i began my career at the ftc in the enforcement division, insuring that companies subject to ftc data security consent orders were, in fact complying. the 59 technology companies that iti represents are leaders and innovators in the information and communications technology sector. when consumer information is breached individuals may be at risk of identity theft or other financial harm. year after year identity theft tops the list of the number one complaint reported to the ftc. consumers can take steps to protect themselves from identity theft or other financial harm following a data breach. federal breach notification legislation would put consumers in the best possible position to protect themselves. i take this opportunity to outline three important principles in connection with federal data breach notification legislation. first is preemption. a federal breach notification framework that preempts the existing state and territory breach notification laws provides an opportunity to streamline the notification process. complying with 51 laws, 47 states 3 territories and 1 district,

all power was placed with the ftc. you do not see individual actions under that rule. >> my time has expired. >> the attorney jacks and -- general's action is under that rule. >> my time is expired, but i would suggest that approach to preemption is broader than this committee should consider. and that a more narrow view of preemption, such as attorney general madigan has suggested if there is to be any preemption at all, is one that is more appropriate. thank you. >> senator fisher? >> thank you, mr. chairman. thank you for holding this hearing today. ms. maguire, as you know numerous reports have linked nationstate actors to cyberattacks. some of the same countries implicated in these reports may require u.s. i.t. companies to turn over intellectual property including operating software, source code, in exchange for market access. are you concerned that such information, in the hands of what we could call and irresponsible after, could pose additional security risks? >> thank you for the question. we are concerned ab

it is extremely rare for the ftc to sue in these sorts of situations. you look at some number of 2013 the only sued in 1% of the mergers and acquisitions that have been put before it. this is not a regular occurrence. look at the stock reaction we are seeing in sysco. overall, shares down 2% on the day. they have remained steadily down around those levels. perhaps this is something investors thought could be a possibility. mark: thank you. let's get you some of the day's top stories we are following at this hour. walmart will begin paying its u.s. hourly workers at least nine dollars an hour by april and $10 an hour by next february. the plan will result in raises for about 500000 and part-time workers -- five500,004 and part-time 0 full and part-time workers. athe latest in a series of blows to american express after its with costco and jetblue airways ended. american express says it plans to appeal. up next, the power of saudi arabia and the world oil markets. we will have details when "bottom line" continues in a moment. ♪ mark: it is 15 minutes past

all power was placed on the ftc. you do not see individual actions under that rule. >> my time ashas expired but i would suggest that approach to preemption is broader than this committee should consider and that a more narrow view of preemption such as the attorney general has suggested, if there should be any preemption at all. thank you, mr. chairman. >> senator fisher. >> thank you, mr. chairman. miss mcguire, as you know, numerous reports have linked nation state actors to cyberattacks. additionally some of the same , countries implicated in these reports may require u.s. i.t. companies to turn over intellectual property. that includes interop -- operating software, operation source codes in exchange for market access. are you concerned that this information in the hands of an irresponsible actor could pose additional cyber security risks? >> we are concerned about having to turn over any of our intellectual property to any country. we believe that that is an infringement on our ownership of our intellectual pro

the ftc acknowledged that a lot has changed.o are saying it is not going to be a concern although they're are not talking about the contract segment. their point to language used in that decision and saith they already drew a line and say the world is different -- >> can i comment on something? >> please. >> i think it is instructive to look at what is been happening in the cisco merger involving food wholesaling. intense scrutiny for almost a year. massive did best teacher that may or may not lead to the deal being approved. it shows how carefully the ftc is scrutinizing mergers and distribution markets. i think this means staples and office depot have to put their best case together to get this through. >> what you think is the best case? >> i think they are going to have to find a very strong candidate to acquire divested assets to resolve the competitive concerns in the contract market. it may be difficult to find a company with sophistication and assets to effectively restore competition that is currently going on between s

the ftc is set to vote tomorrow.lican lawmakers conceding that a fight with the white house with proposed rules may be over. expected to rule like a public utility. >>> also, southwest airlines grounding 128 planes overdue for inspection. that represents about one-fifth of its fleet. as of last night at least niebt flights were cancelled. the planes were boeing 737s overdue for inspections for backups on systems used to control the weather if the main system failing. the faa has agreed to let southwest continue using those planes for five days while the inspections are completed. >>> among the stocks that we're watching this morning, they're moving around. layers is getting a boost after earnings beat wall street expectations. seeing lowe's and to me depot basically the same stock. i think lowe's has done better over the past 12 months. >>> shares of hp hewlett-packard, trading down over 2 points almost 5%. the company's earnings were ahead by a penny. but revenue fell short. and the company warned that full-year pro

