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tv   FBN AM  FOX Business  September 4, 2019 5:00am-6:00am EDT

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to protect them from real life. s ashley: hurricane dorian ripping through the bahamas bringing death and destruction and is moving dangerously close to florida. the next several hours critical for millions of people as the carolinas could be bracing for impact. lauren: breaking overnight, hong kong's stocks soaring, up 4% after carrie lamb gives into a major demand to protester as donald trump doubles down on china. ashley: the democrats' green new deal got a lot greener. the 2020 hopefuls revealing the climate change proposals and guess what, they don't come
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cheap. lauren: let me get to the point, ashley. technology is making us i'm impatient. it is wednesday, september 4t september 4th. "fbn: a.m." starts right now. ♪ lauren: i am impatient lately. welcome to "fbn: a.m.." i'm lauren simonetti. ashley: good morning, i'm ash ashley webster, in for cheryl casone. lauren: u.s. futures looked to recover much of yesterday's selloff, triggered by new data, showing the manufacturing sector contracting for the first time in h two years. ashley: the yield on the 10 year treasury is up 1 basis point, right at 1.48% on the 10-year. lauren: yesterday, major concerns of a global slowdown, that took down the price of oil, recovering this morning, $54.17 a barrel. ashley: take a look at the
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stocks in asia, hang seng closing up nearly 4% on the extradition bill perhaps being withdrawn. the nikkei, hang seng, kospi and shanghai moving higher today. lauren: u.k. law make voted last night to a allow a bil bilr a no deal brexit in the eu. ashley: hurricane dorian's eye passed to the east of cape canaveral earlier this morning. more than 2 million residents along the coast in florida, georgia, north and south carolina are on high alert. lauren: a ray bogen has the latest from atlantic beach, florida. good morning, ray. >> reporter: good morning to you. here in atlantic beach, we're experiencing very strong winds and at times pouring rain. we saw the first reports of sustained tropical storm force winds just to our south in st.
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augustine. it's a matter of time before we start to experience the same thing. across florida, there are 6,000 people in shelters, 115 shelters are open but only one of them is full. so if you need a place to evacuate, there is still plenty of space and based on the conditions we're experiencing, that window to evacuate may be closing. now, emergency management officials here are admitting that after days of hearing warnings about this very slow-moving storm, members of the public are starting to grow impatient and feel fatigued. but that doesn't mean the danger is over. >> there will be life-threatening winds and surf conditions. now is the time to shelter in place. stay off of the beach. don't drive around if you don't have to. this is not the time for sight-seeing. >> reporter: now, take a look at this helicopter footage of the bahamas. there are massive fields of
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debris. early reports suggest at least 45% of homes in grand bahama are damaged or destroyed. that's just the first assessment. at least seven people are dead. >> i had no idea it was going to actually be to that extent. it was worse than anything i could have imagined. so we're happy to be alive. glad that my family is safe. and we can rebuild. we will rebuild. >> reporter: as you can see, they're going to need a lot of help in the bahamas. luckily, there's no shortage of people and organizations that are willing to help. royal caribbean and disney are pledging $1 million each. royal caribbean is also bringing supplies like clean water and generators. back to you. ashley: thank you very much. lauren: we're now starting to see the legacy of dorian and the destruction it left behind in the bahamas with at least seven confirmed deaths. dorian's powerful winds and floodwaters destroyed thousands of homes there. look at this video, a girl
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wading through waist-deep water carrying her dog as she's rescued from her flooded home. one of the islands with 50,000 people is about 70% under water. the full scope of the disaster is still unknown as we start to see these images. the prime minister says the death toll is also unfortunately expected to rise. ashley: now to the crisis in hong kong. a major development. the city's leader, carrie lamb, is expected to formally withdraw a proposed e extradition bill. it will meet one of the five major demands of the protesters. the hong kong stock market jumped following the news. joshua wong is urging taiwan to stage a mass protest to step up the pressure in beijing. he has been released on bail after being he detained in the wake of the hong kong protests. marco rubio in a washington post op ed saying, quote, what's
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happening in hong kong is not simply china's internal affair. the united states and other responsible nations are not watching from the sidelines. lauren: no, they're not. president trump is certainly ramping up the pressure on beijing, threatening to be tougher on china in a second term if the two countries don't reach a deal. this comes as the u.s. and china slap new tariffs on one another and china seeks international help. ashley: we get the latest from hillary vaughn in washington. good morning, hillary. >> reporter: china says they will sue the u.s. through the world trade oranization after the president ignored their request to delay the latest round of tariffs put in place on sunday. china's vice premier met with a delegation of u.s. senators including senator steve danes and david perdue on tuesday. a senate aide says they met with the vice premier to have conversations about both security concerns and also ongoing trade negotiations between the u.s. and china but this is not a step forward in
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trade talks. these meetings were advanced separate from the white house. senator steve dane says this in a statement, quote, the purpose of this trip is to bring montana ag to the forefront of the ongoing trade discussions between the united states and china. it is critical that the voice of montana's farmers and ranchers has a big seat at the table during the negotiations. china and the u.s. have not set a date for the trade teams to meet face-to-face here in the us. what was supposed to be a reset on negotiations scheduled for this month. a spokesperson for the chinese commerce industry says the trade fight violates china's ledge met legitimate rights and interests. thethe president saying yesterdy if china is trying to wait out his presidency, he promises to be even tougher on the country in his second term.
