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tv   FBN AM  FOX Business  May 4, 2016 5:00am-6:01am EDT

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live sunday may 22nd, 8/5 pacific, only on abc. >> will make america great again. we will start winning again. you'll be so proud of this country very soon. >> to have a heart, but with boundless optimism, for the long-term future of our nation we are suspending our campaign. >> codependence software was supposed to lose. nicole: is starting item politics as donald trump takes control after ted cruz drops out
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of the republican race for the white house. john kasich vows to fight on. good morning. i am nicole petallides. lauren: i am lauren simoneeti. the top issue for voters the economy will have it all. nicole: the doubt taking 144 points yesterday. economic roads in oil prices. let's check out stock market futures this morning down 54 points in the last hour or so. s&p 500 down seven. lauren: for the golden week holidays today is actually national greenery day. and china's shanghai composite edging fractionally lower. after citing another 2.5% yesterday, let's look at oil right now. but they'll down 2 cents.
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lauren: one of the biggest recalls in u.s. history is about to get bigger. why to qaeda might recall another 35 million airbags. traded to the golden state warriors win again without their star, tran 11. the miami heat taken over time brother. we will have all the highlights. lauren: it is wednesday, may 4th. thank you for joining us. "fbn:am," the latest breaking news and what to expect that they had. nicole: donald trump winning the indiana primary getting closer to securing the nomination. texas senator ted cruz dropping out of the race. trumka 63.3% of the vote in the hoosier state. brisket 36.6%. john kasich has 7.6%. connell mcshane with more from new york's trump tower.
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>> donald trump began by thanking his family and he moved on. and >> ted cruz, i don't know if he likes me or doesn't like me, but is one of a competitor. he is a tough, smart guy. he has got an amazing future. i want to congratulate ted. reporter: the republican national committee chairman reince priebus said@real donald trump will be the nominee. we need to unite and focus on defeating hillary clinton. >> i want to thank and congratulate the republican national committee and reince priebus who i just spoke to. he's doing a tremendous job.
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it's not an easy job when you have 17 egos. now it's down to one. reporter: technically that is not yet true as john kasich remained in the race same kasich has plans to campaign in the state of california. after taking today off he has plans to resume campaigning tomorrow in west virginia the night thank you, connell mcshane. lauren: jeff flock joins us now from indianapolis. >> as results started coming in and it became clear that texas senator was in for a crushing defeat leading to just a handful of counties there is hope that crews would continue his campaign. two of them never trump packs issued statements saying despite the indiana result they would
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continue to fight on. it became clear that was not going to happen. he would only stay in the race if there's a viable path to the jury. apparently the path has been foreclosed by the results in indiana. >> from the beginning i said i would continue on as long as there is a viable path to the jury. tonight i'm sorry to say, it appears that path has been foreclosed. >> that leaves one challenger left to donald trump in the race for the gop nomination. next, nebraska. we will see where that goes. lauren: thank you so much. in the meantime, governor kasich will continue to campaign and offer the voters a clear choice
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for our country. nicole: vermont sanders beating hillary clinton in an upset. sanders gets 52.5% while clinton is 47.5%. he is getting after this victory. >> i understand the secretary clinton thinks this campaign is over. i've got some bad news for her. tonight we won a great victory in indiana. next week we are going to be in west virginia. we have a real shot to win in the great state. lauren: heller clinton is ahead in the delegate count without mentioning dean appeared donald trump is the presumptive gop nominee. she'd been now if you agree we can't let him become president.
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nicole: led off west virginia coal miner challenged hillary clinton on comments about the coal industry was on after the bell yesterday. >> i didn't hear the first part of the statement where she said she would bring cleaner energy jobs to the coalfield, but i am hurting now. there's a lot of families hurting going without right now. we are not worried about down the road. we are worried what we are going to do for families now. nicole: this after clinton's remarks in march. >> i'm the only candidate which has a policy about how to bring economic opportunity using clean renewable energy as the key in the coal country. we are going to put a lot of coal miners coal companies out of business. nicole: she later apologized and called her remarks in a statement. bill copley told reporters clinton's apology did not slay him and he would've liked to hurt more of what her plan is.