take sot ftc 18:19:38 "los consumidores reciban un producto que no era lo que se supone es decir quel reclamo .. "a los que se negaban a pagar se los amenazaba con demandas ficticias adems de denuncias a las autoridades migratorias" los abogados de los acusados no respondieron nuestras llamadas .. encontramos la direccion con la que esta registrada la empresa y... denny alfonso/los angeles bridge: vinimos a una de las sedes de la compaÑia aqu en los angeles y personas en este edificio nos pidieron retirarnos, diciendonos que oro marketing ya no opera aqu.. de acuerdo a la ftc la compaÑa con sede en california habria ganado mas de 5-millones de dolares a traves de su esquema de telemercadeo. las autoridades buscan reembolsar a los afectados y educar a las mujeres hispanas sobre tener precaucion a la hora de recibir ofertas para revender productos y advierten que el hecho de ver en television o escuchar en radio la publicidad de un negocio no le garantiza que sea legitimo.. [take sot] sandra ortiz/compro por telemercadeo 14:3125 "ya ve que uno de latino se deja llevar que por marcas qu

the ftc says, do not respond anthem will be only contacting customers by regular mail. ukee and erika. >> okay. jill, lots of couples who are about to get married register for things like china, silverware but now an electronics store wants a piece of the action. >> reporter: if you are getting married and more interested in flat screens then dish wear you can register at best buy. the nation's largest consumer electronics chain has launch its first wedding registry. best buy wants to because sales and make itself more relevant to younger shoppers in their 20's and 30's. i say brilliant. >> i was just going to say this day and age i can see that. >> how many days do you break out the the the nice china. >> let's watch the game. >> or silverware, who needs it. >>>> thanks, jill. >>> coming up a after a short break, traffic and weather together on the >>> let's get our traffic and weather together. good morning vittoria. >> good morning everyone. the just great news on the roads. really nothing to talk about. the it makes my job easier and your commute better. a as we loo

the ftc is working as far as where can tell diligently on it. but at the same time it is complicated. it probably won't happen. you happen, they delayed it until 2016. at least a couple years ago. at least a year and a half. but we have the aws-3 auction which is underway. the only thing we know is it produced higher bidding than anticipated. >> host: were you surprised by the numbers? >> guest: i wasn't tremendously surprised but i think the numbers say two things about what was contrary as conventional wisdom. one was the need for and therefore the demand for spectrum parties claimed wasn't as great. we heard that often. we heard people say there is no spectrum crisis. i think the value of what is being done in that auction

. >> how today's decision from the ftc could impact how you get on l line every day. we will be right back. thank you, cable for the slower internet upload speeds. for making me wait longer to share my photo albums. thank you cable, because if we never had you we wouldn't know the incredible difference verizon fios makes. in customer satisfaction studies, fios is rated #1 in internet speed and reliability - 8 years running. plus, fios has the fastest wi-fi available from any provider. period. see the difference for yourself. get a fios triple play online at an amazing price, guaranteed for two full years! plus, get a $300 bonus with a two-year agreement. call the verizon center for customers with disabilities at 800.974.6006 tty/v >>> we have an eye on the storm, cbs-3 mobile weather lab driving down the shore and storm scan three showing snow moving in the our area katie lets you know how much snow to expect when we do traffic and weather together on the three's coming up in a few minutes. >>> new this morning mar juan ace now legal, just a few hours away from philad

it's uncertain by its nature at the ftc approach here. we'll have to wait and see. they are giving them cover 1.25 billion revenue willing to divest that 250 million breakup fee and synergy numbers are conservative. if it goes through, nobody argues it ain't going to be a good thing. >> no, a chart of dollar tree. you can see a period people said, it's a good deal. you realize it's a great deal. maybe this pause -- it's going to be a good deal okay enough -- and then this takes off. this company is worth -- this is two plus two equals five it really is. >> when that is the case you want the antitrust authorities to look closely, ala airlines. >> you mentioned disney. we'll talk about disney and chipotle after the break. shares of gm and chipotle in opposite directions. busy day for earnings. also talk with lending club founder and ceo renaud laplanche, alliance with alibaba. premarket, recovered 70% of losses for the dow in january. 80% of the s&p's losses from last month. a lot more "squawk" on the street from post 9 in a moment. i am never getting married. never.

