Skip to main content

tv   After the Bell  FOX Business  May 27, 2020 4:00pm-5:00pm EDT

4:00 pm
as a consumer streaming media have the extra step having an extra app to open for hbo related context i -- reporter: closing bell rings] liz: got it. norm conley. there we have it. very much at the highs of the session. huge jump for the dow. up 551 points. stay tuned "after the bell" will be all over the spacex launch. melissa: 33 minutes to lift i don't-off. we're back above 25,000. second straight day closing above the 25,000 milestone for the first time in more than two months as a historic mission is about to launch at cape canaveral. how exciting. i'm melissa francis. connell: i'm connell mcshane. welcome, everybody, to "after the bell." it is an exciting hour we have ahead, if the weather cooperates in the state of florida. as for the stock market as melissa said, good day.
4:01 pm
the s&p and nasdaq shaking off earlier losses closing near the highs of the day. there is optimism out there about a economic recovery and also about hopes for a vaccine. so, optimistic day. we will get to the launch. we'll spend a lot of the hour on it. first fox business team coverage of our top stories. lauren simonetti on the markets for us, blake burman in washington who has the latest for the president who is in florida for the launch and kristina partsinevelos joins us with news on disney. we start, blake, with you. reporter: connell, melissa, speaking of that launch who wouldn't want a front row seat to it. exactly where president trump and first lady, the vice president, section lady are right now in florida in advance of what we are expecting to be the historic launch about 31, 32 minutes from now at the kennedy space center. president trump taking a tour there. he was asked what his message is for those two astronauts who will be aboard the spacex rocket going up to the international space station. he called them the best in the
4:02 pm
business. so the west wing pretty well-represented in florida right now. speaking of the west wing, there was a pretty big meeting in the oval office earlier today with president trump and new york's democratic governor andrew cuomo saying after that meeting that it was a very apolitical conversation between himself and the president and focused on how to jump-start the economies within new york, including potential infrastructure needs for laguardia airport. watch here. >> it was about what, how do we supercharge the reopening especially in new york which has been hardest hit. if he gives us a green light, it will not be years of discussion. i have a shovel in the trunk of my car. we'll start this afternoon, right? so it was a good discussion. he understood when we were talking about, understood what we need. reporter: right before that, trump administration put china
4:03 pm
on notice for its potential crackdown of hong kong. secretary of state mike pompeo informing congress of china's action. no reasonable person can assert today that hong kong maintain as high degrief autonomy from china given the facts on the ground. potential implications could be hong kong's trade and economic status with the u.s. going forward. back to you. connell: all right, blake, thank you. next up lauren simonetti with more on the day on wall street with the dow closing higher by more than 550 points. lauren? >> yeah. up more than 500 points, connell for the second day in a row here. despite tensions with chinas the rotation continues on wall street out of those high flying tech names, the momentum stocks, into the more economically sensitive sectors. so the dow up 553. it is above 25,000 at the close for the first time since march 10th, a psychological level. the s&p 500 also closing above 3,000 for the first time since
4:04 pm
march 5th. nasdaq has been down almost 200 points. gaining 72 in the end. is was a pretty broad rally. financials in the drivers seat today. that sector up 4 plus percent. if you look at leadership on the dow, american express, goldman sachs, jpmorgan chase with nice gains. retailers led the s&p 500. when was the last time we said that? take a look at nordstrom, gap, coles, up nicely for the week. leaving nasdaq, american airlines, the ceo said bankruptcy is not an option. american up 7 1/2% today. the cruise lines higher, restaurants, hotels, over travel type stocks spiking as more consumers get out and about opening their wallets a little more wider that getting out and about put a dent in the stay at home rally. netflix at a record high may 15th. every single day since then it
4:05 pm
had been down. with the big rally at end of the day, nasdaq closing higher by 1.25%. zoom, peloton, shopify all down. pandemic winners losing ground. not all good news, guys, biotechs falling despite positive signs of a vaccine for coronavirus. moderna sharply down two days in a row. investors optimistic about the economy opening up. they're brushing aside tensions with china and even a read we got from the federal reserve on economic activity across most regions of the country. way down, high unemployment. slower economic activity, even oil fell today on rumors that russia might not extend those production cuts. but all-in, very positive today. connell, melissa. connell: lauren, thank you. we will take it certainly. lauren simonetti. melissa? melissa: more big news out of florida. disney is setting a date. the most magical place on earth
