also our very own charlie gasparino. give him credit he always goes for it. i promise you will not be disappointed. no matter how much we prepare behind the scenes sometimes things don't go the way we play and we have a few interviews that turned out even better than expected although not for the of right reasons. even if they say it's not, it's always about money. melissa: first up for your holiday viewing pleasure the astonishing interview that my idol neil cavuto did with the unpredictable of the very wealthy founder of mcafee virus software. he is known for his eccentric behavior and he has the interview with the of regis' video that mcafee made. some call him the mad genius bayou judge for yourself. >> what made you do that? >> the press said they put a number of labels on meat and they seemed to be sticking so why not lampoon then myself? >> what were those labels? >> that i surrounded myself with guns and women i was paranoid that paranoia grant that you took three of four seconds on was an example. so on the desk i had to labeled basalts and was suppo

back to breaking news on sac capital, charlie gasparino what do you have for us?kay, sorry about that, charlie's not quite ready, so let's get to the floor show as we're waiting for more news on that. we have nicole petallides on the floor of the new york stock exchange. let me go to teddy at the new york stock exchange at the moment, and we do have a bit of a mixed market. yesterday it was individual stocks that were the story, everything from blackberry to apple. but today what would you say is sort of the threat that's moving through all of these markets? >> well, first of all, the volume has continued to contract from the quadruple-ripple witching that we saw on friday, liz. volume is very anemic, and the markets were struggling on the plus side most of the day. we've given that up here but not with any kind of real vengeance. i just think it's more lack of interest on the part of the buyers and perhaps a little selling that still lingers on. so the markets have kind of drifted a little lower here. really without any real direction. you know, we gave back a co

charlie gasparino has been anything but silent.ry and has the exclusive after the break. um... where's mrs. davis? she took an early spring break thanks to her double miles from the capital one venture card. now what was mrs. davis teaching? spelling. that's not a subject, right? i mean, spell check. that's a program. algebra. okay. persons a and b are flying to the bahamas. how fast will they get there? don't you need distance, rate and... no, all it takes is double miles. [ all ] whoa. yeah. [ male announcer ] get away fast with unlimited double miles from the capital one venture card. you're the world's best teacher. this is so unexpected. what's in your wallet? this is so unexpected. if you've got it, you know how hard it can be to breathe and man, you know how that feels. copd includes emphysema and chronic bronchitis. spiriva is a once-daily inhaled copd maintenance treatment that helps open my obstructed airways for a full 24 hours. you know, spiriva helps me breathe easier. spiriva handihaler tiotropium bromide inhalation p

charlie gasparino will be here many just a few moments with that story. got it, you know how hard it can be to breathe and man, you know how that feels. copd includes emphysema and chronic bronchitis. spiriva is a once-daily inhaled copd maintenance treatment that helps open my obstructed airways for a full 24 hours. you know, spiriva helps me breathe easier. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, even eye drops. stop taking spiriva and seek immediate medical help if your breathing suddenly worsens, your throat or tongue swells, you get hives, vision changes or eye pain, or problems ssg urine. other side effects include dry mouth anconstipation. nothing can reverse copd. spiriva helps me breathe better. does breathing with copd weigh you down? don't wait to ask your doctor about spiriva. like carpools... polly wants to k

charlie gasparino is with us as well. okay.l, when you heard that headline was your first thought? >> i was surprised. the $20 billion figure that was being kicked around, i thought that was a little bit of an allied air figure, but i guess i was wrong. we were discussing this. take two or 3 billion that they were talking about on the one side. liz: said we would give you 3 billion. >> the government 20. you come out around 11. liz: to put everything to rest. >> reporter: i don't think it well. we have to see the fine print, see if this is truly a global settlement that will include the state attorney general. that is one of the big problems. competing state attorney generals. it's easy to get the federal government's. they take there cues from eric holder. you can get the control of the currency. generally the obama administration is on board, but then you have these competing state attorney generals which take there cues from the administration but want to make names for themselves. one is a guy named eric schneider here in n

the jpmorgan, charlie gasparino reported it first, the nation's largest bank is looking to sell non-essentialamid mounting regulatory pressure. charlie is here and mark can lab bra, cato institute. welcome to both of you. charlie, what is the story? >> we were reaching out yesterday to people at jpmorgan and today you saw one of those non-essential assets being shuttered. melissa: the student loan business. >> they're out of the student loan business. got out of physical warehousing of commodities. couple weeks ago, there will be more. what is interesting about the story not that jamie dimon saying we're going to break up. he isn't saying that. we're not splitting investment banking from commercial banking a la glass-steagall. he is not saying yet there is a radical downsizing in the works, he saying something, you know him, we both interviewed him, he never said in the past, that jpmorgan is too big, that it needs to right size and needs to get down to essential elements and grow those businesses. that so me is kind of an interesting recognition -- melissa: a new message. that is a big shift

