tv FBN AM FOX Business August 15, 2017 5:00am-6:00am EDT
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thanks for joining us. tony shaffer and eboni williams are among our guests tomorrow. dream to breaking news this morning. president donald trump condemns white supremacists in the charlottesville attack. lauren: tumor ceos from intel and armor resigning from the manufacturing advisory board. train to overseas this morning, watching north korea appeared kim jong. lauren: the easing of stock prices when the dow rallied 135 points. dow futures up 44.
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nasdaq up 13. train to european stock opening higher. between three japanese stocks up over 1%. the south korean market closed for holidays. dream to investor warren buffett cashes out to 17 million shares ge. wally is making some pretty big changes. "fbn:am" starts right now. churning 350 am in new york. tuesday, august 15th. thanks for joining us. lauren simonetti. cheryl: i am cheryl casone. where the president is in town. lauren: gridlock alert last night. trying to don't attempt fifth avenue if you're in the new york city area. breaking news this morning on the president. president trump condemning white
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supremacist group two days after the deadly violence in charlottesville, virginia. lauren: of like permanent details from the white house. reporter: delivering a statement at charlottesville. the president is drawing complaints not specifically named in the hate groups intertwined with the protest, instead condemning first the egregious display featured cover bigotry and violence on many sides. each one euro more than the seven she was struck by a vehicle into law enforcement enforcement officers died in the helicopter crash. monday the president got more specific when condemning hatred and bigotry. >> racism is evil and those who cause violent in its name are criminals and. including the, and neo-nazis, white supremacists and other hate groups repugnant to everything we hold dear as americans.
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reporter: the president met with the attorney general and the fbi monday a 30 minute meeting we are told that focus solely at charlottesville. the attorney general jeff sessions describe the evil attack as he put it in a television interview of domestic terrorism. back to you in new york. cheryl: now, three members of the white house advisory council resigning for the president's failure to quickly condemn white supremacist groups. they are merck ceo kenneth frazier, under armour ceo kevin plank and intel ceo playing crisp image. responding after the resignation yesterday morning writing on twitter another ken frazier has resigned from the manufacturing council, he will have more time to lower the cost drug prices and that came moments after fraser resigned. lauren: he did condemn in a press conference the violence in charlottesville.
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in two other ceos resigning. president trump such in his own bed for the first time since taking office. although his trip to new york city was met with angry protesters. the president plans to work from trump tower leading laden infrastructure meeting in delivering a statement. fox business will carry that live on countdown to the closing bell 3:45 p.m. eastern time. cheryl: technology companies responding to the violence in charlottesville cracking down on the neo nazi website after it violated the terms of service for posting an article about ma heather heyer. she's the woman who was ran over and killed. blake burman was just talking about. after go daddy kicked him off registration, google remove the site from a server.
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up 17% so far this year. lauren: north korea holding off on his plan to attack long. kim jong un would watch u.s. action before making any decisions. the u.s. territory welcoming. >> we are happy the rhetoric is to calm down and not least pursuing fire missiles at home. nobody wants any more confrontation beyond what we enjoy today. lauren: north korea released pictures on the plane to launch missiles into the water near guam after defense secretary james mattis said late yesterday if the north fires missiles that hit home, it would be came on. about 7000 u.s. troops currently stationed in guam, home to 150,000 people.
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cheryl: following another big story for you. the uber saga continues as travis kalanick is hindering the search for his replace them. lauren:'s got a go i suppose. tracee carrasco not an airway. doing this without another headlines. >> good morning ladies. former cto travis kalanick can't shake the controversy pier one of the early investors benchmark capital sent a letter that he's undermining search for his replacement. the benchmark set kalanick churching he had defrauded investors by keeping secret that business practices. they fear he is plotting a return to the company. kalanick has criticized benchmark actions saying is disappointed and baffled by the lawsuit. >> a lot of people like to watch what warren buffett from the oracle of omaha does.
