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tv   After the Bell  FOX Business  February 17, 2020 4:00pm-5:00pm EST

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with unemployment interest rates. barring major macro news happening in the world hard to see a situation where our economy cools down to any extreme. now listen -- kristina: we can't listen. five seconds left. have to let you go. you did really well. cut it down. steve dudash. thank you very much. connell mcshane and lauren simonetti pick it up. lauren: contagion fears. growing concerns about a global outbreak as 3,000 cruise ship passengers return home including 14 americans who believed to be healthy but were found infected before boarding a plane into the united states. good afternoon i'm lauren simonetti in for melissa francis. connell: good to have you, lauren. i'm connell mcshane. welcome to "after the bell." markets closed so no bell. but futures indicate we may get a higher open tomorrow morning. s&p and nasdaq closed in record territory on friday. we wait for tomorrow morning's opening bell and while we do so here is what is new at this hour. ♪.
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unprecedented flooding a state of emergency in mississippi. waters are rising near historic levels and with more rain in the forecast officials warning the danger is not over yet. plus hitting the campaign trail. democrats running for president descending on nevada ahead of that state's caucuses and the contenders may be about to agree on one common rival. we'll talk about that. it is finally here, baby yoda merchandise. we hope you acted fast though. lauren: did not. connell: explaining later. bracing for impact, beijing approving a stimulus package that includes a key interest rate cut as it attempts to bolster the economy amid the coronavirus outbreak. chinese government think tank is now projecting that the outbreak could end up shaving off a full percentage point from china's annual gdp this year. plus it could impact as many as five million companies globally. that is according to research
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from the firm dunne and brad street. with us dan mitchell, center for freedom and prosperity chairman. it depend which side wins out here, dan. some would say china is on top of this. economically we're speaking about. we'll put stimulus into the economy. they will muddle through. shave off gdp. at the same time numbers are accurate came out originally, you shave a full percentage point off gdp, that ask nothing to sneeze at. what do you make of the economic impact playing out from the virus? >> there are two issues we should look at. one is independent of the competence and policy decisions of the chinese government. there is no question this is bad for their economy if we had something similar in our economy it, would hurt us as well. now, we're more medically advanced than they are. outside some of the big cities are very modern china still has some backward elements to their country, their economy. the wet markets where this
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disease allegedly started, we would never find something like that in the united states. so set that aside. now let's consider the chinese government's reaction. i don't think these so-called stimulus schemes are very effective. but that's even, i think secondary to the greater problem which is that china's economy is fragile because there is simply too much government intervention and cronyism in the financial system. all it takes, combine that with trump's trade war, there are lots of forces buffeting the chinese economy now. connell: you're worried about global growth? there is a theory out there that second half of the year, as bad as it might be now even if it is rough for the neck few months, as you know often time whether a storm or something like this, an outbreak, once we get through it the economy, wherever it is hit the hardest comes roaring back. whether that is china or the rest of the world. we might see a nice bounceback
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in the second half of the year? >> we could very well see a bounce back. i focus more on the long run. i focus on the fact that president xi has been increasing government intervention. connell: right. >> in other words, the period of semiliberalization, partial move towards free markets between 1980 and maybe last decade, xi has been reversing a that a little bit. i can't help but underscore how weak and how fragile china's economy is because of all the debt that has built up because the government in effect is steering money towards the firms connected to the power brokers in china. connell: right. >> that is not the way to run an economy. connell: the larger story which is the point you're getting at, if you look at the big picture, the political threat eventually, which would be an economic threat to xi xinping, do you view this as being kind of another peg in a building political threat to xi xinping's rule in china?
