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tv   FBN AM  FOX Business  May 10, 2016 5:00am-6:01am EDT

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nicole: breaking news this morning, the battle for west virginia is hours away. recent polls show bernie sanders may take both of them. lauren: good morning, i'm lauren simonetti. house speaker paul ryan says he will step down as chairman if asked to by donald trump. we will have the latest on that. nicole: well, let's check out u.s. stock market futures this morning. nice pop, up 118 for dow futures, s&p up 14. lauren: in asia nikkei jumped
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after prime minister announced that he would intervene. nicole: after dropping almost 4% yesterday, let's check out in the volatile crude oil. it's up 39 cints. lauren: tornadoes ripping across the plain states leaving two people dead. nicole: plummeted april sales and warned about profits. lauren: stef steph curry returns from a knee injury and carried warriors to victory over trail blazers and miami heat with overtime win. nicole: good morning, everybody, it's 5:01 in new york, welcome to fbn:a first look at morning markets, breaking news and what
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to expect for the day ahead. lauren: a deadly stabbing spree at a train station. some witnesses say the suspect shouted ala, which mines god is great in arabic as he went onrampage. 27-year-old german national is now under arrest. we will have all the latest development as we get them and bring them to you. nicole: hillary clinton and bernie sanders clashing in primary, recent polls senator sanders leading, 29 democratic delegates will be awarded today. lauren: two states holding primary. adam shapiro has the latest from charleston, west virginia. >> the issue driving voters to
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the polls today in west virginia, jobs, this is coal country and obviously coal as you all know has suffered, nationwide disappeared year over year and here in west virginia, unemployment 6.5%. a lot of men and women used to work in coal industry. donald trump knows that and it's one of the reasons they support donald trump but also support bernie sanders, sanders came over hillary clinton at least among the voters. the issue that rebounds of people that are liberal or conservatives, jobs, in this state coal employment is down 9.6%. the obama administration's coal policies have helped decline coal industry as electricity in the united states shift from being generated by coal and natural gas.
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so the outcome of today's primary while people knows who is going to win from the republicans and who is going to win for the democrats, the outcome is a statement of what's really happening to the coal industry. thank you. nicole: make sure you tune in tonight for fox business of special coverage of primaries starting at 7:00 p.m. eastern time in the fox business network. lauren: state department claimed that it could not from to and from from pagliano. this comes after the republican national committee filed a lawsuit seeking all work-related emails that he sent or received. rnc spokesperson issuing the statement saying it's hard to believe that an it staffer who set up hillary clinton reckless service never went or -- sent or
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received e-mail as he worked in the state department. nicole: proposal to raise taxes on the wealthiest americans. presumptive republican nominee was on mornings with maria yesterday. >> i said of the proposal, i may have to raise it a little bit because this is a negotiation. i may have to raise it. maria: on the wealthy, highest earners? >> the middle class has been decimated in the country. i'm going to fight hard for the middle class. i'm not talking raise from where they are now, i'm talking about raise from low proposal. nicole: chris christie will lead transition team to prepare per possible presidency. christie dropped out and then endorsed donald trump. lauren: house speaker paul ryan
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to step down as chairman if asked by donald trump. >> i'll do whatever he wants with respect to the convention. the point i would make is i just think it's important that all wings of the party come together to get ourselves at full strength. lauren: trump is said to meet with ryan thursday and also meeting with senate gop leaders on the same day. nicole: tornadoes tearing through the great plains killing at least two people in oklahoma. the twisters destroyed homes and stripped the bark from trees, one resident described how he survived the storm. >> i was inside the house, by the patio door and i had a hold of the door just like that, i had tied on that wood, but you could feel the whole house
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shaking and rumbling. nicole: he grabbed onto a tree and road it out the man suffered cuts and scrapes. get the latest forecast from fox meteorologist maria molina coming up from oklahoma. lauren: 88,000 residents forced to evacuate by wild liar can return from them. alberta premier, 2400 homes were destroyed. as we are waiting on the sound bite, i do want to point out that firefighters managed to save 25,000 other people including the hospital, including schools there. premier met with local officials and got direct look at the damage caused by the fire.
