welcome back expecting a lower opening on that ppi report. and next on "varney & company," stuart. have a great weekend. stuart: thank you very much maria. how do you make tens of millions of dollars by quitting? ask the boss at switter. -- twitter. you know the story. dick costolo, and he made 14 million extra. there's a whole lot more on the twitter bombshell as you'll see it here. there's more to the hack of government workers. the personal information on every single worker may have been exposed. blackmail fraud, i.d. theft,

what a disaster. mortgage rates 4% and rising. this is a turning point and the re-fi rush it on. it's friday and as usual, it's a jam-packed show. "varney & company" is about to begin. ♪ ♪ rocking robin ♪ >> twitter stock opens in less than a half hour. we're all over that story for three hours, can you stand it? "varney & company." here we go. rick grenell and he's been hacked like everyone else. and joining us for the 11:00 hour. please look at this, golf legend gary player talking u.s. open and the future stars of golf. and cheryl casone is here with

me in new york. breaking news president obama unexpectedly headed to capitol hill to twist arms on the trade deal. he'll meet with democrats who are not sold on this deal. a little background here the democrats are split. there will be a vote on it in the house today. lots of opposition, including tammy bruce, i love this thing. i'm a free trade guy and you're not. >> i totally am. what i am is global governance and moving the country into a frame work that's like the eu. this is less of a trade bill and more of a governance bill. wikileaks revealed several chapters and a balance sheet for the rest. they note there are internet regulations in there. companies being able to sue countries and this is a very expansive frame work which is perhaps why they're keeping it secret. stuart: you're dead opposed to it, not for the reasons i thought. >> i am worried about the workers in america, the nature of where the jobs are coming from, but this is a problem and this is t.p.a. today.

this is the fast track for obama to where-- that they're voting on. why would we not want to put amendments on if this is a fabulous thing and everybody is okay? >> if you open it up everybody is amending everything. you can't negotiate with 60-odd countries when everybody at home is saying i don't want this, i don't want that. >> at least let's see it and be transparent. stuart: president obama arrives 20 minutes from now and he needs republican support. >> paul wright is in charge of that and apparently is doing a very, have he good job, but he needs to ask eric cantor what happens when you don't listen to your constituents. stuart: sarcasm is a low form. [laughter]. twitter stocks opens in 26 minutes. and when it cost dick costolo is going to make a great deal of money. 35 and change that's the close yesterday. likely to open 37.

how much money m total does he walk away with? >> a lot, believe me. i mean we were looking at-- we're going basically off the old zeb filings, the latest we have, equivalent of more than 8 million shares 1.2% of the company stock. that stock appreciated more than $14 million within the hour after the original resignation announcement. the more that this stock moves, the more money this guy makes. he's expected-- no severance, who cares? he doesn't need severance, talk walking away with millions of dollars. stuart: 8 million times 35, i don't know, $2 1/2 billion. >> it's amazing. he's running another company and someone again, talk about a nice way to walk out the door heck. stuart: i don't begrudge that. do you begrudge him 2 1/2, 3 billion. >> i love the free market i love capitalism this is innovation, great ideas,

entrepreneurship. the more we can make the better and i want everybody to be on the same road. i want it to work for everybody. stuart: i've got a buck says that he holds onto his stock until a republican administration lowers the capital gains and the ordinary income tax rates and then he'll cash out and pay a lot of tax rate. am i right or am i right. >> you're right. stuart: good idea. >> we had some moments yesterday and i have to make up ground with stu. stuart: this is much much worse than we thought. there are several reports coming in saying 14 million federal employee information was hacked. much higher than the original report. could be all federal workers. now of course, this opens up massively, potential. and i don't think we've got the grips with how bad that is to be honest with you? >> every single existing worker and a million former workers.

what concerns me now, we also would note this had been going on for a year was not noticed for over a year and was only caught when they were doing an upgrade to software. so it was accidentally caught. the question like any dynamic, what else don't we know? what else is happening? for me it really looks like a meltdown. when it comes to the nature of what happened within the government. maria: get this afrgs as if you'd never heard of it. >> what about the largest federal employee union for workers. the head of the union came out and said look in his opinion every single federal employees information is out there and it's not coming back to your point and relatives, friends, old college roommates. frankly the obama administration has not admitted the full extent. it's going on for years. stuart: we'll see. the corporate stories, the

hack, how about this. the plot thickening to the prison break story. the convicted murderers have been on the run for a week now. adam shapiro i want you to tell us about the lady who help them out out. >> this is 51-year-old joyce mitchell. according to investigators, there was something more between her and the 48-year-old is skaepee, the one who they call hacksaw. and a serial cheater, that she had several relationships with different men. she married him 13 years ago and according to the ex-husband she slept around with other men before hooking up with several others. not a flattering portrayal of her. they believe, the investigators that she might have been charged by richard

matt. and her son, haw comes to her defense. and dlashs details about the woman who said she had a panic attack. >> there's more on this later, thank you very much. and mortgage rates are more above 4%. the first time we've seen that this year. cheryl, it's going to be that there's going to be a rush to re-fi now when you can. >> i think that many people that were keeping an eye on rates going through the 3% specter, were already starting to plan ahead. you're going to see the contracts, whether it's a new home, a re-fi, you're definitely going to see it and it's going to keep up. we had a bad winter and a lot of the spring home selling season was kind of delayed and now it's kicking into high gear and most people know whether it's the industry or regular americans, people are smart enough to know we're not going to go back down.

the fed is raising rate. we've had 6, 7 years of really low and here woo go a new upswing writing was on the wall. >> it was good while it lasted. stuart: didn't you love it? >> i did. i've got to tell everybody again, the first house i bought san francisco 1978 mortgage rate was 12% and i got a bargain. it's assumable loan whoa it's great. >> buying in those carterors. >> lauren has it all. >> i want to know how much that house cost though if the rates were high. stuart: it was $60,000 and this was in san francisco and 23 months later we sold it for $108-5. i was a genius. >> i'm angry right now from someone trying to buy a house. apple the store workers are suing their company telling tim

cook they're treated like quote criminals. their suit alleges they were not paid for time waiting as managers searched their bags and feel embarrassed having their personal items checked in front of customers. police in san diego taking down an organized crime wrong behind $100,000 of stolen toys legos and disney frozen items from toys "r" us. police say the toys are in big demand on the black market especially the legos, they can go up to $500. and eggs a dozen slg-- selling for more. i said $4 yesterday. >> president obama is going to capitol hill and arrives in 20 minutes. he's going to meet house

democrats right there. and twist arms to get a fast track trade deal going, cheryl? >> this has the potential to blow up. this is why the president is going to capitol hill it could get dicey or over at 1 p.m. eastern time. this is actually something last minute and very intense. i don't think the president or anyone expected it to be like this on the hill. stuart: if that deal is rejected, that's an upset for the pleasant -- president and his agenda. >> the economy needs it. the west port and asian nations. >> your comparable to the left is saying to forget about it. >> we can work on it the defense are against it and it's unique situation for president obama. 9:30 he meets with the democrat. there's another report what's going on herement big deal. twitter's chief costolo.

seven down. was he really that bad at his job?

>> the president is on the way to capitol hill. he's going to meet with house democrats and trying to convince them to vote for the fast track trade deal. even though no one knows what's in it. we'll have a live report trying to twist arms. it's vital for the president that vote it's today. lieutenant general a decorated green beret. he's under investigation from the army. after he told his congressman a dysfunctional bureaucracy was preventing the hostages held by terrorists. listen to what the colonel said. >> i'm before you because i did my duty and you need to ensure

all do the duty without fear of reprisal. stuart: did he expose president obama and his lack of a plan to rescue hostages? he's with us the 11 being hour. to the twitter deal here is charlie gasparino. you know about this was costolo a big failure as a ceo? >> he was a failure by wall street standards. some people say we don't need wall street. we're the center of the universe. when you're here there's someone to hold the keys to the kingdom. those investors those people many are kids basically said this guy was not doing the job and they tagged him and the stock has never recovered from the high it was after the ipo and that's it. he did not instill confidence that he could run that company

on wall street. stuart: what's all the talk of somebody buying them? >> there's always talk about someone buying them. i think from the minute he didn't look like he knew what he was doing, and there was someone talking about buying them. i think they put new management in try to make a go of it. if that doesn't work they will be bought. stuart: it's not really the customers. the gamble is they could get redo the company and measure up to facebook. >> facebook did it and the one problem that twitter has, it has less of a bench. facebook had a wetter c-suite bench. twitter has sort of upper, middle level managers wiped out and a lot of change in that so facebook had a face and when cheryl sam berg came in number two to mark zuckerberg she has a base to work with.

i don't know if they've got a build it or sell it it's a question for twitter, is twitter netscape right? or is twitter something that could be google? i don't know. is it sort of a part of evolution of social media or is it something that's transformational that can make money like google is? i don't have that answer and that's really what management is going to-- >> that's what every investor is asking right now and they should know. >> that's the question they're going to be asking after watching us i don't think you get that on the other-- >> oh aggressive action there. thank you charlie. i'm going to washington blake berman is there. >> the president is expected to be here in the capitol in about the next 15 minutes or so ahead of these very crucial trade votes. just to give you an idea how rare this is for a president to come here and meet with lawmakers he's meeting with democratic lawmakers, the last time the president did this

right before a vote was back in 2010 in the leadup to the health care vote. he hasn't done something like this in some five years. the votes today are for the fast track authority that would allow the president to negotiate ttp, trans pacific. and before it gets to t.p.a. there's another vote. two votes that would get to tpp if the president has his wish. he's expected in minutes. stuart: by the way, the president did surprise everybody by attending a congressional baseball game last night again to lobby that trade deal. next case iran giving records and money to the taliban to find isis in afghanistan. can you explain this? we'll try. and check this out, a boeing 787 demonstrating a near

vertical takeoff. >> best video of the day, honestly, i love this. >> this is the tease for the plane's appearance at the air show. 787. it can takeoff vertically. >> we're going. >> that's it. >> we're on our way.

