tv FBN AM FOX Business April 11, 2018 5:00am-6:00am EDT
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and the people who didn't vote for him are the people egging him on. we don't want another afghanistan. so it's a tricky thing. lou: >> we have made a lot of mistakes in running the company. >> your user agreement. why should we trust facebook? lauren: facebook ceo in the hot seat. investors cheer as for mark zuckerberg says. lauren: monster rally. the dow up over 400-point easing trade tensions with china. lauren: stocks pulling back this morning on worries about a possible u.s. strike in syria. taking a look at dow futures on 86 points, nasdaq down 31. train to europe markets pulling
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back. the ftse come a cac all in the red. lauren: nation, mix pictures. down half of a percent in the shanghai as well as hong kong. trained to and airbus may have the next big idea and traveling you are going to love it. catching some z's in a very unusual place. "fbn:am" starts right now. ♪ lauren: welcome to wednesday, april 11th. it is 5:01 a.m. in new york. i'm lauren simonetti. cheryl: good morning come everybody. and cheryl casone. you and i would appreciate getting sleep anywhere possible. i'm not going to tell you, but yes it was. i can't stand it. investors hitting the likes button on mark zuckerberg's first appearance in front of u.s. lawmakers.
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facebook stats for .5%, the biggest move in two years. ceo zuckerberg navigated through to congressional hearings. the move out of $3 billion to his net worth. shares of the company in the premarket anyway slightly lower by a fraction. zuckerberg underwent five hours of questioning by the senators. lauren: caroline shively on capitol hill with those details. reporter: mark zuckerberg reassuring that facebook is taking action in a privacy scandal that affected millions of users. >> why should we trust facebook to make the necessary changes to ensure user privacy and give people a clear picture of your privacy policies? >> we have made a lot of mistakes in running the company. >> here is what everybody's trying to tell you more running the company. i'll say this gently. your user agreement sucks. reporter: the data mining
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company cambridge analytica had deleted data in an attempt to sway elections. amid concerns about election meddling and other foreign powers, zuckerberg says facebook is shutting down hundreds of fake accounts and accounts that spread misinformation. he also revealed facebook is working with the special counsel's probe to influence the 2016 election. lawmakers asked whether platforms like facebook should be regulated. zuckerberg said if there were the right regulation he would welcome it. >> would you work with us in terms of what regulations are necessary in your interest rate? they make absolutely. reporter: caroline shively, capitol hill, fox news. lauren: this picture shows mark zuckerberg's note at the hearings. one refers to apple ceo tim cook who recently criticized facebook's privacy policy. it says there are lots of stories about apps misusing apple data. never seen applet notified
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people. day two for zuckerberg is this morning testifying before a house committee. our full coverage starts at 10:00 a.m. eastern time. cheryl: was it an ambush yesterday? i don't want to hear anyone say getting grilled on capitol hill one more time. we are over that phrase. investors reacting over something else. president trump seeking support from u.s. allies for a possible military strike on korea. the white house speaking with officials in france and britain not your syria allegedly attacked damascus with a poisonous gas that killed 40 people including many women and children. in the meantime, the u.s. and france have moved warships within striking distance of the assad machine. u.s. ambassador to the u.n. nikki haley cohen at russia before vetoed a u.s. sponsored resolution to investigate the use of chemical weapons in
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syria. >> this resolution is the bare minimum the council can do to respond to the attack. the key point is her resolution guarantees and the investigation will truly be independent. russia's resolution gives russia got the chance to choose the investigators. there is nothing independent about that. lauren: welcome the rush is warning the u.s. that it would trade an airstrike on area is a war crime and shoot down any u.s. missiles. president trump canceled a trip to south america. he was going in for a major summit but he canceled because of the. vice president might pencil go in his place in defense secretary and defense secretary jim mattis has also canceled a trip to nevada and san francisco scheduled for this weekend to deal with the crisis on hand. trying to love, is the third time the charm? sprint and t-mobile are back in merger talks. lauren: once again, hillary biden joins us from los angeles
