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tv   After the Bell  FOX Business  September 9, 2020 4:00pm-5:00pm EDT

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[reporters shouting questions ] liz: president trump taking questions from the media on his response, earlier response to the coronavirus crisis and some of the criticism coming ahead and he is saying he did not want to inspire panic. well, here we go. the nasdaq racking up the biggest gains since ape after yesterday's purge. that will do it for "the claman countdown". melissa: all right. that is the closing bell ringing on wall street. this is "after the bell" and we just heard from president trump from the white house. he was talking about his potential supreme court picks and also talking about that bob woodward book that was being released, excerpts from which had the president saying that he played down how dangerous the coronavirus was. he was there taking questions and defending that saying he didn't want people to panic. good afternoon, i'm
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melissa francis. hey, connell. connell: i'm connell mcshane. hey, melissa, we start instead of focusing on markets and wall street and with blake burman as we come out of that announcement at the white house. he is there live and, you know, it was interesting, blake, because the president was asked right off the bat as we were joining it whether he misled the public and essentially he said yes, i did but it was, as melissa points out in his view to prevent panic. take it from there. reporter: 18 different interviews president trump gave on the record taped to bob woodward. absolutely no dispute what was said on the tapes. president said it. some have been published. we'll get to see and hear potentially more of it in coming days as bob woodward's book is soon to be released. in one of those interviews on march 19th, is talking to bob woodward about the preeminent issue of that issue at that time, covid-19 and
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everything going on then. the president in that interview acknowledged he was purposely downplaying covid-19 threat. listen here to part of that interview where all of these questions arise. listen. president trump: i think, bob really to be honest with you -- >> sure i want you to be. president trump: i wanted to always play it down. i still like playing it down because i don't want to create a panic. reporter: at that point there were 265 deaths in the united states from covid-19 on march 19th. more than 12,000 cases as well. the stock market you probably remember that moment in time had dropped precipitously would eventually hit 2020 lows just a few days later. that was the backdrop, melissa and connell of that interview between president trump and bob woodward he said he always wanted to play it down. fast forward to today, what you just saw, president trump in the east room, giving completely separate announcement but the question of the day being how can you be trusted going forward
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on covid-19, and why were you saying you were playing it down. we heard from president trump he said he wanted to instill confidence, that you can't panic. there was a two-fold defense from the white house earlier today, from the press secretary kayleigh mcenany. the said the president never lied to the american people and he wanted to project calm which is exactly what we heard from the president there and part of his defense. we also heard from his opponent in the presidential race, 54 days from now, joe biden, who was in the state of michigan today and topped his remarks there, he was supposed to speak about the auto industry and economy as he did but topped his remarks with reaction to what the president said. joe biden saying at one point today, he said, quote, of the president, he knew how much more deadly it was than the flu. he knew and he purposely downplayed it. worse he lied to the american people. knowingly and willingly lied about the threat it posed to our country for months. he had the information, he knew.
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two very different tales as joe biden went on to say the recession was caused by the president's response. this woodward book released in the coming days will be a focus here in washington. as the president says, calm needs to be projected and interviews and those tapes will certainly resonate as well. back to you. connell: blake burman on the north lawn of the white house with the breaking story out of washington today. back to wall street now, where after three-day plunge, in the markets, we had a big bounceback. a market rally, jackie deangelis. that is something wee haven't been used to the last few days. reporter: it has been a rough little stretch. certainly investors getting back in the game, connell. we saw the dow up 439 points and it was tech stocks and nasdaq there with that 293-point gain, snapping this three-day losing streak that had folks excited. i did want to mention that apple's market cap back over the
