tv FBN AM FOX Business January 28, 2020 5:00am-6:00am EST
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congressman lee zeldin among our guests. we hope you will joins. thanks for being with us. see you here tomorrow. good night from new york. lauren: it is 5:00 a.m. a. here are your top stories at this hour. right now, the u.s. is evacuating americans from china as the coronavirus spreads. the death toll rising to 106. what americans here at home need to know about the deadly virus. cheryl: well, could house democrats be getting an impeachment do-over. why they say john bolton is reason enough to send the trial back to the house. lauren: most millennials are going green except when it comes to a green thumb. why they view plants as a growing threat. it is tuesday, the 28th of january and "fbn: a.m." starts right now.
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♪ ♪ glory days, well, they'll pass you by. ♪ glory days, and the wink of a young girl's eye. ♪ glory days, glory days. ♪ all right. ♪ well, there's a girl that lives up the block. cheryl: got a little glory going for your markets this morning. welcome to "fbn: a.m.." good morning, i'm cheryl casone. lauren: good morning, i'm lauren simonetti. cheryl: let's take a look at you how you--at how your money s morning. right now, the dow is higher in the premarket by 80 points, s&p is up 9 and-a-half, nasdaq is up 41 and-a-half. that's after yesterday's triple digit selloff on coronavirus worries. lauren: those fears are worrying folks about you cutting economic growth. oil is down six days in a row. cheryl: we have closures in
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asia, the lunar new year holiday has been extended in china. part of that is the coronavirus story. the nikkei in japan did open for trading, it is to the downside by half a percent, the kospi down 3%. again, shanghai, hang seng are closed. lauren: in europe we're trying to see a tentative recovery this morning. the cac is up 4 points in paris but the ftse in london is down 2.2% this morning. cheryl.let's get to the top sto, breaking overnight, hong kong is suspending personal travel. this as the u.s. begins evacuating americans from china today. cheryl: this video shows the streets of wuhan completely deserted. the city is home to 11 million people. at least 106 people have died from the virus in china. the u.s. has confirmed five coronavirus patients with more than 100 suspected cases under investigatioinvestigation in 26.
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steve harrigan has the latest. >> reporter: the chinese government says it is stepping up the efforts to stop the spread of the coronavirus outbreak. 556 million people quarantined and under lockdown. we have seen an increase in confirmed cases in the past 24 hours and you now neighboring countries are starting to close their borders with china. >> the epidemic, prevention and control is at a critical moment. it is necessary to ensure every household and individual fully exercise prevention and control measures. >> reporter: president trump says he's been in close contact with his chinese counterpart since the start of the outbreak, tweeting in part, quote, we have offered china and president xi any help that is necessary. our experts are extraordinary but some of those experts say beijing could be doing more to stop the virus from spreading.
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>> their judgment that this is something that in fact is going to help in containing it, whether or not it does or does not is really open to question. >> reporter: meanwhile, the centers for disease control and prevention says there are several confirmed caveses here in the u.s. -- cases here in the us, with 110 suspected cases now being tested. health o officials say people should be cautious but there are no major risks to the public at this time. >> i don't think there's a reason to panic. a lot of work has been done in order to try to he'll luce date what the virus -- elucidate what the virus is. >> reporter: it could be three months before trial vaccines are ready. cheryl: a big day on tap of earnings today. is apple going to report fallout from china's coronavirus when they release the latest earnings after the belt. the results will include the he key holiday shopping season. they're expecting to post a
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profit, $4.55 a share on revenue of $88.5 billion, earnings per share expected to rise 9% from a year ago. this is the first to include apple's streaming service and the first full quarter of iphone 11 sales. stock is up a little more than 2 and-a-half dollars. we'll get a closer look at the earnings later on in the show. i didn't get to the morning show on apple tv plus until this year, so i didn't help their numbers. lauren: president trump's legal team is refocusing their case in the impeachment trial. they're slamming democrats for what they say is weaponizing impeachment and pushing back against leaked claims from john bolton. cheryl: griff jenkins is on capitol hill as calls grow for bolton to pull the book. griff, good morning. >> reporter: good morning, lauren and cheryl. the revelation striking at the center of the trial but not deterring the president's defense team who say they don't engage in speculation oral lee gas stations -- or allegations
