tv FBN AM FOX Business May 16, 2019 5:00am-6:00am EDT
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blasio. adding to the numbers over the radical den. that is it for us tonight. thank you for being with us. congressman greene joins lauren: here are your market movers at 5:00 a.m. huawei fighting back against president trump's executive order, banning u.s. companies from using telecom equipment from firms that pose a national security threat, saying the u.s. will only suffer an and lag behd in the race to 5g. president trump set to unveil a new plan aimed at tackling the crisis at the southern border. can he get democrats on-board to fix broken immigration laws? we're live in washington with closer look at the plan. the ftc is taking action against robocalls. the new effort to protect consumers from spammers and how the move gives you more power to
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block those unwanted calls. is a redo coming? game of thrones has been the king of controversy in the final season. fans are demanding a do-over. it is thursday, may 16th. "fbn: a.m." starts right now. cheryl: here is how your money is moving at 5:00 a.m. well, take a look at futures right now. we have just turned slightly positive for the dow, we're up by 3 points right now. s&p is flat. nasdaq down by 6 and a quarter, a little bit of a recovery happening yesterday for your markets. he global crude prices hitting a two week high on escalation of iran conflict. therwe're seeing a lotof build . european markets watching oil and the trade standoff between the united states and china, a lot of pressure on european
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markets. ftse down by a quarter of a percent. asian shares reacting to the administration's move to delaney decision on auto tariffs, especially the japanese automakers and we're watching reaction to china's decision to drop treasury holdings to the lowest level sinc since 2017. lauren: good morning. i'm lauren simonetti. cheryl: good morning, i'm cheryl casone. lauren: the ten.lauren: presis signing an executive order that takes aim at chinas' huawei. the order bans u.s. companies from using equipment from foreign suppliers that are seen as a national security risk. cheryl: big move by the trump administration. they say that huawei spies on the united states but the company is denying these allegations and here's the statement that you huawei issued. we are ready and willing to engage with the u.s. government and come up with effective measures to ensure product security, restricting huawei from doing business in the u.s.
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will not make the u.s. more secure or stronger, instead this will limit the u.s. to inferior and more expensive alternatives eventually harming the interest of u.s. companies and consumers. lou basineste joins us. the big he questio big question, this is an executive order, a national security issue. do you agree from a business standpoint that we can go without huawei involved in 5g development in this country. >> we have to stand with trump on this ban. 5g is of critical importance because of what it enables. all the major tech trends of the next decade will rely on 5g networks. huawei will say you can't do it without us. there are other infrastructure players that will enable 5g that are not foreign entities that we have to worry about spying. there's a domestic carrier,
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nseegos. they're picking up the slack. cheryl: there's some u.s. chip makers that sell into huawei, might be impacted. i want to ask about that. this move is, quote, to restrict sales or transfers of american technology to huawei, this is at the crux of the trade standoff, trade war if you will that we're in the middle of with china. does this escalate the fight? of how much do you think this i rates, frankly, the chinese government. >> look, i think this steps it up. before we were moving pawns around the chess board. now we're getting serious with meaningful pieces. it's your move next, china. what's going to happen, right? we've seen a retaliation, a tit-for-tat. it's likely -- we talk about what other potential tariffs could be enacted by china might impact tesla or apple that were saved in the last spat that went on. that might not be the case this time. cheryl: the bigger story, we found out that we've got this move by the chinese to sell off u.s. treasuries, as the trade
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fight intensifies. what about the u.s. chip makers in particular, those that do depend-i'm thinking of qualcomm, those that depend on china in general. are you watching that sec r tore right now and -- sector right now, maybe evaluating some of those names? >> i think have you to be on watch, that some of these big tech chip companies have up to 50% exposure to china. there are names that i think that become attractive in the selloff and xpi semiconductor is a great example, they sold off last time down into the 70s in late december and rallied back above 100. have you to be selective and find the bargains among the bunch. cheryl: it's all timing the market seems to be the story of the week. i want to move to tesla. t rorowe price cutting holdingsn tesla. s&p is up 14%. it's lower in the premarket. 81% of their shares of tesla basically they dumped it.