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to capitol hill please president obama arriving that shortly. he'll be walking through those doors any moment now. he's going to walk through and jawboning democrats, the vote is today. he's desperate. sandra, he's desperate because he rarely goes to capitol hill. sandra: the white house has a frantic campaign to save this trade deal. it's on the brink of failure. it's a highly unusual move for the president who potentially save it. stuart: you're right. he's only there about he had the votes. if he doesn't have the votes. >> they don't have votes and where are part lines? it's fascinating. stuart: he should surely get

the republicans' support. >> he can't get the democrat votes and even some believes r pushed back. stuart: i'm a free trade guy, i'm in in favor of it. some say don't do it it's a world government thing and authority. >> this says community just like you stu, they want it passed. stuart: free trade they'll go for it. any moment the president will arrive ap you will see it. his arrival is imminent. again it appears to be a desperate move on the part of the president. we'll take you there in just a moment. ♪ ♪ ♪ (charge music) you wouldn't hire an organist without hearing them first. charge! so why would you invest without checking brokercheck?

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>> all right. stock market is about to open. you're looking at capitol hill. the debate on the trade bills, plural, as just started. paul ryan the republican he has kicked off this debate. at the moment they're debating whether or not to give funding to workers who are displaced by a trade deal. that will be the first vote. that's what they're talking about right now. the president is on his way. i don't think he's arrived yet. when he gets there, he's going to be twisting arm and twisting the arms of democrats who largely oppose this trade deal. they don't want it. organized labor does not want

this trade deal. a lot of democrats following organized labor and the president want the other way. he wants fast track and wants this trade deal: it's part of his pregnancy so the huge fight and the president is in the middle of it looking find of desperate. the market let's get there. the opening bell is ringing and trading and trading lower. we're looking for lots of maybe, 60 65 70 points by the time we get going here. opening on the down side. the trade deal nothing to do with what's happening on wall street at this moment. it will have something to do with it if that trade deal is rejected or if later on today, it's accepted. that could be a market mover, but not at this moment. and then we've got twitter. there's news on twitter and i think you know it. it just opened for trading, 36.83 off about 2 and 3/4 of a percent not much now that the

top guy, tom costolo is out. and scott shellady you've got 20,000 twitter followers, dare i say it's easier for you to make money from you than it is for twitter to make money out of you? >> yes, and i think that's the ceo they've got over 300 million users and that's why they can't get this thing going. ultimately whom ever is in that job is going to have a difficult time monetizing it and $24 billion-- 24 million? i think it's more like 5 million. it's hard for twitter to monetize themselves. the next ceo is going to have a difficult time. stuart: i take your point. that's a problem, monetizing the followers. another one is called the trolls.

sandra, let me see if i've got this right. there's an awful lot of invective on it -- twitter, the trolls should be calling you-- they are should be called bull horns hey, you're rotton. there's the nonpaying users and paying users. the ones want to get to the ones on twitter. the average time that a tweeter spends on the site 17.1 minutes a day. when you compare that to facebook it's far less. so twitter is having a problem not only getting, you know on the growth side getting more users of their product, but actually getting them and keeping them on there for a sustainable amount of time because that's what the paying users, the advertisers would want to see. stuart: if you've got the trolls jumping on board with the negatives. it's bad stuff.

sandra: it keeps people from being on there. >> promoted tweets that's supposed to be the driver and who reads the promoted tweets. you fly through them as a user but i'm not paying for that. stuart: let me introduce you to charles payne, we look for at payne effect that is when a ceo steps down or kicked out, the stock moves. we don't have that bigger movement today, costolo is out only 3, 4%. >> the initial move was, the so-called payne effect. and i think that tom costolo didn't talk wall street. he had the silicon valley sort of thing. even when google went public there was a point when google was breaking down and do everything different. they didn't need wall street. sooner or later you come around and understand ultimately you need wall street to buy into your business. once they do a lot of good

things happen with your stock. >> the money guys are buying in whether you like it or not. >> they determine your future. >> you've got to grow up. you can't be the guy with the hoody or the t-shirt. >> and google went up and hired eric schmidt and happens over and over again. stuart: they're up 3.7% $30 a share on twitter, not exactly a pop. every investor is thinking can they turn it around? >> every investor is thinking hey let the takeover happened this weekend. forget about it fixing and making money. every investor-- the stock as 53 a deal was eminent to google. new york times put out a piece, it's not going to be imminent that took the bloom off the rose. stuart: come in john layfield.

you say the company has been liberated. what kind of company do you want twitter to become? what kind of company can it become? >> i think they're headed the right direction. the question is monetization. and charles was right. the problem was follow through and everybody is going to muhr muhr-- meerkats and periscope. nielsen is factoring in twitter, but the question is how do you monetize 300 million users and once you take out the ceo the problems are there. the in ex-- next guy may come along, but the whole thing is monthization. >> you'd love to takeover wouldn't you? >> i think it would be fantastic. i don't know about the $24

million market 2 billion and cash and a takeover would be for this company. stuart: i want to update our viewers the president en route to capitol hill going there to twist arms among the democrats who he wants them to favor and vote in favor of his trade bill which will be voted on today. most unusual. he's on his way to twist arms. i don't think he's been on capitol hill in years. but he's there today. come in nicole please i want to get back to the social media stocks other than twitter. how are they doing? >> the dow is down 62. take a look at names we know well, facebook yelp angie's list, facebook was giving a go and yelp was trying to give it a go. slightly to the down side. we should follow twitter, up higher today. and users, facebook has 1 1/2

billion users and twitter 300 million. slightly to the down side and by the way since costolo had the ipo back in november of 2013, the social media group and the s&p clearly outperformed twitter's performance. stuart: you've got that right. to the big board. we're down 60 odd points. angela merkel in germany is less optimistic about a greek deal. it goes one way and goes the other way. here we are today, there we are tomorrow. >> because there's no discussion. there's no negotiation. greece isn't negotiating anything. >> this market is tap dancing to the greek drummer. look at netflix, we like to look at netflix, this is a horse race stock. remember its all-time high 692 661 right now on astonishing netflix. store workers say that tim cook treats them like criminals, the word that they use, subjecting

them to bag searches. now they're suing. so sandra why doesn't apple get boycotted because it searches the bags of its workers like wal-mart is boycotted because they search their workers' bags or whatever they do? >> it's an obvious question stuart. no it's because people are addicted. they don't care about the inner workings of the company or what tim cook may or may not be doing. but this is according to an unsealed e-mail part of the lawsuit filed against apple in 2013 and alleges that apple store employees were not paying wages for time spent waiting while they checked personal bags for stolen items before they left the store. stuart: boycott. i'm joking. and slippage is a problem. shrinkage the technical word. >> that's a huge problem. only in america do retailers suffer more theft from their

employees than from people coming in the store shoplifting. that's a phenomena here. stuart: ugly. i've got a number for you, household wealth in america reaches 85 trillion dollars. a lot of that i believe is home prices going up and the stock market. sandra: isn't this in stark contrast to some of the commishing numbers we get out on a daily basis. if the american family had to come up with-- >> $400. the left is going to jump on it. >> the original number came out and the left jumped on it. and this is the same as my show, ownership. 490 billion with the stock market. and ownership, your money's got to work for you, it's got to work for you. stuart: you've got to save it and put it aside. >> and then put it to work. it's something everyone can do

start small. either way, owner something. sandra: by the way, that's not happening and when you look at the millennial generation every recent study and report showed that they're evening houses less and less than previous generations. they're not saving like previous generations and not even owning cars. >> they're starting to spike, they like business kind of like business, kind of like this idea of opening on the website. sandra: creating an app. >> they're trying to get into it that way and i think that's a glimmer of hope. stuart: you're no longer a spin-off of "varney & company" and you have a show of its own virtue. >> making money with charles payne. it's like the wheel of fortune, we have something for stuart varney. stuart: i have a wheel of fortune i never get the puzzles right.

>> would it offend you if i said it doesn't shock me. stuart: it must be friday. watch out we're down over 100 points. i don't know whether it's something to do with angela merkel saying we're not optimist take about a greek deal, but we're down 101 points. charles. >> i think it is we were off 100 yesterday and latest out of greece came and put the rally in half. we talked about them not negotiating, but they're negotiating. unfortunately it's in the press and it's name calling and threats in the press and that's the worst kind of negotiations. >> lets me ask you this if over the weekend we got news that the greeks are out of the euro, get out of here son, i coined that phrase, what would happen to the market. >> knee jerk reaction would be to the down side and immediately everyone would look at italy, portugal spain, your move. stuart: if announced over the weekend everything is rosie and there's going to be a deal the market goes up?

