Michael live from his farm in new york state. We are also joined by the university of washington scientist, dr. Angela rasmussen, who currently works in a genomics lab. We have the author of, cloning after dolly. Who is afraid of human cllning. Dr. Gregory pens. Michael, you are surrounded by pigs tonight. I cant imagine anyone better to ask, what do you think about cloning pigs, good or bad . I think anytime we do genetic modification to something that can be in the food stream we need to be really careful about it. Hopefully this is just for Scientific Research and that it is not intended for, to be used as meat but anytime were doing genetic modification, especially with an animal so close to humans like a pig i think we need to be very cautious. Melissa doctor, what do you think about that . You have written a lost books about the topics. I think i think eventually cloning pigs it is vent lay for consumption, is that safe . I predicted 10 years ago we were sleeping so scared about biotechnology and cloning and again net i cannily modified food the pacific rim countries would leap ahead of us and they have. They sse us as a bunch of puritans overly scared about embryos and. They are doing Amazing Things over there. And we are so far behind now. Melissa does that mean you think it is safe to consume cloned pigs, dr. Pens . Absolutely. A pig, is a pig, is a pig. The fda has pretty much known, most scientists agree that cloned food is safe. This is just, especially people on the organic food side are trying to scare us but there are some other bigger issues going on especially from a financial point of view. Melissa dr. Rasmussen, what do you think about this . Do you think it is safe to consume cloned pigs and you think were falling behind by not doing it right now . Yes, i actually, i agree with that. I think that cloning pigs themselves and not making genetically modified pigs is probably fine. The technology has been around for over a decade. The real innovation by this group in china is actually the mass production of this. So, i think that if we were to clone pigs for human consumption they would be just regular pigs. A pig is a pig is a pig. Point it is safer thanke the genetically modified pigs . What is the difference to you, dr. Rasmussen . I actually dont think genetically modified kids would be unsafe to eat but however they require additional testing. Some of the advantages having genetically modified pigs, you could increase productions and decrease some of the health risks inherent in raising pigs. For example, you could engineer pigs to be more disease resistant. You could engineer more consistent products. Eventually you would make it so it was cheaptory produce and cheaper to feed many people. Melissa michael, what do you think about all that . Youre standing there in a field of pigs. You deal with these little guys or gigantic guys every day. What do you think it would mean for your business and what do you think the two doctors would say . Looking at some of the articles about this, theyre a necessary sizing the pigs to do embryo implants. It doesnt seem to be a cheaper form of, of pig producing. Pigs are very prolific breeders. Litters between six and 14 pigs per, per cycle. So its, not an, the theyre very prolific, so i dont see there is a big cost savings. I think from a scientific and competency, being able to clone and having that capability is, has an advantage. And having a uniform pool for scientific testing has an advantage but i dont see any advantage in having identical pigs. Melissa michael, of course Animal Rights groups are up in arms about this. What do you think about it from a Animal Rights perspective, michael . You know, i dont see a, as long as, as long as the pigs are treated humanely i dont see a problem from an Animal Rights point of view. But theres another another thing to think about. Melissa dr. Pens, go ahead, what do you what were you going to say . There is great uses. We can clone endangered species. Frozen zoo preventing sees spease from going extinct. In egypt theyre cloning price dairy cows to. And this is tool and a tool is a tool is a tool. We need to keep all the tools on the table. Melissa dr. Rasmussen, what do you think about that . Do you agree . I agree, i think farmers like michael could potentially in the future use some cloning techniques in addition to instead of traditional farming techniques. Melissa why . He is looking at it from a cost perspective saying it is already incredibly cheap to have these animals reproduce. Do you think that it could be a cost savings over time . The show is called money. We want to look at that angle. I do think it could be a cost savings over time. Im not personally versed in the ins and outs of daily pig breeding by making things like more disease resistant pigs you cut down use of antibiotics. You would presumably get larger litters. And get more healthy and robust pigs an ultimately get a more consistent product going out to supermarket to feed people. Melissa thanks all three of you. It is interesting topic. It is cuttingedge. Theyre doing it in china. No doubt it will come to the u. S. At some point. Thanks for giving information your time. The Academy Award nominations are out and are they really worth their weight in it . Two entertainment experts crunch the numbers in spare