tv FBN AM FOX Business July 17, 2017 5:00am-6:00am EDT
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torch, lou. you will receive an autograpped copy. cheryl: breaking news this morning could majority leader this morning at majority leader mitch become a this morning. majority leader mitchell, plan to vote to repeal obama tarantella john mccain recovers from surgery to remove a blood clot. lauren: president trump in the white house trying to focus the economic agenda. watching the made in america campaign. >> investors rattled by the at washington. the dow up over 1% last week. all the features point to the upside. >> in your stocks open higher as brexit talks resume. ftse higher by 27, dax lower by
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46. cheryl: saxon china falling one point or 5% despite better than a growth for the economy and changes slightly higher. lea: netflix kicks off after the battle. strong subscriber growth is expected by the premium service. train to zoo with the number one, eighth spiderman. we will reveal the box office winner. ♪ lea: good monday morning. 5:01 a.m. here in new york. i am transfixing for lauren simonetti. cheryl: good morning. i am cheryl casone. a lot of breaking news that happened over the weekend. senate republicans come you can
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call this killing. they will not vote on a bill to repeal and replace obamacare this weekend. majority leader mitch mcconnell delaying the vote because senator john mccain is in arizona recovering from surgery to remove a blood clot above his left eye. officials and gop lawmakers are weighing in on the show. >> the fact of the federal government came in eight years ago, seven years ago said this is the check to purchase. when the government says this is which you have to purchase, it doesn't include there may include more than you wonder doesn't include what you want. >> people are now understanding the benefits of this better care plan in terms of bringing down the price of health care in making it more available to more people as they can choose what they wanted a price they can afford. >> they can repeal its many taxes and regulations and mandates as they possibly can.
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i still think the entire 52 of us could get together any more narrow green repeal and i think it still could be done. >> this bill would make sweeping and deep cuts in medicaid program, which has been a safety net program on the books for more than 50 years. >> another potential wrinkle in the approval process. cbo congressional budget office has postponed the analysis of the health care bill. senate economies to support 50 gop senators to pass the measure. train to that of course the big question this morning. moving over to the white house the white house, a lawyer for president trump defending the meeting donald trump had with the russian lawyer terry lester's presidential campaign. jay sekulow says nothing happened that was illegal. >> effect is what took place during that meeting, and even on the e-mail says donald trump junior laid them out, we are not
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violations of the statute. when you talk about russian collusion, to violate what law? >> senator mark warner the senate intelligence committee says the latest development to another level. >> this is the first time the public and even black-and-white on the e-mail thread clear evidence that the russians and particularly a government effort to try to undermine and help trump. >> the white house utilize any collusion. train to the white house launching a made in america campaign announced later today. a week of events aimed at reinforcing products that are well made in the native states. the trump administration also going to emphasize how rolling back regulations and tax reform will help more companies make more products in america.
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president chen big steaming us-made products in support of american manufacturers. >> a princeton graduate student accused this pain in iran sentenced to 10 years in prison. identifying the man is a fourth-year history student doing a circle research on iran. he was arrested last august and accused of passing confidential information to u.s. state department. officials working with the family in the u.s. government to secure his release. cheryl: summertime tragedy in the state of arizona to tell you about. then people are dead including two children after he flashed wide swept away a swimming hole, very popular with locals. a total of 14 people swept down the river inside the national forest when the floodwaters arrived. they were swimming in the creek to cool off. officials say it happened so
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fast they had no warning. one witness describing what they saw. >> he was up to about five feet and want to say. it was just coming down hard. a lot of water rushing down you don't see that everyday. it was crazy seeing that in seeing these people that need help. cheryl: search and rescue efforts still underway this morning. it's monsoon season in central arizona. massive thunderstorms can develop very quickly and that is that they believe led to the flood. lea: the sun valley conference may have yielded with a lot of other headlines breaking news this morning. reporter: we are hearing more about the sun valley idaho conference this week. monday year she's been built
