cheryl casone joining us for housing in london. "money," starts right now. melissa: the gains are completely wipe you had out as new sales in the year. concerned workers walk off the job. battle for kobani, key city on turkey border may be test strategy for isis and critics say it is not looking good. money talks. president obama blasts billionaires from a billionaire's estate and attending a billionaire fund-raiser, where he took pictures with billionaires. get it. top pick for hard-hitting show, new show. even when they say it is's not, it is always about "money."

melissa: steep selloff, owe blight rating the year's biggest rally. the dow plunging 300 points before cutting those losses. all major indices down well, more than 1 1/2%. 1 and 3/4%. we have dan shaffer of schaefer asset management. charlie, this is one of the selloffs, nobody can agree what it is. >> i'm not saying get out of it because i don't believe you should get out of it now. it is artificially inflated by the fed and when you have little sort of hint coming out of the fed they may raise rates. there was something of that nature today, one of the fed governors, someone weighed in, i can't remember which one. one of the hawks. melissa: usual nonsense. >> the market trades off, off 300 points. i will say this, this shows you why inflating a market based on printing money is really bad for the general public. the average american should not

be worried about every single thing that comes out of the fed. should be worried about, is the economy improving? is corporate profits up? they should not -- >> if weren't for the fed inflating market last few years, the stock market would not have doubled over last couple years. so i don't think you can discount the importance of the fed to -- >> i'm not doing that. built on -- you think this is normal? >> listen the global economy is slowing down. >> no. 300 points up yesterday. because janet yellen suggests maybe, she will keep interest rates high. 300 points down today because some idiot -- some guy goes out there and says, maybe interest rates will be cut. that is not normal. >> traders point of view what is going on. the fed is trying to hold up the market and smart money is selling into this. >> that is a good point. >> this is are with we're now getting volatility. if you look at major hedge fund guy, the gurus, they have been buying puts. shorting market. some are 10% short positions.

i'm short in my portfolio with a hedge program. it is absolute lay a tug-of-war because the wealth effect that the federal reserve believes in is now going the other way. melissa: speaking of bigwigs, apple fighting for green thanks to bullish predictions from carl icahn, billionaire shareholder claiming that the stock is worth twice its market value, twice what you see on the screen, writing a much-hyped letter to tim cook, quote, we're simply asking you to help convince the board to repurchase a lot more and sooner. we feel compelled to do so because we forecast such impressive earnings growth over the next few years. charlie, this is your story. >> listen, i think steve jobs was at the helm, he would, he would just tell carl to go fly a kite. that said, you know, carl has got a lot, he has a lot, here's the thing, when you force ebay to do what it did, guess what happens? apple even has to listen. this guy is very powerful. interesting battle between wall street and silicon valley, that old guard from wall street

would be at it, attacking silicon valley. by the way when we had him on two months ago, before he backed off ebay and they actually did what he wanted to do? melissa: right. >> you remember how he wouldn't go after marc andreessen. melissa: saying incredible things and they made a deal behind the scenes. >> that is thing. andreessen and he are back hating each other. i spoke to carl not too long ago. we'll have him on at 3:00. he had nasty things to say about andreessen. andreessen took a shot at him. he will take a shot back. carl is not guy i would want to get into schoolyard brawl with. melissa: you, charlie gasparino? come on! >> even me. melissa: here is rich irony for you, president obama bashing republican as the party of billionaires this is while he was partying with a room full of billionaires. in the midst of collecting five figures a head from the 1%, he sent a fund-raising email saying quote, are you ready for this, i hope you're sitting down at home. he said, if republicans win we

know who they will be fighting for. once again the interest of billionaires will come before the needs of the middle class. he said this. i mean 25 donors who paid $32,400 each to get their picture taken with him. >> bob wolf is very good friend of mine. wall street guy, former head of ubs, very close with the president. plays golf with him. i always ask him, do you stay close to obama because you're, stockholm syndrome? melissa: what does he say? >> i can't understand how tony james over at blackrock, blackstone -- melissa: paul jones. >> all these limousine liberals, actually like this guy after he basically, basically cast such aspersions and turned world against them. melissa: he flew in a convoy of helicopters from being with billionaire george soros and billionaire paul tudor jones, he landed at the greenwich polo club with his helicopter. so he could attend -- >> this is politics. everyone knows growing inequality is a huge problem in

