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tv   FBN AM  FOX Business  September 30, 2019 5:00am-6:01am EDT

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the squad or the quad or whatever in the world it is -- [laughter] but it doesn't add up to much or good enough. >> yeah. lou: harmeet, laugh it is 5:00. lauren: it is 5:00 a.m. cheryl: i'm cheryl casone. it is a new week and a new day at fox business. you may have already noticed our screen looks a bit different. we are incredibly excited about changes you'll be seeing not just on this show but across the entire network. lauren: and our new look and design isn't just here on the show. check out foxbusiness.com and the fox business app right now. cheryl: it is a new look across the board but the same team of business journalists that you know and trust. fox business is invested in you. let's get to the news this morning. "fbn: a.m." starts right now.
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♪ ♪ you sain p ain't seen nothing. ♪ you just ain't seen nothing yet. ♪ here's something you're never going to forget. lauren: let's get a look at how your moneys is moving this monday, right here in the u.s. stocks are pointing up. dow gaining 96 points. cheryl: taking a look at asia, a mixed bag. there are your u.s. futures, dow up 96, nasdaq is higher as well. here is the asia board, nikkei, shanghai, those markets a little lower. hang seng and kospi a little higher. tomorrow is the 70th anniversary of the beginning of the communist party. lauren: european stocks are trading mixed as well. london looking a little weak this morning but slight gains
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for the pair requires and the frankfurt markets. cheryl: now to the top story this morning, house intelligence p committee chairman adam schiff says the whistleblower at the center of the impeachment battle will testify, quote, very soon. meanwhile, the attorney for the whistleblower is slamming 60 minutes, saying the program misrepresented a very important document. lauren: we have griff jenkins in washington with the latest. good morning, griff. >> reporter: good morning. a lot of fast-moving overnight news now. 60 minutes last night tweeted they obtained a letter indicating the whistleblower is under federal prosecution because they fear for their safety. that prompted an attorney for the whistleblower taking issue with 60 minutes, tweeting is 60 minutes asserting another source, because if it doesn't, then it is literally making stuff up. that helps no one, especially the whistleblower. the media should always
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accurately report the facts. 60 minutes says they stand by their sources and reporting. this as the biden camp is looking to silence rudy giuliani, writing that giving rudy giuliani l valuable time on the a air is a disservice to the audience and disservice to journalism but the president's lawyer was out in full force yesterday. >> if i changed the names of joe biden and hunter biden to donald trump and donald trump junior, 8 million from ukraine, while under investigation, $1.5 billion from china while negotiating with china, would i be sitting here? please let me finish. >> you just made a -- the $1.5 billion is sum mr simply n. >> reporter: president trump said he deserves to meet his accuser. he tweeted that he wants to meet
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his a accuser and also the person who gave the information to the whistleblower. was this person spying on the u.s. president? big consequences. now, as for impeachment fever, the inquiry has not slowed slowed down he despite congress going on recess. adam schiff says there's no deadline to finish. negotiations are underway for the whistleblower to possibly testify. lauren: the trade war with china starts hitting new parents hard in the us. some baby products now cost as much as 25% higher than they did a year ago. the toy industry is bracing for tariffs to kick in on december 15th. both sides are still talking. beijing plans to send its top trade negotiator, liu he, to washington early next month for more trade talks. all of this follows a report that the white house discussed possible restrictions on u.s. investments in china. the country's state media is warning that move would have
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significant repercussions. cheryl: as china is marking the communist party's 70th anniversary in power this week, the military parade is expected to include a nuclear capable missile that could reach the u.s. in just 30 minutes. lauren: the trade war with china isn't the only trade war we're talking about. the u.s. could be on the brink of a trade deal with the european union. there could be tariffs on european goods in response to subsidies given to airbus. $7.5 billion in eu goods could face those tariffs, which includes planes, food, wine and motorcycles. there are already tariffs on steel and aluminum. president trump he threatened of to penalize cars and car parts as well. cheryl: the wall street journal is reporting that key safeguards
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on the flight control system for the 737 max were included on an earlier version of the plane p but were left off of the commercial models. sources say they used multiple sensors and had limited ability to move the plane's note. boeing reportedly discovered cracks in a key part of the 737 next generation plane. the problem in the part is called a pickle fork which helps attach the wings to the aircraft's fuselage. this issue affects a small number of planes but they will be inspected and they will be fixed. lauren: forever 21 has filed for bankruptcy protection. they they plan to close hundreds of stores around the world. they went on a rapid store expansion after the recession in 2008 as shopping was shifting online. it's a fast fashion retailer. they do say they will keep their stores open in latin america.
