tv FBN AM FOX Business November 22, 2017 5:00am-6:01am EST
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congress and senate showed up. we'll have to jump. mark, thank you. thank you for being with us tonight. good night from new train to breaking news overnight. the u.s. navy aircraft with 11 passengers and crew on board has crashed up the coast of okinawa. a rescue operation under way right now. turning to the company reportedly paid a ransom to hackers to hide the massive security breach that has been a year ago. we will have the latest fallout from the scandal. train to investors have a lot to be thankful. dow, s&p and nasdaq hitting record highs. futures pointing to a slightly higher open. lauren: stocks opened in europe. investors wait for more news on political turmoil in germany. turning to asia stocks moving higher in optimism about global
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growth. nikkei index up 24% of the shanghai jumping .59%. lauren: supply disruptions from the canadian pipeline. only love that 5780 a barrel. cheryl: president trump weighing in saying the deal is good for the country. "fbn:am" starts right now. lauren: happy thanksgiving eve. wednesday, november 22nd. good morning, everybody. and lauren simonetti. trade to good morning, everyone. i'm cheryl casone. happened in the pacific, and navy plane has crashed in the pacific. if the two greyhound kerry and 11 crew passengers crashed in the ocean on the way to the aircraft carrier.
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the uss ronald reagan operated in the philippines v. the defense ministry said eight have been found but it's unclear if they are alive. the seventh fleet said the statement of the search and rescue operation hunt and lunch from the carrier also saying the ship was operating in the philippines when the crash occurred before 3:00 p.m. japanese time. the names on board are withheld. for now they are working to notify next of kin and the cost of the crash not immediately clear. details as we get them. lauren: another bombshell report. uber covering up a massive data breach that exposed personal data of millions of customers and workers. cheryl: tracee carrasco joining us with details on a shocking story. good morning. train for another bombshell is there a way to put it. hackers stole personal data. 57 customers and drivers are at
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a massive breach for more than a year. instead of reporting to break a vase which uber was to do common they kept their breach quiet. the data from the 2016 attack included names, e-mail addresses of writers around the world and personal information of about 7 million drivers as well including 600,000 u.s. driver license numbers. if social security numbers credit card numbers details to other data the hackers accessed data to a third party can't be serviced without its internal internal servers were not compromised. this all happened while former seat of -- ceo travis kalanick was still the team. he ordered an investigation as soon as he landed the breach.
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here's what he said in a blog post. none of this should've happened and i will not make excuses for it hereby can't erase the past i will commit on behalf of every employee that we learn from our mistakes. we are changing the way we do business and integrity at the core of every business under decision we make in earning the trust of our customers. this inspired chief security officer joe sullivan for their role in the breach and covering it up. train to all of this is still a lot of excitement about goober ipo. the question is will this affect the valuation of the company. lauren: also trying to get investments from softbank and this could affect the value as well. transfer they have to disclose this. so they could affect this. cheryl: tracee carrasco on this all morning. lauren: the fcc wants to get rid of rows of equal access on the internet and it would allow che cable and telecom companies to
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slow down pride in speed and savor their own services if they want to. trade to adam shapiro will take it down from washington. reporter: good morning. the actual draft order will be released this morning from the sec which essentially outline the new position we are going to essentially rescind the net neutrality order put into place under president barack obama in the sec in 2015 go back to essentially where we were with the wide-open internet prior to that. ajit pai, chairman of the fcc was subcommittee on the program on sbs last night and here's what he said about the need to do this. >> part of the reason the regulations are misplaced if there was any regulation here. it wasn't like it was work and we are living digital dystopia. going forward, we want all companies, not just a feature to invest and innovate on the web and the best way to do that
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isn't sure everybody has the freedom to pursue a business plan that will be well. trading at the fcc has launched an all-out assault on the entrepreneurship, innovation and competition at the heart of the internet. one thing a little bit different if this actually goes into effect when the sec votes on december 14th is the highest peak of the internet service provider like a rising or at&t would have to disclose now with a block or throttle for the control disputed content delivery or think of something like fire server rising what they are paid to prioritize a content provider will all be public and if you have an issue, go to the fcc. you actually go to the ftc for a complaint. back to you. lauren: three more women have a case charlie rose's sexual harassment related publications
