s&p. we will be right back. ♪ dennis: kelly please ship hold onto dow 15,000?icole petallides at the new york stock exchange. nicole: volatility has certainly been the name of this game over the last month or so. nike will be out with their quarterly report after the bell. maccormick makes spices and the like. bed bath and beyond. you go in there and spend $300. the profit is down. pandora to the upside. we continue to watch that one. they will be in more vehicles and getting more upgrades. cheryl: nicole, thank you. we will see you in 15 minutes. the u.s., along with several western allies opposing iran's nuclear program. the solution to the nuclear case is easy claiming the opposition does not want the issue to be solved. joining us from washington is michael rubin. michael, i want to start with you. you have been writing extensively about the new leadership in ironic. we are the fools. why do you say that? >> they certainly talked a great deal. he used to be the nuclear negotiator. when he was criticized for entering faultlessly, what he said was, well, i wa

law-enforcement officials around the country want smart phone makers makers to make these phones s,, denny'sed white & blue plate specials are as american as apple pie. makers to make these phones s,, especially, the apple pie french toast. come in today for specials starting at just $4.99. >> five days a first warning weather. 80 tomorrow, 84 tuesday. the chance of afternoon thunderstorms each day. >> one third of robberies in the u.s. involve the fifth of mobile device. now top cops from country are asking for help from smart phone makers. >> as just got explains, they want smart phone companies to be smart about security. >> reporter: more than half of all americans now cary smart phones, and that makes them potential targets for thieves. >> it could be gunpoint, could be a knife. >> according to consumer reports, 1.6 million americans have their smart phones stolen last year. >> we had one that got staff. >> the district attorney in san francisco, and new york's attorney general our meeting with smart phone makers. they will be looking for details on how companies plan to fight the crime

dennis: the s&p issuing a better outlook. justice department searching for the man that leaked information. they found him. cheryl: new ideas. companies and people making money through innovation. what is old is new again. cheryl: top of the hour. we have nicole petallides at the new york stock exchange. nicole: there is still a business for it. the dow jones industrials up about 15 points right now. you look at the stats in the last several sessions, we really have had some big swings. you can see the tech heavy nasdaq up three tenths of 1%. some of the dow component doing well. we are seeing oil and gold mixed. we have some weak numbers out of china. cheryl: japan, a two-year high for that market overnight. thank you, nicole. the market should not be worrying about the fed moving away and tapering off. you have people saying it will happen sooner them later. >> i think a lot of people are fixated on the stock market performance. when will the tapering begin? the mandate is focused on mandating employment. therefore, with in

dennis: today's s&p's winners and losers in the meantime. ♪ ♪ this man is about to be the millionth customersomeone 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 specialnymore, you need an ally. ly bank. your money needs an ally. [ whirring ] [ dog barks ] i want to treat mo dogs. ♪ our business needs more cases. [ male aouncer ] where do you want to take your business? i need help selling art. [ male announcer ] from broadband to web hosting to mobile apps, small business solutions from at&t have the security you need to get you tre. call u we can show you how at&t solutions can help you do what you do... even better. ♪ dennis: 90 minutes away from ben bernanke and company releasing the latest announcement on the economy. handicap it ahead with the fed panel. a dreamliner nightmare, denver to tokyo 787 forced to land in seattle. we look at the fallout for the stock. and we got stocks no

dennis: "man of steel" flies high. and it look at some of the s&p winners and losers. of wednesday's stock meeting with fears subsiding. also feeling the rally, homebuilders seeing the best housing market conditions in seven years. the ceo at the national association of homebuilders is here next. and nsa leaker edward snowden taking questions on "the guardian" website. what would you ask him? tweet us and we will tell you what you said. stocks now every 15 minutes. nicole petallides with a look at some movers. nicole: easy to find names on the move today, take a look, american express came in may 1% versus 2.1% in april. moving up more than 1%. the homebuilders great. johnson & johnson making an acquisition to develop drug cancer, prostate cancer drugs, that acquisition will be around a billion dollars. that flows getting more hours for dreamworks. back to you. cheryl: a lot of the doughnuts, bacon egg sandwiches, it is actually discussed in. thank you very much. so excited about it. major milestone for homebuilder confidence now above 50 for the first time since april

