Skip to main content

tv   MONEY With Melissa Francis  FOX Business  November 14, 2014 2:00pm-3:01pm EST

2:00 pm
without further adieu, we turn things over to melissa francis. "money" starts now. melissa: thank you so much. another day, another obamacare insult. gruber-gate rages on and for me it is getting personal. shake up u.s. postmaster service. female leads organization first time ever, i want to know why isn't it me! my exclusive interview with the postmaster general patrick donahoe. it is just minutes away. i want to know why i didn't get the job. it's a bird, it is a plane, the government spying on you why whether you like it or not. one massachusetts town looking to ban the sale of tobacco products of the we hear from the small business owner fighting back because even when they say it's not it is always about money. melissa: the controversial keystone bill is off to the senate after getting the stamp
2:01 pm
of approval from the white house just last hour. meanwhile president obama is doubling down on his opposition to the bill. take a listen. here with fox business, fox business senior correspondent charlie gasparino. we also have "barron's" jack hough and james freeman of "the wall street journal" i think we can all imagine what he said. that is not a big deal. >> i watched what he said. melissa: wait. let's play it. no, we don't have it now? okay. >> part i heard, which i thought was absolutely astounding was when he dismissed the issue by saying, it is canadian oil. melissa: right. >> then he basically suggested that, only canada benefits from a huge pipeline running through the united states that takes oil not just from canada but also from the bakken shale in the u.s. down to refineries on the gulf coast. thousands of jobs along the way, building this thing. melissa: what is amazing, it is another obama lie. much like we're going to get to
2:02 pm
a little later in the show. oil is fungible. anywhere it is sold lowers price all around the world. >> right. another economic stupid statement that he is has made. media lets him get away with it. simple supply and demand. increase supply. demand stays stable, all things being equal the price should go down and that is what is scary about put obama. i does this every single time. i will say this again and again and hillary clinton is most uncomfortable here involved with ridiculous economic debate. you know what? she wants economy to get better so she can win. melissa: go ahead, jack. >> not transporting that oil by pipeline, what are you doing? putting it on trains to refineries. those are worse for the environment. we deserve a little more coherent explanation what is wrong with this pipeline. melissa: details emerging of secret u.s. spy program that targets americans cell phones. that means you. a report revealing the government is using planes to mimic cell towers to know where your phone is and exactly who it
2:03 pm
belongs is. everybody always knows where your phone is, charlie. >> they have a full-time tap. >> cia knows i looked what oscar madison in the odd couple used to like to eat. goop malange. cia knows that right now. melissa: james, what do you think the cia knows -- >> comment on that? melissa: let's leave that. >> justice department, this is a, i think should give us a level of fear that personally i didn't have the about nsa thing. the reason is because there are bad guys in the world. nsa has not been politicized. the justice department has been highly politicized under this administration. so i think everybody, even national security conservatives are probably going to look at this kind of issue, and say, let's rein it in. let's investigate it. see where it comes from. >> did you guys think they were actually doing this anyway? melissa: called dirt box. >> dirt box? melissa: right. comes from the name of the company that made the device
2:04 pm
drt, digit ral receiver technology. it is from boeing. boeing declined comment on the story. they can ping off your phone and know exactly hour. >> feel like a lot of people reading will say, we live in a world with a lot of people trying to do harm to americans. i'm not doing anything wrong. if they want to tap my phone, move on. melissa: how does it go from there to all of a sudden you're in divorce proceedings and you're a lawyer wants to go ahead and subpoena records see where you were having an affair, where were you? idea of tracking you all the time, it is not just bad guys every time. >> where the tinfoil helmet. melissa: my phone does. i will wrap my phone. >> any sort of kudos, i do give him some kudos we are now know how much the government can get of our private lives. i think having that debate, that he started is a very, very good thing. melissa: if pimco didn't have enough to worry about already looks like some institutional investors are fleeing the firm along with the bedbugs. charlie gasparino is here with details. >> this is after bill gross
2:05 pm
leaving. what we know about pimco the executives in there are bracing for billions, tens of billions of dollars to leave in january. why is that? that is the date when institutional investors can start to yank nair money outs posed to retail investors invest in the real return fund, gross's old advisory firm. mimic of account they can put in is $100 million. think about that is $100 million can be whacked out on everybody that pulls money out. they're take talking billions of dollars. pimco from what i understand is working around the clock essentially to prevent a deluge coming out. this is pretty big. january is the time. melissa: either of you guys want to react to that? >> the business model after bill gross is be more conservative, stick close to the edges and make money but bond yields are so low it is not worth it to pay somebody big money. >> that is one of the challenges for alley yawns, how do you
2:06 pm
manage his exit. there was weird behavior, fund was starting to struggle. they paid enormous price as people reconsidered pimco investments letting him leave that way. tough way but this is -- >> you wonder why people, why they care -- by the way $100,000. my mistake. that 100 million is minimum investment. we'll deal with that late. i wonder why superstar managers matter that much? shouldn't performance matter? it does matter. the name -- >> three years of performance that then -- >> last two years. >> wentdown hill. at what appointment do people leave? melissa: postmaster getting first female chief. it is not me! who do i write to. patrick donahoe is retiring and ceo meagan brennan is getting top job. i was campaigning for a while. there are good businesses. it is prime turnaround. bring in private equity. whack out the bad businesses.
