tv FBN AM FOX Business February 27, 2020 5:00am-6:00am EST
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thanks for being with us. good night from new york. lauren: it's 5*u 5:00 a.m. here are your top stories at this hour. the first american who isn't linked to china has been diagnosed with the coronavirus. cheryl: joe biden leading in south carolina. can he stop bernie sanders's early wave of success or he is one and done. lauren: we know pro athletes hit the gym but what about a gym for e-sports players. the new trend sweeping the nation. it is thursday, february 27th. "fbn: a.m." starts right now. ♪ ♪ time to begin, isn't it. ♪ i get a little bit sick of the
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-- ♪ i'll admit, i'm just the same as i was. ♪ now, don't you understand. ♪ that i'm never changing who i am. cheryl: we are here, welcome to "fbn: a.m.." good morning everyone. i'm cheryl. lauren: good morning. welcome. i'm lauren simonetti. cheryl: all right. let's take a look at how your money is doing this morning. let's take another look at futures. it's been a week, right. another loss for the dow and s&p yesterday, both down five days in a row. right now, we do have more red arrows. the dow was down 400 overnight. this is an improvement. the dow is down 133, s&p down 16, nasdaq is down 42. by the way, a lot of retailers reporting before the bell. we have best buy, jc penney to mix it up today. lauren: it's a coronavirus driven market. the price of oil is at 47, 93. down almost 2% right now. gold of course flight to safety, at 1648 an ounce, a gain of $5.
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goldman sachs sees gold topping 1800 in the next three months. cheryl: we have seen a flight to safety into treasuries. right now the yield is actually down which means the prices are up. that means there is still a flight to safety today and the 10 year treasury, 3.2 basis points to the down side. lauren: there's panic out there. we're seeing that in the asian close. the shanghai composite had a gain. the kospi was down 1%, south korea's central bank kept monetary policy despite the outbreak on hold. cheryl: the u.k. government is saying there are 15 coronavirus cases there, germany has 21, and france two deaths, 82,000 cases worldwide, a global market issue, right now red across the board in europe. lauren: those fears at home, the u.s. is now confirming that the first american coronavirus case with no link to china, the diagnosis sparking fresh fears about the outbreak globally as
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president trump tries to keep americans calm. cheryl: todd piro has the very latest. good morning, todd. >> reporter: lauren and cheryl, good morning. overnight a scary new turn in this story. the cdc confirming the first patient without relevant travel history or exposure to another known patient, sparking fears of a community spread. a community spread means the virus begins moving through a community and the source of the infection is unknown. this patient now undergoing treatment in sacramento. meantime, the president trying to calm concerns while wading into political orders. >> there was good early decisions, decisions that were ridiculed at the beginning. we closed up our borders to flights coming in from certain areas. areas that were hit by the coronavirus. we did it very early. a lot of people thought we shouldn't have done it that early and we did and it turned out to be a very good thing. >> reporter: president trump
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announced that vice president pence will be in charge of the efforts. nancy pelosi slamming the administration's response for being, quote, opaque and, quote, chaotic, accusing it of leaving critical positions vacant and slashing money from the cdc. senator tom cotton says the dems just don't get it. >> one reason why we have the time to try to control outbreaks, get testing kits out of the the 50 states is because he took action last month to shut down travel from china and what happened at the time, joe biden accused him of being glee knoxenophobic against the chinee and chuck schumer and nancy pelosi were too busy trying to impeach him at the time. >> reporter: alex azer says the risk remains low but that could change as numbers remain low in the us. one high school closing today after a staff member's family member is quarantined. lauren and cheryl, back to you. cheryl: things are certainly spreading. thank you very much.
