at one point they came in black and white cannes and the sup supermarkets tried to adopt this. they want to say, look at me, look at me, i'm cheaper than the other stuff. instead it had another connotation. it it was like loob at me, i'm out of work and then you take it home and they say it doesn't taste the same. and then we get evolution. the shopping club thing emerged, costco being the example. and the company has been at the vanguard for provides private label brands no longer questions to being named with the big name product. i'm surely judging how few people balked at paying higher club member prices their brand may be considered superior to the big brand of products and the more lucrative the store itself because the gross margins for private label are gigantic versus the heavily advertised products and the recognition if the store-bought product looked more like it, allah pier go -- supermarkets tried to outdo it. not just by price. when you get to the checkout counteryou now look smarter than the other guy when you have the private label and very few believe there's

how many of you what are you doing, because you -- you personally have taken this cann company to develop product superior to others. herbalife, i used to think if they didn't knock on your door, it wouldn't sell. >> jim, if it's a product development question, we have a terrific team in here of doctors, scientists, researchers, doing research around the clock in this company. we are building our own manufacturing facilities, growing our own crops and we've got something very special that's taking place inside herbalife. vertical integration, seed to feed supply chain initiative. we are proud of our products. herbalife 24 sports line, nothing like it in the market. it's very sad about what you said about fuller brush. i had buddies that sold fuller brush in high school, college, made some money doing that. but that model is a different model than the one we have today. we're not knocking on doors. we have a lot of fixed space location where people are coming to distributors. our distributors reach out in the community, no doubt about it a different model. but it's sad. it's like kodak. >>

it's like going down the red carpet at cannes. when we come back, the head of boeing commercial airplanes, jim harbaugh. >> that's exciting. i think american technology in the form of boeing and manufacturing, i just think it's as good as it gets. we have a lot of proud and great companies in this country, carl. >> a lot more "squawk on the street" in just a moment. so uh this is my friend frank and his, uh, retirement plan. one golden crown. come on frank how long have we known each other? go to e-trade. they got killer tools man. they'll help you nail a retirement plan that's fierce. two golden crowns. you realize the odds of winning are the same as being mauled by a polar bear and a regular bear in the same day? frank! oh wow, you didn't win? i wanna show you something... it's my shocked face. [ gasps ] ♪ [ male announcer ] get a retirement plan that works at e-trade. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never

time germany's market is hit -- and it will because of the moody's change to the negative, the iron cannes lor austerity merkel rises to the occasion and buys time, allowing the stocks you are buying to recover losses. there are so many companies with high yields and no exposure to europe or minimal economic sensitivity. the only reason you run away rather than toward when you get a sell-off is panic. i never get tired of it. panic is not a strategy. bottom line, buy high, sell low. has that worked? not in my years in wall street. this could be different. it could work. you never know. the weight of the evidence doesn't favor money being made with that particular investment style. that is if you can bother to call it a style at all a. jason in ohio, please. jason. >> caller: b-b-boo-yah! >> nice stuttering boo-yah to open the show. what's on your mind? >> caller: my company is rpm international. >> i know it well. >> caller: they boosted the dividend again as they have done year after year. it tooks like they came out ahead on earnings. what's your outlook for the future for them? >> i'll

as matt saw firsthand on her yacht at cannes two years ago. >> i'm on a 150-foot yacht called the lady joy and it's owned by new york philanthropist denise rich. >> but now she's put her new york apartment on the market for $65 million. 20 rooms with view and what a view. wraparound balconies overlooking central park. rich is among 1,800 americans last year who renounced their citizenship. a spokesman for rich says in order to be closer to her long time life partner as well as your family and loved ones, she made the decision to become solely an austrian citizen. new york senator chuck schumer sees a tax dodge. >> you certainly don't need to renounce your citizenship to be closer to your family. we all know the reason she's doing this and it's to avoid paying taxes. i found the people who renounce their american citizenship despicable. >> others say let them go and focus on broader tax reform. >> we're going to have wealthy people leaving the country because they don't want to pay taxes. don't let the door hit you on the way out. >> many thanks to andrea mitchell. should we be trying t

