tv FBN AM FOX Business October 9, 2015 5:00am-6:01am EDT
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i'm nicole petallides. >> good morning i'm share casone crude oil vaults above $50 a barrel overnight. >> house gop leaders meetings to find the next speaker of the house. john boehner convince reluctant paul ryan to step into his shoes? >> russia aims dozens of cruise missiles at syria. some missed their mark and landed in iran. we'll have the latest. >> controversial bio pic of steve jobs. aaron sorkin addresses some controversy swirling around the film. fbn. what is in today's markets. what to expect for day ahead. >> markets are doing well globally overnight. start with asia show how stocks traded there. stocks following lead from the u.s. shanghai index gaining more than a percent. hang seng up half a percent. kospi korea up about half a percent. >> let's look what is going on here in europe. don't forget the fed minutes yesterday. fed not likely to raise rates too fast here. we're seeing gains across the
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>> story in your markets today, once again, certainly going to be what is happening in oil contract. but the house is scheduled to vote on legislation to lift the decades-oil ban on crude oil exports. that is later this morning. republicans say repealing ban would benefit economy and national security. democrats say it could raise gas prices. president obama is expected to threaten to veto that bill. >> hillary clinton trying to shore up her left-wing appeal as she unveils her plans to crack down on risky wall street behavior. former secretary of state stopping short of calling to break up big banks. rival bernie sanders saying reform plans should include breaking up banks and restoring 1930s law that broke up commercial banking and investing. sanders quote, it is easy to take on wall street. i was there when it was not so popular.
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meanwhile this is what the clinton campaign received so far from big wall street firms. morgan stanley, more than $90,000. jpmorgan chase, over 7 a thousand. bank of america, nearly 52,000 bucks. >> a lot of cash from wall street. let's to overseas now. u.s. says four russian cruise missiles launched from the caspian sea missed their targets in syria and landed in a rural part of iran. the u.s. comments come as there is growing international concern about russia's actions in the region. president obama said russian airstrikes in syria won't draw the u.s. into a proxy war. he said russia's involvement in syria still poses major implications for the u.s. military. u.s. defense secretary ash carter told nato officials in brussels, russia can no longer say it is in syria to fight isil. >> they have initiate ad joint ground offensive with the syria regime, shattering the
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deposited $100 into a draftkings account. the suit claims daily fantasy games run by the two companies are misrepresented as fair. follows recent revelations by two sites they let employees bet on each other's sites on information not available to the public. >> let's look what is happening with alcoa, in particular the stock this morning. shares of alcoa falling in extended trading after aluminum producer posted disappointing third quarter results. sharp decline in earnings a year ago coming amid lower aluminum prices with stronger u.s. dollar affecting numbers. alcoa announced plans last month to split operations into two companies this year. this is marking unofficial start of earnings season. it is on. >> it is official. a lot of these companies are likely under pressure with the strong u.s. dollar. when is the last time your company asked you to work for free? "new york post" says urban
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outfitters is asking salaried workers at home office to volunteer for extra weekend shifts at a new fulfillment center in pennsylvania. the company needs workers to pick, pack, prepare, packages for shipment. employees will get lunch and a ride to work if needed in exchange for working about a six-hour shift. at urban outfitters spokesman said this is common in the industry when there is a new fulfillment center, cheryl. >> turning to incredible story about bill gross. he was fired up after being fired from pimco last year. now the bond king is suing former employer and his parent company, allianz asset management for $200 million for breach of contract. gross also claims that pimco plotted to drive him from the firm he co-founded because managing directors wanted his huge bonus for themselves. the company says the lawsuit has
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no merit. gross manage as bond fund at a different management group. >> this year's nobel peace prize awarded to national dialogue quartet in tunisia. this group is recognized for contribution to building democracy. after the revolution back in 2011, the nobel peace prize worth $972,000. it is being presented officially in oslo on december 10th. live pictures out of norway. not the pope. not john kerry, but still a worthy winner there, nicole. >> congratulates there. controversial bio pic of apple founder steve jobs opens today. >> you're issuing contradictory instructions, you're insubordinate, you're miserable. >> even if that is true that doesn't sound that diabolical to me. >> how screenwriter aaron sorkin
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addressed some controversy surrounding this film. >> houston astros keep rolling taking game one against the kansas city royals. in houston, indianapolis colts 40-year-old quarterback won again. highlights coming up. it is best week of the year for the dow, i'm sorry for s&p 500. we're seeing stocks pulling back. the dow down about 13. s&p down over 2. nasdaq futures down 7. you're watching "fbn:am," first look at morning markets and breaking news. ♪ why should over two hundred years of citi history matter to you?
