the heels of the greenfield update yesterday. a little light for snapchat. >> facebook can copy it like they have done everything else with snapchat. maria: wow. ouch. good scoop, john. good to have you on the program. always great to have you. good to see you, kevin. charles payne in for stuart varney today. take it away. charles: good morning. i'm charles payne, in for stuart. we have a bunch of big stories we are following for you. we will start with that terror attack in new zealand. at least 49 people killed after shootings at two mosques in christchurch. four people right now in custody. this is the worst mass shooting in new zealand's history. the whole thing might have been streamed live on facebook. we have details on that coming up. speaking of facebook, two top executives abruptly leaving the company. chief products officer chris cox and chris daniels, head of what's app's division, both resigning yesterday. boeing announcing they are pausing delivery of the 737 max. no halt in production, however. shares of boeing actually up in

the premarket. elon musk showing off the new tesla model y suv. it's smaller than the model x, 300 miles top range, starts at $39,000. and futures pointing to a higher opening. the dow, s&p and nasdaq at critical resistance points. certainly will be a big news day but we got it all covered. "varney & company" starts right now. charles: facebook confirmed that the video that appears to be a livestream of the new zealand shooting, what are they saying? liz: they are saying essentially copies of it started streaming within minutes of the shooting, and the reason they took it down is because new zealand, new zealand police saw it first, then told facebook to take it down. here's what they are saying. new zealand police alerted us to a video on facebook shortly

after the livestream started and we quickly removed both the shooter's facebook and instagram accounts and the video. we are also removing any support for the crime. we will continue working with the police. it also started to show up on youtube and twitter. they started to take it down. watch this. the uk interior minister, news now breaking, is saying quote, take some ownership, enough is enough. you have to do more to stop extremism on your sites. so this is now happening, reaction is pouring in worldwide. we will stay on this story throughout the hour. charles: absolutely. let's shift over to secretary of state mike pompeo, because he's speaking to the press. let's listen in. >> -- saudi-led coalition is the way to achieve these goals. the senators who voted aye say they want to end the bombing in yemen and support human rights but we need to think about whose human rights. if you truly care about yemeni

lives you would support the saudi-led effort -- charles: secretary of state mike pompeo, when and if he speaks about what's happening in new zealand, we will go back to him. meantime, want to focus on this facebook angle, bring in jim anderson with social flow. companies hire you, of course, with social media. facebook, this livestreaming, how big of a problem is it? >> it's a problem but this is a human tragedy, not a facebook tragedy. we need to focus on the crime and tragedy first and foremost. the fact it was streamed on facebook is abhorrent. i'm sure facebook thinks that, we all think that. nobody wants to see this kind of thing. i think heavy-handed behavior in this case is entirely appropriate. they need to take it down. they need to take down the fan posts and the pages. i think you will see them be aggressive as well as twitter, youtube, anybody else. charles: is there a way to be aggressive with respect to mitigating these things? we know social media has come under criticism for facilitating the recruitment of terrorists, for fomenting the anger and

hatred all over the world, that it's easy to fan those flames from changing the outcome of elections. the pressure will be there, i think everyone agrees with you, it's a horrific, evil act on all humanity and certainly on the people who were killed and their families, but the conversation will come back to what can facebook do. you don't think they need to do anything? >> no. that's not true. i do think they need to do something. they need to accept responsibility for the consequences of free and frictionless communication. there are real consequences. there are so many wonderful things and anybody anywhere in the world can now instantaneously communicate but when you start getting troubled people and worse, evil people communicating types of things where i have a real hard time is asking facebook to prevent this kind of thing. i think that's unreasonable for any company, any government. how are you going -- liz: here's the problem. forgive me for stepping in. facebook says effectively their immediate site, they are except from lawsuits for third party content. congressmen are now talking about lifting that immunity. should they?

would that stop the problem? >> i don't know that it will stop the problem. we talked about this before. regulation is inevitable for these giant technology -- liz: the "new york times," "wall street journal" or any other networks showing this stuff live. >> i can't get to the "new york times" and livestream my content from my phone. liz: well, they -- >> they won't allow it. because that's curated. that's the issue. charles: essentially what you do, you have hundreds of millions of writers that you cannot police. the "new york times," fox business, the people who work here can be edited, can be to a large degree monitored and supervised. ideally i guess every single person that uses social media would be considered a de facto writer or contributor but technology, is there any sort of technology angle that you see, delay, greater algorithm, something that could mitigate this problem? >> it will help. they already, they have the ability to fingerprint or thumbprint videos. they have the algorithms right

now are searching and trying to remove this content. the problem is, as you well know, it doesn't take much to cut up a video and re-edit it to make it a new derivative work. it's always trying to keep one step ahead of people who, for whatever reason, sort of have latched on to this and want to create their own works. charles: let's talk about these two executives, chris cox and chris daniels abruptly leaving, a week ago, mark zuckerberg talking about a new direction for the company. are those related? >> they might be. i tend to go for the simplest explanation which is these people, to be blunt, are fabulously wealthy. they may have just decided now's a good time for me to go and relax. charles: they both had this epiphany on the same deal. chris, i'm rich. you know what, so am i. >> it's a new phase. mark zuckerberg seems to be indicating he wants to be the new phone company. talking about encrypted messaging. all of his announcements last week was about one-on-one messaging, me sending a message to you. he wants to be the de facto phone company. charles: or adopting almost a

what's app sort of model. >> that is part of the whole mix, so individual one-on-one messaging and encryption of that messaging is part of his broader vision. charles: thank you very much. appreciate it. >> thank you. charles: want to switch gears to boeing. the company now putting 737 max deliveries on hold but they haven't stopped production. joining us, rebecca walser. shares are down 11% this week but the last couple days, it's shown amazing resolve. looks like it may have found support even on monday, tuesday, monday morning, where do you think people should be buying the stock here? >> well, it could be an opportunity but you know, i think we can look back, boeing did have to ground 787 jets in 2013 and that was a three-month grounding and the stock was relatively unchanged. if we look at that, now of course under the leadership of the new ceo, he has obviously done a lot of things and the stock has tripled since 2015. so this is a bigger problem. they are grounding, it isn't

helping production but they can't get the planes out. that's a problem. they have a problem with $2 billion of cash payment. they are going to be pushed back to later quarters because they're not making deliveries. they have a lot of things that could put pressure on them as a company and their expectation for this year so it is going to be a problem. the fix itself, the software fix might cost $1 million to $2 million per jet depending what the final results show here. there's a lot of stuff going on. this could be an opportunity but right now it's holding pretty steady for what's having happened. charles: for all the numbers you talked about, we know wall street, we know how the market works, million, two million per plane, even delaying cash flow, ultimately can be overcome. the public relations aspect to this which seems to be mounting now that the whole world said ground these things, don't even fly them in our air space, i wasn't too happy with the way boeing reacted to the lion air crash. i'm not so sure, you know, that people are happy right now with the way they have reacted to

this. could that be the intangible we don't know longer term how that can impact this company? >> you are absolutely right. you are hitting the nail on the head. we want to see a company that has two crashes back-to-back that are eerily similar to react very swiftly. most of the world did react swiftly. boeing didn't on its own. finally the faa made the decision here in the united states. i was flying this week extensively and i was worried about my own flights. am i on a max. you have southwest, united and american having 2% of their fleet in this world. i do think that's an intangible. hopefully i think boeing will pull out long-term. look at their competition. airbus has a five-year delay in production so it's really hard to go somewhere else. consumers don't want to fly on your plane, that's a big problem. wea we have to work on that. charles: a new "wall street journal" survey, economists lowering their growth forecast,

1 1.3% in the fourth quarter. what's your thoughts? we have seen an avalanche of downgrades on earnings. now we are seeing a downgrade with respect to gdp. what are your thoughts on growth and how does it impact the market? >> you know, i think this is president trump's economy versus the world. we have the trickle of global slowdown coming into the united states and it's being reflected in economic forecasts. obviously last week didn't help with the 20,000 jobs out in february which was a shocker. i do think economists are starting to say we see a slowdown coming. trade not being completely resolved with china is also putting a lot of downward pressure on these expectations. that's what i see. charles: thank you very much. really appreciate it. >> thank you, charles. charles: folks, more developments in the college admissions scam. lawsuits are being filed, some big name companies are cutting ties with lori loughlin and her daughter, and there's a connection to senator kirsten gillibrand. president trump expected to veto the resolution which blocks his emergency order for the border.

a dozen republican senators voted against the president. matt schlapp is up next on that one. alexandria ocasio-cortez responding to mitch mcconnell's plan to move forward with the vote on the green new deal. you will hear what she has to say. we're just getting started. i don't know what's going on. i've done all sorts of research, read earnings reports, looked at chart patterns. i've even built my own historic trading model. and you're still not sure if you want to make the trade? exactly. sounds like a case of analysis paralysis. is there a cure? td ameritrade's trade desk. they can help gut check your strategies and answer all your toughest questions. sounds perfect. see, your stress level was here and i got you down to here, i've done my job. call for a strategy gut check with td ameritrade. ♪

charles: checking the futures, we've come down a lot in the last 30 minutes. all the major indices were looking like they are going to be higher but the dow particularly was up much more,

so we will keep an eye on that as the market gets intense into the open. meanwhile, reuters reporting that uber plans to go public in april. susan li at the new york stock exchange with more on this. susan: happy friday. welcome to the biggest year for tech ipos since 2000. uber expected to file this f1 filing which means it intends to go public and lyft sometime this year. now, expectations are as far as people familiar that lyft will ipo, go public, at the end of march and soon after, you will have uber which is a much bigger competitor also selling shares as well and becoming a public company. right now the valuations are uber's at $76 billion, the underwriters want it somewhere around 120, realistically it might be a $100 billion valuation for uber. that's worth, of course. lyft which is set to value itself at $15 billion to $20 billion or so but it's probably more important for lyft to go first, test the market and get some of the investor dollars before the biggest competitor sells shares as well.

back to you. charles: thank you very much. the senate shot down president trump's national emergency declaration for the border. 12 republicans voting against the president and president trump says he's ready to pull the veto pin. here's his quote. i look forward to vetoing the just passed democratic resolution which would open borders while increasing drugs, crime and trafficking in our country. i think all of the strong republicans who voted to support border security and our desperately needed wall. joining us to discuss, matt schlapp with the american conservative union. you feel like this is perhaps the right thing for the president to do, matt? >> absolutely. i remember when i worked for president george w. bush, all those years he had a republican congress, he never vetoed anything. i think the american people viewed the republican party then as being in lockstep and i think it actually hurt the president when it looked like he was a function of congressional republicans. i think having a republican president veto a bill, even a bill that comes from a

republican-controlled senate, shows that he's independent and his agenda, he's going to push on his agenda even if republicans stand against it. charles: you know, you can almost argue because today is march 15th, is this sort of president trump's ides of march, right. 12 republicans turning on him, most of them over their own principles, not necessarily arguing there's not a crisis at the border but saying their own principles about certain things supersede what the president is trying to achieve there. >> you know, i really don't agree with that. i look at the list of the 12 and i really do see, you know, less than a handful of republicans in that group that time and time again stand up for separation of powers. mike lee is a principled conservative who believes that this is totally and completely constitutional. he just doesn't like the precedent of a republican president using emergency powers. i think others on that list simply are appropriators who

didn't get their job done in the first two years in terms of wall funding and i think they are using the constitution to effectively not get the wall done. i think republicans see through that. i think they will probably score this vote. other conservative groups will as well. we stand with the president on securing the border. charles: there's no doubt about that, but again, folks retreating to their own principles rather than saying let's do what's right for the greater good because compromise is a key element of being an elected official, what does it mean for the next budget that's going to go through or potentially not, things like that? >> let's get specific. you have senator mitt romney, did he vote on principle when he voted against securing the border? i don't think so. i think he just has trump hatred. that's the problem with some of these republicans. when it comes to compromise, i have no problem with compromise but you can't compromise with a democratic party that's turned socialist, charles. you just can't. it's hash tag resistance. even on things they agree on,

you have nancy pelosi and others in that party saying they don't want to give trump the win, whether it's on infrastructure or other things they can come to an agreement on. the democratic socialist party has to decide can they actually work with trump on the things they agree with. charles: it might have been infrastructure, some other things. longer term, the political fallout from this, i would probably think this would be not a 2020 issue but certainly, nancy pelosi will be able to say president trump's own party rejected him in the senate on his signature campaign issue. >> except the thing is they really didn't, because this is not going to stop building the wall and him using this money because they don't have the votes to override his veto. so the beautiful thing is all this is going to continue and trump is going to get his wall. charles: all right. matt, thank you very much. always a pleasure talking to you. >> thanks, charles. charles: the new york stock exchange and nasdaq both going to be opening here in less than -- in about 21 minutes.

