calling or is a an avon firing?slashing 1500 jobs at the same time, the federal government, well, is adding jobs, a lot of them. since the beginning of this administration, try 95 jobs per day. fox business' rothman and katrina on a government that gets bigger as corporate america gets smaller. it's amazing. >> frustrating when you hear the federal government adds job at the rate you described, 95 per day, when the private sector is adding very few jobs, not nearly enough to return the economy back to full ploipt, and, avon, the latest company, as you reporting here, to talk about having to do layoffs because they deal with a slowing, not just domestic economy here, but a global economy under the strife. it is troubling. banks laying off workers. we know that bonuses on wall street will be the lowest in years. again, you got the federal government that's just adding jobs and not showing any kind of, if you look at it in this perspective, any kind of empathy, rather, for the private sector. you have to wonder. there'

5-hour energy supports the avon foundation for women breast cancer crusade.o i can get the energized feeling i need and support a great cause? i'm sold. pink lemonade 5-hour energy? yeah and a portion of every sale goes to the avon foundation for women breast cancer crusade. i'm sold. new pink lemonade 5-hour energy. get the alert, energized feeling you need and support breast cancer research and access to care. the holidays can be an especially difficult time. everything's different now. sometimes i feel all alone. christmas used to be my favorite. i just don't expect anything. what if santa can't find me? to help, sleep train is holding a secret santa toy drive. bring your gift to any sleep train, and help keep the spirit of the holidays alive. not everyone can be a foster parent, but anyone can help a foster child. >> ama: people dodged a bullet in sonoma county. the russian river did not overflow. it continues to rise. threat of flooding is something they live with. they received four to ten inches of rain. residents hope when the tide goes out the water

for avon it's keeping up with the times. they are too slow to get into cosmetic sales online and now it is too late. other companies, things could go away be the end of the year, martha stewart living magazine and blackberry who hasn't done enough to keep up with competition from apple and an freud phones. >>> many retailers were hoping today would be as big as black friday. people were out returning gifts or cashing out on afterchristmas sales. people are spending lez. >> the worries of what we will deal with at the end of the year tax wise. it has definitely curved our spending. >> weather was a factor here in the east coast. the national retail federation says this could be the weakest since 2008. >> high-tech toys like tablets and smart phones topped a lot of people's lists this year. but now, you may be stressing about your cell phone deal. john matarese shows us some ways to utilize family plans so you don't waste your money. >> reporter: have you checked what you paid for on your phones these days? those new family pl

5-hour energy supports the avon foundation for women breast cancer crusade.i can get the energized feeling i need and support a great cause? i'm sold. pink lemonade 5-hour energy? yeah and a portion of every sale goes to the avon foundation for women breast cancer crusade.

of avon japan saw our story on an international flight and bought in in a big way -- ordering half akley's made-in-america products to sell in the far east. beckley expects avon japan to offer even more products from his line in 2013. >> i'm ben kaufman, and i founded quirky. >> and in february of 2012, ben kaufman showed us how he's helping inventors get some input online, using crowdsourcing to help turn an idea into a product that sells. >> thousands of people are looking at it. they're enhancing and refining each others ideas. >> the inventors, quirky, and the contributors all stand to take a cut each time a product gets on the market. now, kaufman is trying to give more inventors a chance. since our story first aired, investors have poured $68 million in new financing into quirky. that financing was led by andreessen horowitz -- remember andreessen? yeah, that's the netscape co-founder marc andreessen, a legendary inventor who sold his creation, the netscape browser, for more than $4 billion. creation, the netscape browser, for more than $4 billion. we'll be right back. [ indist

