companies that edison benchmarks against." with respect to replacing american workers with h-1b workers, edison says that the company -- quote -- "is not hiring h-1b workers to replace displaced employees." edison's cynical defense is built upon a very shameless exploitation of a loophole in the h-1b law. that loophole says technically edison isn't the h-1b worker's employer. the two foreign consulting companies are that employer. the h-1b workers are just contracted out for extended potentially multiyear periods from the foreign consulting companies to the american company, edison. thus edison argues that it is not subject to the requirements under the immigration laws that i spoke of earlier. they argue that because they are not the employer who petitioned directly for the h-1b workers they edison don't have to abide by the working condition requirements of the 90-day rule. the condemnation of this attack on american workers has been very quick and quite frankly bipartisan. on february the 10th over 300 members of the intern

we want edison responsible because edison didn't do what is in our best interests. as far as i'm concerned edison is guilty. every company that does it. gerri: here is the problem, we hear story about this over and over again. in fact the attorney brought this suit sued lots of other companies, successfully, gotten companies to settle. they haven't necessarily admitted wrongdoing. wouldn't it be better instead of bilking a bunch of american companies out of money for all companies to step up and do the right thing to protect our assets? >> i don't blame edison international here. they relied on consultants and brokers. they don't have subject matter expertise are funds best interests of workers. they hired outside help. they were duped as well as workers were. i feel badly for edison international. gerri: but companies like edison pony up. >> it is obscene and abhor anti-and put to a stop. how do you do it? demanding those providing services to the 401(k), themselves be fiduciaries. if everybody has to serve the customer best interests everybody wins. >> rick, thank

. >> when they learned thomas edison electric had charged $8,000 for that visit, they were shock.he company replaced her entire electrical panel claiming it was malfunctioning. experts say it's a $2,000 job at most. among her charges, $4,900 for a panel that retails for around 200. there's even a fee to access the panel. >> there's $200 up charge for inn accessibility of the panel which is about as accessible as panel i've had he ever to deal with. >> and that flickering light get a loafed this. it's still flickering. >> he never really addressed the issue. even it's elder abuse quite frankly because if i had been here this would have never happened. >> thomas edison electric is operated by this man joseph weiss. >> i promise we'll treat your family and property with respect and get the job done right the first time. >> but wayne gable of tech text disagrees. >> things that were done by thomas edison electric were incorrect. >> the company was hired to row pair electrical issues in his 91-year-old father's brookhaven home. >> my understanding was that everything was going to be fi

what did edison do wrong?> edison has a $3 billion plan gerri, and a $3 billion plan can command very low fees for its employees and retirees. instead edison had retail fees offered in their plan meaning that employees and retirees were paying almost 50% more than they should have been paying. warren buffett doesn't pay retail. neither should an employee after large 401(k) plan. gerri: do you have any idea what this would have cost workers overtime? >> yeah the department of labor says a 1% difference in fees over a career make as 28% difference in the retirement assets a person has at the end of their career. for an average salary, that is $70,000, 1% difference in fees. that is a big amount of money. gerri: pardon me me you sued edison on behalf of 401(k) investors but doesn't edison hire a plan administrator to advise them how to set inthe 401(k)? isn't that the entity really doing the bad stuff here? >> no. the employer as the plan sponsor, gerri retains the fiduciary responsibility to make sure that any a

and you alluded to it, the incident with the farmer was after edison's death. clearly there's a human kind of desire for vengeance and a sort of a military need to strike back and seize the initiative back when you have taken a casualty like that. and there was this junction very close -- which was being routinely -- dug in at night. and looking through a javelin sight welsh guards, saw -- everybody believed that it was an ied being dug the range finder on the javelin missile wasn't working correctly. rupert who was killed a month later, he was very angry about this and said he thought it was a result of being gung ho, they engaged the target and killed a farmer working his fields in the middle of the night to avoid being taxed by the taliban and keep out of the heat of the day. so he was needlessly killed, and obviously that's a propaganda victory for the taliban and so all these things are interconnected. almost a direct line between edison's death, probably through friendly fire to that farmer being killed and perhaps a number of the men from the villaging f

