he was praised earlier this year after negotiating the sale of alcatel lucent to rival nokia.but the economy minister says he should have seen the transaction through. >> he has led the merger operation between alcatel lucent and nokia,8úxú 09/02/15 09/02/15 [captioning made possible by democracy now!] amy: from pacifica, this is democracy now! ,> today, right here, right now in solitarys confinement after decades in isolation, the thousands will begin to be treated as human beings. we look at this as this is only just the beginning. amy: in a major victory for prisoners' rights, california has agreed to greatly reduce the use of solitary confinement following years of litigation and prisoner hunger strikes.

one is google, the other is tom-tom, the other is nokia.been a bidding war for the nokia mapping selection. this is valuable information. apple try to get into the business but they have had problems with their own division. that is something google and these couple other companies really own. alix: you can catch more of emily and bloomberg west coming up at 4:30 today. still ahead, we are looking at the market that has deteriorated throughout the week, the second worst week for the s&p 500 all year. ♪ alix: u.s. stocks most likely ended lower this week. joins us now from l.a. with his take on the market. as i look at stocks here, what do you make of this kind of week? a test of theof market decline we had. this is a normal corrective process we see. it volatility increases. this is a great opportunity to buy stocks, especially dividend stocks. i see the best deals on blue chip stocks in a long time. why wouldn't you take advantage? buy a marketyou when there is still so much volatility in the currency market? is,he truth of the matter pric

. >> preparations arunderway at the nokia theater. >> let's talk more about sunday's big show on ktvu fox 2 news. we will bring in kevin mccarthy. good morning, thanks for joining us. >> hey there. >> how excited are you to be in la right now? >> reporter: i'm geeing tout be on the show with you. i'm geeing out in los angeles. i was over at the microsoft theater yesterday, formerly the nokia theater to actually see the seating chart. i was like, i was geeing out. i saw game of thrones, better call saul. seeing all the charts. i spoke to andy samberg. when you host a show, you have to play to a room and not the actual audience at home. i thought that was a fascinating concept to look at. >> you know kevin, we are seeing andy samberg who grew up where we are. we are seeing him on brooklyn 99. talk about how big a deal this is to be a host for the emmys for andy himself? this is a huge honor i bet. >> reporter: oh it is absolutely massive. think about it this way. we are in a golden age of television. everything is happening on tv better than it has ever been. so, to be part of a show li

after he left his position, this in the days before finalizing a $16 billion takeover by no kia -- by nokia. because medics company avon is seeking a financial makeover. "the wall street journal" reports the more than century old firm is in negotiations with a private equity firm unable to find a buyer for the entire company. avon shares have lost more than 50% of their value this year as it struggles to compete with other brands. birthday forndmark gamers around the world as the super mario brothers turn 30 years old. the iconic nintendo characters hit stores for the first time on september 13, 1985. they became so popular, many say they helped revamp the struggling videogame industry and turned it into the pop-culture force we know today. mario and luigi remain arguably the most recognizable characters in the world of gaming. over three decades, super mario brothers has sold over 40 million units. nintendo is launching a new installment in that syria's -- in that series. they will have a little more control over the game that they are playing. phil graphics, the original ones -- i am part

but at cricket wireless, it till you see it... you can get smartphones like the lg risio or the nokiaia 635, for as low as $19.99 when you bring your number. cricket wireless. something to smile about. (cheers and applause) ♪ >> larry: welcome back. donald trump is in hot water with women again. and not in the fun, rodney-dangerfield-in-the-'80s way. in the bad way. last month, trump said fox's megyn kelly had "blood coming out of her wherever" following some tough questions in the first presidential debate. trump later said he misspoke. but many chalked it up to a period comment and trump's child-like understanding of the female anatomy. (laughter) >> larry: love that. very nice! i love the long arrow to the other hoo-hoo. that's great. (laughter) now, in a "rolling stone" interview, trump said this -- >> this morning, trump collaring his remarks in a new "rolling stone" magazine cover story about his g.o.p. presidential rival carly fiorina. trump is quoted as saying, "look at that face. would anyone vote for that? can you imagine that, the face of our next president?" >> larry: okay

