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tv   After the Bell  FOX Business  March 2, 2020 4:00pm-5:00pm EST

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liz: scott ridder. thank you. [closing bell rings] it is history on the dow, s&p and nasdaq, all three seeing the largest point gains ever. that will do it for "the claman countdown." we're back at it. now for "after the bell." melissa: boy, oh, boy, if you sold on friday, that was bad advice. the dow's highest point gain in history. stocks surging in the final minutes of trading. all three major averages ending up more than 4% after positive comments coming from president trump meeting with pharmaceutical leaders at the white house. the dow ending up a staggering, looking at that, we're waiting for it to settle. it looks like 1293 points, a smidge more than that. amazing, snapping a seven-day losing streak. the nasdaq ending in positive territory second straight day. i'm melissa francis in new york on the bounceback monday this is "after the bell." connell? connell: i'm connell mcshane
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reporting from durham, north carolina. boy, that really is, a huge snap-back rally in the market today. even with that, we do still have fears about the coronavirus slowing travel down around the country and we are broadcasting live today from a hotel, unscripted hotel in durham where we will take a look at the business impact of the virus in america. one day before this state becomes one of 14 to hold a presidential primary in what is known as super tuesday. we have a lot of politics. a whole lot coming up this hour as our swing state economy series continues here from north carolina. we're waiting on the president. president trump is getting set to leave the white house to head our way as a campaign rally tonight in charlotte. we'll bring you a any comments if he speaks to reporters on his way out on the south lawn. edward lawrence own the north lawn of the white house. we'll get in edward.
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kristina partsinevelos on floor of new york stock exchange. phil flynn from chicago on cme. but christina, we'll begin with you. >> crazy day. the dow closes up 5%, largest point gain in history. same situation for the nasdaq. same for the s&p 500. we're seeing the s&p 500 close a little less than 5%. i wish i could have a hat. normally i have 25,000 points, 30,000 points. you're seeing 5% gain across the board. every single s&p sector closed in the green today. let's look at some of those winners though. i want to start with the dow. you're seeing on the screen, apple, walmart, united health, microsoft. walmart is big winner with larger retailers like costco. i want to focus on costco for a second. that is one of the s&p 500 winners. why? you have the expectation that people are still stockpiling. so they are going to costco to
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by. pictures of huge lines in costco optimism towards end of the day, that traders, investors, believe, policymakers, central banks will come through to mitigate any type of impact from the coronavirus on the global economy. back to you guys. melissa: kristina, thank thank . oil snapping a six-day losing streak. let's go to phil flynn with more on that. phil. >> it sure did. kristina said you never want to fight the fed or all the central banks across the globe. oil prices are responding to a big move back up on the stock market. even signs of demand destruction, even though it has been historic may have not been as bad as we originally thought. there is a lot of talk about opec. they're the central bank of oil. they like to tell themselves that's what they are and there is a lot of rumors swirling around about a production cut. the meeting goes on the 5th and 6th. the rumor they will do a cut of million barrels. russia's lukoil says they're on
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board. we'll see. back to you. melissa: thank you. edward lawrence is at the white house where president trump is meeting with the nation's top pharmaceutical experts on the coronavirus. reporter: remarkable situation in the cabinet room. all the executives are around the table with the president. he is going around the room trying to see who could have a vaccine done first for the coronavirus. they're sort of fighting over each other how they can move the product faster than the other one. the president wanted to know time frames. pfizer says they could have one done by june. another one says they could have one done by august. then the head of infectious disease, nih, dr. anthony fauci, reminding the president it will be phase one trials. it will take year, year-and-a-half for a vaccine. one pharmaceuticals chimed in pushing back against him, wait a minute you're being cautious with this. we can do this faster. so you have all the
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pharmaceutical companies sitting around. in fact one of them, novivo says they're starting trials next month in china and south korea. they say they could have a vaccine a million doses by the end of the year. this is a remarkable scene going on inside of the cabinet room inside of the white house. the president is trying to see when these vaccines can get out and who can do it the fastest. >> amazing, edward. thank you for that. meanwhile the u.s. death toll from the coronavirus rising to six today with the number of confirmed coronavirus cases in the country rising to 91. fox news's dan springer is in seattle washington, a state where all u.s. coronavirus fatalities have happened so far. dan? reporter: melissa, this area really has been hit hard. the death toll jumped significantly today. there are now as you mentioned six deaths. keeping the way this virus has gone really worldwide, the people who have died all had
