tv After the Bell FOX Business September 23, 2019 4:00pm-5:01pm EDT
4:00 pm
they won't show the whole. rudy giuliani took fredo to the cleaners. first time i've watched cnn in a long time. i hate to watch it because it is so fake. thank you very much, everybody. thank you very much. [reporters shouting questions] >> thank you. connell: president trump there at the u.n. busy day of meetings. he wraps it up in time for the closing bell on wall street. melissa: that was nice to him. connell: we'll get back to the president in a moment. stocks as they close up, kicking off the week in the green here for the dow, pushed higher in the morning by u.s. factory report that was better than expected. the dow closing about up 15 points. first day of gains in three sessions. walmart and proctor & gamble hitting all-time highs today. the s&p in positive territory as well. nope, down a little bit. just about to stay up. it ends up down by less than a point here in the final moments
4:01 pm
of trade, the nasdaq down by five points. so there you go. welcome to "after the bell" i should say, i'm connell mcshane. melissa: i'm melissa francis. here is what is new at this hour president trump at the united nations holding meetings with several world leaders today, including one with the president of egypt of the president defending private talks with the ukrainian president about joe biden as tensions with iran continue to escalate. we'll bring all the breaking headlines from president trump at this hour. four months of demonstrations in hong kong as the city is on edge ahead of china's 7 this anniversary celebrations. we'll later this hour speak to one of the organizers of the protests fresh off her meetings with lawmakers in d.c. on the movement and what demands need to be met. apple's commitment to manufacturing. details of the tech giant latest
4:02 pm
investment in america. connell: fox team coverage. a lot going on. jackie deangelis on the floor at the new york stock exchange. blake burman at the white house. hillary vaughn on capitol hill. president wrapping up one of many meetings. under scrutiny in washington as well. blake, we start with you. reporter: a lot of questions coming president trump's way up in new york city for the u.n. general assembly. as soon as the president walked into the united nations this morning he was pressed about the july phone call early this summer of the phone call he had with the new ukrainian president volodymyr zelensky. the president acknowledging on the phone call the two talked about joe biden and corruption in ukraine. biden called that abuse of power. for many democrats it elevated impeachment talk. many of them at least want the whistle-blower complaint be produced. chuck schumer and mitch mcconnell go to the senate floor to give their versions of all of this. schumer called for congressional hearings writing to a mcconnell at one point, this
4:03 pm
is whistle-blower complaint urged urgent and credible not by democrats. it is the president's duty to take the national security matter seriously and take action now. that is the democrat side of things. president trump though is forcefully pushing back today. he said the phone call with zielinski is appropriate. he is taking issue with the media coverage, saying that biden may be investigated. that biden made decisions as vice president regarding ukraine because they benefit ad company which his son sat on the board. watch here. >> joe biden and his son are corrupt. if republican ever said what joe biden ever said they would be getting the electric chair right now. look at the double standard. you people should be ashamed. not all but we have some great journalists we have a lot of crooked journalists you're
4:04 pm
crooked as hell. reporter: president will meet by the way with the ukrainian president in new york city on the sidelines of the u.n. on wednesday. tomorrow he will give his speech before the u.n. general assembly. you could hear there i believe steve holland from reuters trying to get at president what we might hear from him tomorrow. there are also questions as it relates to iran. the president wouldn't necessarily go into detail. we should get better thinking tomorrow as it receipts to next actions the president might or might not take regarding iran. connell: said he would speak about iran and many other things. blake, thank you. melissa: netflix shares turning negative for the year. let's go to jackie deangelis with details on this story. reporter: melissa that's right, it was a loser on the exchange coming for three reasons this is according to "barron's." the first would be the subscriber miss netflix reported. it has had trouble keeping those numbers up. that brings us to the second point. that is because of rising competition.
