tv After the Bell FOX Business August 19, 2016 4:00pm-5:01pm EDT
1:00 pm
people find they can buy the stuff elsewhere and cheaper. liz: we'll put jim's buy and sell what to leave at the beach, what to take home. [closing bell rings] at the liz claman facebook page. longest winning streak for the nasdaq in six years. ashley, melissa, pick it up here on friday for "after the bell." ashley: liz, thank you so much. my, oh, my, by five points the nasdaq finishes in red territory. we'll look at some stories we follow for you coming up. stocks, we should say sinking -- teleprompter -- melissa: we can sit here and talk. ashley: but as you just heard the nasdaq up for the week. longest winning streak in six 1/2 years. hello, everyone, i'm ashley webster in for david asman. melissa: definitely friday. i'm melissa francis, this is "after the bell," got you covered on big market movers. what else we have in this hour. go ahead and scroll up if you can.
1:01 pm
donald trump taking the stage in michigan any minute. he is expected to be on teleprompter, unlike us and on message. give us new details on the campaign. earlier today, trump surveyed flood damage in louisiana. red cross calling it worst crisis since superstorm sandy did, leaving many to ask why president obama is still on vacation, including louisiana state treasurer, john kennedy. we'll speak with him. the state department confirming $400 million to iran was in fact connected to the release of prisoners. no kidding. you can bet oliver north has a lot to say about that one. ashley: yes he does. markets now, dow down for the day and week. mcdonald's, chevron drag the blue-chips lower. much different story for oil the phil flynn, price futures group will have us covered. nicole petallides working 24
1:02 pm
hours straight as you on the on floor with one big ought liar. >> i couldn't leave before the close. i had to see nasdaq break some records. deere in particular up almost 14%. deere said they would cut production of tractors. they did have earnings overall that beat forecasts. demand has waned. they will cut costs. that brought deere up over 10 box. ross stores new all-time high. stronger than expected results on their quarter. the gap, had weak sales but wasn't as bad as expected. that brought gap a winning day. that sup 4%. look at foot locker, really wowing wall street. up 11% as they see sales gains and prices rise, particularly for under armour steph curry basketball sneaker. kevin durant's sneakers. sneakers are still hot. nasdaq has eight weeks of gains. that is something to speak of indeed. back to you, ashley and melissa. melissa: nicole, you're the best.
1:03 pm
oil up more than 9%. are we going to see more action next week? what do you think? >> i think we can especially because the september the contract expires monday. shorts are unwinding out of record short position traders put on bear market three weeks ago. i think there is more up side on market. we had breaking news. u.s. refiners bought rigs for the 8th week in a row. they added the most rigs since oil prices were surging in 2014 before the opec oil production war. shell oil drillers think prices will stay higher for a while. they're optimistic bringing on rigs. other thing you look at, is u.s. oil production. biggest jump this year, up 1.5 million-barrels. we could see u.s. producers make a comeback.
1:04 pm
melissa: phil, thank thank you y much. ashley: nasdaq posting the 8th week of gains, my, oh, my. that marks the biggest winning streak in six 1/2 years. let's bring in our panel. steve forbes, "forbes" editor-in-chief and jack hough, baron's managing editor. longist winning streak for nasdaq, six 1/2 years. at what point do you say i have really good time and take profits or could this go higher? >> it can always go higher. i remember in 1999 how people thought the market would continue to go up and up and up. the key thing you have to look if you're long term investor. when do sales go up again. when will the u.s. economy start to show real strength, instead of lack of business investment overseas. you have a disaster. unless you see economic policies change to pro-growth, structural
1:05 pm
change pro-growth policies i would be very cautious. ashley: jack, tech sector that makes the difference? tech-heavy nasdaq that's what has been driving it? >> very good news for semiconductors. applied materials out with excellent numbers. semis they move as group. good news for one is often good news for all. it often doesn't last. this group has been slumping for a while. a lot of different equipment and chip-makers could move higher. melissa: desperate to woo back customers after, you remember that e.coli outbreak. the company gave away $70 million in free food coupons. chipolte said redemption rate was high in a note to sec, you know what, we were unable to calculator accurately estimate any impact that promotional activity had on revenue. steve forbes, what do you make of this one?
