tv MONEY With Melissa Francis FOX Business December 9, 2014 2:00pm-3:01pm EST
2:00 pm
dierdre: thanks for joining us on "risk & reward." of the melissa francis is here. "money" starts now. melissa: from one big show to another, not the architect of obamacare, not an expert, no, not stupid political theater. at the very best today. jonathan gruber gets grilled on capitol hill. and amazon says strict government regulations are holding back innovation. hiring here in the u.s. now it is threatening to move its drone research abroad. he is the man of the hour, the one and only dennis rodman, is right here in studio. i'm very brave lady today, let me tell you. the nba hall-of-famer joins brendan steiner, the from steiner sports to reveal a game-changer in sports collectibles. we have number of questions for kenny. even when they say it's not it is always about money.
2:01 pm
melissa: don't call it a comeback yet. the dow cutting early losses following the biggest two-day drop in two months. markets taking a hit largely in part due to concerns over the impact of lower oil prices on the global economist. let's bring in today's panel. lis wiehl fox news legal analyst. you know kennedy, co-host of the fox business's "the independents." monica crowley, online opinion editor for "the washington times." fox news contributor. you ladies planned red, white and blue. very foxy of you. in some different ways. let me ask you about the markets. be serious for one second. back off the lows. monica, what do you think? >> low oil prices obviously very good for the american consumer. only costs you two bucks a gallon to fill up your bank, exempt for the corporations. >> what is means there is a warning signal out there. the global economy could be softening. that is why you're seeing this.
2:02 pm
this is reflected in a lot of concern in the markets. melissa: absolutely. we're seeing it in china. today china signaled they're taking risk off the table in terms of what they're letting folks do out there to borrow. that also made the markets nervous. >> say anything about american debt? melissa: well the grilling in d.c. jonathan gruber testifying before a house panel today and apologizing for his controversial remarks about obamacare, you know when he called the american people stupid? >> are you stupid? >> i don't think so, no. >> does mit employ stupid people? >> not to my knowledge. >> okay. so you're a smart man who said some, as the ranking member said, some really stupid things and you said the same, is that correct? >> i, the comments i made were really inexcusable. melissa: yes. pretty much so. gruber then refuse toddies close how much he was paid by the government for his work on the health care law. he also said, you know, when they asked him about all the videos we've seen on youtube and
2:03 pm
we all made a lot of hay on them, he didn't remember he said those things. >> did he monetize youtube videos? that would have been really smart, if you were a truly smart person, maybe that would be evidence of his stupidity. melissa: at least i like the way he came out and said i was stupid. i am embarrassed. maybe like criminals are embarrassed when they get caught? melissa: not really. he didn't even acknowledge that he ever remembers even saying it. >> he is on there. >> he was only upset because he got caught on videotape and became a huge story, and losing a lot of jobs and revenue into himself. a lot of people are firing him. what he said was actually the truth. he is embraer rafsed that the truth got out there. melissa: right. >> this is typical leftist, elitist view, that american people are stupid and that they are the vanguard to do what is best for them. so he actually said the truth which is actually the first bit of truth we've ever gotten from obama care. >> said he is not a politician.
2:04 pm
which is is great. >> he shouldn't be, he is not sear what he said, he is sorry he got caught. that is always the case with anyone. melissa: speaking of criminals, mayor rudy giuliani was on earlier today he is saying he accepted money in order to create something that was deceptive and that is fraud and criminal act. part of that is what colored his testimony today he was under oath but he had to be worried about being accused of a crime, right? what is your legal opinion. >> tune into o'reilly, is it legal, that exact subject that is exactly right. could this be seen as fraud? putting together a case thinking i think it is novel theory but potentially yes, could be looking at fraud charges. >> also someone who is profiting off of various states. not to mention the money he was paid by the federal government and sent out there as a mouthpiece to sell obamacare to allay people's fears so they became comfortable with the health care law as an expert. supposedly people would naturally think he is objective observer and not necessarily
2:05 pm
someone directly benefiting which creates a conflict of interest. >> it wasn't just gruber who blurted out oh, we knew the american people were stupid this is acts e act of deception. everybody from the president of the united states and house speaker nancy pelosi knew they had to lie to get this through. melissa: president obama making his way down south. set to speak at town hall event in nashville, tennessee, in the next hour. it is return to policy following a media blitz last night had the president appearing on b.e.t., and also on the "colbert report." >> last year's website rollout was a little bumpy. [laughter] remember the original healthcare.gov website? i think that is where disney got the idea for "frozen". [applause] melissa: i mean -- >> ha, ha, ha.
