tv Varney Company FOX Business June 5, 2018 9:00am-11:59am EDT
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korea. incredible potential for something that's historic. 70 years, still a war. never been an end. there's a real opportunity. dagen: thank you, thank you very much for that. thank you for being here. stuart varney, take it away. [laughter] stuart: you instead of me. good morning, dagen and good morning, everyone. it sures looks like a another billionaire is running for presidency. the man who built starbucks. he's leaving the board. widely believed that he wants to sit in ova office, heist a liberal democrat. he doesn't like the corporate tax cut, worried about the 20 there are dollar debt and wants to restore america's standing in the world. he's talking like a presidential candidate and here is another headline that everybody is talking about, the president
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disinvites the super bowl champions, the eagles were supposed to be honored at the white house but not all team members were going to show up. , says forget it. we will celebrate without you. in my opinion, football, the sport is the loser. here is what many people will be doing today, voting, primaries in 8 states, this time tomorrow we will find out if the blue wave is really a wave, ripple or something else and we will find out how the far left is doing within the democrat party. it is a big day all around. wait till you see what those tech stocks are doing today, varney & company is about to begin. note -- ♪ ♪ ♪ stuart: here we go. president trump tweeting on the economy this morning. here is the quote, the u.s. has increased economic value of more
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than $7 trillion since the election, maybe the best economy in the history of our country, record job's numbers, nice, don't hold back, mr. president. take a look at stock futures, probably down 20 points. small gain for tech-heavy nasdaq. take a look at technology stocks, they've been on a tear and continues this morning. not huge increases but apple, amazon, microsoft, alphabet, they'll all be up. i believe apple, amazon and microsoft will be at new-time record highs. you know, i think perhaps we should apologize for always talking about the big tech stocks, it's not just because i ow- ashley: where the money goes, stu, they are driving, pushing up this market. we thought, wait a minute, they have gone too far, too fast, that's not the case at all. liz: you're looking at investment strategy, when you look at what's happening with tech stocks, solid earnings and
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revenue foundation since dot com era. some of it is off balance sheet. well, some of them. we have to watch out. you to watch out for -- i would say facebook, i would watch out for their debt. stuart: they have significant debt? liz: they do. stuart: i didn't know that. liz: here is the other things, the multiples are earnings are 5 or 10 times as nasdaq during dot com era, the foundation is there for growth. stuart: you're talking about -- don't buzz me, you're talking about pe ratios, aren't you? liz: i will say it. you can buzzer me. stuart: the profits they are going to make. amazon has ratio of 270. they held at that level for a long time.
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ashley: where does the money go? i think it goes into u.s. and equities and in particular the stocks, it's huge part of is story. stuart: record highs again. now this one, big headline, starbucks, howard schultz stepping down after 36 years, joining us katie, he's running for presidency, isn't he? >> allegedly. that's what people are saying as president trump would say. he says he wants to go into public service. he's been at starbucks for a long time. he has put his political leanings into the company in a number of ways in the way that they have handled things in the stores, we saw this last week when they shut down stores at 2:00 o'clock to do diversity training among staff. he probably think that is he has a guadalajara on the culture here and now that trump has been elected being a businessman without necessarily political experience isn't something that holds you back from running for
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president. stuart: one of the things that i find attractive mr. schultz running for office, he's a base guy, not a politician. you can make the case that politicians have not done a real good job in the presidency, whether they are former senators, house members or government, doesn't matter. they are politicians and they are not doing well. along comes this new batch of corporate people, they are throwing their hat into the ring and expertise as well. i kind of welcome it. >> i wonder some say if cheryl sandburg would run from facebook. stuart: yes. >> a lot of people like the fact that people are getting involved in public office or presidency, let's not forget the majority of congressmen and women do not have economic background whether economic's degree or any experience owning a business or employing people. they're taking checks and not writing them and signing them as paychecks. people respect that despite what your political differences may
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be. ashley: who do democrats have right now? >> it's a crowded field. come on. grab it right now while it's wide open. >> he has the benefit of being social justice warrior in a lot of different topics while having business experience and being outsider. all democrats right now running in house races across the country are saying i am not a politician, elect me, i'm from the outside and the democratic field is very crowded with far-left people from california and people from new york, but this does give him hoping to -- opening from frift sector. stuart: in 30 seconds, comment about the president's tweet on the eagles, let me take up your time. >> feel like 140 characters. stuart: only a small number of players. staying in locker room for national anthem is disrespectful to country, you say what?
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>> completely agree. the notion that continues over national anthem, stand up, be proud of your country, live in a place you you are able to do this job freey with -- freely. you have seen polling on this issue, you have seen the nfl's bottom le get hit, ratings have been down as a result of protests, i don't blame him for canceling white house either. there's a lot of resources and a waste of everybody's time if they don't want to be there and good for him for hosting hostine crowd that was going to be there instead. stuart: katie. >> i came to play, stu. stuart: yes, you did. >> happy tuesday. stuart: i want more on eagles situation. senator erie, as veteran, i want to bring you the tweet again, the last line in particularly, i will read it to you again if i
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can find it. staying in the locker room for playing of national anthe is as disrespectful to our country as kneeling, senator, you reaction to that? >> i agree, as veteran and proud american and patriot, we can be very proud of country. for heaven's sake we live in the greatest nation on the face of this planet. stuart: pretty short, sharp and direct direction, thank you very much, indeed. i also want to talk about you senator mitch mcconnell, majority leader, he's holding a meeting, we are told that he's expected to give up the august recess, stay at work, get a budget. i think you're i favor of that? >> i'm definitely in favor of that. many of my colleagues and i have been pushing for this for a very long time. as a matter of fact we dropped legislation that said if we have no budget, we could have no vacation as congress. i don't know of any other enhat actually take a month-long break from their duties when they haven't
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accomplished those specific duties. one of the most important functions congress has is funding our government. if we can't get that done, we shouldn't be going on vacation. stuart: would this be on open-endedloture so to speak where you don't go on vacation until y budget through, dramatic statement like tha >> certainly that's wt i would appreciate seeing and i am glad that senator mcconnell is moving in that direction by canceling august recess. i think it's really important that we get these budgets done, we get appropriations' bills done. i will throw out statistic, since 1974, we have only done our job and had all appropriations' bills don 4 times since 1974. we've got to change this. stuart: okay. senator joni, republican, thanks for j us,eoppreciate it. >> appreciate it. thank you. stuart: next case, abc, they want to move forward with a send reboot of roseanne.
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what's this all about? liz: yeah, the talk is maybe the daughter sarah gilbert and maybe the dan the husband, people tuned into reboot because of her affection for donald trump and you wonder how the reboot would look. they also talked about working-class issues on the roseanne issue whe roseanne was there, so, you know, also there s a l let live mentality with the original roseaane and reboot in terms of letting people live their lives as they do. i'm not sure that this will do. i'm not sure sarah gilbert is a draw or dan is a draw. ashley: the production company owns roseanne andou big poff to pay off for right for the show. stuart: we will follow it. how about that? we are following the market too, we will open in 19 minute's
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time, virtually dead flat especially for those tech stocks. this one, new york yankees they are at odds with espn, scheduled 8:00 p.m. game on the day before they are to to play a double header, the yankees say change the timing of the game or we will boycott espn for the rest of the season. that's interesting story about baseball and tv. we will have it for you. the latest on the russia investigation. robert mueller's investigation accusing manafort of witness tampering, judge napolitano on that. and 8 states holng primaries today. one of the more interesting races, montana, senator tester, he made unproven allegations, acsations really against president trump's nominee to run the va. now money is pouring into the republicans in that race. it's an all-out blitz to unseat
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stuart: primary day i 8 states including california and president trump just tweeted this. in high-tax, high-crime california be sure to vote republic cox for governor, he'll make a big difference. john cox and travis alan, top two republicans in the race, both of them they'll join us in 11:00 o'clock hour this morning. let's get to that senate race in montana, democrat john tester made unproven accusations against trump's va pick jackson, respon today thapresident roll tape. >> the false accusations that were madeut himator tester from a great state, i don't think that state is going to put up with it. these were false accusations about a gre man. stuart: well, now gsring moneo montana race to get tester out. adam shapiro, h much money are e republicans putting into this race in.
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his is a lot fromillion in outside sources, 1.8 million. let's get into this because tester is consi ve not only republicans but by the president, he's never won more than 50% of registered vote when he has run for senate. that's why the prime primary is crucial, the winner of the primary will face john tester. you talked about the president calling on tester to resign. before all of that took place in april, tester's approval rating around 56%. but now the republicans still see him as being vulnerable and the money that's been spent, works about $8 per registered voter,oughly00,000 registered voters instate and a lot of the voters have already returned absentee ballots, a third of them have returned absentee ballots, who are the t runners in the race, mat rosendeal, current state auditor, retired base executive
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troy downing and albert, the reason this is is important is tester is considered vulnerable. the republicans are going to try and take him out with the winner of today's primary, stuart. stuart: got it, adam shapiro in montana and right where you used to liver. ashley: the apartment is right up the street from there, very strange. stuart: coverage of all primary races and starts tonight at 8:00 p.m. eastern. big guest coming up conservative filmmaker danesh dzouza got pardon from mr. president. he's up next.
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stuart: we are just getting this from reuters, uk has cleared 21st century purchase of sky. now, president trump granted full pardon to conservative at a danesh dsouza. >> good to see you. stuart: you put out a film president obama's america, because of that you were targeted? >> yes, the movie wasn't just
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ideological critic of obama, it went to obama's world, i was in kenya interviewing president obama's brother george and obama had been going around saying that wre brother's keeper but the brother living in third-world poverty and obama didn't do anything to help and that department sit well with obama and unlearned dogs eric holder and brrara in new york. stuart: you were pardoned in the same day and same statement as rod had sentenced commuted and martha stewart was given in the company, you were in the company of govoish and martha stewart. how do you feel about being in the the same statement as those two? >> well, if i'm right, my parred open was handled separately.
