dialogue around workers france and how wal-mart impacts not just their bottom line and those workers but the entire industry of these with just six companies like wal-mart such trends that everyone follows whether it be a grocery store or target so when workers are speaking up it's being heard across the country which is why there are over a thousand auctions on black friday and one wal-mart downplaying the importance of this i think everything just josh said completely right we're actually seeing a new america coming awake in this time period where it's coming off the heels of occupy wall street the heels of what happened in madison so workers are really willing to stand up and use their voice but wal-mart wal-mart is. being record profits they're saying they had a great black friday so do you think that the management there is being phased out all are being encouraged to change their way as well i mean it's definitely did into them and in terms of quarter profits we're not going to see how that really shoots up for a few more weeks so that's just a talking point that they've really been pushing and they've also said only fifty workers were on

multinational corporations like wal-mart and gap overseas where they now make virtually all of their clothing and other goods so what's wal-mart says that this was a rogue supplier that that was supply and you know that was running this factory. do you buy it and doesn't really even matter first of all it doesn't because what we know for certain moment does not deny this of their clothes were being made by the workers at that factory and however those clothes came to be their will mark is responsible for protecting the rights and the safety of the workers who made their clothes this they failed abjectly to do and they cannot solve their problem by retroactively blaming a rogue supplier but it is important to note they acknowledge and admit that they were there of their own volition using that factory in two thousand and eleven they've just decided now to claim that's at some unspecified time they stopped using the factory and the fact that their goods were still being produced there is the product of an action by a rogue supplier but this is a company whose foundational corporate prin

nationwide protests at wal-mart ever. >> reporter: uc berkeley professor harley deckerson says that wal-mart earned $16 billion last year. he says wal-mart wages. >> the fact that a company likewal-mart is paying wages this low has economic impacts well beyond the employer themselves. >> reporter: most shoppers say they understand but are going to continue to shop at wal- mart. >> i'm a dedicated shopper at wal-mart, whether they protest or not i'm still going to come to wal-mart. >> reporter: wal-mart reported there was little impact, the stores had record black friday sales. reporting live in san leandro, jana katsuyama, ktvu channel 2 news. >>> more details now on the wal- mart labor action. this was a scene in southern california. a crowd of more than 1,000 people gathered at the entrance to the store in the city of paramount. sheriff deputies ordered the protesters to leave and most of them obeyed but nine people did not and they were arrested without incident. >>> another arrest came in portland oregon. police took a 33-year-old protester into custody last night after he yelled at employees then refused to leave. things were peaceful outside the portland wal-mart today.

nationwide protests at wal-mart ever. >> reporter: uc berkeley professor harley deckerson says that wal-mart earned $16 billion last year. he says wal-mart wages. >> the fact that a company likel-mart is paying wages this low has economic impacts well beyond the employer themselves. >> reporter: most shoppers say they understand but are going to continue to shop at wal- mart. >> i'm a dedicated shopper at wal-mart, whether they protest or not i'm still going to come to wal-mart. >> reporter: wal-mart reported there was little impact, the stores had record black friday sales. reporting live in san leandro, jana katsuyama, ktvu channel 2 news. >>> more details now on the wal- mart labor action. this was a scene in southern california. a crowd of more than 1,000 people gathered at the entrance to the store in the city of paramount. sheriff deputies ordered the protesters to leave and most of them obeyed but nine people did not and they were arrested without incident. >>> another arrest came in portland oregon. police took a 33-year-old protester into custody last night after he yelled at employees then refused to leave. things were peaceful outside the portland wal-mart today. >

