Skip to main content

tv   After the Bell  FOX Business  October 21, 2015 4:00pm-5:01pm EDT

4:00 pm
agree to his demands. big pill for some to swallow. standing in the way could be the house freedom caucus. we'll speak to the cofounder of the caucus ahead of his 4:15 meeting with ryan. melissa: hillary clinton's turn on the hot seat in front of the benghazi committee. the closing bell rings] but first the as closing bell sounds here on wall street. we're ending the day on major indices right now, dow down 46 points. the s&p shrinking more than half a percentage point. look at crude oil though. down 2.4%. gold trading lower. the bears in full effect. david: we'll get back to markets including earnings from ebay and others. first vice president biden may have been handing hillary clinton the democratic nomination today with his long-awaited announcement. >> i've said all along, what i have said time and again to
4:01 pm
others, that it may very well be that process by the time we get through it, closes the window on mounting a realistic campaign for president. that it might close. i have concluded, it has closed. david: the vice president formally ending months of speculation about his presidential plans today after he is reported to have decided to stay out of the race last night. peter barnes has the inside story from inside the beltway. peter? reporter: that's right, david. as you saw there in the sound bite the vice president was in the rose garden with president obama standing beside him. there he said, biden said he always knew he would have limited time to mount a viable run before he could determine, especially if his family was emotionally prepared for another one so soon after the death of his son from brain canser in may.
4:02 pm
biden said his family was prepared to back him but said nonetheless he would not be a candidate. >> i hoped there would come to time, i said this to other families, sooner rather than later, when you think of your loved one, it bring as smile to your lips before it brings a tear to your eyes. well, that's where the bidens are today, thank god. beau, is our inspiration. unfortunately i believe we're out of time. the time necessary to mount a winning campaign. reporter: as you said biden's decision bolsters's hillary clinton's standing at frontrunner for the democrats. in a statement she praised him saying quote, joe biden is a good man, and great vice president. serving alongside him in the president and in the administration. i saw his first-hand passion for our country and our people. but in what sounded like a warning to clinton and all other candidates for president democrat and republican, he said
4:03 pm
he will not be silent in the race and will forcefully defend the obama legacy. david? david: interesting, very interesting. what caused him to make that decision? we'll be getting into that in detail in this hour. peter, thank you very much. melissa. melissa: congressman brendan boyle, pennsylvania, didn't see vp biden's decision coming. he joins me. you had it on good authority he was getting into the race. you're not only one. what do you think happened? >> i've seen this before. clearly where vice president was over the weekend was he was running, and i'm not the only one who had gotten that indication. then something happened in the last 24, 48 hours to cause him to pull back. in one sense i'm surprised, but another sense i have seen before candidates, even candidates i recruited in the state legislature, make the plans, help people to run, ready to go, right at the last second come to the realization they don't want to do it. i think you saw that conflict in
4:04 pm
president biden speech today, 99% of it sounded like announcement speech. melissa: right. >> everything he wanted to do as president and everything he cared about except, with the i'm not running instead of, i am running. >> there is a lot of conspiracy theories out there. they don't believe it was necessarily his decision. they think there were clinton forces at work. what do you think of that talk? >> no, i don't think -- like most conspiracy theories they sound interesting but a lot of times the more simple explanation is the correct one. in this case i take vice president biden at his word when doing the cold calculation even though very much wants to run for president and believes he would be a good president, he just simply looked at the facts that hillary clinton is a very strong favorite. even if he were to run she would remain a strong favorite. melissa: with the announcement everything changed. how do you size things up? what is different now? >> clearly hillary clinton was the strong nominee entering this cycle. she has been able to keep that
4:05 pm
even with momentum for bernie sanders. she still maintains a pretty solid lead. she had great performance in the debate last week. i think that helped her tremendously. now i would say, i would have said this even if joe is running, she is the favorite to win the nomination and i think that today's news only bolsters that. melissa: there are a lot of people that think democrats are very vulnerable whatever may happen now, whether it is investigation into her emails or tomorrow on benghazi, we shall see. congressman, thanks so much for coming on. i wish we could talk more. we have american express earnings. the world's biggest credit card issuer out with third quarter results. ashley webster is standing by. what are the numbers, ashley? >> melissa, they're not that pretty to be honest with you. 1 to in$24 and estimate was 1.31. -- miss an earnings and revenue.
