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tv   FBN AM  FOX Business  January 30, 2019 5:00am-6:00am EST

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prosecutor sidney powell. i hope you will join us. thanks for being with us tonight. good night from new york. you saw growth across wearables, across some of the macs, across ipads had definitely spots of strength. but at the end of the day it's an iphone story. that's why right now service continues to be the silver lining and the key evaluation going forward. lauren: apple stock is rallying big after it shows there's battery life in the iphone. cheryl: more than 5% pop on the stock. facebook one of those tech companies reports today, seems they're not too concerned about privacy problems after a shocking report reveals the company paid teenagers to spy on their phones. lauren: also shocking, it's so
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cold in one indiana city that officials there are asking criminals to hold off on illegal activities until it warms up outside. we'll have the latest on the deep freeze that has parts of the country colder than an antarctica and the north pole. cheryl.cheryl: futures, a nicen your wednesday morning. right now, dow is up 75, s&p is up 7, nasdaq is up 52 and-a-half. laurenand-a-half. lauren: european stocks, mixed performance, ftse is up almost 1%, dax is down a quarter of 1%. cheryl: stocks in asia, the hang seng and kospi posting gains. "fbn: a.m." starts right now. [ laughter ] ilauren: it is 5:01 in new yor.
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it's wednesday, january 30th. i'm lauren simonetti. cheryl: i'm cheryl casone. a relief rally and a lot of relief for apple investors. the company's earnings report last night, better than expected. ceo tim cook warned of weakness in china and the all-important holiday quarter. lauren: investors are focusing on a significant jump in revenue from apple's services unit. here's ceo tim cook on the conference call. >> in fact, services revenues set an all-time record of $10.9 billion in the december quarter, growing 19%. lauren: joining us now is the founder and chief analyst of disruptive tech research. apple is clearly a company in transition. is it working? you saw the service revenue as particular cook just said,
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almost $11 billion. gross margin of 62.8%. so is the transition working? >> yes, definitively it's working and a big sigh of relief as you mentioned because there's going to be life after the iphone. tim cook really put fears to rest on this conference call. we gave him a lot of grief for refusing to continue providing unit sales for the iphone. but the company did provide two key metrics. you mentioned one which was the services gross margin at an impressive 62.5%, i believe, almost 63%. they also revealed how many iphones are in use worldwide. it's a staggering 900 million. that is the core of apple's future, is trying to deliver services to that loyal customer base that continues to grow. lauren: and we're hearing that they might get into tv streaming this fall, gaming -- this spring actually for streaming. are you positive about anything new coming out of apple that would rev consumers and invot vs
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up? -- investors up? >> gaming, streaming, a.r. is on the horizon, sometime probably in 2020. i think that's the big question mark, for the stock to head materially higher this year, apple will have to introduce new products that get people excited or new services. lauren: apple stock is up 5.2% right now in the premarket. facebook stock is up 10% in the month of january as it draws to a close. what do you make and what do you expect to hear from facebook today with this -- i know it was killed last year, particularly in december. it's up 10% right now. is this a good time to buy facebook, in light of all the controversy? >> absolutely not. i'd say wait until the second half of the year. facebook is like the toddler you have to put in time out for repeating the same thing. how many times does the company have to violate user privacy and stop doing it? tech crunch releasing the scathing piece about the facebook research app on the eve
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of their earnings report. i think the key number to focus on here is revenue. facebook is having to spend more to police the platform, at the same time that user growth is declining or decelerating. if they missed on the revenue number on the top line, i think analysts are expecting $16.4 billion, i think the stock could go lower before it thinks about going higher. lauren: there's the facebook news. we're getting tesla, microsoft, pay pal and at&t later today. lou, thank you very much. cheryl: we are getting this morning earnings from some other big names before the bell. mcdonald's is coming out, as lauren was just saying, that's a dow component. that's going to be big. we're going to at&t. investors will listen to what at&t plans to do with direct tv which they acquired in 2015. direct tv lost nearly 1.5 million customers as netflix and other streaming services have gained more popularity and talk about tesla, they're going
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to release their latest quarterly results after the bell. we'll have at&t's numbers and results from mcdonald's and boeing with "mornings with maria." lauren: the united states made a request to can disa to extra -- to canada to extradite the ceo of huawei. they have until march 1st to decide whether to move forward with the extradition order. cheryl: we're going to get the latest on huawei and the start of u.s.-china trade talks today with edward lawrence. >> reporter: good morning, lauren and cheryl. the chinese have been talking tough about the charges and u.s. allegations against huawei but stopped short of saying it will make an impact on the trait thee talks. when asked if it will be brought up in negotiations, a spokesperson for the chinese foreign medicine say they hope
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they will work in the same direction for a mul mutually acceptable solution. china i upset by the indictment, showing a pattern of huawei breaking u.s. sanctions, lying and stealing t mow bill's robot that -- t mo t-mobile's robot tt tests cell phones. >> in the past, u.s. mobileized state power to discredit and suppress chinese enterprises, and there's very strong political intention and manipulation behind it. >> reporter: this will complicate the trade talks even if the chinese don't bring it up. the united states delegation led by robert lighthizer remained clear about what the u.s. needs. steven mnuchin will also be in the room later this morning. >> the president wants fair trade with china. it's got to be reciprocal.