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with warren buffett of berkshire hathaway inc. that cable mogul john malone with the carter communications. the meeting possibly about investing in spring. the talks are preliminary. all of this according to the journal report. since comcast has been in exclusive talks about an agreement that would allow them to reach a wireless service under their own cable brand, merger talks with t-mobile. >> that could be a major deal. cheryl: sprint with regard to prior during gamble. >> investor with the plans with 3.3 of alien p&g stock. the move would make p&g with the market rally of 22 billion the largest company to face a proxy. it would mark a new milestone
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with the biggest u.s. companies in recent years after five months of discussions when they reject the demand for trained to name the director last week. lea: let's talk about movies for a second and tv shows. reporter: most people were up late watching "game of thrones." hbo's website was no match for the "game of thrones" fans last night. hbo's website crashed during the seventh season premiere. people who tried to watch a man got an error message saying there is a problem loading the page. the website return to working order during the final half of the episode. hbo is the streaming service
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also with viewers for the first half of the episode. fans were furious, took to twitter to complain. a spokeswoman told the hollywood reporter that hbo goes experiencing outages on sunday in the region was working to resolve the problems, but hbo hadn't been any widespread issues that hbo go for hbo now in the united states. a lot of people not happy about that. i wouldn't be. lea: that's what happens in a tv show becomes too popular. we were in bed sleeping. cheryl: people freak out about that show. i'll be honest, i've never seen an episode. >> they have a massive following, i can only imagine the outbreak. cheryl: information about subscribers exposed to unauthorized access.
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dow jones spokesman said that eric can dow jones spokesman for the error came about when the publisher of "the wall street journal" was configuring a cloud computing surveys. 2 million subscribers were affected. some included customer names, e-mails from the physical addresses and credit card numbers. dow jones with the corporation in the sister company of 20% fox would chose what you are watching right now. >> the biggest earnings will come from that likes. expecting 60% growth in earnings and a 31% growth in revenue. investors focusing on subscriber growth expected to lead to .6 million subscribers internationally. netflix has just been burning through cash with marketing and expect to get it out for years to come. up over 30% so far. >> to production companies will not be as much for your show. you're welcome. one of the problems with online
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shopping for people living in apartment here in new york city is how you get your packages delivered with a deal to accept a delivery. reporting that jets.com which is owned by wal-mart and real estate technology are going to provide free installation of days technology for lobbying chu says in 1000 of the buildings here in new york city. the generated with each order. the program could reach 100,000 people and new yorkers would be very happy. work for planet of the apes won the race for the weekend box office. >> you'll never be one of them.
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trim for the third film in the modern-day trilogy about the longest franchises in hollywood history to crowd $655 million. spiderman homecoming raked in 117 million on his debut with 45 plate to lead this weekend. a 60% drop off. the despicable than a three with 18 million. action comedy baby driver came in third with a .8 million running out the top five. >> heading over the weekend in case you missed it. another big setback for republican efforts to get a health care bill passed. surgery for john mccain has delayed the vote. >> i believe as soon as we have a full contingent senators that we will have to vote. it's important that we do so. cheryl: publishers getting ready to this and it bucks for a book by former fbi terry james comey.
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oscar for his per trail of both lugosi in 1994. former fbi director james comey ready to cash in at the book about his career could do near 10 supports comey has been been meeting with editors and publishers expected to pay big money for their rights. one publisher prepared to offer $10 million. publishers are saying the relationship of president trump will be a bestseller. now your letters can have a dark side. featuring 10 classic disney villains. they will include the queen from snow white, captain hook from peter pan in scarlet from the lion king and that's what's happening now. >> great new characters, leo. a lot in washington and republicans now have had to delay their fight to repeal and replace obamacare with john mccain on the sidelines recovering from surgery.
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they get the bill passed. let's bring in ron christie, former specialist to president george w. bush and ceo of christie strategies. good morning. obviously a big setback for republicans over the weekend. will the votes be there or does the delay hurt them? >> i think both. the delay hurt then. what if they tell you republicans about seven years to get their act together, seven years to find a way to not only repeal the affordable care act which is not affordable, but to put forth a credible alternative they don't have the votes come in to another position and don't have a vehicle at this juncture. i think you'll pass the senate regardless of whether senator mccain is here or not. >> rough news for mcconnell if that happens. they are not working it altogether. i'm curious if possibly there is going to do some potential bipartisanship and they are feeling assays.
