tv MONEY With Melissa Francis FOX Business February 9, 2015 2:00pm-3:01pm EST
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with jamie colby, only on fox business. melissa francis with "money" starts now. melissa: it sure does thank you so much. high-stakes diplomacy, the u.s. and germany struggling to maintain the united front on ukraine as the threat from russia grows. a really big dig in boston. another storm strikes the city faces the snowiest month ever, but the rest of the country warming up. big brother in your television. why samsung is warning customers not to discuss personal information in front of their television. i kid you not. dirty work but somebody's got to do it how one businessman rakes in $20,000 from digging through one dumpster in a day. even when they say, it's always about "money." . melissa: when sanctions may not be enough president obama meeting with german chancellor
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angela merkel earlier today to discuss a solution to the growing violence in ukraine. >> even as we continue to work for a diplomatic solution we are making it clear again today if russia continues on its current course, which is ruining the russian economy and hurting the russian people as well as having such a terrible effect on ukraine russia's isolation will only worsen politically and economically. melissa: the president did not rule out providing lethal weapons to ukraine saying no decision has been made. let's bring in today's panel, charlie gasparino looking sharp, mary katharine ham from hot air.com, also john luns ski from moody's. what do you think they were talking about? >> disagreement between germany and the u.s. i'm glad the president has not ruled out lethal help have you senator mccain and senator lindsey graham trying to get
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the u.s. out in front on this issue and germany going hold on we're talking to putin. president continues to say russia is isolated when i'm not sure russia believes it's isolated or anyone is going to take jookz that's a big point. she said combating terrorism was at the forefront of the talk today. how do you interpret that? >> it should be, it's a huge economic issue for both countries. if you want to see the dow go down 2,000 points in one day, see major terrorist attack on our soil, and i'll tell you, there's loss of lives, which you are not minimizing i don't want to reduce everything to an economic story. the dow goes down and the economy shuts down that's where terrorism has its real impact. what is a lethal weapon? we don't give them weapons? melissa: they're talking about anti-missile aircraft. >> somebody on the show we should give russia the benefit of the doubt. every time i see stuff like, this i think of this one guy who had an argument with me on
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your show who said we should give russia the benefit of the doubt. melissa: so many arguments on my show with people who refuse to come back. i don't know. john lonski. charly wants a fact that sanctions on russia. >> if you look at performance of the economy, that might well be true. the russian economy is expected to contract by 3.5% this year, and not grow at all in 2016. that type of performance resembles the great depression in the united states, and for some odd reason the ruling class of russia puts up with this. >> my barber is russian. i want to say. this every time i talk about this. melissa: you can always bring it back to someone in your life who has a personal connection. the barber and his hair. >> anecdotal, it's a huge margin of error. the people of russia are
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backing putin. melissa: that's the thing. >> people don't necessarily care. melissa: i think my interview with glozel went better than expected, the president is taking his message online today. he's appearing on box not to be left alone in the concern with chat videos. the editor in chief of buzzfeed will interview the president tomorrow. mary katharine ham buzzfeed very well known for cat pieces. they put up 12,200 pieces of cat related material. >> you know who the editor is? is it ben smith? melissa: yes. >> not a bad journalist. melissa: yes, but political posts have about been 8,000, if you look at screen cat to politics ratio is 3-2. the president is going to go on with a nice fluffy kitten. >> also one of the reasons they have a large audience. everyone loves a cat video. buzzfeed has gone hey, it's hard to make money sometimes
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with news so what we're going to do is grasp the kitten photos and the politics together. i don't have a huge problem with them going there. the question will be it will be better than the glozel round. >> ben wrote the story about uber and journalists. >> we're going from a dead cat bounce to a lame-duck president! that's all this is. [ laughter ] >> that's what you interrupted for? that joke? on a more serious note. hsbc how the swiss helped wealthy customers dodge taxes and conceal millions in assets. tell me how. no, no just kidding. >> are you surprised? . melissa: not remotely. >> putting money in switzerland to get out of taxes. melissa: yes i think hsbc can get into trouble for doing
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that. >> active probes on similar issues. jpmorgan in the news today. i would say this about the big banks, i don't think they set out to do this sort of purposely where you got to shut the whole thing. melissa: i don't know. i don't know. >> let me finish what i'm saying. i don't think jamie dimon set out to do the london will or anything. and everything else that jpmorgan is stuck with. these banks are way too big to manage. whether republicans or democrats will do is bank reform. melissa: they allow clients to withdraw bricks of cash and foreign currencies of little use in switzerland. >> who? melissa: hsbc? >> who at hsbc? the ceo? that's the problem. >> charlie's point is that even the smartest shareholder in the world couldn't possibly understand what's going on with the operations of a modern-day global bank. it's beyond understanding. what should happen is the shareholders should speak up and demand the banks are broken
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up and jamie dimon cannot -- he's the best manager in the world, he cannot manage jpmorgan. melissa: the federal government is way bigger. >> great point. exactly right with it comes to regulators. >> hits from brian williams anchor temporarily stepping down from nbc news and cancelling appearance on "the late show with david letterman." charlie promised twitter to defend the guy. >> i always found him to be a class act. i feel bad what he did. i really want to see, here's the thing -- if he exaggerated his experience on this one time. melissa: now, it's a bunch of times, everybody is digging and digging? >> did he pipe a story that went on the air. did he report something that was demonstrably false. melissa: seems like he has a habit of telling fish story where you tell about -- >> about himself.
