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tv   After the Bell  FOX Business  October 17, 2019 4:00pm-5:00pm EDT

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we look to close with a gain of 30. a lot of question marks what is happening behind closed doors at the united auto workers union. management is expecting to sake some type of vote soon. "after the bell." we'll have it soon for the "claman countdown." connell: strong profits, a deal overseas helping to lift stocks higher. all three major averages end in the green. another day of upbeat earnings. that helped. the dow closes higher by 27 point t was up 110 earlier in the session f it wasn't for ibm it would be better than this. the s&p closing up less than 1%. far less than 1% a quarter of 1%. nasdaq also in positive territory. up by .4 of 1%. there you go. i'm connell mcshane. melissa: i'm melissa francis. we have more on the market movers. what is brand new at this hour, made in america. president trump in texas this afternoon. he is currently making his way to a ribbon-cutting ceremony to
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celebrate the making of an iconic product right here in the usa. we are live in the lone star state with the previous view. break through overseas. vice president mike pence, sorry, secretary of state mike pompeo reaching an agreement with the turkish president. plus heading for the exit. uk and eu leaders know this can't possibly be right. reaching a deal on brexit? still facing uphill battle in parliament. the latest on the state of play. connell: not quite there yet. it seemed to help markets with fox team coverage. gerri willis from the floor of the new york stock exchange. blake burman at the white house. bryan llenas joins us on the ground in texas where the president will be an hour from now. hillary vaughn on facebook beat at georgetown university. blake, we start with you. reporter: connell, part of the headlines involved president mike pence, who says according to him there were five hours of negotiations in ankara, turkey,
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earlier today between himself and turkish president erdogan along with secretary of state mike pompeo who was involved in the negotiations as well. that ended with a cease-fire in northern syria. according to the vice president, here are the terms of that cease-fire. he says there will be 120 hour period, five days to remove kurdish forces. after which turkey will stop its operation. turkey will help with the prisons in that area that are heading isis prisoners. the turkish incursion began after president trump removed u.s. forces from northern syria last week. the cease-fire agreement comes after the president lodged sanctions against turkey and was threatening more. >> this outcome is something they have been trying to get for 10 years, everybody. they couldn't get it. other administrations. they never would have been able to get it unless you went somewhat unconventional. i guess i'm an unconventional person. i took a lot of heat from a lot of people. even some of the people in my
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own party. but, they were there, in the end they were there. reporter: back here at the white house, chief of staff mick mulvaney took to the briefing room to announce that trump national doral will host next year's g7 summit. the white house is contending that the president will not profit off the event. the trump organization owns and manages that property but there are questions about the decision of all places in country to hold it there, along with the legality. top democrat of the house judiciary committee jerry nadler in a statement, he, the president is exploiting his office and making u.s. official governmental decisions for financial gain. the emoluments clause of the constitution to prevent this kind of corruption. there have been cases involving epoll -- emoluments clause. you can expect more lawsuits to be filed along that line. connell: blake burman. thank you.
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melissa: louis vuitton made in the usa. what? president trump will tour the company's new texas facility in the next hour. bryan llenas in alvarado, texas with the latest. reporter: melissa, president trump finished a fund-raising event in fort worth, texas. he will participate in a ribbon-cutting ceremony for a louis vuitton workshop. there are three other facilities in the united states. the other two are in california. this facility built on a ranch will employ 500 to 1000 workers over the next five years. the county offered 75% 10-year tax abatement to the luxury brand company. they say it is worth it. >> the influence it puts into our community. it creates new restaurants, new grocery stores. it just creates a lot of other
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jobs. so, you have to look at the big picture when you give a tax abatement. reporter: build nair ceo and chairman of lvmh which owns louis vuitton will join the president. lvmh revenue is up 16%. lou very wit ton are training workers to be artisan making handcrafted leather bags with the made in the usa label. the paris company which are 350 companies signed on pledge to america's workers, promising to train, and educate over 14 million american workers offer a five-year period. for the president this is a chance for him to highlight efforts to bring overseas manufacturing jobs here to the united states and expect him to tout the fact that texas has created more than 713,000 jobs during his presidency. president trump will head over to dallas for the campaign rally
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tonight where people have been lining up for days to get in. melissa. melissa: brian, have you seen any samples of any type anywhere around? i'm not even kidding. i need whatever you see. bring it right back. reporter: done. canal street in new york they have got it. get it from the factory in texas. melissa: i want the real thing. thank you. let's bring in today's panel. jack otter, host of "barron's roundtable" on fox business, erin gibbs from gibbs wealth management. erin, what do you think about this. >> i don't think it's a coincidence somehow handbags and champagne are excluded from the tariffs going into effect on friday. it is brilliant that what they have done here. this is tit-for-tat they're getting advantages as well. it is great we're having new jobs. you can see how, you know, this is what you need to do in order to avoid tariffs and be cost effective. melissa: jack, it is let's make a deal.