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not based in evidentiary standards saying that impeachment is now being weaponized. >> indeed, we are living in what can be described as the age of impeachment. instead of a once in a century phenomenon, which it had been, presidential impeachment has become a weapon. to be wielded against one's political opponent. >> reporter: and they made the case for why the president wanted investigations into corruption, specifically with regard to the bidens. >> hunter biden's decision to join burisma raised flags almost immediately, even an outlet with bias for democrats pointed out hunter biden's activities created a conflict of interest for joe biden. >> reporter: as for whether the alleged bolton claim that the president told him ukrainian aid
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would be withheld unless they investigated the biden sway republican senators. minority leader schumer is applying pressure. >> the manuscript was sent to the white house over a month ago. the president ordered everyone with firsthand knowledge of his actions not to testify in the impeachment inquiry. we're all staring a white house coverup in the face. >> reporter: later today the white house defense team continuing to wrap up their case tomorrow, the 16 hours of senators asking written questions begins and that big question at the end of the week whether or not we'll have witnesses or not may yet be answered. who he knows if we'll see -- who knows if we'll see any more surprises. lauren: griff jenkins, thank you very much. martin skrelli is facing another
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out lawsuit. he i.the lawsuit wants him and associate to pay victims of the drug hike. he is currently serving a seven year sentence for securities fraud. cheryl: we are following breaking news out of the middle east, a plane crash there. u.s.-backed forces ambushed as they tried to reach a crashed u.s. military plane. a taliban spokesman is telling reuters that its fighters repelled the afghan troops from securing the crash site. we're following this plane crash out of the middle east. a local official says four bodies were found in the wreckage. the taliban claims it shot down this surveillance plane. again, the pentagon says this crash was due to technical issues. we are following a plane crash of a u.s. aircraft in the middle east. we'll get more details as we get them into "fbn: a.m." lauren: the supreme court is
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allowing the trump administration to endorse the effort to restrict legal immigration. cheryl: tracee carrasco has all the details. tracee: a five to four ruling yesterday will impact those trying to come or stay in the u.s. this would allow the government to deny immigrants who would depend on or are relying on public assistance. the rule was unveiled in august. the emergency order nullifies an earlier order by a federal aa appeals court. president trump set to unveil a peace plan at the white house. he will bthe deal is expected ty favor israel. the president what has insisted palestinians will eventually agree to the deal, calling it, quote, very good for them. after he unveils the plan the president will head to wildwood, new jersey for a rally tonight, being held in honor of
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congressman jeff van drew who will be joining him. van drew flipped to the republican party last month after opposing the house democratic majority impeachment of the president. plan terse is putting the -- planters is putting the super bowl ad featuring the death of mr. peanut on hold. a spokesperson says it will event -- evidenceal wait next -- evaluate next steps through a lens of sensitivity. planters revealed that its mascot, mr. peanut, passed away. denny's is getting in on the plant-based burger craze. to celebrate, the restaurant is giving away free beyond burgers on thursday, which is the official launch of the menu item. the promotion will be available at all 1700 denny's locations nationwide. looks pretty good. lauren: beyond meat had a nice
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day yesterday. let's take a look at futures right now, you got green today after the dow turned slightly negative for 2020. it is up 80 points and back in positive territory on the year, s&p up 9 and-a-half, nasdaq gaining 41 this morning, as we continue to monitor the coronavirus as it spreads, just how worried should we be in the u.s. we're going to ask a an infectious disease doctor in just a bit. cheryl: how much are you willing to go through to escape the winter blues? the extreme lengths that americans are willing to go through to get a little fun in the sun. keep it here on "fbn: a.m." ♪ vacation all i ever wanted. ♪ vacation had to get away. ♪ n vacation investment opportunities firsthand, like biotech. because your investments deserve the full story. t. rowe price invest with confidence.
