Transcripts For FBC The Willis Report 20150502 : vimarsana.c

FBC The Willis Report May 2, 2015

Doing more to keep you and your Information Safe from hackers. All that and much more on the willis report, where consumers are our business. Okay, criminal charges in the death of 25yearold freddie gray. Six officers have been charged the officer driving the van carrying gray charged with murder. The states attorney for baltimore making the announcement one day after the Police Department handed in its investigation report. The findings of our comprehensive thorough and independent investigation coupled with the medical examiners determination that mr. Grays death was a homicide, which we received today, has led us to believe that we have probable cause to file criminal charges. Yes that was maryland states attorney breaking news. This is the father of freddie gray lets listen. Because this city needs to get back to work. Last thing that freddie would want is to see the hardworking people of baltimore lose their jobs and businesses because of his death. You all know that would totally defeat the purpose of what we are trying to work towards. Remember without justice theres no peace. But let us have peace and the pursuit of justice. Thank you. Today is a momentous step on the road to justice for freddie. In losing freddie, the gray family has been put through real hell. One can only imagine the tremendous pain and suffering that this family has endured. For the past loss of a son and the sisters loss of a brother. Freddie was taken too early and too horrifically. And the worst of the grays family days in the history of this family have been the last three weeks. Today has given the gray family a measure of hope. We thank the states attorney and her team for their unprecedented courage and their measured and professional response to this crisis. They have our gratitude in their pursuit of justice. Lori and that was the attorney for freddie grays family billy murphy. Speaking before that freddie grays father saying let us have peace during the pursuit of justice. Erin ehrlich is an attorney and mercedes colwin. Amazing they charged the officers differently. They charged the driver with depraved indifference a murder charges, and the others of Involuntary Manslaughter or even assault. Lori are you saying the charges were improper or too harsh . A little too hard on the driver. Almost as if the prosecutor assumed the driver should have known there was an incident happening in the back of a van. Thats a very big charge for the driver. Not so much for the others. Interesting you brought up this this goes to the point we dont know what happened. Its a big giant question mark. Lori explain to our viewers why we do not have access to that report . You know, the prosecutor doesnt have to release that information to us. There could be a myriad of reasons why a prosecutor may not provide us with the police reports. It may have to do with the very serious public outcry thats gone on in baltimore. I think whatever the results of those investigations are it could potentially be even more inflammatory. Lori so Marilyn Mosby the states attorney people commended her actions for coming out with these charges so swiftly, and then later this afternoon we heard from the Baltimore Police union saying we basically stand by the officers and they didnt do anything wrong. So initially after mosby spoke a lot of people were hopeful that it would quell the unrest. Where do you think we stand with the status the mood, the climate in baltimore . Great points. Certain that everyone was waiting for something to be done formally. Just as you would ask the question earlier. We dont know what happened to freddie gray we know spinal cord was severed and happened while he was transport. Everyone in the publicsumed had to have happened during the transport, at the hands of the police. With the culpable party they were looking for formal charges to be rendered. Lori erin looking live at pictures of baltimore, people are obviously assembled there. It looks civilized right now. Do you think weve seen the worst of the unrest . I know thats a tough question to answer given the politics that happened today, where are we now . I would hope so. The public really neds to be awar thi ieryong ro ahd fmndimento tualy bng cvict as glty. Haveryong roahe us. But hopefully the public will see this as the first step, and it is the necessary step to move forward in the judicial process. For them to hopefully see justice for freddie gray for the police to see vindication. Lori how do you see this unfolding here . I remember the rodney king trial, that ended in terrible rioting in South Los Angeles south central. We cant get a fair trial here, you cant have the officers have the pool of individuals come forward and be a jury for us. Cant happen. Change of venue. Unlikely they will get a change of venue. Have 24 and panel 12. Lori have you lesser charges for each officer involved. Theyll be charged separately . Tried separately for sure, and i believe the big big conflict people are talking whether there is a conflict with the states attorney with the fact shes got connection to erin, there is a suggestion to bring in a separate prosecutor because i think it is billy murphy who was a mentor to Marilyn Mosby. He certainly was a contributor to her campaign. That along the with fact that her husband is a Baltimore County councilman. So there are conflicts but ultimately i think given the nature of the hazy circumstances surrounding what happened to freddie gray what we know at this point, coupled with the fact that theres been this enormous public outcry. Unfortunately the decks stacked against the police at this point. They have to go on the defense and do tr very best to put forth whatever they can in order to vindicate. I want your takes whether or not were seeing a conflict of interest with