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tweeting this. think what happens to china when i win. deal would get much tougher. in the meantime, china's supply chain will crumble and businesses, jobs and money will be gone. the president also saying that china cannot afford to hold out much longer, they continue, he says, to pay the cost and lose jobs because of the tariffs. lauren and ashley. ashley: thank you very much. the u.s. factory activity index, the latest reading shrank last month. the ism manufacturing index falling below 50 in august. that's the first contraction in more than three years. lauren: well, a court battle between the u.s. and huawei continues this morning. the hearing following a government motion to disqualify one of huawei's attorneys, james cole, because he served as the deputy attorney general in the obama administration. yesterday, huawei aused th accue u.s. of launching cyber attacks against it and telling law enforcement to threaten its
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workers. huawe.huawei this morning he dea wall street journal report that it stole smartphone camera technology from a portuguese company. ashley: hundreds of angry protesters blocking london's westminster bridge after boris johnson announced the plan to shut down the u.k. parliament for five weeks ahead of brexit. >> if you shut down the parliament, we shut down the street! ashley: yesterday, british lawmakers voted for a motion that seeks to prevent johnson from taking britain out of the eu without a deal. iit prompted the prime minister he would call for a snap election next month. he promised to pull britain out of the eu on october 31st with or without an agreement. lauren: he needs two-thirds of mps to agree to the general election. ashley: i don't think he's going to get it. lauren: google reportedly being
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targeted in a new anti-trust investigation. more than half of the nation's state attorney generals are planning to launch the probe against google. the investigation is expected to be a nounsed next week in -- announced next week in washington. this comes as the senate anti-trust panel plans to meet this month. ashley: iran giving an ultimatum if the eu wants the 2015 nuclear deal to be salvaged. lauren: tracee carrasco has the he details. tracee, what's the ultimatum? tracee: this morning, iran's president giving the european union two months to try to save the nuclear deal but also saying an agreement is highly unlikely. tehran also saying it would return to its nuclear deal commitment only if it got $15 billion for oil sales over four months as proposed by france. something washington has not signed off on. the comments come after days of
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intense efforts by iran to convince european nations to help iran sell its oil abroad. the nra is slamming walmart's decision to limit some ammunition sales at stores around the nation. the retailer also ending all handgun sales and discouraging open carry inside stores. the gun rights group releasing a statement saying walmart's actions will not make us any safer. walmart's decision comes after a gunman killed 22 people at a walmart in texas last month. the store along with kroger supermarkets also asking customers not to openly carry guns in its stores. the hclu is vowing to block the pentagon from transferring $3.6 billion to build the border wall. the organization calling the move, quote, an unlawful power grab. the funds will be used for 175 miles of new barriers. it will put 127 other military projects on hold. construction is expected to begin in january.