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what do you make of this move? >> it's a crisis of confidence. we talked about this so many times with tesla. there's so many red flags here. wall street is not going to just unabashedly support elon musk and he's got to make up for this lagging demand and prove that there is a future and a future of profitability for tesla and right now that's hugely in doubt which i think is indicative of t rowe price selling out. they are investing in tesla's competitors in self-drive cars, they increased stakes in crews and waymo. the writeing's on the wall, there's no confidence in tesla right now. cheryl: thank you very much. we're going to take a closer look at president trump's executive order on foreign telecom equipment, the huawei story. wilbur ross is going to be joining maria bartiromo this morning on "mornings with maria," that interview is going to be at 7:30 a.m. eastern time. lauren: looking forward. meanwhile, president trump is set to unveil a new plan today
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aimed at tackling the crisis at the southern border. the president is now calling on democrats to join the administration in fixing our broken immigration laws. cheryl: crisis at the border. griff jenkins live in washington with a closer look at what is in the plan that we found out about yesterday. griff, good morning. >> reporter: good morning, lauren and cheryl. when the president lays out his plan this afternoon, look for two things. one will be a pillar of securing the border. we're familiar with that. it will also overhaul the nation's legal immigration system, shifting it from a family based one to a merit based one, pry o prioritizing s, education and employment over family ties. it would increase it up to 57% and it would reduce family based system from the current 66% down to 33%. and it would favor recruiting people under a build america visa who have these traits, extraordinary tal talent, professional skills and
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exceptional students. president trump is optimistic it will have congressional support. >> we're fighting the democrats. the democrats want open bore dering'sborders,that means crim. it will go before congress. it will have tremendous republican support. >> reporter: the plan does not address what to do about daca or the undocumented population already here in the u.s. democrats are skeptical, senator dick durbin had this to say. >> there have been so many aborted efforts when it comes to immigration reform under this president. i'm skeptical as to whether he truly wants to deal with immigration. >> reporter: someone who does want to do something, senator lindsey graham unveiling his legislation to stop the surge at the border, adding more immigration judges, changing policies for -- for unaccompanied children. >> this is a nightmare for smugglers. this is a god send to stop the
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humanitarian disas tear. >> reporter: get your popcorn ready. the speech will be in the rose garden today with the president. at one p -- one point the officials wanted to highlight, the u.s. will issue the same number of green cards it does now and just for different reasons and the visa lottery system would be eliminated. >> lauren: thank you for covering that. cheryl: let's talk about the faa. in the hot seat yesterday on capitol hill, following two deadly crashes of boeing 737 max jets. the acting administrator told lawmakers his agency did not think that a faulty light in the cockpit was a critical safety issue even though it did play a part in both crashes. >> the light is advisory. >> okay. then why is it there at all? >> it's good for maintenance. >> so then really you don't think it's significant that boeing didn't tell people the system was in the plane and didn't tell people that the disagree light didn't work, none
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of that was problematic. >> i think that's an issue, sir. we're going to look into it. it shouldn't take a year to find out that that discovery was made. cheryl: he says the automatic flight control system implicated in the crashes should have been explained better by boeing and he defended the faa's certification procedures and why the u.s. was the last country to actually ground the 737 max plain. lauren: let's get to other headlines making news this thursday. a helicopter crashing into the hudson river outside of new york stitch take a look at this video. the whole thing caught on camera. the hell come tear had -- cop tear ha---helicopter had just tf after refueling. the pilot walked away with a minor injury. pg & e found at fault. investigators concluding the company responsible for the camp wildfire that killed 85 people. they could face billions in liability costs. the wall street journal is
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reporting that usa today owner gannet is set to keep control of the board in a proxy fight. there was support from the nominees but the votes for gannet's choices have reportedly gained far more support. president trump is pardoning conrad black, the media baron and former business partner of the president. he was convicted of fraud and obstruction of justice charges back in 2007. the white house citing his exceptional character as one of the reasons for the pardon. today, new york city mayor bill de blasio is expect todd announce his 2020 presidential run. he would be the 23rd democrat to announce his candidacy. he is expected to visit the early voting states, iowa and south carolina, this weekend. but a recent poll says 76% of voters from his own city say he should not run for president
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because if you live in new york city, you see homelessness everywhere, you see people moving out because of taxes, should i go on, cheryl? cheryl: we definitely could go on. what were protesters saying, what did they call him, the world's worst mayor? >?lauren: yes, i believe so. cheryl: we have got the numbers, they are in. the public is now weighing in on the trump economy. we're going to break it all down for you. and are you sick of constant annoying really annoying robocalls? we've got details on what looks like a solution from the fcc. you're watching "fbn: a.m." ♪ you better run. ♪ run back for your mother. ♪ back for your father. ♪ run for your children, for your sisters and brothers. ♪ elp when you need it. with licensed agents available 24/7. it's not just easy.
