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tv   After the Bell  FOX Business  August 1, 2018 4:00pm-5:00pm EDT

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high and buying stuff that has traded off like intel. liz: okay, great to see you, kim forrest of fort pitt. apple buoies the nasdaq coming within 8 $1/2 billion of a trillion dollars market cap. tesla earnings next. melissa: new tariff fears hitting the dow. the blue chip index sinking today, down almost 80 points, but off the lows of the session. s&p 500 also in the red but the tech rebound is propelling the nasdaq into the green. i'm melissa francis. david: i think apple had a little to do with that. i'm david asman, more on "after the bell." here's what else we're covering for you, a very busy hour for you. tesla is gearing up for what could be its most important report in the history of the automaker. investors anxiously awaiting new details in the model 3 demand. how much more cash the company's burning through, and
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how the highly quotable ceo elon musk will respond to all of it? the numbers are coming out at any moment. we will bring them right to you. plus putting the squeeze on china. we're expecting an announcement on new tariffs from trump administration this hour. we're going to take you live to the white house for the latest on this and how china is vowing to retaliate? and a somber day, 65 years in the making, the remains what could be dozens of u.s. service members killed in the korean war now on their way back to u.s. soil. vice president mike pence awaiting their arrival in honolulu, this as there is disturbing new evidence that north korea could still be building ballistic missiles. very latest details on where things stand right now. melissa: back to the markets, the dow starting off the month in the red as the federal reserve keeps interest rates unchanged. adam shapiro on the floor of the new york stock exchange. reporter: you see where we closed the day, the dow down
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79. s&p 500 down almost 3 points, nasdaq up 35 points driven by the bank stocks. we had a high earlier this morning of 73 on the dow, but then we fell to a low, 136 points, recovered a little bit and what was moving the dow today? obviously, apple, up 6%. intel up 1.3% but laggards on the dow, weighed down by caterpillar and 3m down 2.4%. how can we not talk about apple, approaching the one trillion market capitalization. they had a great day and the report yesterday, 41.3 million iphones with the average sale price going up. that's the thing investors like to see. apple's market capitalization now about 991, $990 billion. one final thing, we touched 3% on the ten-year treasury yield, we pulled back before the close of trading, but we hit it and there you can see up, the yield
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was up to 2.99. back to you. melissa: thank you. david: big news from the white house during this hour. the trump administration expected to announce a new round of tariffs on $200 billion worth of chinese imports. fox business' edward lawrence. i know there is an embargo on this stuff, they wanted to wait until the markets were closed. what can you tell us? >> reporter: i can tell you the "wall street journal" is reporting $200 billion of goods will be tariffed at 25%. this is $25 billion worth of goods going to be tariffed at 10%. it is now tariffed at 25% according to the "wall street journal." waiting on official confirmation from the white house from the u.s. trade representatives office who deals with some of these investigations going forward. now china has not changed their practices. they have not protected intellectual property of companies. they have also not lowered tariffs. instead imposed retaliation
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tariffs on this. sarah sanders was asked about this this afternoon. listen. >> certainly, we'd like to see the playing field level. the president as both he and i think 15 members of his administration said repeatedly, we'd like to see the unfair trade practicing stop. until that happens, the president is going to hold their feet to the fire, put pressure on china and not sit back and allow american industries and american workers to be taken advantage of. reporter: and it's not just china. the president also after the eu and mexico and canada. the belief is by imposing the tariffs and increasing the tariffs, showing the world we're serious about changing the way that the trade is done with the united states. so he wants to get the president all of the countries to the table. the administration believes that the united states can weather this economic bump better than other countries, so they'll be forced to come to the table. david? david: edward, thank you very
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much. we're going to bring ed back as soon as we get official announcement from the white house. melissa? melissa: bring in today's panel, todd horowitz, and money map press chief investment strategist. thank you for joining us. keith, let me start with you, you know ed said it there that it seems like the u.s. could handle this sort of pressure better, even though tariffs aren't good for anybody and the other side would crumble first, what's your take on that? >> you know, it's a very, very dicey question. i spend an awful lot of time in china so i'm very familiar with industrial capacity, from a firsthand view, having put eyeballs on it. i think the president is right. that's accurate. the question is how much damage is he going to do to the american consumer in the meantime. we don't the answer to that yet. melissa: todd, the benefit to the american consumer would be tremendous, if it succeeded, if it fails, like you said, it's a problem. >> i don't think it hurts, i
