see a little bit of slowdown in the job growth it will be challenging for the market. [closing bell rings] liz: great to have you, luke, pleasure to have a smart market watcher. the bears participating more than the bulls. nasdaq gaining 25. the rest of the market is in the red. that will do it for the countdown. connell: possible milestone in the economic recovery today. the dow slipping at the close but the numbers of americans applying for jobless benefits fell below one million. that is the first time that happened in more than five months. it is happening as lawmakers in our nation's capitol remain far apart on the stimulus plan. i'm connell mcshane. cheryl: i'm cheryl casone in for melissa francis this is of the the bell. the s&p down slightly after touching record territory earlier today. close but no cigar.

tology is once again a right spot. nasdaq gaining 30 points. company is planning to unveil a series of subscription bundles with its iphones this fall. apple inching closer to the true trillion dollar milestone. fox business team coverage, blake burman at the white house. edward lawrence is in washington. we begin with blake burman. hi, there, blake. reporter: cheryl, democrats, republicans phase four deal, 2 1/2 trillion dollars give or take apart. president trump says the biggest hangup is a fraction of that. 2 1/2 billion dollars for mail-in voting and $25 billion for the post office which is what the president wants. here is the president speaking to maria bartiromo earlier this morning. president trump: if we don't make the deal, that means they don't get the money. they just can't have mail in universal vogt. they can't have it. sort of a crazy thing.

reporter: democrats say right there, acknowledging not going forth with those funds would restrict access to some in upcoming presidential election. joe biden reacting to the quote. pure trump he doesn't want an election. back over here at the white house they saying that they still want to strike a deal. here is my exchange with press secretary kayleigh mcenany early this afternoon. there isn't a deal that is viable, is the white house of the position 3 trillion has been spent, we don't need to spend anymore. >> the president is about what is best for american families. he wants to see funding for schools, direct payments to americans. protected the american people every way he can in his executive capacity. reporter: we will see president trump coming up next hour. once again he will be holding one of those coronavirus briefings. back to you. cheryl: blake burman at the white house. connell. connell: as he seek as second

term, cheryl, the president also touting his plan for the country when it comes to the economy especially taxes if he were to be reelected. that also came in the interview with maria. let's get to edward lawrence with details on that. edward. reporter: president is trying to do immediately what is happening right now. he also would address some of what we would see from a second term of president donald trump, specifically the capital gains tax. this is what he told "mornings with maria." listen. >> i've done the payroll tax, this is a temporary payroll tax cut but this is a substantial, positive jolt to the economy. i'm going to do a capital gains tax cut to 15% in the second term. we'll get it down to 15. it is at 21. we'll get that down to 15%. and i will get that done easily. reporter: right now the long-term capital gains maximum is at 20%. the president says former vice president joe biden would increase that tax if elected.

now you heard the president mentioned his payroll tax deferral. signing the executive other about that added about 7 1/2% to paychecks but it is deferred. meaning you will eventually have to pay it unless the president is reelected. listen. >> the payroll tax deferral will be forgiven and, you know, when he says we'll terminate it, that is what, that is what he is referring to. it will be forgiven. after the end of the year it could be extended into next year. it will be forgiven. reporter: takes an act of congress to forgive that deferral. treasury secretary steve mnuchin said he will move money from the general fund from social security to cover any losses with the payroll deferral tax however the president saying in the interview this morning with maria he believes republicans can win the house and have a good chance winning the senate. therefore that deferral could be done, made permanent.

back to you. connell: you would need to. otherwise, edward you do it short term. what do the numbers look like on capitol hill right now. reporter: in terms of getting this done or in terms of the election? connell: yeah. reporter: which one are you talking about? connell: the capital gains tax cut seems to be a complete nonstarter, if they wanted to move forward on the payroll side they would have done it already. is that close? port the president is banking on a complete win in order from the republicans to get these things done. maybe he takes capital gains throw into another bill something like the democrats want like infrastructure for next year. deferring the payroll tax that will be a uphill battle. democrats are starting to balk on what that will do to social security. connell: now we know it is an election issue, whether control of the congress or the white house, edward, thank you, edward lawrence. cheryl. jackie: cheryl: we'll talk to steve moore about the president's tax cuts in a moment. stay tuned for that.