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the president had called me the day before. he said that he looked at my case, he said he knew it w fishy from the outset, his words were you got screwed. you committed a technical violation by those people, the obama people, went with everything they've got and he was going to set justice right. the very fact that president trump is considering pardons is not trump pardoning his own team, he feels that there are injustices perpetrated an he has the power to fix them. stuart: danesh, you said the president called you, had you made an application to the president? i made no applications, stuart, in fact, social media campaign to collect petition signatures to get me pardoned but i felt i was unseemly for my own pardon. i stayed away from it.
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my wife and i had dinner with senator ted cruz about a month ago and senator cruz voluntarilr case, i'm going to ask president trump to pardon you. and cruz called me and told me that the president was receptive but he said, look, there's a legal review, complicated matter, it's not a done deal until you get call from the white house and then literally two or three weeks later i got the call from the white house. stuart: that must have been quite a moment. how do you feel about howard schultz leaving starbucks and maybe making a run for the presidency? >> well, this would be very interesting. i mean, schultz is one of the greatest entrepreneurs of our time, he's essentially changed. it's very rare that one cannot only start successful business but you can almost say change the way americans live their ordinary day. i think this is a great entrepreneur. but it takes more than that to be president, you not only have to be an entrepreneur, you to
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sort of understand how to communicate the principles of trepreneurship, you have to have public leadership and whether he has that, have no idea. stuart: you have to have a policy which supports entrepreneurial activity if you want to make economy success. last point to you, danesh. >> yes, we are living in election, the fact that the outsider has been performing so well, i mean, look at purely in the objective terms in the economic numbers shows you that americans, i think, are reassessing what they meanly leadership and the guy that they want to see in the oval office from now. stuart: danesh dsouza we are delighted to see you on the
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program. a good thing. thanks for joining us, sir. see you again. all right, just a little bit higher. 9 points on the dow. we will be back. it's pure epa. vascepa, along with diet, is clinically proven to lower very high triglycerides by 33% in adults, without raising bad cholesterol. that's pure power. proven to work. vascepa is not right for everyone. do not take vascepa if you are allergic to icosapent ethyl or any inactive ingredient in vascepa. tell your doctor if you are allergic to fish, have liver problems...
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will open up this let's check from yesterday, we were up significantly. the dow up at the closing bell. went up to 24,800. that's where we are. that's where we are kicking off from. odds are we will be up a tinny fraction. watch that nasdaq, i think the big-tech stocks are moving today. here we go. we are up and running, look at that. we are up a tinny fraction. let's not get carried away. we are dead flat. dead flat. can we agree on that, please? how about the s&p 500 in same story, probably, dead flat up .03%. but the nasdaq, different. now you're up almost a quarter of 1% there. 15 points, that tells me techs are moving up again this morning. before we check them have a look at the yield at the 10-year treasury, 2.19%. market went down. we were 291 right now. let's get to the big-tech stocks
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because that's what everybody plays these days. all of them up. look at that. amazon, apple, microsoft, those three are at right now all-time highs. all of the big 5 tech stocks are on the upside. we will be following throughout the day guarantied. how about starbucks, if howard schultz is stepping aside, any impact on the stock, probably not. it's down about 1%. okay, we will follow that one too. who is going to follow starbucks and big techs with mua. elizabeth mcdonald, ashley webster and d.r. is on my right, not politically. [laughter] stuart: and mike murphy. successful murphy. big-tech stocks, you've got to have a strong stomach if you're going to buy amazon at $500 a share. >> i think you have to have a sense for history and what's
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going on at the companies, they are this big and still growing double digits. back in the days when i started in the 80's, stocks were growing high single digits, you were happy that gm was doing that. netflix, facebook grew 49% in last quarter, stuart, when they are doing that, they are going to keep getting bigger. stuart: they have to keep doing that, you think they will, mike? >> i think they will and we have talked about it often. all of the big techs have given you an opportunity for selloff, to step in and buy them. i would look at companies as d.r. mentions that have the facebooks, amazons, apples, everything is here. if there's weakness, temporary pullback regarding the cambridge story or downgrade by analysts that's when you want to get in and buy the stocks. stuart: none of them are saying sell them off? >> absolutely not. we had the discussion at
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microsoft of 80 bucks you and i. stuart: 25% since then. a few months ago. then apple unveiling new features at developer's conference, smarter siri and this intrigues me, software to curb your addiction. >> big investors in apple, billions of dollars worth of stocks, they've raised concerns about iphone addiction especially wit children and now a new future at apple, if you're a parent you can m the time your kids spend at home and allowance for kids which would cut off after a certain time. back storyh apple is people are holding onto iphone's longer and it's all about services right now. iphone services unit quadruple in sales. ashley: you have to go to apple phone to figure out that you're using phone too much. come on. mike: there are teens that are using this, monitoring their own
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phone usage. my daughter studying for final exam was doing it with app called trees, you win trees and you build a forest around it. a way for people to use their phone in a smart way rather than just sitting there. ashley: environmentally friendly. stuart: i'm walking away from it. not negative at all. >> stuart, i get to work with a lot of church youth groups and we talked about being off screen and i also talk about there's a time to be on screen with the media information. if you don't know -- let's look it up and talk about it while we are in youth groups. it's turn on at the right time, turn off at the right time. stuart: apple is 191, 12 bucks, 11 bucks away from being a there trillion dollar company. starbucks, howard schultz stepping down, i think, that's my opinion, i think he's running for the presidency, anybody take me on, anybody say no, wrong in. liz: i don't know why he can't start small as city councilman.
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why shoot the moon. [laughter] stuart: next question, i welcome this on the grounds that i think we could use some corporate talent taking over from any problem with tha murphy? mike: he's watching our current president and he's saying, i think i can do this now. good for him. ashley: is he far enough left for the current democrat party, is he too moderate? liz: not working for them. >> he has such a strong background in supporting the people of starbucks. we've had some things going on lately, but he was as early as adopter for health care, for all his people for part time people, he's done a lot of good things and 17 store business where it is today. stuart: he did tell another interviewer that he doesn't like the corporate tax cut. ashley: democrat worried about spending? [laughter] stuart: where are we in 5 and a half minutes into the trading session this tuesday morning, we are now up 5 points.
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i can still get to call it pretty much dead flat. down again today, $64 per barrel. the price of gas holding steady, edging lower, 294 is national average and there are now 14 states plus dc where the average price is $3 or more. so we've stabilized gasrices and it's starting to come down. that's the way it looks to me. twitter, interesting, twitter will replace monsanto, it's going into the s&p 500 and the stock is up 4%. why is it up just because it's going into the s&p? >> well, you have large index funds that need to purchase twitter stock, moving to s&p, stuart, remember twitter was at 12 or $13 a share not that long ago, this move has very little to do, but twitter has really taken the lead as the go-to place, the go-to social media place for news.
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i think there's a lot more room. stuart: whoa. ashley: journal points out unusual, they normally have four straight quarters of profit, right, before you can get into s&p 500. the last two have been profitable and they hope to be profitable for the rest of the year. a wink and a promise will get you a cup of coffee, right? stuart: putting them in -- ashley: it's unusual. stuart: that's for sure and the to be is up 4% as of today. look at the chart. i like that. got it. and new poll from you gov, republicans view netflix less favorably. ashley: i don't know about that. stuart: netflix doesn't have the same programming everywhere. >> they do have regional programming and some of their new content spending, they raised $1.9 billion in debt, is going cost make programs for local areas, asia, latin america. this is talking about
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republicans an democrats so this is specifically speaking about americans, it did drop about 16% on the republican side, but you have to think, netflix, you have to have programming on both sides of the aisle. stuart in america republicans perhaps don the signing of president obama and michelle obama to a contract to produce netflix but elsewhere in the world it's growth area. mike: i think also netflix has done a phenomenal job in putting enough content for all different walks of life, so this is netflix -- >> temporary, stuart. this is temporary response to the signing, that's all we are seeing. stuart: whatever you say, d.r. nearly a quarter of tesla model 3 reservation deposits have been refunded. why? >> yeah, it is all about production delays. they've got 518,000, half a million 1,000-dollar deposits. now at some point in time, those
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deposits terrors were going to have to choose whether they would put a nonrefundable additional depositown to pick the -- pick the exact things they wanted on their car. big chunk of those in april and instead of saying we are going to wait indefinitely, they said me my money back. liz: tesla has big shareholder meeting today. watch for headlines coming out of that. some unions want to unseat certain directors on the board. so you can imagine it's going to be fireworks at the shareholder meeting today. stuart: okay, i want to talk about mcdonalds, they have a huge push towards self-serve kiosks. ceo says, when people stay in the restaurant longer, they select and buy more. now what's this -- how many kiosks are going to be introduced? do you hav the numbers? >> a thousand per quarter in company stores for two years, so 8,000 new kiosks at a total of 37,000 stores so that's a lot of them. the dwell portion is that when
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you talk to someone at the counter you seemed rush, you want to make sure you get order, when you are sitting at the kiosk you can take your time. stuart: i don't want time, i want it now. lialds is also talking about table service as well. in other words, get your food delivered to your table. that's a sea change at mcdonalds. stuart: i don't want that, i want it now. what do you say? >> this is how consumers are used to getting products, tap phone, tablet, they swipe, you will be swiping and tapping soon enough. ashley: it is quicker. you pay for it, ticket c out with number, you go to pickup. much quicker than standing in line. [laughter] liz: how much is that? >> give stuart his own button. [laughter] stuart: stop laughing. we are going say thank you to mike murphy and thank you to d.r., both of you, many thanks,
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good stuff. now we are down 15 points for the dow industrials, ten minutes in down 16, 24,795 as we speak. sports fans, you want to play some bet on the nba finals, maybe even the world cup, you can do it now in delaware. we are talking to someone who stands to make a lot of mey on this one and he's next hi. i'm t he only bed that actually senses your movements and automatically adjusts to keep you both
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are doing. nicole: as am i. everybody runs to the gate, you're sort of pushing and shoving and waiting for specific group to be called. this is what they are doing at united. they are simplifying the boarding process. in fact, just two categories rather than 5 categories because this has been one of the headaches that's been reported from the customers in the surveys. what's interesting is american airlines simplified boarding but they actually made it 9 categories. so i don't know if more or fewer is a better way to go and the number one complaint wi-fi, not enough wi-fi on flights overall. back to you. stuart: fascinating, nicole, thank you very much, indeed. delaware becomes the second state behind nevada to allow fullcale spos betting as of today. joining us william u.s. chief joe asher. >> good morning. stuart: your company,ic you provide technology and back
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office stuff to enable sports betting, it seems to me that you're about to open the flood gates across america, can you tell us that? >> well, i can tell you we are excited to get going in delaware and i think it'll be within the next week or so, perhaps two in new jersey, so, you know, it's going to roll out state by state. the flood gates are certainly not going to open in one swoop but excited to be opening in delaware. stuart: you make the book, you the technology to do that and the computers and back office stuff, you with own testify biggest bookies, forget the expression in the world, i think? >> we are certainly one of the biggest sport betting companies in the world, book makers, technology, we have the people as well which is terrific and you know, it's ironic i'm actually in delaware, a block, one block literally from where my father's bookie used to be.
