or do i want to look at my expenses? >> expenses are absolutely the place to start, tyler.we talk to people about planning for retirement we ask them to think about their essential expenses, food, shelter, and health care. and when we construct an income plan for people often it's centered around the starting number that's like 80% of the last dollar you that made before you retired. and when you think about that number you're exactly right. you're no longer contributing to retirement. so if you've been saving 15% you've already been living on 85 cents of every dollar that you make. you have other contributions that presumably have evaporated. the big nut here is have you paid off your mortgage. so if you've paid off your mortgage then all of a sudden that's a big expense that you no longer have to pay as well. or if you can downsize and reduce your monthly nut. those essential expenses start to go away. >> you know, john, it's interesting because so many people are underinvested in their own future. they're underinvested in their retirement. and it does seem like the mortg

mainland expensive even though it's so close. jonathan betz explains from san juan. >> shoppers like maria lopez know there's a price for living on an an island. >> it is expensive. >> very expensive, very, very. >> in puerto rico, many worry it is higher than it should be because of an old u.s. shipping law. >> it's been hurting the puerto rico economy for decades but now becoming worse. >> the jones act passed in 1920 after world war i to protect the u.s. shipping industry, requiring all trade be done on u.s. merchant ships, built in the u.s. and manned by american

they are expensive.f the trend continues, we will get out of the way. >> we have a track now of japan, a major stock market that took years to hit the bottom. japan isn't some backwater. it is one of the world's largest economies in terms of gdp right now. it is a fundamental, instructional example of a bubble. twice as big as ours in the 1990's. and people talk about the demographics, why japan has had or returns for 20 years, but it takes that long to work off a really expensive evaluation. it's going to take a while to japan are the time it finally got it cheap, nobody cared. stockswanted japanese because they had been dead money for 20 years. what happened? they had a monster run. -- what'spportunity happening in south america, brazil, europe, eastern emerging, where the really cheap countries are if you're looking for big returns, but certainly not the u.s. next questionthe right out of my mouth. you like brazil and russia. very few people like right now. how cheap is brazil? how could you lose on b

. 86% of the population doesn' t buy life insurance because it' s too expensive. so you have enough a lot of people lucidly are not aware. and over 20 or 30 -- a lot of people who simply are not aware. and over 20 or 30 years, you find that you have not paid the proper premium , think you have a -- john: it sure goes to the importance of having a trustee that' s why we encourage all of our clients, if you want to name a relative as a trustee, make sure you have a successor trustee who is a over trustee who can step in and take area. anthony: how do you tell people to think about insurance when they think about their overall allocate some money out? henry: i have a different philosophy than you do, john. depending on the audience, if i am dealing with a younger individual, i am looking at protection. i look at insurance as a wonderful means to save it but sometimes the whole life contract can be more expensive and many individuals with younger kids would rather take that money and perhaps should take that money and place it in a lesser expensive form of insurance f

it moree makes expensive and more expensive to pay them more. regulations, especially for small business, makes it more expensive to be in business. 35 years,rst time in you have more businesses start dying than starting. that's not good for job creation. don't allow companies to immediately expense their investment. in a small money business to grow it, i have to my taxes,oney back in as opposed to getting it right at once. saysu have a tax cod that the more you invest, the more not only would they hire more, but pay people more. we can't be globally competitive with the most expensive business tax rate in the developed world. we have to make america the best place in the world for the private sector to succeed. the private sector will create jobs that pay more. my father was not a business owner. he owned a small grocery store for probably a second and a half. didn't go well. my father was largely an employee. an employee as a hotel. the reason why my father had a enough for him to support his family was someone riskedaccess to money that mone

do you get paid to make your speeches or just expenses? >> usually i don't get paid at all. >> you get my expenses. >> i'm not being paid to be here. >> i know that. the government doesn't pay any of us too much. the fact is this hearing is just like benghazi. it's just like the select committee on planned parenthood, it's politics and yet we got major problems going on in this country. the whole idea that this is about planned parenthood is wrong and we've -- dr. levantino has admitted, medical ethics, everybody, there's no evidence of medical impropriety by planned parenthood, only a title that has been put up here. and miss stoltenberg, one-third of her history is planned parenthood. it's unfortunate this is the way we're spending our time. it's really unfortunate.

