tv FBN AM FOX Business May 2, 2016 5:00am-6:01am EDT
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lauren: breaking news this morning, the battle for the gosher state heats up. good morning, i'm lauren simonetti. cheryl: and good morning, i'm cheryl casone, in for nicole petallides. ted cruz and bernie sanders will stay to the end until the bitter end. lauren: despite selloff on friday, with a gain, up three months in a row. dow futures higher by 14 points. nasdaq futures up by and a half a hoint. cheryl: in china, closed by
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holiday. rising yen will hurt japan exports. lauren: oil prices shotoff 20% and 45.52, looks like we have some profit taking going on. cheryl: 35 billion-dollar deal fall ago part after opposition from regulators. hughes throws in the towel. lauren: liz claman was there. cheryl: in nba playoffs. golden warriors win without curry. we will have those stories and a lot more coming up. lauren: right now it's 5:01 in new york. it's monday, welcome to fbn:am,
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first look at morning markets, breaking news and what to expect for the day ahead. cheryl: we have, some breaking news this morning. a new poll finding donald trump ahead by 15 points in indiana. nbc poll shows that trump has 49% support. john kasich has 13%. both trump and cruz plan to hold rallies in indiana today. so far trump has won 996 delegates, cruz has 565, kasich 153. now, on the democratic side, the same poll shows hillary clinton leading bernie sanders by 4 points. gets 50% by the vermont senator has 56%. close there. sanders has 1,057. make sure to tune in for special coverage of primaries. right here on the fox business network. lauren: indiana has 57
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republican delegates is a must-win for cruz h. jeff has more. >> maybe you see carly fiorina one-on-one. big lal -- rallies, yes. they were relying on hand to hand contact, a lot of handshaking, individual, selfie taking and politics with individual voters trying to convert this state one voter at a time. of course, the endorsement of governor has to help with some of his organization perhaps as well. also the cruz-fiorina campaign believe to do a better job to do
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better on-the-ground, but the one-on-one sort of thing that you see played out here that may also have a big role to play in this campaign as we go toward the all important vote. whose to say who has the edge, the polls have been mixed but this sort of thing certainly doesn't hurt. that's the latest from the campaign trail. lauren: jeff flock in indianapolis. cheryl: exclusive interview sounding confident about path to nomination. >> if you win indiana tuesday, is this race over? >> yes, it's over.think it's ovs over. cruz cannot win. he has no highway. he has nothing. he's way behind. i'm leading him by millions and millions of votes and 4-500 delegates. he can't win.
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cheryl: ted cruz disagrees and says there will be an open convention in july. i think regardless of what happens to indiana, he's not getting 1237, we are heading to the -- >> if he beats you -- >> a battle of who can win the majority. it's going to be a a battle of who can earn a majority of delegates elected by the people at the convention. cheryl: indiana, a winner take most states, the candidate can be expected to take most of the delegates, the winner will likely get 45 delegates, big number. lauren: bernie sanders says his path to nomination depends on flipping superdelegates, the party insiders are now overwhelming behind hillary clinton. >> the superdelegates in general where she is beating us 10 to 1 because she is the establishment
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candidate. take a look at which candidate is better suit today beat donald trump, every poll that i have seen national and statewide says that bernie sanders is the stronger candidate. lauren: meanwhile clinton campaigning is appealing to the state's female voters. >> i will defend a women's right to make her own health care decision and i really support the women across this state, republicans, democrats, young, old, everybody, standing up against this governor and this legislature and their restrictive legislation. [cheers and applause] lauren: 83 democratic delegates are up for grabs in indiana. cheryl: well, violent may day in seattle, throwing rocks, bricks at police officers. authorities arresting at least nine people and five officers
