tv FBN AM FOX Business October 2, 2019 5:00am-6:00am EDT
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ronna mcdaniel joins us. we hope you will as well. good night from new york. lauren: it is 5:00 a a.m. here are your top stories at this hour. overnight secretary of state mike pompeo arriving in rome where he'll address democrats after being named a fact witness in their push to impeach the be president. cheryl: president trump sticking to top campaigning issues. we have the details of his long awaited medicare plan that he is expected to unveil this week. lauren: the president and rnc blowing past top democrats with a record fund raising fall, plus what the dems' numbers could mean for 2020. cheryl: if your think your kid spends too much time playing video games. you may want to think begin, the $152 million industry that's taking center stagetss the coun.
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it's wednesday, october 2nd, "fbn: a.m." starts right now. ♪ ♪ hands on your waist and go. ♪ get up, get up. ♪ hands on your waist and go. ♪ get up, get up. lauren cheryl: welcome to "fbn: a.m." and good morning. i'm cheryl casone. lauren: good morning. i'm lauren simonetti. cheryl: let's take a look at how your money is moving on this morning. this bright and shiny morning. not so shiny. dow is down 116, s&p down 14, nasdaq down 45. we're going to get breaking economic news later this morning. adp jobs report is going to be coming out, private sector jobs, pmi, measure of manufacturing activity, that will be closely watched after yesterday's big miss with manufacturing data.
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lauren: worst read in 10 years for u.s. manufacturing yesterday. that is chilling stocks worldwide, in asia down arrows, the kospi is down 2% in you south korea, china still closed for a holiday. cheryl: there is pressure on european stocks. we are waiting for boris johnson to officially announce an i ultimatum to the eu. lauren: we have developments in north korea. the country has fired a ballistic missile off the east coast, the south korean government said the missile landed in the sea near japan. this comes a day after kim jong un's regime announced it will hold working level nuclear talks with washington this weekend. the north has conducted more than 10 weapons tests since the summit in vietnam that fell apart back in february. cheryl: the state department issued a statement and they said this, we call on r north korea to refrain from provocations, abide by their obligations under u.n. security council
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regulations and remain engaged in negotiations to do their part to ensure peace and stability on the korean peninsula and achieve denuclearization. lauren: secretary of state mike pompeo is set to speak at the vatican this morning. he's expected to address democrats after being named a fact witness in their push to impeach president trump. cheryl: griff jenkins joins us from washington as the president has called the investigation a coup. griff, good morning. >> reporter: good morning. the secretary of state may be overseas but a lot is happening at home. house democrats claiming mo pomo is a fact witness to continue choirly and warning blocking access to the witnesses could be an impeachable offense. secretary pompeo has been pushing back against subpoenas, issuing issuing a lo democrat, writing i'm concerned with as expects of the committee's request that can be understood as an attempt to
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intimidate and treat improperly of the professionals of the departments of state. the chairman responded in a letter to john sullivan, writing that pompeo appears to have an obvious conflict of interest because he reportedly participated in the ukraine call. he said given his role in the events under investigation, the committees may infer he is trying to cover up illicit activity and misconduct including by the president. this would be a blatant coverup and clear abuse of power. they add that any effort by pompeo to intimidate or prevent witnesses from testifying or withhold documents from the committee shall constitute evidence of obstruction of the impeachment inquiry. president trump continues to rail against that inquiry, tweeting that what is taking place is not impeachment but, quote, a coup, intended to take away the power of the people. that drew reaction from kamala
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harris, who is tweeting directly at twitter's founder, saying it's time to do something about this. as for what we know is happening, guys, state department inspector general is headed to the hill for an emergency meeting and tomorrow former u.s. envoy to ukraine will be deposed and former u.s. ambassador to ukraine will appear on october 11th. one thing is for sure, this is moving quickly. stay tuned. cheryl: griff, thank you very much. you want to tune in to "mornings wi maria today because obviously we're going to be taking secretary pompeo's press conference from italy, expected about 6:30 a.m. eastern time this morning. lauren: president trump is expected to unveil his medicare plan today. sorry, tomorro when he is in the state of florida. the president is planning sign an executive order calling for further privatization of medicare, by expanding medicare advantage which covers a third of seniors. bernie sanders and elizabeth
