tv FBN AM FOX Business June 20, 2017 5:00am-6:01am EDT
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what bothers me the most is why did you suffer prolonged lack of oxygen to the brain? that is what caused most likely what causes brain damage. if his heart stopped, if he suffered botulism, treat him immediately. botulism is treatable. that could've saved them. there was a lack of treatment. they possibly beat him, possibly poisoned pen. maybe they cast him. didn't treat him properly. >> certainly what can we learn from the octets in.
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thank you. we appreciate your time. >> senate gop leaders plan to vote next week on legislation to repeal large parts of obama carries democrats try to put the brakes on the measure they complain the entire process is happening behind closed doors. minority leader chuck schumer asking mitch mcconnell is to be able to read the bill. >> will it be available to us in the public more than 10 hours before we have to vote for it. >> ample opportunity to read and amend the bill. >> will be more than 10 hours? >> i rest my case. lauren: democrats are concerned repuans will propose a bill that will have sweeping changes on health carend try to pass it with only limited debate before the july 4th recess. cheryl: president trump wants to read that the governments computer system. trump met with a top technology
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ceos in the country. he called for more than a trillion dollars in saving that overhauling the computer systems and improving information technology. >> a sweeping transformation of the federal government technology that will deliver to magically better services for citizens come as stronger from cyberattacks lauren: amazon ceo jeff bezos ceo jeff bezos hezbollah's tim cook were among the many ceos at the meeting. cook says the u.s. has some catching up to do. >> the u.s. should have the most in the world and today it doesn't. cheryl: computer coding should be taught in every public school. the pentagon still using floppy disks we learned yesterday. another headline this morning. ups has announced a new face for the holiday seasons. what does this mean for
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retailers, consumers, all of us? lauren: tracee carrascas joining us more. good to see you. >> that's right. good morning. good morning. you'll be paying an extra 25 cents to 97 cents for a package shipped out by ups. the new holiday surcharge during the busiest weeks of the year. they will charge peak rates between november night team in november 2nd and again between december 7th team ird. increase staffing come extra plants during the holiday season. retailers will face a tough choice. raise the prices or the cost of doing business. one way around it, the surcharge only applies to residential delivery. retailers and shoppers can order shipped to stores. an interesting move that could drive shoppers back to brick-and-mortar stores for traffic has been declining significantly. they could also have fedex and
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the united states postal service to follow. also make up the massive investment in their holiday delivery. lauren: that is very interesting this can get us back to the brick and mortars. i want to ask you, how much extra money could this mean for ups? >> during the holiday season the package goes out. you do the math. it's a significant amount of money. cheryl: tracee carrascas, great story. lauren: a mixed bag here. the nikkei up 20%. in japan the hang seng in hong kong than in hong kong to a 31%. shanghai composite index 10th of 1%. >> european stocks right now in the green again. ftse 100 up 21. that is despite of course the attack that happened in france yesterday they were closely watching reporting up 44.
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>> any gains today, the dow and the 500 ithe u. paid the tab when about 21,500 for the first time yesterday. s&p futures up one. nasdaq tacking on 12. cheryl: 39th record close. right now barely up as well. slight gain of about 30. lauren: dow, s&p and record territory. technology snapping back after a three-day losing streak. what do investors need to note today ahead of the opening bell. cheryl: jonathan hoenig, are you still loving this bull market? >> it is a bull market. the seeds of political entry here at home. 268 times yesterday. only 70 new lows. that is our sign.
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another new high for the market. as you said, with 30 all-time highs this year. a highest baha'i and the trend remains higher for stock in the near term. >> indeed. i'm looking that mr. brett more than volume. technology had been inspiring the bull market for quite some time. starting to see some other sect pairs catch up. it doesn't mean we can't take a step back. we are certainly due for a correction. >> we talked about this before. he can't help but point out the record close as we've seen since the inauguration. this is election day, right? politics tied into the market. if health care is at risk in
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washington, to finally start to see investors blin >> that is what worries me. investors whether it be health care, tax reform, increased regulatory reform would get passed. as the days and weeks go on, i think you're exactly right. you'll start to see maybe this isn't going to get done in 2017. maybe 2018 and adjust the risks that the type of stuff accordingly. lauren: a couple seconds left. what sectors do you like right now? >> oftentimes they say you want to buy when there's blood in the street. looking at the etf of frontier in emerging market countries, etf, uae or qa t. all doing well right now. lauren: chana didn't have a thank you. cheryl: a lot more coming up.