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don't think you're going fail. he's doing the right thing. we're as strong as with be and they're as weak as can be, it's time to go after them and square everything up and get free trade and get rid of the government intervention and the quotas and everything else they do. this is the best course of action. i don't think there will be all that much damage to the economy, even if it lasts longer than it should. i believe they will come to the table, that will work it out. melissa: you are seeing in china's market, breaking news we want to bring to you, t-mobile reporting second quarter results. adam has the numbers. adam? reporter: i want to let you know orevenue a slight miss, 10.57 billion. on earnings per share, beat at 92 cents, street was expecting 87 cents. the net profit obviously $782 million. net cash flow up 14%, free cash flow up 61%. 774 million. and new subscribers, 1.6
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million, they netted up, net additions and outlook for the year, not giving guidance financially but saying that customer additions for the year, 2003 to 2.6 million. on the conference call, lot of questions about the sprint merger, $26 billion merger and creating a company that has 126 million subscribers, back to you. melissa: the president of t-mobile is joining us moments from now. you don't want to miss that. david: breaking news, tesla reporting second quarter results. let's go to kristina partsinevelos with the numbers. looks like it's going up after-hours. reporter: you are seeing revenue come in higher at $4 billion versus expected 3.92 billion. you are seeing earnings per share at a larger loss, a loss of $3.06 per share, higher than what was expected at $2.92. seeing it climb higher. why? because you have tesla saying they aim to be able to produce
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6,000 model 3 vehicles by late august. that's a huge jump. in the last seven days of the quarter, they hit the 5,000 mark, now going more. i don't know how many nights he has to sleep on the factory floor down there, but what we're seeing too is a total loss second quarter of 742.7 million dvment . that was a big concern, they did lay off staff within the last quarter, working overdrive to get the model 3 out. so as you're seeing on the screen and we'll have more shortly, a loss of $3.06 a share on 4 billion of revenue. david: as you can see, the stock has come down quite a bit. melissa: ridiculous. david: the word of the moment is erratic. the exact word when you are describing anything with tesla, particularly the ceo, melissa? melissa: todd and keith are back with us along with gary, automotive reporter.
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this is ludicrous, the loss was bigger than anticipated and the promise in the future they're going to produce more cars. that's something for investors to hang their hats on? >> the 6,000 was stated before. that is not new. the fact they came up short to earnings, selling less model s's and x's or making less model 3's than expected. i'd love to hear the hard number, if they built less than 20,000 model 3's, that would be a disappointment. melissa: todd, i feel like the magic show is almost over. >> you know, you sell at a bigger loss, you make it up with more volume. it's amazing. melissa: exactly. >> i love the car. don't think the company is going to be around. i think they're going to be in trouble. somebody will take them out for their technology. you can't lose money each and every quarter and go back for more bonds and have no more aid from taxes. melissa: that's the place, celt
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beautiful car to someone else. david: talking about cash, they have $2.2 billion of cash at the end of the second quarter. melissa: keith, what's your reaction to that number? >> this is like wimpy and popeye, i'll pay you thursday for a hamburger today. magic show analogy is absolutely correct. the problem with tesla in particular is we're one tweet away from musk doing something personally that damages the integrity of the company. he's been all over the map. that gives serious conditions, more so than any of the numbers, i think he's feeling the pressure of jaguar, 30 or 40 different types of cars, number of which are getting over 200 miles a gallon, all electric. melissa: kristina, more for us? >> i mentioned the 6,000 by the end of august, the other note is they plan to hit 10,000 per week. this is the goal as soon as possible. so that's one line coming out of this report. 10,000 per week. so literally double than what
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they have right now. they also stated they are seeing higher import duties on chinese components and unfavorable currency movements. going cause negative pressure us and mentioned the $2.2 billion in cash. think of how much they're spending right now. a report put out yesterday, they are flying in employees into fremont and giga factory just increased manpower. how much do you think that costs when you are flying employees it work at factory. melissa: they want to make 10,000 cars as soon as possible. i'd like to have $10,000 as soon as possible. i'd like to lose 5 pounds. give me your list of as soon as possibles. >> i'd like to see cars built really well, they aren't breaking down day one. little anecdotal. check atari stock today as well. elon musk tweeted out they're putting video games in the infotainment systems in the cars, that's the priority,
