tv Cavuto Coast to Coast FOX Business June 22, 2020 12:00pm-2:01pm EDT
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ashley: all right, as we head toward the top of the hour, a quick look at the markets. managed to turn it around ever so slightly. dow up slightly. nasdaq leading the way, up half a percent. stuck between the economic recovery and the rising covid cases. the market is in the middle. my time is up. neil cavuto. take it away. neil: there is a song like that, stuck in the middle, thank you, ashley, very, very much. i hope all is well, my friend. we're following those developments here and it's a tug-of-war among buyers and sellers here but the big news is continued reopening. perhaps no city or state get the attention new york city or new york state do. in new york city, a reopening that will include 300,000 new yorkers returning to their skyscrapers in manhattan. how many are doing so or will do so, depends on anxiety level and toleration of their losses but the process is beginning. kristina will be following that. we'll go to her very shortly.
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meantime i want to go to blake burman on this back and forth so far how the cases are going because this is happening we have had back-to-back days of 30,000 cases reported in this country. something we have not seen since the beginning of may. to you, sir. reporter: neil, yes, the number of cases growing across the country. over here at the white house though they continue to be adamant in their view, according to public experts they talked to and listened to here there is not a second wave right now. the white house view at the current moment. though we are continuing to see the economic impact of covid-19 and what it is having all over the country in just about every pocket you look, the latest example in northwest arkansas because china has come out today and said it is not going to be buying poultry from tyson foods facilities in northwest arkansas. when you look at the numbers, neil, there is a reason why because according to that company there have been roughly
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3700 employees been tested in northwest arkansas facilities. 13% have tested positive for covid-19 and among those, some 95%, 95% were asymptomatic. it seems as if the worries regarding covid-19 spread played out as well in tulsa, oklahoma over the weekend as president trump as you know held his first campaign rally there during the pandemic a very, very rare sight as that arena had batches of empty seats most everywhere you looked the trump campaign touted record demand but clearly not so come saturday evening. white house press secretary kayleigh mcenany contending this morning that the president was not, she says, disappointed. >> the president was not angry at all. the president was quite energized. i was with him after the rally. it was a huge success. his speech got rave reviews. he was in god spirits on marine one. reporter: speaking of mcenany,
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neil, the press secretary will host a briefing next hour at top of 1:00 hour. we expect there are questions about that rally saturday evening if president can only pull half-full, half empty, whatever percentage of arena, what might the white house think, president think, of hosting these rallies going forward especially considering we've seen the spike in covid-19 cases and the general recommendations from the cdc continues to be to maintain social distancing. neil. neil: all right. thank you very, very much, my friend. blake burman in the middle of all of that again. kayleigh mcenany might fell out a little bit more about the president's future campaign plans. he is looking to wisconsin and couple other states weeks ahead. we'll be following that. meantime kristina partsinevelos and the grand reopening of the big apple right now. this is a biggie because it will take more than 300,000 workers to bring them back into manhattan.
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kristina. reporter: last but not least finally new york city is stepping up to the plate in phase two. the last part or the last region of the state i should say. like many parts of the country you're seeing outdoor dining on sidewalks on streets. seeing salons open. some office space especially real estate brokers and some play ground but we're still anticipating in this city a loss potential half a million jobs over the course of 12 months. the mayor though, mayor de blasio did speak out today what this means for the city, reopening in phase two. listen in. >> phase two is really a giant step for this city. this is where most of our economy is. to keep moving forward can't be business as usual. we'll help these businesses come back. we have to be there for them. we have to give out free face coverings now, over two million. reporter: he is saying over two million face masks.
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but i think, one of the industries hardest hit in new york city is the restaurants. neil, we were trying to go around. we're in hell's kitchen known for a lot of restaurants. not many have set up the outdoor space just yet. even though they have set up the space, there are not as many people out eating as expected. i even spoke to a cab driver, who told me thought it would be a busier. comparison in new jersey last week in is definitely foot traffic there is concern it will be slow especially in this area because it is near times square and because it is near the hotels and it is near broadway. it's a slow start but a start nonetheless and they're welcoming healthy customers. back to you. neil: all right. we'll watch it very closely, kristina, thank you very much. i want to get the read from rebecca walser, walser wealth management. she handicaps the numbers and where we go from here. obviously people returning to
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their offices. they will be very different offices and different folks in those offices and i'm wondering on the productivity level, even with the new rules, capacity, all of that whether you'll see, you know a boom in activity and kind of turn around that the president wants to see, what do you think? >> you know, i would love to see that neil. i'm not expecting it now because we're focused on the spike in new cases that could be put into perspective a lot better than it is being. i don't expect the big boom to come back to new york city. i think it is really reticent. we're talking about the restaurants with piece that kristina did. where the liquor sales made money. bars, happy hour, after the restaurants will start to pick up their profitability margins. so we'll have to see if people go back and feel open to actually, you know, lingering and getting some drinks with their coworkers. maybe they will need to drink, right, neil? neil: i don't know about that but one thing that is kind of interesting, you and i have gotten into it before
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expectations versus reality. expectations are that you're going to see a smart recovery, certainly in the third quarter. things will really pick up in the fourth quarter. then the president was indicating this past weekend, we're really going crazy, you know, in 2021. do you subscribe to that sort of rollout? >> you know, neil, all of this so much depends what happens with the virus. i am a believer. if you look at data behind the case spikes. i look at hospitalizations, certainly the deaths going down. the united states is not first time ever leader of deaths worldwide. if you look at deaths, look at hospitalizations, you start to see new cases are much more of a function of broader testing, more asymptomatic people that will not lead to hospitalizations and ultimately death we pray. so that's what i see. because of that i do think the economic activity will get back to a good pace and that will enable us to have those recoveries that we do expect will happen. so i don't know the timing
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exactly but i do think that the virus, increase in cases is being a little bit overplayed with what is actually happening. we have to put into perspective. the perspective you put in is actually quite good. neil: do you build in a acceptable spike in cases into your, economic market outlook, rebecca? i mention it because we were saying early in the broadcast, two days in a row of 30,000 new cases in the united states. something we have not seen since the beginning of may. now i'm told by a lot of, you know, top mem types that is within kind of the level of upticks that we would have expected with the reopenings going on but again that's a backdrop that is proven very stubborn in a lot of metropolitan areas in states likes texas and arizona and arkansas and oregon and utah and i'm wondering why the markets ignore that, or is it because we
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could deal with this, these numbers seem manageable? >> yeah. i think that, you have a battle going on here, neil. you really truly do. one narrative this will be the worst thing. we'll have a second wave. we're never going to have new normal until we have vaccine everybody can take it that is a battle that battling another perspective which is exactly what you just said. it is within the realm of expectation. it is manageable. our hospitals are not overrun. this increase in population, getting back to normal will make more testing that we're doing, show more results but a lot of these people are not exerting the symptoms of the first round or whatever you want to call it, the initial wave that we had with really severe symptoms. we're talking about different risk categories, with younger people testing now more positive than the older people where risk factors are a lot higher. the battle is happening and the news, and that is making investors and consumers which as you know are 2/3s of our economy
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potentially reticent to resume life as normal. which is the clear winner what actually emerges people will hopefully feel ready to go back to life as normal and we need them to be spending again, neil, and that is what we need the economy going back at full speed, whatever pace that takes. neil: we'll watch it closely. rebecca, good seeing you again, thank you very, very much. >> thank you, neil. neil: rebecca walser. i want to look at the restaurant reopenings and obviously very close to the fire herself and just trying to get a gauge who polices the capacity issues, the distancing measures here? what if a restaurant makes a mistake or whatever, what kind of legal hell is there to pay. you know we're looking at a lot, camilla, and i'm wondering what your early read is of things especially in new york as they get set certainly for indoor dining i believe in new jersey, for example, it is going to
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start the first full week of july. in new york it is already kicking in with outdoor dining. soon indoor dining, but again who polices these guys because they feel like they're trying to do everything according to the book but then what? >> thank you for having me back. it is a complicated issue. it was a really big win to move to outdoor dining of phase two. it was originally not to be in that phase. it's a big win for restaurants. it's a step forward. it is certainly not a silver bullet. we have small spaces, small sidewalks. open streets are only selective streets in the city. with something like 30,000 restaurants across new york, that is not everyone of course. my own restaurant, 1000 square feet, a street that is not shut down and you know, very limited capacity outdoors given the regulations. it's a step forward. we certainly see it as a bridge, olive branch and bridge helping us get back towards our feet.
