tv After the Bell FOX Business June 12, 2020 4:00pm-5:01pm EDT
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chris crisanti, thank you very very much. >> [bell ringing ] >> liz: we'll put chris' picks on facebook.com/liz claman. there is the closing bell after a rough and tumble week the dow closes up 490, s&p better by 40, nasdac a nice gain of about 100 have a great weekend. melissa: a rally that almost wasn't today, the closing off session highs after the center for disease control warned that states may need to reinfluence strict social distancing measure s if cases go up " dramatically. i'm melissa francis. connell: i'm connell mcshane good to be here with you on friday welcome to "after the bell." it was a weird day on wall street the dow was up 800-plus points at the high of the session which was really early on, one point turned negative but closes up by 477 points, the s&p up 39 at the close, nasdac with a nice rally as well up by a little more than 1%, rebounding following the worse day for the market in
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three months, yesterday. so we'll sort through it all and some detail with fox business team coverage set up for you blake burman at the white house, he has news on the president. first throw to lauren simonetti on these markets. lauren: it was a weird day. it was certainly a volatile session, so the morning you had an 800 point rebound after yesterday's 1,800 point sell-off we saw it evaporate by the afternoon and then come back again so late morning the federal reserve said it's worried about a slow return to normal and permanent job loss and you can see when the market came down and then in the afternoon the cdc said a spike in new coronavirus infections may require prevention efforts like the ones we saw in march, so very volatile and what that volatility did was it pushed the vix, the fear index at one point above 43. at the bell this is the gains that we saw the dow jones industrial average closing higher by 477 points the nasdac up 96, s&p up 39 for the week,
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not so good all three major averages down pretty sharply here making it the worst week in about three months. also snapping what three week winning streak you can see the dow's worst performer down 5.5% so the gains today that held come the close were financials and travel companies. they regained some of the steep steep losses that they saw yesterday when almost everything went down. and citigroup as you can see up 8%, united and american airlines led the broader market and nasdac. boeing actually led the dow. you can see it's up 11.5% even though it reportedly told its biggest supplier to freeze, its production of the 737 max and there are reports that senators are drafting a bill to reform plane certification. for the week boeing is down about $18. back to you connell. connell: all right, lauren thank you. melissa? melissa: growing fears of a second wave the associated press reported coronavirus cases up in
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21 states over the last week as lockdowns begin to lift across the country. jonathan siri in is in atlanta with more. >> reporter: melissa as we see infection rates beginning to ease in the north eastern states we're beginning to see some additional spikes in other parts of the country, namely states in the south and also out west. as coronavirus cases increase in texas, local officials in houston are considering a new stay-at-home order and oregon governor kate brown placed a seven day hold on new applications from counties wanting to reopen. take a listen. >> reopening comes with reallies being and that's why we are carefully monitoring the ability of our public health system to respond to covid-19 cases without becoming overwhelmed. >> reporter: however here in georgia, governor brian kemp lifted the state's shelter in order police for 65 and older net tuesday the state lifts seating restrictions on
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restaurants and bars will be allowed to double their occupancy. this afternoon the centers for disease control and prevention issued recommendations to help americans protect themselves and others as they venture out into a society where coronavirus is still spreading. >> i know that people are eager to return to normal activities and ways of life; however it's important that we remember the situation is unprecedented and that the pandemic has not ended. >> reporter: so the key recommendations include limiting the number and duration of social interactions that you have with people outside of your immediate household during the day, continue wearing face coverings in places where you can't keep six feet away from other people outside your household, and this one i thought was interesting. they had a whole section on overnight travel. in other words hotel safety, and the cdc recommends you use the stairs unless you can get an elevator all to yourself.