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nicole: u.s. ships by china sea. navigated to within 12-miles of cross reef, operation was aimed at challenging china eastertorial claims to artificial islands there. lauren: treasury secretary jack lew was in puerto rico hoping to add pressure to republicans in congress to move quickly for rescue package. he's supporting a restructuring, not a bailout. >> what we have said that to solve the problems there's only so many choices, we structuring with oversight is the right solution, if you don't do that, then you either have chaos or a bailout.
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but we are not talking about a bailout. we structuring -- we are not talking about a bailout. >> last week you wrote the congress you said without legislation a taxpayer funder bailout may become the only legislative course to address crisis. >> right, peter, trying to characterize what congress is working on as being a bailout. the reason that's so dangerous. it is the alternative to the bailout. there's not a taxpayer dollar involved in restructuring. restructuring is what a business goes through. lauren: last week puerto rico decalled most of the 422 debt payment and may debaltimore another 2 billion that joms due july 1st. nicole: let's get you caught up on the global market action
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overnight. that's up about 2%. hong kong hang seng and kospi 3 quarters of 1%. consumer price index in china rose for the third month in a row. lauren: still trading to the upside. .9%. dax in germany 1.1% and cac in paris also higher. nicole: dow dropped to the 30 yesterday but today we see up arrows. s&p futures up 14. lauren: checking price of oil, 43.91 a barrel. gold almost 1 dollar to 12.67 an ounce. nicole: accused facebook to altering formula to suppress conservative news.
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facebook denies any political bias and spokesperson said in the statement that it takes the allegations of bias very seriously. trending topics shows you the popular topics and #s and there are rigorous guidance in place. the guidance do not permit the suppression of political perspective. lauren: let's take a look at the stock to watch. wallet disney topping the list today. the company will release second fiscal quarter earnings, whether the number of subscribers continue to fall. we can get an update for a new chief operating officer. he was widely seen as the apparent disney ceo and he plans to retire in two year's time.
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plunging after reporting worst than expected sales and issued a profit warning and hurt first quarter loss but forecast for 2016. nicole: mass migration to central america to america giving concern about who is coming across the board. >> we don't know who we are releasing and we don't know what they're capable off. nicole: where are they heading next. report from fox meteorologist maria molina from oklahoma. up arrows across the board. you're watching fbn:am, first look at morning markets and breaking news
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lauren: welcome back to fbn:am. good morning to you, it's 5:15 a.m. in new york. voters in west virginia gol to polls today. for democratic primary polls show that bernie sanders is leading hillary clinton there. 29 democratic delegates will be awarded. nebraska and west virginia hold republican primaries today. house speaker paul ryan says if donald trump asks him to, he will step down as chairman of the republican national convention in july. trump said to meet with speaker ryan thursday morning. at least two people were killed yesterday when storms and tornadoes tore through south central oklahoma, our meteorologist maria molina will
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be there with live report. checking u.s. stock market futures ahead of the opening bell. dow futures higher by 110 points, s&p futures higher by 13, nasdaq gaining 25 here in the premarket. that's a look at what happens now, nicole. nicole: massive surge across southern border. nearly tripled the number of families than last year. fox news williams takes the details for you. >> lauren and nicole for context, this exodus from central america largest mass migration since cuban boat lift in 1980. there are three kinds of illegal immigration, those who arrive as tourist, those who sneak over the border and in this case immigrant who want to get arrested, turn themselves in and
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claim asylum, a back door with lengthy process that they can ignore and never get deported. 28,000 unaccompanied children from honduras, guatemaland el salvador arrived at the border seeking asylum. that's almost double last year in the number of families is 32,000. that's higher than the surge of 2014 and tripled last year, because our jails are full and backlog in the courts of 800,000 cases there's a 5-year wait just to see a judge. so agents simply release them and including many believe gang members. >> we don't know who we are releasing and we don't know what they're capable of. >> you can't find out if they murdered or raped. why is this happening? telling imgrans grants to stay home, that failed too. there's no consequence. they get released to friends or politics. if you believe donald trump you need to get here now before he
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builds a wall and if it's secretary you need to get here to qualify because she favors allowing those who are already here to stay. so what does it tell us, they are both pushing factors drawing immigrant of central america while fear of violence and so is economics and our own failed immigration policies. nicole: thank you very much. lauren: drug kingpin el chapo guzmán reportedly to the united states, brought to brooklyn federal court and wanted to numerous jurisdictions, transfer will likely happen next month. el chapo has been in mexican prison after escaping through an elaborate tunnel. nicole: coming up, at least two people are dead from tornadoes breaking through oklahoma city overnight. oklahoma, i should say.