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underlying health issues at least those here in king county and of the six, five of the six were elderly in their 70s or in their 80s. we know four of the people, at least four came from a single nursing home. that facility, life care of kirkland is a quarantine zone with a team from the cdc monitoring as many as 50 residents and staff with some flu-like symptoms. today the king county, washington executive declared a state of emergency which frees up money to try to contain the spread. >> we have moved to a new stage in the fight to contain, mitigate and manage the outbreak. this morn we are in final negotiations to purchase a motel which we can, in which we can place patients who are in need of isolation and a place to recover. >> we are now starting to find more covid-19 cases in washington that appear to be acquired locally here in
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washington. we now know that the virus is actively spreading in some communities here in washington. reporter: one reason we're seeing more coronavirus cases they're doing much more testing. before this weekend they were only testing people who had traveled to china or other hot spots or had been in contact with people who had traveled. now three times a day a whole new batch of test results are being released. health officials are not encouraging schools to close or big public events to be canceled yet we know of at least 10 local schools that were closed today, including jackson high where a student tested positive on friday but is doing fine today. another school district will be closing all of their schools tomorrow so they can train the teachers on how to teach their classes remotely just in case this epidemic spreads and gets a lot worse. melissa. melissa: dan, thank you for that. let's bring in today's panel. adam lashinsky is fortune executive editor and also fox
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business contributor. doug flynn is from flynn zito capital management. doug, let me start with you, what is important in my mind as we look at the pattern of trading on the screen as we got negative headlines during the day about more deaths, more cases, we didn't see the market dip down into negative territory. did you notice that? do you think that is a big deal? >> that is a keen observation. there is old wall street saying that the stock market takes an escalator up and a elevator down. today we took a elevator back up, so it is very rare. it shrugged that off. the average drop during crises such as this in the past is 13%. that is essentially what we hit last week. so it doesn't surprise me. i was really interesting to see if we would go further down from there but this is a nice pop to the upside. melissa: adam, another thing made me think it might be over last friday, there was a lot of
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selling in gold and you don't see selling in the precious metals at the same time in the market in general. from one to the other. people maybe trying to cash out trying to cover losses and positions which would have been really bleak t could have been people say, okay, this is as high as gold is going on this one. what are your thoughts? >> i certainly have no opinion on a commodity on gold because i grew up believing that no one does but i think the activity we saw this week and the activity we saw today can be summarized saying uncertain continues cons to rein. people had no idea what the situation was when selling began last week. the only conviction, i came to the same one when i talked to my advisor over the weekend, this is buying opportunity. but no more sophisticated than that. melissa: did you really call the financial advisor over the weekend? you're such a smart guy, you
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don't need need advice. >> no. he is says i'm only guy that doesn't call but he did call me i think we should be buying. fine, do what you want. leave me alone. melissa: you're so right. i was thinking before, a let of people missed runup in apple first time around. when you see a big pull back, say to yourself that is my opportunity, takes another thing to have courage to act on it. stand about, we'll come back to you in a second. let me send it over to connell. connell: it is interesting, the perspective, melissa i would add being out on the road in north carolina, obviously people look at the market, how it snaps back today, that is a huge one-day snapback, but talking to people on the street you get the idea how this virus could have impact on, probably will have an impact on business by the way something people are already thinking and they are still talking a lot about. here is a quick listen. >> i have young children. i'm worried about them being out
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of school. how my wife and i who both work, are both professionals. how we're going to, if schools close for a month, like i heard in japan, their schools closed for a month, how will we deal with that? >> i'm 73. the critical thing, is your personal level of health. i've got gloves. i have sanitizers. connell: so it is getting a little bit more personal, guys. doug, speaking to you earlier, you have personal experience, maybe you can tell us about your son, i guess trying to study abroad, right? >> yeah. he was abroad in florence for the spring semester and he was actually on spring break. so he was out of italy for a bit. when he got the word, we didn't know what was happening and all breaking, he was due to fly back to florence yesterday. they said they were canceling the program. you know what? i will go to either vienna or