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melissa: wasn't a character issue perhaps. >> that is leading to what you're doing in everyday news. we're going to find it out. [ inaudible ] >> pieces about memory and how his memory works. i am no combat journalist but i was in a helicopter over iraq and i am crystal clear we were not hit by an rpg, as a newsman it is your duty to get facts straight. >> this is why they're doing it, this gets to the psychology of anchors. >> go ahead. melissa: uh-oh. >> every anchor i know every anchor i know wants to show their chops as a reporter. and this is where it gets into a gray area. i believe he reads the teleprompter better than anyone in the world. i think he's a class guy, but him, like a lot of these anchors want to say, i'm not just a teleprompter reader i am a reporter and here are
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my -- >> i have the answer to that. and reporters have no egos definitely not. they never sit there want and it to be all about them and talk about themselves. >> i never talk about myself. >> i would say the problem is he tells the story and the problem is it gets bigger and bigger and bigger and bigger you cannot lie. >> i agree. melissa: when you're telling a story. >> you can make a mistake. melissa: there were many many stories and got bigger and bigger and they have the tape to prove it over and over again? >> you don't think that's an impulse in the people in your business. melissa: am i in a difference business than you? how am i different from charlie gasparino? >> the anchoring business. melissa: people on twitter, who do you think has a bigger ego me or charlie gasparino? tweet me right now! this guy? >> this guy reading that teleprompter. but i'm telling you that i know for a fact that the guys and girls are very good at that.
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>> go ahead. >> prove your chops as an anchor and reporter would be to tell the truth and check it. melissa: one more story are about we all blow up here. sorry, ashby's pharrell is making headlines at this year's grammys, the singer performing on an outfit i would love to see on charlie black shorts which appears to be a full-on bell boy outfit. kanye did let him finish, it wasn't all in good fun, the performer telling e! news that beck doesn't respect artistry and should have given his award to beyonce. he married someone who, you know, became famous for being in a porn video. kim kardashian. she's on a reality show, no shade, but this is not taste necessarily. so i don't know how he's the arbiter of taste? >> here's the deal. the deal with kanye west he's an invariety, he thinks of
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himself as a great musician he can't think of two ways to pull a stunt at the grammies he's done the same one twice. so lame. >> pharrell's outfit reminds me of some back in the dark days of the financial crisis, mcdonald's bonds and stocks were outperforming goldman sachs and morgan stanley. i thought to myself, part of the solution is to have the guys on wall street adopt uniforms similar to those nifty little outfits they have on mcdonald's. melissa: there you go, that would work. i love that idea. >> i would love to see jamie dimon in that outfit. >> you are obsessed with jamie today. jordan coming down on the terrorist group. live from the middle east next. leading the pack in 2016. brand-new analysis as who's got the best shot of winning next year's election more money more answers, more attitude coming up.
