adam shapiro with more details.so congress releasing a new report on the scandal at mf global that left billions in customer money missing. they're pinning most of the blame on jon corzine. what are the details in that story? you want to get this, coming up. liz: bp agreeing today to pay a record 4 dal billion settlement for the 2010 oil spill. david: the settlement is the largest criminal penalty in u.s. history. adam shapiro is on the story. adam, what is the latest? >> that $4 billion is to settle criminal charges which bp agreed to plead guilty, 11 counts, roughly with the department of justice. 3525 million with civil charges from the sec. when you look at charts and what happened with bp's stock today keep in mind while bp already booked $38 billion towards the disaster in 2010, it still faces fines of anywhere from 5 to 21 billion, again, five to $21 billion from the environmental side as the u.s. government and different regulations come into play. this settlement is the criminal side. but they could have a

adam shapiro joins me from a hess station in manhattan. adam, i canot believe we still have this problem. >> yeah, believe it. take a look. i want to show you something live. we'll pan over to the line ofars that have gotten into queue to get gasoline. emergency vehicles andthis verizon truck is getting to cut, because if you're working to restore some infrastructure that got knockedut by the storm they're letting you get in. the line is much better today with even odd rationing. only 30 minute wait. we're at 34th street. we're stretching down to 40th street. it has been that way all day long. ben is my photographer. here is the gas station. people many coming in all day long. tanker trucks bringing gasoline. part of the problem according to mayor oomber the distribution centers where tankers go toet gasoline were far worse damaged than originally thought. that is one reason, what, 25% of the gas stations in all five boroughs are open and roughly 75% are closed. the other reason electricity on long island got hard hit by the storm, no need

adam shapiro reporting from new york. liz: time to go off the desk?to arrive on the destination on time. might not want to fly american airlines. according to u.s. transportation department, only 58% of american's arrived 14 minutes late making it the worst performer. major topping the list on on-time arrivals, delta 99 america blames its poor performance what it call as illegal work slowdown by pilots who we reported are not happy with the cost-cutting measures being taken as part of the airline's bankruptcy process. david: we saw those guys. saw them outside. also "off the desk", if only abc were really as easy as one two three. king of pop's older brother, jermaine jackson filed a petition to change his name to jermaine jacssun. liz: why? david: he said artistic reasons motivating for the change. the hearing is february 22nd before he makes anything official. seems like a big effort. prince was a much bigger one, remember that? liz: the symbol. next is money with melissa francis

connell: adam shapiro in vegas for us.: stocks now and right now, nicole petallides watching the big loser for us. nicole: taking a close look at cablevision. cablevision down 5%, talk about what went off, turns out the costs are significant for a name like cablevision saying customers of hurricane sandy have to call in and get rebates. sandy will be worse than irene for cablevision. substantially larger impact from hurricane sandy, $16 million impact it saw from hurricane irene. that is what we are looking at. significant costs could be related. that is the chief financial officer coming off and talking today. take a look, dow jones industrials doing quite well at 1.1%, 150 points for the dow. connell: ron paul is coming on to talk about today's election. is never boring. ron paul coming up next. dagen: easy to find winners across the market. take a look. dagen: we have been arguing all morning off the air about the right to vote and the need to exercise it and those folks in new hampshire, small town which opened its pol

let's go back to adam shapiro. he is live and staten island. connell: what is happening, adam?e are watching strangers come by with food and water. the topic everyone is discussing is the fact that the new york city marathon is still going to be run. i want to introduce you to very important people who live in this area. this man grew up here and his girlfriend lives behind here. some of the houses condemned. john, the marathon is going on. what do you think? >> i think, along with many others, it is a disgrace. >> what would you say to mayor bloomberg to maybe change his mind? >> i can understand you may feel it is uplifting, but there are people out there that need the water, they need these hotels. i feel it is a disgrace. >> now i want to and -- introduce you to this woman. >> i think the governor has done a great job in new york and the tragedy. this is not a good answer. i am very concerned. we need police officers here, we need generators here, we need hotel rooms here. all of these things are being taken away for this marathon. >> i do have to point out, when we came in