. >>> i want to draw our viewers' attention to avon products. this is a rare one to leave the s&p 500 but that's what's happening right now. shares up almost near the highs of the day here at 5.2%. analysts aren't exactly sure what's behind the move but still, it's one to mention. remember coty offered to buy avon a couple of times earlier this year. they walked away from that deal twice. in a year we're down more than 15.5% on avon products. >>> automakers revving up sales. mercedes-benz posting its best results ever in america. the ceo of the u.s. division will join us exclusively to talk about how he plans to keep those sales motoring along and whether he is hiring. >>> speaking of hiring, with millions still out of work, why are manufacturers having a tough time filling new positions? phil lebeau searching for answers? wheeling, illinois. >> tyler, the answers will surprise you. at this plant, the ceo says i would hire ten people immediately if i could. guess how many applicants he has for some of the jobs right now? zero. we'll explain why

. >>> avon plans to cut 1,500 jobs from its global workforce. they also plan to stop operations in south korea and vietnam and that's part of their restructuring plans. avon hopes to cut costs as it faces difficulties including u.s., russia and brazil. >>> the head box is launching a new service and it's considered a direct competitor to net flicks streaming video service. the service will not include television shows or video game disk rentals and for $8 a month, they will get 8 streaming movies and 4 dvd rentals. >>> time now 6:21, he may be the most reveered person on twitter and what the pope is promising to some of his followers this morning. >>> and what is happening along the coast tomorrow. the research you can help with while tracking the king tide. [ laughter ] [ girl ] wow, you guys have it easy. i wish i had u-verse when i was your age. in my day, we didn't have these fancy wireless receivers. blah blah blah. if i had a sleepover, i couldn't just move the tv into the playroom. no. we had to watch movies in the den because that's wher

he did aggress directly avon, he didn't believe that avon fell into the cross hairs of this sort of pyramideme allegation that he's alleging. >> well, it does have some what of a structure that looks like a pyramid, if you look, but -- >> right. >> i'm not saying that -- i don't like avon personally, but i don't think there's anything wrong with it. i have to go back, one thing. >> sure. >> the thing about the charity, he's very charitable guy. you can allocate whatever you are giving. i don't know that it really matters, but i do think it's very clever on his hard. >> it is. >> to say that, because, you know, then people say, well, not just that we hope he makes money, but i think it gives him an air of credibility so you can look at it -- less emotional. >> yes, good point there. >>> let's talk about nike. out with earnings after the bell. brian shactman monitoring the conference. what's the latest? >> the stock is above $100 a share. the conference call, it's interesting. they are a little bit defensive about china. the stock is sharply higher, but this is a mixed report. they beat by 14

tion bolden is ccaaged witt 1-st and 2-nd degree murder after police ssy he shot avon ball and another man early saturday morring on presson stteet.... after an argument at a club. 3&pcritical condition , this morning. ball as murder trial of his foster prother thatt as sst for february. an investigation into why a -& an diiedin police custody... is prompting protests.that's because some say... ttere's been a lack of progress. -3 progress..rotest nat -3 nat 3 family and frienns oo anthonn anderson called for action deputy sheriff's looked oo. &panderson's death was uued a homicide... but city state's attorney gregggbeenstein has yet to make a determination if the officers iivolvee broke the lawwandeeson's mother is now ppshing for answers. 3 06::5:37 "iiveeseen the whole thing. it's nothing nobody told me it's what i saw. so what are you going to do now, - kill us?" us?"prosecutoos ell fox 45... the iivestiggtion is ongoong. -3&p3 aanewwrecall coold affect the items... sitting underryour &&pchristmas tree. & tree.a toyycalledd"water balz" - and itss ther varieties: "growing skulls"...

nicole: i am looking at avon products.ou may remember coty which made a bid and then made a sweetened offer and avon rejected it. now it is up 5%. it is a top performer on the s&p 500. alpha is now reporting that coty may step in again. this was back in may when they raised their bid to 24.75. it sounds pretty good when you are trading at $14. we will see what actually transpires. right now, we may be seeing coty stepping in once again. cheryl: nicole petallides, thank you very much. should the u.s. start exporting natural gas? with the benefits the overall worth it? liz claman talk to a man at the forefront of this. andrew liveris. liz: let's go all in. the report makes a bold prediction. it will boost the u.s. economy $547 billion in just seven years and create jobs, which, of course, we desperately need. >> one report does not make a plan. it is fundamentally flawed. $90 billion at $3 million actually 20 times value that would be under threat if they went ahead and took the recommendations of this report. it ignores the