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warren support medicare for all. so despite impeachment talk, the president is actually doing things. cheryl: president trump and the republican national committee raised $125 million for the third quarter. the president's re-election campaign says there was an $8.5 million infusion from small donors, in just 48 hours, right after house speaker nancy pelosi announced a formal impeachment inquiry. interesting timing here. the democratic side, senator bernie sanders raised $25.3 million in the quarter pete buttigieg brought in $19.1 million. kamala harris raised $11.6 million. joe biden, senator elizabeth warren have yet to release their campaign numbers. lauren: senator elizabeth warren is slamming facebook ceo mark zuckerberg after this audio was leaked. >> elizabeth warren thinks it's the right answer to break up companies. if she is elected president i
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would bet we would have a legal challenge and i would bet we would win the legal challenge. lauren: senator warren said what would really suck is if we don't fix the corrupt system that lets giant companies like facebook engage in illegal competitive practices and repeatedly fumble their responsibility to protect our democracy. zuckerberg commenting on all of this. this is what he wrote on facebook. even though if it was went to be internal rather than public, now that it's out there, you can check it out if you're interested in seeing an unfiltered version of what i'm thinking. cheryl: facebook's libra project could be in trouble. the wall street journal says visa mastercard and other partners in facebook's digital currency are having secretary thoughts about having this -- second thoughts about having this venture with facebook. the company is running into opposition from u.s. and european government officials over privacy concerns and possible exploitation of libra
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by criminals around the world. sources say companies working with facebook on libra won't openly support the project to avoid scrutiny from regulators. more than two dozen libra backers are set to meet in washington tomorrow so expect more news on this developing story. stock in the premarket, facebook down almost 1% right you now. lauren: the union rejected general motors' latest contract offer to end the walkout which is in the third week and a has cost gm and estimated $1 billion. the union has put a new counter proposal on the table but a part shortage due to the strike is forcing gm to temporarily close a plant in mexico which makes the pickups, which can make it harder for u.s. driver's to drive a new pickup truck home. we'll get new quarterly numbers from general motors and ford today. we may not see impact on gm from the strike but overall sales industry-wide have been slowing. what does that say about the
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economy? cheryl: let's head overseas. protesters in hong kong disrupted subway service today as pro democracy demonstrations against police continue there. the confrontations turned violent yesterday. we told you about that yesterday morning. an 18-year-old protester shot in the chest with a live bullet china this week is marking its 70th anniversary of communist rule. one district is being compared to a combat zone. lauren: a trade deal with china may be getting harder to achieve amid all of this after the world's second largest economy just celebrated 70 years of communist rule. cheryl: busy week in china. edward lawrence is in washington with the latest details. >> reporter: good morning. the chinese celebrating the formation of the people's republic of china, 70 years ago, with a show of force and strength. president xi-jinping attended a military parade. that parade included china's newest you nuclear capable ballistic missile. this was the first time we've seen it. it is said to have the range to
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strike any target in the united states. during the speech, president xi's speech, very little about opening markets china trade. he did talk about china's strategy of holding to a win-win cooperation going forward. the china's prat president alsod no force can stop the chinese people and the chinese nation forging ahead, a very strong nationalistic speech. it may be hard for him to come to the u.s. and offer concessions. still the u.s. is pushing for them. >> the issues of forced intellectualroperty transfer, the issue of subsidy of soes, the disrespect for intellectual property, the whole panoply of equal market access complaints that we've had over the years. without those, it isn't really a very satisfactory arrangement.
