Transcripts For FBC Markets Now 20140217

Rich edson, we have flown him all the way to chattanooga, tennessee. I dow the fine folks there will understand a word that you say, rich. Rich they are picking up on the accent. Looking at this movement that pushed against the effort to organize workers here at the volkswagen plant, the uaw was granted somewhat unusual access. Almost a partnership with volkswagen. There was an expedited election. They are saying that this is a big failure. This all continues. It has been the first bite. One employee says he does not want this town to become detroit. Who is growing. Who is moving forward. Look at detroit. Look at city blocks of empty houses. What is the common denominator . The uaw. One possible other chapter this past election. It could be a point of contention. The uaw said there is influence from outside. Theyre basically saying that volkswagen would decide to build another plant here if they rejected the uaw. The nlrb could decide to hold another election if they determined there was undue implements. Dagen volkswagen was extremely cooperative. This is an election that could have happened over 30 or 40 days. Almost agreed to expedite this process. Still, they fail to organize. Dagen thank you so much for that. Many are calling the uaw defeat a win for republicans. Wellbore jobs roll and because of it . It is great to see you. What does this one defeat due to the uaw . I think it is a setback for the labor union movement. I think that this is a vote for competitiveness. We want to be competitive. Chattanooga tennessee wants to be competitive with the rest of the world. Dagen i think his name was mike, very interesting that he pinpointed what happened to detroit. I wonder if people down south to look to the motor city and say, hey, the unions are to blame for that. I am not antiunion. These workers, however, said they do not want to organize right now. They want to maintain their ability to be flexible in the marketplace. They want to be at place where businesses are invited to comment without being saddled with a one size fits all uaw contract. I think this was a good move for the people of tennessee to make. It was also empowering to those states that want to be competitive in a track industry to come work. I think this is good all around. Dagen are you surprised that unions in the private sector have not gained more traction . Even with help from obama administration, right now they are pushing new rules that will expedite the unionization voting process. Are you surprised that unions have not gotten more traction in this kind of environment . I really am not surprised. There is not job growth. Most of the people are looking for job growth. They want to create economic opportunities. They want to lift their own lifestyle with having a good job. I am not surprised. On this day, president s day, i liked the fabric of america that says we have different states that have different rules that could be competitive in federalism. It also means states can be competitive to attract jobs and economic opportunity. I do not want to see a onesizefitsall blanket put over america. Dagen thank you. Good to see you. Trimming governments that. Recent pickups like the botched rollout of healthcare. Of proving that the government has its own issues when it comes to technology innovation. Investors are taking note. Street crowd is one of those companies. Joining me now from dallas. Gentlemen, good to see you both. Nick, i want to start with you first. How do you innovate in the Government Technology area. It is not easy. The government comes along kicking and screaming. We gather information and data that has never really been put together before. Then we bring it all together and help Law Enforcement agencies find and tr fugitives. Then we analyzed the data. Put it on a map and push it right out to the police cars. What we find is once they see it, they get it and once they get it, they want it. They really like what they see. They just want to see it before they believe it. What about it made you commit . A friend of mine in new york sent me an email and said he has made an investment in a Company Called street crowd. That is how i got started. Our family makes investments using multiple criteria. Most people try to maximize the return. We like to maximize return because the proceeds going to our foundation. We also look for creative, innovative leaders and founders. We want to make sure that employees get a fair shake and get to participate. We are very interested in what happens with the customers in this case. We also have a very strong feeling that it has got to give something to a community. It is really a fourway program. Dagen how fast have you been growing the business . What are the next avenues that you take . We started building the business about four years ago. Were we started selling it last year, we started going around and got into a handful of agencies around central texas. Now what we are just starting to do is trials and sales. The growth pattern really is concentrate on texas, dagen do you think it may be a turning point in terms of improving the use of technology . I hope it is a wakeup call. There is a sine curve of problems. Sometimes it is fine. Sometimes it falls into the ditch. They got exactly what you expect. I hope it is a wakeup call. They are the very people who needed it to work the most. The individual loss. No one paid the price. There was no one in charge. That is why it did not work. A lot of companies that are helping. It is about how government buys technology. We have to start getting smaller companies. I will let you guys go. I use it all the time. I am a total nerd. It looked exactly like it did back in 96, 97. Gentlemen, it was great to see you. Thank you so much. Take care of yourselves. We will see you soon. Dagen kickstart or hacked. That is next. Five years and counting. Stimulus. Whether and injuries wreaking havoc on russias winter games. Fox sports one analyst joins us had from sochi. See whats new at projectluna. Com dagen kickstart her was the victim of a cyber attack. Hackers were able to compromise some Customer Data after infiltrating its website. Jo ling kent has more on the story. Good morning. All kinds of different projects. Much of that data was compromised last week when law implores officials said it got hacked overnight. No credit card information was stolen. Kickstarter says no actual passwords were directly taken. Warning that it is possible for hackers to crack passwords. Unauthorized activity was detected on two accounts. When asked why it went several days to notify users, kickstart it responded we immediately closed the breach and notified everyone as soon as we have thoroughly investigated the situation. The company says they never actually store any credit card numbers. They do keep the last four digits outside the United States. Right now it is not clear who is responsible for the hacking or how many accounts were actually affected. We have put out some calls. Dagen thank you very much. Jo ling kent. Good to see you. Dagen good to see you, too. A potentially damaging revelation. They warned the company about vulnerabilities in the system two months before the november attack. That attack, of course, affected about 110 million customers. The report says at least one analyst within the company pushed for a review after learning of several potential threats. Shares are down more than 16 since that attack. Could an eye car be on the horizon . The dream of building an apple card may be step closer to reality. Apples mergers and acquisitions chief met with Tesla Ceo Elon musk last spring right around the time some analysts were saying that apple could buy or should buy an electric car maker. Groupon making a president ial blunder in its latest deal for president s day. It has been a big problem for governments and cities and towns. Broken roads with no mullah. Jeff flock is live taking the problem into his own hands with a preview. Jeff it is founded on the principles of minimal government. What happens if you dont have money to fix the roads. We will tell you. The logo [ female announcer ] its time for the annual shareholders meeting. Therell be the usual presentations on research. And development. Some new members of the team will be introduced. The chairmaemeritus will distribute his usual wisdom. And you . Well, youre the chief lifofficer. You just need the right professional to help you take charge. To help you take charge. Peace of mind is important when so we provide it svices youl bucan rely on. With centurylink as your trusted it partner, youll experience reliable uptime for the network and services you depend on. Multilayered Security Solutions keep your information safe, and secure. And responsive dedicated support meets your needs, and eases your mind. Centurylink. Your link to whats ne. Sometimes theyust drop in. Always obvious. Cme group can help you navigate risks and capture opportunities. We enable you to reach Global Markets and drive forward with broader possibilities. Cme group how the world advances. What is this place . Where are we . This is where we bring together the Fastest Internet and the best in entertainment. We call it the x1 entertainment operating system. It looks like the future we must have encountered a temporal vortex. Further analytics are necessary. Beam us up. Thats my phone. Hey. [ female announcer ] the x1 entertainment operating system, only from xfinity. Tv and internet together like never before. Dagen towns and municipalities running out of money to fix roads. Privatizing roads is exactly what one town in illinois is doing. Hey, jeff. Jeff rolling down the street this morning on this president day. Who files the roads . Who fixes the roads. Take a look at the view outside. There is no property tax in long grove. There is no police force. They just run out of money to fix the roads. This is something a lot of communities are dealing with. They are running out of money to pay for things like the roads. You love it out here. This is paradise. A portion of the roads are already privately owned. We are looking to do the residential roads. We are looking to look at private funding. I have to go out and fix my own potholes. That is exactly what we are saying. We are doing a twopronged approach. The residential roads, we will ask that the homeowners pay for those roads themselves. Nicole it is paradise out here. No property taxes. It is great. You do have to fix the roads. Dagen and lot of places, they do not pave the roads. It keeps the rift draft. Jeff i grew up on a dirt road. I kind of like it that way. Dagen we had black tops. It was gravel ish. [laughter] dagen thank you, jeff. Good to see you. Y says that president s day, today, is the best day to get a deal online. President s day sale top every other holiday of the year. That is more than black friday, labor day, july 4 or columbus day. One reason is they are trying to get rid of that old merchandise still left over from christmas. Groupon trying to cash in from this holiday. Offering 10 off any 40 groupon purchase. Groupon celebrates president s day by honoring president Alexander Hamilton. The only problem is Alexander Hamilton was not president of the United States ever. Groupons press release calls him under eye oblique one of our greatest president s. The man was never president of the United States. The Olympic Games becoming the blame game. Disappointments continue in sochi. Could the debate over the impact still rage . How it could play out in the midterm election. That is next. No two people have the same financial goals. Pnc investments works with you to understand yours and helps plan for your retirement. Talk to a pnc invements Financial Advisor today. [ mawhile a body in motionat resnds to stay in motion. T. Staying active can ease arthritis symptoms. But if you have arthritis, this can be difficult. Prescription celebrex can help relieve arthritis pain and improve daily physical function sooving is easier. Because just one 200mg cebrex a day can provide 24 hour relief for many with arthritis pain. And its not a narcotic. You and your doctor should balance the benefits with the risks. All prescription nsaids, like celebrex, ibuprofen, naproxen and meloxicam have the same cardiovascular warning. They all