obviously, the ftc feels differently. see what kind of compromise they come to. >> amazon keeps 30% of all in-app purchases, but what have they said? they say they are in compliance? >> they have been generally pretty quiet just in the news of therm, the suit just came out today. i suspect they will obviously look to work with the ftc for a resolution on this. the federal trade commission on a wide variety of matters across all of their business lines. givens something that, the relatively small financial impact to amazon, i suspect they will negotiate in good faith with the ftc to try to get this behind them. >> all right, paul sweeney, thank you so much for sharing that developing story with us. task rabbit shows off a new look and some new mobile apps. we will talk with the ceo of the errand-running company next. ♪ >> i'm emily chang, and this is "bloomberg west," on bloomberg television, streaming on your tablet, and bloomberg.com. taskrabbit has revamped its website and mobile apps to match clients and mobile helpers

i suspect they will work with the ftc for resolution on this. they deal with the federal trade commission on a wide variety of matters across all other business lines. given the relatively small financial impact to amazon, i suspect they will negotiate in good faith with the ftc and get this behind them. >> paul sweeney, thanks so much for sharing that developing story with us. a and new mobile apps. we will speak with the ceo of the company up next. bloombergily chang on television and this is "bloomberg west." taskrabbit has revamped its website to better help customers. so how exactly does taskrabbit work? we take a look at a day in the life of one of taskrabbit's taskers. helmet on, feed said, it is just another day at the office. >> in an average day i might do six to four deliveries. living -- hes earns his living doing chores for people using website called taskrabbit. everything from furniture assemblage you have steeping to -- to housekeeping to sushi delivery. technology has ushered in a new era of sharing. airbnb lets you rent out a r

. >> is the ftc, court, the ftc, someone, going to say that there's a problem with this company?ith the industry. i think in the en, until that happens, anyone were come out and present anything, say anything. that's what's going to make a difference here. between here and there, people will trade this stock. >> yep. they will. herb, thank you so much, and speaking of trading the stock, outspoken herbal life shareholder bob chapman buying herbal life aggressively on yesterday's dip. the managing merge of chapman capital and joins us on the phone. bob, welcome back. >> thank you. >> what do you make of the move we're seeing in shares today? i mean, look, astonishing, considering the buildup that ackman made on this very program. >> well, i've made past references to bill ackman as a reincarnation of p.t. barnum and have to say, it's probably the biggest gap between promises and delivering in the entire history of the circus industry. and he did that today. so the reaction of the stock market is appropriate, and i believe just getting started. >> yes. you said that you were adding

and the ftc is saying that's the problem.ake a listen. >> amazon failed to provide basic information about charges. these were charges for things like pet food to feed the starving pet. they could cost as much as $99 a pop. they could be racked up in unlimited amounts by kids with a simple click of a button. >> the problem is amazon now says that was then, this is now. on the amazon site if you're trying to do it with a kindle fire, there is a graphic, there is a barrier that people have to put parental consent in before they can buy these things. there it is. use coins, save cash. but you have to put a password in. amazon's fighting back saying our experience at launch was responsible, customer-focused, lawful including prominent notice effective parental controls, onwards and onwards. what you have here is the ftc saying you didn't do it. amazon saying maybe we didn't then but we're doing it now. but the ftc is still going hard for them. >> and what's interesting about this -- because people at home are thinking about how t

the ftcs charges were without merit. as always, go through your bills with a fine tooth comb. >>> let's turn our attention to more businesses. the dow moved to within two points of 17,000. manufacturing expanded and auto sales were better than expected. we have live in london about what to expect from the markets today. steve, good morning. >> good day to ya. we have july 4th holiday. we have more data out including the private sector figures. the payroll moved from the traditional friday. we have may factory orders and janet yellen will speak about earnings. yesterday's session twitter rallied because they are going to get a former goldman sachs executive. a buy now or shop now application. it's not working at the moment. twitter hasn't responded. it's interesting. this could be a new revenue stream for twitter. we may be able to buy directly from twitter for people advertising on those sites. watch this space for twitter. >> personal health news for jpmorgan ceo, jaime diamond announcing throat cancer. how does this af

the ftc wants amazon to return the money to parents.zon says its practices have been lawful from the outset in. january, apple settled a similar case with the ftc, agreeing to refund more than $32 million. >> pelley: thanks very much. more information on a story we reported wednesday on sexual assault on college campuses. we noted alexander figaroa and jay within blue former miami football players have been charged with sexual battery in a rape investigation. we haven't been abled reach figaroa but blue says her client is innocent and expects to be vindicated. a typhoon on the other side of the world is about to change our weather dramatically. that's next. lack of saliva can also lead to tooth decay and bad breath? [ exhales deeply ] [ male announcer ] well there is biotene. specially formulated with moisturizers and lubricants, biotene can provide soothing relief and it helps keep your mouth healthy, too. [ applause ] biotene -- for people who suffer from dry mouth. finally, the purple pill,hr the #1 prescribed acid blocking brand, co

