it does. >> yeah. this is definitely a week to appreciate those people in your community. you don't want those businesses, those restaurants you love to go away. cheryl: tell you what, there's somebody that loves the same restaurants i do. he's hosting the next three hours. james, mark, guys, thank you so much. bring in david asman because, well, i've got my gear -- david: i like your gear, yeah. like the gear. i'm not going to be frying any turkeys in my apartment in manhattan, though. got to make that absolutely clear. though i do appreciate james freeman's right. actually, i want some of his fried turkey. i would love to have that some day. you look good with all that fox gear. appreciate it. good morning. i am david asman. here is the big story. some good news for flyers and good news for the whole world. delta is going to be launching quarantine-free flights from the u.s. to italy. a hopeful sign of a break in the dark clouds of covid restrictions. we are going to tell you when and where that will all begin. and vaccine makers on high alert after reports that north korea hackers are trying to

break into astrazeneca's systems. we have the very latest on this disturbing news. and the supreme court ruling against new york governor andrew cuomo's covid restrictions on religious gatherings. this is a big win for you and i say for the first amendment as well. we will tell you why. president trump meanwhile thanking our troops and then taking questions from reporters. for four years the media has gone after president trump in every conceivable way, throwing everything at him, and he answered it all. what about joe biden? he rarely takes questions. when he does, they are complete softballs from pre-screened reporters. so will the media ever ask biden a real question? joe concha is here on that. and it's black friday like none other. will businesses see the robust sales from previous years? we've got you covered all over the country. let's take a look at where stock prices are now on this shortened trading day. the dow up about 78 points in premarket activity. the s&p up as well.

nasdaq up also. a record week for stocks. we've got a big show ahead, folks. "varney & company" is about to begin. ♪ david: now we're into it. it's a little early in october and early november, but after thanksgiving, i think it's a decent time to begin the christmas music and all the colored lights on sixth avenue here in new york city. susan: you don't have the tree up yet? david: i'm sorry. do you have a tree? susan: no, not yet. david: don't criticize until you get one. we are getting into the holiday spirit. all we want for christmas is a vaccine. listen to what president trump said last night about the vaccine rollout. play tape. >> the vaccines are being

delivered literally it will start next week and the week after, and it will hit the front line workers and seniors and doctors, nurses, lot of people. we are going very quickly. two companies already announced they are coming up and a fourth and fifth one coming up as well. some people have called it a medical -- really a miracle. could have taken four or five years to do this. normally it probably would have taken four or five years. just getting it through the fda. we pushed it very hard. david: this as astrazeneca says they may need another trial to prove vaccine efficiency or efficacy. efficacy. also, north korea, this is very disturbing, reportedly targeting them as well. we have more on all the vaccine stories coming right up. we won't be seeing any crazy black friday fighting or crowded stores this year. some are grateful for that. but online shopping is expected to grow by at least 33%. grady trimble is in chicago with all the details.

grady, who's offering the best deals? reporter: well, david, there are deals all over the place. you mentioned people are probably grateful there aren't long lines. i know the retail workers at this target were particularly grateful this morning because only about ten people showed up for those door-buster deals, and people in some other locations might be lining up because there are capacity restrictions in a lot of stores. nonetheless, americans are expected to spend more than they ever have, according to the national retail federation, this holiday season. as much as $766 billion, up about 5% compared to last year, and more than $200 billion of that will be in online sales. e-commerce already at essentially holiday levels all year long because of the pandemic. that's going to surge once again. and a lot of the retailers have been spreading out their deals. target, as an example, has had black friday type deals for the entire month of november and they will continue to do that

and offer the deals online. so everybody always wants to know what do i buy on black friday and what do i want to wait for. here's what adobe says. they say on black friday, today, you should look for things like appliances and tvs and then on saturday and sunday, look for computers, furniture and toys. but there are some things that are worth waiting for. sporting goods, probably mid-december is when you will get the deepest discount, then wait until after christmas if you can, if you have the patience, for things like tools and home improvement projects because that is when you will see major markdowns on those products. david: i do always wait for the major markdowns. that's my scottish background. thank you very much. let's bring in gerald storch. gerry, will online sales rule black friday, this black friday? >> well, not just black friday, but the entire holiday period. absolute absolutely. the retailers, they don't really try very hard to create lines at stores today for very good

reason. for example, target didn't even run a separate black friday ad. they have been running black friday ads all throughout november. the last ad they ran was on sunday. historically they would run an ad that starts today and have people lined up for doorbusters, all that. that's why, they aren't trying to create lines again for good reasons. online is booming. e-commerce is booming. i believe we will do about $10 billion in sales every day during this period online, and just a huge, what they call cyber-five between thanksgiving day and cybermonday, just booming. just huge. in the stores, it's more level. it started bake way back in oct with amazon prime day and will keep going. there's four weeks until christmas, keep in mind. it doesn't all have to happen on friday. it will happen over the next four weeks. no doubt about it, though. the consumer is going to spend. we need christmas now. it's happening. you have seen a lack of lines or something, don't think that means there isn't great consumer spending because there will be. david: you were ceo of saks

fifth avenue parent company. it was a landmark of new york city and as you know,new york city is now practically dead. i would say you go down any major avenue in new york, it is shocking. it's the first christmas season i have ever seen it like this. how and when if new york comes back, does it come back? >> well, it's going to take a little while but it will come back. first, it will come back. having said that, there aren't any tourists and keep in mind, fifth avenue is driven very heavily by tourist shopping. the chinese obviously are tnot coming. they have been the biggest group for many years. the europeans are the no comino. the south americans are not coming. there are no tourists. even though domestic business came back after the vaccine, it will be a year or two. there's nothing like new york. there's nothing like fifth avenue in the world. it will come back. david: those are hopeful words. i hope you're right. thank you very much. appreciate it. happy holidays to you. let's check the futures right

now. if the dow stays where it is, we may end up the day above 30,000 which would be great for the week. let's bring in d.r. barton. the dow and s&p are on track to end the week near record highs. will they? >> i think we are looking at a strong open and i think all of the zeitgeist right now, we have orderly transition things going on, all of the great retail news that we just heard about in the last few segments, all of that is kind of keeping us with the fed and the stimulus stuff propped up and i believe we will see the close today higher. david: you know the most hopeful news i heard today in addition to the vaccine news, delta and al italia announcing the first quarantine-free flights to europe. maybe it's symbolic but for me, that really had me excited. i could see the light at the end of the tunnel. >> i think you have hit the nail on the head.

i think it is a bit symbolic. but i believe it is a good thing to get people thinking about travel plans post-vaccine. i think that's really what delta is doing there. i think it's kind of a brilliant p.r. prop because i think it will get people in that mindset. i'm with you on that one. david: i hate to rain on our own parade here, but there are serious concerns about tax hikes even, by the way, if the senate stays republican. there are suggestions that a biden administration could possibly find ways to change tax rules that would lead to tax hikes that might hurt investments. is that possible? >> well, i think it's possible. with the layers upon layers we have in the governmental bureaucracy, there are lots of different things but one of the things we can't really do very easily is those real tax hikes, like changing the corporate

rate. that one i think is the one that would really get the market on edge. what we saw during the election week was the markets heading up because the red team did seem to be in place to hold the senate, and if that's the case, it's going to be really hard to attack those corporate rates. yes, they will probably do some things where they can do some things to small businesses through executive orders and all kinds of stuff like that, but all of my research is looking at if the red team holds one of those georgia seats on january 5th, the tax hikes in the big sense are going to be a much tougher road to hoe for the new administration. david: d.r., good to see you. thank you. have a great weekend. let's take a look at some stocks this morning. susan li, who we have been hearing if the background, now we see her live in studio. good to see you. susan: happy thanksgiving, by the way. david: who are the big movers

today? susan: stay-at-home winners. i'm looking at 1% rallies for the likes of zoom, shopify, telehealth and twilio as we head into the winter months. that's looking to churn up covid cases and we will be doing zoom calls, seeing our doctors through our phones and communicating over the cloud. also check out moderna shares, rallying some 5% this morning. this is because astrazeneca's vaccine approval might be delayed in the u.s., especially since they have to do another round of their late phase trials. that means possibly higher demand for moderna's which should apply for fda -- david: good news for competitor. susan: also fda approval before year's end. it will probably be available before astrazeneca's. take a look at the american, united, delta, who have rallied on hopes of multiple vaccines getting to market this morning. david: we like good news on a friday after thanksgiving. thanks, susan. big show still ahead. we have dr. marc siegel to talk

about all the vaccine news and what's going on with north korea. tammy bruce is with us. joe concha, to talk about the media and all those softball questions biden is getting. and burgess owens, brand new congressman. he's got quite a story from the nfl to a seat in congress. meanwhile, president trump might head to georgia tomorrow to campaign for senators kelly loeffler and david perdue. we've got the latest on that. and the supreme court ruling against new york governor andrew cuomo's order that restricts religious gatherings. tammy bruce is going to take that on. take a look at futures. north korea reportedly targeting astrazeneca's vaccine. some other problems with astrazeneca. we will get the latest development on that coming next. ♪ did you know you can go to libertymutual.com to customizes your car insurance so you only pay for what you need?

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david: take a look at bitcoin. it is falling, down 11%. what's going on in. susan: profit taking and concerns the u.s. government might try to rein in bitcoin. it's been down 15% since wednesday, biggest selloff since before the pandemic started. we are back at the $16,000 level and pushing just within a few hundred dollars of record highs. we know bitcoin, yes, it's very volatile. back in 2017, when it reached the last historical high, $19,600 and so, it fell back to $3,000 the year afterwards. this year's bitcoin rally has been a result as more companies are allowing its users to buy and sell the currency adoption as we call it. paypal being the game changer just a few weeks ago. you also have one or two big investors really controlling 95%

of the entire supply of bitcoin so there's talk that all this concentration in just one or two traders, if they decide to sell or decide not to buy as much in terms of the daily bitcoin money supply, that's when prices start to come down. david: facebook has been talking about libra, their own cybercurrency, for a long time. are they ready to launch? susan: as early as january, according to "financial times." this is facebook's cryptocurrency. it's going to come out on a limited scale for now. the single digital coin will be backed by only the u.s. dollar as a start. facebook is still looking for the go ahead from swiss authorities where the libra association is based to issue in the future a series of coins backed by individual country currencies as well as other coins backed by libra itself. it's complicated. it's obviously very sophisticated and there's been a lot of government skepticism and concern against this project. banks and regulators around the world including, by the way, right here in washington, d.c., are concerned the facebook

currency will cause global instability in the financial systems and then what will this libra be used for? will it be used for underworld takings or nefarious activity? david: of course, the central bankers don't want to lose their power, either. susan: undermining, yeah. david: susan, thank you very much. take a look at astrazeneca. they say their vaccine trial results could be clouded by a manufacturing error. let's bring in dr. marc siegel. what was that error? >> well, they have had some quirks along the way, including back in september when they had someone in the trial get sick and they didn't reveal it right away. stat news actually revealed it. now there's a situation where the first dose of the vaccine to 2800 volunteers, half the dose was given. that was the error. they didn't announce that as an error right away. the second dose, they got the full dose. that group appeared to do better and had more effectiveness against the virus than the other group. but the other problem there,