we have wall street's take on political stage. how executives are responding to joe biden's vp pick and what it could mean for the 2020 race. plus bracing for destruction. california in flames as farmers across the united states are facing devastation following a midwestern windstorm. we'll talk to one iowa farmer about the hurdles that he is facing. that is coming up. as a creative twist amid the pandemic. the latest food trend, delivered straight to your door. stick around for that. we'll be right back. they will, but with accident forgiveness allstate won't raise your rates just because of an accident, even if it's your fault. cut! sonny. was that good? line! the desert never lies. isn't that what i said? no you were talking about allstate and insurance. i just... when i... let's try again. everybody back to one.

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♪. cheryl: well joe biden and kamala harris calling for a nationwide mask mandate. the running mates calling on governors to do their part saying they should be the ones to enforce the rule in their own states. fox news's jacqui heinrich is in wilmington, delaware with all the details. here we go with the new policies, jackie. reporter: good afternoon toe you. the former vice president called for a nationwide mask mandate at least three months at least to be enacted by governors. he made the announcement after meeting with a health officials including a former surgeon general. he has been having these meetings for a while.

he was joined by his new vp pick, kamala harris and they delivered that call together. >> estimates by the experts are it will save over 40,000 lives in the next three months, 40,000 lives. the people act responsibly. and, it is not about your rights. it is about your responsibilities as an american. reporter: harris took a dig at the trump administration saying public health officials should be leading the country's policy biden also reacted to president trump's comments this morning indicating the president is holding up stimulus funding to block mail-in voting. president trump: they want $25 billion, billion, for the post office. now they need that money in order to have the post office work so it can take all of these millions and millions of ballots. >> pure trump. he doesn't want an election.

reporter: some democrats suspect president trump sponsored the recent usps overhaul to eventually priced advertise the agency or hammer mail-in voting which he long argued is ripe with fraud. back in march the president said it would prevent republicans from getting elected. the president appointed a new loyal postmaster general to cut costs to promote efficiency and stability after the agency lost $9 billion last year. the changes are being part for significant mail delays. the biden campaign says the president of the united states is sabotaging a basic service hundreds of millions of people rely upon, cutting a critical lifeline for rural economies and for delivery of medicines because he wants toe toe to deprive americans from fundamental right to vote. the 25 billion they're seeking was proposed by the postal board of governors, not their party.

cheryl: connell. connell: more on the democrats we're joined to discuss wall street thoughts on the kamala harris pick, robert wolf, former head of and former advisor to president obama and biden in economic issues. how this pick was received. i read couple things the last couple days. kamala harris is the most liberal senate of the united states senate. people using that, the organization go have track, tracking votes. democrats in the business community, wall streeters, a lot of silicon valley types were happy with the pick. so how do you figure that. >> so, number one i've known kamala since 2006, so i know her personally and incredibly well, her family. i mean i think it was an amazing pick in the last 24 hours has shown that. not only the amount of money

that was raised to show incredible support which was predominantly grassroots. over 150,000 were new people that never donated to biden but us the out pouring from all different sides, not only the business community and unions but from the private sector, the public sector. so i think it was a great choice. the reason that the business community likes kamala is because we want to go back to some normal environments. you know, the way that president and his administration is act something just not normal, okay? they're spiking the football about the employment numbers when 60% of those impacted by the pandemic haven't actually gone back to work and they're still unemployed. five million people have left the labor force. so this idea that we don't have an urgent need to make incredible change, whether it is on systemic racism, simmic health care, income inequality

is something that kamala can bring to the table. connell: but on economic matters, most business-minded democrats tend to be socially liberal and then economically moderate, for the most part and, this he approvals at least from this team they're not economically moderate to be fair? these are liberal economic ideas you're basically saying you know what? we're okay with that? >> no i would say it a little different. connell, you and i chatted about this. wall street doesn't vote in waves. in 80 they voted for barack obama. in 12 they voted for romney, 16 they voted for clinton. 40% always democrat, 40% republican, and 20% go one way or the other. they actually do switch sides. i would say with respect to vice president, former vice president biden's plans they are not liberal. they're not liberal plans. he is not for "medicare for all." he is not for the green new deal. he is not for defunding police. he is not for a wealth tax.

