tv FBN AM FOX Business October 24, 2019 5:00am-6:00am EDT
5:00 am
cheryl: it is 5:00 a.m. here are your top stories at this hour. mark zuckerberg grilled for six hours over facebook's privacy scandals and he was scolded that americans have lost too much trust in his company to stand by his cryptocurrency plans. lauren: tesla shifting -- tracee: tesla shifting into overdrive, after it crushes its earnings. cheryl: republicans stormed in the closed door testimony yesterday, fed up with democrats's secrecy over the impeachment battle. we're live in washington with how it all went down. tracee: it started a forecast food war and inspired a
5:01 am
halloween costume and rumor has it, popeye's chicken sandwich is coming back with an extra perk. it is thursday, october 24th. "fbn: a.m." starts right now. ♪ ♪ i want some more. ♪ what are you waiting for. ♪ take a bite of my heart tonight. ♪ i want some more. ♪ what are you waiting for. cheryl: welcome to "fbn: a.m.." good morning, i'm cheryl cheryl. tracee: goo.tracee:cheryl caso. cheryl: today the busiest day for earnings for the entire reporting season. we've got a slew of numbers coming out. before the bell we'll hear from twitter, southwest, american airlines. the s&p is up 2 and three quarters, nasdaq up almost 30.
5:02 am
tracee: stocks in asia right now, mixed with the nikkei and hang seng pointing higher. cheryl: taking a look at europe, it's been a pretty decent week so far for european markets and they're watching u.s.-based earnings as well. the ftse, the cac and the dax are all in the green this morning. tracee: mark zuckerberg sounding a note of defiance. he was grilled by lawmakers as he defends his plan to he create a new cryptocurrency, libra, in a heated congressional testimony. cheryl: it raises a lot more concerns from lawmakers over the issue of libra. hilhillary vaughn is on capitol hill with all the details. >> reporter: mark zuckerberg survived over six hours of grilling from lawmakers on the house financial services committee yesterday. he showed up ready to convince congress a bigger facebook would be better as he pitches his platform, building a global payment system run off their own currency. he said it was about bringing in
5:03 am
the 14 million people in the u.s. that are unbanked. he insists his payment platform would not be a bank. >> would you leave behind your children's inheritance in libra? i think that's a fair question. you've proven we cannot trust you with our e-mails, with our phone numbers, so why should we trust you with our hard-earned money? >> well, congresswoman -- >> if you can't answer yes or no, would you leave behind your children's inheritance in libra? >> congresswoman, i would. >> reporter: lawmakers used their five minutes of q & a to pick zuckerberg's brain and rattle off their list of grievance was the company, everything from russian meddling and their decision not to fact check political ads. >> do you see a potential problem here with a complete lack of fact checking on political advertisements. >> i think lying is bad. >> so you won't take down lies
5:04 am
or you will take down lies? it's a simple yes or no. >> congresswoman, in -- >> i'm not talking about spirntion i'm -- spin, i'm talking about actual -- >> in a democracy, i think people should see for themselves -- >> you may flag that it's wrong but you won't take it down. >> reporter: zuckerberg admitted that his idea for his own currency, libra, might not work. he says he's open to considering the idea that they may be building a payment system that works for all different types of digital currencies. cheryl: hillary, thank you. mark zuckerberg changing his tune on china. he slammed beijing over free speech. >> i probably 10 years ago would have been more optimistic that trying to work in china could have contributed to making a more open society and today it seems that in some cases working in china not only p does not do
5:05 am
that, but com compromises amerin company's ability to promote our values. today, six of the top 10 companies are coming out of china and do not share our l values on things like expression. cheryl: later today, vice president mike pence is going to give a long-awaited major policy speech on china. that speech was originally scheduled for june. it was postponed for the g-20. fox business will carry that speech live, 11:00 a.m. eastern time today. tracee: is the usmca deal in jeopardy? robert lighthizer moat with democratic lawmakers yesterday to address their concerns that the deal is back-sliding. the white house and republicans are urging democrats to approve the agreement by the end of the year. while visiting pittsburgh, president trump turning up the heat to get the deal passed. >> we have to get usmca done. they don't want to put it up for a vote. and the do nothing democrats, they will pass it.