1:06 pm
can they really not do the math on this? >> well, they don't want to do the math when the math is not good. melissa: ah. >> this is a situation where it is just going to take bloody time before people have trust to go back in that restaurant again. if it was one or two outbreaks, fine, when you have a series of them, people feel like a real problem. why take the chance. a lot of other choices so they take the other choices. melissa: jack, i like this, you had to buy four burritos got another one free. it was like frequent flyer card. no matter how much they gave away, there is win in pr getting people to come back that much, no? >> i guess. free food sounds kind of desperate. they're doing a thing with half priced drinks which is much better idea, alcohol can solve all kinds of problems. not if you're that olympic swimmer ryan lochte but for a burrito chain, fine. melissa: definitely solves the e.coli though. ashley: move on from e.coli to
1:07 pm
the soap opera power struggle at viacom apparently nearing a conclusion. as part after settlement they're looking to receive current ceo philipe dauman of his duties and tom dooley steps in as interim ceo. steve forbes, i guess okay, the redstones won, sumner redstone but how deep are the problems at viacom? >> not a management problem, ashley. it's a fundamental problem caused by technological change. people have a lot more choices now. they haven't yet found a way to appeal to young people. until they find new sources they are going to have a problem. traffic's going down. ashley: yes it is. jack, does tom dooley the get for the long term? >> no. ashley: he will have to be approved by a board now 16 members. no? >> i don't think there is any change coming investors are looking for. if there were the stock would move higher. this company trades 11 times free cash flow.
1:08 pm
free cash half of what it was two years ago. a turnaround waiting to happen. the problem they skew very young and tv's pull is weakest with the young right now. doing fine with people my age. the young are doing different things. ashley: jack, just to follow up what about viacom and cbs join together and let whole thing run by les moonves? he is a good leader. >> i suppose. certainly buy it on the cheap right now. things they have been talking about in the past smack of engineering. spinning off movies, you need hits. you need to make money with the movie you studio. fine to have studio paired with tv business. you have to come up with movies people want to watch. maybe cbs can do better job running it. ashley: same question to you, steve? what about combining two and have les moonves take over? >> he has proven his chops over the years but fact of the matter is judgment and seeing enormous changes and young people and independent movie producers and like there is no shortage of content.
1:09 pm
it is easy to make and don't need a big studio to do it anymore. ashley: very good, thank you both. melissa: waterproof phones are hard to come by. so when samsung claimed the new galaxy note 7 was impervious to water, "wall street journal" had to put it to the test in the swimming pool. how does she breathe? i don't know. we're going to check on her. we'll make sure she is okay. we'll make sure the phone is working. all over it. ashley: impressive. hillary clinton telling fbi it was colin powell advised her to use personal email as secretary of state. one problem. powell has a different story. melissa: calling the louisiana floods worst disaster since hurricane sandy but president obama is staying on vacation and donald trump was on the ground today surveying damage. louisiana state treasurer with his take and mounting cost coming to homeowners there. >> the fact that he has remained playing golf on martha's
1:10 pm
1:12 pm
perfect driving record. until one of you clips a food truck. then your rates go through the roof. perfect. for drivers with accident forgiveness, liberty mutual won't raise your rates due to your first accident. and if you do have an accident, our claims centers are available to assist you twenty-four seven. call for a free quote today. liberty stands with you™. liberty mutual insurance.
1:13 pm
ashley: breaking news for you. we are awaiting a donald trump rally back in michigan. he has been busy today, flying around the country down in louisiana and waiting for him to appear at rally in michigan. trump's second visit to the state in last two weeks. outlining economic plan in detroit last monday. fox business will bring trump's comments to you when it comes along live. melissa: donald trump visiting louisiana today. the republican nominee and running mate mike pence touring flooded communities and consoling homeowners in the pelican state. fox news's casey stiegel in baton rouge with the latest. casey what was the day like there?
