it's not just steve wynn's casino. i'm studio city, las vegas sands parisian. the issue for macau is the quality for the gamers is declining in advance of this wall of capacity. that what is should be of concern. these casinos make an awful lot of money. >> thanks for joining us. harry curtis. what do you make of wynn here? >> they make an awful lot of money, yes. these numbers that came out were not good. the only reason in my opinion this stock bounced like it did from early october to now were those comments out of beijing. the stock is headed back below $60. the shorts got squeezed. this will empower them to put more shorts on. >> you know who did mention the overcapacity? this guy here. only a couple of minutes ago he said that. >> we'll tell you the one emerging market that's got traders running for the hills. >>> check out some of the after-hours action as we head to break. wynn, schlumberger, mattel. s to. s to. i'm turning seven. what did you ask for? a princess. and a pony. you like things that begin with p. i like pink frosting too. will you have a c

steve wynn is a great american capitalist. chinese capitalist party ought to get back into the game and talk to steve because steve is a businessman. >> we're aware of the crackdown on corruption and on ostentatious displays of wet both of which have hit mccau. >> yes. >> in the call, if you had any idea how many years he's been in the business, steve wynn, in my 45 years of experience. in my 45 years of experience. in my 45 years of experience i've never seen anything like this before. he says it over and over again in this call. congrats on 45 years, steve. >> i told you the call was entertaining. >> it is. i was reading it this morning and very much enjoying every minute of it. >> frustrated man. i'm going say this for steve. i don't want to embarrass him. you've talked to people who work for wynn. you have a health issue, steve wynn's there. he talks about talking with employees. it is not gloss. he's not dross. he's real. he's real. in his 45 years people love steve wynn. >> love steve wynn. >> do they love yum brands? cor

sri you heard how angry steve wynn is but somehow asia stocks are back up to two month highs. >> let's talk about these markets, shall we? two month highs broadly for asian shares based on expectations of delayed fed rate hikes. let's face it, we have seen some pretty heavy inflows into the asian marks as well but this picture could change very quickly if the u.s. data turns for the better. so we are on data watch. credit suisse i think nailed this. they say this, the market has likely overshot the extent to which fed tightening has been deferred and the underpinnings of further gains in assets remain fragile. i am inclined to agree with that view. we're very much on data watch. not only state side but also in china as well. we have numbers and economic indicators next week starting on monday with q-3 gdp. that's where we stand. back to you. >> thank you for that. asian markets have lead the charge the last two trading sessions and europe followed suit. they did that yesterday finishing strong and they're doing it again today. we're up 0.63% for the stoxx 600. we're still down for the

tonight on "fast," a smack down of epic proportions from the cal government hitting back at steve wynn's criticism over policy sending shares tanking. we'll tell you whether the billionaire ceo should be worried. >>> plus big pharma play. valeant away from what attracted shareholders to the stock. and what it could mean for shareholders in the long run. >>> and opec hosting a special meeting and dennis gartman is taking notice. find out how he is playing ole ahead of the headlines. but first the story this hour ibm falling after a revenue miss. josh lipton has all of the details. josh? >> reporter: another quarter of falling retch. this time $19.3 billion. the cfo was just on cnbc talking about some of the points of pressure were in this quarter. take a listen. >> we continue to see price pressure, in our storage business and we continue to see price pressure in our global services business. so when we put all of that together with a weak -- a weaker transactional exit than we had expected we put all of that together and we see it is prudent for us to recognize, as we go into our largest

plus, steve wynn even seems to be confused about what's happened in china.should you do with casino stocks? find out how john is placing his bets next. why should over two hundred years of citi history matter to you? well, because it tells us something powerful about progress: that whether times are good or bad, people and their ideas will continue to move the world forward. as long as they have someone to believe in them. citi financed the transatlantic cable that connected continents. and the panama canal, that made our world a smaller place. we backed the marshall plan that helped europe regain its strength. and pioneered the atm, for cash, anytime. for over two centuries we've supported dreams like these, and the people and companies behind them. so why should that matter to you? because, today, we are still helping progress makers turn their ideas into reality. and the next great idea could be yours. go to ziprecruiter.com and post your job to over one hundred of the web's leading job boards with a single click. then simply select the best candidates fr

understand the chinese tourist naturally more, because you are chinese versus sheldon adelson or steve wynnence: i think that is an advantage we would have as well. i was born in hong kong. spent time in hong kong and macau. at the same time was educated in north america. i get a good sense of the best of both worlds. the formation of melco crown 10 years ago was based on that belief. how do i marry the best of the east with the best of the west? betty: it is easy to see the asian touches when you walk around his properties. the dragons. the feng shui that he incorporates into the layout. lawrence: when we first started, it was gold and iron metal bars. it resembled the bamboo, but then feng shui came in and said no, no. it has to be real. [laughter] betty: but adelson, who once called himself the richest jew in the world, says there is no monopoly on culture. sheldon: by vast majority, most of our employees are chinese. my chinese dealers and my chinese service people interact with chinese customers. what is the difference? betty: they would say they know the people. they are chinese. shel

