korea. msci emerging markets etf incomes much of that. [closing bell rings] john, when you're on camera, we love to have you back. john forlines. thank you very much. what a session for the dow, gaining 357 points. a lag for the nasdaq, down 43 that will do it for "the claman countdown." have a great day. connell: dow has a rally. most of it coming in the afternoon, after president trump signed executive orders aimed at providing economic relief for millions of americans. good to be with you, here on monday. >> i'm jackie deangelis in for melissa francis today. this is "after the bell." nasdaq

is about 2% away from record territory. blake burman at the white house. edward lawrence in washington. we start with blake, with the latest from the president. reporter: the white house is acknowledging that it might take some time to get federal unemployment benefits out the door going forward. the executive order from the president $300 from the federal post, the states matching $100 if they are able to. some state governors mentioned they can't. in any event the white house is working on this issue. in the interim, they are hoping that democrats return to the negotiating table. >> i can't pinpoint a timeline other than we're working around the clock. we urge democrats on the hill to come back. secretary mnuchin is willing to review any proposal because the american people deserve better than the games and partisanship they have seen from nancy pelosi

and chuck schumer and their democrat colleagues. reporter: now the president also took action suspending some collection of payroll taxes and deferring some payments of student loans. when it comes to those payroll taxes chuck schumer is calling that, quote, spit and glue. >> clinging to the hope that the president could do something on his own through executive orders but as we have seen executive orders in general aren't going to get the job done, especially the incompetent ones issued over the weekend. reporter: now the president is now in a back and forth with the republican senator ben sasse who has called the eos, quote, unconstitutional slop. president trump this morning called sasse a rhine rino meaning republican in name only. the sasse says president cannot

unilaterally race or lower taxes because as sasse says, america doesn't have kings. jackie: blake burman thank you very much. here to react is congressman jody hice. congressman, thanks for being here. so much to unpack. that sound bite that make used with kayleigh mcenany at the briefing this afternoon. the administration saying we're working as hard as we can to get aid to americans that need it. the democrats have been very critical. the problem is, democrats want 3 1/2 trillion dollar by the republicans want a one trillion dollar bill. it seems like it will be very difficult to meet in the middle. your thoughts? >> we're two trillion dollars apart. imagine that, two trillion dollars apart. democrats have been dragging the negotiations out. they have been disingenuous about their efforts. really they have put their own partisan politics ahead of the american people which is frankly becoming commonplace for the democrats. this is, you know the things that they were proposing were just absolutely filled with

grotesque democratic agenda pork items. we don't need that. we need to deal with the issues that are at hand, that are concerns to the american people, not fill the pockets of democrat agenda items. jackie: part of the problem here was the extension of the unemployment benefits, $600, right? the democrats wanted. that the president said he would give it to them. at the same time they still weren't able to make a deal. so he goes ahead, he signs the executive order. you have got $300 coming from the federal government. $100 coming from the states and everybody is up in arms about that. >> you know $600 quite frankly was too much. 83% of the workforce in america at the unemployed individuals receiving that $600, 83% of them that was more than they were making on the job which makes it extremely difficult to get those individuals to go back. here we are trying to open the economy, reopen the economy and the employers are unable to get their workforce back. and so i think frankly that was

precisely the reason why the democrats wanted it. they want to slow down the reopening of the economy in order to hurt the president in november. but more realistically, $400 which is where it is at right now i think is much more realistic. it will provide need to those families and individuals who have authentic needs and at the same time encourage them to get back to work as quickly as possible. jackie: but the democrats say, it is august 10th and people need this money. the $400 won't get into their pockets pass enough to help them especially since you have the components of the states being involved? >> again, that is so disingenuous. the democrats have been dragging out the negotiations. they were the ones obstructing this from the very beginning. had they come to the table they would not be in the situation now where the president is really being pushed into a corner, having to utilize executive orders rather than negotiating instruments and tools that we had available.

