tv After the Bell FOX Business September 25, 2020 4:00pm-5:01pm EDT
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paying attention to. liz: todd, we will put your pictures on facebook, rate to have you. again, it sure is nice if you are a bull to see some green on the screen on this friday. again, set your calendars and alarms, 3:00 p.m. eastern for economic and we will see you monday. liz: a bit of good news at the tumultuous week on wall street. melissa: stocks closing of the highs of the day shaking off earlier losses and i'm melissa francis. connell: i'm connell mcshane, welcome on friday to "after the bell". good way to end it here, big tech leading the way and the dow, s&p and the nasdaq all in the green the second day in a row. especially the nasdaq bottom of screen on more than 2% paid a lot more to come on that as we had fox news team coverage set up in our top stories covered blake burman in his usual spot at the white house. lawrence's amenity is a party on the markets and edward lawrence is out at the airport today.
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the reagan national and washington but we talk about the airlines with edward and we start with you. reporter: yet, friday rally. not seeing two days of gains a row and we not seen that and wrote while but they come back in today and closing near the highs of the session for all three major averages with the exception of energy all of the sectors were in the green, led by technology and the tech trader regained its momentum today. let's take a look at apple shares up around 4% today all of these names, higher on the week with the exception of google just fractionally lower in the nasdaq higher this week but the broader market down or weeks in a row and is the longest losing streak since last august, augus. as you can see, the dow down one and three quarters% of the week. s&p down .6% but the nasdaq certainly higher.
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in fact we have one dow stock that actually notched a record high today, that was a nike on a solid blowout earning report and their revenue is just about where it was last year. signaling that return to normal is close for nike to stop up about 7% this week. i think the cruise lines wish they could return to normal but we close for them and look, we might be headed there. berkeley royal caribbean, carnival and norwegian today to overweight and the reason they did that is because they are expecting the possibility that the cdc lists the no sale order next week. look at those gains for the cruise lines today. finally, i want to give you news that we are getting on johnson & johnson because of the travel industry opens up when you have an effective vaccine that people can trust, johnson & johnson had that one dose vaccine and
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another positive step. it induced immune responses in most people in the early stages of the trial paid back to you guys. connell: a lot of optimism about that particular vaccine. lauren, thank you. president trump very busy today on the campaign trail making a number of stops and battleground states. blake burman unable to keep up with the president pace and you see him there in atlanta back at the white house with the details bird blake. >> felt like a day in which it is the final sprint of the presidential race with 39 days to go but let's give you a live look once again of the present right now in atlanta, georgia with the campaign event there. the president after that will come back here to washington dc, meet with supporters at one of his properties and he will then go to the state of virginia later this evening and he started off his day this morning in florida. three different public stops for the president today. speaking of florida, within the sunshine state, we saw the reemergence of michael bloomberg
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as the former presidential candidate now he will be purchasing some $40 million worth of daily television ad buys in support of joe biden. let's stick to the bigger picture bloomberg and sadie will spend $100 million within that provide. meanwhile, back in washing, another stalemate on a funding package continues and democrats are set to put together a roughly $2.4 trillion package. i was talking to larry kudlow today about this, connell, and he suggested that that number would be too high for the white house. listen here. >> we don't want to see 3 trillion or 2.5 trillion so, you know, i would like to say were making great progress but i can't yet. i can't get ahead of that. it's not happy. they are talking. >> president trump will begin back over here to the white house very late this evening and tomorrow will be a very big day. before the president heads back out on the campaign trail again,
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of course, he will unveil his supreme court nominee to replace ruth bader ginsburg. that in the 5:00 o'clock hour tomorrow. connell. connell: blake, thank you. blake burman on the north lawn. elizabeth. melissa: airlines is seeking more aid and preparing to finalize layoffs for tens of thousands of employees next week. after billions of dollars in losses. edward lawrence is at reagan national airport with the latest. edward. >> yet, it is painfully obvious what the is the problem here. this is reagan national airport at here my echo and it is 4:00 o'clock and this is the airport closest to washington dc and the tsa said yesterday 826,000 people went through all u.s. air forces security checkpoints yesterday that seems like a big number but look at september 24, 2019. 2.51 million people came through security. airlines as a collective are
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burning $7.5 billion per month in the second quarter and according to the airline lobby group. estimate that there will be a multibillion-dollar loss per month through the first quarter of next year for the airlines so airline ceo made a personal plea to extend the payroll program and that pays workers salaries as it stands in a program under the cares act ends on september 30. american airline ceo set octobec event, 37,000 potential layoffs in the industry if nothing changes and the head of the airline lobby group says the economic damage will not stop with just the workers. >> it will be harmful because those people will then be filing for unemployment, not paying taxes and not have health insurance and so there is a huge ripple effect. beyond that with those layoffs comes a huge reduction in service that will affect communities large and small.