a judge has thrown out the lawsuit challenging the sale of the land where steve wynn the ruling states that the taxpayers who filed the suit don't have the ability to dispute the sale. >> new details in the possible domestic dispute involving johnny manziel. ohio police released video and a 911 call from last week when the player and his girl friend were pulled over manziel says the couple got into a small argument and he was trying to make sure she didn't jump out. his girl friend claimed he hit her. >> we got into a little of hey you want to hang out with him so you can go with some other girl. >> this was between her saying this and me. that. is why you want to hang out with him. blah. blah. blah you guys are obviously in the car. >> he is, like, i don't know. he hit me a couple of times. >> officials let manziel and his girl friend leave together. she told officers that she did not want to press charges. jersey after a home crumbles into the water during high tide. the home was pushed no the -- into the bay. contractors are working to remove the home from the water. neighbors say t

. >> christa: casino developer steve wynn filed a liable lawsuit as he continues to battle officials in boston over a proposed casino in everett. according to the globe, wynn is suing unidentified defendants who defamed his company by releasing subpoenas to the media. wynn claims the subpoenas spread lies meant to damage him and his company. >> jadiann: ahead on 7news, closing the deal. if you're a buyer trying to save money, we have the magic day to buy a home. plus the worst months to put your home on the marketing. >> christa: it's getting much closer to cold and flu season. if you're thinking of skipping that shot, a couple of financial reasons that may make you rethink that decision. >> jadiann: a cover controversy surrounding the kardashian. why so many people are upset about a magazine caption featuring the reality stars. >> jeremy: chilly this morning and a mild fall day. mostly sunny skies. temps come out of the 40s this andrew: the one thing about soccer that i like the most is when i put my uniform on, the age just leaves me. the ages leave all of us. we simply become kids

macau hit back at steve wynn's criticism of policy.plained casinos were not told how many gaming tables they would be allocated, sing the policy is outrageous and ridiculous. the macau government summoned casino representatives and demanded total compliance with the rule. already battling pollution in , aonesia, a new blow jakarta-based retailer says it may not be able to service it that -- it's debt indefinitely. it is the asian destination of choice for companies. next, at, coming up rookie, a mistake, and how $6tsche bank almost lost billion. all the details win "first up" returns. ♪ angie: all right. the skies are a little clearer over the lion city as the air pollution index drops to 129 from 191 overnight. on your tv, on your mobile, and online, you are watching "first up." ♪ the top stories this hour, morgan stanley fell 5% overnight called thethe ceo worst quarter for -- [inaudible] } third-quarter profit was $.42 a share, missing the average estimate of analysts surveyed by bloomberg. asian tumbled in extended trading after sl

steve wynn was fairly vocal about a week and a half back about his frustrations with how certain thingscted. do you share those same frustrations with him? >> i think ultimately in this environment, mcawe is a very closed society. and we just need to be respectful of the local government. sometimes their hands are tied as well. you know, they are -- there are different forces, unions and different views in terms of, you know, there are a lot of different single interest groups supporting different things that are very vocal with the government. i think for us of course on table allocation i think steve was very angry about table allocation. we've been just closely working with the government, understanding that they have the constraints of the table cap and the annual growth rate and, you know, i think all we can do is really be respectful nd continue to work with them. >> looking now at that story and indeed, something is trending on social media along with the release of, well, the atest iteration of james bond. >> it is the gala opening tonight of that casino in melco crown. i'm hopi

liz: cash really hurt by the wynn resort operation, steve wynn scathing about china. saying their behavior is, quote, ridiculous and outrageous because of the table in his casino over there and they want to make steve wynn's enterprise do with the infrastructure spending 9 gaming facilities is what china is pressuring steve wynn. he has never seen anything like this. because of the communist party at a crackdown on luxury spending. it is illegal for communist party members to gamble. with a crackdown on corruption, it has cut back on that day. stuart: you ever go to the casinos it is all table games, not slots, it is table games. real quiet, all you hear is bank, the money on the table. a lot of money. >> reporter: wheeler did people two weeks ago to this. stuart: another china story yum brands, they lowered their forecast, they done this a couple times, stock is up because a carl icahn diet is joining, up goes the stock 2%. let's look at walmart, no balance, it has dropped over 11% in the past two days and sales at its 21 stores in china dropped 6%, walmart touched 5