5:06 am
but it has to be put up by nancy pelosi. so let's see what happens. but i think they're going to be put it up because everybody -- everybody wants it. i think ultimately they're going to do the right thing. tracee: a spokeswoman for the house ways and means committee issued a statement saying, quote, this is an honest, diligent effort to reach an agreement and everyday we are making progress. cheryl: tesla shifting into overdrive in the premarket right now. take a look at the stock, it's up more than 17% in the premarket. the company posted a surprise profit for its latest quarter. the stock soared 20% after the earnings were released in extended trading last night. dan ives called the news a jaw-dropping. elon musk says the company was able to make great strides to control costs and he said the next vehicle, model y, that
5:07 am
production is ahead of schedule. we'll take a closer look at tesla's earnings later on in the show. tracee: shares of microsoft are higher in the premarket after the latest quarterly numbers came in better than expected as more companies signed up for microsoft's cloud services. earnings per share up more than 20% on a 14% jump in revenue. revenue for microsoft cloud division jumped nearly 60% from a year ago. amazon will release its latest results after the bell. earnings are expected to fall nearly 20% from a year ago with revenue rising more than 20%. investors will be watching to see if costs from the one day shipping and slower growth in amazon's cloud services will hurt its profits. cheryl: let's move to boeing. more potential trouble for the company. a former boeing pilot reportedly complained years ago that he was under pressure by management about the 737 max jet. wall street journal is reporting that mark fork noer was worried
5:08 am
about boeing's push to make sure the new plane wouldn't require expensive training for the pilots. he is now at the center of a federal investigation in the jet's development as well. all of this more news for boeing and a stock to watch today. it actually closed up 1% yesterday we should say. tracee: as expected, wework reportedly planning a massive job cut. the financial times says wework is expected to lay off 4,000 employees as part of its turnaround plan. that's about 30% of the company's staff. softbank agreed to spend more than $10 billion to take over wework, doubling down on its investment in the company. wework employees reportedly say they're outraged over former wework ceo adam newman's massive nearly $1.7 billion payout. cheryl: here are some other headlines making news for you this morning. democrats are slamming president trump for lifting sanctions on
5:09 am
turkey. trump made the move after turkey and russia announced a permanent cease fire. under the agreement, turkey will -- excuse me, turkey will take kurdish fighters and give them a week to withdraw 20 miles from the border with syria. russia will help turkey patrol the new safe zone that's been created. well, the five week strike against general mowers tosser could be coming to an end soon. uaw workers at a plant in flint, michigan have voted to ratify a new contract with the company. workers you across the nation are voting on the new four-year deal. voting ends tomorrow. another settlement in the opioid crisis. six states reached a $700 million deal with rekitt. the claims allege the company improperly advertised a drug to treat opioid addiction. the apple watch is being credited with saving the lives of two hikers. a new jersey man and his date fell down a cliff when they were
5:10 am
hiking. they were rescued after the man's apple watch dialed 911. the couple says they were afraid they were going to die until the man's watch called 911 on its own and allowed emergency officials to find them. pretty amazing what an apple watch can do. you've heard about a watch saving people in heart failure, that have had a-fib, now it's saving hikers' lives. tracee: taking a look at your money. today is earnings season's busiest day, we will hear from 45 s&p companies, ahead of the reports futures pointing slightly higher. you're looking at dow futures pointing up by 22, s&p 500 futures up by 2 and-a-half, nasdaq up by 28. still ahead, republicans storm closed door testimony after getting fed up with democrats' lack of transparency in the battle over impeachment. we're live in washington with exactly what happened. and a government agency in missouri under fire for editing out a young boy's trump 2020
5:11 am
hair out of a photo it posted to its facebook page. how the agency is responding when we return on "fbn: a.m." ♪ when you're ready come and get it. ♪ when you're ready come and get it. ♪ 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.