4:05 pm
netflix achieve executive validated this concern a little bit last week. remember you have apple tv coming. disney plus coming. comcast is coming. netflix is no longer the only show in town. finally surging content costs. it is about original content to compete here hastings reportedly said the cost of these content services for the platform are supposed to rise in the future. meantime take a look at shares of google today as well. following apple's lead here, announcing its own videogame service that debuted today. it is called google play pass, 4.99 a month like apple arcade. if you sign up before november 10th, you can get it 1.99 for 12 months. it is supposed to have hundreds of games. finally the new york stock exchange, first lady melania trump ringing the bell today in new york city. she was joined by elementary school student from the united nations international school. this is part of her be the best
4:06 pm
initiative. white house press secretary stephanie grisham, that kids would get a tour and learn about the economy under the president. guys? melissa: jackie, thank you, meantime how about this for a major shake-up in iowa. senator elizabeth warren edging out joe biden in a new cnn poll. bernie sanders trailing far behind. barron's over the weekend writes, wall street is worried about elizabeth warren and it is right to take her seriously. we have adam lashinsky and michael lee. i will go to you first, michael, we had number of columns in the last week about this subject the latest from "barron's," this first of all the idea the market would sell off big time if there was a president elizabeth warren, do you buy into that? the second part, should we take that possibility more seriously? >> absolutely. part of the reason we've had so much success over the last couple years in large part to
4:07 pm
deregulation and corporate tax reform. all that would be undone extremely quickly under a president elizabeth warren. in addition to all new sorts of, all new sorts of taxes including a wealth tax which is unheard of in this country, these are not good things for capitalist society. would you invest a billion dollars to make money if you knew elizabeth warren would just take it? the flood of capital investment would leave this country if she does become president will be substantial. i think it is kind of a terrifying thought, policies she put forward. that being said, in the democratic candidate field she seems like the adult in the room. she can explain all her policies. has a plan for most things. a lot of things are well-thought out. a lot of people might disagree with some of them. i think she will be the nominee. connell: that is the part should she be taken more seriously. adam, what do you make of the surge in many polls including most recent one in iowa from
4:08 pm
elizabeth warren, what it means for markets? >> there is no question we should be taking her seriously. if you step back, think about it, she is the equivalent of an elite athlete in sports. she does this very well, the way president trump in his own extremely uniquely way does it extremely well. if that, still ridiculously early of course. last time i checked the iowa caucuses are in february. but these things do have a way of presenting themselves and this is the the way it is looking. so i think she will be a very serious candidate for those reasons. melissa: oh, snap. social media company snapchat reportedly putting together a dossier about facebook monopoly practice called project voldemort. this is days after ceo mark zuckerberg went to washington to meet with political leaders. hillary vaughn is live on capitol hill with more on this. hillary? reporter: melissa, some startups and rival apps are getting their
4:09 pm
revenge on facebook by ratting them out to the ftc and one of those getting their revenge is snapchat. "the wall street journal" is reporting that snapchat's legal team is handing over a dossier of information to the ftc that their legal team calls project voldemort. named after the main bad guy in the "harry potter" series. the project is essentially a rap sheet keeping track of all the tricks the tech titan tried to use to convince snapchat founder evan spiegel to sell his startup to facebook and the ways that facebook retaliated against them after snap refused the deal. the dossier says facebook's zuckerberg told spiegel to take the offer on the table that they would dupe snapchat features into their own platform which eventually happened with instagram stories. the report also says facebook tried to keep influencers mentioning snapchat on their platform and tried to keep snapchat content trending on
4:10 pm
instagram. there is not just snapchat with bad booed against facebook and other apps are cooperating with the ftc probe. this sends a message that other tech companies are cooperating with the ftc, facebook has incentive to cooperate with them, lawmakers on capitol hill have more ways to get information if facebook down cooperate with them. melissa: oh, hillary i like it. thank you. a new chapter over his book club is coming to apple tv. november the 1st the series is set to launch. adam and michael are back. does the oprah magic hold the same power? >> if it's a yes or no thing i would say probably not. like many of us, many so of her best work is behind her but she is an example, her collaboration with apple is an example of how absolutely throwing this war is going to be among all the multibillion-dollar services
4:11 pm
trying to get our five or 12 bucks a month. we can't subscribe to all of them. is oprah the one that puts you over? not me but there will be people for whom the answer is yes i suppose. melissa: michael, it is very interesting about apple's approach. they're trying to come up with all original content. they're trying to give you stuff you can't get elsewhere. they're trying to round it out, give something for everyone in the family. you know you have to guess this is a bid for women. will it work? >> yeah. i definitely think it is going to workers specially along the book front. the oprah effect is actually a definition on investpedia she has a huge following. this is a big win. another commercial with jennifer aniston and reese witherspoon coming out on apple plus tv. i think they will make a real dent what we were listing too before about netflix. i think this competition is about to begin to get interesting. melissa: all right. adam and michael, thank you. connell: more to come on what blake burman was reporting
4:12 pm
about. accusations flying from president trump about former vice president joe biden about improper dealings with ukraine. we'll break it down with dan men henninger from the "wall street journal" when he respond. melissa: iran releasing the british tanker ahead of the united nations summit. what is iran's next play? connell: hundreds of thousands stranded abroad as a travel company thomas cook collapses forcing travelers to find a way home. how you can be forced into a similar situation. that is coming up. ♪ performance comes in lots of flavors. there's the amped-up, over-tuned, feeding-frenzy-of sheet-metal-kind. and then there's performance that just leaves you feeling better as a result.