. >> steve wynn suing for liable. everett casino plans received nothing but scathing critiques since the plans were revealed and who he was suing and lawsuit filed monday. wynn resorts claims the unknown defendants have been spreading lives to boston media outlets. >> saugus projects large developments including several on route 1 and earlier this year town officials change the zoning laws to spur development on the route 1 corridor. >> romantic moonlight get away turns into a rescue operation. next big mistake these lovebirds made that brought anniversary to screeching halt. >> video of her arrest last year seen around the globe and woman seen here is behind bars once again for doing the same thing in nearly the same place. next why officers are now being praised for how they handle things this time around. >> route 85 and delays are stretching all the way down to 85 north and drive times in moment. first here is shiri. >> kind of one day thing and map out what kind of weather to sunshi 130 yards now... bill's got a

it was a bad report from steve wynn and macau. took it over to j.d..com, the stock was off 13% off of week china data. today, it is up 4.5%. a little more relief there, too, perhaps. if we look at baidu, the internet search engine, enter interestingly if we going to bloomberg, it is a little more than $197. that implies return potential of maybe 25% or higher. pretty interesting there. lastly near him due to our hearts, facebook with a record high. a great day here at the nasdaq. thank you so much, abigail doolittle from the nasdaq. valeant is making gains after aftera brutal feud days citroen alleged that valeant created phantom sales. a group of shareholders is now suing the company. alix: valeant has called the report erroneous, but there are still questions about its relationships between these pharmacies. pharmacy specialty research analyst who has been coming up with very intriguing data. thank you so much for coming. the biggest question is -- are these sales phantom gekko is ?alean what has your investigation found? omar:

. >>> a judge has thrown out the lawsuit challenging the sell of the land where steve wynn plans to build a casino. that ruling states that the tax payer who filed the suit in july do not have the legal standing to dispute the sale. winn purchased for 6 million. he said the sale followed the rule of the public bidding process. >>> a dairy, new hampshire women is not commented to face charge after they rescue dozens of animal from her home. chickens and dogs, cats, lizzards, all living in dirty cages with waste scattered through the small home. police say they found sick and starving horse. once neighbors started noticing the filth. it reek of urnie. we had lots of rats drawn in by the horse may newers. >>> the women loved animal just she couldn't care for them. they are in the care of sbca and animal control. new details on lamar odem's hospitalization. hospital to a los angeles hospital to continue his treatment. oden found unconscious last week at a vegas brothel. he regained consciousness on friday and all right started physical therapy. doctors say he could start trying to walk in the

resorts the stock is up 32% on the month even after the stock reported a disappointing quarter and steve wynnnd the government of the cow had a scuffle. it's hard not to notice that three of those for stocks are china-based or china-related in the context of the recent china relate -- china rate cut. thank you. inorrow is halloween, and honor of the occasion, we want to look at some of the charts that are putting a scare into wall street. from inflation to liquidity to real estate, these charts of putting traders on edge. julie, who wrote that story, joins us now. it's one of the most read on our terminal and on our website. tell us first about the first chart you point out about commercial real estate. chief economist pointed out that commercial values are soaring, close to levels they were during the housing boom in 2007-2008. he said it's looking frothy right now. that chart was probably the scariest when i saw on the list that we got from a number of analysts and economists. betty: frothy. may be a bullish sign. maybe there is more demand for office space. it would be interesting to look

new this morning, casino developer steve wynn is suing for libel. the target of that suit not being identified but wynn issued a statement overnight saying no company that does business in massachusetts honestly should be subjected to " defamatory wynn building a casino in everett. emily: people in winter park outing a local man feared lost at sea. keith griffin was on board the cargo ship when it disappeared in hurricane joaquin. a vigil was hled yesterday -- was held yesterday. two other s have ties to new england. erika: funeral services for the worcester toddler found dead in her crib. investigators working to determine how gigi brown died. her family said that dcs had been involved with the family and had expressed concerns about the safety of the apartment where she was living with her mother. emily: rochelle bond pled not guilty to accessory after the fact in the death of her daughter known as baby doe. her boyfriend michael mccarthy is charged with the toddler' s hernandez trying to get murder charges against him dropped. they say there is n

this follows angry comments from steve wynn that's not known to minut mince his words. quarterly revenues sliding some 38%. he said that bureaucrats were making it difficult to plan ahead. >> it's become a major issue in macau as to the impact of government policy on planning for employment, promotions, hiring, and compensation. none of us are really clear on what our environment is going to be like going forward and it makes planning and adjusting almost a mystical process. >> schlumberger is hinting more cost cutting measures could be ahead after beating estimates. the world's number one oil services provider says any rebound in drilling activity will take longer than expected. it cut 20,000 workers. it and it's competitors have been hit hard by slumping oil prices. >> things are not all that great in the doll house. weak barbie sales. missing on the top and bottom lines. mattel has been trying to revival barbie sales as electronic toys and tablets are grabbing market share. the company also says a strong dollar and weak sales in it's monster high business have also h