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today we embark instead of betting i legal bookies, we can bet on sports legal companies when the states passed legislation to enable it. stuart: as of today if i'm in delaware, i can go to venue of some sort, i can place a bet on the nba finals o any other american sport, right today? >> starting at 1:30 tat 3-racetrack casino in delaware. delaware park, this is all run by the state lottery, we are the risk manager for the state lottery and certainly you can bet on the nba finals, my golden knights aren't doing so hot in stanley cup but hope springs eternal and european socker as well. stuart: wait a minute. not the season right now, i mean, the season starts again in late august. come late august if i'm in
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delaware i canlace a bet on premier socker from -- soccer from britain? >> absolutely. we will see what other states come online. stuart: what about the worldup starts in 9 days? >> of course, world cup soccer is available. unfortunately the americans aren't in it. it won't be a big of a deal as it otherwise be but you can bet the worl cup. stuart: one last one, what about the impact on college sports because the impact of legalized gambling in lower-end tennis has not been a good deal, what about this in college sports? >> in college sports you have to distinguish between the major college sports, of course, big-time college football and college basketball especially around march madness is a huge deal in nevada today and i expect it to be very popular in
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other parts of the country as well but i do think that folks will be very responsible about it and obviously the very big difference between alabama, lsu and football, perhaps my beloved delaware blue hens playinges madison. stuart: okay, we have got it, thanks for joining us, good luck today. at 1:30 you kick itff. check the big board. we are down 26 points. not a huge loss, about one tenth of 1% on the downside. judge andrew napolitano testifying on capitol hill tomorrow. he's going to join us momentarily to tell us what he's up to. we will be back. to get to your bonus cash back. first they make you sign up for bonus cash back and it's only on a few categories. and when those categories change, you gotta sign up again. when does it end?! with the capital one quicksilver® card, you earn unlimited 1.5% cash back
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or hospital that takes medicare patients. and there's a range of plans to choose from, depending on you needs and your budget. so if you're turning 65 soon, call now and get started. because the time to think about tomorrow...is today. go long. stuart: here is an indicater of the success of smaller companies, the russell 2000, smaller comnies, that's an all-time high. got it. the uk has cleared 21st century fox purchase of sky, remember that comcast is also bidding for sky, 21st century fox is the parent company of the fox business network. special counsel robert mueller accusing former trump campaign chair paul manort. what's the implications of this?
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>> the implications are twofold, mueller is attempting to get witnesses to change testimony and -- stuart: mueller is trying to do that. >> manafort. that was a slip. that's not in this case and two, they are asking mueller, mueller is asking for the immediate incarceration of manafort. he has two trials, one in july and one in september. when the government files a case against you, you have the right to go and talk to -- not personally but through investigators the government's witnesses to find out what they are going to say. but the investigators cannot try and get them to change testimony, you just want to know in advance what it is. stuart: mueller's accusation is that that's what the manafort people did? >> yes, witnesses are the witnesses themselves who called up the fbi and said somebody knocked on my door and tried to get me to change testimony. stuart: on the left side of
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screen is harvey weinstein in new york city. live camera shot there. he just walked in there. >> the case against him is very strong, very, verytron uart: okay. forgive me judge. i want to spend time on this. you are going to testify before congressional panel tomorrow. >> yes. stuart: executive law powers. >> yes. stuart: a bill which wants to expand the president's power to make war and go to war. >> so the president obama and excuse me george w. bush and barack obama have relied on the authorization to use military force, two of them. 2001 and 2002. they talk about the people that attacked us in 9/11, the people that harbored and attacked us in 9/11 and the occupation of afghanistan, they are out of date, senators corker and tim cain, bipartisan proposal to get rid of those and run new one.
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the oblem with the new one it lets the president attack whoever he wants and if congress wants to stop that, it would take a two-thirds vote of both houses, well, that defies the constitution which says, excuse me, congress declares war, the president wages war, congress can't wage, the president can't declare. this is a passage of power from the congress to the president which is absolutely unconstitutional. stuart: you oppose? you'll be testifying in opposition for this idea? >> everybody testifying tomorrow is in opposition. on another day they will have many people testifying in favor. stuart: by the way, bernie sanders is going to be questioning you tomorrow, you got tha >> i can't wait for that one. stuart: he's on your side. >> he is on my side. you might be on my side as well. stuart: maybe. i have to get this in, prince harry and meghan markle get a lavish royal home as a wedding
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gift from the queen. ashley: most get china and the queen has giving them york cottage, that's not cottage, a 20,000-acre estate northwest of london, this is their country abode. george the fifth loved this place. >> it's from the taxpayers. [laughter] >> everything the qen has is from the taxpayers. stuart: you think she has no personal wealth. >> inherited a lot of wealth stolen. forget about the testimony tomorrow. [laughter] stuart: all right, president trump -- president trump disinviting the super bowl champs from their visit to the white house today. they are not going.
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stuart: last season are not going away. they evolved into a racially tinted anti-trump movement, badd for theport. bad for the players. that is my opinion. today the philadelphia eagles were supposed to go to the it to hor the r bowl win. the president disinvited to them. if they don't all come, nobody comes. trump digs in with a hard-line. he wants them to stand for the anthem. none of this kneeln the er room. it is not about respect for the flag, and about race and response of african-american football players to the trump presidency. the kneelers are overwhelmingly black. their protest picked up steam when the president called them sobs.
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now we have an on going confrontation. it is about politics. kneelers have become part of resistance to all trump. 90% of the black vote goes to democrats. democrats want to keep it that way. democrat senator bob casey jumped on the controversy and invited eagles to capitol hill. the democrat mayor of philadelphia called the president a fragile egomaniac. trump, race, politics, that is a toxic mix. but what about the sport? who is looking out for the state of football? nobody. the players are hurting themselves and the sport. the owners have grown fat on profit, dither, divided on sidelines, the same with the nfl. the politicians are taking sides. the president is saying enough. don't disrespect our nation or the presidency. i'm with him. get out there and play. that is what america wants. the second hour of "varney & company" is about to
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begin. stuart: this is the ismcturg.as, better than expected 58.6. the diving line between expansion and contraction is 50. anything above 50 you're doing well. this, i believe it is up almost two points on april, which is again a strong number. this is the 100th straight month of being above 50 of growth. that is pretty impressive. that is very strong number, better than expecte on service side of the economy, which is actually a bigger slice of the overall economic pie. so it is stuart: may be having a modest, fractional impact on the market. we're up 10 points. the market did start to rally a fraction there, when that number was released. how about the tech stocks.
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four on the screen, hit record highs as of now. amazon, at 1683. microsoft 102. alibaba 210, the nasdaq composite, just hit another all-time record high as well. the action today, folks, it is in the technology stocks. quickly check the price of oil bec is down thi morning, down again now at $64 per barrel. i want to get back to the editorial about the eagles and anthem kneelers. here is the presidential tweet on canceling of white house event. i want to focus on the last part. staying in the locker room for the playing of our national anthem is as disrespectful to our country as kneeling. sorry. philadelphia's mayor responded with a statement that said, now just part of it here, disinviting them from the white house only proves that our president is not a true patriot but a fragile, egomaniac obsessed with crowd size and afraid of the embarassment of
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throwing a party which no one wants to attend. joining us now, former nfl super bowl champ, author of, why i stand. burgess owen. give me your take place, on president, eagles and the disinvitation. >> first of all, that monologue was spot on, my friend. i don't think i can add to that. give a backdrop, behind the curtains of nfl, this whole thing our country is fighting for the heart and soul of our country, for black conservative, we're fighting for heart and so of our black kids. last eight years, something we should keep in mind, 83% of black teen males have been unemployed. 75% of the black boys in the state of california, could not pass standard reading and writing test. 70% of black mendes earth their families. black on black crime is through
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the roof. one of the things my parents told me, when we had a lot of pride in our country, see obstacle, pray, over work and serve overcome obstacle. instead we're doing complaining an pointing fingers. i'm in california right. i'm in california, knocking on doors for young man, omar navarro, sitting in maxine water's home. black elitists. not donald trump, not white americans, not the flag, white elitists become wealthy with the sery of plaque -- black americans. if you want to help out, educate yourself, pull back, stop looking at b.e.t., our enemy is ideology, not color. if we start doing that we c win this thing. stuart: do you sense any movement n black community in terms of votes? up until now the 90% of the black vote gone to democrats. 90% go to democrat presidential
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candidates. do you think there is any shift in that? bear in mind what you're saying historically low level of under trump of black unemployment? >> there is a of good news out there. blacks are hearing it. we're shifting, went from 12% of black men for candidate trump 22% of black men rooting for presidentrump. ye we are the greatest, president, greatest president we had last few years is president barack obama. he fell short of his promises and misery all-time high and black americans are waking up. i'm thankful, excited by someone drawn a line in the sand. we need to beud of our country, proud of our kids, this is the base to get it done. let's not put down opportunities these young men are having and telling our kid they can experience. stuart: get out there and play, that is what america wants. burgess owens, thanks again for joining thus morning on a historic day. thanks very much. appreciate it. >> thank you, stuart, very much.
