Skip to main content

tv   Varney Company  FOX Business  October 28, 2015 9:00am-12:01pm EDT

9:00 am
dagen: yeah, baby! . sandra: tom at 6 a.m. eastern, we get up early so you don't have to. no, wait, get up early and watch us. okay? "varney & company" is next, stuart varney it's all yours. stuart: you're killing me, sandra. a fine toss to the varney show. thanks, sandra. it's still the world's number one technology company, it's still the world's most important product. so what's with apple stock? good morning, everyone. yes, they sell 48 million iphones in three months and sell a whole lot more for christmas, what a stellar performance again. but the stock is not doing much. we have people on the show today who would not touch it. remember, please, they have 200 billion in the bank. it's going to be a big day in politics. trump goes off carson and john kasich is fed up with what he calls the nonsense and jeb bush has to cut through with tax cuts and growth. it's the republican debate. watch out for the leftists
9:01 am
among the moderators. impeach him, top guy in at the irs, he'll face the impeachment movement and it's alleged he lied about and covered up. and the new york mets-- catch it? got it. he's gone. "varney & company" is about to begin. ♪ >> well, we are going to open that market in about 28 minutes and the dow industrials will go up a couple of points. starting out from about 17-5. we're going to go up just a little a few minutes from now. and then this. china, iphone sales give apple profits a nice boost. an apple forecasters say very
9:02 am
merry christmas, why the stock is stuck and it is. export numbers flat stock, we're on it. in fact for three hours, you'll hear about that. look at twitter, down big on a weak outlook. the honeymoon is over for jack dorsey, that stock is going down. wall street's boots, an alliance, we're going to pay 17 billion in cash, that's a big day. oil, that's been a pointer recently. today up 43 on oil today. and gasoline 2.19 a gallon, the national average and by the way, eight states are under $2 a gallon. i keep saying it, a buck 79 for new jersey. and the royals outlast the mets, 5-4, in the 14th inning that they won. and the mets blew two separate leads, including a one-run lead
9:03 am
in the 9th, the longest game won in the world series ever. game two tonight, and game two tonight is on fox. all right, let's get to it. john kasich has had it with the infighting among his fellow republican candidates. roll tape. >> i'm done with the being polite and listening to this nonsense. we better be careful that we don't turn this country over to somebody who is not capable of running it, with wild ideas and they can scream and bluster or operate your way to success. stuart: right. well, he said it, didn't he? meghan mccain is with us this morning. >> good morning, thank you for having me. stuart: kasich is fed up with it, does that mean he's going after trump and call him out, if he does, is that going to work? >> the only thing that's working is not going after trump which is shown by ben carson's rising poll numbers right now. between john kasich and jeb bush going on temper tantrum
9:04 am
tirades what america wants, what america doesn't want, another politician to lecture them on the process and. stuart: it sounds like you've got sneaking sympathy for ben carson and donald trump. >> i'm a lindsey graham marco rubio girl. i respect what america wants, and it never works if you're a popular two term governor and sit here on the high horse, this is the rhetoric and i'm so above it all and get in the mud with everybody else. stuart: i think a lot of people are missing here. they keep saying we've got to put the issues on the table. debate the issues, we are debating the issues in an entertaining fashion. >> yes, we are debating it. stuart: it's working in that sense. >> we're debating the issues, doing it an entirely different way and what john kasich is missing, americans are so angry
9:05 am
and the country is angry and ben carson is doing it differently and donald trump is capturing is in a day way and the candidates are losing and blaming the american public and that's not what's working. you're not resonating right now and it's interesting that governors which traditionally do so well during primaries, can't catch a break. and i like john -- and i should like john kasich, not into him at all. stuart: and republican discuss one issue, a purn to prosperity and donald trump is saying, and jeb bush, tax cuts. the single most issue making the economy grow and perform, so far we haven't done that. >> it's the america you want to see. coming back to a time when republicans are in power and same values that we hold and donald trump captures it and so
9:06 am
does ben carson. stuart: the first national poll, cbs and first national poll carson comes out on top. >> nothing could make me happier. it's like my birthday president, somebody knocked donald trump out of number one. it's good for democracy and healthy. stuart: so you don't like trump. >> and do you think i would like donald trump after what he said about my father, uh-uh, honey. >> and-- >> i'm going to get fired now. stuart: carson you like. >> i like what he's doing. i don't think he can win, i don't think he's tough enough. stuart: who's got the best shot of winning. >> marco rubio, hands down, the best person, to put against hillary. optics, personal narrative, i love him. stuart: one thing he hasn't come forward on is a plan to get the economy growing and prosperity.
9:07 am
i think he's been behind the curve on that one. >> he's third and after tonight he can step up and carly fiorina, poor thing, i hope tonight she gets more of a hit. stuart: thank you for joining us. >> thank you. stuart: see you later. and don't forget the fox business republican debate here on this network 6 p.m. eastern, 9 p.m. eastern, you've got to watch that one. that's the debate. ashley: there you go. baseball tonight. [laughter] >> that's cruel. you'll watch the world series tonight. ashley: when there's another debate on a different network? >> good man, good man. and republican simpson of wyoming is endorsing jeb bush and joins us on the phone right now. sir, it's a great pleasure to have you on the show, you have endorsed jeb bush, i put it to you tonight, sir, tonight is make or break for jeb. he's got to break out tonight. >> that may be, anyway it's
9:08 am
morning out here in denver and we're here with the group, and we hope that the moderator will ask all the lovely people what are you going to do to fix the debt, jack, and let's see what they say? because we've had about 240 questions asked of these people and not one of them said, what are you going to do about the national debt, which will be 20 trillion bucks at the end of this decade. and the reason i'm supporting jeb bush, let me tell you, if anybody is america is going to vote for anybody anymore that has had three months or three years or one term in the u.s. senate as the sole of their public service, you're going to get exactly what you're going to get. i would rather take a guy that ran one of the biggest states in the union and made it run. stuart: you've got to have growth. the real question, what are you going to do about the debt, i got that, but the real question, how are we going to get growth?
9:09 am
the only way to keep a lid on the economy is grow 4, 5%. prosperity. >> how are you going to do that when you're dealing with the budget and not dealing with two-thirds of the american budget, social security and this is goofy, goofy. stuart: we here you, senator alan simpson, appreciate you being up so early in the morning. take a look, this is going to be the stock of the day, not necessarily up or down, but where the most interest is. look where apple is going to open. >> the late yesterday, they reported they sold 48 million iphones they've made heaven knows how much money, i can't remember how much they've made in a three-month period. another stellar report. here is market watcher, shah galani. why would a stellar report like that, we're going to open up apple with a gain of a buck? >> i think it's the expectations for the analysts
9:10 am
have for this giant company not continuing to do the growth it's done. this fiscal year, 2034 billion dollars in revenue for the year. and tim cook noted yesterday, their increase, year over year, was 51 billion. that's more than 91% of the fortune 500 companies make in a year, just their growth, year offer year, it's phenomenal. >> they're not doing that, and-- >> they're getting greedy. they should be happy. this stock is undervalued here. >> undervalued? >> why he, they've got so much cash and the stock will continue to grow. this is a buy and hold for stock. >> let's see if you move the market, because it's going to open around 116, let's see if they'll listen to you, i hope they are. >> i think they will. >> all right, now, we cover it all on "varney & company" not just apple and the fed and all that. it's the singer, adel, she's
9:11 am
got a new music video and jo ling, bring me up-to-date on this. jo: we showed you the video last friday and bee knew it would be big. it's got 1 million views per hour in the first day. the biggest video debut, and beat out the "star wars" trailer at peak traffic. the song already that is more than 100 million views in total. and of course, her new album is coming on november 20th. stuart: before you go on to the next story. how do you make money out of 100 million views. >> you make money because people get excited and they will buy your album either on itunes or the store. stuart: okay. jo: another thing to keep your eye on, the nba doech into virtual reality last night in a season opener, fans could watch the golden state warriors versus pelicans game in a virtual reality headset. the first time, stu, a major
9:12 am
sports league streamed live in realities and you could see the entire court. stuart: did you see it? >> i saw people reacting to it, impressive the way they pulled it off. stuart: as long as you're not sea sick. i always have a problem with that. a bold claim from hillary clinton, she says the economy does better with a democrat in the white house. a lot of folks say that's inaccurate. house republicans are going after the irs commissioner and want him impeached. they say he's involved in a huge coverup. >> i'm a born-free american woman, wife, mother and citizen, and i'm telling my government that you have forgotten your place.
9:13 am
9:14 am
9:15 am
>> all right. look at this, aig, it's surging. well, it's going to be up a couple of bucks. the headlines from carl icahn. ashley: activists investors going after aig saying, look,
9:16 am
you need to split up. in an open letter to ceo peter hancock, icahn says that aig should look at tax-free separation from life and mortgage subsidiaries for three separate companies. why? because it severely underperforms its peers and they need to close the gap with peers and if doesn't, it's going to be facing unonerous regulatory burden and aig consistently trades at a substantial discount. not to get into the weeds, but basically he's saying you need to split this up and increase the value because right now you're jumped performing. stuart: so the stock is up 4, 5%. >> if they listen to him, could be good for shareholders. stuart: house republicans start with a charge from fox and friends this morning. >> the irs destroyed documents and the irs commissioner came before congress and the information he provided to
9:17 am
congress, the testimony he gave was false and there are consequences for this. and we're going to proceed with impeachment. stuart: he is proceeding with impeachment. judge napitano is here. take me through the process. >> the standard for impeachment, the same standard for everybody, used against bill clinton, treason, bribery, neither is relevant here, and other high crimes and misdemeanors. the government says includes lying under oath, misleading congress, destroying evidence and general malfeasance and incompetence in office. so the house will have an investigation because they have to come up with evidence, they'll present the results of that investigation into the full house. they need a simple majority vote, the equivalent of an indictment. that's the active impeachment and then it's september to the senate for a trial.