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>> the great fear that china's leaders supposedly have is, what happens if their people no longer feel like the future is bright? connell: right. >> that they will not be delivering growth. i do think with all the debt that's built up, with all the zombie firms and capital being steered on the basis of politics rather than economics at some point that is all going to sort of come together, straw on the camel's back, whatever metaphor you want to use, that is all of sudden we have to worry. does xi have a brutal crackdown a la tianamen square? because he say wait, i've been going in the wrong direction, do i need to go to the liberalization model which i'm knocking on wood? i don't know. connell: whether hong kong, or this or something we haven't seen yet, it is part of a big, broader conversation. dan, always good seeing you. we'll follow it. thank you, dan. lauren. charles: lauren: 14 americans evacuated
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from the diamond princess cruise ship tested positive for the coronavirus virus. which are live at travis air force base in california where one of the air force planes landed this morning. claudia, what is the latest at this hour? reporter: that's right, lauren. there is certainly a sense of relief for some 340 americans who are finally now off of that toxic cruise ship but there is also a sense of anxiety amid confirmation by the u.s. state department that 14 of those evacuees tested positive for the coronavirus. we're told it wasn't known that they were infected until after they boarded buses in japan, headed to the airport, escorted by japanese health workers in full hazmat gear. they were kept in an isolated area on board of the aircraft. they are being treated in omaha at the university of nebraska medical center. for everyone else another two-week quarantine begins on
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base here and at lackland air force base in texas where the second charter plane landed. cheryl and paul from syracuse who shared experiences on board the ship are ready to put the nightmare vacation behind them. >> we're exhausted but we're on the plane. that is a good feeling. pretty miserable wearing these masks though. everybody had to go to the bathroom on the bus. >> five hours on the bus waiting to get off the bus. >> crazy. crazy. reporter: then a nine-plus hour flight on a plane with patient host might be contagious. the very reason some passengers decided not to take the charter flight in u.s. their original quarantine in japan is set to any day now. it could be a few more weeks before they are given an all clear to return home. canada and hong kong are chartering flights to evacuate
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their citizens passengers off of the diamond princess which has been called a hot spot for this virus. back at travis air force base, we understand the cruise ship evacuees will be housed in a different location than several hundred americans who were evacuated from wuhan, china, earlier this month. their 14-day quarantine set to end this week. lauren? charles: lauren, thank you, claudia cowan. the total number of cases here in the u.s. now stands at 29. essentially doubled with the cruise ship with the charter flights coming into the u.s. talk more about the preventative measures we need to know about. we bring in dr. hashiniraraj. we were talking about the
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coronavirus infictions outside of wuhan, china. >> that's right. lauren: as vacationers come back to their home countries what do we need to know? about? >> we should have precautions as we all do this time of year. ratchet up in a level. we're talking about hand hygiene. we think it is transmitted through respiratory droplets or mucous from sneezing. you can breathe them in but they can land on surfaces. if you're touching anything especially in public places be very careful about washing your hands frequently. use hand sanitizer if you can't wash your hands. be wary touching your face. if you touch your mouth or eyes that gives you potential for the germ in enter your body. charles: if they develop a vaccines can we get it the way they do the flu shot. >> if you're -- it is too soon to say in this country you
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should definitely get a vaccine. we'll see what the prevalence turns out to be. how soon until they get a vaccine? probably at least a few months away if not longer. lauren: even though they can fast track that, you're right, at least a few months away. >> that's right. lauren: this can be transmitted person-to-person. >> that's right. lauren: the good news, the way this is different from sars the mortality rate is so slow the mortality rate is 2%. >> right. lauren: as the coronavirus infects different populations in different countries is there anything we should know about as it hits the different population s? >> we need to realize we're lucky in this country. we have problems with our health care system but still better than many regions in the world f the virus hits countries like africa and middle east it will take hold in a different, stronger way. we may see more rapid spread if it reaches those country countries because they don't
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have resources or sanitary conditions to constrain it properly. in this country we're on a different level. hopefully we don't get that point. with all the global travel and other countries get involved and with serious out breaks it can trickle over into our country as well. charles: lauren: dr. raj, thank you very much. connell: this warning in from apple. it is warning about the virus. does not expect to meet revenue guidance in the march quarter. it said this, once the markets was closed. not expected to meet its own revenue guidance, revealing work is starting to resume around china but it is experiencing a slower return to normal conditions than anticipated and, apple says iphone supply will be temporary fiscally-constrained. now in addition to that demand for apple products within china has also been affected. that is just from apple which will automatically make apple a stock to watch tomorrow on the virus warning. lauren: absolutely.
