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tv   Varney Company  FOX Business  June 19, 2015 9:00am-12:01pm EDT

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ng us this morning. "varney & company" is next, stuart, over to you, happy daddy's day, stu. stuart: i can use that. thank you very much indeed. maria. how many times have you heard it, greece on the edge? well, now, they really are on the edge and it looks like there is absolutely no going back. good friday morning, everyone there's a run on the banks in greece, so the money is flowing out and there is no more coming in. maybe there is at the last minute. we'll get to that. that's the back drop of the crisis, looks like they're doing. has the prime minister blinked? we're watching it unfold. and twitter want to cut the clutter and you to get your news from there, the nerve. let's see if the stock comes off its lows. we have a shift at martha stewart a baby boomer brand looking foretired, for sale cheap. it's friday and a baseball player pays the price for
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liking a photo during the game. and "varney & company" is about to begin. ♪ ♪ day dream believer and a homecoming queen ♪ >> we just love to try our best to bring you some good news to finish out the week. summer, by the way, is almost upon us a couple of days away officially. all angles for you today. look what we've got, big names on the show. today's lineup includes golf legend gary player and i want his comment on tiger woods opening round. and mcdonald's closing stores than opening. here is adam shapiro studying
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his computer, but you're on live television. i hate to do that, but greece is the issue for your money over again. the greeks pulled a billion euros from banks, that's an old-fashioned run on the bank. greeks have been warned bank might not open on monday. come on in adam. we've got money going into the banks now. >> as we're talking the ecb is raising the emergency cap that it's 3 1/2 euro to roughly $4 billion dollars. the second time they've done it this week and on monday the emergency emergency-- with the european leaders and the greeks. stuart: he's now working for the success of the summit. it sounds like he's going to inch back a little the banks get more money, maybe an
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interim stop gap deal so we breathe a sigh of relief tammy. >> how much can european trust a guy who first of all tried to get to putin. going to the economic summit that putin is having and you don't think that that's a message to europe? he's condemned western sanctions against russia. i think that's an end run saying, hey, we'll go to russia if you don't help us. i don't know how much longer this can go on. >> he struck a deal with russia. >> a deal between russia and greece for gas and bypass ukraine. the thing that 74% of the people in greece wants to stay in euro. he wants to remain in power in greece and young people in greece, 41% unemployment they nt with a him to hold the line and i can't say it on tv. >> that's the election. it's like the drunk brother-in-law who sleeps on
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the couch saying i don't want him to leave, you can't kick him out, he'll get worse. you can't have him live on the couch somebody's got to make the decision and get the guy out of the house. stuart: that's what you think is going to happen? >> greece is the drunk brother-in-law living on your couch. not good for the children eats everything out of the refrigerator, doesn't give back to the family. >> i think we're going to keep negotiating. they want to get past the elections in spain and portugal and then in 2016 kick them out, but-- >> i'm tearing my hair out, sick of tired of saying, they're on the edge and we've got a resolution that's ridiculous. >> they're betting there's a deal because the markets are up and it looks like we're going to open flat or slightly higher as well. okay? should we look at that i'm done with greece right now, let me tell you.
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we have martha stewart, a name you know close to selling what is left of her home diagnosis-- home making empire. i think it's a baby boomer brand it's looking tired and i think it's going cheap. >> 370 million is what it's valued at. to put it in perspective, it was worth $2 billion at the height of her power. two things happened her karma ran over her dogma. she did the deal with j.c. penney and violated the contract with macy's and that comes back to haunt you. she's been on a downward trajectory since she was convicted. stuart: and what about the style that she's got out there. it's not geriatric, but not millennial. >> and with places ebay etsy and ordering stuff. i ordered a picture of of my
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dog-- an oil painting. stuart: that's quite an admission. >> my little dog. if you can imagine it you can find it on-line. martha stewart set the foundation for living well and giving what you want ahaving it affordable. the internet has allowed all kind of businesses and small martha stewarts to deliver into the market. >> i'm one of the earliest baby boom kids and i think my time is gone. >> you have a lot of wealth. baby boomers have a lot of wealth. they could keep her, but they don't want her product. >> she was a trader and knows it's a business move. she probably has something else in mind. stuart: probably. we've got a shift at twitter,
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they're weighing they're trying to get rid of the clutter shall sometimes with obscenity. now they want you to follow live events that you want to follow. maybe i can get it explained by lauren simonetti. >> in case you missed it twitters is difficult for new users to understand. it's cluttered for them. twitter is working on a new project called project lightning. it's a place where human editors curerate and place it there for users for live events. you can click on buttons and know what's happening now, a news story or a huge sporting event. and this is for twitter users and what they follow. and they've been using it for years like i have. the key people and key accounts. when you're new, this is daunting.
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>> thanks, lauren. that seems like a future income stream because if you've got viewer dedicated users who are now being channeled to certain input advertisers will make that. down the road that could be a source of income. >> you're advocating and what they're reading. >> plus it's a new way of covering the news. >> it takes it out of you don't have to be a twitter user. you can suddenly care about the twitter brand and not feel compelled to make the choice. in a way it's an effort to move past the twitter frame work. what worries me as a big twitter user. this will be curated. once against you'll have editors deciding what matters whereas the power of twitter has been you can choose you see things coming from unexpected places and this will change that which concerns me. stuart: they've got to do it. >> it doesn't change twitter as we enjoy it, but expands outside the lines of what the
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initial is. stuart: and it goes over the endless invective. twitter is just a megaphone for abuse that comes at you. and get past that. >> you get past that with a block button a mute button. the other problem with breaking news, it's perfect. 30 minutes it gets weird like legacy media, too many other inputs coming in from outside. but with breaking news you get clear stuff from people on the ground, it's invaluable. stuart: maybe it's a way to make money, income stream. i'm going to see if the stock does anything on the upside. i'm not sure what the pre-market is, but we'll be watching closely and here it comes. here it comes. a climate change rule from the obama administration yes, big rig trucks have to be for fuel efficient. i don't think it's going to
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contribute much to lowering global temperatures to lower, but it's going to cause the shippers a whole lot of money. >> this only applies to american trucks our border is open. and american trackers are at harm and now an additional regulation onto american truckers that their competition doesn't have to deal with. it's remarkable. it's going to hurt the family-owned businesses it's the independent trucker and larger truck businesses impacted. stuart: when the president and the administration does it to detroit it's one thing, but the truck manufacturers are different breed and because of marketplace issues trying to be more efficient. every ounce of efficiency for the driver of the truck is money in the market. you can achieve that with the market place. stuart: they do get enough people to drive the trucks
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because they can't pass the drug test. a separate problem. they can't get enough people to pass the drug test. >> that's extraordinary. stuart: where is that market going to happen? it's going to open 19 minutes from now. here are the futures. looking slightly down for industrials. the price of oil, tell you exactly where it is 59.29. let's not forget about gas. i want to know the average price is, 2.79. not quite the plunge i had been hoping for. yesterday, the terrible shootings in charleston south carolina. 21-year-old man opened fire at a church killing nine innocent people. president obama appeared to retreat from his strong position on the gun control when he made his statement. listen to this. >> i say that recognizing the politics in this sounds we're close to a lot of those avenues
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right now, but it'd be wrong for us not to acknowledge it and at some point it's going to be important for american people to come to grips with it and for us to be able to shift how we think about the issue of gun violence collect. stuart: there you have it. the president is retreating from saying we need gun control. he says politics in d.c. prevent that essentially. a couple of statistics for you. in 201 is there was a mass shooting every 200 days. after 2011 there has been massive shooting every 64 days. so in other words tammy, they are more prevalent. the president pointed that out that this isn't happen in other countries. i think he was factually correct in that he said. >> well actually that's what caused a lot of shock.
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first of all, you can have a press conference and try to be a uniter and be a comforter in chief and then if you want to talk about gun control, have a different press conference the next day, but then he flew off to a fundraiser in california. his comments were remarkable condemning america as the worse ask country on either we've got to face that it doesn't happen in other places, but it does. whether it's norway oslo france, american shootings are a fifth of the worldwide shootings. we're at the bottom of this level of violence. that's what is insulting. to insult america when this atroyty is so-- it was inexplicable and he can't help himself in condemning this country first and it was an awful shame. stuart: okay i can never work
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out your politics tamy, but that was clear-cut. martin o'malley says no fossil fuels by 2050. how is that going to happen? we'll deal with the question in a moment.
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>> democratic president, presidential candidate, i should say, martin o'malley he wants to be rid by all of the fossil fuels by 2050. that's 35 years away. robert, all right. >> good morning. stuart: he wants no coal no oil no natural gas at all 35 years from now. is that possible? >> no. stuart: why is it not possible? >> it's not, stuart. you look-- i read this piece and several times. i was amazed he keeps using the idea of clean energy. clean energy in my view is the new energy independence we
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heard that phrase from richard nixon 1974. he promised energy independence in six years ap gerald ford in 1975 promised it in ten years. we're more dependent than ever. the idea that we're going to quit using hydrocarbons look at the american infrastructure. we have a quarter billion automobiles. we have over 200,000 airplanes. you don't run these on ethanol and batteries. it's just not going to happen. stuart: now, he also says in this editorial piece. he says that clean energy of this scale that he's talking about will be a job creator. will it? >> well look i mean again, we've heard interest idea green jobs over and over. we heard it over and over early in the obama administration. where are they? instead, what has been remarkable, stuart in the rise of the shale revolution in the u.s., and three percentage
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points to u.s. gdp. we've created hundreds of thousands of jobs in the u.s. oil and gas sector unexpectedly. but the idea that we're going to create a lot of jobs in with wind or solar, it hasn't happened and the idea that we're going to have some federally mandated program that will magically create these jobs i don't believe it. stuart: i think this is politics. i think that former governor o'malley and president obama, they think that this is a winning political issue, that the environmental involvement is very much on their side and it's true and that there's a very big movement and very important. what do you say to that that it's pure politics and not good economics? >> well i think you're absolutely right, stuart. there's no question. but i think it's also poor environmental policy. this idea that we're going to quit using coal and quit using natural gas. the u.s. reduced the co 2 emissions over the last decade more than any country in the world.