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it is difficult. it will be hard to manage. the executive order released this order from the governor does put these things on, i believe it is 100 feet in and around your location squarely on the restaurant owners it is a huge burden. we're at very strong limited capacity which has been crippling to our -- [inaudible]. most of us don't have even a fraction of our teams back, even though outdoor dining has been reignited. we're still talking sub50% capacity even with outdoor dining. to then put the burden on controlling social distancing and gathering it as heavy burden on a private actor. neil: i wonder too, camilla, to your point, a lot of restaurants will beg, borrow steal, to get outdoor dining space, buying available parking spaces if they can work something out. it's a lot easier said than done. to your point, some have
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adequate outdoor space. some have none at all. it is not a fair fight, is it? >> you know, like i said, it is a small step forward but certainly not a solution or a silver bullet. not massive capacity restriction for an industry shut down for better part of three months. think about 50% of your income, after having no income for three months, having all the stay the same. that is what the industry is facing. on flip side, you never meet more innovative hustling, hard-working people whatever it takes. we repositioned our restaurant west born, in a annex to provide independent suppliers and provide something positive, nourishing, for the neighborhood including a local farmers' market in greenwich village. everyone is trying to bend over backwards, pivot, adjust. you will never meet a more enterprising set of owners and entrepreneurs and this is where the city should be doubling down
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investing in infrastructure relief package for our industry, specifically which is what we're calling for the last three months. neil: even some conservative figures, one out of four restaurants likely permanently out of business as a result. i am just wondering what you make of numbers like that and whether, even a slow and steady reopening will do the trick? >> i think that the numbers are probably more dire than that. i like i said there is -- industry specific restructuring plan to date at any level of government. there is a real concern about additional shutdowns which is a big concern. -- a lot of liability overhang in all of this which i know you alluded to. again we're looking at an 18-month problem for our industry in a very tight cash, sort of business and again, i don't think we offered full solution and package from our
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government that we need. you know, massive amounts of jobs rely on it. so much of what we contribute to the economy. so you know, i do think outlook is still quite bleak. these measures are as i said small steps and certainly positive but, you know, we have a lot of wood to chop. a much larger solution is necessary. the problem is much bigger than after -- [inaudible]. neil: we'll watch very closely. camilla, hang in there, i'm sure it will work out, but, man, has to be nail-biting time. we have a lot more coming up including the push to take confederate statues down, portraits ever former speakers of the house, but teddy roosevelt? they told teddy, are you ready? sail into the sunset. why? ♪
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find a more agreeable date. this spillover continues. we'll keep our eye on other events that might be delayed. in the surprise development, teddy roosevelt getting caught up in the controversy over old images. technically not slaver very, the statue of him seeing on a horse, one either side of him, one african-american and one native-american. this is maim has stood better part of 80 years. they want it gone. for the rough rider it will be a rough gallup into the sunset s that fair or right? an arizona republican joins us right now. what do you think, congressman. >> i don't think tearing down statues or defacing statues solves anything. it is very surface level. you need to work on things in a bipartisan fashion. i hope we can do a policing
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reform bill in a bipartisan fashion to solve some of the problems. but also things like my pastor at my church is doing. he is reaching out to black pastors in our community. has met with them two times now. we need to come together and talk to each other. tearing down statues is not the answer. in fact, all it does, it divides us more because the sides really dig in their heels and make it worse. neil: you know what is interesting, when i first heard about this, congresswoman, i thought, is there some, you know slave component which i'm not familiar with teddy roosevelt. but it was that particular statue outside the american museum of natural history on central park west that gall ad lost -- galled a lot of folks that it did not put native americans or african-americans in a good light f that is the standard, it is expanded
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mightily right? you might have seen that nancy pelosi removing portraits of former speakers who were very much attached to the confederate movement and slave-owning movement. where does this go? >> well it is not a good idea obviously for people to tear down statues and erase history. it will not solve anything. i heard in san francisco they tore down a ulysses grant statue. he was with the union army. so i don't, maybe they don't even know what they're tearing down. i have no idea. but it makes no sense at all. you know, this isn't going to self anything. the thing is, there is one thing to have peaceful protest what is you believe in and another thing to have a looting, defacing statues, tearing down statues, fires, that is why, you know, i have said, i'm for law and order. i'm for law enforcement.
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i support the law enforcement officers. now if there are bad actors, they need to be terminated and held to justice. but all this looting and stuff, like i said, people in my district, are just mad about it. it is just going to divide us more. this is not the solution. neil: yeah, i would have thought general ulysses grant was a hero because he commanded the union army against the south and led the charge to eradicate slavery. that is a mystery to me. real quickly while i have you, i know you were in the tulsa audience this past weekend, and you heard about the crowd and all of that, we're told that the president isn't upset about it. other reports say he was livid about it. what happened? >> well, i was there and there was thousands of people. there was a lot more than the 6200 reported on media. there were thousands of people there very excited, a lot more
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than joe biden has, what does he have three people around a table or something. so all this obsession by the left about oh, it wasn't crowded, they show a picture of one guy who was way up in the very top, all by himself, kind of portray, oh, it is empty, that is ridiculous. it is so biased. there were thousands of people there. now were there 100,000 people there? no. that wasn't the case but can you blame people? i mean, there are coronaviruses going on, riots are going on, fires are going on. the average person is probably saying you know what? i'm going to watch it at home on tv. neil: well it works for nascar, doesn't it? people are okay watching nascar on tv. if you see it without an audience it is one thing but what advice would you give the president future rallies to check the crowd, make sure everything is taken care of? or, how do you handle that going
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forward? >> you know, no matter what the president does the left is going to criticize him. they will find something to criticize him. it wasn't that long ago they impeached him you know, so that is like past history it seems like. and now we've moved on and every single thing that he does, that he tries to do, they criticize him. so my recommendation to him, is keep moving forward. stay strong. keep doing the things that americans want, like, we're going to the border. i'm hoping i'm going with him to the border in yuma tomorrow, yuma, arizona, he has gotten a bunch of the completed. a bunch of the wall. that is what he promised to do. that is what americans want. neil: we'll watch it closely. congresswoman, always great to see you. thank you very much for joining us. meanwhile at the bottom of the screen as the congresswoman was speaking the dow has a little bit of steam. microsoft, apple, two key components, technology component at that might be driving this.
