tv FBN AM FOX Business June 5, 2017 5:00am-6:01am EDT
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domestic policy. john solomon, as always great to have you with us. june 2 breaking news this morning. theresa may says enough is enough with terror attacks and proposes regulating the internet to prevent future attacks, all this while president chun staked out for the first time since one attacks. good monday morning. i'm lauren simonetti. >> investors seem to be shaken up the terror attack in london and looking towards washington policy and the economy. after record high on friday, the data to a lower open on 13 points. s&p nasdaq as well lower in premarket. lauren: japanese-style exciting
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if it did indicate still in the air. china's shanghai composite closing down half of 1% good cheryl: in europe and the sox opened up higher this morning. as you can see the ftse turning a little bit lower after the terror attack in london saturday pizza for 1017, and here substantially higher within one and a quarter%. lauren: the price of oil -- prices jump in about three of 1% after saudi arabia come in egypt, bothering and uae cut ties with qatar. oil $48.2 a barrel. train to looking oil this morning. apple may unveil a rival to amazon .co digital amazon .co digital assistants and a speaker to be used with syria. the stock was at the downgrade. we will tell you about it. lauren: said kerry had a triple-double over the cleveland
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cavaliers in the nba finals last night. in baseball, toronto rallied late is in the long to meet the new york yankees. trade 25:01 a.m. in new york. it is new york. in his monday commission phase. we would like to welcome you to "fbn:am," your first look at morning markets and breaking news. a lot has happened overnight. the latest from london. breaking news this morning. the islamic state has claimed responsibility for the london attacks which has left seven people dead. dozens were injured with 21 still listed in critical condition today. the third major attack in britain in three months. saturday night, three and a white van barreled on the london bridge on the london bridge and continued a popular market using knives against more innocent victims. the three attackers shot and killed by police. 12 people arrested so far in connection. british prime minister theresa
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may condemning islamic extremists in the shootout for change. >> it is time to say enough is enough. everybody needs to go about their lives as they normally would. society should function in accordance with their values. when it comes to taking extremism and terrorism, things need to change. cheryl: here at home, president trump making his first remarks on the attack last night. he will do whatever it takes to protect america. >> renew our resolve stronger than ever before to protect the united states and its allies from the vile enemy that is waged war on innocent life and it's gone on too long. this bloodshed must and peer at this bloodshed will end.
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lauren: to resubmit calling on internet companies to do more to fight terrorism. truth assurances that part of the story. >> good morning. good morning, cheryl. introducing new rules worldwide would deprive the extremists of their safe spaces online and technology firms were not currently doing enough. ms. putting pressure facebook, twitter to make take responsibility and provide information to authorities that can help them investigate attacks. they must similarly remove propaganda they must stop it from appearing on the plot runs in the first place. i spoke airport from "the guardian" reveals how the comment is monitored. moderators are overwhelmed by the amount of tent to of. internet providers participating counter extremism. >> we need to work with allies,
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democratic governments to reach international agreements that regulate cyberspace to prevent extremist terrorism planning and we need to do everything we can at home to reduce the risks of extremism online. reporter: she also called this charter which expands the powers of buying agencies in the u.k. intelligence committee. the act requires internet service providers to maintain a list of visited websites for internet users for a year and give intelligence agencies my powers to intercept communications. the browsing history without browsing history without any warrant or court order. >> it's interesting you talk about the power because it forces companies to turn over information to police. i wonder if that would work in the united states. reporter: you have to protect privacy of americans, too. san bernardino attacks.