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>> reporter: the white house hopeful that china will come to the table with more, not just buying more agriculture. secretary wilbur ross says that he could have had that deal with just agriculture about two and-a-half years ago. the president would like the to see a full deal. back to you. cheryl: edward, thank you. well, president trump is going to be welcoming the president of finland to the white house to. lauren: tracee carrasco is here with what they'll talk about. good morning, tracee. tracee: good morning. the president will host the finnish president later this afternoon. they're expected to discuss ways to improve 5g options to huawei technologies. washington has led a campaign to convince allies to ban huawei from their 5g network, accusing the company of spying for beijing. huawei has denied the allegations and also on the agenda will be russian and chinese ambitions in the arctic. officials in los angeles are pressuring california governor gavin newsom to declare a state of emergency over the city's
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homeless crisis. supporters say it would suspend or streamline the regulatory hurdles the that often slow down shelter and housing development. as estimated 27,000 people in the city live outdoors in tents, cars, or lean-to's. hashed varharvard university cae its admission process. a federal judge said it doesn't discriminate against asian american applicants. a group sued the university arguing the school was admitted members of underrepresented ethnic groups at the expense of asian americans. and coca-cola is getting into energy drinks p. coca-cola energy will be available here in the u.s. in january. the drink is already launched in 25 countries, rival monster had tried to stop coke from selling its drink, arguing it violated the terms of a long-term
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distribution partnership but an arbitration panel ruled in favor of coke. and that is what's happening now. cheryl: what kind of caffeine bomb is that going to be? tracee: way more than regular coca-cola. cheryl: okay. well, get ready for that. thank you very much. lauren: i think the market can use some of that this morning. yesterday's selloff, investors were scared by the latest manufacturing data. they flew to the safety of bonds. is that continuing today? yes. dow down 113, s&p down 13. coming up, more changes at juul as the number of vaping deaths rises and a lawsuit is in the works. we'll have the latest for you. and more workers could be on the unemployment lines as robots take over. we have shocking numbers, how robots may already be hurting your paycheck. and as we head to break, here's a look at today's national average for gasoline, $2.66 for a gallon of regular. keep it here on "fbn: a.m.." ♪ i'm on the edge of glory.
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lauren: another top executive from ultria making his way over to the e-cigarette maker juul. joe morillo will join the company. this comes as virginia and new jersey report more deaths from vaping, bringing the national total to at least 16. juul is also facing a lawsuit from a long island teenager who accuses the company of using manipulative advertising to keep users hooked. cheryl: speaking of lawsuits, johnson & johnson settled a suit in cleveland to the tune of $20.4 million. j & j is the fourth company to settle in the case. it accuses drug makers of helping spark the opioid addiction in the united states. the epidemic, that is. counties in ohio have been hit hard by the opioid crisis. lauren: a weak manufacturing report erasing gains for the dow and s&p 500. is the report more evidence that the u.s. economy is facing recession in the near future or is it just one data point?
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todd horowitz, chief strategist is here. good morning, todd. >> good morning, lauren. lauren: are you worried? >> no. i think that -- look, i think we're in the very early stages of a recession, lauren. again, they happen. and we're going to have a recession at some point and they don't just show up one day. a recession starts with manufacturing numbers, starts with changes in employees, starts with company ceos starting to liquidate company stock. they start very small and don't announce they're going to start and then a year from now or six months, whenever it shows up in full bloom, they'll say we're in recession. we already started that. i think maybe the adp jobs number may show that as well. lauren: you're saying it's creeping up in the data. adp comes out at 8:15, expected to show 140,000 private jobs added in the month of september. what if on friday when we get the big government jobs report and we look under the hood, we see that wages aren't increasing
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as fast as they were. is there anything you're looking at at in particular that would really, really worry you at this point in economic cycle? >> yeah, i think if you look -- if wages are not rising, i think that's going to be a problem. i think if the numbers start to change, if we see -- if we miss the number badly and of course the street will interpret that, well, the fed's going to cut rates, so that puts us in a different position but the end of the day we're seeing a weakening economy globally and you cannot avoid it when everybody else is doing the same thing and the fed is obviously -- they've lost tir mind as well. lauren: i want to get to the fed but speaking of rates, there's a story in the wall street journal that people are going into auto dealerships and they're taking out car loans of seven years. does that concern you about the health of the consumer? >> you know, lauren -- lauren: seven years, your car is broken and you've poured money into it. >> this goes back to when they had 0% financing and they created the debt but they never
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got paid. they're lending money on a depreciating asset that nobody will be able to pay for. one of the countries is we're a buy the month society. six months from now, a year from now, the loans will not be he satisfied. you can't take a seven year auto loan on things that will fall apart and break, which the country is built on. lauren: todd, thank you for joining us. hopefully we get a surprisingly positive read in a few hours on jobs. >> let's hope so. cheryl: let's talk about banks. banks are making big investments in technology and this could lead to 200,000 jobs cut over the next decade. financial firms are reportedly spending about $150 billion on technology every year. robots have already taken over in call centers and online chat rooms with one banking company l claiming that most people don't know they're already talking to a computer. and there's a new report from the federal reserve bank of san francisco that says that more and more of the nation's income is going to robots and
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computers. workers make up only 56% of the national income versus 63% back in 2000. 2000. we'll get the jobs report number today, that is human jobs that we'll be reporting on during maria's show. still ahead, a big check and changes coming. we'll tell you what you need to know to make sure you're not left stranded at the airport. don't you love tsa? isn't it your favorite place to go? more states could be looking to help college athletes to cash in after a ground-breaking new law lets players make money off of their likenesses. keep it here on "fbn: a.m." ♪ for instance, we know how your customers shop. and what they've already purchased. like this lamp.