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and it could last for at least a year. and two tennis stars going in opposite directions at the u.s. open. serena wil williams dominates, winning in just 44 minutes. on the men's side, roger federer is now out of the tournament. the 38-year-old battling a back injury, losing in five sets. and that is what's happening now. that was tough to watch. lauren: i love seeing tiger woods in the background, cheering everybody on. ashley: and roger federer, i guesses human after all. lauren: the dow is up about 1%, nasdaq gaining 1 and a third percent this morning. coming up, to cut or not to cut as president trump ramps up his attacks on jay powell. will the fed chief aggressively cut rates or will he stick to his guns? if pumpkin spice isn't your
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lauren: horning dorian creeping, dangerously close to the u.s. shoreline an millions of people in georgia, florida and the carolinas are bracing for him pact.
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ashleyimpact.ashley: janice den the fox weather center with the latest. janice: the storm is moving northwest around 8 miles an hour, still quite slow. we'll be dealing with tomorrow and friday and then finally the storm will start to accelerate. still a category 2. we are dealing with impacts we think the worst of the i'll pacts for the carolinas. so even though we come close to north florida and georgia, we really could he see the core of the strongest hurricane force winds for parts of the carolinas and then perhaps a landfall somewhere around that area. storm surge could be catastrophic in some of the areas, depending where you live, along the shoreline, 4 to 7 feet of storm surge and we could deal with 6 to 12 inches of rainfall depending on where the storm comes close to shore. harthe storm is 80 miles off the
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coast of florida. here's the latest track as of 5:00 a.m. there is thursday, around 2:00 a.m., and then as we get into friday we're thinking a close brush, if not a landfall across either south carolina, north carolina or both. that is the question mark. but the impacts are going to be the same. computer models are in pretty good agreement now that all along the coast needs to be prepared for impact from dorian. lauren: janice, thank you. ashley: u.s. stock index futures are pointing to gains at the open this morning, hopefully to wipe out what we lost yesterday, this after hong kong's leader a agreed to withdraw a controversial extradition bill. there is no end in sight to the u.s.-china trade war as investors weigh the latest signs showing the u.s. economy is facing a possible recession. let's bring in david dietz,
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chief investment strategist and craig dismuke. thank you for being here. david, let me begin with you. you say, look, the markets, the joke is that the stock market has forecast 11 of the last five recessions. it's funny but it's kind of true. i say the "r" word. what is the data telling you? >> it's a possibility here. i think probably your strongest reason to be on the lookout is the inversion of the yield curve or the flattening of the yield curve. it's unusual to have longer dated maturities yielding the same or less than shorter dated. historically, that's been linked with a recession. you've got near recession conditions overseas, particularly in germany. that could wash ashore. and of course the uncertainty from the trade wars, of course have diminished manufacturing activity worldwide. those are the reasons to be on the lookout for recession. ashley: craig, what is the bond market telling us right now?
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i mean, is inversion -- we follow it every day now. what's it's telling us as interest rates in general continue to sink lower and lower. >> i think the bond market is telling us we need to be anxious and they're continuing to reflect the increased amount of uncertainty that's out there. the yield curve inversion, when the twos, tens invert, it's done so four times prior to this cycle during modern times. three times it led to recession. the one time it didn't was 1998 when we had the asian financial crisis. once the curve inverted, the fed cut rates 50 basis points very quickly. i think it's critical that the fed come in, be aggressive, take leadership of the market and try to get the curve back to being positively sloped. ashley: that's a good point. david, what do you expect the fed to do and what would you like to see them do? >> it's a toss-up between a quarter point and 50 point cut. the 50 point cut i think is
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beefed use -- best used in an emergency situation. it would be to uninvert the yield curve. you have a 10 year at one and-a-half. maybe you need more than a quarter. i think they're going to go a quarter and talk about having the market and economies back and there's going to be more you ahead as long as the data justifies that. i think that's where they go at this point. ashley: craig, listen, cutting the rates, if the fed does so, even half a percent, it's great for the markets. does it do a whole lot for the economy. europe has been going lower and lower and lower and yet the economy in europe is struggling to gain any traction. >> that's the challenge right now. i think monetary policy makers are pushing on a string. the catch to that is when financial conditions are such as they are today where you have the inverted curve and the risk factors that are signaling to investors, to business leaders, to lenders, there may be trouble on the horizon, i think they have to come in and try to shape
