overall jeffry lurie says it's about winning football games. three years ago they took a risk on a brash football coach who wanted full control. just didn't pay off. i look forward to watching chip succeed wherever he goes. >> reporter: with that eventual success, it's not going to happen here. after three years the owner decided the chip kelly experiment wasn't working. >> when you make a bold choice, there's increased risk. sometimes it doesn't work out when you take risks. end result was mediocrity. >> reporter: the team cut him loose, no option to stay as coach but not as gm. looking for a new head coach who probably wouldn't get as much power. lurie will look at available pro coaches or coordinators and retired coaches. lurie did say his next coach will be flexible and open with players and respectful of fans. >> it's a unique and incredibly passionate fan base that just wants to win. you've got to incorporate that in your life, in your heart, and you've got to be willing to do that. >> reporter: above all, you need to win games. chip kell

so what do i care for. >> jeffries continues to tour like mad.figures the comedy store punch-out won't be his last time getting up close and personal with the audience. >> i've probably done anywhere between 2,000 and 3,000 shows in my career, and it's only happened once so statistically not too bad. there's been other comics it's happened to. i'm the only one that's caught it on film. >> the next time you want to check out that comedy show, baseball game or surfing competition, the best and the safest seat in the house might just be right in front of your own tv. i'm contessa brewer. that's all for this edition of "caught on camera." >>> it's friday, december 25th. right now on first look, a state of emergency after a ferocious tornado outbreak tears through states. the death toll has risen. gun fire erupts at a north carolina mall sending shoppers running. and celebrations around the world as pope francis shares his christmas message at the vatican. and santas take advantage of the unseasonably warm weather here at home. "first look" starts rig

jeffry lurie said nothing about the future of sam bradford. they'll need to make that decision soon about his future with the eagles. live in their complex. tim furlong. >> thank you very much. john clark joining us later with more on what players are saying about this big change. >>> coming up next, more coverage of today's charges against bill cosby. nbc 10 on the ground and in the air as cosby arrived at his cheltenham home after leaving the police station. we are there live with more on how you're reacting to the news. >>> plus, flooding has devastated parts of the midwest and the danger isn't over yet. water still rising. that's next on "nbc 10 news at 5:00." >>> tonight, bill cosby free on $1 million bail. now that he's facing felony charges in montgomery county. prosecutors filed three counts against him of aggravated, indecent assault. accused cosby of drugging and assaulting a former temple university employee inside his home in elkins park back in 2004. this is the first tim charged after dozens accused him of sex assaults. cosby was

for those of you who don't remember, mike jeffries was the long-time ceo who pretty much created the modern abercrombie look back in the 1990s. after initially rebounding from the great recession, abercrombie's stock went into a multiyear tailspin in 2011 in part because jeffries made gave the impression he was getting old, losing his touch, which is why i put him on the "mad money" wall of shame back in november 2013. the wall of shame is our rogues gallery a list of the worst ceos in the business, people who have so mismanaged their companies that they can n eate enormous value simply by announcing their resignation. % sure enough, the day jefferies announced retirement from anf a year ago, the stock shot up 8%. made sense. the guy had made a number of high-profile comments that were incredibly offensive and borderline creepy, frankly, the point it seemed like jefferies' words were poisoning the brand by itself. one-man wrecking crew. even his crazy rambling does have been tolerated if jefferies was producing good numbers much the problem is despite tremendous success in the '90s,

the luxury jewelry retailer upgraded to buy from hold at jeffries with jeffries calling it a rare opportunityscount. tiffany stock, by the way, has lost its sparkle this year down about 30%. that's a 30% discount, folks. joy global higher by 2.5 b%. upgraded to market perform from underperform at fbr noting their cost cutting. the stock is down more than 70% this year. and winnebago moving lower, not hugely, by about 0.6%. the rv-maker unveiling its new ceo naming michael happ, a 19-year veteran from toro. >> mandy, shares of u.s. steel have hitting their highs of the day. they're up by around 5.5%. the company has announced a tentative contract agreement with the united steel workers union covering 18,000 workers. u.s. steel ceo saying the agreement is in the best interests of the company as well as its employees. it comes at the end of the tough year for a stock, down about 70% year-to-date amid slowing demand and low priced imports. still right now u.s. steel is now a billion dollar company. >> thank you very much. >>> as 2015 draws to a close, cnbc breaks out the 2016 playbook helping you