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come from employee says cbs news which fired rose yesterday. pbs kate tyson throws. a women who worked on the charlie rose show say he made unwanted advances towards him including groping them and getting in their presence. tried to just days before pixar chief john lasseter has announced he is taking a six-month leave of absence citing missteps with employees. he made unwanted advances on actress rashida jones and has a history of kissing and touching female staffers ahead of these allegations admitted to making staff feel disrespected and uncomfortable and announced he will be going on leave. he directed toy story and kaizen is known as one of the most powerful man in hollywood. cheryl: president trump minimizing against alabama republican senator roy moore
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telling voters not to support moore's democratic opponent. >> blake burman with the latest from washington. traded after week and stayed silent and remarkably more, president trump offered one step short of a full endorsement. speaking to reporters before he left to his thanksgiving break, the president highlighted his defense. >> he denies this. if you look at what is really going on all the things that happened over the last 48 hours, he totally denies it. you have to listen to them also. he said 40 years ago this did not happen. reporter: moore is accus of sexual assault in pursuing children and teenagers when he was in his 30s. reitering moore's denial, he was also pssed on wha his message would be to live in. >> women are very special.
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i think it's a very special time because a lot of things are coming out that's good for our society and it's very good for women and i'm very happy a lot of these things are coming out. reporter: to try to block the at&t time warner merger, the president says he feels it is not good for the country because he says prices will go up. back to you in new york. trade do a lot more coming up this morning. the bizarre interview with hillary clinton and phd imagines herself as the president of the bizarre planet. >> where you are planted in late -- president of what you might be doing. >> we may have to find it. trade to its got more interesting little clip from her. one of the most interesting chief executives is stepping
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cheryl: welcome back. let's get you caught up on what's happening now. celebrations in zimbabwe under way as robert mugabe has resigned. read out by the speaker of parliament. mugabe's resignation an historic opportunity for the people of zimbabwe. such make would've been stepping down as ceo of hewlett-packard enterprise. she planned on taking a little bit of downtime. antonio berry will succeed her on february 1st. the hewlett-packard enterprise down about 40% so far this year. in an interview with the liberal media outlet, hillary quit discussing what life would be like on an alternate plan it made earth to where she is president. >> let's start with north korea. >> for one diplomatic pressure and sending diplomats who know
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the language, know the history, know the culture. >> go would have been on gun safety. >> as much money as it took enforcing laws we have and i would be pushing for universal background checks that would include gun shows. train to a nice recap of all the things she ran on the she didn't win the president see on this earth. the senior headlines. over du. lauren: after week of silence, president trump defending the senate nominee worry more who faces several miss carton delegations. firmly denies those accusations. >> you can't remember what she did 40 years ago but she remember what she did do. he didn't have any wrong bowl relationships comment engage in a misconduct with an underage woman. cheryl: redknapp thing, utah senator mike lee in the
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president of the southerland institute. boy, we have a lot to get to. let's kick off with the president's comment can finally on the roy moore situation. he hasn't said he will endorse her campaign for roy moore, the dukes backed president trump to do that? >> you know, i don't think he will. i do think the broader thing is both republicans and democrats have a growing man problems such as in all the gyrations in mental gymnastics of august going to to justify offering good or worry more for the problem. good men are saying that it stopped saying that is thought me and if you say it's boys behaving badly, but it's not what this is. this is not boys being boys. this is named behaving like animals. vocal group of people know how to respect everybody. we cannot expect these behaviors with principles.
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we are making it too political so we can justify one thing nor the other. this starts with decency, morality, stability and fidelity. we've got to get back to that and it starts in our homes and communities. >> roy moore begins to deny even though his daughter, ivanka says it's disgusting what he did and we have several were prominent republicans saying he should quit the race. but that is something donald trump is a little fearful because then you have a liberal in office. >> that is right. again, this is where we put politics on the shelf. we've got to get comfortable having uncomfortable conversations about this type of behavior in the president should lead out of nine members of congress should the doubt on that.
