Transcripts For FBC Varney Company 20140909

Begin. Two numbers for you right off the box this morning. According to a New Washington post abc poll a majority says president obamas presidency is a failure and that word was used, failure. 52 believed it to be a failed presidency and this from gallup. Only 14 approve how the legislative branch is holding its job. The lowest Approval Rating two months before elections that the poll has measured since 1974. Special report host bret baier is with us this morning. You have seen those numbers. What do they mean for the elections in november . They are starting to means this could be turning. We start to see some pundits, election watchers who are well known, saying that he sees a republican wave election in the fall. That is pretty unique this far out for some of these guys who do the crystal ball predicting. Obviously you have a long time between now and november 4th that these polls and a sense about president obama and his leadership, that washington postabc poll is most telling and most dangerous for red state Democrats Holding onto their seats. Stuart today president obama meets with congressional leaders before he addresses the nation on thursday. It looks like he is going to get everything he wants from congress in terms of attacking isis. Looks that way right now. It does. He will address the nation wednesday and it is not official yet, it is a prime time address. What does he say if it asks for time to speak to the American People . It does seem congress is rallying behind the president as far as what they need. It does not seem that the administration is inclined to have an up or down vote on the authorization. They feel they have the authorization as opposed to last time which is unique. Last time he talked about bombing in syria over chemical weapons the default was to go to congress. Now it seems while they are going to ask for money there is not going to be a vote up or down on authorization. Stuart is it possible both sides of the aisle want president obama to go further with bombing ices than he is prepared to go . Notably bombing inside syria . There is a sense that democrats and republicans have grasped on to the threat from isis and you are starting to hear that. Theres a wing in both parties that doesnt want that but the votes seemed like they would be fair if the president went down that road. It does not seem he is going to go for the authorization to hear it told inside those meetings in the white house. The president is the one that needs the convincing about those kinds of airstrikes. Stuart it has been some time since i saw an address to the nation. It is possible we will have this address to the nation primetime wednesday evening. That is a unique event in america, is it not . It is and he has used it sparingly. The question is if you get that and it is a prime time address, does it rise to the level of substance where there is something being said that is an action . We will see. It maybe he is laying out a longterm strategy against isis because they had some fits and starts about describing that. Stuart i call it a pivotal week in politics and power. Would you go along with that . I agree. It has an effect in the shortterm and longterm. The short term there are many that has taken a long time about decisionmaking about what to do with isis in iraq and syria it is hurting them publicly and long term what are you going to do about the threat . Stuart we will be watching special report tonight as always, best political tv show in america. Always good. Check the big board, where are we . This tuesday lunch time were moving a little lower down 60 points, we were close to 100. Isnt the 500 a little bit. 3 . Home depot confirm the data breach beggars and the one at target, reportedly 60 million customers exposed, back to april of this year. The ceo of night life and security about this as home depot did not follow security protocol because they were trying to cut costs. Sales down for a third month in a row, 2. 8 in the United States. Is was about millennials looking for healthier options. Is it a shift in food taste for lack of a better word . Or lack of money for customers mcdonnells traditionally relies on . Absolutely the lack of money. And when you dont think theres a shift in taste, for healthier options. Money will drive when it happens to all of us, how much money do i have . The reality is mcdonalds is not only millennials potentially here and middle class in the United States but overseas, that is where mcdonaldss growth will come from. Samestore sales overseas of dropped more than the United States. It is a slow worldwide economy. Stuart what about chipotle . Their best stock is gone up, Customer Base has gone up, they are more expensive and healthier. They claim to be healthier. Is not healthy. Look at me. I eat there. It is not guilty of. You get filled up quickly and it is good value for the amount of money were spending but overall do not think we are shifting our mentality and what we want to lead. It is about money. Costs are going higher, people have less money. Stuart would you buy mcdonalds and 91 . Bill all the laydown, 91. Not a chance. Stuart another case of healthier options moving the market. General my point of view, the premise of the show. General mills, oldline traditional food, buying annies which im told is a new age fresh natural food kind of place. I know that any is is up. Are you going to sit with my characterization with the new age health in natural organic, natural, that has been growing over the last decade, it has been up 12 with a compounded rate over the last decade for organic and Natural Foods that industry has been growing. It is not a surprise that General Mills wants to continue to grow in this natural food industry. They are paying 46 a share. This is the deal. A 20 million expected to close by the end of the year. Look how it is jumping, it is up 40 today. Stuart thanks, ed butowksi, you have 10 seconds. It is about money. Organic foods huge. Imus in the morning when you said that already. Check the share price of apple, the big event today, two hours from now it is the big event. We are expecting new iphones with bigger screens and apple smart watch. More details on the new mobile payments system. Weiner jalalabad that. Adam alisha and ski, fortune magazine, inside apple. He is with us in the flesh in new york today. You got to tell me about tim cook because i think this man has to wow the crowd. If you wants to be a worthy successor, innovator to see jobs he has got to produce Something Really new and different. Can he do it . Deegan doing and i dont agree with you. You said two things. Has to wow the crowd and has to produce Something Really new and different. Agree on a ladder, apple has to present something new or different if not today but eventually. The crowd, tim cook will never while the crowd. He is nazi jobs. We should begin with that. Stuart he would if he came up with something genuinely new, different, out a box and innovative. I think the company will. I know the company is trying. I dont know they will do it today. We assume it will be a smart watch and it could be nifty but