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financial conditions to be the best possible environment for economic growth and so that's the point i think of cutting rates right now is just to get financial conditions back to where you don't have all these signals for a recession. ashley: we're going to have to leave it there. thank you for joining us this morning, david and craig. thank you. >> thank you. lauren: facebook is making its facial recognition technology an opt-in service. the change being rolled out to users around the world as facebook is under pressure to protect user privacy. and the ceo, mark zuckerberg, facing a lot of criticism over the company's privacy issues as well. now democratic senator ron widen of or hof oregon wants zuckerbeg behind bars. the senator introduced a bill in 2018 that would give the ftc power to crack down on companies who violate consumer privacy. the bill says executives could face up to 20 years in jail. he says zuckerberg repeatedly lied to the american people and
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should be held accountable. let tas a look at futures this morning. nice rally on our hands. the dow is up 228 points, s&p up 26, nasdaq up 100. it is a global rally this morning. juiced by, well, carrie lamb saying in hong kong she will pull formally that extradition bill, one of the key demands of the protesters. some farmers are fed up over congress stalling on passing the usmca trade deal. they have a new plan of attack. ♪ young man, are you listening to me. ♪ i said young man, do you want to sell beans. ♪ i said trump, man, you can make real your dreams. ♪ but you've got to know this one thing. lauren: what better way to get your message out than through strong? will the message work. we're talking to the missouri farm bureau president on how the trade wars are affecting history. and talk to the hand.
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♪ you need to pass the usmca. ♪ we need to pass the usmca. ♪ we can grow everything that people enjoy. ♪ like chicken, eggs and soy. lauren: okay, the missouri farm bureau producing that video to the tune of ymca, urging congress to pass the usmca, saying the trade deal will
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benefit american farmers. president trump pushing lawmakers to ratify the deal. democrats still holding out. blake hurst is president of the missouri farm bureau. cute video. thanks for joining us. >> you bet. thank you for having me. lauren: what are the hang-ups with passing the usmca? mexico is the only one to ratify the deal thus far. >> well, we think we've got the votes to get it passed. it's just a question of getting it before congress. the senate will pass it when they get the opportunity. so it comes down to speaker pelosi and the decision she makes about when to bring it up. but we're optimistic. lauren: what are the hang-ups in the house then? does it have to do with enforcement of the deal and laws of the deal? for instance, if mexico decides it's going to pay workers low wages that will suck jobs from the u.s. no? >> well, there surely are labor and environmental provisions in the agreement that weren't in the original nafta bill so i think that that should be a
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reason for some democratic legislators to vote for it. obviously, people still want more. it's been kind of a tortuous negotiation over the past 18 months. i think it will be difficult to get more. we just need to have a vote. lauren: how badly do you need usmca to alleviate the pain that farmers are feeling from the trade war with china? >> well, if you've seen that video, you'll realize i had no future as a dancer. [ laughter ] >> it's very important that i have the ability to sell the corn and soybeans we raise at our farm in northwest missouri to canada and mexico. it turns out that even though we've obviously spent the last year talking about china and a our problems with china, canada and mexico are our two biggest customers for the things we produce. we've got to have those markets. the usmca is an improvement over nafta, not a huge one, but an improvement. and we need to get it passed. lauren: speaking of china, how
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optimistic are you that there will be a deal reached and how patient can you and your colleagues actually be here? do you think we can go back to the framework that china ultimately backtracked on from may or do we start a new type of deal? >> you know, i don't think that any farmer that's watched the process over the last 18 months can be very optimistic at this point. it seems to me we're getting awfully close to a presidential election to have a successful negotiation. so if it were to be done, it's best that it be done pretty quick. lauren: now is the time. >> but we need that market. it's our biggest market for u.s. soybeans, an important market for cotton, lots of opportunities there for beef and other -- pork, other u.s. commodities. so we have hope but not a lot of optimism at this point. lauren: all right. hope for the usmca too. blake hurst, thanks for joining us. >> you bet. thank you. ashley: all right.
