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tv   The Evening Edit  FOX Business  November 13, 2018 6:00pm-7:01pm EST

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in every single area it's going in there with that business mind and that entrepreneurial spirit and doing something a different way. and we can't continue to have interest payments balloon and pay more for the things we already goto bought. david: one thing missing inside the beltway is backbone. that does it for "bulls and bears." blake: amazon announcing it will open new new headquarters in new york and a virginia. republicans trying to flip a senate seat after democrats put an arizona seat in their win
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column. i'm blake berman in for elizabeth macdonald. "the evening edit" starts right now. the move so many have been waiting for. amazon announcing them open two new headquarters. one in new york city and the other in northern virginia. >> this was a long awaited decision. the company choosing long side city in queens, new york and crystal city in arlington, virginia. these locations chose after a years long public contest. amazon saying it's going to be investing $5 billion across the two new areas. it will also be creating an
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operations center in nashville with 5,000 jobs. the e-commerce giant said it wanted to tree cute enough of the best tech talent. as part of the contract between amazon and the two cities, they are required to assist amazon in obtaining federal approval to create heliing pads. some locals from some local cities who didn't get the nod seemed relieved. locals in seattle complain about skyrocketing rents and prolonged construction and credit locked. and others felt burned because local officials released so much data about their communities to the tech giant.
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amazon still up 40% year to date. s. and p500 -- s & p 500 still up 5%. blake: women and money is this friday at 9:30 eastern on the fox business network. amazon says this is a winner. virginia stand to receive $3.2 billion in tax revenue over the next 20 years with workers averaging over $150,000 a year. virginia will give amazon $573 million in breaks. $550 million a cash front and. and money from a long on for infrastructure projects. an average salary of $150,000.
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new york will give $1.525 billion in performance. that's and refundable tax credit and a cash grant for buildings being occupied the next 10 years so long as they hit those targets. not everyone is thrilled with this. the ceo of the national housing conference joins us in studio. when you talk about 25,000 jobs in each one of these major cities, each person getting $150,000 in salary. some people would say what's wrong with that? >> there is nothing wrong with that. but the trick is it needs to stay great news. the problem we have to deal with, when you put that's people into a community into a community over a short period of time you will see housing prices go up for renters and home buyers. if the amazon employees can't
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afford to buy ando -- and rent in this communities they will have the same problem they had in seattle. blake: how many do you expect in this greater washington area and new york city to suddenly show up there needing a place to live? >> it could be a lot. it's also having an impact on pricing. you are seeing condos on the market a few weeks ago not getting much action being bid up today. the same thing will be the case in a longer time frame with rental properties. we want to make sure the development doesn't lead to dislocation. we want people who live in these community to be able to benefit from the new investment. blake: you bring up seattle. house there have skyrocketed. washington, d.c. has been one of the more stable markets.
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when it booms, it doesn't boom that much, when it busts, it doesn't bust that much. do you think this area in virginia could be seattle. >> we will we don't do it right. we have to make sure we have housing for all incomes because it's all connected. when housing prices are too high to buy, people rent. if puff more people renting, rents will go up. in seattle you've normously high housing prices and homelessness has doubled. blake: when you talk about seattle or d.c., northern virginia, maryland, new york, you are talking out east on to long island. how far does this span even though the headquarters will be in a handful of places. >> when i bought my first house
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i bought 20 miles outside the city so i could afford it. i think it will have and i impact everywhere in the area. blake: i guess this is day one of a long process moving forward. the newly elected democratic congresswoman alexandria ocasio-cortez says the $1.5 billion tax break in long island isn't worth it. she said amazon is a billion dollar company. the idea it will receive hundreds of millions in tax breaks at a time when our subway is crumbling and our neighborhoods need more investments, not less, is extremely concerning to residents here. ned, does the congresswoman elect have a point? >> i have got to tell you, blake. i was reminded look at those
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tweets. back in the date occupy movement and tea party movement agreed on one thing, how much we loatd and despised corporate cronyism. when you see amazon getting multi-billion dollar tax breaks, my libertarian streak doesn't sit well with me. as deirdre mentioned, the 238 cities and regions in north america, they gave amazon all their future infrastructure plans and land use plans, the incredible amount of data amazon has now, i am stunned. blake: do you think this was a bidding process or do you think at the end of the day, jeff bezos said new york and d.c.,
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the financial and political capitals. >> those cities can get their data back. they should have negotiated to get their data back. if you don't give a million dollars or close to a billion dollars in breaks for companies they will go elsewhere. to give the term the art of the deal. they will get a billion in tax breaks and invest $5 billion or more in crystal city. and we'll have transportation upgrades, housing developments, airport upgrades, and in crystal city it will be a tremendous draw point, not on for other companies that could do the same at a smaller level. but the 25,000 jobs at $150,000 a pop, this isn't a transformational boom for just crystal city in northern