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well, because it tells us something powerful about progress: that whether times are good or bad, people and their ideas will continue to move the world forward. as long as they have someone to believe in them. citi financed the transatlantic cable that connected continents. and the panama canal, that made our world a smaller place. we backed the marshall plan that helped europe regain its strength. and pioneered the atm, for cash, anytime. for over two centuries we've supported dreams like these, and the people and companies behind them. so why should that matter to you? because, today, we are still helping progress makers turn their ideas into reality. and the next great idea could be yours.
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♪ >> what do you do? you're not an engineer. you're not a designer. you can't put a hammer to a nail. i built the circuit board. the graphical interface was stolen. so how come, 10 times in a day i read steve jobs is a genius? what do you do? >> musicians play their instruments. i play the orchestra. cheryl: oh, boy, steve jobs opens in theaters. the bio pic opening to rave reviews as well as controversy. movie critics exemption alley portrays jobs as ruthless genius but some say it is fairly negative includes his widow who
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heart he hadly didn't want the film made at all. the screenwriter aaron sorkin spoke with conan o'brien after tim cook called the new film opportunistic. >> tim cook and steve jobs are very close friends. and i absolutely understand the man protecting the memory and legacy of his friend. >> yeah. >> so i get that too. and -- >> it is all good? it is all cool? >> it is cool with me. i'm not sure it is cool with a building full of people in cupertino who know how to hack into my computer. i hope it is cool. [laughing] cheryl: watch out you might get hacked there, sorkin. it is based on authorized biography of jobs. it highlights three apple launches in real time. nicole: we'll see what they say on monday. turning to sports, houston astros beat kansas city royals 5-2 in the al division series.
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two solo homers by contend dry morales. a field worker got a little more involved in the process. look him being rolled in the tarp there. he was fine after being pulled away. the teams play game two this afternoon. texas beat toronto 5-3. post-season baseball turned to toronto, first time in 22 years. both teams lost their third baseman to injuries. texas third baseman, adrian beltre suffered a strained back muscle. his status today is uncertain. bluejays lost third baseman josh mcdonald after his head hit the leg of a player. colts beat the houston texans
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27-20. and draw johnson finished with six catches for 77 yards. may be another manny pacquiao, floyd mayweather fight, after all, folks. mayweather retired after his last fight. he is negotiating with mayweather and british fighter a mir khan for his last fight. 36-year-old pacquiao is on the verge of quitting boxing for politics. cheryl: don't do it. don't do it. talk about turbulence. passenger jet in costa rica missing motorists, by feet as it graze as perimeter fence during a landing. that is the main airport in costa rica. pilots had to change the landing runway because of difficult winds. locals claimed to see the screws on bottom of the plane. they probably did. authorities say altitude and angle of the plane were fine and it was normal and controlled
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landing. the airport is known for the landing difficult. i've been there, nicole. winds are intense. nicole: that some so picture. very graphic. see it there. coming up gop candidate ben carson reacting to leadership vacuum on capitol hill as kevin mccarthy pulls out of the race to the next speaker. >> you don't see that much self-sacrificing in washington, d.c. so kudos to him. nicole: just a few hours house gop leaders will meet to discuss a way forward. can speaker john boehner convince paul ryan to step into his shoes? we'll have the story. four russian crews missiles aimed at syria ended up in iran. we'll have the latest on the conflict. been a great week on wall street. dow and s&p up over 3%. right now we're seeing down arrows after fed minutes yesterday. now down seven for the dow and s&p 500 down two. watching "fbn:am," your first
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tand that's what we're doings to chat xfinity.rself, we are challenging ourselves to improve every aspect of your experience. and this includes our commitment to being on time. every time. that's why if we're ever late for an appointment, we'll credit your account $20. it's our promise to you. we're doing everything we can to give you the best experience possible. because we should fit into your life. not the other way around. i just had a horrible nightmare. my company's entire network went down, and i was home in bed, unaware. but that would never happen. comcast business monitors my company's network 24 hours a day
