cheryl casone from foxbusiness, coming right back. ♪♪ celebrate good times come on ♪♪ ce so i only pay, this isn't a hot-dog stand? no, can't you see the sign? wet. teddy. bears. get ya' wet teddy bears! one-hundred percent wet, guaranteed! or the next one is on me! only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ >> four doctors slamming the cdc saying research on schools reopening was misinterpreted. jillian: cheryl casone joins us calls to get back in the classroom. >> across the country, good morning to both of you. doctors writing in our bed, the cdc guidance on reopening schools, it is an example of fear, not science, the reason children are not at significant risk, viral spread is minimal in schools with safety precautions, no science made 6 feet of distance with kids wearing masks and no evidence of spreading through in person, president biden said he would listen to science. airline slammed the cdc which is saying whether you are vaccinated or not you shouldn't fly. airlines for america says that is not only confusing guidance but science confirms low risk o

i'm cheryl casone, i'm in for maria bartiromo. it is monday, march 15th.wealth tax on the table after defending the $1.9 trillion relief package and downplaying the inflation threat. taking a look at markets on your monday, we do have some green arrows to show you, luckily. the dow is up i 116, nasdaq up 30 and a quarter. last week the dow, s&p 500 finishing with a boom in the record territory. boosted by reopening optimism. the nasdaq finishing up for the weekending a three week streak of losses. nice to see green arrows for the nasdaq last week. european markets also in the green on your monday morning, taking a look at the ftse and the cac and the dax are all moving fractionally higher n asia we had a mixed bag. the kospi down. "mornings with maria" is live right now. and some of the top stories we're watching for you this morning. president biden is reportedly looking to implement the first major federal tax hike since 1993. it's going to help pay fors his next long-term economic program. that's according to bloomberg. treasury secretary janet yellen s

cheryl casone now with more details. cheryl.ons are not true and he believes the investigation is part of an effort to extort him. gates speaking out on tucker carlson tonight. watch. >> it is a horrible allegation and it is a lie. the new york times is running a story that i have traveled with a 17-year-old woman and that is verifyabley false. i've not done anything improper or wrong. cheryl: gates says that he is being threatened in a $25 million organized criminal extortion scheme involving a former justice department official. no charges against gates have been filed. well, small businesses getting an extension to apply for the paycheck protection program. the deadline is now may 31st. after president biden signed it following its passing in the senate last week. this year alone, 2.4 million loans worth about $165 billion have been approved through marc. well, the demand for athleisure driving a solid quarter for lululemon, up 24% from the staple period the year before. online sales surging 92%, women's sales seeing a 19% ju

it out, the s&p was up 10 at one point during the show, we're up almost 30 as i hand it off to cheryl casoneheryl: i knew i liked you, charles. i agree with you on spacs. we're right there together. charles: thank you. cheryl: thank you the, charles. have a great weekend. we are starting with some breaking news. the u.s. navy if is headed for the suez canal trying to clear the empire state building-sized car go ship that's currently blocking that trade route that carries about 10% of the world's goods. naval experts and engineers headed to egypt to try to dislodge the ever given from the key maritime channel. some economists worry this could disrupt the global recovery by billions. well, oil is a big story on the heels of the suez canal. as you can see

cheryl casone with the details now, cheryl.aria, good morning, opening arguments start monday in derek's' trial. the court completing jury selection after 11 days. there's 50 jurors, 12 jurors, 9 women, 6 men and they have two alternate and extra who will be excused monday if the others are able to serve. the trial expected to last a month. chauvin has pleaded not guilty. egypt's canal, the busiest route being turned into turmoil after large cargo ship blocked traffic in both directions. the massive vessel ran ground and other ships being diverted to another channel. no reports of injuries luckily but not clear to ship will move and resume course. well, amazon tapping adam to be the next chief executive of web services. he will replace andy who will replace ceo jeff bezos later in the year and returning after leaving after 11 years to become ceo of tableu software which was eventually bought by sales force. finally this, after a trading for instancy in the stock that rocked the street gamestop shares taking a hit. they missed s

cheryl casone with those details right now. cheryl.facing third degree murder charges video of the former police officer kneeling on george floyd's neck for nine minutes last may sparked national outrage and it will likely serve as a focal point for prosecutors vimg l held by floyd's family yesterday as crowds gathered outside the minneapolis courthouse well hundreds of arm and rioters defending on state capitol yesterday three people were arrested and clashes during a freedom rally in salem one man reportedly pulled out a gun showing that extremist group surrounding man's truck they also threw balloon and pointed green laze rs at other ifer drews and a truck window impaled by a tree limb finally this recall will tell you about this morning volkswagen recalled more than 150,000 audi a3 to do air bag and might not activate in event of a collision the model affected include this sedan and all built between 2015 and 2020 maria. and those are some of your headlines from the newsroom this morning. back to you. maria: cheryl thanks so much.

