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tv   After the Bell  FOX Business  October 16, 2015 4:00pm-5:01pm EDT

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and higher for the week as the closing bell sounds on wall street. the major averages now up for three weeks in a row. david: and take a look at major averages as we end the day and the week. 76 points on the dow to the plus side. everything is positive except for gold. although gold has been in an upstretch, up about 2% for the week. today it was down. some people taking their gains, but all the indices are up and oil is up as well. melissa: that's right, while markets wait for monday. here is everything you need to know right now. david: president obama is warning russia, the president speaking at the white house moments ago that moscow can, quote, not bomb their way to a peaceful solution in syria. fox's peter barnes is with us. >> reporter: a wide-ranging press conference with the president of south korea here for a visit today with president obama. president obama said that
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syria, that in syria russia is making the same mistake as iran, listen. >> their basic theory of how to solve syria has not worked and will not work. their preference originally was we will simply send arms and money to assad and he will be able to clamp down on dissent. when that didn't work, they directed hezbollah to prop them up and sent in their own military advisers, and that did not work. and now the russians have come in, and iran is going to send more people in. but it's also not going to work. >> reporter: the president was asked about the iran's test firing of missiles, which the u.s. says violates u.n. resolutions, and the president says that the u.s. has to continue to put pressure on iran with the international
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community to try to stop iran from doing this so-called bad behavior, but he said this is not a violation of the iran nuclear deal which he said solves a specific problem which is to make sure that iran does not get a nuclear weapon. david? david: peter barnes, unbelievable stuff, good to see you, melissa? melissa: more deadly violence erupting in the west bank as hamas calls for another day of rage. palestinian writers at joseph's tomb a religious site. israeli troops aren't taking chances after confrontations, demonstrators and daily stabbings have killed dozens in the past few days. fox news joins us from jerusalem, what is the scene like now? >> reporter: in jerusalem it's fairly quiet as it has been over the past week because of
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the increased violence, and earlier today, we got a very, as you were talking about, a very upclose and personal view of the violence. take a look. this has been the site of clashes all week in the west bank city of bethlehem. you can see rioters on the other side, here comes the military police. this is definitely increasing the intensity again. there have been clashes, rioting throughout the week as the violence throughout jerusalem and other parts of israel has been escalating. and at one point during one of our live shots earlier this afternoon, israeli soldiers came over us to and came over to me and asked us to move back saying it was too dangerous. so, of course, we complied with those orders. tear gas, rubber bullets, stones being fired at israeli troops, marbles from the rioters, couple hit me. that was really the scene and that has been the scene as i
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said in bethlehem, other parts of the west bank as well, including hebron. special attention was paid to the media because earlier today in the west bank city of hebron, a palestinian man posing as a news photographer attacked an israeli soldier there, and that palestinian man was shot and killed by israeli police, and then earlier this morning, palestinian rioters set ablaze joseph's tomb in the west bank city of nablus, sparking off violence there as well. it has been an extremely vicious and violent week here in jerusalem, other parts of israel. of course, three people were killed earlier in the week in two different attacks. there were stabbings in areas outside of tel aviv, and at this point, melissa security remains very high. we've been showing you all week. the roadblocks, the police checkpoints. mostly in and around east jerusalem, and heavily populated palestinian areas there.
