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tv   After the Bell  FOX Business  October 20, 2020 4:00pm-5:00pm EDT

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it's a strong year, don't be on the sidelines. liz: great, kevin miller, giving us a nascar analogy there. [closing bell rings] netflix earnings are up right now. that will do it for "the claman countdown." >> stimulus hopes lifting stocks, they came off the highs. all three major averages ending the day in the green, significantly off session highs. at one point they were up 340. the dow is trading 112 now as the bell rings and markets close. this as house speaker nancy pelosi and treasury secretary steve mnuchin continue relief talks and as we wait for results that could shake up the markets tomorrow. netflix earnings report is expected out any moment now. hi, everybody, i'm david asman. i'm for melissa francis and connell mcshane. and this is "after the bell." we
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have edward lawrence and in washington. reporter: they are scheduled to talk about right now. they usually talk about an hour on these phone calls. there is very slim chance of getting a relief package to help americans by election day. president donald trump said this morning it is political. and house speaker nancy pelosi does not want to help the economy because that would help the president win. his economic advisors say the house speaker packed her package with a lot of stuff unrelated to the coronavirus. >> there is a number of political and idealogical points in that have nothing to do with covid and we don't want to go that direction. if it is targeted right, absolutely. it is not it is not going to work. reporter: even if a deal could be reached the president said he would go above 2.2 trillion, still reaching republican senators for their vote might be
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a challenge. the president says he would lean on senate majority leader mitch mcconnell to get the votes. it might be a hard sell though. listen. >> the president won't simply hand out endless sums of cash. >> what we're doing is things where we target to do the things that are most helpful to americans. people have lost their jobs. people that, are small businesses but let's remember. this is not free money. sob will pay this money back. >> they are in no way of favor of having their senator vote for a bailout that nancy pelosi wants for illinois, new york, and california. reporter: so the senate is passing re-upping of the payroll protection program in an amendment today, to add that to a 500 billion-dollar targeted package they have for a vote tomorrow. that is well short of what the democrats and what the house speaker is negotiating with the treasury secretary. back to you, david. david: edward, the bottom line you have irony where you have a republican conservative president who is closer to where the democrats are than he is
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where to the senate republicans are, right? reporter: exactly the president this morning said he would rely, he could rely on some democratic votes to get a bigger package passed but he said the president says that he believes republicans will come on board when they see what he has got in a bigger package. we'll see how the negotiations go. david: final follow-up though, the key question for the president and for most republicans whether they can prevent the democrat governors around the country from getting a bailout on mistakes that they made before the epidemic kicked in is there any way you can kind of separate the money from past sins if you will? reporter: that is exactly what they're trying to do through targeted language. i understand through sources familiar with the talks that the treasury secretary steve mnuchin is trying to put in language to make sure there is some sort of basis for the loss from a state. not just a blank check to cover
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whatever. there has to be some sort of documented covid loss that this will then cover to go forward, to they avoid, as you said, they avoid going after the democratic states and putting into let's say pension funds or whatever bad information or bad votes that have been made for some of those states that they budget. david: very good. edward, thank you very much. we have a "fox business alert" for you. netflix reporting third quarter results. let's go to ashley webster with the numbers and i see that after-hours the stock has gone way down, ash. ashley: it is. there is a reason for that. start with earnings per share coming in at a buck 74, 1.74. the estimate was for $2.14. a big miss on earnings per share. the revenue coming in higher slightly than expected, 6.44 billion. better than 6.38 billion.
