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tv   After the Bell  FOX Business  January 14, 2020 4:00pm-5:00pm EST

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disney plus. [closing bell rings] i think they're killing it. this is a place you can add. liz: rob gerber saying don't get greedy take profits in tesla and apple but he still loves the names. big tech pulls back leaving new records out of reach. melissa: whiplash on wall street. the dow fighting for gains at the close after all three major averages hit all-time highs earlier today as the u.s. and china prepare to sign the phase one trade deal tomorrow. the dow closing up about 28 points here. we're watching it settle out. after crossing the 29,000 milestone earlier in the session. once again failing to close above the thresh hoed. you're not connell mcshane. ashley: i'm not connell mcshane the i'm an i an imposter. this is closing bell. melissa: more on big market movers. here is what is new at this
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hour. president trump is heading to a wisconsin. we'll bring you any major headlines this hour. the split screen you will see all day, president trump expected to sign one of the biggest accomplishments of his presidency as nancy pelosi makes her move on capitol hill. iran cracking down announcing arrests in the downing of the ukrainian passenger jet as protests rain in the streets of tehran for the fourth day. the latest demand from demonstrators. ashley: fox business team coverage of course. gerri willis on the floor of the new york stock exchange. edward lawrence following latest on trade at the white house. edward, let's begin with you. reporter: ashley right now the chinese trade delegation finishing up meetings with american business leaders. this trip was not just about
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signing for the chinese. it was telling american businesses that china is open for business, come back and do business in china. now i spoke with the senior vice president for the u.s. chamber for asia, charles freeman, minutes after he spoke with the chinese vice premier. this is how he says the chinese are characterizing what's going on. he believes they said they will follow through with the commitment of the they said they emphasized they will follow this deal. listen. >> we'll watch this extremely closely. it is absolutely critical. but not just critical that it is important to the businesses that these steps that are being taken are implemented but it is critical for the health and future of the negotiation going forward. reporter: market turned south today based on a story about tariffs. here is statement from both treasury secretary steve mnuchin and the u.s. trade representative robert lighthizer about this. all aspects of the phase one trade agreement with china will be made public tomorrow. the only non-public component of the agreement is a confidential annex with detailed purchase
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amounts which has previously been described. there are no oral or written agreements between the united states and china on these matters. there is no agreement for future tariff reductions, any rumors to the contrary are categorically false. the u.s. chamber has read parts of this agreement and freeman is hopeful. >> it is all important. you know, purchases are critical for some of our producers, for our farmers. they have really been hurting. so that is absolutely critical but some of the enforcement tools that are in place, really set a really interesting example and a model for future, future, future agreements. reporter: he is willing to give china the benefit of the doubt to follow through with this agreement because they expressed to his face a firm commitment to follow through. back to you. ashley: edward, thanks very much. melissa: all right. the dow ending in the green, falling short after record close. let's go to gerri willis for
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more on this. gerri? reporter: that's right. no 29,000 for the dow. s&p down five. nasdaq down 22. traders tell me, gerri, this is what qualifies as a selloff these days and the big question being discussed on the floor today, will tomorrow's event, signing, announcement of a trade deal, will that actually be a sell on the news, buy on rumor? we've been going up, up, coming into this. could there be a selloff? we don't know. i will tell you strong earnings from today. jpmorgan chase out with panner news. biggest annual profit ever, thanks to strength in investment banking unit. you saw citi with a double beat out there. consumer banking business doing very well indeed. delta strong earnings, we have cheaper fuel prices. no 736 max plane issues because they don't have them. strong earnings across the board, higher travel. earnings coming out tomorrow with bank of america. we're expecting a drop in profit
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and revenue from a year ago but it gets better from there. goldman sachs should have a very good quarter indeed, expecting lower profit and higher revenue. blackrock could ablowout of the morning, expecting a profit feign of 25% year-over-year. we'll be watching all the banking news. i gave you three of the biggest ones. there will be a slew of them tomorrow. back to you. melissa: gerri, thank you for that. ashley: here now to talk about all of this, gary kaltbaum, kaltbaum capital management president. also a fox news contributor. gary, we're getting into the earnings season but i want to get back to a point you make often. this melt-up continues to go on. that there doesn't appear anything at this point we can see at least to prevent this from going on. is that right? >> not with what we're seeing out of central banks especially powell. i mean, i have been saying this for a very long time. when they are going at it, markets react to it. you're seeing it. the fact is earnings are starting to accelerate again.