the ftc wants amazon to return the money to parents.zon says its practices have leen lawful from the outset. in january, apple settled a similar case with the ftc, agreeing to refund more than $32 million. >> pelley: thanks very much. tonight a wildfire is threatening hundreds of homes in central washington state. it's been burning since tuesday, the cause unknown. 30 square miles of brush and grass has gone up in flames. several hundred firefighters are on the scene. they face a long weekend of trick triple-digit temperatures and no rain. a typhoon on the other side of the world is about to change our weather dramatically. that's next. our weather dramatically. that's next. lack of saliva can also lead to tooth decay and bad breath? [ exhales deeply ] [ male announcer ] well there is biotene. specially formulated with moisturizers and lubricants, biotene can provide soothing relief and it helps keep your mouth healthy, too. [ applause ] biotene -- for people who suffer from dry mouth. finally, the purple pill,hr the #1 prescribed acid

. >> reporter: the ftc lawsuit says there is a problem. that since 2009, t-mobile has allowed other companies to bill its customers, typically about $10 a month for sms text message subscriptions they had never requested. the subscriptions on a host of topics including astrology and flirting. with t-mobile allegedly receiving up to 40% of the fees, the rest going to the provider of the service. it's an old practice called cramming. >> cramming is items that appear on a bill, a telephone bill in which the person is billed for things that they never ordered. >> reporter: ftc chair edith ramirez says, quote, it's wrong for a company like t-mobile to be profiting from scams against its customers when there were clear warning signs that charges it was imposing were fraudulent. the lawsuit says the clear warning signs were the triedly high number of customers demanding refunds. t-mobile calls the lawsuit unfounded and without merit and issued a statement that says in part we're disappointed that the ftc has chosen to file this action against the

información le cobran a los clientes por medio de t-mobile y le dan un porcentaje de las tarifas" la ftc-mobile haba recibido quejas de sus clientes sobre las suscripciones fraudulentas y que aun as aplic hasta el 40% de los cobros. s/ maría eugenia gutiérrez , consumidora "es un robo. deberían de ser sancionados. pero en términos más simples es un robo" la compaÑa por su parte afirm en un comunicado: "t-mobile dej de cobrar por estos servicios el aÑo pasado y lanz un programa para reembolsarle el dinero a los clientes que reportaron haber tenido que pagar por algo que no haban usado" expertos legales seÑalan que los problemas para la empresa hasta ahora comienzan. s/ paul kiyonaga, abogado "es posible que habrá acción colectiva donde abogados buscan a personas que han sido víctimas de ese tipo de fraude y ellos traigan una acusación en contra de t-mobile" la comisin federal de comunicaciones tambien esta investigando y ha dicho que de ser ciertas las acusaciones podra resultar en multas serias para t-mobile. aun no se sabe cuntas personas han sido afectadas por los cargos falsos. cesar

ftc says amazon keeps 30 percent of all of the money made in these in app charges.this sound familiar that is because apple settled similar charges with the ftc earlier this year. >> sometimes just clicking those buttons, $300. >> that is a lot of clicking. >> no kidding wow. >> little fingers can do damage. >> exactly. >> still ahead breaking bad fans get first look at the spin off. >>> guess who is heading to vegas, we have details next. hard it can be...how ...to breathe with copd? it can feel like this. copd includes chronic bronchitis and emphysema. spiriva is a once-daily inhaled... ...copd maintenance treatment... ...that helps open my airways for a full 24 hours. you know, spiriva helps me breathe easier. spiriva handihaler tiotropium bromide inhalation powder does not replace rescue inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, even eye drops. stop taking spiriva and seek immediate medical help if your breathing

the ftc wouldn't comment.y thing here, the ftc is not pursuing penalties against amazon, just refunds for consumers, saying that its main focus is putting money back in consumers' pockets and getting amazon to change so this doesn't happen again. now, we've reached out to amazon for a comment but have not heard back yet. this will be a very interesting lawsuit to follow, if it doesn't settle first. back over to you. >> and the stock only down by 0.7%, but we'll keep an eye on the story. thank you so much, julia boorstin. >>> the former high-stakes poker queen of hollywood and wall street, up next. toffee in the world.de the best it's delicious. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through legalzoom. i never really thought i would make money doing what i love. we created legalzoom to help people start their business and launch their dreams. go to legalzoom.com today and make your business dream a reality. at

