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tv   After the Bell  FOX Business  June 4, 2020 4:00pm-5:01pm EDT

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relative to physical. valuations look attractive relative to s&p. time to think about gold equities. [closing bell rings] liz: we'll put your six reasons own claim don.com facebook page. ed thank you. dow turning positive up 10 points in this final second. connell: it was a excellent comeback for the dow jones industrial average. looks like it will settle higher today. the other two major averages pulling back from what had been a three-month high. so a mixed close on wall street. good to be with you. i'm connell mcshane. melissa: i'm melissa francis. this is "after the bell." major averages off the lows we saw in late march. the dow panned nasdaq are up 40% over the last three months. we have fox business team coverage. lauren simonetti is watching the markets. blake burman is live at the white house. let's kick it off with lauren. lauren: really choppy session, guys. while the dow did close higher
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the s&p 500 and nasdaq did break a three-day winning streak, so closing both lower today. we got data on jobless claims. really awful. it goes to show you that the wall street recovery since those march lows, up 40% as you just noted, melissa. it is really outpacing main street's recovery. if you look at continuing claims here topping 21 million, it suggests that employers have been slower to hire back furloughed workers. let's talk about the retailers. it is a particularly painful time for them. hit first by the pandemic and now damage from the protest although you wouldn't know that from some of the retailers stock performances we're seeing today. take a look at nordstrom. it is up almost 10%. i want to pay attention to the gap here. higher today too ahead of earnings any minute now but they did get hit by a lawsuit, simon property group because they hadn't paid their rent. also the nasdaq 100. it did touch an intraday record high. it has since pulled back as big
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tech companies pulled back. we see the rotation continue out of technology and some other virus winners into the more economically sensitive parts of the market, particularly the banks. the banks were winners today, firmly in the green. citigroup up 4%. so was wells fargo. i want to show you stocks hitting record highs. restoration hardware, speaking of retail. winnebago, paypal, ebay which raised current quarter outlook because business is growing faster than ebay expected. i want to flag this tweet from elon musk, tesla and spacex ceo. about an hour ago he tweeted, time to break up amazon. monopolies are wrong. here is the backstory that was in reference to a notification that amazon refused to publish a book by musk fellow coronavirus doubter, former "new york times" reporter alex berenson. the book questioned models used to predict covid-19 and amazon's move was seen as censorship,
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more censorship coming from silicon valley. but after elon musk and others spoke up, it looks like amazon, according to mr. berenson will publish that book after all, but, jeff bezos, amazon's ceo, elon musk, tesla ceo, they compete in a lot of areas. space, electric vehicles and, well, now we're talking censorship essentially. that is how it, elon musk tweet read to me when i first got the notification. he also promised he would stay off twitter. remember that? it lasted two days. melissa: i do remember that yes, i do remember that. thanks, lauren. now to blake burman who is live at the white house. reporter: melissa we are set to potentially here from president trump later this hour as he will be signing an executive ordealing with the permitting process and regulatory burdens at least as this administration sees it as comes along with all of that. let me give you top lines from the executive order as i've been told by a senior administration
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official t will direct federal agencies to accelerate economic recovery by improving infrastructure. it will call things like expediting highway construction and civil works projects under the purview of the army corps of engineers along with accelerating projects on federal lands. those are some of the things that the west wing over here, the president can try to get control of. you remember, melissa, about this time yesterday we were anticipating a meeting between president trump and his economic team to go over the next step relief measures as it relates to relief for covid-19. we can can tell now that meeting between the president and his economic team has happened. i was told, if you're wondering what might have come from it, that no decisions were made by the president at this time. at this point the white house is still sort of working through some of the main options they are looking at to see what they might potentially put forth next. we've heard from democrats and what they want to do. still though over here at the white house they're working
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through all of that and as it was said to me earlier today, it is a policy process at this point and many options as we've heard before, are still on the table. melissa? melissa: wow. blake burman, thank you for that. connell? connell: more now, melissa on trying to get workers off the sidelines. new report out today from the congressional budget office finds roughly five out of six recipients of jobless benefits received more money than they could expect to earn from regular work if those benefits are extended for six months. dan mitchell joins us, center for freedom and prosperity where he is chairman. you will hear a lot about this debate, dan, over the next number of weeks and maybe months, in congress, they don't really have that long, until the end of july when they expire. the extended benefit though, earning more money staying home on unemployment than going to work. what is your view whether we should have an extension, given what we're learning here today from the cbo?
