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tv   Varney Company  FOX Business  March 13, 2015 11:00am-1:01pm EDT

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here. at the lows of the morning. down almost 200 points. join me this sunday at 10:00 a.m. eastern. we will be talking about the upcoming fed eating. that will do it for the opening bell. have a great weekend. stuart: where is vladimir putin? following the murder of a political opponent, speculation is rampant. top generals have been shuffled. a power struggle. how this could be a very big deal for your money. how cool is president obama? he is all over social media. he has captured the attention of young voters. so hasn't disney. frozen two is coming. we have a very big news on the
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market. oil falling again. the threat of deflation takes stocks weighed down. "varney & company," the friday addition starts right now. ♪ stuart: not quite the way we wanted to start a friday morning, or in the morning for that matter. wholesale prices are falling. a threat of deflation. that hurt stocks. down we go. look at herbalife. bill ackman says it will go down. i say this is one of the reasons people do not trust wall street. the little guy often gets the short end of the stick. charlie gasparino on that
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subject. lumbar liquidators. defending its flooring against safety allegations. investors do not look too convinced right now. that stock is down. all over the place recently. now, on the markets we have this now threat. look at the price of oil. down 6% this week. the price of gas has begun to come down ever so tentatively. 244 is the national average. got that. audio, really coming down again? does that mean the price of gas is about to plunge? here is scott from chicago. the man that has called this market accurately in the past.
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>> it will definitely go down. $48 a barrel was a big number. that strong dollar is hurting. the most important game that we keep overlooking we keep talking about the system, but not the problem. where is all of this money that we are saving? stuart: you are not prepared to say a plunge in gas prices. the refinery strike appears to be over. >> we will plunge below $2. i am not saying it will go crazy. i am using your word to make you
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happy. stuart: 244 now i think it will come down if it can't wait. are we okay with that? happy with that? >> i am absolutely happy with that. this was an unusual headline. vladimir putin. missing? he has not been seen in public since march 5. russia's state-run tv station did release video claiming to show putin meeting with someone earlier today. stuart: you do not believe that state video? >> absolutely not. how do we know when that a deal
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was shot? stuart: okay. he has not been around since march 5. >> he was supposed to go to a summit. that was canceled. it is because he was ill. that started a whole slew of spec relations. all sorts of different speculations. stuart: generals have been shuffled. >> that is the talk. the crisis in ukraine. there has been some changes. what that means is, is there a move against putin? is he upsetting people by moving these generals around? we can speculate all day long.
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>> that was right around the timing of the shooting of the political opponent. >> that is right. there are reports that he is nervous. stuart: imputing that he is nervous. i am nervous. it is pure speculation. >> of course we care about russia. plus the fact that they border a lot of our nato allies. maybe some diplomatic impact. >> you would see military movement in moscow.
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you are not seeing that yet. stuart: was i right to go to the top of the show on a friday morning? >> of course it isn't legitimate. this guy loves to be in the public eye. stuart: a lot of the speculation has been in the financial times. >> absolutely. stuart: ashley, thank you for joining us. appreciate it. listen to this. >> we cannot generalize about protesters who had some very legitimate grievances. stuart: juan williams is with us joining us from d.c.
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>> nice to be with you stuart varney. you got completely off track. let's get serious for a second. i think that president obama and attorney general eric holder have not brought us together. ferguson is one of the examples of that failure to bring us together. you say what? >> i do not think that that is true. the attorney general said those guys who committed this criminal act -- i did not owe about that
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language. the president just said last night that they were criminals. >> a report on the police force in ferguson. clausing over darren wilson who did nothing wrong at all. ignoring the hands of life. concentrating instead on an unfunded of tickets issued. essentially, they picked on the ferguson police force and a board what happened to officer wilson. i think that that encouraged the environ it. >> from your if, i would think that you would say that this is incredible. yet, here is a report that says officer wilson did nothing wrong. there were not hands up. this is a clear statement from
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the government that the officer was vindicated. >> officer wilson, you are okay. >> that is what the report said. stuart: dismantling the ferguson police force. you cannot say that we were brought together in this country by the president or eric holder. i think that they pushed us apart. >> there is someone giving voice to their concerns. making it a more unified america. why are these people bringing up these difficult issues? especially if poor blacks in america that feel that they have no voice.
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we are concerned and we want to build trust between you and the authorities. stuart: we always enjoy having you on the show. good luck. thanks for being here. iran. essentially occupying a large part of iraq. and then there is the fight against isis. we have brad eyer 12:33 p.m. on this program today. victims of isis tell their stories. just listen to this. >> we had no way to escape. they asked us all to stand in the middle of the ditch. put our heads down and stand there. about 25 fighters were
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surrounding us. and then they started shooting at us. ♪
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stuart: a down day this friday morning. general motors stock by the way, they are recalling chevy volts over a vehicle idling report. they were supposed to sell a whole lot or then have. gm will replace the software that chuck down the engine. gm at 38. one of the good guy hackers said on this program yesterday he would like to have a crack at hillary clinton's e-mail server. what they found was not good. joining us now from washington. julian you worked at the white house. do these hackers what they are
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telling us is that server could have been wracked could have been hacked by virtually any foreign person. >> it looks like that is true. it is a national security issue. two main concerns with her e-mail. the electronic security of her e-mail a? that is the question the state department really needs to answer. >> we are in a situation right now where all of hillary clinton's respondents could have been read in real time by a foreign power. china could have been reading every e-mail she put out. that is possible.
