it's down about 6% in the wake of charlie gasparino's report that the show on 20/20, it's a very harde doing some type of expose. again, charlie's reporting. 20/20 is doing an expose on herbalife. now this stock is down nearly 8%. he tweeted just as you see it was pretty much flat, plateauing until the big falloff. he had tweeted his report, then came on my show, started talking about it. this company has been at the center of a push me, pull you tug-of-war between carl icahn, activist investor and billionaire, and bill ackman, activist/investor and billionaire who believes it's a pyramid scheme. icahn jumped in and said, no, it's not, a perfectly fine company, and i see it going to $110 a share, right now it's getting hammered, getting worse as we speak for herbalife. jo ling, i want to mention to you at the nasdaq that charlie had stressed it could be pulled by lawyers, one doesn't know, charlie gasparino reporting that 20/20 will be doing a piece, some type of expose. could there be a whistleblower? and the stock reacting very negatively on that nudes. now we get to jo ling kent at

and, of course, charlie gasparino all over this story.out a quarter of a percent at $55.10, trading volume 3.3 million shares. okay, want to just go to our reporter right now who's been covering this ukrainian situation, diplomats including u.s. secretary of state john kerry have issued a joint statement calling for a deescalation of violence in eastern ukraine. pro-russian protests do continue after three anti-government activists were killed in a failed attack on the ukrainian national guard base. let's get right to fox news' lelalandnd vitittetertrt w witht details. leland? >> reporter: liz, this is very much a city divided, a region on the verge of civil war. just about a mile up the road from where we are is the regional parliament building here that has been taken over by those pro-russian separatists. they are heavily armed. and what was interesting is we walked into this crowd that was increasingly violent throughout the day, was just how much they viewed this not simply as a ukraine/russia situation, but a russia/america situatio

let's get to charlie gasparino. have you heard about this. >> three weeks ago the fox business network that herbalife was bracing for the attorney general investigations. the stock went down facially significantly on the report. we saw eric schneiderman, the new york attorney general and now we see illinois. i don't think the illinois attorney general is that significant. new york attorney general is very important for herbalife for one reason and one reason only. the new york attorney general has something known as the martin act. it's a law which you could essentially indict someone on a very low bar for see emtore. knowledge that you had forethought you went out and purposefully committed the crime. the bar is very low with the martin act that is important. i would say this is an add-on investigation. melissa: yeah. >> we said it first they will get this and probably going to get more because bill ackman has been out there lobbying for this with state and local politicians. melissa: as you said on the back of new

charlie gasparino. >> i don't want to punch anybody. melissa: of course not.ver imagine you in any dust-ups the of any type. >> see what happened with a angry wall street guy yesterday. melissa: really? >> after the break. melissa: that did sound interesting. >> you know, listen -- melissa: got dick costollo on your list from twitter. lloyd blankfein from goldman. how come? >> i don't like costollo, they ran this very managed ipo it was total bs because they only did one station, brand x, across the way. melissa: not familiar with them. >> and, you know, total softball questions. they only allowed that. so i don't like costollo for that, for not manning up and doing -- melissa: facing you on television. lloyd blankfein. what is that? you have something against goldman today? >> i just despise goldman sachs. lloyd is nice enough guy but i think he runs kind after crummy company. melissa: larry fink. >> i love larry. melissa: he is like your buddy. >> here is the problem with larry. melissa: okay. >> he runs around telling everybody he doesn't want to be treasur

let's get to some breaking news, charlie gasparino. urces close to the nasdaq ceo bob greifeld say the executive is eyeing even more acquisitions for the stock exchange, but is that really what investors are hoping for? what do you mean, charlie? >> well, here's what we do know, that bob greifeld does risk an investor revolt if he does what he's planning to do and what he's telling everybody he wants to do which is go out and buy some smaller acquisitions to build out the platform, information services platform. as you know, they bought that piece from thompson which is the data information. i guess it was a pr sort of information network -- liz: bigger act by uses? >> -- acquisitions? >> no, they want a stock buyback. we've been doing this in the middle of him going out and exploring these options -- liz: we need to show the ndaq. >> ndaq, i believe it is, that's the stock of the nasdaq. we have confirmed he is out there actively looking for acquisitions. it's a big problem i think he's going to have, and this is like one of many probl

