liz: $750.people might want these things for fun, but then you've got the people who are very concerned about safety. this may take it a little far, but kanye west, of course, said he was very concerned that the paparazzi would start using it, flying over his swimming pool where he's trying to be private and it crashes into the pool, and he envisioned, you know, this thing could fall right next to his daughter in the pool, could it electrocute her? some of these things are worry, and then, of course, the faa chimes in, and you guys are stuck in the water. >> sure. now, who is that, that you're talking about? kanye west? liz: kanye west is -- [laughter] >> i'm just joking. i'm just kidding with you. liz: oh, okay. hey, i never know. you've been working with the chinese for a while. you might be out of the loop here. [laughter] >> so, yes. people definitely have a concern of privacy, and, you know, i'm not going to sit here and say, hey, you shouldn't be concerned about that, but, obviously, there

there is time, liz. liz, rubies are cheaper.you soccer and let you bring you a pen and robots let you see a museum without lifing the comfort of your living room. there is new project, brings robots fitted with cameras and lights, let request people control the view of the art. the machines were designed to have sensors from bumming into exhibits and knocking them over. the project, first-of-its-kind in museum or gallery setting will run for five nights. david: i bet a master plan to steal the artwork. we asked you on facebook and twitter are you planning on spending more or less on back to school shopping? lisa on facebook says, 1% pay raise eaten up by health care insurance our family cut back on all our spending. liz: number two thing to watch tomorrow is cisco. shares falling after-hours following the company's earnings report. cisco reported numbers per share 55 cents. revenue $12.4 billion. we'll speak with cisco chairman and ceo john chambers about the results tomorrow. he is right here with us and you "after the bell." d

liz: good afternoon, everybody. i'm liz claman. from day to day, you can call the behavior of the markets warm one day, cool another. ebb, flow, wax, wane, today we're waxing, with one hour to go, brushing aside a shocker of economic report that came out of europe earlier this morning. one that showed zero growth for france. nothing. totally flat. here in the united states, the major averages moving higher, close to the highs of the session for the dow the high is a gain of 57. we're up 49. the nasdaq better by 14 points. the s&p scratching out a gain of nearly 7 points. russell nearly flat but the dow transports have 39 points added to that index. all of these indexes have gained ground in three of the past four sessions. what's going on in the psychology of the investors' mind? investors blowing past news that more americans than expected signed up for first-time jobless benefits last week. we got that number out this morning. the economic storm clouds on the other side of the atlantic. zero growth in the eurozone, france broke i

liz? liz: i guess not. alan what is happening with the markets how important is it to follow the big headlines that come out versus looking at earnings? alan? >> if you're asking me the question is always about earnings. that is what drives the markets and that the fundamental reminder how well the stock market is doing. i talk constantly about the economy and stock market are two distinctly different things and people get tied up more in what the economy is doing than how stocks are performing. fundamentals haven't changed in stocks. like you mentioned 75% of stocks so far reported came out with beats one way or another. liz: okay. bernie williams, john buckingham, alan knuckman, we'll come back for the s&p futures close in just a minute. >>> investing like a billionaire just got a whole lot easier. in fact it is simple as buying a an etf, an exchange traded fund? which one though? we have got the details straight ahead. david: also it is the best-selling vehicle in america and getting ready for its bigges

liz is next. ♪ ♪ liz: investors on edge or now comfortable with crisis?ch of the world's top spots has the power to peter out the market? this as the dow brushes up against the wreak-even point for 2014. our peter barnes weighs in along with investor chris bert be lson of global financial who tells us in a fox business exclusive what he's buying in this uncertain market. >>> buzz about buzzfeed exloads. the web content sensation winning a $50 million investment. the man who first saw gold in the news site, early buzzfield investor all-star eric -- [inaudible] on what's next for the start-up, whether it'll change the whole media world. >>> and learning from leaders. linkedin's the state of my industry with airlines' ceo gary kelly. the stock up more than 50 percent this year, outperforming rivals like american, delta and united continental. he'll tell us how southwest has revamped its fleet and is expanding overseas. "countdown to the closing bell" takes off right now. ♪ ♪ liz: and memo to buffalo bills fans: i got your back. don't worry about it. good aft