it moree makes expensive and more expensive to pay them more. regulations, especially for small business, makes it more expensive to be in business. 35 years,rst time in you have more businesses start dying than starting. that's not good for job creation. don't allow companies to immediately expense their investment. in a small money business to grow it, i have to my taxes,oney back in as opposed to getting it right at once. saysu have a tax cod that the more you invest, the more not only would they hire more, but pay people more. we can't be globally competitive with the most expensive business tax rate in the developed world. we have to make america the best place in the world for the private sector to succeed. the private sector will create jobs that pay more. my father was not a business owner. he owned a small grocery store for probably a second and a half. didn't go well. my father was largely an employee. an employee as a hotel. the reason why my father had a enough for him to support his family was someone riskedaccess to money that mone

not a little bit expensive.expensive. >> reporter: it can test for any kind of drug, including synthetics, for about $3.50 a sample. >> people who will are using some of the street drugs like b bizarro and scooby snacks and k2 who thought we were not able to detect those drugs or see they were being used, we'll be in a position to identify those. we will be reporting back to the court or to the supervising officer the fact that this person, in fact, was using the drug. >> reporter: keenan says this machine makes them the first agency of their kind in the nation to test for these types of drugs and hopes that as word spreads, these samples will tell a new story about people no longer using synthetics to cheat the system. tisha thompson, news4 i-team. >> and tisha has put the first batch of violent crime numbers linked to synthetic drugs on our nbc washington app. click on "investigations." >>> still ahead on "news4 this week," the salmonella scare threatening a popular new d.c. restaurant. what one woman says hap

- i have to reduce my expenses. which expenses do they want you to cut ? anything i can. food, utilities, napkins. napkins ? listen when these bankers start making cuts, anything that costs money is fair game. - even employees. - you really think he'd fire one of us ? - what's wrong did somebody die ? - not yet, but stick around. mr. brashov has to cut his expenses so one of us is going to lose his job. or her job. now, hold on. let's not jump to conclusions. don't worry, rosa. i'm sure i'm the one who will lose his job. mr. brashov even said he was going to hire another repairman to fix the stove. yeah, right. he was really upset. can't you fix it, jamal ? the stove is so old, they don't make parts for it anymore. that's too bad. we're all really going to miss you. - hey, he's not gone yet. - sure, it could still be one of us. great. crossroads cafe, an equal opportunity "un-employer." think about the events of the past week. can you tell me what happened ? who said what to whom ? if so, you will be reporting information. repeating what someone said or told is one way to

ringgold county county will help with the expense if the town votes to disband. an accused car thief is the focus of a homicide investigation in benton county... 31-year old david miller is already charged with vehicle theft.. and more charges are expected... miller is accused of stealing a truck early yesterday morning near shellsburg... the truck was eventually found crashed... and police located the body of a woman nearby. miller was located walking along a nearby road with a head injury... police are yet to say how the woman died. the division of investigation is helping with the case. there was a wild search for an armed gunman this afternoon in davenport... dozens of police officers responded to the initial shots fired call... it happened near a navy police say no one was injured in the shooting... investigators say the suspect then drove to bettendorf... and walked into a law firm... when police arrived the armed suspect was outside the business. police say he fired one shot taking his own life. investigators haven't released the name of the shooter... or

morecare makes it expensive to hire people and more expensive to pay them more. so they don't hire or pay them more. it makes it more expensive that is not good for job creation. if i invest money in a small business to grow it, i have to take the money back in my taxes over a larger number of years as opposed to getting it back. in texas,ou will go not only would it say hire more people but pay more people. that's why we need to reform the tax code. we cannot be competitive with the most expensive business tax in the developed world. we have to make america the best place to succeed and turn the private sector will create jobs that pay more. it goes to the point, my father was not a business owner. he owned a small grocery store for probably a second and a half. it did not go well. he worked as an employee at that hotel. the reason my father had a job that paid enough for him to support his family was someone who had access to money risked that money to build that hotel. and americans made enough money after they pay their taxes and bills to take mike -- vacatio

