tv FBN AM FOX Business March 22, 2019 5:00am-6:00am EDT
5:00 am
@loudobbstonight. and check out our brand-new poll on instagram. good night from new york. lauren: here are your market movers at 5:00 a.m. another blow nor boeing, a multibillion dollar order for its mack jets canceled. it's just the tip of the iceberg for distrust in boeing. president trump speaking with maria bartiromo, who he really says is to blame. and democrats take on the housing industry promising free homes. is this the latest talking point for the left for 2020. and do you shop after having a drink or two? the crazy amount of money americans are spending while drunk shopping and you will not believbelieve where most of us e spending that money. it's friday, march 22nd.
5:01 am
thank you for joining us. "fbn: a.m." starts right now. cheryl: here is how your money is moving at 5:00 a.m. on this friday. the dow logging its best day yesterday in five weeks, tech shares, apple, boeing stock march he get right now futures pointing to a lower open. the dow down 131 in the premarket, s&p down 12 and-a-half, nasdaq down 28 and-a-half. over to europe, the european union agreeing to give britain more time to leave the trading block, delaying the threat and potential chai yous o chaos of d brexit. lauren: happy friday. cheryl: happy friday. lauren: good morning. i'm lauren simonetti. cheryl: good morning, everybody. i'm cheryl casone. lauren: a lot of news coming from boeing. it's all about trust in tear plane, mor more fallout.
5:02 am
indonesia's fly carrier cancelling an order for 49 planes because customers don't think the aircraft is safe. cheryl: that's the new breaking news on boeing. let's get the latest on the challenges facing the company from doug mcelway. >> reporter: the fbi is now involved in what appears to be a criminal probe launched by the justice department and a companion investigation by the department of transportation's inspector general, in addition to congressional investigations, the first happens next wednesday in the senate. reuters is reporting that the pilot of the doomed ethiopian airlines max 8 was never trained in the simulator. reuters won't identify the source whom it met in a hotel lobby. he was a colleague pilot under orders not to speak publicly. the news is significant because of allegations that boeing touted the new max 8 as a plane
5:03 am
that would not impose expensive training costs on airlines because of the similarity to previous 737 models. separately, boeing is saying it will install an extra warning light in the cockpit of all 737 maxes. previously, the manufacturer charged extra for that safety feature which involves wiring not just one, but both angle of attack sensors to the m-cast flight control system. we know a fault ian gel of attack sensor had been replaced on the lion air max the day before it crashed. it was bad data which led to the cascascading series of events tt doomed the plane. as if boeing needed more problems, the inspector general said it is launching an investigation that the acting defense secretary, patrick sahn than, improperly promoted his former employer, boeing. he allegedly encouraged the pentagon to purchase more boeing
5:04 am
models over lockheed martin's model. shanahan told congress well comes an investigation. back to you. lauren: an investigation there will be. general motors is reportedly set to announce a major investment in michigan today. according to reuters, gm will invest $300 million in its orion assembly plant. the plant produces an electric car, the chevy volt and a self-driving vehicle for the the cruise unit. we're going to learn more when the announcement is made, at 10:00 a.m. eastern time. this comes as general motors says it will close its plant in lordstown, ohio. cheryl: now overseas. the european union agreeing to britain more time to leave the trading block, delaying the threat and potential chaos of a hard brexit there. they can postpone the scheduled
5:05 am
departure until may 22nd from parliament approves theresa may's deal to leave the european union. the vote will be next week in parliament. may spoke to reporters overnight in brussels. >> we can leave with a deal in an orderly manner, the 22nd of may. if we don't get the deal through, if we don't get the vote through, then before the 12th of april we have to come forward with another plan, and cheryl: parliament has rejected may's proposed brexit deal two times. may is calling on lawmakers to back her agreement and refuses to rule out a no deal brexit if they don't back her proposal. lauren: president trump is blaming the federal reserve once again, this time for holding back the u.s. economy. the president discussing the impact of the fed's rate hike
5:06 am
witinan interview with maria bartiromo. >> the world is slowing but we're not slowing and, frankly, if we didn't have somebody who would raise interest rates and do quantitative tightening we would have been at over 4 instead of 3.1. lauren: you can watch the entire interview with president trump and maria bartiromo starting at 6:00 this morning on "mornings with maria." cheryl: now to facebook, under fire for yet another privacy issue. the company admitting it stored hundreds of millions of user passwords in a format accessible to employees. by storing passwords in readable, plain text, facebook violated fundamental computer security practices. facebook says there is no evidence its employees abused access to this data. lauren: the beer wars are on. miller coors suing anheuser-busch. cheryl: this is something else. alicia got all the details for us.
