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tv   MONEY With Melissa Francis  FOX Business  May 9, 2014 2:00pm-3:01pm EDT

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thing i go for is the 1968 bottle. dierdre: with that, in mind, and since the dow is actually moving higher it's a great time to turn it over to melissa francis. she takes you through the next hour. melissa: send the wine this way. it is friday after all. thanks so much. instant millionaires. the nfl's newest superstars and big name brand already have them pitching products. social media royalty. youtube sensation juice teen, or i justine, as her fans know her. she made a career out of viral videos. she made a fortune. here is your fortune. good luke finding a job. struggling state of economy, four out of five students nix few weeks still do not have a job. even when they say it's not, it is always about money.
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melissa: first the stop story of the day. apple will reportedly spend a cool $3.2 billion to acquire beats electronics. it would be the priciest corporate grab in apple history. could usher in a new era that prioritizes acquisition over innovation. with me, andrew keane, keane on the market. james frischling. what do you think about this, good move if it is real? we haven't heard a official announcement. there are a lost reports out there. what do you think? >> if apple wants to do with core business. i think they should go something with users, a user base. easily bought netflix when it was $8 billion company. they want to get the streaming. depends what they're doing with the business. seems like everything they do is faster, lighter, quicker. they're not coming out with new products. they're going into market buying existing business and existing product line f they want to go to consumer goods i think it is good for them. melissa: everybody is pounding the table yelling at them, what is the next new thing?
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maybe they can't insnow straight? beats is pretty hot. anytime you go into store, my kids take me into, you know, whatever it is. the t-mobile, at&t and there's a beats headset. they want it. maybe this is good idea. >> i feel a little lonely out there. i liked it when i saw the announcement. melissa: i loved it. i loved it. >> i was at my 12-year-old niece's party. every girl had iphone and beats. melissa: really? >> they don't agree on everything except having iphone and beats. they are buying talent. everyone shorted beats since day it launched, not everybody. too many people were betting against it but dr. doctor beat them all. melissa: here is joined us, charlie gasparino out of thin air? >> what is beats? melissa: what do you think of poe things al deal? >> they have so much money they can do what they want. they need to put cash to work. melissa: you are one of the people pounding the table they need to innovate.
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this is alternative. >> one of the shows we were talking about internet bubble then and now. one of the things we forget, these companies by themselves don't really work. melissa: like beats. when you add it on to apple, think -- >> netscape, that got bought by someone. then you do have a degree of creative destruction where this makes sense. melissa: we want to hear from all of you out there. what do you think? would you wear beats by dr. dre? does it look ridiculous? that is what holds me back. tweet me at melissaafrancis. we'll look at them later in the show. snapchat turned down $3 billion from facebook. with the message don't disappear forever, looks like a multibillion dollar blunder. what do you think about this one? >> they misled. overpromised and underdeliverred. internet is permanent and out there. melissa: no matter what they say. >> it is out there. >> i don't think it will really change anything. if you look at facebook and put
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a profile picture and put couple hundred pictures, takes six hours if you want to delete whole profile and. did they mislead? yes, they misled. i don't think they will change. they still have active user base. someone 15 years old, oh my picture in internet somewhere in the world. their target audience and user base will not change. melissa: the whole premise -- >> they misled but still a buyout target. melissa: they turned down $3 billion. >> part of being a good businessman is knowing when to hold them and fold them. mark cuban developed something, which i don't even remember what he developed. sold it to yahoo! >> broadcom. >> what was that? okay. its with a technology that was basically obsolete within a year the but he was smart enough to sell it to become part of a bigger company. these guys screwed up. melissa: elon musk getting tough with the "show me" state with a push that missouri would be latest state to ban missouri's
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direct sales model. what do you think? >> market capitalization is $900,000 for every car they sold. sold 21,000 cars. they are selling directly to consumer happens to be good for them. missouri is not important as state. shows precedent if they go directly to consumer which we've seen in new york and ohio. we haven't seen in new jersey. the big thing, if get charging stations in gas stations across the united states makes it a lot more employable. melissa: a lost hurdles. >> 180 miles on the car and it is dead. what will you do? it is stranded. melissa: what do you guys think. >> the bigger news is difficulty in the battery supplies and declines in sales. states trying to keep musk out, i'm not against musk on that. >> genius. melissa: he never gives up. >> he is up against pretty powerful lobby, these dealerships. they have a lot of political stroke. i'm not crazy about battery powered cars. >> have you drove one no.