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>> if you're paying people more not to work, then they get if they work of course you're going to have higher levels of unemployment. i'm baffled that this extra $600 a week was ever put in in the first place. i guess it was like a coronavirus bonus or something like that but now that in theory we're beginning to open the economy back up again, we need to get labor and capital back being deployed to generate prosperity and restore growth for the american economy. if politicians extend this program, give people not only unemployment benefit but extra $600 a, that is unquestionably a recipe for higher unemployment. david: so the other finding of that cbo report -- democrats are pushing hard for extension. that is why the report was commissioned. they want to extend it until january of 2021. the other finding was they found that the average amount spent on
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all kind of things, food and housing other items, goods and services it would be closer to what people would spend if they were employed if the benefits were not extended which i guess is kind of obvious. i guess the question, dan is, can you make the case for extending the $600 saying that will help the overall economy or simply doesn't work that way? well it depends f you're a keynesian economist and you think that the government can take money out of the left pocket and put money in the right pocket, somehow more spending in the economy, yes, giving people extra money to be unemployed is a form of quote, unquote stimulus. remember way back during the obama years when nancy pelosi said giving people unemployment benefit was great stimulus. in fact paying them not to work. by the way, during the obama years, we had this exact same fight. obama wanted extended unemployment benefits. the republicans in congress finally said no. so in 2014, those extended
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benefits went away. what happened? people went back to work. if you pay people not to work, they're knot going to work. it is just that -- even by washington standards it's crazy. connell: we've heard it a lot. spent a fair amount of time the last few weeks talking to small business owners. we started to hear that, in the restaurant business i heard it a bunch. we want to get people back but they're making more on unemployment. so it is a challenge for us. the other thing i read, put your political hat on as final question, some of the republicans who might be inclined to vote against this, many probably will, but some are concerned about the politics, at least part of what we're seeing in terms much the protests is driven by, you know, people who are out of work. they're inspired by the economic problems that they're having rand republicans might be reluck tan to vote against, you know, take away unemployment benefits essentially or extension of those people. what do you think? >> what is the old saying we her
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as kids, idle hands are the devil's workshop. people are sitting around doing nothing. some will take advantage of that to misbehave. again, i want to harken back we went through this exact same debate where republicans back in the early part of the last decade were very nervous about ending extended unemployment benefits, oh, you want people with long-term joblessness to suffer. turns out once people weren't being subsidized to being unemployed they went back to work. if you really care about the economy, if you care about people having dignity of work, if you care about getting anything close to a v-shaped recovery we need to make sure when we hit july 31st i believe it is, we need these extended, supercharged benefits to go away. connell: so if they go away, you think a v-shaped recovery is more likely, is that what you're getting at? >> we'll get closer to that. there will be long-term damage from some sectors of the economy simply because the consumer
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nervousness. movie theaters, cruise ships. major sporting events. some things went go back to normal very quickly but we obviously want to get as close to a v-shaped recovery as we can. we don't want long, lingering jobless recovery like we had under obama. connell: again this will be the debate over the next month probably since we're already into june you will mare about in the congress. dan mitchell always good to see you. >> all right, a sign of optimism during trying times after months of lockdown new york city unveiling plans to use open space to provide city restaurants with more outdoor dining areas. phase one of reopening planned for monday but after recent turmoil can small businesses bounce back? we're going to have more details on that this hour. plus a path forward in the sports world. the nba is approving a 22-team plan for restarting the season
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at the wide world of sports complex at disney world in orlando in july. this is according to the associated press. whoo-hoo. ♪.