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lvmh handbags, also champagne as she mentioned. >> renault did not become the fourth or fifth richest man. they started train people in texas two years ago. they are building these things. you might be able to get one. not to dump on the champagne and leather, talking about 1000 jobs, starting at $13 an hour, sewing pieces of leather together. any job is great. i'm for all for them. let's not get too excited here. melissa: i'm pretty excited of the. connell: that is different. >> it is different. connell: perspective. profits helped to fuel the dow today as we bring in gerri willis with more. ibm held us back. we talked at this time yesterday. other companies did quite well, right? reporter: morgan stanley did quite well. the management called the best third quarter for revenue in a decade, beating both top and bottom line. give you eps.
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1.27 versus expectations of 1.11. bond trading, wealth management did very well. the stock got 2 1/2%, 1 1/2%. shares were up 7% earlier today. they're in a partnership with bristol-myers squibb pfizer to develop a fitness tracker that can detect iraq lar heart beats. -- irregular heartbeats. they will compete with apple. this is goes beyond users simply getting an alert. they plan to develop digital programs and educational content. big hit for fitbit. saudi a ram mow is delaying its ipo. that is right. we originally thought october 20th. not going to happen. pushing it back to december or january, saying it is a last minute decision. here is what one senior saudi official had to say. a few things need to be fine tuned they say, including
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financial figures. we'll watch for that. saudi arabia oil company ipo delayed. connell: that is big news as well. thanks, gerri willis. melissa: free speech versus hate speech. mark zuckerberg speaking about how to balance protecting free speech with combating hate speech online in an address at pouring town university. hillary vaughn on scene with the details. reporter: facebook ceo mark zuckerberg said he actually thought about banning all political ads from his platform but then decided against it. he is defending today his company's decision to not fact check political ads or sensor politicians on his platform. he also announced a independent oversight committee that will decide what content stays, what content goes. he says he, even he cannot overrule what they decide. >> i don't believe that not fact-checking political ads is pro-conservative. i believe it is pro-challenger.
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i think that banning political ads, as i said in the speech favors incumbents. reporter: zuckerberg also addressed senator elizabeth warren's calls to break up big tech and break up his company. he says that is counterintuitive, that means they will have less resources, less money to address the big problems congress wants them to tackle, protecting free speech. cutting down on propaganda. cutting down extremism on the platform. >> if you look at, at other platforms, whether it is twitter or reddit, you know, there are significantly smaller but not like they face qualitatively different issues. they have a lot of the same speech issues that we do. in general it will be harder for them to address them, fewer resources there. reporter: zuckerberg's speech on freedom of expression is ironic.