both of them have been trending a little bit lower but still higher for the day. meanwhile, the big news overnight is the disaster in new zealand. right now, 49 people are dead. both exchanges will have a moment of silence for the victims of that new zealand mosque shooting. we will return right after. this isn't just any moving day.

this is moving day with the best in-home wifi experience

and millions of wifi hotspots to help you stay connected. and this is moving day with reliable service appointments in a two-hour window so you're up and running in no time. show me decorating shows. this is staying connected with xfinity to make moving... simple. easy. awesome. stay connected while you move with the best wifi experience and two-hour appointment windows. click, call or visit a store today.

charles: secretary of state mike pompeo just finished speaking with reporters. what did he say about north korea? liz: this is about north korea threatening to ramp back up nuclear and missile testing, basically reiterating that kim jong-un made a commitment that this would not resume. he hopes, pompeo hopes that north korea lives up to that commitment and he's saying it's wro wrong, the accusation from north korea that mr. pompeo created a hostile and mistrustful environment for constructive talks to progress. that accusation was also levied at national security adviser john bolton. the conversations have been professional, that's what mr. pompeo is saying. early expectations right now, they will continue. every expectation. charles: do you think it's good they are not blaming president trump? that north korea is not saying this is on president trump? i think that's a good sign. liz: that is a good sign. the president wants total denuclearization and the sanctions will continue. north korea wants the u.s. out of that hemisphere of the world.

charles: folks, the dow futures are going to be higher but we have come down a lot since industrial production numbers were leasereleased. the street was looking for .3 and the number was .1. the market will open when we return. we'll be right back. [ telephone rings ] [ client ] - hey maya. hey! you still thinking about opening your own shop? every day. i think there are some ways to help keep you on track. and closer to home. edward jones grew to a trillion dollars in assets under care, by thinking about your goals as much as you do. i saw my leg did not look right. i landed. i was just finishing a ride. i felt this awful pain in my chest. i had a pe blood clot in my lung. i was scared. i had a dvt blood clot. having one really puts you in danger of having another. my doctor and i chose xarelto®. xarelto®. to help keep me protected. xarelto® is a latest-generation blood thinner that's...

proven to treat and reduce the risk of dvt or pe blood clots from happening again. in clinical studies, almost 98% of patients on xarelto® did not experience another dvt or pe. xarelto® works differently. warfarin interferes with at least 6 of your body's natural blood-clotting factors. xarelto® is selective, targeting just one critical factor. don't stop taking xarelto® without talking to your doctor, as this may increase risk of blood clots. while taking, you may bruise more easily, or take longer for bleeding to stop. xarelto® can cause serious, and in rare cases, fatal bleeding. it may increase your risk of bleeding if you take certain medicines. get help right away for unexpected bleeding or unusual bruising. do not take xarelto® if you have an artificial heart valve or abnormal bleeding. before starting, tell your doctor about all planned medical or dental procedures and any kidney or liver problems. learn all you can... to help protect yourself from another dvt or pe. talk to your doctor about xarelto®.

charles: the opening bell ringing in just about 13 seconds. a lot of anxiety building up, in part because we were a lot higher moments ago and also, we are butting up against some serious resistance and if we break out, we could be off and running. the opening bell is ringing. take a quick look at the big board. the dow 30 stocks will start populating. at the top, intel and maybe not surprising, boeing opens under pressure for the fourth consecutive day. it was indicating up about a dollar an hour ago. it's under pressure, we know why. int intel, microsoft, apple, big momentum names leading the charts on the upside. the s&p 500, a broader measure of the market, up four points here. of course, nasdaq which has really been absolutely on fire, up more than 15% year on date, best performing index in the market right now. you can see it's up pretty good. liz: facebook opening to the downside, down nearly 2% right

now. under pressure. charles: under pressure. we have key executives leaving and of course, the tragedy in new zealand. joining us to discuss all of this, john layfield, jonathan hoenig, liz macdonald is with us. let's start with tesla, unveiling the model y, crossover suv. still facing headwinds with the model 3. the stock, it's starting to break down here really technically, john. tesla has had this image as a teflon stock but we have seen it break down before under $300. where do you think it's going from here? >> i completely agree about it breaking down. where it's going from here depends upon elon musk. if this wasn't elon musk running this company, this thing would have been bankrupt so long ago. i have a lot of friends that are shorting tesla. problem is you are shorting elon musk and he has a way of playing modern day harry houdini pulling a rabbit out of a hat. the trajectory is good. they had 100,000 cars sold in 2015, 245,000 sold in 2018, they

have a projection of 500,000. his problem is not building a great product. his problem is old school manufacturing. that's not what he's been able to do. >> i don't know if it's houdini or harold hill from "the music man." where is the band? he's made a lot of promises, but look, the stock is where the rubber meets the road. it is breaking down. charles, given all the hoopla about the model y, a lot of analysts have said the rollout was pretty underwhelming. it's a slightly souped-up model 3. watch this stock. it should be popping on this news, it's not. i will make a prediction. i'm not short the stock but i have to imagine driving a tesla in 2018, i think in effect, what liv tesla is going to be is a status symbol everyone wanted, that might not always be the case. liz: it's opening to the down side after the model y intro.

the new bells and whistles even after offering a $2500 refundable deposit on the model y and you can design and order it to your specs on the website, this is striking that this is under pressure. charles: i should also point out, three months ago, the street was looking for them to earn $6.75, that's down to $5.22 and some big, big names jumping in on the shorts. it's breaking down big-time. let's take a look at facebook which is opening under pressure here this morning. you have two stories, one, the company has confirmed it deleted a video, it appears to be a livestream of the new zealand shooting. two, you've got two top executives leaving the company. we will start with the new zealand situation. listen, the company acted quickly but the question is, did they act quick enough? jonathan, your thoughts? >> charles, please. leave facebook completely out of this horrific tragedy from new zealand.

that tragedy is the responsibility of the murderer who perpetrated it. facebook acted responsibly, in my opinion, immediately getting rid of all this fermaterial. they are under pressure for a lot of reasons, one of which is the executives leaving, the other is this seemingly unstoppable trend towards more regulation here at home. facebook is a stock to watch. i think probably one to avoid as we move forward. liz: here's the problem. you can still watch this video on youtube. it's still up. this is what the problem is. charles: at this very moment. liz: yes. >> liz, liz, someone else -- [ speaking simultaneously ] liz: it's still up. wait for this point. this shooter reportedly, according to the "new york times," purposely wore a body cam in order to stream on facebook. he put up a white supremacist manifesto. this is an issue with the business model. in other words, they do not have the human beings -- hang on -- and the algorithms to stop it. this terrorist did this on purpose, exploiting the weakness

in the model. that's a question right now. i'm not talking right now about government regulation. i'm talking specifically about the shooting. we're not talking about blaming facebook or not. we are just saying this is what happened. that's the reporting. charles: john layfield, it does dovetail into all the quote, unquote, bad news in silicon valley and these companies either being bad actors or not doing enough and they are getting a lot of pressure on all of them. >> yeah, they are. these big two departures has a lot to do with the stock. you look at these two executives, facebook was very steady in their upper level management for the last 12 years. one of the reasons is in 2013, the stock was trading about $23. then it goes up to $217 by 2018. so you have a 10x increase in your stock compensation for these execs. they're not leaving with that. when you have a stock go down to $170, they are looking at this saying i have a disagreement over these privacy issues and a lot of things that are coming, digital taxes, regulation's

coming, it lends itself to have more executives say i'm going to take another startup out there and go somewhere elsewhere my talents will be rewarded. liz: by the way, the production team is watching it on youtube right now. that's the issue. charles: i should point out, facebook had a very stealthy 29% run-up this year, since it's fallen apart. let's stay with tech for a moment. the chip makers are really rocking, the fact the tech sector passed industrials as the top sector for the year, john, the computer chips often seen as a proxy for the economy, not just the u.s. but global economy. what do you think when you see some of these semiconductor names start to lead the way? >> i think the global economy is becoming a global economy. that hasn't happened before. when you had creations of wealth in the 1900s, with rockefeller and carnegie, that was a nation that had just been for the first time expanded from border to border. now you have a global economy. that's why you are seeing this wealth being created that was unseen of in the history of

mankind. i think what you are seeing specifically from the chip manufacturers is the global economy is still doing okay. i think it's slowing but you have so many people emerge into the middle class from china and from africa that it's compensating for that. charles: jonathan? >> yeah, certainly. listen, capitalism has brought hundreds of millions of people out of poverty all over the world. when it comes to the rebound in so many of these technology stocks, i would just say enjoy the show but know where the exits are. we have gone from famine to feast in the market in risk assets writ large. i'm not a bear but i think you have to have stops in place just in case we go back to the type of market we saw more closely in december of '18 rather than march of 2019. charles: those are unique circumstances that triggered that selloff. you think those are around again or have they been resolved? >> i think it's a long year. we are seeing tremendous bullishness now. i'm worried about the dollar, i'm worried about a reduction in interest rates and now is the time not to be a bear, as i

said, but at least have some cash on the sidelines. there's a lot more trading to come in 2019. liz: morgan stanley and deutsche bank say their -- their top guys say this worry about the whole market and the slowdown will peter out by the second or third quarter. they say the slowdown itself, they are seeing a bump up in midstream midyear. charles: right. i think there's a lot of pieces out today that show whether it's the st. louis fed, atlanta fed, economists, the first quarter is going to certainly be a major decline from where we were in the fourth quarter but that maybe it turns around. how important is it, i will start with you, john layfield, how important is it because the market kind of can look past these things, there's an assumption this is a temporary lull and we will resume sort of this pickup that we saw in 2018. >> charles, look, when people say recession is coming, a recession is coming. we don't know when it is but a tree doesn't grow to the sky

forever. of course it's coming at some point. the one thing that portends itself to be bullish besides the fact we have full employment right now and wages are actually going up significantly right now, is the fact that last year, you had almost a full percentage point of gdp come from private investment into infrastructure. compare that to 2015 and 2016, which is only .1% of gdp that came out for that. so that lends itself that part of this is not just consumer driven. this is investment driven which shows that we could have a better year this year than a lot of economists predict. liz: it's also central bank driven. we have the u.s., ecb, australia, canada, easy money coming out from the central banks. that's what the wall streeters are saying. charles: no doubt about that, jonathan? >> when it comes to everyone's own individual portfolio, look, none of us are omnipotent. you pick your best ideas, pick your best stocks, but always have those stop loss orders in place below the market just in case this is the top of what's been a ten-year plus bull run

for stocks. charles: you mentioned the stop losses a couple times. is there a general rule of thumb, a certain percentage point you look at? >> yeah. you go into every trade with tremendous optimism but by the time it falls 15%, 20%, 25% from your purchase price, i think you get out. it takes the pressure of having to be right off because you could have bought the worst stocks in the world, enron, pets.com and as long as you had that 15%, 20% stop loss, you would have been okay. liz: you have to be right twice. charles: you live to play this game again another day. fantastic conversation. thank you all very much. appreciate it. folks, a quick check of the big boards. the market now struggling, the dow up only 15 points. there was a point earlier where it was indicating to be up maybe as much as 150 points. disappointment over industrial production. we have seen a lot of weakness over the last several months. meanwhile, israeli war planes hit dozens of hamas targets in the gaza strip in

response to rocket attack on tel aviv. coming up in the next hour, we talk to former state department official and the question is, are we on the verge of a bigger conflict in the middle east? that's the question we will pose. some democrats in minnesota are now considering a primary challenge against congresswoman ilhan omar. they are worried about her past comments about israel and what it could cost the house not just her seat but even more in 2020. we are getting back to elon musk and that big reveal, the model y, in the next hour. we will talk to our tesla expert. i want to know if this new suv will help turn tesla around and make it the mass market company it's always said it would eventually be.

