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tv   The Willis Report  FOX Business  April 6, 2014 10:00pm-11:01pm EDT

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see you next week. gerri: hello, everybody, i'm gerri willis. right now on "the willis report," calls to poison centers surge over e-cigarettes, children's specially at risk. also backlash as two prominent sports broadcasters say men taking paternity leave are wimps. >> i don't know why you need three days off, i'm going to be honest. gerri: who is right? we'll debate. google's company nest stopping sales of fire alarm because it. we're watching out for you on "the willis report." we're starting with critical information you need to know, especially in light of the gm recalls. new report by carfax says, a third, a third of all cars for
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safety defects are never repaired and millions of recalled cars and light trucks are offered for sale to unsuspecting buyers. with us from carfax, larry gomash. great to have you here. some of the details from this study thaw conducted, really surprising. you say up to a third of autos recalled are never ever repaired. tell me what else you found and how this can be so. >> last year approximately 3 1/2 million cars were offered for sale with open safety recalls. the unfortunate reality, despite many efforts made by manufacture you ares, consumer information groups, carfax, many of these open safety recalls remain open. the cars are resold to unsuspecting consumers, and you find really unfortunate consequences if you buy one of these cars and have never had it taken care of. gerri: this could be anything from faulty ignition switch we've seen with the gm cars to something silly like a sticker
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on windshield that doesn't stay on. it could be something serious or something not serious at all, right? >> that is one of the challenges. safety recalls can cover a wide range of issues with cars. consumers though need to take every recall notice that they receive seriously, investigate it, take the car to the franchise dealer and have it looked after its usually free. manufacture you ares will take care of it for you -- manufacturers take care of it for you and you're protected, you and your family. gerri: how can you tell if you're buying a car with some kind after repair issue and whether or not it is taken care of? what do you do? >> it is real easy to talk for car safety recall information. all you have to do is ask for a carfax report. we actually include open recalls -- gerri: that costs something, that is not free? to get a carfax report. >> it is absolutely free if you ask the seller for carfax report. come to, if you have
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vehicle identification number check for open recall information absolutely free of charge. gerri: let me stop you there. >> sure. gerri: that is the vin number. that is easy to do because with carfax, not only getting recall information for that make and model but also for that specific car. so very specific there. free to the public. that is what we want you to know tonight. i got to tell you, we went on craig's list today, my producer went on craig's list, found literally hundreds of cars for sale, all subject to various kind of gm recalls. we don't know if any fix has been mained or not. let me show you some cars recalled out there for sale. 2006 pontiac g 5. 2007, chevy cobalt. 2012 chevy traverse through a dealer. on and on it goes. larry, something should be done, shouldn't it? this is safety issue with the gm cars. >> the issue you found on
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craig's list why carfax has created a new place for consumers to stop for cars at carfax. you can search inventory of dealers, every single one comes with carfax report. and those reports include absolutely free of charge for used car shoppers whether or not there is open recall on that specific car. i think that is an important consideration. make, model year, level, recall information isn't really actionable for consumers. you want to use the vehicle identification, number, come to a site like carfax and check whether or not you're car has an open recall. gerri: here's my question though because we've heard reports of the carfax is database is not updated all that often. what is going on there. >> we actually load more than 3 1/2 million pieces of information every day. we work with every major manufacturer to make sure that open recall information is included. for some reason you still have questions about whether or not your car has an open recall, you can go to or