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with that. so good to see you, hillary. reporter: good morning, great to see you guys this morning. t-mobile and sprint are giving it a go again talking about merging the third and fourth largest wireless characters starting negotiations between the two companies. the merge would have 127 million customers this year's competition to verizon and at&t come in the's top two providers. t-mobile and sprint were in talks before, but the most recent talks ended last november about valuation disagreements. losing a fifth of its value, the company has long-term debt of more than 32 billion. shares of t-mobile are down 6% year to date. lauren: allright hillary, kroger is looking to hire? reporter: a massive hiring spree for the grocery chain. they plan to let 11,000 supermarket employees to its
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supermarket roster, setting it to gear its biggest competitors amazon and wal-mart. pumping up wages in several locations across the u.s., the company pledging to invest 500 million in wage increases, training and development. shares of kroger down 15% this year. cheryl: alright, so this is pretty interesting. we soon may go to travel in the cargo home of a plane. >> right. would you guys sleep next to your luggage? this is the next bright idea from airbus. the multipurpose cargo hold is the new thing. they are thinking about converting where you put your luggage so travelers could catch some z's on their next redeye flight. they're working to develop sleeping in certain model planes sat model planes set for long-range flights. the plan is to optimize amenities for travelers and help airlines profit from the added perks. but there is a catch presage
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rules require passengers to be buckled up in ca during takeoff and landing. passengers would be able to snooze the entire duration of the flight. shares of airbus up 11% this year. cheryl: just put a seed out in the middle of the bed. that solves the problem. we are all talking about putting a play area in the cargo hold from which cancels out the whole point of the beds in sleeping. lauren: put the kids in the cargo hold. cheryl: that is what they're saying. i don't want to play area next to me. lauren: hillary, thank you very much. coming up come in the facebook ceo grilled on the hill for five hours over privacy concerns. >> would you be comfortable sharing with us the name of the hotel you stated last night? >> go. >> this is what this is all about. your right to privacy.
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lauren: encore performance today. an update on how mark zuckerberg is doing. the iphone it can make the phone completely useless. what can you do about that? we'll be right back. ♪ great, another dead end. sarge, i just got a tip that'll crack this case wide open! turns out the prints at the crime scene- awwwww...did mcgruffy wuffy get a tippy wippy? i'm serious! we gotta move fast before- who's a good boy? is him a good boy? erg...i'm just gonna go. oh, you wanna go outside? you gotta go tinky poo-poo? i already went, ok? in the bathroom! as long as people talk baby-talk to dogs, you can count on geico saving folks money. fifteen minutes could save you fifteen percent or more on car insurance.
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cheryl: and welcome back. let's get you caught up in what's happening now. president trump fishing for welfare work requirements for new executive order. the president ordered cabinet review programs such as food stamps, housing and medicaid and propose new rules. his column and federal agencies to enforce current work requirements. trump says the order will restore independent identity to millions of americans. well, bank of america entering the gun-control debate. the bank says it will stop lending to companies that produce military style firearms for civilian use and this is an attempt to curb mass shootings. the underwriters finance firearms and is also told a number of gun manufacturers it can no longer do business with them.
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more iphone problems to tell you about. a new update disabled iphone eight devices with screens repaired by another third-party or the update renders the screen useless. the only option as only option you get the screen replaced again by apple. similar problem happened with the iphone seven. we will see that they do at this issue. lauren, over to you. lauren: top stories this morning. mark zuckerberg being grilled by senators over facebook misuse of customer data. zuckerberg faces another appearance today before members of the house. how is it doing so far? investors seem to think he did a great job. the stock of 4.5% of zuckerberg sat in the hot seat. criminal defense attorney andrew defense attorney andrew sullivan and branding expert hillary for niche showed strong market. good to see you both. good morning. how did he do? >> good morning, cheryl. i think he got a huge eve.