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is it not? >> it is. it is a commonly accepted principle. we have an order of descending security and then.com addresses. this idea that secretary clinton's e-mail was more secure than the government's e-mail system is dubious at best. stuart: i think in the future we will see this scandal dismissed. like the monica lewinsky scandal. it was just sex. i think that this will be just e-mail. i do not do that we should dismiss it like that. not at all. when you were working in the white house what was your e-mail status in terms of security? >> i was given access to to
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computer systems. each with their own accompanying e-mail address. another question i really comes to mind, the issue here is how did hillary clinton electronically correspond with her staff her colleagues and embassies and constant wind. i do not know how she was able to communicate with them. >> did you have to jump through hoops? >> there is quite a long and their own background security clearance process. conduct it by the intelligence community. it takes a long time. i do not know what secretary clinton's status was.
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she also had a top-secret security clearance. just because she had one does not mean that she automatically handles that material in the appropriate manner. stuart: talking about the security of the physical appliance. could that have been serviced by some outsider? that again is a possibility. >> absolutely. we are getting new information. claims that her server was set up and running connect it to the internet. we now think that the server was based in manhattan. >> think you very much for bringing this to our attention. this story is getting old.
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it does not have legs. ignore it. move on. julian thank you very much. time is money. let's get on with it this friday morning. president obama and jimmy kimmel appealing to bolan deals. doing a segment called the tweets. he reads critical comments about himself that were posted on twitter. talking about cool. who is into is not geared an effort to ban first class flights using taxpayer dollars. the cost of a wedding going way up. $35,000 on average. have i mentioned that i have three unmarried young dollars. fake irs agents targeting more than 3000 people.
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they call you. they threaten you. they say pay up or go to jail. we have the story for you next. ♪
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soft way down, $40 a share. microsoft went public at $21 a share, bill gates made $350 million. he was 40 years old. i am a shareholder. i wasn't back then. microsoft is down today because there was a bad forecast about pc sales in the future, kazakhs's business, down she goes. oil two month low big drop coming. scott shellady says it won't be a plunge but it will come down. what did we get from the international energy agency? >> u.s. supply looks to push prices down. stuart: 459 getting lower because of american production. fake irs agents, targeted
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366,000 people, nationwide scam. taxpayers lost $15 million. this actually happened to two people on our production team. the person on the phone claimed he was from the treasury department threatened her that you better pay up or you will go to jail. minimum six months. really nasty. they tried to intimidate us. it didn't work, they hung up. no loss there but a nasty experience. these people are praying on our fear of the irs. >> if the tax code were simpler it would be much harder to defraud somebody because of the tax fraud was 33 or four pages long and took half an hour to allow you would know of someone said you a $2,000 that was wrong. stuart: will we ever get to the date? >> we will push that rock up the
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hill bridge a happen, we hope. stuart: you are young enough to see it happening your lifetime, i am not. the horrors of isis. islamic terror. bret baier adds new documentary and a holy war tonight at 10:00 eastern. stories from victims who were taken hostage. listen to this. >> the buyers that ask them to remove their scarves they would check their hair and their teeth and ask their age and if they hadn't had children they would be taken as wives. those that were sick or not in a good situation would be taken as servants. ♪ hi, tom. hey, how's the college visit? you remembered.
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it's good. does it make the short list? you remembered that too. yea, i'm afraid so. knowing our clients personally is what we do. it's okay. this is what we've been planning for. thanks, bye. and with over 13,000 financial advisors we do it a lot. it's why edward jones is the big company that doesn't act that way.
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stuart: this is the low for the day on the stock market. dow industrials off 230 points. earlier this morning, got a report that producer prices wholesale prices were falling. that raises the threat of deflationary. that is the problem in europe and japan. are we importing it here? ed deflationary environment, stocks do not do well. we are down 236.
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look at the price of oil, another big moving market, we are down to $45 a barrel, got a report from the international energy agency, as they say a strong u.s. production will push prices down some more. if you are at $45 a barrel, the low over the past year was 42. if we are going to push prices down some more we will get maybe to $40 a barrel, maybe lower. scott shellady said 38. if that happens you will see the price of gasoline go way down from where it is. $2.44 on national average, it will go down from there if oil continues to drop. two items on the issue of terror. last weekend boca raton pledged allegiance to isis. today isis accepted. iran now occupying a large chunk of iraqi territory. the fighting in tikrit continues.