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manufacturer websites to investigate further. really, consumers need to take some action to get the information they need while they're shopping for used cars to protect themselves. gerri: before you buy it, before you buy it. not after you buy it. >> before you put money down. gerri: is a great place. they will talk what is going on with makes and models, but not your individual car. that's what you need to know. larry, thanks for coming on. appreciate your time. >> thank you very much. gerri: from cars to dangers associated with e-cigarettes, there is new information tonight from the american association of poison control centers, showing a huge increase in calls to poison centers because of e-cigarettes. now the most worrisome are cases involving very young children. with us now from atlanta, gaylord lopez, director of the georgia poison center. gaylord, thanks for joining us. i see your white coat there and i am glad to see it because i don't think people at all understand the risks associated with these e-cigarettes and the
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liquid nicotine. is liquid nicotine a poison? >> oh most definitely. it's a chemical poisonous, dangerous and even lethal. gerri: okay. and i understand there is some unbelievable numbers about how many people are now going to poison control centers with problems. many of them children. how are kids getting a hold of this? >> they're getting into the cartridges or refill bottles themselves. these are things laying around our homes, our houses and for that unsuspecting child they could get into lots of trouble. gerri: so, what does it take to be injured? how much do you have to be exposed to of this chemical? >> if you think about just an average teaspoonful, it takes less than 1/5 of a teaspoon so be a problem. for a young child who weighs, 20, 30 pounds, a small amount can go a long way and cause lots of problems. gerri: now are you talking about a teaspoon fool ingested or
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merely maybe rubbed on the skin or touched with the finks officers. >> great question. most of the problems we see are when they are ingested. so they're swallowed. but it is not to say that liquid nicotine can not absorb through the skin because it can. we've gotten calls about people leaving it on their skin and getting poisoned. >> unbelievable. so here are the numbers. in september 2010 the average volume of calls involving e-cigs, one per month. by february this year it was up to 215 a month. more than half of these calls involved children younger than six. what do we need to do for these kids, do you think? >> well, look, when you're dealing with a poison like this you have to take safety precautions and they start with the parent understanding that these are poisonous. these are dangerous. and then typical safety tips, keep products up and out of the reach. listen these things are attractive to kids.
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they're scented. they smell great and for unsuspecting child they may think it is candy. that is where the problem is. gerri: what do you make of this product as a way to stop smoking? would you say people using it, adults to quit smoking they should keep on doing it or do you think it is a bad idea from a health perspective? >> we don't know the health effects just yet. these products have been on the market less than a half, a handful of years so we don't know a lot of data about vapors and stuff they're inhaling. certainly nicotine they're using to fill cartridges, the nicotine coming out of these bottles, very poisonous an if you have children or pets around and could be poisonous and could be lethal. gerri: but, gaylord, there is not the tar or paper burning, a lot of things you associate with cigarettes and ingesting, it doesn't occur with e-cigarettes. they must be safer, right? >> the problem is it's the nicotine. everyone smokes to get the nicotine molecule to go to your brain.
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what these e-cigarettes do take the shortcut from burning tobacco. now they're using extracted nicotine. that's the problem. gerri: huh. well, you know, it is not regulated, right? there are no regulations on liquid nicotine and we don't have long-range studies to understand what is going on. the fda says potential risk of e-cigarettes is really not known. how much nicotine or other potentially harmful chemicals are being inhaled, these are all things we're not sure of yet. are there any studies undergoing, being taken right now to try to figure this out? >> here's what we know. the liquid nicotine itself is incredibly poisonous and incredibly dangerous. no studies need to be done on toxicity of nicotine if it is ingested or exposed to in this liquid form. that is what we worry about. that's what we want to alert parents tonight so these things can't be left around so your kids can get into them. gerri: gaylord, thanks for coming on the show. we appreciate your information.
