9 to 12 be there as well. get to stuart right now. time for varney & company see you monday. >> thank you very much indeed maria. [laughter] good luck bill o'reilly the factor. exxon mocks climate change, oh, russia hacks irs and another obama giveaway yes a lot to go at and good morning everyone. we'll start with exxon. is this a turning point? climate change activists marked and rejected and there's more. exxon is lobbying the pope on climate change. that is irs hack reportedly came from russia, and the europeans want to take the world cup away from putin and russia in 2018 vladimir is not happy. new giveaway. administration thes to spend nearly $2 billion giving internet service to those who can't afford it. and then we have one more for you. this one you're going to like. we have a winner in the cute contest.

roll tape. >> it was -- special everyone enjoying the moment. >> you want to sigh that. ♪ ♪ >> i'm aware i may not be youngest candidate in this race. but i have one big advantage. i've been coloring my hair for years. [laughter] [applause] >> you're not going to see me turn white in the white house. >> thursday on monica crowley is here. you've got 20 seconds to respond to that hair joke and i thought that was a southern accent.

>> i can't do this again and -- >> humor. southern accent she's done this repeatedly over last 25 years it is wearing thin her act is wearing think thin so latest clinton foundation and the corrupt cash and pay to play allegation it is this kind of thing really does not play well in the campaign trail. it may have worked for her six eight years ago but act is old. >> our audience is asking why putting price of crude oil up if we're talking about -- >> crude? >> no, no, no price of crude oil right now is 57 dollars a barrel. we just have inventory numbers come out how much oil in storage down about 2.8 million barrels i think according to our banner rooght there down 2.8 million and the price not that much changed. 57 dollars a barrel. now on that same note let's get to the exxon story. lobbying the pope on climate change yes they are, and a priest and a nun wanted a

climate change expert on exxon's boards they did not get this. sort this out. >> insist a pat daily lobbying exxon is part of a kat luck roman catholic group and chairs in the company. they want them to put a global climate tex pert on the board of exxon saying you have to plan for the future, exxon, and it is important that we have someone on the board who is going to look to the future. it got shutdown ceo of exxon literally railing against this particular issue. and saying look we've sent reps to pope and vatican saying you don't need to be getting involved in climate change this is not in your interest, an by the way got 21% of the vote in the actual share hold per meeting but went on to say if you can see this quote, here asked about while you're reinvesting your money in renewable answer he anxioused that by saying well we chose not to lose money on purpose.

or o -- huge and not caving to climate change but pushing back. >> that is start of something. >> i think that is right. check that big board thursday lunch time we're down modestly above 18,000. we've been in a very narrow trading range this year. now look at gopro narrow trading range up 57 government with a new product. it is a camera going to debut later this year. suitable for use with a "oculus" rift reality headset. investors like this up 7%. abercrombie and fitch expect sales to improve that is up 10%. now this. the fcc that would be federal communications commission is set to propose a near $2 billion plan to offer subsidized internet access to low income families.

it is an extebs of the free obama program. israel i -- >> government has no business of doing this kind of thing and could could kowsming program and they'll say the need of wi-fi they need broadband access and come together to make sure that they have that privilege or now they're trying to cast it as a right that they have the right that those more prosperous have this cast the language. government should not be in the businesses doing this. but left realizes that they have a short wind of opportunity. >> opportunity is there anything that if you qualify for government program. is there anything that you can't get for free, education, medical care, housing, obama phone, food help with your rent, now the internet. >> access because they do cast it in terms of a right you as a relatively poor person right, middle lower class, you have a

right to this. this is how they cast is nobody on the republican side has the courage to fight back and say no this isn't a reeght. you have to work for this. >> that was a good rail. >> taxpayers pay for it. now russia's president putin he said the united states is medaling in affairs of fifa soccer governing body to take world cup away from russia. ashley, a lot of interest from the america, because maybe america get the 2022 or 2018 world cup? >> maybe, maybe about the 20 or 22 2018 is going to russia what is interesting is the fifa president said who is underfire but refused to resign got endorsement today from guess who, vladimir putin. mannose all about corruption. yes this is huge we're togs big money too late to take it away from russia depends what the investigation finds. >> but chatter wonts happen. >> vladimir putin no fan of his,

obviously, but he might have a point here guess who sat on the board to try to get those 20 -- 22 world cups here in the united states? bill clinton and now we know that fifa donated at least $100,000 to clinton foundation may not be wrong here saying that united states is trying to influence this through bill clinton. >> we had the story yesterday fifa gave the clinton fifa soccer body and government of qatar gave them 5,000 and later another gift between one and 5 million in the clinton foundation all from soccer and qatar. so it goes. >> fifa might not be wrong that they're trying to take one -- >> more on russia another rail if you leak. now the irs says that big hack you remember one hundred taxpayer information went out there. that hack originated in russia.

talk about that. >> not surprising at all. russians are well known for carrying out complicated an sphis sophisticated hacks but the fearsome wrecken of the u.s. government and agency. >> we're afraid of it. : it is a shot across to the united states. it is a symbolic tax because it is only about 100,000 taxpayers bad enough for not minimizing it but this a shot saying we can get into whatever government agency if we want. >> remarkable number. just to give you an idea how poorly run the irs is. order showed some 490 odd refund checks was sent to the same address in lithuania 393 checks sent to same address in singapore. how can that happen? there's no computer program say wait a minute even two check tots same address would be odd. maybe three. hundreds -- that shows you.