jimmy pethokoukis, this is the kissy huggy, louis cannes table. it's an antique table. what i want to know is what the hell's going to be on that antique table. >> i think what the president is trying to create is a -- you talk about the fiscal cliff. this is kind of like a tax hike straitjacket where he wants to raise tax rates and also get rid of tax breaks so the rich people can't wriggle out of those tax hikes by moving money or shifting it overseas or to different kinds of investments. that's what he wants. >> what's wrong with that? >> well, hikes, that's going to be bad for growth. that's why. >> tell me, jimmy, how is it you know more than the congressional budget office on this point? i mean, their analysts, non-partisan, they told us that the expiration of the top two tax cuts would shave .1% off the gdp. >> actually, what they said, it would knock off a quarter point on a static analysis basis from an economy growing about 1 1/2%. may grow 1% in the fourth quarter. >> 1/10 of 1%. >> the cbo does not understand supply side economics. but i've got to get out of

. >> you also have the issue with the french election coming up and will we get a left wing cann candidate elected there. hedge funds saying a france is a short at the moment. and you just sense this feeling in t he air of fear coming back. but i suspect 9the ecb will do whatever it has to do to keep the banking system out of crisis, but it may have to do quite a lot to really prove that point. >> and a lot of things still up in the air right now in europe and the u.s. thank you so much to matthew bishop. and that wraps it up for today's edition of "worldwide exchange" and for us for the week. i'm jackie deangelis here in the united states. >> i'm ross westgate in europe. "squawk box" up next. ♪ ♪ why do you whisper, green grass? ♪ [ all ] shh! ♪ why tell the trees what ain't so? ♪ [ male announcer ] dow solutions use vibration reduction technology to help reduce track noise so trains move quieter through urban areas all over the world. together, the elements of science and the human element can solve anything. [ all ] shh! [ male announcer ] solutionism. the new optimism. >>> po

tomorrow night might be his last best cannes. while no delegates are pleeld at stake, all three states offer senator and santorum to prove his argument. let's just get straight to the that question. is the next 24 hours, are they the most critical in your campaign as you try to bring in more money to prove your point? >> well, actually, we are bringing a lot more money. we've done very, very well over the last couple weeks. and our campaign feels great. as you saw, some national polls have us running ahead of the field in head to head match-ups against barack obama. one poll we're the only one that defeats barack obama. i think people are beginning to realize that the contrast between obama and romney is not going to work for us and that we need somebody who can make barack obama the issue in the campaign. not the irresponsible policies of our nominee. >> but do you need a win to problem the point i was on tv when we were counting the votes in nevada saying my patriots are going to win the super bowl. tonight i'm congratulating t

he saw it without the reaction of canne. that's brilliant. >> you were one of the biggest it girl of the "it" girl phenomenon. you can give us grim warnings. and then you went and had a family. your role doesn't mirror the lead role of the movie. you were massive and -- >> like george valentine in the film. >> he's slightly more epic. did it make you feel? >> i mean, certainly, yes, i could relate to it a bit. mainly it was that i -- you know, in our relationship, it's sort of a love that's died. and we're having a rift. and, you know, a young starlet comes along. so i could relate to the whole story, the beauty about this movie is that it's a simple, beautiful love story. and we've all had love and we've lost it and we've had success and we've had failure. so to me it's a story that i think everybody can relate to. and then the beauty is that love can bring us back and give us hope again. and people walk out of the theatre uplifted and feeling joyful. >> people actually cry at a silent film. >> the fact that you can feel so

he moved to cannes and a 1970 forest fire, his wife and four children were killed. this is a man of indomitable spirit. i asked him which movie changed his life. >> for me, i was really taken by the movie "dictator" by charlie chan. when i saw the movie, i saw the ideas behind it. but charlie chaplin, he knew what i lived two years later in the warsaw ghetto. how did he in 1938 i think he made the movie -- '39, he just saw what we lived through two years ago. if people had listened to charlie chap lip, we would have saved many millions of people. not only jews, but millions of other people who died during the second world war, because charlie chaplin told us. not the visionary, but he knew exactly what's going to happen. >> it's been an incredible privilege do the show and he said the secret of life is the power of hope. thank you, piers morgan. "ac 360" starts now. >>> thanks very much. good evening, everyone. it's 10:00 here in the east coast. we begin tonight with breaking news and a story that really has seen it all. john edwards, one-time presidential contender