2:06 pm
melissa: funny, but, i don't know, we all would love to hang out with comedy writers. there are serious problems going on. not funny. concerned did i didn't think it was funny. >> kennedy didn't think it was funny. he doesn't know how to address a camera. he kept looking to the teleprompters right and left. melissa: he is supposed to be reading prompter and he is in theory. he is looking to left and right. did he memorize the monologue before he went out there? >> president will go on comedy show if he thinks he is in trouble and soften his image and help him. he probably thought going on coal barrett coal bear, soften on executive order and isis and obamacare. to try to rally the base once again. he, he has pretty good comic timing but he didn't laugh. >> correspondent's dinners in the past he has been very funny and charming. probably because the guy is not sleeping because the world is imploding because of his
2:07 pm
actions. melissa: that is a problem. the regulation of drones. amazon urging the faa to either change its laws or the company will move research overseas. i mean really laying down the gauntlet here. they said the faa is inhibiting their r&d. that drones are going everywhere. there is logic to this. what do you think? >> absolutely there is logic to this. they're trying to go forward with r&d and for the faa to come forward to squelch it. it may be legal but it is not smart policy. melissa: meanwhile, drones are kind of dangerous. >> they are dangerous but you can't make them safe until you test them repeatedly. that's why you have to do research and development in this country. amazon has enough money money to create test environment to test drones over and over again for efficacy. >> the founder and head of amazon is a liberal. but funny that -- yeah, but he has voted democrat and he supported obama in the past and
2:08 pm
so on. melissa: that is true. >> they're for liberal policies except when it affects them or their companies directly. now he is complaining about all the regulations. come on to the conservative side. melissa: would be interesting to see how much support continues because there have been a number of things. silicon valley is not happy about the h1b visa. they see people getting engineering degrees and ushered out of the country. they're not happy about regulation. >> they're not happy about the nsa. they're bending over backwards to try to get this administration to be transparent about the way the government interfaces with their companies and people who use their products and services and they haven't gotten that reassures which they can't give to people. and of course like every other aspect of this country when it is overregulated people with money will leave. melissa: when good drones go bad. a mistletoe drone at tgi friday's, taking off part after woman's nose. i have a lot of questions about
2:09 pm
this story exactly. we have drones at my house because i have kids. the blades were protected and stuff. i'm not sure what kind of drone they had working here. it was able to come in. sound like the injury was pretty serious. this is the drone. i think this is a bit of ill-conceived idea. i love it. gi friday's, give me apps till i fall out of my chair. love the nachos and potato skins. i'm not embarrassed to eat too much. but with the mistletoe drone flying over head. everybody had a few cocktails, a drone coming in, seems like this was predictable? >> this is charming idea to have floating missile stow over the table -- mistletoe and -- >> until someone is bleeding. >> all fun and games until somebody loses a nose. >> why people so many on twitter who decided to stand with rand. this is what rand paul is talking about. >> ready for a lawsuit. melissa: thank you for that legal opinion.
2:10 pm
the hits keep on coming at sony. hackers behind the attack are now demanding the studio pull the up copping film, "the interview." james franco, one of the movie's stars, stopped by "risk & reward" earlier and responded to the critsieve. >> seems like it was a statement based on having seen a trailer and hearing about a concept and not having seen the movie. the movie is a comedy. it is sat tie. -- satire. and we satirize american celebrity culture as much as we do anything else. melissa: so basically what he is saying is that kim jong-un does not get the joke. he has no sense of humor. i think, is that the kind of -- >> surprised by that, kim jong-un has no sense of humor. i can't believe james franco was in the building and nobody told me. melissa: there was a big crowd. you never would have made it through. but you could do it. >> look, i saw the trailer for this movie. it looks hilarious.