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talking about sub scrubbers, in the third quarter note flicks says they added 2.2 million subscribers. that is below their own estimates of 2 1/2 to 2.6. analysts were looking for 3.4. so a big miss on new subscribers. a big knock on netflix is that the entire year was essentially pulled forward into the first six months of the year because of the pandemic. they added more than 26 million subscribers in the first six months of this year but that certainly slowed down. the combination i think of bigger competition from disney plus, from peacock and other video streaming platforms. also the return of some live sports, all of this combining to knock netflix down just a little bit in the third quarter. and again, missing on those all important new subscribers, 2.2 million in the third quarter of this year. same quarter last year they added 6.8 million new subscribers. so that is what is hurting. also as we look at the outlook,
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perhaps a little shy of what analysts were looking for. that also hurting sentiment as you can see, down more than 6%, david. after the market. this is typical. when we get results of netflix, they go up or down, 4, 5, 6, maybe 7%. certainly numbers we'll see volatility in netflix. david: indeed. but they continue to drop like a stone in water down about 7% right now. ashley: they do. david: ashley, thank you very much. here is adam lashinsky, business insider columnist, gary kaltbaum, kaltbaum capital management. both fox news contributors. good to see you both. adam, why do you think they came up so short in subscribers? >> i think ashley put his finger on it. there are two reasons. they had an incredible pandemic so far. people sitting at home, binging on a lot of netflix shows. secondly, they do have a lot of competition. we're finally seeing everybody who netflix humiliated over the
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last few years getting their act together, anywhere from disney plus, the only thing truly shining at that company to hbo max is not doing freight but it is doing something. that takes away from netflix. david: i have hbo max, i have they have a great set of movies but i'm not sure what disney plus has. they have extra. gary, throw it out, they had this movie on netflix called, "cuties." a lot of people referred to it as child pornography. i haven't seen it, i can't attest to it pro or negative, do you think that cut into some of the subscribers? >> i read a few articles that some people were canceling but i don't think there was a ton just because of that. there is easily a combination of two things. adam and ashley nailed it. there is just so many different avenues now to get your fix of sitting on a couch on your you know what watching
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stuff. there is tremendous competition out there and when netflix reports the first number everybody looks for is subscriber growth and if they miss on that, the stock usually takes a hit and the fact that they missed earnings by a pretty wide margin, that is what you're seeing right now. they guided up for next quarter on earnings but they guided down on sales and you think the sales and subscribership will matter most going forward. so probably dead money for now. david: they have been talking, adam, about raising prices. there is a lot of hints over the past comb weeks about that. can they afford to do it now when they have such a smaller subscription base than they thought? >> keep in mind they have a giant subscription base -- david: i know. less than the estimate. i should have emphasized that but the bottom line can they afford right now to raise prices? >> i think they probably can. keep in mind the earnings miss, probably competition has something to do with that as
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well which, they always spend a lot to develop new shows. now they're competing with more competitors just to win those shows which means they have to pay more for them. this is just a simple price elasticity thing for netflix. they need to decide how important it is for them to make money right now. and that's up to them. david: different story but same personality, gary, reed hastings, the guy who really got netflix started, he has benefited tremendously from the lockdowns but he hates the lockdowns. he says this is nothing positive from a company's perspective about people working from home. he wants people to come into the office. i see adam nodding his head. you've seen this, adam. what do you think about that, gary? do you think he is right we have to get people back into the offices as much as people like to work at home? >> i think reed hastings is thinking like a lot of us. you know, working out of offices with people has been you know, part of our environment forever. and this is just stomped on it
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in a very big way and while netflix has benefited and pella tons have benefited i can guarranty you most of these executives would love to see us go back to the norm and real life again as they say. david: guys, hang in there. we got another story dealing with silicon valley. this time it deals with the beltway. ironically kind of a bipartisan effort taking place inside the beltway targeting somebody inside of silicone valley and it is google. the department of justice filing a landmark antitrust lawsuit against google. let's go to susan. susan: the department of the just sis arguing that google is too dominant when it comes to online search and online advertising killing off competition. i just spoke with google's director of economic policy and asked him about the case. not surprisingly he said the doj's case is flawed.