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and calls and e-mails me if something, like this scary storm, takes it offline. so i can rest easy. what. you don't have a desk bed? don't be left in the dark. get proactive alerts 24/7. comcast business. built for business. cheryl: well we've got breaking news this morning. global stocks rally following wall street's lead. the dow back above 17,000. s&p heading for the best week ever. take a look how u.s. stock market futures look right now ahead of opening bell. we're now flat, literally flat, unchanged on dow futures. down one point. s&p pointing down. nasdaq down by five. good morning everybody, i'm cheryl casone. nicole: that's right. we've got a great week. good morning i'm nicole petallides. crude oil vaults above $50 a
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barrel, 50.27 right now. cheryl: house gop leaders meeting this morning to try to find the next speaker of the house. the big question, can speaker john boehner, convince a reluctant paul ryan to step into his shoes? nicole: after russia fired dozens of crews missiles aimed at syria, some missed their mark and landed in iran. we'll have the latest there. cheryl: controversial. >> steve: jobs biopic, aaron sorkin addressed controversy swirling around the film. nicole: in baseball, the astros won, rangers won and in football the colts beef texans. first look at making news. what to expect for this day ahead. cheryl: does that point get you guys caught up. markets in asia particular following lead here. coming in with strong performance in asia. nicole there are european
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prices. in hong kong hang seng rebounded from yesterday's losses gaining half a percent on expectations that beijing will announce more stimulus soon to prevent the chinese economy from experiencing a hard landing. in tokyo, japanese shares rebound, tracking wall street gains overnight. nikkei gained 1.%. after federal reserve released meeting minutes indicates unlikely any interest rate hike for remainder of this year. in south korea, the kospi was encouraged by federal reserve very dovish tone. back to you. cheryl: tracy change in bejing. thank you. nicole: breaking news this morning. the house republican conference is set to meet this morning after majority leader kevin mccarthy's shocking decision to drop out of the speaker race. outgoing speaker john boehner is reportedly pushing paul ryan to run. meanwhile gop presidential candidates reacting to mccarthy's sudden withdrawal.
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donald trump saying he is getting a lot of credit for ending mccarthy's bid. trump cast doubt on mccarthy's qualifications. in interview with greta van susteren, ben carson sharing his thought. >> i thought it was incredibly magnanimous thing for him to move off to the side for the sake of the party. i hope those who are running, will now have an opportunity to really make a pitch that everybody will be listening to because we do need unity. nicole: do need unity. mccarthy was heavily favored to be nominated by his fellow republicans but he failed to win over small by crucial group, hard-line freedom caucus. cheryl: hillary clinton, trying to shore up her left-wing appeal as she unveils her plans to crack down on risky wall street behavior. the iormer secretary of state is stopping short of calling to break up the big banks. her rival bernie sanders is
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saying reform plans should include banking up banks and restoring the 1930s law that separated commercial and investment banking. sanders also issuing a statement yesterday, quote, give the image of big banks today it is easy now to take on wall street. i was there when it was not so popular. meanwhile this is what the clinton campaign has received so far from some big wall street firms. morgan stanley, donating more than $90,000. jpmorgan chase over 75. bank of america, nearly $52,000. numbers don't lie. nicole: indeed. u.s. said four russian cruise missiles launched from the caspian sea, missed their target in syria and landed in rural part of iran. there is growing international concern about russia's actions in the region. president obama said russian airstrikes in syria won't draw the u.s. into a proxy war. he says russia's involvement in syria poses major implications
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for u.s. military. ash carter also told nato officials in brussels that russia can no longer say it is in syria to fight isil. >> they have initiate ad joint ground offensive with the syrian regime, shattering the facade they're there to fight isil. nicole: today carter heads to london for a brief meeting with defense minister michael fallon. coming up next, pretty soon you will be able to buy your latte, bucket of chicken, tv with your iphone. we'll have all the details. you will have to get your wallet to watch your next installment to watch "house of cards," netflix is about to jack up those prices. we'll tell you about that. check stock index futures. there is the dow, just turned positive, up five. s&p and nasdaq slightly lower premarket. you're watching "fbn:am," first look at morning markets and breaking news. ♪