4:06 pm
unveiling plans for phased reopening of its florida parks. let's go to kristina partsinevelos for details on this one. reporter: melissa, the magic is coming back this summer. you had seaworld as well as disney present their reopening plans to a florida team and they got the green light. seaworld set to open june 11th. disney opening the magic kingdom on july 11th. a little later because of renovations. they promise they will keep, quote, as magical as possible but there is going to be a new norm out there. that means you will have to wear masks inside all theme parks regardless of the weather. there will be temperature checks. there will be social distancing. seaworld said you will have to sanitize your hands before and after you get on a ride. as for the disney parks, you have animal kingdom as well as the magic kingdom set to open on july 11th. epcot as well as hollywood studios set to open on july 15th. these reopenings come with a lot
4:07 pm
of sacrifices. listen in. >> we will temporarily suspend parades, fireworks and other events that create crowds. reporter: there are a list, so that literally means there will be no playgrounds for children, no massive parades for the time-being, no fireworks, anything that could create a crowd. there will be plexiglass at points of sales. they're really going to push for you not to be using cash as well. one of the things that stood out on the call, they were both asked about the recourse for people that choose not to wear a mask in the park. we really didn't get an answer from either theme park. disney saying they have strong language on their signs and they're working on relaxation zones where people could possibly take off the mask. then you had seaworld that says, they have plenty of signage. you have a situation though where there seems to be a light at the end of the tunnel but plenty of these theme parks are warning enter at your own risk. that warning comes from
4:08 pm
universal. they're is the to open on june fifth. all these guys opening in the summer. guess the magic comes back. depends if people show up. back to you. melissa: no meet-and-greet, no parades. i like sound of that. kristina, thank you. connell. connell: let's move on to the story, melissa we hope to spend the rest of the hour covering, and that is the launch of this historic first manned mission from nasa working with together with the company spacex, elon musk's company. now it is 4:08 on the east coast. the launch is supposed to happen at 4:33. as we bring in phil keating in cape canaveral. the big question all day long, would the weather cooperate with that time frame? phil, how are we looking? reporter: well, we're looking so far this mission has not been scrubbed. so all systems a go right now. depends on the weather right at time of launch which according to the countdown launch here is 24 minutes and 55 seconds away. everybody is very excited. it is really reminiscent of
4:09 pm
those space shuttle launch days with the astronauts leaving the crew quarters and waving to the crowd saying good-bye to their families for one last time for a while. these two gentlemen, the astronauts, bob behnken and doug hurley are supposed to launch at 4:33 eastern and get to the space station roughly 19 hours after that. that would be roughly 11:00 a.m. tomorrow morning where they dock with the hatch. they would climb into the space station and welcomed by the residents currently up there. they will live up there, help out, do research from one to four months before get being back into the capsule, coming back to earth and splashing down in the atlantic off the state of florida. spacex, this is triumphant day if this launch happens t has been a decade in the making really for elon musk and his team. they are very excited. the first time a private space company with its own rocket and capsule is actually going to
4:10 pm
launch humannings in that case astronauts, from earth. >> space. always has been a government body or country's space agency doing this this really opens up the future here what is going to be possible decades from now. private space companies taking up people from all kinds of countries. they could be actual astronauts or cosmonauts. they could be actually just regular citizens who can afford the pay the flight fee. it is a big day, triumphant day if it all happens for the spacex team. nasa is extremely excited. they're really excited as well about the transition in the past decades to go from government only, nasa only to now partnering with private space companies and nasa actually is the paying customer. and so this capsule on launchpad 39a, the crew dragon, as only flown into space once before. that was in january of last year. that was its first test flight. it went up empty of humans.
