motorcycle manufacturer harley davidson slumped after announcing it would close a kansas city plant.0 finished 35 points lower, the nasdaq lost 64. >>> health insurance care dropped after the plans were announced. they announced plans to create a company with affordable health care. details are unclear but benefits experts believe it could be a system that bypasses insurance companies all together and contracts directly with doctors and hospitals. >>> facebook is banning ads for all crip co-currency including bitcoin. they're attempting to block what's describe as financial products and services frequently associated with leading and deceptive practices. it included phrases like use your retirement funds to buy bitco bitcoin. >>> meanwhile as i announced earlier harley-davidson's shares fell after it announced it would be closing a kansas city plant. they plan to quiet the roar and develop electric bike technology. they hope to launch first electric bike within 18 months. >> and a woman who tried to board a flight with her emotional support peacock was turned away saturday 6. the per

. >>> harley davidson warns of slumping demand. that's where we begin tonight's market focus. the motorcycle maker said 2017 was particularly tou with shipments falling to their lowest level in six years as demand among young buyers failed to pick up. it reported stronger than expected sales but sayswi sales continue to weaken this year. harley davidson is responding to the challenges by cutting jobs and closing some manufacturing plants. shares were down. >>> the new tax law cut into profits of the hospital operato hca but the company managed to top expectations thank to a rise in patient admissions. the health care company also said it plans to invest more than $10 billion over the next three years and continue looking atotential acquisition opportunities. the shares rose nearly 4% to $101.45. >>> higher selling prices helped revenue at the home build pulte to rise but it was at a slower pace than analysts wereex cting. profits came in better than expected but the company warned cthat risingts due to a labor shortage would marginalize their profitsn 2018. shares slipped. >>>

. ♪ ♪ >> glor: harley davidson shifts gears, rolling out an electric car. >> reporter: it's an extraordinaryd on this one rock. more than 70 footprints of dinosaurdinosaurs and mammals. not jurassic park, it's parkinson's. when you saw this your excitement was where on a 10-point scale? >> oh, about 11. do what i did. ask your doctor about humira. it's proven to help relieve pain and protect joints from further irreversible damage in many adults. humira works by targeting and helping to block a specific source of inflammation that contributes to ra symptoms. humira has been clinically studied for over 20 years. humira can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal infections and cancers, including lymphoma, have happened; as have blood, liver, and nervous system problems, serious allergic reactions, and new or worsening heart failure. before treatment, get tested for tb. tell your doctor if you've been to areas where certain fungal infections are common, and if you've had tb, hepatitis b, are prone to infections, or have flu-like symptoms or sore

net income dropped 80% in the fourth quarter of last year for harley-davidson.hipments, they said the outlook for 2018 isn't that positive. one positive. they said they would be looking to release an electric motorcycle in about 18 months' times. that's good news for the likes of my colleague willem who likes to cycle to work in the morning. >> send me a picture. joumanna bercetche live from london, thanks so much. >> i have to say, so josh earnest was on "andrea mitchell reports" and about this new company. and he said part of the affordable care act was to spurn innovation from companies like this. >>> coming up next, president trump lays out his agenda for year two. more of his state of the union address. and whether his talk of unity and bipartisanship in washington was anything more than that. >>> joe and mika have reaction from democratic senator joe manchin, top democrat on the house intel committee, adam schiff and congressman joseph kennedy iii who gave the democratic response to trump's speech. >>> and former white house chief of staff, andy card. "mor