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>> no. >> i heard they're amazing an smooth. melissa: until they run out of juice on the side of the road. >> hitchhiking. melissa: like george clooney. >> is that what he had to do? melissa: he had to sit on the side the road. he bashed them sitting on the side of the road teens learning hard way if you don't work your mom decides what you wear. way it goes. unsurprisingly moms love walmart. they are not crazy about abercrombie. basically kids don't have any money. moms are saying we're in target, pick what you want and i will pay for it hire, not somewhere else. >> value versus style. when money is a little tight, value will win. my mom picks out my clothes a long time. i'm betting on mom hearse. melissa: yeah, what do you think? >> moms control spending. they don't want to go to retail stores of abercrombie and aeropostale and target and walmart are value play. they have got enbetter clothes even at target. quality of clothes makes sense.
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melissa: not cool no matter how much you slice it. 8.3% of 11.4 million kid 16 to 19 last summer wanted to find a job. if you don't have money, not going to aeropostale. mom is not taking you. i'm not going to. charlie, you're taking your head. >> i had three variations of jeans, sneakers and t-shirts. hard to feel sorry for the kids. melissa: can't feel sorry for them. college seniors getting geared up for graduation. more than 80% still don't have jobs. that is incredible number, '80 still without jobs. >> i'm not surprised. economy is not picking up as much as people think. getting jobs out of college is very challenging. apple is pretty amazing. i got a job six months before i started college. almost unheard of. i think biggest, thing we're going to see in years to come is student debt loans that are default like crazy. melissa: explode egg. we're talking about raising minimum wage but 80% of college grads don't have a job. where is the disconnect here? >> other disconnect, these are
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the people that voted for president obama. melissa: that's a great point. >> and his stupid policies that prevent job creation on low end. you don't know how many arguments i had with the kids. tell me how great obama is. melissa: were you shaking your fist on the front lawn? that is where i feel like charlie gasparino was. >> you get what you pay for. in some respects, i don't care. melissa: he doesn't care, what do you think? >> get a job. get a job. lower expectations. get a job. get to work. start to distinguish yourself. >> we have a whole cottage industry of barristers graduating from harvard. get to work. melissa: there you go. gentlemen, thank you so much. charlie gasparino, we're so glad you made it touch late. >> blame neil cavuto. melissa: neil cavuto. turns out beyonce might be on to something. single ladies multiplying as marriage rates plummet. princeton mom susan patton and our own feminist lear row, charlie gasparino weigh in on this one. billionaire coming straight out of compton.
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dr. dre ready to cash in big. what you need to know about the rapper an entrepreneur on his way to be the first billionaire in hip-hop. take that p. diddy. ♪ can you start tomorrow?
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yes sir. alright. let's share the news tomorrow. today we failrly busy. tomorrow we're booked solid. we close on the house tomorrow. i want one of these opened up. because tomorow we go live... it's a day full of promise. and often, that day arrives by train. big day today? even bigger one tomorrow. when csx trains move forward, so does the rest of the economy. csx. how tomorrow moves.
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melissa: call it the single ladies effect. fewer women are settling down and tying the knot with the u.s. marriage rate falling 60% in last 40 years. shifting economic realities might be a reason that women are avoiding altar. here to hash it out, my favorite odd couple, feminist hero charlie gasparino and, susan patton. they are not getting married. >> why? >> much more economical to be married and single. people can't afford to get divorced. you have to sustain two households get mayor riffed. melissa: what do you think, charlie. >> feminist charlie. >> i think women who, that don't want to marry shouldn't have marry. i know a lot of guys, my brother, doesn't really want to marry. he is doctor, very successful. melissa: how old is he?