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two trillion dollar mark. it seems like we had a little bit of a selloff. maybe technical selling, profit-taking. investors back into the game. it was a risk-on day on wall street. oil prices are up a little bit. everything was moving in lockstep. part of this has to do with reopening still and some of the positive buzz about treatments and possibilities for vaccines. wall street was very optimistic about that, but really this is a market where people were buying the dip. they saw opportunity. they got back in there. i want to finish on this note, theres with a little bit back and forth. take a look at tesla stock which has been hit pretty hard the last couple days but there was back and forth on twitter between elon musk and robert reich. he was clinton era labor secretary, musk, you had pay cuts earlier in the year. we were robbing from the employees while your stock price
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was going up. called him a modern day robber baron. musk said employees got stock too. the stock has tripled since the april pay cuts took effect, guys. connell: jackie deangelis. jonathan hoenig founding capitalist pig hedge fund member and joins us. we have a selling out of tech. we get somewhat predictable bounce out of that. where are we do you think? >> connell, all tech all the time. tech led on the way down these last couple days as jackie mentioned, it really led almost exclusively on the rebound. all the big names we followed for months, amazon, apple, netflix, tesla, those are big moves. keep in mind, those are still stocks that make up the major averages. i'm a little concerned though, connell, because i'm looking at breadth of the market. the short-term breath,
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one-month, three-month breadth is negative. 52-week lows on that level, short term on than 52-week highs. we have long term questions. the valuation. concentration, some buyers there, especially cataclysmic calls from market experts that the end is near. a lot of investors -- it is still all about potential putting pandemic behind us. a lot of uncertainty facing tech investors and the market writ large. connell: the question, whether the big rotation, especially for people who missed the rally was a chance for them to get back in when we had rotation out of technology, especially last three sessions but seems to me you're making the case there might be more of this to come on the downside. >> technology has been a he had lear. we're starting to see some stocks. caterpillar is not exactly a high-tech fancy name. it isn't an industrial, that was
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at new 52-week high today. we've seen a lot of retailers in recent weeks stand up. connell, hitting the nail on the head. what you want to in a healthy market is rotation. if tech isn't going to lead the market higher, some other major sector is. that is what all eyes are peeled on in terms of right now. what if anything will lead the market higher. connell: we'll take it for what it is worth today. best day for the nasdaq since april after entering correction territory. jonathan, thank you. melissa. melissa: joe biden slamming president trump in the battleground state of michigan. listen. >> as trump delivered on stopping companies from shipping jobs overseas, american jobs? you already know the answer. of course not. the rate of offshoring by federal contractors, they are people that get federal dollars, big companies being paid by u.s. taxpayers, has doubled, doubled under trump. melissa: the democratic nominee
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discussing his economic plan made in america which includes penalizing companies that take jobs overseas. here now to discuss is mike huckabee, former arkansas governor. he is also a fox news contributor. and the author of the new book, "three cs that made america great, christianity, capitalism and the constitution." governor, thanks so much for joining us. this strikes me as a very bizarre attack on the president because this has been one of the things, that against a lot of the advice of a lot of economic advisors, that he has made number one, this idea of penalizing companies if they do have jobs overseas and giving them incentives to bring them back, emphasizing made in america when you know, traditional economists especially on the right think that open borders and free trade leads to best thing for consumers even though you may lose jobs. why would joe biden take this tack? >> melissa, it has been the most
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bizarre thing. i was watching the speech and i had to take a second look to make sure that was joe biden's. joe biden has a long history of the plagarizing other people's speeches but he was plagarizing donald trump's accomplishments. donald trump campaigned on, delivered on bringing job, manufacturing jobs back to america. he has delivered on that. he renegotiated the trade deals, not only nafta to the usmca but he pushed back hard on china, to the point, it was shaky for a lot of people, they were thinking, gee we got this great market in china. but the president is right, he is first to stand up under obama-biden, let me be very fair, melissa. they didn't do it by themselves, the republicans were there shoulder to shoulder with them, making deals for multinational, big corporations so they got rich but a lot of jobs weren't away.