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right now, china has free access into our markets and we have limited access to theirs. so the critical issues that we talked about is market access, making sure there aren't forced joint ventures, not forced transfer of technology and that we have a mechanism that when we reach an agreement that we can monitor this agreement and that they'll live up to it. >> reporter: two days of talks start today. the chinese want to avoid the tariffs of $200 billion r worth of chinese good going from 10% to 25% on march 1st. back to you. lauren: 29 days away. venezuela now, opposition leader juan guaido in an interview with trish regan says he hopes the transition to democracy there happens as soon as possible. >> democracy for the region is crucial. this is very clear to president trump. this is the last chapter of change, the last chapter of a nightmare for many citizens that were forced to migrate, that were forced to leave their
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country, so we're waking up from that nightmare and we're waking up to dream, dream and a prosperous -- lauren: he's looking to ratchet up pressure on nicolas maduro with nationwide walkouts today. the u.s. state department raising the travel add advisoryr venezuela to the highest level, telling americans not to travel to the country. cheryl: the midwest is bracing for one of the coldest days on record, colder than an antarctica. a polar vortex is closing schools, delaying or cancelling thousands of flights. the postal service suspended mail delivery in 11 states. much wind chills in minnesota could drop to 70 below. emergencies have been declared in michigan, wisconsin, illinois. officials are calling the weather life-threatening. in indiana, noblesville police are warning criminals to stay indoors. they were joking on facebook.
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we'll have a lot more on the deep freeze coming up. lauren: you have to be a committed criminal if you're going out in this weather. lou just said don't touch facebook stock. this could be why. the company is paying teenagers and adults to let them spy on their phones. cheryl: it sounds pretty crummy. tracee carrasco will explain what is behind this big headline. good morning, tracee. tracee: according to an investigation, facebook has been secretly paying people to install a facebook research app that lets you keep track of a user's phone and web activity. since 2006, facebook has been paying users ages 13 to 35, $20 in gift cards per month plus referral fees to sell their privacy by installing the app. facebook said the app will no longer be available on ios but will still be available for android users. lauren: we await the earnings report. massive recall of chicken
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nuggets. tracee: perdue foods recalling more than 16,000 pounds of chicken nuggets after a potentially serious labeling error. a retailer notified per due that the label on the back of the nuggets fails to mention that the product contains milk which is aniler je an allergen for . retailers in washington, d.c. and 13 other states you can see on your screen are included in the recall. so far, no reports of anyone getting sick because of the wrong labels. cheryl: that's a very popular brand and those nuggets are very popular. another name added to the list of 2020 presidential candidates. we're going to need a bigger full screen. tracee: yes, we are. pop tarts, the breakfast pastry, announced its political aspirations on twitter, asking followers to retweet if you would support this endeavor. right now it has almost 40,000 retweets, 63,000 likes. that tweet coming just one day after former starbucks ceo
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howard schultz announced on twitter that he was seriously considering running for president as an independent. schultz's announcement only 4,000 retweets and 24,000 likes. cheryl: the people have spoken. tracee: popularity vote. lauren: the sweet tooth has spoken. tracee, thank you. cheryl: we've got a lot more coming up. it is the coldest weather in more than two decades. this is being considered life-threatening. subzero temperatures. we're going to be live in minneapolis where wind chills are as low as 50 below zero. cold days like this may help uber in the latest endeavor. the new plan has it teaming up with the competition. you're watching "fbn: a.m.." ♪ oh, i swear to you. ♪ i'll be there for you. ♪ this is not a drive-by. ♪ c just a sh shy guy delivers the news around here. ♪
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cheryl: record-breaking, life-threatening cold its sweeping the midwest. wind chill values dipping as low as negative 65 degrees. wisconsin, michigan, illinois, all under a state of emergency. lauren: we decided to have ray bogen report live for us from minneapolis with a pretty dangerous condition. we can barely see you, ray. how cold does it feel? >> reporter: oh, it's bone-chilling. it cuts right through your gloves. it cuts right through the jacket. in just a couple of minutes, any exposed skin can get frostbite.