cheryl casone with details there. cheryl: that is right.secutors filed an appeal to reinstate a third degree murder charge against derek chauvin. the judge expects jury selection to continue today unless the court of appeals intervenes. he is charged with second degree murder and manslaughter in the death of george floyd last may. zoom founder donating 40% of its stake, after shares more than tripled last year. the gifts were given to unspecified recipients. let's take a look at that stock. again, a big performer last year during the pandemic. the stock is up more than 4 and a quarter percent this morning before the bell. and if you are in the market for your very own private island, okay, you're in luck. saint andrews island, the largest private island in the bahamas is going to be up for auction later this month. you can enjoy 730 acres of white sand beaches, views of the atlantic ocean and it's just a 10 minute boat ride to the nearest town. you can take your own plane and fly. opening bids set to be around 19.5 million. that's the openi

overnight in a tornado touching down in georgia amid a deadly outbreak across the deep south, cheryl casones, cheryl, good morning to you. cheryl: that is right, maria, and good morning and at least 5 people were killed in alabama yesterday after more than a dozen tornadoes were reported in that state alone. one of those torrents reportedly traveled over 100 miles. the violent storms destroying homes as you can see, trees and power lines. a police officer was struck by lighting while setting up flash flood barricades. now the region is bracing for another storm that's coming through the area this weekend, possibly on the same exact track. well, we've got breaking news this morning. wework has agreed to go public via spac, the company plans to merge with acquisition according to report in wall street journal, would value wework at $9 billion and that does include debt and deal confirmed after 2 years after high-profile failure to go public with ipo. the federal reserve putting limit on temporary dividend payments and share buybacks for most u.s. banks, the fed started limits during the depth

cheryl casone with details now. cheryl: that is right, maria. comes as calls for the governor to step down after three women accused him of sexual harassment and over his handling of nursing homes during the pandemic. the administration is now facing investigations into both scandals. well, the chairman of mining company rio tinto is stepping down over the company's destruction of a 46,000-year-old sacred site in australia last may. the site contained artifacts signals the site had been occupied by humans. thompson is the fourth to leave due to this incident in australia. well, an important warning for pet owners. seresto pet collars are reportedly making thousands of pets sick and in some cases killing them. the collars work by releasing small amounts of pesticides onto the animals. the epa received nearly 1700 pet related death complaints, 75,000 incident reports related to these collars. the agency has yet to issue an official warning about them. and finally, volvo has become the latest car maker to become fully electric, planning to fulfill

cheryl casone has details. ge floyd justice and policing act would ban choke holds and eliminate qualified immunity for law enforcement. if signed into law, money from nationwide police department woulds be redirected to fund community based programs. as for house business, today's votes have been canceled after officials received information about a possible security threat at the capitol. well, facebook is lifting its ban on political ads and that starts today. the company made the move right after the november election. facebook saying at the time it wanted to slow the spread of misinformation. the ban was partially lifted after the georgia senate runoffs on january 5th. google lifted a similar ban last week. well, the ceo of the texas power grid fired overnight. part of the continuing fallout after last month's massive winter storm that left millions without power and heat. bill magnus will serve in the role for the next 60 days to work with leaders and regulators on potential reforms. this comes as the powe

here's cheryl casone with details. cheryl: good morning, maria.urs of interviews and a process that could take weeks. an appeals court has yet to weigh in on whether jury selection should be paused while the defense asks for a review over a third degree murder charge, derek chauvin is already charged with second degree murder and manslaughter. the vision fund could suffer from a collapse. softbank injected $400 million into the company at the end of last year, in addition to 1.5 billion invested in 2019. 2019. credit suisse froze investment funds critical to the operations. disney's long-time leader, bob iger, will officially be stepping away from the company in december after 16 years. he resigned as ceo last february, just as the pandemic began. but he stayed on as executive chairman in a very hands-on role. disney and ceo bob chapik announcing 100 million disney plus subscriberses in the first 16 months of the operation. stock is up about three quarters of a percent. those are your headlines from here. back over to you. maria: all right, cheryl