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this is a sticky issue. cheryl: tracey continue not very much. more on reaction to the london attacks, let's bring in interpeak from the u.s. army intelligence officer. thank you for being here. a lot of news to cover. i went to pick up on what tracey reported about basically regulating the internet. the call from teresa mask complicated. facebook, google, what app have five back against interference in their companies. does this change the narrative between regulators and companies? >> i don't think it changes for tech companies. they got badly burned by edward snowden and how much private data they are giving over. users have no interest in seeing them cooperate or the government particularly in service of fighting against the threat that many of them places like silicon
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valley and pc enclaves don't see that big of a threat. british values were strong, they wouldn't have to say about free speech areas regardless of what's been said. if there were fewer jyoti simply need to restrict online cyberspace where they can discuss things. the focus has been the values, not the area in which they discussed them. lauren: there are potentially 20,000 saudis in the u.k., 3000 only a watch list. 500 investigations five. how do police have questioned the >> i don't think you can. such a large numbers came to matter how big security czar. they will never keep up 100% on every lead. you have to look at the funding going on to radical mosques in madrassas around the u.k. and who is choosing religious
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leaders, local clerics telling local muslims, hey, this is what is on his end is not. look at that, prevent radical -- cheryl: that's on the intelligence community whether it's by my, fbi, cia. a law enforcement come the same agency are the ones trying to pressure technology companies to i don't want to say to their job for them, but they want them to be active and open sharing for investigations. privacy experts will push back on this. technology can't be the only answer here. >> no, not the only answer. there has been immigration elements of this. there's a military element which has other test this weekend involving disputed isis at the source. it only comes than a very
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operational details in cyberspace. lauren: another suggestion would be moving into the community say another community more. is that a suggestion? >> absolutely. human intelligence is the key to unlocking counterterrorism efforts. the local community leaders, the local muslim leaders. those are the people who know where the terrorists are coming from. true to interpeak, a lot to discuss on the topic. lauren: the one love manchester benefit concert for the victims of the manchester terror attack spearheaded by ariana grande and brought tears to the eyes of many viewers last night. [cheers and applause]
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trip to the concert featured performances by coldplay, just coldplay, just to be brad miley to name a few. the concert of raising $2.6 million in just three hours. but you make 10 million in total donations to the we love manchester emergency fund. trade to move a nod this week in england. secretary of state is urging gulf nations to work out the different adapter for countries severed ties with qatar today. saudi arabia, bahrain and the united emirates all announced they are cutting ties with qatar because of reported islamist groups in their relations with iran. >> we think it's important that the gcc remain unified. i don't suspect this will have any significant impact if any
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impact at all on the unified fight against terrorism in the region are globally. cheryl: secretary rex tillerson making those comments in australia. qatar says there is justification for the move. the countries on three to a major u.s. military base. several other installations every as for the campaign against isis. lauren: would begin in asia appeared in japan the nikkei down fractionally and the cost in south korea down from an all-time high also down fractionally. the shanghai composite in chinatown have a 1% today. cheryl: you see these asian markets and european markets shrug enough terror attack and investors not rattled quite got over what we've seen. we've seen that with the ftse right now which open higher done about 11 points. what a on the dax. lauren: the dax is putting on
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its record high. here in the u.s.a. trifecta of records on friday after jobs report had a solid employment rate of 4.3% but a disappointing headline number. dow futures down six, nasdaq futures don't buy it. >> talking about of 44 cents. gold up almost four bucks. lauren: coming up from a big week ahead for president trumpeted how the terror attacks affect his agenda? record highs last week coming down just a little bit. you are watching "fbn:am." ♪ and stay awake during the day. learn about non-24 by calling 844-844-2424. or visit my24info.com.
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lauren: good morning. by 15 am in new york. the weekend terror attack in london but the covert unit had carried it out. the attack killed seven people and wounded dozens. 12 people arrested. british prime minister teresa mesa's tolerance of islamic extremism in the country has gone too far. president trump makes good on its pledge for $1 trillion of infrastructure investment. he discovered the white house event announcing the proposal to privatize air traffic control.
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apple ii and billy smart speaker added conference in san jose today. syria would challenge amazon ipo and google home. apple's brand and fan base could help a sizable chunk of a burgeoning market. stock market futures flat to modestly lower. the dow, s&p and nasdaq. >> we will keep it here at home because it's supposed to be a big week for president trump and his terrific agenda. he trillion dollars infrastructure investment plan and also a push to privatize air traffic control. expected to get the announcement later today. lloyd matheson, former chief of staff for senator mike lyon president of the southerland institute. they've also got a gop strategist and former military police sergeant. welcome to both of you.