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iraqi forces under an iranian general continued to gain ground. bret baier is with us. before we get your special on a isis deal with this expansion of iranian power. that is not what the american administration wanted surely. >> that is a good question. does the administration want that or not? the iranian militia are fighting battles many thought the u.s. iraqi forces were going to have to fight so in one case they are doing tough stuff on the grounds preventing the u.s. from having to put any troops iran clearly has expansionist goals if you look at damascus, and inside iraq. at first was money and control over that leadership. now it is people on the ground and we will see where it goes.
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stuart: this is a huge shift. if our government is accommodating an expansion of iranian power throughout the middle east and maybe accommodating eventually and nuclear weapon held by the iranians, that is a huge shift in our approach to foreign policy, approach to power in the middle east. >> clearly not preventing that expansion. as it comes to a nuclear weapon the administration believes the deal whatever it is will delay iran's ability to get one. we have many people in the u.s. or israel who don't agree thinking it will continue. you look at iran, talk to people in the region and they say iran is the biggest threat for the expansion and its power. stuart: i want to get your special, and holy war:the march of isis on fox news at 10:00 eastern time. would you tell us about the
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power of isis, the sheer terror is instilling? that is the nature of your documentary. >> it is. people have seen these clips, hopefully they have not seen the whole video, the be headings and burning of the jordanian pilot. you can and see that kind of stuff. this special is different. it takes a look at isis from the ground. reporter benjamin hall spent a lot of time there in the villages and towns where isis cut a swath across iraq and syria and going in there to see what it does to those families, real people, separated, some fathers and brothers killed shot, mothers and daughters sold to slavery. sex slavery in syria. it is unbelievable, when you see it, this will in all the hour, put it in a framework you haven't seen before. stuart: sounds absolutely terrifying but stuff we have not seen before, something we don't
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appreciate or understand until we see it from the ground. >> the sterilized nature to these foreign policy issues, we see it on the internet we see people talking about it. these are real people, real families and real stories. stuart: tell us what time tonight? >> 10:00 p.m. eastern on fox news channel, and holy war:the march of isis airs again 10:00 p.m. saturday, and 8:00 p.m. sunday. despite the technical glitches. you help yourself when things went wrong. >> the london, i don't know. stuart: bret baier, see you later. another check of the big board, the low of the day, now we are down 253 points.
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strong sales forecast from that restaurant chain, what is it? it is a winner today up 11% at 26 strong demand for its cosmetics and demand for my family and record high of 156 earlier in, known 148. in case you missed it here is another story we are following. the average price of a wedding going straight up according to a new survey from the wedding website average $31,000 for the big day, and 4% from last year. how is this possible? lauren simonetti. >> everyone wants to do things different you have three daughters, three and married daughters, 43% of the time the bride's dad haze so you have a good 90,000 plus. is going up because couples of trying to have different weddings. they want unconventional locations and the like.
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the other issue is the average gift is $106. when you are throwing a 30 one thousand dollar wedding. stuart: that includes the reception, the venue whether it is church or whatever it is, the address. >> the ring, the catering. stuart: what about the honeymoon? >> not included. when you are booking your honeymoon if you are working with a travel agent tell them it is a trip, not your honeymoon, save some money. stuart: i think 30 one thousand dollars is out of line. i know it is a big day. it is out of line out of black. this is my opinion. i would rather have a down-and on my house. >> people don't care about houses. it is about the experience, millennials don't care to own a home. is not their goal. it is not there near goal, their
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presence goal. you could argue they are getting married. stuart: the number of weddings is coming down but the lavishness of the ms. going up. not a bad story. three unmarried daughters. thank you. after the break disney has an extraordinary lineup coming. cinderella this weekend, frozen ii, another star wars gets a release date, that from a stock that just a lifetime high. landslide in west virginia kicking out how airlines. listen. >> on the bottom! the power line is gone! the power line! the power line!
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and will is down, exxon added to the downside. all these names are down, moving to the lower side. retailers take a look at this. and taylor moving hire for the holiday. aerospatiale under serious pressure, down 17%. much more "varney and company" coming up. if you're running a business legalzoom has your back. over the last 10 years we've helped one million business owners get started. visit legalzoom today for the legal help you need to start and run your business. legalzoom. legal help is here. it's more than the cloud. it's security
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stuart: here is your heartwarming story of the day. stop that. robert downey jr. plays iron man, partnered with the company that makes lower costs prosthetic arms, personally delivered to up especially gunmen, you got to watch this. >> pleasure to meet you. have another bionics expert on hand. thought i would drop by. nice botox, by the way. >> each one looks the same. >> yours may be better than mine. it is the marriage of robotics technology. loved it. don: brings a tear to the
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office. limitless aleutians they can make the prospect for $350. the standard issue prosthetic limb costs $40,000. thank you very much indeed. check the stock price of disney with an all-time high they move the movie screen, they are developing us equal to frozen. cinderella, a live-action film his theater tonight. two new star wars movies over the next couple years. where do you wants to start? >> cinderella is a big deal, it opens up tonight. since 2000 there have been 13 versions of cinderella. it is a big deal because it is disney and continues a strategy of creating live-action movies from animated classics. unlike alice in wonderland this
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movie doesn't have the big-name director and it was made for only $95 million compared to $200 million for the other families. it is a hit and hit 2 other two movies it is not a sequel or unique spin, it is separate from the original animated classic from disney. it opens a new franchise in a new category of movies they can bring to the public. stuart: that new the we are watching now clips from cinderella is suitable for young children. it is a family movie. hold on a second. cinderella out tonight, for kids and their parents, you have got toy story iv coming out in 2017 kids and their parents. what is the other one? stock awards. the other one, what was the other one, frozen ii, kids and parents.