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neil: maybe all of these peaceful protests in seattle were not such a good idea reassessment going on after a pretty violent weekend. let's get the assessment from dan springer and what the mayor and governor are saying now. reporter: several residents are telling us, this was bound to happen, another night of violence at the capitol hillock pages protest zone. down where we are, a 17-year-old was shot last night. early saturday morning two people were shot. police were trying to get to the victims but were unable to do so. >> please move out of the way so we can get to the victims. all we're trying to do is get to the victims. reporter: this bodycam video
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shows seattle police walking into the occupied protest area but then getting blocked by an angry crowd. two people were shot. 19-year-old black male was killed. a 33-year-old is in critical condition but police never got to either victim. more bodycam shows them retreating back to their vehicles. members of the mob still approaching them as they backed up. paramedics were prevented from going in because they must have a police escort to go into the chop. police decided it was too unsafe. volunteer medics drove both victims not hospital. police are saying very little about each much the shootings. investigations are made more difficult because they can't even process the crime scenes and witness interviews are next to impossible. we spoke with a man who rents a house inside of chop. he can't believe the city is allowing this to continue. >> somebody died in there. someone is critically injured in there. someone has been sexually assaulted in there. my property has been broken into three times. who knows what other crimes have
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been committed in there. it's absolute despicable. reporter: over the weekend washington state governor jay inslee said basically it is the city's problem. the city's mayor general general any durken said things will change. didn't specify what that means. the protests will continue. the chop leadership, says whatever that is, says the shootings appear to be gang-related. neil: dan, thank you very much. we'll keep an eye on that, lost in the sauce what was going on in chicago another violent weekend where 16 were killed in shootings, another 30 injured. gianno caldwell worries about stuff like that because it doesn't get traction of media attention other incidents do. best-selling author. fox news political analyst, with us. gianno, that was almost completely forgotten beside
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local press in the chicago air is sadly used to reporting these type of numbers but it seems to have escalated. what seems to be happening? >> yes. "chicago sun times," 14 people shot, three people dead, 14-year-old boy and 3-year-old girl. neil, this is close to my heart, during memorial day weekend a few years back my younger brother was in a car with two of his friends when two men walked up shot the car 25 times. he lived thankfully, but the two men died in his arms. when we talk about these subjects, it hurts more we've come through pandemic, coronavirus, kept everyone in the house, as of june 11th, reported over 1290 shot for the year's total as of that date. over 227 more than the previous year. so you wonder how is this even possible? and what i got to say is, the leadership in the city of
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chicago has failed its residents. they failed under rahm emanuel. failed under lori lightfoot who is the current mayor of chicago. it is at this point what more do you do? we do report on this there is not enough reporting on it. people are running down the streets saying we need to defund the police when that wouldn't help the situation at all. most vulnerable citizens would be impacted. this is where we need to really have a true conversation about black on black crime. we have toe have a conversation about citizens relationship with the police. it is time for people to start talking to the police, letting them know what is really going on in these neighborhoods. neil: you know, ironically, a lot of groups that don't want the police around argue we have plenty of police in chicago. they're not helping matters any. who needs them. what do you say to that? >> well, we look at may 31st, the most deadly year, in 60 years in chicago history. talking about 65,000 calls made to the 911 centers there in the
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city of chicago, 50,000 more than what they typically take in. when you hear these kind of narratives and people making these comments, you wonder, do they know anyone that lives in the city of chicago? are they in these areas that people are facing life-changing chaos? where people are fearful to leave their homes. whereas, 13-year-old girl, 13, 14-year-old girl, 13-year-old, was shot in her home, not outside playing which you should be able to go outside and play but in her very home. where are we really safe? that is the real question here. the city of chicago has to answer for that. the mayor of chicago has to answer for this. she is not making matters better. people elected her because they thought she would make matters better. she is a black mayor. seems as though black lives still don't matter to her and a lot of leadership in the city of chicago because you got people spilling over and dying in the
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streets. neil: really is incredible. the lack of attention it gets is even more so. gianno, thank you very, very much. >> thank you for having me. neil: my friend, you highlighted with every conversation we have. again those are staggering numbers. this is one weekend in chicago. 14 killed, 30 injured. we have a lot more coming up after this, including not just teddy roosevelt, not just going after former presidents, george washington, thomas jefferson. now the move to remove police cars from "fortnite." it's a game but they're deadly serious after this. ♪
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of people who were getting desperate for a haircut or sus something to improve their looks but for the people who, snipping their hair, making them look beautiful it is even better news. grady trimble with more on that. grady. reporter: hey, why not have your barber come to you, neil? you never even have to leave your house. it's a trailer on the outside but chop-chop mobile salon is a full service barbershop on the inside. because of the pandemic they had to shift their customer base. before it was corporate events, big festivals, anywhere a large group of people. now that is not really possible, the customer base has changed. today i was one of them. take a look. i'm in the trailer now. i'm getting my haircut. quiche is a keisha king the owner of chop-chop salon outside of chicago. what have you noticed since the coronavirus? >> a lot of people want barbers
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and stylists to come to them for their safety. reporter: it is pretty much a full-service salon inside of a trailer. >> it is. we have sinks. we can wash hair. we have hot and cold water. have air and heating. bathroom, entertainment system like you find in a regular salon. reporter: why is it they want to come to you instead of going out to a stationary barbershop. >> one, convince always wins and safety and comfort of our guests. having family around or having haircuts with people in the neighborhood, they feel a little bit more comfortable. reporter: they're not surrounded by a bunch of strangers? >> exactly. reporter: one added cost though, if you own a mobile salon is you got to do maintenance on it. we're actually at the rv dealership because this thing needed some maintenance today. and by the way, neil, what do you think? not bad, right? neil: i was going to say, you look very spiffy. you have to talk to flock
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because he is due for one. if you see jeff, let him know the rv will come to him. thank you very much, my friend. good stuff. looking very smart there. i want to go to super sitter, cofounder ceo. this is an interesting concept if your kids camp is down and everything else, how about bringing the camp to you? i'm kind of over simplifying it but seymour, how does it work? seymour, can you hear us? of course not. we'll try to fix this. we'll go back after a break. i want to get your attention to the corner of wall and broad now. microsoft, apple both up now. there is optimism that apple will be able to ward off some critics or press especially from sometores and and those who put apps on their site. microsoft has a very promising
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icloud business model getting a lot more attention. so we're on that right after this where will you go first? wherever you make go, lexus will welcome you back with exceptional offers. get zero percent financing and make no payments for up to 90 days on all 2020 lexus models. experience amazing at your lexus dealer.