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the president has worked to bring those back. he has done it. one of the reasons that some people in the establishingment of washington hate donald trump is because he has messed up their lovely little game that they got rich with and, yet it was making a lot of americans poor. so i'm just astonished, i don't know who wrote the speech for joe biden but their lack of self-awareness is stunning. >> so there has been a lot -- it is not unusual for politicians to say, forgive me, i know you're a reformed politician, recovered -- >> i'm recovering, yes. melissa: it is not unusual, recovering, to have people say things that aren't true on the campaign trail but if you listen to this and then you listen to you know joe biden talks about president trump's rich friends have done better while workers, he doesn't care about workers, workers have been hurt when if you look at the actual math of it, you know a lot of people at
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the top end are paying more taxes than ever before unfortunately i would have to say and our, and you have a lot of, you know, the median income has risen, the divide in wages between the top end and the lower end has closed where under obama-biden it widened. it kept expanding. median income fell. wealth at the top grew. so once again in another setting saying exactly the opposite of what the math and the facts are. do people that he is talking to believe him and not go check, sort of the data? they do, right? >> i think melissa, some folks will wonder is joe biden saying to them who are you going to believe, you or your lying eyes? american workers got 2,000-dollars benefits in the middle class because of the president's tax cuts, which were geared toward people at the bottom of the economy, not the
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top. it defies all good sensibilities that joe biden would come out there and say something that is patently untrue. i don't know that he knows it is untrue. i doubt that he is aware of that, but somebody wrote that for him, stuck it in the teleprompter and he read it but it just isn't so. under donald trump people in the manufacturing base did better. women did better. hispanics did better. african-americans did better, not just in jobs but in the wages that they got paid for the first time in 40 years, middle class wages actually rose. and that $2000 for the people in that working class group, that is a big amount of money for folks and they know it happened. they know they got it. i just again am astonished but i think the democrats philosophy if we keep telling americans something that we know it is not true, we tell them enough, we know the media will be telling them the same thing because they're on joe's side, maybe
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folks will believe it all the way to election day. i hope not. melissa: we will see. mike huckabee, thank you for joining us. connell. connell: all right, melissa, small businesses trying to fight back. new york city restaurants, getting the green light finally to resume some indoor dining that will happen at the end of the month. there is a long list of restrictions added to this. we'll go through them, we have a major player in the industry coming up next. fleeing regions in turmoil. we'll ask david asman about his prescription for big cities under pressure. drive-thrus, drive h in sales. how restaurants driving business with more people at the wheel. r. that's why liberty mutual customizes your car insurance, so you only pay for what you need. what?
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♪. connell: it has been a hard-fought battle and new york governor andrew cuomo today announced restrictions in the city can, are finally being taken off restaurants and they can resume indoor service at 25% capacity. that will start september 30th. we're joined by willie, uncle jack's meat house ceo. funny, willie, we had you on couple times. we were focused more last time on your georgia restaurant. you have three in new york city. end of the month, indoor dining comes back at only 25% capacity.
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your reaction? >> well it is better late than never. 25% along with the outdoor street and cafe, if they let us use that, all the way to at least it gets cold, we'll put heaters out there. he said something about maybe november if everything goes well, 50%. i will take anything right now. i'm sure it is too late, probably two months too late for a lot of small businesses. i know me, i've been leveraging, borrowing, doing everything possible to stay and keep my doors open. so it is something that was necessary and i believe the public and the pressure of these lawsuits is what's really changed their mind. connell: yeah. we've talked about that, especially the last couple days, the lawsuit, as you say the pressure that was on the mayor and the governor. how does the math work for you? right now you have outdoor. so maybe you've added a little more than you had in the past, correct me if i'm wrong on the outdoor side, now only can do
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25% indeer. how does the math work, when you break even, make a profit? >> take a small restaurant like bayside, you will employ say, 10 to 12 people run the restaurant outside and inside. if i get 18 to 20 people inside based on a c of o, the story of my c of o is 125 people. i get 25%, have outdoor cafe there, no matter what i see it as a positive thing. it helps tremendously. now my westside store in manhattan has been closed because there is nowhere for an outdoor cafe. the city has been a ghost town. jacob javits, madison square garden, hudson yard is grossly affected by this. besides the covid and everything else that happened in manhattan. so i don't know if i'm going to reopen that store yet. i don't know if we can afford to be open. connell: yeah. that's interesting, for people that don't live in new york, bayside, astoria, borough of
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queens, still in new york city. that is a little different than manhattan. maybe more residential, especially with people having left manhattan because of covid. take me currently through the thinking on westside of manhattan restaurant. you said you are watching it for a while or are not sure? what are you thinking about it? >> i have bodies in the city visiting in the city, we're constantly checking on it, communicating with the building management and we did open after covid and right after some of the, everybody had to board up and you had all the riots in manhattan and the business was no more than $1000 a day. it costs me $1000 a day in rent just to open there. so then with the labor, insurance, there is so much that go into the restaurant business people don't understand. so we shut down quick. so we didn't waste our funding. now we're going to look at it again. we're going to open up bayside. we're going to open up astoria
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in queens, evaluate it inside. we're doing okay outside. we're making ends meet. so if this can get us some more revenue and control the staff and the costs maybe we'll start making some positive, profits for the first time. westside, much more expensive rent. much bigger store. based on what? based on traffic driven from corporate, working infrastructure, travelers tourists, events, what happens with the garden what happens at jacob javits. that is all a huge what-if right now. connell: that makes sense. it is interesting to hear you go through it, you're right a lot of people don't understand the ins and outs of all this. one final thing, more broadly, we flashed some of the statistics across the screen, new survey came out on small business owners particular. it basically said they're losing confidence in their ability to survive. goldman sachs did this. it was in "axios" this morning.
