sure they will sell it soon. there may be sanctions and blockades there as well. liz: jimmy, you travel a lot. david and i have been talking a lot about the ebola virus and trying to tamp it down before it comes full swing a horse at full gap lop in this country. are you worried at all? do you think we should cut off flights from west africa to the united states at this moment? you're a reasonable guy. what do you think? >> what should happen, if you go to many airports or canada have to come here you have to go through american immigration in canada before you can leave. they can do the same thing. have american immigration speckists, check the people, if they're okay let them on the flight. closing down -- they did that with sars in asia 10 years ago and it cost billions of dollars, wasted dollars. it is not the end of the world. it can be dealt with. david: by the way you already teased us with one african

country. with panic, near panic with regard to western africa and effect of ebola on it is there any place to get in now? could that panic offer opportunities for people like you? >> well, unfortunately the markets, the countries affected most don't really have stock markets. it is not an opportunity. most of the surrounding countries are not terribly affected yet. it could turn into panic. if this turns into nation or continent wide epidemic there will be great opportunities but i don't see them yet. liz: tell us about the action on the ground in china. you of course lived there for much, a big portion of time. do you get the sense the slowdown a lot of people are hand-wringing over here in the united states is really that bad? >> i do go to china a lot. i live in singapore but close by as you know. no, if you go to china you certainly see still everything bustling. you don't see quite as bustling as it was three years ago. but china's not dropping off the face of the earth either, liz.

although the government has been trying to slow things down. property is having problems. it should, i mean they had a bubble. the government is trying to pop the bubble. as they should. so, yeah, if you're in the property business in china you're suffering. other people are not. david: yeah, by the way, very quickly, is singapore picking up any of the slack about folks worried about hong kong? >> well a little. not much yet. no, no. not that big -- listen,fy years from now i don't think anybody will remember what happened in hong kong, except maybe you. >> yes. liz: we never forget, jimmy. david: good to see you. liz: jim rogers, rogers holdings chairman. we have breaking news. cheryl casone has it. >> we're getting breaking news out of dallas, texas. coming from texas health presbyterian in dallas. that is of course where the last ebola patient excused me passed away, mr. kung can. looks -- duncan. we may have another potential

case. they're confirming a patient has been admitted to e.r. after reporting possible exposure to the ebola virus. we're seeing reports at fox business the patient does have symptoms that are very similar to the ebola virus. right now there are a lot more questions than answers. that is what they are saying in the statement. the nurses, doctors, really have this in place now. they say to evaluate this patient, remember, guys, earlier today we did get reports of a possible second patient in dallas, texas. now texas presbyterian is telling us, yes indeed they do have a potential second case of ebola in dallas. guys back to you. liz: one more, okay. david: the question whether this somebody actually affected by the patient that just died today or whether this is totally separate. >> no names. david: we'll stay on it and give those to you hopefully before the hour is out. we should have more information. thank you, cheryl. so many students settled into their new college courses, the department of education may soon give non-traditional students fewer options of

continuing their education going forward. so what is this new proposed rule and how exactly will it impact students? we'll give you more details coming up. liz: while millions of americans make breakfast special with aunt gem mime ma pancakes and syrup, elatives are suing mad. why are they suing and for how much? we'll tell you when we take you "off the desk." ♪

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david: four-year degree at a lot of so-called non-profit colleges can keep middle class families and students in debt for a long time. that's one reason some for-profit colleges with cheaper tuitions have been gaining on the non-profits. so why and how is the obama administration trying to crush the for-profit education industry with a bunch of new regulations? for answers we turn to one of those for-profit institutions kaplan ceo tom leopard who joins us from london. so, tom, why is the obama administration after you? >> well, i think there's a perception all education should be non-profit. that unfortunately mirrors the fact that a lot of innovation has come from the for-profit sector. online learning, competency-based and also ignores the fact that the for-profits really are addressing an important educational need. that is what you mentioned, non-traditional student, older

student. student that is probably been out of the education system for a period of time. may have dependents. it is really the type of student that we need to make sure in this country is educated. and we're -- this will deny access. david: we're talking about a number of different for-profit approaches to this, but one of those is online degrees, correct? >> yes. in fact, a lot of the for-profit is online degrees. that's what is much more flexible, and meets the needs of especially traditional students in a lot of cases have one or two jobs and trying to climb up the economic ladder. for-profits are very effective. at kaplan the graduation rate for those students is double what it is for the population. david: bottom line what is the administration is trying to limit the amount of funding that you can get, or that students who use for-profit institutions like yours can get, is that correct? >> in essence, yes. it puts a set is of metrics attached to it, that eliminate

programs. now if these metrics apply to all institutions that you would find large institutions even like the university of texas, 50% of their programs wouldn't qualify either. the problem is not with the institution. as we talked about a moment ago, denies access to type of student that need an education in our country. david: one of those metrics by the way, is called gainful employment. it judges how well-paid a certain individual is after they get a degree from your institution as opposed to a non-profit institution. didn't a judge actually overrule that metric back in 2012? >> they did. they came out with regulations in 2010 and in 2011, it was overturned. but the department of education is now coming back with largely the same metrics. in a lot of cases they're even more arbitrary and capricious than they were back then. david: so, really does seem that they have something, they're out for you guys. they don't like the whole concept of for-profit education? >> it is unfortunate because, if

the regulations were really designed to address the debt situation in education or the cost situation, then it would apply to all institutions. unfortunately it doesn't. the fact it only applies to for-profit as you said, means that the administration is really targetting one part of the education sector, and as i mentioned, a part of the sector that does a very, very good job. david: by the way people who would be affected by this, people looking at for-profit as we see here, 3.4 million people, use these institutions, and most 67 them are from middle or lower middle class background. and they are people, they're adults who want an advanced degree later in their life in order to advance themselves, they're the ones who would suffer from this, right? >> that is exactly right. those students, those students are the students that are catered to for the for-profit sector. in a lot of cases awe mentioned the for-profits provide a much different product. a an online product, much more

