samsung is a huge business. why are smartphones so important to the business, though they are a fraction of the whole? cory: most of samsung's rots derived from smartphones. they have lots of diversification, but when it comes to the bottom line, natalie are most of the profits from smartphones, but as those phones grant, there's a tremendous addition to that. profits are going fantastically for samsung. samsung has a diminished market share but the note was the product that help them in china because of the way the chinese characters work and read better on a bigger phone, the iphone 7 plus and samsung note were very important in terms of product offerings. to screw up that country is a big screwup for samsung. emily: how big is the phone business in china for samsung? cory: it is the menace but the opportunity is massive. they thought it was going to be the device that catapulted them into a prominent position in that country. they are working at the very high end. there's a ton of phones sold in china but the

apple and samsung. now you've got samsung stumbling. equity that could be lost. google pushing in, competitors at the lower end trying to push up. and it's q4. if you've got a premium phone, you can sell it. if you don't, you just can't sell it. how many people shift to a lower profit samsung phone? how many people abandon android or how many switch to another android provider? we'll have to see. >> fte is comparing this to j & j and tylenol. that situation took about three months to rectify, to actually get that tamper resistant seal on the medicine bottles. if you had to guess how long it's going to take samsung to come up with a new product that doesn't have these problems, how long do you think it would take? >> that's a great question. the problem for samsung is unlike johnson & johnson in the tylenol case, they resisted doing the right thing. they initially tried to downplay the problems. i think that has made this consumer problem much worse. the second big difference here is that smart phones have just reached maturity. so you're in a category in which co

samsung is admitting defeat, halting production and sales. customers are told to turn them off and return them. this man was disappointed. >> i pre-ordered the note 7 in mid-september. i got it the day it came out. hone.ed the p i was told to send it back. i got my replacement. i loved it. i was heartbroken to hand it back. reporter: samsung wrote ground with the note proving there was an appetite for bigger phones. now it is clear that the note 7 is not coming back. the company will concentrate on limiting the damage to its brand. as investorsharply worried the reputation of its other products may suffer. respected as being technologically excellent. trust is basic damaged, that is what you need to recover from. that will be the test if they can recover the value. incident isile this the most serious so far, samsung is not alone seeing cell phone batteries overheat. computerse powerful and use a lot of energy to make those things work. the energy can be dangerous if it is released quickly. from our we want more phones. as samsung has found,

samsung. i can't ri it. >> i think this could be a serious marketing problem for them. i mean, especially the more publicit >> some samsung consumers are sticking by the brand. others are not. but will the botched recall of the company's exploding flagship phone have any long-lasting impact on the company? let's turn to bill george, former ceo of medtronic and now a professor of management at the harvard business school to discuss whether he thinks the company you know, bill, i heard an interestg com today from a dartmouth bus schl who said that perhaps the culture at samsung, it being a south korean company, very deliberate like to study before they . slowed down their response to this, which seemed very slo >> well, tyler, i think they have just committed the cardinal sin for placing one defective product with anoth defective product. on. they have not gotten to the root cause of the problem, so they took a very superficial solution and didn't really fix the problem, just replaced one with a

how will the loss of this note 7 impact samsung? if you look at , and a's revenue stream large share is derived from mobile devices. digital media and equipment come below that. it's not just about the note 7. it is also before the holiday season. year, 28 percent of smartphone shipped were in the fourth quarter. there is no product that competes with the new iphone. fore and samsung account 98% of high end phones. what does this mean? if you're looking for a high end phone, you will probably be looking at the iphone. looking forward, the note line, and remember when i sent mobile devices, the galaxy note 7 is one mobile product for samsung. the note line makes up a .5% of that 2017 forecast. -- makes up 8.5% of that 2017 forecast. it may have a longer impact. a survey ranks samsung seventh valuablele brand -- a brand in the world. supposed toote 7 is help to gain against local competitors. samsung yesterday did finally announce a full recall of more than 100 90,000 note 7 smartphones. -- 190,000 note 7 smartphones. this widening cr

