much. here comes the bell, peter. [closebell rings] we got to run. nice move on stocks, up 172 points for the dow jones. nasdaq pushing out a win, up 28 points. connell: here we to. elon musk and company might be about to mark a major milestone. we have the results from tesla, expected out any moment now. stocks meantime shrugging off renewed tensions between the united states rand china ending the day higher. microsoft is also on deck this afternoon, expected to report earnings shortly. we have a lot to do. i'm connell mcshane. melissa: i'm melissa francis. this is "after the bell." the major averages closing near the high of the day. pfizer leading the dow higher after the government reached a deal with the company and

biontech delivering millions of doses of a potential vaccine for covid-19. we'll kick it off with edward lawrence in washington. reporter: melissa, very big news for pfizer and the vaccine. we could have three vaccines in circulation by end of the year. first one by astrazeneca, they hope by october. moderna and pfizer follow by the end of the year. the governor of connecticut toured a pfizer plant in his state. senior vice president for drug safety and development for that facility says pfizer focused on doing the next studies and getting that data to the fda for a safe and effective vaccine. governor ned lamont says it will be widely distributed. listen. >> we continue to hit the metrics we need. we continue to get the fda approvals. we continue to do this safely. we have a real opportunity by end of this year to be able to go to cvs or the local pharmacy to get a covid vaccine just like

you get a flu vaccine. reporter: a clue how governors think the vaccine could be widely distributed, with existing private infrastructure. to make sure the u.s. is first, the government making deals with vaccine manufacturers, this time pfizer, inking a deal for production and distribution of 100 million doses by december for $1.95 billion. for treatments the u.s. making an agreement with gilead, guarantying basically they would get the doses of remdesivir for 2340, 2,340 per course. the same price foreign countries will pay. in a letter elizabeth warren, bernie sanders, tammy baldwin, sherrod brown, chris van hollen, tina smith, all senators said the cost is too much. the head of the health and human services says the deal puts america first. >> what we're doing getting it out there. the hospitals can afford it. we reimburse it, say the

medicare program, medicaid program, commercial insurance pays for it for the hospitals. reporter: still private insurance will pay $860 more than the federal government will pay. gilead says the only reason for that is because by regulation the u.s. government has to get a discount over market price. back to you. >> all right. thank you. over to connell for some earnings. connell: earnings numbers for microsoft, melissa, just out. they appear to be better than expected. the company reporting in what is its fiscal fourth quarter a profit of $1.46 a share. the estimate was a $1.34. the revenue, 38 billion even. beat estimates. the stock is selling off on the news in after-hours trading. the most important number people look at usually talking about microsoft is cloud. azure service and other parts of its intelligent cloud unit. the revenue there, $13.37 billion, is at the, is at the high-end of the range that

the company gave and it is just a little bit above analyst estimates for the quarter. so on all of those measures, things look pretty good. now the stock had been up a lot. bring jonathan hoenig in. capitalist pig hedge fun and fox news contributor. the stock had been up a lot, jonathan. i'm not sure we read into that but these numbers are solid, it has been a solid period of time, right, for microsoft? >> exare extrordinary, connell. this was quote being unquote pandemic stock. all the services firing on all cylinders. it is down after-hours despite the fact it beat those expectations. if there is any similarity, connell, between today's market and 2000, it is the fact that microsoft is the dominant player. since 2017 this stock addedhundred billion dollars in market cap. it is up 30% year-to-date.

what you might be seeing here, buy the rumor, sell the fact. it is giving back a little bit on news of those earnings. connell: microsoft is much larger. you mentioned the market cap. we'll see that in other stocks, with tesla later this hour and we've seen such a runup. tesla in of itself a story. we've seen a runup in some technology stocks that sell the news, kind of phenomenon going to be with us for a while we think? >> yeah. it is pretty unique for this era. only a few times when you've seen that. as you said, connell, tremendous concentration. microsoft is the best example. it is about 1.5 trillion in market cap. it is alone bigger than 120 of the smallest members of the s&p 500. the top five or 10 names of the s&p and nasdaq. they are the market. that is what makes these earnings from microsoft as we're seeing in tesla which we'll get any moment, so vital to

everyone's 401(k). connell: we'll talk more details about microsoft as we dig through the numbers. let you know if there is anything on the outlook side. 38.03 billion. that is the number on revenue. that is better than expected. $1.46 earnings per share, that is better than expected. the cloud number, that looked good as well. so that is in the books for microsoft. tesla still to come. jonathan stay with us. melissa, over to you. melissa: president trump holding an event on operation legend ahead of a news conference in the next hour. let's go back to edward law ends with more on that, edward. reporter: the president is disturbed by images he is seeing in cities around the nation in portland and violence happened in chicago and other places. he will do something about it. we'll hear about that today. in fact attorney general women barr will be at this here -- william barr.

