Transcripts For FBC MONEY With Melissa Francis 20140501 : vi

FBC MONEY With Melissa Francis May 1, 2014

Its april jobs report. Lets bring in our very own Charlie Gasparino and Veronica Dagher of the wall street journal well whip through a bunch of topics. Start with the jobless numbers. When do you expect for tomorrow . Market is nervous, down 47 points. What do you want . Well see where the job numbers end up. If they are better than expected, people will be looking at the fed, saying what does this mean down the road for your Interest Rate policy . Are we going to see tightening sooner . I also think that the gdp number was terrible yesterday. Anybody who is trying to make a good case for the government, april is better. April is better. The jobs number has to be better in order for that to be true. I dont predict things based on any sort of prior numbers. It is very hard to game the unemployment numbers. Right. People have been wrong about this a lot. I think what is pretty clear ask that this is very slow moving economic recovery. This may be the slowest ever. Not only, that the fed will not really going to taper. We put the two together, you buy the, buy the market. Hard to say that. Melissa a match made in tv heaven. Wall street journal is reporting that at t has approached directv about a possible acquisition. This piling on some reporting that you did . Weve been talking listen, once you allow comcast to basically merge with time warner, which you know, brian roberts, who i kind of like, given so much money to the Obama Administration i cant imagine they will say no to this thing. Once you establish that as bottom line, then it is open season. What weve been reporting on fox business is game over here. There will be a lot of merger activity. Melissa out of nowhere Jonas Max Ferris appeared on the set. That was like magic where did you come from . Poof. Melissa poof do you need to catch your breath for a second or try to comment on at t and directv . I dont understand why theyre buying a company that will not help deliver higher and higher Speed Internet and directv has no way to deliver that theyre great for tv. The minute i can get 50, 100 megabit per second tv that will be end of it. Melissa take another deep breath. These companies can not just thrive envoys or video. You need to do both. You need a way to combine both. Interesting to see what dish can do. They will look someone to partner up. Talked about it. Mobile. Melissa next topic, this one is my favorite. Why i was racing to get here, the west coast running into a little car trouble. San Francisco Tesla owners finding bizarre warning flyers on their cars. In seattle, uberdrivers targeted and detained by protesters. Let me start with the tesla thing. These are flyers all over these cars. They say things, by driving tesla youre involved in organized crime. You are supporting war, if you drive a tesla. I wasnt able to piece that one together. Tesla drivers have higher than average inclination toward drugs. I think that is supposed to be insult. Im not sure. Obviously dont know any of the people i grew up with. Melissa this is all about, San Francisco i tell you, this is the epicenter of the war between the 99 and 1 . This is. My friend tony who i brought in the offices doesnt even know how to spell tesla. Melissa i dont know how that is related but i still enjoyed it. Go ahead, jonas. You look like you caught your breath. This is troubling development. You can claim rightwing conspiracy. I see this act at this technology, that unabomber guy. Part about the weird sex tesla owners are having. Melissa i did not see that part of the note. Where did that they they say they have weird sex . That threat letter says tesla owners do a certain essential act. Melissa was it more specific . Would you care to be more specific. Im sort of in the dark over here. I dont understand the antitesla thing because it is the most american car cap there is. Theyre going to make batteries, only thing from japan. They will try to do that here. Other Auto Companies got bailouts. We lost 10, 11 billion on gm. This company paid back with interest. This is american success story. Environmentalists. I think youre right about the Unabomber Melissa i dont think so. Tesla is symbol like the google bus, of the rich techies who are full of themselves and taking over San Francisco and the bay area in general and i think there is a flashpoint going on between the 99 and 1 . I think they see tesla owners. Why . Because it is so expensive. Yeah. It is 100 something thousand dollar car. Anyone who is anyone out there wants to show off with tesla. Only George Clooney got rid of his because it didnt run. Everyone else has that. It is middle of menlo park. It is a huge showroom. It is symbol of the tech car out there and folks are mad. Except for all the people forced out San Francisco because you have to earn 672,000 a year to afford a one bedroom literally. I asked Financial Advisors . What is the new status symbol . What dot wealthy show off . All of them say tesla. Because you need another car to really drive anywhere. My third car is 80 grand. Melissa how about uber . Theyre tracking down uberdrivers and trying to detain them who is they . Taxi drivers. Melissa no, its a group. Dirty old taxi cars they Smoke Cigarettes and treat you like garbage, those are bad for business. Melissa this is really happening. This is really scary. This is america. Groups are supposedly stopping car owners, people using uberin the middle. Street and harassing them. Like, this is an infringement on peoples freedom. This is real issue. Melissa all right. Moving on to the next one. Feel free to give me time cue. President obama throwing down gauntlet to lawmakers blocking minimum wage increase urging voters to remove them from office come november. What do you think . I think his Approval Rating will go down even more. Melissa yeah . Listen, most, i dont see the country being gal vannized by minimum wage right now. I dont see it. I dont see politics here. Populist issue. What people want to hear is job creation. How will they get jobs . So many people still out of work. So many people still underemployed. This is what we need to be talking about. Disagree. All the millions of people buying at that capital book, i liked it first time karl marx book. Those people dont care about job creation. They think, right or wrong by wired d. O. E. French economist. Very popular popular with liberal rich elites. I dont see the man on the street Walking Around with thomas what every his name is. Construction worker on the launch break. Melissa dreamworks ceo jeffrey katzenberg, determined by size of screen. 