change. What is the cost to campaign fors car and is the return worth it . More of that coming up. We have a discussion where there is clear solution to everyone. Its a discussion you cant afford to miss. Forget robocop. The police in texas are fighting the states toughest criminals with jawdropping gadgets that rival the most fantastic videogames. More money, not as many pigs but more money coming right up. 2009. On the u. S. S. Saratoga in 1982. [ male announcer ] once its ened, usaa Auto Insurance is often handed down from generation to generation. Because it offers a superior level of protection. And because usaas commitment to serve current and former miliry members and their families is without equal. Begin your legacy. Get an au insurance quote. Usaa. We know what it means to serve. Smoke . Nah, im good. [ male announcer ] celebrate every win with nicoderm cq, the unique pat with time release Smartcontrol Technology that helps prevent the urge to smoke all day long. Help prevent your cravings with nicoderm cq. Melissa so hows this for a new spin on the wage wars . Emerging research suggest that is large corporations are cheating themselves out of profits by failing to increase employee pay. In fact one study found that for every dollar added to the payroll, a company returned 10 in revenue. Hmmm. I dont know about this. Will this appeal to the bottom line convince companies to pay their workers more . We have the author of the new book the good job strategy. Thanks so much for joining us. Why do you think it increases a companys bottom line to increase their pay . It is counter intuitive . Let me first mention, melissa, thanks for having me, that the good jobs strategy i identify is not just about paying employees more. It is about operational excellence. When i study ad group of companies, highly Successful Companies that were thriving financially while offering low prices to their customers and great jobs for their employees i found that they were making some very smart operational choices. So, for example, all of these companies offered their customers fewer products than their competitors do. Melissa fewer products . Fewer products. Yes, they offered less to their customers. My local super market, for example, offers 110 types of yams. My local store offers 13 types of jams. Fewer products increase the companys bottom line, can help customers get low prices and Great Service and can make employee jobs better jobs n my book i identify four choices like this, offer less. Standardizing, power, crosstrain and operate with slack. The good job strategy is not just about paying employees more or treating them better, it is about getting operational excellence. Melissa paying them more plays into that obviously. Absolutely. Paying more melissa do you think the strategy would work for walmart, for target, more mcdonalds . You know this kind of strategy, one thing i didnt invent this strategy. I observed it at highly Successful Companies and i observe it at large companies. So costco is one of my model retailers which is a huge retailer. American doughnut is spains largest supermarket chain. All of these companies i want to emphasize they compete on basis of low cost. It works for them. Melissa you would think it would work at target and walmart if they paid their employees more and offered fewer products . Both those things seem to fly in the face of the way theyre doing best and they seem like theyre doing well but do you think it would work in those cases . Look, there are different ways to make money. Companies can make money offering bad jobs and numerous products and they can make money offering horrible Customer Service. Melissa right. But they can also make money offering good jobs and following the good jobs strategy. What i saw good jobs strategy is much better strategy. Melissa how did they pay for this . How did they pay for having fewer products and paying their employees more . Did they have to raise their prices . Yes the prices are absolutely not higher. And the way they do this is because their employees are a lot more productive. Their costs are a lot lower around their employees, ill he will you play much bigger role generating profits. So higher prices and then, are the customers, i mean im sorry, somebody was talking at that moment. You said it is higher prices, right . Oh, not higher prices. No. It is not higher prices at all. Melissa where does the money come from then . How do they pay employees more with fewer products . If the prices are not higher where does the money come pro. Because the employees are a lot more productive. Employees can actually reduce costs. Employees when they perform their costs they dont make errors. They do it faster. They do it better. One of the things, bad jobs Cost Companies a lot more than they realize. Take a typical supermarket for example. There are thousands of product that is need to be shelved. There are lots of promotions need to be carried out and thousands of customers that need to be served. When you operate in this environment with employees who are either unmotivated, inexperienced or just too few in number there are operational problems and Customer Service problems. Melissa i mean the market, the market being what it is, if this is a more successful way to operate in these companies that you observed are making more