i want to thank professor jeffries. i grew up on highway 80 in lowndes county. when i was coming up as a kid, i heard a lot about the black panther party, i heard a lot t them, but nothing too in depth. i had discussions as an undergraduate when i was trying to investigate black power. i was the one voice in the room who said it's not all about burn baby burn. one of your former colleagues, niki taylor, put your dissertation in my hands. remarkably important book. thank you so much for your work and for reframing our conversation about black power and self-determination. brother cobb, you started off by theng stokely carmichael hisnizer, to address question on trans-nationalism and stokely carmichael, i would about stokely .armichael the socialist i was at the national civil rights museum. we were watching a compilation of his speeches. when of the own brothers asked us to say what stokely carmichael means to us. immigrant, anti-imperialist was not part of that discussion. part of the way we frame stokely carmichael is losing sight of quality to read -- -- more

but my friend, my colleague from the great state of new york, congressman jeffries, has come here tohare his perspective on the impact of this omnibus bill. and with that, i would like to yield to my colleague. mr. jeffries: i thank my colleague from the great state of new jersey for your tremendous leadership throughout the course of this year as it relates to presiding over the congressional progressive caucus' special order hour where week after week, you have been able to illuminate to the american people some of the challenges that we face here trying to enact policies that make sense for hardworking americans, low-income folks, middle class, for seniors, for the most vulnerable amongst us. just a moment i wanted to reflect on one particular aspect of the omnibus bill that i find troubling, and that is the failure to do what is necessary to help put the people of puerto rico, united states' citizens on a trajectory that will allow them to achieve some manner of economic stability moving forward. now i never practiced criminal law. i am a lawyer, but i understand there are someti

katie jeffries was there when a seven-year-old boy heard the world clearly...for the first this morning life is a symphony of sounds. from the babble of a nearby fountain... to the subtle tune of christmas carols... but what if for 7-year-old byron grant jr. he passed his newborn hearing test... but before his 2nd birthday a daycare worker told his mother... there was something off about his hearing. "she said,"hey, i hit a drum behind him and all the other kids reacted, but he didn't." he hearing aids but it wasn't making enough of a difference... so byron was given cochlear implants. "i don't want him to be limited. i want him to have his full potential." his first cochlear implant was turned on in june... and his mother said it has wants to hear from both ears. and that day has arrived. just watch as he hears. to know that is it working.. byron is asked to repeat what he hears which is a series of beeps. this is everything his mother has been hoping and praying for. after some calibrations... the implant is then turned to hearing outside sounds like voices. "bryon... hi! hi! hi! hi!

maybe, simon, some bargain hunters on the analysts side at tiffany's from jeffries.s of places in retail where you can do that at moment, particularly with coat sales being so bad. >>> coming up on the program, if a drone is on your christmas list this year, you better get ready to register it. the new rules from the faa kick in today. and there's already confusion among some consumers. we'll talk to a former faa acting administrator about that and this after the break. here at td ameritrade, they work hard. wow, that was random. random? no it's all about understanding patterns like the mail guy at 3:12 every day or jerry, getting dumped every third tuesday. this happens every third tuesday. we have pattern recognition technology on any chart, plus over 300 customizable studies to help you anticipate potential price movement. there's no way to predict that. for all the confidence you need. td ameritrade. you got this. >>> disney's force awakens with the newest "star wars" movie, smashing box office records. the film generated more than $500 million in its opening wee

jeffries: i thank the distinguished gentlelady for elding and my good friend, congressman don payne from across the hudson river who does a great job of representing the people of newark and essex county. it has been an honor and privilege to watch my colleagues preside over the special order hour giving us an opportunity to share with the american people some of our thoughts and ideas and the issues we are working on to improve the lot of those we represent in the african-american community and . l across this great mosaic the laquan macdonald case out of robin kelly's hometown in chicago. about a year ago, many of us were on this very house floor talking about the failure to indict in the killing of michael brown and in the same week, three days later, the failure to indict in the strangulation of eric garner, who, of course, was put into an unauthorized choke hold and killed as a result of allegedly selling loose cigarettes. it highlighted the problem of african-american men being killed at the hands of police officers, which is a decade-old problem that hopefully here in america we'l