1:14 pm
reporter: well, melissa, i can tell you mr. trump and governor pence spent a fair amount of time on the ground. in fact nearly four hours or so. they cover ad lot of turf and met with variety of different people. first stop was the greenwell springs baptist church where they met the reverend franklin graham of samaritan purse and pastor tony perkins. crowds of people cheering upon their arrival. republican presidential nominee made these remarks. listen. >> it's a great place. i had a great history with louisiana. they need a lot of help. what's happened here is incredible. nobody understands how bad it is it is really incredible. i'm just here to help, thank you. reporter: the motorcade driving along streets in multiple parishes filled with piles of furniture and other belongings lost in this catastrophic flooding. they talked with people who have lost everything, like in denham
1:15 pm
springs, louisiana, about 14 miles to the east of baton rouge. where officials estimate 90% of the homes and businesses in that one, single community sustained damage. mr. trump also stopping to thank national guard troops, more than 3,000 soldiers as you know have been deployed here to louisiana to help out. many of the victims say they are thankful for the trip and attention it is bringing to this disaster. melissa? melissa: yeah. casey, all right, thank you for that report. ashley? ashley: devastating news for louisiana. homeowners the maximum fema grant for individuals who are affected bid floods will only be $33,000 which could result in high out-of-pocket costs of course for homeowners who don't have flood insurance at all. estimated 40,000 homes have sustained damage, and many residents will have to spend tens of thousands of dollars of their own money to try to make
1:16 pm
their homes liveable again. the total amount of property damage in the pelican state could exceed hundreds of millions of dollars. a real mess. melissa: wow. we're now hearing that president obama is heading to louisiana, well, on tuesday. the white house addressing controversy over the timing of the president's visit in a press release stating quote, the president is mindful of the impact that his travel has on first respond is. and he wants to insure that his presence does not interfere with on going recovery efforts. hmmm. here is john kennedy, republican louisiana state treasurer, a trump campaign surrogate. he is also a candidate for u.s. senate. i mean it is interesting the way that the two sides are playing this. donald trump went down to see the damage first-hand. seemed like a kind of obvious move given there were so many cries about is anyone paying attention. democrats have taken the other side. hillary clinton saying she called and she talked to governor and he said don't come.
1:17 pm
president saying he doesn't want to interfere. you're on the ground there. what is the better choice? >> well, they're not two sides to this. there is one side. this isn't about politics, or it shouldn't be. i think what the president's press people have put out a bunch of bull. look, i want everybody to come. i'm a republican, but, i'm glad mr. trump came. i wish president obama would come. i wish secretary clinton would come. i wishing gary johnson would come. i wishing lebron james would come or michael phelps anybody that will come to understand what has happened to louisiana here. we've got 110,000 homes. that means couple 100,000 people most, who are too poor to. this is not about politics or personalities. the office of the presidency speaks for america. it expresses america's power.
1:18 pm
it expresses america's concern. it expresses americans priority and i would say this, if president obama were a republican or an independent. he needs to be in louisiana. and this stuff about we don't want to interrupt -- i just think those are all excuses, not reasons. melissa: i mean we've seen the pictures and they're really devastating. i have covered things like this myself, you have the sensation there you wonder if anyone is seeing it? does anyone know how much trouble there is here? is anyone paying attention? is that what the feeling is like now? >> yes. if you ever cleaned out a home or mucked out a home as we call it after a flood, you know what i'm talking about. this isn't clean water. it is full of disease. there are snakes. people looking at their entire life. i know it is physical things, but we're talking about memories. one in five have flood insurance. we have 31-inches of rain in four days. you can be on mount everest and if you get 31 inches of rain in
1:19 pm
four days you are going to flood. let me say it again many of our people are to poor to flood. the president needs to be here. doesn't matter whether he is republican or a democrat or an independent, he needs to come to louisiana. this stuff about, you know, i don't want to disrupt operations is just an excuse. i would say that and i would say that to mr. trump, if, had he not come today. i say it to secretary clinton. you need to come down. this is america. it is not republican america or democratic america. it is america. this isn't political. we got a lot of people hurting. melissa: what is it that you need the most? you have an audience right now. do you need physical help, money, what does your area need right now? >> what we need, we need a couple of things. we need, we need help with housing. a lot of these folks can't go back to their homes. let me say it again, 20 parishes
1:20 pm
110,000 homes, wrap your mind around that. a lot of folks can't go back. we need a place for them to live. number two, we need help cleaning out homes. they didn't blow away. they might as well have, they're flooded. there will not be enough contractors. many louisianaians stepped up to the plate and we're volunteering to help our neighbors. we'll need help with resources. we're not asking for a handout. louisianaians pay federal taxes like everybody else. i'm not asking congress are to the help. i'm asking the american people. and if they know about it, the american people are the most compassionate people in the world. if they know the about the fact the we're hurting they will help us. we're asking for a little assistance here. if the president would, would come down, it will attract the kind of attention that is appropriate. i thank mr. trump for coming. i hope secretary clinton comes.