>> i'd love to. sort of equated to a drummer. >> and i want to announce to everybody. look at the doors, the president arrived at capital hill and when he comes through the doors, makes an entrance he'll then go on to meet democrats and he's arm twisting, he really wants to get this trade deal passed. he needs democrat's support in the house where the votes will be taken. we're watching. this is an unusual event, the president going to capitol hill. he's not known for this not known to be close to members of congress, but he needs them. he's desperate and he's on his way-- he's arrived, waiting for him to come through the doors as of right now. charles, i don't think i've asked you about the trade deal. if he gets it and the deal goes through is that a plus for the market? what do you say? >> it would have been a plus

for the market, but the market likes this kind of stuff, but the transparency thing, how many times have we shown nancy pelosi, who wants to pass another piece that gives power to the president without reading it. a lot of people saying what did nap napta do for us. in the next hundred years, they're going to dwarf america, we want to tell sell them things, but will we want to. >> and chad is noting how rare it is for the president. president obama similarly came to the capital not long before they had the first version. stuart: trade deals on the work this morning.

blake burman waiting for the president to walk through, what's the latest? >> he's about to arrive here in the capital and he will meet with democrats here in the office building. this of course is had final push that he meets with democrats immediately before a vote. this is one of his signature pieces of legislation, at least it would be the trans-pacific partnership. the push has been ongoing from the white house not just today yesterday, but yesterday the president was at the congressman baseball game and the crowd was chanting t.p.a. stuart: hold on a second. i'm told it's the republicans at the baseball game chanting t.p.a., t.p.a. i don't think that the president has many democrats on board with this. it's an unusual situation. republicans largely favor the bill.

democrats largely oppose it and president obama is a democrats. >> it's one of the situations where he has a majority of republicans on his side. i was talking or e-mailing back and forth with a g.o.p. congressional aide who told me at this point the democrats when asked if they have the votes said it's very much in the air. they need about 200. the president does 200 republican votes ap they're hoping to get about 20 or two dozen democrats' votes. 10-1 there. stuart: that would give him 218 votes they feed. rick grenell is standing by. previously worked at u.n. for the united states. you know a lot about this strayed -- stuff. >> why does it have to remain secret? rick? >> that's part of the problem,

the democrats are furious that the president is trying to negotiate in secret. representative allen tweeted on the news that president obama was coming to capitol hill and the democratic congressman tweeted out, now you want to talk, mr. president? so the democrats, the president's own party, they're furious that this is secret negotiations, that the president has been unwilling to talk. this is his own party. we talk a lot about the president having problems here in his last days. i think this is an object point, the trade deal should be a no-brainer especially with the republicans in the house and senate. >> we're told that maybe immigration is in there. i don't know if it would be in there. i'm told its, can you confirm that? >> i can't confirm that. i've heard the rumors and i've

heard that the whole piece of legislation is just loaded up like a christmas tree and that's why when people go into the room to look at the classified version, they come out of the room very skeptical. it's not just about trade. the bill the way it was written was really a whole bunch of issues were put there. i think if they just stuck to a free trade, global trade type of agreement. it would be much easier. stuart: i'm told that the president will have approximately hour hour and a half to twist arms to get minds to change. that's all he's got. he's kind of up against the wall. charles payne is once again with me. when keith ellison was speaking, you were shaking your head. >> here is the thing, i don't know that the democrats are upset about the secrecy as they don't want trades they thought unions lost a lot of jobs.

and they're against free trade. elizabeth warren they stepped up to her, she was kind of-- she wasn't vigorously pushed against it and another defacto showdown between elizabeth warren and president obama on full stage. >> and bernie sanders against hillary clinton. running against the president. he says hillary clinton must make her views known now. we want to know. >> any moves that he makes, think of the morass right now. and they can take an hour two hours to delay everything. he's twisting arms and you're saying. does it rurt -- and the president is there lobbying democrats as we speak. >> very rare. >> will the time frame be

pushed back to give the president more time to speak to the members of his own party? >> the joy of congress and your taxpayer dollars at work when this kind of crap hits the fan, i'm sorry. and this could go well into the night. i mean and this is where-- this is the kind of day we'll be seeing on capitol hill. stuart: finally, i find it exciting. i'm a free trade guy, i want it to pos, but i'm ambut-- >> somebody is in my ear, who is that? >> this is rick. you brought up the policy issue. hillary clinton is clearly the democratic front runner she hasn't taken a position on this piece of legislation. you see the left attacking president obama. you see the people on the left hard core democrats saying the president of the united states is not far left enough.

hillary has a major political problem here which is why she's staying on the sidelines because she cannot do not do anything in the primary unless she comes out and says i'm against this deal. sandra: they were leaning on nancy pelosi and she-- >> the president was asking her do this for me please please of the can i show the big board, down 115 points and we've been saying it's because angela merkel is less optimistic about a greek deal. i'm wondering if the problems for the trade deal are affecting wall street? i'm throwing that out there, boys, just throwing it out there. wool he a -- we'll be back in a moment. the dow is down 118.

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>> continuing our breaking news coverage. president obama arriving on capitol hill. he has an hour and a half or maybe a little longer if they push off the vote. he's there to twist arms convincing members of his party, house democrats to vote for the trade deal. i'll use that word again, he's desperate here. he needs the votes. if the trade bill goes down to defeat he's got a real problem with his legacy.

we'll move on for now. it's the gadget that techies have been waiting for me too actually. virtual reality goggles go on sale early next year. mark spoonhaur, we're talking about the oculus the thing that goes around your head like a helmet. you've used one of these things. >> i have. >> they'll go on sale you've used one. >> it goes on sale 2016. the experience it like consider yourself being in an action movie. it's a full 360. if you're playing a shooting game you can see an enemy to the side or a virtual fewer, i saw a helicopter above you and it makes you feel like you're in the backs. these will be brought by what i call early--

>> at first it's all about games. they showed off new touch contollers. one of the problems with virtual reality, you put it on your head it blinds you to everything around you. and now you'll be able to see and react to the slierment environment. stuart: i know that . >> and they're going to bundle the controller and stream games from xbox 360-- or xbox one to this headset sometime next year he's not going to have the full 360 experience, it will be more like a seater experience, but it's good news for moth. they're hedging their bets. they have hollow lens. another one that they have and backing oculus so it's good for them to spread their bets. stuart: may i ask a question

did you get sea sick from this? i do i'm all over the place. >> early, early on there were people that tried it and they've been working on it since then. the last one i had it was immersive, but i never did. stuart: did you take something before? tom is the nuew head of redeye. 's he going to read some mean tweets that could be a problem for twitter. and there's a corporate logo on the nfl jersey how does he feel about that? i'm sure he loves it he gets paid. this is a remarkable financial show, isn't it? varney is two minutes away.

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here's big stories this hour. president obama goes to capitol hill to lobby his own party. we don't see this very often. he needs support for the trade deal. a vote on the first part of the deal expected in about 90 minutes. the president though could push that back if he is still making the case on capitol hill. following twurt, of course, opening higher after the ceo stepped down. a twitter ball is here to show what he wants to see that company do by the way. look who is back emanuel. a lot of nfl players his age are retiring. will he? yes, the second half i'm sure second hour of varney & company. it starts now. [laughter] >> as of now welcome the house is debating the first part of the trade bill welcome it is the

president's legacy on ptd line. blake burrman, capitol hill the latest please. >> arrived at the capitol about 25 minutes ago he's now meeting with democratic lawmakers. this is the final push to try to get them to support the fast track trade authorities for his 12th nation trade deal. time line here is most certainly push become as president meets with democratic lawmakers. the vote was supposed to happen during the 11:00 hour. now we're hearing this will happen between 12:15 and 1:15 so we have two to three hours here top it appears to convince lawmakers. just to i want out how much convincing he has to do stuart all they're trying to get democrats, is about 20 or two dozen or so in total. there's 80 plus democrats and trying to pick a dozen. >> if he gets 200 republican

votes for this first part, this pierces bill, add that to say 20 democrats you've got the magic number you've passed 218. so you're okay. but down to that smaller number of democrats who will support the president. that is extraordinary. we'll be back to you in a second. liz mcdodge question why do so many democrats oppose this trade deal? >> saying it will be lost to south korea and vietnam that trade bills have decimated u.s. city leak detroit and baltimore and nancy pelosi is saying not enough in the way of climate change of course in the trade deal. >> excuse me, excuse me not enough climate change in the trade deal? >> she wants more on climate change in the deal. that is news i did not that he. astonishing. every single thing that congress ever has to deal with is run through the filter of climate change. >> yeah by the way everyone has to read this bill. not everybody has on capitol

hill. >> yeah. you can't do that. i don't think -- cheryl am i right that that is why so many republicans oppose fast track? because fast track imposes secrecy. you cannot read this thing. >> they want to open it up to have a full discussion about it and go through it page by page that actually makes. i think it makes sense. >> you can't gerkt a trade deal with 100 other countries you've got to go to all of them and say well you know maybe when we get this back to capitol hill they'll object to that amendment or put this amendment in. you have to negotiate trade in secret or you can't negotiate at all. >> but they can't help themselves this is congress. why they have the approval ratings that they have because of things like that. america can't -- >> what does it do if it doesn't go through? >> president legacy depends upon republicans. democrats now too. >> ain't that something. look at the big board down please 80 and now 87 mixed

reasons for this drop. by the way look at this dow 30, where are we now only got this one of them in the green, that will be caterpillar. couple of reasons for the decline this morning,ing angela merkel less optimistic about the greek deal. to degree maybe hurting the market, maybe closeness of this trade vote that too might be hurting the market. >> rally, though this week. overall a decent week for the stock market. >> i want to get to twitter. stock sup not much now. it is look at that only up 70 cents it was up 5% late yesterday. after hours trading when it was announced that dick was stepping down. bring in izeia ted murphy. i know that you were a twitter ball. right there ipo you love this thing. do you love it now? >> i still love it. i think that twitter still has a

tremendous amount of opportunity ahead. they continue to innovate. they have just delivered par are scope recently when is just on fire people are using that all overrule the place, and really what the guys need to do is i think that they need to look at what really created twitter in the beginning. >> wait a minute -- wait, look i'm with you. i do understand. but what the market wants to see is a plan from twitter to monetize the 300 million users that 300 million users i should say and in some way get more users to use it more and compete maybe with facebook. that is what they want. and they'ring loo at this company, can it perform? if it can't they want it bought out by somebody else and they want somebody to come in to make them perform. that is what they want. >> yeah, well you've got 700 million users that have turned so that is definitely a big deal.