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markets. cheryl: some good news if you are a fan of apple pay. apple plans to roll out the mobile payment platform for several major changes over next year. apple pay will be available at best buy, kfc, chill lee's and starbucks,. starbucks accepts apple pay at 1400 stores nationwide. chile's will have the option available next spring. nicole: trying to make things easier for you, right? one day at a time. the cost of subscribing to netflix is going up. the streaming video service raising price of most popular plans by one buck to $9.99 a month. it raised the same plan by a dollar may of last year. this plan allows the customer to watch two simultaneously streams and includes hd. the price for existing subscribers will stay the same. you have a grace period for another year. then you will have to pay too. cheryl: there you go. coming up, gop presidential
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candidates reacting to a leadership vacuum on capitol hill as kevin mccarthy pulls out of the race to be the next speaker. >> you don't see very much of that self-sacrificing in washington, d.c. so kudos to him. cheryl: in a few hours house gop leaders will discuss going forward, can speaker john boehner convince paul ryan to step into his shoes? we'll have that story. the u.s. says four russian cruise missiles aimed at syrian rebels ended up in iran. we'll have the latest on the conflict. as we go into the break, look at dow futures. s&p down fractionally. nasdaq a little more than three. you're watching "fbn:am." we have your first look at morning markets and breaking news. ♪
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nicole: breaking news this morning. global stocks rally following wall street's lead. the dow back above 17,000. s&p heading for its best week of the year. let's check u.s. stock market futures ahead of opening bell. dow is up two. nasdaq down about four. good friday morning. i'm nicole petallides. >> good morning, everybody, i'm cheryl casone. oil prices front and center again as crude oil vaults above $50 a barrel overnight. nicole: house gop leaders meeting this morning to try to find the next speaker of the house of the big question? can speaker john boehner convince a reluctant paul ryan to step into his shoes? cheryl: after russia fired dozens cruise missiles aimed at syria, the u.s. said some of them missed their mark and landed in iran. we'll have latest details from the middle east. nicole: controversial steve jobs bio pic opens in theaters today. screenwriter aaron sorkin addresses some of the controversy swirling around the film. cheryl: in baseball the astros
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won, the rangers won and in football the colts beat the texans. darn it. welcome to "fbn:am," your first look what is moving in today's markets. we have breaking news and what to expect for your day ahead. nicole: we're having a great week so far here in the states. global markets in asia took the cue from the fed minutes. shanghai composite index up over 1%. nikkei is up over 1 1/2%. cheryl: taking a look at european markets which are trading right now, europe actually following asia. the footsie higher by 1%. cac 40, about 46 to the upside. dax up more than a 1%. >> the s&p up 3%. russell and transports up 4%. great week but down arrows. now they're up one. right around unchanged line. s&p down one point. cheryl: let's look at some big commodities we're watching. one commodity we're watching. that is oil. we're above $50 a barrel.
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up 89 cents. gold trending higher. nicole: let's check currencies. we've had a strong u.s. dollar weighing on some earnings we'll be seeing. euro, uk pound, strong against the greenback. cheryl: we're down almost 10 basis points on the 10-year treasury. nicole: we have breaking news. the house republican conference is set to meet this morning after majority leader kevin mccarthy's shocking decision to drop out of the speaker race. outgoing speaker john boehner is reportedly pushing paul ryan to run. gop presidential candidates reacting to mccarthy's sudden withdrawal. donald trump is giving credit for ending mccarthy's bid. he last week cast doubt on mccarthy's qualifications. in an interview with greta van susteren another gop contender, ben carson, sharing his thoughts. >> i thought it was incredibly
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magnanimous thing for him to move off to the side for the sake of the party. i hope those who are running will now have an opportunity to really make a pitch that everybody will be listening to, because we do need unity. nicole: mccarthy had been heavily favored to be nominated by his fellow republicans. but he failed to win over small group but crucial group that is, the hard-line freedom caucus. cheryl: hillary clinton trying to shore up her left-wing appeal as she unveils her plans to crack down on risky wall street behavior. former secretary of state stopping short of calling to break up big banks. her rival bernie sanders saying reform plans should include banking up banks and restoring 1930s law that separated commercial and investment banking. sanders issued a statement yesterday saying quote, given the image of big banks today, it is easy now to take on wall street. i was there when it was not so popular.