the president speaking at the event to talk about what steps the federal government will take. there will be an expanded presence by federal agents. this is not what you've seen recently in portland where they're just surrounding federal buildings. they will increase presence within task forces that already exist in police forces. federal agents embeds in police departments that can go after murder suspects and go after violent gang crime. those two specific areas. these will be investigative level agents that will be able to go in. they will expand presence to cities likes chicago specifically mentioned. they have also talked about portland, oregon, as well as other ones. new york city is another one to try to increase the federal presence within the law that exists to help cities fight the crime they're seeing. melissa? melissa: all right. thank you for that, edward. let's bring in our own david asman for discussion on the president's remarks from the operation legend event. david, you know, as i was listening to edward lawrence

just describe what the president is going to do by allowing, you know, federal law enforcement officials already in the area, who live there, who are already in the community, go out to do this work, sounds a lot like the anti-crime task force, what they were doing, that mayor de blasio just disbanded. they said in plainclothes going out there to try to solve murders and solve -- that is what the unit that was just disbanded did. >> de blasio is a little bit like a reverse barometer. if you want to know what not to do, you follow his advice. but, we've seen these task forces before where the feds help local police officers during a crime wave in the 1980s, it was primarily drug-related t was a terrible situation. that really boosted violent crime all over the united states from miami to new york to california. it was a very helpful method that the feds used to drop crime, to help local communities drop crime t was in cooperation.

we have several things going on. it is worthwhile to separate what's happening. we have right now, melissa, as you and i talked about, a perfect storm for crime, making streets of america much more dangerous than they should be or were a short time ago. we have the gang violence edward talked about. we also have the an antifa riots happening all over america t started out as a protest for police violence t turned into something far more dangerous and more widespread. you have the defund police movement. that is not helping anyone at all. we need more police not less to stop crime. then up politics and i would venture politics is probably the most dangerous one of these things that i have mentioned that are affecting violence in the streets. statements by nancy pelosi calling federal agents going into portland to protect a

federal courthouse, gestapo or stormtroopers. making horrible reference to nazi germany, equating our law enforcement agents to stormtroopers is horrible thing to do. it is terrible thing to talk about the democracy that way. then you have joe biden talking about so-called peaceful protesters in portland. you and i have seen the pictures out of portland. these are not peaceful protesters. these are very violent people. he arguing against any kind of federal interference. what we're listening to other than general barr talk about, because i've seen remarks he is reading off of, focused on the first part, dealing with gang violence in streets. there is cooperation, even from left-wingers like the mayor of chicago. she said in this regard she will work with the feds to get the help that she needs to track down a lot of crimes they don't have answers for. of course the legend program is named after a four-year-old boy shot in his sleep in

kansas city. it will be kansas city, chicago, and i think albuquerque, new mexico as well. melissa: that is my next question. local mayors said stay the heck out, we don't want your help, let the city burn but you think they will be receptive to this kind of intervention. i wonder, willow calla enforce ment because -- there is knocking of heads when you have local and federal law enforcement coming together. i would say, just looking out in the streets the nypd is so beaten down and demoralized and overwhelmed at this point they have had their hands tied i would think they would welcome the help but what do you think the reaction from local law enforcement? >> they have been so beaten down, they need all the help they can get, particularly from a group of federal officers and people like attorney general barr who look favorably toward the police. who don't demonize the police as happened too often in the past