question is why have they turned? >> they say 700 million users have turned. what does that mean? >> have turninged correct. >> no longer active. >> that is a disaster. >> it is a disaster. and i think that part of that really comes back to the ecosystem. you know when twitter first started, it was a haven for developers and there were all sorts of bird party applications, and people using platform in a unique way. over time twitter started to march down this road of becoming a public company and really focusing on revenue. you know those things were kind of systemically shutdown and that really upset a lot of people and it caused them to turn away from the platform. >> what else is upsetting another reason for this churn. the 700 million churn. the vast amount delivered via twitter. and it gets really nasty stuff

88% online use ergs on twitter people don't want it. they don't want to stream vulgarity all of the time they don't want it. they don't want it. [laughter] >> hold on, hold on. twitter's defense here all the major networks are on twitter all of the major celebrity, personalities are on twitter. so there's certainly value in this platform. and i think that the engagement fact that all of these conversations are happening publicly. that is what makes twitter great. we look back to like the ran spring all of that stuff was towered by twitter and by social media and so ting that they really just need to look at what has made this company so great to date? and maybe we need to inviet people back in with open arms and figure out how to third parties create a real partnership and ecosystem where

twitter can generate more revenue so can those partners. >> beaters come up with answers because that stock is right now virtually flat which implies investigators are skeptical. ted murphy everyone. thank you indeed for joining us we do appreciate it. thanks ted. i have fresh tape arrived from capitol hill this is the president arriving and his president obama arriving, now this is unusual. you think we have to mac the point here not every day that president obama visits capitol hill. in fact it is not every year not even every half a decade. >> i love seeing nancy pelosi bracing president and mouth going like this these explaining to do as to what is going on. i'm sure he lean on her and trusted her to get democrats onboard. >> together request nancy pelosi saying look you run the democrats in house you beaters see things my way. i need this thing. she's sort of saying i'm not sure mr. president that we can come through as liz said we've got -- not enough climate change. >> yeah, a lot of these

democrats are going to face reelection with the president's approval rating not to hot we're about u.s. jobs this trade deal is not. >> you sought president quack in i'm sure as of right now he's jawboning use any cliche you like he's leaning on the democrats he wants their support. not the only story in town. lauren has the rest of them case you missed it. >> 4% but first time all year big test for housing market, and higher rates could slow refinancing activity as well. this story is incredible über drivers are logging a million lives day in china. and they're only doing business in 11 cities there. that is as many rise as logs in all of its markets put together. it is also impressive because über has a lot of competition in china. guess what, dinosaurs are back.

jurassic world a block bugser for universal but blasted by paleontologist who say that movie distorts how dinosaurs really lived like t-rex can't see you if you stand still and try to say this, raptors they can open doors in the movie. we'll have more on all of this nexting when you talk to dominic patton from the motive site deadline.com stuart. >> relax lauren it is fiction. [laughter] >> the movie you know this is live television but that is a movie. okay. >> i get it. i get it not going to see it even though it is a fourth installment of this popular series. >> i want to take a moment to found a story which we have covered gavel-to-gavel this morning that is the trade bill. look i'm not going to make the case that the trade bill make an enormous difference to i have any of you in the distant future this is a political story. all about a president fighting

for legacy and because most of the people in his party oppose this trade bill. that is the fast -- >> it is. by the way, by the way -- i'm sorry. i'm sorry, hillary clinton is going to launch her campaign for the presidency i believe this weekend in new york city. she's appeared this morning in public. she should be asked where do you stand on this trade deal? >> because here's the headlines coming out of this, hillary clinton and the president has been about income equality been about raising minimum wage. watch this with this trade deal, vietnam will now be the in the trade deal an get 56 centing on hour. malaysia 40 cents on the hour almost as many in places look other asian countries how do you square that with your demand for higher mj minimum wage trade dial through lower fade individuals. >> banner saying ask hillary that. that -- please. all right let's get to that

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>> we showed you video of president obama arriving on capitol hill first time he's been there in years. it is all it be trade, the president desperately needs democrat support for his own bill. we're following this one, it is a horse race where they get the votes. and then we have former imf chief dominique strauss-kahn acquitted of pimping. why on earth would a man of position do this kind of thing for? >> he said he needed to relieve

stress and had outlet of recognize ration busy saving the world with a hectic life and needed to go to sex orgies and shown in court to refer to women as life stock and equipment. >> he said this? >> that was in testimony over last four years this is a four-year trial. >> this man could have been the president of france. >> yes. flts he was the guy who ran the ims. >> a powerful organization -- >> incredibly wealthy man and needs to relieve stress with prostitutes? >> he never explained himself like why he needed to go to repeated orgies with strangers with women and they were group orgies as well. not into the details because we're g-rated. but you know testimony was heroing a story of power, money, fame and prostitutes. they could never prove that he paid for prostitutes even though they testified in court that they were having sex with him.

>> wonder how he felts now having thrown it all away. >> men like this don't care. he's proven himself to be one of the most arrogant violent if you go back to knox in that hotel room with that maid first time when he was running to hear dsk like a big story here in the city. he's a predator i'm sorry. >> here question go. >> just saying. sorry. >> i have to get to the federal data breach it is catastrophic. a federal union says it is much worse than we thought. alleging that hackers stole the personal data, social security numbers for every single federal employee that will be 14 million workers. senior security strategist at fort medicine joins us now. i just used the word catastrophic, disaster am i going overboard here. that is the way it looks to me. >> absolutely not this is one of the largest data breaches in

history. more records stolen and more personal information is out there than ever before. the fact is that this didn't need to be. it was stored all in clear text. we have regulations that businesses need to follow today, every day to encrypt data to make sure when leaks happen that this information is not easily accessible and goth wasn't fallen. >> i did not know that this information had not been encrypted because you're dead right. leak any private organization encrypt use don'ts want the liability lawsuit but the government did not encrypt this kind of information. what could this information be used for? other than fraud and id theft? could it be used for blackmail because you have government workers with security clearances who have now been hacked. >> absolutely. i think we don't know all of the stuff that can be used for. it is so massive and little information that has been released on how widespread this attack was.

so wait and see kind of game right now. >> is the solution encrypt all governments information that simple encrypt it? >> no, with it is not that simple but that is definitely one of the basic safe goordz they do with sensitive data. security is not a silver bullet needs days but they're basic steps werktd all follow. >> but you can encrypt to the point where you can't penetrate the indescription. you can do that i think. >> good encryption is difficult to break. now granted you know state nations with very sophisticated consumer systems may be able to break that but make the job very, very difficult. >> i write in saying there's no way you can get the genie back in the bottle and suck it back in again and take it off the bad guys qhof stolen it. can't do it. >> unfortunately not once informs is out there. it is out there just like you know whe with say that --

inproarpght comment on facebook and we wish we could take it back. we can't. it is the same thing. [laughter] a catastrophic breach sir thank you for joining us thank you. get this, one of the biggest names on wall street accused of sexism that is for telling elizabeth warren that she knows nothing about banking and victim of man where men explain things top women in a patronizing way. time to go big or go home looking at some of the hotst properties across the country. would you blow a million in maui or miami? doing the research and more varney & company in a moment. [inaudible]

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mutual insurance. ♪ snots >> say you have got a million dollars and you want to buy a house. what can you buy in maui for a million an miami for a million? cheryl has been looking at both locations. what do you got for million in maui. >> both of these are con dose by the way so you have your choice a two bedroom three bath kond min -- condominium look at the picture that is key with a sense of the views that you get from this condominium it was built in 1992. original own owner sold in the '99 this bought it for 425 selling it over a million dollars in maui. look cost of living is more expensive than in hawaii. excuse me in miami. but you do get i will say this is a beautiful condo. maui blew up in the last ten

years. >> you don't need heat or air-conditioning. same temperature all year round in hawaii. a lot of people the reason i'm doing this by the way people are looking per second homes right now because of interest rate situation. miami for a million bucks. >> also a condominium take a look at what we found 1800 pretty oak avenue. a condominium high-rise. >> top or bottom one? >> this is -- that is a 2407 so 24th floor. in a high-rise building it is three bedroom two and a half bath size wise, it is comparable and you do get that actually on the bottom of the led building not the view from the condominium itself. this was built back in 1998 newer building than the other one. for the big condo more than $1200 a month you get air-conditioning you need that in miami, obviously. but again, another smoke and deal for the seller.

>> liz i would go for the miami million dollar property on the growppedz that it is closer not retired so i can't take time off and go for a weekend you would go where? >> other cities in florida. >> i would go actually for hawaii because overall hawaiian real estate market has lagged the rebound that rest of the united states has come around. so from a financial perspective i think longer term sell potential in hawaii than in miami. all about the benjamin in real estate. >> you were a former flight attendant therefore you want to go to maui. >> discount airfares. >> used to fly for free. my parents so upset when i get the article because they couldn't take free flights anymore. [laughter] [inaudible] thank you my mother likes you very much by the way. >> glad you are here. a bombshell from twitter that would be the sudden departure of the chief executive. leaked memo show he was concerned about so-called trolls

that is online abusers who scare is off others from the interpret. one person is used to getting a lot of those mean tweets is tom with red eye. he joins me next. >> we have the house spot on. this man cries more than me and i'm a wreck most days. well, get over it. ♪ ♪ nancy pelosi looked like a orange sherbet right now on c-span. standing too close to john boehner?

