166
166
tv
eye 166
favorite 0
quote 0
connell: elizabeth macdonald, thank you. dagen: it is a quarter till the hour.ow and every 15 minutes. a big loser today. nicole: we are looking at the markets. let's start off with the mover. everybody knows gas for their jeans and hot ads. what we are looking at is a stock that has been selling off and moving to a new 52 week low. a couple of senior executives including the chief financial officer are actually leaving the company in order to pursue other interests. jeffries came out and downgraded the stock as well from a whole to a buy. clearly they said it is not significant and leadership is in flux. it brings a little uncertainty, but, maybe change is good. we will see. we see the dow jones industrials down about one quarter of 1%. we have six tiles and set of ten. back to you. connell: breaking news just coming in. getting power back on in some of @hese hard hit areas. 3.6 million in the northern u.s. are without power. that is progress. the peak was 8 million plus. now it is down to 3.6 million. we are getting there slowly, but surely. we have the govern
connell: elizabeth macdonald, thank you. dagen: it is a quarter till the hour.ow and every 15 minutes. a big loser today. nicole: we are looking at the markets. let's start off with the mover. everybody knows gas for their jeans and hot ads. what we are looking at is a stock that has been selling off and moving to a new 52 week low. a couple of senior executives including the chief financial officer are actually leaving the company in order to pursue other interests. jeffries came out and...
325
325
Nov 21, 2012
11/12
by
FBC
tv
eye 325
favorite 0
quote 0
elizabeth macdonald with more. i think private equity is licking their chops to buy these brands. >> basically what we're seeing is breaking news, hostess brands saying an interested buyer toured a plant yesterday for the fruit pies. so there might be some salvation. and other names being kicked about as to the potential acquirer could be to rescue twinkies and dolly madison and in domes and ho ho's. here is who we are hearing about. this is a private equity firm, they own chef boyardee, with your beer and tuna. and look at this, flour and foods. they own tasty cake, c. could see them riding around with tasty cakes, they also own betsy ross and others. what would happen and they pulled it out of bankruptcy, do you still have to deal with the union? the bakers union, yes. but the big fight really with good wage and cost and death at the company. they will still have to deal with the unions. but have to get some workers. it would be hard to get it ramped up and going as quickly as they could. this is an operation in
elizabeth macdonald with more. i think private equity is licking their chops to buy these brands. >> basically what we're seeing is breaking news, hostess brands saying an interested buyer toured a plant yesterday for the fruit pies. so there might be some salvation. and other names being kicked about as to the potential acquirer could be to rescue twinkies and dolly madison and in domes and ho ho's. here is who we are hearing about. this is a private equity firm, they own chef boyardee,...
171
171
tv
eye 171
favorite 0
quote 0
macdonald. stuart: no, elizabeth is what stopped me. .my queen. >> a lot of people call me queen this morning. stuart: nicole, caterpillar, one of the leaders in the dow. >> i'm impressed. you always say nicole petallides so easily and let's take a look at caterpillar, the best performer on the dow jones industrials as we rebuild in the aftermath of sandy and the dow is pop up 150 points right now, but there are so many names that are obviously going to be moving and no pun intending, earth moving equipment, right? not only will we see names like caterpillar, but home depot, generac for generators and names from sandy gotten a pop. stuart: and ism reading, essentially the manufacturing sector. it came in last month. flat compared to the month before and the manufacturing index red 51.2, i think it was, or-- 51.7 was the reading, really flat compared to september, but that's not holding back the dow industrials which are now up, 144 points. and all kinds of numbers released, and showing a fairly-- i'm not going to say a favorable view of t
macdonald. stuart: no, elizabeth is what stopped me. .my queen. >> a lot of people call me queen this morning. stuart: nicole, caterpillar, one of the leaders in the dow. >> i'm impressed. you always say nicole petallides so easily and let's take a look at caterpillar, the best performer on the dow jones industrials as we rebuild in the aftermath of sandy and the dow is pop up 150 points right now, but there are so many names that are obviously going to be moving and no pun...