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...or trips to mars. $4.95. delivery drones or the latest phones. $4.95. no matter what you trade, at fidelity it's just $4.95 per online u.s. equity trade. cheryl: the numbers are in. president trump's approval rating is on the rise. in a brand-new fox news poll, he voters weighing in on his strengths and where there's room for improvement. lauren: aishah hasnie joins us now to break it all down and hear what voters think. >> reporter: nearly half of americans polled think president trump is doing a pretty good job and one place that really shines is the economy. 47% say the economy is in excellent or good condition. in the last 18 years, that number has only been higher
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twice, both times were under the trump administration in 2018. go back to a month before trump's inauguration to december of 2016, and just 33% of voters then rated the economy positively. now, voters also weighing in on how good of a job president trump is doing. 46% approve of the president's job. >> i think what you actually see is the president is navigating a democratic party that is more radicalized than we've ever seen and more hardened against -- if it wasn't trump, they would do it against any republican. that's their state of mind. >> reporter: let's take a look at border security and immigration. so 46% approve of president trump's handling of border security. that's grown since 2018. 41% approve of how he's handled immigration so far. but some say that's a battle democrats are going to face too. >> it has been an issue and it would be in the 2020 elections.
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the problem is, not only do republicans need to get unified but also democrats are offering no solutions. >> reporter: when it comes to foreign policy, 50% say president trump not tough enough on north korea. that's up 20% from april of last year. 18% think the president is too tough on iran. 5 point increase since last year. one thing that hasn't changed for years, most americans not happy with congress. 66% of people polled disapprove of the job congress is doing right now. is that a surprise? i don't know. lauren, cheryl, back to you. cheryl: not a surprise at all. thank you very much. they just cannot get americans' approval in congress. lauren: she summed up the report card of president trump pretty well. walmart challenging amazon for shipping supremacy. the super store taking on the
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lauren: walmart reports its latest earnings results this morning. investors looking for comments on the potential impact of the u.s. trade war with china. let's bring in matt striber, chief investment strategist of wbi investments. good morning, matt. what do you expect to hear from walmart. if you look at the liss of the items that have a tariff or will get one, walmart sells nearly all of them. >> i think it doesn't affect
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walmart maybe in the current quarter. but on a go-forward basis i may be concerned about walmart's earnings and revenue and profit margins on an upcoming basis. lauren: do you think hold back on cash, they sit on cash, stop making investments because of the uncertainty around china? and i say this with respect to their one day shipping, $215 million is the expected cost of that. >> yeah, well, if they can get the shipping right, they've got the local distribution facilities. they've also got pricing power here and one of the largest buyers of goods in the world and if they can get where they're sourcing these right, they may have pricing power relative to some of their other competitors, like amazon. amazon has a markup. you have the convenience there, factor of amazon, but walmart has pricing power. if they can get the shipping right and they can get it to the consumer cheaper, they actually might win the day long term
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here. lauren: you mention sourcing. i want to bring up cisco. yesterday the ceo said we see very little impact of higher tariffs. but i thought technology was caught in the crosshairs and in the middle of the trade dispute between beijing and washington, not cisco. >> it is a little bit. but with cisco, they have a diversified business so they have a lot of i.t. services, obviously hardware and the cost of chips and some of those devices plays into the business. but cisco here is relatively cheap, relative to other tech companies at the moment with a 19p.e. and a dividend yield of 2.7. so i think you're getting paid to wait here with this particular name, which i like. lauren: the stock is up 3.5% right now in the premarket. comments on the call yesterday, the company also said they've started to move some of r their supply chains, just throwing that out there. as we talk about this impact from the trade war, we're seeing new battle lines forming, if you