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making these more exciting for fans. melissa: that's great, playing games while driving. david: maybe gary can speak to this too, the team produced 7,000 model 3's, model s and model x vehicles in the last week of june. not having a breakdown of how many model s's they did. lumping it together. 7,000 various cars in the last week of june. i don't know how good that is or bad? >> it was 5,000, i want to know what's happened since then. the question is can they sustain that rate and get closer to the 6,000 mark and the 10,000 mark later in the year. without knowing that, we don't know where the company is at right now. melissa: beautiful car, great idea, great technology, they can't make money off it, they have to sell it for a reasonable price. guys, thank you. david? david: t-mobile shares down 1% after hours despite delivering best second quarter results, joining us is t-mobile
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president mike seifert. thank you very much for being here. >> of course, david. david: of course, we're looking at shares after-hours, after-hour shares? no, yes, it is. we're up now, i mentioned they were down. they reversed course, they are up almost 2%. i had to get that out. let me first talk with the general. america, i remember when i was growing up, one phone company, there was ma bell, and from that we have gone to what we now have about four big cellular phone companies. how might things change in the future? >> well, look, this announcement today was a demonstration that the market's in great shape. we delivered our best q2 ever today. the highest service reserves in history. the highest ebitda in history and took the rest times two on the post paid phone front. that industry structure that you're talking about includes the big mega cable companies of
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comcast and charter. david: it does indeed, but when you're looking forward to a merger with sprint, people say competition is good. more companies you have the better, if that number is reduced by one as a result of your merger, some people say, hey, maybe the consumer is going to end up on the short end of that stick? >> well, the reality is the biggest driver of competition on a market like ours is capacity. what we're doing with the new t-mobile is creating unprecedented network and get this, seven times the current capacity of sprint and t-mobile with. that unprecedented capacity, we're going to bring competition to at&t and verizon and comcast like they've never seen. david: what is the government specifically telling you, you have to do to make this merger work? >> well, it needs to be pro competitive and needs to be pro consumer, that's what we're confident it is. three months ago when we announced this deal, we said, look, we want to be able to make our case this is great for
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americans, and since then we've been hard at work. filed public interest statement, filed s-4 registration. met with every major group in government and wanted a chance to tell our story, and hopefully to open ears, and in the end, we remain very confident that the government will see the pro consumer and pro competitive aspects of the deal and grant it. david: how will the merger affect that? it will help the process of cord cutting, and if so, in what way? >> in a big way. this is going to be the first time that the entrenched cable companies and wireline companies have seen competition. we're entering the broadband market with the new t-mobile. going after 10 million homes and bring competition to home brb while strengthening competition in mobile. david: how it's affecting your business specifically, attempts to regulate the internet in the
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previous administration. this administration is much more hands off. how is that affecting your business? >> well, you know, the business is working in a good regulatory environment right now. one thing that's really helping us is tax reform. we were able to reiterate long-term, outstanding cash flow guidance of 46 to 48% over a multi-year period. in part due to the effects of tax reform. and in addition, the deal we're announced with $43 billion in potential synergies for shareholders is a beneficiary of tax reform. david: mike, congratulations on being the new president of t-mobile and congratulations on a good day. the stock is up about 1.5% after hours. appreciate you being here. >> it was a knockout quarter. thanks. absolutely, come back and see us again. melissa: democrats ramping up fight against supreme court nominee brett kavanaugh holding a rally this afternoon. what they're now demanding from the white house. david: american elections under
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threat, facebook uncovering sophisticated meddling. south dakota senator serves on the homeland committee. he's going to be joining us coming up. melissa: president trump firing off against his attorney general yet again on twitter calling on jeff sessions to end the mueller probe. a live update from the white house is next. ♪ ♪ i can do more to lower my a1c. because my body can still make its own insulin. and i take trulicity once a week to activate my body to release it, like it's supposed to. trulicity is not insulin. it comes in a once-weekly, truly easy-to-use pen. and it works 24/7. trulicity is an injection to improve blood sugar in adults with type 2 diabetes when used with diet and exercise. don't use it as the first medicine to treat diabetes, or if you have type 1 diabetes or diabetic ketoacidosis. don't take trulicity if you or your family
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. melissa: another look at tesla. the company there recovering a bit and climbing after hours despite a miss on second quarter results. elon musk expects to increase model 3 production to 6,000 per week in august in the next two quarters.
