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Feb 17, 2015
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peter barnes is standing by live, he's got mr.sser coming up. >>> wild winter weather slamming the south, mid atlantic and east coast, ian kentucky reporting as much as -- eastern kentucky reporting as much as 18 inches of snow. yes, you heard me correctly, kentucky. some 18,000 people have lost power and more than 1500 flights have been canceled nationwide today alone. we have reporters at key points all over the country for you. here to tell us what we can expect next, janice dean in our fox weather center in new york, rich edson at reagan national airport in d.c., jeff flock joining us from chilly chicago but, janice, this is no ordinary winter. >> no, it's not, and it's the winter that keeps on giving, as you mentioned in your introduction. let's take a look at it. this is the latest storm system. we have a couple of clipper systems across the northeast and then a bigger system this weekend targeting the same areas that we saw the freezing rain and sleet yesterday at this time on your show. this frontal boundary a draped acros
peter barnes is standing by live, he's got mr.sser coming up. >>> wild winter weather slamming the south, mid atlantic and east coast, ian kentucky reporting as much as -- eastern kentucky reporting as much as 18 inches of snow. yes, you heard me correctly, kentucky. some 18,000 people have lost power and more than 1500 flights have been canceled nationwide today alone. we have reporters at key points all over the country for you. here to tell us what we can expect next, janice dean in...
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Feb 18, 2015
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peter barnes has details. what did they say. >> they struggled hard whether or not to keep the word patient in the last policy statement to describe how they would approach raising short-term interest rates eventually. let's get right to the minutes from the meeting at the end of january. quote, many participants regarding dropping the patient language in the statement when ever that might occur as risking a shift in market expectations for the beginning of policy firming toward an unduly narrow range of dates. as a result some expressed the concern that financial markets might overreact, resulting in undesirably tight financial conditions, i.e. higher interest rates there but whether or not the market might force rates higher or they would start to raise rates, the minutes say quote, many participants observed that that a premature increase in rates might damp the apparent solid recovery in real activity and labor market conditions and that if that happened, they actually might have to reverse themselves and
peter barnes has details. what did they say. >> they struggled hard whether or not to keep the word patient in the last policy statement to describe how they would approach raising short-term interest rates eventually. let's get right to the minutes from the meeting at the end of january. quote, many participants regarding dropping the patient language in the statement when ever that might occur as risking a shift in market expectations for the beginning of policy firming toward an unduly...
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Feb 11, 2015
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cheers to you, peter barnes. you can catch peter on fox business f. you're not sure where to find it on your television, visit fox business.com/channel finder. you're hungry. i can tell. i can feel it. jon: i'm always hungry. mrs. barnes is calling him on the cell phone at this moment. he's charged with first degree murder. his alleged motive may be even more chilling. why police say the victims were targeted. plus a push for peace as fighting intensifies in ukraine but what can really be done to end the crisis? we'll go in depth. jon: police releasing the motive at a deadly shooting near the university of north carolina chapel hill. they say the triple homicide was sparked by ongoing dispute over a parking spot. craig steven hicks surrendering to police this morning. he's said to be cooperating. hicks is accused of gunning down three muslim students. initially there were concerns this might have been a hate crime because of the victims' religion. hicks is behind bars charged with three counts of first degree murder. jenna: crisis in ukraine seems to b
cheers to you, peter barnes. you can catch peter on fox business f. you're not sure where to find it on your television, visit fox business.com/channel finder. you're hungry. i can tell. i can feel it. jon: i'm always hungry. mrs. barnes is calling him on the cell phone at this moment. he's charged with first degree murder. his alleged motive may be even more chilling. why police say the victims were targeted. plus a push for peace as fighting intensifies in ukraine but what can really be done...
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let's bring in peter barnes live from washington. you reported live on the report this morning.ou had a chance to go through it now. what stands outed to you out tou in the report that we need to focus on? >> a couple of things. starting with this pop in average weekly wages. it was up 0.5%. that was a big jump. and it was a big rebound from december. because wages unexpectedly fell in december for the first time in two years. we also saw a big upward revision to the november and december jobs report. 147,000 jobs in total in those months. and we also saw the labor force participation rate rebound. we like to look at that number. and according to the labor department, 700,000 more people returned to the work force. we normally are seeing them leave the work force. them coming back as a positive sign, maybe they have more confidence they can get a better job. the president is in vienna promoting his middle class agenda. and he welcomed today's job report. president obama: this morning we found out that america's businesses added another 267,000 jobs. [applauding] president obama:
let's bring in peter barnes live from washington. you reported live on the report this morning.ou had a chance to go through it now. what stands outed to you out tou in the report that we need to focus on? >> a couple of things. starting with this pop in average weekly wages. it was up 0.5%. that was a big jump. and it was a big rebound from december. because wages unexpectedly fell in december for the first time in two years. we also saw a big upward revision to the november and december...