4:06 pm
shares down in after-hours trading already. one of the things that stuck out to me, income from international card services was down 37%. american express of course has been struggling. it lost its contract with costco, that runs out next march. also with jetblue airlines. says it will try and now appeal to perhaps a less affluent consumer. so that's interesting. they also say marketing costs have gone up as well. as you can see that stock moving lower in after-hours trading. melissa: absolutely. joining me, jonathan hoenig of capitalist pig as well as a fox news contributor. we also have kimberly foss of imperion wealth management. thanks to you both. john, give me reaction to these numbers. i thought i was keeping american express afloat all by myself but apparently i was not doing a good job. >> obviously not, melissa. i don't know if you shop at costco but investors are taking a hard look at american express moving forward. two misses in terms of eps and
4:07 pm
in terms of revenue. a lot of headwinds here. costco, the travel business weakening. also just a general downtrend not just in the market but a lot of these credit card companies. visa weak as of late. discover and american express looks poised to make a new 52-week low. that's a bearish sign. melissa: yeah. kimberly, when you look at the stats they have the u.s. dollar as a big headwind for them. year-over-year they're down 10%. year-to-date, 17%. is there opportunity in this stock? american express has been a leader for a very long time. >> yeah i think there's an opportunity long term but really is going to be dependent on this relationship split with costco. i think, and american express to see how they are going to replace those revenues and how to replace those cardholders if they don't deviate over to visa and mastercard with this new relationship with costco. so i think long term maybe there is some growth there. i'm just kind of wondering,
4:08 pm
melissa, where is my black card fee is going? how come that is not going down since everything else is going down. melissa: yeah. >> we have it in our large cap portfolio but again i think the, the large cap u.s. stocks are really getting beaten down also by the strong u.s. dollar and that's a hard headwind to fight right now. melissa: kimberly, we did our best but didn't make the quarter for them. i guess we'll have to try harder next quarter. maybe not. my husband is cringing as i say that. >> i'm spending like a banshee. christmas is coming up here. melissa: don't remind me. guys, thank you so much. david: i'm cringing for your husband right now. melissa: i know. david: breaking news on capitol hill right now. congressman paul ryan is expected to meet with the crucial house freedom caucus to discuss his possible run for house speaker. joining me is the cofounder of that caucus, congressman david schweikert. >> hello, david. david: let's talk about first the charges against paul ryan among some republicans say he is not conservative.
4:09 pm
i have known the guy 25 years. he was acolyte with jammingjack kemp and. why do some republicans think he is not conservative enough? >> they're making a complete information tactical error. this actually is a little less about paul or the person who may be the next speaker. it is actually about the rules, the policies and procedures. we the house operate under, let's face it, paul can be a transformative figure because of his understanding what is happening in entitlements and growth of debt. we should embrace those things. now our conversation we're about to have with paul over at the freedom caucus is, will he also now help us move forward on rules and the process improvements for all of us. david: right. let's talk about one of his conditions. he mentioned hear has some conditions. one of them supposedly enduressed by at least 4/5 of your caucus. is that acceptable to you? do you think he will pass that
4:10 pm
particular obstacle? >> well the big moment is coming, the second i'm off the air with you. we'll go over and have that conversation. if paul steps up and says he is willing to help us move forward policy and procedure improvement so every legislator has a chance to legislate, i think el see a favorable light. but we need that conversation. i know it is geeky but the rules mean a lot here in congress because it is how we do our job. david: let's talk about one issue that's pressing on wall street right now which is the debt ceiling. >> yes. david: some people want to tie the lifting of the debt sealing to cuts in cuts in social security and medicare. if paul says that is unacceptable he is unacceptable to your caucus? >> i have not actually heard that discussion in the all the meetings today. the reality the debt ceiling will happen. is there a chance to deal with a systemic mechanical problem we have as the baby boomers are
4:11 pm
aging? we're about to hit reflection where the debt begins to skyrocket. we need to step up and deal with that reality. david: finally, just a quick question, he is a huge family man. frankly that is why he never ran for speaker before and why he is so resistant to do so now. he is sacrificing a lot of his family time for this job if he takes it? >> people do not understand, speaker boehner spent 200 days on the road out raising money telling our story. paul has young kids. so if paul does become the speaker, all of us as members will have to be out there in the country telling the story and actually raising funds that are necessary. david: david schweikert, it will be -- be pleased to report back to us as soon as we can. it is happening just about four minutes from now, the meeting. at the end of the meeting will we know if we have speaker, very quickly? >> i don't know if it happens that fast because there is a lot of discussion still to come. david: thank you, congressman. appreciate it.
4:12 pm
melissa: ferrari hits the street. the luxury car making popping ending the day up more than 5%. fox business's lori rothman at the new york stock exchange with more on this one. lori? >> hey, melissa, if you don't have 600 grand to pick up one of these beauties you can own a share of ferrari for 57 bucks a pop. the company debuting to the high-end of the range and shot up to the gate about 60 bucks. come down-to-earth a little bit. scarcity in shares. people want to own a piece of this luxury carmaker, really, could you blame them? these cars are stunning. this is a spider behind me, about $600,000. there are 10 different ferrari models outside the new york stock exchange. you have a formula one racer, a go-kart. you have antique 1961 ferrari that would go out at auction for something like $20 million. send it back to you guys. melissa: whew.