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cheryl: well, the hong kong protests are entering their 17th week of violence there. lauren: they got pretty violent over the weekend. tracee carrasco has the details. tracee: police and protesters clashing again yesterday, this as the murder suspect whose case sparked the weeks of chaos is set to be released from jail. he is wanted in taiwan in the death of his pregnant girlfriend. he's currently in jail in hong kong on separate money laundering charges but cannot be moved because the two countries do not have an extr have an extn agreement. the bill would allow them to send fugitive to any jurisdiction. the united auto workers strike against general motors is entering the third week. the end of the walkout doesn't seem any clearer than when it began on september 15th. today workers will get access to strike pay that breaks down to $50 per weekday.
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talks between gm and uaw have progressed to the main table stage. gm agreed to pick up the tab for hourly employees' healthcare. the animated adventur add vein e tramples the weekend box office. >> i don't know where you came from. >> he escaped. >> i want my ye ti back t the dream works film earning nearly $21 million in ticket sales over the weekend, that beat out judy which placed second. kanye west reportedly changing course. reports say the singer will only makes gospel music going forward. west reportedly made the comment over the weekend at a listening party in chicago for his new album, jesus is king, a kanye west experience. west said he's done being an entertainer. and that's what's happening now.
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lauren: sure he is. tracee: we'll see if that lasts. cheryl: thank you very much. lauren: we want to remind all of our viewers to make sure you check out the brand-new fox business website and fox business app, both loaded with content. you're going to see more of everything, more stories, plain and simple clear headers at the top and subheaders. we worked to collect stories that are important to you and your family. there's a live stream of fox business programming so you can watch our shows on the go. cheryl: looks great. love it. if you're invested in the market you may make money today. taking a look at futures this morning, look at this. the dow up 100 points in the premarket. s&p is up 12 and a quarter and the nasdaq is up 42. still ahead, as democrats ramp up the inquiry into impeaching president trump, could they be putting the u.s. economy in serious danger? and federal government may be
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stepping in to make flying a little bit more comfortable for travelers. and as we head to break, here's a look at today's national average for gas prices. >>.$2.65 for a regular gallon of gasoline, that contract up the last two days. keep it here on fox business. we are invested in you. ♪ it's a beautiful day. ♪ don't let it get away. ♪ a beautiful day. ♪ car like i treat mine.