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will. obviously what's going on with huawei, the u.s. making it more difficult for a major chinese company to do business here. but now we have a report that the chinese have cut back their treasury holdings to the lowest level in two years and now stands at $1.12 trillion. is that the so-called nuclear option, one way that china can really target the u.s. or do you see that not making a big difference? >> i don't he se don't see it mg a difference as some folks think. china needs to stimulate their economy, they need cash. one way is to tap their foreign reserves. treasuries is a considerable position in their foreign reserves. it makes sense as they try hunker down on the trade war and be able to support their markets and their economy. lauren: we're looking at the 10 year treasury, 2.63%. it's interesting that that's moving lower, particularly yesterday as stocks move higher.
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what are the markets telling us? matt, thank you. cheryl: markets slightly lower but we've got a lot more coming up on the u.s. trade war with china. it's in full swing with neither side really ready to budge. we'll talk to a farmer affected by the tariffs to find out what they are feeling in america heartland and why actress lori laughlin is keeping a close eye on felicity huffman in the college admission scandal. is she looking for a sequel or a remake? you're watching "fbn: a.m." ♪ you got me running. ♪ you've got me searching. ♪ hold on. ♪ sweet talking woman. ♪
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global crude prices hitting a two week high on the escalation of u.s.-tehran crisis. european markets closely watching oil. of course, the trade standoff between the u.s. and china, pressure there. asian shares reacting to thed administration's move to delaney decision on auto tariffs. we're watching reaction to china's decision to cut the u.s. treasury holdings, $10.4 billion they cut it, lowest level since p 2017. lauren: we're looking at the new fox new polls. one of them finds many voters think increased tariffs on chinese imports will do more hurt than help for the u.s. economy. 45% say we'll have a negative impact on the economy overall. there's a new report by goldman sachs and it says many executives at s&p 500 companies have expressed frustration and uncertainty about the trade war during first quarter earnings calls. the trade war is hitting the heartland. american farmers. joining us now is the illinois
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farm bureau vice president, brian duncan. thank you for joining us this morning. >> good morning, lauren. great to be with you. lauren: absolutely. interested to hear your perspective on how the trade war is impacting farmers and if farmers are still patient for a solution. >> well, i think patience is wearing thin. i think a lot of farmers were looking at last week and the build-up to the possible deal and subsequent purchase of commodities by china that would have provided a much needed lift to the farm economy and i think when that didn't happen, i think a lot of farmers' frustrations began to overflow, shall i say. and what we've seen, lauren, is low prices and it's not just because of the trade war. we were into our sixth year now of declining -- the declining
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farm economy. so we were not really positioned very well at the beginning of this trade war to withstand a very big hit. and agriculture certainly has taken one. lauren: brian, does a bailout -- does this money, $8.5 billion so far, the usda has paid to farmer n. could make as much as $20 billion available. does that help the situation or would farmsers rather sell? >> farmers would rather get their money from the marketplace. but that being said, when you ask does it help, yes, the reality is we have bills to pay. the economic runway has pretty much run out here on the farm and as we wait on deals, whether it'usmca or a deal with china or with europe, we're going to need some help. we are really the tip of the spear on this trade war. lauren: the farmers that you speak to, have they said that if they voted for president trump
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in 2016, that they're not going to do so again in 2020? >> you know, that's a political question. i think the first question i'll ask you, and farmers would ask, well, who is he going to be running against. okay? i mean. if there's -- i think 2020 really isn't in farmers' minds right now. lauren: but the policy is. the policy that's shaping that race is hurting farmers right now. so i was just curious -- we hear anecdotal stories from farmers that said i supported trump big-time the first time, but i'm not doing that again this time because i don't like what he's done here. have you heard that? >> i have heard that some. and yet on the other side, i have heard tell me who he's going to be running against. lauren: got you. >> if it's around economic or environmental socialist, that's different. lauren: how is that different, sir? >> i think farmers generally are conservative and will toned look