melissa: charlie gasparino, you're the best. thank you so much.t on "money," wal-mart wins and d.c.'s mayor give as gut punch to unions. we have a wage debate of our own brewing. you don't want to miss it. >>> the ceo has spoken and her words of wisdom are, women can't have it all. how dare she? is she right? it is our "money" talker. our panel is ready to sound off. do you have too much money or too much charlie gasparino? absolutely not. not possible! ♪ [ woman ] if you have the audacity to believe your financial advisor should focus on your long-term goals, not their short-term agenda. [ male announcer ] join the nearly 7 million investors who think like you do. face time and think time make a difference. at edward jones, it's how we make sense of investing. ♪ melissa: big win for wal-mart today. the mayor of washington, d.c. strikes down a bill that would require the retailer and other big box stores to pay a minimum wage of $12.50 an hour. it is an huge increase from the city's current 8.25 an hour. strong views on both sides of the battle. h

coming up, exclusive details from charlie gasparino on all of this. charlie is on the road right now, but we're going to keep with this story. >>king news today, the u.s. treasury says it will begin a third round of sales for its general motors commons stock, one step closer to its march 2014 deadline. as of september, u.s. taxpayers still own 7.3% of the company. shares of gm are taking some losses on that news. also blackberry is out at brick and mortar t-mobile stores. t-mobile will continue to sell blackberry devices online but will not stock them, this as blackberry officially puts itself up for sale. verizon and at&t will continue to carry blackberries in their stores. lori: house speaker john boehner urging republicans to be flexible in order to avoid a government shutdown, but can he keep his caucus together among the demands to defund obamacare? if he can't, my next guest says, quote, all hell could break loose. brad blakeman is a former senior adviser to president bush, and we're so pleased he's made time to join us on the program. brad, than

fox business senior correspondent charlie gasparino and some answers. >> reporter: everyone thinks itbondholders, and it kind of raise. let's back a little bit. detroit is not in bankruptcy. the court has to approve that. the blood just try to figure out exactly where the pain is being felt. bondholders will take a huge hit, but here is -- talking to analysts about detroit and new york city. and just up the phone with dick, and he made an interesting point the people of forgetting, a lot of this debt is not short. the bondholders are not now -- are not all of the business. the bondholders -- and there are still publicly traded stocks. they change the name. they're going to have to take a hit. this is in short debt. liz: so these are the same people who during the big financial crisis also held -- >> reporter: basically held all that -- liz: all the derivatives. >> reporter: with the bondholders out of business aaronic it was not the municipal bond holdings. an occasional detroit they can handle. they were ensuring toxic mortgage-backed securities. the irony, they will now be taking a

lori: the tweet that has everyone talking especially charlie gasparino.. ashley: larry summers will be chosen to replace ben bernanke at the fed as early as next week but the white house says that is rubbish. potomac research group for chief political strategist on why he thinks summers will be an enormous miscalculation by the obama administration. lori: september 15th, 2008. it was the day lehman brothers filed for bankruptcy and the financial crisis threatens the stability of the financial market and the entire global economy. this hour of the warning from mark williams why he says nothing has changed five years later. ashley: for rory, rolls-royce, they are all in lori rothman's garage and could be yours this hour. we will let you know how. lori: drove the mall in from the suburbs. stick around for that. hopefully won't rain on our parade later this hour. ashley: we are in the positive. let's get to the stock exchange, nicole petallides, stocks still on track for weekly gains. nicole: i saw those cars this morning, those are hot. dino they're going up

charlie gasparino breaking this news jpmorgan may expedite laying off of some of these workers in thegage division. we saw a big pullback becam we o refinances recently simply because we start to see the uptick in mortgage rates. more on that as soon as it is available. the closing bell ringing and 48 minutes. what a difference three years makes. up next we will bring you the very inspiring story of a biotech innovator who is turning micro algae from test tube three years ago into breakthrough products for dow chemical. united airlines, this company's cofounder and ceo joining me in just a few minutes. one of the original three days in the valley companies we used to cover. speaking of innovation, we have a fox business exclusive on the escalating videogame console wars with the commander of sony computer entertainment. all out assault. both companies launching brand-new councils. that and so much more. we will show you the as yet unreleased playstation for counsel as so much more getting the dirt on the scoop on the numbers as we continue our live coverage, day two of three days in t

