david: we will keep watching harley davidson.k, this is bloomberg. ♪ david: this is "balance of power." i'm david westin. we go now to mark crumpton. mark: the senate judiciary committee has delayed a vote on president trump's nominee for attorney general for a week. democrats are worried that william barr will limit robert mueller's russian probe. dianne feinstein says she is very concerned about a memo that william barr sent the justice department last year, criticizing the investigation. the british by mr. theresa may is still trying to break the brexit deadlock. she is asking the european union to change its divorce a deal by offering an irish border guarantee that is opposed by many british lawmakers. eu leaders have ruled out any renegotiation on the brexit deal, but the prime ministers urged parliament to give her a mandate. >> we need to deliver on the result of the referendum. and i would also say to him, that when people talk about delaying article 50, that does not resolve the issue about what deal we should have in le

say motorcycle manufacturer harley davidson has also hit a bump in the road reporting fourth quarter earnings of nine hundred fifty five million dollars in revenues and per share profits both below expectations harley davidson stock took a skid falling seven percent on the news the all time high for the stock by the way it was back in december of two thousand and six at a price of seventy three dollars per share like lockheed harley was hit hard by the drop ministrations trade related turbulence with tariffs acting as a brake on the company in june of last year president trump said an angry tweet at the company after harley had said the president's trade tactics pushed the motorcycle maker to move some production outside of the united states. and construction equipment giant caterpillar also seems to be on a trend with a disappointing earnings report with ties to china and or trade issues total revenue for the company in q four twenty eight it was fourteen point three billion dollars an eleven percent increase over q four of the year before twenty seventeen earnings that two dollars

brand as been suffering from these trade talks and harley davidson which got tangled up in these and this terror fight that trump is waging and that it is also has also very significantly low numbers and sales especially. in response to or because of you you counter terrorist because let's not forget dung trump is not just waging a fight with china he's put tariffs on these materials that affect much more than just china it's relationships. ands were also being joined now by correspondent so don han from taipei there is how you doing so let me ask you a question bring you into this conversation paul was just talking about the effect of these talks in this trade dispute on the u.s. economy obviously the big question right now is what is the effect on the chinese economy does it put them in a tight spot and force them to really seek a deal based on some of the economic figures that we've been seeing recently well we talked to some chinese investors under the pressure of trey war really warry it and not very optimistic let me give you one example because of the slowing economy many loca

maria: big game, thank you so much, cheryl, hoggs wild turn, how harley davidson's future is electricill come back, stay with us ♪ (vo) here's a question. was it necessary to create a luxury car more teched out than silicon valley? with a cockpit fit for aspaceship. hang on. radar that senses things the human eye can't. busted. and the ability to make a thousand decisions before you even make one. was all this, really necessary? what do you think? ♪ oh, wow. you two are going to have such a great trip. yeah, have fun! thanks to you, we will. aw, stop. this is why voya helps reach today's goals... all while helping you to and through retirement. um, you guys are just going for a week, right? yeah! that's right. can you help with these? oh... um, we're more of the plan, invest and protect kind of help... sorry, little paws, so. but have fun! send a postcard! voya. helping you to and through retirement. comcast business built the nation's largest gig-speed network. then went beyond. beyond chasing down network problems. to knowing when and where there's an issue. beyond network complexit

harley-davidson shares, by the way, fell more than 5 of course.-davidson said in its earnings per share were essentially wiped out last quarter because of president trump's trade war. and sweeping consequences for the oil industry. oil prices surged 2% after the u.s. put pressures on venezuela's embattled president nicolas maduro. president trump's trackdown will get close to home because the opec nation is america number four importer. the problem is even though the u.s. has turned into the world's largest oil producer it still relies on opec and other nations. watch that. >>> sunday's big game, this isn't just football, there's a soft drink showdown, coke versus pepsi. pepsi is one of super bowl liii's biggest sponsors and it has swarmed coke's hometown with over 350 ads on billboards, recycling pins and train stations. one billboard right down the street from coca-cola reads pepsi look whose in town for super bowl liii. >> and the g.o.a.t. being greatest of all time, of course, tom brady, no question about that. >>> "early start" continues righ