money then why isnt everyone doing it . Well melissa does it not work in every industry . Conventional wisdom in business, melissa, if you want to achieve the lowest prices, you have to pay your employees as little as possible and treat them as a cost to be minimized. Of course if you want to make money at the same time. That is not to say that companies always make great choice, right . Companies can make choices just like people can make bad choices. We all know that exercise something great for us but regular exercise requires, you know, a longterm view, commitment, discipline, hard work. Good job strategy is a better strategy but it too requires longterm view. It requires hard work and discipline. Melissa real quick because were out of time. Would you say its a free market. If this is a Better Business practices businesses are free to do it right now. Theyre also free to not do it and take their chances. Do you think it should be federally mandated the minute pump wage would go up . Does it impact your outlook . Employees are not attracted to more stores because they are being paid more and minimum wage is higher. But theyre getting a a raw deal they think if you raise the minimum you understand what im saying . If the minimum wage were raised i think they would be encouraged with my good jobs strategy. They would look for way to improve productivity of their people. I think increasing minimum wage could benefit not just employees who would actually have higher wages but also companies and their customers. Melissa or places like costco would have to pay even more to differentiate themselves and pay more than the minimum wage i think. Thanks so much for coming on. Interesting stuff. Interesting research. Thanks for having me. Melissa next on money. Real predictions for Real Estate Market this year. Forgets new york city housing boom. Wait until you hear what our experts say to put your money. Give you a hint. Somewhere in the south and i bet you are going to be surprised. Starting to look a lot like men in black in texas. Cops down there are getting a hightech makeover just like the movie and they are fighting crime with pretty unique gadgets. Stay where you are. Do you ever have too much money . Me announcer ] this is the stor of the dusty basement at 06 3h street the old dining table at 25th and hoffman. And the little room above the strip mall f roble avenue. This magic momt it is the story of where every great idea gins. And of those o believed they had the power to do more. Dell is honored to be part of some of the worldgreat stories. That began much the same w ours did. In a little dorm room 2713. This magic moment open to innovation. Open to ambition. Open to boldids. Thats why n york has a new plan dozens of tax free zones all across the state. Move here, expand here, or start a new business here and pay no taxes for ten years. Were new york. If theres something that creates more jobs, and ows more businesses. Were open to it. Start a taxfree business at startupny. Com. Were open to it. So ally bank really has no hthats right, no hidd fees. Nt its just that im worried about, you know, hidden things. Ok, whys that . Well uhhh. Surprise um. Well, its true. At ally there are no hidden fees. Not one. Thats nice. No hidden fees, no worries. Ally bank. Your money needs an ally. Melissa its a new year for housing. Foreclosure activity dropping to a sixyear low as the Housing Market starts to rebound but is it here to stay . My next guest is predicting a cooldown for the market this year. Joining me the executive Vice President at auction. Com. Why do you think well see a slowdown this year . The biggest single reason is jobs. There simply arent enough jobs. There is usually inflection point, somewhere between five and 6 house unemployment rate, where housing sales go up and down where the jobless rate is going. Even our employment numbers better is a bit of a mirage. What we should follow is Labor Force Participation rates. There are 3 million fewer people in jobs than would be under normal circumstance. Melissa Labor Force Participation rate is basically at an alltime low. Cooling in the market, there will be a slowdown in the pickup or is it actually negative . No, that is a great question. It will be a slowdown in the uptake. Well probably flat line in term of properties sold, five million existing homes, 4 to 500,000 new homes. Home prices will slow down significantly. I dont think well see a dip but maybe growth at 3 to 4 rate as opposed to double digits you saw this year. Melissa do you think mortgages will stall as well . That is other reason we think housing will challenged there this year. Hard to get a loan. Melissa still . It is actually worries right now. The Mortgage Bankers association downgraded forecast for number of mortgages issued because of early returns what is happening with the new rules from the cfpb. That much harder for people to get loans. Melissa we have a new head of the fhfa, former congressman mel watt. How does that change things . It solidifies the governments role in the mortgage industry in the foreseeable future. Melissa thats too bad. Too bad on the one hand because we would like to get private capital back. It is maybe a Necessary Evil because it keeps rises more affordable. If private capital comes in the prices would go up. Melissa it is but government in the market first place and doing all the loans and fhfa continued to back mortgages with 3. 