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we've reduced our co 2 admissions by six times over germany in the last decade without any federal policy mainly because of natural gas dismissing coal in the electric sector. further, the idea we're going to replace, let's just look at coal, if we wanted to replace coal capacity with wind energy we'd need to pave an area the size of italy with wind turbines. this isn't positive for the environment. stuart: the powerful un summit is coming up and the left is gung-ho for this. robert, we appreciate your input always. >> thank you, stuart. stuart: the u.s. open the course, in my opinion looks dreadful. brown courses, the rough. one tree on the whole course, but there's green in chambers bay washington. narn marijuana.
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>> it's not legal to consume it in public. this is how it works in washington and you can have it you can carry it around with you, but don't you dare consume it. it's like being in the hot tub with eva longoria you can look, but don't touch. stuart: you raised eating it. take a brownie laced with marijuana and eat it. >> how are they going to know if it's laced with, but the bottled water. stuart: that's interesting, 40% of the marijuana consumed in colorado is in edible form 40%. and twitter wants to be a much bigger player in live events and launched it new project called project lightning. live events breaking news on your twitter field. let' see if that makes a difference to the stock when the market opens when it's
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the beatles lyle lovett song in particular, good day sunshine. it is sunday, good day sunshine. thought we would give you some beetles, opening and closing the old weekend we have 4321 zero. the market is open ladies and gentlemen this friday morning. the expectation is down 30 odd points. dead flat at this particular moment. join us for the opening of the markets come adam shapiro in new york scott shellady in chicago bearing in mind what is going on in greece, i know this is dangerous, how will the stock market opened up on monday? got any ideas? >> all we went out of greece is a resolution with the they are in or out. not knowing what is happening,
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it goes higher even though i don't think it should. stuart: come john in. greece what happens monday morning to the market? >> we have some type of certainty the market stabilizes and becomes a non event. problems in greece can't be solved, they can't collect taxes from their own people. they are in a hole they can't get out of than the quicker the resolution the quicker the market can get to what it really wants to do which is evaluate stocks. stuart: you brought news about a big chunk of money getting into the greek banks is that going to create a short-term interim deal over the weekend? >> that alone will not create the deal and as you point out we have not been here before but like the movie grease the sequel's always fail. if there's an interim solution this won't be dealt with on monday. stuart: i'm tired of greece
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headlines. they are trimming down, closing stores, we have not seen that in 40 years closing more stores than they are opening. have you got any input on mcdonald's, bearing in mind your recent by it? >> it is the great segway to go from greece to mcdonald's. ultimately that is the first time they had more subtractions that additions since 1970 and the reason, they have the green help the movement, i am part of that but that is hurting them and bring in more competition. the green helping movement mcdonald's will be stuck in the mud because part of the wholesale has been the same thing everywhere around the world and they have to customize every now and then and that will hurt the man they will struggle. stuart: what do you say to that? >> they are not the green healthy alternative and they never should have tried to be.
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they are making money off of burgers, fries shakes they can make money off of coffee but when you try to get into salad and all the healthy food all you are doing is adding extra items to your menu. once you see a restaurant and extra items like that every restaurant ends of doing this over time, adding incremental revenue, what it does is heard the entire product you need to go back to what they do best, fast food and delivering burgers and fries and shakes like they have done for some years. stuart: the collective judgment is do what you do best which is not salad and individual portions and all the rest of it. >> absolutely and stock is up. stuart: it has been flat for weeks in the 90s and has not gone anywhere. >> they are turning it around. this is about turning around and they are opening restaurants globally. it is the first time in 30 years the number of closings exceed the number of openings. stuart: big picture markets, but the record territory for the nasdaq composite. it hit the record high yesterday, it has gone a little
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higher this morning. a technology bubble we have heard a lot about. >> companies like it is coming out. i don't know about you, it is a great report. so many companies with so much cash on their balance sheets that they come out to get bought. especially considering the alternatives, and zero interest rates and multiple expansion. stuart: how about you? tech bubble. >> overvalued i get confused. and air be in be -- air bnb and snow real-estate. we have to look at a farmer and stet of view and use some common
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sense. this is getting crazy valuations, we have a tech bubble on our hands. stuart: i want to check corporate headlines. office depot to start with. approving a takeover by stables dead flat. hear the stock is moving. netflix again, an investment group raised its price target from 610 to $800 a share. it is $6.74. are you buying netflix? with that price target of 800 by someone else? >> i love netflix and house of cards, and i think they changed the way we are going to view television and content online especially. getting in china is a huge deal for these guys but i am scared of the valuation. aron price to perfection. any hiccup will have a lot of volatility. "cavuto coast to coast" when you own it but you are not buying it
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anymore. >> i would not be buying it here. stuart: adam? adam: they have to compete against ali baba in shine. how do they keep going up when everyone else is coming down. stuart: netflix is the stock of the year. how about it bit? debuted yesterday. come back in again and tell me where it is. >> shares are up 4%, $30.60. check out that volume, 3 million shares, trading six minutes into the session. investors are saying there's only one place to put our money and that is the stock market and the nasdaq at an all-time high and the ipo market. is on fire this year and especially this month. the average pop for an ideal is 14%, this is 48% and still
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climbing. stuart: i can still see that. would you rather buy the stock or by a fit bit itself? >> i would rather buy a fit bid itself? it is a great thing to own. i bring up cheryl casone's report she did yesterday. it looks fantastic but to me is the one trick pony and apple watch is something that can scorch this. it is similar to go bro. i might not should but go pro has been a mass of the volatile stock. i see the same volatility coming for fit that unless there's an acquisition for. stuart: answer the question because you are on this health care, would you buy fit bid itself more fit bit stock? >> i voted with my feet and have a fit bit. i like it. they are doing the right thing by going public today because it is not an either or, if it bit or another wearable like the apple i watch but it will be at
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some point in time and it will lose out to somebody so they better strike when the iron is hot. stuart: take a look at the stock price of under armor bearing in mind nba champ staff curry golfer jordan spieth both of them are wearing the under armor logo. it is down refraction but do you like underarm bearing in mind the sports stars advertising for it? >> i known under armor and nike is pretty much -- 90% of revenue, they have 283 stars under contract, they have stephane kerri and the same with golf. nike owned gulf with tiger woods. jordan spieth has come along tom brady and giselle, my biggest favorite for under armor. kevin plank has done an incredible job putting these together. they tried kevin durant they missed him because kevin spent most of the season on the shelf
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is the injury. underarm is hitting on all cylinders. stuart: i think you just moved the market from down to up as you were speaking. look at twitter please. it is trying to change the way you get your news letting you watch the live events you want to watch. i think this is a big deal, an attempt, turning it around from 34 to 35. >> hiring news editors to aggregate in his face and to you twitter is turning around, appealing to younger audience which obtains its news differently from people who are over 40. talbot but stuart: how about you? >> changing the live event experience. the problem with this project which is a great step forward is how do you monetize it? that is the problem all along. stuart: you make money off your twitter feed, don't you? >> i do and it helps me get his that many people but i agree with what we said earlier he
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couldn't handle the haters very well. they don't do a very good job and even though they are trying to do live events they are going to be stuck in mud because they have 300 million they can't monetize and that is the problem. how do you make real money? stuart: i asked that of many companies the same question don't always get a good answer. the market has been open for ten solid minutes. check out where we are down 40 points in the first ten minutes of business, 18,075. there is apple. a lot of speculation in the market that is working on the apple watch two and something about batteries, deal with it next.
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stuart: we brought you the headline at the top of the hour now we know the number.
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the epa wants heavy-duty trucks to cut emissions by 24% by the year 2027. that would be a hefty cut in cheek. slightly down 21 points lower as we speak the dow holding close to 18100. now we are hearing there are changes coming to the apple watch. the changes apparently. this is a guy who knows something about it. he joined us in new york. you know something about the apple watch version 2, what is it? >> i can't speak for apple the hole where rebels space is exciting and innovative. stuart: what is the big change? >> bringing cameras bringing negative applications on the watch, applications. stuart: what is that? >> on the apple watch if you want to load uber or whatever it
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is to get your car you have to string the application from your phone and it drains the battery life. stuart: i can have the uber apps on my wrist direct. that is the huge step. >> what is going to make the apple watch hugely successful or not party applications built on it. right now the applications are not a great experience. stuart: are you speculating or do you have the inside track? >> they want the applications to the native on the phone and that will allow the watch to take off. stuart: could be a platform a work in progress. we got it on the market. version 2 is a much better deal. >> i expect so. i am waiting for. stuart: battery power is a problem with the apple watch i. >> battery is not as much an issue as people think if they experiment with it. you are not supposed to be using
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the watch all the time. not like a phone you are playing with. is supposed to be passive. if journalists are testing it out heavily, batteries run out quickly so the average user looking to check their phone, check notifications coming it is less of an issue and people are making out. stuart: for is the apple watch and the new version is that the new platform for apple? that is what they want? >> they are pushing it. stuart: i want your judgment. >> who knows? wearables is an interesting space. no one knows yet how it will pan out. not just from apple or android, no one can guess where it is going to go. stuart: you are in the business. you give advice presumably. you are an analyst of these things. you look to the future and said this is going to happen. >> i don't try to predict the
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future and companies around it. stuart: are you building at around apple watch? >> we are not doing that yet. i think the apple watch will be successful and a lot of people who don't want a computer on their wrist. this really pretty bracelet doesn't look like technology but it sits there. that is interesting and a lot of people don't necessarily want a screen on their wrist. but people do want technology on their body alerting them. stuart: of fashion statement as well. >> people still buy watches y isn't apple giving you a choice of the bigger screen smaller screen. if they start to give you variation maybe this would catch on faster. stuart: i never thought of that. to me it is a function thing. what is it going to do for me but you are saying no back awful. it is how the thing looks. >> it is really important watching a piece of jewelry
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there is a company called covered designs which creates beautiful pieces of jewelry that don't look like technology that plug into your phone and alert you. stuart: that turns you on. >> it is interesting. stuart: a quick question about twitter. they want to bring you live events is that you want to watch. you are a technology guy. is this the wave of the future? a way they can make money down the road? >> they are making quite a bit of money. we work closely with twitter we have companies do customer service, it is a hugely important medium growing like crazy. one of their challenges is you have to be a power user the thing they struggle with is if you are not really into twitter how can they have value? the new initiatives make it easier for people who are not into twitter or heavy users to get the relevant content out of it. stuart: it cuts through the clutter, go to what you want.