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>> we will defend ourselves. i don't know in terms how long it will take or what the next step will be but you can expect to hear from us we're competing vigorously. we're serving the american economy well. we're serving american consumers well and this case is not correct. reporter: i also asked about politics since this case is being filed so chose to the november elections with the 11 state attorney generals all coming from republican state governments. i asked him what he thought about this? listen. >> no matter who is asking us the questions, what their political affiliation, no matter the country, our only responsibility in this process to respond with clear evidence and demonstrate how we compete to show that we're benefiting the american economy and american consumers. susan: remember that the microsoft antitrust case back in the 1990s heading into the 2000s lasted for over a decade. checking in on the stock price reaction looks like most investors are staying calm at least for now. guys? david: susan, thank you very much.
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adam and gary are back and adam i want to go to you first on this, i have to mention you have a family member did work for google. i don't know if she still does. the fact this is an interesting case of bipartisanship against silicon valley. it is not completely bipartisan. some republicans are against it like rand paul. and some democrats for this lawsuit. so where does it end up? are there enough, because it is bipartisan, are there enough people, members of congress that will go against it so they will have to pay some sort of price? >> well this absolutely is, my wife still does work for google by the way, thank you for asking, google. this absolutely is bipartisan and know that the doj went right after the heart of the matter. there were a number of ways they could have gone after google. for example, might have pleased republicans if there was something about this that they are prejudiced against right-wing thought or conservative thought i meant to
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say. they didn't. they went after search advertising. that is the business. that is where google have a dominant place. there is a lot of animosity towards google on both sides of the aisle. it is a core case, and it will as susan said go on for years. that is why you saw the investor reaction you saw. david: gary i want to switch from google to twitter and facebook fork a second because there you do have the censorship issue. they have this golden ring. it is called section 230. i won't go into details what that means but essentially it makes them somewhat immune from lawsuits, both twitter and google because it assumes they're an open platform, that they don't censor or he had it the material that goes on the platform but as we've seen recently apparently they do that. what do you think about section 230, do they reserve to lose that? >> wouldn't we all be happy if we were immune to all lawsuits? isn't that great how they're able to get this done? look, i would be thrilled if we just had a fair and level
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playing field and this 230 does not make things fair and level because they can get away with things that they probably shouldn't get away with. look, leave no doubt, there are some issues out there as far as the things that they do and the people they stop and people they like and as we get towards the election i think it has worsened. they do it in plain sight. by the way, google is not immune either. you search some things you can see what comes up. this will have to be addressed ultimately and hopefully they can learn a lesson from it and just do the right thing. that is all you have got to do is do the right thing, be fair about things. david: gary adam, great to see you, guys. appreciate it. with just two weeks to go until the election president trump is banking on tax cuts rather than tax increases that have been announced by his opponent, particularly as new analysis warns that a biden presidency could put high earners in a 60% tax bracket.
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we haven't seen that since the 1950s. will that drive high rollers out of states with high taxes? more than 34 million americans have already cast their ballots. we'll have the latest from the record voter turnout from an unexpected polling site. the world series begins eight p.m. eastern on fox but baseball's little battle will look a little different. we'll give you a little preview coming up. are you frustrated with your weight and health?
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get off the floor and get on the aerotrainer. go to aerotrainer.com, that's a-e-r-o-trainer.com. ♪. david: the impact of rescinding donald trump's tax cuts. a new analysis showing that new york and new jersey could see taxes go up to 58% if joe biden is elected. here now, james freeman from "the wall street journal" he is also a fox news contributor. i believe he lives in new jersey by the way, where you will have plus 60%. here in new york we're just a little bit shy of 60% if trump gets rid of the tax cuts. do you think the president will make hay with figures like this in the debate on thursday? >> well i think it is kind of astounding to people when they see how high the biden tax increases will go on the high-end but i think the point that should be made but for average people not in the high
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income bracket, the real danger is the biden increase in business taxes and climate regulation which is going to make energy more expensive. that is where you see the hoofer is institution saying that -- hoof very institution will cut five million jobs over the next decade. you're talking about a smaller economy, economy more expensive to make things. that is not good for workers. david: i think you could make it simple. "the new york times" could help president trump make it simple, because they, "the new york times" came out with a figure, even though most americans don't think they got a tax cut, turns out according to "the new york times," 65%, rounded out, 65% of americans got a tax cut. the joe biden said he first thing he would do get rid of the biden tax cuts, that means 65% of americans are immediately going to get a tax increase. that is the point he could make.