4:13 pm
4:14 pm
(groans) hmph... (food grunting menacingly) when the food you love doesn't love you back, stay smooth and fight heartburn fast with tums smoothies. ♪ tum tum-tum tum tums but some give their clients cookie cutter portfolios. fisher investments tailors portfolios to your goals and needs. some only call when they have something to sell. fisher calls regularly so you stay informed. and while some advisors are happy to earn commissions whether you do well or not. fisher investments fees are structured so we do better when you do better.
4:15 pm
maybe that's why most of our clients come from other money managers. fisher investments. clearly better money management. that could allow hackers devices into your home.ys and like all doors, they're safer when locked. that's why you need xfinity xfi. with the xfi gateway, devices connected to your homes wifi are protected. which helps keep people outside from accessing your passwords, credit cards and cameras. and people inside from accidentally visiting sites that aren't secure. and if someone trys we'll let you know. xfi advanced security. if it's connected, it's protected. call, click, or visit a store today.
4:16 pm
connell: breaking news, prosecutors in california have a investigation into e labs. this investigation by the u.s. attorney's office is in the early stages. spokesperson for juul with no immediate comment. melissa: president trump at the u.n. general assembly, the president set to hold a bilat lal meeting with egyptian president any moment now. we'll bring you any breaking comments as soon as they happen. earlier today the president speaking out on the state of play with iran. let's listen. >> number one state of terror in the world.
4:17 pm
the agreement we had didn't cover that. they were doing very poorly. iran is doing very poorly. iran is different place. having very big difficults to put it mildly. so we'll see. melissa: this comes as iran says a british oil tanker it seized in july under maritime violations is free to leave, more than a month after british authorities released an iranian tanker detained off gibraltar. here to discuss is chris harmer, retired navy commander. first of all explain that series of events? >> i remember back when the uk let go the iranian tanker. i thought why are they going first? doesn't iran have one of theirs? some might have suggested at the time there is choreograph, it is more about who comes first, who goes second but we would see within a few weeks the other side going. what happened here in your mind? >> that is a good question. good insight you have there. this is choreographed issue. something that takes place
4:18 pm
behind the scenes. neither side wants to be scene backing down first. but the british government has extensive contacts with the middle east. they would let the iranian tanker go free and iranians wait a period of time to let the tanker go free. it is easy to escalate. so difficult to de-escalate. give the british government creditor doing de-escalation. that is one single problem no longer on the table but all the other fundamental structural long-term problems are still there. melissa: do you think anybody will happen at the u.n. meeting this week? >> nothing that will change anything long term. look the iranians are trying to portray themselves in the short term as responsible counterparties in a negotiation. what they have gone through is a cycle of escalation and de-escalation. it is strategically savvy, you have to give credit to the iranian leadership, they know what they're doing, taking a weak happened doing the best they can.
4:19 pm
doing a overall pretty good job. i'm not making excuses for the iranian regime. they are state sponsors of terror. we should not be unclear. they are backing off, playing strong backing off. melissa: what does that achieve for them because the other side would say that the sanctions are being put to them very hard and the reason why we see them lashing out because they are hurting at home. that doesn't mesh -- >> that is absolutely accurate. they're in deep trouble financially at home. deep trouble politically, the iranian people have had it with the iranian regime. what the regime is trying to do is escalate and use de-escalation as negotiating point to europe and the night we can guarranty security in the persian gulf. you should deal with us as a near equal. the united states will not do that. a couple of european countries might peel off. what the iranians understand explicitly there is a difference in fundamental what is the united states and europe value here. the european union wants more than anything the iranian
4:20 pm
nuclear program to remain on hiatus. the united states more than anything want iran forced to dismantle the terrorist sponsorship. they haven't done so successfully but that is what they're trying to do. melissa: you think stopping killing people around the world in terror attacks is more important to the united states than getting a nuclear weapon? >> is not more important. it is that the europeans only want half the problem. we want the whole problem. we absolutely want the nuclear programs to stay on hiatus but in addition to that we want them to stop the global sponsorship of terror. with the europeans it is simply cad caught if the iranians put the nuclear program on hiatus and turn a blind eye to the terrorist activity. melissa: we don't know they put it on hiatus. >> we don't. thank you. melissa: thank you, chris. connell: big story around apple and the commitment to the u.s. manufacturing. the tech giant announced they will make the new mac book pro
4:21 pm
in america. find out which city won apple's business. week 16 of the demonstrations in hong kong. protesters promising a big show for the 70th anniversary of the people's republic of china. that is next week, the 1st of october. later this hour we'll speak to one of the biggest voices in the movement. one of the organizers of the hong kong protests will join us live. ♪ with drivewise. it lets you know when you go too fast... ...and brake too hard. with feedback to help you drive safer. giving you the power to actually lower your cost. unfortunately, it can't do anything about that. now that you know the truth... are you in good hands?
