it's a brilliant title. and it goes a long way toward explaining donald trump's version of the principle 8 powers in the 21st century. breaking news this morning. a flaw in microsoft software went second to blame. senate republican leaders had seen about had seen about him replacing obama cares majority leader mitch mcconnell delayed that bill. not just health care from the trump tax agenda could also be affected. >> worries has health care taken aback the trump agenda hammering stock yesterday. they settled up 100 points each. stop trying to recover this morning's features relatively flat. train to a question for all of you this morning. europeans unfairly targeting

americans tech company. regulators typing google with the record to .7 dollars fine. executives speaking. lauren: another milestone. more than a quarter of the world's population. >> in sports, pretty incredible. chicago white sox in the college world series is done. which college teams come out number one. lauren: wednesday, june 28th. i'm lauren simonetti. cheryl: i am cheryl casone. welcome to "fbn:am." >> good morning, tracee carrascas. >> companies in europe

capitalizing on the same vulnerabilities that froze more than 300,000 computer systems around the world with a cyberattack we saw in may. the cyberattack or government officials and businesses reported interference to the power brakes. government offices, drinks and stories in particular computers in nuclear power plants resulting in aviation novels. top oil producer have said data shipping giant in britain's wpp, the largest advertising company in the world. pharmaceutical giant merck became the first u.s. company impacted by the rent somewhere. companies that receive a message that the data is held hostage in held hostage come scrambling until payment was made. in this case currently under dollars and that the point. they share something in common

last month. both were spotted by using digital tools allegedly created by the national security agency and link to the west. they did not perform necessary security package for easy target. >> we have built up over the years the huge digital data. we haven't been keeping about today. that has led to the government killing again and again. >> a microsoft spokesperson says we are continuing to investigate and take appropriate action to protect customers. >> are they doing enough to deal with the threat? >> we see it again. they don't have the necessary antivirus in place for something like this. they need to have some sort of thing in place.

>> i wonder if this makes consumers afraid to do financial transactions. this makes people more worried. >> would have to start to pay attention. lauren: thank you. cheryl: following this morning the future of definite health care bill and possibly the entire trump economic agenda could all be in limbo right now. senate majority leader mitch mcconnell delayed plan before the july 4th recess. president trump meeting with gop senators at the white house yesterday. >> we are going to talk and see what we can do. we are getting very close. he can't be a bionic ear which is melting down. >> senator mcconnell saying he was actually helpful.

>> we make good progress. the president had an opportunity to hear from various members that concerns about market reforms in the future of medicaid and medicaid expansion. lauren: rand paul discussing the meeting with the help kerrville. >> i told the president tim open to supporting it, but it has to be cared for her. we keep too many obamacare regulations. we keep too many obamacare subsidies and we created new federal funds to subsidize insurance companies. we've got to look at all that. lauren: senate minority leader chuck schumer says this fight is not over. >> republicans cannot exercise the rotten core at the center of their health care bill. no matter what to eat family out

in the next week and a half, it's fundamentally flawed at the center. lauren: nine republican senators opposed the health care bill in its current worth. trying to brad blakeman joining us but the former deputy assistant george w. bush. what do you make of the fact this bill is not happening this week? this looks rough for mitch mcconnell. >> i don't think it does at all. the senators are doing the right things. thoughtfully going through the bill, less than a week to look at it. they are making changes and they will get a better bill out of the peered mitch mcconnell knows he has enough votes. it goes into a whole new development of reconciliation, of conference for the house and senate bills are discussed and we will have an entirely new

bill to present to the house and senate. not a bad thing. lauren: the road ahead is very long and essentially what you're trying to say. mcconnell said something yesterday that really got me. republicans need to come together to agree if we don't change obamacare, we are stuck with obamacare imploding or having to negotiate with democrat chuck schumer. it's >> s. could they do. they should not be rushed. were talking about maybe a week's delay. one thing is clear. we are going to get health care done before december. the reason i say december is 2017 must be a year of action because 2018 of the year reflection for the american people to go back to the polls. we need to get taxes done in health care done. cheryl: is the congressman and would then go home to their districts over the weekend, we are starting to see cracks in the party. steve womack of arkansas has