charles: checking the big board, all the major indices high. the dow is up slightly. the s&p is near a major breakout point. we have to point that out because it could trigger buying later if it happens. it's a tight job market out there. shake shack now getting creative in ways that it's trying to attract and keep the best talent. susan li is live at the new york stock exchange. what are they doing? susan: a four-day work week. we know this is the best employment market in 50 years, tight labor as you mentioned and it's tough to match the skill sets with the right jobs. shake shack is trying out something new. they have been innovative in their burger. they are a cult burger chain. they will try something different in the restaurant space which is not, by the way, we usually don't see the four-day work week because we are used to long hours when you work in the kitchen. they are testing this out in las vegas right now. labor cost is a big concern for restaurants. we are looking at slimmer margins and have to pay out more in average hourly earnings, that

brings down profit. in fact, i was surprised by this statistic, the average hourly earnings non-supervisory roles at these limited service restaurants went up 4.5% in a year through january, one full percentage point higher than all average industries. labor costs is a big concern. shake shack outperforming, up 33% the last year. back to you. charles: before i let you go, are they cutting hours? susan: you have to cut hours. it's labor costs so it's a four-day work week, i guess people get more time to rest up and they pay out less when it comes to actual earnings. it looks better on the bottom line for them. charles: i always say if i ever run for president, that's my only platform. four-day work week. we will work 40 hours in four days. i think i could get elected on that alone. i got more than beto, that's for sure. appreciate it. now this. tesla unveiling its suv crossover called the model y. joining us, fox news automotive

editor. gary, what are they doing, unveiling another model, they are still trying to get the american public to embrace some of these other models. it feels like they are grasping for straws. >> they like keeping the ball rolling. this isn't even going to be on sale until fall of 2020. you can order one now. interesting to see how many people put down $2500 to buy one of these. if it's 100,000, 200,000. it's money in the bank and tesla likes that with preorders that it offers. this is a car it probably should have sold before the model 3. it's the hottest segment, the small suv segment. they could have never done it for $35,000. the cheapest one of these is going to be $39,000. charles: and the anxiety issues, we already saw, you know, that came up again with this latest model, it's going to be less expensive but shorter range. do you care about that with a crossover or suv? >> actually, it will have almost the same range depending on which one you buy. they will have the same lineup as the model 3 and each will be

about ten miles less range than the model 3 they are based on. it's basically the model 3, just a little bigger. a lot of the technology is the same. charles: are you happy with it aesthetically? >> it looks exactly like what you expected it to look like. it's not very exciting. charles: it misses the wow factor. >> this is a segment where a lot of the cars have very outlandish designs. this one is pretty straightforward. they really didn't take too many chances on this. again, tesla is its own thing already. maybe it doesn't need the crazy styling. it's a handsome looking little hatchback but it's not really pushing the limits like some of the other crossovers do. charles: thank you very much. appreciate it. let's check on the dow 30, folks. you can see we are kind of sideways. about half the stocks up, half down. boeing the biggest loser. big tech names at the top of the leader board there. meanwhile, delaware wants to make opioids more expensive. they think a new tax could help in the fight against this epidemic. we will get the doc's thoughts on that next.

as the one who is always trapped beneath the duvet i'm begging you... take gas-x. your tossing and turning isn't restlessness, it's gas! gas-x relieves pressure, bloating and discomfort... fast! so we can all sleep easier tonight.

all of you. how you live, what you love. that's what inspired us to create america's most advanced internet. internet that puts you in charge. that protects what's important. it handles everything,

and reaches everywhere. this is beyond wifi, this is xfi. simple. easy. awesome. xfinity, the future of awesome. in honor of my dad, who was alzheimer's. i decided to make shirts for the walk with custom ink, and they just came out perfect. - [announcer] check out our huge selection of custom apparel for every occasion. you'll even get free shipping. get started today at customink.com.

charles: all right. checking on the big board, dow up 36 points for now. meanwhile, the s.e.c. charged volkswagen with defrauding bond investors. want to go back to susan li at the new york stock exchange.

what's going on? susan: remember 2015, when volkswagen admitted it cheated on emissions standards? basically it knew these cars emitted more than were actually seen in these tests. now the s.e.c. is charging volkswagen and former ceo martin wintercorn for defrauding investors because during that time, knowingly putting these cheating emissions into their cars, they erased $13 billion in corporate debt short and long term. the s.e.c. is saying volkswagen and its ceo knowingly defrauded investors. we know that there are billions in civil suits around the world. back to you. charles: delaware proposing an opioid tax on drug manufacturers. joining us, dr. marc siegel. is this just another tax or will it really be able to curb this menace? >> you know, i'm usually cynical

about taxes like you are, but in this case, i like how it's tailored. it failed before. to answer your question, it's not going to curb opioid use but you know what it is, it's targeting the drug manufacturers who delaware is already suing says you guys enabled doctors, you promoted doctors, you greased the hands of doctors. i have always said, you know i always said doctors still have the primary responsibility here. still, the way this tax works is it's a lot lower on generics, a lot higher on brand names that tend to be overused and here's the key point. it raises $8 million over three years that's going to be used for opioid programs, for people that need rehab, for people that need to get off the stuff, for using opioid antidotes. i like that use of the money. charles: let's just hope that would be the case. we hear that kind of stuff all the time. >> exactly. charles: we have core watchers who have been with the network a long time. they reach out and say why are you guys always doing this because i need opioid medicine,

i suffer from tremendous pain. so you have this new tax. will that make opioids for legitimate use more expensive? >> let's hope not. i'm really glad you brought this up because you probably saved me about 7,000 tweets because i want to point this exact point out. there are people that nothing else works for. medical marijuana may be useful for them. there are other alternative approaches. i like heat, i like chiropractic, i like yoga, i like acupuncture but there are those who have had tremendous injuries in the war who lost limbs or have fractures, there are definitely people that need opioids. we should make sure they can get them. that's up to a physician. i think if you overregulate this, you will -- charles: the idea you make it more expensive, we know it makes it harder to abuse them but also for other folks. >> they are way overused but i agree with your point. charles: the city officials in portland, oregon want to drbloc

the roll jouout of 5g. they are afraid of unknown health risks. it gets back to this idea that maybe cell phones are bad for us, all these invisible beams in the air having a deleterious impact on our health. >> i'm a little cynical here because one of the reasons they are doing this is because the fcc is trying to limit the amount they can charge for franchising within the city of portland. they are fighting back against fcc trying to clamp down on how much money they make. they are hauling out this health argument. that's number one. in terms of the health argument, i do want to say the national toxicology program just came out with a huge study on 7,000 mice and rats. yeah, mice and rats, not people. showing that prolonged exposure to radiofrequency waves could lead to increased cancer risk. that's not people. here's the bottom line. i love 5g. it's going to be great for medical uses, for surgery from far away, we have talked about it. i don't think the health risks have risen to the point where it

should be banned. absolutely not. charles: i believe we accept it as a society at this point. >> it's useful. charles: thank you very much. appreciate it. nasa reportedly has a list of complaints against boeing 737 max jets. these are from pilots and stretches back months. coming up, we will talk to nasa administrator jim brindenstein. america's top generals saying google's work in beijing benefited the chinese military. a lot more on that, too.

charles: 10:00 a.m. on the west coast, 7:00 a.m. out west. the markets are sort of mixed here. the dow hanging on barely to gains. the other major indices significantly higher. liz: we don't have a number -- whoa. 7.581 million, looking for 7.31 million. what a big beat! this is really a smoking hot market right now, job market. charles: this is so remarkable. we just talked to susan li about how non-supervisory workers particularly at places like fast food restaurants are seeing their wages grow faster than the whole. non-supervisory, so-called low-skilled workers getting raises. this is what's happening. this country has never seen this kind of job opening before. 7.5 million job openings. this is remarkable.

i want to bring in david bonson on this group, bonson group cio. again, we have had five months in a row where wages have grown more than 3% year over year. 7% for non-supervisory workers, the regular heartland out there getting a raise. i think it's remarkable. >> well, it really is and there's another metric, too. the wage growth has been fantastic and gone are the days where people are saying that oh, no, what do we do, wages are growing. that means inflation. people are understanding this is productive wage growth but also that underemployment number is at lows we haven't seen since years before the financial crisis meaning people that are working part-time when they want full-time, that number stayed so high, that number's come way down. really positive across the board. charles: yeah. that last jobs report last friday, we saw part-time for

economic reasons, go down 800,000 in a single month, to your point. when you say people, do you mean the federal reserve? the fed is not going to ruin this? >> no. i don't think it's just -- i mean, the fed operates off of a philosophy that you know i don't agree with, the so-called phyllis curve that believes a healthy jobs market is inherently inflationary. that's a prevalent economic theory that so many have believed. i thought the whole decade of the 1970s proved it wrong but there are still phillips koicurs out there and they're wrong. you can have the price level going up for unhealthy reasons but that's not what's happening here. consumer price index and the different numbers the fed looks at are staying relatively stable and wages are growing, productivity is going higher. that's what a good economy does.

charles: want to shift gears a little because i know you love energy. you say it's leading the way for this market overall. state your case there. >> yeah. you do have the oil price itself up 28%, 29% on the year but our case has never been dependent on the actual price of oil or actual price of gas going higher. what you see this year is that the so-called energy infrastructure is really starting to catch a bid. the oil and gas pipelines are up about 15%. they are offering investors over 7% yield, a yield that is now being paid entirely from free cash flow of these companies as they have oil and gas running through their pipelines, and all of this is before we have even begun the exporting wave that i think is going to represent the next ten years of american economic life. charles: of course, i want to bring up you are the author of "the case for dividend growth." in a market like this, how does that -- how does our viewer

implement that in their investment approach? >> yeah, i think you want to find those companies that are not so heavily indebted that their dividend is vulnerable. when you have a ton of debt on your balance sheet, when things turn on you in the economy, which will happen, we saw what happened a few years ago when oil prices dropped 70%, so all of a sudden, you have projects that were drawing up and margins that compressed and it makes the dividend vulnerable. you look at exxonmobil, at chevron, those companies that have kept not only their dividend, but the growth of their dividend. charles: let me jump in here one second. we have some breaking news. >> -- reliable companies that are right now very attractive valuations. charles: hold on one second. we have breaking news. liz: u.s. consumer sentiment is exceeding forecasts, coming in at 97.8. forecasts on income optimism popping higher. we should be mindful that since

