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tv   MONEY With Melissa Francis  FOX Business  April 20, 2015 2:00pm-3:01pm EDT

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elissa covering all in the middle east. we turn things over to her. melissa francis and "money" starting now. melissa: thank you so much. stocks are flying today. major averages up more than 1% as earnings beat the street. china promises more stimulus. a new book, not even out until next month? already raising questions about hillary clinton's chances for the white house? the california drought made worse by the environmentalists misguided policies, zapping the state of water. this guy, that guy right there that is the precious delta smelt. you didn't recognize the delta smelt? that's him. >> looks like a bedbug. melissa: empty shelves and and the target backlash because the lilly pull sitter items show up on ebay at double and triple the price. because even when they say it's not it is always about money.
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six more arrests on u.s. soil all young men determined to join isis overseas. two in minnesota, four in san diego, each somali-americans, 21 years old and under. their contact was not a master recruiter but a friend who successfully left minnesota to fight along isis in syria. >> they were not confused young men. they were not easily influenced. these are focused men who are intent on joining a terrorist organization by any means possible. whoo that case shows is that the person radicalizing your son, your brother your friend, may not be a stringer -- stranger. is may be their best friend right here in town. melissa: here with me now, our very own charlie gasparino todd lonski and todd starnes.
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i talk with people in the tech industry they say they're eager to cooperate with authorities to monitor this type of thing. the government is so disjointed where you go, and could be working closer together. that is really the thing that unifies all the different groups and all the people we're looking for is the internet. >> that is the thing going back to 9/11, this idea you didn't have government agencies working together. that has been the big problem. look that press conference today i had a chance to watch it, was very sobering. we heard the u.s. attorney, that minnesota has a islamic radical problem. that is a very scary thing. when you think about what is happening overseas, with the latest round of killings the idea that that could very well happen here in this country, and that there are many soft targets, churches, for example, and you've got who knows how many islamic radicals that, living here in the united states, very sobering words today from the u.s. attorney. >> you know i just wonder were these homegrown terrorists from
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somalia, coming here? did they slip through the immigration cracks? i've always been an advocate of immigration, more open borders the better, but i think at some point here we really have to relook at our policies. we're letting people from countries into this country with where there is -- melissa: fbi said they were somali-americans, that statement in of itself doesn't mean anything. they could be from somali yaw. >> one of the interesting things in the france and netherlands you have huge immigration from these countries. never a simulating into the main into the common core so to speak. and you have a problem. melissa: yeah. >> sounds like that is what we're getting. melissa: john, i want to ask you about markets reversing course after friday's steep drop and china incents growth with earnings coming out ahead. looking back at the growing threat after greek default. the friday bailout time to get
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cash is becoming unrealistic. the finance minister is talking tough. that would lead to inevitable contagion across the eurozone. is it perillous as that. >> no, not so far. widening corporate bond spreads in europe. european stocks are higher today. reality right now, if you want to mature so thousand of greek government debt you have to pay $4400 for a premium. that is incredible. whereas that premium for spanish or italian government debt is just over $100. 170 bucks from portugal. >> right. >> i don't think that a collapse of greece necessarily dooms the euro or has this very powerful contagion effect. >> i agree, i tend to agree with that. reminds me of detroit going belly-up last year or whenever it was. everybody, everybody was saying this just proves that meredith whitney the bank analyst said there were millions of dollars