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peter barnes out in washington. thank you very much. closing bell will ring.have 39 minutes to go. it's being called mckinsey for small business. it's seeing explosive growth in its first two years. hourly nerd is also drawing big name backers. charlie gasparino is live with the coceo coming up next. how one gaming company is helping katy perry boost its already big bottom line. don't go anywhere. cheryl: i want to point your attention to the market. we have 25, 35 minutes to go until we close the bell on wall street. take a look at the bell. we ticked up a little bit. up 1% right now. twenty-eight stocks that are in the green. it's flat right now. coca-cola is the only negative name we're looking at right now of your dow 30. again, nice little rally despite all the headwinds out of europe and the greece news that came before the bell today. well, you know, consulting has long been a long draw for mba students. many heading to firms like mckinsey. now a new online marketing place called hourlynerd is making it possible for these sought out individuals to consu
peter barnes out in washington. thank you very much. closing bell will ring.have 39 minutes to go. it's being called mckinsey for small business. it's seeing explosive growth in its first two years. hourly nerd is also drawing big name backers. charlie gasparino is live with the coceo coming up next. how one gaming company is helping katy perry boost its already big bottom line. don't go anywhere. cheryl: i want to point your attention to the market. we have 25, 35 minutes to go until we close...
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Feb 13, 2015
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peter barnes on the full story which does inwho doesn't show up, peter? >> david and liz, cybersecurity stocks doing well today as president obama was out at stanford university in california pushing corporate america and tech companies to do a better job protecting themselves and their customers against cyber attacks and data breaches. the president actually using a little bit of humor to make a point about stronger passwords for example. >> this is just too easy for hackers to figure out user names and passwords like, password. [laughing] or, one, two, three, four, five. seven. [laughter] those are some of my previous passwords. [laughing] i changed them since then. >> mine too and me too. as for initiatives the white house announced that dozens of companies like apple and intel are supporting the president's 2014 cybersecurity framework. he also sign ad new executive order for information-sharing. companies also announced support for new, secure, payment technologies and multifactor authentication systems to replace passwords. apple ceo tim cook urged
peter barnes on the full story which does inwho doesn't show up, peter? >> david and liz, cybersecurity stocks doing well today as president obama was out at stanford university in california pushing corporate america and tech companies to do a better job protecting themselves and their customers against cyber attacks and data breaches. the president actually using a little bit of humor to make a point about stronger passwords for example. >> this is just too easy for hackers to...
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tom: peter barnes in d.c., thank you, peter.president obama's six years in office and behind chuck hagel, leon panetta, robert gates oliver north host of "war stories" joins us let's relate this to the corporate world. the company had four ceo's in six years you wouldn't be investing in them. >> not at all. we have no choice as shareholders in the corporation, we're the taxpayers. pursuit corporate analogy for a few seconds here. the dod would be the corporation and the members of congress are the board of directors and, of course the president is the chairman of the board and ceo, and if the board of directors approves him, carter will be the new chief operations officer, coo. the shareholders only meet once every four years, the dod corporate mission statement is to deter war and protect the shareholders and adversary with few losses as possible. the potential coo is being asked by the board of directors questions about how he would adapt and run the corporation in a constantly changing threat environment, and, of course the s
tom: peter barnes in d.c., thank you, peter.president obama's six years in office and behind chuck hagel, leon panetta, robert gates oliver north host of "war stories" joins us let's relate this to the corporate world. the company had four ceo's in six years you wouldn't be investing in them. >> not at all. we have no choice as shareholders in the corporation, we're the taxpayers. pursuit corporate analogy for a few seconds here. the dod would be the corporation and the members...
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Feb 18, 2015
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david and liz. >> peter barnes, thank you very much. david: thank you, peter. what you think happened during the financial crisis may be wrong. that is according to our next guest of the he will explain why he believes it could happen again because we're targeting the wrong cause. liz: plus the battle over alibaba, buy, sell, some big hedge fund managers, like george soros making huge bets on the stock while others are going the opposite direction. who's right? david: i love these ones. thinking about saving for college, a lot of people think about five 29s, that was big in the news a couple weeks ago but there are other ways to save you may be missing out on. we have details how you can do it coming up right here. ♪ when the moment's spontaneous, why pause to take a pill? or stop to find a bathroom? cialis for daily use is approved to treat both erectile dysfunction and the urinary symptoms of bph, like needing to go frequently, day or night. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. do n
david and liz. >> peter barnes, thank you very much. david: thank you, peter. what you think happened during the financial crisis may be wrong. that is according to our next guest of the he will explain why he believes it could happen again because we're targeting the wrong cause. liz: plus the battle over alibaba, buy, sell, some big hedge fund managers, like george soros making huge bets on the stock while others are going the opposite direction. who's right? david: i love these ones....
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>> the way peter barnes makes them, first of all, you make eggs with butter?. it is bad for you, that we know. fruit and vegetables are good for you, grains are good for you, okay? so the message here is get the sugar, get the salt out of your diet, get the saturated fats out, get the meat out of diet and replace it with fruits and vegetables and grains. the reason they're throwing cholesterol to the side here is cholesterol is bad when you eat it in 25% of people. only one quarter of people it will raise their cholesterol substantially. but what i got to tell your viewers is blood cholesterol is terrible for you. the issue here is you may be able to eat an egg a day and not have it raise the cholesterol in your blood. stuart: what? >> if you eat butter and eat all of that saturated fat crap it is going to raise the cholesterol in your blood. >> the vegan dr. marc siegel. >> what about the rabbits? >> i haven't got time on the rabbits, do the tests on rabbits or something? >> that's how come cholesterol is in there it's in there because the studies from 1913 o
>> the way peter barnes makes them, first of all, you make eggs with butter?. it is bad for you, that we know. fruit and vegetables are good for you, grains are good for you, okay? so the message here is get the sugar, get the salt out of your diet, get the saturated fats out, get the meat out of diet and replace it with fruits and vegetables and grains. the reason they're throwing cholesterol to the side here is cholesterol is bad when you eat it in 25% of people. only one quarter of...