liz claman ir charles payne. welcome to making money, i am going to help you with my friends my cast of characters making money by investing in stock market, here to help our investment pros, hingea -- hitha and matt and tracy and kate. the message of word not count down to the crash or fast trading, it is about investing successfully, to do, that you have to build your portfolio overtime, that is what we're here to help do you, we do that with real, real deal, we go, behind the headlines showing you how to use them to make more money. so let's dig i in to our first real, real deal, major averages did end the day lower as tensioned in russia and worries about whether u.s. would have to get more involved in iraq, send investors to things like gold and treasurys. matt, let's talk about today's decline, was it the geo political concerns? is that the time that people should be out there picking winners. >> the market was acting well this morning, then geo political political concerns were building little by little, m

liz: brilliant.that analogy. >> you have a huge problem you have to address, like a dead zone in the gulf of mexico. how does a three pound airplane help with that? it helps because it allows you to go right to the wetlands, rivers and streams to stop it at the source. rather than waiting until you deal with hundreds of miles of ocean. liz: it takes the video as well, correct? >> we can do video. liz: but it's the artificial intelligence you embedded within the drone to go over certain crops and find out why is there a patch that's starting to die. >> yeah, absolutely. two key components of this. obviously, information is key in the industry, that's where the focus has to be. you need to have a platform that is good enough to get it there. you only get one chance to get it. if you don't get right, there's not much can you do on the other side of it. liz: how much does it cost? >> the platform is about $15,000. and the payloads that go into it to get all that information, they vary, and it depends on

liz: let's

liz: $199.ue of this, beyond just hey, there is video version of a police officer's version and therefore, a lawsuit would go away? >> the main value for a police officer to protect their credibility. police officers unfortunately are accused of doing things they didn't do more often than many people know. liz: in fact false allegations cost police departments a lot of money. >> millions of dollars. hundred of millions in large cities. liz: when a perp is told camera. >> immediately it stops. we heard from police officers who pay with their own money out of their on pocket for a camera like this they have had people calm down and relax as soon as they men video. liz: in fact your company, brick house, provided cameras for a police movie standard jake gyllenhaal, called, end of watch. we can show some of that what the video looked like. they used video from the actual camera correct. it was not something hollywood put together. liz: >> it was our technology. liz: it is pretty clear picture here.

liz: liz, thank you very much.sent thinks it is time to move on the ice bucket challenge. sponsored by fictional wizard. liz: this could be break through in astronomy. scientists discovered evidence of one of the very first suns in the universe. we'll tell you about it when we take you "off the desk." it can bring out the worst in people. but the m-class scans for danger, corrects for lane drifting, and if necessary, it will even brake all by itself. it is a luxury suv engineered to get you there and back safely. for tomorrow is another fight. the 2015 m-class. see your authorized dealer for exceptional offers through mercedes-benz financial services. david: boxer fitty sent challenging boxer floyd mayweather. >> this is the als challenge, floyd. if you can raid one full page after "harry potter" book [bleep] i will give 750,000 to whatever charitableorg you want to. david: i don't know why he has to use the language that. is a lot of money. if completed successfully, fitty sent will donate 700,000 to a charity of

>> liz, is that to me? liz: yeah, neil. that would be you. [ laughter ] >> i think the market goes higher, everything is in place for the market to go higher. if you look at the market where the euphoria has been in say the social media and biotech, they're way overvalued. you were talking about hewlett-packard and it's up 2.25 points today. you can buy that stock for a price to sales ratio for 60 cents in revenue compared to twitter where you are paying $23 for a dollar of revenue. costs are down, debts down, earnings per share are up, everything points higher. one of the things i look for in the next 12 to 18 months, companies have to slow down acquisition trail, they can't continue to raise dividends 20, 25% a year, it has to go into capital expenditure programs which is good for the economy going forward. liz: ira to john and neil's point that people are getting back into the market, maybe they feel that no matter what happens tomorrow with the janet yellen speech and the mario draghi speech from the european central ba

liz: right.rse, is one of your very top brands that we should mention here, and my floor director, benny, said you've got to show this. i'm using this all the time. >> this is a first rate example of how we can bring the high end jbl which is all used by the profession alma -- professional musicians. liz: dinesh, i've been a fan for liz: dinesh, i've been a fan for a long time, and the stock is up [ male announcer ] it's one of the most amazing things we build and it doesn't even fly. we build it in classrooms and exhibit halls, mentoring tomorrow's innovators. we build it raising roofs, preserving habitats and serving america's veterans. every day, thousands of boeing volunteers help make their communities the best they can be. building something better for all of us. ♪ ♪ ♪ liz: we're suddenly much closer to session lows right now. on the commercial break we were hitting session lows, the p s&p down 14, dow now down 103 points. folk toes, can we pull up the ten-year? this is what i -- yeah. we j