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stuart: big tech in particular driving the overall market again to the upside. look at that. amazon, microsoft netflix, alibaba all-time highs across the board. scott shellady with us, tjm managing director. scott, are you a little exasperated by this. they keep on going up, don't they? >> well they do, just really two of them, stuart. fang is a bang. amazon, netflix taken things a lot higher. other ones slowly but surely bringing up the pack, they're the solidifiers, right? they are the ones keeping things bid. hard to get on a horse up 90% already this year. that is what you have with netflix and amazon is close second with 42, 45%. the other ones are 10 and 20%. those are nice, solid gains. you know what? that is american ingenuity, americans hard at work, and americans nextwave to be here it
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support this market. stuart: we're sitting there in london, you've been sitting there quite some time. i don't know how long you've been there, you've been there quite a while. what is the view of these huge american and very powerful technology companies? what is the view of them from europe? into you know what? unfortunate, stuart, you are theres well but with somebit of the european regulations they have begun to start to nitpick, try to take away what those great big american stories. re is iues with security, there is issues with hacking but at of the day, those companies, our companies are the ones driving things forward, creating new jobs, creating new ideas. american ingenuity got us to where we're at. is hard, that socialist mind-set keeps creeping in, want to pick away what would be wrong with them, like burgess was, celebrate the good, not nitpicking bad. stuart: i have never seen anything like it, flow of money
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into five huge american technology company. back to business, scott, get o there with your ski glasses, make money with you -- i don't know. sunglasses in england? >> there prescription. they're prescription. ashley: sunglasses in england. stuart: no offense. thanks, scott. talk about apple. facebook with some updates of operating system. you know what that is all about? liz: tim cook taking on zuckerberg at recent ceremony take about privacy issues. now they have turned, apple is putting appears -- apps for apple iphone. sharing photos with friends after dinner. chat on face time up to 32 people. virtual reality apps they're talking about. multiple players, sort of a facebook. watch this, apple is saying we're shutting down those shares and likes that are popularized
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by facebook that facebook uses to follow you around the internet. apple taking direct aim at facebook. stuart: apple hit all-time record high on your screen. $193.45. investors approve. ashley: yes. stuart: today we find out how father tide has turned in california. two gop candidates one has to finish with the top two to get into today's primary. both join us next hour. minutes from now the man who refused to bake a cake for a same-sex couple. he took the case to the supreme court and won. more after this. that is the baker and his wife, by the way. ♪
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stuart: check that big board. we're up three points. that's it. how about the dow 30? we're kind of evenly split between winners and losers. yes, we are, a dead-even split right there. now look at twitter, please. that is at a three-year high. the stock is going to be included in the s&p 500. that is why a lot of fund managers have to buy it, that is why it is up 4%. in colorado a baker refused to make a cake for a same-sex couple it went to the supreme court. jack phillips is his name. we're joined also by list lawyer, kristin wagner. do you regard this as out and out victory for religious principles. >> i think is a big win for religious freedom. the commission ruled egregiously against my right to practice my
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faith. stuart: it was a verdict against the colorado civil rights commission in fact? the supreme court took that cosion to task as opposed to the gay couple or you, correct? >> they recognized that the commission treated myth with disregard, with disrespect and intolerance. stuart: i will get you in a second, kristin. i want to know how you have gone through all of this? this case has evolved over the past year at least i think. how have you held up? >> this case is six years old. stuart: six years old? ry. i didn't realize that. >> knowing that i serve everybody who comes in my shock is g pause i serve everybody. i just don't create cakes with every message that people ask me to create. so civil rights commission forced me to start creating cakes for same sex weddings, i will serve the two men that came in my shop. stuart: what other messages would you refuse to put on a
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cake? >> not just refuse to put on cake or cake in general. i don't create cakes for halloween. cree that would benti-american orld be disparaging against other people. denigrate other people or even desmarriage people who identify as lgbt. its the message of the cake. it is never the people who order the cake. stuart: kristin, you're the gentleman's lawyer here. does this case and the supreme court ruling open up as a precedent that other business owners could say, no, i'm not selling my product to you for whatever reason? does it open it up like that? >> no, it absolutely does not. the supr court found that jack serves everyone who comes into his store but that he can't promote all messages. that is a critical distinction needs to be made. when we're dealing in areas involving religious hostility by the governm thert said in 7-2 ruling yesterday, religious hostility in a government has no
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place in pluralistic society. that hostility was so obvious in this case it ruled in jack's favor. stuart: this hostility, tell me, there were nasty words used about jack, is that correct? >> yes. there wasn't just nasty words, comparing his beliefs to those of the holocaust and slave owners but they actually said and ruled in threether cases that cake designers who didn't want to criticize same-sex marriage with religious messages had first amendment rights but jack did not because the governmentisagreed with his religious beliefs on marriage. stuart: where do you go from here, jack? >> hopefully we go back to the making wedding cakes, 25 years ago to do the wedding art that i love. stuart: i understand your wife has had trouble going to the bakery because of trouble surrounding it. >> i has been very hard time last six years. we had death threats. hunch thousands of hateful emails and hateful phone calls. she was at a point afraid to come to the shop because you
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never know what is going to happen. stuart: is it just gay marriage that you object to? >> not, not at all. there are dozens, i gave you examples of other cakes and mess that don't i serve e who ces in the shot, gays, catholics, muslims, anybody. stuart: but it is gay marriage that you objected to in this case? >> in this case i object to being forced to participate in a marriage that represents a view of marriage that goes directly against my c faith. >> it is the message. stuart: the same couple, another gay couple turned up in your bakery again, no government agencyas fciouo mak a cake in any way, shape, or form, would you do it? >> i would serve them. i told these two gentlemen. sell you cookies, brownies, make you birthday cakes, make you custom cakes, this is just, message of this cake is one that i can't create. stuart: do you think your client here was picked on? >> oh, absolutely. he was targeted because of his
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religious beliefs. we need to remember that w want freedom f ourself, then we have to extend it to other people. political opinions may shift, culture may shift, in certain ways at certain times but the first amendment protections should applyll of us, regardless of our beliefs on marriage. stuart: jack, is there a particular, not a particular church but a denithin christianity you belong to? >> not really. i guess, evangelical would be an appropriate term. cover as pretty wide swath. i'm a follower of jesus christ. stuart: okay. look it, it was a pleasure having you on the program. thank you very much for appearing. i'm sure you must be utterly exhausted. we wish you well in the future endeavors. kirsten, thank you for joining us. >> all right. stuart: later tonight, by the way, comedienne samantha bee, she says she will try to explain her extremely vulgar comments about ivanka trump on show. in my opinion, that is another
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play for ratings. roseanne fired for tweeting. abc already thinking about a can a reboot succeed without her? good question. ♪ man: i got scar tissue there. same thing with any dent or dings on this truck. they all got a story about what happened to 'em. man 2: it was raining, there was ly one way out. i could feel the barb wire was just digging into the paint. man: two bulls were fighting, (thud) bam hit the truck. try explaining that to your insurance company. woman: another ding, another scratch.
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deteriorating and now is the time to step down. you know, health issue has to be significant enough for him to get out of not only the running of the daily business but also the very active political spots that the koch brothers take. stuart: americans for prosperity, they helped fund. they have been target of democratic attacks for a long time. harry reid said the republicans have a koch addiction. but a powerful force behind the republican party. stuart: i want to understand, if he is retiring from political life, does that mean he is no longer putting money into politics? i don't think that is the case. ashley: no. what you have to do to send money to someone? not like you have to be as active. stuart: we have that down. a couple more markets i want to discuss for a second. the price of gold has been hovering around $1300 an ounce, still there, down 10 cents at 1297. how about bitcoin? $7,000 a cain yesterday.
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same story today. right there at 7400. samantha bee expected to address her very nasty ivanka trump comments tonight on h show. emac, i say that is a play for ratings. what say you? liz: the thing is, she used that awful word. it muddied her original message, right? so the point is did she need to personally attack ivanka trump using that word? michael moore has come out in defensef samantha bee and others. the point being, that you can make your argument without attacking number one, the first daughter personally and using such a sexist misogynistic term. that is, we'll watch to see what samantha bee says. that word should not be fit for broadcast, right? stuart: absolutely not. for you, ashley, abc considering a roseanne reboot? ashley: the introduction of "roseanne" was a ratings hit. generating millions. it comes to a screeching halt. more than 200 people lost their
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jobs as a result of cancellation of the show because of the tweet that she put out. mor is they're looking maybe rebooting the show and having maybe john goodman, character a lead or the daughter, may be, darlene as the lead. either way, it is going to be complicated cause cars sy werner, name of the production company owns "roseanne," roseanne barr has a huge stake in that. they would like to reboot. stuart: listen to this one. illinois pays one of every three dollars in its education budget to retired teachers. one of three dollars goes to retirees. unsustainable burden for taxpayers. we that story for you. howard schultz stepping down from starbucks. politicses looks like it. we're only halfway through this three-hour extravaganza.
