tv MONEY With Melissa Francis FOX Business December 22, 2014 2:00pm-3:01pm EST
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but bottoms-up on us. melissa: save some for me. police departments all around the country on high alert after deadly attack on new york city police officers. msnbc host in the middle of it all accused of fueling anti-police hatred, some big money barks. when to believe the hype. north korea issuing a new threat against the u.s. as president obama weighs actions over the sony hack. might as well strap the packages to a reindeer if you want them to make it in time. pressure is on for shippers as a nasty storm threatens to repeat the chaos of last year. would you like furs with that? drive-through surprise that will surely warm your heart. even whether they say it's not, it is always about money. melissa: a wall of blue. nypd officers turning their backs on new york mayor
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bill de blasio. tensions mounting fall being the ambush killings of two new york city police officers. behavior prompting action from the police commissioner and former mayor rudy giuliani. listen to this. >> don't support that particular activity. i don't think it was appropriate particularly in that setting but reflective of the anger some of em. >> i don't think they should have turned their back. the mayor deserves respect no matter who he is, the office does but i can understand their emotion and maybe if i were then done the same thing. if you want to say mayor de blasio contributed to atmosphere of hate for the police, absolutely he did. >> with me now, charlie gasparino, fox business senior correspondent, veronica dagher from "the wall street journal" and kmele foster from fox business. thanks for joining us. charlie, what do you think? >> i think this is scary time in new york city. i didn't think this would hit the fan this quickly. civil unrest and mayor de blasio's acceptance and
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fomenting it would create a bad situation two years or year-and-a-half into his tenure. he is less than a year into his tenure we have civil disorder in the streets. we should point out before the two police officers were assassinated there were protests bill de blasio, mayor of new york city called peaceful which they weren't. where protesters, many of them were part of 1199 sciu, union backers of mayor de blasio, beat up cops, threw stuff at cops. one guy assault ad cop. this has been a -- melissa: we want dead cops, we want them now. >> this is deteriorating situation because de blasio because he endorse this is stuff, you can't say he pulled the trigger. that is wrong but he did, as rudy said, he created the atmosphere. melissa: what do you think? >> mr. de blasio certainly hasn't covered him several with glory here. he made silly and nonsensical statements. i think it is very important to
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not conflate the actions of a few people even at protests or idiotic chants and ramblings of a few people with a broad and diverse movement. there are lots of people that have legitimate grievances, whether they're upset about what happened in ferguson or upset about the eric garner situation or any of number of high-profile things i do think there are legitimate criticisms you can lob at the al sharptons of the world out there talking about these issues. they ought to be focusing more on actual reform as opposed to rhetoric like black lives matter. that is nonsense. >> those protests were hardly -- >> i talked to police officers. i live downtown. i saw a lot of it. i talked to police officers during and afterwards. sense i got, there were 10,000 plus people out there. there were some incidents but all in all they braved well. that is what i heard. melissa: veronica. >> we need to pray and think good thoughts for the families because i think they're going through difficult time right now mourning those slain officers around the christmas holiday
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even worse. but i think cardinal dolan said it really well this weekend said we need to love our cops. we need to respect them and say we're proud of them. i think he said that really well. >> should point out there were six people i believe that were fingered assaulting cops. that is a lot of people. i though there were thousands of people. >> six of thousands. relatively speaking not a lot. >> but there were widespread chants about killing cops. widespread. melissa: meanwhile, another huge story, if you're itching to see the movie with in middle of international controversy all not lost. seems like sony bowing to demands not to release "the interview." a attorney said that is not the case. >> sony is fighting to get this picture distributed. it will be distributed, how it will be distributed i don't think anybody knows quite yet. melissa: what is your take on this one, kmele. >> for sony so far as their decision goes, does seem legal liability is the concern here,
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not so much cowardice. what i'm very concerned about -- melissa: movie theaters. movie theaters ones said it is not worth it. now there has to be a way to get the film out there in way that makes sense. talking about releasing it on crackle, essentially a free service. non-subscription. seen it. never been there. it is on my apple tv. something will happen in this direction. >> at this point they have nothing to lose. north korea can't hack everyone who downloads movies. might as well watch it and put it out there. melissa: yeah, charlie. >> this movie seems ridiculous. melissa: right. that is what is amazing about it. that is what is so amazing. >> now i have to see it, right? melissa: looks completely ridiculous. this is what they got so upset. jimmy kimmel said it best, put kim jong-un in every single movie. in every single movie from now on. randomly walking in the background. take it to the hoop. >> as social media, social media
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standpoint why couldn't you release this on youtube? why -- melissa: you could. you also have. >> charge a fee? melissa: charge a fee. i don't think there is model to charge. >> sure there is. you can buy movies on youtube. melissa: shows you how much i know. oil resuming the slide hovering near $55 a barrel. saudi arabia's oil chief is confident quote, prices will rebound as global growth picks up. he denies allegations of a conspiracy to depress prices. meanwhile texas has worries of its own. jpmorgan says the plunge could cause a painful recession. a lot to tackle in this one in particular. saudi arabia, you know they're saying it is not a conspiracy. they don't have that much control, they really don't. what do you think? >> opec is less powerful than it used to be in the past and so is saudi arabia. the u.s. has taken a huge share of that market. melissa: that is what the decline is all about. >> people like countries like russia and venezuela will really feel the pain. they're already feeling pain.
