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tv   After the Bell  FOX Business  October 13, 2017 4:00pm-5:00pm EDT

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tighter in the united states. it will turn in the world as well. [closing bell rings] that will be increasing headwind over next couple years. the story is about catching up from behind. liz: steven weiting of citi. thank you very much. it's a record. happy october friday the 13th. that is doing it for the "claman countdown." melissa: we're closing in on 23,000. just a few more days like this, ending at 22,879. david: that is another record. melissa: all right. all the major averages all ending higher as well. "time" melissa francis. >> and i'm david asman. happy friday to you all. happy friday to you, melissa. melissa: david: thank you is "after the bell." more on big market movers. here is what else we're covering very busy hour. very busy day. pivotal day inside of the beltway. the president announcing this afternoon he will not con at this to certify that iran is complying with the nuclear
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agreement. nancy pelosi jumping to iran's defense, claiming the rogue nation hasn't violate what president calls the worst deal of. we'll try to get to the bottom of it. the president also taking aim today at one of the strangest components of obamacare, paying out billions of dollars to subsidies to insurance companies despite makings about of profits. >> amazing. david: the president says it is corporate welfare. he is ending it now but will courts let him? fires rage in california as death toll continues to climb. a live update from napa valley as. melissa: blue chips closing higher for the fifth week in a row. longest winning streak for three months. go more to nicole petallides what is moving these markets. happy friday to you. >> happy friday, right back at you. everybody loves a nice record close on friday with five weeks of gains. as you noted, look at dow up 34
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points. just now settling 22,872. we're so close. we're sitting right at that level at this second. will it be a record? the dow and nasdaq looking at records. not the s&p 500. finished slightly higher. look at some movers. we got good consumer sentiment numbers. people are feeling better. jumped to the highest numbers in almost 14 years. that impressed wall street. look at banks though. we came out with quarterly results. we did see some good news from bank of america, 15% rise in profits. wells fargo still under pressure. mixed bag how they did today. bank of america up 1 1/2%. watch for goldman sachs and morgan stanley next week. i know you have a great guest coming up to talk about health insurers. take a look. down arrows. there is talk of subsidy payments could be ending? so you can see all down arrows. anthem down, for example, 3%. have a great weekend.
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melissa: nicole, thank you. david: moving to commodities, here is a look at oil closing up 4% for the week to 51.45 a barrel. crude climbing uncertainty surrounding president trump's decision on iran nuclear deal brings us all. gold also moving higher along with stocks, snapping a four-week losing streak, settling up more than 2% back up above $1300 an ounce. melissa. melissa: president trump refusing to certify the 2015 agreement. the deal goes to congress where lawmakers have 60 days to decide on additional sanctions for islamic republic. here with more from the white house adam shapiro. adam, break down the details for us. reporter: well what the president has done decertifying the accord he hasn't pulled the united states out of it just yet. he kicked this to congress as you mentioned. there is effort on capitol hill to restructure a portion of the accord. said the united states could
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impose sanctions if it is determined that the iran is violating the accord and within one year of developing a nuclear weapon. so that is what senators corker and senator cotton are actually working on and could very well introduce legislation to take care of that within 60 days. but short of that the president says he will tear up the deal if they don't. >> you said you will rip the iran deal up, the worst ever. >> i may do that. i may do that. the deal is terrible. what we've done through the certification process, we'll have congress take a look at it, and i may very well do that. reporter: he may very well do that but allies are already raising alarms about what's happening. heads of state of germany, the united kingdom, france, all issuing a statement said they would work with the u.s. congress but they're not pleased. here is what nancy pelosi, the democratic minority leader in the house had to say. >> threatening this agreement does not isolate iran.