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reporter: allies always than warren buffett. according to an sec filing, berkshire did not list any ge shares in its holdings at the end of june. the company owned more than 10 million shares, but warren buffett boosted its investment in the bank of new york mellon court for an 30 million to 50 million shares. cheryl: he's somebody people is that for them as he is making. a new government report about self driving cars and impact on the job market. really hoping this is a good impact. >> this is interesting and something a lot of people haven't thought of. the commerce department said sales driven vehicles could affect 60 million jobs, about 11% of total u.s. employment. around 4 million people drive taxis, trucks and other vehicles for living. the report says they are more likely to be displaced from their jobs at businesses embrace
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vehicles on a large scale. 12 million americans drive as part of their work including police officers and contract yours. the commerce department said they may be more likely to benefit from greater productivity and better working conditions. cheryl: technology is the future, but to your point it is a bit of a job destroyer. lauren: disrupting. thank you so much. coming up, everybody. our next guest says white supremacists and their ideas have no place in america. we'll talk to commentator and radio host erick erickson about what he wrote. he also weighs in about how voters in alabama could send a strong message as they go to the polls for a senate primary vote. yesterday north korea escalation of their de-north korea escalation of their de-escalating a tense rally this morning dow futures of 45. you are watching it "fbn:am".
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venezuelan president nicolas maduro called for military exercises. the call, after president trump's recent threat of armed intervention by the united dates in that country. madura says he still wants to talk with president trump. in alabama, voters go to the polls today in republican primary for the senate seat vacated by attorney general jeff sessions. a new poll shows that chief justice roy moore holds a comfortable lead over his opponent. more leads his closest competitor, luther strange who currently holds the seat. president trump of course has endorsed luther strange. google has bought up a startup to intel. the tools on your smartphone like the camera and microphone help measure users long functionaries in blood levels. the move is seen as part of the desire to help people lead healthier, longer lives. i guess that's good news. sheriff come and that's what's happening now.
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train to my watch is currently telling me i don't get enough sleep. lauren: shocker. cheryl: one of our top stories today as the president condemning the kkk and white supremacists program in virginia over the weekend. conservative commentator and radio host erick erickson. good morning. >> good morning. treated to do you agree that the criticism that he was too slow to respond that he did not single out those papers initially because he was trying to not alienate his base? those are things about the president. is that fair? >> you should've come out quickly and call that the white supremacist because he was critical of hillary clinton and barack obama for not naming radical islam during terrorist attacks. he opened himself up from criticism by not doing that. train to give also say this type of hate has no place in america.
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what does need to be done to stop these ultra- right groups that have created such violence in our country? >> conservatives have to stand up to them. the more the left piles on, frankly a lot of conservatives be quiet because the left is not willing to moralizing teeth on black lives matter and say they've got a moral cause they are going after and said the attack people on the right in both conservatives and white supremacists, just a generalization. i think they're going to start seeing less conservatives willing to hold their own side accountable. we have an obligation to speak and say both of it is wrong. cheryl: you have an op-ed that discusses this. basically the progressives are not willing enough to go after the violent by groups like black lives matter, which of course the violence happened last year, but the whole debate has been stirred up again in this
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country. >> raid. 17 violent protests in the last five years, all of them up until charlottesville have been on the left. they throw molotov cocktails come to shatter store for windows, harass individuals commit the individuals. the media wants to focus on charlottesville, which is necessary. it's in the news. unless immediate left is willing to give the same level of attention to nt five and black lives matter we will not see a willingness to tell both sides to stand down. trade to the president died from twitter, his vehicle of choice i condemn the, called them out by name, but this isn't good enough. he says he still criticized despite that he can't win against the media, the mainstream media. do you agree with the president he is in a no-win fight with the mainstream media, particularly those on the left?