. >> when we come back, trade on intel, general mor dk'ots,ics sporting goods, harley davidson.hey are all in the blitz. we're back in two minutes. well, it's earnings season once again. >>yeah. lot of tech companies are reporting today. and, how's it looking? >>i don't know. there's so many opinions out there, it's hard to make sense of it all. well, victor, do you have something for him? >>check this out. td ameritrade aggregates thousands of earnings estimates into a single data point. that way you can keep your eyes on the big picture. >>huh. feel better? >>much better. yeah, me too. wow, you really did a number on this thing. >>sorry about that. that's alright. i got a box of 'em. thousands of opinions. one estimate. the earnings tool from td ameritrade. >>> welcome back there's the nasdaq highs of the day. new record high, nasdaq closing above 7,000 for the first time ever one day ago, in fact all across the board today you've got record highs you had a record closing high for the russell, the transports, like a broken record, steph. >> interesting though. it's growth and

this is a link within the bloomberg intelligence area of analysis on harley davidson. 2014, and we see global shipment of motorcycles dropping and dropping. now they are forecasting that the global shipments will come in somewhere between 231000 and 236,000 motorcycles -- 231000 and 236,000 motorcycles. it has to do with millennials. they are not into writing motorcycles. vonnie: it seems like it was like that for a while and then there was a turnaround. what happened? :bengoa: morgan -- abigail morgan stanley is still optimistic. the decline has not debated in sales. to the stock, while some investors and analysts are hoping for a turnaround, if we hop back into the bloomberg, we will see a big piece. stockte, we have the where we see a bumpy downtrend. we see shares have been trying to climb out of november. short interest at a record high at about 18% sibley getting this right. they had it right that the global shipments of motorcycles were hovering in terms of demand for motorcycles. vonnie: definitely people getting out here. thank you abigail for our stock of the

just this week, speaking of roaring, motorcycle manufacturer harley-davidson announced it will close its plant in kansas city next year. 800 jobs will reportedly be cut. the ceo said leaving tpp was a factor in the decision. remember, president trump was very close to harley-davidson last year, speaking there to employees and people in the area. and earlier this month, hundreds of workers were laid off from a carrier factory in indianapolis. you remember carrier, the very same plant that trump visited last year to tout his deal to keep the factory open and save jobs headed for mexico. >> they're not going to leave this country. and the workers are going to keep their jobs. these companies aren't going to be leaving anymore. they aren't going to be taking people's hearts out. >> i know one man who didn't believe him. since then more than 500 carrier jobs have gone to the company's plant in mexico where workers make about three bucks an hour, according to union officials. in a "washington post" editorial, the former union leader who represented these workers writes, "we feel betrayed.

harley-davidson hitting rough roads.he fallout continues for wynn casinos contessa brewer has the story live from las vegas. >>> melissa, major conference cancels, the rating downgraded and yet the long time nevada insiders are starting to rally around steve wynn. i have it straight ahead on i have it straight ahead on "power lunch." with a $500,000 life insurance policy. how much do you think it cost him? $100 a month? $75? $50? actually,duncan got his $500,000 for under $28 a month. less than a dollar a day. his secret? selectquote. in just minutes, a selectquote agent will comparison shop nearly a dozen highly-rated life insurance companies, and give you a choice of your five best rates. duncans wife cassie got a $750,000 policy for under $22 a month. give your family the security it needs at a price you can afford. . >>> the dow was down 411 points at the low, the s&p is also down by .9% right now look at the individual sectors, telecom, utilities are your leaders, health care and energy are lagging. notable turnaro

we sell motorcycles into their country, harley davidson, the greatest, right? we sell into their country, 100% tax. won't happen the word reciprocal is the most important word with donald trump when it comes to the subject that we talk about and the subject that cnbc covers so well especially you, by the way because i don't agree with all of your people but that's okay. reciprocal i want reciprocal. if they're going to charge us 100% for a motorcycle, it should be 100 pshsz t% the other way, you mention a at the border for everything coming in, i'm a free trader, totally i'm a fair trader. i'm all kinds of trader, but i want reciprocal. when china is charging us a fortune to send products in, and making it impossible for the product to get there -- many other countries, also, not just china. china is the biggest we charge them nothing to sell their stuff here it's not fair. when you use the word reciprocal, everybody understand there's a. if th s that you are already seeing it. >> we'll have to end it there. last question. will we have another shutdown? will yo

it is a harley davidson king classic., and it gives you a certain sense of enjoyment of life that is hard to come by other ways. david: let's talk about another part of your life. when you were younger, if not an atheist, then an agnostic. how did you transform yourself from being either an atheist or agnostic to somebody who is a committed christian? dr. collins: it does seem like an odd story, doesn't it? growing up on the farm, my parents were not opposed to religion. they just did not think it was particularly relevant, so i had no religious background. i got to college, those conversations in the dorm about what did people believe. i did not think i believed in any of it. so i was an agnostic, but by the time i got to graduate school, i was shifting to being an atheist and i would not be too comfortable keeping quiet if somebody was talking about the supernatural. it is all about nature and how you study it and describe it. then i went to medical school, and that third year of medical school where you are thrust out