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london, stay with a friend, try to continue on. so we made another flight. then they raised italy to a level four. they were saying don't come here because you might not get out. so then yesterday he is like, i think i'm coming home. we had three different flights booked yesterday. part of my day yesterday was spent unraveling the myriad of flights and trying to navigate through this but we got him home yesterday. he basically converted to online classes from his house which he is not terribly happy about actually. connell: i'm sure he is not. that is interesting, adam, that kind of decision-making process, whatever happens in markets, whether they bottom out or snap book, whatever happens day-to-day will impact businesses. i was talking to people here, for example, who are pretty close to duke university, yet people coming in to do research yet they canceled their reservation the last minute. i'm sure where you are in silicon valley there is a lot of that happening? >> oh, yeah. i was listening to doug speak,
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this is a perfect case study in uneconomic activity if you will. he is chewing up a good part of day offer on sunday doing something fundamentally not contribute to the economy. doug's example of his sunday is perfect small example multiplied by millions. all for the past 24 hours, all i've been hearing about are people canceling meetings and canceling trips. my own calendar is getting very light. connell: it is interesting. so the economic impact will be there. market does day-to-day we'll see. we'll take 1300 points they're abouts be. adam, doug, appreciate it as always. we'll have much more as we continue from new york and in north carolina. i will be talking about the politics of main street in a few minutes. we have a live round table of local business owners in what is a key swing state in the presidential election. plus as i said much more from new york. melissa. melissa: the "countdown" is on.
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connell: tomorrow is super tuesday and voters here in north carolina and 13 earth states will participate in a democratic primary that has a little bit after different feel than it did just over 24 hours ago. we found out this afternoon the senator from minnesota, amy klobuchar was suspending her campaign, throwing her support behind former vice president joe biden. former south bend, indiana, mayor, pete buttigieg dropped out last night that leaves supporters of biden he can have the moderate lane all to himself, maybe set up a one-on-one matchup with bernie sanders. winston-salem pastor paul lowe is a state senator here in north carolina. he is the chairman of the legislature's black caucus. it is fair to say one of north carolina's best-known biden supporters. >> when it comes to the kind of politics we want to see, in terms of what needs to be done, you govern from the middle. you don't govern from the left.
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you don't govern from the right. you govern from the middle. that is what people see, and vice president biden. connell: biden hoping more people see that, not only in states like this one where 110 delegates are at stake but in the real big one tomorrow night which would be california and its 416 delegates. jonathan hunt live in los angeles with the latest on the race out west. jonathan? reporter: connell, those 416 delegates, that amounts to more than there have been all four states combined that have already voted for their democratic presidential preference. we have not seen a whole lot of campaigning in california. the one person who had significant presence here is senator bernie sanders. he held a pretty raucous rally
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in downtown l.a. several thousand turning out to see senator sanders. he clearly hopes he can capitalize main hope much the more progressive wing of the democratic party. the latest polls, including ones last friday from the "l.a. times" bear that out. he in that poll, had something like a 17 point lead over his nearest challenger, bernie sanders, was sitting at 34%. but what joe biden obviously hopes, is that the moderate wing may now coalesce around him. he and bernie sanders, have been exchanging a lot of barbs against each other in recent weeks. but at the campaign rallies at least are focusing their fire on president trump. >> the days of donald trump's divisiveness have to come to an end. >> with your help we're going to
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win the democratic nomination. [cheering] and with your help, we are going to defeat the most dangerous president in the modern history of america. [cheering] reporter: of course it is not just about senator sanders and joe biden. mike bloomberg has spent millions, upon millions of dollars here. hopes he will do well as well. and elizabeth warren also aiming for the progressive wing vote. connell? connell: jonathan, thank you. jonathan hunt live for us in los angeles. melissa. >> bracing for super tuesday. house democrats are plotting a path forward with bernie sanders as party potential nominee according to a "politico" report. democrats are working to craft a version of his platform that has a bit less socialism but it is still something they can present to their own voters even in swing districts. here to discuss is dan henninger
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from "the wall street journal." he is also a fox news contributor. that is one way to do it. the other thing i heard from so many democrats over the weekened, yeah, i can still get behind bernie because the congress will be a check on him. he is not really going to put all these things into play, it is still better than trump. i had to say, he will be executive order president, he will ban fracking out of the gate. what do you think? >> i'm coming to the same view myself. i don't think bernie cares all that much about the democratic party. i do agree. i think he would rule through executive orders. obama did that. donald trump has done it to a great extent. that is the route bernie would be taking. at the same time, i find it kind of amusing that the democrats are basically arguing that they would provide divided government. in other words they would be a brake on bernie sanders? normally republicans who end up or the opposition party anyway who provides divided government.