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if you don't get more money from the government, a third, 30% says they will run out of money by the end of the year. 2/3 of the owners said we'll survive. that is the lowest since april. from yourself, people you're talking to, what would you say about the timing of all this, and how long it dragged on for? >> i feel it was two months behind. i feel the city's leadership, the way mayor talks, the governor talked about this whole situation they're not in tune to what it takes to run a business and employ people and pay for them with money out of your own pocket, right? it's a big difference working civil servant position where you're voted in and you can raise taxes, parking tickets and think the money is coming from pa look canville. it is not from a small businessman. you have to beg, borrow, steal. you have to make ends meet to keep people implied so they can feed their families. connell: willie, all the best to
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you. we'll check back. we'll check back on the manhattan restaurant to see what you guys decide. willie degel, uncle jack's meat house. melissa, over to you. melissa: he is amazing, pure genius, i love him. air travel sitting a nearly six-month high. tsa reporting more than 950,000 passengers went through screenings on both friday and monday of labor day weekend this is the highest total since march, but the number of flyers over the holiday weekend still down more than 60% from the same time one year ago. we'll be right back what do you look for when you trade? i want free access to research. yep, td ameritrade's got that. free access to every platform. mhm, yeah, that too. i don't want any trade minimums. yeah, i totally agree, they don't have any of those. i want to know what i'm paying upfront. yes, absolutely. do you just say yes to everything? hm. well i say no to kale. mm. yeah, they say if you blanch it it's better, but that seems like a lot of work. now offering zero commissions on online trades. we charge you less so you have more to invest.
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♪. melissa: wildfires causing devastation along the west coast. about 50 wildfires are raging across california, oregon and washington, forcing thousands to evacuate their homes. fox news's jeff paul is on the ground in monrovia, california, with more. jeff. reporter: yeah, melissa, it is a
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pretty terrifying sight for the folks who call this home. normally it's a very scenic backdrop but not like this. you can see smoke billowing into the air what is being called the bobcat fire. almost making it look like an overcast day. more than 10,000-acres have burned so far. officials warned those who live by here could be forced to evacuate if it continues to grow. this is part of 20 major wildfires or more burning in california. one particular fire burning in the los padres national forest is so bad it is injuring firefighters. 14 firefighters were forced to use the last resort emergency shelters after flames engulfed their fire station. three had to be employed in nearby hospital. >> fire shelter is a last chance of survival. you take the fire shelter out of your pack, you crawl into it.
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reporter: we're also learning that california is closing all of its national forests in an effort to keep people away and safe. melissa? melissa: jeff, thank you for that. wow, those pictures are incredible. connell. connell: landing a job virtually. amazon announcing its first-ever virtual career day with plans to hire 33,000 corporate and tech workers at an average compensation of $150,000 a year. it's a free event, slated for september 16th. it will include interactive workshops, speaker sessions, one-on-one coaching for 20,000 people. melissa? melissa: all right. the race for at least one vaccine put on hold. major drug company pausing large late-stage global trials of its covid-19 vaccine. we'll tell you why. we have new breaking news on this as well, and what it comean for future efforts. stay tuned to that.
