dennis kneale has the story. i used to go to the l.a. rams way back in the day and then the raiders. pathetic that l a doesn't have a football team but dennis kneale telling us larry ellison maybe our favorite. >> 1995. bill clinton was president, seinfeld was top-rated tv show and that was the last time the city of l.a. could claim an nfl team of its own. bill haas not one team that two. the raiders and the other team -- lost my place -- the rams. now larry ellison talking about buying the sports teams and then use owned by -- a move by alison to bring an nfl franchise back to los angeles and a stake in the l.a. lakers and in the n.b.a. he owns hockey teams, soccer's galaxy, 100 venues and the word is a line up like crazy now that he wants to sell. real-estate holdings, a key assets, so who might other bidders be? you have the biotech billionaire, a controversial figure is interested and made the honor of the vancouver canucks who said he might be a possible bidder cannot and ron burke who was kind enough to respond when we were texting

dennis kneale has that's next. tracy: and one company wants to make charging your electric car as fast as filling up your gas tank. look at jeff flock, yesterday on the treadmill, today in an electric car. >> i am on electric power. what if you could charge this electric car, the nissan leaf, just as quickly as you fill up at the gas pump? well, you can. the problem is that technology does not work with the chevy volt. why that is the case. an electric pump. stay tuned. >> i am robert gray with your fox business brief. the selloff on wall street continues at the federal reserve latest assessment of the u.s. economy. most regions across the country showed moderate growth since the last survey. investors are snapping up shares of the children's play landing a deal with wal-mart to have the products sold in stores this holiday season. and the banking giant ceo jamie dimon says it has lost up to $10 billion in their related litigation and write-downs. now they're facing a civil lawsuit from the new york attorney genera

dennis kneale on that story straight ahead. >> i spent a lot of time there.nd somebody else of the hawaiian island as well. so funny today. and to make a billionaire happy these days. let's get a check of the market as we do every 15 minutes. lauren simonetti is joined by a special guest. >> i will get into my alliance. since the dow turned positive. we are going to break a four day losing streak -- >> you just hit it. we are negative again. >> trying to be an optimistic four years and that is not working for you. >> the market is a tough place to work and they have doubled since 2009. whatever you have got, these distortions in the marketplace for other political -- it is not been the volume that we need to see. >> you are worried about the industrials. all reporting they will be indicative of the global slowdown. >> caterpillar for one telegraphed what was going to happen a couple weeks ago. they have worn down and we are seeing them. alcoa's earnings, we did not expect them to be great but the real shocker was when they reported tuesday. commons makes trac

we have got peter barnes, adam shapiro, and we have dennis kneale. let's start with peter barnes on the ruling on affirmative action in college admission. what is the latest? >> just arguments in a very important case. university of texas admits about three quarter of the students in a colorblind process. is there any top 10% of their high school class, they're automatically admitted to the university regardless of race. the other quarter are admitted in a separate process including race as one of about a dozen factors. the supreme court has allowed institutions to use race as a factor in admissions but only if the consideration is narrowly targeted, a legal term, to meet a compelling government interest in creating a diverse student body, diversity that can enrich the student body. all good stuff, right? a white students denied admission in 2008 sued the university saying it's process was not tailored narrowly enough that it created reverse discrimination denied her equal protection under the constitution. the university says the process is narrow e

david: dennis kneale is here to fill us in. we're talking pretty big hollywood names, right?film, falling for you, is marketing placement dream. stars kristin bell and show time's house of lies and icon photos of the products she uses and clothes she wear pop up in the right hand margin as you watch video. click on them and facebook friends and pinterest pals know you like the sweater and shower curtain and cosmetics and you can even order the stuff online. that is a key. that is dream of marketers a decade since the web burst forward. target shill as 100 different products in the film short. it can be used to spark bigger sales. to add buzz to the related ad campaign. first episode debuted today, only on target.com. it runs all of three minutes long which is more than enough for online video. kirsten bell plays a target marketing manager pushing her idea for a fall fashion event and competing with her new love interest also a target employee. while he thinks they just met she hints they shared something in the past that he doesn't remember it. actually pretty good. i got to