this is according to our head of operation warp speed, the other problem was they only studied that lower dose in those under 55. of course, those over 65 are the ones we worry about the most. david: it doesn't sound like a real game changer in a negative way for astrazeneca. this is just checking details -- >> that's a very important point. that's a very important point to make. listen, the science proceeds. the vaccine still looks like it's very safe and very effective. what it means is we need to take more time with it. that's what we have been doing in the united states anyway. it's not ready to go to market here in the u.s. david: some good news about the virus which is that the mutation, there don't seem to be a lot of mutations. that's good news for a vaccine, because the vaccine is focused on the current rendition of the virus. if there aren't many mutations the vaccines will hold up. >> that's correct. that came out of london. that research. it looked at 99 countries and francis collins told me that early on in march or april, they

had a single mutation in europe that made it more transmissible but nothing since then. this research bears it up. exactly the point you made. it makes it a more effective vaccine target. it means when we have a vaccine, it's not a moving target. it makes it much more likely that the two vaccines, moderna and the pfizer vaccine, are going to continue to be just as effective. david: i'm getting wrap but i have to ask about the anti-science aspect of the lockdowns, particularly on school closing. there's no scientific evidence that backs up the school closings, right? >> there's a hugely important lesson here. public health is not just about covid. it's also about the damage that when you overreact to covid, you do in terms of mental health of children, in terms of nutrition of children, in terms of eye care, dental care, in terms of whether they are socializing. all of that is badly damaged when you close schools, when all of the research out there shows very minimal spread, very small amount of spread amongst students. david: these politicians say

follow the science, then operate in exactly the opposite direction. doc siegel, thank you. susan, hackers from north korea targeting astrazeneca? susan: yeah. north korea hackers posed as recruiters on linkedin to then try to approach the uk company's staff with job offers and when sending these e-mails and documents that were supposed to be job descriptions, they were laced with viruses and malware trying to get into victims' computers to get more information on the astrazeneca vaccine. reports say this type of attack used on astrazeneca employees were similar to tools and techniques used in ongoing north korea hacking campaigns. a few weeks ago, you had microsoft warning that two north korean hacking groups were targeting vaccine developers in multiple countries. this seems to have telltale signs that it's a north korean attack. i would say look, the view that astrazeneca might have to do another round of vaccine trials according to bloomberg, that will delay fda approval and we might not get a third vaccine

available until maybe later in 2021. david: but again, as dr. siegel said, it's not really a game changer for astrazeneca. they still are on target for these vaccine rollouts. let's take a look at market futures. if they stay the same at least on the dow, looks like the dow may close the day over 30,000. closing the week over 30,000. that's good news. all the indexes are up right now. take a look at times square on black friday. usually you can barely move in this space. look at it now. ♪

david: the futures are looking very respectful today. it's not a blowout number, but it looks like if it stays with current figures, we could end up the day above 30,000 for the dow. let's bring in john layfield. john, very happy about these numbers in the month of november and it looks like we may close out the month with some good numbers. do you think it's going to be that way throughout december or might there be a pull-back? >> i think we have two very massive motivators for the market. we have the pandemic which seems to be getting out of control in

some areas in our country. we could have potential shutdowns coming from the state and local level which is very much a negative on the economy and the markets. we also have that incredible news of a vaccine that's coming that's supposed to get to 20 million americans by the end of december. right now the vaccine news is obviously winning and i think that will continue for the first six months of the year as more americans, hundreds of thousands if not billions of americans, getting vaccines every single day. i think it will be very much akin to what happened after world war ii when you had this pent-up demand and people were so wanting to get out and spend money. i think that's what we're going to see. david: that's a terrific analogy. of course, they had to deal with their own pandemic back then as well. that lasted beyond the end of the war. but it sounds like what you're saying, i don't want to pin you down -- maybe i do want to pin you down on a number. how high do you think the market will go if it's got another six months before there's a pull-back? >> i think the market's already

priced in a lot of things. the market has priced in a high valuation, it's priced in a lot of the vaccine news. i think the market has also priced in a stimulus deal. but i think the pent-up demand is so big, we will see the market move up in the first especially six months of the year. i think 10% to perhaps even 15% is realistic the first six months. the second six months which is harder to see, i think you will start seeing a revaluation of the stock market, see if the values really are what they should be after, say, six months -- david: john, john, the opening bell is about to sound. i just want to get your idea about tax avoidance plans. if biden ends up raising taxes in this country, i imagine a lot of people are trying to get ahead of that, already thinking of ways of avoiding higher taxes. >> yeah, i think so. i think you will see some selling going into the year. i think it's going to be good for the market. i think people are going to cash out and get some of the capital gains in. the biggest thing for the market, as you already talked about, is the republicans keep control of the senate.

the market likes when there's a balance of power. david: john, stay with us. the opening bell is about to begin. i think, yeah, we see it happening now. there it goes. right on track. it looks like there's a slight pull-back from where the futures were just before the opening bell. we are down -- we are up about 70 points right now. i think we are going to see a lot more green on the screen -- yep. little bit of red on the screen but not terribly right now. the dow jones industrials up about 70 points. a modest way to end the week but again, you think of the spectacular month that we have had, and you have to factor that into the situation, as we heard about from john, this may continue for another six months into the new year. by the way, the nasdaq looks like it's on track for an all-time high. can we get the nasdaq up on the screen? there it is. it's up about half a percentage point right now. it is just booming. the tech stocks are still going strong. lot of people said they were

overbought but it appears there is still some buying going on. s&p is up about .33% right now, up 10 points to 3,640. we are also showing you the vaccine makers, if we can get them online. all but astrazeneca as we mentioned, there are a lot of problems with astrazeneca right now. talk about a hack from north korea which is about the most exotic bad news we have had from astrazeneca, but other questions about their trial, whether they are going to have to go back and explain some things like why a half dose seemed to be more effective than a full dose of the vaccine, the age groups that were used to test the vaccine. they may have to do some fine-tuning on all the things and of course, their competitors are doing quite well, particularly moderna right now and novavax. both up over 5%. package delivery stocks, can we see some of those as -- well, these are the retailers. it is black friday, of course. here is package delivery. ups down a touch but both fed ex

and amazon are doing quite well today right now, as the markets begin to open. those might change. ups is just down a little bit. salesforce, by the way, is in talks to buy workplace messaging service slack. susan, what's the latest on this? susan: look, a deal could be announced as soon as next week according to the "wall street journal." salesforce and slack are reportedly in advanced talks. we did see slack jump somewhat by 37% during the wednesday session when the news broke. are we adding to that today? not really. some profit taking. sales force was sold off, so bit of recovery there. wall street has been disappointed with slack's performance during the pandemic which should have been the time for slack to shine, especially when people are being stuck at home working remotely. but it hasn't done as well as zoom which is a global phenomenon now, going from 10 million daily meeting participants to 300 million and microsoft's slack competitor called teams, went from 32 million daily users in march to

now 115 million last month. slack stopped updating its daily active numbers. last year they said they hit 12 million and not a lot of people say that's gone up a lot from there. so underperformance. we have seen slack rally 80% this year but only worth $16 billion, whereas zoom is worth $130 billion. i think slack probably sees the writing on the wall. they are concerned they are going to be eaten up by larger competitors so might as well get a good deal out of it while you can. david: absolutely. i remember when reed hastings, the founder of netflix, said about meetings through zoom as opposed to personal meetings, he said there is no comparison. even though he's benefited from the lockdowns in terms of people watching netflix, he says there's nothing better than people being in the same room and having personal meetings. susan: of course. david: you know there's some truth to it. tesla, there's some interesting news from tesla. elon musk says the company's semi-trucks are going to be able to go up to 620 miles on a

single charge. susan, i think this is game changing because this represents a full day of travel by truckers. that's significant. susan: think of as much as 1,000 kilometers, roughly around 700, 800 miles. this is thanks to tesla's new battery technology, according to elon musk. now, tesla is already taking orders on their trucks with advertised ranges of approximately 300 to 500 miles. but musk says the next generation battery technology that he revealed at tesla's battery day in september has a higher energy density and that should increase the range. you have to take that with a grain of salt, of course. he tries to oversell sometimes, 500,000 delivery -- david: you think? susan: advanced battery tech has already increased the mileage to model ss that could go up to 415 miles traveling on one single charge. 600 miles, not exactly

unrealistic, i think, because that would represent, what, 20% increase in improvement from current levels. but dw we do have tesla down today -- it was, now it's up. it was down in the premarket after the transport agency this morning said they opened an investigation into around 115,000 tesla cars because of front suspension safety issues. we are talking about the 2015 to 2017 model ss, 2016-2017 model xs and this is after receiving 43 complaints, they say, of right and front and left suspension -- that's important, right? that could cause accidents and you don't want that. so safety first. david: i have talked to truckers, i have talked to people that own trucks and they say if we can go a full day's travel on one charge, we will switch to electric. that's what they say. we will see if it happens. susan: maybe self-driving, too. david: we will see if elon musk can deliver. come back in, john. i want to ask you about your stock picks coming up. what do you like?

>> mine is just opposite of tesla. general motors. david: interesting. >> it's been a terrible company, it's been a terrible stock. the one difference now is they are getting into the ev market and they are buying their way into it. the one thing elon musk had trouble with was manufacturing. that's the old school stuff. that's what general motors has been so good at. i think we see a couple trends that benefit general motors. most of their car sales come outside of north america. we will have a weaker dollar in 2021 and most likely slow global recovery. more importantly, under a biden administration, looks like we will see 500,000ev, electric vehicle charging stations built all around the country. before this, elon musk was pretty much doing it by himself. i think that benefits general motors, who is trading at an eight forward multiple compared to tesla which is trading 147, 18 times higher. i think tesla is probably a little unrealistic. it obviously deserves a lot more than general motors but not

quite that much. david: you know, the big hitch in all this is whether or not our power grids can be upgraded to take all the new demand from these electric vehicles. >> 100% agree. that's the one thing we need to do as far as remote power. we need also more power. you talk about taking dc lines from remote areas, if you are going to use renewable energy from solar and wind areas, to get those into the grid but also, we will need more power for all these electric vehicles which certainly seem to be coming. david: they're not going to be able to ban fracking while they need that new power. that will continue on into the next administration. john, great to see you. happy thanksgiving to you and your family, huh? >> always great talking with you, david. you're the best. happy thanksgiving to you. david: take care. thanksgiving goes dark in southern california as edison cuts power in an effort to stop the spread of wildfires. add this to all the draconian lockdowns. how could anybody still live in california? well, you can't beat the weather. that's true. staying in california, is the pandemic changing hollywood

for good? will it ever go back to producing movies for theaters? we will be asking john schneider. he has a new movie out today. how much would you pay for this light saber from "star wars"? how about a bomber jacket from "top gun"? we have those items on the show and a lot more. more "varney & company" after this. ♪ i took out this personal loan with sofi and it significantly helped me lower the amount of interest i was paying. sofi helped me pay off $23,000 of credit card debt.