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. melissa: isis taking a serious blow from jordan, the country reporting it has destroyed about 20% of the terrorist fighting capabilities as part of its, quote earth-shattering revenge. more on the way. fox news connor powell with the latest. connor? >> reporter: yeah, melissa, u.s.-led coalition which jordan played such a crucial part of continues to pound isis targets in iraq and syria. jordan saying they've lost dozens of airstrikes as part of this coalition in the last 72 hours or so for the revenge of that brutal killing of their pilot. the coalition continues to pound targets in both iraq and syria but evaluating effectiveness is really the tough part. jordanian officials say they've knocked out 20% of isis' capabilities, that's a tough number to verify.
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what we do know is in iraq, the air campaign is having a lot more success than in syria in large part because there are ground forces kurdish and shia militias, helping to drive back isis from the ground they've taken there. we're also hearing, according to the jordanian media, general john allen the special envoy to the region to battle isis told the jordan king today that the iraqi military will be ready within a number of weeks to push is back and to launch a ground operation. this is pretty significant because all of the talk of revenge we've been hearing from jordan, there is no talk of ground operation from jordan or other gulf countries. general allen is telling the king of jordan and others that the iraqi military which failed so military in the first push and fight against isis when isis pushed them to iraq they're going to be ready to fight and launch a counteroffensive. whether or not that's true it remains to seen, we're seeing a strategy develop in iraq and
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syria but particularly in iraq where there will be a ground offensive with the help of the shia militias kurdish forces and hopefully the iraqi military with the support of the u.s. military and this international air campaign. melissa? melissa: thank you so much for that report. stocks losing steam, the dow at session lows near 100 point. let's go nicole petallides on the floor of the new york stock exchange with more on this trade. nicole? >> reporter: market breadth was weak and gone the weaker. down nearly 100 point not too far off of the session lows. the dow down about half a 1%. 93 points 17,730. and a majority of stocks lower as well on the dow jones industrial average about 25 of the 30 names have down arrows. shows you the selling is lower across the board, all sectors. energy has been the shining spot. travelers, johnson & johnson, mcdonald's walmart are some of the big laggards on the dow jones industrial average. you did have news out of some
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of these names such as mcdonald's with weaker same-store sales. the vix, the fear index up 8%, that has accelerated some, we're watching that as well. energy is the glimmer of hope on wall street today. melissa: thank you so much. netflix is heading to cuba. cubans will binge show on "house of cards" and "orange is the new black." it costs 8 bucks and customers need to have a debit card or credit card. uber is aiming high the car service wants to compete with car dealerships saying users no longer have to purchase their own vehicles. uber's ceo say the service will be so cheap owning a car won't make sense any longer. and spongebob taking the number one spot at the box office? seriously? the cartoon pulled in 56 million dollars over the weekend. "american sniper" continues spectacular run, falling into
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second place behind spongebob? really? when smart turns spy, tv's are the latest technology to be eavesdropping on your latest conversations. is nothing safe anymore? you have to listen to this one. don't turn on a robotic vacuum and take a nap on the floor. come on. how one woman's chores turn treacherous. do you ever have too much money?
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the real question that needs to be asked is "what is it that we can do that is impactful?" what the cloud enables is computing to empower cancer researchers. it used to take two weeks to sequence and analyze a genome; with the microsoft cloud we can analyze 100 per day. whatever i can do to help compute a cure for cancer, that's what i'd like to do. opportunities aren't always obvious. sometimes they just drop in.
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of wages for each offense, for each offense? doesn't sound fair. waiters are fined for using tooth pix, and serving too much food. vladimir putin is meeting with top officials. the russian president is there to expand ties that increase trade between the two countries, looking for friends anywhere. he's hoping they can do away with the u.s. dollar when it comes to conducting business. putin has expressed interest in supplying weapons to the egyptian army perfect. landing in south korea where one woman's hair was eaten by a robot. yes, i did read that correctly. emergency services got a frantic call after a robot cleaning device locked onto the lady's hair after mistaking it for dust. apparently the woman left it to clean while she took a nap, on the floor. she emerged unharmed from the ordeal but hopefully going to do her own vacuuming from now on. is your smart tv spying on
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you? samsung admitting paranoia could be warranted. the tech giant is urging customers not to disclose any personal information in front of smart tv because they can transmit private conversations to unknown third parties. are you kidding me? joining me is bruce turkel along with rob enderle of the enderle group. bruce turkel this seems like a marketing nightmare. tv is eavesdropping on you. >> it would be so is everybody else. this is more big data. you put information into facebook you put information into kindle your car is eavesdropping on you, cell phone is eavesdropping on you. rob will tell you it's happening everywhere. melissa: i don't know about this, rob, i have one big problem, my television is in my bedroom. i mean -- wow! i'm really not comfortable with it eavesdropping on me go ahead. >> yeah, we're lucky we don't have a camera on them yet, and they're coming.