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were injured. police used pepper spray, also in los angeles, san francisco and portland, oregon. lauren: weather in texas leave people dead in east texas. a 64 yerld women and four grandchildren died after trying to escape flooded home. one residents spotted the bodies of the two boys as the water receded. >> my brother did, but we couldn't -- lauren: long-time residents had never sen levels rise on some of the homes, workers work to go clean up and recover what they can. just a tragic story. cheryl: commuters in the washington, d.c. area in a tough
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commute after train derailed yesterday setting 15 cars off the tracks. officials say that one of the 15,000-gallon car leaked a hazardous chemical. >> and they're currently assessing all of that to see what needs to be dug out to make sure it's all captured. cheryl: that chemical sodium hydroxide is used to make paper, soap. it's not clear what cause it had derailment. at least no injuries were reported. lauren: calling off planned mergeer valued $35 billion. the justice department filed a lawsuit last month to block the merger saying the combined company would raise prices and
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hurt innovation. halliburten will face but watch the stock today. cheryl: first what's happening over in asia. china, shanghai, that is closed. in japan big loss there. there's concerns about the yen and what that's going to do with the economy. hang seng closed in china. south korea's kospi down. lauren: many markets in europe are closed today. the dax in germany up 83 points. the cac in paris up 13. cheryl: u.s. tech market futures recovering a little bit after friday's selloff. we ended up 100 points. dow looking by 22, s&p by 3, and nasdaq up by 3 as well. lauren: $45, 45 cents a barrel. down 1%. terrific month of april of 20%.
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now we have some profit-taking going on. gold about $7 to 12.95 an ounce. cheryl: just in time for driving season. puerto rico's government will not make 370 million-dollar bond payment after failing to restructure or finding political resolution of debt crisis. lawsuit from creditors and should be showing us what's going to happen if that much larger payment doesn't get made. puerto rico's governor can't be paid without cutting school and hospital services and calling for a bailout from congress. lauren: take a look at the headlines. first off, hulu best on cable tv service. streams feeds of popular broadcast and of popular tv channels. inan effort and making art on
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the run. there's an app for that. creative bikers and runners, digital runnings of the routes. more than 150 turns and with that apparently he drew yoda, cheryl. [laughter] cheryl, well, corporate america continues to rother earnings this week. investors are going to hear from pfizer tomorrow. it's a dow component. growth and new treatment for cancer and art arthritis. at thetesla is going to report and also expected to discuss for model three. that is tesla's mass market car. analysts expecting disappointing profits.
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a daibt cause it had company for growth. lauren: liz claman is in shareholder meeting in omaha. usually he does not say who is going to succeed as ceo but he did talk about that with liz. >> will will be a successor. [laughter] >> you don't want to give a name ever, do you? >> might change. lauren: hasn't happened in over 50 years. we will tell you why this cruise ship is doing something very special. you're watching fbn:am, first look at morning markets and breaking news. keep it here. or becoming the next highly-unlikely dotcom superstar. and us, we'll be right there with you, helping with the questions you need answered
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cheryl: it is 5:15 a.m. in new york. let's get you what's happening now. last-minute campaigning before primaries. polls show donald trump and hillary clinton leading but senators ted cruz and bernie sandest will be till the end. the company has called opposition from regulators and the governor of puerto rico say the island nation will not make 370 million-dollar bond payment. that's due today.
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this could be a sign before july 1st. ahead of the opening bell. positive opening on monday. dow looking up by 30 and s&p up by 4. that's what's happening now, lauren. lauren: thanks, cheryl. chairman and ceo warren buffet, our liz claman spoke to him. >> there will be a successor. [laughter] liz: you don't want to give a name ever, do you? >> it might change. liz: the choice may change. the choice may change. >> it makes sense to anyone. liz: just like it never makes sense to offer dividend. some day is new, you have never said that before.