we're disappointed that the ftc has chosen to file this sensationalized legal action.cally the lawsuit from the ftc comes as t mobile is trying to paint itself different these days. funny thing is, the ceo recently spoke at a public event about disdain about other care years about their billing practices. talking about their price gouging, but i would say it's safe to say if the ftc can prove these claims they're making i think t-mobile needs to look in the mirror. >> thank you so much. take away, look at the bill very closely. just ahead, plastic surgery gone horribly horribly awry. a woman wanted to enhance her rear end, but the cheap solution nearly killed her. >>> hear what happened. how common these dic plastic surgery procedures really are. that's next. but with pamprin, a period means sgo!! pain relievers only relieve pain. multi-symptom pamprin relieves all your symptoms. so there's no stopping you. period. >>> if a friend or acquaintance tells you there's a cheaper way to smooth wrinkles, you should think twice. too many people are bypassing doctors to save mo

making that case for a year and a half, that there is something here that none of us know, that the ftcs not know, that the attorneys generals in various states do not know. say what you will, bill is a smart guy, and he wrote mbia for seven years when no one else saw it, but look at the market yesterday. if you need a referendum ever on your ideas, the market can be brutal, and it was yesterday. a 25% increase yesterday, the best ever for herbalife. that is an astounding judgment on what went on yesterday. i am sure bill tried to put the best face on it, and in the end he may be right, but yesterday the market loaded, and devoted sorry, bill, we do not build -- voted, and it voted sorry, bill, we do not believe you. ackman learned his lesson? will we see another presentation on herbalife with promises that come up short? >> people debate this, but i think blackman believes the case he has laid it out. as some have pointed out, -- bill ackman believes the case that he has laid out. as some have pointed out, it is more of anecdotal evidence. i do not see him going away. you put yesterday

we were able to get civil penalties because we allege google violated a prior ftc order. the second area is malware, it can cause a range of problems for computer users from unwanted pop-up ads to slow performance to key stroke loggers that can capture consumers' sensitive information. this is why the commission has brought several section five cases against entities that unfairly downloaded malware on to consumers' computers without their knowledge. one of these cases against innovative markets alleged that the malware was placed on consumers' computers through online ads. we've also made consumer education a priority. the commission sponsors onguard online, a website designed to educate consumers about base click computer security. we've created a number of articles, videos, and games that describe the threats associated with malware and explain how to avoid and detect it. finally, while going after the per va yours of malware is important, it's also critical that ad networks and other companies take reasonable steps to ensure that they're not inadvertently enabling thi

this is going way down if the ftc steps in.f not, it is a money machine. >> it could be the most american story. billionaire hedge fund manager identifies company that preys upon the weak and the poor , predatory at the least, possibly morally reprehensible. puts a billion dollars on the line. his worst enemies go after him in the market, and potentially he ends up losing. >> it has racial elements to it, because he is -- >> these -- the hispanic community has backed him. >> when carl icahn is your white night, you have issues. >> thank you very much. the professor at columbia university. bill keep. from the college of new jersey. >> my home state, the most important thing, new jersey. you not mess it up. terrific panel. >> i hope you will tune in at 3:00. i will be sitting down with the ceo of herbalife. >> we have the russian ambassador to the eu coming up. not possibly say the fun continues, but stick around. ♪ >> i am erik schatzker with stephanie ruhle. round two ofoff tech earnings with a bang. the company doubled profit

amazon said it won't settle with the ftc, refunded money to parents who complained and has implemented strong parental controls. >>> good news for movie lovers. itunes, extras, is expanding. the service offers extra content when you buy a movie for digital download, like directors commentary behind the scenes footage, and deleted scenes, previously. tunes extras only available on the pc and app. with the new upgrade it is available across all other apple products. >>> and, taco bell is beefing up its meals with protein, custom letters get double portion of steak and chicken with reduced fat sour cream and real cheddar cheese. new menu launches, and taco bell says people are really looking for diet food, they want food that gives them energy, each dish has 20 grams of protein, and fewer than 500 calories just looking at it, i'm hungry. >> at 5:38 in the morning, think we could all deal with power. >> energy, we need it. >> double portion, too, please. thanks, jill. >>> right now 5:39. and house republicans are planning to sue president obama. the white house calls it a political stunt.