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it isolates america. this week members met, our members, house democrats met with four european ambassadors, sigtores to the agreement, to if the u.s. backs out of the jcpoa, we will not. reporter: again what the president has done is essentially handed this to congress to fix. back to you. melissa: adam, thank you. david: with reaction, lincoln bloomfield, a former u.s. ambassador as well as national security official in the reagan and the bush administrations. ambassador, coming to the defense of a rogue nation like iran against the president of the united states, doesn't sound like a smart political move for nancy pelosi but she did it. i'm just wondering when she calls what he did today, a grave mistake, what is your reaction to that? >> well i respectfully disagree with nancy pelosi on this. i think that what happens is, when we talk about iran, we tend to get caught up on the nuclear agreement when actually i think
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what you're hearing from president trump today, and when he spoke at the u.n. recently in september is he is talking about everything else iran is doing which is against america's interests, which is destablizing the middle east, which is executing people at home for no good reason, which is denying the iranian people a chance to benefit from the nuclear deal, the money is going to the revolutionary guards. they're creating havoc across the middle east. what he is saying is, this is stuff that we should have stopped a long time ago. so actually, you know, many people thought president trump would tear up the nuclear accord on day one. that is what his republican primary opponents said he would do. he said it's a contract. i think it is clever to give congress their day. president obama gave them fait accompli, this is a done deal. david: it goes back several administrations who have been trying to deal with a lot of rogue nations that are on the road to nuclear development. we tried appeasement of a kind with north korea. that ended up with north korea
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becoming nuclearized and now a nuclear threat to the world. i think this president sees it different. we don't want to appease these rogue nations trying to get nukes. we wan to stop them before they get the nukes. >> yes, but it is not all about nukes, that is the point. north korea cree cheated on its 1994 agreement. david: so many of us were saying they would do exactly that. it was a mistake to try to make a deal with them because we knew they would cheat on the deal. >> the chief negotiator back then, respected friend, bob gallucci, wrote op-ed during the iran talks, you need a plan b in case iran cheats on the agreement. president trump has not said they cheated on accord. everything he said is not just about, the nuclear terms of the agreement. he is saying we have doubts whether they might be planning blueprints on top of a warhead for a ballistic missile. look what he said.
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it is time to stop iran's aggression against america and its allies. it is nothing to do with nuclear. david: there is one area of the world up fortunately we're on the ground, our troops are on the ground with iranian troops or at least iranian proxies, that is in iraq. iraq has a lot of control over a lot of shia militia there, right on the ground with u.s. troops. they're working together against isis but iran could turn that around if they want to. is that the biggest threat that you see right now in terms of their reaction to this? >> hard to say, because you know, the revolutionary guards last week threatened to unleash ballistic missiles against our forces all over the gulf. you're right, they are side by side. they are not on the same page. they are not iran gran backed militias are not part of iranian security forces officially. a pretty delicate situation. another reason for our troops doing a very carefully tailored
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mission. i think the tide needs to turn. david: it is not without risk. a lot of people think it is about time. ambassador, thanks for coming in. >> thanks, david. david: melissa. melissa: president trump announced cutting payments to obamacare insurers. the left is furious but the president is insuring americans that the move is better for the health care system. >> that money was subsidy, and almost a payoff to insurance companies. melissa: here now is house minority leader nancy pelosi, how she is firing back at the president for this move. >> if the president single-handedly decided to raise americans health premiums for no reason except spite and cruelty. melissa: republican congressman jason lewis from minnesota joins us now. spite and cruelty. was that the motivation -- spite and cruelty against americans. >> this is rich considering all the rules that came under the
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affordable care act under kathleen sebelius. the law was what made it possible for the hhs secretary and the administration to impose many of those things. the president just is undoing part of it. but it is especially ironic hearing the minority leader talking about bailing out big insurance and more corporate subsidies to cover up a failed experiment. this, the democratic solution here does nothing to control costs. they just want to make certain massive subsidies continue to cover up their problem. melissa: a lot of insurance companies have gotten out and when you look at the past two quarters you can see profits for big five insurance companies were more than $10 billion. maybe that is a function of the fact that they got out. maybe that is a function of the fact that the ones that are in are getting a ton of money from the government. but it does tell you we should not make the next payment if they did that well. what do you think? >> that was the great lie of obamacare, you can force companies to lose money. no, they will leave the market.
