"varney and company" is about to begin. top of the news today the irs claims lois lerner's hard drive was recycled so not only did these two years of e-mails he sent to the white house among other places but they have gone rid of her hard drive, got rid of it, recycle that. the wall street journal's dan henninger is here, whose column is a blistering attack on the administration, is it not? >> yes indeed. stuart: use a in your peace this irs scandal, the losing of these e-mails is worse than watergate. >> the scandal is worse than watergate, losing e-mails is a scandal and to itself. can you imagine morgan sacks kenna-morgan stanley goldman sachs a not lost my e-mails, they put the handcuffs on the man send them to jail. as for the watergate thing, watergate was about a break-in at the watergate hotel conducted by someone in the nixon presidency, and trying to steal information about the national committee. democratic professionals and the irs scandal his the party in power using the internal revenue service to attack average americans all over the country. this is like the tea party korda and coke brothers but it is not. was organizations of people, small towns all of the country paying their taxes right off the top. the irs descends on them with all these questions and intimidate them. stuart: a lot of people suspected was a perversion of the election. there is proof of whether or not that is true in those e-mails and those e-mails are not lost, they are on a server somewhere. why isn't the attorney general of the united states rushing to get those e-mails and figure out what was in them. is this a massive cover-up that will go on fur years. >> some call for a special prosecutor. you must understand if you appoint a special prosecutor this will not happen until after 2016 until -- is a slow process so it will not affecting is going into the elections. stuart: they are there somewhere. >> ultimately this is a matter that will be settled politically. the american people understand what went done and the question is will they punish the democrats both in november by turning control of the senate over to republicans and the 2016, by 2015. stuart: new call this a failed presidency. >> it is evaporated presidency. barack obama is turning his back on the job into which he was elected. i dare say with more good will than john f. kennedy had when he was elected president. and he lost interest in foreign policy, he does not want to be involved even as major crises break out over the world. the big issue is the economy, the federal reserve downgraded grow to 2.2% but barack obama it has essentials obsessed the economy to the federal reserve, the economy was repossessed by the federal reserve. he himself if he wanted to get a tax report, he could lower the corporate tax rate which is very needed in his first term. and has no interest in doing that. the country is a draft because the presidency is adrift and i say we are in god's hands now. stuart: a couple more issues later on in a moment. let's get to the markets. we have a little bit of a change, not a change but down 21 points. we were thinking maybe we got a shot at 17,000 today, doesn't look like it. we dropped below 16-9. s&p 500 also down a little bit, a buck on one point, 1955 index. there is movement in the price of gold today, that is of $25, almost back to $1,300 an ounce. action in the dollar is what is moving gold. how about the price of oil? yet down 105 earlier, 106.43. on a related subject, iraq's government, and security forces still in control of the large oil refinery despite claims of al qaeda back sunni muslim militants have raised their black flag of the facilities. he is threatening to is teach the sunni extremists a lesson. wall street journal dan henninger is with us. iraq is lost, period. >> i think iraq is being divided. the sunnis will take control of the north. it is possible iran will set up a protectorate in the shi'ite south. the other issue is the kurds may establish an independent state of north, and oil producing aerie as well. this refinery we are talking about basically produces oil and gas for the domestic iraqi market. if the kurds become independent in the north the sunnis controller rest of the north of iraq and iran, this will reconfigure the oil markets so long term you could be looking at some real defects in an entirely new kind of control of oil around iraq. stuart: stay there. one more for you. two senators, one republican, senator corker, senator chris murphy, they are calling for a $0.12 gas tax increase to fund highway projects. a republican is calling for tax increase, that is a surprise. four when you say bob corker, not as much of a surprise. stuart: he is a republican. charles: but he is decidedly not the kind of republican, not one of these -- he is almost going to war with some of these tea party guys particularly ted cruz and more to the center and some say to the extreme left. this is something that never passes, so extraordinarilypular. stuart: and now? >> oil and gas price is going but, look how much they're up in the last few years there is not an appetite for this. stuart: does he want to look good in to some consensus move through congress? is that what is behind this? >> he is talking about doing this to repair highways and to repair infrastructure. there are a lot of bridges the desperately need repair but doing at freestanding tax increase like this opened the door to what we call tax christmas tree where you got this cause i got this cause, this should be wrapped into a comprehensive tax -- charles: states and municipalities got a bunch of money to take care of these things, spending on other things. i think the american public wants to know what do you do with the money you already get from us. >> typical when they have a problem with the veterans administration, from more money at it. stuart: $50 billion a year in the wall street journal. >> this is a piece with that. stuart: dan, charles, to stocks, blackberry, a name from the past, it is a winner today. what is going on? >> 13% blackberry, $9.30 a share. this is so big a move that it goes down in history, the biggest move since we have seen since december 20th, very heavy volume, four times the average volume. and surprised with a profit and we have the bbn users, and don't forget windows, the phone release of messenger apps so that will be next month. a lot going on with blackberry. and high security to the devices, that continues to hold the tough market on. stuart: check the share price of amazon. it is down $5 today, it debuted the fire phone, a special chris green that displays a simulated 3d image but here is the real appeal from amazon's point of view, it connects to amazon's massive market place. usenet a picture and instantly add to your shopping cart. and like a song that is plain, the fire phone will listen to the song and take you to link where you can download the song from there. we are calling it the amazon cash register, you keep in your pocket. you can pick one up for a couple hundred dollars next month. samantha murphy kelly from matchable is with us. from a consumer's point of view, from your point of view you like this coin. >> i do. it is funny. on the surface it looks like any other android phone out there. it is black, has a camera, more than one camera. it looks very similar but what it does is specialized. play with a lot of different android phones, this is the most fun i have had in a while. stuart: i you talking about the 3d effect. explain how that works. it looks like 3d. >> right. if you go to a movie 3d project out word to you which is why you need glasses. this is more of a dimension perspective thing. when you are looking at the screen especially with the lock screen you almost get an inward look so it puts you in there so you can navigate through alleys if you are in a game or check out different things in a new perspective. it is kind of neat but there is not a lot of real world why you would need something like that. it is and the party trick, it would be more compelling that way. stuart: countless phone down market i'm trying to figure out is this 3d effect sufficiently different and new and innovative to make millennials for example get out and buy one? in your judgment is it different enough to make millennials go out and buy in significant numbers? >> four years in the making, so many different things. stuart: when your judgment. >> because of that, we have seen 3d smart phones before but i don't necessarily think it is the 3d component that makes it all that special, kind of neat but the firefly, what you mentioned, scanning and stuff like that is definitely real world, playing around with that, when i am sitting on the couch that is a real world scenario for me to buy something like that. stuart: for millennials you like