alan: nokia actually. the carry trade has not existed for a while. currency markets have been quite unstable. is ae china case, there specific china carry trade and that is unraveling as we talk. china's foreign exchange are being used as an outlet to allow this carry trade to unwind. olivia: what are the consequences of the you win -- the yuan devaluation? yeah, i think it is inherently destabilizing. the big problem the markets have is you have a number of markets where we do not know the fair price, we do not know the fair price for chinese equities, we do not know the fair price for currency's. if the chinese let the currency go, is it 6.6 against the dollar, 6.8%,? i think the market believes it above 7%.ell we could have a large adjustment at some point. alix: how does this plan to and in garment where we are looking risinge a dollar that is customer can you connect the dots for us? the dollar is one sign of tightening financial conditions and one of the reasons why the fed is very comfortable with the idea that if they are going to go, they're

nokia can is to the downside after three-day holiday, getting hit by auto stocks, mitsubishi and mazdarything with volkswagen. shanghai composite index and kospi index squeezing out gains. lauren: the rest of europe is to the downside. dax in germ think down about 80. nicole: we're waiting on key economic numbers we're watching for durable goods and tomorrow gdp. right now dow futures down 36, s&p down four 1/2, nasdaq down 12. lauren: let's show you oil and gold. some commodity action this morning. oil is at 44.9. gold at $1134 a troy ounce. nicole: watching currencies where norway cut its rates and currencies is one of the reason. euro, u.k. pound, japanese yen to the upside against the green back. lauren: the yield on 10-year treasury still at 2.15%, sitting there all morning. nicole: we have big news, lauren. pope francis set to address a joint meeting of congress this morning becoming the very first pope to do so. he is expected to speak about immigration. he is expected to speak about climate change. while visiting the white house yesterday the pontiff also talked about the issue

a net loss by the way in the latest quarter as it wrote down the value of its nokia phone business. shares rising 2% on tuesday and another .5% in after hours. >> hp will split in two separate companies in november. that division will end up being much smaller than previously thought. let's get to landon at cnbc hq. >> it expects to cut 30,000 jobs in it's enterprise business or 10% of the work force as the company adjusts to falling demand. the latest cuts on top of 55,000 lay offs previously announced will come from the faster growing corporate hardware and services operations which will be known as hpe in november. the cuts will be global but didn't elaborate. the cuts and other measures that aim to save $2.7 billion a year will result in a charge beginning in the 4th quarter. hp says it's moving more workers to lower cost locations in an effect to reduce costs. more than 30% are in such locations and the kpacompany pl to increase that. the most recent quarter sales fell 11%. the company stock is down more than 30% this year. hp is also releasing financial projections for hq inc.

reporting a net loss in the latest quarter as it broke down the value of its nokia phone business that they just bought for close to $7 billion. shares rose from 2% on tuesday on the back of that announcement. another .5% in after hours. they're trying to protect their reputations right now aren't they? >> indeed, they probably are and let's stick on that topic because a new survey by the reputation institute says bmw is the most reputable company in europe. it's one of four companies that recognizes having an excellent image along with lego, sony, and samsung. joining us is the director of the reputation institute. thank you for joining us. >> you're welcome. >> good morning to you. how did you come up with these rankings? is it survey based or hard data? >> it's the largest public perception data scrape of corporate reputation perceptions across europe. so it's 15,000 cases but the beauty of the model which is academically grounded is that we subsequently cross reference. we have been doing this about 20 years with what's going on in the data base previously. you can see how reputati

once she got the nokia phone, she took off. >> i never feel safe enough to completely let my guard down. but safe enough where i think i can live here and make a life here. >> reporter: nakia thomas is an ivy league educated lawyer who recently bought an apartment in the neighborhood. despite the recent robberies and a slew of crime in the past she says the area feels like it's getting safer. >> i think the neighborhood is fine, you know. it's very colorful. it's very creative folks here. all really good people. generous people. >> reporter: teen a is from finland and she, too, is surprised there is a robbery pattern. >> i lived here about ten years now and generally i feel it's safe neighborhood. >> reporter: but she acknowledges there will always be crime regardless of where she lives in the city. for now she says she will be on the lookout for this woman. reporting in the concourse section of the bronx, matt kozar, cbs2 news. >>> new information. the kentucky clerk jailed for refusing to issue gay marriage licenses has filed a motion in federal court in hopes of being freed. kim davi