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this is what the clinton campaign received so far from big wall street firms. morgan stanley more than $90,000. jpmorgan chase over 75. bank of america, nearly $52,000 in donations. nicole: the u.s. has four russian cruise missiles launched from the caspian sea missed their target in syria and landed in a rural part of iran. u.s. comments come as there is growing international concern about russia's actions in the region. president obama said russian airstrikes in syria won't draw the u.s. into the proxy war. russia's involvement has major implications for u.s. military. defense secretary ashton carter told officials in brussels that russia can no longer say it is in syria to fight isil. >> they have initiate ad joint ground offensive with the syrian regime, shattering the facade that they're there to fight isil. nicole: today carter heads to london for a brief meeting with defense minister michael fallon.
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cheryl: as a mass of water heads towards the ocean in south carolina, governor nikki haley says thousands of people in low-lying areas along the coast should strongly consider evacuating. >> i know the sun is shining, the wind is not blowing and rain is not coming down but floods are. you will see not only will water rise but will rise and stay up to 12 days. cheryl: governor haley saying any mandatory evacuations would be ordered by local officials. national guard trucks are ferrying some residents cut off by high water. homeland security secretary jeh johnson will travel to south carolina today to get a first-hand look at destruction in that state. nicole: new developments in the volkswagen emissions scandal. u.s. regulators investigating a second computer program in wv diesel cars that also affects their emission controls. disclosure coming in yesterday's testimony in a congressional
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hearing. michael horn saying he did not know last year that his company was using software to cheat on emissions test. >> let me be very clear about this. while i was told about the epa process, i was not then told, nor did i have any reason to suspect or to believe that our vehicles included such a device. nicole: volkswagen plans to recall nearly half a million u.s. cars with diesel engines to fix the problem, starting next year. cheryl: a class-action lawsuit has been filed in manhattan against sports fantasy sites draftkings and fanduel. the suit accuses the sites of negligence, fraud and false advertising. the case was brought by adam johnson of kentucky who said he deposited $100 in draft kings account. the suit claims that the games are misrepresented as fair. follows recent revelations they let employees bet on each other's sites with information
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not made available to the public. nicole: coming up, controversial bio pic of apple founder steve jobs opens today. >> you're issuing contradictory instructions, you're unsubordinate. >> seen if that is true that doesn't sound so diabolical to me. nicole: how aaron sorkin, the screenwriter addressed controversy surrounding film. in baseball play youoffs, the houston astros keep rolling taking game one against kansas city. in houston, indianapolis colts backup quarterback won against houston. dow futures down about nine. you're watching "fbn:am," your first look at morning markets and breaking news. ♪ you focus on making great burgers,
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♪ >> what do do you? you're not an engineer. you're not a designer. you can't put a hammer to a nail. i built the circuit board. the graphical interface was stolen. so how come, 10 times in a day i read steve -- jobs is a genius. what do you do? >> musicians play their instruments. i play the orchestra. nicole: "steve jobs" opens in theaters. the bio pic has rave reviews as well as controversy.
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they say the film exceptionally portrays jobs as ruthless and visionary genius. some close to jobs say it is unfairly negative including jobs's widow, lawyer reason powell jobs who did not want the film to be made. screenwriter aaron sorkin talked with conan o'brien about the recent back and forth with tim cook who called the film, opportunistic. >> tim cook and steve jobs were very close friends. i understand the man protecting the legacy of his friend. >> yeah. >> i get that too. >> so it is all good now, it is all cool? >> it is cool with me. i'm not sure if it is cool with a building full of people in cupertino who all know how to hack into my computer. i hope it is cool. [laughing] nicole: the film is based off the authorized biography of jobs and shot in real time as it highlights the emotional lawn of three key apple products.
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cheryl: looks great. i can't wait. let's turn now to sports. houston astros beat the kansas city royals in the al division series. colin mchugh allowed four hits including a pair of solo homers. the featured a 49 minute rain delay and grounds worker who got more involved in the process than he wanted to. the two teams play game 2. he wasn't hurt, by the way. texas rangers beat toronto. both teams lost their third baseman to injury. texas third baseman adrian belt tear to back injury. bluejays josh donaldson hit his head against the knee of rangers section baseman trying to break up a double play in the fourth. he was removed an inning later. national league division playoff games get underway. long time rival chicago cubs an
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st. louis cardinals face off. we're moving on to football. first time the post-season cards will be in busch stadium. dodgers and mets play in dodgers stadium. had to get that in because somebody is excited about the mets. dodgers are counting on clayton kershaw. mets have jacob demom gop. and draw johnson had two touchdown catches against his former team to help the colts beat texans 27-20. he finished with six catches for 77 yards. have to get some nfl. nicole: love football and watching it. passenger jet in costa rica missing motorists by feet as it grazes a perimeter fans during a landing in san jose. pilots had to change the landing runway because of difficult wind. the plain flew so low, locals claim to see the screws on bottom of the plane. look at that picture. so close.