5:12 am
at fidelity you'll pay no commission ♪ ♪ i've been a caregiver for 20 years. no two patients are the same. predicting the next step for them can be challenging. today we're using the ibm cloud to run new analytics tools that help us better predict and plan a patient's recovery. ♪ ♪ ultimately, it's helping thousands of patients return home. and who doesn't love going home. ♪ ♪ everything your trip needs, for everyone you love. expedia. when i found you i just knew we have our own style
5:13 am
5:14 am
17% in the premarket. it jumped more than 20% after the bell yesterday. tesla is currently pushing almost $300 per share. the earnings coming out and the company really impressing investors, production, cost cutting, everything happening at tesla. stock to watch today for sure. tracee: we'll talk about that later in the show. for now, republicans pushing for more transparency from democrats in the battle over impeachment. this comes after dozens of republicans storm a closed door testimony in their search for answers. cheryl: griff jenkins joins us live from washington as the whistleblower acknowledges potential bias. griff, good morning. >> reporter: good morning. we already knew the whistleblower was a registered democrat. that was reported. and we knew that he or she had a prior work history with a senior democrat. but now sources familiar with the investigation tell fox news that a third unreported additional element of possible bias against the president has been identified. its nature remains unclear. the whistleblower has insisted
5:15 am
from the beginning the complaint was not politically motivated. the gop ranking members want to hear from them, sending a letter to chairman adam schiff, writing this. you had earlier committed that the employee would provide unfiltered testimony very soon, only to reverse course following revelation that's the employee had a bias against president trump and you received a secret early account of the allegations. it was quite a show o at did deposition of laura cooper yesterday. dozens of gop members stormed the room, blocking testimony for hours, holding up with pizzas and bags of chick-fil-a. eventually cooper was able to appear and democrats blasted the move as a stunt. >> this is what guilty people do. innocent people cooperate with investigations and follow the rules of the house. >> reporter: republicans had this to say. >> as we got in there, adam
5:16 am
schiff got up and left with the witness. it begs the question, what do they have to hide? what are they trying to hide from the american people that they won't allow voting members of congress to hear what's going on in that room? >> reporter: the next witness to appear won't come until saturday. that's when ambassador philip reekers is expected to appear. cheryl: griff jenkins, live in washington. thanks, griff. tracee: the missouri department of transportation apologizing after posting a photo of a boy on social media, editing out his trump 2020 hat and shirt. the 13-year-old posed for a photo after the opportunity to put the detonator for a controlled explosion. the agency met with backlash after posting the photo that blurred out the trump 2020 from his matt and cropped out the matching t-shirt. the agency said its was an error
5:17 am
in judgment and said the decision to edit the photo was to avoid allegations of political bias. cheryl: we are sticking with tesla this morning. it's really moving in the premarket, the stock is. they came out ahead after a report shocked investors last night. is the company back on the road to profitability? our next guest says not even close. and if you're ever one of those folks that had to have an mri, you'll want to stick around. how your privacy could be at risk. you're watching "fbn: a.m." ♪ we could have had it all. ♪ rolling in the deep. ♪ no. in the basement. why can't we just get in the running car? are you crazy? let's hide behind the chainsaws. smart. yeah. ok. if you're in a horror movie, you make poor decisions.
5:18 am
it's what you do. this was a good idea. shhhh. i'm being quiet. you're breathing on me! if you want to save fifteen percent or more on car insurance, you switch to geico. it's what you do. let's go to the cemetery! it's not "acceptabled or nothing."" and it's definitely not "close enough or nothing." mercedes-benz suvs were engineered with only one mission in mind. to be the best. in the category, in the industry... in the world. lease the gla 250 suv for just $329 a month at your local mercedes-benz dealer. mercedes-benz. the best or nothing. about being a scientist at 3m.
5:19 am
i wanted them to know that innovation is not just about that one 'a-ha' moment. science is a process. it takes time, dedication. it's a journey. we're constantly asking ourselves, 'how can we do things better and better?' what we make has to work. we strive to protect you. at 3m, we're in pursuit of solutions that make people's lives better. at 3m, we're in pursuit of solutions i'm off to college. i'm worried about my parents' retirement. don't worry. voya helps them to and through retirement... dealing with today's expenses ...while helping plan, invest and protect for the future. so they'll be okay? i think they'll be fine. voya. helping you to and through retirement. that could allow hackers devices into your home.ys and like all doors, they're safer when locked. that's why you need xfinity xfi. with the xfi gateway,
5:20 am
devices connected to your homes wifi are protected. which helps keep people outside from accessing your passwords, credit cards and cameras. and people inside from accidentally visiting sites that aren't secure. and if someone trys we'll let you know. xfi advanced security. if it's connected, it's protected. call, click, or visit a store today. tracee: shares of tesla could set a record one-day gain today
5:21 am
following its surprise quarterly report profit, after the bell the stock soared 20% in extended trading and it's up 17% in the premarket right now. lou basineste, chief analyst, joins us again this morning. lou, given yesterday's earnings report i want to get your thoughts on the other side about comments you made to lauren simonetti yesterday. >> i say two numbers matter, one, cash flow and cars delivered. what do you say? >> i agree with you 100%. because what you're going to see is the majority of the cars are low margin model 3s. that means the cash flow is going to be weak. they've got a huge debt payment coming up in november. this circus will continue. i'm going to go on the record and say this could be the next wework that falls apart in terms of val layings. traceevaluation.tracee: do yous way, this could be the next wework.