america and obama trying to address that problem. but i agree he should -- >> what do you mean? melissa: trying to address the problem by taking money with billionaires? >> think about what he is doing so bad. out there in very difficult economic climate, saying almost a crime being successful. these guys, you know, i like bob a lot. i almost used the word i didn't want to use with him. but these guys actually let him get away with it. >> i know bob. he is a great guy. we coached little league together back in the day. i'm in greenwich. those polo fields are north of me. melissa: what are you trying to say? you're a billionaire? >> no, no. some of these guys, paul tudor jones, down bit beach and water, beautiful home. his office is bit airport. i don't get it. i don't talk politics because i don't want to. doesn't make sense. melissa: make us feel guilty. >> catering to the left which is growing force in democratic party. that -- >> but it is wrong. >> i'm not saying it is right. that is what he is doing. >> you about he is going, president bush went to the

lowest common denominator went out and went after the real right ringers -- wingers or republican candidate he would be vilified. melissa: catering to billionaires, while with them. he is there saying what do you want? i'm your president. i'm taking your money right now. he send out an email about other people catering to billionaires while he is doing it. >> these attacks to billionaires. leaves out, people getting hurt are people who want to be rich, who want to start businesses. melissa: we have to move on. >> all about narcissism. melissa: gap, thanks to departing ceo, the stock plummeting amid news glen murphy will step down effective february fist. what do we think about that story? who wants to take this one? >> about gap? melissa: yeah. >> talking about the retail business. i think murphy getting out right at top, right at point where he should. melissa: you go into a gap and not like it is overwhelmed with customers. >> here is why he is doing it. >> global growth slowing down.

get out at top of the game. i don't think time something so bad. released after the bell. >> overreaction. 12%? that seems a little bit too much. melissa: well -- >> here is eliot spitzer. , went into a store to buy his girlfriend to buy a dress and this guy is resigning and stock is down. [laughter] destroyed aig. he destroyed ban. gap. slept with prostitutes. what else do we say about him. melissa: oh, my goodness. the kind of email that end with a promotion or pink slip. a wells fargo employee emailing ceo john stump about 200,000, and about 200,000 other employees asking for a $10,000 raise. so he wrote this email to everyone. he said he has been with wells fargo seven years. he makes $15 an hour. plus overtime. not fair when he started at bank, was making $13 an hour. he, asked for a raise in the

name of reducing income inequality. what do we think about this, charlie? >> i don't think there is anything wrong with it. >> wonder if he has a job. this is not what people do in corporations. i think also ironic, banks are known for paying out a lot of their revenue toward their employees. >> what is wrong to ask for a raise? >> everybody -- i don't think, if you've been in the same job for seven years. >> maybe he is frustrated. melissa: shame on you. i'm sure he is frustrated. should go look for another job somewhere else. if been in the same hourly job for seven years -- >> reality is this he is fighting back a little bit. the guy probably knows he will get fired for this and fighting back. >> he may get promoted. >> i was on wall street years ago and used to have client, how come you trade with me you trade 2,000 shares and other accounts are 100? the other clients used to says, because you asked. the guy is asking for a raise. melissa: better way to ask for at raise. the way you leverage yourself and see what other job you can get for more money.

if there isn't another job and you get more money -- >> this is not normal environment. >> here is the thing, what i always noticed? i followed my career this way. the squeaky wheel -- melissa: if anything charlie is, he is squeaky wheel. this is the squeaky wheel right here. if you've eaten one too many swedish meatballs, ikea's talking mirror still thinks you are gorgeous. listen to that. >> that is magnificent. >> wow, have you been working out? darling, your dress looks amazing. >> i love this. ikea putting a talking mirror in a british store this week. what would your talking mirror say to you? >> get some makeup on. >> it's a positive mirror. >> fabulous. melissa: you love it? would your talking mirror say you have fabulous hair? >> probably would say a lot of nice things. melissa: that is where i'm coming for you next. there is so much negative energy out there.