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it is going to be interesting because we have this because we had these international events over the weekend. another terror attack in london. the third in three months. are you concerned this will overshadow the president's domestic agenda which we should be fair has been somewhat stalled when it comes to health care and tax refund. >> i think the domestic agenda will move forward in his message on terrorism has been firm and i don't see that changing. it will be a good time to pivot to roll the agenda for what he is doing in relation to infrastructure. i don't see it being too much of destruction. cheryl: boyd, what is your response? >> every one wants to focus on domestic agenda. as that of the free world would get pulled into other elements. the president will have a real challenge on the infrastructure built. both in the house and senate, but it's encouraging he's meeting with governors because the real key to the infrastructure is to get it back to the state to dissolve the gas
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tax money back to where we can get some concrete in the ground. >> the proposal so far as they companies more invested in infrastructure and less money for the federal government. i've got to push back on the ideas that governors in states are willing to foot the bill if you will because that's what seems to be coming out of the white house talking points that states will pick up the tab four this. i don't think a lot of states and governors will be real happy. >> i agree with that. they will push back at their solid footing the bill. we need to change the national gas tax and evolve that that back to the states, have a smaller national gas tax to take care of the interstate issues but they can't collected into a much better job of it. they opposed to send the money back to washington, d.c. machine with red tape and things that
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make it incredibly inefficient. they are moving things forward. lauren: chris, do you ever expect congress to support the infrastructure plainer privatization of air traffic control? will that get congressional support? >> i think so. they've got a unified republican congress loosen up government strip and leading up to sector can do things appealing to governments. sort of their bread and butter. this is their opportunity to get things through before the midterm elections. there's a good chance of that happening. the president getting support for that purpose. cheryl: james comey will be testifying on the hill thursday. bolus overshadow the message? >> hopefully won't as long as he
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doesn't search himself in the process. she lets the senate the that thing through, get it done it will pass much quicker than if the president insert the distractions of global things we see out of london, the self-inflicted wounds that come because they're focused on the wrong thing. let this play out, let the senate do their job and everything should be alright. cheryl: self-inflicted wounds. that's a good one. >> to call me testimony, u.k. election. seth curry had a triple-double had a triple double to lead the golden state warriors to two games in the league in the nba finals last night. in baseball, beating the yankees 3-2. gold power -- girl power ruling the box office. >> i do not deserve you.
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lauren: the record-breaking performance of wonder woman. dow futures down modestly this morning five points. you are watching "fbn:am," your first look at morning markets and breaking news. liberty mutual stood with me when this guy got a flat tire in the middle of the night. hold on dad... liberty did what? yeah, liberty mutual 24-hour roadside assistance helped him to fix his flat so he could get home safely. my dad says our insurance doesn't have that. don't worry - i know what a lug wrench is, dad. is this a lug wrench? maybe? you can leave worry behind when liberty stands with you™. liberty stands with you™. liberty mutual insurance.
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mismatch in $100.5 million. captain underpants come the first epic relief brought in 23.5 million. the fifth installment of the pirates of the caribbean brought in 21.6 million. galaxy holdings in the top five and 9.7 million in baywatch with a $.5 million. cheryl: loving the girl power on the wonder woman movie. guys played sports over the weekend because you had the nba finals coverage of two games to none lead by the cleveland cavaliers to 113 --minus-sign. steve kearse returned to the sideline. the number he was out six weeks with back problems. seth curry recorded his first career postseason triple-double with 32 points. they contributed 33 points. 13 rebounds and six assists. the brunch inside his own triple-double in the losing
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effort. toronto blue jays beat the yankees 3-to yesterday without getting a head with runners in scoring positions. a tying two-run homer in the sixth inning and josh donaldson in the eighth. the blue-chip rally gave them a four-game split. toronto went zero for 24 the scoring position including over six yesterday. tough weekend for new york sports. lauren: it was. maybe next time. a bold plan for britain prime minister to regulate the internet and the london terror attempt. >> we cannot allow the ideology that that is precisely what the internet than the big companies that provide internet-based services provide. lauren: is regulating the internet possible? we'll discuss. amazon is a good digital
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trade to breaking news this morning. theresa may says enough is enough with terror attacks and she is regulate the internet to prevent future attacks. donald chuck dixon's first comment is a terrific weekend. i'm cheryl casone. lauren: good morning. i am lauren simonetti. after hitting fresh record highs on friday, futures down modestly this morning. s&p futures down one point. cheryl: in asia, japanese stocks slid slightly. still sitting at 22 month highs.