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thanks for calling angie's list. how may i help you? i heard i could call angie's list if i needed work done around my house at a fair price. you heard right, just tell us what you need done and we'll find a top rated provider to take care of it. so i could get a faulty light switch fixed? yup! or have a guy refinish my floors? absolutely! or send someone out to groom my pookie? pookie's what you call your? my dog. yes, we can do that. real help from real people. come see what the new angie's list can do for you. >> president obama is on capitol hill, meeting with house democrats ahead of the vote on the trade bill. vote will be today he's scram mabling to get members to get the bill. exciting political actually will the president get support from his own party in so let's bring

in congressman kevin a republican from kansas. congressman, how are you going to vote on this? because i can understand you may be a free trader but votes against this because it is so secretive. where do you stand? [silence] okay. i'm sorry congressman, obviously, he cannot hear us. we'll try to fix up the microphone and that thing so he can hear exactly what is going on. i want to digress to liz for a second because you raised a very important point. i talked about the secretive nature of negotiations on the trade bill. and you said that maybe there's some climate change stuff in a trade bill. >> and also climate change starts with nancy pelosi wants, in fact, it is such an issue that nancy pelosi apparently was sing a block to passage of

the trade bill so much so that white house sent officials to sit down with nancy pelosi to get her onboard. also krns about how will the trade bill be pay the for and be financial cuts as well. we have to watch those lines for you. >> kevin republican kansas can now hear me. congressman, fibsics look republicans are free trade guys but i can understand you voting against something like this because you don't know what is in it. you don't know what the president is going to chuck into it and then have you vote on it blipped. where do you stand? open up markets to sell goods from small medium size businesses we need to open up markets to raise wages so i'll support tpa this morning because i think we need to give the president the authority to negotiate this deal but that does not mean that i've agreed to support the tpp actual trade deal itself. we're going to have to still look at that give that fine

tooth comb. >> you'll find out with this tpp actual trade bill you will find out what is in it. so you can figure out whether it is a good deal or not you get to see it. >> one of the best parts of tps is that it requires to put the tpp online for 60 days let varney show slice, dice it give us an opportunity to figure out what is good and bad about it decide if it is up or down. right now held in secret. public can't read the deal so this is about getting -- you know, the public welcome the disclosure and information they need to decide as well. >> how do you feel about other issues being dragged into a genuine trade bill? i mean, climate change. we hear that nancy pelosi wants more climate change element it is in the trade deal. what do you make of this kind of thing? >> well i think it complicates the matter and i think it adds issues that don't deal with the trade deal but an opportunity

for the president needs to pick up votes trying to get things democrats what they want. not going to support those kinds of things. >> going to explain that yes you voted with a president to get a trade deal through. how are you going to explain is this? >> even a broken clock is right twice a dayage the president has i think embraced. we we believe it will help kansas farmers and small an medium size businesses they don't have support for themselves to open up a company in an asian country but they need it open with a trade agreement. so important for ons at home for wage increase advancements at home because trades are 8% higher and want to find jobs that america is related to trade. good for jobs in kansas an on the right track for once on this. >> express the genuine feelings of many, many americans which is

yes, trade is good. but chucking in're other elements medicare climate change you throw all of that into the pot yet we don't trust that kind of trade deal. i think you've expressed it very well sir. >> we don't trust that kind of trade deal that is why with this t pennsylvania puts requirement on the president an putting this down he knows if he brings a partnership deal back to congress that has a lot of those liberal wish list items in if we're not going to approve it. he has to move through a conservative house and senate and won't happen unless he adheres to the confine today. >> what a pleasure thanks for joining us. go vote see you later. thank you, sir. >> i want to show you big board with a selloff down 140 points now taking the dow below 179. i just wonder if doubts over the trade bill whether it passes or not i wonder if that has

something to do with this selloff. i don't know but i'll tell you this all 30 of the dow stocks are down. back to the big story, twitter ceo dick castillo stemming down, one of the reasons was twitter trolls. look at these are people who sending out a lot via twitter nasty to people on twitter. here's what castillo has said about this in the past. a direct quote. we suck at dealing with abuse and trolls. we sucked at it for years. went on to say we lose core user after core user but not addressing issues they face every day. you know who knows a thing or two about twitter trolls? bad stuff coming at him because of twitter. red eye host tom with us right now. well you do don't you? >> i guess i do every since they announced i was the host. >> it is a problem for twitter. we heard earlier on the program

700 million users who have come into twitter and then left twitter in part because they don't want all of this negative stuff. but that comes at them. >> use that to their advantage. twitter is a place for the cowboy of the internet. i like twitter because people are being honest. so you have to ignore bad and you know i retweet the good but ignore the bad stuff. >> i'll give the audience a samplet bad. here's one mean tweet sent to tom. red eye fnc and now he can afford clots. is that is not very mean. i like pattern shirts. >> number two i home this is really nasty. tom funny suspect your strong suit. but those overplucked eyebrows are completely hysterical. >> you don't tweeze. >> get in on eyebrows all natural. >> that wasn't very nasty.

>> best they can do? >> he said an insult and complement. but now mad saying now you're matte? >> you have to look at the positive say i don't tweeze but there's a gentleman who thinks i do. maybe i'm naturally gifted? >> trend setting? >> see stuff that comes my way. you should see. no, i can't tell you. not going to say it okay. one more for you tom another mean tweet another issue deal with it. man explaining. what people are accusing jamie diamond of doing. to elizabeth warren he suggest it had she doesn't understand how parking understand how global system works that is sexism you're talking down to a woman explaining banking to them as if you know what it is all about. you're a guy and she doesn't. what do you make of that red eye host? >> this isn't anything new.

you don't know about that, you cannot -- you cannot explain things to women in the public sphere because that is sexist. >> can you explain to me why men feel the need to man explain. >> elizabeth agrees. she thinks it is a thing. here -- do you think jamie diamond was to elizabeth warren he said you don't understand how global banking works? >> well i felt a little bit of that energy behind there. i have to say -- >> really? >> interesting it is all very subtle he didn't say get back to the kitchen and make a chicken. >> you know what i mean? seriously isn't this a problem. if a guy cannot say anything to a woman to explain -- how on earth do we progress here? >> you're right. but can you explain to me you have yet to answer why -- man explain to me why do they feel the need?

>> explaining except i think some people liz are too sensitive. >> jerngd neutral. >> i have a crocodile explain to anyone. >> explain to anyone. >> jamie diamond is saying you don't understand i'm jamie indictment. >> this began -- i didn't say you didn't say that. it began because i was in junior high, it was george h.w. bush remember when he was vice president in the debate he said let me explain something to you. she said you don't have to explain to me. that was back in the 80s that was the beginning of man explaining. >> tom great to see you host of the red eye thank you for being with us your time is up. >> i don't care about this issue. >> i have to go tweet. i know you do. breaking news letting it break in more fresh video president obama leaving capitol hill after meeting with democrats on the trade deal. now first time he's been on capitol hill in many years. i think four or five years -- and now that meeting is over.

so it lasted less than an hour we thought it might go on some timing and lasted less than an hour trying to get democrats to sport his trade bill. he needs their support. i don't know whether he got it or not. find out in the vote just leaving capitol hill now. liz. >> real issue was administration cannot go down the path of making changes to climate change or immigration policy through trade deals. so that appears to be one of the sticking points. j okay time for the sector reports cheryl you have to get out of here. tell me which sector and make it fast. >> quick i want to show you stocks that we're following right now. all about that government agency all of the federal employees that were hacked into all of the those records. these are companies that public traded companies and stocks to protect yourself. these are names to watch. down right now today stuart but look, the entire market is down. watch these guys fire up palo alto and proof point. >> off the top of the list got it thanks so much cheryl.

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>> nicole petallides with your fox business brief. traders on wall street keeping an eye on lumber liquidator

beaten down an an invest into products continues but look at how it surged up $3 on the low poifnt day, and now it is pulling back some right now up about 6%. up over 10%. dow losers taking a look right now dow is down 115 points holding on to the gain for the week as is s&p 500. nays dak, though, down for the week. right now dow is down 150. s&p down 50. nasdaq down 33. also we're watching the finance deal fish network and a talks to buy higher banks that will provide between $10 billion and 15 billion in debt for the t mobile higher. coffee roasters new low. ubs cutting 114 neutral. it begins from the second we're born. after all, healthier doesn't happen all by itself.

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>> nike wins a big deal with nba starting in 2017 logo the swoosh will be on all of the team's uniforms will it look like english premier league soccer jersey look who is philadelphia leader emanuel could your uniform i'm serious about this. this is moneymaker for teams could your uniform look like

that? >> within soccer -- never get that far. >> that is a lot of money. it is about the money. i don't think that nfl -- nfl is content and won't have to plaster that. soccer did and chelsea announced with the japanese tire company so that is ton for that individual soccer club but nfl if it is one point whatever nicki contract over next few years plenty. >> you're saying it is not enough given two, 300 million dollars, nfl will bite. >> i think that nflt it is content going to get sponsorships les where with bud light sponsorships within the company itself. it doesn't need a plaster all type of logo on the jersey and cheap on the jersey. >> if they let you on the back of your helmet would you fly if

they let you do it and if they paid you quarter million a year? you know it is about the money. tax free? >> no such thing -- >> before or after taxes? >> after taxes. >> i'll do it. >> honest man. on a friday morning. now this is a little bit more serious here. the 49ers, san francisco, they've got how many players of retired offseason i think four have retired. three of them are under 30. you're in your mid-20s this is a serious question for a guy like you. would you consider getting out before you get injured? >> seen a lot of guys are on the brink of retiring because much chronic concussion issues, but getting to the point they have million of dollars to their name. they're content with where they

are monetarily so they're going to hang it up. personally i wouldn't. i have things to accomplish that the nfl is allowing me to do. but for other guy i have 7 -- figures in any account, you know, i might hang it up. >> what is it that you still want to do within the nfl? >> personally win the super bowl check that off the ligs. nfl gives you a platform to accomplish other things. global scale solve different problem or affect lives positively. nfl yields you those opportunities that i wonts otherwise have if i was emanuel the banker. >> either going into politics or i suspect more likely the ministry. >> trying to have my own show our show and company. [laughter] so when you're ready to hang it up. in about a month or so. i'll slide right in. we can switch chairs i'll host you once a week. >> you cannot take the pay cut you know that.

you couldn't take the pay cut. >> with the network -- this is a regular friday thing if you love them. >> training hard? >> training hard. >> trying to game some weight. >> a little bit. >> i would like to lose some i'll give the it to you. thank you emanuel we appreciate you being with us. >> president's trade legislation is in the balance right now. a vote on the first part of the trade deal expected in the next hour. now look this might not mean a great deal to you and your money immediately, but this is a very big deal politically. and we're on it.

