we have been reporting on this all week long from elizabeth macdonald.orporate lending on the rise. ♪ ♪ dagen: stocks now and a lot to talk about when it comes to google. nicole: by the way, first of all, it is at 9/11 and change. that is pretty unbelievable watching google get closer and closer to 1000. what is going on. this stock was $250. obviously, there you can see a nice run-up. morgan stanley put a new price target up from 932. they have and over weight rating on google before thank you so much. larry page has vocal cord paralysis, but nothing else. connell: going from bad to worse for bloomberg news. dagen: word that a senate committee may investigate snooping by bloomberg reporters. elizabeth macdonald has done some of her legit snooping and here is what she has found out. liz: the peoples bank of china now weighing in saying it is concerned about the snooping allegations by bloomberg. the list is growing. the bank of england yesterday said they call this activity reprehensible. the bank of japan and england are the latest entrant to this growi

elizabeth macdonald is investigating.inute just ahead. ♪ ♪ >> 24 minutes past the hour. i have your fox news minute. moscow officials detained a u.s. diplomat. they accused him for working for the cia. russian officials claimed they caught him trying to recruit a russian agent. no comments yet from the u.s. embassy. vermont is set to allow assisted suicide. vermont would be the first day to pass the law through its legislature. there vermont house approves the aid in dying bill. in new jersey, britain's prince harry joined governor chris christie. to survey the damage. those are your headlines. i am patty ann brown. now back to cheryl and dennis. dennis: thank you. company trying to recover from the scandal. cheryl: elizabeth macdonald is on set with us. she joins us now for the bottom line. these terminals are on every trader's desk. they are very commonplace. those at home are worried that there could be more snooping on. liz: that is right, cheryl. the bank of japan is questioning the use of information that is posted

elizabeth macdonald will cover that for us.th news organizations and talking about first amendment rights. we will have the judge on to talk about that. as we are at the bottom of the hour, let's go down to nicole petallides for stocks now. nicole: gsw, designer shoe warehouse, it is all about the shoes. the current quarter, not that great. same-store sales the client. footwear accessories. their outlook are looking good. they raised their quarterly dividends 39%. extending a share repurchase program. that was set to expire in june. they are extending that. new high at these levels today. connell: there you go. and up stock in a down market. five suspects now under arrest. the biggest digital money laundering scheme in history. the suspects are from literary reserve. elizabeth macdonald is covering this story. she is joining us now. it puts this digital currency world in the crosshair. liz: in case anyone has been going in their personal wallet, they will want to pay attention very carefully. law enforcement is telling fox busi

elizabeth macdonald. bring her back.er can no longer use the fifth amendment to protect herself. >> i am not interested in who will resign. there are specific laws that pertain to irs employees. the attorney general indicated such earlier this week. it is a serious problem and i think it is our job to get to the bottom of it. dennis: we have juan williams with us. not even the oklahoma tornado death were able to bump this backlash off the front page. >> the democrats are upset about this as well as republicans. do not use the irs as an instrument of attack on your political opponents. dennis: what about the fact that elizabeth macdonald just reported this: >> i do not think that that will be the fuel for the fire year. there was a day louche of applications. the whole tea party of explosion of anger was suddenly a large number of tea party and atria groups who wanted to be, tax exempt and send applications in. what we have learned from the testimony so far -- i think you hit this earlier. they focus on conservative group

elizabeth macdonald just talked about that. connell: good stuff.e black interview should be interesting. dagen: sure working with the mayor. connell: to nicole now at the bottom of the hour. nicole: stocks now. we are going to do a little technology feature. this is after reports that its partner microsoft is considering an offer for the milk media digital play. do not forget, microsoft rd owns part of it. now, looking at the potential of moving in on the rest of it. you are seeing the stock really jumping. microsoft is virtually flat. that is the news that we are following. back to you. connell: thank you, nicole. dagen: companies lose $80 billion every year from employee absenteeism. connell: first of all, what do you make of it? is there something we can do about it way back we do not do well enough? i had a horrible thought the other day. i saw a very overweight, an obese woman having a cigarette and i thought, i have to pay for your healthcare. what we need to do is be more creative about it. insurance needs to encourage preventive care. we ne