charlie gasparino is reporting it has a lot to do with depending on what you're really looking for, what has to be reporting of news for the company. charlie has been working his sources. there is a revolt according to charlie on the bond side of the street, so stay tuned. first, our top story, gm damage control day two. mary barra undergoing any round of questioning under the watched recall, but her answers are very much the same. today the senators hold no punches. rich edson live on capitol hill with the details of the hearing. jeff flock digging into the p.r. fallout. rich edson, what jumped out to you? >> it appears she will be returning to discuss this very issue because she says she really did not have many substantive answers the questions lawmakers have been asking over the last couple of days. she had the same answer for the panel of experts today. they want no substance of what gm knew, when they knew it, if it was covering up any issues with this, whether or not as documents show if somebody testified in a court case to something that actually wasn't true or didn't happen tha

charlie gasparino just walked in the door. he will have everything on that. >> >> speaking of being afraid, massive security flaw that is taking over the internet. talking google, amazon, i can't ha, facebook and hackers being able to access everything. 100,000 doll lemon. attorney going after tesla. even when they say it is not it is always about money. >>> breaking news from the federal reserve. let's grow to peter barnes in washington with that. peter. >> melissa, the fed actually held two meetings in march to discuss changing its so guard forward guidance it might begin to raise short-term interest rates. the federal fund rate. the minutes show that in addition to their regular meeting in mid-march, fed members held a videoconference meeting on this issue on march fourth. the minutes show a lot of debate what the fed should do next on forward guidance. some of the doves wanted to keep quantitative easing guidelines numbers in the policy statement and signal a commitment to low interest rates if the fed did not hit its unem

we have charlie gasparino and scott martin. fox news contributor. guys, what do we think uncle carl got out of this? he got in at 53 bucks. has he made money? charlie what do you think? >> i think he made a few bucks on this thing. i think he made a broader point. he will take criticism on this he blinked. he is out. he didn't get what he wanted more than a few bucks. carl wanted some fundamental changes with the company including ebay. what i liked about this battle, maybe it is just me, everybody thinks there is inside game in wall street. that you know, the bad guys are running wall street. high frequency traders are screwing everybody, it is an insider's game? guess what? silicon valley sin cider game. i had no idea that marc andreessen, who is good guy, i'm not saying he did anything illegal, made a gazillion dollars wifing skype from ebay and in a deal he didn't take that much risk. carl did, went in there and look at silicon valley guys. they are holier than thou, they support barack obama. they think they're on the side of the angels. guess w

melissa: charlie gasparino, always breaking news. we appreciate it. thanks to all three of you. >>> the housing rebound that isn't. new evidence rising rates are taking the wind out of the recovery's sails before it even gets up to speed. >>> new yorkers are not exactly known for their patience but that is not stopping animal lovers from waiting for over an hour to get into the city's hottest new spot? what? we'll take you inside the first-ever cat cafe. yes. cat calf fav. more "money" coming up. ♪ i've always kept my eye on her... but with so much health care noise, i didn't always watch out for myself. with unitedhealthcare, i get personalized information and rewards for addressing my health risks. but she's still gonna give me a heart attack. that's health in numbers. unitedhealthcare. for $175 dollars a month? so our business can be on at&t's network yup. all five of you for $175. our clients need a lot of attention. there's unlimited talk and text. we're working deals all day. you get 10 gigabytes of data to share. what about expansion potential?

charlie gasparino with the very latest on one of the company's most high profile supporters, billionaireahn. ooh, what is it? charlie's coming up next. >>> and omaha, here we come. fox business, team buffett heading out tomorrow, and i'll be reporting from the berkshire hathaway annual shareholders' meeting weekend. i will, of course, be speaking with warren buffett himself, charlie munger, bill gates and some surprise guests. few people get this type of access, but you have it through us. just tweet me -- tweet, yeah -- and facebook me and use the hashtag ask liz. in turn, i'll is ask buffett, and you can get in on the conversation. tell me what you would love to ask warren buffett himself about investing, about companies, about anything. ♪ i ys say be thman with the plan but with less ergy, moodiness, i had to do something. i saw mdoctor. a blood test showed it was low testosterone, not age. we talked about axiron the onlynderarm low t treaent that can restore t vels to normal in about two weeks in most men. axiron is not for use in women or anyone younger than 18 or men with prostate