5 down when banks were beaten for doing the very same thing. That is big reason we got into the mess in the first place. Makes me feel like there is hazard in the Housing MarketGoing Forward and government getting more inside of it. I cant imagine that you say that. I cant think of anything the government is involved in that isnt screwed up. Melissa they do a great job. Robert schiller said last year the Housing Market was not a great investment. Was that too dramatic . I think it was overly dramatic. He talked buying a house comparing to buying a car which i thought was interesting met at that pour. Melissa it comes closer to the truth though. It overdoes it but car is deappreciating asset. Everyone always thought a house was definitely an appreciating asset. I think his point was you dont buy a house as investment any longer. It has to make sense as a place to live and look at monthly cost versus renting. Is that still true . Yeah. Melissa because people are out there buying houses again to make money. Two answers for you. One, if youre looking for a place to raise your family, dont look as a house as investment. It is really not. Its a place to live. We got into trouble when people started looking at a house not to place to park their car. Melissa as the stock market. A place to park their money. People got in over their head. There are investors in the market today and they will profit on properties. Doing it twoways. Buying and flipping them now. Or buying and holding as rental properties which is prevalent investment strategy. Melissa is that smart . If you know what youre doing a great way to make a return. Melissa to know what youre doing, what does that mean . You have to understand what . You have to understand what your return rates will be. What is the rental market like in your area. You have to know what prices you will get on monthly bases so you know how much you can pay for the house. Factor expenses and maintain and do up keep on the property. There is a lot of Little Things that go into it. Again for people that do the homework and educate themselves and know what theyre doing. Melissa would you do it in memphis and atlanta . I dont want to let you go. Those are hot markets in the mark. Theyre not doing coast anymore. Not doing arizona. Theyre moving to places like atlanta and memphis in the south. Melissa interesting. Thanks for coming on. Great information. Will you come back. I would love to. Melissa great. Police department are using new device that is records what happens on routine stuff. The cool new point of view cameras show everything from the Police Officers perspective when they pull you over on the road which happens to me all the time i got to say. Fox news channels casey stiegel in fort worth, texas with more. Melissa the Fort Worth Police department currently has about 145 of these tiny cameras out on the streets being used. Small enough that it is only about the size of a tube of lipstick so it can be mounted on their shades, for example, or on their uniform. It is blue teeth enabled. So it can stream video from what the officer is seeing to a device, tablet like this for example. Im looking off in the distance. You can see the police car is there. It is of course going to a secure server where is being archived and department can access it. More than 20 Law Enforcement agencies around the country are currently using a system like this. Take you to lake havasu, arizona, for example. In june of las year, cameras rolling when a suicidal man with a gun was tased, fell in his swimming pool. The officer went in after him, proving the system is waterproof. And his partners camera also captured the same event. Another example for you, in laurel marylander. Look at this, a woman suspected of driving drunk, speeds off in the middle of a traffic stop. Officers jumping out of the way but they later nabbed her. The police chief here in fort worth, telling me these cameras not only can be used as evidence in court later. But they hold officers more accountable when their actions and conduct is being filmed from their person. We know daily there are struggles that our officers are facing and really this gives us to showcase their viewpoint. It is literally a millisecond of a decision frame model they get into for life and death situations. Police union here in fort worth supports the cameras. The 145 or so on the streets now cost about 680,000. Not a cost to taxpayers. It is money that is seized from drug dealers and also at crime scenes. They hope to have about 500 of them deployed within the next two years. The company that makes Police Tasers also makes this system. Melissa . Melissa wow. Very neat. The drug dealers paying for the cameras. That is ironic. Up next so you landed yourself an interview, what next . Would you sit through the whole thing listening to your ipad . How about popping your dentures out on the desk when youre discussing benefits . You wont believe the things some people have actually done. Tweet me and tell me what you think. What is the worst interview you ever went on . Who made money today. The Family Restaurant kids go crazy for and they landed themselves in a big pile of hot, gooey cash. Piles of money coming right up. [ cellphe