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municipal bonds default. would come in. melissa: a lost countries are not working out. greece get out of the it don't pay the bills. >> we've been talking about greece for how many years? i think it is isolated. >> right now the spread on the investment grade bonds is -- melissa: economy is slow for a reason. has to do with those with these countries no question. >> i think greece is a special basket case. melissa: we have to move on. half a billion dollars on the table as morgan stanley seeks to settle claims stemming from the financial crisis. "wall street journal" reports that the bank is in discussions with new york attorney general eric schneiderman to pay up to $500 million. it would settle allegations misled comments with bonds tied to subprime mortgages. talk about something we can't believe there is something we're talking about. more hanging over morgan stanley at this point? >> jpmorgan was the first one targeted, mainly because it took over bear stearns and
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bear stearns was the guilty party what they did. i'm sure there is good civil case here. the question at some point, you know, when is it going to be not be fashionable to go back in time constantly and attack these banks for what happened in the past? at some point you got to say, you know, enough's enough. we beat the hell out of them for all this time. melissa: john? >> you don't want to forget also the reality years ago when the federal government pushed banks into making these high-risk loans. >> right. >> to these impoverished areas. it went on and never stopped. mistake on parts of banks and other. >> morgan stanley didn't make the loan. what they did was package them and sell them to investors. but that was part of the process. that was -- melissa: there is plenty of guilt to go around. todd starnes, it's a political thing. very much about -- >> that is why charlie, i don't think it will go away. they will still be the whipping boys on the campaign trail especially with the democrats. so we'll have to see how that he plays out. >> wall street is saying hillary
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will talk a tough game. if she ever gets in there, like back to 1990s. melissa: 14 months after the big announcement and finally some face time. comcast and time warner cable are set to sit down with doj officials for the first time this week to try to salvage the $45 billion merger. will it be salvaged savaged, either one of those two? >> i would say this, my first reaction this is a dance they do with the government. there is so much riding on this brian roberts comcast, today zillion dollars in lobbying money and cam contributions to the obama administration. i tweeted that out. i got calls from banking source very good guys involved in these types of deals. you don't understand the animal known as obama justice department antitrust division. they believe, the betting on wall street this deal will not happen. if that is the case, i will say this, it will stop a lot of other m&a action this year.
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it will prevent a lost telecom m&a but could definitely stop others any sort thing close to transformational, which this is insane. what would stop it? i think big thing would stop it too many conditions, comcasts that to jump through, we have problems at nbc universal. we have lousiest customer service in the world. we'll fix that and we can't deal with the this right now. >> from a layperson's perspective, and a customer of one of those cable things i think great fear is you have a merged company that is twice as bad as far as cable. melissa: john? >> let's not forget about the power of technological change to render this entire matter moot over time. melissa: great point. >> we had ibm, couple of decades ago, justice department chasing ibm. ibm is a shadow of its former self because of changes in technology. melissa: right. >> prior to that, believe it or not, justice used to chase general motors. >> right. >> before general motors lost
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market share and went bankrupt. melissa: back seat to bmw latest invention. bmw is dustings off driving goggles from century ago and showing off smarter version of mini augmented vision. that is sexy. the goggles can project speed warners and directions all while you keep your eyes on the road. he looks pretty cool. todd starnes, would you put those on and get behind the wheel? >> i can't even wear skinny jeans like all the other people in the studio much less those. melissa: john. >> baby boomers losing eyesight. this is great idea. melissa: wear glasses and look cool. charlie gasparino? >> i pass. melissa: not even interested? >> not interested. melissa: every party has a pooper. this time hbo. the network drawing a legal sword i love this one, against a brooklyn bar, forcing it to end weekly viewings of the hit show, "game of thrones," that cost assume fans have been watching there for two years.