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that's caused controversy among those who say that it's essentially dividing up east and west jerusalem at this point. and that's going to encourage and insight more violence and anger. so tonight here in jerusalem, very quiet. all you got to do really is look outside the studio window here and it is desolate. the usually busy places, malls, shopping centers have been very quiet all week as the atmosphere is very uneasy as we go into the weekend. melissa: i saw the warning you got live on television earlier identity. i was concerned for you. we appreciate your bravery and reporting getting the stories out to the world so people know what's going on, on the ground. we appreciate your bravery. thank you. stay safe. nations around the world are looking to destroy isis, the islamic extremist group is trying to build a state. isis pushing a propaganda campaign that touts ability to govern. fox news's benjamin hall --
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>> reporter: isis are brutal murderous terrorists who enslave women and children every day. recently they've been trying to show a different side, a softer side, and trying to show they can govern a state. recent analysis by the quilliam foundation shown a staggering 900 pieces of prob ganda are released by them every month, of these the majority focuses on utopia, not brutality. bakeries, children singing, clean hospitals, melon farming, fish farms, idyllic scenes. this is far from reality. life under isis is brutal and hard and continue to try and attack the u.s. wherever they can. but this shift in domestic tactics says a lot about their growing confidence and the ineffectiveness of the bombing campaign against them. their new so-called utopia shows children playing on swings, enjoying days out, living care free lives. this is a far cry from previous images of them training to
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fight. learning to capture enemies and blow themselves up and aimed both of those living under them and those seeking to join them. now isis is trying to recruit doctors, engineers and oil workers to join them in the caliphate, and herein lies the problem. the more they are able to unify, to show they can govern, to some degree, the harder they'll be to dig out. and until that happens, they will continue murdering, raping women, children and christians throughout the region. melissa? melissa: benjamin, thanks for that report. david? david: back to the markets. gold ending the day down over $4 to just over $1183. now that gold has been on a tear recently. it ends up 2.5%. erasing most of its losses over the year. ira epstein from the lynn group joining us now. it seems simple, the fed's prevarication, inaction on
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rates weakened the dollar, and when the dollar is weakened gold gets stronger, is that about right? >> you are one of the few people that understands the dollar's been weakening not rallying. you know so often i'm glued to fox, people keep talking on earnings the rising dollar. the dollar rose at beginning of the year, under pressure since the summertime and falling back, but what has happened is just what you're saying. because of the inaction, whether you are on the camp that's a hawk or a dove, the problem the fed has is its mandates. one of them is inflation, the other is employment. employment for all purposes is full or very close to it. inflation is in the wind somewhere, we don't see it. if you raise rates to stop an inflation that's not there, why are you doing that becomes the question? and i think i'm speak for those that are dovish. david: i'm getting a wrap, i have to ask you, when are we
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going to get 2,000 an ounce for gold? >> next year, i don't think this year. next year for 2,000, take that back 1200 for this year, 2000? that's a ways off. i retrace my answer. david: ira, from a new york mets fan, good luck. >> i got tickets today. melissa: ceo oscar munoz suffered a heart attack yesterday. scheduled talks with labor leaders and the company were canceled on the news. nt we will provide further details as appropriate. in the meantime we are continuing to operate normally, thoughts and prayers with are his family. we're respecting their privacy. david: you never know what can happen. prayers with them. flash flooding hitting northern los angeles, filling roads with mud, leaving
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vehicles stranded. jonathan hunt joining us about the fallout from all this flooding. jonathan? >> reporter: david, i'm standing above the i-5 freeway, one of the busiest in california right now. and these are literally the first vehicles you can see them being led by a police car that have come northbound on the freeway since we arrived here at around 4:00 a.m. this morning. the northbound section of i-5 literally just opened in the last few seconds as you came us to. the southbound section is still closed as a result of those extraordinary storms we saw last night, and there are still many problems across this region. take a look at some of the aerial video we've got on nearby highway 58 near tehachapi. some 200 vehicles or so were still stuck there this afternoon because of the mudslides that came down. the hillsides that surround these freeways and the highways
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are bone dry because of the drought we've been going through, and when the waters came down like they did last night, those huge storms that we saw, it creates just a rush of rocks and mud. and as i say, according to the sheriff, it was a once-in-a-lifetime storm last night, listen here. >> the roadways are covered in mud, ice from hail. there is literally hail that came through about an inch in diameter. i haven't seen a storm like this in over 30 years. >> reporter: as you can see behind me, david, we have ominous look clouds. there are more storms in the forecast today. so this could yet get much worse. david: it is not over yet, folks, watch out in northern l.a. jonathan, thank you very much. melissa: bundle up this weekend. winter is coming believe it or not. the season's first big cold snap bringing snow to some parts of the country?