jeffries: thank you. the big question that we face here earlier today, we voted on 600-plusender package, billion dollars. none of it was paid for at least as it relates to what was done today. but i think reasonable people understand that because making a se tax breaks permanent in way where they were not paid for ultimately is going to blow a tremendous hole in the deficit and that as we move forward, the people who will pay for the tax cuts that were passed out of this house earlier today -- hundreds of billions of dollars, notwithstanding the earned income tax credit and the child care tax credit that of course many of us support, the people who will pay for it will be the poor, the sick, the afflicted, working families, those who need assistance and so in good conditions there is no way i could support the tax extender package and go back home and say we just did a good thing. as it relates to the omnibus, we all have to ask the question, if the plus-up is somewhere in the neighborhood of $32 billion

. >> jeffry, you heard the bishop talking about how he was offended by donald trump mocking "the new york times" reporter who has a physical disability. trump says he wasn't doing that. can you defend him? do you believe he was not mocking the disability of this reporter? >> anderson, i take him at his word but the thing, this is -- >> really? you really take him at his word based on what you saw in the video, have you ever seen him -- >> anderson, let me -- i mean, he does stuff all the time with his hands. he's a hands person. he just mimics and does this and that and the other. >> and a wide stance. sorry, go ahead. >> well, the point is here that i think this outrage is phony and the reason it's phony and i know charles' paper quoted outrage. charles is there. the obama campaign went out of their way to make a commercial mocking john mccain's disability because he couldn't use a computer and e-mail, did your paper say this was an outrage? i mean, they endorsed him shortly thereafter and thought he was a fine fellow. was there outrage then? i mean, i'm asking. >> let me -- [ overl

jpmorgan writing after a december 15th liftoff the fed will deliver four more hikes next year, but jeffriesagreed saying the combination of the diversions between ecb and fed policy along with the ongoing commodity price conundrum argues for a slow normalization process thereafter. so potential note, the labor force has grown by a large half a million workers with no change in the unemployment rate. this potentially backs up fed chair janet yellen who says there is a considerable labor market slack out there in the economy and would argue for gradual rate hikes. back to you. >>> let's have a look at u.s. futures and see what we expect for the trade in the u.s. do you think they're up or down? i expect them to be up. asia was up and europe was up. bouncing back from the decline late last thursday. there they are, they're up 3.8 points expected for the s&p. >> you were right for once. >> even though it was a 50-50 chance. >> i know. still to come, how they want to tackle climate change at cop 21. we will be back and so will he. >>> hi, everyone. good monday morning. welcome to "worldwide exch

joining us is david owen, chief european economy at jeffries. david, should the fed be hiking rates in this environment where the liquidity is higher? >> they flagged the fact that they're going o raise rates. we've gone through this situation where the market was taking over the rates on the table. now it's been very well flagged. so i think they should follow through. now u.s. colleagues have been calling for a december rate hike now for two years. and they still expect the fed to raise rates further in 2016, '17. >> are you not concerned about the volatility that we expected? >> it's absolutely expected. the imf has been talking about it. they were concerned about redemptions, not just in certain fixed income funds but also in commercial real estate funds, open-ended funds where they were concerned that obviously, you know, investors wouldn't all be able to head to the exit all at the same time. this is the environment we live in. exit, liquidity is being withdrawn from the market. it's all the reason why they don't raise rates. it's just a f

