the investment firm founded by paul allen, microsoft's cofound ir.s next ceo should consider spinning off the company's consumer businesses but is this best move for microsoft? liz: activist investors, right? joining us the ubs managing director and senior analyst, and todd lowenstein, high mark capital management editor and value equity portfolio manager. high mark capital owns 3.3 million shares. okay, gent, right off the -- brent, right off the bat, are they on to something, are they correct at vulcan to spin off the consumer business at mr. softy? >> i have a lot of respect for vulcan. i don't think spinning off the entire consumer business, i think that is very difficult to do. i think could you spin off elements which would be xbox. separating the consumer and enterprise software business is very difficult thing to do. when you looks at the prosumer side of market. my kids are growing up with technology and they will bring that into the work place. so i think the last thing microsoft wants is for apple to get a foothold into the enterprise beca

paul allen, net worth north of $15 billion and yet the public paid for the stadium and paul allen keepslmost all the revenues generated by it. he pays a token rent of about $1 million per year. that is the kind of thing that made arlen specter met. >> who built the dallas stadium? -- ie new dallas stadium have been there for the super bowl and nba all-star game. it is a wonderful facility. it is very futuristic looking. there are clubs at all levels, go-go dancers at all levels. jerry jones paid most of the cost. on the other hand, his facility operates tax-free. he doesn't pay any property taxes. >> why not? >> he got a special deal from the texas state legislature. if c-span build a building there, you would have to pay property taxes. jerry jones doesn't pay any property taxes. based on other comparable businesses in the same county, he should be paying $6 million to $8 million a year in property taxes. >> here is a clip from 1996 with senator john mccain talking about another aspect of taxpayer money. million dollars to repair the anaheim stadium scoreboard. i'm sure that the good p

started to see now is you've seen bill gates, president obama, jeffrey sacks, richard branson, paul allen, nathan, the world's leading climate scientists all saying we need nuclear energy. we can't bet the planet on solar which employs .1% and on wind which is totally dependent on federal subsidies. this is a very dangerous bet. >> this is ridiculous what he's saying. warren buffett says nuclear power is uneconomical. >> when they built fukushima and chernobyl, when they built three mile, they said it was a 1 in 10,000 odds that there would be a meltdown. now we've had three meltdowns in 35 years in three countries. would you take those odds to las vegas today? 1 in 10,000? >> first of all, i was 8 years old when three-mile accident happened so i don't feel like should be responsible for what happened when i was a baby. the good thing is it is studied really carefully by the international agency, the world health organization, articles in lancet. so ralph can speculate all you want. the science is clear about the safety of nuclear. you've had three serious accidents. coal, when you don't

paul allen, net worth north of $15 billion. and yet the public paid for the stadium and paul allen keeps almost all of the revenues. he pays about $1 million a year. that's the kind of thing that made arlen specter mad? makings me mad too. >> who built the dallas stadium? >> i've been there for the super bowl and the nba all-star game. very futuristic. there's clubs a it all levels, go-go dancers. jerry jones paid most of the cost. but on the other hand, his facility operates tax free. he doesn't pay any property taxes. >> why not? >> he got a special deal from the texas state legislature. if you were any kind of business, if c-span built a building there, you would have to pay property taxes. jerry jones doesn't pay any. based on my book i researched, other comparable businesses in the same county, he should be paying $6 million to $8 million a year in property taxes. he doesn't pay anything. >> senator john mccain is talking about another aspect of taxpayer money. >> spent $5,6 87,002 to repair the anaheim stadium score board

have started to see now is you've seen bill gates, president obama, jeffrey sax, richard branson, paul allenthan morville, leading climate scientists saying we need nuclear energy because we can't bet the planet on solar which provides 1/10th of one% and on wind totally dependent on federal subsidies. that is a very dangerous bet. >> let's talk about dangerous. >> this is ridiculous what he's saying. warren buffett by the way says nuclear power is uneconomical. okay. go ahead. >> so when they built fukushima, and chernobyl, when they built three mile, they said it was a one in 10,000 odds that there would be a meltdown. and now we've had three meltdowns in 35 years in three countries. would you take those odds to las vegas today? one in 10,000? >> well, so first of all, i was eight years old when three mile island happened. i don't really feel like i should be responsible for whatever claims people were making when i was a baby. there's accidents in every energy industry. it's studied really carefully by the international energy aso, world health organization, articles in lancet. ralph can s