black friday ever and our wal-mart, one of the unaffiliated groups was unable to recruit for the made for tv events. >> now, this question of coordination between groups like our wal-mart and the big labor unions openly acknowledged here today is one of the critical issues investigated by the national labor relations board and wal-mart asked the board to halt picketing on the grounds that the uscw union is improperly using them to original the work force. nnl labor relations board say it's highly anticipated the ruling won't be ready until next week. >> james rosen, thank you. >> it was a good day on wal-mart, the dow gained 173 and the s&p 500 was up 18. and nasdaq finished ahead 40 and experts credit economic signals coming from germany and china and progress on the grobing debt issue. the crippled greek economy is blamed for a steady rise in suicides there. and 690 attempts through the first eight months of this year, following 927 in all of last year. and greece is headed toward a 6th year of recession, one in five people out of work. norway's worst mad murderer says his prison guards are trying to drive him to suicide. and that's later. and next, egyp

i like wal-mart here. >> you? >> i like wal-mart long term and i also agree on the dividend. are there companies that will have a special dividend into december? one example of that somebody like larry elson who is a large share holder of oracle has to be thinking of a dividend. look at the people that hold the stocks. it's not impossible that some of the large holders will issue a special dividend. >> that is a great point because steve is saving himself something on the order of $20 million by issuing a special dividend and wal-mart a lot are big holders of the company. they are saving themselves that tax bill, as well. we have seen the parade of special dividends. >> just don't die before december 31. >> we hope you don't die. >> i'm talking to viewing audience. it is not worth dying to avoid the state tax. please continue to eat the fish oil. >> morbid. >>> will best buy buy out. he might be able to get it cheaper. the board is open to a bid of around 20 bucks a share. the minneapolis star tribune ignited the talks because they reported that there would be talks between s

chain needs to cut cost because of a weak economy and competition from non-unionized companies like wal-mart. >>> this morning, a driver is under arrest in santa rosa after allegedly hitting a pedestrian and speeding away. the police say the car hit a man shortly after midnight near the intersection of gurnville road and coffee lane. that man has life-threatening injuries. he was take tonight hospital and a witness reported seeing the car. the police founded and arrested the driver. thirty-year-old christian penna is charged with felony hit-and- run and dui. >>> the chapter of the american red cross is sending more emergency response vehicles to new york. >> that's right, the vehicles can serve up to 3,000 meals a day. they supplied 3,000 volunteers and the three vehicles will be driven by teams of two volunteers leaving from fairfield, oakland, and burling game later today. and these are the latest numbers when it comes to super storm sandia. they're on the ground. meanwhile, the defense department started to set up mobile fuel stations around the new york city metro area where they plan to

stores like wal-mart, target, and best buy plan to open as early as eight p.m. on thanksgiving night to get more sales. employees of the retail stores are not happy about it and hundreds of thousands have taken their frustrations out online. on corporateaction.org, a campaign is asking people to boycott wal-mart and it's growing. shoppers seem to sympathy with employees forced to work on thanksgiving. >> and that is selfish. >> most americans are overworked and underpaid, so, give them the day off. >> over 200,000 tarset employees and customers signed a petition to change.org. some say it's hard to find the spirit of christmas past, even with more holiday shopping days this year. >> and some point out the fiscal cliff that looms over christmas future. cbs reporter drew levinson shows us now retailers are trying out new strategies to bring out shoppers. >> reporter: as in years past, shoppers are getting primed for black friday, the most analyzed day of the retail year and the holiday season opening. the good news for retailers, an early thanksgiving means the se

medical -- we haven't fixed the problem because now you got people that are going to turn down it, like wal-mart. those guys at wal-mart wl say opt out. i don't want to pay the extra -- >> everyone goes to the public system. there is your single payer. that was obama's goal. >> that's going to destroy the medical system and we will lose all our quality doctors. >> christian? >> wait, wait. go ahead. >> i hate to let facts get in the way of -- >> that's fact! that isact, christian. >> if you look at restaurants who are already 75% of restaurant employees are working part-time, so what we're talking about now is that they're going to continue o have part-time workers, but those workers are now going to have health insurance. what we're lamenting, what you all areamenting is the fact that wkers who are making an average of about $15,000 a year are going to actually have health insurance now. that's the problem that you all see in our economy. >> they're going to have it at a job they don't have. that's the whole point, christian. it's not just restaurants. headed by an obama supports, they're layin