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to put it one way it's colder in minneapolis right now and other parts of the midwest than it is on mount evidence rest mounter . check out this video from the chicago river. it's frozen over. the mississippi river in minneapolis, that was almost completely frozen over yesterday. around the region, schools and businesses are closed and thousands of flights have been canceled or delayed. as a precaution, the u.s. postal service is suspending delivery today in parts of at least eight states. >> december was really warm but i knew we were going to pay for it and, yeah, we're really paying for it now. this is just really cold. >> reporter: despite the brutally cold temperatures, people are being extremely generous. warming centers are open for anyone who needs shelter. chicago transformed some busses into mobile warming centers with
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nurses on-board. and this kind woman donated some clothes. >> i have the warmth of my home and people outside need it way more than i do. >> reporter: one meteorologist said that there's potential for the wind chill today to hit negative 65 degrees in the minneapolis area. it has already hit similar temperatures along the canadian border. but he also said if it's any consolation, on saturday it's supposed to be in the 30s. back to you. cheryl: which sounds warm i'm sure to a lot of folks. hopefully people are going to heed those warnings to stay inside and this doesn't turn into a deadly storm. ray, stay worm. >> reporter: thank you. cheryl: ray bogen live for us. wow. lauren: you can imagine him running to the satellite truck right now to get out of that frigid live shot. not frigid on wall street today. the dow is up 64 points, s&p gaining 5, nasdaq up 47 in the premarket. more earnings on tap.
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so earnings very much the story this week. coming up, the democrats' 2020 playing field getting bigger by the day. some are trying to shrink the team with an ultra tax on the wealthy. >> i don't know of any country that has done that. people earn money, they pay their taxes, and then they don't expect the government to come back and take some of it away. lauren: we want to know if a billionaire, a billionaire can win democrats' hearts and win the white house in 2020. and prepare for orange fingers, cheetos is back with another fast food collaboration that has us convinced -- cheryl: it's worth it to have the orange fingers. lauren: it is. ♪ good times. ♪ these are the good times. ♪ leave your cares behind. this isn't just any moving day.
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cheryl: welcome back. stacy abrams will give the democratic response to president trump's state of the union address. abrams narrowly lost her campaign to be georgia's next governor in november. her response will immediately follow the president's address on february 5th. hillary clinton's former campaign manager doesn't think she's running for president in 2020. this followed a cnn report earlier this week that clinton wasn't closing the door to a possible run. los angeles' mayor announced he won't be running for president. well, uber is reportedly considering a new strategy focused on bringing passengers to and from mass transit. uber is planning to work with subways and busses to expand beyond its operation as a taxi service, offering transit tickets within their app. then there is this. kfc is testing out the new cheetos chicken sandwich. it features extra crispy
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chicken, crunchy cheetos, he cheetos sauce and mayo, all on your toasted bun. it's being tested in kfc locations across the south. that's what's happening. lauren: everyone in the studio looked up and said ooh but i think it looks good. cheryl: i think it looks pretty good. lauren: futures are not split, they're higher this morning as we have the fed meeting on interest rates and more dow components and other companies reporting earnings. dow futures up 7 75 points at te moment. lawmakers will begin a new round of negotiations to fund the government. nancy pelosi is showing no signs of a compromise. >> it's got to be a serious, credible offer. her only credible offer -- nod credible, the only offer she put on the table up until now is a dollar. lauren: will democrats bring anything to the negotiating table today? if you're mending a broken heart this valentine's day, there's a new way to get back at your ex without eating your way through
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i don't know the outcome of these talks. here's what i know. the scope of the discussion will be the broadest and deepest in the history of u.s./you china trade. that's very important. everything is on the table. cheryl: will china be a good dinner guest? is china going to prove they're working in good faith as trade talks kick off this morning. lauren: negotiations to fund the government start a few hours from know. will a proposal to tie the debt ceiling to funding the wall have a chance? cheryl: if you're worried about an ex bugging you this valentine's day, here's a new way to put them in their place. lauren: let's get a check of how your money is moving this morning.