2:07 pm
get rid of unions. >> get rid of unions, huh. melissa: i think you have to. only way to do it. too many legacy costs. you have to go in. turn around opportunity in there. we'll have the postmaster coming up exclusively later on in the show. >> someone that works for the post office? melissa: patrick donahoe is leaving. he knows. there are booed package delivery is good. >> congress and unions continue to run it despite his presence there. he probably had enough. in terms of a turn around, maybe with the change in senate control, maybe they allow you to start doing things like get rid of saturday delivery. melissa: i kind the doubt it. >> i doubt it too. melissa: millions of recalls and five deaths laters u.s. is investigating japanese airbag maker takata. the airbags can explode hurling shrapnel inside of the car at people. takata execs testify in front of the senate next week. tough story, jack. >> it is another case of a manufacture you are that has seemed to have not been quick
2:08 pm
enough in acting on known issue with its part. it is really trickling down to a lot of big auto manufacturers. they have to do costly recalls in a year when ford took a huge expense on recalls. gm is obviously, its earnings have been shattered this year by recalls. this is a big issue this year. melissa: walmart protests turn into a stint in jail for 23 people. what started out as sit-in of 30 at los angeles area walmart, turned into demonstration blocking traffic. forced police to make arrests when they refused to move. what do you think about this one? >> as someone who has been on the strike line with my dad in the old days i applaud people's right to go and strike. i will say this -- melissa: you stood on the strike line? >> my dad used to let me skip school. melissa: really. >> that is true. melissa: explains a lot. >> when you disrupt traffic, when you make miserable for other people it is one thing to have a strike. another thing to disrupt business, disrupt people's lives. when those idiot kids were
2:09 pm
bicycling in new york en masse, couple years ago, some sort of environmental protest? melissa: yeah. >> they created one of the most hazard does situations. melissa: i remember that. >> they invited terrorists to basically do something while cops were trying to keep law and order in midtown. they should go to jail. when you go to jail, you see how nice it is in jail. not the place you want to hang your hat on. melissa: jack, what do you think? >> walmart, you reap what you sow. walmart can't find any growth because low income consumers are hurting. melissa: come on. >> guess who those are? they work at walmart. >> shoppers want low prices. >> this is like mcdonald's. >> they pressured mcdonald's. mcdonald's is going to more automation and have less workers. now they're after walmart's like it is walmart's job to make sure everybody can have a job. melissa: if you don't like the wage you can quit. millions of people want your job. you don't have to do it. >> i think minimum wage should be brought up to where it should be before it fell behind. melissa: thanks, guys. vladmir putin bringing strange
2:10 pm
party favors to a summit, stationing warships off the coast of australia. plus the media running scared from gruber-gate, including one of my former employers. i guess stephen colbert and me from here on out. smart money coming up next. >> stupidity of the american voter. professor gruber just delivered a death blow to obamacare in what i'm calling the, gruber film.