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♪ everything your trip needs, for everyone you love. expedia. cheryl: with over 100 dead and more than 4500 confirmed cases including five right now in the united states, the coronavirus on the minds of americans and he especially investor as we saw yesterday. but should we be worried about the outbreak spreading in this country? what precautions can we take? let's bring in infectious disease specialist doctor aimish adulga. good morning. >> thanks for having me. cheryl: how bad is this virus compared to others in the past that you studied? >> well, it's kind of up in the air because we don't really have full information of what's going on if in china. we know there are a lot of cases in china and there are about 100 deaths. we don't understand how severe it is and we have this paradox of this intense transmission
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going on in parts of china. yet, the exported cases seem to be mild and not transmitting to other people. there is a lot of questions we have to answer to understand where the severeity level is. cheryl: we're looking at pictures coming out of china, they're wearing surgical masks, face masks. do those really help to prevent the spread of the disease? >> so, this virus likely transmits through respiratory droplets, small pieces of liquid that come out of your mouth or nose when you cough or sneeze. they fall to the ground, traveling six feet, because of gravity. the masks are what we use in the hospital when we take care of people with respiratory viruses and they do work if they wear them. most people don't wear them well. they touch their hand face when they're wearing them. cheryl: a vaccine is reported to be at least three months away.
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do you foresee any type of treatment that can help those that are affected. and again, we are concerned about it spreading in this country. >> there is no vaccine against crus. thercoronavirus. there is a crash development for vaccines and repurposing other anti-virals. we're not going to get out of this with a vaccine or anti-viral. cheryl: i know we are certainly trying to be diligent and keep ourselves aware of this virus as as, again, it has been brought to our shores. thank you for the information. >> thanks for having me. lauren: the super bowl just a few days away. are you counting? cheryl: yeah. i'll be getting on a plane in a little bit. lauren: everyone knows the teams and the players involved. what about the billionaires behind them? i took an inside look at the family the kansas city chiefs.
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lauren: are you ready for the super bowl? kansas city chiefs fans certainly pommed pumped for tho run out of the tunnel he'll for the first time in a century. it will be a special moment for the hunt family. here's a look at the billionaires behind the chiefs. not only are the kansas city chiefs in the super bowl, they also named it. legendary chiefs owner lamar hunt coined the term back in
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1966 after overseeing the creation of today's nfl. but the hunt family hasn't always been about football. their initial claim to fame was oil and the empire eventually expanded. hotels, real estate, even basketball. the family was so iconic, it's widely believed the hunts were the inspiration behind the 1980s tv drama dallas. today, the hunt family is one of the richest in the world, a fortune valued at nearly $14 billion. >> i want to thank lamar and norma hunt for taking a chance on me, really appreciate you guys. lauren: lamar left legendary shoes to fill when he died in 2006 but his son, clark, has been up to the challenge. >> for clark it's not an asset, it's a family. that's the way they treat everyone from the person that's the highest paid in the organization to the person that may clean up around the building. >> he is very influential on the league. he is one of the brightest guys
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i've ever spoken to. but he's also one of the most hum well people that i've -- humble people that i've ever spoken to. lauren: the chiefs are sent to play in the first super bowl in 50 years. >> she's been to every super bowl and she's going to keep the streak alive. it's pretty amazing. lauren: the hunts clearly love football and also love their community, opening up a callen inside arrowhead stadium so fans can attend sunday's service without missing a game. >> the hunt city are engrained in kansas city through and through. lauren: of all the interviews we did, people love the hunt family, a rich and wealthy family but a evangelical, beautiful family. and let's go, norma, she's been to every single super bowl. cheryl: i didn't know the dallas tv show is based on the hunt family, that's kind of fun,
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being the cowboy's fan i am. lauren: made their fortune in east texas in oil in the 1930s. cheryl: we'll be at the super bowl this week, i head down this afternoon, actually. we're going to be live right here on "fbn: a.m." on thursday and friday and next monday. because we've got a lot of -- we have a lot of great guests. lauren: anyone placing any early bests? cheryl: i've -- bets? cheryl: i've got to say 49ers, i think they're looking good. lauren: i'm going with the chiefs. many football teams had social media accounts hacked yesterday. cheryl: joining us is brett larson. >> i'm going with the 49ers as well. this is a case of good hack, bad hack. yes, the chiefs, the 49ers are two teams that had their social media accounts hacked including their twitter account. at least the people who hacked their twitter account were nice now say we're the ones who did
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it, here's who you can contact to undo it. which was nice. they didn't tweet any horrible thing. if you've got controls of the people you could have said like we're totally going to lose to the 49ers or something a little more sportsman like. we don't know how they got into it. i'm going to guess it was probably an easy to guess password like password 1, 2, 3, 4, which is never a good idea. a lot of people share a twitter account in some of these organizations, but come up with something a hacker can't guess. would you like to spend an evening ott the international space station. cheryl: no, no. lauren: maybe. convince me. cheryl: i like the ground. >> if you can afford the $250,000 that it costs to get there, nasa is going to attach a private room to the international space station that you can rent. axiom space taking the idea up into space. i think it's a great idea. it will spur space tourism.