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when this crisis is don'going to be over experience amazing 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... yeah. this moving thing never gets any easier. well, xfinity makes moving super easy. i can transfer my internet and tv service in about a minute. wow, that is easy. almost as easy as having those guys help you move. we are those guys.
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gregorio. a lot of you parents that have kids missing out on camps because they're not opening up camps. seymour makes it possible for the camp to come to you. seymour, can i hear you? >> yes you can, mr. neil. how are you? neil: very good, my friend. explain how my super sitter works? >> so my super sitter is a child care company. we're focused more on the caregiver. so we give the caregiver resources they might need for a day-to-day operation. so mental and physical resources, just, vent sessions, therapy sessions, access to financial resources, that sort of stuff. and it is what we're focused on at my super sitter. neil: so, give me a couple of examples, the kind of things you do. i guess parents could sort of combine their resources to get their kids involved in something like this, but what are we
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talking about here? >> yeah, absolutely. what we're talking about now is home camp, which has been taking off for all of our parents right now. it basically gives the parents access to all of the schools they need for camp in their backyard. a lot of our clients are have pools and tennis courts and such. we're able to bring them a specialized program that they can then give to their trusted friends and family. neil: so, some of this has a steep price tag but as you indicated there are other alternatives out there and parents can combine resources to obviously cushion the blow a little bit. tell us about the interest you're getting? >> so yes, we're getting a lot of interest. we've gained about 20 new members over the last week which has been pretty incredible for us. each membership has about fourfive families involved in that. and so, what we're really focused on now is each giving,
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each family specialized attention towards their kids. so we're focused on cognitive, emotional and social development for each child in the program. that is why the price is so high. neil: you know, it sounds to me too, that this could be a good model even post-the virus and camps returning to normal, other things returning to normal. it us obviously a smaller crowd, more individual attention. it could survive this, these sheltering wave? >> yeah, absolutely, absolutely and we're able to -- we're not necessarily placing like 16-year-olds or 17-year-olds. we're working with teachers and certified sports specialists. we're working with certified swim instructors. we're really like focused on this, on this individual attention but around bringing safety into the whole thing. safety first, last and always,
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for sure, for sure. neil: it's a great idea. no, it's a great idea, seymour. >> thank you very much. neil: are you brains behind this or you and a couple buddies say hey, this is a golden moment here? >> humble brag, i will take credit for the initial idea but this idea was certainly executed by a team of child care experts for sure, for sure. not in this by myself. neil: great idea. it is obviously catching on, seymour. best of luck to you, for a lot of parents desperate to find something for their kid to do, as well as relief for themselves. you're on to something. seymour, thank you very, very much. we'll take a quick break here, right, guys? oh, we'll go to gaspo. here is a treat, charlie gas. no time for a break when charlie is coming on. what charlie is coming on we listen. they're talking about stimulus.
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given pickup in economic activity across the board, certainly more than anybody thought, do we need as much? >> i think it will be different types. i should point out that i just tweeted this out and it is getting some traction on twitter. keep an eye on the dow, it might move a little bit on this report. you never say what moves the dow, but depending what you tweet out about stimulus it will have an impact. i noticed just before there was a small pop. it may be growing because we are talking about another stimulus. there is no doubt that both sides agree, both republicans and democrats. republicans for different reasons than democrats. democrats want to get aid to states. they want to essentially rebuild the infrastructure of the states that have gotten decimated by the lockdowns. republicans quite frankly, they think that one way they can get donald trump reelected if the economy starts improving even more if we get that october jobs report which is key right before the election, get that
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unemployment number down to nine or 8%, they think they have a shot. so that's why there is going to be a i am is it us are. here is what we get. we're getting rough outlines. rubber will meet the road get graining you lar -- granular details in mid-july and it will be passed before the july recess. we're talking about looking at both sides, coming out middle at $1.25 trillion. that is what congressional sources are telling us, lobbyists working with these congressional sources are telling us. that is the number we're talking, a trillion plus. it is interesting a lot of people i know keep saying there is going to be two bills, a infrastructure bill and this bill. what i'm hearing is, when everything gets done it is likely to be in one. it is hard to get two major pieces of legislation passed, you know, on an economic issue like this given the
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congressional schedule. so it is likely to be all in one. it will be traditional infrastructure. roads, bridges. obviously that provides some aid to states like illinois, new york, california, got hammered by the shutdowns but we also understand there will be a rural broadband buildout f you cover the t-mobile sprint merger like i did the ups and downs like that, this is a big thing. they want rural areas of the country to get broadband that could be in this package. at least they're talking about it right now. we're hearing the spending package could include another round of individual stimulus checks, again if the economy starts taking off, maybe that gets negotiated down. there are reasons republicans like people with stimulus checks. that increases consumer spending. that is a big part of the economic comeback. republicans might agree on that. individual checks, spending package may also extend, i say
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likely to extend unemployment benefits but provide a back to work bonus of some type. you go back to work, you get a check instead of going on unemployment. again, aid to states is going to be in there. it is a lot of stuff in here. i think, again, both sides are approaching this differently. nancy pelosi and the democrats want to help state, help their constituency, state and local workers. they have been hard hit by the coronavirus lockdown. a lot of states had to lay off municipal workers. they want to stem that somehow with money getting to states and localities. republicans want to get unemployment down. it is a headline number, neil, if donald trump can to into november or october with an unemployment rate of nine or 8%, given all he is up against. polls are moving against him. people know that. public is not giving him high marks in terms of how he has
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based recently. that, the economy is something he can run on. neil: all right. >> i think that is where we're going. that is why we're going to get this done, the schedule rubber meets the road in a couple of weeks and july you get passage, at least what i'm told now. neil, back to you. neil: charlie, thank you very much. in interview with scripps newspaper syndicate the president is backing a stimulus check. only quibble seems to be over the amount. stay with us we're carvana, the company who invented
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neil: all right. let the reopenings begin in two of the more worrisome coronavirus states earlier on, in new york and new jersey. they are full throttle with their reopenings, particularly in the new york metropolitan area, where 300,000 workers will eventually be returning to their offices. now, that represents but a fraction of those who would normally go back when all is said and done. then there's the issue of how many can go back and given distancing capacity provisions that will be in effect, there will be limitations there but it has begun. connell mcshane on that and much more. i believe he's on the upper west side? connell: good to see you. i don't know that people watching in other parts of the country realize how big of a day this is here in new york city, a city that's essentially been
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locked down and locked up for the better part of three months. you are finally starting to see some movement here today that includes people having a meal outdoors. we will show you the setup at this restaurant on the upper west side in a moment. first we will throw up on the screen what happens in phase two of the reopening. in addition to eating outdoors, for restaurants, you have salons and barber shops. want to come in and get a clip, 50% capacity, you can do it. so not only curbside pickup, you can go in some of the stores now. big move for children, many of whom have been locked up in a small apartment, the playgrounds and also places of worship, churches at 25% capacity. let me look around here. i'm standing inside the restaurant now. only the workers are here. come out on to columbus avenue, you can see some people already set up, having a nice light italian lunch. this is a terrific place. i had a panini myself a few moments ago.