4:13 pm
you would look wonderful in the blue one behind you, lori. that is all i have to say. absolutely fantastic. david? david: somebody who has about 30 or 40 of those cars, carl icahn is taking aim at washington. billionaire investor is forming a 1,150,000,000,000-dollar super-pac -- 150 million-dollar super-pac to end what he sees as dysfunction in the nation toes capitol. he will ask congress to pass legislation that prevents companies from moving overseas. big fan of donald trump who is also pushing for that. melissa. melissa: oil dropping to three-week low dropping to $45 a barrel as we saw a huge build in inventories last week, eight million barrels. wow, that is a big build. that is double the amount that was expected. meanwhile for ren telecom companies may have been able to hack into hillary clinton's personal emails while she was traveling as secretary of state through many countries including
4:14 pm
china. we have the exclusive details you will only hear here. david: great story. emac uncovered that. meanwhile the unstoppable donald trump. new polls show he is taking even greater lead and more voters think he can win. melissa: there may be a couple of kinks in tesla's new autopilot feature. have you heard about this? some owners are complaining their cars keep trying to take them off the highway. that is a little problem. david: whoops. ♪ can protect capital long term. active management can tap global insights. active management can seek to outperform. that's the power of active management. but it is not the device mobithat is mobile, it is you.
4:15 pm
when a moment turns romantic why pause to take a pill? or stop to find a bathroom? cialis for daily use is approved to treat both erectile dysfunction and the 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,
4:16 pm
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 and a free 30-tablet trial. perfect driving record. >>perfect. no tickets. no accidents... >>that is until one of you clips a food truck, ruining your perfect record. >>yup... now, you would think your insurance company would cut you some slack, right? >>no. your insurance rates go through the roof. your perfect record doesn't get you anything. >>anything. perfect!
4:17 pm
for drivers with accident forgiveness, liberty mutual won't raise your rates due to your first accident. and if you do have an accident, our claim centers are available to assist you 24/7. for a free quote, call liberty mutual at switch to liberty mutual and you could save up to $509 call today at see car insurance in a whole new light. liberty mutual insurance. melissa: ebay out with third quarter earnings results. let's go back to ashley. >> melissa, etch bay coming in at 43 cents. estimate was 40 cents. a beat by three cents. revenue coming in 2.1 billion.
4:18 pm
the forecast was 2.09 billion. so just a slight beat on revenue. gross merchandise volume up 6%. also maintaining its revenue guide for rest of the year. showing growth of three to 5% for the entire year. as you can see that stock moving nicely higher. up 9% at one point in after-hours trading. >> ashley, thank you very much. david: bark with us jonathan hoenig and kimberly foss. kimberly i've been looking at 10% gain after-hours. it was slim beat on revenue side. do you think these gains after hours will hold tomorrow? >> well, tomorrow will show but i think it is positive because last year they were down, they were at about 46 cents a share. now they're at 43, which is booed, better than 40 cents that was expected. big thing here, david, this is a stand-alone company now without paypal. david: right. >> investors are looking to see if they can continue with that growth even without that big
4:19 pm
engine because they were a great, dynamic duo together. let's see if they can continue with that. looks to me that investors are positive for -- david: jonathan, explain to me, revenues have been cut in half, literally more than half as much money in revenues when they had paypal. how can a company whose revenues fallen more than half continue to get good numbers on the stock price? >> well, david, i think the a lot of that expectation was built in prior to the paypal spin-off. this is company that transformed commerce and was transformed again by its acquisition of paypal. now that they have spun the company, pun paypal off what will ebay do to transform itself once again? this time, david, it has tremendous amount of competition, certainly more than in the late '90s. alibaba, amazon. the pop we're seeing. obviously a good things for longs. a relief pop appeared of very
4:20 pm
weak performance problem. a technical perspective it has to hold 20 one. if the stock doesn't hold 21 look out below! david: that is from the technical side. get more fundamental, kimberly, a repeat for the question of jonathan. how do you manage when you suddenly have half as much revenue as you used to? >> they have to go internally to cut costs. as an ebay user, you big complaint is the cost of what they have to say for sellers to list an item. they have to do restructuring internally from operational standpoint. then they also have to make a bang out this last quarter is christmas. so they have to go up against like jonathan said, amazon, those types of other seller pressures they didn't have before. if they cut costs and maintain it and their operating costs are profitable which they are, you know might have a chance. david: gotcha. jonathan, very quick please. >> david, to your point, how do you raise revenue? innovate. how any company raises revenue.
