fred smith is the ceo of fedex.mpany's fleet of almost 700 planes and more than 90,000 cars and trucks burn an astound 1g.5 billion gallons of petroleum last year alone. he's on a mission to change that. thanks for joining me, fred. >> glad to be here. >> tell me about fedex's view of the global economy because you have an almost unique position because you're -- if anyone's shipping anything they're shipping it via fedex, ups, or dhl. >> beginning of the spring you've seen a significant slowdown in the world trading economy. largely because of europe's problems. china got rich by exporting things to the united states and europe so it's not coincidental that their economy is declining relative to their previous spectacular growth, particularly in terms of their exports to europe and to a lesser degree the united states. and our economy is growing but only slightly. >> let's talk about gas prices because this must be a subject near and dear to your heart. at fedex, you must be one of the largest consumers of petroleu

david: i loved fred smith and the federal express story, and all-american story at the height of the recession in the

i'll sit down with fedex ceo fred smith to talk about the future of energy. that crucial subject, the future of energy, is also at the heart of our latest gps special, which airs tonight at 8:00 and 11:00 p.m. eastern and pacific. in "global lessons: the roadmap for powering america" will take you around the world to bring you ideas about energy back home. >>> but first here's my take. the second presidential debate has been studied and analyzed mostly as a prize fight. who punched hard, who missed a swing. that's fine. but there was a substantive aspect to the debate as well. president obama actually showed up this time, and he was engaged and articulate, as was governor romney. as a result, we got a sense of the issues, and there is an important and honorable difference between these two candidates. the central question in the selection is what will grow the american economy? governor romney's basic answer is lower taxes and a more streamlined tax code and fewer regulations. president obama's answer to the same question would be investments in education, in

ceo fred smith says fedex could see the benefits of these latest efforts next year and still plans to increase the company's dividends, perhaps keeping a floor under fedex shares which are down just .6 of a percent. >>> still to come on the show, is appetite from china waning? earnings reports show slowing growth and nature is taking its toll. >> stay tuned. bob... oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop here. hey, good call on those mugs. can't let 'em see what you're drinking. you know, i'm glad we're both running a nice, clean race. no need to get nasty. here's your "honk if you had an affair with taylor" yard sign. looks good. [ male announcer ] fedex office. now save 50% on banners. >>> welcome to "worldwide exchange." i'm kelly evans. >> and i'm ross westgate. >> europe follows asia lower. aluminum giant alcoa warning of slowing demand from china as it reports third quarter numbers. >> young bra

i'm heading to the al smith dinner tonight here in new york. as fred would say, i'm putting on my white tie. this dinner has been a big part of the american political ritual since i can remember. it's been a tough matchup. the old days between old dick nixon in 1960, it was a tough night for him, because, "a," it was a home game for jack kennedy being an irish catholic who grew up in bronxville here, and "b," ted had ten sorensen running speeches for him that night. john mccain gave maybe the best speech of his night here. by the way, being a war hero and that celtic name of his didn't hurt, either. tonight at the waldorf astoria, to measure the charms, the weight and the sense of place these two gentlemen can bring to the moment. the winner tonight is not always the winner of the election but very often it is. after the rough trade of this tuesday the charm rivalry of tonight will be a very different form of challenge. it will show who is worried, who is upbeat, and who in the midst of this tough competition has their act together. i'll arrive like ev

fred gadeli and malibu hayes with us tonight and on his way back to aspen. saying good night from denver! . >> stephanie rawlings-blake: voting for question seven is an... incredible opportunity for baltimore. jim smitheven will bring table games like... blackjack and poker to baltimore. stephanie rawlings-blake: you're talking about 500 new jobs. ken ulman: and increased tourism will mean more business... for maryland's small businesses. jim smith: and instead of marylanders spending... five hundred and fifty million in other states... ken ulman: question seven will keep that money right here. stephanie rawlings-blake: more jobs, millions for schools. jim smith: i'm voting for question seven. ken ulman: i'm voting for question seven. stephanie rawlings-blake: and i'm voting for question seven. >> coming up next memo we track hurricane sandy headed this way. >> live in ocean city, we are definitely starting to feel the effects of sandy, even though she is not near the coast yet. i will have a live report coming up your request a state of emergency in queen anne's county and military equipment is also in place. >> are you ready for hurricane sandy? details straight ahead. >> sandy continues to creep u

