tv After the Bell FOX Business September 2, 2020 4:00pm-5:00pm EDT
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that. i want to point your attention right now. [closing bell rings] we're off the session highs. we're closing above 29,000 for the dow. nasdaq is above 12,000. new records for the nasdaq, for the s&p 500. look at these numbers. a lot of news breaking in the last hour. that's it for "the claman countdown." take it away connell and melissa. connell: the dow closing above that number 29,000. it is the first time we've seen that happen since way back in february. s&p 500 and nasdaq both at new highs. it is the second straight record for the s&p. the fourth in a row for the nasdaq. we have a lot going on. all this came on with the report with the cdc telling the states to get ready to distribute a vaccine before election day. that really seemed to help stocks. we'll to through it all for you. i'm connell mcshane. melissa: that would be great news. i'm melissa francis. this is "after the bell." fox business team coverage. susan li following the markets.
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edward lawrence is live in d.c. hillary vaughn live on the ground in wilmington, delaware. susan, start with you. >> we're seeing a record close for the nasdaq and s&p 500 as well. now one star stock performer today, we have to bring updraft kings, don't we? it rallied almost 14% in presession. not a bad 8% gain today. this is after bringing michael jordan on board as stakeholder, investor in the company and special advisor now to the board. jordan brings his brand name along with him star power and strategy and sports knowledge. we have news from the world's biggest company apple, today. yes, a bit of a drag. giving back some of the advance, not all the advance we've seen on monday. world's biggest company, $2.3 trillion. that is bigger than the entire european market and the ftse
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100. they created 100,000 new economy jobs during the pandemic. that brings it up to 2.1 million. that is 15% up in the last year. biggest states with jump in app economy jobs, not talking california, new york. texas added 36,000 app economy jobs. maryland 12,000. alabama, nevada, oklahoma saw double-digit growth. technology is not just on the coastal states. america does need more jobs. this morning we had disappointment when it comes to private payrolls and adp report only adding 428,000. that is lower than close to one million economists forecast. big business adding roughly 300,000 of those jobs. leisure hospitality, adding the rest. tech is growing. we certainly need the jobs here in america. guys? melissa: absolutely. thanks, susan. connell, over to you. connell: let's get out on the campaign trail now. president trump just wrapping up a visit to wilmington, north carolina.
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edward lawrence following the president for us, joins us live with details. reporter: any minute president landing here back in the washington, d.c., area. the president donald trump spending the day in wilmington, north carolina, he made that city the first world war ii heritage city. the president visiting battleship north carolina. that battleship was actually part of every major offensive in the pacific since the war. [cheering] president trump: -- [inaudible]. two seconds. nice to be with you. i'm going to a battleship. did you ever hear of a battleship? we in america, we don't tear down the past, we celebrate our heroes. we cherish our heritage, preserve history, build the future. this mighty vessel in this magnificent town will forever tell the story with this designation. reporter: the president told his supporters before the speech that former vice president joe biden doesn't have a clue
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and trump's campaign has enthusiasm. the president taking steps to stop evictions. the president announced cdc will enforce a ban on evictions with possible spread of coronavirus. people making under $199,000 a year or couples, 189 n.o.w. dollars a year, that they can't pay the rent with nowhere else to go. larry kudlow says the economic ban affects 40 million people, renters. >> president trump deserves credit. he couldn't get a bill out of congress so he took action himself. he took action himself on unemployment. on the eviction moratorium. on the payroll tax cut. also on the student loans. you know -- reporter: all meant to bridge the gap for the economy until the coronavirus is behind us. fox news obtained this letter from the cdc to state governors. in it the cdc is asking governors to wave license restrictions so vaccine distribution warehouses can be
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set up in the fall. it says the distribution centers will be active before november 1st. this is the first time we're hearing a more specific date as to possibly when we have a distribution of a vaccine from the administration. they have since now been saying basically they hope before january of 2021. back to you. connell: right. big news there, edward. thank you, edward lawrence in washington. melissa? melissa: clashing over reopening schools. democratic nominee joe biden slamming president trump calling for emergency funding for schools to help return safely amid the coronavirus pandemic. president trump responding moments ago. hillary vaughn is in wilmington, delaware, with the details. this battle of the wilmingtons today, hillary. reporter: it is, melissa. democratic nominee joe biden started his day in wilmington, delaware, where he lives, getting briefed by health experts and educators but he didn't announce any new