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dow is up 72, nasdaq up 50. cheryl: european markets, the u.k. is still in focus. ftse 100 up more than 1%, cac 40 higher, dax in the red. "fbn: a.m." continues right now. we're coming up on 5:30 a.m. in new york. it's wednesday, january 30th. good morning. i'm cheryl casone. we're talking about our exes this morning. lauren: i'm lauren simonetti. i was thinking about the bugging-out story. i don't want to give it away. if you have a bug, does it have to be an ex? cheryl: not necessarily. there could be a message there. the u.s. and china resuming high level trade talks today. president trump believes he has the upper hand, given china's lagging economic growth.
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there is pressure for him to cut a deal. treasury secretary steven mnuchin told maria bartiromo that important issues still need to be resolved. >> the president wants fair trade with china. it's got to be reciprocal. right now, china has free access into our markets and we have limited access to theirs. so the critical issues that we've talked about is market access, making sure there aren't forced joint ventures, not forced transfer of technology. cheryl: okay. lot to talk about here. how investors are going to view all of this over the next couple days, let's bring in mike lee of altium wealth. obviously, we need to get something done with the chinese. and markets more and more seem to be pressuring and putting pressure on the administration, if you will, to get something done. but the chinese don't seem to be ready to deal with the issue of i.p. theft. they don't seem to be ready to be opening up their markets to u.s. investment. >> well, they're getting there. so they're expected to grow at
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roughly 6 6% 6 gdp growth this , which is half of what it was in 2011. if china were to slow down to 3 or 4% like what we see here, they'd run the risk -- to them, that's a recession. they run the risk of a popular uprising. what's slowing them down is not only the trade pressure from the u.s. but they're a closed economy, a merchant economy run by communists. the communists want it centrally planned and centrally controlled. you run into capacity constraints. the u.s. economy is the freest, fairest trader in the world, that's why we're the most powerful. cheryl: the pressure may come from ceos across the country, talking about the effect of china, the weakening economy. we've seen pressure on nvidia and the caterpillar numbers. that was a negative. and on top of that the huawei indicindictment against the ceo. these are serious charges. is the timing problematic in your view. >> this is a problem that will
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stretch out for many years. it's gone on for many years. i think what the market needs to see, what i'm looking for is incremental progress and positive headlines. this is not going to happen overnight. there's not going to be a deal, a silver bullet that's going to come across the tape and everything is going to be all right. it will take many years to play out. as long as things start moving and continue to move in the right direction, which it seems they are now, i think that will be positive for markets and for china, the only way forward is to open up. it's just a matter of negotiation. cheryl: you know what markets would love to see, the fed statement today and them signaling they're going to slow down the unwinding of the balance sheet, $4 trillion. they're on auto pilot right now. a lot of folks on the street are saying why be on auto pilot, why not react to conditions in the economy, why not cut back the bond buying. wall street journal reported on this last friday and the markets loved the idea of this. do you think it's a reality when we get the fed statement? >> what i think the fed needs to
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say is what has been true all along is they'll react to the data. if the economy were to take a turn for the worse, of course they'll stop rolling off the balance sheet. of course they'll stop raising rates. however, i don't think that's likely. i don't think that's the case. if the fed were to stop reducing their balance sheet or slow that down, you further reduce their power in the event of a substantial economic slowdown. the fed needs to add as many bullets back in their holster as possible. i think slowing down the balance sheet or stop raising rates would be a mistake. cheryl: they're not expected to raise rates again. it will be interesting to see if chairman powell can communicate well with markets today. >> verbal karate we like to say. cheryl: he's had some stumbles. michael lee, thank you very much. lauren: a group of 17 lawmakers from both sides of the aisle are set to begin border security negotiations today. the bipartisan conference committee has until february 15th to reach a deal
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to avoid another government shut down. tiyana, good morning. what concessions, and that's the big word, what concessions are both sides willing to make here? >> i think republicans have made it clear that they're offering operating in somewhat good faith. they proposed bringing the three year extension for daca recipients and tps holders. democrats, not so much. they said they will not pay for the wall under any circumstances. i think this is the moment in which republican messaging becomes so important. they need to focus and make it a bun dauntly clear to the american -- abundantly clear to the american people they're looking for a safe, humane, ethical way of taking care of the people who are in the country and making sure that more people don't come in. while democrats are resorting to what could be seen as open borderborder extremeism. lauren: senator lindsey graham has a proposal to tie in the