motorcycle maker, harley davidson said tariffs wiped out profits last year and expected to cost up toar and expected to reduce the impact by producing the motorcycle in thailand when they're destined to go to the eu in china when they face them and they have definitely backfired when it comes to harley davidson. >> i have to tell you, talking to bill karins, the u.s. postal service suspended service in several states because of that extreme cold. what states are being impacted by this and more important, what does this mean for the united states postal service already struggling. >> reporter: that's right. it's unprecedented action because they announced they will not be delivering mail because of the extreme cold. and chicago, where i was reading some temperatures are expected to be colder than the base camp at mt. everest there, extreme temperatures and pickups at residences and collection boxes will cease as well and have an impact on trading volume, coming at an interesting time for the u.s. economy in terms of the overall delivery of consumer consumption this time of the year as

. >>> harley-davidson is going green. we'll tell you about the new motorcycle in th>works.lus a play coming to arena stage, explor u.s./russia relations after the cold war and now. >>> >>> news4 working for you in the community by helpng families stay warm this winter through the share the warmth coat drive. our mow let green is live in the salvation army location in alexandria with more on this. >> reporter: hi. we're at the mount vernon avenue location. there's still time for folks to come and pick out a warm coat. fa good chunk them are right here and take a look at some of the coats we hav that we just picked up. this is a men's coat, nice leather coat. here's a big furry coat. we have kids' coats. there's something here for eryone, men, women, children, come on down. there's a whole system. you have until 1:00. you can come in and shop until y op, basically, for a warm coat, which is really the perfectiming here becausehe weather, the cold weather is about to kick in and this really does do a lot of good helping a lot of people this time of year. >> need doesn't change

you can preorder harley- davidson's first electric motorcycle. how much will it cost and when electric bike will hit the road. first, let's check in and see what is coming up in the next hour with mornings on 2. >>> when i join you in minutes, imagine being responsible for $20,000 hosp broken arm. and that is after your health insurance has paid its part. that is one woman story after she fell off her bike and was taken to san francisco general. what is happening there that is leading to some shockingly high bills for people who have private health insurance. >>> now that recreational cannabis is legal, some doctors are sounding the alarm about the effect that has on a man's fertility. we are also learning about another effective may have on a man's sperm. >>> we will be right back. show of hands, who's a future comcast business customer here? i think we all are. yeah, definitely. sign us up. yes. two hands. two hands. yay. double hands. get fast reliable internet and add voice for a low price. just one more way we go beyond for your business. an

harley davidson and. and caterpillar have all come out and said to various degrees this is having an impact on our business that we really need to do something to resolve this issue and we've seen in china for instance that the economy has slowed to a pace of six point six percent that's the slowest growth they've seen in twenty eight years so both sides a very keen to resolve this issue and it's gone as far as trump has actually said himself you know he will intervene in this process in the way issue if it means that he can get a trade deal between the between the two countries so just talk us through what the u.s. is really worried about how are we what's what's the beef here right so basically what the u.s. is adamant about hawaii is an arm of the chinese state and that it's using its equipment to spy on an oist noyce and. the criminal indictment basically said that. no way was using hadn't told its banks that they were transferring money and using them to operate in in iran so that was their particula

look at harley davidson.hurt harley davidson because they refused, but it's a problem for him. >> look, they're doing it because it's the most efficient way to do business and they have the point of shareholder value which is in conflict with a lot of politics on the right and the left and, no, there is a greater mission here to workers and u.s. workers and let's not forget wisconsin. this is paul ryan, former house speaker and there were all kinds of tax incentives and this is a giveaway and this is the test of the proposition that president trump says, look, globalization is bad and it's hurting to many people. i'm going to turn it around and he hasn't been able to do that. is he going to threaten them or take some sort of action? what's the remedy toward opposing globalization and protecting the american worker? where is he actually doing it and where is he able to say i was able to reverse this tide of businesses doing this the most efficient way for their business. >> trump is a businessman and he unders

and harley-davidson reports weak sales. what is driving people away from motorcycles? apple's big day. the tech giant set to report earning after the bell following its disappointing pre-announcement will there be anymore surprises. everybody all set? oh, any recommendations? the salmon roll's ok. just ok? is it fresh? sort of. the chef had it this morning. unfortunately he went home sick, but he left instructions with kyle! this fish is raw. do we need a minute? yes. just ok is not ok. especially when it comes to your network. at&t is america's best wireless network, according to america's biggest test. now with 5g e. more for your thing. that's our thing. amazon prime video so when you say words like... show me best of prime video into this... you'll see awesome stuff like this. discover prime originals like the emmy-winning the marvelous mrs. maisel... tom clancy's jack ryan... and the man in the high castle. all in the same place as your live tv. its all included with your amazon prime membership. that's how xfinity makes tv... simple. easy. awesome. >>> first eliz