casino developer steve wynn is suing for libel. he issued a scathing statement overnight saying no company that does business in maese honestly should be subjected to defamily picture to political abuse. he is building a casino in everett. >> people in everett are honoring a local man feared lost at sea. it disappeared in hurricane joaquin last week. two other crew members also have maese ties. the vigil will be held tonight for jeffrey of kingston. funeral services held today for the worcester toddler found dead her family said d.c.f. had been involved with the family and there are concerns about the wellington street apartment where she lived with her mother. >> this disturb ing site. water if the canals could drop are less than a day's supply of >> repairs underway after a major train derailment in verbatim. service to washington, d.c. is not expected to resume until the weekend. a amtrak derailed monday after it hit large rock s that had fallen on to the tracks. 900 gallons of diesel may have leaked. the six people hurt have be

a judge has thrown out the lawsuit challenging the sale of the land where steve wynn plans to build a casino in everett. wynn purchased the land for $6 million. and now to this wild weather in california. mud-slides hit the southern week. >> christa: they are still cleaning up. now they have to look forward to the next big weather event. el nino. yesterday, a teamle of state and local officials gathered to reinforce it. >> what we have seen is kind of a pretty good hint on the kind of activity we might see. >> a mountain of mud comes barreling down on you. >> reporter: one family got trapped in the mud that flowed from an hour of rain. the concern is what winter will bring with the strongest el nino in 18 years. it is a forecast climate prediction center reaffirmed is odds-on, 95% probability. >> we can see upwards of 200% of average rainfall. >> reporter: l.a. county public works has conducted its >> the main worries are areas below slopes that have been stripped by wilefires. >> there are many areas where we are identifying and pting a plan in place for regional coordination. >> it'

. >>> casino developer steve wynn is suing for libel but exactly who he's going after remains unclear. wynn claims his everett casino plans received nothing but scathing critiques since the plans were revealed. in a lawsuit filed on monday, wynn resorts claims that the unknown defendants have been spreading lies about his company to boston media outlets. the boston mayor's office says they have not seen that lawsuit. >>> interesting word from the member of the dallas cowboys and greg hardy who hasn't played since last september is returning in just in time to play the pats. and somehow when he was asked about tom brady he said i love tom brady, have you seen his wife? i hope she comes to the game. i hope her sister comes to the game. the comments which tom brady took the high road on today. >> no i got to focus on my job. he's a great player. we got to takes a lot of different things to handle a guy like that. i don't really care about his personal feelings. >> later in sports matt light joins us in studio and he has some harsh words for greg hardy. >> crystal clear shots of a big cat

. >>> new this morning steve wynn suing for liable and las vegas casino developer says everett casino plans received nothing but scathing critics since the plans were revealed. right now it is unclear who he is suing but in a lawsuit filed monday wynn resorts claims the unknown defendants have been spreading lies about his company to boston media outlets. we did reach out to city hall but they have not seen the lawsuit. >>> saugus seeing a building boom. daily item says the town issuing 85 building permits per month and that is up 64 per month during the last fiscal year. many of the projects are large developments including several earlier this year town officials changed the zoning laws to spur development of the route 1 corridor. >> new this morning update to a wallet theft in plymouth. fox25 told you when wallet was stolen from casey kill cup's car in july and inside the wallet was hospital bracelet of son that died when he was four months old. her wallet has been found but bracelet isn't there and heartbroken and held out hope for months the bracelet would be returned. >>> two ye

. >> jadiann: steve wynn continues to battle officials in boston over a casino in everett. he is suing unidentified comforts. he says they defamed his company by releasing subpoenas to the media. he claims the subpoenas were meant to damage him and his company. in a statement to the "globe," he said "no individual company who presents themselves honestly in the commonwealth of massachusetts by any measure of fair play, should be subjected to the defametory political abuse we have experienced. it is our intention to finally deal with it." >> christa: new york's to the draft kings. the new york attorney general is asking draft kings to provide information that includes a list of employees who input players' stats and determine their fantasy value. officials want to know the policies when it comes to employees playing on draft kings or on rival sites. draft kings, meantime, has contacted massachusetts attorney general maura healey who says she is "hearing them out." travel trouble in boston. witnesses say a truck driver turned downs a narrow one-way street and the... in the fe

it's einhorn, abbingman, lobe, steve wynn and jim clark. bain capital and so forth. they have technology to level the playing field for the regular investors. that's why they're growing so fast. they're giving away an awful lot of money today for als research. >> they're developing the block trades and benefitting als research. >> you're helping them do it today? >> i am. >> i hear you're doing trading of your own today as well? >> did a little trading as well. perhaps i'll do some of those block trades through iex, judge. i sold out of qualcomm today because it had a nice -- i think it was up 11% or 12% to when we got in, and we put the money to work today and goldman sachs and in fire eye. goldman because of up side call buying at the 185 strike. i bought a lot of goldman today. fire eye because it dipped and then made a pretty marvelous comeback, and i was buying both october and november calls. october calls only have one more day to trade, but i was buying the note 32s as well. put both of those in the portfolio, judge. >> good stuff. we will see you back here a

