a huge jump. >> a talk about a stock split. david: unbelievable. [closing bell ringing] liz: on a day where we saw dow up a points. it has been squandered, gone. red on the screen as we watch markets close. not a surprise to see it pull back a skosh. david: skosh? liz: technical term. david: next guest has a hope for small and mid-sized caps. "after the bell" starts right now. david: let's get right into today's action. we have pete benson, beacon capital management. he will tell investors which headwinds to keep an eye on. joe bell, schaeffer's investment research. here to talk about things the earnings season will tell us about the economy in general. stock prices.

scott bauer at cme. talk about earnings. they're actually not looking too bad. there was a lot of people saying, because of the bad weather, a whole lot of other things, what is happening overseas, even when you take into discounts with all that, they're look pretty good, no? >> i totally agree with you. that's why we saw a big rally yesterday. the quite frankly the fact we didn't fall off, with all the economic news coming out. yet we had dovish fed speak. this is setting a stage for next leg higher. like you just said, some earnings expectations have really been beaten down quite a bit. you know what? we've seen so far has been pretty good. i am actually very positive going out for the next week or two with the bulk of the rest of s&p 500 companies. liz: does it bother you, does it bother you 47% of the s&p companies that reported missed on revenues? >> you know. it does but they're finding ways to make up the bottom line. revenue is down. like i said, though, they're

finding ways to make it up. what i've seen is, the fact that we've been, these estimates have been beaten down, but they're still meeting the bottom line, these companies are reinventing themselves. you know what? the fed especially with dovish speak today, there will be free to extremely cheap money out there. these companies at least for next six to nine months they will leverage that. they will leverage on that. more stock buybacks. david: pete, a lot of people were afraid what we would start to see for the first quarter, was what we law last year for the first quarter, a downward turn, really unexpected downward turn of something, one or 2% in terms of gdp. we haven't seen that yet. what can you tell us about expectations for the economy in general? >> well, we're just cautiously optimistic. we believe it is going to grow. but you see the numbers today, throughout the first quarter, are very, very sluggish, very slow. there is a lot of headwinds out there, we're still concerned about. greece, we don't hear a whole

lot about it. but you know, if there are issues there. they got downgraded. we got jobs are being created but are they the right kind of jobs? the participation rate is actually at a 36-year low and wages are really low. david: yeah. >> with the prospects of rate hikes, i'm not sure how much further the market is actually going to go up this year. we think it will go up some. we think it will be sluggish and probably pretty volatile going forward. liz: joe, that segues to the fact, yes, we're transitioning to a tighter rate environment at some point. we don't know when but at some point. is it over or if you turn yourself -- hold on one second we have breaking news. it is american express. numbers are out. adam shapiro, how did they do? >> beat on expert share. revenue is a miss, 7.95 billion. street was expecting 8.2. liz: there is revenue miss we

were talking about. joe, do you have to become an actual stock-picker, bottoms-up, start sifting through everything versus let me just buy an index? >> that is kind of always been the case. finding pockets of strength in the first quarter, the winners are small cap stocks. they are a little more ensue lated from foreign exchange rate risk, and strong dollar. small cap stocks, greatly outperforming multinational stocks and companies. they definitely underperformed due to all of the lower guidance we've seen from them, most of it due to concerns from u.s. dollar. there will be winners and losers. there are sectors and pockets of the market with low expectations. liz: such as? >> perhaps stay away from sectors underperforming. liz: what are the better sectors? >> the sectors i really like right here, if you look at consumer discretionary, even some housing sectors.

housing sector perhaps are staying away worried about a lot of perhaps the rates jumping and i think you're actually going to see a little bit of initial demand for those when you see rates jump when rates increase. david: by the way did not happen today. today housing was down. pete, let me talk with you, with all your pessimism about the economy, not pessimism, questions whether it will grow at all, you called it sluggish, why would you pick ford a company that depends so much on consumer demand? >> sales were good in march, 235,000. we actually like, they have very good product right now. and if you saw that sales were up 14% in china, so it is not just here in the domestic, but also, across over the seas and, there is a lot of opportunities there. we think that many people put off buying cars when the, you know, when things went south. and we feel like the opportunity is still good. we like the dividend. david: dividend is nice, do