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at that news conference, blake berman asked president trump about the impact of the coronavirus on families who are planning their vacations. >> what would you say to americans out there who right now are looking forward to the summer, the upcoming months, and saying to themselves should i make my summer plans, should i travel abroad? >> hopefully they'll be able to do that. we think -- we hope it's going to be in good shape by that time. they have to remain a little flexible. i think they're not going to be -- probably not going to be going to china. they're not going to be going to certain countries where the problem is far greater than it is in the united states. what it's going to do is keep people home and they're going to travel to places that we have. cheryl: several airlines and cruise ship companies have seen a drop in travel demand. jetblue, the first u.s. airline to cut its change and cancellation fees in response to concerns about the coronavirus. the policy will apply to bookings made from today through march 11th. trips that would end by
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june 1st. lauren: let's take a look at shares of gillead sciences. the company has begun clinical trials to test a drug they have to treat the virus. the stock is up 8%, nearly 1,000 patients mainly in asia will receive the experimental treatment. the first patient is an american who is back in the u.s. in omaha, nebraska after being quarantined on the cruise ship in japan. the drug has helped reduce symptoms in monkeys infected with diseases similar to the coronavirus. cheryl: our other top story this morning, 2020 democrats racing against the clock in south carolina to make their final pleas to voters before the pivotal primary. as sanders closes the gap in the palmetto state, not everyone is feeling the burn. lauren: griff jenkins is in charleston with the latest for us. griff, good morning. >> reporter: good morning, lauren and shaimplet it's coming down to the wire, two days to go.
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and former vice president biden picking up a key endorsement from congressman jim clyburn. tom steyer challenging biden in the palmetto state as both men are casting person as somewhat of a dangerous socialist. listen. >> i strongly believe that if in fact we nominate a socialist, it's a mistake. >> the next president has to be able to win back the democratic senate. i was asked to come in and campaign, from alabama to montana. did anybody ask bernie? doesn't mean he's a bad guy. it means it will be hard holding onto the united states congress and senate. >> reporter: sanders continues to ride the momentum he's had since nevada, he's drawing large rally crowds here. i went to one of those yesterday to talk to his supporters to see if there's any stopping the bernie momentum. can anyone stop sanders at this
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point? >> at this point, i don't think so. >> i hope not. i hope he keeps going. >> i wouldn't say he's unstoppable but i think it's going to be difficult for any of the other candidates. >> i think we're going to start to see more momentum from bloomberg. i think that could be competition for bernie. right now, i see bernie as the frontrunner. >> trump would kill him. it would be a tough road for bernie to climb to beat donald trump. >> reporter: let me show you the latest south carolina polls, both show biden with a substantial lead. in the clemson university poll you have biden at 35%. in the eastern carolina university poll, you have biden 31%, sanders, 23%, steyer 20%, all other candidates in the single digits. our viewers on fox news channel can catch a townhall with amy klobuchar tonight at 6:30. lauren, cheryl. lauren: looking forward, griff jenkins, thank you very much. fears of a coronavirus pandemic weighing on the markets, the dow
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and s&p 500 closing down for the fifth straight session and down again this morning. so what exactly are investors reacting to? is it pandemic panic or is it the fact that bernie sanders is the frontrunner in the democratic presidential race? it's an honest question. jonathan hoenig, managing member of capitalist pig.com, he's here to unpack all of it for us. the president was talking about the coronavirus and said, well, you know, the markets are down a lot but you have to remember that it's because the democrats are a mess. >> the democrats are a mess and bernie sanders is something the markets are fearful for. you can't blame the 25 point swing simply on who is leading in the democratic race. the trend has changed. only 25% of stocks are above their 50 day moving average. less than half are above their 200 day moving average. so whether it's just the end of a very long bull cycle, the virus or any of these other factors, the market is weakened
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and the trend is now down. lauren: let's look at the positives we can see in all this, the recovery of the housing market, the fact that interest rates are low, and now the fed, they're going to change their tone. they have to. if you look at the fed funds futures, they're pricing in three rate cuts this year, the first one happening in april. does that tell you that there are pockets, lower gas prices, where the consumer can remain strong with all this in the backdrop. >> ironically, the most bullish news we've gotten is some of the fear. we hadn't seen fear in the financial markets for the better part of two years, that has certainly come out in the last couple days especially. that's quite bullish. as you said, the reduction, the sharp drop in gas prices and oil prices, that's a net-net boom for the consumer. the president yesterday was talking about lower interest rates but let's not fool ourselves. traditionally that's an indication of a weak economy, not a strong economy. in a strong economy, there's demand for money that's actually pushing interest rates up. this is that double edged sword. a weak economy means lower gas prices and lower interest rates