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>> i think that 65 may be a little low. other estimates put it around 80% of people who got a tax cut under trump 2017 reform. this has got to be something on the minds of voters. it is something that joe biden talked about from the very start of this campaign. whenever he talks about the trump tax cuts he always describes them as only benefiting rich people and businesses. david: right. >> and of course the fact is that they went up and down the income scale with tax relief for everybody for 80% of tax-filers. if he really means it, he thinks this is only some benefit for the wealthy and wants to get rid of the whole law, that is deep trouble for people at all income levels. david: he has a lot of, sort of wealthy millionaire liberals in the wall street area, people like moody's and goldman sachs and everything saying that all these tax increases could actually be good for the
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economy. i won't go through their reasoning for that but i'm wondering all the budget models conflict with reality. we have the reality what happened when obama-biden raised taxes during the recession when they came in to power and we had the weakest recovery on record. on the other hand when donald trump came into power and lowered tax rates and lowered regulations which is a kind of a tax, you had the biggest job market we ever had in the united states. more jobs than you had people looking for jobs. why don't we focus on reality rather than the budget models? >> yeah. i think you're right. you have really a wonderful test drive what happens when you make the u.s. a competitive place for business, for manufacturing, after the tax cuts were -- in 2017. we saw this huge increase in corporate investment in the united states and what that does is not only create jobs but it also buys the tools and
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equipment that makes people more productive and that allows workers to make more money. so we've run the successful experiment about what happens when you make america competitive and what it means for the average worker. i would think voters will probably consider that as they make decisions. david: one voter who was a surprise and considered that, came to a conclusion? 50-cent, or actually his name is pronounced fitty cent came out with endorsement of donald trump because of the taxes. he doesn't want to pay 62% taxes. >> with him in the trump group imagine memes that can be created now. he has a point. he is looking at the new york city rate going over 50%. the knicks are rarely good anyway. why do i want to stay here? >> we'll see what happens, whether he has any political influence. james freeman we know you do, thank you for being here. appreciate it. >> thanks, david. david: with more americans
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avoiding crowds in stores and shopping online fedex and ups are telling some of their larger shippers that they have already reached most of their capacity according to a report in the "wall street journal." experts warning the shortage could delay as many as seven million packages a day during the holiday season. how will that hit the retail market? that's next. so you only pay for what you need. ♪. this game's boring. let's get tacos. only pay for what you need. liberty. liberty. liberty. liberty.
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♪. david: in many parts of the country it is a seller's housing market. showing a resilient housing market despite the pandemic. of course not so in new york. jeff flock looking at lakefront homes in indiana. that looks like a great spot. reporter: it is a great spot. but you know, david, housing is booming when people buy property in a lake front community where the beach is actually disappearing. the town offing the town ogden
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dunes eroding this property. still property sales are booming here. you can't hardly get a place on the beach anymore. why is that? people trying to get out of the city, maybe because of covid. also in addition to getting more for your money, you also have a very different tax burden. take a look at these numbers. if you bought, there is a house down the beach here for sale at ogden dunes. $749,000, four bedrooms, three baths. the property tax is $3500. if you go back into illinois, in the town of evanston, illinois, you know well, i used to live there, also four bedroom, three bath house, $749,000. what is the property tax there? $15,000. now i know you get a lot for your money in evanston, you get good schools and everything. $3,000 versus $15,000 for the
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same house and one is on the beach, i don't know about you, but, you know -- david: it is the same difference in massachusetts between cape cod, living on cape cod where we happen to have a place. it is about 3 grand for taxes and in boston itself, the same size place would be four or five times. exactly the same thing going on in indiana. it is wild stuff. reporter: some places you get more for your money but i don't know. that is a pretty big discrepancy. david: yeah. manhattan, by the way that is a whole another story. jeff flock, good to see you my friend. reporter: good luck to you. david: pick up one of the houses for yourself. setting the stage for the final showdown, he is changing up the debate strategy, pressing joe biden on several key issues. will it work? for the first time in modern history the world series will be played at a neutral site. we'll have the a live report from the field in arlington,