dennis: look at today's s&p winners and some losers. ♪ [ thunder crashes ] [ female announcer ] someood and thatheir homeowners insurance protects them. [ thunder crashe] it doesn't. stop pretending. only flood insance covers floods. ♪ visifloodsmart.gov/pretend to learn your risk. >> catching you up on breaking news from the ongoing house intelligence committee hearing. live pictures there, looking at a moment ago, michele bachmann asked a question there, but testifying today that the nsa data collection program foiled a slew of high profile terrorist plots including one to bomb the new york stock exchange. >> 702 authority was monitoring a known extremist in yemen. this individual was in contact with an individual in the united states named kalid. he and other individuals that we identified through a fisa that the fbi applied for were able to detect a nation plotting to bomb the new york stock exchange. he had been providing information and support to the plot. the fbi disrupted and arrested these individuals. cheryl: deputy director said the programs helped catch more who planned

denny's. >> now weather and traffic together on the 1's. >> time to look your morning commute. we are not tracking any delays or incidents. harford road is moving well. west side on the outer loop, 55 miles per hour approaching 32. this is a live picture at security. allill keep you posted on the major roads. that is the latest on traffic pulse 11. >> thank you. we're mostly cloudy over baltimore. fog. areas could see some showers are further down to the south. more showers into southern maryland. we have an unsettled pattern. 84 degrees this afternoon. some scattered storms will be approaching annapolis by 2:00 p.m. they will be pretty widely scattered. >> 71 degrees at the airport. 5:13. >> it is not an option for most dads, maternity leave. >> is your driveway making use hey, look! a shooting star! make a wish! i wish we could lie here forever. i wish this test drive was over, so we could head back to the dealership. [ male announcer ] it's practically yours. test drive! [ male announcer ] but we still need your signature. volkswagen sign then drive is back. and it's never b

dennis: look at the s&p winners and losers.ng have given way to sleeping. where sleepless nights yield to restful sleep, and lunesta eszopiclone can help y get there, like it has for so many people before. do not take lunesta if you are allergic to anything in it. when taking lunea, don't drive operate machinery until you feel fully awake. walking, eating, dng or engaging in other activities while asleep without remembering it the next day have been reported. lunesta should not be taken together with alcohol. abnoal behaviors may include aggressiveness, agitation, hallucinations or confusion. in depressed patients, worsening of depression, including risk of suicide,. alcohol may increase these risks. allergic reactions sucas tongue or throat swelling occur rarely and may be fatal. side effects maynclude unpleasant tte, headache, ask your doctor if lunesta is right for you. then find out how to get lunesta for as low as $15 at lunesta.com there's a land of restful sleep, we can help you go there, on the wings of lunesta. dennis:

denny's. >>> welcome back. the government in france the s taking a small step to bringing down the country's debt. presidential palace is opening up the wine cellar and selling off a 10% of its private stash. some paid as much as four times the opening bid for the right to open something from the presidential reserve. the bottles for sale do include rare vintages. >> what would it go for. >> it's yorth about 2200 euro. >>> that is about $2800 for that bottle but not all of bottles are that expensive. bidding starts at about $20. what makes them so valuable a sticker that verifies they come from the president's stock. first round took in $400,000 u.s. dollars. that is a tiny bit of income but every little bit helps. >> a flat tire helped a woman recover from long lost pictures from the baby daughter. >> a stolen was found this week by another woman who stopped to change a tire and discovered the unprocessed roll of film in a ditch. he developed the film and anne perry smith recognized her baby girl and her pet dog in that photo. she has the pictures she thought she would never see again. magic of f

dennis: another day on wall street down to under four points on the s&p on track for the worst this yeare some ideas how to keep your portfolio safe? cheryl: in housing market price we have a vice what to do right now when rates are on the rise in what ttat will do but take a look at the winners, losers, the health care story. health care story. we will be right back. i want to make things more secure. [ whirring ] [ dog barks ] i want to treat mo dogs. ♪ our business nds more cases. [ male announcer ]here do you want to take your business? i need help selng art. [ male announcer ] from broadband to web hosting to mobile apps, small business solutions from at&t have the security you need to get you there. call us. we can show you how at&t solutions can help you do what you do... even better. ♪ ♪ ♪ [ male announcer ] if you can't stand the heat, get off thtest track. get the mercedes-benz you've been burning for at the e summer event, going on now at your thorized mercedes-bendealer. hurry, before this opportunity cools off. goieverybody has differentzed ideas, goals, appetite for risk. y

s, he had a boyfriend named cliff. they paint it yellow. when he got a new boyfriend named dennis, they painted it red to get rid of cliff. but it was a beautiful little car. he still remembers it. it disappeared, we think, sometimes in the 1970's. but this is what keeps my hopes up. this actually isn't in carville. this is in the richmond district on ninth avenue. people say, are there any car houses left? are they all gone? have they disappeared? this is an example of how one can surprise you. this is on ninth avenue in the parking lot behind the old coliseum theater. before that park being lot was there the city was looking for houses, spaces, near merchant corridors to create these little parking lots. they bought this house from a mrs. suggs because they wanted to tear it down and put the parking lot in. when they started tearing the house gown, they realized that this kind of boring house was made up of three old cable car trailers. even though the granddaughter who played in the house didn't know that it was made of cable cars, it was hidden behind the stucco. so these litt