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>> the democrats have shown no willingness, no interest, no inclination to help fix this bad bill, to find a way to actually make sure americans have access to all demagogues this the best they can in any and all opportunities they can. unfortunately rather than doing what they should do to the best of their constituents, they want the best of the parties. i'm not looking to see if the bad bill >> they want to see the politics of it. under a bad health care law they just want to see the republican bill. he said it doesn't go far enough to repeal. he told ray part of room out that i promise -- maria
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bartiromo but i promise this to my constituents. is this true that it's obamacare late? we make it think it is. still running a very expensive high risk pool. what we need to do as conservative as they say for the first time in american history the united states government has says we are going to mandate you buy a particular good or service. in this instance it's health care and we need to repeal it. acreage rand paul we need to get rid of the bill. still a government run, government subsidized program. it doesn't do enough to bend the cost curve or not frankly in my view to bring down the cost of the americans choosing the options they want for health care. i think a lot of conservatives in the united states senate who look at this and say still too much come is still too expensive. >> a lot of governors coming out in conservative states worried about the medicaid situation.
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ron christie, thank you for your perspective. >> thank you. good to see you. hot and humid weather across the country. a big event over the weekend here in new york city. cheryl casone air. sponsoring a lasting new york city and you just saw her around cheryl casone was in it. >> looking off them. no makeup air. cheryl: we will have the highlight. lea: you are watching "fbn:am." ♪
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cheryl: the fox business network once again the proud sponsor of the last 10 new york city triathlon over the weekend. thousands of athletes swimming the hudson and then run six then run 6.2 miles into new york's famous central park. myself along with fox business thinkers liz claman and kennedy, darius kennedy runway to participate this year. she did great. so many athletes were fox business viewers. they stopped by to face cam right after the race. >> we are very happy to be here. especially thanks to fox business network. beside your sign every mile on the run course that was motivating and here we are. thanks so much. >> just to tell you -- big shout out to talk business news.
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[inaudible] thank you did not. >> thank you, fox business. what a great event. liz claman, i missed you. >> she was there. new york city's only triathlon. i also want to add speaking of fox business in liz claman, raising $75,000. they've built custom homes for veteran needs. lea: did you know how much of an asset or cheryl casone us? your 19 doing this. people want to know about seven in the hudson rail quake. >> not as bad as you think, but not the cleanest water. lea: let's get a literature forecast with david steen. good morning.
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reporter: cloud the water is good for you, cheryl. current temperatures across the map. 73 new york from 57 chicago, 81 tampa. the past six hours i want to show you where we could see potential for showers and thunderstorms across portions of the southeast as well as the four corners. the monsoon season in the potential for heavy rainfall thunderstorms as well. great lakes where we could see isolated tornadoes. potentially across the four corners area where we could see heavy rainfall which is beneficial but a lot of free miniature. time will cause flooding concerns. back to you ladies. >> coming outcome of the latest on the delays for republican plans to replace obamacare. you are watching "fbn:am."
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and with heart disease, your risk is even higher. you didn't know that. no. yeah. but, wait, there's good news for adults who have type 2 diabetes and heart disease. jardiance is the only type 2 diabetes pill with a lifesaving cardiovascular benefit. jardiance is proven to both significantly reduce the chance of dying from a cardiovascular event in adults who have type 2 diabetes and heart disease and lower your a1c. jardiance can cause serious side effects including dehydration. this may cause you to feel dizzy, faint, or lightheaded, or weak upon standing. ketoacidosis is a serious side effect that may be fatal. symptoms include nausea, vomiting, stomach pain, tiredness, and trouble breathing. stop taking jardiance and call your doctor right away if you have symptoms of ketoacidosis or an allergic reaction. symptoms of an allergic reaction include rash, swelling, and difficulty breathing or swallowing. do not take jardiance if you are on dialysis or have severe kidney problems. other side effects are sudden kidney problems, genital yeast infections, increased bad cholesterol, and urinary tract infections, which may be serious. taking jardiance with a sulfonylurea or insulin may cause low blood sugar. tell your doctor about all the medicines you take
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cheryl: breaking news this morning. i sat back to repeal obamacare. majority leader mitch mcconnell delayed a vote until john mccain recovers from surgery to remove a blood clot. lea: president tram train to refocus their message on the economic agenda. the president will launch a made in america campaign. cheryl: investors not rather the news out of washington. right now talk about stock futures fractionally going and. lea: in europe, markets edging higher this morning by 13. the dax in germany lower by 16.