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we've got virgin galactic, elon musk will be launching people into space to the international space station. why not give it a go. cheryl: i thought it would be cheaper -- more expensive. the price seems pretty cheap to me. >> the price is the cost to get there. you still have to rent the room, which is tens of thousands of dollars. i'm guessing there is no room service, guessing if you get hungry in the middle of the night which could be at any point since you're going around the earth every 9 90. cheryl: brett larson, thank you. lauren: let's go chiefs. you can catch brett on fox news headlines 24/7 and sirius xm 115. cheryl: you futures, we've got -- futures, we've got green. the dow is up 81 points right now, s&p is up 10, nasdaq is up
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44. this is of course after yesterday's big selloff based on the coronavirus fears. new clues now starting to piece what led to the horrific helicopter crash that killed kobe bryant, his young daughter, seven others. we have the latest on the investigation and the moment the pilot lost control. lauren: michael avenatti's trial for allegedly extorting nike has kicked off and what he googled before the fateful meeting just revealed, how it could be a be bat l he'll for te legal -- battle for the legal team, ahead. ♪ i fought the law and the law won. ♪ i fought the law and the law won. do you have concerns about mild memory loss related to aging? prevagen is the number one pharmacist-recommended
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travel advisory, urging americans not to go to the city of wuhan or the surrounding area. the helicopter pilot who flew kobe bryant and eight hours tried to climb over clouds before the deadly crash. the chopper turned right before slamming into a mountainside in california. the cause of the crash is under investigation but dense fog is a possible factor. today president trump is expected to unveil his long awaited peace plan in a news conference along side israel's prime minister. he will then head to new jersey for his highly anticipated l rally with now republican congressman jeff van drew. a record-breaking 175,000 tickets were requested but the venue holds just 7500 people. cheryl: you just mentioned this about the kobe bryant helicopter crash. so again, she said the pilot who was flying kobe bryant and b seven others, he tried to climb over the clouds before the crash. the ntsb is saying the chopper
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actually turned right before slaming into the mountainside. lauren: todd piro has more on the final moments aboard the doomed flight. what do we know now? >> reporter: ntsb investigators are investigating several potential factors. >> we're not just focusing on weather. we take a broad look at everything around an investigation, around an accident. we look at man, machine and the environment. >> reporter: so far, it's not clear the exact role weather played in this crash but it's been revealed a new audio recording, the pilot tried to climb over clouds just minutes before that chopper went down. listen to the moment air traffic control lost contact. >> two echo, your intention? two echo, x-ray, you're still too low level for flight at this
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time. >> reporter: that silence absolutely deafening. here's a break down of the helicopter's exact flight path, the chopper took off just after 9:00. the helicopter then forced to circle for 12 minutes before flying north to grenada hills which was not the typical route. just before 10:00, the helicopter crashed in calabasas, less than 30 miles from the destination there along the coast. nine people were killed including kobe bryant and his 13-year-old daughter gianna. their priest revealing the two shared communion at catholic mass hours before the crash. lebron james posting a moving message on instagram saying i literally just heard your voice sunday morning before i left philly to head back to la. didn't think for one bit in a million years that would be the last conversation we would have. the nba honoring kobe by
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deciding to postpone tonight's lakers, clippers game and announcing he will headline this year's hall of fame class. cheryl: the sad thing too, todd, is there's no black boxes for them to study to find out what happened. >> reporter: you're going to have to go with the debris pattern, the air traffic control and whatever witness testimony you can get from on the ground. but that black box would have been perfect. unfortunately, doesn't exist in this case. cheryl: todd piro, thank you very much. we should adhere nike has -- add here that nike has pulled all kobe bryant items from their website. they're redirected to a statement about the basketball star's death. lauren: federal prosecutors right here in new york are looking to interview prince andrew an as part of their investigation into disgraced financeree jeffrey epstein. >> the press release offered to
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cooperate with law enforcement investigating the crimes committed by jeffrey epstein. prince andrew has provided zero cooperation. lauren: last year the prince announced he would step back from royal duties. prince andrew has denied accusations of wrong-doing. cheryl: well, let's move to michael avenatti. his web search history could be front and center in his trial for allegedly trying to blackmail nike for millions of dollars. prosecutors say he searched the phrases insider trading and, quote, nike put options for the meeting nike on the l sam same . avenatti has called it irrelevant. lauren: investors looking at apple's latest earnings front and center after the closing bell today. will china's coronavirus abe expect the company's iphone -- affect the company's iphone production. let's talk to tech expert paul
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powers. is china the elephant in the room for apple earnings today. >> i think there are a few. i think most of us are expecting the earnings call to go pretty well, the numbers should be pretty solid. the he'll fainted in the room is the coronavirus. there's tens of millions of chinese citizens in quarantine. there's a likelihood that will affect iphone production, for sure. lauren: dan ives is saying the impact from coronavirus will be negligible on apple demand because he's focusing on millions and millions of customers having to upgrade their phones. your thoughts? >> that very well may be true. if i were tim cook, what i would make sure i do going into today's meeting is because most of the apple investors are long-term value invest hers, i would make sure -- investors, i would make sure he focuses on three things. one is the coronavirus. i would make sure they get out in front of it. i would be very transparent and direct with that.