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if democrats start talking this way, having socialism light, you can bet the republicans will run straight at that should bernie be the nominee and say, we, a real opposition party would be the brake on born bierne. melissa: because what is so interesting about that, it comes down to a real idealogical batter, what is better for working people, even poor people? is it this idea of socialism or is it democracy? you look at bernie sanders. so he wants to ban fracking. who does that hurt? not rich people. that hurts hurts working-class people, low income people that have to spend money on energy a low part of their budget. they are working in the industry. that is like the paper bag nonsense, the plastic bag thing here in new york where they ban plastic bags. who does that hurt in the name of the environment? poor people. i don't care if you charge me dollar for a bag, or charge me for a plastic bag. it hurts people who have the
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least to spend. what are your thoughts? >> you're describing somewhat of a distinction between the moderate democrats and socialist democrats represented by bernie sanders. the regular democratic party basically has always said we can get things done. we will pass legislation, policies, that help the poor. it will undoubtedly involve more spending than republicans would ever support but they say, at the margin they get these things done. whereas bernie sanders is talking about transforming the u.s. health care system, "medicare for all," and a lot of other free things which suggesting blue-collar workers probably don't see how it is going to happen. melissa: dan, we have to break in. blake burman has a fox news alert following president trump's meeting at the white house with the meeting with pharmaceutical leaders. reporter: i was in the cabinet room with president trump. members of the task force and eight or nine, leaders and ceos of largest pharmaceutical
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companies. i believe you will get a portion of the tape, with took place as president going around the table, engage with the biggest players in the game, johns and johns. pfizer, you name it, they were there, wondering when a vaccine can be ready? the bottom line of the discussion in the room was, all of these companies saying we're going to work together. we have got clinical trials at different stages. at some point here, hopefully, some of the them even said by the summer maybe they can produce treatments though believed that a vaccine is still most likely a year away. then we got to the question and answer session with the president. the president was asked, i asked him, for example, whether or not the federal reserve should convene an emergency meeting to potentially take up a rate cut? the president said, ask him tomorrow. he wants to see how other things play out. he also told me that he thinks the fed should have had a meeting already. he was also asked whether or not there needed to be some sort of
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economic stimulus as elizabeth warren, the democratic presidential candidate and senator said today? he didn't necessarily make that seem to be the case you might be hearing the president. one last thing, melissa. go for it. >> technology companies, biggest in the world. most prestigious, get down to the bottom line quickly to discuss how the federal government can accelerate the development of vaccines and therapeutic treatments for the coronavirus. we want to welcome dr. debra burke. dr. burkes birx has been to the white house. she will work with mike pence and everybody full time. we appreciate it. we appreciate it very much, dr. birx. a real expert in her field. if you like you could ask her a couple questions when we're finished. we worked, we're working very hard to expedite the longer process of developing a vaccine.