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♪ liz: ah. stuart: got it. eight days a week. liz: great song. stuart: that was a great song. early beatles. there you go. check out that big board. still not a huge movemen today. we're up five on the dow, but look at this please. amazon, apple, alibaba, netflix, all of them on your screens now, hitting all-time highs. liking them big tex. now let's go to illinois, highly-paid educators both
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retired and working costing taxpayers $3.7 billion per year that is. six retired educators received at least $300,000 in pensions. 1/3 of illois's income tax goes to paying retired educators, 1/3 of it. grover norquist, americans for tax reform president. let that sink in. illinois's budget is busted paying retired teachers. a third of t iome tax revenue goes to retired teachers? is that right? >> well, some of that money comes from property taxes, but if you took the income tax, how much money goes to retired teachers? a third of all income tax. so, yes, in effect, that amount of money is spent for retirees. stuart: what are they going to do? because you can't go on like that. >> well the challenge you have is that elected officials mayors, school boards, love to be able to give away things when they're negotiating with unions, but they don't have any money
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today. so they promise you the world in 10, 15, 20, 30 years, when you are retired and politician is dead or retired himself or herself. so there is, realblem when elecd officials give away the store from 10 years from now, 20 years from now, they do that particularly with pensions. why a lot of competent states, illinois is not on that list, have moved to he defined contribution pensions, so when you give somebody a pension that is money you pay today, and you know whether you have it, 401(k), ira. stuart: okay. with is sill know going to do? >> go bankrupt. at some point. stuart: states can't go bankrupt. >> that ising a interest question. there w effort by congress to pass a law to make it clear that they could, because you do want them to be able to reorganize at some point. stuart: what about the state of new jersey? i'm told it is in the same situation, not quite as bad as illinois maybe, but getting
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there? >> well, they actually made progress under governor christie with a democratic state senate leader. they took of $30 billion of unfunded liabilities offhe canappen. modest reforms. road island, with democratic leadership,y made reforms in pensions. they have a left of center governor. she did it as treasurer. so even some d states are making progress. michigan went to defined contribution pension for all state employees back in '99. they have saved billions. stuart: what about, go back to illinois. i asked, what are they going t do? your response was? they go bankrupt. >> that is the government. the people should move to florida, texas, tennessee, some state without an income tax. stuart: okay. what have you got? liz: illinois is considering a state, state property tax to pay for those pensions, imposed at state level, instead of local.
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stuart: so they raise taxes. liz: new state property tax. ashley: in addition to the local. liz: in addition to local property tax to pay for pensions. grover, that is what they're doing in new jersey, paying taxes to pay retired teachers. seems in illinois, new jersey, elsewhere, they are laying off working teachers, or at least not hiring them in the first place so they can pay retired teachers. this is nonsense, isn't it? >> what our cities, too many states have done, cannibalizing their budget to pay for pension promises. you're right, they're not giving pay increases presently to present teachers. that money is going out the door into pensions. they're not hiring, they're having fewer policemen and fewer other folks because it's, the budget is squeezed by those pension promises. and step one is to reform it so it doesn't get any worse. utah, state, local, all employee, government employees,
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starting about five years ago, went on to defined contribution pension, 401(k), ira. state puts in 10%. you can put in up to 10%. then you're done, when you walk taxper owe y, the government, anything, not ending up like detroit, sorry, wet to get you money, you're out of luck. only moving to defined contributions, 401(k)s, iras, pensions, ends this problem. there will be a long time before illinois gets back on its feet if they acted today, and they're not acting today. stuart: no, they're not. grover, that is a good story. thanks for bringing it to us. >> you got it. take care. stuart: look at this. new york mayor bill de blasio, taking aim right at the city's elite high schools. what is going on? liz: getting rid of specialized high school admissions test, phasing that out over three years in favor of, both a lottery system and exam based on 7th grade state and math,
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english test scores. he is looking for diversity. a push for diversity. stuart: bottom line, the mayor of new york city does not like the fact that asian score very well on these competitive entry exams. ashley: yeah. stuart: he wants to put them out and have other people in their place. asian families are so angry, protesting in brooklyn. stuart: i should think so. they go through the hard work of doing this and get booted out. that is ridiculous. brian kilmeade is with us. the host of the "brian kilmeade show" on the radio. he is joining me now on tv. i want to get to mayor de blasio in a second. i think you're outraged. the yankees threatening to boycott espn over scheduling of a baseball game. let's cut through this for a second. it seems to me that espn has the power to tell baseball, you're going to play that game on this date and at this time. that is working against the interests of baseball and
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baseball fans. it is in the interests of tv. i don't agree with that. >> so in other words, you're a player first, stuart varney is a player first guy? stuart: yeah. and the sport, too. i want see baseball prosper. i want to see players prosper. i don't care about espn rescheduling a game. i don't think they should do that. >> the way it happened, monday, the yankees ad to play a double header to make up for rainout with baltimore. the game would start earlier. espn says we look at game schedule. yankees are money the bank. they're young and great. we'll make you the 8:00 game. no you're not. we have two games next day. we arrive in five in the morning, tough, you have to do it. aaron boone was once doing sunday night baseball for espn. so he is in the odd situation of saying, yeah, i would be on espn's side six months ago before i got this job. so the yankees saying you have got to be reasonable.
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tell you what, 162 games, very few doubleheaders these days for a reason. players union went to bat for it. wears out players. not good for the roster. so i get that. i think they should have a say in it. i don't think players should be involved. that is when brian cashman and management get involved. if you have a union, let them get involved. why are we watching star players say that is ridiculous? some listening, you play a game for a living but it's a grueling game. three games in 24 hours is tough. stuart: i think we have minor disagreement, brian. we'll move on. eagles disinvitedrom the white house over the national anthem protests. i'm with the president on this. kneeling in the locker room doesn't make it for me. get out there and play. that is what i say. you say what? >> couple of things. president had no choice. kellyanne conway, eagles fan, gave word reportedly, nine or 11 of the 70 eagles player is
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coming. owner is on the record saying the presidency a disaster. he thought to himself, wait a second, like golden state warriors, making me look bad n showing up, i'm canceling you. sitting in front of an equipment manager, assistant coach and intern. people are getting mad at president for canceling? the president is taking on the league and team in a way because he was unhappy a couple weeks ago when actually read him the new rule said if you don't want to stand for the national anthem say in the locker room. he said i really don't like idea of staying in the locker room. stand or don't play. that ticked off a lot of the players. stuart: me too. not that. but thehole situation i think is really bad. >> now they will have band, ever on the white house lawn. it is celebration. stuart: i will watch. hold on a second, brian. breaking news. possible progress on trade talks for china? liz: china presented wilbur ross and th team $70 billion worth of goods that china could buy.
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cles energyoods, soybeans, from the united states, nat-gas and coal. would cut trade deficit by 20% the f year. tariffs from the u.. side still due to take effect june 13th. this is olive branch from -- to the chinese. stuart: no impact on market. down 38 points yet. howard schultz stepping down,ng heill get into politics. charles payne is ahead. a company that tracks sports data and big player in legalized sports betting. this will be quite a moneymaker. and we'll talk about it. until... we lost it. today, we're renewing our commitment to you.
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fixing what went wrong. and ending product sales goals for branch bankers. so we can focus on your satisfaction. it's a new day at wells fargo. but it's a lot like our first day. wells fargo. established 1852. re-established 2018. ♪ most people come to la with big dreams. ♪ we came with big appetites. with expedia, you could book a flight, hotel, car, and activity all in one place. ♪ never owned a business.e term "small business," there's nothing small about it. are your hours small? what about your reputation, is that small? when you own your own thing, it's huge. your partnerships, even bigger.
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with dell small business technology advisors you'll get the one-on-one partnership you need to grow your business. because the only one who decides how big your business can be, is you. the dell vostro 15 laptop, with 7th gen intel® core™ross ashley: in the last hour, dinesh d'souza, conservative filmmaker just pardoned by donald trump, that howard schultz's presidential bid needs to be backed up with strong communication and leadership. >> this is interesting. shults is one of the greatest entrepreneurs of our time. he essentially changed. very air one can not only start geheay americans kind of almost live their ordinary day. i mean starbucks is a feature of my day, and so i think this is a great entrepreneur. but it takes more than that to be president.
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from 3.1 all the way down to 2.92%. not much of a factor. starbucks, t chief hord schtz stepping down. he has been there a long time. he is hinting he could have some political ambitions. susan li joins us now. she has a list of other very rich business guys who might get into politics? >> some richer than others. stuart: go. >> it is a long list. after 2016, ceo and as president, not absurd. bob iger is another name, disney ceo. however with the twenty-first-century-fox-disney deal, that might change the dynamic. bob iger says he will stay on a few more years. jamie dimon, jpmorgan ceo, name recognition, mix of success, business success and charm. apparently not interesting anymore. but he has spoken out on social issues. mark cuban, reality tv star, owner of the dallas mavericks. he says he is still thinking about it. mark zuckerberg, crisscrossing
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the country in the last year, what some saw as kind like a campaigning, sort of trail that he was on. and oprah, who can forget that golden globes speech, sounded like a presidential launchpad. some mixed signals from her camp, but if you have money, either you have the money, makes it easier for a run for the white house. stuart: donald trump opened pandora's box, he did. he led the way. there he is. but i suspect none of those on the screen, none of those mentioned actually will run. i think howard schultz will. >> can i point out a quote he had this morning? when you're talking about a ceo in the white house, in terms of public office, he says, i have experience running a global enterprise, unlike someone else who ran a private company. stuart: stark contrast. susan, all right. thanks very much. i want to bring in charles payne. i want his comment on the, howard schultz story, because it's a good one, isn't it? >> amazing story.