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>> intelligently finding what you want and bring it to you rather than you having to search through it. "cavuto coast to coast" when you have a british accent. how long have you been in america? >> three years. the stuart: why you in america? >> i started my company in london but we set up over here and are headquartered here, the biggest market we have major customers like sprint and google over here. stuart: more technologies >> essentially you can build the biggest emphasis. stuart: josh march a pleasure. we will remember that. if you are not careful you will be back. the u.s. open is under way. lot of talk about the poor shape of the course lots of brown grass, very little green to be seen anywhere. tiger woods very porsche going. we will have more on this in the 11:00 hour. gary player. less than 11:20 eastern time this morning. coming up next arrest in a medicare fraud ring $700 million in bogus payments
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all the ugly details next.
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that king is up $5. it had been up 10 little earlier. a cruise ship crashed. i guess you would call it a collision. what is the correct word? cruise ship crashes and the great lakes region last night. 17 people reportedly injured. this happened just north of the new york/canada border near montreal. the cruise ship was carrying 274 passengers and crew members, it crashed into a wall in the eisenhower lock. no reported injuries are life running it may be a scary situation and it happened and we bring use that kind of thing. and would like to put up some video of the u.s. open specifically the course is being played on. that is the only tree on the entire course. as you see more video on a course is pretty brown. even the greens are brown. it is a very unattractive course.
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reminds me of those courses you see in britain called links courses. i am going to say they are ugly. i am being very aggressive. a lot of e-mail on this. a lot of twitter and facebook stuff coming in. >> this course was once referred to as one of the best, the perfect u.s. open course but for a visible on television -- back to something real quick. i have english-speaking relatives who would take issue with the way you pronounced montreal. stuart: i want to talk about that -- the only tree on the course. i am an avid golf watcher. i love it. >> not an iconic shot like pebble beach with that free in pebble beach this is an iconic tree and not a pretty picture to look at. something you click away from. stuart: i want calm cool green
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recall little color and want to see the fairways. at the 11:00 hour -- i have to bring you an update on a story we teased a few minutes ago. it is all about medicare fraud. there has that nationwide fraud sweet that resulted in charges against 243 people including 46 starters and nurses allegedly they participated in a medicare fraud scheme which involved $712 million of false billing. gerri willis has the story. massive scale and scope. >> loretta lynch said the largest criminal health care fraud in history the department of justice has ever undertaken and what was going on shockingly, some doctors were
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prescribing the necessarily narcotics to patients getting rent them addicted and using their personal data as a result. it was an exchange to file false prescriptions and get money out of the government. stuart: over and above ordinary fraud to go deliberately to a dick your patients to hard drugsaddict your patients to hard drugs in king going for your -- >> almost out of time. how did they catch him? was it a statistical sweet? >> every year they round up front stairs. this is something the government
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does all the time. known is baked into the cake. stuart: talk about making us a angry. a good story. next case president obama talking mass shootings, says they don't happen in other developed countries. we are on that, second hour of varney two minutes away. the real question that needs to be asked is "what is it that we can do that is impactful?" what the cloud enables is computing to empower cancer researchers. it used to take two weeks to sequence and analyze a genome; with the microsoft cloud we can analyze 100 per day. whatever i can do to help compute a cure for cancer, that's what i'd like to do. ♪ ♪ ♪ (singing)
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the 2015 c-class. at the very touchpoint of performance and innovation. >> ten noon-- 10:00 eastern precisely. here we are, the big stories, the shooting at a south carolina church. president obama says that this type of mass violence does not happen in other advanced countries and the u.s. has to shift the way we think about gun violence. the drought in california leading to drastic measures. the town of mountain house is fighting the move to cut the water off. residents are worried they'll be left high and dry. they're suing the state and claiming california officials don't have the right to limit their water. and let it againment and tiger woods shot his worst round ever at the u.s. open 80.
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his previous worse was 77 in 1996 when woods was still an amateur. we have a live report from the u.s. open coming up for you in 20 minutes. we've got to have a little fun later with the ceo of the world surfing league. this guy organizations the biggest surfing events on earth and he thinks the sport, surfing is going to be as big as football. what do you think? ♪ >> but let's be clear, at some point we as a country, will have to reckon with the fact that this type of mass violence does not happen in other advanced countries. it doesn't happen in other places with this kind of frequency. stuart: that was president obama addressing the nation after the shooting of that
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charleston church which killed nine people. manhattan institute's jason riley is here with us in new york this morning. jason you heard what the president had to say. do you believe that america as a whole, our country, has been disgraced by this racial killing? >> well it brings back memories. a white man killing black people in the south brings to the surface some ugly history in this country. the difference today, stuart is that you know 50 years ago there could have been a segment of society defending him or making excuses and so far. today he's being roundly condemned, that's progress. 90% of what the president said was perfectly fine. it's unfortunate, i think, that he had to bring in the gun control politics and include them in his comments, but by and large i think he hit the right note. stuart: what do you think should be the reaction of black
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america. >> i think the reaction of black america is going to be the reaction of america. what they did-- >> do you reject the separating out the black response and the white response and we should be united in what our reaction should be? >> there really is i think that that-- uniformly is condemned-- >> that really is a change? if we get a united american response to this. >> the problem is that you'll have people out there who will try to exploit this tragedy for other reasons, whether et cetera for gun control purposes or the hustlers out there. >> sharpton is on his way there if he's not there already. >> the media, of course another example of media hasn't changed in the 30 40 years. the media running to the same people for a reaction to speak
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for black america. stuart: who should we go to? we're in the the media. who should we go to. >> it's more who we shouldn't go to given irresponsible behavior and i put al sharpton way up there on that list stuart. stuart: we're six and a half, seven years almost into the obama presidency first black man to be the president of the united states of america. are we more divided to the than seven years ago? >> i think there's no doubt we're more divided and it's due to the type of politics that this president has practiced. and it's part of the identity politics practiced by the left, by race gender sexual orientations and making specific appeals based on those. and i think that this president played that repeatedly particularly with issues like voter i.d. racial preferences and the voting rights act, so forth forth. i think he's doubled down on playing this sort of identity politics and it's to the
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detriment of racial unity in this country. >> what do you want to see in america? a totally color blind america? >> i'd like to see less emphasis on color, but i don't think the left will-- has any interest in that happening. they claim to want a post racial society, but i don't think that that claim is backed up by the type of politics that they practice which again, is about divvying this up. stuart: i want you to agree with what i'm about to say. i don't think that middle-- i think middle america is color blind. i think black middle americans and white middle americans share a great deal of commonalty in terms of values. am i right? >> i think you might be right. i think you might be right. and people probably define color blind differently. i'm more interested in the government and our laws and our regulations being color blind. what's in people's hearts and
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minds it's an equal playing field. stuart: that to me is america. middle america brings everybody together. all ethnicities creeds color and am i naive? >> well i think the reality is-- >> that's america to me. >> and the shooting is a reminder that racism and prejudice have not been vanquished from society, there's a lot left today than there used to be. that's why they're rare and condemned and progress. there are haters still out there and the issue, i think, when it comes to black americans and their response is that those types of people. these types of people are no longer the major barrier to black progress in america. you have a black leadership out there who wants to pretend they are and they'll play up incidents like this to suit a political agenda. >> there's money and power involved, that's what it's all about. thank you very much for joining
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us again on this issue. and i'm sorry to press so hard with my vision of america. >> doing your job. >> no i feel very strongly about it. you know i've lived in america for 40 years, middle america is the least racist the least prejudice group of people on this planet. that would be my opinion. that's my experience of america. i've got a multi-racial family and that's the way i feel about it. you know, i hope i'm right. i really do. that's america. >> when you say color blind, you know i grew up in the america you've been living in in the last 40 years, there's a wonderful "star trek" episode an old rerun where abraham lincoln refers to uhura and she says we don't worry about terms saying we're not color blind, we acknowledge the differences in all of us and she essentially is saying and we celebrate the differences in all of us, nothing wrong with saying jason is an an accomplished black author and
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i'm an accomplished jewish man and e-mack is a successful woman. stuart: thank you jason for being with us. breaking news police have officially charged the charleston suspect dylann roof with nine csfurr a 'll brg tseo u. o t bigar ieaid is so many times in the past month. it's a go nowhere day. down 18 points after what 38 minutes of business. oil same store pretty much dead flat just below $60 a barrel. the day after the big debut for fitbit it's moving up to share, zoomed up to 31 an and backed off a bit and now 31.36
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as we speak. and one investment group adjusted a target price from 610 to 680. hershey chocolate people cutting jobs cutting growth forecast, down she goes 2 1/2% and now this, greeks pulled more than a billion euros from banks just yesterday. the european central bank warns that greek banks may not open on monday. >> e-mack? >> the clock is ticking away for-- >> 3 billion in euros were taken out and 1 billion in one day. will greece resurrect the bank withdrawal caps that they did in 2013? remember back then you and i were reporting atm withdrawals were capped and 100 billion has left the country in deposits since 2009. 128 billion sits there.