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thanks so much. >> my pleasure. gerri: now we want to know what you think. here's our question tonight. are e-cigarettes a public health threat? log on to vote on the right-hand side of the screen. i will show the results at the end of tonight's show. we have more, more this hour including who says there is no more paternity time off in baseball? we debate the latest controversy in america's favorite pastime. get rdy for a shock at the price you paid for gas. ethanol used to make gas cheaper. why is it costing a surge now? we're looking out for you and your wallet. ♪
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is gerri: critical component of gas you put in your car surging in price and pushing gas higher and higher. ethanol is jump be 30% and pushing gas prices to six-month and critics say you can blame uncle sam for the price hikes. fox business's phil flynn joins me now. futures analyst for price futures group. >> nice to be here. gerri: six-month high on gas
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prices and we can blame ethanol, is that what you're saying? >> absolutely. tell you what. it is kind of ironic, the reason we started to put ethanol in gasoline was reduce our dependence on foreign oil. we couldn't produce enough oil. oh, my gosh we have to do something, which have to have a homegrown product. all of sudden the u.s. will be one of the biggest producers of oil for the world and taken rail space away from ethanol. we're moving oil instead of ethanol and driving up the price of ethanol. it is crazy. gerri: that is what is driving ethanol price higher? it can't find a railroad car to get into to get into market? >> that's it. you know what? when we had the cold winter, it is little-known fact when you look at railcars, there is one commodity takes precedence over all or the forms of commodities and that is cold. when we had cold winter, demand for coal is high. the big coal guy says we're taking train cars and we're taking the space and we're not able to do that. this isn't only just impacting
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the price of gasoline. other commodities are rising as well. your food costs are going up because we can't move the food. gerri: well, we've seen that and we documented that. and i can tell you that our viewers aren't happy with that. i hear from them all the time. but uncle sam wants to make all of this gas stuff even worse. they want to create something called e15. what is that? >> right. gerri: and would that drive my prices higher? >> it will. in fact it already has. there's a lot of manufacturers of small automobiles that are screaming bloody murder. you can't make the stuff. we didn't build engines to support e15. a lot are warning if you use e15. you can forget about the warranty. you might as well throw the vehicle away. there is lot of opposition to this but on the ethanol side, of course it is big money. if they start to use 15% ethanol, that will be a huge market for the american farmers. it will be huge for the ethanol industry. but again, it is, you know, when you have the government start to
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mandate what we put into our engines sometimes, you know it creates these type of imbalance that we're seeing in the market. when you try to fix one situation, with an increasing use of one commodity -- gerri: entirely different line, absolutely right. >> exactly. gerri: we talked a lot about ethanol and i still don't understand what it does to a car engine and why it is so dangerous, if you really make a high proportion of a gallon of cast ethanol. what happens? >> it is more gunkky. and you know, gasoline burns. and it is corrosive. it's a more corrosive fuel. what happens is, that the engines that are not prepared to do that, they rust a lot easier. the engines gunk up. the performance isn't as good. that is you know, now the ethanol industry, don't listen to that. that is old technology. we have technologies. we build cars betters that is not an issue. it is an issue if you're a
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manufacturer preparing engines for e 10 and now using a lot nor corrosive material it really hurts an engine's performance and can damage the engine. gerri: unintended consequences. they're all bad from uncle sam, phil. >> there it is. gerri: happy friday. have a great weekend. >> thank you, you too. gerri: thank you. later in the show, new dangers for small businesses looking for a quick loan. we'll tell you all about it. a new report showing companies are wary of hiring the long-term unemployed. if you're one of these folks, we have advice what you can do to finally get that job. stay with us. 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? look! mommy's new vacuum! (cat screech) you feel that in your muscles? i do... drink water.
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it's a long story. well, not having branches let's us give you great rates and service. i'd like that. a new way to bank. a better way to save. ally bank. your money needs an ally.