9:18 am
the senate could hold with the chief justice, or as they did with former president clinton or the way that they impeach federal judges, have a small committee of senators take the recommendations to the full senate and a vote of two-thirds of the state to remove from office. >> right, i'm going to go through again. this house will assembly the evidence and they say that they lied, deceived people and covered up the targeting of conservatives. >> yes. stuart: they'll get the evidence and the house will yet up or down, simple vote. >> i would think they would get a majority. and at this point he's been impeached and that's sent to the senate for a prosecution, the senate, as i said, can do a brand prosecution and bill clinton they did a small prosecution. in either case, it takes two-thirds of the senate, 67
9:19 am
votes to remove from office. >> i think it's gross frustration for what happened not getting to the bottom of the irs investigation. >> when the justice department announced that lois lerner can skate. stuart: nobody has been held accountable. nobody's been punished, nobody lost their jobs. and koskinen-- and walks away. >> charles krauthammer says it's doomed to defeat because the democrats will not vote for-- george will says it's good to know with a the irs did and that the republicans were elected to congress to do something. i have to agree with george over charles, but both are correct. ng i don't it's successful, but removing him from office may
9:20 am
not be their true goal. it may be exposing what the irs did under his watch. so you in are the hour-- >> and laughing at benghazi, we'll get it in. and ash carter, defense secretary wants our troops to engage in quote, and direct action in iraq and syria. that means boots on the ground. firing guns, more varney next. [ male announcer ] eligible for medicare? that's a good thing, but it doesn't cover everything. only about 80% of your part b medical expenses. the rest is up to you.
9:21 am
so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement insurance plans, they pick up some of what medicare doesn't pay and could save you in out-of-pocket medical costs. call today to request a free decision guide to help you better understand what medicare is all about and which aarp medicare supplement plan works best for you. with these types of plans, you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and virtually no referrals needed. there's a range of plans to choose from, too, and they all travel with you anywhere in the country. join the millions who have already enrolled in the only medicare supplement insurance plans endorsed by aarp, an organization serving the needs of people 50 and over for generations... and provided by unitedhealthcare insurance company,
9:22 am
which has over 30 years of experience behind it. ♪ call today. remember, medicare supplement insurance helps cover some of what medicare doesn't pay. expenses that could really add up. these kinds of plans could save you in out-of-pocket medical costs. you'll be able to choose any doctor who accepts medicare patients. and there are virtually no referrals needed. so don't wait. with all the good years ahead, look for the experience and commitment to go the distance with you. call now to request your free decision guide. this easy-to-understand guide will answer some of your questions and help you find the aarp medicare supplement plan that's right for you.
9:23 am
9:24 am
>> are we about to go to war again in the mideast? ash carter says the u.s. will send troops into syria to fight isis. listen to what he had to say. >> we won't hold back in opportunistic attacks against isil or conducting such missions directly, whether by strength from the air or direct action on the ground. stuart: chris is with us, a military expert and knows a thing or two about war. here is the question, chris, is this the beginning of a war in the mideast on our part? >> thanks for having me. it's not the beginning of a war in the middle east, it's an extension of the war in the middle east that never stopped. we started this in 2001 or started against us-- >> is it war? am i correct in using the expression war where we're sending troops on the ground, firing guns, boots on the
9:25 am
ground. >> thank you for that. we here double-speak from capitol hill. we can say we haven't been engaged in combat, the reality is we have been engaged in combat and the fewer people we have there, the more opportunistic they are as targets. we have to have at least enough people to conduct a self-defense and go on offense against isis. the push button warfare. stuart: they probably won't do it. president obama doesn't seem to have his heart to raise the number of troops you're talking about. >> i don't do political an analysis and i do strategic analysis, from a strategic point we need to have them in there. stuart: it's a form of war and we're back in it.
9:26 am
thanks for joining us. >> thank you. stuart: how about in? i've got know eer -- another metric for you on apple. they made a billion profit in the last week. a billion profit in a week. find out where the stock opens in an empty mo. in a moment. ♪ i built my business with passion. but i keep it growing by making every dollar count. that's why i have the spark cash card from capital one. i earn unlimited 2% cash back on everything i buy for my studio. ♪ and that unlimited 2% cash back from spark means thousands of dollars each year going back into my business... that's huge for my bottom line. what's in your wallet? you can't breathed. through your nose. suddenly, you're a mouthbreather. well, just put on a breathe right strip which instantly opens your nose up to 38% more than cold medicine alone.
9:27 am
shut your mouth and say goodnight mouthbreathers. breathe right technology empowers us it pushes us to go further. special olympics has almost five million athletes in 170 countries. the microsoft cloud allows us to immediately be able to access information, wherever we are. information for an athlete's medical care, or information to track their personal best. with microsoft cloud, we save millions of man hours, and that's time that we can invest in our athletes and changing the world.
9:28 am
9:29 am
9:30 am
>> i don't think this is going to be successful, but removing him from office may not be their true goal. their true goal may be exposing to the public what the irs did under his watch. stuart: that was the judge at the top of the hour. all about impeaching the top guy at the irs. remember, we do start at 9:00 sharp. guess what, it's 9:30 sharp and we've started trading on wall street. dow industrials are up is where we are. let's look at apple, the stock to have the week, the month, the century perhaps. a billion dollar profit per week and the stock has anticipated at 117. got it. ashley webster in here. liz macdonald and shah galani. you first up, shah, can apple keep up the growth? >> yes, they've got a great
9:31 am
array of products, revenue is so much to buy their bank left. nothing you can't love about the company. stuart: a stellar performer, it's 117. >> the investors are getting bigger. they have got at the point bigger and bigger, it's not big enough for the investor, but it for the shock. stuart: thank you. shah galani. and i want to bring in eric who says that it's a one trick pony. 30 seconds to get that. >> i feel like i'm seeing tim cook managing the steve jobs stake. and there are no new projects like in the past. apple music is terrible. the apple watch has been a disaster, so, really, i mean, at least with the michael jackson escape, you could find old songs somewhere. they don't have it so they're living off of this past legacy.
9:32 am
they can't get innovation. you have a growth company that doesn't have the engine. stuart: okay, stay there. we'll get back to you. >> it sounds like 1952, communist year, what are we going to do? will ied sap pell says we will have the consumer in five to ten years from now. they've got basically 50 million now. they've got 260 billion in cash on the balance sheet. you fix the corporate tax rate, that money comes back in or acquisition. ashley: laz season, 74 million. tim coombs called it the mother of all camps for this time around and look at this, the market is open. up 2 1/2 bucks that's it so far. we'll keep an eye on it.
9:33 am
a big day for twitter. big drop, 11%, that was a short honeymoon for jack dorsey. the company was in the dumps, and the problem the company isn't getting new users, the active users, they're essentially flat. haven't added anyone in 2015 in the united states. they're losing out to instagram and snapchat. and periscope, you saw that on the set, it's kind of like a news feed for journalists, where is the growth among the bigger population. >> somebody is waiting to see if it's taken over, who would want it? >> google might. stuart: would it pass the regulators? the dow is up 40 points. watch this, american
9:34 am
international group, aig. it's 3%. headlines from carl icahn. he wants to separate it. he says it will be worth more separated out. look at gopro please, the reports after the bell today. lower profits in akamai, and it's down big. 18%. you're coming with lower profits, they'll take you to the cleaners. same at hershey, lower profits and down it goes by 4%. walgreens is going to buy write aid. the second and third largest, what would you call them, pharmacies? >> the straight kwoern-- and the stock prices nicole. nicole: we're seeing walgreens down 4.7%, rite aid down 7.3%.
9:35 am
wall street journal reported the two were reportedly in talks, yesterday afternoon, we saw reid aid surge 43%. so, it's giving a little back today. the deal is about a 48% premium. $9 a share. you can see it and walgreens had better profit. they have to be against the number one, wal-mart and amazon. stuart: that's right, it's cbs on one corner and-- all over florida. >> cvs in urban area. you can buy rotisserie chicken, and lipitor and beer. stuart: on a friday night. nicole, we haven't forgotten about you, they can tune it 5:00, fbn a.m.
9:36 am
and nor gallop grumman has a contract to build a long range becomer, it's up 6%. a bomber, a new one for 80 billion. liz, look at me and tell me liz: 80 to 100 long range stealth bombers. in could be the largest contract awarded. they beat out heat-- lockheed martin. big move for northrop grumman and the stock is up. stuart: before we go to vw, the poor guy has been sitting out in chicago for six months and are you there? thank you very much. >> i am there. stuart: right. first of all, number one, i want your view on apple. what's wrong with it? >> you know, i don't see anything wrong with apple. you have a lot of people over the course of time saying how apple is never going to-- they're not going to make it continually go forward and they do. it's a very strong company,
9:37 am
they're selling a lot. may not have new innovation out there that we know of right now, but what they're doing with what they have is great stuff. and i do own it so i have a little bit of a bias. stuart: yes, you do. this is for you, dan, twitter, selling it, buying it or dead in the water? >> i think that twitter is dead in the quarter. a couple years ago i jumped on it, and over time i've gotten bored with it. i don't go on there and don't post much and i don't see what they're doing to get people attracted to it. >> it's just not happening. stuart: all right, very good, dan. we always think of you as an oil and commodity kind of guy, but you know your stuff with ample and twitter. >> thank you. stuart: how about vw, lower profits in the future because of the emissions cheating
9:38 am
scandal. >> liz, they haven't put a cost or price on 8 million vehicles in europe. >> that's right, it could be 11 million cars recalled. what is vw doing? they're meeting with the european union trying to limit their legal liability. they're in talks. >> way back when, shah. i was thinking about buying toyota because of the unwanted process and-- would you buy it? >> no, this is not a one on. this is systemic within the company and it's a problem that the legacy lawsuits are going to go on for years. and it's going to-- no, we have no idea how much they're going to have to put aside. over 6 billion aside this quarter, next quarter how much is it going to be? the european union is not going to let them get out of this. there's going to be a huge price to pay.
