tv FBN AM FOX Business August 16, 2017 5:00am-6:00am EDT
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personal feeling get in the way i think is very disturbing. >> nick adams, mark simone, thank you very much. gentlemen. thank you so much for joining us. the >> you at a group on one side that was bad and the group on the other side that was also very violent and nobody wants to say it. i'll say right now. lauren: president donald trump loaded and no bars or at conference in new york. the outpouring of reaction. train to investors also watching home depot, sporting goods on tuesday. target out what their numbers. futures point to a higher opium. s&p nasdaq and the green is well. lauren: stocks opened a european pac up one point, it may accept
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almost one point. cheryl: japan just a little bit lower. north korea and the united states. lauren: right here at how would you pay $10 a month for unlimited movie tickets? one of the nation's biggest movie theater chains has absolutely not. "fbn:am" says right now. train 25:01 a.m. in new york in wednesday, august 16th. a lot of things to discuss this morning. i'm cheryl casone. lauren: good morning. i am lauren simonetti. we want to dive right in. train to its incredible what's happened in the last 12 hours. lauren: breaking news the day after donald trump condemned white supremacist by name and is now back to blaming both sides for the deadly violence over the
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weekend. listen to what the president said late yesterday at trump tower. >> the driver of the car is a disgrace to himself, his family and this country. you can call it terrorism. you can call it murder. you can call it whatever you want. i would just call it the fastest one to come up with a good verdict. that's what i call it. what about blood came charging. do they have any semblance of guilt? what about the fact they came charging was swinging clubs, do they have any problem? i think they do. that was a horrible, horrible day. wait a minute, i'm not finished. i'm not finished, fake news. mr. bannon came on very late. you know that. i went through 17 governors, senators and one of the primaries.
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mr. bannon came much later than that and i liked him. he's a good man. he is not a racist. i can tell you that. he's a good person. you have a group on one site that was bad in a grip on the other side there was also very violent and nobody wants to say that. i'll say right now. you have a group on the other side they came charging in without a permanent and they were very, very violent. i've condemned neo-train for. not all those people were trained for. not all of those for white supremacists. many of those people were there to protest the taking down of the statute of robert e. lee. they speak is robert e. lee. i noticed stonewall jackson is coming down. is it george washington next week and thomas jefferson the week after? you have to ask yourself where
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does it stop? there is a group on this site. you just call them the last comment that came vitally attacking the other group. you can say which you want, but that's the way it is. there's blame on both sides and i have no doubt about it and you don't have any doubt about it either. george washington was a slave owner. so we'll george washington now lives -- excuse me, are we going to take down statues of george washington? how about thomas jefferson? do you like him? because he was a major slaveowner. you had people, not talking about the neo-nazis or the white nationalists because they should be condemned totally. many people in that group other than neo-nazis and white nationalists. the press has treated them absolutely unfairly.
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there are two sides to this story. i thought was a horrible moment for our country. but there are two sides. lauren: guy was a press conference supposed to be about infrastructure. he got about two dozen questions. one is on infrastructure and the president plans to leave trump tower in new york city new york city for bedminster, new jersey for he will meet with small-business owners. trade to the president's remarks really the talk of twitter. the president's words getting harsh reaction. we must be clear white supremacy is repulsive. bigotry is counter to all this country stands for. there can be no moral ambiguity. republican senator marco rubio treated this. you can't allow #white supremacists to share blame. there is a lot more on twitter, including president barack obama street which is now the most
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retreated to eat either and most liked in history. >> both sides distancing themselves from what happened yesterday. in a letter to employees because ceos are talking about this. watch the events from president trump over the weekend. he missed a critical opportunity to bring our country together but unequivocally reject dean. mcmillan will continue to serve on the white house advisory council and economic development six business leaders have resigned from those advisory councils. here they are. merck ceo kenneth frazier, under armor, the alliance for american manufacturing stop all afl-cio richard trumka and deputy chief of staff cle. trained to do regards at the trump administration. president trump has to take the
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next white house communications director because he lives vacated by anthony scaramucci. the daily caller reported job was offered the job toe pick and choose except today. she's been withdrawn since the early days of the campaign. she's been working behind the scenes on the press team. president trump fired anthony scaramucci 10 days after he took over the position from former press secretary sean spicer. hope has been with the trumps family for even longer. she first worked with ivanka trump all before the election started in the campaign kicked in. she's very close to the family. lauren: we'll see if she has any influence in controlling the narrative. he wasn't supposed to take questions yesterday and then he gave. the congressional budget office said they are going up 20% next
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year. subsidies paid to insurers under the law to insurers and supporters of the affordable care of. federal payments needed to support individual insurance markets but president trump ensures that could stop subsidies have raised premiums or leave the individual market. a programming note for you. i'm schapiro laskin grady about health care as well as tax reform during a live interview today at 12:00 p.m. eastern right here on fox business. cheryl: secretary of state rex tillerson says the united states remains interested in north korea. the next step is up to kim jong un. >> we continue to be interested in finding a way to dialogue. cheryl: comments after they fired missiles towards the u.s. territory of guam. the kim jong un released by the