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unfortunately, we can't look to washington in which certainly can't look to hollywood to lead this conversation. we've got it started at home. i do hope we get to that part of the conversation. that's where it matters. lauren: you speak with steve bannon could impact companies challenging incumbent in many states. you decided not to run for senate in utah. what was behind the decision and the follow-up with read this is paved the for mitt romney? >> in terms of my decision, my decision came down to the fact right now you have someone like steve bannon and a few other outside interests who more than anyone senator or even all 100 senators combined is driving the conversation we have for the country for the next year. i think that is wrong. i would spend my time focused on developing leadership. with such a lack of leadership. the one thing that unites the trump loyalists with the never trump camp and that is their absolute frustration for the
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lack of leadership in the united states senate. i will focus on supporting leaders in training them because we have to do things differently in our nation's capitol and that will take a big effort. trying to address the man problems first. >> absolutely. happy thanksgiving to you and your family. lauren: coming up, he was a fixture on teen magazines in the 70s and at one point the largest fan clubs. ♪ well, reactions pour in an overnight after death of teen heartthrob david cassidy. a look back at his life and career. what is the whether going to look like? that's a good to break on the futures right now before your big turkey holiday.
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idol. celebrities on twitter overnight share their emotion. this is if harry connick junior said it's asserting that the passing of david cassidy. who is always so kind. such a pleasure to have them on the show. love and prayers to his family. cheryl: morelos entreating rip david cassidy. my heart is broken. tom arnold says rest in peace david cassidy for my age did not want to look like the summit, just be him when they were young. i was lucky to get done this week, funny real david asman adult and i still wanted to be him. david cassidy was 67 years old. lauren: before you head out the door this morning, your thanksgiving forecast that the trains are packed yesterday ahead of the holiday. what is it looking like today added i had it the weather? will that affect conditions?
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>> watching some trouble spots, but mostly across the country things are looking good. i want to highlight an area active for the last 24 hours. heavy downpours across the pacific northwest continued throughout the rest of the day. an additional 46 inches which could cause a little bit of flooding, certainly travel issues in the general region as a minute and train whistle. mostly offshore, but some brave along the mid-atlantic stretching into new england throughout the rest of the day. completely clears out for you by the time you head towards tomorrow. everything in the green means go so that areas they point out are the only spots we see a little bit of a slowdown mostly looking clear up and down the coast as well send just a couple of delays at la guardia in the new york area. your thanksgiving holiday looking pretty nice. temperature is obviously much cooler here across the northwest and great lakes popping off in the 40s.
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lookout west the spot 71 degrees getting into the upper 80s in phoenix close to 90 degrees in l.a. close to record-breaking highs. it is a nice-looking thanksgiving even know when the northwest and the new england area will be frigid. bundle up on your planned for tomorrow. lauren: happy thanksgiving, adam. cheryl: knifes national forecast. coming up, bluebird shocker going on. they had a massive cybersecurity breach for over a year. talking to an expert about what are the consequences for uber. donald's posting this in the highlighted the first of donald's door and rebuilt. good reason why they are doing it. we'll bring that to you. nasdaq unchanged. now, s&p higher. we will bring that back.