it wont be ready yet. That is something Steve Jobs Used to do as well. It is hard to stay in the moment is going to be the big thing. People kind of snickered at the ipad and the ipod got off to a slow start. We dont always know these things on day one. Stuart i would say apple is the best Technology Company in the world, the coolest and had the best reputation. Probably makes the most money. Do you think it will maintain the position in the immediate years ahead . In the immediate years ahead, absolutely. Stuart samsung came out with nick gadgets which were innovative, big screens, the watch, all the rest of it. We have seen samsung do that before and not sustain it. Apple has a global basis of rabid fans. 15 years ago and had a base of rabid fans that they were tiny but today it is everybody. Not saying there isnt room for samsung in two or three at is that apple will continue to do well for the foreseeable future, not forever. Stuart is that the nature of your book . That is what he said in a book, inside apple. The company no longer be insanely great that may be merely great and merely great, pretty good. Stuart world leader continues. This is important because america is the home to the greatest Technology Companies in the world. That is my opinion. Apple is the greatest of the great. Is important that apple maintain that position. Good shot is any and better than most. Stuart when you think they might come out . Something different from everybody else. It would totally excite me if they dont do any of the things people said they were going to do, instead come out with the greatest Television Never made but dont hold your breath. Stuart is it possible . Anything is possible. Is it likely . No. Stuart at an end tim clarks presentation, one more thing. That is not his thing and if is not the direction they are going, you see leaks in every seat. They are purposeful. They want us to be prepared. If we were not surprised that would be a lot. Stuart yes i do. It would be a tv moment. Thank you, adam. Reminder less than two hours we will find out of apple and tim cook and live up to all the hype. We will take you there live, 1 00 eastern, we will be there with us. An indicator of the new normal in the obama economy. 19 of the unemployed spending time looking for job. Are we being meanspirited by pointing that out . We have the details in just one moment. Hey, how you doin . It hurts. This is what it can be like to have shingles. A painful blistering rash. If you had chicken pox, the shingles virus is already inside you. As you get older your immune system weakens and it loses its ability to keep the shingles virus in check. I just cant stand seeing him like this. Hes in pain. One in three people will get shingles in their lifetime. The shingles rash can last up to 30 days. I wish that there was something i could do to help. Some people with shingles will have long term nerve pain which can last for a few months to a few years. Dont wait until someone you love develops shingles. Talk to your doctor or pharmacist about your risk. A brand new start. Your chance to rise and shine. With centurylink as your trusted technology partner, you can do just that. With our visionary cloud infrastructure, Global Broadband network and Custom Communications solutions, your business is more reliable secure agile. And with responsive, dedicated support, we help you shine every day of the week. Stuart the market is coming back, we were down 50, we down nearly a hundred. Same with the s p 500, we were up 12 points, gold is up 2 in 1256. Price of crude oil 93 a barrel as of right now and that 10 year treasury yields is 2. 48 , the yield moving back close to 2. 5 . Barnes and noble lost less money. Stock is up. This loss of money is related to the spinoff of the nuke business next year. Lose less money, up goes. It has that 200 billion bigger than toyota. Stock has run up quite a bit because it is expected to make a serious money from mobile apps. 77 on facebook right now. Three headlines. A virus sickening thousand children from colorado to north carolina. Doctors suspect the rare respiratory virus related to the common cold. How serious is this . Some analysis from dr. Mark siegel in our next hour. To Climate Change the United Nations says there is no doubt that Global Warming is changing our weather, saying Climate Changes making it more extreme. That we are running out of time to save the planet, that from the United Nations. And the ford f 150, the bestselling truck for decades making a big change. Question, would you want to buy a truck with an aluminum body to haul your stuff around . We are going to get in one, drive it in the next hour. The nations jobless have Better Things to do than look for a job. The government reports only 19 who are unemployed spend time job hunting. 40 did some kind of shopping. I feel kind of meanspirited if i condemn the poor for not looking for a job 24 7. What is your take . I am looking to hire people. I need people, i ask the what theyre doing and people who are underemployed, might be a wait person working in a store, never even get a phone call. These people if they are working are working parttime, are happy working parttime so they can do other tieins. It is systemic, is the virus infecting the economy. Stuart what about the welfare track, if you provide food, housing and support for people who dont have a job then you encourage them not to have a job. Probably and a hard to make a broad generalization on everybody but people get comfortable. Almost like rigor mortis sitting in in their lives, this is i am comfortable now and doing okay. I dont need to get rich. I dont need to do much more. I am able to have direct tv and i am able to eat and i am okay. Stuart i dont condemn them because if i had been unemployed for six months, 12 months or whatever it is it takes the spirit out of you. I dont think i would be out a 24 7 pounding the pavement. I dont think i would. I am worried about condemning people, looking down on people because they are not looking for jobs all the time. Our job is to give people hope, give people a reason to believe good things are about to happen. We are not doing that. Bernard give me growth, 6 growth. That is why want any will turn things around. Cut corporate taxes and you will see a growing economy but until that happens and the president going on vacation tomorrow there will be a mention of the economy doing well and most people will say i dont see it. Stuart another big number, this is from the government, according to the federal reserve, the wealthiest 3 now possess 54 of the wealth. That is up from 44 in 1989. That is a wealth gap and that wealth gap is growing. No question about that. Lets not bring the wealthy down and tax the more. Lets bring the level up. It is all about growth, getting bigger. Stuart the wealth gap has expanded more quickly in the obama years because his redistribution policies havent worked. The people in the middle class, in the lower wage group basically their incomes are growing based on the cpi. The cpi is going to be the measure on what their Income Growth is. We know that. The people who are wealthier get paid based on performance, not based on a measure of the cpi. Stuart thanks very much. Two months from the Gubernatorial Election in california. Democrat jerry brown is the governor, clearly in the lead. Republican contender largely unknown even after Governor Brown scares businesses away from the formerly golden state. Neil kashakari month at next. Businesses come and go. It is not business is coming and going, it is tesla, toyota, schwab, nestle, on and on and they are all going. Theres a real problem. [ male announcer ] ours was the first modern airliner, revolutionary by every standard. And that became our passion. 