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virginia. this is a region. so maryland and dc are celebrating this. if it's a housing issue, to do it right. we have stable markets. 60% of the people in d.c. on a daily basis live in virginia or maryland. we have a wide swath of ability to house $25 million or more. blake: how can you argue against 150,000 -- 50,000 jobs at $150,000 a pop. >> d.c. has one of the worst traffic problems. we literally have a website to see if our metro is on fire on a given day. >> that was back a year or two. blake: the metro in d.c., six
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stations closed next summer. we'll see what happens. fox business has reached out multiple times for the congresswoman elect alexandria ocasio-cortez to discuss amazon. she has yet to the respond our request. facebook in the cross-hairs as the billionaire mark zuckerberg declining to appear before an international grand committee investigating the tech giant for election meddling. president trump: we mourn the lives of those lost and pray for the victims. and there are more victims than anybody would ever even think
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possible.
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>> the whole town is devastated. i had family up here in the past. everything is gone. the whole town is devastated. blake: the death toll climbing to 44.
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more than 200 people unaccounted for. president approving a major disaster' declaration for that state. >> things have improved in northern california. but southern california is still in rough shape. you are stretching from san diego back up to l.a. some of the fires have been hopping up north of los angeles. we have wind advisories throughout this entire region. but it will start to back down. these are in place until 5:00 p.m., pacific time which gives us an hour and 45 minutes. some of our current wind speeds getting into the tiens an -- the
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teens and 20s. the winds do not stop and this doesn't mean it's over. it just means they have calmed down from 70-mile-an-hour winds. typically we were seeing some getting tine the purple -- getting into the purple shades. closer to 15 to 20 to 30-mile-an-hour winds which is a big step down for wednesday. if there is any problem left, it's unfortunate that things are so dry even though the 20-30-mile-an-hour winds may still be a problem. you start to see these brown colors like 10 pe --% humidity, it's bone dry in california. blake: any rain in the forecast the next few days. adam: some rain up in the
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pacific northwest but nothing that will reach california. blake: joining me is the agoura hills mayor. thank you for joining us. agoura hills. you have got the 101 freeway that cuts through california, you have got thousand oaks and westlake village on one side, calabasas on the other. you are in the middle there. the conditions you are seeing in your community are what? >> they have improved greatly the last day to day and a half. the north side of the u.s.101 free way is open. and one of our main arteries other than the 101, agoura road has opened. the out side of the freeway in the area of liberty canyon where the fire jumped the u.s.101 on
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friday morning is still closed. >> i was read being your community earlier today and how you are helping out the firefighters there, giving them free meals, trying to do whatever you can to be an asset as they are battling one fire after the next, hour after hour. the stories of humanity always shine through when we have natural disasters like this. tell me what you are trying to do at this hour to help those battling these fires. >> i'm very, very proud of the citizens of our community. it stepped up and embraced the first responders both fire and police services. other night i stopped in at fire station 89 in the heart of abowerra hills and talked to the firefighters as to what their experiences were out on the line, in the communities, and every single one of them were
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praising the citizens. the people bringing them food, kind word. anything they could do to try to assist. try to stay out of the way of the firefighters. they were all extremely impressed by the outpouring of love. in other words, for the first responders. >> you obviously can't control the weather. beyond that what do you need most of? >> rain would be number one. but we need the cooperation of the citizenned to be vigilant in watching the conditions because they change based upon wind and wind direction. there are instances where what we call pop-ups have occurred where embers will be redisturbed and will cause another fire incident. we want to make certain that we
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become aware of those right away so the fire department can extinguish them so they don't grow. blake: thank you for joining us this evening. best of luck with everything out there. we'll be right back. if you're 65 or older, even if you're healthy,
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blake: oil tumbling 7% today and take the energy sector down with it. 20 stocks in the sector traded down. it was the biggest sell-off after three years after president trump called on opec to not cut output. one senate seat flipped in arizona while another remains under recount. phil keating is live in
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lauderhill, florida. the recount deadline is looming for the senate and gosms mansion. reporter: new lawsuits continue to fly, and a dramatic courtroom ruling by a circuit judge giving palm beach county five extra days to complete machine recount. senator bill nelson's campaign filed a lawsuit in federal court to have the deadline voided so every legal vote gets counted and recounted period. deadline or not. senator nelson trails senator scott by 12,000 votes. looking live inside the recount room. broward county today completed recounting and tabulating all 300,000 of the early votes. officials say they are ahead of schedule and confident they will meet the looming deadline.