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lauren: a slow-moving cold front shifting across the central part of the country, dumping heavy rain in the region. cheryl: senior meteorologist janice dean live in the fox weather center with the forecast. janice: along the cold front we'll see the potential for heavy rain ahead of it, record setting highs behind it, very cold temperatures. here's the frontal boundary. here's the threat for showers and thunderstorms. some heavy rain could cause flash flooding from the southwest to the great lakes and, yes, very slow-moving. so the potential for heavy rain is going to cause problems for some of these areas over the next couple hours, just keep that in mind. know what to do if there's a watch or warning, that's going to come quick, unfortunately, with all of the heavy rain potential. there's the forecast over the next couple days. along that front is where we'll see the heaviest of rain and look at the forecast today where we could break record highs. new york city, 91, that would be a high today for the second of october. 96 in atlanta. 80 in kansas city.
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and you can see where the cold air is behind it. but ladies, tomorrow we're going to be into the 60s. so a drop of like 30 degrees in 36 hours. lauren: that's how people get sick, janice. janice: i'm not a doctor. lauren: we don't know how to dress. we have you but we forget. janice: he sweaters on thursday. lauren: thank you. cheryl: let's head across the pond where temperatures are probably heating up right now in britain. british prime minister boris johnson set to propose his final brexit plan he says to the european union today. we're expecting that in the next couple hours. craig e rlum joins us from london. this is a big day for boris john some he's meeting with his party. this proposal reports say is deal or no deal, he's giving the eu nine days to negotiate with him and he says if they don't come to an agreement, it's a hard crash out of the eu for britain. what's the state of play right
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now? >> as you say, i think we are now at the crux of this. this is what this has been building up to ever since boris johnson started the leadership campaign, this is the two-week period that he's been very much directing everything towards. the difficulty we have is that the noise we're hearing from europe so far, based on the leaks which we've had, are not particularly positive with regard to his plan. their plans with regard to the northern ireland only backstop is not going to be receptive in parliament either. we're very much back in the same calf 22 he scenario whereby boris wants no deal, parliament doesn't want no deal. they tried to tie his hands. he's rejected and both sides are still nowhere near a compromise. cheryl: the irish backstop, a plan to maintain an open border between northern ireland and the u.k. and ireland that affects the eu and the irish government has come out to say they don't agree with boris johnson's
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proposed plan. i also want to ask you about reports, about a speech from a trade official in the eu, that concern in europe that the united states is going to lob 100% tariffs on exports to the us, to us. that's an $11 billion chunk of change. how disconcerting is that for investors today? >> let's just take a look at the markets and global economy and i think fresh tariffs is not in anyone's best interest. the eu seems to think they can i'impose tariffs on the u.s. as well, back dated as well as in the spring in he relation to boeing. the question is, who is this good more more, especially givie timeing with the trade war. you look at the manufacturing data from the u.s. and across europe, it doesn't seem to be in anyone's best interest. we'll see how these things go there's been many surprises. cheryl: it's probably inappropriate to make a joke
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about french wine coming into the u.s. getting more expensive. we'll watch all of that and a see if that happens. thank you for your coverage this morning. thank you, sir. lauren: td ameritrade won't be outdone. hours after charles schwab announced it was getting rid of commissions when trading stocks starting october 7th, td said we're going to do the same thing starting tomorrow. the ceo said this in a statement. we are committed to giving our clients the best possible investing experience with cutting edge technology and award winning investor education and service teams and now that experience just got better. cheryl: great if you like to trade your own stocks. if you like to buy your own bonds, very good for you. lauren: october is volatile which means you can gain as well as lose money. cheryl: it is time-the time is almost up for air travelers to get that new license and if americans don't comply, officials estimate only 80,000 people could be turned away from their flights, all of this set to start october 1st, 2020. lauren: you've been warned ray
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bogen has the details on the real id deadline. ray. >> if you plan on flying anywhere in the u.s. next year, you may want to check your driver's license. starting october 1st, 2020, americans will need a real id compliant license or other accepted identification to pass through airport security and with less than one year to the deadline, officials are urging people to act now. >> if you delay you'll join many others and find longer lines at the dmv or worse, you could miss your flight. >> the required licenses are marked by a star in the upper right-hand corner. travelers can sign up for real id at their state driver's license agency or visit mobile enrollment stations at some airports. you can also use alternative forms of identification, including passports and military id. passed by congress in 2005, the real id act requirements have been delayed for years. states have been scrambling to comply with the controversial