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but it also means a weak economy. lauren: where's the bottom for the equity market. >> at this point it's a falling knife and as the addage says, don't catch a falling knife. it's a great opportunity for people to reassess their own risk. if you're in your 20s, 30s, and have a long time horizon, this doesn't make a big difference. if you're a few years out from retirement, it's a great time to get your financial house in order. lauren: such a headline driven market, we're not exactly sure what the latest driver is but a lot of people are saying this coronavirus really has rattled a lot of investors because we're seeing the numbers go down in china, arguably, that's what they say. but going up everywhere else. so would you make the argument that when you see a peak in the number of infections, that's when the market can recover? >> i don't think you can trade this and invest this based simply on the daily number of infections despite the fact that the market is swinging.
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overnight, a roughly 400 point swing in the dow jones futures simply overnight. when i look across equity markets worldwide, with the exception of the nasdaq, they're almost all down year-to-date. so that makes it very difficult for any equities to get out of their way. let's hope the bottom is soon. lauren: the week for the dow, down more than 2,000 points in one week. good to see you in person. over to you. cheryl: fears over the coronavirus may be keeping some people indoors but get this, that could be good for some well-known publicly traded companies. what people are turning to to keep themselves busy inside. lauren: if a character in a movie is holding an iphone, could that be a spoiler. what apple products on the big screen actually say about the characters who hold them. details coming up on "fbn: a.m.." ♪ tell me what you want. ♪ fx: doorbell]
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milwaukee's mayor calls the shooting one of the worst tragedies in the city's history. police have not released the names of the victims of the gunman. a federal appeals court ruling that the trump administration can withhold funds from states that have declared themselves sanctuaries from federal immigration policies. the ruling comes after the president's 2017 executive order was stopped in a lower court back in 2018. states affected include new york, connecticut, new jersey, washington, massachusetts, virginia, and rhode island. well, the trump campaign filing a lawsuit against the new york times over an opinion article that said the campaign colluded with russia in 2016. the campaign is seeking millions of dollars in damages, noting that the march 2019 article came out after the mueller investigation did not find evidence of a conspiracy. a new york times spokesperson telling fox business that the law protects americans' rights
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to express their judgment and conclusions. and amazon taking steps to protect its shoppers when it comes to the coronavirus outbreak. it's adding links to the cdc on any coronavirus related searches. it's also warning sellers not to take advantage of the outbreak by increasing prices of protective face masks, saying anyone who does could lose selling privileges. lauren: amazon's worried about their supply chains, they're saying if you need product here, get it as soon as you can. tracee: lots of things sold out. lauren: thank you. cheryl: while airlines and cruise ships may be suffering during the coronavirus outbreak, there are a few chaps are predicted to actually see demand pick up. lauren: let's bring in from fox news headlines 24/7 brett larson. what companies are we talking about? >> we're talking about streaming services, netflix and disney plus will benefit from people wanting to stay home. it totally makes sense, if
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you're stuck in the house, if you've got kids in the house, if the whole family is in for the weekend, you want to make sure everybody has something to keep them entertained. it's a side note, normally when there's snowstorms in new york city on a weekend or saturday afternoon, big snowstorm, the cable on demand service gets a little slow because everybody around you is thinking the same things like let's get caught up on movies. cheryl: analysts are saying the streaming companies, netflix and peers, that's a quote, will get new digital signups because of this. >> they're going to be not forced into it but it's going to be like you know what, now weig- now we've got the time to check this out. lauren: what about at homeworkouts and food delivery. >> food delivery will be a thing. peloton also expected to see some increase because folks don't want to go to the gym, don't want to be around other people. how are you going to work out? you're going to stay home and do it in your home and do it in a group setting where you're still
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able to maintain yourself. cheryl: let's talk about apple and iphones and hollywood. >> this is a total spoiler alert. so you know the movie, the knives out movie, came out a couple weeks ago, did very well at the box office. the director is telling vanity fair that the iphone can't be used by bad guys. cheryl: what? >> if you're watching the movie and one of the characters has a samsung, he's a bad guy. lauren: wow. more on that a little later. brett larson. thank you very much. cheryl: you can catch brett on fox news headlines 24/7, sirius xm channel 115. lauren: right now, let's show you your money. now down six days in a row, dow down 152, s&p down 18, nasdaq did return to positive territory for 2020 yesterday but that in jeopardy right now. it's down 52 points. joe biden still leading in south carolina, but can he hang on past the palmetto state? cheryl: and if bernie sanders and aoc's green new deal becomes a reality, swing states will be paying the price.