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>> he is almost 50. had a bunch -- melissa: took you a while. >> just thinking how old i am subtract three years. and you know, he is highly successful. meet as lot of women. has, had a long-term relationship. >> men are different. men are different. men are different. they don't have to marry. don't have same -- melissa: women don't have to marry. >> women don't have to marry but woman who want to be married and have children can not wait as long as your brother. >> i agree with that. some -- i'm against telling people, like, your life will suck if you don't marry. >> nobody is saying that. charlie, nobody is saying that you have to marry. >> i'm glad i'm married. people i think marriage is good thing. people don't like to do it. there are woman who are highly successful and very independent. sometimes -- melissa: that is why you don't need to be married. you don't need a man to support
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you. >> don't need a man to support you. i certainly don't think marriage is on the decline because -- >> i know a lot of single woman. they would like to get married. >> to your brother, more women than ever are becoming primary breadwinner in the household. >> i can't wait. i can't wait. when is that going to happen here? no, no i want that to happen here. no, i do. >> maybe you do but your wife doesn't. >> of course she doesn't. they want men to be the man. melissa: i can't let you get away with that, the man, want you to be the man? >> i want to be the woman. >> there you go. >> i don't care. how come i don't care? >> men step up, be the primary breadwinner. melissa: no, no. i think. >> i think they do. melissa: there was a month my husband was off between jobs. i have never been happier. like having mitt romney run your house. he had -- >> what was that? wait. can we show that graphic. >> regularly came hope to your
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husband wearing apron and mopping floor i don't know that would be appeal. melissa: that is appealing. >> would you like to come home to that? erectile dysfunction and insomnia? likely to cheat. anxiety. melissa: this was another study to the downside of having my husband at home while i'm the primary bread winner. did he have erectile dysfunction? melissa: no, no not sure that is related, appropriate question for on air. >> you put it up. melissa: no, no. that was somebody else made that they said that between 18 and 2-year-old men totally dependent on women's salaries, five times more likely to cheat than men who earned same amount of money. what do you think? would you be more likely to cheat if your way earned more, charlie gasparino as our man on set. >> no. i would love my wife, i would wake dinner for her. >> that is so politically correct. that is so politically correct. >> she is taking care of me. >> that is what i'm saying. i want that. >> i would love my wife to
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outearn me. >> i could care less. >> most men egos would be absolutely shattered -- >> if my wife earned more than me, think of all funny have. work out every day. i work out a lot, two three hours, indead of two. melissa: drop the kids off. golf. >> what is in it for your wife? >> i would go to law school. let my wife -- my wife will put me through law school. i put her through business school. >> come home to you wearing apron and mopping floor. melissa: thanks. >> see me in an apron, dude. melissa: meantime, u.s. every corner of the globe money is flying around the world today, starting in china, where officials are considering high-speed rail road for the united states, covering 8,000 miles. i'm not sure this one makes sense. start near beijing before moving across siberia, under the sea and into alaska. if it gets permission it will run through canada, u.s. west coast. never happen. trip would take two days to complete. i bet. over to russia where the kremlin is planning a manned
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colony on the moon within 16 years. first up, will be robotic rovers to explore the surface two years from now. then a manned mission will be sent to set up infrastructure for the colony using local resources. russia is hoping that risch investors will come and help pay for the project, call elon musk. expected to cost billions. landing in u.k., where netflix raised prices around a dollar and 70 cents, more than today's price hike in the u.s. which is about a buck. customers in europe are also seeing a price hike of around one euro. uh-oh. forget keystone. the president has a lot more coming on when it comes to energy issues. in fact, he is just finished decking out the white house with all-american solar panels. you have to see what is going on over there. plus, if you're not a fan already, then just sit tight. online phenomenon i-justine is joining me on the show. she made a career being geeky on
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youtube. she is kind of hot so that probably helps. do you have enough money? ♪ (mother vo) when i was pregnant