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they only let their own cameras inside. georgetown it was at their request not let any other media outlets to bring their cameras inside, make it a pooled press with facebook deciding to live stream the event. melissa. melissa: let freedom ring. hillary, thank you. connell: there is mounting criticism of mr. zuckerberg and his company. adding to that the sales force founder mark benioff. listen what he told our own maria bartiromo. >> facebook is new cigarettes. it is bad for you. they want your kids. they are posting political ads with incorrect information. they're passing your information to 50,000 other companies. you don't even know what is happening. >> taking incoming from all sides. what about facebook as the new cigarette? >> it sounds outrageous. they're going after your kids, it is addictive. literally not figuratively. i have trouble argue being with anything benioff said. zuckerberg loves to get on his
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high horse preach about what he is doing for other people but he doesn't follow the rules himself. he wants a camera in your house but puts tape over his own camera. he won't allow cameras in georgetown unless they're his. i disagree with his argument breaking up would hurt the consumer. in fact i think you know, you might get a new social media company that says, our schtick we'll not let other companies weaponize our platforms to change election outcome. i don't agree with mr. zuck. connell: erin, talk about that, that issue zuckerberg is fighting back, the idea of big techs like facebook should be broken up. what is your take? >> i think certainly it would be detrimental overall for the stock prices. investors if you're looking at facebook, this is something you want to be concerned about. they're under a lot of pressure. we've seen the stock really slide since july. as long as this is in the conversation, that potential
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breakup, that's going to be a hindrance on the stock price because there will be problems. connell: jack, one more quick get. >> i think it would unleash value. instagram is not reflected in facebook's price. i think investors would do very well. aws is not reflected in amazon's price. break up would be great for investors and big tech companies. connell: that sounds like a debate you should have. erin, jack, his new program the baron's roundtable every friday evening, 10 p.m. eastern. check that out. melissa: good stuff. deal or no deal, british prime minister boris johnson says he is confident that the uk parliament will vote for his brexit deal on saturday. critics say the country shouldn't celebrate just yet. we'll tell you why. connell: finding common ground, united auto workers proposing a tentative deal with gm getting 50,000 workers back to work.
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does it measure up to the union's demands? we'll talk about it. bob nardelli coming up. melissa: we're looking at farm of the future. a farm in indian working with difficult season from the trade war with artificial intelligence. ♪ with sofi, get your credit cards right- by consolidating your credit card debt into one monthly payment. and get your interest rate right. so you can save big.
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♪ melissa: they have a deal. prime minister boris johnson securing a brexit deal with the european union. there are a few more hoops to jump through. fox news's benjamin hall is in london with details? reporter: this is the deal some people are waiting for, that so many people didn't think it was possible. 27 eu countries reopening theresa may divorce deal something they said they wouldn't do, negotiating with boris johnson, giving him concessions. they signed off at the summit in brussels. you would think that is the hard part. in fact saturday will be the real hurdle, that is when boris johnson has to pass the deal through parliament. three times theresa may failed to do that. it does not appear at the moment boris johnson has parliamentary numbers to do that because the northern ireland allies with the dup don't support it. but nevertheless boris johnson
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was sounding upbeat. >> for us and the uk, it means we can deliver a real brexit that achieves our objectives. it means, that the uk leaves, whole and entire on october 31st. port pot main problem, the one which remains controversial, how to avoid a hard border between ireland and northern ireland. the solution they reached, next few years, northern ireland will remain closely aligned with the eu, than the rest of the uk. many people are unhappy about this. the deal hits on many key points boris johnson sought. crucially allows uk to negotiate free trade deal. it is out of the customs union. boris johnson talked about a deal with the u.s. president trump reciprocated. deal ends freedom of movement and unchecked immigration from europe. boris johnson has two days to sell it to the dup, to try to get votes in parliament. it will be very difficult but the way brexit is going,
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stranger things have happened. if it doesn't pass parliament, we're back to square one with very little sense what happens in the future, very little certainty. melissa: no doubt. benjamin, thank you. connell: for what happens the next question, lester munson, bgr group principal. throw numbers on the screen, lester so, people understand the british system best we can. as benjamin point out they tried three times in the past. of needed 320 votes. one time go nowhere close, 202, 242. the third time 286. they were getting there, how do they get the rest of the way? if you're at 286 for argument sake, cup party, democratic unists they have 10, how do you get there? where does boris johnson getting votes on saturday? >> he will be hustling with
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northern ireland with the unionists. may look at rebel labor votes. hard brexit ears, we saw nigel farage came out against the deal. it is a tough job. he has some options where he can go. none of them are terrific. but this is a real victory for boris johnson. he got changes out of the eu no one thought he could do that. i don't see any reason why we shouldn't give him a little credit, think he might be able to do this by saturday. connell: that was surprising headline. seems we were back and forth number of times for the past week. we've been going back and forth for months. comments from irish prime minister. maybe we won't have a deal. to your point he brings it home earlier today. still what are the chances are now? are they better than 50 be 50 for boris? >> nobody knows. anybody that says they know is probably lying to you. i tend to think boris johnson is a very active guy, he makes some mistakes, but people appreciate the effort.