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we're move with maximum speed to develop therapies so that we can help people recover as quickly as possible. we have a lot of recoveries going on. we want to see if we can advance. likely therapies will be available before a vaccine is ready. we'll seek to bring all effective treatments to market as soon as possible. very good work has been done, however, they have good progress. you can ask a couple questions of folks here. we're working with congress to assure america has what we need to respond to this challenge. this great challenge. but everybody's responding very well. since the start of the outbreak my administration has taken the most aggressive action in history to protect our citizens, including closing our borders very early, a lot earlier than people wanted us to do. that turned out to be a good decision. i ordered sweeping travel restrictions, increased travel advisory levels, established screening measures and imposed
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historic quarantines. we have quarantines all over the country. a lot of the coronavirus shows the importance of bringing manufacturing back to america so that we are producing at home, the medicines and equipment and everything else that we need to protect the public's health. and i have been talking about this for a long time. that process already started t started long before we ever knew about this. we want to make certain things at home. we want to be doing our manufacturing at home. it is not only done in china but it is done in many other places including ireland. a lot of places make our different drugs and things we need so badly. it is not good to be dealing with one or two or three countries. we do very little at home. we're going to start doing it at home. we've been talking a long time. drug companies what we've done in terms of incentives or taxes
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they're heading back here anyway. the coronavirus shows the importance of bringing all of that manufacturing back to america and we will have that started. it is already started frankly. it started about a year ago. the white house coronavirus task force, led, meeting closely coordinated with state and local governments. mike had a call with 53 governors. i heard it was a very good call. it was very good call. everybody is well-coordinated. they have been working closely with us. it has been a very good relationship. we will confront this challenge together. we will continue to do exactly what we're doing. we're going to be very successful. a lot of things are happening. a lot of very exciting things are happening, they're happening very rapidly. with that i like to introduce mike. you can say a little bit as to
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your calls and some of the things that are happening today. >> thank you, mr. president, and the white house corona task force will be meeting again this afternoon. but as you mentioned earlier today, your direction, we hosted a video and telephone conference call with 53 governors. as the president said many times we're all in this together. today's meeting, it is a reflection of the fact that this president understands that industry is a part of the one team in america that is going to address the coronavirus in this country. i'm grateful for leaders of top pharmaceutical companies to speak to us about the development of vaccines and development of therapeutic medications that can be available in the short term. and we're grateful for your participation. the president will also be traveling tomorrow to the national institute of health. cdc before the week is out. and we will be meeting with
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leaders of the airline industry. we'll be meeting with leaders of the cruise line industry. and we welcome the partnership with industry in this country as we, as we work out the president's top priority, which is the health and safety and well being of the american people. let me also, mr. president, extend my welcome to dr. debra birx, one much the leading experts in infectious diseases in the world. she served in the uniform of the united states. she served in multiple administrations. she will be our right arm here as we implement at your vision for putting the health and safety and well being of the american people first. so, with that, mr. president. i know secretary azar has a few thoughts and look forward to the meeting. >> alex, maybe you can give a little update. we'll go around the room and people can introduce themselves. if that is okay. >> thank you, mr. president and
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mr. vice president. melissa: we don't want to hear from secretary azar here? all right. we just heard from the president and the vice president right now. they're in with pharmaceutical makers. they're in the cabinet room. the most important points they will go over right nows as well hearing from them, there are numerous companies in different stages of the trials for vaccines. they're going to work together, and compare notes and get this done as quickly as possible. they're also saying that they have had some luck with treatments. that is what some of these pharmaceutical makers said they have had success with some treatments and they will have some things that are going to be available this is one of the things that the president mentioned a while ago was a possibility. he was derided saying that is not possible. now you have these folks together saying they're coming together as an industry and they're sharing their different progress so far, we will be seeing more results from this. so that is all good news. we will monitor the rest of
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this, bring you any breaking news as it happens. meantime, connell, i will send it over to you. connell: seemed like, melissa, from the reaction we had at the close of the markets all of this was seen as reassuring to investors. we'll use that to talk a little bit about the economy of the country but also of the swing state where we're broadcasting from today, north carolina. like many other areas. it has been doing, relatively well before we all started to talk about this coronavirus. the unemployment rate in the state has been steadily declining t was 3.7% at the most recent reading we have. that is a good spot to be. just a little bit above the national average. but north carolina ranks 7th in the country in year-over-year jobs growth. there is a good story to tell. beyond the numbers, you get a economic picture one of transformation over time, right? health care, research, retail jobs, replacing kind of an old school reliance on the tobacco industry in this area. as an example we look at the way things have changed at this