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we were talking earlier about this day, it's funny, it's exciting to just see people eating at a restaurant again. how are things going so far? >> things are going really well so far. we were waiting for this day for so long, customers were waiting for this day for so long. it's great to see people back eating, back at their favorite local restaurants. connell: including this one. i don't have time to go through the whole story but tell us briefly, you are a senior at harvard. you didn't finish up your senior year. instead she chose to stay home with her parents and they helped start up this organization, feed the front lines nyc. it raised a ton of money. how does it work again? >> you basically -- in the beginning when the crisis in the hospital was most severe, we were feeding health care workers every single day thousands of meals. now that crisis starts to go down a little bit, we are still feeding people who are working in the hospitals, we are also feeding people experiencing food
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insecurity. connell: you kept it going. >> we kept it going. people are donating money and restaurants are doing what they do best, preparing food and delivering it for those who need it most. connell: thank you. we will talk to your dad earlier on the show this afternoon. it also kept the restaurants going. money came in here so they could stay open for takeout and delivery, gave it to the health care workers and for real, you have real customers coming back. as you said at the beginning, it's going to take some time. we were walking warned in tharo neighborhood, some restaurants have tables set up in the bike lane in the street. you talk to people, they are mixed. the people who are out obviously by definition are excited to be out and are willing to come out but many others maybe are cautious or have moved out of the city and haven't quite come back yet. all of that said, it's a big day and it's the start of something that's been a long time coming in new york. back over to you. neil: i think you hit the key point. it's the start of something. that's significant in and of itself.
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thank you very very much. you will see connell in about three hours on this final station as he kicks off his show. in the meantime, i should quickly add here that all these activities, things revving up again in the big aapple, have nt dissuaded people from avoiding the big apple, certainly going back to work in the big apple, those who are renting in the big apple. lauren simonetti on that and more as the city comes back to life. i guess not everyone wants back in, right? lauren: well, that's the issue between the pandemic and the protests, many people have left new york city and other cities seeking space, seeking quiet. so you have the landlords now trying to attract new tenants and keep the ones they have, dangling perks, everything like a free peloton if you sign a 24-month lease. up to three months free rent in some cases, if you are renewing your lease, meaning you are an existing tenant, you probably
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have the best chance to negotiate the best terms with your landlord because they want to keep you. as people flee big urban areas, we are seeing rents go down. let me show you some examples. in san francisco in june versus last june, rents are down between 6% and 9% depending on the number of bedrooms in the apartment. in new york city they are down between 1% and 3%. obviously san francisco and new york are more expensive cities in the country but where are these people going? in most cases, to the surrounding suburbs. let me show you this. those rental prices are going up. take a look at livermore, california, about 35 miles from san francisco. its rents are up 10%. as the city of san francisco is seeing rents down about the same. we have seen this in many cities. beverly, massachusetts, near boston, those rents with up 11% in june. the bottom line is that people are shifting what they want, how and where they are going to get what they want. if it reverses back, we're not
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sure but right now, there's definitely a change. neil? neil: you think about it, we have news that existing home sales were the lowest they have been since going back to around 2010 so there's that backdrop that doesn't look favorable. all the enticement in the world, that people are anxious about the virus, they are going to be anxious and i'm wondering if that is still kind of beating out some of these incredible deals that landlords are offering to keep them there. lauren: i just got off the phone with a realtor and she said yes, prices in the suburbs are going up, especially the suburbs around new york city, but she said if it's a turnkey home, meeting you can immediately move in, prices are going well beyond asking. so the issue is -- one of the reasons why we saw existing home sales plummet so much in may, is there's not much inventory out there. so when there's something good, and something you can just move into, it's going to sell, it's going to sell fast and it's going to sell at a nice price.
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neil: i think you're right about that. we are already seeing signs of that. all right, lauren, thank you very very much. want to go to john traynor on this phenomenon. john, what do you make of this? it's still early, you don't want to leap on this and say this is going to play out in every major urban area, every major american city, but the fact that high end real estate in these cities is kind of hiccupping and that renters are more than just kind of rebelling, play this out for me. >> you know, that's a topic that's coming up in a lot of the presentations. i made a presentation to the portland, maine chamber of commerce last week and this was one of the first questions that came up. they have seen their kids graduate from college and they go to boston, they go to new york. well, they are actually seeing them come back now, hunkering down, and a lot of them are saying you know what, i don't need to be in boston every day, i can be there one day a week and have a pretty good life in
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portland, maine. i'm in connecticut, we are seeing the same thing. one of the big trends we think we are going to see is what was just discussed. people realizing i don't need to be tied to my office in the big city. i can go in, i probably need to be in there for a few meetings but i can have a fuller life out in the suburbs. we think we will see this trend continue for awhile now. neil: it could be the same for their bosses, right? they will be reassessing renting some pricey corporate office space, right? >> sure. i've got 25 portfolio managers on my investment team and we are having conference calls every day and i have been phenomenally impressed with how well the team is working, again, the nature of our job, they do tend to work a lot, very often remotely, but i have been very impressed with how we have functioned as an organization, so you know, going
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forward, let's say we get the coronavirus, we get the vaccine, i think working remotely is going to be a permanent part of my business, i know, and a permanent part of a lot of businesses. neil: you know, you crunch any numbers on the productivity side of this, because it would appear to me that, you know, certainly people were busy shopping from home but an encouraging development is they were getting just as much work done and they were socking money away. they weren't all amazon prime customers. they were balancing it out by saving a lot more. $2 trillion by last count throughout this whole process. what do you make of that? >> you know, that was surprising. you know, we saw that, we saw, you know, the savings increase dramatically. we didn't have a lot of places to spend those dollars.
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that's a good trend but as you were discussing earlier, that extra $600 a week that people are getting in their unemployment benefit, that is scheduled to end july 31 so one of the things we are talking about specifically with regard to retail stocks is how much of this extra spending is a short-term event, really dependent on that extra money that people are getting, and how much of this can be sustainable. that's one of the reasons why we definitely think you are going to get another fiscal plan and i think some kind of an extension or some way of still providing some extra money to some of the unemployed, i think will be part of this stimulus package. you hit the nail on the head. we have seen that the finances, the finances of a lot of unemployed people actually stayed fairly, you know, in good shape. i think politicians want to see that continue. neil: yeah, i think you're right about that. always good catching up with you, my friend.