but there is a irony here. it is rich to hear liberals so concerned about states rights when they have always been opposed to states rights. melissa: yeah. >> that is why i think eventually they're going to realize that they have a choice. either their cities burn to the ground and hundreds or thousands of people die, most of them in minority communities, most of them the innocent and really innocent like four-year-old children dying, if you care about lives, black lives, latino lives, white lives, you got to care about the police and how they're going to come into the community with the assistance from the federal government. otherwise these cities will continue to burn. melissa: we will see. david asman, thank you so much for that. >> thank you. melissa: connell, over to you. connell: all right, melissa, escalating tensions. we have china now threatening retaliation against the u.s. after the state department made the move to close the chinese consulate in houston, texas. the fallout from that on the world stage coming your way

next. open to compromise. lawmakers working to hammer out new details of a relief bill. including the possibility of a payroll tax cut. talks of short-term unemployment benefits extension. we'll talk to art laffer about that, the former reagan advisor will talk about the effect on taxpayers. hitting the open road. the biking frenzy that is leaving some shops with a shortage of supplies. live from a bike shop in chicago later in the hour xtra 15% credir and motorcycle policies? >>wow...ok! that's 15% on top of what geico could already save you. so what are you waiting for? idina menzel to sing your own theme song? ♪ tara, tara, look at her go with a fresh cup of joe. ♪ gettin' down to work early! ♪ following her dreams into taxidermy! oh, it's...tax attorney. ♪ i read that wrong, oh yeeaaaah!

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what do you think? i don't see it. only pay for what you need. liberty. liberty. liberty. liberty. ♪ ♪. connell: we know tensions have been escalating between the united states and china. now china is threatening to retaliate after the u.s. ordered the closing of the chinese consulate in houston, texas, after accusing it of interfering in domestic affairs. here is secretary of state mike pompeo. >> they're setting up clear expectations for how the chinese communist party is going to behave and when they don't we'll take actions that protect the american people. connell: more now with christian whiton, former state department official himself. christian, always good to see you. how big of a deal is this?

>> it's a pretty big deal. it's a very decisive move. it makes a lot of sense. after all this is a consulate. they're supposed to be performing consular activities issuing passports, better certificates that type of thing. in fact they're using it as den of spies. if you don't believe that look at images when they're fever rushing burning material on top of the consulate, turning it over in a matter of days, getting out of town. that is very decisive. the trump administration did it before. they told russia to close down a consulate in san francisco that was used primarily for espionage rather than its stated purposes. it is another in a long line of fairly firm but i think completely justified steps by pompeo and president trump against the chinese. connell: it is interesting, the houston consulate was the one chosen. we don't know what we don't know in terms of the intelligence there i was reading a little bit about it. it has proximity to

universities. it has always been on people's list that follow china. these consulates are all over the country. i've been to the one in new york many times before going on trips in china but this one in houston caught everyone's attention. >> there is one in houston, san francisco, los angeles, chicago, new york, embassy in washington. we have diplomatic missions in china. we have embassy in beijing. and shanghai. and one or two others. you can expect possible retaliation there. there is lots of rumors, that chinese, not just espionage, but very aggressive monitoring of chinese nationals in the u.s., sort of enlists them for espionage themselves or industrial espionage or political activities in one of these consulates organized a bunch of protesters to protest the dalai lama when he visited united states once. why houston, you're right, we

don't know that. it probably links to the extent of commercial espionage but we don't know. connell: yeah, we don't know. there was an email sent out, got a number of reporters did, before we came on the air from the chinese embassy in washington. it attacked the move as you would expect. in the last line, we urge the u.s. side to revoke this erroneous decision otherwise china will respond with necessary actions. maybe that it will be something like we did, they will kick americans out after consulate in china, maybe more to come? i don't know. >> a lot of threats t may sound better in mandarin than english. this is the thing with the relationship with china. it is very one sided to our advantage. same way we can put tariffs on their goods and since we import so much more than we export, it hurts them much more than their retaliation hurts us. if they close one of our consulates in china i say go for

it. not like we're achieving that much there. one thing secretary pompeo has been on is reciprocity. our diplomats are under extremely tight controls in china. i don't think they can hold meetings without getting approval from the foreign ministry first. yet their diplomats heretofore had the run of the house. finally starting to create some reciprosity i think is worth whatever consequences may come from this. connell: what do you say to american ceo of a big company, tim cook of apple, or elon musk in shanghai operation, we'll get numbers out a little bit, they still do operations there. not like relations will being improving, if anything, you may disagree, they're likely to get worse over the next few years, what do you say to ceos if they still want the money, the business out of china? >> they do. unfortunately those 2:00 companies in particular made grave errors overinvesting