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stuart: it's the banks and run on the bank that's going to precipitate the crunch this weekend. they have a big, another emergency meeting on monday. >> by the way. stuart: and backing away on it. >> your point is well noted. in the time that greece has been independent half the time has been in default or restructuring its debt. so greece seems to be taking it for now in stride. who gets hit? the middle class and senior citizens that have their money parked in banks. stuart: with the resolution-- >> i think it's baked in the cake. stuart: stop laughing at me jason more on middle america trying to make sense of the greeks. and breaking his silence to matt lauer. >> it's been torture, and
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necessary. i have discovered a lot of things. i have been listening to and watching the-- what amount to the black box recordings from my career. stuart: that's quite a statement there. adam, what do you make of it. >> i think he'd have to be nuts to want to be the tv anchor the attention on you and brian williams, you can -- you have to maneuver between such fine guidelines. this is painful to watch. you know he made a fool of himself and. >> do you believe him now, is that the question? do you believe him that he learned his lesson? i think that's the question people are asking if they watch him retake the chair on this is msnbc. stuart: he's going to msnbc and he'll share the news room with al sharpton. need i say more? jason riley is still with us. [laughter] i'm not going to bring you into this one, but i couldn't resist. second time's the charm for the trade bill. the house approves the president's trade agenda, but
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virtually no change from minutes ago. look at conagra, the company that makes peanut butter peter pan ready whip, a bunch that you know. look at that the result is a 52-week high. thank you hedge funds. big changes in twitter, jo ling kent is here and she's going to explain all about live events being streamed to me when i want them and what difference that makes to twitter. go. >> twitter wants to make itself a center for live events by taking all of the video and all of the tweets and all of the comments and putting them in one place.
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you don't even have to log into twitter or have an account to access it and the idea here is to make it live. it attracts people watching the grammys or a baseball game or a natural disaster to come to one place and have a discussion. >> i could pre-program my twitter account to say i want breaking news i want sports events, and i want a rock concert? >> you can search all of that in what's called project lightning lightning. it's a new little buttton inside the mobile and desk top apps for twitter and it creates that live event experience for you. you know why they're doing it they want to up that ad revenue and increase only a 302 month of active users, that's not enough. >> it will cut out the plotter, won't it? and all of this nonsense and-- >> it goes right through. it goes and goes and goes and you lose it. the idea is cure rating the content and making it a
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gathering. >> get rid of the clutter and comes directly to me what i want. what you want and the whole third screen experiencement when i'm watching tv i'm looking at my iphone. this is what jack dorsey the incoming ceo says is getting twitter back to its roots. we'll see if it works. people are kind of going after snap chat on this. >> it sounds good to me. >> it sounds like a no-brainer but the execution is the question. they have a great executive in charge, katie jacobson and she knows her stuff. >> it's a new look for twitter and getting people to sign on. >> the ceo is leaving july 1st and all of this stuff is going down. >> you made sense of it well done. thank you very much indeed. >> great to be here stu. stuart: come back. >> thank you, i will. stuart: let's get to obama trade that's what we're going to call it. the house approved the
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president's trade agenda. it took a second push, but they've approved it. joining us now is a congressman, welcome to the program. i've got a couple of questions here. so we've approved fast track, that allows the president to go out and negotiate directly without reference to congress or reference to individual items, all kinds of things within this trade agreement. what are you going to do if the president goes out there and negotiates on climate change within the trade frame work or negotiates on immigration within the trade frame work. what are you going to do? >> a couple of important points to make on a strong bipartisan vote was given to the president with guardrails about what he can greesh. in tactful-- negotiate. he can't negotiate immigration and these are outside the boundaries, if he goes outside the boundaries t.p.a. we have
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the ability to turn it off. our authority of congress over the president and that's a good thing. bipartisan to exercise that authority. stuart: that's huge because that was always the problem, i think, in the first place, that the president had carte blanche to do all kind of things and now there's guardrails that hem him in. he's still going to sign it. >> the president with negotiate these deals, this is congressional authority over the president and transparency any trade agreements coming down the line. trans-pacific partnership maybe later this fall, it has to be available to the public for 60 days before the president can sign the agreement. it's a first and never happened before as well. stuart: my judgment is that's a really, really good move. congratulations to you guys you got it in there. >> very good move. stuart: one more subject, if i may. the medical device tax. i know you want it repealed the president says he's not going to do it.
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where do we stand? >> here is where we stand. yesterday in the house, very bipartisan vote. in fact with 12 republican members that disappeared because the south carolina tragedy and others weren't there for the vote. we would have had 292 votes in favor of the tax and punishing one of our best american success stories. i think it's going to move forward in the house and in the senate and we're going to be able to repeal this part of obama wear, life saving he can it nolling it-- technologies, where we're losing jobs now, i'm optimistic we'll move forward on this. stuart: elizabeth warren wants that tax repealed which is a surprise to me. >> very unique very unique. elizabeth warren lining up with ted cruz on an issue so we're going to take advantage of that. stuart: you're a republican right from minnesota? >> right, in minnesota we have 400 medical device companies,
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an important industry important for jobs. stuart: you're a republican from minnesota. are you the only republican in minnesota? can't be more than a dozen of you. >> it's challenging being from the people's republic of minnesota. this is an issue that's united across the spectrum. we have senators we want to get it across the finish line it will help jobs and regardless of the president's early stand. stuart: eric paulsen republican from minnesota. if you're not careful, you'll be invited back. >> thank you. stuart: thank you. how about a really really bad day for tiger woods. frustrated at angry at the u.s. open, yes, he was. playing his first opening round ever at at u.s. open. experts reporting a fertility crisis, chemicals found in
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everyday goods may be poisoning men and making them less able to father children. that's the report. we've got the story at the 11:00 hour and we've got more "varney & company" next. new york state is reinventing how we do business by leading the way on tax cuts. we cut the rates on personal income taxes. we enacted the lowest corporate tax rate since 1968. we eliminated the income tax on manufacturers altogether. with startup-ny, qualified businesses that start, expand or relocate to new york state pay no taxes for 10 years. all to grow our economy and create jobs. see how new york can give your business the opportunity to grow at ny.gov/business
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♪ ♪ ♪
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get excited for the 1989 world tour with exclusive behind the scenes footage all of taylor swift's music videos interviews, and more. xfinity is the destination for all things taylor swift. >> yeah, it's friday we had to show you this the man is a biologist. he has experience handling live animals. oh, boy. now, here is what happened. he spots a gator in a ditch in north carolina. he wants to subdue the animal before the animal control people arrive. he flows a sheet over its head and he climbs on its back. it bites him. he's okay and, oh let's move on. the 2015 u.s. open underway. and joining us on the phone
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from chambers bay to tiger woods. a terrible round. 80 was his score. i say he's never going to win another major again and you say what, stephanie? >> i agree. i can't see him winning another major again. i said that for the first time last year when he got injured. and that was the first time i'd said that. i believe that he would hopefully win, come back and win one for a while, but you know seeing him pop that shot on 18 was just shocking. stuart: he was angry. he looked really angry from what we could see of his face. you were actually there, and he was really upset. >> i would be if i hit that shot i would be absolutely i'd be angry. if i were tiger woods i would be absolutely outraged. >> how about the course itself. i'm a viewer and i'm watching on television. i've got to say the course to
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me looked rather ugly. it's not green, only one tree. a lot of viewers are not happy about the visual image that golf is presenting on that course. any comment? >> i think it's stunning in person. it's something completely different than what we're used to. we're used to seeing long roughs, a lot of green, tight fairways, you know a traditional golf course. stuart: flowers and azaleas and palm trees and what have you. the commentators described a gravel pit, like a large bowl scooped out of the earth. a gravel pit by-- >> it's kind of like that when you look down it's like a bowl and then former gravel pit and gravel and sand kwar quarry i believe. stuart: you've got to go through another day of this
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why don't you come back and monday and tell how it wrapped up and your feeling about the course and winner. see you soon. thank you indeed. great thank you. stuart: we've got residents all over california worrying about left high and dry, literally dry. the water agency in california of one town is suing the state because the state is going to cut them off completely. we've got that story. mcdonald's has done a drastic move to down size instead of super size and we'll pick up where we left off with john tapper on that. >> a custom burger blend, give a reason for millennials to connect with the business. the fact of the matter is there's no reason to go there. no no quality statement. no organic statement. there's no storing.