he is pro-manufacturing. he is for infrastructure. so i would say that, with social issues -- connell: but overall significantly higher taxes, higher than you would associate with a moderate, isn't that fair? >> well i would say that what he is saying is that if you make over 400,000, okay, your taxes will go up but under 400,000 they won't. kamala i would say, look at the history. the one thing we know that happens after a war is taxes fall. every time since 1776 taxes has followed a war. we have a war. this pandemic is a war. so we have to pay for it at some point. so that doesn't surprise me that with this income inequality that is literally so prevalent that we're going to look at tax reform. that makes sense to me. connell: a lot will depend on control of congress. as a final point, one of the things he said in that maria bartiromo interview he thinks republicans can take back the house.

most of the conventional wisdom is that you know, at least from the numbers democrats would keep the house but the senate would be very, very close. how do you look at that? because that will be the determining factor whether some of these policies can get through? how do you look of control of congress? >> that is spot on, connell. right now i would say the senate seems to be a flip of a coin. democrats feel pretty good about arizona, north carolina, obviously we feel good about maine. so we feel good about our ability to take over the senate but, you know, we're 80 plus days away. that's a lifetime. so i would say that a lot of it is going to do on how the top of the ticket does. how is it biden versus trump. today we feel pretty good. we know there is a lot to do between now and election day to make sure that we don't take anything for granted but the motivation to vote for joe biden is going to be at historic highs. connell: robert wolf is plugged into the business community when it comes to politics and

wall street connection. always good to talk to you. cheryl, back over to you. cheryl: robert brought the issue up of jobs in this country. this morning we got another snapshot of that. weekly jobless claims falling below a million since the first time of the lockdowns beginning of march. steve moore, freedomworks economist. start with that, steve. maria asked him you have been focused on jobs. biden-harris came out swinging with jobs lost under his administration. the economy was on fire until the pandemic hit. now the recovery seems to be picking up steam as we head towards november, steve. >> you know it does. i was surprised by that number, chairman that came in this morning. it was a very good number. shows looks likes the v-shaped recovery pause ad bit. it may have slowed down a little bit. this is an economy people are getting back to work. i do think, cheryl, it is

related to the suspension of those 600-dollar a week unemployment benefits which were paying people not to work. funny how that happens. when you stop paying people not to work guess what, they find jobs, get back to work. good number. shows the economy, still a lot of work to do, cheryl, for sure, but a good report this morning and it shows that we're finally getting some of our businesses back on their feet. cheryl: that was a thing we talked about on maria's show, that $600 a week disappeared last week. many americans thought, do i file a claim or do i, well maybe get a job? looks like more decided to get a job. but the president obviously as we push towards november is depending on the snapback recovery but even larry kudlow today was more cautious in his tone about the recovery throughout the rest of the year. from an economic standpoint, whether it is gdp, whether it is jobs, where will we be come november and what does that mean for this election? >> well, look i think we've done

substantial damage to our economy with the lockdowns of our businesses and a lot of them have failed for good. so it is going to take a long time. it will take a couple of years in ply opinion to really get back to the booming economy we had at the start of this year. when you do that much economic damage, think of the airlines, for example? it is going to take, what, year-and-a-half to two years before airlines even get back to any kind of sense of normalcy. i flew on a plane today, cheryl, chicago, my flight had 10 people on it. that is a big plane with 10 people on it. there is a lot of progress to be made. i think, i've spoken to the president this week about this. what he needs to show the american people two things. that we have the virus under control. hopefully that will come this fall as numbers get better and better. number two, that the economy is on the right path. i'm sure he said this on maria's show, he says it all the time, it's a good line for him, i rebuilt the economy and i can do

it again. cheryl: he talked about that, she asked him what is your plan for the next term if you get a second term, talked about cap feignsgains, payroll tax which we offer covered. what in your opinion could be the most crucial move the president can make now if he indeed is heading for the second term to get the economy up and running by january? >> i do think that payroll tax suspension was a game-changer both politically and economically. politically, people are pleased that the president is fighting back against pelosi. that is what conservatives want to see but also from the perspective getting money into the hands of workers. that is a huge benefit to the economy. trump needs to say, if you elect me, that tax cut, suspension of the tax we'll eliminate it completely. cheryl: right. >> look, we're feeling pretty good about the direction of things. you see it in consumer confidence, business confidence is coming back. i'm not saying we're not out of the woods at all. cheryl: but, steve, almost out