elizabeth macdonald. thank you for that reporting.tock exchange. nicole: we are awaiting what he has to say. we are watching the markets. the dow jones industrials have really been down all day. the u.s. dollar, right now, gaining a little bit of strength. that is worth noting. oil and gold selling off. that is something we are also watching very closely. we took a look at jcpenney versus nordstrom which is hitting a new high today. we continue to follow names like netflix and tesla motors. the big picture, though, is we are obviously waiting on our president to hear what he has to say. back to you. connell: let's just tell you about our technology story today. while few are waiting for 4g on your phone, five, 5g already on its way. a high-frequency band that is currently being used. the currency is still being used. they hope to commercialize 5g by the year 2020. dagen: exactly. the president, again, we have prime minister cameron and president obama in the east room. they will get one question from each of the press corps, uk and th

elizabeth macdonald has more on this.rm because there are worries that it will make their old insurance coverage more costly. tracy: thank you, captain obvious. liz: you know what, we will back off. we are not as hot as we were on health reform. here are some quotes for you from union officials. essentially, house reform makes an untruth about what the president said. this will be a trend that will pick up in speed and intensity. health insurance is part of collective bargaining contracts. you will see big fights. as you see more union workers say they do not like it, it could be a midterm election year. tracy: nancy pelosi. liz: that is right. i tell you, if we get some big name unions, possibly. we would lose our coverage. we will be pushed into the exchanges. tracy: just like back in school. when you get a homework assignment, read it. this is a lesson to everybody. ashley: thank you. tracy: the united states is only the sixth happiest country in the world. kind of pathetic, if you ask me. ashley: that is it too bad. t

with more, here is elizabeth macdonald.this comes from the heels of a new controversy where bloomberg reporters were found to be snooping on client usage of the bloomberg terminals. i just want to give you some breaking news there because the bank of england now out with a statement. they are calling it reprehensible that reporters were snooping on client usage of the terminals. they are saying their protection is vital. they are also saying it is liaison in with other central bankers around the world to make sure that this does not happen again and bloomberg. they have contacted 300 of their clients. we ensure the confidentiality of the data is protected. there will be no more snooping. getting back to the e-mails. that came from the business side. more than 10,000 messages. here is what is apparently leaked. traders e-mail addresses, bonds, credit, confidential price information and trading activity. messages that went via the bloomberg terminal from the likes of goldman sachs, jpmorgan chase, morgan stanley, citigroup, c

elizabeth macdonald. >> whether or not they get the news over the rival media outlets including foxbusinessether they favored that over the constitutionality of their customers who pay to use the terminal, in other words 35,000 to use the terminal, those individuals may not have known bloomberg reporters were tapping into what they were doing on the terminals. the comment from a top editor at bloomberg news, he says the recent complaints related to practice is almost as old as bloomberg news itself. reporters should not have access to any data considering proprietary. the error is inexcusable. he said no specific securitiess3 or looked at, limited client information but other media outlets are reporting other information. essentially saying fears of the likes of goldman sachs they worry reporters could access what goldman sachs individual workers were doing. jpmorgan chase public relations, various reporters were trying to tracked down the london's reporter to see if he left to report on it. this seems to be a cultural issue for bloomberg and a very bad one because it puts the credibility a

with more on this story, elizabeth macdonald. authorities spending it and have not even got it.d money to make money. what we're talking about is $23 billion in new internet sales taxes. this hasn't even passed the house yet but already we are hearing a number of states have plans on how to spend the money. we're talking about maryland, virginia keeping taxes low. others say we could cut the personal income tax, the thing is again, the supreme court's decision has been out there since 1992 to 30 interest tax could be killed due to the next 92 decision saying retailers can only collect sales tax if they have a physical presence in the state. they have to say we cannot enact this because of the supreme court's decision because they are talking about one online retailer saying this will be a death by 9000 taxers because you have 9000 different taxing jurisdiction. so i don't think this thing flies, the fact of ways to spend it. california talked about how to spend the facebook ipo, and what did california have to do? they expected for the facebook ipo. and then the problem with thi

with more here is our macdonald elizabeth macdonald. >> good to be with you.he year 2000. he has been called then tell ho about proctor and gamble. the year 2000 when the stock wa cut in half and there is an investor earnings plunge. he is now being called back in to replace bob macdonald. what happened was he was slow t fire up the pipeline of products , so to get earnings growth. it criticism against him. this is a company that is 84 billion in sales. oil levelland pampers. the question is, where is he headed? what will he do with procter an gamble? stock prices are moving higher today. up not just around 4 percent of session highs. and so what you can expect with his strategy is what we have seen him do in the past, and that is, he is going to really hammer away at the $10 billion in cost savings at the company has now had in place. he is probably going to move more aggressively and to develo markets which is so we are hearing from austria analysts, and you're going to likely see acquisitions. day in 2005, the sample in setting up to acquire gillette. what