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Stuart activevisions destiny goes on sale today, the most expensive video game ever made, the most free ordered new franchise in history too. The game has cost half a billion dollars to develop and promote. Stock is down 0. 02, half a billion for gain. Ebays paypal unit, accepting bitcoin payments. The secondbiggest Payment Network will take bit coin. Microsoft hitting a new high 40. I do own some microsoft stock. When it goes up that its a new high and we lead on thick. 4683. Lets focus on california. California republican candidate for governor taking jerry brown to task, not actually going to the state. The latest example is tesla. Welcome back to the program. You are catching up a little bit. Last time you were with this year down 19 points, now you are down 16. Now you have one debate and one good video. How do you get to been known to more people with just two months to go . Campaign allaround the state, we are making great progress and making jerry brown answer. At the end of the day in that debate i asked the voters a simple question. Jerry brown says were back. Is your family back . Are your kids in good schools . They you have the job you want . We focus on the issues families care about is how to beat jerry brown. Stuart should be a slamdunk for you. California has the highest poverty rate in the nation, 24 . You should be getting much higher polls, at the video when you took a bus to fresno and went for a week with 40 bucks and fell one it was like on the ground floor that was brilliant. Anything else lined up wind up like that . We are running a great creative campaign. We have a street shoestring budget and jerry brown is absolutely vulnerable, the Creative Things that are not coming to a surprise. And focusing on the issues families care about. You have the highest poverty rate in america, the last thing jerry brown wants to do is talk about that. He has been coddled his whole life, he thinks of himself as the prince who is entitled to the governor and i held his feet to the fire last week and he hated it. It has been decades since anyone has challenge jerry brown ended is time for someone to hold his feet to the fire and i will keep doing that. Stuart tesla decided to build a big battery plant in nevada, not california. Nevada gave some significant tax breaks to go to nevada. Would you have given civics significant tax breaks to go to california . My economic plan is not big on one business at a time. It is to improve the Overall Economic climate for all businesses, big, medium and small so they call thrive and grow. If we pass my regulatory reforms tesla is not going to ask for as much money in terms of tax break to come to california because right now we are 50 out of 50 states for jobs and business climate. When you are asking tesla to come to 50th out of 50 states they want compensation for the whole they are starting in so if we improve the economic climate now all this and we compete without having to spend more money. Stuart when it elected what is the first big thing that you would do . Easy. Canceled a highspeed train, what i call the treaty train. It makes more sense we have more important things to focus on. Stuart second thing . Reform of regulations. They are driving businesses out of state, driving jobs out of state. Elon musk is going to define whether his factories in california or nevada but the 6500 californians that could have had good jobs in california, they are who i am fighting for and why i am running for governor and the people jerry brown has forgotten about. Stuart thanks as always for joining us, come again soon. I got some breaking news for you. It is now official, the president will make a primetime address to the nation tomorrow night at 9 00 p. M. Eastern. He is expected to discuss isis and his strategy to defeat them. Fox business will carry that address live. It will be prime time tomorrow night at 9 00 p. M. Eastern. And address to the nation, unusual for president obama. The nfl has explained ray rice. They never saw that dreadful video from inside the elevator. Neither did the baltimore ravens. We have joe flacos agent on the show and he is next. In the next hour more obamacare mess. H r block says next april things will get very complicated and it is because of the president s Signature Health care law. 12 15, lou dobbs, we are going to get his take on the latest polls. The big one being 52 say obamas presidency is a failure. What dobbs will say about that. [ male announcer ] meet jill. She thought shed feel better after seeing her doctor. And she might have if not for kari, the identity thief who stole jills Social Security number to open credit cards, destroying jills credit and her dream of retirement. 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People have been lined up for some time. There is something funny going on here. They are not regular line waiters, are they . The people at the front of the line, i will show it to you. They have been here since August August 31. Who are they . Waiting online for weeks. It is september 9. They are paid by that company to wait in line. They get the new iphone for free. They are paying people to go into the outline. It creates a buzz for those companies. It is a circus out here. About one block full of people dressed in white. Craziness is god. Via scott online yesterday afternoon. She said very legitimately this morning i want the iphone six because i am ready for an upgrade. She wanted the pavement technologies. You do have the real apple fan here. Also the people just trying to get in on the buzz. Stuart that is another story. Good stuff. The wife of ray rice breaking her silence. One day have that elevator video comes out. To make us relive a moment in our lives that we regret every day is a horrible thing. To take something away from the man i love that he has worked for all his wife is horrific. This is our life. What dont you get . If your intention was to hurt us, embarrass us, make us feel alone, take all happiness away, youve succeeded on so many levels. Do you think it is justified . Before this happened, they had no policy. They have a policy of six weeks for a first offense. The punishment yesterday was indefinite suspension. Do we have a new policy now . I think they have to retrace those steps to make it clear to everyone. Stuart michael vick went to prison for a year for beating dogs. What did they think happened . The elevator video was shown months ago. He admitted there was a striking of his wife. What happened. What did the nfl