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back to you. melissa: jonathan, thank you. connell? connell: so follow-up on this idea of concern growing about a potential second wave of the virus and look at the impact it might have on the economy, blake burman joins us live with more on that. blake? >> reporter: hi there, connell so you've got these potential fears on a second covid-19 wave coming at some point but there is a much much different tone that is coming out of the white house today. i want you to listen here to the president's top two economic advisors as they say the health experts that they are talking to are suggesting otherwise. watch. >> i spoke to our health experts at some length last evening. they are saying there is no second spike. let me repeat that there is no second spike. >> there really wasn't a change in the data that was striking it out to justify the kind of movement in the market we saw
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yesterday. >> looking forward to later this summer the big celebrations for the republican national convention will now be held in jacksonville, florida not charlotte, north carolina as president trump wants a packed arena. the democratic governor of north carolina would not yet give the green light for that at this point, instead saying he would let the data and the health experts lead the way on the decision, so the rnc called into jacksonville and rnc official describing the benefits this morning to me this way saying it's the president's home state and a critical state for the path to re-election, with that the rnc also feels they get a bit of two-for-one here as georgia is in close proximity as well. the officials said a good space of options are there as well between the five star veterans memorial arena along with minor league baseball stadium and there's an nfl stadium there and they describe the local leadership as "extreme ly welcoming." now jacksonville's republican mayor says there is one health metric in particular that they are going to closely watch.
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>> so while we know the virus is with us and is going to spread the key to watch is hospitalizations and our hospitalizations are down. we're going to continue to monitor that. >> reporter: connell, melissa, the rnc also believes that by moving this out of charlotte into jacket is a roughly $200 million economic gain for northeast florida and conversely a loss for the tarheel state. back to you. connell: blake burman in washington, melissa? melissa: here now is steve forbes, forbes media chairman. now steve, talking about this whole spike, not a spike back and forth, the wall street journal wrote an op-ed and they say cases in texas have increased by about a third in the past two weeks but so have tests. a quarter of the new cases are in counties with large prisons and meat packing plants that were never a force to shutdown.
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also talking about hospitalizations, the number of hospitalizations in texas, for example, per cap capita is still 80% higher than here in new york where our governor was bragging how we're doing it right what are your thoughts? >> i think that we see here the differences between governor s of various states like texas, florida, and others. and then new york, new jersey, california and oregon and the fact of the matter is that the openings that we've had in these states like texas and florida absolutely justify as you indicated from that article the spike in the rise in the terms of cases is because the testing is more extensive. in arizona for example, we have people coming in, u.s. citizens and green cards from mexico where the hospitalization system is overwhelmed so we don't have the kind of disaster in the country that we had in new york particularly last march, so i think the opening should continue. people know in certain situations you must wear those masks, wear those glove,
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wash your hands and keep physical distancing, a little common sense and the price we pay for keeping the economy closed, vastly exceeds these decreases in cases. i don't want to underestimate at all the severity of this disease , but the response to it in some of these cases has been severe and one thing that won't happen there won't be a national shutdown and two, melissa we aren't going to stuff people as new york state did into nursing homes which led to thousands of unnecessary deaths. we know a lot more now and we can respond more in a precise way than we could have in march or april. melissa: so is it a larger point , we can all pull out stats and quibble about well it's more tests it's this or that, but the real point is that the first time around, we didn't know much about the virus and we didn't know how much people were
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getting it from each other, who is the most vulnerable, all these sort of things, if you should go to the hospital or not which it seems like you should try to avoid that. we didn't know these things but this time, if there is a spike, we do actually know how to deal with it and who needs to really cocoon at home as opposed to who might get it and get sick but is not going to end up dying >> precisely we also have now hundreds of thousands of tests that we did not have in march or april so we can get the data that we couldn't have then and we also know about the better way of handling hospitals or nursing homes so we do know a lot more so we can have precision of strikes you might say against the potential hotspots without damaging doing unnecessary damage to the economy. i think what hit the market yesterday was not just the idea we'll have a national shutdown, the treasury secretary is right, but i think there's a political