. >> and jeffries last month was a terrible indicator. and everybody thinks they are a trading shop. how are they going to generate new revenues? >> and goldman sachs, you look at their stock and it is trading at the 180 level and that is a buy area for the stock to get back up. >> i'll make a better point. >> how do you know it is a better point? >> i would say -- >> make a point and we'll judge if it is better. >> we're talking about exits. look at how dell had to exit its private deal. they had to do a very convoluted deal to buy eoc with a ton more debt. if you think we're in a rockier period going forward, the exits will be more difficult in the next couple of years. >> that is a good point. i think that was helpful. >> far more superior. >> great, dan. >> and blackstone -- >> if you think oil has bottomed, you buy blackstone. if you over lay the charts, you will notice within a month or so, they were over layed. there is no such thing as coincidences. >> all of this deal making got us thinking what could be hot in the m&a market nex

jeffries says its 12 month price target is getting raised to $100.king is it is time to get a rare opportunity to get a high quality company at a discount. tiffany shareser did lose nearly 2%, their lowest since mid-2013. let's look at the performance of joy as well as tiffany year to date. joy is in the orange and you can see joy is down by nearly 75%. 37%.ny is down by nearly if you are in mining or the high-end jewelry business, you have not been having a very good time. betty: thank you. steady growth in the world's largest economies helping to create jobs and push down the unappointed rate. will the u.s. economy be able to withstand the tighter monetary policy question mark tim kaine, a research fellow at the hoover institution says there are signs of a new recession brewing. he joins us from stanford. you see signs of a recession as soon as next year? : i do. there are always signs of a recession. betty: what does that mean? i'm going to use some "star here.metaphors the force we are worried about is inflation. we are going into a year where we

from a gal axey quite near you, i'm jeffry brown for the pbs newshour. >> woodruff: next, we turn to our weekly series, "brief but spectacular," our occasional series where we ask interesting people to discuss their passions. tonight, we hear from musicians jack conte and nataly dawn of the group "pomplamoose." their music is funded directly by fans through the site patreon.com, which was co- created by jack conte. here, they explain the term "shot-gun creators." >> i think it's funny when people say should music be free? music is free. >> music is free. get over that. >> yeah. >> now figure out what to do about it. >> one, two, three. >> covers are basically free advertising for our original music. and for our music in general. we usually reharmonnize and just sort of make it our own. wake me up snoalt ♪ before you go go snet ♪ don't leave me hanging ♪ wake me up ♪ ♪ before you go go ♪ i don't want to miss it ♪ . >> it took us awhile to start making music together. we put out probably four, five songs and then sort of realized oh my gosh, there is a search engine and people are sear

jeffries. >> i thank you for your presence today. i want to follow up on the discussion from my good friend from the commonwealth of pennsylvania. mr. cook, i know you've expressed concerns as it relates to the notice requirement and i think in your testimony you refer to the provisions as a red alert tool that could notify an individual that he or she is under investigation, is that right? >> yes. >> and if you could walk me through a series of responses as it relates to the particular concern that you've got with the notice provision because it's my understanding that section four up to ten days of delayed notice, is that right? >> that's correct. >> and is it your view the at the point days is inadequate? >> so i think it's important for me to point out we have drawn parallels with the fourth amendment as it applies in other contexts. be a everybody seems that's the goal to make the bill parallel fourth amendment protections. this bill does more than that and here is why. if you, for example, have terrorists working out of an apar

for jeffries, this all adds up to a high quality discount.all economics hit by. express gross margin or profit after merchandise cost to increase as much as four points in three or five years. tiffany's gross margins are at about 60%. falling prices for commodities and products and a shift toward more profitable items. tiffany's is up 3.7%. notwithstanding, the stock is down 30% so far this year. dave wilson with comments on tiffany shares this monday. now i want to talk about apple shares. apple in the news, tim cook cbs, talking about encryption security, tax policy. let's head out west to our san francisco bureau. that is where we find bloomberg west anchor emily chang. emily, i watched this on "60 minutes." i thought it was incredible, the access they had. they talked about a lot of things including security concerns, privacy concerns, .ncreased terrorism concerns more: tim cook was a bit emotive talking about these issues. pressureer increasing from law enforcement, u.s. law enforcement, the director of the fbi. and pimco has taken a har