4:21 pm
they have to innovate and expand not to just new markets but new type of transactions. grow the pie. that is -- david: let's not rain on their parade. it was a beat and they're doing great after-hours. let's hope for the best tomorrow. thank you, guys. melissa. melissa: congressman paul ryan setting steep demands for speaker run in the house freedom caucus that is meeting him as we speak. will the gop agree to his conditions? >> plus, it is a bird, it is a plane or a cap pino? the nfl running back sipping on a new starbucks drink. that's coming up.
4:22 pm
♪ ♪ (under loud music) this is the place. ♪ ♪ their beard salve is made from ♪ ♪ sustainable tea tree oil and kale... you, my friend, recognize when a trend has reached critical mass. yes, when others focus on one thing, you see what's coming next. you see opportunity. that's what a type e* does. and so it begins. with e*trade's investing insights center, you can spot trends before they become trendy. e*trade. opportunity is everywhere. get fast-acting, long-lasting relief from heartburn with it neutralizes stomach acid and is the only product that forms a protective barrier that helps keep stomach acid in the stomach where it belongs. for fast-acting, long-lasting relief. try gaviscon®. for fast-acting, long-lasting relief. can a a subconscious. mind? a knack for predicting the future. reflexes faster than the speed of thought.
4:23 pm
can a business have a spirit? can a business have a soul? can a business be...alive?
4:24 pm
david: hillary clinton set to testify at the benghazi hearing tomorrow but she might have an even bigger problem on her hands. officials close to the department of justice are concerned that emails she sent from her personal devices were breached by foreign telecoms in countries she visited including china. for more on this fox business exclusive story we bring in our
4:25 pm
own elizabeth macdonald. great exclusive, elizabeth. >> well, thank you so much, david. good to be with you and melissa. department of justice officials close to the matter tell fox business they are concerned that foreign telecoms breached hillary clinton's emails and her home server while she was overseas on business as secretary of state. now high on the list of fears, china. this is a first indication that federal officials are concerned about hacking by workers at foreign telecoms. one justice department official tells fox business, quote, her emails could have easily been hacked into by telecoms in those countries. they got the emails first and routed them back to her home server. another doj official close to the matter, quote, that telecom in that foreign country could follow the trail of emails back to her home server in the united states. used words quote, reckless, stunning, unbelievable in discussing the controversy swirl around clinton's use of home server and personal devices as secretary of state.
4:26 pm
the effort to designate clinton e mace as classified or unclassified, justice department officials agreed, quote, every email mrs. clinton sent is classified because she herself is classified as secretary of state, and a former first lady. in addition, there is a growing belief among cybersecurity experts that clinton's email were unprotected in the first three months of her tenure because her home server did not have a digital certificate at that time. that is necessary layer of internet security. during that time mrs. clinton traveled as u.s. secretary of state to china, indonesia, south korea, japan, egypt, palestine. david: israel, belgium, switzerland and turkey. back to you guys. david: if they didn't hacker they are probably kicking themselves for not having done it t was probably so easy. great story. melissa: wonder why wikileaks don't have her emails yet. david: they probably do. melissa: house homeland security committee addressing threats
4:27 pm
worldwide from terrorism to refugee crisis to cybersecurity. fox news's catherine herridge is live in washington, d.c. with details from the hearing. catherine? reporter: thank you, melissa. good afternoon. 250 citizens gone to or attempted to travel to syria or iraq to join isis. fbi district tore james comey testified this morning that number of americans appears to be leveling off but remains significant at six u.s. citizens per month. >> isil has used that ubiquitous social media to break the model and push into the united states, into the pocket, on to the mobile devices of troubled souls throughout our country in all 50 states, a twin message. come or kill. come or kill. reporter: the most immediate challenge according to this morning's testimony on the hill, the vetting of refugees as isis claims to be planting operatives and sending them into europe under the guise of homeless victims. three government witnesses
4:28 pm
represented homeland security, fbi and the nation's top counterterrorism official agreed, that the president's plan to resettle 10,000 syrian refugees has risks. the most immediate challenge is figuring out whether isis has indeed planted its operatives in this group under the guise of being homeless victims. >> i think we've now worked successfully to make sure that every bit of available intelligence information that the united states government holds will be looked at with respect to a potential nexus to some unbeing screened as a poe refugee. i certainly feel good about the process and the degree which we've tightened up that over time. you can't account for what you don't know. reporter: the other major trend is that americans who do travel overseas to syria are now younger, often in their teens and early 20s. and there is a growing number of young women and girls among them, melissa. melissa: wow. catherine herridge thank you so
4:29 pm
much. reporter: you're welcome. david: vice president biden's bombshell announcement leaving many surprised. so what is next for the democrats? melissa: marty mcfly could have cashed in a hefty sum if he invested in these stocks. we'll tell you the big winners since 1985. >> october 21st 2015. >> 2015? and this has been denied to many south africans for generations. this is an opportunity to right that wrong. the idea was to bring capital into the affordable housing space in south africa, with a fund that offers families of modest income safe and good accommodation. citi got involved very early on and showed an enormous commitment. and that gave other investors confidence. citi's really unique, because they bring deep understanding of what's happening in africa. i really believe we only live once, and so you need to take an idea that you have and go for it.