peter, thank you for joining us. >> any time, liz. liz: this tiger never changes his stripes.er changes his fur. on everything. plenty of things we're buying. liz: closing bell ringing in five minutes. after the bell, an interview you cannot afford to miss about the next big thing that's likely to hit wall street and investors everywhere. what is it? talking to a man who is dead right on when it came to the housing crash and the recovery and calling it. he's got new predictions that are certain to get your attention. don't move! it's monday. a brand new start. your chance to rise and shine. with centurylink as your trusted technology partner, you can do just that. with our visionary cloud infrastructure, global broadband network and custom communications solutions, your business is more reliable - secure - agile. and with responsive, dedicated support, we help you shine every day of the week. hard it can be...how ...to breathe with copd? it can feel like this. copd includes chronic bronchitis and emphysema. spiriva is a once-daily inhaled... ...copd maintenance treatment... ..

thank you, good luck. >> thank you, liz. liz: ceo of american giant. i didn't say it was the greatest. the reporter said it was the greatest. they are thick and yummy. closing bell is 27 minutes away, what could be known as the first battle between ukrainian army and russian troops spooked investors. should investors get off the table or jump in? remember we are supposed to run toward the action. also the global energy revolution front and center creating so many opportunities for u.s. companies in particular. one of those companies, superior energy services, stock up 35% over the past year, it's up today, another 1.25%. we're speaking exclusively to superior energy services ceo as part of our "mid cap marvels" series. hard it can be...how ...to breathe with copd? it can feel like this. copd includes chronic bronchitis and emphysema. spiriva is a once-daily inhaled... ...copd maintenance treatment... ...that helps open my airways for a full 24 hours. you know, spiriva helps me breathe easier. spiriva handihaler tiotropium bromide inhalation powder does

liz: that's it! apple. you feel silly talking about it, you talked about it before hitting a new high. levels that people hadn't seen for a long time. the reality is when you look at the numbers and look at thement in and you look at the product line coming up. you're paying for very little in the way of excitement. what's going on over the next few months is going to be very, very surprising to the upside. but even if it didn't, you're getting the 2% yield in a subpar price-to-earnings, priced for a spectacular company which has a brilliant future. the reason it's telling you about the valuations, people don't believe that. what if they exceed expectations, which i think they will? liz: and waiting on the iphone 6. the sapphire glass. >> september 9th is a big day. liz: big day for mike collins, he loss of apple stock and has a big position in it. 20 seconds. what makes bull markets end? >> overvaluation. and we're simply not there. the perfect question is. liz: aren't we overvalued, s&p's trading at about

liz: okay. all of this in the picture, ira and teddy, you're our equities guys -- phil, feel free to play along -- do you give a thumbs up for staying in equities right now, or do you start to look elsewhere at the moment? teddy? >> i don't know where you're going to look because there aren't a lot of good choices, but i think you have to be very, very cautious here. i think sooner or later buying the dips is not going to work. i don't know if it's this time or not, but i think clearly the equity markets are on the other side of the mountain. i don't know how long it's going to last, but i think we've got rough sledding ahead. liz: ira, i think you might disagree. >> yeah, i do. i think that until the dips don't prove to be buying opportunities, they are. so let's see one of them go beyond the 10% correction, then i'll start getting a different train of thought. until then each one over the past two years or so is offered a buying opportunity. liz: so great to -- >> i want to break the tie. liz:

liz: they do.the way we're awaiting on these earnings from twenty-first century fox, our parent company but also keurig green mountain. they're expected to come in with 88 cents per share. doesn't look like the s&p can make a gain here. it is down just 11 pennies. barely flat. the nasdaq is up 2.2. just a fraction here. russell showed a little bit of strength. you call this market flat. not our show. we're anything but flat as we jump for all kind of news. "after the bell" starts right now. david: there were some individual stocks that did incredible things. we mentioned time warner and for example. walgreens weighed down. individual stocks moving in very, very big ways. let's get right to today's