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asian markets not having a big reaction. as you can see the eye fractionally. hang seng shanghai kospi off actually down. >> the attack saturday night in london the ftse 100 down 20 points today coming off a record high. the dax building up 158 today. trained to look like oil prices are doing. after news broke saudi arabia, egypt, uae cut ties with terror accusing them of supporting terrorism with iran. lauren: off all night until she is a speaker that would use siri. those details coming up. cheryl: seth curry had a triple double to lead the golden cavaliers to the nba finals last night. in baseball they beat the
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yankees. all the sports coming up for you. lauren: it is 5:31 a.m. in new york. your first look at morning markets in the latest breaking news and we begin the latest breaking news as the islamic state claims responsibility for the london attacks which have left dozens dead, 21 listed in critical condition. this is the third major attack in britain in three months time. saturday night, three suspects in the event there is on the london bridge then continued to a popular market using knives as weapons against more innocent victims. the three attackers shot and killed by the police. 12 people arrested thus far appeared to resubmit condemning islamic extremism and vowing for change. >> it is time to say enough is enough. everybody needs to go about their lives as they normally would. our society should continue to function in accordance with our
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values. when it comes to taking on extremism and terrorism, things need to change. lauren: president trumpeted his first remarks on the attacks and will do whatever it takes to protect america. >> renew our resolve stronger than ever before to protect the united states and its allies from a vile enemy that is enemy that his face wore an enemy that his face wore an innocent life and it's gone on too long. this bloodshed must add. this bloodshed will add. cheryl: prime minister theresa may calling on internet companies to do more to fight terrorism. tracee carrasco joins us with that part of the story. a bold move over the weekend. turn a good morning, lauren and cheryl. introducing new world for cyberspace would deprive the extremists have their say spaces online and technology firms were not currently doing enough.
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putting pressure on social media sites like facebook, twitter and communication apps to take more responsibility for the content on their networks and provide information to authorities that could help them further investigate attacks. internet companies not only remove terrorist propaganda, they mistake or a tattered stop it from appearing on a platform in the first place. "the guardian" revealed exactly how facebook's content is monitored. moderators are overwhelmed by the content to keep track of. forcing internet providers to participate in counter extremism. >> we need to work with allies, democratic governments to reach international agreements to prevent the spread of extremism and terrorism planning. we need to do everything we can at home to reduce the risks of extremism online.
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reporter: may introduce the investigatory acts at 2015 which expounds the power of spying agencies in the u.k. intelligence community. the act requires service providers to maintain websites about internet users for a year and give intelligence agencies more power to intercept online communications. the rousing history that any warrant or court order. >> are these companies come in many headquartered in the u.s., how are they answerable to the u.k.? >> facebook announced they have this content. they came out with a statement that they want to create a hostile environment. they are aggressively trying to get rid of this content. it's so hard to monitor. >> to his credit, he's trying to deal with extremism. they have to report that terrorist propaganda.
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it's only taken down once it's reported. >> were on reaction to the london attacks. interpeak, former intelligence officer. three attacks in three weeks time in london. why is london becoming such a target and what does the u.s. take away from these attacks? >> is kind of a surrogate america can a similar culture and foreign policy but easy to get to for automatic weapons coming from europe and for the networks raised in brussels in france and elsewhere. the u.s. can learn a couple of things. one is we need to improve our intelligence collections that the u.k. in the european union in terms of receiving privacy data of european citizens that the u.k. doesn't necessarily do a good job of sharing are collecting to see who comes into our country.
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you talk about the intelligence sharing. that was put in jeopardy after the manchester attack. definitely some nerves rattled in the u.k. how is that relationship now? >> after manchester, where rattled the british and caused "the new york times" publishing disclosures from the american intelligence community about the investigation that apparently leaked out to the newspapers. they were horrified that they would be leaking operational info. i'm not sure that's on the president. that's on the lakers feeling the antitrust bureaucratic and media movement against the president. lauren: in light of the two threats facing the west, isis
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with a smaller scale attacks and al qaeda which many authorities believe is planning a large attack that could involve aviation. >> to travel there and going to the supreme court. it's not a panacea for terrorism. that's the biggest misconception. he specifically targeted issue for those countries where we camp at the people coming into america. as long as it's considered in that context, there is nothing objectionable as commander-in-chief and defender of the national. >> a big market stories u.k. elections. you have to wonder about the timing of the attack ahead of that. will this affect the u.k. elections.