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at a president based on on the issues and not be single issue voters. that being said, i think economy at the end of the day will have a big -- will have a big impact on farmers' decisions. lauren: brian duncan, thank you very much and good luck. >> thank you. cheryl: well, now to the rising tensions with iran. the new york times says that new images of iranian missiles in the persian gulf caused the trump administration to escalate warnings about a threat. they say the images of fully assembled missile ons small boats sparked fear iran would fire them at u.s. naval ships. lauren: president trump is slamming the new york times and washington post for reporting on alleged in-fighting in the white house. the president tweeted this the fake news are writing stories that there is in-fighting with respect to my strong policy in the middle east. there is no in-fightingfighting. cheryl: well, we are watching
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all of these tensions in the r persian gulf, oil prices this morning, investors are watching what's going on between the u.s. and iran. let's bring in phil flynn, march hmarket analyst. what do you make of the escalation between ourselves and the iranians? >> you know, i think it's a real concern, a concern not only for the united states, but the global economy. the way things are playing out, cheryl, i'm seeing the most significant risk to oil supplies we've really seen since the first persian gulf war. these reports for example by the new york times this morning about these small ships with missiles, that could be a plan to perhaps shut down some of the worlds' most important oil routes. even if you do that for a couple of hours, it could actually cause a major price spike and hurt the economy. cheryl: what is it, 17,
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18 million barrels a day are transported between the strait of hormuth alone. the average is 17 cargo ships are going throug going through , tankers, excuse me. >> it is. that's not the only strait that's at risk. the albomrib strait is also at risk. that could cut off supplies from the sue he' sue easy -- suez ca. cheryl: whether it was during the iraq war, the strait of hormuth seems to grab our attention. u.s. production has changed. but still, this crude, the brent crude going to europe, wti screwed here still is affected and very sensitive to this issue, phil. why is that in this you day and age? >> i think what it is -- i think to be honest with you, i think the march he get's been
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relatively calm to -- market's been relativel reel relatively t would have been if we didn't have u.s. production where it is. that's created a buffer. i think prices would have been $10 higher if it weren't for that extra supply. i'll tell you this. this is really going to test the metal of the u.s. producer. we talk about saudi arabia being the he global swing producer because they're able to raise production quickly if there's a disruption. u.s. producers can't do that. this is going to put that to the test. cheryl: do you think gas prices are up this summer? >> that's an easy one. yes, ma'am. cheryl: thank you for being here. always great to have you on the show, phil. >> thank you. lauren: i filled upped yesterday. i was shocked how much more i've expensive it was. we have a possible easing of the crisis in venezuela, as envoys from the government and the opposition head to norway with the goal of ending the conflict there. the u.s. is suspending all
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commercial passenger and cargo flights to and from venezuela. cheryl: the department of homeland security is warning that conditions in the nation are unsafe for americans that are traveling to or from venezuela. what effect will this have both here and in venezuela? lauren: let's bring in capitalistpig.com, jonathan hoenig. as we continue this week to discuss capitalism and socialism, i wanted your thoughts on what is going on in venezuela and how that's a lesson for the left, perhaps, of what could happen here in the u.s. >> yeah, what's going on in venezuela is socialism. the kid p kidnapping, starvatik of access to basic nod i commodc medical care, this is socialism. this is it. in fact, this has been going on for years, really since the chavez administration, upwards of two decades ago.