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reports from fox meteorologist maria molina who is in oklahoma and in the nba playoffs steph curry carries golden state warriors to victory. miami heat tied series over raptors, we will have all the highlights for you. you're watching fbn:am, first look at morning markets and breaking news. [ soft music ]
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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. shoah, ha ha.ew artist. 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 sic awards moments, simply by using your voice. the billboard music awards, live sunday may 22nd, 8/5 pacific, only on abc. lauren: at least two people have
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been killed as violent storms continue to take a toll on the great plains, tornadoes touching down in oklahoma, some more than a mile wide with 100-mile an hour winds, mornings with maria is in elmer, city oklahoma with the latest. maria: severe weather all the way from nebraska and arkansas and oklahoma. oklahoma suffering in terms of activity, through oklahoma city and we are about 45 minutes south of oklahoma city, so the storms fired up just to the wis of the interstate, continued through east ward and exploded and pretty much started rotated as soon as they formed. we saw tornado touching down and multiple reports and severe damage to homes. right now we are just to the southeast of elmer city in a
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town called katie, damage to homes, down trees and we will be bringing you updates throughout the morning. as far as severe threat for today continues to shift south and east ward as the storm system continues on the move, damaging winds, large hail and more tornadoes and tornado threat does include places like texas, including the city of dallas, you could be seeing severe weather out there. you're looking at threat for severe across parts of arkansas and also to the north including states like kansas and nebraska and even farther more than that. it continues throughout the day today and forecast to continue through tomorrow as well. let's head over to you in new york. >> stay safe, mornings with maria thank you so much. >> let's turn it to the latest to the world of sports.
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came back from knee injury to 132-125 over the portland trail blazers last night. curry scored nba record, finishing with 40. golden state has three games to one lead in western conference semifinals. curry is going to be straight second mvp award earlier today. two games a piece with 94 to 87 overtime win last night. dwayne wade gave them five and toronto wednesday night. nhl playoff dallas stars scored three goals in third period and held to 3-2 wins over st. louis blues, the stars fourth game 7 wednesday night. national predators to decide seventh game by beating san joée sharks last night.
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stored at 2-3 into overtime. game seven on thursday night. lauren: coming up battle for west virginia, will bernie sanders take more delegates follow hillary clinton? >> lit us have the largest voter turnout in democratic primary's history. [cheers and applause] lauren: we will have the latest on the race for the white house. one of the stocks we are watching today gap, latest retailer to get crush. the stock down art reporting april sales plummeted. checking in on stockics exfutures, s&p futures almost 2012 points this. you're watching fbn:am, first look at morning markets and breaking news. it's 5:26 on the east coast these guys represent blood cells.