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official news takes a rare plant in effect in the army strategic forces. the u.s. and south korea will hold on the u.s. but until monday. many are of course strongly opposed to any action by the door. at least for now we see a pause in the rhetoric and markets have been celebrated not. lauren: that's one of the reasons that have developed three days in a row. not doing any jail time that a court hearing last month. cheryl: tracee carrasco jury tracee carrasco jury disregarded other headlines. reporter: good morning, ladies. martin shkreli who made headlines when he raised the price of its aids drug by 5000% was found guilty and to put the security guard at one point the security for another incident. in an exclusive interview on warnings with berea with maria
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bartiromo says he will repeal charges won't do any jail time. listen to what he said. >> i don't think i'll have to forfeit any money. don't think i'm going to jail. we saw a major insider trading case the other day settled by the ftc. no jail time. just a settlement to either settlement to neither admitted nor denied wrongdoing. hundreds and hundreds of fcc cases never get brought to the criminal division. no one gets arrested. trade to yesterday when he was armed with berea, this had nothing to do with the drug company. people seem to get that confused. lauren: or maybe he was innocent. he said they made money. he is still saying he didn't do anything wrong. cheryl: he was very clear about that yesterday appeared amazon and brick and mortars doors.
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what's going on? reporter: amazon not trying to outdo itself came up with a way to be overnighted same-day delivery. how about getting your order in two. and now operates available for order online. is like snacks, drinks will be available after two minutes after they've been ordered. the instead pick up watched at the university of california campuses in los angeles and berkeley will come to atlanta, columbus ohio college park, maryland. lauren: is starting to sound a little gimmicky to me. the movie ticket sales are pretty weak. a company was to drive more theatergoers placated of the task to go to the movies as much as you want. they receive way, though. felt like a good idea but of
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course hours after movie pass, a subscription-based service that allows customers to see a movie, amc theaters thread legal action. movie pass is not good for moviegoers, movie theaters and movies studio spirit is started at $15 went up to $50 depending on usage but they finally decided on $10. shares dropped after passes priced the announcement to put 5% of $13.25. cheryl: good for consumers at the end of the day. thank you so much. we've got a very busy morning right now. coming up, more reaction for you. president trump's combative new news conference in new york city yesterday. >> you with a group of the other side they can charge and without a permit and they were very, very violent.
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train to our panel reacting to that. if you want a piece of the company behind angry birds came coming now is your chance. we are going to explain. you are watching "fbn:am." ♪ did such a good vibration ♪ ♪ did such a good vibration ♪ actually, it does. type 2 diabetes can make you twice as likely to die from a cardiovascular event, like a heart attack or stroke. 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
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cheryl: welcome back. but back. the digit product of what's happening now. president tribes came in second. luther strange at 33% of the vote while former alabama chief justice roy moore had 40%. strangers supported by majority leader mitch mcconnell. he will not face off in a runoff september 26th in alabama. but utah's mayor john curtis won a three-way republican primary. the race to replace jason to replace jason chaffetz, former new york city giuliani in the news this morning. reportedly he was rushed into emergency surgery sunday night after his right leg gave out on him. giuliani was vacationing in long island with his knee gave way and he was hosting a barbecue at the time they say. the angry birds are going public. "the wall street journal" says the finland-based entertainment
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is planning to stock exchange that could take place as soon as next month. the ipos potentially between one and $2 billion. it will go with lauren happy bird. not angry birds. lauren: we need some happy person right now. president trump backing down as the initial comments on the chaos in charlottesville, virginia joining us now with their reaction and i knows there's a lot of it, the contributor kristen tate and gop chairwoman amy kurt tinian. both the cu ladies. your initial reaction to what happened yesterday at a press conference expected to be all about infrastructure and it was until the president unexpectedly took questions. >> right. it was disappointing to actually watch the press and how disrespectful they work towards our president. to take questions regarding infrastructure, the very first
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question had nothing to do with it. it just went downhill from there. it was painful to watch. they were very antagonistic in word and excel. lauren: what do you think, kristen? >> u.s. a mistake to talk about charlottesville. he made a very bold and definitive statement about charlottesville on monday. >> you change the narrative on monday and reverted back last may. my question for u.s. question for you as we move forward is where do we go from here and how do they get back on the agenda talking about the great announcements he made on infrastructure yesterday. >> i think trump needs to focus on the agenda and uniting people moving forward. i have to take issue with the way the media is recovering them as though they are censored a reversal on monday. i'm not sure how denouncing all violence from all groups reverses comments from monday in
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which he condemned white supremacists. the media coverage is unfair, but trump should not have fallen into a trap by talking about charlottesville again. got a focus on the agenda. lauren: he was very clear yesterday and denouncing white supremacist is what they are. yet we see many republicans distanced themselves from the president, particularly on social media. >> i can understand that. i can't wrap my head around it. i don't know why they need to go that direction unless they are just caving in to the pressure at home. i'm from a purple state myself, so i know the pressure can happen tremendously on either side. it's almost like you are darned if you do, darned if you don't. i would hate to see republicans support the president and if they don't, just be quiet about it and move on. go worry about the upcoming does.