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an american story. first person in his family graduated from college. he worked at company, starbucks, the founders didn't realize what they had but he did. he eventually gained control of the company. made it into a global behemoth that it is today. he is exemplary example what you can be and what you can become in this country. stuart: i personally don't much care for his progressive politics. i don't think you do either? >> i don't. i railed against his so-called conscious capitalism he and several other companies espouse because in part i think it is phony and disingenuous. and it bothers me, when someone wags their finker in a business, whether it is him or michael bloomberg and tries to tell other businesses how to run their businesses, i get a little nervous. we see pitfalls of that. we saw it more recently. then you know, here is the thing, i saw same interview that susan saw this morning on a different channel, here is a company, he is beating up president trump building bridges
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instead of walls, also should add as terrific. starbucks goal to open up 600 stores in china. opening up store every 15 hours. he is conflicted. how does that help a steelworker looking for a job in pennsylvania or midwest? another problem i have with it, they present themselves as social justice warriors, there was this organization, that went through all the executives, out of 19, only three people of color. 40% of the workforce are people of color. average pay was 20,000, versus 20 million a year. if you're going to espouse something, pick on people, point your finger, maybe set example first. stuart: i saw same interview. he doesn't like the tax cut for business. >> right. stuart: he doesn't like the 21 trillion-dollar deficit without saying where it came from. he doesn't mention any policy at all as to which he might follow. >> also worries me is so concerned about u.s. standing in the world. i think we have he would soar,
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men and women right now dying in the middle east to keep the world free. we have lost hundreds of thousands, perhaps millions of people around the worldeeping it free. we spent trillions of dollars to rebuhe world we're the most generous country in the world. i don't care what any country says about us as long as we know who we are. stuart: to me this is all about politics not future of starbucks stock. >> conscious capitalism, the idea is that stock doesn't maer stuart: look at it. it is down a buck 27. 2%. >> the stock is relatively sideways a long time. here is thing with conscious capitalism. it is about stakeholders, employees, environment and other things, as well as shareholders. turns capitalism upside down. attempts to. i tell you what. for most of these publicly-traded companies really grabbed on to this. it has been disaster for the shareholder. stuart: thank you very much for all the hard work you do.
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we're not lollygagging around. >> americans get a little lays ier. stuart: careful, son. >> taking advantages of years of hard work. stuart: can you believe that? >> number one, when you can do that. stuart: you're off the hook. [laughter]. ashley: nice recovery, charles. stuart: thanks one and all. sports betting. legal in delaware as of today. a lot of money to be made. one company already set up for it. it will join us in a moment. former president bill clinton says he supports the women's rights movement, #metoo. monica crowley responds in our monica crowley responds in our 11:00 hour . five days a week. that's amazing. it's a pretty big deal. so i can trade all night long? ♪ ♪ all night long... is that lionel richie? let's reopen the market. mr. richie, would you ring 24/5 bell? sure can, jim.
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♪ trade , with td eritrade. ♪ it's me. your sleep number 360 smart bed... checking in. last night i warmed your feet so you fell asleep faster. i sensed you roll over and automatically softened your side to melt away pressure points and keep you sleeping blissfully. at 2am, this happened. so, i took care of it. does your bed do that? i'm the new sleep number 360 smart bed. now you can wake up to smarter sleep. let's meet, only at a sleep number store. this scientist doesn't believe in luck. she believes in research. c take more than 10ea to develop a single medication. and only 1 in 10,000 ever make it to market. but what if ai could find connections faster. to help this researcher discover new treatments. that's why she's working with watson. it's a smart way to find new hope, which really can't wait.
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stuart: legalized sports betting goes live in delaware today. second state after nevada to allow sports gambling. look who is here, sports radar ceo. why do i make such a big deal out of this? because karsten curl run as company that provides all the data for sports gambling. ain't that true? >> yes, you can say we are providing the fuel for this industry. stuart: you're from switzerland? >> i'm from switzerland. stuart: how long have you lived in america? >> in america i lived for two years. stuart: it is a swiss company? >> it's a swiss company. stuart: sports radar is a swiss company? >> it's a swiss company.
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we have 23 offices worldwide. stuart: revenue past $400 million. >> a little over 400 million. stuart: i put it to you, legalized sports betting in america, you're providing information for it that will go up rapid >> it is fantastic. growth of our addressable market more than 30%. stuart: on this program we like success. we celebrate success. >> do you? >> we don't mess around with semifailure, we don't do that. so on your board, michael jordan, mark cuban? >> yes, great gays. we are very happy that they joined us. super network, super support. more than i have expected from both of them. stuart: private company? >> it is private company. i own the majority of the shares. stuart: you own a majority of the shares? >> yeah. stuart: are he going to go public? >> no. not at the moment. because if you grow with 40 to 50% every year, why should you? stuart: you will grow 40 to 50% every year? >> the last five years average. stuart: yes.
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stuart: are you a green card holder or work -- >> work visa. stuart: you should move to the united states of america. >> good we did the show today. stuart: stuart: bring your money with you. >> i'm very happy. stuart: do you supply sports data, analytical data for premier league soccer or world cup? >> we provide for 60 sports. we serve two industries. one is sports betting and one sports media industry. not to forget this. stuart: ce on the show when you're planning ipo. i would like to hear. >> should i. give me a little more time. stuart: thank you for joining us. we appreciate it. off radar. >> thank you. stuart: a few moments ago, a few months ago, i should say it looked like a blue wave. now it looks like maybe a ripple. you will get my take on the west coast elites and their democrat allies. that is coming up next. ♪
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stuart: 24 hours from now, two trends will shape our politics and our country. number one, the reported. wave, number 2, the far left wave. today primaries in eight states. tomorrow the results. let's start with that blue wave. we have heard a lot about it, democrats believe there is a wave of support for their candidates which will carry them back to control of the house, the dream of nancy pelosi to become speaker again. what looked like a wave has become at best a ripple. in generic polls the demts were ahead double digits, now thre even with the
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republicans was california primaries will tell us a lot about this. segment ago republicans didn't have much chance of getting on the ballot in the race for governor, that has changed, skyhigh gas prices, skyhigh taxes, sanctuary state protection for criminal illegals and the highest poverty rate in the nation put the rain on the blue wave. then there is the far left wave, the trend within the democratic party to move further and further towards bernie sanders brand of socialism. the primaries will tell us a lot about that one. california stands out. democrats, a very crowded field, there are about a dozen candidates for governor and i would put on the far left of the spectrum almost all of them way out there. there showing will tell us a lot about the state of the democratic party going into the november elections was one name stands out but he is not running, donald trump. he is the focus of attention
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democrats, they think resistance to him is a winning strategy. we will see. this time tomorrow we will know more about the resistance, nancy pelosi's chances of being speaker again and how far to the left voters want to take democratic party. hope you will be watching. the third hour of "varney and company" is about to begin. ♪ stuart: laterhis hour we are joined by two republican candidates, john cox and travis allen. how will they take gavin newsom? back to your money and check out the big board. we did receive some news in the last hour, china offering to buy $70 billion of farm and energy products according to the wall street journal. it will be there way of getting down the trade imbalance, it is not had much effect on the
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market, still down 28 points. the price of oil down $64 a barrel. the next guest is morning higher oil prices could hurt the economy, automakers forward and fiat chrysler. peter morrici is here, ford and chrysler say they will get away from small cars going towards suvs and trucks. how is that a problem for america? why is that bad for america? >> it is a bet on the price of gasoline. history has shown is when gasoline gets $3 a gallon people start shifting back to smaller vehicles. it doesn't mean they will go down to a sonic or something but they could go to a camry or a focus or something of that nature and by taking those vehicles off the street and general motors is doing the
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same over the next three years they are leaving themselves no option as the price of gasoline goes down. the japanese are. if the price of gasoline gets up and there is good reason it could, leaving the market to the koreans and the japanese. stuart: that is a very limited impact on the ove american economy surely. >> if all of a sudden they can't sell a couple million vehicles a day, a year, that they used to sell that is quite a few jobs and it ripples done in terms of r&d and so forth. we have gone to a lot of trouble to save that industry and a lot of expense and not because it is insignificant but it is a significant driver of r&d in the united states and it would move to asia if these companies got in trouble again because they had the wrong size cars. stuart: the price of oil is $64 a barrel today and 70, approaching 80 not long ago, you still worried about high oil prices? >> do you think anyone can reasonably predict the way oil
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prices will go? there is a false sense of euphoria that because we have the show boom we are off the hook, we import 3.5 million barrels a day, $100 billion trade deficit, if the price of oil goes up it is a drag on the us economy. a lot of the shale producers are not making money, many are losing money, they are very patient bankers, patients could run out. if iran and venezuela go off the map or substantially go off the map in terms of international supplies because of sanctions and political entropy we can look higher pr it isn't clear the supply response in the united states will be as robust as many believe sibley because it is so costby shell. they face enormous resource constraint, finding the sand, fighting the water, finding the workers and so forth. stuart: you have made your case but i don't think it is very
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strong. >> would you but your fortune on the price of oil? that is what bill boyd just did. stuart: that is a good point. i will take that. peter, thanks for joining us, see you again real soon. i want to move on to the markets. amazon. can't believe this. amazon has hit another all-time high. our next guest thinks it could go higher. his name is john schulman of er shares, the invest in big companies, ranked number one by the wall street journal for its performance, this man on your screen is a long shot and you think amazon is going up 1684. >> last time oil prices hit $100 -- stuart: point taken. 1684, price-earnings ratio,
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don't buzz me because it is astronomical. you think it is going to go higher. >> we have to , 30% sales growth margins. margins in the past three years increased jobs, 400,000 people in the last three or four years. about 39% year to date. stuart: you think it can continue. >> i think it has continued opportunities. i will continue to own it. stuart: you voted for 10 years? why don't you retire? >> maybe my shareholders will. stuart: how i is it going? give me a timeframe. >> it is a stock i will
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continue to own, we see clear sailing, the same management team in place for one time, the same salary for the past ten years. stuart: i don't want any may bes. >> they are entrepreneurial company, we are in it. as long as the growth is in place, hold onto it. stuart: i have to ask about netflix. it has gone higher andps ing, 370 today and you say still going higher. stuart: last time it was 383. stuart: you didn't. >> it has gone up 83%, it is up in the last few years and going higher still. the profits of increased over 30% the last few years. they quadrupled the margins. this is a company that is growing revenue, growing jobs or americans and increasing margins by data.