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disney has nailed down every demographic group that goes to the movies. >> this year alone, 2015 movies in terms of expected profit cinderella would not even make the top five. they have avengers, batman, two pixar movies, star wars december 18th, 2015, midnight we will be there. and 2017 another star wars movie and frozen ii investor looking at disney, you are happy. stuart: what is the stock now? closed $90 a share as i recall. come on, $105 a share. i didn't see the actual price, record high. that is amazing and what you just told us is they laid the
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groundwork for future revenue stream with spinoffs galore. would you call the toys and stuff? >> shared universe the whole new cinderella thing and other animated classics, is not an foreseeable to think of cinderella, snow white teaming up to save sinbad. it could happen. they are geniuses when it comes to using one asset to launch another. if you si cinderella's this weekend you will see a shortage frozen -- stuart: what bothers me about modern animated movies, kids love them but the shots change too fast. if you look at cinderella which was made in the 1930s the shots change very gradually. you were taken through the shot. it moves with you. >> man has devolved. we are able to deal with these
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fast-paced movies now. it is reality. stuart: up next. thank you. congress using taxpayer dollars for first-class airline tickets. i have no problem with that whatsoever. my taxpayer dollars, how about you? you have a problem with congress people running around on first-class?
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raise your rates due to your first accident. 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. stuart: one member of congress pushing for a bill to prevent members of congress from flying first class on taxpayers' dime. doesn't bother me but we asked if it bothers you. beat tweeted yes. online time they fly coach. they want an upgrade they can pay for out of their own pocket not mine. jackie rights it bothers me but so does most of what members of
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congress do. this is coming down on one side of the fence on this one. rich edson in d.c. i can't imagine members of congress giving this much support. >> this isn't going anywhere but i want to rewinds this. you have no problem with this. stuart: i don't want to see a united states senator or congressman member of the house sitting in rows 37 middle seat. i have respect for the office. if they fly first class that is fine nothing wrong with that. >> i would say if you are going back your district as much as these folks go home you better have status on an airline where you can buy a coach ticket and get updated to first class anyway which is largely what happened. i would imagine. stuart: it is not a reward. is an acknowledgment of the significance of the office. even if we don't respect all that they do i say show it
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respect. for example do we objected president obama spending $3 million on travel just to get to hawaii and back for his christmas vacation? i don't. he is the president of the united states. get on with it. rich: every member has an office budget and they can spend on travel how they see fit. so there are plenty of folks in congress who would criticize this quietly and say it is a political stunt, a way to say if you vote against this bill next time you run for reelection that it is a way for folks to say they voted against taking away first-class travel. on the other hand plenty of folks they wouldn't even say that much money in the federal budget it is just something that as members of congress they should say the american people are paying salaries, they should take the hit and fly coach. stuart: i am mild be placated. thanks very much.
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ten seconds to express your opinion. >> we should be transparent about it. we have social media, take photographs of these guys and let the voters decided they want to like the guy who is flying first-class? financial is. stuart: some like the death -- the best disinfectant. and we have herbal life rallying on news that the fed may be going after a billionaire investor who bet against the stock saying it would go down. it is up 13%. this is why the little guy doesn't trust wall street. we have that story at noon. plus of former state department official to weigh in on the vladimir putin, where is the russian president, still hasn't surfaced. our two is two minutes away.
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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.