no matter how you look at it, ferrari is incredibly expensive. the ipo is only 10% of the share cap in the hands of the public. they plan to spin off remaining shares to you in early 2016. in other words, in a few months, a huge slice of additional stock i bet ferrari's share price gets slammed. i suggest you wait until fiat -- chrysler unloads the rest of their stake. here is the bottom line. no matter how much i like ferrari's products, and i do, i simply cannot get behind the stock at this elevated valuation. it's trading at exorbitant levels. i'm not saying the stock can't go higher in the near future, but what i am saying is that ferrari, the car, but certainly the stock, way too risky for this guy. john in new york, john. >> caller: hi, jim. thanks for taking the call. >> not a problem. >> i wanted to ask you about your thoughts on the long-term outlook for first data corporation. >> you know what? long-term, i think they're going to do okay. it came out pretty expensive. it was priced a little bit too high. they got away with it and i thin

that's the most expensive stock i follow and while the stock is priced at these levels it's less expensive at 90 times earnings. but that may sound like a valuation but you have to remember that palo alto networks has the fastest growth of any company that's profitable that i follow. you're not going to get this thing anywhere near a market multiple. you're stuck having to overpay for the fastest growing company. has the narrative changed? not really. if anything it's gotten better. also giving stronger than expected guidance. in other words we know they continue to do well here which means that when the stock goes lower like today it's more of bargain. you know what, if you had to start buying one maybe you start doing this one. how about fireye. that's what companies bring in after they get sacked. down 44% from his june highs. because the company is still unprofitable it's harder to value something like that versus palo alto but it's trading at 12.6 times sales in june and now it's under 8 times sales and just like palo alto the most recent quarter report was quite bullish. top and bott

on good expenses, bad expenses. bad expenses are waste, things you don't need. we want expenses go up. we find marketing opportunities, we'll spend it. if the investment bank does better. that's how we run the company. that won't ever change. >>> once again, jim, story is loan growth is good, but the trading revenues are challenging almost everywhere. >> yeah. people will say when they listen to bank of america, which was an excellent quarter, okay? bank of america is making money in that business, why shouldn't jpmorgan. bank of america has little loans and taking very little risk. bank of america trading 24 cents above its tangible book value. the cheapest it's been. i did some work on that. it's the cheapest it's been. >> really? >> yeah. you have to recognize all the banks are good. but jpmorgan, marianne lake put that one caveat in that maybe the weakness could continue. in that one line, that one line of q4, i thought jpmorgan undersold themselves. the loan growth is sensational. bank of america not as good lo

the value of solar is great when compared to cold or natural -- to expensive coal or expensive naturalas. but natural gas is not expensive anymore. it is down 36%. >> known expects the price to bounce up anytime soon -- no one expects the price to bounce up any time soon. efinitely putting downward pressure on prices. be hard to going to sell the green promise. raymond james from bloomberg news, thank you, we appreciate it. more twists and turns than stan hill road. microsemi has had a deal to buy pmc. the offer was raised to $11.60 per share. $11.78. at there have been $90 million in deals in chip companies this year. let's talk about hp. the company split because of its officials over this weekend. two copies will traded separately. printers.lls pcs and hpe, willise, or trade separately. fund downgraded hp. we are now joined on this historic moment in texatech history. hp has been shedding and adding parts. it is possible there is no more important company in silicon valley than hewlett-packard. >> this is a huge deal. we're talking about tens of thousands of dollars. tens of thousan

and i don't really believe that skincare has to be expensive. finding a product like derm exclusive has really been wonderful for me. the fill & freeze is an immediate fix. i use the fill & freeze on my forehead, and it just makes those lines and wrinkles just disappear. derm exclusive has made me look younger. the best compliment that i've gotten was from my husband. one morning, he's like, "wow! you look like you've just been to the spa, and your skin's so perfect." i did." [ laughs ] >> patti, come on out! [ cheers and applause ] >> whoo! >> how are you? >> great. >> oh, my, god, this is so cool. i loved watching your story, and i loved hearing you talk about your husband. has like, "hello again! >> yeah. >> how did this make such a difference in your life? >> well, you know, i turned 50 this year, but i feel like i'm 30 inside, and i didn't want to go out and have procedures done. so, what are you gonna do? >> yeah. >> and then i found this and actually got real results. >> what do you say we look at patti's fill & freeze results. >> let's d

qualified expenses education, housing, medical expenses, transportation, employment training, independent living care and a host of other expenses are considered qualified. previously, if a disabled person earned more than $700 per month or had to forfeit eligibility for government programs. the only way families could get around these restrictions was to spend thousands of dollars in legal fees setting up special trusts. the able act has created a way for families to adequately save for the future as a supplement to private insurance and public benefits. tory, thanks for being here. coming up tomorrow, our master join us for the final time of the season. stay with your 24 hour news source, kcrg-tv9. @workers in tiffin will get a raise next week, as the city council considers opting out of johnson county's minimum wage increase. the city council will miss the november 1st deadline to opt out, meaning the increase will go into effect. the council will hold a public hearing in two weeks. today the house of representatives elected the wisconsin congressman replaces out-going speaker john boe

