that we've had but the centralized government control and mandates make that work in reverse. a lot of the reasons there to begin with a lot of the things that the government has done the runaway inflation that is crushing that to bottom. >> we have to go we were walking and bowling today. thank you for joining us. have a great day, we will be back tomorrow same time, same place, "varney & company" begins right now. stuart: good morning, everyone, more selling a follow-up to friday's big drop. the big stop with dow industrials down 300 that was the futures market couple of hours ago now down 99 points and the nasdaq down 42. you still have more selling after last week's big drop friday afternoon. the big negative this morning's china, new covid cases reported in beijing. great half million residents to

be tested immediately that is a run on food stores. if your authorities ease up on restrictions, covid likely spreads, they keep the lockdown go would they risk unrest. that's going to twitter it is up in a down market, speculation the elon musk may succeed in his takeover bid. he has the money and twitters board hints it may look more favorably on his bed. twitter ontrack to reach a deal as early as today. how about that. elon musk teased bill gates, he basically attacked them with a pregnant amodei telling him he will not support the climate action if he bets on tesla stock going down. another elon musk headline and he has to have what everyday. that was his we can deal. they quite got to $38000 per quite and ethereum is well below $3000 according as for oil it is down well below $100 china's

covid crisis expected to cut oil demand. there goes 97 bucks a barrel. the price of gasoline still holding well above $4 a gallon it moved up to 412. diesel just as important as gasoline you are looking at truckers and farmers in construction, they pay $5.8 a gallon, not much relief at the pump. interest rates are down, the flight too the safety of treasury bonds that pushes up the price and the yield goes down to 81 on the ten year treasury right now. that is the financial market this monday morning. more new secretary of state play get a defense austin met zelenskyy over the weekend. as sovereign independent ukraine would be around well after putin has left the scene. overnight an oil depot in russia was set on fire reportedly by a ukrainian missile, several train stations were attacked with russian missiles. the brutality continues. it is created the split in the

orthodox church. patriarchs of moscow support putin, pope francis has canceled a planned meeting with him. in france macon beats marine le pen president biden may be sighing in relief of that marine le pen was pro-russia. i just came back from a wonderful weekend and for that. hardly a mask insight. monday april 25, 2022, "varney & company" is about to begin. ♪. stuart: about to start with, i'm gonna start with twitter jumping that it is close to accepting elon musk spin. good morning. >> i think we should note your time is very expensive with the charity dinner for the children's charity, that was very lovely of you. what a guy. you had a long night of talks

between elon musk in the twitter board and apparently we are on track for an elon musk deal to be signed today. several reports out there, there is still some terms to work out like a breakup seat, how much does elon musk have to pay if this deal does not go through there is not a go shop deal announced yet but that's part of the detailing, twitter can look for a second better if they already agreed too an elon musk offering something higher for the shareholders. the game changed by elon musk financing and how he will pay 46 and half billion dollars. twitter if you look at the stock $51 because of elon musk and you had a bear market in the broader markets. i would say the stock price action has forced the board to take a closer look at elon musk 54 - 20 bed. stuart: as other stocks go down why would they reject this high offer.

they don't have a fiduciary responsibility shareholders. >> it's in the best interest of shareholders in the company and elon musk argued his bid of 54 n he started buying the shares back in january. if you were elon musk here's what i don't understand will see when the stock market opens. would you try 20% of your wealth in a fast-growing tesla or space asked to buy twitter? which we know has not been competed well with other social media players. stuart: i wonder why he wants to take over twitter. to make a profit in the long run? were to make a point about free speech? i don't know what it is. >> is the unlocking value? or is it growing the company, i think it has to do with marketing and communication with tesla and his cavity going forward. stuart: he can afford $46 billion it makes it look good in the headlines. >> we will talk about this later.

stuart: let's get to china. beijing, the capital has reported a spike in covid cases. one of the largest districts is launching three grounds of mass testing. you know more about this than i do do you think it is possible beijing could face the lockdown that shanghai did? >> the stock market tanking last night, the worst of 2020 tells you yes, there could be a potential lockdown in china's capital this is during a week of an important politically the ruling powerful ten member committee meets in the chinese capital to decide policy not just for the next year but possibly the next five for the second largest economy. stuart: they had a meeting this week. >> were heading towards an election for xi jinping later on this year in the fall time. the stocks tanking, worst case is 2020, it also collapsed to the worst day in two years because of the ongoing covid lockdowns, beijing has reported a covid spike this weekend and

they are going to mass testing, they have to look over the shoulder at what's happening in shanghai and financial capital of china in a prolonged lockdown that is habited economic impact, not just on chinese markets and chinese companies but tesla, a lot of the other global corporations that operate a manufactured, china will be in trouble i would say. stuart: they will return to this later on because there's so much to be said about what's going on. the world is connected. we will be back to you in a second. monday morning the dow coming up the were staying 18 months. that was friday of last week. future suggests more of the opening bell this morning, jason katz joins us right now. look at today's action, is china the main reason for today's selling. >> is certainly a good shooting factor, conspicuously absent from the market dialogue has been what's going on in china. now that were focusing on it we

realize it's not just exacerbating what is already a very difficult supply-chain issue it is a growth issue a demand issue, china is a huge contributor to our global gdp it is yet one other reason why we are piling onto the losses of friday. stuart: you call this a nowhere to run, nowhere to hide market, sit still and cash? >> leadership is rolled over in terms of the defense. in spite of the fact that 80% of the company that is reported this bar has beaten expectations. everyone is waking up too the fact that chairman obvious, powell has confirmed what other fed officials hinted at multiple rate hikes are on the table, 50 basis point rate hike. to answer your question sometimes as an equity investor you have to take your lumps. you have to understand to make money you have to lose money. it does not mean you put your head in the sand like an ostrich pretty get a little bit more

defensive in nature. stay long but shorten your duration on fixed income and go up channel in terms of the quality of the equity that you have. stuart: we will try to figure it out, tough job we will see you later. taking on disney, citing a bill that removes the special tax status, receipt he slap with us now. it seems like there is a war between ron desantis and ron desantis of the world and woke companies. is desantis winning? >> i think desantis is winning. i think the reality before too long, a lot of these republican politicians -- we've always been on the side of business, the republicans have always helped corporations when it comes to tax breaks, when it came to ensuring there was more free market opportunities and related lobar regulation as well. all the sudden you see these corporations embrace the woke

culture, basically silencing many of their employees. in standing very strongly in what i would fare radical left agenda items like supporting critical race theory training. disney alone just put out a trainee that christopher got a hold of basically saying they discriminate against other races. in the white children are full-fledged races. that is not what i would say is the spirit of disney which is that of basically the love of all. i have to say, i think someone has to push back and they sent a strong message too disney. i think it is sad to watch, i think we all grew up, i am from florida, i have taken my children too disney. i think it is a great place to basically protect the innocence of our children and be able to have a family experience but to watch disney take on in support

all the leftist agenda, i think it is really detrimental to their mission. stuart: ladies and gentlemen, boys and girls of all ages, what is wrong with that. i'm sorry we are out of time, i could talk about this for hours, back soon. >> absolutely. stuart: back to the features, what you talking about here, what you're looking at, the futures market as and how the market will open in 19 minutes time, down a little but not down as much as we were going to be down about an hour ago. next case elizabeth warren has an ominous warning for her party heading into the midterms. >> i think we were going to be in real trouble if we do not get up and deliver. i believe the democrats are going to lose. stuart: what does senator warren

mean by delivering more too the american people? more socialism, we will certainly get into it russian missiles in ukraine hit the train station, defense secretary lloyd austin made clear america wants to see russia weekend. rotate. >> we want to see russia weekend too the degree that it can't do the types of things that it has done invading ukraine. stuart: a week in russia is something my next guest wants to see former boxing champ, a member of kyiv defense team. he is here after this. ♪ ♪ new projects means new project managers. you need to hire. i need indeed. indeed you do.

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blinken in austin met entrapment from pulled into kyiv and not long after the visit five trains came under russian fire. matt is in there with the latest. >> a short while ago and lviv, there was a missile attack near a train station about an hour east of downtown, the state governor also said in the past 24 hours in lviv the air defense system shot down a russian missile that he said came from a plane and also a threat of a russian missile coming from the sea. in russia authorities confirm a massive fire at an oil storage facility in the city of brea, not far from the ukrainian border. there is no confirmation of what caused the massive fire. last week russia accused ukraine of bombing several other

buildings into that area, this is all happening hours after u.s. secretary of state anthony beacon and secretary defense lloyd austin left this country and they met with president zelenskyy and members of his cabinet in kyiv. >> we don't know how the rest of this war will unfold but we do know that a sovereign independent ukraine will be around a lot longer than putin on the scene. in our support going forward for ukraine will continue and will continue until we see final success. a short while ago ukrainian president zelenskyy posted to social media the u.s. delegation of high officials to kyiv is and important and he is grateful for unprecedented help. also right now russia and putin claiming they will halt attacks on the massive steel plant and mariupol to allow civilians to leave. pictures released by the ukraine military appear to show a portion of mariupol obliterated no structures.

vermont's women and children are hiding out underground as russian bomb the city some say the running out of food and water and many people who survived mariupol call it hell, the u.s. secretary of state said the market diplomats will return to ukraine, some passing through lviv and eventually the u.s. embassy in kyiv will reopen. stuart: thank you very much former boxing champ wladimir klitschko joined me now he is part of the territorial defense. his brother is the mayor. what are entity blinking in austin going to do for you. >> i believe that bliken and austin stand with the free world and the russian aggression against the senseless war and against the murdering and killing genocide the ukrainians.

stuart: do you want to see president biden go to kyiv? >> i do believe eventually and hopefully the u.s. president will come and visit and i understand all the security behind it and protecting them, obviously we need to take care of our sky and if the free world cannot take care of it we will take care of it ourselves, we disney protective weapons. stuart: are you getting the heavy weapons that you need you been promised these the artillery and all the rest of it but are you getting them? >> this is day 61 of the russian invasion on ukraine. obviously we've been waiting for the weapons to defend ourselves a long time. eventually and slowly but surely we are getting it. it is not enough. we need more and as soon as possible.