david sanchez/ vocero ftc "les prometan productos de alta mercanca por ejemplo gucci o ralph laurent productos se supone que los consumidores los podan revender y tenan que pagar por adelantado cientos de dlares entre $400 y $490 dlares" la comision federal de comercio recopilo testimonios de varias personas.. estos son los documentos de una demanda que se presento contra la empresa que operaba tambien bajo el nombre de 'oro marketing'.por orden de un juez la compaÑia tuvo que detener temporalmente su alegada actividad delictiva en estados unidos. "los consumidores reciban un producto que no era lo que se supone , es decir que reciban unos productos de muy mala calidad" y al tratar de comunicarse para hacer el reclamo .. "a los que se negaban a pagar se los amenazaba con demandas ficticias adems de denuncias a las autoridades migratorias" los abogados de los acusados no respondieron nuestras llamadas .. encontramos la direccion con la que esta registrada la empresa y...bridge: vinimos a una de las sedes de la compaÑia aqu en los geles y psaen esteificio nos pidieron tirarnos diciendo

the ftc says don't respond. anthem health will contact its customers by regular mail and, of course, if you have a consumer problem, contact our wusa9 call for action team to file a complaint or so. >>> facebook takes a pudge from craigslist. members of the -- page from craigslist. members of the social media site can now list things they want to sell. facebook says this could help small businesses that do not have a large online presence. >>> he's accused of trying to solicit a prostitute in d.c. coming up, a deal that could keep basketball analyst greg anthony out of jail. >> somebody is threatening military wives all across the country, but it looks like he picked the wrong women. i'm bruce leshan, this story coming up. >> reporter: a d.c. police commander takes the chief to court, claims he was >>> a d.c. police officer has lost a multimillion dollar lawsuit against his chief cathy lanier. captain burton hilton wanted whistleblower protection after claiming he was challenging lanier about escorts police were

the ftc should be able to update the definition in response to new threats. in terms of whether entities are doing enough to protect the people's data come unfortunately , it has been revealed that entities too often fail to take basic data security precautions. we have found numerous instances where entities allow sensitive personal data to be maintained unencrypted, failed to install security patches, collected sensitive data that was not needed, retain the data longer than necessary and failed to protect against compromised login credentials. congress should provide a provision requiring them to take reasonable steps to protect that information. an entity who suffers a breach should not be conducting the self-serving harmon analysis to determine whether consumers get notified. imagine if a landlord learned a renter's home was robbed and they had the opportunity to decide whether the stolen items were significant enough to let the renter know about the robbery. this is what you will allow when they do their own harm analysis. designate a federal entity to i

after prayers on friday, expressing solidarity with the king to ftc and the government in the war against i.s.i.l. these sentiments were expressed on thursday when king abdullah visited the mourning tribe. this is where are jordanian mu'ath al kasasbeh's family king abdullah played his respects to the kasasbeh tribe. he told the father that jordan's royal air force had just are held a relentless re response against the murder of al kasasbeh. now he expect more support for going to war. >> planes from the jordanian royal forces have just arrived from el raqqa. >> the wife of mu'ath al kasasbeh is inconsolable. she's 25 and they were only married for five months. el kasasbeh's mother is also shaken and heartbroken. none of el kasasbeh's immediate family is speaking to the media. >> i'm so proud for miss brother, i would also offer my four sons for the are service. >> i call on one jordanians to be one heart one mind and one soul and we demand revenge. our hearts will not rest until are we are avenged. >> people here say siefl has made a concerted everyday to try to turn join. jordan's resol

groups and public when 9 commissioners such the planning commission and the board of supervisors or this ftc commission they help us in city hall this is a beautiful building it really is the inner workers of the building you feel you're in the heart of government and it's exciting to be part of that