5:07 am
>> reporter: good morning, cheryl and lauren. anheuser-busch has sent fox news and fox business a statement in response to the lawsuit. it reads in part, quote, we stand behind the bud light transparency campaign and have no plans to change the advertising. here's one of the ads. >> to be clear, we brew cooers lighcoorswith corn syrup. >> reporter: miller coors pushed back, explaining corn syrup is used in the fermentation process, not the final project. in its filing they said anheuser-busch launched a false and misleading advertising campaign. in a statement the company said, quote, this deliberate deception is bad for the entire beer category. we are showing the world the truth. after the first ads aired it got even more personal for coors which was born in golden, colorado. anheuser-busch put up billboards with a similar message, some right in the heart of coors
5:08 am
country. they read coors light uses corn syrup, bud light, we don't. then this week miller coors hit back with ads that show acr tore--actors playing the bud lit and others walking off the commercial set to crack off a coors light. >> if you look across food and beverage, there's an expectation on transparency. we think beer is behind. >> this is not about transparency. this is a marketing ploy by bud light. >> reporter: critics inside the beer industry say this is a distraction from an overall problem of slumping beer sales. cheryl. lauren. lauren: thank you very much. let's get to other headlines this morning. president trump says the u.s. is recognizing israel sovereignty. maria bartiromo sat down with president trump yet for an
5:09 am
exclusive interview. maria: you said it's time for the u.s. to recognize israel's sovereignty. why now? why did you send that out? >> i've been thinking about doing it for a long time. it's been a very hard decision for every president. not president has done it. this is sovereignty. this is security. maria: it's not about netanyahu's re-election? >> i wouldn't even know about that. lauren: you can watch the full interview with the president coming up at 6:00 a.m. standoff between nicholas ma dorp row and juan guaido intensifying overnight as tell intelligence officers arrested guaido's chief of staff. the u.s. tightening trade sanctions against north korea, naming two companies as violating the sanctions. this comes just one month after president trump and north korean leader kim jong un failed to reach an agreement at the
5:10 am
historic summit. investors kicking nike to the curb after the company reported disappointing third quarter sales. the stock dipping almost 3.5% after the close yesterday, despite a better than expected earnings report from the shoe maker. cvs is getting into cbd. the drugstore chain now offering products that contain the substance which is found in marijuana in more than 800 stores in select states. consumers have been known to use the ingredient to combat pain for arthritis and other ailments, sometimes for just going to sleep, cheryl. cheryl: we've got a lot more coming up this morning. it is officially unicorn season on wall street. pinterest, uber, lyft, a all unveiling their ipo plans. while levis had investors jumping out of their jeans yesterday. we've got details of what could be a record-breaking ipo p seas. plus, dunkin' donuts is putting its slogan, american runs on
5:11 am
5:13 am
5:14 am
cheryl: pinterest stepping up plans for its initial public offering. the wall street journal says the company is preparing to make the filing public as early as today. and list shares on the new york stock exchange by april. pinterest looking to go public as the market for ipos has picked up speed. levlevi strauss made a strong py yesterday. lauren: the ipo market was very much closed, now it's reopening again. uber another company, much anticipated public offering could be one of the five biggest of all time on the new york stock exchange. uber's expected listing next month could value the company at
5:15 am
$120 billion, likely making it the biggest ipo of 2019. and then there is lyft, they have chosen to list their stock on the nasdaq, expected to start trading pretty soon, the end of next week. they're expected to price around or above $23 billion, that's their valuation. cheryl: levis have returned to the public markets. they got an enthusiastic reception from investors. lauren: gerri willis has details. >> gerri: levis becoming a public company again. shares of the san francisco apparel maker, which claims to have invented blue jeans, listed at $22.22 a share on the new yorfloorof the new york stock e. on the floor, three items of clothing are not permitted, shorts, flip-flops and jeans. in on nor o honor of levis liste rules were relaxed and traders
5:16 am
dressed head to toe in jeans. >> it's fun to see how everybody looks in sort of their sunday best, you know. >> i don't know about everyday. i like wearing a tie. >> gerri: investors like levi shares, trading as high as $23.15. this is the second time the company has gone public. shares of levi were last traded in 1985 before being taken private by the founding family. levi's ceo said going public is just the start of the story. >> we wanted to be and be seen as the best apparel company in the world and amongst the best companies in any industry. this is one more step in the journey to being great. >> gerri: he expects growth to come from new lines as well as sales in emerging markets. it was in india that he came up with the company's new tag line, live in levis. >> that is the fundamental idea behind this brand. you wear other jeans but you live in levis.