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melissa: right. other places they will feel the pain is midland, texas, tension a can that, oklahoma. spots in the country, pennsylvania made so much money off shale and fracking that is something to be aware of right? >> tremendous amount of investment to get domestic supply where it is now. if the prices remain low it will difficult -- melissa: that is beauty of oil prices. i went to emergency meeting of 147 bucks a barrel, they will never go down again. but here we are. >> why don't they? prices go down that is tax cut. what happened to peak oil? >> that's right. melissa: technology, that's what happened. >> when you take oil prices down that is a tax cut for everybody. that should improve the economy. economy grows oil prices go back up again. melissa: great point. so-called bullet train could go a few hundred miles per hour but one that goes as fast as a bullet? elon musk's hyperloop could become a reality as team of 100
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engineers start work on nearly 800 mile-per-hour train. the best part they say a ride would only cost 30 bucks, incredible. who wants to get on first? i'm going to get out there. i'm willing to do it. right now they're talking about going from san francisco to l.a. here we go. got it here, in they are minutes. san francisco to l.a. in 30 minutes. zipping at speed of sound through steel vacuum tube at 760 miles per hour. it is aluminum pod. $30 a trip. >> who will test? melissa: phenomenal. a little nauseating. >> put monkeys up on the moon? melissa: robots will be in there. >> legitimate concern for sure. this thing has off $000 million estimated price tag, if the government is building this i expect it will cost two to three times as much. melissa: right. >> you still have to be concerned about safety. i'm happy for elon musk. i like his creative thinking. should build it himself. melissa: here is the in is take
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you definitely don't want to make. woman in d.c. accidentally took a bite out of truffle she thought it was example. the bite was worth $300. it was sitting under a glass. she thought a sample you could grab. truffles don't look yummy. took a bite out of it. then she left it on her plate because obviously you know kind of gross to bite into whole truffle. they're apparently walking out of the restaurant and noticed what happened to the prize truffle. has a giant bite out of there sitting on someone's plate. didn't charge her for it and but now prized truffles are sitting next to the register where someone keeps an eye on it. you want to take a view? it is nauseating. >> i like truffles on pasta. melissa: very little bit. but this is like -- >> i've done that at bakery as thinking something is sample but didn't cost like $700. melissa: no. >> where was this? melissa: in d.c., washington, d.c. it was a rare truffle under
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a glass on rice. haven't you ever seen that in fine dining restaurant sitting there under glass. look at it and later tell you if you want that shaved on top of your pasta is now 150 bucks. no, no. >> she didn't know. i don't know if i would put my $1,000 fungus where everyone -- melissa: right. keeping in your shoe, right? thanks, guys. fueling discord with a pocketful of cash, reverend al sharpton relies on sponsors to stay at front lines on protests. guess who is chipping in the most. laying out towels very soon. tour operators can't wait to get you to cuba. that doesn't mean they're ready. more "money" answers coming right up. ♪
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>> hey, good afternoon, melissa. still holding on to triple-digit gains as you noted, not too far off from dow 18,000. at the moment we're 17,911. we've seen groups doing well which include information technology, semiconductors, also consumer stocks, telecom, industrials. those are all doing well. here are some of the dow winners. intel, ibm. boeing, cisco systems and home depot. some of these names, home depot, 3m. dupont hitting a high. some traders noting as art cashin at ubs looking to see if we break through the new highs. that would be clincher to go higher if we do that from earlier today. back to you. melissa: nicole, thank you very much. a few stories on our radar. boeing is working with blackberry on self-destructive phone. it is geared towards people in the defense and security industries and will delete all data when tampered with.