doubt. >> many of our clients are actually looking for income more than high growth. david: sure. >> we like that steady dividend. david: new fixed income. >> yes. liz: scott, as we look from 30,000 feet, at economy and all that is happening, what do you get a sense of when are trading stocks at this point, that they believe the six-year bull run will continue? >> yes. especially through the end of this year. and, you know, every time that we see news and speak come from the fed, every time over the last six months, eastern, the speak that has been, you know, not dovish but more hawkish, what has the market done? the market rebounded back. they're basically telling us, that if anything, we'll see at max, maybe quarter point increase by the end of the year. so when i look out, my time horizon is six to nine months. it is not six to 10 years. liz: okay. >> six to nine months, yeah, we'll mark, this market will leg itself higher. no question about it, just based on that alone, based on the fed

backstop still being there for the rest of 2015. that -- david: fed is there forever. got to give in sometime. >> at some point it does. david: gang, we talked about schlumberger. saw a big jump in schlumberger. oil prices were up. very interested how earnings are doing. adam, those figures are in. what do you have? >> adjusted earnings per share, david, $1.06. here is what you want to look at. revenue 10.2 billion. the street was expecting 10.42 billion. i want to read from the release, according to the ceo, he said first quarter revenue decreased 19% driven by a severe decline in mortgage american land activity and associating pricing pressure. reduced customer spend and in addition to seasonal effects. david: after hours getting a little bit of a bump on those numbers. adam, appreciate. liz: thanks, adam. pete benson, joe bell and scott

bauer in the pits of the cme. david: when you think about heinz you think about ketchup. 650 million bottles are sold around the year, every day, every year forgive me. would be nice if it was every day. liz: heinz ketchup has equally tasting cousin, mustard. it is getting a big brand makeover, trying to take on the goliath in the business. we have heinz north american president. welcome, how are you going to pull this off? your big competitors, french's mustard. french has a huge percentage of the market share in mustard. 60%. heinz last check has 1% market share. how will you climb that mountain. >> thanks for having me. basically listening to consumers. consumers, see and taste and enjoy our mustard in restaurants forever. they tell us why can't i find my mustard in supermarkets. we say, let's do it. we tried to do something

different. come up with the best tasting mustard, yellow mustard we possibly can. heinz has 150 years of experience in condements. we did this we're so confident, we're changing the recipe of the mustard to new yellow mustard and extending that to supermarkets. david: we wish you very best on that but i'm kind of curious on the company in general. in 2013 it went private. warren buffett was part of it, 3g capital, et cetera. you're a young guy. you're 42 years old. you come from brazil. you're changing the culture and corporate makeup of the company. how has that been going? i understand things like zero based budgeting kind of new to the company? >> look hour formula is very simple. we believe in focus on consumer. we have consumer first. this is about this, right, bringing quality, innovations to the market. david: but have you had to change the corporate culture as a result of going private? >> we found great brands of heinz brands, but we accelerate

the growth cycle. david: how? >> more quality, better innovation, more support. liz: one of the things that zero based budgeting, in essence, entails that every year, top managers have to start with number zero and justify every single dollar spent at heinz. one of those things it doesn't do, is ignite growth. that has to come from demand what you're trying to do with the mustard business, et cetera. doesn't that entail some type of investment, and employees brought on board to make that happen? >> absolutely. we are very much have enthusiasm with hinds is amazing. we had record year of investment for heinz brand this year. last year, 2014 was another record year. we've seen this response, right? the ketchup category we've been flat forever. it grew this year. growing again. accelerating this year. we believe we can do same thing for the yellow mustard category. david: you have another company coming in. kraft will become part of the whole company. how do you integrate that into

the mix? >> the merger is in the future. we don't talk about that. it is coming. it is completely separate entity at this point. david: that is a lot for the company employees, particularly managers to digest. >> look, the opportunities is amazing. we're excited about that for now as us, business as usual. liz: interesting that kraft owns dejohn. gray poupon mustard. you could see synergies. you won't comment because it actually hasn't gone through. heinz mustard, in burger king, will you do those synergies? >> burger king is customers of ours. we have broad drib shun of yellow mustard everywhere. david: latin america, how much more because of your background will you try to integrate the culture. >> that is huge business, that grows double digits. we have great people down there. i'm in charge of north america. i'm sure they benefit from innovation also. david: thank you very much.