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plus fueled bit pandemic, a growing number of restaurant chains are raising towards a new type of service. l.a. county banning door-to-door trick-or-treating and parties at halloween, it would be hard to maintain social distancing. officials say they can organize online parties. hmmm. makes it brilliant. the visionary lexus nx. lease the 2020 nx 300 for $339 a month for 36 months. experience amazing at your lexus dealer. [camera man] actually anyone 50 or over is at increased risk for shingles. the pain, the burning! my husband had to do everything for weeks. and the thing is, there's nothing you can do about it! [camera man] well, shingles can be prevented. shingles can be whaaat? [camera man] prevented. you can get vaccinated. frank! they have shingles vaccines!
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♪. connell: so new numbers show that renters in chicago are leaving the downtown area in droves. in fact data collected by a real estate research firm motivated by the pandemic and recent violence. grady trimble live in chicago with more on the story. reporter: connell, the fact of the matter is living downtown is less desirable during the pandemic. people don't see the value. paying a lot of money in a small apartment to an office they're no longer going to right now, in buildings with amenities they can't or don't want to use during the pandemic. here are the numbers you referenced. compared to the year ago, occupancy rate for downtown apartments fell 5.2% according to integra realty resources. the suburbs is basically flat.
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rent prices in the suburbs have. experts say the viiv lens and looting in chicago and other cities isn't the main reason people are leaving but for those who were already considering it might have have pushed them over the edge and made them to get out of dodge. folks that produced the data we're citing are confident that downtown will bounce back. >> it will continue until we see a noticeability change in terms of office reopenings, as we see the companies tell the employees they're back open for business and they're to report to their desks and people feel safe in doing so. i think it is going to be a struggle. reporter: when offices might reopen is still to be determined of course but as you might be able to hear, there is still new construction much new high-rise apartments in downtown chicago
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even as people are heading out. connell? connell: we do hear that. grady trimble in chicago. thank you. melissa. melissa: so business vacancies on the rise in new york city. a new survey finding more than 300 storefronts along broadway alone are vacant that is a 78% increase from three years ago. the pandemic has kept office workers and tourists off the streets and away from shopping but my next guest says he may have the answer for these desolate and dying cities. fox business's own david asman joins me now. so i love this, david, because we all know what the problem is. you know, there were a ton of vacancies before covid ever came along. >> sure. melissa: it has to do with you know, the tax rate in the city, the red tape. all that kind of stuff. and now with the coronavirus it has accelerated it to a ghost town. so what's the remedy, what's the fix? >> well the problem is, is that people don't see that the fix is
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right in front of them because we've been here before. we were here in the '70s and the '80s when we had hugely rising crime rates and storefronts that were just as vacant as the ones now. we turned it around with rudy giuliani because he focused on quality of life. if you enjoy where you're living, really enjoy it as most new yorkers have until the past couple of years with de blasio, you were willing to pay a premium for living in new york. yes you would complain about tax prices and price of taxis and so forth but you were willing to pay that 10 to 12% premium because the opportunity of being in new york and quality of life of being in new york was so good. when the quality of life comes down and the opportunity costs go down as a result of businesses closing up, there is no reason to live here. so what you have to do is first focus on quality of life, which is exactly what rudy giuliani did. he started to make it impossible
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to violate those small crimes. i put it in quote because usually the small crimes led to the bigger crimes. that is the broken window theory. but the quality of life, excessive panhandling, vagrancy, urination in public, these awful things going on past couple of years with de blasio we got rid of in the 90's that turn improved neighborhoods turned times square from a den of of it i.q. uity to a place you want to brin your children to. new york city will be the more expensive than other cities. it is opportunity coast when you live here. if there is no opportunity, you pay a 10 to 12% premium for living here. you move out. melissa: i suppose it is same thing in all of the cities. you mentioned times square. a lot of the pictures making
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around open-air drug dens, where people are shooting up in plain sight. you know there is just a lot of things that we haven't seen in this city. i haven't seen, i've only been here 15 years and so we haven't seen, i haven't seen -- >> you're a newcomer. melissa: very shocking to me. it goes back to where it was. >> it does. melissa: but in other cities as well, so you think it is about a new candidate or type of person that would focus on quality of life again as opposed to mantra has been, you know, these big cities work for the rich people but they don't work for the working class? >> not true. absolutely,. melissa: stealing from the poor. >> let me jump in right there, the fact in the people who suffer the most from these declining quality of life issues are the poorest people. the people who really work hard, work 12 hours a day in a restaurant, trying to make ends meet. and the quality of life for them began to improve. their neighborhoods began to be
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more clean. began to become crime-free. the opportunities for them began to increase with more businesses. the worst the crime gets, the fewer opportunities there are because of all of the businesses shutting down, the worse it is for the poorest people. the poorest people are the ones who suffer most from these quality of life issues and they're the ones that benefit the most when they are addressed and not only have they not been addressed by current authorities. by the mayor, the city council, the governor, but they're being counteraddressed, they're doing exactly the wrong thing. making the quality of life go down. we know how to fix the problem. the question is who is going to do it? we have to find candidates willing to do it, whether they're democrats, people like don peoples who is moderate, against what de blasio has done or joe borelli who is moderate.