groups and public when 9 commissioners such the planning commission and the board of supervisors or this ftc commission they help us in city hall this is a beautiful building it really is the inner workers of the building you feel you're in the heart of government and it's exciting to be part of that >> ♪ ♪ we are definitely pioneers in airport concession world a world of nationally if not entirely or internationally >> everybody is cop us right now. >> the people that were in charge of the retail this is where that began. >> i didn't think we would have a location at the airport. >> we've set the bar higher with the customer commerce. >> telling me about the operator and how you go about finding them and they get from being in the city to being in the airport. >> so first, we actually find a table and once we know what we want a sit-down we go to the neighborhoods in san francisco and other people seminary of the retail let us know about the rain water and are excited to have the local operators in the airport. >> we have to go going through the conceive selective process and they award a l

the big question mark, of course, is the ftc.hey tried to put this deal together and it was blocked but it was narrowly blocked. it was done so considering the competition as office max, office depot and staples at the time. we all know the world has changed and there's a thing called the internet that's created. amazon is one of the largest players in office products. there are hundreds of internet only office products providers. there's also walmart and target and virtually every grocery store, drugstore, every store you can think of you can get office products. the market is highly fragmented. the combination of the two will still be a relatively small share and still be approved. >> and you trust defense attorneys love amazon because it becomes the de facto excuse for anything, any kind of market, if you will. here's my question. if three retailers separately, office max, office depot and staples would not win independently, why should we believe they can win together? >> every specialty retail segment is consolidating to one

ftc. >> reporter: the first air campaign happened just hours after egypt's leader warned it would respond to the killing of 21 egyptians in libya. the group had traveled olibya looking for work. after video was posted online that appeared to represent them being killed by i.s.i.l. egypt has run a campaign against what it calls terrorists groups in the sinai peninsula and one of its latest videos i.s.i.l. also made a direct threat against italy the country separated by from libya by a narrow strip of the med strainian mediterranean sea. >> are omar sully takes a closer look. >> in the east a renegade halifta hafta formed the libyan renegade army, terrorists from she sherea haftar last the back of the western recognized parliament which was elected in june 2014 to replace the general national congress which had been elected two years earlier. but after weeks of infighting the gnc refused to disband and accused hafta from staging a coup. the shield of libya loyal to the gnc forced the new group out of the capital and relocated in the eastern city of tobruk, fell under the dawn of libya force

. >> reporter: in a rare move the ftc has now gotten into the site, just last week banning another revenge porn site is anybody down.com and ordering its operator to remove an estimated 1,000 nude photos once again posted allegedly without the victims' consent. the world of involuntary porn is a strange one with when we met who many consider the godfather. he says he's never hacked anyone. his former website, is anyone up.com was designed for humiliation on a scale only the internet can offer. >> reporter: it's all about humiliation? >> yeah, it is. >> reporter: and you are fine with blasting it out and basically ruining in some cases other people? >> i mean to he i don't know these people. and it's kind of anonymous to me. i think the people submitting it are the ones who should be, you know feeling bad when they do click that submit button. >> reporter: you have no empathy? >> no. they're characters and avatars on a screen. >> reporter: he boasted about the woman who came to his door looking for her own brand of revenge. >> i was walking out of my house one day and out of nowhere, the gi

expects to close the acquisition as early as next tuesday, the 17th, following notification from the ftchat it's closed its investigation. so a earnings miss, a slight revenue beat. they may close their transaction by early next week. zillow is up about 2% right now. >> thank you. keeping you busy on this friday afternoon. dan, was this a mistake. >> no, it wasn't by any means. a lot of traders were looking for this. it was one of the last of the internet services to report. the biggest is this trulia news. they've seen short interest go up dramatically because of the arms spread that was going on. they really need to kind of articulate what the sort of cost savings are going to be. it's down 35% from the all-time highs last year. investors have kind of lost their interest in some of these models very related to advertising. >> we have a bullish story to tell. are you a trader? >> taking a look at it, it's not that surprising to me that the stock is holding up despite the earnings miss. as long as they have a slight beat on the revenue line, people are going to wait for it. really need t