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recommendations for getting schools reopened. instead just reiterated plans, his back to school plans he announced on his website at the start of summer. >> i laid out my plans back in june and july, a road map for how to open, reopen safely and effectively. you can read them by going to joe biden.com. we need straightforward common sense solutions. but trump refuses to act, starving schools of the needed funding, funding they need now. i would be working with the leaders of congress now, today, to pass emergency packages for schools so they have the resources that they need. reporter: biden's plan includes increased money for schools to reconfigure classrooms to maintain social distancing, improve venlation to reduce the spread, smaller class size, enough ppe for every teacher and student. part of biden's advice for the
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trump administration to negotiate with congress on more money. that is already happening. it i was democrats that are holding it up according to the white house. the trump campaign saying that speaker pelosi should listen to her party nominee and pass 105 billion they have set aside for schools. >> kids should get back to school. i mean our watchwords here regarding any of these congressional negotiations are schools and kids, schools an kids. not hard to understand. and we don't have to spend a fortune. we have to provide necessary assistance. reporter: melissa, biden didn't give much hope to parents hoping to get their kids back in the classroom saying he still thinks schools should defer to local health experts about a reopening. melissa? melissa: all right. hillary, thank you for that. connell? connell: let's talk more about this. joseph joins us once again, school superintendent, white plains, new york. good to have you on the show. you have been on a number of times during this pandemic. i think your staff came back
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today, right? if so, how is that going, what is the current plan for students in district? >> great to be back, connell. glad to be here. we did. we opened our facilities today. welcomed our faculty and staff members back. you know it's different, right? a lot of health safety precautions in place. but it is great to have the faculty and staff back in our facilities. it is great to be looking forward to the new academic year. tell you what, every single one wants to welcome our children back. connell: okay so you had -- all right, that is two-part follow-up then. attendance of the staff. that has been a problem in some areas of the country. teach erps came back. what was the attendance level there? what is the current plan for students? >> yeah, faculty staff members did come back. some needed to take advantage of some leave based on their own personal situations. we understand that. what we tried to do be as supportive as we can to everyone of our faculty and staff members.
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provided many accomodations as possible, when reasonable. but i will tell you, by and large, the majority of our faculty and staff members want to get back into the classroom. they want to get back into our children. i think they have been part of the planning process. they know the steps district taken to make sure we're safe and secure and smart during our reopening. connell: so how much time do you have now before the students come back in person to prepare? that is one of the issues, there is not enough time. new york city we had that debate. >> yeah, time is of the essence of course. our students will be beginning remotely on the 10th of september. we're taking seven additional instructional days to get everything ready for our hybrid learning which will start on monday the 21st. so again, phased in, pause, in earls it of reentering the facility. connell: debate with the report before you, on funding. it is playing out in the presidential campaign.
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the biden-harris campaign says we need to use fema money. you heard larry kudlow at white house the republicans are willing to go forward with more money for the schools. it doesn't have to be part of a broader plan in the congress. however that works out, do you need that money, if you don't get that money what happens, and or, could you proceed as planned if you don't get additional federal dollars? >> thanks for the question. you remember a couple of months ago i was screaming about the heroes act. isn't it such a shame, nothing, nothing has come out of senate yet. no support for our children. our children are being used as political football. new york state, sitting and waiting for months after being one of the ground zero states of the pandemic. nothing happened. no negotiations, no deal. we need to make sure that we're supporting the states who have been affected by covid-19. school districts should not be looking at laying off staff or reducing their budgets in a time where we're spending more money to make sure we have ppe
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available, appropriate training available. so, connell, short answer to your question, absolutely we need heroes act to pass. we needed it passed yesterday. i think vice president is right. connell: if it is not passed the other part of the question, if it is not passed then what? do you go back, do you go all virtual? can you do in-person education or will you continue down a path that includes in-person education without that money? >> you're looking at 20% cuts across the board. in white plains that is 6 million-dollar dereduction on top of expenditures that are covid related. does that allow more children back into the building? probably not. it reduces academic offerings, not just white plains but school district the throughout the state of new york. it shouldn't be a question. this is funding needs to be put in place to support the state has were hit hardest by the pandemic, not just new york. connell: let me end it on a it beer note i hope.