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you have what, 40%, 50%? it could be high as 60% of counties with uninsurer. they are exiting market. in my home state, melissa, the state of minnesota had to come in 549 million to buy down premiums. why don't we have real reform, the kind president is talking about today. short-term insurance for a year. undoing mandates, equalizing the tax code and associations across state lines for small business, which we voted on in the house. i was glad to support. melissa: one problem in the short term a bunch of people will be stranded. that is not going to be great. how do you deal with that? >> you can keep putting on a bandaid, the problem with this approach you would have to subsidize exchanges, forever. every year you have to throw millions or billions of dollars at it. this is why we need real reform. that is what the president is doing. the administration is trying to force the issue a little bit, say look, time we get to actual reform that lowers costs, so
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people can buy the kind of health insurance best-suited to them, and not the kind that some bureaucrat thinks they ought to have. melissa: my own senator, can chuck schumer saying today, that a whole lot of republicans want to get these payments restored. that is what he is claiming. is that true, do you think? are there republicans? maybe? >> i don't know. maybe he ought to name some names. i have no idea who he is talking about. i think we ought to do real health care reform and fix this problem once and for all. melissa: what does that look like though? the fact of the matter, everybody can do math, we know there's a bunch of people who are not healthy, who need a lot of coverage and can't pay for it? they're not getting thrown out into the street. how do we pay for those people the most efficient way possible? it seems like it is going to be up to the majority and to the healthy people to pay for this group that needs health care and they can't pay for it? how do we do that most efficiently. >> obamacare priced everyone they were sick.
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so naturally prices went up. high-risk pools can take care of vulnerable. they did so before the aca which eliminated them. my own state had a successful high-risk pool which didn't forces everyone else's prices to go up. and on to the exchange. melissa: how is that high-risk pool, how was that successful? did you lay off risk in reinsurance markets? people say that math doesn't add up. you had one that worked. what made it worked? >> invisible high-risk pool where the insurance companies can't game the civil what works. they don't know who is coming into the network and coming out so they don't cherry-pick. that was precisely in the american health care act. as $138 billion worth of safety net would allow states to reimpose the high-risk pool. allow prices to fall for everybody else, especially the young and healthy who right now can't afford to come into the insurance market. >> interesting. congressman, thank you, appreciate your time. >> my pleasure.
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david: well we did get a new record high for the nasdaq. the dow teetered on the brink of history. unfortunately did settle just a share, a hair shy of a new record of the both were higher for the week. nasdaq, i believe, correct me if i'm wrong, producers, this is i believe a high during the trump administration for the nasdaq, correct? yes it is. melissa: all right. >> so the nasdaq got a record high today but the dow just missed it. melissa: this is a fun story. the new face of cover girl, at 69. mae musk juggled a modeling career, obtaining two master's degrees, and raising three successful children. one you might have heard of. she will be on set, about the new special accolade, what it means for beauty industry. david: as puerto rico is trying to get basic necessities for
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survival, the fbi is on the ground investigating investigations of mismanagement of supplies. you heard it here first. one of those is even seeing an official driving away with a car full of goods meant for his own people. former fema director michael brown, warning that this could escalate, get out of control really fast. he will be here to join us. melissa: wildfires continue to rage in california as the death toll climbs. winds are expected to make matters worse this weekend. we'll go live to napa valley for an update. that is next. >> people were going every direction. trees were down. it was apocalyptic. it was insane. been here 13 years, we don't know what the next move is yet. ♪ i would put it on ford. let's find out. noooooooo. chevy. that's right, it's chevy. they look amazing. wow.
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melissa: wildfires absolutely destroying parts of northern california, forcing thousands out of their homes, leaving dozens dead. robert gray live in napa, california. what is the scene like there right now? reporter: we're at the napa county fairgrounds. this is the staging area for firefighters battling blazes. they have come from all over. including north carolina. you see the ashland fire truck. firefighters are cautiously optimistic that they're getting bigger containment throughout the day. they're watching wind very carefully. a lot of residents and business owners have been very optimistic as well. i talked to carissa cruz, standing in the rubble of her home. she lost her home this week. her own vineyard is under threat of blazes. so far so good. she had to evacuate her mother
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as well. she is optimistic and imploring people to continue to patronize napa and sonoma. here is what she had to say. >> the best thing people can do to support the community, continue to support us, buy our wines. come visit us. we're open for business. reporter: if you look at the stats, you understand why. more than 800 wineries in napa, sonoma counties as well, generating $13 billion annually. there are 100,000 jobs tied to that. wine and tourism are key economic drivers. there's a lot of concern whether people cancel their plans to come. keep in mind both vineyards and some brewers had to shut down operations. after all, employees are worried about families and homes. at republic brewery, they had to vac way himself. the daughter had to choose which stuffed animals she would take with her. back to you. >> robert, thank you for that. david: the scene of monumental
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bureaucratic foul-up, the irs hiring equifax in the midst of that news of the company suffer ing the largest data breach in history. under pressure from congress, the irs is suspending the new $7 million contract which was no bid. the irs said the move is precautionary step while they view equifax's security civil. irs says none of its data has been compromised. let us hope so. melissa: they will pause and review. are you kidding me? david: what is there to review under these circumstances? melissa: unbelievable. advancing his agenda, president trump laying out the new agenda at values voters summit today. his plans to move forward what he calls a lack of congressional action. that is coming up. david: plus more fallout from the weinstein scandal. new questions over the language in his contract that is pushing weinstein to fight back. the guy is literally believes he has a case? melissa: amazing. david: gregg jarrett, fox news anchor, former defense attorney is here with his take.
