tv Varney Company FOX Business July 1, 2015 9:00am-12:01pm EDT
the ground. >> we will fantastic interview with donald trump. you were great. maria: thank you. what can you do when you've got donald trump, dominates, right? >> he dominates, but, you dominated too, pushed back gripping. maria: thank you. >> see you later. and the big story, you know what it is it's greece and it looks like they may be blinking a little bit and may be backing down. we have reports out now what they're willing to do to get another emergency supply cache and investors are clearing the move. call her teflon hillary. and the private e-mails were out overnight and probably chance seeing what's happening. a lot of accusations are flying around, but here is the point, will any of it actually stick? of course the donald donald trump you don't want to get on his bad side. the presidential candidate waging a war against univision and this time he wants a half a billion dollar. and our ladies team usa
advancing to the women's world cup finals. three hours of "varney & company" starts right now. ♪ >> all right. guys you're looking at the futures right there. i think that's the highest they've been all morning long. we were down and 20 back yesterday. we could get a big churning back today. we're less than 20 minutes away from trading. ashley webster bringing in from athens. ashley, i would suspect a different tone out there. can you give us the latest. ashley: absolutely charles. good morning to you. it appears that maybe the suffering of the greek governor toward the creditors. we're expecting prime minister tsipras either by a large
televised appearance, but some of the creditors, especially germany angela merkel is not looking at negotiating and they're looking at a new deal. and charles, there was a letter published by the financial times who said yep, okay we're going to agree to all of your bailout conditions except for minor changes. there was some pushback on that. the minor changes according to some involved hundreds of millions of dollars and then we heard from the german officers who said wait a minute this acceptance by the greeks if we're in agreement, we're out at midnight last night. it means nothing. if you're going to negotiate, it's going to have to be a new bailout and you're not going to do that until you hear your
referendum. we're going around and around in circles. it appears that the greek stance is here and don't hold your breath. >> maybe it's a concentric circle because they've come to the end of the road. thank you, ashley. we're joined by a greek citizen to you first, the latest deal to ashley's point, do you think it will finally stick? do you think the leaders played some cards that they had and some they didn't have. >> charles, i had breaking news for you, i got off the phone with tsipras, the greek prime minister they'll pay on the 30th of february-- >> you don't know what year though.m line and let's speak the plain truth charles.
the reality is that creeks use the san andreas fault of the european economy and potentially a black swan for america and we're in dangerous territory here. >> why is that? their economy is so minuscule in the greater seen of things. is it the potential for contagion is so dire that it could be a black swan that could bring doane the economy? >> it's not only economics, charles that's the whole thing. as you very well know geopoliticals is a big thing here. the very reason why the greeks got in the first place, the greek economy-- greece has been a poor country and has got minuscule manufacturing industry and everything else. the reason they got in in 1991 they needed them for the cold war and now seeing the russians again sniffing around and that's why this is just-- >> let me ask you, as a greek
citizen three years ago, molotov cocktails, right gears and right policement and this year, people didn't know what's happening. is that a maturity grow for the people but their spirit have been annihilated by the whole thing and it doesn't matter anymore? >> this has been going on for a long time. i think that they realize that things are not going to change that you're probably going to experience this. prosperity only comes to europe, to greece. >> it looks like they're agreeing to some. i've ghot a could copy of the letter. tax financial, pension, labor markets they're addressing some of this. i don't know if they're going
to take the pain. >> that's a great point, charles. we want to know whether or not greece's prior retirees will be included in the new cuts. it looks like a lot of people in greece pushed out the door when they say greeks having problems and took early retirement. they've got a lot of government workers requiring in their 50's. hair dressers veterinarians retearing at 40. that's full pay. that's got to stop. this is a clarion states for welfare welfare. and you saw them reform their welfare states as well and they came out of it. >> right. >> greece is not the example for the entire world. >> but it is a whereining for the entire world? >> it is a warning that's right. >> speaking of which, a lot of people say the problem for the united states is puerto rico. adding a $16 million dollar bid
and having that the united states change the laws to avow the island to file for bankruptcy. and president obama says there will not be a bailout and they're not thinking about it. >> you know this is an amazing story. portuerto rico matters to the united states. it's sprinkled through muni bond funds. you've got to check the whole thing there. moves on the front could launch that similar to washington d.c. when mayor marion barry-- >> is that chapter 90 are-- >> it's closer to dealing with the bond vigilante. >> the markets to the upside and looks like it could open 170 points higher.
down further, kick the can. and oil has been rang bound, but initially took a hit on the news. trading between 58 and $60. down 90 cents right now. the big story could be gold. has it lost its luster as the world was crashing gold is supposed to go higher. instead it's lower, 3.70. and the yield on the 10-year bobbed. bond. on monday that's where the world goes when they're looking for a safe haven? welcome another 6 basis points and what does it mean for the frovr. that's your most important stories and lauren simonetti has the headlines. >> hey, charles. today in oregon they can legally possess and grow marijuana, they can't buy it
yet. there are more pot growers than starbucks. and 2.76 a gallon for gas, down overnight. gas prices are rising today in six states idaho, georgia, maryland, nebraska and vermont. drivers are paying between .35 and 7 cents more a gallon. the states are raising their gas taxes to help prepare for transportation projects as funding dries up. in two hours, prime minister is expected to announce a deal to special full diplomatic ties between the u.s. and cuba and reopen embassies in washington and nevada. it's the biggest step in ending a half century enmity. the last meeting was in may when cuba was lifted.
and we'll see what the president says it's an opportunity for businesses perils and cruise lines sitting on the crowd line. >> but people simmering that a lot of the-- and they don't respect human rights. >> more clinton controversy, believe it or not, 3000 pages of e-mails released to show hillary clinton in conflict with advisors sidney blumenthal even as the white house blocked him from being a part of her official site. she's in contact with him still. and the e-mails show top white house officials communicated with hillary on her private e-mail address while she was secretary of state. blake berman joins us. >> will this affect teflon hillary at all? >> at the least he will create a headline and she'll potentially respond to today
and quite possibly every 30 days from here on out because that's the time frame that the uj ordered an entire batch released every 30 days. >> the news here. >> she was receiving advise from sidney blumenthal sooner than anybody knew. and he was an aide to president clinton shunned by the obama administrationment and the benghazi comments were un unsolicited and wanting an update on the state department hiring of blumenthal. the e-mails showed concerns that clinton had about her standing with the administration after a couple of selling stelg scheduling mix-ups. >> thank you, i appreciate it. >> isis is getting more sophisticated in obtaining
recruits. we're talking to a guy in the united states getting in their way and stopping them. he's a hero. he stopped the kids have joining. and taking a major step in a market sort of breathing sigh of relief on "varney & company." >> this could be a dangerous dramatic that could lead to anything, i would say, very very peculiar if not dangerous out there. ♪ (piano music) ♪ fresher dentures, for the best first impression. love loud, live loud polident. ♪ ♪ fresher dentures...
>> all right. it does look like there could be a brief. it depends how much the greeks would give up the handouts. and 15 minutes ahead of the open, now this. the u.s. government is falling behind in the cyber war against terrorist groups. isis alone posting nearly 100,000 tweets wer day spreading extreme ideological
message and recruiting vulnerable youth in countries and american especially. and imam you have actually stopped kids from joining isis. how did you know they were trying to join and how did you persuade them not to? >> the family of those young people, they bring them for counseling when they see that they started having ideas and thoughts that may be troubling and therefore, we address the ideological aspect of the recruitment. but we have to look into the entire process of recruitment, which is isolation, they isolate the young person from their family and from the mosque and it takes place and therefore isis -- they create
mistrust between the young person and their families and imams and to grow from the friendship friendship socially and tweeting them and texting them and e-mailing them before they engage them on-line. and the trust between that young person and his family and give him the perspective, islam says taking one innocent life if they have taken the life of humanity one life. >> what i'm curious about, and the term self-radicalization doesn't exist. ist. this is an efforts that goes to reaching them. what makes one kid more vulnerable than another. when you look at the kids you
have to rescue from this, is there an upheaval in the family, did someone lose a job or something happen at school? is there something that triggers them and makes a certain kid more vulnerable than others? >> yeah some kids they cease to understand islam and it comes pr it the lack of understanding understanding, of the religion of of islam. therefore that curiosity, being curious studying iase am on-line without proper guidance, sometimes it could be an issue. there's an emotional issue, the child that might join the gang stems from the ability of a person to join isis. charles: what about now, we have reports that global support of isis is so much bigger than anybody ever knew.
we're talking as many as 42 million musligan around the world have positive feelings towards this terror group that beheads people. achy is there so much sympathy for isis in the community. it seems that's one of the barriers to stopping terrorist acts because they're actually shielded by the good musligan who for some reason don't see them as a threat? >> the-- first of all, it's q be percentage around. around the glomee, again, muase ims who are in iraq and in syria if isis was able to
include that many people those limits of people there would have to be people in syria and iraq joining themment, but we have many people-- >> i hear your point. i'm very worried about the recruitment. i think that one is too many as i mentioned and why-- >> we want to salute you because you've already stopped, and we want to applaud the efforts you wae made and bant want to make and it's these conversations that we have to have to understand. it's an amazing threat to your point. even if one kid is radicalized this weekend and blew something up. >> thank you. >> twitter is getting real bad grades by activists around the world saying they're the worst right now at taking down isis like terror groups and removing their accounts and they're moving up to what's up and snap
e-mack. >> the thing, their power authority could file for bankruptcy today. it could be the first in a string of defaults out of puerto rico they're racing to avoid that. 400 million at stake, oppenheimer and franklin templeton and a string of muni bond funds. >> theccre the biggest and guaranteed they're in people's 401(k)'s and pensions. >> we're waiting for word of jeffrey duncan where puerto rico has a financial control board similar to what they enacted for washington d.c. when that city went bankrupt. the plot thickens. charlety back to greece they could be in the works and let's see with an it does for the marketsoes
when a moment spontaneously turns romantic why pause to take a pill? and why stop what you're doing to find a bathroom? cialis for daily use, is the only daily tablet approved to treat erectile dysfunction so you can be ready anytime the moment is right. plus cialis treats the frustrating urinary symptoms of bph, like needing to go frequently, day or night. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain as it may cause an unsafe drop in blood pressure. do not drink alcohol in excess. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, get medical help right away for an erection lasting more than four hours.
if you have any sudden decrease or loss in hearing or vision or any symptoms of an allergic reaction stop taking cialis and get medical help right away. ask your doctor about cialis for daily use. insurance coverage has expanded nationally and you may now be covered. contact your health plan for the latest information.