it. you buy it. >> yes. it is fun and it is neat. larry the cable guy, you know him, you know him well. he is the new pitchman for drug i will tell you here and now is not a drug. is a treatment. it works. larry is up here after this. >> you go to walmart after 2:00 a.m. almost everybody has the plague disease or something, almost like the walmart turns into the monty python ministry of silly walks. look at that guy in i'll 2 over there. my dad has aor afib.brillation, he has the most common kind... ...it's not caused by a heart valve problem. dad, it says your afib puts you at 5 times greater risk of a stroke. that's why i take my warfarin every day. but it looks like maybe we should ask your doctor about pradaxa. in a clinical 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 is not for people with artificial heart valves. don't stop taking pradaxa without talking 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, sometimes fatal, bleeding. don't 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 bruising. pradaxa may increase your bleeding risk if you're 75 or older, 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. seeing the world in reverse, and i loved every minute of it. but then you grow up and there's no going back. but it's okay, it's just a new kind of adventure. and really, who wants to look backwards when you can look forward? stuart: dow jones industrials down 27 points. the price of gold, there is a market that is moving close to $1,300 an ounce, gold is up $25. the price of oil was 105 earlier. now is 106 and change lose some big-name stocks, lowered output, don't do that, down she goes 10% and not much better, rite-aid, a stock charles used to like but the profits were down 50% and stock is down 3.5%. the show has a kind of friday feel to it even though it is thursday. in that spirit we have asked larry the cable guy to join us. a very funny guy and also he is touring the country supported a product that i happen to have used successfully. come un in. how is that for commercial for private sector -- prilosec. i did we. >> that is unbelievable. it is about time you got your life right and had me on this show. stuart: i am sorry. >> how many times the by running to you in the hallway and give you a big hug and said stuart, i love you. bernard: when you have said that and i remember you tried to imitate an english accent. that was what it was like, admit it. >> it was but something about when you say it it sounds smarter than the other guys on the show. the dow jones industrial was down 100% and we have to get this in order and got to get the prices up. just sounds different, i got to tell you. stuart: so do you. prilosec. i am here to tell you and the audience that that product works. you tried it i take it. you wouldn't advertise a product you haven't tried. >> you wouldn't believe this but i am a frequent heartburn sufferer. hard to see. but yes, i actually did the product before they ever came to me and when they came to me, i use it. i really use it. it has been incredible. prilosec otc. i have done commercials for them for three years and we always had a campaign going on to promote the product. this is why i am here. stuart: 15 seconds is all i got. a world cup prediction in ten seconds flat. give it to me. >> usa obviously is going to win the whole thing but before they do, you can't beat zero.com and win $10,000 at the end of our demand guy and giving it away 14 days this summer. i get more than 15 seconds with stuart varney. stuart: larry the cable guy, always a pleasure. thanks for being with us. >> i love stuart varney. stuart: i will take it. it has of fried a field. charles: it really does. stuart: ever use prilosec? charles: every night. it is amazing. if i don't use one or two night i feel it. the stuart: sales department will be on my back. we have to pay for that commercial. you are going to make us some money by investing in an energy drink company, monster beverage. charles: if you drink a lot you might need prilosec. monster had the big thing and a somersault about how safe it is. that is starting to pave the way. and they beat wall street after missing two four quote is the management is like this thing is safe. once they clear this hurdle it puts them back in the spotlight, continued strong growth on their own particularly outside this country being provided. stock make huge move. i feel the worst case scenario is behind it. carbonated drinks are free falling, diet drinks free falling, water energy drinks are where it is at. only to places to make money in the beverage industry. stuart: i got a question for everybody. which is the biggest sports story? a no-hitter in baseball? or spain, defending world cup champions knocked out of contention. we will cover both of those stories next. coming up after the break, harley-davidson is going to make an e. electric, electric motorcycle. how will it sounds? when folks think about what they get from alaska, they think salmon and energy. but the energy bp produces up here creates something else as well: jobs all over america. engineering and innovation jobs. advanced safety systems & technology. shipping and manufacturing. across the united states, bp supports more than a quarter million jobs. when we set up operation in one part of the country, people in other parts go to work. that's not a coincidence. it's one more part of our commitment to america. but with less ergy, moodiness, i had to do something. i saw mdoctor. a blood test showed it was low testosterone, not age. we talked about axiron the onlynderarm low t treaent that can restore t vels to normal in about two weeks in most men. axiron is not for use in women or anyone younger than 18 or men with prostate or breast cancer. women, especlly those who are or who may become pregnant, and children should avoidt where axirons applied as unexpected signs of puberty in children or changes in body hair or incased acne in women may occur. report these symptoms to your doctor. tell your doctorbout all medical conditions and medications. serious side effects could include increased sk of prostate cancer, worsening prostate symptoms, decreased sperm count, ankle, feet or body swelling, enlarged or painful breasts, problems breathing while sleeping and blood clots in the legs. common side effects include skin redness or irritation where applied, increased red blood cell count, common side effects include skin redness headache, diarrhea, vomiting, and increase in psa. ask your doctor about axiron. that corporate trial by fire when every slacker gets his due. and yet, there's someone around the office who hasn't had a performance review in a while. someone whose poor performance is slowing down the entire organization. i'm looking at you phone company dsl. check your speed. see how fast your internet can be. switch now and add voice and tv for $34.90. comcast business built for business. >> it is a passion of mine. there are career paths and other things to do once i'm done flooding. i can't fight forever. i prepared myself very well and i'm in great shape and the style of fighting that i utilize i try to take as little damage as possible and so far so good. stuart: that was part of our interview with chris algierre chris. you could see the damage done to a huge black guy. here's what you had to say. kathleen, we need more men like that in the country today, he understands what is truly important isn't focused on the fame and popularity. henry adds at least he is going into the medical field. you'll get rich by fixing other boxers's broken noses. that sarcasm.one of our viewers is my new favorite athlete. anyone with motivation like he does is admirable in my book. thank you one and all. keep them coming, keep them short, sweet and to the point. the popular opinion of you though viewer this first story is about soccer. defending worldcom champions spain shut out by q a 2-0. first, world come to camp has been out -- world cup champ has been out this early. the sold-out crowd didn't have tickets, a temporary wall, 85 in custody. they will of the fans were chanting it is a mafia. the next one, australia against the netherlands. the world cup dreams over. it was quite a game. australia played very well. people giving no chance whatsoever, better than expected. interesting game. let's get to this. l.a. dodgers's pitcher, a no-hitter last night, nearly a perfect game. the first no-hitter of his career, the only pitcher with more strike outs in the no-hitter. to do you think that would be? nolan ryan. should have known that. here is one that is right up your street. i know you will give me an argument. electric motorcycle from harley-davidson, say it ain't so, the project live wire. it won't be for sale at least not yet. charlie justice wants to gain insight into writer expectations of