of time but i got to ask you, but we are taking on an incredible amount of debt as a nation. rand paul was actually on maria's show this morning after the president bringing up that exact alarm bell. many economists have. what do you say? >> look the debt is out of control and i kind of laugh when i hear my friend robert wolf, by the way, had a great interview with robert. he is a good friend of mine. we don't always agree on economics. trump is adding all the money to the debt. wait a minute, the pelosi bill is $3 trillion, $3 trillion. that would you know double our debt in one year in terms of the amount of borrowing we're doing. so we do have to worry about it. it is not the top concern right now but you can't borrow your way to prosperity. one other quick thing i know we're running out of time. cheryl: sure. >> robert was, you were asking him some good questions about joe biden wants to do. well, look he wants to raise taxes very, very dramatically.

it would be one of the biggest tax increases in the history of the america. he used the term tax reform in interview. robert, you're probably watching, tax reform means broaden the tax base and lowering tax rates. cheryl: which he might do. we are really out of time. connell had a great interview with robert wolf. i can't take credit. we'll keep robert wolf. we like him as well here. we like you. i'm out of time, steve. thank you so much, sir. great to see you as always. all right. connell: if steve keeps this up robert will call back in the way things are going. it was good. fair and balanced on both sides. here is another story we're looking at, that is interesting. movies in 2020 at prices of the year 1920. amc is out with plans to open 100 more locations next thursday. they will do it with 15-cent ticket pricing. 15 cents. the world's largest theater chain introducing a series of safety protocols to operate at

reduced capacity to facilitate social distancing, also clean the theaters more. they will require people to wear masks. 15 cents. we'll be right back. when their growing family meant growing expenses, our agents helped make saving on insurance easy usaa. what you're made of, we're made for. usaa

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♪. connell: here's a "fox business alert." the game developer, epic games, has filed a lawsuit against apple. this follows the removal of the ios version of its battle royale game "fortnite" from the app store. that happened earlier today. the legal complaint seeks to establish apple's app store as a monopoly. the civil suit is seeking injunctive relief to allah fair competition in mobile app trib shun. we have a response from apple moments ago. epic games took unfortunate step of violating the app store guide lines applied equally to every developer and designed to keep the store safe for our users. as a result their "fortnite" app has been removed from the story. there you go. cheryl. cheryl: decisive, connell.

a major diplomatic breakthrough to tell you about. president trump announcing the you united arab emirates and israel agreed to a full normalization of relations. rich edson is in washington with a lot more on the big move, rich. reporter: good afternoon, cheryl. the united arab emirates is the first gulf arab nation to recognize israel and only the second arab nation in the region to do so, joining jordan and egypt. this is part of something the israeli government announced it will suspend its plans to recognize west bank settlements and annex them on disputed territory in the west bank. the white house says it was involved in this agreement. in a statement saying quote, as a result of this diplomatic breakthrough and at the request of president trump with the support of the united arab emirates, israel will suspend declaring sovereignty in areas outlined for the president's vision of peace and focus on expanding ties with other countries in the arab and muslim

world. >> this is a big breakthrough. this is a game-changer for israel. it is a game-changer for the middle east and a game-changer for the world. i think for the time-being people will focus on that and optimize from that tremendous opportunity. reporter: now the white house says the israelis and emiratis will sign a series of agreements and establish emba is is in each other's country. arab countries have been coordinating coordinating with israel especially on security concerns. brian hook tells iran that the aggressive foreign policy backfired again and manage to unite israel and the united arab emirates. administration this was outgrowth of president's advisor , and. mahmoud abbas cause this agreement treason and pushed the u.a.e. to pull back on it.

back to you guys. cheryl: palestinians had their word in that as well. rich edson, thank you for that live report. connell. connell: cheryl, crews battling an explosive wildfire in southern california. the blaze scorching 10,000-acres in less than 24 hours. that forced hundreds of evacuations still spreading fast. we'll stay on top of that. president trump is expected to address the u.s. response to the coronavirus. he has a briefing. we'll bring you straight to the white house as soon as that begins. ♪ 2, 3 medwith trelegy. the only fda-approved once-daily 3-in-1 copd treatment. ♪ trelegy ♪ the power of 1,2,3 ♪ trelegy ♪ 1,2,3 ♪ trelegy woman: with trelegy and the power of 1, 2, 3, i'm breathing better. trelegy works three ways to open airways, keep them open and reduce inflammation, for 24 hours of better breathing.