4:11 pm
it did have the mannequin, space mannequin ripley with all sensors all over it. the man can kin made to -- mannequin made it to the space station perfectly. hurley and behnken are lucky astronauts they debut the maiden voyage of the crew dragon up to the space station. connell? connell: phil, we're opening we get this. watching throughout the hour. phil keating at cape canaveral. good to see you. melissa: getting ready for history. my personal space expert had a few very pressing questions for famed astrophysicist neil degrasse tyson. take a listen. >> dr. tyson, my first question is, do you think the mission will be successful? >> hey, thompson, good to see you again. i think it will be. part of, part of doing the frontier of research be it
4:12 pm
technological or scientific is that you test things and, goodness knows spacex tested their spaceships. it is never without risk. you know risk, we accept so many risks in life with just crossing the street or getting in a car, so it has risks. the astronauts know that risk. that's what's important here. so, anyhow i look forward to a safe trip to the space station. >> my second question is, if the mission is successful how much of a way will it pave towards a mission to mars? >> great question. but it turns out that a ship that gets you into orbit and only that is not the same ship that gets you to orbit and then to another destination, be it to moon, mars, beyond and bring you back. very different needs for the space vessel.
4:13 pm
and your life-support and the supplies you're taking and all the rest. so this alone doesn't say today, commercial voyage to space station. tomorrow mars, no. however, what it does do is remind people what role industry can play in the goals that might be performed by a country. but i think the first anybody to get to mars is for geopolitical reasons. it is not going to be some entrepreneur that says i want to go to mars, be the first one there, then make money doing so. all right? i don't see that happening. but, i can see geopolitical reasons for doing it and then the country says, we need and want to go to mars, we don't have a spaceship. spacex does. ♪. - i'm norm. - i'm szasz. [norm] and we live in columbia, missouri.
4:14 pm
we do consulting, but we also write. [szasz] we take care of ourselves constantly; it's important. we walk three to five times a week, a couple miles at a time. - we've both been taking prevagen for a little more than 11 years now. after about 30 days of taking it, we noticed clarity that we didn't notice before. - it's still helping me. i still notice a difference. prevagen. healthier brain. better life. from anyone else. so why accept it from your allergy pills? flonase relieves your worst symptoms which most pills don't. get all-in-one allergy relief for 24 hours, with flonase.
4:15 pm
4:16 pm
staying connected your way you're just a tap away from personalized support on xfinity.com. get faster internet speeds with a click. order xfi pods to your home in a snap. or change your xfinity services with just a touch. all in one place. you're only seconds away from all of that on xfinity.com. faster than a call. easy as a tap. now that's simple, easy, awesome.
4:17 pm
and now for their service to the community, we present limu emu & doug with this key to the city. [ applause ] it's an honor to tell you that liberty mutual customizes your car insurance so you only pay for what you need. and now we need to get back to work. [ applause and band playing ] only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ melissa: minutes away from the historic space p launch. with us is michio keku, who is theoretical physicist. i'm a huge fan for a long time. let me ask you about this
4:18 pm
launch. first of all the falcon must leave the ground at a very precise time in order to link up with the international space station. why is that, how does that work? >> well we have something called celestial mechanics we learned in college. we know the rate at which the earth spins and we know the trajectory of the ininternational space station. so we have to put the two together. then if we miss, we're in deep trouble because we only have a certain amount of rocket fuel to make, to compensate for miscalculation. so everything has to be done by clock work, using newton's laws of gravity. melissa: you're not inspiring a lot of confidence here in me. sounds like it will be difficult for them to do this. i imagine they have got the whole thing locked down? >> that's right. even beforehand, everything has been done -- melissa: speaking of which. hang on one second. we are just hearing that the launch was scrubbed. it is so appropriate, sir, we
4:19 pm
would be talking about this very thing and they just essentially pulled the football and said it is not going to happen. why do you think that would have occurred? what are the reasons? weather, what else do you think? >> there are some unknowns that could happen. for example, a leak. if there is a leak in a pump or one of the gauges doesn't work, there is some moving parts can go wrong, including of course the weather. the spaceship is going through the atmosphere for a few minutes but the turbulence of the air could set it off course, in which case it will miss its docking point in outer space. so any number of things can go wrong. melissa: of course this doesn't mean that this mission is a failure. we've seen some times when the launch has been scrubbed and then it goes on another day. whats watt likelihood they were going to make it work on the very first try in your mine? >> well, it was always 50/50.