5:22 am
they are ahead of schedule when it comes to the factory in shanghai, ahead of production for the model y. what do you think? are you standing by that? are we waiting for the circus? >> look, i stand by. elon musk might be a genius but he's also a magician. he pulled a rabbit out of the hat. if you dig into the numbers, lauren said it yesterday, cash flow was a key number. the cash flow would not have been there if they didn't use aggressive accounting. accounts payable extended out from about 50 some odd days to 62 days. so they're basically delaying payments. that netted them an extra $300 million in cash flow. so if you erase that, that cash flow is not even there. and that's only just one of the aggressive accounting methods they're using. and i think that really drives the parallel comparison to he wework. adam newman was using aggressive revenue recognition to paint a picture that propped up the valuation for a period of time and we saw how quickly it unwound. i think that's something that will happen with tesla. another number is the quarterly
5:23 am
revenue number, it declined by 8%, the first year over year decline since 2012. tracee: we'll watch that stock today, up 17% in the premarket. i want to ask about facebook. yesterday mark zuckerberg answering tough questions from you lawmakers. all over the board about the 2020 presidential election, cambridge analytica, really they were there to ask him about the cryptocurrency, libra. lawmakers are very skeptical about that. do you think it's because the message is coming from mark zuckerberg? if it were coming from someone else, if they were talking to another person about this cryptocurrency, libra, would they be more open to the idea or is it the fund men l talls of the idea -- fundamentals of the idea that they just don't like? >> look, i don't think anyone has any trust in facebook or zuckerberg and talking about them expanding into an area of our lives that we need trust. i mean, we require banks to let us trust them and facebook we just can't. i think it would be much different story if you had representatives from visa or
5:24 am
mastercard or pay pal or even jack dorsey from square up there talking about moving into financial services. but mark zuckerberg falls on deaf ears. he stood in there and took the heat which is the best he could hope for. tracee: visa, mastercard dropped out of the libra soaks so that won't happen. i want to ask about amazon reporting today. what are you expecting? what do you think is going to happen with one day shipping? is that going to weigh on profits today? >> yeah, i just want to look at the cloud growth. we saw microsoft report yesterday and their cloud growth is coming down, the quarterly growth rate, so really focusing on had that number from amazon for an indication what's going on there for the future. tracee: got it. lou, thank you for joining us. cheryl: we're watching a lot of earnings coming out before the bell today, we'll hear from american, southwest and twitter. dow futures are higher, again, beebusy day for earnings. dow up 12, s&p up 1 and-a-half,
5:25 am
nasdaq up 26 and-a-half. coming up next, as democrats continue to try and repeal part of the trump tax law, billionaires are making some moves of their own. we're going to tell you about it. and not crazy about your job? turns out you're not alone. a new survey shows that money doesn't always buy happiness. keep it here on "fbn: a.m.." we're invested in you. ♪ don't worry. ♪ be happy. ♪ don't worry, be happy now. ♪ i wish i could shake your hand. granted. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪
5:26 am
5:27 am
5:28 am
fidelity has zero commissions for online u.s. equity trades and etfs, plus zero minimums to open a brokerage account. with value like this, there are zero reasons to invest anywhere else. fidelity. cheryl: homeowners in states with high property taxes were hit hard by the trump tax law that was passed at the end of 2017. that put a $10,000 cap on state and local tax deductions known as salt. democrats in the senate want to repeal the cap. yesterday, republicans rejected their effort. what effect is the salt tax having on taxpayers and the real estate market. let's bring in rogers heely and
5:29 am
jane marks of the marks group. good morning. rogers, i want to start with you. i covered this story repeatedly. homeowners are having trouble selling these expensive properties across the country in these high tax states. i know dallas isn't one of them, are you seeing an influx into your real estate market because of people leaving the high tax states in new jersey and new york. >> it's the best thing that happened to us here in texas and other states with no state income tax. it hasn't affected our market. it's really helped. the cities and states that are feeling the effect, it's really to our advantage. but yeah, we've seen a little bit of an influx but people are flocking to texas for all sorts of reasons. one of them is definitely due to taxes. cheryl: you don't have a state incoul tacome tax -- income tax. it's a great state. a lot of taxpayers when the law went into effect, a lot of the