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david: disney is planning more layoffs as the pandemic drags on. how many? susan: another 32,000 in the first half of next year. that does include, by the way, the 28,000 layoffs that the company announced in september. still, that's a huge number and right at the holidays, too. that's tough. meantime, you have 30,000 --

37,000 staff have already been furloughed, not laid off, but furloughed. that's tough for them. they're not getting a regular paycheck and the majority of layoffs will be, not surprisingly, at the parks, experiences and products division. disney has lost around $2.4 billion in just the last three months that they just counted and this is just for three months. the stock has been also dragged by its parks division and that's despite the fact disney would actually be doing very well with a blowout disney plus first year out. you know, subscriber numbers, more than 73 million in less than 12 months at last count. don't forget, we have netflix at 190 million, that took them 12 years to accumulate. disney plus is doing fantastic. david: know what i love about the market? it shows you can have really severe competitors both thriving and doing well at the same time. susan, thank you very much. let's bring in shana sissel. you just heard susan's reports of disney layoffs. i'm wondering how quickly disney can come back from these layoffs and slowdowns.

>> it depends on the vaccine, how quickly the vaccine gets out and how quickly we can get back to normal. there will likely be a lag and people will still be reluctant to go to parks and crowded areas, but i don't think it's a long-term trend. we human beings have very short memories when it comes to this kind of thing. once we start to return to no m normalcy i think disney and the parks will see a huge snapback. i personally had to cancel a trip to disney in the spring. i'm hoping to go in spring of 2021, all things considered. david: you just think of the pent-up demand. we talk about pent-up demand for grownups. you see these kids, i hear, i live in an apartment building and there are kids upstairs and in the side, you hear them bouncing off the walls, literally. parents are dying to get them into a place like disney. there is huge pent-up demand for parents to get their kids into a place like that and out of the house. >> absolutely true. i have a 5-year-old. i totally can relate to that feeling, trying to get him

outside, but it's getting colder, the winter months are getting more difficult, so as soon as we can start to do stuff, i will most certainly be going out there and spending. pent-up demand is a big part of this story as you think about the recovery from this pandemic. if you look throughout history, there have been smaller incidents like this when we had the hong kong flu and we had the asian flu back in the '60s, i think, and the '50s. you did see a huge spike in gdp following those pandemics, as a result of pent-up demand. we have a very high savings right right now. people have money to spend. they just feel financially insecure. once we start to feel more secure again, they will spend that money. americans are not known for their savings rate. we are almost double what we were in december 2019. that's down from a high from the spring where we were close to 20% savings. david: that money is burning a hole in a lot -- millions of american pockets right now.

they are just dying to find a place for it other than holiday sales. we wish the best for holiday sales, by the way. thank you. great to see you. appreciate you coming here. check amazon. it's giving out bonuses? susan: front line staff will get a one-time bonus for the holidays. isn't that nice? full-time staff will receive $300. part-time workers will get $150. amazon said it will spend more than $500 million in these one-time holiday payments. that's half a billion dollars in cost for them. but they have also been on a hiring spree since we know online shopping has boomed, especially for amazon during this year, during covid times. they are looking and they have hired close to 100,000 just for seasonal work. in the past ten months, they have hired 427,000 plus employees around the world. that means they have more than 1.2 million on staff around the world. don't forget, they are paying members here and staff members here in the u.s. $15 as minimum wages so amazon is actually

doling out some of the lucrative business they have been doing so far this year -- david: we just talked about pockets, though. nobody's pockets are deeper than jeff bezos's. all he has to do is take less than 1%, you are supposed to tithe your income. if he took less than 1%, he could make up out of his own pocket. susan: you are talking about redistribution, david? david: i'm talking about a man giving back. it's just that simple. a man giving back. susan, thank you very much. black friday looks a whole lot different this year but brick and mortar stores are doing their best to get wary shoppers inside their doors. jeff flock joining us live from the magnificent mile in chicago. of course, jeff, the magnificent mile ain't what it used to be, is it? reporter: not this year, i'll tell you. i have been here a lot of times, a lot of days after thanksgiving, and this one is pretty stuff. still boards on some of the shops you see on michigan avenue. we are here at the mecca, the

temple of shopping, the water tower shopping. i'm going to put my mask on as i go inside. the water tower shopping center. this, you know, i will say typically it gets a late start on black friday, on michigan avenue, but not a lot of activity. they opened at 7:00 and they are ready, but as we walk up the escalator, maybe you see not a ton of folks here. this is a double-barreled problem in chicago because not only do we have the covid issues but we have also got the issues around the looting and rioting that took place right here on the magnificent mile. shut down a lot of the shops. people broken into and that sort of thing. so you know, they are facing a tough year. i just talked to the mall manager who said he thinks later in the day, they will start to see some traffic, but right now as we come up the escalator, maybe you see not a whole lot of people. i hear the christmas music but i don't hear the christmas spirit

right now. david: that is more than a slowdown. it is almost totally deserted. i mean, that's an extraordinary -- i was told about your report coming up that there's going to be a slowdown. this is a total desertion by shoppers. reporter: as i said, this is the mecca. things are not -- lot of things are not even open. as you look up here, can you see? this is a ton of shops. david: very discouraging. we wish them the best. send your holiday wishes and spirits to the folks in chicago. jeff, thank you very much. now this. stars of the detroit lions and houston texans kneeling during yesterday's national anthem. coming up, former nfl star turned congressman elect burgess owens weighing in on that. the denver mayor getting called out for urging people to stay home for the holidays, but him traveling across country to see his family. we are on top of the democrat hypocrisies. ♪

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david: take a look at your screen now. what you are looking at is climbr, the machine that is

bringing in a lot of money to a lot of people including ceo avram almeckis. everyone is looking to get out of their home right now. just to play devil's advocate, you are expanding just when consumers are looking beyond the lockdowns. how do you respond? >> yeah. so great question. we offer both at-home connected device and something as a tool for businesses. we have a product for both markets. i feel we are well-positioned. david: do you have -- i live in manhattan. i know people think of us as crazy creatures that would coop ourselves up in these little ratholes we live in, but do you have anything that can fold up or is it really designed for bigger spaces, for a house? >> it really fits anywhere. it's one of the smallest footprints of any piece of fitness equipment you can have. it's about three square feet and

goes about seven and a half feet tall. it really utilizes a super-small footprint. david: the future of fitness at home beyond the pandemic, do you see it expanding? because there is competition out there. >> yeah. there's a tremendous a optionality in connected fitness devices for at home. i think it was already growing exponentially pre-pandemic. i think it certainly caused a significant spike but i think having the opportunity to work out at home is something that will be here for quite some time. david: well, we wish you the very best. clmbr is the product. i hope it's successful. thank you very much. come back again and see us. in the next hour, by the way, we will be joined by one of those competitors. we still have a big show ahead. tammy bruce, joe concha, burgess owens, new in congress, and a

supreme court ruling against new york governor andrew cuomo's order restricting religious gatherings. you know tammy bruce has a lot to say about this. don't want to miss that. coming up next. ♪

♪ david: nobody could -- i have seen people try to imitate james brown's moves and it looks silly. it just doesn't make it. we love those james brown songs. we hope you're feeling good this friday. i'm david asman in for stuart varney. here's who is on the show this hour. this is a jam-packed hour. look at this. tammy bruce, media guy joe concha talking about all the softball questions to biden, and then lou fantine with echelon fitness. in our next hour, it's just as good. utah congressman-elect burgess owens, country music star and

actor john schneider, plus andy wiederhorn. let's take a look at the market. modest gain for the market. we were clearly at earlier rates going to be above 30,000 for the day on the dow jones industrial average if they had maintained their numbers. it's come down a little bit. but we are still all nicely in the green. look at nasdaq, by the way. i believe we are in record territory right now. yes, we are. 12,200 on the plus side for the nasdaq. here are the vaccine makers. they are on high alert this morning after reports that north korea hackers tried to break into astrazeneca's system. president trump was hopeful nonetheless on the vaccine front. here's what he said about it last night. roll tape. >> we are rounding the curve. the vaccines are being delivered, literally it will start next week or the week after and it will hit the front line workers and seniors and

doctors, nurses. lot of people going to start and we are going very quickly. david: a closer look at astrazeneca. they say their vaccine trial results could be clouded by a manufacturing error. remember how they the more success with half doses and full doses? they are trying to figure out more about that. here's what doc marc siegel said about it earlier. roll tape. >> they've had some quirks along the way including back in september when they had someone in the trial get sick and they didn't reveal it right away. now there's a situation where the first dose of the vaccine to 2800 volunteers, half the dose was given. that was the error. they didn't announce that as an error right away. their second dose, they got the full dose. david: of course, if there's any more breaking news on the vaccine front, we will bring that to you immediately. now this. the supreme court striking down new york governor cuomo's order restricting the size of religious gatherings. justice gorsuch, i think, had

the best word on it all. he blasted the governor, writing quote, it is time -- past time, actually, to make plain that while the pandemic poses many grave challenges, there is no world in which the constitution tolerates color-coded executive edicts that reopen liquor stores and bike shops but shutter churches and synagogues and mosques. come on in, tammy bruce, fox news contributor. i think this is a huge win for the first amendment. don't you? >> well, absolutely. that was their argument, was that you can't -- not only for the first amendment, of course, that you can gather when it comes to religious framework, but also the strange allowances that it's dangerous to go into a church or synagogue or mosque, but you can definitely go into a liquor store. as though the virus is going to not get you in there. so this is just common sense but

that's, of course, the beauty of the constitution. the value of the supreme court. but of course, as we have learned, it takes time to get things to the supreme court. it also takes money. so the supreme court can't just intervene when they see something happening in society. so it's good news not just for new york, but the message that it sends to other states as well. david: absolutely. again, there's a reason why the first clause of the first amendment deals with religious freedom. our founders thought that was more important than any other of the first amendment freedoms. next case, president trump calling out social media companies, their editorial biases, and section 230 which gives social media giants a lot of protection from legal action in exchange for them not making editorial decisions. the president tweeted quote, for purposes of national security section 230 must be immediately terminated. what do you make of this? >> well, that's good news. this is what people have been arguing. 230 is supposed to protect a platform that has nothing to do

with what's being said, like the phone company. they don't change what you're able to say on the phone to someone else, but they're not -- david: good analogy. >> clearly there is massive interference on social media. what 230 does, by removing that, would make them liable for the things they do put up and what they don't put up. that of course could also create more problems when it comes to what can be said on as they even clamp down more but it does make them liable. so the issue becomes is there something new. should congress do something new, specifically about the uniqueness of social media. that's what i would argue. because of their impact as we have seen on the election and in general when it comes to the public discourse. david: they have certainly violated the intention of section 230, which is that they are completely open platform, it's a neutral platform, where there's no editorial comment. they are censoring. they are going beyond editorial

comment. they are censoring. >> that's right. david, it would be like if the phone company realized you were talking about donald trump to your friend and you are both discussing going to the next rally, and they cut the phone off. david: that's right. >> that would be the same as with the phone company. that's what is meant. they pretend they have this forum to protect themselves. however it is addressed constitutionally and through legislation, it cannot be what it is now because they have effective, some have argued, interfered with the process of the election when it comes to communication and the ability of what people were able to find out. david: it's the most unfair political process i have ever seen. you add what happened to the mainstream media, to social media companies, and it's just the most unfair process i have ever seen. tammy bruce, thank you very much. now let's get back to your money. a quick check of the markets. all the indices are up, although they have come down a little bit, but not so the nasdaq.