steve wynn hosting the debate at his hotel the wynn. playing host is a point of pride for the company and that he expects 250 wynn employees in the crowd. he's been an outspoken critic of the obama administration and has been linked to several republican candidates having donated to new jersey governor chris christie's campaign. >>> joe biden will not take part in tonight's debate. the vice president instead is deciding to watch from his home in washington, but one thing that's for sure, his presence will still be felt. >> never failed to remind us that a job is about a lot more than a paycheck. >> the super pac urging biden to make a white house run released this new ad that will air during tonight's debate. the ad features sound from the vice president's 2012 dnc speech where he talks about learning the value of a job from his dad. >>> republican presidential candidate donald trump will be back to host "saturday night live" next month. this is footage from the last time trump hosted "snl" back in 2004. he'll host on november 7th this

if you told me a year ago that steve wynn would criticize the chinese government the same week he hosted bernie sanders and hillary clinton in las vegas, i would have lost that bet. wynn has long been a china fan. here he is one year ago. >> it's much harder to do business than it is here in china. the regulatory burden in china is inn fan tess mall compared to the crap we get in america. it is the most less say fair place on the planet at the moment. >> one year later wynn is bewildered by the lack of uncertainty and he lashed out with a $4 billion property opening in macaw law spring and no idea how many gaming tables the government will let him have. >> we cannot train people and maintain service levels in the noncasino and casino areas when we don't have the time to train our people. so the notion of finding out how many tables you are going to get three weeks before your opening is outrageous and ridiculous. here in america we would never have a las vegas of the diversity we've had if the -- if the city had told us how many tables we could spread. the table cap is the single most co

new this morning steve wynn is suing for libel. he said his yes the recasino plans have received nothing but scathing critiques since the plan was revealed. unclear who he is suing, but in a lawsuit filed monday, wynn say the unknown defendants have been spreading lies about his company to boston media outlets company to boston media outlets. >>> details in the fight against isis. associated press has uncovered at least four attempts by smuggler today sell isis nuclear waste. the materials can be used to make a dirty bomb. the fbi partnered with investigators in the small country of maldova to bring down the smugglers. the latest known case came in conspiring to sell enough waste to dang several city blocks. >>> back on streets thanks to a change in drug laws. the federal government will release about 6,000 inmates between october 30 and november 2. all of the affected inmates are drug offenders and are now drug offenders and are now eligible for release. the inmates went through an appeals process to went through their release. th

if not use hand sanitize era soon as you can after visiting animals casino developer steve wynn is suing for libel but exactly who going after is mystery he claims everett casino plans have received nothing but scathing critiques since plans were revealed. in a lawsuit filed monday it claims unknown defendants have been spreading lies about his company to boston media outlets. we did reach out to city hall and mayor's office says they have not seen at lawsuit. >> outside a sunny warm day here in norwood. perfect for hitting driving range getting in some golf before weather gets too cold. certainly that was place to be. not inside, right i suppose but i can't do that at all blair i'm not golfer at all if you're so inclined that's good. putt-putt golf will be find 71 in boston for high norwood a 72 degrees. plymouth 69. chatham to 64. pretty close to average in boston. even right there at the beaches today. nice stuff out there to be sure. mostly clear over southern new england right now a lot of of sunshine fox 25 and dedham look to northwest, there is a front on here, that on radar denot

pull up in their limos, hop out of the car, greeted by the owner, steve wynn before he head back to check out the podium and lectern position. i have to tell you, jake, the stakes are high. the temperatures are high. we're out here in the hot vegas sun have to see in any of them have anything to say to us. one of our final opportunities to hear interest them before they arrive. expecting in the next hour, possibly two candidates to show up. we'll let you know if they have anything to say. brianna talking about the clinton campaign. talked to a senior sander strategist, tad divine, he said prepare for bernie sanders, if attacked, to fight like a tiger during this debate later on tonight. jake? >> all right. wild bengal tiger new york doubt. jim acosta. a lot of wisdom on the set to calculate probabilities of what might happen. we have cnn senior political commentator david axelrod, cnn chief political analyst, gloria borger and national correspondent john king. david, let me start with you. you were with mr. obama, then-senator obama, president obama now, of course, preparing to debate hil

. >> casino developer steve wynn is suing for libel but exactly who he's going after is unclear. >> wynn claims his everett casino plans received nothing but scathing critiques since plans were revealed. in lawsuit filed on monday wynn resorts claimed unknown defendants had spreading lies to boston media outlets. we did reach out to boston city hall, the mayor's office says they have not seen that lawsuit. have you seen this logo right here ads are all over tv and internet. boston based company called draft kings is website and app that allows people to bet on fantasy football and other sports every night of the week. tonight lawmakers are questioning its operations and wondering if draft kings needs to be regulated. and company's ceo tells espn that he's okay with that. do you believe regulation is inevitable for your industry in you know, i don't know if it's inevitable but if that's decision the government makes, we're open to that. i mean anything that will help provide an environment to people feel comfortable and safe i'm happy 20 partake in. >> calls for regulation follow an emplo