177
177
Nov 30, 2012
11/12
by
FBC
tv
eye 177
favorite 0
quote 0
elizabeth macdonald has been reporting from that area since sandy hit, even volunteering her time tothe recovery. we get a reaction to this in just a moment. looked at this. >> i guess you don't want to have to be. >> we are totally lost. we cannot go nowhere. i don't know what is going on here. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. but when i was in an accident... break from the holiday stress. i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. so i never missed a beat. at's health in numbers. unitedhealthcare. >> going around in circles, everyone of these people here -- >> [shouting] stuart: clearly angry residents in staten island, new york, think they have been forgotten by the federal year emergency management association -- agency. the new cycle has moved on perhaps because of the election but we have not forgotten t
elizabeth macdonald has been reporting from that area since sandy hit, even volunteering her time tothe recovery. we get a reaction to this in just a moment. looked at this. >> i guess you don't want to have to be. >> we are totally lost. we cannot go nowhere. i don't know what is going on here. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday...
195
195
Nov 21, 2012
11/12
by
FBC
tv
eye 195
favorite 0
quote 0
elizabeth macdonald joins us with all the details. >> what is so interesting is who could be stepping forward. they own pabst blue ribbon beer, bumblebee tuna. sit down with your beer and have a twinkie. bluebird and others. what is interesting, we have rake news, hostess just put out a statement about the bankruptcy judge has approved the liquidation of the company. the timeframe will happen within four months, they will retain 3200 workers to wind down the company. 180500 people will be out of a job in the coming months. host is not missing anything, not pulling any punches. so they launch a crippling strike that effectively forced the company to liquidate itself because the company was underwater on the balance sheet, this essentially would put us under was inflated cost structure from union agreements 15,000 of them are in a union. they basically tried to work with the unions for about a year and a half. the bakers union was problemat problematic. lauren: are they mad at the bakers? >> the bottom line here, the silver lining is these iconic american brands ma they still sy with us
elizabeth macdonald joins us with all the details. >> what is so interesting is who could be stepping forward. they own pabst blue ribbon beer, bumblebee tuna. sit down with your beer and have a twinkie. bluebird and others. what is interesting, we have rake news, hostess just put out a statement about the bankruptcy judge has approved the liquidation of the company. the timeframe will happen within four months, they will retain 3200 workers to wind down the company. 180500 people will be...
128
128
Nov 12, 2012
11/12
by
FBC
tv
eye 128
favorite 0
quote 0
elizabeth macdonald is in a neighborhood in queens. liz? with with the former chief of the new york city fire department. also ran the rescue and recovery of 9/11 and oversaw that. and pete and i were just sharing story about a fireman about 15 blocks north of here charles who basically when the 7 foot flood tide came into his beach property had to rescue his three children by strapping them to his back, wading into the floodwaters to higher ground. he then returned to rescue his elderly in-laws and his wife and then went back again to get 59 -- to get a 90-year-old woman. and pete also has family affected by sandy. what was the impact of sandy on your family? >> all five of my children have homes down here and they all lost their homes including myself. liz: all five of your children lost their homes? >> yes. liz: you lost your home as well in. >> yes, i got flooded out also. liz: what do you make of the government's response here? >> slow initially. particularly the large government federal agencies, fema. but fema once they got on the gr
elizabeth macdonald is in a neighborhood in queens. liz? with with the former chief of the new york city fire department. also ran the rescue and recovery of 9/11 and oversaw that. and pete and i were just sharing story about a fireman about 15 blocks north of here charles who basically when the 7 foot flood tide came into his beach property had to rescue his three children by strapping them to his back, wading into the floodwaters to higher ground. he then returned to rescue his elderly...
143
143
Nov 22, 2012
11/12
by
FBC
tv
eye 143
favorite 0
quote 0
our very own elizabeth macdonald joins me with the untold story.his is the irreplaceable cost of a hurricane. >> that's right. this is usually a beach area. and it's it's east and breezy point and just west of rock away. what we are looking at right now is a growing land fill. a heartbreaking and shocking state -- site. the debris from 11 towns devastated by hurricane sandy. it's not just the neighborhoods. its entire business districts in the gap in this temporary landfill that grew up out of nowhere, grew out of the last three weeks. one-and-a-half miles long. it's about the weight of a u.s. space station, and it's bigger than the weight of the empire state building. what we're looking at right now, around the clock 1800 garbage trucks have been moving in and out, bringing in debris. they have been going full tilt 247, even before the hurricane hit. well real looking at, they are using sand that was on the beach box that ended up from the flooding, using it as what are called berms to stop any hazardous waste from the losing end to the environmen
our very own elizabeth macdonald joins me with the untold story.his is the irreplaceable cost of a hurricane. >> that's right. this is usually a beach area. and it's it's east and breezy point and just west of rock away. what we are looking at right now is a growing land fill. a heartbreaking and shocking state -- site. the debris from 11 towns devastated by hurricane sandy. it's not just the neighborhoods. its entire business districts in the gap in this temporary landfill that grew up...