charlie gasparino is here, of course, with exclusive details. >> we know him well.ntributor. he did something with target point consulting. i have a interesting study in this. you wonder why things are so dramatically dysfunctional in washington? they're fighting over the debt ceiling whether to raise it. this is a big thing t could shut down the government. this poll, caught my eye, talks about dysfunction in viewpoints in the american people. polls show americans don't want simply to raise the debt ceiling but don't want a government shoulddown either. what does that mean? they want broad policy changes for exchange in debt ceiling increase. everybody knows if you want policy changes for debt ceiling increase it will take massive amounts of compromise between two sides don't compromise hence -- lori: reasonable person understand that. >> that is not what is happening here. american people are all over the place what they consider compromise. a lot of them. kind of interesting. 54% polled suggest delaying obamacare in exchange for raising debt ceiling. i don't know

thank you, charlie gasparino. denany, over to you. as we do every 15 minutes, let's check the markets. mark newton, gray wolf partners on the floor of the new york stock exchange. mark, the dow and s&p are trying to extend their gains for the 30 strayed day which is the best for some time. give as you bold prediction. is it going to happen? >> the market stalled ahead of tomorrow's number. treasury yields are backing up close to that 3% level psychologically speaking. big moves in the dollar index today and also big moves down in gold which people are watching. crude oil is escalating geopolitical concerns into next week. that is really what is happening. that is helping to drive energy which is the best-performing sector today. dennis: thank you very much, mark newton. >> my pleasure. dennis: good day. cheryl: time for your west coast minute. california-based yahoo! has unveiled a new logo, its officers logo change in 18 years but to the surprise or dismay of many the logo is not that different from the old one. it is still purple. s

cheryl: charlie gasparino, thank you very much. it will be fun in new york city tomorrow. 30 minutes to go. coming up next, trading on treasury worries. what that means for the broader market. the playbook for rising interest. 10-year treasury note hovering below 3%, and the fed getting ready for the big meeting next week. we went out and asked people a simple question: how old is the oldest person you've known? we gave people a sticker and had them show us. we learned a lot of us have known someone who's lived well into their 90s. and that's a great thing. but even though we're living longer, one thing that hasn't changed much is the official retirement age. ♪ the question is how do you make sure you have the money you need to enjoy all of these years. ♪ cheryl: blackberry shares trading higher on reports of a possible buyout. nicole petallides with that. nicole: it is interesting to watch. don't forget it was able he missed. more than half of all smart phones around america, and then after that the competition with google and app

lori: charlie gasparino, thank you. adam: thank you, charlie.ng to the lowest level in six weeks today on bets that the fed will reduce stimulus. with under 20 minutes until the fomc decision is released, fox business contributor's phil flynn is in the pit of cme group. hi, phil. >> thank you very much. i don't know if i'm looking at gold or interest rate futures that is the way the goldmarkket has been acting. if there was one market other than interest rate futures really fearful of the fed the goldmarkket really has been it. right best big fed announcement today, will they taper, how much will it be? gold futures dipped below $1300 an ounce but it didn't stay there very long. a lot of people think perhaps this fed meeting could be the bottom. if the fed, if we price in all the tapering already maybe we've already made our move. some traders are looking for a big rebound. the other big rebound in the metals department is copper. copper had a big rebound. it too was hurt by taper fears. but that created very, very strong demand. big talk of chi

charlie gasparino's exclusive interview with the former aig chairman.iss this one. out. but tracking all the action and hearing everything from our marketing partners, the media and millions of fans on social media can be a challenge. that's why we partnered with hp to build the new nascar fan and media engagement center. hp's technology helps us turn millions of tweets, posts and stories into real-time business insights that help nascar win with our fans. like carpools... polly wants to know if we can pick her up. yeah, we can make room. yeah. [ male announcer ] ...office space. yes, we're loving this communal seating. it's great. [ male announcer ] the best thing to share? a data plan. at&t mobile share for business. one bucket of data for everyone on the plan, unlimited talk and text on smart phones. now, everyone's in the spirit of sharing. hey, can i borrow your boat this weekend? no. [ male announcer ] share more. save more. at&t mobile share for business. ♪ adam: former head of insurance giant, hain greenberg is outspoken critic of several polici

charlie gasparino, exclusive details.'s got them about whether has any chance of success. ♪ with the spark miles card from capital one, bjorn earns unlited rewas for his small business take theseags to room 12 please. [ garth ] bjors small busiss earns double miles on eve purchase every day. produce delivery. [ bjorn ] just put it on my spark card. [ garth why settle for less? ahh, oh! [ garth ] great businesses deserve limited reward here's your wake up call. [ male announcer ] get the spark business card from capital one and earn unlimited rewards. choose double miles or 2% cash back on every purchase every day. what's in your wallet? [ crows ] now where's the snooze button? [ male announcer ] now, taking care of things at home is just a tap away. ♪ introducing &t digal life... ♪ ...psonalized home security and automation... [ lock clicks ] ...that lets you be cloto home. that's so cool. [ male announcer ] get $100 in instant savings when you order digital life smart security. limited availability in select markets. ♪ l