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Feb 23, 2015
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liz: peter barnes is live at the white house. peter, how will this impact millions of americans, say for example, with 401(k) plans? >> david, and liz, it will affect them a lot. the labor department complete ad draft rule that will impose a special duty, fiduciary duty on stockbrokers to put their clients interests first before their own personal gain, mainly when people are rolling over their company 401(k) plans into iras. and that is about $300 billion in transactions a year. now you would think that brokers already do this. but in fact legally they are not required to. right now they are only required to sell clients investments that are suitable for them, and that word, suitable is open to wide legal interpretation. so, critics, including the president, now today, say that create as conflict of interest for stockbrokers and their firms. >> there are a lot of very fine financial advisors out there but there are also financial advisors who receive back door payments. or hidden fees, for steering people in into bad retirement i
liz: peter barnes is live at the white house. peter, how will this impact millions of americans, say for example, with 401(k) plans? >> david, and liz, it will affect them a lot. the labor department complete ad draft rule that will impose a special duty, fiduciary duty on stockbrokers to put their clients interests first before their own personal gain, mainly when people are rolling over their company 401(k) plans into iras. and that is about $300 billion in transactions a year. now you...
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peter barnes is at the white house monitoring this one for us. peter. >> hey melissa.nt is talking about a draft proposal from the labor department that the would impose a special duty, fiduciary duty stockbrokers to put clients interests first before their own, telling them investments when they roll over their 401(k)s at their companies, into iras. about $300 billion in rollovers a year. now you think brokers already do this. in fact legally they're not required to, right now, they are only required to sell clients investments that are, quote suitable for them, and what is suitable is open to wide legal interpretation. critics, now including the president, say this creates a conflict of interest for stockbrokers and their firms that incentivizes them to sell them higher fee and lower return products. in fact a report from the president's economists estimate, that conflicted investment advise by stockbrokers for role-off customers, cost them -- rollover customers, suss them 1.7 doll trillion in assets under management. this doesn't cover non-retirement accounts. that
peter barnes is at the white house monitoring this one for us. peter. >> hey melissa.nt is talking about a draft proposal from the labor department that the would impose a special duty, fiduciary duty stockbrokers to put clients interests first before their own, telling them investments when they roll over their 401(k)s at their companies, into iras. about $300 billion in rollovers a year. now you think brokers already do this. in fact legally they're not required to, right now, they are...
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liz: philly fed president charles plosser speaking speakih beat peter barnes exclusive. to see the rest of the interview, go to foxbusiness.com. david: number one thing to watch. hillary camer, what is number one thing? >> we might see a hint that rates might start to go up sooner than what i predict which is 2017. that could joss sill the markets. david: in what way? what specifically? change in language or what? >> because this whole issue being patient. the fed said we'll be patient. the problem we have a little bit too much strength in the market. what will the fed do? they look like they're asleep at the switch. they will have to hint they might start to raise rates. ultimately our market could still go up but might mean a little hiccup. liz: they're watching greece closely i'm sure. >> greece, globally is the big geopolitical issue. there we have to be concerned but hopefully what we'll see for that default and return to the drachma in greece, is probably six months down the road. david: you think there will be default eventually? >> of course they will default. th
liz: philly fed president charles plosser speaking speakih beat peter barnes exclusive. to see the rest of the interview, go to foxbusiness.com. david: number one thing to watch. hillary camer, what is number one thing? >> we might see a hint that rates might start to go up sooner than what i predict which is 2017. that could joss sill the markets. david: in what way? what specifically? change in language or what? >> because this whole issue being patient. the fed said we'll be...
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peter barnes is at the white house.is not a surprise. maybe there is some compromise here. >> let's run through some of the details. of this $4 trillion budget it would be in discretionary spending. the president wants to bus to those sequester caps. provide half of this increase to the pentagon. he also wants, by my edition about 900 exceed billion dollars on higher income earners. limiting tax reductions by wealthier pairs. he wants to do $478 billion over six years. 14% tax on foreign profits. the president wants to take some of his money and spend it on new tax cuts for the middle class. some want to increase defense spending. there could be a deal there. a lot of them want to do something on infrastructure spending. finally, the republicans have been talking about tax proposals to help the middle class. this is all negotiation. >> the smallest number on your list there was no class. we will have to wait to see. is it enough to quiet the movies critics? katie macfarland with us for more on this one after the break.
peter barnes is at the white house.is not a surprise. maybe there is some compromise here. >> let's run through some of the details. of this $4 trillion budget it would be in discretionary spending. the president wants to bus to those sequester caps. provide half of this increase to the pentagon. he also wants, by my edition about 900 exceed billion dollars on higher income earners. limiting tax reductions by wealthier pairs. he wants to do $478 billion over six years. 14% tax on foreign...