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we'll see. david: can't wait for the musk tweets coming along. sarah sanders tackling a list of issues from the presser this afternoon. a main talking point being the president's rhetoric on a possible shutdown in calls for attorney general jeff sessions to end the, quote, rigged witch-hunt. blake burman is live at the white house to break it all down for us and contentious at the moments. very contentious at the moments, blake? reporter: one of the few pressers in the last month or so, a lot of issues to get to, david. i asked the press secretary sarah sanders about the possibility of a government shutdown, some are questions within republican circles whether or not it is wise to potentially endorse a government shutdown that could happen before the november elections that are coming up. sanders telling me at this point, the white house is not worried about the timing, rather they are worried about the issues involved with it. the president wants to get his immigration principles passed. president did call into the rush limbaugh talk show this
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afternoon and reaffirmed that position. he said he feels this say political winner and acknowledged the complexities of the timing with all of this with the november elections three months away. >> well, if you do it before, there's a lot more pressure to get a great solution, but it's riskier. if you do it afterwards, there's less pressure, there's less risk. i'm not sure you make as good a deal. i will say a lot of good people, though, would ask me in the nicest of ways could we do it after the election. reporter: the president reigniting questions about the future of the special counsel's russia investigation tweeting -- the press secretary contending, though, that this was not a distinct order. >> it's not an order, it's the president's opinion, and it's ridiculous that all of the corruption and dishonesty
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that's gone on with the launching of the witch-hunt. the president has watched this process play out, but he also wants to see it come to an end as he stated many times, and we look forward to that happening. reporter: the president's outside legal counsel jay sekulow adding the president did not issue an order or directive to the department of justice. david? david: blake, thank you. melissa? melissa: here is fred barnes, weekly standard executive editor and fox news contributor. always good to see you. >> thank you. melissa: you heard the president talking to rush limbaugh, everything is about a negotiation, he made it very plain there. he said if i shut down the government before the election, i think i get a better deal than if i shut down the government after the election. what do you think of that calculation? >> i think he's overthinking it, but also he's not going to shut down the government. there's not going to be anything like that. they don't work. they've never worked.
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they don't work for republicans, especially, and we know now they don't work very well for democrats either. if you shut down the government, it's something that the voting public in america dislikes very strongly. melissa: that's why it's genius, he punishes both sides and everyone not working together right now. he's like guess what, i'm going to hurt all of you if we don't get together. i tell my kids if you don't stop fighting, sending everyone to their room, no one is getting dinner. same kind of thing. >> well, i know, but he'll be talked out of it by mitch mcconnell and other leaders in congress because, look, they've been there before he was and they know what happens when you have a serious shutdown. you get in trouble, you get blamed. people don't like it. why would do you. it doesn't make any difference whether it's before or after the midterm election. it's a simple fact.