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the economy is accelerating again. that is all good news right now. the one thing i would tell you, markets are about as stretched, extended, frothy as i have seen in quite a while. i would not be surprised to see pullbacks. had a chance off more tariff news, we came back at the end. notwithstanding nasdaq down. i think we're in good stead. i have no problems with finding new merchandise on a daily basis. ashley: interesting, very quickly, gary, the journal had a interesting piece people not looking at value stocks these days. they want growth. that is why big tech continues to carry the load. >> bull markets are always led by technology and always led by growth. you find me the company that doubling and tripling their business over three, four year., i'm going to show you big winners. value has to do with companies that very often knot doing well. they're just looking for something cheap. for me i would rather pay for a company doing really well. melissa: america's biggest bank
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is optimistic on the state of the consumer. here is what jamie dimon, ceo of jpmorgan, told our own maria bartiromo this morning. >> the united states consumer which is 70% of gdp. flows are very high, jobs are going up, wages are going up, savings are strong, balance sheet in excellent shape. more household formation. it is very good. melissa: gary, hard to poke a hole in that one? >> usually i try to but i can't. add in the wealth effect also. a little example, tesla has added $50 billion of wealth in just that stock in the last three months. that means a lot as far as consumer, when you add every other stock, every other market around the globe. trillions have been created. when you have 3.5% unemployment, 6 to 7 million people off of welfare, 7 million jobs created, over the last few years, that's some really good stuff. just keep fingers crossed it continues. that is great, great numbers.
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very hard to fight that. melissa: i mean, if you look at their results, it was all over the place in terms of that there were, all the money from deal flows. so ipos, mergers, companies feeling good. then you have the consumer feeling great, when he has a bird's-eye view into everybody's bank account, their mortgages, exactly what is going on with them. so when he is saying that he is seeing all of this great stuff across the board, then their earnings come in to back it up, it tells you the economy is in good shape. last word, gary? >> two words, wealth effect. it is working and working very well. if anybody knows the economy it is that man, and i would be listening to him. melissa: gary, thank you. >> pleasure, thank you. ashley: different tactics on capitol hill. the world's two largest economies getting ready to sign the phase one trade deal tomorrow as house democrats prepare to push the impeachment articles against president trump to the senate. we're live at the white house to find out exactly where things stand. melissa: new fallout in the
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jeffrey epstein case. why the cellmate of the disgraced financeer is calling for an investigation. ashley: oh, yes, the high price of the royal rift. why taxpayers, big surprise, might be footing the bill. more on that this hour. ♪ ♪ limu emu & doug [ siren ] give me your hand! i can save you... ...lots of money with liberty mutual. we customize your car insurance so you only pay for what you need! [ grunting ] only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ even before they need it.need, with esri location technology, you can see what others can't.