charlie gasparino now with the exclusive details. lie. >> mary jo white is clearly putting the gun to nasdaq chief bob greifeld. she is demanding forward-looking answer to the "flash freeze." what the forward-looking answers are? i have no idea. thursday the sec will present some sort of a press release on the whole thing and we'll get more detail. this is game time for greifeld. he will essentially have to fest up. how will we prevent this in the future. did i make that exciting enough for you? lori: frankly, no. what excites me is the trouble-shooting angle. what will they do to prevent it again or trading glitches as a whole whether it's a "flash freeze" or flash crash? >> it is never ending it seems like. we'll have to accept this as a way of life so to speak but mary jo white, a pretty tough person. former u.s. attorney for the sound district. she has been around for a while. everybody thought regulation, they regulate the stock markets would not be her forte. cracking down and putting people, helping bring enforcement actions be

breaking news from our own charlie gasparino. let's get to today's market action. lance roberts, fta wealth management chief strategist and alan duckman in the pits of the cme. alan i want to talk about the lowly dollar. the dollar was on a role then the fed comes in and said it will delay tapering. is it getting up pretty bad here. >> i think so, but my reasoning because it is unwinding. bonn unwinding earlier this year from safety. the same thing happened for the dollar. the dollar accelerated to the upside because it was best of all bad currencies. people are getting out of the safety and dollar is getting below the equalibrium level. 80 will lift a lot of assets markets. liz: i tan tell you whatever happened with the dollar, quits liked it. we snap ad six-day losing streak for the dow and s&p. where do we go from here? >> we've been stuck in this trading range really since august. you and i visited last month about the selloff we had in august and had this rebound in september because of janet yellen coming in for larry summers. the markets like that. it means

of course charlie gasparino reported that weeks ago. but it's in order to win, gains from the fed as charlie gasparino reported. jpmorgan is planning to spend billions of dollars to upgrade its compliance systems with all the new rules and regs they have. lori: show you some commodities. crude oil closed lower and end the week just over 2% lower. today's disappointing retail sales number and consumer confidence data, taking some of the heat out of the market. david: apple which din do too well today and wireless companies began taking preorders for the new iphone 5 c today. it will sell for $99 on contract. lori: apple rival microsoft offering ipad users 200 bucks if they trade in their device for a surface tablet. no such luck or even other microsoft products. the tech giant apparently desperate trying to clear old inventory before a new surface debuts september 23rd. david: the ads look pretty cool with the football games. dozens of flights were delayed after computer glitch. they say it could persist throughout the day. we have a bus

this does not constitute an offer of any -- charlie gasparino breaking news left and right and twitter ideal is one of many he has been reporting. >> i broke the story -- lori: you were criticized and chuckled at. >> one thing i learned, they hate us because we are good that our job, silicon valley media is in the tank for twitter, and essentially basically confirmed in advert motley, will get up on foxbusiness.com, twitter hated us so put up the clarion to their lackeys over the tech press, and went out and attacked us. the most bizarre thing. i don't see the similar thing happening as bad as it gets but here are interesting things but the ipo was announced last night as we were talking lately, some interesting aspects of this thing, we don't know when it is coming, most people think it will be early, they might see a need to speeded up, good valuation, look at face book's valuation and stock prices giving you an indication why they want to get this done. they will probably trade someone in can demand q e 10 ending at some point we will get capering and spoil the market so better to g

adam: charlie gasparino, thank you. tracy: every 15 minutes we get checque of markets.sberg from seaport securities on floor of new york stock exchange today. teddy what are you watching? the market doesn't seem to care a whole lot about syria, does isn't. >> oh, no, i think the opposite, tracy. we got off to a pretty good start this morning. yesterday we were not trading. markets around the world were pretty strong on mostly economic news out of china. i think that followed through this morning. we were doing just fine until mr. boehner opened his mouth and said he supports the president in his efforts to have some sort of a military action in syria and, that just pulled the plug on the market. tracy: but it is interesting because the other day when we were talking about it as well, felt like the markets didn't truly like blow up based on the news that we could be going to some sort after military action again. do you think if we go, teddy, that the markets will take a big nosedive? >> you know, tracy, i mean this is really a tough call because i think like everything