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it is like having a bad headache and you're sitting in front of a bunch of aspirin and not taking them. >> yes. i went back and i studied the last period. it wasn't about republican or democrat in a lot of cases in cities they went and found somebody who had a proven track record of having turned something around. whether rudy giuliani, getting rid of the mob in new york. or maybe a police captain somewhere, could be a democrat. a person of color who has done something that you can point to, to make life better and can say i can make the quality of life better. that is where you find the next person. david, thank you. >> absolutely. melissa: connell, over to you. connell: more to come on all of this. meantime pushing forward with new standards. the economy setting new inclusion requirements that oscar contenders have to complete to be up for the best picture award. they are to have equitable
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representation on and off screen to reflect the diversity of the movie going audience. the new requirements are going into effect in the year 2024. we'll be right back. so you're a small business,
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♪. melissa: "fox business alert." we are learning new details about an illness in one
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volunteer that caused astrazeneca to pause its vaccine trial for covid-19. let's go to our own edward lawrence who is live in washington with this. tell us the new details, edward. reporter: melissa. astrazeneca paused that phase three trial because of a severe reaction that one of the participants had in this. the company likely seen as the front-runner for having a virus or a vaccine approved first, for the coronavirus. now in this senate hearing today, the head of the nih testified that the person possibly had spinal inflammation. so the company is trying to diagnose and investigate exactly where that came from. so this is on going. it is a process to see if it was caused by the vaccine or some other source. today the u.s. surgeon general pointed to this as the reason people should feel confident an approved vaccine will be safe and effective. >> the process is strong. dr. collins and i have been adamant, we want people to understand there are protections
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built in. if we follow the process, we'll have confidence in the process. people out there i won't take this vaccine if, or won't take the vaccines unless, instilling further hesitancy and. reporter: most of the hearing focused on the politics leaking into the approval process n one exchange senator bernie sanders, where sanders is trying to say slamming president trump for the things he said about this, listen to this. >> will you join me and many others in telling the president of the united states to get out of science and let the scientists do their job in moving as rapidly as possible in getting a safe vaccine out to the american people? >> i can't say strongly enough that the decisions about how this vaccine is going to be evaluated and assessed will be based on science. reporter: collins went on to say hopes the american people follow the scientists and listen to the
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scientists, not politicians, doesn't matter what party they're from. for some reason if astrazeneca's vaccine does not prove to be effective or has side-effects, that is the reason the u.s. contracted with section candidates. one of them hopefully hits the target related to this. pfizer publicly said they could possibly have enough data to go forward with approval in october. so we'll see, one of those six will come forward with an approved vaccine. back to you. melissa: it is a big group. a lot of of science there. edward, thank you. connell? connell: all right. we're joined now by brandon daniels on the phone from global markets. he is president there you advised the government how to deal with the coronavirus preparation and the like. now we are where we are, as edward said we're trying to figure out what is going on with the astrazeneca trial, but does that what you know about it set us back, what is your take about it? >> the beauty of the
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government's plan to accelerate the delivery of a vaccine is that it's not one horse, right? we've got nine different platforms that are available to deliver the vaccine. we have several different vaccine types that are currently in later stage trials including vaccines that we are hopeful will change the way we develop vaccines in total. they are easier, they are faster. they are, they are easier to essentially modify such as the modern vaccine which is an rna-based vaccine. so it is not that now that a, b, one triple two, taken a pause to review the data, that all
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vaccines are set back, because the government created a variety of ways for us to achieve the goals that we're looking for, and the outcomes that we all need to save lives, it really allows us to continue at the current pace. connell: we've spent so much time in the last few days especially speculating about the you know, would the vaccine be ready, would one be ready by november 3rd, is it end of the year, early next year, as you say many companies are involved from johnson & johnson, astrazeneca, you know, pfizer, moderna, whatever the case may be, is the takeaway then from what you're saying seems to be for the general public, listen we'll get one of these. that is a given. just a matter of time, the end of the year, that is a fair estimation do you think? >> i believe so. i believe we have the technology to get us there. the virus itself, you know, provides some advantages in terms of testing, right?