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1-800-269-0271 your daily dashboard from fidelity. a visual snapshot of your investments. key portfolio events. all in one place. because when it's decision time... you need decision tech. only from fidelity. lauren: president trump is warning that an impeachment inquiry could, quote, crash the march he kim is the economy strong enough to handle that investigation which is moving fast and furious in washington? scott sheledy joins us now from the cme. good morning. scott, today is the last day of the third quarter, the last day of the month of september. pretty good so far. can the market handle this impeachment inquiry? >> well, so far the market's been able to handle everything that we've been throwing at it from geopolitical oil issues to hong kong, obviously with china. the wall of worry is now being
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climbed. you know, what the democrats are doing with the impeachment, remember they were jumping for joy and doing back flips when we had the inverted yield curve and thought we would head for a recession and all these people would be out of work and it would hurt donald trump. if they thought the impeachment process would have hurt donald trump, they would have started it a long time ago. i think we're going to climb this wall of worry and things will continue the go well. lauren: do you think anything can get done in washington had that helps main street and wall street at this point? in the wall street journal, you have the house minority leader and senate majority leader writing this, democrats resisting a win for the economy by not passing the usmca, basically nafta 2.0, that helps our manufacturing sector, that helps our job creators and our farmers. can anything get done? >> you know what, i'm going to have to say no, i don't think so. and they've got a history of showing that for the last two years. that's not what the democrats
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want to have. they don't want to give the president a whip anywhere, welle all know that. as long as we don't have anything that's a hiccup, the president will be in good stead going into the election. remember, these are not new problems. those are things the market's been able to digest. now with what the democrats are doing, i think if i looked at all the news this morning, before i came on the show, there wasn't really any talk of impeachment. it was tariffs, trade, hong kong. probably until about the tenth or 11th thing on my list. i think the rest of the electorate is getting sick of hearing about it as well. we're in a cold civil war, says rush limbaugh, which i agree with, and that's the story going into the election. lauren: we had the jobs report on friday. so i guess -- i mean, we saw last week market's down two weeks in a row now, we saw some data that had been strong like
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consumer sentiment, retail sales, softening a little bit. do you think the jobs market which has been the engine of this economy, the trump economy, do you think that might begin to soften amidst all the head winds, whether internationally or here at home. >> it's going to be -- we're fighting international headlines, international woes. that's going to be a problem. we could see it slow a little bit. remember, the he ke key phrase s we're growing slowing. growing slower. that's okay. lauren: scott, thank you very much. for more on this topic, impeachment impact on the markets, mark cuban will be on neil cavuto at noon eastern today, also be sure to check out the op ed that riley walters, a heritage foundation analyst and also a friend of "fbn: a.m.," that he wrote onfoxbusiness.com. cheryl: well, americans may be worried about climate change but not if it's too inconsistent inr
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them. 90% of americans say they turn off the lights to save power, less than half say they set the air conditioner to 76 degrees or higher in the summer, 20% say they would take a bus or take a bike instead of driving. we showed you futures a couple seconds ago. we do have green arrows to show you. there you go. dow up 97, s&p up 11 and-a-half, nasdaq up 40 and-a-half. also, stay tuned, because there's more coming up. it's been a rough year for luxury home sales across the country but there is a bright spot to tell you about. why moving on up may be easier than you think. and oprah gets political. wait until you hear who she wants in the white house. you are watching "fbn: a.m.." ♪ just know you're not a loan.
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cheryl: home sales are critical to the health of the u.s. economy. recent data shows that luxury homes, those are homes priced $750,000 and up, have seen a recent increase in sales. there is a reason behind the sharp price reductions. what is behind all of that? let's bring in peggy, a broker from new york. we're seeing a switch in the luxury home market. q1 was pretty brutal for luxury home sales. q2, there's a pickup in home sales. what's going on? >> q2, there was a huge price -- there was price reduction as well as tax implications that affected q2 numbers. quarter 1, there was an issue
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where prices were -- there was a flow of just things being over-priced and inflation, right, and there's just been an increase in volume for homes as well as -- look, any commodity, when a market is saturated with anything, the value isn't as high and he demand isn't as high. there has been reductions which is why sellers are becoming more realistic with prices. in addition to that, buyers are becoming more aggressive and smart with spending their money. cheryl: i know the luxury market isn't as sensitive to the 30 year market rate as the lower levels are. i was looking at october of last year, september of last year, we were at 5% on the 30 year. now we're in the 3% and change range. it's pretty amazing what's happened. does that affect the higher market at all, or no? >> to be honest, i think the mortgage rates are at all-time lows. people who are going to purchase are going to spend money and it's going to be more of a push to purchase now. i think what really affects