225
225
tv
eye 225
favorite 0
quote 0
elizabeth macdonald live on staten island right now. i want to relate this to the election.e did some exit polling and 42% of people said the storm was a factor in the election and 15% said it was the most important factor. you were standing on staten island waiting for another storm. liz: let me set the scene. we were in the heart of the business district in staten island. less than a mile away, presidents have described what can only be described as a terrifying wall of water that not just went up the block but through the sewage pipes and the plumbing system and started getting their houses and wrecking their homes and small businesses. un charles and sandra have talked about the american entrepreneurial spirit, the idea you are not victims but struggling in a common cause, small business here, trying to rebuild and feeling they're going to be sucker punched by at nor'easter that is bearing down. winds a picking up and temperature is dropping. as i enter this bill and not want to show you the water line. this is how high the water can and it ruined the businesses in the a
elizabeth macdonald live on staten island right now. i want to relate this to the election.e did some exit polling and 42% of people said the storm was a factor in the election and 15% said it was the most important factor. you were standing on staten island waiting for another storm. liz: let me set the scene. we were in the heart of the business district in staten island. less than a mile away, presidents have described what can only be described as a terrifying wall of water that not just...
176
176
Nov 26, 2012
11/12
by
FBC
tv
eye 176
favorite 0
quote 0
he tells with elizabeth macdonald on that story.e go down to nicole petallides on the new york stock exchange. we started a little bit lower. not really fun at the holiday week. nicole: we're about 30 points off of the earlier lows of the day. most have been in the red all day long going sector to sector. the dow down over half of 1%. however, we have seen four straight weeks of selling. we're up over 400 points. there are still concerns about the fiscal cliff, which he noted. united health care, one of the big losers on the dow missing analyst expectations, so it has come under some pressure. also looking at mcdonald's, which is now coming under some pressure after an analyst downgrade where they cut it from a neutral to a buy. that is another name that has been weighing on the dow. tracy: thank you, nicole. in case you missed the mad dash of deals on black friday, don't worry, today is cyber monday. retailers are competing hard for your cyber dollars. adam shapiro at the fulfillment center in phoenix, arizona, with more. i think t
he tells with elizabeth macdonald on that story.e go down to nicole petallides on the new york stock exchange. we started a little bit lower. not really fun at the holiday week. nicole: we're about 30 points off of the earlier lows of the day. most have been in the red all day long going sector to sector. the dow down over half of 1%. however, we have seen four straight weeks of selling. we're up over 400 points. there are still concerns about the fiscal cliff, which he noted. united health...
208
208
Nov 28, 2012
11/12
by
FBC
tv
eye 208
favorite 0
quote 0
elizabeth macdonald is here with more. >> we have 800 companies that send a letter to senator harry reidg, look, this tax which will raise $30 billion over ten years is supposed to be for healthcare reform, well, guess what, it is going to hurt job creation. i will teel you something, it is paid on sales, not profits, but the companies have to pay the tax even if they do not have any profits. they operate thin margins. here is what the letter writers warned: also look at impacting other people. patient care, increase cost of healthcare, as well as jobs. why tax device manufacturers as if they are taxing alcohol or cigarettes. that is what it is and excise tax on sales. ge healthcare, santa fe, the tax rate that these guys face, pacemakers, devices for brain surgery, prosthetics for returning soldiers, get this, 80%. state, local, federal. [talking over each other] dennis: that is one of the few major manufacturing hedges we have for medical equipment. r and d getting outsourced to other countries right now. cheryl: what you think this will do to the industry overall? let's not make this
elizabeth macdonald is here with more. >> we have 800 companies that send a letter to senator harry reidg, look, this tax which will raise $30 billion over ten years is supposed to be for healthcare reform, well, guess what, it is going to hurt job creation. i will teel you something, it is paid on sales, not profits, but the companies have to pay the tax even if they do not have any profits. they operate thin margins. here is what the letter writers warned: also look at impacting other...