electric motor cycles. did you hear that? just a little home. like that mosquito. that is not a harley. charles: it is not the stereotypical harley. companies have to stay relevant by making new product. occasionally there is a new coke that can be bad but this won't be the new coke for harley. i love management. i really do. they are so smart. stuart: would you buy a harley-davidson that sounded like a mosquito? charles: i have only known harley for two weeks. i was hanging out with 3 to guys who love motorcycles. they go to three places, everywhere we go someone is messed up. one guy has a limp, one guy's are business and the third place, maybe everything is ok and he turns around and have the face is missing but i still bought one. the guide teaches me to ride it in 20 minutes. i am playing around in the parking lot and finally get this thing and get the nerve to leave the parking lot. i go off the parking lot, and i go to 60 and say to myself this is not. i went back to new york and sold the harley. stuart: were you in your 30s of 40s? >> 40s. if you ever see me on the road in a motorcycle and will be a three wheel of. it will be a three wheel job. stuart: it was a good story. thank you for sharing. would you buy ali stock? charles: absolutely. stuart: next case, canada, one step closer to abandoning the keystone pipeline, may shifted to oil to china, go west instead of south. here at home a senate panel says build the pipeline, built keystone. doesn't matter. harry reid the senator is going to kill it. bose events of linked after this. stuart: twitter will acquire a live video platform. everyone getting into the streaming game. that is what this is about. during 500 new jobs in douglas county, ga. investing $30 million in five years. it is not too far from koch's headquarters in atlanta. koch owns a piece of it, do you think they will go for all of it? charles: watch the way this trade. it pulls back a little bit and shoots a. they're a big time hedge fund guys who get killed on it. it speaks to minimum-wage, vt.'s minimum wage will go to $10.50. stuart: it used to be green mountain as in vermont so they are getting out of green mountain. charles: corporate taxes are higher, personal taxes are higher, even if coke wasn't involved will be a smart business decision. stuart: competition between states to attract jobs is what that story is and then there's the story, coke is not making much money and its soda business is going down. get into the coffee business. good stuff. you said that earlier. the bipartisan senate energy and natural resources committee voted to sidestep presidential approval for the keystone pipeline and say get out and build the thing, mandate it, no chance on god's green earth majority leader harry reid will let the bill come up for a vote on the senate floor. with us is the ceo of brightling the energy and author of the fracking truth. welcome to the program. i am prepared to say we are not going to build this pipeline, the canadians have said we are going to build a pipeline that goes to the west and send the oil to china. would you agree with this? pipeline is not going to happen. >> we talked about this before. i am shocked the president has been able to make no decision on this thing and stall it out for almost six years. the reality is you talked about it, oil will go to china, if we can stop the pipeline we can stop the development of the canadian oil -- that is not the case. the reality is oil is coming to the u.s. from canada by truck and rail. we all agree the safest way to move oil is through the pipeline. it is 700 miles roughly. we have millions of miles of pipeline in the ground yet this thing is becoming a political platform and is the most talked-about pipeline that doesn't exist. stuart: i don't think the keystone pipeline is going to be built, certainly not in the next three years. i want to look at fracking. i think that is inevitable. they are holding it up. they don't want fracking but it is a temporary thing. i think fracking is going to go gung-ho fairly soon and you are right in the middle of it. >> you are right. it is going gung-ho and places like new york state where we have challenges with the moratorium but if you think about what fracking has done to this country already we have 8.5 million barrels of oil in one year because of fracking, a million barrels behind saudi arabia and oil production because of fracking and the hundred years of natural gas supply. if we turn the united states's energy situation around and put us on a global stage we are looking at things like iraq at situation and nigeria security concerns and libya production pretty much gone away and here comes the united states at the right time, embracing technology that is allowing us to displace coal land but natural gas for transportation, manufacturing jobs back, fracking is allowing cheap natural gas, jobs to our country. it is ridiculous that we basically told canada know on the pipeline when it is one of the biggest allies. stuart: in oklahoma recently a lot of fracking in oklahoma a series of small earthquakes, and the greens i saying those earthquakes are because of fracking. what do you make of that? >> the greens i saying the weather change is because of fracking. it has become the scapegoat of all scapegoats. we got data in oklahoma to see from fracking or water injection, and it is all about that has to be looked at and the data points are coming, a similar activity in certain areas of texas where i live in small towns, and obviously it is not 5, 6, 7.0 earthquake, very small but folks have a concern if they have a concern with property being damaged or foundation issues we got to look at that as an industry and embrace that upfront and go find a solution to this. i am hesitant to blame fracking for stuff. everyone else does. a lot of times it comes out these are related to the coffee issue. stuart: i want to speak charles: secondly suppose we got an administration that the state and federal levels that said we want fracking. we want to maximize natural gas, we want to maximize oil production, let's go for it, get out and do it. how much could we wrap up domestic oil production and say the next five years, a nice time frame, if we went gung-ho how much oil could we get out of the ground in the next five years? >> it is a no-brainer we could get to energy independence, 13 million barrels a day, got to give a federal lands and offshore drilling ramps back up, got to get -- stuart: if we did that, if we did all of that you think we could produce 13 million barrels of oil a day in the united states of america? could we? >> yes. we raise production levels in one year by 20% year over last year. it is very possible we could do that. we are seeing a trend of the efficiency so numbers of demand is coming down, those two lines could cross if we supported it. we are going to use oil and get it from somewhere. we will get it from right ear and support american jobs and our country and already doing this, fracking since 1947 but it seems since 2010 there has been this anti fracking movement but look at what we have accomplished with all of that going on and factor in your speculation that everyone is behind this industry i think it takes off and we surpass our demand numbers quickly. think how big it is going to be when we surpass saudi arabia on the way up that chart and america is now in the driver's seat. all these things combined. stuart: thanks for joining us. come on back again. thanks very much. after the break, more key rulings by the supreme court i coming up. decisions that could reshape the various aspects of our society and i mean reshape. the judge on that next. so i can reach ally bank 24/7 but there are no branches? 24/7 i'm sorry- i'm just really reluctant to try new things. really? what's wrong with trying new things? you feel that in your muscles? yeah...i do... drink water. it's a long story. well, not having branches lets us give you great rates and service. i'd like that. experience a new way to bank where no branches = great rates. ally bank. your money needs an ally. if ...hey breathing's hard... know the feeling? copd includes emphysema and chronic bronchitis. spiriva is a once-daily 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 fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble 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 dry mouth and constipation. nothing can reverse copd. spiriva helps me breathe better. does breathing with copd weigh you down? don't wait to ask your doctor about spiriva. >> jobless claims out this morning, the filing for unemployment benefits as did more than expected. republicans in the house will be like the new leader today after eric cantor stopped the primary lot last week. he is stepping down from the issue that the end of july. kevin mccarthy from california expecting to rent a race for the majority leader. and decisions from the supreme court from contraceptive care to president obama's recess appointment. what does it mean for you? judge andrew napolitano is going to break down for us coming up on "varney and company". a lot more. stay with us, stuart varney right after this. my mother made the best toffee in the world. it's delicious. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through legalzoom. i never really thought i would make money doing what i love. we created legalzoom to help people start their business and launch their dreams. go to legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your side. [ girl ] my mom, she makes underwater fans that are powered by the moon. ♪ she can print amazing things, right from her computer. [ whirring ] [ train whistle blows ] she makes trains that are friends with trees. ♪ my mom works at ge. ♪ [ bell ringing, applause ] five tech stocks with more than a 10%... change in after-market trading. ♪ all the tech stocks with a market cap... of at least 50 billion... are up on the day. 12 low-volume stocks... breaking into 52-week highs. six upcoming earnings plays... that recently gapped up. [ male announcer ] now the world is your trading floor. get real-time market scanning wherever you are with the mobile trader app. from td ameritrade. stuart: what happened to facebook? nicole: sorry. something went wrong. that is what happens when you try to log onto facebook early this morning. the site was down for less than one hour. the stock is down 1%. users not only in the united states but also around the globe were trying to log onto facebook and whether it was on a computer or on their phones they could not get in. later, another note read we are back 100%, sorry for the inconvenience. in the meantime everyone took to twitter to complain about it. stock is down 1%. what went wrong? that is undetermined, unknown at this time. it remains a mystery. something went wrong. stuart: how many people really cared? i don't know. and judge andrew napolitano is here to go through them. arrow, they stream broadcast television over the internet and the big networks don't like it. judge napolitano: their argument is they are cloud, storage system, much like a vcr that they can tap down from the cloud and turn the vcr down whenever you want to see what the network's broadcast and what they score for you. if the supreme court accepts the arrow argument as the court below did it will revolutionize television as we know is, it will revolutionize all of television. stuart: in what way? judge napolitano: it will force the networks and the cable channels to do something to prevent aero from receiving that signal or to compete with arrow and provide a better product. stuart: a very good product. judge napolitano: this would not directly affect the cable channels because we are not through the air, we are through a wire but it would affect abc, nbc, cbs and our cousins at fox. stuart: hobby lobby, the fight there is whether companies have to provide contraceptive care for their employees if the owner has a religious objection. judge napolitano: a very interesting case. there is the view among those of us, small group of lawyers who follow the supreme court, chief justice roberts is determined to show his conservative bonafide after having rejected them, the decision that upheld the constitutionality of the affordable care act. this is the most significant challenge to that act since the supreme court decision your goal of holding it. so this challenge says can the congress force those who don't believe in contraception to provide that service to employees who also don't believe in it? bernard: if the supreme court says no, you don't have to provide it -- judge napolitano: that will seriously impact the economic viability of obamacare. he may want us to go to a one payer system but as the law stands it will be a shock wave to force congress to do some tinkering. stuart: the national labor relations board, president obama's recess appointment to that board, he appointed three people to fill vacancies during recess, he was going to recess -- judge napolitano: during the time period when the senate says it was in session and the president declared the senate in recess and three people appointed to the board to the law says need senate confirmation made rulings or decisions when they were on the board and the loser in those rulings or decisions has challenged the ruling saying these three people don't have the right to sit there. stuart: when if the supreme court says you are right, they don't have the right to sit there do all the decisions they make eye they reversed? judge napolitano: no. only decisions that have been challenge will be reversed but will stimulate a lot of challenges because it is not too late to challenge the decisions they made. it will affect once and for all oral presidents can make recess appointments, appointments to positions that require senate confirmation when the senate is not sitting. stuart: how about the epa and their regulations? decision from the supreme court, may be monday, they are going to rule whether the epa can change regulations without congressional approval. judge napolitano: it is a touch more subtle than that. epa wants to require a permitting process for the dispersion of certain elements into the atmosphere. a permanent process congress rejected, the interesting question is can the so-called x experts in the environment is something which our elected representatives declined to do? the court never directly will done this. and there in the backyard, no more writing by tractor or flip-flops. stuart: i believe you are right. it is paris. judge napolitano: a little break coming. the field at home in france? judge napolitano: i haven't been there since before they were socialist. thousands of children from south america are flooding across the southern border. one of the destinations, the city of los angeles, we have the chief administrative officer for los angeles after this. means keeping seven billion ctransactions flowing.g, and when weather hits, it's data mayhem. but airlines running hp end-to-end solutions are always calm during a storm. so if your business deals with the unexpected, hp big data and cloud solutions make sure you always know what's coming - and are ready for it. make it matter. smoke? nah, i'm good. [ male announcer ] celebrate every win with nicoderm cq, the unique patch with time release smartcontrol technology that helps prevent the urge to smoke all day long. help prevent your cravings with nicoderm cq. that helps prevent the urge to smoke all day long. when folks think about wthey think salmon and energy. but the energy bp produces up here creates something else as well: jobs all over america. engineering and innovation jobs. advanced safety systems & technology. shipping and manufacturing. across the united states, bp supports more than a quarter million jobs. when we set up operation in one part of the country, people in other parts go to work. that's not a coincidence. it's one more part of our commitment to america. stuart: here is a story that made some headlines, waves of children fleeing central america, pouring across the southern border into the united states of america. some of them are going straight to los angeles. joining us now the chief administrative officer for the city of los angeles. welcome to the program. >> good to be here. stuart: what do you make of this? thousands of kids coming across the border? almost invited in by the president, coming to los angeles, who's paying for them? >> it is the humanitarian crisis. we are all paying for it. it is clearly a problem, a humanitarian crisis that we would handle, every country handled it in the most responsible way. stuart: the president is saying come across-the-board if you are under 18, you get across, you stay here, we will give you a lawyer to make sure you stay here, transport you to various states around the country, take some of you to los angeles and you are ok with that? >> i missed the press conference the president issued. i don't remember him saying that. >> if the president had said get across the border we won't send you back. >> a humanitarian crisis, if it was any other country, if it with any other country, we would want them to do the right thing. stuart: when your city, your city has to pay part of the cost, i have to pay -- i want to know what you think of that. >> one of these kids could be the next -- stuart: i you ok with this? >> doesn't matter whether i am ok with the not. stuart: it does matter if you are ok with the or not. the finances of your city, my finances, that is what is at stake. >> i care about the finances and that is my job and that is what i am here to