may increase the chance of heart attack or stroke, which n lead to death. Thishance increases if yoe or risk factors such as high bloodssure or when nsaids are taken for long periods. Nsaids, like celebrex, increase the chance of serious skin or allergic reactions, or stomach and intestine problems, such as bleeding and ulcers, which can occuwithout warning and may cause death. Patients also taking aspirin and the elderly are at increased risk for stomach bleeding and ulcers. Dont takeebrex if you have bleeding in the stomach or inteste, or had an asthma attack, hives, other allergies to aspirin, nsaids or sulfonamides. Get help right away if you hav swelling of the facer thro, or trouble breathing. Tell your doctor ur medical history. And ask your doctor about celebrex. For a body in motion. [ male announcer ] evenore impressive than the research this man has at his disposal is how he puts it to work for his clients. Morning. Morning. Thanks for meeting so early. Co on in. [ male annncer ] its how edward jones makes sense of investing. At the bottom of the hour, here is what is coming up on markets now. About 800 billion in Government Spending help or maybe hurt this economy . A possible warning sign for technology, a number of startups on the decline. I look at the reason behind this disturbing trend. And tesla doing more damage control after yet another fire. Five years ago today president obama signed in 800 billion the list in this law. The presence law to inject a huge amount of money into the economy still remains controversial. Again, the debate rages on. Peter barnes in the beltway for us. Republicans blacklisting was planned today as the stimulus that wasnt, democrats and the white house are radio silent. The stimulus plan wasted money and unnecessarily added to the national debt. The cbo added the National Cause was 830 billion, part of that was Companies Like solyndra which went bankrupt. The cbo also said it fell short of the job creation forecast of about 2. 5 job saver generated with 2. 3 million jobs, and not push the the Unemployment Rate down fast enough as this graphic from the white house predicted. It is a fiveYear Anniversary of the president s tiniest was bill that would get unemployment low 5 . And here we are with millions of people who have dropped out of the employment system, finding ourselves less competitive globally, our deficits continue to be a real burden for the american people. The white house not respond to our request for comment and all of this, but in 2121 of the plans architects wrote it could have been more effective. Most obviously it was too small. Back to you. Dagen more issues coming out of sochi and the Winter Olympics as fog for system event to be postponed with some americans falling so far short of their metal aspirations. The country is left wondering why. Olympic analyst and former olympic snowboarder andy finch joins me now with his take from the games. I dont want to sound like a sourpuss, but if you look at the events that have delivered from the games so far, they have been disappointing. You want to start with shaun white. He did not even make the podium. What happened in speedskating. Do you feel that way being there covering it . Those are a bunch of topics i think all have Different Reasons why theyre coming together like this. It is pretty crazy, the u. S. Is usually so strong in the middle count. There is pretty good reasons for all of those, i feel like. Dagen there are, and we could talk a little bit about the speedskating suits, but lets go back to the weather. Talk about the fathe fog that sd in because at least the biathl biathlon, one of the boarding events was postponed until tomorrow. They were blown away at the weather we have had the past 10 to 12 days because we are looking more at the typical sochi weather for the month of february. It was incredibly foggy. I could barely see the bottom of the landing at the bottom of the border cross. Within a half hour we could not even see the finish line. It was incredibly thick fog, which makes it impossible for a writer to see and a bigger issue for the community, they cannot see the riders on camera. Dagen can be incredible dangerous. Talk about the snow conditions. The conditions in the half pipe when shaun white were competing, it was rough. The shape of the half pipe had to work on that and then churn at the bottom of the half pipe, but he also look at the snow in some of the alpine events in a downhill event and the like. How big of a problem has that been for our athletes . These conditions are actual actually, i really enjoy writing these kind of conditions, little softer, little slush year. But it makes it very challenging for someone designing a course to keep it firm for the downhill skiing and stuff they wanted solid and firm so it is consistent conditions throughout, same thing and a half pipe. You want the shape to hold up. My opinion they should have changed the format. It started out a decent shape, but it couldnt handle the amount of writing they were trying to get done. They knew it before ever reasons i decided not to change the format. Dagen coming away from this, obviously the games arent over yet, but who do you think is going to be the breakout star . Who cant love the guy. He is the man for the job. A lot came together being the first slopestyle event for snowboarding, kicking off the olympics, the weather and everything came together. It was perfect, first time we have seen style rewarded like that. It is a piece of work, i am ready to see that guy just exploded at a whole different level and im excited for that. Dagen i think we all are. He wants everybody to keep it. Dagen andy, thank you. Be well. With the likes of facebook and twitter and now on wall street, the lack of young upandcoming Tech Companies could mean disaster for the u. S. Economy. Speaking of disaster, another fire in a tesla model s. The recent string of malfunctions could mean for elon musk and company. And an asteroid headed toward earth . Almost. Look at these football field asteroid to set to fly by earth tonight. Uhhh. No, that cant happen. Thats the thing, you dont know how long it has to last. Everyone has retirement questions. So ameriprise created the exclusive. Confident retirement approach. Now you and your ameripise advisor can get the real answers you need. Well, knowing gives you confidence. Start building your confident retirement today. If. H breathings hard. E. Ow the feeling . Copd includes emphysema and chronic bronchis. Spiriva is a oncedaily inhaled copd maintenance treatment that helps open my obstructed airways for a full 24 hours. Spiriva helps me breathe easier. Spiriva handihaler tiotropium bromide inhalation powder does not replace fastacting inhalers for sudden symptoms. Tell your doctor if you have kidney problems, glaucoma, trble urinating, or an enlarged prostate. These may worsen with spiriva. Discuss all medicines you take, even eye drops. Stop taking spiriva and seek immediate medical help if your breathing suddenly worsens, your throat or tongue swells, you get hives, vision changes or eye pain or problems passing urine. Other side effects include. Nothing can reverse copd. Spiriva helps me breathe better. Does breathing with copd weigh you down . Dont wait to ask your doctor about spiriva. Ashley spotify possibly going public. It is reporting the online Music Streaming Service placed an ad for a job to prepare the company for sec filing standards. Analysts say spotify ipo can embellish the startup at 8 billion. Spotify declining to comment. Britains Agency Charged employees for taking part in the manipulation of libor, between june 2005 and august 2007. No comment from barclays. Japan grew at a slower pace. Gdp the thirdlargest economy eepanding at an annualized 1 , less than happy forecast april japan will raise the National Sales tax from five to 8 . That is the latest from the Fox Business Network giving you the power to prosper. So were up early. Up late. Thinking up gamechanging ideas, like this dozens of tax free zones across new york state. Move here. Expand here. Or start a new business here. And pay no taxes for 10 yrs. With new jobs, new opportunities and a new tax free plan. Theres only one way for your business to go. Up. Find out if your business can qualify at startupny. Com dagen the number of young Tech Companies is falling and it could mean trouble not just the Tech Industry for the broader u. S. Economy. At the kauffman foundation. These numbers are troubling, are they not . The number of Tech Startups less than five years of age less than 80,000 now back in 2001 it was 113,000. I think it is certainly troubling and surprising to a lot of people. Longerterm context we are about where we were with new and Young Companies in terms of an overall level. Dagen why do you think the level has reached the low that it had, what is going on here . What do you think is happening . I think there are a lot of reasons. The high tech sector is looking like the rest of the u. S. Economy in which it has been falling for number of years. The changing economics of some high tech sectors have been another culprit behind sort of the downed pipeline and ipos. We have seen other trends with other evidence and other research has shown the number of immigrant entrepreneurs and their contribution has been falling over the past several years. Dagen is that something we as a nation should be focused on reversing . In terms of ensuring those immigrants stay in this country if they come here for an education . Absolutely. We know the importance of immigrants and immigrant entrepreneurs for all parts of the u. S. Economy. From the midto thousands the past seven or eight years were seeing fewer in the high tech sectors in the u. S. Dagen what is working right now in Technology Terms of startups . What is the one hot area we should be focusing on . The three hottest areas going by our mobile internet and health care. Even though you see lots and lots of start up activity, financing, theyre still they fe disrupting the contribution to health care. Even a lot of start of activity we need attention paid to the demand side of it. Dagen is an asteroid the size of three football fields traveling close to thousands of miles per hour. Heading toward earth. With the very latest. Good morning, dagen. This asteroid, which is pretty significant in size, will not be coming close enough to make a direct impact so no mass extinction of our planet happening later tonight about 9 00 is when it will be broadcast on the internet. At the closest point this asteroid will be the distance between us and the moon multiplied by nine. About 2 million miles away, robotic telescope will begin a Life Tracking 9 00 eastern he can watch at home online, a very large asteroid, nearly 900 feet long, three football fields or an aircraft the size of the manhattan. Imagine that slamming into the earth. It was 30 meters in diameter, the explosion last year above the earth which injured about 1000 people was a size bigger than an atomic bomb and rush actually trying to commemorate on saturday, the one Year Anniversary with the gold medals trying to include bits of that meteor but the International Committee for the olympics said no, those cannot be altered. Trying to keep track of all the near Earth Objects. They are monitoring this, so far about 11,000 near Earth Objects have been discovered, 900 of those are clobbered or larger in diameter. The good news is the eyes on the planet are looking up and this one will just be a close call. Dagen what kind of odds are we talking about actually getting hit by one of these giant objects . The Astronomical Community said it is guaranteed to happen, it happens all the time. Usually the impact on oceans or frozen tundra causing no harm. Periodically these do happen, they do cause great, great damage when they do. Dagen i am jealous of where you are, hope it is sunny there. It is nice. Dagen thank you for rubbing it in. The iconic 80s trilogy back to the future is becoming a reality sort of. Nike set to release a reallife version of marty mcfly power sneakers. According to the companys designers while in 2011 nike unveiled limited edition replica of iconic kicks it was missing a key component, the self tying laces. They filed for a patent in 2010 and expected to finally sell hightech