wal-mart. all right, bob. it looks like the workers at wal-mart are upset.of $13. they want -- sorry, $12.57. they want higher wages of $13 and the option to work full time. i would point out they will endure 36% increase in the health premiums. it wonder who they voted for. if they voted for obama don't blame me. what is going on here? >> bob: what is going on is wal-mart does not have a union representing them. largest company in the united states not unionized. trying to unionize for a long time. wal-mart is afraid of the workers organizing the collective right to bargain. they squash people when they do it. the meat cutters tried to take them on and organize them, they closed down the wal-mart store. wal-mart has a long and disastrous history of being anti-worker. people do it because they need the jobs. i agree with you on that. but i component think it will work. there are too many stores and not enough organizational tools to get wal-mart and hurt them. >> andrea: in this economy, if they don't like it, shouldn't they leave -- >> eric: can i point out

average in the industry but it's an industry that wal-mart has created wal-mart has driven the entire industry in this direction there are other holdouts like costco but they've dragged even unionized companies down in terms of the wages and so we're talking about a strike not just about a particular company but against the dominant player in our economy it doesn't have to be that way the most has a great report arguing that in fact you can have low prices without having such low wages but what we're seeing here is that wal-mart exerts an influence not just on the one percent of u.s. workers that work directly for wal-mart but on its suppliers on its contractors and on its competitors and those wages are wages that leave workers i've talked in the position of saying well this week i got my paycheck so i'll lend money to you and next week you get your paycheck yolen money back to me and each of us will have to decide each day whether we can afford to pay for lunch that is not something that's necessary in order to have low prices or in order to have an effective economy. now . despite all that chris josh excuse me. these people all wal-mart

it's all cosmetics. >> andrea: people like wal-mart because it's cheap. >> greg: yes. >> andrea: if young -- >> bob: you have don't. >> andrea: that's why i go to wal-mart. >> bob: do you get your shoes there? >> andrea: i get a lot of stuff at wal-mart. i go home and i go to wal-mart and i stock up because everything is expensive in new york. if you bring in unions to drive up the cost of businesses, things become more and more expensive for people and then they can't afford wal-mart. >> bob: small town pennsylvania where you go, if wal-mart game in, they drove all the small businessmen out of the town. >> greg: i lived in lehigh valley and i went to the same wal-mart because it was great, affordable. you could eat at wal-mart. >> bob: what were you doing in lehigh valley. >> greg: i worked in publishing there for a long time. the anti-wal-mart sentiment is phony. people who hate it never go there. the people are arbitrary hipsters and they treat blue ribbon and that is blue collar and wear trucker hats but they won't shop there. is it considered uncool. >> eric: one out of $4 that ame

tomorrow, he will caucus with c.e.o.s from companies like wal-mart, g.e. and bank of america. it all leads up to friday when the president sits down with congressional leaders at the white house to begin the real negotiations, and both sides enter those talks claiming a mandate to protect the principals the voters endorsed at the ballot box. >> darren gersh is with us tonight from our washington, d.c. bureau, where a week after election day here. was there any progress made by the staffs of the political players during the campaign season? where do we stand? >> the staff is always looking at this as a giant chess game and trying to figure out how they can give their bosses their best move, so the staff have been working. we had a lot of commissions and a lot of efforts to try to solve the budget problems. there is a lot of work done behind the scenes and on paper. a deal could come together pretty quickly. the problem is the principals, the leaders, the people who were elected, they have to come back and decide what they're going to do. they're talking about getting an agreeme

it's very possible but i think that the larger industries and you know shall i mention something like wal-mart would have to be a lot. more respectful of their labor and i feel that you know what's happening now in this sort of little bubbling situations where there's a couple of walkouts in here and there you know are good at least to build the momentum of labor whether or not wal-mart's going to become organized but to just build the spirit of workers can't there are moments when they've had enough and you know the union union the word getting in has just become such a bad word at least in my generation for so long that you know maybe there is community organizations that don't call themselves a union that still are out there protecting the rights of workers and will do things like organizing walkouts or boycotts or whatever would need to be done if it doesn't need to be called a union so i think it's very possible and i do believe you know labor in general have a resurgence because i feel that this country prospers like film shows when you have a strong labor movement it absolutely does rig