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beleaguered superintendent of elections brenda snipes spoke briefly. there has bench criticism of her office. calls for her to resign, and she indicated that could happen once this recount is over. senator nelson joined senator schumer in washington. >> this process is about one thing, making sure that every legal ballot is counted and protecting the right of every floridian to participate in our democracy. sadly, it's become clear that my opponent isn't interested in making sure that every lawful vote is counted. reporter: president trump still jumping into the florida fray. when will bill nelson concede in
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florida. several counties have already completed their machine recounts. they will make that thursday afternoon deadline. palm beach, miami-dade and broward county, the counting and recounting continues 24 hours a day. blake: in arizona where krysten sinema defeated martha mcsally, flipping a seat that has been in republican hands for 24 years. she was there for a senate orientation, and senate minority leader chuck schumer tweeted a picture with krysten sinema,
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women of the west, krysten sinema from arizona, and jackie rosen from nevada. as the votes continue to be counted, the associated press projected sinema as the winner as she pulled ahead in the tally. >> arizona rejected what has become far too common in our country, name calling, petty personal attacks, and doing whatever it takes just to get elected. it's dangerous. and it lessens who we are as a country. reporter: martha mcsally tweeted a concession video after calling her opponent to offer congratulations. >> i want to thank everybody who supported me in my campaign.
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i'm so grateful for you. my wingmen in my journey. i'm so thaw for you. reporter: mcsally lost maricopa county, a traditional republican stronghold. demographics are change. but she also aligned herself with the president and his hard line on immigration. people voting here said their number one issue was healthcare. blake: u.s.-china trade talks revised. lawmakers from five countries pressuring mark zuckerberg to testify. why the ceo has other plans.
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blake: the "wall street journal" says, lucky is out at facebook'' and "wall street journal" says it was probably over his conservative views. >> i think it's dangerous where we see it going in the tech industry. where you are seeing the polarization between political parties making people disagree on things that should be bipartisan. people should agree national security is important. but it's becoming for many people some kind of partisan issue.
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>> his new venture is using technology top help police the u.s. borderers. he made a controversial comment in regards to google and his employees petitioning to pull a contract with the pentagon. >> it's worth noting that google is a very large percentage of google employees are not' u.s. citizens. a large number of people who signed that petition saying don't work with the u.s. military, they aren't u.s. citizens. palmer came up to me to clarify his statements. he said what he's trying to say is it's not surprising somebody who doesn't live in the u.s. and isn't a u.s. citizen probably doesn't want u.s. to have the best technology. that didn't alleviate the criticism on twitter.
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i will take one for the team in laguna beach. but next time it's on you. blake: i know you love new york. but laguna beach, it doesn't look bad. reporter: no, not at all. susan li, thank you. the facebook founder and ceo mark zuckerberg declining an invitation to appear before an international grand committee on election fraud meddling. let's take it up with our panel. thanks for being here. wendy, let's start with you. mark zuckerberg, facebook. other governments want him to show up and defendantify. facebook is saying they can't go all the way around the world to do this.
