tv FBN AM FOX Business January 27, 2017 5:00am-6:01am EST
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>> president donald trump get set to meet with the prime minister of great britain. his first meeting as president with a foreign leader. good friday morning. good friday morning. mexico's president cancels a meeting over a dispute over who will pay for a wall at the border. one possible option a 20% tax on mexican imports. will tell you what it will cost you. as we get earnings from the oil pack. let's check in now and see how futures are doing. nasdaq don't have a point. markets in china and south
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your first look at what's moving in today's market in the latest breaking news. in the first full week of president donald trump. we will meet with thersea may in the office admin. but we are learning also that trump will speak with russian president vladimir putin by tomorrow. they head about federal relations. when it comes to russia, during his no stations used to abide by the adage trust but verify. heading there for the first time as commander-in-chief.
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breaking this morning president trump president trump is expected to announce executive orders as early as tomorrow on refugees from the middle east. oxidase has lent the president will issue an order for a 30 day being on visa injuries. the orders well also create a 120 day moratorium on admitting all refugees and then an indefinite band on syrian refugees. >> we have taken tens of thousands of people. we know nothing about them. they have no papers they did not vet them.
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jack moss maas he met with president trump not that long ago and called the founder smart and open-minded. they rose almost 9% yesterday. >> they searched last week as well. maybe people got some wind of that. for those of you like to take a look at what's going on in our economy the congress department will release its first look at the fourth quarter gdp. the last quarter of the year is expected to show flat growth at 2.2% level the measure of goods and services was 3.5% and the third quarter growth has averaged just over 2% during the last seven and half years just not good enough. >> good news for autoworkers. bonuses reaching record levels.
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the ford ceo said profits can get even better. >> as you think a business is having better profits that's good for the economy what's good for the economy is there will be more demand across every segment including cars. >> the country has moved out of the deep freeze for now. we will have your weekend weather forecast coming up for you and will see at the tao continues to hold 20,000. s&p futures down about two. you're watching the first look at morning markets and breaking news. process companies in the world. whether it's in health care, customer care, technology, transportation or government.
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>> let's get you caught up on what's happening right now. he will hold his first -- hostess first foreign leader today. they are expected to discuss a variety of subjects on which they disagree. tensions between mexico and the united states are escalating. the white house said it is considering imposing a 20% tax on goods mexico to pay for that wall. that sent the peso currency tumbling. the mexican president has planned -- canceled his planned trip.
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on a couple of stocks that are expected to move big today.the e than 2% in after-hours. because in part by heavy spending on cloud computing. microsoft shares they are rallied rallying after the company posted better than expected numbers things to growth and the web based businesses. futures today are down just slightly. down 10 points s&p futures down to. s&p futures down to. here is a look at some of the headlines in today's edition of the wall street journal. the move underscores how wireless phone companies will need to depend on high-speed cable wires. the u.s. autoworkers bonuses surge as they post gains. they're weeping the benefits of the increasing demand. employees are expected to take home their biggest bonus checks ever. and the share of u.s. workers
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in unions fell to its lowest level on record last year. the decline shows a return to the downward trend for organized labor after amber ship had stabilized in recent years. >> earnings season rolls on. the company's quarterly profit is expected to more than double following the recovery of prices. we will hear from american airlines. they're expected to post out lower profit from last year. it was a large one-time tax credit. revenue is seen coming in higher. it will also report its latest numbers analyst look for the consumer product giant to post improved earnings-per-share on slightly lower revenue. wet seal closing all 171 of its stores joining a very sad
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club here. everybody seems to be battling american -- amazon.com. it's more than the top eight traditional brick-and-mortar's combined. walmart, target, best buy's and macy's. coming up in sports will he face his old rival. we will have the latest sports. tiger woods stumbles in his latest alley at torrey pines. check out u.s. stock market futures after a record closing yesterday for the dow jones
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>> john lennon. >> it may be remember this. and the 60s and 70s. he died yesterday in los angeles. he debuted on cbs. they regularly fought with the bad guys. connors have died of leukemia. mike connors was 91 years old. the devil wears prada could be coming to broadway. the musical version with meryl streep and anne hathaway. >> say don't read runway. before today you never heard. you have no style. seem that was a question.