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hotel where we're broadcasting from today. it is called unscripted as i mentioned earlier in the show. it is one of the real hot spots here in during ram. like the city, it has a comeback story. it used to be called the jacktar motel. in the '60s, it was located on this site. it had high flying days. then the economy turned south. there were tough times. literally squatters moved in. a few years ago it was rebuilt and redesigned. it was brought back to life. we're here to the developer of the unscripted hole tell to talk about the economy. and two other people on the panel. i said i would say that right, the ceo of durham distillerly. it was voted top distellerly in the whole country. >> that is right. connell: ray carrie, archive
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social, provides social media software to local governments, archiving what we do forever on social media. we love doing these panels. to come to swing states for the local economy. how might impact the election in the fall. jack, start with what we heard from the president on the virus. speaking to people around here in this business, in the hotel business, it is having an impact, they get a hold on it pretty soon. what are you seeing in terms of people coming in or canceling when they wanted to come in. >> we're like everyone else watching it very closely, especially with the hotel business. thus far we're not seeing a huge impact on our business but that is not to say, you know, we're going to be ready for it, we'll be watching it. we have, like you mentioned before, duke being close, we have a lot of business from duke but we haven't seen that change yet but we'll be watching it, staying on top of it. connell: melissa, anything in your line of work you are worried about? >> it is about mitigating risk and it is about keeping safety
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of our community and of course of our team members. my husband is over 20 years a pharmaceutical chemist i think there is lot of fantastic minds working on this issue. research triangle park is the backyard. a lot of pharmaceutical grade minds locally. we're working very hard. connell: really good point. thinking about it with jack many are here. >> there is information an misinformation. how do you know who to trust? the great things public institutions are subject to freedom of information laws. they stand out as different from the rest of sort of the social media, twitter sphere and facebook. we help them do that in comb ply ant way.
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so you know which, which streams can you trust. which ones are real, coming from the city, the cdc, the municipalities federal government, versus whatever. tell people what you do? >> we work with 2500 federal agencies. local municipalities, school districts to use social media. they want to talk to their cone sit wednesday where their constituent live. increasingly they live in social media. if you want to talk to folks. people are picking up the phone want to talk to their government official. wait on hold for five minutes. they are not making anymore of those people. everyone wants quick information with social media. there is the gap where social media is not built for public information laws. we built a business to fill that gap. connell: talk how the business fits into the area. i think of research. that is in science as melissa was talking about a moment ago. you guys come in, zach, you redo
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this hotel. this is almost symbolic of resurgence in the area and tell us about the process economy is here. forget about the virus. >> last four or five years, we've seen tremendous growth in downtown durham, downtown durham specifically where we've been doing our work. we're proud of this hotel. it is a cool vibe. invites all of durham to come in and hang out. connell: things economically on local basis growing here? shoe, a absolutely. >> this project next store we built a 27-story high-rise. we're looking for more projects and working on the next one but we believe the next five years could be exponential. connell: what do you see melissa in the own business, you're expanding worried about the future? we're here to cover super
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tuesday so everything becomes political but that is the backdrop many times for the election especially with a state that has been close in the past. >> craft beer community has been growing exponentially since 2015 there are over 2100 distilleries in the united states. there are about 60 operating. if you look in the local community, it is about tourism. people coming in to be a part of their community and being welcome spaces. for us it has been fantastic. it has been phenomenal since 2015 when we launched. we're eight states and growing to incremental five. we're seeing there is such opportunity as we continue to really expand. connell: you're expanding. >> knowledge of durham and the phenomenal community. connell: we're looking at it now, with the democratic race tomorrow, but whether the president can be challenged. he will be in charlotte tonight for a strong economy. we don't know what will happen to the virus. to the point we made earlier, that could have impact on
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economic outlook and growth, everything else. an incumbent president is tough to beat in a strong economy. do we have one here in your business? >> in our business it is a function of growth of social media which is a good bit to grow on. it has been for the past several years. we've been growing like a weed. biggest issue find people to hire. connell: that is what i hear. >> we've grown four x last few years. we're hiring here in durham. we opened up a office in raleigh. just 30 miles away, but really micro markets you have to be in all of them to find great people. connell: one of the good problems to v thanks to all three of you. good cross-section of local economy in north carolina. we appreciate it very much. as we continue here in the state of north carolina, it is a game changing electorate. leading candidates promising to attract a new wave of voters but can they do it? we'll speak in a moment with a group of young people, college students. plus more from new york.