people are always criticizing other people. this is a great pick me up. you know what? you listen to it, in a nice voice, says nice things about you. melissa: what would you pay for this mirror? sound like you what would pay a lot for this mirror. >> i carry a list with me. melissa: list of affirmations? what does it say. control your life and your destiny. i like this. >> i read that before i come on your show. melissa: you have your own mirror right there. >> i need my own list. >> what would the mirror say to you, spencer? one of these, maybe? >> what is on there? melissa: maintain yourself esteem. love it. fabulous. >> never give up. never give up. that's what mine would say. >> wow, dan shaffer making himself vulnerable here on the set. we love it. thank you, guys. key syrian city on verge of collapse. u.s. admitting airstrikes will not save one town from isis. what happens if kobani falls? where in the world is kim

jong-un? the dictator's absence raising more than a few eyebrows. more "money" coming up. ♪

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dierdre: us air strikes continue pounding the region, control around the middle east. even the pentagon is saying the airstrikes won't save kobani from falling to isis. is the city's fate a test case for our terrorist strategy? we have jim walsh, and fox news's lee gabriel a former navy fighter pilot and intelligence operator. thanks to both of you for joining us. jim, let me start with you. it has become the back and forth where turkey is saying you can't expect us to get involved to go it alone on the ground. well, the u.s. is saying you can't expect us to do everything, you need to get involved as well. it is sort of a blame game at this point. who is right? >> i think questions ought to be aimed at turkey. turkey's parliament earlier this week authorize the use of military force. they have a bunch of tanks on the border. this is happening on their border and they're just sitting there and watching isis attack the kurds.

my guess this is a cynical game. they're trying to get leverage on nato, which i don't think will be successful. i think more likely let kurds and isis duke it out. wait for isis to take over and move in and clear out isis. melissa: yeah. >> i think the blame lies with turkey. melissa: meanwhile, rear admiral john kirby is saying that, you know, airstrikes will not save kobani. we have to be prepared for that eventuality. do you think he is laying the groundwork for, you know to make it possible for the president to go back on this idea that we are not going to have ground forces? >> no. i certainly don't. i think what he is saying is part of our strategy. i think we're trying to push turkey and we're trying to push these regional partners to really get involved and put some skin in the game. while kirby said the best forces on the ground would be forces indigenous to that region, i think we have to read between the lines here. we're saying, airstrikes will not be enough. kobani might fall. turkey, this is your problem

now. melissa: interesting. jim do you agree with that? >> i do, i completely agree with that. it makes sense. turkey has a powerful military. this is on its border. if this were happening on mexican or canadian border it would be our job to take care of it. i think turkey is playing a game here. melissa: leah, do believe they can do it on their own or do we have to get involved on the ground? >> i don't think we have to get involved on the ground at this point. the difference, when we went into afghanistan, that was our problem. there was a strike against our country. this is regional problem. none of the surrounding countries want islamic state group to control them. they don't want that level of islamic fundamentalist control. this is regional problem. i think what the u.s. is trying to send a message, we're saying regional partners this, is your problem. we'll not be ones to save the day. you need to do it. you need to put skin in this game. melissa: we need to leave it there. thanks to both of you. at least 19 people are dead in turkey after the deadliest street unrest in years.

kurdish minorities revolting against the government failure to protect the key city of kobani. we were just talking about this. isis reportedly controlling the 1/3 of the city on the syria-turkish border. greg palkot is here with the latest. >> we're at epicenter of the syrian group isis. kobani is two miles behind me. there have been developments in last 24 hours. let's give you a tour of the battlefield. starting on the eastern side, yesterday we reported we believe that isis now had a strong hold there. that has been confirmed today. if we move over to the center, yesterday we were reporting heavy fighting and eerie calm there now. may be a sign that isis moved in there as well. as we shift over to the right, to the western side of the city, there is just a little bit of smoke coming over the hillside. there is what we have seen, some heavy fighting between isis and the kurdish defenders of the town of the just in the foreground, a turkish military jeep and installation.