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giving new meaning to horrible bosses. so far no casting or opening date. we start in la jolla, california. tiger woods at torrey pines. his first official event in 17 months. he's have some great moments on this course but not this day. heads up 14 total. visitors to go is used to go in for him but not the same. the fans of scatter as a ball have for the hazard. forced to drop. that comes up.
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just short. woods finishes woods finishes the day for over. russell westbrook says what you mean he mean i can't start the all-star game. he throws -- he shows he can thrive also. they top of the three. the thunder when it 109-10 a. he heads to the net with the backhand score. the 23rd goal of the year. and that puts him 28 on nhl all-time goal list. and yes the australian open the second men's semifinal is underway. they face the winner.
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he takes on roger fetter and the finals. congrats. coming up donald trump get set to meet with ritesh prime minister thersea may. >> we have the opportunity and indeed the responsibility to renew the special relationship for this new age. we have the opportunity to lead together again. >> it looks like mcdonald's plans to give away bottles of its special sauce. let's check in on the market this friday morning. it's the first week with president donald trump and the markets are up across the board. on the final day the s&p futures are down one.
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>> breaking news this morning. president donald trump get set to meet with the prime minister of britain. his first meeting as president with a foreign leader. we will tell you what's on that agenda. good morning. presidential bad mexicans president canceled a meeting over who was can pay for the wall at the border. a possible option was a 20% tax on imports from mexico. were gonna tell you however what it can cost you the american consumer. as we get entrance on the airlines. get today the yesterday the dow closed at the record.
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right near the unchanged line. and the nasdaq it just squeeze out a positive gain here. interview stocks posting a nearly 2% gain on the week. overnight up a third of 1%. and after gaining another 2% yesterday they give a little bit of that back. in checking out the yield on the 10 year treasury. 2.51 percent. over the disappointing earnings. microsoft getting a boost for the latest profit report. credit stores are turning enough consumers and hurting their sales. >> will he faces arrival. the doll and the semi final match in tiger would stumbles.
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not playing the way he used to. welcome. the first look at what's moving in today's market. he's holding his first meeting. he will meet with british prime minister. we are also learning that they will speak with russian president tomorrow the cult marks the first conversation between the two leaders since president trump took office. thersea may is invited caution. to the example of president reagan. during his negotiation with his he used to abide by the adage trust but verify.
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also heading he's heading to that pentagon for the commander-in-chief today. he is expected to call for an aggressive plan to fight basis. presidential is expected to expect executive orders. this is what fox news have learned. they will issue an order from seven countries. they will also create a 120 day moratorium on admitting all refugees as well as an indefinite ban on searing refugees. the president discussing the refugee problem last night and hannity. >> we've taken it tens of thousands of people. we know nothing about them. they have no papers. how can you that somebody when you don't know anything about it. president trump plan to build
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the wall that has a diplomatic scene up between the two countries. we more on that from blake burman. >> so far henrique penny eight in nato. it started wednesday when the president signed the wall executive order. he followed that up with a video essay in mexico well not pay for the wall. maybe they should just cancel the scheduled meeting next week between the two and he followed that up with a tweet of his own. they informed the white house that the meeting is off. they suggested it was a mutual decision. we had agreed to cancel our plan meeting scheduled for next week. unless mexico is going to treat the united states fairly with respect such a meeting would be fruitless and i want to go a different route.