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and the fact of the matter is you've got a microphone on your tv, we have malware on cell phones for a while if you get an android that will turn the microphone on and leave it on. that data is going to people making use of it. the data tv is capturing probably isn't going any place that's going to do you harm. you do have an open mic. melissa: you have an open mic and bruce, seems that nsa is going to say this is fantastic, why didn't we think of this and tap into the tv i'm not kidding, and get the information from the tv they've done everything else. >> you wonder why they haven't done it senior. how about the credit card companies? how about divorce attorneys, they can send you e-mails, hire us we can take it for you. melissa: rob, samsung is under fire, they can't be the only ones. >> they are the first one to put microphones in televisions. we have microphones in fire tv's and set-top box that take
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voice commands. samsung being the biggest provider providing the service is the first one to get held up for doing it. this is one of the things we might want to think a little bit more about where we're putting some of this stuff before we do it. do you really need a smart tv in your bedroom, for instance? melissa: it's true, i hear people screaming at the television saying siry listens to you, has a receptive microphone. obviously phone does as well. i can control where those are, i'm not keeping them in my room. samsung's argument is you can disable it. i got to be honest i can barely work the parental controls on kid's ipad. the thought of making sure it's not back on bruce, it doesn't seem realistic. >> i still have a vcr and it still flashes 12. we can turn this stuff off. doesn't mean we do. melissa: rob, what is the solution to this you can't stop technology, seems like they're going to do it anyway? >> you just need to realize, there are a lot of things
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listening to everything you do. you might want to think a little bit about what you're doing to make sure the stuff isn't going to come back to bite you. i'm not convinced you can get rid of it all. best advice is be aware whenever you are doing something someone is and will likely be watching. melissa: i agree with you to a certain extent. when you get into the privacy of your own home especially with bedroom with the shades drawn, you have some expectations of privacy there i expect that's the last spot. gentlemen, thanks to both of you. appreciate it. hot line for undocumented workers to file complaints about uncle sam. think about that. known as the night that changed america when ed sullivan met the british invasion. more "money" and beatles coming up. ♪
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its second attempt at landing rocket on a platform in the middle of the ocean. you might remember the first time it tried to land the falcon 9 booster ending in a massive fireball. it was tough to do. i don't know. being hard on them. tomorrow's 6:00 p.m. liftoff will send a deep space observatory a million miles from earth and maybe back down into the platform like that rocket was trying to do. the government launching a complaint hot line for illegal immigrants. a memo urges illegal immigrants to call one of three new hot lines, if they feel rights have been violated. mary catherine is back along with simon conctable of the "wall street journal." what do you think of this one? >> sometimes my brain can't get wrapped around this, ask people here illegally to report they hear only because they were accidentally apprehended. melissa: they're calling to complain about treatment from various people they've broken
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the law getting here. now there is the new amnesty program. >> right to explain that and deal with it. melissa: and maybe the people handling them are not dealing by the right rules. simon, what do you think? >> when i was a then legal immigrant, they might get race and gender wrong. they thought i was a chinese woman. melissa: you're kidding, right? >> no, i'm not kidding, i'm not kidding, this is absolutely true. melissa: you're saying the folks could use oversight. >> you was under that impression. >> you were, okay? how about having a help line or a call line for people who are here legally for government complaints too to get those things fixed. there is plenty of things that might need to be fixed. >> you are saying we might want to call and complain about treatment from the irs or dmv. >> strangely that's not the obama administration's priority to complain about things. the folks who call this line will get the same robust
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government service as the rest of us get when we try to complain. melissa: why would anyone be upset. it's a hot line for you to vent. they're not going to do anything, it doesn't matter. it's the principle of the matter. i will stick up for the idea behind this, if you've been in the situation and you feel you have no voice, we've all been on a flight where nobody cares, i have no power. a hot line will help. who's paying for the hotline? if someone was manning it i might be upset about tax dollars going to it. >> i would, too. i'm not sure anyone is going to check the messages could. >> be an answering machine i don't know. melissa: guys, thank you so much. cleared up that. oil up big time closing up 2% at $52.86 a barrel, opec reversing prediction that demand would falter this year. the oil cartel said demand would rise 100,000 barrels a day, that is a stark difference from original call of 300,000