for us it's a question between life and death, russia needs ukraine but obviously with all of their bombarding of the districts of the city and destroying the city and the infrastructure russia needs ukraine but not the ukrainians all the murdering that has occurred especially now in the city of mariupol is horrifying obviously russian needs ukraine but not the ukrainians. we need to protect ourselves in that support. i want to say thank you to the government for all the support you are already providing pre-please continue, do not stop. stuart: one last question are you getting any promises of planes, jet fighters or whatever kind of planes that will be required to beat the russians, are you getting them. >> i'm not presenting to confirm or deny but i have to see, we

needed we have not gotten it yet to protect us better and faster and we definitely needed. promises are there. but on our soil we need to get in our hands as well. stuart: have you been promised planes? >> there is a lot of different promises been made by the free world. also the consequent is for russia if russia is going to invade ukraine. those consequences we have been waiting, we've been taking this consequent is for two months now. we definitely need those in the sooner the better. stuart: you've given us the message, we hear it. thank you very much for being here. we appreciate it, best of luck. >> president biden has committed to taking 100,000 ukrainian refugees, many of them will not receive the benefits that refugees are usually given.

any reason why? >> what are the thousand ukrainian refugees will be coming through a humanitarian parole program and that's dedicated too the fleeing violence and allow the tens of thousands to stay in the country for up to two years with officials only temporary waving the immigration requirements and if these refugees have legal status, no permanent past in the u.s., what happens to them after two years? and how much of this is humanitarian if they cannot stay in the country after 24 months. stuart: that is an interesting question 100,000 coming here. let's check the futures market, were down 100 for the dow, nasdaq down 57, much worse couple of hours ago. opening bell is up next. ♪

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stuart: the losses have moderated. ask me a couple of hours ago and i with a couple hundred point decline on the dow will be start trading but we are down minus 158 at this moment in time. keep fits join this is monday morning.

china's hard-line approach to covid, is that responsible for today's selloff? what do you think. >> too some degree it is not so much of what is in china but what people fear is happening in china will result in the u.s. will the leaders use this as an excuse to lock down inflation both can worsen the supply chain and increasing elation that's where traders went in the computers took over. stuart: this is a huge week for big tech i believe microsoft is tomorrow, alphabet is tomorrow. it occurs to me these earnings from big tech better be good or we are in real trouble. >> i cannot agree more strongly with your statement. they better be good or everybody else will get netflix, netflix performance is so bad it's a blur in my mind. the key it'll hold its own because big tech is one of those things that the world cannot live without not all the money is the same and not all the stocks are the same.

there are stocks that i'm interested in in stocks i will continue to avoid. stuart: is this where microsoft and google hit the bottom? >> i don't know about google but microsoft possible to buying or seeing it is symptomatic of that there is a lot of buddy that wants to go to work that has to go to work. i think were beginning to see that in the futures weather will be a sustainable rally, i don't know, the fed hangover were gonna have one or two more solid smack downs before your neighbor starts wearing off stocks that's when you really piling. stuart: how do i know with the smack downs are done, you never know. >> when your neighbors wears them off at the barbecue that the social indicator. >> that's a good point. one last one what do you make of twitter possibly accepting the bid from elon musk. >> how cool is this this is a battle i been waiting for for a long time he's gone full corporate, they have no choice but to try to control the

narrative because they cannot brush them off and they cannot put them away cannot pretend he does not exist i love the fact that they may make a decision by today if he gets it, that's the point where i'm going to think about buying twitter it is great. stuart: very interesting, thank you for joining us i'm sure we will see you again really soon. you hear the bell ringing time stock trading an important monday morning a huge loss for the dow on friday dow 981 points, here we go were betting on the downside again this morning that is not a huge loss if you look on the left-hand side of the screen will show you all 30 of the dow stocks the vast majority are down this morning and the first 17 or 18 seconds a business we are down almost a half% on the dow. on the s&p, were down two thirds of 1% adding to last week's losses, same on the nasdaq down two thirds of 1% adding to last

week's losses, look at big tech microsoft is down to 73 and apple is at 160, google 2380, amazon 2800, meta platforms all the way down to 182 big tech selling off of the market selling off again twitter $50.81 per share up to 20%, it is going up after reports that the company will likely accept elon musk's bid. back again. >> 5420 could be the winning bid, just a week ago when we saw this first launch of the twitter bid, people said $60 is the magic number given twitter was at $70 last year end its peak they can argue $50.20 the undervaluing our company but with the market selloff in the dow jones with the worst day since 2020 on friday and people are concerned about china and the global macro economic events in ukraine, $54.20 might look

good according to several reports this morning and elon musk apparently has been really selling the twitter shareholders, we have a report he was meeting with the big stakeholders on friday to outline why he should take the company private, we know what he's going to do, he's going to try to reinstate the trump account and may be also good subscription instead of giving it out for free he needs recurring revenue, we discussed this about the trade it confuses me about why he would try 20% of his wealth and tesla spacex fast growing company for something that is underperformed like twitter. i think it's a marketing communications tool all about influence, you know tesla has no communication too the marketing team he does it through his own twitter account. stuart: i can't answer your question i don't know as much about it as you but maybe you can answer this show me tesla tesla stock is down this morning

2% below $1000. >> it was down 4% when all the reports came out the twitter was close to accepting elon musk's bid. a lot of the 46 and a half billion dollars is coming through elon musk in the tesla shares. stuart: would he sell shares? >> if you look at the financing outline that he updated the filing last week i think half of that is 21 and a half billion dollars in loans against 12 and half billion dollars of the tesla stock he's putting up $21 billion of his own cash where is cash going to come from, since we know most of his wealth is locked up 80% is locked up and tesla stock, he probably has to borrow or sell some of the tesla shares to put up the cash to buy twitter that's why you saw the reaction down with tesla stock. >> i cannot imagine him selling tesla's shares. >> there is a limit of how much you could borrow against the shares he is capped, i don't

want to sit 80 billion what is the 80 million of that i do what to be specific with those numbers are not specifically sure but i know the cap is a limit of how much she could borrow against the tesla stock and is pushing up against that cap already. >> the big corporate news, elon musk's bid for twitter is likely going to go through, that is huge. >> twitter can say yes and will accept the 5420, we don't have an outline of what this acceptances, there could be a breakup, i don't of tesla and elon musk is willing to pay a $2 million breakup fee. also there is in the shop and implication meaning twitter can accept the $54.20 but they can also say we will go intact other stakeholders and other groups as well for a possible second bid. there is a fiduciary responsibility for the board to

be acting in the best interest of stakeholders. stuart: it looks like it is going to happen. >> they can say yes, again that is not the end of until the deal closes and there could be a second better especially as we go to $60 or so if somebody comes with a higher bid like bravo and private equity groups. stuart: were up and running in the trading session, were down 300 points on the dow after a huge drop last week, last friday i should say, they have it down to 81. >> tesla shares it's important to note you have a battle of the richest people on the planet. we know bill gates had half a billion dollars short on tesla shares that was confirmed this weekend by elon musk over twitter, we know elon musk hates that, he tweeted out gates with apple pregnant man emoji. the fact that one of the richest deals on the planet is betting

against and predicted that tesla stock will fall from the thousand dollar level that has an impact. let's go to microsoft and alphabet otherwise known as google they report this week. >> if you think about it apple, amazon, meta, twitter, that is a part of the s&p 500, half of the dow microsoft reporting tomorrow they're expected to see sales jump close to 20% that's pretty good cloud and heather catching up to amazon web services, also on google, alphabet as well we saw becker quarters, some people are expecting sales to dip amazon will be interesting and higher expenses if they can keep that rate up it is only the first time i've seen twitter to take the profile in the spotlight over apple, the report on the same day, everybody is

expecting to have earnings in the management team on the call and say something about the takeover offer possibly. >> of twitter reports later this week will elon musk get a look at this finances now. >> that's a good question. if they accept the bid and elon musk is coming in as a potential owner, they would have to open the books up. stuart: i presume so. >> j.p. morgan is predicting an iphone revenue drop, that was shocking this morning. stuart: apple is down to 160. quick winners the dow winners, big tech we have johnson & johnson topping the list i don't see any prominent there. also disney is there. >> a mild recovery, s&p back to the cruise lines, look at the nasdaq winners, i don't see any big. >> amc is pretty big there at chipmaker, that is recovery but in a down market.

>> los angeles county will licies have to go in order to make the city safe and livable again. >> woke wisdom is on the ropes, let's put it out of its misery and 22, my only goal is to make l.a. livable again. stuart: we had that story for you many workers say that leaving their current jobs for double-digit pay raises elsewhere, sounds like a great time to be a worker, micro knows a thing or two of how america works, he is here in our next hour putting up defenses to fight: that the authorities in shanghai doctor marc siegel covers china struggling 0 covid policy, the doctor is coming up shortly. usaa is made for the safe pilots.

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stuart: dr. fauci says a judges ruling on the mask mandate sets a dangerous precedent, he thinks medical experts should've made

that decision, jonathan seri and ileana, the latest. >> doctor anthony fauci says the federal judge has ruled in the judge's decision must be followed from the legal standpoint, he said he would've preferred such decisions be made by people with medical expertise. take a listen. >> at the get the bad precedent when decisions about public health issues are made by people be judges or what have you that do not have experience or expertise in public health, i believe this should remain ac/dc decision. >> no longer required the cdc continues to recommend that travelers were facemasks, one experts say n95 masks offer substantial protection against the virus that causes covid, most travelers are using less effective cloth masks and wearing them improperly.

