Transcripts For ALJAZAM News 20131108 : vimarsana.com

ALJAZAM News November 8, 2013

32. The bill is passed. Reporter legislation to add Workplace Discrimination against that community of american sails through the u. S. Senate but the equal rights bill is not going anywhere in the u. S. House. We will explain. Big money twitter stock goes public for the first time attracting billions of dollars from investors, but when will the social media website, which has never made a dime, provide a return. And a typhoon bearing down on 2 Million People and the storm is larger more than hurricane katrina. And millions of filipin filipinoamericans are praying for family and friends in danger. We begin with the u. S. Government new war on transfat, an ingredient in some of the food that many of us eat. Transfat is added is to Vegetable Oil to maintain food freshness and taste. It raises bad cholesterol levels and can clog arteries and cause heart disease. They will require the Food Industry to phase it out. There will be 60 days of Public Comment and then the fda will announce when the ban will go into affect. Several counties across the country have already banned transfat. Baked goods, and some breakfast foods, mark snyder is in dallas with reaction in todays announcement. Lunchtime in Downtown Dallas and the food trucks are swamped. Here you can make healthy or not so healthy choices. Aretha johnson goes for healthy, but she said avoiding trans fats is her choice, and that choice should remain. Its a waste of time. Its a waste of time, waste of government money. Its a personal choice. Reporter trans fats extend shelf like in foods like frozen pizza, cookie doe and microwave popcorn. Many communities across the country has already banned transfats and many food make verse dropped them. Now the food and Drug Administration said its time to phase them out nationwide. The fda calls this a lifesaving proposition. Estimating the new rules would prevent 20,000 heart attacks a year and 7,000 death as year from heart disease. Scientists say trans fats are the worst kind of fat for your heart. They can increase bad cholesterol, raising your risk of heart disease. Registered dietitian doesnt see that its bad at all. These trans fats can be replaced with other things. These products are not going away. Theyre still there. The cheettoes and free toes, and the packaged deserts are still there. Theyre still adding chemicals that are recognized as safe for us. Trans fats are bad but felt that there had to be better ways for new regulation to get them out of our diets. Companies will stop using trans fats as a natural result of people not buying products with trans fats. The fda has not set a timetable for the transfat phase out. Seven years ago new york city became the first city in the United States to ban transfats. Mayor Michael Bloomberg realized this statement laurel, which of the tastiest foods. Will the cookies be effected first . It will be the cookies, oreos, chips ahoys anything that sits on the shelf for a long time amazingly still has transa fat in it. People need to look on the label to see if it has partially hydrogenated oil. I was under the impression everyone was taking it out, and recently i picked up some oreos and some other cookies, and i saw that there is actually two grams or one and a half grams of transfat in some of these cookies. I was going to say for most of these products are there replacement brands that dont have transfat . Different brands that dont have transfat . Is that what youre asking . Yes, if someone wants oreo cookies but you dont want the transfat. Yes, there are companies that are offering different types of oil such as palm oil, that are not hydrogenated, and some are adding ow omega 3 oils, which ae very beneficial. Some are saying enough. If the cookies taste good we want to eat it, how dangerous is transfat for people . I think if the fda is not considering safewe know that the fda considers almost everything safe, if theyre retracting that and saying this is not safe americans need to go with this and know its in our best interest. Why should we add something that is completely not necessary. If you taste one of the chocolate cream cookies that dont have oreos in them. Theyre delicious, they taste just as good. Why cause heart disease, causation. Our kids dont need this, neither do adults. Are they already adjusting . I dont think that it will make a huge impact. Will it cost them money to reformulate a recipe . Yes, but at the end of the day there are a lot of Fast Food Companies that have already taken out their trans fats, and a lot of companies that weve mentioned already created new cookies but dont have transfat in them. The ban is not going to start immediately. There is a 60day Comment Period where anyone can go and register their comments. At that point the fda will decide this is how long were going give companies to ban this stuff. Right, again, people can make these comments. At the end of the day new york city has done a really great job with this, and we also have to make sure that once the fda does ban this, that someone is following up to make sure that the companies have truly taken out the partially hydrogenated oils. Read the label, make sure it doesnt have partially hydrogenated oil because the product can say its transfat free, but it can contain partially hydrogenated oil, which is transfat. So we definitely want to make sure that youre reading ingredients and avoiding that. Registered dietitian here in new york. Thank you for being on the program. We appreciate it. Thank you. A survey by Pew Research Center shows how divided americans are over the transfat. The study conducted over the last week show that 44 of americans favor prohibiting restaurant were using trans fats in foods while 52 of americans oppose the idea. Speaking of health, president obama has now apologized to americans who are losing their Health Insurance plans as a result of the Affordable Care act. Before president obama said