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>> there's a lot of go worry about tax reform. no need to put your 2 cents in on everything go situation. >> we don't have much time left. it shows many cities right now that are considering removing statues and monuments that are considered symbols. just to put this in perspective, there were 718 confederate statues and monuments, 109 public schools. names for robert e. lee and jefferson davis. do we take all of these down? there's a big political push particularly on the last to take take these monuments down. does not erase the interchange in history? >> atco when you start pulling down historical statues, you start going down a slippery slope is what happens when we remove all the confederate statues? thomas jefferson owned slaves. we remove all statues of timer
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says jefferson? pepperdine university removing christopher columbus after protest. there is statues all over the united states including a special part. should we remove all of those? we are getting into very slippery slope territory here. you cannot embrace history. we can do is let people have their free speech. lauren: that's one of the points they made yesterday kristen come amy. thanks for waking up with us. cheryl: we are going to switch gears now. cheryl: now they are getting enough help from federal investigators. we'll explain that one for you. strong storms in the midwest and hurricane sent to causing riptides on the east coast. you are watching "fbn:am."
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cheryl: okay comment thank you, jack. johnny depp's former businessman facing a probe from the irs and justice department and the fcc. the federal investigators trying to determine whether the business managers committed fraud and money laundering. suit in january for $25 million in damages. the actors claiming and drove
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them into deep financial trouble. lauren: let's get a check on your weather before you head out the door this wednesday morning. fox meteorologist janice dean. reporter: hi, ladies paid 71 in new york city, cooler across the great lakes. we've got that warmer, sultry or air across this. we've got the frontal boundary and along the frontal boundary we see the potential for showers and thunderstorms to hear for a stronger storms. there is a hurricane subjugating stronger to the east coast. strong highway of some very dangerous rip currents. stay out of the water if you're not a seasons swimmer. once again the threat exists for portions of the central u.s.
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from oklahoma after his wisconsin and the tornado threat once again for areas in those regions where we could see potential for rotation. we did have reported tornado across nebraska. the west coast looks good. very warm across the southwest. the eastern half of the country remains unsettled. barry gert. a couple systems moving off the coast of africa, ladies. getting into the busy season in the gulf coast. back to you. lauren: janice dean, what is behind gert? >> a very busy couple of months. coming up, you may note the phrase is 5:00 somewhere. there's a controversy on new plan to limit drinking in the airport before you board. we will talk about that.
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evacuate a group on one side that is very bad in a group on the other side that is also very violent and nobody wants to say that. cheryl: the highlights of the outpouring of reaction and social media. lauren: meanwhile, americans went shopping last month. retail stocks and weather like home depot and sporting goods weighing the major averages yesterday. right now we have the data of 52 points and the nasdaq up 19. train to europe stocks opening higher. some bullish sentiment there. lauren: stocks in japan edged lower with stops in korea move over 1%.