5-hour energy supports the avon foundation for women breast cancer crusade.ed and support a great cause? i'm sold. pink lemonade 5-hour energy? yeah and a portion of every sale goes to the avon foundation for women breast cancer crusade. i'm sold. new pink lemonade 5-hour energy. get the alert, energized feeling you need and support breast cancer research and access to care. >>> it is time for 321 live with sara haines. she's hangening with the crowd right across the street at the nbc experience store. >> okay, sara, we hope you pulled together unbelievably difficult questions for us. >> first up, we have nancy from florida. >> how are you? my question is for both kathie and hoda. what are some of your favorite holiday memories growing up? >> i just remember as kids we couldn't sleep the night before, my brother and sister and i. we were so eager waiting, our parents made us be very patient. i think it was just that anticipation the night before. i loved it, loved it. >> i've had a lot of great christmases. this will be my 60th. i remember once when cass and

. >> do you look at other multilevel, like avon, am way, as pyramid schemes? >> no. i haven't studied carefully amway or avon, but i think they are legitimate multilevel marketing companies. we aren't saying all multimarketing companies are schemes, but some are. and herbalife is. we are simply trying to create transparency around the company, something they have done their best to muddle, so the market can decide the right price for this company. we don't benefit by the stock going up or down. we're not ditrading this. we are short the stock. >> how much communication did you have with herbalife prior to this presentation about your analysis? >> none, other than we listened to or read many times the conference call transcripts, analyst -- >> you never went to them and said, look, this is our position. we have questions. we want answers. >> correct. >> why not. >> you saw what happens to -- since david asked the calls on his conference call, they strictly cut the access for others. this is the most transparent we could possibly be. this is public presentation. the on

but officials say man identified s avon ball has died. tte baltimore un reports the ball was aaso thh onny key witness in the murder trial of hhs & for february. 3 lack of progress in the died in police custody prompting proteets today. today.protest nats courrhouse amill and frieeds of anthony anderson who died called for action as heevily armed deupty sheriff's looked on.anderson's deeth was ruled attorney regg bernstein has &pyet to make a determiination if tte officcrs invvlvvd broke the law, inaction his mthhr says will not deter her. 3 06:05:37"i'vv seen the wwoll & thing. it's nothing nobody told me it's what i saw. so what aae you going to do now, us?" 3 prosecutors tood fox 45 thh investigation is still ongoing. 3it's been one of the woost - stretches for thh ravens inn recent memory.they've loss 3 straight games.even though they clinched a playoff berth yesterday, ravens fans aren't pxaccly feeling good about their team. peam.sports director bruce cunningham tells us where they -3&pcan go from here. 3 if the weather ever matched

obviously we're talking here about avon. >> yes, absolutely.ou know what, these are just the initial steps towards the company's previously announced annual cost savings target of $400 million by the end of 2015. so what's going to happen with this initial stage. first of all, global layoffs of approximately 1,500 people. it is also going to leave south korea and vietnam. why? well, obvious reasons. they need to turn this company around and start seeing some growth. just to give you an idea of what they do have in terms of growth, they currently have over $11 billion in annual revenue and they market to women like us in more than 100 countries through over six million active independent avon sales representatives. they have been around for a long time. they are doing what they can to stay in business. >> always good to see you. thank you. we'll be right back. [ woman ] dear cat, your hair mixes with pollen and dust. i get congested. but now, with zyrtec-d®, i have the proven allergy relief of zyrtec®, plus a powerful decongestant. zyrtec-d® let

of avon, still the chairman. this company rejected a buy outr offer earlier in the year when the share price was closeÑi to 3 where it is now. is that why she is on the list. >> the s.e.c. u.s. department of justice are investigating the company for potential violations of the foreign corrupt practices act. business in china not coincidently is way, way down. it's really a company where andrea young'sÑi skillset, which is around marketing and branding, which stood them in good stead for a long period of time is no longer really the right skill set and the problems are operational. >> it was a different scandal at energy company chess apeek energy with its c.e.o. aubry mcclendon. he gave up chairmanship position this year. gas prices for week end and borrowing hurt the year end business but he got in trouble for minuting personal and business together on the company's balance sheet. >> this is a guy that just can't keep his own personal business affairs separate from the corporate affairs for which he was the c.e.