that people would be able to keep their plans if they liked them, but now the plans must reach certain standards and Many Americans have received notices that their plans have been canceled. With well, more than a month after the disastrous rol roll on healthcare. Gov , president obama is now issuing a personal apology for all the problems on the website. He told nbc news that he regrets that many people are losing their insurance even though he said repeatedly leading up to the vote and in the three and a half years before the bill was signed that if you have insurance, you can keep it. I am sorry that they are finding themselves in this situation based on assurances that they got from me. Weve got to work hard to make sure that they know we hear them, and that were going to do everything that we can to deal with folks who find themselves in a tough position as a consequence of this. One of the Big Questions that remains now will the marc march 31st deadline you have to have insurance by that time or you will face a fine. Will that be extended because of all the problems on the website. The administration said repeatedly that they expect the website to be fixed by the end of this month. A democrat in the senate joined by republican mark kirk has introduced legislation to push back march 31st deadline. But the president hosted 16 Senate Democrats all of them up for reelection next year. Many of them vulnerable. Many of them facing a backlash at home because of problems with the website. He was asked in that meeting will you push back the deadline . The answer simply, no. Mike viqueira reporting for us tonight from the white house. It is the most highly anticipated tech launch sinc, tr joined wall street. Twtwitter listed as twtr among wouldnt popular users at the beginning bell. Twitters highly anticipated debut, its stock searched 73 from its initial public offering. For more we turn now to real moneys ali velshi. Reporter david, im exhausted with all the references to the 73 gain in twitter stalk. Find me someone who was able to buy the stock at 26. Most people are not Institutional Investor. If youre not a high roller or Institutional Investor you bought it at the market price. That meant many institutional high rollers who got a piece of the ipo dumped it on you and scored a sweet gain of 73 . That means your loss was. 5 since the stock closed lower at 4 44. 90. This is not a commentary on twitter. Its not. This is a commo common tear on. Twitter has millions of active users but losses in the first nine months of this year, and one analyst has already downgraded the stock. A guy name brian wiser of profittal research said to justify a price of 45 a share activity would need to generate 6 billion in annual revenue b by 2018. This years revenue is expected to be a tenth of that. The question is whether twitter is the exception to pretty much every rule of investing or whether its a sign of a tech public. The s p 500 jumped 24 for the year, the nasdaq is up 28 and there have been onfire ipos, regardless it seems that hashtag fomo the fear of missing out trumps many things in peoples investment decisions. Ali velshi, aj real money, awesome. We want to bring you uptodate what is shaping up the most powerful storm of the year. Rebecca stevenson is joining us with the latest, rebecca . Reporter this is one of the strongest storms weve had in the last 50 years. This powerful typhoon weve been seeing it develop over water and this is over water that weve got winds up to 190 mph. This is one of the strongest that weve had in a long time. Just this year alone the pacific has had 30 storms. Eight of these have been typhoons. Now of these storms five have made landfall on the philippines and you can see here several of them focus in the same area that were getting high on tonight. Now, as you can see on the satellite picture it is advancing, making landfall, and it has now made landfall. We expect the gusts inland. Well still have potentially at 200 mph. But most of the sustained wind as the storm tracks gradually across the area. Well have winds sustained to 100 mph. This is devastating. Catastrophic, and we have a very Large Population in the philippine island here. As you look closely you can see the eye of this storm. This is where the intense winds exist. And as you get farther away from the eye, the winds are not quite as strong. But then the other part of this is storm surge and the amount of rain that were getting, four to six inches are the totals we expect to look at after the storm is back in the south china sea. But the storm bringing anywhere from one to three inches in an hour. Again, a very wet windy dangerous storm, and we will be looking closely to hear from anyone after it passes. David . Were being told that the size of the storm is almost 500 miles which would put it larger than hurricane katrina. There have been wind gusts of over 225 mph. I know some folks in the Weather Department suggested maybe this could not be accurate because these numbers are so far off the charts. Well, we dont have Hurricane Hunters to fly through these types of storms. So certainly we have to use the tools that we have, which is satellite data. Utilizing our satellite theyll get the data from the storm based on various features they have, and it will tell us approximate amounts of wind and rain and how strong these storms actually are. Rebecca stevenson, rebecca, thank you very much. Well keep everyone posted on this devastating storm. The headline is that the storm has now made landfall in the philippines. Some 200,000 people stand in the way, and again this is a group of the philippines that got pummeled just a few weeks ago by an earthquake. Well keep you uptodate on all of these developments as we get information and we have our reporters on the phone from the philippines. Coming up the. [ senate voted to ban discrimination in the workplace. And well talk to someone who hopes the bill does not make it into law. At t has been giving its global