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>> you will not believe the contract that the weinstein company gave harvey weinstein in 2015. it tolerates sexual harrassment. not one instance, not two, but infinite number of cases. ♪ what did you have in mind? i don't know. $4.95 per trade? uhhh and i was wondering if your brokerage offers some sort of guarantee? guarantee? where we can get our fees and commissions back if we're not happy. so can you offer me what schwab is offering? what's with all the questions? ask your broker if they're offering $4.95 online equity trades and a satisfaction guarantee. if you don't like their answer, ask again at schwab.
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david: shocking new developments in the scandal rocking hollywood. "tmz" is reporting that harvey weinstein is challenging his firing and will take his protest to the weinstein directors meeting next month. does he have a leg to stand on? gregg jarrett, fox news anchor and former defense attorney. i thought, are you serious? everybody is entitled, there is a lot out there, everybody is entitled to defend themselves, after a this flood, 34 women and countying so far. >> it is stupid move by weinstein to challenge the
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contract because the contract he signed is per se illegal. i can not contract with somebody to commit murder. the weinstein company can not contract with harvey win steen to enable him and condone the behavior to continue sexually abuse victims. that is what this contract does. david: let's put up part of the contract you're talking about. some people call it a pass to harass. put up the full screen. we'll pay 250,000 for the first instance, 500,000 for the second such instance, 750 for the third and million for each additional. there were lawyers, greg, sitting at table when this contract was devised and signed. wouldn't they have said, what you just said so clearly, that you can't contract with somebody to do something illegal like this? >> they either don't know the law or are incompetent or are corrupt. and you would think they would have hidden away this contract somehow in a safe because to
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make it public is horribly embarrassing to the company and to the lawyers. it is unconscionable, under common law and statutory law, you can not reach an agreement with somebody, the purpose of which is an illegal end, and that is what this contract does. i mean, for a megamillionaire to have to reimburse the company and pay some fines, then get to move on and on continue to remain in the employment and harass and sexually abuse women, in three cases essentially rape them, it is illegal contract. david: that would make harvey weinstein's position untenable but what would that do to the company? the company as i said, there were lawyers present. clearly there were company officials present when this contract was being signed. >> they could be sued. david: they could be sued? >> absolutely. david: could this be end of the company? the company could be kaput anyway. >> if you are complicit in a
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crime, it makes you an accessory before and after the fact, also covering it up. david: put that statement back up, the board is saying that this contract is legal. any suggestion that the board had knowledge of this contract is false, but there must have been somebody from weinstein there signing this thing? >> lawyers on both ends of the contract who negotiated did something terribly, terribly wrong. david: they must be running away from it now. >> the company could be sued under what is called vicarious liability. but even more here in writing now we know they were enabling and fossing an environment that sustained and further sexually abuse women. and so the company is in deep trouble legally. wine seen is in deep trouble criminally, because the london and new york police departments and maybe los angeles pd are looking into potential first-degree sexual assault as well as rape charges. there is no statute of limitations for those.
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david: gregg jarrett. good to see you my friend. thank you very much. melissa? >> sure. melissa: the long road to recovery weeks after hurricane maria and crisis in puerto rico is far from over. how the local government could be to blame for mishandling supplies on the ground. michael brown, former fema director is coming up. david: searching for answers. new developments in the las vegas shooting investigation. why the timeline of the tragedy may have been resolved. ♪ today, innovation in the finger lakes is helping build the new new york. once home to the world's image center, new york state is now a leader in optics, photonics and imaging. fueled by strong university partnerships, providing the world's best talent.