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costume fans. they sent the bar a letter, cease and desist. can't do this any longer. this is pay service and essentially broadcasting it. how long have bars made their bread and butter, we're showing fight on pay tv. come in, buy a beer, buy a drink spend the night. now hbo? they're so petty they will go over to brooklyn, give them a letter? >> i think what this gets into, the bigger story here is the technological change you talked about that is affecting all these sort of companies. think of it this way. comcast has to worry about people cutting the cord, no longer worrying about cable, doing stuff like buying hbo direct. hbo has to worry about if we don't have relationship with comcast anymore, how do we get more subs more people to watch our show? that is what you got here. that is the bigger story. they are acting like jerks, i agree but the underlying competitive story is really what is going on here. >> this is my neighborhood that makes sense. i didn't realize that was going
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on. i saw odd people walking down the street. melissa: you thought they were just your neighbors. there you go. thanks guys. show them the money. 2016 race is just beginning. one gop contender is already bringing in big, big money. which of these guys do you think it is? tim tebow might receive brotherly love. the quarterback is set to return to the game. more "money" coming up. ♪
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do not drink alcohol in excess. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, get medical help right away for an erection lasting more than four hours. if you have any sudden decrease or loss in hearing or vision or any symptoms of an allergic reaction stop taking cialis and get medical help right away. why pause the moment? ask your doctor about cialis for daily use. for a free 30-tablet trial go to cialis.com melissa: highly anticipated book alleges that the foreign governments received favors in turn of funding clinton machine. clinton cash is not due out until may fifth. has team clinton scrambling for answers. here brad blakeman, former senior advisor to president george w. bush. todd starnes is back as well. brad, let me start with you because there has always been so many questions surrounding the clintons and money. whether the taking of money has
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been ethical on their part. what other people expected or gotten in return, it feels like it never gets any traction. is this different? >> oh, it is much different. now that hillary clinton committed herself to running for president. she sunday scrutiny. he she is only one in the race. all eggs are in one basket. whether there is impropriety i don't know but there is enough in book by well-researched writer dealing chapter and verse. impropriety of appearance of giving money to the clintons on quid pro quo when she was secretary of state, i think this is very damaging. i also believe this could also end her run. melissa: when it came to the foundation there was always the scent of something going on there but speeches, what needed to happen reporter spent all of their time digging into the details had to connect the dots and come up with on this date they received this money and went to the clintons and decision was made late they are way seems to be in the interest
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of this foreign government or foreign entity, rather than in the best interests of the united states citizens. todd starnes, they seem to get done on some things. talking about some things around haiti colombia keystone xl pipeline. bill clinton getting a million dollars from somebody who was on the board there as the decision was going through the state department. do you think it is enough, todd. >> absolutely. agree wholeheartedly with brad here, this could be a very, very damaging book. here is one of the reasons why. early bellwether "the new york times" article yesterday. "new york times" said this is very well-researched book. entire year they spent, collecting the information, the data. but beyond that they're saying that major news outlets are going to start covering some of the issues in this book. that seems to dismiss this argument from the clinton camp that this is some sort after conservative attack by some sort after conservative author. melissa: that is the way they battle back right brad? can they be successful doing that. they try to make connections between the author and the
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right? >> mrs. clinton tried the vast right-wing conspiracy before and it didn't work. there is no vast right-wing conspiracy. the fact is this book was not funded by the right. it is an independent book by a well-respected researcher and author. the book has legs. why? because he spent a year connecting the dots. whether there is actual impropriety or not i don't know but certainly there is appearance and appearance could be enough. melissa: thanks to both of you. 2016 just not about clinton scandals. we have stiff competition at the top of the republican field. here with the 2016 power index, chris stirewalt. he is fox news digital politics editor. so has moved up, who has moved down? tell us about this week's list? >> how about a little chris christie for you, tri-state resident. chris christie who had underperformed all expectations for as long, almost as he had been running for president, his mode felt like it was 2012,
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remember chris christie made early and large investment in new hampshire. he has developed deep ties with politicians there. he was there a lot as rga chairman. that gives him two spot bump in the power index. he moves up because new hampshire could be enough to keep him in this game. he could stay at table if only new hampshire will decide do for him what they did for john mccain in 2000, get him a seat at big boy's table. melissa: he moves up but still way down on the list. >> oh, yeah. melissa: marco rubio is somebody that people are watching. reuters reporting that marco rubio has $40 million in commitments from major donors. >> uh-huh. melissa: that is a lot of money. >> that is a lot of money but not really. remember what you need jeb bush needs to report that he has raised in hard cash, not just in commitments, that he raised actual cash for his pac $75 million in the first quarter of the year. what this commitment for rubio does, much like what we heard
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from ted cruz's super pacs immediately after his launch or week after his launch, they were in for 31 had in the first week. this is volume of money that you need to get in the game and stay in the game. this is money that says about marco rubio, that he has the deep pocketed backers who are willing to, to put it in business terms, they're willing to be venture capitalists. they're willing to help him out at beginning get him where he needs to be to shine in the magic moment when he hits the debate stage in august. melissa: chris stirewalt, always good stuff. thank you so much. >> you bet. melissa: another shocking video out of video. even more christians suffering at the hands of isis. plus a man-made drought? whole communities are suffering has california flushes water out to sea. all to help this guy. that es him. just one of him, that guy. have environmentalists gone too far this time? more "money" and some answers coming up. ♪