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cdc sent of the letter we learned about, was mentioned earlier, when we were reporting on the stock market. looked like it helped stock market today, to governors, be ready to distribute a vaccine as early as november. could we have much different and better second half of the school year than first half? what do you think of that? i'm eternally optimistic. i'm looking for a great first half of the year. if we see a vaccine sooner the better. that brings hope to people. hope is really important. folks are doing a great job. children want to come back to school. parents and guardians want to come back to school, sooner we get vaccine in place, strong national testing and tracing program in place, the better off we'll all be. connell: joseph ricca, white plains, new york, school superintendent. we appreciate it. we'll keep following your situation around all the schools around the country. melissa. melissa: all right.
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just two months out from election day, democratic presidential nominee joe biden is shaking up the strategy in the midwest as new polls show the race tightening in key battleground states. a major airline, the latest to furlough thousands of employees but the trump administration vowing extra help for the battered industry. we're live from o'hare international airport. that's next. schools struggling to reopen for in-person instruction are uncovering a brand new problem, a growing teacher shortage.
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♪. melissa: the fate of this industry is up in the air. see what we did there? united airlines announcing it is furloughing at least 16,000 employees by october as air travel demand is down 71% compared to this time last year. let's go to grady trimble who is live in chicago o'hare international airport with more. grady, i know exactly who you are. reporter: thanks, melissa. aaa not even estimating how many people will be traveling as yet another summer holiday approaches. labor day this time although they do say the vast majority of people will be road tripping and therein lies the problem plus
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the lack of business travel for the airlines. as you said united airlines, the latest to announce furloughs. they say they will be furloughing more than 16,000 employees come october 1st. the number of people without a job could be even higher when you factor in the people who took voluntary packages like leaves of absence and other early retirement programs. flight attendants make up the largest number of those who will be furloughed followed by pilots. those two types of employees account for more than half of the involuntary furloughs. they also include mechanics, administrative, other roles. this comes as american announced it would lay off or furlough 19,000 employees if they don't get help for the federal government. furloughs for both companies will come together in the month unless there is extension much cares act. president trump reassured airlines that more help is on the way.
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although there is no deal yet. the travel numbers from the tsa shows you the bleak state ever the airline industry. half a million passengers went through yesterday. that is down 75% compared to the same day last year. when we will see traveler numbers return to pre-pandemic levels, pretty much all the airlines including united say they don't expect to see that until there is a vaccine not only developed but widely available. melissa. melissa: well, that could be by election, grady. thank you for that. connell, over to you. connell: all right. how about november madness. we know we will get it in politics but we're talking about basketball. the ncaa basketball oversight committee will say november 25th as tip i don't have for the basketball season. the season was originally scheduled to start on the 10th of november.
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♪. connell: now to a city roiled by unrest and uncertainty, portland. officials there are calling for an end to the protest that have led to violence as demonstrations have stretched on for nearly 100 days. matt finn live with fox news with the latest in portland for us. reporter: oregon state police tell fox business tell fox business that they're working with state attorney's office to review all the arrests state troopers made here in portland, to see if any potential criminal rioters could face federal charges. the oregon state police tell us right now their troopers have been cross deputized by the u.s. marshal's office which lets them bypass portland district mike schmidt who has chosen not to prosecute some demonstrate
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stores arrested for criminal or violent behavior. state police write in part, osp is not criticizing any officials and we respect the authority of the district attorney but to meet the governor's charge of bringing violence to an end, we will use all lawful methods at our disposal. portland's mayor, ted wheeler, reportedly told his neighbors he plans to move out of his own home because the protests and riots outside of his condo build having brought damage and fear to his neighborhood this comes after police declared a riot monday night outside the mayor's building that has14 units. rioters set fires. they also got inside of an occupied apartment building and set a fire there. demonstrators burglarize ad business nearby to use furniture for fuel. 19 people were arrested. portland's mayor wrote an email to his neighbors. i want to express sincere apologies for the damage to our home and the fear you are experiencing due to my position. it is unfair to all of you who have no roll in politics or in my administration.