2:11 pm
but brutal communists tend to not have steps humor about movies staged with an assassination plot. kim jong-un is not happy. >> what will he do? >> that is the question. will they pull the movie because hacker says -- melissa: not going to pull it. we're not sure who is behind the attack. some said it is north korea. back to that and kim jong-un. we have dennis rodman coming up in the show. >> big north korea show for you. melissa: in the building i think. we'll definitely ask him about that one. red, white and blue ladies, thank you very much. we appreciate your time. with north korea back in the news who better to talk about it with dennis rodman. he joins me in studio and sheds light on his old pal. from the worm to the warning. grover norquist joins us with strong words for the fed, urging janet yellen to hear out her conservative critics. a run for your money coming up. ♪
2:12 pm
she's still the one for you. and cialis for daily use helps you be ready anytime the moment is right. cialis is also the only daily ed tablet approved to treat symptoms of bph, like needing to go frequently. 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, 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.
2:13 pm
shyou see this right? it's 80% confidence and 64% knee brace. that's more... shh... i know that's more than 100%. but that's what winners give. now bicycle kick your old 401(k) into an ira. i know, i know. listen, just get td ameritrade's rollover consultants on the horn. they'll guide you through the whole process. it's simple. even she could do it. whatever, janet. for all the confidence you need. td ameritrade. you got this.
2:14 pm
2:15 pm
that the cia harsh treatment of 9/11 detainees, so-called enhanced interrogation techniques, were ineffective. that they failed to produce unique intelligence that could not have come other ways. the reports comes from just the democrats on senate intelligence committee. the republicans say the report has flaws and the cia is pushing back. the summary contains new details about use of cia waterboarding and they were far more brutal than the cia represented to public. to her some of the techniques amounted to torture. >> detainees were subjected to most aggressive techniques immediately. stripped naked, diapers, physically struck and put in various painful stress positions for long periods of time. they were deprived of sleep for days. >> in a statement the cia acknowledged that it made mistakes in the program but
2:16 pm
said, quote, our review indicates that interrogations of detainees did produce intelligence that helped thwart attack plans, capture terrorist the and save lives including helped to track and kill usama bin laden. president obama said in a statement, quote, rather than another reason to refight old arguments, i hope today's report can leave the techniques where they belong, in the past. the president banned the cia practices in 2009. melissa? melissa: peter, thank you so much for that report. janet yellen is feeling heat from both sides after she met with liberal groups in november. conservatives say she needs to play fair. they're calling for face time of their own at a press conference going on in d.c. antitax activist grove grover norquist is joining from us d.c. give it to me straight. give me your complaint. >> first she met, first of all the fed is supposed to be non-political.
2:17 pm
chairman yellen met with a bunch of left of center lobbyists. it was a secret meeting. there was no transcript. it was not videotaped. the whole thing was secret. she needs to be more open and trains parents. there is legislation to audit the fed. majorities in the house and senate supporting it. with the new change in the senate, harry reid wouldn't let it come up. i think we can get the audit the fed bill but if she is going to be lobbied by lobbyists we need her one, to have her talking to people, both free market economists as well as left-wing big government advocates and people who want the government to decide what the dollar is worth rather than have the dollar be a stable currency of stable value. she needs -- melissa: hang on, let me ask you. what do you really think you will convince her of? when i think of somebody like that with very long academic career, she is so steeply steeped -- deeply steeped in her
2:18 pm
own ideology, is it more after message that is being sent? when you meet with somebody like that you will not convince her of anything. she already knows what she believes. >> she should meet with a broad range of people if she is going to be lobbied the way she is being lobbied by left of center lobbyists. perhaps should not be in the lobbying business. perhaps the fed should be more independent. it should be transparent. we need to know who the lobbyists were. who paid them. what they asked for? what was promised? what she said. she should not meet with lobbyists without a television camera and tape recoveredder in the room. that is one of the reasons the whole thought that the fed issue needs to be reduced. melissa: maybe shouldn't be allowed to meet with lobbyists at all. i honestly don't think people are successful in lobbying her. i hear what you're saying. what would you like to see her do differently? what would you want her to do? >> focus on keeping the dollar worth a dollar. keeping stability of the price
2:19 pm
value of the dollar stable, not trying to micromanage the economy by moving cash around and also playing with the interest rates. we need a dollar -- all she needs to do is make the dollar worth a dollar and not have it jump up and down. the other thing they ought to do however, when they make the decisions they should be transparent, they should be immediately known about it american people so people can't get rich by knowing something a little bit sooner than everybody else. when she meets with lobbyists it ought to be transparent and everybody ought to see it. melissa: grover, thank you for coming on. i appreciate your time. >> thank you. melissa: rough day for the markets but not as bad as earlier in the session. the dow and s&p having the worst day in two months. let's go to nicole pest on the floor of the -- nicole petallides on the floor of the new york stock exchange having a bit of recovery. >> we're taking a breather with serious selling this morning. down 200 points on the dow.