the ftc has an economic analysis it will do. the ftc is in there.re the things that will matter in the end. >> here's what i want to know. who is on the other cipher of this trade? chapman basically said i'm long the chart. who else is buys into this short? do we have any idea? >> you have ackman suggesting once he heard what the stock was doing it was herbalife. you have opportunistic traders, which is what so much of this mac is right now. today is the the but it's a big day and you can't ignore that. the ngo noise of the stock is what's drowning out. until then both sides will be there trying to tell their part of the story. and ackman, of course, says it's all object fuss indicated. i can tell you there's more to the story than meets the eye. >> herb, you've been doing this, and i mean this with all due respect. i think you were there to talk about the short -- have you ever seen anything like this? >> no. >> it's we're. i've met big ackman, a perfectly pleasant guy, smart guy, a lot more successful than i will ever be, for sure. yount this, tho

the ftc wants those measures beefed up. in january, apple settled a similar complaint, agreeing to make changes and paid more than $32 million in customer refunds. >>> well, his san francisco vacation cut short. a critter from the sierra nevada is headed home. a wildlife rescue group set a trap for this marmot today in the potrero hill neighborhood. he followed a trail of figure newman crumbs into the cage. sheer another shot from yesterday. wildlife experts believe he came from a lake near yosemite national park. and he will be taken back there after he has a brief health check to make sure he is okay. >>> up next, a tough night for the first place a's and giants. >>> also, the best golfers in the world are coming to the bay area. geraud moncure joins us. >>> good evening. i'm geraud moncure in the comcast sportsnet studios. after a great start to july, giants swinging to keep that momentum rolling against adam wainwright. the orange and black dominated on may 30th. but since then, the st. louis ace has surrendered just fo

the violated the agreement according to the ftc and paid $22.5 million.ne could be quite hefty that facebook faces from the government. >> but you don't have to pay to join facebook. i'm trying to figure out what kind of monetary damages from somebody, and you know the people out there are going to look to this company with very deep pockets and try to electricity. how do they prove their case? what do they say? i saw a bunch of ice cream and made me sad? >> it's very difficult because you also have to show not only that i would think that you were one of the people somehow affected by this, but also some people have a public profile, so they allow everybody to look at what is on their profile. i have a private profile for just my friends. but people have a different way. so if you're somebody who has a public profile, how can you claim you were hurt by this? that's one of the issues, who there was a violation of any privacy. if the only looked at profiles that were public, there wouldn't be. one of the things this company that has -- this group that has

now, the ftc says amazon refused to agree to tighter controls on these in-app purchases. apple did agree to similar controls and a $32 million fine earlier this year. now, the ftc is suing amazon to force it to beef up notices about in-app purchases, require passwords to make them, and make it easier for parents to get refunds for unauthorized charges. amazon reportedly keeps about 30% of that revenue. now, the company says it already meets the requirements of the apple agreement with the ftc and has developed industry leading parental controls. >>> well, a warning tonight about new atm skimmers. they are almost impossible to detect with the naked eye. the slimmed down devices are popping up overseas and they fit inside the atm card slots as opposed to the old ones that were easier to detect because they sat on top of the atms. now, security experts believe they will likely show up here soon since they are not really much use in europe. there they use those chip and p.i.n. technology cards which make it harder to replicate stolen cards. so cover your keypad when typing in

were constructive meetings with the ftc over the last several weeks, saying the ftc is pressuring itt order in the mod yeflt apple consent order. let's get an update from the breaking news desk. >> in this letter to ftc chair a woman, amazon says "we have continually improved our experience" and says it's been treated unfairly, "pursuing litigation against a company whose practices were lawful from the out set and that already met or exceeded the requirements of the apple consent order makes no sense and is a misallocation of the commission's resources." kelly, these comments that they're deeply disappointed after the meetings that amazon and the ftc have been having indicates that amazon wanted to settle, like apple did, rather than let this go to court. kelly? >> all right, julia. thank you. >>> we also have some news now from dominic chu, or a quick "market flash." hi, dom. >> all right, kelly, check out what's happening with the gap stores. the stock is moving lower 2.5% in after hours. the retailer reported its june comp store sales fell by 2%. again, you can see their shares of

the regulators in question, the ftc, s.e.c., cannot ignore the information.ed it to them on a silver platter. up to do what journalists do. dee dee -- deconstruct and reconstruct. forget the others, the attorney general, very important. if they do anything. in the end, one of the important things, the ftc's economic am analys analysis. very important. courts have already ruled, doesn't matter -- >> and the issue having an elected foishlg saying, you know what? i'm going to be bill ackman, a hedge fund manager's bad man and i'm going after him. >> that's the concern here. people say, i don't want to e seen helping hedge -- one problem. say somebody like a hedge fund manager, pointing out issues with madoff and could have been shorted. look, this is not a madoff situation in the sense that it's these big guys losing money. used a lot. used it in our documentary. >> the other story, quickly -- >> you know what? >> to use the comparison -- >> right now through again. going to go through the ftc's economic analysis. i say it because i can't stress enough. until th