9:39 am
what, maybe, 10, 20, billion dollars. perhaps that or more. stuart: peanuts to a company like vw. zero interest rates you can borrow that. >> and i think it's going to hit liz: people love their cars. stuart: i'd buy it now. they've got audi. >> the cars are great, the sales are doing pretty good, but this is still going to be sticking with them for a long time. a head wind for a long time. stuart: boy, to be wrong. last night hillary clinton was on with stephen colbert, she says the economy is better with a democrat in the white house. dan got to bring you back in for this one. do you agree with that, do you believe that? is it accurate? >> i don't know, carly fiorina wrote a great letter in the wall street journal yesterday addressing that exact issue, for six and a half years we've had a democrat in the office,
9:40 am
how are we doing, 3.9% last month and 1.7% gdp this quarter? i don't think we're doing so well so by her metrics i think she's off. i'd like to see some concrete proposals on any of the candidates to make this economy g grow and they're not doing it liz: government spending is added to gdp. when they open the fire hydrants. it makes it look like they're going. princeton university went through and no correlation whatsoever and said it's luck, timing and touch of policies because it's a lagging effect of policies. stuart: i remember ronald reagan's tax cuts equals prosperity equals tax cuts equals job. >> comes down the road. stuart: this is important, a notice of great import. the fox business wall street journal republican business debate on tuesday, november 10th, 6:00 and 9:00 eastern time. this you don't want to miss,
9:41 am
that's an all-star lineup. you've got to watch that. eric schiffer is here with us. why apple is not an inner with, that's the story of the day. >> like i said, it's like watching tim cook oversee the estate of steve jobs, there's no visionary products like i said. and frankly, when you look at the iphone, it's a commodity. 60% of apple right now. 60% of ref into us and you're talking about sales that are beginning to go down? they went down quarter after quarter, they actually went down by a cent in china irrespective of what cook has said. look at the companies that relied on one product like that, motor roola,
9:42 am
>> one of the reports last night was that they were doing well in china, that eye phone sales had gone straight up. >> doubled. ashley: from the last quarter. year over year, great, but-- >> in terms of growth. stuart: okay. eric, come back in, the bottom line of your argument seems to be that they cannot-- apple cannot look towards stellar growth in the future the way it's grown in the past. is that your bottom line? >> that's the bot many to line, stuart and that's the concern if you're an investor and you need to be aware of that. you're investing as a growth stock. that's the concern for investors. >> when we think of apple, something going straight to the roone like netflix or whatever. thank you, everybody, great start to the trading day today. we're 12 minutes to the session, we're up-- >> bill gates perhaps one of the biggest capitalists it of
9:43 am
our generation and time he says that socialism will solve climate change and his comments . the wait you rate individuals and say it leads to bullying. the founder of peeple, p-e-e-p-l-e next. ♪
9:44 am
9:45 am
9:46 am
>> how about this? it seems bill gates is endorsing socialism. let me back off a little. the former microsoft chief addresses climate change and says, the private sector in general is inept.
9:47 am
to manage climate change, there's no fortune to be made, the only solution lies in government. ashley: i find this remarkable. let's not forget what got him where he is in the free market economy. you get the champagne socialists who get all of this money, whether it's guilt or whatever, decide they want to preach from the mountainside how things should be. you know, he says, look, as you said inept, the private sector is selfish, inefficient. if you want efficiency floored me, he said leave research to the government. stuart: really? it flies in the face of the numbers out there liz: and, the research grants aren't coming in from the government. and how does mr. gates square with decarbonizing the economy is beyond astronomical. so it would be beyond astronomical for taxpayers to
9:48 am
pay and government waste on a lot of these. ashley: he praises china for green energy efforts. stuart: really? >> you can't breathe the air in beijing. stuart: i want to bring in someone else, john hudak with brookings institute. look, john, i think of the brookings institution being left of center and you heard the discussion about bill gates saying government basically soft socialism solves climate change. what's your take on this? >> well, i think mr. gates' comments are a bit odd for sure. i think to solve climate change, it's a serious issue that businesses are thinking about, not that they're not trying to fix it, but it has to be some combined solution, some from government, a source of regulator and some from the private sector who is frankly going to have a profit motive if climate change is going to ruin the world environment. there's a profit motive across
9:49 am
the companies. stuart: if you let people make a profit in search of that goal, isn't that the best way to reach at that goal? that's private enterprise and capitalism, what it does. before you go, i want to ask you about the debate tonight. >> sure. stuart: what do you think? i think this may be jeb bush's big chance to break through on the economy and growth. what say you? >> oh, i think it's absolutely jeb bush's opportunity, but it's probably an opportunity he's going to squander. i think the most fascinating part of the republican race the few weeks how donald trump has risen above the crowd, looking more like a presidential candidate. and jeb bush and marco rubio, looking like novices, like donald trump. stuart: i'm surprised to hear you say that donald trump looks more and more like a presidential candidate. i'm not used to hearing that
9:50 am
from the brookings institution. >> we don't toe any party line, i can tell you that. but what i will say is that donald trump is building an organization, he's staying well-funded, mostly self-funded and starting to tone down the nasty rhetoric he realizes got him on the map and realizes isn't going to keep him there. he's changing the way he needs to change. everybody else is changing in the wrong way. stuart: if he did that, and toned it down in the forth coming debates, do you think he would emerge as the guy who is the nominee? >> i think so. a lot of people are flocking away from these establishment candidates and where they're going right now. first they went to carly fiorina and didn't like what they saw, and now they're going to ben carson, it's trump's opportunity to show the carson supporters that's not what they want either, that they want donald trump. if he think do that, he'll get traction. stuart: you've got to remember, watch the debate one week from today. two weeks. >> that's the big one, yeah. ashley: yeah. stuart: november the 10th, news
9:51 am
november 10th with the fox business network and the wall street journal. you've got that, john? >> i got it. i'll be tuning in. stuart: excellent. very, very good. thank you very much indeed. one more plug for that debate tuesday november 10th 6 p.m. and 9 p.m. eastern time. star-studded moderators asking the right questions, that's the debate they'll watch. now this, first, it was bacon and red meat and now another big food i mean that scientists say is toxic to your children, something they probably eat every day. we're on that one and it's an app that received a firestorm of criticism, they call it the yelp for people. you can rate the individuals on the map. the maker staunchly defends it and she's next.
9:52 am
you wouldn't take medicine without checking the side effects. hey honey. huh. the good news is my hypertension is gone. so why would you invest without checking brokercheck? check your broker with brokercheck. can a a subconscious. mind? a knack for predicting the future. reflexes faster than the speed of thought. can a business have a spirit? can a business have a soul? can a business be...alive?
9:53 am
on their auto insurance. wouldn't a deal involve two parties discussing something? a little give? a little take? because last time you checked, your rate was just, whatever they say it is. why not give you some say in the matter? or -even better- let your driving do the talking. liberty mutual righttrack finally puts you in control of your rates. all you have to do is connect, drive and save. in fact, safe driving could save you up to 30%. with 5% off just for signing up. for righttrack. and the discount is good
9:54 am
for the life of your policy. to get started, visit a local office or call liberty mutual today at take control of your rates. visit a local office or call see car insurance in a whole new light. liberty mutual insurance hey, i see you're working on need a little luck? uh... no, i have td ameritrade's investing tools and education,
9:55 am
so i'm confident that i'm making smart financial decisions. but thanks! okay... trisha, you need any luck? i do not. eric? i'm all set. nice word play by the way. "my name's luck." thanks, sully. i got it. you don't even work on this floor! you don't work on this floor! td ameritrade. you got this. peeple, that's with a double-e. it's called the yelp for people. what you think about them. the founder is here. julia, you know the criticism ap there has been a firestorm of crit stichl that this-- criticism and this allows people to to be nasty and
9:56 am
teenagers who could be nasty to each other on your app. how do you respond? well, first of all, i think there's a lot of misunderstandings what this app will be and what can do. first of all, teenagers cannot use our app,you need to be 21 and older, and there is no ability to review people and on this app you have a lot of checks and balances. stuart: are you sure that teenagers are not using the app? how do you do that? how can you do that? >> sorry, i don't understand your question on how can you do that? >> how can you stop teenagers from using your app? how do you do it? >> when you log into our app there's a double authentication process you need to log in through facebook, which will allow us to see your age. you will also have to agree to being 21 and older and you also have to give your cell phone number which we can sell your pin to confirm that you're actually a person. stuart: okay, so fast forward,
9:57 am
you're 21 years old. you're rating other people and other people can see your rating of other people and everybody gets into the nastiness. you see where people are coming from, don't you? >> so, we have a lot of empathy for the feedback we've gotten and made great changes to the app that we're excited to announce. first and foremost it's 100% opt in. no one can add you to the app you have full control what goes live on our app. you're the one na can decide what gets put as a recommendation for you. and the fourth thing is, we've removed the five star rating. we really took that feedback to heart and came up with a more comprehensive, honoring recommendation score which we're excited about. stuart: julia how many people have the app, how many users. >> we haven't launched yet and happy to be beta testing in november and our goal is to have our app launch on ios
9:58 am
store in early december. stuart: thanks for being with us. >> absolutely. stuart: much appreciate it. >> thank you so much. stuart: apple is the stock story of the day and we have some saying stay away from it and we have defense secretary ash carter, are we in a war? right...well, if the portfolio you're invested in doesn't perform well for two consecutive quarters, amerivest will reimburse your advisory fees for those quarters. i wasn't born yesterday. well, actually it looks like you were born yesterday. happy belated birthday. thanks. for all the confidence you need td ameritrade. you got this. ..