2:20 pm
down 89. there is the intraday chart. we look at abroad, from the s&p which is down six. that is up 12. china they actually said they were cutting back on riskier forms of debt. of pushed stocks into negative in asia. in europe they moved up elections for the greek president unexpectedly by two months some that put pressure and uncertainty in europe where you have uncertainty about the economy and the like. right now you can take a look at the vix, the fear index, we've seen that sitting six-week highs. it was up 14% today. now it is up 8%. gives you sense of volatility and nervousness on wall street. oil hit five-year lows. we've seen energy is the worst sector of the year 2014. though today it is really bouncing back. actually the best sector of the day followed by utilities and information technology. that is some areas of strength. telecom, melissa, has been
2:21 pm
particularly weak today. back to you. melissa: nicole, thank you so much. ban on hiring smokers. one arizona county could go that far in order to save on health care costs. plus why it pays to be bad. nba hall-of-famer dennis rodman is here with a few surprises. here he comes. you know he is making money. we'll be right back. ♪
2:23 pm
dad,thank you mom for said this oftprotecting my future.you. thank you for being my hero and my dad. 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.
2:24 pm
you never jim jam shabriver flab dry ris.o is, bliss pounds hazy dray? drywall sh-boop leaver - murray. hey, big bog panorama corn salabaty? dude, squibble bits. mareyayzee. mormal snap jebby rolban jebby deetle flosh. [laughter] eh. now's the time to get in the loop. just look for our fall tv picks with xfinity on demand. huh. quickly find the season's hottest shows, huh. quickly find the season's hottest shows, with a handpicked collection all in one place. only from xfinity. melissa: smoking could soon be a reason not to hire someone in one part of arizona, pima county, which includes tucson and university of arizona. it is considering a ban on hiring smokers. the new law would charge current smokers a health insurance surcharge of 30%. fox business senior correspondent charlie gasparino
2:25 pm
is here. monica and lis are back as well. charlie, what do you think about this one? >> i don't have any opinion. melissa: what? >> i don't care. >> stop the presses. melissa: okay. moving on. monica, what do you think? >> wait, he doesn't get off the hook. >> i never heard of charlie not having an opinion so i don't want to ruin the moment. go ahead. >> look we all know by this point that smoking can be very dangerous and can cause some serious health issues. i really don't have a problem whether it is a municipality or private business -- melissa: saying workers will pay more for their insurance? >> that is my point. we're seeing huge restrictions on our freedom across the board. this is another example of this. if somebody wants to smoke, i understand wanting to force smokers to go outside so you don't have second-hand smoke affecting people who choose not to smoke but to ban workers and forcing them to take a mandatory tobacco test i think is encroaching on freedom a little too much.
2:26 pm
melissa: is it? you have the right to go out and work and earn a livelihood? >> i don't like to idea of banning something legal doing in your own home. it is legal and smoking or drinking. if you do it in your home or not on work place time, then i have a problem with. that but 29 states have protected smokers. they voted it to discrimination charge or not hire someone because of smoking. arizona is not one of them. melissa: it is illegal to charge for health care, charge them 30% more? can you say anything, god forbid, now in this country you have a right to health care. >> this, i couldn't care less about this topic except for one issue. i think this is completely constitutional. i will give you analogy, when i was covering muni bond many years ago they outlawed sort of giving campaign contributions from muni bond executives to public officials they seek business from. how did they get that? how did they outlaw that.