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stuart: many people think the stock market is rigged to. they are hostile to wall street don't trust it. we have the case today it
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encourages distressed, encourages the feeling that the little guy does not get a fair shake. bill ackman is the billionaire activist investor. three years ago he stated publicly the stock of one particular company would sink to zero. it was over wife, a food products company distributed 3 chains of local sellers. recalled in a pyramid scheme and the stock took a huge hit and so did all those individual investors who had invested in the company they knew and liked. i am not passing legal judgment here. the fbi is talking to some people who talked the stock down. i don't know if that is legal not. i think they don't know. what i am saying is this will only encourage the view that the system is stacked against the little guy. if billionaires' can make a bet against a company, then talk it down to make a large profit, the man on the street investors smells a rat. your she is royally and light
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and they have lost their shirts to boot. the stock went back up when other billionaire started buying it. in the last year it lost half its value. the end result is the same. little guy walks away with a bitter taste. if you stay away from stocks because you thought wall street was rigged you walked away from one of the biggest rallies in history. you walk away from really big money. what a shame. ♪ that is called a sell-off. dow industrial average 111%, 2 and the points lower, threat of deflation wholesale prices are falling, not good for stocks. another market is moving. we are down $45 a barrel, that would be a two month low that
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price go lower still, the iea is saying strong american production will push the stock, the oil price down some more. the price of gasoline still holding 244. the price of gasoline it will go down. and bill ackman beat against the stock. charlie gasparino as you. point number one. this is one of the reasons people don't trust wall street, the little guy gets trampled? >> they look at it as a game. we should point out we at fox business our first report the company was plotting the fbi to some securities and exchange commission to stock manipulation case against bill ackman, it somehow doing illegal stuff to push stocks down to make a lot
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of money. donate profits to charity when he takes some. since that time the journal came out with a story the fbi is talking to people, i would say it this. bill ackman doesn't really like me. why doesn'tme? up and garlic around because he doesn't like me because i report the positive stuff about him or negative stuff about this stock which is positive for him and the other side including manipulation. he has done some i would say when you look at it controversial things involving stock. he basically paid off a whistle-blower. nothing necessarily illegal about that. whistle-blowers that went to regulators to try to get a charge out against herbal light that is a pyramid scheme. he has given money which lobbied, used to be a
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congressman who lost lead the ftc to launch in investigation and he used a lot of research to do that. he is also trying to commission a documentary with connie chung was going to be the host and then it happened, she backed out. he said some controversial things. stock manipulation very difficult to prove. the thing about the little guy is key. the little guy is going out trying to get connie chung to do something paying off whistle-blower, doing all this stuff, not saying it is illegal or even wrong, maybe this is a pyramid scheme but it looks at it and they say what a game is going on. stuart: here is what i would say would be wrong, a wrong thing to do, maybe unethical not illegal but the wrong thing to do. if you placed that big bet privately that that stock is going down, all private, all secret, then you go out in
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public and talk the stock down that to me is unethical. >> to play devil's advocate he's doing a circus to investors because it is a pyramid scheme meaning at some point they will run out of distributors and the stock will fall so he is alerting the public of a problem. i would say this to bill ackman and everybody else, this is a company that employs people. driving it to zero, you look to destroy a company that employs people that is a heady thing to do. that is what you wants to do. stuart: charlie gasparino, you nailed it first-time around. next hour dierdre bolton talks to the man himself pershing square chairman bill ackman, that is coming up at risk and reward at 1:00 p.m. eastern on the fox business network. back to president obama and jimmy kimmel last night reading mean wes about himself. was this. >> obamaappears looking great these days. can't imagine why since he
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doesn't seem to be one bit worried about all that is going on. course light is $23 now in some spots. thanks, obama. stuart: congressman michael veiny is with us. when the president does that reads mean tweets someone my age may say what is the president of the united states doing things like that but a lot of young people say the president is cool, those democrats are cool, republicans in contrast come across as old -- you take my point? the president by doing that, grabs the young voter and get their attention. are you doing the same thing? >> most of us are. i am stern there are fuddy-duddies in both parties. most of us do tweet. i did a facebook town hall. we could arrange between 7 to
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12,000 people in an hour using facebook. stuart: do you know what i mean? it is image. the president has that youthful image. it goes to usetube, he tweets amigos son jimmy kimmel reads been tweets about himself. that is what social network is lighting up about today. >> that is the presidency. you don't get the speaker of the house or the chairman of some committee invited and jimmy kimmel at night. that is the beauty of being the president and the advantage of being the party in power. i hear what you are saying. we all do it. we use the new media, lindsey graham does, he never sent any male in his life. certain that is the outline. stuart: this feeds into the argument that both parties want a new face. they want new. they don't want a member of a political dynasty. >> there is that. mr. bush is going to have to
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deal with that. we have had tremendous turnout for some new faces. rand paul came here over the summer and out of the 400 people that weren't there more than half had never been to a political event before in their lives. their were young people african-americans, hispanics folks who were democrats looking for something new. i think the republicans have something more to offers and things that were retread in the past. stuart: i am told you were not happy about our discussion about members of congress flying or not flying first class. what upset you? >> there are enough reasons not to like us that are real. that is not one of them. it is already against the rules. we can't do that. i have no idea what congressman gramm is trying to do other than grandstand and prepare for next election but it is already against the rules. if you see it is in first is for the same reason most people are which is we fly every single week and get bumped up like all business travelers do but it is
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against the rules already for us to spend taxpayer money on first class. stuart: what do you think of my opinion which is honored the office, congressman senator, like i said before i don't want to see you crept into the middle seat of rose 37 repay $0.25 to go to the bathroom. i don't want to see that. i want to see you guys up front. we elective you. you are people of power, importance and status and i have no problem paying for that. our viewers are totally opposed to me but i hope you are on my side. >> to your point about the president i don't fault the president for going on vacation or spending time with his family. we all need to do that more. i fault him for doing it in such a lavish fashion. people don't like congress. they don't like the government and every time we do things that seem to be out of step we make that worse. we need to be aware of the fact that our public image is bad and it doesn't hurt us to sit in there every now and then.