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>> i said it in the 50's anniversary report. liz: well, now you're saying it exactly. lauren: the richest minds with liz claman, live interviews with warren buffet and microsoft cofounder bill gates. i would like to add up all their money. cheryl: exactly. carnival cruise underway to miami to cuba. cuba losening its policy from arriving by sea, seven-day cruise and scheduled to dock in havana this morning. it will travel every other week from miami to cuba and booking from $1,800 per person and that includes food, i believe. lauren: and quite an experience. jungle book reign supreme at the
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box office once again. >> forget about your worries. >> what's that? >> that's a song about the good life. lauren: we will have the weekend box office winners for you. golden warriors win again without steph curry. that's tomorrow night. those stories much more. right now checking in on u.s. stock market futures. s&p futures higher by 4 and nasdaq kicking up may breaking a seven-day losing streak. you're watching fbn:am, first look at morning markets and breaking news. look at that
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call or go online and switch to x1. only with xfinity. >> mogly belongs to my pack. >> mogly, they've given him a man. what is it, we've adopted man to a jungle? let me remind you a man cub becomes man and man is forbidden . >> cheryl: , yeah, the jungle book topping the box office for the third week in a row. held to the top spot with $42.8 million. the huntsman barely held onto number two spot.
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people love cats, remember. mother's day opening at number four and barbershop, with $6.1 million. lauren: i have a lot of movies to see. a storm system ripping through louisiana, can the snow system make its way here. welcome back, maria, where were you? maria: i was on vacation across the plains, we were actually chasing some storms out there and there were tornadoes reported across places like oklahoma and texas, unfortunately and a lot of the unsettled weather has moved east ward and now dealing with storms on the east and a lot of moisture with the storm system. there's potential for isolated severe weather across southern parts of mid atlantic but those temperatures, they're a little bit on the chilly side specially
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as you head further west. denver, 31, 36 in rapid city. as we head in the afternoon temperatures are going to stay quite cool across the midwest with highs reaching the 50's, take a look at the southern u.s. start to go feel like summer. 90-degree forecast in tampa florida and make it into the 80's in atlanta and raleigh. lauren: maria, thank you very much. cheryl: let's take a look at the latest from the world of sports, despite steph curry the warriors beat raptors and thompson became first player in nba history to make at least seven 3-point shots. steve curry watched from the bench.
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toronto raptors beat the indiana pacest in first round of playoff series. scored 30 points. it was toronto's game in history. toronto going to face miami folks tuesday night in toronto, they call them the heat. miami heat they eliminate it had charlotte hornets, miami won two elimination games to take the series 4-3. lauren: it was the end of an era last night for performing elephants used by wringling brothers, last of performing elephants marched, the final performance of 145-year-old tradition for the elephants taking part and the big top, animal rights activists, the last 11 will join a herd of 29 elephants also in residence at
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wringling center for reservation in florida. cheryl: you can see them there in florida. u.s. stock market futures looking like this right now. different story from friday. you had a major selloff there. >> s&p 500 by 3. nasdaq up almost 3. big companies coming up. more earnings coming. >> let's take a look at commodities. >> you have oil down, 49 cents a barrel. 12.98 an ounce. cheryl: coming up. he's now calling himself the presumptive nominee. donald trump has a big lead in indiana as voters go to the polls tomorrow night. >> cruz cannot win, he's not no highway. he's not nothing. he's way behind. cheryl: we are going to have the latest on the campaign trail. at
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deregular -- deregular first look at breaking market markets and breaking news heart valve problem, pradaxa helps stop blood cells from pooling in the heart... forming a clot... which can travel to the brain and cause a stroke. pradaxa was better than warfarin at reducing stroke risk in a study. in the rare event of an emergency, pradaxa has a specific reversal treatment to help you clot normally again. pradaxa is not for people who have had a heart valve replacement. don't stop taking pradaxa without talking to your doctor. stopping increases your risk of stroke or blood clots. ask your doctor if you need to stop pradaxa before any planned medical or dental procedure. pradaxa can cause serious, and sometimes, fatal bleeding. don't take pradaxa if you have abnormal bleeding. and seek immediate medical care for unexpected signs of bleeding, like unusual bruising. pradaxa may increase your bleeding risk
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cheryl: breaking news this morning. the battle for the hosher state heats up. 15-point lead over ted cruz in indiana. good morning, i'm cheryl casone. lauren: hi, cheryl, i'm lauren simonetti. ted cruz and bernie sanders will stay in the race until the bitter end. we have the latest from the campaign trail. cheryl: dow ending with a gain. checking u.s. stock market futures ahead of opening bell on monday. dow pointing up by 21. s&p looking by 2 and a half. lauren: markets in china closed for the may day holiday.
