joining me to discuss is "bloomberg view" columnist justin fox. had a great story with the history of priceline, what it was, what it became, and use that to look at the valuation of private tech companies. what did you find? it could be that people putting all this money into value over at 50 billion -- $50 billion, they are not bonkers. they see the potential for lasting success, and all of this reminded me of priceline. i remember in 1999 when everyone talked about this brand-new startup worth more than every airline in the world and priceline is still worth more than the airline in the world. scarlet: and that is what it is known for -- the most highly prized stock in the s&p 500. it has the william shatner commercials that made it seem very dotcom-era. right, and to some except, priceline, which was the whole company back then -- you would say name your price, i would pay this much to fly to chicago, that is a tiny part of the company's business. what happened was when everyone was down in the dobson 2005 about the internet, they still had to

justin fox, thanks so much.carlet: still ahead, new bloomberg des moines register poll numbers show that donald trump is in the lead in iowa. ♪ alix: now onto politics. the latest rolling out of iowa shows donald trump leading. scarlet: then carson at 18%. ted cruz, number three at 8%. everything suggests that trump is making headway in large part because of quality that conventional politician and wisdom with a would torpedo his campaign, instead he is just getting stronger. john: it is true, also he is a great man with great hair. the des moines register i what poll, which is the gold standard of pulling in iowa, we wanted to understand what is going on with tropic. has businessat he experience. they like that he is wealthy, because they think that means he is beyond being brought by potential donors -- box by donors. by potential the number one thing that people like about him is that he tells it like it is. people do not necessarily say donald trump tells the truth about everything. it is that he speaks his

looking at mitt romney's experience, justin fox made a compelling argument.s might be a hard sell to voters. laid out a i strategy and it only got better after i left. betty: is too nuanced for voters. it is easy to look at the stock chart, it went down, she was a bad manager. brendan: it is not too nuanced for betty liu and brendan greeley. talk with carly in may when she was starting her campaign. i asked about her tenure and how that was going to be her vulnerability. she said, look, i come from a world of business where results count. speeches and titles are not a competence. she is saying she is out of the beltway she is not a politician like hillary clinton. of collectingr speeches and titles. she will try to spin it that way. brendan: it will be interesting to see her against donald trump. the republican party has always said is only a business person could run america like a business. it does not really work in terms of candidates and yet they keep trying it. she might be the right person to make it work. i've got to go, you are sticking around. betty

"ook for it in "bloomberg view by justin fox. behavioral economists thinking oftentimes very mathy. our guests will join us later on bloomberg surveillance in the 9:00 hour. really looking forward to talking to george akerlof and robert shiller on their new book as well. chris granville is with us from trusted resources. ess and themathin strange thing called behavioral economics. what is it? chris: i wish i had my wife here. she is an economics professor. she is an old-fashioned monetary economist. thatkeptical view economics is parasitical, and it creeps into things -- vonnie: we talked with bearish words the other day, a professor in the psychology department at swarthmore. he said psychologists are being employed by the economics department now but there salaries are going way up. they are all invading in, and what is really about justin fox's op-ed piece is a distrust in mathematical models. you came out of oxford. is there a new distrust over the certitude of math? weis: in cambridge, england, were a little bit biased. ther

justin fox at bloomberg view hit the ball out of the park. this is absolute must-read.t say enough about it. think of reinhardt and rogoff. of the barge is with us -- elga bartsch is with us from morgan stanley. is this time different? elga: it is. it has shifted in asia and to some extent in the u.s.. is that relation of catherine mann and her trade economics of 20 years ago -- is that this function -- is that dysfunction broken? ga: instead of exports, you are seeing foreign affiliates. that is one major change. then we have a major shift in what is happening with oil related trading, given the revolution in the u.s. vonnie: so it is hardly cyclical, i think you are saying. elga: it is structural and cyclical. tom: how does that play out politically? we go into autumn -- i think of the migrants, and we will talk about this in a minute -- the dynamics of trade is a social calm. that has been assumed for 500, 600, 700 years, haven't they e -- hasn't it? elga: the more important social gains are really the capital flows, because if the capital , let's say ane emerging ma

a free concert at justin herman plaza. ktvu fox 2 news tara tara moriarty tells us the -- terra mmm tells us it will -- tara moriarty tells us it will draw big bucks to the bay area. >> reporter: train kicked off a free concert along it embarcadero. train front man says performing today was an easy decision. >> the 9ers have been a big part of, like, this love of the city. >> reporter: she not familiar with football but is willing to learn. >> reporter: you want to play american football -- [ indiscernible ] >>> super bowl 50 will pump hundreds of millions of dollars into the economy. >> we hooked our hotel room. >> reporter: they say the next step to buy tickets to the big game. >> reporter: restaurants have been hopping hopping for the past two days. >> trying to get everybody in and out. >> every city who hosted a super bowl said it was great for the city. >> reporter: it is the chance to be a part of history. >> how much fun out there. >> and to see steve young and jim plunkett, great stuff. what a perfect day. [ talking at the