cheryl casone he is on all of that. cheryl: it makes sense what you are talking about.e dow, 264 on the dow, we gained 200 points in the last hour, s&p is positive by 31, nasdaq within correction territory, 90 minutes to go is now higher. you want to watch names like apple, amazon, tesla, those are the stocks pressuring the textile office we saw earlier with technology stocks reacting to particular bond yields. there is microsoft, alphabet, facebook and amazon and apple are red, the other 3 in the green. this is a big market story and that is why the official comments play into this, yields drive bond prices, have rallied recently as the economy is recovering but you have potential for inflation playing into the fear that there is more inflation, that could push the fed at some point to raise interest rates but said officials downplaying that. the 10 year which we've not seen since last year, bond yields extending decline in the last few weeks but one.5% which is down point by basis point, yields drive bond prices. i want to look at tesla. it is lower as you can see by

cheryl casone.uote, a lot more could be done with immigration as homeland security secretary alejandro mayorkas said that the border is, quote, closed as attempted crossings surge. a lot of people debating what he said there. fox news is reporting that customs and border protection is planning to release some migrants without court dates while other reports indicate hotels are housing some migrants as the numbers climb. we're up to thousands of people showing up at the border every day. i spoke with former white house senior advisor steven miller yesterday about the dangers at the border surge. >> according to my best sources, roughly 80% of family units that arrive at the border are likewise released into the u.s. interior. we have an open border right now in this country. and as far as nancy pelosi saying this is values based, what value, what humanitarian principle is served by rewarding and encouraging the brutal monstrous trafficking of minors, what value or humanitarian principle is served by

cheryl casone with the details. you know we've covered this story. eaded back to japan now, in japanese custody. cheryl: it really is, maria. good morning to you. michael taylor and his son, peter, landed near tokyo overnight after being arrested by japanese authorities following their extradition from the u.s. you spoke with michael taylor back in november. let's take a listen. >> our attorneys are doing the best they can but it's a difficult situation because you don't have the same constitutional rights with the extradition treaty between the united states and japan as would you as a normal citizen. cheryl: prosecutors say they helped the former nissan chairman escape the country in december of 2019. ghosn was hiding in a box and a private jet before reaching lebanon. last month the u.s. appeals court denied a delay to the extradition. united airlines put in an 0rd or for 25 new jets as it prepares for a possible travel rebound. united has a firm commitment for 188 maxes, let's take a look at united in the premarket. stock is up more than three qua

todd: cheryl casone joins us with the latest. >> reporter: a pulitzer prize winning reporter plans tochigan governor gretchen witmer to release information on covid-19 nursing home def data saying on twitter that he at the mackinac center, michigan free-market think tank are preparing a lawsuit against her tweeting, quote, we are preparing a lawsuit against governor witmer of michigan to turn over covid-19 devastating and accurate nursing home numbers to the public. all the way to the supreme court, also saying in a statement the public has a right to know if we could not protect them, we deserve an explanation from madame governor. republican state legislators recently called for a full investigation into witmer's actions, they say they are discrepancies in the data surrounding different cases in the state's long-term facilities and questions being raised over a payment to witmer's on a permanent director who resigned suddenly in january, robert gordon is such to receive 155,$000 payout with no explanation as to why he quit, gordon was built director and played a key role in michigan

todd: cheryl casone has a live report. >> reporter: state-sponsored chinese hackers targeting microsofties. attacks on microsoft's services in the spotlight, law firms call think things and defense contractors. >> office of management and budget still need to be the leader. >>, and they are joe manchin coming out against her. there is no path forward. carley: the latest attack on the oil and gas industry. todd: if you live in california, a little more challenging, the city has banned construction of any new gas station, making any news stations, expanding or reconstructing stations. the first us city in the country to do this. they want drivers to buy electric cars. that is their way to force you to buy. carley: more charging stations, less gas stations. i rode in my first tesla this morning. i didn't know it was one but i had a suspicion because it was sleek and adorable. what kind of car am i in? it was a tesla. >> reporter: they are pricey. that's my concern about californians. a lot of folks can't afford these fancy vehicles. what are you going to do? carley: thank you so much. nba

carley: griff: cheryl casone has this story, what is going on?arned teachers in san diego teaching migrant children in person instead of their own students. the district spokeswoman were told they could conduct in person learning during spring break at san diego county supervisor says the san diego county board of education sending teachers for in person learning for the migrant children at the convention center is great. in person learning for them, wish every child in san diego county was allow the same opportunity because that does not happen in san diego. griff: a teacher is blaming white supremacy on the reason some parents want their kids back in school. is >> reporter: blaming white to privacy is the reason schools reopen. by schoolteacher at jfk high school wrote this on social media. especially grateful for parents, the level of white supremacy was the next door apps and this is not a country club, teachers not waitstaff, district sensitive comments, cities or policy, we should add the school reopening is set to begin on april 8th. griff