1952, that average for sentiment is around 87. for it to come near 98 shows that consumer confidence is rebounding after the shutdown spending is coming in. that's another positive for the market even though the market is trending flat right now. charles: david, i put forth the theory that u.s. media almost talked our country into a recession in december. i stated my case based on the news, the headlines from major news organizations and periodicals, and a sharp increase in savings, we went from 6.1% to 7.6% savings month over month despite the fact that incomes went up 150% more than wall street anticipated. it feels like that angst from december is fading and people are becoming optimistic again. your thoughts? >> they absolutely are. the only thing i want to add because i don't disagree with anything you are saying but i will add to it. it's the business confidence number that i feel is more important in terms of

sustainable economic growth and so to see the consumer be so confident, yes, the shutdown now ending but also, let's face it, the stock market jumped double digits in the first month and a half of the new year. there's plenty -- and wage growth and all that. plenty of reason for the consumer to be happy. but we need to see business investment, we need to see small business optimism and business confidence get back. it fell off a couple quarters and i can't really blame the media for that. i think that those numbers are coming back higher and you will have a very strong 2019 in the u.s. economy. charles: have a great weekend. always great talking to you. appreciate it. >> you, too. charles: folks, take a look at this. tweets from president trump. i look forward to vetoing the just passed democrat inspired resolution which would open borders while increasing crime, drugs and trafficking in our country. i thank all of the strong republicans who vetoed to support border security and our

desperately needed wall. joining us, pennsylvania congressman. congressman, you know, this was an interesting situation because president trump met with these senators, stated his case over and over again publicly and privately. some are seeing this as a major rebuke, potentially having longer term political damage. your thoughts? >> well, my thoughts, charles, are that 41 united states senators voted to secure our border and work with the president on enacting the national emergency act which is within his constitutional right. i think lindsey graham put it very well, he's on very sound legal ground. you know, if you look for a problem, you usually can find a reason not to do something. we in the house are very well united on this. when the president vetoes, it comes back to the house and

we're not going to override it. we have border security, it is indeed a fact, this was voted down in the house because largely the democrats denied the idea that we have a crisis at the border. i just spoke the other day with the border patrol agent who was down there for 12 days and described to me the terrible incidents and the number of people coming across. last month there were 76,000 that were apprehended. there are drugs. he confiscated himself 20 pounds of fentanyl, 70 pounds of meth. there is a serious border crisis by us not acting, it creates an incentive for more to come across. look, we have to get real for the american people. i'm going to be on the side of national security. as is the house, in standing with the president. charles: to your point, these numbers have swelled this year and it's almost -- do you think that anyone is taking their cue from our media, from the

democrats in the house that maybe the president is getting enough resistance that it's sort of rolling out the red carpet, because we have seen a 300% jump in families, 60% jump in children. the most vulnerable people making these long, dangerous treks to get to this country. those numbers just don't jump like that unless there's a reason for it. >> well, exactly. we are laying out a red carpet. we are giving messages that it is welcome entry. now we are already talking about the idea of giving amnesty for dreamers without securing the border first. something like that could occur but first you have to secure the border. i have a saying, high fences, wide gates. we have to have order and right now, it's a very disorganized situation that is deadly, that is a humanitarian crisis, that people are scattering in the desert at nights and this is eyewitness accounts, the coyotes are bringing them through, they are being completely taken

advantage of and many of them are bringing drugs across. in my district, heroin, cocaine, meth is way up in many districts throughout the country. it's a national crisis, it's a national emergency. the president said he's going to deal with it, he's going to veto this action and it's going to come back to us and we are going to build a barrier at the southern border. charles: congressman, thank you very much. appreciate it. checking on the market here, the dow again has been just under pressure all morning long despite two of the three big news items we were looking for this morning coming in much better. industrial production, that was a major disappointment. that set the market moving lower. also, let's check on tesla. they are unveiling their model y. 300 mile top range crossover suv, it starts at $39,000.

underwhelming, is the way to put it. oracle reported last night along with adobe. both of them are under significant pressure, in both cases disappointing guidance on revenues for the rest of the year. now to this. israel retaliating, striking 100 targets in gaza after rockets were fired at tel aviv. three weeks before israel's elections. secretary of state mike pompeo heading there next week. we are on top of that story. president trump says quote, the potential is unlimited when it comes to a trade deal with the uk. i will talk to someone who has advised the president on trade and what type of deal would he want. plus, a top military official says google's work in china is quote, directly benefiting china's military. the question, google is okay helping the chinese military but not ours? you can believe we are on top of that. you are watching the second hour of "varney & company."

charles: take a look at the big board, accelerating its losses to the downside, off 30 points. check ulta. my goodness. just a juggernaut. the company hit a record high just after they beat and you can thank kylie jenner for that. no need to argue whether or not she's self-made. she just made a lot more. also, whirlpool, the stock under a tremendous amount of pressure. in fact, one of the top percentage losers on the s&p this morning. now to north korea. listen to what secretary of state mike pompeo just had to say.

roll tape. >> in hanoi on multiple occasions, he spoke directly to the president and made a commitment that he would not resume nuclear testing, nor would he resume missile testing. so that's chairman kim's word. we have every expectation he will live up to that commitment. charles: joining us is joel rubin, former deputy assistant secretary of state. joel, the north korea summit didn't end well and it feels like it's gotten worse. what do you make of it? >> looks like diplomacy is on its deathbed, unfortunately. chairman kim's word cannot be trusted. we need to have an agreement with north korea but in the interim, we need to have things on paper. really trusting his word is very thin gruel. unfortunately, secretary pompeo doesn't have much to go on beyond that failed summit. that's a real danger for our country and for the region in asia with north korea's nuclear program. charles: although it's fair to say that walking away from a bad

deal was better than -- would have been better than doing any kind of deal, right? >> absolutely right. a bad deal would very much lock in a north korean nuclear program that we don't want to see. here's the problem. the president has in a sense given up his most powerful cards. he's given credibility to kim with two high profile meetings and really doesn't have anything locked in on paper to show for it. he needs to have more prep work done. he needs his team to be willing to be more flexible. they need to get something tangible out of north korea. promises are not enough. charles: i have heard that somehow president trump has given credibility to kim. what world leader holds kim jong-un in higher esteem now? >> well, in higher esteem, the chinese -- charles: what credibility does he have now that he didn't have a year or two ago? what nation outside of china saying wow, this guy is, you know, i hear that but i'm not sure i agree. i don't know what country in the world holds him in higher esteem

than they did a year ago. >> it's a great question. diplomacy matters and the president meeting with kim is not in and of itself a problem or a mistake. the danger now, though, is that by meeting with kim, he has demonstrated that kim is normalized in a direction where we don't have to keep the pressure on north korea through sanctions. so other countries, russia, china in particular, they feel less pressure now that there's a calming of the tensions and that paradoxically reduces pressure on north korea to actually make deals. it's a tricky balance. the president, meeting is good but you have to have results of these meetings. charles: i do want to ask you about the middle east, israel retaliated with dozens of air strikes in gaza after two rockets were fired toward tel aviv last night. it's sort of like here we go again. what do you make of it all? >> yeah. it's really scary. i have friends and family in tel aviv so on a personal level, it is frightening. hopefully things will calm down. looks like egypt has stepped in to do so. but this does point to the

bigger problem which is that there is an israeli-palestinian conflict and we need to get in the middle of it. right now, the trump administration unfortunately is not speaking to the palestinian moderates who can calm down this situation and can deal with hamas. we need to get everybody in the room and we need to ensure that the u.s. is involved in israeli-palestinian peacemaking. charles: i don't want to sound flip, but isn't it oxymoronic to say there are palestinian moderates who have the ability to sway opinion right now? is there a person or entity there that really can do that at this moment? >> yeah. it's an underreported story that american taxpayers have been spending hundreds of millions of dollars to train palestinian security forces in the west bank, and that has been effective. terrorist attacks from the west bank have practically died down to nothing and the palestinian authority leadership has been a partner with israel in security cooperation there. so it can be done. it's not easy. hamas is a terrorist organization and they have

conflicts with the palestinian leadership but this community needs to lean in. right now, unfortunately, the trump administration has cut off aid to the palestinians which many israeli security officials are concerned about. charles: joel, thank you very much. appreciate it. now this. busy day for president trump. later this hour he will head to the pentagon. there could be some breaking news there. we want to monitor it for you and will bring it to you of course as soon as it happens. then president trump is expected to veto the resolution signed by the senate and house that blocks his emergency declaration for the border wall. we are on top of that as well. m. it turns out, they want me to start next month. she can stay with you to finish her senior year. things will be tight but, we can make this work. ♪

now... grandpa, what about your dream car? this is my dream now. principal we can help you plan for that . but when i started seeing things, i didn't know what was happening... so i kept it in. he started believing things that weren't true. i knew something was wrong... but i didn't say a word. during the course of their disease around 50% of people with parkinson's may experience hallucinations or delusions. but now, doctors are prescribing nuplazid. the only fda approved medicine... proven to significantly reduce hallucinations and delusions related to parkinson's. don't take nuplazid if you are allergic to its ingredients. nuplazid can increase the risk of death in elderly people with dementia-related psychosis and is not for treating symptoms unrelated to parkinson's disease. nuplazid can cause changes in heart rhythm and should not be taken if you have certain abnormal heart rhythms or take other drugs

that are known to cause changes in heart rhythm. tell your doctor about any changes in medicines you're taking. the most common side effects are swelling of the arms and legs and confusion. we spoke up and it made all the difference. ask your parkinson's specialist about nuplazid. want more from your entejust say teach me more. into your xfinity voice remote to discover all sorts of tips and tricks in x1. can i find my wifi password? just ask. [ ding ] show me my wifi password. hey now! [ ding ] you can even troubleshoot,

learn new voice commands and much more. clean my daughter's room. [ ding ] oh, it won't do that. welp, someone should. just say "teach me more" into your voice remote and see how you can have an even better x1 experience. simple. easy. awesome. charles: checking the big board, we do have the dow under some pressure but buyers keep stepping up. still, we're down 13 points. of course, let's check these big

tech names, momentum names. we check them every single day. sort of maka mixed picture. apple looking good. amazon got a strong upgrade today with a target well over 2,000. microsoft also up. facebook is your big, big loser at the moment. speaking of winners, zion williamson back on the court last night for duke. remember, he hurt his knee after that nike sneaker he was wearing during a game last month exploded. susan li joins us from the new york stock exchange. the impact of nike stocks as zion is back. susan: you saw the highlights, still the most exciting college player in a generation. he wore the kyrie irving higher top shoes, and nike taking a bit of a hit after sneakergate in that carolina game. nike has recovered, in fact, it's up some 17% so far this year. they are set to report earnings

next week and we are expecting a pretty good report card. webbush says the stock should be worth 11% more than it is today because in that report card next week we will see product costs go down, margins go up, less discounting, more sales at dick's sporting goods, at kohl's and also foot locker. that should be encouraging as well. zion williamson looked pretty good last night. charles: didn't look rusty at all. yeah. all right, susan, thank you very much. now to video games. professional gamer ninja got a pretty big paycheck from electronic arts for promoting the launch of apex legends. how much did he get? liz: a million bucks. a million smackers. this is tyler blevins, the word's most followed computer gamer. he's formidable. here's what happened. apex legends basically launched last month, so he, tyler, ninja, has 13 million followers on

twitch. within three days of this game's launch, when he started playing it, it's a free to play game, ten million signups. for that he was paid $1 million, about double what he makes monthly. this is a real epic knock-down fight between epic games and other game players. epic's fortnite is another top play of a game, video game to play. so they came out big with ninja to get on the apex legends game. charles: worked out for both. electronic arts' stock bounced back $4 billion. worked out for both. much more on sports and gaming later in the hour. i will be joined by the head of the liverpool football club, stu's favorite topic. bet he's sorry he took the day off on this one. let's check the big board again. we are sort of moving sideways. lot of pressure on the dow which at one point indicated to be up as much as 150 points. more after this.

your daily dashboard from fidelity. a visual snapshot of your investments. key portfolio events. all in one place. because when it's decision time... you need decision tech. only from fidelity.