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this afternoon, police have yet to identify a suspect in the shooting death of 39-year-old aaron daniel son who was shot and killed. local reports identified a shooting suspect but police will not confirm. that shooting victim is believed to be a part of the conservative group patriot prayer which held a pro-president trump caravan in portland. that man was shot to death shortly after the caravan. connell? connell: matt finn on the scene live in portland. melissa. melissa: here is alveda king. she is niece of dr. martin luther king, jr. she is also a fox news contributor and she has a new book out, "we are not color-blind, healing the racial divide." i can't think of a better reason to have you on. when we look at all the unrest and in different places and hear our presidential candidates battling back and forth about it. what could either of them actually do to help working
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families? >> melissa, i am so glad you have asked that question and sometimes i almost shudder to think, if we had had anyone else other than a real serious, successful businessman as president of the united states at this time we really would be in a worse situation than we're in. covid, you haven't seen anything like that for years and years, and years that type of pandemic. then race wars happening both at the same time. then president trump, i will talk about both candidates, to begin to stablize the economy, either candidates, both candidates would have to do that. i haven't heard a real plan from joe biden, his thing is, let's spend more government money, do more with people from the government money and taxes. that tends to be the way that
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mr. biden thinks. president trump said let's keep people working. let's make sure people are safe. he is doing a real good job with that, stablizing that economy, by giving sba loans and ppp plans and the opportunity zones, money to historically black colleges and universities, with the criminal justice situation, people coming out of jail, making sure they can be employed and have something to do. so both candidates would have to pay close attention to the economy. melissa: why do you say that vice president joe biden spending more money wouldn't work? in fact he spoke earlier in the day and he did say that. i mean that was, we've got to spend money on schools. we've got to send money out to people. all of his solutions involved really big government spending. why is that not the answer? >> if you're taking all of the money from the tax dollars without stablizing the economy
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and making sure that you're working with the private sector, that they're stablized and balanced and are willing to continue to work, to have their businesses safe and their businesses prospering, so that people can have money, then of course you can spend more tax dollars. but if everybody is locked up at home, can't go to work, the people who do have businesses, if their businesses are being attacked, bombed, shut down, people are outside screaming an hollering and you can't get into the businesses, then, there is no more money to give away. so it is not really giving away money. when you have a healthy economy, everyone is working and participating in the economy. and then you can help the colleges and universities, returning citizens and the schools. a businessman understands that. but i'm really not hearing that from joe biden. melissa: yeah. you know, when we look at our cities around the country, we'll
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use new york as an example, because we had a restaurant owner on yesterday from harlem who had historic restaurant. she employs more than 100 people. it is sylvia's in harlem. it is delicious, as well as being a historical landmark. mayor de blasio is not allowing her to open up and have people come inside. he says this is an upper class problem. that you can't go out to dinner, oh, poor people. he doesn't seem to realize what it means to working people at the restaurant and those owners. you know, who are working so hard. so many are minority. i mean what do you say to those local leaders who don't get that? >> the mayor has an elitist attitude. sylvia's is a historic restaurant. i've been to sylvia's as a matter of fact. they used to have one in atlanta, georgia, as well. in today's world people do eat at restaurants. that is not an upper class
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situation, many people do. and so for him to say, oh, that is just for the upper class, so we don't have to worry about that -- and there are other businesses, there are two barbershops, beauty salons, just so many other businesses that people rely on and depend on. and so they can't get in and out. melissa: yeah. >> of their businesses, the businesses are being firebombed and threatened not by the people who run the businesses, not by the people in the community but the outside agitators who go in to threaten and destroy. in some cities now, people are running around to the various neighborhoods saying give us your keys, give us your house. you don't have a right to live in this house. give us your house. if you have unstable community like that, you're not allowing people to go to work and go to school and to continue with a normal life, that is why i say, a businessman gets it. he would say stablize that --