think happened in that elevator. Stuart going forward, nfl players will be forced into better behavior. If you do not play, you are suspended. If you do not play, your contract does not pay you. I think you have to be mindful of your demographic. They need to send out a message to young people and parents. They are starting to be mindful of this. Stuart do you think that football is starting to have this negative image . The media perpetuates that to some extent. We do not sensationalize the kids, the players. We never see that. If we only see the bad, that is the connotation we will have. Stuart yesterday was a bad day for football. It was a bad day. We do not ever see that. Why is that . Stuart we really appreciate you coming on the show today. A very difficult moment and you did it. Uber drivers protesting in new york. It does not seem to be making that big of a deal. They have added 50,000 drivers a month. Details next. [ male announcer ] what if a Small Company became big business overnight . Like, really big. Then expanded . Or their new product tanked . Or not . What if they embrace new technology instead . 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Forcing luxury drivers to pay cheaper fares. Another report says the company is adding 15,000 drivers a month. The democrats have a constitutional amendment to shape finance laws. To stop people like the coke brothers from putting up negative ads. We have judge andrew napolitano. The democrats are debating publicly. You are very sharp producers. The concept is, to reverse the supreme courts opinion and citizens united. It basically says you need two or more people will want to pull together their money and attempt to influence the election campaign. They are absolutely free to do so. The democrats seem to forget. It is every citizen united think tank. There is richard and united automakers. Inconceivable to me that either house would offer this. Three quarters of the state has two ratified. Stuart it is about demonizing to people. If republicans are wise, congress should make no law. Then they can demonize. I support richards right to preach his aggressive nonsense. [laughter] stuart i know where you are coming from, judge. It is sad that anyone in the Congress Wants to tinker with the bill of rights. It has never, ever, ever been amended. We have added 0. 17. The first 10 have never been tinkered with. George the third hated the bill of rights. Stuart he was crazy. It was taught as that is why these on that is why we lost america. When you say this kind of thing, i believe you. Stuart so many people think i am an englishman. I think like an englishman. You are an american with a british accent. Stuart thank you. [laughter] thank you, judge. The ceo of a company that promises. A moment of levity from former president bush and clinton. President bush giving his predecessor some advice on being a grandparent. It will be an on some. For you. Get ready to be the lowest person in the parking order and your family. [laughter] so what were looking for is a way to plus our Accounting Firms mobile plan. And minus our expenses. Perfect timing. Were offering our bestever pricing on mobile plans for business. Run the numbers on that. Well, unlimitetalk and text, and ten gigs of data for the five of you would be. Oneseventyfive a month. Good calculating kyle. Good job kyle. You just made partner. Our bestever pricing on mobile share value plans for business. Now with a 100 bill credit for every business line you add. Space. Stuart regenerative cell therapy could hold a promising sure. David is the ceo. That is a Company Working to make that she or a reality. We take a biopsy from the back of the scope. We replicate it into the millions. It is a whirlwind of the achilles tendon that we are currently moving into clinical trials. I will go through this again. You take cells out. You put them in a lab. Tender notices is really hurting. It regenerates those cells. Stuart you can to your tender notices. Absolutely. It should start in the next month or two. You have to prove it is the cure. Stuart you can cure it 100 . It does not prevent someone from a repetitive injury. If they are doing a repetitive motion that continues to tear the tendon. They can reinjure themselves. Stuart faster than any other form of treatment cure. You require a medical intervention. The standard of care is a centric clothing. We are treating patients that sailed. Taking six months to return someone to active function. It. Think of veteran affairs. Stuart how much for the cure . Three 5000. Stuart manageable. David, thank you very much for joining us. We do appreciate it. We are just an hour away from apples big event. We are live in california coming up next. Home depots data breach could be bigger than targets. The second hour is two minutes away. There was no question she was the one. She reminds you every day. But your erectile dysfunctionthat could be a question of blood flow. Cialis for daily use helps you be Ready Anytime the moment is right. You can be more confident in your ability to be ready. 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Honestly, its time to switch to the venture card from capital one. With venture, use your miles on any airline, any flight, any time. No blackout dates. And with every purchase, youll earn unlimited double miles. From now on, no ones taking your seat away. Whats in your wallet . Stuart investors to tim cook, do not disappoint. You can feel the highest allaround the tech world. Tim cook is either a worthy successor to the visionary steve jobs or an executive worthy of running steve jobs company. We expect a bigger screen for the iphone six. The Technology World wants more. Do not disappoint. We are one hour to the big event. Apple stock is up about 99. 50. The hype is absolutely enormous. Do you think that tim cook will produce something totally unexpected . A real shock to the system. Will he do it . I have heard from a number of sources to expect to have your house pulled off today. A pretty big lunch, i would say. When i heard from sources at apple yesterday, it will be much bigger. Apple build a threestory Tall Building outside the main event. This threestory structure theyve built from scratch over the last few weeks. I expected to be a little bit of a hands on area. Make no mistake, this is a new apple. You see it reflect did in the advertisement. I have been covering this company for a bought those years now. It feels like a less stubborn apple. You know steve jobs was a stubborn guy. I know that apple was receiving a lot of ground. There is actually a market for it. People are buying these things. Stuart we should be prepared to have our hats blown off. The stock is beginning to gain some ground. It is of in advance. The stock will probably go down. The markets are reflecting your thoughts. I am reminded of the ipad. You remember coming out of it. That was it. Just a larger iphone. It was not until people got their hands on it. A few weeks later when people started touching it and playing with it, the first ipad was a moderate success. Stuart are you suggesting that maybe there is Something Really new and different . Is that