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not so with internet from the phone company. i would email the phone company to inquire as to why they have shortchanged these customers. but that would require wifi. switch to comcast business internet and get two wifi networks included. comcast business built for business. melissa: there is a new kind of star that has been born. youtube celebrities, they are going mainstream. i don't know if you notice, from commercials to movie december, there is major money to be made online. here now is one much youtube's most subscribed personalities, "ijustine" easy zare rick. -- ezarik. known as i "ijustine." he likes to go on line to people
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that do mine craft videos. i had no idea this was a huge business. you have more than three million subscribers. how do you decide what to put up and what is going to be popular? >> i think that is the hard part. with the internet you never know sometimes things will work and sometimes they won't. audiences will tell you what they like and you give them more what they like. melissa: one of our videos done very well, it was you ordering a pizza. has more than five million views. what was special about you ordering a pizza? >> you know i have no idea. i think it is, a funny video and a lot of people could relate to ordering a pizza and calling wrong number. so i think, you honestly really never know with the internet what is going to be cool what people are going to like. they're very vocal about things they don't like. melissa: i thing very surprising to people my age an older who
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don't know about this business how much money there is to be made. your first viral video was a 3-hundred page iphone bill. it was viewed two million times in the first 10 days. "usa today" reports thaw made $5,000 off that one. is that the right ballpark? i know you don't want to talk dollars and cents you but is that roughly correct. >> i have no idea. i usually don't keep track of that kind of stuff necessarily. it is hard, because there is different advertising that goes into youtube. they will have different ads that run. so really depends upon timing. but it's a very interesting job. what is school, a lot of hollywood right now is kind of looking to youtube. because we're able to do videos that are cost effective. the video you're watching now, iphone bill cost me nothing to make other than camera i had to film it. it is kind of crazy, there are movies that are huge budgets. we don't have those huge budgets. we have numbers. melissa: you have the numbers. qd pie.
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i don't know what that means. they made estimated 1.7 million to 16 million are estimates a year. they have 25 million subscribers. 3.8 billion views. there is disney collector that basically demos toys. we've seen this one at our house. they estimate that they made $10 million a year. there is another one, sky does mind craft, another one we watch, $3 million a year with 9.3 million subscribers. how does it work? you have to get really popular and invite people to subscribe? how logistically do you build the business? >> it is definitely interesting. a lot of those estimates i don't know where people are getting those numbers which is kind of interesting as well. i will read those, that is not actually 100% true. but it works as a partner program. so youtube will give you a portion of the ad revenue that you make through your videos and it is all just kind of like advertising. you have to be able to monotize your videos which is another issue too, not all of the ads that run are monetizable around the world. so you may think that, you get
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money for every single click and every single ad that runs but that is not how it actually works. so there is a lot that goes into it. melissa: a lot to go into it. sound like you're saying numbers we're quoting we got from a survey online are too high? that is sounds crazy to you? it is much lower than that? >> it really depends, there is not necessarily, there are things that go on. there are brand deals. other jobs people are working too. very hard to pinpoint exactly how much people make. for a lot of us, this is something that we really love to do and to be able to have a job that is so much fun and be able to entertain people and work for ourselves is awesome. so i think a lot of us are entrepreneurs. for us to be able to have this to be a career is really, really awesome. melissa: "ijustine, thanks for joining us today and sharing your secrets. we appreciate night thanks so much. melissa: big story of the day. you all know him. he is same og but is he still draw? who is dr. dre comecoming out of
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compton, andre young, is founding member of nwa. along with ice cube. you them. dre left the group to find death row records. after contractual disputes he left for another label, aftermath. he co-founded beats. he is running to become the first billionaire rap star of the take a listen. >> oh [bleep] forbes list changed. they need up to date the forbes list, it [bleep] just changed. >> in a big way. >> oh my. >> oh my. >> first billionaire in hip-hop right here from the [bleep] west coast. melissa: what more can you say. he is still dre. what do you guys think about this one. >> amazing, a lot of rappers and athletes themselves take themselves as a rapper to grow themselves as a look at top four richest rappers, p. diddy is brand now. 50 sent does energy drinks as well.