. >>> new this morning steve wynn is suing for libel. the casino developer said his plans have nothing but scathing critiques since the plans were revealed. unclear who he is suing, but wynn resorts in a lawsuit said that the unknown defendants have been spreading lies about his company to boston media outlets. >>> saugus is seeing a building boom. the daily item says the town is now issuing 85 building permits per month. that is up 64 months during the last fiscal year. many of the projects are large developments including several on route 1. earlier this year. town officials changed the zoning laws to spur development of the route 1 corridor. >>> a promise of change this morning after a local mother wasn't able to find a place to pump while traveling. united tells us they will add thursdaying stations to all airports that don't currently have one after newton mom liz cooper couldn't find a private place to pump her breast milk at the dulles airport. cooper's story went viral after she posted a picture of a pet relief center. liz by way

. >> steve wynn was very vocal about his frustrations with how certain things are conducted. frustrations? >> ultimately, in this environment, macau is a very close to society. we just need to be respectful of the local government. sometimes, there are different forces, their unions and different views in terms of -- there are a lot of different single interest groups supporting different things that are very vocal with the government. course, i think steve was very angry about table allocation. have been lobbying and closely working with the government, understanding that they have the constraints of the table cap and the annual growth rates. i think all we can do is really be respectful and continue to work with them. our exclusivewas interview with lawrence ho going after the mass-market gambler not the vip highroller. coming up in the next 20 minutes of the "bloomberg market day," a new way to measure inflation on the internet. how m.i.t. study project wants to use data to track what you are buying online. walgreens stairs -- shares are surging, following reports that the

casino magnate steve wynn slammed the policy on an earnings call earlier this month."preposterous" he fumed. "in my 45 years of experience, i've never seen anything like this".his anger came as wynn's macau division reported a revenue decline of nearly 40%. (matt rivers, cnn)n)even as the economy struggles s mightilyly here, alongside the industry it relies on, the average worker just t hasn't really felt thatcrunch. the jobless rate here stands below 2% and mass casino layoffs just haven't happened. so for now at least, casino owners appear to be betting big on the future. 3 after the break on siouxland news at sunrise... it seems like president obama is going against claims made by the director of the f - b - i. we'll show you what's being blamed for rising crime 3 3 3 a cold front will continue pushing through the area this morning, and we may see light drizzle especially east, but the big story today will be the strong northwesterly winds gusting up to 40mph at times. those winds and clouds will keep our temperatures in check. look for highs to top out in the upper

steve wynn even blasted macau on the conference call last night. hard to blame him when we look at revenues and earnings relative to the last 12 months. revenues are down 27% and earnings down 64%. when we look at the start, it is down 70% from its 2014 peak. if we go to one of the winners, we have mattel. this toymaker missed estimates. what it did get right was a positive tone on the conference call. the c.e.o. said the turnaround is firmly in place, that some of the lagging brands are starting to come back. negative fx effect is starting to improve. the shares are up. the stock is down nearly 24% year to date. when we look at the shortage, it is 20%. today's action to the upside might be short covering as much as anything else. have a great weekend. back to you. alix: thank you, abigail doolittle at the nasdaq. coming up, has qe worked over the last seven years? new research shows the question is a most impossible to answer. rescue efforts are underway after a scaffolding collapse in houston. you're looking at live pictures near minute maid park

steve wynn. he complained vitally about what's happened in mccal. shel adelson, didn't see him. he said we are not going to try to stop creating value. >> he represents about 15% of the ebitda of the company. they have been penalized for not having a larnler operation. they do have a new project underway. in china, net revenue, $529 million. it was down 33% but viewed better as might have been anticipated. you are seeing the stock up rather nicely on the announcement of this read and the earnings themselves. we are going to hear more from mr. murren. >> that was a spin and that needed irs approval. this is not. this is a public offering of a in you company that they are creating that will be a read. >> they are going beyond their own properties. atlantic city, all things come back to the debate. it is true. >> the fact that you duis are here to me is the most miraculous thing. >> the fact that joe and i slept in the back of the plane together. >> i don't want to hear anymore. earmuffs. >> i play with an open hand. everybody knows i play with an open hand. >> we will get cramer's