5:30 am
wealthier individuals really started to make interesting moves to try to deal with the loss of that salt cap. what's the most -- the biggest trend you've seen with taxpayers? >> well, a lot of people have been moving and a lot of people have been -- particularly the wealthier people have been looking not just at the salt tax but they've been focusing on their overall estate tax as well. once you start seeing that you start losing tax deductions, you look at the bigger picture. there was a study that came out from the university of berkley that said that one in five mill billionaires had moved from their states to lower taxing states not just because of the salt tax but also because the states don't charges state tax as well. estate taxis another big thing. if you're wealthy you have to deal with not getting that deduction anymore for state and local taxes but you can be taxed on your assets up to 40% by the
5:31 am
federal government, and some states tax another 15 to 20% as well oven your assets. a lot of the wealthy are let me move to states where that's less of an impact. cheryl: we were looking at an example of jeff bezos, for example. and that estate tax because he lives in washington, it would be a $12 billion tax bill for hiss estate based on his net worth. he's the richest man in the country or maybe the world. >> that's pocket change. cheryl: maybe that's not a big hit for him. i don't know. at the same time, are you seeing buyers coming into your market that are he those wealthy rer buyers -- wealthier buyers that are getting a lot more home because they sold in states where they have less property and now they've got cash and they can put down and build almost a mega mansion. >> we've seen that for sure. we've seen a lot less negotiations in the higher echelon of price points. over $2 million, normally people haggle a little bit. in their mind, they're getting a
5:32 am
great deal coming from new york and california and the pacific northwest. it's been good. it's good to be on both sides. everybody feels like they're getting a great deal. texas, the luxury price point has seen a steady climb. traditionally the fall and winter are slower. but we're still seeing mega mansion, still sell at a pretty good face. cheryl: my brother just built in texas and he's got a heck of a house. >> he's probably got a backyard too. cheryl: he's got a large one. i've got an apartment. the state issue, because the revenues the states can bring in from the death tax that you brought up, and i'm blahed you , seems to be outweighing the losses from the wealthy that are leaving. the state governments aren't suffering as much. >> plenty of state governments get a lot of tax revenues for doing just that, hitting on estates. the states tried to have sort of
5:33 am
a work-around to the state and low l callocal tax deduction th. senator schumer tried to contest. she was defeated yesterday. they're trying to get their extra money. states like texas, for example, not only have no income tax or lower income tax but people move in there, our effective rates have gone down a lot since 2017 and that has a big impact on the ability of people to buy more property too and i think states with lower income tax are benefiting from that. cheryl: a lot of moves have been made for sure. gene, rogers, thank you for your time this morning. >> thank you. >> thanks. tracee: still ahead, president trump and joe biden dueling economic messages go head to head in pennsylvania. whose message is hitting the mark. and proof we love our pets, the crazy amounts americans are spending on their furry friends. there is duke sky walker. keep it here for more pictures.
5:34 am
5:35 am
as a principal i can tell you this. when one student gets left behind, we all get left behind. this is a problem that affects each and every one of us. together with ibm, we created a whole new kind of school called p-tech. within six years, students can graduate with a high school diploma, a college degree, and a pathway to a competitive job. you know what's going up today? my poster. today, there are more than a hundred thousand p-tech students around the world. it's a game changer.
5:36 am
rather than worry about how to pay for long-term care. brighthouse smartcare℠ is a hybrid life insurance and long-term care product. it protects your family while providing long-term care coverage, should you need it. so you can explore all the amazing things ahead. talk to your advisor about brighthouse smartcare. brighthouse financial. build for what's ahead℠ cheryl: we continue to watch tesla, the stock is actually soaring in the premarket. it's up 17 and a quarter percent right now. it jumped 20%. it was at 307 last night in the after market.