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melissa: as residents of puerto rico struggle in the aftermath of hurricane maria the fbi is on the ground you no investigating of reports of government officials holding important supplies sent to the island. a fbi special agent telling fox news that the u.s. attorney made it clear, if anyone is caught mishandling fema supplies, they will be prosecuted and could end up facing anywhere from five to 20 years in prison. joining me now to weigh in on all of this, michael brown, former fema director. thank you for joining us. >> my pleasure. good to see you. melissa: how surprised are you by this? have you seen this kind of behavior before? >> i'm not surprised at all. there is always anecdotal stories of someone taking a truckload of supplies into disaster zone, somebody, a private citizen commandeers the truck or allegations somehow
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fema has confiscated the truck. i can rest, i can tell your viewers, they can rest assured fema never confiscates supplies going into a disaster zone. what i have scene and i have witnessed, i'm not surprised by it, we always worry about scammers, whether roofing scammers or someone scamming insurance or whatever it might be. but these kind of activities actually do take place. where people pretending to be fema people, may commandeer a truck of water or truck of food or cots of something. go sell it on the black market. whether government officials are doing it in this case or private citizens are doing it, that is what the fbi is going to investigate to find out. bully for them for -- melissa: i want to say. that is what the special agent said, they were looking into complaints that mayors of local municipalities or people associated with their offices were giving their political supporters special treatment with the goods and not giving them to other people that needed it. >> not surprised.
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melissa: no. >> i think that is rare but when you get into the, these kind of situations where people are in dire need, we should never be surprised what human nature can cause people to do. i just wouldn't be surprised if in certain isolated circumstances that kind of favorite system being played. fema will not stand for it. u.s. attorney won't stand for it. the fbi won't stand for it. melissa: this is the underlying theme of that story distressing to some people, the reason why puerto rico had fallen into such bankruptcy, a large part was corruption in the government. >> right. melissa: that is why their infrastructure, their energy system was in such a fragile state because the money had been mishandled, misused, stolen. it was corruption. when they went into bankruptcy, we thought they will have to get their act together, to get back on track. then the hurricane comes along. these people need electricity. they are in a spot desperately need the help.
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we don't want people of the territory punished but it allows it doesn't clean out corruption if we do a rescue. how do you deal with rooting out corruption at the same time when you need to save the people? >> that is exactly what is taking place here. i think fema has done exactly the right thing, alerting fbi and u.s. attorney's office so they can look into it. if that indeed is what is happening, these people should be held accountable. they should, they're entitled to a fair trial. if they're found guilty they should be thrown in jail. this is the absolute worst thing that you can do when you're trying to conduct a humanitarian effort to take care of everyone, have somebody playing favorites. i can tell you as a former fema director i find it appalling there are even these allegations. so i want the fbi to do as thorough of an investigation as they can and by golly if they have done something wrong, you know what?