1:21 pm
i hope anybody else who can help us help america and world understand what has happened to our state, we'll come as well. and it is not politics. i mean i'm just telling you. it is not politics. politics ended after first day. this is the about helping a lot of people who are too poor to flood. melissa: sir, thank you so much for coming on. our hearts go out to you. i hope a lot of people heard the call for help. thank you. >> well, i want to thank fox. y'all have been awesome in helping us. god bless you. we're grateful. melissa: we'll stay on it. thank you, sir. ashley: all right, well, there is, we also got to talk about the problem with zika virus. more cases, five cases reported in miami beach. more than, that is in the of course a popular tourist destination. that is prompting the cdc to issue a travel warning to pregnant women, saying they should not travel to designated areas of miami beach.
1:22 pm
as of wednesday there are more than 2,000 cases reported in the united states. melissa: trump 2.0. the gop promising a new attitude on the campaign trail but will it last? let's check back in on that. samsung galaxy test. she is still underwater. how it that possible? doing a deep dive on what some say could be the best smartphone ever released. we're going to check it out. ♪ at ally bank, no branches equals great rates. it's a fact. kind of like grandkids equals free tech support. oh, look at you, so great to see you! none of this works.
1:23 pm
1:25 pm
melissa: breaking cf news 13 right now. we're awaiting a donald trump rally due to his visit to louisiana. we'll bring you trump's comments live as soon as they happen. don't go anywhere. ashley: another big shake-up in the trump campaign. paul manafort resigned as chairman, this coming days after he was pushed aside for conservative media executive
1:26 pm
stephen bannon, amid growing speculation about his ties to ukrainian politics, bannon that is. trump spoke to maria bartiromo for this sunday morning futures. >> paul was amazing. he helped us get through the primary process. he helped us get through the convention. he did a great job with the delegates. now you look at kellyanne and some other people we're bringing in, and they're absolutely fantastic. they will be the ones that bring us through november 8th and get us through the victory. my father doesn't want distraction looming over campaign, quite frankly looming over all the issues hillary is facing. ashley: robby mook of the clinton camp saying quote, you can get rid of manafort but that doesn't end the odd brohm mans trump has with putin, unquote. >> huh. >> sometimes in the heat of debate and speaking on a
1:27 pm
multitude of issues you don't choose the right words, or you say the wrong thing, and believe it or not, i regret it, and i do regret it, particularly where it may have caused personal pain. melissa: so we have never seen donald trump acting like that before. is this a new republican nominee developing ahead of the november election? who better to ask, bruce turkel, turkel brands ceo. i had to drag you back here today. this story is made for you. talk about crisis management. here is out here not quite saying i'm sorry, right? isn't that issue? >> not quite saying i'm sorry at all. don't take it from me. you're a mother. everyone watching your show has a mother. imagine if you had done something wrong and your mom said go apologize and you apologized like that. if you did something you maybe thought was wrong, which maybe upset somebody for something,
tv-commercial
1:28 pm
then maybe i'm sorry is not an apology. melissa: okay, all right, but i will say this. when i make my sons apologize to each other when they're squabbling, someone goes i'm sorry, that doesn't count either. it is about the sentiment and look in their eyes, especially their voice broke second time. may not be regretting it for the right reasons. he is definitely regretting it. you didn't take anything or the emotion there. seemed more real to me, a lot of i'm sorries i have squeezed out of my children? >> wow, a trained actress like you and you think the break in the voice -- you know what they say about that kind of apology, we talked about it before. the key is honesty and sincerity, if you can fake that the rest is easy. i am sorry, i don't buy it. melissa: let me show you the new ad, see if you buy that one. >> in hillary clinton's america, the system stays rigged against americans. syrian refugees flood in. illegal immigrant convicted of committing crimes get to stay, collecting social security benefits, skipping the line.