samsung asked all carriers and retailers to stop sales and exchanges but samsung has not confirmed if this means the note 7 sales will permanently be stopped or if they have found the actual cause of the fires in the new replacement phones. that's the latest that we have on the samsung note 7 situation out of seoul. >> let's get out to global head of tmt research. neil thanks so much for joining us. is it fair to say we're looking at the worst case scenario for samsung where it will have to write off the entire galaxy note 7 line or is there any way they can still salvage this? >> good morning. i think it depends on what you describe as worse case scenario. in many respects, with regards to the note 7, the worse case situation would be that potentially the product line will be finished. they won't be able to restart production and suddenly there's an issue here with regards to what about a third iteration that comes into the market. there's implications for the company on a number of issues. firstly the financial implication. and the financial impact, if you think roughly 2.5 million

up, samsung is asking all partners to stop sales. there are new exploding samsung phones and it is not clear if there is problems with the replacement note 7 that samsung distributed after recalling the others in september. we will check in with our tech team from tokyo later this hour. coming up the second , presidential debate had a record-setting debate on twitter. we will explore the impact of social media on politics. this is bloomberg. ♪ ♪ emily: twitter is reporting that the second presidential debate as the most tweeted ever, and big driving force is millennial's. what do they care about, and how will social media influence their votes? joining us is caroline, and still with us is jelly. caroline, i wanted you to join us because you have done so much on what millennial's care about, particularly this election and , one of the things is gender equality. i am interested how the community reacts to this tape that surfaced and the post-debate conversation around it. caroline: i think the debate was a surprise. we ran a focuse

and what samsung is doing is quite astounding. they are competing against two diametrically opposed consumer needs -- speakerphone but more portability. what happens? everything gets squeezing of this evolution of the note series and now they've got to the point where they are hitting some of these pain points in design. they can be overcome. what thedon't know root cause of these battery failures are. it is very alarming and obviously a safety concern. knock samsung for innovating. emily: they said it was energylly because of a issue. john butler, talk to us about how important samsung smartphones are to the overall business. this is a huge company. how devastating a potential hit from this particular issue could be financially. what is really hard on samsung is the fact that this is their flagship phone. the note is without a doubt the phone you see most often in their advertising but the galaxy f7 and f7 edge probably come in a close second. iteally hurts to have to recall the phone a second time. i think that is where that a b

could have on the samsung brand. good to see you, again, dean. welcome back. >> great to be back. ever i assume you agree with the people we just heard from on that tape that, this is a very serious issue for them. >> usually you say a brand is on fire and it's good. but here we have a phone literally on self destruct. it's corporate greed, brand arrogance and a painful solution ahead. >> why were they so slow to react? ist because they're not domicile here in the united states? why? >> i think it's -- they basically blew the four cardinal rules of crisis management. in the first place, when crisis hits and news and social media burst, you the ceo to stand up and look at the problem straight in th eye, and you don't want them to hide behind formal statements. they did that. the second issue is, you can't have lengthy procedures or be bureaucrat have done that. thirdly, they need to respond boldly. clearly, they didn't respond within the first 24 hours of the actual thing happening. it took them a week. that was bad i

what does it mean for samsung in china? john: if you look globally, people would look at it and say, apple and google are not probably the competitors to watch it once you are in china, you have to look out for huawei. they make very good high-end phones and they think -- and they are android-based. as people look at samsung and say i need an alternative, i do not want to go down market within the brand, where do i go? if you are in china, you may go to huawei. if you wanted to move outside the samsung family, he might consider october be the -- vivo, china is the crowded market with i think good competitors. emily: wayne, do you think redesigning could fix the problem? could they do something to take the pressure off the boundary? wayne: sure. -- off the battery? wayne: sure. the industry follows the law of smaller and smaller circuitry, so the next generation of chips out of samsung will require less power and the displays will be less power hungry, so hopefully those types of design evolutions will compensate for the nee

is samsung. they're not going to make the distinction -- in my opinion. and also, pete flies every week, he's on a plane s. and one of the first things they say when you put your rear end in a seat and buckle up, what do they say? >> turn off that samsung note 7. >> or you're done. >> until they stop saying that, that's right there is reason enough not to buy the phone. >> that's never happened before. you know, we were told to turn off your phones, they tell you gently, but person after person told me that exact same story, they're get onging on the flights and they do not want these turned on and bleeding over into other lithium ion powered products that may have been able to go on the flights. people i've spoken to about lithium ion batteries in the past have said, you have to build these devices very, very carefully. i've also spoken to build experts who cannot identify anything exactly that would tell them why this is happening. and this is one of the reasons that samsung has not jumped forw