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talk to the hand. hello. at least that's what amazon's hoping for. the company is testing scanners that can read a human hand print and use it as a payment method in its stores. pretty cool. amazon reportedly hoping to roll out the feature in whole foods in the coming months. that's according to the new york post. the scanners are currently being tested at at amazon's new york offices on vending machines. they will use high def scanning to read your hand print without you actually having to touch the machine. you just kind of -- lauren: no thank you. biometrics. ashley: yeah, it's headed that way, i'm afraid. lauren: your money this morning, dow surging 224, nasdaq gaining 98. ahead, we'll tell you how the 2020 candidates are ready to spend trillions of your money before they've even got the nomination. and an app that could put users in scenes in movies and tv shows. the story going viral. we'll be right back. at synchrony,
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lauren: three more 2020 democrats releasing their climate change plans. cory booker, elizabeth warren and julian castro unveiling their plans yesterday, each one costing at least, are you ready, $3 trillion. this is ahead of a town hall scheduled for tonight for several of these candidates to address climate change. washington examiner commentary writer brad polombo is here. thanks for joining us. the candidates are releasing what they see as the issue of the environment. but where is the voter on the issue? and i say this because jay insly dropped out of the race and he was the climate change candidate. didn't work for him. will it wore for them? >> he didn't fare too well running exclusively on climate change. elizabeth warren has literally adopted his proposal for climate change, almost word for word.
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she marketed herself as a candidate with a plan for everything. while the goals of stopping climate change are all well and good. i have to ask, when is she going to give us a plan that actually works. lauren: let's take a look at her plan. she's calling for 100% clean energy in 10 years, whether this is in the buildings that we construct, in our cars, in our electric grid. 100% clean energy in 10 years many and she's going to pay for it by reversing the trump tax cuts. my question to you is how does that resonate in detroit when we're talking cars, in corporate america when we're talking reversing the trump tax cuts. >> the american people, they like their tax cuts. they don't want to give them back. they also know that at face value that plan doesn't make sense. you can't pay for 3 trillion in climate plan with 1 trillion in taxes. that's not how this works. also, how many other things has she promised to pay for by reversing these tax cuts. you can't just do this for everything under the sun.
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and also, you cannot have a serious climate change plan that doesn't include nuclear power and doesn't address carbon emissions in india and china and the plan doesn't. so it's just -- it's an empty suit of a climate proposal. lauren: joe biden also has a climate change plan, not as ambitious. now there's concerns he's too moderate of a candidate to put out there. his camp is saying we're not worried about iowa. he has the lead still in iowa. what do you make of his camp kind of making a an excuse for iowa already. >> i think it's bizarre that they're out here couching their language that they might not win iowa or new hampshire. this whole pitch is supposed to be his electability. he's an old, straight, white dude in the democratic party in 2019. he's not as far left as bernie. his whole pitch was i can win elections. now he's out here, walking that back. that's a big concern.
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lauren: brad, thanks for the time. >> thanks. ashley: .ashley: e-mails in the admissions scandal raising questions about the role of money. the wall street journal reports the e-mails explicitly show a connection between admissions decisions and the size of family's donations. the journal says one e-mail highlights the access of rick singer who led the cheating scheme had at the school. it discusses a 2007 meeting between a former university president and an unidentified individual who reportedly was a wealthy parent. lauren: and deep space technology is becoming increasingly popular. one of those apps is taking the internet by storm. the app allows users to insert themselves into scenes from movies and tv shows. all you do is upload a selfie and, well, ai does the rest. the app is now facing serious backlash after it was discovered