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in japan the nikkei sinking over 3% on worries that arising yen will hit that nation exports. >> cheryl: oil prices shot up almost 20% for the month of april. 45.47. lost of 45 cents. lauren: 35 billion-dollar deal fall ago part in oil sector after opposition from u.s. regulators, oil giants baker hughes and halliburten throwing in the toil from the merger plan. cheryl: gathering in omaha for shareholders meeting and liz claman there spoke to warren buffet about who will replace him. lauren: golden state warriors beat without star steph curry. cheryl: it is 5:30 a.m. in new york. welcome to fbn:am, first look at morning markets, breaking news
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and what to expect for the day ahead. lauren: all right, let's do it. cheryl: donald trump ahead by 15 points, the latest wall street poll-nb poll showing trump with 49%. john cosake -- kasich has 13%. cruz has 565 and kasich has 153. on the democratic side the same poll showing hillary clinton leading bernie sanders by 4 points, she's got 50% support by while the vermont senator has 46%. clinton has 2,165 delegates right now. sanders with one thousand 367. special coverage of the indiana primaries is tomorrow night starting at 6:00 p.m. eastern time right here on the fox business network. lauren: indiana which has 57
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delegates. our jeff flock has more for us. jeff: it comes down to this and a lot of it is what they call retail politician, maybe you see carly fiorina kind of there one-on-one. something that trump campaign had not done a lot of. big rallies, yes, but cruz and fiorina relying on the hand to hand combat. a lot of handshaking and individual selfie taking trying to converge the state one voter at a time. of course, the endorsement of the indiana governor has to help with some of his organization perhaps as well. also the cruz-fiorina campaign believe to do a better job on the on-the-ground organizing. the big rallies are one thing
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but the one-on-one, that may have a big role to play as we go toward the all-important tuesday vote. who's to say who has the edge? the polls have been mixed but this sort of thing certainly doesn't hurt. that's the latest from the campaign trail. lauren: jeff flock in indiana, thank you. cheryl: meanwhile trump sat down with chris wallace for an exclusive interview sounding confident of nomination. >> if you win indiana tuesday, is this race over? >> yes, it's over. i think it's over now but it's over. cruz cannot win. he has no highway, he's not going and way mind, i'm leading him by millions and millions of votes and i'm leading him by 4-500 delegates. he can't win. cheryl: well, ted cruz disagrees, he says there's going
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to be an open convention in july. >> i think regardless of what happens in indiana, donald trump is not get to go 1237, no one is get to go 1237. i'm going to have a ton of delegates. of course, not. it's going to be a battle to see who can earn a majority of the delegates elected by the people at the convention. cheryl: candidate who does well there, can be expected to take the most of those delegates available, now, the winner of the state will likely get at least 45 delegates. lauren: bernie sanders says that his path on the nomination is flipping delegates, the party insiders are overwhelming behind hillary clinton. >> the superdelegates where she is beating us 10 to 1 because obviously she's the establishment candidate.