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facebook hitting new all-time high. shares topping nearly $82 a share. the stock started the year at just 52 bucks. existing home sales dropping 6% last month, the lowest level since may. the decline does not signal start of a weakening trend but reflects stubbornly low inventors is. outpouring of grief for two new york city police officers gunned down in an apparent act of revenge. anger directed at police officers still simmering after a pair of controversial grand jury decisions in ferguson and in new york. msnbc host, reverend al sharpton, has without question stoked the flames of discord. >> you won the first round, mr. prosecutor. but don't cut your gloves off. because the fight's not over. justice will come! melissa: reverend al sharpton might be the mouthpiece but his
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employers at comcast and nbc universal are footing the bill. at sharpton's october fund-raiser for his national action network, comcast and msnbc were listed among the corporate sponsors, ponying up at least $25,000 to be, quote, preacher level donors. this is according to documents that were obtained by the national legal and policy center. joining me now, eric wemple, a media critic for "the washington post." thank you so much for joining us. >> pleasure to be here. thanks for having me. >> you've done a lot of reporting on finances of al sharpton and a lot of attention is paid to the fact that he owes a lost back taxes. this piece is actually pretty interesting because it shows the crossover and connection and conflict of interests between someone who is an employee of a network and at the same time is out there leading the way of a political action group. not like it is a charity. when you look at their records, there are 501(c)(4).
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your donation is not tax deductible. they're very clear they are doing political action. you said in the "washington post," sharpton's various political hats carry implications for ethics at msnbc. i can ainge car at a news network, big shot at a white house, head of civil rights group creates, unprogrammable and unknowable conflicts of interest. like what? what do you think? >> my concern with mr. sharpton's many hats i don't know that i can ever rely on his program, and by extension the network in which he works to tell me the truth about any of these players with whom he is very close. in other words, president obama, for whom he serves as something of a advisor and bill de blasio, with whom he is very close as well. reverend al sharpton is a player in this, in these national issues. he is not a reporter on them. first and foremost he is an
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activist. now in deference to msnbc, they make this very clear that he is, he is very much on the front lines of these protests and so there is no, there is no secret about that but the implications for his work, what's missing from his work, what is missing from the reporting on msnbc are really astounding i would say. melissa: also you know, as he sits out there and he fans the flames of what is currently going on in our streets here in new york city and elsewhere, msnbc and comcast are backing that with their dollars. the relationship goes for a long time. in 2010, before he was a host at msnbc comcast lined him up to go out and lobby the government so that they could go ahead with the planned bid for, i'm sorry for nbc universal. shortly after that he became a host on television. this event we're talking about that went on in october, they're very proud. they took a full-page ad. this is were the information came from, it was a full-page
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ad. you see it there. >> right. melissa: it was national legal policy center brought the program and brought it out. we're proud to support our friend and colleague with his work at the national action network. in order to get to this level they had to give at least $25,000. it is a blurring of the lines especially when it comes to your employees. >> massive blurring of the lines. interesting thing about this, and i attended a speech that the reverend gave here in washington, d.c. about this and he was, the comcast and msnbc, phil griffin, they were very open about the fact that they wanted him to continue his act at this vich. in other words, they may have had option of just getting a journalist. in other words, perhaps they could have said, hey, we'll take you but only do journalism. perhaps the reverend would not have agreed to that but the way the story has been presented, the president of msnbc, phil griffin was saying, no we want your activism.