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melissa: from the u.s. to every corner of the globe, money is flying around the world. governor cuomo is visiting with a new york trade delegation. of course he is. he is the first sitting governor to head there since diplomatic relations were restored. he need ad vacation. it is quick one-day visit. the group is meeting with cuban leaders and business owners. maybe having a cocktail. hopes maybe they can expand the reach to cuba's 11 million residents. to north korea, kim jong-un scaled his country's highest mountain in dress shoes, despite the problem with swollen ankles. the dictator climbed more than nine thousand feet right to the
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summit. that picture looks real, doesn't it? he told troops he felt more invigorated than ever. that the climb gave him mental energy and more power than a nuclear bomb! look at that there he is. no mat. hat. you don't need a hat. landing in the u.k., they bought a beanie-baby at flee market only to find out it was worth 100,000 bucks. are you kidding me. a rare purple bear. it was inspired by princess diana. only 100 of them were ever made. wow. when it comes to water, california values fish over people. that is the message from a report by the national center for public policy research, which claims that california's crippling drought is actually man made, caused as much by bad policy as dry weather. here to discuss that the senior fellow at the national center for public policy research.
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i have heard this before, but you put out a report on it. it is getting a lot of attention. i think a lot of people out there think that this historic drought is just a completely natural phenomenon. it actually has a lot to do with the way the rain water from northern california is being rerouted out into the delta. rather than going to the san joaquin valley which used to be the most fertile area in california. why was that decision made to flush the water out through the delta? >> the decision was made to flush the water out to the delta in order to try to keep a fish called the delta smelt, and other related fish, alive. in other words, what you have here is an attempt and a diversion of water from where it should have gone, namely to the people of california. instead it has gone to the purpose of flushing water to provide habitat for a fish on the verge of extinction anyway. melissa: this is amazing to me
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because we're looking at 37 million people have been affected by the drought. 66% of california's experiencing drought conditions. so far called the, cost the agricultural industry, that is you and i we're buying food $1.5 billion, all for this guy. can we show his picture? the delta smelt. this is the guy, where everybody is paying higher food prices no one in california can take a shower. lawns everywhere are dying. animals, everything. it is all for this guy this delta smelt. by the way, this is latest news state officials found only one delta smelt during a survey earlier this month in the delta. after all this, they went through and inspected, there was only, probably just this one guy we have picture of. that is probably him the one delta smelt saved by all this water. bonner is that right? this is insane. >> i'm afraid it is. it is absolutely insane.
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what you have, the drought comes to us courtesy of mother nature but the response on the part of the political class in california, to a drought which was perfectly predictable, when you look at climate, logical record of california will tell you that droughts are going to happen. what does any responsible government do? it adopts policy that enables the citizenry to be prepared for what they know is many coming. precisely that hasn't happened in california. you have seen water diverted away from agriculture. away from drinking water. away from water to bathe in for the sake of saving a fish so far gone they can't even provide breeding pairs for it. you have seen policies well impossible to build desalination plants across california. melissa: amazing. >> desalination plants are energy intensive. but what has california done? it has adopted policies that require that a certain
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percentage of all the electricity in california come from renewable sources. what does that do? that drives up the cost of energy. making operation of a desalination plant well new impossible. melissa: melissa: amazing story. turning southern california into a desert by choice. everyone is paying the price if they decide to stay down this path. you thanks so much for joining us. we appreciate your time. >> thank you very much. melissa: espn just got verizon's breakup note. not taking it very well. why verizon's plan to untangle the bundle has one of the best rated networks calling foul. you may have have to fight over the arm rest, but at least your wallet will have elbow room. as air fares dip we'll tell you where to fly, to get the most bang for your buck. more "money," piles of it coming right up. ♪
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♪ melissa: giving black friday a run for its money, the lilly pulitzer collection igniting a shopping frenzy at target. items selling out within hours. overloading the website. bruce along with hitha herzog. a fox business news contributor. retail expert. i have one how jealous are you? look at that, isn't it adorable? it's not mine. it's charles payne's. i borrowed it from him. he was able to snap it up. bruce, marketing genius or marketing disaster? >> three words sense of emergency. i give target the benefit of the doubt. they knew exactly what they were doing. maybe not the crash. but everything else. sense of urgency. they want you to believe that if you don't buy it
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now, you'll never get it. melissa: they're right about that. they do this before. they're high-flying designers that are too expensive normally for most people that shop at target. they create designs that are more affordable. now all these things are for resell on ebay. a bag that was 50 bucks, 330. a bracelet is on ebay for 250 bucks. you can buy normal lily for much cheaper than that. i'm confused. >> i don't mine they're selling this on ebay. this is economics 101. less supply more demand. i had no idea that in 2015, women my age would want to look like mrs. roper. if that were the case, i would move sold my mom's muumuus a long time ago. melissa: it's huge. i had people texting me saying i'm here, do you want anything?