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barrels per day, drop in demand. scott shellady in the pits of the cme with us on this one. have we put in a bottom? is that what it all means? >> i think for the short-term we have on the basis we've seen strikes at the refineries less refineries and now with opec's statement, but you know what? the proof's in the putting. opec is betting on a big u.s. recovery, that's where the demand is coming from in the new numbers, yes the jobs report was better than expected and the revision was very good. however, i want to see that actual growth turn into gdp, and until it doesn't, we had citi say they expect a run towards $20 a barrel, and i think ultimately we're probably going to falter in the 52-55 range before we settle in. melissa: gas prices rising again today. up for 14 straight days to $2.18 a gallon. still cheap according to aaa,
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that seems like we've seen a bottom there. what do you think? >> short-term bottoms okay, however, like i said before, i want to see real u.s. growth justify what opec had to say and see the price per gallon is going to go for the consumer at tank. we've proved that a cut in oil prices doesn't flow to the bottom line. the consumer hasn't shown up for retail sales to let us know that's doing well. i want to see where the great savings comes from and get the u.s. engine going again that's why i think we'll falter between 52 and 55, and we have another bad u.s. number, you can see the market trade back below 40. the short-term is a month or two, we probably put in a bottom. melissa: scott's the cow guy always love you, thank you for coming on. the winter that can't make up its mind. the u.s. braces for another snowstorm while the rest of the country is sitting at record
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sales fell nearly 2% in january, much more than expected. shares of the company drops today as a result. and richard fisher joining fox business for exclusive interview. the dallas fed president is known for criticism of the current fed policy he is retiring next month after a decade. don't miss what he has to say during "after the bell" at 4:00 p.m. eastern. and remembering a wall street titan. john whitehead died saturday at age of 92. he helped build the bank into a powerhouse it is today. he'll be remembered for rebuilding downtown manhattan after the 9/11 attacks. that is the latest from the fox business network.
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with everything from investing for retirement to saving for college. our commitment to current and former military members and their families is without equal. start investing with as little as fifty dollars. ♪ remember i'll always be true ♪ and then while i'm away ♪ ♪ i'll write home every day ♪ >> they wanted to hold your hand and ended up setting a beatlemania. it was on this very day in 1964 that the beatles gave their historic performance on "the ed sullivan show." people across the country spent the evening glued to tv sets. the show went out live to a record 73 million people making it the biggest tv event ever at the time.
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the boys from liverpool sang five songs including she loves you and all my loving, and people cried. there you go. all right. jeb bush may be the front-runner for the 2016 republican ticket, the battleground of contenders ready to challenge him is changing by the week. power index shows marco rubio taking rand paul's spot at number three this week. that's not the only shake-up. chris dial joins us fox news digital editor chris so excited to see you. talk to me about the rankings, how do you do it? how do you decide? >> it's mostly fake. melissa: come on, now! >> the idea is that what we want to do is take real data we want to take the latest polling data. our polls, external polls we want to look at fund-raising and viability. this is not a prediction we're not telling you who's going to win. at this moment is a snapshot of the race they're doing the best or not doing as well at
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running for president today, and today you would have to say that jeb bush is the front-runner. that may not please a lot of republicans who think he's too moderate or too establishment. he is the front-runner. not only does he lead in the polls, he has the dough, the network, the organization, but you mentioned marco rubio. he's had a couple good weeks, right? moving up the charts not only on his polls but he has demonstrated he could be the kind of straddle candidate that the establishment could live with but that the base might live with too, starting to occupy the same space that scott walker is. melissa: i see that he jumped over rand paul who had a little bit of a measles-vaccination outbreak. >> he had an outbreak, very good. will people get over that and be cured? or once you get the rand pauls you can't get rid of them. >> he has this he was viewed