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melissa: powerful moment for a family in a nation in mourning. a memorial service for george floyd being held in minneapolis as another night of protests are expected. steve harrigan is on location with the latest. steve? reporter: it was an emotional two hours. more than 1000 people inside, invited guests and family. thousand those more out here on the street. they are now chanting george floyd. it was a real mix after ceremony. in part a celebration of life, in part a funeral, in part a political rally. a real range of moods inside. some real anger from the reverent al sharpton, hit theme having a knee on their neck. how african-americans for 400 years are v had a white knee on their neck. hope that times had changed. speaking family attorney ben
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crump. here is what he had to say. >> torture that they witnessed on that video. we cannot cooperate with evil. we cannot cooperate with injustice. we cannot cooperate with torture reporter: we've seen a real range ever emotions here in minneapolis over the past 10 days. four, five days of serious violence and fires, followed by arrival of the national guard and the mood has changed dramatically just over the past 48 hours with the arrest of the other three officers involved in the arrest of george floyd. also upping the charge to second-degree murder. that has calmed things down considerably. those four officers appeared in court this afternoon, the new three, and it really raise as possibility of a maximum sentence for second-degree murder to 40 years behind bars. melissa, back to you. melissa: wow.
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steve harrigan, thank you. connell? connell: switch back, now, melissa to here in new york. thousands of people gathering in brooklyn today for a vigil honoring george floyd. more peaceful protests underway during the day here in new york. this comes after three new york police officers were wounded in an unprovoked attack that took place last night. that's been the thing day versus night. kristina partsinevelos is live for us at an nypd precinct. she is in times square this afternoon. kristina. reporter: connell excellent to point out the difference between the day when things are usually very, very peaceful versus the evening. there was over 180 arrests yesterday. overall nypd we've spoken to, officials here in the city said it was relatively diminished chaos and less damage than we've seen over past few days. however, like you mentioned it wasn't a case unfortunately in an area in brooklyn. that's when one police officer was stabbed in the neck. we have a picture of that knife. it is the alleged knife used in
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that situation as well as two other officers that were shot. so all three were injured. they're expected to make a full recovery. the suspect is in custody. they're still looking into any kind of link with the protest. but you had mayor de blasio just today speak about this particular incident against those nypd officers. listen in. >> absolutely unacceptable to attack a police officer in any way, shape or form. we will not tolerate it. there will always be consequences. it is not an unfair action to say, in the context of crisis, in the context of curfew there is a point enough is enough. reporter: enough is enough for a lot of the businesses here in new york city. that is because of the damage caused by looters. some situations, they're looking into investigating whether bricks are being used to ruin a lot of the property here. nypd commissioner did tweet out this. this is what our cops are up
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against, organized looters, strategically placing caches of bricks and rocks in locations in around the city. i went to 12 different brick companies or suppliers here. nobody has been able to corroborate that story. what i noticed here in new york, you have definitely seen all the garbage cans removed around the city. very hard to throw out anything. you mention what is happening in brooklyn right now. we have live shots of that. there was the second memorial for george floyd. a cross over there. they're expected to cross over the brooklyn bridge but there is already a group gathering a little bit more further south. i'm now moved to times square because we just noticed that the entire area around here has been blocked off to oncoming traffic. that is because the protesters are entering this area just behind me. and so we're expecting and we're hoping for the best. it seems to have been improving every single night. protests continue to get the message out to end police
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brutality and systemic racism. back to you guys. connell: kristina partsinevelos in new york for us. melissa? melissa: meanwhile we have seen chaotic scenes in new york city as looters were damaging businesses that were struggling to stay open during the coronavirus pandemic. all this as the city was starting to get phase one reopening which was supposed to kick off on monday. here now is bill mcgurn of "the wall street journal." he is also a fox news contributor. bill, one thing i've been noticing out for a run in my neighborhood, the places hit, who had their windows smashed in, people go inside and steal stuff were businesses that were open in part during the pandemic. so the ones that were shut down forever, for at least, you know, for the pandemic people understood there was nothing inside but there was a restaurant. there was a liquor store. there were a couple of different things where they had been doing, take-out an delivery and
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the, you know, rioters an looters understood they had been open. so there was stuff inside and it's the same on every block up here from what i can see with my own eyes. what does it mean for the reopening that we've hit these businesses right as we were supposed to really start? >> well it's terrible. so many of them were struggling to survive, with even ones, restaurants for example, doing take-out. it is a far reduced income, revenue from what they had before. that is implications for how many people can work there. it is no bargain for the governor and the mayor to okay say, you can start reopening your restaurant outdoors but we're not going to keep you safe. i mean, and i think, what you're mentioning speaks to another aspect of this. yes there have been big outlets like macy's, that have been looted and so forth, but the real harm are to small business owners, don't have that much money, that operate on thin
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margins, bodegas and i think governor and mayors should take tours who are hurting and, first right is protect innocent. first responsibility of government. they need to start doing that. melissa: it is also, when they talk about letting restaurants have more outdoor space to open up. >> right. melissa: this is new york. like we can't open in our parking lot. that is what a lot of businesses in florida and like are doing, putting tables out in the parking lot. there is no outdoor space. that is the whole point. it is a city. we're in buildings. maybe you can put a few tables along the sidewalk. what is that along a storefront, maybe four tables? how much could that help? >> you can do some things as stopgap measures, better than nothing but it is not going to bring a business back to the full capacity. look, where i am in the suburbs, there is a man in my town that runs the coffee shop, coffee newsstand at the train station.