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connell: shifting to gears on outrage over bill war in some quarters. more than 1000 former justice department officials are calling for the resignation of the attorney general over the roger stone controversy. edward lawrence live at the white house with latest on all this. edward. reporter: connell, william barr facing growing pressure to resign. 1100 former officials signed a petition that he needs to step down. they say barr and donald trump interfered in a fair prosecution. democrats jumped on this, saying this must be the next investigation. >> i think he needs to go under oath and i'm very glad that he is going to have to testify before the house judiciary committee. reporter: barr will testify on march 31st before that committee. barr himself he have says he believes the sentence was excessive. the original recommendation was excessive. former white house chief of staff john sununu says this is
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all about politics. >> if the democrats were sincere they would have been criticizing holder and lynch when they were talking about protecting obama and being his wing man, et cetera. this is hypocrisy and stupidity on the part of the democrats. reporter: now the white house saying that the president has full faith and confidence in william barr still. now the judge in this case, set a phone hearing that is going to happen on tuesday. now in that hearing they will have a lot of debate. one about the lost in all of these issues with the jury foreman. stone's defense team she has been posting or posted before this on social media specifically about stone, talking about sommers arrests. treating about the russia probe. stone asking for a retrial. his sentencing hear something scheduled for thursday but everything hinges on the tuesday phone conversation because the sentencings could then move. connell: edward, thank you.
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edward lawrence at the white house. lauren: hiding behind the airwaves democratic candidates taking aim at michael bloomberg. the 2020 field is talking about the former mayor to take his fight to the debate stage. connell: the u.s. and taliban reportedly set to sign a peace deal by the end of the month. could this finally end more than 18 years of war? lauren: expanding his star-studded footprint, jeff bezos is mingling with the hollywood elite after purchasing a 165 million-dollar mansion in l.a. what is behind the world's richest man and his push for celebrity status? we'll have details coming up. cat for us! but not for your clients. that's why we're a fiduciary, obligated to put clients first. so, what do you provide? cookie cutter portfolios?
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connell: ♪. the "countdown" on to nevada and early voting period is hitting day three. there are really already voting ahead of caucuses the way they work things out there. thousands of votes have already been cast. the front-runners on the democratic side have been rallying across the state ahead of what may be for some of them a make-or-break moment this weekend. some contenders are also taking aim now at mike bloomberg, this time arguing that he should be facing the same type of scrutiny
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as they are. doing so this week, on a debate stage. take a listen to senator klobuchar. >> he just can't hide behind the airwaves. he has to answer questions and of course i think he should be on the debate stage. connell: here bill mcgurn, from "the wall street journal" and also a fox news contributor. it is interesting, bill, all the democrats, especially bernie sanders of the world were fighting against having bloomberg on the stage, we shouldn't change the rules for them. seems most of them want him up there. i wonder if this will end up being a positive or negative for mike bloomberg if he does get on the stage? >> i think he has to get on the stage. i think amy klobuchar made a good point. part of how you evaluate a candidate see how they hold up against the other candidates. remember the high standing kamala harris had and didn't do too well? it is a plus for democrats to have mike bloomberg on the stage in a sense providing a
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counterweight to some of the crazy spending ideas and so forth. i think he does have to do it and i think he need to do it. connell: right. he need one more poll, the way the current rule system is set up, he needs one more poll, 10% or more to get on for the next debate in couple days. eventually he will get on the debate stage. if he gets up there in nevada, he is not even involved in the caucus but he will be the target, right, of just about anybody? he has a public record to go on. he is three-term mayor of new york city but the criticism against his, mike bloomberg as a politician is the performance in a setting like this. that he might not be able to handle himself as well as he does -- >> my criticism is different. i'm not a bloomberg supporter but i think he was a pretty good mayor. connell: right. >> he seems to be running against that record as mayor and running more with the obsession on guns. the big problem, you saw it this week, a very smart guy had a good record but are you going out there to make jokes about how dumb farmers are?