5:17 am
>> gerri: the ticker symbol predictably is levi. you can have a share of your own for less than a third of the price of the average pair of 501 jeans. lauren: when many retailers are going out of business, it's nice to see one going public, a jeans maker. let's take a look at futures. we have a down market, the dow is selling off to the tune of half of 1%, 132 points. the week's gains might be in jeopardy now. we have to watch the numbers come the closing bell. the u.s. is gearing up for another round of trade talks next week. why a u.s. reported sale to taiwan could complicate a potential trade deal. finally, some good news coming from all of the flooding in the midwest. why two men are saying they received a gift from the heavens. there it is. do you know what that is? it's going to make you laugh. we'll be right back. ♪
5:18 am
5:19 am
it's the most wonde(bird chirping)rth. lots to do, hope you fuelled up. sure did. that storm sure ripped through. yep, we gotta fix that fence and herd the cattle back in. let's get at it. (whistle) (dog barking) (♪) rather than worry about how to pay for long-term care. brighthouse smartcare℠ is a hybrid life insurance and long-term care product. it protects your family while providing long-term care coverage, should you need it. so you can explore all the amazing things ahead.
5:20 am
5:21 am
lauren: president trump attacking the federal reserve once again. he told maria bartiromo that the economy would have posted even stronger growth, 4% growth for last year, if it weren't for the fed's rate hikes. let's bring in scott sheledy. he joins us now from the cme bright and early. good morning, todd. >> good morning. lauren: two questions. do you agree with what the president told maria bartiromo, that we would have seen 4% growth if it weren't for the fed, and do you care what the president has to say with that respect? >> he was anti-rate hikes all along. he might have accidentally been right on this one. the feds' job is to make sure we stay in their mandate. they wanted to see lower unemployment and they have. we had a lot of people that are
5:22 am
still getting this wrong. i think the top five insurers in the country like prudential and met were forecasting still this year a 10 year yield of 3 and a quarter to 3 and-a-half percent. we went to 2 and-a-half as we speak and the german 10 year went to zero. a lot of smart people got that wrong. i think ultimately the fed's taking a 180-degree turn, they've put the doveish key back in and ultimately we'll be 2 and-a-half to 3%. i don't think 4% would have been in the cards. that would have been a big stretch of. i think 2 and-a-half is still on the books and if we get a little lucky, maybe 3. lauren: there's so many external worries and concerns, like brexit. this just fascinates me. i know you spent a lot of time in great britain. so the e.u. will give great britain more time to leave the trading block. they delayed the threat of the hard brexit which was supposed to happen a week from today.
5:23 am
but what actually happens here? because parliament already voted down theresa may's deal two times. so what happens? >> twice, yeah. she was thumped twice. it wasn't like she was even close. here's what everybody's in the states has got to realize. what they had happen with brexit it was like donald trump getting elected here. can you man i think if after donald trump won the election it had to be ratified by congress. that's what happened with brexit. it has to be ratified by parliament. most of parliament didn't want to leave the european union. what a mess they've got on their hands. they have had two years to figure it out and they haven't. from the man on the street in england, i talk to a lot of those guys, cab drivers and the likes, they're just fed up with the whole thing and they would like to see a hard brexit. there is scare mongering about what would happen, drugs can't get into the hospitals, people are starving and dying, like you would imagine, but at the end of the day they voted to leave.
5:24 am
this what is the people wanted. now you've got the risk that parliament goes against what they've been there to do and stand up for the people. that's a big deal. so that's why it's in the headlines. i think that the man on the street wants out. they would take a hard brexit over more of this delay, delay, delay. ultimately, the sewer there, the swamp doesn't want to leave the european union and they would like to delay as long as possible to maybe change the outcome. does that sound similar to something here? lauren: it does. the e.u. is basically saying, you know what, the longest delay that you're going to get as of now is may 22nd, if you can get your deal pushed through on try number three. the french president is saying the chance of you doing that, theresa may, is -- he puts a number on it, scott, 5%. one more for you. i want you to listen to something that alexandria ocasio-cortez, freshman congresswoman said last night. >> they're trying to say that the green new deal is about what we have to give up, what we have to cut back on, when in fact the green new deal itself is a resolution to be more expansive.