>> thank you. appreciate it. >> i already bought heinz mustard, strangely enough. david: i know i get yellow mustard all over. i won't try right now. next time bring hotdogs. we'll try it. liz: after making millions in television, jerry seinfeld suddenly making a very bold prediction about tv's future and if it's right and he is right, it might be bad for stocks. the story and the plays straight ahead. what did jerry say? david: you will find out. also the clinton foundation says it will continue to take donations from foreign countries even as hillary runs for president. many are calling foul is there anything wrong with that legally? we'll debate that coming up. liz: trading, crafting and partying, three big ideas today, big rallies. will the euphoria fade? or is the sizzle here to stay. which one should you own in your portfolio? david: etsy.

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david: the clinton foundation will continue to receive contributions from foreign governments as the foundation's namesake, hillary clinton, is on the campaign trail. "the wall street journal" reported this.

is there anything wrong with this? we have juan williams, fox news contributor and john rapaport. common cause president do you find anything wrong with this. >> yeah, i find a lot wrong with it. she got in trouble, because people didn't realize foreign governments had opportunity to exercise influence. nobody knew they were allowing foreign governments continue to make contributions while she was secretary of state, david. so that created a political contradiction. now what they're trying to do is cut the baby in half. they're saying many countries can not contribute but allowing other countries to continue to contribute. some of the countries can't contribute can come to meetings. not all that clear but continues i think the political problem for hillary clinton. david: mr. rapaport, whoever is the next president they will have to deal with a very different world of alliances and enemy, based on what happened, just over the past couple months. germany is one those taking contributions. if there is some kind of economic embargo against iran or

against russia, we have been at odds with germany in the past on that issue. if hillary clinton is the next president, won't some of those contributions from germany be questioned? >> well, i think it is definitely an issue that secretary clinton will have to deal with and continue to be as transparent as possible about it and i am concerned about the influence of foreign governments and foreign corporations from foreign governments and foreign corporations which the citizens united case the supreme court decided in 2010 can also contribute to american political campaigns. david: here is another one. canada will continue to make contributions. canada has issue with keystone pipeline. one company, one agency, promoted the keystone pipeline, contributed half a million dollars to the clinton foundation. is that a problem? >> this is coming from liberal democrats, president of common cause, people have concerns

about transparency and how you influence american leadership. if in fact what you've got here, it is disguised, essentially a way to get money and influence and get close, even just hearing from the clintons, under guise of serving the foundation. they say the foundation does good work in haiti, around the world helping to alleviate poverty and the like. that is possibly true but in terms of our political system this is a problem. david: mr. rapaport, just a moment on hillary's emails, you have spoken about this before. it now turns out she destroyed if not the server at least some of the emails on the server after congressional committee asked her for those emails. isn't that obstruction of justice? >> i mean i think email issue is another one for her -- david: let, excuse me, mr. rapaport, i don't have much time. i have to ask you to answer the question, if she destroyed emails asked for from a congressional committee is not that not obstruction of justice.

>> no, they were not subpoenaed by the justice department. david: hold on, they were subpoenaed by a congressional committee. isn't that obstruction of justice if she destroyed emails subpoenaed by a congressional committee? >> not a legal scholar. i can't tell you that but i can tell you this. our whole campaign finance system needs to be reformed. not only foreign corporations but millionaires and billionaires having incredible influence. david: all right. >> we need to change policies on -- david: i didn't get a straight answer from mr. rapaport. i want to ask you. turns out emails were destroyed after congress asked for them. is that obstruction of justice. >> if it would be if in fact she knew of it. the question whether hillary clinton said i had these things cleansed destroyed, apart, i wasn't aware they had been subpoenaed at that point. we'll see what the lawyer have to say. the fact the minute it is subpoenaed by congress you can't throw it in the garbage and say i didn't know. david: i would think so. juan williams, miles rapaport, thank you, gentlemen.