phone records from the c. I. A. And making money from them. Details ahead. Determining using some sort of subjective interpretation of their policy as to whether or not your particular report was actually abusive, because if it doesnt contain language that specifically threatens you directly or is targeted towards you specifically, they may not consider it abuse. They may consider it offensive. And in that case they just recommend that you block that person. I dont want to minimise this, because i mean, theres some really horrible things that are on line, and its not its not just twitter, what has happened through social media and the anonymity of the net is that you see websites, hatefilled websites targetting all sorts of groups, popping up. There has been a huge number of those that exist as well. Firefired from her job becauf her sexuality. After six years of coaching soccer lisa found herself without a job after she revealed she was a lesbian and expecting a child with her partner. I remember feeling like you would when there is a death in the family, like being sad but being angry or being bitter. Howell had a winning record in nashville and was loved by players but she suddenly left the university in 2010 after telling its leaders about her Sexual Orientation. I was definitely fearful of that was my career. I grew up in college coaching. They are story led to National Attention and a series of protests the school said there was a mutual agreement for howe to extend down. Then after weeks of criticism the university added is it Sexual Orientation in the policy. It was a major step forward. You have lgbt workers who are hubs, wives, parents, and they have families who depend on them to support them. To be able to just be evaluated based only on talent and work ethic is important for any american. Reporter howe now works at nashvilles lgbt chamber of commerce. She hears from people who feel they have lost their jobs because of their Sexual Orientation. The senate had held off particularly with an Election Year coming up. Joining us from california. Jason, thanks for being on the program. We appreciate it. Thank you. Youre welcome. And michael eaves is here with sports, and one of the biggest nights in college football. And early normally on a saturday. But this is on a this is on a thursday. Bcs standings could be affected with it was games as number three oregon visits fifth ranked standard forstanford and baylorg oklahoma. Nfl, Chicago Bears quarterback jay cutler is expected to start sundays game against the lions after he was cleared to take over practice today. Originally the team expected him to miss four weeks due to that injury. In soccer fifa president set remember iranian women in to watch soccer matches. Theyre not allowed to watch soccer but theyre allowed to watch volleyball and baske bask. Were learning more about the hazing scandal and were finding it to be a bigger issue than we first believed. The florida Supreme Court, we take a look at this unusual case and the implication of parents across the nation. And this was day one from twitter, what 140 characters is worth on wall street. Welcome back to Al Jazeera America. Im David Shuster in new york. Here are some of the top stories were following right now. President obama apologized today to the millions of americans who are losing their current insurance plans because those plans dont meet minimum requirements mandated by the Affordable Care act. The president has been saying for years if people like their plans they can keep them. Today in an interfere he said the administration it is looking for ways people must now shop around and might have to pay more. The u. S. Food and Drug Administration is proposing measures to ban artificial trans fats. And have been blamed for increasing the risk of heart disease. The fats are still found in many processed foods. Hitting the philippines. One of the most powerful storms ever reported. Ordering evacuations and closing schools, but u. S. Navy which has been watching the storms with wind gust versus topped 235 mph. Twitter started selling shares to investors who liked what they saw. They priced the shares at 26 but by the end of trading today the stock was selling at nearly 45. We have a stock strategy and joins us from dallas. Why is twitter any different than facebook which many investors discovered the hard way. Its a completely different animal. One of the reasons why im surprised the stocks, remember when facebook came out Morgan Stanley had to step in and buy shares like crazy. Twitter didnt need that. The key to twitter, the reason why its holding up here is people is viewing twitter as a potential acquisition target. Google is its own stand alone yahoo. Activitier is better as a part of those bigger companies. I think thats part of the desire why the shares are so high today. The opportunity to put ads right there. Yeah, i think thats the main reason. Obviously what advertisers are looking for are the demographic of the person understanding what theyre thinking at that very moment and selling them in advertisement at that moment. You know, the thing that im concerned with activitier is critical mass. What are they going to be able to do to get more users and those users who are engaged how are they going to be able to monday advertise them. Thats a question that still remains unanswered. Twitter continues to essentially lose money. How many years when investors will see a return on their investment and see that this is a company in the black . With a very tough call. I was running the numbers. Think about this for just a second. Twitter is worth as all state, corning, discovery, netflix, its worth as much as yahoo, and the company did lose 134 million. I think its going to be three to our years at least before this company gets in the black unless there is a major propellant. I think were three years out from profitability. What is the greatest risk that twitter stock

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