adam shapiro has been covering the story all day and it's you with the details. lso have former u.s. attorney and federal prosecutor. i will start with adam. this is staggering. >> here is the very simple problem. you have hp under former ceo buying this firm, now saying after mike lynch, who was the founder and ceo, after he left, and executive comes forward to hp and says there are problems. there are improprieties. the dude due diligence? melissa: basically stood by the books and said we looked at them, here are the books. >> so, hp, how is that million dollars b he spent on the econo. what kind of due diligence really was done? hp or sony former executive under the us and mike lynch, nobody else. melissa: what is your take on this? on the surface my response was didn't hp do the due diligence? they did not spend enough time looking at the books of the company they were buying to mention the revenue streams and everything else were on the up and up, but they had this top-notch accounting company standing behind the books, what do you think the real story is? >>

adam shapiro is at a hess station in midtown manhattan with more on this. am, i can not believe this is still going on. it's amazing. >> a lot of new york drivers can't believe it is still going on. real quick, look at something, first the line. this line stretches down to the 38th street, that is anywhere from 15 to 30 minute wait. look at the gas station. we haven't seen this kind of rationing since the 1970s or 1980s. this is even odd rationing. if your last number is odd number you fill up on an odd day. if the last number is letter not a number on odd day. even numbers tomorrow fill up. when we talk about what is actually happening here, because mayor bloomberg says the gas rationing could take several more weeks. they're still building infrastructure for delivery of infrastructure throughout the new jersey, new york area. the other issue is not only pipelines but the distribution centers where tankers fill up. some were damaged far worse than thought. that is also the reason they're having to ration. they can't get as much gasoline to the stations. on

dennis: thank you very much, adam shapiro.ine, that is actually a new record. shoppers spent $59 billion over the four-day holiday weekend. winners and losers from the stock's perspective. you were worried about wal-mart going into black friday, how big of a deal? >> they did extremely well, they were the best prepared of anybody in my opinion. they got everything down to where they wanted it to be. they had layaway working, promotions going to bring people in the door, opened at 8:00, the protest did not seem to hurt them at all. they were the best prepared of anybody i looked at. cheryl: wal-mart despite the protests: number two website to wal-mart.com number two. the sets a price to? >> online 20%, the guys who do brick and mortar sales up 40%, 50% online sales. if your macy's or wal-mart or target or kohl's, their online sales are increasing faster than online sales in total. cheryl: you are happy with macy's and the gap. >> i thought the gap was great. i was really happy with them. macy's i thought was a big winner, the g

adam shapiro in nevada. peter is moving. peter is on the trail with governor mitt romney in fairfax virginia. peter, you get it first. peter: thank you, liz. we are on the press bus actually following governor romney to his next event. it is here in northern virginia, george mason university. governor romney is barnstorming through four key battleground states today. started out in florida this morning. he's making two stops here in virginia. this is his second one. then we go on to ohio and then he finishes up tonight in new hampshire with a victory concert with kid rock. but we have learned that governor romney will now actually be campaigning tomorrow on election day. this is not totally unprecedented. he's going to go to the cleveland area and the pittsburgh area, back to ohio, and of course to the key battleground state now of pennsylvania. in more get out the vote events. he's not going to be really having campaign type rallies in those states. but turnout is now critical to the romney campaign. governor romney wants t

tracy: adam shapiro, thank you cell you -- shapiro.been alluding to this, the latest e edition to the james bond series raking in records. dennis kneale joins us now, i was one of the many. >> and so was i. and it is the biggest opening ever for a james bond film, and we are talking 50 years and 23 flicks. skyfall hauling in almost $90 million over the weekend in the u.s. and clearing the half billion mark worldwide. it opens overseas ten days before, daneing to come to the u.s. scheduled to beat casino royale, it was daniel craig's first bond film, could even be the all-time leader in inflation-adjusted terms. thunderball, really with a great cost, dramatic death of a key character, incredible special effects and way too much torso shots of daniel craig. i saw it on saturday night at an imax theater, and can it was fantastic. tracy? tracy: maybe i saw a different can movie. i think he had his shirt off twice, there was no romance, there was no sex. >> actually, you go see james bond for special effects and killing people. tracy: what