s&p. you are doing a great job. thank you very much. dennis seem louis fed president james bullard saying that fed has quote nick and appropriately time its move to map a timeline for reducing bond purchases and peter barnes joins us with more. extraordinary in a way. i have neat not seen that kind of direct criticism recently. >> this is bullard's first-ever dissenting vote since he joined, became president of the federal reserve bank in 2005. he did not like the decision by ben bernanke and his supporters on the future of quantitative the thing. they said the fed could slow its bond buying program later this year as long as the economy keeps growing and unemployment falls by $85 billion a month. in a statement released this morning the same louis fed said bullard dissented because he felt there should be more strongly signaled the awareness to have its inflation target of 2% for low inflation reading. and on the downside, bullard believes to maintain credibility the fed must defend its inflation target when inflation is below the target runn

san francisco city attorney dennis herrera says there's typically a 25-day period before the u-s supreme court's final judgement is entered, to allow both sides to file a petition for rehearing. however, herrera says rehearingas are almost never granted. he says it prop 8 is knocked down, same-sex marriages in california could start within a month after a final decision. >> reporter:herrera sees these possible scenarioes playing out: the plantiffs win on merits, the ninth circuit decision invalidating prop 8 is upheld, same-sex marriages continue in california and all state bans on same-sex marriage are deemed invalid. or, the supreme court dismisses the case, upholding the ninth circuit's ruling as the final binding decision. the court could also find prop 8 proponents should neber have been allowed to appeal u-s district court judge vaughn walker's original ruling that prop 8 is unconstitutional. >> reporter: herrera says the worst case scenario is that the justices agree to reverse the ninth circuit's ruling. upholding prop 8 as law. >> i am very, very confident. but we will once agai

dennis: russia reportedly offering to consider asylum for the n s h a weaker as house of representatives cheryl: new ideas, business innovation, harry shane is making money by challenging the big guys in the shaving game. dennis: tim tebow a patriot, the ceo on how sporting goods stores are cashing in and do it is top of the hour, stocks every 15 minutes, nicole petallides on the floor of the stock exchange, what is the dow doing their? nicole: the vix is higher, the volatility in your index, feeling a little bit of uncertainty in the markets, the dow has come off of its lows of the day, and here we are. and the upside momentum, the sell-off was all little overdone. it is 0.1%. the retail stocks, bank stocks showing weakness. i have got to get to news corp. parent of the fox business network, the latest of what we have been seeing to advance the media company's plans to split off to a separate publicly traded entity. shareholders have voted to this event and approved the three amendment and will complete the separation of the 28 of june and begin trading as two companies on july 1st. the

dennis, westbound, all wt lanes are open. threat the latesthat's the chec time traffic. >>> that issue was front andontd center at d.c.'sng as members talked about the ideas to protect driversdrivers including bulletproof glass. gl >> our sympathy goes out to his family and i would ask that we e begin way moment of silence. >> reporter: a somber somber beginning to this meeting remembering solomon okoroh whowo was working a second job whoa b was murdered by the passengers s he picked up. >> he was trying to make ends es meet and making a living by picking up fares. up >> reporter: one taxi driver dv talked about the dangers he faces; an >> i have been robbed, and stabbed. >> reporter: when aorter: when protective barrier idea was was brought up in the past, the taxicab commission said theommia drivers didn't want it. it. >> the drivers themselves th rejected that idea.that many of the drivers use who own their own vehicles, use them for purposes other than as a publicc vehicle for hire, and do not want to have a window that is separating them from their backk seat. >> reporter: also disgusted dic at the meeting customer

s&p up for the week but all the major averages down 1%. gold down below $1,300, stay on these markets throughout the day. dennis secrets as the senate holds a hearing on capitol hill today. katherine harris joins us with the latest. >> good afternoon. according to testimony that came by fox news falsified reports are not unusual with investigations -- investigators and to security clearances logging interviews that never happened and credit reports used to determine whether bad debt is a candidate at high risk for blackmail. investigators apparently made that too. a record surge fabricated 1600 credit checks but never actually completed. ironically her own background investigation had been falsified by background investigators convicted in a different fabrication case. on tuesday the head of the nsa testified a thousand government employees like nsa weaker and ed snowden who brought access to networks containing highly classified documents. what we don't know is whether there were any background check programs with ed snowden at security clearance and congressional sources confirmed the fox news this morning th