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with increasing comfort by the establishment. mitch mcconnell endorsed him, said he was on board with him, the establishment said yes, the error -- and it wasn't just what his view was about vaccinations, how it was handled, done the manner caused concern, whereas the way rubio handled it, this is across the board, he did it directly forthrightly strongly. melissa: talk to me a bit about scott walker, seems he's gaining strength. do you think that's sustainable? what's the chatter? . >> sustainable, yes, the question is how does he grow the number. there is a substantial part of the party going to back an anybody but bush candidate, and they're going to look for the most viable candidate who is not jeb bush to back. and question is can walker be appealing enough to the republican base especially those with more libertarian leanings, social conservatives can he get enough of those people to gather a coalition. i told you before, i tell you
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again, the establishment choice has won every republican presidential nomination when it was open except for two, barry goldwater and ronald reagan can walker unite the rest of the party and do it? i hope so. melissa: chris, you are going to be on every week. love it thank you so much. check in with liz claman and see what she's got coming up on her program, liz? >> so much risk with the president meeting with angela merkel of germany, and so much internationally. here in america, the port slowdown which fox business and "countdown to the closing bell" have been warning you for months is coming to a head at this point, and everybody wants to know which side is holding hostage those crates? which side? this is a two sided story and we're bringing in somebody who wants it settled. jonathan gold national retail federation vp of supply chain, he's the guy you want to hear
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from, he's going to tell you what's happening with the supply chain, how slow it is and who he thinks is at fault and how we can fix the situation? it's a new situation for ten-time world champion of boxing oscar de la hoya. not enough he won the championships or olympic gold medals, he's starting his own tv channel. he's a businessman through and through, we're putting him on the business network. he's first on fox business. "countdown to the closing bell" has oscar de la hoya and we're going to talk about his brand new channel. you and i know the challenges of starting a new channel. melissa: we love every minute of it. thank you so much. maybe can you buy love after all, if you haven't purchased a gift, consider yourself warned. i've already done my shopping by the way. living in the fast lane if you can't beat the weather you might as well enjoy yourself. smart money on the way.
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. melissa: if your commute to work this morning was rough, there are more cold temperatures, lots of ice on the way. not all bad new, some parts of the country looking forward to warm temperatures and sun must be nice for them. janice dean, the weather machine is in the weather center with more details. what are we gheth new york sunshine? >> start off with the good news, if you live across the plains states, the west spring-like temperatures 20-30 degrees above average. look at cells, dallas at 72, but you look across the upper midwest and the great lakes and the northeast, that's where we've got the cold air and the nonstop storms. again, tuesday, very nice across the plains states and the west ahhhh, but go across
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the northeast and it's still cold! and we're going to feel some of the coldest air of the season. i think i say that every week, like groundhog day, the snow moving into boston and providence, new york cloudy here temperatures in the 20s with the windchill it feels colder than that. they're breaking shattering records in boston. the average snowfall around 41 inches, they received over 60 inches in 30 days. the greatest january total in 123 years and the snowy-day period last week, and melissa, another storm on the rise thursday into this weekend that could bring another foot of snow. i don't know where they're going to put it where are their kids going to go in the parent goings to go. melissa: you would think the people in the silly corner would move somewhere else get a clue and get out of corner where the cold is. we stay right where we are. thank you so much. >> we'll talk about the west coast again. melissa: speaking of ice, love
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it or luge it get it? jeff flock is in an ice luging park in michigan. those things go fast. jeff, what in the world are you doing? reporter: you got to try this melissa, companies are doing this and corporate team building experience. this is the only publicly accessible luge track in america. you can come in and one day get a lesson from robin or someone, and learn to be able to go down the luge track. in fact, i'm going to do that right now. it is pretty amazing, it is scary but kind of fun. this is olympic start do it like this, and then you go. uh-oh! that wasn't quite the right way to go. you steer with your feet. and you go down and you really get going pretty fast and try not to hit the sides, if you can help it which actually worked out pretty well. melissa: oh no! >> and down at the end, and
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there you go you hit the pillows. melissa: my goodness. >> reporter: jim, okay. jim is the guy. melissa: oh my gosh, jeff? [ laughter ] careful! that was not very nice. >> reporter: excuse me jim is making this possible. you grew up on the luge. there's only four luge tracks in the country. >> there are in michigan it's a michigan favorite. >> reporter: you are the one that regularly makes this acs isible -- accessible to the public. without experience i can get on a luge a sled and do it. >> you can, you can, this is a safe track, we slide you down at safe speeds. people think we're going 90. it feels like 45, it feels like 90, right? >> not like a ride at disney world where you are strapped