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gerri: face it, longer you spend looking for a job the less companies want to hire you. it is a curse for unemployed americans. we'll help you beat the trend. with a placement and recruiting firm in texas. tony is the author of the book, powerful phrases for successful interviews. tony joins us now. great to have you here. i always like to have you on the show. we get jobs numbers today, and they were not that exciting. unemployment rate 6.7%. we only have 192,000 jobs for the month of march. there were predictions of 200,000. tony this is just not a great climate to get a job. what are you telling people out there? >> first of all, thank you for having me. it is like walking through mud and it is going to be that way for another 2 1/2, maybe three years. >> ow. >> just a really difficult job
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market for lots of different reasons. employers looking to hire are just as afraid of making a mistake as you are in trying to get a job and we have to realize that. gerri: what is going through their head though? what are they thinking about when looking at candidates and somebody like, 3.8 million americans have been out of work for six months or longer. >> yes. gerri: when one of those people is across from a hiring manager, why are they worried? why are they so reluctant? >> well their attitude, look, this person has been out of work six months ore more. i don't know why they have been out of work for six months or more. maybe they don't have to go to work. i have 14 other candidates that have not been out of work for six months or more. maybe there are some of them are employed. maybe some are employed for a short period of time. it is just easier for me as an employer to go to one of those
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people than somebody out of work for six months or a year. i think maybe they wake up, three months from after i hire them an decide, well, i don't like that job. so i'm going to be out of work again. it is one more risk that they have in that person out of work that long that they don't have in someone else if you recognize that work and sell yourself around the risk. gerri: we'll talk about that, tony. only 11% of unemployed folks find a job with a year. that is what is scaring people. i need a 90 second pep talk. how do i get a job? how do i overcome the skepticism and worry and fear? >> overcome your fears realizing that, looking for a job is very emotional and you have to take
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massive, massive action. you have to have a tons of interviews and get in front of lots an lots of people. you have to realize you will suffer a lot of rejection or refusal. you will be symptommed on, kicked on, left on hold. told you got hired and then you didn't. you better get used to it. second or third, quit hitting send button and sending a resume' hoping you get interviewed. hope is not a strategy. picking up the phone and calling somebody and getting an interview is. and then the fifth thing, develop a system for finding a job. if you develop a process, and you manage the process, you don't have to worry about the result. but it is going to take a long time and a lot of effort. gerri: you have estimates how many people you can expect to talk to and how many times you will be rejected. what are the benchmarks here? >> it will take average of 16 interviews to get a job. gerri: wow. >> that may take six or seven or eight months to do that.
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okay? you're going to be rejected, i mean, so many times. one of the reasons that so many people are out of work for so long, is that they, they quit because, i interviewed a lady the other day. she said i've been trying to find a job for two years. i said how many interviews did you have? she said two. well, that is not going to get it. you need to do more than that. gerri: you have to have a thick skin. it is often not about you. feel like rejection is so personal. >> right. gerri: sometimes you have no idea. maybe they say no they will not fill the job now. they found some way to automate it. maybe somebody came back from maternity leave. you just don't know and you have to be able to come back time and again and keep standing. i know it takes people a lot of will power out there, tony. >> well, a lot of it, you have to realize that, you know, when i get a no, it is just one more step to a yes. i'm going to get 16 or 17 of these nos before i get a yes. even to go to second or third interview. so if it is going to be no, let
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me know now. get the no so i can move on to the yes and keep on shooting. keep on trying. the jobs are out there but you have to work hard at it and you have to get a mind-set that if i manage the process, i don't have to worry about the result. gerri: great advice. and no is one more step to a yes. tony, thanks for coming on. great to see you, really appreciate your advice. >> thank you so much. >> have a good weekend. time for a looking at stories you're clicking on the u.s. economy added 192,000 jobs in march. the unemployment rate remained unchanged at 6.7%. analysts say the report shows modest growth after months of winter storms cutting into hiring. rallying on around the job reports market was pulled down by tech stocks. google, facebook and netflix taking a beating from investors today. the nasdaq plunging 2.6%. that is the biggest drop in two months. a bidding war against estes.