talk about today. stuart: you care about these kids. >> i care about all of our children, they're no different from your kids or mine. stuart: how about the subway. how much is that going to cost. >> we receive $2 billion in the federal government. stuart: my many! live in new jersey! my money from new jersey was taken to pay for a subway los angeles. >> my many from california helped pay for stuck in new jersey. that is how it works in this country. stuart: why do you need some way? >> at ebitda los angeles? traffic is horrible. bad traffic. stuart: $2 billion for subway. >> more than $2 billion would the government gave us $2 billion. the city and residents of los angeles are paying for the rest. of the one we had a gentleman on our program is that los angeles is going away of the flight in 15 years. using there's money to spare for subway? >> we need a subway. the traffic is horrible, makes it an issue with the economy, part of the structure of this country, the federal government helped build a highway system, helped build other transit systems around the country. stuart: all right. thanks very much indeed. i am astonished that california would be spending money like this. $68 billion for a bullet train, $2 billion for a subway to the sea and you are happy with that, only just come out of the big deep red hole. >> we are doing our state -- we done a more taxes to the federal system than we get back. stuart: we are going to get cut off. back in one moment. i ys say be thman with the plan but with less ergy, moodiness, i had to do something. i saw mdoctor. a blood test showed it was low testosterone, not age. we talked about axiron the onlynderarm low t treaent that can restore t vels to normal in about two weeks in most men. axiron is not for use in women or anyone younger than 18 or men with prostate or breast cancer. women, especlly those who are or who may become pregnant, and children should avoidt where axirons applied as unexpected signs of puberty in children or changes in body hair or incased acne in women may occur. report these symptoms to your doctor. tell your doctorbout all medical conditions and medications. serious side effects could include increased sk of prostate cancer, worsening prostate symptoms, decreased sperm count, ankle, feet or body swelling, enlarged or painful breasts, problems breathing while sleeping and blood clots in the legs. common side effects include skin redness or irritation where applied, increased red blood cell count, common side effects include skin redness headache, diarrhea, vomiting, and increase in psa. ask your doctor about axiron. ♪ stuart: the words failed and failing. you hear the all the time. they are being applied to the presidency. now, the incredible lois lerner hard drive was recycled. they are so green that the white house, aren't they. our two begins right now. ♪ headlines. gas lines in iraq as jihad takes over the biggest refinery over there. reports that russian troops have moved to ukraine. stocks are down a little. the president meets the economist. the government demands the redskins change their names. that will cost the team millions. we will show you the cheapest 3d printer on the market. john stossel passes judgment on designer babies. let's start with the markets. we are down, but not by much. down .08% on the s&p. ten year treasury yield is at 2.58%. that is interesting. black hairy. a voice from the past. a smaller loss and a new deal with amazon store. supermarket chain, kroger. there goes that stock nearly 6%. nicole: down over 12% at the moment. $16.06. they did the traffic in stores. highly promotional environment. having to cut what the prices on june price were. they were just not cutting it with the margins. they cut the guidance because they have so much concerned about competition. it is down 12% today. 30% for the year. stuart: thank you very much, indeed. does the president have his priorities straight? president obama used a commencement speech to push his global warming agenda. canada approves the pipeline to china. remember, the latest "wall street journal" poll only 37% approve of the handling of foreign policy. a new all-time low. listen to what house speaker john boehner said about the president. >> looking at this presidency, you cannot help but get the sense that the wheels are coming off. stuart: lucy, welcome to the program. the president held a meeting yesterday in the white house amongst economists. paul krugman was one of those economists. what do you think that the president heard? >> i think that he should publicly stay on course of the global warming campaign. he also wrote a giraffe robot and talked about how that is the future of job in america. i would love to see that video. [laughter] stuart: the president has all of these are problems that the country faces and he is not doing anything about it. >> i think so. i think that it is sideshow politics. the president just runs to one fire. he thinks that just by doing speeches he will get us out of this looming crisis. stuart: does he care about addressing these problems? or is he just going out there and being himself and refusing to change course? >> i think that he cares. he thinks we either need to make private enterprise dependent on government or go and create more government jobs or create a new welfare program. he is not interested in creating an economy where we had independent, free enterprise. stuart: you are a libertarian, aren't you? >> let's not get carried away. stuart: you are bound to be critics of this president. my question is, why does he not change course. why don't you just tweak a little bit. >> i do not know. it seems like he is spiraling off course. he is in this mode where he has one scandal. he solves it by showing us another that turns out to be far worse. you name it, it is out of control. it does not fundamentally addressed the jobs issue in this country. >> it is the arrogance of this president that seems to be the real story. he has laid out his agenda. there is no way that he will come out and say that he has made mistakes. >> then he does not care about his party. a series of problems that he is not addressing. >> this is not like when he first got in. if i have not solve this by year three or four -- hey, it is on you, barack. he has been in office since 2009. stuart: he will not get anything done. if he loses the senate in this election, and he might lose it, goodbye. he cannot do a thing for the next two years. >> true. what is scary about it is although the approval ratings are at an all-time low, there is still increasing support for regulation. even the american people are getting out of touch on how to get our american economy going again. stuart: janet yellen had yellen had something to say about the economy. joining us now is drake and that the. >> stuart, she is not justified to discuss the matter. do not take my word for it. look at her record. right now, housing prices had already topped. she was giving speeches about how she expected house prices to continue to work up. even if housing joining us now is tres knippa. did show noticeable price decreases, it would not adversely affect the economy. it is one of the most important financial events of the last 40 years. she was 100% wrong. stuart: the federal reserve has just lowered its economic forecast. >> the imf, as did the world bank. we will continue to level along. where is all the growth. i just do not think that it is coming. what sort of ammunition does the fed have left. you and i had a dinner bet where i said when janet yellen leaves office, q we will be higher than when it started. she has pulled back a little bit. when all you have is a hammer, everything looks like a nail. stuart: the dow is down 23 points. the federal government canceling the trademark of a controversial name and logo of the washington redskins. calling it disparaging. they will no longer be able to take legal action against those that use their name or logo without legal permission. i realize that it will take years before it actually goes into effect. if they lose that trademark protection, does it cost the redskins a lot of money and if so, how? >> it is a long way off. it is a rare situation. >> the federal trademark allows you to have rights to go into court and stop others from using it. they could still go into court. the chances are not as strong. other people may be incentivized to start using the name. >> i do not have to pay the redskins, the team, a sent. >> well, you would if they came after you and one in court. without losing the trademark. they still have a trademark. federal protected trademark, you are all buttoned up. a common law trademark, they can still use the name, but it would be less of a strong market to protect. it would instead decides about the people to start doing what