4:22 pm
"have you lost weight?" of course i have- ever since i started renting from national. because national lets me lose the wait at the counter... ...and choose any car in the aisle. and i don't wait when i return, thanks to drop & go. at national, i can lose the wait...and keep it off. looking good, patrick. i know. (vo) go national. go like a pro.
4:24 pm
i'm not really a, i thought wall street guy.ns. what's the hesitation? eh, it just feels too complicated, you know? well sure, at first, but jj can help you with that. jj, will you break it down for this gentleman? hey, ian. you know, at td ameritrade, we can walk you through your options trades step by step until you're comfortable. i could be up for that. that's taking options trading from wall st. to main st. hey guys, wanna play some pool? eh, i'm not really a pool guy.
4:25 pm
what's the hesitation? it's just complicated. step-by-step options trading support from td ameritrade connell: keeping manufacturing in america. apple announcing its new macbook pro will be made in austin, texas, part of a pledge for the company to invest $300 billion in the country by 2023 the city of austin's mayor, steve adler, tells fox business tell its us how it won the bid without offering any tax incentives. >> we have more startups here than any other place else. a lot of environment, the employees, apple wants to hire,
4:26 pm
want to live in austin, texas. connell: bret larsen, fox news 24/7 anchor. you remember his inner -- interview last week. you talked about making stuff here. >> i have to admit i'm a little biased to austin because my sister lives there. great place to go. connell: full disclosure. >> they have really a rapidly growing technology community which is great. this is part of apple's advance manufacturing fund. they are making the mac pro in austin, that set to hit the store shelves in next couple weeks. interesting to note, we talked about this with jeff williams last week at the corning plant where the glass is made for the ipad, iphone and the apple watch, a lot of parts that go into all of the electronics that we buy from apple are actually sourced from right here in the u.s. listen to what he had to say about that. >> the focus of the fund, when we launched it, the focus was on
4:27 pm
improving technologies, advancing innovation and manufacturing processes and trying to, trying to sustain and push the kind of jobs that we think are right for the united states. just like the jobs here. reporter: actually interesting to note that the face i.d. sensor in the new iphone is actually made in a factory there in texas. the mac pro will feature parts from pretty much all over the u.s., next mexico, new york, oregon, pennsylvania. connell: that is an interesting thought, if you have parts not only from the u.s. but overseas a little give-and-take for apple. i wonder if more companies follow this, negotiate, get exemption of tariffs, if you have a part of the mac pro coming from china, that is not a tariff because you agreed to make the rest of it here, that type of negotiation, we may see more of that? >> right. you almost have to have the balance, when you look at the iphone, so much of the iphone
4:28 pm
comes from the u.s. it also comes from all over the world. connell: right. >> this is global manufacturing we're talking about. so it will be interesting to see how they deal with that. almost have to make a complicated xcel spreadsheet to explain, that these are things made here in the u.s. that we're sending out. these are things made other places we're bringing in and we're assembling it all in different places. connell: bottom line you got the message out there in kentucky with mr. williams. apple wants people to hear about this, the fact that, hey, not everything we make is over in china? >> exactly. they want good-paying american jobs here in the united states. they are the biggest company in america. so it makes sense. connell: they get the tariff exemption as a result. interesting. bret, good reporting as usual. bret larson. melissa: sorting out the accusations. president trump and former vice president joe biden dealing fire over the dealings in ukraine. what really happened? how will this play out in 2020? we'll talk to dan henninger from
4:29 pm
"the wall street journal." that's next. connell: hundreds of thousands of air travelers around the world are scrambling trying to find a way home. what you should know before you go to the airport. that's coming up. ♪. t. just another reminder of the value you'll find at fidelity. open an account today. of the value you'll find at fidelity. my body is truly powerful. i have the power to lower my blood sugar and a1c. because i can still make my own insulin. and trulicity activates my body to release it like it's supposed to. trulicity is for people with type 2 diabetes. it's not insulin. i take it once a week. it starts acting in my body from the first dose. trulicity isn't for people with type 1 diabetes or diabetic ketoacidosis. don't take trulicity if you're allergic to it, you or your family have medullary thyroid cancer, or have multiple endocrine neoplasia syndrome type 2. stop trulicity and call your doctor right away
4:30 pm
if you have an allergic reaction, a lump or swelling in your neck, or severe stomach pain. serious side effects may include pancreatitis. taking trulicity with a sulfonylurea or insulin increases low blood sugar risk. side effects include nausea, diarrhea, vomiting, belly pain and decreased appetite, which lead to dehydration and may worsen kidney problems. i have it within me to lower my a1c. ask your doctor about trulicity. [upbeat♪action music] (pilot) we're going to be on the tarmac for another 45 minutes or so. i had no idea why my mouth was constantly dry. it gave me bad breath. it was so embarrassing.