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cheryl: joe biden has been holding a strong lead in south carolina. new polls show his numbers are maybe heading in the wrong direction. the latest poll show his lead has slipped and candidates like bernie sanders have gained momentum there. is south carolina the final stop for the biden campaign? for reaction, chairman of the committee to defend the president, toad harvey is here, democratic strategist, kevin c chavist. good morning. what do you make of the change of events for joe biden in south
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carolina. he has put pretty much all of his eggs in that basket. >> he has to have success in south carolina, he essentially has to win, because it's the most delegates up for grabs at this point. and for him, if he doesn't win, i don't see how he can convince donors that he's got a chance as we go into super tuesday. a lot of the states in super tuesday are sort of too close to call, california of course bernie sanders has a pretty commanding lead. but joe biden has to win in south carolina. and i believe he will. he got a big endorsement from rep clyburn who has a lot of sway there, also even barack obama weighed in, sort of speaking out against an ad that a pro-trump pac had been running. he even sort of used his influence to help joe biden. i think he'll win but he has a long way to go to catch up to bernie sanders. cheryl: look at what happened in iowa, new hampshire and nevada. let's take a look at michael bloomberg, he is not on the ballot in south carolina.
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but super tuesday is right around the corner. watch this new ad he just put out. it goes after somebody else not on the ballot. look. >> health experts warn the u.s. is under-prepared, managing a crisis is what mike bloomberg does. in the aftermath of 9/11 he steadied and rebuilt america's largest city, oversaw emergency response to national disasters, upgraded hospital preparedness to manage health crisis and funding cutting edge research to contain epidemics. tested, ready. >> i'm mike bloomberg, i approved this message. cheryl: your response to mike bloomberg going after trump? >> it's another case of the democrats desperately trying to find something to go after the president on because he keeps winning and winning and winning since the day he won in november of 2016, he's going to continue to do so. i think if you listen to what my colleague just mentioned about the pac that is going after
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biden in south carolina, that's my pac. that's the committee to defend the president. and yes, obama is getting involved in that race in south carolina because they're desperate. they realize that our efforts and the efforts of others to show the voters in south carolina just how the democrats continue to play lip service to the african american community but never deliver and this president, this administration, has delivered record low unemployment, record high wages, the african american community has benefited greatly because of the trump campaign and trump administration and that's why he's going to win come november of this year. cheryl: kevin, respond to that. joe biden's strength or no strength with the minority population, especially in south carolina which is a crucial vote. >> well, i think african american voters know that this economy was sort of started by barack obama, the unemployment really started to drop under his administration and he still gets credit for that. i guess president trump does
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deserve credit because he hasn't messed it up, he kept the momentum going, which is good. he wasn't the architect. he didn't inherit a complete mess. so i think people do give joe biden credit for that. and i think when they -- they're just not happy with just low unemployment. we want to see homeownership rates go up, they have fallen to 50 year low in the african american community. cheryl: ted, i want to give you the last word on the issue of the markets and the coronavirus. the president defended himself last night in the press conference. your final thoughts on the economy and president trump. >> i think this is a serious issue. we pray for the folks in china. it's definitely not the president's fault. i do worry about how it's going to affect the economy. but again, it's not going to be president trump's fault that china has this terrible problem. that is going to impact our supply chains around the world, not just in the united states. cheryl: a lot of blame going on. thank you very much. great to have you both here.