you want to do. stuart: do you think that this puts enough financial pressure on the team to make a change? >> no. not yet. it is a long way off. it is still too far off to decide. this is the second time they have done this in the last 15 years. history tends to repeat itself. they have the same set of facts. >> the team's owner has come out and said that they will continue to fight this. they are not backing off at all. stuart: you think that the redskins ultimately win. >> i do. stuart: i do not follow football that closely. i do not see that big of a public outcry. >> i think a majority of people really do not care. if the president president or some congress members came out against it -- >> because of the groups that are behind it. it is un-american lobby, to be honest. >> i do not think that they should. stuart: you are a welcome guest on the show. thank you. checked this out. the cheapest 3d printer on the market. it is called the new matter mod t. can it print anything that i will actually use? that is next. ♪ ♪ stuart: look at this. higher profits at red hat. remember them? fifty-four. cure egg building a factory in georgia. we have starbucks on the screen at the moment. how far does a company have to go to avoid being liquidated. how far do you have to go? liz, tell us. >> cook medical. a $2 billion company. it took them 15 years to avoid having to liquidate to pay one tax. this is a family business. they are trying to basically keep it in the family. keep jobs going. trying to get it to their son. right at them came the estate tax. it took them 15 years. stuart: 15 years to get away from a tax that could have wrecked a valuable company. >> that is right. the estate tax almost took it from them. isn't this what congress is talking about. liz: they would be the poster child. the rich 1%. when you hear people talking like that, what they fail to recognize is you are wrecking jobs, you are wrecking family businesses. i do not care if it is one form of business, you are wrecking it. stuart: the clintons turned around and said we want and estate tax. it is a good thing. >> moving to avoid a state tax by setting up trusts. the clintons conspicuously wanted to raise it. >> is this how they did it with the feds? >> i do not know the details. when you have canada and russia not having any estate taxes whatsoever and you have the united states with such a complicated system, i do not know why it is so politically incorrect to talk about this. what is the government going to do with it? you are not allowed to talk about that. stuart: no, you are not. you are looking at it. here it is. put it on. the lowest price for a consumer grade 3d printer yet. it has all the bells and whistles as the board expensive models. it will go on sale next year. steve shell is with us. >> that is right. we are taking pre-orders right now. stuart: if i give you $250, you will give me one of these. >> that is the machine. exactly. stuart: what does it make? >> you can make any sort of household objects. this is something i have designed to hang on the wall. you can hang your coat or your keys. it is designed in a way that is personalized for the individual. stuart: producing items like this. >> exactly. it is not the only market. there is a tremendous number of people that are incredibly creative out there. it is no different than scrap booking, woodworking -- what goes into the machine? >> it is a plastic called pla. it is a very environmentally friendly product. we are going to use the next nine months to bring in the manufacturing model. certainly, there is a desire to get things ready by christmas. we are very realistic. stuart: i have to have different kinds of software to produce different kinds of items. >> we have an online store where users can upload and exchange. stuart: $250 for that. extra for the downloading. >> oh, no. the software is included. we are trading and online marketplace. some will be free. some will be paid. it gives them an incentive to put effort into creating a really great design. stuart: how much for the plastic to real? >> we have attempted to keep it standard. it is about $30 for 1 kilogram. that will do about 20 or 30 parts. >> $20. >> sorry, rudy dollars. stuart: i am totally, technically useless. do you think i could set this up. >> absolutely. it has wi-fi tilt on. it connects to your network seamlessly. the parts go straight from the cloud. it is very straightforward. stuart: one-button. power, press. >> that is right. stuart: does it smell? [laughter] >> what kind of a question is that? [laughter] >> absolutely not. >> that is actually a great question. it is very benign. it does not create fields and bad odors. stuart: it does not smell, you press one button and it works and it is good for kids. >> you would be happy if it worked by remote. [laughter] stuart: thank you very much indeed. new bad motter mod teeth. i am interested. the irs says lois lerner's hard drive has been recycled. in other words, destroyed. not funny. a little bit of comedy relief. my take is next. ♪ (mother vo) when i was pregnant ...i got lots of advice, but i needed information i could trust. unitedhealthcare's innovative, simple program helps moms stay on track with their doctors to get the right care and guidance. (anncr vo) that's health in numbers. unitedhealthcare. when folks think about wthey think salmon and energy. but the energy bp produces up here creates something else as well: jobs all over america. engineering and innovation jobs. advanced safety systems & technology. shipping and manufacturing. across the united states, bp supports more than a quarter million jobs. when we set up operation in one part of the country, people in other parts go to work. that's not a coincidence. it's one more part of our commitment to america. could mean less waiting for things like security backups and file downloads you'd take that test, right? well, what are you waiting for? you could literally be done with the test by now. now you could have done it twice. this is awkward. check your speed. see how fast your internet can be. switch now and add voice and tv for $34.90. comcast business built for business. trwith secure wifie for your business. it also comes with public wifi for your customers. not so with internet from the phone company. i would email the phone company to inquire as to why they have shortchanged these customers. but that would require wifi. switch to comcast business internet and get two wifi networks included. comcast business built for business. one. starbucks got an a grade. ubs said by it, it is up 2%. brace for future, john stossel talking about designer babies and a rise of robots. he likes them both. he is coming up. could it be? millennials looking to move out of their parents's house? the latest story to debunk the myth that millennials are crazy. personally i don't like harsh language in public. i don't like to hear obscenity in the street. i don't like hearing harry reid call within liars. public conversation has become increasingly course. i think we should all pull back a little. and now i am going to break my own will. my take is this. the irs is lying. worse, it is lying about a presidential election. they took sides, that is outrageous. they stamped on ordinary people and now they are flat out lying about the evidence. we are asked to be the e-mails between a senior irs official have been lost. the messages on lotus lerner's don't pc, those e-mails would answer the following question. to the president's political opponents get threatened? that is exactly what happened. the word went out the tea party is dangerous, go get them. that is what happens in dictatorships. powerful life because you hold all the power. that is totally un-american. you would think the irs would be rushing to prove its innocence, that the attorney general would be on the case, but know, all we get is sorry, the e-mails have been lost. i don't think they even said sorry. as special prosecutor would retrieve those e-mails, so would any forensic accountant or even your average hacker. they're on some server somewhere. lowball is in the president's court. it is the delete administration to prove they are not lying. get those e-mails and prove the election was not corrupted. prove you are telling the truth when you say the white house had nothing to do with it. until you prove it, until you get those e-mails and shall come to us, the judgment stands. the irs is lying. my dad has aor afib.brillation, he has the most common kind... ...it's not caused by a heart valve problem. dad, it says your afib puts you at 5 times greater risk of a stroke. that's why i take my warfarin every day. but it looks like maybe we should ask your doctor about pradaxa. in a clinical 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 is not for people