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i would say he was pretty brilliant. his team is off the chart excellent. his booster seat was an indication of looking exactly what they were doing. he was coached extremely well. the average user of facebook does it now, doesn't care they will continue to be using it and that is why the nasdaq up 4.5%, even this dodgy dow was up 120%. overall this is not going to affect the long-term effects of the brilliant brand. lauren: well, when you have regulations in the randy, could affect the profitability and bottom-line of a a company like this. listen to an exchange from senator marquis. >> assuming we work out the details, you do support often as the standard, getting permission affirmatively as the standard for the united states. >> senator, that is the right principle. 100 billion times a day when people share content, they
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choose who they want to share with. lauren: support regulation and he's open to it. we think, randy? >> it confuses the situation. i'm sure those 44 senators were gearing up for battle. in answer for everything, and argument, instead they got the acceptance of responsibility. here's over going to do. we are going to handle finishes like our european counterparts do. they get much better for users in america where you'll know exactly like they do in europe. you'll know what we have. you have the opportunity to delete. it is not a matter of you are in until you want to be out come of the year out until you want to be in. from that perspective, he was brilliant. lauren: is not the update facebook added to this site on monday actually where you can see where your data is going and what apps you are opted in to
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sharing with the data? >> i agree, cheryl. yesterday they were talking about the terms of service. my goodness, who reads that? no one reads it. your average user probably doesn't know this is going on. the facebook feed certainly isn't going to tell them. they are oblivious and they don't know when they don't care. people are going to pay that they are going to turn it off because they need friends and family. there isn't a chevy opportunity like there is from a ford. you don't have the competition. no one's going to do something different. lauren: he was asked about that. you think you're a monopoly? no, we are not a monopoly but with great competition in china. >> the truth of the matter his teammate on knowing the reason for that is everybody wants to be facebook. if you talk to the average techie, what is the plan? i had this brilliant idea to do it for a few years and hopefully
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i'll be bought out by facebook. lauren: the last topic and this is a big one i want to bring up. silicon valley obviously a liberal place, something that mark zuckerberg narrows. senator ted cruz question the suppression of conservative speech on the site. listen. >> in may of 2016, reported in facebook had purposely and routinely surprised conservative stories from trendy news. are you aware of any ad or page that has been taken down from planned parenthood? >> senator, i'm not. >> about any democratic candidate for office? >> i'm not specifically aware. lauren: what you make of this, hillary? i'm lauren. cheryl is right next to me. >> i would say love, it is very important that ted cruz really try to nail him on the propaganda issue.
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but no one lambasted facebook after the 2012 support of obama. so the issue at hand is one thing in addition to privacy. it's the propaganda issue. he doesn't hire people from brigham young university. he knows they are out there and he knows who they are hiring. maybe they'll don't advertise that. maybe they don't know, but they are not going to brigham young and other entities to hire their programmers for anyone on their staff. lauren: hillary, randy, thank you very much. cheryl: great interview, lauren. well, we just told you about beds in the cargo hold of the plane. but nasa wants you to actually fight to the moon. we will explain that. you might want to wait a few days. you will feel a lot like spring honors. janice dean has the forecast coming up. look at futures. a lot of pressure on the future is. basically concerns about the
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president reaching out to our allies with regard to an attack on syria. right now the dow was down by ed. you are watching "fbn:am." ♪ how do you win at business? stay at laquinta. where we're changing with contemporary make-overs. then, use the ultimate power handshake, the upper hander with a double palm grab. who has the upper hand now? start winning today. book now at lq.com.
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cheryl: well, flanked them and has never been so easy. thanks to nasa going out of the opportunity to our closest neighbor in four k. high-definition could the video shows images collected over the last nine years about the lunar orbiter, giving us an extremely detailed look at than the surface. you can see apollo 17th rover and with understanding left untouched since 1972.