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>> take care. lauren: we can move up the prompter. the green new deal will cost a lot of green. a new study shows the average swing state household will pay $75,000 in the first year, the study examines the resolution's impact on energy costs in 11 states with upgrades to cars and homes to comply with the climate bill. supporters like alexandria ocasio-cortez argue that the cost of not addressing climate change could be much greater. cheryl: well, let's take a look at futures this morning. five days of losses for the dow and s&p. the nasdaq had a gain last night. we have red arrows this morning. we're seeing an escalation in selling. s&p is down 22 and a quarter, nasdaq down by 62 points this morning. president trump saying that the u.s. is totally prepared to handle a potential coronavirus outbreak. is he right? our next guest says no country is more equipped than we are. lauren: actress lori loughlin back in court today over the college admissions scandal.
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cheryl: here's your morning cheat sheet, the top ted lines to get you through the day. the cdc confirms the first american coronavirus case with no link to china or exposure to another patient. people in sacramento concerned about it spreading throughout the community there. a federal appeals court ruling that the trump administration can withhold funds from states that have declared themselves sanctuaries from federal immigration policies. states affected include new york, connecticut, new jeer circumstance washington, massachusetts, virginia and rhode island. and 2020 democrats continue their campaigning in south carolina. the state going to hold the first of the south's primaries on saturday, currently joe biden is leading in the state but with
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a narrow lead. lauren. lauren: president trump says the u.s. is ready to handle an outbreak of the coronavirus as the cdc confirms the first u.s. case not linked to china. we bring in healthcare analyst, seth denson, author of the cure, a blueprint for solving america's healthcare crisis. good morning, seth. >> good morning. lauren: with respect to that case in california, cheryl gave us the details, how prepared is the u.s. to handle what's called community spread? >> well, listen, i think that time will tell how prepared we really are. if you think about our healthcare system versus what is available in the rest of the world, we're the most prepared that's out there. the united states is responsible for roughly 70% of all innovation that is utilized throughout the world when it comes to healthcare. if there's a country that's best prepared, it's us. lauren: what about getting testing kits? we're hearing there's not enough of them to see if patients do have the coronavirus because when you go to the doctor with the regular symptoms of flu,
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that could be the coronavirus. how do you know if you don't have the kits? >> that's a challenge, right. and these kits are available and strategically placed throughout the united states. it will be interesting to see how this plays out and how fast and if and when this spreads, if we can get the right testing in place. but rest assured, that the best minds in the world are right here in the united states and they're working on this. lauren: how much money do we need to fight the coronavirus, is it $2.5 billion or is it $8.5 billion. >> whether it's 2.5 or 8.5, i think congress made it clear that we'll get it. i like the president's approach of saying let's start with two and-a-half and let's be fiscally responsible here and not ask for more than we need. chuck schumer, everybody has said they would be willing to give it. i'm sure if it takes eight, we'll get it. lauren: do you think they're politicizing the virus at all? >> i think the democrats politicize just about anything these days.