5:25 am
lauren: what do you make of that? we always have to get aoc in here, scott. >.what we have to give up. >> i'm surprised to hear her say the word more expansive. that's what they want to do, they want to control everything. this may sound like socialism. they want to control everybody, everything is going to be expansive. they've taken the veil off of that. they know what to do with your money better than you know what to do with your money. allstate remember, that's the intellectual elites think. lauren: the cost of it. final question, where have you been that you have that tan? >> i was in scottsdale for three weeks. it was nice, put it that way. lauren: have a great weekend. reminder, you can watch maria bartiromo's entire interview with president trump 6:00 a.m. this morning on "mornings with maria." cheryl: we've got more coming up, dar dare devils plunging toe ground when a high wire stunt
5:26 am
goes terribly wrong. and we have a video showing each pulse-pounding moment. stick around for that. another blow for boeing, after a multibillion dollar order for its max jets probably will be canceled. is this just the tip of the iceberg of loss of trust in boeing? ♪ fly like an eagle. ♪ let my spirit carry me. ♪ i want to fly. ♪
5:29 am
lauren: good friday morning. the nasdaq and s&p 500 will open at the highs of the year but are set to lose half a percent each at the open. the dow's weekly gains are in jeopardy this morning. dow down 139. european leaders give great britain a short extension to their exit from the european union, the ftse in london is down 55 points, the dax is down 68. in asia, we had a mixed --
5:30 am
actually, all up, i apologize. a tenth of a percent gains essentially across the board. cheryl: the scrutiny on boeing growing as the company works to address the fallout from two deadly crashes of its 737 max 8 jet. seth kaplan, an aviation journalist, joins us now. good morning. >> good morning. cheryl: so many questions about this. i want to get to the breaking news overnight that gruda, the flagship carrier of indonesia, wants to cancel 49 jets that had already had on order. from a contractual basis, can they just cancel it without some penalty? i would assume they would take a penalty. they've already taken delivery of one. what is your instant analysis of this story? >> kind of scary, the idea that this could be the tip of the iceberg. we'll have to see if that's what happens, if this does open the floodgates or if they remain a one-off. they are sold out on this aircraft for the next five
5:31 am
years. if they had one airline trying to cancel, they could have somebody else paying more for the same jets. in this situation, we're not going to see another order until boeing gives everybody comfort with the idea that this plane can be safe. boeing is fortunate, that it is part of a duopoly. boeing and airbus are coke and pepsi. there is no store brand when it comes to aircraft. and if they ordered a 737, it's because they have a lot of other 737s, the older version, so they're going to want to tend to stick with it. it can be expensive to switch to airbus. we've seen a lot here in the past few weeks that obviously we wouldn't have expected not too long ago. cheryl: it's the jetways, it's the training of the pilots and the crews, it's the mechanics. there's so much involved in the upkeep of an aircraft, rightly so. you're correct that a lot of airlines are going to likely stick with boeing. i think there will be a financial penalty. i want to move to what boeing is
5:32 am
doing. they reportedly are going to add a warning light to the 737 max. it would basically tell pilots when these two sensors are in conflict and that the measure of the plane, what the sensor are saying, the measuring of the plane, the nose down is in conflict with what the sensors are telling you. is that a fix? how fast can they make that happen? >> that was already an option, one that lion air and ethiopian airlines didn't take. people obviously asking why should something mission critical like that be an option rather than standard. what's harder to say, whether or not that would have prevented the crashes. with lion air, the pilots clearly knew that something was wrong, they knew that they were getting a bad reading, the problem was they couldn't override the system. hard to say whether that would have prevented the crash. you would like to see something like that standard going forward. cheryl: i'm not so sure, not to question two people that are no longer with us, but at the same time there are reports that that
5:33 am
ethiopian airlines pilot, the recent crash, he had never even been in a simulator for a boeing 737 max. i would think that would be standard training. >> yeah, that was part of the pitch here from boeing, was that you didn't need simulator training for this new aircraft. in this case, he was based on these reports due to get the max 8 simulator in particular later this month. we all know what happened there. so again, would he have been able to successfully override the system, we don't know. but we see here that boeing was on one hand trying to represent this as an easy drop-in into the fleet and on the other hand pilots clearly didn't fully understand the system. cheryl: they made so many technical changes to the max and to your point about the 737, it's the workhorse of the avenue united nations industry and it's been around for decades and it's been up to this point a solid aircraft. this story gets more and more
5:34 am
perilous. thank you for getting up early. we appreciate it. lauren: could also factor into the chinese trade talks. the u.s. trade representative, robert lighthizer and treasury secretary steven mnuchin set to visit beijing next week for another round of high level trade talks and then chinese vice premier will travel to washington after that. let's bring in economist tori whiting. we have all of these talks set up. do we expect any action? >> well, i think that they're signaling that we might have some sort of agreement later on into march. this keeps getting pushed back, obviously, and it really comes down to the president making clear that he wants this to end and he and president xi sitting down and signing an agreement together. so that's really was we're waiting for. we're waiting for the lower level negotiations to conclude so that the two leaders can come and sign the dotted line. lauren: the negotiators on team trump are down-playing a quick deal. why do you think that is?