avon falling by the wayside. herbal life, different issues.ffer a product that you could sell in stores, but it's not the way you like to do it. how much more money do you make? you're throwing out a lot of cash. when are you going to give more of that cash to the shareholders? >> we're spending some time right now actually -- and we always like at how are we going to return this money to shareholders, do we do it with the usual touchbacks. difference. we raised it in the last couple years in a row. so we're, as we talk, we're assessing that situation. >> i like that. i mean, you couldn't be -- that's a great hint. how are you able to manage your sales force, unlike all these other guys do this, so we don't worry about s.e.c., about dumping product, don't worry about the garage filled with tupperware. >> with the companies you mentioned, it's still -- you've got to manage the fundamentals of your business. the power of our business is really the power of women. women entrepreneurs, in both the established markets and emerging markets, we've go

he was did the same thing with avon and had to come back and say it's much more transparent and it's not the same. >> is there anybody here who would buy -- >> he's the one who got the started on may 1st by asking the questions. we didn't find anything but yet the stock still went down. today i think you cover the trade, and the reason you cover the trade now is because i think ackman used a mistake in the language that he used. the language implies the stock going to zero. now to your point, stephanie, you've got everyone pointing in different directions defending the stock. i think you cover the stock here if you were short. >> i agree. so david went out there, bill ackerman went out, cited -- i think the short interest is over 25%. i think could you get a short covering rally. >> let me also say we're waiting on bill ackman, who is going to be live on this program during this hour from the conference where he laid out that whole present ago. so you're going to hear directly on what bill ackman thinks about the country. you'll hear about what he thinks is the president's response.

. >> avon. >> all of a sudden direct selling is about the web.lly about the web or is it about technology and the experience of me showing you that piece of clothing. they're trying to capture the other half of the experience. how do you connect with the customer with your brand. you see pop-up stores from brands, i find it interesting that off line is the new sexy word for online own companies. >> what trend do you see coming to an end as it relates to the future of shopping online? >> one of the things--one of the trend that i see coming to an end is certainly in credit is question of a flash sale model. i'm a fan of flash sales but at the end of the day counting on the lowest price you know, discount, the perception of the discount to be the game mechanic. this may have worked in '09. if it was 30% off, oh my god that's a special deal. but every day my inbox is full of every single retailer is offering me a coupon every day. i always expect i'll get something better, cheaper but something cheaper does not always mean something good. if you loo

but unlike herbalife or avon this is a pristine brand and a history of long beating the loftiest of expectations. tupperware is indeed firing on all cylinders. particularly in latin america. the organic growth is about 6%. and that laps some very difficult 10% comparisons. one of the most exciting stories regarding tupperware is how the very populous country of indonesia has become a market. indonesia grew at a stunning 30% clip in the most recent quarter, and that was on top of a 50% increase last year. india is up, too. to me these numbers speak to the universality of these numbers and the acceptance that tupperware's product is superior to goods that can be bought in a retail store. when i asked him this morning how he can police his company and make sure that a big chunk of his sales don't go to other people whom salespeople are trying to recruit as distributors, that's the herbalife model, he made it clear that less than 10% of his customers are sellers. the company spews cash. when i asked him if he would return capital to shareholders in the form of a special dividend, he responded that t