in china. think of apple. manufacturer of this thing in fact substantially all of their supply chain with very few exceptions in china, one country, undemocrattic country. that is very bad decision regardless whether or not donald trump is president and putting tariffs and export controls on this country. they need to move as fast as they can to diversify their supply chain. i vote for them to have manufacturing here in the united states but really anywhere is better than china when it comes to political risk. japan is doing something, actually paying the companies to move their supply chains out of china. some of that is going to companies bringing factories onshore to japan. they will even compensate companies to move to places like vietnam and laos in southeast asia. regardless of your political views. i know apple likes to be pious doing great things there and have all the quasi-slave labor in china, you need to diversify your supply chain.

connell: complicated stuff but a lot of money on the line. good to have your analysis as always, christian whiton. mentioned tesla, the "fox business alert" on numbers coming out from that company and on the revenue side, more than $6 billion in quarterly revenue has been reported by tesla. the stock after-hours is up about $1600 per share, so higher by 1 1/2%. that is better than expected. revenue was supposed to come in at 5.$65 billion. now the expectations for tesla, this is true, maybe this quarter more than others, were all over the map. the analyst estimates were anything from a huge loss to a fairly sizable profit. there is a decent amount on the line for this company, this quarter, because if it does report what i think you would describe as an acceptable profit, in other words, acceptable along the lines of the generally accepted accounting principles, the next step for tesla is acceptance into the s&p 500. we're looking over the numbers on the profit side. as we do so, gary gastelu joins

us, foxnews.com automotive editor. jonathan hoenig is back with us. the jonathan, it is pretty much a foregone conclusion that tesla is s&p material finally, right? >> connell, it was already certainly big enough to be included in the s&p 500. what was missing, as you said the criteria of four quarters, four consecutive of profits. it is now eligible for the s&p 500. what does that mean? all the s&p 500 index funds if it is included will have to buy tesla stock. it has already doubled since april. it is up 270% in 2020 and this is one of those classic growth names of our era, connell. it is trading extraordinarily high valuation something like 9,000 times earnings. this is one of the most exciting growth stocks of our era, and one of the most expensive up once again after-hours. connell: you can't even have a

conversation whether it is overvalued or not. it is when it goes down and not when it goes up people tell you. gary, let me talk to you about products with tesla and maybe touch on the business outlook as well. talked to christian whiton on china, that is a big part of what analysts said of tesla business in second half of this year as we all rebound from the coronavirus and their business starts to pick up with the factory in shanghai. i don't know if it is as strong as china goes tesla goes, but it should be important to them, right? >> that is absolutely a big part of it. tesla weathered the storm last quarter pretty well. we don't know where. they don't break down sales by market. a lot of that could have been in china. we've seen secondary evidence that u.s. sales fell pretty dramatically. now they are not even telling us what cars it is selling. bunching the model 3, model y together. we don't really know where the demand is for either of those products. the fact of the matter is they

delivered 90,000 cars last quarter. that is pretty good. when you look at toyota, tesla worth more than 50% than toyota, toyota sold 10 million cars. tesla sold 375,000 last year. toyota sold more rav4s in the united states than tesla sold around the world. i don't know what point tesla gets to 10 million cars but there is strength and growth to come. >> go back to the financials for a moment, jonathan. i mentioned revenue, 6.4 billion. the stint was 5.3 billion. that is better than expected no matter how you slice it. in terms of earnings, couple things, always a little more complicated when you have the estimates all over the map, but on adjusted basis tesla is saying it turned a profit of $2.18 a share. adjusted for accounting purposes, when no adjustment looks like loss of 50 cents a share. i don't know how that works its way into the conversation we had

earlier about the s&p 500. >> no question, connell. tesla's accounting has always been controversial. a lot of more traditional analysts have actually just called the company on the door, said look, this isn't right. this doesn't account to traditional method of accounting and evaluating a company but tesla is benefiting not only being a growth stock but also a growth stock at time growth stocks are where the action is as we talked about. there are small, few, select stocks, very highly capitalized stocks which tesla is one of them. which valuation simply doesn't seem to matter. as gary pointed out, tesla sells less than half a million cars a year. it is the most expensive, most highly valued carmaker than all of them. it is more of a technology company than a car company. that is how the market looks at it. connell: no, it does. for our purposes we'll go with that number i mentioned on adjusted basis of $2.18 a share