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second thing i would talk about is the concerns that exist around data privacy. there's a growing trend of concern in the u.s. about data privacy. we saw that in ces 2020 earlier this month, the first time we had a high profile panel just on the topic of data privacy. apple could do a lot to just be real transparent with people and tell them in plain english, not in their terms and conditions, what they're actually using data for and the last thing would be that i would get out in front of the concerns about anti-trust measures that are potentially looming. lauren: apple stock is up about 1% right now, paul, in the premarket. there's reports that apple has asked suppliers to make 80 million iphones in the first half of this year. is that encouraging to you? >> that's certainly encouraging. if you look at the long-term trends, iphone sales aren't necessarily where we hoped they would be, especially in foreign markets. we start seeing huawei catching up and outpacing iphone sales.
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lauren: and a good he question would be are chinese customers more national is particular, will they -- nationalistic, will they go for huawei over. cheryl: joe bidens is calling for witnesss in the senate impeachment trial but is he being a hippo consider it right now? -- hypocrite right now? lauren: the grammy's hitting a low note, why the biggest night in music was a big disappointment. you're watching "fbn: a.m.." ♪ you should have said no. ♪ you should have gone home. ♪ you should have -- managing lipids like very high triglycerides, can be tough.
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cheryl: joe biden is calling for witnesses in the senate impeachment trial of president trump. but he doesn't think it's necessary for him or his son, hunter, to take the stand. why does he think there's nothing to defend? here to talk more about it, chairman for the committee to defend the president, ted harvey and democratic strategist, laura fink. guys, good morning. >> good morning. cheryl: ted, to you first. if joe biden were to be called to testify, republicans would need a reason. what would that be. biden says there's no point. he hasn't done anything wrong. what do you say? >> well, the democrats made a mistake by bringing up joe biden in their case before the senate this week, saying that it's been investigated. it hasn't been investigated. in fact, my pack, the committee
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to defend the be president, has a billboard in times square down the street from you saying subpoenabiden.com, saying we need to hear from joe biden under oath and have him testify before congress on why he was actually using quid pro quo to stop the investigation into his son. that you is the definition of corruption. having the president of the united states simply using his office to push forward -- trump, that is, push forward on international policy, that's the job of the president. but using the corruption of the office to stop an investigation into his son, that's what should be investigated. cheryl: okay. laura, i want to switch gears here, well, same topic, but i want you to listen to steny hoyer, he was asked by a reporter about john bolton. listen to this. >> in the senate decides not to call witnesses, would you consider bringing john bolton back to the house.