fox. in a few days, right? >> justinieber still has authoring for his ex, a sharp eyed tweeted this, selena gomez's name is spray painted on a wall in justin bieber's what do you mean music video hashtag selena or gelena. this isn't the first time the words were are you what? the words where are you now selena flashed on the screen in the video for where are you now. remember that? the video. that's been a while back that video. >> yes. actually i have know seen it, i know the song. here is the thing, not like he put a heart on it, just wrote selena. >> oh, it was next woth words what? >> hope and love. >> so he still has hope for love. >> maybe just trying to get people talking so people will talk about him. >> 2011, both hosed the oscar. >> that's what i said. >> you did not say over t did you not say that. >> oh, so yesterday, evening. >> wait. there is more. >> steve martin, alec baldwin, 2010. >> they were greats. >> chevy grace, paul hogan, 1987. >> i was there. >> that's you what were saying, jane fonda, robin wil

justin herman plaza for a concert. this is kicking off the nfl season. ktvu fox 2 news tara moriarty is live in the middle of it all. good crowd out there? >> reporter: yeah. this is a great crowd. what a concert. train performing right now. as you can see, take a look at all the people that are here. we met a couple folks yesterday and then today we have train, all of this to get fans psyched for super bowl 50. [ music ] >> reporter: train took had stage a half hour ago and they are getting ready to perform save me san francisco. fans lined up around 11:00 a.m. this morning and some already bought hotel rooms near levi stadium for the super bowl. we caught up with the artists. train's front man was raised in petaluma. he was happy to be a part of the nfl festivities. >> the 9ers have been a big part of this love of the city. everything we can do that is part of the city we try to do. >> i think it would be cool if the 49ers got to play a home town super bowl. >> i know it is passive. this is a huge deal. [ indiscernible ] [ music ] >> people took off early to grab a place down here outside of the plaza. there is a

fox 2 news at 7:00 p.m. on tv 36. introducing starbucks® small-batch cold brew coffee. in stores now. [ music ] >>> the kickoff concert just wrapped up at justinan plaza along the embarcadero. train performed this afternoon. all part of a celebration to get the season started. season will end right here in the bay area at levi stadium with super bowl 50 set to be played next february. >> i think everyone is ready for football. >> man. every season that goes by the pre-season becomes more ludicrous every year. 49ers have a new more days to wait. the raiders on sunday. the 49ers, next monday night will go at it against had minnesota vikings and all focus on man, the head coach. once they start playing colin kaepernick will take center stage. career wise good success on football. she -- on monday night football. he is 4-0. there is high expected on the quarterback. a lot of people think so he goes so go the team. colin kaepernick doesn't care what everybody's expectations are. >> to be honest i am not worried about what people say. i am worried about what my teammates and coaches think. >> reporter: [ inaudible question ] >> once again, i am not

fox 29 news. >>> two brand new singles have been released on you tube involving empire. >> but let's take a listen. >> ♪ >> the first song is called no doubt bit, featuring justin smalletnd mr. worldwide, the team up for ain't about the money. you may have heard that money because has been on promotion with the upcoming season which kicks off right here on fox 29 on september 23rd. >> that is about three weeks away. >> all right. >> yesterday, on good day, we had one of the most talented, people in this city in our studio. so he was able to etch chris and our faces in the back of some young brave boys heads. >> those poor kids. >> that is celebrity barber kenney duncan from main attraction unisex salon in west philadelphia just in time for back to school, this sunday kenney the bash shore cares will host his sixth annual free haircut extravaganza, at the y mca at 51st and chestnut. we bring this backup again today because he is on the cover of the the daily news us this morning, guess what it says. >> what is the headline. >> they are so creative. >> sheer genius. >> boom. >> get it, sheers. >> they talk about how he started cutting hair in sixth grade and he is now ph

justin gong but they draft -- gone but they drafted young guys. >> we have to play great football. everybody knows that. we understand how big of a challenge it is. >> 1:05 p.m. on ktvu foxl, giants and padres. madison bumgarner is on the mound. highlights at 10:00 p.m. and on saturday, barry zito will make his first major league start in two years, macing tim hudson. no problem with the a's. 1-4-3 double play. one of 4 double plays turned by the rangers in 5 innings. a's deep into the bullpen. beltre rips one to left. bases loaded. two runs score. rangers win 8-1. they sweep the a's. they drop 25 games under .500 for the first time since 1997. we got something right here. anytime you get steph curry's daughter and jeremy lin together good things happen. [ music ] [ laughter ] >> most popular toddler. >> i love watching her -- >> every time. good stuff. >> so cute. >>> thank you for joining us. see you at 10:00 p.m. have a great night. take care. female announcer: through sunday, get sleep train's very best mattresses at the guaranteed lowest price. plus, pay no interest for three years on the best brand name mattress sets. but the best rest event ends sunday at sleep tr