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lauren: the navy seal, grandson of the late arizona financier in the 1980s savings and loan scandal. the arizona governor made the announcement yesterday after isis militants stormed through defenses set up a kurdish push market forces. the first u.s. soldier to be killed to devise an assassination in the country. transfer wildfire with the largest evacuation in history the canadian providence. officials in four records say a whole neighborhoods have been destroyed. 80,000 residents ordered to leave the earth untried plants burn out of control. officials don't know how many have been -- the fire department tries to keep everyone safe. the city has asked the military
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for help to fight the fire. lauren: let's say you cut up a global action overnight. japan's stock markets closed. the shanghai composite edging slightly lower in china. the hang seng in hong kong down three quarters of 1%. nicole: let's look at europe right now as we look at down arrows across the board despite better-than-expected earnings for shall. right now we are looking at the london trend and down half a percent. german dax down half a percent. lauren: yesterday fell in his continuing in the free market. dow futures down by 57.8 nasdaq futures down by 18 s&p 500 down by a period a lot of reports coming out. adp private employment, factory orders, investors ahead of the reports. nicole: a look at oil and gold at this moment he had oil right
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now of 2 cents at 4366 a barrel. gold done seven and a half dollars. lauren: the euro, pound, canadian dollar, pace and japanese yen lower. nicole: a look at the 10 year treasury yield. what we saw yesterday was people running for the safe haven of treasury about rate hikes and will take a look at that in the little bay. lauren: regulator is expected to announce as early as today that 35 million million additional airbags they'd have to be fixed. already the largest recall in american history. the airbag can explode. hundreds of entries have been linked to the defect. today's edition of "the wall street journal."
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the last holdout of the energy reporting first-quarter earnings that were sharply lower compared to one year ago. cbs result boosted by the super bowl. cbs is the first-quarter earnings rose by 20%. super bowl 50 boosted the advertising sales. prosecutors say more charges again martin shkreli with alleged fraud against drug company retro. lauren: we will get earnings from time warner. before the opening bell and looking for the opener of cable channels cnn to report it than expected increase. tesla motors will report its results after the closing bell. analysts watching to see whether the carmaker will deliver positive flow for 2016 and become profitable. you en masse to discuss orders for the new model three, tesla's
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first mass-market car looking pretty popular. nicole: the battle for indiana is over. donald trump now becomes the presidential nominee from the gop and aimed his sights on hillary clinton. >> we are going after hillary clinton. she will not be a great president. she will be a poor president. nicole: a shocker for bernie sanders says he takes down the hoosier state. we will see how the economy factored into the pole. you are watching "fbn:am" come to your first look at morning markets in breaking news. ♪ [ beep ] but you'll be glad to see it here. fidelity -- where smarter investors will always be.
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lauren: welcome back. 5:15 a.m. here in new york. donald trump won big in indiana yesterday. his victory so huge that senator ted cruz called it quits. he was suspending his campaign after truncated 53-33%. john kasich staying in the race. bernie sanders said hillary clinton in the primary keeping his message alive but didn't gain ground in delegates. the state's total is split evenly between sanders and clinton because they are awarded
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by vote totals. the recall to cut a airbags could double as early as today. regulators set to announce 35 million more airbags me to be fixed. 11 deaths. checking in on u.s. stock market futures this land day down 69 points. nasdaq futures down 22 points this morning. this morning's cover of "the new york post" read hoosier daddy. the newspaper celebrating trump all but clinching the gop nomination after winning indiana with half the vote. how did he pull off this huge win? reporter: donald trump taking the win defeating senator cruz and here is why. conservatives in indiana say they are either somewhat more moderate.