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these are unusual companies. these companies, we have 100 on printer printer -- entrepreneur companies growing almost 1 million jobs for americans in the last three years and growing by 1% for small caps, 19%, 21% for large caps, this is unlike dow and s&p companies. stuart: i own a piece of microsoft. >> you told break. stuae is microsoft? >> i don't own that stock. stuart: thanks for joining us, great to see you. apple, another all-time high today, continues its chase toward trillion dollar valuation. apple reveals several new features for its operating system at the developers conference with one company the confronting head on, smart phone addiction. apple is making it easier for iphone users to keep track of how much time they spend using certain apps.
quote
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one of the new features allows you to set limits for your apps usage. you got to go to the phone. group face time is bei rolled out. you will be able to live chat with up to 32 people at once if that is what you really want to do. apple also announcing mean ems, your actu turnednto an animated face. they are going to do mi i am told, not necessarily now but soon. my face animated shortly. primary elections in eight state, alabama, mississippi, montana, new jersey, new mexico and south dakota and california. coming up, both republican candidates on the show this hour. travis allen, john cox.
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stuart: i went to get to the primaries and company, democrats, a lot of attention in orange county trying to flip congressional seats on held by democrats. henry von is in orange county with one of those democrat candidates. >> reporter: california is make or break for democrats. i'm here with harley who is trying to take on dana rohrbacher the incumbent in
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district 48. california does harimary system. how difficult is iing a mocrat running in the jungle primary? >> is crazy, 16 people on the ballot, a democrat, since republicans, when independent, free-for-all. >> reporter: are you worried about a lockout, not getting on the ballot in november? >> it is a bit of a concern but we ran a great campaign. i'm confident we will be one of the two folks who advance. stuart: i talked with rohrbacher, he says voters should be concerd about the outside cash democrats are pulling into this primary, they have given you $2 million and they have given a republican challenger $100,000 to boost their chances. do you think there is anything to what rohrbacher is saying, democrats are trying to influence and control the primary? >> both parties are putting a lot of money into this race. i hope dana rohrbacher agrees that we need to end citizens united. >> reporter: would you support nancy pelosi as speaker of the house if they are successful in taking the majority november? >> right now i'm just trying to be dana remarkable as we will cross that bridge when we get to it. >> reporter: polls have been
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(our. primary voting underway here. stuart: i would love to have known of your guest supports the gas tax repeal. thanks very much, good stuff, right in the middle of it. donald trump tweeting in tax high crime california be sure to get out and vote for republican john cox for governor. he will make a big difference. here is john cox. good to see you. >> great to be with you. election day, excited. stuart: i'm sure you are getting no sleep but answer this question. if you make it through to the big contest in november when you face gavin newsom, what are you going after him on? his policies or his past? >> i'm going after policy all the way. if you look in the dictionary under the word bay area elitist you see gavin newsom's picture. he is the definition of a guy putting business by a billionaire and already promised us he is going to
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raise our income tax, double the income tax, raise property taxes, fight to repeal the gas tax, i am the leader of the gas tax repeal, we filed almost 1 million signatures to get rid of this tax. gasoline in this state is over $4 a gallon and it is driving working people into poverty. we are going to repeal it, get this state affordable again and win this race in november. stuart: suppose you are in the top two. what happens to travis allen supporters? he is another republican, further down in the polls. can you get travis allen supporters into your camp if you are in the top two in november? >> i'm a solid conservative. the pres. has endorsed me. he has issued his third tweet. henows i am a businessman who tries to get results and i'm going to get results for california. i think mr. allen's supporters all want a better california.
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i am going to reach out to their supporters and moderate democrats and independents who can't afford a house, can't afford gasoline. stuart: that might be a problem, you reaching out to any democrats, you are known of having the support of donald trump. that is not going to go down well with any democrats. >> i think it will because of the fact the liberal democrats, the cronies who are selling this state to the special interests, gavin newsom is a walking talking special-interest. why are there 3 solid democratic opponents? they know gavin newsom will take this state over the liberal cliff holding hands with bernie sanders. thisnot going to work for california. working californians have been beaten into poverty by this democrat majority, ruined the schools, roads are horrible, we need to take back the state. we will. we will end a sanctuary state
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policy, repeal the gas tax, cut and eliminate the waste and corruption and mismanagement of the state. there's a big difference between me and my republican opponent. i have been in business 40 years, meet payrolls, budgets, i need to hire and fire employees and hold them accountable, my opponents only had a couple employees. it is important to have that experience of running the largest economy in the country and the fifth largest economy in the world. stuart: the polls are open and we get the results tomorrow and we will have travis allen later on the program today, thanks for joining us, appreciate it very much. i will put this in the you can't make this up file. bill clinton says he supports the women's rights movement, you will hear monica crowley's response to that, she is coming
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statement primaries today. you have some voters with you. what are the most interested in today? >> reporter: the thing that is fascinating, if you want to watch the midterms watch this district, if democrat want to take back the house they need the capital to win district like this one. pres. obama won here twice but donald trump won by 3 points. we have four candidates going up against incumbent republican, your audience knows rod blvying for the chance to do so and the state legislator and thomas, a former labor government official showed to be the top two candidates. quick questions for andy and mary, democrats are the story, these folks are voting in the primaries. i was just making the point, been a democratic district for years, then donald trump took
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it. i you glad it has gone the other way? >> it was an anomaly. it is same for the party to win three terms. it was a change election last election w i mystified why people chose that but this has districtdemocrat ing democratic i think the enthusiasm among democrats for the midterms is very strong. >> reporter: the interesting part, what are the democrats most interested in? one of the big issues? if you're going to win what will get it done for you? >> i think there are several big issues. climate change, education, transparency with the government, and -- >> reporter: your husband is trying to get a word in. you did well. that is the thing. democrats, this is a larger part, if they are going to win the house they need to win
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here. when we covered pennsylvania, district that had been for the democrats and gone republican, we will see if it goes the other way. stuart: the first time i have heard climate change brought up as a number one concern. i have not heard that before. you uncovered it for us. see you later in the day. connell mcshane in iowa. now this. the favorite story of the day, it is not, just interesting, new york man suing cbs for telling his wife about his viagra prescription because he says they violated privacy laws. what will judge andrew napolitano think of it? the markets are down, not that much, a quarter a 12:45%. more varney after this. ♪
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points. that's one quarter of 1%. president clinton telling nbc news he likes the "me too" movement calling it way overdue. he got kind of mad at a reporter when asked about monica lewinsky. >> you are giving one side and only one side. >> mr. president, i'm not trying to present aside. >> you asked me if i agreed. the answer is no i don't. do think president kennedy should have resigned? you think president johnson should have resigned? i dealt with this 20 years ago plus and the american people have stayed with me. >> a few hours after that interview he walked back his comments a little. roll tape. >> i got hot under the collar because of the way the questions were asked and i think what was lost with the two points that i made that are important to me. the suggestion was that i
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never apologized for what caused all the trouble for me 20 years ago. the first point is, i did. >> joining us now is monica fromhe london center policy and research. >> the # me too, how about for bill clinton # go away. this is a guy who is whole peona is locked into the 1990s. he has not changed one bit. he is clearly not learned anything and he still refuses to take any responsibility for cotitutional crisis in thea late 1990s because he could not control himself and his urges. >> i think he was caught by surprise at that question. >> we are in a major cultural moment called me too.