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ashley: we have dueling agendas on capitol hill. nancy pelosi announcing the house will vote tomorrow to send articles of impeachment against president trump to the senate. meantime senator majority leader mitch mcconnell is talking about the timetable for a usmca vote. blake bourbon, berger,. melissa: i like bourbon. ashley: you like bourbon. we won't go there. blake is sorting it out nor us including your name. reporter: busy week at white house. we might need some bourbon, that's for sure. there is a lot going on. start with the articles of impeachment. they are expected to be voted in the house tomorrow. the process formally to send articles of impeachment over to the senate. once that happens that will initiate the need for a senate trial to begin. expected to take place next week though senate majority leader mitch mcconnell earlier today identified tuesday as potential start date. president trump in recent days
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as embraced the belief from some who feel republican senators should support a motion to dismiss the charges right at the beginning of the trial, just end the whole thing but mcconnell said today there is as he put it, little or no sentiment for that possibility. here at the white house they say, whatever comes about they're prepared. >> we are not afraid of a fight. we are prepared. whether this thing goes to a full trial, whether it is modified, whether it is just dismissed out of hand for the sham, illegitimate scam it has become we will be ready. reporter: okay. so that is impeachment next week. in the colling days here though -- coming days here though we anticipate the i'm i'm trade -- usmca could get the final vote. the process will take place late this week. ashley, melissa, at the beginning of all this, mcconnell said the impeachment trial would take place first and then usmca. because of the delay of getting
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articles of impeachment over to the senate, looks like they will indeed get usmca done. all those senators sit for the impeachment trial as jurors. back to you. ashley: blake, thank you very much. melissa: james freeman from "the wall street journal." he is also a fox news contributor. looks like they're trying to squeeze in a moment of the people's business before they move on to impeachment. for that i'm grateful but they do like to do any impeachment voting on a day when the president is with another foreign leader. do you see the coincidence? we have the china trade delegation, they will march around with articles of impeachment, coincidence? >> its as you point out quite a contrast between a president who is methodically pursuing agenda he campaigned on. while i don't agree with all the trade objectives. i think he can make a pretty good case he is doing exactly what he promised to do in the last election campaign, compared
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with a democratic opposition that seems devoted almost entirely to destroying to his presidency. melissa: i mean there were some who campaigned on the idea of the resistance, impeaching president trump. i guess as you have the split screen, there will be some in the group who i guess are showing they're fulfilling their promise except for i don't think they will be successful in removing him so maybe they fail at the thing they promised to do? i don't know. >> it is the ultimate political sanction. it is a political death sentence. the idea you would go forward with it, when less than half the country favors it, when obviously as we discussed, no crime is alleged, i think the senate is well within its rights to dismiss. if they want to hear more witnesses, we get to hear from the bidens and whistleblower, adam schiff, great. it is important, i think there is a sense out there that the constitution demands some long trial. it doesn't. it gives the senate the power but not the obligation to hold a
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trial. if they want to dismiss this out of hand for lack of evidence, that is well within their rights. melissa: you know the house can go ahead and impeach again which i have total confidence they would be happy to do. meantime a cybersecurity firm that hackers believe affiliated with russia's military, targeted burisma, the ukrainian gas company biden's son hunter worked for as it became the focus of impeach probe. this is like heads russia wins or tails russia wins. they hack in, find something on the bidens, they send it out and that causes chaos. they don't find anything, was the president telling russia to do this? more discord and chaos. >> yeah i think it's, while we still are yet to learn exactly what this hacking attempt is aimed at, clearly the russians are constantly interfering or seeking to interfere in democracies, in our, in various
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countries around the world. they're up to no good on pretty much a permanent basis. the biden campaign are trying to spin this as russia is so afraid of biden that they are taking this action. i think it is a real stretch, when you consider how much russia got away with when he was vice president. when he was overseeing ukraine, russia was taking pieces of ukraine and running it for themselves so. i don't think this is a good story for the former vice president. melissa: no. i don't think so either. james freeman, thank you. >> thanks, melissa. ashley: well the presidential election showdown. democrats set to face off tonight in a debate in iowa just 20 days before the caucuses. as for president trump, why not. he is heading to wisconsin for a rally. we're live in both locations next. we'll take you to a city the millenials are flocking to for its affordability and quality of life. no it is not new york.