starting with samsung's exploding phones. tell us more. kate: a consumer safety scandal and financial scandal for samsung. 8% at the close of trade in seoul this tuesday before the company announced the decision it would permanently stop production of its galaxy note 7 phone. andumers of the original replacement model have reported problems of overheating, some bursting into flames. on immediate impact samsung's bottom line will be survive thean it exploding scandal? of explosionsries and vacuum in the market. galaxy note 7 out of the picture, samsung's competitors are rushing in to share spoils. apple with the wa, now7, but also hua with a leg up. chinese brand offers , including high-end ones. >> because samsung is in trouble, hawee i-will look to the up volumes across range. reporter: samsung will be faced with the financial costs of permanently ending sales of the galaxy model which analysts estimate could be up to $17 billion. the crisis is also affecting the company's share value. the note 7 for started august 19, samsung's rockypric

samsung share prices collapse. we will look at what this means for the future of the south korean tech giant. also on the program, the refugees instrumental in detaining this terror suspect. but where were the german police when this is happening and how did they let an alleged terrorist slip through the net? and in the u.s., presidential candidate donald trump lashes out at republicans who have abandoned his campaign. he says they will be to blame if he loses the november election. good to have you with us. it was supposed to rival apple plus iphone seven, but those plans have gone up in smoke. south korean tech giant, samsung, has been worse to trash production of the galaxy note seven after several devices, wire. samsung is telling customers to turn off their phones as a safety precaution, but the company's share price has plummeted. analysts say it could become the biggest product failure and technological history. reporter: for the galaxy note seven, the writing is on the wall, or at least on the samsung websi

he does argue some damage control could still be in samsung's hands. >> courtney reagan is at a samsung store here in new york. what are you hearing from customers? >> reporter: i hear what josh is saying. wall street and consumers may be saying different things. the u.s. consumer product safety commission is urging anyone who has the samsung galaxy note 7 phone to turn it off and stop using which means everyone needs a new option. no one we spoke to here is ready to give up on the brand. >> it doesn't discredit the brand. >> technical issue and they will come up with a solution. i'm not going to switch from samsung to any other device. samsung is the best. >> other major wireless carriers and retailers including best buy and amazon are offering either exchanges or refunds for these potentially fire catching phones. one of the folks we spoke to tried to get a refund. he has to call a 1-800 number, ship it back and get a full refund. he had an older device and reactivated that. while many folks did love this device i think they also realize they have to do something going forward if thes

checking samsung's website. thatay you stay safe...and you dont waste your money. i'm john matarese (your station's custom sig o here). the days of warmer temps could be coming to a close. meteorologist sct steele now to tell us when we might ed to pull out the bigger jacket. after a wonderful finish to ouautumn weekd, we continue enjoying more abundant sunshine courtesy of high pressure slowly traveling farther to our northeast. a return soy utherlflow will build ushering in warmer system crosses our area. readings today are reaching the mid to upper 60s and we could be even closer to 70 degrees tomorrow. the warmer air will contain more moisture leading to growing cloud cover tonight in the rst part of tuesday. there's a slight risk of a stray shower tomoow, but with such dry air in place, it should be tough r any significant precipitation to reach the gr more sun breaksthrough during the afternoon. a ront approaches by midweek with a growing sk of rain, particularly wednesday afternoon. bright blue ies should

samsung's shares opened weaker today... hitting a monthly low. it's all over concerns of the company's prospects after scrapping the note 7 phone. shares of samsung were down two- point-nine percent-- early wednesday. the stock touched a one-month low of 13-hundred-40- dollars and 21 cents per share. following halting production of the galaxy 7 phones.. samsung is sending fire-resistant packing to customers in the u-s, as a precaution against possible fires... as the phones are sent back to retailers. samsung is also offering prepaid shipping boxes as an option for owners. working in the mountains during the winter seems there's a lot of fun to be had in colorado's high country. but this year... there could be a shortage of seasonal workers... matt reanoux is looking into why. that's coming up in just a few minutes. with the ski season starting soon, the hi from your lamp to your couch - should work as hard as you do. that green living is something everyone can afford. that you can sacrifice everything but a good night sleep. and we believe your