4:30 pm
you have the opportunity to say, "i've been part of the creation of over 27,000 units of housing," and to replicate this across the entire african continent.
4:31 pm
4:32 pm
melissa: house freedom caucus meeting with congressman paul ryan right now on his long list of demands to run for
4:33 pm
speaker of the house. freedom caucus cofounder congressman david schweikert tells us ryan's criteria may not be a deal-breaker. >> if paul steps up and said he is willing to help us move forward policy and procedure improvements so every legislator has the chance to legislate, i think el see a favorable light. melissa: joining me now, fox news's mike emanuel live from capitol hill. boy, a lot going on there, mike. what is your assessment? >> melissa, no question about that. speaker john boehner who is retiring says one week from today house republicans elect a speaker nominee. if all goes as planned they will elect a new speaker next thursday. paul ryan says he is willing to do the job if his colleagues see him as a unity candidate but as you mentioned he says the party must unnye now. he is open to making changes but the whole team must vote on them. he wants to make a change in the ability to fire the speaker. today the outgoing speaker offered this endorsement.
4:34 pm
>> we all know paul ryan, all right? he's a very good member. he works hard. he is very bright. and he has a good relationships i think with all the wings of the party. so that is why i think he will be doing fine. reporter: ryan spent much of this day behind closed doors answering questions from his colleagues about those changes that he would like to make if elected speaker. this hour ryan is meeting with the conservative house freedom caucus, addressing some of their concerns. >> the only concern that i have right now it appears he is asking for more power to be in the speaker's office instead of less power. >> i don't think the speakership is 9:00 to 5:00 job. i have family and i'm not running for speaker or any position like that. you have to work on weekends. reporter: those close to ryan say he is will to fight for the democrats and taking arrows to the chest but he doesn't want to get shot in the back by fellow republicans, melissa. melissa: that is always a danker
4:35 pm
in politics, mike. thank you so much. david? david: vice president biden's announcement to stay out of the vice-presidential race sounded like a campaign speech. he touted his middle class background and talked about making america great again and sounded like a lot of people to donald trump. talking about the mix i had signals. former senator scott brown, chris hahn, and jason roe, former mitt romney campaign manager. i hate people who ask two questions for one but i will do so quickly. why did he pull out and did leave a little wiggle room open for him to get back in if necessary. >> pulled out for the same reasons i've been telling you this august, there is no staff for him to hire, it is too late for him to get in. is not a protest candidate. if he ran he is running to get win. there is no wiggle room. david: didn't it sound like he
4:36 pm
was making a campaign speech at the announcement? >> absolutely. a lot of wishful thinkers writing that speech as announcement speech. but joe biden is smart, seasoned politician who was not going to run to see his name out there. david: scott, one thing he did do, was take a shot at hillary clinton, not by mentioning her by name but during the debate she was asked which enemy she was most proud of having. she mentioned a lot. ticked off iranians, drug companies, isis. said probably the republicans here is what isis said about calling the republicans your enemy. he said this today. >> i don't believe like some do that it is naive to talk to republicans. i don't think we should look at republicans as our enemy. they are the opposition. they're not our enemies. and for the sake of the country, we have to work together. david: that was a direct hit at hillary, was it not?