dennis kneale covering the story.> let's not forget that. >> union are doing very well but not so well for newspapers. 700 employees walked off the job. they are protesting the hard-line. the walkout was more around the block. it is awkward for management that one of the most pro union papers in the country. labor, so long as it declines in the private sector is losing clout and unable to withstand the unfettered bank accounts of industry but the old gray lady union members see a different faith in their contracts. is expired year ago. they lost $90 million last quarter. stock price down 50%. pension benefits and health coverage and overtime. the unions want increase in the same areas which make me thinks there's no tactic possible in a state of denial. the times want this wrapped up by year end but they are digging in their heels. time's dissident workers have a web site and two weeks ago they put up a warning letter aimed at management and it reads, quote, 18 months after our contract expired we stand at the thresho

dennis kneale looks at brand armstrong or what's left of it. that is next.id: the richest person of all time, find out who it is and how much money it takes to top that list coming next. [ male announcer ] how do you turn 30-million artifacts... ♪ into a high-tech masterpiece? whatever your business challenge, dell has the technology and services to help you solve it. liz: people are wondering if this were to happen. nike dropping former pro cyclist, lance armstrong as a sponsor, the same day he steps down from the cancer fighting charity, livestrong. david: dennis kneale on the story of lance armstrong's extraordinary fall from grace. dennis. >> dennis lance armstrong has taken a nasty tumble from his bike. america likes a comeback but despise as unrepentant liar. nike terminated his contract and basically called him a liar. radioshack followed it. later today, anheuser-busch said it will kill his contract at year-end. nike put it particularly bluntly, saying quote, due to the seemingly insurmountable evidence that lance armstrong participated in doping and

dennis: hello, i am dennis kneale. cheryl: i am cheryl casone. ig drop in the unemployment rate under 8%. we have reaction from wall street, the campaign trail and of course main street. dennis: ge jack welch on twitter send the jobs numbers don't add up and he ties it to the rough performance in the debate. cheryl: you won't leave how much california drivers are paying to fill up their tanks. that and more coming up in the west coast minute. top of the hour, stocks every 15 minutes, we have nicole petallides on the floor of the new york stock exchange. stocks are heading higher, wall street reacted to the jobs numbers, what is it saying? nicole: it is pretty unbelievable. anybody who heard these jobs numbers were taken aback, a huge surprise to the upside. it really set the tone for today, move things to the upside and the dow with the small move of 56 points actually hit highs we have not seen since december 2007, and so many names on the dow have hit 52-week highs, so let's look at the numbers. verizon, general electric, wal-mart, ibm, just a f

cheryl: and i'm going to be dennis kneale.hour and stocks every 15 minutes and all right, stocks now, stocks yesterday. stocks moving into the close, this is not a good day, nicole. >> i did see the masks, nothing to say about it yet. let's look here what's going on with the markets, and we're selling off across the board and tax onto the losses, we saw significant losses on friday where the dow was down 205 points today. and down 228 as we speak, the down volume, the vix, the u.s. dollar that's been strong and s&p is down 1 1/2%. let's take a look at names that are dragging on the s&p 500, which includes monster energy drinks and that was and been down significantly and they're probing five debts that may or may not be related to monster, says there's no relation at all. however, other people contend otherwise, other names such as dupont, also giving a look and xerox out with the numbers. so, earnings are driving this market to the down side, dennis and cheryl. >> all right, thank you very much, nicole. and charlie gasparino

dennis: i am dennis kneale. cheryl: i am cheryl casone. numbers out of the labor department this morning. the big problem is fuzzy math. perhaps jack welch was rht. dennis: and will paul ryan be takinable to take on joe biden tonight? cheryl: sprint is in play, way up that it may be bought by a japanese company. how are you going to play it? coming up. as we look at the market, the dow higher by 23 points, it did market day, nicole petallides standing by on the floor of the new york stock exchange. we have it all. nicole: the dow up 24 points, but i wanted to start off by talking about sprint in particular because earlier this morning we were talking about the sprint story that a japanese company was in discussions with sprint in talks to buy a majority stake in sprint. turns out over the last hour sprint has confirmed those talks, so we have seen the news. also talking not only in discussions, but also that it may change who is in charge. there is the stock up 15% on a day where we have up arrows across the board after three straight days