the ftc says that's wrong and the agency is suing.istine romans following this interesting story. >> it is interesting. those kindle fire games, buying coins and stars, inner app purchases, wracking up lots of dollars on the family bill. the government suing amazon. amazon fighting back, ahead after the break. >>> well, this could be a game changer for many parents. the ftc is suing amazon over millions of dollars that wound up on the kindle fire bill. it's money that the kids racked up playing video games. regulators call that practice illegal. christine romans is joining us from new york. are we going to see all the parents get refunds, christine? >> you know what, parents has been complaining about this for a long time and they're suing. they allowed kids to purpose the items without requiring a password for too long. they're looking -- they're looking for money for refunds for all the parents affected. it could be in the millions of dollars because apple -- apple settled with the ftc over a similar issue. that refund was $32.5 mil

the ftc says t-mobile continued to add charges to customer bills even after it probably knew they wereraudulent. they say they billed customers for bogus text subscriptions like $10 a month horoscope subscriptions ignoring warning signs when 40% of customers demanded refunds telling them the charges were fraudulent. the ftc says its goal is to force t-mobile to repay the customers and launched a separate investigation into it. mobile's billing practices. >>> a new lawsuit in effect -- excuse me, a new law in effect means no more changing that smoke alarm battery every time you turn back the clock. from here on out every new battery-operated smoke alarm must come with a 10-year nonreplacable battery. two-thirds of all home fires occur in houses without a working smoke alarm. mainly due to dead or missing batteries. >> the need for fresh batteries is really important because if your alarm isn't working, then -- or chirping, they are going to take it down and it's not going to provide you the early detection. and so what's happening today is the requirement for a 10- year battery. >> now,

this is about the business model, what the ftc or other regulators or states attorney generals will or. that is really what is going to make this happen or not happen, and this information gives him the goods, these guys, regulators, can't just turn a blind eye to serious information. >> no, but there are those, the trade verse sort of watched the ago in this stock over the last 12 months, you've seen big investors and smart ones get in on the other side. >> smart. >> saying, look, if regulators haven't shut this company down by now, they're not gonna. >> they never thought regulators were actually going to go in and investigate. remember that originally, they are not gonna go in there and investigate and they launched an investigation, the ftc certainly d did. >> i think the people that rode the rally in the stock were trying to pin a desperate short to the mat. it worked a great trade. the hedge fund managers have exited. e icahn is still in there. if that makes them less bullish on herbalife and liquidate their shares, who knows. you ask yourself, you know, how many people are also

lawyer, a former ftc said it would be a challenge to prove it is a pyramid. >> proving an operation isyramid can be complex. the ftc will look at all the evidence to determine whether the operation is primarily designed to sell distributorships. or is it really designed to sell products to multiple consumers? that can be a difficult line to draw. all of this will likely take a long time. i would suspect it would be at least a year. it could be even longer. questions like, is it too good to be true? is herbalife a pyramid scheme? >> no. [speaking spanish] no. >> we are joined by a partner in a litigation department, a former senior counsel in the kernel division at the u.s. department of justice. he joins us at our washington bureau. thank you for your time today. >> thanks for having me. >> what is the narrative? how tough will it be for federal investigators to make a criminal case against herbalife? a good day for herbalife. no company wants to find themselves on a news program like this, and to find a number of complaints filed against them. i think from their perspective the bigges

such as special weapons one mother says her child spent more than $355 the end game purchases so the ftc wants amazon to give everyone affected by calling the purchase is illegal. and as i handed out some refunds and now tell holders have to give consent for an ad purchases. >> : a man rescued off on it after it falls down into that window well. the guy saw the mother dear hanging out near his neighbor's house at the window he walked over went down and the wheel while the rescue of fun. mother was watching from a distance a car picks up the far right there in the fall on the der the funds on a steady but they it walk away. both deere and fonds said to be doing well. all out like a happy ending three lovely the fund. we of leather to coming up for this weekend going to see lots of sunshine and warmer temperatures will saturday sunday be of low clouds out there at the close of pit just waiting to come into the bay are coming in the severance as quickly pushed inland for tonight for tomorrow morning pettifog but will clear more end quickly as a result of this slightly warmer especially engl

the ceo said the ftc complaint was unfounded and without merit and that it is misdirected because it is the third-party providers that should be held accountable and taking to twitter he tweeted -- so, this lobbyists big carrier in washington work. the fcc is adding fuel to the fire, announcing they are also investigating customer complaint and is coordinating a probe with the fc -- ftc. >> is the irony lost on him at all, yang yang? >> not at all, because they have been marketing themselves as the un carrier. fightinge t-mobile is harder than any other carrier to change the way the industry works. he says they are the ones being singled out when everyone else is guilty of this. win or lose, this was just filed in federal court yesterday. it was not good for t-mobile's image. the ftc has taken action against three companies for cramming but t-mobile is the first to be identified in a major suit like this. >> yang yang, thank you so much. yang yang in washington. did you see the match? the world cup match between the u.s. and elgin, 100 -- and ium.'ll jim -- belg 120 minutes of drama.