appreciate it. speaking of politics tomorrow, don't miss maria bartiromo's exclusive interview with house speaker john boehner from capitol hill 9:00 a.m. eastern on fox business. liz: european union laid formal charges against google. following the charges google is quick to respond. david: today the war of words continues. jo ling kent had a chance to speak to the e.u. competition commission about google's rebuttal to the allegations. >> the commissioner just started and seems to be a pretty aggressive watchdog. we asked her what she thought of google's rebuttal which basically said they disagree? they provided lots of data how they do not necessarily dominate or abuse so-called dominant position in europe and this is what she had to say. >> if you look at the figures for europe, google is very successful company and you would like to congratulate them on their success and all the innovations that they have

brought into the market. in general search, think on average, the 0% in the european market -- 90% in the european market would be google. quite obvious they play a huge role here. and what we find is that they have been giving fair treatment to their own shopping services. preferrable treatment that can not be justified. >> now the statement of objections which is essentially e.u. speak for charges, gives google 10 weeks to respond. in the charges as well, there is a new investigation being opened into google es android mobile platform. the business practices there. we asked the commissioner, e.u. commissioner of competition where that investigation is right now and anticipated outcome. this is what she said. >> here as well as in europe, mobile devices become more and more important. and therefore, of course, it is obvious that if we find the conduct or behavior, which is

contrary to competition on the merits, well, then there is an issue for an enforcement of competition laws from myself. >> the commissioner answered several of our other questions. you can see google's stock, despite the news up half a percent. this is expected to end in a settlement that could cost google billions of dollars or perhaps years and years in court. we expect to hear, liz and dave, to hear from google in coming weeks what they expect to do. the google android case is where potentially more business damage can be done. liz: the european regulators are way more interested in protecting competitors than consumers. david: really. liz: here in america they protect consumers. david: everybody does it. jo, thank you. appreciate it. thousands of american jobs cut and surging power bills, only some of the expected fallout for new epa rules for coal-fired power plants. will the embattled industry fight back and save itself from

potentially legal regulations? that story coming up. liz: ipo bonanza on wall street. no fewer than three well-known stocks making trading debut. the all-star panel on first day of trading euphoria, will it last? which one should you pick for your portfolio? don't go anywhere. ♪

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barrel. liz? liz: okay, today with our panel, a very bullish call on netflix as the stock soars to all-time highs. ruling spares general motors billions of dollars in claims. and jerry seinfeld, the creator of one of the most popular sitcoms of all time says, television is dead. but first, three huge companies, not that they're so gigantic in market cap but gigantic in profile going public today. etsy, party city and virtu financial. if you had to pick one to put in your portfolio which would you buy? let's bring in the panel. larry shover, gary b. smith, fox business contributor and our own adam shapiro. to gary, i know this is the kind of thing you want to plug your nose say i don't want to do it because you don't go with crazy names, one much these names, all three had great performances today is there one you should feel should go into a portfolio? >> you stole my lead when i say

don't go with the crazy names, thankfully. do my part, okay? i would go with party city. that is the most, warren buffett, most gary smith. it is established. they have barriers to entries they already have locations. they're making money. that is the one i would play. liz: barriers to entry. you mentioned buffett. buffett owns the big competitor, oriental trading, larry. does that make it a target? >> it may. i'm with gary, party city is one of the three i would go with. it is a household name. it has been around for almost 30 years. liz: yeah. >> i acknowledge there has been a lot of financial maneuvering. sales have been growing although they are in debt. that's changed. but all the tossing back and forth, now it is public perhaps they can streamline things, get their act together and get up to 1000 stores where they deserve to be. liz: adam, do you like any of the other two? >> no. i know you buy stuff from etsy. i don't get etsy. i really don't get virtu.

high frequency trading. liz: making money hand over fist. they have a lot of cash flow. >> that is what scares me. they never lost except once. i never trust anybody who never lost any money. i do understand party city. i can relate to it. when gary talked about warren buffett, buy something you should understand. etsy, i suppose if i bought their products i could understand it. by virtu, would not go near with it with a 10-foot pole. liz: mylar balloons we understand. not a lot of people believed in netflix five years ago. the stock soaring to all-time high posting strong subscriber growth here and internationally. one analyst raised his price target to $900 per share. the stock is only 562. is netflix a buy, sell or hold right now? adam just at the point where everybody says this is awesome makes me start to wonder. >> makes me wonder. maybe netflix is little expensive. the jon lovitz, character, when my girlfriend more gag