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people is the tax implicationses, depending on where they want to buy, and that's what's affecting the market at this point. just last year, just in july, first, there was a tax implication. a mansion tax increased 0.25% in increments and that is a huge lump sum that changes first time home buyers' decisions and changes luxury like north of 5 and $25 million where people won't want to purchase and/or spend the money in those states which can affect the economy overall. there's also talks about coming up with a tier tax that affects future sales, especially new york city and luxury markets like miami and la where they have a lot of secondary homes. cheryl: tax cuts can be great for the economy, sometimes not so good for real estate, especially luxury markets. they're very tax sensitive, especially with a cap on the salt deduction which many states have been hit with. other parts of the country, seems like the luxury market is
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under market like in la, it's mansions that are under pressure that are getting huge reductions in price, the condos in miami, had they built all those luxury condos in miami, those are now deals and steals and of course the new york story as well. >> absolutely of. in la, i think in 2014, 2015, they had these mega mansions where they were building these luxurious amenities, homes with not only basketball and bowling alleys and movie theaters but you never wanted to you to leavr home. i think developers saw how much money they could make and they wanted to increase and build it out. people are now of not spending $200 million. i was looking at a $250 million home that has a $100 million decrease. cheryl: $100 million off $250 million. that's insane. >> in miami, the condos, it's a lot of foreign investors and right now foreign investors aren't purchasing. cheryl: the latin american
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buyers aren't coming into miami. peggy, thank you for coming in this morning. a programming note, i am going of to be in bed minister, new jersey today,ism going to be touring a luxury home that is for sale, it is a mansion. listed for just over $3 million. but this home, which i'm going to say is stunning, listed at a very steep discount if you're in the market for luxury, i might have a deal for you, coming up today. lauren: i hope i get a friends and family discount, cheryl. cheryl: you bet. lauren: the federal aviation administration wants to test, get this, if airline seats are too small. are they packed too tight for commercial flights? the faa will conduct the study in november to see if the tight spacing is making it harder to evacuate passengers in the event of an emergency. airlines need to be a able to evacuate a plane in 90 seconds or less. all right. let's the take a look at at the action on wall street this morning. last day of the month and the quarter, mixed performance in both, but one direction and that is up, dow jumping 89 points,
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s&p up 10, nasdaq up 39. there's new evidence that may point to wrong-doing by former vice president joe biden's son in the ukraine, will the stan dale be the end r -- scandal be the end for the frontrunner. amid the call for impeachment and brewing scandals, the political climate is tense. the incredible toll it's taking on everyday people when "fbn: a.m." returns. ♪ here we go.. ♪ it's all we know. ♪ so here we go. ♪ that's all we know. ♪ beyond the not-so-routine cases. comcast business is helping doctors provide care in whole new ways. all working with a new generation of technologies powered by our gig-speed network. because beyond technology... there is human ingenuity. every day, comcast business is helping businesses
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cheryl: as impeachment continues to dominate the air waves, 2020 candidates are scrambling to make their own headlines, defending joe biden and condemning the president for his call with ukraine. but is there truth to the left's claims that public opinion is turning in their favor. cheryl:.lauren: and who looks o
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that? none other than todd piro. >> reporter: it feels like forever that the 2020 dems attacked goattacked joe biden oe stage, with cory now rallying him behind him with the ukraine story taking over the nation. >> i will stand in defense of joe biden throughout the pros process, this cannot affect his honor and his incredible service to the country. >> reporter: a majority of americans support the impeachment inquiry but the same poll fails to show that most americans thought the president's actions were l illegal. house speaker nancy pelosi insisting the impeachment inquiry is vital for the nation, telling the democratic caucus, quote, we have to be prayerful, sombe and nonpartisan, it's not about politics or partisanship,
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it's about patriotism. the idea that this has anything to do with whether you like him or not, forget that. that's about the election. this is about the constitution. as you might imagine, the president had a lot to say about impeachment over the weekend including this, quote, these radical left do nothing democrats are doing great harm to our country. they are lying and cheating like never before in our country's history in order to destabilize the united states of america and its upcoming 2020 election. they and the fake news media are dangerous and bad. the impeachment inquiry, an undeniable focus of the sunday shows. abc and cbs spent entire shows on impeachment, cnn52 and-a-half minutes, nbc, 51 minutes, fox, 40 minutes. a number of political strategists noting that as the impeachment inquiry dominates the news cycle, the 2020 race, can you believe this, lauren and cheryl, could take a back seat. back to you. lauren: todd piro, thank you