>> google this thing. how many checks are going to each address, google it. you can did it in a fraction of a second. >> shows you what irs is all about. >> but owe them 47 they're going to shoot me and hunt me down. >> all right sir we do. cooperate headlines for you lauren -- lauren has it for you. incase you missed it. >> i do good morning everybody. you might be driving an an apple car by end of the decade executive did not confirm the company is making cars but this is what he said, the car is the ultimate mobile device suggesting if to you read between lines it will spend billions building around apple phone. down 1 share right now. taco belling and kfc want to deliver to your door. taco bell is thinking about a great idea delivering to college campuses, thursday, through saturday night hello munchies -- and kfc thinking about delivering to your doorstep.

owned by young brands share down one and a half percent. mcdonald's starting with the buns it will toast burger buns five seconds longer to make them 15 degrees warmer. it will also change the way grills the speed so burgers are juicier shares aingt looking juicey right now down 1%. chain at mcdonald's hopetology make a big difference not sure if it will make a difference. >> toasted buns, they have a script -- this is a good one. you know how we were talking about the cashiers being replaced by computers because they might be losing more money. cashiers have a script. they're going to start this this summer worth three times they go over your order with you. you want a big mac with a coke big mac with a coke here's your big mac with a coke. might get annoyed like i 208d you i wanted a big mac with a coke. they'll get it right. they'll get it right.

serious stuff. flood waters are continuing to threaten parts of texas. hundred was families asked to evacuate and told to evacuate their homes more than 20 people are dead. 13 still missing more rain is coming. parts of texas and oklahoma could get six mother inches of rain this weepgd. we asked the question for those of us and rest of the country how bad is it in texas? when we get an answer from the guy who runs the army corps of engineers in texas and he's next.

>> i remember the music. ask magic gus and playing that music because we're moving starting monday june first we're going to 9 eastern three four, hours can you handle it. fault way till noon. same great show but just with me, and same time. let's get on with it three other

stories here we go first off senator elizabeth juan champion of the left she goes out to wall street and people who met a lot of money in housing boom. get this she made a lot of money herself. flipping foreclosures, back in the 1990s full story for you 11:50 check in one a mega yacht as big as a cruise ship who is building and who would buy it? we will tell you 12:22 custom built fish tanks we have two men who built them we have the question how much do they cost? we'll tell you in the next hour. check out the big board down but not that much. 53 points lower, but do take a look at netflix. new lifetime high that was yesterday, 6:39 a slight backing off now at 6:27 on netflix up right now. deadly flooding in texas days of torrential rain evacuations have started at least 20 people

have died since the storm began. joinings now jerry carter what resource corps. of engineers jerry for those watching this program that don't live in texas or oklahoma not familiar with how bad this is, give us some understanding of the scope of what is beginning on in texas and oklahoma with flooding. >> well we ended last year in a serious drought with about -- 20 to 30% of normal water. and then as we move through this spring and gotten into may we've received rainfalls in may of about half of our annual total in the single month. >> that is all running up because the ground is parched so water lands and just runs off and into the river and reservoir that is what is happening? >> water sheds are wet here. good news is that we've local communities in the corps. of engineers have worked here at dallas fort worth area and we've developed six flood control

reservoir and two levy systems to provide flood risk management for this area. >> hold on a seconds. >> on a second, you said you've got six water -- are you challenging this flood water into six different reservoirs to conserve it is that what you're doing? >> it lies along trinity river. there are three, clear and west fork and elm fork and we have reservoir on each of the marming rivers that come into the dallas fort worth area in a large flooding ercht happens we capture that water in those reservoirs. we monitor down stream conditions, and then we release the water from those reservoir when is it is safe to do so into the down stream areas. so those projects it cost about $2 billion to develop this system, and they already prevented 72 billion dollars in damages in the area. >> can you give me -- >> without those projects there would be serious flooding in

dallas fort worth area prop >> can you gi me some understanding whether or not this is a flood of a lifetime worst in ten years. how bad is this? >> this flood we've had some very serious flooding and isolated areas arranged around texas. 10 inches of rainfall in about a few hours, and of course that was a very tragic situation down here in the area near dallas fort worth we have high rainfalls a few weeks ago. that resulted in high water rescues overall it is continuous wave after wave so we haven't had large events necessarily but that volume of water that is filling up our reservoirs. >> jerry this weekend it is forecast that another six inches coming down. will that create the conditions you're talking about catastrophic conditions? >> well we don't anticipate any catastrophic conditions but our projects are becoming quite full

so we're out monoer toking these projectings. we're 24/7 operations here we partner with the u.s. geological sure have i and local communities and managing this system. we have remote stations and watching conditions rainfall stream stages down stream, water flowing into the reservoir we're monitoring that 24/7. we have a dam safety staff out at the projects watching for signs of stress so we're on top of this. >> are you on the army corps of engineers in charge of texas at this point? >> i'm water resources chief so -- >> you're on deck. >> in general in dallas. you're on deck this weekend. it is you, you're the man, right? >> we will be, i will be here this weekend, i will be on duty, my staff will be on duty. we will be watching these reservoirs in these conditions all weekend. >> jerry carter thanks so much for joining us we appreciate it. thank you sir.

up next oh yes another free commercial for gopro turns out they're no longer a one trick pony but now new products. the stock is up. you probably know xerox as the company

that's all about printing. but did you know we also support hospitals using electronic health records for more than 30 million patients? or that our software helps over 20 million smartphone users remotely configure e-mail every month? or how about processing nearly $5 billion in electronic toll payments a year? in fact, today's xerox is working in surprising to help companies simplify the way work gets done and life gets lived. with xerox, you're ready for real business. usaa makes me feel like i'm a car buying expert in no time at all. there was no stress. it was in and out. if i buy a car through usaa, i know i'm getting a fair price. we realized, okay, this not only could be convenient we could save a lot of money. i was like, wow, if i could save this much, then i could actually maybe upgrade a little bit. and it was just easy. usaa, they just really make sure that you're well taken care of. usaa car buying service. powered by truecar. online and on the usaa app.