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>> american airlines already announced that it would stop service and 16 cities, including greenville, north carolina, dubuque, iowa and you see the map there. a source tells us 50 more cities could be added to that list and some would be left with no air service at all and domestic air travel is down 62% and international air travel down 87% and unless something turns around the federal government steps in next week to be a very ugly week for job losses. back to you. melissa: while. edward, think that. connell. connell: more with steve forbes. steve, good to see you. that is one of the things people seem to be talking about is because the job losses that edward says are all but inevitable from the airline industry that that might drive both sides to hammer something out. you don't want those headlines if nothing else right before the presidential election. does that drive the or move the
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needle on stimulus, do you think? >> and moves the stimulus needle only a little bit because there's so much other things in the package including the size that will preclude an immediate agreement but the white house suggested today or was floating today is a discrete bill, individual bill that provides $25 billion of aid to the airlines and i think that with a squeak through right away. couple of senators have proposed that, senator collins of maine and senator wicker of mississippi. unfortunately, their objections and their questions about whether the house would except that, whether speaker pelosi would accept that. i think the president should hammer that immediately in the next 48 hours in addition to his supreme court nomination or hammer home but what everyone knows the bill is needed and less pass it now and deal with this other stuff in the days ahead. let's make sure we avoid these tens of thousands of layoffs that could be avoided by timely action. connell: you think that would be able to do it? 25 billion if you think about it
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from the perspective of math, the airlines got 50 billion that they run through or have just about run through since the original cares act so that is half of that and should hold them over for a little while. are we still inevitably heading to more airline bankruptcies in this country in the next so distant future? >> there has been speculation, connell, that one of the majors will go down. i think that can be avoided. after all, we do have vaccines coming and that means next year people will start to feel safer traveling again and you see the cruise reservations, cruise lines, people want to do it later next year and eager to get out and about again. i think a lifeline can be justified and we can avoid a major bankruptcy, no need for it. connell: let's talk about the economy in the markets more broadly. with a nice rally to end the week today but still sort of rough your of late, particularly for technology stocks and they bounced today.
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there has been so much talk about the election, articles being written that we do not know the outcome right away and investors will not know what to make of that but goldman sachs said something pretty interesting this morning putting out a note and saying all of that talk is a little overblown in their view and they think they will have a pretty good idea of either who one or who will win either on november 3 or shortly thereafter. they think we are making too much of it. what do you think? >> we may note november 4 or november 5 and remember in 2,000 we did not know for weeks who won the election but it's not the delay in the result but it is what happens if the democrats ran the table. if they won the senate and cap the house and won the white house. what that would mean in taxation and regulation just start with a 40% capital gains tax and then there is talk so far quiet but grumbling among democrats that the next year they have the senate, not only will they do away with the filibuster but
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they will pack the supreme court. this is especially of time somebody gets confirmed which looks like she will so six new justices coming along so that uncertainty i am surprised has not weighed more on the stock market. disastrous tax increases, massive regulatory increases and supreme court unwilling to stop the trampling of the constitution, for some i'm at right, second amendment rights and all of that is in the air. i'm amazed the market has held up as good as it has. connell: maybe it won't if that sweet scenario becomes more likely to want to bring up the quick before we go, s&p 500 since august 3 which would be three months ahead of the election, we want the polls all the time and the folks at strategic group research were very smart in putting this out for a while saying the market predicts who will win pretty well three months before the election, s&p is up in the incumbent party is one. every year since 84 and 87% of the time since 1928. so, it will be interesting and up a little bit right now and