samsung declined to comment. the leasing unit for an airline has become a big world leader, avalon making a $10 this hasurchase, cit, much wider implications. hna has been on a big acquisition hunt, spending more than $10 million in deals. they are doubling already what they have announced as far as their hunt. have an aircraft leasing unit which they bought a while back. this is expected to close in the first quarter of 2017, you saw cit shares in after-hours closing pretty flat. but up 7.5%, they will pay about $10 billion. this is an example of how aggressive chinese companies are becoming to acquire assets, including hna airlines. rishaad: it fits well with an industrial strategy. what are they building here? what is hna actually building? this will become a leasing powerhouse. on top of that, you have airlines. >> they are the number one leasing company, the big leasing giant founded back in the day. make hna's avalon the global number three lessor in the world. valued at more than 43 billion 1600 aslars, th

samsung, though, big loser. liz? liz: yeah. it's, it's tough, but maybe they just should have pulled everything. they were asking people to sol aren tearily bring back the phones. that only, you know, extends the pain there. so now it's done, no more -- we'll see how long it takes before those things show up on ebay. don't use 'em. don't use them. >> reporter: you don't want to be compared with the ford to pinto in the any way. liz: that's harsh. you had to bring it up. >> reporter: sorry. i'm sorry. [laughter] liz: we appreciate it. 48 minutes before the closing bell rings. tough day on the markets. we already told you apple's the one green standout there. look at the bottom, it's merck that's dragging the 0 on the dow lower -- 30, falling along with the rest of the health care sector. look at rent a center, it may be looking for new potions because the magic is definitely not happening there. right, that's their theme. the rent-to-own furniture and equipment company saying its third quarter same-store sales will be down 12%.

in the samsung case samsung holdings with a stake in samsung electronics which then owns a stake in shale industry, samsung cnt is in the mix as well, they own stakes and the chipmaker samsung sdi and other parts the empire, it's really this complex matrix that's impenetrable if foreign investor is looking to buy just one part of any company in this structure and basically they protect the entire table and the dynasty itself. there have been criticisms that these south korean companies are not run the most efficiently this way or actually put family interest ahead of stake holders and lack transparency. in the samsung galaxy note 7 case, you know, there are bets out there that maybe ceo lee jae-yong he was several steps away from the day-to-day decision making and delegating more of the decision making to mobile chief, but again it is complex in south korea. and there have been calls particularly from elliott management to maybe shake up control holdings or maybe control of the large south korea companies. >> thank you so much, susan, it is complicated indeed. what should samsung manageme

. >> samsung shutdown. smartphone maker halting sales of galaxy 7 and telling customers to shut off their phones. >> a new poll gives hillary clinton a double digit lead. it's tuesday, october 11th, 2016 and "worldwide exchange" begins right now. ♪ >>> good morning and welcome to "worldwide exchange" on cnbc. i'm sara eisen. >> i'm wilfred frost. >> let's get right to the markets. little pressure for u.s. equity futures after stocks closed higher yesterday across the board but still lost some of their earlier gains the dow finishing higher by 88 points. futures now pointing to a weaker start down 26. s&p futures down nearly five points. nasdaq futures down almost six. as for the ten year treasury note yield the bond market was closed yesterday columbus day holiday back open today. 1.77. strong driver for stocks like financials and utilities, both of those in opposite directions depending on what yields are doing. this morning yields are higher and dollar stronger indicating that higher odds that the fed m

we are joined now to discuss the apple and samsung cases. one is on the docket this week. >> this has to do with the claim that samsung copied the design of the iphone and the idea was that it was central to the iphone and samsung would not have done as well as out it. proceedingser court would be $180 million for apple, if they win. >> i remember when the verdicts were rolling in and things have changed. talk to us about the back and forth and why we think the supreme court would do anything different. >> well, we started with four dozen lawsuits between the sides and there are only a couple of cases left to be talked about here with the federal appeals tort saying that samsung had give total profits from the phones and samsung appealed. they are considering whether that is too much and whether the lower court needs to look at the parts of the phone that were actually affected by the patents and whether the amount should be something less. how do we expect this to play out? we will talk about the samsung recall issue later in the show. thee

supreme court heard arguments on the appeal of samsung's patent infringement. apple sued it claiming it copied the flat screen, the rectangular shape and the layout.