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so this is a strange instance really of a major news organization, in the country, going after an activist for his activism. you know the thing is, there are, despite lots of sometimes generalizations and characterizations to the contrary, there is some serious reporters at nbc news and msnbc and you just have to wonder how these people feel having activist getting interviews, from his activist perch. i think it's a very difficult situation. melissa: you have to wonder as we follow the money on this show, as msnbc and comcast go out there and put money out there to support him, their employee as he goes out and stokes the flames, do they bear any responsibility for the consequences that we see? i think that is something viewers are wondering. eric, thanks so much for coming on. appreciate your time. >> always a pleasure. thank you. melissa: so what do you think of this one? we asked you on social media.
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here is what you had to say on facebook. nice to know the $40 a month i pay for comcast for my internet service is helping to fund such a quote, worthy organization. on twitter, fran writes, i'm glad i just terminated comcast. brad curly tweets, the more he stokes the more money that he makes. follow me on twitter @melissaafrancis. like me on facebook.com/melissafrancisfox. i read awe you will of them. i appreciate your comments. three days until christmas. do you know where your presents are? a monster storm is making its way up the coast and threatening the busiest shipping day of the year. my packages better get there this time. spreading good cheer. a basketball team is helping make the season a little brighter for one of their own after a date gone horribly wrong! do you ever have too much money? ♪
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melissa: here is hoping santa has a waterproof sleigh. a christmas storm making its way to the east coast, threatening travel plans of people in two dozen states. meteorologists predict strong winds and torrential rain on christmas eve all along the east coast down to florida. the rough weather begins tuesday but the worst of it will be felt before christmas day itself! officials call it a high impact event adding that a lot of flights could be canceled in the northeast, even the west coast will not be spared with a big storm brewing in southern california. that is no good. all right, it is on. christmas is just days away and shipment companies are battings down the hatches hoping to spare us all from the devastating delivery debacle we saw last year.
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i'm still mad about that by the way. ups is facing biggest day in history and fedex is pumping billions into updating operations. can they pull it off or are we in for short ship show? bruce terkel is here. and veronica and kmele are with me. today is a lot of pressure. 34 million packages. can they do it? you brought a few. >> ups is two letters away from, people said, oh crap, it is christmas and are they doing it? they will be rolling all the time. they can't afford not to do it. because they have $500 million riding on this they are not going to mess it up. melissa: they have spent a fortune. fedex as well. they spent about 4.5 billion on cargo and ground shipping updates. the problem is, that everyone is buying everything from amazon and online and they have all guaranteed to get it there.
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so they don't even know what to expect and they get totally overwhelmed. veronica. >> they're trying to do better this year by automating digitizing everything. like you said the amount of packages there is so much, how do you keep track of that? how do you predict because online shopping has become such a big thing. keeping track of that will be an issue. we'll see if things get there on time. this shows how much automation is becoming a bigger and bigger part of business for some companies. melissa: no, it's true. it is showing us what is happening in the future. kmele, ups is rolling next generation aisle. it automatically sorts packages by zip code. trying to figure out how to do it with robots and bigger people. >> you already mentioned, ups sunk a money trying to make the whole thing work a heck of a lot better than last year. i have every reason to believe they get it right. if they don't, what i'm not worried about what i get with the ups, the fact they lose millions of dollars every single year. 50 billion over the last decade if i'm not mistaken.
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so, i suspect they will get it right. if they don't -- melissa: i got to say, on sunday i was out, my postman was walking up and down my street with huge boxes from sampson. they were ones out there delivering, our postal service trying to go the last mile. they have figured out a way to make money on the fact that we are all expecting it -- >> we subsidize them. melissa: well, but that has to do with legacy costs. they're creating new businesses. if they were a private equity takeover they could get rid of some of those costs and make it right but i digress. veronica, how many packages do you have flying around the country. >> amazingly, i'm all done. melissa: they arrived where they supposed to go. >> they arrived. amazing. i don't know how i did it. very unusual for me. melissa: thanks, guys. st. louis, jacksonville and even cleveland keeping bragging rights over los angeles. why the city of angels isn't getting any california love from the nfl. plus north korea issues rash
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new threats while dr. evil tells kim jong-un to pick on someone his own size. >> why pick on sony? they haven't had a hit since the walkman. come on sony, you thought it was a joke to have james franco assassinate kim jong-un? the man single-handedly almost killed the oscars. zero heartburn! prilosec otc. the number 1 doctor-recommended frequent heartburn medicine for 9 straight years. one pill each morning. 24 hours. zero heartburn.