2:11 pm
2:12 pm
2:13 pm
>> very clever, you know, basic exploitation of the lack of economic understanding of the american voter. american voter is too stupid to understand the difference. basically, calls the stupidity of american voter. melissa: straight from the horse's mouth, jonathan gruber telling you that the architects of obamacare think you're stupid and most importantly, they are absolutely counting on your lack of economic understanding. they aren't the only villains in this story though. they are also depending on the liberal media to help them cover up the truth. so far nbc, abc, "the l.a. times" and associated press and others, have been only too happy to comply.
2:14 pm
those outlets have not even mentioned the video evidence, from jonathan gruber. it is shocking. but it actually doesn't surprise me. when i was at cnbc, i pointed out to my viewers that the math of obamacare simply didn't work. not the politics by the way. just the basic math. and when i did that, i was silenced. i said on the air, that you couldn't add millions of people to the system and force insurance companies to cover their preexisting conditions without raising the price on everyone else. i pointed out that it couldn't possibly be true that if you like your plan you can keep it. that was a lie. and in fact millions of people had their insurance canceled. as a result of what i said at cnbc, i was called into management where i was told, that i was quote, disrespecting the office of the president by telling, what turned out to be
2:15 pm
the absolute truth. this fox business, is the only network, and fox news, not complicit in the campaign to keep you in the dark. don't trust the other guys. i can tell you first-hand, they are willing participants in the campaign to keep the economic truth from you. don't let them do it. joining me now with reaction, media expert and fox news media analyst howard kurtz. howard, thanks for joining us. does my story surprise you? >> only the fact that it was so blatant that you were called in and told you're disrespect the president. we're supposed to aggressively cover policy debates like obamacare. by the pages of "the new york times," and newspapers still have not covered this and, we're on day five of what we call here, gruber-gate and there is still a partial blackout. cbs and "washington post" caught up realized this is a real story. but the rest of them not so
2:16 pm
much. melissa: why do you think that is? i remember telling people about this at the time, that i was told, i was quieted saying you are disrespecting the office of the president. why do you think media outlets don't want to cover this? are they true believers? do they think their viewers don't want to hear it? what is it? >> i'm not somebody who runs around crying bias in a crowded theater but there is really no other explanation. sometimes, television, limited time on broadcast networks there are other stories that dominate, nobody in america has ebola anymore. there is no excuse there. either sub down schussly, rationalizing who is this guy, jonathan gruber, he was paid $400,000 by the obama administration to consult on obamacare or trying to protect the president. i can't come up with another explanation. melissa: yeah. >> if you originally thought this doesn't really grab me, it reached fever pitch. members of congress are talking about it. white house is being asked about it. that's news. melissa: i want to bring in charlie gasparino, he was at cnbc as well.
2:17 pm
are you surprised by my story? >> i quite frankly am surprised. i, listen i'm not surprised by liberal bias. i worked in the mainstream media throughout my career. i'm right of center. i never hello my feelings about, devote day of the free markets, never held back on that. i seen the way it works, usually as howard says, a lot more subtle. i know this i know mark hoffman runs cnbc. i think he is a decent guy. the dick hogan, runs news operations, decent guy. here is one of chilling aspects working in the mainstream media. when i was at "newsweek" and exit polls were in and george w. bush lose to john kerry. people doing high fives in the newsroom. that is one. there was a thing, at cnbc, right after the elections when president obama first took office, markets getting crushed, markets were scared about obama-nomics ability to lead. tim geithner didn't lend a lot of courage and confidence in the markets. we as network started talking
2:18 pm
about that. no sooner did we talk about that, jeff immelt the head of ge owned cnbc at time called a meeting of senior people. mostly anchors. didn't call me, thank god. basically had a talk, a discussion about whether cnbc was being fair to the president. we should point out that ge got a lot of largess, received a lot of largess from the obama administration over the years. now did they tell you during this, did they tell the people during this meeting, go easy on obama? no. there is a chilling effect when your boss calls you in, says, not just your boss, the head of ge, everybody is significant around and you're saying, oh, are we being fair to the president by pointing out that his economic theories make no sense or whatever we were doing? and you know that is the mainstream media. you know people attack fox all the time and we give the other side all the time? >> even if you want to argue the gruber comments are not very important or you want to challenge his economics fine,
2:19 pm
but cover the story. melissa: yeah. >> head in the sand approach i find inexcusable. >> what do you think of calling people in a room and saying, are we being fair to the president? does that, does that strike you? you came from the newspaper business. i did too. you worked at post. i worked at "wall street journal" and "newsweek." even though they were high-fiving at "newsweek" i was never called in a room by mark whitaker, are we being too tough on this democrat or that republican? never happened like that. melissa: it is important to note that in my three years now here at fox business, i have never been told once, ever once, what to say or what not to say, not even close. i mean, i don't know anyone here who has. and i think what is really appalling about what happened to me at cnbc is the idea that, i have a degree in economics from harvard. i'm talking about math. i'm talking about simply when you add more people to the system and add more costs that cost has to be born somewhere. you can decide as some of our viewers tweeted me said, i think