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program and if major progress isn't made in coming months, it could cause major disruptions at airports. the he goal is to help prevent terrorist attacks and reduce the number of licenses issued to undocumented immigrants. supporters say it's an important step for domestic security. >> being we've got new people coming into the country, we've been doing it for the longest time, making sure everything is right. >> some travelers disagree, arguing the process is inconvenient. >> terrible. i mean, there's got to be an easier way. >> if you aren't real id ready, you're not alone. according to the u.s. travel association, more than half of americans have no idea that the deadline is coming. ray bogen, fox news. lauren: now we do. ray, thank you very much. let's take a look at how you your money is moving this morning. the selloff from yesterday continuing into day two, dow down 167 points, nasdaq down 58 this morning. elizabeth warren pulling ahead of former vice president joe biden in yet another poll,
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leaving bernie sanders in third place. but you may not want to count the socialist candidate out just yet. and an airline could get hit with a big bill from workers over the grounded boeing 737 max jet. we'll have those details on "fbn: a.m." ♪ all i ever wanted. ♪ all i ever needed is here in my arms. ♪ words are very unnecessary. ♪ i can't believe it. what? that our new house is haunted by casper the friendly ghost? hey jill! hey kurt! movies? i'll get snacks! no, i can't believe how easy it was to save hundreds of dollars on our car insurance with geico. i got snacks! ohhh, i got popcorn, i got caramel corn, i got kettle corn. am i chewing too loud? believe it! geico could save you fifteen percent or more on car insurance. for farmers here, this is our life's work. but when a recall happens,
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lauren: a new poll from saint athem college in new hampshire hose senator elizabeth warren pulling into the lead, narrowly edging out joe biden. warren's rise over the two-month time we're showing you, much more dramatic, that's an 8 point jump. bernie sanders is in third place with 11%. it's looking increasingly likely that warren might be the democrats' choice in 2020. joining me now, tiana lowe, does the latest poll show that warren could actually be benefiting
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from the ukraine scandal? >> obviously, the granite state is in warren's backyard of massachusetts. it's important that she clinches that state specifically. lauren: she's taken the lead in other polls. >> her real clear politics average is higher than it's ever been. she's the only other candidate that's been able to pass the 20% mark that biden has successfully clinched for himself. the real question for warren is, can she grab onto two crucial demographics for building a general election campaign and that is noncollege educated voters and black voters and if you still look at south carolina polling, you still look at early state polling, she has been unable to do so, at least with the black electorate and that's vital in a democratic campaign. lauren: who typically goes for someone like joe biden. >> exactly. lauren: let's look at fund raising numbers from the third quarter. bernie sanders coming in with
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$25 million. mayor pete buttigieg, $19 million. how is it that bernie sanders is able to still pull in so much money and mayor pete, why isn't he doing better they the polls with $19 million? >> it is astounding that bernie has been able to fund raise what is close to the same amount as he did in 2016, despite facing over a dozen competitors as opposed to just hillary clinton. so bernie's base is fairly intractable. it will be curious to see if he rides this thing out. i think everyone, especially in the media, is waiting for bernie to bow out and to cede the race to elizabeth warren but bernie's race is loyal to him and his record with mayor t pete, obviously he's a political talent and with someone with his record, it makes sense why he would get a lot of elite donations but in terms of small donors it's not necessarily as
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beneficial. it remains to be seen, i mean, the mayor pete theory, his candidacy is he's running to a, shake up the race and, b, get an important cabinet position or become someone's vice president which wouldn't be a bad way for democrats to go because he's a political power. lauren: then there's president trump and this impeachment push has turned out his base. he brought out a record number of donations in the third quarter, $125 million. that is more than anybody. for perspective, barack obama and the dnc at this point back when, $70 million. how is he doing this and do democrat as a whole need to tailor their message for 2020, knowing that the president's going to be really hard to beat? >> yeah, people forget that drup under fire, he ran against the media in 2016 and it worked. he ran against the idea of a corrupt establishment and it worked. it is very salient in the minds of people who actually turn out to vote.