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♪. connell: farmers are reeling through the midwest after a powerful windstorm went through the area, it left trees down and crops destroyed and millions without farmers. we are joined by ron heck. we know ron. we broadcast a "after the bell" from his farm. the picture on the right is what the farm looks like now after these storms. i saw some statistics, ron. 40% of the corn and soybean crop damaged in the state of iowa. obviously this is more than your farm but how bad are things for you? >> well, i had extensive damage. i won't be able to usesera me m nd fil fieilsilsiloril for thior hve h. i't wi w w b we bblee b tohehe c

it i is a d dtaevevtititis lossy p pertamyeamag a aon bd the cropcros thth isslovew-long ato we do w ahhisssorn cn w wl w sefef o o? an ecse ise h hned h to t t t elevelorel they' the simpl sypln grain gra storage and grain drying capability to make this a successful harvest. connell: already your industry had been hurting. i done so many interviews about china and soybeans and the like. one thing i remember from your particular business you personally were well-positioned it seemed when we started speaking to weather the storm so to speak but now you have the literal storm. so what are your finances look like? >> well we got a great crop coming on but that's gone. now i have got a roughly a million dollars in damage and i don't have the ability to dry

and store my upcoming crop. so the price for that will be reduced for sure because of handling charges. the quality will probably suffer too. hopefully the corn quality isn't hurt so much that, it would be rejected and not have any value at all. connell: wow. >> it is very unknown situation right now. it's bad and it could get worse. connell: so this is corn we're talking about almost exclusively rather than soybeans, right? >> yeah. soybeans were damaged also. we were in the middle of a drought here. that was hurting the soybeans. we're in, there was hail, the soybeans were hurt worse but the hail wasn't quite as widespread. soybeans are roughly waste high flexible plant that comes back up after a wind. corn is six to eight feet high and brittle and will break off

or lean down in a wind. so corn was hurt the most. connell: and timing of it, in terms of getting your operations rebuilt or your equipment fixed would that, you know, how would that i guess line up in terms of the timing of a harvest? >> there isn't going to be much fixed before harvest. there is too much lead time. you have to clean up the old mess. you have to order the new things which everyone will want to do. so there won't be any. then you have to reinstall, build them back up, get the wiring done. it is not going to happen for very many people if any before harvest. so we're going to face a harvest without the ability to handle it connell: wow. i mean, it is almost just as kind of a final thought, rather than a question, it is like one thing after another in this industry, right? >> it has been a tough year. everybody will be glad to see

2020 go away. as you indicated tomorrow debt is already as high as it was in the 1980s. it is as high as ever been. we don't have any deep pockets out here. connell: ron, we got to know you over the last couple years. you helped us out with our reporting mostly on trade and soybeans with china. thanks for coming on. we hope you get through this. good luck. >> thank you, connell. connell: ron heck. cheryl. cheryl: we'll be thinking about all of them, connell. well fast-moving wildfire burning north of los angeles. the lake fire destroying more than 10,000-acres and forcing the evacuation of hundreds of homes from the angeles national forest. jeff paul in like hughes, california with the latest there, jeff? reporter: what started as a 100-acre fire yesterday quickly jumped to 10,000-acres in just a

matter of hours. part of the reason why they were so worried about what was happening was because of things like this. they tried to get people out of their homes as quickly as possible in this area because this fire not only destroying homes but pretty much everything in its path. this all started yesterday afternoon local time, around 3:00, 3:30. firefighters responded to the call after seeing a billow of smoke in the area. a huge plume could be seen as far as away from 60 miles. coastal community like venice reported even seeing it. so far 100 homes are under evacuation orders. no injuries reported as of yet. there are about 1000 fire personnel battling the flames, working the stop the fire with zero containment. crews reporting a sliver of relief saying the weather at the moment is working in their favor but that likely won't last. >> we have a lull in the fire because of the cloud cover but