>> yogurt company says he will give away at least half of his wealth estimated at 1.4 billion. joining the giving pledge created by warren buffett and bill gates in an interview with the ap he plans to devote his efforts to helping refugees around the world. football is going high-tech, dallas cowboys people call them america's team. okay. now they're using drones to film their practices from the sky. football teams have been filming prabts from the ground for decades and review the tapes later. this will be first time that a team will have aerial practice video to review. >> you know what is going to happen patriots put up a spy drone guarantee it in their drgs nah. >> nasty man. a response from the audience here. look at gopro stock is up 9 it was earlier i think it still is

7% higher. new high-def camera drone and plus a special rig that uses six separate go pro cameras to create a 3d video that can be viewed with a virtual reality headset like that "oculus" rift. ashley what is going on? mpg good stuff. peemg who love gohpro the camera device that will come out later this year. so you know as you repel down the rock face -- stuart, and hand glide over andys you can capture video that gives you 360 and incorporated into a virtual reality world in the headsets like that so when you insert this video you can be in the middle of the vod that you've shot. very cool indeed. they haven't given the price of what this is going to cost but later this year. >> companies are going into this virtual reality process, now gopro is producing a camera

video that will fit it. >> exactly right. the quadcopter drone has four on stability. people have gopro cameras live for the drone the the fact that gopro is bringing out its own drone to fit on to there is absolutely perfect. tharchghts is a gopro drone. >> yeah with a camera in this. enable you to put your camera there and watch coy boys practicing. >> not very very long. >> statistic? >> my worry was being seasick i'm prone to that. dramomine. >> maybe that is not for you. >> i'll check the price. charlie exclusive reporting on former lehman brothers chief what has he been up to lately according to him it is murky. up next, the white house strategy on defeating isis. let the iraqis handle it. the administration's plan

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stuart: with the dow has recaptured 18,100 down 50 points. the price of oil hovering around $57 a barrel.

the price of gasoline hovering around a national average of 273 and the cheapest gas in america has gone up $1.98. highway 80 fuel station will be louisiana. now this. former lehman chief makes his first appearance since the banks collapsed in 2008. a lot more to the story. charlie has the exclusive forest now )-right-paren new york. what has this been up to charlie? >> well, he's been doing a lot of penny stock deals. today he will give what i believe is its first public comment since lehman brothers imploded in 2008. he's had a microcap conference here. that means pennystock spared the keynote speaker at a penny stock conference conference here in midtown manhattan at the grand hyatt hotel at grand central. we have written a long

investigative piece on some of its activities and they are mainly in the world of penny stocks. it just shows how far the former ceo of lehman others have fallen in the days of being wall street royalty and fox business.com. one deal blew up. a lot of people said they lost money. one person calling himself as fox business was reported this out. the big part is this and we will find out exactly what dick fuld said. we point that out in the story today. sec investigations are pending for whatever role he might've played back in 2008. keep this in mind. dick fuld is now a player in the penny stock market. he's gone from lehman to penny stocks and another seven years. >> i can see you standing in the street. reporter: we actually did ambush

him. fox has tape of him we should be ready to roll any minute now. might even have it right now. we are going to try to get him coming out. i will tell you this. i have no personal animus against dick fuld. we have a very cordial relationship. as i was writing back in 2008 maybe he will turn around and say something to me. i will ask him. >> right there in new york city. thank you very much. white house press secretary josh earnest was asked this morning how the administration will fight basis. his response. >> or strategies to support the security forces and doing well proven not do for them. the united states is prepared to train them come equipped and then back them on the battlefield with coalition military airpower if they take the fight to isil in their own country. united states will not be responsible inside of iraq.

stuart: we are not responsible for securing their security situation. >> it's a far cry from what the president said a couple months ago to defeat and destroy isis. the reality is we can do everything to help them but they will not stand up and we can't fight for them. it doesn't mean we shouldn't do something different. i look and say we've done all these things to prop up an iraqi army. the iraqi army has now cut and run against far inferior forces. a year ago there were 30,000 iraqi forces against a couple hundred isis. so you've got to train and equip them a third time and watch them fail. the reality of slavery and is running the show and controlling the iraqi army and the iraqi army would not spin up and fight for the sunnis of the region. >> the president says we will win. from the united nations.

i heard this from you earlier today. isis has increased its membership by 70% in the last year and 100 countries are trying members into isis. they are getting people from 100 different countries. >> of course they are winning. he said if people have to choose between a strong horse and we chorus they'll always choose the strong horse. what the state has done is they are now a country. they are now state. iraq doesn't exist anymore comes. doesn't exist anymore. the islamic state does and as you pointed out, they have the momentum. 25000 foreign fighters have come to fight for them in the last nine months for 100 different countries. we need a new plan. the plan we need is to make sure those fighters don't somehow come to the united states.

>> everything seems to be falling apart. i bring up the issue of the five taliban guys we exchange for murdoch. they are going to go free. monday morning i believe. >> several of them have been in contact with the taliban. if you are in afghanistan, you will see taliban fighters who have been in gitmo, who will coach through the victory parade. the taliban have always said we are the place where great empires come to die. they said we've done it to let their empires. we did it to the soviet empire and now there is no better example than the five taliban get all grads going back and trying. >> you have to say it's an absolute mass. sunni fighting shia and they are fighting everybody else. what a mass. you have to ask.

the american voters will be asked this. do we want to jump in there and get involved all over again? >> we need a new plan. >> what do you think should be the plan? >> i was a isis is using social media to recruit. we should use social media and the internet to track them down. we have analytics we can use not to do that. we should use up the patriot act and secure the border. we have to prevent people from coming into the country. let's look around and see who is here. there are ways to protect the homeland. finally, the people in the middle east, the sunni tribes and the kurds, we are arming the iraqi army. here's the stuff will give you to do it. for those few in the middle east to fight for themselves. >> i would not be surprised if president obama doesn't do a lot of what you just talked about.

it would be politically popular. and here's why it's critical to do it now. it is on the verge of becoming a wealthy nuclear weapons state. they look at a signing bonus because the assets -- nobody knows how much it is. i've seen estimates of $120 billion. that is going to boost their economy. you'll see iran economically politically dominate. then you see the rise of iss for new parties in the countries in the recent days if iran does nukes, so do we. stuart: what a mess. two topics for the judge who is coming along next. the fbi leading the charge on fifa and leading the charge against them. what authority do we have, especially overseas. more questions regarding donations on the clinton

foundation. this time it involves qatar and their 2012th u.s. world cup bid. ♪ the technology changes the design evolves the engineering advances. but the passion to drive a mercedes-benz