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and thus, you're seeing it with also trump still is pretty successful with small donors and if warren is that nominee, wall street will come out hard. i'm hesitant to say -- i want to wait until the next debate. if she's the nominee, trump is going to get a lot of benefit from wall street and rightly so. markets will not necessarily like. lauren: you heard it here. thank you very much. cheryl: there could be more money for college athletes coming. new york and colorado are looking to follow california's lead after the state signed a law that lets college players make money off or they've likenesses. the ncaa as you might expect is against the california legislation. they say it would unbalance the recruiting process and hurt the spirit of amateurism. california's law will let players explore endorsement opportunities. and nike's ceo mark parker is being directly linked to a doping scandal surrounding the company. according to a report in the wall street journal, new evidence those parker was one of several top nike executives that
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was briefed on doping experiments performed by running coachal a bettecoach alberto s a nike backed doctor. lauren: a former test administrator is expected to plead guilty in the college cheating scam. he could also testify against others charged. prosecutors say he accepted $150,000 in bribes. felicity huffman's daughter was one of the students. her mother was sentenced to two weeks in prison. lawyers for all the parents who pleaded not guilty including lori loughlin will be back in court today. cheryl: let's take a look at the action on wall street journal street this morning. we have red arrows right now. a lot of it is that escalation of the selling we saw yesterday on that messy manufacturing daya a that we got and worries about
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a recession are out there folks. the s&p is down 17 and three quarters, nasdaq is down 55. we'll get data today, maybe things will change. still ahead, forget going to college to become a doctor or a lawyer, how the $152 million e-sports industry is taking over college cal campuses. and how two of your favorite vices are teaming up. here's a hint. this new he creation is for adults only. lauren: about time. cheryl: we are invested in you. ♪ fill it us. ♪ i'll throw it down. ♪ i've got a 40 hour week. ♪ with trouble to drown. ♪ 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.
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should always be working harder. that's why your cash automatically goes into a money market fund when you open a new account. just another reminder of the value you'll find at fidelity. open an account today. cheryl: parents that complain about their kids spending too much time playing video games may want to rethink this. gaming is a $152 billion global industry and it is growing and the passion of fans is seen in the hundreds of millions who watch competitive gaming, it's known as e-sports. colleges are now offering courses in e-sports programs, some handing out scholarships. let's bring in mark volk, the president of lakawana college. good morning. >> good morning. cheryl: tell me, why did you decide to offer a program in e-sports to your students? >> well, certainly as you talked about, it is a huge industry. and predicted to be almost a
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$200 million by 2022. so for us, we saw a lot of opportunity there to provide chances for our students, one, for scholarship, two to develop skillsets that business and industry say are typically absent in many graduates of colleges today, things like problem solving, critical thinking, teamwork, and communication skills are all highly developed as you're working within that e-sports area. so for us, it was just a no-brainer. we're always looking for those new and upcoming programs, new opportunities for our students. and beyond that too, what they show is statistically students who are tethered to their institution by something other than pure academics have a greater chance of retaining, of staying within the school, and of graduating. cheryl: well, that's certainly -- again, this is a career path for many young folks and i guess older folks too, teddy. also, i wanted to ask you as the director of the program, teddy, what do the students want to do
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with this experience? how do they want to make this into a career for themselves? what are their goals? >> well, i think there's a lot of things they can do. there's so many different areas that they can fall into in the e-sports industry, whether it be at the bottom of graphic design or coaching or player development, anything like that. so we try to give them as many opportunities within the program to help out with work studies or create an internship, help out with streaming on twitch, helping out with the podcast, whether holding video camera or monitoring the sound. there's a whole different plethora of jobs that could come from e-sports. cheryl: mark, you're putting money down on this. we knew each other from before. we know thiss something near and dear to your heart as the leader of the college there. you're building out this 1,000 seat theater. he you want to start hosting the competitions so the college is putting more money into this. >> most definitely. it's a tremendous opportunity to involve our students in what is
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probably the fastest growing industry in the world. and you've seen the viewership for super bowl i think last year was about 120 million. the league of legends finals was at about 60 million. and eclipsed major league baseball, the world series, nba playoffs and stanley cup. that's just going to grow. having that opportunity i think it is also for us, it's a way that we can help our region to grow economically by bringing people in and seeing this new sport that is developing right before our eyes. cheryl: teddy, last question. how much do you think these kids could make as a career in e-sports, what kind of number, annual salary? >> i mean, the sky's the limit to be honest with you. he depends how hard they want to work at it, depends if they want to stream every day, 24/7, put the hours in and grind to get to the top of the playing field. they can go anywhere. there's amateur leagues, there's pro leagues, there's different
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clubs all over the country. there's no end to what they can do. cheryl: it's incredible. more people watch video games than netflix, hulu, espn consistent wild. -- combined.i think that's fasc. lauren: futures this morning are deep in the red. take a look at this. the dow down almost 200 points, 174 at the moment, s&p down 20, nasdaq giving up 61. awaiting new data on the job market after a disappointing manufacturing report yesterday. coming up, delivery by drone, the company that's flying high to get packages to your door even faster, starting today. plus, how you could work out and the way you work out could influence your political views. the bizarre claims taking over the internet this morning. keep it here on "fbn: a.m.." ♪ physical, physical. ♪ i want to get physical. ♪ let's get into physical. ♪ this is the family who wanted to connect...
