tv FBN AM FOX Business August 29, 2016 5:00am-6:01am EDT
5:00 am
>> breaking news this morning. donald trump says he will have a major policy speech on immigration this week while hillary clinton faces more pay to play allegations this time involving the president of china. good morning, i'm lauren simonetti. nicole: good morning, i'm nicole petallides. federal reserve chair janet yellen signals interest rate hike could be coming as soon as as next month. this job's release could make or break the rate rise. lauren: the dow down 157 points last week. let's check in right now to see how stock market futures are shaping up ahead of the opening bell.
5:01 am
nasdaq futures down 2 and a half. nicole: weaker yen could help japanese exports. nikkei up and in china fractionally lower. lauren: oil prices moved in a big way last week. down 1.3%. nicole: big night for the music industry. we will have the story. lauren: the vma's. in sports, the yankees missed chance to move up in wild card race after winning four in a row . highlights coming up. nicole: 5:01, we welcome you fbn:am, first look at what's today ahead. lauren: trump tweeting i will be
5:02 am
making a major speech on illegal immigration on tbhens the great state of arizona, big crowd looking for a larger venue. mean while republican vice presidential nominee mike pence says trump stands on immigration is steady. >> his position and principles have been consistent. we are going to build a wall and enforce the laws in the countries in sanctuary cities, implement e-verify and we will have a mechanism for daling with people in this country that you heard the word humanely again. it's going to be fair and tough but no path to legalization or citizenship unless people leave the country. he said that consistently. lauren: trump indicated he might be backing up plan to deport 11 million illegal immigrant back to their home countries.
5:03 am
it's planning up to date up to $10 million on commercials, those plan to begin airing as early as today in nine ohio, pennsylvania and north carolina. nicole: more possible connections between the clinton foundation and the state department while hillary clinton was secretary of state. in emails dated december 2010 officials discussed potential guest for a lunch of china's president, the possible guests pe cuetives from group that is donated millions of dollars to the clinton foundation. the state department's actions were always taken with the intent to advance our foreign policy interest and with no other intent in mind than that. lauren: libertarian gary johnson working hard to get into the presidential debates. the candidate must have an average of 15% support. in five national polls to make
5:04 am
the debate stage, the former new mexico governor sitting down with chris what were wallace on fuse news sunday. >> would you agree that if you don't get would be game over? >> winning the election. the presidential election commission has identified five polls we are at 10% flat on those five polls and that's an increase really of 4% con sen uis, over the last six or seven weeks, we are optimistic that we are going to get into the debates. lauren: first scheduled september 21 in new york. nicole: residents in south florida are bracing for a tropical depression that could dump 4-inches of rain on that state. a hundred miles of key west. sandbags are being stockpiled as people head to the stores for
5:05 am
food, water and other mñ supplies, separately a tropical storm watch has been issued for part of north carolina coast which could be see heavy rain early this week. lauren: two brothers under arrest in chicago in connection with the shooting death of the cousin of nba star dwyane wade. charged with first-degree murder in friday's shooting of 32-year-old aldrige. aldrige gun downed as he attempted to register her child to school. police say they both on parole were targeting a driver who had just dropped off passengers in a neighborhood. >> these two offensers are the prime example of the challenge we face in chicago with repeat
5:06 am
gun offenders that don't care who they shoot, they don't care whose lives they take and clearly don't feel the consequences of their actions. lauren: john sop has called for stiffer sentences for repeat offenders. nicole: reports of a gunman opening fire turned out to be false. those reports did cause panic for people to run out of the airport last night. [sirens] nicole: police say a person wearing a zorro custom was arrested and the false alarm caused traffic mess and flight delays. >> if that's not crazy, two united airlines due in court in scottland reportedly being taken
5:07 am
off the plane drunk on saturday. pilots were removed from service. the plane made the trip with two new pilots ten hours late. nicole: let's get you caught up on market action that we have been seeing overseas. the nikkei is popping. that is big news there. 2.3%. the yen pulled back. toyota seeing positive for monetary stimulus once again. shanghai down. hong kong, hang seng that's down one-third of one percent. lauren: let's check out stocks in europe. london markets closed today. cac in paris down and dax in germany down 70 points. nicole: don't forget janet yellen on friday saying that the case has strengthen in recent months for a rate hike. we saw the dow down two weeks in allow.