adam shapiro has more. adam, do you see the toys i bought yesterday, are they on their way? >> there is a good bet if you bought from amazon.com and your packages will be coming through this fulfillment center. after the store owners and the pickers get it into the system, it will wind up in this section of the facility. come with me, want to show melissa something. you bought some toys and some gifts for the holidays, but cyber monday when you talk about the revenue, for amazon.com, 1.5 billion total cyber sales today will be $1.522 billion. they are luring in. a big panic. $999.99, crazy eddie couldn't beat that back in the day. you have your kindle. the canon camera usually with all of the bag and the lenses will be 1500. this is for your kids. i want to show this to you. we were showing folks this earlier. this is monster move mickey. once it gets going, you understand why amazon.com is selling this fisher-price toys expecting roughly 60 to 30% increase in revenue in the fourth quarter. anywhere from 20 to 23 billion in shares in the fourth quarter. versus what they had

adam shapiro with a look at what local business leaders are saying about tomorrow. adam?it is about employment here in las vegas, clark county, which usa today just talked about the fact that if mitt romney wins clark county, he could win nevada, but to talk about unemployment and how that's playing into the resurgence of las vegas, we're joined by the ceo of angel management group and they run some of the nightclubs here, the industry, the top eight revenue grossing nightclubs is here in las vegas and he's going to talk to us about this. you're about to expand, 100 million dollar expansion and have things recovered that well here? >> we believe that the market has regenerated since 2007. and really, our audience continues to grow and visitation has changed primarily from a gaming market to more of a crossover food and beverage and gain in hospitality. it's good times for las vegas as far as we're concerned, yes. >> when we talk about las vegas, most of us think about gaming and resorts, but we were just discussing that the demographic seems to be catering to the 20-somet

thank you, adam shapiro. used car dealers at it again.superstorm sandy to jack a prices? we put the lawn of a spot next. cheryl: the impending fiscal cliff lose our economy on the brink. moody's analytic john lawnskate with his father. don't be so short is going to be averted. dennis: how the world's currencies are faring against the u.s. dollar. 4g lte is the fastest. so, which supeast 4g lte service would yochoose, based on this chart ? don't rush into it, i'm not looking for the fastest answer. obviously verizon. okay, i have a different chart. going that way, does that make a difference ? look at verizo it's so much more than the other ones. so what if we just changed the format altogether ? isn't that the exact same thing ? it's pretty clear. still sticking with verizon. verizon. more 4g lte coverage than all other networks combined. fewer than 20,000 new york city residents. a different story in new jersey with about 255,000 still without power, new york long island had over 200,000 outages. medical teams heading to the hard-hit are

. ♪ >> i'm adam shapiro with your fox business brief.eds could saddle did barclays with a $470 million fine amid allegations the bank and four traders manipulated prices for electricity in california. the bank is accused of manipulating prices in one market to profit in another. if it imposes a penalty would be federal energy regulatory commission's largest fine of. >>> the price tag on damage by superstorm sandy could reach as much as $50 billion according to new estimates by eqecat. the widespread outages of electricity and subway service could push the estimates higher. >>> as it wrists down the value of past investments ahead of another restructuring. that is the latest from the fox business network. giving you the power to prosper. melissa:. lori: the obama administration says it is still investigating the attacks in at the consulate in benghazi but with days before the election the american people are unhappy with the job done there. according to latest "fox news poll", 39% approve the job obama is doing on libya and 47% voters dis

adam shapiro has the latest on the recovery efforts.dra: adam: most people not happy about the marathon. you can see them getting ready for that new york sanitation trucks to calm down hunter avenue and pick up all the debris. the trucks are over at orchard beach right now. the dump trucks we have seen so far have been picking up trees and different kind of wildlife that has been knocked over. they want to clear all of that out for the utility crews. i want to introduce you to the woman that used to own all of these possessions that came out of the house that was damaged by the water. she actually works for the city. right now you are working to get your life back in order. what has the lesson to you? >> they said they will take care of it. they checked the house now. adam: are they giving you any indication whether it will be a loan or a direct grant? >> they said they would tell me and five or ten days. i have to wait for my insurance. adam: we have seen an amazing amount of activity here in the city. the national guard is handing out