here now our very own charlie gasparino and "barron's" editor jock otter and barry levy. charlie, seems like almost every day this week we get to the hour and all of sudden it starts to head south. >> jamie dimon is blamed for unrest in the world including this market. i just want to get that out there i will score points with the administration. i will say this market is very highly correlated to financials. melissa: yes. >> hates bad news coming out of financials. i know wells fargo did pretty good today in their earnings. jamie dimon didn't. what the market tells us as the day goes on starting to pick up losses. the word next week about morgan stanley and goldman sachs and some of the other financials, if they underperform, this downdraft we're having in the market could turn into a 10% correction. melissa: jack what do you think. >> ily it also has an awful lot to do with the glamour stocks, twitters and facebooks and teslas that were doing so well. hey, if you will buy twitter 40 times future earnings, probably won't hit, why not own jpm at 11 or 12 times earnings? th

let me go to charlie gasparino. the fallout from michael lewis's new book flash boys might not be as bad as feared for high-frequency trading firms that charlie gasparino has what is developing. >> major breaking news from inside the multiple regulatory probes into high-frequency trading from major firms like citadel, they are all being asked, what is going on with these investigations by the fcc and new york attorney general's office, interesting stuff going on. these firms are saying they are not feeling these probes, they are not scared at least not yet. they have not received a subpoenas from the doj. eric holder investigating high-frequency trading, major firms we should point out have not received doj subpoenas. they have no contact with the fbi directly. who knows what they're looking at, they could be looking at the side players. let me get into that and bounces around. major firms, updated subpoenas, and the fcc had an ongoing investigation, some time in september, october. what they did, the sec updated th

here now is fox business's own charlie gasparino with breaking news. we have penn financial's matt mccall with us and scott martin from united advisors. charlie, i will throw it to you. >> virtue, the ipo that was pulled amid this hysteria/scandal. is now back. virtue founder vinnie viola is leaning toward doing an ipo. what i understand this is sources at virtue the tiling is uncertain but according to people who know vinnie this thing is likely, likely, can't say definitely, he wants to do it. he wants to do it in the coming weeks. we should point out you can't do an ipo without an ipo road show. the ipo road show date has not been set. they're playing with the timing. who knows what type of regulatory stufffthey're worried about. melissa: right. >> what people know, vinnie vie ol' last, former head of the nymex, head of virtue, his partner in this is silver lake. he is wanting to do it. he is leaning toward it. if i'm a beth man i bet he does it. melissa: you know silver lake wants to get it out there as well. >> we should point out one thing about v

liz: we want to thank dennis kelleher, joe, and, of course, charlie gasparino who will reach through nis' hand as well. >> bye, charlie. liz: you know regulation is coming, and you know as charlie's reported -- >> he is involved. liz: all right. we have 15 minutes before the closing bell rings. we'll find out how investors can field their portfolios for the long term. and, yes, charlie said jesus. could the oil industry be a profitable way for you to play a stronger economy it's a big industry, which part? we give you some names. and the markets may close at 4 p.m. eastern, but i'm always on call for you. head to foxbusiness.com/oncall. joe's signing up for it right now. delivered right to your smartphone including late-breaking news. ♪ ♪ i've always had to keep my eye on her... but i didn't always watch out for myself. with so much noise about health care, i tuned it all out. with unitedhealthcare, i get information that matters... my individual health profile, not random statistics. they even reward me for addressing my health risks. so i'm doing fine... but she's still gonna give m

here so gloat is charlie gasparino. >> why?issa: because you've never been a big fan of twitter as a stock. you love it as something to use and to harange people on. >> just to be fair, i'm not crazy about facebook and they're doing pretty good, as a stock. melissa: yes. >> here's what i would say, based on my reporting, i've been talking to a lost bankers lately, they believe this is bursting of a tech bubble. maybe not as bad as 2000have no- melissa: david einhorn -- >> irrational, irrational exuberance, very cheap money. you finally have a bursting of this stuff, twitter is not making money. a lot of these companies don't make money. people are coming down to, the valuations are starting to come down to some sort of reality. the scary thing, wall street is not saying this. the reason why wall street is not saying this, because they continue to do -- melissa: they want to keep doing ipos. they will not really talk about of the susan what is your opinion of twitter? >> i think that twitter is a momentum stock like wiley coyote