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my point it sounds like you were calling up central casting to say, give me a candidate that wreaks of liberal east coast superiority to the rest of america. connell: right. >> you would get mike bloomberg. connell: the elitism argument i get. the clip that played, was a little overdone because, his argument, his argument essentially was economy was different years ago and they learned a skill and you go to work. >> doesn't matter. connell: you're saying the tone in which he says -- >> tone ever superiority. it doesn't matter. also if you're trying to win these battleground states, pennsylvania, ohio, michigan, it is just not a thing to say. do you want to forever be on the defensive explaining what you really meant? that is not a good look for any candidate. connell: he has a lot of -- "washington post" wrote a big piece over the weekend bringing up things brought up in new york before but they haven't been tested nationally, how he has spoken about women in the past so -- >> i think all of us heard those
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things. connell: yes. >> for years. it does make it i think more difficult if your argument against donald trump is, some of the argument has been this, we like his policies but we just don't like the person and the drama. hard to see how mike bloomberg whose wisdom is summed up in that little booklet of quotes about women, that he will be able to make that case for the democrats. connell: he might get to make it in person if he gets on the debate stage which will be interesting to watch if nothing else. always good to see you, bill. >> thanks, connell. connell: lauren? connell: back to the news we brought you at the top of the hour. to susan li. what did apple say? >> apple will not meet sales targets in china. this time it is coronavirus in a statement they will not meet the sales target for the fourth quarter. they're basically saying that worldwide iphone supply is
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temporarily constrained even though most of their suppliers and manufacturers, the compilers are outside of hebei province they still have a lot of parts shortages taking place and a lot of flux shall we say in terms of which of these foxconn factories are remaining open, which ones will be closed. when the full return of workers get back after the lunar new year holiday and the constraint we've seen from the coronavirus as well. they say demand is still there. we have seen a little bit of a dip in demand because people are not allowed to leave their homes to go buy their iphones. production is a bit constrained as we know more than half of the iphones are built and compiled still in china but this is temporary. don't forget apple in their most recent quarter reported record sales and revenue in this transition to services is still on going. whether or not we get the cheaper iphone this spring i think is probably in question givent supply chain disruptions
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we've seen from the coronavirus of the guys? lauren: susan li. a stock we watch tomorrow. connell: that will be the short term judge tomorrow morning. meanwhile the devastating floods we've seen in mississippi. the governor now warning of a precarious situation as he declares a state of emergency there. presidents' day, is it the best time to go car shopping? we'll let you know what is truly the right time to make the big purchase. ♪. n agricultural research. because your investments deserve the full story. t. rowe price invest with confidence.
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♪. lauren: let's go to mississippi where they're bracing what could be the most devastating floods in the state's history. hundreds of residents are evacuating as nearly 200 homes have been damaged and authorities are warning it could get even worse. fox news's steve harrigan is on the ground in jackson, mississippi, with the latest. hi, steve. reporter: we're getting a couple hours very welcome sunshine right now but there could be three or four very hard days of
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rain and more flooding for the state of mississippi. we're in jackson right now in central mississippi. most of the neighborhoods along the pearl river look like this. you have one, to, two, to three feet of floodwaters along these neighborhoods, about 1000 houses affected this is eerily quiet which is scene of mandatory evacuations. no casualties have been reported. a lot of people feel they could be losing everything. >> the thought of losing, of having to move and just, losing everything is, just losing what, losing our home, that is the scariest part about it. not knowing if we have a home to come back to. reporter: the governor declared a state of emergency on saturday. he has warned people not to try to go back to their homes too early. there have been at least 16 water rescues carried out by first-responders. we saw an airboat go by down
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this road. no casualties yet. still tough days ahead for mississippi with rain predicted tuesday through friday. lauren, back to you. lauren: looks like the calm before the storm. steve harrigan, thank you very much. connell: "fox business alert," what will be the stock to watch when we come in tomorrow morning, that is apple. we heard as susan li is covering it, warning on sales a few minutes ago. we heard about it even on a day with the market closed. we got the news out there. it will be investors turn to react to it. what is the latest, susan? susan: the latest the stock will be likely under pressure tomorrow. just going through some of their investor notes, warning that they will not meet the sales target for this month. rare occurrence for apple to do this. last time they did it was last year when they said china demand was not there of. hence they took back sales targets. they're experiencing slower return to normal conditions than they had anticipated because of the coronavirus whether it is
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opening the stores. we know apple had to shut all 42 stores in china. opening just a few with limited hours as well. that is having an impact in terms of how many consumers have access to buying iphones. as we know china is a big supplier since more than 50% of the eye phones are put together -- iphones in china by foxconn, their major manufacturer. suppliers near hebei province and believed 60 close high to shanghai are also being impacted as well. they might do this on strategic evening on presidents' day, markets are closed. there might not be a big stock reaction this is a big reaction when we're expecting a cheaper iphone this spring. that will happen march 9th. there are reports that they will have a march event. that is thrown in doubt as they warn they will miss sale targets for this quarter. connell: i was thinking, we talk about it like they are burying the news.