carley: cheryl casone joins us with more. >> police and protesters clashing in los angeles overnight echo park where a large homeless and cam and has been erected during the pandemic, protesters threw bottles at officers. michael moore tweeted those inside the park and tends will remain overnight. no one else may enter housing resources being provided to everyone. the protesters eventually dispersed. carley: donald from moving forward with his plans to return to social media. >> reporter: that is the report we talked about on foxbusiness. he is considering developing his own social media network, free space as a potential partner, free space creating the profile, you can post on a wall, offer core messaging. jason miller telling fox news trump would return to social media with his own service, we are getting more details on that. carley: boxes and boxes of girl scout cookies not enough. >> teaming up with three new girl scout cookie entitled ice coffee. this and the coconut crumble ice coffee flavor will be done at walmart, family dollar and in the last hour, 250 calories, and 3 shot

todd: cheryl casone here's to explain. >> reporter: two activists demanding $20 million after it wasganization black lives matter brought in $19 million, michael brown whose son was killed in 2014 and the founder of the international black freedom alliance say that shooting and others were the catalysts for the national movements but never been compensated for their efforts and continue to do that work in their community. it was regionally revealed blm took in $90 million in total revenue last year but not clear where the money was spent. todd: what is going on with facebook? >> reporter: they lifted the ban on political ads. at the time facebook said it wanted to spread the flow of misinformation. the ban was partially lifted after the senate runoff. google lifted their political ad ban just last week. todd: space x is intriguing, we love when it works, a lot of times it doesn't sometimes this. >> reporter: you can't win them all. space x starship rocket launched, everything seemed well, lost, landed, then, well, it up. it hit an altitude of 10 kilometers. there was a fire at the ba

it out, the s&p was up 10 at one point during the show, we're up almost 30 as i hand it off to cheryl casone. cheryl, over to you. cheryl: i knew i liked you, charles. i agree with you on spacs. we're right there together. charles: thank you. cheryl: thank you the, charles. have a great weekend. we are starting with some breaking news. the u.s. navy if is headed for the suez canal trying to clear the empire state building-sized car go ship that's currently blocking that trade route that carries about 10% of the world's goods. naval experts and engineers headed to egypt to try to dislodge the ever given from the key maritime channel. some economists worry this could disrupt the global recovery by billions. well, oil is a big story on the heels of the suez canal. as you can see there, your markets, oil is up more than 4%. markets overall are boosted, dow and s&p in the green, nasdaq still in the red and likely will be for the week. cyclicals, industrials, financials all rallying as you've got the dow and the s&p 500 turning positive for the week, and the dow right now is up 201, s&p up 28. mea

ashley: cheryl casone joins us with the latest. in portland over the weekend. about 150 antifa protesters smashed several business windows, reportedly they're protesting over federal immigration policy. >> get off the streets! get off the street! cheryl: two people were arrested, a starbucks, a grocery store, a bank, shipping business all damaged overnight in that. todd: not getting better over there in portland. in chicago could the nightmare for students be getting better today is the day students return to the classroom. things will look different. k-5 kids will attend in split sessions. wednesday all students will be remote while classrooms are cleaned. it's a return for kids after almost a year of remote learning. ashley: there we go. now you can hear me. this is my favorite story of the day. a teacher got slimed by her student, posted on tiktok and they raised $50,000 for shriners hospital. cheryl: yeah, yeah. that's the story. so it was a big moment for a group of fourth graders. this was from rescue elementary in california.

cheryl casone has details. reed to pay $4.28 billion of their own money to resolve the lawsuits. this is part of a larger restructuring plan filed in court in order to get perdue out of chapter 11. the new settlement is $1.3 billion higher than the original offer. if it's approved the funds will be used to reimburse states and other plaintiffs who sued perdue over the opioid crisis. several state attorneys general said they will oppose this. the gamestop trading craze seems to be slowing down. shares dropped about 17% yesterday as trading volume dried up. gamestop has been on a wild ride for weeks. at one point reaching a high of $483 per share. that was fueled by a war between large investors that were shorting the stock and a reddit fueled buying frenzy. the stock is down once again, more than three and a quarter percent. all right. who is ready to go to an actual theater? amc getting a big boost, shares of amc entertainment jumping 29% during yesterday's session in the premarket, up another 2%. all this fuele