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melissa. melissa: we want, for everybody who is complaining at us that meeting that you saw with the president goes on for an hour. we'll pick out the best bits of that, we'll give it to you. at the same time he is talking to reporters on the south lawn. we're going to bring you that as soon as it happens as well. also, presidential race of historic proportion. one candidate is massively outspending the rest of the field in a crucial super tuesday state. more comments from president trump. we'll bring all of that just as soon as we individual. we'll be right back. ♪. ♪ ♪
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♪. melissa: we're waiting more comment from the president. mean time the new report shows disparities in spending among 2020 democrats in the runup to super tuesday. former vice president joe biden as campaign buying only $4,000 worth of digital ads in california while mike bloomberg has spent $78 million on ads in that state alone. front runner bernie sanders dropping seven million in california and more than 15 million across all super tuesday states. here now is tom bevin, "real clear politics" president. i mean i have to ask you because you're the master of the polls, i want to know, did mike bloomberg get his money's worth? to think of that disparity, 4,000 is digital spending and 78 million is all ad spending but still the disparity is staggering.
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>> it is staggering and while it did get him to a certain level in the conversation nationally, in some of these states he is not -- california where you mentioned he spent close to $100 million he is at 13% which is not even at the viability threshold statewide. now he might reach viability in some congressional districts but he is at 17% in texas, which is the other big prize on super tuesday. in third place also north carolina. he has gotten into the mix but still hasn't gotten to the point where all that spending will not guarranty amount of delegates on super tuesday. melissa: we see the democrat side of the field collapsed. they fell into line. you had amy klobuchar and mayor pete say they are both getting out of the moderate lane and ostensibly look to the outside like this was pressure from the democrat party to coalesce behind one dan date who might be -- candidate who might go up
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against bernie sanders, that would be joe biden. statistically are you seeing a boost he needs for joe biden? >> he got a boost in one poll we've seen after south carolina a national poll but we haven't seen any polls because they're so close together. it is hard to measure what exactly he will get. obviously buttigieg and klobuchar getting out are helpful to biden. if you go across super tuesday states, 13 to 18% of voters have to go somewhere. melissa: hang on one second. we have breaking news. president trump is speaking to reporters. less's listen. >> we've already been at it. i've been speaking to them for three weeks. we'll see what happens. i will see you in north carolina reporter: [inaudible] >> no, i'm going probably over the next 90 days. i'm so busy i can't do it.
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reporter: [inaudible]. >> walter reed, probably. we do a physical every year. reporter: democratic race, endorsement -- >> i think it is rigged against bernie. maybe he would pull it through. it was rigged against me four years ago i pulled it through. it is rigged against bernie. you see what is happening klobuchar, something happened there, and -- reporter: do you think that will change? >> buttigieg just went out and said something. probably they will say, hey look, if i win i will put you in the administration. that is called quid pro quo, right? quid pro quo. they probably said, hey, listen, if i win i will give you an endorsement but will you take me in the administration? i'm sure nothing like that has ever happened, right? but that is the way it seems to go. it is rigged against bernie no question about it. sounds like a little bit unfair. i will see you in north carolina.
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[reporters shouting questions] melissa: that was all the comments from the president. first he was talking about how he has been talking to various companies, pharmaceutical makers. that was the big news of the last hour and why we saw the market go up. saying he has been talking to them for three weeks. a number of countries are at different stages of the vaccine. they will work together to come up with a vaccine. they're also making progress on therapeutics helping those who contracted the virus. that is important. adding on about the primary, saying about the two folks who got out of the race, amy klobuchar and also mayor pete, saying it quid quote pro. they will get something in exchange for getting out. we see the humor there. more from north carolina after the break. we'll be right back.