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ashley: 2020 now in full swing. president trump will depart the white house shortly for a keep america great rally in wisconsin. democrats descending on iowa for the last debate before next month's caucuses. the smallest one yet, with just six candidates qualifying. we have fox team coverage. kristin fisher is in milwaukee awaiting the president and our own hillary vaughn in des moines for tonight's debate. first to kristin in wisconsin. reporter: ashley, president trump is set to begin speaking just one hour before the start of tonight's democrat debate, the very last one before the first votes are cast. so that is going to be a big focus tonight. bernie sanders in particular, because the trump campaign now considers bernie sanders to be the indisputable front-runner in the democratic pmary. here in wisconsin, according to the latest "fox news polls," bernie sanders is ahead by just
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four point in a head-to-head matchup with the president. that is down a point from october. joe biden is up by five points. but the president has closed the gap pretty significantly over the last three month. so the trump campaign really does have its work cut out for them here in this critical battleground state, a state hillary clinton famously forgot about back in 2016. this time around in 2020, democrats are determined not to make the same mistake. so much so, democrats are holding the dnc, their convention, here in milwaukee later this year in july. so to counter that the trump campaign has a massive get out the ground effort here in wisconsin and president trump also has an incredibly strong economy on his side. and like most states around the country, here in wisconsin, a strong economy is at the very top of the list of what voters tear about and, if you take a look at the amount of support the president trump had, the
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amount of people trying to get into this rally, there were hundreds, perhaps, a few thousand waiting in line to get in. and overnight, there were even a handful of people that waited outside in the cold overnight, in a little bit of snow to get into the rally tonight. ashley, this is milwaukee in the middle of winter. it takes a lot of dedication to wait in those kinds of conditions overnight to hear president trump speak. they are now inside just a few hours away from his opening remarks. ashley: i used to live in green bay. i know all about cold. kristin fisher backed up by guns 'n roses. let's get to hillary vaughn. hillary what is going on in iowa. reporter: ashley this is the first debate before the iowa caucuses, this is the last debate before the iowa caucuses, also the first time where senator bernie sanders and senator elizabeth warren will take the stage with their friendship on the rocks. the two candidates mostly avoided conflict until now
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through their campaigns but, this happened. after snore warren spilling details about private meeting with bernie last december, warren says she told sanders she would run for president and he told her he did not think a woman could win in 2020. warren said this in a statement. i thought a woman could win. he disagreed. i have no interest in discussing the private meeting any further. bernie sanders is not backing down. his campaign is calling warren's claim a lie. they also give us this statement from bernie sanders saying quote, it is ludicrous to believe the same meeting elizabeth warren told me she was going to run for president i would tell they are that a women couldn't win. there are some candidates here in iowa that will not be on the debate stage. andrew yang is one of them. he chimed in on this back and forth saying watching this elizabeth-bernie dynamic is up he ising. we have big problems to solve. both want to solve them.
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i'm sure that is where they want our attention focused to. we could see fireworks between warren, sanders who are really, ashley, battling for the same voter demographic here in iowa. ashley? ashley: should be interesting viewing. i say that with a little little bit of tongue in my cheek. hillary vaughn. only six on the stage. melissa: what is left to debate. ashley: exactly. same old thing. melissa: anyway, vowing an investigation. iranian authorities taking action after days of protests as uk prime minister boris johnson is voicing support for a major trump campaign promise. ashley: plus warning it could spiral out of control, british police sounding the alarm over new concerns surrounding "megxit." oh, yeah. all the details next. melissa: you will soon be able to make your own baby yoda. the break out star of "the mandalorian" will come to a build-a-bear store. this is according to a new
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♪. ashley: tensions rising in tehran. the government making several arrests in relation to the downing of the ukrainian passenger plane. the country's president says those responsible will be punished. fox news's benjamin hall is live
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in amman, jordan, tonight with the very latest. benjamin? reporter: good evening, ashley. to many people these arrests signify that the government of iran is trying to placate its people as we've seen these protests spread across the country. it is quite an admission to acknowledge it shot down this plane killing 176 people and hassan rouhani, president saying it was an unforgivable error. we don't know who was arrests or how many and certainly not stopped the protests yet. they have continued to grow. people not only protesting against the shooting down of this jet but the poor quality of life, the corruption in the money, while money spent on foreign wars while at home they have so little. these are the protests raging in the last few months. they continue to go on. it is believed that a few protesters have been arrested. on capitol hill there is a hearing looking back into the decision to target qassem
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soleimani refused to attend the hearings saying time and time again that he posed a threat and experts made their views on the assassination and where it leaves the u.s. >> the pause between the exchange between the united states and iran is just a pause. iran is not standing down. it will continue to take military actions against the united states i believe as well as our allies. reporter: iran's government has more problems. as you mentioned britain, france, germany, today, say they are triggering a dispute mechanism that is part of the nuclear deal over iran's failure to live up to the terms of that pact. they say they can no longer leave the growing iranian violations unanswered. while the iranian government is talking about de-escalation there are still concerns that is not going to be the case. in fact the last few hours we saw five rockets fired in a base, iraq which once held u.s.