saying that is far better than analysts had been expecting. the consensus came in averaging out for profit like 3 cents. it was all over, from huge loss to huge profit. looks, like, gary, they beat the street. having sufficient liquidity to fund products going forward. what happens from that? we all know the brick being thrown at the window. we have that truck still to come. what about the innovation side in terms of moving forward on the tesla product side? >> the wild car for tesla will always be the autonomous driving. if it can pull it off years before anybody else like it claims it will be able to, that is a game-changer. mystery of tesla evaluation has been uncovered this week. j.d. power finally started including tesla in its studies. couple weeks ago it came in last in quality. it came in number one appeal for

emotional attachment people have to the cars. people love the cars. they love the brand. they don't care if there is issues. they haven't for the past 10 years. that will be the case for the next 10 years coming forward as far as the new product is concerned. connell: stock up 30, 40 bucks after-hour. that is nothing for tesla. microsoft sold off a little bit. we check back on it after its earnings. like tesla it was better than expected. jonathan, thank you for the time. gary you as well. melissa, back over to you. melissa: finding common ground. lawmakers divided over the details of the next round of economic relief including president trump's push for a payroll tax cut. we'll talk to art laffer, former reagan economic advisor who spoke to the president directly about phase four. that's next. plus bracing for a different experience. walmart announcing plans to keep all stores closed on thanksgiving day, ending its tradition kicking off black

friday sales on the holiday. the closures will affect both walmart and sam's club stores. president trump is set to hold a news conference in the white house less than an hour from now. yes, another one. we'll take you there live as soon as it begins.

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[camera man] talk to your doctor or pharmacist they get that no two people are alike and customize your car insurance so you only pay for what you need. what do you think? i don't see it. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ ♪. melissa: lawmakers at odds over the next round of stimulus.

economist steve moore telling connell earlier today that republicans are open to unemployment extension. >> republicans want to supply people with a safety net if they lose their job but don't want to provide all the income they have if they were working. that is not fair to people that are working. so they would go to 70%, which is more generous than normal. melissa: joining us now, art laffer, former economic visor to president reagan. art, let me ask you first, so you know, i was trying not to get my hopes up for the payroll tax cut because that kind of never happens but i don't understand why republicans are so bad at messaging. why they let democrats go out and say, when you do a payroll tax cut you're giving a tax cut to corporations and to rich people, and they fail to respond or to drive home the message that the minimum wage worker, would instantly see their paycheck go up 3 or 4%. you want to raise the minimum

wage? do a payroll tax cut. my own theory, that nobody in washington, almost nobody, sincerely want as payroll tax cut because both sides of aisle want our money to dole out to whomever they choose. am i being callous? >> i don't know you're being callous or not. i don't think so. you and i should set up a firm for messaging go to the republicans on the senate and house, get them all to sign up to message this. the message is not really, it is good economics. if you do a waiver of the payroll tax, you make it more attract if i have for workers to work and you make it more attractive for employers to employ. it is at simple as that. melissa we tax speeders on the freeway to get them to stop speeding. we tax smokers to get them to stop smoking. why then do we tax employers for employing and employees for being employed? it makes no sense. if you want more employment, all you need to reduce the tax on

employment. it is not rocket surgery. it is really pretty straightforward. that is the message. i don't know how anyone can't understand it. now if you want to redistribute income, which some people do, that's fine then do it, but write them a check. you know there is no reason to redistribute income to people who are working. that is not what you're doing the payroll tax cut for. that is not why you do it at all. you do it to get more people working. if you want to do redistribution, write a check to the people you want to receive the money. that is what you should do. there is nothing wrong with doing that but make sure the purpose is clear. melissa: okay. but, so that brings me to my next point, it sounds like they're settling on the idea of extending the, you know, unemployment insurance on steroids. where people getting more unemployment than they normally would. which of the three options seems like the worst idea. why wouldn't they then just cut

everyone a check the way they did at the beginning? boom, direct deposit into everyone's account. at least that way we are not encouraging people to not go back to work, which, you know, they say people are afraid to go back to work. i can't tell you how many employers i talked to who said they have called their employees and their employees say to them straight up, i am making more money being at home. so no, i do not want to come back. >> you're totally correct. why would you do it to people who are unemployed? now i understand the unemployed have needs but so do a lot of other people who don't work, who are not part of the unemployed. don't get unemployment insurance or any of that stuff. why would they not get the checks when the unemployed would get the checks? why are they more needy than other people that don't work are poor? so they should get checks too. you shouldn't just select people unemployed for doing it.