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nouveau tv backed by jennifer lopez ink ad deal to buy madison square garden's tv. she beat out her ex, sean, diddy combs. nouveau tv, chief creative officer and shareholder. the network features latino music an entertainment. >> lululemon prevails in two lawsuits. that a canadian company cost investors two million dollars hiding defects of garments that should have been thrown out. suit of mismanagement against the company of current and prior directors. those are some hot stories on we have more to come. nest halting sales of one of its hot items. cash-strapped small business owners looking for alternative lenders for a quick boost to their bottom line but are the loans more trouble than they're worth? worth? we'll tell you coming up. when folks in the lower 48 think about what they get from alaska,
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they think salmon and energy. but the energy bp produces up here creates something else as well: jobs all over america. thousands of people here in alaska are working to safely produce more energy. but th's ju theta. to produce more from existing wells, we need advanced technology. that means hi-tech jobs in california and colorado. the oil moves through one of the world's largest pipelines. maintaining it means manufacturing jobs in the midwest. then we transport it with 4 state-of-the-art, double-hull tankers. some of the safest, most advanced ships in the world: built in san diego with a $1 billion investment. across the united states, bp supports more than a quarter million jobs. and no energy company invests more in athe u.s. than bp.states, 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.
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. gerri: small business owners know they can have a tough time getting a loan that's because bank officers view them as risky. now the business owners turning to alternative lenders for a quick loan, but at what cost? here to explain is opportunity finance network president and ceo mark pinsky. who are the alternative lenders and what are they doing that's so dangerous? >> there are a whole range of alternative lenders that find ways to get money to small businesses. what they're doing, some of them are charging incredibly high rates, 50% or more, and fees on top of it, and doing it because so many small businesses today are having trouble getting access to credit. when you run into a small business, it takes 26 hours a day to run the small business and you don't have time to read the fine print. just like we saw predatory
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lenders hurting the home owners and the economy, we're seeing the same thing happening in the small business place. i'm worried about small businesses in this country. gerri: i want to give an example. it's hard to picture in your head. you wanted a $50,000 loan. you may pay as much as 65,000. the borrower, nothe lender, and these are short-term loans, so the interest rates are through the roof. how is this happening, and are they running afoul of any laws out there? >> they are not so far as i know running afoul of laws, but that you ought to be. loans like that, that example you gave is an example of a loan that is over six months, that's costing someone $15,000. what's remarkable about that is not that the interest rate is so high, that's an example of a loan that came to a loan
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broker. there are good loan brokers but a lot taking advantage of small businesses today, and in that case, the loan broker got paid for finding the loan than the lender did for making the loan. gerri: wow. >> that's outrageous, that can't happen. gerri: this is the issue that there are a lot of brokers, middlemen, lenders matching small business with operators, and charging a chunk of change to do it. might be worth it if you were a small business owner. give us rules of thumb, what should i be willing to pay if i'm a small business operator? >> absolutely, if you go to the bank and the bank doesn't make you a loan, don't give up. banks can make loans, they make loans through the small business administration, they can make loans at much lower rates and much lower fees. you always want to try that, and just your previous guest was talking about how hard you have to work to get a job. you have to work just as hard to get a loan sometimes. gerri: apr more than 15% should
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send up a warning flag, and that sounds high, anything over 15 is a big no. where are people finding the lenders? are they online? >> a lot of them are online, coming into your in on your computer because they have gotten very good at aggressively marketing to small businesses, they are very smart, using a lot of data and finding you when you need somebody to lend you money. they can find out you've been turned down for loans, as soon as they find out they are in your inbox and knocking on the door or calling you up. they are very aggressive, promising you quick money which should always be a flag for you. a lot of them are not disclosing all the costs, they're not telling you the full interest rate you are going to pay and the fees. lot of small business owners get to the finish line and discover a $5,000 or $10,000 closing fee. where did that come from? you are that far down want and to run your business, have you customers waiting, you are trying to do what you're there
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for and help your employees, and all of a sudden someone is saying you got to shell out another 5,000 or $10,000. lot of small business owners do it because they're trapped. and folks who take advantage of that should not be allowed to do it. gerri: i know a lot of small business owners out there. small bank operators are going away. hard to find the right loan. mark, appreciate your time, have a great weekend. >> thank you, gerri, you, too. cleanup under way in the lone star state after four tornadoes touched down in north texas yesterday. the tornadoes and heavy thunderstorms caused damage throughout the state. homes and roofs damaged, including two homes completely destroyed and hunt county, texas. nobody was hurt and no word on the cost of the damage. take a look at the cars parked at a walmart in denton, texas outside dallas. look at the holes in the windows. unbelievable! that's hail smashed through the car windows. tornadoes spotted in missouri
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yesterday. national weather service getting reports of a damaging twister with quarter-sized hail spotted near washington, missouri. reports in arkansas, kansas and oklahoma hit with large hailstorms. here it comes. coming up later why, a smoke detector feature that allows consumers to wave to turn it off? it's working too well. why one baseball field walking on the field going on paternity leave is making waves across the country. our legal panel weighs in next. why is our arizona-based company relocating manufacturing to upstate new york? i tell people it's for the climate. the conditions in new york state are great for business. new york is ranked #2 in the nation for new private sector job creation. and now it's even better because they've introduced startup new york - dozens of tax-free zones where businesses pay no taxes for ten years. you'll get a warm welcome in the new new york.