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debt ceiling, which our ability to borrow needs to be raised by march the first, two weeks after the border deal which must be reached by the day after valentine's day. do you think tying in the debt ceiling is a good idea or do you agree with what the chair woman of the house appropriations committee says, she says let's not make it more complicated, that's a quote, let's not make it more complicated by tying in two big issues that are hard to get and wrap your minds around. >> yes, i mean, with all respect to senator graham, this is a terrible idea. i think democrats already called trump's bluff on the shutdown. they will call his bluff again when it comes to bringing in the debt ceiling into this. it's complicated enough. tackling the debt is something that must be done. republicans should spearhead it. the debt to ga gdp ratio, we're reaching percentages that have
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not been seen since close to world war ii at a time where the economy is successful and we're not in any wars. bringing that to immigration, border security and keeping americans safe, bringing in defaulting on our national debt is not going to ease tensions and make the conversation seem more rational. lauren: thank you so much for joining us. not a good look for the president to do what lindsey graham suggests. got it. we'll see what they do because the clock is ticking. thank you. cheryl: democrats are of course lining up to replace president trump in 2020. but so far no one is lighting up the electorate, not teen billionaires. a new poll shows the race for the democratic nomination wide open with more than half of self identified democrats or democratic leaning independents not embracing any candidate yet. no candidate received double digit support. joe biden and senator kamala
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harris leading the pack. democratic billionaires could have the most trouble gaining support with the progressive wing of the democratic party urging voters to say no to billionaires like michael bloomburg and howard schultz. you've always got pop tarts if you want to go out on a limb in 2020. lauren: it could be a surprise candidate that really garners all the attention in the end. just like it was with the republicans a few years ago. ebay will pay shareholders its first ever dividend and it's happening in march. cheryl: tracee carrasco has that. a lot of investors are watching ebay stock today. tracee: the 14-cent dividend is part of a bigger capital return plan plan. overall, the company said it would return about $7 billion to shareholders through dividends and buybacks over the next two years with most of that happening this year. the company has been under pressure from hedge fund investors to improve shareholder returns. ebay is down 17% in the past
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year. cheryl: that looks like a ski slope. tracee: it certainly does. lauren: google could be tracking users who enable location services on their phones and then selling the data but that sounds like a major privacy breach. tracee: absolutely. sidewalk labs, a sister company of google, reportedly plans to correct ancollect and sell mobie location of users to model pattern of movements within cities. it hopes to give planning agencies access to information, helpful in making decisions on transportation and land use. the project's use of real-time data raises privacy concerns about how the information is collected and what happens next. sidewalk labs says it's not identifiable of the person. cheryl: we've seen polling that shows many americans, they know they're getting tracked and they're not that upset about it which is interesting. okay. there's a way to name a
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cockroach after your ex just in time for valentine's day. tracee: as you said, doesn't have to just be your ex. maybe someone else. cheryl: husband? tracee: if you've ever thought about naming -- lauren: fiance. tracee: a conservation center in england can help you. for a $2 donation the center has come up with a unique way of, quote, getting back at your ex this valentine's day. the names will appear on the roach board at the center's cockroach enclosure and you will also get a certificate. lauren: that's key. cheryl: which you should mail to him, the offender. lauren: let's get on that. tracee carrasco, thank you very much. cheryl: that is smart fund raising. coming up this morning, the super bowl is almost here. fans are betting on more than the big game this year. how political junkies are getting in on the fun. and baby, it is really cold
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outside. the polar vortex bringing wind chills up to 50 below zero. we are tracking the arctic blast and where it's going to head, next. you're watching "fbn: a.m." ♪ cold, cold, winter. ♪ and the wind -- alerts -- wouldn't you like one from the market
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when it might be time to buy or sell? with fidelity's real-time analytics, you'll get clear, actionable alerts about potential investment opportunities in real time. fidelity. open an account today. lauren: millions of americans are bracing for life-threatening
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temperatures. cheryl: janice dean is live in the fox extreme weather center and this is extreme. lauren: extreme. >> we're going to talking about this arctic outbreak for probably decades to come because it's been decades since we felt cold air like this. current conditions, minus 52 is what it feels like in international falls. feels like minus 44 in chicago. minus 52 in minneapolis. you get the picture. the coldest air, it's record cold. wind chill advisories for millions of folks, not only for the upper midwest, northeast as well. northeast is getting in on this overnight tonight and into tomorrow. it will last today, tomorrow, into friday and then things will start to get better. there's your forecast wind chill again. we're minus 30s, minus 40s here. by tomorrow morning, minus 10 in new york city. chicago is saying minus 10 compared to we experienced.