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let's go to peter barnes. >> the cia is now reviewing this tape.rding whether or not it is often checked. we are starting our daily white house press briefing. just in the next few minutes. we also have pool cameras in the roosevelt room in the white house right now. taking video and getting comments from president obama. meeting with 10 people that wrote the president about healthcare reform and say that it has helped them. i know our colleagues will probably ask the president about this tape. we will see if he has any comment on this video once our colleagues get out of the roosevelt room any time now. >> thank you very much. peter barnes in the white house. cast prices are on the rise again. let's bring in scott shelby from chicago. what is going on scott? >> maybe three things set up. it started with the refinery count. we have seen some of these unions go on strike. it has not worked out for them. they are kind of giving us a little bit of a autumn as well. i still think we've make one more peek under $40. >> all right. thank you very much. fo
let's go to peter barnes. >> the cia is now reviewing this tape.rding whether or not it is often checked. we are starting our daily white house press briefing. just in the next few minutes. we also have pool cameras in the roosevelt room in the white house right now. taking video and getting comments from president obama. meeting with 10 people that wrote the president about healthcare reform and say that it has helped them. i know our colleagues will probably ask the president about this...
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counterparts and they are urging the parties to come up with a structure pragmatic compromise. >> peter barnes. >> you can catch peter on our fox business network. major political attentions in venezuela. police arrested the mayor of capitol city caracksus. he is accused of plotting a coup to over through the government of venezuela. the economy is depending mosty on oil. steve has the story live. steve? >> jenna this was no ordinary arrest it was an attempt by the venezuela president to make statement and shoes the democratically mayor of carackus led out by riot police. they smashed down his door before they led him away. his own wife doesn't know where he is or what the charges are. several hours later, a one- time bus driver who is president came to say the mayor was part of the coup attempt in the united states. madid youro accused the united states of a coup to out of him 12 times and the state department said the charges are baseless. many see it as a attempt as distraction and things are tough. they have the largest proven oil reserves. shoppers are hard to find basics on the shelves l
counterparts and they are urging the parties to come up with a structure pragmatic compromise. >> peter barnes. >> you can catch peter on our fox business network. major political attentions in venezuela. police arrested the mayor of capitol city caracksus. he is accused of plotting a coup to over through the government of venezuela. the economy is depending mosty on oil. steve has the story live. steve? >> jenna this was no ordinary arrest it was an attempt by the venezuela...
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peter barnes has more.airman of the fcc announces plan to regulate internet service providers, regulating more like public utilities, tom wheeler says that this would promote net neutrality to protect internet service and content companies. he proposes to for big cable and telephone and wireless companies from blocking legal content throttling it, slowing it down allowing them to charge web companies for faster speeds on their network, so-called paper organization. some of the employees and executives of the companies are big contributors to president obama and his 2012 reelection campaign. comcast employees overwhelmingly contributed to the president in 2012 over his republican rival mitt romney. rison employees also favoring the president over mitt romney at&t employees were more evenly split. but we also should note that employees at the internet company that would benefit from these proposed rules like google and yahoo and netflix, they also donated more money to the presidents campaign in 2012. the fcc
peter barnes has more.airman of the fcc announces plan to regulate internet service providers, regulating more like public utilities, tom wheeler says that this would promote net neutrality to protect internet service and content companies. he proposes to for big cable and telephone and wireless companies from blocking legal content throttling it, slowing it down allowing them to charge web companies for faster speeds on their network, so-called paper organization. some of the employees and...
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peter barnes is live in washington, dc, with all the breaking details. >> that's right, charles. the president and king abdullah scheduled a last-minute meeting after isis showed that captured pilot being burned alive in a cage. the meeting continues as i speak. continues at this hour. after it's hour, the king will cut short his current visit in the us to return home tonight to deal with the crisis in his country. earlier today before the video was authenticated, the president said it was another sign of the viciousness and barbarity of isis and it would redouble the us-lead coalition fighting the group in syria and iraq. the jordanians have promised a swift retaliation to this execution saying they themselves will execute several militants in their custody. charles. charles: thanks very much. just absolutely horrible news. all right, guys. let's shift gears a little bit. because there was massive rotation out of biotech stocks into technology stocks. maybe someone knew something. a lot of that money went to a lot of dormant pressured names that were hi
peter barnes is live in washington, dc, with all the breaking details. >> that's right, charles. the president and king abdullah scheduled a last-minute meeting after isis showed that captured pilot being burned alive in a cage. the meeting continues as i speak. continues at this hour. after it's hour, the king will cut short his current visit in the us to return home tonight to deal with the crisis in his country. earlier today before the video was authenticated, the president said it...
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our own peter barnes is that the white house.resident wants to spend 1.1 million in discretionary spending. about $75 million in additional spending. he wants to blow through the sequester of 2011. he is also looking at raising capital gains tax rates. limiting tax deductions for wealthier families. half a trillion dollars in new spending on infrastructure and highway and bridges. a tax on profits of u.s. companies overseas. this is all a dead on arrival. the mayor will be proposing their own budget. melissa: things just as usual. perfect. thank you very much. a new poll from the des moines register shows walker leading the way. 15%. senator randy paul right on his heels with 14%. mitt romney called it quits. >> it is his neck of the woods. when you really step back and look at scott walker and his story, this guy really could be a contender. i am excited to see how he does. >> what do you think economics would mean for the country. >> it has been excellent from the viewpoint of the markets. neighboring eleanor white that premium
our own peter barnes is that the white house.resident wants to spend 1.1 million in discretionary spending. about $75 million in additional spending. he wants to blow through the sequester of 2011. he is also looking at raising capital gains tax rates. limiting tax deductions for wealthier families. half a trillion dollars in new spending on infrastructure and highway and bridges. a tax on profits of u.s. companies overseas. this is all a dead on arrival. the mayor will be proposing their own...