states attorney. I think there might be. Certainly be an outcry but unlikely it will affect. Lori will it affect the charges in stone . The charges there are, unless the Prosecutor Says we have to lower the charges. The driver has an extreme charge. We need to oorm oo sorry to interrupt. As much as she can potentially fabricate probable cause, she cant fabricate guilt. Theyre going to be tried and get their day in court it is a developing story. Ladies, thank you so much. Appreciate your insight. Thank you. Lori still a lot more to come this hour including a big announcement from tesla on a product for your home. And next its being called the fight of the cently but mayweather v. Pacquiao is one of many big sporting events this week. Well preview it all and get your reaction. When cigarette cravings hit, all i can think about is getting relief. Nicorette mini starts to relieve sudden cravings fast. Anytime. Anywhere. I never know when ill need relief. Thats why i choose nicorette mini. The real question that needs to be asked is what is it that we can do that is impactful . What the cloud enables is computing to empower cancer researchers. It used to take two weeks to sequence and analyze a genome; with the microsoft cloud we can analyze 100 per day. Whatever i can do to help compute a cure for cancer, thats what id like to do. Lori the businesses are focused on Berkshire Hathaway as it reports First Quarter results, just a moment ago, the big walkup to the Shareholder Meeting celebrating the oracle of omahas 50th anniversary. Liz claman joining us live from omaha and kicks off Signature Weekend with warren. Hi liz. Hey, lori. The breaking news is Berkshire Hathaway came out with earnings. Im going to look down. They are breaking right now. First quarter operating profit jumping 20 . First quarter profit of 5. 16 billion dollars. Thats compared with 4. 71 billion yearoveryear. Again the operating profit up about 20 . The analysts were expect operating earnings of 2,373 a class a share come inning at 3,143. That is a beat on estimates, the strength coming from insurance and, of course they have planned the merger of kraft, that is extremely important berkshire is this gigantic conglomerate tomorrow is the shareholder day well be there monday night 8 00 p. M. Eastern. Weve got a special called Warren Buffetts america, so much of the money is thanks to one company he bought in 1983. The Nebraska Furniture Mart. Thats where we are now. Bob batt is with us. You talk about sales. Yes. Tuesday, which is considered the start of the shareholder extravaganza. Right, seven days. You did how much in business . A little over 9 Million Dollars in one day which broke our alltime sales record for one day. Thats in our history of 73 years. Do you expect youll do even better tomorrow . Absolutely. We dont know yet, it depends how the weather and this place has great shareholders. Warren buffett told fox business hes expecting north of 40,000 shareholders this year for the 50th. What do you think the message has to be as he gets older and older 84 years old. Charlie munger is 91. People worry about who will really run the company . We dont worry about that. Warren says he has succession plans in place. We have total trust as we have had since day one. Whatever he does is good for us. Tell us how you view the Housing Market right now . Seemed to have stalled. Home ownership at a significant 25year low. Do you feel that at Nebraska Furniture Mart . No, we dont. Why . Were in the middle of america west coast is stagnant, horrible drought. East coast has problems. In Middle America in our store in omaha and kansas city, des moines and dallas, were doing terrific business. The Housing Markets are strong as can be, in my own neighborhood, selling in a matter of days because of where we are in the heartland. And we are going to come through this just fine. Whats better . The renters market or the Housing Market as you see it . Well both of them. Millennials dont want to buy houses like their parents did. They want to do their own thing but its still a very solid market. People are moving to omaha. A good place to do business its a good place to live with your family. You guys are opening a brandnew store in texas that will be bigger than any ikea on the planet, right . Gigantic. Several times the size of ikea. We have one right up the road from us. We do our own thing. We have furniture, flooring appliances, electronics, 568000 feet of retail. 1. 3 million square feet in the warehouse in texas. Near dallas right . North dallas, the town of the colony between plano and frisco. Are you going to learn to speak with a texas accent . Yes. Weve been down there, i worked on the crew. We spent several years there planning and negotiating and finding the right site. We looked in ten states. Texas is a tremendous place to do business. Okay, but when you do business, warren told me you will beat any price in texas that people bring to you. Thats correct. Yes . Thats correct. Its not difficult. A very expensive town were going to show them how to sell great furniture at low prices. Bob batt of the Nebraska Furniture Mart. His grandmother founded it by selling her own furniture. Warren buffett bought it and, of course it is a real cash machine for Berkshire Hathaway. Make sure to tune in 8 00 p. M. Eastern on monday night for Warren Buffetts america. Were going to put the shareholder weekend together into one big gigantic package and its a backstage pass for all of our viewers. Tune in 8 00 p. M. Eastern on fox business. Lori . Back to you in new york. Lori thank you so much liz. Look forward to that. From one big weekend event to another actually several, this is the ultimate weekend for sports fans. From football to golf, theres an event for everyone. Main event is boxing match between Floyd Mayweather and Manny Pacquiao. The fight of the century bringing in a