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tough to do. we're on the air, not everybody else is. burying the news is tough. everybody wakes up with this news to react to. not knowing what happened. susan: widely-held stock. driven most of the s&p's 45% gains. as they go so goes the stock market. if apple drags it will be a down day for most major benchmarks as well. connell: that is true. susan, good reporting. another reason to watch "fbn:am." lauren: i will keep you posted. connell: not sleeping. lauren: i will be with you tomorrow. bring coffee, connell. connell: thanks for the warning. lauren: first steps towards a historic peace deal. end to america's long-est-running war could be in sight. some officials are not convinced. we have the news on potential truce between u.s. and taliban. connell: trying something different from his peers in silicon valley. what is behind the celebritity
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♪. connell: the u.s. and the taliban reaching an agreement hoping to de-escalate tensions in afghanistan. senior taliban official says the deal will be signed by the end of the month but u.s. officials say they're cautiously optimistic. here to talk about it, chris harmer, retired navy commander, so-called reduction in violence
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deal. chris, should we be cautiously optimistic? what do you think? >> depends on your out look and what you want to sigh. if you want toe see violence between the united states and taliban stop we can be cautiously optimistic. the taliban has every incentive to live up to a cease-fire, cessation of hostilities between the united states and taliban in order to get us out of afghanistan. if your long term goal is successful society in afghanistan you should be probably pretty skeptical. all that will happen, when the united states leaves, taliban asserts control over afghanistan. we will be there bevacqua 9/11. connell: to your point, with the reduction in violence deal, we pull back a certain number of troops f it holds a certain amount of time, eventually to your point all the u.s. troops will get out. that is why we're still there in many ways right? people say if you get out completely it is a mess, do you still believe that?
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>> i absolutely believe that. the taliban you have to give them credit. i abhor everything they stand for. i never fought in afghanistan i understand the issues deployed in the middle east and studied it, the taliban has not changed the outlook since 9/11 or 10 years preceding. they want to establish a islamist society in afghanistan. their ambition has never changed. they tried to run out the clock, make it expensive for us in terms of lives and cost for us to get us to abdicate this fight. i'm not here advocating for a indefinite u.s. presence. all i'm saying if the united states leaves the bat feel field in afghanistan the taliban will reassert control. connell: if we get out it is a disaster, the other option would be to stay with some presence and that does become indefinite if there is no plan to get out. is it either/or?
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>> i think you make a very good point. point to the historical pam compel of south korea. in 1953 we fought to successful stalemate. we entered into 35 year commitment. we didn't know how long it would take. it took us 1953 to 1988 to establish a independent democracy, somewhat self-sufficient. we're looking same thing in afghanistan. connell: is that strategically something you recommend? >> the tragic option you dough that or grant safe haven back to al qaeda and isis. connell:'s be cautiously optimistic short term and more realistic median or long term. chris harmer. thank you for your analysis. thank you for coming on. >> thank you. lauren: the presidential deals across the country but what is really the best time of year to buy vehicles? this restaurant's milkshake brings vegans to its door.