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>> [ indiscernible ] cheryl: it's hard to hear his response. we have the text out there for our viewers. what about them taking him back, what about taking bolton and having him come back to the house to testify? is that smart on behalf of the democrats, do you think, strategy-wise? >> look, john bolton needs to testify. that's absolutely true. i know a few things. lizzo was robbed at the grammy's, patrick mahomes and the chiefs deserve to win the super bowl and we need to hear from john bolton and his mustache. he has information that the president knew about the aid and withheld it and used it for political and personal gain in an election to dig up dirt on a political opponent. that's being investigated in the senate, in the impeachment trial. that's what 70% of americans
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want to hear, they want to hear from witnesses. >> i want to hear from witnesses. >> we frankly should be hearing from other witnesses as well, because these are fact-based witnesses that have direct evidence that is germaine to the president's impeachment. a fox news poll, 50% of americans want to see the president impeached and removed today. so we need more evidence so the remainder of americans can weigh in on this decision. cheryl: we'll have to see. it's not up to any of us on this panel. do you think there should be witnesses called? it's dangerous for both sides if witnesseses are called in this impeachment trial and this could go any which way. >> yes, i want witnesses to come forward. that's why we're running subpoenabiden.com. i want biden to testify under oath before congress and explain why he was using his office to bring money into his family. not just his son, but others in his family as well. >> but there's no evidence of that. you don't have any evidence of that. >> what do you you mean, it's
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on video. it's on video. we have the video. >> video? >> of him saying -- >> oh, you do. >> yes, we have video of biden saying hire him or else you won't get your $10 billion. >> oh, come on. >> it's out of the vice president's mouth. >> the lawyers are arguing for the president, they have submitted none of that evidence. there's no evidence that proves -- it's a debunked theory. don't bring people down on a debunked theory. >> i have the video. the american people can see it. cheryl: all of our viewers are you awake now. ted, laura, guys, thank you very much. very spirited discussion. lauren: let's take a look at your money this morning. dow is up for the first time in six days, up 78 this morning, s&p up 9, nasdaq up 43 as a new round of economic reports come out today, are they going to be more proof that the trump economy is firing on all cylinders? cheryl: outrage over one pizza shop's billboard.
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was the joke in poor taste or are people just being a little too sensitive? we'll explain. you're watching "fbn: a.m.." ♪ fun fact: 1 in 4 of us millennials have debt we might die with. and most of that debt is actually from credit cards. it's just not right. but with sofi, you can get your credit cards right by consolidating your credit card debt into one monthly payment. including your interest rate right by locking in a fixed low rate today. and you can get your money right with sofi. check your rate in two minutes or less. get a no-fee personal loan up to $100k. get a no-fee personal loan when i lost my sight, my biggest fear was losing my independence. mmm... good. so i've spent my life developing technology to help the visually impaired.
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cheryl: despite buzz worthy moments and the amazing tribute to kobe bryant, the grammy awards hit a low note. lauren: a really low note. tracee carrasco here now with what happened. tracee, good morning. tracee: good morning. maybe it was the scandal that hit a few days before, a number of stars also didn't show up. the 2020 grammy awards failing in the ratings sunday night, becoming one of the lowest rated broadcasts in the you award's history, dropping roughly 6% from last year's broadcast.
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during the grammy's, abc aired a tribute to kobe bryant who died earlier in the day. since 2012, the grammy's viewership has dropped more than 53%. a new report saying that the crown prince of saudi arabia deceived jeff bezos, pretending to have an interest in a saudi amazon partnership in order to get bezos to join a saudi investment conference, this comes after a report that bezos' girlfriend, lauren sanchez, may have sold text messages to the national enquirer exposing his affair, despite rumors that the crown prince may have hacked his phone. one pizza place facing outrage after a billboard put up, saying fat people are harder to kidnap. they said the billboard was in poor taste. others found humor in the billboard, saying they were not
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offended. the owner apologized for having offended people and took down the billboard. cheryl: not a good one. glad he took it down. lauren: growing concerns about china's coronavirus temporarily wiping out the dow's gains for 2020, is this the start of a market correction? david, the recovery this morning seems a little bitten testify. bit tentative. do you think -- >> well, certainly there are more uncertainties than answers at this point. we really don't know what's going to happen. the world health organization is not -- has notched up the concern level a little bit, they haven't called it a full-blown crisis. we're seeing this as more contagious than epidemics in the past, perhaps not as severe.