a harley davidson owner's group is mourning the death of a member. 38-year-old vince harris was visitingamily in arizona when he was hospitalized saturday night with complications from the flu that developed into pneumonia. he died on sunday. members of the group say he was about to be certified as a road captain. >> i saw him three weeks ago at our road captain's meeting and he was healthy as horse joking around with everybody. >> i fully expected to see him saturday and go on the ride with him. the certification ride is this saturday in his honor. the department reported their fist flu death of the season of a 39-year-old with underlying medical conditions. >> in weather we've been tracking scattered showers. the main center of the system is making it's move on shore tonight. the rainfall rates have been picking up. some of the highlights are coming on board right now. about a tenth of the inch in the south bay, up to an inch and a half in the coastal hills a.wind advisory until tomorrow and high surf with waves around 15 to 25 feet. here the is satellite and radar and you can see the

the drug maker also giving 2019 full-year forecast that falls short of the consensus >>> and harley-davidsons they're under pressure this morning. you're looking at that stock down almost 6% harley earned 17 cents per share for the fourth quarter that was well short of the consensus. revenue also falling short, that on weak demand in the u.s. >>> let's tell you about a couple of other stocks on the move this morning. pg&e filing for chapter 11 bankruptcy protection as it deals with liabilities from wildfires in 2017 and 2018 the utility company has filed a motion seeking court approval for $5.5 billion in debtor and possession financing that stock down by about more than 5.5%. earlier we saw it down by over 10%. $11.32, the last tick right now. also whirlpool reporting $7.75 a share beating estimates of $4.23. the revenue did fall below what the street was expected. and whirlpool posted its first annual loss in more than ten years. however, the company expects to return to profitability this year that stock is down by 6% >>> all right. the fed is kicking off a two-day meeting and many market

we spoke >> reporter: members of the harley-davidson group in san jose is coming to grips with the sudden death of 38-year-old vince harris. >> it makes me sad. he was a great guy. he is a good father. he cared for his family. >> reporter: members were notified over the weekend. the draftsman was visiting family in arizona when he was hospitalized saturday night. he was admitted due to convocations with the flu that developed into pneumonia. on sunday, he passed away. he was about to be a road captain for the reputation ride this weekend. >> i saw him three weeks ago at our road captains meeting and he was healthy as a horse and was joking around with everybody. >> surprised and shocked. i fully expected to see him on saturday. >> the flu can affect anybody of all ages. that is why we urge people to get the flu vaccine. >> reporter: the health department report to the first flu death of the season. at 39 old resident with underlying medical conditions. it is unclear if that person was vaccinated. there for cases of flu this is what people rushed to the icu. those with chronic radical cond

because this is also on aheadli that harley davidson is saying their profits have been wiped out becausethe tariffs. >> harley davidson actually increased prices on their motorcycles in response to retaliation from europe. remember, the president just a few months ago heavily criticized that move. now they're saying even though we did that, we still can't make any money. if these tariffs go up, consumers can expect things from handbags to frozen fish to get more expensive. i think it's safe to say there are members of the trump administration who want a deal here. they say it's not going to happen this week. they want people to manage their expectations for the talks that are happening over the next couple of days. they say we have 30 more days before march 1st. they acknowledge that these are really sticky, really thorny, really long-term issues. but i think that we've seen the administration, the white house is willing to move the goal post on china. so if the president wakes up on february 28th and decides he wants a deal with china, he can make that decision. it really depends on the

the president announced harley davidson after it announced plans to move some u.s.as. coming up next, the trump administration's big carrot for trade deal with china. could all tariffs be scrapped? this is bloomberg. ♪ haidi: we are awaiting australian inflation numbers, just trickling in at the moment. the koran quarters cpi coming in at .4%, as expected. there on year, 1.8% for consumer price inflation numbers, slightly higher than the 1.7% we were expecting. inflationary pressures lower from the 1.9% from the previous third-quarter number. quote unquote a, cpi coming in than%, a little bit higher expected and picking up pace from the previous quarter. the headline number, 1.8%, a fair way away from the rba's target of between 2% to 3%, so unlikely to move the needle when it comes to that early february rba meeting. sophie kamaruddin in hong kong. after that inflation report from australia, we are seeing the aussie dollar pick up some momentum, adding .2%. not keeping track of the rally we are seeing an iron ore futures. singapore heading towards $83 a ton, given