9:59 am
10:00 am
stuart: these are the big stories, apple, $1 billion a week in net profit, the most voluble company and the world, that would be happily and we have a stock picker not sold on that spot, he he sit. dramatic video and i mean dramatic video on of europe, thousands of refugees flooding love border, la and that, that is a column of people marching across europe like an army. this is not a happy ending. that is extraordinary video and
10:01 am
more upcoming. the obama administration says it will use direct action against isis in syria and iraq, boots on the ground on the way. is this a war. second hour of "varney and company" starts right now. ♪ stuart: look here, we have a modest rally this wednesday morning. i guess you can call it that. we are up 80 points on the dow, 17662. twitter, there's a big loser today down 10%, a weak outlook in a difficult position, look at aig, carl icahn has a stake in the company, he wants to split it into three separate companies, that stock is up. walgreen's is buying right a, they will pay , they will payte-aid ,
10:02 am
they will pay, they will pay $17 billion in cash. apple reported a huge jump in profit driven by a massive sales of the iphone. look who is here. he does not like apple. you are a bear on apple. if you owned it you would sell it. >> you have to understand what is going on. they had their run. they are whistling past the graveyard because earnings per share were good, revenue was great, gross margins look good but they are hiding something, that is the flaw of the model, the flaw of the apple model is they keep rolling out new versions of old products and a perfect example is the iphone 6. a role that out and cannibalize i add sales of that is what
10:03 am
apple is doing, relying on this, cannibalizing sales of other products and there's nothing else. stuart: that is a gigantic jump in profit and sales of the iphone. they're selling a 21,000 devices at day. >> we have been spoon fed the idea that the way apple is going to grow is china. they are growing in china but if you look at this quarter, flat. if they don't grow in china. stuart: compared to last year. quarter to quarter. >> you are looking at the astronomical expectations on the china market are baked into this stock. a lot of people expected china to grow faster than it was going to grow and what you have with apple, rolling out new versions of old products you have to look at the fact that they are holding $210 billion in cash which means to more than most
10:04 am
sovereign wealth, means to me they are not innovating, they are not innovating, they are not bringing the products that are going to grow revenue for the future. stuart: very interesting view of apple. we think of apple is a stellar company and it is. >> people have such high expectations they put it on a pedestal. he speak against apple you are a blasphemer. you can't say a bad word about apple as an american. stuart: hold on a second. i don't know whether you follow individual stocks. i don't think you do that much. i tend to think that maybe the next stellar performer is facebook. i don't think they properly monetize the billion daily users. >> i agree. i have been pushing for the twitter/facebook merger for quite a while. i see facebook once they monetize face book has a much
10:05 am
different growth trajectory. they monetize and then you will see that hockey stick tight growth tech companies are capable of having. they are not mature, they are not a mature company. they have a ways to go. i think twitter/facebook interactions seems like a good idea. stuart: you are all right. back at the office you are in trouble, thank you very much, we appreciate it. defense secretary ash carter says the u.s. will begin putting pressure on isis and iraq and syria. listen to what he says. >> we won't hold back from supporting capable partners in opportunistic attacks against isil or conducting such missions directly whether by strikes from the air or direct action on the ground. "cavuto coast to coast" when you heard that? direct action on the ground. come on sarah carter, the american media institute with a lot of experience in foreign policy. i am asking this question to everybody today.
10:06 am
are we back in a war situation? boots on the ground, firing guns in the middle east? >> yes. the reason i say this is i just returned from iraq two weeks ago and this is the beginning of what a lot of people said this is mission creep. in iraq right now when i was on the ground i was -- i could literally see isis strongholds, they have been holding that area more than a year, they hold most of, ramadi, and extremely strongholds, when i was there they were building up their forces in mosul in preparation for an offensive. there was no strategy and they're still really is no strategy but i think the president realizes, the defense department realizes if something isn't done they are going to lose a lot more than what they are already looking at and we can see the islamic state has spread globally. stuart: there's already a ground war that has begun with russian
10:07 am
troops, literally soldiers on the ground and iranian troops on the ground backing bashar al-assad in syria. we propose to bring in special operations forces with our own air cover but another ground war, isn't it? do you think isis is truly, seriously threatened? >> yes. i think they are threatened to some extent but isis has had the opportunity for more than a year. going back to 2011 i remember when russian militias were on the ground and people were reporting but russian secret fighters or secret operations were inside syria at the time, so where's the iranians. this is nothing new, just more overt right now and isis is feeling threatened in a number of areas but without a significant strategy they won't be able to hold those areas.
10:08 am
even the russians are hitting our own support stature inside syria, the free syrian army. we have been dealing with the free syrian army, small rebel groups working with our special lot guys for a long time but right now what we are seeing is the russians as well as the iranians are targeting those. stuart: it is an interesting reversal of policy from president obama on a variety. will we keep troops in afghanistan longer than we thought, boots on the ground in syria going after isis, sailing the navy past those disputed man-made islands, it adds up to a reversal of president obama's policy which he doesn't seem to have his heart in. >> absolutely true. there hasn't been a strategy from the beginning on any of these issues. president obama according to the sources i have been speaking with, u.s. officials were very close to operations in the region didn't want any collateral damage. zero collateral damage.
10:09 am
the strategy was limited, air strikes from the air, most of those planes are not even dropping their ordnance where they should be, they are flying back with their ordnance though there was very limited action inside syria, inside iraq. when i was there they were saying we are not going to go into mozilla, we are not going to go into ramadi, we are not going to help liberate these areas, it combat troops are not with us on the ground meaning special operators, that is the question right there. whether or not we can liberate those areas with our partners, once you put people on the ground you have to deal with logistics'. there will be a lot more people heading that way. stuart: we admire your professionalism and courage, thanks for joining us. something different here. the nuclear regulatory commission has issued, wait for it, his first new operating license since 1996.
10:10 am
this allows a plant in the tennessee valley to begin generating electricity before the end of the year from but new. that is a big win for my next guest, republican senator lamar alexander. how long did it take you to get this permitting process and i know the plant has been built, how long did it take? >> probably 30 years, 35 years because they started it and stopped it and started it again. stuart: when will it start creating juice as in electricity? >> it does that now. it is fired up. it started, it will produce 1250 megawatts to tried to give you some sense of that we have 99 reactors in the united states, this makes 100 and they produce about 20% of all of a trustee in the country, 60% of carbon free electricity so is the massive imports to the united states.
10:11 am
stuart: what i don't understand is we want non fossil fuels, we want to create electricity without putting carbon into the atmosphere and nuclear power is the way to go, so why don't we embrace nuclear power? surely it is the power of the greens, end they had at any price. >> you won't solve climate change with windmills. we are spending billions of dollars on, you can't run a country that uses 25% of all electricity in the world, with windmills the only operate part of the day, you can't replace coal for natural gas or any fossil fuel, the only really clean, cheap, safe, reliable electricity for a country is large is nuclear power, we should have a hundred new reactors, not one. stuart: how much will be electricity cost? give me an idea of price produced by the new plant. >> the national academy of sciences study shows
10:12 am
nuclear-powered is relatively inexpensive. the plant is expensive but the plant last 60 years and some may go as long as 80 years and they operate all the time, 90, 95% of the time, the wind only blows the third of the time so the cost is relatively comparable to coal and natural gas and a vote renewable energies are more. stuart: do you think republican administration if that is what happens in next year's election, a republican in the white house, republicans in the senate, in the house, do you think you would get a few new newt plants built with that political scenario? >> yes. regardless of your politics you ought to be nuclear-powered because if you care about climate change is the only solution. if you care about your job not going to mexico and want reliable electricity, you want the safest form of electricity it is nuclear power, they have a better safety record than any form of the electricity, not one single person was hurt at three mile island, 25 years ago, 35
10:13 am
years ago, which is the most celebrated nuclear accident we have had. stuart: lamar alexander, a pleasure to have you on the show. we are covering a variety of stories, we have a nice market rally at a points on the dow, apple is that in the water despite making a whole lot of money and we have this story coming up. just mayo. that is that a free vegan mayonnaise, apparently threatened by the a board, they joked about putting a gangster style hit on the company ceo who is here after this. so what about that stock? actually, knowing the kind of risk that you're comfortable with, i'd steer clear. straight talk. multiplied by 13,000 financial advisors
10:14 am
it's how edward jones makes sense of investing. if you're an adult with type 2 diabetes and your a1c is not at goal with certain diabetes pills or daily insulin, your doctor may be talking about adding medication to help lower your a1c. ask your doctor if adding once-a-week tanzeum is right for you. once-a-week tanzeum is an injectable prescription medicine that may improve blood sugar in adults with type 2 diabetes, along with diet and exercise. once-a-week tanzeum works by helping your body release its own natural insulin when it's needed. tanzeum is not recommended as the first medicine to treat diabetes or in people with severe stomach or intestinal problems. tanzeum is not insulin. it is not used to treat type 1 diabetes or diabetic ketoacidosis, and has not been studied with mealtime insulin. do not take tanzeum if you or your family have a history of medullary thyroid cancer or multiple endocrine neoplasia syndrome type 2, or if you're allergic to tanzeum or any of its ingredients.
10:15 am
stop using tanzeum and call your doctor right away if you experience symptoms of a serious allergic reaction which may include itching, rash, or difficulty breathing; if you have signs of pancreatitis, such as severe stomach pain that will not go away and may move to your back, with or without vomiting; or if you have symptoms of thyroid cancer which include a lump or swelling in your neck, hoarseness, trouble swallowing, or shortness of breath. before using tanzeum, talk to your doctor about your medical conditions, all medicines you're taking, if you're nursing, pregnant, or may become pregnant. and about low blood sugar and how to manage it. taking tanzeum with a sulfonylurea or insulin increases your risk for low blood sugar. common side effects with tanzeum include diarrhea, nausea, injection site reactions, cough, back pain, and cold or flu symptoms. some serious side effects can lead to dehydration which may cause kidney failure. ask your doctor if adding once-a-week tanzeum is right for you. go to tanzeum.com to learn if you may be eligible to receive tanzeum free for 12 months. make every week a tanzeum week.