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situation we have two choices coming up in november, european style, heavy taxation, heavy burdens on individuals and businesses, versus the exact opposite the more traditional american way, i think that's going to weigh the uncertainty of what kind of economic environment we'll have next january uncertainty is not good for stocks. melissa: yeah, do you think the situation in seattle at all weighed on the markets watching an area actually try and implement this idea of not having police? >> well you don't see that in the rest of the country. i think seattle will be an isolated case, and this is a situation where washington and the white house should just wait the thing out. let it collapse on its own as it certainly will. don't make a precipitous move, this thing is going to collapse on its own and the key thing is then you can make a move and have public support for it, let the thing play out, and it's not going to hopefully it'll get a
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semi happy ending on the i don't believe it will, but it's going to be a lesson for the rest of the country. you don't let anarchists take over a place it's not good and i think it's a lesson that the voters are going to take to heart this november. melissa: how confident are you in a recovery in the cities first ravaged by the virus an shutdown and then by the civil unrest and the looting that we saw? what do you think about those major cities like new york but elsewhere, chicago, minneapolis that had suffered? how long of a road back do you think it is? >> thankfully this is a very big country of 333 million people, you're right those cities are laggards not only from delayed openings but from what happened with those protests we had rioters do severe damage and the response of officials there were absolutely dangerous and negligent and so yes they will lag the rest of the country but that means it does not mean our
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economy as a whole is going to be dragging. i think the american economy as a whole is going to do well. we've had situations in the past where certain parts of the country are not doing well but the country as a whole did do well. i think you're going to see it with cities people are moving out businesses are going to move out but the rest of the country is going to do better. melissa: steve, thank you for that. connell? connell: we will have more, melissa on what you and steve were talking about as protesters occupying the streets of. demonstrators able to see several blocks from that city, capitol hill region after successfully pushing some law enforcement officials out of the area's precinct. we'll have the latest and take you there live on what's being called a police-free autonomous zone. plus a sign of optimism? well the tsa screening more than half a million travelers at airport check points, first time that's happened since the pandemic hit. now, the agency does say the
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population shrinking over the past several years taking a toll on businesses, grady trimbu l is live in rockford, illinois one of the hardest hit cities with the story. grady? >> reporter: melissa, charleston, west virginia was the fastest-shrinking city in the united states in the last decade, but two illinois cities found themselves cracking the top 15 of that list that frankly, no city wants to be on. decatur coming in at number three, losing 7.1% of its population, from 2010-2019 and rockford, illinois losing 5% of its population in that same time period. these two rust belt cities were once reliant on manufacturing and farming. they were booming as you can see in this 1949 promotional video for the city of rockford, but over the years here in illinois, the taxes have gone up , the job prospects have gone down, and when those jobs disappeared the people left with them, and in fact in april, the unemployment rate here in rockford was 22.4% that's more
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than 7% higher than the national unemployment rate, but if you talk to people here in this city , they will tell you this is a city that's seen transition and transformation. they've been revitalizing this downtown area where we are and trying to attract big employers. >> a lot of manufacturing jobs have disappeared, there are others coming in like ups and they're working there, so the manufacturing jobs are being replaced and we're getting new jobs. >> reporter: but it's not just the small cities getting hit. there seems to be an exodus from large midwest cities as well four of the five fastest shrinking large metropolitan areas in the last decade also in the midwest including detroit, cleveland, toledo, and st. louis melissa? melissa: all right grady thank you. connell? connell: well it's that time of year where the school year is coming to a close.
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its been a different year for many students as that happens the $18 billion summer camp industry is bracing for massive changes this year. we'll have that plus a growing number of states now warning residents of an unemployment scam with major implications for a wallet. i have an idea for a trade. oh yeah, you going to place it? not until i'm sure. why don't you call td ameritrade for a strategy gut check? what's that? you run it by an expert, you talk about the risk and potential profit and loss. could've used that before i hired my interior decorator. voila! maybe a couple throw pillows would help. get a strategy gut check from our trade desk. ♪
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connell: so it is a summer really like no other as we have reached the end now of a school year that was disrupted by the coronavirus pandemic. this new jersey-based camp is hoping it can bring some sense of normalcy to its campers this summer as jonathan gold joins us the ceo at oak crest day camp. good to have you on jonathan. i know you guys are allowed which is good news for you to move forward. i moved on the 6th of july with summer camp but some other people in your industry decided we're not going to do it this year.