." >> jeffry, thank you very much. >>> coming up, the biggest stories of 2015 and how we covered them on "today, grandma is so happy to be here for your very first christmas. i hear you' re quite the expert at waking people up in the morning. let me show you how grandma does it. your daddy made this when this is your dad at my house, where he had his first christmas. thanks for making the coffee. well look who' s up. i' m really glad you' re here mom. me too. look who' s here! with ingredients like roasted hazelnuts and cocoa, there's a whole lot of happy in every jar of nutella. feel a cold coming on? new zicam cold remedy nasal swabs shorten colds with a snap, and reduce symptom severity by 45%. shorten your cold with a snap, with zicam. big savings this year at lowe's. hurry in today for great deals on all of your home improvement needs. (laughter) now get 10% off select major appliances eucerin intensive repair doesn't just moisturize dry skin, it intensively repairs it. with a unique triple action formula that exfoliates hydrates and fortifies skin. leaving it looking healthy and

. >> howard rubell of jeffries. robotic reindeer pulling santa's sleigh.over to brian sullivan for a look at what's coming up on the second hour of "power." >> i can't compete with that. i like this song. why this could be the start of an epic holiday stock rally and where you can find some big students before year end. also, the winners and even some of the losers in this record warm christmas forecast. and can you name today's mystery chart? this is the best performing nondeal stock in the s&p 500 over the past month. i guess i'll give you a hint of square pizza and granola. does that help? i don't know. we'll give it to you. a lot more to do. robotic reindeer, drones crashing on skiers, "power lunch" coming up. hi watson. annabelle, your birthday is tomorrow. i'm turning seven. what did you ask for? a princess. and a pony. you like things that begin with p. i like pink frosting too. will you have a cake? yeah. i was too sick to have one last year. the data your doctor shared shows you are healthy. are you a doctor? no. i help doctors identify cancer tre

you have goldman, also rbc, barclays, jeffries, all giving the stock a buy or equivalent type rating.res are trading above its november ipo price. it was 9 bucks a share. we're already 35% above that level. a lot of these analysts see even more upside. we'll see if that comes to fruition. >> thank you very much. talking of upside, take a look at the big rebound we've witnessed for stocks right now, and a lot of it, of course, is attributed to what's going on in the wti, up by 2%. the dow is marginally in positive territory. all three indices were firmly in negative territory earlier in trade today. oil is sitting at $36.39, but it did fall below that $35 a barrel mark earlier on in the day. ty, back over to you. >> mandy, as you were just saying, stocks are off the lows as crude recovers just a bit. the dow just off now its highs of the day, up 16 points. that's about 0.1 of 1%. patrick shobacic and quince y, t me begin with you. ron insana said 2016 may be the year of living dangerously. do you see 2016 in that kind of prism? >> well, you know, it's going to be a year of ups and down

jeffries: thank you. the big question that we face here earlier today, we voted on 600-plusender package, billion dollars. none of it was paid for at least as it relates to what was done today. but i think reasonable people understand that because making a se tax breaks permanent in way where they were not paid for ultimately is going to blow a tremendous hole in the deficit and that as we move forward, the people who will pay for the tax cuts that were passed out of this house earlier today -- hundreds of billions of dollars, notwithstanding the earned income tax credit and the child care tax credit that of course many of us support, the people who will pay for it will be the poor, the sick, the afflicted, working families, those who need assistance and so in good conditions there is no way i could support the tax extender package and go back home and say we just did a good thing. as it relates to the omnibus, we all have to ask the question, if the plus-up is somewhere in the neighborhood of $32 billion

jeffries. third we'll have ashley farmer. she'll starting as an assistant professor in the african-american studies program in boston university. she has a ph.d. from harvard. her research interests include women's history, gender history and black feminism. she's the author of a book. and finally, chris johnson, from the university memphis with a ph.d. from yale university. his research includes race and gender. and afro -- he's at work on a project on the itineraries of black revolutionaries of the 20th century world, including stokely carmichael. for the format of this round table, i've tailored a question based on their research. before we move on to the next question, we'll allow the panel members to chime in with input or questions or what have you. after the four questions, of course there's a lodgt of knowledge and interest in the audience, so we want to leave plenty of time for questions and comments from the audience members. mr. cobb, you worked for years alongside stokely carmichael. and you've since enjoyed a car