created are jobs that are low-wage jobs, about 60% are for older people, for a president who doesn't like wal-martch sounds like president obama is creating a lot of jobs for wal-mart readers. wages went down, hours worked went down. i don't know what talking points you're working from. gerri: i think there is widespread frustration with how the economy is growing. why aren't we getting a more robust expansion especially when it comes to jobs? i heard if we continue to add jobs month by month like we did this month it would take us nine to 10 years to get back to full employment. >> i would not believe all of those numbers. what you're seeing right now is job growth three times what it was at this point in the 2001 recovery. what you're seeing right w is 32 straight months of job growth. growth model a financial crisis. this is not an ordinary recession. this is the worst crisis and we are doing extremely well. gerri: i feel confident in the numbers i presented. i think karen is making the poinwe have had gdp in positive territory for a while. it is not like it is negative, so why are you complain

low wage americans in more than afford to give their workers a raise noting the retail giants like wal-mart and target employ more than a thousand more than a million americans and count for more than half of the four trillion dollars in revenue from the entire retail sector the most concludes labor compensation in the sector contributes only twelve percent of the total value of production making payroll just a fraction of total costs large retailers could pay full time year round workers twenty five thousand per year and still make a profit satisfying shareholders were reporting their workers for the value they bring to the firm or raise at large retailers adds twenty point eight billion a payroll for the year or less than one percent of total sales in the sector that's a much different tune from what you hear from the corporate elite we've seen a parade of c.e.o.'s announce layoffs since the election are you. they just can't afford to give their employees health insurance as required by obamacare a year from now these are the same corporations that have seen a seventy seven percent increa

everyy is racing in to try and realize whatever income they possibly can and it is humorous, people like wal-mart quickly paying out dividends, people in new york asking for bonuses easy to manipulatef you get paid in december or january. i feel it will be a big boost to gdp in theourth quarter, all this money is flowing and the big drop-off next year. what do you think? >> to be somewhat of a boost, and they lost in the first quarter. more troubling to me are the other things businesses are starting to do because of the fear of the fiscal cliff and higher taxes. in some cases they are laying off, those are troublesome things. even if they resolve the fiscal cliff, higher taxes will mean less spending in the economy and less reasons to invest and hire more people. melissa: i don't even think resolving the fiscal cliff would make that much of a difference because businesses still face uncertainty scare them of making decisis. first it was about obamacare, and they were so upset and didn'tt to spend any money. and then the election, they still didn't want to do anything. resolving the fiscal cliff

we keep hearing about companies like wal-mart paying dividends before the end of the year, realizing dividend taxes will go up, people can click ahead of time, same thing we are hearing about bonuses. it is easy to pay somebody their bonus december 25 of january 2 depending on the tax treatment. do you think that is going to impact gdp in the fourth quart quarter, that there is just a lot more cash realized, like mark peabody and we see a decline in the first quarter because of that, or not? >> the pull forward effects. that is something that is a risk, although quite honestly us economists have been marking down our fourth quarter gdp numbers, we're only now looking for growth at about 1.5% in the fourth quarter. the other thing to keep in mind is how much of that money would actually be spent, depends on how consumers are feeling. if they are feeling nervous, the equity market is really under pressure because it's getting toward the end of the year and we have not had a resolution, they will be more likely to stay rather than spend it. you may not get as much, the savings rate may

if employer like wal-mart covers significant part of the increase, then the part the employees wouldto pay obviously is much less and then i guess depends on the individual circumstance whether the employee feels it is too much. melissa: you know, someone o has been in the industry for a lo time what do you think is the bottom line how is is playing out? is it, is it net-net good? do more people end up with health insurance or, you know, does it become, what does it look like in the end? >> well i think in the end more people obviously do have health insurance. whether they have someone that will, a physician that will actually see them or not is a different story. what i think the real lling int her is that this may be the ver first sign, first salvo in what's going to happen with the empler mandate. my ilosophy which i stated in my book is that probably within 10 years we will do away with employer-based insurance because employers, we have to remember, that, providing health insurance for your employees can be a problem. often results in you having to make decisions which don't pl