ashley: i am adam shapiro.tocks trade in positive territory following optimistic comments from president obama and john boehner, fiscal cliff negotiations, and well point has received clearance from the justice department to move forward with its $4 billion purchase of rival health insurance company america group selling operations in virginia alleviating concern companies would have a monopoly in the northern part of the state to deal with the announcement in july. the proportion of student loan balances and delinquency means they aren't paid for 90 days. surpass that of credit cards in the third quarter, that is according to the federal reserve bank of new york. the financial crisis, student debt has risen 56% whereas other forms of debt credit are go -- on a mortgage declined 18%. we continue count down to the closing bell with liz claman. liz: breaking news. there may be another reason besides optimism coming out of john boehner's mouth about the fiscal cliff discussions. the wall street journal for the pas

adam shapiro thank you very much. adam: bye. tracy: our next guest says she too had questions about hewlett-packard's 10 billion dollars autonomy deal from the start. joining us now the vice president and senior analyst at fort pit capital group. kim, i'm glad you are here actually today because you too thought these valuations didn't add up. >> well, when you look at what they delivered, as a product, which is making unstructured text searchable within a whole company, a very important idea to be able to manage your data -- or your knowledge assets. i was looking at this and i just couldn't get my head around why people would pay for this, because it is not a quick project. it is not high roi and that's what businesses have been doing the last couple of years. i just couldn't get the growth for this. there's a company that was very similar that was private and based here in pittsburgh, and their growth was kind of slow, and i just couldn't get these two halves together, and now we know. there wasn't that growth. tracy: you were

neil: adam shapiro, great reporting today. what we are saying again today is that, a local state, they are right to say that they are getting in front of us may want to be in front of us. but the idea of complement in compromising themselves, backslapng themselves, congratulating themselves, it would be akin to my saying, ection night coverage was perfect and pristine and bar none, the best in town. we look forward to that, but you can't stop backslapping you are a long way from crisis. there is a big difference between putting a broadcast together and putting a rescue operation together. one that involves a myriad of agencies costing billions of dollars, addressing the storm that when all is said and done will be more than $50 bilion. that is why we are calling democrats and republicans on the carpet. there people hurting here, people and long gas lines here, we will be showing a lot of that today. we will show you what it's like to fill up your ca in the new york metropolitan area in any of the five boroughs. plan on five or

for more on this, joined by adam shapiro in staten island where he has been reporting all day long, and editor-in-chief of runner's world which follows all of this. i will start with you, what has been the response from people you have been talking to all day long about this idea of having a marathon in the wake of sandy? >> people wanted it caeled. when it was announced it was being canceled i asked police officers what they felt about it and they responded in unison "good." w a girl we spoke to earlier, you got choked up, you're very emotional that the marathon would be run. what is your reaction? >> i am relieved. the right people are here taking care of what needs to be focused on witches for the city and staten island w is the unknown borough. >> since it is known that was heard. the smallest voice was the largest today. what would you say to michael bloomberg about the decision to cancel? >> thank you. take care much because now the officials can pay attention to what needs to be done. the cleanup and get people back and make a new staten islan >> really quick, what the people nee

adam shapiro at more. >> apple needs to be careful if you listen to the marketing gurus says you canheat and a brand by offering discounts because once you do it once you can't go back but take a look at what epaulet you go to their web site or what people have received as far as e-mails from apple saying this friday there is something for everyone including new. a call at the shopping event. it starts at midnight. they won't save what items are for sale but as you look down on your screen you see they have and ipad. they did do this last year. they offer discounts that range from $40 to $60 off of ipods and ipads, only $20 and imax. the question is with a bear to offer incentive to purchase because pc sales, desktop sales haven't been as strong in all categories but for apple they did a little better. when we got the chapel news on the ipad mini pointed out there sales were going up. if you tried to get one they won't deliver until november or december and you can order it. they will call you back. is that what they discount friday? stay tuned. don't expect these discounts to be the