shoe next year. The problem that wont seem to go away for tesla. New details on the fire on one of the cars and what the tire carmaker is doing about it next. Then we gave each person a ribbon to show how many years that amount might last. I was trying to, like, pull it a little further. [ woman ] got me to 70 years old. Im going have to rethi this thing. Is hard to imagin how much well need for a retirement that could last 3years or mor so maybe we need to approach things dferently, if we want to be ready for a longer retirement. If we want to be ready for a longer retirement. Theyre the dayso take care ofe business. When possibilities become reality. With centurylink as your trusted partner, our visionary Cloud Infrastructure and Global Broadband network free you to focus on what matters. With Custom Communications solutions and responsive, dedicated support, we constantly evolve to meet your needs. Every day of the week. Centurylink® your link to whats next. Dagen another month, another tesla fire. Shares hit an alltime high but a fifth model s car caught fire in as many months. Joining me now, editor of oxcart report. Com. Elon musk and investors dont seem to be troubled by it at all. There were three fires involving major accidents, just seeing if theres a problem there. They are a little bit more understandable. Another fire not too long ago as a result of a faulty home charger. The person who owned the car pulled into the garage and the fire alarm went off shortly after, he wasnt plugged in. They said it wasnt a battery pack or the onboard charging system but they are not sure what caused the fire. That is still being looked into. Dagen is that something going to be built into the nature of these cars which mark will thi . There are 30,000 on the road, we have had five reported fires, three involving pretty major incidences. We will have you see there is some sort of endemic issues here. Batteries are flammable. Whether or not he can protect them him catching fire one way or another is the issue. Dagen does it get in the way of the sales . If we find out five months from now every other car is catching fire, that will be a problem. If it happens to one and we find out why it happened, that will not be an issue at all. Dagen it is not funny, but it is a battery pack in the trunk. It seems bizarre mishaps happen at these races. Nothing to do with the chevrolet batteries. It does not look good. Dagen way to keep memories alive. We should point out they brought back the number three car, driven by Dale Earnhardt and his grandson on the paul. Fisk are, a big loan from the federal government bankrupt now for the company. The company that went bankrupt, which happened to be the battery supplier, the relationship there sort of contributed to them going bankrupt last year having production that year. The chinese autoparts supplier setting up shop in the United States. We will find out for sure if they get it. Keeping engineering here, tough to say. It is a gorgeous car, when it first came out it was pretty ahead of its time, but the technology is already kind of dated, they will have a lot of work to do. Once with much better integration. He designed it and basically said fit it into this cars the backseat is small, practically no trunk. The interesting thing here is of course the former vice chairman of General Motors started another company converting these cars into v8 powered supercars, so no electric powertrain there at all. They will have new cars pretty soon. Dagen well done, my man. Fox car reports. Com. John kerry appointing Climate Change to a weapon of mass destruction. Is it time for more focus on Global Warming . And does under armour deserve and a policy . Apology . They change the suits, but the performance did not get any better. Shani davis no medal. Coming up in the next hour of markets now. Impact wool exports from new zealand, textile poduction in spain, and the use of medical technology in the u. S. . At t. Rowe price, we understand the connections of a complex, global economy. Its just one reason over 75 of our mutl funds beat thei10year pper avere. T. Rowe price. Inest with confidence. Request a prospectu or summary prospectu with investment informion, risks, fees and expenses to read and considecarefully beforinvesting. With investment informion, risks, fees and expenses millions have raised their hand for the proven relief of the purple pill. And that relief could be in your hand. For many, nexium helps relieve heartburn symptoms from acid reflux disease. Find out how you can save at purplepill. Com. There is risk of bone fracture and low magnesium levels. Side effects may include headache, abdominal pain, and diarrhea if you have persistent diarrhea, contact your doctor right away. Other serious stomach conditions m exi. Avoid if you te clopidogrel. For many, relief is at hand. Ask your doctor abouxium. She loves to shop online with her debit card. D so does bill, an identity thief who stole marys identity, took over her bank accounts, and stole her hardearned money. Unfortunaty, millions of americans just like you learn all it may take is a little misplaced information to wreak havoc on your life. This is Identity Theft. And no one helps stop it better than lifelock. Lifelock offers the most comprensive Identity Theft protection available. If mary had felocks bank account alerts, she may have been notified before it was too late. Lifelocks credit Notification Service is on the job 24 7. As soon as they detect a threat to your identity within their network, they will alert you, protecting you before the damage is done. Lifelock has the most cprehensive Identity Theft protection available, guarding your Social Security number, your money, your credit, even the equity in your home. My years as a prosecutor tahte that we all need to protect ourselves from crime. In todays world, that includes Identity Theft. Its a serious problem. We all have to protect ourselves. [ male announcer ] while Identity Theft canbe completely stopped, no one works harder to protect you than lifelock. You even get a1 million service guarante thats security no one can beat. You have so much to protect and nothing to lose when you call lifelock right now and get 60 days of Identity Theft otection risk free. Thats right. 60 days risk free. Use promo code notme. Order now and get this document shredder to keep sensitive documents out of the wrong hands. A 29 value free. Dont wait until you become the next victim. Climate change now be considered another weapon of mass destruction perhaps even the worlds most here is a weapon, that is destruction. Dagen john kerry out with these dire warnings over the weekend. Hello, everybody, im cheryl casone. Say what you will come as a braces for another, yes we heard me, another storm headed our way tomorrow, is it time to take Global Warming more seriously . Speedskating coming up short in every event so far even after changing out the uniforms. And five years since president obama signed the stimulus into law. We will crack the numbers for you. Coming up in the next hour of markets now. Good morning, good afternoon, everybody. Time to take you now through your headlines, the big below to big labor. Representing workers at a volkswagen plant in chattanooga, tennessee. Uaw membership down 75 , may not help matters much. What of the future of unions in america, how do they survive, how do they thrive over the next decade or at all . Lets take it to our panel. They are already laughing at me. Joining us from the Economic Policy institute coming out of cincinnati. You have been talking about this morning on varney company. As with a big boost republicans in the state, but doesnt vw deserve the credit for keeping the union out of their plan . Charles not really. They expressed remorse for this. They said works, during the economic downturn, having unions are these Works Councils actually help them survive it, so they were prounion on the surface. Another reason a week ago if you were to take the odds, a lot of people talk the unions might win this one. They say we could do more production out of the system. You joked how we have spent the morning together, but we had come to spend Marsha Blackburn on this morning, she was basically saying at the end of all of this the workers at this particular plant wanted to be in scented to do well and get rewarded for it and did not believe the uaw would be accurately representing them or would win the fight in that for them. This could be a blueprint of what is to come. Cheryl it is unions in detroit that took a lot of the blame for what happened in particular with gm and chrysler. It is very unique in that you had not the company, but outside special Interest Groups as well as politicians who are urging and coordinating to see that this vote be defeated. That was incredible that outside corporate interests associated with the actual industry trying to block the union from coming. Im not surprised at all. Charles th uaw is an outside interests. There representing workers. It is Grover Norquist for the brothers or worker represent in this particular issue . They want to have workers at the table. The only way they can do that under u. S. Law is to unionize, so what you had with outside forces trying to prevent that from happening. Cheryl if you look at the history and a brothers up at the top of the show, Union Memberships for her thousand now, 75 for uaw uaw memberships. Many businesses will say the unions are killing me. Is this good for business . I think you what happened with the uaw even though it was 86 votes, it was actually disheartening because the uaw has a making a push to get particularly in the Southern States and this was a vote. You dont need outside interest. Workers voted their pocketbook. They dont need outside help, they need jobs and made the right decision. We didnt have any effect, they wouldnt have done it. Clearly that had a huge impact on this vote. I look at if this way. If you have uaw trying to pop the way to Union Representation and every factory the matter if it is cars or any other type of production, they lost and they have to regroup and refine their message. If theyr they are happy with te status quo, great. The workers made the choice, not any outside entity. Lets not mistake the vote for people saying they are happy. They say they do want to organize these councils if they can figure out a way to do it under the law. This was a repudiation of the uaw, not organizing and click delete bargaining. Charles it is in the last 20, 30 years has been a repudiation of unions in this country. On that when i think youre absolutely wrong. The unions need to figure this out. They lost another would be battle i think it was amazon or google. Not too long ago, maybe 1500 workers potentially could have gotten unionized, there was a clause. They actually entered into this agreement even before the vote including neutrality kind of clause which meant the workers will never make too much money or more money than the big three automakers in detroit. That is what got unions in trouble in the first place. Cheryl on to our next topic. Another storm is headed to the northeast, this winter has many pointing the finger of blame at Climate Change. John kerry calling it a weapon of mass destruction. And sparring with scientist over the threat. Heres what she had to say when she joined charles on the show this morning. Even Gina Mccarthy has said if she achieved all of her 26 goals g come it would not have n impact on climate globally because the other countries are not going to do anything. Cheryl did you agree with her . Charles i did. Some of the greatest mathematicians and scientists throughout history believe the eartearth was a center of the universe and the su son and the planets revolve around us. We keep hearing this was conclusive, theres no more debate. In the state of the union this is the way it is and all scientists agreee it is still a hypothesis. Even if it were real, manmade Climate Change, higher taxes is the answer . Cheryl they are all because of Climate Change. This is basically a weapon of mass destruction that we are ignoring. We talked about Climate Change you and i especially for years now. This didnt go away. Even if you dont accept extreme weather that we are experiencing as a result of changes in the