been given the opportunity to govern. we find every reason to vote not to enough absolutely incredible. localizing discourse in their own party. that could be bad news this weekend. >> when they go back home, they are hearing from constituents. every state is different in america and here's the problem. we did down the health care system that reflects the population in texas which are different than a population and concerns in new york. cheryl: interesting to see the constituents have to say this weekend. brad blakeman, thank you. lauren: some traders yesterday that the decision by the senate republican to put a vote on the bill to replace obamacare as concerns about the president's agenda of tax reform infrastructure spending. senior economist mark wagner joining us now to discuss the market's reaction. what's your take on what happened today?

>> there is a lot going on yesterday. certainly when they pulled the health care boat we could see the market selloff. a lot of the medical products, companies create and part of repealing obamacare it's with the way with attacks on medical products. that certainly was played out by the market. we also have cyberattacks. i don't think anybody would want to go into the close overexposed. >> this is the selloff was kind of twofold with health care was also the fire attack as well. >> folks just to tell how much were cyberattacks were going to get, whether we would find out later that the geographic reach was a little bit longer. i think the general feeling is health care is going to get done.

they just yesterday made a good point. the demographics of pennsylvania are much different than they are of texas or california. we do need to have a law that's flexible in those regards and gives a little more flexibility. >> do you think that you stop in an antitrust fine enough about for their practices in europe and the nasdaq fell enough yesterday affecting this seems talks. >> yeah, i think it had some impact. we focus on the worries about a trade war. we could see a regulatory work. there's a lot of angst about some of the fine in the financial sector and u.s. regulators. some people may feel a little payback where there is a lot of envy amongst the european political leaders. lauren: we've had the biggest selloff since may 23rd.

we are going into a holiday weekend. the kit features this morning pointing nowhere in particular for them not back. we may be in for a ride as we get closer to the holiday weekend. >> we have and have a lot of volatility for a long time in the market is a really positive run. getting a little bit of a pullback, it would not be out of order at all. lauren: just have to stress on the nasdaq coming down this month could jeopardize seven minutes a game. good seeing you. >> good to see you. cheryl: the headlines for your father this morning. the u.s. ambassador to the united nations expand on the tribes administration's warnings to syria about preparations for another chemical weapons attack. nikki haley speaking before a house panel same syrian president assad is also meant for a wider audience.

>> the goal is at this point not just to send aside a message but to send russia and iran a message. if this happens again, we are putting you on notice. drain to the u.s. launched a missile attack back in april. but saudi chemical attack by the regime. the syrian government denies carrying out that attack. nikki haley really getting into the spotlight. lauren: coming up from the president says the stolen helicopter fired on the countries supreme court. we are going to show you. >> the biggest fine ever by european regulators over the search business. the prophets of all the major tech companies. we will be right back.

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liberty mutual stood with us when a fire destroyed everything in our living room. we replaced it all without touching our savings. yeah, our insurance won't do that. no. you can leave worry behind when liberty stands with you™. liberty mutual insurance. lauren: good morning. my 15:00 a.m. in new york at the political crisis in venezuela getting worse. place helicopters fired on what nicholas maduro is going to coup attempt for the helicopter drugs worker named while judges were inside. also fired six shots of the interior administrator for scores of people writing social event. no reports of injuries. still no jury in the trial march in the proceedings wrapping up their second day without a single select did in more than

200 topped out. continue to report that there already biased again. he's accused of an $11 million ponzi scheme. best known for jacking up the price of mh drug. -- aids drugs. they fork over $23 million in ill-gotten gains from years of benefiting from their father's ponzi scheme. mark made off, and intravenous have agreed to cough up the money is part of a deal hashed out with the trustee here responsible for recovering money for investors. half the money will also go to the victims find which has recovered $9 billion for the terms thus far. we are seeing pressure for the tech stocks this morning. nasdaq futures down by by half of 1%. dow futures unchanged that that's what's happening now. cheryl: we talked about yesterday on this show.