4:20 pm
they have been looking at the weather report. and remember the weather cannot be predicted with computer accuracy. even with our supercomputers, we've never been able to get the wind currents, the weather patterns down precisely. that is potential game changer in any of this. that is factored into this project. they already have plan b. plan b is already worked out in case plan a didn't work. melissa: why is it that supercomputers have never been able to tell us what will happen with the weather? >> when you see the weather report going out to seven days, realize that that is just a guess. after the first two days, the weather can literally spin out of control. so the computers can only go so far. the reason for that is turbulence. turbulence is very hard to predict. you have to use what is called chaos theory around it is
4:21 pm
consequence using certain newtonian laws of air flow. simply not enough. so even with our souter computers we can't predict the weather beyond a few days. sorry about that. melissa: what does it mean there is a private company and you have spacex the ones in the control room, who are at the buttons this time instead of nasa? what does that mean to the field of science and everything else? >> it is a lot. when the history of space program is written this will be a new chapter, commercialization of outer space. one day mom and dad can go in orbit around the planet earth. this can open up the heavens because the cost of space travel could drop. it costs $10,000 to put a pound of anything into orbit around the earth. that is your weight in gold. think of your body made out of solid gold. that is what it costs to put you in orbit.
4:22 pm
with the commercialization of space travel that could be cut by factor of two, maybe a factor of five, opening up the heavens for mom and dad. melissa: thank you so much for joining us. can i bring my quantum physicist by to meet with you? he is 13. i don't want to impose and ask you on live television, what do you think? >> that is a great age. it is around 13 when we have a lot of quantum physicists being born. interview my friends, yeah it was around, 10, 11, 12, 13. that is when i said to myself i want to become a quantum physicist. melissa: you made my day. thank you so much. have a wonderful day, thank you. connell? connell: yeah. 13. i knew i missed my mark somewhere. i guess it was years ago. just a few other notes to add from the launch being scrubbed. john roberts, fox's chief white house correspondent reporting that the liquid oxygen
4:23 pm
on the booster rocket, the weather wasn't good enough to load that on. looking at the timetable we were given from nasa, there were two loading stages of liquid oxygen. one at 3:58 eastern, right before we came on the air. the other moments ago at 4:00 p.m. eastern. as melissa made the point if you don't hit the remarks they don't hit go. john's reporting if they had another 15 minutes they probably could pull this off. they had to go at 4:33 eastern time exactly. with the international space station moving across the earth at 17,000 miles an hour, if the two meet up, with that weather not cooperating, they called it off because they couldn't get the liquid oxygen loaded on in time. i guess giving it another shot on saturday. we'll continue to cover as we continue on "after the bell" including new insight being used
4:24 pm
on this effort, after the launch takes place hopefully on saturday. okay... okay! safe drivers save 40%!!! guys! guys! check it out. safe drivers save 40%!!! safe drivers save 40%! safe drivers save 40%!!! that's safe drivers save 40%. it is, that's safe drivers save 40%. - he's right there. - it's him! he's here. he's right here. - hi! - hi. hey! - that's totally him. - it's him! that's totally the guy. safe drivers do save 40%. click or call for a quote today.