it is now time for money's pre-election lightning roun let's go fit to adam shapiro. egas. adam, what is the story there? >> well the story here is that a majority of the ridge sterd voters have already cast their ballots in early voting. now that tend to favor democrats. according to the officials here in nevada, 70,000 democrats more than republicans have cast their early ballot. republicans point out that is far smaller number than in 2008. and that republicans show up in larger numbers on election day. so some people are saying that nevada is swinging towards president obama but clark county is ground zero. that is where las vegas is. and they are still facing some of the highest unemployment in the nation. that is playing big among the electorate here. back to you, melissa. melissa: thanks so much. let's go over to rich edson live on the ground in iowa. what are you seeing there in des moines? >> hey, melissa. this according to aides is the final stop for president obama on the 2012 campaign trail. he started the day in madison, wisconsin. he just wrapped up in lu

adam shapiro from the fox business network joins us now. am, that was part of my three food groups in the lunch box, twinkie, apple, peanut butter and jelly. i don't know how i would have made it through grade school. are they gone for good? >> reporter: old peanuts cartoons sponsored by dolly wonder bread. this is whole bunch of products nationwide really about as american as apple pie so to speak. look, hostess, is asking the bankruptcy court for permission to liquidate. what that means, twinkies, ding dongs, dolly madison, most likely will be sold to a potential buyer at pennies on the dollar and that these products will eventually come back to market. the quote though, what happens to all those people, 18,500 to will be unemployed? gregory rayburn, who is the ceo was on fox business yesterday and he was saying look, this boils down to the fact we've been in bankruptcy because we can't afford the health care plan as well as the pension obligations. they had agreement from some of the unions to go back to work and they accepted the offer t

. ♪ >> i'm adam shapiro with your fox business brief.tocks continued their downward trend as investors gauge the impact of superstar sandy and the risk of going over the so-called fiscal cliff right now . the dow is down roughly 69 points. allstate expects the cost of superstar sandy touch top 150 million. the insurance company says a more specific estimate is pending. considered to be one of the company's most exposed to insured losses from the storm. 439,000 americans filed for first-time unemployment benefits last week, pushing jobless claims to their highest level in 18 months. hurricane sandy was a factor for the storm added numbers to an already weakening jobs market. the unusually high number is the first full report following the presidential election demanded follows an unusually low numbers reported just before the election. we continue our "countdown to the closing bell" with liz claman. ♪ liz: i think atomism a bad mood. he usually says, with liz claman, the girl who would stay at the browns' game in 0-degree weather. [laught

we have adam shapiro.any people mad as hell back that with all of this going on the marathon is still going on. liz: let's head to staten island. abuse of power just as people are extraordinarily concerned about getting any power or water. the abuse they are talking about is the usage for the marathon. what are they saying about in staten island? adam: they do not want the marathon to proceed because there is still a pile of debris. this is what somebody's livelihood was. i am looking at a box of old christmas ornaments, there is a child like caught the kind you put your 3-year-old on when you are trying to teach them how to ride, then when you come down here, you have refrigerators and stoves and things like that. they have a red cross truck here. volunteers from staten island have been coming here to help out their own. you are talking earlier about the marathon. we have interviewed countless of people here. one new york state assembly woman who thinks it is a travesty, not because they do not want a pos

adam shapiro pointing apart the real problems. >> the founder and ceo left the company.t. hp says a senior executive came forward and said there had been some accounting in the build up delivered to hp in preparation of selling. they were acquired by hp. it was in charge former ceo along with the former chief strategy officer. so they are saying according to hp that there were serious mr. visitations and disclosure failures discovered by internal investigation that hired him to do a forensic accounting. and according to meg whitman, sheep put out a statement and said the two people that should have been held responsible are gone, those two people. actually said he is disappointed to learn that they allegedly had some improprieties and you have a statement from mike lynch who said he flatly rejects this anything wrong with the package they gave to hp. a couple of things to keep in mind. oracle had the opportunity, passed on it, said way overpriced. hp paid $10 billion. meg whitman gave a total pass to the accountants, auditors, and yet the question, why? they say they can