we've been seeing a lot of turkish tanks all around here doing nothing at all. we'll show you earlier pictures from today, some closer in of the battle. they indicate that isis has been hitting very hard, we believe, that we saw at least one, maybe more isis truck or car bomb hit kurdish defender locations on the western side of the city. to the distance we saw smoke we believe coming from centcom, from u.s. coalition airstrikes. centcom confirming that. they said, at least five us air strikes south of kobani hit isis location, including training ground, supply location, also vehicles and actual units of the isis terrorists. again, the fight is happening in the center of the city right now but those strikes might be disrupting terrorist. centcom confirming there have been five airstrikes in the past 24 hours, hitting isis positions, units, vehicles, training ground, support.

the fighting is going on in the center of kobani but perhaps that is disrupting the resupply lines to the terrorists and could impact the battle. finally in ankara, the capital of turkey, general john allen, heading up the anti-isis campaign and assistant secretary of state meeting with turkish president erdogan. perhaps some heads being knocked together in that session. near the turkey-syria border, greg palkot. fox news. melissa: thanks, greg. i want to show you the market one more time. right now as wee been on the air the selloff is accelerating. we're down 320 points. traders not agreeing what is behind this. it's a knee-jerk selloff after yesterday's big gains. a very volatile october underway. you can't take your eyes off the market. >> into meantime, going to the mat. next time you break a sweat, consider this $300 luxury item. plus caught in the fire. nbc make as desperate push for jon stewart and ends up with

chuck todd. that is a shame. a run for your money next. >> what happened to the whole destroy and degrade plan? don't you guys realize if they take over kobani our entire yogurt supply will be in jeopardy? so i can reach ally bank 24/7, but there are no branches?

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melissa: very steep selloff is on wall street. the dow is near the lows of the session. the low was 334 points. we're at 323 right now. let's go to nicole petallides on the floor of the new york stock exchange. what are traders saying about the selloff? >> you know it is very interesting. traders take selloffs very much in stride. they take volatility in stride. this is 14th day in row where we have 100 point swings. we're down 326 points.

all 30 names are lower. the concerns are ultimately about europe and china and growth slowing there. that's why we're see a selloff. you had oil at recent lows, the 10-year bond, yield at recent lows, yield at 2.33%. that what we're watching, caterpillar, johnson & johnson are selling off. i have a few winners for you here. lakeland, radioshack, alibaba. each has a story of its own but a few winners. back to you. melissa: nicole, thank you so much. this nearly $300 yoga mat will heavy you perfect your downward dog, if you don't mind stretching your budget. here is the cofounder of the smart mat. thank you so much for joining us. we say $300. only if you buy it on indiegogo. if you sell it to the larger public, you will charge $447. how can a mat possibly be worth that? >> thank you for having me on the show, melissa.

i think it is really a relative thing. there is a lot of tools out there that people use to cost a lot of money. if you went and looked five to seven years back in the past, you, somebody told you that the majority of the u.s. population would have a cell phone that cost them $800 it -- melissa: let me stop you there. what does this one actually do? why does it cost that match? is it made of something fantastic? what does it do for you? >> well, what it does, it personalized yoga enstructure. it senses poses that you're doing and make corrections on the pose with alignment and balance. it learns your body. the downward dog i do will be different than the downward dog you do and learn our individual bodies and use artificial intelligence to go ahead and make corrections. melissa: how many people do you think can afford a $447 yoga mat? >> well i can tell you, melissa, the last time i checked the yoga market had a 2billion market cap.

and the largest company, lululemon, sold over $6 billion in yoga pants and, 6 billion-dollar market cap. there is a lot of money going around. melissa: there is a lot of money going around. that is kind of the reason we wanted to do this segment on a day like this. we're watching very dramatic swings going on in the market and looking for signs that maybe good days have come to an end. we look at really richly-priced items that seemingly are a luxury to say the least. aren't necessary. that makes us wonder. let me ask you real quick before you go, can you wash it? it has sensors in it, right? >> yes. you use a spray and wipe it down. you can use it for hot yoga as well. water resistant to certain extent. melissa: good luck to you. the smart mat. thank you, melissa. not all awesome for lego. under attack from green piece