rings ] hello . [ male announcer ] over 12,000 financial advisors. Good, good. Good over 700 billion dollars in assets under care. Let me just put this away. [ male announcer ] how did edward jones get so big . Could you teach kids that trick . [ male announcer ] by not acting th way. Ok, st quarter. [ male announcer ] its how edward jones makes sense of investing. Legs, for crossing. Feet. Splashing. Better things than the joint paiand swelling of moderate to severe rheumatoid arthritis. If youre trying to ma, now may be time to ask about xeljanz. Xeljz tofacitinib is a small pill, not an injection or infusion, for adults with moderate to severe ra for whom methotrexate did not work well. Xeljanz can lower your ability to fight infections, including tuberculosis. Seris, sometimes fatal infections and cancers have happened in patients taking xeljanz. Dont start xeljanz if you have any infection, unless ok with your doctor. Tears in the stomach or intestines, low bod cell counts and higher liver tes and cholesterol levels have happened. Your doctor should perform blood tts before you start and while takinxeljanz, and roinely check certain liver tests. Are common, and if you have had tb, hepatitis b oc, or are prone to infections. Tell your docr about all the medicines you take, and if you are pregnant, or plan to be. Taken twice daily, xeljanz can reduce th joint pain and swelling of moderate to severe ra, even without methotrexate. Ask if xeljanz is right for you. Theres nothing like being your own boss and my customers are really liking your flat rate shipping. Fedex one rate. Really makes my life easier. Maybe a promotion is in order. Good news. I got a new title. And a raise . Management couldnt make that happen. [ male announcer ] introducing fedex one rate. Simple, flat rate shipping with the reliability of fedex. The bad Job Interview. Weve all been there. The sweaty palms, fidgeting in your seat. A respondent use reenactment of star trek. One person has done that. Career building unveiling the all time worst interview mistake. Im afraid to report spock tops the list. Our panel is here to dish it out. Career expert, ellen, and bob north who has interview tail of wow. And jeff, who has been on both sides of the interview im the third scientist. Yeah. Thats right. Live long and prosper. Gleam melissa what is your worst interview . I was being interviewed by catholic organization. I said, yes, im catholic and the have the emotional scars to prove it. All three interviewers looked at me like this. [laughter] melissa im not sure it was well advised. What makes you think it was a good idea . Ive made it a million times. Melissa is it ever well received . Always. I shouldnt have done it to fellow catholics. Melissa telling jokes in general, good, bad . It depends on the situation on the timing. I think if you establish are a port and sense a situation is okay and its a relaxed culture. Its okay. But you have to be sensitive about it, and certainly showing your personality and authenticity is okay. The problem with telling jokes a lot in the interviews, they dont think you take it that serious. Melissa i think you are relaxed and shows you are fun. That and melissa, i mean, that fun on an interview especially if its with Law Enforcement or something. It does need to be measured and the timing has the timing of the joke or the timing of the when you start. Melissa what about you . What is your worst . The worst interview story was ever the interview was going great. They took me out to dinner. I knew was in the bag. I tried my favorite story. I once had lunch in a crack house. I thought it was going a good story. It was a good story. Melissa how is that . Im trying to imagine. I was trying to establish the fact i was doing outreach work and delivering peanut and jelly sandwiches. U unfortunately i got a cold shouldered stare. What the heck, were hiring a crack head. Melissa what kind of job . Marketing and advertising job. Its just like, that pointed out something to me about the Job Interview process. You need to always have a strategy about everything youre saying. Even the personal stuff. They want to find those elements. They want to find out who you are as a person and how you perform under stress. So you to be a strategy how you reveal it. Everything has to be carefully thought out. Theres another point to that. If you get through the interview stage, and they take you out to dinner, shut the hell up. [laughter] melissa wait. Some of the other big mistakes that we came across. Behinds in star technical. And answers a phone on the interview from a competitor. Can you imagine that . This is hang on. Thats too much money. I cant possibly take that [laughter] applicant arriving in aing joking suit because he was going running after wards. I work out asking for a hug. You have someone who is a little too personal. Yeah. Absolutely. I was interviewing a candidate. It was completed we walked him out. He came back four more times asking to speak to different people on the team. Thats not good. That candidate obviously didnt read the situation well, and, you know, didnt melissa you scraped them off. It was. According to 55 say appearing disinterested. So that is kind of the right. I think thats a big one. When i interview its more often that candidates seem disengaged or dont show their passion