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cheryl: ryanair with a controversial new plan to limit drinking in the airport. we are discussing it. 5:00 somewhere. "fbn:am" is starting right now. ♪ lauren: good morning to you. wednesday, august 16th. and lauren simonetti. cheryl: good morning. i'm cheryl casone. people who follow politics are ready for a bloody mary this morning. a very fast in haiti 24 hours in new york. you missed a day after president john condemned white supremacist is now blaming both sides for the deadly violence in charlottesville, virginia. the president speaking at trump tower yesterday. >> the driver of the car is a disgrace to himself, his family
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and his country and that is coming you can call it terrorism. you can call it murder. you can call it whatever you want. i would just call it the fastest when they come up with a good verdict. what about the old left that came charging, do they have any semblance of guilt? what about the fact they came charging the clubs in their hands? do they have been a problem i think they do. that was a horrible, horrible day. wait a minute, i'm not finished. i'm not finished, fake news. i like mr. bennett. he's a friend of mine. he came on very late. you know that. i went through 17 governors and senators and one on the primaries. mr. bennett came on later than that. i like him. he's a good man. he's not a racist. i can tell you that. he's a good person. he gets a very unfair press in
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that regard. you had a group on one side that was bad in a group on the other side also very violent and nobody wants to say that. i'll say it right now. you have a group on the other side they came charging in without a permit and they were very, very violent. i've condemned neo-nazis. i've condemned many different groups, but not all of those people were neo-nazis. believe me. not all those people were white supremacists. many of those people were there to protest the taking down of the statue of robert e. lee. this week is property of the period known as it while jackson is coming down. i wonder is a george washington next week and thomas jefferson the week after? you have to ask yourself, where does this stop? as a group on the side. you've can call them the left that came violently attacking the other group.
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you can say what you want, but that's the way it is. there's blame on both sides and made no doubt about it and you don't have any doubt about it either. george washington was a slave owner. so will george washington now lose his status? are we going to take down -- excuse me, are we going to take statues of george washington? how about thomas jefferson? would he think of thomas jefferson? do you like them? he was a major slave owner. you had people come in not talking about the neo-nazis and the white nationalist because they should be condemned totally. yet many people in that group other than neo-nazis and white nationalist. there are two sides to a story. i thought what took place was a horrible moment for our country. a horrible moment, but there are
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two sides to the country. cheryl: what happened in new york at trump tower. it was supposed to be a press conference about infrastructure went completely off the rails. will quit, his comments about steve been in. several ports at this event on its way out asking about that as well. the topics certainly virginia. >> 24 questions. one was. cheryl: he's going to be heading out to bedminster, new jersey this afternoon. he said to meet later today with small business owners. >> focus on the agenda. it is hard because the remarks yesterday are drying very strong reactions. house speaker paul ryan. let's be clear white supremacy to all this country to no moral ambiguity. ann coulter, we've got our
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leader back. there is another one from president obama. cheryl: obviously president obama's response has become the most light tweed in the history of twitter. twitter treated about this themselves. here is the tweet from barack obama. no one is born hating another person because of the color of his skin or background or religion. you can see the picture three babies, each a different race. you know, anyway, now this is the most light tweed average history. that was four hours ago. the social media reaction is incredible that we've seen overnight. lauren: an outpouring of reaction. after a year scandal, some good news from wells fargo. the new chairman to replace stephen sanger. cheryl: tracee carrasco standing by and she will have more on that.
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it will be really interesting to see what happens with wells fargo with the new leadership on board. >> good morning, ladies. wells fargo named betsy duke has its next chairman, making the first woman chaired the u.s. bag. duke will take over january january 1st 2 came on as a nonexecutive chairman in october. after the board fired if i feel following the massive scandal. set to retire in 2018 so it's unclear why the date was moved out. cheryl: another big story here. 5:00 somewhere. ryan air want to limit alcohol consumption in airports nearby they want to do this? >> this isn't a bad idea. asking u.k. airports to enforce a two-day limit after an investigation shows passengers has risen by 50% in a year. a total of 387 people arrested
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between february 2016th of february 2017 up from 255 the previous year. also urging airports to ban the sale of alcohol before 10:00 a.m. it is our duty and customers from drinking duty-free alcohol on board. lauren: just want to say they are an irish airline. some news from taco bell this morning. they are messing up the taco shells somewhere. >> they have is to read a taco shells come as have something else. they brought is taco that uses a friday gives a shout. there it is. it will have potatoes, cheese, bacon or sausage inside of a fried egg shell. if that's a little much for you, you can get a draft version wrapped in a flatbed available starting august 31st. >> thank you, tracey. we've got a lot more coming up
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for you. later today, the minutes from the latest federal reserve policy meeting. the december interest rate hike off the table. mark vittner is here and all his fans are not happy about visiting graceland today. you were watching "fbn:am." ♪ what powers the digital world. communication. that's why a cutting edge university counts on centurylink to keep their global campus connected. and why a pro football team chose us to deliver fiber-enabled broadband to more than 65,000 fans. and why a leading car brand counts on us to keep their dealer network streamlined and nimble. businesses count on communication, and communication counts on centurylink.