the nasdaq is getting close to a 1% gain. now, take a look at gold. it is slipping on vaccine optimism a little bit and also, on what's happening with the dollar, although there's not necessarily the same kind of connection with the dollar that there has been in the past. let's talk about that with jonathan hoenig. jonathan, there has been kind of a disconnect. it used to be that when the dollar went down, gold went up. now they are both going down. what's happening? >> well, that's today, david. but look over the last year. the dollar is down year to date by about 5% and gold is up by about 5% year to date. so gold has proven its mettle, yes, i had to say it. david: boo, jonathan! >> as a store of value. over the longer term, that's a trade we have seen, a trend we actually expect will continue to proceed in 2021. weaker dollar benefits hard assets like gold, and it's been a rocky ride. gold is down about 10% from its

highs but still up 20% year to date. it's also benefiting bitcoin. we think of bitcoin as this esoteric asset. it's up 120% year to date. again, on that idea of a protection of value from a falling dollar. david: i want to talk more about bitcoin but there's a very big difference between bitcoin and gold. you buy gold, i just bought gold at a higher price than it's trading at right now. but i don't mind because i'm going to hold it for like ten years or i may even pass it on to my kids when i die. bitcoin is one of those things that trades like this. and that's the big difference. what's the future of bitcoin now? are you concerned about 11% drop there? >> well, i think you're right certainly when it comes to any investment, to look for the long term. not just because that's something financial advisers say, but that's where the money's made. i look back to that period of the early 2000s, gold went up in 2001, 2002, it went up almost every year for over a decade. that's where the real money is

made, whether it's in bitcoin or gold or anything else, in those big moves. when it comes to any asset where people always get it wrong, it isn't they buy it and it goes down but they make an all or none decision, especially when it's emotional like gold. just don't make it an all or none bet. david: for people who haven't guessed it, you are a huge libertarian. the biggest libertarian i have ever known. consistently libertarian. you must be delighted at the rise of cryptocurrencies, not necessarily today, but in general, because of the power that it takes away from central banks. >> well, they still have the power and ultimately, it's not a cryptocurrency that's going to change the world. it's the right ideas. it's understanding that the proper role of government is to protect our rights, not print currency. interesting stat, you know, 20% of all u.s. dollars have been printed this year in 2020. that's going -- that's a stat

from zero hedge. that's going to have an effect on the market. i think that's why it's a good opportunity to stay nimble even as all the major indices hit record highs. david: you used to send out christmas presents to your friends, including me, thank you for that, of these $100 trillion notes that were printed out by zimbabwe when they got into hyperinflation. are you worried about hyperinflation hitting here? >> look, we haven't seen it yet but again, this trend we have seen, persistent trend, has been a weaker u.s. dollar, it's benefiting things like foreign stocks, emerging market stocks. a lot of those hard assets. the more dollars we print, the weaker the dollar seems to become. that's something that can only be affected in washington, not wall street. that's where our attention should be right now. david: next time i'm going to bring one of those $100 trillion notes from zimbabwe. jonathan hoenig, great to see you. happy holidays to you, my friend. speaking of cryptocurrencies, facebook gearing up to launch its libra

currency. been talking about it for a long time. susan: maybe as early as january, according to the "financial times" but only on a limited scale. think of this as just a single digital coin for now. it will be backed by the u.s. dollar only which is a start at least. facebook is still looking for the go ahead from swiss authorities, where the libra association is based, to issue a series of coins that's going to be backed by individual country currencies as well as coins itself, as well as the libra coin itself. so there has been a lot of government skepticism and concern against this project since we know central banks and regulators around the world including right here in washington, d.c. are concerned that the facebook currency will cause instability and undermine their oversight in the global financial system. david: their huge power. it's a power play. susan: but look, today we have bitcoin trading at $16,000 so there's been a little bit of this froth taken out of the bitcoin and cryptocurrency bonanza we have seen so far this year, but i would say a lot of -- some would say the rally

in bitcoin has been a result of facebook getting into cryptocurrency itself as well. more adoption going more mainstream. david: thank you very much. and a couple of individual stocks to show you. let's start with salesforce. they are about flat right now. they are reportedly in advanced talks to buy slack which was down big-time but it's about flat now as well. the stocks are trading flat on the news. we will see whether they move at all during the day. here are some of the lockdown winners we are following. shopify, zoom, teledoc and twilio? susan: yes. so if you can't find your driver on uber, they provide the call for you on the app. david: that's interesting. maybe more help than you need. thank you very much. still to come on a packed show, utah congressman-elect burgess owens. the state relaxed restrictions, the state of utah, that is, and social gatherings ahead of thanksgiving. very different from what happened here in new york and likely in the state that you live in. we are going to ask him how those relaxations went over the

holiday. meanwhile, denver mayor adding to the long list of democrat lawmakers caught breaking their own rules. they demand rules for everybody except themselves, just hours after he urged people not to travel this thanksgiving, he was busted boarding a flight to mississippi to see his family. you will hear his extensive apology. plus, president trump planning to travel to georgia to support republican senate candidates ahead of those key runoff elections in january. we've got that story straight ahead. ♪ businesses today are looking to tomorrow.

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david: markets are up on this friday. it's been a terrific month, the month of november, and it looks like we're closing out the month with a very nice gain. look at the nasdaq, it's up almost a full percentage point. keeps going higher and higher. that is record territory. now, here is delta. they are going to be launching a quarantine-free flight between atlanta and rome. alitalia will be doing the same. those flights will be starting in december. that's a great sign of seeing the light at the end of the tunnel. also, we are showing amazon now. they are dishing out an extra $500 million in bonuses for their front line workers. susan just told us about that. it works out to about $300 per employee. good for them. adobe just releasing some big news for consumer spending. susan, can you tell us about that? susan: yeah, big numbers here. looks like thanksgiving online sales hit a record of $5.1 billion which is up close to 22% from last year, according to the adobe analysis and from what they see, it's going to be a

record-breaking holiday shopping period. they are already expecting an increase of up to 5% from last year, up to $750 billion at least in total spending for the holidays but if you look at these thanksgiving day online sales numbers, it might be a lot more than that. already at a record pace. david: foxcon may be moving its production to vietnam. what's that about? susan: for mac books and ipads, according to m blbloomberg news reporting, they will invest $270 million into vietnam and the factories and production lines will come online first half of 2021. so the reason for this shift, not surprising. they are trying to minimize the risks from the u.s./china trade war. during the trump presidency, many manufacturers have been shifting their production out of china to low-cost countries like vietnam, mexico and india to avoid first of all, the tariffs and being caught up in the u.s./china trade war. apple partners have also ramped up iphone production in india

and companies that assemble airpods have also reportedly been adding assembly lines in vietnam as well. apple has not publicly commented on this, but they usually don't comment on market rumors but it seems to make sense. david: makes a lot of sense. susan, thank you very much. now this. president trump is planning to head to georgia to stump for senators kelly loeffler and david perdue ahead of their runoff elections. come in, janelle king. great to see you. trump always makes a big difference in these public gatherings, a huge difference. what should he be telling voters there? you are plugged into what voter concerns are. what do you want to hear from the president? >> you know, what i want to hear and what i believe he's going to tell everyone is that this is bigger than everything else that we are facing right now. the reason why is because this is in reference to how important the senate is. despite who the president will be, it's important to know that keeping control of the senate is what is most important, because

this determines whether or not we have two democratic majority, house and senate, and this also determines the level of information and policies that can get across that will then benefit the entire american people so check the balance. david: what about the confidence that voters in georgia have that their votes will be counted properly? are those questions still bothering voters and might that keep some people away from the polls? >> well, you know what, i do know that that definitely is a question that is bothering voters. however, i personally am encouraging all republicans, libertarians, anyone who has conservative leaning, anyone who believes in having a balance, to go to the polls and vote for these republican senators, senator loeffler and senator perdue. the reason why, again, it goes back to the importance that the senate holds right now and if you are just one person who voted for the president and just, you know, i'm just supporting him and not

necessarily republican party, this is how you support the president. david: i tell you, coming from the president himself, when he speaks to the people, that message will really hit home. let me just ask you one more question about what georgia is like right now. we heard all of these activists trying to encourage people to move into georgia temporarily so that they can register and vote and do other sort of things. i mean, what are you seeing as far as that goes? what are you seeing in terms of the air waves and all the ads that are coming in? explain it to us. >> well, we have already made it very clear that moving in just to vote in this race is a felony and you will be charged with a felony. that's something that i'm not encouraging. i know the democratic party shouldn't be encouraging anything like that. what i'm concerned about is the number of money that's coming in from the democratic party. they keep trying to shame and wealth shade senator loeffler and senator perdue but a majority of their donations, over 80% of their donations have came from people in the area, in georgia, and from voters.

that means they are beholden to the voter whereas the democratic party, most of theirs, over 80% of theirs, their donations, have came from outside of the state of georgia which means you are beholden to the blm movement, you are beholden to the actors, entertainers and everyone else before you even reach the donor -- sorry, the voter. i think it's important to understand that where these two candidates are successful, that actually assists with their ability to turn down donations from people who come with lists of demands that do not benefit the american people. david: you know they are all about projection. they are all about blaming other people for what they do and that includes their complaints about big money, which they are more beholden to than any republican. great to see you. thank you very much. best of luck to you. and your state, for the sake of the whole country. appreciate it. >> thank you for having me. david: absolutely. back to amazon now. thousands of people are protesting its facilities, what's this about? susan: they are calling it make

amazon pay day. we have protests taking place in 15 countries from bangladesh to call center workers in the philippines to warehouse workers right here in the u.s., europe and also mexico. a list of demands here includes the raising of worker pay, yes, putting an end to union buffing and taking action on climate change. workers in germany have already dropped their tools, according to reports, and government workers in bangladesh have been protesting outside a supplier. in the uk, meantime, you have a trade union calling for a parliamentary inquiry into what they call amazon's dehumanizing work conditions. amazon for itself did announce they will be offering a $150 holiday bonus to part-time workers, and it goes up to $300 for full-time workers. they are going to spend around half a billion dollars for this payout. amazon has also been making and raking in record profits this year as more people shop online during covid and in order to keep up with the demand, amazon has been on a hiring spree. they added over 427,000 workers

in the past ten months and they have a global work force now that numbers 1.2 million. so amazon's defense in this case will be saying we are hiring, providing more jobs for people, and we are actually even paying them more and bonuses and a $15 minimum wage in the u.s. david: what's incredible, there are aocs and people who prevent folks from being hired by amazon, all over the world there are activists like this. susan, thank you very much. much of california was in the dark for thanksgiving. once again, the state had to switch off power, this time over risks of wildfires. but here's the outrage. are californians really going to continue putting up with all of this? we will get into it in our next hour. first, it's all softball questions for joe biden. what kind of ice cream do you like, what color is your tie. when is the press going to actually ask him a semi-tough question? not tough question, semi-tough question. i will put that to joe concha, coming next.