165
165
Nov 20, 2012
11/12
by
FBC
tv
eye 165
favorite 0
quote 0
it must be elizabeth macdonald time. >> companies expected to give out special dividend.o market. it does not just include walmart. also, tyson, carnival -- we will be showing you a squirrel of the companies. look at walmart. tax rate issues may not be a result. here is what walmart said about issuing its special dividend. moving up the dividend is in the special interests of shareholders. here is what steve said about dividends. taxes going up almost 40%. dividends often are affected by tax hikes of government. shareholders do not get dividends. uncle sam does not get the tax revenue. it is what happened when basically the dividend tax rate held in 1997 and capital gains were cut. we did see a plunge in the s&p 500 companies. they cut them. when that was reversed in 2003, when they dropped, that basically, you saw a 20% spike higher. connell: we will get some early gives. that squirrel, by the way, was great. you should put a few things in there to see if people were paying attention. dagen: that was very nice. connell: to former homeland security. he was just hired by t
it must be elizabeth macdonald time. >> companies expected to give out special dividend.o market. it does not just include walmart. also, tyson, carnival -- we will be showing you a squirrel of the companies. look at walmart. tax rate issues may not be a result. here is what walmart said about issuing its special dividend. moving up the dividend is in the special interests of shareholders. here is what steve said about dividends. taxes going up almost 40%. dividends often are affected by...
128
128
Nov 12, 2012
11/12
by
FBC
tv
eye 128
favorite 0
quote 0
elizabeth macdonald has been all over this. >> that is right.ber of national guard trucks going in with paramedics on a search and rescue mission to get people out of their homes. the majority of homes in this area are without power, connell. we are in a community of first responders of an 11. this happens to be the anniversary of when that jumbo -@jet crash after 9/11. this church is running an operation to give donations to people who are in desperate need as it turns chilly and damp out here. people are using debris out of the streets to burn in their fireplaces. we saw people using surfboards. we are standing here with john brown who is running this operation. >> my reaction is it is a song that took us by surprise. we are so used to different type of storms hit that often times people do not evacuate. i think people got a little apathetic and we did not evacuate and it overtook us quickly. i am not surprised at the response of the people. the people in this neighborhood are very resilient. they do come back and help each other. >> how laype
elizabeth macdonald has been all over this. >> that is right.ber of national guard trucks going in with paramedics on a search and rescue mission to get people out of their homes. the majority of homes in this area are without power, connell. we are in a community of first responders of an 11. this happens to be the anniversary of when that jumbo -@jet crash after 9/11. this church is running an operation to give donations to people who are in desperate need as it turns chilly and damp...
183
183
Nov 26, 2012
11/12
by
FBC
tv
eye 183
favorite 0
quote 0
elizabeth macdonald is with us. sandra smith is here.llides on the floor of the new york stock exchange. nicole to you first. i see facebook stock up again. why today? nicole: a great day for facebook. take a look at the stock, up over 6%. this only tacks on to what we have been seeing recently for facebook. today it's an analyst upgrade from bernstein. upgrading facebook to outperform from a market perform. when you look at longer term trend, over 26 weeks, it's down about 25%. but the last three months, it's up over 20%. so it shows a real about-face here for facebook. stuart: that's interesting because i see amazon has now turned around, up about a buck and a half. i see apple up about $7. so three of the big splash technology companies, they are up this monday morning. i don't think they have got anything in common, but they are all up. nicole: they each have their own good headline. that's a good start. stuart: i think you are right. you need a good headline and up you go. nicole thank you very much. >>> big story today, is republic
elizabeth macdonald is with us. sandra smith is here.llides on the floor of the new york stock exchange. nicole to you first. i see facebook stock up again. why today? nicole: a great day for facebook. take a look at the stock, up over 6%. this only tacks on to what we have been seeing recently for facebook. today it's an analyst upgrade from bernstein. upgrading facebook to outperform from a market perform. when you look at longer term trend, over 26 weeks, it's down about 25%. but the last...