2:27 pm
you would think it is unconstitutional. it is not unconstitutional make a requirement for the job being you can not give campaign contributions. thus a requirement for the job of not smoking, i believe, will pass constitutional muster based on that. >> i actually agree. melissa: the lawyer agrees with charlie gasparino. >> talking about something that is a requirement to get the job versus once you have the job and you haven't been informed that was the requirement. >> they will charge you more. >> you have no constitutional right to a job. melissa: you don't. crackdown on vices doesn't stop with smoking. vending machine of the future is here. if you want that chocolate bar you will have to fight for it, my friend. the machines can recognize your fairs and refuse to give you a product based on your age, your medical records or your dietary needs. so at schools, they can, this says they can refuse to sell cigarettes to underage students. i don't know what schools sell cigarettes anyway. at a gym they will not sell fattening snacks to somebody on
2:28 pm
diet. >> now we get into discrimination. talking about age or weight, gender, all of that then you get, if you're talking about, not going to sell to somebody over a certain age. melissa: how about ridiculous nanny state we're living in? >> we're totally crazy. >> save me from myself. >> remember the old tom cruise movie, "minority report" and walking down the street and apps would be targeting you because they're reading your dna we're almost there which i find incredibly creepy. if a vending machine wants to make moral judgment whether or not i should have milky way -- melissa: that they're smarter than me to decide? who is making that judgment? why do they have better judgment than i do? >> i don't care about this either. melissa: think about -- >> what about school lunches going into public schools for kids. >> what is wrong with that? >> you have an elite vanguard making dietary choices saying we know what is best for you. melissa: we know as parents what
2:29 pm
is best for your child. i don't like that at all. thanks guys, even though charlie had no opinion. colorful hair. even more colorful personality. dennis rodman teaming with steiner sports to if i have you way more than an autograph. he joins us in studio. trust me i'm practicing my crossover dribble. "piles of money" and row bounds. here it comes. ♪
2:32 pm
2:33 pm
i will start with you. you are a genius in this business. so many incredible things. you have invented something new. tell me about it. >> thank you. it is not easy to write these stories out. it is a motion all. i spoke at a high school class eight months ago. forty kids. thirty-two of them barely knew who michael jordan was. melissa: what? that is embarrassing.
2:34 pm
2:35 pm
2:36 pm
2:37 pm
you have to play. it was so rough back then. now it is so easy. they are soft. is that what you are saying? >> they make so much money. so much more money. you have a change in the nba right now. it is needed right now. talking about dennis and michael jordan. you ought to go back. the first lock quarterback. kurt gibson. all those stories you have now forgot in.
2:38 pm
there were always black managers. there were always lack cornerbacks. it is time we teamed up with amazon. at the end, we made it simple. we are doing similar versions as well. >> you are a fantastic marketer. way to get that in there. >> you know what, though, it is really funny that you said that. when the guy called for relief from the new york giants, the best catch ever in the history of new york. a good point. >> that was incredible. melissa: let me ask you about all the other stuff that you have been doing.
2:39 pm
i applaud the brand. you had to get it out there. everyone is always talking about you. you just got back from russia. what were you doing in russia? >> a charity event out there. the president asked me to come out there. >> vladimir putin? what is he like? >> he is actually pretty cool. melissa: you did not talk about politics at all? >> he just walked in, shook my hand and left. we just had a good time. we went to a charity event for a lot of kids. they do not know about american basketball. american football. i wanted to represent america. most of the people would say michael jordan.
2:40 pm
scottie pippen. they know the bulls and stuff like that. melissa: you have a map for making friends with america's enemies. i am a journalist. i cannot help myself. i have to bring it up. how is he doing? >> i have not talked to him the last time i visited him was january. i am not a politician. i said that from day one. i am just a basketball ambassador. i love going over there. happiness around the world. i do not want to get into politics. melissa: you never hear from the white house? does that frustrate you?
2:41 pm
>> i am not frustrated. that was not my intention in the beginning. my intention is to go over there and play basketball with the harlem globetrotters. to raise some awareness for north korea europe. it is so funny. north korea, those people were let go. it went so fast. that is cool. that is cool. they called me and said, did you have anything to do with this? >> no. i hope in the future they will have some type of communication. even with north korea. south korea. that is what i want. >> all right. thank you to both of you for joining us. it has been fun.
2:42 pm
there will be a lot of stuff. melissa: this is very valuable. >> the real money and this will be when he is sleeping. get the replica is. melissa: there you go. well played to both of you. there is more rodman to come. we will be asking your questions. bringing in the fashionista. working in their store. you will find these guys at the genius bar. at the end of the day, it is all about money. ♪
2:44 pm
melissa: i am i am melissa francis whittier fox business brief. investors are worried that cheaper gas will turn people away from a lack or cars. amazon workers do not have to be paid for the 25 minutes they spend typing through security checks. it is seen as a victory for retailers. manchester united shares plunging today on reports that
2:45 pm
2:47 pm
♪ melissa: let's get a quick check on the market indices. joining me now from the cme. talk to me about today's trade. is it really about china? >> i think that it really is. we offer it at the end of earnings season. the focus for traders really is going to be on an overseas market and oil going forward. we start to see the s&p really start to rebound. melissa: do you think that we are getting closer to foreign oil? >> i think that we definitely might be. traders continue to roll out their short position. kind of a conflict a message coming through there.