charlie gasparino is churning out the effort here to break stories on it. he's got them.her it's likely to work on behalf of ackman and what we can expect from herbalife's earnings report. and later this week, oh, yes, it's time for nebraska. i'm heading to omaha for the berkshire hathaway annual shareholders' meeting. i will, of course, be speaking with warren buffett himself, several of his top lieutenants and a couple of surprise guests. i'll be getting their thoughts on everything from coca-cola to benjamin moore to the greater economy. all kinds of companies. very few people, very few networks get the kind of access. you will get it through us here at fox business. do me a fave, you can tweet me or facebook me, just hughes the hash tag askliz, and you can tell me what you would like to ask warren buffett himself. if i choose your question, you'll be happy. ♪ ♪ ♪ liz: billionaire bill ackman doesn't seem to liker reporters here at fox business. [laughter] i don't think he likes me either, but -- [laughter] he used to. bill, what happened? now he's making sure that ver

here our very own charlie gasparino, "wall street journal" veronica dagher and financial consultant, doug flynn. this is all follo along the same theme where we have, the vanishing middle class, you're always hearing about that. 1% versus 99%. more worker up rise. there is the site over tellen wages. is all this helping the economy? >> well i will say this as someone who worked at ups when i was a kid. melissa: really? >> that was plant behind my house. melissa: like when you were nine or 10? >> i was like 17. melissa: yeah. >> we would have to unload huge trucks and back breaking work. the whole thing was to get that job and make your union book because these guys get paid very well. what is interesting about this, these are highly unionized jobs. where there's really strict rules when you work and when you don't work. and they paid pretty well for people that don't have college degrees. melissa: yeah. >> why they're walking off the job? there are other things you can do to protest unfair firing. melissa: is sort of the sentiment in this country right now and dialogue that we're hav

charlie gasparino has it. >> hft.ell the fox business network, virtu, this spectacle over michael lewis's book "flash boys" delayed the ipo for the near term. they can't sell the ipo as much as they want. they're delaying it for the near term. virtu's chairman still plans to bring the company public. he has not withdrawn the s-1. that is the official paperwork that announces an ipo. he still wants to bring it public. this is interesting quote from a person close to the company. vinnie might do the ipo in two eaks or six months. it all depends on the market. vincent viola still wants to do this. he wants to wait until the market improves. there was some speculation he pulled the ipo because of the investigation into high frequency trading by eric schneiderman, that virtu received a is in this investigation. we're told that virtu has not received a subpoena in this investigation. this is mostly related to valuations and, when the valuations come back i am told, vinnie viola, vinnie will come back with this april pope. t

liz: charlie gasparino? i want to read something there charlie brady, you can't have a rally without financials, and this year the group is leading the market lower, down 1.3%, almost twice as much as the broader s&p 500. there you go. unless financials turn around, this market is heading lower and probably a lot lower, and the clues will be in the next couple days when morgan stanley, when goldman and the other financials report. we'll see what their business outlook is like, we'll see what their -- if their business models are working in a post-dodd-frank environment. and then you'll get a clue of whether this thing is going to be, you know, we're down 2% and then.coming back or we're going to hit a correction where you will have to listen to some of the gentlemen on this panel said and places to be defensive, ie, run for cover. liz: but the breaking news right now, folks, slight comeback. i stress slight, but if you look at the markets at the moment, when we began this show, the he of the session for the

charlie gasparino. i saw him arguing with somebody in the hallway today. coming down to bring us exclusive details of what to expect from wall street earnings overall. and one of the biggest tv premieres of the year, but the play in "game of thrones" was nowhere to be seen on thousands of screens, maybe yours last night leaving many fans seething. if investors are seeing red as well. failure to load. weekdays are for rising to the challenge. they're the days to take care of business. when possibilities become reality. with centurylink as your trusted partner, our visionary cloud infrastructure and global broadband network free you to focus on what matters. with custom communications solutions and responsive, dedicated support, we constantly evolve to meet your needs. every day of the week. centurylink® your link to what's next. why relocating manufacturingpany to upstate new york? i tell people it's for the climate. the conditions in new york state are great for business. new york is ranked #2 in the nation for new private sector job creation. and now it's