dennis kneale will cover the story next. romney in final preparations for tonight's critical debate. romney adviser and ceo our special guest. interesting to hear what he has to say. not a huge fan -- ashley: we will find the impact it will have. it is 30 past the hour. let's check the markets every 15 minutes. nicole petallides on the floor of the nyse. nicole: he bliss is great at looking at the markets. what are we looking at back-and-forth? which way are we going? >> don't really know. we knew it would be a job recession. global macro data was not great offset by -- the data was okay. worst of all the clothes. look at the other data and the employment picture is down so even though orders are up, is not good for long-term prospects. nicole: when we look at the consolidation that is unchanged, what you waiting for? waiting for the jobs report friday and how can investors play a market like this? >> interesting question. from the retail perspective you will only go around the margins. you have to remember from an overall p

let's get to dennis kneale. nnis: it started out as a particularly bitter fight between a carrier and a channel, but now that it is over, it seems like the settlement is good for everyone. amc and its series walking dead back on dish last night. settling 2.5 billion dollars lawsuit against dish for 700 million dollars in cash. now dish will pay that sum this week. and amc will split it 50/50 with its former parent cablevision. dish had yanked amc off the air at the end of june citing the price dispute. amc said it was in retaliation for a lawsuit on separate matter. look here, stocks of all three companies trading up to 52 week highs today. dish stock up 2.2%. last time i checked a few minutes ago. and it's agreed to pay 30% price increase to amc. amc stock up over 3% today. and cablevision has been trading flat all day but up over the 52 week high earlier. so kind of good news for all three. you don't see that. there's only a winner and only a loser. liz? liz: these battles get epic and are fascinating. love to

dennis kneale up stairs crunching some numbers for us.shley: plus exclusive look inside the remaking of the luxury classic lincoln. jeff flock has a preview. jeff: you are looking at something extraordinary, something you never see. this is how cars are created. an exclusive live look, live cameras for the first time inside the lincoln designed studio, dearborn, michigan. you really want to stay tuned to see this. stay tuned. [ male announcer ] this is joe woods' first day of work. and his new boss told him twongs -- cook what you love, and save your money. joe doesn't know it yet, but he'll wk his way up from busser to waiter to chef before opening a restaurant specializing in fish and me from the great northwest. he'll start investing early, he'll find some good people to help guide him, nd he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. >> i'm lori rothman with your fox business brief. an unexpected early release from google weighing on the nasdaq and

dennis: i am dennis kneale with your fox business brief.our race to succeed john chambers handing promotions to key insiders late today. gary more will be president and chief operating officer of the company and worldwide sales chief rob lloyd will be the president of sales and development. john chambers will stay in the job for two to four more years. charles schwab and td ameritrade shutting down business in europe. reuters reports saying schwab will close its options on november 30th and ameritrade closing operations in italy and belgium. stocks in a buoyant mood as traders debate up on better than expected jobs numbers and jobless claims out this morning. and some say it was a romney it romped. that is the latest from the fox business network giving you the power to prosper. dave: ohio ranks fourth in job creation with a lower unemployment rate than the national average. liz claman got a chance to sit down with a man making it happen. >> he gives credit to a lot of the mayor's both republican and democrat and this is governor john kasic

we are joined with julie baginski and our own dennis kneale. thank you for coming on, guys.tart of the giant game last night. it was delayed because the fan ii running across the field with the romney-ryan sign. i think they said something about a statement on a woman's right to choose, obviously, got people's attention. we are talking about it. i cat we people do things like this. what do you think? >> you know, any time th for cops brandishing pistols to matthew, i'm so glad we didn't have a mass shooting, more than a billion dollars being spent o presidential ads. >> i think about this guy, he was confused about romney's position on abortion. [laughter] melissa: and companies are using the election, not surprisingly, to try to make some dough, like pizza hut. which is offering free pizza for life to anyone who asks mitt romney and president obama they prefer pepperoni or sausage on their pizza. that is a 520-dollar gift card per year. >> you have michele obama beating barack obama up, and who knows about ann romney. [laughter] >> i think the answer to pepperoni or sausage