or interest in the position than the opposite. And so my advice is always to show your personality, show the things youre really interested in, and not to be afraid, you know. Melissa thats why it does. Melissa trying to get personal. Telling your crack stories. Telling your catholic jokes. You do want to you want to show a little bit you want to show interest. You dont want to show you are desperate. You want to show you are interested in the job. I once had a candidate say to me i was interviewing, listen, im not so crazy about the job but i need the money. Well, you know, youre saying a cyclist. Maybe you can get a connection. Maybe you can get a connection with somebody who is also a cyclist on the other end. But the reality is, you need to have a deep strategy in term of what youre revealing about your personality. That could potentially affect how people are hiring. If youre going for the executive director of a charity for cancer, you want to make sure you tell the story about how your grandmothers cancer made you a lifelong advocate for the cure. Melissa one of the biggest things talking negatively about your Current Employer was a turnoff. At the same time if you say, i love them its a great job. You seem disingenuous. Why are you still there . It is time to move on. I just felt it might be a better fit. If you are badmouthing the other employers, all they need to think about in a couple of years are you going to be badmouthing us . And you have no loyalty. You would be surprised how many candidates do that in the interview. Bad mouthing their previous. Melissa really . Its a it leaves a negative taste. Every bridge ive burned had to rebuild as much pain and effort. [laughter] sometimes the employers will bad mouth the competitors. Dont fall for that. Dont fall for that trick melissa thank you to all three of you. Coming up, you either love it or hate it. Its making waives waives with the original business model. Look closer at the price tag. You may think its taking the customers for a ride. We are all fired up for the uner debate. At the end of the day. Its all about money. [ male announcer ] e new new york is open. Open to innovation. Open to ambition. Open to boldids. Thats why n york has a new plan dozens of tax free zones all across the state. Move here, expand here, or start a new business here and pay no taxes for ten years. Were new york. If theres something that creates moreobs, and ows more businesses. Were open to it. Start a taxfe business at startupny. Com. Were open to it. If. Hey breathings hard. Know the feeling . Copd includes emphysema and chronic bronchitis. 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 door if you have kidney problems, glaucoma, trouble urinating, or an enlaed proate. Discuss all medicines you take, these meven e drops. H spiriva. 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. Otr side effects include dry mouth and constipation. Nothing can reverse copd. Does breathi with copd weigh you down . Donwait to ask your doctor about spiriva. The its easy. I like i dont have to use some other method of payment. It happen right at once. Yeah. Ive used it. Its problematic. Very problematic. Free market. People willing to pay, why not. I thought it was great. It was a freezing cold day. I was too late hail a cab fairly easily. Melissa would you pay 175 for twomile car ride in a blizzard . How about on new years eve. The car service app usher, which allows do you hail a car from your phone is counting on it. They are charging up to seven times the normal price at peak times in cities around the country. Not everyone is happy with how they are jacking up prices. Is uber just capitalizing on it or driving customers away . Here to debate it is Market Strategies a fox business contributor and the wall street journal james freeman. What do you think . Scott, are you a lover or hater. Do you think its a revolution or fad . I love it. I think its a revolution. And full disclosure, melissa. I took a uber down here today. Its great [laughter] you talk about the free market, i mean, how cool is it to, you know, pick up your phone, which we are all addicted to anyway. Hit three buttons, and five or 10 minutes later you have a cab outside waiting to take you fox business. Were talking about it. Its new jersey nigh but in cities around the country. They make a market in cabs. What is revolutionary. They are matching discrete people on the side of the road with drivers buzzing around trying to pick up passengers. They allow you to do it on the phone. You sort of pay what the asking price is. A lot of people are complaining theyre paying 400, 500. I love it as a market experiment and love they are challenging incumbent companies and despite a lot of resistance from government, they are really its admiral the way they keep swinging away. What i question is, whether this is actually the way to develop brand loyalty to build a company for the longterm. It youre saying that we have this business, and when you when you really need us, new years eve, snowstorm. The price is waver the market will bear. Youre saying the New York Stock Exchange selling car services. Youre not a car service. Melissa right. I think that reliability, dependability issue may be a problem. Melissa i think competition may solve this. I wonder what you think. Ive been talking to