4:25 pm
4:26 pm
4:27 pm
4:28 pm
melissa: okay, so in case you're just tuning in today's spacex launch scrubbed today until saturday. we have the space.com associate editor. andy allen, aerodyne ceo and former nasa astronaut. brett larson "fox news headlines 24/7" anchor. let me start with you, what does it mean it is scrubbed until saturday? it means more time for us to memorize nerdy facts and watch. what do you think? >> exactly. i think it means we get to have the fun all over again. if it is scrubbed saturday we'll have the fun third time on sunday. it is kind of a bummer though. a whole ordeal, president trump, mike pence, they came down to
4:29 pm
watch the launch. kelly clarkson sank the national anthem earlier on nasa tv. i wonder how much of the national fanfare will continue as the launch moves down. melissa: i guess they can reblack the tape. andy, what do you make of the facts they pulled this. obviously it is a pretty common occurrence when it comes to something so precise as trying to launch a rocket to meet up with the international space station? >> well it is very true. kind of a bummer for the astronauts and families that come down to visit the astronauts. there is a few things than a astronaut likes less that unstrap after being strapped in but we don't have yet the exact science of figuring out and predicting mother nature or acts of god. it is just one of those things that happens. melissa: brett, wasn't that interesting, i don't know if you heard in the last block, this idea we can calculate all of
4:30 pm
these things but we can't predict with precision the weather. we heard our theoretical physicist blame it on chaos. >> which i loved by the way. i missed that window as well as connell did at 13 to become an astro physicist which is a shame because it always interested me but it is kind of a fascinating thing to think about it, we can literally bring a man on moon and bring him back but we can't predict the weather down to the minute. it is unfortunate we missed this opportunity today but this is not out of the realm for getting people into space. we saw this way back in the 1960s, those poor astronauts going to the moon, had to watch rockets some of which never left the launchpad which blew up or went up three feet and came crashing down. it is always better to err on the side of caution. it is a bit disappointing. hopefully we'll try again on
4:31 pm
saturday and mother nature will cooperate with good weather, the falcon 9 rocket carrying passengers. if you look back, boeing has issues recently as december with their test launch. their launch vehicle did not line up properly with the international space station because of some calculation errors. connell: brett, if it at least helps in your job as you had satellites as satellite anchor. >> that's true. connell: i'm sure. let's talk a little bit, speaking of which the private company that put all of this together and technology behind it. the first crew to head to space once this happens from u.s. soil in nine years. there is a lot of excitement building up here, and they are doing it with some new equipment. brett, i will start with you this time and work our way through the panel. you cover technology for us. this isn't, this isn't the space shuttle program, even the spacesuits you're looking at
4:32 pm
right there, are new and improved. you know, almost like flying a tesla around. what do you make of all the touch-screens and everything else inside? >> i love it. i was watching the feed earlier of the astronauts inside the drag dragon capsule. they have touch-screens within reaching distance. they have tablets in their laps. it is great use of technology and modern technology in the space program. you look at something like the space shuttle that was designed in the late '70s and flew through the '80s, '90s, into 2000 and there is some pretty rudimentary technology inside of those vehicles. for all the things they were able to do they still had monochromatic screens in them. they didn't have fancy cockpits most airliners have flying around. i love the use of technology, so long as they use knit a way that is appropriate, not just using technology for using technology's sake. spacex has been at this for a
4:33 pm
long time. they have had a long time to prepare. they worked a lot of the kinks out in what they're using. connell: they have tested it to a point, andy, someone who has done this, when you bring in private companies and they do bring in the latest in technology, is that something you would have looked forward to or get so comfortable over the years in operating something that you're used to operating that you would have been reluctant to make this kind of change? >> i think that technological advancements are really something that we all look forward to. generally when you're dealing with something very complex, it has got to have a lot of testing on the ground. it may go through 10, 20, 30,000 hours of software testing on the ground to make sure that you don't have to do any kind of reboot while you're doing something pretty critical. it has to be tested pretty well. by the time you're trained to fly you're trained to go do it. it is interesting now we have a