what you are thinking . Absolutely. I think that this is a hands on area. I think it will be really interesting to see if we do get hands on. That would be fascinating. We have not seen any leaks yet out of china. I would hesitate to wonder whether or not we will see some hands on. Stuart it is just so obvious that you live with this. Click and morris, everyone. Thank you very much indeed. We will find out if tim cook can live up to the hype. We will take you right there. Moving on. Check the share price of home depot. A person briefed on the investigation tells the New York Times the total number of credit card numbers stolen is 60 million. The ceo is with us now. You are breaking fresh ground. You are saying that home depot did not do a daily check of the security logs as they are supposed to do. One of the interesting things recently did a study where they did a number of security professionals. Those professionals were not being diligent. By continuous monitoring, i mean activities that would allow them to check. What we learned from the target breach is that with this particular malware, the information actually was being logged to theirs standard security logs. We know that this kind of thing should have been detected. It should have been detected and it was not. That is essentially why most companies do not check their logs regularly. One of the, i guess, more upsetting things about this is that home depot lets this go for about five months before they actually caught it. That is a huge amount of time. Stuart and individual had to say do not check on a daily basis. Somebody is at fault here. I would imagine similar to target we will see resignation come down. I think that when people are putting budgets together, there are certain functions that are overlooked. Stuart they will from here on out. I think you are breaking new ground with that. We appreciate you being here. We have a pretty big name. This Company Looks like it is on the wrong end of a trend. Nicole let take a look at mcdonalds. They warned about, remember we talked about the supplies they are. They were passed that expiration date. They saw weakness abroad as well as in the middle east. The numbers move to the downside. I want to take a moment to do a comparison. Burger king is really that outperform her here. It is up over 40 this year. They have cut their headcount. They generate 400,000 in sales per employee. They really are, they have trimmed their cost. That is what they have basically done. It spiked when they said they were leaving for canada to get away from americans high taxes. Some fast food operations do well. Make donald is not. I am going to go to both tonight. Stuart General Mills going organic. They are buying. There is a fresh nutritional kind of food place. A new movement that General Mills. Check the big board. We are still down 60, 70 points. Earlier this year, ford announced their ford f1 50 truck. Jeff flock had a chance to ride in one of these things today. Come on in, jeff. We want to know. And aluminum f150. It is a different feel. I am a lot like you. Today, after having driven the truck, i am a believer. This is aluminum. That is what it looks like now. I tell you, they have done tests. This will not rust. Look at how light it is. One finger. We take a look at some of the pictures. It is very tough. We have toyed with it. I do not feel a difference. I feel like it is as good as the old truck. Stuart a truck has a certain feel. If the new aluminum truck has the same seal, i am in the market. This is where they are testing it against the silverado. It is a different feel. It has a different feel. If you drove it, i think you would be impressed. It handles better than your man. Stuart i am going to drive one. I may buy one of those things. That is a threat. They are actually a good price. They have held the line on price. Stuart see you later. 1000 children. Doctors say it is related to a common cold. Doctor siegal at 12 25 p. M. On this program today. The chief of h and r block tells us why. The latest fax that proves they really is inflation. Milk prices. Record highs. You are paying for a lot of things when you go to the Grocery Store. His presidency is a failure. What does lou dobbs think about that . He is next. Can you start tomorrow . Yes sir. Alright. Lets share the news tomorrow. Today we failrly busy. Tomorrow were booked solid. We close on the house tomorrow. I want one of these opened up. Because tomorow we go live. Its a day full of promise. And often, that day arrives by train. Big day today . Even bigger one tomorrow. When csx trains move forward, so does the rest of the economy. Csx. How tomorrow moves. Revolutionary by every standard. And that became our passion. To always build something better, airplanes that fly cleaner and farther on less fuel. That redefine comfort and connect the world like never before. After all, you cant turn dreams into airplanes unless your passion for innovation is nonstop. Stuart take a look at facebook, please. Facebook stock at 77. Netflix. We keep an eye on it. 489 per share. According to a new poll, a majority, 52 says the Obama Presidency is a failure. Welcome. It is good to have you with us. That was a stunning statistic. 52 , it is not as if we have all been waiting for that. This president has been a blame doc for the last he is not succeeding in domestic policy. There is no joy in this. Absolutely. There is no joy in seeing the failure of a presidency of the United States of america when you have two years left in this term. You reach out to other emotions that are being felt in this country. There is a great sorrow that has fallen the country. It is why Small Businesses are struggling. Government has become oppressive. Leadership of this president. A brilliant or splendid. He is monotone and his presentation. He has to have a teleprompter when he departs from it. It is a disaster. Washington post. 74 support airstrikes against isis. A very serious threat against the United States. This is an incident where the people are leaving the president. I almost wish i could agree with you on not. People who really have very little standing in terms of their perception and their insight and political affairs. You have Lindsey Graham and john mccain wanting to go to war against the same outfit. We have a great disruption between the message in this country and the reality that exists in foreignpolicy. The reality is, iran is the number one issue for this country. Not isis. It should not take a long board to deal with and outfit like isis. We should never again enter the business of long wars. I will point to you and show you a man that should take those stars off and not be heard from again. Stuart in your opinion, what should we do . The first thing we should do is tell them that this is it. This is a matter of quiet diplomacy. Let me be clear. You will not have them. We will strike at a time of our choosing. I would make a public announcement of it. This is something that does not appeal to this president. They want to make a big presentation on stage. We have talked about some very serious stuff. Stuart would you be caught dead . I would preferably be caught