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thank you very very much. in the meantime, we are focusing on the furor over anyone connected with slavery, any confederate, but when they looped in the likes of teddy roosevelt and an iconic statue of him outside the metropolitan museum, people started wondering, are they taking that down because of something teddy roosevelt did or is the american museum of natural history saying something more. apparently it has to do with the folks on either side of him, one a nasitive american, one african-american. that doesn't fly these days. bill mcgurn has been monitoring that because it follows renewed push to go after former presidents, go after george washington, obviously thomas jefferson and the one that surprised me the most was general ulysses grant, former president as well, who
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essentially stopped the confederacy from getting his way, freed the slaves and is now a target as well. what do you make of all this? >> absolutely. i think the mistake is trying to make something rational about this. this is a mob that doesn't like anything -- it's not about the confederacy as we can see, from grant to father serra in california to christopher columbus. this is really about a mob just having fun doing this. what ill really amazed at, if you look at the museum of history that's taking down the teddy roosevelt thing, how many good and intelligent people just can't fight, they are just surrendering. i think we lost this one because people won't fight. if you can't make a case for keeping a columbus statue up for history, i think you have lost. so many good and intelligent people who know better have been bullied into this. we have surrendered to the mob on this.
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neil: i'm wondering what's next, though. there's a move afoot to revisit not only former speakers of the hou house because of their ties to the confederacy but their paintings have been hanging there for well over a century. now they are taking them down. more might follow. this is unending. >> it is unending. that's the point. this is not -- mobs cannot be satisfied. their appetite grows. i'm watching with some amusement to see what yale is going to do because the founder of yale was slave trader. if there's any -- if there's anyone that has to go down, it's yale. then you see when it gets close to something that liberals are attached to like yale, we might have a different standard. but i don't see how they resist. for myself, i just see cities and so forth surrendering to the mob rather than making decisions, even if i didn't like the decision, but through their city council and removing it in a logical way, they just
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surrendered. i would like to concentrate my efforts to now put up statues of mayor deblasio every year in anticipation that in ten years, the mob will come and pull all those down. neil: well, i don't know if i would hold my breath on that one but you could be right. you could be on to something there. bill mcgurn, thank you very very much, my friend. we are also getting signs that major league baseball doesn't look like it's going to have a season. at least the way things are going. the nfl supposedly will. but that's not a sure thing either. tiki barber on that after this.
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neil: all right. it's not just elon musk. richard branson's virgin galactic is surging after announcements it too will be training astronauts for nasa. obviously billionaires in space and what they do is getting a lot more interest. we will keep you on top of that. also a separate report concerning major league baseball, where 40 players, staff -- and staff have tested positive for covid-19 in just the past week. that is obviously added a sense of urgency to the negotiations
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which already appear to be going nowhere about resuming the season, albeit a very shortened season. owners have been looking at something in the 50 to 60 game range but with these latest developments and the fact that so many players and staff, more than three dozen, have tested positive for covid-19, could change that. then there is the national football league, still planning to have, you know, a regular kickoff come this fall, but there's no guarantees on any of this. let's go to tiki barber, former nfl giant, much, much more, on what he makes of what's happening here. tiki, do you see first of all, i know you are a great football player and all, but on baseball, that doesn't look like it's going to happen to me. what do you think? >> no. it really doesn't at all look like it's going to happen. i have been up and down with my optimism for a baseball season but originally, it was about money and i think it's kind of broken down about money. we know the owners are going to
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lose a ton of money but the players still want to get paid a pro rated salary. but at 50 games or 60 games, the attrition that makes it feel special to win a world series is kind of gone. everybody is playing by those same rules so we will still enjoy it, but they just can't agree. they don't even look at the counter proposals that come their way. neil: where is this going for football, then? we are told that the nfl was in a much better position because obviously, games don't start until the fall, obviously. there is summer preseason training and the rest. how do you think that's going? >> it's interesting, because we have lauded football for continuing things as normal but it's because they haven't actually had to deal with the virus yet. they haven't been in schedule. the one thing that was disrupted, the nfl draft, actually they turned into something very positive. we got to see the inside of general managers and head coaches' homes and all the draftees were amazing around their families. it actually turned a negative
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into a positive. but when i look down the line and look into september or october, i don't know how this is going to work without some sort of illness happening. now, i think what's going to come down to is whether or not the league can stomach guys getting the virus, maybe spreading it and then finding ways to pull guys out for two weeks or however long the quarantine period may be, and just go forward. there's always been an element of risk in the national football league, but this seems like they are approaching this one the same way, this virus, the same way. neil: i'm wondering as things are standing now, if there weren't going to be people in the stands at least in the beginning. do you know if that's still the case? >> no, it doesn't seem like it, even though there have been some proposals. stephen ross at the miami dolphins wants to do a tiered entry and exit for fans. they have to obviously sit a social distance amount apart. concessions will be tightly
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controlled. but they stand just like major league baseball to lose millions upon millions of dollars without the fans there. but the beauty of the national football league is that their television contract which has not been renegotiated yet gives them billions of dollars. with new streaming platforms, you know, increasing revenue in that regard, new stadiums also bringing in new revenue, naming rights, et cetera, the nfl is still in a healthy position unlike some of the other sports. neil: yeah. i'm wondering for college football, how it's going to go. >> dangerous. neil: play that out. yeah. >> yeah. so college football, these kids aren't being paid. at least not yet. we will see what happens with name, image and likeness in 2021 but they aren't being paid, they're not professionals. when you send your 18-year-old off to a university, you expect them to be protected from the dangers of society but also from the environment, and right now, we know that questions of health
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are not compromisable on the college ranks. what we saw at clemson, 23 players, i believe, testing positive for coronavirus. we have seen other universities shut down schools. what was it, bedouin university up in maine canceled all fall sports including a football schedule -- season this year. we know this is going to have a significant impact on the college season and it may be piecemeal. we may have one conference playing and another not playing or one conference playing at one time, another playing later in the season once they feel closer to a vaccine. but this college football season is going to be extraordinarily disrupted. you can already see it happening. neil: yeah. you mentioned conferences. within the conference, you could have some colleges participating, others shelving it. that's messy right there. anything can happen. >> that's right. when you look at the big ten, think about the big ten. they have teams in michigan, teams in iowa, teams in
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maryland. they have a new jersey team with rutgers. it's all over the map. if one team gets heavily compromised by the coronavirus, what happens to the rest of the league? those are questions that i don't think have been answered yet. maybe not even thought about. so it's going to be complicated for sure. neil: boy, what a mess. tiki, thank you very much. always good seeing you. be well, be healthy. tiki barber. thank you, my friend. in the meantime, if this has you in a workout mode, i want you to follow a gym that's found a neat way of doing it. the workout pod. everyone exercises, just a little differently. just over a year ago, i was drowning in credit card debt. sofi helped me pay off twenty-three thousand dollars of credit card debt.