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no one is taking the train. they closed down where his shop was. he is moving to a table on main street. he is getting nowhere near the same income he did before. there are dozens of people just in my town just like that. i'm sure all across the state. people are really hurting. and if the, if the cities cannot guarranty their security, it is really, it is really going to be a different ball game once we come back. you know, so, if you go back 50 years, riots like '68, some cities are, or parts of cities never recovered. >> yeah. well, and one of the factors was for manhattan, for the new york area, we were under the impression we had to work here if we wanted to do these jobs. >> right. melissa: accidentally, one of the lessons that de blasio and cuomo taught us through this, we don't have to actually live in new york. with so many people who left the city, were planning to come
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back, these, this last wave where we had all this violence, i know many people who now are not coming back and are saying, i will come back in september. they had been planning to come back at least in part for the summer but this vie license told them no. then the person and their family making income that required them to be in new york, they have always taught us we don't have to be here. there are some huge implications for places like new york going forward. what are your thoughts? >> absolutely. look i've learned that. my colleagues and i at "the wall street journal," we're largely working at home. i'm working in new jersey, but if there were a long-term thing why don't i work in a no tax state like florida and texas. i could do the same thing. that will have a lot of implications. say i'm here for couple months. maybe i report the income on my new jersey taxes instead of my new york taxes? there will be a lot of loss of
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revenue for this. people will figure a way to save money and have a better life without having to go into manhattan. i happen to like going into manhattan. but i don't mind not having a three-hour round-trip commute and so forth. if you could tell me i do do my same job in a no-tax state that would be very attractive. melissa: bill mcgurn, we've been trying to quantify the numbers what that mean in places like jpmorgan and such, all of sudden didn't have to work here, help me come up with the numbers. the government doesn't want us to know what that is. we're going to work on that. that's a big deal. my mother-in-law sells real estate in florida. it is through the roof right now. a lot of people say forget it, i'm out of here. i'm going to a no-tax state. connell? >> thank you. connell: we have a lot more coming up. the company lego is taking a stand. revealing it is suspending advertising of certain products? we'll tell you the reason behind
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that move. that is coming up next. plus after being closed for nearly three months casinos in las vegas reopening today with some major changes in place. >> it is a little blend of new year's eve. it is a little blend of repeal day. this is tuxedo style night tonight. let's reopentu las vegas. hm. i'm thinking... will i have enough? should i change something? well, you're asking the right questions. i just want to know, am i gonna be okay? i know people who specialize in "am i going to be okay." i like that. you may need glasses though. yeah. guidance to help you stay on track, no matter what comes next. ♪
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♪. melissa: lego is pulling ads for its police and white house building sets following the protests across the country. jackie deangelis in the newsroom with details on this one. reporter: melissa, good afternoon to you. you've probably seen the leg goes, i've seen them, they look like little police officers in their police vehicles there are even figure you reasons that represent the white house. the company is suspending some of the advertising associated with these products t sent an email yesterday to some of its
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affiliate marketing groups to remove the product from their site and hold off on those marketing materials. when pressed on this lego said, no, actually we're only suspending the marketing and we're not going to take those products off the market in terms of people being able to buy them. they also tweeted this yesterday, "we stand with the black community against racism and inequality. there is much to do. we will donate four million dollars to organizations dedicated to supporting black children and educating all children about racial equality." in another tweet today to sort of backtrack a little bit lego said this," we've seen incorrect reports saying we have removed some lego sets for sale. that is the not case. reports earth wise are false. our intention was to suspend digital advertising in response to events in the u.s. we hope this clears things up. " in the wake of george floyd's