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>> yes, it is a good report if you look at the numbers as peter barnes just said.es up a little bit job creation numbers are stronger and the big question is does this mean that the economy is in good shape? the answer is not yet. we still have about 7 million part-time workers that don't want to be part-time workers, only about 44% of the adult population is working full time. so does this feel to most americans, like a strong recovery? the answer is no. gerri: you have some very important details there. tying this into the jobless rate, which is up and seems to be bad news it might actually be good news because it sounds like more people are out there looking for jobs. todd you know as well as i do that so many people have just given him. is this a positive sign? >> the number is a positive sign about 700,000 people have entered the job force. but there is a tremendous asterisk that no one is mentioning were a few people have mentioned and that is in economics we have to adjust for seasonal changes and the rule of tom as i describe it is do not trust santa claus
>> yes, it is a good report if you look at the numbers as peter barnes just said.es up a little bit job creation numbers are stronger and the big question is does this mean that the economy is in good shape? the answer is not yet. we still have about 7 million part-time workers that don't want to be part-time workers, only about 44% of the adult population is working full time. so does this feel to most americans, like a strong recovery? the answer is no. gerri: you have some very...
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our own peter barnes is in virginia. have you celebrated with a nice big omelet yet?. can i make you one now? melissa: please. >> he's been training me how to cook eggs. i can do them fried. scrambled. i'll do this while i'm telling you about the story. there's this nutrition committee that's advising the department of health and human services and the department of agriculture about its 2015 nutrition guidelines for the united states. and it -- it just makes a recommendation to these departments. but if it does do this and decide to drop eggs as a high-cholesterol foods from these dietary guidelines, it could upend 40 years of guidelines for the government for people and how they eat their food. and there was a -- we know this may be coming. they had a meeting in december. we found a document that said quote cholesterol is not considered a nutrient of concern for overconsumption. now, they don't explain why. but if this happens, it could make egg lovers like me and you very egg-cited. melissa: let me ask you a question -- >> there is a sound bite. melissa: get that o
our own peter barnes is in virginia. have you celebrated with a nice big omelet yet?. can i make you one now? melissa: please. >> he's been training me how to cook eggs. i can do them fried. scrambled. i'll do this while i'm telling you about the story. there's this nutrition committee that's advising the department of health and human services and the department of agriculture about its 2015 nutrition guidelines for the united states. and it -- it just makes a recommendation to these...
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fox business' senior washington correspondent peter barnes is following the talks in d.c. >> well, hey gerri. the summit is looking at the root causes of extremism of all kinds. not just islamic ralliedism. it cites the farc group. they're not ignoring the issue of islamic extremism. and they're not not talked about it. they are just arguing that defeating radicalism of any kind, islamic or otherwise requires more than a military solution. the president gave the keynote speech at this summit in the last hour or so, and he talked about us military -- the us military response to isis and al-qaeda. but he also discussed the sources of -- of extremism, such as poverty or political repression, he said he would work with other nations around the world to fix those problems to help prevent radicalism. one initiative announced out of this summit this afternoon, however is designed to try to counter radical propaganda particularly of isis. and, as you know, it's been very effective at using social media for recruiting fighters and in fund-raising. here's what the president said. pr
fox business' senior washington correspondent peter barnes is following the talks in d.c. >> well, hey gerri. the summit is looking at the root causes of extremism of all kinds. not just islamic ralliedism. it cites the farc group. they're not ignoring the issue of islamic extremism. and they're not not talked about it. they are just arguing that defeating radicalism of any kind, islamic or otherwise requires more than a military solution. the president gave the keynote speech at this...
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peter barnes in washington with more. peter. >> vaccines are huge and growing business in the u.s. the world. one search group estimates global sales of vaccines $25.5 billion in 2014. with more than half going to children. the w.h.o. projects sales will hit $100 billion by 2025 with more than 100 new vaccines in the pipeline. five companies, merck, sanofi, novartis, and glaxo account for nearly 90% of the vaccine sales. merck makes measles vaccines combined with vaccines for other diseases like mumps. that segment reported $1.14 billion of sales for america. like vaccines, and drugs, they can take years to win approval, up to a billion dollars and 10 to 15 years, according to pharma, the trade association for drug companies and companies get exclusivity from the fda for new vaccines for 12 years. but profitability, it is hard to quantify. some vaccines for targeted diseases can make big money, but others for measles and flu for example, may not because big purchasers are governments, non-profit health organizations and big health care providers. they negotiate huge discounts becau
peter barnes in washington with more. peter. >> vaccines are huge and growing business in the u.s. the world. one search group estimates global sales of vaccines $25.5 billion in 2014. with more than half going to children. the w.h.o. projects sales will hit $100 billion by 2025 with more than 100 new vaccines in the pipeline. five companies, merck, sanofi, novartis, and glaxo account for nearly 90% of the vaccine sales. merck makes measles vaccines combined with vaccines for other...