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prosecute them. melissa: michael brown. thanks for coming on. we appreciate your insight. >> my pleasure. you bet. >> nobody is attempting to hide anything reference this investigation. the dynamics and size of the investigation requires us to go through voluminous amounts of information in order to draw an accurate picture. my attempt, like i stated earlier, is to give you information as i know it, unverified, to calm the public. david: very emotional press conference earlier with las vegas sheriff joe lombardo. explaining the resolution of a initial discrepancies in the timeline of the massacre nearly two weeks ago that led to 58 deaths and hundreds wounded. place are now saying there was not a six-minute gap between shots aimed inside the hotel at a security guard and firing at the concert crowd outside. here is bill daley, former fbi
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investigator. he was mad. i don't know if you can see it from that clip alone. he is offended that he and mgm were in any way fiddling with the timeline. he had every right to be mad. there was a lot of stuff to comb through to get to the conclusion. >> you can tell this man takes his job seriously as do they all. anyone casting aspersions somehow manipulating the information to suggest something different is infuriating to those been in the profession looking on. i was in a mayors' conference with mayor bloomberg, he and ray kelly. david: former police commissioner. >> would go to crime scene, an incident in new york, being informed by the best of the police and emergency services. and he said within period of time they realized the story is 180 degrees different than first told. something like this. complexity of story, multiple
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people, different locations, maybe time is being kept. there is time recorder on radio not in sync the clocks on the wall. all kinds of things. david: besides tremendous tragedy of so many people being killed and wounded, is, are the questions. the fbi director, or not director, aaron rouse, who is in charge of the fbi for las vegas he was on saying there is still no sign of any ideology or any kind of affiliation that this shooter may have had which leads the question of why? why did he do this? there is no indication he was mentally ill. it leaves me to think, sometimes pure evil doesn't need a why, does isn't. >> it doesn't, david. you can't get into someone's rationality or can't get into their mind. we don't know if there was organic -- david: have you ever worked on a murder case or multiple murder cases where there was absolutely no explanation in psychological profile or affiliation of the shooter? >> some cases i worked on in the
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bureau where it didn't make any sense, people decided for some reason, you can't get into their mind to know why, decided commit an act against another human, in this case many humans who passed away. david: there is one question the fbi can still work off. i don't know if it deals with motive, the question how this guy got so much money. people said he was in real estate. folks, i know folks in real estate in las vegas last eight years have not made money. that crashed badly in 2008 and 2009. never fully recovered as other areas of the country did. he was compulsive gambler. he would spend months at gambling casino hotels, spent millions of dollars. i don't know gamblers on internet, they usually lose money. there is no record of this guy losing. >> you don't have fancy hotels because they are losing money. david: could he have had a black background, some background unbeknownst to anybody around
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him, unbeknownst to any law enforcement agency? the guy had no fingerprints on record, no social profile. looks like he was covering up something in his background. >> appear so. follow the money is important. one suggestion he was in a real estate deal that closed for $8 million, but only one of many people who might be involved in this deal. again people suggests -- david: that would not pay for years of gambling. >> it would not have. follow money. looking at banking record will be a key part understanding who else he was involved with i'm not suggesting in this particular instance but who was involved in getting his money, how he got his money. at end of the day, david, going back to the police report, people are picking apart, lacking a motive, lacking somebody who gripe to go after, somebody to blame. they tend to look at police and authorities trying to find fault of them. this would not have been incident -- david: sheriff lombardo has
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support and so fbi on the scene and they're working hard to figure this out. bill daley, thank you very much. melissa. melissa: president trump celebrating shared and timeless values with religious voters earlier today. the message the president had for the values voter summit is next. >> we celebrate our heroes and we salute every american who wears the uniform. we respect our great american flag. ♪
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david: family, faith and freedom. president trump was at the values voters summit, the first sitting american president to speak at that event. fox news's kristin fisher is on the scene with the details. reporter: the focus here, faith, freedom, family and the flag.
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president trump received best applause line we respect our great american flag. his crusade taking a knee during the national anthem clearly going over very well with the crowd of conservative voters. they have approved with the step he has taken recently to dismantle obamacare. they like what they did last week by expanding exceptions to the contraception mandate. like what he did last night, immediately stopping subsidies to insurers. >> you saw what we did i yesterday with respect to health care. it is step by step, by step. [applause] congress, they forgot what their pledges were. we're going a little different route. in the end it will be effective and maybe even be better. reporter: this is first time the sitting president ever addressed a the values voter summit. it is the third time he has spoken here. he referred to everyone as his
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friend. he would defending the constitution to protecting judeo-christian values. >> we're getting near that beautiful christmas season people don't talk about anymore. guess what? we're saying, merry christmas again. [cheers and applause] reporter: as everybody was heading out to the lunch break i asked 20 people here to grade president trump's first nine months in office. every single person gave him an a, or a-plus, except for two groups of young teenage girls. one group gave him a b, because of his quote personality. another group gave him a c plus. they don't like his communication style but everyone else, very high marks for president trump's first nine months in office. back to you. david: kristin, thank you very much. melissa. melissa: losing interest in international markets. "the financial times" is reporting that saudi state oil company, saudi aramco, is considering shelving plans for an ipo in favor of a private
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sale to a sovereign wealth fund or institutional investors. the company may still choose to trade on an exchange in new york or london, what would be the largest public offering in history. but it would likely be delayed until 2019, or later. isn't that interesting? david: it is. melissa: maybe they missed peak oil. david: oil doesn't have the cachet is used to, there is no doubt. beauty game-changer. meet the new face of "cover girl.." how mae musk is redefining the industry at an age most models are retiring. the model in studio, coming next.