charlie gasparino just came down.o talk about the twitter ipo which is very close, but he got something else on the london whale trade that is breaking exclusively to him. >> well, jpmorgan is in the middle of settling this thing. the number, from what i understand from people close to the bank, is that they're going to pay at least -- this is what i've been told -- at least $750 million as part of a fine, i guess it's going to be broken up between the two main regulators investigating this, is starts exchange which is and the control of currency, leading them to to the errant london whale trader, jamie dimon initially the ceo said it wasn't a big deal, this guy got on the wrong side of a derivatives bet, it then cost the bank something like $7 billion. they're going to pay a fine, and the charges from what i understand are over not having the proper controls, you know, to prevent something like this. it's going to be interesting. they're going to admit guilt in this thing from what i understand. but here's the thing,

adam: charlie gasparino. >> that is the way it is supposed to happen. lori: thank you, charlie.15 minutes. we're supposed to check the markets and we'll do that on the floor of the new york stock exchange. mark newton with gray wolf execution partners. we've been joining this rally yesterday. we were up triple digits. we're up 45 points now. the market seems to be waiting for the announcement tomorrow. or will something else take the headline? >> i think this is definitely what is on traders minds this point. market rallied last 12 out of 14 days. dow has been up almost 700 points. if history in any guide the past 12 months it pays to sell into the move as you approach the fed meeting, or directly thereafter. we saw that in june and july when the market dipped the 4% after the whole month of august right after the july meeting. after minutes in february, march, april and may, that was also particularly important. typically we see a lot of volatility as the fed tries to communicate the message. a lot of people wonder how can we taper when we haven't met the economic targets the f

charlie gasparino with exclusive details ahead.yield hitting fresh six-week lows dropping to 1.61% today. back after this. for his small business. can i get the smith contract, ease? thank you. that's three new paper shredders. [ boris ] put 'em on my spark card. -- 2.ea on every pchase every day. great businesses deserve unlimited rewards. read back the chicken's testimony, please. "buk, buk, bukka!" [ male announcer ] get the spark business card from capital one and earn unlimited rewards. choose 2% cash back or double miles on every purchase every day. told you i'd get half. what's in your walle [ male announcer ] now, taking care of things at home is just a tap away. ♪ introducing at&t digital life... ♪ ...personalized home security and automation... [ lock clicks ] ...that lets you be cloto home. that's so cool. [ male announcer ] get $100 in instant savings when you order digital life smart security. limited availability in select markets. ♪ limited availability in select markets. does it end after you've expanded your busine

charlie gasparino here with the latest details.m: here is the look at 10 year treasury and i can't think of anything that rhymes with treasury and two, four, six, eight. apital one, bjorn earns unlimited rewas for his small business take theseags to room 12 please. [ garth ] bjors small busiss earns double miles on every purchase every day. produce delivery. [ bjorn ] just put it on my spark card. [ garth why settle for less? ahh, oh! [ garth ] great businesses deserve limited reward here's your wake up call. [ male announcer ] get the spark business card from capital one and earn unlimited rewards. choose double miles or 2% cash back on every purchase every day. what's in your wallet? [ crows ] now where's the snooze button? [ crows ] nascar is about excitement. but tracking all the action and hearing everything from our marketing partners, the media and millions of fans on social media can be a challenge. that's why we partnered with hp to build the new nascar fan and media engagement center. hp's technology helps us turn million

charlie gasparino, he's pretty fit, jon, he'd beat us all. jon: i have seen charlie in the gym.doing that are so dangerous and why. hey, charlie. hey linda! what are you guys doing? having some fiber! with new phillips' fiber good gummies. they're fruity delicious! just two gummies have 4 grams of fiber! to help support gularity! i want some... [ woman ] hop on over! [ marge ] fiber the fun way, from phillips'. [ woman ] hop on over! this man is about to be the millionth customer. would you mind if i go ahead of you? instead we had someone go ahead of him ... ... ... ... ... ... nobody likes to miss out. that's why ally treats all their customers the same. whether you're the first or the millionth. if your bank doesn't think you're special anymore, you need an ally. ally bank. your money needs an ally. jenna: talking a little bit about the economy now, a new trend reportedly on the rise among u.s. banks just a few years after the mortgage crisis that surrounded the entire moment that we all experienced five years ago to the day on sunday. a big question about whether or not we'r

charlie gasparino's interview coming up in the next hour of markets now. ♪ without the thinking thatthe expertise to execute it... and the financing toake it grow? whatever your goal, it can change more than your business. it can change the future. that's why, at barclays, our ambition is to always realize yours. and this pk is the inside of your body. see, the special psyllium fiber in metamucil actually gels. and that gelling hes to lower some cholesterol. metacil. 3 amazing benefits in 1 super fiber. metacil. this man is about to be the millionth customer. would you mind if i go ahead of you? instead we had someone go ahead of him and win fiy thousand dollars. congratulations you are our one millionth customer. nobody likes to miss out. that's why ally treats all their customers the same. whether you're the first or the millionth. if your bank doesn't think you're special anymore, you need an ally. ally bank. your money needs an ally. >> i am lori rothman. septemberfáxd rolls wended after triple digit gains. the dow, s&pÑi andjf nasdaq all strugglingr alive. commissioner of the se