♪ charles: well all eyes remain on greece. there is a possibility of a deal. concessions might be made. maybe someone over there is blinking. opening bell is about to ring here. wall street loves what they're hearing so far. a little cautious but up 170 points. that is the highest indication for this morning. that would be absolutely huge.
from there we play it by ear. all eyes on greece off 350 points to start the week. [opening bell rings] other news in the world impacting markets as well. will be a great day for the stock market whether it will go up and down or meaningful we'll be here to follow it. you hear the opening bell. you didn't tell me we were going to have a this early. speaking of greece. he has done an amazing job. we have to go out there to him. ashley webster joins us now. ashley, anything change so far? >> well you know, if you got europe scorecard and keeping it as home it is as confusing as ever. we heard from german chancellor angela merkel. i will not talk about any new deal until after the referendum. that was quickly taken up by the french prime minister francois hollande. he said no, i'm ready to talk now. so the two biggest powers in the eurozone having a different
take. i want you to look at a banner unfurled behind me on the square across from the greek parliament building. it is in greek and english. it says quite clearly, no to blackmail and no to austerity. what is interesting this building is the greek's government building of finance. this is the finance building of greece. so i guess, so i guess we know how they feel about the situation. the question is, will the prime minister bend towards the pressure? the big elephant in the room is what do we do with this referendum? he called foreit. it was approved by parliament. the question, is it going to go forward? a lot of speculation charles that the greek prime minister will go before the nation and announce it has been called off. that would clear the way certainly as far as germany is concerned to start negotiating for a new two-year deal. every minute and headline things change because we're lear to cover it all for you. charles: doing a great job,
arcly. want to stay on greece here. elizabeth macdonald, man, i'm sorry. it has been a while. he is out in chicago. liz, i will start with you. they put together a pretty good list here, right? value-added tax, pensions labor. they talk about liberalizing the market for gyms. the bottom line they have taken a step. is it enough or will it last? >> it is not enough. greece even the ski resorts are owned by government and a lot of hotels. basically doesn't matter is the question. we have the word u.s. banks own $14 billion in greek debt. the rest is socialized away. will we see a long-term capital management hedge fund blowing up over greece and puerto rico? that is the issue. charles: not greece. in 2012 they transferred all of that risk from banks to the shoulder of taxpayers which puts angela merkel in the cross-hairs. that is why it doesn't matter
what the french say. this is all about what angela merkel says at this point. >> germany is the country to watch. angela merkel will decide whether the referendum happens or not. she is forcing it on the prime minister who originally wanted now pulling back he realizes if it is a yes vote he is out. now he is losing -- charles: yes vote, she can keep going back to the greek people you guys said yes. you want these reforms. you want to open up gyms to everybody. >> they will force more reforms down their throat if the referendum answer is yes. charles: dan we're talking about a whole bunch of unknowns. that is the one of the reasons i think we're off 350 points on monday. not necessarily what the financial the numbers to emac's point, 13 billion is not necessarily a lot of money in the grand scheme of things particularly to wall street but connecting to these stocks we'll get something after deal and move on to other things like the jobs and the fed? >> i think what the market is
indicates right now cyprus tried to get them to the brink. we expected far worse from the market we got. when he saw what happened when the greek people saw what happened, they pushed back, hey, we have to rethink this thing. market is starting to take into account some deal will get there. yes we have to watch our economy. employment is coming out tomorrow. we have a lot of economic data. that is what we want to watch. it is pretty good here. can the greece thing derail us? it probably can't but there is always that possibility so you have to be careful. charles: one thing that could derail us, if america become as america's greece. here is the deal. our government has 25 years before our debt levels were same as greece was. we're over 100%. we'll be at 156% of gdp that was where greece was in 2012 when this started to fall apart. even at this level emac, they say it is unsustainable. at some point paying $2 trillion to service the debt either crushes our economy or takes us
backward. >> absolutely. i don't know if we count fannie mae and freddie mac and social security and medicare in all of that. you're absolutely right, charles. we need to focus protecting investor accounts. this is stress testing a really aging bull what is going on with greece and puerto rico. we're in first chapter of unwind of the debt story. charles: what do you think, sean? >> i think united states has the ability if the economy grows to pay the debt down. i don't think that is serious problem. charles: isn't there some level you say, okay, 20 trillion? 22 trillion? >> well, i don't know if there is particular level. if interest rates start to rise and crowd out economic growth because the government is take that up in terms of refinancing the debt that is a problem. right now i don't see it as a problem. as long as we get economic growth of above 3, 3 1/2% i think we eventually pay down the debt. it will not be easy. charles: a little bit rosy here. i don't know. we had a big deal in the
insurance industry we have to tell you about it. ace acquiring chubb. $28 billion deal. go to nicole. where are the shares now, nicole? >> we have chubb surging on the news to all-time record highs. up 34%. 127 and change. aice also a winner charles. up 8 1/2%. insiders and analysts really like the deal. they think ace by getting chubb gets a real well-known name in the business and high net worth client as well. charles: i have to tell you something ace, we should mention, ace greenberg's son runs the story. i like the idea that the greenburg family is going really well. total u.s. sales down 3%. general motors stock down slightly on this dan are you there? dan? >> say that again? charles: dan, i want to ask you about general motors and autos in general? >> yeah. charles: a lot of people bought
general motors stock. they had the bailout and will be okay. starting to fall apart. fiat trying to take them over. what do you make of auto sales and general motors in particular? >> i'm a little disappointed where they're at. they had a very, very good past 12 months. tough take everything into perspective. see what happens over course of next several months. we had a lousy winter and some attitudes were a little bit on the downside. so this is a disappointment here. i want to see what we have going forward. charles: all right guys. of course the biggest economic data of any month is the jobs report. we spent a lot of time on greece but the jobs report is tomorrow, that's right. comes out on thursday. estimate now is 230,000 jobs. if the market is looking encouraging over the summer, maybe the fed acts sooner. maybe they act in september. want to go to you dan, first. what do you think about the number tomorrow? what do you think ripple effect will be? >> i think we'll have a decent number. four-week moving average is decent number. i don't like comparing those two
but kind of like the cherry on a sundae. i think if we see a good number will help out in the market particularly if the greek situation looks like it will be settled. charles: estimate was 218. anecdotally feels like we should have a huge number tomorrow. all the pent-up demand should be there. should be a number that beats the street. >> that was a sweet beat today, right charles? adp seems to driving closer to what the government reports. we want to see wage gains overall. we're in a wage recession. that is really key for the u.s. economy. watch this, charles, over last 12 months. any wage feigns wiped out by health care spending almost dollar for dollar. charles: particularly on low end. if you can code, great. if you can't, you're hurting pretty big time. >> right. charles: what do you think about the numbers tomorrow? >> i agree with emac. it will be i think better than expected number. the problem really is wages. everyone focusing federal reserve. if number exceptionally good
people say they will raise sooner than later. then we move over there. i don't think they will raise. they can't. too much globally going on. they don't want to is upset the markets. charles: shaw, you say time to ring the register. how much cash off the table. >> i'm going to cash last couple weeks. i think market has done a exceptional job. risen fantasticsly. at some point you have to ring the register go to the sidelines. charles: why though? >> there is too much global action. macro picture is very daunting. greece is one thing. i don't think that will be resolved anytime soon regardless what happens on sunday and then monday and going forward. that is extended. charles: right. >> real problem i see globally is china. chinese stock market is in a bear market right now. this is in the last two weeks. >> you're being bearish. didn't carl harvey say times like this, there as always been times like these? we've had crises going back 70 years. are you being a little bearish here? >> i'm being bearish --
charles: bearish or cautious? >> cautious. charles: you're being cautious. >> i could turn bearish quickly but right now i'm cautious. charles: if you made a lot of money why not -- >> absolutely. >> i'm teasing you shah. charles: we like the paul harvey court. market is open in ten minutes. so far shah is completely wrong. up 175 points. we started monday down 350. coming up, the separation of government and religion. why one state has been ordered to tear down "the ten commandments." terrible story. we'll have it for you. "varney & company" next. don't want to mix fox biggs special coverage of critical jobs report tomorrow. maria bartiromo will break it down. she has numbers. what it means for the economy and more importantly your money.
17786 for the dow jones industrial average. we're 2% higher. stocks up 4%. shares of fitbit, got a nice up grade yesterday. big, big move here. told people on my show to buy this stock at 30 bucks. not too bad, up to 40, almost $41. oklahoma supreme court orders removal of 10 commandments. a lot of people love it. unfortunately oklahoma constitution bans use of state property for the benefit of religion. the monument was paid for in private money. installed in 2012. lawmakers argue that the monument was not there to serve religious purpose but meant to mark a historic event. state department released 3,000 more pages of hillary clinton's email last night. all rise, judge andrew napolitano is here with us. all right, more emails. there is, i don't know there is some smoking, there is some
smoke there, some things that look like maybe ordinarily you would say hey, this is enough to dig even deeper. >> what we now know and we didn't know 12 hours ago is that mrs. clinton discussing classified information with sid blumenthal and sid blumenthal was not an employee of the state department. he was her friend and she and her husband's former fixer. the guy that, did what people on both sides of the aisle do, make your opponents look bad. he is a political guy but when she stated in her famous or infamous 15-minute press conference at the u.n. where she revealed that she was using her husband's server, the sum of her friends from time to time emailed her. she obviously grossly understated her relationship to blumenthal. blumenthal is significant for the following reason. she wanted to hire him as her special counselor in the state department. the president of the united states who had been victimized
by sid's vicious attacks, when he then, senator obama was running again then senator clinton for the democratic nomination said no. you will not hire this guy. so she had the clinton foundation hire him. he emailed her and provided her with classified information and information about what was going on the frowned in benghazi, libya. charles: right. >> and she kept that from the state department. she kept it from the president. she kept it from the white house. she didn't tell the truth bit to the press. charles: this puts the president in something of a quandary. she is democratic frontrunner. i think normally the next step, this is enough to launch some sort of formal investigation. >> mr. president, this is your secretary of state. how did you not know that she was discussing classified material. charles: he told her not to. he assumedded she would take the orders and move on. >> charles, what she did with sid blumenthal same thing as what general petraeus pleaded guilty to doing with his
mistress. and general petraeus is convicted because the government went after him for that. do you think the government will go after her? failing to secure classified material, or, revealing it to a person who didn't have that level of classification. >> okay. >> in mrs. clinton's case, sid blumenthal in general's case it is paula broadwell. charles: that take us back to the quandary the white house is in. heir apparent, hillary clinton leading by a mile in the polls, maybe not same political page idealogically like president obama, would he go after her and ruin the entire democratic brand? >> let me suggest this to you emails released last night were not released by the clinton foundation. they were not released by mrs. clinton. they were released by the state department. who controls the state department? president obama. did president obama know by the release of these emails his
wannabe successor would look even worse than she already looks? charles: but does she look bad enough to lose? six months from now will this resonate with the average voter out there? >> it will -- charles: indictment would. a formal investigation would. >> he has to prove an indictment. charles: but he wouldn't do that. that would be against the entoo irparty. i'm sure enough people -- >> it would. there is enough evidence from which one could conclude clearly she provided material assistance to terrorist organizations and lied about it to congress. charles: if republican wins in 2016 can they retroactive at her for this. >> it isn't retroactive. statute of limit tastes would be alive. on the other hand, if she gets elected president will she pardon herself? exactly. exactly. in my column she can pardon herself. charles: she can pardon herself. >> yes. >> i didn't know that. president can pardon themselves.