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airport authorities insist altitude and angle of the plane were fine and normal controlled landing. the airport so known for its landing difficulty. cheryl: before you head out the door real quick. forecast looking like it will be pretty good. maria molina joining us right now. >> hey, good morning, cheryl. looking at the radar image you can see it is pretty busy across parts of southern texas and missouri and kansas. we're dealing with showers and storms early this morning. i want to take you farther and east. eastern parts of great lakes, dealing with quick moving area of low pressure. along the boundary seeing more showers and storms fired up throughout the day. we'll see rain in places like new york city as we head into later on this afternoon, tonight. across parts of south carolina, we're seeing additional rainfall. it is not forecast to be significant. we don't think additional flooding from the rain will be concern. more so, ongoing river flooding
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ongoing. temperatures across the nation, pretty mild as you head across parts of the south. cheryl? cheryl: thank you very much. "fbn:am" will be right back. good. xerox real time analytics make transit systems run more smoothly... and morning chitchat... less interesting. transportation can work better. with xerox. thank you for calling. we'll be with you shortly. yeah right... xerox predictive analytics help companies provide a better and faster customer experience. hello mr. kent. can i rebook your flight? i'm here! customer care can work better. with xerox. wait i'm here! mr. kent?
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the great beauty of owning a property is that you can create wealth through capital appreciation, and this has been denied to many south africans for generations. this is an opportunity to right that wrong. the idea was to bring capital into the affordable housing space in south africa, with a fund that offers families of modest income safe and good accommodation. citi got involved very early on and showed an enormous commitment. and that gave other investors confidence. citi's really unique, because they bring deep understanding of what's happening in africa. i really believe we only live once, and so you need to take an idea that you have and go for it. you have the opportunity to say, "i've been part of the creation of over 27,000 units of housing,"
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>> quick look at global markets, checking out europe, the footsie is up 3/4 of 1%. here at home we're seeing the s&p 500 with the best week of 2015. futures look to the downside. s&p down about 2. checking oil which rallied above $50 a barrel. right now 50.43. we have much more coming up on "mornings with maria." good morning to you, maria bartiromo. maria: hello, nicole. see you in a little bit. happy friday, i'm maria bartiromo. it is friday,th. with me is dagen mcdowell and jack hough with me. drama continuing in washington. house republicans look for a way
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to replace john boehner as speaker of the house. house republican conference set to meet behind closed doors reportedly pushing paul ryan to run. majority leader kevin mccarthy shocked everybody by pulling out of the speakers race. we have much more on this developing story coming up on the program. the u.s. says four russian cruise missiles launched from the cast at this wan sea missed their targets in syria and landed in a rural part of iran. coming amid growing concern about russia's actions and motives in the region. u.s. defense secretary ash carter calling to question russia's true intentions in front of nato officials in brussels. >> we initiate ad joint offensive of the syrian regime shattering the facade they're fighting isil. maria: lawsuit filed against sports fantasy sites draftkings and fanduel accusing the sites
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of the false advertising. a draftkings employee was placing bets on fanduel while he had access to information not available to the public. both sites since banned employees from making such bets. netflix raising prices on its monthly standard package for new customers. the rate will jump a dollar from 8.99 to 9.99 a month. it will not affect existing customers for at least a year. the price has more than doubled, now at 114.93 a share. broader markets look weaker at the open after the rally yesterday. the dow jones industrial average is expected to open lower this morning as is the s&p and nasdaq under selling pressure. check europe this morning, stocks looking like this. we are seeing gains throughout europe. s&p 100 up 50 points. cac and dax all higher by half a percent and 1 1/2%. nobel peace prize awarded a short time ago. >> the nobel peace prize
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