potomac edison saying there's no obvious cause or evidence of what happened. it's possible a tall truck snagged wires with the power pole broken near the top. now, residents have been impacted. the resident who lives here at this home can't even get out of this driveway because of all of the debris. and across the street residents tell us that while there's no outage here they've been asked by potomac edison as a preventative measure to shut off their power. >> potomac edison guy says leave it off. going to do -- as soon as they do our pole they can turn it back on. but until then, don't. so we have a fire going. so we're good. we're good. >> the good news is that crews here on the scene believe they can do all this repair work and restoration without deenergizing the circuit. in other words, for the greater community, the power will stay on and the heat will stay on as these crews work in temperatures about 10 degrees outside. feels like the lower single digits. reporting in damascus mike conneen, abc 7 news. >> we are dealing with yet another round of arctic

. >> previously on "everyday edisons," spills, stains, and other household mishaps that fall upon our carpets gave inventor ken joyner the idea for a spot extractor from which our development team extracted multiple prototypes and one potentially successful new product. in this episode, we learn a new way of walking with an invention that a personal trainer from galveston, texas, brought us. his unique walking sticks could put a spring in our step and a workout we may need to keep up with on this week's "everyday edisons."

that's today on "everyday edisons."

southern california edison by the way, part of his district. and joining us is leading congressman darrell issa, member of the house judiciary committee, the house foreign affairs committee, and great to have you with us, congressman. >> well thanks for having me on. and i think your second issue is one that is very timely. companies are abusing the h-1b visa system. they're abusing the worker who comes in. and obviously, when they undermine those costs for an incoming worker, they undermine american jobs. i believe very strongly we should import the best and brightest from around the world and put them to work but not to displace american workers and i think that's a really solid area we have to deal with if we're going to reform the immigration system. >> the h 1 b visas being used by southern california edison, not only are they replacing american workers but as we've reported on this broadcast and i've authored more than one book on the issue outsourcing has affected millions of americans, and now not only are they losing their jobs to fore

. >> the thomas edison of our time, 16 years old. he invented a cancer screening test changing everything. >> music superstar akon >> it is a way for me to make money. it's clearly a business >> lending his voice to those in need >> i'm in a position where i can make a difference >> his goal, to have africa be part of the modern world >> if you wanna keep africa stable, there has to be elections >> every monday, join us for exclusive... revealing... and surprising talks with the most interesting people of our time... talk to al jazeera part of our special black history month coverage on al jazeea america >> monday. >> we're going to the bottom of the sea. >> deep submergence vehicles. >> three, zero, three, six. >> ocean experts have made some miraculous discoveries. >> octopus everywhere. >> but are the most important discoveries yet to come? >> implications for energy and also for climate change. >> "techknow's" team of experts show you how the miracles of science. >> this is my selfie, what can you tell me about my future? >> can

. >> the thomas edison of our time, 16 years old. he invented a cancer screening test changing everything. >> an america tonight investigation >> somebody could come in and take our home away from us >> it was a law that helped condo developments stay afloat >> we would have to sell and have to leave our unit >> now, this law is being used to take peoples homes >> there's nobody helping us... >> honest people, losing hope... >> i didn't fight vietnam so that someone could take my property away from me >> hard sell an america tonight investigation only on al jazeera america >>> welcome back. you got to meet a 16-year-old genius. >> oh, yeah. yeah. this is him freaking out at the intel science fair when he took first place this year. he's 16 and invented a cancer screening test. right now pancreatic cancer are hard to test for and not accurate and take time to do. he invented a cancer screening test changing everything. he's incredible. i got to spend a day with him and went kayaking and see what his life is like. let's check it out. >