fairchild. $900 might be high. netflix is projected to have 60 million subscribers in the united states. that is more than broadcast networks had when there were only three broadcast networks. it is pretty remarkable. liz: larry, netflix has adjusted. it has bent so it didn't break. >> it didn't break. stunning growth last year or last quarter. new zealand, australia. they're now going into japan. the trouble with the stock. not that it has p-e ratio of 130, that is bad enough, the fact that they have $9 billion of content obligations due. three to five billion due in to disney for one-off film. i look at video-on-demand. a lot of people think carrot will be china for them. perhaps it will be. there is competition with video-on-demand with other televisions and other countries. so i would sell the stock. i would not own it at this price. liz: gary, 9 billion in

obligations coming due. looking when lightning will strike? >> larry makes some very excellent points. but i like the comment you've made. the reason i would mitigate some of those, they have adapted. for a long time the problem was, people said netflix didn't have enough of their own content. they have added content. they added "house of cards" and, i go to netflix almost every day. i still think it's a buy right here. liz: oh, my god, you have too much time on your hands. don't move, guys, coming up, tv star jerry seinfeld making quite a call about the future of tv. some call it bold. some call it obnoxious. we'll tell you what he said and how you can play it if he is right. david? david: liz, could the war against kids smoking be in danger of unraveling thanks to e-cigarettes? how nicotine is becoming cool with the younger set. battle over the obama administration's global warming rules. how the coal industry is

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liz: so this news broke in the last 24 hours. a federal bankruptcy judge blocking most lawsuits against general motors over a defective ignition switch, sparing the automaker billions in potential claims. is gm a buy right now.

would you rather say forget it, go with another automaker with less baggage? we bring back our panel. let me start with larry shover. what do you think, gm or no? >> no. i would sell gm. face it, fx headwinds, a headwind for gm. a big tailwind for japan. production is constrained right now with gm. car sales are flat. silverado a big overreliance on that right now. it is trailing f-150 by a lot. liz: like another car company, better, larry. >> i like ford better. they went through the transition back in september, going from steel to aluminum bodies for the f-150. that is factored into the market. i believe once production rolls out, they have 20% room to roll this out we'll see the price fly and profits catch up. liz: adam lives and breathe cars. general motors would you go with this one. is a cloud lifted or forget it, batchingage. >> i will not make comments about designs and what they're

doing i would sell gm. they're getting ready to expand their reliance on suvs. i realize gas is cheap right now. but that got them into trouble, along with a lot of other things a while back. here is the biggest factor they face. nye 19 nephew said the ford fusion looked cool. i haven't heard any 19 say even the corvette looks cool on the gm lineup. liz: gary b., what looks cooler than general motors for a portfolio? >> first of all let me do my liz claman impression about gm. oy. liz: oy. >> that is what liz would say. i really don't like any other automakers. seems like the whole industry is in a lot of flux right now with the hybrids, electrics. if i had to play one, i would play toyota. liz: toyota. let's move to jerry seinfeld. did you guys hear what he said? creator of what many believe is television's greatest sit come, makes a bold statement here it

is. he said at the up fronts, which is the advertising opportunity for networks, tv is over. he was talking about network tv. is he right? i don't know, gary b., i look and this say, he has a web show on crackle, called comedians in cars. he has 100 million views. is this guy right now? >> he is, he is. everyone now adays has the ipad or a big iphone. everyone now is watching, most people, are watching video, via that way, rather than sitting down at the typical 8:00 or 8:9 and watching network tv i think the way it will go. the way society is going, completely mobile. liz: well, i would tend to agree. i feel networks were in denial about cord cutting but, adam, "ncis" on cbd -- >> bingo. liz: 16 million views. that is what people are watching live. that doesn't even count dvrs and tivos out there which are

very valuable when it comes to numbers. >> he is right about some things, sign he would felled -- seinfeld, most of the people on his web show are still on tv. tv networks are content production centers. when they figure that part out and compete with crack kill in that venue, they're still making a lot of money. what is dead the ability to put anything up there to make money. liz: larry, now that he is not on tv he is saying that about tv? >> yeah, right. i don't think tv is dead. i don't think it is dying. it will not go the way like water tower builder or anything like that. i mean it is just changing. i mean clear it is changing. >> bingo. >> we're seeing things going on. hbo, for instance they're taking positive route, offering streaming service for $15 a month. they're doing that to capture 70 million people out there who otherwise wouldn't care about the service and wouldn't buy it. so it is changing.