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i don't think this will fit me. but thank you so much for thinking of me. they created a total frenzy. you're too cool for lily. >> it was a money making thing. we wouldn't have known. melissa: it was genius. they take -- they make target very stylish. even though you don't think this is style, a lot of people think it's stylish. >> my mother's muumuu is the best thing i've ever heard. you just nailed it right there. >> espn is not ready for the next frontier. both espn and espn two are not included in the cable company's new core package. bruce, this is a crazy thing. when i looked at the different packages. (?) they had a bunch of channels that maybe watched one of them as the base. every individual channel was part of a different bucket. so if you bought it a la carte, you spent more money anyway. why are you using us to
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bait-and-switch on people, it will make people angry. areare they right. >> i have the perfect business strategy. we'll upset our customers and our biggest supplier. what's the strategy? pissing people off. of course they're not right. nobody cares about distribution. i don't care where i get my espn. i want my content. this is a huge mistake. verizon will pay the price for this one. >> i don't watch espn. i always battle with the cable companies what i should be watching. i think verizon is in the right house here. they should be able to say whether or not espn is on the lower price package or not. melissa: we all have 1,000 channels and we each watch about seven. you pay for 1,000 unless you only get one of the ones you want. >> it's a complete racket. >> tom brady used help with photoshop. wishing good luck to the
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celtics. with this picture. it's coming, a young tommy in basketball uniform a superimposed under armour sleeve. you have to make the endorsement money somehow. they did lose against the cleveland cavaliers. he's in his little uniform, he has a white brace on his arm. there's an under armour thing superimposed on him. what do you think of it? there it is. >> nobody realizes that when tom brady was eight or ten years old, under armour didn't exist. so, of course, it's photoshop. it's funny. it's cute. it's clever. there's no crisis. there no controversy. it's a clever idea. that's it. hitha: it's a bad photoshop. he should tattoo under armour on his arm. wouldn't it look better? melissa: i think the white
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stands out. although, everything tom brady does is wonderful. i take that back. thanks to both of you. tune in tonight for back-to-back episodes of "strange inheritance." jamie colby travels to pennsylvania where a man leaves behind a struggling theater. the story of a man who inherits rare letters written to their grandmother by a young jfk. that one was really cool. don't miss it. breaking news the us is sending warships to yemen to intercept iranian vessels carrying weapons to the houthi rebels. the us' theodore roosevelt is en route to beef up residents in the gulf of aden. an armada of seven to nine ships to yemen, iran is doing. us is worried that iran can spark a confrontation with saudi
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arabia. so much for cheap gas this summer. why those savings at the pump may be about to dry up. the last man to shoot a us president is living the simple life. you won't believe where he's staying and what he's up to. more "money" coming up.