charlie gasparino has exclusive story. arlie: he is not the treasury secretary running the fed, those are the main. i just got off the phone with him, he said something that resonated with me because i have been following the notion of the banks broken up, too big to manage. this is what he told fox business exclusive, jpmorgan is likely to spin off a significant piece of the bank to appease the regulators. he thinks the regulators from the fed to the sec, all of these banking regulators investigating jpmorgan want a chunk of change out of them. they want fundamental change, they want to downsize it because they think it is too big to manage. which piece with a spinoff? this one off the brokerage division when they needed to downsize, said the likely candidate is the asset management business. he really believes this is a concerted effort what is going on with all of the investigations day after day piling on jpmorgan a concerted effort basically to force change at the bank and he thinks the change that will come is jamie d

adam: charlie gasparino's exclusive report. he will join us with more details.to see how your investments are performing. speech. nicole: it accounts for nearly half of 1%. earlier today, we had some good news out of germany and china. that brought some optimism. they are still thinking that tapering is on the

our very own charlie gasparino. charlie, i want to start with you because you're always the man in the know. what is it your hearing about this? >> it's a humbling experience for jamie dimon. he had to two down to the justice department, middle east and basically kiss the ring ever eric holder today. he had to do it with his general counsel steve cutler. he brought a guy, raj cohen. kind of an interesting guy. was, works with sullivan cromwell. involved in the bear stearns deal which is ironic because bear stearns is one. reasons they're paying for this. remember this is some of legacy stuff, legacy mortgage problems occurred at bear stearns. this is a very humbling experience for jamie dimon. he was prodded by his board essentially to end this. get some sort of a global setment on the mortgage issue. i think that is why he is doing it now and that's why he is paying it up. melissa: it would be worth it if it were all over. >> you're right about that. melissa: in theory it is suppose to include justice, federal housi

adam: charlie gasparino's exclusive report. he will join us with more details. right now, we want to check in with nicole petallides to see how your investments are performing. speech. nicole: it accounts for nearly half of 1%. earlier today, we had some good news out of germany and china. that brought some optimism. they are still thinking that tapering is on the way. let take a look at the new dow components. goldman sachs, nike, welcome to the dow jones industrials. it changes some of the earnings projections for the dow overall. back to you. lori: see you in 15 minutes. apple reported record first weekend sales. sales almost doubled the previous models debut. this calmness -- this comes after blackberry plummets. brian, great to have you back on the show. >> thank you for having me. lori: apple pulls off yet another record. why were they able to do it? >> i think it speaks to demand more then anything else. you had a launch in the u.s., but also in china. it exceeded every expectation. it was a terrific launch. lori: apple is reporting it will come in on the

charlie gasparino talks with him exclusively at 1:00 eastern.west coast minute, richmond, calif. leaders approved a plan that will for the first time ever allow a city to acquire mortgages that are under water. the thinking is it would allow residents to remain in their homes, critics say it is a misguided use of eminent domain that could threaten the mortgage-backed securities markets. m&m is private property. seattle office space market thanks to the technology sector, local developers in the first phase of a 36 acre office and apartment development complex that meet demand for companies and renters priced out of the market or can't find vacancies at all, expense is channel based tech companies like amazon and others suing high demand. those are the facts for you and if you're thinking of going for a swim in honolulu harbor today think again. 233,000 gallons of molasses has spilled into the water. this is not only causing a sticky mess but killing thousands of fish. the culprit, a faulty pipe carrying that molasses which was supposed to be loa

he speaks with charlie gasparino next.ew operating system is supposedly making some people ill. does apple have to do something about it? ♪ [ male announcer ] need help keeping your gestive balance in sync? try align. it's the number one ge recommended probiotic that helps maintain digestive balance. ♪ stay in the groove with align. >> i'm david asman with your fox business brief. macy's will increase its holiday hiring this season. the retailer will hire 83,000 seasonal workers up from 80,000 last year. jobs will be at macy's and bloomingdale's stores and call centers and distribution centers nationwide. >>> siemens will eliminate 15,000 jobs worldwide by the end. year. the german engineering company will restruck and cut 5,000 jobs from germany and 10,000 from other overseas operations. >>> mark cuban is expected to testify against his insider trading trade trial there. security securities & exchange commission i have a accusing him using inside information to dump his talk of internet so much company mamma.com before sh