ftc norman mclane made there blackfoot famous in "a river runs through it." , are concerned about climbeduences, in this, wild country, it may be that science needs to save the day. global warming is putting the state fish, the west slope cutthroat trout, in danger. >> all right, we're going to need the fisher and all the pit-tagging equipment. >> clint mofelt monitors the rivers for the u.s. geological survey. they're looking for solutions. >> this area's actually warming at two to three times the global average. the worst cares scenario would be that the rivers, dry up, warm up too much to the point where trout can't inhabit these waters anymore. nothing like sampling trout in montana. >> mosel and his teamwork the glacier nationality park. >> this is climate poster child of north america. as temperature starts warming, we actually see fish moving up the mountain sides. >> that means the trowts trout migrate to cooler waters. >> this should be a good day. we go into small streams and we use a back tack electrofisher. there's one right there cutthroat. chaka kahn we're on. >> what are we

the ftc says watch out for that trick. anthem says it will contact customers by regular mail. >>> tonight powerball jackpot is into record breaking territory, fifth largest ever. it stand at 500 million. yes, half a billion dollars if you can somehow figure out all six numbers. >> a lot of people have their tickets in hand tonight praying and hoping this is the night. our mola lenghi talked with some millionaire hopefuls. have you gotten your ticket yet? >> reporter: right there. there's your answer, jan. i knew it was coming. folks have been in and out of this northwest d.c. convenience store all day long. they come in, punch their numbers in, aiming for their chance to win $500 million, powerball pros, folks who seem to always have skin in the game and powerball first timers who couldn't resist a chance winning that much money. people say they need the money, people who told us they admit they just want the money. some state they would retire. others say they would try to give some of it or most of it away, but they all

ftc in two minutes. brp >> it's not a new story. every february, companies around the country roll out campaigns to celebrate black history month the best way they know how. special products like nike's black history month shoes. but in the twitter-verse many are calling this advertising as flat out exploitation. as david arioso tells much more profound than sneakers. >> it looks like a poignant documentary . martin luther king's march on washington d.c. but in fact it's a walmart ad, celebrating black history month. american companies like coke, southwest airlines and at&t celebrate black history month. it isn't a new phenomenon but the outrage over the ads this year is. >> anger frustration, being upset over the constant marketing ploys. ♪ ♪ ♪ ♪ >> zeli amani is an activist, a blogger on social media. black shoes and apparel from nike. the question posted on twitter is it a black history month celebration or a capitalization. nike says it separates athletes and leaders who are big in culture. >> the history of my people shouldn't

the ftc reached that conclusion and approved the deal. >> your stock has taken a hit throughout thatencer. there was some caution about whether the deal would happen, some costs associated with the deal. it started as a $3.5 billion but now $2.5 billion. have you talked to your shareholders about that and what's the outlook for more stable earnings and a recovery in the stock price? >> well, this was a stock for stock deal. trulia shareholders received about a third of the company and zillow shareholders received about two-thirds of the company. the total value of the deal fluctuated based on how much zillow is worth and at the time of closing the final consideration $2.5 billion. the synergy potential is significant. zillow will operate the family of brands and the zillow and trulia brand and hot pads and street easy brand each will have different points of sale for consumers. so they'll attract different and largers audiences. behind the scenes we'll integrate sales, listing information and data aggregation and cost savings as a result of that. that's the strategy behind the creati

if you find evidence of identity theft, let the ftc and police know. >>> whole foods is making moves so a trip to the store doesn't eat up your whole paycheck. the upscale supermarket has cut prices as it tries to rework its image. whole foods said profits jumped last quarter after more than a year of slowing sales. >>> facebook has a way for you to control your social media page even after you die. it's created a legacy contact setting allowing users to pick a your account after you die. he or she cannot post as you or see your messages, but they can respond to friend requests and update the profile and cover photos. facebook says thousands of people asked for a feature like this. it's on the security tab in your settings. >>> best buy making the whole getting married process a lot better at least for us dudes. it has created a wedding registry. you prefer flat screens to ware? you are in luck, my friend. >>> three powerball tickets matched all six numbers in last night's drawing. unfortunately none of them were bought around here, but there are some new millionaires in maryland. >>