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>> time and time again facebook is under the radar for doing things people are starting to question. they found russian bots where they are trying to propel different times of narratives. i had a post where i was talking about white supremacy. facebook and instagram took down the post. they need to decide what is bad language and what is good language. >> zuckerberg has no interest in' attending this confab because he doesn't want to give them any more ammo to go after data breaches. essentially the u.s. regulators, the fcc, the doj anti-trust division is looking at how the rest of the world is reacting to
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facebook. blake: there will be a different makeup on capitol hill in a couple months. we saw republicans want to hear from mark zuckerberg and jack dorsey and hear from the tech communities. what do you expect democrats to do now that they have the ability to potentially call these folks up to the hill. >> i think they will put a tighter foot on his neck. we know 2020 is coming up. both parties have a lot to lose. a lot of people find their information, studies found 70% of millenials finds third information from facebook. >> 68% of u.s. adults, 50% get their news from it. i don't think there is the appetite on capitol hill. we just don't have the media outrage yet and the folks on the same page and understanding. when it comes to big tech, this
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is worse than the cia. how you vote, whether or not you recognize it. >> this is the reality, whether there is outrage or not. democrats will have control as to whether they will come up or not. >> there is outrage. it's selective. it's not where it is in the e.u. and the rest of the world. are we going to get some sort of legislation to hold these folks in check? i don't believe that at this moment. >> we can if it starts working where it hurts their pockets. right now there are no checks and balances. if he does this, what is there 0 to say. >> my concern is i'm not big on regulation. i think big tech is over its skis. the only question is how we are going to do it. my guys still control the united states senate. donald trump doesn't have it out for facebook, he has it out for
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amazon. blake: and overregulation. the balance the administration is dealing with on this. they say pull off regulation, but then many republicans are saying we need to look at regulations in this industry. >> the question here. when i look at u.s. regulators. what i look at, look at what the e.u. is doing saying how do i get a narrowly taylors bill so i don't hurt u.s. companies and keep them in check. >> we are so focused on hurting business. we heed to make sure whatever information is sent out into the stratosphere, it's not hurting the american people. >> i agree, the upon question is how. blake: we just talked about facebook, we didn't mention twitter, google and the rest. coming up, china, tariffs and trade back in the focus at the white house.
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blake: larry kudlow saying the
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dialogue between the united states and china on trade is improving as they discuss potential tariffs on european automakers. >> economic advisors say the u.s. has been specific about what we need to change in terms of the trade relationship. the chinese vice premiere will come washington quote soon to talk to treasury secretary steve mnuchin. he canceled his planned trip. white house advisors had a meeting on trade. it was expected that auto tariffs also came up. >> we are communicating at all levels. we are working on background materials preparation. we are waiting for china to come back with some thoughts, and the process is ongoing. >> the u.s. wants to protect intellectual property and increase market access.
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the chinese are trying to head off the 25% tariff. $150 billion of chinese goods are already under a 25% tariff. we are the chinese's largest customer. they are creating a supply change move to mexico. last week the white house staff circulated a draft on auto tariffs that would be up to 25% on you a toes and auto parts. though canada worked out an exemption deal. but the auto parts does affect china. they produce a lot of parts that come into this country. that could be a further blow if the tariffs go into effect.