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are you kidding me? rick reichmuth joins us from the weather center. what are we looking at here? >> reporter: come on, it's october 16th? got to happen at some point. this is the big batch of cold air moving in across the eastern part of the country, the west still very, very warm. we have freeze watches and warnings in effect towards the tennessee valley. so if you have plants that you can protect, you might want to do it. for some it's the end of growing season. this is the cold air across parts of canada, and it's going to dive down across parts of the the great lakes and the northeast throughout weekend. this is going to be where it is, not down towards the far southeast and the west you're going to continue to bake and see all kinds of record warm temperatures. here's the airmass, the wind continue here pull the cold air through us in toward say monday and then warm back up again and temperatures will be back at least above average again for much of next week. mornings are when you really feel, it bundle up as you're
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headed up. a lot of areas around freezing unfortunately. so take a look at this how this goes. 33 tomorrow morning in chicago. 25 up in marquette for sunday morning. 31 in buffalo, and so along with the cold air, this is what it's going to be. upper-level disturbance that will move through here and you see the green? that's rain. and melissa, see that stuff right there, saturday morning, looking at snow. melissa: no. >> reporter: across upstate new york in through new england, the u.p. of michigan. we're going to see snow this weekend. melissa: rick, thank you so much. >> reporter: you bet. david: back to politics now. we know who is raking in the most money in the campaign trail, but how much of that money that they're bringing are they burning through? i was shocked by the numbers. we'll share them with you.
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melissa: nevada says no way to fanduel and draftkings, why america's home for gambling isn't rolling out the welcome mat. david: i don't know what that's going to do to my weekend. all-day breakfast is sending mcdonald's stock to new high. why are the franchise owners so mad? details coming up. well, because it tells us something powerful about progress: that whether times are good or bad, people and their ideas will continue to move the world forward. as long as they have someone to believe in them. citi financed the transatlantic cable that connected continents. and the panama canal, that made our world a smaller place. we backed the marshall plan that helped europe regain its strength. and pioneered the atm, for cash, anytime. for over two centuries we've supported dreams like these, and the people and companies behind them.
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for a free quote, call liberty mutual at switch to liberty mutual and you could save up to $509 call today at see car insurance in a whole new light. liberty mutual insurance. . david: the bad news keeps piling on for fantasy sports betting. nevada's gaming control board issued a notice to all fantasy sites like draftkings and fanduel to stop offering services in the state. they qualify as gambling under nevada law. jeff flock is digging into how this might affect those of us who play with the sites maybe this weekend, jeff. >> reporter: i tell you, david,
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if you don't play or are not a sports fan, you probably have heard about the sites. the fantasy sites exploded in popularity and the teams like them, major league sports kind of like them, it's not actually wagering on the outcome of the game. wagering on the outcomes and performance of individual players, that doesn't suggest that somebody could throw a game or something since you are not wagering on the outcome of the game. nevada game and board saying no, this is actually gambling and needs to be regulated. this is one of six states across the country where these fantasy sites are not aloud. arizona, montana, washington, and now nevada, and harry reid jumped into it a short time ago, got a statement from him. which side do you think he's on? you might be surprised supporting the gaming board in outlawing the sites. the websites offering daily fantasy sports have been operating in a gray area, he
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says, unless the sites are shut down or states follow suit, we're going to see more corruption and families torn apart by the scurge -- he didn't say scurge, but the unregulated illegal gambling. supporting the gambling concerns in las vegas which are threatened by this. david: we should mention, harry reid was the former gaming commissioner for the state of nevada. his ties go way back. >> reporter: not a surprise. david: jeff, thank you very much. melissa? melissa: few stories on radar, emergency crews have rescued five construction workers trapped under wreckage after scaffolding collapsed in downtown houston. did you see this? incredible. the workers were rushed to area hospitals with non-life-threatening injuries. just in time for the weekend, uber drivers are planning a three-day national strike starting today. the organization uber freedom
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is calling for drivers to avoid the uber app and demanding a tip option and higher fares, interesting. american airlines hoping for smooth travels this weekend as it integrates u.s. airways booking system with its own. the final steps in the merger of what is now the world's largest airline. u.s. airways is flying final flight tonight, it is a red eye from san francisco to philadelphia. david: wow. a home run for the mets. did you see the game last night? the new york team taking one step closer to making baseball history. can the home team slide into a playoff victory in connell mcshane joining us live at citi field. melissa: and got a great idea for a new product and you don't have any idea what to do next? how do you take it to the next level, make it real? i'm going speak with one man who makes your ideas into big reality and money. you don't want to miss it, have
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. david: millions of people in the u.s. are not saving for retirement, so businesses are doing it for them. some firms are boosting the automatic retirement savings rate that goes straight into your 401(k). joining me with details, fox business' own gerri willis. why are they doing this? >> reporter: there's big concerns, for example, david, that middle age workers don't have enough for retirement. and think it's going to attract younger people. let me show you what's going on here. this default enrollment rate used to be standard 3%. a standard 4% is the rule of thumb at 39% of companies this year compared to 27% in 2005. 70% of companies are raising that default enrollment rate. and let me tell you, some folks are raising it as far as 8, 9, 10%. apache oil raised to 8% and the company is matching that money.