5:37 am
premarket, it's 298 and change, that's a large jump, a 44-dollar jump in the premarket. earnings coming out, the profitability soaring. lielou basenese saying he's noto convinced. tracee: americans aren't very happy with their jobs. a new survey pounds less than half of u.s. workers are in good jobs with 16% describing their job as bad. the survey found the quality of the job had a lot to do with the worker's quality of life. and if you want to retire early, don't look for higher paying jobs. another study finds people who work in unskilled jobs retired earlier than other workers and lived the longest after retiring. and gen zers are hard workers. a price line survey shows they don't use half of their vacation days. 24% say they feel too guilty to take all of their time off. cheryl: guilty as charged on that one. that's very true. well, president trump and
5:38 am
democratic presidential candidate joe biden trading jabs about the u.s. economy during separate appearanceses in pennsylvania yesterday. >> this administration has no idea what hard work and decent, ordinary americans are going through. >> our natural resources do not belong to government. american energy belongs to hard working men and women like you who get up every day and make this country run. cheryl: let's bring in todd horowitz, chief strategist. what was interesting about them being in pennsylvania was the loss in manufacturing jobs. 8100 jobs have been lost since president trump was elected there. joe biden on the other side is saying his economy and the economy under president obama that they were good for pennsylvania. what's your opinion? >> good morning, cheryl. listen, i think that the obama/biden administration was not very good for anybody. i mean, when we go back through it, you can see that they eliminated all the coal miners,
5:39 am
basically in one swipe of the pen l. they took away a lot of those jobs. they did bring us a lot more entitlements, brought us a lot more stuff that people can depend on as freebies. they cut off the workforce. president trump is up 23 hours a day, tweeting and doing this his thing and you've got the lowest unemployment ever in minorities, women. we've got the lowest in 51 years at regular unemployment. you can see the country is back working again. manufacturing jobs can come and go, depending on what's going on. overall, we're working and this what is the new economy should be. cheryl: they're both making political pitches but the numbers don't lie and numbers are, to your point, that unemployment across the nation, pennsylvania as well, is record lows. let's talk about some of the data we're going to get today. we're in the middle of earnings season. we're watching the numbers couling out. we'll hear about jobless claims,
5:40 am
the estimate 215,000 jobs. let's stick on the job story for a second. durable goods, the estimate, we'll have a little bit of a loss on durable goods numbers. the new home sales, the estimates have been 101,000. these three things, what is your key take-away this morning? >> you know, cheryl, i think right now the markets themselves are looking and waiting fo waitr fed. no matter what numbers are, they probably won't drive the market. we've been in a slow, dull pattern, a creep to new highs. i think that's what we're going to see. i don't expect any real action unless there's a black swan event between now and next wednesday when the fed gives the decision on what they're going to do. cheryl: you don't think the durable goods number will show the trade war effect? >> i don't think it will. i don't think there's much of an effect to begin with. i think that's overblown and excuse-making. cheryl: a nice, calm attitude. we like that. thanks for coming in.
5:41 am
we appreciate it. tracee: here are other headlines making news this morning. department stores aren't dead yet. later today, nordstrom will open a giant new store in manhattan, seven stories and 320,000 square feet. the owing comes at brick -- opening comes as brick and mortar stores have been laid to waste in recent years, due largely to amazon. halloween is going to the dogs and the cats. americans will spend $490 million on costumes for their petses this halloween. that's according to the national retail federation, more than double than what they dressed them in in 2010. and popeyes has heard the cries of its customers. the super popular chicken sandwich reportedly coming back. the chain will hire hundreds of additional staff to keep up with demand. the stores introducing an app to alert customers when the chicken sandwich is available an when it's sold out. that's what's happening now. cheryl: i have to add, i would
5:42 am
dress up my lou but he flipped out on me, i tried. tracee: if he would go for it. cheryl: i would spend so much money on animal costumes if i could. tracee: $14.99, the best $14.99 i ever spent. cheryl: let's talk sports, everybody. the washington nationals taking game two of the world series in houston. jillian mele is live. jillian, good morning. >> reporter: good morning. you guys know i woulds dress up tyler but he's almost 16 years old. so that's out of the question. game two, taken by the nationals here on home turf of the astros. boy, it was a crazy night. we'll show you the highlights and give you a behind the scenes look at how fox sports puts on this production. that's coming up next. ♪ you make me feel like i've been locked out of heaven. ♪ for too long. ♪ from the couldn't be prouders
5:44 am
to the wait did we just win-ners. everyone uses their phone differently. that's why xfinity mobile let's you design your own data. now you can share it between lines. mix with unlimited, and switch it up at anytime so you only pay for what you need. it's a different kind of wireless network designed to save you money. save up to $400 a year on your wireless bill. plus get $250 back when you buy an eligible phone. call, click, or visit a store today.