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you want to stay with us. planning a health care vote by next week. democrats say not if they can help it. >> will be available to us in the public more than 10 hours before we have to vote? >> will have ample opportunity to read and amend the bill. cheryl: sean spicer taking on a new role the trump administration. we will tell you about promotion. you are watching "fbn:am." we will be right back. ♪ ♪ here comes the fun with sea-doo starting at just $5,299 and up to $500 rebate visit sea-doo.com today hey, i'm the internet! ♪ i know a bunch of people who would love that.
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it is health care stocks. now you've got senate republicans saying the health care bill as next week. right as the advisor to president george w. bush. >> big question here. there is a republican pat following the meme, rand paul. they've always had concerns behind closed doors. what are you hearing? >> republicans are coming
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together and we will have a vote that will be successful through the senate. the hospital looks different different than the senate bill. democrats need to know whence the senate bill is passed, there's going to be a reconciliation between the two bills. a leader says he will allow amendment then they will have to vote again. plenty of drama to play out before an actual bill will go to the president for signature. lauren: no need for the drama or viewers were sleeping stage by democrats. >> at nothing more the democrats want to do than kill this bill. it's not going to happen. democrats can't have it both ways. one way they say you have the power. is your obligation to come up with the bill. they haven't seen anything because they would sabotage it. at the right time, the bill be presented. they will vote on it.
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the senate bill isn't the bill reconciled from the final bill that the house and senate must vote on again. >> negotiations behind closed doors is that dems are using the talking points. if mcconnell can't get past before the july for three stories, that's a problem. all the senators go home and hear from constituents. isn't that the bigger issue here? >> the issue for republicans is pretty simple. he made those promises in 2016. ey must beept. they said he would repeal to face obama carried in addition to tes and immigration and other things. the burden is on us. the american people can give us any more power than a day. if the house, senate and white house. it's up to us to produce and i believe we will. lauren: what happens if the gop doesn't get a bill next week? >> it will be kicked over until the early fall. the clock runs out on republicans in 2017.
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2017 must be a year of action on a whole host of things. midterms are kind to the party in power historically. train to a new report that paul ryan is promising to overhaul the tax code by the end of the year. first of its august. then it was fall. when you make of the headline we are seeing? >> i agree with that and i've always had the real deadline for republicans is in december. that is when the clock runs out. right now we have to get in the summer. let's get health care buttoned up and move to taxes in the fall. that will have a record to run on in 28 team. lauren: they can even make it richer right. >> absolutely. transfer a wonder of congress will even take a recess. l.a. dodgers and the new york mets and chaos in the office of the cleveland cavaliers. did you hear this? tiger woods is reading about his
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professional help to manage my medications in the ways they deal with back pain and a sleep disorder. i want to thank everyone for the amazing outpouring of support, especially the fans and players on tour. tiger woods underwent his fourth back surgery in april. he was arrested monday week in on a dui for falling asleep at the wheel of his car. the golfer says the incident was due to an unexpected reaction from prescription medication. lauren: we saw the video. let's look at the other sports headlines making news this morning. the nba draft is two days away in the cleveland cavaliers front office is in this survey. the cavs have decided to part ways. owner daniel gilbert says the two sides cannot reach agreement on a new contract. the vertical is reporting former
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nba trunk e. phillips has emerged as a leading candidate. lebron james reportedly was surprised by the move. if no one appreciated you, greg, i did. for what you did for the team for three years. in baseball, dodgers played belanger's. launching two more home runs against the mets in 51 career games. that was ever hit that many in so few games. the national league in homers this season even though he didn't play the first three weeks. kershaw becomes the first 10 game winner in the national league despite giving us a career high for long ball. los angeles holds on for a tired-6 victory. the violence against the nationals bottom of the third. miami down 6-2. his 18th home run of the season. bottom of the ninth tied at
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seven. driving one deep to the left-center. lauren: coming up, president trump sat down with the leaders of silicon valley. they could be bad news for shoppers. racing tipping fees over the holidays. we will see by how much. mark is so while looking pretty good these twos a warning. to download 15 this morning. the s&p is three quarters of one point. take a look at toilet. $44.30 a barl. you are watching "fbn:am."