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donald trump taking most of the voters. among the conservative 32% am a ted cruz when the voters that they made it to small the margin to put them over the top. also looking at the economy. they are somewhat right about the economy and of those 50% went to donald trump, 38% went to cruise and a percent went to john kasich. we are also looking at outsiders donald trump throughout the long primary season as the majority of voters and 58% of republicans won a political outsider. donald trump taking a minimum those who want those outside the beltway to come into the white house. also looking at the close democratic race between hillary clinton and bernie sanders. other democrats who voted in the primary, take a look. as to who they think will be better to beat donald trump in november. big piece of data we want to
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show you right here. gop has been known to be fractured throughout the entire race. on the democratic side they are very unified. 72% feel the campaign has energized their own party. an interesting stat as we head into west virginia. nicole: jo ling kent, thank you very much. a driving force on both sides of the aisle. 57% of democrats concerned about the economy voted for bernie sanders, helping to pull off an exciting win the hoosier state. lauren: coming up, a broadway play makes history. ♪ hamilton scores a record for tony nominations. in the nba playoffs, golden state warriors win again without
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their star, tran 11. an overtime thriller against toronto. checking in on stock index futures, down .4%. s&p futures down about the same. nasdaq futures half a percent. you're watching "fbn:am," your first look at morning markets in breaking news. ♪ ♪ (music pl♪ throughout) uh oh. what's up? ♪ ♪ ♪ does nobody use a turn signal anymore? ♪
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so strap yourselves in for action flo! small business edition. oh, no! i'm up to my neck in operating costs! i'll save the day! for plumbers and bakers and scapers of lawn, she's got customized coverage you can count on. you chipped my birdbath! now you're gonna pay! not so fast! i cover more than just cars and trucks. ♪ action flo did somebody say "insurance"? children: flo! ♪ action flo cut! can i get a smoothie, please? ooh! they got smoothies? for me. ooh! they got smoothies? e.t. phone home. when you find something you love, you can never get enough of it. change the way you experience tv with xfinity x1.
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>> the broadway show hamilton has made history. the hip-hop musical about america's first treasury secretary nominated for 16 awards, more than any other show in broadway history. hamilton was dominated in every single category in two of the categories they hamilton actors will be competing against one another. winners will be chosen by eight and 46 voters of producers, performers and other professionals and they will be announced on june 12th. try to get tickets. nicole: a look at u.s. stock market futures trading to the downside over the last hour. dow jones futures down six and nine. lauren: oil trading with enough there was just 7 cents. 43.73 is as the quote. gold done $9.
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now the latest, golden state warriors show again they can win without factory. cheering them on from the bench, the warriors beat the trail blazers 199 mustang. where's i became on the western conference. the warriors entered the fourth quarter down 11 points. the first leg midway to the quarter. could be back for game three and i will be on saturday. the miami heat won in overtime of game one. scoring 26 points. seven of his 24 in overtime after kyl lowry improbable three-pointer capped a six-run comeback in the final seconds of the regulation. game two thursday night in toronto.
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five to four victory over the new york islanders last night. tampa bay now has a two-game lead in the second round series. the lightning tied the game for the best-of-seven series friday night. nicole: if you get your news from place to come you might only get one side. a new report finds social media site like listing sites. the team who assembles the news is made up of people who worked for a left-leaning news organization. this comes weeks after he was ceo promised facebook would never try to influence people on how to vote. nicole: capitalism and glamour yesterday courtesy of karl lagerfeld and his latest collection of celebrities including model bunch and arrived for the runway show on one of commitments made
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boulevard. the show was a throwback to pre-revolutionary cuba complete with models arriving in vintage convertibles could chanel is the very first major fashion house told the runway show in cuba since restoring relations with the u.s. the cubans can even dream of affording them. lauren: an historic night in politics they take indiana and becomes the presumptive gop nominee. bernie sanders in the democratic race vows to stay in until the very end. >> we feel great about tonight not only winning in indiana, but also gaining the momentum we need to take us to the finish line. lauren: big numbers and what drove voters to the polls. one of the biggest recalls in u.s. history is about to get a lot bigger. we will tell you why japanese terms may be recalling another 35 million airbags.
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you are watching "fbn:am," your first look at morning markets and breaking news. ♪
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sfx: loud poorly played electric guitar that sounds awful but a lot better than last week ♪rock guitar music ♪we weren't born to follow and if you have afib - an irregular heartbeatls. that may put you at five times greater risk of stroke - they can pool together in the heart, forming a clot that can break free, and travel upstream to the brain where it can block blood flow and cause a stroke.