>> yes. the pardoning power is unlimited. charles: i can't wait to read that particular article. the oklahoma situation, we all know separation of church around state. >> supreme court of the united states upheld the right of texas statehouse to have the 10 commandments on property because it was in a larger array of historical monuments. it didn't sticks out by itself. what oklahoma supreme court said, we have different rule in oklahoma. our state constitution prohibits use of state property for any overtly religious purpose. therefore it has to go across the street. charles: dutch fantastic stuff. look forward to the article in the morning. >> all the best. charles: apple, samsung google. i have a question for you. who are america's most reputable tech companies? you will be shocked by the answers. we'll have it for you next. plus a mass jailbreak in yemen. we're talking over 1000 prisoners have escaped. lieutenant colonel bill cowan will be here to discuss what that means to you. oh by the way al qaeda, don't
you pay your car insurance premium like clockwork. month after month. year after year. then one night, you hydroplane into a ditch. yeah... surprise... your insurance company tells you to pay up again. why pay for insurance if you have to pay even more for using it? if you have liberty mutual deductible fund™
you could pay no deductible at all. sign up to immediately lower your deductible by $100. and keep lowering it $100 annually, until it's gone. then continue to earn that $100 every year. there's no limit to how much you can earn and this savings applies to every vehicle on your policy. call 1-888-438-9061 to learn more. switch to liberty mutual and you could save up to $423. call liberty mutual for a free quote today at 1-888-438-9061 see car insurance in a whole new light. liberty mutual insurance. charles: check this out. this is video from nasa. massive eruption from the surface of the sun. amazing. it is a mass plasma injection.
it took place over hours. a giant amount of material blasted into space. look at that. that is absolutely amazing, amazing stuff. now this, guys. samsung coming in at number one on list of america's most reputable tech companies. they beat appleby a landslide according to the reputation institute. vice president and chief research officer of the institute brad heck joins us now. brad, how does samsung which has gotten crushed by apple in everything they have gone head-to-head in beat apple in this reputation poll or survey? >> good morning, charles, great to see here from rainy boston. there are two key drivers that drive corporate reputation in the technology space. what you would expect. companies provide the most robust and most innovative technology solutions. in that case apple certainly leads in innovation. the second driver of corporate
reputation in the deck space is less -- tech space is corporate governance. ethical the way it deals with customers and partners that is a place where apple struggles relative to companies like samsung who is at the top of the heat. also companies likes microsoft and companies like sap and google who have done a very good job balancing both concept of being a technology innovator and also company that is perceived by stakeholders being open and honest and transparent in way they do business. charles: some. names on the list i don't have a problem with but samsung, which by the way the current president of south korea was elected to break down these large conglomerates like samsung. i think people feel there they make anti-business area where no one can grow business. u.s. investors can't buy the stock directly and they use some of the same sort of factories and things apple uses in china.
i don't know how they would be able to slip in there. the other names i understand but i have a real problem trying to figure out how samsung could eclipse a lot of these other names on your list? >> yeah. it is an interesting conundrum, isn't it? samsung to some degree is beneficiary of the apple's shadow in that apple, again, if you take a look back what happened with the taylor swift situation a couple weeks ago the perception of appleby someone as popular as taylor swift you know what? i don't get my e phones free from you, so why am i giving my products and music to you for free? apple struggles in that context. samsung is beneficiary frankly having a lot less attention in the press relative to apple around the things that they do. they're the beneficiary of a lot of the positive advertising campaigns where they consider themselves as sort of the innovator and up start against somebody like apple with some of the -- charles: also like lebron james, who has a great game and buys all of his teammates and
iphone instead of handing out samsung phones. real quick hewlett-packard google, some of the other names. part of this is also public relations for the stock? hewlett-packard talk their stock up by being good corporate citizens. google do no harm, i think that is questionable. 30 seconds but final thoughts on those? >> the key here is combination of both. you hit it on the head, both combination of the perception of company as doing good, having positive impact on society and equally important ought then i canally communicating that. it could be through pr, more importantly, wachovia, talking the talk. charles: when you get list of tv anchors, tell me what i have to do to get up there. >> you got it. charles. charles: according to ashley webster, maybe not. we'll go back to him on that. nicole a huge prison break in
yemen, al qaeda. don't count them out. they're gaining strength. we have questions for lieutenant colonel bill cowan. by the way, the drones, really is that the answer? second hour of "varney & company," just two minutes away. people with type 2 diabetes come from all walks of life. if you have high blood sugar ask your doctor about farxiga. it's a different kind of medicine that works by removing some sugar from your body. along with diet and exercise farxiga helps lower blood sugar in adults with type 2 diabetes. with one pill a day, farxiga helps lower your a1c. and, although it's not a weight-loss or blood-pressure drug farxiga may help you lose weight and may even lower blood pressure when used with certain diabetes medicines. do not take if allergic to farxiga or its ingredients. symptoms of a serious allergic reaction include rash, swelling, or difficulty breathing or swallowing. if you have any of these symptoms stop taking farxiga
and seek medical help right away. do not take farxiga if you have severe kidney problems, are on dialysis, or have bladder cancer. tell your doctor right away if you have blood or red color in your urine or pain while you urinate. farxiga can cause serious side effects including dehydration, genital yeast infections in women and men, low blood sugar, kidney problems, and increased bad cholesterol. common side effects include urinary tract infections changes in urination and runny nose. ♪do the walk of life♪ ♪yeah, you do the walk of life♪ need to lower your blood sugar? ask your doctor about farxiga. and visit our website to learn how you may be able to get every month free.
charles: here is your big story yes it is greece, defail thing on a loan from imf there is signs of hope. reports are out that their leaders will do whatever it takes to get emergency supply of cash. they need it badly. we have live reports from athens soon. a jailbreak in yemen, 1200 prisoners escaped after guards desserted their posts. al qaeda members are on the loose. oklahoma supreme court says the 10 commandments monument is unconstitutional even though paid for with private dollars.
father jonathan morris will have reaction. "varney & company" hour two starts right now. ♪ charles: go straight out to ashley webster who joins us from athens. ashley, the latest? >> well, charles, i think it is clear that the greek prime minister alexis tsipras will have to do an embarrassing 180 if he is to get the bailout money he is requesting. he is asking for $29 billion deal that would cover the next two years. get greece into 2017 but will they abide by all the rules that the european creditors want? again this would be embarrassing for the left-wing political leader who made a point of his campaign to say no to the austerity that is being imposed by the rest of europe. what does the greek finance ministry think about all of this? well, we showed you a little earlier. we'll show you again. this banner was unfurled outside of the greek finance building.
that says, quite simply, no to blackmail and austerity. that wasn't put there by someone from the outside. that was put up by someone from the inside working for the finance ministry. even if they do make concessions, the question, are they going to be enough? the other big issue charles, the july 5th referendum. rampant speculation now that it is growing to be called off bus germany in particular says it will not negotiate any new deal unless until after the referendum is taken which may force mr. tsipras who voted. who campaigned hard to vote no in that referendum to call the whole thing off. things are getting interesting. the eurozone ministers will get underway here about what happens next. of course we're following it every step of the way. charles: you have been and it is amazing job. thanks a lot, ashley. we'll come out to you shortly. want to stay on greece, though around focus on humanitarian part of this, potential humanitarian crisis.
we have joe from heritage foundation in washington, d.c. we had to cut it short, bank of america came out with a report. everyone is looking at this wrong way. even if greece is able to get goods graces with creditors. the next reload of cash is september and we could have a real humanitarian crisis on our hands. >> yes we could this is humanitarian crisis brought about by failed leftist leadership in greece, really spanning back numerous decades. if you look what happened since 2006, you have spending as percentage of gdp skyrocketing. so-called austerity has left greece still spending more than one out of every two dollars of their economy on the government. it is no surprise greece ended up in the mess they presently are in. charles: here is the thing. i looked at a lot of videos out of greece, one that struck me. 19-year-old kid. i no greece partied but that wasn't me. why am i bearing the brunt of
this? i know this is delicate issue. something obviously germany has to consider and maybe to an extent america. we want them to have austerity. they can't do what they have done to get into the hole. is there a middle ground where people are not actually starving and where pensioners don't actually know where the next meal comes from? >> what this will take is the greek politician coming around and enacting sensible economic policies. you referred to the 19-year-old teenage man unemployed. 60% of the greek youth are presently without a job. once again more than just spending. more than out of control taxation. if you look the way the greek business regulations are anytime a employer wants to actually shuffle up the workforce, they have to get permission from the government if it is more than eight employees. even in the situation where the high minimum wages and with the out of control regulations on business owners is making it impossible for many of these young adults tokfind work.
it is a sad state of affairs. charles: right. >> but more of the same is not going to resolve the situation. charles: we've got 30 seconds joel. bottom line you're saying there is going to be a lot of pain and it will be difficult for the greek people and even for us to watch it but it must happen? >> until the government reforms itself by shrinking its size, until they let up on regulations on business owners the situation will not become better. charles: all right, joel. really appreciate it. glad you came back today. we'll talk to you real soon. >> thank you. charles: from greece to puerto rico. many say it's a bigger threat to the united states. they're facing a deadline today. they have to pay an estimated 418 million-dollar debt. is there news coming out of there? >> we're getting word from our partners at "the wall street journal," the puerto rican electorate, power authority they reached a deal with creditors make the $416 million payment. this is good news. this would be first in a series of long defaults coming out of the country. this is very good news.