heavyweight of money. The revenue alone from payperview expected to hit 300 million. Here with your guide to this sporttacular weekend, mike hill, host of fox sports ones pregame. Good to see you. Already a buzz in the arena. Lori is this really the fight of the century . What was the last major fighting event . I think you have to go back to maybe Evander Holyfieldmike tyson. Lori is that where he bit his ear . Say it again . Lori is that the event where tyson yeah, when tyson bit his ear. We used to have the mega fights, once a year we had Evander Holyfield taking on mike tyson, mike tyson going against razor redick this is the only bout in boxing that really matters. Lori why has it taken five years to get two headlineers in the ring . Thats the question everybody wants to know. People saying Floyd Mayweather was ducking Manny Pacquiao for all years. Didnt want to see his record blemished. He doesnt have losses in the loss column and Manny Pacquiao was the biggest threat to his legacy. After five years after all negotiations, after the back and forth between showtime and hbo they had different promotional rankings that was going on as well. There was a lot of red tape in the way of this finally coming to fruition. After all this time tomorrow they get in the ring to get it on. Lori mayweather 104 million in earnings just last year . Its astounding. Mike let me ask you this for those people who arent close boxers of boxing. If you want to sound informed. Husband is having guys over to watch the fight. What are key things to know about each fighter . I will say with Floyd Mayweather, he is a technician a tactician, a lot of people look at Floyd Mayweather and say hes boring, not a good fighter. Hes a boxer. When you talk about boxers you are not talking about somebody knocking somebody out. Hes one of the best defensive boxers of his generation for sure maybe the best defensive boxer of alltime. He goes in there and hes masterful with the gloves. Hes like a surgeon. When it comes to Manny Pacquiao, hes a little more loose hes a little more Loosey Goosey punching power, goes up and down, hes the winner of eighta championships in eight different weight classes. Nothing done like that in the history of boxing. These are the two best boxers of their era and finally getting in the ring together. Lori mike seems like the real winner is las vegas and all the dough coming to town. Yeah, well theres a lot of people. Jayz is going to come to down tom brady may be here. Theres going to be heavy hitters. One of the things youre watching for 99 on pay for view, if you have that kind of money watch in the luxury of your own home. You want to see whos in the crowd. Who the alist celebrities are. You are going to find who the true alist celebrities are. These tickets are going up to 300,000 for ringside seats. Incredible. Lori what . Never seen anything like this before. Lori 300,000 . Wow. Yes for a 36minute bout. It could go 36 minutes. Lori or three seconds, right . I doubt if it goes three seconds. It could go between three minutes and 36 minutes, that is the investment you have to put in there is for the atmosphere but once again 99, if you want to watch it in the luxury of your own home. Lori and its going to be late on the east coast. You can invite people over and charge them admission, if i was doing it for 99. I would be charging admission, you might make some money if you did it that way. Lori perfect interview for the Fox Business Network mike. Thank you for joining us. All right thank you. Lori check out fox sports one at 11 00 eastern for live fight coverage. Guest will be Evander Holyfield and shane moseley. Heres our question tonight ill share the results with you at the end of tonights show. Unfortunately didnt get a chance to ask mike about the kentucky derby. Its been 37 years since we had a triple crown winner in horse racings jewel. So go ahead fill out the survey. Curious for your thoughts. A new report shows liberal billionaire george soros may owe billions to the irs. And another billionaire making a major announcement. Elon musk unveiling a home battery made by tesla. All that next. If youre taking multiple medications does your mouth often feel dry . A dry mouth can be a side effect of many medications. But it can also lead to tooth decay and bad breath. Thats why theres biotene available as an oral rinse toothpaste, spray or gel. Biotene can provide soothing relief and it helps keep your mouth healthy too. Remember, while your medication is doing you good a dry mouth isnt biotene, for people who suffer from a dry mouth. Excellent looking below the surface, researching a hunch. And making a decision you are type e. Time for a change of menu. Research and invest from any website. With e trades browser trading. E trade. Opportunity is everywhere. u. unnnnnnonn. Lori it already makes fancy electric cars tesla wants to power your home. Elon musk unveiling the line of industrial home and battery packs, ambitious move out of the electric car market. It gives you basic security and a complete and affordable solution, and the cost is 3500. Lori well should home owners rush to buy the battery packs . Were asking a tech expert and ceo of wearables. Com. Great to have you with us. What do you think . It will get traction . Battery powered homes . First of all, thanks for having me lori. I think well see traction. Presently you can only reserve or preorder the power walls. Theyre still slated to come out in the summer of 2015 business have to wait longer than that. Tesla said theyll make a bigger push into the business market, Industrial Market in 2016. Well see traction a lot of people, the majority of the Consumer Market is going to wait to see what the data says all about cost savings. A huge portion. Huge might be expansive. A number of people will jump on this to be part

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