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david: it is a good friday morning right now. we see, look at this, nasdaq is

now over 1% gain. we are in record territory for nasdaq. of course, you never know how it's going to end the day. right now, it is up over 1%. modest gains on the dow and the s&p in comparison to that, although still pretty respectable gains. 61 up on the dow, 62, 12 up on the s&p but over 1% gain on the nasdaq. just terrific. joe biden hit time and again with softball questions like these. watch. >> what do you see as the biggest threat to your transition right now given president trump's unprecedented attempt to obstruct and delay a smooth transfer of power? >> what do you say to americans, especially immigrant americans, who came to the united states looking for political stability and seeing all the things that the president's doing? >> you announced some key members of your cabinet today, a very experienced group, a very diverse group, clearly you are trying to send a message. can you articulate what that

message is? david: wow. fox news contributor joe concha joining us now. you know, joe, this is even worse than the kid glove treatment of president obama. i didn't think it would ever get any worse than that. this is worse. i have to say this. i know it's controversial, but i wonder how much of that is because the reporters know that right now, joe is not capable of answering very complex questions. he's fumbled them in the past. oops. we have problems with joe's mic. i'm sorry. we will try to -- >> let's do that again. david: go ahead. we now hear you. >> sorry about that. yeah, look, here you have joe biden, all right, the next leader of the free world, if all these lawsuits and legal challenges from the president don't work out. he needs a staffer, a staffer, to call on reporters and that

staffer is looking at a pre-determined list of reporters that they believe will not take joe biden out of his safe space. in other words, won't challenge him in any way, shape or form. i have never seen a candidate before run for the presidency by actually pleading the fifth throughout his entire campaign and that's exactly what we witnessed here. so look, two things are going on here. a, these journalists obviously were vehemently anti-trump and advocates of a biden campaign. also, there is this mentality within the bubble that if you challenge joe biden, or ask him a tough question, yell a question at him, you run the risk in this business of being ostracized from the hive. in other words, if you don't conform you get canceled. so there is a certain amount of peer pressure, i think, to toe the line, yell questions at president trump, kid gloves for joe biden. softball, actually. i have a 5-year-old. it's more like tee ball. david: you just showed your age in using the phrase the hive to

describe the group of people. i remember that phrase from the 1980s, by the way. i do show my age. i want to switch to -- >> when you were a teenager? that's weird. david: i love you. that's why we have you on. denver's mayor, i'm sure you saw this story, michael hancock is his name, he was busted because he gave orders for people to stay at home for thanksgiving while he got on a plane and went to mississippi to be with his family. he did write an apology. he writes i made my decision quote as a husband and a father and for those who are angry and disappointed i humbly ask you to forgive decisions that are more of my heart and not my head. oh, isn't that sweet. i have no sympathy for this guy because he still went to mississippi. he didn't come back. he forces people that he's supposed to be governing to do what he doesn't do. >> yeah. david, i just got back from dunkin donuts, not for me, of course. i bring the kids when i have a day off and we get some

doughnuts. they have a now serving sign on there. that's a lot like what we are seeing with the democratic party in terms of leadership. now serving your next hypocrite. it started, for instance, with governor newsom. it didn't start but most recently, governor newsom, as you know, had dinner in napa inside with 12 people, not wearing masks, from six different households. you have nancy pelosi going to indoor salon in san francisco. when you aren't supposed to be. i could go on and on. david: it's just amazing. i really think it shows the authoritarian underbelly of these politicians who they really at heart are authoritarians and this pandemic is giving them a chance to exercise that very dangerous tendency they have. last one, joe. president trump taking aim at section 230, saying it should be terminated. of course, this is the social media companies that talk about unfairness. they are supposed to provide an open platform without editorial comment. they are editorializing all over the place right now.

>> editorializing? outright banning. even george orwell looks at what's going on and says that's even too far for me. section 230 is quite a deal, right, where you have social media companies that can get protection, liability protection from what their users post, yet they can control what you see and what you don't see. this is actually something that republicans and democrats pretty much agree on, that section 230 either needs to be eliminated or at least reformed. i would imagine in 2021, you are going to see those reforms happen if democrats, you take them at their word that they also want this to happen. david: wait a minute. you take them at their word. i do not take them at -- there's a lot of silicon valley money flowing into democrat coffers right now. i suspect that will win in the long run. let's hope president trump is able to pull this one off but it's going to be a tough haul. joe concha, great to see you, my friend. thank you very much. now, across the pond to england. law makers there want to crack down on our tech titans.

susan: again. david: this is not necessarily a good thing. i mean, i agree they should get rid of section 230 but higher taxes is not the way to do it. susan: okay. it's not necessarily higher taxes. it could include financial penalties, we don't know what type of authority that this new unit might have, but look, the uk government is planning to create a new enforcement agency, that is focused on big tech. it's going to be called a digital markets unit and it will enforce a new code to govern, they say, the behavior of platforms that currently dominate the market such as google and facebook, naming those specific companies, and the unit will be under the oversight of the uk's competition and markets authority which has been asking for more powers in order to rein in big tech, especially big digital ad platforms. now, there are concerns over how tech giants like google, facebook, use digital advertising that might first of all, harm consumers, small businesses, and news publishers. more oversight will probably force google and facebook and the like to be what they say more transparent, when it comes

to how they provide these services and how they use consumer data, especially when it comes to targeted ads. but they haven't been specific in terms of what type of punishment this new unit can levy but you can imagine that financial terms will probably be part of it. david: you know, they have all these complicated explanations as to why -- it's very simple. they have the money. the social media companies -- [ speaking simultaneously ] susan: since they have so much in the bank anyway, there's probably more threat to break up. it will have more teeth. david: they will pay it off but it's simple. that's why regulators are going after them. they see all the money and want a piece of it that they're not getting. it's that simple. thank you very much. still to come on the show, we have actor and country music star john schneider. his new film "stand on it" is out today but you have to go to a drive-in to see it. first i talk to the ceo of echelon fitness, one of peloton's biggest rivals. are they planning to go public? i will be asking that question right after this. ♪

david: once again, checking the markets, we have to start at the bottom because nasdaq just keeps going up. a lot of people have said the tech stocks were overbought. well, not yet, apparently.

it's up over 1%, 1.14% gain on the nasdaq. it's now trading at 12,232. the dow, we should mention, the s&p with modest gains. the most modest among them are the dow. s&p, a broader variety of stocks, is up about .33%. but again, that nasdaq continues to go booming. disney, if we can take a look at that, they are planning to lay off 32,000 workers. the stock is down about .5%. of course, virus concerns continue to take tolls on theme parks and others. again, we will keep notice. it looks like it's down over .5% right now to $148 a share. well, as new covid restrictions ramp up, so are at-home workouts. bring in lou lentine, echelon fitness ceo. you had to change your name, first of all, of your exercise bike from prime bike after amazon disavowed it. what's the new name for the

bike? >> it's called active with amazon. we do have a lot of product on prime at amazon, so you can pick up your bikes, rowers, tread mills with them today actually and get them in a couple days. david: good news. lot of people are asking me if you ever have this guy on, ask him what his plans are to go public. do you have any? >> well, we are going to be announcing next week a major investment from a private equity firm that everybody knows next week, and after that major announcement, investment, we do have some plans. we will share them in the near future. david: okay. but you are clearly looking in that direction. correct? >> there's definitely opportunity and there's room in the marketplace for us to go public. we believe with our success in retail distribution at all the major retailers, walmart, costco, to name a few, best buy, we believe that's going to make a great impact in the market. david: now, we had another

at-home exerciser company on earlier, and i asked him this question. i ask it to you as well. i'm being devil's advocate here, but there are more reopening of gyms. now, they may close down again, god knows, god help us if they do, but as gyms begin to reopen, is that going to cut into your sales? >> i don't think so. i believe people are now setting up rooms in their house for their bikes and different fitness equipment, and you know, they appreciate the convenience of having it at home. i go to a gym once in awhile myself to mix it up a little bit u but i think at-home fitness is here to stay. people love it. it's convenient. you can jump out of bed and jump right on and jump in a class with these live classes we have. we film i think it's over 2500 live classes a month. you are getting that boutique experience right in your home so why leave your home, right? david: what do you do, lou, that peloton does not do?

>> well, what we do is we create a group community. you can get our products from $500 all the way up to $2,000. we are open to the mass market. we want to create an environment that's friendly, that's supportive. you know, we create great classes like they create great classes. they have great instructors, we have great instructors. our instructors are a little more real and our members fall in love with them. that's what you need. you need that bonding between your instructor and yourself so it helps support you to hit your goals and just have fun. we want to have fun. today is actually we are calling it sweats-giving. we are doing classes all day long. corona is sponsoring our classes today. you don't even have to be a member today. come on in, check out echelon, and download the app and again, corona is sponsoring us. david: we've got to run. we are up against a hard break. we wish you the very best.

our marketplace is big, there's room for both of you. good to see you. thank you very much. hey, full ban on dining in l.a. is now in effect. are we going to see the start of a new kind of crackdown like this all over the country? i'm asking andy wiederhorn in our next hour. first, we are taking you live to an outlet mall in new york. have shoppers turned up in person? wait until you see the results after this. ♪ when i was in high school, this was the theater i came to quite often. the support we've had over the last few months has been amazing. it's not just a work environment. everyone here is family. if you are ready to open your heart and your home, check us out. we thought for sure that we were done. and this town said: not today.