you need to make it worthwhile for them to get back to work. make it worthwhile for companies that used to employ them, bring them back on, not furlough them, have them work longer hours. that is what you want to do. if you want to fine people, find unemployed people to write a check. you don't want to tax people who work, melissa and pay people not to work. that is just the silliest thing in the world. that seems to be what they're doing. i hope they don't do it. but, you're right. melissa: it makes absolutely no sense. so nancy pelosi, when she heard it could be a trillion dollars, oh, you know, that is a pittance, a trillion dollars apparently doesn't go as far as it used to. it's a meaningless amount of money t doesn't register. nobody in washington cares about debt, other than rand paul who is talking about it. seems like everybody is just like, well, you know what?

we could print our way out of this and we can just leverage the future, and it is not a big deal. when does it become a big deal? i men, what is that tipping point? nobody, they're all whistling past the graveyard? >> it is not a tipping point. it is just a gradual decline for the prospects of america. you can look at the tipping point you want to in greece, or italy or some of these other countries. you can look at the tipping point in michigan. you can look at it in new jersey, ohio, connecticut. you can look at it in illinois. there is no tipping point. what happens they slowly but surely fade away. there was a time that the market cap of japan in 1989 was larger than the market cap of the united states. it is not that way now. japan is just slithered away being virtually nothing on the global scene when it was equal to the united states in 1990. so that happens.

i hope it doesn't happen to america. but you know, we've got a political system that these guys vote their hunches and they aren't very scientific, they aren't very academic. if they look at the academic stuff they would never do what they do. nancy pelosi says the best way to stimulate the economy is to give unemployment benefit to people who run employed. hello, when you pay people not to work, which is what unemployment benefits are, you're going to get more people not working. as you say, everyone who talks to you tells you the same story. they tell me the same story too. when you pay people 80% of the people who are unemployed get more pay than they were on the job. how in the heck are they ever going back on the job? that is the model, long-term decline of the united states. i'm afraid we're well in it unless we do something to radically change the u.s. structure. and we need a lower rate, broad-based flat tax, spending restraint big time. we need, we need transparency in

medicine. we need to control education. we need to free trade. and all of that, we need to really get america growing again. but that not the way the legislation is going except for president trump. trump has been really good so far on economics. he has done a great job. but these other people are pushing back so hard. why? i don't know. you and i should probably yell at them or send them a letter. cut their phones off. they should be paid on commission. they should be paid on commission, melissa. so if a country grows slowly they owe us money, not we owe them. how do you like that? melissa: you know what? i'm going to have i'm going to have to think about that in more depth. i like that a lot. i feel like those people wouldn't pass that law. still i love it. >> they love spending other people's money. that is what they do. melissa: the president too, don't let him off the hook. he spends too. >> i would never do that. bye, thank you. always fun. connell: never boring with the

great art laffer. back to earnings coverage for a moment. look at tesla, after-hours up more than when we last checked, reported fourth straight quarterly profit improvements in manufacturing costs and driven by the model y and china made model 3. that made positive impact on quarterly profitability. you see how volatile the stock can be. but it is now up again. the other thing tesla said we haven't talked about, its semi deliveries will again next year in 2021. microsoft which reported after the top of the hour, its earnings are pretty good. but the stock has been selling off. here is additional note from microsoft, linked in which it owns, was negatively impacted by the weak job market and reductions in advertising spending which probably doesn't come as a huge surprise but maybe, hurting the stock a little bit, down 3% after-hours. melissa.

melissa: moving up. got a spare 20 mil? that is the price of a pandemic safe home. you heard me right. a federal be judge dismissing a lawsuit from seven vegans accusing burger king, remember this one, of deceiving them, cooking plant-based patties on the same grill as meat-based patties, the judge pointed out none of the plaintiffing asked burger king about the cooking method before policing their orders. i wonder how that would turn out. restaurant brands international owned burger king started offering plant-based options by impossible foods last year. the chain placing the impossible whopper two for 6-dollar menu. the sandwich faces declining sales. i haven't tried one. i'm not going to. ♪ hey there people eligible for medicare.