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he also floated an idea of how he might indeed pain for that wall. back to you in new york. president trump chief of staff did walk back that proposed import tax. they were considering it as a buffet of options. they could force americans to pay more. according to the government they imported $285 billion worth of good for mexico in 2015. cars were the biggest import. $74billion. in $1.7 billion on snack food. senator lindsey graham saying
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at least one major city is ready to abide by president trump's ban on sanctuary cities. he hailed the move as a victory on twitter. he dropped the sanctuary policy. other big-city mayors are still bowing a fight. they have more from one of the cities. donald trump the president once again hitting sanctuary cities hard one to after signing an executive order. they've sanctuary policies. he went to the gop retreat in pennsylvania once again said this is a prime or -- primer
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-- priority of this administration. and it's about time those laws were properly enforced. >> there is some question as to whether the sinks were policies of some of the cities in fact does it violate federal law. federal law says if you have information about an illegal immigrant that you need to share that with the federal government. the law does not say that you have to try to figure out whether the person you have apprehended is in fact an illegal immigrant. it remains to be seen but the mayors in these things ray cities said they are pretty much united with one voice listen. >> we are not going to sit back and hide in our homes we will stand taller with you. >> honestly a lot of federal dollars flow to these cities. if there's any attempt to take them away they will fight.
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>> and vice president mike pence is set to speak at the antiabortion rally in washington today. the address comes hours after facebook coo broke her silence on this issue taking aim at president trump's move to ban foreign funding. it could have terrible consequences for women around the world. and president trump has promised his supreme court pick would oppose abortion rights. he will be revealing that nominee next week. >> it's been a year since anthony scalia died. new year's in asia. the ones that are open. up sharply on the week. they are closing at a slightly lower. take a look at what's going on in europe this morning. it actually turned into the green here.
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and the german dax down a quarter of 1%. in swiss bank ubs reported a 22% drop in its fourth-quarter net income. here and the u.s. look at this. dow futures are now down just one point. they were higher by one point. this is but a historic week but the first week of donald trump. they had gained at least 1.1% this week and the dow is ready to snap a two-week losing streak. oil down 41 cents at 5337 a barrel. and gold which has been trending lower over the last sevel days is down six and half dollars a half dollars at 1186. >> 7.7% yesterday. overnight after the trump hannity interview.
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it is throwing the strength across the board here. and the correlation of the dollar and the yield is back. and now were seen entire right now you can see the yield at 2.5 1%. we had shares of google parent company alphabet down about 2% right now in premarket trading. investors were disappointed with a lower than expected earnings. they were driven down. such as cloud computing and hardware. but at the revenue did rise 22% and that was better than expected. after the company posted gains. microsoft had an 8% increase in its cloud segment moving it closer to market leader amazon.com and it said revenue and the cloud business increased 93% usage of that
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service more than doubled from a year ago. starbucks shares are down in a big way. the coffee chain reporting disappointing sales but the blaming congestion in their stores. long lines causing customers to leave without buying anything. and even noted that it cause anxiety among the customers. it does note that its mobile order and pay option has been very successful people are going into the stores and a kind of crowding around the areas where they would pick up the drinks that they ordered in advance. his tech company is buying u.s. money transfer service money gram international. it's worth a hundred million -- $880 million. many immigrants use it to transfer money from the united states to their families but he has met with president trump and the president called the ali baba founder smart and
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open-minded. they rose 9% yesterday. and coming up bonuses for autoworkers reaching record levels as demand for pickup trucks said profits could get even better. >> as you think of businesses having better profits that's good for the economy. >> how to get your hands on a bottle of that stuff. but now if you didn't get it for free and you want a bottle and could cost you thousands of dollars. you are watching "fbn:am".
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>> good friday morning. let's get you caught up on what's happening now. president trump will hold his first foreign leader today. hosting a thersea may. they will be at the white house where the two are expected to discuss a variety of subjects on which they disagree. including trade, the iran deal in nato. tensions between mexico and the u.s. it is considering imposing a 20% tax on goods from mexico to pay for the wall at the southern u.s. border. that set the peso tumbling. they have canceled the plan.