4:34 pm
lot more about push buttons rather than stick and rudder for pilots and kinds of things we were used to, steam gauges we used to call them in the old airplanes i used to fly before the new generation of airplanes came about. connell: so everything is touch-screen now and autonomous by the way. so you are almost the back up as a pilot but they had to make the gloves such, people will think, you have a touch-screen phone at home. you get cold in the winter, buy the gloves allow you to touch your phone still operate it. those are the type of gloves with the type of technology these astronauts have to use. a final word here come together, the use of private enterprise and ingenuity goes along with a company run by elon musk making this all happen from the perspective of technology, what do you think? >> even though everything that spacex is making looks like flashy, fancy, futuristic, important to remember they're developing new technologies very innovative and kind of like
4:35 pm
futuristic in terms of how space exploration works. so they were the first to reuse a rocket. they launched the falcon 9 rocket which landed on earth which is amazing to watch even though they have done it dozens of times. they're making the spacecraft reusable as well. the dragon, cargo dragon are reusable. they're pushing towards the future of space exploration. that is better than the fancy touch-screens and things like that. connell: great point. we'll start the clock here. three minus, 3:22 p.m. saturday afternoon. we all appreciate it. melissa. melissa: one stall step for man, one giant step towards privatization. we'll look at other companies banking on a future in space. refunding our customers a portion of their personal auto premiums.
4:36 pm
learn more at libertymutual.com/covid-19. [ piano playing ]
4:37 pm
4:38 pm
4:39 pm
♪. connell: we'll have to wait until saturday afternoon to watch a private company launch human beings into orbit for the first time that private company spacex founded by one and only elon musk. hire to talk about mr. musk with us is our friend lance ulanoff, live wire.com editor-in-chief. i was hoping to have this conversation a few minutes after the launch of this rocket and the weather got in the way today as we feared might.
4:40 pm
let's hope saturday afternoon it will clear up this will happen at some point. and when it does what does it say about elon musk? >> well look, elon musk and spacex are a proven quantity. it is not like this is the very first flight. it is the first crewed flight. so the expectations and the risks are higher because there are living, breathing human beings on board. there have been so many flights previous to this, including fights of the crew dragon without a crew in it, it is not about the technology. it is about safety. they made 100% the right decision. it is just so difficult because you get so built up, and the amount of work goes into just even a launch that's scrubbed. they have to do all of this, every single step in the exact same way once again on saturday. connell: you know, we know elon musk for some things. i mean he gets in the news for controversial tweets and we know
4:41 pm
about tesla and, you know, if you go back and read about him coming in from south africa, he was younger, university of pennsylvania, founded a number of company, turned into paypal, made a lot of money. he has been doing this a long time in space, spacex. it has been around since 2002. where does this end up for elon musk? maybe on mars? >> that is where it ends up. where it is on mars. he talked about it being a multiplanetary society for years although it was interesting to hear him say on the day of the launch in 2002 he never imagined this could happen, dream this could happen. the amount of success they have had as a private space company is astounding. when you look at world of private space companies, like boeing, blue origin, part of amazon, no one is as far along in the race to get americans back into space from american
4:42 pm
soil. connell: that is a good point a lot of those other companies are involved. as someone that looks at those industries, what do you see in terms of the future of, i guess business in space? i mean a lot of possibilities out there? >> oh, my gosh. yeah, look, they talk about, jim bridenstine, the nasa administrator, talked today about when we go to the moon we're not going there to visit and plant the flag, we're going there to stay and that means there is going to be business around it. there could be mining on the moon. there could be materials from there and what is the ability to launch from the moon. it is super difficult to get out of the earth's gravitational pull and atmosphere. it will be easier to launch further into space from the moon. that is entire business. we haven't talked about the fact they want to fly private citizens into space, including we know, tom cruise will shoot a movie on the international space station. connell: yeah.