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we just can't get it done. you're going forward. what was that decision-making process like as you worked through it here the last few weeks? >> well we've been going forward since really since the end of march. our group and a group of kids in new jersey have been planning a detailed response to this for about two months. in fact we've been working very closely with the state on it and i'd like to congratulate the governor and the health department for coming down with the regulations that are actually workable, they are going to allow us to operate camp this summer una safe manner but also in a manner that's going to allow us to deliver a real quality product for our customers. connell: so there are two sides to this and you talk to parents you hear right away, on the side where everybody has been stuck in their home for so long and i know i'm sure that the kids feel this way but the parents certainly do just take them away for a few hours i just want to get them out of the house and on the other side is what you said is okay that's true but you have
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to do it safely so how are you balancing it this summer? >> it's really interesting i think that sentiment is starting to shift a little bit now. we're seeing a lot of parents calling over the past few days, the weather has gotten warmer. i think people are more comfortable now that the new guidelines have come out, and we're seeing a lot of interest in camp initially we saw a lot of people pulled out so it's sort of a marry go round of where we have old customers coming back and new people who are realizing that it's just not healthy to keep your kids inside for this long. children like all beings need to play when they're young just to socialize and to develop, and by the time we open camp on july 6, children will have been in quarantine for almost four months and that's a really long time. connell: it is a really long time. we have video up i guess of past years at your day camp. how will it be different? will it be different at all this summer?
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>> it will be. our groups are smaller and that's been mandated by the state. we have to, we're doing a lot of sanitizing all around, a lot of hand washing everywhere we go, the essential group each child is in a group of 10-12 children and that unit is moving around camp pretty much as a family unit and that's one of the big changes. our website in fact shows that oak crest day camp.com we have a full booklet of all of the regs and how we interpreted them and how we're managing this summer. connell: interesting i was going to ask you a few business questions you answered one of them already. things like demand you're seeing has shifted in your favor which is interesting the last couple of weeks. did you have liability concerns as a business as you were putting together some of your plans saying to yourself we better be careful somebody might sue us? with the virus going around how did you work through that? >> well we have liability concerns every year. we manage risk for a living
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that's what we do. kids are swimming, climbing rock walls going down ziplines riding bikes in the woods. we manage risk every single day, every summer we plan all year to manage risk, and if you look at covid data, and the way the disease has sort of gone through its cycles and where we are now we feel these that have come down make this risk very very manageable and we'll make it as safe as possible this summer for the kids to come here. connell: all right, sounds like the phone is ringing off the hook there but maybe more people signing up, jonathan thank you. that's good, you've been doing this a long time i hope you have a great summer. melissa? melissa: restless in seattle protesters taking over a city block, rolling out a list of demands. we'll take you to the so-called capitol hill autonomous zone. that's next. plus the movie business getting the green light to resume filming today in one key state with major changes in
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connell: to seattle's autonomous state now, protesters seizing a six block radius in that cities capitol hill region after they push some police out of the area dan springer reporting on the ground in seattle and he has the latest. >> reporter: we're not going to let seattle be occupied. >> reporter: president trump says he'll take action if seattle officials do not after protesters take over part of the downtown area declaring it a police-free zone the capitol hill autonomous zone also known as chaz is named after the cities capitol hill neighborhood and for four straight days protesters occupied several blocks including a police precinct. president trump: if there were more toughness you wouldn't have the kind of devastation that you had in minneapolis and in seattle. >> reporter: the cities mayor defended the protesters calling
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them patriotic but she says they are considering when to bring law enforcement in. >> they are going to need ongoing assessment about when it be safe and appropriate for them to move in there, including response times and the like. we don't want to introduce additional flash points. >> reporter: officials vacated the area on monday hoping to put an end to the violence but the cities police chief says the decision to leave the precinct was not hers. protesters called on both the cities mayor and police chief to resign. >> every single person here has their own mission. >> reporter: while some are in support of the protesters others are not and some neighbors say the protesters described as festival-like are hurting the community. >> the amount of trash and graffiti, the lack of respect for the small businesses that were here, it hurts. >> reporter: protesters have come up with a long list of demands for officials including abolishing the police and the court system. in seattle, dan springer, fox