out on wednesday industrial production numbers on friday also bigger thanings from big companies like wal-martnd home de bow. those are trickle in through out the week. reminder stock markets are open today but banks and mondbond mas are closed in observance of veteran's day. >> they were hard to find but the list is sort of short. you have actual deals. >> some things are great. i don't want to get you excited not tempt you too much. if you are flying coach usa today has a list of what they are keeping free for passengers. southwest let's you change your travel plans no cost. southwest and jetblue allow free checked bags. two for southwest one on jetblue. virgin, air canada alaska don't charge for free movies you can get free drinks at these airlines and free snacks at those. not we have one is taking you for everything. >> you can get free bags on jetblue and free movies every where. >> movies are starting overseas he overseas before they open here. >> it is working for sky fall. the 23rd james bond movie posted record over the opening weekend. that's a record. internationally it has grossed

a half precent margin that it's going to be eradicated in companies like wal-mart. retailers cut prices. and we have heard this. the prices are cut so much and with such a high cost for all of those inserts that we saw on the newspapers, yet they are not as effective today because people are online. >> another company at sears. you were saying in your research that people were going out for things that they need. they are not going out for luxury mattress from your absolutely right. this is the season not of indulgence but if practicality. it is about outerwear and appliances. of course, it's going to be stocking suffers and food products and i he already received a big chart of cashew nuts. so we are going to see a very big switch here of clothing for children. not so much the toys. chyl: hilleary, thank you so much. it's wonderful to have you on the show. we will be right back with our answer to a question of the day. outgoing congressman armey frank. asking voters to do the impossible and we agree. we met we do our best. we met we do our best. i am not [ male ann

friday can come soon enough for some, they can shop after finishing thanksgiving dinner, retailers like wal-martears and kmart offer door busting deals starting 8:00 tonight. >> number four, highway patrol will be out from now through sunday looking for drunk drivers as well as speeders and drivers talking on cell phones also making sure drivers and passengers are wearing seat belts. >>> looks like colin kaepernick is getting another turn in the starting line-up. smith told espn that kaepernick will start sunday's game. schmidt has not been cleared since suffering a concussion. the coach says there is no quarterback controversy >> last check of your forecast with mike. >>> no controversy there, going to be nice and dry. >>> absolutely. good morning. happy thanksgiving. live doppler, along with satellite, both showing clear conditions this morning. few high clouds possible this afternoon. a little fog this morning, so far, it has moved from our reporting stations it was down to a mile and 3/4 napa, i can't believe it just vanished probably just moved away still patchy fog out there 30s and 40s mo

wal-mart yet. they're responding to competition and the needs of customers. that's what you're supposed to do in a free market. no one forces people to work at wal-mart. unions don't like the facthey haven't organized wal-mart. >> rick, these folks are getting paid overtime for working on thursday, right? >> yeah. let's keep in mind what this is about. it's really a one had day convenient. it's probably fair tore characterize it as a row test, a little bit more than a strike. not about wages or benefits. about work conditions, mostly in inland california area where they've had big problems with people working in way overheated warehouses, equipment that's not safe. this is what this is about. they've got a problem there. >> what the unions are doing, and again, wal-mart is not unionized, but the unions want the workers to walk out, they're focusing on this extra work that they have to do on thanksgiving pay, for which, by the way, they're paid double time and get all sorts of bonuses. >> yeah. wal-mart is facing a number of protests across the country. not just for overtime. there has been a push to unionize wal-mart the real issue is that wal-mart hires a lot of peopl