15 bucks if go into theater. Eight bucks if you watch it on the big screen at home, to 1. 99 looking on your phone. Do you think this is where were going . Do you care . Do you watch movies . Do you watch anything on this thing . I watch myself. That is free. [laughter] melissa dont want to go anywhere near that. This will not get past theater owners. Melissa no . I dont think so. They put too many obstacles in way of studio. Not to mention, i dont know how the consumer would react to this, no matter what theater, no matter what time you pay 15 . That is lot of money. Melissa 15, because i live in manhattan i feel like this is way already is. Only difference i buy it once on itunes and watch it everywhere on our i pads, little phones in the house. I will have to be mad if i pay separately every time i watch it. I dont know were going do that. Jonas, you get points off not being here at the top. Whatever. Smashing through the Glass Ceiling well show you what is really holding back women in the office. The attitude tearing down those walls. Think 1500 price tag for google glass is too much . This wont make you feel any better. Were tearing apart the future of the headset to tell you how much it actually costs to make. Theres a new way to buy a car. Its called truecar. And truecar users. Save time and money. So when youre. Ready to buy a car, make sure you. Never overpay. Visit truecar. Com today. Melissa women made up 3 of ceos and a bold book says it is lack of swagger that holds them back. We have the anchor of the bbc world news america. Of also with us, my personal feminist hero, charlie was. Charlie gasparino. The princeton mom. No, it is actually charlie. Susan patton. Thanks for joining us. Explain the principle behind this. You think women lack confidence . That is what is holding them back . It is interesting, when we were writing our last book about value of women in the workforce, we interviewed senior women, kept coming across expressions, im lucky to be where i am. Im in the right place at right time or i dont really deserve the promotion ive been given. We never hear expressions from men. Is there a gap in confidence between men and women and numbers back it up. Hewlettpackard has run them. Women will apply for a promotion when they have 100 the skills required for the job. Men, are happy with 60 of the skills required. They figure they will learn the rest when they get there. Columbia university, men overestimate their abilities by some 30 . So there are numbers behind what i think a lot of women feel when they go to the office. Susan, what do you think . I dont really see that i wonder whether there is distinction between made between modesty. Melissa i was thinking grace of the in those comments. But makes a point numbers in terms when feel women feel comfortable asking for how large a sample are we talking about . Hewlettpackard did the survey of their whole company. Columbia university was holding an academic study on Women Holding themselves back. Another study by psychology professor at milan university. He put men and women down in front of a spacial test. The women did worst than the men. When he looked at numbers because they werent answering all the questions. When they answered the questions they did just as well as the men. That is what kind of worried us about this gap in selfassurance is that women are holding themselves back. There are at love things women cant change. This is something they can. Melissa are you i think i will be fired after this segment. Melissa no. I agree with a lot of what she says from ive not done the melissa youre not a woman but. Im not a woman. Im married to one. I know a lot of women in the work place. Some of this, lets be honest some of this is matter of testosterone. Lets be honest here. Men are naturally, men are naturally aggressive. Melissa testosterone makes you confident . It does. It makings moring a gross system im the most modest person in this room right now im sure. But melissa most modest [laughter] but im extremely aggressive. I tell you, women, now some of that is good though. Being, be a bull in china shop is sometimes is not the way to go. That is the draw back then have in the work place. That is a draw back a lot of women dont have. Melissa i feel like i never have problem being aggressive on the show. You dont think testosterone doesnt have impact . Do you think it . Testosterone is equated with risktaking. Yeah. We know that right . Risktake something one of the Building Blocks of confidence of the if youre not prepared to take risks, and fail and try things that are a little bit hard and go outside the comfort zone it is very hard to build confidence. Men have inbuilt advantage. I have funny anecdote. Same sex sexual harrassment suit at sac capital, steve cohens firm. One of the traders said his senior trader made him take female hormones to make him a better trader. More sensitive we should point out this case was thrown out of court. But, that was the premise. Melissa susan, you want to try to follow on that in any way . [laughter] just going to dump right in your lap. Say anything. I think im more after feminist than charlie. I will start with that. Beyond that, i dont see that women are lacking confidence, women that im dealing with, certainly not, certainly not at this platform today. The women that i work with professionally, the women i went to school with, women i know, my gosh theyre as confident, sort of nice way of saying is else. Melissa i agree i look at women look marisa mayer, mary barra, kelly other women at this network. That is your own sample size they happen to be around you. They happen to be aggressive or push their way to this profession or my class at harvard. You left out my classmate, meg whitman. This place wants that in a way. Melissa it is selfselecting. Fox promotes that type of atmosphere. I dont know that Corporate America us does. Melissa congratulations on your book. You sparked quite a few conversations. We want you to take our confidence quiz. We have one up on the website. 