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imagine if you wanted to work there, that would be a big lure. that's not common, however. most of the companies are stretching out their match so they put down the same amount of dollars, but the employee puts down less. david: all right, very interesting stuff. gerri willis, thank you very much. good to see you. melissa: mcdonald's says it's lovin the new all-day breakfast menu launched, but franchise owners not so much. in a survey of owners covering 226 restaurants. there were complaints. the expanded menu is slowing down service, reducing the average ticket price. i can see that, and causing chaos in the kitchen, total bedlam. mcdonald's responded saying they're hearing from customers over the majority of 3100 franchisees that all-day breakfast is a hit, certainly egg-cellent news, come on.
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did you write that in there? i love the all-day breakfast. if it's too complicated for the kitchen, get rid of the random stuff that nobody gets. >> government regulations are giving theme headaches. poor guys, they're up against a lot. melissa: other candidates are shelling out cash for ads, trump is spending it on hats. stick around, we'll tell you how much it costs to make america great again. one adorable hat at a time. david: i couldn't believe how expensive it all was. meanwhile, wild nights of partying, melissa. melissa: what are you talking about? david: could be costing the company and the economy. i'm reflecting my own behavior you on. melissa: okay. david: more on that coming up. it's a fact. kind of like playing the boss equals the boss wins. wow!
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it's a fact. kind of like ordering wine equals pretending to know wine. pinot noir, which means peanut of the night. melissa: some presidential hopefuls are spending their dollars conservatively and others not so much. candidates are disclosing how much they raised in the third and we are the how much they spent. the rulings are not what you would ecstasy he, which. candidates shopping sprees may cost them the nomination. steve moore, this thing was visiting fellow at the foundation, and fp1 strategies, vp of communications and richard goldstein, democratic strategist and former advisor to the hillary clinton 2008 campaign. thanks to all of you for joining us. ashley, let me start with you. i was surprised to see jeb bush raised a disappointing amount of money in the third
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quarter after he had been the one who was really able to bank money so easily. does this have to do with his poll numbers or what do you make of it? >> i wouldn't say it is disappointing at all. >> okay. melissa: currently he has the most crash on out of anybody in the gop primary and that's going to make him quite the contender. this race is all about longevity and who can definitely raise money and go out there and be on tv and have a grassroots operation and that's where he's at right now. he has the ability to do that day after day, coming out with leaderships teams in different states which some of these campaigns aren't doing. melissa: okay. >> but is there were surprising numbers, ben carson i don't think anybody was expecting $20 million and carly fiorina's a lot of it came after her debate performance. melissa: yeah. >> so there are a lot of variables but jeb has been consistent. melissa: richard, we talk about the money and also the burn rate. ben carson's burn rate is
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about 65%, that was really high in the group, chris christy has been a really high burn rate, about 67%, even though that's off of much smaller number. what do donors look for? is it one of those things where you may not be in it tomorrow so you should be burning cash and, you know, make sure you stay in there? from a donor perspective, how do you look at it? >> well, some people certainly at the bottom of the pack and chris christy would be one. there's no reason for him to hoard his money because there may not be a tomorrow, so he has to do anything to get himself recognized. hillary clinton is in it for the long haul, she's on the high side but she's investing in not people so much but technology. and trump, who spent 4.2 million, raised 4 digitsly, kind of gives the light that he's self funding because all he gave himself was $100,000 to his campaign, raised 4 million from normal
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people. so is he unperformed? i'm just curious. it's odd that ache's self funding when he's not. melissa: he's not spending it, steve, this is what he's talking about, if he has raised that money, he's hanging onto it, if you look at what he has raised money on, it's hats, and i was saving that for you, steve moore, he spent something like half a million dollars on those ball caps which frankly i would redesign. >> they don't fit well for women. melissa: it's not what kids wear either. but steve moore, he has not has spent any money on ads. he -- and earlier hasn't spent much money at all. >> yeah. look, i have a completely different attitude about this. i've always said in politics there's no election, no campaign where money makes less of a difference than in the presidential campaign because what we've learned; right? is what really matters especially early on, is how you do in these debates. jeb bush, yeah, he has $100 million but what is he going to spend it on?