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♪. david: just two days away from the final presidential debate as the commission for presidential debates announces a new rule change that mics will be turned off at different portions during the night. as the president calls for an investigation into hunter biden. listen. president trump: got to get the attorney general to act. he has got to act and he has got to act fast. he has to appoint somebody. this is major corruption. this has to be known about before the election. david: here now is charles hurt, "the washington times" opinion editor. he is also a fox news contributor and a good friend. good to see you, charlie. thanks for coming in. >> thanks, david. david: i know the president is serious about wanting hunter biden to be investigated and the whole biden family but is he setting the stage for it to be an impossible thing for the moderator of the debate to avoid
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the hunter biden conversation and pc? >> if anything he is the master at sort of gaming this kind of thing out. look, it won't, at the end of the day it won't matter that the moderator will never ask a single question about any of this, because president trump will be asking this question every time he open this is mouth. this is where david, this whole thing about the button, the mute buzzer, that you're going to give a journalist, one of the most consequential debates of a political debates of our lifetime, it is just mind-blowing to me because how many times when she deploys the mute button will the president of the united states be asking joe biden a question about exactly what the media has been censoring all this time? david: exactly what a lot of americans want to be asked. that is the point is, is that a lot of americans do know about it because they have been reading the tweets. they have been watching fox news and even though the major media
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sources have been trying to avoid it they can't. that is the question that people want. i'm just curious in addition to the mic issue, that rule change, they also had a bait and switch on the subjects, it was originally supposed to be foreign policy, which is one of the president's, next to the economy, the president's strongest suit, getting rid of isis, having the mideast peace deals, et cetera, that is no longer part of the subject matter. >> not only does president trump have a lot to crow about in the foreign policy area but joe biden is not just a, your average united states senator who has been in washington for 47 years. this guy is the reining expert on foreign policy for 50 years. he was chairman of the foreign relations committee. he has been, his fingerprints have been over every single major foreign policy decision, every single war, every treaty,
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everything that the united states senate has taken up in the last five decades. to match all of his vast expertise as washington's great thinker on foreign policy versus the four years of accomplishments that president trump can actually point to, that is devastating. of course we're not going to talk about that. we're going back to the old topics from the other debates. david: charlie, i know it is juicy to talk about these things because there are some things we could point to about the obama-biden presidency, but shouldn't this president focus on what he has accomplished? very few presidents followed through with as many promises as president trump has. shouldn't that be his focus rather than pointing out deficiencies with obama-biden? >> yes, absolutely and one of my biggest complaints about the first debate, and the reason why president trump -- i would argue that president trump shouldn't even participate in this last debate because, the whole thing
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has become so unfair and so stacked against him. the problem he really has ground he needs to make up because he failed to do before. my complaint about the first debate he didn't make his argument for, whether foreign policy, the economy and even his handling of the coronavirus. he has got a great story to tell, a great argument to make. he didn't make it. david: yeah. >> and of course mike pence did a great job of making it but the president has to make it and nobody can make a case on something trump does. david: charlie, they want me to wrap but i have to mention this robert reich tweet, instead of giving credit to the trump administration, he want as truth and reconciliation commission to look into anybody who abated the trump presidency in anyway. this, this is something right out of 1984 by george orwell. 10 seconds, go ahead.