we're concerned that once this cloud cover goes away we'll see a lot of active fire activity, especially tomorrow, into the weekend. we'll do all we canada to do the best we can to contain this fire. reporter: what is making this fire so difficult to contain, this is a very mountainous region that is fairly difficult to get to with only a few ways in and out. we should point out fire officials say they haven't seen a fire in this particular area in more than 50 years. you've got a lot of dry vegetation out here which firefighters call fuel. couple that with triple-digit temperatures we're expecting tomorrow. it will be a rough one here for the next couple days. back to you. cheryl: it is the season out there now. jeff paul, thank you for that live report. connell? connell: we have a major consumer warning, cheryl, the food and drug administration calling certain hand sanitizers contaminated with a product that

suppress the central nervous system. this brings the do not use list to more than 100 products. president trump is getting set to hold a briefing at the white house. that should be early next hour we think. if he comes out early we'll bring you live to the white house as soon as the briefing start. we'll be right back. they get that no two people are alike and customize your car insurance so you only pay for what you need. almost done. what do you think? i don't see it. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪

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♪. connell: there are hoping for a revival. florida's tourism industry has been hit so hard since the state attorneyed into a coronavirus hot spot but despite the bleak reality some vacationers are hopeful there will be a strong rebound next year. fox's bryan llenas in miami with the details. reporter: connell, i'm having a coffee here in little havana. little havana, the cuban neighborhood has been hit really hard. though rely on tourism especially from cruise ships. they usually sell 500 a day. that is down to 20. that shop, they're down 80% in terms of revenue because of covid-19. this is the famous tower theater, it is shuttered. across the way is domino park, where the cuban patriarchs play

dominoes. the ice cream shop we interviewed them yesterday, they're down 90%. the owner there is really using dry ice to start delivering ice cream to just get by. she says miami-dade county needs to allow indoor dining that has been banned for a while how. >> i'm asking for them to open us, little by little. start at 25, 50. like right now, for the last two days, or three days, we've had 50% decrease in covid. so where are these people now? reporter: florida hotel demand was down77 in april. down 45% in last week of july. overall florida hotels lost five billion dollars. we were on south beach yesterday, miami beach. it was a ghost town. we saw one man getting ticketed, 50-dollar ticket for not wearing a mask even thoughed had it on him. there is 6:00 p.m. curfew.

tourists are taking advantage of big deals, they're coming from ohio, texas, pennsylvania. >> always a little scary trying to go anywhere. you're going to take a chance getting in our own city. why not take a chance where you are in a city you want to be, see palm trees, have fun. reporter: miami-dade county is about 18% positivity rate with covid-19. if they want this $90 billion tourism industry in the state to get back. they have to get ahold of it. numbers are decreasing. they're feeling bullish. 2021 rebookings are up. united airlines 33 bookings to miami this winter. we'll see. connell: 18% is still a high number. thank you, bryan llenas. cheryl? cheryl: connell, small but mighty, e true north a company that is backing 50% of all drive-through testing sites. it is helping millions of

americans with the pandemic. now e true north ceo. i want to talk about the testing, speed of testing. a lot of complaints across the country the test results are taking too long? what is the holdup? what is the solution? >> cheryl, thank you for having me. we appreciate it -- there has been just truce of supply and demand certainly across the board there has been some, longer than anticipated turn around times for test results. ethroughnorth in our model has been having successful turnaround times. what is -- cheryl: what is really good? corral, what is really good? >> exactly. we advertise and promote on the website three to five-day turn around time. cheryl: okay.