i hope you're making money today, here's liz. liz: no simple recipe. fed chair janet yellen says the job market is improving, but there's no simple mix for monetary policy right now. did she clarify or confuse? and how will the markets read it by the time the closing bell rings. tick by tick reaction and talk to the smartest money managers and fixed income gurus to find out what's next? >>> gm's recall crisis taking a new turn. company's lawyers are reportedly under scrutiny. federal prosecutors want to know where lawyers have evidence about faulty ignition switches? we're on the story. >>> a drone small enough to fit into your backpack and so easy to put together. our team fox business whipped one up. they have a serious and high-tech use in the battlefield and law enforcement to capture details, hd imaged on the ground. dave creche is here in our series "rise of the drones." "countdown to the closing bell" starts right now. good afternoon. i'm liz claman. the united states is delivering another stern warning to russia. move your trucks out of ukraine

liz and ashley. liz: hey, i mean, everybody's got to suffer. let's go, you know? good point. would people give up that tax deduction for a flat rate system that gets rid of all the other nonsense? liz: i can hear steve forbes cheering. ashley: you can. liz: peter, thank you very much. if you've gone to the doctor, the dentist or taken your pet to the vet, odds are you've used one company's product. the ceo on the company's blowout record quarter and what positive catalyst led to raise guidance. ashley: plus billionaire george soros shares one israeli consumer name whose stock has fallen 32% this year. we'll have the details. liz: investors were smiling on wall street today but so was team fox business. it crossed the finish line at yesterday's new york city trialt land, chris hahn did the swim, then i switched over to do bike portion, 26 miles, and, you know, chris emerged from the lovely hudson river no less for the wear. he did it in 19 minutes. i hate him. i know. i did the 26 miles, i come back -- where's chris? he's nowhere to be found. [laughter] he was in t

liz? liz: let's find out. cars, at least most of them run on gasoline extracted out of oil. oil prices rebounded from the lowest level, here is the intraday picture but if you look at six-month picture the rebound came from the lowest level in more than six months. following the report, that ukraine had attacked this russian military convoy. despite today's gain, oil settling the week in negative territory. because the international energy agency earlier this week lowered the global demand for oil for the whole year. nobody will use as after as they thought. is now the time to buy oil? is that a bad omen? are oil prices headed lower. bull-bear street fight. george gear rose, rbc wealth management and james kortier, liberty group management. i couldn't decide who to start wit. i will beat up george a little bit. >> okay. liz: you're bullish on oil, a headline here and there makes it go up. if the best it could do was up 2%. didn't close up 2% in light of what could be a dramatic moment for oil, doesn't this mea

liz: sure.ear through different administrations both sides of the aisle bad decisions have been made. these particular bonds, people know what they're getting into, as long as if, these things blow up, as david said, that these are not on rest of our shoulders. that is what people want to hear. goldman sachs, i use them as an example. they had so much invested in aig and ended up getting 100 cents on the dollar because they were bailed out with our taxpayer money, that will not sit well with people if something like that happens again. >> absolutely. i don't think these particular bond present that problem for the taxpayer again. my concern is, for the new business, that the government is now once again jawboning lenders to make riskier loans for political reasons, and they're doing that at both fha and ad fannie and freddie through the regulators. david: hey, ed, there is an attempt or at least there was an attempt for a while couple months ago, winding down fannie where you used to work and fr

liz: they do. by the way we're awaiting on these earnings from twenty-first century fox, our parent company but also keurig green mountain. they're expected to come in with 88 cents per share. doesn't look like the s&p can make a gain here. it is down just 11 pennies. barely flat. the nasdaq is up 2.2. just a fraction here. russell showed a little bit of strength. you call this market flat. not our show. we're anything but flat as we jump for all kind of news. "after the bell" starts right now. david: there were some individual stocks that did incredible things. we mentioned time warner and for example. walgreens weighed down. individual stocks moving in very, very big ways. let's get right to today's market action with bryn mawr trust chief investment officer. strong revenue and wage growth are indicator of improved fundamentals. scott black, delphi management. two names for investors. todd horowitz in the pits of cme. todd, i want to start with you. you have earnings season. you say we're beating

liz: 725 mil. 60 north texas counties, includes not dozens, hundred of homes, 30,000 areas of cultivated land and 1200 oil wells. david: oil wells? liz: quon if they're breaking. the estate is statue of liberties of cowboy culture t has been under one family's name nearly a century and family feuding nearly led to the estate breakup in fact the selling of the landmark end of decade long battle of the heirs. david: i pray putin doesn't by this. this one was a great one for sky watch is, if you went outside like my wife did in in fact, in particular hard to miss. yesterday was the summer's biggest and brightest super moon it was called. the full moon closest it gets to the earth. it was 20% closer to the earth than it is at its fartherrest point, making it appear to be 14% bigger and 30% brighter. last night the brightest and biggest evening of the super moon. it is meant to last through wednesday. so don't forget to take a moment to look up at it, particularly when it rises. that is when it looks th