40,000 people taken it in 2 1 2 weeks. Want to get results. Melissa i will do it right afterwards. From u. S. To every corner of the globe, money is sliding around the world today, starting in tunisia where the force is going strong. The country hopes to pull in tour riffs by promoting connection to star wars movies. The government there has teamed up with the countrys Star Wars Fan Club and together they have been staging events, screening and trips out into the desert where lots of the movie was filmed. Over to the u. K. Where Elvis Presley fans are getting all shook up with the latest tour. This time it is his tooth making across the country. One of his dental crowns was bought by obsessed collector of all things dentistry for 11,000. Can you imagine, 11,000. Elvis lookalikes are escorting it to various towns to raise money for charity obviously. Landing in egypt where king tuts too many tomb replicated with help of 3d printing. It was in such bad disrepair they demand ad copy to for thousands. It will be recreated with printer. Apparently the tomb is so accurate, some egyptologists burst into tears upon entering. It is that emotional World Health Organization is telling everyone to listen up. Many of the globes once deadly diseases could be on verge of a come back, the reason your antibiotics, i need some, they are less and less effective while viruses get stronger. Buy this guy a dinner. How a star quarterback got suspended from baseball for scandal increasingly known as crabgate. Do you ever have too much money . Melissa investors giving a top rating to yelps stock. Shares soaring after earnings report. Nicole petallides at new york stock exchange. With more on that one. Got to love the chart. Its a beautiful one today, if youre a shareholder youre happy to see a jump youre seeing for yelp today, up about 10 as we speak at 64. 14. They came out with revenue pop of 66 . Part of that at least was due to local advertising. They also saw unique visitors growing more than 50 . So that was huge for them to about 61 million in the latest quarter. And they are expanding what they do from now to restaurant bookings, Events Management and payments. Also, moving on and buying a San Franciscobased online reservation. That will compete with open table. Seat me. Yelp is not just review website anymore. Seems theyre expanding platform and analysts love it too. Melissa nicole petallides, thank you so much. There was a big problem in medicine antibiotics happening right now. In the World Health Organization has made statements that antibiotics we are using are becoming less effective. Joining to us give us insight, very own fox news senor managing editor for health news, dr. Manny. Everyone is talking and it is really scary. Antibiotics are not working any longer. We used and abused them. We overused them. Were done. Melissa are we being overly dramatic . No. Five years ago we were saying were losing war on super bugs. We lost it basically. Melissa so are we all going to die . It is not about that. Look, 90,000 people died of resistant bugs in america today, probably more around the world. Just no reporting to it. Melissa 90,000 when, in the last year . Yeah, a year. 90,000 people die of acquired hospital infections not treatable by antibiotics. For instance in england, form gonorrhea. There is no antibiotic forgone rea. One of those diseases you thought we had killed with penicillin. Bugs are becoming very smart. Front page of new york times, on tuesday, nine cases of flesheating fungi found in Childrens Hospital in new orleans. The question is melissa these are coming from hospitals . Hospitals where youre harboring a lot of bacteria that is resistant to a lost antibiotics of the types of bacteria that were talking about, not bacterias you need to find dictionary to know what they are. These are bacteria common for urinary Tract Infections and pneumonia and things of that sort. Bigticket items already transformed themselves not to be killed by antibiotics. Now there is new wave of antibiotics must come on to line. These are researchers melissa along those lines. Yeah. Melissa we have other killer diseases that are resurfacing. Merz. Ebola is back. Ebola never went away. The question about ebola, we report it in the news, you die 100 of the time but get ebola but you but it is contained to the continent of africa. There have been 77 cases. Issue with ebola you can only get it if you eat bat meat or melissa no danger of that. Or certain animals in the forest. Or if you are becoming into contact with bodily fluids from somebody who is infected. So that is, this is a type of disease melissa how how about merz . This is similar to sars. It is pneumonia type infection. 300 cases still contained to the gulf states. It is reported in turkey. Right now it is pretty wellmonitored. If it doesnt mutate it will be okay f it does mutate it would be like sars. Melissa what do i do . Stay in my house . Stay under cover . Hide in my shower . No, listen. I was with the head of the cdc on tuesday and we had this doom and gloom conference but at end of the day new technology is amazing picking up new diseases. More transparency around the world including the chinese i asked questions about that. Cdc has pop up offices around the hot pockets in the planet to monitor indeed it outbreak. Melissa that is monitoring and quarantining these people. Youre not talking about actual fixing a problem. Were back to 1818. Good luck. Wash your hands. Stay in your house. Melissa wow, dr. Manny. Good news. Melissa facebook ceo ditching the h

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