5:46 am
♪ you were just a face in the crowd. ♪ you were just -- cheryl: it may soon be harder to hide in a crowd. your medical records could put your privacy at risk. tracee: joining us now, brett larson. good morning. tell us. >> this is an unusual twist in facial recognition technology. some of us have had mris. some of us are terrified because of claustrophobia. when you think about it, it's taking an image of your whole body for head to toe, it's scanning your brain or what have you. some researchers thought i wonder if you could match someone's mri, the image of their face, with a picture of the person and make the connection. and yes, you can. tracee: that's creepy. >> in over 70 cases they were
5:47 am
able to take someone's mri information and match it to a photograph. when you think about that, you think well, that's not so bad if i had an mri, that's at my doctor's office, it exists in a silo of day toe information. but our -- data information. our facial photos are everywhere. when you share pictures on fog facebook, that information is captured and collected behind the scenes. it's becoming easy to identify people based on the information that already exists on the internet. so to be able to pair these two things together, it's kind of a terrifying thing. when it comes to data protections with medical stuff we have the hi bppa regulations, it's an extra step that one would have to go to get that but we're increasingly sharing our medical information which makes this a little more dangerous. you know, i wouldn't put it past someone to have an mri and maybe share the imaging on social media. so maybe don't do that if you
5:48 am
have that level of data. maybe don't share your mri. again, unchartered territory as we're often finding ourselves in. googling celebrities, you guys like to do that? tracee: how is that dangerous, though? >> well, it's dangerous in that you -- certain celebrities when they're high enough up on the totem poll, the malware folks -- i don't know who alexa -- cheryl: hand maid's tale, traveling pants. >> the issue here is mcafee does every so often. they let us know what can happen when you're searching for these people, some malware infected websites may get to the top of the list, and you may click and go to a website that's not secure and have viruses hidden in there. youthere.cheryl: i just stalk t
5:49 am
larson and i've been safe. good to have you on the show. you can calf brett fox news headlines, 24/7, sirius xm channel 115. tracee: the washington nationals, another game closer to winning their first ever world sears reece, beating the astros in houston again last night. cheryl: jillian was there. she joins us from minute maid park in houston. >> reporter: the nationals have the momentum going right now and it's tough breaks for the astros fan who were witnessing that the national took from the astros on their home turf. we begin in the bottom of the first inning and this is when alex ryman crushes a 2-run home run. that is a blast, that ties the game at 2 apiece. stephen strasburg was lights out, dominating on the mound last night, going six innings.
5:50 am
he had quite a night. now, top of the seventh we go, kurt suzuki is going to blast a home run to give the nationals a 3-2 lead. that one is out of there. they scored nine more with a 12-3 win. there was really no competition in the last couple innings of the game. the if you're looking at the highlights, wondering how does this happen, how does this get from the game, to the field, to our tvs and how much actually goes into the pro dowsks this. it's pretty -- production of this. it's pretty cool. we want to give you a behind the scenes tour with fox sports. take a look at this. >> everything you see on tv is made to make you feel like you are actually at the game. this is what you don't see. this is the magic of what goes on behind the scenes. what are we looking at in here? >> in here we have our advanced technology room. darrens is running two super motion cameras behind home plate. they're actually burying the microphones in the field.
5:51 am
we also buried a dirt cam. that sits in front of home plate. >> where are we going now? >> we're heading into replay. >>er we're seeing a lot of monitors. explain what we're looking at. >> we're looking at at the actual inputs that are being recorded. he just made an entire pitch sequence is what we call it in less than 10 seconds. >> this button controls this side and this controls your speed. >> slow it down. this is harder than it looks. >> so over here on the left side are all the announcers and then all this stuff over here is effects. if you want to play this regular fox music, hit one of these top ones. >> this is where everything comes to fruition. >> this is one of the 44 cameras on the field that are actually manned cameras that are operated by an actual operator. >> we're on the pitcher's mound right now. how many people does it take to put on this production. >> we have 200 people a day
5:52 am
doing the show, between pregame, game and post game shows and we're out here for a whole month. >> it must be cool to have this job. >> it's amazing. it's absolutely amazing. a dream come true. >> reporter: that's cool stuff, isn't that. i'm sitting here thinking like thank you to brad shaney, the senior vice president of on-field operations for fox sports to giving us that tour. there's so much that goes into it. the little microphones and cameras that are buried in field, it's crazy when you get a look at this. i had no idea that existed. we will hop on a plane today, head to washington and we'll have you covered for game three on friday night on fox. cheryl: you're having way too much fun. thanks so much for being with us this morning. >> reporter: thank you. cheryl: you can watch game three of the world series, fox friday night, 7:00 p.m. tracee: another baseball story making news this morning for a different reason.