the european union if you're with us yesterday assigned google a record to .72 billion for reaching antitrust rules. regulators claiming they've abused market dominance with an advantage to the company's other products. let's bring in prosecutor and criminal defense attorney david bruno. it just seems like the regulators are going up there american companies. executives from apple in particular saying this is too much. this needs to stop. >> recently apple, facebook and now google to .7 billion. one point i would like to point out is the federal trade commission had several trade practices and came out and said there were no unfair essays. this is inconsistent with their own commission's investigation several years ago. >> do expect google to continue to be targeted here with results and other products whether its

maps? >> a day specifically on this point in europe. two additional investigations going on by the e.u. into google practices and that is the absinthe as well as the android operating system. this could be a sign to some additional violations that can't for the e.u. against google. cheryl: google has got teams of attorneys they are paid over in europe. how hard are these antitrust cases? how hard is it to fight these in europe? >> much harder because when the violations also look at competitors. in the u.s., it is just the public. there is an additional layer. that's why we could be these inconsistencies. certainly an expect an appeal. they have a right to appeal. >> that was my question. this took seven years to bring down this to put them and billion dollars fine.

you do expect it to appeal. you expect them to change business practices as they were told to do? >> if they don't appeal, they have to pay to have to correct within 90 days. so yes, i do. i do expect them to bring it out. lauren: do they lose business, market share? >> a red 90% of the union, so i don't instill. something has to happen. cheryl: i can't help but think there is but think there is this anti-happening with regulators. >> they are so far behind in the tech industry. there's nothing to compete. from their perspective come the u.s. is coming in and taking over the tech business. lauren: are they really that far behind? >> google has 90% market share. >> mostly $19 billion in cash. to .7 billion mahouts. >> some of these could start

filing suits in the european union because it gives the ability to do that. drain to david, thank you very much. great perspective. lauren: could be one of the most pleasant days of the year in the northeast. how long will it last by storms moved across the country. coming up in the forecast. the new york yankees against the chicago white sox. the college world series is done. which college team is the best? we will tell you coming out. down half of 1% for the month lower as well. first time in eight months. we will be right back. the

cheryl: time now for sports. florida gators are a college world series champion. top rival lsu. maybe it was lucky brought back after winning day one. certainly rubbed off. the second innings one up the middle for rba single. the rally cuts hanging on the dugouts. eighth inning, bases loaded. another hit up the middle. three rbis to bring it. it is the first-ever college world series championship. the dodgers and angels score through five. here is one reason. back for another with wine. kiki hernandez from his knees to nail.

the ball is actually past fernandez. still able to make a strong throw. domestic spending, dodgers up one hour. the three-run home run. dodgers win for-0. cut the nationals steal the show for washington. the bases on the night all by the third inning. nationals when it. after the game, cubs catcher monteiro called out for being low to play. white sox strength and conditioning coach having some fun doing so moved before the game against the yankees. josé a borough with bases loaded, two out. white sox win it for-3. basketball and a possible shakeup in the office.

fans reporting that the knicks are parting ways as they completed a disappointing season in april and they miss the playoffs for the fourth straight year. ed-166. that could actually make sense. >> go their separate ways. another major cyberattack. the fallout with a vote for placing obamacare. but does this mean for the term agenda? the markets they can hit this morning. a look at the nasdaq down 20 points. dallas has to be done fractionally. you are watching "fbn:am". the >> my, my, my, boogie shoes ♪

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cheryl: breaking news this morning for you in a cyberattack sweeping the globe with the biggest companies in the world. a flawed microsoft software once again to blame. lauren: here we go again. but republican leaders are placing obamacare as they try to round up the votes to pass this controversial skill. how all of this could impact the trump tax agenda. trendy venue at the the health care doing into this. the dow, nasdaq about 100 points yesterday. features are still pointing to regular rope in.