4:31 pm
now i take biotene dry mouth lozenges whenever i'm on the go, which is all the time. biotene dry mouth lozenges. freshen breath anytime, anywhere. it's something we take personally, and believe in passionately. it's the idea that if our mothers were diagnosed with cancer, how would we want them to be treated? that's exactly how we care for you. with answers and actions. to hear your concerns, quiet your fears, lift your spirits. with teams of cancer experts and specialists, delivering advanced treatment options and compassionate support
4:32 pm
every step of the way. all here in one place, with one purpose. to fight your cancer, together. that's the mother standard of care. this is how we inspire hope. this is how we heal. cancer treatment centers of america. appointments available now. cancer treatment centers of america. liberty mutual customizes your car insurance, hmm. exactly. so you only pay for what you need. nice. but, uh... what's up with your... partner? not again. limu that's your reflection. only pay for what you need. ♪ liberty, liberty, liberty, liberty ♪ ♪ melissa: the road to 2020 winding through ukraine. president trump and democratic hopeful former vice president joe biden exchanging accusations over improper dealings with eastern european countries.
4:33 pm
bring in dan henninger from "the wall street journal." he is also a fox news contributor. the irony of this situation, it feels like if you put the transcript next to each other of possibly -- we don't know what president trump about what was talked about during the phone call, what was alleged, joe biden on camera, i told them if they don't fire the prosecutor they're not getting the damn money or whatever it was, it seems like the kind of similar things. what's the difference in your mind? >> i don't think there is a big difference, melissa. that is probably not a bad idea. maybe the white house should release the transcript of what the president said to the ukrainian president because they're both talking about political hard ball and, vice president biden is bragged about what he did over there. so i think it is kind of a wash. i also do think this is another one of these kind of events where the media just elevates it
4:34 pm
up to a crime against humanity when the average person out in the country is just shaking their head wondering what the heck is going on in washington and why we're spending so much time with something like this? melissa: do you think that the democrats, more jumped on board with the idea of impeachment over the weekend. i think it is interesting elizabeth warren is one of the loudest voices all of sudden saying investigate president trump on this because she may be excited to give oxygen to the underlying content of this which would bring hunter biden back into the forefront and all of the dealings that joe biden and hunter biden had? >> oh, absolutely. for the democratic left this is a two-fer. they get to attack president trump as always but now they will be dragging joe biden through the mud as well to try to damage him this is a back-door pathway for elizabeth warren to head for the nomination if they can tear down joe biden alongside donald trump. i think the left has every interest in pushing the
4:35 pm
impeachment narrative if it means that the white house is going to keep pulling joe biden along with them. melissa: what they did together, there are democrats who make the point no one broke the law, no one did anything illegal but if you look back in 2013 when then vice president joe biden flew over to china with his son there, hunter biden, two weeks later hunter started a private equity firm. china put $1.5 billion into that fund in order to do deals t was a subsidiary bank or subsidiary of the chinese government, is that, does that necessarily, maybe it reflects badly on hunter because you would ask he has no financial experience, what right does he have to that kind of an investment? does it necessarily reflect badly on the former vice president? >> yeah. i would say it does reflect badly. now i don't necessarily think at all that joe biden did anything that was illegal or actionable
4:36 pm
but certainly it doesn't look good when his son was over there picking up $50,000 a month from the head of burisma. melissa: we'll pick up president trump holding a bilateral meeting with the egyptian president at the u.n. >> it was not long ago in turmoil. it is not in turmoil now. i want to say we have a long-term great relationship. it is better than ever before. we're doing a lot of trading, a lot of business. we're talking about many different locations like libya. i think libya might be a subject we'll be discussing i have a feeling and the relationship is great. it is great to have you. thank you very much. >> yes, sir. [speaking native tongue]
4:37 pm
melissa: all right, we'll wait to listen in for a second, we're expecting some words from the president in english obviously. this is hard for the vast majority of us to understand. connell: right. he had a number of meetings throughout the day, this one with the president of egypt, president he he elsisi perhaps e getting a translation? >> translator: [inaudible]. >> thank you very much. reporter: [inaudible]. >> louder, please?