>> when you get on board if you're eating or drinking you don't have to have something on your face, finally a quarter of all people where it under their nose which is like closing only three of the fives doors on your submarine. >> shanghai authorities have been blocking off residential buildings with fences and ceiling entrances to apartment complexes were cases have been detected, as you can imagine that has set off panic buying at grocery stores and many of the shelves depleted of soy sauce, produce and other popular items. stuart: thank you very much, let's begin doctor marc siegel, doctor we just showed you the green fences the barriers going up in shanghai, i don't know how china gets out of this if they relax covid spreads and if they climbed down they have unrest, is this a dead-end policy? >> it looks like science fiction, first of all even if they do the 0 covid strategy is

spreads anyway 21000 new cases yesterday they have not learned the basic lesson that is spreads they cannot actually stop it in the barriers people are trying to escape the barriers in beijing -- i mean in shanghai for trying to escape those and shutting down apartment buildings where there's been covid cases this reminds me of blade runner they will be standing there to see if there are replica if they have an astigmatic case, shut them down into prehospital, this will never work is spreads fear and panic and that spreads more covid they have not understood you have to live with covid the most important thing of all they have not imported the products that we made in the west that they could use like paxlovid the terrific antiviral drug they are not buying it in the vaccines are better made here and they are not using them treat them a lot of elderly people in china that don't have a good vaccine

or no vaccine at all over 80 years old 50% have not been vaccinated in the getting the chinese vaccine which hardly works, this is bad strategy, using pfizer down a point or two today because china is not buying the product and they should be. stuart: the white house covid-19 correlator says the u.s. must not overreact to rising covid cases. what would be an overreaction return to mask mandate? >> i think you see the enormous overreaction in china by example but i don't really agree i have a lot of respect for the doctor, the correlator i interviewed him several times. i think was to look in the united states at the strategy of my way or the highway was for relaxation, your report about planes i was on a plane last night i was only person on the plane wearing a mask, once they relax strategies you heard the real truth in america that we

are tired of it people are tired of these restrictions and they're not listening to anybody right now because there's too many contradictions. stuart: why were you the only person on the plane wearing a mask. >> i'm a doctor 70 photographs me without a mask i'm in trouble you'll see the all over the internet. i'm the only one wearing a mask because everyone else was tired of the mask strategy because what your reporter said no one wore the right mask they took it off to eat, people are not stupid, if you can take enough to eat for two hours, how effective is that in the study show planes do not spread respiratory virus on top of that. stuart: i was on a plane yesterday and i did not wear a mask and neither did anybody else. good stuff. >> i took a photo and i posted that photo of you without a mask. >> it out of here. stuart: here's the development israel has lifted the indoor mask mandate, what is a

significant. >> you have to remember israel only started to reopen the country in november it is been shot since november they only reopen the borders just recently, this is because of omicron it is taken a year for the covid case drop in order to remove a mask mandate it takes you a year for the covid cases to drop before you due too the masking requirement took effect on saturday and they remain mandatory hospitals in elderly care and international flights, the israel case count was 20% of peaks during omicron. that was interesting. also the death count was roughly a fifth of the entire covid era of death counts and the statistics. stuart: i thought israel is out front and the pandemic. >> 72%. >> it took them a while to get rid of the indoor mask mandate. >> despite that they had cases

coming out over the last 12 months. stuart: thank you very much. the unlikely hero who defied putin and united the world that is the title of the new book about president zelenskyy rebecca wrote the forward i will ask her who wins the zelenskyy, putin showdown. emmanual macron reelected in france but not everybody is happy we will tell you, that is so predictable the riots in france, they rioted, we will tell you next. ♪

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i know there's conflicting information about dupuytren's contracture. i thought i couldn't get treatment yet?

well, people may think that their contracture has to be severe to be treated, but it doesn't. if you can't lay your hand flat on the table, talk to a hand specialist. but what if i don't want surgery? well, then you should find a hand specialist certified to offer nonsurgical treatments. what's the next step? visit findahandspecialist.com today to get started. stuart: president amanda omicron has won a second term easily beating his challenger le pen. what is important in your opinion of emmanual macron. the candidate posed a real threat le pen the eu but she did gardner 12 million votes the

very large tally to raise concern for the french establishment. the margin victory for emmanuel mcleod when they went ahead in 2017. this is an election characterized as a parisian rich elite versus the mob. but in the end it was the voters in the middle who ultimately decided to get macron five more years. >> after five years of transformation both happy and difficult and exceptional crisis, april 24, 2022 a majority of us have chosen to trust me too lead our republic for the next five years. >> to be clear le pen may have led to a seismic shift raising the prospect of a for exit. she campaigned on the cost of living promising a ban on muslim

headscarves in public places in the given priority to data french people over others for jobs, housing, benefits and healthcare. even in defeat le pen told unprecedented share was about victory. >> the french are showing a wish for a strong counter power against that of emmanuel macron that will protect them in the degradation of the purchasing power, tax on liberty putting into question the public service and or social systems. >> there is still much to be decided on june 12, the french people will vote to elect their into secure a majority in the french national assembly macron has promised the package of measures to ease the pressure of cost-of-living crisis including caps on gas and energy prices per he better follow through or we will see another yellowjacket

protest. we know how that turned out. stuart: we do indeed. thank you back to you in a second. still ahead on this program, steve forbes, kt mcfarland, micro, pete hegseth, the 10:00 o'clock hour and varney is next. ♪ . .

♪. stuart: selina gomez. a lot of people think my daughter looks like her. i wouldn't get it. is the name of that song. 10:00 eastern. straight to the money, please. we're sinking a little. down about 400 points on the dow industrials at a 981 point loss on friday. 10-year treasury yield, interesting, it has dropped below 2.%. look, this is a to the safety of treasury securities. you're worried about the stock market, you pile into a treasury, the price goes up, the yield goes down.

how about oil? now it is down 5% in price. $96. why? because china is really slowing down with all the lockdowns and new cases in beijing. down goes demand, up goes the price. down goes the price. that is what is happening with oil. bitcoin, following the stock market, it is down to 38,700 bucks per coin. that is the markets. now this. the democrat party seems to be at war with itself. they can't figure out how to escape their disasterously low polls. the president, well, he does not see it that way. watch this. president biden: virtually no split in the democratic party. we happen to have 50 presidents. you have 50 senators and 50, republican, but all kidding aside. 48% of my democratic colleagues in the senate vote with me 94% of the time. not like there is a split. stuart: sorry, mr. president, there is a profound split in

your party. there is basically left versus right. that is a split. warren says pass socialism now or lose in november. watch this. >> i think we'll be in real trouble if we don't get up and deliver, then i believe democrats are going to lose. stuart: deliver socialism, maybe. senator warren is clearly pulling left. but there is plenty of resistance. the moderates or right-wing of the party is splitting away from socialism. joe manchin has no time for it. they're splitting away on immigration too. i lost count of the number of democrats opposed to biden lifting title 42 at the border. they know it would create an unimaginable surge and a big loss in november. splits are bad in elections. but before the republicans celebrate, they should take a look at the big split in their own party. that split is obvious in the upcoming primaries.

in several key states trump nominees are going up against more establishment republicans. in true trump style it is getting down and dirty. i repeat, splits are bad in elections. second hour of "varney" is just getting started. ♪. stuart: charles hurt, with us this monday morning. all right, charles, what do you think? >> good morning. stuart: definite split among democrats. straws split among republicans. what say you? >> i think you're exactly right. the key difference though is the degree to which the split among democrats is over major issues and you listed them. immigration, crime, energy independence, all of these major, major issues that are absolutely deeply dividing the democrat party. democrats are just beginning the

massive civil war that republicans have actually been through. we're kind of on the tail end of the civil war republicans have been through that started back in two, 2012 with the tea party. what is interesting, when you look at splits we see with the primary races with donald trump, it is all basic sort of cosmetic stuff, usually has to do with trump's personality. the degree which donald trump has unified the republican party on key issues that used to divide the republican party is absolutely stunning. that is why i think you're right to point out that republicans have to deal with some of these decisions, the republican party is so much healthier right now than they were 12 years ago and a million times healthier than the democrat party is right now because you're exactly right, those issues that deeply divide the democrat party are going to lead, i predict, at least a 10-year civil war that is going

to rack these people, it will ruin them in november, and probably ruin them in elections to come. stuart: you sound absolutely delighted, charles. i'm not surprised at that, there you go. you think that this november the democrats lose the house and the senate, you think, for sure? >> i think, yes. the senate is going to be tough just of the map but when you see a wave like this, it is pretty hard to hold it back. i think their ability to gather around joe biden in 2020, we will look back at that, see that is the last time they were able to paper over these very differences you're talking about. the socialism versus non, nut crazy town democrat party? that division is going to be wide open this november and i think it will stay, that wound will remain there for a long, long time. stuart: if president biden had not taken a sharp left turn rate after the election i don't think

we would be having this election. it would be okay. >> biden could have kept it together. stuart: charles, thanks for seeing us. >> thank you. stuart: elizabeth warren ruling out a 2024 presidential bid. ashley she is throwing her support behind president biden, is that the story. ashley: i know you're disappointed about this, stu, but exactly what elizabeth warren told "meet the press" on sunday on sunday. >> you ask it anyway you want, i will say the same thing. president biden is running in 2024, and i'm supporting him. ashley: warren ran against biden in the very crowded presidential primary in 2020 but in the end ended up endorsing him after she dropped out of the race. biden dealing with low approval ratings, which along with his age have led to steady talk whether he will run for a second term. the president is 79 years old. if he were to begin that term at

82 years of age. he said he will run in good health. apparently elizabeth warren will back him, stu. stuart: i hear it. thanks very much, ashley. twitter reportedly in advancer talks to strike a deal with elon musk. the stock is up 3 1/2% at 50.68. jeff sica with me now. jeff, if musk takes twitter, can he turn it around as a business, make it profitable and dynamic? >> that is the big question and what we have to keep reminding ourselves of that twitter is a garbage business. stuart: whoa. >> with shrinking margins. stuart: whoa, that is a strong word, garbage business? >> it's a very, very bad business when you have other companies like google and facebook making hundreds of billions of dollars on advertising. twitter, which most a lot of their revenue comes from advertising is making about five. they can't generate revenue. they can't generate the type of money that they need to make.