5:08 am
dow down 10, s&p down 2 and nasdaq down 3. lauren: let's check in on commodities, oil and gold. oil is down 1.3%. gold down $3.22 an ounce. nicole: apple ceo tim cook cashing in big time. cook received more than one and a quarter million shares of apple stock valued around $135 million. those shares were previously restricted. cook reportedly sold $36 million worth of stock and used another 71 million to cover taxes. reports says cook has reach it had halfway point the stock compensation plan that could see him awarded 1 million shares by the year 2021. lauren: job's report for august is due friday and could play a critical role in a federal reserve decision and expect today show the u.s. economy
5:09 am
created 180,000 jobs after rising 250,000 in july. as for unemployment rate, expected to drop 4.8%. average hourly earnings, those expected to be down as well. nicole: herbalife is one of the stocks to watch today. shares rally 4% in extended trading on friday. investor bought 2.3 million shares of the nutritional supplement company. move is the latest development tug of war and ril hedge fund manager bill who claimed that ikon was claim to go sell company. the company's comment follow report which is known for shorting stocks, share price will fall. on the earnings front, we will get a second quarter earnings
5:10 am
result from abrecrombie&fintch as it works to turn around its business. lauren: health plan choices shrink and the monopoly threat rises. there's a new studies that suggests there could be one option for coverage under obamacare in nearly a third of the country's counties next year. an internet give away to the un, united nations might take end of next month if the u.s. gives up oversight and anemic ipo market is pois today rebound. a flood of share debuts is expected to envying rate ipo market but this revival might actually be short lived. nicole: number one spot at the box office this weekend with
5:11 am
$26.1 million. >> are we good. >> sleeping beauty. >> why did you bring a gun? nicole: that's giving me chills. a delinquent girl, boyfriend and friend attempt to rob a blind man's house takes a terrifying turn. >> three-week winning streak earning $12 at the box office. sausage party with $7.1 million. lauren: coming up the university
5:12 am
of chicago with blow on campus, jeff flock has latest on that. big night for the music business last night. >> we've been doing this for over ten years individually and to be up for an award for best new artist is a constant reminder that you continue to create and evolve. lauren: we will have the winners from the mtv video music awards. futures bright and early, dow futures down 11, s&p futures down just about 2. nasdaq futures giving up 4. you're watching fbn:am, first look at morning markets and breakingnews. ♪ ♪ ♪
5:13 am
(announcer vo) so wherever work takes you, you can put your customers first. introducing one talk-- another way verizon connects your business better. learn how at onetalk.com. juswho own them,ople every business is different. but every one of those businesses will need legal help as they age and grow. whether it be help starting your business, vendor contracts or employment agreements. legalzoom's network of attorneys can help you every step of the way so you can focus on what you do. we'll handle the legal stuff that comes up along the way. legalzoom. legal help is here. [announcer] is it a force of nature?
5:14 am
5:15 am
nicole: come on, give up rise and sunshine. 5:15 a.m. in new york. let's get you caught up on what's happening now. donald trump says he plans to make a major speech, that's his joat on immigration accident occurring his stop in arizona on wednesday. trump's immigration policy has been in question lately after he appeared to soften his position. recently released emails reportedly show more connections between the clinton foundation donors to hillary clinton while secretary of state. the emails discuss potential guest for a lunch with china's president. the reports say some of the possible guests donated millions
5:16 am
of dollars to the clinton foundation. the economist predict 180,000 new jobs were created in august, down from 255,000 in july. let's check out u.s. stock markets future ahead of the opening bell. we did see a sell-off. the biggest sell-off since the biggest british exit. s&p futures down 2, nasdaq down 4. lauren, that's what's happening now. lauren: some of the negativity is continuing this week. colleges and universities across the country establish safe basis to shelter students from speakers and topics that makes them uncomfortable. one university saying not here. freedom of speech in chicago campus you jeff flock has the story. jeff: lauren and nicole on the campus of the university of
5:17 am
chicago, there would be no more trigger warnings, there would be no more safe spaces, that according to a letter sent to the incoming class of 2020 by the dean of students. here is a quote from that letter. letters, members of our community are encourage today speak, challenge and learn without fear of censorship, at times it may challenge you and even cause discomfort. that from the dean of students to the incoming freshman class. i tell you, this commitment to free speech at the ufc goes a long way. take a look at the university that she issued on the subject of free speech on campus. the report says and i quote, it is not the proper role of the university to attempt to shield individuals from ideas and opinions they find unwelcome
5:18 am
disagreeable or offensive. conservative speakers like ben shapiro, remember his case in la, they tried to canningel appearance because students were protesting, some of his appearances around the country were canceled. to paul in chicago, he had severe protests that kept a lot of people from being able to hear what he said. here at the ufc says that they don't want that to happen. they are trying to make the campus safe for all to participate in. should be noted that the usc, not only one of the most respected colleges or universities in the world, it is also a private school. not buffeted by the political winds that some states have to deal with. it has endowment. endowment of 7.55 billion, with
5:19 am
a b dollars on the campus of the usc where the bells are ringing in the background somewhere. lauren and nicole, back to you. lauren: go back to class. nicole: the stars were out for mtv's music video awards and beyonce walking off as the night's big winner. >> i would like to think the the choreographers. nicole: in sports the yankees missed a chance to move up in the wild card race after moving four in a row. and red sox lose game. you're watching fbn:am, first look at morning markets and breaking news.