charles: put it in perspective 400 million out of 72 billion. to your point there is still a long line of people. there will be the next right around the corner. >> yes, absolutely. muni bond fund holders you have to scour your holdings to make sure if you have puerto rican exposure. charles: particularly retirees. let's check the big board. we are up all session long. almost got through the 180 area. dow look much better. remember we got slaughtered down on monday down 350 points. we're getting some of that back. oil prices trading in a pretty narrow range, taking a pretty good hit, down 58 right now. wonder what that is all about? i bet someone comes on saying china. we'll find out. look at gold. this was supposed to go much higher. this was disaster investment. as a matter of fact down for the week, down four bucks. we have to look at greece's atf. a sigh of relief. double-digit move, 11% higher.
there is our 10-year yield which again, on monday flight to safety, yields down, bonds are up. now exact opposite, all of this means everyone sort solve feeling a little better than they were 48 hours ago. islam make terrorists unleashing a wave of attacks in egypt. as many as 70 militants launching simultaneous attacks on military checkpoints. isis affiliate in egypt claiming responsibility for the attacks. and now this a massive jailbreak in yemen. more than 1200 yemeni prisoners, many of them associated with al qaeda escaping during the breakout yesterday. lieutenant colonel bill cowan is with us. lieutenant colonel cowan isis has been stealing the headlines but, i guess we can't count al qaeda out either huh? >> we can't charles. this mirrors another jailbreak of three months ago where 300 hardcore al qaeda escaped from a prison in yemen.
yemen is in such disarray across the whole spectrum charles not only difficult to understand. very difficult to try to explain but bottom line is, it's a shia-sunni divide. isis is there. al qaeda is there. iranian-backed houthis are there. it bodes ill for the region. it bodes ill foreafrica. charles: how come the white house held up yemen as example, shining example what can happen, what kind of progress canathathathath
>> charles, thanks so much. outrage in oklahoma after the state court order has removal of 10 commandments month you meant. father jonathan morris. looking at hillary's emails. 3,000 are released. we'll tell you what they say. more varney after this. >> i believe in transparency. i believe in taking responsibility. and i have done so. >> what difference at this point does it make?
you wouldn't order szechuan without checking the spice level. it really opens the passages. waiter. water. so why would you invest without checking brokercheck? check your broker with brokercheck. [dad]i wear a dozen different hats doing small gigs,side gigs...gig gigs. quickbooks self-employed helps me get ready for tax time. to separate expenses,i just swipe. it's one hat i don't mind wearing.
[passenger] i work for me. and so does quickbooks. it estimates my taxes,so i know how much stays in my pocket. and that's how i own it. [announcer]stay in the flow with quickbooks self-employed. start your free,thirty-day trial today at join-self-employed-dot-com. usaa makes me feel like i'm a car buying expert in no time at all. there was no stress. it was in and out. if i buy a car through usaa, i know i'm getting a fair price. we realized, okay, this not only could be convenient we could save a lot of money. i was like, wow, if i could save this
charles: check on the big board. dow up 155. we've been about this range all session long. a little bit of a sigh of relief. looking for other things to take it higher or lower but a nice move so far. huge deal in the insurance industry. ace will acquire chubb. both stocks are up. that means wall street likes the deal. more clinton controversy. 3,000 pages of emails released on tuesday shows hillary clinton was in contact with unofficial advisor sidney blumenthal even as the white house blocked him from being a part of her official staff. emails show top white house officials communicated with hillary on private email address while she was secretary of state. fox business washington correspondent blake burman joins us. blake the big question is, will any of it stick? >> reporter: as you might imagine, charles democrats and republicans are responding on this one. the latest batch of emails show that hillary clinton was
receiving foreign policy advice from sidney blumenthal as early as 2009. that is years earlier than publicly known. clinton previously said blumenthal, who was her husband's former aide who reportedly had been shunned by the obama administration, was sending her unsolicited advice. however the new emails show wide range of correspondence from blumenthal who was not on the state department payroll. the republican-led committee investigating benghazi recently subpoenaed blumenthal as part of its investigation. now these batch of emails predate the 2012 benghazi attack but the clinton campaign respond ad little while ago with a new video calling congressional investigation, a quote, political charade. the latest emails add up to roughly 3,000 pages as you mentioned. the court ordered the continued release of clinton's state department emails hosted on her private server every 30 days. the republican national committee says this is an issue still in its infancy.
they're responding saying emails are tip of the iceberg. we'll never get full disclosure until hillary clinton releases secret server for independent investigation. charles: good luck with that one. >> hillary clinton can not go into iowa as wounded runner. she may offset that weekly giveaways like tax credits to offset slow drip of emails that come out weekly. charles: oklahoma supreme court ruled "the ten commandments" con my meant on oklahoma capital grounds is religious simple and must be removed because it violates the state constitutional ban on using public property to benefit religion. this monument was paid privately. we'll see about that. fox news contributor father jonathan morris is here. essentially the folks who pay for the monument a, it was paid for private fund and b, it is
historical, it represents a historical moment in the history of mankind. >> the private funds argument doesn't convince me. why? we don't want state ground to be promoting one religion over another. the argument that does -- charles: but, having it doesn't necessarily promote christianity? someone wanted to put up something for allah said no, you can't have that they would be picking and choosing. >> it would the point here is this the reason why "the ten commandments" on a state building, on supreme court, a state supreme court for example would not i think be promoting one religion over another because it's a historic representation how "the ten commandments" played into the building of western law. that is why it is on the supreme court of united states of america. that is why there is pictures of moses at the supreme court. because it is a his tore cal, it is representation of a historical fact that is that has to do with why our law is as it is. now, would i want, for example
private funds to be allowed to build, i don't know a catholic challis for the eucharist or something? no, that would be a state promotes one religion over another. we don't want that. we don't need that and it is not in our tradition. charles: but it is obvious that the court didn't buy this particular argument. >> it will be overturned you can be certain. why? similar cases one in texas with a very similar monument has been approved by the u.s. supreme court. looks at supreme court building of the united states. charles: sure. look at america, right? i want to ask you about pope francis. his travel agenda is released. making a whole lot of stops in america. it will be the hottest ticket out there. what are some of your thoughts? because this is a pope that made a huge huge impact in a short period of time in part because of some of the stances he takes. quite frankly a lot of conservatives in america are concerned about? >> you will be freaking out when he comes here i promise you.
and the reason is this. because when pope francis talks, he, first of all he is not a republican or a democrat. he is coming from a very different background. but, he does underline, he does emphasize the need for the world. he will talk with the united states specifically in terms of business, to take care of the poor. and that can be interpreted by some of the language he uses, hey, take money from the rich, give it to the poor. i don't think he is socialist or communist but it is very easy to jump to that conclusion. charles: you used the word background. that is it. the pope came from conservative background that understood capitalism contains success. this may argument something different. >> he comes from conservative background but he comes from argentina where crony capitalism is stronger than any other form of capitalism. therefore he is saying that has to stop. we can't have the rich getting richer and not opportunities for the poor. >> listen why doesn't the pope
come out with encyclical attacking socialism and communism? we evils in former soviet union and russia and china. where is the response to that. >> encyclicals on that. >> where is his message. >> they asked him are you communist socialist. he said in fact socialists and communists stolen the flag of charity from christianity. they have said actually, we communists, socialists taking money from the rich giving to the poor that is real charity. he said that is not real christian charity. >> why he is so big about climate change? that is where he seems to be going i'm sorry with his political message, talking about with you before? charles: that's right. >> that was one of his messages he really believes very strongly that is as important aspect. >> needs encyclical on communism. >> you write it for him liz. >> you should right it for him. charles: if you can't can get me
a ticket my wife and i would of lo to go. >> that would be crony capitalism. charles: they are calling him the real "wolf of wall street." a big shot executive sexually harassing a employee. he has to pay big time, millions and millions. wait until you hear the juicy details. we'll keep the father around.
charles: young woman just won an $18 million lawsuit against her former wall street boss on allegations of sexual harrassment and defamation. give us some of the juicy details. >> chinese immigrant built himself up from nothing, desert in oklahoma, true story. hire this is woman. she is 25 years old. hampton party come be my
assistant. it will be great. ends up according to court documents and testimony he gets her an apartment. his wife signs off sew she will be great for the company. next thing you know the 25-year-old model actress is suing him. just won in court $18 million judgment. basically he forced himself on her. sexual relations. story with about a sex toy i won't get into. the jury found he harassed the woman. charles: after she called it off, he went after her. >> this is his assistant, starts to control her. he doesn't want to hear that. the, his wife a czech immigrant herself, two people built themselves up for nothing. she was supporting hiring of this young girl beautiful young girl. turns around she is not happy either now. as far as the court testimony, it got really salacious. "new york post" kind of stuff. interesting "washington post" covered it this morning. charles: interesting how does he
have $18 million? how did he make all the money. >> that is the settlement he had to give to her. charles: how did he make it. >> fascinating. reverse takeovers. very controversial but legal practice. taking in chinese companies. brokering deal for them to take over near bankrupt american name still publicly-traded ticker symbol. charles: right. >> basically back doorway to have your chinese company listing on u.s. exchanges without dealing with regulatory issues. not that a favored practice but it's a smart practice. charles: it is. he made a lot of money. >> billions of dollars. fascinating stuff. charles: a group of liberal activists burning the american flag in protest in brooklyn. this is days before we celebrate our country's independence. concerned veterans for america president, pete hegseth. he is up next.