greg: here is our plan how we evaluate movies, we watch the trailer to the other, we watch the nokia's kiss list, hit it. the things we're city kids, never had big backyards but we will always have each other. some friendships are so important you do anything to make last. >> eli and i create the no kiss list. against the breakup, friendship where we never fight with a guy. gabriels the belongs. >> do you know how much? >> eli is they. that is never going to change. >> not too bad. intriguing. >> the only constant thing in life is changed. greg: how did you deal with working together? >> it was terrible. >> this is weird enough to be sitting on the same couch. >> no kiss on the set but what happened with the no kiss west? >> we didn't know each other before we started filming the movie. >> we never met. greg: it works on screen. where are you from originally? >> paul rosanna: fla.. greg: how did this happen for you? >> when i was 11 i went to california to pursue my dream of acting and singing. rosanna: what about you? >> i was born and raised on a farm in washington state. >> good ame

that was a time when nokia was leaving. lack very doing an awful lot better than presently.was a time where people expected a stylus to be the way people interacted with a touchscreen. after five years of i've hads -- of ipads, that is not the way apple needs to continue not having a tylus - -- stylus. francine: it is easier to use. they also brought microsoft on stage. is this, the share price was down. investors were expecting more. but it is still a turning point for the company. >> so microsoft's joining on the stage was an interesting move. we have seen this in the past before when apple was going back 20 years ago with less financially stable than it is these days. turningks part of a point for microsoft as much for apple, which is that microsoft, his microsoft is more open. it is impressing other platforms. microsoft has been on the ipad for a while now. if microsoft wants office to succeed in the corporate world, it knows it needs to be on as many platforms as possible. pro being aimed at business users. it is symbiotic. i hate to use that term in corporate conversat

nokia that was so bad, this is a 24 year-old who's thinking about stopping his chemotherapy for lymphoma and enrolling in hospice because he couldn't stand. he had been through four or five different types of anti-nazi medications when his doctor finally recommended that he tried medical marijuana. he said sure, he would give it a try. i tell you that story because his level, threshold for evidence is probably going to be different and a little lower than that of an administrator at the fda only hard-core researcher. i'm guessing one of those two is right, the administrator at fda, his or her job is to protect the public so the job is going to be to ask for the highest possible level of evidence. if you're that kid trying to struggle through chemotherapy, or if you're a hairdresser naked cdc oil for your kid with intractable seizures, or a guy who is suffering through ptsd like somebody i met when it's researching "stoned," been through a dozen different medications, a couple suicide attempts, needed some form of relief, your level of evidence, the threshold for what constitutes enough e

scarlet: ray nokia capital was saying that he does believe the fed will raise rates come september 17 they may not is because of increased volatility. erik: i think you would have to argue that it does not matter whether stock markets are anymore volatile between today and the 17th. volatility is already happening, so it would clearly be hard for the fed to raise interest rates on a day when the dow jones plunges 500 points, but that's assume that does not happen. the fed has probably already made the decision that on the in august,at he saw that is the financial instability they have to factor in. oliver: a few other signs as well. janet yellen said -- schedule this meeting after the september meeting and there is speculation has alreadyr -- she planned that, so maybe she has a decision in mind. it interesting that we looked at was performed by bank of america equity analysts and they looked at periods in which they are , includingriods 2013, and they looked at the stock market environment and they looked to see what volatility environment was at the time. in all instances, including

. >> own nokia. >> alcatel lucent, late '90s.s. >> the end was bad how horrible carly fiorina is. notice horrible. i put that out there. honestly i remember when she was at hewlett-packard and a lot of people thought she was doing a good job at the time. that's okay. it seems to be a pinata approach. >> she was at lucent as well which went from great to not so great. >> a titan. >> poor execution. >> poor decision-making long term. even largest of companies can fall. >> there's some research moving around today. credit suisse up citi. stearns up j.c. penney. >> j.c. penney is a good example of what i like. people don't want to hear, when you have a j.c. penney that's look. but cummings is bad. listen we're in a bifurcated world. j.c. penney that new ceo is doing a lot of good. but, macy's seems to be hurt by the return of j.c. penney. don't forget macy -- i'm an amazon prime personer and i was trying to buy shoes macy's versus amazon. you always end up thinking amazon it will thereabout next day. macy's has a great omni channel.