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death, and civil unrest is not only having impact on companies like this but also communities. for example in minneapolis the board of education voting to suspend its funding to the police department. actually this is an outcry across the countries in other cities as well. new york, pennsylvania, illinois, california, et cetera. sort of a rally cry if you will, to defund the police. some say be careful what you wish for. really is important to have that system in place. we just need to figure out how to have the right balance. melissa. melissa: wow. jackie, thank you. connell. connell: "fox business alert now. we're just getting the numbers in. gap reporting its quarterly results. let's go back to lauren simonetti with those numbers. lauren: hey, connell, wall street is not liking the numbers they just heard. gap sales in the quarter down 43% year-over-year to $2.1 billion that was worse than expected and the share price is
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down 5.25% today. earnings unadjusted, a loss of $2.51 a share. if you look in the numbers this is what's important. online sales up 13% in the quarter and online sales in the month of may doubled. so that is a bright spot. however, you know, they said they're not providing an outlook for the year. they're not even providing those comp sales, same-store sales. but i went through some of the numbers. if you look at atleta, one of their best performing units, if you include worldwide net sales, in store and online for the quarter, down 8% that was the best of all of their brands. the worst was the gap itself down 50%. it was not a good report. as you know they do owe rent to the largest mall operator in the country, simon property group. gap says they have $1.1 billion in cash on hand. connell? connell: thank you, lauren simonetti. melissa. melissa: nevada is betting on
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safety, the state taking a major step forward starting its economy as some reopening states are reporting a spike in cases. one major city lifting curfew ahead of the seventh night of protest. a new york federal judge denying bernie madoff's request for compassionate release from his 150 year prison sentence, arguing madoff quote, never fully accepted responsibility for his crimes. therefore a reduction would be an escape of justice. that's right. we'll be right back.
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and 90-day first-payment deferral on any model. ♪. connell: another "fox business alert for lauren who was just telling us about gap a few minutes ago. now slack has reported its results. a company many of us are using a let especially these days. how did slack do? >> that is how you connect from home, remotely for work. they did fine, connell, but the stock is down 15%. wow. here you go. if you look at the bottom line there was a loss of two cents a share, better than expected. revenue growth of 50% year-over-year to a better than expected number of $201.7 million. what's the problem? the problem is growing 50% is just not enough. zoom grew about 170% when you looked at their revenue on an annual basis and slack's not
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doing that. not to mention where is the momentum because in the prior quarter they had growth of 49%. increasing that to 50%, the street seems to want a little bit more. the stock is getting punished in the after-hours, connell. connell: big time. almost 16%. lauren thanks. melissa. >> all right. the las vegas casinos are open. nevada entering phase two today of restarting the state's economy. here now to discuss is charlie hurt, "the washington times" opinion editor. he is also a fox news contributor. we're having a little bit of state envy here because i know everybody who is down in florida likes to brag they're out at restaurants and they're all all kinds of things. now in nevada you can go gamble. what do you think about this? we haven't seen a big spike in cases yet but florida did have a pretty big day of case, i think it was today and maybe they're doing more testing. what are your thoughts on this
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reopening, if we see a spike? >> well, obviously as you point out a lot of it does have to do with a lot more testing. i know around, around where i lived in down in southern virginia it is very rural and we've actually gotten to where this saturday there are going to be operations set up for people to do drive-through testing. they're not testing for the antibodies but can test whether or not you have the virus or not, that is a huge step up over where we were just a couple months ago. obviously we're going to see spikes come along those lines. but i you know, this is, i always go back to the same thing. this is the beauty of having a republic with lots of different states run by different governors. you get to sort of test things out and if, you know, if vegas opens up and we see a dangerous spike that of cases and we can learn something from that and we
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can adjust accordingly. i can tell you that my boys and i went shark fishing down in florida last week and it was like the pandemic didn't exist. nobody was in masks. everybody was wandering around. you know obviously they had been through everything, they had been very cautious at the time but, but they were, were venturing out into the public and enjoying the early nights of being able to get out and get out into the sunshine. melissa: no. it's absolutely true. those numbers in florida, we're looking at some of them on the screen right now, 50% of the capacity inside. 100% outdoors but you're absolutely right. everyone's reporting the same thing. it is as if it never happened down there because people, they are not wearing masks. they're not doing all the things that in new york ant other places when you reopen it will be like this.