now granted, they are run by an incompetent board which i honestly don't think could manage a lemonaide stand which is one of the first things elon has to get rid of them. the second thing he has to do, outline how will we make money in this stock? how is he going to generate revenue? i know he wants to get rid of the bots. he is dealing with authentication. there are a view things very good things. i'm a big supporter of his free speech initiative. he needs to show us what it will look like under him. all i can say, i'm sure it will be better. stuart: why do you think he is doing it? is he on a crusade for free speech, objects to the way twitter has been set up or does he really think he can make more money putting all these billions into twitter than he can from putting more money into tesla and spacex? >> i believe he is, his primary concern is saving free speech. i believe that. but he is a capitalist and i

believe he does want to generate revenue. and i believe that he wants -- they have the earnings coming up on thursday. stuart: thursday. >> those earnings will be awful. they're going to be awful. so the board right now is all of a sudden, they have this epiphany. they're embracing him and embrace potentially embracing him and he is going to have to deal with some tough numbers. stuart: does the board really have a choice? they have a fiduciary duty to look after the shareholders. if they reject this high offer, 54.20, which is much higher than the stock price was before he made the bid. >> right. stuart: that is dereliction of duty, isn't it? >> exactly. they have a fiduciary responsibility and they will have blood on their hands when elon sells the stock, and the stock goes down to $20. they will also have a lot of class action lawsuits to contend

with, because the board, who by the way, own very few shares, the board is responsible to the shareholders, to enhancing shareholder values and their feet should be held to the fire. stuart: garbage company, blood on their hands. what did you have for breakfast this morning, my goodness. >> i had oatmeal with raisins. stuart: singh -- zika, you're all right. teaming up with you knight the airlines, what, ashley is the point of that. >> he should have coco puffs. free satellite from spacex starlink network. according to hawaiian airlines. starlink is 2,000 satellites in low earth orbit -- stuart: the freeze. you get that freeze, about to get to it. starlink providing this satellite service to hawaiian

airlines. that is good story. i don't know why hawaiian should be down. are you back with us, ashley? >> i think i am. stuart: finish, what you want to say, ash, get back. ashley: thank you for that. the first time by the way for musk muck's space company to do a deal with a major company designed for a high-speed internet. the plan for complimentary internet service that could increase pressure for rivals, something currently available, i didn't know this on jetblue airways. hawaiian hasn't disclosed deal but free wi-fi i'm all for it. stuart: i'm in. put me on that plane. all right, ash, one more for you. how about apple? >> foxconn. stuart: prime supplier, i believe suspending operations at two factories in china. how bad is this, ash?

ashley: new covid complications shutting down operations which is not good. according to the south china morning post the company has stopped operations at two of its factories in eastern china but authorities say there is limited impact as it has shifted production elsewhere. let's hope that is true. but a facility that makes data transmission equipment and connectors will remain closed until authorities give permission for it to reopen. of course the chip shortage does go on so this doesn't help. stu. stuart: got it, ash, thanks very much. a majority of americans, way more than half, leaving their double for double-digit pay increases, how about that, more than half leaving? mike rowe knows how much hard work is worth. he will deal it with shortly on the show. the l.a. county sheriff slams woke policies as crime runs rampant. roll it. >> wokism is on the ropes. let's put it out its misery in

22. my only goal to make l.a. liveable again. stuart: later on in the show, carjackings new normal for residents in philadelphia. more than 400 vehicles have been stolen in philadelphia this calendar year alone. jeff flock is there with the report. the path is gilded with the potential for rich returns. your shipping manager left to “find themself.” leaving you lost. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire

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♪. stuart: exploring the southland is the name of the game on wall street this morning. down 382 points on the dow industrials. add that to last week's loss, you're looking at a friday and monday morning loss of over 1200 points. nasdaq composite down 77. the selling basically continues. take a quick look at general motors. their stock is back well below $40 a share. they announced they will have a

electric corvette next year. like to see the acceleration on that thing. there is new york, the mayor, eric adams, facing a challenge on crime. we've got a new spike in subway assaults, ashley, is that accurate? ashley: yes it is. felony assaults on the new york city transit system spiking more than 50% between february and march. that is the highest total since the nypd began increasing subway patrols 11 months ago. there were 180 felony crimes recorded on subways in march. that is actually down slightly from february, but not great. the, the number of felony assaults jumped from 41 in february to 62 in march. the numbers reflects the highest number of felony assaults since last may when a string of high-profile crimes prompted then mayor bill de blasio to increase the number of police patrols in the subway system but even now that doesn't seem to be working. stu. stuart: indeed. let's get to philadelphia where they're seeing a dramatic rise

in carjackings. jeff flock is there. jeff, what are the police saying about this? reporter: well, they're overwhelmed in a word, stuart. this is the 14th district police headquarters here. yeah, all over the city, it is not just philadelphia but philadelphia is one of the worst spots. chicago also. i don't know the cities i live in somehow are bad. 160% up over last year. crazy in philadelphia. and, i talked this morning to the deputy, former deputy commissioner of police in philadelphia, who said it is kind of a perfect storm. you got, you know, you got a situation where the pandemic has left a lot of kids with nothing better to do, out of school, that kind of thing. not community programs for them. and then, you don't have enough police officers out there. there are hundreds of police down in fill self. in philadelphia. he said they don't get to the

carjackings. here is what he told me. >> city like philadelphia, facing unprecedented of violence. hard to get a crime unit, can't pull them away from a shooting scene to process a car. even though we're losing valuable information. reporter: consequently because the violence is so bad, other violence is so bad it takes precedence over the carjacking. people are able to do it with some impunity. not a pretty thing right here. stuart: yeah. well-said, jeff. i want to get more on law enforcement as a job. for that i bring in mike rowe. mike, what will i see on the new season of "how america works"? i think you're dealing with law enforcement tonight? >> that is the season premier. when we sat down to look at season two, each week we take a deep look at an industry that is truly important to how our country works. often times these industries are misunderstood.

we have looked at oil. we've looked at beef. we looked at salt, textiles, all sorts of other things. this year, i thought cops, there has never been a tougher time to be a cop and 300 million people in this country for the last four years or so have had a steady diet of what bad cops look like and, look, those stories are important obviously. we have to tell them but, got 800,000 cops in this country and 99.9 some odd percent of them are on the right side of the law all of the time. most of them never draw a weapon in the course of their career. they're out there working day after day and we just thought it would be good to take an honest look at a police force. we hang out with the men and women down in wilmington, north carolina and spend a week or so with them, just being a fly on the wall and watching what happens day in, day out to the average cop.

and, really proud of the show. i think it does an important service because it just reminds people that look, if the only thing you look at is the worst possible thing all of the time you're just going to lose your sense of perspective. we're starting to see what happens when our relationship with law enforcement becomes frayed and overwrought. stuart: yep. >> and it's not pretty. stuart: can i take a moment to show our audience, tease our audience with a little what they might see to flight. roll that tape, please. ♪. >> up. >> bingo. >> so whenever she sat down there, that is her alert, that she found something. yes, good girl. >> in this line of work plans do change, fast. >> just got a call that we have to go to. >> looks like that parade sweep will have to wait until more urgent matters are attended to.

stuart: i will be watching mike, a great show. bring one other thing to your attention. look at this, 64% of people have switched jobs to get a higher income, 64%. mike, seems to me it's a great time to be a worker, you can choose your job to be in america these days. good stuff, huh? >> a great time to have a skill in demand. it is a great time to be willing to move. if you're willing to go to where the work is, plumber, steam fitting, welding, pipe fitting, carpentry hvac, i never seen anything like that. my foundation has been training those folks the last 14 years. right now the world is your oyster. story of a story of a story of six-figure tradesmen out there right now, working when it suits them. pretty remarkable. stuart: it is indeed. mike, we'll be watching tonight. "how america works with mike rowe," 8:00 eastern on the fox business network. the man with the best voice in

television, mike rowe, will be hosting. i always say to you, mike, you have a great voice. you are jealous, simple as that. >> if i only i had something to say, stuart, imagine how far i could go. stuart: sky's the limit, baby. >> take care. stuart: prices clearly on the rise all across the country and apparently this is forcing more retirees to go back to work. they have got to make more money s that right, ash? ashley: absolutely right. more retirees back into the workforce. the result can be positive and negative. on upside, older workers have legacy knowledge and skills often lost with early retirements. retirees contribute efforts to increasing productivity. it is good for society. plus work can be its own reward. but on the other side many retirees have been retired for a long time. they may be too old, fiscally disabled to return to work. but inflation is digging into fixed incomes. they may have significant medical expenses for example, some of which not covered by

medicare or other insurance. pulling people out of leisure and forcing them to work once again is note good for some and that leads to resentment. but you know, when inflation is absolutely putting off the cost of everything, sometimes retirees are faced with no other choice. stuart: absolutely. that is very true. thanks, ash, back to you later. ashley: sure. stuart: if the russians successfully take mariupol, then ukraine is cut off from the coast. kt mcfarland says that will be a dire situation. she will expound on that a little later in the show. she is on with us. texas national guard soldier missing after trying to save two illegal migrants from drowning. we have the latest details on the search for him right after this. ♪.