200
200
tv
eye 200
favorite 0
quote 0
gasoline shortage continues massive lines make it impossible to drive off propellants head to elizabeth macdonaldtuation is not better part of the temperature dropped 10 degrees. this is going full tilt doubling the output because they're running on a generator. aligns are stretching 2 miles troopers are here to stop the address. we have the cashier. you we're doing crowd control? >> people throwing kathy -- coffee at each other. unfortunately at customer came to me that somebody had thrown hot coffee. >> did you call the cops have? >> they are here we did let them know. it looked like she was a lot of pain. >> we are about 40 miles north of new york city. back to you. tracy: 10 miles from my house. people are angry. to third seven gas stations are still closed according to aaa only 35% are actually a operating waiting hours. why is this happening? we have the president, andy, when will it get better? it feels like a third world countries. >> it is starting to get better. we have terminals open that well be receiving resupply. the biggest bottleneck is a tunnels in new jersey. cannot deliver to t
gasoline shortage continues massive lines make it impossible to drive off propellants head to elizabeth macdonaldtuation is not better part of the temperature dropped 10 degrees. this is going full tilt doubling the output because they're running on a generator. aligns are stretching 2 miles troopers are here to stop the address. we have the cashier. you we're doing crowd control? >> people throwing kathy -- coffee at each other. unfortunately at customer came to me that somebody had...
375
375
Nov 15, 2012
11/12
by
FBC
tv
eye 375
favorite 0
quote 0
we turn to our ever faithful elizabeth macdonald who has been now all these different areas.s in queens. what do you see today? i can't even imagine. liz: this is normally a beach area. this is a parking lot to a popular beach area and what we're seeing here, the remains of a neighborhood in 11 or 12 towns in the rockaways and howard beach and entire business districts, so you see matterses, a dryer, car seats. i'm holding around my hands photos from photo albums, a golf ball, christmas decorations on the ground around me. what is happening right now, this amount of trash even today has grown to three stories and wi the power comes back, you llll see this grow even bigger. the president gave a shout out to sanitation workers who are the first responders. we are hearing from the sanitation department this is a local problem and local first responders were the garbage guys who cleared out the way for fire trucks to get in and stop the fire is burning down homes. what is happening is trucks, 1800 trucks a day, the weight of this is approaching the weight of the space station, 4,
we turn to our ever faithful elizabeth macdonald who has been now all these different areas.s in queens. what do you see today? i can't even imagine. liz: this is normally a beach area. this is a parking lot to a popular beach area and what we're seeing here, the remains of a neighborhood in 11 or 12 towns in the rockaways and howard beach and entire business districts, so you see matterses, a dryer, car seats. i'm holding around my hands photos from photo albums, a golf ball, christmas...
214
214
Nov 30, 2012
11/12
by
FBC
tv
eye 214
favorite 0
quote 0
elizabeth macdonald has been investigating this one. >> you were talking about this earlier.ake a look at this. only one week, 1.5 weeks of government spending. that is a hike in the offer to bracket, not just the top bracket. but, as for fair share, take a look at what the top 1% pace. they pay yearly 40% of all federal personal income tax. they make about a fifth of adjusted gross income. top 5% pay nearly 60% of federal personal income tax revenues. they make about a third of all income. you will see 71% is their fair share. they are responsible for about 45% of all income. the bottom 50%, their affective share is now running around 2.4%. we get it. we get that that includes senior citizens and ella terry. lori: that is a good idea. >> they are actually paying less about pie. what will you do, if you raise government spending 4% every year, can you really raise taxes 4% every year? no. lori: if we don't have meaningful spending cuts, there is no budget deal. >> went well tax increases be called austerity. lori: if you have this huge gap, would you just look for more ways?
elizabeth macdonald has been investigating this one. >> you were talking about this earlier.ake a look at this. only one week, 1.5 weeks of government spending. that is a hike in the offer to bracket, not just the top bracket. but, as for fair share, take a look at what the top 1% pace. they pay yearly 40% of all federal personal income tax. they make about a fifth of adjusted gross income. top 5% pay nearly 60% of federal personal income tax revenues. they make about a third of all...
318
318
tv
eye 318
favorite 0
quote 0
lori: elizabeth macdonald, you and everybody else hang in there. oil closing for the day.hat a move. down $84.44, that is a loss of about 5%. phil flynn at the cme, oil was too high to buy. fiscal policy: situation in europe continues to deteriorate. on the plus side prices at the pump continue to decline. coming up stocks under heavy pressure tracking the market's every move. tracy: president obama's victory guarantee that nothing can stop the health care law from going into effect. fox news senior editing manager dr. manny alvarez is here. tracy: and let's take a look at how the 30-year treasuries are faring. still down, 12 basis points. 1.63%. in your 30-year down 10 basis points. the dow down 282 points. we will be right back. >> i am robert gray wit robert r fox business brief. stocks were plunging in the wake of obama's reelection as they shift their focus to the looming fiscal cliff. with a focus on the fiscal cliff, moody's is talking about a possible downgrade to the u.s. credit rating. moody's will wait until he 2013 budget negotiations are completed before takin
lori: elizabeth macdonald, you and everybody else hang in there. oil closing for the day.hat a move. down $84.44, that is a loss of about 5%. phil flynn at the cme, oil was too high to buy. fiscal policy: situation in europe continues to deteriorate. on the plus side prices at the pump continue to decline. coming up stocks under heavy pressure tracking the market's every move. tracy: president obama's victory guarantee that nothing can stop the health care law from going into effect. fox news...