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melissa: beauty at every age, new face of korf girl, redefining the industry and pushing timeless beauty. coffer. "cover girl's new ambassador, that is what we're celebrating, how gorgeous an fabulous you are, and how the industry evolved to realize that. >> i'm proud of my age. i think people should be proud of their age. the thing is i model as 69-year-old. i don't model as 50-year-old. when they want someone around 70, they can think of me. melissa: you have had quite a life. you started out as model. you have two master's degrees. you raised three successful children, one of my son's hero of all time, elon musk. you had a nutrition business for 45 years. you came back to model, were you
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rediscovered? did they see you on the red carpet? were you rediscovered. >> i was modeling since age 18. they said i would be finished modeling i had three kids. you're 28, we mead you as mother of the bride. i was oldest model. there were not models past 20. when i returned to canada at 42, i was grandmother. because i was oldest mother in toronto. and, i just, it just kept on modeling steadily. with social media, then you, i with g models. then with instagram, people start recognizing you. that is what -- >> i think it is fascinateing that cover girl decided to do this. they have godden rid of slogan, ease sy breezy, cover girl.
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we tried to find you to get on the show. the reaction is astounding. we have brand special ises on, campaigns like lane bryant, embracing full figure women, any campaign deviates from what is thought to be societal perfection doesn't work this is working. i've seen the reaction of women everywhere of all ages. the lane bryant thing i think people would say worked. what do you think has changed? >> people, there are so many more women my age, wanting to look fashionable, wanting to do their makeup nicely. i think, companies are beginning to realize that. women your age. women my age. look altyour ideas are what is beautiful and change a little bit. slogan is only thing i don't understand. it is, i am what i make up. yes. what does that mean to you? >> it means i am whatever i make
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up for today. so i'm now on set with you. this is quite glamorous makeup. i'm walking my dog. it is very light makeup. i'm going out to lunch with friends. i wear makeup. whatever i want to be, i can be that person. i do a red carpet and then it is super glam. so. melissa: what has reaction been like. what have you heard? >> reactions. happy. melissa: what is next for you in all of your fabulousness? >> announcement is done, launch at end of the year for covergirl. you can't tell people ahead of time. they always want a surprise. every time i'm doing a job now, it is all quiet until it is announced. it's a lot of cool stuff coming up. melissa: whenever companies try to market any kind of diversity sometimes it feels forced and
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this feels so fabulous and organic. i heard some people talking about it. congratulations to you. very exciting. thank you for coming today. we thank you. david. >> thank you. david: it is friday the 13th today, if you're superstitious your employ hears a few million reasons to even be more afraid. stay tuned. ♪ [vo] when it comes to investing, looking from a fresh perspective can make all the difference. it can provide what we call an unlock: a realization that often reveals a better path forward. at wells fargo, it's our expertise in finding this kind of insight that has lead us to become one of the largest investment and wealth management firms in the country. discover how we can help find your unlock. copdso to breathe better,athe.
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>> melissa: your boss' nightmare friday the 13th costing businesses up to $900 million in lost productivity, this is according to stress management and institute. >> it's not just a coincidence. the research sites workers who are afraid to travel and there are a lot of other workers that are afraid to close. who would want to close a big deal on friday the 13th? >> melissa: someone who wants to get paid. true by the way it's also the
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100th anniversary today of the miracle of the sun in fatima. an incredible thing that happened 100 years ago today. >> melissa: he's just a font of information. i had no idea there you go have a great weekend, risk & rewards starts now. >> international inspectors will have unprecedented access, if i ran cheats the world will know it. we see something suspicious we will inspect it. if i ran violates the deal, sanctions can be snapped back into place. >> two months ago in vietnam, the united states and five other nations reached agreement with iran on insurancing the peaceful nature of that country's program we've seen the results, under the nuclear deal that we are allies & partners reached with iran last year. iran will not get its hands-on a nuclear bomb. >> the fact is that the agreement

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