dennis: dennis kneale. tracy: dying to see my cellphone. e have two -- two divergent views for what is coming. we'd report and you decide. tracy: the american airlines round eight planes. stuart varney is here to ask us the question of our american's union problems and why would anyone slam the airline because of that? dennis: you had to get your company to e-mail personal-and hear what our guest has to say about how vulnerable that lead you to employer snooping. tracy: bad enough there's parental snooping. nicole petallides on the floor of the stock exchange. down 70 points. what happened? >> we have seen retailers and banks and the auto numbers. utilities are lower and let's take a look. the nasdaq and the s&p. we see accelerated selling and resale of yesterday's gains of 75 points and now we are down 80. the nasdaq is down 0.1% and the s&p down 1/4% and telecom with folks taking a look at metro pc yes with a new 52 week high and a $40 stock in 2007. it is jumping today. have we -- jumping. it takeover target and sprint selling off. back t

dennis kneale joins us now.s sesame street big bird thanks to this right here. >> i'm sorry, jim. i'm going to stop providing to pbs. i like big bird. >> that blew away the democratic convention. bush had nine and a half million messages over three days. and after romney made that one-liner, the phrase big bird got 17,000 times per minute. pbs at 10,000 times per minute. big bird shot up to the fourth most term on google. trading worldwide, new twitter account open, but how insightful was the tweet talking to distract the substance of the debate? i love big bird they stop pbs. the tragedy of mitt romney as he knows people kill everything she loves. the big cnn came up with this, breaking, big bird two campaign, he would put big bird on the chopping block. sesame workshop putting up this statement. in nonpartisan non-prophet organization. we're happy we can all agree that everyone likes big bird. tracy: i love big bird. ashley: time for stocks as we do every 15 minutes, let's go down to the floor the nyse. and ni

dennis: and i am dennis kneale. greatest percentage drop of the doll ever, could it happen again? you cannot afford to miss our crash debate coming up. sandra: and the focus of today's debate this segment our series leading up to election day. dennis: if you want to dress up as big bird because of mitt romney's new remark, to cost you big bucks to do with. sandra: stocks every 15 minutes, nicole petallides on the floor of the new york stock exchange. mccall, it is not black friday but it is not green friday either. nicole: the dow jones industrials down 147 points in that into percentage terms just over 1%. the tech heavy nasdaq under pressure since yesterday we heard from the google network. here's a look at the nasdaq composite down 1.7%, seeing some thought rated selling. all was down arrows. the vix has an up arrow. yesterday at 12:30 we got those numbers inadvertently and was halted. here's a look at where it is haltintrading right now. about where it opened after it reopened 3:20 p.m. well it recovered some, i

dennis kneale is here covering that story. as sipping electric cars so big that they now resort to pitching them on the home shopping channel? here is a rather high-priced pitch for hsn. toyota is taking over agent said yesterday airing three one hour programs. toyota's hybrid models start at $20,000 go up to 50,000. three hours of programming to sell me on the benefits of hybrids. if you cannot do it in a 32nd tv spot, you have a problem. state law not allowed to bypass local dealers and sell direct. the tv shows yesterday at work product demos. toyota says that after just that first hour on air, a cut as many requests for follow-up information as it expected to get all day long. hsn may offer a new way for carmakers to go after customers. these women, two thirds of new car purchases. hsn, 90% of the audience is women. average income is $60,000. this is the first time that hsn has ever run a show showing new we will know pretty soon whether the approach worked for toyota. tracy: i think it is a good idea. if you are willing to

♪ dennis: i am dennis kneale. cheryl: i am cheryl casone. joins us live with what the candidates need to do now. cheryl: living up to election day. it focuses this hour on which candidate has the winning tax strategy. gas prices dropping as election day gets closer. dennis: the walking dead. dish network and amcs settled their high-profile fight. who won, who lost, coming up. stocks now every 15 minutes. the dow is back down. nicole: we manage to squeeze out gains. friday was a tough day on wall street. we were down over 200 points. companies giving outlooks that are somewhat weak. names like caterpillar, ge, microsoft, intel, ibm, they have all been somewhat of a disappointment. we are seeing the dow down just a 10% today. let's take a look at peabody energy. we will turn right over to the call center. they are doing so well. one of the reasons why we are seeing it jump, they did top prior guidance. they are expecting growth in china and europe. it is up almost 12%. article, a natural, up with it. cheryl: polls are tightening hiding in tonig