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lauren: breaking news this morning. president trump valladolid north korea accountable for the death of otto warmbier are held in prison by north korea for only here. john mccain calling his death murder. granted washington, chuck schumer and the democrats are all about the delay. lauren: the record-breaking rally on wall street not delayed after jumping over 140 points yesterday. dow futures up by 12. nasdaq futures on 10. tree into a big day in georgia. voters heading to the polls in the most expensive house election in history. as of this morning, the race neck and neck. truth or ups bridge for the
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holiday saying it might raise fees for holiday deliveries. the tree into it is going to be hot, hot bit more hide in state of arizona. the weather in phoenix is causing problems for travelers. lauren: 5:31 a.m. in ne yor thursday, june 20th. i am lauren simonetti. cheryl: i am cheryl casone comment your first look at morning markets and breaking news. heated mary jonah -- heat in arizona. lauren: can you really fry an egg on the pavement? tree into guess you can. kim jong il is brutal regime in north korea after otto warmbier the american city of three days ago with severe brain damage at the time has died. >> he spent a year and a half in north korea. a lot of bad things happened, but at least we got him home to
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be with his parents where they were so happy to see him, even though he was in very tough conditions, but he just passed away a little while ago. it's a brutal regime in mobile at a handle it. lauren: 22-year-old student at the university of virginia was arrested and detained at pyongyang airport last year that these preparing to come home. 15 years of hard labor for trying to steal a poster while visiting a tour group. rex tiller said -- released in three other americans still being held. >> what we know about the cause of otto warmbier death. the board-certified family emergency medicine. good morning to see you. what might an autopsy tell us about what has been while he was in north korea? >> and non-toxic and give us a lot of information.
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for example, if he had any underlying medical problems. dihe have small heart murmur or did he suffer from a virus possibly deliveries some of his issue. there's a parasite in his system. he can give us a lot of information and help give us the answers to some questions we may have. right now we speculate what caused this. what caused the young healthy intelligent man who went to north korea to be carried out unconscious in a coma and in a coma for over a year, for a little over a year. we need to definitely find out what caused this endless north korea sanction for proper treatment. >> for about a year, does that hurt the evidence gathering that they start the process today,
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does that hurt that? >> it makes you wonder why did they hide the fact that he was unconscious, that he was very ill? why did they wait until now, a week ago to release him. that tells me foul play has occurred. it's amazing with medical technology can be done and what can be discovered with an autopsy. interested and curious to see what it will show. what happened is such a tragedy and hopefully no one will ever have to endure what he's endured. north korea has been known to be brutal to his prisoners, and to murder them. from what i understand, they of course deny and they are still holdinthree her americans hostage. do you believe by senator john mccain has said point blank that this is murder by the regime an american citizen? >> effect that it took them so want to get the required necessary treatment resulted in his dad.