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people will this be far apart. only some tables inside the restaurant. everyone will walk around with a mask on. that is not what's going on in florida. it sounds like it is not going to be what is going on in nevada as they open casinos. if we don't see almost a massive resurgence what are people going to think about, i don't know, shutting everything down in the first place? >> i have to, the most startling thing about all of this footage that we've been watching over the last week of the protests and the riots, these are people, they are not social distancing. they are not being cautious in any way whatsoever. they're violating all of the rules that we have been living by for the last couple of months and it is going to be really interesting. you know, i don't know what happened. i, you can't help but be a little suspicious if you don't see a dramatic spike in, in
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covid cases in places where you've had a lot of these protests, especially where you've had some of the, sort of wilder protests where people are clearly interacting with one another and, you've got, you know, mayhem and fighting breaking out. it really does raise serious questions and, especially for those of us who are a little suspicious about all of it to begin with. we abided by the rules and the reason we abided by the rules is because we didn't want to get somebody else sick or we wanted to be respectful of the fact obviously there are other people in the population who are, for whom this could be a death sentence and the worst thing you want to do is anything that threatens them. but it really does raise serious questions about all that. melissa: as a parting shot before you go, i was looking down, i wanted to find the exact tweet. governor cuomo said coronavirus tests are available to all
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protesters. which of made me wonder, so if you protest you get a free test? because i paid for -- do you get -- >> there are a lot of advantages to, to being out there these days. melissa: let's see. we'll see what the response is to that. i tweeted that to him. we'll see if he gets right back to me. charlie, thank you so much. connell? connell: all right. moment of heroism in the wake of crisis. coming up we have a business owner that will join us from santa monica california to talk about the fight he had to protect his jewelry store the other night. the good samaritan that stood by his side. that is what makes this a great story. we'll be right back. ♪. okay... okay! safe drivers save 40%!!! guys! guys! check it out. safe drivers save 40%!!! safe drivers save 40%! safe drivers save 40%!!!
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when this crisis is don'going to be over new voltaren is powerful arthritis pain relief in a gel. and we don't know exactly when the stock market will reach its bottom, we've got to be prepared for this to last a long time. if you assume that you're out of work for nine months but you end up only being out of work for...
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♪. connell: we're back with a act of kindness out in santa monica. looters approach ad local business there and a good samaritan came forward to help the business. we have on the phone the owner of the bobar jewelers. tell us the story. it involves a young woman on a bicycle as i understand it outside your store. what happened. >> yes it is, connell, thank for having me on. i'm happy to share the store the
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miracle that bubar jewelers survived the day. basically around 1:00 there was a lot of helicopter presence in santa monica there was a peaceful protests about three blocks away on ocean avenue and wilshire but, when i happened to park my car and come over toward my business which is on fourth and broadway toward the metro, there was literally a swarm of people breaking into a shoe store directly across the street called vans. and i watched them in horror. i thought, gee, they will be up and down the street. they're looking at my window. but they basically passed me by. about 30 minutes later i walked towards my business. i was within 10 feet of the door and i would say 30 minutes after that, about, must have been at least 15 to 20 men came to my door with a baseball bat. they smashed in the glass pane off the front door.
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i do have an insight gate. they literally tried to push the gate through so they could enter my premises. then they came back, i believe, and this is something that was related to me, with some sort of crowbar or something to try to cut off the padlock holding the gate in place. my gate goes side to side. shortly thereafter i noticed i was 10 feet away. i had been kind of in the lobby of the building, i noticed a young woman parked in front of my store on a bicycle. and i didn't know who she was until afterwards. and she stayed, i at least two hours. and during that time, more people came back and i think, couple of instances she said, please, you know, leave the store alone. they questioned her. they said something about we'll steal your purse or take your bicycle. do what you are going to do but i'm not leaving. i support a local protest.