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go with pradaxa, the only blood thinner that lowers your stroke risk better than warfarin and has a specific reversal treatment. eligible patients could pay as little as zero dollars on co-pay. ask your doctor about pradaxa today. >> we will make america great again. we will start winning again. you will be so proud of this country very, very soon. >> with a heavy heart with boundless optimism for the long-term future of our nation, we are suspending our campaign. >> i know all the pundits thought was the part to lose. lauren: is stunning and politics is donald trump takes control after ted cruz drops out of the republican race for the white
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house. john kasich vows to fight on. good morning. i am lauren simonetti. nicole: good morning. i am nicole petallides. the top issue for the voters, the economy. we will have it all. lauren: the dow sank 140 points yesterday and worries about opal growth and falling oil prices are checking in on stock market futures added the opening bell down 59 points. s&p futures on a .5. nicole: the golden week holidays and week holidays in today's national gregory dave japan and china did the shanghai composite lower. lauren: in yesterday's stock selloff yesterday's stock selloff a master slide another 2.5% yesterday, oil rising to send. $43.57 a barrel. nicole: one of the biggest recalls in u.s. history is about to get bigger. japanese firm to economy recall another 35 million airbags.
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the golden state warriors on again without their start, seth currie and the miami heat take a thriller against toronto. it is 5:31 a.m. the year in new york this wednesday, may 4th. welcome to "fbn:am," your first look at today's markets, the latest breaking news and what to expect that they had. lauren: donald trump wins the indiana primary getting closer to securing the presidential nomination. texas senator ted cruz dropping out of the race. trump gets 53.3% of the vote. cruz gets 36.6% and ohio governor john kasich 7.6% good connell mcshane has more from new york's trump tower. reporter: donald trump began by thanking his family and moments later he moved on to his chief opponent who suspended his campaign right before trump began speaking.
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ted cruz, i don't know if he likes me or doesn't like me, but he is one of a competitor. he is a smart, tough guy. [applause] and he has got an amazing future. he's got an amazing future, so i want to congratulate ted. the republican national charity commitment sub six said donald trump will be the presumptive nominee. we need to remind them focus on beating hillary clinton. >> i want to thank and congratulate the republican national committee and reince priebus so i just spoke to. he's doing a tremendous job. it's not an easy job when you have 17 egos. now i guess he is down to one. i don't know, is there a second?
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reporter: technically that is not yet true as john kasich remained in the race at this camp and say that kasich has plans to campaign in the state of california. trump after taking today off as plants themselves to resume campaigning tomorrow in west virginia with a trip to nebraska also planned for friday. back to you guys. nicole: for more on senator cruz decision, from indianapolis, jack. >> as results started coming in indianapolis it became clear that the texas senator was sent for a crushing defeat leading than just a handful of counties as the night wore on. cruz would love to continue his campaign. two of them never trump pacs issued statements despite the result they would continue to fight on. when cruz came out surrounded by all his family, it became clear
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that was not going to happen. saying he would only stay in the race if there was a viable path to the area. he said apparently that path has been foreclosed by the result in indiana. >> from the beginning i've said i would continue on as long as there was a viable path to the root. tonight i'm sorry to say it appears that path has been foreclosed. >> at least one challenger left to donald trump in the race for the gop nomination. next case, nebraska. with a single that goes, laura nicole. nicole: thank you, jeff flock. issuing a statement saying governor kasich will continue to campaign and offer the voters a clear choice for our country. trent returning to the democratic side. vermont senator bernie sanders beating clinton in the indiana primary in a major upset.
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sanders gets 52.5% to clinton's 47.5%. he is claiming victory in momentum after victory. >> i understand that secretary clinton thinks that this campaign is over. i've got some bad news for her. tonight we won a great victory in indiana. next week we are going to be in west virginia. we had a real shock to win in that great state. nicole: clinton is still way ahead of sanders. finishing a tweet last night saying donald trump is the presumptive gop nominee. shipping now if you agree we cannot let him become president. lauren: lit up west virginia coal miner recently challenged hitler clinton on her comments about the industry.