it all started in 1975 when bill gates and his friend paul allen formed a partnership.choumacher: the software and operating systems created by two young men in a garage and the company they founded played a major role in the information revolution. microsoft realized early on that the internet had become a major inducement for consumers to buy personal computers. access to the internet was controlled by a browser, first successfly developed by the netscape corporation in 1994. this posed a threat to microsoft, in that a browser had the potential to replace its operating system. microsoft decided to develop its own browser, internet explorer, and incorporate it into the windows operating system. man: microsoft was pursuing a strategy that was intended to drive netscape out of business by co-opting the browser business -- and pulling it into the operating system so that an independent browser could not possibly remain on sale. and that's in fact what happened. schoumacher: may 18, 1998, the justice department brought microsoft to court. those facts show a monopolist enga

some form of ownership at a list of fifty billionaires includes people like microsoft co-founder paul allen and investment titan. charles schwab it s. true it half the owner of chick fil a to have a collective net worth of three hundred sixteen billion dollars if that doesn't sound bad enough consider this those billionaires probably received more handouts but we're really never get to know how much they got because the government keeps the names of some farm subsidy recipients secret we do know that michele bachmann is among them welfare for the wealthy is nothing new but these giveaways are rages in the context of a special stimulus funding measure expired last friday's snap food stamp program was cut by almost five billion dollars was translates into a loss of roughly twenty meals a month for a family of four food stamp recipients now have to survive on less than a dollar forty a meal good luck with that awful and if that wasn't bad enough republicans want more cuts and they want them now republicans want to cut down credits want to cut four billion dollars which is pretty bad the republ

ownership of this list of fifty billionaires who receive subsidies include microsoft co-founder paul allen investment charles schwab to attack the owner of chick fil a these guys have a collective that worth three hundred sixteen billion dollars and they receiving taxpayer money farm subsidies now i don't want to blame republicans this is a partisan bipartisan issue democrats and republicans seem to be completely ok with the corporate welfare spigot flowing i have a problem though with when conservatives say we need austerity we need to go after these these welfare queens which don't really exist meanwhile these billionaires are actually welfare queens and they're completely silent where's the heritage study on this where's where's the fog. news investigation on this so why the silence chris ok let's take a look at the draft of the first farm bill that came out of the house of representatives it cut thirty six percent from foreign policy over the last bill biggest percentage decrease in the history of foreign policy united states of america and i think that bill also it was that that he fa

ownership of this list of fifty billionaires who receive subsidies include microsoft co-founder paul allen investment and charles schwab the owner of chick fil a these guys have a collective that worth three hundred sixteen billion dollars and they're receiving taxpayer money farm subsidies now i don't want to blame republicans this is a partisan bipartisan issue democrats and republicans seem to be completely ok with the corporate welfare spigot flowing i have a problem though with when conservatives say we need austerity we need to go after these these welfare queens which don't really exist meanwhile these billionaires are actually welfare queens and they're completely silent where's the heritage study on this where's where's the fox news investigation on this so why the silence chris ok let's take a look at the draft of the first farm bill that came out of the house of representatives it cut thirty six percent from foreign policy over the last bill biggest percentage decrease in the history of foreign policy united states of america and that bill was that city falls you know it's cutti

. >>> microsoft co-founder paul allen's fund is suggesting microsoft spin off its consumer business. this is big news. the man who manages allen's fortune is now suggesting that microsoft search and xbox business res deextracting from the software business which drives earnings. so i mean, paul allen and bill gates, i don't think they're -- they've been spending@of time together these days, anyway, joe. >> no. and the roys. these guys found or fund companies, whatever it is, they don't -- i don't know, over the years, things happen. i think we'll always be together. >> we'll always be together. >> i saw a picture of gates on the ft today. interesting. which is more important, connectivity or a malaria vaccine? if you think connectivity is the key thing, that's great. i don't. it is interesting, i think. you went for halloween last night, andrew. did you pick one building and just -- did you finish it? >> yes, we did. >> did you just pick one? >> we picked one building. we went up and down and up and down. >> i was kidding. i was kidding. honestly, you picked one building? >> yes. bec

barts, russian billionaire is a fix there as well as paul allen.et a little more serious, cross the atlantic and go up to davos, switzerland, for the world economic forum will bill gates, george soros and others gather to plot the future of the world and lots of google-sponsored cocktail parties. in may it's south down to the mediterranean for fun, sun and hobb-knobbing with celebrities, brad and angelina, leonardo for the cannes film festival. lots of yachts there. ron perlman, i'm told, hosts the best yacht party. in september it's back to the u.s., back to business in new york with the clinton global initiative, philanthropy conference where they gather, figure out how to save the world. as one billionaire told me, it's like a community. you see the same people. it's just the back drop that changes throughout the world. >> pretty nice backdrop, indeed. come sit down, robert frank, because we -- >> that robert story made me feel so fly like a g-6. that's all i got to say. >> you've already upgraded from the g-5. >> apparently i can't find a g-6 i