. >> capitolism is expensive. it's expensive to 90% of america. j you're making it more expensive. >> no, i'm not. here's what's going on. we're losing revenue from offshore tax havens. we are losing revenue. >> you know why they're leaving? because taxes are too damn high here. capitolism is the only way to equal the playing field. it's socialism and big government policies that are actually oppressive. here's the thing. democrats are living in lala land. bernie sander's proposal would cost the country $18 trillion. we can't afford these policies and they end up hurting the very families democrats proclaim. real quick. the problem is that when you raise the national debt and we continue to pile it on. >> when i've had you here as a guest, you railed it into lest start seeing specifics. now you hear these guys. i'm kidding. now, you hear all the sudden all these guys well, we're going to have free college and make sure that everyone is set with -- at any point did you as a young smart liberal just say i don't think we have enough money for all thi

expenses that could really add up. plans could save you in out-of-pocket medical costs. you'll be able to choose any doctor who accepts medicare patients. and there are virtually no referrals needed. so don't wait. with all the good years ahead, look for the experience and commitment to go the distance with you. call now to request your free decision guide. this easy-to-understand guide will answer some of your questions and help you find the aarp medicare supplement plan that's right for you. >>> this morning, the woman charged in the fatal crash of the oklahoma homecoming parade. adacia chambers made her first court appearance and prosecutors allege she intentionally drove her car into the crowd of spectators killing four people and injuring nearly 50 others. court documents reveal chambers told investigators she had attempted suicide several times and was feeling suicidal. her attorney said she gave no indication anything was wrong. >> we know she left work, but we don't know why. she did in fact leave. i believe th

everyone could compare their sales and their expense numbers. what this did it caused people to engage in informal mentoring. if they wanted lower expenses in a certain area they would call each other. >> be sure to always give back to the communities that you serve. the first year we were in business i made $1,000. and i was a single mom. i didn't have much. but i sat down and i wrote 10 checks to local charities. it was so empowering. >> in the old days our accountant said to my mom, mary ellen, you give too much to charity. it's not helping your taxes. it's not helping you. and she said i don't care if it's helping me. i'm doing it because we're supposed to. >> well, you have to love what you do because life is not a dress rehearsal. and i spent 20 years sitting in a cubicle working for the government, and when i broke out of that cubicle it's like boom. i loved it. i love it now. >>> your company website can be much more than just an online display of your product and services. here now are five ways you can leverage your website as a market

and i don't really believe that skincare has to be expensive. finding a product like derm exclusive has really been wonderful for me. the fill & freeze is an immediate fix. i use the fill & freeze on my forehead, and it just makes those lines and wrinkles just disappear. derm exclusive has made me look younger. the best compliment that i've gotten was from my husband. one morning, he's like, "wow! you look like you've just been to the spa, and your skin's so perfect." and i'm like, "just did my morning skincare routine, is all i did." [ laughs ] >> patti, come on out! [ cheers and applause ] >> whoo! >> how are you? >> great. >> oh, my, god, this is so cool. i loved watching your story, and i loved hearing you talk about your husband. has like, "hello again! how are you?!" >> yeah. >> how did this make such a difference in your life? >> well, you know, i turned 50 this year, but i feel like i'm 30 inside, and i didn't want to go out and have procedures done. so, what are you gonna do? >> yeah. >> and then i found this and actually got real resul

we still have litigation expenses. we are waiting for that to get out of there so that these companies can start earning more money. have been looking for normal earnings for these companies for many years. waiting, have been when you talk about the normalization, we have been waiting for the fed to finally get off of zero. those expectations keep getting pushed back. we thought we might see an impact in the third quarter and we are not. so when you say normalization, we just have to wait for wendy fed raises rates? -- we havere talking been talking about normalization for seven years. whatybe that is -- that is people are saying. i don't think rates are going to move any time soon, but i'm not an expert on the fed. rates are going to stay lower longer than people think. saying that, bank of america can work. that is the issue that we focused on there, they have to get the expenses lower going forward. they had a lot of mass they had to clean up. they are still dealing with the -- accusation. but we do need to see expe