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brief. hop off the day at 18001 at seven. the s&p 500 down a quarter of a percent. the jobless claims rose by 7,282,000 pending home sales. taking a look including mcdonald's and caterpillar as well as jpmorgan united health and ibm. all those under pressure with a big field to talk about. or to $7 billion deals. brought calm does apply to the big names such as apple or samsung. this s-sierra a winner today now reports that they will have some camera as well as a jerome. 7.5%. much more "varney & co." coming up.

stuart: at pms explicit exposé covers a huge conflict of interest. adam shapiro has this new story for us. >> at the center of the controversy to aviation employees. we caught a member helping people cheat on a key exam. now 3000 people have been harmed by this scandal. some of them filing complaint equal opportunity complaints. the cases are being assigned to caseworkers who are are members of the organization which might

have committed a wrong to begin with. then they read from a letter which talks about this. a guy named gregory hill who is a member says they improperly and illegally interfered with the 3000 hiring process. if these allegations are true, mr. hill has directed an unwinnable conflict of interest between official duties and duties to be envied cfe. at first the faa said no mr. hill stays on. the lawyer then cited the law. they replaced mr. hill. we showed you yesterday on fox business.com another case like this. they assigned the complaint to the caseworker tied to the organization at the center of the scandal. that person has just been removed. they keep assigning people tied to this scandal potentially through their affiliation. they may not be guilty of

anything that they keep assigning people to the people who have been wronged. stuart: i trust he will stay on the story. >> they just outright refuse to respond to fox. what they say when they don't talk to the press come into the american people the faa is saying something i can't say on television. that is what they are saying. stuart: fox is not popular in some circles. good stuff indeed. now the latest on the crime and corruption behind the world cup. 14 people facing charges in switzerland. the u.s. and $150 million worth of bribes going on here. federal agents carrying out raids in miami. attorney general loretta lynch oddities come as yesterday. all rights, the judges here. obvious question. america is leading the charge against corruption and a foreign

organization. >> fifa as a soccer organization in europe. stuart: how are we allowed to the discharge? >> two theories under which this is done. one of the reagan area in the federal government has followed it since then. any criminal offense even if it occurs out i'd american jurisdiction, american courts have jurisdiction so long as the justice department can get the defendant physically into an american courtroom. the more likely serious americans banks were used to launder the money the grand jury alleges in the indictment was actually launder. it is interesting to banks are in manhattan which is the southern district of new york. this indictment in the eastern district of new york which is brooklyn. what job to loretto manchild

before she was the attorney general of the united states? she was u.s. attorney in brooklyn. this case was not put together since she's been attorney general of the united states. this was her baby for many, many 10 years and then they decided to get the indictment now. stuart: the perfect first big case for loretta lynch. >> yes, it is. and if you'll permit this reference, an elbow into the ribs of her former rival. >> a bit of an elbow in the ribs to her former rival the u.s. attorney in new york city because the money laundry if it occurred when she says that date, it happened in manhattan. stuart: judge, now i'll ask you to speculate.

bill clinton spearheaded the effort to get the world cup to america in the year 2022. the effort failed. the world cup in 2022 will go to qatar. after the decision made it gets the world cup qatar gave a lot of money to the clinton foundation. why did they do that? >> who is the secretary of state and my she has had cement plant? that is the nefarious question. did mrs. clinton, secretary of state legally and politically did hilary rodham clinton will secretary of state of the united states allow her decision in the official capacity to be influenced by the financial contributions made to her husband's foundation. i don't know the answer but there's a pattation. i don't know the answer but there's a pattern from which you could argue yes. there are denials from which you could argue no. a mushy answers questions why

must a prosecutor charges, there will be no answers. stuart: bill clinton fails to get the world cup. qatar gas at access pass the money. here's the consolation prize. go away and be quiet about it. >> and my lack to speculate? >> may i call informed speculation. not because does your highly educated mouth, but because the pattern is that ford's and clinton cash and not vote and we seem to be learning more and more things that we are learning after the book was published. stuart: i like your animation. >> you as a professional soccer player. >> i'm familiar with the elbow.

stuart: can i get a word in edgewise? just and, here is that video. dick fuld arriving for a speech. he's giving penny stocks by the way. this is the first known public appearance since the collapse of lehman. ford has created a boutique investment firm. he made a matrix of advice as a together with a handful of staffers has been pitching deals using his big rolodex. more on this throughout the day here on fox business. elizabeth warren demonizing investors who makes money flipping houses. as it turns out she was doing the same thing in the 1990s. >> nobody in this country coverage on his own. nobody. i want to be clear. you moved your good to market on the road the rest of us paid

for. you hired workers. the rest of us paid to educate.

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stuart: get this. elizabeth warren made big money flipping houses in the 1990s. then she went on to blend the two guys in a financial crisis

on speculators. iliana johnson wrote about it and she joins us from washington. are you saying can you prove in the 1990s senator than elizabeth warren bought up foreclosed houses, spruce them up and sold them at a profit and did exactly the same thing the speculators did 10 years later. is that true? >> sometime she didn't spruce them up your chisel them without making them all improvement. this is why people hate about washington is politician saying one thing and doing another. it's even worse because she rose to political prominence in the wake of the financial crisis pointing out real estate speculators in making herself a champion of the little guy or and she literally wrote a book of financial advice and what she says you cannot make money flipping houses for a quick profit. now if i know she's made a quarter of a million dollars doing just that. stuart: she made a quarter

million of dollars in the 1990s? >> $240000, yes. stuart: how many houses were afflicted where they were? >> half a dozen in her native home state of oklahoma. a couple were bought in for closure in one case for $4000 in gold a year later for $30000. he said the profits we talk about. stuart: there's nothing illegal about this, not even unethical. the problem comes in when 10 years later elizabeth warren is criticizing other people are doing exactly what she did in the 1990s. >> absolutely. this really goes to a point to purity on political identity. elizabeth warren has staked her political identity and ideological purity. nobody would be shocked if we found hillary clinton were doing this are jeb bush or any other politicians. elizabeth warren has made herself a champion of the little guy and that is why i think the

new she's been doing this is particularly damaging for her. stuart: but see if anybody picks up on this because it's a very interesting story. thank you very much for joining us. >> thanks so much stuart. stuart: ran paul taking a stand. lotus position ultimately kill his campaign for president? yes, it will. at the top of the hour coming up. the obama administration wants to extend the obama farm program spending $2 billion of your money. how about that? big new hour two minute the way.