sun edison has its own yield co.yield co filing out by the end of the first quarter. sun edison has the yield co that will track emerging market assets and potentially in the first half of 2015. how do you look at yield co's and whether or not to invest in them, and obviously, it's not just the yield that they're going to give you, but it's also the entire structure. >> reality is if you get more yieldcos, you need more growth and the reality is if you look at at japan, hawaii california solar has a certain point at which it reaches a percentage of your energy mix at which it becomes disruptive, it causes disruption in the energy mix. the idea that solar will grow forever is not true. at some point the growth will slow significantly. the idea that you want a bunch of yieldcos like sun edison's ceo just said i don't agree with that dynamic. >> you don't think it's good for the industry? >> there's been analysis that solar said it can only agreegrow to 30%. >> when you look at india and modi wants alternative energy in

book the fourth time the electric car has appeared on the scene and the first time was when thomas edison was a great proponent of the electric car and $1 million of that date would be many millions today over 10 years to develop this and he promised the head of the biggest electric utility company in america he would put them on the electric system but it did not work out. there were two more episodes than finally we are here today. it is challenging to write a book on this subject that levi has written with sarah -- several requirements are necessary. you have to know cars, and technology, chinese and japanese, and for to have international competitions. not many people meet those requirements but you do. i remember when this is just an idea can you give us the sense of what made you think that when you start the book that oil would be $500 a barrel? and the electric car had emergency to date is $50 a barrel but last year 120,000 cars were sold in the united states. how did you get involved and what made you want to write on the subject? >> guest: a lot has changed since this started th

. >> el paÍs no lo va a permitir, ni a nadie, daÑar la imagen de edison de los santos. >> en tanto quee muere un pobre. >> en el dÍa de hoy tambiÉn fue detenido un puÑado. >> ay, si le pasa algo tenemos que irnos. >> para este miÉrcoles estaba pautada una rueda de prensa en la que el regidor edison de los santos anunciarÍa su desvinculaciÓn del caso. esto lo que tengo por el momento, retornÓ con ustedes al centro de noticias. >> gracias jessica y ahora giancarlo cifuentes nos trae mÁs noticias de nuestros paÍses. >> enrique peÑa nieto anunciÓ solicitar a la secretarÍa de la funciÓn pÚblica que investiga y resuelva la existencia de un conflicto de intereses detrÁs de la controversial caso de la familia del mandatario. >> que investiguen y resuelvan si hubo o no conflictos de interÉs en las obras pÚblicas o contratos otorgados por dependencias federales a las empresas que celebraron compraventas de inmuebles con mi esposa, con el titular de la secretarÍa de hacienda y crÉdito pÚblico y con un servidor. >> en argentina a la inspectora viviana fein que investiga la muerte de alberto nisman

. >> thomas edison, power naps. margaret thatcher, power naps.edison took these naps in the middle of inventing the light bulb. >> get up, have some warm milk and maybe even a banana. >> no milk. that's bad for your stomach. >> put some butter on bread, pop it in the microwave, eat the warm bread. >> or a banana. >> this is what i do -- oh, my gosh, i don't know what happened. we have to go. >>> nice to be with you this sunday. i'm leland vittert and welcome to america's news headquarters. >> i'm shannon bream. the massacre intended two years ago is going for an attack on the largest shopping mall here, the mall of america. advice to shoppers about that threat. >>> plus, his explanation for why the president refuses to use the term radical islam. >>> the ceasefire continues to unravel as a bomb tears through a march for former pro-russian president. yes, the united states still refuses to send

paid the price. >> while the 500 jobs will be directly replaced at southern california edison. in addition it facilitates the offshoring additional work. >> they have to train their foreign replacements. brought in with their visas may violate an immigration law which requires foreign workers not adversely affect the wages and working conditions of us workers. >> the problem is that that's never been enforced. the secretary of labor across multiple administrations has decided never to do anything about it. >> edison admits it's outsourcing some tech work to be more cost-effective. it will save about 40 grand per worker. or 16 million a year. >> the employees are upset, and they say they can't understand how h-1b guest workers can replace them. >> the high-tech companies have lobbied for h-1b visas. president obama labeled mitt romney as outsourcer in chief. people apply it to the president. who supports doubling the number of foreign visas despite evidence that temporary important later depresses wages here. lou. lou: william thank you very much. william reporting. positive rep