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he is working hard. i will give him a little credit. i'm optimistic because he is involved. he seems to work leak crazy to get it had done. this has been going on 3 1/2 years. the original brexit vote was 2016 there is some fatigue here. i think he presents case we can come together, even if it is not perfect for you, we need your vote, he can do this. connell: there is talk that he would have leverage from the europeans, they would basically say no extension, you're out no matter what on the 31st? but i don't think, i was trying to read, i don't think that is really what they were saying. what if he doesn't get it? what will happen? >> that is unclear. no one knows the answer. under british law if this doesn't pass before october 31st, he has to ask the question. the question will be open again. if that happens, you're likely to see a vote, a nationwide vote in the uk for prime minister. for all of the other positions in parliament, which elected bya
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vote of people in the conservative party. this would be his first that is also an opportunity for him to make his case directly to the british people. and win that vote. really either way this is kind of win-win for boris johnson. connell: relatively optimistic analysis from boris johnson's point of view. thank you for coming on today, we appreciate it. >> you bet. melissa: cease-fire in syria. details after agreement between syria and turkey but is the damage already done? we're on the ground in ankara, turkey with theit latest, that's next. so you focus only on what you want. okay, it's got screeners and watchlists. and you can even see how your predictions might affect the value of the stocks you're interested in. now this is what i'm talking about. yeah, it'll free up more time for your... uh, true crime shows? british baking competitions. hm. didn't peg you for a crumpet guy. focus on what matters to you with thinkorswim.
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connell: break through overseas, vice president mike pence the u.s. and turkey reached an agreement for a cease-fire in syria. >> i spoke to president trump a
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few moments ago. the president is greatful for president erdogan's to step forward and grant this cease-fire and give opportunity for peaceful solution for this conflict that commenced one week ago. melissa: joining us to react, ari fleischer, former white house press secretary. also a former fox news contributor. now we see where we are, what it looks like the president calculated, turkey would not rest until they had the buffer zone. let them take it. stop them. what do you think about that? do you think that is what happened? and is that reasonable? >> given the fact turkey crossed the border, they're already there and military situation is underway, it's a good outcome to have a cease-fire. the kurds are have not been heard yet. are they content giving up land they occupied, retreating going somewhere elsewhere they might
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still be at risk, turkey basically wins by using military force that is the quick question that is not answered yet. melissa: what leads into that question, is this good for long-term stability in the region? if erdogan would not rest until he got the kurds off his worder, he pushes them back, everybody regroups, is it better for long term stability? >> now there is just a new piece of land. it doesn't have a legal border to it. but kurds and turks are still next to each other. if the kurds from their new positions decide to use this as a place to go after the turkish authorities in the northern area of syria, turkish forces in northern area of syria, they have shifted things 20 miles. they will not have dealt with the fundamental tension between the kurds and the turks. so my biggest problem, melissa, turkey wins because they use military force. they were able to achieve a cease-fire, have kurds withdraw from contested land, declare turkey the winner.