5:20 am
everyone thought i was crazy to open a hotel here. everyone said it's so hard to be a musician, but i can't imagine doing anything else. now that the train makes it easier to get here, the neighborhood is really changing. i'm always hopping on the train, running all over portland. i have to go wherever the work is. trains with innovative siemens technology help keep cities moving, so neighborhoods and businesses can prosper. i can book 3 or 4 gigs on a good weekend. i'm booked solid for weeks. it takes ingenuity to make it in the big city.
5:22 am
5:23 am
5:24 am
nicole: singer's dancers shot down one by one on the stage which say was representation of police brutality, comes after singer walked the red carpet with mothers of high-profile cases. lauren: rhianna a big winner of the night and later accepted the michael johnson award from drake. >> she's someone i have been in love with 22 year's old. she's a breathing, recipient of michael jackson vanguard award. lauren: one of the night's most anticipated performances was the return of britney spears, returning to the stage after nearly a decade. [music]
5:25 am
lauren: reviews were mixed. another surprise of the night came from these guys, olimpians, michael phelps introduced performance by rapper future and four of the five gymnasts presented beyonce with vest video award but gabi douglas was not there. other winners fifth harmony. nicole: the yankees lost a chance to move closer in the wild card race. 5 to nothing shot out. the yankees had won four in a row. new york is now three and a half games back for a wild card spot. recall hit a bases load triple
5:26 am
during eighth run, sixth inning over 10-4, david ortiz hit his 534 career home run tieing jimmy fox for 18 on the all-time list. boston last four of five and two games out of first in the al east. pitcher score it had deciding run on a pt fall in the fourth inning, struck out eight and gave up five hits in 2 to 1 win. first team from new york to win since 1964. lauren: coming up donald trump says he will deliver a major speech on immigration while vice presidential pick defends trump over the weekend.
5:27 am
>> he's been consistent on the principles. he was attacked from day one. lauren: you're watching fbn:am ♪ with this level of engineering... it's a performance machine. with this degree of intelligence... it's a supercomputer. with this grade of protection... it's a fortress. and with this standard of luxury... it's an oasis.
5:28 am
5:30 am
nicole: breaking news this morning donald trump announcing he will have a major policy speech on immigration this week. good morning, i'm nicole petallides. lauren: good morning, i'm lauren simonetti. federal reserve chair janet yellen signals that an interest rate hike could be coming as soon as next month and this week's release of the august job's report could be a make or break for rate rise. we will tell you what to expect. nicole: no doubt. the dow down 157 points last week. let's check in on u.s. stock market futures this morning ahead of the opening bell. down arrows. dow futures down and nasdaq down
5:31 am
6. lauren: nikkei up 2.3%, markets in china flat. nicole: oil prices dropped nearly 3%. let's check on oil at this moment. 46.99. down 1.3%. lauren: big night for music industry,ey bce big winner of mtv music awards but not without controversy. nicole: after winning four in a row, and the red sox lose game in their hunt for the al east league. all the highlights in sports for you. lauren: in the meantime we say good morning to you, 5:31 a.m., august 29, august is flying by. you're watching fbn:am, first look at morning markets and
5:32 am
breaking news. nicole: trump tweeting, quote, i will be making a major speech big crowds, looking for a larger venue meanwhile republican vice presidential nominee mike pence saying trump stance on immigration are steady. >> principls -- principles are consistent and implement e-verify and we will have a mechanism for dealing with people in this country that you heard the word humanely again. it's going to be fair and tough but no path to legalization, no path to citizenship unless people leave the country. he said that consistently. this comes after trump's recently indicated he might be backing off his plan to have a deportation force to send the
5:33 am
estimated 11 million illegal immigrant back to their home countries. meanwhile the trump campaign says it's planning to its biggest add by to date upward of $10 million on commercial airings, those ads are expected to begin airing as early as today and nine states including ohio, pennsylvania and north carolina. lauren: more possible connections between the clinton foundation and state department while hillary clinton was secretary of state. emails from december 2010 top officials from the two organizations discussed potential guests with lunch with the president of china, the possible guest included three executives from groups that donated millions of dollars to the clinton foundation while a clinton campaign spokesperson the state department's actions were, quote, always taken with the intent to advance our foreign policy interest and with no other intent in mind than that.