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in the 40s for saturday and sunday for chicago. just got to get through the next couple days. people need to be cautious, very dangerous, life-threatening cold, stay inside. that's why local officials are heeding -- hoping that people heed the warnings. cheryl: you don't want to see any deaths from the storm, certainly. janice, thank you very much for the update. >> you got it. lauren: question, how many times do you think president trump will tweet during super bowl liii? this is something people can actually bet on on sunday. cheryl: this is a great story. jared max has the story. what are the odds? >> bet how long it will take glagladys knight to sing the anthem. over, underline, how many times the president will tweet during the game, the over, under right now is one which will be higher. the president's approval rating in monday's poll are the longest
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field goal in sunday's game in terms of yardage. bet of which will be longer, the game's longest touchdown or how many days the government shutdown lasted. you can also bet on whether or not the president will tweet congratulations by midnight sunday and whether or not the winning team will be visiting the white house. what are the odds anthony davis next plays for the los angeles lakers? the agent for the pelicans franchise centerpiece publicly declared this week that davis will not sign with new orleans, want toss be traded to a contender, davis fined $50,000 by the nba. both conor mcgregor and fellow fighter kabib punished by the athletic commission for their brawl after ufc229 last october. conor fined 50 grand, suspended six months. a lot of fight in the report. trent frederick of the boston bruins played his first nhl game
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last night and went to school on brandon tinev. watch the parents in the crowd, caught on camera, celebrating their young boxer -- hockey player. brandon cooks for the l.a. rams, arranged for the team custodian and his son josh to fly to atlanta and get two tickets for super bowl liii. cooks tweeted thankful for the rams nfl family for all the help. cheryl: that's a nice story. back to the story about the betting, a 55-yard touchdown might be the most exciting thing in that game. >> you say why are you celebrating? because i bet that was 17 yards and i got this the other way. estimated $6 billion to be bet on this by americans. cheryl: i think the patriots are leading in the bookie rooms. >> the big money. cheryl: jared, thank you very much. we'll see you in atlanta. we're heading down today. you can catch the sports
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reports, 24/7, sirius xm channel 115. lauren: the democrats' 2020 lineup gets bigger by the day. one thing most of them have in common is healthcare. >> medicare for all. >> medicaid is about who we are as a people. >> i believe that we need universeal healthcare. >> medicare for all would save the american people. lauren: if you're watching this program you probably have private healthcare. what would the death of private health insurance really mean? dr. mark seagal is coming up with what you need to know. the music world says good-bye to an r & b legend. ♪ i don't have the heart to hurt you. ♪ it's the last thing i want to do. ♪ i don't have the heart to love you
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and the army taught me a lot about commitment. which i apply to my life and my work. at comcast we're commited to delivering the best experience possible, by being on time everytime. and if we are ever late, we'll give you a automatic twenty dollar credit. my name is antonio and i'm a technician at comcast. we're working to make things simple, easy and awesome.