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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 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,
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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: north korea vows revenge. the country issuing new threats against the united states of warnings of strikes on the white house. the pentagon all of mainland usa. a former state department senior official. former deputy assistant to president george w. bush. gentlemen, thanks for joining us. brad, let me start with you. north korea now threatening the white house and, quote, the whole us mainland, that cesspool of terrorism. are we taking this seriously? what do you think?
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>> we're not -- no, i don't think we are. the fact the president has deemed this to be a crime when it's clearly an attack. cyber warfare is just as lethal as any kind of conventional warfare we've seen in our country. the president has to realize, the bad guys are looking at this attack, and they're gauging and determining how our response has been. and i have to tell you, it looks like it would be open season on america, based on north korea's latest act. as christian will tell you, our country is vulnerable every day to our attacks. hundreds, if not thousands of attacks, every day. the question is, when will the next attack come and how big will it be. melissa: i want to play you the sound bite of the president >> i don't think it wasnk ipres. an act of war. we take it very seriously. >> what do you think? act of vandalism. >> i don't think the guy who tagged the bridge
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near my house has threatened to kill movie goers or cost sony $100 million or cost the economy billions of dollars. melissa: that is one of the questions. i mean, you said plausibly threaten to kill movie goers. was it plausible they would actually be able to achieve something like that? >> not the act on the us homeland yet. this is a nuclear capability that's growing and growing. we've sort of laughed at north korea. their capability is getting better every year. not a capability to act on the us homeland with kinetic means. they're very able -- this is going to cost our economy billions of dollars not going on the offensive. we'll to have spend a whole lot more on hardening everything. melissa: brad, the president is talking about adding them to the list of state-sponsored terrorism. what difference would that make at this point? do they deserve to be
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there? what does that mean? >> absolutely. their threats alone are deserving to be there. approximattheir behavior and aggressiveness needs to be there. they're emboldened by china. we should put pressure on china that they're responsible for every terrorist act that they put on the united states. we should blame china for that. and put all our resources in diplomatic to pressure korea to keep them in line. melissa: does the president's response calm things down or does it antagonize korea even more? although, they're already so angry. >> the rhetoric is common. what this will do for north korea is confirm what it suspects and conditions to expect. which is after every sort of acting out, whether it's a ballistic nuclear test in 2010 when they sank a south
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korean naval ship, we call it unacceptable. we say there will be swift consequences. north korea will be held to account. this spans the administration of both parties. nothing ever happens. you would expect the cycle to get worse and worse. because north korea gets away with it and gets rewarded. whether it's on wall street or main street, here's who is making money. anyone with a piece of caesars entertainment. the stock is surging a whopping 13% on the news. it's an early christmas for ceo gary, he owns 365 shares. meaning he's made a cool 660,000 bucks just this weekend and this morning. so nice. losing money though, the city of los angeles, despite endless speculation, no nfl team will be moving to la in the new year. the oakland radars, the
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st. louis rams were the most likely candidates to make the move. one movie to rule them all. the final hobbit topping the box office, raking in more than $90 million in five days. sweet send off to middle earth. it didn't match the opening of the last lord of the rings which earned $125 million back in 2003. all righty then. hurry and up book that trip to havana. the travel sites say. it might be getting ahead of themselves with this forbidden destination. we're going to tell you which airlines has the worst record for keeping track of your luggage. at the end of the day, it's all about carry-ons. come on, guys. ♪
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>> i'm melissa francis with your fox business brief. dish network subscribers are still unable to watch fox news channel and the fox business channel because of the contract negotiations, the horror. dish has similar disputes with other networks including cbs, cnn and the cartoon network. the subaru rx has been named the most ticketed car in america. the sports sedan has received the most violations of any car with more than a third of its drivers getting a ticket. and the passing of a
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melissa: newly negotiated diplomatic ties with cuba means americans can be planning its next trip to one of the beaches. the travel industry is champing at the bit urging travelers to book their get away early. are they laying out their towels too soon? mike boyd is the president of the boyd group. mike murphy is also here. mark, let me start with you. because it sounds like this forbidden destination that we haven't been allowed to go to. you want to go. you see some of the video. see they're stuck back in 50, 60, 100 years ago from some of the shots. would you hop on the plane to do this? or give it time. >> you're not hopping on a plane and doing it any time soon. congress had a to change the embargo laws and rules to allow it. just because the president says you can do it, doesn't mean it will change anything.