dennis: i am dennis kneale. uncertainty about the approaching election and the fiscal cliff, the dow near its all-time high. where should you put your money? our debate is coming right up. cheryl: we are seeing love for southwest airlines from investors. stock as of despite the profit falling short. i will go 1-on-1 with chairman and ceo gary kelly to see what he is doing to fix it. dennis: after an easy year run newsweek magazine making a major change. cheryl: coming up on the top of the hour. stocks every 15 minutes with nicole petallides on the floor of the stock exchange. big jobless claim number coming in. we were looking for those numbers as we change direction today. nicole: some of the traders seemed baffled by the weekly jobless claim is, looking at jump wheat -- monthly jobless claims numbers we got recently and wondering where the correlation is or isn't so we did see a jump in jobless claims this week and that set the town as it rose more than forecast. let's look at the dow and the s&p with up arrow

dennis kneale joins us now. >> microsoft mounting a major music attack on apple's itunes.t upstart service, pandora shares getting hurt worse early on. down 3% last time i checked today on that news. most directly affected. apple down a little bit as well in an up market. that stock has been weak lately. why the worry? microsoft has been a failure in music since launching the zune player. that's why microsoft is launching this music mission under x-box leaving the zune to die alone. it is going to start on the x-box tomorrow, be available two weeks later in its new windows 8 upgrade. so you are talking millions and millions of laptops as well as tablet computers when those come out. let's see what else we have on this. microsoft will be extending this into windows 8 systems, laptops, the new tablet, the surface that microsoft is coming out with, and it wants to let you kind of look at play lists. if you will listen to ads, it will give you the service free. 30 million songs. if you will pay them 10 bucks a month, you can get it all free without listening to ads. >> all i h

dennis kneale joining us. nnis: google ceo larry page got his voice back after four months of self-imposed silence due to a condition neither he nor the company will reveal. now, the medical mystery though deepened yesterday when analysts heard him speak in a raspy breathy weary whisper about the earnings flop that whacked 20 billion dollars if google's market value yesterday. give a listen. >> as you can hear my voice, my voice is still hoarse. i will keep my remarks reasonably short. i'm sorry for the scramble earlier today. >> sounds almost like an automated voice app. it is a little chilling to hear a year after the death of steve jobs who held key details of his bout with cancer with investors. we still don't know how benign or serious larry page's problem is. a delicate balance between ceo's right to privacy and investors right to know, showed up big-time in apple case. jobs and apple withheld pertinent details even after his cancer returned and he had to take a leave, he said it was because of a quote ho

dennis kneale covering the story. zynga does draw something. i had an e-mail saying come back. opped playing. dennis: a $90 million loss. part of the -- problem is zynga is getting zapped today. shares down almost 20% today after the maker of farm bill reducing the forecast. down over 2%. zynga camps provide 40% of facebook revenues. zynga lowered its top full year forecast on revenue to 1.1 billion. introduce profit prediction by 45%. caught between two crunch points. it has to navigate the shift from laptop to tablet and smart phone games. 84 million users. this year 26 million. now down to 20 million. look at the quarter to quarter revenue. they are falling. mafia wars down 31%. city bill down 24%. zynga also hurt by a plot of this family spinoff. it also think writing off almost half of the deal. facebook, the zynga zinger raises the question. watch the pressure on that stock. ashley: i love it. tracy: my daughter said, thankfully, we will be sick of these games in a week anyway. do not buy them. ashley: they are only like a dollar. tracy: i do not buy them. ashley: attentio

dennis kneale is covering the story. he joins us now. dennis: party on.l become employees of mickey mouse and disney. the first of three new star wars films episodes seven is set for release in 2015. the $4 billion price tag will be paid to the sole owner. star wars creator george lucas. build that. lucas will get the stock. star wars attraction already are at disney theme parks. a franchise that has generated over $20 billion in various revenues, 4.6 revenue and theater ticket sales, disney says the three most recent films would have brought in 1.5 billion aps at today's box office. 2 billion in videogame sales. 9 billion in 20 sales. it could be a cover for disney ceo. the biggest opening of all time was "the avengers." disney managed to unlock billions of dollars of extra value from those films. looking to do the same thing with star wars. ashley: thank you so much. good stuff. cheryl: was to send it back to sandra smith in the pits of the cme. with all these refinery outages, it seems like we are starting to get back online. sandra: it is still one of