in fact, what is being called most candids conference call yet, steve wynn blasted macau for a numberons and it's perhaps a reflection that the company's revenue and earnings have steeply declined year-over-year and the stock is down more than 70% from its peak in 2014. it is not quite clear on what will stem those declines, but it probably will have something to do with macau possibly turning to gold again. another earnings story of their is advanced micro devices. half shares are down about a percent at this point. the company at this point did on the bottom line beat slightly. the company announced a jv fujitsu.ip with what is meant to happen here essentially is that the company is going to give factories to the jv partnership in exchange for 371 million dollars in cash you think that might be something to get investors excited. short interest, the stock is down today. that is all from here. back to. betty: thank you so much, abigail doolittle at the nasdaq. coming up, the pay gap in hollywood is no joke. what superstar jennifer lawrence had to say about that. ♪ betty: welcome back

now steve wynn talked about the notice of corruption in china. but if you are starting to sell a bit more, maybe what happened is the communist party has lessened the reins on the idea that you are out there showing your wealth. and that has been a big problem. you went into your foxhole about spending but now they're coming out. >> nike was the best dow stock last week. up almost 5%. >> and for them that's tiffany. >> at the same time, the stabilization play in china has been going on for a while now in the marketplace. >> it was so visible that china was falling apart. whether correctly or not, the exchange was a thermometer and a lot of people felt it was going to be at the 3,000 level and it hasn't. we've seen so many articles about them selling treasuries and of course the treasury market is very firm. they can sell all they want. so they obviously had enough fire power to prop the market. >> xi did say the slowdown is a normal adjustment arm from an economy that does rely strictly on housing and infrastructure. >> i think that's right. i th

i think steve wynn talked about -- >> again i come back to comments on the blackstone call where their. >> look at their aviation traffic, their use of the internet, i mean it's one thing to look at sort of industrial metrics and iron ore and electricity but some of these soft er consumer driven metrics are better. >> the consumer is flying to places. i'm very bullish on the chinese consumer. let's hear what tim cook has to say. a lot of numbers you get from the different parts companies they show you they do all this business in company. they have things manufactured. we're getting too many positive comments about like a nike comment, under armour. >> mcdonald's yesterday. >> that was great plus 20. i know that people didn't like under the armour call because they are spending to win and the gross margins went down. china numbers are fabulous. >> real quick, jim. get your take. crude is 44.35. we're down again. not long ago we were 50. >> make-or-break level. it has to hold this level. it's key in order not to see -- got some numbers yesterday about how the credit was extended to almo

. >> he bought the car from steve wynn.it for $5 million, more than three times the original retail price. so far no takers but he is using his la ferrari to take his daughter to school. sure beats the school bus. back to you. >> not knot a bad way to roll into close. robert frank, thank you very much. thank you all for watching. watch "fast money" at 5:00. "closing bell" starts right now. >>> hi, ever been, welcome to the "closing bell" on moon, i'm kelly evans. >> and i'm bill griffeth. china's gdp number out last night was weaker than expected but not as weak as feared. but it has sent commodity prices lower today. not just oil, but energy stocks are also taking hit. we will dig deeper into what's behind that move coming up in just a few minutes here. >> and disappointment on wall street as morgan stanley under pressure today after the

casino developer steve wynn has filed a rival lawsuit against boston officials. wynn claimed unidentified defendants defamed him and his company during the process of bringing a casino to everett. "today in new england" returns at 9:00. >>> 8:30 on this wednesday morning, october 7th, 2015. we're smack dab in the middle of a beautiful fall, and it's great to have you along on this wednesday morning. got a good crowd out here on the plaza, and we are playing that "brave" and we have singer/songwriter sarah bareilles herself. she's adding another skill to her resume. she's time, isn't she? she's an author now and has just written her first book and a lot of people think sayre ark looks like brittany. >> oh, my gosh. >> wow. never saw it until now. >> like looking in a mirror. >> oh, my gosh. >> oh, my gosh. >> that's amazing. >> so they say everyone has a doppelganger and now a new website called twin strangers can help you find yours so if you want the chance to meet your look-alike head to today.com/twins -- >> they have the same smile, that's crazy. >> wow. >> w

steve wynn sounding off about that. when you take a look at the nasdaq 100, it's the best gainer of the major averages this week, up 1%. chips are really the reason why. take a look at the one-week chart on chips. the semis up if are a third straight week gaining 3.5% on hopes for greater consolidation as a number of players said to be looking at putting themselves up for sale or approaching competitors. then you have twitter. you know the news today, steve ballmer tweeting out he has a 4% stake. depending when he bought, he could see some nice gains. twitter up about 13.5% right now for october. it is on pace for its first monthly gain in seven months. so investors clearly starting to like a little more clarity in the sense that they're moving in a new direction, tyler. back to you. >> bertha, thank you very much. >>> there has been a slew of data out of china this week and it has not been particularly good. and on monday, as bob just alluded, investors will react to gdp and industrial production numbers. the question