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operating system that will soon debut that can do a lot of nifty things. in the meantime, getting ready for its worldwide developers conference which is a who's who of the technology world. you are going to see the company front and center right now dealing with a lot of adoring fans and not so adoring programmers. susan li monitoring all of that. susan: the nerd patrol. yes, i'm one of them. we have the world's largest developers conference kicking off, the first all virtual affair in the more than 30 year history of the wwdc. we had ceo tim cook kicking it off and he started by addressing the racial inequality protests flai flai taking place across the u.s. >> the country was founded on principles of freedom and equality for all. for too many people and for too long, we haven't lived up to those ideals. we are inspired and moved by the passionate people around our nation and around the world who have stood up to demand change. we must all aim far higher to build a future that lives up to
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our ideals. this means taking action. two weeks ago, we announced apple's racial equity and justice initiative with a commitment of $100 million. susan: from that we moved on to the technology unveiled currently in the middle of releasing and showing you what the new ios 14 looks like on the new apple iphone. so far, they have shown us picture in picture, that will be the new capabilities on the iphone. we also have widgets, you have new organization on your home page in terms of how you can organize your apps in the future. also the app library and the new virtual car key which means you don't need a physical key anymore to get into your car. that was just announced. this will start in the new bmws. as you see, we have the app store, one of the main features of this ww worldwide developers conference, we have 23 million global developers watching this presentation, and the app store generated $46 billion last year
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for apple, 84% of all the apps are free but then there's some controversy over the amount they charge, 15% to 30% on some apps and their subscriptions and some think spotify and the european union that might be a little too high. apple contends they need to charge those rates because they need to protect users and also make it easy for everybody to use. now we are still waiting for the main event, the main announcement since everybody is expecting the new 2021macs to start having apple-made chips. these will be designed by arm, and these will be the first time in 15 years they are moving away from intel. they are very loyal to their chip suppliers. they have only had three since the 1980s. something else we are watching out for is the apple watch. the new apple watch os 7 that should be released as well, maybe a new sleep tracker, something we know apple has been working on for quite awhile. also looking for a home pod update and maybe, possibly more in augmented reality, a.r., and
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also maybe a hint towards virtual reality, something that apple moved towards in the future. but we have already new features, i know you love them and that's why i'm bringing it up. get your own emoji to work with, right? neil: the whole thing is dopey. look, i know a lot of people love it. with the watch thing, just have the battery last longer. susan: yeah. okay. neil: thank you. pass that along, will you, please? thank you, susan. great job as always. all right. you hear all about and you saw right there that's more than keeping your distance. that's having limitless distance. but when you want to work out, they do have these rules in effect. how do you do that in a gym? you get plastic pods going and it's all the rage at south bay
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fitness. the coowners are with us right now. thank you both for joining me. >> thank you. >> thanks for having us. neil: how does it work? whose idea was this? because apparently, those working out, they love it. >> so this is actually trin's idea. i'm just the handyman. we started off with wanting everybody to wear a mask working out and we tested out online, on zoom, and apparently our clients just can't breathe and we figured we need to come up with a better solution. at first my wife drew it on pieces of paper and i'm a visual guy. i can't really see it all happening. she mentioned shower curtains and i was like i don't know, i don't know if our clients will be ready to work out in those. after she drew it more and more i started to see it and figured this is better solution than nothing at all.
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then we started going to the hardware store, buying a lot of supplies, put together one of them, start e-mailing them out to our clients. they were really impressed on what we were willing to do to go an extra mile to keep them safe, then boom, we bought eight more and built them all together. we have nine pods now. neil: what's in each pod? >> so in each pod, we have dumbbells, we have at least five to six set of dumbbells, we have benches and mats. just basic equipment. >> along with all the equipment, you have disinfectant spray and a towel in there as well so that you don't need to leave your pod the entire 50 minutes that you come to class. the instructor's going to show you how to do everything and if you need extra equipment, the instructor will grab that for you. neil: so you are in there for 50 minutes, right? is each pod set up the same way,
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so say you are on a circuit, how does that work? >> so we have nine pods and so some of them are l-shaped and some are u-shaped. you're not fully in an enclosed cube. it depends where you are. we place it so trainers can walk down two aisles and those that are in l-shaped pods, no one is walking along that side. so it's fully ventilated, the trainers walk along the sides and demonstrate the instruction for them. neil: it's a great idea, guys. obviously your customers love it. the way to work out, maintain all the proper distancing, all that. we'll see how it goes. looks like it's going quite well. thank you both very very much. >> of course.
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neil: i will be there tomorrow. we'll see. guys, thank you very very much. in the meantime, the controversy over how we depict law enforcement in the weirdest ways, including police cars on fortnite. which is a game. after this. ♪ ♪ yeah ♪ ♪ y-yeah ♪ ♪ yeah ♪ hey, hey wherever you make go, lexus will welcome you back with exceptional offers. get zero percent financing and make no payments for up to 90 days on all 2020 lexus models. experience amazing at your lexus dealer.
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neil: canceling police movies, shows, cartoons and now in the case of fortnite, a popular game that features police, police cars. jackie deangelis has more on that. what's going on here? jackie: good afternoon, neil. that's right. epic games is a developer of that very wildly popular game fortnite and what the maker of the game has done is remove all police cars from the video game. they are saying basically that they are one of the latest
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companies to try to be more sensitive to issues that players are dealing with in the real world. they're not trying to make a political statement here. epic's approach in the gaming world is considered a little bit milder because some of its pierce hapeers have pulled games as a result of black lives matter. but in the case of fortnite, remember that the police cars are decoration. they actually can't be driven. they're not a significant part of the game, if you will, an essential component. but having said that, this is all coming as there have been many calls to defund the police, even as some of the new york police department members here are considering striking for july 4th as sort of a counterpunch. but the big question here, is the anti-police movement going too far. a world without police is being called utopia for some but there are a lot of folks across the country saying we don't want to defund the police. we are worried about what could potentially happen with respect to public safety.
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we are seeing companies and people respond and we don't necessarily know how this is all going to play out. neil: it's getting a little crazy. thank you, jackie, very very much. we are monitoring kayleigh mcenany's press session right now in which she was responding to questions that the president was reportedly livid about the crowd size in tulsa, oklahoma. it looked like it was about a half full arena but i'm no way to judge that. mcenany saying the media is reporting that he was furious is untrue. he was very pleased with how the rally went. it was so great to be out of the swamp and in the country. so there. more after this. ♪ limu emu & doug
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neil: the big theme in the president's tulsa, oklahoma speech this past weekend talking about the jobs coming back to the united states and those who had built operations abroad being enticed to come back with lower taxes, lower regulations. edward lawrence says it's a critical juncture here to keep this going. speed it up.