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>> welcome back the president on capitol hill moments ago trying to convince house democrats to support his free trade deal. blake burrman joins us with the latest. hey, blake. >> president is back at the white house he's come and gone here from the capitol he spent about 45 minutes here earlier today in this last second push to try for democrats members of his own party to support his push for the transpacific authority the fast track legislation that would be the next step for the 12 nation partnership. the president needs only about

20 votes or so from democrats. he's trying to get them one at a time when he left here i'm quoting i don't think you ever nail anything down around here. it is always moving always moving. one democratic lawmaker who was in that meeting said that president hit it out of the park another one said that meet did not change his mind at all. this is quite literally the last minute push. we're expecting these series of votes in about an hour and a half from now. back to you in new york. >> thanks blake. >> been a fast pace two hours of varney & company here's the highlights. we'll have more varney just two minutes away. stay with us. >> you're no longer a spinoff from varney & company. you have emerged with the show in the own name and virtue his name is -- >> making money -- >> like the griffin thing with wheel of fortune. we have something on there for stuart varney. [laughter] >> paleontologist those are

dinosaur experts who say that movie distorts how dinosaurs really lived mistakes like t-rex can't see you if you stand still and try to say this -- raptors they can open doors in the movie. >> relax lauren it is fiction. you know that. [laughter] the movie you know this is live television but that is a movie. [laughter] >> i get it. i get it. >> once information is out there , it is out there like when we say that inproarpght inappropriate comment on facebook and we can't take it back it is the exact same thing. so why would you invest without checking brokercheck? check your broker with brokercheck.

. stuart: when someone calls you a liar on live tv and you react with you're out of here, son. you get a lot of media coverage. i'm glad i did it, and i welcome that coverage. you see the dispute was all about going after america's own oil and gas fracking for

it. extracting our own energy from deep under our own territory the green hate it, they say it pollutes the water supply and we don't want nymphos i will fuels thank you very much. i think we should go get what's ourself, especially after the 1,300 page epa report that says fracking does not hurt our drinking water. in fact, the ball is now in the court of those governors who are hitting the door, governor brown in california. what are they going to do now? they're both sitting on truly massive federal reserves man up and open up the jobs that those states desperate be of. and it's time for president obama to abandon his jihad ensurer all fossil fuels. come on, mr. president. look better on fracking for gas, and we really do need those well paid jobs.

but here's the real incentive. why on earth do we want to keep getting our energy from our enemies? this week was a turning point. no more excuses. frack until the cows come home. ♪ ♪ . stuart: president obama has been on capitol hill, he has left he's met with democrats on the strayed deal. first time he's being to capitol hill in years. literally of years. two key votes on the trade bill expected in this hour. the first vote on trade assistants or authority gives help to american workers who were displaced by any international trade agreement. if it does not has the president's trade deal would go, and it would give authority to other countries.

that's vital. most republicans support it, congressman, we spoke to him earlier today. here's what he said. >> well, i support an american trade deal that would open up markets in the asian countries so that we can sell goods from shawl, medium sizes businesses and manufacturers from all parts of america we've got to create jobs and raise wages so i'm going to support the tpa this morning because i think we need to give the president the authority and that does not mean i support the tpp the actual trade deal itself, we've got to give it the fine-tooth comb and see if it's right for . stuart: yes. his problem with that is that there's all kinds of stuff that may be in this trade deal, which we don't know about yet like, climate change stuff and things like that. he wants to see it before he votes for the final deal. >> that's the big problem here. the secret of naren of this

deal, how could republicans trust this president after they've gone through what they have ton do the last few year. but they look at the -- social agenda that comes alongside it the lack have sovereignty the deals on environmentalism, the deals given away, that's all part of it and that's all done behind closed doors so for senators to jump up and support that obama trade it's a pred big thing . stuart: well, the politics are fascinating, this is at stake today. he needs he infidelity needs the support of republicans for his legacy. because the democrats really don't want it. i keep saying when is hillary clinton going to be asked about her position on trade? when if ever. >> maybe this weekend on roosevelt island . stuart: she officially declares this weekend tomorrow i think; right? >> that's right. stuart: new york city. >> it's a rally, repents won't be asking questions stuart,

she'll be telling us as who-to-what she'll be doing as president of the united states. probably not anything about delayed authority . stuart: maybe the media will be put off. i don't know. can we look at the big board we're now down 170, 180 points about 1%. now, i don't know what the prime mover here is, adam, you were saying earlier that this is because everybody's expecting a correction. >> yes. stuart: it's really simple you can try to blame alls all kinds of issues but when i'm down there in the afternoons to replace nicole, the traders are talking about a expected selloff and the don't want to get caught holding the bag . stuart: so it could be that, the expectation of a selloff it could also be less optimistic with a deal with greece. so again we're dancing into the greek drama. >> it plays into that mind-set. stuart: and also the trade bill doesn't pass and most investors want a trade bill. >> look at netflix a perfect example, you had a stock that

went almost to $700, i'm taking my profits ask getting out of here . stuart: fair point. i'm going to move to a totally different subject. this is why we have pete with us this morning. lieutenant colonel jason talking to a senate panel yesterday about how he feels he's being punished for speaking to congress about concerns of on u.s. hostage policy. listen to this for a minute. >> warren weinstein is dead. collin rutherford, josh boil, captivity remain hostages in pakistan. i used every resource available, but i failed them. but after i made protected disclosures to congress, the army suspended my clearance removed me from my job and sought to court-martial me . stuart: that's the point isn't it? he went public with criticism of phenomenon and how he didn't have a plan to rescue the hostages and they almost court-martialed this. >> this is a deck raid green

beret, trying to fix policies throughout the pentagon. so he was tasked with all the other issues. and as he don't have into it, he found roadblock after political roadblock after institutional roadblock and he says in his testimony congress was his last gasp. and sitting right behind him was congressman, a marine himself, who has been this green beret's champion, and it gets back to whistle blowing this guy did blow it, and there's huge retribution being brought against him right now. what he says is i have a duty, i have a duty to bring americans home, but right now the institution is overwhelming that duty . stuart: can you assess the armed forces, what is their morale these days? i'm not being facetious, this is a very serious question actually. >> it's a very touchy moment. it's a moment that everyone -- what the commander-in-chief wants, what he believes in, where he's taking us, whether

or not he believed in the mission that he's fighting for in afghanistan in iraq, if you wonder whether or not your commander of chief believing in the mission or has your back indirectly or directly that's going to have a huge impact on how much you want to invest, our men and women are going to do their job no matter what, stuart, they swear in allegiance of the constitution, . stuart: i hear you. thank you. stay for the hour, please. >> will do . stuart: and listen to this. the ceo of twitter stepping down. that's a good thing for him. dick made 1400 many minutes after the share went up. and jolene content is with us. i want the financials, i want the personal winnings of mr. >> he. >> if he stick around with all

the criticism inside and outside the company he might have not made that much money him coming in as this cerebellum ceo he also making bank here, he has a 3.3% in twitter, also making millions on that stock pop . stuart: he has what? 20million shares. >> 3.3% of the company as the cofounder as the chairman. so he is also himself -- so everyone is making out pretty good in this. the real question is who is going to lead twitter next and it actually could be someone within twitter outside but one of the top candidates, actually in a lum of fox and news corp. stuart: is he? >> yes. stuart: oh, he's our guy then. >> well, he's certainly being talked between flip board . stuart: can we pull up the stock? this morning it opened 3 4% higher now it's up a fraction, 43 cents. yesterday we saw the stock pop

7, 8%, now it's coming back down to earth, and the reason why -- the plan inside twitter even on the call last night they said the fundamentals are strong, they are not. they're struggling to figure out what's coming next. some investors don't like the fact that jack dorsey has to do a search and it's a little bit of instability inside the company even though he's the chairman. so i have a feeling shareholders, a little concerned right now . stuart: well, they're staying dead flat. almost neutral on this at the moment. >> yeah. stuart: thank you very much indeed. appreciate it. >> thank you . stuart: now, back to my take. all about fracking. is it time to start fracking? adam joins us for a very particular reason, and that is you being to new york state. >> uh-huh. stuart: that's where the fracking -- we wanted it to take place. >> right. stuart: but they band it. >> right. stuart: what's the feeling where you were. >> the people in are right over the board of pennsylvania, and they're fracking in pennsylvania, so

they want the right to do the same thing through the ground, through the watershed that is there, which is shared with pennsylvania. there have been no problems in pennsylvania in the area. and you have the epa reports and the people are saying why are you depriving us the ability to create jobs? the ability to create welles and not letting us a people 100 feet away are doing . stuart: i got into a conference on the set right here. >> i did see . stuart: a young man said i was a liar because i had told him that in my area where i have property, you could light the water because of the gas that was in it and this was way before anybody even heard of fracking. he called me a liar. he said there's this big debate. can you light the water? and you -- you know you've seen it. >> yeah. it naturally occurs, methane rises, there are national parks where this phenomenon occurs, it's not unheard of.