flexible in flexible for scheduling. the time for degree can be stretched out if you have one or two jobs. this demand was not being met by traditional institutions. david: right. >> it was designed to address it. all regulations should be fair. david: tom, we have to go, gainful employment rule, the one the department of education is put into place, if that is put into place would that rule be enough to put you out of business? >> well it wouldn't put us out of business t would force us to change on of offerings. the problem though it will deny access to those 3 1/2 million students that are going to need it. that is what the real problem is. regulations ought to apply to everybody. they ought to be fair. and they ought to address and insure that we have access to the students that most need it. this going to deny access and it is not fair. regulation should apply to everyone. david: tom, ceo of kaplan. good to have you here. >> thank you. good being with you. david: liz? liz: on heels of that breaking

news there is now a second ebola patient in texas fears of the spread of the deadly disease have claimed its first victim in the u.s. we'll tell you how government fishes are now ramping up their safety efforts. that's coming up. the heirs of two woman who worked as aunt jemima are demanding a multibillion-dollar cut of the popular pancake business. we'll tell you how much they want next. >> hello, everyone, i'm gerri willis. coming up on my show at the top of the hour, the feds propose new screening procedures for ebola. how will those new rules affect you? will they do anything to protect us from ebola. we'll get some answers. that is just one of the big consumers stories coming up on "the willis report" in just a few minutes. ♪

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additional screening a five u.s. airports, jfk and newark, dulles, dallas, and hartsfield in atlanta. the most effective screenings are ongoing some from west africa. the white house says the new measures in the u.s. will affect a slight percentage of travelers. >> we're able to target these measures specifically to individuals traveling from these three countries this is relatively small group, well, not relatively. this is almost by my measure a very small percentage of the broader traveling public who will be subject to these additional measures. we're talking about on average of about 150 people total at those five airports. >> that's 150 a day. this is a dallas patient becomes the first u.s. ebola death. thomas duncan died at texas health presbyterian hospital in dallas. that facility announced it

admitted a patient with possible exposure to ebola. doctors are preparing to examine the patient and there are more questions and answers about this case. again stressing this an unconfirmed case. there is no one been confirmed yet with another case of ebola there. david: we're still trying to find out, rich, whether this is one of the people that had can't, direct contact with duncan or not. we'll find out hopefully soon. rich, thank you very much. >> we need to get to that nurse in ma did who became the first person to contract ebola outside of africa. while she receives care, her dog has really gotten to the forefront of the news. the dog is named excalibur and has been controversially euthanized by spanish authorities. this comes amid fears excalibur may have contracted the disease through contact with his owner, despite a total lack of conclusive evidence linking human ebola infections with dogs. campaigns to save the dog were unsuccessful. here are some images that supporters have posted on twitter to try to save

excalibur's life. more than 300,000 people signed a petition to protest the youth facia. that is intense loyalty we share with fellow pet owners and reason pet insurance industry is rapidly ramping up especially in north america. it has been increasing average 13.2% an alley since 2009. in 2013 the mortgage the north american pet industry premiums totaled 618 million. with more than one million pets insured. total premiums are expected to surpass one billion dollars, david, by the year 2020. david: we should mention by the way that dogs have been known to carry the ebola virus. there are reasons why that was done. coming up, we're going "off the desk" to tell you about a sticky lawsuit involving the family of pancake legend aunt jemima. the company behind the breakfast

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so i can reach ally bank 24/7, but there are24/7branches? it's just i'm a little reluctant to try new things. what's wrong with trying new things? feel that in your muscles? yeah... i do... try a new way to bank, where no branches equals great rates. david: time to go "off the desk." whether you're a pancake fan or not, everyone knows aunt jemima is household name and now aunt jemima's relatives are suing for money they say they're entitled to. the great grandsons of ann short harrington, better known as aunt jemima. they say they are to get a percent of every time the family's likeness is used. they're seeking $2 billion compensation but share of future revenue from the quaker oats company. liz: now i want pancakes. also off the deck, this is not your typical veggie burger. a stanford university professor turned entrepreneur, found the

secret to replicating the taste of red meat. it comes from, plant blood. david: plant blood? liz: yes, david. possible startup in foods, created impossible burger using plant blood. this burger looks, feels, tastes almost feels like the same thing. each patty costs about $20 to produce. david: a lot of money but like to try one. number two thing to watch tomorrow will be chain store sales. they track sales from drug and discount stores. chain store sales are good indicator of retail sales apconsume trends. >> number one thing to watch, weekly jobless claims. here is what economists are expecting. number of americans filing for first time unemployment benefits will remain near prerecession levels. that is good news. claims are however expected to rise 7,000 to 294,000.

we should mention, that gains today, almost exactly mirror yesterday'ses loss. past two days we had flat market. that is the thing we'll be watching. tomorrow will make the difference. liz: "the willis report" is next though today. gerri: hello, everybody, i'm gerri willis. coming up today on the show, a small business owner taking the vice president to task over the minimum wage. saying he can't afford to raise wages in this economy. we will have that exchange. should amazon workers have to clock out before standing in line for theft screening at the end of their shift? it is a debate making its way to the supreme court and "the willis report." today's announcement was good news for your 401(k). we'll tell how to prepare for when the federal reserve does start to raise rates. "the willis report" where consumers are our business starts right now. >> first person diagnosed with ebola has died in the