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my producer said in my ear that is the british in you. always wanting to join the upper-classes. what do you make of that? >> most of us don't fall very far. i have sympathy to anyone who flies from a wide. i have a 50 minute flight from charlotte, n.c. washington d.c.. it is business. we travel for business like a lot of men and women do. nothing wrong with us doing exactly the same thing they do. stuart: thank you very much for addressing an issue which you were not expecting to address and you did very well. thank you. in case you missed it lauren simonetti has more on the story we are following today. >> i have got the headlines. alex trebek staying to sign a new contract that takes him through 2017-18 season.
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the shows our kids once a week, the salary is huge $10 million more than 10 million people tune in to jeopardy every single day. he is 74 years old. brace yourself for this, not the makers don't have the ingredients but decisions they made 20 years ago when we were drinking wine coolers back in the 1990s. no one imagined we would love bourbon today. the did not put enough aside a properly. the good whiskey can take years or decades to age. the skyrocketing cost 30 one thousand $213, has gone up 4.5% in the past year but the average gift is not. it is $106. just $106. stuart: i am a jeopardy viewer. it comes right after jeopardy -- i find as i get older i can and serve your and your questions. >> i thought you'd city opposite do
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>> alex trebek is 74. >> there's talk about retiring. anderson cooper, matt lauer, a bunch of guys said it is a nice big so much visibility. take the will week in one day. you get $10 million for working once a week. stuart: like the guy who does -- nicole: who replaces him when he isn't working any more. stuart: just do reruns. for $10 million on would do that. thank you very much. here is what we have the rest of this hour. ultrasound technology will treat alzheimer's in mice. it is being called a breakthrough. how it works and if it will work on humans 12:50 this program. where in the world is vladimir putin? he has been missing for days. no explanation has been offered. what is going on here? we would investigate. later this hour more protests in ferguson overnight. the situation is tense the day after two police men were shot. we discuss in a divided nation,
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stuart: lumber liquidators defended its flooring against safety allegations which were aired on 60 minutes. 60 minutes taking down the country and they succeeded. >> that was 1-sided. use of this company do something not just dishonest but illegal. if that was true that stock would be in half at this point. it would not be trading where it is. there have got to be a lot of things in that story that are not true. or this guy is the world's greatest liar which i don't believe he is. stuart: you wouldn't touch a stock like that. wealthy people, you wouldn't touch a stock like that. >> no hedge fund, no one is going to touch that because there's a smell around it and a lot of other choices for people taking money away from it.
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stuart: would you draw a parallel between limber liquidators and herbal life? >> no question about it. there are so many choices a 18,000 choices, why focus on one of those two? "imus in the morning" when you have got to bear with me another 45 minutes. let's get to vladimir putin, not seen in public for more than a week. rumors he may be sick, maybe dead even depose a. russian state tv tried to dispel these rumors and released this video allegedly showing vladimir putin meeting with russia's supreme court chairman earlier today. a lot of people skeptical about when that video was shot. real? did it happen today? former state department official this is not just speculation and rumor. it is an important story. generals have been shifted around, he has not been seen in public. some people are dubious about that he showing him today. is a big deal.
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>> it is. is reminiscent of north korea where the dictator disappears for a while. they popped up or they don't popped up. the short answer is very few people outside moscow know what is going on including our $80 billion a year intelligence community. the scary thing is vladimir putin has no heir apparent. nothing shows a clear path to what is going on in russia or what could happen if there is a transition. stuart: there may be some substance here there is something here because all this started right after the assassination next to the kremlin and there has been some shuffling of top generals in russia. there is some substance here this is not just total speculation. >> that is right. that could all be directed by vladimir putin the elimination of an opponent that he has shown he is unable to tolerate any
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liberal opposition and it could be a reshuffling of the deck after a long time in power. i would caution against we have a tendency in the west bush diplomacy and obama/clinton diplomacy to the too much currency in personal relationships or individuals even if vladimir putin goes away we still have a russian government that since 1991 has been morphing into a mafia style government and that will persist even if vladimir putin is no more. stuart: fair point to make. there is a report in the financial times about the white house accusing britain of accommodating china. the british government decided to join a new china lead banks that would rival the world bank. it seems now it seems to america is criticizing again probably our closest ally of the british. what do you make of this? >> i am of two mines. on one hand british quite candidly are panda huggers on a lot of issues. stuart: panda huggers and a lot
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of issues? >> i highly technical term, people too close to the chinese government uzi's things like beijing and have been since they gave away hong kong. i don't know what they think they're getting. the chinese don't do economic development like washington and london. they do it to advance their political position when buying in africa or things like that. the notion there is going to be broad development. the worry that this will compete with the world bank would be terrific. if china and britain wants to recreate the world bank we can get out and save our money. is more tempest in a teapot. the bigger price of london is spending too little on its defense especially at a time when the russian bear is reawakening. stuart: the british spend more on defense than any european country with the possible exception of france, the only real fighting force in europe. am i right in that? >> you are right. c-span 2% of gdp, a lot less than we do. we are a little over four.