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they've proven that. that's the sad state i think we're in. we need our leaders to work together towards a solution. it's sad we're politicizing something as scary as this could be. lauren: what do we need from china? i was reading a report and i was shocked to learn that 90% of the core ingredients from some drugs like amoxicilly. ln come from china. if we can't get it, what do we do. >> there are american companies out there trying to get new alternatives or take old alternatives that have been used against the sars or ebola virus, that are doing things that try to advance solutions in the event we can't get the supply chain from china. this is an alarm that many have been sounding for years that we need to wake up to, that too many materials within our generic drugs are manufactured in china. we need to bring some of that
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manufacturing book the united states. lauren: -- back to the united states. lauren: now it's going to happen. thank you for the time and per sees. cheryl: great point there. the coronavirus could be a problem for coca-cola we're now learning. they say supplies of ingredients including artificial sweeteners come from china. the company has contingency plans for now. it says long-term supplies could be affected. lauren: the cdc is warning men about the fuzz on their faces amid this outbreak. the agency releasing this graphic. it shows which styles of facial hair will conflict with potentially life-saving res praters. styles -- press pra respirators. some styles are fine according to this graphic. pumutton chops and most beards e risky. cheryl: here's what's happening today. vice president pence is going to speak at cpac in washington, d.c. the speech is being billed as america versus socialism. the conference will focus on the
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upcoming presidential election. president trump will close out the annual event by delivering the keynote, that's going to be on saturday. lauren: lori loughlin is due back in a boston courtroom in the college admissions scandal. lawyers for the full house star and her fashion designer husband say new evidence shows the company believed their payments were legit donations and not prescribes. the attorney saithe couple pleao the charges. cheryl: starting today, panera bread has a new deal that's sure to get you nice and buzzed. a bottomless cup of coffee. customers can drink as much of the coffee and tea as they want for $8.99 a month. this comes after panera overhauled the breakfast and coffee menu last year. that's actually a really good deal for coffee, $8.99 a month.
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lauren: it's amazing. i pass two paneras on my drive home from work. they have really good coffee. looking at the dow, down half a percent this morning, ditto for the s&p and nasdaq. president trump touts tax cuts 2.0, some 2020 dems are touting their tax hikes. how all of this could impact your wallet. cheryl: getting a parking ticket is bad enough but what if the fine was based on your income. lauren: what? cheryl: how it might become a reality for one major city. you're watching "fbn: a.m." ♪
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cheryl: president trump says he's working on tax cuts 2.0. of course, the democrats are out with their own set of plans. here to break it down, gene marks. good to have you here. i want to dig into the specifics. we haven't done this enough, i don't think. let's start with the biggest offender when it comes to taxing a lot of americans, that's bernie sanders. look at the specifics of what we learned from his campaign. taxes state assets worth more than $3.5 million, think small businesses, 77% tax on over $1 billion in income and taxing speculation, financial transactions and of course he wants to come up with new corporate taxes. what do you make of mr. sanders'
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plan? is this even feasible. wouldn't this bankrupt the economy? >> it's great news for us accountants. it will certainly keep us busy. there are a lot of taxes that he's proposing in the plan that will affect people of all level of income, even as low as the middle class as well. capital gains, higher corporate taxes, higher taxes on investment income, although he says he has good plans for what he wants to do with the tax money, what some people have to realize, he's got to get it through congress. no matter what plans the candidate has going forward, whether it's taxing the wealthy or increasing the tax on the middle class, he's got to have congressional support to make it law and i think that sanders, regardless of whether he wins the presidency, i think he's going to have a very big uphill battle getting the legislation passed. cheryl: we learned it benefits the average american if you're looking at the president's -- president trump 2017 cuts. let's look at elizabeth warren. she wants to raise taxes on at
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least 70 to 75,000 of the wealthiest american households. annual 2% tax on every dollar, if you've got a net worth over $50 million. the last one hurts companies, that hurts workers, gene. >> whenever we hear about the democratic candidates going after the larger corporations, they want to tax ceo pay, they want to taxer make sure companies -- warren, if companies are showing a large amount of income on financial statements, but not on their tax returns, she wants to pe penaize companies for that. people don't remember that corporations pay taxes, that's an expense. whatever money they're paying to the government is being taken away from the corporations to spend on their own people and their own infrastructure and hiring. it's exactly right. cheryl: ro ronald reagan, trie down economics. we have to remember history here. i want to get to joe biden, increase corporate taxes from 21 to 28%, but not 35%, gene.