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>> it really is. it tells you everything you need to know about those people. david: i think so. it is scary, that they would even be thinking that way. we'll have fun watching all of this in next couple days. arenas are being used for polling locations as sports with different events go on with no fans amid covid-19. it kind of makes sense. officials are finding another use for empty stadiums across the u.s. kristina partsinevelos is at the madison square garden, the famous, the one and only with more on this. hi, kristina? reporter: david, the famous one and only. it will be the first time in 52 years madison square garden will be used for early voting starting saturday, october 24th. 60,000 eligible new yorkers can come behind me here. it will be the largest polling station in the city and why madison square garden? you have major league sports teams across the united states that are offering up their arenas and stadiums from the
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nhl, nba, the wnba. the list goes on. there is a lot of ample space. the hope it will boost participation. because at this right now we have surpassed well over 35 million people who have cast their ballots thus far. we are seeing the majority of those ballots coming from democrats but overall there is a record shattering early voting across the nation. you see stadiums already in place. fenway park, tampa bay bucs as well. the question will this boost turnout? so i took to new york and asked new yorkers what they thought about the voting process. listen in. >> i personally want to go to the voting center i know where my vote will go. i don't know if i trust the situation. i feel they might overload the process. >> my son, this is his first time voting to the actual polls. >> i didn't do mail-in ballot i have to go in. for the elderly and stuff that is very good to have for them. reporter: if arenas aren't
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team-owned it is up to local officials which is why not all stadiums and arenas will be used for voting. we know they will be welcoming voters, not just sports fans. back to you. david: kristina, thank you very much. california hoping to make dreams come true again. the state said theme parks will be allowed to reopen, but at 25% capacity. when the counties move into the state's least restrictive yellow tier with a positivity rate of less than 2%. the sooner we get into that the better. more to come. stay with us. turn on my tv and boom,
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♪. david: here is some good news, the country could have a coronavirus vaccine distribution plan in prays as soon as -- place as soon as early november. currently there are six major companies undergoing late-stage testing for their vaccines. let's go to fox news's jonathan scary with all the latest details. hi, jonathan. reporter: david, in fact those companies are already manufacturing according to this administration official millions of doses and vaccine. the idea being you stockpile them so you can rapidly distribute them as soon as you get approval from the fda. how soon will that happen? well, here's one clue.
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the ceo of moderna told "the wall street journal" conference his company's experimental vaccine could be ready for federal approval in december if clinical trials deliver positive results this month. why the clinical trials take so long? when you're using human beings as your test subject to take time for enough participants to naturally become infected with coronavirus as they go about their daily lives. scientists want to see how those receiving the vaccine compare with those receiving a placebo when they're exposed to this virus, however in the united kingdom researchers plan to speed up the process. they're doing what's called a challenge trial. that is where you deliberately expose healthy volunteers to the coronavirus. >> if this vaccine trial could mean that this period of trouble for the whole world can be over sooner i want to help, i want to
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be a part of that. reporter: the cdc released new data this afternoon showing from january to the beginning of october nearly 300 more americans have died -- 300,000 more americans died than what you would normally expect. the 2/3 deaths a attributed to covid-19. how do you explain the other third? many believe that remaining third could be related to the pandemic. people putting off visits to the emergency out of fear getting infected. back to you. david: those are the costs of the lockdown. there are costs to locking down as well. at least that is my own perception what is going on here. jonathan, thank you very much for that report. in addition to the vaccine there are the antibody treatments. one biotechnology pharmaceutical company is the first to receive phase three clinical trial approval today from the data safety monitoring committee from
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for its covid-19 treatment. joining me the ceo of cytodyn. for the people not familiar with it, this is the treatment, or one of the treatments that the president received, correct? >> i'm not sure if the president trump received this. this is monoclonal antibody has been used in over 1000 patients in the past. so it has shown to be very safe. we are using in coronavirus phase three and phase two and we just did have interim phase three and the result was very much aligned with 60 approved measures for patients. some got off of life-support. and the physicians, published a paper recently about this. david: now regeneron is the treatment that the president received, it was the monoclonal antibody treatment he received. he received it but it was
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regeneron. i imagine they're competitors with you and eli lilly also but you guys don't deal with each other as typical competitors, right? there is no end to a need for the supply of this stuff. >> that's correct. we are monoclonal antibody proven to have been safe in 1000 patients. we got fast track submission from fda. the results were positive. the significance of the news today is that the data safety monitoring board looked at the mortality this is something no company has shown any positive results own mortality. remdesivir did not and other company products didn't. we just saw a dsm, data safety monitoring committee, after looking at data halfway through the trial, they said continue and you will achieve your primary end point. con at this to achieve your primary end point. that is important result.