10:16 am
it's how you stay connected. with centurylink as your trusted technology partner, you get an industry leading broadband network and cloud and hosting services. centurylink. your link to what's next. stuart: it is official, house speaker dennis hastert pleads guilty. he has made hush money payments, pleaded guilty to that, faces six months in prison, the sentencing will be set for february. check the big board, a modest
10:17 am
rally dumbest 70 points, simon teen-6 on the dow, the forget goals, the price of gold is up $9, $15 an ounce, a $11.80 on goals. the out chrysler has a problem with the cost of those recalls and the stock is down 4%. floyd may weather jr. sporting an expensive new ride. jo lin kent has the story. jo lin: the boxer spent $3 million on a flashy new sports car, shut off the 26 on is instagram page. car is gone, it is sold out. a new study says reduced process sugar in the diet for a short nine days actually had lower cholesterol, blood pressure and blood sugar. researchers at the university of
10:18 am
california san francisco's a this confirms that sugar is a major cause of diabetes and heart disease. speaking of sugar and can be halloween three days away and target is jumping on the bandwagon creating an apps that will best locate the best highest quality trick-or-treat spot using your mobile device. the tool allows you to add someone else's home and upload ars are.sically you confined out stuart: we used to do that with my young kids, we found a street in a town where we lived, not not much traffic, everyone had lights and candy, walked up and down the street and that is it. economical way of trick-or-treating. then just mayo, the mayonnaise company that does not use a gas. got it? made by hampton creek.
10:19 am
that is threatened by the egg board, welcome hampton creek ceo, frequent guest on this program and you always send us a whole case of this mail. now you don't use eggs in the may 0th. billboard is coming after you. what are they threatening you with? >> the american egg board is run by the usda, they paid someone, to block the initial distribution of the product influencing policy, they stood up to and good on the usda you might congratulate the obama administration for looking into it. of the when you are a vegan, the lookout for people like you. what does the egg board have a problem with, that you don't have eggs in your mail or can't have mayo without eggs? >> they are two things.
10:20 am
not just a tiny company in san francisco, we are making a huge dent in making food better, how fast we are going and also we are using plants not because we are obsessed with plants and crops but we enjoy working with farmers to reduce cost of food to use less water and that is a threat to their business model, but senator mike lee from utah has spoken out against this is a free-market economy and made the best product win so we will keep pushing on. stuart: you are not a tiny company, you have considerable sales through wholefoods, i don't know if you are prepared to do this or not it can you tell me your gross revenue for the past year? >> one of the fast-growing companies in the planet, not just old news but wal-mart, dollars free, the biggest food, it's than-service company in the world and think about that. not just cold foods but the dollar tree and remember the
10:21 am
point of the company, make it easier for regular people to eat better and that is why some incumbents, not all of them but some incumbents are feeling a little friend. stuart: can you say this, i you the largest vegan food provider in america? >> i would say we are the fastest-growing food company that aligns with your values. stuart: i $100 billion year company yet? >> the value of the company, i don't want to get into revenue, but i will tell you there are a couple reasons. the american egg board came out because we started landing in whole foods, you can imagine what some entrenched interests might do if they knew our new revenue. a capitalist and leader of our company, i have to be smart about it and as we grow comments as we potentially enter the public market, we have to make
10:22 am
sure we are keeping the right information to us and the right information publicly. you would understand the stuart: i do understand is that was a very good on your part three minute commercial for hampton creek. all your messages, this wicked a board, you did very well, you did very well. we are done with the male. we have boxes of it. we need sweatpants. tabor very good, we like them, i wore them briefly and cookie dough. we like that. next time you are on, big time. see you later. ashley: doing your shopping now? cheryl: wicked egg board. >> i your going to sing.
10:23 am
slovenia, the first european country to be truly overrun by migrants, dramatic footage. it is a huge crisis, my take on it next.
10:24 am
10:25 am
10:26 am
stuart: slovenia at is the first european country to be truly overrun by migrants from north africa. it has a population of 2 million people, 100,000 migrants have arrived in the last two weeks, slovenia simply cannot cope, it has called out the army and is asking for extra military help from the rest of europe. but authorities have lost control of their own country. that video is astonishing. tens of thousands of people marching like an army across europe and there are a whole lot more to come.
10:27 am
this is a direct threat to europe and what kind of place it will be in the future. most of the migrants are muslim. they will swell already growing muslim minority. to put it mildly, tension is rising. there is a political backlash. opponents of this migrant tide are gaining a lot of ground. politicians who don't have much time for the european union itself may well be forming government soon. europe, frankly, is cracking up. there is a financial backlash. mired in recession, massive debt, who will pay for the health, education and welfare of millions of newcomers? and what is europe supposed to do? anyone who sees these people trudging thousands of miles to approaching winter has to feel sympathy, some concern for each human beings in deep distress. it is clearly a humanitarian crisis. this is not going to happen at the ending. there is simply no solution.
10:28 am
this is suffering on a mass scale for every one. let's be clear at least about why this is happening. islam has failed to produce stable, prosperous societies. so many north african countries are now run by thugs with guns and a cave man ideology. that is why millions are desperate and millions are on the move. one last point. europe is so politically correct that i could be prosecuted for saying what i just said. they are going down to defeat and not allowed to say why. prophetic.
10:29 am
10:30 am
10:31 am
stuart: holding onto a modest rally. seventy-seven points higher. look at diamond foods. the walnut people.
10:32 am
they hit a new high. thirty-eight earlier. a snack food maker. buying diamond foods for a billion dollars. there is money in walnuts. the amount of oil went up by 3 million barrels. that is more in storage. more supply. the prices up 4%. okay. appearing before congress yesterday. targeting of conservative groups. roll tape. >> fired, fined, reprimanded, flap on the risk, talk to in a stern manner. >> you are saying that everything is fine. >> the recommendations that we are implementing is we need to have a better operation to ensure that it does not happen.
10:33 am
stuart: starting the impeachment process. joining us now paul. very good to have you with us, sir. as i understand it, the house will now collect evidence into what he has done wrong. presented to the house and then there is a straight up or down votes. >> absolutely. we got most of that information. referred to the judiciary. what he actually did was, he knew this was coming in when he took this nomination. there was a subpoena. he still refused to follow through with comp line with congress. stuart: you can prove this. you can match what he was told to do and what he did. >> it is even worse.
10:34 am
that is the part that is so egregious. american public find no one is following the consequence of this. he knew exactly what he was doing. there is no trust. the impeachment aspect needs to go forward. last friday, we found out that lois lerner would face no criminal charges whatsoever. you are really frustrated about this. my last way of getting this out. >> republicans are frustrated. bureaucrats in washington, d.c. get away with a whole set of different crimes than they do. there are two powers that the house has. our leaders have to understand the efficiency act. accountability.
10:35 am
impeachment. we need to hold people accountable. unfortunately, laws that they want to uphold and they do nothing with. stuart: no one that has been held accountable so far. thank you very much for joining us. thank you, sir. coming up at the top of the hour. she was targeted by the irs. she is now running for congress. becky joined us at 11:00 o'clock this morning on this program. hillary clinton. addressing the economy. last night, watch this. >> i believe and i think the evidence supports this that the economy does better because you do have to work out some pretty powerful forces. you are pushing back all the time. >> that is what the economy is all about.
10:36 am
>> i think that she is totally wrong. the economy does better. let's just talk about this president. seven years and starting out the year expecting an acceleration in the second half. what we have now is declining durable goods orders. any number of suggestions. come election, you may be in a recession. the growth could be less than 1%. i think it will be an argument that is going to get harder and harder to make. stuart: i do not under she is doing this. that economy is not really doing that while. >> foreign-policy. i do not think that she wants to go there. the worst that they have ever been. how about race relations. income inequality.
10:37 am
where are you going to go if you are following president obama. i think that it is a ridiculous promise. the better off sheet is -- the better off she is. stuart: what we need more than anything else is growth. no democrat would talk about growth, average. >> that is like a red line. it really is unbelievable. can't wait. cannot wait. stuart: thank you for being with us. there is a town in new jersey. the first u.s. city town to curve drunk driving by giving
10:38 am
residents to drunk to drive free rides home with uber. the mayor is randy brown. he is here right now. you are back on the show next week. who pays for this? >> great people. my brothers mortgage company. not a penny from the taxpayers. we have the celebration. all non-taxpayer-funded programs. stuart: volunteers coming forward and. >> it is not even drunk. people who feel that they are not comfortable enough to drive home. we want to bring our own residence home safes.
10:39 am
to me, what else is better than bringing your own residence home safe. stuart: is it your idea? >> i came up with idea when i was on a run in august. we need to find a way to get our people home. any of the bars and restaurants. stuart: people are using it. >> we took home over 350 days in the first few days of our pilot program. 50,000 people living in town. over 500 already. stuart: it will be of use. this guy is driving me home.
10:40 am
taking uber to the restaurant. we will take you home. the average price is $10. how much money is at life really worth. you cannot put a number on that. stuart: what do local taxi say about this? we want to make this as simple as possible for our resident. this is just an evolving program that we were hoping and believe should be throughout the united states. we started getting donations from the bars. over 150 members there. we have thousands and thousands of dollars coming into this program. >> i also coach for the baltimore ravens. i the only one that has won a super bowl.
10:41 am
stuart: look at that. that is gigantic ears. stuart: à-letter program. we thank you. cheryl is behind me on the balcony. what is it? here is the stock right here. i want to show it to you. apple, those numbers very, very strong. china, though, a huge story for apple. so much cash on hand. it is a little volatile. what are they going to do with the money? they gave money to every american right now. within $600 a piece to every single american. that is kind of the next
10:42 am
question. stuart: the question was asked on this program, you have $200 billion in cash. why aren't you putting that into a new product. >> because then you get taxed. stuart: thank you very much. listen to this. the burger chain, carl's junior. out with a new commercial. sex does cell. watch this. >> nice package. thanks.ivme oh.agement ca >> 55. that's the power of active management. you can't breathed. through your nose.