. >> hello i'm dennis kneale. cheryl: hello everybody i'm cheryl casone. th the shock of the day, ousted as citigroup chief. charlie gasparino reporting exclusively. we are covering this story throughout the hour. dennis: three weeks to go before election day and both agree tonight it is make-or-break this debate for president obama. neil cavuto joins us for the site of the debate. cheryl: homebuilder confidence rising for the sixth straight month. the ceo of the national association of homebuilders is here with new numbers on the improving housing picture. but of course right now it is a busy day in the markets. top of the hour, stocks now every 15 minutes. we have nicole petallides on the floor of the new york stock exchange. besides the shock of vikram pandit's departure, really the overall market having a heck of a day here nicole. nicole: great day on wall street so far. the dow jones industrials up 121 points right now. certainly a stellar day with momentum to the upside. most of the dow components of the 30, 27 have been in the green. 5 of which are

i am dennis kneale. cheryl: i am cheryl casone. frankenstein storm, meteorologist giving sandia a 70% chance of stalking the northeast. you can invest in stocks if these predictions come true. dennis: the most expensive campaign ever. the battle for the white house topping $2 billion. candidate good at raising money for themselves but which guy has the best fit for the economy? debate this in moments. cheryl: apple could be its own worst enemy. rumors of new products being blamed for customer reluctance to buy the current crop of ipads. we will talk about that. it is the top of the hour. stocks every 15 minutes. we have nicole petallides on the floor of the stock exchange. what is on your radar? nicole: trying to give you the mood of the market, seeing down arrows, profits down half -- 1/2%. the arrows remain to the downside not only today but for the week. we have been selling. watching apple very closely at of the holiday season but after quarterly report which were disappointing we saw the missing numbers and outlooks. and the s

. >> i'm dennis kneale. >> i'm cheryl casone at the bernanke factor. ency and the cheap money for the market? doing pretty good up until today. our series leading up to election day. dennis: and credit card safety or maybe fraud. pentax hacked at barnes and noble. if others were also hit. cheryl: and facebook shares are soaring a city and other analysts actually put hi a stamf approval on the stock. we'll be watching a social network center for you overall during the hour. this hour of "markets now." dennis: nicole petallides on the floor of the new york stock exchange. they are still reeling from yesterday's slaughter. nicole: that is true. yesterday we saw selling across-the-board, the dow over 240 points. we have had a tough three days on wall street. let's take a look at how we are faring right now. losing any steam it had earlier in the day, just a fractional gain not even one-tenth of 1%. the tech heavy nasdaq, there is a look at the s&p 500 to the downside depending it drop. the real winner, look at facebook getting a big pop on the quarterly rep

dennis: happy friday, i am dennis kneale. cheryl: i am cheryl casone. we have a guest who says it doesn't matter. all about the presidential candidates. and another guest, plus neil cavuto, we will have his take on where we go from here. dennis: did you know maybe smaller is better? why owners are reselling their ipad in anticipation of the new mini model due in weeks. cheryl: jpmorgan chase turning in record profits. it is time to get back? dennis: and lauren simonetti in foreign equality for the new york stock exchange. we are up 70 points on the dial, and now back on the red. lauren: i am the jinx. that sentiment, that consumer sentiment seems to be wearing off so we have red arrows across the board. banks and financial selling off, we also have energy down, oil down, gold down, really into what we have had all week, this is the worst week in four months. reported a profit rise but missed expectations di. that is what the street wanted to hear. surging more than 7% right now. getting a boost to some other names in the boost in the sector. back to you