charlie gasparino will join us with an exclusive. he is hearing about one of the most talked about ipos expected on wall street and it is not what the "wall street journal" is reporting. behind the wheel of the world's fastest car. the american success story, clocking in at a whopping 270 miles per hour and you can buy this markets may be closed but we're open for business. adam: is the streaming giant really a cable killer? here is jonas farris from max fund.com and jonathan hoenig from capitalist pig hedge fund. both are fox news contributors. jonathan, let me start with you. netflix stock plunged what, 20% the past month? is that indicator we're talking too much about people cutting the cord? >> netflix i wouldn't call it a cable killer, adam. it is a entertainment revolutionizer. apart from the stock, i can remember wasn't too long ago you had to the big pile of vhs tapes, wasting online at blockbuster to get entertainment. netflix changed the game. they're a threat not only traditional movie studios, the traditional movie studio

charlie gasparino bringing you exclusive details. and the battle of the blockbuster tv show.how do they fear their showdown with madmen? we will tell you what it means for investors and the two companies that run these shows, straight ahead. ♪ all stations come over to mission a for a final go. this is for real this time. step seven point two one two. verify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. liz: the herbalife and the billion or surrounding it, that soap opera continues. new york attorney general launched his probe into whether nutritional supplement maker herbalife is an illegal pyramid scheme after receiving tens of thousands of dollars from billionaire bill ackman who absolutely hates herbalife and really could reap huge profits if regular readers take action against the company because he is a huge short position he is currently losing on. >> basically all the stories of fbi prob

charlie gasparino says it is one more sign the new wall street is not about the banks anymore. y the acts of research analyst covering wall street, i think brad used to be a cfo at morgan stanley, one of the best analyst i have talked to about wall street. he came out with a report, came clearly under the radar screen. this is an event when a guy like this says wall street is no longer the bank, no longer the place where lending and trading and handing out credit is the place to be. you name it. wthey are doing with the wall street firms are doing and upside for growth is something like 30 to 50% greater than what you had. what he is saying is this, it is a fairly lengthy report. i have it on my desk. my producer will give it to you. she had to read this, this was her hallmark last night. what he is saying is if you want to put money into financials, forget about the traditional banks that even jamie dimon runs. they will see perpetually slower growth because of regulation and capital requirements and the fact they cannot trade. look at private equity. liz: they should not even

charlie gasparino you call this market a puke. the nasdaq is puking today. that is charlie graphic.hat is very him to say something like that. we're leaking at a dow down 144 points. we had a rough day friday, there is feeling, real loss of momentum. what do you think is going on, scott? >> well, listen, there are areas very sensitive, melissa. the pharmaceuticals, biotechs. there are places working out okay. ironically emerging markets which tend to be high beta areas which move a lot to the market and okay in europe and utilities and consumer staples. it is not all bad. think it is one of the tapes that feel a lot worse than it really is but we have to watch it, because if the areas i mentioned start rolling over we have a bigger problem. melissa: do you think they're not as bad as it is or is it worse. >> scott said people are rotating into the other names. pepsi and coke come back before earnings third week in april i'm getting a little concerned. melissa: what do you think? >> i think job growth has been modest at best. wages increasing. consumers want more for less. i agree wi

check out charlie gasparino. has a story all over the delay, the high frequency trading broker in the wake of the controversy over high-frequency trading start by michael lewis's book. charlie has been working the phones, working hard on this good friday, exclusive news and details on what is turning out to be the most rapidly developing story. forget about the food network, that is so old economy. there is a new kid in town, digital version of the food network, wants to steal the tv channel crowned by going mobile. we are talking to the co-founder. heavy seen space made? an escalating food fight. we are in the middle of it. a fox business exclusive live with the co-founder. wait till you see this. we asked people a question, how much money do you think you'll need when you retire? then we gave each person a ribbon to show how many years that amount might last. i was trying to, like, pull it a little further. [ woman ] got me to 70 years old. i'm going have to rethink this thing. it's hard to imagin how much we'l

we have charlie gasparino, and former bush economic policy director todd buchholz is here as well. even when they say it's not it is always about money. melissa: first we have breaking news about major cyber attacks on bank atm machines across the country. peter barnes is in washington. peter, how bad is this? >> melissa, the secret service is calling this a major cyberattack, that may incur quote, large dollar losses at banks, especially small and medium-sized one. a recent cyberattack on atms netted cyber crooks $40 million, using just 12 debit card accounts. state and federal regulators are warning, criminals are able to withdraw funds beyond the cash balance in customer accounts, or other atm control limits. they used stolen debit, prepaid or atm card account information. the crooks get into bank atm networks through employee emails to plant malicious software that obtains employee log-ins and accesses atm control panels. with the crooks can change settings to permit greater or unlimited cash disbursements and atm machines and change other fraud and security related controls. c