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do the aerotrainer super crunch, push ups, aero squat. it inflates in 30 seconds. aerotrainer is tested to support over 500 pounds. lose weight, look great, and be healthy. go to aerotrainer.com. that's a-e-r-o trainer.com. david: black friday of course will look a lot different this year, due to covid restrictions. bring in our own kristina partsinevelos. you are at an outlet mall in new york. there's a lot more foot traffic, i should say, than we saw from jeff flock in chicago, but what are you seeing there? kristina: yeah. well, i with like ould like to i'm standing in front of adidas so there is a line but the vast majority of this outlet is pretty empty. it's been open since 6:00 a.m. the reason you are seeing a lot of people in line, because there is a capacity restriction in a lot of stores. like you mentioned, it's a pandemic. you have the movie theater that's closed here and these blockbuster, doorbuster deals have been going on for days,

even weeks, and the discounts are deeper than ever. this year, according the a survey, the average discount on apparel, shoes, bags, is 22%. that's a little bit better than last year when it was at 16%. although everybody may be enjoying the comfort of their home right now instead of trekking to a mall, we are seeing or the prediction is that sales will actually increase this year, according to the national retail federation. they are saying anywhere between 3% to 5% higher. i spoke to some shoppers and asked them why did they come out instead of just shopping online? listen in. >> it's a tradition. we have done it every year for as long as i can remember. >> because a lot of times you can't try on the sizes and you want to make sure it fits. >> i will continue to come in person because i just like to see the quality of the merchandise. kristina: as you can see, more and more people are shopping online, but there's still some

people that trekked out here today. it's a beautiful day, but people chose to stay home safely. back to you. david: if they can't bring them out with 22% discounts and beautiful weather, it's going to be a tough time for the brick and mortars. kristina, thank you very much. now let's bring in retail expert kristen benz, old friend -- i shouldn't say old friend. friend for a long time. she's as young as ever. let me ask you about black friday trends. what are you seeing? >> well, we are seeing a lot of athleisure in the mix, lot of health and wellness and a lot of very emotional or more personalized gift giving. there's a lot of guilt gifting this season. david: what does that mean? guilt gifting? >> guilt gifting. so because loved ones are estranged this holiday season because of covid and all these lockdowns, people really are trying to overcompensate for the distance. also, kids in home that have been isolated from school and friends, there's this kind of

pent-up demand to overcompensate for that this holiday season. david: because everybody's been locked down and dealing with zoom usually from the waist up, there's a lot of casualness going on. sales, i think it's up 31%, casual cloething, right? >> oh, yeah. they used to call them door pants because you had to put pants on when someone would arrive, someone at the door for dinner. now everyone is just leggings, i used to make this joke leggings are not pants. leggings are definitely pants now, david. david: they have more expensive stuff. they are not cheap anymore, are they? >> no, they are not cheap anymore. take a look at lululemon. i think their average price point is about 80 bucks to get in on that situation. yeah. from the high end to the low end. lots of leggings out there. david: finally, i have been thinking about buying a big tv. is now the time to buy it? >> now is definitely the time to buy it. i just bought one myself. everyone's home, you got to get

the streaming devices ready to go. there's a lot of uncertainty out there right now. everyone is nesting in their home and getting it as comfortable as they possibly can for as long as they have to. david: we are seeing these incredible discounts. i assume they are going for electronic items as well, right? >> oh, absolutely. electronics, anything like that that can fortify your home and make the a more comfortable place for everyone to be there. the deals are out there to be had. the thing that's interesting about this season, walmart has actually done social distancing over time with their deals to keep you out of the store. so pay attention for those online deals. they are really fantastic. david: have a wonderful holiday season. i know you've got a growing family. best to your entire family. wonderful to see you again. thanks for coming in. >> so good to see you, david. happy holidays. david: same to you. same to you. we have a big show coming up. in the next hour we have utah congressman-elect and former nfl star burgess owens. he is here to talk about kneeling that's still going on at football games. and of course, what's happening

with the new congress. and country music star and actor john schneider, what's happening in hollywood? can you survive as a conservative in hollywood? plus, fat brands president andy wiederhorn. we will tell you how to pick up movie memoribilia including jack nicholson's fedora from his role as the joker in "batman." we will tell you about it right after this. ♪ this is decision tech. find a stock based 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. (groans) hmph... (food grunting menacingly)

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>> i do believe that we will see the close today higher. >> bitcoin or gold, i think they're both strong trends right now. just don't make it an all or none bet as we move into 2021. >> i think the pent-up demand is so big that we're going to see the market move up especially in the first six months of the year. >> public health is not just about covid, it's also about the damage when you overreact you do. >> e-commerce is booming, i believe we'll do about $10 billion of sales every day during this period online. we need christmas now, it's happening. ♪ it's the most wonderful time of the year. ♪ with the kids jingle belling

and everyone selling -- david: it's a little corny, but it's okay. this is the time of year when you can be corny and get away with it. all those christmas move i i haves -- >> i i feel like we're getting in a lot of holiday songs this morning. david david we are. and, again, it's one of those times when you can afford to be a little mushy in terms of your emotions and so forth. it's okay -- [laughter] the holiday season, and we had some very positive newsed today. i'm david asman in for stuart varney on this black friday. the markets are very optimistic right now. look at the middle of the screen there, the middle of those indexes. the nasdaq is now up well over 1% up to 12,228, that is a record. the dow jones has a respectable heed, a gain of 60 points on the dow, and the s&p is up a little more percentage wise, now trading at 3,643 on the s&p 500. well, dallas fed president had a little pessimism when he said he

is worried about a possible double-dip recession, but could a strong holiday shopping season prevent that from happening? heather zumarraga, great to see you. thanks for being here. >> thanks, david, good to see you. david: i was a little surprised to hear the fed president say that. he just said he's concerned about the possibility of one. if these holiday sales are strong, is it pretty much to say that's off the table? >> right. i think retail sales are very meaningful. a recession is always possible especially if we don't have distribution and manufacturing of the successful three different vaccines coming out. i think e that's the reason for the stock market's tremendous run this month. the best in all indices pretty much aa cross the board since the early '80s. so it's just been a truly fantastic rally. and as we continue to reopen the economy, i think you see that rotation out of the fang names, facebook, amazon, netflix and

google, and into airlines. look at oil, look at the energy sector this month. it's doing very well as well as cruise lines and hotels. the travel and leisure, i think that rotation into those names will continue. they're still obliterated since the coronavirus began in march. david: absolutely. and with all these vaccines coming in, they're going to turn around a. weave seen really huge -- we've seen really huge gains, i'm wondering if that could pull from new kind of santa claus rally in december. >> yeah, i do think as long as you see some of this overration into some of the overvalued names, there is room to run because there's a tremendous amount of cash on the sidelines x. even if we do get in, let's say, 10-15% pullback between now and year end, because of all this cash on the sidelines people are waiting for a dip to

buy in. so i think that'll be short lived, and as long as the vaccine progresses and look at joe biden's picks, so far in general not as far left and progressive as republicans have feared. that bodes very well for the stock market too. david: all right. i want to get a little personal, healther. we don't have much time, but with you and your family moved away from the northeast down to florida at the perfect time, before the pandemic, before the rioting in the streets. is there any room left in florida? >> oh, my god, yeah. come on down. there's always room for you. we'll make room for you, david. [laughter] david: but seriously, i'm just wondererring when the state is going to run out of space. >> i've got to tell you, rents are sky high, through the roof. it's very difficult to find an affordable and nice home here, so real estate prices are speaking for themselves, and everyone's moving down not just because of the weather, but because of the protests, the crime and taxes. no state income tax. david: believe me, i know all

about it. i think that's one of the main lures of the place besides the weather. congratulations for your good timing. >> e happy thanksgiving. david: well, congress has a fresh new team coming in that is shrinking the size and influence of theist democrat -- socialist democrat squad, and it's led by folks like my next guest, let's bring in congressman-elect burgess owens from the great state of utah. congratulations, burgess. so happy that a decent man like yourself is going to be entering congress. i hope you have some influence in making that institution a little more decent than it is right now. you've got an answer to the radical squad among the democrats. you call it the freedom squad with. explain. >> first of all, david, thank you so much for the invite. and, yes, i'm excited, first off, what the american people did. they shrank the difference and split 13 seats so far, maybe 14 coming along. but also we have this remarkable freshman team, and i can't say enough about them.

we're not only proud to be americans and doing it with the courage that needs to be seen today. so this is a group of people from different backgrounds whether it be cuba or venezuela or ukraine, in my case i grew up in tallahassee, florida, at a time when my community, the '60s, was really kicking butt. and my community was turned upside down by the same forces destroying our country today, socialism and marxism. we're just excited about giving a contrast. we will show people we can be different, diverse and still proud of our country. that's the one thing we all have in common and getting policies that can make our country move forward and allow many, many americans to live the american dream which is the promise of our great country. david: you know, there were so many lies, and i e guess in all political campaigns there are lies, one is that donald trump was responsible for the china virus, which was crazy. but the other one is that republicans are the party of racism, noninclusion. this new wave, the new red wave in congress is the essence of

inclusion. >> it is. and what it shows is that what americans have in common, what brings us together love of country. it's the opportunity to have life, liberty and the pursuit of happiness. and i until you what, it also shows resiliency of our nation. i love the fact that coming out of this really tough year that we have a trump vaccine that's going to actually allow us to really come back and feel very strongly about getting out and making things happen. david: let me talk about covid and the restrictions. utah went the opposite way. it sort of relaxed the restrictions ahead of thanksgiving. unfortunately, in new york it was the other way with. how did it go yesterday? >> it went well. it went very well. first of all, we have 27,000 business owners here, 93% are small business owners. we have a governor, we have folks who are actually listening to the business owners which drives our middle class. and i hope we continue to do

that across our country, we'll come out of it just fine. david: burgess, final point. players from the detroit lions and texas the chose to kneel during the channel anthem. president trump -- the national anthem. president trump tweeted out simply, no thanks. what do you make of all this? >> well, i tell you what, i'm done actually. it's time for these young men who make millions of dollars to say thank you. how about that? allow people to realize this is a great country. only here in this country can you get out there and play a game that you enjoy and come together to make a difference. let's say thank you. get off your knees and get out there and work and serve your community and give people hope. until the nfl does that, we need to show these guys we're fed up with it -- david: you said you're done. i want to make a fine point of this. does that mean you turned off the tv? >> that means i will not watch the nfl until they fire the commissioner. that's how serious i am about this.

david: whoa! >> we need to fight for our country. entertainment is a big piece of saving our culture. i'm going to give it up, guys. let's show these activists that's running the nfl that we're just done with this playing games with our future and our emotions. can't deal with this anymore. thing flag we should stand for and be proud of it. david: that is strong stuff coming from an nfl star. burgess, congressman-elect, forgive me for being is so personal, but congratulations once again. you are a decent man, and i really hope that decency does carry over to other members of congress as well, and we're happy and proud that you're a member of the house of congress. thank you for being here. >> thank you, david. really appreciate it. david: thank you. let's take a look at gold. it is currently down, i believe, yeah, about one and a third percent. and bitcoin is down huge right now, down about 12%. it had been flirting with the 12% figure. it is now down 12%.

its value sliding about 6% just over the last 6, 12 hours it says, but it's down 12% right now, bitcoin. and show me facebook, if you can. they're getting ready to launch their own digital currency soon. susan, we've been talking about this. they have had plans before, the question is timing. >> yeah. talking about january according to the financial times when facebook's libra will be released on a limited scale at least. so it's a single digital coin that will be backed only by the u.s. dollar at first, at the start. facebook is still looking for the go ahead for the swiss authorities where the libra association with is based, and they will issue a series of coins backed by individual currency in the country, currencies as well as being backed by libra coins in the future. there's been a lot of government suspect schism, concern against the libra project, central banks and regulators around the world including here in washington, d.c. are concerned this will up end global financial stability,

global financial markets and undermine their authority when it comes to controlling inflation in their own individual countries and also price stability, right? which are the mandates of these central banks around the world. david: but actually coins. [laughter] >> no, digital. just to got back to bitcoin, down 14% since wednesdayment. david: i love how they have all these images of coins themselves -- >> including gold ones that are in stu's bathtub, i think. david: well, i've got some gold coins of my own. i like the gold. i like to hang on the stuff. what else is moving the markets today? >> nasdaq hitting a record at the opening bell, investors have been taking their profits out of apple, amazon, google and facebook the past month and getting back into rotating into these underperformers, value plays as we call them, that are trading less than what their book values are. the travel stocks, the airlines and the cruise lines. but some of that money reversing today especially in this holiday-shortened session on this friday.