1:29 pm
our border open, it is more of the same but worse. melissa: what do you think of that ad? effective? >> yes. understanding that i'm not picking sides here because i don't want to be in trouble when i get home, i think as marketing technique, it is incredibly effective. what it has done, put the mandate on her, because let's face it, if the referendum is on him, he loses. however if he, more importantly the political operatives he is finally listening to it classer, now they are playing the game, if they are moving the argument over to the other side, that is way it needs to be done. i don't like it but very artfully done. melissa: bruce, we know that you don't like him at all. thank you for coming. i'm glad you made that clear because i don't want you to get in trouble when you get home. i don't want you get in trouble with your mom or anything like that. thank you for coming on. always fantastic. >> thank you for having me. ashley: he is covered now. melissa: he is covered and he is honest. the ad is good, apology is bad. ashley: can't go wrong with
1:30 pm
honesty. melissa: there you go. ashley: former secretary of state colin powell being dragged into the hillary clinton email controversy. we have his response to the allegations. melissa: white house facing more allegations, over the $400 million payment. they are calling it payment, not ransom. ollie north is here to way? >> basic english you wouldn't give them the 400 million in cash until the prisoners were released, correct? >> that's correct
1:32 pm
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, 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.
1:33 pm
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 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™. ♪
1:34 pm
ashley: breaking news. we continue to await donald trump's arrival in michigan for a rally. currently "real clear politics" average has hillary clinton ahead in that state by more than seven points. mr. trump perhaps a little delayed, we understand, after spending four hours down in louisiana getting a first-hand look at flooding down there. he is on his way to michigan. fox business will bring mr. trump's comments to you live when it happens. melissa: new reports revealing hillary clinton allegedly told the fbi that former secretary of state colin powell advised her to use personal email at dinner party in the early months of clinton's tenure as secretary of state. this prompted powell to release a statement today saying, quote, general powell has no recollection of the dinner conversation. he did write former secretary clinton and email memo describing his use of personal aol email account, for
1:35 pm
unclassified messages. unclassified messages, and now how that vastly improved communications within the state department. scott bowne, former massachusetts senator. ellis henican is political analyst. steve forbes back with us as well. senator, i will start with you, i mean, first of all he is using aol account. obviously he was writing from 1993, but what do you make of all this?owell. he is obviously one of our great leaders and if he says he does not rent, that's basically straightforward talk for, she is full of it. and that is just like the clintons. they just kind of make things up. they feign outrage and kind of make things up. once again two sets of rules. one for them and one for everything else. what colin powell also did, he worked with the appropriate authorities to make sure what he was doing was appropriate, and
1:36 pm
you nailed it. it was unclassified. everything that hillary that we're hear something that there were clamsfied documents. the stuff that is just so secret, you see congress, they have to go into a skiff and basically sign their lives away in order to read this stuff. that is ho it is out rage just, another reason why people don't like her. melissa: what other talking about apples and oranges. talking about using aol for unclassified chitchat, putting stuff on private server, can't taken out the light of day. >> get beyond aol. much better emails than that one. melissa: gmail is nice. >> try gmail, for gods sakes. bad idea no mat are who does it. but there is one reality here, i never met a politician, covered for several decades who didn't
1:37 pm