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♪. stuart: well, that is austin, texas. it is raining there and it is 65 degrees. not what you expect in texas at the end of april. anyway, to the markets, please. we still got plenty red ink to

show you. nasdaq up 19 points. dow industrials down 300. price of oil, way down today. it is well below 100 bucks a barrel. china is really slowing down because of the covid lockdowns and that affects the demand for crude oil and demand is down. so price down also. as you might expect the oil companies are taking it on the chin. losses of two, three, four percentage points for their stocks this morning. a texas national guard soldier is now missing at after trying to save two illegal migrants from drowning. anymore details on this, ashley? ashley: stuart, turns out the two illegal immigrants now missing texas national guard soldier, 22-year-old, bishop evans, tried to save them from the river. but the migrants turns out were involved, allegedly involved in narcotics trafficking. he went missing on friday in eagle pass area, where the officials say appeared to be

drowning as they illegally crossed the river from mexico to the united states. fox news tells the search for the national guard soldier, bishop evans is being treated as a drowning. with dive teams searching the water since the service member was not seen resurfacing from the very swift running river. two migrants in question, both customs and border protection custody. very sad. stuart: indeed. stay on the border, the governor of texas, greg abbott, still really, really angry what is going on there. what did he say, ash? ashley: texas governor says his state is it doing everything possible to try to contain a situation that he says is completely out of control. take a listen. >> texas is doing everything we possibly can to contain a completely out of control border situation. this is the worst i ever seen it. i will tell you this, something never happened before. that is the texas national guard, they have turned back more than 15,000 people who attempted to come across the

border illegally. ashley: the worst he has ever seen. that is saying something. the governor said texas negotiated deals with texas states, created its own border wall as much as possible. but more than 125,000 people were detained at the texas border alone in march. more than 20 states, including texas, filed a temporary restraining order to stop the administration lifting title 42 which is scheduled to happen on may 20 third. stu? stuart: watch out, ash, thank you. a new study shows alcohol consumption during the pandemic rose 14% for adults over 30, heavy increasing for women up 24%. our next guest has what might be called a solution to the problem. dr. roger crystal joins us, you're working on a nasal spray for alcohol use disorder. let me try to figure it out. if some one has a couple drinks,

they figure they might have too many, they want more, if they use your nasal spray, what happens? >> stuart, good morning. thanks for having me as a guest. we have a nasal spray and the active drug inside of this nasal spray isnal naltrone. people drinking or dependent isn't getting same reward for release of endorphines drinking alcohol. as a result, expectation, they will simply, subconscious phenomenon where they reduce their drinking. [inaudible]. stuart: they have got to want to take the nasal spray? it has to be a voluntary thing, right? >> absolutely. this is a significant ask. not everyone who is dependent on alcohol necessarily wants to

stop. almost 30 million in the united states with a alcohol use disorder. i will not depend our treatment will be useful for everyone of them. people with actual abuse have many different reasons and underlying issues that cause this behavior. but it is a huge proportion of patients who want to stop but today, don't have the tools available. stuart: if you're drunk to start with, and you use the nasal pray. stuart: will it sober you up? >> this isn't for sobering. unfortunately you will still have high levels of alcohol in your bloodstream if you're drunk already. the point of this treatment though is to intercept early -- [inaudible]. patients who have perhaps typically will -- eight or nine drinks before they know it in a very short space of time because they have a binge-drinking phenomenon, which is the typical heavy drinker. this nasal spray would be first used when they think about

drinking, once they start drinking. the beauty of this treatment, our expectation, it doesn't make them feel bad. not like other form of treatments make you feel like you want to die. this treatment will be extremely well-tolerated and the expectation subconsciously after a drink or two, they won't get the same reward, so i will put the drink down. that is the beauty here. stuart: when will this get to the market so that someone can buy it? and when it gets there how much does it cost? >> well in terms of where we're at in development we're in a face two study now, meaning we are -- stuart: okay. i think we lost the audio feed from dr. crystal. what you are looking at on the screen was narcan. that is their solution for overdosed people. what they're working on is this alcohol nasal spray which reduces your enjoyment of alcohol. i'm sorry we lost dr. crystal there. we'll get him back at some point in the very near future.

if you can hear me, dr. crystal. thank you for being with us. would like to hear more of your thing. the media has tried to cancel joe rogan many times. seems their efforts are backfiring. rogan's podcast has seen a massive jump in subscribers. we're hearing reports twitter is getting ready to elon musk's offer to buy the company. we have the latest on the twitter takeover next. ♪.

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stuart: where are those market this is monday morning? down for the dow. down a little bit for the s&p, up 40, 35 points for the nasdaq. kind of a split market today. do take a look please at penn national gaming. morgan stanley says buy them

because they're going to $51 a share. well that is working, they're up 3 1/4% right now. let's cover the rest of the markets for you. the yield on the 10-year treasury, down, below 2.8%. price of gold well below 2,000 bucks a lot. it dropped below 1900. 1984 to be precise. bitcoin, 38,000. gold tumbling, down to 9dollars a share. nat-gas, it is down. it is at 666, up nearly 2%. the average price of a gallon of gas still up there, $4.12 as we speak. twitter could finalize a deal with elon musk as early as today. kelly o'grady has the story, the latest please, kelly. reporter: hey, stuart. well the board is running out of options. the twitter reportedly met with musk this weekend and is poised to accept the offer of $54.20 a

share, amidst pressure from shareholders and muck coming up with over 46 billion in funding. what is going on with the stocks. about the deal, twitter has a bump. as price inches to what musk calls best final offer. this could cause problems. pressure between the billionaire's offer where the stock is trading. as that narrows it could sway shareholders on the fence against backing hostile tender elon is offering, squeeze the board for extra juice and mobilize beam against the bid to gobble up shares to drive up the price even more. what shares are willing to spend depends on the investment strategy. i spoke to a number of short-term investors, the prevailing theme they want twitter to take the deal and complete lack of confidence in ceo, parag agrawal. they think the-off undervalues the company. twitter performing their own valuation right now so they can

justify to elon and shareholders what the company is worth. one snag, even if a deal closes and centers on musk's troubles with sec if twitter establish sale to him they could ask for a sizable fee in case the deal falls through. twitter won't wait long. they have earnings thursday. could address the today. i would love to be a fly on the wall at twitter headquarters. employees were dreading mere thought. stuart: a lot of occasions i would like to be a fly on the wall. the board meeting is one of them. thanks, kelly. joe rogan has seen massive subscriber growth for his podcast. i guess controversy works for him, ashley? ashley: no publicity or any publicity is good pub policety. joe rogan claims the media frenzy over anti-vax conspiracy guests and pass use of the "n-word" netted him two

additional subscribers. he made the claim answering a question from british political commentator, douglas murray. take a listen. >> you have been put through the wringer. >> yeah. >> since they last met. they did a number on you. >> they did. >> it is interesting. >> wow. >> but my subscriptions went you have moose civilly. that is crazy. during the height of it all i gained two million subscribers. ashley: they're you go. we had more but that is pretty much says it. spotify does not publicly release rogan's subscriber numbers by the way but sources clarified that the show has been consistently growing since the podcaster joined the streamer. by one recent estimate, we said this before, rogan typically averages 11 million listeners per episode. not bad. despite pressure on spotify to cancel the podcast, musicians, we remember this, neil young,

joni mitchell pulled their music in protest, rogan continues to generate a huge audience. stu. stuart: rogan is catching up with us. i'm looking over my shoulder. we're kind of worried here. ashley: not quite. not quite but yeah. stuart: ladies and gentlemen, that's a a joke. thanks very much, ashley. see you soon. ashley: you're welcome. stuart: governor of florida rejected 54 math textbooks that included critical race theory. he is not stopping there. he signed another anti-woke piece of legislation. we'll tell you all about it. netflix reported it is first subscriber loss in more than a decade. joe concha says it is proof that people are tuning out woke content. joe is next. ♪.

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stuart: split market. the dow is down 270. that is a sharp selloff but the nasdaq is up 29, 30 points, a modest gain. split market. los angeles county sheriff alex villaneuva slamming woke

policies as crime soars in los angeles. ashley, spell it out. what exactly did he say? ashley: well the democrat sheriff was joined by two other sheriffs from southern california counties saying hopes there is a referendum on wokism in 2022. here's what he said. >> i think 2022 is going to be a special year. i think it is going to be a referendum on a national disease that is going to finally see a cure coming along. wokism is on the ropes. let's put it out of its misery in 22. [cheers and applause] my only goal is to make l.a. liveable again. ashley: that seems like a pretty decent goal. ville that safe with called out george gascon. he said the sheriffs department made cases arrested suspects, in

more than 13,000 days cases the d.a.'s office rejected, because of special orders, not lack of evidence. stu? stuart: next, ashley, the governor of florida signed the stop woke act. break that down. what is it all about? ashley: governor ron desantis signed a bill about the stop woke act, it stops schools from teaching critical race theory in florida. >> we believe in education, not indone trin ages. we believe an important component of freedom in the state of florida is the freedom from having oppressive ideologies imposed upon you without your consent whether it be in the classroom or whether it be in the work place. ashley: supporters say that bill is designed to expand florida's civil rights and laws and protections. critics therefore are, however, claim it prevents pieces of

history being included in florida's curriculum. well, desantis pushed back on that criticism saying it does not remove parts of history from florida's curriculum adding that florida will not tell a kindergarten they're an oppressor based on their race and what may have happened 100 or 200 years ago. take that. stuart: no wonder, the governor is popular in florida as you and i both know. thanks, ash. more on florida, the florida department of education has banned 54 math textbooks. 132 to choose from. 54 are out the door. joe concha is here this morning. what is in the books that they didn't like. >> critical race theory taught in a math textbook. stuart: how do you do that? >> i am not sure. common core also which desantis a, not a fan of. read media accounts you would

say he is unpopular because of all the negative press. you look at approval in florida, he is well above 50%. which is hard to do these days, right? we're so divided. and look, we're 25th in the world right now in education, right, in math, reading, science, writing. you know who is number one? china. of course. because they look forward. we keep looking backwards by teaching our kids all this stuff. i know as a parent of a kindergarten and a second-grader, i don't want my kids being taught about sexual orientation, gender identity and they're told they're oppressors. if we have the conversations that should be between my kids, my wife and our kids at appropriate time in our home. teachers should not be forced to teach that stuff. stuart: related issue, op-ed in foxnews.com, netflix exodus underscores mediocre woke content options. does that mean you think that netflix has a lot of woke offerings on its slate? rejection of that? >> sure.

watch the obama content sometimes on there, right? you don't see much in the conservative realm or anything right leaning. i think a series of factors netflix will lose two million subscribers this quarter. for starters hopefully in a post-covid world we're going out to movie nighters, restaurants, sighing other people as opposed to face time nonsense. the competition as overflowed the pool. think about amazon, hulu, peacock, paramount, apple tv, disney. those studios are keeping the content. not selling it to netflix. we're getting mediocre content and more woke stuff. stuart: cnn plus, you weep their exit from the streaming business? >> as somebody who worked in the business i feel sorry for people behind the camera that are not making a lot of money that don't have a job now. people in front of it are just fine. imagine having a show on a network like this, leaving, going to the streaming service, it lasts less than three

scaramucci's right? 30 days this is the biggest failure of all time, more than $500 million was spent on this, 23 days in announced it was gone. find me a bigger calamity out this outside of new coke. i think new coke lasted longer than this. stuart: i think so. i like the business about the woke business. netflix, too much woke stuff on it. i think wokism is in retreat. sharp edged retreat right now. >> as we see with joe rogan. people want honest think and authenticity like they get on on "varney & company." stuart: flattery they like to say is the mother's milk of television. see you soon. still ahead, look what we've got for you, pete hegseth, kt mcfarland, steve forbes. listen to this, please, china the place where keefe individual got started is now the place which is hurting the most from it. ironic, isn't it? for two years beijing credit their authoritarian system would deal with the pandemic instead

of chaotic, democratic america. it has not worked out that way. that is my take. that is next. ♪ ... your record label is taking off. but so is your sound engineer. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire

>> democrats are just beginning the massive civil war that republicans have actually been through. the republican party is so much healthier right now than they were 12 years ago, and a million times healthier than the democrat party is right now. >> twitter is a garbage business >> whoa. >> with shrinking margins that can't generate revenue. they can't generate the type of money that they need to make. >> everyone's waking up to the fact that chairman obvious powell has confirmed what other fed officials have hinted at. >> sometimes as an equity investor you have to take your lumps and you have to understand to make money you have to lose money. stay long but shorten your duration on your fixed income and go up channel. >> given the fed hangover, we're going to have one or two more solid smackdowns before your neighbor starts swearing off stocks. ♪ you make me feel ♪

stuart: cobra starship, well that's another new one on me, that is of course the statue of liberty nothing new about that, east coast time right now, 11:00, it is monday, april 25 let's get to the market i'm sorry to say there's quite a lot of red ink down there this morning just like friday, actually. the dow is down 400, it was down 980 on friday, so you're looking at a very significant two-day loss, and that's just so far. price of oil is absolutely tumbling. that's probably good news for big tech but look at it go down $96 per barrel, china locked down in the shanghai, new cases spreading to beijing, worries about a slowdown in china, less demand for oil, down goes the price, $96 as we speak. the 10 year treasury yield now this is a flight-to-safety. moneys coming out of stocks or all other kind of places going into the 10 year treasury because it's safe.

that puts the price up and the yield all the way down to 2.78%. that's the financial markets. plenty of red inka cross the board. let's get to ukraine secretary anthony blinken and lloyd austin met with zelenskyy in kyiv over the weekend that's where griff jenkins is right now. griff: stu, good morning it was the first visit by u.s. senior officials to ukraine since the war started and there were a couple of key takeaways. first secretary blinken announcing the u.s. will return its diplomatic mission with hope of reopening the kyiv embassy and of course the another announcement was secretary austin saying they are giving another $713 million of military aid and secretary blinken also offered an assessment of how the war is going. here is what he said, listen. >> when it comes to russia's war aims, russia is failing. ukraine is succeeding. russia has sought as its

principal aim to totally subju gate ukraine and its sovereignty and its independence , that has failed. griff: meanwhile, two republican members of congress, tim wahlberg of michigan and ukrainian-born victoria sparks are on the ground. i asked ms. sparks about this trip in her assessment of it here's what she said. >> i'm glad to see that secretary blinken is going to have some diplomatic presence back in ukraine, i was pushing on him to do that i think it's important for diplomats and for our country. i'm also glad to see that secretary austin wants to have more support and faster support for ukrainians. griff: it comes, stu, as russian missile strikes are occurring across the country with some in the west as well, ukrainian officials saying that five railway stations in central and western ukraine were attacked this morning and hit also key infrastructure. we're also following some video

out of a fuel refinery burning inside russia, but it's unclear exactly what caused that fire. some suggesting it could have been ukrainian strikes inside of russia. if that's true it'll be the second time that's happened since this war began 61 days ago stuart: griff jenkins still in kyiv, ukraine. thanks very much, griff. earlier this morning, i spoke to former boxing champ ladimia klitchko, whose a member of the kyiv territorial defense. he told me they need more support from the west. roll tape. >> obviously, we need to take care of our sky. if the free world cannot take care of it we're going to take care of it ourselves. stuart: are you getting any promises of planes, jet fighters or whatever kind of planes that will be required to beat the russians? >> russia needs ukraine but not the ukrainians. russia needs land but not the ukrainians so we need to

protect ourselves and for that we need your support. promises are there, but on our soil, we need to get it in our hands as well. stuart: kt mcfarland joins us now. kt, i was talking to mr. klits chko, he seemed reluctant to answer whether or not they are getting planes and how much aid they are getting. i can understand that because you don't want to come out and say hey, look what we've got but do you think we are getting the weapons that the ukrainians need? >> no, we've been slow to offer and as an escalation slow to offer more lethal defensive weapons but we've been really slow to deliver and the excuse is always well it's on the way, it's in the mail, it's coming but a lot of it hasn't reached the ukrainians yet but i thought what was really fascinating what he said to you is not only are they hoping to get more weapons and get them quickly, but he said russia needs ukraine, not

ukrainians. that's a key thing. what he's basically saying is that the russian plan is just to evacuate and level ukraine. they want the land. they don't want the ukrainians. stuart: if putin were to take mariupol and basically seal off ukraine from its coastal areas, he wins. he wins big because ukraine, they need a port. they've got to get their stuff out and bring stuff in and they can't do that if they are totally landlocked. is it possible that putin could still win like this? >> you know, it depends on what you mean by win. if win means he does get control of the black sea, odesa, mariupol, he already has crimea, yes that makes life really complicated for ukraine, but putin has already lost in the following way. what did he want to do? he wanted to take all of ukraine he hasn't done it. he wanted to show the great russian army that was going to control ukraine within three days, that didn't happen. he also thought that by invading

ukraine he would divide europe. that he would divide nato and show nato to be a paper tiger. just the opposite has happened. nato countries especially by germany are rearming. he also thought he would have blackmail ability over russia. russia would have blackmail ability over the economy of all of europe. well that's not happening, because the european nations are saying we don't want to be dependent upon russian oil and natural gas, we'll look for alternatives so while putin may have won that narrow victory , military victory over eastern and southern ukraine, he's lost the bigger picture, so he may have won the battle but he sure lost that war. stuart: i'm going to move on to something which many of our viewers will not know much about and that is the administration warning that the solemon island in the south pacific warning against any permanent china military presence there. can you explain the significance of the solemon islands in china? >> all right, so what the chinese are trying to do and what they've done for the last 20 years, we were distracted, in

the middle east, fighting losing wars in afghanistan and iraq and china used that period of time to take islands, uninhabited islands in the south china sea, they promised they'd would in militarize them but they did just the opposite and they turned into military basis, naval port, airfields and now doing the same thing closer to hawaii. they're taking the solemon islands which they bribe the leaders and promise them this and that but what they want to do is build a military base on the solomon island. their long range goal is to push the united states out of the pacific, push us all the way back to hawaii, maybe ultimately even back to the west coast of the united states, and why do they think they are going to get away with it this time? they got away with it last time. they think now we're distracted yet again we're distracted by europe and ukraine and russia, and we're not paying attention to the main strategic challenge to the united states, which comes from china. stuart: just the world's been turned upside down hasn't it, in

the last year, couple of months it seems like to me at least. kt, always, good stuff, thank you so much for being with us. we need your expertise. >> thanks, stu. stuart: thanks a lot. next case, senator elizabeth warren. she says democrats will lose the mid-terms if they don't deliver more. roll tape. >> i think we're going to be in real trouble if we don't get up and deliver, then i believe that democrats are going to lose. we are in an uneasy economic moment but i think talk of recession is way too early. stuart: steve forbes is with me. steve, i've got to say i think the exact opposite. if the socialists push through their agenda, democrats will in fact lose in a landslide this november. i'm pretty sure steve forbes is going to agree with me. >> [laughter] landslide may not be the word for it. the people don't want these massive new spending programs that don't work. they want the economy to recover they want inflation under control, and the democrats can't

deliver that. as a matter of fact the biden administration was touting that so-called infrastructure bill, oh, we're building infrastructure again, follow that by reimposing rules that cause months if not years of delay in getting these projects approved. thousands of pages will have to be filed now that didn't have to be filed before, so instead of moving ahead with infrastructure, they put barriers there, which is again going to hurt the economy, hurt supply chains, and means higher prices and a slower economy. stuart: what do you say to senator warren was saying she doesn't see a recession. well again, i disagree. i think there's a distinct chance of a recession if we don't get inflation under control and we spend a lot more money. last word to you on that one. >> that's going to happen the slowdown, unfortunately the federal reserve wants a slow down in the economy. they think that's the only way to control inflation, and i fear we're going to get more of a crash landing than a soft landing. the fed is in over its head and that's not good for the economy, so she can use whatever word she wants, but it means bad news for

the economy. stuart: my goodness me, we've got a lot of ground in the last 90 seconds or two minutes steve , you're a genius very good at this television business, steve forbes. >> thank you, sir. stuart: you're welcome, see you again soon, thanks, steve. you've got to listen to this one one university is looking to fillet job in the science department but they only want applicants who are transgender, non-binary, or too spirited, whatever that is, we'll try to explain it. google employees are sounding the alarm on a new data program that could soon help hitmen in saudi arabia. we'll explain that too. new speculation that elon musk may succeed in his bid to take over twitter. he's got the money and twitter is reportedly on track to reach a deal as early as today. pete hegseth will have a word to say about that. pete is next. ♪

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big problem. in fact, it's china's nightmare and it's hard to see a way out. there's a meeting this week, there's talk about easing some restrictions because the folks are getting rebelious. if they do that, covid spreads more rapidly, but keeping them locked down and the opposition to xi-jinping can only grow, nightmare. truth is, the communists handl ing of the pandemic has failed, but communists can never admit to failure. we're all affected by it. if their factories shutdown, we can't get the parts and supplies we've gotten used to. china and covid are now hitting markets and economists all around the world abdomen there's no solution here. china now threatens the world economy just as it threatened the world's health two years ago look whose here, the man himself , prolific author, dynamite anchorman, pete hegseth great to see you. pete: great to see you, stu. stuart: i shouldn't be laughing because this is really serious. i don't see how china gets out of this mess and the communists can never admit failure.