this is by paul allen. people like hard goods. they think there's a value in hard goods. that's why home depot is up where it is. >> this will be an interesting story. they train their workers extraordinarily well, pay their workers extraordinarily well by industry standards. >> and we got to remember whenever we have these situations, it's reminiscent because you did the great special on costco, they pay them high and train the costs so low. this is the old goldman thing. we used to do this thing called retention, where we realized if no one ever leaves, it saves you a fortune in training. bucknell taught me that. if you have these workers and they do not turn over, you save a for tune tune in training ande like shopping there. >> the nations second largest oil company was hurt by refining margins and there's a report that tesla is outselling bmw, mercedes and lexus in some of america's wealthiest communities. the model s is the most registered car in eight of the nation's 25 most expensive zip codes. >> that's incredible, isn't it? >> and this morning they come out and

: as the town of pennsville, new jersey, continues to ask what allegedly drove paul ciancia to violence, police chief allenmings had no new answers tonight except what his family is going through. >> you know, they're confuse. they don't know how it happened. they don't know what caused it. >> reporter: all day, his family's neighbors were asking lots of questions. >> it's hard to believe, i guess, you know, coming from a small town like this that somebody could do something like that. >> reporter: trainer johnny crawford works at the local gym. >> nobody knew who he was. he was kind of like this mystery kid from this town. >> reporter: paul ciancia's alleged actions friday are baffling to those who did know him. a graduate of a roman catholic high school in delaware with no criminal history, the 23-year-old moved to los angeles a year and a half ago shortly after his mother died of a long-term illness. josh pagan grew up across the street from ciancia and went to school with his brother. >> when i, you know, had any interaction with him he was a friendly guy and there had to be something horrific to go on

. >>> in the nba, tony allen has been suspend for kicking los angeles clipper point guard chris paul in the face. alan who was hit with a flagrant two foul and immediate rejection apologized after the incident and issued a public apology via twitter. >> relinquish nash will be back in the lineup. nash passed his final test today prior to the game tonight against the boston bruins. we have more sports coming up in a bit. >> today marks 105 year 150 yeae abraham lincoln spoke of a nation in liberty. and it was read by very familiar voices. >> welcome back to al jazeera. financial giant jp morgan chase agreed to pay the biggest settle ever of wrongdoing by any u.s. corporation $13 billion. >>> a new report out today suggests that secretary kathleen sebelius now about the roll out and she remarked that the launch would go on without a hitch. >>> talks to end the long stand off over iran's nuclear program continues in geneva. the meeting comes as some lawmakers have been pushing for tougher sanctions again iran. 150 years ago today president abraham lincoln went to a battlefield in pennsy

chris paul was kicked in the face by allen.a flagrant two and rejected from the game. he tweeted after the game apologies to cp 3 for the accidental kick. check down the thunder fan knocking down the half-court shot to win $20,000! if this looks familiar because it is. cameron rodriguez is the third oklahoma city fan to win big money this year with a shot from midcourt. two fans did it at the end of last season and cameron brought home the big money last night. look! you never get tired of these celebration. i love it! >> is it easy at half-court in oklahoma city? >> maybe it's something in the air there in oklahoma city. >> maybe they are just good, right? >> it has to be something else. >> andy, thank you so much. >>> coming up, new video inside the storm as dozens ripped apart homes and communities and lives. indra petersons is live as victims continue to pick up the piece. [ male announcer ] need help keeping your digestive balance in sync? try align. it's the number one ge recommended probiotic that helps maintain digestiv

chief meteorologist paul deanno tracking where and when the first drops are going to fall. >> allen, i think some folks sold their umbrellas on ebay, it's been that long. kpix 5 hi-def doppler dry now. but things are changing. we'll show you what's brewing up to the north and not only is there rain just a few hours to the north, this time it's heading in our direction. it's not going to be a near miss. we'll get a hit and everybody from ukaih south to gilroy is going to get wet starting tonight. because the track is heading right into northern california. that's the path of least resistance. that's where storm also follow. the rain is building to the north. how much rain will we get? not enough for flooding so low to moderate impact there. wind will not be an issue. the timing for travel your morning commute tomorrow will be a soggy and slow one because of that rain moving in. we'll talk about how much rain we'll get in the bay area and when it moves out coming up. >>> tonight thousands of people are trying to salvage what's left of their homes after dozens of deadly tornadoes ripped