>> it's hard, to create the documentary that this is all because of fracking, and they've had some success unfortunately, . stuart: they have. and that's why he was out of here son. it's going to be a big weekend in the box office. the highly anticipated follow-up in jurassic park, it's in theaters to do that today. will this be the movie that saves hollywood? deadlines dominic up next. watch this. >> something's wrong. >> we're talking about an animal here. ♪

(sfx:starter pistol shot) ♪music♪ ♪we lose our way, we get back up again♪ ♪it's never too late to get back up again♪ ♪one day, you're gonna shine again,♪ ♪you may be knocked down, but not out forever♪ stuart: could this be the stock of the day? maybe. it's called wing stop. now, it is a chicken wing chain and it's based in dallas. this is its first day of trading. i don't know who priced it, but they got the pricing wrong because it's up 57% up $10 at 29.96. okay. bill sailboat race on lake michigan this weekend.

about thousands trying to compete, jeff flock is there onshore. you've got some new numbers should i call these sailboats are yachts? which is it? >> they're racing sailboats stuart, i've got lisa with me, the editor of sailing world magazine. what kind of boats are those we're looking at over there? >> so the right one right there is a far 40, it's a 40-foot yacht, and they're boat is going to be racing today. >> and sale board sales american manufacturing association says sailboat sales up 34% last year. this sport coming back in a big way. just before to head out . stuart: can you ask that young lady if she's ever heard of a san juan that's a british racing sailboat. has she ever heard of it? >> lisa, have you ever heard

of a san juan? a british racing boat. >> yes. very beautiful boats. >> got on a sailboat for the first time at six months old workers' compensation so it doesn't surprise me. did you have interest in one stuart, . stuart: my brother owns one. it's a very fine yacht, and he calls it a sailboat. nice she shall there for swann. . stuart: and will it be a from deadline.com here is dominic. are you that bad that you need this one movie to save the season? really? >> well, i'm not sure it's about saving the season, stuart but 2015 has been pretty flat hasn't seen a lot of breakouts and a lot of movies that we thought were going to break thew, they haven't met some of the expectations. . stuart: like what was it?

future world? tomorrow land. that's the one for disney. >> tomorrow land. it was tomorrow land, it was proved to be a flop for disney. and then you have other things for expectations, for instance the avengers sequel, you know, what they were very high expectations for that. some of which it didn't meet. some of which, in fact, it was hit because that opening weekend was a big sports weekend with the mayweather pacquiao fight which saw a 33% decline from friday's avengers sequel box office to saturdays. those kinds of things can really affect the way the movie industry works and the way it acts to he has not been around it . stuart: if you start lecturing people will climate change, george clooney doing it, you're got an a lot of success. just a personal opinion. i've got a list of what's coming up this summer, terminator genesis mission impossible rogue nation, minions, and inside out, i

think inside out has the potential to be the big winner. what say you. >> well, stuart, you're not going to get me to argue with you, especially pixar. they're always top-notch. and look at some of the numbers we've already seen this morning. last night in jurassic world pulls pulled in 18.9 middle, you look at that and will universal is keeping it good, come means it will probably break the 2013 all time june record holder, which was man of steel, which had 116 million. so you might see jurassic world being t-rex big my friend . stuart: what's the audience for jurassic world? is it family audience, young men, children? who is it for? >> well, here's the thing stuart, it's what you would

call the perfect triple threat. it's everyone. jurassic being the fourth in the jurassic part movies is legacies. it's all these for children and families and most importantly, besides the stanley cup playoffs on saturday night there's no big sporting events that are going to challenge it on friday or saturday . stuart: get out of here, dominic. for everyone. you think senior citizens like me are going to go and see jurassic world? dinosaurs eating people? it's not up my street i've got to tell you. >> i think you can do a cammie cameo if you put on the right gear. [laughter] . stuart: i don't know. i've got nine grandchildren and i don't know whether i would take them to see a movie like that. i'm not sure about that. it looks a little scary to me. >> well, stuart, i ask you why would unto do that? what would hold you back? . stuart: i think the kids would be scared. that's what i think. >> yeah. but, you know, transitionally when you look at the audience of the jurassic park movies that had

before young kids love them, young kids go to them because they're frightful but not scary, and that's a balance that hollywood needs to consider . stuart: can you imagine if i took my grandchildren to see the movie and they were scared to take them home to parents my own children, can you imagine what happens to me? come on. >> i can tell you one thing that happen happen if that happens, father's day next weekend might want be so great for you . stuart: that's very good. thanks a lot for joining us. we'll check out that movie maybe. all right. next 14 million government employees personal information hacked. may have been hacked. likely was. names, addresses, birth dates social security numbers, it's all out there. we'll have the details, if you will details after this

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stuart: i'm going to call this the video clip of the day. watch this. this is ain't stunt plane. it's a boeing 787 dream liner taking a near vertical takeoff. this is kind of a video tease for the plane's appearance, but it really did that. that's a real plane taking

almost vertically. it can carry 300 people, goes 10,000 miles without having to refuel. that's the dream liner. vertical takeoff and tall awl. i like that. that huge hack attack on the federal government, maybe worse than we first thought. a federal union says personal information on every government employee, 14 million people may have been hacked. pete, i don't think people realize -- i don't think we've really gotten this out there yet that this is a disaster. it's a catastrophe for america. >> names addresses, social security numbers, anything you would need to access files e-mails, all the things that you hold dear and personal and private as an individual. and it's the federal employee unions that are yelling about it the most because the government isn't handling it properly and most of the workers affected are saying, man, do you understand the consequences of this? . stuart: you're a military guy armed forces, with the names

of the youth people were hacked? >> thankfully not. no military, no congress, no congress, they know better than to store it, it's never good for congress. so yeah, the intelligence defense agencies are set aside, but it doesn't make it any better . stuart: what's astonishing is this information wasn't encrypted, that's extraordinary. >> they can overcome -- we have the aircraft acarriers the boots on the ground, but if they can steal our secrets it levels the playing field in the twenty-first century . stuart: we always hear this is what's being done to us. surely we've got the brain and the talent to do a whole lot more to them. >> i sure hope so. i know we are and we should be . stuart: okay. that's what i'm looking for. you're on the military -- were in the military, was that a top of conversation in your day. >> sure there were things that you could do at the tactic

level, the nsa level the central intelligence agency, these are things we're doing against our rivals to make sure we're maintaining a competitive edge. you've got to in this world . stuart: good. and now we have social engineering on a grand scale. manipulating who lives where. we have the story in a moment eeds to be asked is "what is it that

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>> happening now, a live look at the house floor and debating pram's trade proposals happening last hour, president obama made a surprise visit to capitol hill try to sway democrats many of whom opposed to the deal. lisa booth join us from black rock in d.c. i don't think this makes much difference to most americans on a day-to-day basis. i think the story is political. democrats are walking away from the president and the president is relying on republicans for his legacy. what is for you? >> in the legislation has become very political, you know because trade is something that historically or free trade something that republicans have supported. i mean, let's face it trade provides for 38 million jobs in america. it saves families 13,000 or dallas per year which is why you have someone like senator ted cruz who supports trade authority which the house will be voting on supports it because of those reasons. >> but democrats oppose it, many

democrats do. they say that there's not enough because you're going to use cheap labor overseas to bring in cheap products here which destroy jobs inside the united states. and another thing, we hear that nancy pelosi is not keen on this bill because there's not enough stuff about climate change in the bill. that is extraordinary are we loading this thing up with goodies from president obama which we don't know about and then asking democrats to vote for it. extraordinary stuff. >> i think you kind of hit the nail on the head here. let's face it it is something that presidents trade promotional authority fast track has been discussed something is that presidents for 80 years have had authority to use to utilize. but the problem that has surfaced here is the fact that leadership and the president have been kept this incredibly close to the chest so we don't know what is in tpa that is broader concern is there seems

to be this lack of transparency involved in the process. >> okay, i want to move on to something that we heard it be this week. diversifying neighborhoods. administrations trying to make it happen using taxpayer money to shoe horn people of color into largely white, wealthy neighborhoods. is this going to work? is it going to happen? what is your judgment? >> you know, i had heard you say that is akin to social engineers, it is and down right creepy and fact remains that zone has historically been a local issue. and the federal government has not and a should not be involved in how the local communities are developed. further, there are already discriminatory housing and president obama ingesting federal government where it doesn't belong an you know trying to unsurface authority from local communities. >> so you for a clean trade bill and you're against social engineering and i'm with you on both of them. >> for tpa.

>> thank you indeed a big news day i have to move on fast. thank you very much. look at this fight against isis costing a lot more money as of last week, u.s. has spent more than 2.7 to be precise fighting isisdale cost of $9 million. pete that is a lot of money and it is going to go up isn't it? >> i wish television good money after good a good strategy right now it is good money going after half measures as we drift 450 announce and basis potential lip cost continue to go up. question is do we get a return on investment and see more dead ice sis fighters and land rei taken and see the mission of defeating integrating isis and get any closer to that? i think we look and have you been and shrugging. >> supporting sheer backed by

iran. are we totally an opposed to isis whose side are we on? >> supporting kurds. >> i don't get it. >> incoherent right now. tompleghts make the point that american people don't want to get involved in the mess a i don't understand and have no part of it. thampleght is a take the fight to sice isis and rule of engagement and wonlder whether we can trust the comangder in chief to give him coherent. >> what would do? >> stop negotiating with iran because that is why sunni allies will not build a sunni army to go after isis and let operators stop training but out with iraqi forces arm kurds and let them bring bear on isis you have to build an arab army to do it with you. : you want our guys firing guns in anger for on the ground in iraq opinion >>. >> i prefer calling fire down so

arab armies do that boots on the ground. >> combat situation that is what you're talking about. >> ask any military professional if you want to roll back isis you have to have a level of american leadership not talking about platoon and brigade but forward air controller to be used devastatingly on this. >> roll back isis that territory is liberate who had takes that? >> training mission has happened at the same time. not saying there's any good answer there isn't. reality is it is unacceptable situation right now. you have to do things on margin to move it in the right direction right now you can't. >> if you don't have the will to fight you don't fight. >> very true. >> i'm right down now 120 points we were down 180. came back down to minus 100 now minus 120. ting still lingering worries over greece, what happens this weekend? will they jump ship and get kicked out of the zone or will there be a deal?