>> ashley webster joins us from athens. ashley, the latest. ashley: yeah hi charles. well, apparently the noises coming out of the tsipras camp he will go ahead and call for the referendum. let's be honest there are few things that the greek government can do right now other than concede to the austerity measures demanded by the creditors. however tsipras may think it has to go to the polls. he's been campaigning for the no vote, no, we can't. in the last several days the european leaders have said if they say no it means bye-bye to the euro state. and in the next couple of minutes greek time could be hours from now we don't know. that's the latest we're
hearing, perhaps more defiance from mr. tsipras' government. there was an effort made to agree to the conditions of the bailout earlier in the day, but the creditors said that went away by midnight. it turned into a pumpkin. the greek government says we want to new two years, $29 billion to come through to 2017 and germany says we're not going to do anything until after the referendum. maybe we'll hear what happens next. that referendum set for july 5th. at one point today, there was strong speculation, it was going to be scrapped so that they could negotiate another deal or try to with the eu, but he may come out and say no we're going for the polls and that could be one step closer to dropping out of the euro zone. that's it the no vote wins charles.
charles: thanks a lot. the tides are turning back and forthment glad you're out there. a study reveals that a sugary drink leads to 184,000 deaths worldwide and dr. mark siegel is here. 184,000 worldwide, deaths out of 5, 6 billion people per year so now what we get rid of sugary drinks? i don't want to sound flip about it, but a percentage at that-wise like .01% or something like that. >> what's new, the first time they've done a survey or a study looking directly at sugary deaths. we know at that obesity leads to many deaths a year. 130,000 were due to diabetes because the more you weigh, the less effective your insulin it. the less effective your insulin is, the more risk of diabetes.
the point that it's only a small number of deaths any number is large. charles: that's true. i believe it. i think that we're drinking too much-- >> this is what i'm worried about and we had a supreme court court case on the epa and mergery and the goal of getting a small amount of mercury in the arren a making the utilities spend $10 billion on it. the supreme court says that's ridiculous. there has to be a cost analysisment and i worry it's government intervention in our lives. oh, you can't have sugar, we'll tell you how much. >>. >> i don't want the nanny state to get involved i'm on your side. but the tv show i put celticser in the refrigerator
instead of coke. americans are killing themselves. and an op-ed. >> and go through state lines-- >> oh. >> when you say to the insurance company, here is another 16 million and obamacare as it is for now, there's more and more people for the them to charge. they don't feel the pain, but when they go to the doctor's office they're hit with a $5,000 deductible so the insurance doesn't cover anythingment i want portability. charles: and also the premiums go through the roof and people who don't get the subsidies do have to pay those premiums and to your point though the people who have obamacare, high deductible dissuade them from going. people who don't havedom care the high prices.
>> and 85% are subsidized. you and i are paying the taxpayers are paying. the solution is more competition. we've said from the beginning. portability through the state lines. >> you realize there's less competition. >> less competition? >> if you have consolidation there will be two or three major companies by the end of the year. charles: thank you, appreciate it. let he a check on our wig body as greece were up 135 points and rapidly giving it away. we're down off 114%. let's chegg oil, oil was already down a buck and now it's down 1.42. right now we have more breaking news from the greek prime minister. this is it saying that the referendums will go ahead and if the people vote no it doesn't mean a ruptureless europe, but we need a more
viable agreement. liz this is the kind of nonsense that we hear. if he doesn't want to make the concessions here. he's going to tell even if we vote no we're still going to be part of the eu. >> ashley webster has been doing a phenomenal job getting us up-to-date what's going on in greece. we need to hit this point. we know that the banks have offloaded greek debt and so it's $14 billion exposure that's not a lot. it's an issue of whether or not russia and china step in to help greece. and whether or not ec bchltbecb, and the euro zone. >> spain has climbed in saying we're not going to be part of
this contagion. i don't know if italy made a formal announcement. for me the real issue here is the idea that you have this mainly, major issue with greece either being pushed out of the eu or falling out of it and the economic dominos, because even though it's small, it's an important part of the economy. the euro lower to part of the german economy, what happens to their economy, they're our biggest trading partners. what happens if they're in a hiccup. the economy is not that great-- you're absolutely right, charles. germany matters more to us. and i it will you something, the european zone is like a castle in the air, the entire euro zone. what we need to focus on is the combination of what's going on in china, what's going on with greece and with puerto rico and we have the big jobs numbers tomorrow. charles: we were up i saw the
high we were up on the dow, 175 points and we've pulled back since then a little equilibrium, but look at 60 points, how word is that. yesterday we gave up 108 point game. and perhaps it's a hint perhaps scuttlebutt, a hint that something's going to happen. every step in the market is what's directly going on in greece and one of the reasons why the greece prime minister is still at the negotiating table. he's able to sway global markets, but how long can he do this? obviously they've officially gone into default and take 60 out of the euro the atm machine and he's got to convince them they can stay in the eu. all the creditors, so-called troika, they've drawn a line in the sand. you saw the prime minister speaking at this moment and
when merkel was speaking. we'll see how the market is going to react to the economy. she will not blink, she make recessions, but sooner or later margaret thatcher is right the best thing they can do is accept some sort of a -- you've got to accept the pain cot tomorrow line. >> and even greece's tax officials say there is massive tax evasion going on in greece to the tune of 10 billion euros. that's right. charles: they're not going to tax out of there. >> if they think they could get the taxes. charles: what are you watching? >> i want to talk about regards to greece because we're watching goldman sachs. and goldman sachs and travelers will the nicest rebound on the dow and foint out those two as
well. and one sector i'm watching is the auto sector. we had auto sales out today. and that stock is actually lower as you can see on your screen. we'll put to auto sales and i was looking at the sales growth raising 2%. that's the biggest increase in the market as far as prices go and the suv sales were doing well. up about 10%, but depending where we're going to go. toyota was down one of the favorites in this countries. charles: and thanks a lot, cheryl. the u.s. women's soccer team i know you saw it last night, pulled off a victory against favorite germany, can they go all the way? fox's pete schrager is with us after the break. you wouldn't take medicine without checking the side effects. hey honey.
the dow winners, travelers, microsoft, jp morning, those are some leaders we've seen in the financials leading the way, but again, most of the sectors do have up arrows we continue to keep a keen eye on the casino stocks wynn las vegas sands and both are to the upside and continue to be straight gains and showing monthly gains at macao and longer gaming opportunity there to are people in china. the and up 100 to 90 with a buy rating. t strip and instantly open your nose up to 38% more than allergy medicines alone. so you can breathe and sleep. shut your mouth and sleep right. breathe right.
>> breaking news now from the greek prime minister saying that the referendum is a go. that's right, and the people know, it doesn't mean anything with europe. we need to agreement adding that europe must stop acting in an undemocratic way and talking about their creditors and that voters bank deposits are still in greece and they won't be lost and when the prime minister is starting to speak our markets, we were up 175 points, cheryl, yes? >> i'm looking at comments from germany's finance minister greek has to have more clarity before it negotiates. charles: i saw the 10-page report, they provided clarity, but it's just the pain. >> and news for you, not just
the donald macy's says tell about pull donald trump's spo the the-- spot at the store. and and trump is suing univision after they dropped the beauty pageant. and diplomates between u.s. and cuba and this that means opening embassies. peter barnes has more. >> that's right, the president is set to make that announcement in the rose garden in 15 minutes from nowment he wanted to begin normallized relations with cuba and since then opened several steps to get him to this day, including removing cuba from the list of state sponsors of terrorism and also meeting with cuban president raul castro back in april. the president needs congress to lift the trade and travel ban on cuba. that would be difficult with
the republican control of congress and they need the senate to improve an ambassador if he wants to open-- well, if he wants an ambassador at the new embassy in cuba and that move can be blocked by just one senator. and we're already hearing from some senators who say they want to do that including marco rubio republican of florida and son of cuban immigrants and a republican presidential candidate. charles. charles: thanks very much. now to the women's world cup. it's exciting because team usa beat germany and now go on to tonight's semifinal between england and japan. and i guess penalty kicks is how we took the lead and then another late score. >> the ratings came in 6.1 million people watched last night. it's the largest soccer game on fox and on fox broadcast network. in sports bars across the
country and homes across the country they weren't looking for a cable channel, it was on. charles: i saw people tweeting the game is amazing, the game is amazing. so then i started looking at everything. maybe it's on the home channel, maybe on house and garden. oh, i forgot fox. it's been a big deal for fox. that game would be on a weekday and proved to be a good move. >> it's amazing progress not only for soccer, but download from time to time on a week night and blew the competition out of the water. the top trending topics last night were all about women's soccer. this is more than just soccer it's a statement that this sport is here to stay and this team captured the country. charles: you say that before and a year later. >> what happened to women's soccer. happened to the wnba. nothing much going on in sport. i talked to a male friend of
mine, there's women's soccer that's why he's watching it. charles: are we. ? are we there? women's sports is it ready to go? >> you look at usc, the mixed martial arts ron did rowsy, the biggest athlete in that sport and tennis. this is a major moment. >> and she would do great on wall street. charles: she'd do great anyway and serena with the grand slam. >> the williams sisters, have they dropped out of the doubles? >> venus, i think. we've got to rehit the news from greece. the p.m. there-- prime minister there, and europe is acting undemocratic and voters there won't worry about anything our deposits
are safe we'll be a part of the eu. making promises there. we'll see what hams. and the problem, the state of illinois doesn't have enough to pay its bills. it could be america's breach. puerto rico move over jeff flock has a report for us. and tomorrow morning, the biggest report economic report of any month is the jobs report. maria bartiromo is going to break it down for you, talk about the numbers and for the economy and more importantly, what they mean for your money. jobs in america starts tomorrow 8 a.m. eastern time. 5 a.m. pfi right here on fox business. that's why i have the spark cash card from capital one. i earn unlimited 2% cash back on everything i buy for my studio. ♪ and that unlimited 2% cash back from spark means thousands of dollars each year going back into my business... that's huge for my bottom line.
you pay your car insurance premium like clockwork. month after month. year after year. then one night, you hydroplane into a ditch. yeah... surprise... your insurance company tells you to pay up again. why pay for insurance if you have to pay even more for using it? if you have liberty mutual deductible fund™ you could pay no deductible at all. sign up to immediately lower your deductible by $100. and keep lowering it $100 annually, until it's gone. then continue to earn that $100 every year. there's no limit to how much you can earn and this savings applies to every vehicle on your policy. call 1-888-438-9061 to learn more. switch to liberty mutual and you could save up to $423.
call liberty mutual for a free quote today at 1-888-438-9061 see car insurance in a whole new light. liberty mutual insurance. we live in a pick and choose world. choose choose choose. but at bedtime? ...why settle for this? enter sleep number... don't miss the lowest prices of the season, going on now. sleepiq technology tells you how well you slept and what adjustments you can make. you like the bed soft. he's more hardcore. so your sleep goes from good to great to wow! only at a sleep number store. right now, find the lowest prices of the season with the c4 queen mattress set only $1499.98. know better sleep with sleep number.