alive. It may upset a few. Stuart jeff flock driving away and one as we speak. I love ford. I have ford products all over my arm. This aluminum body, aluminum bed takes 700 pounds out of the weight of the truck. Puts it in a new class in terms of the epa. It will be great. I love those ford. My fords are so strong and so terrific that i do not have to replace them quite yet. They are terrific trucks. The reality is, ford says this has been a number one seller for years. I want to give credit. Absolutely. What a gamble. That is a gamble. I think it will pay off. We are showing apple at 100 a share. There is a chance of Something Real serious coming out of tim cook this afternoon. All of the apple shareholders had better hope so. Stuart would you come again . Anytime, partner. Stuart doctors still do not know exactly what is causing it. [ hoof beats ] i wish. Please, please, please, please, please. [ male announcer ] the wish we wish above all. Is health. So we quit selling cigarettes in our cvs pharmacies. Expanded minuteclinic, for walkin medical care. And created programs that encourage people to take their medications regularly. Introducing cvs health. A new purpose. A new promise. To help all those wishes come true. Cvs health. Because health is everything. Watch this. Sam always gives you the good news in person, bad news in email. Good news fedex has flat rate shipping. Its called fedex one rate. And its affordable. Sounds great. [ cell phone typing ] [ typing continues ] [ whoosh ] [ cell phones buzz, chirp ] and we have to work the weekend. Great. More good news its friday woo [ male announcer ] ship a pak via Fedex Express saver® for as low as 7. 50. [ male announcer ] ship a pak via Fedex Express saver® an Unprecedented Program arting busithat partners businesses with universities across the state. For better access to talent, cutting edge research, and state of the art facilities. And you pay no taxes for ten years. From biotech in brooklyn, to next gen energy in binghamton, to manufacturing in buffalo. Startupny has new businesses popping up across the state. See how startupny can help your business grow at startup. Ny. Gov having a perfectly nice day, when out of nowhere a pickup truck slams into your brand new car. One second it wasnt there and the next second. Boom youve had your first accident. Now you have to make your first claim. So you talk to your Insurance Company and. Boom youre blindsided for a second time. They wont give you enough money to replace your brand new car. Dont those people know youre already shaken up . Liberty mutuals new car replacement will pay for the entire value of your car plus depreciation. Call and for drivers with accident forgiveness, Liberty Mutual wont raise your rates due to your first accident. Switch to Liberty Mutual insurance and you could save up to 423 dollars. Call Liberty Mutual for a free quote today at see Car Insurance in a whole new light. Liberty mutual insurance. Ray rice scandal, nike terminated its contract with rave rice and Electronic Arts announced new will drop rice from the mad and 15 video game. The changes to the roster will take place friday. Last hour we spoke to the agent ray wrights former teammate, joe flaco, who says the nfl needs to make it clear they will not stand for this behavior anymore. Will take. If you are mindful of your demographic which is the entire country because it is so popular. You need to send a message to young people and parents dont condone these activities, the drugs, the vw is, domestic abuse, starting to be mindful of this and it is a good lesson because kids look up to these guys. Stuart nike and Electronic Arts are not alone in a pending rights. The Sporting Goods chain, dicks hand models will no longer sell ray rice jury sees. This virus spreading across the country is hospitalized more than a thousand children with severe respiratory problems. There are reports of 10 or 12 states in the midwest, south, southwest. Joining us is dr. Mark siegel, fox news medical a team. I will try to synthesize what we heard about this virus. Seems to me that it is serious for children with respiratory illnesses already. It is not that serious for others. What do you stay . You are right. 10 or 15 mrs. Every year. One of the most common viruses around. This one is affecting breathing, respiration, but as you said, we are seeing 15 of kids getting hospitalized. Nothing to take lightly but those kids tend to have as much a. Young kids with asthma on the already breathing difficulties and getting in trouble, no one has died of this. I think based on previous years it is probably going to decrease by a the winter. Identic specter to go beyond the winter. It may spread to more states. Stuart primarily young children. The oldest patient is 16 or 14 or 15. You could get this if you are an adult. The centers for Disease Control told me we have been underestimating this in previous years. It may have been around. We may not be reporting to. Psc in the cluster so we are more aware of it than before. Other people will have a mild cold like situation with fever and sniffles and coffee. As my you got to worry. Stuart i got some more for you coming up. There is another shift within the millennial generation or by the millennial generation, theyre not eating as much junk food specifically mcdonalds. We will talk millennial after the break but first really dramatic video for you. Flash flooding in arizona, remnants of hurricane norbert dumping record rainfall in phoenix and tucson, widespread damage, road closures, two People Killed as a result of a flood that you are looking at right now. Its monday, a brand new start. With centurylink visionary cloud infrastructure, and Custom Communications solutions, your business is more reliable, secure, and agile. [ female announcer ] we love our smartphones. And now telcos using hp Big Data Solutions are feeling the love, too. By offering things like onthespot 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. When your favorite food starts a fight fight back fast with tums. Relief that neutralizes acid on contact. And goes to work in seconds. Tum, tum tum tum tums try great tasting tums chewy delights. Yummy. Stuart 30 minutes from apples big show. The stock reach 100 a share. Jo lin kent is outside apples big event, clean morris told us have an hour ago that tim cook is going to while us. He will blow hats off. That was the expression used. What are you hearing . That is certainly the hope. I will tell you right now suddenly it has gotten eerily quiet, hundreds of journalists and analysts waiting to get into the big right building. And the anticipation is very high, if they have an eye watcher, it would be the first product in four years. And there are choppers overhead, they are buzzing, you can years and now. And the lot of hope for those two i phones. Stuart im reading between the line. You love and and so does our audience. They want to know if tim cook is going to be just a knockout leader of avalanche taking into a new generation of innovation. That is what everybody is looking for. Tim cook wants that for tim clark and if you a look at the level and tone of this event, tighten