executives are scrambling to find new jobs according to a charlie gasparino as the company mauls a possibleelling us that the firm decided fate imminently. so you get a little anxious when you hear that. this is just to stress. company officials did not return repeated calls for comment. reporting right now that they're out there pounding the pavement looking for jobs. the closing bell, we are five minutes away. make that six. six. and look at the markets. a better move from when we started, about 21 points of the top of the hour. nike earnings are about to come out. we will have them for you. much more ahead including a former head of home depot and chrysler in a fox business exclusive. ♪ ♪ [ male announcer ] now, taking care of things at home is just a tap away. ♪ introducing at&t digital life... ♪ ...personalized home security and automation... [ lock clicks ] ...that lets you be cloto home. that's so cool. [ male announcer ] get $100 in instant savings when you order digital life smart security. limited availability in select markets. ♪ [ bell ringing, applause ] five tech stocks with m

also our very own charlie gasparino. give him credit he always

this is news which our very own charlie gasparino broke on this very show last month.oining a growing team of new economic advisers at the white house, but can they texas economy? will they have new policies that will make this whole economy grow faster? here to weigh in, a university of maryland economist. good to have you back and show. a look at the list of people. jack glue, these are the heavyweights. they will lead the economy to robust economic growth. are you kidding me? >> the president has really put in place people who are going to justify, apologized and sell to the american people three more years of what he has done the first five years. they are there to negotiate with the congress. not there to come up with creative ideas, and that is a good thing these guys may be successful bureaucrats. hiring the designs, the chief economist of the united states, putting him in charge of the new rose surgery at the mayo clinic. he does not know anything about that. gerri: what they are saying in his boss to your concerns, the guy ran the company called the advisory b

and doesn't charlie gasparino know it.arkens back to a different era. >> let me fix my collar here. neil: you need to wear a tie. >> that is a problem. i think he is really bad for new york city. neil: why is that? >> not just the rich, he is clouds this in a class warfare, he is bad for middle class, they are employed by banks in the city, you think that every employee is $2 mill cnn's year banker, you are -- $2 million a year banker, you are wrong, they are laying off a lot of middle class people, costs are going up on regulation, he has a target on them, my dad was a bartender, he said, i like rich people they maemi tips -- they pay me, tips, i hate to break it to bill deblasio the government cannot pay everything. neil: do you think we knows that. >> there is a theory you run left in the primaries then veer to center, he seemed centrist on a few lines, there still could be a run off, with bill thompson who is more moderate than him. neil: you have to have 40% to avid that run off it looks like deblasio will avoid that.

there were dots in there charlie gasparino should be here. some do we see? i don't know. who do you think? do you think that means he is staying or leaves at ford? we'll talk about the ford microsoft story coming up. >> but first blackberry and j.c. penney, we talked about them yesterday knowing you needed to watch the name with horrific weeks, but which stock has the worst week ever? nicole? you come in from new york stock exchange, adam, we got him if front of a camera, we start with you blackberry. >> look at blackberry two contendors for awful weeks. what occurred throughout this week, monday, that is when fairfax stepped in announcing their $4.7 million offer $ 9 a share for blackberry. it ran up to $11 over speculation it may be a target but then it dwindled. tuesday there was a lot of spec lauk, wednesday bernstein said, that this could be unlikely there was concerns. largest shareholder, came out can illed earnings -- reporting a big loss $1 billion they did warn. so you have no forecast, no conference call. a bid that still seems shaky, market talk is they could

charlie gasparino more on what had been a rumored $11 billion settlement with regulators. >> it is not're in talks with regulators on an 11 bill dollars settlement that involves mortgages. a lot of this is legacy stuff, what i mean from that from bear stearns and wash mon mutual that jpmorgan bought at height of the financial crisis prodded by regulators. this $11 billion settlement is on the table i should say. it is not a done deal. when i talk to jpmorgan insiders they say chances of this happen something 50, 50. clearly not a done deal. they say the deal won't end all the regulatory probes. the market reacted very postively when this thing first hit the tape. it might be too optimistic. it will not end everything. here is the interesting thing, the number, 11 billion-dollar number, if traders are playing off this could change. it could change based dramatic irkly on the language in the complaint f jpmorgan agrees to tougher language that it did more stuff bad or subsidiaries did stuff bad the number could go down. if it fights on language and language is important because that is w