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>> generally, terrorism helps the parties to talk more about immigration like conservatives. people also believe the government for not being able to preserve security. trajan andrew cummock thank you for being a voice on this. we appreciate your time. cheryl: the one most manchester concert for the terror attacks spearheaded by ariana grande brought tears to the eyes of many viewers blast night. -- last night. [cheers and applause] trip through the concert featured performances by coldplay, justin bieber and miley cyrus. they raised $2.6 million in three hours time, breaking the 10 million mark in total donations to the weave of manchester emergency fund.
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treated to secretary of state rex tillerson after several severed ties with tirade. all announcing they will withdraw their diplomatic staff from qatar because of the country's alleged support of islamist groups and relations with iran. >> we think it is important to remain a unified. they do not expect this will have any significant impact if any impact at all on the unified fight against terrorism in the region are globally. true to qatar said there's no justification justification for the move. that country is home to a major u.s. military base used for the campaign against aces. lauren: global market action overnight. stocks down across the board in asia. the nikkei has begun
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fractionally. thanks a number 31% in shanghai composite down half of 1%. true to the ftse open up a tiny bit higher. the market in one and down about 21 points. that's just a quarter of a percent. the is down a fraction. 150 points to the upside. one and a quarter% on that one. transfer the record in the u.s. could be in trouble with the news coming out this week. thursday we have jim comey testified in the u.k. election on thursday an ecb monetary policy meeting. balzac and the in the dow futures down seven, nasdaq downside. transfer the rest jobs report like that on friday. 47.81 following gold as well about three bucks in change. looking at apple. this could be a stock to watch. apple may be the new voice and
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deck top smart speakers. apple needs to compete with amazon to add going to go home may announce to the device at the conference happening in san jose california today. an apple device, if you've got your iphone, you know who's serious. apple's loyal fans could help it gain a sizable share of the smart speaker marca. oversupply concerns about the iso date curious about that one. apple than 1% in premarket trading. lauren: coming up come a big week for donald trump. how will it affect their domestic agenda? we will take a look. stay with us. you are watching "fbn:am." 4-242. or visit your24info.com.
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train to buy 45:00 a.m. here in new york. let's get you caught up on what's happening now. islamic state has claimed responsibility monday in saying that a covert unit had carried it out. the attack killed seven people and wounded dozens more. 12 people arrested so far in connection. british prime minister theresa may says tolerance and islamist extremism in the country had gone too far. president trump against a week when they push to make good on its pledge for $1 trillion of infrastructure investment. he will start with the white house admit today to privatize air traffic control across the united states.
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apple expected to unveil a smart speaker today in san jose. the speaker controlled by siri would challenge the market share of the echoing google homes. apple's brand and fan base could help it grab a sizable chunk of the growing market. after the terrific attack over the weekend, look at u.s. futures right now as you can see we do not have a lot of pressure right now. the dow lower by seven points a premarket s&p nasdaq as well. mark is holding steady. trade through the days down, we could file. a very big week for president trump expected to focus on the $1 trillion investment plan any push to privatize air traffic control. joining us to talk about the trump agenda, boyd matheson, former chief of staff to senator mike leak in the southerland institute. chris and i went, gop strategist and former military police sergeant. good to see you. >> good morning, lauren.
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lauren: do think the london terror attack would overshadow trumps domestic agenda. saying that it might have something that luke olmert said to fox news i think yesterday. fired up saying what these terror attacks do is strengthen his base at the middle of the country elected donald trump because he saw another terror attack in a senate fight against it. does this strengthen him? >> the president has always got to stand with our allies come against enemies and for the people of the united states of america. it does have the rallying component good for the administration. the word for the week is focus. there are so many things coming up in this week. most administrations get into trouble because of their lack of focus. they regularly tout ronald reagan as the great communicator. it wasn't just because he could give a great speech. he knows he could weigh in on just a couple of issues.