. >>> harley davidson first all electric motorcycle. will cost about $30,000. >> it goes from zero to 60 in just under four seconds and it's automatic and it's quiet. you're riding a harley. >> here's the machine for you if you don't like folding your clothes. it debuted at the consumer electronics show in vegas. >> you load your clothes this in, they come out loaded. the price tag, $1,000. those are your techbytes. >>> have a great day. >>> i love that machine. >> you do? >> i fold my clothes. >> for a thousand bucks. >> not for a thousand dollars. >>> marie -- >> she wants you to roll it up. >> make it stand up. >>> a new dtition for the ast about thi hiding in plain sight in a bay area restaurant. we'll explain. >>> holy when i have an asthma attack... i feel like a fish with no water. learn how to prevent your child's next asthma attack. because even one attack is one too many. >>> let's take a look at what we should expect out of our next storm friday afternoon and through saturday. we'll have rain steady at times during friday. th

you ever own a harley-davidson, by the way >> oh -- >> so many things you've done in your life. >> i've you know, michael haley took me on a couple of harleys. we went to a harley store on route 10 in new jersey and candidly i was not the youngest person. i was the youngest person at the harley store i hadn't gotten my cabela yet, so i didn't have my bill -- my pelican bill. >> whatever that is. >> that's what happened. harley, look, it is a $5 billion company. david, i care more about thor. no, not the recreational vehicle. the syndergaard thor. >> a big mets fan, hard to not get excited by that. >> i met his dad. >> whose >> he was getting a -- 1993, couldn't have been nicer. >> great guy that was nice. all right, let's get to -- >> amd could be problematic. >> one of your favorites. >> absolutely. never dodges a tough question. >> that's something to be said >> to another man who never dodges a tough question, that would be pisani. there he is. >> here is the tough question, why are we up today? earnings, guidance has been lousy in the last 24 hours and, folks, it is earnings guidanc

other names posting results include harley—davidson and a number of drugmakers including pfizer.hat is ahead on wall street. —— a cerro round—up. joining us is richard dunbar, investment director at aberdeen standard investments. lots of tech stocks this week, apple are always closely watched? they had are always closely watched? they had a trading statement at the start of the year talking about a weaker consumer generally, particularly concerned about china and the lack of growth in china. there will be focused on the results today to get more results on that, both in new products from apple and the weakness in china. we are not upgrading other handsets as much as previously? the project we have is good and we are not wanting to have great data as much —— the project is good. and in some areas of the world we have reached saturation and there is good competition. one of the problems apple highlighted is a reduction in demand in china. we had caterpillar results out yesterday. china seem to be an issue for them? there were poor results particularly citing lack of growth in china

shares of harley davidson or falling.h-quarter sales and orders that missed estimates. they shipped 8% fewer of their iconic bikes. the company was caught up in the trade war. tariffs hurt sales overseas. the company beat estimates for sales, cloud revenue grew 38%. new bookings slow down. the profit outlook for this year lags expectations on the lower end. t-mobile will defend its $26 billion with sprint -- merger with sprint. skepticalspeak to a democratic-controlled committee. it would reduce the market to three carriers. that is your bloomberg business flash. thed: it's time for follow lead, a deep dive into the stories making headlines. all of this week, we look inside general electric. our focus is on what went wrong with its power division. ge has a big power problem. 2015.ought them in then, it ran into problems. >> it tends to be very challenging, it continues to be under pressure from energy efficiency, penetration of renewals. david: orders crumbled well cheap clean energy get cheaper. the power generation fore