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his heart stopped and he wasn't pumping enough blood to the brain, why did it take someone to resuscitate him? that's what caused him to suffer from brain damage in tremendous injury. to the point where you can't walk, can't speak, can't communicate with his family. just a tragedy. that is what caused his death than they should be held accountable. we'll leave it there. lauren: thank you for your time today. cheryl: gop leaders are planning to vote next week on legislation to repeal large parts of obamacare. democrats try to put the brakes on their plan. they entire process is happening behind closed doors. chuck schumer asking mitch mcconnell if they will be able to read the bill. >> will it be available to us in the public more than 10 hours before we have to vote? >> you love apple opportunity to
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read the amended bill. >> will it be more than 10 hours? >> ample opportunity to read the bill. >> i rest my case. cheryl: mocrats say they are concerned republicans will propose of wl propose of those sweeping change in health care and try to pass it with limited debate before the july 4th recess. lauren: ups announced a new surcharge prices in time for the holidays. will this mean for retailers and consumers. tracee carrascas with more on this story. good morning. reporter: good morning. never too early to start thinking about this. this holiday season and 27 cents to 97 cents per package. ups will be adding holiday surcharge during the busiest weeks of the year. the surcharge between november and make dean in december 2nd in between december 17 and 23rd. ups wants to recoup money for vehicles added during the holiday season. the retailers promised shipping
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will face a tough choice as they have the surcharge is the cost of doing business. the surcharge only place to residential deliveries. retailers and shoppers they avoid charges by getting orders ship to store. an interesting that could drive shoppers back to brick-and-mortar stores were for traffic has been declining significantly. the surcharge could prompt competitors like fedex and the united states postal service to follow. also make it up for the massive investment in holiday deliveries. cheryl: obviously have for consumers potentially. how much extra money would this mean for ups from the ups shareholders? >> during the holiday season the volume is about 3 million packages per day. normal volume about nate p. million. that is a significant jump in there added up to a dollar per package potentially. train to profits coming in.
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the end of the year. obviously this keeps getting pushed back. what does that mean to you? are you nervous about tax reform getting done or not getting done for 2017? >> forgetting professional investors did. it has to be scratching his or her taken if not now, they controlled the presidency and congress. some investments they made were predicated and with the tax reform done. all ears are going to be on pollard's testimony today. dream to interest in having tolerated for not a camera. this is the topic for investors right now. lauren: 3% economic growth is all picked up lower taxes. trade to corporate rates. we will see.
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lauren: voters go to polls in a georgia suburban district of the most expensive house election. too close to call at this hour. we'll tell you what is at stake. identifying the suspect in the attack outside a mosque. more on that story as well. you are watching "fbn:am" ♪ at fidelity, trades are now just $4.95. we cut the price of trades to give investors even more value. and at $4.95, you can trade with a clear advantage. fidelity, where smarter investors will always be.
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cheryl: at 5:45 a.m. here in new york. let's get too caught up on what's happening now. investigative teams trying to figure out how philippine cargo ship collided with a navy destroyer. the cargo ship was likely on autopilot and the crew was asleep. so far no one knows where the two ships could not avoid each other. seven u.s. sailors died in the accident. police have identified the suspect accused of mowing down a crowd exiting ramadan prayers early monday morning. media reports a 47-year-old darren osbourne is under arrest and charged with terror fences. the least one person was killed, 10 others injured in that
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assault. expecting lenhard to report their openings. continues to recover. s&p hitting records last night. we'll see if we can do it again. that is what is happening now. lauren: thanks, cheryl. a high-stakes election in georgia appeared the most expensive election in history. it is next as voters go to the poll. brad blakeman, former adviser to george w. bush, goodo see you. i want to ask you how important is this race which conflict democrats were the first time in almost 40 years. here's the issue. 23 gop held house seats nationally for hillary clinton won the general election. is this being seen and treated as a bellwether? >> is depending how it goes. if the tape defeat, democrats will go crazy. perception becomes reality even
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for a short period. let's not dampen democrats are reminding them they are over three of special elections as trump has been elected president. louisiana, montana and kansas they have lost. the polls are very tiny. democrats pay $25 million. by the way, democrats couldn't find someone who lives in the district to run. if republicans win, obviously they are going to crawl all over the place that this is a harbinger of things to come and clear light years away politically from 20 team, which are the midterms. train to $60 spent on this race is unbelievable. the politics average polling shows ossof has a slight lead. he's at 49.6%. too close to call obviously. what spending do you think
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helped the republican ticket? >> is spending helps both and that is reflected in the polls. this is a republican district. hhs won by 20 points. so the money is a huge factor. let's remember special elections are all about turnout because it's the only game in town. you have to make sure you're pulling your people to the polls. the good news for republicans is they are quite substantial in early voting. >> let's talk about early turnout. 140,000 ballot already. how big do you expect turnout to be? >> turnout will be important and i think it's going to be very surprising in a special election to have this attention given to it in the enthusiasm by both sides. it is incumbent upon republicans and democrats to get people to the polls.