jared levy joins the panel along with scott martin and charlie gasparino. jared, what do you think about that? there was a lot of talk that the market was really holding its breath, looking for apple and looking for facebook for direction? we haven't seen a move ion those were very positive. why is that? >> first of all, let me say from a fundamental perspective i don't think apple or facebook are barometers of our economic data at all. what i do know is that apple is very heavily weighted in nasdaq and nasdaq, remember, sort of flirting with maybe being in bullish or bearish territory with 50 day moving average. i don't think traders just don't want to see the major players like apple and facebook. they want to see follow-through in stocks of russell 2000, the smaller companies. i think earnings look great. i think it helps. but i don't think this carries the tide. that's why you're seeing it. melissa: scott, do you agree? >> i don't know. partly i get the fundamental argument, melissa but if you look at the tape at least over the last few quarters, jared

charlie gasparino and the mystery analyst joining us exclusively next. and celebrity chef tells us how he is helping americans move compound bad day. he used to be heavy himself but knows what he is talking about and people in the greenroom my saying healthy food is more expensive and he says how expensive is diabetes? he has some lines to come at you. he is supersuccessful with all of them. i've always had to keep my eye on her... but i didn't always watch out for myself. with so much noise about health care, i tuned it all out. with unitedhealthcare, i get information that matters... my individual health profile, not random statistics. they even reward me for addressing my health risks. so i'm doing fine... but she's still gonna give me a heart attack. innovations that work for you. that's health in numbers. unitedhealthcare. i'm taking off, but, uh, don't worry. i'm gonna leave the tv on for you. and if anything happens, don't forget about the new xfinity my account app. you can troubleshoot technical issues here. if you make an appointment, you can c

charlie gasparino here with the details.would hate that. >> one of the things that larry fink and his management really fear right now, and i can tell you it's not just him, it's others, is the fact that -- is the possibility, and it's growing in washington, that they may be linked in with the big banks and financial institutions and designated systemically important financial institutions, also known as sifis. what does this mean? the minute that happens, you come under all these regulations from dodd-frank, plus additional regulation from the fed. extremely costly, and it basically prevents you from growing, you know? this is the whole thing. as you know, there's all these capital requirements coming out on these sifis, today they were passed. blackrock wouldn't pause exactly the same, but a lot more capital. why is this going on? we should point out it's coming mainly from the treasury department. the treasury department really believes that firms like blackrock, if they should face significant pressure, have some big iss

i have to say a couple months ago, charlie gasparino says, watch out they're laying off bond desk tradersbecause we have very sluggish bondland at the moment or something else at work hitting financials so hard? >> well certainly the thick trading environment is very poor but it is not the only challenge. the loan growth environment in the first quarter was much weaker than we saw in the fourth quarter. a little bit of that is seasonal but some is just, with sort of a lack of economic momentum. we're announcing a pickup in demand. liz: to see that swing more than 26% growth to the next quarter, negative 24.6%, i mean it has got to be, something is going wrong here and it is a little alarming considering we've seen a slight housing slowdown after getting some hope last year? >> yeah, so that is another contributor certainly. so you have got the loan growth issue. a capital markets issue. of course you ever the mortgage issue which is that while rates are more or less flat from the beginning of the quarter, they're actually up very significantly from last year. so you know, purchase applica

charlie gasparino, called the company and found out that guess what?bpoenas over at herbalife. so they are unaware of any official or not official investigation. now we are hearing from a senior law enforcement source that the fbi has looked at herbalife for several months now but has not found anything. according to charlie fast, who has spoken to a senior law enforcement source, nothing has been turned up by the fbi so far. so they have not launched anything. they have been sniffing around but no substantial case to be made by the fbi as of now. still the stock getting crushed today, david. david: wonder where bill ackman is today? >>> electric guitar legend, jimi hendrix is still bringing in big bucks. there is new movie expected out next in couple months. lee hawkins, celebrity business reporter from "wall street journal" sat down with his sister, janeey hendrix. you're in vegas because of pacquiao fight. we'll talk about that in a minute. this is a great book when liz got me at rock 'n' roll convention. liz: got it free for christmas. david: thoug