gimme two minutes. and i'll tell you some important things to know about medicare. first, it doesn't pay for everything. say this pizza... [mmm pizza...] is your part b medical expenses. this much - about 80 percent... medicare will pay for. what's left... this slice here... well... that's on you. and that's where an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company comes in.

this type of plan helps pay some of what medicare doesn't. and these are the only plans to carry the aarp endorsement. that's because they meet their high standards of quality and service. wanna learn more? it's easy. call unitedhealthcare insurance company now and ask... for this free decision guide. inside you'll find the range of aarp medicare supplement plans and their rates. apply any time, too. oh. speaking of time... about a little over half way and there's more to tell. like, how... with this type of plan, you'll have the freedom to choose any doctor who accepts medicare patients. great for staying with the one you know... or finding... somebody new, like a specialist. there are no networks and no referrals needed. none. and when you travel, your plan will go with you anywhere in the country. so, if you're in another state visiting the grandkids, stay awhile... enjoy...

and know that you'll still be able to see any doctor who accepts medicare patients. so call unitedhealthcare today. they are committed to being there for you. tick, tick, tick, time for a wrap up. a medicare supplement plan helps pay some of what medicare doesn't. you know, the pizza slice. it allows you to choose any doctor, who accepts medicare patients... and these are the only plans of their kind endorsed by aarp. whew! call unitedhealthcare today and ask for this free decision guide. connell: "fox business alert" from ohio. the governor mike dewine has issued a statewide order that requires masks to be worn when you're inside of a business. any indoor location that is not a residence the way they worded it. started it tomorrow evening. they were going county by county but now statewide with masks in ohio. melissa. melissa: sounds like new york.

states pausing reopenings as cases rise. details released about people without preexisting covid-19 conditions developing more serious health problems. fox news's jonathan serrie has more on this. jonathan. reporter: the number of coronavirus related deaths in the u.s. kicking up as new surge of cases continues. more than 144,000 americans have died, prompting dozens of states to stop or reverse their reopening plans but others are moving ahead with new mitigation efforts aimed at protecting the progress they have made including new york city where liquor licenses have been revoked and police have been called to enforce social distancing in some areas after widespread reports of packed bars and restaurants. >> both sides of the block was full corner to corner two weeks in a row. >> reckless kids with nothing to do. they feel hot air and they want to come out. reporter: the outbreak could be more widespread than previously thought. a new cdc report says cases are

underreported in many areas. the real number could be as high pass 38 million. we're seeing more patients without preexisting conditions develop serious heart or lung issues testing positive. >> they were healthy prior to getting infected with covid. now they have something they have to deal with every day of their lives. reporter: as the outbreak keeps spreading, the white house is making a major push for folks to follow updated guidance including wearing face masks in public. >> i would say all the people out there resisting wearing a mask, listen, folks, it costs nothing. takes two seconds. you will get your liberties back sooner if you wear a mask. reporter: tomorrow mark as another milestone, opening day for major league baseball but the ball marks will be closed and fans will have to watch on tv. in atlanta, jonathan serrie, fox news. connell: we head for the hills, beverly hills. realtors are getting creative when they market luxury properties during the coronavirus pandemic. there is realtor looking to sell

a mansion in beverly hills saying it is pandemic ready. we'll see what that looks like. gerri willis with the details. reporter: that's right, connell. think about it, a brand spanking new market in beverly hills people worried about covid-19. looks like just another beverly hills mansion on the market with bells and whistles. pool, check. oh, a fountain. grand entryway? this house has it too. want to play cards? you can do that as well. >> we just came on the market. we are priced just under 19 million. people come through the property. they don't want to leave the down stairs. reporter: wait, there is a difference this is a covid friendly home. there is covid cleaning room with automatic booty dispenser when friends visit. for the movie theater it has been transformed into a zoom room. complete with space for kids to