drivers who are frustrated with the service and frust rated with the way theyre dispatching. Other Car Companies are ripping off the model now. Other Car Companies are seeing its a more efficient way to match a driver nearby with a passenger who needs a ride rather than the normal way of calling to a Central Office and sending drivers out. It takes forever. This is efficient. Theres no barrier to other Car Companies doing this. So it seems like uber as a business could be in trouble. Scott . I dont know if theyre in trouble, melissa. James is getting out the market more free or efficient. The more competition its going to be good for everybody, and good for uber. They dont maybe lose the customer gleams its not good. Theyre gouging right now able to charge a huge driver. They fire drivers and say its going to be seven times the rate if you want to get picked up. Fair enough. In that case, they lose the customer and the customer doesnt come back because theyre mad. Listen, if uber gets the prices down to where its palatable for the consumer, thats going to be great. Its going to be the market or the drive they want. Jntioned broad to bear market. Forget bears. How about kit tens. They do cool things Like National cat day. They do a promo for cats in the car, the christmas delivery service. It creates buzz. I should say the uber has more discussion success than i have. If kitten way is build the company. More power to them. Again, i love this as an experiment. I think government ought to get out of the way and threat happen. But melissa, i think you raise a good point. If were looking at it as a business melissa right. The original argument is we have great technology, a better mouse trap. Melissa they do. Its easily ripped off. I wonder who else can do this. Besides even car services. I mean, couldnt you do it for plumbers when somebody has, you know, a flood in their house and they couldnt you do it for lock smiths. Any service professional. It could be a revolution. Thats where uber is going. It makes you wonder about the premise of where your car service. They basically want to be the broker, the exchange, the market melissa and take 30 . Local transportation. Melissa yeah and take a 30 fee. We are out of time. Thank you for coming on. We appreciate it. Good stuff. From every corner money has been flying around the world. Starting in china the Country Central Bank stepped up the purchases of u. S. Debt. Now hold the record amount. Chinas holding of treasury has surged to an alltime high. Its an 11 increase from a year before. Its the big jump. How reliant the u. S. And chinese economies are on one another. Despite any sort of political tension. Over to dan, vancouver, they are being phased out of existence. Crazy. Officials in the canadian city decided they just arent cut out. The job is opening and closing doors anymore. They ordered new homes to install levers instead. Latch handles are more friendly. Vancouver isnt alone. They are considering a ban on door doorknobs. Who knew the dangerous doorknob. Landing in afghanistan. Opium production is soaring to new heights despite efforts by our government. Afghan farmers are producing more of the drug than ever before. And the number of poppy plants being cultivated illegally is at the highest level in modern history. U. S. Has spent 10 billion trying to stop it. Money well spent, obviously. Its that time of year. The Oscar Nominations are out. You wont believe how much it really costs to get yourself one of the goldened statutes. Were breaking down the numbers when you get back. You can never have too much money. Or too many oscars, obviously. [ male announcer ] this is the story of the little room over the pizza place on Chestnut Street the modest first floor bedroom in tallinn, estonia and the southbound bus barreli down i95. This magic moment it is the story of where every great idea begins. And of those who believed they had thpower to do more. Dell is honored to be part of some the worlds great stories. That began much the same way ours did in a little dormoom 2713. This mag moment this mag moment so ally bank has a 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 this 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. It is time for a little fun with spare change. The nominations are in. And the winner is pretty expensive, actually. Its no secret that all hollywood buys to win the coveted award. You will never believe how much they spend to get it. Is it worth all the cash . Just to have the gold chute. In touch weekly and fox news own joins me. You always hear around this time that people talking about how much a studio campaigning for the oscar for a various film. What does it mean . What do they do, kim . Yeah. An Oscar Campaign is like a Political Campaign in some ways. You want to get your film out. You want to get the actor and actress out there. They want to do a lot of interviews inspect time of year you start seeing a lot of actors that maybe you dont often see do interviews. Im on red carpets all the time. Melissa do they get paid for that . Well, no. The actors dont but obviously if a film gets an oscar nomination or the film wins the oscar. It could mean a lot of money for the studio and good for the actor or the director. Can easily get a movie made again because they have the credibility of having an