cut some of the expenses and probably restructure the insolvent part of the debts. there much more than puerto rico can do if it is talking to the treasury department and a lot of lawmakers? our their hands kind of tied at this point? hands kind of tied at this point? >> i think they really are at this point. there is nothing more than put a rico -- that twitter rico can give. there is not a lot more to tax so there is not a lot more revenue. there is no chapter nine for bankruptcy. you can't force it. so if you have this treasury super bond, that could be something that they want. and it could give them a lot more options and give them a constitutionally guaranteed way of repayment. ford: how difficult is this puerto rico as compared to a city or state? how different is it for puerto rico in this position? trustworthyof how they are, i think over time, puerto rico has become untrustworthy. they only missed one payment ever, but they are not transparent, so they can't really sit there and say that this money is there and that they have been reserving it. rico is not

so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, t t you may know it only covers about 80% t t of your part b medical expenses. the rest is up to you. call now and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicarep p supplement insurance plans, it could save younin out-of-pocket medical costs. call now to request your free decision guide. ri've been with my doctor for 12 years. r now i know i'll be able to stick with him. [ male announcer ]rrr you'll be able to visit any doctor or hospitalnthat accepts medicare patients. p p plus, there are no networks, and virtually no referralsvvv needed. see why millions of people have already enrolled in the only medicare supplement insurance plans endorsed by aarp. >>> russian car planes carried out a second day of air strikes in syria today. you are looking at video released by russia's defense ministry and it claims russian jets destroyed 12 isis tar

. >> it was that tiny error that had melvin facing thousands of dollars in medical expenses for him and his family. >> mel hated telling his son let him stay at an out of state medical medical treatment facility. >> now he's had to leave that situation. >> he had to make the tough decision when he heard from his insurance accompany's administrator that he had been cancelled in september. even though he knew his coverage should have lasted 36 months according to new york's law and he was only at the 32 month mark. >> my last payment was insufficient. my wife but instead of 1706, it was 1,076. >> had you received any notice? >> we didn't receive any notice at all. cancelled or we were deficient in payment they said they weren't required to mel reached out to news 4 out of desperation when he realized how much money he would now need to pay for his family's medical needs. >> they were probably the two most expensive months for me with medical expenses during the whole period. >> so we reached out to chime in on mel's half. they came back to tell us they can't share details about an individ

bad expenses are waste, things you don't need. have trade-through processing and things like that. but we want certain expense to go up. we will spend it. if the investment bank does better the comp accrual will go up. that is how we run the company. that won't ever change. >> because revenues were lower, we did see the compensation -- or expenses rather up year-over-year when you exclude expensation, there were legal fee this is quarter but the bank is cutting costs. they were sure to say they are still investing where the bank is growing. back to you. >> kayla, thank you. and let's bring in geoff hart principal at sandler o'neill. he joins us on the "fast" line. you were forecasting that jp morgan would be more money bags on earnings. and now we have the cfo lake saying the investment is high high even though we're only two weeks into the quarter, who do you make of the report. >> we talked about sales and revenue expectations being too high. and the interesting thing is they don't know what sales or trading will be next month a

that is more expensive than the previous generation. it is pretty normal.he internet of things is interesting. i tried to describe this to the producer without being heidi about it. what is the long-term impact of that business and on gross margins? it is one of the most exciting spaces for us. we are seeing more and more becoming intelligent and connected. we play at the high end of those devices. for our business, it is growing fast. different than a lot of businesses in this space, it is very profitable. and more devices that didn't used to be connected are. those are more opportunities for us to sell our products. rishaad: up next, taking on more staffers as they report a jump in profits. we will be headed to mumbai for the details. ♪ rishaad: revenue for asia's biggest a software provider jumped 14%. news that they are hiring more staff. let's kick things off with the result. the fine look at nt, has it been a great quarter for tcs. revenue growth has disappointed analysts for a fourth straight quarter. the street a little divided and quarter on the se