you need decision tech. moving? that's harder now because of psoriatic arthritis. but you're still moved by moments like this. don't let psoriatic arthritis take them away. taltz reduces joint pain and stiffness

and helps stop the progression of joint damage. for people with moderate to severe psoriasis, 90% saw significant improvement. taltz even gives you a chance at completely clear skin. don't use if you're allergic to taltz. before starting, you should be checked for tuberculosis. taltz may increase risk of infections and lower your ability to fight them. tell your doctor if you have an infection, symptoms, or received a vaccine or plan to. inflammatory bowel disease can happen with taltz, including worsening of symptoms. serious allergic reactions can occur. for all the things that move you. ask your doctor about taltz.

charles: checking the big board, dow up ten points here. your other major indices, though, right now looking better. all of them could be up for the week. nasdaq could be up 11 of the last 12 weeks. now to this. president trump says he wants a trade deal with the uk, united kingdom. roll tape. >> i'd like to see that whole situation with brexit work out. i'd like to see so you know, we're talking to them about trade. we could do a very big trade deal with the uk. charles: joining us, curtis ellis, former trump campaign trade and jobs adviser. curtis, you know, your thoughts on this. i thought it was interesting because he made the comments before the most recent brexit vote. i don't know if president trump was trying to influence it or not, but you know, anyone out there who wants to see the march

29th deadline adhered to, move on, do these kind of trade deals, this is what it was all about, right? >> that's right. contrast what president trump said with what president obama said before the brexit referendum, that well, if britain does this, they are going to have to get in the back of the queue if they want a trade deal with the united states. charles: it was a direct threat to hey, don't vote for this, which many people in the uk actually believe is a modern day independence vote to get away from the eu. >> exactly. a trade deal with great britain makes a lot of sense. they're the largest foreign direct investor in the u.s. we're the largest investor in great britain. we are the number one country export market for great britain. they're number for for us right behind canada, mexico and china. so it makes a lost sense for us to have a bilateral deal with great britain. bilateral deals is what president trump likes, what bob lighthizer likes, ambassador lighthizer, our trade representative. that used to be the way it

worked with america. we would trade with our friends. somewhere along the line we got this idea that well, anybody we trade with will become our friend. charles: and they will be a good actor and won't subsidize industries and won't use tariffs. i think i remember that story. you know what's interesting, also, look at mexico. they have 40 or 50 independent bilateral trade deals which makes them so much more formidable than we are. it's easy to see that these things work. it won't be mutually exclusive. the uk can do things with the rest of the world including the eu. >> right. exactly right. the bilateral model is a good model and it's one that has served us well throughout history, and speaking of mexico, i was speaking with bob lighthizer the other day, i was with him, and he was saying how important it is for us to get this usmca, the mexico u.s. canada deal nailed down because

that is going to be key for people believing that we can take on china. charles: sure. sure. can you handicap that? because could it become part of the sort of never-trump politicalization we have seen in everything else, even though democrats should love this deal? >> that's right. charles: they should love it. unions love it. unions have already come out and said thank you. folks in the midwest have said thank you. you are bringing jobs back. will the democrats dare to go against this just to spite president trump? >> that's the danger among the progressives, even though the most progressive opponents of all the free trade deals acknowledge that this is a better deal than we had with nafta, and it goes in the right direction. charles: it's the same folks acknowledged we need border security, just not a wall. >> right. right. the question then becomes, do the democrats want to die on the hill of we're going to reject this better deal for american workers because it doesn't do enough for the mexicans. the mexican labor standards. that's what they're saying.

oh, we need better enforcement for mexican labor standards. oh, so you're going to reject a deal that's good for american workers because it doesn't do enough for the mexicans. charles: it certainly would be thin political ice for them. i do want to ask overall, we get different messages going back and forth with respect to this china trade deal, i don't have a problem with the meetings being pushed out because to me it means the administration is probably working for the right deal, not to expediate something for a head line. >> that's right. i'm not revealing any confidences here. ambassador lighthizer recounted a conversation he had with president trump during the last time the chinese were over here, he said he gets a call from the president and the president says look, if it's not a really good deal, don't do it. don't do it. that's what we need. we are talking about not quarterly earnings, we are talking about the next 60, 70, 80 years. charles: thanks a lot. always appreciate it. earlier, we told you youtube was still showing videos of the

shooting in new zealand. we have an update. liz: it's been taken down. you know, this is the issue that's happening, watching the headlines. globally, there's reaction pouring in. when the uk minister stepped up and said listen, youtube, google, facebook, twitter, you got to do more to stop extremism, it appears that video was still up on youtube at the time that statement, more than an hour ago. just within the last half hour or so, youtube which is owned by google has taken it down. this is a continuing problem for this violent content. again, a terrorist, white supremacist reportedly wearing a body cam, posted a video and was talking about it on a blog site, according to reports, saying go to facebook, watch this video, it's coming, previewing that it was coming. 17-minute video has now been taken down. charles: thank you very much. we do want to stay in new zealand. again, at least 49 people there

are dead after a shooter targetedtarget ed worshippers at two mosques. joining us, raheem kazem, human events global editor in chief. raheem, how much of a problem does livestreaming and other incidents like this, how much of a problem do you see it being for facebook and that whole industry? >> look, i think it's extraordinary, the tech companies now are drunk at the wheel with power. they are able to very quickly sense a political opinion, political discourse that they don't like, but when it comes to things like this, in very very severe and extreme incidents, they seem to be asleep at the wheel. so questions need to be asked as to what kind of efficacy there is behind their maintenance, their demand, they are the guardians of the free speech galaxy at the moment, and look, i think the problem is this.

we have these entities that are somewhat public utilities, somewhat private companies, and they can't decide whether they are more interested in the profit making side of things or in being these arbiters of speech and platforms of discourse. charles: having said that, you're not suggesting, though, that facebook would deliberately allow these sort of videos to linger. they must be making some attempts at making this -- mitigating this problem. >> what i'm saying is i think for the past couple of years, they have focused their efforts in a different direction than actually dealing with immediate problems like this. they have focused their attention on the direction of building these algorithms which ban conservative opinion. i think it's a much more serious thing than conservative opinion that they actually stop these things happening. we saw the same thing a couple years ago with twitter, when the islamic state was uploading videos to twitter and it took time for those things to come

down. i just think these tech companies, they behave like the queen bees for so long and their arrogance is what's leading to a lot of this terrible stuff going on. charles: meantime, to your point, they are now taking hits from all sides. they have lost the sort of halo that they were the good guys, no one believes that anymore, even progressives. so folks on both sides of the political aisle, on both sides of the atlantic, around the world. do you think they continue to circle the wagons or do you think there could be some real changes because if not, there's no doubt there's going to be more government intervention. >> well, look, elizabeth warren said this recently, talked about breaking up the tech companies and actually, she gets -- she sort of jumped the gun in terms of where president trump needs to be and where president trump's supporters want him to be on this. there is, i understand there is a wide element of the conservative world that doesn't like government intervention but there are increasing calls, because conservatives feel so hard done by on social media.

for some level of intervention. it may be legislative intervention, it may be an executive intervention by the president, but believe me, people are sick and tired now of feeling like, you know, they for some reason can't express themselves. charles: thank you very much. really appreciate it. >> thank you. charles: speaking of tech, let's check microsoft, because moments ago, the stock hit an all-time high. no wonder stuart took the day off. all right. now there's this. in the next hour, we are talking space. nasa has been working on a new way to get astronauts to the moon and this time, they might use a commercial rocket to do so. we will be talking to the head of nasa in the next hour. first, a top military official says that google's work in china is directly benefiting the chinese military so the question, google, okay with helping china's military but not ours?

liz: before his remarks on foreign policy this morning, secretary of state mike pompeo took a moment to express his condolences to the citizens of new zealand and the victims of the mosque shootings. >> i want to offer my personal condolences to the nation of new zealand in the wake of the grotesque mosque attacks in christchurch. the thoughts and prayers of the american people are with the victims and their families today. the united states condemns this hateful assault. we pledge our unwavering

solidarity with the government and people of new zealand in this hour of darkness. and we stand ready to offer any and all assistance. as the one who is always trapped beneath the duvet i'm begging you... take gas-x. your tossing and turning isn't restlessness, it's gas! gas-x relieves pressure, bloating and discomfort... fast! so we can all sleep easier tonight.

charles: check on the big board here. we are dripping, dripping,

dripping, getting lower and lower here. dow off now 46 points. the other indices still higher for the day. general dunford, chairman of the joint chiefs of staff, telling congress that google's work with china is directly benefiting their military. roll it. >> when we watch with great concern when industry partners work in china knowing that there is that indirect benefit and frankly, indirect may be not a full characterization of the way it really is. it's more of a direct benefit to the chinese military. charles: joining us, the author of "bully of asia." steve, you agree with general dunford? >> absolutely, charles. there's no question that everything that happens on the civilian side of the economy in china directly benefits the military. i think general dunford was actually understating the case. if you go back to their plan 863 which has been in place in china for a couple decades now, there's an element of the plan which says let the civilians

support the military. that's not a request. that's an order. so everything that happens in the civilian side of the economy that has dual use possibilities plays directly into the military. i have to say, i'm just astonished that an american company would, on the one hand, refuse to cooperate with pentagon defense projects and yet set up an artificial intelligence center, its major artificial intelligence development center in china, a one-party dictatorship. you know, think about artificial intelligence in china. that's one of the 11 high tech areas in china 2025 plan that china wants to dominate. what china's military wants to do with artificial intelligence is set up things like autonomous killing machines. what is that? it's a terminator. we all saw the movie. that's what they want. charles: i have read articles that they will take this technology and have the ability at some point maybe even to blow

up our own stealth submarines. i don't know if the american public knows just how dire this situation is. is there a fine line for any of these american companies, you know, that want to access the most populous country in the world, the second largest economy in the world and one that's growing, how does google, for instance, fit in or any of these other tech names where the know-how could be stolen and used against this country? >> that's a really tough question. you remember nine years ago, google did the right thing. the chinese government came to google in 2010 and said you have to put all your servers in china, you have to tell us everything that goes through and so we can arrest human rights offenders, we can arrest dissidents, we can arrest people who criticize the government. google refused to do that in 2010, moved all of its servers to hong kong, lost its market share. market share in china went from 36% down to 2% but they decided

a couple years ago they were going to go back into china for some reason. that was at the time when they changed their motto from don't be evil to do the right thing, but doing the right thing does not mean going into china and helping them to develop artificial intelligence. you know, lenin famously said the capitalist will sell us the rope we use to hang them but even he would be astonished at an american i.t. company going into china and helping to build the gallows. charles: on top of that, these employees at google that for whatever reason, don't -- they haven't voiced any opposition to this, but are adamant about not helping america defend itself. it just boggles the mind that we can actually have folks at these major companies that have this much resentment that they are allowing us to be vulnerable, all citizens of the country. >> yeah, it's amazing. everybody at google needs to understand that china is in a cold war with the united states.

if a country is in a cold war with you, you are in a cold war with them whether you want to be or not. china has openly said that. it has openly tried to replace the united states as the dominant power on the planet. it is hoopenly persecuting peop of religious beliefs and they have the worst human rights record in the world. the human rights record just came out yesterday from the state department. mike pompeo made a point of pointing out that china is probably one of the worst offenders in the world when it comes to human rights. so one what are the young programmers at google thinking? don't they read? don't they understand they are living in the most democratic, freest society the world has ever seen? charles: perhaps not. thanks a lot. appreciate our conversations. i bet stu might tune in for this segment, because next we will talk to the head of the liverpool football club which is now turning to e-sports to get more people interested in the game. the question, of course, is it

working? check on the big board. dow again, just sort of listless, moving slower and slower to the downside. all your major indices still on pace to be up this week. more than 1%. we'll be right back.