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it's gone back and forth and that includes a nice little bounced today and maybe that will tell us if that is down that scenario you're talking about in the sweep for the president. >> obviously a lot will stand on the base, not just the one we are all anticipating to see but the two other ones were the president effectively puts out, not only a pro reminding of what people he is itchy but putting out more detail of what he will do if he is reelected, especially on a massive tax cuts and things like that the people can look forward to better times ahead. people overlook personalities and focus on policy and principle and that is what he got to do. if he does that the market will probably start to go up a little bit. connell: and that would indicate he's more likely to win or lease that is what history has told us, that debate, it will be something to see. steve forbes, thank you and have a great weekend with melissa, back to you. melissa: shifting business amid the pandemic we will talk to one
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owner of a new york bagel company about his new business model to being bagels to customers across the globe. plus, bubbling up across the big apple the dining trend that has been gaining steam as the cold weather approaches and a pricey redevelopment, we take you lied to the country's biggest private rooftop deck and what the company is offering to attract to the location. i can't wait to see that. stick around. ♪ ael! ael! ok, lindsey now tell the class what your mommy does... my mom has super powers. it's like she can see the future. what?! it's like she time travels in a rocket ship. that's cool! and then she comes back saying "try this" or "try that." she helps everyone. she helps them feel less worried. wow! mommy, so what is it that you do? i'm a financial advisor. she is! aig proudly supports all the professionals taking care of our financial futures.
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♪ connell: >> together we will not only will the americas black communities but we will help with your vote and with the platinum plan and lift up all for granted in communities and we will strengthen our entire nation and we are going to have an incredible for years but more importantly, we will have an incredible 40 years and many, many great years because we're setting a foundation for the future. melissa: promising a brighter future, president trump pitching to black voters his plan to bring opportunity, prosperity and security over the next four years. here now is roosevelt, national diversity coalition ceo and also a georgia small business owner. thank you for joining us. i want to put up on the screen
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and outline for audience what the four pillars of trumps platinum plan are. opportunity i'm a he said that is access to capital and jobs. security through the first step act which is terminal justice reform. prosperity, including funding for historically black colleges and fairness by creating opportunity zones. do you think that is enough? >> melissa, thank you for having me. i am choked out. i had to make, this plan right here is absolutely phenomenal. my voice is gone so forgive me but it's very emotional when we got the final draft or yesterday in the president, i met him back in 2015, we talked about the disparities in the black community, especially melissa watch this, in the retail commodities. most black communities we lack in ownership and in owning small business, 30.6 small milk million business owners in the country but had african markets only barely 2%.
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he sought the disconnect and the opportunity zones. the school of choice, the crowd was just, it was amazing and phenomenal and this is the first time in my lifetime melissa that i have been a republican my whole life since i was 18 and i'm very choked up on this because finally the president put a plan like this like this and so detail in the great thing about it is once he says it he keeps his promise of this is a very emotional day, their historic day here in atlanta and thank god he came to the great city of atlanta. melissa: it is wonderful to hear. what detail in particular that makes you choke up? what specifically you could communicate to other people out there to say this is some opportunity we have not had before? >> addressing the banking situation prayed i love the plan he has in there. when you talk to a lot of african americans and black business or potential black business owners across the country the first thing that comes up is capital. there is a line item in here
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that talks about the credit and how you resurrect and build your credit, sustain your credit in terms of counsel from very banks that go in and by other business owners. black business owners, advisory boards, bank boards melissa, loan committees, underwriting and these are very key components, as i say, the life support for black businesses to get up and going is to have those resources but watch this. power bills, light bill, electric bill and that affects all young people coming out of college trying to stylish credit. imagine what it does to show that in his particular plan here that would help black americans build their credit, pico store where you can report to experian, aqua facts, trans union, these are good game-winning plans that can make everyone, a winner here in the black unity. melissa: just so i can understand if he is saying that people from those companies are going to calm and help black businesses, is he saying they will sort of advise you how to