dennis: i am dennis kneale.s to go until the first presidential debate polls show the contents narrowing. neil cavuto joining us live from the debate site in denver and the debate in moment who is better for the markets? president obama or mitt romney? that one is over. tracy: all about jobs and numbers. good news in the private sector. dennis: good news for bald guys in business. we have the hair raising facts on that. stocks now every 15 minutes. nicole petallides on the floor of the stock exchange. the dow up and i am happy. nicole: if you are happy about some up arrows you got what you wanted. and dow jones industrials are up 44 points and the tech and nasdaq up 1/2% and the s&p 5001453 so with stock about a trading range pushing to the upper end of that. also look at them names on the move and focusing on netflix. netflix is the no. one performer in the s&p 500 day. and gains of the citigroup call. customer satisfaction is doing well and for the first time to improve since last summer and a buy rating for t

dennis kneale joins us with more.hink he is ever retiring. >> he is officially not ever planning on dying even though almost 90. melissa: that is implied. >> this is tantalizing tale of a billionaire, power struggle and maybe betrayal. sumner redstone in page one interview in the "wall street journal" may have set off a new controversy over who might succeed him when he dies. he is 89. sumner saying his 58-year-old daughter sherry who runs family theater chain could end up running the show. never mind they feuded in the past. that might betray this man. they assumed he would be in control and publicly critical of his daughter as she tried to push for the right to succeed him. it wouldn't please this guy. cbs ceo les moonves is is said not to like sherry even much. he brings sills even having sumner as his loss. sumner has enormous increase in wealth since the market bottom. his net worth quadrupled to $4 billion. he owes a lot of rise to phillip do you mean man and les moonves. the stock is up 260% from the market bot

dennis: i am dennis kneale. yl: and i'm cheryl casone ed as apple goes, will the market go with it? the market is falling. we have an analyst standing by. dennis: beware of molotov cocktails. the protest is a sign that people of greece feel they're being sold out by european leaders. cheryl: small business, big problems. national retail federation of business is here with a dire warning. dennis: jobs, the lack of them, top issue of his presidential campaign. the ceo of dice holdings is with us and says they have looked at a number of tech jobs now available. stocks every 15 minutes, nicole petallides on the floor of the new york stock exchange where stocks are taking a dive, nicole. nicole: they really are, dennis. down more than half of 1%. the majority of those dow component coming under pressure. all of which got some analyst calls today, not in a positive way. those are some of the names weighing. some other names on the dow, nasdaq composite i down 1.5%. i heard at the top when you talk about apple and the m

dennis kneale on that story next.every day at this time let's look at the ten and 30 year treasuries, ten year it up, the yield up 1.8%, up eight basis points and 30 year treasury zeroing in at 3.9%. we will be right back. follow the wings. lori: i am lori rothman with your fox business brief. the swing between gains and losses despite a solid report on the housing market. that is overshadowed by disappointing results from ibm and intel. the dow is down two points. investors are eating up shares of beam foods after the food and beverage company's initial public offering with the spinoff of its light weight of foods unit offering roughly twenty million shares at fourteen dollars to $16 each. american airlines is planning to baja either market number of the highest number of flight attendants in a point. bringing in 1500 flight attendants next year. a.m. are will start in the hiring process next month. that is the latest from the fox business network giving you the power to prosper. ashley: you can file this under what

. >> i'm dennis kneale. cheryl: i'm cheryl casone. america's biggest ceos telling lawmakers in washington fix the deficit or else. 80 chief executives signing an open letter urging spending cuts and higher taxes. that's coming up in moments. dennis: our debate this series leading up to election day will focus this hour on who has the better plan to fix housing. cheryl: plus a lot of hype as microsoft unveils windows 8. we will take a closer look at the operating system to see if it measures up. top of the hour right now, stocks now of course every 15 minutes. nicole petallides on the floor of the new york stock exchange. nicole, we are heading south, 16 points, kind of lack direction today unfortunately. nicole: it is true. we have been down for several days. really we have been selling since the middle of late last week. the trend has been around that unchanged line or to the down side. and here we are down about 17 points right now. we had been higher earlier. so traders continue to watch those sell-offs occurring. there's people li