try to find some little sneaky way to get around foy yow! and public information and -- foia and having correspondence. melissa: everybody does it is what you're saying? >> i'm not saying it is okay but i'm saying it makes it darn common. >> that is not true. that is not true. >> find one of those guys. melissa: hang on. >> i didn't do it and no one that i know does that. >> i bet you. >> that is outrageous to make that statement. melissa: that is what etf been saying all along, she is trying to get around foia. maybe everybody does it but not everybody is hiding a pay for play scandal within the clinton foundation. >> that's right. technology today is matchesser than it was when colin powell was secretary of state. she knows as secretary of state everyone will be trying to hack her account. russians, chinese and others. >> yeah. >> do this amateurish thing had only one purpose, massively to have tens of thousands of emails out of hands of people who might
1:38 pm
find stuff in there she doesn't want them to say. melissa: senator, speaking of pay for play, so now bill clinton is talking about, if she is elected, they are not going to take corporate money into the clinton foundation and they will stop accepting foreign donations. why don't they just stop doing that right now? why did they do it when she was in the state department and they promised they wouldn't? >> we obviously know why, there are two sets of rules. they will con to have the to doi don't know why the irs ask not stepping forward. very little of their donations go to philanthropic endeavors. melissa: less than 10%. actually, amazing, reason they're shutting it down because they have a couple hundred million dollars and how much do you really need?
1:39 pm
they have done well. don't need to do it anymore. appreciate your time. ashley. ashley? ashley: white house phasing new round of criticism over the cash payment to iran. the u.s. said they used the $400 million as quote, leverage, to free american hostages. despite fallout john kirby defending the decision on fox news. >> in endgame, we used leverage of having that money to make sure iranians didn't renege, on lengthy, months long negotiations to get our americans out there. it was smart thing to do. all of things came together. they were worked simultaneously. they did converge the we took advantage of that convergence to get our people back out. ashley: all right. so here now, retired marine lieutenant colonel oliver north, host of "war stories" and former counterterrorism coordinator under president reagan. lieutenant colonel nil oliver north, thanks for being here.
1:40 pm
this is all just semantics. we had the money, they had the hostages. we gave them the money they gave us the hostages. that is ransom, isn't it? >> they can call it leverage or convergence but everyone knows it is ransom. iranians know it was ransom. the american people know it was ransom. all the allies and adversaries know it was ransom. why is it done in the middle of night in foreign currency. you got it. ashley: it is laughable almost but not funny. you mention, iranians know this was ransom paid. how dangerous of a precedent is that setting? >> well it isn't a precedent. it happened since thomas jefferson. first american president to pay ransom to jihadis. that is fact of life. i didn't sit across from the likes of rouhani and ahmadinejad. first thing you confirm proof of life. number two, make sure these are
1:41 pm
people that can actually make the transaction the number three, you have to set a price. i will share this with you, ashley. one of the most difficult things i had to do in my life, negotiate down the price of an american life. ashley: yeah. obviously very difficult situation. let me just change gears a little bit. i want to get your thoughts what is going on in the middle east with regard to russia. we're seeing their influence grow and grow. i just noticed there is some new video showing a russian navy ship launching cruise missiles into syria today, reportedly against al qaeda aligned al nusra front. to me this speaks to the growing footprint mr. putin has in the middle east. we're just watching from the sidelines. how dangerous is that? >> very. look it, the administration's dithering utopian foreign policy and the genocide of biblical proportions is visible part what is happening out there. the fact what they have done is given leverage to vladmir putin, playing a very dangerous game.