10:43 am
suddenly, you're a mouthbreather. well, just put on a breathe right strip which instantly opens your nose up to 38% more than cold medicine alone. shut your mouth and say goodnight mouthbreathers. breathe right sometimes they just drop in. always obvious. cme group can help you navigate risks and capture opportunities. we enable you to reach global markets
10:44 am
and drive forward with broader possibilities. cme group: how the world advances. ♪ nicole: i am nicole petallides with your fox business brief. stocks are higher. the dow jones industrial average is up. we await to hear for the fed policy statement. handing out what will happen. the nasdaq up 20 at the moment. including green across the board. pfizer, ibm and chevron are the best performers. united health under pressure. down about 5%. the company did swing to a net loss in the quarter. discovering those losses.
10:45 am
down about three and a half% now. hershey seeing weak demand in the latest number of sales. they have not been able to market their sugary snacks. we want you to start your day every day at 5:00 a.m. on fox business. ♪
10:46 am
10:47 am
>> some things that you just have to see. a racy new ad from carl's junior. >> nice package. >> thanks. oh. >> 55. >> the alternate care package. [laughter] stuart: i think we ran the audio over my video. with us now, the executive that okay that. the ceo of ck be restaurants. carl's junior is one of them. i did not get the tie in there with the videogame. the call of duty. what is that all about? >> that ad was filmed with the new release of call of duty. we filmed it along with the
10:48 am
filming of the video game. the ads will promote that game. tying into these videos, tying into a release, call of duty is bigger if you tie into an introduction of a new harry potter movie. probably the biggest tie-in we have ever done. >> a bigger seller than sex? >> i do not know which one would be a bigger seller. excuse me. [laughter] stuart: how could you take that seriously? i am just reacting to what you say. a classic hit. you are going after the 16 to 25-year-old man. is that it? >> we call them young hungry
10:49 am
guys. the ceo of activision, we used to sit together at lakers games. our ad agency which also represents activision finally put this together. they do a wonderful job in these brand pairings. we are excited about this. on november 11. people that are interested in buying it, the call of duty alternate care package, burger, large fries and a large soda, all of the sales on november 11 of those alternate care packages will go to the activision endowment for veterans. really good jobs for about 15,000. our company is very supportive. stuart: brilliant executive and corporate america. i just gave you three minutes of airtime. how about this. >> i appreciate that.
10:50 am
>> i am sure that you do. >> we released this ad on monday. we already had 260,000 reviews. i will check again and see how many more views the interview generated. it has been successful already. stuart: i was supposed to ask you about hillary clinton and her comments last night. i do not have any time. you are a great guy. we thank you very much for being with us. come back again soon. >> politics. lots of material they share. saturday night live top writer joins us next. ♪
10:51 am
♪ ♪ (singing) you wouldn't haul a load without checking your clearance. so why would you invest without checking brokercheck? check your broker with brokercheck.
10:52 am
a dry mouth can be a common side effect. that's why there's biotene. it comes in oral rinse, spray or gel so there's moisturizing relief for everyone. biotene, for people who suffer from dry mouth. approaching medicare eligibility? you may think you can put off checking out your medicare options until you're sixty-five, but now is a good time to get the ball rolling. keep in mind, medicare only covers about eighty percent of part b medical costs. the rest is up to you. that's where aarp medicare supplement insurance plans insured by unitedhealthcare insurance company come in. like all standardized medicare supplement insurance plans,
10:53 am
they could help pay some of what medicare doesn't, saving you in out-of-pocket medical costs. you've learned that taking informed steps along the way really makes a difference later. that's what it means to go long™. call now and request this free decision guide. it's full of information on medicare and the range of aarp medicare supplement plans to choose from based on your needs and budget. all plans like these let you choose any doctor or hospital that accepts medicare patients, and there are no network restrictions. unitedhealthcare insurance company has over thirty years experience and the commitment to roll along with you, keeping you on course. so call now and discover how an aarp medicare supplement plan could go long™ for you. these are the only medicare supplement insurance plans endorsed by aarp, an organization serving the needs of people 50 and over for generations. plus, nine out of ten plan members surveyed
10:54 am
say they would recommend their plan to a friend. remember, medicare doesn't cover everything. the rest is up to you. call now, request your free decision guide and start gathering the information you need to help you keep rolling with confidence. go long™. ♪ stuart: s&l gearing up for its bread and butter. thank you so much for being here. your cohead writer. you have so many great char >> that is true. every four years we get this nice onus.
10:55 am
this year, absolutely no exception. we just did our democratic debate sketch. larry david was so nice to come on. that worked out really well for us. we hope to keep that momentum going. one time when everyone is paying attention to it. >> i want to get to the real reason you are here. a series of videos. regarding comedy and sports. explain what it is. >> it is called the ticker. a digital. it is a facebook page. it is twitter. all comedy about sports. there are so many passionate sports fans and their websites. they have analysis and commentary. and a lot of comedy websites.
10:56 am
we are trying to fill a niche that we do not think has been filled yet. between a minute and a half and four minutes. the kind of thing that you may pass around to your friends the next day. stuart: liz, you have seen one of them. liz: a million views on facebook. >> we are new. we really have not gotten the word out. we have launched our initial site. we are trying to drive people to the site. i have been involved in s&l for 10 years. comedy 415. we have. out yankovic in a video coming out today. >> can we do the varney show on one of your videos? >> i would love to. stuart: thank you very much for
10:57 am
being here. the third hour of varney coming up next. ♪
10:58 am
10:59 am
11:00 am
stuart: what do you do when a high level government official lies and pcs. the executive branch of government failed to act. the impeachment process has begun. covering up the disgraceful interference of the irs. he was not running the irs when the abuses occurred. he is running it now. he lied and covered up what really happened. the impeachment charges are specific. the irs officials have you stored 24,000. he said he had gone through
11:01 am
great lengths to find the missing e-mails. nonsense. $1000.04 days. this whole thing started when the irs attached steam to tip the scale in favor of president obama in the election. the president's supporters in the irs harass them. they put some of them out of business. the government was used against the president's political opponent. it was the awesome power of the irs that was used to do it. that is the kind of thing that you associate with second rate dictatorship. nobody has been held accountable or suffered a penalty. bring on the impeachment process. the only way to remove the stains that is now a democracy. ♪
11:02 am
>> if there is anybody involved by this, getting talked to in a stern matter, slap on the wrist. >> you are saying that it is fine. >> it is a problem. the recommendations that you make. we need to have a better operation to ensure that it does not happen. stuart: left it right to live. the impeachment. becky, forgive me. i have to remind our viewers that you were brought to tears. down on you and your tea party organization. you were brought to tears by this. >> i was not brought to tears by the attack on me. i was brought to tears because of the state of our nation and how it is going down. >> this impeachment move is
11:03 am
really desperation. this is the last resort. the last thing they can do to get that story out there. >> i think that it needs to happen. if they are really serious about bringing impeachment charges, they need to have their own resolution printed. they are over the irs. we will know how serious they are about impeachment. what it brings for the same resolution. >> the impeachment vote on the house floor. there is an up and down votes. impeach or not. that is just in the house. i am sure you are cheering this on. >> i am. we do have evidence that he did obstruct justice. e-mails were destroyed under his watch. he did give misleading and false
11:04 am
statements. he needs to be held accountable for this. this is america and we cannot let the government target citizens for their political views. it must stop. >> on october 1, i announced i am running for congress in alabama's second district. one of the things i want to do is work to abolish the irs. stuart: hold on a second. that is a very interesting program that you have there. >> it is not my whole platform. we are living in desperate times. these things do need to happen. >> our tea party is doing great. we are growing. we have new members coming every day. it is just a message of operation. we do not see rallies in those
11:05 am
types of things. we are very act this. things are still going strong. stuart: all right. we thank you very much. i am sure we will see you. and now this. defense secretary ash carter says the u.s. will put pressure on isis in iraq and syria. >> we will not hold back from supporting capable partners. conducting such missions directly. whether by strikes from the air or direct action on the ground. stuart: the general is with us now. welcome back. is this a serious boots on the ground effort or a token show of force? >> how lovely a little bit between map. in and of itself will not be decisive.
11:06 am
having to observe that hearing, the level of frustration, and actually some anger over the fact that it is a year plus since the president said we would defeat isis. there is no evidence and progress being made. no clearer strategy to get us there. what is the state in iraq? that is a sense of frustration that those community members have. stuart: what would be your strategy? >> i recognize that syria is the reason why isis actually exists. they became a terrorist army because of a sanctuary in syria. that is the reality. they would have been a small terrorist organization operating inside of iraq. certainly a violent one. nothing like what we are seeing.
11:07 am
they are right. there is going to be some focus on the capital. we should be putting extreme pressure on their capability in syria which is their center of gravity. their success to date is largely tied to the ability to support that operation from syria. seven affiliates and other countries is all tied to syria. that is a campaign's perspective. not a secondary effort. that is what we are facing. >> given the will and commitment resources, isis could be destroyed by us. are you saying that? >> they hold territory, stuart. and makes them different from other terrorist organizations. they are holding territory similar to what the germans did.
11:08 am
we had the capacity with our allies to put ground forces there to help take that away. i am not suggesting some large commitment. i am suggesting we do have to put together a ground force to do with that issue in syria. based on all the evidence to date is not capable of retaking the iraq territory. we have to ask ourselves some hard questions. what is it going to take and what are we prepared to do. >> you do not think that president obama is prepared to do all that it would take to beat him? >> absolutely not. these increases in resources are done with a great degree of reluctance. none of them are decisive. this will be passed to the subsequent administration to
11:09 am
take on one of their major national security challenges. stuart: always a pleasure. >> good talking to you, stuart. to the markets. a triple digit rally. approaching 17,700. look at walgreens. $17 billion in cash. the big stock move came yesterday. another big name that we are watching is go pro. reporting financial numbers after the bell today. big stock today, of course, is apple. following their extraordinary announcement yesterday. 48 million iphones sold. very well up and down the line. 48 million iphones sold. jared leavy is with us. would you buy apple now at 116?