4:38 pm
reporter: are you worried about demonstrations in egypt -- >> demonstrations? reporter: in egypt? >> no. i guess everybody has demonstrations. even your best friend in the whole world, president obama, he had a lot of demonstrations. no i'm not concerned with it. egypt has a great leader. he is highly respected. he has brought order. before he was here there was very little order. there was chaos. and so i'm not worried about that at all. reporter: mr. president -- ask you to tone down the -- with china? >> we're doing very well with china. we're way up. our stock market is up. many, many trillions of dollars. our country as worth is many trillions of dollars. china is down many trillions of dollar. if my opponent won the election, china's economy would have surpassed the united states by now. with me there is a tremendous
4:39 pm
difference. we're way number one and china is number two. china is going to do fine. we're talking to china. we have very serious conversations coming up, steve. you might want to talk about that for just one second. >> the vice premier is coming to washington, d.c. next week. we look forward to those conversations. [inaudible]. president instructed us all along if we can get the right deal we'll do it. if not we're perfectly comfortable where we are. >> china wants to make a deal. they have a lot of people that don't have jobs now because their supply chain is broken and we'll see what happens. but they're also starting to buy our agricultural product. they're making a big move towards buying our actually product and the ag product. i appreciate that very much. i was telling people to tell president xi we appreciate it but they are starting to buy our agricultural product and china want to make a deal. we'll see what happens. reporter: [inaudible] >> i don't want to say it but --
4:40 pm
reporter: any effort to have a meeting with the french president regarding iran? >> well emanuel is a friend of mine. he can always have a meeting. we have to turn down many meetings because for some reason everybody wants to meet with us. i consider it a a great honorthe united states is doing very well. everybody wants to meet with the united states. we can't do with everybody. we had to turn down unfortunately. egypt is a very special place. a very important place. i think you have the largest population anywhere in your part of the world by far. >> yes. >> my wife was there and she took these beautiful pictures with the pyramids in the back. she loved the pyramids. she was in love with the pyramids. you treated her so nicely. but the first lady was there with a group. those pyramids are something very special. the pictures were something she
4:41 pm
will never forget. that was really good. okay. reporter: mr. president possible ask a question of egyptian president whether he has a comment on demonstrations going on in your country? >> sure. >> [speaking native tongue] connell: president trump was asked a few minutes ago about the demonstrations as the reporter put it happening in egypt. he deflected the question saying something to the effect of every country has their demonstrations. egypt has theirs. president el-sisi is being asked for his response he just delivered. here is the translation. >> translator: to make sure business political islam is having a role in the political arena and consequently this part
4:42 pm
of the world will remain in a state of instability as long as political islam is -- [speaking in native tongue] connell: a little bit more on that subject. as you see at the bottom of the screen the previous answer, steve mnuchin, treasury secretary added to that about china, saying that if they do get the right deal at the next round of negotiations they will do it but don't feel pressured into any kind of a deal. let's listen again i suppose into the translation. >> translator: -- political islam they have demonstrated their refusal beforehand to have control on the country -- [inaudible]. >> steve? reporter: the vice president is trying to play this mediation role with iran s that something you report?
4:43 pm
melissa: they're asking a question in english. connell: we should listen. >> iran wants to do something. i don't think we need a mediator. he is a friend of mine but we're not looking for any mediators. they know who to call. reporter: mr. president, will you meet with president rouhani this week in new york? >> we have no meeting scheduled. somebody said they would like to meet. there was some talk about yemen. all of sudden they want to get out of yemen. that's a good thing. i heard that a little while ago as you probably heard it. we'll see what happens but we have nothing scheduled at this moment. reporter: you would not rule it out? >> i would never rule anything out. why would i do that? reporter: [inaudible]. farming communities, perhaps up state, can you comment on that is that good sign, bad sign, either? >> they're starting to buy a lot of our ag product. steve could -- >> at our request they delayed that. we didn't want any confusion. they have started buying
4:44 pm
agriculture. they will reschedule that at a different time. the timing didn't work. that was a at our request. >> what was at our request, out of curiosity? >> we didn't want confusion -- >> i want them to buy farm product. >> there was no confusion. we want them to buy agriculture. they committed to buy agriculture. >> they have committed to buy a lot offing a curt ture. they have started. we should get them over there as soon as possible so they can start buying. they have already started buying as you know, and as you have heard. a lot of product from our farmers and our ranchers. okay? thank you very much. thank you, everybody. melissa: let's bring in -- make sure he is not answering something else. we'll keep an eye on that to make sure he doesn't say something else. if so we'll go back to it. dan henninger from "the wall street journal," i love that moment at the end, talking about china beginning to buy many solve our agriculture steve mnuchin talking about a little delay or hiccup, the president, why was there a
4:45 pm
delay? you're never safe from being, i guess, grilled by the boss in front of a large crowd. >> not this boss, that's for sure. well obviously the chinese trade negotiations are at a very sensitive stage and the chinese raised the possibility of dividing up the agreement into two parts. one focusing on agriculture, getting that restarted and setting off the rest of the stuff like intellectual property for the future. i think the president and bob lighthizer, his chief trade negotiator do not want to make that separation. so i don't have the slightest doubt president trump is acutely focused on this question of agricultural products and trade. he wants it incorporated in a larger deal, not just done separately. at least that is the understanding at the moment. >> his approach on iran, consistent and very interesting. you know they said right there, is there a meeting set? he said basically, i would go ahead with one. there isn't one that is set but we're always open to the idea.