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lauren: and you should be over the moon if you live on the east coast today. finally seeing some spring weather. cheryl: fox meteorologist, janice dean come as he was a mostly good news. reporter: good news for the weekend, the delegate used to it because it's going to get cold again next week. 49 in new york, 31 chicago, 41, minneapolis. the upper planes will remain cold is beginning to the weekend because we've got another storm on the way. a winter storm at that. you can already see snow flurry activity across the great lakes. all of the energy coming in from the west where they expect heavy rain across the coast and mountain snow in the slow travel the rest of the country the next couple of days. you can see the snow in the forecast with another storm behind it as you head into the weekend in the cold front will bring temperatures down. for now, we will enjoy the warm up across the northeast. 52 today. as we get into the weekend,
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friday into saturday looking good. 73, 77 and then look what happens. the roller coaster ride in the cold front moves through. enjoy it and enjoyed coming joy of my friends as they get into thursday, friday and saturday. a couple of stories to send. i don't think we will see snow across the northeast sunday and monday, but it is going to be cold. enjoy it while it is here. the warm weather will return in the summer. cheryl: what a tease of you think about it. reporter: it is a tease. a lot of a lot of shirts and friday saturday and then winter coats back again. lauren: you are watching too much business news. you're bringing volatility. your chart looks like the stock market. reporter: i like that. volatility on the weather map. lauren: coming up, should the fire counsel robert mueller. >> of the president is using
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this to fire robert mueller are otherwise interfere with the chain of command in the russia probe, we have one simple message for you. don't even think about it. lauren: president trump might have a different idea. weighing in on the risk of fire in mueller. by uber passengers might not like the new half for passengers. futures down across the board by 74 points on the dow, 12 on the s&p. you are watching "fbn:am." ♪ come on, take your money and run the ♪ come on, take your money and run ♪ because i'm retired now. so? we're voya. we stay with you to and through retirement... with solutions to help provide income throughout. so you'll still be here to help me make smart choices? well, with your finances that is. we had nothing to do with that, uh, tie.
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the group of senators moving to protect mueller. lauren: monster rally for stocks yesterday for the dow surging 420 points and more signs of easing trade tensions with china. cheryl: and stocks are pulling back overnight. take a look at futures right now print the dow was lower by 80 points. s&p, nasdaq as well. lauren: here are pulling back as well. you can see the dax and germany done a quarter of a percent. ditto for paris. cheryl: stocks down half a percent in japan, how fake percentage point in shanghai. lauren: bluebird is rolling out a new app for strivers that will tell you i passengers might not necessarily like it. "fbn:am" continues right now. ♪ cheryl: and we are coming up on 5:30 you're in new york. it is wednesday, april 11th.
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good morning. cheryl casone. lauren: halfway through the week. cheryl: what a weekend it is then thus far. lauren: i've come to the consensus that as long as the president tweets will always have big news days. cheryl: that is true. as long as we have senators to keep his busy. the president reportedly considering firing special counsel robert mueller and deputy attorney general rod rosenstein in 10 said michael cohen has been colony which hung. not everyone thinks this is a good idea. >> he certainly believes he has the power to do so. i think the president has been clear he thinks this has gone too far. certainly the president has voiced his frustrations. >> i don't think he'll be removed from his office. he should be removed from his office. he should be allowed to finish his job. >> he must be allowed to finish his investigation to a logical conclusion. >> he would be suicide for the
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president to want to talk about firing moeller. the president said on the salt income of the better off you would be. >> mr. president, any attempt to remove rod rosenstein will create the exact same crisis is if you fired special counsel mueller. do not do it. don't go down this path. cheryl: should trump fire mueller or rosenstein? democratic strategist tomczyk on. good morning. >> good morning. cheryl: lindsay, let me start with you. do you think the president should or can even fire first off robert mueller? >> well, no. when we hear the word coming to the white house that we think he can, in what regard? he's personally firing him, for many group, an investigation. it's an absolute crisis.
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i for one think that the optics are terrible. not only that it's bad for america and theirs midterms coming up here on the political front at terrible. for americans is terrible. we want jobs, health care and security security. not this drama. adults need to enter the room. i think he's being contained right now on people on both sides of the aisle and especially those down the middle feeling this to be an absolute disaster. cheryl: hommes, legal experts are having a debate about this this morning. the president has to direct rod rosenstein to fire robert mueller. he can direct them to do that, but also reports he would rather walk out the door and quit before he would dismiss robert mueller who he appointed to conduct the russia investigation. >> yeah you know, have to start with one thing. the republicans tried to hand us
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the white house and congress? i don't know what's going on in the minds of people in the republican party right now. this is not how you run a country. this would trigger a constitutional crisis in this one is put away for good. we all agree on that point. moreover, it doesn't seem to be clear president trump can inspire mueller directly. he is to go immediate boss. something back in the nixon years and you had the midnight massacre back in those days are this can be a disaster for the republican party and one that would set them back like nixon did for the coming decade or so. i'm not sure what they are thinking. cheryl: hamza khan, have to stop you. we're talking about president trump. mitch mcconnell has come out and said mr. mueller should be allowed to finish his job. this actually could divide the republican party. >> there is a day.