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troops. those believed to be fired by proxies. the fear is, sentiment coming out of iran there is still retaliation to come. that the relationship between the two countries has not been healed, not by any means. ashley. ashley: benjamin hall in jordan. thank you. melissa: meanwhile uk prime minister boris johnson voicing his support for a new iranian deal. saying the 2015 agreement between tehran and world powers should be replaced. listen to this. >> it was negotiated by president obama and it has, from that point of view it has many, many faults. well, if we get rid of it, let's replace it and let's replace it with the trump deal. melissa: here now is ben hoffman, fox news contributor and former cia station chief. what do you make of boris johnson making this statement right now? >> i think prime minister johnson's statement was very deliberate and timely. he is recognizing, what is clear is that iran is in violation of that iran nuclear deal, that they have been enriching uranium
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past the limits they're allowed. and, that it is just not tenable. europe tried a workaround. they tried to give iran, some economic respite, but they were unable to do it because of the maximum economic pressure that we have inflicted on iran. so i think prime minister johnson's absolutely right. what we need is a new deal to correct the flaws of the old deal that even democrats like senator chuck schumer didn't support. we have a deal with iran's state sponsor of terrorism, iran's ballistic missile program, of course eliminate the sunset clauses for the nuclear program. melissa: do you think there is any chance we get that? what do you read into the recent sort of de-escalation but then again, you know the mullahs in iran are unso much pressure from inside, they're being choked by all of these various sanctions? do you think that they come to the table given everything in the past few weeks. >> it is really hard to speculate. there is a lot going on in iran right now as you correctly point
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out. significant domestic pressure more than we've seen in over a decade going back to the frein revolution back in 2009 -- green. i think that was the reason why iran admitted is culpability in the shoot-down of that ukrainian airline. whether, i don't know that i see this iranian regime coming to the table but at the same time they have been faced with a very stark reality. they're diverting finite resources, people and money to pay for foreign adventures. soleimani, former, but now dead, commander of irgc quds force, soleimani was orchestrating in yemen, syria, iraq and in lebanon. they can't afford to do that. so it is a choice that the people are actually going to make for them if they're not careful, because the population is on edge, faced with high unemployment. melissa: yeah. >> and hyperinflation. melissa: along those lines, iranian state tv anchors are leaving their posts following
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initial attempts by tehran officials to deny the revolutionary guard did not shoot down a passenger jet. one apologized to the audience, saying it was very hard for me to believe that my people have been killed. forgive me that i got to know this late. forgive me for the 13 years that i told you lies. first of all, do you think these anchors get out of the country alive? >> i would imagine they're marked for something nefarious at this point. you know iranian state security and riot police and their intelligence services obviously are very active and have used excessive force killing protesters. i have no doubt that those who are publicly coming out against the regime as these brave anchors have, are doing so at great, great risk to themselves. but, that is, you know where we're at with iran right now. that people feel like, iranian people feel like they need to
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take extreme measures. you look at some of them refusing to step on the american flag as they were out protesting. even the israeli flag. it is a, population is extraordinarily pro-american. they value the freedoms we enjoy in our country, liberty and democracy and freedom of the press denied to them but it is also the most anti-u.s. regime. that contradiction is coming to the forefront right now. melissa: let me ask you before we run out of time. we had chris harmer yesterday, that the people basically stood no chance. that iran is totally surrounded. they have lock down on the country. there is no way to escape. no way to get your hands on weapons. basically they couldn't overthrow the government and if that is the case, i wonder if you agree with that, why these anchors and all of these protesters would take the tremendous risk if there is really no hope? >> i wouldn't say there is no hope. there is a lot of ways out of this crisis. certainly it is going to be extraordinarily hard to imagine a arab spring like revolt in
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tunisia where the government was overthrown. it isn't impossible for me to imagine, someone in iranian military, or a group of individuals with some degree of power decide this just isn't working. what they need is an economic, vibrant economy they should give up some of the foreign adventures, any interest in the nuclear program, sign a deal with the west. make a change. so you may see something from the inside along lines of what we saw what the soviet union collapsed. always a possibility. melissa: dan, thank you for coming in. we appreciate it. >> thanks. ashley: fascinating stuff. leaving no stone unturned. lawyer for jeffrey epstein's former cellmate is calling for an investigation, details of the latest demands, what is going on there. in silicon valley we trust. why americans would rather ask google for help than the president. we'll explain.