pete: no they can't. they were never held to account for the first go-around two year ago so they don't see consequences for them. the consequences they realize are internal and not from the virus. ultimately when you've blocked natural immunity the way they have it means it'll keep ripping through and their vaccines have proven to be ineffective but the communist party can't admit failure because they as you said in your opening, they had the premise to their population, that the communist system is superior to the x-ray "ic chaotic democratic west, they have a covid zero policy, we don't tolerate one case and if we do we lock you all down and the entire city until it's eradicated. eventually, first of all it doesn't work, it prolongs the crisis, and but they can't shift off of it and it reminds me, we have a light version of that in our blue states versus our red states but look at our red states in florida how they've come out of this much more robustly and on the health side the data is now saying they actually did better in red states than in locked down blue states is it's all bad news for

china, but unfortunately, it does affect us, and so far, this administration is completely unwilling to hold china to account for anything, so we're riding the high sea. stuart: i was in florida over the weekend and it's like day and night from red states, i mean just an , blue state i should say, a wonderful place and i'll move on and talk about elon musk and twitter. pete: okay. stuart: it looks like a deal with musk and twitter could be reached today. well if we got you, pete, i know you want to talk about this. what do you see , what do you think musk could do with twitter to make it better? pete: you know the economics of this. i hope he does take it private so they have the ability to do with full latitude to do what they want. just bring it back to a neutral platform. i hope he doesn't, you know, he said the other day, if 10% of liberals don't like what we're doing and 10%, i hope it doesn't go to well we're going to start censoring and banning this 10% and that 10%, ban equally. i hope it turns it into an open field where only the most extreme, if you're threatening violence against someone or

something. stuart: he's got to have content moderation. pete: there has to be something but start by saying trump is back on, all these other people are back on, and we'll have a conversation and our default is going to be not to block, not to shadow ban, here is all our algorithm, the left will absolutely freak out in this. it's net positive, if he buys this company it's all a net positive, because he's going to make it better than it is right now and hopefully it invites people of skeptical to come back on the platform. stuart: if he makes it a real town square. pete: he will have to be aggressive. look at his tweets recently. they have been really aggressive maybe could get him banned on twitter if he weren't so prominent. they have been aggressive and he will have to take the same approach to just given a total stiff arm to the left wing authoritarians who want to continue. stuart: one of our reporters earlier said i'd love to be a fly on the wall when this news hits the twitter workers because there will be an eruption. pete: and he's going to have to clean house, because you can't have that corporate culture and make this kind of change.

it's like me buying cnn and saying we'll have a conservative network now, guys. it's not going to work. the newsroom will revolt, right? same thing with twitter you'll have to have a cultural change in the type of management and even the junior level at twitter will take a long time. stuart: did you know there's one board member on twitter, he's been there for four years, his name is robert zolick. did you know he has never ever issued a tweet and never said i like anything on twitter? pete: i bet he gets paid i don't know what, 3 million bucks? stuart: i think it's a couple hundred thousand bucks a year. pete: that's the disconnect elon musk is talking about between the board and the shareholders. stuart: exactly, you've got another book coming out haven't you? pete: yes, sir it's called " battle for the american mind" it comes out in june. stuart: how do you do this? pete: passionate about it, stuart. stuart: how do you work 24 hours a day because you do? pete: i model my life after you

because you do the same thing but in this case it's about education and the 100 year progressive takeover of the k-12 classrooms. you know the craziness you report on all the time the gender and racial-based stuff, didn't pop-up out of nowhere and it was the early progressives who started by removing god and started by consolidating turning into social sciences. it's a fascinating story. when you read it you realize every school we went to in america, public or private, progressive, unless very intentionally different and we provide the solution for families parents and grandparents to fight back. if we don't change our classroom we can't win our country and culture. stuart: i take it i can pre- order now but when can i get it? pete: pre-order it right now and get first in line to get it junt we're just revealing the cover i won't brow beat everybody with it, we're just getting it out there with your friends like you , to let people know. stuart: can i buy it in bitcoin? pete: absolutely. i should figure that out. how much i talk about it that might help me too. stuart: hegseth i do believe

you're all right so come back and see us soon. pete: will do. stuart: let's look at some of the market back to the market now the dow is down 340, some of the movers include the match group, you know dating guys? they are leading the nasdaq and the s&p 500, they have a gain of nearly 6% and they're likely riding on twitter's momentum, believe it or not. show me kellogg, obviously, the cereal people. just downgraded by deutsche bank worker strikes and inflation are the problem, and the stocks down 1.3%. how about walgreens and teva, pharmaceutical folks. both companies are headed to court today. san francisco accuses both of them of fueling the opioid crisis in that city and both are down. google investors warning against a new project in saudi arabia. ashley, is this the hitman story? ashley: it is, investors are concerned about a major cloud computing center that google is developing in partnership with

saudi aramco, the state oil company and the project was first announced back in 2020 with google saying it would help saudi customers to grow their offerings in the market, but the shareholders say that google, whose corporate code by the way of conduct tells employees don't be evil, cohen able the saudi government to spy on activists, journalists and perceived enemies of the state and they also see the brutal 2018 murder of jamal kashogi is evidence the saudi government shouldn't be trusted and this issue is expected to come up at the annual shareholder meeting in june should be interesting. stuart: yes ash, thanks very much here is what's coming up for you. the nascar race in talladega ends with the winner smashing a watermelon on the ground we'll try to explain that one for you. congress returns from spring recess today. they have to talk a lot about rising inflation and what they can do about it. stephen moore has a few ideas on that, stephen is next.

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stuart: have you heard this one? >> i have. stuart: susan li is with me, and she has heard this particular song, it's please, please, me by the beatles one of the very earliest songs, and it came out in 1963. wow great year. stuart: absolutely, well-said young lady and by the way that is ocean city, new jersey. 54 degrees, not exactly beach weather i'd say. if you like the music we play, follow us on spotify, just search "varney" & company. all right, back to the markets, please. i see the dow is down 370, add that on to friday's loss of 980 and i guess you've got almost 1,400 worth of losses in just 36 hours. >> well that's better than the futures because this morning we were waking up to a 600 point loss so we've cut that in half and some would say given what's happening in china, the world's second largest economy this is better than anticipated. stuart: i think you're quite right about that good to see it come back at least a little.

you've got to tell me about twitter. >> look at the out performance, $43 billion looking good in these bear market conditions last week 54.20 not good enough and twitter's board said that under valued the company, and the business, but now, it might be good enough for preliminary acceptance as early as today, especially as there's no higher bid right now, so my favorite tweet, and this takes us back to the 1980s from elon musk, over the weekend and it kind of hinted at something, don't you think? he said the barbarians are at the gates and you know that's a reference to 1988 in a famous kk r takeover, hostile takeover and that was the largest leverage buyout at the time of $30 billion in the 80s which if you inflation- adjusted that's pretty high compared to now so this $43 billion possible acceptance has anthropologies ill airy trade taking place. look at the other social media companies i'll throw in meta, dw ac is down, truth social

, the spac is selling off pretty heavily, down 10% if elon musk steps in, maybe a pivot in the model, the business model, if there's less of a shall we say clamp down on free speech, and if the trump account gets reinstated that would probably hurt truth social. snap is actually up because we did see them gain users in the first quarter, we're expect ing that maybe meta will do the same thing when they report results later this week. stuart: nobody upsets the apple cart quite like the richest person in the world, chucking his money around. >> let's talk about the money because i think tesla is still down in the session, it actually opened at a one-month low this morning, because it had that knee jerk 4% drop when that news was announced of reports came out there could be a preliminary acceptance of the deal, because again, 43 billion, 46 billion you want to throw in the outstanding debt and bonds to be covered, most of that is backed by tesla stock and options that elon musk owns, and so where is this money going

to come from if it's $21 billion in cash, and then the $25 billion in loans is back against half of that is backed against this tesla stock and options is going to sell? that's a lot of volume coming on to the market if he sells, and there's a cap against how much he can borrow, so will he be forced to sell shares? stuart: maybe it's not just the money side of things. you've got to look at musk, if he now were to run twitter, can he handle twitter as well as tesla, spacex and heaven knows what else? the man is spread so thinly, maybe there's some thought that maybe he can't handle tesla. >> well that's what i said when initially he announced the take over offer. does he have enough capacity to spread himself through a trillion dollar electric car company, $100 billion space company and spending another $40 billion on social media company? i also don't understand the rotational trade as well because high value, high growth is probably in the electric car company in tesla and spacex. i feel like social media especially twitter has under

performed. stuart: no one arrests the attention of american business quite like elon musk. >> exactly. stuart: nobody. not even close. good stuff, susan thanks a lot see you soon. congress returns from spring recess today. they are going to be talking a lot about inflation want they might do about it. stephen moore is with us, he's an economist who knows a thing or two about inflation. here is my question, stephen. is inflation the fed's mistake? >> well sure, it is, and i've been saying for nine months on this show every monday, stuart, that the fed has been way behind the curve. this isn't monday morning quarterbacking. you can see that inflation rate which 14 months ago was at 1.5% and then 3 and then 4.5, 6, 7, 8.5% now and really as i look at the indicators right now i do not share the fed's confidence that we have reached pekin population. i mean, they have been wrong, wrong, about the transitory

nature of this so i'm worried but there is another component to this that people are missing, stuart, and that is the fiscal component. we have borrowed and spent and printed trillions of dollars in the covid era. i see biden just over the weekend announced he wants another $10 billion for covid. all of that spending and all that money printing is clearly contributed to the inflation problem and there's not a lot the fed can do about that. that's congress' problem. stuart: what's worrying me on the markets and the economy at the moment is china. the lockdown in shanghai continues, new cases in beijing, they are testing 3.5 million people there, there could be a lockdown there, the supply chain interruptions are extraordinary. i mean, china is a real concern for our economy right now. correct? >> no question about it, stuart in a couple of things that are so disheartening about this , one is i was just watching your report on what's going on with

china with these lockdowns. have the chinese not learned anything at all over the last two years from the united states and other countries? the lockdowns are a completely ineffective way of stopping the spread of this terrible virus. stuart: they can't retreat. >> that's frustrating in and of itself. you've got literally millions of chinese who have been basically in prison in their home, it's like a human rights violation but in terms of the economic aspect of this , no question. and i've got to tell you, cover ing capitol hill and the political class in washington, there is more and more frustration right now, stuart, about why don't we bring some of this manufacturing back home so we are not dependent on the chinese and some of these other countries that are unreliable so i think there are going to be long term implications for the chinese economy given the fact that they become an unreliable trade partner. stuart: that's exactly what trump wanted to do, bring back the manufacturing. >> exactly. trump recognized it before anybody else did. he was the guy who got tough with china.