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>> i was one of the people that is critical for not naming him on saturday. it's time to move on. instead committee media wanted to pay a lot more. he's in a situation where even when he does do things the media wanting to do, they had conditions that you should've done it two days ago. the president is on vacation. he said what the media wanted him to say and they can't leave it alone. cheryl: eric, you have a new piece up 15 minutes ago on our site and you say we should expect more violence. why do you believe that? >> because the left is giving moral sentiment to inside. yesterday it over the weekend they say and tea for was there to stand up to the white supremacists at berkeley and elsewhere to the myelin opelousas. they are there to take down confederate statues. as long as they are willing to moralize the violence of the left of the left, they will incentivize more violence on the left and for every action there is an equal and opposite
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reaction. cheryl: that's unfortunate to hear. another story on your radar and ours is about is about the vote in alabama to replace than senator jeff sessions of course now attorney general. you've got a keen eye on this because mitch mcconnell will bring down money all over the state of alabama to destroy worry more. but as judge roy moore. why do you say that mitch mcconnell is going to have a dog in this fight and why is this a threat to mcconnell? >> well, he sees luther strange is siding with the establishment status quo. he's been deeply world country worried about brooks. he scored $7 million to attack mel brooks to keep them in the runoff come in knowing they came, whittemore has a very defined based and most polling shows he can't expand the base. he gave luther strange or runoff and you can spend millions of dollars keeping voters.
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cheryl: do you find mitch mcconnell has suffered reputation only in particular because of what is happening with the health care vote in the senate? >> i can only hope so. i think so. this is a man who for seven years said they would repeal of omnicare. he structured it so they need 51 votes and they still couldn't do it. mitch mcconnell faced lots of promises he doesn't need. train to the president and many conservative groups have voiced their frustration with mitch mcconnell but he's going to be raining down money on the state of alabama when what i'm trying voters go to the polls. thank you for being here this morning. we appreciate it. train to share, have a good day. lauren: when we come back, a pop icon who knew a dj was trouble. ♪
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i knew you were trouble when you walked into ♪ a newer trouble when he walks in. lauren: the hurricane because they suspected big story. janice dean is tracking this. take a look at the stock index futures this morning. the dow up 49 points. s&p futures up for the nasdaq up 16. you are watching a transcendent. the >> -- "fbn:am" ♪ ♪
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♪ lauren: taylor swift has come out on top of the pop star when a sexual assault former radio host david mueller. a jury ruled in her favorite saying they believed he her at a meet and greet in 2013. singer hopes to make something good come from the ordeal. this is what she said. my hope is to help those whose voices should also be heard. therefore oldie making donations in the near future to multiple organizations that help sexual assault but is defend themselves. the dj will have to pay 1 dollar in damages to taylors faith. train to ensure she and her mother are both happy that's over. a lot of tears and not. lauren: foxy new meteorologist janice dean has been tracked in with the very latest. good to see you.
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reporter: good morning. kurt is going to remain not sure. we will watch the progress of the second hurricane of the season. you can see right now is north and east way off shore. otherwise we will have some route along the east coast and rip currents near the beach. we've got the serious low-pressure moving across the atlantic and then we've got these ways coming off of the coast of africa. we'll have to monitor that because we are expecting a very busy peak hurricane season. current temperatures across the coast 60 &-ampersand showers. 70 chicago in the potential of strong and severe storms today for the central u.s. let's take a look at the past 24 hours, low-pressure into the plains state what the proper large hail, damaging winds anywhere from texas at the midwest with the yellow shaded area been a slight risk for health damaging winds and
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isolated tornadoes. a quick look at the u.s. forecast do it with hot weather across the south, scattered showers thunderstorms with more potential for thunderstorms across the rockies into the upper midwest and the southeast as well. various gert offshore as well. back to you ladies. cheryl: coming up, to more ceos from the council but the president's relationship with business leaders in trouble. forget about costco. why a judge has called the retailer deceptive and ordered them to pay millions over it. the u.s. index futures as you can see the dow, s&p and nasdaq higher. it is tuesday and you are watching "fbn:am." ♪
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lauren: breaking news this morning. donald trump condemning white supremacists that justice will be delivered in the attacks. two more ceos from intel and under armour resigned from the presidents manufactured advisory board over the issue. lauren: overseas, kim jong un back to the territory of corn. cheryl: easing of tensions continue to help stop prices globally rebound. the dow gained 135 points yesterday. u.s. stock market futures all higher once again on tuesday. live to london with the latest on global market action. drain to japanese stock shot up over 1% in the easing of global
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tensions between the u.s. and north korea and south korea. lauren: cooler heads prevailing. forget about buying tiffany doing at costco. we will tell you i judge calls the warehouse retailer is. "fbn:am" starts right now. ♪ cheryl: 5:30 a.m. in new york through tuesday, august 15th. i'm cheryl casone. lauren: i'm lauren simonetti. cheryl: might tiffany ring might not be real that i paid for costco. lauren: they are on a law does -- donald trump condemning white supremacist by name. cheryl: blake irvin at the details on this story from the white house. reporter: addressing that the nation and critics from the white house delivering a statement in charlottesville.