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very much. let's talk more about this. joining me now retired u.s. sergeant, jessie jane duff. good morning to you. >> good morning. lauren: i want to get to the news. rudy giuliani, the president's personal attorney is tweeting they this morning. he says this, i can't believe how blind our media has become. they're blindly using the prosecutor who corruptly dismissed the cases against biden's son and his corrupt company. there is no investigation. where's the report? use your common sense, for those who haven't lost i he's saying this this morning. we heard over the weekend that joe biden's campaign is saying fire this guy, don't let rudy giuliani on the air waves. what do you make of this. >> when you can't defend yourself, you want your opponent to be barred from going on television. i'm fine with him requesting equal air time. to suggest someone should be barred from television, get out there and start swinging. if you're innocent, why haven't you said anything?
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our president made no bones about discussing this. he's not fearful. he doesn't just have rudy giuliani as a surrogate, he himself represents himself. what is biden doing to fight back. you're talking about how hard you're getting hit, what are you doing to fight back. lauren: do you think joe biden thinks he doesn't need to fight back? >> i don't think joe biden can defend himself. we know regardless of what the circumstances are, -- we heard the democrats claim there was foreign intrusion to our elections, originally they claimed rush rush shaftsaidrus. the comment about i need a favor, it was about the elections, the elections they said there was corruption in. now joe biden it gets divulged or it comes to our attention that his son was making $50,000 a month to represent -- to try to advocate the obama, biden administration in an energy deal. on its face it's nasty. lauren: it begs the question,
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what do voters think about all this. todd piro was telling us that cnn spend spenn spent nearly 53n impeachment. p nearly the whole entire show. here's what the american public thinker. 55% are in favor of the impeachment inquiry, 45% disapprove of the inquire youly. what are the chances that this could blow up in the democrats' faces the way it did with bill clinton in the republicans' faces? >> it's already blowing up on the democrats' faces. when they decided to go forward with an impeachment, they haven't even read the transcript yet. nancy pelosi said we have to pass it to read it when it came to healthcare. that's not how business should be run in dc. when al green said we have to impeachment him because we can't beat him, i'm paraphrasing
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this here and nancy pelosi basically said the same thing. this is not your decision, this is the american voters' decision. they're panicking because their candidates are not strong enough to beat the president. so let's have this distraction. lauren: nancy says this is about patriotism but it does seem awfully partisan. jessie, thank you very much. you can watch rudy giuliani this morning, 7:00 a.m., on "mornings with maria." cheryl. cheryl: oprah winfrey has endorsed a presidential candidate and it's someone not even in the race. in the latest episode of her super bowl sunday series, oprah talks to disney ceo bob iger and she says she wishes he was running for president. oprah doubled down on instagram, saying this is the man i wish was running for be president of the usa. his decency prevails in all decision making. lauren: amy klobuchar making an awkward statement during an event in detroit over the weekend. >> i did one time try to play
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golf but i misfired on the first try and the ball hit a duck in the head and it appeared to parish. lauren: she told the story as part of a jab at president trump. the moderator asking candidates if they played golf. so he can know whether or not they'd be a full-time president. cheryl: there is a lot going on in washington, d.c. always and americans are taking notice. the results, well, they're not good. 38% of americans say that politics have stressed them out, that's according to a new poll from the university of nebraska, lincoln. 26% say they've become depressed when their candidate lost, almost 20% have lost sleep and a another 20% say that, get this, their friendships have been hurt over politics. i can aa agre agree with that l. lauren: be aware of the thanksgiving dinner table. the dows is up 91 points, s&p up
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11, nasdaq jumping 40. they risked their lives in the fight for freedom but what happens when the heros come home. we're talking to someone who makes sure veterans are taken care of when they re-enter the workforce. costco throwing its halt into the plant based burger business. why the move could you affect beyond meat. ♪ nobody's going to slow me down. ♪ oh, no, i've got to keep on moving. ♪ ain't nothing going to break my stride. ♪ i'm running and i won't -- as soon as the homeowners arrive, we'll inform them that liberty mutual customizes home insurance, so they'll only pay for what they need. your turn to keep watch, limu. wake me up if you see anything. [ snoring ] [ loud squawking and siren blaring ] only pay for what you need.