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lauren: let's get you caught up on what's hatching now. one of r ape & b's biggest star, james ingram, has died. ♪ there's a brand-new way of looking at your life. ♪ when you know that love is standing by your side. ♪ baby come to me. lauren: ingram was a double grammy winner and two-time oscar nominee. his duet with patty austin in 1982's baby come to me was his first number one pop hit. he topped the chart in 1990 with i don't have the heart. tmz reports he was battling brain cancer. he died at the age of 66. top u.s. intelligence officials testified in front of the senate intelligence committee on dangers facing the country,
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contradicting the trump administration on a number of issues including isis not being he defeated and north korea's continued you nuclear weapons program. they were warned of russia possibly meddling in the 2020 presidential election. washington's governor declared a state of emergency after 36 cases of measles. there's one confirmed case in oregon. officials are blaming the outbreak on parents choosing not to vaccinate their children. washington and oregon are two of the 18 states that allow parents to opt out of vaccines cheryl. cheryl: senator kamala harris is veering away from president obama's famous line, if you like your doctor, you get to keep your doctor. harris calling for medicare for all and the outright end of private health insurance. other democrats are rallying around her. >> i think that's the direction that we absolutely need to go in. the real issue with our healthcare system is that we're trying to have it both ways, we're trying to have half a free market system, half a more
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public system, and it is in the half commitment that our systems are breaking down. cheryl: let's bring in our very own dr. mark see l gal o seagalx news medical a team. the drug companies, insurance companies, doctors, they all say this does not work. what do you say? >> cheryl, it doesn't work for a number of reasons. i want the viewers to understand, first of all, it's not medicare. it's changing the system. it's a sin l ge single payer tym where over 200 million people are currently getting private insurance including 1,706,000,000 who get it from their employer. this ends that. kamala harris is calling private insurance inhumane. if you get rid of employer based health insurance, a lot of people take a certain job because of the incentive to get the insurance. it will be a job killer. there's another entitlement on the table. we're at a time of great innovation. i don't think aoc orca mil or a
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harris are thinking about this. you need creative solutions on how to even cover these things and definitely medicare or medicare for all is not going to know how to do that. i mean, i talked to the head of -- the current head of medicare about this, who said medicare is struggling to figure out how to cover the current immunotherapies. we have a problem with a job killer and a problem with innovation not being covered and then we have the big bureau corral in thbureaucratin the ro. i'll have to call a far away bureaucrat to get anything i want to cover for my patients. cheryl: you brought up the need for r&d for immunotherapy, for drugs to treat cancer, m.s., on and on. you had a group of lawmakers in washington, they're going to investigate pharma companies for rising drug prices and president trump wants to go after
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pharmaceutical companies for rising drug prices. do they have a point? >> they do. they have a way to get after that. it's called getting more biosimilars and genetics on the market. look at what foreign countries do. they free load off of our current prescription drugs and charge lower and lower prices. we can put a stop to that and we can say the drug was made here. why are they paying less for that? again, more options, more choices are going to bring down prices. the idea of super imposing a fixed price on this situation, well, that may bring down prices but you know what that's going to do? that's going to stifle innovation. cheryl: you know what, again, president obama got burned when he said you could keep your doctor under obamacare. kamala harris ignoring that. democrats may have a problem here. >> 200 million people are not going to get to keep their doctor. cheryl: exactly. don't learn from history, it seems. dr. seagal thank you for getting up early for us. we're going to be on this story all day at fox. >> thank you, cheryl. lauren: what about the half million people that work for the
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private insurance companies. what happens to them? coming up -- 2020, folks. theresa may wants to reopen brexit talks with the european union but is it ready to listen? we have the latest from london in just a bit. ♪ rhonda you look so fine. ♪ and i know it wouldn't take much time.
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theresa may wants to reopen
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brexit talks. michael, good morning. does the eu have the appetite to negotiate? >> i don't think so at this point in time, i think we will be visiting this in about 2 weeks, ultimately what parliament said last night gave mixed message on onehand. they had no appetite leaving eu without a deal but at the same time they sent back to theresa may to renegotiate the existing deal. they are not prepared to negotiate at the moment, we will continue the staring contest and revisit in 2 weeks' time. cheryl: i have a feeling theresa may will get to brussels over and over. fascinating. lauren: mornings with maria starts right now. maria: good morning, ladies, thank you so much. thanks for joining us. i'm maria bartiromo, happy wednesday, wednesday january 30th, top stories right now before 6:00 a.m. on the east
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coast. earnings driving the action. we are waiting results from boeing, at&t and mcdonalds. this all comes after apple beat last night despite concerns of apple sales. we will break down the numbers. investors are watching china trade talks today, they are getting under way this morning, 2-day talk, we will get into this it. federal reserve meeting, no change in rates, focus on chairman jay powell's news conference, what he says about the balance sheet unwind. dangerous temperatures, chicago river freezing over and the city lighting railroad track on fire to keep trains moving, facebook once again paying users for access to their data, fallout coming up. sam adams celebrates patriots to super bowl with brew, mornings with maria begins right now.
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♪ ♪ maria: we kick it off with markets this morning, markets are look looking like this. 75 points this morning. s&p 500 up 6 and a half and nasdaq up 52, firmer tone on the heels of technology stock because of apple earnings. s&p and nasdaq were lower with facebook, microsoft and amazon all down, big week for all of the above which we have technology earnings from all of those coming out this week.

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