cosmetics maker avon, johnson and johnson, and s.c.on, on their own initiative, are taking all phthalates out of their products. cal dooley of the american chemistry council. is there a panic out there? >> no, i don't think there's a panic. >> what would you call it, 'cause-- >> you know, there are some consumers out there that have some concerns about our products, and we respect that. >> i guess what i'm asking is, is the word "phthalate" now-- does it have such a stigma that the companies are going to demand you find alternatives because they're too afraid that people won't buy their products? >> no, we're not concerned about that. we understand that consumers really value the products that contain phthalates. the market is still strong there. we're going to continue to produce them. >> so while scientists and the epa search for a definitive answer on whether phthalates are harmful or not, the question for the rest of us is, should we take precautions now? if i said to you, "are phthalates harmful to humans," what would you say? >>

wearing was a white mask and that he was carrying this rifle when at one point it jammed, an employee at avonauty a store located right across from macy's says she was at her locked store customers that 18 month old daughter. heard back-to-back shots there a pause and six to eight in a row before the guy appeared to move on. law enforcement has just confirmed that there are people dead on scene. listen. in. >> did he tell you how many people he saw hit? >> yes. he said he saw two people that were shot face down and there was blood oh my gosh where is your store on the upper or lower level. >> lower. >> we understand this happened on the upper level. the shots were loud enough that you could tell something bad had happened. >> i mean we all just froze. i thought maybe something fell or something like that. but we all just looked at each other whnd and when we saw the people running a flood of people running we knew people were screaming people are being shot. get down, get in the back, get safe. >> that's what you did. you went to the back of the store and sort of locked yourself in back there

avon, largerc coty. >> we're seeing some weak ps in housing-related names.rl poopool interview was interesting. he did say demand trends are still negative, although by a small amount and we're off the 26,000 high. speaker boehner is about to speak. here he is. >> when it comes to the fiscal cliff that's threatening our economy and our jobs, the white house has wasted another week. you know, eight days ago secretary geithner came here to offer a plan that had twice the tax hikes that the president campaigned on. it had more stimulus spending than it had in cuts. and an indefinite, infinite increase in the debt limit like forever. four days ago we offered a serious proposal based on testimony of president clinton's former chief of staff. since then there's been no counteroffer from the white house. instead reports indicate that the president has adopted a deliberate strategy to slow-walk our economy right to the edge of the fiscal cliff. instead of reforming the tax code and cutting spending, the president wants to raise tax rates. but even if the president g

avon is cutting 1500 jobs from its global work force.ny will also leave south corey and vietnam. the moves are part of a turnaround plan as it is working to eliminate hundreds of millions of dollars in costs over the next few years. honda is going to recall 800,000 minivans and suvs nationwide because the vehicles can roll away even when the key has been removed. recalling. the 2003-2004 model of the honda odyssey and pilot suvs and the acura from 2003 through 2006. on the received some complaints including fleet to the cause minor injuries. that is the latest from the fox business network. melissa: half an hour from the fed chief's news conference and fox business will bring his remarks live, but first we want to know what would you ask ben bernanke. lou dobbs is here with his take. what would you ask him? >> will will take to get unemployment to 6.5% because that is a new target for the fed. i don't know that in the history of the fed that they have ever put an unemployment target against specific monetary policy. melissa: a lot of tim

avon calling up 5.6%. and genworth financial.as nicole mentioned earlier, your loser on the s&p 500. we'll be right back. ♪ ♪ [ male announcer ] it started long ago. the joy of giving something everytng youe got. it takes passion. d it's not letting up anytime soon. if you're eligible for medicare, you might knowit only% of your part b medical expenses. the rest is up to you. call now and find out about an aarp medicare supplent insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they help pay some of the difference. and could save you in out-of-pocket medical costs. you'll be able to visit any doctor or hospital that aepts medicare patients. plus, there are no networks, and you never need a referral to see a specialist. so don't wait. call now to request a free decision guide to help you understand medicare. and which aarp medicare supplement plan might work best for you. ththere's a range to choose om, depending on your needs d your budget. and they all travel with you