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david: we hear you. >> what do you think about the sanctions announced with turkey and turkish officials with regard to the detention of that american pastor? >> i think that's what you have to do when turkey is doing something wrong and holding him, the pastor, over there, i don't know what they get out of it themselves, but they're going to get sanctions and that's the right thing to do and pretty much the only thing can you do. melissa: the president really feels like the border wall issue is something that fires people up and gets them to the ballot. i guess that's what his election proved. does it work in a midterm election as well? do you think that's part of what this back and forth is about? >> look, the president does want the wall. i think most americans -- i haven't seen polling on it, if i guess what most americans thing, but it's something that the president, i think, if he
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negotiated hard enough and gave democrats things they want, he could get the wall, but i don't think he wants to give them these things. melissa: well, there are things he offered before. he offered daca. offered all kinds of things and made it seem like there are so many various issues that both sides want, that's always the perfect setting for a negotiation because there are things that both sides want and things that both sides hate, so in theory, you could get it done unless the swamp really prefers to do nothing, and that's what it feels like at this point, nobody wants a deal. >> that's often the case, i've lived here my whole life and hasn't changed. melissa: very swampy. fred, thank you for coming on. appreciate your time. back to the swamp. fred, put on big boots so you don't get stuck. >> i've had boots for years. melissa: thank you. david: he knows how to slosh through the swamp there. twitter's in damage
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control, ceo jack dorsey responding to social media claims that they restrict conservative views. wait until you hear what he's saying about that next. new details about the trump administration's to up pressure with china. we're back at the white house with the details coming up next. i want to do with you. it's an emotional thing to watch your child grow up and especially get behind the wheel. i want to keep you know, stacking up the memories and the miles and the years. he's gonna get mine but i'm gonna get a new one! oh yeah! he's gonna get mine but i'm gonna get a new one! when it's time for your old chevy truck to become their new chevy truck, there's truck month. get 10 or 14 percent below msrp on 2018 silverado pickups when you finance with gm financial. plus, during truck month make no monthly payments for 90 days. find new roads at your local chevy dealer.
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. melissa: breaking news right now just coming to us from the white house on proposed tariffs on china. fox business' edward lawrence is back live with us at the white house. what did they say on the conference call? reporter: i can tell you this, the president has directed the u.s. trade representative to up the ante to impose possibly 25% tariffs on $200 billion worth of chinese goods. the original tariff on the $200 billion is supposed to be 10%. the president now doubling down upping the ante on that to 25%. these tariffs won't go into effect just yet. after the process is done,
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comments will be accepted until september 5th so the tariffs can not be imposed until september 5th. obviously giving china time to come to the table and try and negotiate some kind of deal. at the moment, there are no talk scheduled. national retail federation came out against this move. they said in a comment during a statement -- now this is an escalation against china because the administration has not seen china protect american intellectual property or lower tariffs. in fact china retaliated trying to target specifically farmers in the united states. there's a feeling within the administration that if they increase the tariff on a smaller number. 200 billion still a large number, but if they increase tariffs on a smaller number as opposed to the 500 billion the president could go to, it
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covers fewer products therefore less of an impact to u.s. consumers. could not go into effect until september 5th. back to you. melissa: interesting, thank you. david: met life reporting second quarter results. shares are higher after hours following a beat on earnings and revenue. the life insurance company citing solid expanse management all over the world and maintaining a strong free cash flow, but up a solid 1% after hours. melissa: working to block trump's supreme court pick, president trump, that is. democrats ramping up fight for kavanaugh's time working in the white house. north dakota senator john hoeven who met with president trump this afternoon joins us next. david: heading home, the remains of what is believed to be dozens of u.s. soldiers from the korean war making their way back to u.s. soil. >> these behave souls deserve nothing but our honor and
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. >> why did the president pick kavanaugh? he knows that kavanaugh more than any of the 25 will roll over the rule of law and get the president off the legal hook that he may well be on. we will not rest until brett kavanaugh is defeated and the american people win. david: see, he's a soothsayer,