. >>> tough times for one of america's most harley-davidson is closing its factory in kansas city amid slumping sales. about 800,000 workers will lose their jobs. it comes as the company announces plans to build an all electric motorcycle by 2020. >>> all right. when we come back the big name nfl quarterback being traded. >>> also ahead, from soy to almond, which nondairy milk is the healthiest. >>> what stormy daniels told jimmy kimmel about her reported affair with donald trump. rheumatiod arthritis. before you and your rheumatologist move to another treatment, ask if xeljanz xr is right for you. xeljanz xr is a once-daily pill for adults with moderate to severe ra for whom methotrexate did not work well. it can reduce pain, swelling and further joint damage, even without methotrexate. xeljanz xr can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal infections, lymphoma and other cancers have happened. don't start xeljanz xr if you have an infection. tears in the stomach or intestines, low blood cell counts and higher liver tests and cholesterol

harley davidson down 7%. the vix above 14 today. it's time for our stock of the hour.wer, shares of mcdonald's. it's on pace for its worst day of the year despite beating estimates. down just .25% here. earlier, the stock had been down over 1%. they beat estimates across the board. comp sales came in up 5.5%. the had been for a move up of 5%. -- the estimate had been for a move up of 5%. the turnaround strategy has been in place for some time now. investors liking the results in terms of the beat. they might not like the growth. investors may want more -- beyond the aggressive pricing, it has to do with technology. there are self ordering kiosks in mcdonald's. you have a more diverse menu. i was shocked by all the healthy options on that menu. breakfast still cut out at the same time with the machines? what's the ceo doing otherwise? >> the technology is a big piece of it. the interesting thing in terms of the aggressive pricing, with these strong results coming out of mcdonald's, it suggests the competitors might do less well. yum along with wendy's and jack-in-the-bo

an electric bike live wire harley-davidson will closely a plant due to falling motorcycle sales lostsequel portray resurrection of christ, reprise role of jesus predicts biggest movie creatored passion of christ earned 611 million dollars worldwide made for 30 million dollars back with "mornings with maria" from washington after this. today, the new new york is sparking innovation. you see it in the southern tier with companies that are developing powerful batteries that make everything from cell phones to rail cars more efficient. which helps improve every aspect of advanced rail technology. all with support from a highly-educated workforce and vocational job training. across new york state, we're building the new new york. to grow your business with us in new york state, visit esd.ny.gov. to grow your business with us in new york state, retail. under pressure like never before. and its connected technology that's moving companies forward fast. e-commerce. real time inventory. virtual changing rooms. that's why retailers rely on comcast business to deliver consistent network speed a

harley davidson is the greatest, right?m into their country, 100% tax not going to happen. the word reciprocal is the most important word with donald trump. >> you guys, i know, tuned into the speech and i liked the speech but i felt like -- i don't know, i felt like i knew what was coming, so i'm glad we were able to talk with him before i think that the interview was a little longer than the speech actually when it was all said and done i liked the q & a afterwards with the professor i guess president trump calls schwab the professor i don't know whether steve leesman is unhappy about that or not, but it was quite a week. >> we are going to talk to leesman later on about the dollar comments this week. one last point, the president did say the administration has been present at nato and g-7 and now at davos do you think he'll go back next year >> i do. i think so you heard klaus schwab talk about the engagement of not just the president but of the entire cabinet. i don't think they went to as many things as andrew goes to