1:42 pm
it could all go on in an instant if a russian cruise missile knocks down a u.s. or coalition aircraft. this surreal russ, iranian, turkish shiite axis putin is working through, actually will cause the kind of proliferation of nuclear weapons we never wanted. as i say the carnage of the civil war will prove to be the most dangerous strategic paradox for the west since the guns of august of 1914. ashley: wow, you warned us. lieutenant colonel ollie north. thank you as always. >> my pleasure, ashley. melissa: controversy continues surrounding ryan lochte and u.s. swimming team over robber i claims. he is issuing a apology. we'll have that next. speaking of water- ashley: still under. melissa: looks, i don't know about her fingers. i don't think her fingers are not working at that point. my phone would not be working. we'll find out about all of
1:43 pm
this. that is incredible. >> i do not know how they do it. the wrong insurance plan." d no, i picked the wrong insurance company. with new car replacement™, we'll replace the full value of your car plus depreciation. liberty mutual insurance. get between you and life's dobeautiful moments.llergens flonase gives you more complete allergy relief. most allergy pills only control one inflammatory substance. flonase controls 6. and six is greater than one. flonase changes everything. ♪
1:46 pm
lauren: ashley: samsung galaxy note 7, futuristic smartphone might give the iphone a run for its money. the question, is it worth the $850 price tag? that is not cheap. jeff fowler, technology columnist for the waterproof phone. we have been running video all through the show. melissa: we love it. ashley: apparently takes a licking and keeps on ficking fick -- ticking to quote an old commercial. >> i would call this the royale of cheese with phones. not everybody needs a burger so
1:47 pm
big, but if you want the deluxe, this is it. this thing, it is 5.7-inches here. it comes with a stylist, to take nets under water and has a amazing camera. puts the latest iphone to shame. it is really, part of, actually what has been a fantastic year for scam sung products. really first time making the argument for why you want a samsung lifestyle instead of an apple one. ashley: is price tag a problem, 850 bucks or is it so good people will pay it? >> 850 bucks is a lot. put that into some comparisons. this is 5.7-inch phone. apple makes the 6s plus. if you put in as much mem my as you get inside of the samsung you are also 850 bucks. so phones are expensive. ashley: they are. >> that said, the reason why this one is so expensive is actually because of that stylist
1:48 pm
they built into it. if you don't think you're kind of person will be scrib blink notes on the phone, then you can for 100 bucks less, you can get the some other samsung phones like the galaxy s 7 with most of the great features. ashley: let me ask you this, does that mean apple has to up its game? they have such loyal customers. every time they bring out the new iphone it is pretty much the same as the last one with a few extra features? >> tell you, historically apple has unveiled its new phones in the fall in september. apple has a lot riding on the line this year. over the last year, for the first time really, i've felt the urge, normally i use an iphone, but when i travel i carry a samsung phone with me as well. ashley: oh. >> it can do things and now has ecosystem that apple can't do. one of them is actually plugs into this. this is one of these vr headsets. ashley: yes. >> i don't know if you watch that watch the olympics on the thing.
1:49 pm
ashley: how cool. >> you can't do that on apple phone. comes down growing list of things you can't do on apple phone. how will they keep up with that? ashley: they have to pick up their game. jeff fowler, thank you so much. jeff, we appreciate it. melissa: what a techie. >> you bet. melissa: here are headlines new yorkers woke up to today, ryan lochte mocked as only new york papers can. olympic gold medalist behind the international scandal, has apologized. ashley is laughing. ashley: my speed dough is on fire. melissa: that was a good one. how he reported sunday situation to brazilian police. writes in part, traumatic to be out late with your friends in foreign country with language barrier and have a stranger point a gun at you ask for money. i should have been more responsible. you think? i'm sorry to my teammate, fans, fellow competitors, my sponsors and host of this great event. ashley: now that you have been found out. devastating wildfires
1:50 pm
forcing tens of thousand from their homes. firefighters gaining ground on the massive blue cut fire since it broke out. the fire racing through the bone dry terrain in the san bernanadino mountains. it is about 26% contained. i-15 which runs through the cajon pass is open. while some residents are allowed to return home, a red flag warning remains in effect. melissa: real life "fast & furious" where you can find legal drag racing. that is coming up next. ♪
1:51 pm
you focus on making great burgers, 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 with over a million new business owners to do just that. check us out today to see how you can become one of them. legalzoom. legal help is here.