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turkey by fait accompli owns the land. that is a rewarding of military force and erdogan wins. melissa: i heard you say the other day, so smart, politically it is kind of a win for the president no matter what in terms of the larger american public because many don't know, don't know the kurds from the turks or why we would be fighting on one side or the other or any of that, right? >> as much as i think it's a blunder not to have stood beside the kurds that helped us, politically, domestically the american people are sick of this. the american people don't want american forces to be involved in places we have no who is on whose side. the american people don't know if the kurds are on the side of the syrians or on the side of the turks, what the difference between an alawhite and a kurd. foreign policy experts know it. american people would wipe their hands, i'm not involved in it. president trump knows that. that is why politically i think the president will be on fine ground with this. substantively i don't care for it. melissa: if it works out no way
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they give the president credit? >> well most people in washington aren't going to give him credit because they think we should have stood behind the kurds. for the american people it will be a very important talking point, at the president's re-election saying i kept us out of this. what democrat will say we should have been deeper in it? i think the president politically has the upper hand here. melissa: what do you think happens from here in terms of the territory? you know this area well. who ends up being friends? how do the pieces fall? >> stays contentious i bet. kurds have been a country for 100 years, about a century. occupied pieces of iraq. they occupied pieces of northern syria, and southern turkey. they have no representation. they are fiercely independent and religiously separate. that is part of the problem. the most important thing what do the kurds think about this cease-fire? are they pleased with it, where will they regroup? once regrouped what will they do? melissa: ari, thank you very
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much always brilliant. >> thank you, melissa. connell: we're working on the tentative deal struck between the night the auto workers and general motors. is it you have in for the workers to get behind it? wee have former ceo bob nardelli next. melissa: we'll bring you to one farm in indiana that is using artificial intelligence to get by. connell: first of its kind, gavin newsom announcing debut of the nation's first statewide earthquake warning system, to deliver alerts to people's cell phones. warnings are issued two-ways. they have an app called my shake. and the notification system that sends out the amber alert. >> i have so many questions and problems with this. ♪. no matter what you trade, at fidelity you'll pay no commission for online u.s. equity trades.
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out, has a lot of workers upset, several plants that general motors closed earlier this year are going to remain closed under this tentative agreement. that includes one in lord town, ohio, which drawn a lot of eyes this political season. president called the gm about it earlier this year. the two sides were not able to get to agreement that kept that one and two others in warren, michigan and baltimore. there is path for temporary workers to full time employment and health care stays the same and wage increases an bonus into the contract. will it be enough for union leaders to convince them to approve of the tentative agreement? it goes to the workers, all 50,000 of them, connell, they will vote on it. but at this point it doesn't even have the approval of the leaders, so it is not going to the workers for some time.
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at least for now the workers will remain on strike. connell? connell: grady trimble live for us at gm's headquarters. melissa. melissa: here to react, bob nardelli, former chrysler ceo. let me sprinkle a few more details on there. gm offering 5400 new jobs, investment of 7.7 billion. uaw workers get 9,000-dollar bonus to agree to end the strike. what do you think of the deal as we know it? >> melissa, couple things, i said the other day they wouldn't have bought mary barra and gary jones to the table if they doesn't think they were getting close. seems to me there is a lot of negotiations, a lot of give-and-take. i think this is a very attractive offer on the part of general motors to the uaw. when you think about health care at 3%. they tried to get it to 15. 15 is still half of the u.s. average. if you look at pay scale from, you know, opening at $17 a path
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now to $30 an hour. if you look at the temporary workers, i mean there is a lot of richness to this opportunity. 3% bonus. the first two years. another 4% the second two years of a 4 year contract. melissa: okay. >> this is i think a very fair give-and-take, what the plants for gm and the financials for the union. now -- melissa: what about gm shareholders then? >> so here is the interesting thing. i want to comment. first of all the fact that the leadership is in conference this long is not a good sign. even if they agree i had experience where they take it to the workforce and they disagree. so the pressure is really on gary jones, the president of the uaw to get this done. as far as the investors and shareholders, you know, again, this is, this is a little bit of a repeat. let's not forget what we learned, melissa in 2007, 8 and 9 when i lived through this with chryslers, ford and