climate, edited a bait we dont need to have. Where are the opportunities for growth in various sectors of the u. S. Economy, they are in dealing with Climate Change, global energy, et cetera. If we has states want to have a silly debates and arguments, were going to miss out on a huge Growth Investment opportunity the rest of the world is not standing still for. Cheryl is a debate about Global Warming . I am fascinated he dont want debate over Climate Change. You have to give credit, his time is always impactful. When you look at the ability for comic change, is there a moneymaker . Absolutely. American workers to get jobs. All he will do if he goes through this canard is cut u. S. Jobs. Build emerging markets up as opposed to cut us are higher taxes. Emerging economies like indonesia will not cut output. This is just a debate and only pieces the democratic base, does not going to work. Your credit india as well. We had to get to our third topic, everyone. Under armour under fire with speed skaters blaming the companys uniforms for their poor performance. Team usa switch back to their old uniforms and they still lost. The just a scapegoat for the teams disappointing performance . I feel very passionate because i have played sports a very high level, division i track and field. I would eat the same thing before every single race and i swear if i had a bad race i look back and there must have been something wrong with the bread. I can understand the way they are feeling by truly believed may have just had a bad race. I feel bad for under armour. Cheryl they went after under armour when there are other factors here. They trained in italy in a different elevation and frankly maybe the other athletes, the dutch, were just better. Charles sometimes you have to deal with that. It is a game of fractions. It is not becoming. It was not the uniforms, we just did not live up to our potential. T there have been 24 speed skating races in sochi. The dutch have won 24 medals awarded in speed skating. It is clearly they are better. It is probably not our suit and probably not even our training. The world has just over past us. We thought after 2010 we were going to be the kings of speed skating and it turns out we stood still and the rest of the world left forward. It took a bath on this what happened. I really think the real problem is is probably paying us back. Something is going on. Never the performance. Cheryl it wasnt me. Guys, thank you so much. Forget about apple tv. Looking to make steve jobs dreams of an apple car a reality. And who theyre working with may or may not surprise you. We will talk about that, plus nike going back to the future. Nelson the latest movie inspired technology hitting store shelves next year. Why the iconic character marty mcfly will be first in line to get it. We will be right back. So i can reach ally bank 24 7, but there are no bnches . 24 7. Im sorry, im just really reluctant to try new things. Really . Whats wrong with trying new things . Look mommys new vacuum cat screech you feel that in your muscles . I do. Drink water. Its a long story. Well, not having branches lets us give you great rates and service. Id like that. A new way to bank. A better way to save. Ally bank. Your money needs an ally. voseeker of the sublime. Ro. You can separate runway diculousness. From fashionhat flies off the shves. And you. Rent from natial. Because only national lets you choose any car in the aisle. And go. And only national isanked highest in car rental Customer Satisfaction by j. D. Power. natalie ooooh, i like your style. vo so do we, business pro. So do we. Go national. Go like pro. Then youll know how uncomfortable it can be. [ crickets chirping ] but did you know that the lack of saliva can also lead to tooth decay and bad breath . [ exhales deeply ] [ male announcer ] well there is biotene. Specially formulated with moisturizers and lubricants, biotene can provide soothing relief and it helps keep your mouth healthy, too. [ applause ] biotene for people who suffer from dry mouth. We are thinkers. The job jugglers. The up allnnhts. And the ones who turn ideas into action. Weve made our passions our lifes work. We strive for the moments where we can s, i didt we are entrepreneurs who started it all. With a signature. Legalzoom has helped start over 1 million businesses, turning dreamers into business owners. And were here to help art yours. Cheryl kick starter most recent victim of a cyber attack. Jo ling kent has more. I guess i surprise the site would get hit, but how theyre handling it i think has been fascinating. Have hundreds of millions of dollars flowing through their website every year. All kinds of different things. They got high, as a bid law on t listen now your website is down, all of this information is being hacked. They dont tell users until saturday. Essentially this is what the ceo said. We immediately close the breach and notified everybody as soon as we have thoroughly investigated the situation. From the ceo from the blog. They said they didnt tell anyone, he didnt want anyone to panic. They havv upped security trying to prevent anything from being further hacked. No Payment Information was taken that we know of as of now. They end up being a little bit more complicated than they first seem. Cheryl one of these newer sites, but it is all about the gathering of money. Venture capital for movie to businesses per shoeshine business and i am wondering if this will hurt the company and perception of the company. Werhanding them your credit ca. I talked to a couple of kick starter users. They say they feel secure right now, theyre not concerned because it wasnt stolen. The real that further into it, if you donate for projects outside of the u. S. The last four digits of your credit card number, debit card number or the information pile, if you will. That information could have been breached as well. If you have an nonunion password, that information could have been accessed. Any Computing Power can create the password. It has to just keep on evolving over time. That is the hardest part. Cheryl could a carvin copy on e horizon for all of the . Steve jobs dream of billion applecart a step closer to being a reality. Reporting apples merger and acquisitions chief met with tesla ceo last spring right around the time some analysts were saying apple should buy electric carmaker. Coming as apple is reportedly widening its focus from iphones and ipads to explore other Technology Like medical devices. Im still waiting for my watch. Nike is going back to the future. The man behind air jordan line nike will be releasing a version of self tying shoes. Rumors have been circling since 2010 when nike applied for a patent for automatically placing trainers. It will be hitting stores next year, 2015, the same year the movie back to the future to was actually set in. Do you feel old . A big week of data is on tap. Will be taking indepth look where you should be putting your money right now in the housing sector. Man behind the real estate arm will be joining me to help pickoff the special series really doing all this week. We will be joined right back. Peace of mind is important when youre running a successful business. So we provide it services you can rely on. With centurylink as your trusted it partner, youll experience reliable uptime for the network and services you depend on. Multilayered Security Solutions keep your information safe, and secure. And responsive dedicated support meets your needs, and eases you. Centurylink. Your link to whats next. [ car alarm chirps ] [ le announcer ] we dont juscertify our preowned vehics. We inspect, analyze, and recondition each one, ntil its nothing short of a genuine certified preowned mercedesbenz for the next new owr. [ car alarm chirps ] hry in to the mercedesbenz cerfied preowned sales event. Visit today for exceptional offers. Visit today for exceptional offers. Iwe dont back down. We only know one direction up so were up early. Upate. Thinki up gamechanging ideas, like this dozens of tax free zones across new york state. Move here. Expand here. Or start a new business here. And pay no taxes for 10 years. With new jobs, new opportunities and a new tax free plan. Theres only one way for your business to go. Up. Find out if your business can qualify at startupny. Com adam the debate rages on whether or not this was the right decision for the county. Peter barnes with more from washington. What is the debate on this . The there blessing as the stimulus that wasnt. Democrats and the white house are not talking at least not yet. Recovery act wasted money and unnecessarily added to the national debt. The cbos of the actual cost was 830 billion for one thing. Some of that money went to Companies Like solyndra which went bankrupt costing taxpayers 535 million. Also said the plan fell short of the job creation goal of 3. 5 million jobs saved or created as many as 3. 1 million jobs. His servant did not push and implement rate down to 5 by the end of 2013 as this famous graphic from the white house predicted. The actions this administration have taken have not been something that has yielded more job growth and greater income for the american worker. The white house to not respond to the request for comment, but time is in reports online the administration will release a report this week that will say the recovery act boosted gdp by roughly two to two and half Percentage Points from late 2009 through may 2011 which obviously will have traded a lot of jobs. Cheryl, back to you. Cheryl there is your real debate. Thank you. You bet. Cheryl the outlook for 2014 and the keyword and a result is optimistic. Joining me now is the ceo and president s of prudential real estate. One of the things a builders have been telling us for quite some time is the builders are having trouble getting financing, but the results you have here in front of me are incredibly optimistic an the 57 of respondents think the overall market is going to be good this year. Where do you think that comes from . Thank you for the opportunity. All this is an opportunity of a timeframe the gone through. A lot of very positive move about the market. The issue for the builders is a lot about whether or not they can find capital to continue to build and secondly the other issue is can they find Skilled Labor to . Cheryl the other thing that was frankly eyeopening was millennials are key drivers in the market. How is that when we have been seeing report after report millennials dont have jobs, loaded up with student debt and a lot of them are living at home. How can they be so positive in this survey . And our particular survey it was individuals who either had purchased or were intending to purchase. The folks we targeted obviously witwere those that were also employed. On an overall basis, one else have an extremely optimistic perspective regarding real estate. Something we really did not expect, this is not the first time we have seen this. We have had this fact rocher over the last several surveys which are going back three or four quarters. A lot of it has to do with the fact that they are now entering a time in our lives there starting a family, those employed are working toward a job field. Cheryl many buyers come as a survey of those looking to buy, had bought, were in the market, there were some big challenges in 2013. The debt ceiling debate, you can say the weather has played a very dark picture over the Real Estate Market especially, but those challenges didnt seem to affect optimism. That surprises me, why . I think a lot of purchasers are individuals looking to go into Real Estate Market, what is driving that intensity like event. They had gotten married, they are about ready to have a family, they are getting relocated. Life events continue to drive many of the activities as they relate to real estate. Not withstanding, number the negative perspectives that we have gone through over the last several quarters. Cheryl were going to see Interest Rates go up. I want your outlook for the next few months. If Interest Rates go up with a tapering continuing from the fed, how are the agents feeling right now considering there may be a lot fewer buyers the market because they will be priced out of the market . Clearly we see the rate on an upward trend. This sort of a factual statement the rates