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lauren: breaking news this morning, battle for west virginia just hours away. recent polls show bernie sanders may take most of them. good morning to you, i'm lauren simonetti. nick nibbling good morning, i'm nicole petallides. on the republican side house speaker paul ryan says he will step down as republican convention chairman if asked to by donald trump. we will have the latest on that. lauren: in markets two-day winning streak yesterday, let's check u.s. stock market futures, nasdaq gaining 23. nicole: nikkei jumped 2% after japan's prime minister said he
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might intervene, in china higher. lauren: 43.79-barrel. nicole: tornado rips across the plain states leaving two dead. we will have live report from maria molina in oklahoma. lauren: gap is a stock to watch today and warned about future profits. nicole: steph curry returned from a knee injury and carried golden state warriors to victory over trail blazers. maim-- miami tied the series. lauren: it's 5:31 a.m., thank you for joining us. nicole: deadly stabbing spree at
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a train station in germany, one person died in a hospital after the attack. three others were wounded. some witnesses say the suspect shouted as he went on rampage. that suspect 27-year-old national is now under arrest. lauren: also breaking this morning hillary clinton and bernie sanders clashing in the west virginia recent polls show senator sanders leading the former secretary of state 29 delegates, democratic delegates will be awarded today. nicole: west virginia and nebraska, donald trump will move closer to securing the 1237 delegates that are need today make his nomination official. adam shapiro has the very latest from charleston, west virginia. >> good morning, nicole, good morning, lauren. the issue driving voters to the poll today in west virginia jobs, this is coal country and
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obviously coal has suffered. nationwide disappear over year and here in west virginia unemployment is 6.5%. a lot of notes men and women used to work in coal industry. donald trump knows that and it's one of the reasons west virginiaans support donald trump but they also support bernie sanders. the issue that resounds for people who are liberal or conservative jobs. in this state, coal employment is down 19.6% and that's just from 1012--- 2012-2014. so the outcome of today's primary while people pretty much
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know who is going to win for the republicans and who is going to win for the democrats, the outcome really is a statement about what's happening to the coal industry. back to you. lauren: thanks for breaking it down adam shapiro. make sure to tune in tonight, starts at 7:00 p.m. eastern right here on the fox business network. nicole: new development from the e-mail scandal. it could not find any emails to and from hillary clinton aid who managed her private e-mail server, that aid was hired by the department after setting up the e-mail server. this comes after the republican national committee filed a lawsuit seeking all work-related emails sent to or received by him. rnc spokesperson issues statement in quote, it's hard to believe that an it staffer who set up hillary clinton's reckless e-mail server never sent or received a single work-related e-mail in the four
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years he worked at the state department. lauren: donald trump clarifying his tax plans including a proposal to raise taxes on the wealthiest americans, the presumptive republican nominee was on mornings with maria yesterday. listen. >> i said of the low proposal, yeah, i may have to raise it a little bit because this is a negotiation. i may have to raise it. maria: on the wealthy. >> the middle class has been decimated in this country. i'm not raising it and i'm not raising the business but i could see the wealthy getting raised. i'm not talking raise where they are now, raise from my low proposal. chris christie to prepare and then christie endorsed donald trump. nicole: house speaker paul ryan opens the door as stepping down as republican convention
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chairman if asked to by donald trump. >> i'll do whatever, he's the nominee, i'll do whatever with respect to the convention. the point i would make that i think it's important that all wings of the party comes together. nicole: paul is said to meet this thursday. lauren: tornadoes tearing through the great plains killing at least two people in oklahoma. twisters overturn cars an stripped the bark from trees, one resident described how he survived the storm. >> i was inside the house. i was by the back door, i had a hold of the door just like that. i had tied in the wood, you could feel the whole house shaking and rubbling.
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lauren: in nebraska the home owner didn't make it inside so he grabbed onto a tree and road it out. we will get the latest from fox meteorologist maria molina, that's coming up next. she's live on the ground in oklahoma. nicole: canadian officials will have a plan so 88,000 residents force today evacuate by wild fire can return to home. alberta prem ear, richard says about 2400 homes were destroyed. >> i will say that i was very much struck by the power of the devastation of the fire. it was really quite overwhelming in some spots. nicole: firefighters managed to save 25,000 others including hospital and schools. icials yet and got first direct look at the damage caused by the fire.