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his debate performance has been pretty poor and, look, let me put it simply. donald trump has gotten a billion dollars worth of free publicity. he hasn't had to spend any money, he's on fox 24/7, cnn 24/7, he has become the most famous person in the world without having to spend a dime. how great is that? . melissa: yeah. >> he's treating it like he's running for class president, though. >> that's true. >> spending 750,000 to make america great again with hats and shirts and saying whatever mean thing he can. melissa: it's working. it's absolutely working, at least for now. we're going to leave it there. thanks, guys. david: he is getting away with it right now anyway. and speaking of the donald, he's leading the charts against cnbc's plan to expand its up coming debate from two to three hours. here's what he said last night. >> you know, it was agreed to two hours and now all of a sudden yesterday they came up with this additional long period of time, whatever it
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may be. but it was originally agreed that it was going to be a two-hour. i mean the networks are making a fortune off of this stuff, they never made money, they always lost money with it, now they're making a fortune. i wonder why. david: well, trump seems at least for the moment got in his way, tweeting this morning cnbc has just agreed that the debate will be two hours. fantastic news for all, especially the millions of people who will be watching. we reached out to cnbc to confirm they replied no comment. melissa: that is surprising. david: but the rnc just released confirming a deal had been reached for two hours and adds closing statements. melissa: netflix has a few new enemies releasing its first major feature film beast of no nation in theaters and online, major movie theater complains. complaining that the tv streaming company is not benefiting movie theater business but rather just promoting more viewers to watch it at home.
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for more details, diedre bolton joins us now. diedre. i think maybe she's not there. what you know? i bet she's coming up at the top of the hour. david: she will be there. melissa: see that was a tease, she's going to be here at 5:00 p.m. eastern for risk and reward. david: we'll hear more about that. meanwhile coming up the troops staying in afghanistan for the foreseeable future but is white house micromanagement of the military? make it a mess of the war effort? former defense secretary says, yes, you don't want to miss this coming up. and new developments in the hillary clinton e-mail scandal why investigators are looking into espionage and gross negligent charges. more on that coming up [ male announcer ] eligible for medicare?
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thought they would over there, but the military's micromanagement that mucked the situation up in the first place. former secretary robert gates had some thoughts about this when interviewed on fox news this week. take a listen. >> it was the operational micromanagement that drove me nuts of white house and nfc staffers calling senior commanders out on the field and asking them questions of second-guessing commanders. that's the kind of thing that made me crazy. david: joining me now chris from the state department official christian. good to see you, gentlemen. so what do you make of gate's comments? >> i think his comments stand on their own. my frustration with this seeing staff neither white house and national security counsel calling senior commanders just no place for that. everybody acknowledges that under our constitutional system, the military's responsible to the constitution and the constitution says that the president is
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commander-in-chief and the way he should communicate with leaders is directly through the secretary of defense. that's the right way to do it. when you have people jumping outside of the chain of command, it confuses with things introduces friction, it's bad for everybody. david: right. but, christian, the president is at the top of the chain of command. chain of command is absolutely critical to our system, our political military system. but if the commanders on the field do not respect the commander-in-chief, you're in trouble; right? >> you are in trouble. but nonetheless you as a new president -- and we have to remember this strategy was the beginning of the obama administration. he came in and very promptly said we were going to pursue a counter insurgency strategy in afghanistan like the one that had worked successfully in iraq, although he didn't give it credit, and instead he spent months and months over the resources that would be committed to this. putting the strategy first and then over 30,000 troops, not a lot of troops frankly when you look at military history, including recent military history. so this endless by a met garrett in chief.
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david: but the mistrust seems to be on both sides. not only do the commanders mistrust the president, but the president sometimes seems to be blaming the military. and very recently in this program $500 million program to train syrian antiisis fighters that ended up with just five of those fighters, he seemed to say the other day it was the military's fault, look, i was against it from the beginning, but i was talked into it. there's a blame game going on here that's not very helpful to our foreign policy. >> yeah. not in the at least. when you're in command, command, take charge and make decisions. execute those decisions, from my expectation, i agree with general who said every single military failure can be described in two words. to lead. president obama made his decisions regarding iraq and syria and training those rebels too late. by the time that was made and implemented, the radical rebels on the groups -- david: yeah, it was a disaster.