2:20 pm
it makes sense people pay more money for people. fine. you need to understand the math and know the facts to make the right decision and what gruber is saying is that, a lot of folks were counting on people in the audience not to understand the math. i was trying to he will illuminate the math and i was stopped, dead in my tracks. that is why this story is important. >> who stopped you by the way? melissa: i don't want to sate name of the person. it wasn't mark hoffman though. >> yeah. melissa: i will give you last word. what do you think, howard? >> i think you ma i had some news. the.is let's have the debate. open enrollment start tomorrow for the program. i'm all for fairness and sell telling both sides but when you suppress information like the gruber video, it doesn't add up. melissa: guys, thanks to both of you. appreciate it. >> thanks. melissa: i want to hear from you, i have heard from more of you today than ever before. i really appreciate it. follow me on twitter
2:21 pm
@melissaafrancis. i love it. i'm responding. i read every single one. facebook.com/melissafrancisfox. we're here. we listen, we read. we appreciate your comments. so my chances finally come, post master general patrick donahoe is stepping down! we'll speak exclusive which had i am about his decision to retire and what is coming next from the usps, aside from my job application obviously. residents at odd with businesses as one town tries to ban all tobacco sales. we'll speak with a small business owner who would be hard hit. do you ever have too much money? ♪ she inspires you.
2:22 pm
no question about that. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain, as it may cause an unsafe drop in blood pressure. do not drink alcohol in excess. side effects may include headache, upset stomach,
2:23 pm
delayed backache or muscle ache. to avoid long term injury, get medical help right away for an erection lasting more than four hours. if you have any sudden decrease or loss in hearing or vision, or any allergic reactions like rash, hives, swelling of the lips, tongue or throat, or difficulty breathing or swallowing, stop taking cialis and get medical help right away. ask your doctor about cialis for daily use and a free 30-tablet trial. for that moment, where right place meets right time. and when i find it- i go for it. (announcer) at scottrade, we share your passion for trading. that's why we give you the edge, with innovative charting and trading features, plus powerful mobile apps so you're always connected, wherever you are. because at scottrade, our passion is to power yours.
2:24 pm
2:25 pm
melissa: news breaking today, the head of the u.s. postal service patrick donahoe will retire after four years leaving agency handing a baton for the woman for first time ever. his tenure has seen record losses and friction with capitol hill. but his cost cutting put the postal service in stronger financial position than a few years ago. he joins me now from d.c. for an exclusive interview. why are you retiring now? >> well it is, pretty much the right time to go, melissa. we, as you noted, we done a lot of cost-cutting last couple years. we really improved our finances. our cash position is much better, $5 billion in the bank versus a couple hundred million a few years back. but there is a couple key things coming up on the horizon of the as you know we introduced saturday delivery. we have got grocery delivery, a lot of new products and we need somebody to be here for the long run to shepard those. secondly labor negotiations come
2:26 pm
up next year. it is only fair to have somebody at the table who will be here a long time. melissa: that could have been me. i think you are the perfect private equity workout turn around. you have some really good businesses hidden inside some legacy businesses that have to go. your package pickup is tremendous. sunday delivery is tremendous. with amazon. you helped do the last mile with them specifically. the regular mail, i think is the thing i would have done away with. i just don't think you can deliver letters anymore. has to be fed ups where you put a letter inside of an envelope and pay for the big envelope. what do you think about that? too radical? >> that is pretty radical. we'll deliver somewhere over 130 billion letters this year. so still a lot in system. there is a lot of value in the mail still. melissa: about is you about the snail mail is one thing that is killing you. also labor costs. i want to read to you, what house oversight and government reform committee chairman dare
quote
2:27 pm
issa said a few minutes ago. the next postmaster general will have the opportunity to continue the fight for postal refor. he says hopes that person will be less beholdenned to the special interests that stymied past efforts to secure the future of the usps. how do you respond to that? >> in terms of the postal reform legislation there is a really good bill sitting right now in the senate. it is, it has been put forth by senators tom carper and tom coburn. it's a real winner. we need people from the house to get on board, get it passed. it solves issues around health care. solves issue around six to five day. puts us on a great path going forward. everyone has a little skin in the game. melissa: what do you wish you could have done? >> i wish i could have got postal reform done. we've done everything else. in the last 10 years we reduced headcount in this organization by 250,000 people.