expenses that could really add up.hese kinds of plans could save you in out-of-pocket medical costs. you'll be able to choose any doctor who accepts medicare patients. and there are virtually no referrals needed. so don't wait. with all the good years ahead, look for the experience and commitment to go the distance with you. call now to request your free decision guide. this easy-to-understand guide will answer some of your questions and help you find the aarp medicare supplement plan that's right for you. >> a quick look at what's still coming on "happening now." jeh johnson getting a look at damage? south carolina after flooding there. new information on an american hero who thwarted an attack on a paris train. >>> it was the brain child of george washington. jon scott visits west point. jon: new speculation on the fallout from kevin mccarthy's withdrawal from the race for speaker. some are saying it will be an easy win for democrats in the house and the white house. house. kevin mccarthy's withdrawal from the race w

so, you now have instead of one expense, to expenses. so, both parents can now stay home. in addition to that, it used to be that like every other small business owner or whatever, you had to use up all of your vacation, all your leave, all of your sickly. that's what i did when my child was born. now, it's different in that 40 hours of sick leave can be retained, and so, you have sort of a double whammy there that it is not as people have said, just a technical adjustment. the controller says you're talking about tops, $1 million a year. >> okay, thank you very much. deanna, your thoughts. >> well that's a great summary, but with this measure, we are improving with the voters have voted on in 2002. we have to work within the confines of what the voters voted on so it applies specifically to city employees. we are saying that both parents in a relationship with the child should get equal time to spend with your child. they should not be decided between the two who should split the time. it should get that precious opportunity to bond with their children. the numerous studi

lost about $300 m lion in the and its been engaged in the last year with a very expensive legal battle with its founder and former ceo who was fired last year for alleged workplace harassment which he denies. it is unclear at this point if any stores will be closed, althaugh the new ceo says they do plan to continue business as usual. but just under bankruptcy protection. and if it seems like fast food isn't as fast these days, it may nott be your imagination. in fact, fast food service may be slowing down, according to qsr magazine, they did a survey and found that the average wait time at a drive thru is now 222 seconds, somebody had a stopwatch out. that works out to about three and three quarter minutes, that compares to 203 seconds last ye r. the wait time. the problem is that there are so many complicated menus these days, more menu i ems that can be customized to suit curtomer tastes and all of that tako.es longer to prepare. one tip from qsr magazine by the longer the wait. restaurants do typically staff their best people for breakfast and for lunch. >> yeah. >> not for dinner.

emily: why take on risk if it's too expensive? david: we have companies that are out there, exciting companies, losing money with huge bankrolls because they were raising at such non-dilutive levels and bringing in capital, almost unprecedented. that is the opportunity for the companies to build real businesses within the capital lack of constraints. but that is also the risk. at some point, the music stops, the chairs stop. you are sitting down or you are not. emily: john, do you think we're in a bubble? john: there is a new google to be built. a new office suite, microsoft, to get built. there are some really important companies that feel expensive and turn out to be cheap. the truth is, some stuff is wildly overpriced and will look obviously so in retrospect. there is some stuff that feels wildly overpriced that will look the opposite in retrospect. david: i just want to make sure ours are not the ones. john: ours are priced exactly right. emily: dropbox, for example. you invested in dropbox but did not get a board seat. why di

i think it was expensive. >> 20 million? >> back in ads?> yeah, exactly, i think it was very expensive and very showy and very typical of this leadership. just like community, $42 million writeoff. i mean, i'm sorry. >> the fact you have the yahoo! insignia. branding alone, does that help you make up the 20 million? >> no, i think it's -- it's a great idea if you're a facebook or google or other big platform. she's got to make these attempts in content and make big swings but these are big expensive swings and just the way community was and everybody touted that. it was a great show. again, a $42 million writedown is a $42 million writedown. >> we'll see. the journal today pretty pessimistic on -- in general, especially with the results coming out tomorrow. good to see you. thank you very much. cara swisher joining us on set as always. >>> when we come back, how the candidates are using social media to their advantage or disadvantage. proud of you, son. ge! a manufacturer. well that's why i dug this out for you. it's your grandpappy's hamme