charles: all right, folks, dow

is off, although we were down 50 so we're right there. your other major indices are up. as you can see on the bottom of the screen, we are still up or poised to be up for the week. i want to check shares of johnson & johnson now. yesterday, we told you about that $20 million verdict in california, a woman who claims the company's talcum powder caused her cancer, was rewarded the money. j & j sent us a response to the story. we want to share it with you now. quote, we are confident this case will be overturned. it remains true that every adverse verdict in the j & j talcum powder cases that has gone through the appellate process has been overturned. j & j is also still appealing a $4.2 billion verdict in st. louis. we will keep you abreast of all of that. so stu's not here but we will talk about his favorite topic and that's soccer. liverpool, in a very tight race for the premier league title, just had a big win in europe's champions league. joining us now is liverpool's

football club ceo, peter moore. peter, the question is, there have been major efforts here in the states and it still doesn't feel like soccer's getting that -- or football, if you don't mind, getting that traction that many had hoped. what still seems to be the stumbling block? >> well, i think the numbers would maybe challenge that, charles. here at liverpool, our u.s. supporter base continues to grow. i think major league soccer is doing a phenomenal job. looking at the franchises that are growing, atlanta united i watch from afar with great admiration. i think the key is you are seeing the broadcast of the premier league here being a very important part of what people look like now in their sports broadcasting viewing, and premier league soccer, in particular, liverpool, the most watched team in the united states, is a very important part of that. charles: i want to ask you about also what you are doing with e-sports. can you talk to us about that? >> yeah. i think the challenge we face a little bit here as somebody who's been involved in video games for the past 20 years and

sees both the opportunity and threat before i moved over to liverpool is that the rite of passage that maybe we have expected in sports, i don't know whether you did it with your dad but certainly my dad took me to liverpool and you have this generational thing in which your love of the team and love of the sport is handed down almost organically. now we are fighting with so many distractions, so many different screens and platforms, that we need to go and first of all, present our sport in a relatable manner. e-sports is a great way to do that. it has everything traditional sports does. secondarily, the way sports are broadcast, the way we engage with our fans, we are in an arms race to get the best players and the best players in some instances are costing hundreds of millions of dollars, and we have got to be able to fwrgrow top line and engaging our fans to help with that is key. charles: no doubt about it. i believe you are making inroads with younger folks. i have nephews, younger relatives who love the sport. i think it's starting to work there. peter, thank you very much. appreciate it. >> my pleasure. charles: in the next hour, we are talking college admissions

scandal, companies cutting ties with ilo with lori loughlin and her daughter. the whole thing is fascinating. we'll be right back. [ telephone rings ] [ client ] - hey maya. hey! you still thinking about opening your own shop? every day. i think there are some ways to help keep you on track. and closer to home. edward jones grew to a trillion dollars in assets under care, by thinking about your goals as much as you do. i'm begging you... take gas-x.ed beneath the duvet your tossing and turning isn't restlessness, it's gas! gas-x relieves pressure, bloating and discomfort... fast! so we can all sleep easier tonight.

charles: check the big board. we are getting a little better. we were off more than 50 points. of course, this is the top of the hour. joining us for this hour, we've got the man himself, david asman, host of "bulls & bears." e-mac is still with us, host of "the evening edit." we will start this hour with the markets, folks. the dow jones industrial average off 19, but the other major indices are higher and we've got a pretty good week going here, some pretty good economic data this morning. one report putting some pressure on the big board. we also have some developing news we want to share with you right now. the president is about to meet with the nation's top security officials at the pentagon in washington. we are going to of course be sure to bring you anything that he says and any updates from that meeting as well. want to get to senate vote, of course, the senate voting against president's national emergency declaration. on your screen right now, we are

going to put this up, 12 republicans who broke with president trump and vetoed to reverse the declaration, voted, rather, i'm sorry, against president trump on this. so president trump tweeting shortly after this vote passed, quote, i look forward to vetoing the just passed democratic inspired resolution which would open borders while increasing crime, drugs and trafficking in our country. i thank all the strong republicans who voted to support border security and our desperately needed wall. want to bring in an advisory board member for president trump's re-election campaign. madison, first question of course is does congress have enough votes to potentially override president trump's veto? >> no. they're not in any way, shape or form going to be able to override this veto. you look at the senate specifically, even with the 12 votes they were able to obtain to support the resolution, they are only at 59, they need 67.

it's not going to happen. the veto will go through and the president will continue to protect the united states of america and serve the will of the american people. this is what he campaigned on, this is what he promised and this is a promise that's going to be kept. charles: today is the ides of march. the assassination of julius caesar. he was turned on by his friends. et tu, 12 gop senators. is there something we should know about these 12 senators who put their own personal ideology, if you will, against the president's goal and his number one campaign issue? >> you know, some of these senators i'm not surprised by. i know the president wasn't surprised by. some of them, i was more surprised by, like senator rob portman here in ohio. i don't think he made the right decision in his vote and i do think what the president did was in line with the law. he followed the law that was put in place by congress. it's ridiculous they would say anything otherwise, saying this is going against the constitution. they're wrong. i think not only will the veto go through but we will see that as this continues to go through the courts as well.

charles: ultimately, i think we will be able to get the judicial clarification on this, maybe even going to the supreme court. so we'll know whether or not it's constitutional or not. i'm not sure if any of these folks will come back and say i was wrong. but looking ahead, we've got budgets coming up, we have some other issues coming up that do you think other lawmakers on the republican side will be now more emboldened to go against the president based on their own individual ideology? >> well, i would hope that that's not how any lawmaker ever votes, based on going against the president. i think they should always vote for what's right. and what's best for the american people. that's why they were elected. that's who they are there to serve. i hope they continue to do that. the ones who aren't doing that, i hope they reanalyze why they are voting against things because that's not what they are there to do. charles: of course, since this really, this border wall situation, two or three months ago, the media kept saying it's not really a crisis, they were quoting a lot of data, mostly

2017 data. they didn't quote last year's data which did see an increase. since then, there's been an absolute explosion of apprehensions at the border, of families, we have had an increase of over 300% of families, an increase of about 60% in children. you know, the folks who are most vulnerable for this dangerous trek to this country. you are someone who speaks to lawmakers, particularly republicans. do republicans all understand just what's happening down there? >> i think most people are beginning to understand what's going on. we are seeing this incredible number of apprehensions at the border, that's going to rise. this is something that three, four, five months ago people were saying that's not going to happen. guess what, it is happening. we are seeing the number of deaths increase when it comes to opioids and when it comes to drugs. the state of ohio has been affected more than any other state and lawmakers here understand that. i hope they continue to look to that when they are talking about the border and they are voting on the border because the families that have been directly affected by this, whose kids,

sons, brothers, aunts, uncles, moms, dads have been killed by drugs pouring in through our southern border, they want to vote to protect the united states. charles: last year was a terrible year for that and suicides. thank you very much. now let's get back to the mosque massacre in christchurch, new zealand. at least 49 people are dead. the terrorist broadcasted the killings on facebook live. facebook shares under pressure all morning from this news and also two big executives bolted from the company as well. david asman is with us. i want to ask you, how do you feel about the way facebook has handled this so far? david: i think, again, i'm sure it's always easy to monday morning quarterback companies in this situation, but they are trying their best to keep it off. google, until recently, through youtube, had it up on their site or at least portions of what now has been taken down. i mean, every company, every social media company that had access to the tape is doing their best to wipe it from the

screen but let's face it, it's different when you have a billion people that had an opportunity to download it to their own devices and then spread it around, it's difficult to do. but as you were saying before, with the defection of the officials at facebook, et cetera, all of the prosecutions, investigations going on with facebook, it's been a very tough week for them. charles: at the beginning of the week, we started with the presidential candidate saying break them all up anyway. liz: elizabeth warren. charles: you aren't going to get a lot of political pushback from that on either side of the aisle. liz: that's an important point. you break up a company because consumer prices are going up, you know, so this would be a new front in the antitrust action to break up, because they are too powerful. usually, court case is about pricing. but the departure of the executives is a fascinating story. the chris cox, chief product officer over there, departmeidn the integration report indicated what zuckerberg's plan is to combine the back ends of what's

app messenger and instagram, encrypt them, make them really private. is it about e-commerce, in other words, those kinds of transactions, you know, the number of executives have been leaving, you don't want turmoil when you are under criminal investigation by u.s. prosecutors. there are so many different angles hitting facebook, the stock is clearly under pressure. charles: it's under pressure today. coming into the session, it had rebounded. david: true. charles: and you know, it's amazing because you wonder what mark zuckerberg is thinking about, particularly when it's this model. he's talking about a significant change in the business model and i don't think a lot of people believe he's going to do it. david: well, there is also the fact that because they were the pioneers of social media, that they became the target. we have to remember in fact, there was a great piece by karen swisher, knows a lot about social media, writing in the "new york times" today saying microsoft had very similar kind of scrutiny about 20 years ago, placed on it because people were worried about some of the very same things that they are worried about with facebook.

they went through a bad period, the stock was hit, then they came out of it. still, i think the market believes there's a way facebook is going to come out of it but right now, they are just buried under all of these investigations, all of these regulatory threats, and of course, the biggest one being the threat to break them up. liz: you know, quickly, the real problem is the business model. u.s. lawmakers are scrutinizing it. they say, facebook has said we are a town hall, a town square. then they say we are a media. then zuckerberg says you should regulate us as a media utility. when you have exemption under u.s. law from being sued because they exempted you from the third party content, that has to be taken into account right now given what's happening in new zealand. 48 are wounded including children. is this going to basically jump the shark right now, this story, the new zealand terrorist attack of a white supremacist. charles: even beyond that, the eastern district subpoenaed -- david: that's a criminal investigation. charles: criminal investigation.

thank you. now to boeing. nasa reportedly has a list of complaints against boeing 737 max jets. this is from pilots and it stretches back months. this hour, we will talk to nasa's administrator, jim bridenstine. america's top general says google is working with beijing to benefit china's military. coming up, we will talk to a company that works with google and she says china is, in fact, a threat and they want to steal our artificial intelligence crown. remember, the president meeting at the pentagon right now, it was just in the last hour that we heard from secretary of state mike pompeo. we will get a lot more what he had to say and what the president has to say as we get it from this meeting. stay with us.

charles: you are looking right now at the pentagon. president trump is arriving there. of course, we expect that he may also have some comments in addition to the agenda for this meeting. he may also have some comments on the massacre in new zealand as well. at some point perhaps during this hour, we may be able to bring you sound from that also. but president trump with a very,

very busy day in addition to this meeting, in arlington, virginia at the pentagon. the president also will be signing that veto against the senate and the house, by the way, who went against his resolution for the border wall funding. there you have it. president trump as he arrives at the pentagon. he's got a very busy plate, a lot of very dire issues and of course, the massacre that happened overnight in new zealand where 49 people are dead. vice president pence there with him. david, what do you anticipate, ambassador bolton also just going in. david: you know, the one thing that's definitely on the plate, i don't know exactly how much the president will deal with this with the military that he's going to be meeting with today, but the chairman of the joint chiefs of staff just testified yesterday in front of congress that google, which last summer decided not to do any workings with the pentagon at all, is now

working with china in a way that could benefit the chinese military. i mean, that's really an extraordinary mission and he said this general dunford, who is again, the chairman of the joint chiefs of staff, said that what they are doing directly, not indirectly, but directly benefits the military of china. maybe it's too much to say that they are our enemy but they are as close to an enemy as we have among the superpowers. they are a nuclear nation that have targeted our interests in their area and they have moved beyond that. so i would say that's going to be one of the items on his agenda. he's particularly concerned about that. charles: isn't the irony that as we try to cobble together this trade deal, now the central issue is on the theft of intellectual property, you know, some people argue in a free trade society that these companies that go over there do it on their own volition, they know they are going to be stolen from and are willing to do that in return for making money in china. you know, so google must want

access, obviously, to 1.3 billion potential customers, but you know, it's one thing for them to say we're willing to lose or have things stolen from us but is it another to be willing to risk it being used against us militarily. that's a whole different argument. david: a whole different argument. it's a great question, one that i don't think they have answered. they haven't directly -- we reached out to google yesterday, by the way, on this dunford comment, and the only thing they did was refer us back to previous statements that had nothing to do with china. charles: all right, i want to stay on president trump because he unveiled his 2020 budget earlier this week. in it, he detailed sweeping reforms of government programs like welfare. want to bring in jared myer, senior policy fellow at the foundation for government accountability. jared, now, you like what the president is proposing for welfare eligibility? >> i love it. it's very clear that in today's red-hot economy, people need to be able to be working or training or volunteering, putting their careers to the next step in order to be able to receive welfare.