5:34 am
nicole: libertarian gary johnson working hard to get into the presidential debates, candidate must have 15% support in five national polls to make debate stage, former new mexico governor sitting down with chris wallace on fox news sunday. >> would you agree that if you don't get into the debates, is game over? >> yes, winning the election i would say game over. the commission has identified five polls. we are at 10% flat on those five polls and that's an increase, really, of probably about 4% consensus over the last six or seven weeks so we are optimistic that we are going to get into the debates. >> the first presidential debate september 26th in new york. lauren: tropical depression that could drop 4-inches of rain in the state. the heavy storms the system
5:35 am
brought to cuba and bahamas moving to gulf of mexico. could be a tropical storm, sandbags set by people head to the storms for supplies. it is expected to be a tropical storm by tonight. nicole: two brothers are under arrest in chicago in connection with the shooting death of a cousin of nba star dwayne wade, 26-year-old and 22-year-old are charged with first-degree murder of murder of nikia aldrige. pictures from daily break at the time of the murder. aldrige was gunned down as he attempt today register her child to school. both were targeting a driver who
5:36 am
had dropped off passengers in the neighborhood. >> these two offenders are the prime example of the challenge we face here in chicago with repeat gun offenders that don't care who they shoot, don't care whose life they take and clearly, clearly don't fear the consequences of their actions. nicole: johnson called for stiffer sentences for repeated offenders. lauren: ip date for you now at lax, terminals reopened at los angeles international airport after report of gunman opening fire. they turned out to be false. those reports caused panic, they cause people to run out of the airport last night, watch. [sirens] lauren: police say a person wearing a zorro custom was
5:37 am
arrested, later released. a false alarm. caused a traffic mess in the area and obviously led to some flight delays early this morning. getting flights back on track. nicole: two united airline pilots due in court today after reportedly being taken off a plane drunk on sat. the plane was about to fly from gako to new york with 141 passengers aboard. united said two pilots were removed from service, police confirmed that they were arrested, the plane eventually made the trip with two new pilots ten hours late. lauren: let's do a market check for you. in asia mostly down arrows, the big winner here with nikkei in japan surging 2.3%. the hang seng in hong kong down 4%. shanghai in china down
5:38 am
fractionally. nicole: let's check out what's going on in european trading thus far. down arrows in the uk trading is off today. cac quarante is down, right now 1%. dax in germany down nearly 1% this morning. lauren: let's see how u.s. stock market futures are shaping up this morning. dow down 20, s&p down 3, nasdaq futures giving up 6. we get august sales on thursday and job's report on friday. it's the long weekend, labor day weekend. weekend. nicole: gold is now down 2.60 at 13.23 a troy ounce. lauren: job reports for august is due on friday. this job's report expected to
5:39 am
create 180,000 jobs after rising 255,000 in july. forecast is for the unemployment rate to drop slightly to 4.8% and average hourly earnings are expected to tip down slightly. reaction to the report could be volatile because of light-trading volume in advance of long holiday weekend. lauren: no doubt. the wall street journal, security and exchange commission filing says that cook receives more than one and a half quarter million shares of apple stocks valued at $135 million. those shares were previously restricted. use another 71 million to cover taxes. the report says cook has reach it had halfway point of the stock compensation plan that could see him awarded 7 million shares by the year 2021. lauren: herbalife one of the stocks watching today. stocks are higher in premarket
5:40 am
trading after billionaire carl ikon bought 2.3 million shares. that was on friday. stock moving today. move is the latest development on tug of war between hedge fund investor bill who claimed planning to sell in the company. the company's comments follow a report from newedy water and on the earnings front we will get second quarter results from abercrombie and&finctch.