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general motors during the economic downturn, the sar went from 17 million units a year to 9. if you look at softening, auto loan default rate increasing, consumers on retail, latest report, look at autos and gas, we're a couple point negative from where we thought they would be during this month. i think there are some things here. it was ill-timed workforce says to the husband or wife, get back to work. you have got holidays. we've got a lot going on. melissa: you don't want to kill the golden goose as you're saying hurting industry. let me ask but the story at the top of the hour, pledge to american workers. just about an hour, president trump dues a ribbon-cutting ceremony at louis vuitton factory in texas. roughly 1000 jobs. not huge, but still a lot for that community. it is a french company. what do you think of this way of
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doing business? >> here is what i think. i think this administration has done one heck of a job as former ceo competing against siemens, and other companies around the world i was clearly disadvantaged relative to the corporate tax rate versus what they were getting. i had to come up with 12, 15 points of offset, productivity, inthey vision an supply chain. number one, remember these tax cuts not only helped large corporations but i'm intimately familiar with the small family offices that also got benefits. this commitment to reengineer and create more jobs in america is spot on. the administration with policy pullback, taxes and so forth done one heck of a job. i would hate to see that go away. recognition and visibility he is bringing to this, is again proof positive of his commitment to make america first, american jobs and re-establish the workforce that was here in the country. melissa: would it surprise you to know that according to the
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cbo, revenue from companies went up 12% last year? tax revenue? even though the rate was lowered as you said, the treasury took in more money? the government took in more money from companies, 12% or more. >> a lot is result of revenue growth that took place. melissa: right. >> proof positive point it would work. would create more revenue. more revenue creates more jobs. look at capital expenditures. look what is happening in the mergers and acquisition area, ey corporate capital index is saying that 79% of the ceo's say next 12 months they will see margin and revenue growth, melissa. melissa: good. bob, such great analysis. thank you so much for coming on. hope you come back soon. >> thank you. melissa: real interesting conversation. connell: we have the nation's third largest school district on strike. we'll tell you about that. why the 3,000 teachers in chicago are on the picket line.
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melissa: energy secretary rick perry sold president trump that he is plans to resign. reporter: that announcement given to the president on air force one. the energy secretary does plan to resign. we don't have a time fray for
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that resignation as we speak here but the 14th energy secretary will eventually step down from his post. he made that official, apparently today, to the president. now he has been involved in this whole ukraine thing in recent weeks. just 10 days ago the energy secretary said that he would not resign. then his name popped up as being part of a covering. in fact the acting chief of staff mick mulvaney talked about rick perry, energy secretary being in a room in a conversation with them when they talked about money being dispersed to the ukraine. now it appears, we don't have reasoning behind it yet, but appears energy secretary rick perry announced his resignation to the president of the united states. back to you. melissa: thank you, edward. let's bring in our own david asman. what do you think about this? >> this is interesting. he got embroiled with all the discussion what is happening in ukraine, who spoke to whom in the ukraine about what. coming in on the president's side with all of this.
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it looked like he was in good position with the president. i have a feeling i know this is very unusual, that is might be a personal thing, maybe he has some personal reason for leaving the white house. it's a grind. having been there, a long time when i talked to somebody like huckabee sanders, she was there 2 1/2 three years. that is a long time. rick perry has been there a long time. gets to be real to work for the white house just on hours alone. melissa: what is coming up on "bulls & bears"? >> jim carafano talking about the turkey deal, can it be sustained without u.s. troops. can you keep a cease-fire going on in that area without u.s. troops on the ground? then we have mr. nigel farage, always a favorite of our deal. he called the new boris johnson brexit, lipstick on a pig. that is all well, what does mean for u.s.,-uk trade deal. melissa: david asman 5:00 p.m. eastern on fox business.