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melissa: the dow was down 300 points right now. we were down 334 as the low, swear getting right back to that level. really quick, give me your take on the selloff. >> i think this is perfectly normal. i think we will see probably another 50 to 100 points draw down from here. melissa: what is causing it in your mind? >> this is mostly technical

stuff we're seeing right now. s&p in consolidation, t you have not been any poignant earnings. algorithms and technical moving this thing lower, no big news story stands out as a major driver. melissa: tesla ceo elon musk announcing something new tonight. although he has dropped some not-so-subtle hints about the new deed. what do you think it is? >> i have read what you read, and it is a self driving car. melissa: do you think it is for driverless? it could dadmobile be, what else could it be? >> .him he would be the obvious thing because it would be a game-changer. melissa: is it the dan mobile?

>> every time he says something it is exciting. melissa: would you buy this stock ahead of the announcement or would you sell it ahead of the announcement? >> i think you continue to own it and i think it is for drive. automation and dual driving system to keep them relevant in a space most competitors already have. melissa: i am going for dungeon and dragons. lego is pulling a deal with show after heavy pressure from greenpeace. the environmental group released this video showing oil pouring over a lego version of the arctic. i think the irony in all of this is legos are plastic, made from petroleum, so the idea, this is an oil-based product anyway, but their distance themselves from

oil because -- you see sort of the insanity of this. >> are they going to make them out of potatoes or something? melissa: i don't even think they have realized that. just don't sell them with the show logo. >> how else are you going to get oil? >> the craziest part about this is lego has nothing to do with this at all. shell is going to go ou and find another company. they partner with museums and educational companies, they partner with all sorts of people. what did lego do wrong here? melissa: i think you have petroleum products in your hair as well. what do you think? >> everything to use as part of oil and everything from making it to the filming to the power is all credit from energy that could be oil-based so they are

trying to make a point, i don't disagree with their point that this is a little overdone. melissa: we have been asking the question here on "money" four weeks and the world demands to know, where in the world is kim jong-un? he has a missing in action for a month and his coming up on one strict deadline tomorrow is the 69th anniversary of north korea workers party. we have a serious problem here. you laugh but he doesn't show up tomorrow. >> he had gout, that is a pretty nasty thing to have. it will look really lame. >> the same thing happened in cuba with fidel castro bid always an you find out is really ill.

melissa: we are learning online retail giant amazon set to open the first brick and mortar store. "wall street journal" says the site will open in time for the holiday shopping season in manhattan. it is going to be on 34th street across the empire state building. what you think of this one? i think my kids are going to drag me the matter what. are you going? >> i like going online, sitting in bed in pajamas, don't have to go anywhere, it comes to me. i don't have to put up with being elbowed and groped, i don't like that. melissa: it made the whole thing even scarier. are you going to the store? >> out see what they can put in the store, it is not that big and they have a lot of online products so how can they decide what is what the in the store to begin with.

melissa: as the biggest airport ramps up screenings, some workers are walking off the job. and snap chat adding advertisements to the mix. watch the call this factor disappear in three, two, one. at the end of the day it is all about cool money. go ahead and put your bag right here. have a nice flight! traveling can feel like one big mystery.

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melissa: i am melissa francis with your fox business brief. snap chat will begin showing ads to users. they will start off simple and will not be personalized. snap chat has a huge following a month pages and millennials but still has no revenue. pepsi better than stated earnings for the last quarter and said full-year results will be better than they thought despite what it calls an ongoing challenging environment and sluggish develop it at home. and steve harvey launching his own dating site. it promises to help members appear more likable and more datable. good luck to him. that is latest, giving you the power to prosper.