2:48 pm
we will have to reassess once we get there. melissa: thank you so much for joining us. huge stories on our radar right now. apple turning to fashionistas to sell the new watch. the apple watch will come with a different look. some of them costing thousands of dollars. the car service has not followed local regulations regarding health and safety. russian scientists say that a huge asteroid could collide with earth. it is the size of a mountain. governments need to carefully track its movement. i would hope they are doing that already. will and kate spending their last day in new york by giving tribute to the 9/11 memorial.
2:49 pm
2:52 pm
2:53 pm
with a butler and jack wire. it looks like a bargain to me. $6 million a year. who does not have that lying around. will and kate visiting the 9/11 memorial today. jonathan, what do they think of the memorial? >> i think that they were genuinely moved by it, melissa. this was kate's first visit to new york. it was a bit too late cold day. wendy. rainy. melissa: are you complaining about this? >> they laid that bouquet of roses. there was a hand written note. it said and sorrowful memory of
2:54 pm
those who died on september 11. as you see right there, they've been walked into the museum. thirty minutes to arrange that. they tell us that they asked a lot of questions and really seemed both fascinated, horrified by it. >> you have been on the street with the folks. they are are just people on the streets that have lost their mind. what do you make of it? >> i am insane and many other ways. they talk about kim kardashian breaking the internet. a picture of william and kate at the brooklyn nets playing the
2:55 pm
cleveland cavaliers. there they are. meeting jay-z and beyoncé. after that, after the game, they had a couple moments with king james. lebron james. he broke a little etiquette rule. they posed for some photographs. he put his arm around kate. you are not allowed to do that. melissa: thank you so much. say hi to your mom for me. >> i will. melissa: we have a rapidfire round of these answers to your questions. who he thinks is the best player in the nba. at the end of the day, it is all about the nba and dennis rodman. ♪
2:56 pm
here's a question for you: when electricity is generated with natural gas instead of today's most used source, how much are co2 emissions reduced? up to 30%? 45%? 60%? the answer is... up to 60% less. and that's a big reason why the u.s. is a world leader in reducing co2 emissions. take the energy quiz -- round 2. energy lives here.
2:57 pm
they take us to worlds full of heroes and titans. for respawn, building the best teractive entertainment begins with the cloud. this is "titanfall," the first multi-player game built and run on microsoft azure. empowering gamers around the world to interact in ways they never thought possible. this cloud turns data into excitement. this is the microsoft cloud. and cialis for daily useor you. helps you be ready anytime the moment is right. cialis is also the only daily ed tablet approved to treat symptoms of bph, like needing to go frequently. tell your doctor about all your
2:58 pm
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, 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. melissa: we took to social media and foud out what you wanted to ask
2:59 pm
including his pick for the best player in the nba today. here's what he had to say. >> i'm thinking everybody's going to say lebron james, i think that big kid davis from new orleans, a really, really good player. melissa: you also wanted to know how did he get his nickname, the worm. >> i used to go to 7/eleven every day. no money, i worked for money, so i got a dollar, i go to the pinball machine, and i start moving like a worm. [laughter] that stuck with me ever since. melissa: i love it. and, of course, we had to ask him about his least favorite nba opponent. >> my least favorite? melissa: the guy you dreaded. >> me, when i look in the mirror. [laughter] melissa: that was perfect. let's let that stand, i love it. what a great sport. now i want to know what you think, follow me on twitter,
3:00 pm
find me on facebook. that was a lot of fun. that's all we have for now. i hope that you are making money today. the market right now down 82 points, and "count down" starts right now. liz: thank you. so much. it is the last hour of trade. in this case look at this picture, we're talking about the intraday snapshot of the dow jones industrials. at one point shortly after 10 a.m. eastern showing a 223-point drop. but stocks fighting back by more than 140 points at this moment. we're down 77 points. china trips the selloff, what a selloff it was. the shanghai index plummeting the most since it dropped back in 2009 after the government announced tighter lending rules. in just a moment we're asking a top expert if the market bubble there has burst and splattered all kinds of stuff on the u.s. markets and are they strong
182 Views
IN COLLECTIONS
FOX Business Television Archive Television Archive News Search ServiceUploaded by TV Archive on