that's actually less than some models of harley-davidson. >> absolutely.nd more fun to drive, with air conditioning. >> henry is with the solo vehicle. good luck. >> and if you can see this nicole, but it's pretty incredible. >> absolutely. i like that thing. all right. let's check it out. i'm here of on the floor of the new york stock exchange. the dow, the s&p in the nasdaq, record today. the dow jones industrial average up 170 points. kfc naming reba mcintyre their first colonel sanders. yum brands trading up half of 1%. starbucks is one of the biggest letters, they been down about 5%. seem to cool down the sales. the holiday lineup did not resonate with the customers. they barely beat the expected earnings-per-share. this mark on revenue, after you have that cappuccino you might want to check your blood sugar. you can do that with your fit but. they partnered with united healthcare to create a blood tracking wearable device. fitbit is down to half percent. up next, a billionaire and next door neighbor of president trump, you may be surprised to hear wh

mcdonald's, pfizer, aetna and harley davidson reporting before the opening bell after the close, we'llear from chubb, amd and electronic arts and that continues throughout the week >>> another big focus today, trump's first state of the union address. he is telling reporters that the speech will cover the great success of the stock market and tax cuts passed at the end of last year. he will deliver the state of the union address tonight at 9:00 eastern. i guess a bit of a pullback the day before and the day of is just kind of irony, i suppose. still we can't argue against the great performance over the course of the first year in office >>> shares of metlife are under pressure after the company delayed its quarterly results. landon dowdy has more on that. good morning >> metlife delaying full results for the fourth quarter earnings release. here's why they're disclosing the scale of the records mistake that left possibly tens of thousands of workers without monthly pension benefits the short fall will prompt financial revisions and metlife expects to increase reserves by more than 5$50

some of edwards bogus raffles had flash she prizing like this harley davidson motorcycle. >> i can'tieve would do that. this is 2006 -- >> businesses like power sports in winter haven was tricked into holding a honda bike for one of edwards raffles. but instead, it sat there for over a year. losing hundreds of dollars in value. >> we probably lost a few thousand dollars worth in flooring expenses as well as a few sales. >> and gloria gomez also tells us edwards now in jail facing grand theft for stealing, cheating and betraying the one group of vets he claimed to be helping. dawn. >> so sad. >>> well, you feeling a little lucky tonight we're less than an hour away from the big pa powerball drawing. the jackpot is worth $570 million. can you imagine that this drawing comes one day after someone in florida hit the mega million jackpot for 450 million. we caught up with people at a 7eleven in fishtown who are dreaming big and keeping their fingers crossed. >> i'm going to help people. that's what i'm going to do. >> our banquet servers got together and i think there's like thrive of us,

in kansas city, fox 4, shock and disappointment from hundreds of workers losing their jobs at harley-davidsone motorcycle maker will close its kansas city plant next year. 800 jobs will be lost. many workers say no one saw it coming. others point to a significant downturn in sales. that is tonight's outside the beltway from special report. we'll be right back. that'll fight to be your favorite. one topped with creamy shrimp and scallops, the other... steamed with lemon and herbs. and no, you're not dreaming, classics like lobster lover's dream are back too, along with decadent new lobster truffle mac & cheese. but enough talking about lobster- let's get to eating! - because lobsterfest won't last. so dive in today at red lobster! pssst. what? i switched to geico and got more. more savings on car insurance? a-ha. and an award-winning mobile app. that is more. oh, there's more. mobile id cards, emergency roadside service... more technology. i can even add a new driver... ...right from her phone! geico. expect great savings and a whole lot more. i'm the one clocking in when you're clocking out.

harley davidson will build an electric motorcycle by 2020 making the announcement in their financialhere's no word on a price or how far the motorcycle will go on a charge. a lot of people excited about that announcement. >> now to the duchess of cambridge teaching her future sister-in-law the ropes. >> the two are being compared to one of the most famed friendships in royal history. kate middleton and meghan markle, the princess diana and sara duchess of york. >> not since princess diana and sara ferguson have a pair of real partners so captivated the public's imagination. >> an '80s throwback to the young royals married to brothers who became great friends. meghan the first american american and californian to be welcomed into the british family. she's being men toward on the protocols of royal life. >>> i wonder if the comparisons are a royal pain. >>> you're never more than seven minutes away from your accuweather forecast. >> thanks, reggie and natasha. chris and mike working hard for our viewing pleasure. look what they're capturing now from sky 7. the sunrise start to go chase