the democrats refused to do so. so now i believe the president has acted in the good faith of the american people. he is taking steps that need to be done in order to address the problems at hand. jackie: he is taking those steps yet he is being criticized for overstepping his authority. >> well, listen we all have concerns about the executive authority that frankly congress has ceded to the executive branch. there is no question about that. where were the democrats when obama did the very same thing? when he allowed millions of undocumented individuals to receive work permits? their complaints right now are very disingenuous. the again the president was pushed into a corner where democrats absolutely refused to negotiate and yet there are families that desperately need some help, some aid. so the president took temporary action to try to address some of those needs through executive order. i think he is appropriate and in

his actions to do so as what needs to be done. jackie: congressman, thank you so much for your time today. great to see you. >> thank you. jackie: connell. connell: all right. jackie, to the heart of america's economy now, the small businesses. we know so many of them have been struggling since the country was rorked by the coronavirus pandemic. edward lawrence today talking to the small business administration about the next steps in the rescue plans. edward? reporter: there was a flury of activity in the last two days. the payroll protection program was active. we're talking about $1.6 billion approved bit small business administration in those last two days. the program now closed until the dem crafts and the administration can come to some sort of an agreement. in an exclusive interview the administrator for the sba, jovita carranza tells me she hopes the money left over, the $135 billion, can be used to keep the program going. listen. >> a lot of small businesses i

met. as well as the lenders and the chambers are looking forward to continued support from this administration for small businesses. as long as it is a lifeline to continued growth for small businesses i believe we'll continue strengthening and securing our nation's economy. reporter: and she thinks that small businesses can get back this year to the growth they saw before the pandemic shut down the economy. now pointing out that small businesses represent nearly half of the workforce in the u.s. >> 31 million small businesses that represent half the gdp as well as half the workforce. the ppp has proven to be the greatest program ever in the history of the united states that has mobilized the small business economy. reporter: in her words the greatest program ever. the sba approved 5.2 million loans. have authorized more than

$525 billion in potentially forgivable loans. cancarranza, believes the majory of americans sustained their jobs and the majority of the 9.25 million americans saw their jobs added back to the economy in may, june and july. connell. connell: got us this far. a lot of concern, edward, what comes next especially going into the fall. good reporting as always. edward lawrence. jackie. jackie: a path forward for students. more students reopening for in person learning across the united states. as cases spike like in florida we're live on the ground in the sunshine state next. the escalating feud on the world stage. we have china's latest retaliatory move on the united states and what it could mean for our national security. surviving celebratory setbacks. the champagne industry facing one of the worst years in its history. so are sales going to

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latest for us. reporter: jackie, good afternoon. i'm in cooper city, in broward county. three counties opened schools. orange county, the largest county in central florida, baker county opened in-person schools and you're right it is a patchwork. this is a renaissance charter schools. they have 500 schools. this is the you'll, it has 360-degree camera on top. it has audible sensitive cameras all the way around t follows the teacher, seamlessly no matter what as i give instruction. so that is what students back at home see, they feel like they're fully sitting in the classroom with the classmates. the teacher can go on the whiteboard and write what they want to write. i will write mobile. that is what this is called and because this is a mobile classroom. and this is hybrid.

what charter schools think will be necessary to make school a reality. ability to teach kids in the classroom and virtually at the same time. >> students need each other and when we can't physically do that, we can virtually do that. this does it in a better way. this just doesn't mean a teacher sitting at home, a student sitting at home. a teacher in a classroom. maybe some students come back. now the rates are down, they're in the classroom but some haven't. now all those kids can experience that same classroom. reporter: you will notice this headset this is what teachers have so they can seamlessly answer questions students may have. i can raise my hand just like this. it will pop up there so everybody in the classroom can see me. we spoke to a teacher here, jeanne alonzo who said honestly before this it was pretty hard to teach. >> the engagement is needed to make teacher learning to thrive was missing. hard to engage a student, when all you can see i'm stuck in front of my laptop.