and samsung owners are a little bit concerned. the most -- some of the things we didn't talk about or didn't get on air, when you get on a plane nowadays, one of the first things they say, if you own a samsung device -- >> get off. >> please power down. that's concerning. >> what about with your flip phone? >> they weren't thought -- they said, where did you get that, adam? we had fun out there in times square. cracker jack crew we have. >> of course we do. all right. >>> still ahead. shares of alumina crashing in the after hours, that is a 27 -- or was, a $27 billion company. we'll bring you all of the details, give you three biotech stocks and one top technician says are actually ready to be bought right now. >>> plus, financial surging today ahead of big bank earnings later this week. some are betting the rally will be short-lived. we'll explain. much more "fast money" right after this break. your insurance company won't replace the full value of your totaled new car. the guy says you picked the wrong insurance plan. no, i pick

supreme court heard arguments against samsung and apple. a jury agreed and ruled samsung infringed on three patents. apple was awarded a billion dollars. now the supreme court is taking up the patent case. in addition, the court is also expected to define the value of design work. >>> next, more tension between donald trump and members of his own party. the latest in this race for the white house and some republicans hold support for the gop nominee. >> you have people that can't fix the budget but talk about their nominee. it's sad, we don't have stronger leadership. >>> tracking the forecast. umbrellas are coming out. are coming out. >>> lgbt center targeted by burglars. >>> police investigate a possible hate crime in concord at an lgbt center. they're located near mount diablo in downtown concord. they've been in operation since 1992. and it's been burglarized foyer times but the last one was different, the thieves left homophobic messages on the walls. >> and they left disturbing messages that they put up on the wall. we're investigatin

people are being hammered with samsung, samsung, samsung. >> you think people are more likely to buy because of this? >> not this version. this you have to abandabandon. but samsung has become a household name. this is the way it goes in marketing, you can take a disaster and turn it into a victory if you do things right. will samsung do it? i don't know if their management team is smart enough to do it but they may get there. they're not good at hype and pr management, but very competent at technology and they are listening very carefully to the market right now. >> those pictures look like overcooked kale chips, you know? of the phone there that have melted. i have a samsung 7 galaxy. it gets warm. i have to confess, i'm concerned about it. do they get back in the game with a new version of this larger size 7, the note, rebrand it, renamed, and do they have to cut prices dramatically to retain market share? is that one of their responses? >> yeah, i think that's what they need to do, to rethink what they are, this is a beautiful product. i tell you, when i use this, and go back to

a roller coaster when it comes to samsung stock. a lot of people are saying by on still a because it is solid blue-chip stock and they will be able to get past this current crisis. when you look at third-quarter earnings and what the stock is doing today, there are concerns how quickly samsung can move past this unfortunate episode on the recall. let's get over to the opens with david. markets just opening up into a mixed bag, like a checkerboard. is what you get when the main theme is earnings and you're not getting consistency day in and day out. some days you get good reports. days like today sort of disappointment, especially some of the numbers out of south korea and australia. the hang seng flat. shanghai down. fixing 15 minutes back, weaker from the pboc. they are also in checking some cap back into the system, 210 aboutn renminbi, roughly $32 billion into the system come as that's according to one trader. have a look at some of the movers across the region. hong kong, earnings are in focus, 26 chinese companies coming out wi

para quÉ goya era samsung sise -- voy a ir a samsung dice que tiene problemas. reportero: el pasado cinco de octubre, un smartphone empezÓ a echar humo y obligÓ a suspender un abuelo -- vuelo. en minnesota, otro samsung espeto en las manos de -- explotÓ en las manos de esta joven. en china, un joven de 25 aÑos grabÓ este vÍdeo luego de que descubriÓ que su telÉfono se incendiÓ, incluso daÑando su computadora. aunque samsung no han corroborado en la identidad de esta evidencia, dicen que lo estÁn investigando. las aerolÍneas no quieren estos telÉfonos aborto. en estados unidos, la administraciÓn federal de aviaciÓn, recomienda a los pasajeros que no nos guarden en sus equipajes. ilia: un estudio de la universidad de boston indica que las dos mÁs grandes fabricantes de refrescos en estados unidos han patrocinado estudios de 96 organizaciones promotoras de salud en este paÍs. se trata de un esfuerzo para tratar la idea de que las bebidas azucarad estÁn estrechamente ligadas con la obesidad. coca-cola gastÓ seis millones de dÓlares al aÑo para e