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Feb 18, 2015
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that was one of the things peter barnes asked janet yellen and janet didn't want to say what was in the fed minutes, that there is a concern by the fed that the crashing prices could hurt the economy. liz: why? >> i'll tell you why. when oil prices come down normally, based upon normal fundamentals, that's a good boost for the economy. when the prices crash like they did after the opec meeting, it causes a lot of damage. think of the billions of dollars in capital spending that has been announced because oil prices have been crashed. how many pink slips in the energy industry have already been issued and are going to continue to issue? and if you look at the backbone of this economic recovery, one of the strongest parts was the u.s. energy industry. it's taken a hit unlike anything we've probably seen in the last decade or so, and they're worried about the ramifications. liz: jon, do you agree with that? and okay, yes, what was happening in north dakota and all of the places that have the shale boom, that's great, but just as the housing industry imploded, there are cycles to the boom a
that was one of the things peter barnes asked janet yellen and janet didn't want to say what was in the fed minutes, that there is a concern by the fed that the crashing prices could hurt the economy. liz: why? >> i'll tell you why. when oil prices come down normally, based upon normal fundamentals, that's a good boost for the economy. when the prices crash like they did after the opec meeting, it causes a lot of damage. think of the billions of dollars in capital spending that has been...
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Feb 19, 2015
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let's head to peter barnes. what is the latest, peter? >> david, the u.s.ury department is closely monitoring the talks between greece and rest of eurozone countries. germany in particular and international monetary fund. a treasury official is saying urging all official parties to compromise somehow restructure greece's $270 billion bailout to come up with a quote, constructive, pragmatic way forward. the official says that the u.s. is also urging the parties to, quote, tone down the rhetoric. official says treasury secretary jack lew has been working the phones, speaking to a broad array of counterparties. david. david: good stuff, peter, thank you very much. liz: so many investors have been lately fleeing energy stocks as oil continues to fall. one firm is buck trend calling for rally in one particular name in the energy space. oppenheimer says conocophillips could trade as high as $80 a share. it is at 67.42. that would be a 20% premium to today's closing price. oppenheimer says conoco expects two to 3% production growth this year and shares they say ar
let's head to peter barnes. what is the latest, peter? >> david, the u.s.ury department is closely monitoring the talks between greece and rest of eurozone countries. germany in particular and international monetary fund. a treasury official is saying urging all official parties to compromise somehow restructure greece's $270 billion bailout to come up with a quote, constructive, pragmatic way forward. the official says that the u.s. is also urging the parties to, quote, tone down the...
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Feb 13, 2015
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peter barnes is at the white house with what more we can expect from this. we want to tank about some of the executives that are attending this big event the president will talk to. some who aren't you talked about at top of the hour. those who are, tim cook ceo of apple, who just finished his remarks. talked about security and mobile payment systems. brian moynihan of bank of america is there, aaron levy of fox. vox. as far as initiatives the president talked about, dozens of companies including apple intel and others are supporting the president's 2014 cybersecurity framework which offers voluntary guide lines for cyber investment and performance benchmarks and communications. we will announce a new second stiff order for information sharing. he is expected to sign the information order, executive order on stage in just a few minutes. companies are also supporting a new secure, payment new secure payment technologies and multifactor authentications to replace passwords. the president will also push congress to pass new tougher cybersecurity legislation. mel
peter barnes is at the white house with what more we can expect from this. we want to tank about some of the executives that are attending this big event the president will talk to. some who aren't you talked about at top of the hour. those who are, tim cook ceo of apple, who just finished his remarks. talked about security and mobile payment systems. brian moynihan of bank of america is there, aaron levy of fox. vox. as far as initiatives the president talked about, dozens of companies...
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peter barnes from the white house with what they discussed and the press conference. peter? >> reporter: that's right, david and liz, and basically the president agreed to give chancellor merkel and her supporters more time for diplomacy to work out with the conflict in the ukraine in eastern ukraine with russia, and as you probably know, the chancellor and the president of france have proposed, trying to broker a deal between russia and the ukraine for a cease-fire, a new peace agreement that would include a demilitarized zone to get this settled diplomatically. she and the french president are meeting with russian president vladimir putin and ukraine's president poroshenko in minsk on wednesday. she says that is the deadline for trying to get a deal here, but if that fails, both the leaders here indicated that additional sanctions could have been in the offing. the president acknowledging that with her there's no military solution to this. ukraine can't beat russia, but he did say that he wants to make sure that providing ukraine with lethal weapons, with weapons for its d
peter barnes from the white house with what they discussed and the press conference. peter? >> reporter: that's right, david and liz, and basically the president agreed to give chancellor merkel and her supporters more time for diplomacy to work out with the conflict in the ukraine in eastern ukraine with russia, and as you probably know, the chancellor and the president of france have proposed, trying to broker a deal between russia and the ukraine for a cease-fire, a new peace agreement...
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Feb 26, 2015
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peter barnes has the report. >> the sec said the new rules will ensure the open internet that allowslegal content and application without interference from service providers to give content creators equal treatment and will regulate broadband companies whether cable or telephone or wireless like public utilities at&t comcast verizon they cannot block kleagle content or to favor one over another on their networks for payments. >> today is a red letter day for freedom for consumers who want to use the internet on their terms or innovators who would to reach without the control of gatekeepers and the rules to protect the internet and its users. >> the chairman jointed to other democrats to vote for new regulations inf -- netflix said they will protect innovation with content and services but new members voted against it they supported or arguments that it will hurt innovation and infrastructure in delivery of content. billions of dollars are a stake which is expected to end up bin court broadband providers have threatened legal action. >> these will be the consequences. higher broadband
peter barnes has the report. >> the sec said the new rules will ensure the open internet that allowslegal content and application without interference from service providers to give content creators equal treatment and will regulate broadband companies whether cable or telephone or wireless like public utilities at&t comcast verizon they cannot block kleagle content or to favor one over another on their networks for payments. >> today is a red letter day for freedom for...