>> believe it or not they may be closer to a deal in greece than they are here in illinois the newly elected republican governor, they are at a standoff. take a look at what's at stake here. the republican governor saying, hey, listen. we are at the end of our rope here. we cannot have any more taxes or debt. he's also got a reform he wants to put in place. the democrats say that an governor wants to cut our pensions, the pensions of state workers and shut the government down. and bruce i guess who is like chris christie in some ways, fighting a democratic controlled legislature. he says he doesn't want to shut the government down. he's preside money for the schools, he wants to continue to pay workers, but complex programs, that he's holding the money up on. i leave you with a snapshot of illinois. it's not a pretty sight here. junk bonds, lowest credit in the nation, junk bonds for chicago and illinois boyfriends.
got to do something, she shall. >> we keep asking if it's going to happen in this country, well, it kind of is in chicago. jeff, thank you very much. well, we've had a jam macdonald. "varney & company" on the books. here are the highlights. we've more just a few minutes away. >> isis is targeting a very small percentage of muslims around the world. the majority of muslims are in iraq and syria. >> well, not greece -- >> i'm saying puerto rico,. >> transfer all that risk to the taxpayer. >> yeah. >> which puts merkel in the crosshairs. >> right. >> this is all about what merkel says at this point
terms as presented in the referendum, the rebuttal -- well, the stock market was up huge, we're still up, but we gave a lot of those gains back. and then there's chris christie the republican to enter the gop race, this field is getting even more crowd and you can bet even more candidates are going to join. so who will stand out against hillary on that? and donald trump again trying to steal the headlines, and he's not controlling all of them, at this time macy's will no longer carry his products. the donald said he pulled them -- well this of course after he's suing univision. hour three starts right now. let's go to ashley webster he's in athens ashley, when you gave us the heads-up of the flip-flop, maybe the flip-flop, because we don't know what's going on, but this prime minister urging a "no" vote, saying the referendum is
still there, the dow was up 175 points, immediately began to drop, how's the mood out there? what's the atmosphere there like? >> well, you know, it's interesting, charles, and the very last time we spoke, that was the word, and that's exactly what happened. very defined saying he's going ahead with the referendum, and really stressing a point that a "no" vote is not a "no" to staying in europe, it's a "no" to the creditors of what he believes are asking too harsh too hard for the greek people to handle. interestingly the response we've had around here as you can see behind me it's after with 5:00 in the afternoon here in athens, people walking back and forth. many going home. many unaware, by the way, of what's going on. they are asked us, they said a couple of people said we heard that he signed the deal with europe, and of course we had to inform them, no. and i'll be honest with you
those people were very happy with us, . >> yeah, we know the merit from greece are our work-related injury hollow i can neighbors are making us hurt and there's this reality. >> yeah. >> -- what i'm curious, though, we look out there and we see how calm it is and we can go back three years and during the throws of the financial crisis anarchist cocktails, what's going on? why are the people there this be relaxed? have they just come to accept this one way or the other? >> very good question. this is my third time in athens, and other times there have been riots, tier gases, and this time it's different. i think having to live in five years now with these very difficult economic conditions, the back and forth between the government here and the european creditors, i think people are numb to it, they're not happy, they are angry
they're just concerned how they're going to get by day to day. and frankly concerned about the collapse of the banks because we haven't heard from the ecb today charles and i'm expected some sort of message from from them tightening the collateral rules for greek banks based on the referendum. that will make it much harder to free up cash. i expect we'll see another big rally for the "no" vote in front of the parliament, if not tonight, then tomorrow night. but no riots, no clashes of any sorts so far. we were speculating that if he did sign a deal with the european union today, that we might have a backlash today, but that's not the case so that didn't happen. but i see more on hare ofress nation than anything else . >> you know, adam, here's the thing. they're promising that they won't be kicked out of the eu. i'm not sure that's his
decision, we already saw the ecb draw a line in the sand, hence the 60 euro limit, and from what i read and heard they're going to drawl a stiffer line. so it feels like the greek prime minister is making promises to the citizens that got them in trouble in the first place . >> and he can't delivery. >> that's the essence of this whole thing, you make promises you can't delivery. >> right. and and he was supposed to be a leader. he was elected on either we're going to get a better deal or we're leaving. and now he's not living up to what he was elected to do. the people in greece understand that their choices are between horrific and horrible. and if they stay in the eu and the euro, they have to make great sacrifice, if they leave, they're hurting themselves. but is this the person that you would want? and if i can and ashley a
quick question, there's been discussion about this contagion with spain italy and portugal, and i want to get to spain. because charles pointed out that the prime minister there was saying that he hopes the greek people will say "yes" to the ost austerity measures, and he said, yes, we can essentially is a left left wing and the greek left-wingers. and i saw a sign in athens. have you seen any kind of cross pollination or support from the countries that are perhaps the dominoes next in greece should pull out? >> absolutely. i've seen the independence flag also for a link. but as for a contagion ironically the countries that were bailed out at the beginning of the crisis, the port portugals the islands
they have been the hardest overall demand to greece for stay within the wounds of its you know, austerity and it's because they're saying, look, we did it and we don't think it's fair that you don't do it. so they've been pretty tough on the greeks. i will say that island has done very vell. the spanish economy is growing, slowly. overall the rest of the euro zone's economy is doing okay. and it's a lot stronger with greece time around than it was three years ago when there was a lot of uncertainty. right now i think they are pretty much at the end of their tether and will are prepared it appears to let greece go if greece doesn't tow the line . >> you know, adam brought up a rock in a heart place. that brings to mind this story; right? that's where it comes from. either option is not a great option but i think the people have to understand there and ashley probably when we come back i'll ask him again.
i don't think it's being articulated that a "no" is going to be a "yes." and let's check the big board still have a triple digit gain on the dow and we were on the verge to breaking 200 on the upside. now i want to take a look at gold. let's see if gold has some reaction here. these are the global that events people have been loading up on gold for some time. some disappoint, that hasn't gone up people's no. and coin, different subject, and this is really important. it's holding up, remember, earlier today the greek ef was up a whole lot more. it's still up 4%, and let's take a look at the ten-year yield. yield. monday a massive move, a global flight to safety and now our yields went down bonds went up. so the markets on pens and needleds about this, muscle there's a sense of perhaps not panicked just yet, but we're
on the board, boarder line of massive panic. it's nip and tuck. hey, we've got a jammed gop field, and it just got a lot bigger with the edition of chris christie yesterday. and look at that full screen. 14. fox news brett, all right brett, it almost feels at this point that there are so many candidates out there, so many voices talking at the same time, no one can differentiate themselves and they all get hurt this is process. >> that's a good point and there's another side to it inmates you have a lot of qualified candidates, more than any other year that anyone can remember. you have governors and senators and business people and they are all making a case. now, what does that tell us? a couple things. one they think that jeb bush is not the inevitable nominee and he's got an uphill battle in those of those early states especially, and two i think they think that hillary clinton is vulnerable as a democratic nominee, and that's
so many people are getting in . >> brett, to your point the qualifications are undisputed. unfortunately, i've got to let you go, we love having you on but president obama is about to speak and we want to hear what he has to say about cuba. >> thank you, charles. >> oh, sorry. >> more than 54 years ago the height of the cold war the united states enclosed its embassy in havana. today i can announce the united states has agreed to formally establish relations with the republic of cuba and open our embassies in the countries. this is a forward step with our government to normalize with our neighbors and the people in the america as. when the united states shuttered our embassy in 1961 i don't think anyone expected that it would be more than half a century before it reopened. and after all our nations are
separated by only on 90 miles and their deep bonds of family and friendship between our people. but there have been very real profound differences between our governments and sometimes we allow ourselves to be trapped by doing certain ways of doing things. the united states was claimed to a policy that was not working instead of supporting democracy and opportunity for the cuban people, our efforts to isolate cuba, despite good intentions, had the opposite effect. suspended the status quo and isolating our neighbors in this hemisphere. the progress we mark today is yet another demonstration that we don't have to be i am prisoned by the past. when something isn't working we can and will change. last december i announced that the united states and cuba decided to take steps to normalize our relationship. as part of that effort, president cast row and i directed our teams to negotiate the reestablishment of embassies. since then, our state department has worked ahard
with our cuban counterparts to achieve that goal, and later this summer secretary kerrie will travel to havana to prowled raise the american flag over our embassy once more. this is not merely symbolic. with this change, we will be able to substantially increase our contacts with the auto cuban people, we'll have more personnel at our embassy, we will be able to allegheny across the island. that is include the cuban government, civil society, and ordinary could you cubans who are reaching a better life, by counter terrorist, disaster response and development, we will find new ways to communicate with cuba and we will have some very serious differences. that will include america's enduring support for universal values like freedom of speech and assembly and the act to access information and we will not hesitate to speak out when
we see those contradictions. the best way for america to support our values is through engagement. that's why we've already taken steps to allow for greater travel, people to people and commercial ties between the united states and cuba, and we will continue to do so going forward. since december, we've already seen enormous enthusiasm for this new approach. leaders across the americas have expressed support for our change in policy. you heard that expressed by president of brazil yesterday. public opinions surveys show broad support for this engagement. one cuban said i've prepared for this all my life. another said this is like a shot of oxygen. one cuban teacher put it simply. we are neighbors, now we can be friends. here in the united states we've seen that same enthusiasm. there are americans who want to travel to could you be wab the american businesses who
want to invest in cuba. american colleges and universities that want to partner with cuba. above all, they want to know their neighbors to the south. and through that engagement, we can help the cuban people improve their lives. one looked for reuniting families and communications. one put it bluntly. you can't hold cuba hostage to what happened in the past. and that's what this is about. the choice between the future and the past. and learns cubans alike rdr to move forward. i believe it's time for congress to do the same. and i've called on congress to take steps and prevent americans from traveling or doing business in cuba. we've already seen both parties do that work. after all why should washington stand in the way of our own people? if there are those who want to turn back the clock and double-down on isolation it's long past to realize that this approach hasn't worked for 50 years. it shuts america out of cuba's
future, and it only makes life worse for the cuban people. so i would ask congress to listen to the cuban people, listen to the american people, listen to the words of a proud could you be abamerican who recently came out of the policy of past saying i wonder if the cubans who have to stand in line for the most basic things feel this approach is good for them. of course no one expects cuba to be transformed overnight. but i believe through our engagement, our embassy, and our businesses and most of all our people is the best way to expand interest for democracy and human rights. time and again america's demonstrated the part of our leader of the world is the capacity to change. that's what inspired the world to preach for something better. a year ago it might seem impossible that the united states was going to raise our flag, stars and stripes over a