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news. melissa: the seattle successioni st, that's the what the wall street journal editor all board is calling a group of activists in the autonomous zone here now discussing is kim stros sel, member of the wall street journal editorial board and also a fox news contributor. they have a lot of competing causes in here, and maybe that's one of the challenges. not only do they want to get rid of police but they also threw in they'd like to have free college >> hi melissa and happy friday. i think that that list that people are now talking about kind of gives a flavor with the real agenda behind all of this , and what may have sparked it is racial unrest, and the tragic death of george floyd , but this is a group of people allied by a common cause of free college progressive ideals, abolish the police, and it goes on and in terms of how they want money spent, so this seems more about a broad
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political ideology than it does the moment that everyone else is discussing. melissa: and to that end, there are black lives matters protesters there who are quoted as saying that they're angry that this group co-opted the movement away from what it was supposed to be about and took the attention off black lives and off racial unrest with the police and put it on all of these other things, and that they've sort of taken away the momentum. what are your thoughts on that? >> well, right and i think that's why it's important, sometimes we get sloppy with our language and i hear people calling these folks protesters. these are not protesters. they are successionists. protesters meet in an area and hold their signs and chant for a change in policy. these are people who have taken over an area, subverted this thing, the social compact we have in democracies, the folks and businesses of people who live in that area
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voted for elected representative s who then enacted laws that are supposed to govern and they've now been told that none of that apparently counts and these people will be their leaders. this is not how things operate and it's very different from a protest and it is diverting attention away from the more pressing issues right now. melissa: so at the same time if you look at it from the other angle the mayor and the governor both appear to support it, they talk about supporting it, even though people in the group are calling for the mayor to step down, but still she says this could be the summer of love , that they basically have a right to do this and they aren't doing anything about it. why not sit back from the outside and watch it unfold? as they say they want a zone that's free of police, why not let that experiment go forward and see how it works out. >> well again for the reasons i just pointed out. the real problem with the mayor 's attitude is it's
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another abdocation for her to enforce the laws again that the people of seattle and residents of washington state including the people who live in that zone have chosen for themselves. we can't have a system in which people randomly wander around. what if i come to your house melissa and i was like this is now mine and you will operate under my rules. this is why we have everything from property rights to rule of law. i think the easiest way to sort this out is indeed for the mayor to stand up and get the police back in this precinct and make clear which rules of society dominate here and it should not be one by a group of just people who decided they were going to take over. melissa: can you brilliantly point out that there's a difference between the community deciding they want to go in a certain direction and getting together and people voting on that which is what our country is supposed to and any democracy is supposed to be about. a community can vote together they don't want to have a police force and if enough people vote for it more than those who vote against it then maybe they don't
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have a police force but that's not what we're looking at here at all, right? am i understanding your point? >> no that is exactly my point. look, if these people want to live in a way different than everyone else go buy yourself a piece of property and make a com munal agreement this is how you'll conduct yourself as long as you don't break any other laws of society. that's a very different thing from saying we are now taking over six square blocks that belong to other people. by the way people own buildings in there and they own apartments in there and they had chosen those places to live because they want freedom of movement and they have businesses where people are coming to do with them, all of that has been impeded by checkpoints and folks saying we have a new set of rules. you don't just get to go do that in society. that's why we have rule of law, so this is an afront to many people, the people of seattle, people of washington state and the mayor, and the governor have an obligation to put an end to it immediately.