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the president has drawn complaints were not specifically naming the hate groups intertwined with saturday's violent protests, instead condemning the egregious display of hatred, bigotry and violence on many sides. a 20 road woman was killed when she was struck by a vehicle during the protests and to law enforcement officers died when their helicopter crashed. monday the president got more specific when condemning hatred and bigotry. >> racism is evil and those who cause violence in its name are criminals and, including the, neo nazi, white supremacists and other hate groups that are repugnant to everything we hold dear as americans. spin that the president met with his attorney general and the fbi director monday, a 30 minute meeting that focused solely in charlottesville. the attorney general jeff sessions described the evil attack as he put it in a television interview of domestic terrorism.
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back to you in new york. lauren: tech companies responding to the violence in charlottesville, cracking down on the neo nazi website. googling go daddy cut ties at the site after violated their terms of service for posting an article that mocks heather heyer, 32-year-old woman who is remembering to the white nationalist rally. it then that its registration at google. google removed the site from the server as well. taking a look at shares of google parrot company off the bat of this year. true to north korea into north korea is saying it's going to hold off on his plan to attack one. kim jong un would watch u.s. actions before making any decisions. the u.s. territory is welcoming the news. >> we are happy the rhetoric is starting to calm down perhaps in
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not pursuing at the moment his threats to fire missiles at guam. nobody wants in a confrontation beyond the peace that we enjoy today. cheryl: north korea also released photos of kim jong un being launched into correct guam after through hit the u.s. territory, it would be quote game on. 7000 troops are currently stationed in guam. lauren: i thought it could be primetime for missile launch. it's nice to see on this day de-escalation of the conflict. cheryl: markets are celebrating. lauren: three chief executive officers resigning from the manufacturing council following highly criticized response to charlottesville. cheryl: big move. tracee carrasco has that in other headlines big news this morning. reporter: good morning, you guys.
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the fallout continues. tim fraser, one of the african-american ceos of a fortune 500 company announces he would be stepping down on twitter. as a matter of personal conscience. the president fired back with a few with a few angry treats of his own and have resigned from presidents manufacturing council. he would have more time to lower rip off drug prices in another one. merck farm is a leader in higher and higher drug prices fell at the same time taking jobs out of the u.s., bringing jobs act and lowered prices. kevin plank in president ceo of intel both left the council as well cited similar reasons. cheryl: a lot has happened in the last 24 hours. shocking news with fraser steadied he was out. cosco has been ordered to pay $25 million to tiffany and company. the ring about it just means that rail? >> cosco questionable.
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a federal judge revealed tiffany may recover. at least 18 points for a million dollars in damages over its sale of counterfeit diamond rings bearing the tiffany name after tiffany sued costco on valentines day back in 2013. costco says it plans to appeal calling the decision a product of multiple errors. costco argues tiffany had become a generic term. i'm not sure how it's become a generic term. cheryl: this study might be what they are talking about. a rest now and can make sure that the "game of thrones" bleak. reporter: i want to be clear. this is not part of the larger hack we've been following. police have contained four people allegedly stealing an episode of to the throne in leaking it online before it premiered on hbo.