reporter: look at the classroom. 24 desks are usually here. now are only eight. they are blocked off by blue tape, socially distant from each other. it will be up to the schools and parents when they start to allow in person schooling. most counties are starting virtually, with the idea of moving in person instruction as parents warrant, if they want to send their kids to school. guys? jackie: bryan, great reporting. thank you so much. connell. connell: back here in new york, jackie. we know governor andrew cuomo gave the schools the green light to reopen for in person instruction in the fall. but as you heard in florida how they do it is up to the local school districts. we're joined in white plains with that superintendent of school. welcome back to the show. i don't know if they have the high-tech devise in the florida charter school.

i assume you're doing something hybrid, not fav days in person. what are the plans in white plains look like? >> thank you, colin. good to see you again. this is what we're seeing, school districts working to create plans to allow children to reenter facilities safely. like in the segment previously, we're looking at all of those ways to provide a hybrid or blended learning experience to our children in both the synchronous and in-person and asynchronous fashion. also to be able to engage the children in their home and while faculty and staff members are in the classroom. connell: when you put together the plan, some students go one day, some students go the next day, right? i believe one day it is closed down completely. then you go on off, like that throughout the fall messer, i'm sure you got feedback both from the teachers and from the parents. what was that process like? were people saying you were taking too much risk, not enough risk, what were you hearing?

>> yeah, all of the above and you can really understand that coming from parents and guardians and staff members. you're going to get all different types of ideas what is the best and we're respecting saves aspect of that conversation. it is our job to figure out the safest way to bring children back into facilities, provide them with a high quality educational experience, and at the same time, continue to keep the numbers of covid-19 that we worked so hard to get down in new york, to keep them low. unfortunately in other states -- connell: teachers giving you a problem, joseph coming back? have some teachers, are they reluctant to come back? has it been an issue getting the numbers you need to put this plan in place? do you have the numbers? >> i can't say enough about our teachers, our staff members. everybody wants to come back. they have not given me a hard time at all. do we have folks concerned about themselves or members of their family because of underlying health conditions? yeah, absolutely. will we work every way to support them every way we can,

you bet. teachers want to be back in the classroom with the students. they want to make sure if we're in remote setting or hybrid setting we're giving them the best experience they possibly can. connell: fair enough. there will be positive tests for covid-19, we have to assume just from the data and from the math in a district as large as yours in new york, even though our numbers have come down so much. what is the plan when you do get a positive test for a staff member or student? >> so the plan is to work really closely with the westchester county department of health, our local department of health and the state department of health to make sure we're enacting contact tracing methodology so we can figure out how many folks may have been potentially exposed and work to make sure they're tested and/or quarantined for a period of time. we also know we'll have to be conservative how we approach our facility making sure it could be possible we might have to close depending upon potential spread. so that is a going to be a day-to-day issue, connell. by the way, that will be

everywhere as we're seeing all throughout the country. connell: is that your own personal judgment call as superintendent? you know what? i'm not comfortable keeping x school open in my district? or do you have a metric that says if this percentage of positive tests come in we're done? >> so we have a metric for the region in new york. we have a metric for our area but we're also going to be getting advice from the health department. at the end of the day i tell you our bored of education here and our administration will always take a conservative approach to keeping people safe f we feel like because of the nuances or because of the situation we need to close the facility for a period of time we'll definitely do it. connell: if the numbers stay as they are, infection rate 1% or below, something around that, that is obviously what everybody is rooting for say through the whole fall, we didn't get a spike, people are predicting we'll get a spike, say we didn't hypothetically, would you be prepared to go back five days a week in the spring, full time, full instruction if that is what we're looking at?

how do you look forward or do you look forward at this point? >> it's a great question and the schedules we're putting in place in white plains or for our hybrid or blended learning model are children's schedules. we'll move into a hybrid model, into a fully remote model, if we get lucky enough to a full in-person model where everyone is back in the building. the idea is to reduce any type of challenges moving in and out of one particular model. so our children get the schedule. they get classes and they will be following that schedule every day. connell: and you have made some adjustments i assume on the hybrid model in terms of how people teach remotely? i think we talked about this last time you were on. bryan llenas's report from florida dictates how technology get involved but teachers in general, do you think they're more comfortable with it in terms of doing it live and being on with students and interacting a little bit more than they were say in the spring?