11:10 am
if not, why not. >> at the same time, you have to realize it is still a one and a half trick pony. 63% of their sales are iphone. the reason the stock is at much much higher is because everyone talks about great valuation. they are highly judged, stuart. kind of like a steven spielberg of stocks. every movie has to be spectacular. short of spectacular, it does not come strong. apple, you can own it. stuart: we had someone on the show earlier today. we respect his decision. apple will not have a spectacular straight up stock that it has been in the past. he thought that facebook could be. what do you say? >> i think that that is a tough call. time here to continue to build.
11:11 am
i think that they can see another bump in terms of foreign growth. facebook like apple needs to change something. you have to figure out a way to monetize and grow without disturbing your consumer space. stuart: i have to get to amazon because i know you like it. around $610 a share the last time i checked. is that going straight up from here? >> by it on weakness. about one week ago, they were the walmart of the new age. i think that the stock does have tremendous growth over the next year. stuart: thank you very much, indeed. we appreciate you being with us. how about nordstrom. $80 billion worth. a new long-range bomber. big deal, cheryl. cheryl: yes. this has been going on for about a decade.
11:12 am
we have not seen this large of a jet building. i cannot even think back how long it has been. it has been years and years and years. listen to what they will do. eventually, with the $80 billion number, 100 planes in total. while will not come in until 2025, though. we will not see it as an aircraft for 10 years. stuart: let's be honest. spending has been cut back. this is a nice sign that there are still big contracts out there. others that provide the parts for those planes, two. stuart: hillary clinton. she made a pretty strong statement on the late show last night. the economy is better with a democrat in the white house. a former obama guy response to that in just a moment.
11:13 am
the fox business republican debate will be here on this network. 6:00 p.m. and 9:00 p.m. ♪
11:14 am
11:15 am
11:16 am
stuart: hillary clinton appeared on late night last night. the democrats are better for the economy. world that tape. >> i believe and i think the evidence supports this. the economy does better when we have a democrat in the white house. at least you are there. you are pushing back. stuart: look at who is here. one of the architects of president obama's economic policy. welcome to the program. >> thank you for having me back. building on president obama's economic policy. i want 4% growth. i do not think that hillary clinton, building on obama's
11:17 am
economy will get it for me. do you? >> as a sustained growth rate, it could never have 4% growth. you are falling into the donald trump trap. why stop yourself out single digits? stuart: how about this. i want 4% growth for one year. i think that we can get it. getting some of these useless regulations off our backs. i think that that would give us 4% growth for the year. >> 4% growth for the year. i think that that is realistic. we did not give 4% growth for any year. the worst financial crisis in our lifetime. >> not hobbled by the kind of revelation that we have today.
11:18 am
here is the argument. you are a government guy, essentially. you are the architect of obama's economic policies. >> keep saying that, stuart. i will take that with me to my grave. if you think that regulation is what kills innovation or growth, why is silicon valley and california? >> the kind of regulation that we have, that kind of regulation is not good for private enterprise and growth. >> it depends which ones we are talking about. in dood-frank, i do not agree with you. you can over do you regulate and get rid of the rules of the
11:19 am
road. that does not make you pro- market or pro-business. that is exactly what went horribly wrong. people did not trust the numbers. stuart: doing a lot to create that mess in 2008. i did not just attributed to republicans. attributing to the rules of the road not existing. stuart: bill gates. an interview. talk about climate change. the private sector or is no fortune to be made. the only solution lies with government. do you believe that? >> you know, i read it. i wondered what the context was.
11:20 am
every time i have physically seen bill gates, he has been a pretty market oriented guide. so many countries, you have to have some overriding principle that everybody rallies around. i think that it is hard to rely on country by country. greenhouse gas emissions. i think for something as small as the state of vermont, it basically does not work. >> as an economist, what do you make of president obama going to the conference at the end of the year? signing onto all kinds of measures. giving a lot of our money to other countries so that they can escape the effects of climate change. >> i do not think that that is quite an accurate description.
11:21 am
i think carbon pollution, any time you are getting aleutian and people are doing damage to others and they are not paid to the damage they are doing, you have a market problem. that is what -- i think we have to confront that issue. i think it has to be done as a group of countries, not just one. emerging markets and the developing world, they will simply fill the gap. >> they will say maybe we will reduce emissions. i have the last word there. i apologize for that. the obama economic policy. next, the world health organization. meat is bad for you. farmers are not worried. jeff flock is on the farm next.
11:22 am
♪ ♪ i built my business with passion. but i keep it growing by making every dollar count. that's why i have the spark cash card from capital one. i earn unlimited 2% cash back on everything i buy for my studio. ♪ and that unlimited 2% cash back from spark means thousands of dollars each year going back into my business... that's huge for my bottom line. what's in your wallet?
11:23 am
sometimes they just drop in. always obvious. cme group can help you navigate risks and capture opportunities. we enable you to reach global markets and drive forward with broader possibilities. cme group: how the world advances.
11:24 am
tand that's what we're doings to chat xfinity.rself, we are challenging ourselves to improve every aspect of your experience. and this includes our commitment to being on time. every time. that's why if we're ever late for an appointment, we'll credit your account $20. it's our promise to you. we're doing everything we can to give you the best experience possible.
11:25 am
because we should fit into your life. not the other way around. stuart: this is an astonishing number. apple made $1 billion that profit. the stock is a winner. only of $2. and then there is this. the world health organization.
11:26 am
meat is a carcinogen. what are they going to do about it? we sent jeff flock to cattle country. okay, jeff. take it away. jeff: i figure you get on your high horse of so often, i figured it would make sense for me. who. what does that mean to you? >> to the hell are these guys? [laughter] >> what you are raising back there, those are your heifers. >> we're going to breed them to really increase our numbers. jeff: what was your first thought? >> i first thought was, not
11:27 am
again. thinking in my left ear. we just don't, you know, any kind of stupid statement like that really drives me up the wall. jeff: about as plainspoken as a com. jeff: -- stuart: i have to turn away from this wonderful character right there. smiling and laughing about it. judge napolitano did not find it funny. he joins us in a moment. ♪
11:28 am
surprise!!!!! we heard you got a job as a developer! its official, i work for ge!! what? wow... yeah! okay... guys, i'll be writing a new language for machines so planes, trains, even hospitals can work better. oh! sorry, i was trying to put it away... got it on the cake. so you're going to work on a train? not on a train...on "trains"! you're not gonna develop stuff anymore? no i am... do you know what ge is?
11:29 am
11:30 am
11:31 am
's stuart: a good rally. up 111-7683. the price of oil is up significantly. five, nearly 6%. figure showing more supply of oil. when the supply goes up, normally you see the price go down. not today. i am told that this has something to do with short
11:32 am
covering. hillary clinton laughing about the ben god to hearing on the late show. roll that tape. >> yesterday was your birth date. >> it was. >> did you do anything special? >> i slept late. pretty celebrity or a. i got to do as little as i could get away with. kind of laughing about her benghazi experience. >> 11 hours was the duration of the hearing. the subject of a criminal investigation. working exclusively on investigating whether or not she committed espionage, theft of government property and buying under oath.
11:33 am
a laughing matter to her in those professionals that are investigating it. disregard to the politics, concern for the law. they must try to disregard her efforts. stuart: that is a totally separate thing. >> she emerged unscathed because she recognize and reluctantly admitted her incredible perception. we learned from the hearing that within 36 hours of ambassador stephan's murder, mrs. clinton had e-mailed her daughter chelsea and that egypt and prime minister that he was murdered by al qaeda. the following week, she was still giving the nonsense. she has acknowledged that deception. i have also argued that there was an audience that she forgot she was speaking to. she knew that she was speaking
11:34 am
to the committee. she forgot that she was also speaking to the 25 or 30 fbi agents that are looking for perjury, deception and a series of bad acts. stuart: what she said in the committee hearing, that 11 hour hearing, was being watched and noted i the fbi. in the real world, being investigated by the fbi, you do not go under oath in another forum and answer questions about the same subject matter. the investigators can and will use your words against you. are you aware of u.s. arms getting in the hands of libyan rubbles? that is a bold faced lie.
11:35 am
a profound act of perjury. she created the scene and authorized it. stuart: president obama says to the fbi, we will not prosecute. he could do that. >> you could do that. the fbi is honest. if they recommend on the west wing, the white house says no, you either see resignations from the fbi or weeks of a proposed indictment or both. i am not sure that she would escape lyrically. the problem saying let's indict her, that is stored politically. it would not cure it for her politically. >> sounding from another part of the country. you do not trump the allocator in to argue trump the stream.
11:36 am
stuart: i am not quite sure. it is a good one. thank you very much indeed. one of the past stories has been from britain's former prime minister. he apologized for the iraq war. a big story. the british prime minister. and out lie to the united states all through the iraq war. why would he now turn around and say i know he was mistaken or apologize. elliot abraham served as the deputy advisor for george w. bush. this gentleman was there throughout. answer the question. why on earth would he now apologize? i think you have to handle tony blair's situation in london.
11:37 am
he can barely show his face. really an unpopular figure in the uk. cannot even go to a restaurant in london anymore without being accosted here and trying to improve his image. stuart: kind of a stab in the back to president bush. an ally all those years. never heard a peep until now. >> i would not call it a stab in the back. i do not think president bush would be happy to hear it. i think that blair kind of came around saying that as part of his apology. i am with you. i was surprised by that. why is it that we have donald trump raising the issue of blame for 9/11. tony blair apologizing for the iraq war. why now. all of a sudden it is part of the 2016 presidential election. i do not get that.
11:38 am
>> partly because we are having an election. partly because the middle east is in a sense falling apart here it now you have president obama saying we will have to go back and send more people in there. helicopters in there. and then you have donald trump. stuart: okay. what do you say? should we have gone and invaded iraq? >> you had a man that was a monster if you think about the way he was killing iraq use. he was building weapons of mass distraction. they were wrong. you have to act on what you know at the time, not 10 years later. stuart: you know what you are talking about. you are there. i am sorry about the short time. big news day. come again, please. now this.