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before people are current or former employees of the company that is hbo's pay-tv distribution partner. as i said, this is not part of god. lauren: that is the episode with record viewership. reporter: i do believe so. >> it didn't work yet people still tuned in. good for hbo. is cheryl: and where your fake tiffany teen. reporter: it's only -- we can start talking about fall, right? dunkin' donuts is saying so long to summer and hello to follow with brand-new menu items. bringing back the seasonal pumpkin flavors of pumpkin coffee, donuts and pumpkin cream cheese. duncan is also adding maple flavored products, coffees and a new maple sugar bacon breakfast
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sandwich. cheryl: hold on, maple sugar bacon sandwich? reporter: a little sweet and savory. >> the women behind me asked if they had the pumpkin out yet. i was like come on, don't rush it. cheryl: that does sound good later. a lot more coming up. we are talking about these protesters. they pulled down the confederate statue in durham, north carolina. the situation continues. and that's a push for diplomacy with north korea, what's the driving force going to be for the economy and the market? we will take a closer look. you are watching "fbn:am" ♪
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after the statue fell to the ground, kicking or even spitting on the following confederate soldier. it'd been outside of the courthouse since the year 1924. the corporation like north face and timberland said it has reached a deal to buy williamson dickie manufacturing. the family-owned private company without her coveralls the deal worth $820 million in cash. finally, a woman for the upcoming sequel has died in an accident that happened on set. she's identified as s. jay harris, the first african-american professional road racer. doing the first form is a stock performer. the view is yesterday. lauren: make c. wonder how dangerous they are. earnings season nearly over.
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but what drives the markets and the economy now. brain karen burk, chair of the college at kings college and wells fargo. good to see both of you. good morning. >> good to be here. cheryl: what is a catalyst for the market going forward as earnings season winds down. we get tjx companies, home depot >> they could be edited of the low. winning guidance from corporations that time were covering. consumers doing better. markets are doing better. what did a lot with different things, >> the debt that we did and disapproving very temporary. where does the market go from here? a lot of attention we get into
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september. so earnings finishing and investors will look at those policy measures and say look, are we going to get things who then expect an all year? if we don't come you'll see that with markets. cheryl: do think investors are paying attention to washington or have they glossed over it and focus on fundamentals of the market? >> expect the worst camille never be disappointed. they expect very little from washington. we had a very inefficient government. that's how the constitution was disrupted. lauren: does that suggest should make a tax reform, should we have consensus right away on raising the debt ceiling that the stock market, which stalled around 22,000 yesterday saw the dow go above and below is 246 times?
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would that give investors a push they need to go to 23,000? >> they've been waiting and reading to see if any of the president priorities. to get something done on tax reforms are tax cuts, they will look at that as the wind and see that move markets north. they like the yearnings and what's going on in the global economy. a policy one would only help that. retail sales today. what do you expect the mayor? is the consumer stronger? the shows up in individual sales subject to variation. consumers are feeling better. nine years since the disaster. people are forgetting they have money in their pockets, houses are worth more. that should account for something going forward. >> kind of depressing where he forget we have money in their pocket. credit card debt a trillion dollars. this is a big deal. >> some of these looming issues, but the primary issue is can we get wages up?
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those are really the measures that give us a picture of how strong the economy is. as the rate increase in december in the big issues right now. the credit card in housing debt are moving, but would've more significant significant things when it comes to consumer pocketbooks. lauren: where is the inflation? we are failing to see it. does that mean no more federal reserve interest rate hikes this year? >> they are very, very cautious, trying hard not to get ahead of themselves which so far just hasn't been apparent. trade to have to get this float higher. investors just buying and putting money back to work in the strongest performing sector this year. technology, health care, yet got you outnumbered.