i don't see that from this administration. stuart: no, we don't. stephen moore, always good. thank you, sir, see you next week. >> thank you, stuart. stuart: a university is looking to fillet job in their science department, but only very specific candidates can apply. ash spell it out what are the al qaeda qualifications required? ashley: you have to be one of four specific groups, self- identify as a woman, transgender, non-binary or too spirit, i looked it up it's a gender variant that derives from native american culture, those are requirements specified by the university of waterloo in ontario, canada that announced an opening for the tenure track position in the schools faculty environment and even though the university is a public institution that prohibits discrimination based on gender it can implement special programs under the ontario human rights code designed to help people who experienced in

equality or discrimination. if you're thinking of applying it's too late. the application deadline was april 22 but just now making it into the headlines. what do you think of that? stuart: because of places like fox, that's why. nobody else is going to. we'll take it on. ashley: that's true. stuart: ashley, you sir are all right and we'll see you again soon. here is a headline. your next flight might be a pus ride. the pilot shortage forcing airlines to hire coaches to shuffle passengers back and forth, yup we've got that story. a new show tells the story of families finding, buying, restoring and surprising their parents with the car they once owned and loved. restoration city. now this is a new show, called " my dream car" and it debuts on fox business and we've got a preview for you. ♪ get out of my dreams, get into my car ♪

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stuart: dow industrials down 400 points, nasdaq down 64, s&p down 60 points. basically it's a follow-up from last weeks's losses heading further south. let's change the subject. here we have ross chastain, the winner of the geiko 500. ashley, why did he smash a watermelon after he won, do you have an explanation for this? ashley: [laughter] because it's fun. actually it's great. in celebration, chastain performed his signature celebration climbing on his car and oh, yes as you can see smashing a watermelon, all in tribute to his family's eight generation long history of farming the fruit in florida how about that as for the race, chastain was in the third turn as kyle larson pulled out to take eric jones for the lead but jones lost traction, slowed down

trying to block larson and opened the door for chastain to dive inside the two and had that dramatic win, there it is. the win by the way, chastain's second cup series victory both of the season and his career, austin dillon finished second ahead of kyle busch and the pumpkin or the grapefruit or whatever it is, the watermelon was smashed. stuart: how many times have you met an eighth generation farmer in florida? they don't grow on trees you know. ashley: that's amazing, it be a big tree. stuart: on a related note, the new fox business prime show is called "my dream car" and it debuts tonight, 9:00 eastern. the show takes a classic car which is then restored in secret by a friend or family member. here is a preview, roll it, please. >> i seen this undercover. i want to go up and rip it off myself. >> let's see it. >> we can do that, brian, you ready? >> oh, my gosh.

>> wow. >> is this the right color red? >> this is the right color. stuart: well here with me now is the host of "my dream car" danielle trotter, who joins us here in new york. have i got this right? you find an old car, kind of beaten up, and you find relatives who want to restore it for mom and dad or grandparents that's what you do? >> that's basically the premise , yeah, it's pretty cool. i feel like parents have these cars that they fell in love with , these iconic cars in the muscle era, right? the chavelle and firebird and mustangs and when cars were cool and customizable and then it sits in the garbage and you have college bills and the car collects dusts and you don't keep up with the work that you have to do to maintain it and then we get to this point. stuart: how do you find people who have an old really wonderful car but needs restoration, how do you find them? >> you'd be shocked it's much easier for us to find these families than you might believe.

we went to social media. we went to great classic car facebook pages, and folks that love going to car shows. we got on the pages of all the social websites of people that love classic cars and said do you have one you want to restore for somebody you love? and the submissions came flooding in. stuart: how did you keep a secret from mom and dad or whoever? >> that part is very difficult. it's very hard to lie to parents for months and months and months stuart: very true. >> we had to sneak it out very carefully and say oh, we're just cleaning out the garage, don't worry about it. it'll be back soon, they had no idea. we were able to pull it off. stuart: was that a mustang? the red car? >> yes, we have a beautiful mustang you're going to see and it is one of the most beautiful cars. this is a 1,968 firebird you're looking at tonight, this is episode one that premiers at 9:00 p.m. eastern and it is black in primer now but it'll be ferrari red by tonight. stuart: that's tonight, ferrari

red, my dream car, danielle trot ter, watch it tonight, 9:00 eastern fox business prime. >> thank you, sir. stuart: i just got my own two cents worth, season two of my fox business prime show, " american built" premiers tomorrow. have a look at this , roll it. >> you don't replace the mona lisa, you renovate it to keep it alive. >> big risks. >> he was an average business man. >> high stakes. >> can't let that happen under my watch. >> bad luck. >> they got punished by the gods of baseball. >> the making of an icon. >> it's unlike anything else in american sports. >> every change is prompted by something mem oral memorable. >> it's hard to imagine, right? but it was almost gone. >> pulling it back off the edge of the cliff. stuart: fenway park.

how about that, a guy with a british accent does a story about baseball in fenway park park in boston, but "american built" season two premiers tomorrow at 8:00 p.m. eastern followed by the new show," billion dollar idea" at 9:00 and that's tomorrow on fox business prime. now this , the u.s. pledging to send more military aid to ukraine, as the war enters its third month. my next guest is rebecca coffler , they says putin underestimated zelenskyy's ability to get support but will that support be enough for zelenskyy to win this fight? more "varney" after this. one-mn stitchwork master. but your staffing plan needs to go up a size. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire we got the house!

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stuart: an inexplicable tweet from elon musk just into us, and be my love in the rain. that maybe a reference to a poem by robert frost called "a line storm" and we're not really sure no idea what it's all about, but that's elon musk for you. have a look at twitter stock, in light of this , oh, not much change it's actual up about 4%. look at tesla also has that been affected but no it's not still down just below a thousand bucks a share but another odd tweet from mr. musk and there's this

too. the pilot shortage, so bad that airlines are now replacing plane s with buses. american airlines transporting passengers by bus between philadelphia and nearby cities. united doing the same thing in denver, united says it'll be five to six years before there's any relief. lockheed martin settling a strike, a union, a dispute with union workers in texas. ashley? were these guys working on the f-35 jet because that's a big deal. ashley: yes, stuart, you're absolutely right. union members at lockheed's f-35 fighter jet plant in fort worth voted to ratify a new contract that includes wage hikes and improvements to retirement benefits. approximately 5,000 members of the international association of machine and aerospace workers, district 776 voted for the deal. we'll see them receive a 16% effective general wage increase over four years. cost of living adjustments a $ 4,000 per person ratification bonus and maintaining the union

's healthcare plan. not bad. lockheed has said though rising costs to build the f-35s has bogged down contract talks with the pentagon. negotiations over the new labor deal have been going on since february but the new deal takes effect april 25. stu? stuart: thank, ash want to turn back to ukraine and bring in rebecca coffler, a former defense intelligence agency officer. rebecca, it looks to me like it's zelenskyy vs. putin in a pr battle. in your judgment, is zelenskyy winning, and if so, why? >> zelenskyy is clearly winning the hearts and minds, stu, of the entire western world. he has brought to this battlefield his primary instrument and that is, his remarkable ability to use modern technology, social media, that is galvanizing the entire western world and providing support to ukraine in this

unfair fight against russia stuart: but a pr win is not necessarily a military or diplomatic win, is it? >> no, it's not. despite all of the tactical mishaps and the abysmal performance of the russian military, putin so far is achieving his goal. remember his primary goal is to prevent ukraine from becoming a nato member, and he's achieving that by fracturing ukraine. one of the primary requirements for nato membership is territorial integrity and sovereignty and as long as putin is prolonging this conflict, even if he grinds it down to protracted warfare, he still achieved his goal of preventing ukraine from joining nato. stuart: okay, at the moment, does it look like putin could still win militarily? >> as long as we provide

military assistance and the tremendous weaponry that we're supplying to ukraine, putin is not able to achieve military victory in the definition that we are used to in the western world, but on top of that, zelenskyy has displayed tremendous skillful statesmanship and he is galvanizing his people to fight putin with all that they have, so no, the russians cannot achieve victory. stuart: you kept it short, but very much to the point and we love that rebecca koffler, thanks very much for being here, thanks a lot. >> thank you. stuart: look at it, 11:55 time for the monday trivia question and here it is. in which state is the world's oldest rollercoaster? is it pennsylvania, new jersey, california, new york? the correct answer, after this. his allergies were going away

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just 25 bucks a month, no contracts, no hidden fees... what do you say to that?! (mom) shhh... (vo) right, you enjoy that internet. verizon is going ultra, with home internet at our best price. stuart: all right. we did ask the question, which state, in which state is the world's oldest roller coaster. ashley, guess, please? ashley: i would say pennsylvania or new jersey. don't know why. i will go with new jersey. stuart: i went with pennsylvania and i think, i'm right. ashley: okay. stuart: did you hear about this, ashley? the dips coaster was built in 1902. it is in altoona, pennsylvania. you can see it right there.

it goes downhill. the great speed of 10 miles per hour. it has no seatbelts or lap bars or head rests. my, what fun. ashley: thank goodness only 10 miles-an-hour. stuart: that is my kind of roller coaster. i don't do roller coasters but i could do that one. thanks very much. much obliged. for you. jackie deangelis in for neil. david: thank you, david. i'm jackie deangelis in for neil cavuto this is "coast to coast." we'll hear from tom homan on the current crisis at the border. pressure, the white house is facing over title 42. and this is governor tate reeves is here to discuss the bill that will ban institutions, agencies,