5:35 am
>> well, i think that there's still a lot of negotiations to happen. so far we know we have some sort of agreement on corn circumstance but -- currency, but not a whole lot of movement or noise on intellectual property rights protection or broader changes to investment restrictions. so those are the key issues we're looking at seeing more details on. lauren.lauren: the easier parts deal is to get beijing to buy more of our stuff, right? and there's a report out there that the president wants them to buy $1.2 trillion of u.s. goods. is there demand for that in china? and tori, this is how i'm going to tie in the boeing story. after what happened, the chinese buy a lot of our boeing jets, after the boeing 737 max dilemma tragedy, are they really going to continue to buy those planes? >> well, here's the thing. i think that this focus on purchasing agreements and this focus on the trade deficit is
5:36 am
really red herring in the negotiations. the negotiations need to focus on the long-term structural changes in china. buying things is a good thing. the market will demand what should be bought and sold between americans and the chinese people. the negotiations need to focus on structural reforms. lauren: the president has said tariffs are going to stay until we can guarantee that whatever deal they come up with, that there's enforcement of it, that the chinese agree. how do you think the chinese really feel about us saying, yeah, we're not taking these tariffs off anytime soon. >> lauren, as you know, i said on this program many times that there should be no agreement between the u.s. and china unless it includes a removal of the tariffs from both sides of the pacific. it's absolutely essential. this week actually the council of economic advisors came out and said the trade wars, the many trade wars have amounted to taxes on the american people of
5:37 am
an additional $14.4 billion in 2018. that's absolutely unacceptable, 70% more expensive to buy from abroad for the american people than it was a year and-a-half ago. this cannot stay in place. lauren: you say take the tariffs off, they're hitting you and me. tori, thank you very much. have a good weekend. >> thank you. cheryl: here are some other headlines making news for you this morning. president trump standing by his criticism of the late senator john mccain. our own maria bartiromo sat down with the president for an exclusive interview. she asked for an explanation. maria: you spent a good portion of your time in ohio the other day, trashing john mccain. senator john mccain is dead. why are you doing this. >> it's not a good portion of my time. if you realize three days ago it came out that his main person gave to the fbi the fake news dossier, it was a fake, it was a fraud, it was paid for by hillary clinton and the democrats.
5:38 am
maria: he's dead. he can't punch back. cheryl: you want to catch maria's full interview, the exclusive interview with president trump, that comes up 6:00 a.m. eastern time, "mornings with maria." about 22 minutes from now. president trump signing an executive order supporting free speech on college campuses. but some are concerned that the order may have a cooling effect on expression and research on campus. the president of the american council on education telling the wall street journal it could lead to unwanted federal micro management of university research projects. well, new video has been released of a high wire act gone wrong. the sarasota sheriff's office releasing the footage of the 2017 incident where five people were injured severely. nik wallenda said it was a miracle that everyone survived this. it is believed that a member of the act blacked out during practice and that caused the eight-person pyramid to fall. and as no bras no people work oy
5:39 am
efforts, two men are calling what they found a gift from the heavens. they found a mini bridge with ice cold beer. the men cracked open a few cold ones, they took photos for social media. they enjoyed the beer. it's a silver lining in what's been devastation for the state. cheryl:.lauren: she just lande cover of time magazine. alexandria ocasio-cortez said she never experienced american prosperity. we're going to he debate that coming up next. the baseball rivalry continues even when you don't play for the team anymore. how the red sox are trying to rain on former yankee a-rod's engagement parade. you're watching "fbn: a.m."