191
191
Nov 28, 2012
11/12
by
FBC
tv
eye 191
favorite 0
quote 0
elizabeth macdonald is here with much more. we're talking about the medical device makers, talking about the taxes for some time now. >> hb 800 companies and groups sent a letter to senators harry reid, mitch mcconnell and others to say that they want repeal of the medical device tax as part of the fiscal cliff deal, this is a tax not on profits, on sales, on revenue. even if you post losses you still have to pay the tax. here's what the letter writers are warning about. if it passes, it will adversely impact patient care can increase cost of health care and adversely impact jobs. it's a 43,000 jobs could be lumped medical device makers. pacemakers, stopping brain aneurysms including prosthetics for soldiers returning from overseas and the issue is why you're hitting us with an excise tax on sales? they did a study which found when you do the math it is actually 80% in federal, state and local including the excise tax. lori: why would they go throughr the medical device makers? the tanning bed tax, the kind of understand. >> he
elizabeth macdonald is here with much more. we're talking about the medical device makers, talking about the taxes for some time now. >> hb 800 companies and groups sent a letter to senators harry reid, mitch mcconnell and others to say that they want repeal of the medical device tax as part of the fiscal cliff deal, this is a tax not on profits, on sales, on revenue. even if you post losses you still have to pay the tax. here's what the letter writers are warning about. if it passes, it...
221
221
Nov 20, 2012
11/12
by
FBC
tv
eye 221
favorite 0
quote 0
elizabeth macdonald is here with her bottom line. it is like a flood. they have opened the floodgates. >> 109 companies are expected to issue special dividends. it is not just wal-mart or tyson. it is companies like carnival corp. everybody is piling in here. december dividend bonanza. because tax rates to going to go up the, dividend tax hikes. steve wynn, the ceo of wynn resorts, he's coming out, not just today but he said already in october, about the dividend tax hike, and here's what he said, take a listen -- rather read what he said here. he said dividends: >> when we saw this happen, when the capital gains tax rate was cut, remember that dividend taxes rather stayed the same, companies, the number of companies issuing dividends dropped by 20%. and then when that was reversed in 03, what happened? in other words dividend taxes were cut in 03, 20% more companies issued dividends. >> the government is not going to get the tax. it is just not going to happen. >> that's right. >> everybody is going to suffer later. >> that's right. >> without those pa
elizabeth macdonald is here with her bottom line. it is like a flood. they have opened the floodgates. >> 109 companies are expected to issue special dividends. it is not just wal-mart or tyson. it is companies like carnival corp. everybody is piling in here. december dividend bonanza. because tax rates to going to go up the, dividend tax hikes. steve wynn, the ceo of wynn resorts, he's coming out, not just today but he said already in october, about the dividend tax hike, and here's what...
255
255
Nov 15, 2012
11/12
by
FOXNEWSW
tv
eye 255
favorite 0
quote 0
fox business network's elizabeth macdonald is live in queens, new york, with more. liz?reporter: that's right, megyn. and, you know, just walking around here i'm picking up just around me photographs that we are finding littered on the ground that are here in this unfortunate, this big landfill. it's a new landfill, it's now the biggest in new york state. it holds the remains of entire neighborhoods and business districts. there are about 11 towns on this peninsula that's called the rockaways. and what we're seeing here, megyn, is essentially what happens after a hurricane or a big storm devastates an area. it really is a local operation, not a federal one. and the first responders we're finding are the sanitation guys who come in and basically clear the debris, and we're here with chief joe hickey who was with the new york sanitation department. we're about 7 miles, by the way, outside of the freedom tower which looks, is off in the distance. and, chief hickey, can you tell us a little bit about how this is a local response, and when did fema come many? when did you see
fox business network's elizabeth macdonald is live in queens, new york, with more. liz?reporter: that's right, megyn. and, you know, just walking around here i'm picking up just around me photographs that we are finding littered on the ground that are here in this unfortunate, this big landfill. it's a new landfill, it's now the biggest in new york state. it holds the remains of entire neighborhoods and business districts. there are about 11 towns on this peninsula that's called the rockaways....