liz: charlie gasparino exclusively on fox business. the closing bell ringing.oyota recalling 6 million vehicles, a major new setback the auto industry. we will take a look at if the best offense is defense. and the oracle of omaha finds a new fight, this time it is in his backyard. he comments to fox business about it. my dad has aor afib.brillation, he has the most common kind... ...it's not caused by a heart valve problem. dad, it says your afib puts you at 5 times greater risk of a stroke. that's why i take my warfarin every day. but it looks like maybe we should ask your doctor about pradaxa. in a clinical trial, pradaxa® (dabigatran etexilate mesylate)... ...was proven superior to warfarin at reducing the risk of stroke. and unlike warfarin, with no regular blood tests or dietary restrictions. hey thanks for calling my doctor. sure. pradaxa is not for people with artificial heart valves. don't stop taking pradaxa without talking to your doctor. stopping increases your risk of stroke. ask your doctor if you need to stop pradaxa before surgery or a medical o

we have charlie gasparino and "wall street journal's" james freeman. a lot of fed stiff going on. this had a big impact on the market. what did you guys here that stood out to you? >> the economy is continuing to grow not we like, not reagan growth or clinton growth but pulling out of the winter. i don't know why janet yellen feels comfortable to say, okay, the money-printing era is ending. melissa: the quote from the economic conference saying normal employment is more than two years away. shows you how far we have to go. >> we should point out normal economic cycles, recoveries last about seven years. if you say at the bottom of the market or bottom of the recession was sometime in early to mid 2009, we're in, we're, at that point where we're hitting end of that cycle and the economy has not improved that much. i don't know -- melissa: are you saying we're way behind where we should be? >> what else do you have going for you if you have weak economic recovery and end of economic cycle but printing of money? melissa: peter, go ahead. >> there was nothing in fed chair yellen's spe

here our very own charlie gasparino, "barron's" senior editor jack hough and financial advisor jeremy hill. thank you all three for joining us. is it a coincidence that the market started to geoff nervous and see them grow down and when everybody started talking about high frequency trading. anyone? >> i don't think it is at all. if you look what happened to nasdaq volume last couple weeks it is up 18%. i think it has nothing to do with high frequency trading. i think what is happening the u.s. equity markets are trying to parallel park between tight expectations of economic growth and also in the face of fed tapering and probably not very robust earnings season going forward. melissa: jack what do you think. >> dot-coms and biotech brokers got slammed. dot-com and biotechs are way no too expensive. investors are playing musical chairs and they know it and brokers because of high frequency trading. >> i don't, let's be honest here. the small investor has been out of this market for a long time. this is mainly a market of traders and high frequency traders. i think it is unrelated to w

here now, fox business's own charlie gasparino and elizabeth macdonald and "barron's" senior editor jackough. what do you think about this? sort of leading man, headline ceo that was there, jack welch. >> jack's successor. melissa: are the big headline guys, is that day over? >> well, let's point out his 20-year alleged tenure he is supposed to have was always kind of squishy. they were always dancing around whether he would be there for 20 years. they were never, they never said specifically he will definitely be there 20 years. i spoke to jamie dimon about this sort of issue, whether ceos get burnt out faster, given everything else that is going on? melissa: yeah. >> i think this is latest line. this is symptom going on for a long time. average lifespan after ceo has been cut dramatically for a lot of reasons, inincluding the fact if you run a big coopany, you have government on your back 24 hours a day. >> to charlie's point, i saw one study average term is five or seven years. melissa: is turnover good. >> ge is now at 25. same when jack welch stepped down in 2001. it was hovering ar

charlie gasparino. brian sozzi and james frischling. what did you think of the guest that came on? >> i thought she was, listen, there is obviously an issue in this country where upper 1% is making a lot of money in the obama economy. melissa: right. >> rich people can invest in the stock market and following the financial crisis there are less well-paying jobs being produced. melissa: that's a fact. >> disparity is definitely a fact. but what she is doing, she wants to make a bad situation even worse. i mean, there is, there is not a general consensus among economists that if you raise the minimum wage nothing is going to happen. the general consensus is, you will lose jobs. that is general consensus. that is mainstream economists. we should point out something else. maybe the most powerful, 10th most powerful lobbying group, restaurant association, but number unis mr. obama's friend, seiu and government workers. don't maund, t the most powerf international. emprst one of the things she is talking about, that we are talking about in this segment, there are many more people who are