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lauren: breaking news. a person i recovered in good condition after u.s. navy airplane with the lebanon bird crashed in the pacific overnight. the latest on the search and rescue operation. cheryl: a uber shocker. painter had a massive security breach that happened a year ago. a lot of thought in the latest scandal for sub 10. trent investors have a lot to be thankful for. dow, nasdaq and s&p 500 appears across the board this morning. trent investors waiting for more news on the political turmoil happening in germany. lauren: in a shack in the stocks higher in optimism of global growth could kneecap half a percent in japan. shanghai composite up half a
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percent in china. trent to oil prices on concern about supply disruption from the canadian pipeline. again is more than a dollar. tranter president trump weighing in on the at&t plan to buy time warner. the deal is not good for the country. "fbn:am" continues right now. cheryl: 5:30 you're in new york wednesday, november 22nd. m. cheryl casone. lauren: good morning. i'm lauren simonetti. just getting into details on breaking news from the pacific after the navy plane crashed. it is the 11 people on board have been rescued and are now on board the uss ronald reagan receiving treatment. three are still missing. the navy saying the greyhound bus carrying 11 passengers that crashed in the ocean on the way
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to the uss ronald reagan. officials say it has been found but again three remaining missing from the crew and passengers on board the aircraft. the ship was up rating in the sea when the crash occurred just before 3:00 p.m. japan time. the names of all of those on board is being withheld for now. again come a search rescue operation underway right now for three missing navy crew personnel. we'll keep you up to date on this breaking news. lauren: moving onto the bombshell report from uber, admitting to covering up a data breach that exposed personal information on millions of consumers as well as drivers. hackers hold personal data on 57 million customers and employees. a massive breach had for over a year and a set of reporting to regulators, which uber was legally obligated to do, they paid a ransom of $100,000 to the
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hackers to delete the data and keep their breach quiet. for more on this, we bring in titleist group international. thank you for joining us, paula. good morning to you. my biggest two questions, why would uber try to hide this thinking he wouldn't come out and how common is it to pay ransom? >> first of all, the most poignant question about when i truly believe this and i'll say this. notification statute holds companies liable for not reporting which leads me to believe them as my colleagues to believe the powers that be and i wouldn't believe it is no wonder what the company, and the new system is vulnerable did not fix it. statement they covered it up to protect themselves? the business model behind hacking is powerful.
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a lot of money behind it. they look for companies that are low-hanging fruit that can be sold and resold and brokered and then they move in and take the data. to not report it tells me at the end of the day we made a mistake. this happened, let's tell everybody. they wait a year they should cover it up in that tells me that they knew the data is not encrypted and the system was alternated reported. >> so many data breaches if you are a company, you know what you need to do to alert the public and cover yourself. this bias against everything we've seen in the past. uber also says they obtained assurances from the hackers that the personal data of the 57 million was destroyed. are you kidding me? >> i'm shaking my head at this. the guy just her glorious or
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homes holds all your data, like i'm going to believe you. if that's the case government safe to assume everything they've reported this false beard 57 million is more. the deficit for each come assume that's boswell. >> eager to preach in the number goes up as the investigation is sued. the ransom was reported $100,000 at this company is valued at $68 billion. in your experience how does this affect the ability to go public or get investments going forward? >> would you think of what the fcc did with theirs back to mandating procedures, think it's going to be difficult to go public with an entire reform of their system and that means cutting employees that had anything to do with this, bringing new people on board in
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connecting holistic penetration so they can from the compliance with the sec. the only way they even have a shot. lauren: paul, thank you so much for your perspective. my pleasure. >> resident trout minimizing allegations of misconduct against senate candidate way more. not to support the democratic opponent. >> blake burman from washington. >> after a week, president trump one step short of a full endorsement before he left for his thanksgiving break. the president repeatedly highlighted moore's defense. >> he denies that if you look at what's going on over the last 48 hours come he denies it but it didn't happen. you have to listen to him also.
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40 years ago this did not happen. >> more accused of sexual assault and pursuing children and teenagers when he was in his 30s. he was also pressed on what his message with the two remained. >> women are very special. i think it's a very special time because a lot of things are coming out and it's good for our society and very good for women and men happy these things are coming out. >> they backed the at&t time warner merger. the president said he feels it is not good for the country because he says traces will go up. back to you in new york. >> i.t. at issue in a second millions of those killer dressers. lauren: tracee carrasco joins us with more of a parent should not have made sneakiness. >> good morning again.
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ikea is relaunching the recall again the first back in june of 2016 of 29 million dressers and chest from ikea after an eighth child's death back in may was willing to the stressor. ikea says that they want to reissue this recall to get the word out there. they want to make sure awareness has increased, the he will accept these, but they are also offering kits you can anchor a dressers to the wall. the parents of the child that died sad there is not enough awareness out there. trade two yeah, scary. lauren: would finally know who the hbo hackers. trade for remember back in the summer when a hacker got those episodes of "game of thrones" and all that financial data and wanted 6 million mbit going for the information would be released.