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do better on all of those fronts and does he have those lined up that will give the advice? help us understand. >> yet, for example like what happened in 2008 i was a victim of what happens when banks fail and the heinous subprime derivative market because the big financial crash in atlanta and of course in vegas and the country but the problem is the smaller community banks and other small institutions where the life support that were wiped away that had to come back into these communities and help build these models. for example, you can get a 30 year fixed your mortgage and fda loan for 3%. 3% interest rate with five-10% downgrade these are tools in the toolbox that if you are a better they waive the veteran fee and there's a seven a program a lot of great tools in this administration that you can use to help build a jimmy john's or any kind of business that you want with five, 10% down. the key component here is the small community banks that we
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are taking away that have to come back because those were and is the life-support for the funding mechanism especially in black immunities. melissa: bruce, you are obviously very excited about this and you have democrats out there -- [inaudible conversations] they say the president is a racist and they point to things that he has said in the past and they say charlottesville so how do you need that message and get past it to other african-american voters in the country that satan no, he is not a racist and this guy is here to help you. how do you do that because the message is not getting through everywhere? >> pushed back a little bit, melissa. i think it is. i will say why. i know the president and started in him in june 2015 and i traveled and i've been on air force one air force one and then to the oval office and interacted with him dramatically. and 56 years old from the south and my family is from the rich
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civil rights background. my dad, my uncle marched with doctor king and i know racism when i see it. donald j trump is absolutely not. herschel walker and i were great friends and we had a great conversation about that. it is sad and that is one thing that hurts my heart. here's the great thing about it. donald trump has the third-largest black voter turnout in the nation's history. lincoln, nixon, donald j trump and he beat all the former republican presidents. that is great news but check this out. going into 2020 black america are finally waking up and saying you know, i'm sick and tired of listening to the noise and i always say this, melissa right here on your show, don't pay attention to the noise. pay attention to the numbers. lois black on appointment and my lifetime, melissa. that is according to 72. fastest growing uptake of small business where in the last few years, black business under donald j trump. the numbers don't lie and there is a lot of noise but guess what? black america are looking at their 401k, their opportunities
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and looking at the powerful platinum plan message that resonates well with all black america's across this great nation and all citizens so you know, at the end of the day that dog will hunt as they say it down here in georgia. there's a new awakening here. melissa: bruce, thank you. as you are talking were putting some the steps up on the air. the median household income has risen from 40,000 to 45,000 under trump and the poverty rate has fallen dramatically and seasonally adjusted on a planet rates and you see that moving in the right direction under the president as well. thank you so much for that and we appreciate your time, conne connell. connell: all right. tech is being used in the fight against covid-19. google maps is releasing a new color-coded tool helping you to identify virus hotspots in your area. the update allowed you to see a seven day average and new cases
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per 100,000 people for the area you are looking at and that includes a label that shows whether cases are increasing or decreasing. the covid layer rolls out worldwide on android and ios this week. it's another tool to use. we'll be right back. ♪ 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. ♪ here? nah. ♪ here? nope. ♪
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connell: the view from the top, it is america's biggest private roof deck and reopening today in chicago. that means jeff block must be there and he is live now from a 19 million-dollar patio for us. jeff. >> and exclusive live look here on the foxbusiness. that is the old sears tower there or it's something different now but look at this thing. 3.5 acres of wonderland up here on the 13th stories in the air and i got basketball courts and i got a pickle ball court and we got rolling hills and speaking
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of hills, dennis hale is the fellow who oversaw this. dennis, the deal is you got a huge renovation, 1 million renovation of this building and you want amenities that will bring people into it. yes? >> absolutely. that is the key. we got to get this building when it is filled with 15,000 people, employees and we tried at places for them to get away from their normal work environment and come outside here. >> this is what sells a building now and i will try to run through this if i can, connell, look at this. they had how many thousand helicopters? >> 3,000 helicopter lifts to get the materials to the roof to put this all in place. >> and how many different plants? >> 40,000 different plants. >> connell, this is the thing and is some as big as this is the ideal social distancing.