level of security and organization, a lot being put into it. 1984, this is where they debut of the macintosh a mile from their headquarters. A lot of anticipation, we will see what happens but kennecott is the drought that our. Stuart we will join you in 24 minutes, we have got you. Check the share price of mcdonalds, sales down in the United States, third period in a row that the sales have been down. We brought you the study of millennials choosing healthier food options over mcdonalds. Young Americans Foundation spokesman ashley is with us, you are a millennial. We want you to confirm that you people have a different food preference set. Is that accurate . You dont eat at mcdonalds . I told you on this show before that i personally enjoy wendys alive like a good fastfood burger, but i will say our generation we are looking for healthier options, more shot at places like trader shows, fresh market, fresh, healthy organic options. And half of us, less than 35,000 they need to be more affordable with some of these options when it comes to eating organic. It is shocking to me, and sales and going down among our generation, look how are we able to afford this Healthy Eating lifestyle . When i go to the Grocery Store it costs much more to grab ships or junk food. Stuart very good. Thrift is reborn in your generation. Sounds like it is. And General Mills buying and thes, thatch is a shift towards healthier foods, General Mills is an oldline company. The new sophisticated and all the rest of it, you appreciate that. They paid 20 million at this. They use fresh ingredients and not loaded with High Fructose Corn Syrup or other chemicals but they are against genetically modified organisms. We dont know anything about that. I like that theyre using fresh ingredients but i got to tell you macaroni and cheese is still macaroni and cheese, pizza is still pizza. They dont only sell celery sticks, we are talking mac and cheese. Ashley probably eats that and so do i. Stuart i will read a statement from annies. To cultivate a healthier and happier world, by spreading goodness through nourishing foods, honest words and conduct that is considered and forever kind to the planet. Makes you feel warm and fuzzy. There have been times i have purchased annies off the shelves because it is better than kraft macaroni and cheese. That is something lot of young people if youre looking for quick by, quick to eat and something relatively cheap, you are paying more for annies but it is organic has made with fresh ingredients and that is more attractive to young people. Stuart last word to you. It does have lower sodium. You are looking for a different way to market the same products but with healthier twist and i think with a lot of young people who are now into fitness routines and you see them becoming more attractive, it is playing into the whole young people being active and healthy generation. Stuart one day, i will tell you the diet i was brought up on in england in the 1950s. You have salmon on your toast. Stuart i did then. No one likes doing taxes and because of obamacare when april comes around, it will get a whole lot worse. The ceo of h r block is next. Want to know how hard it can be. To breathe with copd . It can feel like this. Copd includes chronic bronchitis and emphysema. Spiriva is a oncedaily inhaled. Copd maintenance treatment. That helps open my airways for a full 24 hours. You know, spiriva helps me breathe easier. Spiriva handihaler tiotropium bromide inhalation powder does not replace rescue 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 can 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. Sfx blowing sound. Does breathing with copd. Weigh you down . Dont wait ask your doctor about spiriva handihaler. Nicole i am Nicole Petallides, the Dow Jones Industrial average down 62 points sitting at 17,049, we are seeing the s p down 6 and the nasdaq composite down 1 4 . Financials have been weak. Some winners, microsoft and netflix in new highs but the financials, goldman sachs, jpmorgan and American Express always down arrows, down 20 negative dow points a third of a loss, financially related stocks and the airlines closely, United Airlines continental has been a top takeover at Credit Suisse bluray initiated coverage on the Airline Industry but could outperform ratings on delta, American Airlines and air topic with United Continental on the downside, it is a mixed bag of the group overall. Many of these names are up 30, 40, 50 this year. More fox business coming up. 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. Thats not a coincidence. Its one more part of our commitment to america. Hi, are we still on for tomorrow . Tomorrow. Quick look at the weather. Nice day, beautiful tomorrow. Tomorrow is full of promise. We can come back tomorrrow. And we promise to keep it that way. Driven to preserve the environment, csx moves a ton of freight nearly 450 miles on one gallon of fuel. What a day. Cant wait til tomorrow. Stuart halftime report, theyre real halftime report, tres knippa is in our studios in new york. We are going off the beaten path. Milk prices rate of this year and they i now at an alltime high i believe. That tells me inflation is real no matter what the government tells me. I am feeling it and you . Isnt this part of the daily news coming out of the fed . Any time janet yellen goes to the Banking Committee inflation is not a problem. We dont have enough inflation which we are not reaching our inflation targets. If i get told that one more time i will scream because it is happening. Isnt also odd that we are throwing out food and energy as components . Wishy is looking at is wage inflation. Stuart does she only but at core inflation . She just looks that way inflation. It for get food and energy or how much things cost. She is primarily dictating this is historical, a historical thing the fed focuses on, wage inflation. Are you seeing wages generally rise . Absolutely not. Stuart that is where it comes from. I am confused. I know as a consumer there is inflation. Food, energy, i see it. Health care costs it university costs, we could go on all day. Stuart she is not talking about that. Wage inflation, something completely different. She is taking a page from other central bankers. It is the pc be worried about deflation. Deflation is a good thing. If i am a consumer i want things to cost less, not more. Stuart did they teach you that at mit . The opposite of what everyone else is saying . Did they teach you that . Central bankers or economists. I cant say take a ton of money. The ceo of h r block is the nations largest tax preparer, says get ready for an extra complex tax season thanks to obamacare. The h r block ceo right here in new york. Start out for me. What ways next april is my life going to become more complicated tax wise . It may not. You have to test you do have Health Insurance from your employer. Stuart is that a special form . It will be next year for the following you have to check that you have Health Insurance. Stuart and tell them where i get that Health Insurance and how much i pay for it. You will test for this year that you have Health Insurance. It gets more complicated and you have a 1095 c form which you can get from your employer. Stuart that will be april of 2016. For 15 this year, there will be 8 Million People who signed up for the exchanges. They will receive form 1095 a which says to them that they have to they received healthinsurance and have to reconcile what was an advance tax credit. It is not a subsidy. It is an advance tax credit which you have to reconcile against your actual income because few took the advanced tax credit based on an estimate of your income so when you you have to do it by month. If you were in the exchange for part of the year so you have to list september, october, november and december. And then the law of the land which we do at h r block, if you did not take healthinsurance then you go to the penalty for which is 89. 