liz: step into cash. david, let me come whack to you -- come back to you, how you feel about healthcare because that seems to be focus of picks. humana is name you like. people don't want to to into individual names you have the long-short health care fund. explain to viewers how that works. >> with the high land long-short health care, the advantage to a fund like that or portfolio strategy like, in this environment, talk about bond as a hedge. long-short strategies are a good hedge. in a space like health care where you have highly non-correlated companies, stocks within that industry, there's a good opportunity to pick longs and shorts that can reduce the beta of the portfolio while producing good alpha. a good example, yesterday that fund was only down 3:00 quarters of a percent. year-to-date it is up 2 1/2 times the s&p 500. the michael gregory and team are doing a great job with that portfolio strategy and a great strategy in environment like this. liz: they do the work for the investor. good to see

liz: good afternoon, everybody. i'm liz claman. with just one hour to go, a two-day rally for stocks appears to be over. investors seem to be focusing on something they didn't focus on yesterday. new concerns about the crisis in ukraine. now in the absence of any major earnings reports or market moving u.s. economic news, though i would fight against that. you talk about the jolt survey in just a minute which looks really good. the major stock averages are not really good but not bad either. the dow industrials down 30 points. down 51 earlier today. though up 20. s&p losing about a third of a percent but the russell 2000 today flips over and goes a bit belly up compared to the other indexes, down one full percentage points. we should mention that the dow, when we're talking about uncertainty has crossed the unchanged line 44 times today. let's talk about new twists in russian policy toward ukraine. that was yesterday that we talked about how there was reportedly a humanitarian mission, there are questions whether a truck carrying t

liz: $200?ree content package, including three best-selling books, three top-rated tv episode and a choice of four magazine subscriptions of top magazines as well as $5 cash credit. >> mike, who picked up the phone first, you guys or samsung and what was that conversation like? >> we've been very public for some time that we were looking at partnering for the production of our hardware. our real strength is providing reading experience and digital content for our customers. samsung's strength, their core competency is making world class tablets. so the first conversation i guess, probably was initiated by us but very quickly became a dialogue between the two of us. we were both very interested in doing this together. liz: okay. so i just punched this up, the james paterson book. obviously a very popular, best-selling author. he is also very vocal against amazon and the kindle, which is of course the big 800-pound gorilla in this fight. he is angry as are a lot of authors being undercut on prices

liz: david: liz? liz: do you think vivek plays "candy crush?"pany behind "candy crush," king digital, we want to bring you a stock alert here. shares of the company plunging 22% after-hours. the company missed second quarter revenue estimates. it is lowering the full-year outlook. king digital is maker of that popular game "candy crush." it is so popular, david, up with good thing out of its earnings reports, daily active users were 13million users in q2. that is up 82% but market doesn't want to look at that right now. david: as vivek if you said, focus on superficial, sorry, folks but the game is superficial, play it instead of reading newspaper when traveling to work on the bus. but that is the problem. it doesn't have much use beyond that particular game. i guess that is what the market is saying. >> i guess warren buffett would never invest. he doesn't invest in things he down understand. if you want to invest in billionaire like warren buffett, arguably, biggest investor of our time, you could be out of luck. author of warren buffett inves

liz?vid, thank you, we're counting down to fed chair janet yellen's big speech in jackson hole, wyoming. it begins in less than 24 hours. next our peter barnes in jackson hole will ask former sans city fed president and now fdic vice-chair thomas hoenig what to expect. >>> we'll find out what is really going on in the housing market after today's great numbers. stronger existing home sales. century 21 real estate ceo is our exclusive guest. >>> the biggest ever reported hacking attack on a u.s. health care company. you need to hear this. details straight ahead. ♪ shingles affected me tremendously as a pilot. the pain in my scalp area and down the back of my neck was intense. it would have been virtually impossible in that confined space to move to change radio frequencies. i mean it hurt. i couldn't even get up and drive let alone teach somebody and be responsible in an airplane. as a pilot that meant i was grounded. my motheit's delicious. toffee in the world. so now we've turned her toff

liz: okay. so knowing what we know, which is, certainly at many some point rates will be raised we take it back to brian. get to some of the names. you like some financials in the energy areas. put up your three picks. encana of course would be the energy pick but what speaks to you about this name and other names on your list? >> we love the gas sector in general and we're looking out over several years. we see clear and significant demand drivers that will lead to significantly higher demand for natural gas. we like encana. new manager has come in. doug subtles has done a tremendous job restructuring company. the plan is couple years ahead of schedule. david: tom, i'm sorry, go ahead, finish your thought, brian. >> on financial side bank of america is our number one pick there. we love bank of america if you look at it from fundamental standpoint. they have a tremendous franchise being clouded what is going on with the countrywide settlement. we believe that is getting closer to the end than i

liz: $254.94 a share.o you see tesla becoming competitive, rolling the cars off an assembly line at much faster clip at some point? they definitely have the cool factor at the moment. people want them. >> oh, absolutely. it's a beautiful car. they have done a fabulous job marketing to a very high-end clientele right? it is $100,000 car. the problem is that it has roughly half the market value of honda and, their prices if it will be a mass market car. i think there's a real problem when you look at the battery and how it takes a long time to charge i it, whether 45 minutes on supercharger, or eight hours at your house, i mean that is a long time compared to filling up at a gas station. and the range just isn't there. 200, 250 miles, just isn't enough for the, for 95% of your trips it is fine. but 5% of the time you're drive kids to michigan for a soccer tournament or seeing grandma in far away place over the holidays. not just a car for the every day person. liz: that's why i pulled my kid out of peewee ho

liz: great to see all of you. michelle girard, bob dahl, nuveen asset management chief equity strategist. we appreciate you going on. for more on the president's impromptu news conference our senior washington correspondent peter barnes listening to every single word. peter, this was an interesting one. started off as saying the jobs picture is briefing and went from the ukraine to gaza to ending with the cia, ebola. a very interesting, what 48 minutes. went on for quite some time on a friday. >> a wide-ranging impromptu press conference by the president. but liz, you know, you can set your clocks to this. congress is trying to get out of town for annual august recess and almost without fail, a president will come out and try to blast his political opponents and talk to the voters back home to put pressure on his political opponents and the president doing that. trying to put pressure on house republicans, on a number of his agenda items, in particular, immigration reform and border security, taking the jobs repor

liz? >> thank you, carol. well, new this morning, police are investigate a suspicious fire in riverside, new jersey. the vacant auto body shop caught fire around 2:30 this morning. now, authorities say, morton's auto body shop, 400 block of pavilion avenue, has been vick on the about ten years. eyewitnesses told police they saw someone running from the burning building. exact cause of this fire is under investigation. >>> and developing right now, in ferguson, missouri, dozens defy the mandated curfew imposed by governor jay nixon. requiring all to get off the streets by midnight. now, police used smoke and tear gas to disperse the crowds, protesting the fatal shooting of an unarmed black teenager. "eyewitness news" reporter sometime a chowdhry, is live in the cbs-3 sat center with the very latest information. good morning, syma. >> good morning, liz. off initials missouri say the curfew did not go as well as they had hoped for. protesters refuse to leave the streets between midnight and 5:00 a.m. by the time

liz? >> thank you, carol. rolling now in ferguson, missouri, dozen defy the mandated curfew imposition dollars by governor jay nixon requiring all to get off the streets by midnight. now, police used smoke and tear gas to disperse crowds protesting the fatal shooting of an unarmed black teenager. "eyewitness news" reporter syma chowdhry, is live in the cbs-3 sat center with the very latest. good morning, syma. >>> good morning, liz, officials say the curfew did not go as planned, as well as they had hoped for. now, protesters refuse to leave the streets between the hours of midnight and 5:00 a.m. and by the time the curfew was lit dollars, one person was critically injured, and seven people were arrested. >> after a week, police enforced curfew for the town, protest verse to leave the streets between midnight and 5:00 a.m. but many didn't heed the warnings from police. overnight, seven people were arrested. this after police used smoke bombs, and tear gas, to control the crowds who refiles today disperse. at o

and in new york, liz hoffman, reporter. >> what are it's chances of the bill? >> senator leavitt's bill and his brother in the house have both introduced bills so that when an american company merge was a foreignen company, it would have to be at least 50% owned by foreign stock. that makes sense, to get the advantages of being in a foreign company. foreigners. >> right now it's 20%. >> this is one that i support but i would be very surprised if congress ends up voting on it any time soon. >> steven moskowitz, i want to get your opinion, but also, how should the white house act on it? president obama talking about his pen and his phone and executive action. >> it's true, but what i would like to remind the president, the united states supreme court spoke on this many years ago when it said that we didn't even have a patriotic duty to may a penny more than we have to. these laws were put in place for a variety of reasons and one is economics. the bottom line is we don't have a patriotic duty to pay more, and these are the laws. and i don't think that the congres