are moving up. The other had a 1 increase reduces the average purchasers purchasing power by about 10 . Im not certain ar there getting priced out of the marketplace. The other thing i would say to you, obviously home prices are driven by how Interest Rates or what Interest Rates are, real estate is not recovering on an overall basis uniformly across this great country of ours, so a number of cities and a number of various issues, the numbers have not risen as dramatically and aafordably is still there. Cheryl thank you. Coming up tomorrow, where should you be looking to invest in real estate right now . Their pick and it will come back to debate whether or not theyre part of the country is the right place to invest in real estate. A big loss the uaw leading question marks over the unions future. Rich edson is live with the battleground in chattanooga, tennessee. He has the latest for us. We are at the height of ski season depending on where you live. How are they dealing with the historic drought . The ceo will be with us for his take. Stay with us. [ male announcer ] youre watching one of the biggest Financial Services cpanies in the country at work. Hey. Thanks for coming over. Hey. [ male annouer ] how did it come to be . Yours . Ah. Not anymore. Its a very short story. Come on in. [ male announcer ] by meetg you more than haway. Its how edward jones makesense of investing. [ male announcer ] by meetg you more than haway. See whats new at projectluna. Com like carpools. Polly wants tonow if we can pick her up. Yeah, we can make room. Yeah. [ male announcer ]. Office space. Yes, were loving this communal seating. Oh, its great. Yeah. [ male announcer ] the best thing to share . A data plan. Neat t mobile share value plans for business. Our best value plans ever. For example, you can get 10 gigs of data to share. And 5 lines would be 175 a month. Plus you can add a line anytime for 15 a month. Sharings never been better for business. Business is open for business. A big blow to big labor. A plant voting no. We are live in chattanooga for the latest reaction they are. Conditions need to be optimal for skiing. Coming up, the ceo of Mammoth Mountain with how he is coping, frankly. One town is taking matters into their own hands, literally, with the roads. It is time for the stock business radar. Lee, lets bring you in. You have your first pick today. This is, of course, dutch bank. I am showing our viewers the chart from friday. Talk to me about it. Thank you. We utilize approach that encompasses Growth Stocks and value stocks. We first started purchasing it when it was trading under tangible books. It has been selling off its insurance assets. Now we think it will be more of a pure play recovery. Cheryl that actually is an overall investment. You said european banks overall are something we should keep our eye on for this year. The stress test is ongoing. We do think you will see a difference as far as how they hold up during this process. We do think that there are great opportunities in europe. Cheryl this is where we go into the formal part of your pics. You say it is not just about the 3d technology, but it is about the software that is a big interest to you. We are looking at a pretty volatile one year chart. This has been a very interesting company. It basically allows for the earlier detection of breastcancer. Sometimes as much as one to two years earlier. The former ceo has common to run the company. You mentioned the software. This is a razor razor blade kind of business. Once they start selling the software and upgrading the software, that encourages the margins. Cheryl i do want to show the fiveyear charts. Your last pics is a pharmaceutical. What do you like about this company . Obviously, the biotechs had a great move last year. As i mentioned, we utilize growth. This meant our growth criteria. We think there will be accelerating growth going forward. Bio flex is a job that focuses on collagen bases diseases. We think there could be broader approvals. Cheryl lee bennett, thank you very much. Appreciate it. Buy five stocks that are vanity laced. Workers in a tennessee volkswagen plant rejecting representation. Richardson is live in downtown chattanooga, tennessee with more. Rich they had such unusual cooperation with volkswagen veered the company agreed to an expedited election. It also allowed the uaw to come into the plant and discussed this with workers. They rejected it. As for why, one employee said he simply just did not want to play for a union. If we have an issue, we have the right to go to the department and fight for our own rights. Nobody will fight for me like i am going to fight for me. Somebody else has other answers. This issue is far from over. These nonunion plants are Assembly Plants for foreign automakers. Nissan plants, mercedes plants,. This could continue at this specific plant. They could petition this result with the national labor. It could require a second vote to unionize. They will not respond to our questions. Cheryl that meeting certainly took a turn for the worst. Thank you, rich. Sochi not the corner of the world. Having a negative impact on ski season in california. We will go to Mammoth Mountain. A new push to raise craft brew awareness and not aloha state. Tax season is here. A new federal report finds bridgeport, connecticut, has the highest rates. Philadelphia came in second highest. Milwaukee was third. Japan grew at a slower pace. Less than half of the forecast. They will raise the National Forecast from 5 to 8 . Spot if i is seeking an expert to help it go public. Analysts say spot of five ipo could value the start up that 8 billion. That is the latest from the Fox Business Network. Giving you the power to prosper. Cheryl thick fog adding to the already springlike conditions. Conditions back here in the good old u. S. Of a not much better. Lets bring in rusty gregory. It is great to see you as always. This must be a rough year for you. How are you coping . At least we have some snow. A little late this year. She owns a place. We just rent it. Cheryl Mammoth Mountain is very popular. How is everyone coping with all of this . We are a small town of 40,000 people. It has been difficult on everybody. Business is about 30 down. That outlook is a lot better than it was. It is not easy with the ups and downs. Cheryl you get about one and a half million skiers on average. Are you hoping that things will pick up . Are you hoping you will at least get a couple more storms . We had three5 feet last week. We have had as much is 226 inches in march. A lot of winter left. We are optimistic. Cheryl you got your shades on. Let me ask you about what is happening over in russia. I am curious what you think about conditions over there. How do the skiers handle this kind of thing . Those guys are experts. I do not tell them anything. Five of them are from mammoth here. I spent a good deal of time in sochi. There is a big variability and conditions. It is quite challenging. It is challenging for all of them equally. Cheryl it certainly has been interesting. Rusty gregory, good luck. I hope things pick up. I say go up and give it a shot. Thank you, rusty. Thank you, cheryl. Cheryl west coast minute time. Ford f series is the bestselling vehicle. Toyotas previous is the bestselling car with almost 70,000 sold. U. S. Headquarters are in the golden state. New partnership between mala brew and stone company. Finally, some good news for california farmers. A record harvest this year of wine grapes. Wine aficionados are about to get some good deals. A bitter harvest. That is your west coast minute. A big problem for governments and cities and towns across the u. S. Huge pot holes and no money to fix them. Jeff flock is taking things into his own hands. Jeff long grove illinois. Somebody has to pay. I am in the front seat, actually, i am in the back seat. You are giving these streets literally back to the people who live here. Right. We will ask the residents to help pay for the upkeep. Jeff you have no please. You have no property tax. You love it that way. The problem is, somebody has to fix the road. Right. We do have police, but we contracted them to the county. Jeff it is not a wild west out here. Somebody has to pay for these roads. Exactly. We have not had enough money in our budget. These have been here since the late 1950s. They need some repair. Jeff they just cannot afford stuff like fixing the roads and pensions. Not much you can do. Exactly. At some point, your infrastructure will need some maintenance. Jeff they will have the option to go ahead and fill your own potholes. Cheryl a lot of people are thinking the same exact thing right now. Jeff, thank you very much for that live report. Are you smarter than a 3yearold . Wait until you hear this one. N investor be a name and not a number . Scotade. Ron im never alone w with scottrade. I can always call or stop by my local office. Theyre nearby and ready to help. So when i have questions, i can talk to someone who knows exactly how i trade. Because i dont trade like everybody. I trade like me. Thats why im with scottrade. Announcer ranked highest in Investor Satisfaction with selfdirected services by j. D. Power and associates. Peace of mind is important when so we provide it services you bucan rely on. With centurylink as your trusted it partner, youll experience reliable uptime for the network and services you depend on. Multilayered Security Solutions keep your inrmation safe, and secure. And responsive dedicated support meets your needs, and eases your mind. Centurylink. Your link to whats next. Cheryl she has an iq that equals albert einsteins, the only difference, she is three. The youngest person in the state to join mensa. Her iq is over 160. Believe it or not, the average iq is only 100. Groupon trying to cash in with president s day promotions. It may need a history lesson. There are offering 10 off any 40 purchase. They celebrate president s day by honoring Alexander Hamilton. The only problem here, Alexander Hamilton was never a u. S. President. Coming up in the next hour of markets now, a new plan by new jersey lawmakers to lower the cost of printer ink. That is coming up in the next hour of markets now. Change engineering in dubai, aluminum production in south africa, and the Aerospace Industry in the u. S. . At t. Rowe price, we understand the connections of a comple global economy. Its just one reason over 75 of our mutual funds beat their 10year lipper average. T. Rowe price. Invest with confidence. Request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consid carefully before investing. She loves to shop online with her debit card. And so does bill, an identity thief who stole marys identity, took over her bank accounts, and stole her hardearned money. Unfortunately, millions of americans just like you learn all it may take is a little misplaced information to wreak havoc on your life. This is Identity Theft. And no one helps stop it better than lifelock. Lifelock offers the most comprehensive Identity Theft protection available. If mary had felocks bank account alerts, she may have been notified before it was too late. Edit notification servie is on the job 24 7. As soon as they detect a threat to your identity within their network, they will alert you, protecting you before the damage is done. Lifelock has the most comprehensive Identity Theft protection available, guarding your Social Security number, your money, your credit, even the equity in your home. My years as a prosecutor taught me that we all need to protect ourselves from crime. In todays world, that includes Identity Theft. Its a serious problem. We all have to protect ourselves. [ male announcer ] while Identity Theft cant be completely stopped, no one works harder to protect you than lifelock. You even get a1 million service guarantee. Thats security no one can beat. You have so much to protect and nothing to lose when you call lifelock right now and get 60 days of Identity Theft protection risk free. Thats right. 