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that's what brought us to this day. as you pointed out, just this morning, the united states suspending all commercial flights to and from venezuela. this has been going on for some times as well. american airlines suspended their flights in march and most businesses have long since pulled out of venezuela because of their lack of respect of property rights. if they haven't pulled out, a lot of their assets have been nationalized. venezuela, at one time, on a per capita basis was wealthier than the united states. as they adopted socialism, their economy has faltered down to the he destruction in the streets we're seeing today. cheryl: in this country, i'm warning the youth that's out there right now, if they're watching venezuela, do they not understand that is what socialism looks like and we've got these young democrats, they say we're democratic socialists. why did this war on capitalism really start, do you think, with these young democrats like the aocs of the world? where did this come from? >> it has come from the schools,
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cheryl. that's where socialism has been taught not just in recent memory here in the united states but really going book the 1920s and -- going back to the 1920s and the progressive ideas, where ideas of german philosophers came to this country. the gist is that socialist idea, that your life does not belong to you, it's all about the greater good, service to man kind, that's that ideology and creates socialist politics that venezuela is reeling from. as you said, for young people today, socialism is seen as an ideal, the american ideal of capitalism is seen as immoral or wrong. cheryl: they saw their parents in the financial crisis corks they think that's what -- crisis, so they think that's what capitalism,. lauren: they feel scared by capitalism in a sense. we are continuing our look at capitalism versus socialism all week. be sure to stick around today
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for our fox business town hall, hosted by charles payne, you don't want to miss it. 2:00 eastern time. cheryl: well, here are some other headlines we're watching this morning for you. warren buffet's berkshire hathaway revealed they $8.6 million of amazon as of the end of the most recent quarter. the billionaire admitted to underestimating amazon and the ceo, jeff bezos, saying he was an idiot for not investing earlier. the stake is worth more than $900 million. jeff kunz's metallic skul sculpe of a balloon animal rabbit is the most expensiv expense -- exe work of art to be sold by a living artist. the winner, bob mnuchin, the father of steve mnuchin. it was sold by the family of s.i. newhouse.
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george town university expelled a student after he sued over the college admissions scandal. he claims he didn't know that his dad paid to get him into the school. his father pleaded guilty to paying a tennis coach $400,000 to get his son add admitted. lori laughlin is paying close attention to fel felicity huffms case. she said she's relieved prosecutors are not making an example of huffman. there are major differences. these two actresses have a-- there's major differences in how the actresses have approached their cases. bigger is better when it comes to car safety. a new study from i.c. cars.com claims older, smaller cars are the most dangerous on the road. taking the top spots, the mitsubishi mirage, 10.8 fatalities, followed by the chevy corvette, 9.8, the honda
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fit rounding out the top three at 7.7. the mitsubishi mirage is the least expensive car on the market today. lauren: there's a dangerous microsoft bug out in the wild. what the company is doing so you can keep your computer safe. and are you tired of all those annoying robocalls. cheryl: yes. lauren: the fcc, they have a plan to make them go away, at least that's the plan. we'll see how it really pans out when we return on "fbn: a.m." ♪ this is the part when i say i don't want to. ♪ the cloud i need? it has to keep up with sales, supply chain, inventory - ♪ ♪ it needs to track it all, from cincinnati to singapore. ooo! ♪ ♪ and protect it all. customer records, our financials,
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cheryl: more tech troubles this week. microsoft reporting a potentially dangerous bug for windows. looks like they may have fixed it. lauren: brett larson has the details. is this good news, have they fixed it? >> it's bad news that there's a problem. it's good news because it affects older versions of window, back to windows xp. remember windows xp? that was 12 years ago. if you haven't updated from windows xp, now is the time. believe it or not, had this is what shines a light on how serious the problem is. microsoft stopped supporting windows xp several years ago. they issued a patch because of
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this problem. it's a vulnerability in the software, the underlying software. the concern is, it could turn into another one of those want to cry situations we had a couple years ago where some 200,000 computers worldwide were infected with this virus. continued to propagate itself. if you're running windows 7, windows 2007, windows xp do us a solid and download the fix. lauren: when you get the robocalls, what's a way of stopping them all together? >> the fcc, they're going to have a meeting about this in the next couple weeks, they're going to do it in june, we're coming up on june. they're going to give the telephone providers the opportunity to block row bowl r. right now there's a series of apps that will block them you can call your wireless provider and say only allow these certain numbers through, they want to do a white list where you can say
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only these people. this sounds like thanks, captain obvious, if you don't recognize a number, don't answer it. lauren: when they use your area code, it's like -- >> it's so frustrating. >> i get concerned and answer the phone. cheryl: i do use -- i'm not saying to say which carrier. it's not fool proof. i'm not going to say the name. >> i use an app, true call e. runs on the ios. it's socially engaged so people can add numbers to it. lauren: most of my spam calls come from china. you cahe. cheryl: call him. still ahead, here we go, guys, the pros are teeing up for the pga championship. it kicks off today. it's going to be about tiger. can he pull off another big win? winter is here for game of thrones fans.