4:43 pm
there is always a lot of jokes people can set up. it is exciting stuff, everything that's happening. let me end where we began, elon musk. people were alive, when thomas edison was around or ben franklin was fooling around with lightning in philadelphia, whatever the case what they thought of those people then and what we might think or what the future might think about elon musk, you know, 50 years from now, what the history books might write 100 years from now. what do you think he will be remembered for? >> that is an excellent. question. back in the day of ben franklin or thomas edison. we had news reports but never social media to reach out to the customers or really they went to the press. elon musk, unfiltered elon musk appears on twitter all the time. we have the new personalities, incredible, brilliant inventor genius, helping us get americans
4:44 pm
back in space from american soil. he really created the electric car industry. then we have the person who tweets with abandon about all sorts of things and it is hard for me to say but i think the material things that he has done for society, for space, for the, for electric cars, those things will be remembered and remembered as someone very important in history. connell: i think it is a good bet that the whole fully funded taking tesla private thing will be forgotten then. we'll be talking about things we're talking about today. good to see you, lance. as always, lance ulanoff. melissa. melissa: shooting for the stars. spacex certainly not the only private company betting on commercial space missions in the near future. jackie deangelis is live in the newsroom with more details on that. jackie. reporter: good afternoon to you, melissa. it would have been historic. we'll wait until saturday to see but it would have been the first time a private company, not the
4:45 pm
national government is working with nasa to send astronauts into orbit. it is really historic from a business perspective as well when you think about it. nasa paid spacex $3.14 billion to develop and fly the crew dragon capsule. this is the future of space exploration, it is a big business. at the end of last year investment in the sector was totaled 5.billion dollars that was up 73% from the year before and the lion's share of the money is coming from the private sector. the ceo of the space foundation explained this to us. >> about 80% of the space economy comes from the commercial sector. if you look at it, the economy right now is about a 417 billion-dollar enterprise. and about $85 billion comes from the government. and i see that as good, because it provides great competition and real opportunity for people.
4:46 pm
reporter: as a matter of fact, since 2009535 space companies have received total of $25.7 billion to work on these trips and some say, it is really a billionaire's space race, right? elon musk is behind spacex. he has richard branson with virgin galactic and amazon's jeff bezos is backing blue origin. some heavy hitter names behind those companies. traditional military contracts are becoming invested in it. boeing working on it, orbit call sciences, northrop grumman. all in all u.s. companies lead the way in terms of investment. don't count the chinese out. they accounted for 34% of investment in the final quarter of last year when it comes to space exploration. 120 million for virgin galactic. 140 million for a china-based station intelligence company as
4:47 pm
well. also consider this, as a profession, a lot of people are looking for new things to do right now, especially at this time. you know, anecdotally within the space industry they're say they're growing so fast they can fill all the positions. guys? melissa: wow. jackie, thank you. connell. cool stuff. connell: we'll switch gears a little bit right now as we're told the president is as well. moments ago he boarded air force one making his way back to washington after the launch had been scrubbed. we also have other stories to cover. rent prohibition bans are expiring in states and restaurants are looking for a compromise. we'll have that next.
4:48 pm
4:49 pm
there are times when our need to connect really matters. to keep customers and employees in the know. to keep business moving. comcast business is prepared for times like these. powered by the nation's largest gig-speed network. to help give you the speed, reliability, and security you need. tools to manage your business from any device, anywhere. and a team of experts - here for you 24/7. we've always believed in the power of working together. that's why, when every connection counts... you can count on us.