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we can't wait. >> thanks. connell: get back to washington. many way as somber day on capitol hill, maryland congressman, civil rights icon, elijah couple mission died at 68, complications due to longstanding hello challenges. he spent a long career in politics. recently he chaired the house oversight reform committee. helped lead impeachment investigation into president trump. chad pergram covered the congressman on capitol hill. what will he be reremembered. >> this is moment in 2015 when you had riots in baltimore. there was a vote on the house floor, that dealt with the gyrocopter security incursion, that fell under the jurisdiction of his committee. there is subway that runs between the rayburn office building and capitol. he was on the streets imploring
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rioters to go home. he would do that all night. come up to the capitol. he was on the irs issues, issues with the secret service. he got on the subway train and lien r leaned his head against the plastic window. took a 38 second snooze. he was getting no sleep. he was burning the candle at both end in washington and baltimore. more than one occasion he had an event in baltimore, come back to the capitol to vote and head back to baltimore and head back to washington. this happened a long time. he came to prominence during 2018. he was not chair or top democrat on the oversight committee yet. this was elijah cummings speaking truth to power. a hearing with roger clemens, the baseball pitcher looking into the investigation of peds he said to roger clemens famously, it is hard to believe
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you. you're one of my heroes. that got people's attention. that is why he rose to be the top democrat on the committee and when the democrats got the majority. connell: i forgot about the famous ped hearings. that committee, oversight and reform what happens there now? obviously important committee for obvious reasons? >> one of three committees looking at impeachment here along with foreign affairs and intelligence. over the past two weeks they have been in recess. they have had a smattering of members there until congress came back to session this week. we had not seen couple mission show up at transcribed interviews. eliot engel was there some. adam schiff from the intelligence committee. that told us a lot. i caught up this afternoon with carolyn maloney. she is a democrat in new york city. by democratic caucus rules she will be promoted to interim chair. she is not dialed in directly on investigations. i said have you been able to go
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down to hear testimony from gordon sondland, the u.s. ambassador to the eu? she said no. i had two subcommittees to chair myself. she is more involved with eliot engel and adam schiff. connell: anything we should know about the gordon sondland testimony? that was the big event in terms of impeachment inquiry, the ambassador to the european union. what do we take away there? >> the key there whether or not there was quid pro quo. he tried to clean up some comment with the then acting ambassador to ukraine, bill miller, i said, i think you're reading too much into that. some opening remarks he dialed some of that back. he was not maybe 100% sure what the president was saying. that is important. that deposition could go to 10:00 tonight. he is is as a big witness as marie yovanovitch, former ambassador to the ukraine. i spoke to one republican source
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that knows him well. he always wanted to be an ambassador but they wondered how deeply he got into the details. whether or not he was doing his fiduciary responsibility as ambassador. connell: thanks, chad pergram on capitol hill. >> knows everything. connell: he really does. melissa: trade war challenges. harvest time as one of the most difficult seasons the u.s. faced over time. jeff flock is in indian where high-tech farming of the foot sure happening es. that's next.
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or trips to mars. no commission. delivery drones, or the latest phones. no commission. no matter what you trade, at fidelity you'll pay no commission for online u.s. equity trades. farage. melissa: something a little unconventional. a farm in indiana is using ai for this time of the year. reporter: hello from ibm, watch
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and decision -- wash and decision program, they are using first time for this here harvesu helped to develop this aiin program that tells you what. >> >> solves the problem, what is the data telling me, if i can take and understand all information from the gps, and planter and combine, then i can make the right decision at the right time. reporter: for a long time they had data, okay how many bushels and acres, this takes it all in moisture, fertilizer, it says here is what i should do to get most out of my crop. >> what you said about variable climate, things are changing without anticipation, we're able to now use a forecast, look at impact on the crop and the soil. reporter: it is important this year because you have this year where you had terrible weather,
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have you poor yele, the numbers on the corn and soybean crop, they are both down. in a normal year, you would have prices up because you have fewer supplies. this year because. the china situation, not as much as a market, so the price is low. >> the thing that hurst hurts us the drowned out spots. reporter: there you. >> connell: grady in detroit said a tentative agreement he reported on earlier in the gm strike, he said it has been approved by local union leaders, however, the union has decided that the strike will continue, it's not over, they will have the vote go to all members, 50 thousand gm workers, until it is approved, you know by all of the workers, the strike is still on. that is your bottom line news as we await the uaw press
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conference from detroit area. melissa: wow. a lot of news, market up 23 on the day. that is it for us. connell: "bulls and bears" starts right now. david: fox business alert, breaking in last half hour, term secretary rick perry is resigning from his post, we go to edward lawrence in the beltway. reporter: energy secretary rick perry told the president he will be stepping down, reportedly told the president on air force one as they went to that event in the louis vuitton plant opening, rick perry is 14th energy secretary for united states, he is 10 days ago told reporters he would not resign, he is there to serve. then got embroiled a little bit in the ukraine talk.

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