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our argument is take a look at which candidate is better suit today beat donald trump. every poll that i have seen national and statewide says that bernie sanders is the stronger candidate. lauren: and clinton campaigning in indiana is appealing to the state's female voters. >> i will defend a woman's right to make her own health care decision. and i really support the women across this state, republicans, democrats, young, old, everybody, standing up against this governor and this legislature and their restrictive legislation. [cheers and applause] lauren: 83 democratic delegates up for grabs tomorrow in indiana. cheryl, well, some tragic weather to tell you in texas leaving six people dead following flash floods over the weekend there. this happened in east texas. a 64-year-old women and four grandchildren died after trying
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to escape flooded home. one residents spotted bodies floating as the water receded. >> we went out there and got them. my brother did, but we couldn't -- cheryl: well, long-time residents said they have never seen such devastating floods. the residents work to go clean up and recover what they can. lauren: commuters in washington, d.c. in for a tough commute after a train derailed during metro stop yesterday sending 15 cars off the tracks. one of the 15,000-gallon cars leaked a hazardous chemical. >> but we did about half of that, leaked into the rail bed into the gravel and ground underneath it and they are currently assessing all of that to figure out what needs to be dug out in order to make sure it's all captured. lauren: that chemical sodium
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hydroxide to make household products. no trains will be running on the tracks this morning which are used by csx and amtrak and the commuter rail system. t not clear what caused the derailment and no injuries fortunately were reported. cheryl: halliburten and baker calling off, regulators claim it would hurt competition in oil field services industry. lawsuit last month to block the merger. the combined company would have raised prices and hurt innovation. hallibur, the en will pay a break-up fee to baker hughes. lauren: the ones that were opened traded to the downside, the nikkei in japan down 3.1% overnight. cheryl: in europe, taking a look at what's happening over there
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right now, we are up in running. in germany dax 83 points. lunchtime over there. cac in paris upside. lauren: s&p futures 2 and a half and nasdaq 2 and a half as well. cheryl: take a look at what's happening with oil. 45.57, that's a loss of 35 cents. still strong, though. gold up 11 bucks and change. lauren: big week for data. investors will be paying close attention specially with uncertainty over when the federal reserve will raise rates. the economy has expected to add about 200,000 jobs in april, now the unemployment rate has predicted to remain unchanged at 5% as for hourly wages, they're expect today increase two tonts of 1%, we also saw three tenths of 1%.
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cheryl: today's edition of the wall street journal coming out. hulu, tv services, new subscription services with fees of popular broadcast and tv channels. apolo bid for takeover. the move in order to salvage the takeover from the university of phoenix owner. quote, making art on the run, there is an app for that. this one is pretty fun. creative bikers and runners using gps systems to use digital drawings of their routes. he drew yoda. lauren: corporate america continues to report earnings this morning. investors will hear from pfizer. first-quarter results driven treatments for cancer. tesla reports on wednesday.
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electric car maker will reverse cash burn in first quarter. also expect toddies cuss robust orders. and herbalife reports on thursday, disappointing profits from the nutritional maker. a database error caused a company to overstate growth in new members over the past three quarters. cheryl: well incident coming up, big weekend in omaha, liz claman with warren buffet. he did talk about it with liz. >> there will be a successor. [laughter] liz: you don't want to give a name ever, do you? >> it might change. liz: the choice may change. >> yeah. cheryl: so we will have a lot more from what rent buffet. we will tell you why this cruise
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lauren: welcome back to fbn:am, it's 5:45 a.m. in new york. last-minute campaigning in indiana today before tomorrow's primary. poll shows donald trump and hillary clinton leading, but senators ted cruz and bernie sanders say they are in the race to the end. the 35 billion-dollar oil merger between halliburton and hughes is dead, the company is calling it off because of opposition of regulators on several continents. the government of puerto rico will not make payment today. checking in on u.s. stock market futures ahead of the opening bell. the new month of may this month
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and starting it on the right note. 1 7up points higher, s&p higher by 2, nasdaq futures climbing 1 point, cheryl. [laughter] cheryl: exciting 1 point, suspect -- isn't it? those in attendance heard from chairman and ceo warren buffet and ceo. our liz calaman spoke to him about something buffet has never said before. >> there will be a successor. [laughter] liz: you don't want to give a name ever, do you? >> it might change. liz: the choice may change? >> yeah. liz: the choice may change? >> yeah, the choice may change. it never makes sense to anyone. liz: just like never offer dividend on the stock? >> some day, yes. liz: some day knew, you have
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never said that before. >> i said it in the 50th anniversary report. i didn't say exactly that way. now, you're saying it exactly that way. cheryl: the richest minds with liz. . . . . liz clayman. lauren: first cruise from u.s. port. carnival, 700-pager left miami bound for havana on a 7-day cruise. carnival said it will travel every other week from miami to cuba and bookings $1,800 per pont. i've been to cuba. cheryl: let's do it. most of you probably been to the
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movies, jungle book to the movies reigns again. >> what's that? >> that's a song about the good life. cheryl: the golden state warriors win again without steph curry. those stories and a lot more coming up. checking u.s. stock market futures as we go to break. the dow pointing up by 18, s&p two and a quarter and nasdaq up less than a point. we will take it. you're watching fbn:am, first look at morning markets and breaking news. i'll save the day! for plumbers and bakers and scapers of lawn, she's got customized coverage you can count on.