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the entire trump administration altogether was one big box can especially folks in the white house. we saw his press secretary defended the other day about this. you do have republican senators putting in bipartisan legislation to stop this behavior by the trump administration. but it still raises the question, what is the republican party doing en masse to stop the president from destroying the constitutional structure? it's unclear to me if they save themselves in the midterms. more importantly if they have a plan, say we enter into a national security crisis. we are not sure what could happen next. >> people go to the midterms and vote about the economy and the job situations. i want to move onto another point, lindsay. it looks like a bipartisan group that will come out today and propose bipartisan legislation to protect mueller. it is corey booker, senator thom tillis, lindsay graham is posed in this group with chris coons.
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what do you make of this bipartisan group to stop this from happening? >> i think this flies in the face of the concept that everyone around trump is in a big rocks. you can't say moderate republicans especially on the hill, sarah huckabee sanders who is his spokesperson. republicans are having a hard time containing him. they've had the same problem his entire presidency thus far. this is about the american people. this isn't a partisan issue. it's gotten to the point where this affects america. these guys know that and they are people with massive name recognition of both their parties stepping forward with them. i think it's very strategic. >> you've got to ask the question, what are republicans in house going to do? he seems to have bipartisanship in the senate. but we do know we have an active prodrug caucus in the house of representatives that has been a
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thorn in the side of paul ryan and the leadership. what's going to happen there. cheryl: we don't know, but i do want to read several reports with many white house staffers including his legal adviser at the white house telling them not to do that. i want to be clear on that. that authority out there. a lot of voices in the president's ear right now. lindsay, hamza khan, guys, thank you. lauren: volkswagen is making some changes at the top. cheryl: yeah, hillary von joins us with that. good morning again. reporter: hey, good morning. welcome reports that volkswagen is replacing their current ceo of, matthias müller with their current or in chief of vw. the move comes as they look for a fresh face to hope they recover from the missions scandal. the change in leadership as part of a management makeover the company is undergoing. volkswagen shares on the newsstands for .5%.
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cheryl: speaking of leadership. he changes his very nose. they are not good either. reporter: now, the blood testing firm is laying off almost everyone that works there in an effort to keep the company afloat and avoid bankruptcy. the company is work for and 125 people to about two dozen employees, way down to 2015 when nearly 800 workers were on the payroll. elizabeth helme announcing caffeine changes nearly a month after settling civil fraud charges with the sec which matter give up voting control and pay a $500,000 fine. lauren: tell us about uber's new controversial app. >> yeah, passengers could kind of cat the bad end of the deal here. uber was helping them figure out what draws them to areas where
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rights are searching, which means if you're having trouble finding a ride, it's probably because cars are being drawn to busier areas. the redesign the whole drivers who drove her to pick up more rides and give them more information about what's going on in their region. it will also allow drivers to communicate. that's one benefit for passengers. they can tap a button to send a quick text to a passenger to let them know. there's also a feature that will make sure drivers and riders are charged to earnings the correct amount for the trip. a big deal in areas where there may be bad summer session in the driver needs to drive distance before ending the trip through the beta app has been tested by 470 drivers across the u.s. changes are part of the 180 days to change where they are trying to make some changes that benefit both the passengers and the writers. in this case, passengers may find it difficult to get a ride in areas where there's not a lot
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of action going on. cheryl: may be cheaper in areas where there is a lot of action. could work. that's true. hillary, thank you. coming up, president trump in the western allies discuss how to punish the serious for its weapons attacks. >> we are working with allies and national security team to look at all options. as we said i'm all options are on the table but i won't get into anything the president may or may not do. lauren: what those options look like coming out. take a look at the surveillance video inside a 711. we will show you what happens to the customer right there in just a bit. you are watching "fbn:am." ♪ mom? dad? hi!