it is on the 1100 block of avon avenue near lee street. monoxide event that affected number of people. four students fainted. two teachers fainted. both were brought back to consciousness, revived as they were taken away from the building. 25 people at this point have been taken to local hospitals to be checked out. we're watching this situation. we'll keep an eye on it. we'll let you know what develops at finch elementary in atlanta. bill: we'll keep an eye on that, you're right. 25 minutes past now. we have new and incredible video. some say it may be evidence of a sibling rivalry starting even before birth. scientists using new advanced mri scan catching never-before-seen footage of twins appearing to fight it out inside the room. dr. stephen garner with new york met think of the hospital and with me now. good morning, doc. good to see you. hear is the image, though us what you think should be focused on. >> hear is the big guy. he towers over the little guy. what he does he punches with his arms and knees. here is his knees and this gu

cosmetics giant avon has just announced its eliminating some 1,500 jobs in the struggles to cut costsf your morning orange juice may soon be on the rise. a new report warns that florida's orange crop is among the worst in almost half a century, thanks to the persistent drought in recent months. >>> and a man they once called the godfather of world music has died. ravi shankar played his sitar with everyone from george harrison of the beatles to john coltrane. also organized the first-ever benefit concert, back in 1971. of course, his daughter, norah jones, would go on to build her own remarkable career. ravi shankar was 92 years old. >>> now, here's diane sawyer with a preview of tonight's "world news." diane? >> hello, josh. and tonight on "world news," they are jumping aboard. celebrities, titans of business, viewers like "gma" viewers, creating jobs right here in america. and you have to see tonight, what's next in our big "made in america" christmas. >> and so we shall. >>> and finally, what would you do if you were just walking along, minding your own business and you saw this? >

beauty products retailer avon announced this morning it will cut 1500 jobs globally over the next yearts operations. >> robots is looking to challenge the red envelope guys. a red box the ddt as co. is launching a movie streaming services challenge net flicks. the new service will offer an unlimited streaming video plan that includes movies for more brothers and epics along with four nights of ddt rentals for for $8 a month. the service won't include tv shows what it wants is on an invitation only bases before the end the year. videogame disgruntled was caused to those and i are also not included in the plan. >> twitter is getting a facelift today. the newsletter is going to look a lot more like facebook. starting today users can use a header photo that surrounds their profile fog. this our messaging block has been doing is offer a lot the past few months of the new look. twitter says the aim is to make your profile beautiful and is later style on your profile page. facebook is trying to make its privacy controls easier to find and understand. the finally will include several revisions

. >> one company that's not had good things to say for a while is avon. now 1,500 jobs getting cut, getting out of south korea, getting out of vietnam. there's been some scuttlebutt about that company's future, david. i wonder if we're looking at a turn at least down the road. >> listen, a lot of questions there, of course, about their very important business in brazil. and what they can do. but it's been a tumultuous time for the company. successfully fending off coty a while back, but the stock suffering severely. >> that's a dicey one. i don't know where the bottom is there. the brand is -- i mean, people still like the brand, i guess. >> here's the opening bell in just a couple of seconds. look at the s&p at the top of your screen. at the big board this morning, a volunteer organization made up of military veterans, first responders, over at the nasdaq, helping families on staten island affected by hurricane sandy. man, do those people need and deserve the help. still dealing with it. >> i had a congressman from new jersey on, and it was really intere

>> they control coty, which made the hostile bid and failed for avon some time back, earlier this yearyeah, they are very aggressive. >> i know you and i, when we get -- well -- >> what were you going to say about you and david? >> one of the places i like to shop. >> i had a feeling that jimmy chu was going to break your mold. this is interesting. >> me and carl are battling. >> it just seems to be that like this is this quiet accumulator of really fast-moving, high multiple brands. maybe it's a company we ought to put on the radar screen as being the next great big consumer products company out there. kind of impressed with them. >> they are being very aggressive. >> at a time when we say assets are cheap, they seem to be listening. >> fascinating piece in the "times" about instagram and how they reportedly had an offer from twitter for $500 million and change in cash and stock. and facebook bought for more than $1 billion. it wasn't exactly a billion. >> we've seen that knob of times for these early stage companies, instagram being one of the key ones. how many employees did they ha