lou: the h1b visa is being used by southern california edison.porting this and authored more than one book on the issue, this outsourcing has affected millions of americans and not only are they losing their jobs to warn workers were being paid typically about 25% less than the american workers they replaced and they are having to train those foreign workers in the jobs they are surrendering to them. that's outrageous. >> when you realize that an existing worker that would like to training his or her replacement, those people are working for an india-based subcontractor that hire these people and pretends that there's no available work force in the united states, that is what is so disturbing, it doesn't appear as though they broke any laws but they broke the clear intent, the spirit of the law and quite frankly it has to be changed. lou: the question becomes can a republican house and senate do that and suggesting that he might, only might be receptive to such legislation, but the republican party is so close to the u.s. multinationals and the u

restaurants mirrors the various issues facing modern china today. óxñx >> previously on "everyday edisonst brian smith, whose idea for a slow-pull dog leash pleased our development team and dog owners. in this episode, we take on a familiar problem that no one likes: the cat litter box. two inventors think they have a better idea, but will cat owners and their kitties agree?

and solar city and sun edison stocks getting smacked. you can see on the reports, we have the details. from the nasdaq, getting closer to the key 5,000 mark. last time it was around these levels, was year 2000. we've got the three next generation tech plays that could power the index higher. we start off with a developing story on the refinery fire. exxon stock closing down 2%, while other fires like de soro closed higher. exxon, we should note, a laggart compared to its peers, especially on the back of the news yesterday we got from the filings that warren buffett dumped his stake. >> it's clearly part of it. the buffett announcement is putting pressure on exxonmobil. that and the fact it really hasn't moved the last couple months, vacillating between 8 1k39 92. i think the trade is tessoro trading $87-ish prior to. we said it would be a buy and effectively that's what's happened. obviously this news today not good, but good for tessoro. that and the fact the earnings were fine, not good enough given the huge run it had. now i think tes

but sun edison is a well-run company.e the focus today is backlog, megawatts produced, gross margins on the megawatts they sell. i don't expect any fireworks from the earnings announcement after the close today and the call tomorrow because they have an analyst day next week. however what you have to realize with sun edison is last year when they did their yield call everyone said everyone is going to follow and do a yield. and no one has done that. i think people need to realize that. i think at the analysts' day next week is when the fireworks will go off. we like this stock. we'd still be long the stock into the earnings today and more importantly into the analysts' day next week. >> will we hear more about obama's plan to extend the investment tax credit? >> i think that's going to be a question on the conference call. i think the reality of that happening is very low. clearly that's also been a boon for solar stocks so i think that will be a question. i don't think that's going to be their focus. >> what's your numbe

. >> a new partnership will help area nursing students, the deans for thomas edison college and our lady of lords school of nursing signs the finish in four agreement. nurses complete the nursing diploma flew lords and ccc and they will be accepted in an rn to bsn program at thomas edison the goal is to get them done in four years the recent report calls for an increase in nurses with a bachelor in science degree. >>> some students learned about african history through music students put on this assembly learning about music from south africa during the apartheid era. the world is filled with air. but for people with copd sometimes breathing air can be difficult. if you have copd, ask your doctor about once-daily anoro ellipta. it helps people with copd breathe better for a full 24hours. anoro ellipta is the first fda-approved product containing two long-acting bronchodilators in one inhaler. anoro is not for asthma. anoro contains a type of medicine that increases risk of death in people with asthma. it is not known if this risk is increased in copd. anoro won't replace rescue inhalers