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♪. ashley: new details in the jeffrey epstein case. an attorney for epstein's cellmate calling for an investigation into why prison video from epstein's first suicide attempt is missing. here now to discuss this is attorney whitney bowen. whitney, i was trying to figure
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out why the attorney wants the video. he says it is believed it will help reduce the severity of crimes for his clients, who by the way is accuse the after quadruple murder. i don't see the connection here. >> i think what the attorney is trying to do here is to establish if the video did exist, that he believes it would support his client's position that he was not responsible for the injuries that epstein sustained back in july of 2019, in what was purportedly the first suicide attempt jeffrey epstein had while incarcerated. so i think the approach is that he is trying to say that his guy is not responsible for epstein's injuries, despite what was alleged by epstein at that time. there has been an ongoing investigation by law enforcement f the video existed it would show his client was not responsible for the injuries. ashley: i understand that but we've been told there is no video, it was human error. >> right. ashley: he is barking up the
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wrong tree here would you not think? >> if i was the government i would be calling this a fishing expedition. i would say this is a shot in the dark, basically. trying to make something out of a conspiracy theory talk and murmurs to make a sideshow to distract jurors worrying whether they give him a death penalty, based on hisggravating factors. ashley: got that. want to go to this story, back to the for the theranos founder, back in the courthouse for motions related to upcoming trial in august. she is charged with felony conspiracy and massive fraud, she allegedly deceived patients, health care providers, and investors about the company's blood technology. it is interesting story. she and the company already settled with the sec. where do you think this goes? do prosecutors have a good case. >> well it will depend a lot
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what they can show she knew or didn't know about the inefficacy of her product. like you mentioned, she settled with the sec, committing a massive fraud, agreed to pay half a million dollars, agreed to return $8.9 million to investors and agreed not to be an executive or officer, excuse me in a corporation for 10 years. so i don't know where the interplay will come in terms of them trying to rely on the same information in the criminal case that was relied upon in the sec civil case. ashley: right. >> but my guess is that, knowing the standards that are applied in criminal court in the jury instructions and jury will likely get related to fraud and her trial, it is not a particularly high burden for the government to prove she defrauded investors, especially a conspiracy. ashley: i'm sure they're just, you know, i guess the question boils down to what did she know and when and what do the communications show?
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is she being told oh, my god this isn't working or refusing to fails to pass that on. to health professionals, to investors and so on? that is the critical part, right? >> is she perpetrating, is she going further taking information that is opposite to what she is telling investors. ashley: right. >> and knows otherwise that this is a problem and it is telling investors this, this product works and keep investing. things of that nature. so, it will depend on, like you said when the communications parse out, when they happen. when she knew what, what she said when. ashley: my, oh, my. it's a fascinating story. whitney boan of thanks for joining us. we appreciate it. >> have a great day. melissa: americans trusting tech giants more than humans. a morning consult poll of trusted brand show amazon and google scored higher than america's favorite actor tom hanks, president trump and oprah scored even lower on the list. would you trust tech over actual humans? who better to ask than our own
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david asman. >> than mr. trademark, david asman. this is a fascinating study who people trust, whether it is an individual or a service or whatever. what surprised me generation-x and boomers trust the u.s. postal service more than any other brand which blows my mind. melissa: how is that possible? >> it exextraordinaire ray. number one is the primary doctor. number two is the military. i was clear about that number three is amazon. number four is google. number seven is tom hanks. nine is oprah. 12 is donald trump. it is understandable that you would trust an institution you would rely on day after day after day, than somebody you read about in the news or see in the movies every now and again. so that didn't surprise me that much. what surprised me, the postal service has great ratings from boomers. melissa: yay, seriously. it is crazy. what is coming up on your fantastic program? >> thank you very much. we have senator mike braun on, he is on two senate committees
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that passed usmca. the question will the full senate pass it before they get the impeachment? and then tom kehoe. usda trade representative. will the chinese really buy all of those ag products that they say they're going to buy at least in phase one? we'll ask tom. melissa: david, thank you. we'll see you at the top of the hour. ashley: good stuff. let's get into this again. royal rumble. new details, what the rift in the british royal family might cost. it is expensive. i will tell you that. plus the millenials, they're at it again. this time in san antonio. we'll explain what's going on next in a live report. ♪. i've always loved seeing what's next. and i'm still going for my best, even though i live with a higher risk of stroke due to afib not caused by a heart valve problem. so if there's a better treatment than warfarin, i'll go for that.