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lauren: welcome back. let's get welcome back to the welcome back. let's get you caught up what's happening now. devastating mudslide in sierra leone. 400 bodies recovered on the outskirts of the capital city. dozens of houses buried in the mudslide. negotiators negotiators from canada, mexico and u.s. to start renegotiating the north american free trade agreement during the presidential campaign. donald trump to abandon the entire agreement. the top object before the talks is shrinking the $64 billion trade deficit with mexico and having a much smaller $11 billion deficit to canada. all this presley fans coming to graceland to mark today's 40th anniversary of his death. previous years they haven't had to pay that this year $28.78.
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the vigil that began last night had to have been on the suite property passed wristband to walk more presley is buried. the pass also allows assets to a $45 million entertainment complex at the tourist attraction. train to remember all this presley was wrote when he died and priscilla presley is the one that helped the entire -- we've had some awesomeness in the markets. stocks mixed on wall street. two days of gains before that and now they say that tensions in and north korea evening and feeling a little bit better this week. mark vittner, senior economist at wells fargo. cheryl: i was listening to the story stocks out there. home depot to 20 points at the doubt. that the economic story and that's not a good story. nobody is that worried about the
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sector overall. are you? >> home depot had pretty good earnings. it was somewhat surprising. what happened is we saw the auto part yesterday were noting how their sales had been with continued worries about on my competition and how folks are dealing with it. it seems to be reaching part of the retail base that folks thought might be of me and. on top of that, all retailers have very little pricing power because there is all this merchandise hitting liquidators from all the stories that have been shut down during the first half of the year. cheryl: you want to see names like home depot do well because that means housing is doing well, people are fixing up, decorating homes with the economic backdrop you want. we do get the minutes today. expecting anything groundbreaking? >> not expecting anything
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groundbreaking. what i'm really looking for is some sense of how many fed governors, how many fed presidents are now believed inflation is too low. it's a persistent problem. we've seen some of the softer inflation numbers over the last few weeks that the probability of a rate hike in december has dropped. not to zero, but pretty darn close to it. we are not in that camp. we still believe inflation numbers will firm up by the end of the year. economic numbers of pretty solid. the last two months we had more than 200,000 jobs. cheryl: you are seeing this despite the fact that the administration agenda is up in arms right now. the debt ceiling coming. nothing happened on health care. tax reform is blind in the wind right now. you're still feeling solid in your projections? >> in terms of the debt ceiling
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and continuing resolution, it will be over by december fomc meeting. it may not be pretty. hopefully it will be done fairly quickly and will get done by december. i was still say there's a slightly better chance they get done this year than they don't. >> i hope you're right. that's the one thing would like to see as investors. >> good to be with you. lauren: homers for his sixth game in a row. here we go. triple play. the boston red sox over the st. louis cardinals. jared max has all the highlights in sports when we come back. also live to london to see how global markets are react to this morning to it seems like the escalation in tensions with north korea. plus a debate over science this event. riva gold will explain. dow up about 50 points. you are watching "fbn:am."
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cheryl: welcome back. he dated a guaranteed major league baseball homerun leader hitting it out of the park. get this, he might be traded. lauren: what bush and mark jared max, what's going on? >> trade deadline july 31st. that the nonwaiver trade deadline. if they clear waivers which sports reports giancarlo stanton did sunday and offers relief for major-league baseball teams.
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lauren: let's say good morning to separate from "the wall street journal." good morning. and when ask you what we are seeing in the european market. it's looking really good. reporter: there is a continued sort of sense that maybe some of last week's fears over north korea were overdone. european markets closed to
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calling back all of their losses over the last week. also a little bit of continued good news on the earnings front in the eurozone economy with an updated reading on second-quarter growth figures that were pretty good. all in all a positive morning in europe. >> the controversy about big men are scheduled to go silent for four years. now what's going on? >> there are some calling for your viewing to whether or not it needs to be quiet for four years for her. of repairs. safety issues for workers relating to the noise levels this produces. a lot of people feel this is a quick central london found they can't possibly be silenced for so long. stirring up a little bit of debate among politicians and the public as well. >> london i don't think it would be weird to not hear big ben.
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>> what is the sound of new york? >> corn talking. >> thank you for joining us. good morning to maria bartiromo. delving into what happens. thus at the press conference with donald trump. maria: good morning, everybody. thanks for joining us. happy wednesday, august 16:36 a.m. on the east coast. president trump triples down in charlottesville, but he sparks a new firestorm yesterday on both sides. >> we condemn in the strongest possible terms this egregious display of hatred, bigotry and violence. there's blame on both sides and i have no doubt about it. you also have people that were very fine people. maria: the president was entirely correct in those
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