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cheryl: in asia, japan's nikkei falling one point for 5% for the chinese economy. lea: a big week for earnings. netflix kicks off this week "after the bell" was strong subscriber growth suspected for the service. who topped the box office. we will have the weekend winter for you. dream 35:31 a.m. in new york on monday, july 17th. lea gabrielle in for lauren simonetti. cheryl: good morning. i'm cheryl casone. senate republicans will not vote on their bill. majority leader mitch mcconnell delaying the vote
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because john mccain is in arizona recovering from surgery to remove a blood clot allows his left thigh. officials and gop lawmakers weighed in. take a listen. >> the fact the federal government canyon acres ago and said this is a check to purchase, that's over trying to get away from. when the government says this is a check to purchase, the necessity doesn't include there may include what you want. >> people know understanding the benefits of the better care plan in terms of bringing down the price of health care and making it more available to more people. they can choose what they want at a price they can afford. >> the one thing we can repeal as many taxes and regulations and mandates as they possibly can. i still think the entire 52 of us could get together in a more narrow queen repealing it still can be done. >> this bill would make sweeping
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and deep cuts in the medicaid program, which has been a safety net program on the books for more than 50 years. cheryl: another potential in the process, the congressional budget office has postponed the release. her analysis of the bill was 50 gop senators to pass the measure. a lawyer for president tram defending the meeting donald trump junior had with the russian lawyer during last year's presidential campaign. jay sekulow says nothing happened that was illegal. >> the fact is what took place during that meeting, even on the basis of the e-mails as donald trump junior laid them out were not violations of the statute. when you talk about russian collusion, colluding to do what? to violate what law? cheryl: senator mark warner in the senate intelligence committee says the latest
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development moves his investigation to another level. >> this is the first time that the public has seen in black-and-white on the e-mails clear evidence that the russians and particularly our russian government effort to try to undermine clinton, health trump. cheryl: well, the white house denies any collusion between the trump campaign in russia. lea: meanwhile, the white house is launching a made in america campaign. the week of events reinforced in the presence of products made in the u.s. the trump administration will emphasize how one back regulations will help more companies make more products right here in america. president trump will examine us-made products at the white house before he speaks to reporters about the raid support of american manufacturing. lea: princeton graduate student accused of spying in a band with 10 years in prison.
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princeton has identified the man, a four year history student doing historical research on iran. he was arrested last august of the u.s. state department. officials say they are working with the family and the u.s. government to secure his release. lea: summertime trudged in arizona lays nine people dead including two children after flash floods hit with the seminole. 14 people out of the east verde river inside the national forest inhabited the fund waters. it happened so fast the victims had no warning. one witness described what she saw. >> it was up to about five feet a want to say. it was coming down hard. a lot of water rushing down. it was something like you see in
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the movie. you don't see that every day. it was crazy seeing that in see these people that needed help. lea: search and rescue efforts underway. monsoon season in central arizona and thunderstorms developed very quickly there. cheryl: brides to be in panic mode. the popular bread over a teller at several locations across the country they filed for bankruptcy. lea: can imagine not happy when you're trying to get married. tracee carrascas joins us more about another headlines. >> for either one group of people you do not wonder that is. alfred angelo bride abruptly closed doors thursday night after filing for chapter bankruptcy. it felt kind of 1400 locations. closing stilted brides to be
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were sent into a frenzy trying to track down the dresses they paid for. >> i can figure something out, but i'm still upset because they pay for something. kind enough to get a refund or address. lea: the website has a brief statement that we apologize for the inconvenience and hardship resulting from this event. cheryl: thanks a lot. reporter: it doesn't seem like enough. lea: brides are always trying to watch their way, not always, but a lot of them try to watch their weight can not eat things like bacon. bacon prices are on the rise right now. reporter: wasting bacon on everything from burgers to donuts another break-in crazes pushing u.s. pork belly prices to new highs. the part of the hog as been around 80%. americans bought around 14% more bacon at stores in 2016 dan in
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2013 according to market research. bacon which was once considered a more unhealthy byproduct of a hog compared with price cuts at workshops and tenderloins have become popular in the past decade as more people are eager to embrace it. i feel that people are always eager to embrace bacon. cheryl: anyway, there is a new number one movie at the box office. reporter: yes, there sure is. planet of the excerpt on spiderman homecoming at the box office opening this weekend with $56.5 million in ticket sales. spiderman dropped a set of $4,522,000,000 after it debuted last weekend with 117 million. the third film in the series after rise of the planet of the apes in don of the planet of the apes. we will see what happens next week when the widely anticipated film dunkerque opens. reporter: i'm looking forward to that one.