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for investors with longer term orientation, market history is on their side. we have studied epidemics going back to the early '80s and invariably one year from now markets are significantly higher, enough to make it worth your while to do some bargain hunting at this point. lauren: all right. yesterday provided a breather if you will for investors looking to get in. today we get new information on home prices, the manufacturing sector with durable goods orders and consumer confidence. do you expect all of those metrics to continue to fight to fundamentally a strong economy or are you worried a little bit, perhaps the durable goods orders. >> we don't have the information yet so there's always a little bit of worry. fundamentally we think there's a lot of tailwinds behind this economy. we've seen interest rates and mortgage rates come down up to a full 1% less than a year ago. that should spur home sales. more importantly, it should spur home values and that is so
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critical because for most consumers the home is the biggest asset they have. if they see prices going in the right direction, they'll be in a better mood, take advantage of strong employment trends and get out there spending so that's something we would watch for particularly, lauren. lauren: let's go back to the coronavirus for a second, david. how china handles this or fails to handle this says a lot about president xi. you were talking about the last time we saw an outbreak like this 17 years ago china's economy was certainly much smaller. now president xi is on the world stage and his economy is really big. when china sneezes, the world catches the cold. are you concerned that china could dip into a recession or further into a recession if you would make the point they might already be in one? >> lauren, there's no good time to have an a epidemic like this but china is you could argue in a particularly vulnerable spot. although they're still growing very strongly, growth rates have come down to just about 6% which is a lot less than it's been in
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the past. plus of course this is occurring at the so-called lunar new year, when there is a lot of travel, which enhances the risk of contagion. there's a lot of consumer spending. we talk about how china and xi can have a much longer time horizon because they have kind of lifetime tenure but of course all eyes are watching how they handle this. lauren: david dietz, thank you for the time. cheryl: well, millennials, they have their quirks. now they say they are feeling pressure from plants. lauren: okay. cheryl: like green plants in the ground. yeah. lauren: okay. americans are feeling the pressure from the cold as in the weather. what they're willing to do to get some fun in the sun these days. the answers, straight ahead on "fbn: a.m." ♪ if i could escape. ♪ and -- i try to find companies that turn these challenges
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into opportunities. it's these unique companies with creative business models that will generate value for our investors. that's why i go beyond the numbers. that will generate value for our investors. i am not for ignoring the first sign of a cold. i am for shortening my cold, with zicam! zicam is completely different. unlike most other cold medicines, zicam is clinically proven to shorten colds. i am a zifan for zicam! oral or nasal.
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lauren: looking to escape the winter blues, you're not alone. cheryl: mike gunzelman with more on that. >> new poll, in conjunction with am vacations, they asked people about their travel habits during the winter, they found that 35% of americans will actually travel south somewhere warmer climate for sure and the reason
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why is because 88% say that the warmer temperatures actually will boost their mood, and they found that 72% say that the winter and cold weather actually makes them more sad and depressed, so the whole seasonal disorder thing is kind of real. the next question is what would you do in order to travel to the nicer climate, they found out that 48% would be willing to stand in line at the dmv, not me, i would definitely not be doing that, 44% say they would sit in 8 hours of traffic, how about getting a root canal, 38%, no, i'm good on that. cheryl: you say that in the survey but you don't mean it. lauren: i would do all of those things except the root canal. most millennials are intimidated by being parents, not to a baby, to something else.
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they don't know how take care of them, they were surprised to actually it was to kill a plant. cheryl: taking care of plants is more than they bargained. lauren: you water a want, all you have to do is put water in the plant, correct? >> sunlight, i don't know, i don't know the first thing about this, yeah, how about that? harder than people thought taking care of a plant. cheryl: i kill them but i don't care, oh well, i'm sorry. >> unreal. cheryl: i don't buy them
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anymore. >> totally,i don't know the first thing to taking care of plant. lauren: haven't killed my children. we were at the doctor at 7:30 last night but they're alive. cheryl: all right, well, let's take a look at futures really quick, folks, we have green arrows, nasdaq is up 39. lauren: i like the green today, that does it. maria: good morning, everyone, thanks for joining us, i'm maria bartiromo, happy tuesday, tuesday january 28th, top stories before 6:00 a.m. on the east coast, outbreak, death toll to 45 confirmed cases and in the u.s. over evaluated and businesses are shutting down as
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the virus spreads. markets are higher this morning, a bit of recovery after yesterday's selloff, dow futures up and apple on deck, reporting first quarter earnings after the close tonight, that will set the tone, investors are expecting news on apple tv plus and the impact of the coronavirus. we will preview what to expect from apple, stock is up this morning, privacy concerns, one of amazon's own engineers calling for ring to be shut down immediately, what you need to know coming up. mornings with maria begins right now. ♪ ♪ maria: welcome, everyone, top stories that we are watching this morning, coronavirus is spreading, now 106 people dead in china
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