231
231
Nov 27, 2012
11/12
by
FOXNEWSW
tv
eye 231
favorite 0
quote 0
fox business network's elizabeth macdonald has more. >> reporter: the cost is $71 billion.for hurricane katrina it's $110 billion. the way it breaks down is $43 billion all in for new york state, about $30 billion for new jersey. add about $41 billion for new york, it's $19 billion for new york city and another $9 billion in costs to protect the power grid going forward. so, yes, hurricane sandy ranks near the top of all u.s. natural disasters in terms of cost, but it doesn't approach the full cost of hurricane katrina right now, jenna. jenna: some important context for us there, liz. who's going pay for the billions and billions? >> yeah, that's an important question. 75% of the reimbursement costs for things like mass transit is covered by the federal government; but now new york state and new jersey are asking the federal government to pay potentially 90% to 100%, and governor andrew cuomo of new york is saying, you know what? he does not want new york taxpayers to pay anything towards the cost of hurricane sandy. here is governor cuomo on that. >> to try to finance that
fox business network's elizabeth macdonald has more. >> reporter: the cost is $71 billion.for hurricane katrina it's $110 billion. the way it breaks down is $43 billion all in for new york state, about $30 billion for new jersey. add about $41 billion for new york, it's $19 billion for new york city and another $9 billion in costs to protect the power grid going forward. so, yes, hurricane sandy ranks near the top of all u.s. natural disasters in terms of cost, but it doesn't approach the...
345
345
Nov 23, 2012
11/12
by
FOXNEWSW
tv
eye 345
favorite 0
quote 0
elizabeth macdonald is with the fox business network. okay, liz, so who are these corporations, and what exactly are they saying? >> good to be with you, arthel. it's walmart, cvs and wall greens. walmart or is basically saying, look, customers don't need the uncertainty over tax increases, and let's get to cvs caremark because these two drug store chains are basically making rare public policy statements that we've never seen before from these companies. they're urging washington to avoid the fiscal cliff. cvs caremark is essentially saying, look, our customers are hard working american families, they make decisions on the budget. they've been faced with, basically, persistent high unemployment, fragile economic growth, and they want to know that d.c. is working on their behalf. so and that was also the same sentiment that you heard out of walgreens. walgreens also saying, basically, the health of the u.s. economy, the recovery and american families depends on a consensus agreement in washington, d.c. to avoid the fiscal cliff, and walg
elizabeth macdonald is with the fox business network. okay, liz, so who are these corporations, and what exactly are they saying? >> good to be with you, arthel. it's walmart, cvs and wall greens. walmart or is basically saying, look, customers don't need the uncertainty over tax increases, and let's get to cvs caremark because these two drug store chains are basically making rare public policy statements that we've never seen before from these companies. they're urging washington to...
282
282
Nov 5, 2012
11/12
by
KPIX
tv
eye 282
favorite 0
quote 0
>> your realtime captioner: linda marie macdonald >>> good afternoon, i'm elizabeth wenger. frank and michelle are off today. >>> it is nonstop for barack obama and mitt romney. they have less than 24 hours now to convince the nation's undecided that they are the right guy for the next four years. danielle nottingham is tracking both candidates today. >> reporter: elizabeth, the white house hopefuls have been pushing it hard the last few days with events across the country. and with the race so close, they are both bringing along some big name help. ♪ [ music ] >> reporter: mitt romney kicked off his last campaign day in florida, where voters will help awarded biggest battleground prize. >> we can begin a better tomorrow, tomorrow and with the help of the people in florida, that's exactly what's going to happen. [ applause and cheers ] >> reporter: the republican nominee is on a final tear through the states that will decide who wins the white house. >> god bless the people of wisconsin. >> i need iowa. >> cleveland really does rock! >> reporter: president obama is spending
>> your realtime captioner: linda marie macdonald >>> good afternoon, i'm elizabeth wenger. frank and michelle are off today. >>> it is nonstop for barack obama and mitt romney. they have less than 24 hours now to convince the nation's undecided that they are the right guy for the next four years. danielle nottingham is tracking both candidates today. >> reporter: elizabeth, the white house hopefuls have been pushing it hard the last few days with events across the...