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lauren: if you're looking for a great place to stay, trip advisor has a few ideas. the site out with this of the best rated hotels across the country. at the top of the list is the french quarter inn in south carolina. they give you champagne at check-in. the nantucket hotel and resort comes in at number two and charleston comes in at number three with the spectator hotel. the full top ten includes states from virginia to wyoming. you can check it out on the foxbusiness.com website where we have all the details including the price. cheryl: more trouble for boeing. american airlines pilots are demanding compensation over boeing 737 max grounding. lauren: tracee carrasco with ththe de. tracee: the pilots want the return of lost pay stemming from canceled flights as a result of grounding of the 737 max.
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they say they want the same commitment from american that southwest airlines made to its employs ease to share any reimbursement from boeing. negotiations between boeing and its customers over the financial impact of the grounding are ongoing. ups has received the u.s. government's first full approval to operate a drone fleet to deliver packages. the okay from the federal aviation administration will allow ups to expand its delivery services to hospitals and college campuses. ups he beat out amazon and alphabet for the certification. two favorites are coming together. ying lang and hershey are teaming up to h create a chocole porter, it will be available from mid-october to february on draft only and that is what's happening you now. laurennow.lauren: i like it. cheryl: we have a lot more coming up. could your workout be affecting
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lauren: got to love that song, does the way you work out affect your politics? cheryl: so working on politics, there's a connection? >> welcome to 2019 when anyone can complaint about anything including exercising, if you start working out too much, et cetera, that makes you a right-winger, i'm not sure what exercise does for your body, but i to know what it does to your personality and it's not pretty, if you exercise too much that will change attitude, personality, you become too self-sufficient and you start boasting over others and that makes you right-winger.
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you start judging others if you exercise. lauren: a lot of people exercise to calm down and relax themselves. >> right. you can check out the column, it's quite something. cheryl: real estate agent really got into the halloween spirit and has gone viral. >> would you buy a house from this person, real estate agent from michigan, big fan of halloween, decided to dress up as the killer are the screen movies and take photos all across this house, that is wild, i don't know that i would buy it because of the killer behind the curtain, big fan of halloween, 20,000 views on this, trying to separate himself from others, not sure any offers.
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cheryl: good luck. >> i will not be buying. cheryl: that's it for fbn:am, we are invested in you, we send it over to mornings with maria. maria: hey there, ladies, i'm maria bartiromo, wednesday october 2nd, top stories before 6:00 a.m. on the east coast, fears of slowing economy, factory activity in the u.s. contracted for a second month in a row. ahead of friday's report, dow industrials 171 points, two-thirds of 1%, s&p down 19 and nasdaq lower 58 this morning. secretary of state mike pompeo arriving in rome hours before -- hours after being named fact witness and democrats push to impeach president trump, the president railing against the probe, we will hear this hour when he speaks in italy, mike pompeo coming up.
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new ballistic test before this weekend, plus uaw rejecting offer, jpmorgan says it's cost the company over $1 billion, mornings with maria start right now. ♪ ♪ maria: big show this morning, joining the conversation dagen mcdowell, former labor secretary nominee and the capitalist comeback author andy puzder is here along don peebles, great to have everybody this morning. >> good morning. >> futuresnd
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