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i dress how i feel. yesterday i felt bold with boundless energy. this morning i woke up calm and unbreakable. tomorrow? who knows. age is just an illusion. how you show up for the world, that's what's real. what's your idea? i put it out there with a godaddy website. make the world you want. connell: we're back in north carolina. we have been hearing from voters on the issues this that are important to them, they bring up anything in north carolina research try an told medicare for all triangle to medicare for all. then you go to another big super tuesday state, you hear about other issues, texas, for example leads nation in energy
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production. you know they really rely on that industry for a lot of jobs. no better place when you want to learn about energy in texas than midland. that is are milliary vaughn is this afternoon. reporter: 2020 democrats like bernie sanders and elizabeth warren support the green new deal that would put thousands of people here out of work, we came to texas to ask voters what they think. >> from cooking 4 biscuits a -- briskets a day to 40. >> codiy is sandwiched in heart of oil rich basin and serves up brisket, ribs and sausage, texas style. >> low, and slow and juicy and tender. reporter: this is where oil workers come to fuel up. >> they order 15 to 30 plates at a tile.
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reporter: since 2017 more and more rigs are popping up. that means more business mopping in. >> i am an american first if donald trump is doing good for this area, that who i will go for, i need to take care of my family, i would rather be here than food stamps. >> he is a democrat but he is not on board with what some democrats are putting on the table, the deal like green new deal does not sit well. >> these people would go away, they don't seem to care about how it would affect us. >> i hate it. not a good idea, for the business thi that area, we're al oil fields here, it how would it a lot of people out of the work. reporter: they say people in washington are out of touch with what people in texas want. >> the decisions they make
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trickle down to us, we're supposed to be constituents for democrats this is a democratic county, they need to be watching out for us. reporter: israel has beef with policies like the green new deal that would ramp up regulation on oil and agriculture. his business would be hit twice as hard. >> i'm all forever green energy and good with what pays the bills this pays the bills. reporter: connell, a new poll out of houston shows 60% of democrats there would not support the green new deal. connell. connell: thank you. hillary vaughn, that is a big state we'll, watching, so it swing state of north carolina, looking at results of the last 3 president at elections, barack obama did win here in 2008 but
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just by a single point, then the state turned red, obama ran for reelectortion in 2012, he won the race but lost north carolina to bi mitt romney, and president trump kept it in the red in 2016. since that electiontion, a group carolina demography said one -- new voters have registered in the state, not affiliated with a political party, and 61% under the agent was 30, a -- age of 30, we have a couple of voters with us right now, we have one republican and one democrat, they are student at wake forest university. president of college republicans at wake, we also have samantha. president of the college democrats. we're not fighting it out here
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on stage. >> right. connell: probably more tense by fact we're too close to duke. >> true. connell: tell me about democrat you support in this race,y were talking about joe biden and whether he is ride momentum to north carolina. >> i ame i am a biden supportere need to be focused on beating trump, and i believe biden has the potential to bring in mod -- moderate republicans and those demographics. connell: looking at maybe from outside, how republican perspective of that. in south carolina. vice president hung in there you how do you look at race ono democratic side as a republican. >> i was not surprised, that biden won in south carolina, he was there right after church shooting in 2015 and has proven
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himself to the state multiple times, i am looking at bloomberg really closely, i could him being a former republican -- connell: you are not necessarily a president trump supporter. >> i am partly undecided, i am looking forward to getting to know democratic candidates better and follow president more. connell: how do you think this would play out after this young people they seem they are for bernie. >> they do, but i think young people also smart, and sensible, i tell you -- connell: what does that mean. all stuff he talks about is not necessarily smart and sensible. >> not necessarily but come in november, we need to do what we can to beat donald trump, regardless of who you support in primary we'll support democratic nom. connell: thank you. >> thank you. connell: all right with that melissa we're -- some day.
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we're on the way to charlotte we'll see you there tomorrow. melissa: biggest point gain on the dow ever, a lot of news, that it is for us, "bulls and bears" starts right now. >> welcome to "bulls and bears," i am capri ca -- caforio in for david asman. major indices all notching their best one-day point gain on a record at the close. president is just meeting with pharmaceutical k4u67s and compad coronavirus task force to discuss timelines for vaccines to combat the deadly virus. >> president trump is now on his way to a rally in charlotte, north carolina, as vice president pence gets set to brief

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