cheryl casone with the he details.he site's recent policy updates were not enough to satisfy their guidelines. parler relaunching its website last month after being kicked off amazon web services in january. boeing reportedly ready to close a deal to sell dozens of 737 max jets to southwest airlines. this would be the largest order since the aircraft safety ban was lifted. this proposed of deal said to top 100 firm orders, plus options for more jets and this follows intense competition between the smallest member of boeing max family and the airbus a-220 of. 220.boeing up 2% in the premark. roadblocks seeing a rise in the market this morning, it soared more than 54% yesterday in the video game platform's market debut. company valued at $45 billion. big jump from the 29.5 billion valuation it secured in private fund raising just two months ago. those are some of your headlines from here. back over to you. maria: cheryl, thanks so much. more controversy this morning for new york governor andrew cuomo, a sixth woman has r

carley: cheryl casone joins us with more. give reb reparation money to black residents. it would give 2500 to a small number of residents for small hs or mortgage payments. >> talk about this now here for a second because the former president apparently is coming back online on social media with his own platform, is that right? cheryl: it's going to be interesting. here's the question for everybody. will former president trump start his own social media company? listen to what his top advisor told fox's sally kurtz. >> i think we'll see president trump returning to social media in two or three months with his own platform and this is something that i think will be the hottest ticket in social media, it's going to completely redefine the game. cheryl: the former president, remember, was banned from twitter, facebook and other sites after the january 6th capitol hill riots. there's no comment from the trump organization so far. remember, facebook had an independent review board to decide if the ban should stand. carley: i alway

cheryl casone has details for us. good morning, cheryl. cheryl: good morning, jackie. right now in. robert aaron long is charged with eight counts of murder and one count of aggravated assault. the attack unfolding at three atlanta massage parlors on tuesday, leaving eight people dead and another injured, six of the victims are of asian descent which has the asian american community on edge. they have increasingly been targeted since the coronavirus began. police say long told them he carried out the attacks because he has a sex addiction and wanted to eliminate temptation. he's going to make his first court appearance later this morning. well, tesla's self-driving feature under investigation. safety officials are probing the aftermath of a tesla involved crash which plowed into a michigan state police officer's patrol car yesterday. police say the model y was on auto pilot when it happened. nobody was hurt, luckily. but at least three crashes involving these cars in recent weeks have resulted in probes from the ntsb. tesla in the premarket is down more than two and-a-

carley: cheryl casone from our sister network fox business here with all the details on this one, good to both of you. new york city has been spending that amount of 60 hotels since the beginning of the pandemic. yes, over a year ago. but a new report identified issues from open drug use to indecent exposure, fights and most recently a murder at these hotels as basically an example that this does not work. despite the fact that vaccines are available to vulnerable populations, city officials have no timeline to end the multi million dollar program. new york city assemblyman mike you lawler says enough is enough. >> well, this is a culmination of seven and-a-half years of failed leadership by bill de blasio. he has failed to adequately address the homeless crisis in new york city. it's a terrible policy both from an economic standpoint, it's a terrible policy from a societal standpoint. cheryl: and to add to that under bill de blasio as the mayor of new york, tens of thousands more now rank in the city's homeless population versus when he took office from michael bloomberg. city officia

cheryl casone is live in the newsroom with more. cheryl. reporter: that's right, charles.t america tip of to america entrepreneurs first what we know. buffett initiated a big stock buy-back, $20 billion in 2020. reducing outstanding shares. berkshire had income $34.8 billion. buffett owns more than 5% of apple. that stock continues to perform well up 84% year-over-year the last 12 months. from retail, apple, coca-cola, bank of america buffett has stayed fairly steady and made pretty well-known and safe bets. as for berkshire the class a stock is up over the last year and the one today. this is the one we're looking at, up 22% over the last 12 months. you mentioned the letter, in it he said fixed income investors worldwide, whether pension funds, insurance companies, retirees face a blank future. he is not depending on the bond market, check. here is what he didn't say. there was no mention of the coronavirus pandemic racial justice that gripped nation, presidential election, gamestop stock frenzy from last month and nothing about cryptocurrency. he admitted he paid too muc

thank you all so much for watching a very busy hour starting with the president, and moving on to cheryl casonei have to make a correction, cheryl, forgive me, but biden spoke for one hour and two minutes. i said he was under the one hour mark. a lot of people making money one way or another on that bent, the over or under. apparently he was over by two minutes. so i just had to make that correction. cheryl: daimpled, i think h.r.'s on the phone for you right now, so i'll let you go. [laughter] thank you, david asman. there was a lot happening, as he just mentioned. you know, help is here, hope is on the way, so says president joe biden at the first news conference of his presidency. the president today setting a new coal of vaccinating 200 americans in his first 100 days. we are going to have to full recap on the