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>> absolutely. it's perfect for the environment we are in today and plenty of room for all the tenants in the building. >> before we get away i want to hustle over here and show you we are 13 stories in the air. they don't want people falling off the roof of the thing but look at that. that is union station down there, all the way down. it's a big building but it's dwarfed by this massive building. how many square feet? back 45 million square feet. >> i'm out of gas. [laughter] this is something but i will tell you. connell: i thought poor dennis would not keep up with you running around that roof deck. that is huge good good story but thank you, jeff. he always brings something rash from chicago. it's tough to tell on tv but there was almost as big as the tariffs in your apartment but not quite but very very close. melissa: almost. not quite. it does look gorgeous, by the way. why don't we work in that building? let's work on that. there is no giggle like a new
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york city bagel and one iconic chain is not letting the pandemic hurt its business and is going global. we talked to the owner and meanwhile, uptown even in a bubble restaurant trying it out as the weather gets colder in new york and in berkeley, california it's a junk food free zone. that sounds horrible. the city council unanimously passing an ordinance to ban grocery stores from selling junk food within 3 feet of the checkout aisle. the measure goes into effect next march. i would boycott. ♪ ♪ ♪ smooth driving pays off with allstate the safer you drive
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melissa: celebrating a hall of famer franklin chang diaz was america's first hispanic astronaut and now has started his own rocket company. pretty cool. fox news brian yanez has the story. >> doctor franklin chang diaz was a nassau astronauts for 20 years and age 70 he continues to push the boundaries of space travel. >> we are trying to make transportation in space go fast. >> doctor franklin jane diaz is the ad astra or rocket propulsion company develop in it to the advanced plasma rocket. could you put explain in layman's turn what you're doing with your company is trying to
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accomplish? >> imagine a mission to mars in a matter of maybe two months instead of the better part of a year that takes to mars. >> it will be ready to fly within three years, diaz says with a 70 -year-old it's a culmination of an illustrious career in space as nasa's first hispanic american astronaut. >> the moment of liftoff on the first flight was something that i will never forget. it's a tremendous ride. >> born in costa rica at 18 years old he came to the united states with just $50 in his pockets and learned english and went on to get his phd at mit and in 1980 became an astronaut. he is one of only two astronauts to have flown on seven space shuttle missions. >> with miles [inaudible] >> second astronaut to log more than 1,000 hours in space. in 2012 chang-diaz was inducted into the nassau hall of fame. >> i am actually today most
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thankful to this great nation that in 1968 opened the door for me to the american dream. >> doctor chang-diaz an american hero who inspired and paved the way for 11 other latino nassau astronauts paid back to you. melissa: brian, thank you for that. connell. connell: good story. let's talk about olive garden for a moment but this is not a great story. the time square location is really feeling the heat in new york. they are losing $300,000 every week due to the pandemic. this is huge for olive garden because they bring in $50 million on an average year there and now it is just too thousand $500 and a date which just won't cut it. times square is the best-performing location for the chain in normal times but no
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tourists, not normal times. melissa: we been there as a show and i can't believe how much money they are losing. it says a lot about the pandemic and maybe they will be back because i love the breadsticks. [laughter] ♪ still your best friend. and now your co-pilot. still a father. but now a friend. still an electric car. just more electrifying. still a night out. but everything fits in. still hard work. just a little easier. still a legend. just more legendary. chevrolet. making life's journey, just better.