host: jeb bush has proposed full expensing. guest: he has proposed full expensing. host: we talked about these two guys, but what about the other gop candidates who proposed a tax plan? guest: there have been two proposals -- one of them is senator rubio. he has proposed one must senator mike lee. cut built it as a big tax for the middle class. it has a lot of features that gop plans happy lower marginal rates, lower corporate rate -- but what is different about the itio and lee plan is that and ask a large child tax credit .f $205 for tha that is the piece there. there is senator rand paul's plan. he goes to what is called a flat tax whichodified flat .s a 14.5% flat tax on income the converts the corporate tax to what he calls a business transfer tax. you can think of it as another word for a value added tax. he converts the corporate tax to a value added tax. the individual income tax is a flat 14.5% tax. this tax also, by definition, has full expensing. rubio's plan also has full expensing. those plans are going for the growth aspect as well. ump's plan, the gop

david: they are really expensive, these series, but they are not that expensive. get attention. when you go to netflix, you have to have content and other programs you need to watch. stephanie: i am a netflix user. i have only been a netflix user -- matt: i converted you. that is for spotify as well. you need to have the catalog, you need to know that new login, it will have what you are looking for. number two, intel is feeding -- feeling the slump in sales. fell 15%,of chips notebooks were down 15%. here is the issue that we have. intel is switching from pc to servers. it is almost like a computer is just a terminal for the mainframe. everyone is moving to the cloud. david: it is the same with dell. they can't make money anymore or get growth out of pcs. volkswagen is shifting gears -- that was nice. of then the middle scandal, it is cutting back on diesel vehicles. toyota is aiming to cut out gasoline cars by 2050. it will only use of electric cars. that is amazing. toyota is also predicting that hybrids reach 1.5 million. -- whoie: and author likes to call out

it is a very expensive venture. had to pay around $10,000 a tok up to $20,000 a week keep me on the road. you understand it is a very close-knit community of working journalists. like any other complicated ecosystem, it -- along the way, the rules of engagement, there sort of are all sorts of -- just like a fraternity, there are hazing rituals and all sorts of experiences that you share that you do not get to read about when you are reading the paper. brian: do you agree? amy: i do think, yes, complicated traveling with the press. i think that there -- if i remember, she was sort of an embedded capacity. there are different ways to travel. it is hard not to get in the pack mentality when you are constantly on the road. in 2006, i think it was 46 dates or something like that. what are the stories you can get out of that without telling the same story? brian: did you go through what she suggested was a hazing period in the early days when you are at the wall street journal? amy: i would not say people were mean, but i

even more expensive than what we are looking at now.ll ahead, as commodities fall, is all that glitters gold? thinks gold has not lost its shine. ♪ brendan: welcome back to the bloomberg market day. we are going to start with bloomberg first word news with mark crumpton. residents on a stretch of mexico's pacific coast are preparing for hurricane patricia. it is packing sustained winds of 200 miles per hour and its impact could be found in texas as well. brian sullivan joins me now from boston. where is hurricane trisha at this hour? it is 140 kilometers off the coast of mexico, moving toward the coast at 12 miles an hour. just how dangerous is the storm? of the mostis one dangerous storms on the planet ever. it ranks up there with andrew, with camille. they do not get that your instructor than this. typhoon hyantioned n. we expecting that kind of destruction from patricia? is more -- more tightly wound. the needle.d building construction was not as sturdy as what you find typically in along the coast of mexico. there are some advantage

and related costs due to the extraordinary expenses occurred as the result of the 2014, rain storms. >> thank you, puc is here. >> carlos, with the budget director and before su a waste, water supplimental in the 5 million dollars to fund, the plane settlements and the litigation costs. >> and could you put the microphone down. >> sure. >> again, five million dollars to fund plain settlements and the expenses associated with the december, 2014 storm. and the funding source is the waste water, general reserve, appropriation and my colleagues and i are here, and you know, available for you, and to answer any questions that you may have on this item. >> okay, thank you, supervisor tang. >> thank you very much. and so, i know that from the supporting documents that we know that there have been many claims filed already. and there is still opportunity for more claims to be filed. can you just talk a little bit more about that? >> yes that is my understanding, supervisor. >> and perhaps, the city attorney can -- john? >> deputies, the attorney john. and the limitations for the property rel