60 days risk free. Use promo code notme. Order now and get this document shredder to keep sensitive documents out of the wrong hands. A 29 value free. Dont wait until you become the next victim. Sandra we are open for business. Nobody is getting a kick out of this. Kickstarter has been hacked. User information stolen. What is the ceo saying . Sandra a 14yearold who is trying to raise money on kickstarter. What that means for her dreams. Team mattresses. We would like to take a look at the president ial book bob. We are talking about advances of 20 million. Sandra paging doctor tak. Sirius xm users and baby boomers, no need to turn up the radio. We have the perfect gadget for you. Dennis almost daily we do these stories. Startups in documentary films. So much more. Much of the user data was compromised. No credit card payments or Payment Information were stolen. Unauthorized activity was just detected. No passwords for access. It is possible hackers are able to hack encrypted passwords. Especially if they are obvious or week or not unique. Kickstarter responded saying we immediately notified everyone as soon as we had thoroughly investigated the situation. Kickstarter has reiterated that no credit card data has been stolen. The company says it never stores any credit card numbers. Unclear on how many people were affected or who actually committed this, but they are upping security. It is interesting it took five days. That means closing the bridge took a significant amount of time. It is not dissimilar to what happened with target. We willlcontinue to dig. A daily story. It could have an impact elsewhere. This is really the first round funding site that we have seen hack. It continues to breach our trust. What choices do we really have . That is right. That is a risk that everyone decides to take. Dennis thank you very much. Appreciate it. Apple may be venturing into the business of predicting heart attacks. It may determine whether or not you are likely to have a heart attack. Suggesting this is another step closer to the i watch. It would have to be worn on the users body. Apple may be looking to drive into the automotive field as well. Apples head of acquisitions who met with elon musk last year to discuss a buyout. Sandra from the bible to the hunt of red october. Powerful and plentiful. Is there a Major Economic link between president s and books as well . 200 years of Popular Culture in the white house. Thank you for joining us on this president s day. Thank you for having me. Happy president s day. Sandra the First Edition would have cost 615 in todays dollars. About the cost of an ipad today. These were substantial purchases and investments. A lot of the president were avid leaders. It shaped their terms in office. Absolutely. They read these books and they took them very seriously. The idea they got from them help inspire the revolution and promote and foster the revolution. They took them seriously. Sandra the president have a big influence on the sales of books. Ronald reagan called tom clancys the hunt for red october a perfect yarn in 1985. Bill clinton has had big influence. Anything that president obama is carrying today. The president ial book club. The sales go up. This goes back to at least john f. Kennedy. One of those famous instances is with ronald reagan. When he said that thing about it, the book skyrocketed. Clancy died last year, but became a multimillion dollar industry. Sandra the other book is the bible. You wrote that the bible influences many of our president s, even bill clinton during the Monica Lewinsky scandal. Do you think the bible has an influence on u. S. President s or is it waning . Today, there are so many sources of competition. The bible remains of paramount importance. I do not think the bibles importance is going away anytime soon. Sandra president obama. A lucrative book deal could be in the works. The rumor is president obamas memoirs could go in 17 million to 20 million range. Sandra unbelievable. In your book, it is what jefferson read. What kind of influence do you believe social media has on our president s in this day. President obama has 40 million twitter followers. Social media, it did not really exist in the second bush term, now here in obamas term, it is incredibly instrumental. Sandra thank you for joining us. Dennis if you get the seal of approval from either one, you are golden. We have an anniversary to recognize. President obama signed a stimulus into law. Sandra champagne. If you answer champagne, you may be wrong. Thirty times the cost what lawmakers are trying to do about that. We have that next. Sandra president obama signed his 787 billion stimulus bill into law five years ago today. Peter barnes joins us now with more from d. C. Peter the republicans are blasting the stimulus plan today. The white house is fighting back. Republicans say the recovery act wasted money and unnecessarily added to the national debt. The cost of the plant was 830 billion. Some of that money went to Companies Like solyndra. Costing taxpayers 535 million. The plant had failed to reach the administrations goal of about 3. 5 million. And, of course, the plans certainly did not push the Unemployment Rate down to 5 . In this new 70 page report on the anniversary of the stimulus act, the white house uses economic bollard on. It created about 1. 6 million a year. One supporter says the plan worked. Without it we would have been dealing with 6 million fewer jobs in the economy which would have dramatically added to the Unemployment Rate. Without it, we would have had family seeing their income fall even further than they actually did. Peter the president s former top economist said it was impossible to judge the impact of the stimulus plan on the economy because we do not know how the economy would have held up or not without the stimulus plan. Sandra back to you. Sandra thank you for bringing that to us, peter. Peter there will be a test. [laughter] dennis would you believe just one single gallon of the priciest inc. Would cost you a whopping 9600 . With that, you could bite 29 gallons of regular unleaded gas. Lawmakers are proposing a plan to require manufacturers to include the average cost to print. Here now to tell us all about this is bill swanson. Bill, you are well qualified. Thank you for being here. Why is it . It has been this way since printers were first invented. It is so expensive because manufacturers want it to be so expensive. The manufacturers will practically get that printer away for you or to you. The average lifespan that you have that printer, you will be needing a lot of ink. Sandra everybody talks about how expensive this is. Why is there not a competition that enters the market. We will sell this to you way less. Kodak tried that. People look at the immediacy of what they are buying and they compare the price and printer. They determined that this printer is cheaper. They do not think about the lifetime value of it. Dennis we have lawmakers ruling in. To me, that is never a good thing. What are your thoughts on that . It will shed a light on it. We want to help you understand what it cost to print. When you go into one of our stores, they will help you understand. Based upon your needs and what you print. Over the life of that printer, we will help save you money. Sandra our early reaction is, oh, no. You feel that they could actually, you know, bring prices down. They could actually help. They could bring more visibility to it. At cartridge world, we are to do that for you. We recognize that the prices are e in. Remanufactured cartridges . Yes, we do. Dennis how would you respond . Our cartridges are quality cartridges. We would put them up against any other cartridge out there. We encourage you to go into a store and see them sidebyside. Sandra you have eight stores in the city. You are selling these as a thirdparty. You are saying you are undercutting the market by 30 . We are 30 cheaper than the original. Sandra i do not understand why you are not winning the game. People do not know about us. Dennis what tips can you give for people to use less ink . Sandra do not print photographs. We are alright with you printing photographs, as well. There are tools out there. If you want to print something out, you have all the other noise around it, what it does is it gets rid of all the other noise. Come to our store. Also, you can print in draft mode. Draft mode allows you to save ink. It does not look as good, but it helps. Sandra have a phone number people can call. You guys will just drive somebody over. Athome delivery service. Our stores have an icon that you can use. Just click on that. Thank you for this opportunity. Dennis that is a good title. Bill, appreciate it. Sandra we are live on lake michigan. A lake that i know quite well. The coast guard tries to keep the flow of commerce open. Dennis it looks pretty bleak. Forget the drivethrough, it is all about the mobile app. We will be right back. So ally bank has a raise your rate cd that wothats correct. A rate. Cause im really nervous about getting trapped. Whys that . Uh, mark . Go get help i have my reasons. Look, you dont have to feel trapped with our raise your rate cd. If our rate on ts cd goes up, yours can too. Oh that sounds nice. Dont feel trapped with the ally raise your rate cd. Ally bank. Your money needs an ally. Theyre the days to take care of business. When possibilities become reality. With centurylink as your trusted partner, our visionary Cloud Infrastructure and Global Broadband network free you to focus on what matters. With Custom Communications solutions and responsive, dedicated support, we constantly evolve to meet your needs. Every day of the week. Centurylk® your link to whats next. My dad has aor afib. Brillation, he has the most common kind. Its not caused by a heart valve problem. Dad, it says your afib puts you at 5 times greater risk of a stroke. Thats why i take my warfarin every day. But itooks like maybe we should ask your doctor about pradaxa. In a clinil trial, pradaxa® Dabigatran Etexilate mesylate . Was proven superior to warfarin at reducing the risk of stroke. And unlike warfarin, with no regular blood tests or dietary restrictions. Hey thanks for calling my doctor. Sure. Pradaxa isot for people with artificial heart valves. Dont stop taking pradaxa without taing to your doctor. Stopping increases your risk of stroke. Ask your doctor if you need to stop pradaxa before surgery or a medical or dental procedure. Pradaxa can cause serious, sosometimes fatal, bleeding. Dont take pradaxa if you have abnormal bleeding or have had a heart valve replaced. Seek immediate medical care for unexpected signs of bleeding, like unusual bruisg. Pradaxa may increase your bleeding risk if youre 75 oolder, have a bleeding condition or stomach ulcer, take aspirin, nsaids, or blood thinners. Or if you have kidney problems, especially if you take certain medicines. Tell your doctors about all medicines you take. Pradaxa side effects include indigestion, stomach pain, upset, or burning. If you or someone you love has afib not caused by a heart valve problem. Ask your doctor about reducing the risk of stroke with pradaxa. Dennis it is time to make money with charles payne. What do you have for us today, charles . Charles i like boeing. Their guidance was a sliver, a sliver below wall street. They said next year they will deliver 725 planes. I think this was a 735. It went under 130. It is about 130 right now. I am a little worried about certain things. You talk about the next 20 years for these guys. The amount of money. In fact, last week they just said asiapacific alone will be 1. 