in the one where does it stop? i am talking about give aways. there's a new one. the administration wants to spend $2 billion subsidizing that is giving the internet service to poor people. i thought we had enough when the

ministry and gave out free funds. there are 12 million obama phones out there. you can get one if you are on medicaid or food stamps the the guy who dreamed this up says you got to have a phone to look for a job. now they are poised to extend the phone program to the internet. that is free internet and you are going to pay for it. is there anything the government won't give you if you qualify for the hundreds of giveaway programs? food medicine birth control rand gas and electric bills, housing cash or phone and now the internet? we are indeed a very generous society. i have a nasty feeling that someone is using your money to buy votes. vote for me and i will give you this. worse, we have created a trap. why climb the food chain if you get less free stuff? ♪

stuart: are we coming down a bit, dow industrials shot 85 points holding just above 18070. please look at go pro, a lot of free publicity. and new product, a spherical camera will debut later this year. investors like it. a drop in supply today the price of oil has gone down $0.60, we are at $56 a barrel as of now. we are still at $2.73, have a new headline for you on takata the recall got bigger. the gawker is recalling 4 million vehicles for airbag issues. the recall affects a dozen models from 2004 through 2011 addition to the 33 million cars recalled just last week.

let's get to the rand paul story. he was on this program. listen to what he said about the nsa. >> interesting thing is the department of justice the inspector general came out and said there's no evidence that crack one case with all of this but my opposition is more based our liberties, you should and give up liberty even if you said it worked, to give up your liberty because we are fighting against terrorists to protect our liberty, our bill of rights and we give up our bill of rights in the process, what are we fighting for? stuart: rand paul has not become wildly popular what he has to say you just had a quick look at dan henninger air for the wall street journal editorial board. he has a piece out, you are saying that rand paul's stand on the nsa and collection of data really hurts his presidential chances. that is what you are saying. >> i think so. if you talk about his presidential chances we talk

about him getting a majority of republican voters in the primaries or the general election more voters than hillary clinton and i don't think these positions although they have some support in the country are going to give rand paul the kind of support to gain the republican nomination on the program he said this is the sort of thing senator paul does. it is one thing to say we should be careful about giving up our liberties if we allow -- even if it works tour terrorists, this is the situation people find they cannot serve work. stuart: they have support from younger people who hear the words spying looking at my e-mails delving into my personal life and you have an issue and they support rand paul. not enough support out there to

win in primaries or getting the nomination. >> that is it. they're not trying into people that females. millions of pieces of data. if it comes to their attention like simpson who carried out the assault in garner, texas, they go to a judge and ask how can we look at his telephone traffic but not until then. stuart: senator paul is also somewhat unpopular because of what he is saying about isis. >> he said yesterday that he blamed the rise of isis on lindsey graham and john mccain for their support of policies in the middle east which by some logic allowed isis to arm themselves with equipment the united states military leftovers there. this gets over a whole series of events such as barack obama's

decision in 2011 to pull all american troops strength in iraq down to zero leaving no one behind to help them build up the kind of capability that they would have needed to oppose isis. that is the kind of logic that makes people wonder just whether rand paul would make inappropriate president. stuart: he is a libertarian he has made a big splash and has a following. do you think the rising tide of libertarians is about to end and flowback with a little bit? >> interesting question. the libertarians always had this position known the u.s. role in the world where they want to pull back this is the position they have held forever, 30 or 40 years. we have always felt in the areas of domestic policy, the free-market the role of government the libertarians have been a leading voice for protecting individuals against the government but they do tend to go astray when it comes to

foreign policy and at least not so much in their own minds but in terms of the general electric, that part of the libertarian formula does not fit in the general elections legal in this country. stuart: would you stay there? another issue i want to talk about in a moment. i will segway to this. the federal communications commission set to propose a mere $2 billion plan to offer subsidized internet access to low-income families. this is an extension of the obamaphone program. liz macdonald is here. i have a little ranch up there about another giveaway. am i going too far? >> odd is looking at comments on the internet. when you look at it is $9.25 that is what the subsidy is for the porche access broadband. the argument could be made they need broadband to search for a job or for the kids to use their i had at school. if you don't have that support for the poor to help them find a job what are they going to do?

del on government benefits programs and that its taxpayers as well so where's the offset? stuart: you can get just about anything from the government if you conform or qualified to given program. i see this as a vast extension of giveaways. >> there has been fraud and abuse. there was a company that defrauded the program for giveaway phones. we pay for it with these phone bills, i am saying is not a lot of money and if it gets the for a job so what? stuart: i you prepared to pay for this? >> i think it is better than boosting the other programs taxpayers get it up for. stuart: dan henninger. >> comes out of the pocket of middle phones -- middle class cellphone users and their subsidy. people are getting tired of being the gland dime by excise taxes it would not be publicly supportable.

the question of fraud is a serious one. this program has been right with fraud and abuse and the fcc admits they are not on top of it. why make it worse? stuart: there's another element surely buying votes. my taxpayer money being funneled through the government to various groups of people who then vote for the politician who gives some stuff. >> there is a voting aspect and i will give you another aspect. should they be focusing on this or boosting broadband capacity in this country, watch this one woman in michigan who says i don't have self service unless i stand on my chicken coop facing south. that is what she said. the e issue is how can you bring broadband to rural areas? stuart: go to your local library couldn't you? get broadband at your local library, most of them. that is not universal. that was a good point? you accept that? you are out of here.