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in. things can happen. >> things can happen here you are in control of your destiny and the sport of luge. >> this is why companies bring their ceo's and other members of executive board out to do a team building. >> absolutely absolutely, you can confront a lot of fears, build courage and get into good decision-making down the track. >> instinctive take a look, this is all wood. it's all ice. i went down with a gopro camera. they set that up for you. you can see what you look like going down. melissa: wow! jeff flock my new hero, good decision-making? i don't know that there's any good decision-making going on there. i thought you were going die. you sounded terrified and you stand up and do an interview like it was nothing? >> reporter: you should try this melissa. it was fun. put you in a little jeopardy that's good. melissa: if there's one thing i learned from the past two
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minutes, i'm not going to try. that jeff flock, you're a brave man and i love you, wow. thank you so much. one man's trash is another man's treasure how one entrepreneur is turning rags into riches. wait until you hear how much he's made. at the end of the day it is all about jeff flock! it's a fact. kind of like shopping hungry equals overshopping. there's nothing more romantic than a spontaneous moment. so why pause to take a pill? and why stop what you're doing to find a bathroom? with cialis for daily use, you don't have to plan around either. it's the only daily tablet approved to treat erectile dysfunction so you can be ready anytime the moment is right. plus cialis treats the frustrating urinary symptoms of bph, like needing to go frequently, day or night. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex.
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at ally bank no branches equals great rates. it's a fact. kind of like mute buttons equal danger. ...that sound good? not being on this phone call sounds good. it's not muted. was that you jason? it was geoffrey! it was jason. it could've been brenda. >> a quick look at the markets. the dow slipping to session lows, down nearly 100 points on the session. whether it's on wall street or main street making money today. the americans on valentine's day, retailers are expecting to spend a whopping $19 billion this year. around the $140 each that $10 more than we spent last year and guess we're feeling the love and making a killing in the art world. this pointing here by french artist paul goeghan, an anonymous buyer shelled out $300 million it depicts two
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girls in the pacific where he died penniless in 1903. and things you threw out in the trash people may be searching for your stuff. and personal information and even blank checks. dumpster diver, joins me now. thank you for joining us. you figured this out, you were going through dumpster to help companies figure out how things were stolen. and you realize there was stuff. >> computer servers and-- >> why is it valuable? i've thrown out a computer before that's gone bad and you know, they tell you it's worthless so you get rid of it. no? >> for a business it's usually every year they're adding new technology, so you new technology can be a year old to us and for them it's not worth anything.
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>> there's a proper way to recycle it not supposed to put it in the dumpster. >> you shouldn't be putting them in the dumpster they're there with hard drives full of data. >> you've made this into a business. and you went out and found the things on screen. this is the stuff you've got. what's it worth? >> there were two server racks full of equipment, which had state data on it as well as there was some older equipment, but the reality-- >> state data, like government data? >> yeah. >> you found government data on things. >> yes. >> was it people's personal information. >> yes. are you reporting that to someone that the government is dumping person data? >> yes. >> it sounds like a story. >> it's organizations that they don't destroy the data. it may be hold to them, but your social security doesn't change. >> what is it worth? do you have to rehab it? >> you often times will go out-- instead of selling the unit whole i'll part it out, the memory, the mother board and
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sell individual pieces is worth more than the whole in entirety entirety. don't throw anything of value away especially your social security, everything is worth something, the lesson i've got. thanks, appreciate your time. i hope you're making money, countdown with liz claman is now. liz: international headlines punishing markets at this hour. there's fierce fighting in ukraine and what to do about it, that argument dominating the joint press conference with visiting german chancellor angela americamerkel. the president said he would not rule out weapons to ukraine, something the german chancellor opposes. and there's a quest to renegotiate terms of a bailout package germany says it hopes greece will remain part of the euro zone. and china slows down imports
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