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if the president can be disciplined and focused on the core of his agenda, to see him get momentum. if he's distracted by every shiny object in every crisis or self-inflicted wound that comes then, that is where they will be in trouble. he can get some things done but it requires a different level of focus. just because he could weigh in on anything through twitter doesn't mean he should. cheryl: if you think about it though, infrastructure spending is the one thing we should have bipartisan support on. everybody loves to spend money especially in their states. but there is concern he's going to have a tough road on this one. why about things with infrastructure? >> at the complex issue. affects every single state and district differently. republicans have the majority. if they don't do it midterm elections will have to look at that. i think you'll get some traction on appearances and inept
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government group in this area is something that is helpful. i think it's got a good chance to get it done. lauren: speaking of infrastructure spending in the push to privatize the air traffic control system because modernization cannot 50,000 flights in and out of the u.s. each day is hamstrung by inconsistent funding by congress. if the industry as far as, privatization of air traffic control. >> is a good chance you'll see it proven that iraq should. same thing with the transportation bill in general. the more we get this to the local level in the private sector to tag team that's an important part of it. one challenge the president will have with the bill, he does like to build step that you don't get to push her name on pablo said that becomes really tough because you start pushing that back in the states. cheryl: real quick before we go, it's got to ask you about what we see on thursday.
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james comey will be testifying at thursday. what to expect here and do you think this is a problem for the president as it takes away the spot it from his domestic agenda. >> speaking of potholes, the kobe situation is a pothole for the president. that was a good one. i don't think there's any major smoking gun. if there's some issue with leaks out. there's going to be something there. i don't think it's that big of a distraction. i do think it is a problem that i think if something is fair, it's going to be leaked out. we will hear about it before hand. i don't know what to say but it should definitely be interesting and we have to see how it plays out. cheryl: thank you, chris and void. interesting definitely the word on comey's testimony coming up. enough are coming up in sports. south korea with a triple double to lead the golden state
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warriors to a lead over the cleveland cavaliers in the nba finals last night. in baseball, toronto rallied late to beat the yankees retreated back to. we will have the highlights. wet and cool in the northeast. where's summer? janice dean will have the answer for that one, not. i'm trying -- coming up. is punctured
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lauren: let's take a look at the latest in sports. and a final scrub two games to none lead the cleveland cavaliers. cleveland cavaliers. win32-113 last night. steve kerr returned to the sideline about six weeks with back problems. south korea reported his first career postseason triple-double. 32 points, 11 assists, 10
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rebounds for the brunch inside his own triple-double in a losing effort. beating the yankees 3-to yesterday without i have. a tying two-run homer off trevor reese severino in the sixth inning. jeff donaldson against tyler clipper in the eighth. the rally gave them a four-game split. cheryl: well come it didn't rain too much over the weekend for baseball, but what's going to happen on this monday in the weather department? fox meteorologist janice dean. trim it rained all day yesterday for me. >> i was at the met game and it rained. they failed miserably. cheryl: we can blame it on the weather. we did the burly. 14-3 for the pirates. a look at the temperatures because it is cool across the north east elite salons, grass and trees are green. 59 in new york, 69 cleveland, 63
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chicago. cool across the great lakes and northeast with a lot of with a lot of mush or working its way in from the gulf of mexico. the southeast of florida needs the rain. we are into a drought situation and we'll get a lot of frantic in several systems moving and the south and mid-atlantic and northeast but made country and a little break mideast. more chances for rain and cooler weather. the lady said it last week. july is when we see those former temperatures. cheryl: that's what i'm waiting for. reporter: carry that umbrella with you, ladies. back to you. lauren: thank you very much. toyota taking his first steps towards a flying car. you are watching "fbn:am." because safety is never being satisfied. and always working to be better.
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such >> a startup backed by a chinese automaker toyota didn't get offe weekend. toyota wants to carry driver through the air. to a few of the torch in tokyo in 2020. they conducted some early find car testing saturday in japan could the vehicle flew too high level for a few seconds before crashing back to earth and suffering for big-time damage. it sounds like our ambitions are in the very early stages. but it is considered a step forward for flying cars. whether they are really
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realistic were safe. >> we're still getting used to drums. by the way, they put basketballs underneath that flying car. that's when it bounced over. thank you for joining us this monday morning. maria bartiromo take it away. maria: good morning, everybody. thanks so much for joining us. i maria bartiromo. it is choose it to 6:00 a.m. on the east coast. the u.k. really for the third terrorist attack in as many months. isis has claimed responsibility for saturday's attack in the u.k. prime minister theresa may says more needs to be done to prevent people from being radicalized. president trump pledging support for most import allies last night. >> i've spoken with prime minister made and expressed our unwavering support. our allies in the united kingdom and in the united stil
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