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raising the individual tax rate, the top rate to 39.6. and he wants to repeal the salt cap. what do you say? >> well, he wants to raise the individual tax rate to 39% which is not 52%, which is what bernie sanders is recommending. biden is sort of like a very light version of what warren and sanders is. i will tell you this much. if you're into paying less taxes and you want to vote for a democratic candidate, joe biden is the guy to support. although still, his tax increase, he wants to repeal some of the things from the tax reform act of 2017, he still wants to increase taxes on capital gains. there's definitely more taxes with joe biden but nowhere near as much as the tax being proposed by warren and sanders. cheryl: pete buttigieg's plan is . good to have you. we'll have you back soon. lauren: one man is turning your idea of a gym upside down. how he's looking to take on a billion dollar industry. cheryl: so much fun.
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and one chain is getting rid of the barrier between you and your bacon. lauren: is there a barrier? cheryl: for some people. maybe not you. the exciting new menu item from bacon lovers. i don't know if you like bacon, but we'll talk about it, coming up. ♪ [ applause ] thank you. it's an honor to tell you that liberty mutual customizes your car insurance so you only pay for what you need. i love you! only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ there's a company that's talked than me: jd power.people 448,134 to be exact. they answered 410 questions in 8 categories about vehicle quality. and when they were done, chevy earned more j.d. power quality awards across cars, trucks and suvs than any other brand over the last four years.
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cheryl: there is a new battle to tell you about when it comes to the first amendment. lauren: tray joins us with the details. tracee: a federal appeals court rules that privately operated tech platforms are not subject to first amendment requirements. the case involving a youtube channel operated by a nonprofit.
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the founder sued after youtube flagged dozens of video as, quote, inappropriate and stripping them of advertising. preger argued there was nothing offensive about the clips and its freedom of speech was violated. the court says the platforms are free to censor content they don't like. one la lawmaker in boston is looking to change how people pay for parking tickets. tickets could range from $15 to $120 according to the city's website. they argue some people may be forced to choose between paying the fine or putting food on the table. taco bell might be beefing up its menu, starting next year the restaurant will reportedly add plant-based meat options. taco bell already has vegan options on the menu like black beans and rice. the decision comes as many of its competitors like burger king seeing success with its impossible whopper that is made with an impossible food burger
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patty. and from fake meat to bacon, dondunkin now selling snacking combine, bacon on the go. it's eight strips served in a sleeve with sweet black pepper seasoning. dunkin says it's perfect for those on the go to satisfy their bacon craving. cheryl: looks really good, actually. put the fried po potatoes aside, just give me the bacon. lauren: no barrier. thank you. when people think of gyms, equipment and weights often come to mind. what about a gym that strengthsens a different set of skills, ones honed by gamers, we're talking e-gaming with john f. azio. thanks for coming on. >> thank you. appreciate you having me. lauren: tell me how big is this industry and what exactly does your company do? >> this industry is a rapedly growing industry, video games is upwards of $150 billion. e-sports is just about
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$1 billion. the analogy is that the whole country is playing basketball but nobody is joining leagues, they're playing in the driveway. we provide those leagues and opportunities for people to play. we build facilities that increase access to this industry and allow more people to compete. lauren: how many do you have? >> so we're in philadelphia, denver, huntington beach, we just launched los angeles, we announced that will be opening this summer and local host rohan university will open this summer. lauren: how expensive -- i take it there's a membership or can you take a one-time fee? how does it work? >> everybody who enters our facility is a member. the access fees to play in tournaments can be as low as $5 entry for a tournament or $3 an hour to access our facilities. we work with the local school districts to make sure that the varsity players inside the school districts can play for free in our facilities. really in an effort to increase that access and allow anybody