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>> if you want to see dead flat markets show up on wall street today they're dead flat. dow jones industrial down 30. price of oil pretty flat i would say under 60 a barrel. price of gasoline also pretty flat national average is $2.79. oil 59.52 gas $2.79 your average. all flats on all about thes. in california officials are days away from cutting off the entire water supply to the town of mountain house. it is getting so bad that some residents are ripping their lawns they can't united states the sprinkler. now water agency of one town is suing state for trying to cut the water off completely. fox news contradict tore leslie marshall is here. you are a liberal. you are from california, and at least you're sitting in korea. this is your fault. this is liberals who refuse to conserve water build reservoirs, for all of these
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years now you have to ration the water, it is your fault. >> oh, it is my fault right. [laughter] this isn't just liberals in california i hate to tell you. this is some people that don't listen to warnings over the years and it has been a decade now that california in a drought last three have been worst and headed to average temps 104 degrees. part of the problem here is, you know whether you have rich people or farmers or this one area, this one town completely ignoring warnings over the years ignoring mandate by governor and numerous notices. you have to remember right now there are people in california that turn their tap on and they don't have water. and it can't be blamed on me. [laughter] >> i'm notokin whi -- who'mlamng esstialre nvirmentistsheyon' le youtoretheate theyon' theynsis th yoput a trillion gallons of water into the pacific ocean to save that tiny little fish.
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i mean, it is their fault isn't it, don't blame people for not taking precautions over years why on earth did you listen to environmentalists who wouldn't let you conserve in california. why not? >> quell it got -- it goes further than that. you're referring to environmentalists angry at the damage to marine life with desalination plants. some of these desalination plants operating in california were put on hold because a lot of rains came and there was a temporary relief from the drought. but now what we have is specifically up and running although environmentalists aren't happy about with it. because they're not happy they're not going to sue at least that is what they said as of yesterday. >> how about you les bee marshall where do you stand quarter to human beings or farmers or the fish? which is it? >> well i have to tell you i live in a high fire zone originally from boston this is
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new to me have been all of these warnings, you know one day firefighters will be at my door and they're talking to me about how brown areas of my grass are and what a danger to my neighbors and myself it is they'll fine me and write me up. tell me to do something about it. on the other hand website you have the government and in this state and the water companies that will knock on your door calling you and say hey your lawn is too green. for many of us especially drier, hotter months. >> warning you. what do you have? [inaudible] or drink? >> wait a minute, come on seriously. do you want the fish or do you a drink? which is it? >> if we're not alive with drinking water in california those fish aren't going it fair very well in the long-term. are they? we need each other. >> come on, come on -- >> the answer if we cut back and if we cut back which i have and many people i know have in the
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state and do what is asked of us we'll be getting through this. that is a wise choice desalination plant, the fish, worked with and work with the fish. >> i hope you stand for your election on that slogan. fish can be worked with. i do hope that liberal stands election on that. it was great having you leslie not making money of you a serious subject. >> trying to say something. >> are you aware that they caught the capital in sacramento they were watering the lawn. there are pictures of it online that sprinklers were broken and they fixed it after people in sacramento said or what are you doing watering the lawnl at the state capitol and asking people not to water their lawn. >> environment l tayists have to strength recycled water. see how they feel about that. >> it is for the fish. for the fish. [laughter] th t they say it is for the
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fish. superstar there golden state warriors, nba champs his major sponsor under armor. jurnd says he can bring them a billion to the next ten years. who is here, rich who knows a thing or two about insuring athletes has been dong it for donkeys this year. : do you believe that under armor will get a billion dollars in ten years because of steph curry? >> you know, what, right now he's the hottest thing. they just won the championship. fellow alum scientist has gotten it, and jagger he just loves that shoe. and all he's asking for is that shoe. >> a shoe wait a minute -- a sneaker. >> i thought underarmor was all about clothing. >> it is apparel.
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it is also they do cleats for football. for la crosse and that is shoes for basketball. >> nike? >> they're a competitor. [laughter] >> not that bigs. >> so what you do is you insure athletes the way you mac your living, you cannot ensure jurnd armor to make sure they get a billion dollars over ten years. >> if someone can do that i need to meet them. not aware of that whole process. but they have the riewght guy -- they've, you know, they've he just won the championship. that is most hip right now. >> i haven't read the contract right now but how much are they paying steph curry? >> i'm not sure but i'm shurl it is sizable. >> they have jordan speith. >> they have two home runs tweeng the golf and basketball.
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>> way in advance they have to make a bet on who is going to be really, really big in the future that is what they have to do. >> they go, and everybody all of the companies. they go in and recruit players that are big name and ones that drive the marketplace. right now steph curry is the guy. >> what would you insure steph curry for if he was the guy? >> i have to see what numbers are. but whatever he wanted, how is that? >> okay. rich a pleasure thanks so much indeed. i think by the way -- congratulation use just got engaged. : yes to my fiancé faye. >> is your first -- >> my first. yes. >> all right well rich you're a hell of a guy. >> thank you so much stuart. >> thank you. >> you have it. >> time for the sector report cheryl come on in and tell me what you're watching today. >> you've had very interesting conversations all week really about mcdonald's and what problems are with the company and what they can do. but they've been can the ugh
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down stores i want to show you stock up by 73 cents. i kind of wanted to keep on the food thing but there's a couple of big news events happening with a couple of other beg food companies. this is top company here activist investor when is guys come in and pay a big chunk of the company to take over the board and tell them how to run the business they have a rap of one of the partners really quick. hershey chocolate they're having trouble. hershey looking at them and cut their gross forecast. china is a problem i guess they don't like chocolate in china and cutting 300 jobs a lot of food stories today in the news. >> we'll hear them thank you very much indeed. millennials are costing their loved ones a lot of money. nearly half of all families are bailing out the younger generation. the statistic there. but first -- a trivia for you. can you guess most popular surf spot in the world? next guest organizes some of the world biggest competitions in the cush of arena.
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answer to that question is coming up after the break.
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>> lauren simonetti on the floor of the new york stocks exchanges with your business brief. dow is down 36 point. s&p giving up three. nasdaq retreating from the lifetime high, let's show you what is moving dow to theup side you have mcdonald's. they have their plan to close stores, investors are liking it. nike share is hitting another
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high above 106 dollars, visa and microsoft on that there to the downside. home builder putting in a performance today at kb home up 8% on earnings of. you have solid housing reports this week that is a positive that screen is looking really good. finally cheryl mentioned a share leadings the s&p 500 hitting yet another high topping -- almost 9% as i speak. that is helping other food companies out as well. latest from the floor. more varney and c.o. after this. our cloud can keep them safe and accessible anywhere. my drivers don't have time to fill out forms. tablets. keep them all digital. we're looking to double our deliveries. our fleet apps will find the fastest route. oh, and your boysenberry apple scones smell about done. ahh, you're good. i like to bake. with at&t get up to $400 dollars in total savings on tools to manage your business.
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>> before the break we asked what is most popular surfing spot in the world it is, obviously i thought it was totally, obviously, hawaii where else could it possibly be? not australia no, no look who is here. guy who organizes biggest surfing events in the world ceo of the world surf looking and he's paul speaker welcome to the program. >> thank you, sir. >> did you or did you not say that you the surfing business will be bigger than nfl. >> i great wholeheartedly in the concept. if you ask 56 years and asked original founders of the nfl how big would they be? >> what amity looking at right now.
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the perfect 20? >> that is perfect 20. right down in fiji and it was an unbelievable day for us, and something that has never manned before. >> run that again that master perfect 20. what do you mean by pest perfect 20? >> number of judges and he got on two waves one he got a ten and then followed up with another 10. first time ever been in the finals. day before he also had a perfect 20. >> only one of 7 times ever happened, and now never before, and maybe never in a lifetime we'll see again. >> a great commercial for the surfer -- >> i love that. i appreciate it. >> he's the superstar right? >> one of the stupe stars probably best well known athletes we have is kelly slater who was 43 years old 11 time world champion. >> 43? >> still surfing? >> he's very, very unique. that he was able to stay so long. >> a question that you may or
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may not wish to answer -- kelly slater can he make $20 million a year? >> has and will probably for a very very long time. >> 20 million? >> way more than that. >> where does he get his money from sponsorships? >> sponsorships. >> a piece of your action because you have advertisers on your surfing it tv show. >> golf or tennis most of the money we provide to athletes is through prize money. and then in addition we're partners with the athletes they own 10% of the company and we provide for the first tim a tension fund. >> yeah, number that got me was $20 million a year. i put it to you however viewers are tuning in to watch that waiting for him to what is the expression wipeout. >> they're waiting. you doapght know this but you can't tell this there's only two inches of waters over a coral reef. if he fell there, it would be razor sharp. we have that many, many athletes have had terrible accidents on
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this. mples where was that tape? >> in fiji. >> how high are waves there? >> that wave is probably 10 12, 13 feet? >> you have a huge contest coming up this weekend. >> we just had one in fiji now going to jeffrey's bay. >> what kind of view earlship can you get on global television? >> we have a combination of distribution preference. we deliver primary digitally we stream our live content and then secondarily, we have places like in globo in brazil for summer finals in rio about a month ago we have 22 million people tune in in just brazil. >> 22 million people. >> do you know that for a fact? or is that a guest? >> a equivalent. >> 22 million people. >> don't have the same kind of audience in america do you? >> we do not. >> but we probably average
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without -- without linear television which we're a difficult sport because we're over at 4:00 we have to wait for waves to come. >> wait we have shark on the screen. that loads of sharks. >> it is a dangerous sport. >> that makes it attractive doesn't it? >> selling danger. selling wipeout. >> selling state athletes. >> 20 million a year for riding a surfboard you have extra two minutes because your video is so good. [laughter] you're welcome. >> i feel enjoyed -- enjoyed this visit so much. >> come back? >> here tomorrow. tomorrow is international surfing day go out and surf i'll visit you tomorrow. >> not on parking lot air on saturday. >> coming to your house. >> dry land everybody. thank you so much. good to have you. >> good luck. >> now this are parents helping the millennials, i mean, beg time. see the statistic up to 45% of
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families do transfer money to younger family members specifically. millennials, liz that is a very high proportion. >> very -- increasing trepgd that has been happening since 1998. that is when it started to slip when older households started to give money, the balance was giving money to millennials so the average is anywhere from 4700 to 8400 a study out of 20,000 american households. >> 20,000 americans over the age of 50. >> over 20,000 a year. that is baby boom generation a lot look myself giving money to our millennial children. >> increasingly giving money. as this father's day approaches -- something to talk about. >> millennial and my generation and -- moving swiftly along. now good point, good story and we appreciate you bringing it to us. >> sure. such a generous guy. stock buybacks in the cross fire would you believe? elizabeth warren says they should be forbidden, wait until
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you hear about that. joining me today has a new book. did you know she was miss america? yeah she was.