trigger your target tech companies with the record to $.7 billion fine. who's next and how could this affect the giants profit? cheryl: facebook with another milestone. 2 billion users is more than a quarter of the world's population signing on to facebook. lauren: when did they hit 3 billion is but i want to know. wednesday, june 28. good morning. lauren simonetti. cheryl: and cheryl casone. welcome to "fbn:am," all the latest breaking news. a lot of breaking news this morning. the major cyberattack slamming companies all over the world. lauren: tracee carrascas you with those details. >> at morning paid the ransom or wreak havoc on europe and north america capitalizing on the same vulnerabilities that there was more than 300,000 computer systems around the world with

the attack was tied to cyberattack caused by the two target ukraine were government officials and businesses reported interference to the power grid. in particular, computer for noble plants were affected resulting radiation levels to be monitored manually. it was also happening at the data shipping giant in britain's wpp, the largest advertising company in the world. pharmaceutical company merck became the first u.s. company impacted by the ransom ware. essentially all that data would help cause screaming into the payment was made. in this case, $300 that quinn was demanded. security experts say tuesday's cyberattack share something in common. both were spread by using allegedly created by the national security agency and recently linked to the web.

systems that did not perform necessary security patches make for easy target. >> we have built up over the years a huge digital data. it really has led to the sort of problem occurring again and again. spokesperson says they are continuing to investigate them will take appropriate action to protect customers. customers have to protect themselves. how does all this now were spread and do we know if any of those victims paid $300 ransom? >> unfortunately takes one person to open up, e-mail a file. you don't even have to forward it. it just spreads automatically. >> they've got a staff that. i don't know if anyone's paid to read them yet. they still didn't get their files back. it's interesting the ransoms are typically small but it adds up.

cheryl: great story. thanks for covering it. feature the senate health care bill possibly admit trump economic agenda going forward but in limbo now. mitch mcconnell delayed the vote on the plan because there's not enough votes to pass it before the july 4th recess. president trump. president trump is meeting with gop senators yesterday at the white house. >> we are going to talk and see what we can do. we are getting very close. for the country we have to have health care and it can't be obamacare which is melting down. lauren: senator mcconnell and master legislator had a strategy session with the president and it is pretty helpful. >> would make good progress. the president had an opportunity to hear from the various members with concerns about market reforms and medicaid come in the future of medicaid and medicare expansion.

>> republican senator rand paul appeared on your world with neil komeito and discusses the president new bill. >> i told the president that i'm open to supporting it, but it has to get better and it has to be more of a repeal bill. we keep too many of the obamacare regulations and subsidies and created new federal fund to subsidize insurance companies. we've got to look at all of that. senate minority leader chuck schumer says this site is actually not over. >> the republicans cannot excise the rotten core at the center of their health care bill. no matter what tweets they may add in the next week and a half, is fundamentally flawed at the center. cheryl: dens against it in the nine republican senators opposing health care bill in its current form. lauren: so there's some trouble here. we will talk more about this.

the former deputy assistant george w. bush. hey, brad. what comes next year? donate again july 10 after the recess. he expects the coup by a moment amongst the conservatives. it will be a moment by which i think the bill will come together. amendments will be offered good concessions will be made. that's a big deal is all about. the party is making it in the party who's going to honor it. i believe they will go back to their districts coming their districts can you hear constituents, take a look because each day is different in the economy and population needs. we've got to get it right. mitch mcconnell is smart to give his members more time to digest this and make it a better bill. lauren: depends which they were talking about it in particular the issue of medicaid.

some states can operate the exchanges in the medicaid is not as big of an issue. new york for example it's a huge issue. does that dilute mcconnell's chances of getting something through after july 4th? >> i think it increases it. you have a better informed membership of the republican party because we can't count on the democrats. they should be thinking the republicans. but the republicans have to get it right. it affects one thinks of our economy. in this legislation i believe over time is going to have to be. >> we see obamacare implode. something does have to be done. do you expect the week of july 10th? is the next date are looking up for a vote? >> the week of july 10th insight into august. lauren: how far can it lead? >> we can't go beyond august 15th and here is why. in the fall, we are going to see