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stablize the jobs. then we can work with money from taxes and things like that and the business owners are still willing to stay in the community and not leave. you don't want businesses -- melissa: that is the key. >> yeah. melissa: alveda king, thank you for coming on with your wisdom again. we appreciate it. connell? connell: all right. melissa, as we move on we have history made in the presidential money race. joe biden's campaign reported a record-shattering fund-raising haul in the month of august. however some new polls out in key swing states could bring cause for concern for the former vice president's campaign. we'll get. >> those numbers next. plus the covid-19 related teacher shortage is growing rapidly. it is forcing one town to scrap in-person instruction all together. six months after stepping away from royal duties, prince harry, meghan markle signed a multiyear
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find a stock basedtech. on your interests or what's trending. get real-time insights in your customized view of the market. it's smarter trading technology for smarter trading decisions. fidelity. ♪. connell: now looks like a tightening race for president here in 2020. there is a new poll out today, it suggests the democratic presidential nominee joe biden national lead over president trump is narrowing, as is his lead in one key battleground state and that would be the
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state of pennsylvania. let's bring in republican congressman dan muser from pennsylvania. we have the monmouth poll up now. the president is doing much better, now, congressman, than he was six weeks ago. i looked at the internals, seems like he really improved among men. doing a lot better in pennsylvania among male voters. what is going on politcally in your state last few weeks in your state? >> we have so many trump democrats who relate to today's democrat party with super high percentage of republicans. in pennsylvania, we appreciate, president came in 2016, he said he would create a strong economy, lower taxes, and regulation, and create industry. all would happen. it was very much a blue-collar boom. we have covid and which need to recover from that, pennsylvaniaians simply don't relate to joe biden's vision for
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america nor his party. they don't relate to nancy pelosi. they don't relate to kamala harris. we don't relate to gun restrictions biden says he will do. we don't relate to banning on fracking. he says he is not going to do that, but three times he said he did. i'm not sure he is aware of that. we relate to one president who has done the job and you know, the joe biden of today is, is not in the interests of the commonwealth of pennsylvania. connell: such a diverse state as you know. you are right about many issues you bring up in the red areas of pennsylvania, in some of the areas, maybe philadelphia, philly suburbs, maybe like pittsburgh they maybe don't resonate as much. how should president trump handle this? he already done it once. he against somebody hoe from pennsylvania, or should he get turnout or appeal to more independent voters, what do you
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think? i suspect it will be close there? >> definitely close. joe biden lived here for six or seven of his 78 years. people have the confidence that he will do it again. as polls get tighter what is happening with the stock market. when we hear about what the president has done, with project warp speed, that we have very likelihood of a vaccine in such a short period of time, by the end of this year. that is real. coming from the scientists. you know, our people in pennsylvania, also lawlessness issue. the idea that the leadership, joe biden and all the democrat leadership pretended, and democrat members of the house, pretended these were peaceful protests, did their best to tell the media that, we were seeing burning in the streets. to deny it. only come out with it, they're so out of touch, they have only condemned it or denounced it
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once polls told them that they should. he needed a poll to tell them that is not what america wants to see in our streets. so the level of leadership is sad coming out of the democrat leadership. connell: i wonder how much the in-person campaigning will matter as well? violence in the cities, president is harping on that. that may certainly be one of the issues that resonates. i'm sure we hear more about it. one thing i noticed i was in scranton the night joe biden spoke at the democratic convention. it is always interesting to do this out somewhere covering story, you watch the local news broadcast, many were leading with president trump being in the area because he had a campaign visit earlier in the day. seems like vice president biden realizes that. you're running yourself. you always have to run every couple yeast for congress. even in a pandemic showing up in person how much does that matter down the stretch? >> it matters a lot.