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they are traditionally quite strong on this. you see the atrophy in the navy and army. stuart: enough of the panda huggers. you can come back on this show but let's not get pejorative. apart from that you are okay. we will see you again soon. one stock picker says shares of tesla could shoot to $1,900 but he did hedge his bets. he said as much could be cut in half as well. what kind of forecast is that may i ask? we will deal with it next. la
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jonas. the only one we cover whose stock price realistically multiplied by 10. but then jonas made the case for the stock being cut in half. ed butowksi is here. don't know what to make of this this is crazy stuff. >> morgan stanley is a credible firm is the research is terrific. this man put it on video. this should never have gone public and morgan stanley is having to sit down with him now. stuart: this was not in an official published report but off the cuff video clip. >> internal click. it shouldn't have been published because there's nothing material to support that. morgan stanley hires great people put out good calls this is ambitious at best but more importantly this is where this gentleman will have a problem. this is a wall between investment banking and research. this just smells of a problem because morgan stanley does investment banking firm tesla. stuart: they have a vested
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interest in stock going up because they are one of tesla's investment bankers. >> we can't say they are promoting it but you can't say are not. that is the problem morgan stanley has. stuart: i remember this from the 1990s when the investment bank that will take dead dot.com public, this was a knockout dot.com and it went straight up and straight down and the investment bank was left with a all over his face. >> one analyst came out and said stock was going to go to a level that was representative of the entire industry. it was improbable. investment bankers need to make the ball more solid between research. stuart: would you buy to add $180 a share? >> noaa wouldn't. i don't like to as low. i look at the cars and can't even sit in them because i am a little wide. stuart: state fair. more protests in ferguson last
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night after two police officers were shot this week. some of those protesters said the cops got what they deserve. we are going to deal with that. 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.
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stuart: i hate to bring this to you on a friday at lunchtime. we are down 200 points. fears of deflation. that will be bad for stocks. sheffield. being recalled. there may be a problem with carbon monoxide. that is not good. look at this. 4513 for oil. prices will fall more because we are on the verge of going to 44 for crude oil. gas prices come down again.
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bill ackman has bet against the stock. here is what charlie gasparino said at the top of the hour. >> controversial things involving the stock. he has basically paid off a whistleblower. trying to get a charge out. stuart: john layfield. come on in. this is why people do not trust wall street. what say you? >> i do not think that they should trust wall street. i think it makes perfect sense.
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to prove market manipulation will be next to impossible. when they short a stock to make money off of that, the small investor i have been on both sides of this. you also have billionaire investors that are along the stock spending billions of dollars also. whether it is called manipulation or not that is what it is. it causes you to lose money. the market is not favored to these guys. stuart: it is all about disney. cinderella out tonight. frozen to. would you buy disney's stock?
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>> no. only because it is near an all-time high. the ceo may be underpaid. since he has come in, it is all about content. he also got pixar. frozen came out with one point read billion dollars. it is coming out later in the year. he is doing everything right as far as content. occupy wall street. they will be outside demonstrating any time now. get back to that beach. get out of here. let's get back to ferguson.
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the night after two police officers were shot. fox news spoke with two of those protesters. listen to this. >> i think that it was a complete set up. i think they operate just like the kkk. i think they made themselves out to look like victims. stuart: what do you make of this? i will give you my take just from the start. president obamacare and eric holder by their actions over recent years have pulled america apart. >> i will not argue with you on that.
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that was asserted and stated. this president was it a largely because of the speech that he gave back in 2004. a pretty phenomenal speech. a precedent that could finally be about the partisan division. finally closing the chapter on the race politics. i call it the sharpen my station of america. quite contrary to what most of the american people that elected him thought he could do. stuart: let's hear exactly what president obama said about the protesters protesting last
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night. >> some very legitimate grievances. he said the protesters had very legitimate grievances. what do you make of that? >> you know that i went to ferguson. we met with the now ex- police chief. we also met with black officials and black-and-white community leaders. what we found across the board there was an artificial tension that had been created between the police and the community. the police had been turned into tax: there's. these guys do not want to be doing that. that created the artificial friction. the president last night first of all the timing of the
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president's remarks were wrong. the timing in which he made those remarks were wrong. when trayvon martin issues spiked he went to the lawn of the white house. ferguson he went before the united nations. last night's the president tweets out some very bland statement & sit po as he is trying to be some kind of cool rapper. then he gets on the jimmy kimmel show to show outrage. wrong virtually on every racial issue since his presidency. stuart: i think that there is a great yearning across america.