5:40 am
♪ even if you were broke. ♪ my love don't cost a thing. i switched to geico and saved hundreds. that's a win. but it's not the only reason i switched. geico's a company i can trust, with over 75 years of great savings and service. ♪ now that's a win-win. switch to geico. it's a win-win. (butcher) we both know you're not just looking for pork chops. you're searching for something more...
5:41 am
5:42 am
5:43 am
that an entire generation which is now becoming one of the largest electorates in america, came of age and never saw american prosperity. i have never seen that or experienced it really in my adult life, prosperity, home ownership. many young americans are buying homes. she's got this new york view and she's pushing it with the green new deal. >> she definitely has that new yorker magazine -- speaking of magazine covers, she's got the new yorker magazine cover view of the world, like there's new york and everyplace else. housing is expensive in new york. there is an afford ability issue across the united states. the median price for a house across the united states is less than $250,000. cheryl: she's not running for president but 2020 candidates are. elizabeth warren wants to make affordable housing a big part of her platform. will that resonate throughout the entire country? >> it's a hot issue, because there are -- if you think about
5:44 am
numbers, household formation statistically is when children move out of their parents' house, we've formed 3 million new households than we've built of new supply. we're not building enough supply. rents are going up as a result for people who want to rent. housing prices are going up for people who want to buy. there's an affordability issue, no question about it. i think that resonates with the entire electorate, whether you're in a blue state or red state. cheryl: so it does, and the wall street journal does point out that younger borrowers in expensive cities like new york city, san francisco, really aren't able to buy. but many 60-year-olds in new york city and san francisco can't afford to buy. >> if you're in big gateway cities, you could be frozen out of the market because prices are high. cheryl: elizabeth warren, i want to play this sound bite, she had this cnn town hall earlier this week and she talked about the housing issue. i want you to listen specifically to her words about it. >> i believe what we should do
5:45 am
is we should make a big investment in housing and by the way, if we do that independent analysis from moody's says that we would lower rents across this country by about 10%, that's across the board, and we would create an opportunity for more people to become buyers. cheryl: is that true? >> the only way you lower rents is to flood the market with supply. because the way -- real estate is very simple, it's a supply and demand equation and we don't have enough supply and there is a wall of demand so that's why prices are going up. the only way to really lower rents is to throw a ton of supply in the market. the question is, who's paying for it. cheryl: you've got a construction labor issue still. that's why costs have been going up. you don't have the bodies to get out there and build the homes. >> you have restrictive zoning in municipalities, which makes the land price just to come out of the ground very high and you have building materials are going up. so all of the component parts of
5:46 am
housing havely sense have risent difficult to add new supply. cheryl: median home prices up 41%, rent's up 21%. whether building an apartment complex, single family home, that is a cost issue. >> silver lining, interest rates are down. so interest rates are down, three quarters of a point from about the high when they hit over 5. so there's a silver lining there. cheryl: we're trying to find silver linings. mitch, good to see you. lauren: investors like silver lining too. i guess no interest rate hikes is a silver lining. we had gains for the week. the dow is down 132 points this morning. the nasdaq was up five days in a row but it is down on day number 6, down 31. is your ncaa bracket busted? the madness unleashed in a pretty fiery first round. pete's shaking his head. you always see words florida man
5:47 am
when you're reading negative news headlines and now you can see the florida man on the base pal mound. we will -- baseball mound. we will explain when we return right here on "fbn: a.m.." ♪ come sail away. ♪ come sail away. ♪ come sail away with me. ♪ come sail away. ♪ come sail away. ♪ come sail away nt to follow yos rather than worry about how to pay for long-term care. brighthouse smartcare℠ is a hybrid life insurance and long-term care product. it protects your family while providing long-term care coverage, should you need it. so you can explore all the amazing things ahead. talk to your advisor about brighthouse smartcare. brighthouse financial. build for what's ahead℠ frstill, we never stoppedss wamaking it stronger..