we have pay pal's first venture investor and a former executive at nokia. have you with us. >> thanks for having me. >> as we head into this event, i wo wonder if you are struck by the tone and this idea that somehow apple has exhausted their supply of ideas and there's nothing to do to wow us? >> i think it's kind of where they are in their cycle of product. they typically have a two-year cycle for product releases, and you have to look at where smart phones are in their overall saturation worldwide. >> what is their best move other than investing in other categories which they're clearly doing? >> today is going to be -- we're just on schedule for incremental changes to the phone. we're going to get a better processer and better camera. a different kind of skin. things that don't really get you jumps out of your seat to buy a new phone unless you're ready for one. today, classic apple and apple t tv. apple tv will be the big news of the day. >> that's what we're all curious about, although, even there, we're going into it with this idea that it's -- i don

they are getting bought by another company nokia.ill survive, but sort of barely. >> we heard the night before donald trump winning out. even to this day positions being cut at hewlett-packard where she went on to o be the ceo and she apparently could run the job with just one computer and didn't need all these people. is that a fair assessment of her reputation? >> a lot of people in the world of finance, the knock on carly at hp is she rose to the ranks so rapidly, cover of magazines as the most powerful woman, it got to her head in that she became the epitome of a a celebrity ceo because that's what trump was. she was the celebrity ceo that might be interested in self-promotion, so i can understand, my heart goes out to those workers who aren't happy with the claims she's making about her business record. >> let me end this with the man you do support. you said this was trip number two to see donald trump in person speaking. he has resinated tremendously with so many people. i know you said he walks the talk, he's the successful b

nokia was added. valuation, synergy and capital return are attractive.qual weight at morgan stanley. marvell is owned by -- have to be marvell. cites an investigation into accounting issues that was announced on friday. so no tv. you could watch tv but you're -- >> i was at dinner. big family dinner. >> what if there was a tv at the side, like in the corner. >> one of my cousins was running off to check the scores here and there but -- coming up -- >> is that kosher >> that's probably not kosher but we won in other sports. coming up the countdown to thursday's fed decision is on former treasure secretary under secretary john taylor say they should raise rates. the key question is will they. tune in to "squawk" to find out the answer. we'll be back in a moment. can a business have a mind? a subconscious. a knack for predicting the future. reflexes faster than the speed of thought. can a business have a spirit? can a business have a soul? can a business be...alive? fed ache. >> i got a headache this big. >> what investors can expect and where you should be

competition from the japanese companies making hand sets at the time for motorola, a primary business, and nokiaing -- they tried to put the two companies together and see if they could be a competitive force in the market, but i think, in many ways, it was far too late, but the -- the attempt that they made to save those two businesses can't be attributed to carly. >> there's a sense of inevidence blt. >> why are we obsessed with this topic? i don't know her, i don't support the candidacy, i don't know. it's a weird obsession with her, with her job, why not acknowledge that she made it to ceo? hp is 300,000 employees. the fact that anybody, man or woman, whatever their race, creed, color, age, whatever, makes it to that level -- >> right. >> and i'm not defending carly, but anybody who makes it to that level, does speak somewhat to their ability to not only succeed, but manage people. >> yep. >> it is hard as hell to get to that the top in that pyramid in any organization. >> thank you for saying that. bottom line is she would never have been offered that job had at hp or recruited and pursued

fossil did the fashion part of the watch and we have the nokia technology.h. it's not like you have this big computer on your wrist. you can check your text messages, see who's calling you, listen to your music. >> it's really cool. normally this would sell for -- >> $349. >> and today for "fox & friends" viewers? >> $59 to $69. >> how can they do that? >> look at all the great colors. and they're stainless steel. >> if you need something for your skin. >> you know we all need tightening under the eyes. precious skin care. this stuff is no joke. typically goes for as much as $579. you know why? there's diamonds in it. precious skin care everything from black pearl collection to sapphire to 24 karat gold to the diamonds. >> diamonds. >> and it really does. there's a certificate of authenticity. age defying ingredients apparently. >> today? >> today only $19 up to $49. come on. $579 to $49? >> this next one, these are wireless bluetooth ear buds. >> let me show you something. they will not fall off because they're magnetic. yes? >> look at that. >> when you're

i remember when nuclear had three quarters of the -- when nokia had three quarters of the market of phoneswas knocked off. francine: you talk a lot about disruption in your book, that it comes from technology and information manufacturing. how much is china disrupting the world? how much should we look at china to push back against this disruption? take a country that is about 3% of gdp in the 1980's, coming up to a quarter of global gdp. that is a change of the sort we have not seen in the past. but secondly, we have a whole bunch of companies in china that have gone from nothing to being global players in themselves, going to disrupt those markets at home but markets abroad. alibaba being a classic example. disrupt the world. but even if the overall chinese economy slows down and china goes into some sort of retreat, it has nevertheless created a legion of global companies that will continue to be major disruptions. vonnie: are we in danger of another iceland? toocompanies depending on much of a particular industry? too dependent is on tech. do well, the rest are sluggish. iceland is a h