fred, thanks so much for your time. we appreciate it. as promised facebook third quarter earnings just released conference call is underway. fox business's sandra smith has the breaking details. sandra. >> hey there, melissa. i'm just on the call listening to mark zuckerberg who got on the call minute and a half two minutes ago, some of the first word out of his mouth is talking about the mobil opportunities for facebook. he saide believes mobil opportunities is the most misunderstood aspect of facebook. he says mobile is larger opportunity than most people look at shareres surgg in after-hours trading. they're up eight to 9% after it released third quarter earnings which beat analyst forecasts at 12 cents a share. analyst were looking for 11 cents. revenues came in at 1.26 billion. that beat analyst forecast for earnings of 1.22 billion. a beat on the top and bottom line but key, guys, what was key in this earnings release howhey're ting advantage of all those mobile users. facebook in this report said 14% of the its advertising revenue came from mobile devices in the third quarter. and you will remember that going back to the ginning of the year no

scott smith is live with more on what it means for one former redskin, scott? >> reporter: the big news is the tight end fred davis is done for the year. a 5- to six-month recovery for a ruptured achilles tendon. in his loss and steps, the longtime and beloved redskin chris cooly re-signing today and passed a physical today. the head coach mike shanahan saying he hopes that cooly can hp out this week against the pittsburgh steelers. let's look back at the injury that took place in yesterday's game. the 26-year-old davis tore his left achilles tendon on the first try and collapsed while running his route in the end zone. his loss will be significant. davis was rg3s target with a team high 24 catches. and so chris cooly, who has been sitting on the shelf said he's in shape and is ready to go. the 30-year-old was released back on august 28th. the two-time pro bowler has 428 receptions, which rank fifth all-time on the redskins reception list and this is the head coach on the return of can't chaos. -- captain days captain chaos. >> number one, he feels like he's working out and he has. that gives him a chance to

smith over yonder. the a's bullpen absolutely flawless. look at chris fielder again. robbed in left center. this time by cespedes and a beautiful 2-0 victory with frednglis in the clubhouse after the game. >> i was able to make a pitch and defense was awesome. >> it doesn't make up for making a mistake the previous game. it helps me confidence wise. i can't take away what happened in that game. it's unfortunate. i am very grateful that i was able to make a play that impacted the game today for the good. >> winning ain't always pretty but it counts just the same. giants still hitting the art of hitting a baseball like a very foreign concept. for tonight any way, nobody minds if you're a giant fan. first-inning ryan vogelsan a little shaky. red's rbi leader bruce all mighty. jay bruce 1-0. vogelsan settles in. giants tie it on a sacrifice fly. hunter pence to make sure things didn't get worse. giants giants two on, two out. just enough time for arias to make the throw. turns out to be the game winning pitch. >> i am just happy he was able to pitch tomorrow. he was off the 2010 postseason roster. we wouldn't be here without barry the way he threw the b

smith over yonder. the a's bullpen absolutely flawless. look at chris fielder again. robbed in left center. this time by cespedes and a beautiful 2-0 victory with fredin the clubhouse after the game. >> i was able to make a pitch and defense was awesome. >> it doesn't make up for making a mistake the previous game. it helps me confidence wise. i can't take away what happened in that game. it's unfortunate. i am very grateful that i was able to make a play that impacted the game today for the good. >> winning ain't always pretty but it counts just the same. giants still hitting the art of hitting a baseball like a very foreign concept. for tonight any way, nobody minds if you're a giant fan. first-inning ryan vogelsan a little shaky. red's rbi leader bruce all mighty. jay bruce 1-0. vogelsan settles in. giants tie it on a sacrifice fly. hunter pence to make sure things didn't get worse. giants giants two on, two out. just enough time for arias to make the throw. turns out to be the game winning pitch. >> i am just happy he was able to pitch tomorrow. he was off the 2010 postseason roster. we wouldn't be here without barry the way he threw the ball th