dennis kneale covering the story joins us now. >> the big question, can facebook get its mojo back?nd on the second ever earnings report after the bell today and the startu start of that can doo wrong has done little but kumble and stumble since it went public in may. down 50% or so since then. today up a bit in a down market, i believe. here's what to look for after the bell. revenue up almost 30%, $1.23 billion. earnings up 25%, expectations are just shy of $300 million. those are impressive numbers but growth is slowing. in the third quarter a year ago the growth rate was three times as high as both revenue and earnings as it is for the current quarter expectations. wall street looking at the move to mobile. here's a look at where facebook stood in june almost a billion regular monthly users of all types. half our mobile users. up from a year. facebook can maintain the growth in mobile profit margins could go down because of that exact same growth mobile ads bring in lower prices, they get less. zynga felt the sting in the courtly results disappointed a couple of weeks ago. down

dennis kneale covering the story joins us with the end part of the final chapter. dennis: a tale of greed and the trail. no harmhisson calling it quits as the company he built gets taken over by the billionaire return to for rescue. john malone controls liberty media and the deal is one of his best ever. in early 2009 sirius in danger of defaulting. malone had liberty loan $550 million when no one else would. cereus pays him back in full and six months later, malone got as his loan fee of a 40% stake for all of $12,500. that stake worth $3.6 billion. liberty spent a few hundred billion more to raise it to shy of 50%. he doesn't like working for a boss and malone told me mel ott to get over that. he has too much pride. lookouts seriously successful he has been. he came into serious in late 2004 and sent subscribers of 30fold and now 70% of new cars acquired the main rival x em with revenue of 50fold to $3 billion this year so john malone knows mel big time. but mel bones malone too. started stocking last april and that is when mel started selling his share. since the

i'm dennis kneale. cheryl: i'm cheryl casone. the fall off of fiscal cliff may not be as bad for the stock and bond markets as many come to believe. in fact we have someone with specific plays that you can have now to get ready. dennis: we will ask a strategist if it is too late for president obama. cheryl: and sprint getting big bucks from japan's soft bank for 70% majority stake but we have an analyst ahead who says the company will still be a distant third to verizon and at&t. how you can handicap the deal coming up. dennis: top of the hour stocks every 15 minutes. nicole petallides at the floor of the new york stock exchange. nicole stocks in the green for a change. nicole: that's right. we are seeing the dow nasdaq and s&p all with up arrows. nasdaq composite the one we have been watching here to see whether or not it would be down for 7th straight day in which case we haven't seen that since last november, that was during the euro zone, the crisis we saw over there. prior to that, the last time we saw that was back in 08 du

dennis kneale, thank you. [ laughter ] ashley: america and 55 and older not fading off into the sunsetrking. their sector grew. accounting for them, expenses proving valuable and a host of industries. those 55 and older have a lower unemployment rate when they do lose their jobs it is 435 weeks compared to just 26 weeks for younger workers. finding a job is not so easy. tracy: because they -- ashley: have to. tracy: and they don't go out drinking and smoking the night before. they are more reliable. [ laughter ] it is quarter ~ hour. time for stocks now as we do every 15 minutes. nicole petallides on the floor of the new york stock exchange. nicole: do not talk to me. i go to bed at 8:30 p.m. let's take a look at bp you. one of the names we are following closely. first, let's talk about them. they came out with earnings that dropped. they did top the prior guidance. also, the revenue rose more than expected. we are seeing peabody rising. it is lifting the group overall. there has also been talk pertaining to the debate in early october where we heard that romney talking about the fact

. >> i'm dennis kneale with your fox business brief. u.s.uilders trimmed their activity for a second straight month in august. construction spending slipped .7 of 1% to seasonally adjusted $837 billion. >>> honda expanding north american recall to include more than 600,000 accord mid-sized sedans. the recall aims to address a potential power steering fluid leak that could cause a fire under the hood t affects 2003 through 2007 model years equipped with v-6 engines. >>> more of us are getting our news on the go. a new pew research survey more than half of adult americans own a tablet computer or smartphone. one-third to view news as stories and video clips at least once a week the survey found 20% of mobile users said they paid for online subscription in the last year. fox business is free. that's the latest from the fox business, giving you the power to prosper melissa: it is quarter to. as we do every 15 minutes let's check on the markets. nicole petallides on the floor of the new york stock exchange keeping track of analyst calls. >> that'