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you have to really motivate people to get out to the polls. i believe republicans still have an advantage and it is my hope that kerry will win. cheryl: final question here. do you think this is going to be a referendum on the trump administration because he's got college-educated moderate republicans. the voter may be frustrated at the lack of movement on tax reform health care. it's at least going to be critical today? >> this is 700,000 people in a district in georgia. it's not in my opinion reflective of a national trend although it would respond that way by either side who wins. the main thing for republicans is we have to produce in 2017. that is critical of the 2018. dreamed to donald trump only won by two points. it's going to be amazing.
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[ laughing ] it's driving me crazy come on. [ spitting from tongue ] time for my secret weapon. sports, movies, tv, ah, show me music to distract a minion. [ voice remote click ] oh! [ pharrell starts to play ] [ minion so happy to see screen ] ahh! i'm pretty smart. ahhh! [ lots of minions ] [ mooing sound ] show me unicorns. [ click noise for tv ]
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ahhh! that works too. find your awesome with the xfinity x1 voice remote. see despicable me 3. in theaters in june. turning to dozens of flights out of flights out of arizona sky harbor international are being canceled because it's simply too hot to fly. american airlines has smaller planes have a maximum operating
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temperature of 118 degrees and they can perform when it's 120 degrees, which is an expected number we would hear about today in phoenix. we will shall see what happens. since 1990 the record temperature back 122 degrees. actually shut down the airport that day. american is giving passengers the option of a refund or free booking on a different flight. i was in phoenix that day. lauren: what did it feel like? drink if you like your internal organs are cooking when it's 122 degrees out. lauren: will talk about the heat wave. students in the northeast. would you know this morning? >> let's start off with the heat. by the late arizona, but in towards new mexico. he divisor rehear with the mercury topping over 100 degrees and as you ladies were mentioning, 100 night team,
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120 degrees across the southwest and they've canceled flights because they just can't take off the smaller planes and 120-degree heat. hundreds of reports of hail damaging. a tornado outside of the d.c. area. 70 per my lower legs. nobody was hurt which is good news. we have a potential tropical cyclone that is going to develop today. already warning folks along the gulf coast including texas and louisiana. we are expecting the storm to develop today make a landfall wednesday, thursday. tropical storms up even though they haven't been disturbed regardless of ticket but they were not. favor rainfall is the story of eight to 10 to 12 inches of heavy rain. this is something we are watching here at a lot of stories to cover today. extreme heat can a severe tropical threat. cheryl: looking for my t-shirt that says i survived 122. i bring it this morning.
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reporter: that's definitely a throwback. cheryl: yesterdays, showing my age. reporter: you were five. rink to that was funny. here's a question for you. should whole food workers be worried about the revenge of the robot. we will have that story when we come back. the >> dancing in the moonlight the ♪ here comes the fun with sea-doo starting at just $5,299 and up to $500 rebate visit sea-doo.com today
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...a free trial of gocentral from godaddy cheryl: okay, when amazon takes over whole foods, purchases may be checked out by a robot. what you think of that? lauren: if they are fast, sure. cheryl: reportedly they will reduce the number of cashiers. that would be the same as the experimental amazon store. also, lorraine whole foods prices to make it competitive with wal-mart. obviously that's aig reason it was a story. lauren: the organic food cheaper essentially. the ones they are testing in seattle work with just three humans. cheryl: i like it as a consumer, but the job loss.
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it is going to be a very busy day. let's send it over to maria bartiromo. >> happy tuesday to you. good morning. i am maria bartiromo. it is tuesday, june 20th. 6:00 a.m. on the east coast. president trump takes aim at north korea after otto warmbier dies days after turning to the united states severe brain damage. the company that took into the country now saying it will no longer take americans there. he tragedy like this should never be repeated. on capitol hill, a push for reform. "wall street journal" that the health care boat taking place next week are holding firm tax reform will also get done this year. >> i have no higher priority than having tax reform done this year. we are working every day with the house and senate. we are committed to get this
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