melissa: fears over ebola exposure leading to a picket outside of laguardia airports today. protesters are citing unsafe working conditions, they say they are not given adequate protections, the workers who handle garbage and human waste say that demands a date the ebola. the protest come on the day aftr federal officials announced

plans to start checking the temperature of passengers arriving at five major u.s. airports. jeff flock in chicago at o'hare international airport. how is it going now? >> a lot of people making a big deal out of this. you can see the doors open and maybe he is able to see the large numbers of people. 90 plus million people come into this country every year from overseas. look at the focus of the three countries in question from guinea, liberia, sierra leone. this is a very small number of people who will actually be screened by the government's own estimation it will be 150 people per day at all the airports in question. the five airports that will be screening people. two but it in perspective, 247,000 travelers come into the u.s. every day. we will screen about 150 of

them. it is about 30 people per airport. some could be concerned about the cost of this. you only have may be 30 on average, and through each airport screening out of about 50,000 that come through each airport every day and you can see the busyness, this is chicago marathon week, a lot of people coming up to chicago for that, many of them african, many have already been screened with one of those handheld thermometer takers that looks like a radar gun that is aimed at you, it is not an invasive temperature taking but they will do it on this end as well. lot of people questioning in that will do a whole lot of good. we will see. melissa: thank you for that. we were just looking at the temperature done, how accurate are they? >> they are very accurate, fda

approved monitors. the problem with the screening is a ebola patient doesn't necessarily have to have an elevated temperature. they could eventually get a temperature, but that doesn't really, is just one symptom and there are multiple symptoms to ebola. melissa: someway said if some witrich audio into this countryo get treatment here and mask the fact they show symptoms, currently take him okay and or tylenol and get past it? >> of course, but even if a patient was coming here under the assumption i may have ebola, i would hope and pray they would be forthcoming and say i don't feel well, please take me to the hospital immediately. melissa: i have seen a kit for

ebola. >> this is not something that he should waste your money on because these things really do not protect you a lot and in reality when you get to the level of ebola virus it is going to take more than a facemask to protect you against it. melissa: he made an interesting statement, can we play that? >> there has been a single, one patient, since the outbreak was recognized in march of this year, one patient. i could understand concern, but why do you make the jump to thousands of patients, that is not going to happen. >> i agree with him, but look at what one patient did come it created chaos at $1000 per hour. melissa: so you think we are overreacting? >> we don't get a clear picture.

today or yesterday a survey by one of the largest unions of nurses in this country, 71% of our members have not been instructed of what to do, what to look for. so all of that adds up to the uncertainty people have regarding this virus. melissa: stay tuned to fox business at 4:00 p.m. eastern, we will feature an interview with the president of one of the biggest manufacturing's of the thermometer guns you just saw will be here. a quick check on the market, all three major averages down more than a percent and a half. the dow down 306 points right now. larry at the cme, what is behind this selloff, does it continue into the close? >> it is lack of conviction. that is the only constant. no a difference between now and last week, we saw some real selling from hedge funds, mutual funds. a lot of reposition.

no real news has changed the narrative. since i got lot of we can considering double digit moves 10, 15 trading days people don't know which way is up. melissa: thank you very much. i want to bring in liz claman, she is a big interview coming up. liz: carl icahn, the billionaire investor calling into the program but only charlie gasparino knows the best questions to ask him. he and i will be double teaming carl icahn on the push for apple again. wasn't it enough the first time around? the stock is barely moving up a third of a percent on a very tough market day. coming up in just a few minutes. we are watching the market extraordinarily close the every step of the way. we are off the lows down 345

points for the dow jones industrial. still triple digits, but the point being every step of the way, and whole bunch of trading floors in the next hour to tell you what to do, how to do it, which ones to buy, which ones to shed. see you at the top of the hour. liz: a car lovers dream, live at hershey pennsylvania. where some of the most stunning cars ever made are up for grabs. a huge bill after they allowed this rush to happen. this into how they managed to raise the cash. you can never have too much money in this case especially. so i can reach ally bank 24/7, but there are no branches?