it's rand paul seems obsessed with chris christie and chris christie doesn't pay any attention, does he? mike allenks like someone tugging -- a little kid tugging at chris christie's pants. got that far. >> yeah. >> doesn't really -- the two of them going at each other. >> and chris christie has brushed him off like in the past when he proposed they make up, chris christie brushes it off and christie, obviously trying to make a food joke, governor christie in the past has also pushed that off when he was asked one time about twinkie manufacturer leaving new jersey he's like you guys aren't going to catch me on camera talking about twinkies. >> speaking of twinkie, donald trump and twinkie summit. talk to me. >> so this is another one of our 2016ers, senator ted cruz was in new york to raise money today and he is just happening to make a stop by trump tower and trump obviously was very involved with the romney campaign. you can see how helpful he was there. >> as long as we don't have to endure more stories how donald trump is really running for president this time. >> those are coming. >> they are.

allen talked to one person who went through it, and found a meaning in life. on plenty of afternoons, you'll find paul gross pounding the trails on his mountain bike. it's one of his passions and one that he can indulge in. he retired at 20 years old, with more money than he expected. >> the dream come true, growing up, everybody wanted to make it. it was the american dream, and iit was happening. it was fun. >> he spent money on golf and cars and travel. and it made him uneasy. >> i started to learn spanish, and tried to play a musical instrument and i was just drawn to things with computers and making changes with people. and i wasn't feeling rewarded >> so he came here to teatle based social partners, looking for the best way to make his life and all of that money more relevant. >> significance, what do you want on your tombstone. >> uct jones works with non-profits in need. sdp hases in 34 cities, and it has given out money to 36 different organizations. it was a good fit for gross. >> if we pool our money, our human capital and our time, we can do a whole lot in social issues, much more than we c

. >> reporter: in the small town of pennsville, new jersey, paul anthony ciancia's family got a disturbs text. it was troubling that allen cumming was called to the house. he said the text they received suggested the 23-year-old might kill himself. >> our procedure is someone is concerned about a family member, we call that local police department and do a well-being check and that's basically what we did. it came back he wasn't home. >> l. a. p. d. officers won't his home and talked to his roommates. they said the 23-year-old just left but seemed to be fine. >> he was a nice guy, a little loner, introverted, but nothing that i would ever, of expect him to do something like this. >> about the same time chaos was erupting at lax. at the had no idea that a gunman, later identified as ciancia, was shooting up terminal 3 at lax. the fbi has since joined pennsville police at the ciancia home in new jersey. >> chief, new this family well. what kind of people is this family? >> good people. >> he's a graduate of a delaware high school. former classmates said he kept to himself and may have been bullied. abc7 news. >> the shooti

>> reporter: in the small town of pennsville, new jersey, paul anthony ciancia's family got a disturbing text. it was troubling enough that allen cumming was called to the house. he said the text they received suggested the 23-year-old might kill himself. >> our procedure is if someone is concerned about a family member, we call that local police department and do a well-being check and that's basically what we did. it came back he wasn't home. >> l.a.p.d. officers went to his apartment and talked to his roommates. they said the 23-year-old just left, but seemed to be fine. >> he was a nice guy, a little loner, introverted, but nothing that i would ever, ever expect him to do something like this. >> about the same time chaos was erupting at lax. at the had no idea that a gunman, later identified as ciancia, was shooting up terminal 3 at lax. the fbi has since joined pennsville police at the ciancia home in new jersey. >> reporter: chief, you know this family well, you grew up with their family. what kind of people are they? >> good people. >> he's a graduate of a delaware high school. former classmates said he kept to himself a

he brought in people like admiral allen and general honoree and don paul to help make things better inisiana and new orleans in particular. and president obama should learn from that. >> you would think. andy card, thank you very much. >> thank you, steve. >> e-mail us right now. do you think it's time for fresh blood in the obama white house? e-mail us or facebook us or twitter us. meanwhile, girl power, new numbers about how many women are in the work force. we're going back stage with the hottest act in country music right now, florida georgia line. good morning, guys. ♪ ♪ i'm overhe hill. my body doesn't work the way it used . past my prime? i'm a victim of a slowin? i don't think so. great grains protein blend. protein from natural ingredients like seeds and nuts. it helps support a healthy metabolism. great grains protein blend. hey, i notice your car yeah. it's in the shop. it's going to cost me an arm and a leg. you shoulda taken it to midas. they tell you what stuff needs fixing, and what stuff can wait. high-five! arg! brakes, tires, oil, everything. (whistling) millions have