458
458
Nov 24, 2012
11/12
by
KPIX
tv
eye 458
favorite 0
quote 0
macdonald. >>> i'm allen martin. >> i'm elizabeth cook in for dana king tonight.o the door for deals, walmart employees and supporters are giving the megaretailer a black mark. >> walmart seeing workers protest for better wages and healthcare. cbs 5 reporter linda yee is in san leandro with how that message is being received tonight. >> reporter: dozens of demonstratedders were out here this afternoon determined to to let the public know about working conditions here in walmart. demonstrators tried to move the protests inside the san leandro walmart but were stopped by store security. some workers complained about poor working conditions and unfair treatment and cheap pay. this person said she was fired when she staged a sit-in after suffering verbal abuse. >> we have a cart machine broken for four months. i have to buy my own shoes insoles and back brace and put carts all day. that's wear and tear and i don't appreciate that. they make billions and they can't supply us with the materials we need to do the job. >> walmart we won't go away ♪ >> reporter: a union ba
macdonald. >>> i'm allen martin. >> i'm elizabeth cook in for dana king tonight.o the door for deals, walmart employees and supporters are giving the megaretailer a black mark. >> walmart seeing workers protest for better wages and healthcare. cbs 5 reporter linda yee is in san leandro with how that message is being received tonight. >> reporter: dozens of demonstratedders were out here this afternoon determined to to let the public know about working conditions here...
451
451
Nov 23, 2012
11/12
by
KPIX
tv
eye 451
favorite 0
quote 0
macdonald >>> good evening. happy thanksgiving. i'm elizabeth cook. >> i'm allen martin.a sure sign this will be a healthy holiday season. >> black friday is creeping into thanksgiving day. many bay area retailers opened their doors this morning and there was no shortage of bargain hunters. don knapp is watching the flow of shoppers. >> reporter: we're about to go live. i'll talk to you in a minute. i have talked to miss curry about it. she knows all about it. >> who? >> reporter: miss curry. yes. >> reporter: 'tis the day before black friday, why are they shopping on thanksgiving? >> the deals. >> the deals. they have a lot of specials. we are exercising the online option too to buy things online. >> reporter: old navy has been bucking the black friday trend opening a day early. are you jumping the gun here? >> no. we are getting people to come in and shop with us a day and getting them to come back tomorrow. >> so some of these people back in line tonight? >> i guarantee they will be back tonight in line at the at midnight. >> we did an early breakfast and are taking ad
macdonald >>> good evening. happy thanksgiving. i'm elizabeth cook. >> i'm allen martin.a sure sign this will be a healthy holiday season. >> black friday is creeping into thanksgiving day. many bay area retailers opened their doors this morning and there was no shortage of bargain hunters. don knapp is watching the flow of shoppers. >> reporter: we're about to go live. i'll talk to you in a minute. i have talked to miss curry about it. she knows all about it....
250
250
Nov 14, 2012
11/12
by
FOXNEWSW
tv
eye 250
favorite 0
quote 0
here to fact check the potential increases liz macdonald from the fox business network. hi, elizabethood to be with you. the president has said this about his tax hikes hurting small businesses quote, 97% of small businesses will not be affected by tax hikes. in other words 97% of small businesses fall under the 250,000 threshold the president says that will not be affected. however that 97% of small businesses include people who don't hire workers. for example, it includes individuals who sell whatever they can on ebay and report that income to the irs as small business income. here is how the tax hikes will hit small businesses that report earnings on federal income tax returns. the president wants to raise income taxes plus capital gains and dividend tax rates and the president wants to phase out exemptions and deductions for the upper brackets. also, health reform will raise taxes on investment income that could hurt small businesses too. now according to the joint committee on taxation nearly 940,000 small businesses will be subject to these tax hikes that would take effect on ja
here to fact check the potential increases liz macdonald from the fox business network. hi, elizabethood to be with you. the president has said this about his tax hikes hurting small businesses quote, 97% of small businesses will not be affected by tax hikes. in other words 97% of small businesses fall under the 250,000 threshold the president says that will not be affected. however that 97% of small businesses include people who don't hire workers. for example, it includes individuals who sell...