expensive to go to space, outer space. >> and this one, my kind of favorite.fell, 93-year-old fashion icon. you'll get a trunk of her accessories for $80,000. >> some pricey accessories. >> they include vintage finds handcrafted by women globally that inspired her personally. >> i looked through the christmas catalog, and i've got to admit i could not find this particular thing in catalog. this lamp that was designed by some folks in london. it says it gives you a sense of lasting enjoyment. look at that. that's how you turn on these lamps. >> that is not what i'm thinking. >> it's called the slap it lamp. you can slap it, pinch it -- >> wait. you're glossing over something here. this is someone's booty. >> this is 'form of a butt. clearly it's not nikki minaj's booty because it wouldn't fit on that screen. >> oh. >> but you have 10 different colors you can light it up in. >> and this is really selling? >> it's 149 pounds. less than $300. >> the butt is $149? >> yes. the lamlamp. >> you mean $149 in london -- >> xwrep le >> yes. less than 300 -- >> okay. they

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when compared to solar, compared to expensive coal or expensive natural gas -- we don't have expensive natural gas anymore. the price of natural gas in just teed of years is down 36%. mark: yeah, natural gas is hovering near a three-year low. no one expects the price to bounce back up anytime soon. there are shale reserves across the u.s.. and natural gas helps set the electricity prices, and that does make it harder for solar to compete, especially without subsidies. cory: it will be harder to sell. thank you so much, mark. pavel, analyst at raymond james. sierralast three weeks, sierra has been the target of two rival chipmakers. skyworks solutions had a bid to buy pmc for $11.60. sweetened semi its bid. billionve been $90 merger deals in the chip .ndustry this year another stop we're watching -- hp. trading -- the last a of hp trading as hp is today. it will trade as hp inc, that printers and pc's and the others will be hpe, for those of us in the know. that is supposed to be the growthy part. but the s&p does not think so. they downgraded it. our correspondent who covers this as jo

david: these stocks were more expensive in relative terms than more recently.said, with the declines out of the august drop in stocks and beyond, that made them cheap by this price-earnings measure. julie: it depends on what subgroup you're looking at in health care. if you look at the nasdaq biotech index and its valuation versus the s&p, it still remains in relatively elevated levels. it has come down, but if you look at the pe basis, it is twice as expensive as the s&p 500. but she still does want to get involved in biotech. david: the areas within health care that she is focusing on, life sciences and then some of the biggest drug companies, the mega-caps, the likes of pfizer. betty: and in m&a deal spring that on. there are other companies within health care that you are looking live -- looking at. david: there is a stock of the day that i look at for bloomberg radio. today's stock is an interesting case. we know that one of their biggest products, their biggest selling drugs, allergan, is botox. it takes away bring goals and does a bunch of other things.

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. >> chocolatemaker near chicago is getting ready for it in a rather expensive way. it's offering a four-pound basketball sized truffle made with special chocolate and 24 karat gold dust. >> and it also comes with a bottle of dom perignon, two crystal glasses. it's being made at the all all chocolate kitchen and the price 3,000 bucks. >> can the mouse take care of that? >> i don't know if the mouse can. >> we can try. coming up, the secret meeting involving a county clerk from kentucky and the pope. their views on same-sex marriage. >> also ahead, why would a family haul their living room sofa out of the house and blow it up. there's quite a story behind this exosion. >>> remembering a cult movie kaz craze that started 40 years ago. we're taking a time warp to the days of the rocky horror picture show" but first your throw back thursday forecast map. you're watching "world news now." 106 in phoenix today. whoo. "world news now" weather, brought to you by no! no! hair removal. hey buddy, let's get these dayquil liquid gels and go. but these liquid gels are new. mucine

and related costs due to the extraordinary expenses occurred as the result of the 2014, rain storms. >> thank you, puc is here. >> carlos, with the budget director and before su a waste, water supplimental in the 5 million dollars to fund, the plane settlements and the litigation costs. >> and could you put the microphone down. >> sure. >> again, five million dollars to fund plain settlements and the expenses associated with the december, 2014 storm. and the funding source is the waste water, general reserve, appropriation and my colleagues and i are here, and you know, available for you, and to answer any questions that you may have on this item. >> okay, thank you, supervisor tang. >> thank you very much. and so, i know that from the supporting documents that we know that there have been many claims filed already. and there is still opportunity for more claims to be filed. can you just talk a little bit more about that? >> yes that is my understanding, supervisor. >> and perhaps, the city attorney can -- john? >>eputies, the attorney john. and the limitations for the property relat