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cheryl: welcome back. let's get you back. let's get you caught up on what's happening now. white house homeland security pfizer. the shakeup coming today after john bolton took over president trump's national security adviser. vice president trump on cybersecurity and counterterrorism. no word on his replacement yet.
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well, the african nation of chad has been removed from the trump administration's televangelist. the white house said improvements in identifying potential terrorists and information sharing lead to president trump signing off. libya, somalia come as urea,, north korea, iran and some venezuelan officials remain on the list. and then there is this. shocking video showed the road suv slamming into a 711 hitting a man as he walked out of the store and narrowly missing a woman standing at the counter. there she is right there. the 64-year-old man was drunk all the way to the back of the store. he was taken to the hospital with some pretty serious injuries. the driver facing multiple charges including drunk driving being held on $50,000 bail. good but not now suspected drunk driver. lauren: camp with a woman at the counter is okay. just mr. canceling trip to manage the response to serious alleged
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chemical attack. meanwhile, the uss harry truman aircraft carrier boosted it is headed for the middle east and retired army lieutenant colonel danny davis to discuss our defense priorities. good to see you come lieutenant colonel. >> thank you for having me. always good to be here. lauren: what do we do with this? what are the options? >> the options are number one uptight and nothing happened within the borders of syria as for the loss of one american servicemember. we have to be careful about what we do because we don't want to put herself in a worse position than parity error. the aircraft carrier group is on her way out there. plenty of firepower out there should the president decide it's in america's interest to do that. he has a lot of leverage to pull. i would caution hesitation on that because there's a lot of things at play here that we are not even sure what positive that
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assad ordered. the last thing we want to do is do some reading that would help some islamic radical groups who may have done this to promptly send there. we have to be very careful that we know what would happen before we take military action. lauren: understood. in terms of unified risk on conjunction with france and britain, do you see that playing out? >> certainly on that front they seems to be good coordination with president macron and prime minister may of great britain. they seem to the court made him very well on that. whatever seems to be happening with the unified front for the united states, so won't just be the united states and is positive in that regard. lauren: russia says it will shoot down a missile that flies over syria. look what ambassador to the u.n. nikki haley said yesterday. >> when the people of dumas along with the rest of the international community look to this council to act, one country
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stood in the way. history will record that on this day, russia chose protect him a monster over the lives of the syrian people. lauren: how do we deal with russia? >> welcome is certainly russia has a long-standing involvement with syria. their allies providing military support for quite sometime in this regard. that is to be expected. that's one of the reasons it underscores why i was so adamant reporting what president trump said that it's time to remove u.s. troops from syria because there is just like a sea of chaos in so many possibilities we can get into a situation where we can harm our national interest or it can be harmed. but there's almost no upside. very little we can do to help ourselves. it is very risky for us to push a situation to russia to maybe feel like they will push back and we don't have any interest
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in place. we have to be careful about what we do. lauren: thank you very much. >> thank you. cheryl: well, she is back. after march madness camillo villa sister jean decided to go to the chicago cubs home opener. jared max with all your sports reports. we are also going to london. the march meeting today. also of course the continuing story of syria. we will have that next. you are watching "fbn:am." ♪ welcome to the xfinity store.