dennis: new ideas wrapped up witt co-founder and ceo. let's take a look at the mean -- take a look in the meantime some of the s&p winners and losers. ♪ [sets of keys 4 cell phones 7 socks and 6 weeks of sleep but one thing you don't want to lose is any more teeth. if you wear a partial, you are almost twi as s likely to lose your supporting teeth. new poligrip and polident fopartials 'seal and protect' helps minimize stress, which may mage supporting teeth, by stabilizing your partial. and 'clean and protect' kills odor-causg bacteria. care for your partial. help protect your natural tth. i took my son fishing every year. we had a great spot, not easy to find, butth it. but with copd making it hard to breathe, i thought those days might be over. so my doctor prescribed symbicort. it helps significantly improve my lung function starting within five minutes. symbicort doe't replace a rescue inhaler for sudden symptoms. with symbicort, tod i'm breathi betr. and that means...fish on! symbico is for copd cluding chronic bronchiti and emphysema. it should not be taken more than twice a day. symbicort may increase yo risk of lung infections,

s of the world where they can make the investments in public companies as well. dennislk about some startups you've been investing it. nuch surgery helps the surgeon train for a procedure? >> yes. this is an amazing application that was built by four surgeons themselves who are also developers. software developers. and they've walked through the process so that a surgeon can see every minute step that they need to do and their training position surgeons can see if they knew the steps. patients can use them as well. they can see the surgery that their surgeon is about to do on them before they go through it. if they want to see it. dennis: i'm not sure i would want to know that having five surgeries myself over the years. how many things you're looking at are about making care better, getting a better imaging machine versus how many are making book keeping better? i have to abide by the new regulations so i need tools to do that. >> the majority of what we do provides physicians or care providers with more time to actually take care of patients and do the things rather t

denny's. >> and new this morning. honda is recall more than $18 and cars in the united states to fix problems with their breaks. the recall affects more than 13,000 akkra r-s cars from 2006. it also affects the from the as-to-thousand sports cars from 2006 and 2007 model years. honda says is some power brake booster parts were not made to specifications. this because a decrease in braking power over time. no accidents or injuries have been reported from the problem. >> we are watching the weekly united states unemployment benefit applications that fail 334,000. this is an near a five-year low. dow futures just turning positive up 7, they were down over 40 points. another big overseas and sell off this morning. the nikkei dropped 6.4% overnight. that would be the equivalent of the dow dropping over 950 points. the dow jones fell nearly 127 points yesterday closing at 14,995. first three day losing streak for dow this year. the nasdaq sank 36 and 1/2 points, closing at 3400. the s&p 500 also fell 13 and 1/2 points to end the day at 1602. we will be watching the stock market is all morning long here on kron 4 morning news. starting at 638 and with the opening

dennis lane tweets in. apparently the whole world is on the n.s.a.'s terror list whofment is watching the watchers, not congress or the courts. guest: you know, congress says that they are watching the n.s.a. and that the court has been put in place to supervise its operations. but it's hard to know exactly how seriously to take that. the senate intelligence committee last year held only one public hearing all year long, and they have not held a hearing with public witnesses are for several years. so, i mean, they have basically shifted away from the public domain towards the intelligence community. they're providing less and less feedback and information and insight to the interested public. and i think that ought to change. host: how so? guest: i think we need more public hearings, we need more open hearings, we need more outside witnesses, we need more public investigations. senator feinstein, the chair of the senate intelligence committee, said that a report that was completed last year on the record of c.i.a. interrogation programs, post-9/11, is

dennis kneale with your fox business brief. stocks staged a dramatic rebound and snap a two-day losing streak but they're still on track for a third straight week of losses. three stocks in the soday. overall total household wealth now is fully rebounded from the losses in the great recession. the fed federal reserve says household wealth topped $70 million thanks to the market rally and home prices. typical household recovered 45% of the lost wealth. investors missed out on the huge stock rally because they were too scared to get back in. >>> bid for the private lunch with warren buffett is underway. bids are up to $75,000. the winner of the bid, the money will go to glide foundation a charity for the homeless in san francisco. that's the latest from fox biz, giving you the power to prosper. adam: u.s. trust released results of their wealth survey of high net individuals in the united states. the survey found there may be substantial amount of cash on the sidelines. 56% of investors have high amount of fund in cash positions with 35% say they have no plan to invest the cash or cash holdings over the next two years. among the other findings, 8 of% of the investors agree a long