5:41 am
5:42 am
into the busy labor holiday, lawmakers are looking airlines are held to prepare meltdown, the ones that caused major problems for delta. >> pretty much the last industry to invest in the it that every other business have invested in. >> all the winners from mtv's music video awards, first looking at morning markets and breaking news
5:43 am
5:45 am
lauren: let's get you caught up on what's happening now. donald trump plans to make a major speech on immigration during his stop in arizona wednesday. trump's immigration policy has been in question recently after he appeared to soften his position. we will see. recently released emails reportedly show more connections between clinton foundation donors and hillary clinton while secretary of state. the e-mails reportedly discussed potential guests for lunch with china's president, the report says some of the possible guests donated millions of dollars to the clinton foundation, latest government job data is due out on friday and could have a major effect on federal reserve janet yellen suggestion that an
5:46 am
interest rate hike could be coming as soon as next month. let's check in u.s. stock market futures ahead of the opening bell. dow futures down 22 points and nasdaq futures down just about 7 points this monday morning, nicole. nicole: november 67%. dozen of airlines saw decrease. now travelers and some senators want some answers. fox news rob has the story. >> it really is hell. >> like many passengers purell has found himself stranded in the airport. this summer we saw examples how bad this can get when delta a
5:47 am
southwest paralyzed. airlines themselves were to blame for more flight delays than weather and air traffic issues. more than 323,000 flights that should have taken off on time. >> it's time for the airlines to update their it systems for the jet age. >> democratic senators both members of the commerce, science and transportation committee sent a letter to 13 different airlines including delta and southwest suggesting changes and asking about plans to avoid these bluntedders in the future. >> airlines should use record profits to invest in new technology and implement transparent and fair policies that protect and compensate the customer. >> trade group airlines for america says profit are being used. carriers are investing 1.5 billion per month in products and technologies to make flying better.
5:48 am
>> you have to make sure that production system is robust, building them to be as false or tolerant as possible, if you have failures in the system, other systems that can take over. joseph georgia -- >> it's the point that when the system that relies on those technologies when those systems failed, the business cannot run anymore. >> passengers want changes now. >> they need to come up with a backup plan or something. >> based on what they find we could see legislation that pagers aren't grounded by any future meltdowns. lauren, nicole. nicole: rob. >> i would like to thank the
5:49 am
coreographers. lauren: lawyer the red sox lose a game in their hunt for al east league. highlights coming up. you're watching fbn:am, first look at morning markets and breaking news. 5:49 in the east. (announcer vo) who says your desk phone always has to be at your desk? now, with one talk from verizon... hi, pete. i'm glad you called. (announcer vo) all your phones can work together on one number. you can move calls between phones, so conversations can go where you go. take your time. i'm not going anywhere. (announcer vo) and when you're not available, one talk helps find the right person who is. hi, john. (announcer vo) so wherever work takes you, you can put your customers first. introducing one talk-- another way verizon connects your business better.
5:53 am
nicole: all right 2016 music award. kicked off in high gear last night. beyonce who stole the show. the singer took eight moon mans. beyonce use it had vma's as her own political stage. [music] nicole: singer's dancers were shut down which was representation of police brutality. lauren: rhianna accepted michael
5:54 am
jackson vanguard award from an emotional drake. >> she's someone i've been in love since i was 22 year's old. she's a living, breathing in our industry, recipient of vanguard award rhianna. lauren: one of the most anticipated performances was the return of britney spears, returned to the vma stage after a decade wait. [music] >> another surprise came from olimpians, four of the final five gymnasts to present beyonce with the best female video award for hold up but gabi douglas was not there after being
5:55 am
hospitalized for a mouth injury. fifth harmony and drake and dnc for best new artist. nicole: nothing for justin, adele. they were looked over. lauren: i know. nicole: ceap -- kaepernik says it's injustice in america. >> when there's significant change and i feel the flag represents what it's supposed to represent and this country represents the people that way it's supposed to, i will stand. nicole: 49ers fan burned jersey. players are encouraged but not
5:56 am
required to stand during the playing of the national anthem. lauren: latest in sports. yankees lost a chance to move closer to wild card, kevin guzmán stopped yankees with 5 nothing shut out. mark had major league leading home run. yankees won four in a row. three and a half games back for a wild card spot. recall hit basis loaded triple during 8-run sixth inning. boston last four of five. now two games left in the al league.
5:57 am
5:58 am
5:59 am
6:00 am
off to the final week of summer time, top stories right now 6:00 a.m. on the east coast. election days 70 days away now. donald trump gearing up for largest ad campaign so far. hillary clinton faces nor questions of pay to play concerns at the clinton foundation. >> we don't want a straight line between clinton bank account, state department, the clinton foundation and it shows americans how she will do business if in the white house. maria: terminals were cleared last night after reports of gunfire. we will have the latest on false alarms that caused delay into the early morning in lax. the gulf and east coast gear up for severe weather, expect today bring heavy rainfall this week. we will take a look at
187 Views
IN COLLECTIONS
FOX BusinessUploaded by TV Archive on