> the problem is the secretary of labor has decided never to do anything about that. >> reporter: edisonrcing tech work in an effort to be more cost effective. it is estimated to save about 40,000 per worker. >> the employees are upset and they say they can't understand how workers can be used to replace them. >> the high tech industry from facebook to google has spent millions lobbying for more visas those immigration hawks oppose it. >> reporter: in the campaign president obama labelled mitt romney as outsourcer in chief. the president talks about protecting middle class jobs and supports doubling the number of foreign visas despite evidence that temporary imported labor depresses wages here. >> thank you. >>> nbc news has launched an internal investigation into the conflicting versions of brian williams' story about a helicopter ride he took during the iraq war. williams has apologized for what he calls misremembering and falsely claiming he was aboard a chopper. today nbc news president sent an e-mail to that news division stating we have a team dedicated to gathering the facts to he

the grid hasn't changed much since thomas edison invented the lake on, but quickly opining this as well. read on and you'll see why the judges were so enthusiastic about their toys of our candidates as the winners of the 2015 award for energy writing. [applause] >> thank you. [applause] >> thank you very much. thank you particularly to the judges and the national press foundation. if i woke up five years ago and thought that i would have been honored by a news organization are writing about utilities come i would've killed myself. [laughter] >> i am a storyteller in my view is what is the story there. well, it's an amazing story and i'm old enough, i'm in the san francisco bureau and i remember when they were buying up cell phone rides and then we saw was the size of the suitcase, the first cell phone. and everyone said who the heck wants one of those. and now almost everyone in america has one. i had the privilege of interviewing george mitchell who is the grandfather of tracking them for 25 years everyone said that nobody will ever be able to squeeze oil and gas out of those tight sha

the scene with mark edison lieutenant mark edison leading his men in combat but getting shot in the back in and a vicious ambush, three sided ambush the turned ugly very quickly. how much have you heard from are kept in touch with any of the individuals kind of postscript since the book came out and can you speak at all to where they are now? >> guest: i have kept in touch with a lot of them. mark everson a young platoon commander by all accounts going places very charismatic young officer. in charge of this outpost on the edge of the affected area of operations. he was a podgy alum in may of 2009 at the start of it all and again this is part of the dead men risen aspect. he was writing in his diary which was a lot expressed in that published in the book. he was concerned about lack of medical equipment and helicopter evacuation procedures and also he didn't know what the mission was. he was unsure what the mission was so the patrol that day i mean it was really what was called -- matches to go out there and be seen and reassure the local population which is sort of nonsensical in the he

thomas edison said this back in the 1920's. 100 years later, it's the same. in the book, there's an inflection point where everyone is pursuing the race and at one point, everyone including me finds out someone has been deceiving everyone whole time. but i think there are real players in the race, tesla, gm and now apple -- it seems they have put their chips down on the battery, on the electric car and i think it shows that it is real. cory: a great, dramatic book. who would have thought? thank you for coming in. more "bloomberg west" right after this. ♪ cory: i'm cory johnson and this is "bloomberg west." germany leaving the door open for greece on a bailout option. they initially flat out rejected the greek proposal but now the greek official says germany regards it as a basis for negotiation. finance ministers are talking about this in brussels tomorrow. 23 house democrats are urging speaker john boehner to postpone prime minister benjamin netanyahu's speech to congress. democrats say it appears john boehner is using a foreign leader as a political tool ag

thomas edison put more than a million dollars of his own money into electric vehicles. after world war ii there was a brief period in japan they were building electric cars. consumer automobiles had basically been occupying allied forces and domestic cars were a loophole and toyota had division that started to build electric cars and people were using them instead of traditional vehicles. >> and cheap gasoline. >> the third was in the 1970s the price spike in gasoline there was a lot of interest from a policy level but also among some private entrepreneur is in building a new generation of electric cars. >> you read the language of the time it sounds remarkably like the language of five years ago. and 3.5. >> the other is in the 1990s with california's first extended elector car program and the current generation of electric vehicles really started in japan in 2006-2007. >> what is different about this when? >> scale is different in the past. we sold 120,000 electric vehicles in the u.s. last year which may not sound like a lot, 16 million vehicle automotive industry bu