>> i think, listen, i think bryan's segment was great. we're seeing how we leverage technology better to be in better contact with our children throughout the course of the day. our teachers continue to participate in professional development. there are opportunities all the time and continue to be. teachers want to do the best job they can. they know being in connection, being in contact with our kids, that is paramount. so whether it's virtual. whether it's in person, i think they will do whatever it take to make sure they're meeting our children's needs. connell: unprecedented situation obviously with no perfect answers. thanks for coming on, helping us talk it this, a lot of people dealing with the issues. joseph, white plains, new york. jackie: we have a fox news alert. a california judge issuing an injunction uber and lyft classifying their drivers as independent contractors because

of the state's labor code. he agreed to pause the injunction 10 days so the companies can appeal their decision. an historic decision is on hold despite wide expectations that the big 10 will cancel its 2020 college football season a spokesman for the league said no vote has been held at this time a formal announcement reportedly is expected tomorrow. we'll be right back we love our new home. there's so much space. we have a guestroom now. but, we have aunts. you're slouching again, ted. expired, expired... expired. thanks, aunt bonnie. it's a lot of house. i hope you can keep it clean. at least geico makes bundling our home and car insurance easy. which helps us save a lot of money oh, teddy. did you get my friend request? uh, i'll have to check. (doorbell ringing) aunt joni's here! for bundling made easy, go to geico.com. hello?

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♪. connell: to the unrest in chicago. the downtown near lockdown as business owners are picking up the pieces today. many bracing for what they fear could be another night of violent looting. grady trimble covering it. he is live with the details for us. grady. reporter: connell, you can see the cleanup and boarding up going on right now. this is a check-cashing business that was hit last night. next to it a beauty store that was also apparently looted.

more than 100 people last night arrested for looting. 13 police officers injured while this looting was going on. police say it stemmed from a shooting on the city's south side. police shot at an armed suspect after that suspect shot at them. well that apparently upset people down there and police say there were calls for people to get in their cars and caravan to the downtown area and start looting. that is exactly what happened. department stores were hit. liquor stores, pharmacies, you name it. they were looted last night. lori lightfoot, the mayor of chicago, condemning it this morning. >> this is not anywhere near acceptable and i call upon our state's attorney and our courts to make sure that these individual who were arrested and those to come are held accountable. put your best people on this. reporter: one organization that did not condemn the looting last

night, black lives matter chicago. they put out a statement where they actually blamed police on the south side for shooting at that armed suspect. back here live, we know that the looting continued into the day today. in fact, on the city's west side deputy responding to the scene had a brick thrown at his cruiser and was hit in the face by that brick and had to be taken to the hospital. officials here in chicago trying to prevent this from happening again tonight. they place ad curfew from 8:00 p.m. to 8:00 p.m. to 6:00 a.m. to make sure the downtown area remains locked down and looters stay out. connell? connell: keep us up to date on that. grady trimble. jackie? jackie: china hitting back at the u.s., slapping sanctions against 11 americans including top u.s. officials. what the latest move can mean for a growing diplomatic spat next. taking the spin out of

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connell: we're back with a "fox business alert." the kentucky governor, andy beshear just recommended that schools in kentucky delay in-person teaching in that state until at least september 2th. that is the loss monday of the month. that is concerns about the virus. the issue in kentucky is positivity rate for covid-19 has been rising across that state. so they're delaying in-person learning. jackie. jackie: first it was the coronavirus pandemic. now growing crime and homelessness leading many locals to flee new york, connell. aishah hasnie is live in new york with more of that. ashiah. reporter: jackie, good afternoon. we heard reports of hundreds of thousands of new yorkers leaving the city amid the pandemic. now we're hearing story of a story of people wanting to leave once again because they don't feel safe in the city anymore and they may never come back. of course this summer we saw spikes in gun violence, shootings up 177% this july.