allen, they are expecting another peak day on sunday as soon as this holiday season is over. no surprise there. but. >> no. >> be ready for it. >> all right. thanks, mark. >>> chief meteorologist paul deanno in the weather center. paul, you have some good news back east. the worst is over there? >> it's been a drenching rainfall lots of snowfall away from the atlantic ocean. but things are beginning to wind down. i know most folks have gotten from point a to point b but the rain is racing up the eastern seaboard. the actual low is off the carolina coastline. we see snow for rochester, new york down to atlanta. but the heaviest rain is done and this is our futurecast showing you the entire lower 48. we still will see some significant rainfall for upstate new york, vermont, new hampshire and maine but the big cities, including new york city, philadelphia and boston, the worst of the rainfall has moved out. look at the west coast nary a drop of rain between now and friday evening when you'll be shopping instead of eating. if you want to check the latest travel delays maybe check traffic around here, you can do that by heading to our website at kpix.com. that is your forecast. we'll ha

an interesting guy, ron paul also i disagree with him strenuously on his foreign policy. allen west is an interesting night. his image matters. allen west is somebody that cuts an interesting figure for the republican party. there's other folks. mike pence of indiana. he's kind of laid low so far but i'm hoping he will throw his hat in the ring. one thing is certain for the republican party. in order for the republican party to win again the need to overcome a couple things. one is a tremendous technological disadvantage they demonstrated in 2012. second, we have to nominate someone that is willing to draw a stark contrast between the conservative movement and the liberal movement. we are not going to win. republicans are not going to win claiming they can run the government better. the government ring no one can wield this thing. the government has to be taken down. it has to be shortened. it has to be curved. it has to be controlled. and the idea that the government is just a tool that can be wielded by anybody lee and that republicans are better at managing things, maybe we

paul pierce with a jumper. tying for team high score with joe johnson. pierce 6 asifts. ray allen four off the bemp. miami - make a run and lebron for 3, taking the deficit to one. the nets with free throes from joe johnson hold tonne win 101 to 100. the heat lost two straight for the first time since last january. >> we have to play unselfish. we have to limit the turn omps, that'su that'sure -- limit the turn overs. we need to get over the mental age. >> the timber walls hosting kevin durant. ricky rubio running the offence, rubio 10 insists with 14 points and five steals. the timberwolves led by 15, kevin love stellar, with a double double. there's love from beyond the arc bang. this was a blow-out. minnesota held durant to 13 points. turn toing the nhl. colarado avalanche goalie semon varlamov was back on the ice two days after he was arrested on third degree assault charges after kicking his girlfriend in the chest, dragging him by the hair. after posting $5,000, he was given permission to travel with the team to dallas. semon varlamov has a restraining order to prevents him seeing his girl. th

paul, yes he has experience. articulate his points as well as hillary does. i believe they are equally matched. host: greg in colorado, what do you think? caller: greta, my choice would be colonel allen west. he is a conservative thinker. he has the ability to convey conservative thoughts to the american people in such a way that is not going to be demeaning and will bring people together. he can absolutely hold his own in any debate. -- colonel allen west. we have a few minutes to get your thoughts on who is leading the party, who are the contenders? "the huffington post" has this picture and headline on their , it says -- that is what the president was up to. he was at fundraisers in florida on friday night. he returned to washington yesterday afternoon. take a look at some headlines after last week's election results. says -- front page of "washington post close quote has this headline -- " has thisgton post headline -- and then there was this -- also, the front page of "the new york times close quote on thursday -- of "the new york times close quote on thursday -- of "the new york times" on thursday -- and usa today, front page -- we are talking to republicans republicans -- only

paul ii. he has, over the past 50 or so years had an extraordinary impact in america and across the world. >> let's go to politico. willie as that. >> the chief white house correspondent at politico, mike allenas a look at the playbook. good morning. >> good morning, willie. happy friday. >> there it is. the weekend begins with that. interesting doings in the state of georgia. the grandson of jimmy carter is running in that state. handicapped the race and introduce us to jason carter. >> fascinating georgia race, not only jason carter, grandson of the president running, but the daughter of former senator sam nunn is running for senate. a couple family races going on down there. the jason carter announcement was a surprise. he's a state senator. top issues are going to be education and trusting governor. a way to throw an elbow at the current governor. he is, jason carter is a lawyer, went to university of georgia law school and the democratic party has been out of statewide office in georgia for awhile. this is a hope by democrats they will get back in. when he ran for state senate, his grandfather stayed out of it. the former president only campaigned at the end. he said he wanted to earn i