2:28 pm
no layoffs. we made major changes in terms of moving from strictly a letter business into a package business. packages will represent about 25% of our business in terms of revenue in the next year. big change. the legislative issues, have been in the way. i certainly would have liked to have some help from the house moving those forward. melissa: good luck to you, sir, thank you for coming on the show. we appreciate it. >> thank you, melissa. melissa: killer combo. new reports say terror titans isis and al qaeda are putting aside differences and joining forces against their enemies. even though he is halfway across the world president obama can not escape brewing faceoff with republicans that awaits him at home the very latest as president double downs on immigration and keystone pipeline. "piles of money" unbiased come up. so ally bank really has no hidden fees on savings accounts? that's right. it's just that i'm worried about you know "hidden things..." ok, why's that?
2:29 pm
no hidden fees, from the bank where no branches equals great rates. [annit's working forny. new york state. already 41 companies are investing almost $80 million dollars, and creating 1750 jobs. from long island to all across upstate new york, more businesses are coming to new york. they are paying no property taxes, no corporate taxes, and no sales taxes. and with over 300 locations, and 3.7 million square feet available,
2:30 pm
there's a place that is is right for your business. see if startup-ny can work for you. go to startup.ny.gov. hard it can be...how ...to breathe with copd? it can feel like this. copd includes chronic bronchitis and emphysema. spiriva is a once-daily inhaled... ...copd maintenance treatment... ...that helps open my airways for a full 24 hours. you know, spiriva helps me breathe easier. spiriva handihaler tiotropium bromide
2:31 pm
inhalation powder does not replace rescue inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, even eye drops. stop taking spiriva and seek immediate medical help if your breathing suddenly worsens, your throat or tongue swells,... you can get hives, vision changes or eye pain, or problems passing urine. other side effects include dry mouth and constipation. nothing can reverse copd. spiriva helps me breathe better. sfx: blowing sound. does breathing with copd... ...weigh you down? don't wait ask your doctor about spiriva handihaler. 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.
2:32 pm
>> the house passes the controversial keystone pipeline bill. rich and thin is in d.c. >> the different this time, the senate will vote on it. thirty-one democrats join. it is now on to the senate. supporters say they expect to have enough to deliver this bill to president obama. >> it is providing the ability of canada to pump their oil. send it through our land.
2:33 pm
you know it does have an affect is the incredible boom. >> the white house will consider the bill. the candidates, the opacity and mary landrieu. democrat incumbent. not the only controversy. trotting out his executive action. house speaker john boehner prepared. >> we will fight the president to annandale if he continues down this path. this is the wrong way to govern.
2:34 pm
>> here to discuss all of that, a fox news contributor. why would he go to this right now? what is the strategy. >> he does it now, which i think is sort of a politically calculated move. i am not sure that the president has the capacity to prevent and any direction. republicans are wise to be careful how they react to it. >> it is a strategy.
2:35 pm
>> he had absolutely no interest in reforming immigration law. it is all for the purpose of making politics for his party. the president himself said in a univision interview that he could not take this type of unilateral action. >> .i work. isn't that a successful policy? >> i think it is possible that it could work. for that guy that preaches about not being cynical, this is a bad
2:36 pm
road to go down. you see it about keystone sort of moving along. brace yourself for the better cold. it is it. it is over. winter is here. >> lower 48. absolutely frigid. twenty-six in atlanta. twenty-four in memphis. it feels much cooler for almost everybody.