. >> reporter: she went after his prized possessions, nothinging over his custom harley-davidson and hitting their new range rover with a stick. >> he pushed me down. i fell down. and he took off and waved at me. smiling. >> reporter: the following day was rough for frances. her family coaxed her out of the house to watch her niece's volleyball game. then, on her way home, driving her cadillac escalade -- >> i see bill, in back of bill, i see the range rover. and i'm like, who is that? >> reporter: the vehicles were coming toward her in the opposite lane. and as they passed, frances did a double take. sitting behind the wheel of her family's brand-new range rover was bill's mistress, bonnie contreras. frances said they locked eyes for the first time. >> and, of course, i get her little finger. >> reporter: like the middle finger? >> right. and i keep going. >> reporter: furious, she called her daughter nikki. >> she said i'm turning around, i'm going to confront her. >> reporter: what did you say to your mom? >> i said good. just be careful. >> reporter: not likely. all hell was abou

. >> any day a weak outlook from harley-davidson that will take it a down majority overall they're down nearly 7% hairly at 51 wal-mart plans to ask suppliers to deliver nor goods to square houses exactly on time or -- face fines. this is wal-mart improving its performance as it goes up against amazon. i still think that wal-mart is the players if you want to pick on anybody who is going to compete with amazon wal-mart is the guy at 108dr. >> absolutely. you are absolutely correct. if there's one if there's one retailer to bet on it has to be wal-mart let's realize what they're doing here. they're getting tighter, they're not putting new intoos the there. they used to be fines if you -- only got 75% on time. now they're tightening that to 85%. but they're just saying we want less working capital we're going to push working capital back to p&g and others. you talk about reare inventing yourself wal-mart year ago you thought of the big store that you walk into and they sell everything. now you think of wal-mart you think about the jet.com acquisition and thinking about get your product to

right here, and then there is the very proud elite philadelphia highway patrol, which can ride a harley davidson through the war weather conditions even with flags above and keep their balance and lead this procession as they normally do , rumbling sound of those harleys, just as memorable as the sound of the bagpipes as well, that you are hearing warm up in the background. fighting wind you can see black bunting hanging over the firehouse and ladder nine has left here they will get in position where jenny is and they will giant with the ladder 180 from the fire academy put their ladders up as high as they can and get bigger american flag they have and drape it and funeral procession will pass under that on the way to the academy there i noticed an irish flag as i explained history of the bagpipes coming with a lot of irish people from the scottish and irish areas, of europe to settle in america 150 years ago and a lot of people becoming police and fire fighters as they got to this country way back before they had union and protection and many fire fighters and police officers were killed regula

harley davidson came up short on the fourth quarter, missing even the lowest analysts estimates for earningsl three months of the year. motorcycle sales fell on every continent. they project that sales could fall over 5% more this year. that is your bloomberg business flash. davis? david: -- david? david: rhetoric over border security has gotten pretty hot at times. they say they are searching for a bipartisan approach. here is what the president said yesterday, in an impromptu preview of his state of the union. >> we covered immigration for many years. for many years, i have an talking immigration, thinking we will get something done. we hope it will be bipartisan. being republicans, we don't really have the votes. hopefully the democrats will join us. so that we can really do something great for daca, and for immigration in general. david: we welcome now luis of illinois,mocrat you can see him out there on capitol hill. welcome, congressman luis:. pleasure to be with you -- congressman. luis: pleasure to be with you this morning. chances of are the the democrats getting together with the r