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Feb 20, 2015
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david: peter barnes is following latest developments on this from washington. peter? >> eurozone officials granting greece extension to buy time to hammer out a longer term deal to possibly the restructure the bailout. we'll see. the new liberal greek government renounced fiscal and economic reforms required in the 2010, $270 billion bailout, threatening default. with bills coming due and cash running out they backed away from their rhetoric and had a six month extension but only got four. in the compromise, eurozone ministers gave greece till monday a list of reform measures the company plans to stick with, in terms of short-term bailout funding. and that list, once that list gets preliminary approval, presumably next week. then they set a deadline of the end of april for creditors to agree on a final list. officials said greece today reiterated unequivocal commitment to fully and timely honor its financial obligations to its creditors but officials agreed to the four-month bailout extension to avoid greece's economic recovery, fiscal stability and europe's financial
david: peter barnes is following latest developments on this from washington. peter? >> eurozone officials granting greece extension to buy time to hammer out a longer term deal to possibly the restructure the bailout. we'll see. the new liberal greek government renounced fiscal and economic reforms required in the 2010, $270 billion bailout, threatening default. with bills coming due and cash running out they backed away from their rhetoric and had a six month extension but only got...
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Feb 24, 2015
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when should we have raised rates, and i use it that way because charles plosser was speaking to peter barneseek ago and said we should have been doing this yesterday. where do do you stand? >> i agree, we're going to look like japan which kept rates down and down and down, now they've had rates down for two and a half decades, and we've had two and a half decades of lost jobs, a lost economy. the fed is just over and again kicking the can down the road, you know? the way i see it now, this is episode five of the fed that cried wolf, a fed that said, hey, we're going to raise rates, and then they kind of listened to what the market reaction was, and when the market reaction wasn't what thigh liked, the market went down, maybe we won't raise rates. now they can't trust any signal because the market doesn't believe them any longer. liz: okay, michael, but let me just -- hold on one second, joe. we've had the best job creation that we've seen since 1997. lost jobs appear to be coming back. we could argue about the quality of them, but, bill ve ruining, we started to see yields coming down, fear
when should we have raised rates, and i use it that way because charles plosser was speaking to peter barneseek ago and said we should have been doing this yesterday. where do do you stand? >> i agree, we're going to look like japan which kept rates down and down and down, now they've had rates down for two and a half decades, and we've had two and a half decades of lost jobs, a lost economy. the fed is just over and again kicking the can down the road, you know? the way i see it now,...
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Feb 17, 2015
02/15
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he is going to speak exclusively to peter barnes this afternoon, 3:00 p.m.e closing bell" right here on fox business, you can watch that interview. some choice words for liberals liberals care about helping people but only because they think they are smarter than everyone else. reminds me of this obamacare architect jonathan gruber. >> lack of transparency is that huge political advantage, called the stability of the american voter or whenever. stuart: excellent. if you take multiple medications, 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 a dry mouth. is it our insightful strategies that make edward jones one of the country's biggest 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. you total your brand new car. nobody's hurt,but there will still be pain. it comes when your insurance company says they'll only pay three-quarters
he is going to speak exclusively to peter barnes this afternoon, 3:00 p.m.e closing bell" right here on fox business, you can watch that interview. some choice words for liberals liberals care about helping people but only because they think they are smarter than everyone else. reminds me of this obamacare architect jonathan gruber. >> lack of transparency is that huge political advantage, called the stability of the american voter or whenever. stuart: excellent. if you take multiple...
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Feb 23, 2015
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peter barnes at the white house. peter? >> that's right.shabaab claimed responsibility on the attack at westgate mall in nairobi that left 67 people dead. that's why they're taking this seriously. they're worried about lone wolf attacks. dhs called the video propaganda, but did say it is working with the fbi to inform local law enforcement about the possible threat. it said it was not aware of any specific credible plot against the mall of america or any other domestic commercial shopping center. that said retailers say that they are taking steps. they're not taking any chances here. they say they are implementing their top level emergency plans according to the national retail federation. nfr says quote, consumers should rest assured retailers have been and remain prepared for any emergency that may arise. charles? charles: thank you very much. appreciate it, peter. now the department of homeland security secretary jay johnson defending the president's decision not to use the term radical islam. listen to this from "fox news sunday." >> th
peter barnes at the white house. peter? >> that's right.shabaab claimed responsibility on the attack at westgate mall in nairobi that left 67 people dead. that's why they're taking this seriously. they're worried about lone wolf attacks. dhs called the video propaganda, but did say it is working with the fbi to inform local law enforcement about the possible threat. it said it was not aware of any specific credible plot against the mall of america or any other domestic commercial shopping...
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Feb 26, 2015
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peter barnes is at the fcc where they are about to vote on changing the internet as we know it.elected about to tell the world how the government is going to take over the internet. i would expect some real drama on an occasion like that. am i going to get any? >> there has been some drama already and we have supporters of the so-called open internet rules standing up and doing applause but no drama in the outcome, this proposal will be approved in the next hour or so, 3-2 vote along party lines three democrats indicated their support for this. with republicans said they would vote against it. stuart: i would like to have seen real drama. i would like to have seen real verbal come back but i guess we didn't get it. you have a tough job getting drama into that situation but you did it. what does this mean for you? a new report from the public policy institute that is on the left says you have to pay even more for your cellphone and internet service. an extra $67 in fees for your home internet and an extra $72 for mobile internet. it is not me saying that. is the public policy ins
peter barnes is at the fcc where they are about to vote on changing the internet as we know it.elected about to tell the world how the government is going to take over the internet. i would expect some real drama on an occasion like that. am i going to get any? >> there has been some drama already and we have supporters of the so-called open internet rules standing up and doing applause but no drama in the outcome, this proposal will be approved in the next hour or so, 3-2 vote along...