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christian, one final -- we only have 10 seconds, one final question, the trouble that we now see in the middle east, particularly in israel, we're trying to inject our diplomatic skills if you can call them that, john kerry wants to go over there. is all of this the mess up of the reason why he won't succeed at that? >> yeah. he won't succeed because he won't recognize who's at fault here and john kerry has one thing in common, he can't you are the the two words radical enemy, can't beat the enemy, simple at that. david: thank you very much, gentlemen, appreciate it. melissa. melissa: the hillary clinton e-mail investigation an intelligence source familiar with the probe into clinton's private server tells focus news that the secretary of state may have violated a provision in the espionage fact. let's go to peter barns with more on this. >> well, that's right, melissa and this has to do with the term called gross negligence
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and the safekeeping of national security information. now, under the espionage act, the information does not have to be marked classified to count as a violation. the source in this story says the subsection penalizes the holder of a national security clearance who through gross negligence, such as the use of an insecure computer network or server, for example, permits classified material to be removed or abstracted from its proper secure location. the subsection also requires the clearance holder to quote to make prompt report of such loss, theft, abstraction, or destruction to his superior officer and the clearance holder who fails to do so quote shall be fined under this title the law or imprisoned not more than ten years or both. now, the source says investigators are also focusing on possible obstruction of justice in this case. clinton said back in march as you recall, there was no classified information on her
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e-mails on her server but since then state department review about more than 400 e-mails have deemed to contain classified information. her defense has been that the material was not marked classified at the time the e-mails were sent and that it has been retroactively marked classified through this process. no comment today from the clinton campaign on this story. melissa. melissa: peter, thank you so much for that. >> you bet. melissa: the under dog's time to shine. long-suffering mets and cubs fan finally have a reason to celebrate. plus how to make your entrepreneur dreams come true. turn your next big idea into an actual physical reality. we're going to tell you exactly how with the guy who does it coming up it's more than the cloud.
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melissa: okay. i've been so excited about this segment all week long. this is creating prototypes for bright ideas. that is the premise behind design group. the company behind trending products like soul cycles indoor bikes offers a simple turnkey solution for development targeting anyone that needs to turn their idea into a reality. joining me now the man behind the business, eric hav vlency, ceo of the design group, so it's a turnkey approach, i have an idea of a product that i dreamed up while in the shower or whatever, i come to you, you can make that into a reality both doing the design and the production if need be. some incredible products that you've turned out lately. i know people who have that ask love it. >> sure. it's a type of project that we love to work on because it's very innovative. forward thinking concept, having live and on demand
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streaming platform attached to an indoor bike and the founder and ceo had a really great vision and really opened it up for forward-thinking design. melissa: so it's like soul cycle this class that's so hot but you've got to go to the actual place. this let's you do it in your home and you connect with people. you also have a really cool product my lockbox. tell me about that one. >> well, again, this is an amazing product for us because it's innovative and disrupting a product that has never been innovative before. melissa: like when you go into a hotel room and you see those hideous ones with the digital design. >> exactly. got rid of the swinging door, it has usb functionality, bluetooth. melissa: and i understand it makes sense for hotels, dorms, these are just peoples ideas. so people out there in the audience have great ideas, i have an idea for a toy that i'm not sharing, someone like
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me. give me three pieces of advice that people out there are thinking on their hands. >> well, understand the market research understand what the product is like and the economic business. is it a good business? the second thing don't rush to market. it's so temperating saying i've got to get it out to market but nothing crushes an idea more than defects and the other thing is don't be scared to get feedback from their target audience. they'll tell you maybe they have a preferred color or other characteristic and that input is very valuable. melissa: so rather than rushing off saying, please, eric make me 2,000 of these things, you say make a prototype and don't worry about somebody maybe steeling your idea because it's harder to bring to market if you think. another thing if i don't have funding and i'm thinking about doing kick starter because that seems it's free money. you run a kick starter campaign, is that better? then you don't have investors. >> no. when it works, it's great, but there's an expense associated with that as well. you've got to shoot videos. the best thing is what's your distribution platform? if you can get a retailer to
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buy in before you come to market, that's ideal. melissa: okay. douse "no" to people when they come to you? you must get a million people that come to you that say i have a great idea. >> we're inundated with a lot of requests and a lot of the business is funded, we say "no"." melissa: so you have people who can do the design if all i have is an idea. also the key to your business is that you have relationships with factories all around the world. so you can get actual things up and running. i mean that's something that most people don't have. it comes from a backing furniture company that had relationships with manufacturers all around the world. is it tough to make stuff in china right now? we hear about ideas getting ripped up, parts of the business, what is the landscape like out there? >> well, it's difficult to make things anywhere and china has its own competitive landscape and intellectual property protection is a huge concern and we spend a lot of time to make sure that our clients don't have a problem.