oscar. Melissa what im getting at, i know the studios pay a lot of money. They spend extra money at this time of year. Yes. Melissa to try to get their film nominated and to win. Obviously, it means a lot of box office. Someone wins best picture they see it. What do they do that cost money . Everything. Paying for money for ads on a tv and papers and whatnot. For example, back to the year 2008 slum dog millionaire by the time the nominations came out it grossed 40 million. After the awards it grossed 140 million. By getting the nominations you getting the film out there. It is often well worth it. Melissa they take out ads and send out screenings. Which i wonder what is the cost of that . Kim, im a member of s. A. G. I received all of these movies in the screeners. And people pass them around. You see them on ebay. It strikes me theres a real cost to sort of flooding the market with your screen. Is there a drop in the bucket . Yeah. I mean, the screeners are certainly an expense. Its also the screening that you set up. You have to rent out the theater and invite Academy Members to the screenings where you do a q and a after the screening. The ads. Even here they had i was thinking back to last year with argo. There was thats where a lot of voters are here in l. A. You have things like that. Tv ads you are taking out. Releasing the film. A lot of films were released a couple months ago. They come back out in theaters. Its a way to get the momentum out there, again, for people. You dont want to peek too early. Maybe the the butler peaked too early. does spending work . Absolutely. That film may under 15 million at the box office. They appear to have no real chance of winning. The studio spent about 5 million campaigning. It came out of nowhere and beat out avatar for best picture of the year. Melissa what did they do for the 5 million . Sure. The screeners, the ads, whatnot. It all worked out beautifully. There was a spend money targeting the journal journalists. You cant buy a journalist. You can. Absolutely. Melissa what do do you . Im invited to lunches all the time. I get screeners and various gifts. Its funny, you cant help but feel some sort of impact from that. Melissa the screener spends a lot of money and you work hard and you hate the movie. Are you honest . You look for the good things in the film and certainly were all human and can make a difference. The journalists are targeted. Kim youre in l. A. Right now. Who is really campaigning right 1992 . Who is working so hard to get is it american were hearing a lot about. Well, im so partial. I love american hustle. They were all over the golden globes. I was just there. Certainly you saw the actors doing interviews. A great director a lot of people should have won for Silver Silver linings playbook. You center to get to the events. The golden globes. Melissa very fun. Who made money today . Theres a hungry private equity firm on the prowl and the allamerican chain just got itself a Million Dollar paycheck. Dont move. You can never have too much money. [ female announcer ] who are we . We are thinks. 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. Th a signature. Legalzoom has helped start over 1 million businesses, turning dreame into business owners. And were here to help start yours. Return on investment isnt the only return im lookig foard to. And my parachute definitely isnt golden. [ male announcer ] for some, every dollar is earned with sweat, sacrifice, courage, which is why usaa is honored to help our members with everything from investing for retirement to saving for college. Our commitment to current and former military members and their families is without equal. Start investing with as little as 50. Whether on wall street or main street. Were going start with who lost money today. Anyone in best buy. The stock got annihilated today. They reported a sharper drop than existed existed in christmas sales. Investors fled and shares dropped the most in 11 years. Best buy stock closed down nearly 29 wow. Best buy founder must be feeling the pain he owns 53 million shares of the company. He lost 6 77 million. Not a good day. A lot of money today. Casino billionaire it turns out the exwife of winn resort owner bought the most expensive painting. She spent over 140 million on the francis basin work. But her identity wasnt revealed until now. The purchase shouldnt have put too much of a dent in her bank account. She said to be worth nearly 2 billion. That must be nice. Making serious money. Familyfriendly restaurant chuck e cheese. They have been gobbled up by Apollo Management group for more than 1 billion. It seems like they have been hungry for deals. You may remember how to helped bring 2010 keys back from the dead when the opener Hostess Brand filed bankruptcy. We hope you made money today. Well see you back here tomorrow. The willis report is coming up next. Hello, everybody. Im gerri willis. Tonight on the willis report. Obama another critical. Security. Health care. Gov is not secure. And new congressional investigation is underway. Also, banks targeting our heros. Military men and women hit with hefty fees. More obama dried to fix the wrong thing with health care. We have a new study on the outrageous differences in prices people are charged for the same procedure. Were watching out for you tonight on the willis report