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see if your business qualifies at (agent) i understand. (dad) we've never sold a house before. (agent) i'll walk you guys through every step. (dad) so if we sell, do you think we can swing it? (agent) i have the numbers right here and based on the comps that i've found, the timing is perfect. ...there's a lot of buyers for a house like yours. (dad) that's good to know. (mom) i'm so excited.
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. gerri: a red-hot debate in the baseball world. new york mets second baseman daniel murphy took two days off when his wife gave birth this week and missed the first two games of the baseball season. should a major league player be able to take a few days off on paternity leave.
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joining me is lisa geovanazzo. >> when people look at the federal law, this man should not be allowed to be on paternity leave because he's needed on the field. gerri: nobody is going to die if a baseball player doesn't show up. a doctor, emergency room physician, that might be different. >> the collective bargaining agreement between the player's association and major league baseball provides for three days of paternity leave, it was absolutely correct to have it. moving this to a regular person in the street. there are federal laws that protect it, state laws that protect that. gerri: but all those protections did not stop the media from having a field day. a couple of boomer esiason and
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mike francesqua talked about it. >> i don't know why you need three days off. you see the birth and you get back. what do you do the first couple of days? maybe take care of the kids, you have to have somebody do that if you are a major league baseball player. >> i wouldn't do that. i would say c-section before the season starts. i need to be there opening day. this is how we make our money, this is going to give me every opportunity to be a success in life. i will be able to afford any college because i'm a baseball player. gerri: c-section, that's not even safe! you don't willy-nilly have a c-section. >> you don't willy-nilly have surgery, that's one of the issues. a lot of people talk about having a child and don't realize really a c-section is surgery, you're bringing home a brand-new baby and the mother does need help. also now, we have the financial issue. years ago paternity was unheard of. we didn't have both parents
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working. if mary barra, the gm -- the ceo of gm goes out on maternity leave, in that case, you might look at her salary and her husbands and say maybe the husband needs the paternity leave. gerri: that's interesting. >> the point is this, the law absolutely says nothing about being paid. okay? in other words, the family guarantees you time off, but it doesn't say anything about being paid. these gentlemen are taking the toy store of life, sports, and saying because games are so important, you are not around during the season, wife should have a c-section so they can play, you know what they say? surgery is serious when it is someone other than you. let's see if they have abdominal surgery if they like it better. >> you need have paternity leave, if it's unpaid, again, we could have the woman go back to work and the gentleman could
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make the decision to stay home. we have co-parenting now and husbands and wives and mothers and dads, the same thing. >> players get hurt, they miss a lot of time, and no one beefs about that. their wife and children and everything about them is important and makes them a better player. this guy is going to miss his wife's birth. how ishat going to be -- gerri: kumbaya. seriously, though. i'm going to take the other side because nobody is taking the other side and somebody needs to take the other side here. here's a guy who could afford to do anything he absolutely wanted to. he was there for the birth, he could have gone to opening day. why? >> he made a decision, that's interesting. you can take your paternity leave at any time within the first year. and a lot of people choose to take it later. i really am unclear about that, with a c-section, you are in the hospital for five days, so you know your first child, most