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cheryl: jared max is here to explain how that is. >> good morning. 32 years since the new york mets beat the boston red sox. to win the most dramatic world series, the best in major league baseball right now writing the six-game win streak, cabrera, homer to tie in. the next inning go-ahead two-run double put the mets hold on to beat the marlins eight to six. five and zero on the road. the best 10 games start in mets history. shades of 86 with a guy named mookie. mookie betts. you can bet this one has gone grand slam. the red sox scored nine over six. red sox embarrassed the yankees 14 to one. boston is nine and one. chicago cubs waited longer to play their home opener this season than in any season since 20 years before sister jean was
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born. she threw out the first pitch yesterday. along with members of the loyola chicago basketball team, sister jean 98 years young puts the ball in play. great to see her again. unfortunately, chicago cubs fans won the game eight to five. seventh inning stretch spanning take me out to the ballgame. president trump got to welcome the players for the crimson tide. the college football's national championship game won by the tide over georgia. >> we are proud to once again called the university of alabama are national champions. thank you and roll tide. protested the president? nick sabin wouldn't have it. christian white school newspaper held a team meeting to say we are doing this regardless of your political thoughts. many people get invited to the white house. not many people get invited to see the president to meet the
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president, so this is a special day for our team. a special site in the nba. whoever wins this game between the denver nuggets and minnesota timberwolves headed to the playoffs. competing for the eighth spot could the winner is then, the loser goes home. the start of the stanley cup playoffs with a hat trick of games including the expansion golden knights playing their first playoff game. cheryl: can we find more things for sister jeanne to do? >> yes, yes, yes. lauren: she's in a wheelchair because she had hip surgery? >> 98. i want to be in a wheelchair at 98. lauren: jared, thank you or you can cast your sports reports fox news headlines 24 sevenths u.s. xm channel 115. cheryl: i love that, sister jared. we've got a lot more coming up. sports to the federal reserve.
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looking at the minutes from last month's meeting to today. the preview in london's straightahead. ♪ how do you win at business? stay at la quinta. where we're changing with stylish make-overs. then at your next meeting, set your seat height to its maximum level. bravo, tall meeting man. start winning today. book now at lq.com
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cheryl: we are going to get minutes from the federal reserve march meeting today. michael used in chief market analyst at cmc markets. good morning. what do you think the big headline is going to be? >> i am looking at three areas. whether or not policy make others had significant concerns about the current direction of u.s. trade policy and how that could influence their thinking going forward. i also want to see whether or not there were serious discussions about whether or not the fed is serious about their rate rises this year because to me that sounds incredibly hawkish given the uncertainty. and finally, what the thinking was between adding the extra drop-off for 20 night team. between now and 2019 is optimistic in the extreme. i don't think it's particularly credible. lauren:.us a lot, but if they
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are well telegraphed sometimes we handle it better. markets in europe today michael or down. our futures are certainly taking a bit of a hit this morning and concern of a potential strike and perhaps allies in the other countries over syria. >> yeah, i mean that is temporary and risk a little bit. if you look at where we are and where we were at the end of last week workers back to president trump threat to put another $100 billion of currents on chinese goods, we are back where we were. i think we are in a range in a moment the agency is not really pricing in a significant upside. at the moment it's going to get some form of equilibrium. the range will remain intact. cheryl: michael, very good to see you have a good morning. lauren: let's say good morning today can make towel. >> good morning. i'm in for maria bartiromo wins
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day, april 11th. top stories at 6:00 a.m. eastern. stocks surging, claiming more than 400 points yesterday after chinese president xi jinping promised an open market on the ottawa importer. futures are showing this, 400 plus point gain on the dow futures. on the dow yesterday at 90-point loss on the dow futures today. in europe, stocks mostly lower. across-the-board losses in france and germany out of sight and it was mixed reaction in asia overnight with gains in the shanghai and hang seng hong kong. one of the top winners yesterday, facebook shares via their biggest gain in two years, up about 4.5% as ceo mark zuckerberg did an admirable job facing capitol hill from people who clearly didn't understand facebook. some of them. he was grilled on everything from the cambridge analytica
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scandal, russian election interference. you name it, he was asked it. let's listen. >> we didn't take abroad and a few of our responsibility and that was the biggest take and it was my mistake and i'm sorry. i started facebook, i run it and i'm responsible for what happens here. dagen: what mark zuckerberg's testimony could mean for future regulation of the tech sector. he's back on capitol hill this morning. nuñez fighting back. the chairman of the house intelligence committee set to go after deputy attorney general rod rosenstein and fbi director christopher ray at the justice department still refuses to provide him with an unredacted document showing the justification for their russia probe. the latest on the tensions in the capital. th
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