compared to last july. then we saw people doing drugs in broad daylight right in the middle of midtown, leaving used needles out on the sidewalks. now, complaints are mounting over the city housing hundreds of homeless, drug addicts, sex offenders in three upper westside hotels sometimes without informing residents. that is what residents are complaining about. some want to fight back, take back their neighborhoods. others are fleeing. listen. >> i'm actually looking to move out of the city of new york, hopefully next year. i can't see living here under these conditions where i'm afraid to walk out and go to the store shopping for groceries. >> i'm staying for now. i have an apartment here. i cannot just get rid of it. >> if my wife would let me get t out of city i would be gone. reporter: mayor bill de blasio is hopeful the new anti-crime strategies he put in place will

turn things around. as for anyone leaving though, he said those people will be replaced. >> i think you will see a certain number of people who leave and after appropriate time, after there is a vaccine will come back. i think you will see some people maybe decide they want a different kind of life-style. i think a lot of those people will be replaced by other people coming in. reporter: jackie, the mayor may not be begging anyone to stay but the governor sure is, even joking in a press conference last week that he has been bribing his friends to please come back to the city, offering free dinners, free drinks, but he says, they're not coming back just yet. jackie. jackie: i've seen it with my own ice. it is bad on the streets. it will be difficult for people to come back if they don't feel safe. thank you for that. connell? connell: shifting gears here a bit. stepping up retaliation, china sanctioning 11 americans including senators ted cruz and marco rubio, this after similar measures by washington against

officials from hong kong and mainland china. we're joined by john hannah to talk about this. john the former national security advisor to then vice president dick cheney. he is foundation for defense of democracy senior counselor. good to see you, john. your reaction, rubio, cruz biggest names but a number of other american officials. your reaction to the latest move from china? >> connell, the chinese have been scrambling, put on their back foot, this absolute onslaught, economic, diplomatic, idealogical trump administration to punish them across the board for their malign activities and china is reaching out trying to figure out how it can sort of save face and hit back at the u.s., but let's face it, sanctions by china don't nearly meet the kind of pain that is inflicted on chinese officials

by american sanctions. when you're locked out of the world's major reserve currency, the dollar, it is a lot different than being locked out of the chinese financial system. it is apples and oranges. connell: what are your thoughts on, you know, the strategically on the trump administration stepped up efforts? because you're right, people talk about president trump having been quote, tough on china but this is something different we've seen in the last number of weeks. as an example, the president actually been criticized by some china hawks early in his administration for not being outspoken enough on human rights. the uyghur muslims, fork but that has started to change. what do you make of the shift it seems we're seeing from the trump administration here? >> on one hand it was absolutely essential. as the president had said, far too many administrations in the past have absolutely the wrong paradigm about china treating it if it can be brought into an

american-led international order as a responsible stakeholder. that has been absolutely disproven by china's own maligned behavior, aggressive activities in the south china sea, human rights crackdown against muslims in hong kong, threatening of taiwan, the whole coronavirus virus crisis and disaster. so i think the president's shift on china was absolutely essential. i think it will choirry over for decades to come in american foreign policy. this absolute necessity of really competing with china to see whose vision of an international order, of an international system is going to carry the day here. i do think we've got to be careful because these are two great nuclear powers as well and right now their relationships are on a very steep downward

slope and there is not clear what the bottom of that will be. i just think it is also a time for good diplomacy as well to manage this competition as carefully as possible. connell: two great nuclear powers. of course we've been through that before with the soviet union and the cold war. what is different here you're talking about two great different economic powers that do a lot of trade with each other is, are we going down a road where it will be similar to those old cold war days but with much more on the line economically, going two completely separate directions for big american companies, big chinese companies? what do you think? >> i certainly think that is the trend line that we're on right now is a major decoupling of the world's two biggest economies, which as you say, connell is unprecedented in history. i don't think we have anything to look back on in history that is anyway similar where the stakes are higher, not only two

great military powers but, two, the two largest economies in the world that are deeply, deeply enmeshed and the price, the cost, to the american people, to the chinese people, to the international economy, major confrontation and division into two absolutely separate systems is something that i'm not sure we've at all built in and calculated what the price of that could be. i think everybody is hoping for some kind of a middle ground where we clearly have a new paradigm of competing against china and yet are able to maintain some levels of transactional cooperation in areas where it's necessary for us to be able to work together. connell: seems tougher and tougher to do as the days go on. john, always good to see you, get your perspective. john hannah. jackie. jackie: connell, bracing for a little less magic. walt disney world is scaling back the theme park hours this fall amid fallout from the

pandemic. the various parks will close one to two hours earlier starting september 8th. preparing to address reporters. president trump will hold a news conference at the white house. we'll bring you the president's remarks as soon as it happens. plus in just a few minutes lou dobbs will interview vice president mike pence right here on fox business. stick around