fox street and wissahickon avenue. and because of that, we also have some septa lines that will be detoured. i'll have the updates coming up in a little bit. justin, looks nice and calm and kind of cool outside this morning. >> it is, yes. little taste of fall. this is like late september weather. not used to it, been a while, couple every months since we had temperatures this cold. need to grab a jacket. here we were are in the 50's, at the philadelphia international airport, 55, 59 in mount pocono, getting outer suburbs dropping to the 40's over the next few hours before sunrise. dry on storm scan3, that rain we had over the weekends now across new england, as the storm slowly de tart, back to full sunshine today. maybe you're hit willing the shore, again, you have the second season going on the jersey shore, it is great, crowds are gone, weather still nice, in the sunshine today, 76 for the air, ocean water temperatures still comfortable at 73. maybe headed to the ballpark tonight, check out the nationals, mostly clear skies at first pitch, it will be breezy, 74 degrees, coming home from the game little cool but comfortable, mostly clear, we w

justin and yaz team up for it ain't about the money. because the promotions, are showing that the show starts august 23rd on fox. >> okay. >> can't forgethat. >> we know it is early but if you are worried about how you look, take a look at this guy, he mate be the most ever found. how many pound of wool he was carrying. how many suits can be in made from that one sheep. >> oh, no. >>> a little frank sinatra. look at that, we're live in wildwood, new jersey, enjoying mike, alex and bob and the whole fun in a minute. >> sheep found wand, australia set a world record. >> chris, the sheep, so special. it is believed he had has never had a haircut. sheep are usually cut once a year. all that extra wool made it hard for chris to move. look at him. so, it is tough, fun the skin. so professional scherer was called in and help and it took 89-pound of wool, enough to make 30 sweaters off. look at. that here's aftermath right here. half half his body weight, nearly average, it is about 11-. the animal was sedated and is now recovering. it got serious there because he had some skin issues. >> look at all that wool. >> thirty sweaters. we could use

fox 29.com, 24 hours a day. >> that is right, and 10:00 o'clock news i want to mention too. >>> hey, it will go to his family. >>> justinill not say that first word that jessica kline wrote. >> wise guy. >> what is your word for justin beiber. >> tool. >> justin beiber is saying yes is still single, he has been saving himself for kit cat kline and 1d harry styles shows he knows the difference between your and you are. we will go to porsche, that is why we are setting this up. let's go to beiber. >> why is he single, porsche. >> well, we all want to know, don't we. >> yes. >> right, right. >> justin beiber recently explained why he has been so lonely and sad. he did an interview with the jackie o show in australia and he basically said he is a lover. he loves to be in a relationship. he is norm willly in a relationship. he is a hepp less romantic. recently he has been single because he doesn't want to start another one so fast. his last high pre file relationship was with the 23 year-old, beautiful selena gomez and they have recently broke up, haven't been together but there has been rumors that they may be getting back

justin, thank you. >>> we will go to suburban chicago where police are widening their search for three suspects wanted in the fatal shooting of a police overs. as jamie ukiss reports from fox lake, investigators are following hundreds of leads. >> i have a collogue, police officer, and we will not stop. >> reporter: police in fox lake are going door to door looking for information, that will help track down, the three men accused of shooting lieutenant charles joseph gliniewicz to death, they are collecting surveillance video from homes, businesses in the area. >> now there is an evidence way of collecting that. so it is not tainted down the road. so little bit of a long process. >> reporter: officer gliniewicz was not able to provide dispatchers with the detailed description of the men he was chasing on foot before he was shot. he said two were white, one was black. multiple police agencies following up on dozens of leads, people are coming to grips with their loss of an officer they affect nate liz called g.i. joe. >> he was a lot of everything to everybody. everybody just was safe around joe. >> reporter: the lieutenant was well known within the small community, and was

that justin sneed murdered the owner of the motel -- i want to turn to, then recently by former juror in the case who joined 11 others in convicting glossip in the initial trial. in a statement to fox the juror said -- "if the defense would have presented me the case that they are presenting now in the original trial, i would not have given a guilty verdict." the juror goes on to say -- "i feel that this situation needs to be looked at and at the very least given a 60 day stay." what was presented in these trials and what do you know to be the case, liliana segura? >> the case really hinges on the testimony of justin sneed. and that right there is a huge problem, not just in death penalty cases, but throughout the criminal justice system, incentivized witnesses who have every reason to lie in order to save themselves. justin sneed does not face at should fusion. they cut just with the state and prosecutors that are hell-bent on getting these convictions. glossip was tried and convicted twice on what many people seem to see as a lately shoddy incomplete evidence. incentivized testimony, and above cases, really, insufficient legal representation, which was the grounds for the first c