5:48 am
faster. smarter. because to be the best, is to never ever stop making it better. the new 2019 c-class family. visit your local mercedes-benz dealer for exceptional lease & financing offers during the mercedes-benz spring event. going on now. this isn't just 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 with the best wifi experience and two-hour appointment windows. click, call or visit a store today.
5:50 am
lauren: brett at the. cheryl: janice dean is here with the latest. rainy start for new york this morning, janice. janice: there's going to be travel delays, especially later on today when the winds start to kick up. coastal low, a nor'easter, bringing mainly rain along the coast. it's too warm for snow. interior sections could get upwards of a foot, especially
5:51 am
across new england. there's the future radar as we go through time. the low is going to start to wind up this afternoon, into the evening, as it moves up towards the north and east and we're going to get snow and colder air on the backside of this. there's the additional precip, again along the coast a rain event but we are going to get some snow especially across the mountains. today, central u.s. dry for now. we are looking at a system moving in over the next 24 to 48 hours. those swollen rivers across the mississippi and missouri river valley, more rain in the forecast for california. the drought is almost completely herased across california. lauren: janice, you look mostly sunny today. janice: thank you, ladies. lauren: have a good rainy weekend. cheryl: well, we have now learned how much money colin kaepernick may have received in his settlement with the nfl. lauren: you might be surprised. majared max is here with the
5:52 am
story. jared: we heard numbers about the grievance being settled, $30 million, $60 million, nowhere near that. according to the wall street journal kaepernick and eric reid who kneeled together for the national anthem in san francisco, they filed separate grievances, claiming collusion, that owners were trying to keep them off roster. kaepernick and reed reportedly received less than $10 million total in their settlement. not too many upsets on the first day of the 2019 ncaa men's basketball tur tournament. in hartford, murray state, a 12 seed against marquette looked like the favorite. thanks to the point guard who put on a show, john mor a a in. t, 17 points, a triple double, the first in the tournament game of seven years as murray state upsets marquette by 19 and will play florida state which eliminated vermont. how about fletcher mcgee, he
5:53 am
set a record, seven 3-pointers in a win against h seaton hall. wofford gave away a 17 point lead, closing out seaton hall, moving on to play kentucky. gonzaga, a winner. virginia against gardner web, duke versus north dakota state and north carolina plays iona. a soccer coach has resigned, he was indictedded last week for allegedly taking payments in the college admissions bribery scandal. he was said to have accepted $200,000 in payments. so, alex rodriguez and jennifer lopez getting married soon and the triple a affiliate for the boston red sox in rhode island will have an engagement party for the couple. if you can present i.d. with the name jennifer, you get in free, and so do kids 12 and younger.
5:54 am
there's a whole ben affleck tie-in. lauren: is the first pitch from ben affleck? cheryl: i have a feeling they may not show up to that engagement party. lauren: jared max, thank you so much. you can catch jared's sports reports and fox news headlines 24/7 on sirius xm channel 115. cheryl: coming up, did you drink and shop last night? lauren: maybe, actually. cheryl: okay. well, you're not alone. you're not going to believe how much americans spent drunk shopping last year. and maybe having a drink or two would make you buy these. these are the latest food-inspired kicks. lauren: if they make me run faster. ♪ i get care i get carried away.
5:55 am
5:58 am
♪ ♪ cheryl: take a look, dunkin with footwear company, you can get them in 3 different colors and a coffee cup. available on website. $120. lauren: no, thank you, maybe you can pick them up when you drink and shop. fui, $34 billion. cheryl: drunk shopping, who does that? that's it for us, everybody, have a great weekend, it's time for mornings with maria. maria: hey there ladies, good
5:59 am
morning to you, thank you so much. good morning, i'm maria bartiromo coming to you live from washington, d.c., friday march 22nd, your top stories right now before 6:00 a.m. on the east coast, president trump slams senator john mccain again in my exclusive interview. >> he's been campaigning for years, i'm not a fan of john mccain. maria: exclusive sit-down with the president including what he said of the federal reserve, economy. the deadly 737 max crash, first canceled order of 737 max, we have the details and look at the stock since it started. general motors making investment in the united states, pour $300 million in plant near detroit, this coming after backlash of president trump of closure of ohio plant. new problems at facebook to report, the company admitted
6:00 am
127 Views
IN COLLECTIONS
FOX Business Television Archive Television Archive News Search ServiceUploaded by TV Archive on