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he knows these things, knows what's going to happen. senator chuck schumer and other democrats protesting the president's supreme court pick today, demanding access to all white house documents related to brett kavanaugh's time related to president george w. bush. they want his sixth grade report card. that's a joke. they want a lot of stuff. my next guest met with judge kavanaugh this afternoon. senator john hoeven from north dakota. quite a show. democrats clearly are going to lose on this one. there's no way, the only republican we're not 100% sure on is john mccain, we know there are several democrats from red states who are going vote for him, we assume they will. why is schumer wasting so much political capital on this? >> i think he feels he has to do that for his base. as you said, i think the republicans are on board and i think we'll get some democrats as well. i had a good meeting with judge kavanaugh, he's very, very
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impressive. david: you know, people, of course, the democrats saying far too conservative. justice antonin scalia was more conservative than he is. i knew a lot of his personal opinions on things and he was much more conservative, but look at this, back in '86, scalia won the vote by 98-0. my question is advise and consent. it clearly meant something different back then, what does advise and consent mean today? >> well, you know, that's a great point. this is clearly somebody who's qualified to serve on the supreme court, and that's why i believe he will be confirmed and it would be good if people looked at it in that context. he is an incredible body of work, he is qualified, and people should recognize that and support him, and that is, i guess, how it used to work, and again, how to should work and but regardless, he's -- i believe will be confirmed. david: i think as well.
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let me switch gears, facebook is a big story. apparently they were attacked and they believe probable they were attacked from the russians the same group of people who are trying get in, stir up trouble in america. is congress going to get involved in this at all or leave it up to facebook? >> i think it's both. the social platforms have to have more security, they have to be on top of it. you've seen facebook already announced they were going devote more resources to making sure that they had these protections in place, and at the same time, they should work with congress. we need to work with them to make sure they get it right, so the people can use these products and platforms, social media, with competence that privacy is respected and if you got somebody doing something they shouldn't be, that it's addressed. david: one of the things they were doing, this group of people, whoever they were, we assume they're russians for the moment, encouraging people to go and protest i.c.e. they were getting on the
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anti-i.c.e. bandwagon. interesting that that's where they would go to stir up trouble. >> well, i think, that again, regardless who the bad actors are, we have to make sure they're addressed, and again, some of it is to create dissention in our society, in our democracy. we're a free and open democracy, part of what makes our country so great. david: makes us vulnerable as well. >> right, we're an open society. david: oh, no, i'm all for that. they know how to take advantage. they know how to play jiu-jitsu, they use our strengths against us. i think that's what they're doing here. >> right. david: quickly on tariffs, word it's going to be another month before they pull the trigger on upping the ante with the chinese on more tariffs. what do you think about it? >> we need to get through. this larry kudlow is with us at lunch, we talked about it. clearly we've got to get the
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chinese to play fair, they are not only do they have tariffs but they don't obviously respect our copyright laws, patent laws and so forth. we have to get after them but we've got to get through this because of the uncertainty and difficulty it creates for economy, for businesses, farmers, ranchers, for consumers across the board. so, again, i hope that -- and i work on this on a regular basis, but we need to push back, but we need to bring it to resolution. david: that would be nice. senator john hoeven. thanks for being here, appreciate it. >> thank you, david. melissa: twitter ceo jack dorsey responding claims the conservative accounts restricting visibility and search results. here's what he told guy benson on fox news radio. listen. >> i think there's a few things happening. one, we shifted to a ranked time line two years ago. we started ranking based on what our algorithms believe that you will find more
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interesting, that you will find matter. it's based who you follow. it's based on who you engage with. not based on decisions that we make. david: a tough sell. melissa: i don't know about that. can you listen to the entire interview at 6:00 p.m. eastern time. guy will be joining us right here on "after the bell" tomorrow. you bet we'll be asking more about that, for sure. david: turning sand into gold. take a look inside a billion dollars business that two years ago was nothing but a worthless pile of sand. this is in texas. want to stay tuned for this. jardiance asked: when it comes to managing your type 2 diabetes, what matters to you? you got a1c, heart, diet, and exercise. slide 'em up or slide 'em down. so let's see. for most of you, it's lower a1c. but only a few of you are thinking about your heart. fact is, even though it helps to manage a1c, type 2 diabetes still increases your risk
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at crowne plaza, we know business travel isn't just business. there's this. a bit of this. why not? your hotel should make it easy to do all the things you do. which is what we do. crowne plaza. we're all business, mostly. . david: turning a once worthless pile of sand into a cash cow. one company shipping all of the sand to texas. oil drillers turning it into a multibillion-dollar business. connell mcshane is live in texas with the story. connell, think of how many people had a piece of this sand