tonight on "fast," a smack down of epic proportions from the cal government hitting back at steve wynn'sriticism over policy sending shares tanking. we'll tell you whether the billionaire ceo should be worried. >>> plus big pharma play. valeant away from what attracted shareholders to the stock. and what it could mean for shareholders in the long run. >>> and opec hosting a special meeting and dennis gartman is taking notice. find out how he is playing ole ahead of the headlines. but first the story this hour,

steve wynn slammed the policy in an earnings call earlier this month. s. his anger came as wynn's macau division reported a decline of nearly 40%. even as the economy declines, the arch worker hasn't really felt that crunch. the jobless rate remains below 2 % and mass layoffs at casinos haven't happened. that means for you casino owners are betting big on the future. matt rivers, cnn, macau. >> we'll take a break right here. next on cnn, a story you have to see to believe. >> it's all about shaking cats, and it may leave you shaking your heads. stay with us. after we're all inside for a while, it gets pretty stuffy. when dad opens up the window, what's the first thing he does? (kid sniffs) (dad sniffs air) the tobin stance. but when we open up the windows, you can see the dust floatin' around. there's dog hair pollen more work ♪ ding dong wow! what's this? swiffer sweeper swiffer dusters removes up to 70% of dust & allergens. stays on there like glue. you can't do that with the other broom. wow, i love it! (family sniffs air) the tobin stance. that's tot

. >> dan, going back to wynn, if mccall is the real issue, what is steve -- what's -- what are wynn's options here really unless the environment in china changes substantially? >> it's not just the environment. they have more capacity coming on. when you think in the next year or two, to me unless they lose some of these casinos it's going to be hard to meet weakening demand with more capacity. so i don't really get it to be frank with you and i wouldn't lead -- this rally in wynn shares i wouldn't extrapolate it to much else that's going on in china right now. we saw yum!'s results last week and that's speaking to a broader segment. i know there is a lot of very stock specific or company specific issues with both of these, but i actually would probably lean more towards yum! and think about that middle class consumer in china rather than nick thinking about mccaul. >> you can say what you want and try to predict the china economy and consumer, but it's true on the separate issue of mc. >> caller: it doesn't look like the boot is being lifted. >> if you are going to invest in this sto

steve handelsman reports. >> reporter: hillary clinton went to nevada where crews are getting ready for the debate at the wynn hotel that's advertising vegas style. hillary clinton versus bernie sanders and the other three democrats, face to face on the same stage for the first time. >> the one that everyone's going to be watching, of course, is bernie sanders. >> people will have to contrast my consistency and my willingness to stand up to wall street and corporations, big corporations. >> reporter: sanders leads in iowa and new hampshire but trails clinton in more diverse states that vote later, like nevada. on the vegas strip people from across the nation said they'll watch the debate. >> i care about what they have to say, yeah. i care about where the country is going. >> all we've been hearing about is trump. >> i think it's not going to be very well rated. because trump isn't in the debate. i'm only kidding. >> reporter: for the lesser-known candidates, martin o'malley, jim webb and lincoln chaf chafee, it's a chance to be heard. >> it's a wonderful idea, isn't it? both parties having a debate. >> repor

steve? >> reporter: well, you know, here in the spin room and tv live area at the debate site, wynn hotel right on the vegas strip, the conventional wisdom is this is shaping up as much more of a conventional presidential debate. the first one for the democrats because it's not a republican debate and it can't be dominated by donald trump who incidentally, no surprise, trump always figures out a way to get involved, announced today he's going to be on "snl" next weekend and said he's going to be live tweeting tonight. cannot stand on the sidelines. has to try to be involved. he won't be in the debate. the people who will be have got a huge opportunity. i mean, let's face it. any debate, any year, any party, whether you have 16 or whether you have three, is big because there's a potential to gain and there's, some say, a bigger potential to lose. let's tick off some candidates. bernie sanders obviously on a roll especially in the early primary states surprising everybody in the democratic party, surprising everybody back home in vermont who loves and adores bernie sanders but never thought he wo

steve handelsman has more. >> reporter: hillary clinton went to nevada, where crews are getting ready for the debate at the wynn hotel that's advertising vegas tile. hillary clinton versus bernie sanders and the other three democrats face to face on the same stage for the first time. >> the one everyone's going to be watching, of course, is bernie sanders. >> people will have to contrast my consistency and my willingness to stand up to big corporations. >> reporter: sanders leads in iowa and new hampshire, but trails clinton in more diverse states that vote later like nevada. on the vegas strip today, people from across the nation said they'll watch the debate. >> i care about what they have to say. i care about where the country's going. >> all we've been hearing about is trump. >> i think it's not going to be very well rated. trump isn't in the debate. >> reporter: for the lesser known candidates, martin o'malley, jim webb, and lincoln chafee, it's a chance to be heard. o'malley today. >> it's a wonderful idea, isn't it, both parties having debates? >> reporter: for clinton it's a chance to move past her e-ma