he told reporters today at the cannes film festival he's retiring after his latest movie. he does his own stunts and says he's not young anymore and quitting action roles for those that let him be "a true actor." i don't know. do you see him as a romantic comedy kind of guy? >> "shakespeare in the park" you don't think so? >> maybe. i'd love to see it. >> all right. let's stay in the arts genre. a little boston accent. for today's moment, you may have missed rock legend bono in washington speaking on a summit on worldwide hunger. the lead singer seemed awfully fond of the man who introduced him. democratic senator patrick leahy. >> of senator leahy i would say prize fighter for the world's poor. a, one of sort of righteous voice, louder than any rock band, actually, that big voice. he's been to a few u2 shows, but i think at heart he's a dead head. >> a dead head, huh? leahy involved with maryland senator, and talking about foreign aid. rumors circulating on the blogs bono is the world's richest musician even more than the beatles is not true. bono explains in an interview

ten years, eventually, lung cannes ker risk cut by 50%. starts to approach baseline shortly after, meaning if you were a smoker but you quit smoking and not smoking for a long time, your chance of developing lung cancer can come back down to what the average person in the population has. >> what's the best way to try to quit? >> in addition to the fact that if you're an addict to nicotine to use patches and gum, they can be effective in terms of trying to curb your key sire for this. anxiety is often a large component of this, just the oral fixation with cigarettes. sometimes anti-anxiety counseling and anti-anxiety medications. those two things in combination with some sort of group support or somebody in your family or an advocate who sort of helps you keep on the program seems to help the best. it's tough. look, i don't want to sound preachy here because people who are chokers say i've tried hundreds of things. it's not like i don't want to quit. those three things in combination seem to be the most beneficial. >> before i let you go, d

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to give the opportunity for everybody in the state, if they have a religious obligation, to have a cannes to participate in this historic caucus after sundown, so they gave the opportunity to all the voters. so we'll see what the turnout is like starting at 7:00 p.m. >> and, jim, this year, twitter, google will be used. how will that work to get the results out? >> that's right. it's pretty historic. it's the first time twitter will be used in the history of elections to report the sults. we think the gop will act as a model for future elections to come. we thing it's the fastest most effective way to get the results out. google to get it out to the google maps and be visible. we encourage everybody to follow and to look at their site to get the results in real time. >> how has it been, jim, for you organizing this. some long days? >> it's been long days, but it's las vegas. it's really hard to sleep her anyway. so it's great location for it. >> you're right. the city that never sleeps. finally, president obama won nevada by 12% in 2008. how are things looking for republicans this time ar

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susan cann susan candiotti, cnn new york. >>> and he did it felix baumgartner landed on his feet after his record break jump from space. we'll have more on his accomplishments at the top of the hour. [ music playing, children laughing ] [ slap! slap! slap! ] [ music, laughter stop ] [ male announcer ] when your favorite foods fight you, fight back fast with tums smoothies. so fast and smooth, you'll forget you had heartburn. ♪ tum tum tum tum tums [ male announcer ] tums smoothies. wouldn't it be nice if there was an easier, less-expensive option than using a traditional lawyer? well, legalzoom came up with a better way. we took the best of the old and combined it with modern technology. together you get quality services on your terms, with total customer support. legalzoom documents have been accepted in all 50 states, and they're backed by a 100% satisfaction guarantee. so go to legalzoom.com today and see for yourself. it's law that just makes sense. [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of

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he's taking a pot shot at not only the president, which we all expect, but also at the other cann candidates. does this mean the end of mr. nice guy? >> it has to if he wants to stay in the race. the fact of the matter is, he never defended himself over the past couple weeks. we saw millions of dollars in television ads that went after his character. it assassinated him down. at this point if he wants to stay in, he has to appear like a fighter. his statesmanship helped get him to this point. remember back in june, his campaign was over. he decided to be the statesman. he was on the 12-plus nationally televised debates because of the way he came across and said he was united for the republican party, that helped him get where he was by the middle of december. however, the television advertising took him out. if he wants to be viable again, he'd better go after romney and santorum. >> if we could bring john avlon in. romney eked by. is this really a victory? john, what does this really mean? >> it's a really great and important question because people are using the phrase "virtual tie." let's

susan canne candioti. it's incredible when we hear the stories now. you have lines stretching for miles at some of these stations. you have some folks that have just absolutely have h it, and now there's a story about a driver in new york arrested after allegedly pulling out a gun on another driver. tell us what happened. >> reporter: suzanne, it's remarkable. that's right. that happened in queens, new york. police arrested a man who allegedly cut line in the gas line and pulled a gun on a customer who challenged him about cutting into the line. that's when police moved in and arrested this guy. you have to imagine there are occasional dust-ups that we have seen, short tempers in these very long lines. both yesterday and today. people get frustrated, but overall, i have noticed the people that we have seen anyway being remarkably cool. we're talking about people who are stuck in their car for four hours at a time. sometimes the lines going back two miles. we just arrived on the scene of another location. a gas station in new jersey. the line is back f