. >> i'm adam shapiro with your fox business brief.all street rounded out the day in a sea of green following hints of a potential debt deal and qe 4 from the federal reserve. at the closing bell the dow finished 106 points higher, ending the day at 12,988. >>> guess shares get a boost in extended trading after announcing a dividend of buck 20 a share. missed estimates at 43 cents a share. revenue topped expectations coming in at $628.8 million. >>> shares of workday following better-than-expected results posted a narrower than expected loss. revenue beat forecasts coming at 72.6 million bucks this is the first quarterlyly report as a publicly-traded company. that is the latest from the fox business network, giving you the power to prosper [ under crashes ] [ female e people like to pretend a flood could never happen to them. and that their homwners insurance protects them. [ thunder crashes ] it doesn't. stop pretending. only flood insurance covers floods. ♪ visit floodsmart.gov/pretend to learn your risk. david: gold bugs were worrie

adam shapiro thank you. jenna: a great live shot there, right? one of the reasons that you might want to shop online is avoiding something like this, a mall brawl caught on somebody's iphone. it happened shortly after midnight on black friday near sacramento, california. according to local reports, that we can not confirm at this time, jon scott, this started over women's lingerie. jon: oh, no. jenna: this started in a victoria secret's shop before spilling out into the mall and that is when fists started to fly. >> two guys were fun muching each other. they ran over the barriers and one guy was getting his face stopped in. 2 was pretty crazy. jenna: three men were involved in the fight. they cleared out before police showed up. there you go. jon: i heard it described earlier as a fight over underwear. lingerie makes more sense. jenna: a little more classy? jon: i guess. jenna: either way a little silly, right? jon: very. somebody is nursing a bloody nose this morning. >>> right now the clock is ticking as we approach the fiscal cliff, automatic

adam shapiro following all these developments for us right now. other things that? >> well, here in nevada the polls will be open for another hour. it is all about turn up. most of the voters, a majority voted early. more democrats voted early than republicans. republicans in nevada said that they tend to show up more or in greater numbers on election day. we will get the final numbers and another hour. we will -- your talking about the senate race. there has been a bitter senate race. the incumbent defending his seed against chile berkeley who is the representative to get caught up in a great deal of scandals leading in the polls. it looks like he will keep his senate seat, but two things that people are watching closely. one, the hispanic turnout, the number of hispanic voters as resin and nevada. roughly 1 million registered to vote. right now the president going into the election was leading anywhere from one to two points, but the republicans are saying get out the vote is crucial. on election day detention of more than democrats. neil: just a minute or so away

our very own god, adam shapiro. the people say that see you now?ur-letter word. melissa: here is a good one. president obama is reelection, residents of -- 20 states have filed petitions to secede from the union. check out this matter. louisiana already has more than 10,000 signatures. and texas, big shocker, texas has reached 25,000, which is enough signatures for the white house to review their petition. you think anything will happen? you know what, we don't want you anymore. go ahead. >> en wanted to succeed. president obama, they might say, you know what. don't mess with texas. nothing and obviously will come of this. the bigger point is that a lot of people are not just upset with the reelection of president obama. it's not about obama, per say, it's about the changing nature of the country and whether or not we're losing the very foundation of principles that made us great, including free-market capitalism, economic freedom, individual liberty. what this movement shows you is that a lot of people want to reclaim that and are not sure how to

adam shapiro is here covering the story. i am so old school, i cannot shop on my smart phone.too small. >> you turn it sideways and then it is bigger. lori: like i said, i am old school. >> online sales expected to reach new records. as we take a look at video of people shopping for the holidays, keep in mind there will be 147 million people hitting stores on friday. that is down, by the way. last year it was like 151 million people. here is what we will spend. $586 billion. that is a new calculation. they are using a new formula to calculate how much we will spend this holiday season. it is not that we will spend 115 billion more, it is that they are using a new formula. second, how much will you spend? melissa francis, how much do you think you will spend? melissa: a couple thousand. street cleaning rules $749 is how much the average person will spend. cyber sales $96 billion this year. the new thing that got added to the retail federation, auto parts. nothing says loving like a carburetor. it may not run, but -- lori: i thought you're going to say something like fine wine o