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larry kudlow also doubled down on president trump's use of the term nationalist. he hit back at he me -- at emmal macron. let's bring in christopher bedford. there was bromance last year, and now not really? >> not so many. you can tell when somebody leaves your dinner party and is tweeting about how horrible you are all the way home that things didn't go well. nationalism has been largely blamed for a lot of the foolishness that happened at the beginning of world war i. the lesson you draw from that is not that you don't stand up for your country if you are the
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elected leader of your country. that's where they will hit back on each other. blake: a tweet from president trump web said quote the problem is manuel suffers from a low approval ratings. he was just trying to get on to another subject. by the way, there is no country more nationalist than france. very proud people and rightfully so. he goes on to say make france great again. >> i wasn't there. as i understand it, i will just say there were pluses and minuses. >> how much of this is the fact that the barbs are not happening face to face it's happening when they are quite literally a country and ocean apart? are they all just popping off
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with each other? >> the president has a good point in that the united states is constantly the subject of criticism whether it's civil rights or racism or nationalism, and in reality europe has a negative history of all those things going on within their borders. france in particular suffering big issues between the catholic church and the migrants that have come in and accepted by france. president trump works so hard with personal relationships and deals so quickly with people who attack him in public. but he also seems to be quick to forgive. look at him and his relationship with ted cruz. i wouldn't read too strong into this fight. blake: we began with china trade. things are appearing to open up. you talk to people at the white house there they say the
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conversation the president had with president xi made things move along the process. do you anticipate anything that happened at the g20? or are there too many structural hurdles to cross. >> i expect some kind diplomacy, but i don't see a massive deal coming too quickly. president trump, one of his longest publicly held public opinions is the united states is getting screwed on trade. he criticized presidents bush, clinton and obama. right now china's commission reeling and the united states economy is heading upward. so he's not getting a lot of incentive to not demand more from china. it will be difficult because china knows they can wait him out. blake: the president has 2019
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and 2020. is this a long runway at some point? >> i think it's a longer runway to get to a solid framework where the united states and china might have a foundation they can move off of. but i would expect concessions long before that. the president knows it's a tool he can wield effectively against foreign countries. blake: president trump says the europeans should pay their fair share for the fence it wasn't just macron. now germ numbers chancellor says maybe they will just create their own european army. the details next.
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blake: president trump may have raised a few eyebrows when he called out europe for what he says is their refusal to pay their fair for defense. angela merkel, from germany, saying what we should do, this important, we have to work on a vision of one day creating a real true european army. steve yates is joining us in studio. >> my pleasure. blake: what do you make of that. >> an idea that history has heard before, leave aside
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historical irony, this is just an anti-american swipe, a major leader of europe, trailing off in merkel and one in macron in france trying not to trail off, president trump has not been shy about giving a jab here or there about their standing on defense issues, pressuring them it pay up on nato. so, i don't take it as a serious step by german, this leaves an old divide between what was old and new europe, about their posture toward russia and pay for their own defense. blake: considering an gale merkel has a few years left, saw macron holding on attack about jabbing, where would you aim the jab? germany, france or elsewhere. many people say why jab them, they are our am lies. >> they need to get prodded every once in a while, some
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people in country' economic growth like united states. and they might' their country to be more serious about their own defense, they face a lot of common challenges with us, president has been right to say, pay up for nato or what? blake: tweet today, president again calling out macron. >> macron suggests building its own army to protect europe again u.s., china and russia, but germany in world wars one and two, how did that work out for france. pay for nato, or not the end of the day, the last part is what he getting at? he's them to pay more and be clear not like nato itself has a budget to cut a check. it is individual country have to spend but is that what president really wants. >> it is one of the fundamental blanks he campaigned on.
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if these leaders were serious about national security, they would not fry to try to inmine sanctions aimed at iran. they would do a little bit more. we're not having a real conversation about major geo strategic issues of our time, that is why it is more pa leamic. i be can a by guilty of enjoying snark in tweet. blake: there will be a huge summit, g20 in argentina. briefly, as xi jinping of china, and vladimir putin, what are you expecting out of that. >> super important for those relationship to continue, i do not expect major stea strategic development. blake: anything with trade? >> talk about trade, but too short notice, and with our politics ramping into reelection, i have low expectations. blake: goal of putin. >> keep that dialogue going on
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middle east an balances china. blake: that does it for us, thank you for joining us. and thank you for watching fox business network, hopefully liz mack donald is back tomorrow, lou dobbs is next stay with us. lou: good evening, our top stories california raging wildfires, wildfire in northern part of the state is now deadliest in california history. 42 people confirmed dead, over 200 are missing. thousands of firefighters working around the clock battling the blazes that are still only 30% contained, president trump offered his condolences as well as whatever federal aid is necessary for victims of the wildfires. >> we mourn the lives of voice lost, we pray for the victims. and there are more

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