5:53 am
major league baseball is investigating an umpire who wrote on twitter he would buy a semiautomatic rifle if president trump would be impeached. he said he feared a civil war and would buy an ar-15. the post has been deleted and his account deactivated. cheryl: coming up, come fly with me. gulf stream's new private jet is going to have plenty of room for you and several of your wealthy friends. stay with us here on "fbn: a.m.." we'll be right back. ew we have our own style and our love is one of a kind ♪ strong brilliant unbreakable ♪ you found the one, now find the ring visit zales, the diamond store
5:54 am
i am totally blind. and non-24 can throw my days and nights out of sync, keeping me from the things i love to do. talk to your doctor, and call 844-214-2424. ♪ ♪ everything your trip needs, for everyone you love. expedia. for everyone you love. to earn j.d. power chevdependability awards... across cars... trucks... and suvs. four years in a row. since more than 32,000 real people... just like me. and me. and me. took the survey that decided these awards. it was only right that you hear the good news from real people... like us. i'm daniel. i'm casey. i'm julio. only chevy has earned j.d. power dependability awards across cars, trucks and suvs. four years in a row.
5:55 am
i'm part of a community of problem solvers. we make ideas grow. from an everyday solution... to one that can take on a bigger challenge. from packaging tape... to tape that can bond materials to buildings... and planes. one idea can unlock a breadth of solutions. at 3m, we are solving problems that improve lives.
5:56 am
>> we just got news of new gulf stream private jet, vista jet will get first jets when delivered, let's bring in the ceo, good to see you in the studio. >> good to see you. cheryl: last time we were flying around in your jets. there's two different airplanes here, you've chosen bombardi. >> global 7500, so about 3, 4 years from now, we don't have any gulf streams, we have not placed an order for this
5:57 am
airplane. cheryl: okay. >> we are on the global 7500 and what we announced in vegas is that for the first time in the history of the global 7500 we operate this airplane commercially as of 2020. now available to the world. cheryl: so what the g700, though, a lot of demand for that aircraft, that thing can go to new york from hong kong, it's $75 million per plane i think they said, a lot of money. >> the commercial market space with 777, middle east to america nonstop and the private jets were not really in that range, in that range of flying that's nonstop, the global 7500 does it. that's 3 to 4 years. can he recall cheryl let's talk about the state of business for you, we did a story for you last year we flew around and you leased out your jets, are you
5:58 am
seeing more of a pick up in business because of what's happening with boeing, are more customers coming in and saying, you know, i want to fly private instead of commercial. >> so they come to us, think about it, they dent need to go to board and get asset approval, literally operation expense, $20 that they fly on the airplane and no discussion with the board. cheryl: have you seen with u.s.-china trade war has affected businesses, they do have a lot of business customers as you said, have you seen a side effect on that? >> no, not at all. it's really connecting, if you're in tokyo needing to go to america, if you're in europe going to asia, the planes are
5:59 am
connecting the globe and creating time, time and efficiencies and just kind of so much time over the commercial connections. >> i do want to go to gulf stream for a second, it's a different plane than what you're operating, sleeps 10, they can fly 5100 feet, can you explain why that's a big deal, can go to 51,000 feet? >> think about traffic and weather, call it 37,000 fete altitude, that's where the weather is, the business jets they climb to 4100 feet, faster to destiny. cheryl: unbelievable. we will have to go flying with you. >> good the see you. cheryl: thomas, thank you. tracee: that will do it at fbn:am, mornings with maria begins right now.
6:00 am
maria: you're top stories right now before 6:00 a.m. on the east coast, earnings season rolling on this morning, american airlines and southwest among the big names reporting third quarter this morning, both affect bid the 737 max grounding. social media giant twitter also reporting before the bell, we will have all the numbers and the full analysis, plus tesla shifting into high gear, surprised profit sends the stocks soars, it'll continue to be profitable as it start up a new facility in china. tesla shares up 17 and a half percent right now, futures indicating a modest gain at the start of trading, let's take a look. 18 points on dow industrials, s&p up 3 and nasdaq futures higher by 31, mark zuckerberg grilled on capitol hill, facebook ceo facing serious questions on fact-checking political ads and trust and his proposed crypto currency, mornings with maria begins right
109 Views
IN COLLECTIONS
FOX Business Television Archive Television Archive News Search ServiceUploaded by TV Archive on