embassy in have a havana. in january 1961, the year i was born when president eisenhower announced says it is my hope and conviction that it is not in the too distant future it will be possible for the historic friendship between us to find its reflection and normal relations of every sort. well, it took a while, when but i believe that time has come and a better future lies ahead. thank you very much, and i want to thank some of my team who worked diligently to make this happen. they're here, they don't always get acknowledged, good work. . >> that was president obama opening up a statement with our relations with cuba. i want to go back to brett who held in there for us. you know, it's interested because
he toggled back and forth and talked a lot about public opinion and cuba and also here in america, and that's the sticky point. a lot of times the cubans florida were against this, i don't know if the political changes where they're for it now. how do you think it's going to play out? >> well, i think public opinion is starting to change on this. if you look at opinion polls a lot of people are in favor of opening it up. there are still real concerns about human rights and some of the groups that have still been repressed in cuba. it's interesting that this particular announcement in the rose garden was carried live on cuban television and we're expected to hear from casrro later today, and this starts the process of opening up cuba in all aspects. but there are real concerns about the repression and the political stepping on toes down there that has been going on for years . >> but the bottom line,
though, is that we did not -- the president says that people have to stand in that hot havana sun and the policies didn't work. that's exactly what the poles were designed to do, that hasn't happened and yet we're assuming that it might. that could be a huge mistake. >> well, it could be. it's going to be interesting how it develops in coming months when secretary kerrie opens the embassy there in havana, i've been there a bunch. it's a place caught in the '50s, and it's going to be interesting to see if it changes, mainly from the governing aspect and if they changes its strips stripes. they are betting it will, and this is another thing that is on the legacy list for president obama, one that he's touting today . >> he is touting it prowled and feels more a part of his global agenda to be liked
around the world, and i think cuba gets a lot more out of it than the americans, i just hope the castro brothers don't get more out of it. . >> now, back to the markets we were on the cusp of breaking 200, and then we had this news out of grease, pulled back a lot with we have got an a little bit back, but here's the point. greece's prime minister, i'm not sure if this is a flip-flop, but he is firmly now calling for voters on to reject the bailout turns and referendum that's on sunday. and he's also said that pensions salaries, none of that is going to be lost. he's making some amazing promises because financially he's anything of that nature position to delivery on any of them. that's why the market has pulled back. but as you can see the dow found some support, at least for now. up 124. 3,000 more pages of hillary clinton's e-mails were released last night. this new batch indicates officials were aware of her private e-mail address, but elasticities of this really
matter? katie, the news comes out over and over and over again, and it feels like anyone else, if you sat down with any other individual and do you want a person with this kind of badge to be your president, the answer would be "no," but her poll numbers continue to hold up pretty good. >> true but there's a poll number out today that it's going to be a hard time getting democratic voters to turn out based on issues of corruption and not really understanding what the middle class is going through. but in terms of the e-mails here, it just really shows that hillary clinton didn't care much about what her boss, president obama, told her she could not do. and if she's got an respect her boss, which is president obama, she's certainly not going to respect her more important boss, which is of course the american people. acid sid was band forked inside the department, and when hillary clinton hire him, she
paid him under the table through the clinton foundation, and more importunately hillary clinton for a long time has been trying to portray sid as a friend, someone with advice, when really going back to 2009, meetings to of course benghazi. they had a relationship, and moving forward i think people should ask the question about whether she has that respect for authority and respect for what she owes people in terms of doing her job and doing under the parameters that she's given . >> and of course we saw this same kind of thing even when she was in front of congress. she really feels -- she's brushed of you every single aspect to this, but will it be enough to stop her? bernie sanders is coming off strong, but it seems like she's got a lock on democratic nomination. >> yeah. it's going to be difficult for her to kind of hang over her head for the next couple year.
i mean you look at the strategy here and them dumping thousands of e-mails. i mean that is on purposes. that is so that it gets on overwhelming to get up with the story that people say i just want to move on. so i'm not sure they'll be able to hold onto it that long, unfortunately, . >> we will stand a story, and that's you. thank you. >> thank you . >> the u.s. business is being fined by the irs for reimbursing employee health care costs. sounds crazy, we're going to explain it. next
>> back to the markets. more of the same from greece. back and forth. big question marks. we don't know what's going on. but here's the latest. the prime minister telling voters to vote "no" on the bailout terms that's on sunday. "no" to austerity, but even money in the bank, it will not be lost. big promises. now, as of health care expenses, one costing you enough. well, the irs now looking to find small businesses over $36,000 each just for helping employees to pay their health care costs. gerri willis is here, yuve got to explain this one. >> you're not going to believe this. so there's a rule that goes into rule this effect, the irs put this into effect. they did not as you ask you, there was no public comment,
it just came down, and it notes 201354, if you're a small business and you reimburse your employees you're going to be fined for doing it. you can't do that, not using pretax dollars. it's unclear. we don't know what the irs objection to this is. i have to tell you what the nifb policy director says. he says it's the biggest penalty no one is talking about. the penalty for compensating employees for health care is enough to destroy small businesses. his guess is that their objection is not about the tax dollars, he says it's philosophical . >> 36,000 per employee? >> it's $100 a day . >> so it depends on moum how my are working for you, keep in mind, this is preobamacare. >> i do not attract talent. >> you've got it. >> but in the obamacare defines, this is for -- if you have less than 50 employees. >> that's right. and these are who these small businesses operators are.
they don't have a ton of people. under the roof. >> so they sold it and said we won't hurt small businesses, your the big boys, and yet they're hurting everybody. >> a lot of operators don't know this and it will be, like, surprise. >> it won't be the first or last one. you're unearthing the craziest stuff we need to know. thank you. >> thank you . >> well, it's been the story we've been following all morning long, greece and the prime minister, now he's saying reject the bailout referendums. we're going to have a live report from there next
but i keep it growing by making every dollar count. that's why i have the spark cash card from capital one. i earn unlimited 2% cash back on everything i buy for my studio. ♪ and that unlimited 2% cash back from spark means thousands of dollars each year going back into my business... that's huge for my bottom line. what's in your wallet? here is a simple math problem. two trains leave st. louis for albuquerque at the same time. same cargo, same size, same power. which one arrives first? hint: it's not the one on the left. the speedy guy on the right is part of an intelligent system that creates the optimal trip profile for all trains on the line. and the one on the left? uh, looks like it'll be counting cows for awhile. so maybe the same things aren't quite the same. ge software. get connected. get insights. get optimized.
>> let's go out to ashley webster in athens, greece's prime minister i guess now ashley you brought it to us first the market pulling back big time, no austerity but how can he promise that there's going to be money in the bank? the pensions are going to be okay. how could make these promises and why are people buying it? >> simply put, he can't make those promising, but he's done it many times before. that's how he came to pare in the first place, a 25%
unemployment, it was then that he was elected on the platform of we won't take this anymore. and now here we are with the referendum going forward, and to your point, charles, he said deposits will not be lost, pensions will not be lost, and he also appealed to people to open open what he called a bright new page of democracy and certain hope for a better deal. but if the "no" vote wins on sunday, assuming this all goes ahead, he says it's going to give greece a much better negotiating tool come monday morning. i'm not so sure. he says it's not a vote to stay in europe. it's a very for a better deal in greece. of course what happens to the greek banks between now and then as i said earlier? we haven't heard from the ecb, but they may want to tighten those collateral rules, which will make it even harder for the greek banks. and a few lighthearted moments, there's a joke going around that the greece would like to pay the imf payment, but, unfortunately, the banks are closed . >> ashley, thank you very, very much. i want to check on the big board.
we have found some equal don't go away, please, ashley, the dow is up 135, so we're hanging in there, and president obama announcing moments ago that cuban america will open embassy in each other's capital, and judge napolitano is here and juan williams as well. but listen people are a little upset because this is an executive action. there's still enough cubans here who remember the brutality of the castros there are still saying there are human rights abuses going on now, and anything we do there has only rewarded this regime and will only reward them more down the line. >> let me address the legal and then the economic, and then if you want the libertarian view of this. and i suspect that my brother, juan, will agree what i'm going to say. can the president do this alone? absolutely, yes.
as early as three weeks ago in a case involving passports where the president's contradicted contradicted the congresses, the supreme court said in foreign if affairs with the exception of declaring war and spending money, the president is supreme to congress. so the president can recognize a country or uncoys a country. he can't build an embassy without a -- >> or even a point an ambassador, it could have been better -- >> well, he could point a temporary,. >> okay. >> so does the president of the legal right to do this? absolutely. on the small government version of this, the libertarian people love this because they believe that where financial liberty goes civil liberty inevitably will follow. it may take a generation or so to happen, but it is a bloodless way to on. up a society to the present century by making material goods available to it. >> right. >> by the ordinary exchange
cash for goods. >> some people say that china will come around to democracy for that very reason. >> well, russia is still run bay by a madman but far more democratic and far more economically free before nixon starting this opening up. >> juan, your political angles to this as well. the president when he spoke, he talked about popular opinion of public opinion and brought support and cuba and maybe a lesser degree here and he also said that it is unfortunate that the cuban people stand in the hot havana sun wait for the basic items. to a degree that's what it was for. punish the people there and hope they were forced out of the regime. that didn't work opinion. >> this is a personal one for me because i was born in panama. so the dictator at the time was very much a friend of the castro's and my father, and the reaction of that as a black man wanted to get the hell out.
because you could see these people getting land, putting people in jail for free speech vie laying. so in a way, this is a very difficult thing inside my family because people have very different opinions, but in a way that's why i'm sitting next to you. so my initial instinct is i don't want to do anything to give any sanction to the castros, but from a larger geopolitical discussion that what you have here is a situation that has been for 50 years. nothing has changed. it has not helped the cuban people. they're still in jail. so the united states to get in, i think could open things up. >> some people, people who committed atrocityities in cuba, this is a build part that we introduced them, our
kindness, our capitalism, our money, but it would have been great if we got something out of it in the beginning. >> i absolutely agree with you. the castros will die. second who is the second line of leadership? when nixon went to china could you have imagined -- i'm not saying that the chinese government is an open and transparent government, but could you imagine what we have today? and there's going to be immediate ramifications to the positive for americans from an economic standpoint. you know, black beans is to cuba on a small scale now. the cubans have access, they're going to be able to use credited to buy huge amounts of produce from the united states. >> right. >> as the cuban population starts to get fed and there's stability, there's not much pressure for talk. >> we had a great relationship with cuba before. america, cuba, it was a fun great relationship. but i also want to get back to greece because that's the story that is moving markets.