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listen. >> i did near the first part of the statement where she said she would bring clean manner jobs to the coal fields, but i am hurting now. there's a lot of families hurting and going without right now. we are not worried about down the road. we are worried about what we will do for our families now. lauren: these were clinton's remarks made back in march. >> i'm the only candidate which has a policy about how to bring economic opportunity using clean renewable energy as the key in the coal country because we are going to put a lot of coal miners and coal companies out of business. lauren: she now calls those remarks in the statement. she told reporters clinton's apology did not sway him and he would've liked to have heard more of what her plan is for the whole country. trade to the navy seal killed in
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iraq crisis has been identified as charley keating, grandson of the late arizona banker involved in 1980 savings among candle. making the announcement yesterday, keating was killed and her bill in north iraq after ice militants stormed through defenses set up by kurdish forces. he's the first u.s. serviceman to be killed by a isis well identifies and assist mission in that country. transfer the wildfire forces evacuation in alberta. officials say entire neighborhoods have been destroyed. more than 80,000 residents ordered to leave as flames burn out of control in the city. fire officials don't know how many homes have been destroyed. so far no reports after the fire department tries to keep everyone safe. the city -- for the military to come in and fight the fire. nicole: let's get a market check.
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the global market action would've been seen. the shanghai composite index down a 10th of a percent. the case japan closer a couple a couple days. hank saying in hong kong three quarters of 1% of the south korean cost me half of a percent. trade -- the cac in paris down half of a percent. nicole: a couple fed speakers continuing this or that may put a damper on the market. commodity sell enough done 140 and the dow yesterday. we are down 78 for the dow futures, s&p futures down 11. lauren: oil traded right now with the down arrow. down four days in a row. down three pennies. goldbach $9. nicole: lauren: to recall a cicada grinned dramatically. reported to announce as early as today 35 million additional airbags have to be fixed and
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that would be more than double what is already the largest automotive recall in american history. the airbags can unexpectedly explode. at least 11 deaths worldwide have been mulling to this defect. lauren: here's a look at the headlines. oil price up evil has the largest u.s. refiners. ter last holdout of the energy earnings that were sharply lower compared to a year ago. cbs results boosted by the super bowl. first-quarter earnings rose by 20% as the broadcast of super bowl 50 boosted the media giants ad sales. prosecutors say more charges again martin shkreli are likely. the alleged fraud against drug company. we look at earnings from time warner before the opening bell. the owner of cable channel cnn and cartoon network with a better-than-expected increase in revenue and profit.
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tesla will report its latest results after the ballot analysts will watch if the electric car maker is on track for positive cash flow for 2016 to become profitable. elon musk to discuss orders for the model three. tesla's first mass-market car at 232 and change. we will stay or for the maker of jell-o in oscar mayer meats is reported better-than-expected first-quarter profit. the forecast and comments on the industry. transfer the battle for indiana is sobering ted cruz is a casualty. donald trump now becomes the presumptive nominee and aims his sights right on hillary clinton didn't. we are going after hillary clinton. she will not eat a good president. she would be a poor president.
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lauren: shocker for bernie sanders says he takes on hillary clinton in the hoosier state. what drove indiana voters to post the stunning results? we will see how the economy factored in. check in u.s. stock index futures now, dow futures down 89. s&p futures down 12. nasdaq futures down 28. your first look at morning markets and breaking news.
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nicole: 5:45 a.m. let's get caught up on what's happening out a donald trump won big in indiana. his victory was so big senator ted cruz has called it quits. cruz said he was suspending his campaign after trump even 53 to 36%. governor john kasich staying in the race. another bernie sanders upset hillary clinton in the primary keeping it as a july the city did not gain ground in the delegate to the state total was split almost evenly between sanders and went in because they are awarded by the total. the recall could double as early as today.
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regulators set to announce 35 million more of these airbags need to be fixed. 11 deaths reported in the voting airbags. look at how stocks are faring after the fall yesterday. dow futures down 102 seems to be trending lower over the last couple hours. s&p 500 down 14. looking to the downside what is happening now. lauren: thank you, nicole. the newspapers celebrating trump all but clinching the gop nomination after wending indiana without a bow. so how do these have this huge win? jo ling kent breaks down the exit polls for us. >> donald trump defeating ted cruz and here is why an indiana say they are either somewhat or moderate. most of the voters and among 32%
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ted cruz won those voters. they made a too small of a margin to put them over the top. the majority of people in indiana are somewhat worried about the economy. 38% went occurs in a percent went to john kasich. we are also looking at outsiders throughout this long primary season. they want a political outsider. no surprise donald trump taking the win over those who want someone from outside the beltway to come into washington and to the white house. the very close democratic race between hillary clinton and bernie sanders. the primary take a look. as to who they think will be better to beat donald trump in november. a big piece of data we want to show you right here.