4:46 pm
we hear they want to get out of yemen. he said a lot of other things. but it is that same pattern of full-court press in terms of the sanctions but never closing the door sitting down and talking. is that what you heard and do you think that is a wise approach? >> well, as we said, president trump said, he is always open to any approach. he will talk to anybody. we know that i think what was really significant about what we're watching there, he is sitting there next to president el-sisi of egypt. they are very important country. they have gotten closer to israel. israel just had an election. they still don't quite know who their president will be going forward but middle east is in flux. i'm sure president trump had an interest there to get the support, at least privately of the president of egypt for whatever is going forward with iran. that was kind of a big deal in my mind. melissa: you know, that is such a great point and that picture really illustrated it. egypt has kind of been the route
4:47 pm
to iran for a lot of different countries if they want to talk to them. they are a little bit of a gatekeeper if you want to talk to them or they carry some messages. having him say in front of the president of egypt, i'm glad you pointed that out, we would have a meeting anytime. do you, i don't know do you think thain creases the chances? do you think egypt is trying to broker something? >> i don't know whether they are trying to broker something or getting that deeply involved. the possibility has been raised the president said the saudis will pay for anything over there. the possibility of saudi arabia might take care of any military spats arise. i don't think they have that capacity but egypt has a extremely large and capable army. i'm not suging they would get involved with anything down there but it's a very important i think for president up trump to have egypt on his side especially at a time when israel is trying to figure out where their political future is going to be. so that is no doubt what he was
4:48 pm
trying to do there. melissa: thank thank you for stg with us through all that, giving your on the spot analysis. we appreciate it. >> good to be with you. connell: as we move on, one of the biggest voices in the movement, marking four months of demonstrations in hong kong. protesters targeting subway stations an shopping malls clashing with the police as the city embraces for the 70th anniversary coming up, peoples republic of china being founded. up next we have one of the leaders of the protest movement with next steps and why she is meeting with lawmakers in d.c. ♪ voya helps them to and through retirement... ...dealing with today's expenses... ...like college... ...while helping plan, invest and protect for the future. so they'll be okay... without me? um... and when we knock out this wall imagine the closet space? yes! oh hey, son. yeah, i think they'll be fine.
4:49 pm
voya. helping you to and through retirement. i'm working to make connections of a different kind. adp helps canyon ranch place the right people in the right jobs, so employees like dave can achieve what they're working for. "have you lost weight?" of course i have- ever since i started renting from national. because national lets me lose the wait at the counter... ...and choose any car in the aisle. and i don't wait when i return, thanks to drop & go. at national, i can lose the wait...and keep it off. looking good, patrick. i know. (vo) go national. go like a pro. but when i started seeing things, i didn't know what was happening... so i kept it in. he started believing things that weren't true. i knew something was wrong...
4:50 pm
but i didn't say a word. during the course of their disease around 50% of people with parkinson's may experience hallucinations or delusions. but now, doctors are prescribing nuplazid. the only fda approved medicine... proven to significantly reduce hallucinations and delusions related to parkinson's. don't take nuplazid if you are allergic to its ingredients. nuplazid can increase the risk of death in elderly people with dementia-related psychosis and is not for treating symptoms unrelated to parkinson's disease. nuplazid can cause changes in heart rhythm and should not be taken if you have certain abnormal heart rhythms or take other drugs that are known to cause changes in heart rhythm. tell your doctor about any changes in medicines you're taking. the most common side effects are swelling of the arms and legs and confusion. we spoke up and it made all the difference. ask your parkinson's specialist about nuplazid.
4:52 pm
but dad, you've got allstate. with accident forgiveness they guarantee your rates won't go up just because of an accident. smart kid. indeed. are you in good hands? connell: protests in hong kong threatening an important date right around the corner. beijing getting ready to celebrate the 70th anniversary of the founding of the people's republic of china. that is on the first october. there is a lot of buildup to that. hong kong protesters are vowing to rain on the parade so to speak. one of the organizers of the
4:53 pm
protests is here in new york. thank you for coming on the show. i want to talk about what you're here in the united states, but tell us what we can expect on the 1st of october on your end. >> the 1st of october is the national day. normally every year we would hold marchs to voice out our need for democracy in hong kong. this year of course we'll talk about our five demands and continue to fight for the five demands and universal suffrage until we get it to be heard. connell: okay. so this will be a bigger, larger protest than usual on a day like this? >> yes. connell: i guess the concern is it might turn violent or? >> we hope, my organization holds marchs and rallies in totally peaceful way. we consider ourself to be the safety valve of public anger however the police and the hong kong government is closing the valve, banning our rallies
4:54 pm
and demonstrations. we may expect later in the 1st of october they will do it again. so i believe that is the tactic, when they want to close the safety valve, it is just human nature, that ask hong kong people protesters will feeled need to escalate their actions. so the police will have more excuses to crack down and more arrests, et cetera. connell: you mentioned specific demands and that protest remembers making. talk about that, does that have anything to do with your visit to the united states meeting with members of congress in washington? >> yes. connell: what are you hoping to accomplish? >> in hong kong we face that deadlock here in hong kong. protesters feel the need to escalate our actions because the government is not listening to us. the government is escalating their actions. amnesty international says the police are committing torture against protesters and people being arrested. so it is, in hong kong we face a very urgent situation. connell: so you want the u.s. to do more?