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that users were signing away, quote, permanent and transferable rights to their content. zou issues an apology, saying it won't store people's images anymore and made changes to the privacy policy. the app is only available in apple's china app store. ashley: let's take a look at the action on wall street this morning. after the selloff yesterday, gaining a lot of it back, the dow up 200 points in the premarket. also coming up, we know the carolinas in the crosshairs of hurricane dorian as the storm spins up the east coast. right now, hundreds of thousands of people bracing for devastating storm surge and flash flooding. we're live on the ground, next. also, get this, financial trouble at the vatican. the pope says it's time to tighten the belt at the holy c. you are watching "fbn: a.m.." at fidelity, we believe your money
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lauren: the attention now shifting to the carolinas where the category 2 storm could make landfall. ashley: aishah hasnie has a report. good morning. >> reporter: good morning. we've got time yet to get out of this town. you can see there's no rain, no wind just yet but it's coming. i want to show you something. if you take a look behind me at
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this marina, you see all these e boats. you remember when hurricane hugo hit, that was a cat 4, all of the boats were taken out of the water and tossed all over the place. with dorian the concern will be the storm surge and the flooding. governor mcmaster issued a mandatory evacuation order for several coastal counties, i-26 has been reversed so people can get out of here. >> south carolina is still in the path of what is a very destructive and deadly storm. if you are in the evacuation zones, in the eight counties mentioned earlier along the coast, the time to leave is now. >> reporter: and we've seen some homes and businesses along the water boarded up, a couple who has lived here all their lives told us they remember hugo. they say it won't be that bad this time around but they say this is still a very dangerous
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situation. >> evacuation, all that was a little bit premature but i understand certainly, having lived on folly beach how it can be and everything's closed up now and everybody's leaving, can't get on the island and i can certainly understand the storm surge is real. >> reporter: lauren and ashley, the airport here will cease operations at 3:00 this afternoon, so people have just a few more hours to figure out what their plans are, if they're going to stay, if they're going to go. ashley: time is running out o thanout.thank you so much. lauren: facebook will not let the department of homeland security create fake profiles to monitor foreigners looking to enter america. the company told dhs it will shut down the accounts even if they're run by undercover law enforcement. this announcement follows a report last week that homeland security authorized agents to
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use fake social media profiles. ashley: the shipping wars are heating up or heaping up as well as the holiday season gets closer to fight a amazon's plans to up its delivery with more vehicles and planes, the other delivery guys, well, they're upping their games as well. fed ex planning to expand its delivery service to seven days a week. ups is considering using drones and self-driving vehicles to speed up its deliveries. lauren: because i want it now. ashley: right away. futures, by the way heading higher this morning, lost 2806 0 points yesterday, up 200 today. still ahead, british prime minister boris johnson dealt a stunning blow in parliament. can he salvage a brexit deal? and why ariana grande has a serious problem with forever 21. we'll tell you why. keep it here on "fbn: a.m.." our 18-year-old
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ashley: stocks in europe are rallying this morning after hong kong's leader reportedly planning to withdraw a controversial extradition bill. that is being felt around the globe and in europe as well, as you can see, all the major indexes, the u.k., france and germany all moving higher. the german index, the dax up more than 1%. the british pound also gaining ground this morning, up at 121, and it had dropped to 119 just yesterday. so it's getting cheaper to visit london, right. but the stakes in the brexit battle continue t continue to gr boris johnson suffered a major setback. michael hewson joins us now.
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good morning to you. where do we stand now? i think the mps in parliament will try to get some legislation through that takes no deal brexit off the table. the prime minister says if that happens, then guess what, we're going to call for a snap election. but he needs a two-thirds majority to do that. i don't think he has it. do you? >> no, he definitely doesn't have it. i'll be surprised if the labor party went along with that. for me, it's sequencing that's the important thing here, ashley. and i think for boris johnson to get an election out of the labor party, he will need to commit to asking for an extension from the european union. and we're talking about taking no deal off the table. you can't take no deal off the table. all you can do is ask for an extension to that 31st of october deadline. there are still only three options available as things stand. leave with a deal.