fox business has exclusive video from last hour. dick fold arriving for a speech he is giving on penny-stock. the first public appearance since the collapse of lehman. charlie gasparino broke the story but he has been running a boutique investment firm named matrix and visors it kicking deals using his big rolex. much more throughout the day on fox business. back to today's top stories lauren has them for you in case you missed it. >> new information on the security breach at the irs this old data on 100,000 taxpayers. a cyber source telling fox news the sophisticated attack a originated in russia. this is something the agency was warned about especially by the director of national intelligence james clapper saying this in february. >> this insidious trend will continue. cyber poses a very complex set of threats because profit

motivated criminals ideological motivated hackers or extremists and variously capable nations state like russia, china north korea and iran are all potential adversaries who if they choose can do great harm. >> meeting stolen tax refunds. more flooding fiers in texas and oklahoma. rising rivers in texas sparking evacuation in the sea, hundreds forced from their homes, the death toll continues to climb to 21 with dozens more still missing. more storms are expected in the next couple days and for taxes this has been the best month on record and it is not over. stuart: where -- ever? quickly let's check the big board. we are down 78 points this thursday lunch time, 18,084. there you have it. fully autonomous killer drones robots that fly themselves. pick out their targets, fire and kill without human intervention.

it is becoming a reality. full story coming up next and a quick reminder, got to tell you this again, "varney and company" is moving and we are expanding. aggressively. starting monday kicking off at 9:00 eastern we go all the way until noon, three full hours. you got to be there for is this. . you are looking at two airplane fuel gauges. can you spot the difference? no? you can't see that? alright, let's take a look. the one on the right just used 1% less fuel than the one on the left. now, to an airline a 1% difference could save enough fuel to power hundreds of flights around the world. hey, look at that. pyramids.

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stuart: stock is a modest winner in a generally down day, they voted not to add a climate change expert to the board of directors and chief executive even mocked climate change telling shareholders he had invested in renewables because, quote, we choose not to lose money on purpose. there is more exxon is lobbying the pope on climate change.

liz macdonald, let me start with this. what exactly is exxon doing lobbying the pope? liz: the pope is expected to present an and cyclical this summer on climate change. reportedly exxon mobile will send a representative to lobbied the vatican of is this in cyclical he plans to deliver this summer. that is what is going on between exxon and the pope. stuart: do you see this story on exxon, i see it as the beginning of some quebec from corporate america against aggressive climate change activists going after corporate america. liz: activists include the catholic church. the pope and of course exxon mobile and oil companies don't want their brand reputation damaged when you have the power of the roman catholic church against it. we have a catholic priest and a nun saying we want climate change experts on the board of exxon mobile but we -- when he made te not to lose money on renewable

energy shareholders applauded and he put out a message to shareholders saying listen we have climate change expert scientists, people we talked to on the board. stuart: when the priest and the none suggested putting the climate change expert on the board that was defeated. liz: was defeated. landslide defeat and what he is saying these experts if you put climate change experts on our board they will undercut the informed opinion and decisions and making we need from the boards of that is really laying down the gauntlet to these guys. stuart: good stuff thank you very much. the rice of the machines robots are beginning to take jobs held by humans. fast-food cashiers manufacturers, even drivers in some instances losing their jobs to machines they never get tired, never get sick and don't ask for a paycheck. martin ford author of this book the rise of the robot.

come on in great to see you. a lot of talk about robots moving into fast-food operations because there is a big push to pay people 15 bucks an hour to work at mcdonald's. in what way can you robotize mcdonald's? >> there are already technologies and development. there is a company in sentences the focus on building a robot that can crank out new 400 hamburgers for an hour and these would be very. you will definitely see more of that in the fast-food industry in the future and it will happen regardless of any increase in wages something that is inevitable. stuart: the obvious counterpoint to what you are saying is who is going to -- what we going to do

with low-wage workers who lose their jobs because of robotizati robotization robotization? that has been asked of you many times. >> that is the issue. the traditional solution is send those people back to school and train them for higher skilled jobs and maybe they can work in an office. the problem is these technologies are going for higher skilled jobs, not just about fast-food workers or people in warehouses. you have smart algorithms that are invading offices and taking white collar jobs jobs held by college graduates. in many cases those jobs are easier to automate than the jobs in the fast-food place or the warehouse because it is cheaper. you only need software not expensive machines and robots and so forth so this will create a real dilemma going forward because jobs at all skill levels will be impacted. >> the big 3's thinking machines that make decisions without human input. we have this story, your story

actually the pentagon is funding autonomous drones that can shoot, fire and kill human targets without any human input. they can decide for themselves what is a good target and what is not. are we at that point already? >> we are moving toward that point. if you talk to the military today they will tell you their stated policy is they are not thinking of making these weapons autonomous, they want to keep a few men in the loop but in the longer run it is inevitable that that will probably happen. things on the battlefield will unfold so rapidly the known human being will be able to keep up with the. we already see that on wall street, you have trading algorithms that autonomously battle each other trying to make money and it happens at a rate that would be incomprehensible for any person, it happens so fast no person could possibly keep up with ainge you will see the same thing happening on battlefields. stuart: we are a financial

program. most of our viewers are investors, they want to know how do i invest in robot companies? can you tell us which company is the leading maker of robots? >> now it is probably i robot which is the companies that makes the vacuum cleaner and a lot of military hardware. there's a lot of action with silicon valley, some in stealth mode. we will see a lot of activity in this area going forward and you will see some smaller companies emerging that may become more important in the future. stuart: back to i robot. i am not familiar with the company. i haven't took its up. it is an american company? is a publicly traded? would you say it is the cutting edge robot companies? >> it is the best known company

located in boston and focus primarily on military robots there getting into more commercial things as well. it is publicly traded company, one good option if you want to invest. stuart: our crack production team immediately got that stock on the air. put it up again please. $32 a share right now. is up $0.34 1% day. you, end -- you are not a stock market analyst but the like the stock anyway? >> i don't want to make stock recommendations because i don't know enough about it. stuart: last one. american technology. are american companies in the league producing robots whether it is for the military or private enterprise? are we in the lead? >> i think we are at the lead. there is a tremendous amount of competition, there are things emerging out of silicon valley. google has invested in this area and they are on the leading edge

but japan is also extremely on the forefront of this, china is a big competitor. is an enormous amount of competition in this space in the commercial space and in military operations as well. this is an area that will be tremendously important in the future and there will be a terrific amount of competition. stuart: that is why you wrote the book the rise of the robots thank you for being with us and bringing it to us. you got to check this one out. make a yacht, the size of a cruise ship, a billion dollars. who is going to build this monster and more to the point who is going to buy it? we believe that there is a buyer. full discussion in a moment.