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this is not what you should be doing. this is not right. connell: wow. >>s that with pretty much -- connell: you do not know her? >> i did not know her until afterwards. i did approach her of course. i introduced myself as owner of the family business. i said that our business has been in downtown santa monica owned, my parents started in 1945. this is our45th year. and i said, olivia, you saved my business. you saved my family business. connell: wow. does this restore, you know some people would say acts of kindness like that would restore our faith in humanity or maybe all violence and looting has kind of tested that? i don't know how you look at what happened to you or maybe, if you even look at it that deeply? >> i believe it was a miracle. i do look at it deeply. i believe that, that it was, it was really an act of, an act of
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kindness, a selfless act to protect, she said in her own words, i came to help protect a small business. this woman was absolutely the heroine. i had a chance to talk to her, i met her. in fact there was interview on another station. i was pleased to offer a gift and a thank you note. we happened to, you know, kind of know the location where each of us works and lives. she is a resident of santa monica. she works nearby in pacific palisades. we do have some people in common that we know. i had never met her prior. and it -- my building that lived upstairs. they introduced themselves. i said who is this woman? she is here to help protect your store. really it was a blessing.
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connell: yeah. guardian angel. thank you so much for calling in all right, bill bubar out there in santa monica. that is a remarkable story in the midst of everything we've been going through around the country. melissa. melissa: all right. for the first time since the protests began the nation's capital will not be imposing a curfew at all tonight. we are live from washington with a look where things stand. that's next. >> we want the military, we want troops from out-of-state, out of washington, d.c. money managers don't understand why. because our way works great for us! but not for your clients. that's why we're a fiduciary, obligated to put clients first. so, what do you provide? cookie cutter portfolios? nope. we tailor portfolios to our client's needs.
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but you do sell investments that earn you high commissions, right? we don't have those. so, what's in it for you? our fees are structured so we do better when our clients do better. at fisher investments we're clearly different.
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♪ ♪ connell: fox business alert, from the secretary of state mike pompeo who has just put out a statement applauding the nasdaq for its decision to tighten up rules and possibly restrict
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chinese ipos, saying american investors should not be subjected to hidden and undue riskings associated with companies that do not abide by the same rules as u.s. firms do, adding the action from the nasdaq should serve as a model for other exchanges in the u.s. and around the world. melissa. melissa: wow. demonstrations persist in the nation's capital as the d.c. mayor announces there will be no curfew tonight. hillary van is on the ground -- vaughn is on the ground in washington, d.c. with the latest developments. hillary. >> reporter: melissa, what's interesting about that decision is things have been really calm here. you can see there's protesters gathering peacefully right behind me. it's a much smaller crowd than it has been, and there's a big difference between today and yesterday. yesterday there were military officers, law enforcement essentially providing a human barrier between protesters and the white house. now, today, instead there is a fence and concrete barriers that they extended around the white
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house. but almost all the way to the washington monument, expanding the perimeter that's behind the fence instead of having military officers alongside the white house on every side. we are getting new information from the department of justice who is now turning their focus on who has been responsible for violence and unrest and assault on some officers around the country. we just heard earlier this afternoon from attorney general william barr who says that peaceful protests in some cases have been hijacked by outside groups who were using it for their own agenda, provoking violence and also unrest. >> we have ed that anti-- evidence that antifa and oh similar extremist groups as well as actorrings of a variety of different political persuasions have been involved in instigating and participating in the violet activity. -- violent activity. >> reporter: and, melissa, we're also learning they're
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looking into bulk supply dropoffs of items like bricks. back to you. melissa: all right, hillary, thank you. that does it for us. thank you for watching "after the bell." "lou dobbs tonight" starts right now. ♪ lou: good evening, everybody. we've been watching for days and nights the sorry, sad sight of violent protesters and vandals and arsonists torching, looting and destroying businesses, badly injuring citizens and bystanders as too often has been the case, city officials -- most often democratic officials -- told police departments to stand down, to stand back and to let the anarchists, thieves and looters own their streets. we've been told for days now that these left-wing-led protests and riots are righteous. righteous and just, claim the radical dems and the

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