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29-year-old baha ministry, 20 manual suggesting that iran. chargers seven criminal counts, including computer hacking. it's currently in iran and he has not been arrested. officials say he'll never be able to travel outside of iran without fear he'll be arrested. this is just an example, trying to make him an example of what could happen. you hacking and you make it a rest day. >> is really tough because they can arrested. he's been charged, but doesn't seem to be going anywhere get. cheryl: there he is. he doesn't think that donald was a big part of childhood. what is this? >> there was a replica of the acm in a chicago suburb. the first restaurant was in 1955. they built the museum in 1985
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when the first original restaurant was torn down. they are tearing the whole thing down, completely getting rid of it because of repeated flooding in the area. people are coming to visit it. they will be donating that to the city. >> i still go to the real mcdonald's. >> thank you, tracey. cheryl: let's go from food shopping. two good topics. can new report looks at the grading of black friday. has this they actually lost its punch? tracee: yeah. cheryl: exactly. why is a police man dressed up as a turkey? you are watching "fbn:am." gobble gobble.
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lauren: welcome. dramatic video showing the desperate dash to freedom a north korean soldier. you can see him speeding down the road before he crashes through soldiers from the north firing at him been crossing the border. those actions are violations of their missteps that ended the korean war. south korean troops ultimately reach that affected the remains hospitalized after two rounds of surgery to remove bullets from
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his body. is financial regulators at the million dollar sign of jpmorgan chase for hiring ex-con for jobs that could access bank account information. the bank failed to properly screen thousands of employees for a period of time that lasted over eight years. the man, the terrorist accused of driving a truck into a bike ride in downtown new york has been indicted in federal court. charged with 22 counts ranging from terrorism to murder for the attack that left eight people dead and 12 wounded. charges as saipov provided material support to isis. here in las vegas, don't be surprised to hear this. giant turkeys patrolling across a good a flock of police officers dressing up as turkeys and basically an annual tactic aimed at catching pedestrians -- drivers who don't yield to
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pedestrians. starting at $195 bid two dozen pedestrians have been killed in crosswalks this year's. if you see a turkey, that's the message. cheryl: why did the turkey across the road? to get to the other side. old joke. your shopping plans are coming out. as black friday lost its punch? a new report called the cry of black friday. this report says half of the things are different this year. business development leader joins us now. this this is so interesting. first off, overall shopping is down 16% over the year. why is that? >> basically all about prices and promotions. while sales are going to be down, and this week, last
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weekend or a love. for% and 5% increases year-over-year. last week, this weekend cybermonday. shoppers are looking for the prices and promotions and retailers are jamming them into black friday as they've historically done. spreading it over the week if not the entire. chris is. cheryl: also a difference of going online is one of the things that shocked me as they shop on thanksgiving day. that's a huge jump from last year that they're going to be on their phones. >> the biggest cohort of folk shopping will be doing it on their phones. part of that is because more and more retailers are talking about closing on thanksgiving day. also, there are promotions available that aren't necessarily available in store. the retailers themselves are playing a part in some of that. cheryl: that's interesting.
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especially on turkey day when you're hanging out with your family. one of the things we see with a lot of these stories as they are kind of spreading it out over the weekend. cybermonday coming up, but a lot of the deals are coming up earlier. do you think that is because consumers have turned black friday integrated friday? what is interesting also, let's go back to prime day. randy was up about 60% year-over-year, probably up similar numbers next year back in july and many of the folks who responded to our survey say they started their holiday shopping then. the keyword here is getting spread over a bigger and bigger period of time. the silver lining in all of this if you follow the retail sector is holiday sales are expected at year-over-year 6%. it is just a matter of what is happening as opposed to where it's happening. turn to one of the things in the
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report is macy's exchanging their rewards program because they have that loyal macy's shopper. 10% bringing in 50% of their revenue so they know they've got to cater to that person. do you think lucy that with other stores as well to get you in and reward you for being a piece of their cub to me? >> what has worked in the lodging industry loyalty programs is going to be more and more this season and beyond which is catering to the customers and getting offers to them that are exclusive to them. it used to be tied off into the credit cards, but now customers who shop regardless of what they used. cheryl: i heard you are not shopping tomorrow you are cooking. >> i'm going to my brother-in-law, sister-in-law's house. cheryl: sli.