>> and we are, fortunately we have been at the lower end of that. it truly is owed to the model that we employ from a perspective of other laboratory partners. ethroughnorth works with smaller clinical laboratories with capacity. we line up test locations along with laboratories that have capacity and we do that intentionally so that we're not overwell messenger any single laboratory and we're able to turn results around in a time frame that really is appropriate for this kind of a diagnostic test. cheryl: it is. i want to ask you about some major companies. because some have come uncriticism, in particular quest diagnostics for their slow turn around as well as labcorp and bio reference. is that maybe a better model do you think? this is a national broadcast

right now. do we need to look at smaller labs across the country? there is really a bottleneck in states. if you have to wait two weeks for test lord knows who you have exposed in those two weeks? >> you're exactly right about that. that is a very different model, quest, labcorp, the -- laboratories, they really are primarily focused on patients who are in the hospital, patients who are going to clinics and doctors office. that from what, from what i understand, that is their, really their priority patients. certainly if you think of someone who is in a icu, who needs that test result immediately it makes sense that you would want that to be the priority. cheryl: i know you're doing, i know you're doing testing. i don't have a lot of time with you coral, i know you're doing the testing, i got to ask you if we get a vaccine approved in the next month, do you think the

distribution network in this country can handle mass vaccinations of americans? >> i do. etruenorth is well positioned in that. prior to covid-19 were testing and clinical services were provided by our retail partners f you think about immunizations today, a huge percentage of flu vaccines and other immunizations are given in the pharmacy setting. so certainly we're well-positioned with our pharmacy partners to be able to help across the board get that covid vaccine out and available. cheryl: wow. coral, i wish we had more time. i would love to talk more with you. please come back to fox business and update us soon. >> thank you very much, cheryl. cheryl: connell, over to you. connell: amid a surge, cheryl of food delivery, more restaurants turning to so-called ghost kitchens. what that could mean for the

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♪ ♪ connell: the food delivery business is booming e amid the covid shutdown, so how does the restaurant industry keep up with the growing demand? ghost kitchens, the easy solution, offering a simpler, cheaper, more efficient method to fulfill those orders. jeff flock joins us today from oak terrace, illinois, to explain how this works. hey, jeff. >> reporter: ghost kitchen, connell. yeah, sounds kind of carry, it's simply -- scary, it's simply a place where the food gets cooked and then delivered directly to you in home delivery. as i said, sounds kind of scary, but what's really carry the amount of growth that is expected in this industry.

from one analyst firm, when it comes to fast food, this is going to be a trillion dollar business within next decade. and one of the companies that has been capitalizing on this, opening their first ghost kitchen in the u.s. in dallas just last month, that is wingstop. if you're a wing man, i could use a good wing man at my age, you probably know wingstop. it's a place where a lot of people go to get their wings, and they focus on deliver true. they want to be 1 is 00% -- 100% online before they're done x so they open this kitchen and, by golly are, they get quick delivery that way. more efficient, as you point out. their success has been tremendous during the pandemic because of the increase of delivery es, up 32%, same store sales over the course of the last quarter. so that's major. everybody else has been down bigtime. ceo and chairman of the company, charlie morrison, says we think it's a great strategy to place

these ghost kitchens in areas where we other side wouldn't have retole -- otherwise wouldn't have retail locations. i remember the days when you went into a diner and said let me look at the men you, here's what i want. you watched the guy cook the food. apparently now it just materializes like a ghost out of nothing. that's what we've come to. connell? [laughter] connell: you know, and it's one of these things or one of these stories, jeff, i guess, that you wonder how permanent it is rather than just pandemic, you know, for now and whether this is a whole new world, right? >> reporter: i know there's a lot of changes, i think, as a result of the pandemic that may just stay, everything from office space shrinking to things like delivery people being more hip to delivery, although maybe once we get back to it, we'll enjoy going out and seeing people in a restaurant again and, you know, breathing on each other. i don't know. maybe. connell: either way, i'm still not going to be your wing man, because that would only get me in trouble, you know?

>> reporter: probably both of us, but that's, you know, sometimes a good way to go. [laughter] connell: the great jeff flock. i'm glad we had the extra 20 seconds to have that conversation. >> reporter: yeah, me too. connell: thanks for joining us, everybody, see you back here tomorrow on "after the bell." it is "lou dobbs tonight" -- ♪ ♪ lou: good evening, everybody. president trump today announced an historic achievement in the middle east. president trump has accomplished what has eluded every administration since the founding of israel in 1948. president trump has brokered a deal that normalizes diplomatic ties between israel and the united arab emirates. this agreement is known as the abraham accord, and it marks the first time that israel has established diplomatic ties with a gulf arab astronaut. state. the deal is part of what the white