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>> senator elizabeth warren says the fcc should forbid stock
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buybacks as market manipulation. now goldman sachs says buy backs could jump to $6 billion a year. so buybacks increasing what will be washington's next move. peter barnes joins us. peter. >> well, hey adam stocks buybacks are in cross hairs for some policymakers progressive democratic senator warren as you mentioned along with her colleague tammy baldwin, and democratic fcc commissioner tara stein have been critical of this growing practice by corporate america and they're suggesting new curbs on it. according to goldman sachs hit 600 billion dollars this year, up from about 400 billion in 2012. but for many companies in investigators buybacks are a way to return cash to share holders along with dividends especially with interest rates so low that firms can finance stock purchases on the cheap. but in the letter to the fcc in april senator baldwin criticized practice saying, quote there's mounting evidence that suggest that buybacks have a negative effect on jobs wages, and
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investment which in turn have negative impact on innovation and economic growth competitiveness and security. along with senator warren want the fcc to review and a possibly change a 1982 rule that assures companies that buy their stock back that they won't be charged with market manipulation. goldman analysts don't see buying back hard right now but watch the 2016 election campaign and maybe bernie sanders. rick adam -- back to you. prchg thank you stay riewght there. stuart my take is next. how at 3 varney & company, three minutes away.
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>> on gay mearming, marriage and america appear more liberal but guns the shift the other way. gun control has less from the
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support. and hour after those dreadful killings at the charleston church president obama made a statement. it was a heart felt statement. quote if it is in our power to do something. but then he went on politics in this town foreclose many of those avenues. it was a statement of political reality. gun control just doesn't have the vote, in fact, opinions seals to be more progun and citizens are voting at the gun store sales of handguns have boomed. why is that? because many fear that the left will take their guns away and because right ore wrongfully people feel more threatened. now piftion born and raised in england where all handguns are now banned, it is a very different society with a very different history. america has a written constitution where citizens have to the right to bear arms. in the face of horrendous mass killings, americans appear unwilling to place further are you strixes on --
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restriction on that right. >> recognizing politics in this town close off those avenues right now. but tmed be wrong for us not to acknowledge it. >> i say president obama retreated in the wake of the shooting in charleston, south carolina. joinings now attorney eric. i think do you agree with me on this one that the whole nature of the president's speech -- right? >> i do. he did retreat some. but the issue right here it was not if gun control. this shooting was about racism. it was about terrorism. domestic terrorism, that tormented a community and really a nation. because what you say is terrorism or mental illness? >> i would say tri..
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when you have someone who has the heart of a conscience this is like 1960s from birmingham, alabama. when people can't go to church in peace and they go there to pray to love lord an get murdered that is domestic terrorism. >> didn't act with no other people and no conspiracy but motivated by his own lunatic head. >> you don't knows that -- >> don't call that terrorism i agree with you on that. but to get back to the president's speech. i thought he was a fine speech clearly heart felt. ting he got right tone to address our nation at a grave time. i'm with you on that. but i don't think he should have said that we in america have a special problem that it happens here more than it does any place else. it sounds like he's criticizing merck at a time and should have been triesing to bring us together. >> i agree with you. we funnelly agree --
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finally agree with something i disagree with president tone mentioning gun control this was not the time. this was about a lunatic who was a domestic terrorist who terrorize people and murdered people and could have gotten a gun from anywhere. >> so much the president should have addressed that? >> he should have addressed it well let the gun control debate out of it. said look these people are hurting let's bring everybody together about talk about racial divide and try to come cool together this is south carolina flying the confederate flag people are upset about awflg all of that goes into the mind set of people suffering from this tragedy. big destruction before you arrived on this air this morning. what i'm saying is that middle america is less racist than almost any place pells in the world. that in middle america we conform to middle class values black white pink green doesn't
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matter why you're from race or rest of it. you conform to middle american valuing and you're in the club. there's no division in that club. that is what i'm saying. >> i disagree with that. middle america is one of the most devicive places in the world because when you have blacks and whites who are buying for certain position and some people grow up with this type of racist attitude and that racist knowledge from their childhood it is within some people. : really are you reading all of that into this one nut case. you did indeed dreadful past. >> iemg bringing in my prier experience of my experience. born in 1971 so i was first generation of my family to be born wall of their rights so people older than i am, they grew up in civil rights era where people were being bombed -- hung, and others. >> have we gotten past that. made no progress? >> no -- we have made plenty of progress but we're not there yet where we
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need to be. >> where do we need to be? >> we need to be -- >> end point? >> be where people can get along, talk about these issues and try to work out the differences. >> exactly. ting they do. i think they do in middle america. there's -- >> some conversation. i think there is. >> some do, however there are some on the both or far ends they don't want to see eye to eye some don't want to see eye to eye like this guy. there was nothing that could have told to this guy and we all know who else he spoken with and communicated with. who else is influenced him and who he idolizes because this is type of behavior that is not just someone individually. this is some thing taught. picking on this one thing. and extrapolating out as if we're all as divided as that young man feels about black people. >> i did not say -- i did not say that we were all divided. i said a portion of our society is divided. i did not say all.
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last question do you think that president obama has anything to do request this? >> maybe some. i will like for him to address racial issues that we have a little bit more. but ting -- i think his election brought out worst in some people who did not want to see an african-american man -- >> elected by white people -- some things. >> i said some. >> listen to what i tell you. i said some. >> tiny minority eric. >> that minority those are ones working in churches. doing ridiculous things. >> you shouldn't say we're as divided as that young man in -- >> i never sod that. but a small percentage. >> a minuscule percentage that el poos like that. >> you're saying all or minuscule that is what i said. >> middle america is united. it is not a -- >> a society. >> some of it is not.
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proportion? >> 10%. >> that young man? >> don't agree either. however we're out of time. >> i know you'll miss me. >> eric thank you for being with us we appreciate your input thank you we do. check that big board. still a downside move a bit more than we had a 35 now points. still above 18,000. price of oil still sitting around $60 a barrel slightly below 59.32 and as for fitbit day after the big debut, it is up to 33.56 now. pommed from opening price of 20. went to about 30 bucks share of the close yesterday. now 31-32 now at 33.59 better tack a look at netflix as well. investment group puts target price and netflix at 800 declares. 663 right now. twitter launching a new
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service. live events cutting clutter. share price is up today nicely because of that news. we've been pounding this all morning up 4% on twitter reaching 36. jeb bush getting some criticism over his comments on social security. hinting at what jeb had to say about that. >> it will overwhelm us. contingent liabilities are clear. we can ignore it as we've done now. brother tried he got wiped out republicans and in thes want nothing to do with it. next president has to try again. >> joining us right now former co-chair ed welcome back to the show. good to see you again. >> good seeing you stuart. >> i take my hat off to jeb because he just put his foot right on politics and brought it right into the campaign. hats off in my opinion. >> agreed. agreed. you know this is the jeb that we know in florida that -- that challenged the educational
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monopoly in florida an change it for the better. this is exactly the kind of leader that we need. >> why did he do this? because the george w. bush he proposed this in the early part of his first term in absolutely went nowhere. he was demagogued to death on it now ten years later is resurrecting same basic idea. why did he do that? >> i would ask this question, has that issue and that financial impact on the national budget gone away. the answer is no. so if anybody is running for president, doesn't address this issue, i think it is irresponsible. >> okay. what about his opponents? are they going to jump on this and say you see same old bush? >> well, they might. but look, this is somebody who is going to be to himself who is going to say let's be realistic about this social security needs to be addressed. it is simply a supplemental
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retirement plan and people can invest entirely for collegings. a private retirement plan and corporations all of those things rely on privatetyization this is not a big issue anymore. >> what other issues is he prepared to go out of mainstream for? because going for that and social security is outside mainstream thought at this moment in time. and in other areas, where it is stepping on a third rail. >> i think you're going to see some discussion on an example educational choice issues. i thinki think that is major cornerstone of what jeb bush accomplished to see impacted nation wide. >> can i interrupt i'm sorry that is a big deal because -- against teachers union and monopoly on public education that is radical indeed. and i have to tell you i think it would be popular. to go for vouchers or charter schools, i think that would be popular. >> well, not only popular. but you would rather stand with minority parents who don't have
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another if choice. although to sending their child to a failing public school so you provide choices to those lower income, minority parents like in florida. that was accomplished over 250,000 students now attend charters in florida. >> that is a very big deal. i'm sorry i'm short of time we cut you short because of donald trump announce sorry about that. >> trumped on that. >> but that was good stuff social security, and education two big issues in jeb is outside the mainstream only both of them. interesting stuff. come again see you again soon. we appreciate it. >> see you again thank you. pope francis he says global warming is real. humans are causing, and were turning our planet into, quote an immense pile of filth that is a direct quote. more varney in a moment.