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melissa: you also make the point i saw on twitter that democrats response to this is very different from other areas where people have refused outside authority or where there have been protests. >> well absolutely and the example i was citing because i'm a big believer in having a single standard, not one that just fits the moment, and i don't remember democrats having an attitude this was just a block party or a summer of love back when there were angry ranch ers occupying the national refuge. i remember our editorial board we were post at that time, we were opposed to this now, because again you can't just have random groups of people going in and saying we'll have rifles and set up a new regime here. all right? we have many many processes by which you can engage with the democracy and attempt to change it if you don't like what's going on. run for office, start a petition , go out and vote, throw
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out the people you don't like, but just simply taking over areas and saying we are decree ing new rules? that is just not something that's on. melissa: kim strassel, thank you , we appreciate your time today. connell? connell: all right, melissa taking advantage of outdated system, there are scammers who have been targeting unemployment , benefits across the country and this is leaving millions of paychecks at risk so we'll have that, plus reopening on hold, health concerns and a spike in cases putting at least one state's economy back in limbo. stick around. introducing new voltaren arthritis pain gel, the first and only full prescription strength non-steroidal anti-inflammatory gel
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melissa: scam era letter as more than 44 million americans file for unemployment benefits due to the pandemic state claims are starting to pop-up edward lawrence is examining the scam's targeting the jobless in several states. edward? >> reporter: yeah, exactly, when you push $2.3 trillion into the economy through the cares act you're seeing ugly part of that now unemployment fraud is on the rise here, you talked about seattle, washington state reported that it paid 550 million to $650 million in fraudulent unemployment claims and the state law enforcement has been able to get back about
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330 million of that but that leaves hundreds of millions of dollars still out there and un accounted for. now a few states seeing issues, massachusetts reported a significant rise in unemployment fraud. maryland finding a website claiming to help people file for unemployment but all it did was get personal information to steal money from the government, florida, rhode island, also reporting a rise in fraud and now bruce nabinsky was the governors forensic accountant and the solution is more training for more people and upgrading technology to prevent fraud. >> a person claiming has one bank account and using that same bank account for multiple people is a red flag or for instance, using artificial intelligence or an algorithm, if multiple claims are filed but using the same phone number which fraudsters will do they don't want the unemployment person checking on a claim, and saying wait a second i didn't file a
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claim. >> reporter: and that is the systems are new upgraded systems could track for that and dubinsky believes it's a numbers gain when talking about north of 44 million unemployment claims, systems can be too overwhelmed to prevent fraud if you have a thousand fraudulent cases, for example, claims filed and 20 get through that represents a lot of money in fact criminals are using the same information in one state to another state because most state systems don't talk to each other so it is becoming more prevalent back to you. melissa: edward, thank you. connell? connell: all right, more now on that warning we mentioned earlier from the cdc revealing today that stricter coronavirus measures might have to be re-implemented in order to avert a second wave across the country and this as the state of oregon is already putting some of its reopening plans on hold after a spike in new cases there. we're joined now by the johns happen kins center for health
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security scholar, dr. dal ja, it's good to have you back on the show. before i ask you what we should do about a potential second wave let me ask you about what you're seeing in the data this week in certain states. should we be worried about what might be described as a second wave of the virus based on what we're seeing so far? >> there definitely are states where we have to worry about what might happen to hospital capacity. for example, we're hearing about an up-tick in cases in arizona, where there is pressure on the hospital systems, we're hear ing about problems in texas as well in houston and harris county where there is high icu bed utility specialization the percent positive it of tests going up meaning the tests are coming back much more at a higher rate than they had been in the past we're hearing about that in utah as well and even parts of oregon as well and this is going to be what we're going to see as we move forward that there are parts of the country where this flares back up because social interaction is going to allow the virus from person to person and the key is keeping those numbers down so that our health department, contact
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tracing teams can do their work as well as keep our hospitals in good shape. connell: all right now to the how, we do that, because there's been talk this week about the idea that we might and the cdc alluded to that, to have to go back to the measures we put in place back in march and that was pretty much a shutdown of the entire country. would we ever have to do that again, or could you, to i think the point you were making hopefully handle this regionally when the cases spike up in an area? >> i do think as we move forward in this pandemic any other type of enforced social distancing will likely be very precision-guided and much more surgical than blanket. many people have realized that some of those orders that were blanket weren't necessarily necessary in all parts of the country so i think there is an understanding that we can do this in a more nuanced way where we're actually targeting those activities that are going to lead to the most amount of cases, and hopefully not have to return to those , the days of economic shutdowns. connell: is that one of the lessons we learned that