especially as we head into the winter months, i think people are concerned covid causes will be spiking once again, spiking higher. that means more educating from home and a lot more use of technology, buying more computers, tab leapts, and that's why -- tablets, and we're seeing these names move higher in the session today. the dow crossing 30,000 on wednesday, historical, on track for the best day, best month since 1987, best november since the 1920s, and one stock i want to highlight is moderna, rallying on the back of astrazeneca's bad news -- david: ooh, look at that, 16% now. >> the dosage involved and questions over how effective it might be. david: and north korea, what's going on there? >> the hacking with the e-mails and the e-mail links. 30,000 was breached on tuesday, i said on wednesday. david: we may do it. we've got a couple more hours. we'll see what happens. thank you very much. have you got a movie buff on

your shopping list? how you can buy tom cruise's iconic bomber jacket. remember that? how could you possibly forget? it's a great item, and that is for sale, and we'll tell you how to buy it. take a look at this, people sleeping outside for days just to get their hands on a brand new toy. what is that toy? well, your kids probably know, you may not. we'll tell you coming up. but first, as if covid restrictions weren't enough, californians had to deal with blackouts on thanksgiving day. it begs the question, why would anyone want to still stay there? high taxes, blackouts, i'm going to be asking former california republican party chairman tom dell we e car row, he is next. ♪ ♪ it's been a tough year. and now with q4 wrapping up,

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david: well, folks in california alreay beset by manmade shutdowns had to deal with thanksgiving day blackouts after the power company was forced to shut off electricity to prevent wildfires during a wind storm. come in tom del beccaro, former california republican party chairman. you guys don't get a break, do you? either it's manmade or it's nature. i know you have beautiful in california, i mean, spectacular views, etc., wonderful wildlife. but honestly, aren't a lot of people just giving up? >> well, yeah, millions have left california since the late '90s for low tax states and where jobs are, and these issues of shutdowns, it's just not academic. it costs billions of dollars to the economy when they shut down for three or four days. and these power companies in and the state legislature, the state

legislature spends over $200 billion a year but only recently has taken clearing the undergrowth seriously and, of course, it's that undergrowth that leads to -- david: absolutely. >> -- these fires. so it's manmade. david: yeah, absolutely. it is, you know, the president was rudd called for suggesting that -- ridiculed. but the forestry people i talked to said he was absolutely correct, that it is poor forestry management that is leading to a lot of these forest fires. of course, some of them will happen naturally, but the way they spread needn't be as bad as it is. and the rolling blackouts, there's a manmade aspect to this which is that the more you are forced to leave for, for example, gas-running cars, imagine how many blackouts you're going to have when everybody has to charge their car. >> yeah. and one step further, it was just other a year ago that big

tech warned gavin newsom that if you can't reliably deliver power in this state, we're going to have to go elsewhere. obviously, big tech is a huge consumer of electricity. and, of course, we have ag who can't get water in this state. so this truly is a very poorly-run state, and it's about to get worse because next year they have massive tax increases including a wealth tax -- david: right. >> -- and an income tax rate they want to take to 16.8%. they're driving business out, and the really scary part is, of course, kamala harris thinks this is the model for the nation. david: but, tom, there is a sliver of good -- maybe more than a sliver, but there is electoral pushback in the form of at least a couple of new, at least two new republicans to push out democrat incumbents. korean-american women who are making a strong case e for their commitment to freedom. and they may be, maybe are a sign of the future for california, no in. >> yeah.

we picked up since 2016, i think, four congressional seats which was a big relief especially in orange county. gavin newsom's tax hike was rejected on november 13th as well as his anti-uber and his cashless bail, and now we have over 800,000 signatures to the recall of gavin newsom. you know i'm chairman ofs are cue california.org -- of rescue california.org that is doing that as well. we're pushing a rock up the hill -- david: and gavin newsom seems to be helping out your recall notice by doing hypocritical things like having dinner that he bans for everybody else except for himself and his doctor friends. >> and remember his aunt by marriage, nancy pelosi, did a similar thing with -- and it's just the our gans. and people are starting -- the arrogance. and people are starting to push back. definitely that's a good thing. you know, we're not finished here. we need another 800,000 signatures to send a strong message that everyday people, i

mean, these are people's jobs, david. i know you know this. and, you know, these restaurant people in l.a., think of this, l.a. admitted they have no evidence that outdoor dining is leading to more of the pandemic. yet they shut down outdoor dining. now these restaurants are going to go out of business. it's unbelievable. david: it's incredible. you know, i started when i was in college making it through the summer years, the summer months by working first as a dishwasher in a restaurant, then as a busboy, i worked my way up to waiter. there's so many people who rely on this not just temporarily like i did between jobs and in summers at college, but some people rely on it full time for their entire life, and they're out of luck now. i mean, it's just, it's that on top of the arrogance of defying their own orders that i think is reason enough to get rid of these people, and i wish you luck on your recall measure. tom, good to see you, my friend, thank you for being here,

appreciate it. >> all right. take care. david: another check on the markets, and they're trading up on this friday. let's talk about some good news here. it makes me mad talking about these politicians. nasdaq has come down a little bit but still trading over 1%, huge gain for the nasdaq. let's see if we can talk about holding a big black friday. let's see, what is this? etsy. okay. we've got an 8% gain on etsy? is that -- yeah, they have a big black friday sale today. you can snag homemade gifts for 60% off. and as you can see, that might be helping the stock. it's up over 8.25%. and you don't see this anymore, people setting up camp outside stores overnight. susan, what were these folks waiting for? you don't see a lot of that on the miracle mile. >> the new sony playstation 5. so no traditional black friday lines, yet there are lining up for the next generation gaming consoles. shoppers setting up fold folding chairs, dressing up man i kins

to wait -- mannequins to wait outside stores hoping to get their hands on very limited inventory from florida to virginia, i across numerous states in america. since september we know that preorders went louvre, but it's been so hard to get your hands on playstation 5. you've seen the lines since september, and gaming is just booming across the u.s. and really v the world. -- around the world. you have stores that have as few as just two in stock, and we know that they're $500, next generation gaming console will be in short! at least until the end of this year -- in sport supply until at least the end of this year. gamers spending $175 billion so far, that's a record amount, in 2020 on software according to one analysis. next generation consoles like the ps5 and xbox series x are going to drive record setting on hardway as well right here in the -- the hardware as well right here in the u.s., as much as $35 billion.

that number going to skyrocket, record amounts being spent. david david are you a gamer? >> i am. i can't yet my hands on a playstation 5 though, i would love to get one. david: okay. she's giving us a hunt, folks. -- hint, folks. i hear ya, i'll talk to stu about that. susan, thank you very much. well, florida recently voted to raise minimum wage to $15 an hour, now some people think it should become a national standard, but could restaurants and retailers really afford to do that particularly in states where that's way above what average folks make? that's coming up. and country star john schneider is out with a brand new movie. "stand on it," is the name of that film. it debuts in drive-in movie theaters today. there are still drive-ins. are people actually going to go to the theater to see these movies? we'll ask him. ♪ ♪ ♪

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>> we bet you can't drive to austin to puck up 400 cases of yellow loco and have it all back here within 24 hours. >> that was a movie. in the movie it was 28 hours. got yourself a deal.

let's haul ass. david: all right. that was a clip from the brand new film "stand on it" that hits drive-in movie theaters today. there are making a comeback in the world of the pandemic. come in actor and country music star john schneider. john, good to see you. first of all, what's the film about? >> it's a tribute to burt reynolds -- david: that's it, i figured. >> yep. smoky and the bandit. i was in smoky and the bandit about that much -- [laughter] i was 16 years old. david: i missed you. >> later on in life they became great friends, and i promised one day i would do a tribute to the greatest southern car comedy of all time, and that's what it is. david: and, essentially, those films weren't necessarily about anything. they were just these antics, these driving antics, right? there's not a really theme except just having fun, usually at other people's expense. >> which is what we need to do right now, yeah.

of course, there's a plot. you know, you have to get from here to there and back in a certain amount of time. the plot within the plot of this movie is i do may the guy who was on dukes of hazard, which i am. so were aware of that. we are aware there was a movie called smoky and the bandit, and we're aware that somehow, some way we've been thrust into that reality. it's pretty darn great. and if tyrus is in it -- david: oh! our boy tyrus, we love him. >> oh, he's great. and dionne, i don't know if dion is your sound man, but they're -- david:dion, yeah. >> it's available now, which is so great. we're totally independent. we do our own movies, our own music, we also distribute our own tough. so, folks, write down cineflix dod.com. you can rent it for three days at a time. it's fun, and it's about time we

had some fun again. david: i agree. >> 2020 has not been a laugh riot. david: no. and everything is political. i hope you don't get into any politics in these movies. >> no. david: good. >> no. no, no, no, no. absolutely not. david: speaking of which though, if you are not a card-carrying liberal and if you just are kind of somebody who likes to have fun without necessarily being politically correct, can you still get a job in hollywood? >> well, you know, i've never been much for trying to get a job in hollywood anyway. they're kind of come to me. i'm a very independent thinker. probably you can't in hollywood. but i don't think there's any jobs to get. hollywood has historically been so out of touch with mainstream america, case in point when dukes of hazard was on '79-'85, we had the overnight ratings which were new york, chicago and l.a., and we wouldn't even come

in the top 40. then we'd are have the national ratings on wednesday, and we'd be in the top 5. and hollywood never understood what it's like to live at the end of a dirt road. they've never understood what it's like to count on your neighbor for help if you need it or give help when you need it. so this is nothing new. david: yeah. >> hollywood just doesn't get it. and when they all came out screaming and yelling and being delighted with the whole biden campaign and few whereas coe -- fiasco, they basically shot themselves in the foot for when they do have content which they won't until sometime in the middle of next year. but we will, independent filmmakers will. when they put their movies out again, i guarantee you their viewership is going to plummet like they never saw before. david: well, will it force them to change? i mean, do you think they'll get it? >> well, no, they won't get it. they'll change because they want to make money again. but they won't ever get it. they'll just try to copy what

they think works. but i'm here to tell you, the rock is in trouble. steve carell is in trouble. david: mentioned, by the way, for those who don't know, the rock came out and endorsed biden and kind of did get -- i mean, he tries usually to stay back politically -- >> well, he picked the wrong time to take a stand, i think. because these folks, you don't, you don't slowly alienate these folks. you do it at one time. david: yeah. >> and these folks are upset with that. so if the rock was making a movie today, which he's not because they can't, their own rules are culling them, they can't -- killing them, they can't make the movies right now, there won't be a new movie coming out of hollywood unless they had something that they shelfed that they weren't going to release because they didn't think it was good enough, they won't have a new movie coming out until 2022 at the earliest. david: so they're totally