4:37 pm
>> oh, of course it was. let me remind hillary and others who are listening that we're americans first. democrat, republican, independent. we come from all stripes, and even socialists it looks like. with we come from all stripes. number one thing we are is americans first and we all care very deeply about this country. just a question how we get there and i know the vice president. i have a lot of respect for him. i thought he was spot on in that. when the president has checked out time after time after time, it was the vice president who reached out to the republicans. that is part of the problem up in washington. they don't talk, they don't like each other. if that is how hillary is going to be, she will be continuation of president obama's policies. >> hope she is continue ages. david: hillary is, she will not change her stripes after all these years. clintons, had enemies list, et cetera. do you think she is going to have, his comments will have any effect on the way she campaigns? >> you know i think that was a warning shot to her that is not how we'll win an election if
4:38 pm
we're democrats in november. i think it was pretty pointed in otherwise kind of pro-biden speech. i think that has got to be, i heard her say it, this is gift to republicans to show how divisive a clinton presidency will be. i think republicans will show how we're different than that, reaching across to democrats. i think it was critical to her. david: could the vice president have any influence on her in her campaign? >> oh, look, i think he is very influential person. i agree with what he said that they are not enemies that was unfortunate line in the debate. otherwise perfect debate. that was unfortunate line. that said i think the vice president will be eventually be supporting whoever the democratic nominee is -- david: but on this issue, chris, the issue you said was a mistake, a lot of democrats say was a mistake, could the vice president have any influence on way she governs her campaign? will she change that rhetoric? >> i think she will change the
4:39 pm
rhetoric she will take that back. it was joke that didn't land and leave the comedy to professionals. david: not a very funny joke. melissa? melissa: sony has agreed to pay up to $8 million in a settlement with employees who claim their personnal data was stolen in the hacking you heard about last year. joining us for more details in the case is deirdre bolton. >> well, melissa, you said it. $8 million, just broken down into bits as you like it, did pen thousand dollars per head if you like -- $10,000 per head ors loss of theft of identity and $1,000 per head, what people had to do after the hack happened. is to say, hire these monitoring services to make sure their data did not show up in other places. so, sony, remember that picture "the interview." the fictional assassination of the north korean leader. not everybody thought it was funny. in fact it may have made sony a
4:40 pm
target by the nation-state. it starred seth rogen and james franco. we talked about it at the time. would sony show it in big theaters. would they just offer it online? turns out they offered it on digital. seems the people who brought the case against sony do feel in fact vindicated. they can put some of that money protecting data in the future which is what some of them are saying. >> deirdre, thank you so much. we'll have the sony ceo and president joining us for the interview. we look forward to that. excellent. uber plans for wall street, the company ceo telling all for plans of an ipo. plus if all you want tore christmas is shiny new lego set. you might want to prepare yourself for some heart break. david: oh, no. america has led the world and it is a more peaceful world
4:41 pm
when we're engaged the right way. we do not have to be the world's policeman. we have to be the world's leader. we have to stand for the values of freedom. who's going to take care of the christians that are being eliminated in the middle east? but for the united states, who? who's going to stand up for the dissidents inside of iran that are brutalized each and every day? but for the united states, who? who's going to take care of israel and support them - our greatest ally in the middle east? but for the united states, no one - no one is capable of doing this. the united states has the capability of doing this, and it's in our economic and national security interest that we do it. i will be that kind of president and i hope you want that kind of president for our country going forward. announcer: right to rise usa is responsible for the content of this message. we ship everything you atcan imagine.n, and everything we ship has something in common. whether it's expedited overnight...
4:42 pm
...or shipped around the globe, ...it's handled by od employees who know that delivering freight... ...means delivering promises. od. helping the world keep promises. therthat can be serious,ere. even fatal to infants. it's whooping cough, and people can spread it without knowing it. understand the danger your new grandchild faces. talk to your doctor or pharmacist about a whooping cough vaccination today.
4:43 pm
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. melissa: the electric slide. tesla owners alleging that the
4:44 pm
car' accidentally steering the vehicle off highways. that would be sort of a big problem. jonathan hoenig is back along with veronica daguerre of "wall street journal." jonathan hoenig, i mean that would be a problem, yes? >> a little bit i guess. two steps forward, maybe even more than two steps back. melissa: or to the side, off the side of the highway, one of those. >> these are growing pains melissa, with very new technology and very new innovation which there is a lot of competition in the space. not like tesla is only one trying to revolutionize automotive industry. a small set back. they have enough dollars and brains to remedy the situation right quick quick. melissa: right. one of the quotes that they wanted to exit at every potential exit driving in the right lane. yikes, veronica, you don't want to be in that situation. >> no no. jonathan is right. this is innovative company. they're developing the
4:45 pm
technology as they go. the thing with tesla, this is such a status symbol for wealthy folks in this country. they are so devoted to the product. a lot of people i speak to, financial advisors. one things their clients really want is tesla. that is the new hot item for them. that is they're willing to take a chance. melissa: tesla and also live through the ride home. that is probably second on that list but that might be unclear. >> those details. melissa: have you heard everything is not so awesome for lego. the toy-maker will run short of bricks this christmas season. see, i don't know. this story does not smell right to me. this is like when velveeta were running out of cheese and run and get it and create ad fake shortage. they made 60 billion lego pieces last year. the vast majority are embedded in my rug at home. they could come over and collect all the pieces from my house and sort them and sell them back out. do you honestly believe there is a shortage, veronica?