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Feb 13, 2015
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peter barnes at the white house more details on this, who is not going and why? pple are going to be there but cyberspace is a twitter with the names of the executives who are not going to be attending reportedly because they are upset about lack of reforms in government surveillance programs that were revealed by ed snowden. people like marissa meyer of yahoo! mark zuckerberg of facebook, erik schmitz of google and larry page of google also i should point out their top deputies in security will be attending the conference. stuart: what is the reason for this? the people of facebook and google disagree with what the president wants to do in terms of surveillance? >> they feel he hasn't done enough to reform the surveillance programs ed snowden talked about and they are fighting him hard here in washington to make changes and fighting hard on capitol hill to get congress to reform these programs and while they tend to favor president obama in their campaign donations in 2012-2014, you saw plenty of donations from these companies going to republicans on capitol hill
peter barnes at the white house more details on this, who is not going and why? pple are going to be there but cyberspace is a twitter with the names of the executives who are not going to be attending reportedly because they are upset about lack of reforms in government surveillance programs that were revealed by ed snowden. people like marissa meyer of yahoo! mark zuckerberg of facebook, erik schmitz of google and larry page of google also i should point out their top deputies in security...
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peter barnes is at the white house with a preview of all.let me ask you direct question, we've got a choice we either arm the ukrainians or put new sanctions on putin i say we're not going to do either of the above. what say you? >> i would say that new sanctions are more likely than perhaps arming the ukrainians. yesterday, secretary of state kerry said that they agreed with angela merkel, the chancellor of germany, there is mow military solution here, and she is saying that if they can't get this deal with putin on wednesday when they have a summit meeting in bulgaria then they're going to be more sanctions coming but we'll see, stuart. we'll see. it's tough. stuart: momentarily, we're waiting, they are about 20 minutes late as we speak. congressman scott garrett is with us, republican from new jersey. she my congressman. welcome to the show. >> good to be with you again. thank you. stuart: don't want to suggest what might be coming up at the press conference. i want your opinion. would you support tougher sanctions imposed on putin now, b
peter barnes is at the white house with a preview of all.let me ask you direct question, we've got a choice we either arm the ukrainians or put new sanctions on putin i say we're not going to do either of the above. what say you? >> i would say that new sanctions are more likely than perhaps arming the ukrainians. yesterday, secretary of state kerry said that they agreed with angela merkel, the chancellor of germany, there is mow military solution here, and she is saying that if they...
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Feb 10, 2015
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we have fred barnes, executive editor for "the weekly standard" and peter morici, economics professor at the university of maryland. welcome to you both. fred, to you first, this is pretty ugly. nine months the talks have gone on. more than 20 ports are involved here. tell me how nasty is this impasse at this point and what kind of tactics are the unions using? >> the big one is a slowdown where they delay and they claim there is bad equipment and so on but slow down their work and that has been going on for four months. it is beginning to have a real impact. and these longshoremen, they're not exactly people having trouble putting food on their table at home. they make average wage of 147,000 a year on the west coast. they get fully paid health care and so on. and they have been offer ad 14% raise over five years. that may not sound that great but they're already well-paid. they also, will do well in any event because there is plenty of works, if they want to come to work and do it. gerri: that's exactly right. >> they have create ad mess that is hurting the economy hurting retail ye
we have fred barnes, executive editor for "the weekly standard" and peter morici, economics professor at the university of maryland. welcome to you both. fred, to you first, this is pretty ugly. nine months the talks have gone on. more than 20 ports are involved here. tell me how nasty is this impasse at this point and what kind of tactics are the unions using? >> the big one is a slowdown where they delay and they claim there is bad equipment and so on but slow down their work...
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Feb 13, 2015
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peter travers said it's "about as erotic as an ad for potty barn." hate to see hollywood ruin a literally classic like that one. members of the s and m community have been divided. some say it's not an accurate portrayal of their lifestyle. others say it is. others aren't saying anything because they have ball gags in their mouth. the great thing about "50 shades of grey," the book -- it's porn, right? yet there it sits in the airport bookstore by the business self-help book. bondage porn next to suzy over money and lee iacocca. if you're looking for reman's there's no need to resort to reading. we have plenty of romance on television. there is a show on we tv called "match made in heaven." it's an all-black version of "the bachelor." i think it's mostly black versions of "the bachelor." "bachelor" has a charmer named chris. "match made in heaven" has a real estate developer named sean, looking for his match made in heaven. souping heaven as reality show casting room. this batch already has a couple of virgins to choose from. >> so me and mercedes ar
peter travers said it's "about as erotic as an ad for potty barn." hate to see hollywood ruin a literally classic like that one. members of the s and m community have been divided. some say it's not an accurate portrayal of their lifestyle. others say it is. others aren't saying anything because they have ball gags in their mouth. the great thing about "50 shades of grey," the book -- it's porn, right? yet there it sits in the airport bookstore by the business self-help...