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>> i'm melissa francis with your fox business brief. china taking extra steps to stimulate its economy. that is lifting stocks here at home. the country's central bank is reducing the
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amount of cash that banks need in reserve. freeing up money to lend to small and medium sized by. businesses. a grim forecast. earnings came in better than expected. but the cruise operator is worried that higher fuel costs and a stronger dollar will cut into its profit for the year. mcdonald's is rolling out its all-day breakfast. you know where i'm going after work. the trial run starts today in san diego. i have to fly to san diego. with nine items offered all day long. mcgridles aren't included. biscuits at dinnertime, you'll be out of luck. that's the latest news from fox business network giving you the power to prosper.
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♪ melissa: breaking news right now. the us not backing down as the conflict in yemen escalates. fox news confirming that the uss theodore roosevelt is en route to block iran warships trying to resupply houthi rebels. seven to nine ships toward yemen. us military officials are concerned that iran's support for the insurgence -- mass murder of christians. the brutal execution this time of ethiopian
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captives. middle east journalist fox news contributor brad is back. lisa this really widens the circle of who it is that isis is threatening. christians around the world. this time they have targeted specifically from another country. what does that tell you? >> this video is showing a few different things. isis's influence is growing. not just in syria or iraq. this is two different parts of libya. they've expanded in libya. taking advantage of the warring factions over there. it's a clear message to anyone coming across isis is saying, either you live under isis or you can die under isis. for those who want to live if you're christian, you can pay a tax. increase their revenue. or you can convert to islam. or we will behead you or shoot you the way they did to these 30 ethiopiaians. melissa: brad, what is the appropriate response to this
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right now? >> the appropriate response would be perhaps boots on the ground. not necessarily us alone. but we have to eradicate this. this is a -- a war on the west. it's a war by radical islam. the president has to call it for what it is. hitler in the '20s wrote a book called mime mein kampf. in radical islam, they're telling us exactly what they want to do. we're letting them become so powerful and so pervasive within the middle east that we could stop them. but we're unwilling to stop them. and sooner or later we're going to have to stop them. melissa: it seems like we're trying to straddle middle ground where we're kind of doing something about it, but not. it seems we either have to go all in and really go in with an attack plan to eradicate this group, or anything less than that, you might as
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well do nothing. >> right. there's something to be said about an isolationist policy. we haven't been practicing that either. either have a multi pronged approach to combat isis wherever they're advancing on social media, their on oil cells in the pocket whether stopping them militarily as well. they have a multi pronged approach. we are reactive instead of proactive. again, this video is showing us they're so well coordinated. not only in their military attacks and killing and beheadings. but in their ability to send these videos from libya then back to syria and iraq to be produced on such a high level and then to be sent out in their propaganda machine. this is much more advanced than we're acknowledging. >> i want to ask you about this breaking story about the us moving in ships to block this shipment from iran to yemen. brad it seems like an
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aggressive move. where do you think it goes from here? >> well this shows you the bad faith on the part of the iranians. on one breath they say they're negotiating with the united states. the united states is announcing a deal that has yet to come to fruition. and all the while, while they're doing this, they're arming rebels and sending ships into the gulf. they're doing aggressive acts. what they're doing is they're biding time and they're using their influence against the united states. so this is a play by iran. at the end of the deal there won't be a deal. if there was, it would be honored in the breach. melissa: all right. so much to talk about. thanks to both of you. appreciate it. huge gains for stocks. average up 1%. let's go to nicole petallides on the floor of the new york stock exchange. a lot of energy, nicole. in terms of stocks moving higher. nicole: that's right. and halliburton has been a real leader. halliburton came out
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with their quarterly numbers. came out with better than expected profit in the latest quarter. revenue did fall 4%. but it beat the analyst estimates. you can see today. it's a winner. up over 2%. this as they've been battling over lower activity. they had to battle with the lower prices. customers who wanted better prices. they're in the midst of moving forward with their deal with baker hughes. less layoffs than schlumberger. melissa: thank you so much. furious 7 racing into the record books by making a billion dollars in seven days. how is that possible? that's according to the latest worldwide box office receipts. only 20 movies have made it past a billion dollars. topping that list is avatar. $3 billion across the world. john is planning to start his own hedge fund despite all of its previous troubles at mf