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but, look, you have to think about country of origin, a global marketplace, ip, and then you want a great quality product. melissa: yeah, i know people out there are wondering it's not like you take a percentage, you do it, sell it to me, i know what i mean target price is; right? >> it's a very simple process, we quote to the nearest port and if there's a lot of industrial design or intellectual engineering, we do a project fee. we don't want to have an incentive to bill you by the hour. we're partnering with our clients, we want to get to market as quick as possible with a great product. melissa: thank you so much. david. david: just remember us when you become a billionaire toy manufacturer okay? well, the labor department has breaking news getting a lot of grief for its new financial advisor rules. you probably heard something about this would end up costing investors a lot more for their financial services. well, the hill newspaper is now reporting that the labor department appears to be working to chain this rules to deal with all the political become lash.
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stay tuned for this story. well, last night's division playoff game between los angeles dodgers and the new york mets was great baseball. the mets won 3-2. even though the outcome was right down to the final out and now we begin a historic series between the two under dogs, the mets and the chicago cubs. the playoffs for the american league also kicks off tonight with the royals facing the blue jays for a preview of what's ahead our very own connell. connell, how did you pull the short straw for this story? >> yeah. exactly right. spending the afternoon just a nightmare for me as a mets fan. you're absolutely right. it really is a fun time of year and you're right with the american league started out in kansas city, i'm sorry. that was a great atmosphere. and tomorrow fill up the field and the cubs were here and we watched them work out for a little while on the field, and the mets took the day off after the game you referenced
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last night and what a game it was. kind of funny, just got out of a news conference with the manager, in his 60s, the oldest field manager in major league baseball, and he was talking about last night how after the game last night you have some mets fans really high-fiving with the fans. here he is talking about that scene. >> dodger stadium last night with 56,000 people and about 2,000 mets fans who when that game was overcame down behind our dugout and cheered everything these guys did. so i thought they deserved a little recognition. i thought it was -- but we just won game five. i was pretty happy. >> yeah, pretty happy. i tell you david is also happy, and the networks, turner, carrying this series or friends at fox sports carrying the american league series on the network, big fox tonight, the fox broadcast network ratings are way up from last year and great
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baseball so far. should be a fun weekend and fun rest of the way of the playoffs. back to you guys. david: good baseball, good ratings, nothing to complain about. connell, thank you very much. and staying on sports, boxer champian oscar speaking out the future of the sport tonight on making money with charles payne 6:00 p.m. eastern right here. don't change your channel. melissa: there you go. the more you drink, the more you cost your company. really? the $249 billion hang over is coming up next
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hi, tom. hey, how's the college visit? you remembered. it's good. does it make the short list? you remembered that too. yea, i'm afraid so. knowing our clients personally is what we do. it's okay. this is what we've been planning for. thanks, bye. and with over 13,000 financial advisors, we do it a lot. it's why edward jones is the big company that doesn't act that way. . melissa: oh, yeah, baby! friday, almost 5:00, while millions will have a cold one, overdoing it will cost your bar tab. david: it cost the u.s. 249 billion dollars a year, about two bucks a drink. melissa: come on! >> from reduced workplace
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productivity in other words hangovers. i have two words for everybody. a peruvian spice cures hangovers. a-j-i, amarillo. you sprinkle it in soup and it goes away. >> i thought you were going to say put it in your hair. "risk & reward" starts right now. deirdre: the fbi is investigating an apparent cyberbreach of dow jones industrials. a group of russian hackers infiltrated the servers of dow jones and other publications. peter barnes with the latest. this probe started about a year ago? >> reporter: yes, and it is done with the help of the cybersecurity firm according to dow jones which disclosed this hack attack last week into its

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