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and never realized it was worth so much? reporter: exactly right. i don't know what melissa is laughing about. second of all, you are exactly right. if you look here. say you were out here a couple of years ago, you would see people riding around in dune buggies or what have you. this big sand dune that i'm standing on this was all worthless. oil boom took off and the companies moved. in take a look over to my left and your right. you see the plant that high crush put up. they opened up almost exactly a year ago. other companies, 10 or 12 others moved into the area, started to mine the sand and move it out for fracking as well. between them they moved 22 million tons of sand, experts think it may double or do more than that over the next couple of years. they put them on the trucks and drive it into the permian basin which is so cost effective. what they used to do years ago
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is ship the sand down from wisconsin have, to do it by rail. this has pretty much cut the cost in half doing it this way. great for the customers. tomorrow we're heading over to the permian basin, a great economic story. if anything it's a victim of its own success over there. they can't get the pipelines built fast enough. we talk about a growing economy, jobs are strong, few places in the country do you see a stronger labor market largely because of places like this. very, very interesting. david: great stuff, connell. i think you look terrific. pay no attention to melissa. reporter: thank you. melissa: another look at tesla shares climbing nearly 5% after hours, despite a mixed second quarter report. the automaker reporting a loss of $3.06 a share missing analysts' forecasts. burned through less cash than expected. company citing the rush of new model 3 sales helped alleviate
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pressure to sustain pressure as it targets a profit. david: good luck. the vice president touching down in hawaii. in a few hours, mike pence will receive the remains of fallen u.s. soldiers handed over by north korea. but there are new concerns that kim jong-un is not following through on all of his promises. the details coming next. fact is, every insurance company hopes you drive safely. but allstate actually helps you drive safely... with drivewise. it lets you know when you go too fast... ...and brake too hard. with feedback to help you drive safer. giving you the power to actually lower your cost. unfortunately, it can't do anything about that. now that you know the truth...
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. melissa: north korea keeping one of its promises to president trump. remains believed to be those of servicemembers killed in the korean war. they are on the way back to u.s. soil. landing in hawaii this evening where vice president mike pence will be receiving them. retired lieutenant colonel daniel davis is here with me now. sir, thank you for joining us. what's the historical significance of this?
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why does it snaert. >> well, it matters to us because every time that i've had any operations in the military, one of the standing things that we always say, no man gets left behind, and we will do everything it takes to bring back our honored dead, no matter how long it takes. we've been trying to get the remains left in north korea for decades now. for a long, long time. so i'm very pleased that the president has made this a centerpiece of his efforts in north korea and this appears to be the first installment of those and looking forward to getting that back and identify so more american families can finally get peace and reconciliation for what happened. melissa: when you look at north and south korea today and see the remains come back, it really reminds you what our soldiers were fighting for then and what we care about now. it's that freedom and democracy versus a government in the north that allows no freedom to
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the people, whether it's communism, whether it's this dictator, when you see north and south korea at night, you see the prosperity of south korea, you see what those people's lives are like versus what's going on in north korea. do you think it service as a reminder what all of this is about? >> it certainly does for the american people, and, again, going back to all the servicemembers and the family members, underscores the dedication they have to our freedom and to the defense of our nation and our prosperity into the future. because it's very important that nobody signs up to just give their life away for whatever cause someone may want. they give their lives or put them on the line because they care and love our country and love their fellow soldiers and do anything to defend them. david: yeah, what do you think of the progress that has been made or not been made so far between the president and between the leader of north korea. we're always hearing reports, the latest ones about missiles continuing to be built or
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plants that aren't being dismantled against the back drop of the remains coming back. how do you sort it all out? >> i think that we view too much what goes on in north korea like from the treetop level. flying over a helicopter and every little branch and twig, you want to make an examination and talk about it. i think we need to look at the 30,000-foot level. this is going to take time. it's never been realistic to consider this is going to be solved in the near term. you look back through decades all the way to the 1950s. that's the normal procedure for the way north korea does negotiations. make it look good, talk like they are going to be friends and things turn bad. there is no reason tong they're going to do anything different today. we have to have the understanding but recognize still we hold all the most important cards. melissa: let me ask you, there's a report now that iran has planned one of the drills where they swarm 100 small boats into the gulf, you know.