4:46 pm
>> i don't know what to believe. one way to create demand saying there is a shortage. melissa: oh, no. you're not getting your leg goes. >> right. >> common. >> christmas is not surprise. it comes every year. lego had these issues for many, many years. had it back in 2014, as recently as then. i'm not sure why their supply chain is not working this out. >> come on, veronica. they do in the need to create demand for lego. they are the number one toy brand in the world. they have been brilliant licensing, getting brand out there front and center. you know what? the shortage, melissa, the shortage is in europe. no shortages here in the united states because it is produced someone produced, leg goes here are produced in mexico. i guess we can thank mexican workers and mexican factories to make sure we have leg goes here. melissa: i wish there were shortage. i might save money. those things are hundreds of dollars. they're all the same silly pieces. you build them. kids take them apart. make them into other things. that set is shot. they want to buy another one.
4:47 pm
that is just my husband that wants to do that. not to imagine my two sons. lego is nightmare. all over my house. if there is shortage, please, god, come to my house. i have the solution. >> would you rather them play videogames? melissa: no, no. but they actually have ones that go with an app. you can have lego and play video with it. they wrecked that i love lego. i just, you know, drives me crazy at home. thank you for letting me vent, people. david, over to you. david: husbands and children. that is why you put the money in the stock. melissa: leg goes. david: just call him teflon don. donald trump extending his lead in the gop pack. the host is, the comedian returning to oscar stage. we have got the name coming next year. ♪ you both have a
4:48 pm
4:49 pm
perfect driving record. >>perfect. no tickets. no accidents... >>that is until one of you clips a food truck, ruining your perfect record. >>yup... now, you would think your insurance company would cut you some slack, right? >>no. your insurance rates go through the roof. your perfect record doesn't get you anything. >>anything. perfect! for drivers with accident forgiveness, liberty mutual won't raise your rates due to your first accident. and if you do have an accident, our claim centers are available to assist you 24/7. for a free quote, call liberty mutual at switch to liberty mutual and you could save up to $509 call today at see car insurance in a whole new light. liberty mutual insurance.
4:50 pm
4:51 pm
melissa: whether it's on wall street or main street here who is making and losing money today. uber, if you're waiting for the car service company to go public, go on waiting. speaking at "wall street journal" conference the ceo travis kalanick that uber is nowhere near the point of hitting the public market next. starbucks teaming up with seahawks run back marshawn lynch. it is beefed mode. it is double mocha cappuccino with berry drizzle and scoop of protein power. that sound disgusting. david: yeah it does. melissa: chris rock back on the big stage. the comedian will be officially the host of the 88 academy awards. this is the second time rock is hosting oscars. should be fun. david? david: donald trump is leaving his fellow gop candidates literally in the dust. "abc news/washington post"
4:52 pm
national poll showing trump's support surging taking 30% of the support. that is nothing new. he has been leading the pack of national polls for 100 straight days. our panel is back to weigh in on teflon trump. jason, i want to go to you first. you used to be the campaign manager for mitt romney. i harken back to the "seinfeld" episode where bizarro jerry, elaine met a bunch of people the exact opposite of jerry and his friend and including cramer. i think of mitt romney as bizarro donald trump, don't you? just the exact opposite of donald trump. mitt romney was. what do you think of trump and his surge and why he is so popular right now? >> i have got to say, i start from wow. i think it is incredible. i think part of it is, when he started i think this was a novelty and a think a lot of people were skeptical he was doing this for anything other than self-promotion but as the thing played out, he maintained a lead.
4:53 pm
he has been entertaining and looks like he is taking this thing seriously. i have a feel a lot of people out there thought this was just for him to promote himself may see he may be a real candidate. david: scott, this thing, let's face it, the presidency, donald trump is many things, but one thing i have no doubt he is patriotic. this is very patriotic man. i know his family. they're very patriotic. he has got to be taken seriously. even establishment republicans who didn't take him serious now have to, don't they? >> well, it is interesting, i'm glad we're talking about this i just spoke to him about four hours ago. i gave him a call. i check in periodically with him and others seeing what is up, giving him read on the ground here in new hampshire. you're right, he is patriotic. he is very confident and he thinks he will win this thing. i pointed out, listen, it's a long haul. starts obviously in new hampshire. there will be coming after him full bore. he says, well, i'm ready. that being said if he is the
4:54 pm
eventual nominee i think he will do a fine job because he is smart enough to surround himself like reagan did with good people who have experience in areas that he may not be as solid in. so i look forward to seeing what happens. and, you know it is kind of exciting. david: chris, today we found out biden's not in the race. i happen to think that trump would do better against hillary than he would against biden because biden was such a nice guy. hillary has background being very tough, having enemies list. don't you think trump would have done better against hillary than biden? >> no. hillary will take him apart. we'll enter into scrutiny phase where voters decide who they are. david: the question who will take who apart. i know that is what you think, but i'm saying against biden he would be more vulnerable, because biden is recognized as nice guy.