adam shapiro has all the details breaking right now. they will pay in installments over five years but all criminal issues between the u.s. government and bp will be settled. it does not remove the issue of civil penalties which by their most extreme calculations could be $21 billion. i will read you a statement from bp where the chairman of the board said we believe this resolution is in the best interests of bp and its shareholders, it removes two significant legal risks and allows us to vigorously defend the company against the remaining civil claims. keep in mind that bp has booked $31 million in charges against -- because of the disaster in 2010. they will lead $3.58 billion as part of the settlement. they still face the civil possible fine from the environmental portion of the u.s. government over this, $4,300 per barrel, two hundred six million gallons was spilled. in english possibly $21 billion but they hope they can defend themselves against that. two bp employees could face manslaughter charges. dagen: that does surpass the re

adam shapiro is live on staten island, now, i've been following your coverage all day from staten island're really upset that this marathon is going to be starting there. >> yeah, they're angry about the marathon. i want to show you quickly, the end of this street, sanitation finally showed up, helping to clean up some debris, and trucks are here in the area and picking up the debris and take a look at this, we saw a national grid come by, the utility in the area and they've been shutting the gas off, they can't bring gas back to other parts of the island until they make sure there are no leaks. introduce you quickly to a man named bob hillier. this is a guy who lives on staten island, a coffee distribution island that supplies coffee to restaurants and he brought out coffee for the people here so they could have a warm cup of joe, say hello to stuart varney and national audience and why did you decide to do this, you decided to give everyone a good cup of joe. >> yes, that's it. these people down here on staten island need all the help they can get. and it would be nice if some other co

connell: adam shapiro is on it from the newsroom. >> a potentially billion-dollar fraud, for lack ofr term. let's get straight to the comments. he is stunned and disappointed to learn of the problem. the du jour -- to diligence was particular. along with his former chief strategy officer and then of course mike lynch. hp first learned about this and what was presented to hp as they were purchasing autonomy after lynch stepped out and they ordered a accounting process. they have now turned it over to the sec. they will not comment if also the department of justice is involved. making the rounds today saying that and this is a direct quote "indirection to -- they should have been held responsible and they are gone. "to solve all of the self, there are still serious questions about what went on with the do they cannot be held responsible for missing this problem. this leads to another question. the former ceo at hp, he was that oracle. autonomy was shocked to oracle. a press release from oracle saying that they said with the current market value of $6 billion economy was already extreme

adam shapiro is covering that story and is here right now.oncern if obamacare, patient protection for what correct will lead to companies laying off people or not hiring people. so he called mercer, a benefits consultant going to companies and help them to benefits, and they did a survey of 1215 different employers nationwide right after the supreme court upheld obamacare, and what they found might surprise you especially if you work part-time. first, when those companies that rely on part-time workers, those who have employees working 32, 33 hours. in retail and hospitality dependent on part-time workers, 32% of the respondents are making workforce strategy changes meaning they may actually cut the number of employees who work more than 30 hours because obamacare creates problems going forward for them. also obamacare cost increases among retail and hospitality employers. they expect cost of healt healte to go up roughly 40% or more. cheryl: one of the biggest complaints were cost would not be dealt with. >> and say they're coming out with h

connell: adam shapiro is with us for more on this story. >> i want to draw your attention.n article about this. there were hints that this baby coming. he has become one of the polarizing figures that microsoft executives. a picture of him as an incredibly smart and passionate man. he could create a toxic work environment. now he is gone. he put up obstaales trying to integrate microsoft eight. xbox and windows. this is a man who has saved microsoft in the past. they brought him in. he was head of windows. it was after the disaster of windows vista. he was not playing nice in the sandbox. here is a quote we got from steve ballmer "it is imperative that we continue to drive a lineman across all microsoft aims and have more integrated and rapid development cycles for our offspring." investors do not like the departure, but will the microsoft company be able to recover. back to you. connell: that is very good, adam. i guess we will cross them off as our future ceos of microsoft. dagen: new york residents are fed up with the utility companies quick response. they are taking act