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it looks pretty good. lea: i saw spiderman and i love the new spiderman. he's fantastic. cheryl: he's 14, right? >> is that third one. cheryl: thank you very much. lea: an error by dow jones blast other information about subscribers exposed to possible access. the error came about when the publisher for "the wall street journal" was configuring the cloud service. 2 million subscribers were affected. some records include names, e-mail addresses and physical addresses and credit card numbers. dow jones is a sister company of 21st century fox which on fox business network. cheryl: we are happy you are watching the fox business network. great to see all of you. coming up, a lot more news to get to. the white house wants to refocus
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cheryl: welcome back. the sketch. the sketcher caught up on what's happening now. legendary creator of the night of the living dead zombie franchise romero has died. he was 77 years old. he covered and directed the 1968 movie which went on to become a classic which should be rare at the time of its release to start an african-american actor in the lead role. in 1999 the library of congress added the national registry of film. a car crashing into a house is not uncommon. how about when you crash into the roof of the house? that's what happened in st. louis. incredible pictures as you can see. a driver lost control of a car. it launched off a hill into the roof of the house. luckily, nobody was home at the time. the driver is in critical condition with lower bodily injuries. fishermen in minnesota won't let
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the governor fish. protesters circled the governor spoke over the weekend protesting a temporary ban on fishing walleyes which is the state fish. the bans in effect until july 27th intent to preserve the population. no fishing for you. that's what is happening now. >> senate majority leader mitch mcconnell until he returns from surgery. joining us now is anthony chan. nice to see you. markets will be taking the latest setback in stride and that is really what we've seen since the election with a progrowth agenda. what do you think will happen now when will that continue? >> is very clear. it's going to be another unnecessary delay of republicans , perhaps disappointment. given the fact they can afford, mitch mcconnell have to put on a full-court press to make sure
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they don't lose any additional voters. we heard over the weekend that susan collins has said there may be another eight to 10 republicans on the friends. that's a disappointment simply because republicans have said repeatedly they want to do health care reform before the move on. this is another unfortunate setback. >> to take brackets will continue taking this in stride? they've been able to take some of these ups and downs we've seen. >> i really think so. obviously it's an unfortunate situation for senator mccain. a big disappointment. this is not something happening because of an internal situation. this is a little more serious. got on the fact that i believe the markets have very, very low expectations with regard to health care reform and even with regard to tax reform. i don't think the markets will be hurt that much.
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>> this is a really busy week for earnings. what's more important is the feedback rock, netflix, goldman, ge. what's more important? earnings or washington policy over the course of this week? >> there's no question that a couple weeks investors are more focused on earnings. we saw the financial stocks have a pretty good earnings kicking it off. i think that this will give you another good earnings season. not as strong as the first quarter, but you'll probably get something in the neighborhood of 8% on a year-to-year basis. the aerosol will be some more north of 8% and mixture perhaps even better if all those taxes we talked about earlier sort of dissipate can we get some reform. later is better than never. cheryl: we will see. thanks for your cake this
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morning. train to anthony chan, always great to talk about for everything but the markets. jed max is joining us with all the latest in sports. baseball marathon. they make history at wimbledon. plus, we just mentioned this week goldman, morgan stanley reporting. we will have a global view. a live report from london is coming up is because of great. u.s. stock market futures barely changed right now. you are watching "fbn:am." you always pay
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baseball renewed this weekend at fenway park in boston. lea: indeed. joining us with all your sports is our very own chariot max. >> sharer, it was like the boston and new york city marathons holding 21. boston red sox and new york yankees played three games. over 12 hours of baseball. the one a six-hour game saturday. look at this. major the coma major aaron judge eighth-inning by jackie bradley junior. eight strikeouts as boston won three nothing. they stayed three games. the chicago comes from patty in baltimore this weekend hitting 10 home runs in tempe arts are the defending world series champs wrapped up josé quintana from the white sox over the all-star at his best game of the year. he struck out a dozen.