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(whistling)
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♪. lauren: how far would you go for a meatless diet? not far at all. but apparently a 18-dollar vegan
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mick shaling is becoming the talk of the town -- milkshake. jackie deangelis you tried it and liked it. >> i liked it. the 18-dollar price tag comes wit. it is a big milkshake. it could feed a small village or a table with four to six people. we look at the trend, people wonder whether they trade the stocks if this is something here today or gone tomorrow or here here to stay? restaurants say there is such demand that they create items like this to cater customers. listen. consumer tastes are changing. the old day of meat and potatoes might be over. plant-based business. that is h black at that tap is latest to tap into the trend. you have seen the milkshakes on social media. they are not just food but they're white. this starts with a chocolate vegan shake. it has vegan have nil la
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frosting. the cake has apple sauce base and rice whipped cream to garnish on top. the shake sells for $18. this is a crowd pleaser. according to the black tap owner, veganism has grown 600% from 2014 to 2017. consumers and corporations believe the trend is here to stay. >> we're seeing veganism as a movement that is not going to stop. reporter: using alternative ingredients to make traditional foods can be challenging. getting vegan food to taste great is not easy. courtney designs all the shakes from soup-to-nuts. >> people have been asking about a vegan one or dairy-free one. this has been about two years in the making. reporter: some report vegan foods as a business model is in the numbers. the overall market for plant-based foods has grown 11% the last year. it is $4.5 billion according to the plant-based food association. they expect it to grow to 24.3 billion by 2026.
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so black tap's known for its burgers but wanted to offer vegan burgers and a vegan shake to make sure everybody could walk in the doors and share that experience. guys? lauren: all right, jackie deangelis, maybe i will give it a shot. i should. connell: with a huge piece of cake on top of it. kind of weird. looks good. capitalizing on presidents' day, today is presidents' day after all, holiday users use the holidays as biggest promotions. what is behind the special incentives we're seeing, grady trimble at elm hurst, illinois. reporter: better deals than a 18-dollar milkshake, i will tell you that much. we're at a toyota dealership. over the past years auto sales are down and cars are more expensive but as a result dealers are offering more incentives than they ever before. j.d. power says the average incentive on a car purchased was $4600 in december. here are the top presidents' day deals. chevy bolt, if you're looking
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for something electric. chevy equinox and toyota avalon are anywhere from 14 to 25% off. let's go over the biggest sales months. people want to know, is february one of them at least in terms of how many cars dealerships sell? as you might expect december is the biggest month for sales with christmas and dealerships trying to sell the end of the model year. followed by the summer months. february comes in at number seven. that doesn't mean they have deals. they say you get better deals in february than you wait in summer. when they have shoppers come in this time of year they have a different type of shopper. it is people who already know what they want, not necessarily the tire kickers that you might see in the summertime. listen. >> obvious they need a car in february because a lot of people don't really come in just to look around. they actually need a car in february. so we see a lot of people that come in and do that. so they need a car. reporter: another thing about february is that they still have
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some of the previous model year cars on the lot. they might not necessarily have that come summertime. so you can take advantage of that, get cars like one of these 2019 toyota at that highlanders. connell? connell: great stuff. grady trimble out in illinois. thank you, grady. now this. >> he started full-on punching the back of my seat really hard, that i was flying forward. you know, i was trying to get the flight attendant's attention and, she wasn't responding. so all i could think to do was to video the guy and maybe, i thought that would stop him. lauren: and she did. fight or flight. american airline panger, you just heard her threaten towing sue the airline after a video show posted of a fellow passenger punching her head rest went viral. he claims american airlines made
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defamatory statements regarding this incident. the video has two million views. people are wondering who is in the wrong? but i think anybody can relate to this situation. who better to ask than david asman. does she have a case here? >> well, i don't know. i think there are too many lawsuits. should work this out with the person. there is nothing -- first of all, you look at the guy, nothing more infantile, is there anything more infantile than a grown man banging, softly, soft enough so that he is not taken out of his seat but hard enough to be a nuisance to a woman? it is a bullying move. but the woman should turn around, look stop it or i'm going to call somebody, make a little fuss about it. instead they have this sort of passive aggressive going on. i'm going to hit your chair. i will sit here and take it. work it out mention yourselves. don't bring another lawsuit. we have enough of them. coming up in 15 minutes we have dr. anthony fauci. he is the genius who is the head