fox business network's elizabeth macdonald has more on all of this. what letters?nt letters to the irs, liz? >> yeah, it's good to be with you. we are now tracking ten letters from high-ranking democrat elected officials in washington, d.c. from senators levin, schumer, max baucus and al franken among others. two irs -- to irs commissioner doug shulman. a set of letters from senator levin went to irs commissioner shulman in july, beginning in july 2012, and he was complaining about a reaction to a letter that he got from -- that he had sent to lois lerner. he is saying that, essentially, lois lerner basically gave him an unsatisfactory response to his query. he's saying that the irs, quote: was behaving passively. he also said in his letter to the irs commissioner, how long after a complaint to the irs does the compliance review begin? so, jenna, these are letters we are staying on top of throughout the day and we don't know if there are even more letters involves from both sides of the aisle, not just republicans to the irs, pressuring the irs to act during electi

elizabeth macdonald has an exclusive interview. liz: good to be with you, lori and ashley. we are really excited. it has been seven years since you have left hp. do you still follow it? >> i follow it as much as i follow any other coopany. i think hp needs a growth strategy. they need to remember what keeps them unique. they need great products. they need to invest in both r&d and marketing. sadly, those investments were cut back for far too long. if you are a technology company, you have to have great products. i am quite engaged in philanthropy right now. i chair and organization which is the largest online donation or a place in the world. liz: will you run for office again? >> never say never. we have moved back to virginia. i quite enjoyed it. liz: we just had a conversation with kathy black. what do you think about business executive and government? does it work all the time, most the time, what do you think? >> it certainly does not work all the time. i still believe this. politics should not be a way of life forever. it is not what our founding fathers intended. the

macdonald >>> somebody at my lunch said there's a mountain lion in the aqueduct. >> he got trapped after wandering into town. the hours-long ordeal to rescue this stranded mountain lion. good evening, i'm elizabethllen martin. it took two tranquilizer darts and heavy dose of patience but tonight a wayward mountain lion is off the streets of santa cruz. he was stuck for hours in a concrete aqueduct after wandering into town. kpix 5's len ramirez shows us what it took to capture the big cat. >> reporter: the urban wildlife drama played out in the branciforte creek channel near the santa cruz government center. the mountain lion took two tranquil easer shots he in the tail as people looked on. it was a safe ending for the cat and the public. >> in this case everything is going as best as we could hope for. i'm waiting to hear from the veterinarian staff to find out how the animal is doing. >> reporter: the lion was first sported on city sidewalks and parking lots on may avenue at about 7:00 this morning. >> we were able to move the mountain lion and corral him back into this area along main street and we actually started moving him along the levee way here when the mountain lion actually jumped ove

macdonald as this wildfire burns out control. good eve >>> right now, homes north of los angeles are being evacuated as this wildfire burns out of control. good evening, i'm elizabethm allen martin. we are going to begin with that breaking news out of so cal. an incredibly intense wildfire in the angeles national forest has exploded across more than 400 acres in just the past 2.5 hours. right now that wall of flames moving across steep terrain north of santa clarita. there are few homes in the area but the fire is close to a cluster of water pipes and transmission towers that serve the los angeles basin to the south. >> there are some major power lines up here, a lot of power supply and power generating equipment up on this hillside and that's what these power lines are here for. this fire you can see directly underneath a lot of these high voltage lines, this is a big concern for the firefighters. >> again, it is intense. there aren't many homes up there but one small community called green valley is being evacuated. because of the difficult terrain, fire crews are attacking from the air. they are also battling temperatures in the high 80s and 25-mile-per-hour win

macdonald >> someone that's very well known and well regarded as a expert racer. >> the seemingly cursed america's cup suffers another terrible mishap in the bay. and this time it's deadly. good evening, i'm elizabethm ken bastida in for allen tonight. >>> we continue to follow this developing news. an america's cup sailor killed when his team's racing yacht capsizes on san francisco bay. andrew "bart" simpson was one of 12 sailors thrown into the water when the 72-foot artemis racing catamaran flipped this afternoon off treasure island. he was trapped under water for 10 minutes. rescuers couldn't save him despite desperate efforts. the artemis ceo addressed the media minutes ago offering his condolences to simpson's family an crewmates. >> shocking experience to go through. and we have a lot to deal with in the next few days in terms of assuring everybody's well- being. the boat itself is under control. but it's certainly not the first of our concerns. we're focused on the people. >> the mangled catamaran was towed to clipper cove off treasure island just a short time ago. kpix 5's mike sugerman tells us it will now be examined to determine just what went wrong out there today. mike. >> reporter: