local commerce is a $3 trillion market. most local transactions do not involve groupon today.en if we can get a very small piece of the overall local commerce market, we think we can build a great business over time. we're really focused on what we can do over the long term there. >> you say you're misunderstood by wall street. but specifically here you are launching a new business. is this going to convince wall street that the company's on track? i mean 70% down over a year. >> i think that this product improves the value proposition that we have former chants. we can use payments to help merchants save thousands of dollars a year over what they're paying today. that makes merchants more likely to want to have a lasting, sustained relationship with groupon, and run more deals with groupon. >> i understand tyler back in the studio wants to jump in here. >> mr. mason, given the slide in the value of the stock, slowing revenue growth, the company clearly has a fair number of critics, some of whom question the very business model of groupon. how do you -- some of them are very h

slide saying he's now focused on growing the business looking to get a piece of the $3 trillion local commercerket saying that he wants groupon to do for local businesses what amazon did for products. >> growth is slowing but we're still growing at very healthy rates. there's a lot of -- i think any time that you're inventing a new business model, it's bound to be misunderstood. >> reporter: i asked mason whether his sometimes controversial management style has been part of his problem with wall street. he laughed and said that investors can rest assured that he has surrounded himself with quite a diverse and very professional management team. we'll have to see if the kind of announcements that the company made today helps stem some of the losses that groupon has seen from some of its executives. mandy and brian, back over to you. >>> let's discuss this further. bring in editor redesign mobile. herb is still with us here. rocky, groupon wants to be square and be also ebay's paypal. ebay wants to be amazon. amazon with their daily deals wants to be groupon. this is a crowded space. >> yeah. eve

thousands of her can't relationships -- merchant relationships where we leverage those to go into local commercet up hundreds of customers and had the relationship to build up books and music and all those categories. liz: i remember how they did that can they survive on books. >> they have proven that one out. liz: sim, good to see you. we'll watch you continue to prove yourself. great to see a company growing. are you hiring, really quickly? >> yeah, we continue to hire well into the foreseeable future. liz: cofounder and ceo, tim shaughnessy. david: good stuff, cheap tickets. i phone 5 sales coming in way below analyst expectations. will a drop in apple's stock continue or will it be up again tomorrow? we'll explore that next liz: most people think this is great. apple's iphone find topping sales. david: they still fell short of analyst estimates. you have the expectations if it doesn't meet it. then there's a problem. fox business's lauren simonetti has the details. >> it is expectations. it is kind of a silly story, right? they sold more than five million in opening weekends. what analysts

they come from the ministry of commerce, from the local government, from different provinces, they come from the chamber of commerce, and the different companies in china. we hope that through this visit, we can strengthen our corp., thus facilitating cooperation, the exchanges between the governments and the companies between the two sides. as the largest economy in the u.s., california boasts the resources and a strong advantage in high tech, bio-science, agriculture, fisheries, and the forestry, and even tourism. and in terms of cooperation with china, california enjoys exceptional economic, cultural, and geographical locations and advantages. it is always is the gateway of the united states to china. as the economic and trade cooperation between china and the united states and california deepens, now we believe that trade and investment keeps growing. china is the third largest export destination for california. many multinationals like hp, intel, cisco, and chevron are doing well in china. they're making money in china. at the same time, as the close relationship is going on, many

to the local chambers of commerce as opposed to u.s., there is a cleaving underway.eil: what does that mean? >> we've been friends and have these conversations we come down to a conclusion that only thing that is good for the country is a vibrant middle class, the multinational corporations did not fully represent that vibrant middle class. neil: is that a fair rap? >> sure, where has job offshoring come from? the multinationals not the sme's. neil: you think this president, what he is doing is the right direction? >> i think the alternative to bainize this economy, which is what governor romney would have us do. neil: what is wrong with that? >> you can't fix that unemployment conundrum. neil: and the government can. >> we have reached a tipping point. no matter who is in charge will not be able to fix the structural breakage in this economy. there is an appropriate partnership, we may give or terms and specifics but no beard with a thoughtful mind could say that private sector alone would lift this economy back to where it belongs, there are certain government acti

local chamber of commerce slammed those folks on facebook saying they are lucky they got away because's big. the florida teenager who had his arm bitten off in an alligator attack back in july says is he getting used to his new prosthetic arm it helps him open water bottles, grab different items and even weld. a couple of months ago the teen fought off a gator while swimming in a river in southwest florida. wildlife officials later found his arm inside that gator intact. but mangled to the degree that they couldn't reattach it. trace gallagher with the news. is he live with us tonight. bionic arm. >> brand new technology. fred langdale is first in the world to get this thing. not exactly the $6 million man. it runs $80,000 which was donated. interesting because the arm uses censors to control movements and each finger has its own motor that allows to you grip in a natural way. can he actually grab an egg. can he hold a styrofoam cup of coffee and at the same time he could crush a beer can. it's tough to get the hang of it but apparently so far so good. listen. >> i'm able to multitask

therethere's the local member of commerce, farm bureau, good standing, chatting it up with the head prosecutor of the county. ladies and gentlemen of america, the drug war is unnecessary, and it's going to be over soon, i promise. hold me to it. meanwhile, candidates looking for a popular way to rally the youth vote, every time i turn on cnn, all the people motivated for the election, this guy had no problem getting elected telling us the drug war is an utter failure and our cannabis law need to be decannibal liesed. that's a obama quote. if you were to go to a podium and said, sorry i've ignored the drug war, but i'll do something about it. not only does he rally the youth vote in colorado, but ohio and florida, his approval rating goes up. americans of all political persuasions are ready to end the drug war. this is various protests, and, oops every time i touch the laser point, sorry. there'sñr a lot of good groups folks can get information from. normal national organization for marijuana is a great one. i'm sure the harbor side website has tons of information as well. the other thing i wan

here's farmer matt cohen, local chamber of commerce now come farm bureau member in good standing.american taxpaying cannabis farmer. ladies and gentlemen, of america, the drug war is unnecessary, and it's going to be over soon. i promise to any candidate looking for a popular way to rally the youthful, every time i turn on cnn it's a young people are motivated for this election for obama as they were in 2004, these guys have no problem getting elected telling us the drug war isn't understood and are cannabis laws need to become less. that's a barack obama quote. hasn't happened in his first term. if you were to get up there tomorrow and say listen, sorry i've ignore the true -- i ignored the drug were, i think, i believe that americans of all political persuasions are ready to end the drug war. this is very focused his it every time i touched later pointer, sorry, there's a lot of good groups that folks can get their information from. norml is a grateful but i'm sure the harborside website has tons of information, as well. and the other thing i wanted to mention is when you call y

there is a breeze last night the local weather forecaster wrote to it would be a chamber of commerce day and i could hear the cicadas coming up from the riverside those states gain target practice and we're surrounded by millions of acres of publicly and that once belonged to ancestors of my neighbors. and suddenly heard oasis builds the ball bad then sit and several different directions. vichy will call off. all lot. i hear that night when she sits on the patio it is quick and sharp everyone's in awhile he responds but he never shouts adds law of the. look at you. you are psycho. they are dealing. we notice the traffic seven cars per day. the customers are men young and old mostly in the work truck some come early some to raise rates job but there's clearly after finishing work and some in the middle of the day. and it just so happens there prominent in the area. one member of the klan owns a nightclub i am told our old connected family. they passed on the advice of local law enforcement after she suspected he stole the lawn mower. >> we cannot do anything but if you want to take ac

supervisors, i'm dee dee workman with the san francisco chamber of commerce and a resident of district nine, pg&e rate payer, representing over 1,500 localers and employees. we are very concerned about the impacts of the clean power sf program on san francisco businesses, residents and the local community. community choice aggregation was originally designed to inject competition and generation of electrical power. the goals were to drive prices down, maintain rate stability, provide over half the power load from renewable sources and find a supplier for a long-term contract. this contract ensures none of those goals. rates for electricity charges will increase. this is a short-term contract that creates no green power, results in net loss of jobs in san francisco. all the liability rests with the taxpayers. while it is well intended and we appreciate the hard work that's gone into this we feel like it is not ready to go.

i try, as much as i can, if i'm looking for a manufacturer, i'll go down to a local chamber of commerce level and find the manufacturer on a list. somebody serving on a chamber of commerce, that means they are willing to talk publicly. if i just start cold calling businesses, i've had success with it, but they get weird about why you are calling and what you're asking about. that's as easy way is find small cities with manufacturers on their chamber of commerce boards, a good way to go about it. if you're trying to find regular people, it's not that difficult for the med care cuts, the dock fix, that's a case where local, almost every state has a medical association. they also have regional ones that are useful for the purpose. they all know people who know people who you can actually get into in this way, and then finding individuals. if you're not working for -- if qowr working for a local outlet, there's different things you can do. i've done my share of mall reporting to find antedotes for stories that have nothing to do with shopping, but if you're working for a national outlet, th

commerce of the inner mongolia, autonomous region. the director of economic and trade office of [unintelligible] province. i would like to mention that locallywe have a city council member from fremont, ms. sue chan and supervisor malia cohen is in the house. thank you for coming. i remember not long ago when vice-president -- the vice- president visited the united states and i traveled to los angeles with our mayor at the time and what an event. and now a few months later, san francisco is probably hosting the seminar with the ministry of commerce. it shows that our golden mountain continues to attract chinese. has never stopped since the 1800's and because san francisco continues to be the city of innovation and full of peril spirit, we will continue to seek an inflow of inbound chinese businessmen and investors. may i invite our mayor, edwin lee, to the podium? [applause] >> thank you. good morning. i want to of course repeat our warm welcome, ladies and gentleman, to the vice minister and his delegation here. to the council general and his wonderful work and to our lieutenant governor, gavin newsom is here. our senior adviser, mr. rossi

the local weather forecast growth that was going to be a chamber of commerce to.ies in the yellow green for spring. i can hear the rhythmic whir of a few cicadas. first of the year coming up from the riverside. that's the reason joe grand. the car sentra up-and-down taking target this across the highway. we are surrounded by millions of acres of land that once belonged to the ancestors of my neighbors. and suddenly, her voice builds encrusting shriek, which usually happens on the final word of the phrase like life, taken the vow and bending at several different directions before her breath rundown, then she coughs. she coughs a lot. as your early in the morning, late at night. you're clearly when she's sitting on the patio smoking a joint. the throat clenching and tissue creating deep inside her chest. everyone's been a while, he responds, but he never shows as loudly as she does. look at you, you're psycho. they are dealing. we have noticed the traffic. perhaps a dozen cars a day trip through. these customers are men, i'll expand on his as mexican-americans can't

the local weather forecaster wrote that he was going to be a chamber of commerce day, flies buzzed lazily the gumbo and green and blue spring. i can hear the rhythmic of a few cicadas the first of the year coming up from the riverside. that's the rio grande. the wish of cars and trucks up and down the highway, the distant adding of locals taking target practice in the blm highway. we are surrounded and millions of acres of public land that once belonged to the ancestors of my neighbors. and suddenly, go to that little punta of yours. the shriek usually happens in the final word of a phrase like life, taking the and bending at several different directions before her breath runs out amid she coughs. she coughs a lot. i hear it early in the morning, late at night. i hear very clearly when she's sitting on the patio smoking a joint. it is big and sharp, tissue creating deep inside her chest. every once in a while he was on, but he never shouts as lovely as she does. look at you, you're seko. they are dealing. we've noticed the traffic. perhaps a dozen cars at a drive-through. these customers

commerce much needed cash that's why while. our goal is common it was uncovered here a few days ago instead of throwing it away the local administration. knew. where that in the nine hundred eighty s. there was a burgeoning mining community the soviet union was determined to maintain its own costs. are located halfway between north america and western europe bergen archipelago is part of norway with a special status that allows other countries to set up industrial bases here in the middle of the cold war it served as the use of sars westernmost outpost now it's one of the last preserved relics. of the soviet union if it was cut off from any financial support for two decades if you're curious interested i think it could be even more appealing for russia. to keep its presence on spitsbergen russian film until a coal mine here but in terms of profit is far behind local souvenir shops. is a big hit defunct are incurred still helps keep the money flowing. it's a russian you know. you can put in. the local administration is increasingly under pressure to bring the in for. up to more than standards if these modernization efforts are not very

local government. in '58, the chairman, chairperson of the chamber of commerce of charlotte introduced a report and proposed bill, proposed a bill calling for the prohibition of collective bargaining race, not only to prohibition, but to make it illegal for all public sector workers to join the union. >> my understanding is that there was even a misdemeanor law on the books in north carolina that it was illegal to be a member of a union which is, obviously, plainly and patently unconstitutional because you had the freedom of association in this country and that was struck down by the supreme court, but kept on the books in north carolina. >> yes. >> now, i want to ask this question. >> yes, absolutely. in fact -- >> go ahead. >> the north carolina public service workers union had to challenge that and they had to get a print change because supervisors would use that statue in the bold headlines that it's illegal to join the union and misdemeanor to save the workers from joining and organizing the union. >> just so people are clear on this, this law struck down was unconstitutional and people were using the

barons work and without commerce watch native cash that's why when business bad they're ruining our goal is common as was uncovered here a few days ago instead of throwing it away the local administration decided to paint a venue and put it at variance work central square that can do nine hundred eighty s. there was a burgeoning mining community the soviet union was determined to maintain its own costs. are located halfway between north america and western europe in an archipelago is part of norway but a special status that allows other countries to set up industrial bases here in the middle of the cold war it's. served as the useless hours westernmost outpost now it's one of the soviet union's last preserved relics. is essentially a picture of what would have happened to the soviet union if it was cut off from any financial support for two decades it's a curious site for western tourists and i think it could be even more appealing for russian travelers to keep its presence on spitsbergen russia still maintaining a coal mine here but in terms of profit is far behind local supernews shops so between mary bell it is a big hit the defunct aren't curtain still helps keep the

then the chamber of commerce of charlotte and the involvement of local business owners in the dnc. ♪ost: well, the democratic national convention kicks off today at 5:00 p.m. eastern time. first lady, michelle obama, and the mayor of san antonio are two of the featured speakers at the time warner cable a real not in an uptown charlotte. 400 alternates and 5900 delegates will be at the convention. 50% of the democratic delegates are women. here is the front page of "of the charlotte observer" this morning. -- first page -- front page of "the charlotte observer" this morning. the convention kicks off in at 5:00 p.m. we will go over the schedule in just a few minutes. "voters in the second term undeserved, country is worse off." a belief that president obama does not deserve election according to a new poll. voters say that the nation is in worse condition now than it was in 2008. they say that obama does not deserve reelection. that is the top line of this poll. that seems to be a constant theme in this morning's papers. are you better off? that is the question this morning for the fir

local, family-owned businesses, is letting loose on some prior restrictions regarding foreign investments. under the new regulation, retailers such as walmart, broadcasters, and airlines will be allowed to open majority-owned businesses in india. india's commercepartment says the move will help with the slowing economy there. the markets are soaring in america. shows you what a little stimulus can do. if only it was as easy to stimulate the economy of the eurozone. but maybe all that bond-buying is doing some good. that was talked about in a 2-day meeting in cyprus that began friday. let's talk with greg hadley. he's president of the bull & bear institute. in regard to what's been going on in europe, are you bullish or bearish? > > you know what, i'm a little bit of both. if you look at it, the ecb, by buying up the short-term notes of basically the pigs, greece- > > that's a key point, though: they're buying the short-term notes. > > it's the short-term notes, which really has been the problem for these countries, is how do they get the short-term financing to continue their governments? they are looking at it, and basically this is a short-term fix on a long-term problem. the structural problems in the eurozone will continue to exist. in fac