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details i'm not 11, but several things. reporter: he was loaded he was voted out. when we saw the surveillance video in jupiter, florida, the number one golfer appeared in rough shape. it turns out tiger woods was filled with an assortment of drugs. according to the palm beach county sheriff's office with the painkiller vicodin was present in tiger system. so was hydromorphone, bring a divided, and being in thc, the active ingredient in marijuana. it not known whether tiger had prescriptions for these medications. just another home run last night. the guy who hit the ball out of the park the first four games. miami marlins didn't waste any time. first innings against the giants set the record going deeper fifth straight game. not only baseball by a bunch, but the team record charlie sheffield wednesday-3. 10 home runs in the last 11
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games. >> .scrape. seven behind a sixth inning home run, dirty that the season. only six since the all-star break time the new york mets at two. aaron has had a home run as the yankees beat the mets in the first-place first place red sox. last november colorado rockies was diagnosed with cancer. he has surgery that test in march the cancer had spread to his own notes. he underwent chemotherapy. i think to 28-year-old pitcher went back to work. welcome the net course field for the colorado rockies. this guy pitched seven shutout innings last night in the rockies scored three runs late and shut out the atlanta braves three to nothing.
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a reporter from the toronto sun wrote a story about el paso had been trading saying he is a dirty dog every day. the story was later debunked but he is not forgotten. miss chatting with the pittsburgh penguins two-time stanley cup celebrated by bringing it onto a golf course and he filled the cup with hot dogs. on instagram he wrote hot dogs taste better out of a cup. trade to take back from a reporter. get the story right. >> have you ever had to cancel plans for sunday vacation and wish for bad weather so you can say at least it wasn't nice. check this one up from the department averted against yourself. jordan baker back in april made bets on each of the four majors for the year. these are his four picks to win
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all their natures and he merely nailed it. the only one that didn't go as rickie fowler until this past sunday when justin thomas would wind up winning the pga champion. if justin thomas wins i'm jumping out of a plane without issue. sure enough he would have won $2 million. >> should he win anything? >> nice job, buddy. that was amazing. thank you for that. >> the fact that tiger woods is not an often it's really exciting. train to those young players aren't intimidated by him anymore. that generation doesn't really remember frankly the glory days of tiger woods. he's to come on the course and intimidate them. now he doesn't. >> he didn't perform very well
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at this championship. the headline in yesterday's new york post of one of the funnier ones i've seen in a while. it said speith impediment. lauren: that is good. of course fox news headlines 24/7 and sirius xm channel 115. cheryl: a lot more coming up. markets today look like the tensions easing israeli help in the verse. what is going on with gold? live report from london coming up. ♪ 's century and with this level of engineering... it's a performance machine. with this degree of intelligence... ...it's a supercomputer. with this grade of protection...it's a fortress. and with this standard of luxury...it's an oasis.
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trained you watching global markets rise again. good morning. yesterday we saw a boost in global markets, but you are watching cold come at a safe haven under pressure. what is going on? >> last week you had a lot of concern about risk assets, people buying gold, government bonds to kindness protect their portfolios in case you had further decline in stock markets. what you see this week is fierce dissipate in the market. people are selling gold, some of that protection and also a bit
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of a reaction to the fed. comments yesterday from dudley suggesting another rate adding to the pressure of government bonds as people reassess what the federal reserve may be doing at the same time. >> u.s. features upcoming european stocks up today. >> you are definitely seeing a classic returned in asia. japanese markets certainly welcome the weaker yen. you saw arises in south korean stocks on the european stocks a little more muted today, but a lot of that on holiday the couple economic releases. trade do it is nice to see the numbers that these tensions between the u.s. and north korea using. we will take that good news. thanks, riva. >> you know how europeans are in the month of august. each train to the next couple of months when washington comes back, how are the market going
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to react and are we going to see sensitivities? >> volumes there in the midwest. thanks for joining us here today on "fbn:am." cheryl: we will send it over to maria arter rumble. >> happy to say to you. i am maria bartiromo. tuesday, august 15 top stories right now 6:00 a.m. on the east coast. ceo backlash after resigning from the presidents manufacturing council. president trump used his strongest words yet to condemn the attack in charlottesville. >> we condemn in the strongest possible terms this egregious display of hatred, bigotry and violence. it has no place in america. racism is evil and those who cause violence in its name are criminals and thugs, including the kkk, neo-nazi, white
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