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edward? reporter: exactly. the administration is actually going to help private companies with financing to move back to the united states if that manufacturing is critical to the united states. today marks the call for applications that went out for department of defense. the department is using $100 million under the cares act and diverting it under the defense production act to help companies finance a move to bring that critical manufacturing back to the united states. the money will be loaned as a backstop for private companies to get a larger loan to move manufacturing. the dod signed an agreement with the international development finance corporation. that independent government agency will manage the money and connect the private companies. listen. >> way to think about the $100 million is kind of like a reserve, and so that $100 million will catalyze tens and tens of billions of dollars in loans and investment. it's fairly extensive, actually.
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reporter: the money is going to be leveraged up. the goal here is to focus on industries that can resupply the national stockpile with personal protective equipment like masks, gloves, swabs. the administration also looking to use the money to finance loans to bring back generic prescription drug manufacturing to the united states. this is very interesting, through the international finance development corporation. they understand the money side of this. the department of defense understands the critical need in the u.s. stockpile so they put those two together to leverage up and get private companies now to move manufacturing back to the united states. back to you. neil: all right, my friend. thank you very much. edward lawrence in washington. meanwhile, the john bolton book, the room where it happened, will be out. a judge said it's kind of like the genie is out of the bottle, anyway. too late to stop it. he did hold out the possibility the $2 million advance the
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former trump national security adviser got, that could be in question. let's go to judge andrew napolitano on this. judge, as you had said, we were talking about the book itself, kind of hard to undo it. it's out and it's going to be out and everyone is going to have a chance to read it. but the judge seemed to hold out the possibility that the way this was swiftly bypassed top security officials, if that was indeed the case, there might be a case to take the money he got for the book away. is that true? >> well, good afternoon, neil. always a pleasure to be with you. it would depend on what a jury finds the facts are. the statute does, for the statute that prohibits publication of classified materials for profit, does permit the federal government to get an order from a judge ordering the publisher to hold in trust for the federal
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government the profits on the book. now, we are a long way from there. so let me tell you what happened the other day in court. when the judge decided hey, guys, it's too little, too late, he actually used the phrase the horse is out of the barn, you should have been here a few weeks ago, not only is the book printed, not only are a quarter of a million copies in bookstores and in amazon warehouses, but kayleigh mcenany, who is speaking as we speak, quoted from one in her white house briefing the other day. so i'm not going to sign any order enjoining it. then the government says can we tell you what's in here that's secret. now, they are telling him what's in a public book what is secret and they didn't do this in public. they went in the judge's chambers and underscored what was secret. it's a little odd because they do this when the secret is not yet out. so the judge knows only what he needs to know. even though the secret is out, we don't know what the secret is
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because the government won't identify for the rest of us what the secrets are. so when the judge threw out the application to enjoin the distribution of the book, he did not throw out the complaint. so there still is a civil lawsuit against john bolton. i suspect it will be amended to name simon & shuster and one of the requests is that john not be paid. i think he's already been paid but who knows. if he has been paid, then they are going to ask his bank or wherever he put the money not to distribute it to him. there's a lot more litigation to come between the federal government and our former colleague. neil: yeah. to your point, you know, usually you are given some money up front, either one-third, could be as much as half, then the remainder with other incentives built in on how many books you sell. the question has come up how did this, if it was sort of rushed through security types, without
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their clearance, how the heck did that happen? >> well, if you read the government's complaint, it's a little embarrassing for the government. because it recites that the person in charge of security cleared the book four months ago, told john bolton verbally but not in writing, the book is clear. then a new team of clearance people came in who were appointed by the new successor to john bolton, whose name is bob o'brien. the present national security adviser to president trump. that new team reviewed the book anew and even though the old team had approved it, the new team did not. john, i'm going by what's in the government's complaint. i have not spoken to him and he hasn't filed an answer yet so we don't know what his version is. john, according to the government, threw up his hands and said i'm tired of dealing with you people, you already
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signed off on the book, i'm going to consider it approved, i'm sending it to my publisher. neil: you're -- >> he basically said -- neil: finish, i'm sorry. >> the judge basically said does the government really know what it's doing, because one team said yes, now another team says no. i'm not going tone jo enjoin th book. whether there are secrets in them, i looked at them in private, you told me what they were, they appear to be secrets, that's up to a jury. neil: the reason i mention it, kayleigh mcenany in her ongoing press statement here is quoting the nfc director, says this could damage american intelligence, it is the seriousness that we are treating this and the seriousness it deserves. this is the venting of a failed nsa director so they are not letting go but what are their options at this point? >> they have no options at this
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point except the president, you know, could call up the attorney general and say is there enough here to indict john. i'm not suggesting he should be. but the federal judge, judge royce lamberth, the one who on saturday morning decided he was not going to enjoin the distribution of the book, said john bolton has exposed himself not only to civil liability, the feds want the money that he will earn from the book, but to potential criminal liability. maybe kayleigh mcenany knows what these secrets are. even though they are in the book, we don't know what they are. john says there's nothing secret in the book and the book was approved, the government's people say that's not the case. neil: should there be a different standard, held to a former top national security official versus say a former chief of staff? >> well, the law is the same for
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all people who have the same security clearance. john bolton had the highest security clearance there is which is top secret and there's a bunch of initials after it, five different levels of top secret. john had the absolute top. john had the same clearance that the secretary of state has and the director of the cia has. so whatever the government, the doj says john did, it was at the highest level in their view of wrongness. john says your presentdecessorsd me i could publish this. neil: wow. really weird. judge, always good having you, my friend. thank you. all right. you have heard a lot about what the markets are clinging to when it comes to a cure, something to deal with either as a vaccine, the virus itself. you have heard a lot about remdesivir from gilead sciences.
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now an inhaled version that's getting even more attention. because it could be out in august. after this. well have you tried thinkorswim? this is totally customizable, so you focus only on what you want. okay, it's got screeners and watchlists. and you can even see how your predictions might affect the value of the stocks you're interested in. now this is what i'm talking about. yeah, it'll free up more time for your... uh, true crime shows? british baking competitions. hm. didn't peg you for a crumpet guy. focus on what matters to you with thinkorswim. . .
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right now that cruise not so soon. all the major cruise operators talking about at least september 15th before boats are on the water and you can imbibe. you will have to be patient. september is a long ways away but charles is not. like he is now. hey, charles. charles: hey, neil, thank you very much, appreciate it and good afternoon, everyone. welcome to making "money" with charles payne. this is interesting session all the major indices sort of slightly higher. you get the impression they're waiting for something, looking for something. remember we got out of the gate in 2020 with gust toe. then we had the most remarkable selloff in the history of the market and the most remarkable rebound in the history of the stock market. what are we waiting for. it is cancel culture. liz peek on we should cancel the cancel culture. how bad is covid-19,
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