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people show up. our manufacturing shows up. for the most part schools are showing up throughout the vast majority of pennsylvania. people are going out and shopping. they're not just sitting in a basement and sending out virtual messages, thinking that is just fine. clearly we see that joe biden is getting that message. apparently polls are a little bit lagging. he is getting out now. you really want that in a president, someone who barely can get through a teleprompter? that is another conversation. sad but true we have to take into consideration here. the left-wing, the extremism has taken over the traditional democrat party. we were all part of a blue-collar boom under president trump. we're going to do it again. we're not just with the people. we're not just with the blue-collar workers. we are them. in pennsylvania. that is where our leadership is going to go and, that is why i think we're going to win large here in pennsylvania for
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president trump. connell: well you know, couple months ago someone might have said it doesn't look that way. at least this monmouth poll, i think some others look like it is very, very close now. congressman, good to see you. thanks for coming on. congressman muser out of pennsylvania. melissa back over to you. melissa: six months after the first coronavirus lockdowns began some are eager to catch the travel bug. industry insiders say 2021 could see a surge in trips and new technology might make planning safer. lauren simonetti has all the details. lauren? lauren: that is me, melissa. i'm very eager to catch the travel bug, right? we're all dying to go somewhere good. 2020 was the year of the road trip, right. if you did something, you drove there. 2021 will be the year of revenge travel. >> so many people had honeymoons, destination weddings, and big trips canceled this year. people are waiting for 2021 we
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hope we have a vaccine or really good testing to plan trips of a lifetime. lauren: before we pop the cork on the new year a last minute labor day might have gotten a little bit easier thanks to technology. google has a new site. it is google travel. it shows you not only percentage of flights operating where you want to go, but hotels with availability and they will show you the number of covid cases in each area that you search. they also have this brand new free cancellation filter so it gives you lodging options with no penalty cancellations. obviously we're changing our minds based on the situation on the ground changes. experts recommend you download the specific apps for the airlines and hotels individually. >> lower floor rooms are actually in higher demand. less time on the elevator. easy to take the stairs. equiping technology tools to reduce face time, get yourself a
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better room or seat on the plane. lauren: in the meantime, driving might be your preferred, in some cases the only option. the most popular google searches, think west, california, oregon. plus key west, new orleans and alaska. i got to say, melissa, i think the biggest worry for everyone planning a trip is what are the rules? do they change when i'm away i can't get back home? that is why a lot of people are choosing to stay grounded. melissa, back to you. melissa: no doubt. i love the idea of revenge travel, lauren. we'll take a trip together. lauren: sign me up. melissa: there is no wrong time to eat a reeses, right? the con techion airy brand releasing a new morning reeses snack cake. they created the treat that survey showed more than 80% of respondents say they eat reeses
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before noon. the new offering is set to come out in december. why not not a weekend trip. fifteen minutes until we board. oh yeah, we gotta take off. you downloaded the td ameritrade mobile app so you can quickly check the markets? yeah, actually i'm taking one last look at my dashboard before we board. excellent. and you have thinkorswim mobile- -so i can finish analyzing the risk on this position. you two are all set. have a great flight. thanks. we'll see ya. ah, they're getting so smart. choose the app that fits your investing style. ♪
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how the sports and entertainment industries were hit hard by the start of the pandemic, but since then interest in golf has been surging as socially distant activity. eric anderson is back with us now. this is one of those good news stories. i know you had to furlough or lay off about 20,000 employees but now people are dying to get out on the golf course. they're dying to go to topgolf, especially those who can't play 18 holes or didn't play before are sort of taking up the sport now. we frankly have so many fewer options. how are you guys making the most of this? >> melissa, great to see you again. we started with safety as we talked about in march, the thirst thing to do is make everybody safe. we worked really hard to do that. i think, you're right, we're socially distanced. we're outside. people love to be together. we had nice summer and take safety a great act tip of the
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and really a lot of demand for people to get together, in small, safe, groups like we're doing, we've been able to make good progress. we're excited about what we see at our facilities. melissa: what has volume been like? do you see new people take up the sport? >> we see new people take up the sport. we saw the fanatics who can't live without top golf. the families would come back as they got comfortable. it was safe and of course the pga tour did a lovely job bringing the product back on tv. our top tracer range, people see that. they get safe and have a lot of encouragement to take up the game, and enjoy time with family and friends in a safe and fun environment. our visits are up nicely. we're really encouraged. we're really encouraged. melissa: yeah. i know that you were expanding