65 that you have to pay tax penalty, but there are exemptions from the tax penalty. The religious affiliations, low income thresholds, or if there are other like utilities were shut off or whatever. And health and Human Services to receive that exemption. And refile taxes for you. Stuart this is bolden for you. This is money in the break for h r block. We are turning to it. We try to get the maximum refund for our clients. Stuart which mere mortal could go through this by themselves . They all meet h r block. I think we are ready. We spent a lot of money and Time Training our people. We are ready. Stuart when you are the most vigorous opponents of real tax reform. Simplification of the tax code would kill you. I did not lobby. I try to do whatever the law of the land is, that is will we try to do. Stuart when you will have a record year. Thank you. Stuart thanks to obamacare. The un, the United Nations at it again, says Global Warming is real and we need to act now if we want to save the planet. We will deal with that next. Your 16yearold daughter studied day and night for her drivers test. Secretly inside, you hoped she wouldnt pass. The thought of your baby girl driving around all by herself was. You just werent ready. But she did pass. cause shes your baby girl. And now youre proud. A bundle of nerves proud. But proud. Get a discount when you add a newlylicensed teen to your Liberty Mutual insurance policy. Call to learn about our whole range of life event discounts. Newlywed discount. New College Graduate and retiree discounts. You could even get a discount when you add a car. Call Liberty Mutual for a free quote today at see Car Insurance in a whole new light. Liberty mutual insurance. Stuart the United Nations says the rising level of Carbon Dioxide has sent Greenhouse Gases in the hemisphere to new record highs in 2013. Liz macdonald is here. You have read this. What was the headline that popped out at you from the u. N. Report . Liz ocean acidification. The oceans are becoming more as the. We can all agree pollution in the oceans is really bad. The aleutians act to absorb warming in the atmosphere. Ey ge is a real problem. Stuart we cannot measure it over time. We do not know the as city of the oceans in 185416 liz a good point but the oceans are very acidic right now. Of the world could come together and stop the pollution in the oceans that would be a positive thing because the trade winds act like a Conveyor Belt feeding off of the oceans. That would heighten the Climate Change activity but you raise an interesting point just now. What makes a trend . Is it 19 years of schooling . 20 years . 25 years . I dont think anyone is in agreement about where Global Warming is and where Global Cooling is. What i read the studies from the u. N. There is no consensus yet. If you look at it in terms of pollution that is away at it. What is going on with the oceans is dreadful. Stuart when you are saying Carbon Dioxide is a pollutant. Stuart as we speak. Liz it is Global Warming and a daily basis. Methane is greenhouse gas. I got you going. Stuart i am aghast bag. Liz this comes in advance of next years major world summit which the president is expected to attend with Climate Change rules coming down by 2020. If you point at ocean pollution you would get agreement on fat. Stuart a lot more discussion. Liz i know i didnt convince you. Stuart it was interesting. Two minutes. The gas bag. We are just minutes away from apples highly anticipated announcement coming at the top of the hour. We will wrap up all the headlines and tell you what we think is going to happen at the apple event. That is next. Whenwork with equity experts who work with regional experts thats when expertise happens. Mfs. Because there is no expertise without collaboration. [ inhales deeply ] [ sighs ] [ inhales ] [ male announcer ] at cvs health, we took a deep breath. [ inhales, exhales ] [ male announcer ] and made the decision to quit selling cigarettes in our cvs pharmacies. Now we invite smokers to quit, too, with our comprehensive program. We just want to help everyone, everywhere, breathe a little easier. Introducing cvs health. Because health is everything. Revolutionary by every standard. And that became our passion. To always build something better, airplanes that fly cleaner and farther on less fuel. That redefine comfort and connect the world like never before. After all, you cant turn dreams into airplanes unless your passion for innovation is nonstop. Stuart tim cook will never while the crowd. He is not steve jobs. He is good with that. Got on line yesterday at noon, he is on vacation from her real job at a hospital. Using her vacation to wait on line for the iphone vi. I heard from a number of sources, expect to have your hat blown off today. I was surprised by this. Stuart that is quite a prediction from clayton morris. Dierdre bolton, you are coming up, you will handle this big event. What do you have in store for our viewers. This is a big deal. Dierdre i have been covering your coverage all morning. It is a huge day for apple. I heard what your guests said. That tim cook is not the guy to blow the doors off of investors but we will find out about that. He has picked this almost cult status location if you like from where to speak. The center for performing arts. Essentially that is where the late steve jobs launched the original mack 30 years ago, a lot of bloated contexts and tim cook will be on stage shortly. We are looking forward to the conversation, how the big screens exist or whether they dont or this i watch we are referring to as such. Apple made no such official comment whether we will be able to pay things. Stuart will he blow the hat off of what clean morris said . Can he come up with something who will blow the audience the way and live up to the . You will live it up. Dierdre Stuart Varney joining me there. A huge day for apple executives, apple competitors, tim cook, we were just talking about this source of location, the center for performing arts, that is where the late steve jobs launched the original mac product 30 years ago. We will take you to coopertina where tim cook will be on stage shortly. Our Panel Includes jo lin kent, she is outside the event in california. Lauren simonetti outside apples flag ship store on fifth avenue in studio next to me here, gadget guru greg harper, the president of harper vision