11:39 am
he has had it with all the fighting amongst his fellow candidates. roll that tape. >> we better be careful that we do not turn this country over to somebody with wild ideas that they think they can operate their way to success. stuart: did you go right to donald trump or what. >> very good. a lot of positive attention. he was reviewed to be too quiet, too mellow. he did not really fighting off out there. now he realizes it is sink or swim time. stuart: a big whining session. basically what these candidates are saying, we don't want people like that.
11:40 am
that is why we have a non-establishment candidate. completely missing the message. going out there and saying i will not get involved in all of this name-calling. i want to be the president of the united states. >> listen to what you said here it i think that his points were actually valid. the american voter will look and say do i trust this person to run the country. push will come to shove. it is still very early. that is a different story. >> at least the gop is doing what the republicans are telling them. stuart: there is a debate in two weeks, by the way. up next, it is like netflix for
11:41 am
broadway shows. watch a play or a musical. way out there in a remote area. we have the story. ♪ jeb bush: this president, with all due respect, believes that america's leadership and presence in the world is not a force for good. america has led the world and it is a more peaceful world when we're engaged the right way. we do not have to be the world's policeman. we have to be the world's leader. we have to stand for the values of freedom. who's going to take care of the christians that are being eliminated in the middle east? but for the united states, who? who's going to stand up for the dissidents inside of iran that are brutalized each and every day? but for the united states, who? who's going to take care of israel and support them - our greatest ally in the middle east? but for the united states, no one - no one is capable of doing this. the united states has the capability of doing this,
11:42 am
and it's in our economic and national security interest that we do it. i will be that kind of president and i hope you want that kind of president for our country going forward. announcer: right to rise usa is responsible for the content of this message. ♪ 800,000 hours of supercomputing time, 3 million lines of code, 40,000 sets of eyes, or a million sleepless nights. whether it's building the world's most advanced satellite, the space station, or the next leap in unmanned systems. at boeing, one thing never changes. our passion to make it real. ♪
11:43 am
nicole: i am nicole petallides with your fox business brief. the dow jones industrial average up about 105 points. we are also seeing the s&p 500 up three quarters of 1%. energy materials, telecom, financials, all with green arrows. policy from the fed. burke, chevron, ibm and apple. iphone sales. a winner right now. 117 and change. cabell is. nearly 20% a moment ago. closing an 11% stake. up 18%. the results held up better. 13%. start the day with fox business at 5:00 a.m. ♪ you owned your car for four years. you named it brad. you loved brad. and then you totaled him. you two had been through everything together.
11:44 am
two boyfriends. three jobs. you're like "nothing can replace brad!" then liberty mutual calls. and you break into your happy dance. if you sign up for better car replacement, we'll pay for a car that's a model year newer with 15,000 fewer miles than your old one. see car insurance in a whole new light. liberty mutual insurance. you can't breathed. through your nose. suddenly, you're a mouthbreather. well, just put on a breathe right strip which instantly opens your nose up to 38% more than cold medicine alone. shut your mouth and say goodnight mouthbreathers. breathe right xerox personalized employee portals help companies! make benefits simple and accessible... from anywhere. hula dancing? cliff jumping! human resources can work better. with xerox. which allergy? eees. bees? eese. trees? eese. xerox helps hospitals use electronic health records
11:45 am
so doctors provide more personalized care. cheese? cheese! patient care can work better. with xerox. that's it. one of the country's biggesties financial services firms? or 13,000 financial advisors who say thank you? it's why edward jones is the big company that doesn't act that way. stuart: well, well, well. look at this. starwood hotels. that would be a merger and a half. to the world series please. five-four. it took them 14 innings. a one run late in the night. last night was the longest game in game one world series history. former baseball player. this is news.
11:46 am
former yankee. derek jeter getting engaged. the lucky young lady is hannah davis. why is this such a big deal? cheryl: one of the hottest bachelors in america. the tabloids have been chasing them everywhere. and a lot of speculation that he would propose. he did. stuart: worth what? >> at this point, who knows. rich: is good-looking. he is a baseball player. he does not have to be rich to have all that going for him anyway. stuart: a streaming service specifically for theater and broadway shows. the award-winning theater producer and founders of broadway hd.
11:47 am
let me see if i've got this right. looking out broadway shows. wherever i am in the world. stuart: i can buy a single performance and watch it or i can buy the lot. >> 1499 a month. >> 799 à la cart. >> this puts broadway at reach with anybody anywhere at any time. you can watch this thing countless times. >> 48 hours on the à la cart menu. stuart: what about current votes?
11:48 am
>> we are actually in negotiation to do some current shows. how we avoided that for now is the limited run star driven. our wish is to stream open nights live. you and i have a passion for live theater. we have access to this. it is not available to everybody. >> you know what is going to happen. why should ipay $50 to park my car? another couple hundred bucks to see a theater. >> you want the broadway experience. we never compete with the extremes of a broadway show.
11:49 am
>> we are talking about baseball. a very different experience. stuart: hold on a second. broadway hd.com. >> 120 titles at this moment. i think that you are on to a winner. >> have a prescription. [laughter] stuart: it was a pleasure. >> fraudulent fish. that is a tease. fraudulent after this. ♪
11:50 am
get fast-acting, long-lasting relief from heartburn with it neutralizes stomach acid and is the only product that forms a protective barrier that helps keep stomach acid in the stomach where it belongs. for fast-acting, long-lasting relief. try gaviscon®. for fast-acting, long-lasting relief. starts at 6:30 a.m. - on the (vo) rush hounose.und here but for me, it starts with the opening bell. and the rush i get, lasts way more than an hour. (announcer) at scottrade, we share your passion for trading. that's why we've built powerful technology to alert you to your next opportunity. because at scottrade, our passion is to power yours.
11:51 am
11:52 am
(ee-e-e-oh-mum-oh-weh) (hush my darling...) (don't fear my darling...) (the lion sleeps tonight.) (hush my darling...) man snoring (don't fear my darling...) (the lion sleeps tonight.) woman snoring take the roar out of snore. yet another innovation only at a sleep number store. well, it all started with my free credit score from credit sesame.com.
11:53 am
they gave me so much more than a free credit score. credit sesame's money management tools and personalized offers saved me tons of money and helped me reach my goals. i just signed up with their free app. what's my credit score? your credit score is 650. that's magic! no, that's credit sesame.com you get so much more than a free credit score so do more with your score at credit sesame.com stuart: i guess you could call this a warning. wild salmon at restaurants. wild salmon. what is the story? cheryl: i should put this out there. 57% of the time the salmon that was labeled wild salmon actually was not. they are alleging --
11:54 am
stuart: okay. it is not wild. it is farmed. huge and that they have out in the ocean. >> it comes from a pig pen in the gulf coast. they just do not go out and find it randomly one day. it is a misleading market. stuart: that is the problem. do you like salmon? >> all the time. they went to grocery stores and they only found 50% fraudulent activity. get your frypan out and your grill. you do not want to be misled. when i first came 20 years ago. that is because of the farms.
11:55 am
i would go for wild salmon. pulling away. keep the camera on me. [laughter] more morning after this. you focus on making great burgers,
11:56 am
or building the best houses in town. or becoming the next highly-unlikely dotcom superstar. and us, we'll be right there with you, helping with the questions you need answered to get your brand new business started. we're legalzoom and we've already partnered : how you can become one of them. legalzoom. legal help is here. :
11:57 am
. stuart: breaking news, and this is very interesting update on a story we've been following. the british man sentenced to 350 lashes for having home made wine in his car in saudi arabia will not be punished. he will be released. this is a big story a couple of weeks ago. when the british prime minister david cameron launched basically a rescue attempt, don't punish this guy, because he's 74 years old. they were going to take him out in public and give him 350 lashes, which would have killed him. he's a grandfather. here's the update. he'll not be punished. he will be released. apparently we have a little
11:58 am
leverage with our friends, the saudis. now a highlight from that cattle rancher earlier this hour on this program. roll that tape. >> my thought was just not again, it's another attack on the beef industry, you know, saying something might cause cancer. well, tickling the left ear might cure it. we just don't -- any kind of stupid statement like that drives me up the wall. stuart: there was a little better sound bite which we didn't bring you. who is it? the world health organization says eating meat will give you cancer. that gentleman on the horse came up and said who the hell are they? who are they? [ laughter ]. stuart: i can't do the accent. i really can't do the accent. >> one side i'm going to eat the beef, that's going to kill me, on the other side i'm going to be killed by a tick in texas. there are a lot of ticks in texas.
11:59 am
stuart: plain speaking. you come up with the studies all the time. don't eat this, it will give you cancer, don't eat that, it will give you cancer. ten years later, it's often reversed entirely. do we seriously believe the world health organization will not be reversed a few years from now when we find out what happens to you when you eat. certainly hurts the credibility when ten years later, no matter what the subject is, we're told, it's okay, you can have a glass of red wine and it's good for you. all of these things. i think it takes away from the initial now. everyone rolled their eyes. stuart: do you remember that woody allen movie sleeper, where he literally goes to sleep for a couple of generations and wakes up everyone is smoking cigarettes and drinking milk shakes because they found out it's good for you. i digress. the dow jones industrials is up 120 points almost.
12:00 pm
apple up, stellar earnings. there will be a message from the fed in a couple hours' time. maybe that's what's moving things. neil, you're going to cover. that take it away, lad. neil: we have a study that is now validating what you just said. vegetables, fruit, bad for you. very, very bad for you. so everyone back to bacon and prime rib, i'm going live to 100! guys, thank you very, very much. it's whacky. something else that's whacky. state legislators propose and judges dismiss. the latest state in the effort to defund planned parenthood across the nation state by state, alabama judge ruling that you just can't willy-nilly strip away medicaid funds at the state level and not fund planned parenthood. this rings a bell. the similar situation happened last week in louisiana. we've seen judges moving in texas, in virginia, in half a dozen other states at least

121 Views

info Stream Only

Uploaded by TV Archive on