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at a rapid pace before all of this hit. you have a lot of things going in your direction. for example, you know, the space. retail is not as desirable any longer. they have a hard time paying the bills in those spaces. it makes it cheaper for you, and you need a lot of space. are you back to expanding at the same rate. >> not quite at the same rate. we had eight or nine facilities we had to stop construction because of safety reasons. we're starting those up again soon. we have a really good pipeline. we'll be back to rapid expansion in the not-too-distant future. all of this manages all of this bringing people, construction teams back together safely. you don't want to start and stop. that would be not the best. but we're really optimistic about the growth. we have demand from all the locations because of changing nature how space is being used
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because of the virus for sure. melissa: what are you doing to make sure that your customers feel safe and how do you keep -- you have a lot of staff members. how do you keep them safe and are you back to food and beverage? >> we're absolutely back to food and beverage. our primary focus of both of those things is first, our venues, we really are very rigorous about disinfecting everything after every use. the clubs and we put barriers between the bays. those two things. we're outside and data suggests outside is much lower risk environment. with our associates, it is testing and masks and just really good cleansing. all the cdc protocols. as you know, melissa, we talk many times. our team and spirit and care they bring to our guests, as well as experience is second to none literally in the world. so our teams really adopt these
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ideas enthusiastically and rigorously to bring this idea of connecting people in meaningful ways. now safely, right, a whole new term, meaningful ways and safely. there is whole new enthusiasm for our teams to do that as well as we can. melissa: congratulations to you. we love good news stories. we're desperate for fun. wonderful to hear about a place to go. eric, thanks for coming on. good to see you. connell. connell: we do love good news stories. not this one so much though. skipping school? fears over coronavirus are contributing to an ongoing teacher shortage as schools are reopening around the country. we'll have a live report on that next.
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a high rate. that creates a teacher shortage. now, the superintendent we spoke to earlier in the show seems to have been relatively lucky in this regard, but others have not been. kristina partsinevelos live from outside a school in new york city with more on this. kristina. >> reporter: what a rough start to the school year. here in new york, you had the first day of school actually delayed, remote learning becoming the new norm across the country, and now a shortage of teachers. health concerns, safety issues are a major part of that as well as childcare issues. but a lot of teachers are opting to take either a leave or absence or retire altogether. in new jersey you had a situation where at least -- sorry, i should say new york state alone, they saw a 20% jump in the number of retirements amongst teachers just this summer alone compared to last year at this time. in arizona one district had to be forced to go remote because almost half of its staff decided to take a leave of absence. a similar situation occurred in new jersey where 250 teachers chose to take a leave of
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absence, forcing the schools to go completely remote. fox business spoke to the superintendent of freehold regional high school. he said he's very worried about the shortage. >> these requests, you know, opening remotely isn't from a lack of planning, it's from a lack of staffing. and many of the districts can meet all the health and safety requirements, they cannot staff the building. >> reporter: childcare, of course, is a major issue. health and safety does play a major role. a survey from education week found that one in three are citing that they are at critical racing of catching covid-19 which would lead a lot of them to not want to return to any of the schools until there's a vaccine. right now across the united states you have a lot of vacancies, and the competition's wrapping up -- ramping up for substitute teachers. back to you guys. connell: yeah. just a real tough spot too for
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principals and superintendents as they try to figure out their numbers and whether they have enough people when they get things going. thank you, kristina. kristina partsinevelos live for us in new york city. melissa and i will see you back here at the same time tomorrow. see where the dow goes. 29k today. first time since february. here's lou dobbs. ♪ ♪ lou: good evening, everybody. the radical dems today dealt another blow by the booming trump economy. the nasdaq and the s&p 500 are not only rebounding, but have reached new record highs. the dow jones industrials, are you ready? now back above 29,000 for the first time since the china virus pandemic hit in february. and market value is measured by -- as measured by the wilshire 5000 gaining over $14 trillion since bear market lows in march.
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