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they've known to be fractured throughout the entire race. on the democratic side they are very unified. 72% say they feel this campaign has energized their own party. an interesting status they had into west virginia. worries about the economy were a driving force for indiana voters on both sides of the isle yesterday. 57% of democrats helping him pull off a surprising win in the hoosier state. >> a broadway play making history. ♪ >> hamilton scores a record for tony nominations. we will tally well about it. the golden state warriors won again. without their star seth currie.
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all the highlights coming up to check in at u.s. stock market futures on a jobs report today hacking on to yesterday's futures down 14. you are watching "fbn:am," your first look at morning markets and breaking news. ♪ show me top new artist.
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ah, ha ha. show me top male artist. my whole belieber fan group. it's not a competition, but if it was i won. xfinity x1 lets you access the greatest library of billboard music awards moments, simply by using your voice. the billboard music awards, live sunday may 22nd, 8/5 pacific, only on abc.
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e.t. phone home. when you find something you love, you can never get enough of it. change the way you experience tv with xfinity x1. is not --
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♪ the broadway show hamilton has made history. the hip-hop musical about the first treasury secretary was nominated for 16 tony awards. that is than any other show in broadway history. hamilton was nominated in every single category and two of the categories are hamilton actors will be competing against one another. the winners will be chosen by 84600 voters made up of exit producers, performers and other professionals and will be announced on june 12. lauren: let's take a look at u.s. stock market futures. a sellout on one of seven. s&p futures on 14, nasdaq down 31-point. nicole: let's see what oil is doing back and forth over the line this morning. now it is down night in tents and 46 a barrel.
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gold pulling back at 12.7 data trails. the state for your show again they can win without seth currie. the portland trail blazers one last night. the warriors now have a two games to none lead in the western conference semifinal series. the warriors entered the fourth quarter down 11 points but midway through the quarter and never looked back. could be back for game three on saturday. in overtime in game one of their eastern conference semifinals areas, dwayne wade had seven on the 24 in overtime after kyl lowry tied it at the buzzer. the three or capped the comeback in the final 20 seconds of regulation but was scoreless for the first game two thursday night toronto.
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chicago cubs defeated the pittsburgh pirates last night as jake areata continues to dominate. he scatters with the seven shutout innings. it raised a record as he struck out five and walked two. seven of eight and moved five games ahead of pittsburgh in my mouth sensual. nicole: a new report finds the social media site is blacklisted conservative news sites and choosing articles for more liberal side such as "the new york times." the report found that the team who assembles the news is made up of people who work for a left-leaning news organizations. this comes week after mark zuckerberg promised that this site would never try to influence people on how to vote.
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nicole: celebrities including super monorail and actors arrive for the runway show on one of -- a throwback to pre-revolutionary cuba a complete with models arriving in vintage convertibles. chanel is the first major fashion house to hold a runway show in cuba since relations at the u.s. just so you know, should not does not currently sell any goods in cuba. nicole: before we hand it over to "mornings with maria." right now the dow futures down for. s&p futures down 13. a strong u.s. dollar this morning. more "fbn:am" after the break.
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if legalzoom has yourk.s get . visit legalzoom today for the legal help you need to start and run your business. legalzoom. legal help is here. >> we are selling off over the last hour after 140-point loss yesterday. dow futures looking down 110 points. s&p futures down toward teen. they seen a strong dollar today can the eurocom again and the pound. we are seeing strength in the u.s. dollar and racing commodities. oil back and forth. now we'll turn it over to "mornings with maria." nicole petallides, thank you
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very much. i am senator smith. maria bartiromo has the morning off. it is one day, may 4th in top stories that takes a.m. eastern time. indiana was a make or break state and it did just that. ted cruz has been in his run for the white house. trump the presumptive nominee taken a different tone as he looks towards the general election. >> together we left it on the field in indiana. we gave it everything we've got. but the voters chose another path. >> i don't know if he likes me or doesn't like me, but he is one of a competitor. he is a tough, smart guy. [applause] and he has got an amazing future. he's got an amazing future so i want to congratulate

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