their evidence will be written by an ftc official apparently were supported by an ftc official in some investing public will get both sides of the story tomorrow liz: remember when herbalife found bugs, listening devices planted inside herbalife headquarters in california. we were the first report that. will you ask if they figured out who planted those? >> of course i will. thank you for prompting my memory. liz: because i have wondered about that. it was not a governmental. it was not like you had some prosecutor who had asked for some ability to do that. >> right. you know, the company confirmed that the time to us that they had listening devices. they claim it was not a -- it was not a government listening device. he knows. anyway. liz: the stock is getting killed. >> even more now. this is a volatile i'll stock. we have said it in the past. if you want to play this game be ready -- be ready to ripped back-and-forth by the billionaires' but from what i've understand the is that out of the stock in does not plan to beat. the company tomorrow will address his presentation. liz: we lo

the ftc thinks they have some answers. they want to make sure that all of those charges are in one section of the bill. so even about if it says something generic like service charge, you'll know it's not coming there your phone company. they also want to inform customers you have the right for ask that no third party billers bill on yo phone account. in other words, no one other than your phone company can try to get your money. so they're working on it. we'll get more details this afternoon. >>> new developments this morning in the israel/gaza conflict. they dropped leaflets asking people to tell them where military tunnels are after another u.n. school was targeted. more than a dozen people were killedhen tank shells slammed into the crowded building. richard engel is live in gaza with more. >> reporter: good morning. this is yet another u.n.-run school being used as a shelter for palestinians that has come under fire. witnesses tell us that it happened around 4:00 in the morning local time. the school was full of famil

>> they're as powerful because of ftc because of martin act. they could shut them down.hey are not investigating. are they looking at complaints? yes. are people coming to them? my information as of now they're not investigating. i will say this, this company is not problematic from whether it's a pyramid scheme or not. melissa: okay. >> it is numbers that don't add up. why is it so volatile? how did you miss a number down 20%. that is like insane. how are insiders selling in at a time like this? these are real questions i don't think he really answered them. melissa: coming up, deadliest outbreak of ebola is plaguing west africa. it could get worse. new fears that could spread beyond the borders as death to continues to rise. it could be only a plane ride away from reaching the united states. more "money" coming up. we never thought we'd be farming wind out here. it's not just building jobs here, it's helping our community. siemens location here has just received a major order of wind turbines. it puts a huge smile on my face. cause i'm like, 'this is what we do.' the f

but apparently the ftc is really only giving this company a slap on the wrist. that confuses me to be honest with you. >> where do you fall? there are people watching out there, myself included, we want to support american made products. >> where i come out is this couldn't be simpler. if it says made in the usa, you want it to be true. what's interesting is the company sold the license but they really didn't do the due diligence. this case hopefully and we talked about this will get moving in the right direction. a little more compliance and more checking and more background work to make sure the label is true. >> maybe one of the reasons they didn't do some of the checking, maybe just looking sort of from my point of view is that it's hard to make your entire product just in the usa, right? >> it's very difficult. the guidelines say it has to be virtually entirely made in the usa. so all of your nuts and bolts and your threads need to be made in the usa. it's hard. then okay don't make money from selling the license if you can't get enough people to comply wit

t mobile says the ftc's lawsuit is unfounded and without merit.lmost half of workers with college degrees say the degree is not very relevant to what they're doing today. that's from the finding from a survey from the employment firm glass door. the poll also found that 80 percent of college grads believe their level of education has helped them that their career. the dow flirting with that 17,000 mark and closing just shy of the milestone. right now the futures pointing to a higher open. finally restaurants are cutting back on the amount of salt in their foods but very slowly. the large chains have lowered sodium by just 1.5 percent over the last four years this is according to a study from the center for science in the public interest. the group says that subway mcdonald's and burger king have cut salt but kfc and jack in the box have increased it since 2009. matt something to think about as you get ready for those burgers and hot dogs on the fourth. >> absolutely. thanks so much maribel. see you tomorrow. >>> new on "action news" berks county c