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if he walks into this interview not thinking he was going to get any of these questions, maybe he thought his got away with all of this and his wife has gotten away with buddy murder for 20 or 30 years so he could continue to wh it. lk into that interview thinking he wasn't going to get even a mild question. >> he thought he was just promoting a book. >> maybe he was prepared by his folks and he rejected their advice on how to handle it. either way, this man is over. he will never again have any major role in public life. >> does he or hillary no longer have any standing within the democrat party. they had a fundraiser here in new york about ten days ago. >> they have some. here's the problem. because were in this bigger context of me too sexual harassment, that context is now applied to the two of them. not only was he accused of rape, sexual assault,
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misconduct throughout his political career but mrs. clinton, throughout her career, has been in the position of defending him by attacking the women who accused bill clinton of these very acts. remember 2016 in her campaign, she had at least oneajor figure in her campaign accused of major sexual harassment and she kept him on board. not only does he have a lot to answer for still, so does she. >> okay. i know how you really feel. let mass a question about the future. that interview and the book to her by hillary were pr disasters. were they so bad they will now retreat from public life? >> never because neither one of them has any sense of shamer's dignity. it won't stop them but the democrats have to be the one to police the clintons. both of them are huge drags on
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this party. they are tiresome and they are creating. [inaudible] it will have a heckuva time going into november and 2020 and they will need fresh faces that have moved beyond this absurdity and pathetic behavior. >> take a deep breath monica. i do hope you'll come back on the program. >> of course, i love you dearly. >> a man in new york is suing cbs. cvs told his wife about his viagra prescription. they say they violated his priv law. what does the judge think about that. >> he also said it ruined his marriage but there were obviously other things going on in the marriage. >> yes, technically it did, the federal statute that requires this information be kept confidential says you
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can't share it with anybody in the pharmacist is liable even for an accidental sharing. that's one side of the argument for the other side of the jury's going to say usually d-and-wifere these things and usually the pharmacist would say by the way, i have the other prescriptions your husband dropped off here which is what happened in this case. i don't know where it goes. i really never heard of a lawsuit like this, but have but does protect them. >> privacy is in the headlines all over again. you have come to the view there is no privacy left. this is a privacy which is the sanctity of medical records. here's an interesting question. can the government get their hands in his medical records which markets a trick question. ther, they already have because they have access to the computer on which the medical records. >> but are they allowed to look in those computer
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records. >> the nsa looks reverent wants. would you have to get a warrant to look at some of these medical records. >> theoretically, yes. not physician records because the affordable care act gives hhs access to the laptops of primary care positions but prescription records, yes. >> so there's a difference between the privacy enjoyed between a doctor and patient and pharmacists and patient. >> only because of obamacare. prior to that privacy was the samend it w absute.youave et a warrant. >> i just find this fascinating. there is no privacy any longer. i'm sorry to say that i'm coming reluctantly to that view. i said here almost every day trying to defend the rights of privacy and it's eroding right before my eyes. >> i'm with you. i am increasingly with you
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which is astonishing. does the nasa health service. [inaudible] thank you. abc wants to reboot rosanne but without rosanne. an announcement could come this week. the show would most likely center around sarah gilbert's character and they still have to work out whether rosanne barr will get paid because she has a financial stake in the company behind the show. an update on the president's decision to cancel the eagles visit to the white house. fox news john roberts reports that the eagles originally submitted the names of more than 70 members who were going to attend. then on friday, the eagles asked for a rescheduling for next week. that's when the president is in singapore.
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then, just yesterday they said the only people who could attend were two or three players, thewners a the mascots. >> the mascot? >> no wonder the president said get o ofere, none of you are coming. an eagle mascot next to the president on the front lawn, come on. that's absurd. >> let me look at twitter. it's up about five and half percent. it will get into the s&p 500 index. when that happens lots of fund managers have to. the uk has cleared the purchase of sky. disney agreed to by parts of 21t century fox for $52. they are the parent companyf
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foxbusiness. we heard from california gubernatorial candidate john cox moments ago. next were joined by one of the other gop candidates, travis allen. it's a big day for california and as we like to say, we are all over it those we love is an act of mutuality. we can help with the financial ones. learn more or find an advisor at massmutual.com
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make boarding on their planes a little bit easier for you. in fact, customers have complained about headaches as they board. united airlines is trading down one and half percent. they're going to simplify from five categories down to two categories as you board. the stock has been a loser year-to-date down over 3% but overall satisfaction with airline travel has been on the rise. some of the things customers have complained about, entertainment options, food and beverage options, these are some of the services they would like to see improvement. as far as brands and what companies have done the best, alaska, delta, air canada and united as they rank in the latest jd power survey. happy travel.
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>> just weeks after the supreme court legalized sports betting will offer betting on all major sports and world cup soccer and premier league soccer in august. got it, good stuff. i want to get back to the california governor's race. very important. earlier i talked to john cox, republican candidate. listen to what he had to say about his republican rival travis i allen. rotate. >> there's a big difference between me and my republican opponent. i've been in business for 40
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years, i've had to meet payrolls, i've had to meet budgets, i have had to hire and fire employees and hold them accountable. my opponent has only had a couple employees. i think it's important to have that kind of experience when running the largest economy in the country and the fifth-largest in the world. >> right on your screen shor tra allen joins us now. he's on the phone. i'm sorry. he's not on your screen. travis, welcome to the show. good to hear you. >> thank you so much. you heard what john cox had to say about you. what's your response? >> john cox is laughable. number one he has lost every race he's ever run including president of the united states, even county clerk recorder. it's funny because he's bringing chicago politics to california. all this guy can do is copy my talking points and my slogan but now he's even lying about my business record. not only have i had dozens of
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employees we have run a very successful financial planning servic since 1996. >> you're going after each other on the day of the primary. i understand that. now tell me what are you going to do if you are the top two and you face-off against the democrat front runner gavin newsom in november. what will you attack him on? his policies or his past? >> so, it's both. so listen, the most important thing in this race for california governor is we need a conservative republican that actually voted for and supported donald trump to run california. we need a true conservative. i am known as the most conservative person in all of sacramento. i've been fighting this open border policy and soft on ime policy. this is exactly what we go after him on.
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he is the failed former mayor of san francisco. they have 20000 drug users on the street every single day. there's massive human waste in the city. little kids have to walk over hypodermic needle to get to elementary school. they will open up to legalized injection centers. the question is very simple. do californians want someone u'trust with your best friend's wife to run their state, and do you want your state to look like the streets of san francisco? the answer is not know, it's a resounding no. i will tell you right now we took back the country. 2018 is where we take back the state. >> regardless of who wins today, will the gop unite the hind one single republican candidate if that republican candidate is in the top two. can you unite a party after today's primary? >> absolutely. competition is a great thing.
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whoever the nominee is, everyone will support the republican nominee. i can vouch for myself. i've always voted for every republican. when it came down to donald trump, john cox as we all know, he voted for gary johnson. but, the bottom line is this. republicans will unite because what we need is a true leader that can be gavin newsom on the stage. i'll tell you very simply. there is only one person in this race that truly strikes fear into the heart of the california democrats. they called travis allen the greatest threat for a reason. they know that a southern california server who's going to guinness book of world record for writing the biggest surfboard that he's actually led a fight against the century state and, this is a guy that can be done. >> that is quite a claim to fame. we thank you very much for
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being with us. best of luck today and i'm sure will be talking again before november. travis allen. >> thank you so very much. by the way, the dow industrials are down 100 points but i'm going to show you the russell 2000 index which is actually hit an all-time high. the big-name companies in the dow on the downside and the smaller companies in the russell clearly on the upside. by the way, the nasdaq composite also hit another record high today. it's down just a fraction right now but earlier new high. there are continued calls for president trump to pardon matthew charle. he had served 21 years in prison on a drug charge but he was sent back to prison after he was released on a technicality. next were joined by matthew charles lawyer who was at the white house last week to work on federal prison reform. president trump has held a very hard line on drug dealers. more on that just a moment.
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remember we told you about matthew charles, now he had served 21 years in prison for dealing drugs. he was released in 2016 as part of a federal program meant to cut prison time for nonviolent offenders. the government appealed his release ordering him back to prison. that's where he is now. sean is his attorney and he joins us on "varney and company". president trump really does not like drug dealers. therefore, are you going to get his support to get matthew charles out? >> i think the president has spoken about his view of people who commit drug offenses should be punished harshly, but matthew charles has. he served 21 years, completely reformed and changed his life. he's one of the few federal prisoners i've ever heard of who spent 21 years in prison without getting in trouble one time. and then when he gets out, he's proved that he's earned a second chance because he gets a job, he starts a community with his church, starts a
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serious relationship with his girlfriend and most important, without any reason to do so, he volunteers every saturday at a food kitchen for the homeless. >> obviously he's a model guy since hiseleasendow he's back in jail, but i have to remind you that this probably has nothing to do with drugs. martha stewart pardons. nothing to do with drugs. another sentence commuted, nothing to do with drugs. we've got a problem i think because matthew charles, although he's a reformed guy, he was originally involved in drugs in the first place and the president doesn't like it. >> i also think the president will understand there is no reason to keep matthew charles in prison for ten more years but he served significant punishment 21 years in federal prison and now he is a model inmate. >> sean, have you heard anything from the president that would indicate there's a possibility of a pardon?
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>> from the white house, they know about his case and his unjust us and i should be clear, were not seeking a pardon. what were seeking is a commutation of his sentence. were merely asking the president to commute his sentence as time served and put him back with his community and back with his family that wants them back. thate is sympathetic to the cause. >> i think he will understand is no reason to continue to lock matthew charles up and that will make the public safer and that it's expensive and matthew charles has earned his right to a second chance. the president talked about second chances just a few weeks ago in the context of a federal prison reform bill where he said the united states needs to give people second chances and third chances. >> i just to che my fax. matthew charles is back in prison as we speak. is that correct. >> he is in county jail waiting to be transferred back
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to federal prison. >> and he could be there for another ten years. >> nine or ten years unless the president gets them back home to his family. >> thanks for joining us. we are very happy to have you. more "varney" after thi copd makes it hard to breathe. so to breathe better, i go with anoro. ♪ go your own way copd tries to say, "go this way." i say, "i'll go my own way, with anoro." ♪ go your own way once-daily anoro contains two medicines called bronchodilators that work together . . . .
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stuart: updating the president's decision to cancel the eagles visit to the white house, fox news john roberts, the eagan fells submitted more than 70 names of people who would attend. then on friday the eagles asked to reschedule it next week. that is when the president was in singapore. just yesterday they said, only people could attend were two or three players, openers and mascot. liz. liz: i thought the president should go ahead with higher principle and do it, dot event, but with the lack of people
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showing up. stuart: it is insul >> it is, to anyone to get an invite to white house, i'm sorry, no matter what you think. >>nly go or three players showing up and mascot. get out of here. good for the president. that is absolutely right. that is my opinion. neil cavuto. thanks very much. neil: we're following primary day. california, new jersey, alone, the democrats are looking to flip potentially up to 12 seats there, seven in california, five in new jersey. that would go a long way toward a 23 they would need to make the house of representatives go from republican column to the democratic column. it isn't so easy. it won't be so fast, that is why we're all over this tonight, beginning at 8:00 p.m., till whenever. but early signs are right now, people are turning out for this primary and across one state after another, including the oddity what is going
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