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people are very nervous and see this new bundle of joy and spend hours staring at this wonderful thing they've made. that's the option that he decided to take and look, it is 3 days out of 162. >> the point is, it was, in my thinking, this is a collectively bargained issue. the union and the employer negotiate over the exact situation. and they basically leave it to the player to take three days off, when the player think it's time. >> you're saying it's clear as a bell. >> the money mania of professional sports with, that they're letting it happen, because the owners agree to this. i don't really know what the big deal is, to inject themselves, the sports talk guys into this, is rating driven and i think it's totally inappropriate. gerri: i want you to hear what boomer had to say, he rethought and changed his mind. >> if i in any way, shape, or form insulted anybody, that was not my intention, my flippant
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remark was insensitive, i'll leave it at that and i feel terrible for the murphy family, what should be the greatest time in their life turned out to be somewhat of a firestorm they personally put them into, and for that hopefully they can find forgiveness. gerri: maybe that's a lawsuit we should be debating is if mom and dad sue boomer esiason for his comments. which, it must have been awful to have this discussed publicly. >> and look, you just never pick on a baby. you have to know. you don't pick on a baby. gerri: no, that was bad taste. >> actually, the interesting thing is that the time off for taking care of the baby, okay, in other words, that is really the issue under the equal employment opportunity commission. in other words, if men don't have babies, waem have babies, they are incapacitated, during that period, they need help. a lot of paid leave plans will not pay the husband for taking
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off after the woman is out of medical distress and say that the caregiver, you know, should not be -- the helper should not be paid. in other words, these lawyers deal with -- it's paid but there are internal policies. >> when they give it to you, some states like california has paternity leave but will only pay 55% of the salary. new jersey gives 66%. it comes down to a financial hardship. >> i agree with that. >> it comes down to the family. gerri: you guys did a great job tonight. thanks for helping out. interesting story, and amazing to me what people say on sports radio. i had no idea it was that bad. lisa and bill, thank you. >> thank you. gerri: the new york mets rank 22 on 2014 payroll list with 89 million dollar payroll which. teams are on top of the list? the teams with the biggest payrolls, the tigers at 162 million dollars. detroit is spending 14 million
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dollars more than last year. number four, boston red sox, the world series champions who visited the white house were paying out 163 million this year. number three, the philadelphia phillies at 180 million dollars going to two player, ryan howard and cliff lee, each earned 25 million a year making them the second and third highest paid players in the entire league. the runner-up is new york yankees, enough to throw the yanks out of 15 year streak as baseball's biggest spenders. dethroning the yankees and becoming the biggest payroll is the l.a. dodgers, a big portion of the 235 million dollar payroll is going to the pitcher, zack greinke, ending alex rodriguez's 13 year streak as the highest paid player. dodgers spent five times of the houston astros, they are last on the list at 45 million.
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coming up, new warnings that smoke detectors might be doing just the opposite. the details you have to hear. stay with us.
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. gerri: google getting scuffed by a defect. by a defect.
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topic we talked about all week here. attorney general eric holder told a house committee he wants to know if high frequency trading is breaking insider trading laws? >> concern is that people are getting an inappropriate advantage, information advantage, competitive advantage over others because of the way which the system works and apparently, as i understand it, and learning this, milliseconds can matter, at this to determine if any laws have been broken, any federal criminal laws. gerri: the justice department's announcement comes the same week that the fbi and the sec have confirmed their own high-frequency probes. while hold ser learning about the mechanics of high-frequency trading, we've been covering it long before, and we'll continue to keep you updated on the important story. a glitch rocking google's nest labs.