jillian: cheryl casone from our sister network fox business joins us with details. ailure filing suit against the airline, class action filing accusing united on infliction of emotional defense. luckily, no one was injured. jillian: wow. ben: terrifying. again. cheryl, your next story i know, a local reporter in san francisco was robbed while reporting on a series of break-ins. cheryl: this local reporter in san francisco robbed at gunpoint, kpix reporter don ford was covering a story about breakins when four men pulled up in a white luxury sedan, pointed a gun at his face, took his cay ray. he was un-- camera. he was unharmed. police are looking for the suspect. the police budget was cut by $25 million last year. a quick shoutout to the hard working journalist at kpix, that's where i interned. i did my news internship at that station in san francisco. i'm glad he's okay. jillian: how frightening. it will be interesting to see if governor newsom does get recalled. cheryl: exactly. yeah. we've been covering this extensively, jillian. it's got 1.95 million signatures n

cheryl casone is in for liz claman right now. cheryl, over to you. good to see you. yeah, david just showing you those numbers. we do have the split decision on wall street, the s&p just going into negative territory. markets are mixed. the dow up as much as 364 points, now it's only up 127. s&p again just going into the red, at one point it was up by 31. the nasdaq though, this is the big story, there's a lot of movement that we're seeing out of those growth stocks and out of those big tech names, headline stocks. we're going to talk about that during the hour. meanwhile, there are signs that the infamous gamestop trade that pitted

thank you all so much for watching a very busy hour starting with the president, and moving on to cheryl casone. i have to make a correction, cheryl, forgive me, but biden spoke for one hour and two minutes. i said he was under the one hour mark. a lot of people making money one way or another on that bent, the over or under. apparently he was over by two minutes. so i just had to make that correction. cheryl: daimpled, i think h.r.'s on the phone for you right now, so i'll let you go. [laughter] thank you, david asman. there was a lot happening, as he just mentioned. you know, help is here, hope is on the way, so says president joe biden at the first news conference of his presidency. the president today setting a new coal of vaccinating 200 americans in his first 100 days. we are going to have to full recap on the wide-ranging news from the east room of the white house. meanwhile, three of the nation's top tech ceo testifying before congress today. what the leaders of facebook, google and twitter had to say about potential regulation of content on their sites. larry kudlow is going to be here

cheryl casone is in for liz claman right now. cheryl, over to you. cheryl: david asman, thank you so much, sir. good to see you. yeah, david just showing you those numbers. we do have the split decision on wall street, the s&p just going into negative territory. markets are mixed. the dow up as much as 364 points, now it's only up 127. s&p again just going into the red, at one point it was up by 31. the nasdaq though, this is the big story, there's a lot of movement that we're seeing out of those growth stocks and out of those big tech names, headline stocks. we're going to talk about that during the hour. meanwhile, there are signs that the infamous gamestop trade that pitted reddit room retail investors against wall street shorts could be done as the video game retailer is taking a tumble. our floor show traders are going to tell us if it is game over for gamestop. but it is game with on for a new etf. it's focused solely on sports. its ticker is mvp. roundhill cofounder and ceo will hershey is going to be here and the numbers are in. concrete proo

i'm on here talking today, charles, because cheryl casone and her team about ten years ago gave me myor me. you can be the smartest guy in the world, be an expert, if you don't have relationships, you're not going to go too far. charles: all right. i need one trade or a couple of trades, but we've got less than a minute to go, the trades you like going into the closing bell today. >> yeah. i really like big tech. your other guest was talking about it here. facebook, amazon, google, they haven't done quite as well as some of the other names. i think it's a good tining to jump into some of -- time to jump into some of the fangs right here. charles: communication services is different than technology. look in communication services. rob, my man, thanks. it's good to know you, and i'm glad i know all three because i know you in terms of being successful. of course, i also know liz claman. she's been phenomenal for everyone, and i'm going to turn the it over to her now. [laughter] liz, you know what? it's been a tug of war, but i like these kind of sessions. liz: you know, so do i because