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♪ connell: turns out it is not so bubbly this year. champagne, once the most popular celebratory drink it is actually facing a pretty deep decline. sales are down over two billion dollars this year as we work our way through this pandemic. jeff flock live with more on all of this. jeff? reporter: all about celebration, connell and people are just not celebrating now. this would be the place to do it, boy. this is the famed gold coast room. legendary drake hotel in chicago. we just popped a top on the bottle, haven't we, damien. >> perfect timing. reporter: perfect timing. this is bottle of dom.

they are not going to open it for me. two billion dollars in lost sales because of weddings and 100 million bottles unsold by the end of the year. what is that sitting you're sitting on champagne you expected to serve at weddings. what now. >> pandemic took effect on our business. celebrations continue. our inventory of seller vintage and non-vintage. vintage lasts 10 years. reporter: this is the vintage, dom. connell, i'm sure you do, the same groups from the same year. is vintage. the other stuff is blended, non-vintage. >> yes. reporter: they're talking about having so much champagne this year they will turn it into hand sanitizer. we have a popular ceo in france saying that would be a insult to

nature. that would be just awful. but you actually are sanitizing because when this gets cooking again, people are rescheduling their weddings, correct? >> yes we wanted to make sure. we rescheduled 65 weddings from march to next year. reporter: people put it off because they can't come here so they put their wedding off. >> yes. part of that they need ad confidence they could put us into a safe environment. hilton rolled out a program, hilton clean stay, hilton event ready. what it does is, it assures the confidence of each of our guests making sure when they went to the guest room, for example, the rooms are sealed. they will have to break a seal to see that entire room is sanitized. reporter: not making sanitizer with champagne. >> no, went with lysol as the mayo clinic to have as many trusted brands as hilton. reporter: come over here,

damien. this is the famed champagne wall at the drake. >> yes. reporter: tell you, this room has probably popped more champagne -- how many bottles per wedding? >> not unusual to do 150 to 200 bottles per wedding. we're careful about the amount of weddings we take. we want to make sure we assure a great quality event and great experience. reporter: if you have vintage champagne you can keep it for 10 years. that is the good piece of news i leave you with, connell. if you don't, three years. if it starts to go bad drink it fast. connell. >> i have a couple of jokes i won't do either one of them. reporter: thank you. connell: between you and weddings. and other one might have to do with you sipping champagne during the interview. that is interesting, jeff, we could have a million stories where, where alcohol sales to be serious have been up so of, right during the pandemic it is interesting in some ways. reporter: this is the yin and yang much that. exactly. this is the one because it is celebration.

it is all about celebration and we're not celebrating these days but maybe next year, huh. >> people will celebrate. reporter: okay. cheers to you, sir. connell: people will celebrate. we'll leave it on that. cheers, thank you, jeff. he needs to get going, jackie. has very important work to do. jackie: you can add about 150 to 200 bottles of champagne for my postponed wedding connell. seeing that venue empty reminds me of everything that happened this year. he is right, the celebrating will continue hopefully next year. 2021. we'll see. connell: is that what you guys did, one year ahead? jackie: that's what we're going to do. that is all you can do. getting ready to take the podium. we've got president trump holding a news conference at the white house. we'll bring you the president's remarks as soon as it happens. plus in moments from now lou dobbs will interview vice president mike pence. be sure to stay tuned to fox business this is decision tech.