4:55 pm
he wouldn't be aggressive as biden would be against hillary. >> aggressive against hillary with his sexist background will backfire against him in big way. i don't think he has chance anybody. i don't think he has chance against republican field. david: various matchups by the way, he does appear to be ahead in, i know you can look at all different kinds of polls. >> right. david: but some of the polls are against you on that one. >> but, david, what you're failing to miss in my statement here, we have not entered into the scrutiny phase where candidates backgrounds, records and plans are really scrutinized by voters. right now he is entertaining us all. he entertains me. i love seeing him on television. people want to keep seeing him on television. that is why he has risen in the polls everyone else -- david: chris, think you're right but one thing we haven't seen, jason all the background stuff on hillary. you know there is a lot of stuff, a lot of people have been doing background stuff on hillary, whether she had
4:56 pm
previous draft indictment, a whole lot of stuff will be coming out, right, jason? >> you're absolutely right. i take issue with what chris said in the sense -- david: quickly. >> you can vet his background as much as you want he committed 10 or 15 gaffs that should put him in the grave but his supporters don't care what his shortcomings are. david: great to see you all, gentlemen. appreciate it. melissa: it highser. day arrived for the iconic back to the future movie. one thing marti mcfly missed out on visiting the future. >> on wednesday. technology empowers us to achieve more.
4:57 pm
it pushes us to go further. special olympics has almost five million athletes in 170 countries. the microsoft cloud allows us to immediately be able to access information, wherever we are. information for an athlete's medical care, or information to track their personal best. with microsoft cloud, we save millions of man hours, and that's time that we can invest in our athletes and changing the world. i use what's already inside me to reach my goals. so i liked when my doctor told me i may reach my blood sugar and a1c goals by activating what's within me. with once-weekly trulicity. trulicity is not insulin. it helps activate my body to do what it's supposed to do release its own insulin. trulicity responds when my blood sugar rises. i take it once a week, and it works 24/7.
4:58 pm
it comes in an easy-to-use pen and i may even lose a little weight. trulicity is a once-weekly injectable prescription medicine to improve blood sugar in adults with type 2 diabetes. it should be used along with diet and exercise. trulicity is not recommended as the first medicine to treat diabetes and should not be used by people with severe stomach or intestinal problems, or people with type i diabetes or diabetic ketoacidosis. trulicity is not insulin and has not been studied with long-acting insulin. do not take trulicity if you or anyone in your family has had medullary thyroid cancer or multiple endocrine neoplasia syndrome type 2 or if you are allergic to trulicity or its ingredients. stop using trulicity and call your doctor right away if you have symptoms of an allergic reaction, such as itching, rash, or difficulty breathing; if you have signs of pancreatitis such as severe stomach pain that will not go away and may move to your back, with or without vomiting; or if you have symptoms of thyroid cancer, which may include a lump or swelling in your neck, hoarseness, trouble swallowing, or shortness of breath. medicines like trulicity may cause stomach problems,
4:59 pm
which could be severe. tell your doctor about all your medical conditions and any medicines you take. taking trulicity with a sulfonylurea or insulin may increase your risk for low blood sugar. common side effects include nausea, diarrhea, vomiting, decreased appetite, and indigestion. some side effects can lead to dehydration, which may cause kidney failure. with trulicity, i click to activate what's within me. if you want help improving your a1c and blood sugar numbers with a non-insulin option, ask your doctor about once-weekly trulicity. and click to activate your within. >> waiting almost three decades to see today, is the day that marty mcfly traveled to inback to the future ii. david: great to see that. if marty was splatter he could have invested in stocks. >> right, right.
5:00 pm
david: might have to change the name to marty mcstocks if he invested in these. 41,000, 46,000%. the lowest was nine thousand%. >> there you go. we don't have the hoverboard or automatic tie sneakers. the technology is there. david: risk and reward starts right now. -- "risk & reward." deirdre: two exclusive conversations coming your way. almost 40% stock price at its worst for pharmaceutical company valley ant. one research company accuses it of fraud. the stock is listed on new york stock exchange. we'll ask the nasdaq president how the exchange would handle the same case. sony paying $8 million to settle a lawsuit brought by employees for identity theft after a hack attack last year. sony's ceo and president joins me exclusively later in the hour. welcome to "risk & reward," i'm deirdre bolton. from the rose garden at the white house, vice president

16 Views

info Stream Only

Uploaded by TV Archive on