a florida investor commits 100 million dollars to potential bid to acquire tribune publishing cheryl casonel chairman, 11 hour effort to outbid global capital offered the apply a pen 17.5 a share was recommended to sharldz by board last week they are making a nonbinding offer 18.50 a share that is conditional on him being able to raise financing we will keep you posted, a warning for pet owners this morning, midwestern pet goods recalling more than 50 dog cat food products due to salmonella risk canine x, earth worn holistic, a full list can be found on asba web site, even as economists expected the pandemic to drive up bankruptcies we are learning the opposite happened, bankruptcy filings dropped 22% compared to 2019 thanks to stimulus checks and suspension of evictions, student loan pachlths commercial filings on other hand rose 29% with more than 7,000 businesses chapter 11 protection last year those are some of your headlines from here back over to you. maria: all right, cheryl. thank you so much the crisis at southern border continues to deepen, white house press secretary jen psaki sp

meanwhile this rocket lab reportedly nearing deal to go public cheryl casone with thes did there. just crossing right now maria official "the wall street journal" first reporting that the safe transportation startup going to have a special purpose acquisition company again it is being announced just nt moments ago. this could value if it is done, the u.s. startup at 4.1 billion dollars that will include debt rocket lab is one of several launch providers got also 100 satellite launches under their belt as of yet. but now, that deal just becoming official. now they have what we're watching this morning wal-mart tapping goldman sachs this consumer banking chief, over his mail to lead a startup. david is one of the top lieutenants also groining to join him back in january did announce the capitol to offer financial services let's take a look at wal-mart stock is up one and quarter percent right now. well, cae is buying harris technologies military trading division. this is according to report in "the wall street journal" says value of the deal going to be about 1.05 billion. the move

cheryl casone with those details now. cheryl: that is right.be asked the to enter a plea until later hearing. he is charged with 10 counts of murder. hundreds of people lined boulder streets for a procession to honor fallen officer eric tally. fellow men and women in blue stood along the route saluting the officer. the fence that surrounds the grocery store has become a wall of remembrance for the ten people who lost their lives there. well, 14 states filing lawsuits against the biden administration to challenge its pause on new oil and gas leasing on federal lands and waters. a coalition of 13 states filing one lawsuit in federal court and louisiana yesterday. wyoming filed its own lawsuit in that a state. president biden signed an executive order in january that put a hold on new leasing on federal land pending a policy rereview which the interior department is expected to start today actually. well, drivers could be feeling the pain at the pump pretty soon, as $3 a gallon of gas is in sight. an lists expected crowded -- analysts expected cro

cheryl casone with those details now. cheryl.ourt ruling from july death sentence say could not stand because the trial judge didn't properly screen the jury. convicted back in 2015 in attack that killed 3 during running of boston marathon, injured 260 others. the justices are going to hear the case this fall. well, some major deal news to tell you about, microsoft reportedly in talks to buy video game chat app for more than $10 billion, discord, gamers use to communicate talking with several companies about a deal. that's according to bloomberg this morning but the company may go public before it sells itself. last year microsoft was looking to buy tiktok, let's remind, everybody. let's look at the market it's fractionally higher. covid testing at your doorstep, door dash is adding covid test delivery known for food delivery, the company offering either saliva test or nasal swab launching in 12 u.s. markets, baltimore, chicago, cleveland, dallas and phoenix and several other cities. the tests will be delivered on the same day fo

cheryl casone with the details now. maria, jury selection expected to take two weeks in highly anticipated case derek chauvin is charged with second degree murder and video of chauvin kneeling on george floyd's neck sparked national protest against police brutality and systematic racism. hundreds of protestors held a silent march in minneapolis yesterday. well, suspected chinese hackers are to blame for an attack on microsoft exchange e-mail software, that's infected tens of thousands of businesses, government agencies and u.s. schools. the hackers exploited flaws in the software to break into e-mail account and install unauthorized software. last week microsoft sent out a software patch to fix the bugs that's when the hackers switched gear and started to use automatic software and infected them. there's microsoft in the premarket right now down about 2%. a royal bombshell. prince harry and meghan markle sitting down for a tell-all interview with oprah last night. megan had suicidal thoughts after marying into the family

cheryl casone with details now and more on this effort. cheryl. cheryl: that is right.million valid signatures are needed to trigger a recall election under california law. the signatures are going to go to registrar of voters offices in each county for verification. newsom would be the second california governor and only the fourth in u.s. history to face a recall. well, more good news in the race to get people vacation nailed. novavax said their vaccine is 96% effective in preventing covid-19 cases, this comes as the company conducts phase three trials in the u.k. it is showed to be about 86% effective against the british variant. it is not known if novavax will try get approval for the vaccine in the united states. the stock is jumping, up more than 16.35% right now, big jump for novavax. well, shells is changing leadership, the oil company tapping andrew mckenzie as the new chairman, he is going to replace chad holiday when he steps down in may. mckenzie will oversee the company as they transition to low carbon energy. earnings doubled to $2.6 billion in 2020. final