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how do you interpret that? a sign of aggression or response to how the president's been talking? >> no, this is unequivocally the actions of somebody who has no power to try and make it look like they have power. look, the boats could cause damage, no doubt about that, but in strategic terms, more like a nuisance. if the boats did anything, they would find themselvesied overwh because we would then attack all the ports from where they came and the iranians would be the biggest losers in that. but our navy is so strong and powerful, it goal. melissa: lieutenant colonel david daniels. thank you for your time, appreciate it. david: an employer is making up for a mistake she made decades ago. wait until you hear this. is is . it's a high-tech revolution in sleep. the new sleep number 360 smart bed. it intelligently senses your movement and
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back to be with family, or just to sleep in. strong chemo can put you at risk of serious infection. in a key study neulasta reduced the risk of infection from 17% to 1%, a 94% decrease. neulasta onpro is designed to deliver neulasta the day after chemo and is used by most patients today. neulasta is for certain cancer patients receiving strong chemotherapy. do not take neulasta if you're allergic to it or neupogen (filgrastim). an incomplete dose could increase infection risk. ruptured spleen, sometimes fatal as well as serious lung problems allergic reactions, kidney injuries and capillary leak syndrome have occurred. report abdominal or shoulder tip pain, trouble breathing or allergic reactions to your doctor right away. in patients with sickle cell disorders, serious, sometimes fatal crises can occur. the most common side effect is bone and muscle ache. ask your doctor about neulasta onpro. pay no more than $25 per dose with copay card.
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melissa: a former waitress is trying to make things right after stealing money from a restaurant more than 20 years ago. anonymously sending $1,000 in cash and a handwritten apology to the owner. david: the woman only identified herself as a thankful former employee, writing, quote: one of the waiters i worked with had encouraged me to forget to ring in a few drinks in a shift and pocket the cash, and for some stupid reason, that's what i did. i still carry great remorse, i am very sorry that i stole from you. please accept my apologies plus this money as a repayment plus 20 years of interest. that's what gets me, she not only sent back the money she stole, but she figured out the interest. it's a wonderful story of redemption, by the way, i love that. melissa: it is. you made the point before that it's never too late to a make good on something, never too late to go back and say you're sorry or to make it right. and here she is, it's sweet that she would carry around remorse for that for this long. david: good for her. a lesson to us all, as they say.
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[laughter] that does it for us, "evening edit" starts right now. >> the bottom line is the president's going to continue to hold china responsible for their unfair trade practices. this has gone on for long enough, and he's going to do something about it. elizabeth: president trump doubling down on the china trade fight by proposing a brand new tariff that would, is double what he originally demanded, 25%. that's a fight that's heating up. we've got the details. and we'll take you to iran. widespread protests against the mullahs breaking out after the president said he would talk to iran. iran now vowing action to possibly block the strait of hormuz. and turkey now responding to u.s. sanctions. we've got the latest there. also the president doubling down on a possible government shutdown saying it is a small price to pay

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