smart companies will ad adopt sooner than later. >> amen. larry shover, gary b. smith, adam shapiro. so glad to have you on your panel. tell us what you think. do you agree with jerry seinfeld, is tv over? send us a message on facebook or tweet ahs @fbnatb your answers coming up. david? david: liz, new report by the cdc, showing number of middle and high school student using electronic cigarettes tripled between 2013 and 2014. more than two million high school students and 450,000 middle school students now use them. by contrast, use of conventional cigarettes sank to the lowest level in years to 12.7% among high school students. at least that is good news. coal industry and thousands of coal jobs fighting for their lives. coal representatives are taking on new epa rules that could kill off the industry. we have the head of the coal alliance making his case next.

a florida man, accused of making a massive security breach on capitol hill makes his first court appearance. we'll have latest how a manned gyrocopter could have penetrated the most secure space in america. details coming up. ♪ it's more than a network and the cloud.

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david: the coal industry, some say it is dead but it is not. it produces 39% of america's electricity, but, the obama administration is determined to cut that figure drastically through a lot tougher regulations and those new regs exacted a very high price so far from the colbies that many are now on life-support. so what is next? we have the ceo of pennsylvania coal alliance and former state senator. we have tom borelli, senior fellow at freedom works. tom, first to you, is it just the epa making life tough for the coal industry? >> i think you have three critical issues. we have cyclic competition from natural gas, we have a down economy, worst and most pressing right now are the concerns from the epa. if these epa regulations are as adopted as written, by the epa here in pennsylvania, we'll see a 70% reduction in coal powered

generation capacity. that would be billions of dollars of economic impact. tremendous negative consequences. david: forgive me for interrupting, john, what we're looking at are the prices, market cap prices of some of the big coal companies. 897% down. walter, al parks down 94%. a coal, down 94%. 39% of our electricity, some of these companies will not make it s there enough natural gas to pick up the slack if they don't? >> first of all, president obama is fundamentally transforming the way we make electricity in the united states. saw horrendous drop in market capitalization of coal stocks. what is happening now they will rapidly have to shift to natural gas. that takes time and money. david: they don't have time. if in fact some of the companies go under and when you lose 97% of your market cap, you're close, if they go under, is there enough natural gas to pick up the slack? >> there is plenty of natural gas.

david: right away. >> you have to get the pipes to the utilities. there is a lot going on. you have to also, it will cost the consumers a lot of money. obama originally, remember he said he wanted to make electricity prices skyrocket. if utilities wanted to use coal they would likely go bankrupt. he is following through on that. this is fundamental transformation. david: john what are you arguing in court? the epa has its own authority to do things. clearly they're using that authority to try to kill off the coal industry i would say. what are you trying to argue in court in your favor? >> i think there is a very fundamental argument that the epa already regulates the current coal-fired power generation units under is 12 and they realize, they can't get that changed. so they're trying to do end around with 11-d. there is very clear case -- 111-d. there is clear case of almost double regulation. exceeds boundaries what epa is legally allowed to do. there is argument to be made within the regulation itself, it

is not achievable. david: pulling back, you know, i don't want to get into too much into the weeds of the law here, tom, congress has some interest here. congress has constituents in coal communities. even democrats, not just republican issue. what can congress do to hold back the epa right now? >> congress hasn't been doing enough that's for sure. they have not been doing enough. they should withhold money for epa to carry out these regulations. >> has anybody suggested they may do that? >> no they're afraid. david: even republicans that sounds too drastic. >> mitch mcconnell is afraid of shutting down the government, remember that old line. what mitch mcconnell is saying, telling states to rebel against the epa, not to submit the plans to the epa as best way to stop this effort that the epa is involved in. 50,000 coal mining jobs have been lost within the industry. and if this rule goes through, this is the greenhouse gas rules they're arguing today. it is going to add another