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senior college admission officials, they were involved. tmz resources speculates that school uncovered new incriminating information. >> >> to biggest story o of the da, megxit. canadian taxpayers, the couple plan to move their part time, security protocol will increase, extra taxes for canadian residents, they could potentially be paying for this liz peek, we bring her in. a fox news contributor and a friend of the queen, i just found out. what do you make. >> there will be some costs associated with taking care of harry and meghan. security costs are to run up to 1.7 million, canadian government
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said they are find with that i think overtime, it will be an interesting thing to see whether harry and megan stay in canada. she is expressed interest in moving to l.a., and whether they can generate enough income to make a serious contribution to canada. that is probably something that could happen, in the next few years. but, interestingly about 60% of canadians in a poll that just came out said they would support harry becoming governor general of canada, sort of an honorary possession, representing the family, and even 47% in quebec, who is not a pro-monarchy province, they could accept that. they could have an unofficial role in canada. >> the whole financially depend has been laughed at by a number
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of people, really finish financially independent. and you can you not rely on your royaroyalties. >> doy think that queen was treated badly. >> it is shocking they did not alert her before they put on the this. i have no inside information, it is unfortunate, i hope -- the queen seems to be bearing up well, now we're such avid watchers of crown, i think this americans are enthusiastic about the queen, i think they are naive in thinking they can make the good things of being a royal personage and brand themselves in that way, make a efficient -- fortune doing so without the responsibilities, that i think is what irks the media.
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>> as the palace turns. like season 8 of the crown, liz peek, queen's assistant and friend of the queen. melissa: friend of the queen. >> i have met the queen. melissa: we're impressed with that. >> high tax say the exodus is leaving nobody behind, millennials are ditching major cities for somewhere a little bit unexpected. san antonio. brady -- grady on ground with details. reporter: a beautiful day here, you can see why san antonio saw a 4.6% increase in millennials, from 2017 to 2018, alone another the reason is affordability, average rent here about a thousand dollars a month, and housing is also relatively afford an, another big thing there is no state income tax in texas. you know san antonio for the alamo, remember that. >> and the iconic riverwalk, we had past two days to explore art
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and food scene, and something that surprised me, a growing tech sector, we talked to a young entrepreneur. >> i moved here, was because i saw it as an opportunity to start something fresh. something that can contribute to the growth of san antonio. but 10 years ago or 15, i did not think that san antonio would be that sexy that attractive. reporter: and stay and county pitched in to create a new position his job is to bring and attract big tech companies and small tech start ups to san antonio. and it is not just the tech area that is growing, but also people who can start a business that caters to them, and people who work in tech industry and young professionals like a barber we met who set up shop in an airstream. >> we're like the new able mom and pop shop, my wife and i work out of here, we share our experience and our family with
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other families. reporter: i also top show you a few other places that millennials are flocking to, phoenix, seattle. washington does not have can income tax, and denver and boseman. here in san antonio, i learned our producer, his millennial brother just moved here, i guess he found something attractive about the city as well. melissa. melissa: it looks awesome, it looks fun, i would love to go to one of those shops in a minivan thank you, grady. we could set up our own tv network in the winnebago. >> in a silver stream, they would be fun. melissa: i would do anything to may pe -- payless tax. >> i guess harry is a millennial. looking to strike out on his own. melissa: in a 50 billion dollar -- like in their own island or
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continent. >> san antonio is beautiful with the riverwalk, and most important thing it is cheap. love that. melissa: live that idea, thank you for joining us,. >> "bulls and bears" starts now. david: the clock is ticking as congress faces a jam-pack schedule this week, speaker nancy pelosi signals house will finally vote to send the articles of impeachment to the senate, tomorrow. while the president and china will sign a phase one trade deal. and senate majority leader mitch mcconnell made an announcement on future of massive north american trade deal. this is "bulls and bears," thank you for joining us, i am david asman, joining me today, caroll roth, jonathan hoenig, capri caforio and john burnett. >> we'll be able to process usmca here in s t

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