judge, sort of a flip-flop here, but you've got -- the prime minister of greece is promising his people that their pensions will be intact, that they'll have money in the bank, that they'll stay in eu. >> then he must have a shoe box with cash in it. i don't know how he's going to pay these bills. i was asking adam during the break. does the greek government have gold reverses outside the country? is there some way the imf or to whomever this debt is owed, can they tap that, the answer is "no." there is a state sanctioned theft. >> very little gold reserves. >> they've got roughly 6 billion. . >> that's what happened in america a few years ago, juan, when people were buying -- hold on a second. i want to go to ashley. ashley webster is in athens, and he's got an update for us. >> hey, charles, just to
reemphasize what we've been talking about, i think the mood of the people outside the bank for most of the morning where it was a big crowd people trying to get in to get their money, there's a lack of credibility there with what's being told, what's happening though, is that the government here is telling the people it's all the fault of the european union that the ecb is responsible for the greek banks being closed, and they're buying it. >> and that's what i'm going to ask juan. we in america we bought houses with no money down, but they blame the banks. they said we're the victims. >> yeah. >> so this is a universal sort of thing that happens when people who don't meet their obligations turn around and meet the very folks who lose their money,. >> well, i think it's a little bit different. we have a determine in wall street did have some responsibility. >> yes, they did. >> in offering loans to those who shouldn't have been given loans.
but i'll say this about the greeks. i don't see how you can sell it. has even urging people to vote "no" on austerity measures going forward. i think this is a total rip off. >> why is he crawling for the referendum if he wants to be defeated. >> he's not a leader. they brought this on themselves with goldman sachs, it was help them high, their true debt picture when they earned the euro zone. >> they arrived in 1981, they promised them a lot -- >> the greeks. >> and they run out of other people's money. let's hit the headlines. the dow is up 116 points waiving, though. greek's prime minister saying reject austerity. it's the same story over and over again. our markets have been going back and forth. we are on pins and needles right here waiting for every comment that comes out of the country. in the meantime check this video out. it's a man who catches great white sharks. and then he tags them with a gps system, they track them,
you can even track them yourself with an app on your smartphone. we get to the talk to him next. also fox business' critical support, going to break it all down, what the numbers mean for the economy and what more importantly them for you and your money eat loud, live loud, super poligrip. super poligrip holds your dentures tightly in place so you never have to hold back. laugh loud, live loud, super poligrip. usaa makes me feel like i'm a car buying expert in no time at all. there was no stress. it was in and out. if i buy a car through usaa, i know i'm getting a fair price. we realized, okay, this not only could be convenient we could save a lot of money. i was like, wow, if i could save this much, then i could actually maybe upgrade a little bit. and it was just easy.
usaa, they just really make sure that you're well taken care of. usaa car buying service. powered by truecar. online and on the usaa app. >> i'm nicole with your fox business brief, and right now the dow jones up 114 points, and the highs today still showing games and some optimism pertaining to greece, and the dow is up more than a
half of 1%. and looking at the ten 'bond a big move here. 2.41% on the ten-year, so we're watching that. and looking at some of the energy names oil has sold off a buck 75, and down 3.5%, this is the inserting red. looking at constellation brands. beer corona, well, guess what? stock's up 1.5%. and take a look at fitbit. we didn't know if it could go higher. up 2.7%. hits a new all-time high today. much more "varney & company" coming up after the break you total your brand new car. nobody's hurt,but there will still be pain. it comes when your insurance company says they'll only pay three-quarters of what it takes to replace it. what are you supposed to do, drive three-quarters of a car? now if you had liberty mutual new car replacement,
>> breaking news, headlines out of greece in just past hour. prime minister there remaining defiant, urging a "no" vote on that referendum, "no" to austerity, but will greece -- they will go ahead with the vote, the big question is will they vote yes or no. and north carolina. you've heard the news. they've seen six shark attacks along the carolina coast in the last few weeks, may more than usual, and it's making people way more anxious for going to the beach, chris is the chairman which tags great white sharks around the world and they run a very popular shark tracking app.
chris, welcome to the show. a lot of people really on nerves here. you know, we've seen these images, and it feels like maybe it's time to stay away from the beaches for right now. >> well, i don't think that's the case. you know, thanks for having me. when you look down of what's happening in the carolinas right now. what you have is a peek of abundance. so you have the maximum amount of bait in that area, they're at summer's peek, and then this brings in the game fish and the prettiers, and occasionally these pred and you see the more typical bite and release that happens regularly every summer. and was unfortunate several weeks ago that a little larger shark in there removes those limbs and our thoughts go out to those families. for the most part we're used to these sharks grabbing people and letting go of them this time of year. >> we're laymen; right? and
you hear -- maybe it's myth, maybe it's not true, but these sharks they take a anybody else, but once they get a taste for humans, that's what they want. they want over and over again. i don't know if that's an urban myth or not, but when you hear that kind of stuff and you see the news, the occurring amount of bites that happen in a short time period, people have to have at least more caution; right? >> well, look, if you're worried about a shark attack when you go down there and the shark biting you and releasing you, and you're measuring the impact on your life, you should be terrified to drive to the beach in your car or walk across the street. so what level of risk are you trying to manage against in your life, you know? when you see these little, there's these sharks swimming up and down the beach right now, these smaller sharks, and that's why you're seeing clusters of these small bite and releases. if sharks wanted people, they would be cruising around biting a lot more people.
you just don't see that. >> we needed to hear that, and you've got an amazing and the president what you do is very exciting. i'm a little jealous. we appreciate the calm words. >> thank you . >> so don't feel well. what if you could save on expenses? what if you could just call your doctor? well it's here. tell doc, and the ceo of the company is jason, and, first of all, congratulations. i justs of the stock. let's take a look at this real quick. no matter you're wondering ear to ear. you have 64% right now, my man. tell us about it and then i want you to explain how you benefited from the supreme court decision. >> sure, charles. appreciate you from having here. tella doc connections physicians and patients who are not in the same place. we have a network of over 700 board certified physicians who have an average of 20 years
experience. and every day we're helping patients who are in need of care and having a hard time getting access. >> i've heard of this business model for other businesses and the big question is why would someone like a doctor with 20 years of experience do this rather than run their own practice. >> you know, some do it in lieu of their practice. others do it to supplement their income. physicians reimbursements getting pushed down, the hassles increasing, we give them the ability to earn more money and do what they went to med school for you . >> how has the obamacare his latest victory in the supreme court help you out. >> you know, it's a challenge for millions of people. putting the laws in place to expand insurance is great, but the infrastructure and systems are necessary to make sure that the people have access to care. that's what we do at tella doc. >> i've got to tell you that the cbs clinics those are very popular. they're popping up everywhere. they just bought target and we think you're going to see them everywhere.
so we ever to understand the trust level has to be there; right? are you concerned that any of these go wrong, they call up a doctor and say take two aspirin and get eight hours of sleep and they pass away, are you worried about that one big event that could change the dynamics. >> quality is the top of the food chain. everything we do we make sure that there's a quality interaction between patients and physicians. with we have a 95% patient satisfaction, that's off the charts in any industry. >> if stuart varney was here, he would ask you how much money you're worth but i'll have you e-mail me later. >> thank you . >> in honor of the celebration, an award winning country singer, songwriter, and now author, lee green word is going to be with us. can't way
a sound sleeper, or a mouth breather. well, put on a breathe right strip and instantly open your nose up to 38% more than allergy medicines alone. so you can breathe and sleep. shut your mouth and sleep right. breathe right. you pay your car insurance premium like clockwork. month after month. year after year. then one night, you hydroplane into
a ditch. yeah... surprise... your insurance company tells you to pay up again. why pay for insurance if you have to pay even more for using it? if you have liberty mutual deductible fund™ you could pay no deductible at all. sign up to immediately lower your deductible by $100. and keep lowering it $100 annually, until it's gone. then continue to earn that $100 every year. there's no limit to how much you can earn and this savings applies to every vehicle on your policy. call 1-888-438-9061 to learn more. switch to liberty mutual and you could save up to $423. call liberty mutual for a free quote today at 1-888-438-9061 see car insurance in a whole new light. liberty mutual insurance. we live in a pick and choose world. choose choose choose. but at bedtime?
...why settle for this? enter sleep number... don't miss the lowest prices of the season, going on now. sleepiq technology tells you how well you slept and what adjustments you can make. you like the bed soft. he's more hardcore. so your sleep goes from good to great to wow! only at a sleep number store. right now, find the lowest prices of the season with the c4 queen mattress set only $1499.98. know better sleep with sleep number.
>> well, it's fourth the july weekend and time to get our american on. god bless the usa released back in 1992 and now award-winning country singer lee greenwood is back this time with his children book inspired by the song proud to be an american. thank you for coming on, lee. >> thank you . >> let's talk about the book about the mood in america because it feels like a lot of people are forgetting or not as proud i think as they used to be an american. >> you know, right after 9/11 we were really unified,. >> we were. >> and my kids are six and three, so to them it's history, and the bombing at pearl harbor, that's also history. and when you look at the military a very visible means of showing pride, you see a uniform, suddenly were you more proud because that's the defense of our country.
less and less military presence because not every family now has a soldier in it. there used to be. so i think that's the difference. >> well, proud to be an american what are your hopes for? >> you know, my wife and i have been married for 23 years, and is they were young children, we would put them on our laps and read to them books because it's fascinating when you see the pictures. and teach them numbers letters, and words, and they would learn to read that way. but we never had a patriotic book, and i was wondering why they didn't. so i talked to some publishers, and they said let's use the lyrics of your song and teach them about being a patriot. >> i look forward to these kinds of books to like you said real books, look at it, not on a small screen. bring
let you go, we've only got a few seconds, brooklyn there's going to be a flag burning event, and it gives back a little bit. this is not proud to be american, but these are people who have given up and don't realize how great this country is. what does it make you feel? >> it bothers me a ltle t at pple nt treacout and slap you just to get your attention about something that is important to them. >> right. >> and we're a big culture and big nation and there's lots of different viewpoints of who we are is as americans. i hope my book will establish the fact that we're proud of the country. >> well, we're proud of the country, proud you came in. >> happy fourth of july. >> more varney after this
for years. charles: that was fox news's bret baier talking about u.s.-cuban relationships and president obama's next move. neil cavuto your move. neil: thank you buddy very much. i want to show you the guy my money is controlling all the world's money you might like him, not like him, he is the socialist premiere prime minister of greece i'm telling you, alexis tsipras is controlling trillions of dollars in global wealth, it swings north and south on a minute-by-minute basis and this guy's on-again/off-again for referendum against the deal with creditors, for the deal with creditors, might be causing whiplash in the markets but that guy is controlling the course of the world's debt talk. add to that illinois, right now working without a budget, and essentially working with a dramatically stripped down government. you've got chicago also in