9 trillion. Airbus has been eating their lunch. They have been doing really well. 82 market share. For the whole Global Market in 1995, boeing had 53 of the business. They have really fallen off bigtime. The stock was very resilient. Charles when you talk trillions and you divvy it up between two guys. Sandra that and it is still the airplane of the future. Boeing has that going for them. Charles i do like the stock. I do think that this pullback was an opportunity. Last month they lost a contract in brazil. It was because of an nsa scandal. You never know where the headlands may come from. I do not see how they come out making a lot of money. Sandra the bitter cold causing the great lakes to freeze at the fastest rate in over 20 years. M tobin is on lake michigan. Mike. It is probably hard to see behind me in these conditions. Lake michigan is almost entirely frozen over. Because of that, the nation now depend on these icebreakers from the u. S. Coast guard with ice on the great lakes nearing record levels, the crew of the icebreaker finds the call of duty as far south as chicago for the first time in their careers with the coast guard. You can see it from the satellite. The great lakes are nearly 80 frozen. Usually they can handle the eyes. This year it is a little too thick for them. We have to bring an icebreaker down to help. Even the weight is often enough. This is where the wind has driven the eyes. It is thick. The big ships cannot get through this stuff. This is why they need the coast guard. When he gets back like this, all the icebreaker to his ram the ice. Sometimes that takes several hours to get a job like this. A key supply that is in great demand right now is road salt. That comes off the mississippi. Given the looks of things right now, i think we will depend on the cruise for some time to come. Sandra mike, amazing pictures that you are bringing to us. Thank you. Dennis mike towbin from the north pole. Pump up the volume. We have the device that could be the baby rumors best friend. Sandra forget record breakers in sochi. We have concrete flooring that is breaking records. We will explain that one coming up. No two people have the same financial goals. Pnc investments works with you to understand yours and helps plan for your retirement. Talk to a pnc investments Financial Advisor today. We are thinkers. The job jugglers. The up allnhts. And the ones who turn ideas into action. Weve made our passions our lifes work. We strive for the moments where we can s, i did it we are entrepreneurs who started it all. With a signature. Legalzm has helped start over 1 million businesses, turning dreamers into business owners. And were here to help start your 800,000 hours of supercomputing time, 3 million lines of code, 40,000 sets of eyes, or a million sleepless nights. Whether its building the worlds most aced satellite, the space station, or the next leap in unmanned systems. At boeing, one thing never changes. Our passion to make it real. Iwe dont back down. Our passion to make it real. We only know one direction up so were up early. Up late. Thinking up gamecnging ideas, like this dozens of tax free zones across new york state. Move here. Expand here. Or start a new business here. And pay no taxes for 10 years. With new jobs, new opportunities and a new tax free plan. Theres only one way for your business to go. Up. Find out if your business can qualify at startupny. Com but when we start worrying about tomorrow, we miss out on the thin that matter today. At axa, we fer advice and help you break down your insurance goals into small, mageable steps. Because when you plan for tomorrow, it helps you live for today. Can we help you take a small step . R advice, retiment, and life insurance, connect with axa. Ashley in the first installment of our dr. Tech series we have a truly remarkable product. It is called a personal sound amplifier. It helps people who struggle to hear properly in certain situations like crowds when there are a lot of mixed noises coming through. What separates our next guests product from the competition it is bluetooth capable, very cool. We have the the ceo. Stavoos, thanks very much for being here. Talk about this product, why is it unique and how does it exactly work . Well it is unique it provides the user control. It allows the user with their smartphone, either in a droid or an iphone as it is going to be released beginning of next month, to be able to fine tune the device to the needs of the, so to the needs of the user. And ashley so, how does that differ from all the other products out there . The, the other products, they are not personal amplifiers that give you that capability. It is a top quality product that gives you all the controls and capability and the only alternative is hearing aids and hearing aids do not really have this capability as of yet. And the price difference is huge. Ashley that was my next question. How much does up with of these devices cost . This device retails for about 300. As compared to products that they cost about 2, 3,000. Ashley and can you wear it in either ear or do you have to be fitted fitted in one ear in particular . Yes, you can wear it either ear or in both ears. It is fully bluetooth device. Have all the streaming. Wear it as a bluetooth device. Wear it in a noise situation where it hassvery good directional microphone to allow you to hear much clearer in noisy situations and also you can stream music through it. Ashley thats fascinating. You know. Its a automatic. Switches between one mode to the other automatically and flawlessly. You can actually make telephone calls automatically and, and you do not even need to have a smartphone. The device operates by itself as an amplifier without the use of a smartphone but the smartphone allows you to huge flexibility and it is about time, in a market where the Technology Gives you this flexibilities, it has to be able to give consumers choices to take advantage of Available Technology and base for two things. Give control to the end user, choices. Not necessarily to go directly to a medical product for, to satisfy the, his needs or her needs. And at the same time, we are able to reduce the costs significantly because we are using the technology of the smartphone and all the hardware available which shares the cost with billions of users rather than just a few million of users. Ashley what is interesting to me, in the hearing aid industry i get the sense that the way forward has been smaller is better because people who wear hearing aids dont want to be seen to be wearing them. So the smaller they are the less obvious they are is better. What is interesting this technology you see on some people just walking down the street. Yes. Yes. I mean. The technology we are using it has, it would be eventually reduced in size. We are coming up with a new product in few months that will actually be smaller in size but the more significant issue here is the Cost Reduction because we are actually using not proprietary hardware which is exclusive to a very niche market. Ashley right. That allows us to actually move completely away to be disruptive. All of my years have been 25 years been chief designer, technologist in big hearing aid companies. I realized there is a huge need out there that be met and give people choices. You dont have to have a problem, you dont go directly to a medical device which has very ashley wish you the very best. We run out of time. Thank you so much, we wish you continued success and well stay in touch. As the technology progresses of course well do updates. Thank you so much for joining us. Thank you. Thank you. Ashley fascinating. Our weeklong dr. Tech series continues tomorrow with a look at a prosthetic arm controlled by implantable sensors. It is Brand New Technology to help amputees gain better control of their new limbs. An army veteran from the governments uniform Services University will be here to talk about it. It is very interesting. Dont miss it. Sandra aigs Hank Greenberg back in the news wheeling and dealing this time. Charlie gasparino is here with the new details on his billion dollar deal next. Ashley coming up in the tech minute, dropbox back up and running in china. Impact on potential users in the world and plus populated countries. Stick around. See whats new at projectluna. Com like carpools. Polly wants to know if we can pick her up. Yeah, we can make room. Yeah. [ male announcer ]. Office space. Yes, were loving this communal seating. Oh, its great. Yeah. [ male announcer ] the best thing to share . A data plan. New at t mobilshare value plans for business. Our best value plans ever. For example, you can get 10 gigs of data to share. And 5 lines would be 175 a month. Plus you can add a line anytime for15 a mth. Sharings never beebetter for business. Sandra time for this hours fox business brief. The head of volkswagens lamborghini brand wants to increase production of the italian sports car which starts at about 200,000. Lamborghini has a twomodel lineup an an suv is slate odd arrive in 2017. Japan grew at a slower pace. Gdp in the worlds Third Largest economy grew an al alizeed 1 pace at less than half the forecast. They will raise the National Sales tax from 5 to 8 . Britains federal fraud agency will charge three former barclays employees for elkdly taking part in manipulation of libor, a key benchmark rate. They are accused of rigging the london interbank offer rate in june of 2005 to august of 2007. No comment from barclays. That is the latest from the fox business, giving you the power to prosper. You can separate runway diculousness. From fashionhat flies off the shelves. And you. Rent from national. Because only national lets you choose any car in the aisle. And go. And only national isanked highest in car rental Customer Satisfaction by j. D. Power. natalie ooooh, i like your style. vo so do we, business pro. So do we. Go national. Go like pro. Ameriprise asked people a simple question can you keep your lifestyle in retirement . I dont want to think about the alternative. I dont even know how to answer that. I meanno one knows how long their money is going to last. I try not to worry, but you worry. What happens when your paychecks stop . Because everyone has retirement questions. Ameriprise created the exclusive confident retirement approach. To get the real answers you need. Start building your confident retirement today. Ashley well, we are now learning that Hank Greenbergs 4. 4 billion purchase of multiplan includes a 1 billion plus bond deal. Charlie gasparino breaking the story here with exclusive details. They announced this deal today. It is a, whatever sandra multiplan. Its a Health Care Services firm. What we do know is this, i wont quite say its a lbo. They are working, Hank Greenberg people at Star Investments working with their bankers at Jpmorgan Chase are essentially financing this purchase. From what i understand it is more than a billion dollars. Could be for the whole 4. 4. I dont know. They dont know yet. This thing is in the billions. I was being conservative when i said one billion plus. Think it will be two billion. That is the reading were getting now unless Interest Rates change dramatically. What you will see here is essentially an lbo which is kind kind of interesting. Why are they doing it now . Good time to borrow. We still have low Interest Rates. We dont know what will happen with the taper. When you have low Interest Rates and some sense from the fed it will not last forever, you start seeing deals like this financed with borrowed money. Ashley why multiplan . What is the big attraction . Hank wants to build a company. What is interesting about this whole thing the deal aspectses of it and well find out about this bond deal in the coming weeks, several weeks, over the next two months. That is several weeks, eight weeks, you will get it. I think that thing will close within the next two months you will see the bond deal. That is the financial aspect of the deal. The political aspect of this deal is pretty interesting. As you know Hank Greenberg is locked in a fairly interesting battle with new York Attorney general Eric Schneiderman is basically bringing a case almost a decade old, started by spitzer and involved greenberg and aig, alleged sham, accounting transactions when he was aig chief. Most of that case has been kept knocked down by the courts except for one charge, one or two charges. And on those two charges, snyder is man is attempting to prevent hank from being owner, director or an officer of a public company. Now what is interesting here is that cv starr is not a public company. Its a private company. When you start getting this much size, you wonder at some point will he ipo and that is why greenberg continues to fight schneiderman on that. I dont have a good read on that right now. Anything that hank said out there publicly what he wants to do, he wants to keep cv starr, cv starr is the Holding Company for starr investments which is buying this. This is affiliate of cv starr which is his new company. He said he wants to keep it private. You got to think, if youre fighting that one thing, with schneiderman, schneiderman dropped all the monetary claims. Schneiderman wants to bar him from being an owner, director or an officer. You think hank may be wanting to come back as public ceo at some point. That may be at the back of his head. Sandra multiplan is no new company or small company. This thing has been around since 1980. Describes itself as most comprehensive provider of Health Care Cost management solutions. They claim to have 68 million customers. This is not a tiny deal. Hank is still a major player. He is no longer at aig but a 4. 