. >> ftc now accusing t-mobile of over charging customers.he agency claims the cell phone carrier made millions of dollars by charging customers for services they never authorized. those services include flirting tips, horoscope information, and celebrity gossip. the ftc wants row funds for customers, t-mobile says the accusations are unfounded, and without merit. >> so we give you all that, we just don't charge for t southwest airlines expanding service internationally, carrier will now fly from number of us cities to jamaica a the bahamas and ar rube. southwest taking over routes flown by air tran airways which it bought back in 2011, the carrier plans to add service next month to cancun and lost cab owes in mexico. in november it, will start flying to mexico city, and the dominican republic. >>> some members of the hindu fate are calling on urban outfit tears stop selling due vai cover they call inapropriate. >> we'll explain it, the product from urban outfitters, constantly have controversy, some are upset about it because it has this ima

the ftc is calling to say you are ripping off customers. what would catherine zeta jones say?s is "way too early." who doesn't love a good sound effect to start "way too early." i'm thomas roberts. this is the show where i stayed in the same hotel as kathrcathe zeta jones and michael douglas. let's get to it. it is the day after. they call it a beautiful game. american soccer fans across the country are feeling major heart break this morning. the national team falls 2-1. the red devils knock in two goals. the final outcome could have been much worse if not for tim howard.

the ftc said the phone company build customers for third party services that they had never authorized. such as $10 a month for horoscopes. the practice is called cramming. t-mobile calls these allegations unfounded. a lot of americans decided it was time for a new car last month. new figures out today show that cars were selling at the fastest pace in eight years. at gm show rooms, sales were up 1%. ford sales fell six percent. sales at chrysler were up nine percent. sales at gm came in spite of deflects and massive recalls. >> a day after another massive recall, gm reported surprisingly strong sales. a modest 1% in june but with two fewer sales days than last year, gm says that equated to a 9% gain. the first love of the year the company said was its best retail sales performance since 2008. >> yesterday's headlines compared to today's headlines, i mean they completely paint a story of two different companies it almost seems. >> jessica caldwell is senior automotive analyst with edmunds.com. >> are you surprised that gm's reputation hasn't been affected by this. >> it is counter intu

. >> could you explain what immigrant e is as well, or the projects within the ftc? ~ >>> immigrant e is an organization as well. they help a lot of people, especially like in my case ~. we've been a victim of my, you know, of [speaker not understood] issue that happened a long time. also because i work in a facility [speaker not understood] and we don't know where to go because of the [speaker not understood]. so, [speaker not understood]. and of course the filipino community center. we become more [speaker not understood] -- we have the courage to express, you know, what's going on with our -- in our workplace. and, so, they introduce us like the olrc to give us more help and, you know, for -- it is easier, it became easier for us to win this legal battle because of this legal advocates like the olse, like the -- how do you call that? employment [speaker not understood] and of course the filipino community center. >> thank you for being such a great leader and mr. wu as well from cpa. i think it is a perfect example of worker empowerment from worker centers and mod

the ftc is suing amazon over inapartment purchases by children. unauthorized in purchases, amazon didn't require passwords or consent for those kids in app charges. the ftc is seeking refunds for amazon for those unauthorized pushes. the lawsuit filed. amazon is trading down fractionally. scott? >> similar to what happened with apple, but apple i believe settled. did they not over this very issue? >> apple did settle. a contentious issue of how in-app purchases by children should be handled, because if the company is charging and no passwords are required, the question is whether or not kids really have the right to make those purchases. so i think this is going to be the kind of things that going to be in the spotlight not just for amazon but moving for for apple and any company with in-app purchases for kids. >> juliaboorstin, thank you. >>> andicing the most foolish second half plays next. our "halftime huddle" is vat ahead. straight ahead. ahead. straight ahead. head. straight ahead. ead. straight ahead. ad. straight ahead. d. straight ahead.

the ftc said the cell phone carrier allowed third party companies to charge for things such as who rowcopes. they collected up to 40% of the charges. it says the allegations are unfounded. >>> graco, expanding a car seat recall. largest in history. adding more than 2 million to the recall, because buckles can become gummed up by food and drinks. they recalled 4.2 toddler seats for the same problem. >>> jpmorgan chase jaime diamond has been diagnosed with throat cancer. it's curable, and he's going to stay on the job while undergoing chemo and radiation. he led them through the recession and the meltdown of the mortgage market. >>> new this morning, the food police exposing new secrets about salt at our favorite restaurants. at kfc, sodium up 12%. and red lobster, chile, olive garden, serving meals with 5,000 milligrams of salt. that's three days worth. subway is a standout, cutting it 27%. >> love my subway. >>> and the u.s. workers least likely to take vacation days. failing to take them at all, that's 420 million unused days per year. >> you have to use your vacation. come on, now. >

the online retailer says it is prepared to go to court against the ftc over charges it hasn't done nutprevent kids from making millions of dollars in unauthorized app purchases. amazon has already refunded money to some parents. >> target is asking socustomerso leave their guns at home. they say walking into a target with a gun while legal is at odds with a family-friendly experience. they say it's a request and not a prohibition. the retailer does not sell guns. >> and a letter has finally arrived 83 years late. the post office delivered a letter which somehow got lost in 1931 to a family in maine. the nine-page letter carried a 2-cent stamp. it was written by a maine school teacher to her mom. ironically the letter apologized for taking too long to write i guess that's why they call it snail mail. >>> according to a new book, baseball star alex rodriguez used drugs in 2007 and he may have done it with the blessing on major league baseball. the authors of "blood sport" says rodriguez was given permission. the writers say a-rod was one of only two players granted an exemption to use te