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who wants to compete in this industry to be able to do it. lauren: john, a lot of people are probably watching right now and saying a training facility for e-sports, what exactly do you teach? how do you train? and is there a payoff and i'm pretty sure you're going to tell me that when you become pro or really good at e-sports you can make a lot of money. >> sure. it's not just about being pro. i grew up as very privileged upbringing. i was a soccer player. i was also a hard core gamer. my soccer skills were sending me around the world, helping to pay for college and my buddies who were gaming and putting in the same amount of practice and training and effort that i was, they had no upside, no potential. what we really do with these facilities is focus on creating community and social interaction but the same type of frameworks we have from traditional sports like camaraderie and dealing with losing and ability to community and leadership, we teach those skills. whether or not you're going to be a professional gamer or you
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may make friends and build a relationship that ends up being a career or working in production or event management, there's a wide swath of opportunities that comes from here, not just being a frogs nail gamer -- being a professional gamer. lauren: what about female players. >> fe fee female players it'l for us. we're seeing is that our spectators, it's just typically even in female and male, if not largely dominated by our female watching. and so with that type of trend, what we're saying is if we can get females to watch gaming, we want to increase the amount of opportunities. but the key is giving them an even playing field, a comfortable environment, online cultures have a real issue with the way that toxicity spreads. that's the first step, providing a safe and even environment for anybody to compete. lauren: this is a good idea.
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good luck to you. >> thanks for having me. cheryl: i'm thinking about what games we could play. lauren: i would be the worst e-sports player ever. cheryl: we've got a lot more coming up. lauren: we'll do better. cheryl: what kind of phone would a movie villain use? we're lifting the lid on a secret that is going to ruin mystery movies for you forever. lauren: prince harry just changed his name. what he wants you to call him when he wraps up his royal duties next month. we'll have that answer when "fbn: a.m." returns. ♪ you're the devil in disguise. ♪ oh, yes you are. ♪ devil in disguise. ♪ with over 75 years of savings and service, geico is the easy choice. we could even help you with homeowners... oh! not again! oh, thanks! you know automated lights are just the beginning. pretty soon they're gonna have eyes... everywhere.
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♪ ♪ lauren: calling on movie angels because we may not be able to reach the villains, at least not on an iphone. cheryl: mike gunzelman on that. mike: director from knives out, sky walker, revealed secret, that the good guys on the movies use an iphone and the bad guys don't use an iphone. it can go a step further, it's not just iphones when it comes to apple.
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think of tv show 24, terrorists were uses pc's in the tv show. they can go to car companies, gm might make a bid for a movie and be like, hey, we want to be the car that the good guy is dropping. hey, if you want to be in the movie it's what the bad guy is driving, alcohol, perhaps the person being drunk. they may not do a close-up of what the guy is drinking, as far as product in films and hollywood makes a ton of money. last year alone 11 and a half billion dollars on product placement. cheryl: amazing. it's money driven? okay. prince harry, is he still prince harry? mike: he just wants to be known as harry.
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i was thinking and talking to people about this, i have no idea what prince harry's last name is. do you guys know offhand -- lauren: windsor. mike: i'm glad you know, harry charles. what is his last anaheim, apparently windsor, there you go. lauren: thank you for joining us on fbn:am this morning. cheryl: we send it over to maria bartiromo, maria, good morning. maria: happy thursday, thanks for joining us, it's thursday february 27th, top stories 6:00 a.m. on the east coast. coronavirus is spreading globally not on every continent kept antartica, fear of the impact feeling another selloff on wall street this morning, s&p
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500 pointing can sixth straight day of losses. nasdaq is lower by 90 and s&p 500 lower by 31 right now, we are talking about 1 plus percent selloff right off the gate this morning. interest rates continuing to go lower. 10-year 1.29%, down 3 and a half basis points. fears of community spread of the coronavirus in the united states, a person in california has tested positive for the virus and as of now it's unclear how this patient contracted it because they have not traveled to china or had any, you know, any participation with anybody who has actually contracted, so we will take a look at that. the news coming shortly after president trump said the risk to americans remain very low. vice president mike pence will lead the administration's response to the virus.
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