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-- 50-cent. he transformed himself from rapper. got in at right time. got into athletes. start a lot of athletes wearing head response phones and took off. melissa: blows my mind. whether talking about "ijustine who we listened to and built a bridge brand and following of making videos reading her iphone bill to someone like dre, glorified gang sister and rapper, picked up on this business and made a lot of very good choices whether he was making them himself or had the right advice, no matter how you slice it his company is ostensibly worth billions. he owns 25% we think. i don't think that is fully disclosed. what do you think about the new ways to make money? the show is called "money"? >> they have 65% of the head phone market. every step of the way i had people tell mooing me it as fad, its a fad. whatever accomplishments beats had as business person people were almost shorting him. an amazing talent to connect that way. melissa: we asked you earlier to
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tweet about whether you would feel silly wearing these headphones. here is what you had to say about it. friend of the show greg rayburn says, i use this. don't get this acquisition. maybe apple is as uncool as facebook. sean berman says if my ears were really cold, maybe. a lot of great answers online. all right. if you don't, i don't have, pay hike, okay. if you don't know the name clooney or ha-ha or john any football man seal. you will know soon, johnny manziel. how yogurt kings are talking about paying their employees a fair wage. "piles of money" coming right up.
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when folks think about what they get from alaska, they think salmon and energy. but the energy bp produces up here creates something else as well: jobs all over america. engineering and innovation jobs. advanced safety systems & technology. shipping and manufacturing. across the united states,
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bp supports more than a quarter million jobs. when we set up operation in one part of the country, people in other parts go to work. that's not a coincidence. it's one more part of our commitment to america. a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people
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while investing billions improving everything from booking to baggage claim. we're raising the bar on flying and tomorrow we will up it yet again. >> here comes the heat. president obama bringing back solar panels to the white house
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today. former president of the women's media center. also back with us is andrew keen. what do you think about this? >> a president that gets up every day and says what would jimmy carter do. he installed those solar panels and the white house and ronald reagan took them out. it is fine that he is doing it. it is a distraction from the fact that he is leading letting the keystone pipeline fallaway. >> they could be paying more. >> i think it is great when you encourage the companies to do good that they start doing good. could you imagine a president holding a cell phone in his hand and saying this technology is ridiculous, i am throwing it in the trash.
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that is what ronald reagan did by throwing the solar panels out. they are 100 times cheaper than when jimmy carter was president. >> i am not sure that the analogy fits. >> i think it is supposed to pay itself off in eight years. he believes in clear energy. >> how will that about pay for itself in eight years? >> over time, the price will get more efficient. >> this is not what the president did this. it is a distraction. the fact that this obama family has a huge carbon footprint.
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>> they can take that energy. the extra energy and sell it back. this is huge cost savings. it is great for our president. >> i have a portable solar powered unit. everyone who deals with -- >> crazy. >> i want to know how it works. >> thank you so much. a new victim and the turmoil in russia. congress facing pressure to allow more liquefied natural gas terminals. opponents say, it will only jack
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up the price.com. how many facilities will be coming online? >> well, it could be two-three by the end of this year. you see the cranes behind me. the federal government is reviewing about 30 of these permits. the manufacturers are saying that this will increase costs for them. >> you are right down the way from a manufacturer that is really upset about this. >> yes. dow chemical. we shot a video rice across the state. you build about three or four of these things and with the export capacity that they have, double. they say that the manufacturing revolution is centered on that. it is cheap. we should be able to export it. why can't we do it.
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>> it all comes down to licensing in the and. >> it does. it took a couple years for them to get approved here. melissa: rich, thank you so much. wendy's is getting a facelift. at the end of the day, it is all about money. ♪ we're moving our company to new york state.
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♪ melissa: i am melissa francis with your fox business brief. the postal office releasing a loss last quarter. the usps has now posted a loss in 20 of the last 22 quarters. another warning to investors over bitcoins. it should be considered a very high risk investment opportunity. the ftc also said be weary of other too good to be true currencies. radioshack is backing away from a plan to close over a quarter of it stores. they originally wanted to shout over 1100 locations. that is the latest from the fox
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business network. giving you the power to prosper. ♪
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melissa: the minimum wage spike turning colder, literally. dairy queen ceo saying people need to be paid a very fair wage.