. >> reporter: the ftc recommended they build security into their devices at the outset rather than as >> do you believe companies could do that? >> they could go further err by privatizing techniques which would minimize or eliminate the collection of personal information. >> samsung told us they take personal information seriously and use data encryption to secure people's personal information. they say it doesn't keep the voice data but points out the voice recognition feature can be turn off by the tv's owner or disconnect the tv from the wi-fi network. anna werner, cbs news new york. >>> coming up after your local news on "cbs this morning," the man at the center of the serial podcast will be allowed to appeal his murder conviction. we'll get reaction from his family. >>> and we talk with paula hawkins, author of "the girl on the train." we'll leave you now with some of hozier's performance with annie lennox at last night's grammy awards. that's the "cbs morning news" for this monday. i'm lauren lyster. have a great day. ♪ -- captions by vitac -- www.vitac.com . >>> and live look

last week the president's man at ftc was making the case to regulate the internet.ss is answering with a measure to ban internet taxes forever. who will win, jeff? >> am going to talk to my own self-interest. investorplace.com is an internet company. media is so about technology. we don't need anymore burdens than we do now. i agree with some taxes but this is the wrong tax. bigger picture, there are so many costs driven downstream to most consumers. internet there is big connection between how much connect tivity you have and what your net worth is. we don't need to price more consumers out of the market adding more taxes. if anything we need to make the internet more accessible to businesses and consumers and i don't think it does that. david: rich, if the president gets his way, if the ftc would regulate the internet in the way they want to regulate the internet, they would be able to impose more taxes and impose price controls. isn't it better to go the no tax route? >> i think so. if you're a little book shop and look at amazon maybe you have a different point

will the ftc approve the deal. that's what everyone wants to know.e importance of e-cigarettes. and another special guest. >>> hey, i'm hannah davis. i'll be on "squawk on the street" on cnbc next. we're legalzoom, and over the last 10 years, we've helped millions of people protect their families and run their businesses. we have the right people on-hand to answer your questions backed by a trusted network of attorneys. so visit us today for legal help you can count on. legalzoom. legal help is here. jack's heart attack didn't come with a warning. today, his doctor has him on a bayer aspirin regimen to help reduce the risk of another one. if you've had a heart attack be sure to talk to your doctor before your begin an aspirin regimen. at ally bank no branches equals great rates. it's a fact. kind of like shopping hungry equals overshopping. ♪ >>> stocks had a nice gain right out of the gate. then split roughly in half with the dow up 51 right now. health care is one of the best performer in the s&p. don chu is back at the s&p. >> good morning. stocks

the ftc is expected to approve a plan that will prohibit internet providers from slowing down or speeding up service for certain users, but the vote on the 2, whichever way the decision goes opponents are expected to appeal that issue in the court. >> a cyber security based company says health care is the new hunting ground for hackers. for the 4th year holding a cyber game competition among its employees from all over the world. the goal is to teach them skills that will help prevent hacking. this year the name of the contest is protecting the health care industry. the company says hackers are targeting health care because stolen medical records can be sold on the black market for 10 times more than credit card holders i mean, using your insurance to conduct and pay for that. >> well semantics hacking competition comes after cyber attack that put the medical information of millions of people at risk. >> president obama telling immigrants that he is confident in his actions on immigration will not be thrown out by a court. town hall meeting in miami yesterday, the president urged undocume

comcast, at&t and other internet provide remembers expected to sue after the ftc approved those historic neutrality rules. it prevent broad band providers from favoring certain content or charging companies like netflix for faster express lanes for their content. president obama lobbied for these new controls, industry insiders though say it is a government over reach. and it will site full innovation, also create new taxes. so the bottom line this fight is far from over. >> that's right. hey, jill, we hear that the countdown is officially on for apple's new watch. what do you know? what's the latest? >> yes apple sent the media invitations to an event on march 9th. it is in san francisco. and it is called spring forward, reference of course to time, apple's expected to show off the watch some of its new features, also give information on pricing. alluminum sports model starts at $150. other than that the company has stayed quiet. >> this will be apple's first new product since the ipad was released in 2010. so a lot of hype. ukee, carriy? >> wow. starts at 350. >> hard to think so many

ftc in two minutes. >> start with one issue. education, gun control, the gap between rich and poor, job creation, climate change, tax policies, the economy, iran, health care... it goes on and on. add guests from all sides of the debate and a host willing to ask the tough questions and you'll get the inside story. these are straight forward conversations. no agenda, just hard hitting debate on the issues that matter to you. >> ray suarez hosts "inside story". next. only on al jazeera america. >> it's not a new story. every february, companies around the country roll out campaigns to celebrate black history month the best way they know how. special products like nike's black history month shoes. but in the twitter-verse, many are calling this advertising as flat out exploitation. as david arioso tells, much more profound than sneakers. >> it looks like a poignant documentary . martin luther king's march on washington, d.c. but in fact it's a walmart ad, celebrating black history month. american companies like coke southwest airli