do homework and mom and dad to do business meetings. all with a little popcorn of course. sign of the home of the future not just mansions will look more like this house, with the exception of one thing, a special delivery from the famed beverly hills hotel which by the way is right around corner. free dinner for three months. >> you can have the famous mccarty salad and a chocolate souffle' five nights a week. reporter: think about it, connell. you never have to leave the mansion. pretty good stuff. connell: all i heard was free dinner, free dinner for a long, long time. i got lost in that particular detail. that is pretty cool. there she goes. gerri has had enough of us. melissa. melissa: i love that story. real estate brokers, they are the best entrepreneurs out there. they always think of the best

way to market something. it's brilliant. sales spiking. millions of bikers are hitting the road and shops are fighting to keep up with demand. plus president trump is set to hold a news conference at the white house shortly. we're going to take you there live as soon as that begins ♪ come on in, we're open. ♪ all we do is hand you the bag. simple. done. we adapt and we change. you know, you just figure it out. we've just been finding a way to keep on pushing. ♪ in a highly capable lexus suv at the golden opportunity sales event.

lease the 2020 nx 300 for $339 a month for 36 months. experience amazing at your lexus dealer.

melissa: hitting the trails, millions of americans turning to bike riding amid the pandemic, triggering shortages across the u.s. grady trimble is live at a bike shop in chicago with more on this. good for them, grady. >> reporter: it is. bike mechanics have been busy. well, you just saw a customer walk out, and if you're looking to buy a new bike, well, it's slim pickings right now. the racks here at cozy's bike shop in chicago pretty empty. some of the higher price point

bikes still available but that'll cost 2, 3 or even $4,000. that's an e-bike for $3500. sales really spiked in may when they were up 5300% year-over-year, and they've continued even just a couple of weeks ago they were up around 1200%. and what we're seeing is people biking to work, it's a practical way to get around, they're biking to the grocery store but also biking for leisure. i want to show you some numbers from when the lockdown from coronavirus started. trail riding was up 350%, and with this surge in interest, there was a surge in customers lining up outside cozy's bike shop and other bike shops across the country. listen to what it was like at the peak time during these lockdowns. >> the line outside would be 45 minutes to an hour. it was nonstop. we had to close certain days just to give the staff a break. we started opening on tuesdays at 3 p.m. to logistically move

bikes around to make room, and it was a logistical nightmare. >> reporter: and the logistical difficulties continue. if i wanted to buy a bike today, i might have to wait until mid september to get it, melissa, maybe even the winter for some folks. and connell was giving me a hard time when he was filling in for neil earlier about not riding a bike during my report. i tried to, but they just didn't have any in stock to give me. [laughter] melissa: i don't know, we're not completely sure that we believe you on that front, grady. you're going to have to prove it some other time. definitely a cool story. we like to hear about those businesses and the folks that are doing well in spite of everything that's going well. connell -- i mean, grady, thank you. connell, over to you. connell: oh, we know. i was trying to tell him flock would have rode a bike, you know? but whatever. a couple of notes from the sports world before we wrap up the hour. everybody's trying to figure

this new world out and how they're going to do it when they get back to business including football. the nfl just put an alert out saying if there are fans in the stands for nfl games this year, they'll be required to wear masks, everywhere in the league. a couple things on this. number one, some teams had already said it, is so what the league is doing is just making it across the board. if you come to our stadium, you have to wear a mask. you might be saying i didn't know there would be fans in the stands x there might not be. earlier in the week we told you both the jets and the giants who play in east rutherford, north carolina, -- new jersey do not plan on fans. and the toronto blue jays are still looking for a home. terror the toe said, no, you can't -- toronto said, no, you can't play here. it came out today that the pennsylvania governor is not the interested in them playing in pittsburgh either w. the baseball season set to begin tomorrow -- tomorrow's opening day for a number of teams -- the

toronto blue jays are still looking for a home, maybe baltimore, maybe some other cities, but we'll see what happens. we have a home, it's here, we'll be back tomorrow. it is time now for "lou dobbs tonight" which starts right now. enjoy your night. ♪ lou: good evening, everybody. president trump is scheduled to hold a news conference this hour in the white house briefing room, and you see a couple of correspondents beginning to gather there. we'll be bringing you that live. as we await the president, we are turning to the acts of the radical dems, the act visits of the radical left. actions that are bringing them ever closer to outright insurrection in some parts of this country. their continued destruction and course of violence have become hallmarks of the political movement that's trying to strip this nation of its proud history, its heritage, even its