2:37 pm
we have this cold air mass that will continue for another seven-10 days. >> thank you. isis wants you to know that its leader is alive and well. they are calling for ag hotties volcano. listen to how she is going to court. at the end of the day, guess what, it is all about "money." billions and billions of dollars of it. ♪ and ceviche? 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.
2:38 pm
now what's our strategy with the fondue? diversifying your portfolio? e*trade gives you the tools and resources to get it right. are you type e*? [ inhales deeply ] [ sighs ] [ inhales ] [ male announcer ] at cvs health, we took a deep breath... [ inhales, exhales ] [ male announcer ] and made the decision to quit selling cigarettes in our cvs pharmacies. now we invite smokers to quit, too, with our comprehensive program. we just want to help everyone, everywhere, breathe a little easier. introducing cvs health. because health is everything. i have $40,ney do you have in your pocket right now? $21. could something that small make an impact on something as big as your retirement? i don't think so. well if you start putting that towards your retirement every week and let it grow over time, for twenty to thirty years, that retirement challenge
2:39 pm
might not seem so big after all. ♪ melissa: i am melissa francis with your fox business brief. usually, they refrain from making these restrictions. the decline will only be reversed if global output was reduced. twitter's reset bond offering. the former ceo has been indicted over a mine disaster in 2010.
2:40 pm
that is the latest from the fox business network. we are giving you the power to prosper. ♪
2:41 pm
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. we need an ethnically ambiguous woo-woo mascot. dude. are you still on woo-woo? naaaahh, man, my mom's on woo-woo. ♪ melissa: new report that says
2:42 pm
isis could be teaming up with rival group al qaeda. they are putting their bitter feud aside and putting themselves together. peter brooks, tim walsh are both joining us now. >> their goals were not that different. he'd is invalid isis. it was so rude old. their goal is to ask the searing and government. they have common foes. they have a lot in common. they are teaming up to fight
2:43 pm
common foes. melissa: how dangerous is that? >> i think it is very bad news. after that u.s., there were rumblings along the right to file. they ought to work together. i do think that it is bad news. i do not think that looks very good for our side. melissa: i think in my mind, that is what is different. they want to set themselves up there. >> al qaeda wanted that from
2:44 pm
spain and europe all the way to the philippines. in a way, they have similar goals. the islamic state was really talking about iraq, serious, lebanon. now they are talking about others like saudi arabia, north africa. this is a big problem. his status has been unclear since last week. iraq eo officials claimed that he was injured. >> i think that there is a new video to suggest that he is alive. he may be wounded, i do not know. it is trying to take out the leadership. the good strategy for some
2:45 pm
groups. right now, it may be right for that strategy. they are centralized, but they do not have deep roots. we will have to see how that pans out. we took out -- you do not know who will come next. melissa: gentlemen, thanks. let's check in with liz claman. liz: perfect discussion and segued. we have one of the smartest people on the planet to talk specifically about the isis brett. the rush of breath. how does the u.s. reestablish? a fox business exclusive.
2:46 pm
a council on foreign relations. most importantly, can we regain that sort of position that the united states once had as a global leader in everything from the economy to global diplomacy. here is the issue. you now have adam silver. the commissioner of the nba. he is calling for a comprehensive solution. we have lost vegas top lines maker. melissa: i love it. liz claman.
2:47 pm
thank you. i can't wait. nothing is more riveting, more powerful. you can never have too much money. apparently, you can have too much of the cardassians. ♪ my mother made the best toffee in the world. it's delicious. so now we've turned her toffee into a business. my goal was to and make it happen. i'm janet long and i formed my toffee company through legalzoom. i never really thought i would make money doing what i love. we created legalzoom to help people start their business and launch their dreams. go to legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your side.
2:48 pm
sometimes they just drop in. always obvious. cme group can help you navigate risks and capture opportunities. we enable you to reach global markets and drive forward with broader possibilities. cme group: how the world advances.
2:49 pm
2:50 pm
melissa: we have been talking about obamacare. you are too stupid to understand what is going on. a major network deciding not to cover it. massive obamacare simply does not work.