>> well, you know, the ftc has strict regulations when it comes to kids and online privacy.y all these conversations are stored in a secure server and parents can log in listen to their kids audio files delete what they don't like and get emails each week with quotes from their kids. >> starts giving me driving directions, i already got one of those in the car. >> think twice. >> thank you. >>> in tonight's jobs report, jill schlesinger looks at whether an advance degree really pays off. >>> reporter: if you're thinking about whether or not to continue your education beyond an undergrad degree, consider this. the national unemployment rate stood at 5.6% through the end of 2014. but those who completed a bachelor's degree or higher were in better shape with a rate of just 2.9%. those with master's degrees had an unemployment rate of 2.2% and those with a doctorate had a 1% unemployment rate. but not all advance degrees are created equal. pay scale.com ranged mid career salaries and projected employment growth. topping the list was physician assistants studies with a median sa

all power was placed on the ftc. he did not see individual actions under that rule. >> my time ashas expired but i would suggest that approach to preemption is broader than this committee should consider and that a morning row view of preemption such as the attorney general has suggested. thank you, mr. chairman. >> senator fisher. >> thank you, mr. chairman. miss mcguire, as you know, numerous reports have linked nation state actors to cyberattacks. some of the same countries implicated in these reports may require u.s. i.t. companies to turn over intellectual property. that includes interop -- operating software, operation source codes in exchange for market access. are you concerned that this information in the hands of an irresponsible actor could pose additional cyber security risks? >> we are concerned about having to turn over any of our intellectual property to any country. we believe that that is an infringement on our ownership of our intellectual property that we had clearly spent extensive resources to de

is ftc saying no thank you. watch here. >> they can't raise price. >> this, you think is different. >> are they going to raise prices for legal pads? i mean you go to amazon you can eviscerate those guys. but amazon's not going to start shipping food to local restaurant. it's really important -- >> costco's in that business. >> yes, they are. i've got to tell you, ftc, stick by your guns here i think cisco goes to 50 if you get that deal done. >> we haven't mentioned apple yet. a bunch of headlines as usual. reports rushing r&d team to start production of the car by 2020, a few years after tesla's model x goes on sale. >> tesla, they will indeed be the world largest -- jim cramer on twitter, unlike john legere and unlike our rfdc friend presenting the other side of tesla. people love tesla. they don't want to hear anything. >> really? i think on twitter shorts are vocal as well. >> well they feel emboldened. i've emboldened them. no, i will tell you -- do not sell tesla because of apple. that's a far -- 20 20 ge

>> well aside from the obvious, which is nothing really matters until we hear from the ftc, which ising all of this their active sales leaders actually were up. the company talks about retention. you could say that's a good thing. but if you take a look at volume points an important metric they have, continuing to fall and when you look at the guidance that kate was talking about, it's very important to note that they are talking about sales growth in 2015 being down anywhere between 6 and 9%. if you go back a year ago, they were talking about that being up 6 to 9%. also very important, in the company's press release, they talk about enhancements they are making. these enhancements are something that i believe is talked about. they are actually continuing to attempt to reset the model here. how they are hanging on to the sales leaders, the salespeople, i'm sure we'll discuss that on the call but other than the earnings per share beat which has the stock up less than it was a little bit ago, as people start to digest these numbers -- >> right. >> -- it was an okay quarter and, again,

the ftc has since launched a nationwide investigation because lee is not alone. state attorneys general also mimic the warning and say scams are evolving. >> they are constantly trying to be something that's going to be a little bit different, something that's going to go a little more after your heart. if someone sends you money and tells you to take some or all of that money and send it somewhere else and you don't know that person it's a scam. >> reporter: we asked care.com about the scam and it told news 4 overpayment scams are often targeted at internet job sites including care givers. the it started offering fraud protection tools. nbcwashington.com has a list of ways to protect consumers including care givers looking for a job through the web. as for lee, it was an expensive lesson. >> people who fall for those internet pranks on like dating sites, they just really want to find a relationship. i really wanted to find a job. >> reporter: erica gonzales news 4. >>> dozens of d.c. police officers were honored tonight for outstanding service over the past year