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they can change things with the state department to speed up the process. right now, the only people going are the same people that can go there today. which are ones that go on a culture exchange or have relatives there. that hasn't changed. the chipotle i excitement is gr. melissa: do they have the infrastructure for tourism. >> they don't. there are more hotel rooms in the las vegas strip than in cuba. they're free with giving away four stars. but the reality of it is, we don't have the hotel rooms there. it's not a country unfortunately you can go and travel freely. it's a tremendous place. until those things change, you won't have a lot of travel. melissa: meanwhile, it's amazing to me, mark, that already travel view is sending out emails urging travelers to book their flights. there aren't even flights. >> well, no. you can go. you have to go with certain tour operators on certain packages.
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they restrict your movements like mike said. you can't roam freely. you can't put dollars out there. so it's very, very controlled. hey, beyonce and jay-z went there not too long ago. but it's an elitist destination about 4,000 per person to do these trips. it's fascinating because of the history and because it's been shut off for so long. melissa: none is able to go unless you know the president, you're beyonce and jay-z and can get special treatment in order to get it done. mike, how do you expect this to play out? i mean, how big a boost to cuba's economy will travel be? how long will it take before it's a good idea and easy to go? >> well, even if they eliminated restrictions and let airlines travel there to do, you're not going to get typical tourist traffic because it depends on the hotels and infrastructure. you'll get more visitors
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to see family. that will be restricted to south florida where most of these people live. it won't be a big thing until cuba has more infrastructure. melissa: thank you. before you pack your bags and fly out of town for the holidays, better watch where you check them. the department of transportation is out with its list of the airlines with the worst track record for losing your luggage. and the top offender is on voy air. formerly american eagle. these guys lose nine bags for every 1,000 passengers. doesn't inspire a lot of confidence. mark is back with me. express jet. sky west. then southwest. sounds like it's for teeny guys. if you're flying cheap, go carry-on. >> you see the low cost carriers at the bottom which is the best of the guys who lose bags. there's a good chance you won't lose your bags where you travel. i discovered blue ribbon
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bags. it's neat. you can actually pay -- i think it's five or $10 per person to protect up to two bags. if it's lost for $96, they send you a check for 1,000 bucks. might want to check those guys up. that's a way to get some extra protection. which, you know, for peace of mind. melissa: you have everyone's attention. we all perked up. now everyone is writing it down. thank you for that tip. blue ribbon bags. approaching the last hour of trading. watching for the close of the dow, maybe getting closer to 18,000. let's the check in with @lizclaman. >> quite the rally. can we make it four in a row? plus, sony, yet another door slams in its face. breaking news at the top of the hour of yet another opportunity that was scuttled. sony coming up empty-handed at the moment. we have exclusive information on who they
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tried to partner with. how it did not work out. over the weekend trying to get "the interview" shown anywhere to thumb the nose at the hackers. not working out so far. we have the breaking news at the to which the hour. along with gary of snoop wall. ththe man who targeted the north koreans and said they're the ones who did it. he's an analyst that looks at all kinds of venues when it comes to releasing movies whether it be satellite television or any other option. we'll be talking to him about that and much more. and a 68-year-old company is starting to look younger and younger for the millennial crowd. best western. don't turn your nose up. david kong, ceo and president of this decades old company and how they're now right in the thick of the holidays looking toward millennials as their next customer for best western. we'll see you at the dop of the hour. melissa: before we do anything else, a kangaroo in hunter
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valley australia because the hero to privacy lovers everywhere sending one surveillance drone into a dusty grave. kmele, look at that. the drone is overhead. beautiful nature shot. almost fake. all of a sudden bam. the thing is gone. here it comes. >> don't fly your drones so low. don't fly it over kangaroos. melissa: very important. they collected the drone. that's how we're seeing the footage. it was totally useless. totally dead. all right. you might think you have the most obnoxious holiday lights on display, our next guest will put your christmas pageant to shame. throwing out a gift you won't use and wrapping it and giving it to
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switch to liberty mutual insurance and you could save up to $423 dollars. call liberty mutual for a free quote today at see car insurance in a whole new light. liberty mutual insurance. melissa: i want to draw your attention to the markets. the dow getting ever so close to 18,000. we're sitting right near session highs, up near more than 100 points. take a look. crude oil settling down more than 3%. fifty-five a barrel. move over, there's a new sheriff in town. dr. christmas. responsible for outfitting the homes of some of tin sill towns. i don't think santa can afford his services. dr. christmas is with us. he's the founder right now. (?)