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of the infectious disease directorate at nih he will tell us the very latest on the coronavirus. you don't want to miss that. lauren: all right, david, thank you. we'll see you at the very top of the hour. >> see you then. connell: life-styles of the rich and famous. amazon's jeff bezos already the richest person in the world. now he is looking for fame and celebrity to match apparently. we'll have details on this when we come back. ♪.er that drive a company's growh and gain new perspectives. that's why we go beyond the numbers. t. rowe price. invest with confidence. that's why we go beyond the numbers. quitting smoking is freaking hard.st, like quitting every monday hard. quitting feels so big. so, try making it smaller. and you'll be surprised at how easily starting small... ...can lead to something big. start stopping with nicorette ♪ do you recall, not long ago
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lauren: fox business alert, apple issuing a warning saying it will no longer meet the revenue guide ep guidance for ct quarter because the coronavirus in china has affected their bottom line, do you think invest goreinvestors will punish the sk or is this expected?
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>> well samsung makes a lot of phones in south korea. could lead to something in genel when someone can't buy something for a while, that does not hurt a while, it would be bad if it was deferred to the point where a competitor's phone came out, i don't see this as a huge issue, this stock is so expensive that little things can blow up the stocks. lauren: you are expecting apple stock, just under 325 to be at a discount tomorrow? that maybe some people can swoop in buy it. >> i do not think it is a swoop in and buy right now, if you are
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a long time bull and there is a correct related something not a long-term situation. i think you would want to wait for a real -- tech correction in all of them. >> so from one big stoke to their, amazon, and ceo, jeff bezos, now hitting the red carpet in fashion shows building a celebrity profile, he also announcing he pledging $10 billion to fight climate change. jonas what do you make of the changes jeff bezos. >> there is a good' and a bad for this. there is a most expensive mid life crisis ever story here that is disturbing to an psychiatrist -- to an investor. it not an establishment like microsoft you can check out and do the things you didn't get to do when you were working 90 hour
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weeks. that said, he also heavily going to entertainment industry. and you can make a case for having an l.a. life style to be in that business, trying to lock up content all things you do, if he was the just in the retailing of consumer goods business. this would be a fishier story to an visito visit visit visitor mt his head space for a while. lauren: that baby yoda sold out. a plush toy, they are not shipping out ar for two more months, is it a fad? will it continue? >> you know, the whole "star
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wars" thing they keep hustling products to audience. i don't understand why they don't give a push back, you are over hustling me, i just want to watch my shows, they never get in trouble for over hustling. i'm baffled i am just not that big of a fan on these things. lauren: bob iger said we had a feeling it would be a hit but we wanted to keep demand for show growing, now they are sold out, they want to keep it going. >> they will be available in bz disney stores. lauren: facebook zuckerberg calling for his company to be regulated, and others to be as well, particular be bad for -- it could be bad for business, he
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wrote. >> i believe good regulations may hurt facebook business in near-term, but it will be better for everyone including us over long-term. could a statement or regulation like that backfire on him? >> you know, you read stuff like this, it has been through a lot of hands in facebook pr and legal departments, sometimes i think that billionaires pretend to be better people than they are so they don't get regulatory heat, in this case, actually think there is a element of honesty, without monitors you almost want a regulatory clampdown, if it was in a lot of government rules, you would be hard for a smaller company to come up, and compete in these areas, maybe it true, he does not seem to be inviting regulatory scrutiny to other
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aspects of the business, just the way they make money. they shown the dare -- connell: got to run. lauren: get it outism got on go. >> "bulls and bears" now. >> today markets are closed. david: happy presidents' day, markets and our competitors might be closed but fox business is open, we have a jam-packed show on "bulls and bears," thank you for joining us, early noting for nevada saturday caulks -- caulks -- caucus under way. and concern about the

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