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cheryl: the wake of the great recession, unemployment rates for veterans has spiked to record levels. well, that drew the attention of governments and veterans groups which pushed companies to start hiring our nation's heroes. today unemployment amongst t post 9/11 veterans is 3.4%, below that of nonveterans. but the numbers don't tell the whole story. let's bring in kevin o'brien. you say that it's not that yvette rainyvetteveterans don'tt they're underemployed. what do you mean? >> corporate america has done a great job of making sure more veterans are put to work, especially coming out of the recession. when you look at the jobs that veterans are taking, a lot of them are taking jobs they're overqualified for, that results in that they're underpaid. and i think more and more
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companies should look at the skills and talent that they bring to the workforce and do a better job of matching them with the jobs that they actually are qualified and able to do. cheryl: we've seen that pig busbigpush come from companies,t of banks and technology companies have tried to reach out to veterans but it seems there's a language problem sometimes. the language you use in the military is different than the language used in corporate america. has that been a stumbling block for veterans? >> i think it's getting better over time. initially, a lot of focus was put on the translation of the military skills and how they compare to jobse jobs in the cin marketplace. in turn, i think that resulted in veterans being pigeon-holed for particular jobs. if you were an 11-b, an infantry man, you got looked at for police jobs or security. when in reality, they have a lot more skills than what their core job might have been in the military. more and more companies are saying we need to look at all
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the skills that these folks possess and that opens up the types of jobs that they're actually being introduced to and ultimately getting hired for. cheryl: i know in addition to companies like yours, that recruiters, like google has a search tool available to try to do exactly that, which is match the skills with the position. speaking of technology, though, it seems there is a big push to get -- seems technology companies are realizing that a vet ran can b a great employee because things are already in their wheel house, being a great team member, being able to analyze data, being quick, being on time. aren't those some of the basic skills that veterans bring to companies? why is technology just waking up to this? >> i think it goes back to the stereotype of what you think of a soldier is, right, over the years. a lot of organization versus done a great job of saying these folks, yes, they served in the military but not every one of them were in the front lines or in combat and number two, the
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military's a massive organization, bigger than any other employer out there, and it takes all kinds of skills and talents to run large organizations and military is just a good example of that. so naturally the people that are in the military are going to have to have those skills that any company would benefit from having in their employees. cheryl: application development, cyber security, could go on and on. kevin, thank you so much for getting up early. you do have a career fair coming up, battleship, new jersey, that's going to be 40,000 out there. thank you for being here and thank you for you're doing for our nation's heres rose. that's very important -- heroes. that's very important. >> thanks so much. lauren: it's a dream job for skiers. ski.com wants 12 people to review the hotest ski h ski resn north america this winter. the resorts include jackson hole in wyoming, aspen snow mass in colorado and big sky in montana.