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lauren: state of north carolina and justice department filing opposing lawsuits yesterday over north carolina bathroom bill. law bans transgender people from using bathrooms that don't match the tbender on their birth certificates. loretta liñ says it's discrimination. >> never looks good and not good in hindsight. it was not too long that north carolina had signs keeping people out. lauren: north carolina governor pat mccory accusing the federal government of blatantoverrage am. nicole: jack lew in puerto rico yesterday to move quickly on rescue package for the territory. fox business exclusive lew told peter barnes that he's
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supporting a restructuring, not a bailout. peter peter what we have said that to solve the problem there's only so many choices, we structuring with oversight is the right solution. if you don't do that, then you either have chaos or a bailout. we are not talking about a bailout. we structuring is the alternative for bailout. pete pet but you need last week you wrote congress that without legislation, quote a taxpayer bailout may become the legislative course to address escalating crisis. >> right, bill, they are trying to characterize what congress is working on incorrectly as being a bailout. the reason that that's so dangerous, it's the alternative to a bailout. it's not a bailout. there's not a taxpayer dollar involved in restructuring. restructure asking what a
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business goes through when they go through chapter 11. nicole: 422 million-dollar debt payment and made default on 2 billion-dollar payment that comes due july 1st. lauren: time to get you caught up in global market action overnight. you have the change shy in china barely higher but close with the game. nikkei in japan souring 2%. kospi in south korea up three quarters of 1%. nicole: credit swiss came out with great numbers. pandora the jewelry maker. we are seeing the german dax up 1% and london the ftse up nearly 1%. lauren: mixed relatively day yesterday, stock futures roaring back. nicole: let's check out key commodities, watching oil and gold specifically. oil is up 41 cents, 43.85.
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today relatively unchanged, 12.66 troy ounce. lauren: specific stolls including wallet disney. subscribers at espn continue to fall. also surge for new chief operating officer. he was widely seen as the air parent to disney. he plans to retire in two years. gap plunging after reporting worst than expected sales. wider than expected first-quarter loss but did back a key earnings forecast for the year. nicole: mass migration from
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south america to the united states leaves question of who is coming across our border. >> we don't know who we are releasing and what they're capable of. nicole: tornadoes rip across, where are they headed next. report from maria molina in oklahoma. s&p futures up 12. you're watching fbn:am, first look at morning markets and breaking news.
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nicole: well, it is 5:45 a.m. in new york. voters in west virginia go to polls for democratic primary. polls show that bernie sanders is leading hillary clinton. 29 democratic delegates will be awarded. nebraska and west virginia hold republican primaries today. house speaker paul ryan say ifs donald trump asks, he will step down as chairman of the republican national convention in july. trump is set to meet with speaker ryan thursday morning. at least two people were killed yesterday when storms and tornadoes tore through south central oklahoma. our own meteorologist maria
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molina is there. let's check out u.s. stock market futures this morning after mix yesterday. s&p futures up 13. lauren, that is what's happening now. lauren: thank you, nicole. border patrol officials are warning about massive, catching double the number of unaccompanied minors and nearly trip it will number of families than they did last year. >> lauren and nicole for context, this exodus is the largest mass migration since the cuban boat lift in 1980, there are three kinds of illegal immigration, those who arrive at tourist and never leave and those who sneak over the border and immigrant who want to get arrested, turn themselves in and claim asylum, back door which triggers lengthy legal process that they can ignore and never get deported.