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i butchered your name. i'll call you dr. christmas. what do you get for 80,000 bucks? >> hi, to you, melissa. it's all right. you can butcher my name a little bit. by the way, you look fabulous. melissa: thank you. flattery will get you anywhere. what do i get with 80 grand? >> you get to spend time with me, which is a good time in itself. generally, you'll get your entire house decorated for that money. melissa: inside and out? we're looking at a beautiful interior that is lavishly decorated. i don't even know how you move in these homes with all this stuff everywhere. does 80 grand get me inside and out? the front lawn, the whole thing? >> dr. christmas is primarily a custom business. so as i always like to say, there's no feeling to christmas. the sky is the limit. melissa: there's no ceiling to what you can spend on all this.
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it's kind of worth it to have someone take it down and store it. i assume you take it all the way -- how long do these people leave it up? i paid for it, i'll leave it until february. you have that problem? >> what's interesting, most people are putting their christmas up right after halloween especially if it's artificial. i always say, if you'll spend that kind of money on decorations, you're essentially redecorating your house in a fantasy way for about a couple of months. usually by new year's, most people are like, okay, it's time for it to go. melissa: they're over it. they must love christmas. bob, thank you for your time. loved it. 'tis the season for regifting. new research from american express. more well to do americans are recycling their gifts. more than 70% of folks making 100,000 dollars a year believe in passing on gifts. (?) i mean, this is a very
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controversial issue. everyone was upset and had an opinion earlier this morning. if you regift. first of all, are you offended. do you have to say, here's this, i got this i don't want it. you wrap it up, i got it for you. it's perfect. >> just for you. yeah. i think the key is make sure you take out the original card. make sure it's not engraved. melissa: very important. kmele, what do you think? >> at least the -- the 50-year-old fruitcake that you got -- melissa: garbage. but i don't know. a heartwarming story for sure. you won't believe what this drive-thru worker received after paying her customer a nice compliment. at the end of the day, it's all about money and a lot of christmas gifts. ♪
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receive. the guy praised the customer's mink coat. the woman took off the coat and gave it to the worker. bruce and veronica is r back with me now. bruce, this is a gift i can get behind. >> i would have said, by the way, that's a nice mercedes you're driving after she gave me the fur coat. >> pita must be so mad. (?) all right, the holiday spirit extending to the hard-core where the nba team played santa to a staffer on his luck. the grizzlies is buying a car for brandon henderson whose chrysler was stolen while he was on a date. they bought him a new car. >> yeah. he must be a stellar intern. off the charts. i think it's great the guy gave it to him.
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the fact he was working to work for a while this shows his initiative. melissa: and also he didn't have insurance. thanks, guys. that's all we have for you. i hope you're making money today. "countdown" with liz claman starts now. liz: breaking news on sony, yet another door slams into the movie door's faces as executives work overtime to get the controversial movie "the interview" released. any chance for dow 18,000? watching the markets. seems like a pipe dream. that was until this latest rally four straight days of gains. longest winning streak in six weeks. we were within 81 points between dow 18,000. the dow, and nasdaq, and s&p moving higher. today's rally could have been stronger. maybe being held back by a key report on housing. existing home sales falling. that significantly less than what analysts were expecting. that number though, having little impact on the home builders.
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