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this is a pretty nice week coming up for august, liz? to know, carol. >>> a nine year-old, florida boy fights off an alligator and lives to share his story. in fact, he is doing so well he spoke to reporters from his hospital bed. as reporter michelle meredith tells us james barney was the star of his own news conference. >> reporter: nine year-old james barney was still recovering from surgery, was wheeled into the news conference on a hospital bed. but did not miss a beat. >> it was a pretty big tooth, they said the alligator was about 9-foot. >> reporter: james survived an alligator attack, that happened and 2:30 thursday at the popular lake front park in saint cloud. james told reporters he jumped in the lake to cool off, felt a tug, thought one of his friend was messing with him and realized he was fighting a alligator and fight to go save its young life. >> i felt its jaw, i felt its teeth. i didn't know what to do so i immediately reacted and hit him a couple times. then it was letting go a little, and then finally i had enough st

and in ne in new york, liz hoffa reporter for the world trade wat journal. how much goes here and how much stays abroad? >> it's a company's decision. for the most part, we're not talking about a headquarters. that's a slightly different concept. this is a legal idea. some companies are going to move some assets, and some aren't. it depends on how mobile they are. and you will see that some of them have corporate jobs in the u.s., and some in manufacturing and distribution, and most of these companies are still going to need boots on the ground in the u.s., and they need staff and sales agents. and they have little to do with jobs, and more to do with corporate identity and corporate balancing issues. i want you to pick up on the jobs. does it have an impact in america? >> most of these inversions are just on paper. the headquarters are moving on paper. and the headquarters are here, and the manufacturing jobs are here, and the retail jobs are here. but what it means is that the federal government is losing out on revenue, and they employ lots of people in a

liz? >> thank you carol.ight now in ferguson missouri, the first night of a mandated curfew ends with several protesters getting arrested. now, police used smoke and tear gas to disperse the crowd, who were protesting the fatal shooting of an unarmed black teenager. "eyewitness news" reporter syma chowdhry, live in the cbs-3 sat center with the very latest on this story. syma? >> that's right. officials in missouri say they are disappoint the with the outcome after implementing mandatory curfew in ferguson. crowds did not want to disperse. >> this comes after week of unrest in ferguson. protesters had to leave the streets, between the hours of midnight to 5:00 a.m. but many didn't disperse, leaving seven people arrested. now, police officials say 1.1 protesters came out with a gun, and shooting occurred leaving one man injured. police say they tried to respond, but crowds pushed them back, leaving them to use smoke bombs, and tear gas. authorities say the violence quickly turned to them, as the shooter target

liz? what do you say to that?ched according to political which broke the story. this is an area subject to wild fire in santa barbara, over 40 acre states. this is the most part section of central coastal california. is in danger. the area residents, the likes of ellen degeneres, jewish lucas, eric schmidt, you are getting water trucked in because they are paying a record amount of fine for overuse of water, $4 million in fines collected by the county. for over using water according to that. stuart: i have no problem with oprah winfrey paying out of her own pocket for the water that her garden needs. liz: her gotten but also there are restrictions on water usage and the county is threatening to shut the santa barbara holmes down if they of reuse water. stuart: of using municipal water. if you bring in your own with a tanker truck you are not breaking the rules. liz: a wild fire, she needs the water. stuart: if you have the money, spend it on the water you need. i have no problem with that. liz: residents deal with