the previously announced acquisition of trulia as early as the 17th following notification from the ftcs closed its investigation. again, an earnings miss. a slight revenue beat. they may close their transaction by trulia next week. and zillow is up about 2% right now in the after-hours trade right now. >> thank you, dom. keeping you busy on this friday afternoon. dan, was this a mistake? >> no, it wasn't by any means. a lot of traders were actually looking for this. but the big news here is this trulia news. the closure of this deal. here's a company that's seen the short interest go up dramatically because of the arm spread that's put on. traders were shorting zillow and buying trulia. what the cost savings are going to be. down 35% from the all-time highs last year. but for some reason, i think investors have kind of lost their interest in some of these models that are related to advertising. >> spencer has been on the network a number of times. he's got a bullish story to tell. are you a trader here? >> taking a look at it, it's not that surprising that the stock is holding up despi

the ftc put out some recommendations that said you could contact the credit bureaus and ask them to runanual scan that is supposed to require them to check for just the social security number. >> may not do the trick. we also have the free scan mr. mcnulty references available on our website. >> we have a tweet from our audience from identity mate and it gives three suggestions: freeze the child's credit, require an adult approval for child transactions and review all minor credit reports before they turn bo adults. earl, i am curious with you, how difficult was it for you to straighten out the situation with your son? >> that's a great question. and actually, all clear id who jamie works for. they were phenomenal when i contacted them about the whole then, they -- i documented all of the information that i had and then they sent it, and they took care of it all on their end. he was unfortunate. it was, you know, a smaller amount, certainly not some of the horror stories that sound awful. they took care of it. thumbs up to all clear id on that. so it was actually very -- we got the lett

are flying blind long-term because they don't have any more clarity than anyone else as to what the ftcg to do. you've got those who believe the government is really -- perhaps preparing some sort of significant case against herbalife. others read it completely the other way. >> take the bill ackman situation aside. let's say they are living on a straight and narrow, what are the currency headwinds doing? >> the currency has been a real difficult for them. they did talk about several markets like mexico, korea brazil u.s. markets being markets that underperformed. the other markets they seem to be saying our currency related -- are currency related. the china unit making changes, some of the results this quarter looked good from that perspective. you have currency weighing down on this company but also a few markets that are showing trouble beyond that. >> the stock is being weighed down down 7% on the day. when we return, warren buffett has never written a letter like this one before. his annual letter about 50% longer than usual. >> it is friday. time for us to play the game. look at

and they are asking the ftc to block products including iphones. the company sued each other after talks for a new failed. and republican presidential hopefuls are making their case of a political action conference. former texas governor rick perry and donald trump. >> the republicans have to toughen up. they have to toughen up on the irs. if they have to toughen up on benghazi. they have to toughen up on everything and perhaps other than immigration they have to toughen up on obama care, which is a told a lie and a total complete disaster. >> we have total and complete coverage on bloomberg politics. congress may be close to avoiding a partial shutdown in the department of homeland security but only temporarily. technology is caught on the crossfire. peter cook is on the hills with the latest. what is the latest on a temporary fix. there's a lot of pressure not to get this done. >> it has been a moving target all day. house republicans agreed to today bring to the floor current levels for three weeks. the whole reason for this holdup in the first

the nutrition company under ftc investigation and battling short-sellers such as billionaire bill ackman has changed some of its sales practices, and that is hurting growth apparently. herbalife was also hurt by currency headwinds. numbers are getting a boost. the stock kind of flat in after-hours trading. guidance was way down for the coming year. it is a historic day. the fcc approves new rules protecting the open internet. the rules require that all internet traffic be treated equally. it means internet service providers are subject to regulation for the first time trade -- time. here is the fcc chairman, tom wheeler. >> after a decade of debate and an open and robust year-long process we finally have legally sustainable rules to ensure that the internet stays fast fair and open. >> there will be a slew of legal challenges surely. verizon wasted no time poking fun at the rule, posting rebuttal in morse code. joining me is the chairman of mobile future. an expert in morse code. i made that last part up. the constitution was written in 1787. those are old rules too. talk to me about wha