running out of inventory. >> say that again? david they're totally running out of inventory. >> well, yeah, because they -- yes. because they wanted to preach this whole thing so much to people, everybody had to stay in. it was impossible for a studio to make a movie in 2020 because of the covid restrictions. impossible. independent filmmakers, we went out like we always do with our friends, with our family, we made something that meant something to us, we mortgaged the dog, the house, the car, the cat, we mortgaged everything to do it, and now drive-ins are out there which are flourishing. it's so wonderful that drive-ins are flourishing. david: yeah. >> because they're also independent. david: john, we have to wrap, but congratulations on this. it is the american industrial spirit that you are enterprising so successfully here. the name of the film is "stand on it." google stand on it with john schneider, and you'll find the film, find a way to bring it

into your home. >> find a way, i like that. i'm going to use that. thank you. david david good stuff, john. great to see you. >> e enjoy the leftovers. david: all right. i will. we are eating turkey tonight. look at the markets, they are holding their own right now. the dow has come down more than the others, but the nasdaq is still trading well above a 1% gain, 12,224 points on the nasdaq, and that is a record. and check astrazeneca. they say their vaccine trial results could be clouded by manufacturing error. they recovered a little bit from their losses earlier in the day, but they still are trading in the red. and let's take a look at delta airlines. they had some great news today. they're down a little bit, but that should not put a cloud over the great news, they're teaming up with the italian flier offering flights to and from italy where passengers will not, not have to quarantine. this is, this is sort of a light at the end of the tunnel that we were very happy about seeing

this morning. they will have to take several covid tests before boarding their flights but, again, no quarantine. delta stock now is down a little less than a percentage point but, again, great news from that airline. and an international travel group is now pushing for health passports. susan, what's that going to entail? >> collecting and standardizing covid-related passenger data for border crossings. essentially, you will need proof of a negative test and vaccination before getting on a flight and crossing borders. we're talking about the global airline group, and they expect to start testing pilots first, and they're the parent company to british airways, iberia and other airlines, and this will formally launch in the first three months of next year for apple devices. there'll have to be a lot of global coordination, as you can imagine including global registry, health requirements, testing and vaccination probably needs to be standardized. we've heard this year's going to be nine times worse for the

travel industry than 9/11. airlines have been laying off tens of thousands as they continue to lose billions of dollars, and they said it themselves the international airline group has said it will take until at least 2024 to return to pre-covid levels. david: a great fear of some people who don't like the idea of vaccines is that they won't be able to travel unless they get a vaccine. a stamp on their passport, and it looks like some of that might be happening. all right, remember this iconic movie character from the 1990s? roll tape. oh, no, west virginia got a still shot -- west virginia got a still shot of him. jack? jack is dead, my friend. you can call me joker. david: that purple fedora, the joker's purple fedora, could soon be yours. we have it for you next, and we can until you how you can buy it. what a great christmas -- wouldn't you rather have one of these than the playstation, susan? >> um, no. [laughter] david: there's only one though. >> trying to be nice there. david: more coming up.

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david: well, or chicago's high-end shog hub, the magnificent mile, has seen lockdowns and looting this year, but it is open for black friday shopping today although it ain't crowded. jeff flock is live at the water tower place in chicago. tell us how it looks. >> reporter: better than it did last we checked. i would suggest though, i tell ya, if you love shopping but you don't much cower for crowds -- care for crowds, today might be your day particularly in chicago. this is water tower place. this is the shopping mecca. but not a ton of people, certainly they say later in the day they think they will get more crowds. in fact, there was a line just a moment ago here at the, let's

say, pink, i guess it's a pink -- i'm not too familiar with that one, but it appears to be some sort of young ladies' thing. there was a crowd there. and if you look over the edge here at the atrium, you see more activity than we did. but certainly, you know what black friday tip clue looks like at malls? not so much this time. and as we reported last time, chicago takes it, you know, a double-barreled hit in that not only covid, which everybody's dealing with this black friday, but the looting and the rioting that took place on the magnificent mile. here we go, a line. hey, dave -- oh, somebody else is having fun. capacity limits. that's the other thing you're facing. even inside the mall once you get in, you may have to stand in line because they only allow so many in the store. david: right. right. what a shame. >> reporter: here it is, 2020, black friday. david: you know, i used to live in chicago, and at the time i was a poor student. i used to just love to walk up

and down the magnificent mile just to do window shopping. that i could i afford, but that's about it. there ain't even a lot of that going on because a lot of those stores are still boarded up. such a shame. >> reporter: downtown is dead. it is a shame. we hope it comes back. david: we wish you the very best, jeff, thank you very much. and if you're looking for a really unique gift for the holidays, the prop store is auctioning off iconic movie memorabilia. steven lane is here, the ceo. let's get right to it. first of all, tom cruise's bomber jacket from "top gun," that extraordinary the movie in 1986. tell us about this. >> yeah, sure. here it is right next to me here. i love the way this is so heavily detailed with all these wonderful patches on here as well. this is actually tom cruise's jacket, it was used in a cut scene, so a scene that didn't end up in the final ed cut of the movie. but i love it because we have a

behind the scenes shot of tom cruise wearing this exact jacket, and it has an estimate of $15-20,000. david: 15-20 grand. okay, let's move on. james bond's m-16 training suit from skyfall? can you show us that? >> yeah, absolutely. this is daniel craig's mi-6 training outfit, as you saw. what is really great is, look, here it has the costumer's tag on here which details exactly which scenes it was used for, which days and with daniel craig's name in there and disease ig may noted as hero. -- designated as hero. you can see that they've got the mi-6 logo here emblazonedded on the chest. it also comes complete with this custom-built mannequin display here too. david: that's about 20,000. i'm going to try to get two more in. first, julia roberts boots from the movie "pretty woman."

>> yeah. yeah, absolutely. right behind me are the julia roberts boots. these are so distinctive, and if anybody was around at the time watching the movie, seeing the movie come out, very, very familiar with the press and publicity for it. and you can see the poster there behind me, and those are the actual boots that were used for that particular shot for the campaign as well. david: and finally, this has to be the last, we have a lot more, but jack nicholson's fedora from "batman." this is something that i actually have some interest in, but i don't know if i can afford it. [laughter] >> come on, you can register at prop store.com, you can actually bud right now. bidding is taking mace right now. -- place right now. this is the question e doer rah from tim burton's 1989 batman. if i flip this over very carefully, you can see on the inside here some of the white residue from the makeup from filming. [laughter] so this is the makeup that came off jack nicholson's face while they were filming the shots at

pinewood studios. how cool is that? david: and how much is that? >> $30-50,000. david: ooh! >> payment plans as well, so you can build and then the you can pay later if you'd like to. david: i don't know. even paying over a 10-year period, it might be too much for me, but still, it is attractive, i must say. i kind of am drawn to that. i don't know if my wife would let me wear a pumping fedora -- purple fedora,. [laughter] at any rate, we wish you the best. >> thank you very much. december 1st and 2nd, just around the corner now. david: steven, thank you. in-person dining officially banned in los angeles this week, but will we see more cities adopting these draconian rules that go against science, by the way? fat brands president and ceo andy wiederhorn joining me next. ♪ ♪

when i was in high school, this was the theater i came to quite often. the support we've had over the last few months has been amazing. it's not just a work environment. everyone here is family. if you are ready to open your heart and your home, check us out. we thought for sure that we were done. and this town said: not today. ♪

adapting. innovating. and tlsetting the course.oday. but new ways of working demand a new type of network. one that's more than just fast. you need flexibility- to work from anywhere. and manage from everywhere. advanced technology. with serious security.

and reliable coverage, nationwide. forward-thinking enterprises, deserve forward-thinking solutions. and that's what we deliver. so bounce forward, with comcast business.

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fat brands, they have johnny rockets, fat burger, a lot more. you know, the first thing that i've got to talk about how non-scientific these closings are. i mean, the l.a. health department itself suggested because of certain studies that it had to close these down. well, some of the studies that they've referenced actually said exactly the opposite, that there is no relationship between outdoor dining and an increase in covid infections. >> david, it's crazy. there's no data to back it up. these operators have been on their backs for months and months. ppp help, they have to do that again, but you've got to have these restaurants open. they've invested money in infrastructure outside just to survive, just to get enough volume to break even right now, and closing down in these crucial months before the holidays, thousands of jobs and these operators are going to go out of business, it's terrible. david: andy, have you tried to talk to the people, for example, at the the l.a. health department and say, look, you

guys are going against signs. >> so the l.a. county board of supervisors had, we lobbied them andrallied all the customers, but they're not having any dialogue to discuss the data. david: wow. >> you're going to force people inside, you can order to go and eat inside, and they're going to pass covid. why would you not want them to be outside? david: they're just obstinate. they're ignoring the truth, they're ignoring science. they claim to be all for science and they're not. i could go on for hours on this. >> you can go to a shopping mall right now indoors, inside a store and go retail shopping, but you can't go eat outside. david: very quickly, let's talk about the franchisees because these are not billionaires -- millionaires let alone billionaires. these are people that are struggling to make ends meet. this is the hart of the nation -- the heart of the nation. they deserve our support, don't

they? >> yeah. and you know what? the ppp loan really is saved operators and gave them two or three months to survive, but now it's been nine months. they need to do another round that doubles that and some sort of paw roll relief. -- payroll relief. the elephant in the room -- david: by the way, you've got to turn the camera. i've got to see what kind of a dog is barking there. let me take a quick look. no, can't get over that far. all right. well, he seemed to start. by the way, very quickly, what happens if minimum wage gets boosted to $50 an hour nationwide? >> produces go up. these operators don't have it to absorb in their margins, so prices are going to go up. david: ann drink wiederhorn -- andy wiederhorn, we wish you the very best. we'll have more "varney" right after this, stay tuned. muck don't make me fall in love again if you won't be here next year. ♪ santa, tell me, does he really

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♪ david: well, a final check of the markets in this hour and, again, that nasdaq is going strong. it's lost a little bit, but it is still a record. it's up about 101 points, that's almost a 1% gain on the nasdaq. and it should be mentioned, by the way, all of these excellent moves on the market are in spite of what's going on in our town squares and starting with the times square itself in new york.

again, this is the time of year when this place would be packed shoulder to shoulder. look at it now on sixth avenue, our magnificent mile about the psalm. not a lot of shoppers out there, but the markets are going strong. we can be thankful for that. and blake burman, i know, is always thankful for that. blake, good to see you. >> you too, david. by the way, we could probably give you that same exact shot here in washington d.c. you go by the capitol, the white house, pretty much empty. pretty crazy to see. david, anyways -- david: have a good weekend. >> i'll take it from here, this is, of course, "cavuto e coast to coast," a very busy, hopefully, two hours ahead as we are less than an hour away from today's market close as you see there. pretty good day on the corner of wall and broad as we take it into the weekend. of course, investors continue to watch any and all vaccine news closely. president trump yesterday during husband holiday signaling that hope -- his holiday signaling that hope for a