24/7 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. yoare you kidding me?oo? 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. we need an ethnically ambiguous woo-woo mascot. dude. are you still on woo-woo? naaaahh, man, my mom's on woo-woo. ♪ so ally bank really has no hidden fethat's right. accounts? it's just that i'm worried about you know "hidden things..." ok, why's that? no hidden fees, from the bank where no branches equals great rates.

melissa: weathers unwanted or main street, here is who is making and losing money today. jimmy buffett, cultural icon picking a fight with music service spotify saying they are too cheap and pay too much in royalties. paying 70% of revenues and the artist should take their battle to their music label. raising the might to cover the sec fines, ole miss got find 50 grand for rushing the field. they tal took to crowdfunding oe to raise $75,000 covering the fine but the 20 grand they needed. finally a crowdfunding exercise i can get behind. automotive enthusiasts are flocking to the auto auction in

pennsylvania. adam shapiro is there now, show us these antique beauties. >> i am in front or behind a roadmap, this is the largest swap meet. 200,000 people and they come from all over the world. what do you think attracts them? >> the cars first, friendship second, each and every year. >> whether it is $5000 ac or 200 is a $5000 packard, if you are looking for that part nobody makes anymore that is obscured, chances are you can find it. it is all automotive. >> you have to hit all of them. flea market spaces, you might need should be out there.

>> you collect oldsmobile, took 15 years and you stumbled upon the light you are looking for. >> you have to keep your eye open, head on a swivel because you never know when the part you need is sitting there. >> thank you very much for joining us. headquartered in hershey pennsylvania. maybe the chocolate capital, but these sweet rides would take the taste away from hershey. melissa: thank you. and what's the chalk, it could have been jo jon stewart. why the highest paid a late-night was being courted by nbc. at the end of the day it is all about "money." hi, are we still on for tomorrow?

tomorrow. quick look at the weather. nice day, beautiful tomorrow. tomorrow is full of promise. we can come back tomorrrow. and we promise to keep it that way. driven to preserve the environment, csx moves a ton of freight nearly 450 miles on one gallon of fuel. what a day. can't wait til tomorrow.

when folks think about wthey think salmon and energy. but the energy bp produces up here creates something else as well: jobs all over america. engineering and innovation jobs. advanced safety systems & technology. shipping and manufacturing. across the united states, bp supports more than a quarter million jobs. when we set up operation in one part of the country, people in other parts go to work. that's not a coincidence. it's one more part of our commitment to america. >> well, this has got to make chuck todd feel like the belle of the ball. nbc reportedly made a massive

push for jon stewart to helm meet the press before settling for todd. offering to quote back on the brinks truck. simon and dan are back with us to discuss this. i always say too many people get their news from jon stewart. what i mean by, that he is so entertaining that people don't realize they're fed the liberal agenda and the liberal talking points. they laugh it up because he's very funny. do you disagree with this? >> transparently left wing and very talented. >> i don't think it is transparent. >> i think he conceals it. >> he's a comedian and i don't think they see through to that. he makes a good point, these days people need to be entertained there. are so many channels. that is why we have a good time on the show. make no mistake, i'm giving you the news and the headlines and

everything in the market. you need to laugh and be entertained in order to stay with us on this channel, am i right or wrong? >> that's why we're here, to be entertained. >> to be entertained or entertaining! >> i can be a comedian if you want me to. >> please do. >> i wonder how chuck todd feels about this though, willing to back up the brinks truck, he was second choice, did he get the brinks truck treatment as well, or do you need to be jon stewart? >> one of the parking meters for him? >> would have been a historic moment to see a comedian do what is ostensibly nbc's most serious show, meet the press, right? >> i couldn't see him do that show, not in the right light. >> might show how desperate they are. this is a week all of their major shows have fallen behind. brian williams lost his lead over to abc, the "today" show has fallen behind and you hear

the desperate measures to stop that from happening, shows how desperate they are. i want to show you the market, we have a big sell-off going on there. no desperation, no panic, just the sell-off. 324 points down right now. this is not the low of the session but has been a wild october. here's liz claman. liz: the low of the session 345 points to the downside for the dow. just a brutal day for the bulls, but we begin with breaking news. we're watching the significant sell-off, a stunning reversal after yesterday's across-the-board rally as investors run for the exits. but first carl icahn delivering on promise of quote, an interesting message for apple ceo tim cook. in an open letter to the company that came out today in the wake of his tweet yesterday. the billionaire investor urged mr. cook to accelerate share repurchasing or buybacks saying the stock is worth twice current market value. but with apple's big product