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we want to take a look out of the 60 patients have been enrolled. we believe this is a very positive development. we could see the very first monoclonal antibody for mortality, critical and severe patients and -- david: this is one therapeutics to be used. there are other therapeutics being employed for people who have cove vivid and is that the reason -- the president is always talking about the therapeutics, everybody is focused on the vaccine but should be just as focused on the therapeutics, that is why we have the spike in covid cases the death rates remain very low compared to where they were in the spring? >> exactly. what president trump said if the mortality goes down the risk of the coronavirus goes way down and we, that is why these results today was very important and significant for us. if we can show that the mortality can be managed, for that small one or 2% of the patients who have severe
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covid-19 infection, then you got yourself something to be able to rely on. right now we don't have anything and we believe this -- david: can this be used as preventative as well as therapeutic or just for somebody who already got the disease? >> no. this is for somebody who already got the diseasewe are testing for long haul, 75% of the patients who are hospitalized with linger problems. we believe this product works on the immune system and calms down the cytokine storm. we believe this product can be used tremendous amount. not prevention but just therapeutic. david: correct me if i'm wrong it is derived from the blood of people who have had the disease, right? that is where the antibodies come from or is it artificial? >> this is artificial. this comes from mouse, cell, and that's where you actually develop this, i think, regeneron same thing. they developed it from a mouse antibody and humanized it with
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patients, so humans can receive it without any anti-drug. david: miracle of modern science. we need it now more than ever. nader, full steam ahead. we can't get this out soon enough. congratulations on your work. just a few hours from now an unprecedented world series kicks off in arlington, texas. we'll take you there live next. fox business's charles payne will lead a panel of fox business all-stars for "america votes together" virtual town hall. if you have a question on anything from business openings their doorses to the real estate boom, whatever you have in mind, email a video of yourself, invested in you at foxbusiness.com for a chance to be featured on the show. october 27th, 2:00 p.m. eastern right here on fox business. stay tuned. we'll be right back
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david: right night for baseball. the dodgers and rays face off tonight in game one of the world series. this is setting unlike any other world series we've ever seen before. fox news's case see stiegel is at the globe life field in arlington, texas. casey, how the heck did you you get this as signment? i imagine you will get the game, right? reporter: covering a lot of sad hurricanes we get to be at the ballpark today. it is a great night, no doubt for baseball and we should point out that global life field here is brand new back here, all right? it can hold more than 40,000 people. a fraction of it, will be filled with the world series kick off, with the coming night of other games will be played because of social distancing and obviously the pandemic. each game, get this, 11,500
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dodgers and rays fans will be allowed to go inside. all nights of the series happening in one spot. that is to east travel back and forth because of the pandemic. really it's a win-win for those who will be in attendance. but also frankly for local business owners around here who have been socked by the pandemic >> we make a living off of all the events going on in town. so even if it's a 25% event, man that helps out a lot of small business owners like myself. reporter: so an estimated 10,000 or so are expected to be trickling into arlington and the dallas-ft. worth area over the next couple of days. david, you know that means people are sleeping in hotels. they're eating in restaurants and they're spending money and that is something that is much-needed with so much financial stress because of covid-19. david: one of those
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>> my buddy, mark yost, he's going to be with there with his son. he won one of those lotteries. congratulations to mark and his son george. casey, thank you very much. that does it for us, melissa and connell will be back any day now. "lou dobbs" starts right now. ♪ lou: good evening, everybody. president trump is demanding further investigation into the corruption of joe and hunter biden. he said his attorney general, william barr, needs to act fast and appoint a special counsel to investigate foreign payments made to the biden family while joe biden was in office. >> we've got to get the attorney general to act. he's got act, and he's got to act fast. this is major corruption, and this has to be known about before the election. this has to be done early. so the attorney general with has to

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