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>> good morning stuart. thousands of protesters taking to streets or greek government to stand firm and reject any further plans for creditors charts and blackmailers. ozone leaders plan to hold emergency meeting to void exit from the euro only fire by the way. greek sabers pulling 2 billion euros from bank over past three days. according to ecb. they say it is not sure if greekbacks even open on monday. taylor swift you're all big fan she's telling apple to jumple in the lake. buzz feed voter she's refusing to put her recent hit album 1989 on their new streaming service in the fast she said that free streaming devalues the artist work finally u.s. open one of the most prestigious sports torts in the u.s. if not the world. going to golf fans to enjoy their pot. recreational marijuana legalized in washington state at 2012 organizers are honoring choice
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of fans to bring in teddable or vaporizers you can't smoke to the in public. in the state but you can bring your to the chocolate and enjoy some golf at the same time. >> ho% is colorado is edible form you can take pot laced brownies on course of u.s. open and watch golf you can do that. >> heck of an experience i'm sure for them. >> pope francis not letting up on his climate change crusade. check out this tweet for sent yesterday. the direct quote, the earth, our home is beginning to look more and more like an immense pile of filth separate from the encyclical calling to fix the broken capitalist system. sister patricia daily responsible investment joins us now. sister wok to the program. >> thank you so much. >> specific questions here. it seems to me to the pope he's
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preaching politics from the full fit. that is something i'm not too keen on. are you okay with this? >> actually -- have you read the -- document it is a beautiful, beautiful letter. and i really encourage you and all of your viewers to read the document. it is actually a reflection on the planet. it is a moral document. not -- >> policy. discussing policy. >> what he does is he invites people to the table. he invites climate scientists. he invites businesspeople. he invites world leaders, he invites consumers. people who -- who are farmers people everybody needs to be engaged in this really critical issue today. >> not just on the issue. >> and i go to church to have my soul saved. so that is why i go to church. if i heard any any kind of politics from the pulpit i would leave that church. because that is not what church is for. >> actually this sunday and for
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weeks and months to come christians will be catholic it is will be hearing from the pastor. >> a political message. >> i disagree with that. >> well -- you know what -- should u tell you? >> we're going to disagree rights you're gong to look at this as political and business issue. i think it is -- pope is calling us to integration we don't live in boxes we don't live in a diec. o. t.mise world how we watch television and what we confirm are of the piece how rerelate to people. how we relate to our work people. >> the pope holy father wants to fix the perverse system what is about that capitalism? i have to point out a form of capitalism has raise it had 300 million chiensz people from the middle class same story in india
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200 million from that in the middle class. that is not a perverse system. >> chinese people call their system capitalism. >> but a capitalism system process. but folks need to fix that system. >> that is the fit. there was no system in the world that is perfect. >> call to fix the system that is a political statement and he's ignoring this success of that system in china and india. >> not all all if you read documents he's acknowledging how capitalism has brought people to a great equality of life. but that poor people and many species around the planet have been hurt. there are places right here in the new york area where you can go where there are toxics dumps. typically by poor communities and that is what he's really -- he's asking us to really sit down in dialogue. i've been working with corporations on climate change since 1998, and what we do is we
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don't -- you know we don't go at it for piste minutes, so this is all of the time we have today. but we sit down and dialogue. and you're my executive. our executives of the companies that we own, sit down and they have a perspective we have another perspective and try to book it out. that is the wonderful invitation. >> against fossil fuels doesn't like it. doesn't want it. wants to phase them out. you do that, and you're phasing out cheap fuel for a billion or two? >> actually -- >> there are so many economists now who have said this is the time for new opportunities in the market to invest in climate finance. >> and raise the price of fossil fuels that is what will happen. you are robbing poor people of cheap fuel. >> what we need to do is move, we need to absolutely if we have a planet to be able to live in, and for capitalism to thrive in.
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we've got to be able to realize the limitations. >> to get hurt in the system. >> yeah, actually it is not. if you -- >> they would. i would disagree something to disagree on that. >> key fossil fuel for people in third world countries they get hurt standard of living does not change. >> them actually we can do some technologies, so many people on this planet, the people who really live on a dollar a day or less have no access to fossil fuels or any kind of energy. so let's get them let's really put money, invest money in the system so that we can -- >> our money. of course but that is just it. it is -- but it is also we've already seen it is making money. these are new investments they're nots donations. climate finances with transitioning to a low carbon economy and there are wonderful opportunities and if our
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investment investors are not in that we're going to lose money. >> patricia daily. >> many blessings. thanks. >> i've been watching u.s. open couldn't help but notice appearance of the course. a lot more brown and green, the internet is buzzing about this one. what golf legend gary player has to say it be and ask him about tiger woods and that 80 that he shot at the opening round.
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>> share price of fitbit look at it now. 10% rough yet 10% up today. maker of wearables fitness trackers only started trading yesterday at 20. now it is 3284. u.s. ohm second round underway. big in the first round. of course looks ugly that is my judgment. listen to this 37 golfer sergio talking to twitter saying something similar yesterday. hehe says i think championship of the caliber of the u.s. open golf deserves better green services than we have this week but maybe i'm wrong.
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if my problem is saying what everyone thinks that they don't have guts to say it then i'll guilty of that for sure. joining us now 1965 u.s. championship and legend in golf gary player who joins us on the phone. welcome become to the program. always good to have you with us. and i write in saying that the course looked just looked from a of it viewer standpoint ugly. >> it is ugly. and i was about to say that sergio is 100% correct. we try to promote golf. you exchange a great job in getting a public course course and gets paid. a wonderful concept. but this golf course of an average golf tournament plays for 16. he can't play to a 14 handicap. and so many wonderful golf courses in the state. why they chose that, i don't know. and he's right. >> what do you make of tiger
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woods he shot an 80 in the first round i think that is one of his worst rounds in many many years. i'm going to make the bold statement that the way he's playing, i don't think he'll ever win another major. would you go with me on that? >> not necessarily. because tiger no telling he's -- [inaudible] if he could find somebody who could teach him ho is in the arena and really knows the golf swing somebody played in majors he can come back. i hope he does because we need him very badly he's an icon and he is well known around the world and we need people like that to promote the game because rounds of golf are down desperately and it has because the golf courses like this one. [laughter] >> all right gary. the sound quality isn't great. so we're going to leave it at
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that gary player strong opinions on at least the first round of the u.s. golf open. thank you gary. we'll talk to you soon. >> okay bye-bye. >> up next nba star tim duncan ripped off by a shady money manager. ripped off to the tune of $20 million. we have the details for you. and get this your shower curtain may be causing global infertility problems this is a serious subject and doctor manny will be -- stop it cheryl. manny after this.
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durham. there's a brave bold opening statement if i ever heard one. scientists say only one of four sperm are good and that is jews to the prevalence of plastics in everyday items like shower curtains, dashboards and raincoats. he has a smile on his face but is joining us now dr. manny alvarez. one in four sperm not good for reproductive purposes because of the prevalence of plastic, right or wrong? >> absolutely wright.
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in the 1900s, an average sperm count was 500 million. the best sample we can get today is 45 million per sample. stuart: is the worldwide or just america? >> that is it. sample of sperm 500 million sperm actively moving reproduction, now we have 45 million. that is a good number. a lot of men have 20 million, a 10 million that is about it. 25% of the quality, the number of sperm the quality are they moving well do they have a nice morphology, all of this is affected. you say y? environmental factors are true. stuart: for plastic? >> they are modulating hormones.
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increase to estrogen that is why we have been saying this for years. and all the chemicals and plastics and the chemical industry says no it is not true but just now you will see a lot of regulations. a lot of plastics do not contain these chemicals. stuart: there is salvation. >> their salvation but there is globalization where you have no control of products from other countries and equality you don't know about. stuart: almost out of time, who did the study? >> this is a european guy. stuart: european. >> it has to be good. stuart: we agreed to differ on that one. an extraordinary report. thanks for bringing it to our attention. then we have the nba star tim duncan who admitted he lost
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$20 million to his dubious financial adviser. this is just the latest example of athletes losing their shirts because of their financial advisers. a lot of money coming anthem. emanuel archer joined us every friday. good to have you back. you are a wealthy guy, you have money flowing at you. don't laugh, and i know you do. how do you handle your own money? >> i do a couple things. i like to be involved in all my finances but i have a financial adviser that help supplement the knowledge i already had. stuart: do you write all the checks yourself? >> i won't give anybody power of attorney. and won't of that ability to sign off on anything for me in the event where i run out of checks or something comes up unforeseen i will call my financial adviser and authorized him to act but i would never allow him to discuss something on his own. stuart: can you tell me right now where your wealth is? i am not asking how much but you
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got some in stocks and bonds or cash? you got some in a new restaurant? where is your money spread around? >> my financial adviser tries to help me balance my portfolio, new investments. and stocks. and i try to maximize the 401(k)s and have 30% or 40% liquid and beyond that lot invested. stuart: a personal question. your contract made out, did you have it all coming at your contract or can use a ten years from now giving me more money because i want to spread it out? >> my contract from the team? from the team it depends how you look at it. i get paid on a weekly basis. it was great during the course of the season but during those seven eight months you are not in season i haven't seen a game check which are the big checks.