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cheryl: the pga championship tees off this morning. lauren: jared max is here. we're having a pga championship in may. jared: it's something we've not seen before. it's the first time since 1948, the pga championship in the month of may. it's batting second in the you majors schedule which the change allows golf's playoffs to be
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over before the nfl season begins so you don't have to compete against football. will tiger have the same focus as last month when he won the masters. this month, tiger and his girlfriend were named in a wrongful death lawsuit. he took a shot at john daily this week, asking about him using a golf course for arthritis in the knee. he said i didn't when i had a broken leg. daily said if i could walk, i would do the whole thing. few do it like phil mickelson when it comes to the fans. he said the great thing about golf that other sports don't have is the interaction. signing autographs allows you to do that. he spent over 30 minutes signing for fans. he said he learned the art from arnold palmer, 25 years ago. it's getting ready for the start of the first round at the pga
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championship. tiger woods will be on the courts early this morning along with some of the biggest names, this afternoon, phil mickelson, dustin john corks it wil son, in johnson, it will be a fun weekend. should college athletes be able to earn money? the big 10 conference generated 448% before than 2017. agroup is being formed to determine if rules can be changed so players can earn money off their names, images and likeness. maybe change is coming. cheryl: jared, thank you very much. jared: happy thursday. cheryl: catch jared's sports reports, fox news, 27/7, sirius xm, 115. lauren: coming up, a story that will warm your heart, maybe yours at home as well. it could also line your pockets. you could make money just by drinking rose.
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the game of thrones finale is sunday. ♪ lauren: why some fans are asking for a do-over on the whole season. will there be a season nine? cheryl: that was intense. introducing... smartdogs. the first dogs trained to train humans. stopping drivers from: liking. selfie-ing. and whatever this is. available to the public... never. smartdogs are not the answer. but geico has a simple tip. turn on "do not disturb while driving" mode. brought to you by geico.
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cheryl dherl game of thrones making comeback. tracee: season is not even over but fans are upset of the season that they changed to change the petition. they've been 200,000 people have signed this asking for writers to basically do over the entire season. they are saying that the writers were lazy in efforts this season, really there are number of things that have could have gone wrong with the season so faf. people have said one of the scenes was to dark to see and one of the promos showing characters, jamie, severed hand, character severed hand had miraculously grown back. lauren: tell me how to make
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monolanding. cheryl: thank you. lauren: mornings with maria starts now. maria: i'm maria bartiromo, live from washington, thursday may 16th, your top stories right now before 6:00 a.m. on the east coast. china trade turm moil. president trump signing executive banned at aiming huawei from the united states. wants to resume trade negotiations. we will hear from retail giant wal-mart. we will tell you what that means to broader economy. all that coming up. pga to jfk airport. historic airline turned into lastish -- lavish hotel, we will take you inside.
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♪ ♪ maria: take a look at markets this morning where we see a fractional gain on the upside, markets are higher across the board this morning, dow futures showing gain of 16 points, s&p up 2 and nasdaq up 5 and a half. u.s. china trade, president trump signed executive order banning foreign adversaries, huawei and zte, trade negotiations with china are likely to resume soon. china reacting to trade dispute cutting u.s. treasury holding levels since lowest levels of 2017. joining me committee member debbie and
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