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thank you so much for joining us. >> thank you for having me. you hear dairy queen ceo getting into the debate. what do you think about it? specifically, our franchisees face factors that impact their business daily. one of which is a minimum wage. others are costs of commodities. competition increasing. our main objective is to figure out how we can do our part and as a supporting business to create opportunities to grow their top line. we are very focused on finding revenue. melissa: you feel like the minimum wage is going higher no matter what? i am trying to dissect what you just said there. >> i think that it can happen in
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a multitude of ways. for us, that is one way we are doing it and strategically emerging our brand to come up with more opportunities for our franchisees. they have to look at their business models and see how they can potentially offset factors like these. we are always faced with something from an economic standpoint. we cannot control the things that we cannot control. what we can control is the things that we can do strategically. i think it is always an option. specifically, it just depends. that is why from our perspective, volume is everything. melissa: you mentioned one way you are doing that is putting tcby and the other together. when i am going in to buy yogurt, i am trying to be good. if i am smelling cookies, i do
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not know. i may not go in. >> you may not buy a cookie and yogurt in the same trip, but there may be other people in your part party that made favor a cookie instead of frozen yogurt. we have been doing this for a long time. we have a website. we specialize in gifting and providing memories. we will be incorporating that into our new store today. melissa: mcdonald's is testing seasoned french fries. this comes as north america same-store sales slipped 1.7% so far this year. in the meantime, wendy's is beefing up the sales this year.
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a slightly more upscale strategy with its brand transformation. three quarters of a percent. gentlemen, what do you think about all of this? >> it seems like a gimmick. it seems very promotional. trying to create that better burger. you are seeing the results. i totally agree. totally changing the brand. domino's pizza is another one. pizza in 15 minutes. domino's pizza, the stock has tripled in nine months. melissa: thank you so much. wrapping up the last hour of trade this week is liz claman. liz: we are watching the markets.
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the negative positive back to negative. you were just talking about, yes, cookies. 1800 flowers. of course, it would be obvious to do the mother's day angle of this. they are going back to brick-and-mortar. they were among the first to do business to consumer direct selling on the internet way back in the day. now they are going rick and mortar. are they back? the ceo. we have to read it cofounder. along with the cofounder of copenhagen these guys are looking to expand silicon valley.
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melissa: we look forward to it very much. don't feel too bad. the business world still think he is number one. you can never have too much money. ♪ (mother vo) when i was pregnant ...i got lots of advice, but i needed information i could trust. unitedhealthcare's innovative, simple program helps moms stay on track with their doctors to get the right care and guidance. (anncr vo) that's health in numbers. unitedhealthcare.
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anbe a name and not a number?tor scottrade. ron: i'm never alone with scottrade. i can always call or stop by my local office. they're nearby and ready to help. so when i have questions, i can talk to someone who knows exactly how i trade. because i don't trade like everybody. i trade ke me. that's why i'm with scottrade. announcer: scottrade- proud to be ranked "best overall client experience."
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johnny mandell looks like somebody waiting for a delivery pizza that will never arrive. the exact amount of time it takes to bake a pizza. coincidence? i think not. >> what they did there was brilliant. remember when we had the blackout in the stadium. oreos instantly uploaded that twitter message about dunking in the dark. you are watching the future happen. melissa: you have to have a comedy writer ready to go.
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you know, i mean, it was a little bit lame. it felt like they had decided ahead of time what they were going to do. what did you think of that one? to your point, that is the difference between the 22 minutes. it is a difference. in today's world of engagement, twitter and facebook, it is those things that make people go that was awesome. i did not know that the number matters. look at manning. he is the number one endorser. pretty much our new guy has two years, three years to prove that he can win.
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a powerful online strategy. i think he can do it. nearly $4 million or $90 each to settle a class action lawsuit. what do you think about this? how do they recover from this? >> in my spare time, i train for marathons. this product is proven to be useless.