1:52 pm
perfect driving record. until one of you clips a food truck. then your rates go through the roof. perfect. for drivers with accident forgiveness, liberty mutual won't raise your rates due to your first accident. and if you do have an accident, our claims centers are available to assist you twenty-four seven. call for a free quote today. liberty stands with you™. liberty mutual insurance.
1:54 pm
ashley: breaking news still, we are still waiting as well for donald trump at a rally in michigan gathered there. the gop nominee expected to address supporters any moment now. coming straight from louisiana where he saw floods. fox business will bring you comment live when he gets there. melissa: motorcade pulled up. he is on the way. buckle up. the time has come for legal drag racing on public roads, oh, no. fox business's jeff flock in pontiac, michigan. jeff, please do not get in trouble? reporter: i already drove a little earlier. i leave it to the professionals now. look it, this is woodward avenue. this is a public street. whoa, wait a minute. oh -- [engine noise] holy shnikes. those are two of the fastest cars out there.
1:55 pm
i have tim from dodge and chrysler. >> s and t and fiat chrysler. >> he runs everything in thighs are two of your fastest cars. >> we can't lose this race, a dodge against a dodge. reporter: these are both hellcats, melissa. 707-horsepower. look, they're just neck-and-neck down the road. i want, hey, lori, step out. i don't know if we'll be able to see who won that one. sort of almost tied. look out this way as they spray the track to give people traction to spin tires? >> you have a challenger coming up against a corvette. reporter: we'll see you against the competition. okay. yeah, now that is a challenger there? >> challenger hellcat versus corvette. ashley: talk about leave us hanging, holy schnike my favorite expression.
1:56 pm
melissa: i was nervous and shot freezes. don't like that. jeff, hope you're okay. call in. ashley: suspense. if at first you don't succeed, new college guarranty giving students a free year of school. ♪ i accept i'm not 22 i accept i do a shorter set these days. i even accept i have a higher risk of stroke due to afib, a type of irregular heartbeat not caused by a heart valve problem. but i won't play anything less than my best. so if there's something better than warfarin, i'm going for it. eliquis. eliquis reduced the risk of stroke better than warfarin, plus it had significantly less major bleeding than warfarin... eliquis had both... that's what i wanted to hear. don't stop taking eliquis unless your doctor tells you to, as stopping increases your risk of having a stroke. eliquis can cause serious and in rare cases fatal bleeding. don't take eliquis if you have an artificial heart valve or abnormal bleeding.
1:57 pm
while taking eliquis, you may bruise more easily... ...and it may take longer than usual for any bleeding to stop. seek immediate medical care for sudden signs of bleeding, like unusual bruising. eliquis may increase your bleeding risk if you take certain medicines. tell your doctor about all planned medical or dental procedures. i accept i don't play quite like i used to. but i'm still bringing my best. : ♪ gaviscon is a proven heartburn remedy that gives you fast-acting, long-lasting relief. it immediately neutralizes acid and only gaviscon helps keep acid down for hours. for fast-acting, long-lasting relief, try doctor-recommended gaviscon.
1:59 pm
>> okay, so if you can't finish school in four years, one college will give you the fifth year for free! >> what! the private university of evansville in indiana rolling out the guaranty this fall, the school's goal is to change student behavior from the start. so they can graduate in time. i don't get it because to me -- >> if you take it for free, you would stay for an extra year for sure. what do you is charge four times as much and get out in four years.
2:00 pm
anyway, donald trump is on location, gop nominee will address supporters any moment now, you can see here they are all fired up and waiting. i don't know who the warm-up crew is there, we're going to turn it over to "risk & reward." there you go. have a great weekend. >> sometimes in the heat of debate, and speaking on a multitude of issues, you don't choose the right words, or you say the wrong thing. i have done that. [cheers] >> and believe it or not, i regret it. >> donald trump apologized last night and his campaign promises new revelations tonight. this is "risk & reward," i'm adam shapiro in for deirdre bolton. mr.
117 Views
IN COLLECTIONS
FOX BusinessUploaded by TV Archive on
![](http://athena.archive.org/0.gif?kind=track_js&track_js_case=control&cache_bust=1388548766)