anna: samsung takes another turn. manus: and with russia and saudi pledging a joint effort to limit production, we speak to the iaea official. this is bloomberg. ♪ anna: welcome back. 6:19 a.m. in monday. the hang seng is up 1.3%. japanese markets rising as a result of the weakness in the japanese currency and getting support for energy related stocks as well. samsung has suffered its biggest fall in months after asking all retail partners to stop sales and exchanges of its note seven phone. there may be a new defect in the phone and they are advising owners not to use it. it has lost more than $13 billion in market cap this week. -- the hand bugs -- handbags and perfumes were snapped up. they rose to 19.4 billion euros. it has decided to pull its u.k. ipo due to uncertain market conditions. the no-frills fitness center change was expected to start trading today. it had weaker than expected demand for the shores -- for the shares on offer. -- -- investors are demanding higher conversation. the german lenders head of

samsung already paid apple. what is at question now is how much money does samsung really owe apple. now, the courts, the federal courts in california said according to the law, samsung owed the total profit on the phone that it ripped off pieces of the design from apple. samsung at this point is saying, wait, hold on a minute, why should we pay total profit. we're raising objection overthree design elements. surely we shouldn't have to pay the total profit for the phone just over three design elements. about deciding how much money either apple will continue to keep or if it would have to give it back? >> that's right. and, you know, the reason why this matters, the reason why the supreme court would even decide to look at this right now is because it raises the questions, the importance of design to a product. and that, of course, is a big issue for silicon valley at large. and it's been a very long time. i think 130 years since the courts took up this issue of patent, of design patent. it gets to the question

as much as i love samsung, my safety is definitely firs samsung is urging any customers with a galaxy note seven to power it down and stop using the device. in new york, julie banderas, fox news. it's time for your news and weather together. with less than a month until election day-- donald trump fires back at republicans dropping their support for him. trump took to twitter today to call out house speaker paul ryan after he announced he would no longer be campaigning with trump. a ryan spokesman responded, saying: paul ryan is focusing

. >>> the long-running patent battle between apple and samsung, apple says that samsung owes them billions for violating the patent protection, same-day infringed on three patents, and awarded apple nearly $3 billion which was later cut in half. the court will now decide how much samsung should pay, and the court could define the value of the design work in the tech industry. this comes at the same time that the samsung has announced it is stopping sales of the galaxy note 7 smartphones after several caught fire, and not producing anymore replacement phones after they caught fire. and we spoke for some people with those phones that had first been experience with exploding phones. >> reporter: samsung is expending -- expanding production after more reports of fires.>> we thought we were safe with the new phone. >> reporter: what started out as oscillator reports of smoking and exploding batteries, prompting samsung to delay shipment and then they issued a worldwide recall in september for 2.5 million devices before sending out new ones, and now there are multiple reports that some of the re

samsung must first samsung mail them in.you can't just mail them in. samsung must first send you a fire-proof return kit - as required by the government. the kit includes a thermally insulted box and has a ar this recall is expected to cost samsung around $3-billion dollars. for the first time ever - playboy magazine is being made available in the itunes app and google play stores. readers can pay either $6- bucks for one issue or subscribe for the year for $20 bucks. this is a big step in playboy's move toward a men's lifestyle brand. earlier this year - the magazine ditched nudity in its ???toss ???toss morning juice is there such a thing as too much harry potter? that's the question fans are asking this morning after author - j-k rowling announced the new spin-off will consist of not one - or three - but five movies!!! "fantastic beasts and where to find them" was originally planned to be a trilogy.. but yesterday.. rowling said adding two ext can properly plot out the story line. the first film is scheduled to hit theaters on november 18-th. n-b-c