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they have lost that newmarket. this one is dead in the water. it is not coming back. melissa: thank you. have a great weekend. the airlines are out to do you again. it is all so they can lower you and with seemingly amazing deals. stay tuned. the end of the day is always about "money." ♪ what if a small company became big business overnight? ♪ like, really big... then expanded? ♪ or their new product tanked? ♪ or not? what if they embrace new technology instead? ♪ imagine a company's future with the future of trading. company profile. a research tool on thinkorswim.
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lyric is effortless. it gives me complete freedom. once they're placed in my ear, i never think about my hearing loss again. showering is not problem. traveling is not a problem. they're hassle free, they're 24/7, there's no maintenance, there's nothing to do. there's just absolutely no reason not to try it. 100% invisible hearing is wonderful. finding one that works 24/7 with no daily hassle is just too good to pass up. so call now and ask about your risk free 30 day trial. get a lyric in your life. ♪ melissa: whether it's on wall street or main street, here's who's making and losing money today. ralph lauren shares slipping at told revenue will only grow about 3-5% this quarter. wall street was expecting growth of at least 10%. aren't they breedty? the stock is down more than 2%
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right now which is a bad start to the weekend. the man behind the brand has about 28 million shares means he's lost about $90 million since this morning. oh, lord. making some serious cash despite an ongoing fight with bill ackman, herbalife's ceo michael johnson. he just made $13 million week after exercising options. reports say he purchased a quarter of a million shares and a price of under $8 each. he then sold them right away for $of 60 apiece making millions in the process. very interesting. and making money from prospective -- perspective college students, campus tours for just under $44,000. what a deal no matter where they're located. they can hit up to eight campuses in one weekend. the company says it's all about helping students make the best, most informed decision at a rock bottom price. all right, airlinessing are
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hopes to fly away from showing you the real price for flights. a new bill would allow carriers to only advertise the base fare, that means they could hide taxes and fees in the fine print. the bill currently has the backing of='l 33 lawmakers. opponents call it dishonest. andrew and james, what do you think about this? >> obviously, i think it's dishonest, but i think it'd be great for the air lines. if you see a slight $19 and you don't realize everything adding up, i know from chicago to new york you can get a flight on spirit airlines for $200, put your bags on, it's another $100. melissa: i guess it's for the airlines, but if people feel cheated -- >> what are you going to do, not fly? melissa: i mean, you're not going to trust t going to know t not even close to that. >> in an era where transparency is at an all-time high, snap chat getting flagged for not being honest, i can't believe this bill is actually moving forward with such enthusiasm. it's dishonest. i'd kill it right now.
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melissa: i don't know, i think once you go through all the way to the process and see what it's really going to be, you just don't click on it. >> i think it's market psychology. people will think they're getting a better deal. melissa: yeah. okay. and where is that coming from? can we -- we have some breaking news right now. go in the other direction, i think, prompter operator, if you want to get to where it is. there is a new -- >> [inaudible] >> all right. dick parsons is the new ceo, former citigroup chair is going to be the -- let's keep, the new ceo of the l.a. clippers. that is what is being reported right now. can you roll back one more time? dick parsons is going to be the -- he is the former chairman of citigroup and the former ceo of time warner. he has been tapped as the new ceo of the l.a. clippers, so there you go, some breaking news for you right now. let's show you the markets here as we're leaving. we are up about six points. that is all we have for you. i hope you're making money today. "countdown" starts right now
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with liz claman. ♪ muck. liz: on this friday as earnings wind down, where should you look for your next big investment idea? tune it up, a new tune for apple. the tech giant's reportedly close to paying $3.2 billion for beats electronics, a streaming music and designer headphone company co-founded by dr. dre. ♪ ♪ liz: what will it mean for iradio, and will it be not just a skull candy killer, but a pandora and notify slayer -- spotify slayer too? google, twitter and facebook are all paying big to expand their footprint in the big apple. we'll find out why new york silicon alley is more and more the hot spot for techs and what are the next start-ups to watch. and is brick and mortar back? just as barnes & noble moves to more mortar stores, the blooming business that started as a mere phone line now expanding its brick and

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