4:50 pm
4:51 pm
melissa: many major restaurant chains are negotiating with landlords for rent relief. chains like starbucks and applebee's fighting for cone sessions as states begin to lift eviction shun bans. gerri willis has details. gerri? reporter: melissa, that's right, for most of april and may, if businesses couldn't make rent, landlords couldn't kick them out. all of that now changing. listen. businesses are feeling the squeeze especially retailers on
4:52 pm
sondland lords can start kicking out businesses like in arizona and california. eviction is not the first choice of many landlords who want to keep the retailers in place. starbucks now negotiating with landlords asking for concessions. that is not a story we would think we hear before the pandemic. yum! brands, parent of kfc and taco bell, quote, need support from their landlords. hertz announcing they will defer all rents for six months. for their part the real estate companys landlords are not doing so hot themselves. home to bloomberg and amazon collected just 90% of office rents and 53% of retail rents last month. their rental revenues are down 24 million forethat month. simon properties, the big maul operator and develop says won't disclose which tenants are
4:53 pm
failing to pay rent. we know a few of its clients like gap and jcpenney are in bankruptcy. in new york city landlords just lost even more rights. listen. >> mayor de blasio is going to sign a bill that is going to stop people from being able to, from being able to go after those tenants who personally signed for those leases. so literally the landlords have no sort of enforcement. reporter: so the new york city mayor saying that these landlords cannot sue their tenants. they are suspending personal liability. now that means ultimately landlords will not be able to pay their bills either, like maybe property taxes? tenants getting all the breaks here. landlords not so much. melissa? melissa: well, and they can't pay the mortgage-holders back to the banks, so it will be interesting to see, you know where the buck stops and, what we're all going to do about it.
4:54 pm
gerri, interesting stuff, thank you. connell? connell: all right. melissa, programing note now for everybody, so listen up for this. we've been doing a number of these virtual town halls on fox business and stuart varney has one tomorrow morning. dave ramsey, ken coleman, chris hogan a terrific lineup, joining him for "america works together" virtual town hall. you can participate in that during the regular hour of "varney & company." it is the 11:00 a.m. eastern hour tomorrow, "america works together," a virtual town hall with stuart "varney & company." don't miss that. we'll be right back. ♪ ♪ ♪ ♪
4:55 pm
♪ ♪ ♪ which is why when it comes to his dentures only new poligrip cushion and comfort will do. the first and only formula with adaptagrip cushioning technology. choose new poligrip cushion and comfort.
4:56 pm
4:57 pm
4:58 pm
♪ ♪ >> how cool do you think the spacex spaceships are? >> i love me some spacex space suits. [laughter] and if you read about it, for
4:59 pm
example, the helmets are 3-d-printed to perfectly match the shape of your head, because not everybody's head is the same shape, okay? so love the space suit. in fact, i want to get one for myself. i might just buy one and just walk around with it, right? we're still in the corona verse? i'll wear a space suit and go shopping. [laughter] that'd be cool, i think. melissa: oh, my gosh, i love it. first of all, we're still in the corona verse? i hope he patented that. the helmets are 3-d printed? connell, thank you for infullinging me today with all -- indulging me today with all of my space nerdy canness. we are so enthusiastic about this, and the fact that it didn't happen just means we have something to look forward to on saturday. connell: i know. that's something for you guys, thompson will be excitedded this weekend. i was really looking forward to
5:00 pm
it, i hoped it would happen today, but the weather did not cooperate. that said, we learned a lot, and melissa and i will see you again tomorrow same time with "after the bell." thanks for joining us as always. "lou dobbs tonight" starts right now. see you tomorrow. ♪ lou: good evening, everybody. what would have been an historic day for america put on hold for at least another few days. spacex just moments ago forced to scrub the launch of their falcon 9 rocket from cape canaveral because of bad weather including a nearby tornado watch. the launch had been set to end u.s. dependence on foreign nations, principally russia, to send our astronauts into space. a ten-year dependency. president trump, the first lady, vice president pence all in attendance at cape canaveral in hopes that the launch would take place, but stormy weather denying the crew

116 Views

info Stream Only

Uploaded by TV Archive on