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the candidates will receive cool products and services from ski.com's partners. cheryl: we have green on the screen this morning, up 94 points, s&p up 11 and three quarters, nasdaq up 43. still ahead, why big name retailers are pulling heartburn medication, you know zantac which pretty much everybody takes, at least on this show, are pulling them from the shelves. forget spam calls and e-mails, new places that spammers are looking to get your money and your data. you're watching "fbn: a.m." ♪ i've been here all night. ♪ i've been here all day. ♪ got me working from the couldn't be prouders
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cheryl: that prince from nigeria that's promising you a fortune, he's moving from e-mail to ebay and craigslist. online scammers are using online ads on internet market sites. 91% of people on social media said they didn't recognize a fake ad as a scam. 53% said they wound up losing money, only 11% said they lost money through phone scams and 13% were scammed you out of money from scam e-mails. lauren: it's tricky to decipher the difference sometimes. we have winter storm warnings for parts of montana, idaho and washington. the gover governor of montana hs declared an emergency. cheryl: janice dean is in the fox weather center with the latest. janice: 48 inches of snow. cheryl: whoa, really?
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janice: it's crazy. you can see where we've got the colder air hanging out for parts of the northwest, the northern rockies, where they received historic amounts of snow for september. now, along that front that brought the snow, we could see the potential for strong thunderstorms across the northern plains, large hail, damaging winds, isolated tornados and heavy rainfall along that front. we could see flash flooding. while it is cold enough for snow aacross the northwest, it is still summertime across the south, the southeast, up towards the mid-at lai mid atlantic. hurricane lorenzo was a cat 5 hurricane, the furtherrest strongest storm this north and east in the atlantic and it's going to continue to move towards the azores. they need to be on alert for a very strong hurricane. we're breaking records all over the map, keeping the we r there people in business, -- weather people in business, ladies. and congratulations on your new rollout today.
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how exciting. cheryl: thank you, janet. you are a big part of it of course as always. janice: will there be cake? lauren: yes, janice, yes. and you're invited. cheryl: there's food. janice: thank you. lauren: we've been focused on the trade war with china but another war could be looming between the u.s. and the european union. the world trade oranization expected to side with the united states today and slap billions of dollars in tariffs on european goods in response to alleged european subsidies to plane maker airbus. victoria scholar is here to discuss. good morning, victoria. >> good morning. lauren: can europe afford the tariffs on an estimated $7 billion in their goods and if they retaliate, can we afford that? >> yeah, i mean, essentially this is just another trade war on another front. we're already dealing with the one between washington and beijing. now looks like another one could be erupting with the eu as well, essentially airbus is a stock that's very much caught in the crosshairs as well as boeing.
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the wto is likely to vote in favor of the u.s. which could be extremely costly for the eu. then we could see a retaliation and it could go the other way and hit boeing as well. we saw shares in airbus slump sharply a couple weeks ago when the reports came out. we'll have to wait and see what happens. it just means more tension in terms of the ongoing trade war. lauren: more tension, more uncertainty. we see the ftse, a little bit of weakness this morning. a vote of no confidence in prime minister boris johnson could happen this week. do you expect that to happen? all of course in a bid to extend brexit. >> yeah, i mean, again, this vote of no confidence essentially just means that the chances of a brexit deal are less and less likely as we head into that key 3 31st of october deadline. looks like brexit could be pushed out by another three months. we're seeing a little downside on the ftse.
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that was after we saw strength at the back end of last week, partly because of a weaker pound. lauren: victoria, thank you for joining us this morning. so much to talk about on both sides of the atlantic. thank you. cheryl: a lot to talk about in sports, guys. antonio brown may have given up on football but he's not given up on lost money. lauren: tracee carrasco here with the details. tracee: espn reports that free agents could file a record nine grievances against the oakland raiders and new england patriots. brown attempting to recover all $61 million he believes the two teams owe him. the patriots released him t last week after two women accused him of sexual assault. cbs has stopped selling zantac -- cvs has stopped selling zantac products at its drugstore. there is an alert that it could contain low levels of a probable human carcinogen. there is no recall of the
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product but customers who purchased the products at cvsk return them for a refund. the company says they're working with the fda and conducting its own investigation. and costco is getting into the alternative meat business but not with the usual names. the company isn't going to sell patties from beyond meat or impossible foods. instead, it is going to start selling the better than beef burger from don lee farms, a privately held food company. don lee was the original -- was one of the original manufacturers for beyond meat but the two are now in litigation. and you soon may be able to order a beer to wash down those sliders at white castle. the fast food chain is getting into the beer business. it's teaming up with weyerbacher brewing company. it will be available at 400 restaurants in 13 states. the beer is still being perfected. no word on when it will be available. but that's what's happening now.