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somehow or another we are one nation and we should not be defied it on racial grounds or racial lines at all. >> absolutely. absolutely. the politicians in washington, they do not represent the american people. no other country in the history of the world has gone through so much change and to where we are as a people. we are in much better shape than the politicians that serve them, were are supposed to serve them. stuart: thank you for joining us. hillary clinton. no stranger to controversy. how did hillary deal with that scandal? >> i opted for convenience to
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use my personal e-mail account. i thought it would be easier to carry just one device for my work and personal e-mails instead of two. >> what difference, at this point, does it make? ♪ 's
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nicole: i am the coal petallides with your fox business brief. we are saying selling across
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board. 193 points. the s&p 500 at 2048. the nasdaq down 46. you are seeing financials under pressure. citigroup, 6365. intel, forecasted revenue to be weaker. that stock right now is down half of a percent. l pouliot loco. stocks up 13%. mexican chain restaurant. more on varney and come to the coming up. ♪ dance, we're here to help you turn your dream into a reality. 's
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so what about that stock? sure thing, right? actually, knowing the kind of risk that you're comfortable with i'd steer clear. really? really. straight talk.
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now based on your strategy i do have some other thoughts... multiplied by 13,000 financial advisors it's a big deal. and it's how edward jones makes sense of investing. stuart: the clinton and e-mail scandal. welcome to the program. >> good to be with you. you tell directly with hillary clinton in. how did she handle herself? what was her approach to you? >> deny deny deny. they played things, obviously on circumstances.
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the rose law firm building records as you may recall were ultimately discovered, supposedly on the third floor of the white house. do you think that she established a pattern of behavior back then? do you recognize that passive behavior now that you are dealing with the e-mail scandal? >> the testimony that she had provided was false. it was an open question as to whether or not it was knowingly false to constitute perjury. that raises the reasonable question now she was not
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telling the truth then. stuart: you are being diplomatic. you are saying that her statements were false. would you say that? >> do i have sufficient evidence to prove to a jury? that is my only role. i do not make judgments. >> and you can't say that. >> about what i have already previously said in the previous report. stuart: whitewater was eventually forgot to. >> nothing is entirely forgot to. that is why this presents some important concerns.
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people are raising legitimate questions. hillary clinton has a track record with regard to responding in the nature of collect the relevant evidence. people are understandably skeptical about that for a good reason. robert gray, you were the prosecutor. thank you for joining us. can the republicans capitalize on the e-mail scandal? looks to me like this is a golden opportunity for the gop to capitalize on another clinton scandal. >> the difference with this scandal in the previous scandals and i do agree that they are linked, but the
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difference with this scandal is this special investigation is about the death of an ambassador. these are serious questions. they want answers. they want to know that we have a plan. as it just shows that for some reason it will reclaim can was being irresponsible. reckless. she did not want people to see the full record. >> what you need is those e-mails that were supposedly delete it. >> i think that it is irresponsible and reckless. it is absolutely irresponsible. stuart: it does not designate
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out there. >> there are four dead americans. this is not just a real estate deal. what was our policy on september september 11? is the secretary of state the forthcoming with what she do? stuart: a legalistic approach. it takes an awful lot of time. >> national security will be essential to the presidential campaign. she wants to be the president of the united states. she cannot escape these questions. stuart: thank you very much in need. a medical breakthrough. how close are we to using these things on humans and getting
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some results? you will want to hear this. ♪
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mice. using ultrasound to blast the plaque off the parades of those mice. is this a legitimate treatment in human? blast the plaque off of the brains of mice. >> and makes it easier for your body to fight the plaque. if you take all of the trash out if you take it out things will look normal and cleaned and neat. stuart: does it actually do this? >> and it makes it easier for the mouse body to get rid of it. >> a temporary reprieve.
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>> they have to do safety studies first. i think that that may take a while. i think it is possible. i think that there are second potential benefits. the reason that our drugs right now with alzheimer's are not working is they cannot get past the flood into the brain. it kind of relaxes that and allows them in. and they also allow other drugs and to work on all divers. a new app claims it can cut your babies crying by 50%. are you buying this? i am not. >> i think that it is like tv or other things.
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it may slow down their social development. >> i like tv. i think it can be useful for short periods. they are not interact with other humans. >> a very good question asked during the break. how do you know that the mice have all divers. >> you do not know for sure. that is a good question. modifying their genetics. that does not mean that they have the same behavior that humans with alzheimer's would have. they forget, eventually, how to eat. how to move.
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>> a wonderful movie. very serious subject. good stuff. more varney in just one minute. ♪
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>> was said. most of us do not fly that far. she is on a 10 hour flight. i have a 50 minute flight. it is business. we travel for business just like a lot of men and women do. >> exactly. one last word before we close out from an tau ski on herbalife. >> what is happening here in the press is bad for all.
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what did happened recently is earnings came out and they actually were bad. that is what the stop arcade is about. here is your drill poked and. deirdre: thank you so much. we have a big show. billionaire activist investor by special guest. the capital ceo says it is a fraudulent company a pyramid scheme and he will not close his bed against the company until the stock is closed out. potential stock manipulation. prosecutors are interviewing

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