. >> liz as we know, the quake happened in the middle of the night. imagine in the middle of the they with all of the tourists. things like this big boulders like on the sidewalk and the street, along the sidewalk here, you can see just all around the napa valley, fortunately, nobody along the street here was hurt. if you look at this law office you can see that it was red tagged unsafe. and, that is the case for a lot of these businesses along this main stretch. and, we pan out you can see the damage done to this building. and, if you go to the video earlier we can see what happened in the middle of the night. there were fires, extensive damage done. as people were jolted out of bed at 3:20 this morning. i experienced it. i experience today. i felt a long rolling motion, i can tell you a lot of people here in napa they felt a jolt. they were jolted out of bed. and, as they came down here at first light to assess the damage they saw primarily a lot of damage done to the courthouse. take a listen to what the jury instructor told me for tomorrow's juriy

liz? >> thank you carol. back in news, a three year old girl is dead this morning the victim every stray bullet. happening right now police are questioning a suspect in this case steve patterson outside news headquarters, steve, all started with a argument? >> reporter: an argument liz an argument, four people are shot, one little girl is dead, because of a senseless argue between two men. police tell me that one of those men walk away from the argument while the other decided to pull out a gun and start firing. we can show you video now from the scene as you mentioned police say originally they had a man they were calling a person of interest, now named as a suspect in this case, in police custody. it all started about 9:40 friday night the 1500 block of adding street. again, four people are shot. the man involved in the argument the one that walked away, shot in the head, he's in critical condition the rest just caught in the crossfire. a male shot in his 20's, in the arm, a female in her 20's, shot in the

liz ann sonders.ning, everyone. scarlet fu and brendan greeley. with us, liz ann sonders of charles schwab. we consider technology. we will talk samsung. right now, important top headlines. >> the battlefront widens in ukraine yard while government donetsk, nothing concrete between the president and vladimir putin. theo curtis has returned home. he is back in boston. in a french corruption investigation, she is accused of negligence in a case -- she does not plan to resign. take is this is older news. it has finally come to fruition. >> she didn't seem very surprised about it. >> no, she did not. i think it's important to underline that she is in good with the imf. the fed and ecb, they take a hard look at their models. they have done some responsible work in the last five years. she hasld suggest that delegated authority at the imf. i have seen her in the room with olivier blanchard and they are not like subservient. these guys are the pros. let them do they want. will tell youitz that these organiza

we will talk about how long we will keep temperatures like this and dry weather coming up, liz? >> thank you. >>> we will begin this hour with breaking news as "eyewitness news" was first to tell you philadelphia police are questioning a person of interest in the murder of a mother in northeast philadelphia connie maclean murray went for a jog monday night and then never return home. she was found dead the next morning. near penny pack park. "eyewitness news" reporter syma chowdhry has latest details on the investigation live from police headquarters. >> reporter: that is right, liz. police have a person of interest in custody for questioning after the body of a missing jogger was found earlier this week. this is as police continue to search for evidence. police have spent the past several days in penny pack park searching for clues to find the person responsible for connie maclean murray's death. they combed through the area overnight in hopes of finding her cell phone. the wife and mother of two went for a jog monday night. when she did not return home her family called police

>> oh, my. >> poor liz. >> hey, girlfriend, can you scratch my ear?the spot. >> that was creative. >> healthiest type of dr. >> diarrhea. >> it's good stuff. you see why he's catching on online, and his girlfriend, liz, to tell us about the youtube channel, we have them right this minute. was this your idea? >> she's quite the oddity, making me laugh, so i had to get them on camera so other people can enjoy how crazy she is sometimes, but granted i'm the crazy one because i'm the one that i understand gaits these things. >> he just gets me at the worst moments, very in my head or anxious, and he gets me in that moment, and it's embarrassing, but it's funny looking back. >> why curlers in the hair mean raptor? >> first thing that came to mind. >> liz, do you get final say on the videos that end up online, or do you find out when they get shared on social media? >> i usually find outnce they are shared. >> oh, no. afsn that i said, you need to take that off right now, or this is done. i can't do it. >> the raptor is up there. >> exactly. whatever. >> wh

>> reporter: well, liz take a look at this. this is a piece of the building that came crashing down the middle of the street. luckily, no tourists, nobody in napa was here at the time the quick happened. you can see all of rubble here on the sidewalks, fluttering the downtown square. in this law office, it has been deemed unsafe. red tagged. and, that is the same for all of these buildings in the square here, a lot of damage happening in the middle of the night. >> the sight and sounds of a town rocked by a earthquake. the heart of downtown historic napa. >> like a truck was running through the house. i lived here my whole life, seeing all of this damage, it is sad. >> reporter: sad and scary and dangerous. especially in the dark. >> the power was out. >> i notice you have a band- aid, did you yourself? >> yes. i am going to be okay. >> reporter: a example of what a 6.0 earthquake can do and powerful force. these are bricks that came crashing down at 3:20 this morning. i am in front of the county courthouse in nap a. if we pan