in the one look at that artist rendition, it is coming $7 million mega yacht as big as a cruise ship. cheryl casone is year.

rapid-fire. >> christopher seymour, known for building of a previously biggest yacht throughout a owned by different people. this one is being built in europe. stuart: who is it for? >> it is resale. are you interested? you want to hear the price? charles: stuart: before we get to that who is buying it? this is a spec should? >> yes. it does not have a buyer. it is not public knowledge if there is a buyer in-line for with this. unit heard of a yacht broker which would be a fabulous job by the way. it is called four yacht and they are marketing it for sale. stuart: put the price on screen, $770 million. >> stealing my thunder, $70 million. listen to what is on it. two helipads, you needed the 70 crew to run three separate launch boats, minisub, 656 feet

long this is the size of two football fields, it has nine decks on this thing. it will be fabulous. it is called the double century. stuart: it will give the rich a bad reputation. this is income inequality writ large. >> maybe al gore will bid on it and is global footprint for carbon. stuart: senator bernie sanders. >> say goodbye to them. stuart: the taliban five the terrorists who the obama administration exchange for bowe bergdahl, come monday will be free to travel. up next of former cia covert operative tells us how dangerous these guys are and the bostian -- the fifa scandal, could the world cup move to the u.s.. i say it is a possibility. >> the more likely theory here is that american banks were used to launder the money that the grand jury alleges in the

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stuart: recently the market has gone nowhere in the middle of the day. the story about that in the wall street journal today.

no real serious price movement in the middle of the day, only at the end they did big-time traders move the price. we are still down 64. the price of oil big drop in supplies at the price moved lower. that is interesting $56 a barrel is your price. the price of gasoline national average for regular $2.73. after the massive irs hack we find out the irs cut its cybersecurity staff by 11% over four years. that is ironic, isn't it? you cut your staff and get hacked. >> just 363 people work on cybersecurity at the irs, that is it. it seems they may be outsourcing lots of private contractors. when we look at the cybersecurity budget vs. the irs i t budget less than 5% is spent on cybersecurity. stuart: that is yesterday and

again today. russia behind the attack on the 100000 taxpayers. >> i don't think the irs should be having internet services to get your tax returns at all their lack of cybersecurity. stuart: that was an apps on your phone you go to that apps and it tells you, gives back your tax records and put some up immediately. the russians hacked into the apps. liz: the irs does it it was a barrage of fishing e-mails into the irs system. the irs handles 240 million tax returns a year. to have such a thing cybersecurity budget that is questionable. i would say it is congress's fault for killing with the tax code every year with a barbwire pile of fishing tackle, they have a tax code. the joke is it makes more liars out of people than golf.

congress is to blame too. always distracting the irs away from its position as tax collector. stuart: we haven't even talked about a tax refund checks that went to one address in lithuania. the taliban five, the terrorists, the obama administration exchange for bowe bergdahl their travel ban expires meaning they can now travel around the world come monday. covert operations officer mike baker joins us now. you are a covert operator.

there seems to be no top cover. there seems to be no solid surface. what are the conditions on the playing field? it seems to shift constantly. the other part of the in their eyes in the intel community at the cia and elsewhere people get on with it. despite what they may be feeling they continue to march forward and do the job at hand to matter how difficult a dangerous it is. stuart: mike baker, sorry we are short on time. we appreciate you being with us. the interest for americans fifa soccer scandal. here is america's interests.

will the world cup the world cup becoming world cup becoming here is that of russia in 2018 or qatar in 2022. fox sports writer is with me right now in new york. what are the chances we get the world cup? especially in 2022 when qatar is supposed to get it and there's widespread allegations of bribery that got been the tournament in the first place. what chance that he comes here in 2022? >> yesterday the swiss government announced into the bidding process for the world cup in 2018 and qatar in 2022. if they find something that causes guitar to lose the world cup coming to u.s. would certainly be up for potentially hosting the world cup. we have a long way to go before we get to that spot. stuart: but america wants it. it's a moneymaker. it's as big as the olympics if not bigger. >> that true. and the rest that we thought

yesterday, in switzerland the fbi working with the swiss government to arrest several fifa officials hoping they give evidence that i happen to think they can take down fifa. back to me is not hosting the world cup in the u.s. down the road. i would like to see fifa cleaned out. it is a dirty organization. stuart: wait a minute. at the price of cleaning up the world soccer authority was we don't get the world cup you would make that ?-que?-que stion-mark >> i'm okay with that. i love soccer and cover a full time. fifa is a disgrace. it is a joke. the only people they are afraid of is the fbi and the u.s. investigation. stuart: what they are saying this morning if it is rare like

that, we will pull out of the world cup in 2018 and russia. now that is a big deal. >> i would be. i don't know if they are going to do that. a lot of tacos in soccer and soccer politics. when you are prosecuting these guys have them extradited to the u.s. potentially putting them in jail or brings a whole new element for all of this that is more important than the internal stuff. stuart: nice guy. either way fox sports, who is going to win? >> are so low now. three of the best attacking players in the world. stuart: general agreement in the studio. thanks so much for joining us. we appreciate it. it is an app and it is called shazam. it lets you hold up your phone to the radio and identify the song you are listening to and takes you to a place where you can buy that song. wait a minute they are

expanding. in the future it is not just music. you can identify video. a full explanation of shazam on its way. ♪ when you're not confident you have complete visibility into your business, it can quickly become the only thing you think about. that's where at&t can help.