we're going to be speaking with the ceo sun edison tomorrow. we'll broadcast that money on "fast money" tomorrow. >>> meantime, russian stocks getting hit hard today on the back of a downgrade of the country's debt to junk by moody's yesterday. up by more than 16%. our next guest says today's weakness may be a buying opportunity. let's bring in dennis guardman. dennis, you're not in russia right now, but you're sniffing arm. what's going to cause you to pull the trigger? >> a limttle bit more weakness. russia has been on my radar screen for a while. i went to speak at a couple of seminars, listened to a couple people speak about russia. suddenly it's interesting to me when i see the etfs down almost 45, 50, 60, 70% from five and six and seven years ago. we're down to price-to-earnings multiples of -- depends on whether you believe they're price-to-earnings at all. something less than ten. maybe as low as five. some guys i've even heard said it can be priced at something close to four. let's say it's simply extraordinarily cheap. obviously you h

the same with potomac edison. dominion has over 100 households out. no word on whether that is because of the weather. seven is on your side helping you stay warm if your power goes out. you do not want to be without heat tonight. on your screen are a few of the major heating centers around the area. we have a complete list online for you at our website wjla.com. abc 7 is your storm watch weather station. stay connected with us on the go by liking us on facebook and all of us on twitter. we are also sending you alerts through our free smartphone app to keep you ahead of the weather. new tonight, danish authorities say a shooting in copenhagen was a terrorist attack. one person was killed, three police officers were wounded. it happened during a free speech event honoring artists. he has been getting death threats since he depicted the prophet mohammed as a dog in 2007. he was uninjured but says that he believes he was the intended target in today's attack. more than 75 firefighters were called to this town house in gaithersburg. unattended cooking cau

that's today on "everyday edisons."

this includes two charter schools, thomas edison, charter academy and greater arts charter school. more than 2100 families have made deposits and ooefr the -- over the course of the program. these families have saved more than $987,000. so about a million dollars. what's significant about this is that 50 percent of the families that have actually saved money for this program, actual --ly qualify for free or reduced lunch. it's showing you that low income families that are actually setting money aside to send their kids to college. i'm very proud and grateful for the pressure in this is leadership in this and now this is being replicated in other parts of the country. the second item i have is in memoriam. i want to acknowledge bob garcia and the entire family of the department of public health which is joining us for michael baxter. he died last week at home surrounded by his loving family. since 1986 michael baxter has been an advocate for youth and families that are served by the department of public counties in san francisco. he worked tirelessly with young adults living with hi

. >> he walked that line explaining it to thomas edison. that would be the conversation to hear. >> reporter: there are hands on exhibits for kids and adults to experience today's latest technology. >> the thing we're really trying to focus on is the juxtaposition between then and now. >> reporter: the ukelele was introduced in 1915. it's all on display for the public to remember and enjoy. allie rasmus. >>> sunny skies and warm weather greeted all those that took part in a race in san francisco bay for a good cause this morning. a little crazy. it was an opportunity to act goofy and raise money for the special olympics. it followed a walk and run, and costumes were encouraged. the san francisco police department was out in force to take a dip in the chilly waters to support the athletes overcoming various challenges to participate in the games. >> all they really need is the money, and they raise it all privately, so here's a thousand people right here adding a third piece of the puzzle, so those 16, 17,000 athletes can compete in the 160