>> and harley-davidson unfortunately as well, neil but when countries engage in trade manipulation, neil when they pass tariffs when they pass taxes they're screwing their own people and screwing their own citizens. that's who they're hurting so if americans say leave me free, i believe in a free country they should demand free-trade. david: but you also have to focus jonathan, on what trump has done as posed to what he's saying as opposed to what he said in a campaign trail was very different from what he has been doing at least in the first year of his presidency with regard to trade issues, so people like you who are purities on free-trade and i appreciate your thought on that issue i am generally so too but in a real world trump has not been acting the way he's been talking so just wait a bit and see what actually happens. neil: lena, are you afraid this could escalate? i know you say it's not a trade war and we hope you're right. >> i am not concerned about this escalating. the pundits and the so-called experts have been wrong about donald trump almost every step of the way. neil: t

big gainer was ibm today while intel lagged, we're going to have much more why intel is down harley davidsonown nearly 4% today. michael, extraordinary day >> it was. and i think for a couple of reasons. one obviously there was no pent-up selling apparently coming in to 2018. a lot of people thought that might be the case after a strong year last year the muscle memory of buying those leaders remains in place, at the same time, you have really good economic data that's emboldening people to say hey, the stocks, the industrials look good too the reinflammation stories versus the deflation their tax so i think the market's reflecting a lot of this happy stuff. i think the thing that we have to worry about is embracing this upbeat story a little bit too tightly. that's not a moment in time you can identify it's a process and i don't think we're quite there yet. >> dennis, are people going to throw around terms like frothy this all comes after the minutes tightening and no one appeared the least bit phased by that >> if the underlying economic conditions encouraged the tightening, it's obviously

harley-davidson's first all electric bike in the next 18 months can go 50 miles before it needs a chargeur seconds. that is fast. however harley also announced it is closing one of its plants because of sloping motorcycle sales. you won't believe it. a woman tries to board a united airlines flight with a peacock. there she is. she bought a second ticket for the peacock, she claims she needed for emotional support. the airline denied her request, too big and ways too much. >> mcdonald's, worldwide, already got 36,000 stores around the world increasing by 3%, stock is up 171 on mcdonald's, don't forget about wind badly beaten-down, the sexual misconduct problems with stephen win, to the low 160s, 167. and and most of that gain is from one stock, boeing has gone straight up. more money and politics after this. ♪ how do you win at business? stay at la quinta. where we're changing with stylish make-overs. then at your next meeting, set your seat height to its maximum level. bravo, tall meeting man. start winning today. book now at lq.com hi, i'm the internet! you knoarmless bowling.lt? ahhhhh

ronald reagan did exactly the same thing, remember saving hardly -- harley davidson and did not createde war, that's what the american people expect, not to be kicked around. stuart: it's another important day, john, appreciate it. >> thank you. stuart: bring back brian, trump big economy speech is tomorrow. my opinion, it's the most important economic speech of his presidency, where am i going wrong? >> i am going to agree with ambassador bolton. the phrase that was used back in the 80's with ronald reagan was who controls the commanding heights of the economy and is it government or is it the market and capitalism, i mean, if you think about it, globalism or globalization companies do it each and every day. what these leaders that go to davos, the political leaders want to do is they want government to control it and i think donald trump, president trump has to make it clear that america, what we want to do is get out of the way, let companies prosper, let people globalize themselves because they want to work together with people around the world and stop having all this government i

think he wanted to go back up with the davos let this is he knew that harvey this like this no harley davidson is comfortable. the first of those sled based on lighter models from norway was built here some one hundred fifty years ago after that and this ran out hundreds of thousands of cheap copies were produced abroad. couldn't compete with their prices and cease production in the one nine hundred sixty s. . even made in communist east germany. there were only one or two factories in switzerland that still produce the slides on an industrial scale in years to be careful with free market but obviously in a very basic form and at a low consumer price. the real davos late anyway. and a real davos later has to come from davos that we. think the most home. runs are carpentry business in davos it's a family firm and it's third generation two and a half years ago he was commissioned by the tourism association to build a sled for an ad campaign that's when he decided it was time to bring this traditional craft back home. with the help of an online crowd funding campaign he decided to offer an altern