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lauren: thank you very much. i'm going to hold back my thoughts on this. cheryl: we have a lot more coming up, as the if all those messages at the start of the movie aren't enough when you go to the theater, now they're looking to silence your phone for good when you go in. when you shop online, there are tons of reviews to help you decide what you want. have they basically become useless? keep it here on fox business, where we are invested in you. ♪ walk this way. ♪ talk this way. ♪ walk this way. ♪ imagine a world where
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only from fidelity. ♪ cheryl: heart break, if you can't stand to be away from your phone, movie theaters going to the extremes to keep you off of your device. lauren: about time. mike joins us with more on that. >> more movie theaters, broad way shows, they're using a service called yonder. it's a magnetized lock box. you go through security or give your ticket and then they would take the phone, put it in a magnified lock box so you hold onto it but in order to unlock it you have to go to a specific part of the screen you'd and they'll unlock it for you. the reason they're doing this, they want people to invest in the moment, look at what they're seeing rather than be on the phone, but also to curb privacy.
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dave chapelle does it for his comedy sets. madonna will use it as well. people are not happy with it. what happens if you go out on the town and you have a babysitter emergency and you need your cell phone to get in touch with your kids. we'll see what happens there. cell phones might not be allowed anymore. lauren: what else might be a thing of the past, online reviews, say what? >> the wall street journal is coming out with a new story, saying that people are becoming desensitized to online reviews. millions of them becoming, well, fake. people and companies are paying click farms out there, computerized bots that will automatically give you five stars. they say to combat this, don't look at the rating, look at the actual reviews to see what people are writing. lauren: mike, thank you so much. >> how about that? on a monday. cheryl: it's a big monday here at fox business. we bring in maria bartiromo. maria, such a huge day for our network and obviously -- what do you think so far? i think it looks great. maria: i love it too. i like the fact that it looks so
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clean, like when you look at the bottom of the screen and you can see the banners and the ticker, it's just very clean looking. i also like the fact that you can just look up and you know if the markets' up or down because it's either green or red. i just checked out foxbusiness.com, the new website, that's refreshed there. it's also terrific around this theme of invested in you. and the mobile app is really cool. i was playing with it this morning. lauren: as you're talking, we have video of the website up, you can see me and cheryl in the little box, you get live programming so you can watch us on the go. maria: i love the fact you can get live programming. so many times if i'm out and about and i want to corvee cover something and a hear something like we cover live, so it's -- things evolve because at this day you don't really need to have the business network to get the basics. you can do it on your phone. so go into foxbusiness.com to
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actually get the specifics of what you're looking in terms of the numbers, the headlines, it is certainly clearer and cleaner. i love it. congrats to you. cheryl: maria, have a great show. maria: see you in a few minutes. box business invested in you. mahappy monday. your top stories right now, 6:0. demanding details, president trump wants to meet with the whistleblower. he said -- and have the house intelligence committee chairman adam schiff questioned for fraud and treason. we'll have the latest this morning. china trade turmoil continues this morning, china is urging a calm and rational solution to the ongoing battle as the economy continues to slow down. the white house pushes back on reports on limiting u.s. investments in china, saying it's not looking to do that right now. that story definitely moved markets on friday. all that ahead of high level talks set to to come this week

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