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♪ melissa: president trump doubling down on healthcare. the president signing an executive order protecting pre-existing conditions at health and human services secretary alec cesar defending the democrats opposition to the order. >> perhaps it is because they believe they lies about the informal correct that it is guaranteed protection against pre-existing conditions for people. that promise was made in the affordable care act but for the 30 million americans who were priced out of the individual market by the excesses and infirmities of the affordable care act that does not solve their problem. melissa: here now to discuss is a columnist for the wall street journal and also a fox news contributor. in that bite, he was trying to press him on the details. how is it that just by saying an executive order that you are going to protect pre-existing conditions and how do you do
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that? his answer was to say how the affordable care act did not which is trooper he pointed out a couple that made $70,000 a year and their premiums were $30,000, $12,000 deductible and they were and i'm not sure where he got that number we all know people who got health insurance that didn't cover anything that was really expensive. is there answer any better though? do you see any details on how exactly you do this? >> no, i agree with you. the first part, the failure of obamacare is very clear. what they did is basically dump it all on the insurance companies and everyone, premiums went up as a result. look, the public wants pre-existing conditions covered. it's very difficult because there's no incentive for these insurance committees to do it and it's very expensive. i think two things. one, probably the best way to do it is to create a high risk pool
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and subsidize it directly without the distortions for the rest of the market. if that is what we as a country want to do. i also don't think it could be done by executive order. i think what this also illustrates is that almost four years you know after barack obama left office the republican still don't have an overall healthcare proposal that they can explain to the american people and that moves us closer to a market from the system that will provide for the american people. melissa: these solutions that you mentioned is something i've heard from a lot of people who can do math and it makes a lot of sense and it comes from this piece of data or at least in part from the national institute of health that says 50% of healthcare dollars are spent on just 5% of the population and so you take that group that is using half of everything and instead of sticking them out in the cold to go in a high-risk pool that is like across state lines and you target so much of
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the government money at them rather than having all this distortion where the insurance comedies have to cover it so they mark up the price into visuals and my point is that we kind of note the solution but no one is doing it even though it is out there so why is that and it's frustrating to me. >> because i think people are afraid of politicians and airfreight of the issue. it's very fraught with emotion. it conjures up images that the democrats like to exploit of cutting people adrift from their coverage and they know they can't afford their medicines and so forth. what a points to again is a lack of -- first of all, we need a vigorous drug industry in addition to health care industry comes up with new treatments that saves lives and so forth. we need that and that's an important part but we also need an overall healthcare system that encourages this dynamism and so forth. this is not -- the republicans need to come together and agree
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on a healthcare plan that they can explain to the american people and as you say, it's not hard. it is very expensive to cover pre-existing conditions. if we are going to cover it, the question is how and i think most people looking at it and i'm not an expert but they think the high risk pools is the most efficient way to ensure the coverage and avoid the distortions to the rest of the market, meaning other people won't have to pay higher premiums because of it. melissa: right, you just pay for your tax dollars but no matter how you slice it the biggest part of the population is going to pay for these healthcare costs of this 5% of people if we decide the existing conditions are covered and that is what we are saying that we will all pay for it but it's how do you do it with the least amount of distortion because then it is the most efficient and it actually cost people the least. let me ask you before we run out
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of time, the other thing you talked about was this healthcare card for prescriptions getting it loaded up with $200 and give it to people in a medicare. send it to people or clever people would say he's basically buying both. for people on medicare saying i will give $200 toward your prescription is a good idea though to cover the deductible so what to think of that plan? >> yet, again, i understand the incentive, especially in a an election year but again it seems to me that this is part of the failure to address drug prices and an honest and direct way. i think the president is flitting around with price control and he knows the drug industry is not popular so it's easy to go after them. we both know the drug industry has done some bad things. they are not necessarily pro- competition as they should be but again we can't substitute with these sort of executive orders and decrees and programs
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from the white house for a sound healthcare policy that encourages a vigorous lifesaving drug industry that keeps prices down for it why are we not talking about price controls on iphones? because the market is not sent us to drive it down for the event a new one that's expensive and two years later it's a lot less expensive because there's a newer, better model. melissa: yeah, no, it's amazing and really true. no one has the stomach to deal with this so it just keeps kicking the can down the road paid bill, thank you for that. we appreciate your time fred connell. connell: story now melissa about staying in new york but also going global. bagel boss offering a global offering for a bagel of the month declining business during the stores. we talked to the club owner, andrew. in q4 coming to the show. i was thinking part of this is