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♪ ♪ >> the fate of tiktok in the united states, according to the "wall street journal," well, twitter has preliminary talks or held them with the chinese social media app in combining companies as the deadline for president trump's executive order on banning the service approaches. here now on the phone, kurt key newt seven, the cyber guy. how does this muddy the waters now that twitter may be getting into the game here? >> hey, jackie. yeah, you know, september 15th pressure is on because that's when the president says that the ban is going to go in they don't sell at that point. microsoft's sitting with $132 billion in market cap against twitter's $7.8 billion. means twitter's going to have to go the out and find possibly some creditors to make a deal like this come together, especially on a quarterly loss of $1.23 billion that twitter just experienced.

with, actually, i want to correct. market cap on twitter is $29 billion versus microsoft's $1.6 trillion. and twitter does not operate in china which may give it a leg up here, microsoft does operate in china. microsoft though, jackie, a little bit down the road on discussions, twitter just getting their feet wet in the water on this. jackie: do you think twitter's sort of poking at the president a little bit here? >> you know, i often -- i actually thought it might be a compliment to the president because it's a platform that certainly is succeeding as a result of his activity, but twitter has something very much like tiktok that was shut down in 2016 so they would sort of reinvent what they already had in the past might lend credibility to the theory that you're thinking about. jackie: yeah. and there are reports tiktok may file a lawsuit as soon as tuesday regarding this ban, so we're going to have to wait and see what happens there. switching gears for a second because there may be a second chance for some shopping malls,

a report is saying simon property group is in talks with amazon to turn empty stores like j, jcpenney and sears into fulfillment centers. they're probably very well placed. >> history tells us what usually is going to happen. amazon is largely, has had a history of going after small strip malls and taking those other. well, now you're looking at simon property group with 204 malls around the country including those jcpenney stores that have shut down, so far shutting down 150 stores, sears closing about 96. so imagine a mall, the purpose of a mall, that would be an outstanding distribution hub for amazon that has seen its difficulties with the surge in demand as the result of the pandemic and having to distribute in whole new ways. other ideas that i think simon properties might be thinking about for malls would be for schools, medical offices, even adult living centers. so that's what your future mall

of your city might look like. jackie: and when you think of the economy in general when it comes to a shift like this, yes, you've got a store like sears going out, but if you have amazon coming in, that creates more jobs for the community. >> does it? i mean, these are real low paying jobs, people that are in, you know, the labor lines of throwing things into boxes and sealing them up and hauling them out the door. sure, those are going to be some local jobs, but they're e not the kind of front-facing retail jobs that you saw in the past. jackie: you know, it's interesting as we saw amazon snap up whole foods, they sort of go of after things. they don't try to reinvented the wheel, kurt, and that seems like what they're doing, not acquiring a business, per se, but taking these locations and saying we can expand in a very easy way. >> jeff bezos i interviewed, i think, when he hit time magazine's man of the year, person of the year back in 2002, somewhere there, and the one big

takeaway i had was this is a long-term thing. this is not a guy who's thinking about what does this mean this year or next year, he's looking 5, 10, 20 years down the road. jackie: she -- he certainly is a visionary guy. kurt, thanks so much. always great to talk to you. >> good to see you, jackie. jackie: connell? connell: we are getting set here in the next hour for the vice president of the united states, mike pence, he will join for a live interrue on the fox -- interview on the fox business network, lou dobbs. we're still wondering how the stimulus will take shape even with the president's executive orders having been signed over the weekend. will the negotiations continue on capitol hill, essentially what is next for american workers who have been through so much, and the president himself will have a news conference coming up as well at the -- i believe at the bottom of the hour at the white house. so there you go. thanks for joining us, everybody. jackie will be back in for

melissa same time tomorrow, and we will see you then. today the dow finishes up with a nice rally, especially late in the afternoon to end the day significantly higher, up by more than 350 points. all right. it's time, "lou dobbs tonight" starts right now. ♪ ♪ lou: good evening, everybody. we're beginning this, well, this hour of broadcasting, our first of the week, it's going to be a busy hour. we will be going to the president of the united states for his news conference, we will be joined by the vice president of the united states for an interview with mike pence here in just moments, and we're going to bring you up on the latest from the radical left. the radical left mob governing the city of seattle is set to vote to defund and dismantle part of their police department. the city council wants to eliminate up to a