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definitely. thank you very much. good to see you. we don't talk about the giants anymore. sure in 3-d think he's cleaning up? can you still hear me? this cheryl: i don't know. he just said i'm in the kitchen. speaking of cowboys. coming up in sports, the latest college football rankings. miami hurricanes keep moving on out. shared macs will be here in a bit. jerry jones, did he blink? i don't know. is society really over? -- is this fight really over? feel like 50? how can i share new plans virtually? how can i download an e-file? virtual tours? zip-file? really big files? in seconds, not minutes... just like that. like everything... the answer is simple.
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cheryl: dallas cowboys owner jerry jones has withdrawn his threat to sue the nfl. he originally made the lawsuit in response to commission their roger goodell extension pity to maintain he doesn't need to be rewarded for his performance with the television rating on ticket is in a letter to league officials. someone has asked for a $49 million salary, private jet in family health care for life in his new deal. the owners unanimously voted in the off-season to renew his contract in the spring we should point out before the end of controversy. lauren: you think -- [inaudible] is a golden parachute. we are in the midst of the best part of the college football season. good morning. i guess it shows health care
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$49 million you're concerned about health care for the family. but the regular season in college football in it yesterday, alabama with play oklahoma. miami gives clemson to the others th same four teams in the top for his las week. a little bit o a sffle. the crimson tide remained nber one. miami leads frogs were the two spot. oklahoma now for it. alabama plays auburn into the iron bowl. not pictured here, but tiger is on the outside rain sticks. miami plays pittsburgh and takes on south carolina, both miami and clemson square off acc championship just on the outs tight here at fifth. so if you've been under 20 games with how long it would take to publicly criticize dissent employer, you won. they don't know how to coach my son. i know how to coach him.
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i tell him to get to victory. stop messing around. a point, 13 rebounds. improving on the seven and 10 record. 19 of the second half, but battled all the way back. how about that. a double double in l.a. they were losing and then they won. the chicago bulls last night. major league baseball coming down hard on former atlanta braves general manager john coppell. he's been banned from working in professional baseball for life for rule violations and sending international players. he was forced to resign as general manager over second after baseball investors paid under the table money between 2015 and 2017 after receiving the contract of 12 latin players. we've never seen something like this before. baseball hall of famer writing a letter to all the voting members
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to make an impassioned plea to keep performance-enhancing drug users out of the hall of fame. former cincinnati joe morgan, vice chairman, the more hall of famer's talk about this, we realize we can no longer sit silent. we hope to day never comes when steroid users are voted into the hall of fame. they cheated. they don't belong here. he also drew a line in the sand. he said that cheating tainted and aaron now risks tainting the hall of fame also. interesting comments from joe morgan. cheryl: jared max government did jared max commented that, sir. happy thanksgiving. >> happy thanksgiving. cheryl: sirius xm channel 115. lauren: coming up, technology stocks have led in the u.s., but now the rally has gone global. now bigger than facebook.
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$1.4 trillion in market cap this year and that's really been a huge part of the rally in world stocks. look at the measure of global tax talks, actually climbed about 40% this year, which is more than doubled again in the world stocks, especially concentrated in china, hong kong and south korea as well as the u.s. it's really creating lines between the haves and have-nots in global stock market this year. lauren: riva, also seen between making out though they are doing really well. why is that? >> that's right. europe have this fantastic economic recovery this year that's been beneficial for companies selling goods in europe not just because the benefit a stronger european can do or that they also get the benefit of a stronger euro relative to the dollar with a trend that needs back overseas.
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good times for u.s. multinationals in europe. cheryl: riva gold from "the wall street journal." we know you're not celebrating in london but wish you a happy things getting because they know you're from america. lauren: we are thankful for her interviewers and of course rampart aroma of yet happy things getting. maria: thanks so much busier than a little bit. good morning, everybody. the day before thanksgiving. maria bartiromo. wednesday, november 22nd. 6:00 a.m. on the east coast. uber are facing a new scandal. the company revealing of his tax last year and covered it up with a payout. 58 million customers and drivers for effect did. the price they pay to keep it quiet. fresh privacy concerns for google this morning. the company's android software track users locations even if they actively turnoff their location services. market this morning looking
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