dennis and said, look, here's what it says. >> in a nutshell it says that every inmate will accept a cellie except if he has -- see this little thing? it's called an "sffix. that means single cell status. if you have that attached to your cdc number, then we'll never, ever try to house you with another inmate because you have gone through all the hoops, whatever it takes, either you committed battery on your inmate -- or cell partners or you've, you know -- >> murdering, battery, i know. >> or a psychiatrist says. >> yeah, but i'm not crazy. >> well, that's your answer. that's it. call the governor. that's pretty much it for me. >> hamilton was sent back to the hole. but a few days later, we heard of an alarming new development in his case. he had assaulted an officer. >> sometimes you anticipate your moves as far as what inmates are going do and their capability, and sometimes you are just surprised. i didn't think he was going to take it to this level where he would assault staff. >> the officer was not badly injured, but it landed hamilton back in administrative segregation, with a high probability of being sent to the shu, a place most inmates dr

s in many countries but didn't explain why. >> phil black in moscow, thanks for that story. >> dennis rodman in north korea but that's a different widening this morning and we could see fireworks today. because this afternoon acting irs commissioner daniel warfell appears before a committee over the investigation of targeting of tea party groups. we'll hear tomorrow from the groups who claim they were victimized. >>> a top republican adding fuel to the fire. darrell issa alleging the calls for the irs to target conservative groups may have come directly from washington. here's cnn's dan lothian. >> reporter: for the first time we're hearing what irs workers in cincinnati are telling congressional investigators about why they targeted conservative groups. republican darrell issa in an exclusive interview on cnn's "state of the union". >> as late as last week the administration still trying to say there's a few rogue agents in cincinnati when, in fact, the indication was they were directly being ordered from washington. >> reporter: issa released partial transcripts citing an ongoing investigation so the full context isn't clear.

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s&p 500. you are seeing the target moving to the lowest points of the day, and as i noted, the vix is up. back to you. cheryl: volatility. nicole, thank you. dennisxas is hoping to get a leg up on the competition taking flight. titos vodka, now the exclusive vodka for all united airline flights. joining me with more on the sky high beverage is tito beverage, the aptly name found founder and master distiller of the handmade vodka. birds or tito? >> i'm bert, named after my grand dad. dennis: i've had your vodka, i'm a fan. >> thank you very much. dennis: with regard to the united airlines deal, how did you get that to bump out the better known absolute? pay them a big kick pack or charge the cheapest price? >> we paid them billions and billions of dollars, and they liked, picked them up. no, they did a tasting, and they liked titos, and so we ended up getting the slide. it was a cool deal. dennis: when an alcohol brand does this, they get money from the airline rather than paying money to the airline? it's a good promotional platform to a captive audience. >> yeah, it's not a big moneymaker for us, but we've been one of the kind of word of mouth b

s the party going. but my airne miles take it worldwide. [ male announcer ] it shouldn't be this hard. with creditcards.com, it's easy to searchundreds of cards and apply online. creditcards.com. >> cheryl casone and dennis. september is the month to watch. i have to tell you took a little while to start up the market but not a lot of starch. what will happen ultimately as we look at what point may be all of it won't impact the news at some point the fed will taper and will even raise rates. i think the market will get used to it. we didn't collapse, off 100 point120points earlier today. a worst-case scenario leading to people who only thinks stocks are up because of the fed action. if we close positive today the best news could be all the fed worrying, the fed height may go away and we can trade on the rumors. what o you think? cheryl: is this a bull case? charles: i am bull at least the last few months of the year. dennis: dow 16,000 by the year-end. charles: i am with you. we will see. cheryl: ca cannot come either w? can somebody else pay? dennis: you can buy. charles: ben bernanke is buying. cheryl: thank you charles, charles payne. some of the best managers will be here. they have picks they say wi

denny's. >>erica: good morning everyone a. at the time right now is 746. you are waking up to the kron4 morning news. most of us are and the low to mid '50'san jose, concord. following these numbers into the afternoon, it is going to be between one and three degrees warmer than what we saw yesterday. we will see mid-70s for pleasanton and livermore with plenty of sunshine to go round. 64 degrees for downtown san francisco and a low to mid 70's for the north bay. your 7 day around the bay in extended forecast shows a gradually warmer weather. you can see by friday we will already be in the mid '80s. at saturday we're talking about upper 80s for your warmest and land spots. looks like temperature will start to cool as we and the weekend. by sunday, we will see more and the way of cloud cover. afternoon sunshine as we head into monday and tuesday. george? >> the ride through pleasanton southbound is a result of a northbound incident. it has created a visual hazard for the southbound 680 ride. we have when advisories for bay area bridges this morning. perhaps that's why they have been running the metering lights so slowly. there are no inciden