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global. he'll be using his own personal cash and funds from half a dozen investors. commodity brokerage that would bust into 2011, years for customers to get their money back. trying to get cozy in his new digs. john hinckley jr. the last man to shoot a president is living a normal life. he is staying in williamsburg home next to a golf course. he drives around freely. he plays the guitar. even eats out at wendy's. a court hearing may decide whether he can live there permanently. does that make sense to you? the -- the dow is up more than 200 points. a lot at stake. big week for earnings. the piece for movie history up for grabs. sarah zero har a's dress hit the auction block. you can never have too
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much money. ♪
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♪ melissa: whether it's on wall street or main street, here's who is making money today including tim tivo. getting another shot at being a quarterback. a one-year contract as soon as today. he hasn't played a game since leaving the patriots in 2013. (?) and making money from a piece of movie history. the owners of this gone with the wind dress. it was worn by vivien leigh. she played scarlett o'hara it was sold at auction for nearly 140,000 bucks. that is a healthy profit fort ownersfor the owners who
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bought it for 20 bucks. fabulous. live pictures from new hampshire where hillary clinton is speaking at a furniture plant. her campaign officials telling fox news that clinton is not planning to address the allegations in that clinton cashback. that is surprising. i thought for sure she would sit down and clear the whole thing up there. let's check with lori rothman. how are you? >> i'm fantastic. thrilled to be here. here's what we have coming up. deal or no deal with comcast and timewarner cable. charlie gasparino will have insider info for us. he'll be along shortly. forget everything you know about beef jerky. we speak with two men tapping into the $1.5 billion jerky market. a lot of jerky. right? they're trying to convince us. they have healthy jerky. you want to stick around for that as well. >> i can see you eating
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the jerky, lori. >> a lot of it. pounds of it. >> we look forward to the show. the market is going for green. a pug tears up fresh powder. oh, yeah. much better than your flower bed. at the end of the day it's all about money. ♪
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♪ melissa: a live look at the white house going scarlet and gray right now. president obama welcoming the ohio state buckeyes. they are winners of this year's college football national championship. ohio state's first visit to the white house since 2003. head coach right at home in the west wing. there twice as coach of the florida gators. he knows the drill. we can't let your monday go on any longer without seeing this one: brandy
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the pug carving it out on the slopes. a little help from her owner. she may not be ready for the bliek black diamond yet, but my money is brandy for the 2018 olympic team. good stuff. relief at the pump might be short-lived. we crews into summer driving season gas is up 7 cents. that is according to aaa. jeff flock has that story from indiana. oh jeff. driving and chatting on tv at the same time. is that safe? jeff: hey not a problem. not a problem. i've been doing this all my life. i'm usually texting -- no, i'm not. melissa: no, no. jeff: we're looking for the cheapest gas prices out there. turn on the windshield wipers. rainy out here. indiana has lower gas prices. if you look at the numbers, we've seen a steady uptick. this time last week it was -- it's closer to
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2.45. so much lower than this time last year. still, arrows pointing up. here's why. there was a report this morning before inventories. oil inventories which gen scape reported this morning they think have essentially peaked from oklahoma. look at the numbers from the eia last week. (?) supposed to be $3.6 million of inventory u.s. it was actually 1.3 million barrels. gasoline, also much less in terms of inventory than had been first thought. i think i found actually the exact average out here. look at this. the flying jay. 2.45. yeah 2.45 cash at the flying jay. that's where we'll pull off and get gas. melissa: get gas for us as well. across the nation 7 cents in the past week. that's a lot. jeff flock, thank you so
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much. that is all we have for now. i hope you're making money today. the market is on fire right now. up 216 points. no one better to take you through that last hour than lori rothman. "countdown" starts right now. lori: it is a super hot trading days. can the comcast timewarner deal be saved? both sides will sit down with the government this week. what will it take to get the deal done and what will it mean for future m&a? meanwhile former goldman sachs chairman jon corzine who presided over mf global is apparently considering launching a hedge fund. and with unfinished business with regulators which want to bar corzine from trading commodities. will corzine be shut down before he can even file paperwork? the man whose name was synonymous with a key piece of

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