. >> thomas edison. >> thomas edison? all right, good morning everybody, 5:31.ing up to an overturned tractor trailer in downingtown. it is the westbound lanes of the 30 bypass, closed, between 340 and reese ville road. now, sounds like they're trying get this guy out of there. so there could be temporary closures, and openings throughout the next hour or so. play it safe. if you're headed westbound this morning out every downingtown, go for business route 30. here is a live look at i95 northeast philly. northbound 95, an accident, north of academy road. you can see police are on the scene here. this is the stretch, it is just outside of the city why we don't have the overhead street lamb innocence this area. soap, it is a little difficult to actually see the crash scene here. again, it is 59 north north of academy. the benny good morning coming into downtown, don't forget if you use the patco high-speed line, beginning tomorrow, and friday, could be some problems and delays, because that far track work in the signal problems coming. we'll remind that, remind bu

we have thomas edison in 1890. i love this picture.alize, but he was largely deaf after 14. but we have the photograph, which he presented as a patent. kind of comes full circle. the photograph was brought to the patent office building which is the national portrait gallery. we have a picture in 1982 of steve jobs. we can look -- if we want to look at oracle rice, we have a millionaire ehrhardt -- amelia earhart, and buzz aldrin and michael collins in 1969. this is one of my favorite pictures. i use this as a way of talking about the problems we face and the challenges we have. i love this picture. i have been a little obsessed one might say. it is called men of progress. it is from 1862. these are the brightest minds in invention. we are telling the whole world we are smart and an innovative country. can see various patents that have come to the patent office buildings. you may not be able to see it here. this is colt with his gun. the telegraph in the corner. all of these individuals are being sort of looked at by the ultimate indivi

con edison -- i have buddies that work for con edison. -lemonis: the electric company? -sal: yeah, the electric. fabio: delta, another one. -lemonis: somebody you knew? -fabio: [ laughs ] it actually is a good friend of mine. lemonis: maybe we need to hire some salespeople. nick: well, i don't know about that. lemonis: you can't even rattle off to me the customers that you have. nick: i have a lot of relationships with a lot of my customers, and they'll recommend me -- lemonis: the relationships seem to be coming from him. nick: no, but i have tons of relations, but they're not big companies. lemonis: have you ever pitched to any big customers? nick: uh... off the top of my head, no. lemonis: sales in this company are everything, and after seeing that nick doesn't really even know who his customers are, i want to see him in action. i'm taking him to a local business to see what his sales pitch is like. -good morning. -jonah: good morning. -lemonis: jonah? -jonah: yes. hi. lemonis: i'm marcus. how are you? nick: how are you doing? nick meola, artistic stitch. jonah: hi.

he also boosted had his stake in ebay, sun edison, and american airlines group. they cut their stake in petroleum. so that oil trade playing out again. and they are completely out of fed exshares. so interesting moving here. third point, we move on to appleoosa is getting out. they've at least reduced their stake in american airlines group as well as priceline. they have completely dissolved, gotten out of their positions in facebook as well as alibaba. also cvs and citigroup as well. and they've gotten out of their halliburton stake completely. and we'll end on green light capital, david einhorn. they've reduced their position in etna by more than half. they've also reduced their position in apple by about half a million shares. they've taken a new position in time warner. a lot of these coming through here, the first few appaloosa, green light. we'll bring more details but for right now big money managers disclosing. >> thanks, dom. grasso, what stands out to you here? >> darko getting out of that position and into phillips. you look at the refining market, the

thomas edison once electrocuted an elephant to prove ac electricity was unsafe.use it, by the way. the horseless carriage was once banned in cities. we drive cars right now. those flying contraptions. nobody said those were safe. this is the real world. find out how to deal with drones. don't ban them. >> i don't think you care about beer delivery, but what do you think about this? >> they've got to ban these drones federally before it becomes something you think you deserve like a dishwasher. these things are dangerous. there is some mechanism determining if you can fly one of these things safely. forget the potential terror problem. they are dangerous, a hazard and noisy. i don't think people should have as many cars. i think an unmanned flying vehicle doesn't deserve to be in the hands of all americans. >> you are a new yorker. >> i liken it to if you live in a nice apartment building, someone is responsible for making sure the paint doesn't peel and there's not things buzzing around the ceilings when you go to get your mail stuff like that. the united states,