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leave without a deal or revoke art l kelarticle 50. the best we can hope for is to still be talking about this in november and december or an election. ashley: that's true. boris johnson says if you take no deal off the table, it weakens our negotiating power with the eu. >> that's absolutely right. but i think you can't take no deal off the table. but what they can do is force the prime minister to ask for an extension. i think that's where their energies will lie. i think if the labor party wants to go for an election, they need to commit to an election post the extension of article 50 because if they ask for an election and then boris johnson wins that election before the 31st of october, he can then reverse that vote and leave without a deal and i think that's what the no dealers really don't want to happen. they want to commit to an extension. so this is all about sequencing for me. it's going to be very, very
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difficult to try and sift your way through it. there's anithere's an alphabef possibilities here. ashley: one day we'll be talking about something else. i don't know when that is. michael hewson, thanks for trying to make sense of it all. i'm sure we'll be talking about it again soon. lauren: britain needs a miracle and quite frankly the vatican, the pope is tightening the belt with the holy c. pope francis is ordering a stop to spending investment at the vatican to close a widening budget deficit. the deficit about doubled last year. officials havofofficials have cr years about lose spending. ashley: tighten the old belt. lauren: the coast guard suspended the search for survivors from that massive dive
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boat fire off of california's coast. ashley: tracee carrasco joins us with the details. tracee: 34 people are believed to be dead from that fire. investigators say the fire spread so quickly through a small room where scuba divers were sleeping. flames blocked both exits, making it nearly impossible for them to escape. new coast guard video showing smoke billowing in the air as rescuers arrived. divers recovered 20 bodies, 14 are still missing. it's unclear what caused the boat fire during the scuba diving trip. a trade group represents the world's airlines says there remains no consensus on bringing boeing 737 max back into service. global regulators have traditionally followed the lead of the federal aviation add fedn administration certification process he's but the trade group says international regulators have indicated they will pursue their own analysis of the 737 max.
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that could delay the plane's return. and your morning cup of coffee may never be the same. yagejagemeister is launching a d brew coffee fused with its lieur. is it for breakfast? you brink it at night? maybe both. that's what's happening now. lauren: i think that's a great idea. ashley is -- coming up, the changing face of instagram. why it may not be for selfies and food anymore. it's moving on. patience might be a virtue. it's certainly running in short supply. we'll tell you why.
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♪ ♪ lauren: charging the company using social media campaign without her permission, they never came to an agreement, so alleges that the retailer went ahead with plans anyway. which one is ariana grande, forever 21 disputes. [laughter] ashley: all right, instagram,
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you know -- thank you very much. loved it. instagram wasting its potential? lauren: another story just for you. [laughter] >> thank you very much. ashley: everyone does. >> so, yeah, get this, instagram is becoming even that much more of an influencer out there even with social media, forget about facebook, it's instagram, 50% of people get news from social media and with teenagers 80% of teenagers use instagram, trying to combine it with the news aspect, teenagers prefer instagram because they like the visual side of it but also the comments so you can be interactive, they hate reading the niece. lauren: i like instagram because it doesn't have news. i like it. >> facebook now, inundated with
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news, it's supposed to be separate, but not that much anymore because the teenager want ad dollars and the fact that they are using it. lauren: inundated which makes us inpatient, is this because of technology? >> patience is virtue, i'm not alone, the average person takes 16 seconds for them to become frustrated. ashley: more than i thought. >> everyone is losing their minds these days as we know and, of course, the main reason why, social media and also smartphones, now, it's pretty interesting, things like 30 second to wait in line for coffee, you wait more than 30 second, you're getting frustrated, also the amount of time that you want to response to your e-mail, anywhere between an hour to 90 minutes and then you're getting very angry. lauren: i respect everyone who -- ashley: my wife never
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responds. [laughter] >> i can't relate to that. ashley: really? >> the fact is that more and more people can't sit still and kids are going back to school now. ashley: attention span, zero. thank you very much. lauren: thank you. mornings with maria start now. maria: good morning to you, see you in a few minutes, good morning, happy wednesday to you, i'm maria bartiromo, it is wednesday september 4th, your top stories right now just before 6:00 a.m. on the east coast, futures indicating a big rally at the start of trading following yesterday's selloff, take a look at futures, up 195 points, s&p futures up 23 and nasdaq futures up 85, this on breaking news this morning the hong kong extradition bill fully withdrawn, hong kong's leader making it official moments ago, early reports of the news driving stocks higher there as well. we will take you there and show you the latest out of hong kong out of breaking news this morning, meanwhile there's
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dorian, path of destruction continues, hurricane heading up the east coast, more than 2 million people under evacuation warning. this as we start to get a look at devastation left behind in bahamas, the very latest on the path coming up. brexit showdown, bringing blowout and johnson has no choice to call general election putting his own future in question, mornings with maria begins right now. ♪ maria: big show this morning with breaking news, joining the conversation fox business network jackie and ceo along with labor secretary nominee andy puzder with here, chief investment strategist nancy, great to see everybody here. right into hong kong with the

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