2:51 pm
we are talking about the basic math. i asked for your input and the responses are flooding in. flooding in. i cannot believe it. you put the cat in with the pigeons, good job. i like that one. fantastic show. picking my jaw up off the floor. shocking despite my cynicism. on facebook, we used to watch csp and see all the time, but noticed a change after obama was elected. we felt we were not getting the true story. we changed to fox business. it is a tragedy that our news organizations have become cheerleaders for one certain political ideology.
2:52 pm
we are lucky to have fox news and you. keep up the good work. keep your comments coming. follow me on twitter. like me on facebook. the tiny town of west minister, massachusetts, wants to become the first in america to completely ban tobacco. hundreds of residents going against the idea. brian, what would this mean to you? >> this would be a huge hit for us, financially. it will definitely hurt if it passes. >> $100,000 a year in revenue for your store.
2:53 pm
is that right? >> that is not including the other items that people will just simply by out of town while they are shopping for tobacco. melissa: how did it get to this point? >> we really are not sure. melissa: what will you do if this goes through? >> there is a recall and process. if it does pass through, we will just cut way back on donations to organizations in town that help people. we can't sponsor little league teams. we cannot work with the local high school. we will just have to shut down. melissa: why can't you go to the very edge of town and opened shop? >> nobody will quit. they will just drive down the
2:54 pm
road and purchase their items out of town. melissa: ryan, keep us posted here and let us know what happens. >> i will. thank you for having me. melissa: awarded $8 billion in their divorce settlement. around 4% total wealth. that is way too little. i cannot live on that. she is heading back to court. she deserves at least another billion dollars, i am sure. move over phantom of the opera. we will tell you where you can trade in your dock call. at the end of the day, it is all about the truth. ♪ thank you for being my hero and my dad.
2:55 pm
military families are uniquely thankful for many things, the legacy of usaa auto insurance could be one of them. if you're a current or former military member or their family, get an auto insurance quote and see why 92% of our members plan to stay for life.
2:56 pm
2:57 pm
over 12,000 financial advisors. so, how are things? good, good. nearly $800 billion dollars in assets under care. let me just put this away. how did edward jones get so big? could you teach our kids that trick? by not acting that way. ok, last quarter... it's how edward jones makes sense of investing. ♪ >> an hour just isn't long enough to bring you all our favorite stories some headlines
2:58 pm
too money to miss. laurie are back. our producers in the showroom with extra bang for your buck. >> kim kardashian's -- with a champagne -- she got beat out by the spaceship. it got more tweets than she did. if you're going to get naked, you can't be beat by science. >> i saw something about kim kardashian's backside. i thought they land the economy on her backside. >> they decide that was too easy. they wanted to do something challenging. >> my faith in humanity can remain. she releases that picture on veterans day. the one day to not think of yourself. come on. >> alex what do you have. >> duck dynasty the musical. the robertsons are going do las
2:59 pm
vegas. as soon as february. >> are we getting tickets. >> finally a reason to go to vegas. >> elizabeth warren was named the strategic policy advisor to the democratic communication center. some of her colleagues were jealous. we thought of her as the democratic hike man. >> i don't know her other title, her real title will fit on her business title. do you need policy twice. >> how nice the voice of progressive. clearly they're putting her on the front burner for the 2016 bid. >> putin is bringing in the big guns. he's in australia for the d20. and he brought warships just right off the coast and everyone is mad. >> it's a good party favor. a whole bunch of warships. >> how long until he gets
3:00 pm
shirtless. it's about time. >> thanks to everybody out there who tweeted me and who went on facebook. i appreciate your support. thanks for joining us. right now the market is down 35. liz claman and count down starts now? liz: how can they not support fox business. a huge winner of a stock in this final hour. can it hold. burgeon america with the purple lights. the airline partially owned by billionaire soaring on its debut. shares up 33 percent. holding pretty well. up 31 percent. burgeon america, the first airline to go public since spirit air in may of 2011. another story causing excitement, the wall street journal has uncovered this. the department of justice spying on cell phones by sending a cessna aircraft equipped with devices that mimic cell phone towers. the fake towers trick cell phones into

171 Views

info Stream Only

Uploaded by TV Archive on