rates for 2018 coming out. insurance companies have to have time to digest what the type of market is going to look like in 2018 in a mythic to my god because i have obamacare and in virginia i only have two choices. >> you're going to be a victim. investors may be the demise as well if this doesn't get sorted out in the next couple weeks. lauren: thank you, brad. good to see you. cheryl: some traders are saying that senate republicans to postpone the vote on the bill really as concerned about the entire economic agenda president trump. let's bring in mark vittner from wells fargo. the overall agenda. we saw this yesterday, but it's really about tax reform. the budget, there's two big hurdles before you get the tax reform. >> we've got all sorts of issues coming our way. we'll have volatility coming

back to the market. health care is so important because they made it important. they said we have to get health care reform in to do tax reform. when health care reform certainly can't do that, they told them they had to do that and that's why they did it first before they could get a tax reform. and so that's why we had the reaction we did. the nasdaq was down doubling because of cyberattacks and because the medical device tax is less likely to be repealed, would be repealed if we don't get health care anymore. >> would you say it's a good buying opportunity? >> we have been due for a correction for some time. i don't know if this is good or not. when the health care bill failed in the house, where the pullback on the market. it is tough. trading tends to get a little bit more volatility come is

comes something we haven't had in a while. i think we'll be in for some interesting days this summer. cheryl: before we let you go, your outlook for the rest of the year. on the discourse in washington affect your outlook for the economy in 2017? >> it doesn't affect for 2017 because health care reform is it going to kick in until 20 made team-2020. the tax reform would impact 2018. most of the benefits we've gotten from trend so far has been a regulatory area. that has been pretty significant and is one of the reasons we've had a little bit of wind at our back. cheryl: if you don't get the tax reform and it's not rich or active, you've got the issue. >> that would still be going forward in 2018. trade to embark on a thank you. you are more positive than me. i like that. trade the lexicon of the global market action overnight.

the biggest decline in japan, the nikkei and china's shanghai composite down half of 1%. trade to european stocks as easy and your screen actually another day in the red following u.s. stock market closing last name. cacm 25. u.s. stocks trying to look down. going down a full point. it has been a struggle. as struggle. as to be down slightly. nasdaq futures down 18 points. a 31% the nasdaq is doing better than it was. cheryl: we are celebrating a little bit tree. taking a look at oil. 44.09. pushing higher yesterday and right now pulled aside by nearly $6. the fourth-quarter results before the opening calling for earnings at 71 cents per share.

a profit of dollar 76 cents a share. tran do you want to stay with us because former vice presidential candidate sarah palin has taken "the new york times" to court. that's a big story. after two days, not one juror has succeeded in the case against martin shkreli. he claims he can get a trial. we will talk to her attorney about that one. down out of 10. look at the s&p up a quarter reported.

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cheryl: it is 545-nanometer let's get caught up with what is happening now. sarah palin is suing "the new york times." they say that paper defamed her in an article that cater to january 20,007 -- 2007 shooting as gabrielle giffords. 13 hours after steve scalise was shot and wounded while practicing with the gop baseball team. we should see that the times did retract that story. facebook is reaching another mountain. ceo mark zuckerberg says they now have 2 billion users could facebook has an average of 800 million people face looks

like button every day. later today the federal reserve to release results of the final round of the stress test and evaluating the financial help. wells fargo has passed previous tests but this year could be different because of an accounting scandal we covered on fox business. the dow is starting to move higher up by 21. this is happening in the last five, six minutes or so. >> i want to point out the financials were one of the top set yours yesterday. here's a story sure knows a lot about. martin shkreli with this third today. jurors say they can't be fair to managing notoriety by raising the price of the life-saving doug by more than 5000%. former prosecutor david bruno to talk about this. good to see you. >> she's been following this in brooklyn for rest.

the >> ackermann they can and they will. it's going to take time. obviously there is a bias out there and this is why we have a deliberative process. the raising of the price on drugs has nothing to do with the charges and things he's accused of in the federal report. it counts, security and wire fraud. said yes, has to do a good job to make sure everybody can decide the case on the facts. >> he tried for a mistrial yesterday morning at 9:00 a.m. the judge said no, we're going to keep moving. the press coverage is a problem. i would argue his client is a problem. >> actually false. there is a process here. the judge is going to bring everyone unqualified than to get those people and then challenges attorneys start to strike jurors for no reason whatsoever.