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the smoke detector going up in smoke forcing the company to pull the products from the shelves. what happened? >> essentially they have the cool feature called nest wave, if you wave your hand, you can turn off the sound or activate it in a certain way. if you wave your hand, you might deactivate the smoke detector altogether. gerri: entirely? >> entirely. they're saying this is a big problem, they're issuing not an official recall but we'll give you a refund if you want it, but tell you how to deactivate this feature and can you still use the smoke detector. the ceo saying it's going to take two to three months at least to fix. gerri: we were looking at pictures of the thermostat. they have all kinds of products. it sounds like such a great idea. you are cooking in the kitchen. you set something on fire and wave your arm, but it's too good to be true? >> there is a glitch. fortunately, no complaints from consumers or danger has come
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about according to the ceo. this is a company google acquired for 3.2 billion dollars. today google stock not doing terribly well for other reasons outside of nest as well. gerri: we're showing you pictures of nest right now. a very popular product. nest is a popular company. we've been hyping the company for some time. interesting products are taking a whole new approach to consumer products. what this consumers do, if you have a nest, what should you do? >> it's activated on wi-fi and totally connected, deactivate the nest setting. gerri: you can do that? >> yes, independent of deactivating the entire thing. check out the website and check it out. if you have a question, call nest and ask for a refund if you want. they stopped selling the device altogether to fix this glitch. so they say it might be back on the market. i don't know two, three months from now. gerri: i can get my money back? >> it's possible if you apply through nest there is an option if you purchased it in canada
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and the u.s., various places. >> jillian kent. appreciate your time, have a great weekend. >> you, too. now to gm and answering for further information. gm provided 200,000 pages of documents and answered more than just 65% of the 107 questions nhtsa asked about events leading to the recall. among the unanswered questions why it took more than a decade for gm to recall more than 2 1/2 million cars. nhtsa has yet to release a timetable when the information will be made public. a federal judge in texas will make a decision whether to force gm to tell people to stop driving the recalled cars. gm insists the cars are still okay to drive. okay to drive. we'll i'm j-a-n-e and i have copd. okay to drive. we'll i'm d-a-v-e and i have copd. i'm k-a-t-e and i have copd, but i don't want my breathing problems to get in the way my volunteering. that's why i asked my doctor about b-r-e-o.
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once-daily breo ellipta helps increase airflow from the lungs for a full 24 hours. and breo helps reduce symptom flare-ups that last several days and require oral steroids, antibiotics, or hospital stay. breo is not for asthma. breo contains a type of medicine that increases risk of death in people with asthma. it is not known if this risk is increased in copd. breo won't replace rescue inhalers for sudden copd symptoms and should not be used more than once a day. breo may increase your risk of pneumonia, thrush, osteoporosis, and some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking breo. ask your doctor about b-r-e-o for copd. first prescription free at my
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>> e- cigarettes are growing at a bus or the poison centers. are they a public threat?
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we ask don jerry 64 percenter not convince. bogdan for the on-line question every weekday. also for that segment is what shocked me i had no idea even small amounts of liquid nicotine could be so dangerous. as an adult if you want to smoke them go for it but keep it from the kids as they go to the poison centers the fda says we don't know how much nicotine or other potentially harmful chemicals are nailed during the use it period to them to stop smoking keeps them away from the kids. coming up on monday we will kick off the week-long user's guide to education the college acceptance letters are being mailed out all over the country but now comes the hard part, financing that is why
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experts will sought after their tips. think you for joining us to not forget to idb are the show. have a great >> he played well the part of an honest man. he was addressing the congressman but was never candid. occasionally forgetful and never forthright, seeking often refuge and ambiguity and ignoring contradictions of his ambiguity contradictions of his own mak g making, and all of the while, he was the most earnest if not the most forthcoming person in the room.


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