. >> everybody's trying to do the best they cann not to have the best election but to screw the opposition. >> reporter: it started with early voting reduced by the state legislature from 14 to eight days. republican governor rick scott refuse today appeal to extend it, something his republican predecessors jeb bush and charlie christ did. was it political? >> i want everybody to get involved in campaigns. i want everybody to go out and vote. 4.4 million people have gotten to vote in our state before election day. >> reporter: at the end of the day more than 8 million floridians did vote. we can't say exactly how many because, well, they're still counting. and you know it may be a few days yet before all the provisional ballots and absentee ballots are counted in the state. could be the end of the week before we really have an answer on who won florida. you know, wolf, there were projections that 9 million floridians would vote. it didn't get near that. just over 8 million. it makes you wonder how many people either walked away frtd long lines or just didn't bother to show up knowing how l

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he became a very successful businessman and moved them to cannes and in a forest fire his wife and children were killed. he has indomitable spirit. i asked him which movie changed his life. >> for me, i was really taken by the movie "dictator" by charlie chaplin. when i saw the movie, i'm not talking about the quality of the movie and the ideas behind it. but that man, charlie chaplin, he knew what i lived in the warsaw ghetto. how did he, in 1938 i think he made the movie, '39, he saw what we were going to live two years later. and i think at that time, if people had listened to charlie chaplin's precursory ideas, it would have saved millions people who died in the second world war. because charlie chaplin told us -- he knew exactly what was going to happen. >> it's been an incredible privilege to do the show. the last thing he said to me was the secret of life is the power of hope. thank you, piers morgan. >> i am piers morgan. >> i'm brooke baldwin. we are perched by the tower bridge as we are watching history unfolding. this is the largest flotilla of its kind

. >> when they were in cannes they were doing a publicity thing and angelina jolie didn't want to get on some kind of ride or whatever, and he said, baby, you want to be on another blockbuster, get your butt on that boat and go with it. he was trying to explain to her look, big movie, this is what we do. >> this is how it works. >>> still ahead on "starting point" -- >> she'll take his -- >> shh! i can see how this morning is going to go. people who have allergies stay with me. million-dollar tropical retreat, that's where they're going in hawaii, judges of the ninth circu circuit, taxpayers will be paying for it. why senator grassley is so mad about that. >>> a major party foul, 50,000 pounds of beer wasted. [ male announcer ] when a major hospital wanted to provide better employee benefits while balancing the company's bottom line, their very first word was... [ to the tune of "lullaby and good night" ] ♪ af-lac ♪ aflac [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. [ yawning sound ] like a squirrel stashes nuts, you may be muddling

look almost like a sundance or the cannes film festival and it is more about the future more so than the moment. it has an incredible reputation that it built up over the last five years, outside of texas. a lot of hipsters have always known south by southwest but people outside of the main stream -- like i remember when my mother learned about the sundance film festival in '94 or something like that. now my mother asks about questions are you going to the south by southwest or something like that. it is culturally relevant beyond the hipsters itself. it has built itself nicely and not by limiting one thing. i started with with music and they branched in to film and now if you are involved in web design or multimedia, there's a place for you here, as welt. it is like the san diego comic con of film, music and on-line community. >> there are going to be a million bands descending upon austin in a short period of time and they will be playing in the streets and venues and they will be playing anywhere where they can get somebody to listen. ♪ it's the tastiest, the sweetest, the fresh

i couldn't do an interview in cannes. he wanted me to do an interview for the movie he is making, and i think he got angry with me. >> clearly he did. >> but, you know, one thing that i did, i refused to talk to him or do anything until he apologized. so he came over and gave me a written apology at a fundraiser, at a charity event he was doing. he is a good guy. he loses his temper all the time. but trust me, i know what losing my temper is like. >> really? we've heard about that a little. >> i'm good at that too. >> welllet's talk about fundrai. and it's not cheap. we cobbled together $8. it's $35,000 a plate. how much money are you expecting to fund raise for obama? >> $2 million. and it's just in the early stages. and it's funny. you watch some of the people, you know, for the republicans, for mitt romney, write checks for, you know, one of these -- the koch brothers that i think will raise $400 million. we are so come from behind compared to these incredibly wealthy people who are doing it. but if you really -- >> sa