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maybe the shutdown was too broad we focused so much on the timing of whether we should have shutdown earlier or that kind of thing but was the shutdown too broad geographically do you think? is that fair? >> i do think that many governors were influenced by what was happening in new york city where they were clearly in crisis there and if something didn't occur there you would have seen hospital systems collapse. the question was, how was what happened in new york city in the surrounding areas to the rest of the country and even within states we see very letter o genius outbreaks where, for example, in philadelphia, they might have more cases than in pittsburgh, but the same policies been put in place in both cities and i think that there is much more understanding that we can do this in a nuanced way that's driven by local transmission dynamics driven by local health department capacity , and driven by local hospital capacity and i think that's the lesson that we should use going forward being very precise and doing the best we can to try and strike this balance between reducing the harm from the virus as well as allowing our hospital s and allowing our economy to function and get people to get back to their
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lives and livelihoods. connell: even at the beginning of this we heard so much about what you're talking about now. hospitals, can they handle it? we did even if there were rough moments and plenty of them especially in this area of new york, but we've made it through that. when you look at those states you brought up earlier, which of those stand out as a real concern? any, are we at a point where we're at a flashing red light in the state or yellow light, like arizona for example, is 80% capacity something like that. >> so arizona is one that i'm more concerned about because we're hearing about for example, icu surge capacity plans being enacted at banner health and the arizona state department of health talk about other hospital s going to emergency operations and thinking about reducing the number of elective surgeries and procedures going on so that's the place we don't want to be. we don't want other health conditions to suffer because of covid-19 and that's why it's important that when these cases occur, that our health departments are able to trace
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these contacts and stop chains of transmission before they bubble over into hospitals and we don't want undetected chains of transmission that's really the danger that's what got us into the place we were in march so we want to be very aggressive with cases as they come down. connell: and at the risk of being repetitive i want to end on this because i think it's important. your bottom line is you think we can avoid another shutdown, we can handle this? >> i do think if we have a proper healthcare capacity and hospital capacity we can avoid broad economic shutdowns and do this more precision-guided that's the hope and the aim with what we're doing now. that's why the cases have come down because of the social distancing, we don't want to go back to where we were so we want to be careful and people need to behave because the virus is still out there and it's going to spread and we want to make sure these cases stay low enough connell: fair enough we always appreciate it. great analysis from an expert right there, thank you, sir. melissa? melissa: hollywood film production restarting today, with the new protocols that
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connell: fox business alert are, "the wall street journal" is now reporting that the state of california is investigating amazon's business practices. focusing in part on how amazon treats third party sellers. the stock down just slightly in after-hours trading. melissa. melissa: after a three month hiatus, hollywood is restarting production today, but it will come with new protocols insuring the safety of actors and the production crews. gerri willis is live with the details. i cannot wait to hear this, gerri. [laughter] >> reporter: so tenant, the spy thriller, here is the trailer. listen. ♪ ♪ >> not everybody does.
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>> all the ingredients to be a summer blockbuster, a respected director, christopher nolan of black knight and dunkirk fame, robert pattenson and a heavy weight studio. movie production and movie theaters allowed to reopen in california after 13 weeks in mothballs due to covid-19. the stakes for the director and the industry could not be higher. listen. >> innovative, original concept, sort of time travel thriller, and he's convinced that this is the film that will sort of get them out of quarantine into theaters. >> reporter: but it also, in fact, l.a. county where the movie business is is the third biggest industry employing 5,000 small mom and pop businesses and 2,000 -- pardon me, 26,000 people. the losses to the global
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industry about $5 billion. but life in the industry for movie fans will be very different. movie theater chains warning of possible bankruptcy, expecting to spread out seating for audiences and require masks unless, of course, you're eating popcorn. and shocking changes in hollywood for movie production. sex, for example, is out of the picture. listen. >> we don't think we'll be seeing a lot of scenes written for romance, close physical contact between actors at least in the immediate future. we do know that frequent testing will be required for actors because they will be in closer contact than most of us will. >> reporter: and it's not just romance being written out of the script, melissa. those big battle scenes, you can't do those anymore either. back to you. melissa: thanks, gerru. so,com, no battle scenes --
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connell, no battle scenes and no sex scenes -- [laughter] i wonder how those productions are going to do. it'll be interesting to watch, it will also be nice to be on a news show that is competing with such entertainment if they're going to take all the sex and violence out of it. all right, that does it -- [laughter] ♪ ♪ lou: good evening, everybody. radical left democrats are in their moment, but what will be the consequence on election day? for two weeks city after city across the country was hit by demonstrations, protests and rioting and street violence, and the mayhem captured the nation's attention without doubt. and so did the obvious conflicting objectives of many of those leading the demonstrations and the groups, the groups they represented. and, yes, the riots leaders as well. and now that a relative calm has is settled upon the nation, there is in seattle a curious spectacle underway.
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