charlie gasparino is waiting for invite. >>> a movie won't be released until new justice league movieeased in 2018. david: that is long time. what about investing in pro football player? liz: for the first time ever you will be able to buy an sell shares of 49ers tight end bern none daves. we have the cofounder and ceo of fan tech, the company behind this offering. -- vernon davis. i remember when you first announced you would do this. my first thought, how is this going to work. explain to our viewers how it does. >> first the you know lying security is linked to cash flow by the brand of generated by pro bowl vernon davis. future and current nfl playing contracts and endorsements and appearance fees. importantly post-career, should he become a broadcaster or talk show host the value is linked that to that revenue stream. david: the big, how do you discount the chance of injuries? >> sure. so, we absolutely, injury is a risk we take into consideration with the discount rate. so, when we look at, say, his future nfl contract that he hasn't signed yet but we estimate, he has the potent

charlie gasparino and i are insane. we're constantly tweeting but use it as promotion.ing any money off us. >> that's right. people like you who are fueling twitter's survival. we're making it survive because celebrities on there and everyone wants to listen to celebrities. it is awesome in that respect but you can't justify the $20 billion plus market cap. that is where the problem is. adam: vivek, i was here when you made the prediction about twitter. good to have you back seeing you accurate. we do want twitter, we like positive business models. >> i'm active on twitter. use it all the time like you do. liz: i follow you, very connect, thanks. adam: all the best could you. >> all the best. liz: call it the sleeping giant of tech that is waking up. a turn-around story that many investors, many of you out there have overlooked. coming up we tell you whether you should be jumping into sleeping giant's stock right now. adam: i tweeted about this earlier. it is sleek, it is sexy, not talking about liz claman. can you accelerate from 0 to 60 in three seconds? liz can't. we

charlie gasparino has something to say about it. even when they say it's not it is always about money. cheryl: buckle up, everybody, it will be a bumpy ride. as automaker recalls an additional 1.5 million vehicles what can officials say to rectify what has become a deadly problem? here with me, auto pacific vice president ed kim, former federal prosecutor, fred tecce and fox business's rich edson. rich, we want to know first what she will say thanks to you. if viewers watch fox business we knew what the statement would be. walk us through initially what she will say here, rich? >> she will say basically gm is still undergoing an investigation why they missed warning signs or proceed with a recall or fixes early on with this. these are two different companies. both are called gm but the old company is the shell that remains from the bankruptcy that happened back in 2008 and 2009. so we're dealing with two different companies. dealing with different leadership here. even show she is ceo of the new company. she apologized as she met wi

charlie gasparino reporting that gm's board has lawyered up.ith us now, kelly blue book senior analyst carl brower and trial attorney david stone who has a ton of experience in big corporate litigation like this. thank you both for being here. what we've been hearing more and more now is this criminal accountability. and senator claire mccaskill was all over the airwaves this weekend, but basically she wants this to be criminal. take a listen. >> you know, we have the citizens united case which our supreme court said corporations were people. that was hard for some of us to kind of get our arms around, but if, in fact, they are people, then there needs to be some criminal accountability depending on what the facts of the investigation show. i know justice department is taking a hard look at all of this including the bankruptcy filing. tracy: all right, carl, i want to talk to you first because now the big issue is about the part and the skew number on the parking lot, right in so the part was defective, they fixed it, but they didn't change the

we have charlie gasparino, senior correspondent for fox business. charlie, walk us through this, if you will. what is it really telling us about the middle class in this country and other countries? >> reporter: we should point out this is a trend that has been going on a long time. the middle class has been shrinking, over the last 20 years unfortunately, rich people gotten richer thanks to the stock market. poor people have grown. middle class is caught in the middle. it is really a matter of global economics. the problem is the prescriptions being used to deal with this, higher taxes on the wealthy, making small businesses pay higher taxes is actually counter productive to the middle class. the middle class, my dad was a bartender. he worked in a restaurant. i talk to restaurateurs all the time. because of high taxes and all the regulations it is very hard to keep people at work. those are jobs. those bartending jobs that pay decently are the bridges from the middle class to a better living for your children where they, you can put them through co