that's exactly what the president in his budget outlined. charles: nancy pelosi called the budget cruel, suggesting that yes, we just got a jobs report out, mind-boggling, 7.58 million jobs. we have never had anything like that in this country and people are now starting to quit their jobs because they can get better jobs. but nancy pelosi saying there's a large swath of americans that can't, they don't have the skills to get in this game and what president trump is suggesting will hurt them and their families. what do you say? >> i mean, that's just offensive. how can you think that americans don't have the skills to fill these jobs and if they don't have the skills, of course they are going to get the training and take advantage of programs to try to enter the work force. the key is right now, we have created a system where people are paid to not work. we want to change that and president trump wants to change that to make sure that all americans are able to participate in this red-hot economy and move up in their careers. charles: yeah, no doubt about it. last month's 45,000 people left

the labor force, it's too easy not to get in this thing and it's unfortunate. i do have to ask about prison reform. i don't think the administration is getting the kind of credit that it should. this first act thing has been phenomenal. what are your thoughts on what they are trying to achieve with prison reform? >> well, the president's budgets are signaling devices. there's over $800 million in the budget to help prisoners successfully re-enter society, because as van jones said at cpac this month, republicans are now the leaders on criminal justice reform. they understand that when someone leaves the system they need to find a job or they are going to go right back to a life of crime or end up on welfare. charles: so who gets the credit for that? i don't think any of those other 16 republicans who ran against president trump would have pushed something like this. it has to be a maverick, political outsider, someone not necessarily wedded to traditional conservative or not

conservative, perhaps, but republican values. >> well, president trump put a lot of political capital behind the first step act but he's also following the example we have seen in the states. criminal justice is mostly a state issue in the u.s. and what we have seen is republican governors coming out and saying we've got employers who are just hungry for workers. we need to make sure that people who have spent time in prison or have a criminal record are able to fill these jobs and move past their mistakes and rebuild their lives and contribute to their communities. charles: jared, thank you very much. it is good news for everyone. by the way, i have some breaking news for you. we have a climate change protest happening all around the world, including new york. you see right there, new york and denver on your screen. this video right now, this is a group of students in denver, colorado, at the state capitol. another protest taking place in new york at columbia university, climate change a major political issue these days as well. apple is taking a firm stance on their push for privacy with this new ad released

yesterday. roll it. ♪ ♪ david: pretty good. charles: dude at the traffic light was just creepy. david: the shower curtain was a little creepy, too, actually. charles: tim cook has written editorials, he's talked about this, he's all in on this. only thing i'm kind of worried about for him is it's a heck of a way to make money, right. listen, we talked about the criminal eastern district and its investigation. some of the information facebook shared with others, apple was on the list of 150 companies. they have to be very careful

about this. this means he can never make money in this sort of model. liz: hard to market privacy as a product feature when the fear is that people are listening to you on your phone. this is a funny ad. it only used one line of text and showed in concrete form, nobody talking, just showing how important privacy is to people. that's a sell. david: we care a lot, i mean, this is our life now. i don't think we have ever had a product that had as much to do with every aspect of our life as this product. and he gets it and as you mentioned, the criminal investigations are ongoing so this is of great concern and he picked it up on the ad and i thought it was very clever. charles: great ad. not as good as the one, you know, that put them on the world stage, was it 1984, but it was a good ad. david: that's right. that's right. charles: now to sports. giants quarterback eli manning will be the highest earning player in the nfl. we are talking history of the nfl, when his latest contract clears. wait until you hear how much he's signing. i can tell you there will be people in this building upset.

david: yes.

charles: got to check on boeing. the stock made a very amazing reversal even though you can see it up 35 cents, it at one point made a ten-point reversal from the low of the session to the high of the session after the company announced that they will have a software fix for their 737 max jet family, they are saying it happens within ten days. any animosity, any doubt about that, folks, you think that will be enough? david: there's always doubt about these updates, particularly with all of the pressure that's on them now. if they come out with one update in ten days, if they manage to meet that deadline, i bet it's not going to be the last word we hear about it. charles: it is interesting how adamant they were after lion air that there was no problems, so this is a de facto admission things could have been better. liz: the issue with this whole sector, it's a duopoly. civil has to step in. charles: it really is like airbus can't even compete with the product offerings boeing has

right now, to your point, and the demand is not going to go away. all right. of course, we do love making money on this program. my program, "making money" as well. another high earner in the football world, talk about making money. golly. new york giants quarterback eli manning will be the highest earning player in nfl history once his latest contract clears. $17 million for this season and that puts his total career earnings at a record-breaking $250 million. david: wow. charles: now to those annoying robocalls. one lawmaker introducing a bill targeting those illegal calls. the details of that in a moment. more developments on the college admissions scam. lawsuits are being filed, some big name companies are cutting ties to lori loughlin and her daughter. and get this. felicity huffman also charged in the scandal. her "desperate housewives" character paid $15,000 to get her kid into private school. how's that for irony? you can't make any of this up.

we are all over it.

might mean a trip back to the doctor's office just for a shot. but why go back there when you can stay home with neulasta onpro? 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. if you'd rather be home, ask your doctor about neulasta onpro.

pay no more than $5 per dose with copay card. charles: check the big board. what a reversal. dow off 50 points, now up more than 100 points. boeing leading the way. we want to check on that again. the company just moments ago announcing they have a software fix for the 737 max jet family. in fact, it will be ready in ten days. the stock at the low of the session was $366. we are up almost 11 bucks from the low. it's the most influential stock in the dow which means when it moves, no other stock can move the market or the dow at least like boeing and it's moving it much higher. let's check the nasdaq which has been higher all session long, doing extraordinarily well. powered by those technology names and momentum names that have come back in vogue the last two weeks. then there's the s&p 500, the wider index of them all. it's been sort of struggling. this is the magic number, folks. 2820. we close above there, and i'm

already saying it, i will go over it again on my show, we will test the all-time high if we can close above that number. that's what i'm saying. let's check the specific tech names i just referenced because we do every day on "varney & company." all doing much better. facebook down a couple major issues, of course, for them, the new zealand shooting but probably more importantly, the executive exodus there, not good news. the chip makers have been powering this market all week long. they continue to power the market. many think they are a proxy not just for our economy but for the global economy. meanwhile, new sanctions against russia. e-mac, what is this? is this a russia aggression against ukraine? liz: continued aggression. it's a joint action with the eu and canada. six individuals and eight entities. the entities include defense firms such as ship building plants. it's over the aggression in the strait of the seizure of three ukrainian vessels and 24 crewmen detained in russia.

it's over the annexation of crimea and the backing of illegitimate, that's a quote, separatist government officials or entities in sections of ukraine. so 13,000 people have died since 2014 over crimea. these are really aggressive -- charles: that's a shocking number. liz: it is a shocking number. so the administration moving aggressively, stepping in here over this primarily crimea, the november action in the kurdish strait as well. charles: another hit to the bromance. hey, we got a couple updates on the big college admissions scandal. actress lori loughlin is now blacklisted by the hallmark channel. it was a big money maker for her. she had a couple shows there. her daughter olivia jade was dropped by sephora. that household taking a major hit. another mother allegedly part of the scam just co-sponsored a fund-raiser for new york senator kirsten gillibrand. i want to bring in peter morici

from the university of maryland and gordon gi, president of west virginia university. gordon, to you first. how deep does this run? we heard initially it was about ivy league schools. now we are hearing non-ivy league schools. people are wondering if the entire system, if this is an indictment of the entire college admissions system. gordon? >> well, first of all, charles, i'm glad to be here. i appreciate your letting me come on the show. you know, i believe that this is an issue that is not inflicted upon higher education, all of the institutions, but rather, this is one of those scandals that has been developed over time due to a number of things. there are 4500 universities and colleges in this country and almost all of them are working very hard to be diligent about their admissions process. this is one of those things that

obviously all of us are very concerned about and we will evaluate it. but to indict the institutions because of the excesses of a few would be totally unfair. charles: peter, maybe not indict them over this specifically, but you know, college debt, student loan debt, $1.56 trillion potentially could be an economic issue for all americans. this is the biggest institution in our society with the least amount of scrutiny. there's no transparency and people are saying maybe this is the most to now springboard and make colleges, at least the admissions part of it, more transparent. >> well, certainly they need to be more transparent. >> you know -- >> hold on a second. this is not a stand-alone scandal. we have had a succession of scandals related to college athletics. we have to say why were coaches so vulnerable to corruption? why did they so easily take these bribes? the second thing is the

admission process at most universities is fundamentally broken. it places so much emphasis on affirmative action, special set-asides for coaches and so forth. you know, coaches are literally functioning as small admissions departments in major athletic programs. they are given slots, they dole them out. the admissions process, if they were paying any attention at all, they would realize someone who says they are in crew but has never sat in a boat shouldn't be admitted. so we have these problems, they are not getting addressed and we are going to have more scandals if we keep getting this sort of oh, don't indict us all for the mistakes of a few. this is the mistakes and corruption of many laid bare by a good huckster who was able to find vulnerabilities in the system. david: i would like to ask president gee, liz warren was asked whether she has any sympathy for the people involved and she said she has zero sympathy. it was kind of rich coming from a woman who played the system herself by claiming that she was

a native american at least on one certificate. don't you think that those kind of things, peter was talking about them, do lend themselves to corruption, to the corrupt people out there that will take advantage of them? >> well, i think that obviously, this scandal is one of those things that does lay bare some of the problems that we have, but to indict the system because of the problems of a few, i will not do that. i have been president of five universities and i can tell you that in my experience, our system works and it works very well. if we have problems in athletics, yes, yes, there has been diminution of support for public and private higher education but remember, there are 4500 institutions. what we ought to be talking about is the parents need to find the right fit for their kid. liz: quickly -- >> the real indictment should not be -- wait just a second. let me just say the real

indictment should be on these ranking systems. i believe u.s. news and others have done more to debilitate the quality of higher education than any possible effort that one could make because they have made parents feel very vulnerable to kids don't get into x and y. i'm a president of a land grant university. land grant universities were established by lincoln to make sure everyone had access to higher education and they are democratic. if you take a look at the great land grant universities, the land grant universities are where all the ceos in this country are trained, not in other institutions. let's just not get carried away with this. david: give you an example. liz: peter morici is saying the business model is rotten and sick, built on the hotel industry. these fat cat academics act like real estate moguls, gouging american families with constant tuition increases when they are

built on nonprofit. there has to be more oversight of this. >> there has to be more accountability. you just saw an example. unwillingness to embrace the problem. charles: we have to leave it there. obviously this sparked a greater conversation. gentlemen, we would like to get you both back. i'm hoping that monday we can pick up on it. thank you very much. appreciate it. let's get back to politics even though that was a little bit of it. senate majority leader mitch mcconnell says he's going to put the green new deal up for a vote. here's what congresswoman alexandria ocasio-cortez, the bill's co-sponsor, had to say about it. roll tape. >> mitch mcconnell filed for a procedural vote on your green new deal resolution. >> i look forward to having a real vote and not just a procedural vote. >> what do you think it would take? >> i also wish he would prioritize hr-1.