with artificial heart valves. don't stop taking pradaxa without talking 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, sometimes fatal, bleeding. don't 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 bruising. pradaxa may increase your bleeding risk if you're 75 or older, 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. [ girl ] my mom, she makes underwater fans that are powered by the moon. ♪ she can print amazing things, right from her computer. [ whirring ] [ train whistle blows ] she makes trains that are friends with trees. ♪ my mom works at ge. ♪ stuart: millennials have taken it hard this recession. a lot of them are forced, economically, to live with their parents. however listen to this. new evidence suggests the tide may be turning. cheryl casone these says some of them are moving out. is that true? cheryl: especially those that are 18-24. i have some data to back me up. this is from the u.s. census bureau. you see what is happening. as you can see during the recession, millennials staying at home, not living at home. that shows the beginning of moving up. this is the 18-24 specific demographic, this is real-estate and the economy, starting to get jobs, starting to move out and going to be renting pieces of our u.s. economy they were not before. there is something else. it is the job story. this is from barkley. the employment population ratio for the 16-24-year-old crowd comes to 0.7% in the month of may. last year was 46%. this is what they are finally starting to get jobs, low paying jobs but at least the amount of them working is pushing them out of the house and the baby boomers, supporting them now, parents that economically held the baby boomers as well. stuart: kids living at home that, kids living out of home good. the trend is good. kids moving out of the home. good for employment, good for the economy. stuart: good for baby boomers. >> they have to start spending some money. if you could help us out that would be great. at this point of the baby boom generation is stagnant. stuart: when is it possible they are going to college? >> they are moving out. i showed you the employment ratio because that backs up the assertion that they are working full time. stuart: the employment ratio. >> you hate that stuff but it is proof that what we are seeing is true. that is my opinion. liz: she is looking for the silver lining. stuart: i should never have said anything. let's get on with this. they are renting, they are not buying. housing starts on tuesday, that is apartment building. there not buying. you were ready to go after wayne's world as lazy crowd. stuart: no. just trying -- i can't say a word here. i'll be done? cheryl: i don't know. stuart: listen to this. has 's cheese, elon musk, bought a stake in the artificial intelligence from vicarious, not to make money, he wants to keep tabs on artificial intelligence because he is worried about a terminator like scenario where robots take over the world with some like science fiction but look who is here, john stossel says thinking robots might be coming sooner it can we expect. >> they will be everywhere. stuart: what will that mean? john: eternal life? also will robots take over the work place? >> robot the bodies yet to employ than a human being, they are never late for work, never ask for a raise. john: it would be good to replace driver's. >> do glenville the prototype of a car that completely drives itself, you do nothing. stuart: i talked over your sound bite. i destroyed -- john: cut you off. stuart: i was about to say you approve of this robot moved. john: if they don't kill us they make our lives better. stuart: so do i.. surprise surprise. john: what if they do kill us? now they are learning how to think for themselves. the ibm computer watson beat the jeopardy champion. they may decide to put us in zoos like we do with our prime ancestors. stuart: when your show tonight about the new world of technology, is not a frightening world. like designer babies. we're coming internet world and you approve of it. john: french poodle is natural. we are talking human beings and that is different. but eventually it will be -- soon it will be possible to make sure your kid is good looking, tall, smarter. you say i won't do this, that is playing god, that is wrong but when your neighbor does it and your kid falls behind -- stuart: when is inevitable rather than intrinsic good. john: the government will ban it but people do it in another country. it will happen. stuart: cryogenics where they freeze you for thousands of years. john: ted williams gets frozen, they have frozen a thousand people -- stuart: why is he letting? john: it is so weird. ted williams and free to pieces, his head separate from his body. i go in so skeptical. these full timers who study this say they will be reviving people soon and elon musk's point -- stuart: there will going to be reviving these frozen bodies soon? john: yes. yes. 10 or 20 years. liz: was talked about in the 70s, walt disney wanted to do it. ted williams. john: and -- stuart: if you want to do it do it, if you want to pay for it pay for it. i have no problem with that was aware but i object to designer babies. that is playing god and i don't think you should do that. john: most americans agree with you. stuart: i think so. what about cryogenics? john: more interesting, the idea of what elon musk must wants to do, loading your consciousness, yourself into a computer and you would never die. you would continue to exist in the computer. probably be a robot and the have somewhat of a normal 6,000 your life. stuart: your show tonight is here comes science, here comes new technology. look at it, use it, and you have no choice. john: of our idiot government doesn't stop it because then other people will. stuart: you think government should regulate designer babies for example? they i think should? john: in some form regulate but not ban. already -- when the boy will get rid of the other embryo and that is a form of murder to many people. to do a genetically, it is less. stuart: an interesting show. a great premise. john: and amazing future. let's not screw it up. stuart: the time is? john: 9:00 eastern. stuart: the name is? john: stossel. stuart: the network is? john: fox business if you don't get it. demand it. stuart: watch this one. thank you very much. eight $0.12 gas tax hike, a tax that would hit everybody young, old, rich, poor, democrat, republican. that is next. when folks think about what they get from alaska, they think salmon and energy. but the energy bp produces up here creates something else as well: jobs all over america. engineering and innovation jobs. advanced safety systems & technology. shipping and manufacturing. across the united states, bp supports more than a quarter million jobs. when we set up operation in one part of the country, people in other parts go to work. that's not a coincidence. it's one more part of our commitment to america. >> facebook's web site separate global service disruption after users were left unable to use the network for 20 minutes. users from france, south africa and belgium and germany were unable to log in to face book. the cause is unknown but service was restored in less than an hour. stocks, $64.90, nobody cares. amazon debuting gunfire phone, a special display that simulates a 3d image and instantly connects you to amazon's massive market place. the device currently available for pre order on amazon's web site. it will begin shipping. amazon, 831. that stock is down almost 2%. janet yellen, who is buying that? the real halftime coming up next. stuart: the halftime report, we have with us ed butowksi, liz macdonald right here. janet yellen a beat on the future of the economy. are you buying that? tres knippa did not buy it early on the program. >> i agree with tres knippa. there is no way to be excited about anything. we are going wrong direction. for gdp growth is so low that if you start analyzing it we have zero nominal growth in gdp in this country and that trumps all other economic measures. you can say whatever you want, janet yellen but the reality is the facts don't support what you are saying, no reason to be looking forward and saying positive things on the rise and because i don't know what you are looking at because nothing shows that happening. stuart: she set off a nice rally in the stock market after she came out with those comments. investors like what she said that you may not. last word to you? >> i don't buy it, i don't buy anything they are doing out of washington at all. she could say all they long but the stock market might have risen but the economy is not rising unfortunately. stuart: try this one coming out of washington. one republican, one democrat, both of impala in for a $0.12 gas tax increase to fund highway projects. i can