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in the last six months 28,000 unaccompanied children arrived seeking asylum, that's almost double and the number of families 32,000, highest than the surge and triple last year. because the jails are full and backlog in the courts of 800,000 cases there's a five-year wait just to see a judge so agents simply release them including many believe gang members. >> we don't know who we are releasing and we don't know what they're capable of. >> you can't find out if they're murdered or if they molested minors, you can't find out if they raped. >> telling immigrant to stay home, that failed too. there's no consequence, asylum seekers get release today friends and family. if you believe in donald trump you need to get here now before he builds a wall, if you get
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hillary clinton, she favors allowing those who are already here to stay. so what does it tell us, they are pushing poll factors drawing immigrant here from central america while fear of violence may be part of it, so is economics and our own failed economic policies. lauren and nicole, thank you. lauren: thank you. nicole: coming up at least two people are dead from tornadoes railling through oklahoma overnight. live report for you from maria molina. she's in oklahoma. steph curry returns from knee injury and the miami heat tied series with overtime win over raptors. let's check out u.s. stock market futures, we are seeing up arrows in asia, europe and here at home.
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s&p futures up 12 and a half. you're watching fbn:am, first look at morning markets and breaking news.
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nicole: at least two people have been killed as violent storms continue to take a toll on the great plains. tornadoes touching down in oklahoma. some more than a mile wide with 100-mile an hour winds. our own maria molina in katie, oklahoma joins us by telephone with the very latest, maria.
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maria: that's right, in katie, oklahoma, out here we have encountered severe damage. appears to have been a home, lifted from foundation incident only foundation is left and we will be gathering more information here over the next couple of minutes as we continue to talk to people and also a mobile home and severe damage out here and what happened yesterday was we had the area of low pressure continuing east ward and brought severe weather including tornadoes as far north as iowa and nebraska, right now the radar looks quiet here and storms are heading eastward, we could see another round of severe weather in texas, farther
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off towards the north into kansas and nebraska and threat continues tomorrow yet again. let's head over to you in new york. lauren: 132 132-125, game five is wednesday. source says that curry is supposed to be named second straight mvp award as early as today. miami heat highed eastern conference series at two games a piece with overtime win over toronto raptors last night. game five in toronto. dallas stars scored three goals in the first period and held to 3-2 win over the st. louis blews.
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stars force game 7 wednesday night. national predators force deciding seven game by beating the san josé sharks 4-3 last night. game seven is thursday night. a source familiar with negotiations says that strasburg, $75 million over seven seasons all starting in 2017. nicole: here is some news for you, united states has now first national mammal, president obama signed into law a resolution yesterday making the bison the country's first national mammal, millions of bison once lived across the great plains but only about 30,000 wild bison roam the country, supporters say they deserve recognition that could bring greater attention to recovery efforts to the spicies.
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the belgium brew we are wants td of summer holidays like memorial day and fourth of july and you also have the olympics this summer, but the label would say america rather than budweiser. nicole: do stay with us, dow futures up 103, s&p futures up 2 if you're running a business, legalzoom has your back. over the last 10 years we've helped one million business owners get started. visit legalzoom today for the legal help you need to start
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as it turns out, we have very similar personalities. and this cat makes me make art,
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because he's always motivating me to take pictures of him, to draw pictures of him. he just is motivating artistically. it's just that simple. well, he's my best friend, but a lot of people know him as keyboard cat. [playing upbeat tune] nicole: asia and europe have up arrows and so do we. still up about 93 points for futures after drop of more than 30 yesterday. we are seeing s&p and nasdaq higher. let's take a look at commodities and watching oil right now, gaining 38 cents at 43.82. that's the latest here. we are going to turn it over to mornings with maria and maria bartiromo. maria: hey, there's, nicole. thank you so much. hi, everybody, happy tuesday. i'm maria bartiromo, it is tuesday may tenth, top stories 6:00 a.m. on the east coast.
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it is the battle for coal country. polls opening in west virginia in about half an hour. donald trump presumptive republican nominee and bernie sanders expect today beat hillary clinton today but neither clinton nor trump will lock up enough delegates to earn the nomination outright. >> big differences between the democrats, between senator sanders and myself and the republicans because both of us have plans to make college affordable and obviously i think my plan is better. >> don't let anybody tell you this campaign is over, we are going to fight for the last vote we can find. >> we are going to meet a as i understand it on thursday. i look forward to the meeting, i hope to be positive, and if it's not going to be positive, that's okay also. maria: emails two

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