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just, this is genius because everybody love the new york bagels even in other towns they state new york style bagels and then i was also thinking you should have been doing this years ago because people would not have bought them like crazy but tell us about it. >> yeah, absolutely. i grew up on long island and worked at the bagel store as a kid, through college and law school and then when i went to law school in michigan my parents would send me bagels and i would toast them off and everyone would come flying to my room i had. when covid hit years ago i meant entrepreneur with online businesses in a marketing background and always had the fifth, sixth generation and we had to do a bagel of the month and he said you build it and i will deliver the product. sure enough we put up a website and did some marketing and it did okay. other things happened and went by the wayside but when covid hit the stores had issues i said now is the perfect time to
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reboot. let's go with the strong marketing campaign to help the stores and sure enough we went from approximately 500-2,000 visitors a day to 10,000-30,000 visitors a day and online businesses up over 2000%. connell: so for the stores they must do or how do they do on it? bagel fox for people it's like a chain of bagel store is very popular in the area especially on long island so how did they do on it because they were not getting the foot traffic and they were -- >> they had 12 locations, and nine on long island and one in manhattan we were able to keep the stores busy by supplying us with the bagels so we had or became the 13th store, if you will, with no physical presence utilizing the supply chain, infrastructure with about 220-240 people within the system and we did not have to lay off a lot of people when the stores weren't open or were curbside only. we had mother's day, father's
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day, graduation and people were missing their babies first and were text shipping bagels to hawaii, california and black and white cookies, so it is heartwarming to get these e-mails that i have not been in new york in 15 years but i can't travel to tennessee to see my granddaughter but sending them this comfort and this taste of long island means a lot. connell: people, like i said, maybe you would travel anywhere and they have the stores up but you have new york style pizza, new york bagel and it's not for better or worse, no offense to anybody but the bagels don't taste the same. >> absolutely not. sold many people will think it is the water and adam is a fifth generation vagal maker and his family came from poland since 1935 and they been making bagels but you know, it's the machine and the ingredients and how much yeast is activated and we make
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our product with 100% love. every fox that goes out we're looking at and we are making sure that everything is wrapped properly and we are going over not under and if they want half a pound of tuna we give them extra. that product and getting it that quickly, you know, it's a really great acumen to what we were able to do. connell: good for you. good luck and i hope you continue after all this passes and all the best, andrew. bagel of the month club. >> we don't see it slowing down. we appreciate it. connell: thank you. there you go, melissa. new york bagels all over the place. melissa: i am so hungry now. i'm not going to make it to the end of the show and i need a bagel. good news for college football fans. the pac 12 conference reversing course and it will play this ball. teams that get the green light from health officials kickoff a seven-game season on november 6. covid-19 tests will be required
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melissa: dining in a budget as the cold weather approaches, restaurants are finding creative ways to seat customers outside. kristina parts neverless is live in new york city. kristina? >> reporter: melissa, summer is, unfortunately, over. but right now here in new york city, outdoor dining is still to technology option. indoor dining opens up next week at 25% capacity, and the latest news is that this is going to be the a permanent fixture in new york's 24/7 all year long, and that means restaurants need to get creative. like you mentioned, this restaurant here has launched the plastic bubbles to, you know, protect the patrons from the elements, also they're a little bit warmer inside as well. you can see people enjoying it. businesses are drowning in overhead costs. the latest survey shows that a
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huge chunk, i roughly 90% of new york city bars and restaurants, were unable to pay their rent in the month of august. and to make matters worse, the new york city health department also said -- or threatened, i should say, to close down nonessential businesses for the second time in certain parts of new york because of a spike in covid cases. you have a similar problem that's happening all across the country, small and business, the latest chains, sizzlers filing for bankruptcy, they blame the pandemic. and as all these people enjoy their meals, there is another yelp report too saying roughly 30,000 restaurants have closed across the country since march. two-thirds of them will close permanently. so definitely not any good news. and here in new york you have a situation where they have to decide how they're going to go forward. they're allowed propane heaters, but they don't know if the indoor dining is going to extend, so it could make for a really long, cold winter. ♪ back to you, melissa.
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♪ melissa: oh, i love it. kris teen that, can you ask them if they have a table for two tomorrow night at 8? just ask them and text me, we'll be there, i love them. thank you very much, that does it for us. "lou dobbs tonight" starts now. ♪ ♪ lou: good evening, everybody. riots and more violence in louisville. police arrested dozens of rioters last night including a state legislator arrested and charged with rioting. businesses and vehicles were vandalized by the left-wing mob. the city's library set ablaze, the city's 9 p.m. curfew extended through the weekend. the suspect in the shooting of two louisville police officers wednesday were arranged today. the suspect's name is lorenzo johnson. he pleaded not guilty to two charges of first-degree assault on police officers and 14
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