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i haven't seen that since december 29th against the new york giants. i have to make my income stretch from december 29th until september 1st when we kickoff the season again. stuart: so disciplined. >> it is that there are teams like the tennessee titans who don't play to pay the players those weekly checks they pay the manually through the course of the year so they get less but for what the course of the year. stuart: one other subject, a few moments ago we had the guy who won the surfing league. he says, look at it that is a perfect 20. you couldn't do that. he says surfing is going to be as popular as the nfl pretty soon. what do you say? >> under the influence when he made that statement. stuart: when you are not going for this? >> there is no way. surfing requires -- financially and to play football you need a
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grass field and groundball or a football. stuart: 32 million viewers in brazil alone for surfing contest they ran off of a beach 22 million that is impressive. >> how many viewers does the super bowl get? stuart: the king the great star of sir king makes at least $20 million a year and will continue to make $20 million a year for a long time he is 42 years old. stuart: you considering switching professions? stuart: i can't swim. that is a lot of money. >> it is a profitable industry. stuart: dismiss it entirely? >> entirely. compared to football there's no comparison. "cavuto coast to coast" when you have a lot of nerve. hours trading going? >> we had our last day of minicamp yesterday. i am la six weeks go to austin texas, recover, take a trip with a family on italy and get back to the grind august 1st.
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stuart: there are 114 million viewers and the super bowl. did you ball up? last time i saw you you did not bulky enough. >> just a smaller suits. stuart: a linebacker? smash the opponent. come back any time. stuart: mcdonald's trimming the fat closing more restaurants than it is opening a for the first time in 40 years. that is the turnaround plan they need. is it? john kaffir, bar rescue guy joins us on mcdonald's after this. >> they are not making bold steps. they need to take a bold step. you wouldn't hire an organist without hearing them first. charge! so why would you invest without checking brokercheck? check your broker with brokercheck. the world is filled with air. but for people with copd sometimes breathing air can be difficult. if you have copd, ask your doctor
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breath air better. get your first prescription free at anoro.com. >> i am lauren simonetti on the floor of the stock exchange with your fox business brief. volume is picking up quadruple witching day, you concede stuff is down, not giving up anything but only adding the idea with the nasdaq. the brazilian state house priced at $20. look at that 20% hop on nice volume. if you flip the board you can see yesterday's ipo at the stock exchange and it is still climbing another 11%. close to a new high as we speak
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it was $33.95. airlines doing very well today oil prices are down under $60. that is the latest on the floor, more varney after this. [ female announcer ] who are we? we are the thinkers. the job jugglers. the up all-nighters. and the ones who turn ideas into action. we've made our passions our life's work. we strive for the moments where we can say, "i did it!" ♪ ♪ we are entrepreneurs who started it all... with a signature. legalzoom has helped start over 1 million businesses, turning dreamers into business owners. and we're here to help start yours. when a moment spontaneously turns romantic why pause to take a pill? and why stop what you're doing to find a bathroom? cialis for daily use, is the only daily tablet approved to treat erectile dysfunction so you can be ready anytime the moment is right.
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plus cialis treats the frustrating urinary symptoms of bph, like needing to go frequently, day or night. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain as it may cause an unsafe drop in blood pressure. do not drink alcohol in excess. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, get medical help right away for an erection lasting more than four hours. if you have any sudden decrease or loss in hearing or vision or any symptoms of an allergic reaction stop taking cialis and get medical help right away. ask your doctor about cialis for daily use. insurance coverage has expanded nationally and you may now be covered. contact your health plan for the latest information. stuart: breaking news, uber
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initially wanted to raise $1 billion without because of many banks willing to give them the money they're getting $2 billion. california labor board which ruled that uber people are employees, not contractors, have no impact on the ability of uber to raise a ton of money coming in this case a billion more than they asked for. martha stewart could be selling her empire. martha stewart living is close to being told to the sequential brands group. seems to me martha stewart, that is a baby boomer's branch. >> it is publishing its magazines and products so many tentacles, a lot of that is gone. she has a little bit older now but at the same time too much competition. there is rachel re the food network, so many new realities
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stars that can cook and to home things, she has lost that audience. stuart: $2 billion value down to the $300 million range is what you are talking about. >> stock is dangerous. but she has houses everywhere and plenty of money but also the brand was very hurt by her going to prison for insider trading, that didn't help her out. stuart: mcdonald's clear the down sizing the number of restaurants in america, first time we have seen that in four decades, john tapper joins us you are the expert on turning around restaurants and bars. do you think this is a good move for mcdonald's? they are closing more restaurants in america than they are opening slimming down. good stuff? >> when a company shrinks i am not sure how that could possibly be good. it will change balance sheet that they eliminating revenue.
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when you consider they are going to close 700 units, opening 300 offshore so the net effect going down by 400 units, they have 14,000 domestically and 30000 units worldwide. strategy is to shrink, not grow? i got to questions that. what are they doing to grow revenue in existing stores? bernard: when there's a big debate here. should mcdonald's goal for new fresh on demand personalized, you said that in the past. the alternative is to go back to doing what you do best burgers shakes, fries and make it fast. are you on the side that says they must modernize for a new marketplace and new audience? >> there are mcdonald's units known but are fast and some that are not fast. i don't think it is about speed. it is the message. as we get older we is a mcdonald's type of unit less. not attracting millennials they
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use the older demos on both sides. they have product issues, messageing issues more than speed issues. stuart: you could not go into mcdonald's franchise and rearrange it do what you do with restaurants you could not do that because of the franchise system and the way mcdonald's is structured. there is a limit to how far individuals can go to turning around a corporation. >> the fish fillet came out of the franchise community there are ideas that bubble up in the franchise community but you are right. everything is so standardized at a local level you can't do any changes. stuart: don't want to put you on the spot but what would you do with the mcdonald's menu? is it something you would introduce? >> i would look at new signature products that send messages fresh unique blends locally baked, locally grown, there is a way to change this. stuart: would you believe it?
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you can change the message but would you believe it? >> it is all about curiosity. if i make a big fat claim, this is the best you ever had, juicy fresh if i make it curious, satisfied that curiosity by tasting one. it is all about the product in the end. stuart: i think your phone ringing it is mcdonald's, they want your advice. very successful guy on television with great shows i recommend you watch it. thanks appreciate it. gretchen carlson, before miss america and fox news star, wasn't always easy for her. she is here to tell her personal story which is in her book and she is next.
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stuart: gretchen carlson, a friend of mine and fox news par former miss america, author of this book and getting real what was always smooth sailing. she overcame a lot of struggles to get where she is today.
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welcome. i will pick on three challenges, overweight as a child second being fired, third you had a store, start with being overweight as a child and becoming miss america. >> my favorite activity and hobbies to eat. my mom would leave a house and diminishing close the door would be the doughnuts. i was a chubby kid/fact 30 pounds overweight. the lesson is i build my self-esteem from the inside out. that is the blessing in retrospect. i also played the violin and built a lot of self discipline and self confidence from that that ended up losing the weight because of a boy who said he wouldn't take me because i was too fat and went on a diet finally in tenth grade. stuart: that must -- >> i needed to take responsibility at some point and feel better about myself and that happened. "cavuto coast to coast" when you were a child prodigy on the violin. i know that. you were fired at one point how
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do you overcome that? >> week after i got married. the two woman anchor thing is not working out. you will be fine now that you have a husband and i said no not really because this is myself identity. toughest year of my life. i had to dig deep have great empathy for people lost their jobs. and got back into the game. you have to take a step back. stuart: a lot of up and come struggle and sometimes they are fired and it is heartbreaking when it happens to you. how do you do that? dig deep. >> you have to go back to every single person in your family and patch up all the relationships because you are going to need their support number one. number 2 you have to network
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with everyone you ever met in your life who could help you even outside the industry in which you were in because you never know that might head you in another direction. stuart: does their come a point when you know you won't get back in and give up? you would never give up. >> took me a year. i was close to it. my husband saying you can do something else. i have been tested ten years already. >> you went through a painful things in your life. it is amazing. congratulations. was that hard to write about things that were so painful in your life? >> it was but i decided i needed to be candid and honest if i was going to do the project so i decided to go for it and tell my stories and the whole point is to inspire other people and they can go for their dreams as well. stuart: our viewers will have to read the book to find out how you overcame the challenge of a stalker. you know how that goes. there is the book, called getting real, it is a fine book end you are a fine lady and
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thanks for being on the show. look up to you i really do. >> i respect and admire you as well. stuart: the admiration society. going after the heartbreak, more varney after this. new york state is reinventing how we do business by leading the way on tax cuts. we cut the rates on personal income taxes. we enacted the lowest corporate tax rate since 1968. we eliminated the income tax on manufacturers altogether. with startup-ny, qualified businesses that start, expand or relocate to new york state pay no taxes for 10 years. all to grow our economy and create jobs. see how new york can give your business the opportunity to grow at ny.gov/business do you want to know how hard it can be to breathe with copd? it can feel like this.
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stuart: the king the great star of cirque king makes it least $20 million a year and will continue to make $20 million a year for a long time. he is 42 years old. >> are you considering switching professions? >> i can't even swim. i can't swim. is true, i can't. that was emanuel archer sticking with the nfl over surfing and me definitely sticking with the news business. cheryl is with me last two seconds we have got here. you are a fit bit lady you have used it you have been using it bit for a year and a half. do you like it? >> i do. what i did is i have been wearing the other one but i found the new one for you to see what we thought about it.
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i disagree with so much. stuart: you used all the time for a year-and-a-half, you have not put it away and forgotten about it. >> it is useful for your health and your body. stuart: stock is up again after the intro yesterday. neil cavuto, it is yours. neil: thank you very much. time to have another connolly. it went by fast. as you have been reporting greece is it out of the woods or in the woods? the imf walked out of these talks giving them more money but there are other sources and what we are following at this hour is the fact that europeans are scrambling to keep greece happy? greece has other friends in higher places. we will tell you what the minister is doing with the russian president. it is a little weird but in the meantime this comes at a time there is a concern there's a run on the banks, greece instituted no limit how much

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