he doesn't seem to be interested in improving our democracy. david: whoa. liz: she always seems to button her conversations with a real elbow shot, right? really, mitch mcconnell is not interested in democracy? know what i mean? she seems to undercut what she's trying to say when she behaves like that. it doesn't push her, whatever agenda -- charles: mitch mcconnell called her bluff. bottom line. you are telling the world we are going to die in 12 years, good, vote on it. liz: we should put it to a vote. david: how can the democrats possibly say this is unfair? we have most of the democrat candidates running for president, that declared candidate, supporting the green deal and it's not fair to put it up to a vote? let's get them on record. let's get the people in the senate on record as to how they feel about this thing, because they are the ones that are supporting it. it's not unfair. it's something they put forward. charles: should be thrilled. she's a co-sponsor. got some good news for you.

if you are getting inundated with robocalls on a daily basis, senator jon thune is introducing a bill aimed at increasing the penalty for robocallers and requires phone companies to put technology into place to find out where exactly the calls are coming from. coming up next, crisis in venezuela. the situation there more dire, more people are struggling. now just to find drinkable water. one of america's top generals says google's work in beijing is benefiting china's military. coming up, we are talking to a company that works with google. they say china is a threat and they want to steal our artificial intelligence crown. now to boeing. nasa reportedly had a list of complaints from pilots about the 737 jet. it stretches back for months. next, we will talk to nasa administrator jim bridenstine about this.

charles: breaking news. lori loughlin, it just came through. liz: "fuller house" has dropped her. this comes on the heels of hallmark dropping lori loughlin. also, sephora dropping partnerships with the daughter as well. so the fallout continues of the

worst college admissions scandal ever prosecuted in the u.s. charles: wow. absolutely amazing. david? david: not a good mix with hallmark. how could you mix what they were doing with hallmark channel? it's terrible. they really ruined their chances to make any money on this, thank goodness. charles: we had netflix stock up there because they brought "fuller house" back under a tremendous amount of excitement. everyone was thrilled about this. the economic fallout will continue. also we are seeing a whole lot of celebrities saying i used the guy but we didn't cheat. all right. we'll see. more after this.

charles: a quick check on the stock of the day. boeing has come flying back, up to 377. the low of the session was almost 11 bucks less than that. the company now saying they will have a software update for those max jets and it will happen in just ten days. market loves it. they have turned the entire market around, including the dow jones industrial average. i want to bring in our nasa guy to talk boeing. actually, he's the nasa guy. jim bridenstine, nasa administrator. i understand nasa, in fact, had a list of complaints about the 737 max 8s from pilots who used it and the question is, did the faa know about this, did the airlines know about this? >> so the answer is yes. nasa has a program where we allow pilots to submit some of

the challenges they may have seen or maybe even some of the problems they have had themselves with procedures, et cetera, and this is a program that is at a nasa center and nasa manages it but it's really an faa program funded by the faa. we do it for the faa. but it's a program where pilots can feel free to say things that they might not want to say to a regulator that's responsible for making sure that, you know, pilots are licensed and things like that. so it's a repository of data and information. charles: i guess the next question would be okay, you put this data in, you have some anonymity. is anyone reading it? does anyone act on it? >> absolutely. people are reading it, people are acting on this information. that's why we collect it. like i said, we manage it for the faa. it is up to them how it gets distributed but we have -- we do make sure that that information is available.

charles: so the faa gets the information. the complaints are out there. and of course, there are all kinds of complaints beyond the pilots, right. the plane was smaller, the lavatory was smaller, the attendants are bumping into things. you do things to make a bigger engine but more powerful plane for longer distances. whose responsibility is it then to say maybe, maybe we should start to talk to airlines about this, maybe we should talk to boeing about this? >> so the data points that we have are not a lot. i only know of a couple of reports that came in through the system. we are going through it right now to find out if there are more. but certainly, as a pilot myself, i can tell you auto pilots are not always good and in some cases, they don't work. the general process is if the auto paletoughauto pilot doesn'

turn it off. not every challenge ultimately results in us distributing some kind of, you know, this is a faulty airplane kind of thing. but the idea here is we are collecting information, we are sharing it, we are getting it to the pilots so they can make good decisions and they have the knowledge and information to understand what's happening. charles: i would also like to speak to you about this, the use of a commercial rocket to fly na nasa's orion crew capsule into space. is this right, you will probably reach out to the private sector here? >> we are absolutely doing that. the president has given me a directive to go to the moon. and go sustainably. in other words, this time when we go to the moon, we are going to stay and to do it with our international and commercial partners. the big rocket that we used to do that is called the space launch system, sls, and it has had some delays and cost overruns. so i asked my team here at nasa to look into what the alternatives might be. could we actually procure a

commercial rocket to launch the orion crew capsule to get back on schedule to get back, in fact, ahead of schedule. we are doing everything we can to move as fast as possible for that sustainable return to the moon so that we can actually go back and forth with astronauts and humans and landers and rovers and other capabilities, to include international partners. in other words, this time it's not just going to be the american flag but other flags with us. charles: all right. when they make future movies, they can put the american flag and the others on instead of keeping it off. i couldn't resist that. jim, less than a minute, but in addition to this, what i'm hearing is that this next mission to the moon, the next american that steps foot on the surface of the moon, will be a wom woman. and mars, too. >> well, it's certainly possible. we haven't determined who that person is going to be, but when you think about, you know, this month, in fact, we have an all

female space walk which is the first time in nasa history and of course, it happens during national women's month so we have a lot of really accomplished women that are doing great things for the agency, great things for the country, and i think it's probable that a woman could be the next person to walk on the surface of the moon. charles: jim, exciting stuff. nasa was starting to fade there a little bit. i'm old school, i'm happy that it's back, and i'm happy to hear all this information from you. we appreciate you taking the time. thank you. >> thank you, charles. charles: let's get back to the mosque massacre in new zealand. facebook just released this statement on the shooter's use of their facebook live feature. here it is. quote, our hearts go out to the victims, their families and the community affected by this horrendous act. new zealand police alerted us to a video on facebook shortly after the livestream commenced and we quickly removed both the shooter's facebook and instagram accounts and the video. we are also removing any praise

or support for the crime and the shooter or shooters as soon as we are aware. we will continue working directly with new zealand police as their response and investigation continues. e-mac? liz: the interior minister said enough is enough. in other words, thoughts and prayers don't cut it anymore. when this is your business model and you have livestreams, young children being shot, live on camera, that's an issue for your company. no matter what, if it's facebook, twitter or you know, whoever else is streaming it, it's an issue. david: can i just quote mark zuckerberg in 2017, he said we don't check what people say before they say it and frankly, i don't think society would want us to. freedom means you don't have to ask for permission first and by default, you can say what you want. that's okay in a perfect universe but it's not a perfect universe. they are going to have to really think about livestreaming now, whether they can continue it in light of what happened. charles: i want to bring in a tech watcher, ceo and founder of cen plus. lily, you advise fortune 500

companies around the globe on strategies. what would your advice be to facebook on this? >> well, no longer being reactive works, especially in a tech-enabled society. if we have figured out how to scrape content and in the case of facebook, make money out of realtime ads served up to you and your needs, we should be able to tech-enable how we monitor responsibly this type of content. there is a.i. technology that can recognize images in an incredible speed, in a very fast pace, not having to wait until new zealand police tells you to take it down because that is way too late. charles: we had raheem kasim on in the last hour. he was suggesting that facebook has spent so much time on developing algorithms and monitoring things like conservative speech and determining what is hate speech that when real hate is happening, they haven't allocated any resources to finding that quicker. >> that is where we see a double

standard. you know, when it's convenient,ie pconvenient, you apply the technology and when it's actually needed to prevent young lives from potentially seeing something horrible that's going to mark them forever, then it doesn't get applied. we need to once again, tech-enable solutions that are good for making money which is what they do serving you ads that are served up to you and your needs but also to be able to monitor realtime and put r & d dollars to actually use new technology so we proactively handle these situations and not just react when somebody tells you to take it down. charles: i want to stay on tech. top u.s. general, in fact, the top u.s. general, says google is indirectly benefiting china's military. your reaction to that? >> well, it is a very concerning and disturbing statement. china obviously is a very big market, over 800 million users there, and they want to de-throne the u.s. as an a.i. leader. so anything that is enabling that and supporting and allowing for business to be run and grow

in a society where the government is like really enabling a lot of the stuff, is a threat to the united states. we need to be intelligent about how an american-based company, if it's going to apply ethics to limiting d.o.d. contracts, it needs to be applied in a global landscape and benefit the totality of humanity, not just where it's convenient. charles: you feel like perhaps google is putting the bottom line ahead of any other standards or principles here? >> well, i am all for capitalism but in this case, we need to be responsible and consistent. if there were d.o.d. contracts, $10 billion that were let go as a contract because it didn't allow you to access here in the united states let's be equally watchful of whatever those contracts are or ties into military support in china. charles: one of the last things i want to get your thoughts on venezuela. you and i have talked about this situation there many, many times. citizens in caracas, you know, there's just a lot of problems even now, clean drinking water. we have seen images of people

drinking from sewers. where does this end? >> you know, i think there's been enough diplomatic and financial pressure on the maduro regime. it is time to maybe rethink what is that deadline. now, interim president guaido has said he doesn't want military intervention but enough is enough when lives are at risk. we need to rethink as a coalition of 54 countries behind this, what we are going to do because at the end of the day, i want to wrap with this, for maduro, venezuela or for google, we need in a global society today, cultural intelligence to understand the economic, cultural and geopolitical implications of the decisions we make as corporations and as a whole. and that applies to google and that applies also to how we are handling responsibly the situation in venezuela. charles: do you have a feel what colombia and brazil might want? pompeo saying everything igs on the table. >> there's a lot of pressure on

other countries. there's not only a humanitarian crisis with 1.3 million venezuelans in colombia but there is also a lot of national security implications because people are flowing back and forth freely and there's a lot of people from guerillas and left groups being sheltered. charles: they take advantage of those situations. >> exactly. charles: you covered a lost information. appreciate it. live action-packed show and guess what? we ain't done yet. we got a lot more. we'll be right back. ...

charles: look at the big board, folks, rev up that diesel, actually rev up the plane it's boeing that's done this thing made an amazing reversal down to 366 the stock now surging and the company says it's going to have a fix in 10 days i guess wall street believes it because it is now surging up 14 points from the low the most influential stock on the entire dow, it's more influential than any of them and it's bringing it back up, all the big tech giants today the momentum has had a great day, amazon got a $1,200 rating today upgrade, we saw apple with an upgrade this week, we saw netflix with an upgrade this week by the way breaking news, president trump likely to veto the resolution and his declaration of the emergency at the u.s. border around 3:00 p.m. we'll handicap it for you on my show, making money and of course we'll pick-up on this rally

because i'm saying oh, by the way that's according to reuters i want to make that clear. by the way i'm also saying that the s&p about 28.20 at the major breakout, and i say we go back to all-time highs i'll make my case later on but for now neil cavuto, take it away. neil: yeah, because i can't do all of the work around here. charles: [laughter] neil: a little more sweat equity charles: i'm getting paid hourly now. neil: you'd love that wouldn't you. all right, thank you very much, my friend. we are following a lot of developments including this crackdown on facebook and they are saying the company is saying that it's cooperating with the police on this new deal and investigation but we're taking no chances across the globe particularly in this country with new york new york city and chicago, atlanta, philadelphia, all deploying extra police officers for example, the mosque but not only there in new zealand they're still on a high terror alert not quite convinced this is over a lot