we don't know but the skepticism that is why the market is down. and then we have twitter. oh big story of the day popular amongst millennials, of course, they more than anyone know how to use it. look who is here. a producer for varney & company her name is katelyn she's a millennial and she's going to explain how we on the show use twitter because we do have a twitter account. >> completely. our twitter account is obviously, very popular among viewers, it is hands down the most important tool i use on a daily basis besides putting your script into that prompter. i promise. >> the research factor. the idea that i can connect with ninl in the world via the twitter account, find grabby headlines as you like to call them and put them out there to make sure our viewers are aware of the most important issues of the day. >> that is what you use, the newest feed to get in the headlines more than anybody else. >> yeah. >> is twitter number one. >> easiest way to monitor

breaking news and important for markets people put out their views on certain stocks we're following it. we want to know what people are saying what everyone is talking about. and also important for advertisers too because there's a grabby headline out there i'm going to click on it. whoever is advertising on that site is getting money because of my click. >> more clickings more money on that site. >> so everybody is winning except twitter because they're not making money off of that. >> huge negative -- i think it is a negative of all of that nasty stuff that comes across on twitter -- well i've got this number here. i don't know where it is from. 88% online abuse is on twitter. >> yeah. >> a huge problem we see it on your twitter account on adale basis i've gotten a little bit of it. i know, i know on my own twurt account not as bad as yours. but yeah it is a big problem. twitter needs to police it. >> how do you police it? how do you do it? >> one idea that i have if for some reason twitter was to potentially maybe charge people for their accounts because there's like a small monthly fee

all of those trolls, all of those bots people that just get on there to say negative things they wouldn't want to pay that fee. why go in there? >> why not? right? >> everything else is free. >> everything else is free. facebook is free. everybody else is free but a small charge. a website somebody who is really interested in news like me or somebody who really wants to know about the markets would go for it -- >> troll and bots, what is a bot? >> a bot is a twitter account that is controlled by some kind of computer program or some kind of i guess you would call it robot to tweet out things that is not a real person. there are a lot of those that is also a problem for twitter. >> you can because what you use to follow and who you choose to let follow you. your followers and you can control that. and a lot of people don't. that is the problem. but it is pretty easy to do. >> they say nasty things about me? >> i'm sorry. >> answer is yes.

[laughter] >> a few things. >> thank you good stuff. we have a real star who is walking through our studio any moment now. probably yet there he is. that is gary player legend in golf. the u.s. open kicks off next week. i want to know who does gary playa think is the next huge start of sport? ♪ ♪ ♪ (charge music) you wouldn't hire an organist without hearing them first. charge! so why would you invest without checking brokercheck? check your broker with brokercheck.

>> i'm nicole petallides with were fox business brief right now the dow jones industrial average down 120 points. about 60 points off the low of the day. still holding on to slight gain for the week while nasdaq is lower for the week. right now the s&p 500 down 12. nasdaq down 24 and traders still circulating talk about grief. will they or won't they make that deal looking at sears for the week about 24% for sears. this stock keeps falling and investors shift to focus turning company into a reach. delta airlines joining other folks right we saw jetblue. we saw southwest also raising fairs. well delta now raising entirety of the structure by $3 one way, and monster beverage that is getting a top up 154 up from 148 they like this one holds become on green mountain. monster up 1.3%.

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>> looked a price of oil today back below 60 dollars per share. oh look at that. it went back above 60 a share but we have a story there. 60 a barrel i should say as of now. no stories -- move along everybody nothing to see here. [laughter] no we all remember these words, president ronald reagan please roll that tape. >> teared down this wall.

[applause] and he did reagan called out two years later the wall came down. soviet union fell. come on down host of coast to coast because i remember when that happened. i think it was november 9th i think 1989. i was reporting on it at the time you were a teenager. >> you know stuart great show today by the way. great show. but your staff had told me stuart has a -- president and wants to run, what he's using and that was ronald reagan you forecasted a good one that was a classic and reminds you of a time. talk about the president to the hill for those who don't recall. you and i can and do, ronald reagan routinely went up to capitol hill to strong arm as

you were putting it earlier in the broadcast to get votes for those tax cuts and a host of other things that happened multiple times. he was actively in the process courted democrats those southern democrats, at the time that he built into a massive coalition. it does make you remember the different ways that parties in iraq did back then opposed to today. >> yes it was a better time in some respects political play in that respect. i have to tell everybody what you have coming up "cavuto: coast to coast" starts in 14 minutes. kasich -- starts. like in the cars. >> was a popular group. >> neil joins us all in 13 minutes. neil we'll see you later. >> thank you very much my friend. >> week from now lessing than a week u.s. championship opens. washington state, the tournament

can be seen on fox yeah. got to watch. look who is here. joining us for a preview this is the legend of golf. his name is gary player. >> you have to forgive me going to try to nail -- >> anything you like. any question you like. >> i want you to tell me sir, who is next big star, next great, legend and i'm going to start with mcilroy. rory, do you think he's got it? >> well, the golf swing is rory mcilroy but the man who is the best putter is but they were number one and number two so the answer is how good are you from 100 yards in and jordan is such a marvelous putter he has a lot

of people to change to cross handed which nicholas and i agree if we have to start golf again we would cross handed. normal grip. >> left-handed so there you go. cross handed. >> are you left-handed? >> only golf -- >> confusing there's the normal grip. and then you put reverse hand. >> okay. yes. but anyway others, kevin kizner tieing it hilton hit island there you've got a great string. jason day numerous new fellas. rickie fowler host it have them. you can never say who will turn out to be the best. >> you can. >> the man with the best mind. the man who can accept at the versety. the best because golf will hammer you at such a difficult game. we have to see people like tiger woods a financial phenomenal

goal offer i thought i would never see that. making a french go into obscurity and for ten year number one in the world. couldn't play. mack ill roid or rick ifey fowler those four who do you think has best shot at being the next legend in golf? >> you've got me -- that is -- >> this stage rory mcilroy and speith but others at the heels. >> we were talking to you about your physical fitness regime would you look into that camera and it will our audience what you do on a weekly basis to stay facility go. >> 1300 crunches of which the last 200 i have 100 ponged

weight on my chest if it is obtainable in the gym. then run the treadmill at maximum other day in atlanta i pushed 410 pounds with my leg but unlike american population. i don't eat look it is the last supper. good breakfast and lunch and no dinner. or a handful secret is to tell a american is crazy. the less you eat, longer you live. i'm 80 years young. and many people are 20 years old. what is the greatest problem not the economic situation. not the wars, it is obesity. more people have died obesity related in all of the wars put together and 24% of the youth of america obese and 54% of the americans. 100 million americans are going to have diabetes in 40 years time. how is health care system going to work with cancer diabetes, and all of these diseases?

doomed. 1300 crunches -- in a day with a last 200 with 100 pound weight on your chest. >> uh-huh. >> that is extraordinary. >> 80 years old. >> i have 22 grandchildren and six children and 150 horses. i have a win to break even, man. [laughter] >> i have six children and a nine grandchildren. a long way to go. gary player signed up the studio thanks so much indeed, sir. >> nice to be with you fellas. we have more varney for you and that is a promise, next. and why stop what you're doing to find a bathroom? with cialis for daily use, you don't have to plan around either. it's the only daily tablet approved to treat erectile dysfunction so you can be ready anytime the moment is right. plus cialis treats the frustrating urinary symptoms of bph, like needing to go frequently, day or night. tell your doctor about all your medical conditions

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>> just listen for a moment to what dick said about keeping his job at twitter just a few weeks ago. >> look i'm -- i have to focus on my job and what i've got and ahead of me. i don't worry about am i working on this or working here on that, i focus on my job. i don't feel like i'm in sync with my boortd i know i'm in sync with my board. joining us now editor at large, was he really in the dark about the impending leaving? >> but i think he felt that the board stood behind him that was before activist investor chris wrote 8500 words trying to redirect twitter and to remind

everyone out there in the world what it could be. >> that is the writing on the wall isn't it? >> it is. >> i said that in my post i said that chris was standing on edge of the cliff cliff hanging by fingernail and kicked away. >> twitter is a company in trouble that would be my opinion. i think it is crunch time they have to change direction or in some way break out from the position that they're in now. and you say -- >> well it is public company and many become a public company clock is ticking. facebook learned that and he was able to mobilize mobile audience to create dollars. twitter has not been able to do that and haven't grown revenue fast enough and users fast enough by a long shot that is big problem. big question because mobile -- active users should be over half a billion. : google grew up. facebook at some point grew up. hoodie and grew up. does twitter have to do the same

thing? >> twitter is smaller did you want have as many services but needs to transform and needs to spin out something into separate apps and be a parent. >> i hate to shortchange you but i'm afraid gary player took up your time and i apologize for that. >> can you believe that? what is it 1300 crunches in the last 200 with 100 ponged weight on his chest and 80 years old that is who you lost your time to. i home that all right. >> an honor. >> lance thank you so much indeed. more varnny for you in just anumb moment. rstands the life behind it. ♪ those who have served our nation have earned the very best service in return. ♪ usaa. we know what it means to serve. get an auto insurance quote and

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. >> stuart i'm really trying to have my own show acho and company, so -- [ laughter ] >> when you're ready to hang it up in a month or so i'll slide right in. we can switch chairs. i'll host you once a week. stuart: that's emanuel acho i

wonder if he'll be back next week. it is the second week of "varney & co.," our extended show. we had a great time. my time is up, though. neil cavuto up next now. neil: those three hours slide by stuart. great show again. this is "cavuto: coast-to-coast." we have so much going ospeaker john boehner trying to rescue a trade deal that up until the last couple of days it wasn't a sure thing but a doable thing, it looked like it was going to happen. now called in question. boehner having trouble rounding up the votes to overwhelmingly republican support these pieces of trade legislation. we get to the details in just a second. the problem seems with democrats and the president trying to wrestle his way to get enough support from them. for the first time in five years he popped up on capitol hill today to personally jawbone for those votes. and