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people get sick quickly and there is contagion. so you can actually test vaccines fairly quickly as opposed to other viruses that we have developed vaccines in the past to mitigate. so i think what we've got here are enough opportunities for the united states to have a working vaccine this year where we'll see positive results. the biggest thing, connell, is not the vaccine itself and research and development that is happening now. it is all the work that the federal government is doing to create effective logistics to make sure these, in some cases innovative therapies and innovative vaccines have the supply chains that are necessary so that we can get them out to millions, to hundreds of millions, to billions of people
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in the rapid way that we need to. connell: what is your level of confidence we'll be able to do that when it comes to a vaccine, in terms of distribution? how will it get from point a to point b, point b being the end user? do we have prioritize? who gets it first? when we see one in place. >> i think it depends on the platform that is the approved vaccine in the end but i do believe that the federal government is doing everything it absolutely can to secure the vaccine from a supply chain perspective to make sure that we can get them to care centers. they're already starting to give notifications. the states to clear the way for vaccine delivery and, in the background they are also making sure there isn't potential tampering or sabotage in the
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vaccine supply that would stop, you know, the spread of the vaccine, and, from, america from saving lives. connell: all right. thanks for calling in. we appreciate it. we'll keep watching this of course. brandon daniels with us. melissa, back over to you. melissa: all right. distanced, fast an convenient. drive-thrus are booming during the pandemic and could change the industry for good. details next y. now you can trade stocks and etfs for any amount you choose instead of buying by the share. all with no commissions. stocks by the slice from fidelity. get your slice today.
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i'm a sustainability science researcher at amazon. climate change is the fight of our generation. the biggest obstacle right now is that we're running out of time. amazon now has a goal to be net zero carbon by 2040. we don't really know exactly how we are going to get there. it's going to be pretty hard. but one way or another we're going to reduce our carbon footprint to net zero. i want my son to know that i tried my hardest to make things better for his generation.
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♪ ♪ melissa: the future of fast field drive-throughs make up nearly half of all restaurant businesses in the u.s. in the sect -- second quarter. no surprise. jeff flock has the details. >> reporter: we have all day been touring different drive-throughs because they're huge right now. obviously, part hi because of the pandemic. this is one of my favorites,
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chick-fil-a, which i think has the best drive-through set up. 74% of people say they are doing more drive-through now or at least as much as they did before the pandemic started. and this is a huge business. fast food, $240 billion overall. it's going to be down this year, as all food businesses are, but the drive-through portion really carrying 'em through. as i said, chick-fil-a, i like it. they have actual people out here. take a look. these are people that'll actually take your order, put it right in. you're not sitting in a long line because they often have two places. but the guys that have really won are another chicken place, and that's popeye's. they had a huge quarter last quarter, same-store sales up about 25%. some people say it's not the drive-through, it's the chicken sandwich. i like the chicken sandwich at chick-fil-a, so hi there --
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>> hi, can i help you with your order? >> jeff, j-e-f-f -- can i get a chick-fil-a sandwich? [laughter] melissa: jeff flock always gets the best assignments. look at him, what a boondoggle. he's having chicken drive through for dinner. ♪ must ♪ lou: good evening, everybody. president trump today having a great day, a day that any president could only dream of. president trump started off the day with a nomination for the nobel peace prize. that nomination comes weeks after president trump brokered an historic peace deal between us israel and the united arab emirates. it's an achievement that has eluded every president, every administration since the towning of israel in 19 -- founding of israel in 1948. and a member of norway's parliament submitted the nomination and praised president trump for his efforts

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