but samsung is a very different company. samsung is also getting more bad news with the note 7. this is after those had been recalled with some of those phones. right. one samsung found caught smoke overnight. it is southwest airlines in louisville, kentucky, right before takeoff. one of the passengers of the phone had the phone in his pocket area it started to heat up. it got too hot. he had to throw it out. based on what the owner said, it was already a replacement phone for a radius note 7 that he had. -- previous note 7 that he had. the rate -- the airline is unable to confirm the exact model. there is no fire, no explosion, but indeed there was smoke. as a result, the plane had to be evacuated. ask you,but they before you get on the plane, do you have a note 7? i was asked that twice at the airport. -- howng is, in order samsung responded? a short statement from samsung, because they themselves are not certain what the model was. until they can get more details, they are working with investigators. we will have a look at this. what they are saying is, at the moment, there w

"samsung is giving $100 dollars to galaxy note 7 customers if they stick with a samsung for their next phone. now that the phone is offically recalled for a second time, customers of these fire-prone note 7s are instructed to shut off the phone and return it immedetly. customers that exchange it for another samsung phone will get $100 in credit to show those that want a full refund or switch to another brand will get an extra $25 dollars from samsung for their troubles. and retailers, including amazon, are also giving money back for accessories. but exchanging the phone can be a headache depending on where you bought it form. most retailers say you can walk into a store to turn it in, but verizon is asking people to do their exchange online, and verizon will send a box to mail the phone. (samsung video: 00;48;28 - 01;18;21) samsung thermally insulated boxes to return the phones -- because simply dropping a potentially explosive lithium ion battery in the mail is a bad idea. in samsung's return kit, you only have to return the phone -- it goes in a plastic static- shield bag, then into

supreme w between apple and samsung. justices will consider how much of a $399 million award samsung should have to pay apple over its infringement of apple's patented iphone design. >>> president obama will focus the espn student forum focusing on the my brother's keeper initiative in greensboro. it will focus on the role and legacy of historically black colleges and universities. are approaching. the ice rink at rockefeller center will traditionally open. >> before that happens, we have to get to the pumpkins and jack-o'-lanterns first. >> facebook is hoping to tap into some of the 60 million companies that have a facebook page, but note 7 troubles are proving to be music to investors ears. >> good owners of its galaxy note 7 phone amid reports even replacements are catching fire. the ceo of verizon telling cnbc, there is the worst cell phone crisis he's ever seen. apple stock is soaring to its highest this year in anticipation thatmany samsung users will swap to the iphone. and facebook is launching a new product for

. >>> samsung losing life as their battery lows reach new lows. >> this is very damaging for samsung and the fact they messed up on the recall it maybes thanks worse. >> the drastic warning from the . >>> it is a beautiful evening in ivy easterlg it cooler at 50 ate. the outside corporate interests bankrolling question two are trying to deceive you. here's the truth: every time a new charter school opens, it drains money from the existing public schools. that's 400 million just last year - according to the state's own data. which means real cuts to our kids - in arts, technology, ap classes, pre-school, bus service and more. across the state. join them in voting no on question two. ? ? ? ? ? ? ? ? great rates for great rides. i asked my dentist if an electric toothbrush was going to clean better than a manual... he said sure, but don't just get any one. get one inspired by dentists, with a round brush head! go pro with oral-b. oral-b's rounded brush head cups your teeth to break up plaque and rotates to sweep it away. and oral-b crossaction delivers a clinically proven superior clean

the concept modernization, including a breakup of samsung. it includes operating company and paying shareholders a $27 billion special dividend. the record comes despite a smartphone, 7 calling -- causing the evacuation of an airplane in america. shares trade a new the highest in nine months for fujitsu. the two sides are still discussing pricing and terms. fujitsu would give the chinese manufacturer a bigger foundation to expand its share. twitter plunged in extended trade after a rico report said that google does not have current plans to make a bid. said that disney won't bed apple is unlikely to be interested. last week, google is said to be working with a financial advisor on special offers. want on reports that it may still be interested in twitter. let's get the latest from the markets. we see japanese shares boosted all week by a weaker japanese yen in the currency has lost ground for seven consecutive sessions. the morning session with a financials and the energy sector leading the games. in the afternoon session, they are coming bac