believe a republican is calling for a tax increase. liz: no lock box for a gas tax increase. we are paying for a 2014 highway system on $1,993. the issue is this is not just money being thrown down a pot hole, it has been done for museums, landscaping, they're still is no fiscal property when it comes to the highway trust fund and how it has been drained steadily for projects that do not improve highways and roads. stuart: back to you, you follow consumer spending very closely. what does that do for growth? we got news on consumer spending? go. >> consumer spending i got to tell you i don't follow that number in terms of things that have a lot of economic relevance. consumer confidence, retail spending, things are sinking unfortunately. if we see better retail spending that is the tactic but the gdp number from step everything. that is the one you need to focus on more than anything else. stuart: what do you have, nickel? nicole: foreclosures for coach which already has been suffering particularly in competition against michael course. right now you see there is a great comparison year to date. coach is down year to date, but they have been doing great. coach is announcing 70 store closures into next year, they are trying to do some promotional pricing at their flagship store and now they are trying to move away from that but they are trying to stay in that luxury bracket but have an old time holding on to market share. stuart: coach is down 10%. nicole: is hitting a new low. all the analysts seem to feel they are working on a new strategy in september. new merchandising guys in september so that is something we will look for. stuart: investors talk about that. keurig is opening a factory in the discounting, georgia, not far from coke. would do you smell something? >> it could be. the coffee business is booming and it makes sense that coca-cola would look at it because they are opening up, coca-cola is a global industry and a global company but that company has grown, opening a new factory is great. i like the company a lot. stuart: that is it for the real halftime report. thank you very much indeed. coming up next another addition to the sharing economy on demand duties services. hair cuts, makeup, artist deliver right to your home. that is next. ♪ [ female announcer ] we love our smartphones. and now telcos using hp big data solutions are feeling the love, too. by offering things like on-the-spot data upgrades -- an idea that reduced overcharge complaints by 98%. no matter how fast your business needs to adapt, if hp big data solutions can keep wireless customers smiling, imagine what they can do for yours. make it matter. i got more advice than i knew what to do with. what i needed was information i could trust on how to take care of me and my baby. luckily, unitedhealthcare has a simple program that helps moms stay on track with their doctors and get the right care and guidance-before and after the baby is born. simple is good right now. (anncr vo) innovations that work for you. that's health in numbers. unitedhealthcare. stuart: the sharing the economy continues to grow, a hair or make a stylist will come to your home if he goes through an apps called style b.. they have been professionals to your home. the ceo and founder joins us now. have i got that right? is that correct? >> yes, thank you. stuart: hope i got your name right. i will go through this and make sure i got it right. if i get a style air when on my old smart phone, not -- if i hit the air when you will tell me if i can get a hair dresser to come to my house, at what price and in what timeframe? that is what you will do for me? >> correct. it works like a lot of other air when, on selective service, select makeup application, blowout or combination of the two, we tell you the prize, how long it will take and you can select the service. that could be as last minute as two hours from when you book it or a day or two at of time. and you make reservations and within a few minutes you receive notification of details and information on the professionals that we collected. stuart: that is a key word. professional. makeup and hair dressing is a license profession. gee you only eat use licensed professionals from barbers and hairdressers? >> we do. that is a really great point. in spite of our selection process, we look at the license, we look at their understanding, we make sure that their licence and quality of the work is very high. stuart: wealthy people of all is been able to do this. i can see how your apps is useful? we are talking home service here for makeup and hair. i would think that is relatively expensive. can you get the price down? >> that is the great thing technology which has enabled us to do. and explosive growth and mobile devices, aggregate supply and demand which in turn allows us to lower the price so as of right now, today, the only people who have booked this service are in homes and offices, spending a lot of money on the services a what we are doing, basically democratizing the services and bringing the price down. the average price of our service is on par with salon services everyone can afford that. stuart: are professionals competing with each other? if i say i want a hairdresser at my house tomorrow morning to various hair dressers compete for my business to compete on price? do they do that? >> there is no competition on price. we set the price of this centralized. we had a price point which was $50 so you can get high-quality professional licenses with great expense for $50 to come the house. there is not really competition because the selection of a professional is based on the client's process and the location. if you're making a booking in los angeles or in specific places in san francisco, the choice of the professional would be based on the actual geography of the client as well as the problem of the client. if you have dry skin or curly hair we will match you with a professional. stuart: i can see you are in san francisco, you talked-about calif.. are you operating nationwide or is this just california at the moment? >> we are in california, san francisco and los angeles. stuart: i you going to expand? >> very soon. new york is next. stuart: very interesting idea. thanks for showing it with us. thanks, appreciate it. $50 to blow out your hair.is th? >> i wouldn't pay for it. look at my hair. that is a clear indication. stuart: comment on the lady's hair. your take is next. >> something about when you say it, it just sounds smarter, you know, than the other guys on the show. [laughter] the dow jones industrials were down 100%, and we have to get our lives in order, and we've got to get the prices up. it just sounds different, i've gotta tell ya. stuart: sure does. [laughter] that guy's great, larry the cable guy, on with us later today. glad we could get him on the program. now here's your take on the rest of the show. chris, on my side when it comes to the importance of the world cup. he says, this is chris: spain's loss is the biggest story. no hitters are big here in the u.s., world cup actually means something. he's referring to spain being out of the world cup, and that no-hitter that was reported last night. that's it, my time's up and now here is deirdre lt bolton. >> thank you very much, stuart. detroit is rolling out a new hybrid pension plan. retirees will keep some valuable features, have to give up others. we have it for you. argentina in hot water, two u.s. supreme court rulings against it. we're going to tell you what the decisions mean for investors in argentinean debt. and t-mobile does not want to be an also-ran. it's letting users stream music for free. why the ceo is letting people listen to pandora, spotify and others without data charges. well, pension officials and retirees from numerous states and cities watching what happens in detroit. the city is negotiating a scaled-back pension plan with local unions

Related Keywords

Australia , Alaska , United States , Vermont , China , California , Russia , Washington , District Of Columbia , Ukraine , San Francisco , Nigeria , Netherlands , Belgium , Libya , Glenville , New York , Point Stuart , Los Angeles , Spain , South Africa , Canada , Germany , Argentina , Iran , Texas , Georgia , Green Mountain , Oklahoma , Iraq , New Jersey , Saudi Arabia , Paris , Rhôalpes , France , Americans , America , Canadian , Russian , Canadians , French , Iraqi , American , Bob Corker , Ebitda Los Angeles , Dan Henninger , Eric Cantor , Sunni Muslim , Pandora Spotify , Chris Murphy , Lois Lerner , Samantha Murphy Kelly , Janet Yellen , Harry Reid , Kevin Mccarthy , Liz Macdonald , Barack Obama , Al Qaeda , Stanley Goldman Sachs , Dan Charles , Nolan Ryan , John Boehner , Stuart Varney , John F Kennedy , Paul Krugman , Ted Williams , John Stossel , Andrew Napolitano , Ted Cruz ,