4 billion deal on a private company is pretty damn big and thats what you have here. You got to think ashley does this get schneidermans attention . It has got to. Well see what is going on. There is lot of behind the scenes jockeying between schneidermans office and hankss office whether the lead investigator on the schneiderman case, the lead prosecutor violated conflict of interest rules. There is all sorts of stuff going on between both sides. Hank is clearly fighting this guy for a reason. Publicly hank said he wants to keep cv starr as a private entity. You got to think he has public ipo or something in the back of his head this is pretty big. This is big company he is buying. He is developing a big company. Sandra hank is keeping himself busy here, huh. Not bad for 87. Sandra i was going to ask that. Ashley he is 87. We had him on. Ive known hank for a long time. Ashley feisty. Hasnt really lost a step in many ways. Ashley yeah. 10 years ago i worked out with him. He was in his 70s. Sandra did he do onearm pushups. He is Pretty Amazing in terms of what he can do. Yes, great shape, great diet. He brags his mother was around until a healthy 100. Ashley has the genes. He still wants to be a player. So, get back to the finance ago, what were going to see, you know this thing sound like it will be an lbo. Sounds like they buy it leveraged and buy it with cheap money and this thing will close within the next couple weeks. Culminating with a pretty big bond deal i hear. Billion dollar plus. You never know, Interest Rates go against him. Scale it back. Sandra thank you, charlie. Ashley great stuff as always. Thank you so much. Sandra making a run for the border . The new ad lets you order taco bell from the smartphone. That is what we all need, right . Details in the tech minute coming up on that if youre interesting. Ashley talking about a great diet. Pavement power, giving people control of roads in their neighborhood. Jeff flock the man on the street explains next. Sandra oh, my gosh. [ male announcer ] this m has an Accomplished Research and Analytical Group at his disposal. But even more pressive is how he puts it to work for his clients. Morning. Morning. Thanks for meeting so early. Oh, it not a big deal at all. Come on in. [ male annncer ] its how edward jones makes sense of investing. Makes sense of investing. Peace of mind is important when so we provide it services you bucan rely on. With centurylink as your trusted it partner, youll experience reliable uptime for the network and services you depend on. Multilayered curity Solutions Keep your information safe, and secure. And responsive dedicated support meets your needs, and eases your mi. Centurylink. Your link to whats next. Sandra well its been a big problem for governments and cities and towns across america. Broken roads and no money to fix them but heres an idea. Give the roads back to the people. This is exactly with one town in illinois is doing. With more on that jeff block reporting from long grove, illinois. Jeff . Thats right, sandra. Not only do they fix the roads but plow them. On a day like today that is pretty big job as well. Im rolling down the streets of long grove, illinois, with the village president , angie underwood. You have to pay money to fix the roads at some point. Even thoughhyoure about as Libertarian Community as there is out there. You dont have any property taxes. You have your own police force. You do things efficiently as possible. We always had a policy of long grove as minimal government. Everyone takes care of their own. We dont have a lot of Public Services we provide that we dont tax residents either. You put up reasons for privatization. As you point out that tradition of small government, you know, the thing is you used to make money for the roads on Building Permits but there are few lots left to build on. Also the economic downturn hit you pretty good. Money has to come from somewhere, right . Exactly. For those reasons that you just mentioned, we have found ourselves, you know, we relied on Building Permits for so long to help provide a Funding Source that but that is not sustainable now going into the future. Were about built out in long grove. So were to the point now where we have to find another sustainable source. It will be a combination of very small property tax. Right. As well as potentially the privatization. Right. Angie underwood, appreciate the time. Beautiful, snowy day out here. Somebody has to plow these roads and to pay for it. Theyre trying to figure that out best way they can, sandra. Sandra long grove, very beautiful town 30 miles outside of chicago. Historic, country feel to long grove. Thanks for bringing that story to us, jeff flock. This is one for the record books. Los angeles is paving the way for the largest skyscraper in the western United States. Workers spent 18 hours saturday into sunday, pouring 82 Million Pounds of concrete, setting a Guinness World record for largest continuous pour. They also beat a previous record for most concrete cubic yards set in 1919 but the Venetian Hotel in las vegas 1999. The Wilshire Grand Center project will be hotel and office space. Ashley. Ashley thank you, sandra. Time for your tech minute. On cloud nine again, Cloud Storage Company Dropbox back in business in china. The service was blocked in 2010 but there have been sporadic access since. Now it appears full access has been restored. This doesnt however, mean that dropbox will see increase in customers in china. Connection to over seas servers is painfully slow and the Chinese Government is supporting a surge of domestic Cloud Storage service providers. Google gets slick. The internet powerhouse bought a israeli based security startup that uses High Frequency sound waves to streamline a users login process. Strict login says the technology operates through a users smartphone and requires no complex interactions. Users have to place the phone next to the tablet or laptop and will be able log in. Very cool. Post on slick log inns website. Google is working on great ideas that will maybe it safer for everyone. We couldnt be more excited to join their efforts. Terms of deal not disclosed while shares of google are up 50 in the past year. Talk cobell is about to serve up an app for pure convenience. The taco chain will accept orders from smartphones later this year. They began developing the order system two years ago to taylor the app directly to its menu. The mobile operating or ordering app will show the customers location theyre ordering from and menu items and prices and directions. The company is currently testing it at five Southern California locations before releasing it nationwide. Sandra. Sandra ashley, well are you one of these people missing your fourlegged friends while youre at work . A ne device will let you video chat with your dog, and give them a treat while youre at it. We talked to the 14yearold who unvented this coming up next. [ park sounds, sound of spray paint ] we asked people a question, how much mey do you think youll need when you retire . 500,000. Maybe halfmillion. Say a million dollars. [ dan ] then we gave each person a ribbon to show how ma years that amount might last. I was trying to like pull it a littlfurther. You know, i was trying to stretch it a little bit more. [ woman ] got me to 70 years old. Im going to have to rethink this ing. [ man ] i looked around t everybody else and i was like, are you kidding me . [ dan ] its just human nature to focus on the here and now. So its hard imagine h much well need for a retirement that could last 30 years or more. So maybe we need to approach things differently, if we want to be ready for aonger retirement. Sandra dog lovers rejoice. If youre tired of feeling uilty being away from your fourlegged friend too long, then video chat , what is that . Ashley food dispenser. Talk to them and feed them at the same time. Sandra this is how you get on it. It is actually a food dispenser as well. That is kind of key. Joining us is the inventor and founder, she is 14 years old. Her name is brook martin. Also has her father joining us. Brooke, thank you so much. Your father is the coo of your company. Youre chris martin. Hi. Sandra first i want to ask you guys. So far you have received 97 of the your kickstarter goal. Well let you know if you reach 100 during this program. After this weekend, we have to ask you was your account breached . We were aware of the that the fact that kickstarter, the security was breached. We received a email and able to change our password. As far as we know nobody was affected by that so. Sandra good. Yeah. Sandra i totally positived this leading into you. Tell us how this works. Its a device that lets you video chat with your dog and deliver a treat with the push of button from the tablet, smartphone, computer. Whether away at home, work, on vacation and call up your doctor to talk to them. It is twoway audio and video. You can press the button and it deliver as treat to them. Ashley so, brooke, this is great. I have two cocker spaniels at home. Someone comes over and feeds them and walks them. I love this idea. How did you come up with this idea, from personal experience or from hearing other dog owners and what they needs. Did that give you the idea . Really it was both. When i was 12 years old, yearandahalf ago. We got a golden retriever named kala. She had bad separation anxiety. When we leave home she would get upset. I wanted to find a solution that would help her overcome that. I did research and found out it was a pretty big problem in dogs. I wanted to find a solution for owners to connect with their pups while theyre gone. Sandra what is the cost involved here, brooke . Im sorry what . Sandra what is the cost involved . How much do i have to pay to be able so access my pooch . It is 149. 99 msrp. You will be able to download a free app on the smartphone from the google or apple app store. And, so you can just go on and the msrp is 149. 99. Ashley all right. Chris, we have to bring you in here. You must be awfully proud of your daughter. When she came to you with this idea did you ever think a short time later you would sit in a studio in spokane, washington, talking to fox business studio in new york . Give me your perspective all this. Certainly changed my Job Description as a parent. Definitely keeps expanding. No, we didnt anticipate that it would grow into this. It started out as brooke said, to find a solution to help her dog. She also participated in an event called startup weekend in spoke can. Out of 40 people that pitched. 39 and brooke, brooke got the most votes presenting her idea. That is launched journey, brooke getting a lot of feedback and input from professionals throughout the Spokane Community that mentored her throughout this process. It is amazing journey. Were proud to lawn of the product into the marketplace next couple minutes. Sandra this is huge thing. Thanks for bringing the story. We have to leave it there, five years from now where do you think this company will be . You know, im just really excited to see whats in store for the company. I think it will be really cool to be able to walk into a store and see it sitting on the shelf space. Ashley yeah. I think it will, you know, get really big and hopefully dog owners everywhere will be able to use this product. Sandra thats great. Brooke and chris martin, thank you so much for bringing that story to us. Thank you. Ashley congratulations. Great stuff. Adam shapiro is in for Melissa Francis today on money. Adam, what have you got going on today . Well talk about all kinds of things. Obviously uaw vote. Well talk about where you should invest if you like the way teenagers spend money story get abercrombie fitch, weve got latest fix. Right now the competition is asleep. Were working harder than ever here on money. We have you covered with the biggest stories that will shape your week it is your cash on the line because even when they say its not it is always about honey