with innovative solutions that connect machines and people... to keep your internet of things in-sync, in real-time. leaving you free to focus on what matters most. >> stocks are lower today across the board and down across the

bay. the dow jones industrial down half of a percent. the s&p down eight, nasdaq down 16. would you have a bright spot today. look at our pending home sales for the month of april and actually site search at three-point or percent. a 4% -- retailers and focus all day long with the new high. also seen abercrombie and fitch doing very well. that is up close to 11% on a better-than-expected forecast for the hollister brand as well. reporting at the bell keep an eye. decker game stop pacific somewhere all after the bell.

stuart: going for go pro with a new product which is a camera that debuts later this year in the virtual reality headsets. let's bring in dl bonn wilmington, delaware. would you buy grow pro stock right here. yes? >> i am not even a wilmington delaware. i am going to give you a big no for a go pro. i think the big thing about the announcement as they also announced a new quadrille and they will as well as the spherical virtual reality thing

that you mentioned, the setup that you mention. go pro hit their numbers. they did a good job last quarter. they have a great demographic. from an engineer's perspective my background in engineering i don't know that i love a camera company getting into the drone business as a core product and with no moat around the business. how does china to really have a chance to take a big bite out of them. they are not monetizing content yet. a big no for me. >> we got a loud and clear. new high yesterday at 629. kingdom of ration this morning. would you buy it in 625? >> it's a little rich for my blood. i have a hold on this one. if you have it in your portfolio already keep it. there's an upside here but not enough to tell you to put new money to work. the big upside story that they

got a good jump a few weeks ago. they announced they are in talks with law zoo a company in china 20% owned by ali baba. they have done a great job of growing subscriber 20 million global subscribers to go with the 40 plus million in the u.s. they've done a good job of growing the base but i don't think i see as these elevated levels to put money to work in netflix. stuart: )-right-paren wilmington delaware. see you again soon. and then we have got shazam. it is an app. use it to get the name of a song you like.

your app identifies the movie and puts all kinds of information on a cell phone. is that correct? >> that's correct. we partnered with disney for tomorrowland. you shazam the print ad and that transports you to tomorrowland and you can play games watch videos and brings the printed content to life. stuart: i can do that with all kinds of printed stuff. >> you can do it with anyone with partnered with. disney target levi's, hearst, time inc. we will continue expanding the list. when you see the logo with the shazam icon, this tells you as bad as shazam enabled and you can have an experience. stuart: disney is paying you for because you are advertising. >> this is part of an advertising arrangement. we will be getting paid by our partners.

stuart: are you paid for a look at the movie poster? >> we are still exploring different financial arrangements. it depends on the size of the deal. we are interested in getting as many partners as we can to really teach our users. stuart: when it comes to identifying fonts, audio, how many songs are identified each day using shazam? >> people shazam over 20 million times per day. stuart: good lord. do you get paid per identification of the song? >> our primary business is advertising so when you shazam there is advertising that they get paid for and we also go by the song or stream the song and that happened hundreds of thousands of times per day. stuart: you are the ceo shazam? an independent come in a private leung? >> i am highly motivated. stuart: would you sell for $100 million now?

>> no. stuart: okay. i get that answer from everybody. rich riley, ceo shazam. thank you. up next the men who make fish tanks for the rich and famous have their own tv show. how much would it cost for one like that right there. they will tell me in a moment.

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trade to take a at this. a saltwater fish tank made for how we meant well by the masters of custom aquarium, wade king and brett raymer. the brother-in-law team which don't las vegas acrylic tank manufacturing are the stars of the animal planet show tanked. guess what they are here with us. the howard mandel fish tank. first to you how much for the tank? >> the pricing bread does because i did the building. stuart: the price of the tank. >> that when complete with

$50,000. stuart: it has to be much more than not. >> the install fish a flat back had been resulted in his production studio. stuart: and the maintenance on this? >> some of the tanks of the tank suitability would have in-house maintenance. your pool guy or blonde guy would come in and take care of it. maybe twice a week. depends on the tank and the fish you have. usually around 1 dollar a gallon. you can cut deals with the guys depending on the sides of the tank. stuart: 1 dollar down to save benchmark. i want to move on to marchand lynch. his football i believe. there is his tank. didn't he want puranas in it or something? >> correct. he want to puranas at first but they are not legal in that city or state. for us to get it at that time we ended up going with aggressive saltwater fish. stuart: so it is not puranas

but they will do you. >> heiress and aggressive station there. stuart: i've got to ask this. do you make more money from the tv show or does take business. >> that's a tough one. the tv show helps the business. it is like a symbiotic relationship. stuart: overall. >> we do overall bigger numbers at the aquarium business. stuart: i'm very surprised at that. >> we do multimillion dollar's projects. we did a tank last season that was well over a million dollars. stuart: is that a private guy individual? >> -- i will do my best to make you more money. you have a new season starting. >> the assembly due tomorrow at 10:00 on animal planet friday night. stuart: you have enormous viewers for a fish tank shell. how do you do that?

>> we build beautiful aquariums and people enjoy it. everyone can relate to what we do. fish is a universal language. we like to see them and we make it fun. stuart: it is a good show, by the way. thank you for being with us. more varney after this.

>> yesterday, this is in switzerland the u.s. government, the fbi working with the swiss government to arrest several fifa officials hoping they will then give evidence that could take down the fifa president. if they can take down fifa that's worth not hosting a world cup in the u.s. down the road. i'd like to see fifa cleaned up, it's a dirty organization. stuart: he'd rather take down the president and give up the world cup? charlie gasparino's exclusive, we're the only one with video

of video of him arriving for a speech on the crash of '08. charlie has more on what fuld said and what he's been up to in the past year in the next hour. my time is up. deirdre bolton is next. deirdre: thank you so much. corruption in the soccer world and vladimir putin saying that the u.s. has other motives other than behind its investigation. russian criminals may be behind the irs hack attack. the latest and the warnings that it reportedly ignored. google taking on amazon with its new search edition. we'll tell you about it. government officials including britain's sports minister and the head of the european governing body saying he must resign. he's refused. and this is amid allegations of widespread corruption inside the largest world soccer organization. liz macdonald is here along