$300 billion in costs to the economy. david: john, tom, gentlemen, thank you very much. by the way, don't miss murray energy ceo bob murray to flight exclusively on "cavuto." that is 8:00 p.m. eastern time right here on fox business. gentlemen, appreciate it. liz? liz: david, the man who flew the small helicopter, the gyrocopter, past the u.s. military, the secret service and capitol hill police had his first day in court this afternoon. we'll tell you what happened. plus, how would you like to get healthy meals, designed by google's former executive chef and delivered to your doorstep in 20 minutes flat with just the touch of a button? we're talking to a company making this reality. they're about to expand to a major city. stay tuned. ♪ [announcer:] what if one stalk of broccoli could

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liz: fox business news alert. the florida man charged in the massive security breach on cap teal hill is released from federal custody. there he is. he is douglas hughes. he is charged with two criminal counts landing his homemade gyrocopter on capitol hill yesterday. he could be sentenced to four years in prison. he will be subject to gps monitoring back home in florida. the postal worker said he did it to protest money in politics. david: question, how he got through supposedly the most

secure air says in america, if not the world. it is extraordinary. healthy meal delivery at touch of a button. that luxury may soon be at the fingerprint thanks to on-demand meal service called sprig. it specializes in lightning fast service of locally grown organic meals. liz: a lot of believers in the company. they raised 45 million to expand service beyond san francisco. we have the sprig ceo and sprig head chef. good to see you guys, again. you were on fox business in your earlier stages just a few months ago and now you are expanding, you're going to chicago. how are you going to deliver fabulous meals in 20 minutes to chicagoance when there is a lot of traffic in that sy? >> we're really excited to be going to chicago, liz. great thing about chicago is how much of a foodie culture is. people in chicago will benefit

from a service where you touch your button and get great meals to your door. david: nate, you as chef distinguish the cooking. not only organic process. whole foods is everywhere. people have access to organics. you have to come out with better menu, don't you? , better chef quality? >> wee like to think about the food, we get the best ingredients we possibly can. we try not to screw them up too badly before we get to the customer. david: specifically what about the menu? have you come up with new recipes for things? >> we're in research and development stage with our recipes. and we put together menus. at sprig, by doing so we'll throw meals out there, to see how people like it. change when we need to. liz: all you do, go on the sprig app. within 20 minutes, get it delivered to your door. that is unsupernatural feat in my opinion. clearly you have some type of predictive software anticipates

what time people will start ordering, you send the food out in cars circling you quickly make it? what is your percentage of missed 20 minute times? >> actually, so, now that the average in san francisco has gotten to about 15 minutes which is amazing. liz: whoa. >> less than 1% of our orders are longer than 45 minutes. vast majority of orders happen between 10 and 25 minutes which is great. david: nate, i happened to see on the menu, pineapple and cherry pork. was that yours? i mean, that is what i was trying to get at before. seems like you have real new recipes in here i've never seen before. >> so the pineapple and cherry pork we worked out sometime ago. it was popular dish that was one of my dishes. we're constantly trying to come up with new ideas, new menu items, you know. we look what is going on, in, the food world right now. we try to get ahead of the game

a little bit. we're constantlying coming up with new dishes. liz: 20 minutes, $10 a meal. how many meals have you delivered? how many do you expect in chicago? >> so in about 17 months since we launched the service we launched almost 500,000 meals to the citizens of san francisco. i hope we come into chicago to provide even more than that in our first 10 to 15 months. david: gentlemen, great stuff. congratulations. continued success. come to new york! forget chicago. come to new york! thank you very much. we asked you on social media if you agree with comedian jerry seinfeld that tv is so over. brenda says, 100 channels never anything worth watching. >> i have 300 channels. xavier said, canceled my tv subscription a month ago. haven't even missed it. how they cut the cord and what takes its place. you have to still get internet into the house. a lot of questions whether

apple, they came out with new apple tv logo couple days ago. some people said it was mistake. some people said apple knows what they're doing. liz: don't cut fox business. you need us. david: i pay for it. "the willis report" is next. >> i'm gerri willis. this is the "willis report" the show where consumers are our business. federal judge blocks billions of dollars in claims against gm for defective cars. >> this is the unfortunate consequences of a government regulated, managed and forced bankruptcy. >> it is the door now slammed shut for victims? we'll vect. he is the most famous gyrocopter pilot since james bond. >> according to the u.s. attorney's office in washington, d.c. douglas hughes is expected in federal court sometime late they are afternoon. >> new questions of safety and security in the most heavily policed no-fly zone. will this be