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>> mogly belongs to my pack. >> mogly, they've given it a name. >> a man cub becomes man and man is ford -- forbidden. cheryl: topped third week in a row. $42.4million this weekend and it's now made over 684 million globally. the huntsman barely hold onto number two spot with just under $9.4 million. the cat comedy, of course, you want to see it, 9.3 million, i'm a cat person. mother's day not performing so well.
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ing so $3 million and barbershop, the next cut rounded up the top five rounded up 6.1 million. lauren: all right, let's take the latest from the world of sports. thompson carried warriors over trailblazers and curry watched from the bench as he rehabbed the sprain knee. game two is tuesday night in oakland. toronto raptors beat indiana pacers last night in game seven of the first round playoff series to advance to face miami in the conference semifinals. toronto will face miami tuesday night in toronto. heat eliminate it had charlotte hornets yesterday. in sunday night baseball, a classic red sox-yankees game, vázquez made a two-run home run sending red sox toking-7
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victories over yankees. three hits and travis shaw homer for boston. yankees have lost five in a row. boston has won seven of eight to move into first place in the al ale. cheryl: did you see this insane see at the speedway yesterday? seven cars. one car sent rolling three times before coming to a stop. johnson chet went spinning and this wreck set off by contact, fast contact as the race had just passed the mark.
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lauren: rains in parts of louisiana. the national weather service extending flash flood for all of southern louisiana including new who are lanes and baton rouge area. maria: good morning, it's going to be messy across the gulf coast and northeast. it's going to be a little bit on the damp side out there across the northeast. you're dealing across parts of pennsylvania and western new york and you can see showers and storms as well across places like louisiana and texas. rather unsettled out there across a big chunk of the eastern u.s. on the west, though, temperatures quite cold, only in 30's and as we head in the afternoon, temperatures across the southern u.s. are going to feel very summerlike but in
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midwest and chicago staying on the cool side, temperatures only reaching the 50's later today. let's head over to you. lauren: all right, maria molina, thank you. cheryl: coming down we will run down global market action overnight before we hand it over to mornings with maria. stay with us [airplane sounds]
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cheryl: you know, even though we had a down day on friday, the markets had a good month and the dow a gain in the entire month. anyway, s&p higher as well. oil at 45.63. and, of course, we are looking at all the big currencies. greenback against the euro right now, euro is gaining streak but the pound is up, peso, let's call that flat and a lot of concern about the japanese yen. here is the yield on the ten-year treasury. 1.18%. that's it for fbn:am. let's head it over to mornings with maria, maria bartiromo. maria: it is monday may second.
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top stories right now at 6:00 a.m. in the east coast. candidates holding events across the state fighting for every-vote well, donald trump, he's confident that he will be the nominee, watch. >> cruz has no highway. he's way behind. >> all across the country millions of americans right now are praying, you're being listed up in prayer. maria: we will have the latest polls heading into tomorrow's big votes straight ahead. oil giants halliburton and baker hughes calling off the deal. why they walked away after the justice department filed a suit to block the deal, we are looking at how the regulatory environment is preventing growth. police officers injured at after fireworks
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