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they fell more than 2% in after-hours trading investors were disappointed with lower than expected earnings caused in part by heavy spending on cloud computing. microsoft shares rallied after its posted it's posted better than expected numbers thanks to growth in its web-based business. the first week for president donald president donald trump looking pretty great. they are in fact it went to snap the recent losing streak. the dow futures this morning after yesterday will be up to. >> it's a good thing that a 401k is looking better. donald's special sauce it's a trademark big mac sauce. hours later the bothers --
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bottles were going for hundreds even thousands of dollars on ebay. we just checked out one listing on ebay. at 15,000-dollar listing for that special sauce has 11 watchers. but if you get it for $15,000 you to get free shipping. liquid gold everybody. we are we're also getting a first look at the anticipated device the same song galaxy eight. it is expected to come in two sizes and feature edge to edge infinity display. and in order to do they put the fingerprint sensor to the back of the phone. it is a not expected to improve there will be a headpho jack. we have another retailer calling it quits. what seal is closing all 171 of its stores joining a very
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sad club with the chains limited. everyone is battling the behemoth of amazon.com. that is worth more than the top eight traditional retail distributors. they filed for bankruptcy two years ago. and coming up and sports will he faces old rival. we have the latest and the semi final match. what did elton john and meryl streep head in common. >> you're not supposed to be here until nine. >> the devil is broadway bound.
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mike connors who played tv detective and the 60 and 70's died yesterday in los angeles. he debuted in cbs back in 67. it ran for eight years. he was a wellho regulated the bad guys. he died of leukemia. he was 91 years old. his movie roles included southern fear. and the 10 commandments. the devil wears prada is coming to broadway elton john is working on a musical version of the 2003 hit with meryl streep and anne hathaway.
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>> and before to that you have never heard of that. you have no style or sense of fashion. >> i think that depends on what you are. >> that wasn't a question. elton john is working with paul reddick so far no casting or opening date for the show. let's take a look at the latest in sports. tiger woods at torrey pines. his first official event in 15 months. there were some great moments. but not this day on the 13th has tee shot goes into the crowd. the 14th hole. tiger with a long apart pot. he would bogie three straight holes and you can to see his frustration he talks the tee shot badly. nobody can find woods is
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forced to drop. that comes up just short before he finishes the day for over. the third quarter. he said what you mean i can start the all-star game. the thunder up 10. he shows he can fly too. he soars for the layout. the crash landing. the thunder is up six. two minutes left now. he finishes with a game-high 43 points. and they 1109-98. watch him is still the puck here. he heads to the net and score says 23rd goal of the year. that puts them at 28 on the all-time goals list with 548. and the capitals beat the devils by two.
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the second men's semi final is underway. they face him. the winner takes on roger fetter and the finals. right now they're and the third set tied once a piece. love it. and we have the williams sisters plane at 3:30 a.m. they now cleared most of the east coast. their life and the fox weather center. chilly air but kinda that cold front but it is the end of january. this is a type we expect to see winter temperatures. teens and 20s across the rockies. it's actually warmer in new york than in dallas. as far as a writer is concerned we are pretty quiet all weekend with exception to the great lakes where we have the lake effect snow and the winds moving over the relatively warmer waters of the great lakes and piling up that snow especially downwind.
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they could receive easily up too or surpassing a foot of snow. that will be the big story this weekend. we're were also watching the southwest. warm temperatures and gusty winds could prompt that danger. otherwise a pretty good looking forecast. no major storms. ladies, this is january. the good news is no major storm. you might nt to look out to buy a hover board. it looks like a lot of fun.
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to compare side by side. and the best part is... the banks come crawling to me. everything you need to get a better mortgage. clothing optional. lendingtree. when banks compete, you win. okay! ...awkward. >> a wisconsin teenager has come up with a very fun way to plow snow. the 13-year-old appears in this youtube video writing has hover board while he shovels snow in front of his home. he rides up and down the driveway clearing the snow. with the make shift plow. it just become so much easier now. think about starting a snow removal business. it's only snowing over there. he would make a lot of money. congratulations to him. thank you so much for watching. to turn it right over to mornings with maria.
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thank you so much. thanks for being with us. it is fridajanuary 27. your top stories right now 6:00 a.m. on the east coast. present trump wrapping up a busy and productive week in office but now theuestion is over pain with wall. a 20% border tax has been floated uploaded but president trump that we to make mexico pay. i have said many times that the american people well not pay for the wall. and i have made that clear to the government of mexico. we are working on a tax reform bill that will reduce our trade deficit increase american exports and well generate revenue from mexico that will pay for the wall if we decide to go that route. maria: the focus today america's relationship with one of the closest allies.
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