to us i have no problem with data brokers but in the states it is a trillion dollar industry and the ftc has sanctions on ten of the broker companies and if i write to a company that has the data and asks for a full copy of what they collected about me they are not mandated to send that to me. it the same environment 20 years before with the credit card side of things. they didn't have to give us information about stuff we purchased. so when there is a sense of the data being collected about me, my kids, about you, about us that we don't have access to by one particular part of the culture, i think that is a dangerous precedent and i am fighting people to understand this is your data and you should get to use it and i am not trying to dictate how they would use it but there is no standard policy about how the companies can or should collect it. >> host: how do the data brokers get their information? buy it from facebook oboe -- or google? >> guest: it varies. sometimes it is purchased from third parties or data taken from the source of say a browser, a web browser. and they have gotten g

in a letter the ftc amazon said it was kpreerped to defend our approach in court rather than additional disclosure requirements. facing a lawsuit by the ftc wanting the company to accept terms similar to those apple agreed to earlier this year. some parents not so happy about this, guys. what do you think? >> i'm not happy -- my kid, my 12-year-old, when he was slightly younger spend $3,000 in 15 minutes on an in-app purchase. i have an opinion about this. he didn't know it understand it, it was very dimple and luckily we were able to reverse it, because he had a pattern of buying $10 a week or something like that, but it was -- very -- they're hard and i think that there has to be some rules around these in-app purchases. >> what is the defense amazon has here? >> i'm not sure. i'm not sure. i think they have to be friendly to consumers and i think kids, when they play these things, they get so fwitwitchy with the. i literally couldn't believe to see, you know, on my charges what happened in a very short order. so i think it's incomprehensible that kids, on these little phone, it's ver

the ftc says amazon hasn't done enough to prevent kids from making so-called inapt purchases. the dispute is over charges on kindle devices where it can sometimes be difficult to tell the difference between virtual or real currency to acquire virtual items. amazon says it's already refunded money to some parents. >>> a judge is telling the irs to explain lost e-mails. the ruling orders the internal revenue service to explain under oath how it lost e-mails to and from executive lois lerner in the controversy over tax exemptions for tea party groups. the irs says it lost eames in 2011 when computers crashes. the ceo of a startup company got into a taxi in washington, d.c. and became a passenger in a wild car chase. the driver was speaking with a d.c. taxi inspector when he sped off with the inspector trailing closely behind. eventually the uber driver stop and the executive got out safely. marlie? >> that must have been uber scary. jill wagner at the new york stock exchange. jill, thanks so much. >>> sports fans wait for a decision from basketball's biggest star. lebron james ha

amazon calls the ftc action deeply disappointing. >>> reports of the death of the personal commuter may be greatly exaggerated. a survey released this week shows pc shipments in the second quarter of the year did better than anticipated due in part to businesses replacing older desktops. >>> europe bubbles up, the fed sets an end to a big program and earnings season is about to begin. so what does it mean for the markets and perhaps more importantly your money? joining us with more is michael fredericks. it's a go-anywhere fund with more than $8 billion in assets under management. good to see you, michael, thank you for being here. >> thank you. >> europe kind of loomed its ugly head once again bubbling up with worries about banks over there, specifically in portugal. how worried should we be about europe at this point? >> well, it's -- the issue is, we think, probably very isolated, but it is not very transparent. so the market, i think, is still trying to determine what exactly is happening within this entity. we don't have exposure to this but it does raise questions about the broade

the ftc suing amazon. this is over apps that children have been using.his whole story of app purchasing, apple settled and said, look, we're going to set aside $32 million to pay back those parents whose children have used these apps inappropriately. amazon is pushing back at this stage. looks like this one's going to run a bit further. maybe we'll get an apple-typeset settlement. >> also, explain changes for microsoft. >> this is fascinating, isn't it? we've long thought of microsoft as the gamers friend with xbox, in mobile handsets. they have been in the heart where a game as much as they've been a software business. but the ceo sending out an e-mail to employees a broad, far reaching conversation, basically saying we can't just rely on hardware, we're going to have to do more in both the mobile software and in the cloud space. and this really the big push from the ceo saying, we need to reshape this company. but you know what, gamers, relax, the xbox looks safe for now. back to you. >> thanks so much, jeff, appreciate it. have a good weekend. >>> sti