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what's the greatest difference between roger fetters eighth title in the senate five years ago? the answer is money. a lot of money. make sure perk varicella twinning yesterday. get this one. he last won in 2012. his prize money was one point when 5 million british pounds. earning the check for 2.2 million pounds. the record title from an 18th grandstand did not lose a single set this year. after the match, kind of a cool moment. we got to see federer grieving family and friends as he made his way towards the balcony. again kissing folks in thousands of fans cheering him on. as roger federer has won more majors than anybody else. take a look at the numbers here. that is 19 titles over 15 years. five out of five americans pete sampras.
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that will take august 2018. the john deere classic in illinois. captured his first pga tour event to read. he fellow american patrick rogers paper dean for the final six holes. he birdied 17 and 18. d. shen though winning the british open. also $1 million. not a bad day. trump national golf club, the commander chief at the best season in the house. got to watch 23-year-old had her first event. the second straight day wednesday two shots for $900,000. nascar new hampshire recently picked up his first victory of the season but took the lead with 33 laps to go in front of kyl larson for the victory. kevin harbert joining morgan cytherea today at 8:50 so the
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nascar conversation continues. cheryl: dagen is hosting, so watch out for that. that was an amazing behind-the-scenes moment. >> we haven't seen that before. it felt like we were watching the family, looking into maybe thanksgiving dinner. you see what a gentleman he is. he's still getting it done. he's 35. a finalist in wimbledon. not necessarily a kids game. trained great in triathlon. trained to thank you for doing sports. so happier part of the show today. you can catch the reports on sirius xm channel 150. lea: coming up, we'll go live to "the wall street journal" for a global look at the banking industry straight ahead here on "fbn:am."
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lot of earlier with anthony chan. a lot of numbers coming out. lea: yes, we sure will. another thing we've been talking about friday consumer prices unchanged in june. that is of course dampening expectations of economic growth in the second quarter. also things people can be looking at is whether the fed interest rate hike again for what will happen there. cheryl: also come earnings by delay from netflix today and also looking for all those banks. the all those things. that's bringing repo gold from "the wall street journal" london paris. good morning. >> good morning. another exciting week of tanker earnings ahead. cheryl: what are you watching right now? >> well, we've got three more omega lenders due to report.
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waiting on results from goldman sachs, morgan stanley, morgan stanley, bank of america. it was a really interesting start. yesterday better than expected results on friday and basically changed across the board. people getting really worried about the future of land in and really worried about the long dated treasury yields in the impacted starting to have fun banks. lea: how is it doing in the u.k.? only a few seconds here. >> a lot of uncertainty about yet no one knows what is going to happen in terms of the impact. so far things seem to be relatively ready in the u.k. we will see when we get a little more clarity on what it will look like. cheryl: thank you for your time this morning. lea: little delay. nice to have repo with us. thank you for joining us this morning on "fbn:am."
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cheryl: great to see you as well. a lot more coming up. maria moran is starting now. dagen mcdowell who we hear has nascar segment. dagen: i do because there's nascar on fox business. al gore, fox business. kevin harbert, one of the nascar champion. good morning. i'm in for maria bartiromo. monday, july 17. top stories at 6:00 a.m. eastern time. a step back and repeal and replace of obamacare. postponing a vote on the health care bill while senator john mccain recovers from surgery. the congressional budget office also doing its report on the revised legislation. health and human services secretary tom price spoke out against the cbo yesterday on "sunday morning futures" with maria. >> cbo does they recapture
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