has to be gender neutral reasons. but yes, it could take time especially in high-profile case like this. yellen do you think his attorney is telling martin shkreli, stop doing this and acting strange in the courtroom. >> share, they're looking at them throughout the entire process. >> geac strange. he's going to go down because of it. jurors are not. they are perceiving him and they have to make decisions about his life. cheryl: what are your thoughts on him? what do we know about him? i know he's a high-profile defense attorney. tell us more. >> i don't know him personally but he does have a tremendous reputation. i call it an arena. it's very important to be in front of the jury, be comfortable, question witnesses and confront them. so to have that experience is

very important. lauren: can the trial be moved? >> again but it won't be. we recently saw the boston bombing case. that was not moved by the district court. not being changed. they're going to fund the jury. it may take a while. >> are you surprised your selection is taking so long? today is day three. taxes could go on for several more days. is that normal? >> it is and i'm not surprised whatsoever. you have a high-profile nature, facts and the length of the trial may be debilitating. they come in their and have hardships, health reasons and things like that. those are all reasons the judge makes potential juror. >> how i do think it will take? >> this is a sign with a couple of days already.

there have been problems because of the statement as well as the facts. cheryl: i know you've got to go, but the media also have their own attorney. walking in and representing the press out of the courtroom yesterday. they said no, we need to cover this. >> right now the conversations happening on the side and that was one of the motions the defense attorney made. they are not excluded. lauren: david bruno, thank you. cheryl: i'll be calling you later. it could be one of the most days of the year in the northeast. not sure how long it's going to last. fox senior meteorologist janice dean as we go into the weekend. an incredible story in the air.

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lauren: a check of the weather, severe storms with a threat for strong winds, heavy rain and isolated tornadoes. high fire danger does continue across the west. a look at the forecast for today. senior meteorologist janice dean.

good to see you. i did want to point out we have severe weather. it's going to be beautiful. cheryl: yes, absolutely. let's start off with the potential for severe storm and will talk about the good stuff. you can see dust are starting to fire across the upper midwest and great lakes region, large hail, dental country and damaging winds tonight into tomorrow will be initiated in green, yellow and orange ongoing. another batch of severe storms possible. keep notice that. you know what to do during a watch or warning. large fires burning across the west. warm temperatures, dry conditions for parts of nevada and the four corners. be aware that. still warm across the southwest. the gold coast in parts of the southeast as well as strong and severe storms for the midwest

and then look at new york city. 81 degrees, beautiful sunshine will take it all up and down the east coast looking good. heading into the long weekend we will start to feel those hot, sticky temperatures heading into july. if you are going to take a day off, today is the day in the northeast. lauren: or have lunch outside. good to see you. cheryl: we've got a lot more coming up. baby on board headed for dallas. we will tell you what the new baby got as a gift from the airlines. straightahead on transcendent. -- "fbn:am." ♪ ♪ don't go chasing waterfalls ♪ drive three-quarters of a car? now if you had liberty mutual new car replacement™,

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cheryl: a little something special on the air. a woman giving birth to a baby boy. christina patten 36 weeks pregnant when she boarded a flight from fort lauderdale. an hour into the fight she starts having contractions. lauren: wouldn't believe it but a pediatrician and a nurse her a nurse or on-the-fly. it was diverted to new orleans. spirit airlines giving a healthy baby boy free travel for his entire life and honor can even born on the flight. but the catch is it's only free if he fights on his birthday.

cheryl: so it's official, spirit is still the worst airline. every year the airline is worth the rent airline -- ranked the worst airline. >> a dramatic welcome back, maria. >> thank you so much. so happy to be back. happy when they come everybody. i maria bartiromo and it is wednesday june 28. your top stories at 6:00 a.m. on the east coast. businesses crippled. the hack at hitting asia as we are waking up this morning, authorities separately investigating the breach of a nuclear facility in the united states. that cyberthreat coming out. dow industrial up about s&p 500 fractionally better. we are taking a look at this next picture. the technology