fox business's charlie gasparino, reporting the filing has to come this week if the offering is to be priced this year. liz: google had a u.k. tax bill of just, $55 million last year but on sales of 5.5 billion to british customers. the tech giant channeled nearly all the overseas profits to a subsidiary in bermuda today. >> investors watching royal dutch/shell after the energy giant said it plans to sell in its stake in the eagleford shale in southern texas. they say it doesn't meet its global targets. liz: here is the news of the american airlines is hiring more pilots. the carrier will recruit 1500 new pilots and recall all of the remaining furloughed crews. david: jury selection has begun in the much-anticipated civil trial of mark cuban. he of course the billionaire owner of the dallas mavericks nba team and a case brought by the sec. he is accused of insider trading in an internet search company nearly ten years ago. a very busy day as all eyes are focused both on washington and on wall street. "after the bell" starts right now. liz: and we have the ceo of alcoa, clause klein fe

it is you and charlie gasparino so you need somebody. that is all. charles: combination.of ben bernanke's replacement the fight that larry summers is facing if he wants to run the federal reserve, liz macdonald on who is getting in the way. president obama saying he will address the american people on tuesday from the white house, will your won't he use military action if congress rejects his syria resolution. he wouldn't say. what does bret baier have to say? joining us to talk about that. would get how world currencies are holding up against the dollar today. with the spark cash card from capital one... boris earns unlimited rewards for his small business. can i get the smith contract, ease? thank you. that's three new paper shredders. [ boris ] put 'em on my spark card. [ garth ] boris' small business earns 2% cash back on every pchase every day. great businesses deserve unlimited rewards. read back the chicken's testimony, please. "buk, buk, bukka!" [ male announcer ] get the spark business card from capital one and earn unlimited rewards. choose 2% cash back or doubl

dick dove joins charlie gasparino and why they may be in for a costly fight with regulators. us from who tops the list right now. lori: posse no surprise with washington this week. nicole, stocks still down but pulling back from much earlier losses on the last trading day of the quarter. nicole: we were down about 163 points at that time he had you still see that market action is a negative one with down volume clearly outpacing up volume today. from center to center whether it is angst or energy, et cetera. down arrows with worries about partial government shutdown and the midnight hour the key deadline point. president obama will be speaking the congressional leaders today, tomorrow, and also talking about the u.s. currency as the reserve and don't want to mess with that. the fact we're talking about all of this, that is the kind of rhetoric that makes everybody nervous. that brings us to volatility index which is a barometer of what we may see for volatility going forward on the s&p 500. while the market action doesn't seem too crazy or nervous, talking three quarters of 1

tracy: the financial capital of the world and muni apital of the country, charlie gasparino on what thiset. it is time for stocks every 15 minutes, we head to the floor of the stock exchange, nicole petallides. nicole: doing really great, back on wall street, everybody coming back from holidays, summertime, labor day, day week this week but we're seeing a mixed market, dow jones industrials pulling back while the nasdaq index in peer looking better, of arrows, the tech savvy nasdaq looking well but microsoft is something that has been weighing on the dow jones industrials today on news the deal with nokia flying high 30%, microsoft pulling back 6% on this deal, $7 billion deal in order for microsoft to acquire devices from nokia for that cellphone company and also brings in obviously another player who could theoretically suee

kaiser joins us exclusively with our own charlie gasparino. >> a very detailed report, i read, kevin.ss i didn't understand everything. i'm not an expert in the energy business. kinder morgan is pipeline company that delivers oil. >> yep. >> we'll get into that, the question why are you right and everybody else is wrong? this company has plenty of analysts on wall street. plenty big name investors are in it. they are a degree of stock promoters in it as well on other networks who say they love the stock for various reasons. rich kinder is a known quantity on wall street. you're a 26-year-old kid just out princeton, i believe. >> yeah that's right. >> how many years? >> three years. >> why are you right? >> if you think about the mlp industry in again -- >> master limited partnerships? >> master limited partnerships. this has been a fantastic sector 10 or 15 years. this is sector everybody made money in. >> right. >> i don't think people are appreciating risks to some of these companies. >> it is very complicated structure. >> it's a complicated structures. these companies, rely, their

. >> charlie gasparino reporting on the meeting between jamie dimon and attorney general, that is not fox business. not their short-term agenda. [ woman ] if you have the nerve to believe that cookie cutters should be for cookies, not your investment strategy. if you believe in the sheer brilliance of a simple explanation. [ male annouer ] join the nearly 7 million investors who think like you do: face time and think time make a difference. join us. [ male announcer ] at edward jones, it's how we make sense of investing. [ male announcer ] now, taking care of things at home is just a tap away. ♪ introducing at&t digital life... ♪ ...personalized home security and automation... [ lock clicks ] ...that lets you be cloto home. that's so cool. [ male announcer ] get $100 in instant savings when you order digital life smart security. limited availability in select markets. ♪ you're not linda. i'm filling in for officer owens. she used double miles from herapital one venture card to take an early vacation. buckle up. let's go do cop stuff. [ siren chirps ] license and venture card, ma'am. w