he moved to cannes and a 1970 forest fire, his wife and four children were killed. this is a man of indomitable spirit. i asked him which movie changed his life. >> for me, i was really taken by the movie "dictator" by charlie chan. when i saw the movie, i saw the ideas behind it. but charlie chaplin, he knew what i lived two years later in the warsaw ghetto. how did he in 1938 i think he made the movie -- '39, he just saw what we lived through two years ago. if people had listened to charlie chap lip, we would have saved many millions of people. not only jews, but millions of h

other games made good headlines by being allegedly bad, among them charlie sheen, dominique strauss cannes and the always photogenic lindsay lohan. a lot of crafty new shows hit tv in 2011. >> i like to make an entrance. >> "pan am." "terra nova." "homeland." and "new girl." just to name a few. but an old favorite is our pick for best pure fun, this year's installment of "dancing with the stars." >> when you spend seven weeks with nancy grace in a dance studio, you learn a lot. some things you wish you had never learned quite honestly. have i seen the twins and i've seen where they came from. >> j.r. martinez and his partner car karina smirnoff. >> j.r. martinez, wounded in iraq, he showed everyone was it meant to come back and compete like a clam -- champion. >> oh, he just commits. he does it no matter what. he does it. >> best new show that you're not watching but you ought to "boss." if frazier were tony soprano and became mayor of chicago, it would be something like this. >> don't get ahead of yourself. i'd strongly advise against it. >> other favorites -- >> i always make time for "t

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. >> let me just finish, i may, finish this thought -- you cann as a presidential candidate, lpreach big, big tax cuts, mostly to the wealthy at the same time you are adopting presumably a ryan budget plan that lops off huge programs that a lot of the middle class and the poor depend on, and say i don't know how i'm going to pay for it, those huge tax cuts. i don't know. i just don't know. we're going leave it up to congress. that's the height of irresponsibility in a presidential campaign, where the budget deficit is critical. >> ari? >> i think if that was the case, why didn't the president come out with his proposal so we could ever get a balanced budget? the romney budget actually is specific to the point. we know it does come into balance. he did it, one, he's willing to block grant medicaid. he's been very specific about that. two, he said he will means test benefit programs for senior citizens who are wealthy. he's been specific about that. we don't hear any of that from the president. i think that's going to get fleshed out in the course of the debate. but the bigger point he

he became a very successful businessman and moved them to cannes and in a forest fire his wife and children were killed. he has indomitable spirit. i asked him which movie changed his life. >> for me, i was really taken by the movie "dictator" by charlie chaplin. when i saw the movie, i'm not talking about the quality of the movie and the ideas behind it. but that man, charlie chaplin, he knew what i lived in the warsaw ghetto. how did he, in 1938 i think he made the movie, '39, he saw what we were going to live two years later. and i think at that time, if people had listened to charlie

he moved to cannes and a 1970 forest fire, his wife and four children were killed. this is a man of indomitable spirit. i asked him which movie changed his life. >> for me, i was really taken by the movie "dictator" by charlie chan. when i saw the movie, i saw the ideas behind it. but charlie chaplin, he knew what i lived two years later in the warsaw ghetto. how

they have been advised that, by their airlines, all flight operations have been cannes selled for monday, october 26th, directly from the statement i'm reading now. this is is a dangerous -- october 29th, excuse me. this is a dangerous storm and safe city our main concern. we and the airlines will be monitoring, assessing the situation throughout the day, tomorrow, to determine when flight activity can resume and we ask individuals not to come to the airport and strongly urge all travelers to contact their air lines for flight status then give a toll free number. it is 1-800-phl-gate. 1-800-phl-gate. philadelphia international airport telling people not to show up at the airport tomorrow. call your carrier now, check your flight status and see if you can make some other arrangements to get to where you're going or be prepared to sit tight that is the unfortunate information, more to tell you about, the state of emergency declared as well for new jersey and new york, as we said. new jersey governor chris christie the first to announce mandatory evacuations and state offices have been clos