4:55 pm
>> yes, definitely. wees specially hope that the u.s. congress can help us to pass through the hong kong human rights and democracy act. now here in the u.s. we are facing a lot of encouragement so far. connell: final thinking, i was there at the very beginning of protest, the first wednesday after the weekend march. that was the day the extradition bill was supposed to go into the legislature there. this seems like move or r more than that what are you hoping to accomplish. >> to sum up the five demands the police, hong kong government and beijing government are breaking their own law with no legal consequences the on congresspeople, sum up five demands we want protection. connell: protection. >> without the five demands being responded we will have no protection. that is why hong kong people are fighting for it now. connell: okay. >> we'll go on until it achieved. connell: we'll cover the story. bonnie leong.
4:56 pm
thank you for being here. melissa. melissa: hundreds of thousands passengers stranded, thomas cook is failed to get emergency funding. greg palkot in london. what a mess. reporter: what a mess. global travel chaos as you noted. hundreds of thousands of travelers stranded, the thomas cook tour operator basically went bust. 21,000 of its employees as well, 16 countries laid off. what is called the uk's biggest peacetime repatriation efforts, britain hired planes to get the 150,000 fellow countrymen back including some vacationing in the united states at no cost. it could take a couple weeks. listen to a couple disgruntled travelers. >> we've been saving up for a year for this holiday. we paid all our money. paid all the insurance.
4:57 pm
we come here on a flight, we pay that. we will lose the money now. we have nothing left. reporter: it was a long struggle before they called it quits. analysts blame ad lot of things. it gets down to changes in customs of travel. people more and more like to book online. the air, hotel, the cars, they're shunning more and more the packaged tour groups. that is what really hit thomas cook hard. one final note, uk prime minister boris johnson acknowledged he was approached by the company. asked for a bailout he said. this is a quote. that would be a lot of money from my taxpayers. he said no. he did help with the planes though to get the british people back. melissa: keep people from being stranded. greg thank you for that. here is jacob, market watch reporter. everyone saw this story, immediately thought, what if this happened to me?
4:58 pm
now do you protect yourself from a tour company or online group. >> this is where travel insurance can be super helpful. folks from overseas and britain, they are lucky in britain, if you buy, buy packaged deals from companies like thomas cook, they have government sponsored protection program in place, folks who buy all inclusive packages are protected through this government fund. and that is what is helping. melissa: how about here in the u.s.? the guy said he >> to make sure that they are going to be solvent when you are
4:59 pm
traveling with them, especially pay attention the low-cost carriers. some of them have been having financial trouble lately and that can put you in a bind if they suddenly go out of business. again, you know, if you purchase travel insurance, verify that they protect you in the case that a company goes out of business. melissa: how common is that? >> it is relatively common, but this is, you know, one of those things when you are buying any insurance policy, read the fine print. you don't know if it will reimburse you so you may still have to pay the charges up front. you don't know if the insurance company will help you, you know, find a new flight, find a new hotel, whatever it might be, so make sure you know how your policy will protect you before you go on the trip, not once you're finding yourself in the position that you're stranded overseas somewhere. melissa: wow, jason thank you for that. can you imagine? connell: no, you said it at the beginning. everybody who saw the story what if that was me? melissa: what does it really
5:00 pm
mean? what do you mean they don't have to find you a way home? connell: right, when renting a car, you see that, oh, i can get insurance, and you think you have enough. melissa: or you think it covers everything. it cuts both ways. connell: exactly. melissa: that does it for us. bulls & bears now. david: president trump back in his hometown of new york city for the u.n. general assembly where he has been meeting with a series of key world leaders. in this hour he will meet with the president of south korea, moon jae in. we will bring you the headlines when it begins. all this as tensions with iran continue to escalate. get ready for a big showdown as both president trump and iranian president rouhani get set to take the stage tomorrow. both nations looking to build support against the other. who will win out? hi everybody. this is bulls & bears. thank you for joining us. i'm david asman. joining me is kristina
100 Views
IN COLLECTIONS
FOX Business Television Archive Television Archive News Search ServiceUploaded by TV Archive on