cheryl casone is with us with the details on that. cheryl, hi again. cheryl: that's right, jackie.. this will reduce employee head count by 11% and lower costs by $700 million. stock down 1 and-a-half percent in the premarket. nokia is working on a corporate restructuring that will help free up funds for research and development and 5g. all right, google is cutting app store fees for developers, reducing what it charges from 30% to 15% for the first $1 million in revenue they earn every year from those developers. apple made a similar move last year. remember google and apple have been under fire for these high fees, in particular apple who has been in a lengthy battle with epic games, the maker of fortnite. apple is down 1 and a quarter percent. well, nba star lebron james is reportedly joining the boston red sox. he's not leaving basketball but lebron is a partner of fenway forts group. this would make james and carter the first african american partners in fenway sports group history. lebron is a yankees fan. arch rival of the red sox. that should be interesting. finally, i'm go

cheryl casone, fox business. >> dana: battle playing out in the court of public opinion on and capitolhe pop star seeks financial freedom. ♪♪♪ it's a new day for veteran homeowners. with home values high and mortgage rates at all time lows. great news for veterans who need money for their family. that's me. refiplus from newday usa lets you refinance at record low rates plus get an average of $50,000. that's me. that's money for security today or retirement tomorrow. that's me. refiplus. ♪ and a little bit of chicken fried ♪ ♪ cold beer on a friday night ♪ ♪ a pair of jeans that fit just right ♪ ♪ and the radio up ♪ get 5 boneless wings for $1 with any handcrafted burger. only at applebee's. we made usaa insurance for members like kate. a former army medic, made of the flexibility to handle whatever monday has in store and tackle four things at once. so when her car got hit, she didn't worry. she simply filed a claim on her usaa app and said... i got this. usaa insurance is made the way kate needs it - easy. she can even pick her payment plan so it's easy on her budget and her life. us

let's go to cheryl casone keeping track of all of the fast moving tech developments particularly what is hping on capitol hill. reporter: intertwined neil. zero in on the nasdaq. that is the big story of the day for markets. what we're seeing good news after the index slid into correction territory, down 10% from a raise peak. that is the technical term for a correction. it has been hit 10 1/2 to the downside yesterday. the 10-year, climbed to a 13-month high yesterday. michael sheldon of rdm financial, said basically tech stocks are overdue for some kind of a bounce after the downfall. that is one thing we're seeing here. with most investors maintaining positive out look on tech stocks, medium, longer term. bullish on the group overall. the index is technically in correction even with the current rally, as you see up 434 points. but to exit correction territory the nasdaq has to close 10% above the correction low. if today's holds firm, it could, it is only noon. it needs to finish 18,000.087. it is back in positive territory for the year. if it holds, 270 points and change, watch ap

cheryl casone, fox business. good morning. stunning numbers here. how do you prevent it?e agencies and a lot of these -- according to the associated press a lot of them ignored recommended security protocols. if you have a computer system and network that's vulnerable to hackers. a lot of this is external forces from china, nigeria, russians the usual actors we see in these massive hack attacks they are using social security numbers, identity theft. a lot of times these are accounts identities stolen a year or two years ago. in one case one social security number was found to be used in multiple states to basically come out with this fraud and rob the american taxpayer. i think what's so disappointing. look at california. $11 billion, guys, from california alone in fraud, okay? you look at indiana, kentucky, maryland, 2/3 of these are suspicious transactions according to the associated press. a lot of states aren't coming out and giving us this data. an investigation by the associated press is giving us this data. you've got to secure these networks. they were old and fal

cheryl casone with those details right now. cheryl. cheryl: maria, good morning to you. debate comes after a late night on the senate floor. overnight, senator ron johnson forcing clerks to read the 628 page measure out of loud, took about 10 hours. the senate version has changes from the house version. this bill removes the $15 minimum wage increase and lowers the income threshold for stimulus checks to 80,000. well, operators of the texas power grid under fire once again r, an independent market monitor says the company made a critical mistake resulting in $16 billion in over-charges, this amid last month's deadly winter storm. the monitor concluded that texas wholesale prices for 33 hours were higher, that was longer than warranted and recommended that the charges all be reversed for those customers. well, keeping cuts in place, a coalition agreed to extend oil production cuts in the month of april, despite a recent price surge following the pandemic crash. russia and kazhakstan were granted exemptions to increase their input. there is oil, we're up 2 and-a-half perce