just a group that doesn't like wal-mart? >> i don't think it will have immediate impact. but it will have a significant public relations impact. this is timed for maximum leverage. the biggest shopping day of the year. the biggest retailer in america. you demonstrate outside and get maximum publicity and exercise leverage. megyn: what about maximum irritation? >> are you trying to convince them that they should not shop at wal-mart? they might be able to do that. are you trying to convince wal-mart shoppers that workers should be unionize? you will not be successful at that. but you are imposing your leverage on wall street -- excuse me, wal-mart. at a critical time. hold on a second, it is actually broader than this. all unions are flexing their postelection muscle. there have been strikes in oakland, california, and at the airport. a big demonstration planned for los angeles international airport in the next 24 hours and all of this together, means that the unions are flexing their muscles. megyn: are they feeling emboldened? >> not exactly. they wanted to get barack ob

company for example like wal-mart calling for protests on black friday. there may be a federal labor law wish the national labor relations board. >> eric: how convenient that the three democrats and one republican all obama appointe appointees won't rule on this until tomorrow. and by then it will be too late. they will still have the protest going on outside of wal-mart. >> dana: they didn't wait when they prevented boeing going to south carolina. >> bob: wal-mart is bullied by the employees. they don't have the unions. >> eric: this is moveon.org who started this that sent out the e-mails to various supporters of their cause. so "a" , protest, "b," talk to management, "c," dash >> bob: call this what it this is. the largest company in the united states ripping off the employees. >> eric: how ripping them nauf >> bob: not paying them living wage. >> eric: what is the living wage? >> bob: more than $12. >> eric: what is the living wage? >> dana: always a little more. that's how they survive. i'm not saying, maybe they deserve to get paid more. maybe they

the broader market here, and you got stocks like wal-mart and best buy moving higher which is near lowss of late. sears a big winner, macy's up 1%. dagen, looking at gains k almost across the board amongst the major retailers out here, and no doubt, some of the kids will force the parents to take them shopping here as well, and, hey, everybody, tell fox business, send wishes out? >> happy thanksgiving! [cheers and applause] dagen: that just made me smile. that's hard to do. >> it is. dagen: terrific sight. report, thank you for doing that. tell them happy thanksgiving from me too, please. this is what i want for christmas, and i will not be getting one. the beefy, but very beautiful and very, very expensive mercedes g63amg. foxnews.com editor will give you the inside scoop. he drove one of those babies. here, take a look at how world currencies are holding up today against the dollar. ♪ [ male announcer ] you are a business pro. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle.

friday sales are starting earlier than ever and store >> ama: opposition is growing to stores like wal-mart, toys 'r' us, target that plan to kick off blackty deals on thursday night. an employee started an online petition to give back the holiday to employees and their families. there are more than 238,000 signatures but experts say when it comes to competition, stores like target are simply supplying a demand. >> an appetite for shopping and it's becoming earlier and earlier. nobody wants to come in second in that race. so it's really a question, look it, people are thinking about shopping, they want to go shopping. >> ama: opening up at 9:00 thanksgiving night, provides an after dinner shopping event for the family. many employees argue it takes those values away. >> when you go to buy a car, fuel economy is major deciding factor for 97% of customers, according to a study by ford motor company. now with new federal regulations and a rising gas prices, abc-7 jonathan blume has a look at the changing face of american awbles. >> now you'll see i'm ready to drive. >> i'm about to test drive

will spend more than a half billion -- $1.5 billion today and they started at midnight and places like wal-martarget are pushing their deals on home paints. and depending on what they pout or spent, we wanted to see if they planned on shopping today. >> sure, i am curious because i can scope out and see what is happening on sale but to make me spent my money, i will rather hold on and i do listen and hear about other deals going on closer to christmas. >> beware of online thieves because it is primetime for them to strike. criminals will be tar getting smart phones as well as people using outdated web browsers. holiday shoppers should only go to representable websites and avoid using debit cards because it gives thieves direct access to your checking account. jeanine della vega, ktvu channel 2 morning news. >>> black friday spending jumped more than 2% and shoppers made more than $247 million, spent an average of $423 and those started on thanksgiving day this year. they say sales on friday also dropped because many were excited about the stores being open on thanks giving day. >>> and the homi