harley-davidson, a big miss on both the top and the bottom line. eps of 17 cents a share.orning. nearly 10%. they are citing restructuring charges, incremental tariffs and recall costs. big troubles for the hog. verizon beating on eps but missing on revenue. yet another split here. eps $1.12 a share. revenue 34.3 billion. the stock trading down nearly 4% here. profit hurt by the restructuring of the media business as we have discussed. apple coming after the bell, critical earnings release for the markets here. eps estimate of $4.17 a share. revenue of 84 billion. we will be focused like a laser on iphones. iphone sales in china, is there an iphone recession going on in china right now? watch inventory for some of the details about that. meanwhile apple having trouble with face time. a bug where callers can eavesdrop on face time calls has cropped up. the company says they are checking it. but you should know that tim cook on monday, well, he was saying big things about international data privacy asking users to insist on reforms. i guess they have a problem. maria, back t

proud motorcycle enthusiast, he owns and can be seen riding a dyna low rider and a fat boy, both harley-davidsons. the freedom of the open road, along with personal responsibility are recurring themes in his books, speeches, and columns. a constant commentator on the state of the republic, governor daniels wonders whether we are capable of self-governance. perhaps, but only if we wear a helmet. governor daniels, welcome to "firing line." >> thanks, margaret. >> i'm delighted you're here, because you defined much of your political career, from the reagan administration to the bush administration to your tenure as governor in indiana, by a fiscal conservatism that we don't hear much about these days. and, so, i'm wondering if we could start by just pretending like we're in a complete political void. and if politics weren't a reality, how you would approach certain policy problems, void of the political reality. so, i'd like to take a couple at a time and just go back and forth with you in here. if you were to tackle the entitlement problem that we have in this country, first starting with social se

. >> reporter: members of a harley-davidson riding group are coming to grips with the death of 1 of their own. >> reporter: he was visiting family in arizona when he was hospitalized saturday night admitted due to complication with the flu developed into pneumonia. >> i saw him 3 weeks ago at our road captains melting and he was healthy as a horse and joking around with everybody. >> i expected to see him saturday and go on the ride with him. >> the flu can effect anyone of all ages and that's we it's so important to get the flu vaccine. >> reporter: a 39-year-old resident with underlying medical conditions was the first to have the flu. other kiss of people rushed to the icu were severely ill. and those with other chronic conditions are more at rick. >> they told us of the dangers and i went ahead and got the flu vaccine, the booster and i'm glad i did that. >> i knew that he was having heart problems or he was getting his heart looked at. >> reporter: members aren't sure if that or any other conditions consistent today to hariss' death. >> the world is a sadder place without him. >> rep

stuart: i will switch gears, you're saying, i read your stuff, millenials are going to kill harley-davidson on that one. >> absolutely. the only question is how fast. you have a generation of younger riders. harley is producing a bunch of new motorcycles are absolutely gorgeous but all at 25, $30,000 a pop. you have younger, hipper riders, many are female, can't pick up a big bike, are not interested in the harley mystique that propel i had. they need to produce what the japanese and europeans are producing, fun interesting, bikes priced under 10 grand. stuart: you're a motorcycle guy, aren't you? >> yes i am. stuart: you like to drive them around. would you buy an electric bike? >> i thought about that but there is not one yet either has the performance or range i'm looking for because i will head out on these things for thousands of miles at a time with me wife. half of time i'm riding into the studio before changing into business clothing. stuart: we don't know that we're glad you told that, keith. keep the leathers on and bash hat. >> you got it. stuart: you are all right. we'll see you

we are going to see harley davidson down 5.3%, the biggest 2009, blaming tariffs and they slowing globalconomy. -- in the slowing global economy. homes down. vonnie: home prices lower as well. maroutsos us, nick from newport beach, california. today is the first day of the fomc meeting, the first year after which we have a press conference after every meeting. what are you anticipating powell will say that is different from the last statement? nick: powell has backtracked on his hawkishness. whether you construe that as a iscommunication, we feel it going to take significant data points for him and the fed to get back into the hiking mode. ratesd slashed interest and they flooded the market with liquidity. while quantitative easing was able to help the u.s. economy e from the crisis, qualitative tightening is tougher to get right. it unwound a little bit of balance sheet. equity markets have shown they did not like that. comments.ked back his equity markets were often to the races for january. our belief is that the economy is not firing on all cylinders which points to the fed is going

. >> this is a voluntary recall of 44,000 harley-davidson motorcycles specifically street 750 and streetreak issue that could cause a crash. harley has stopped shipping those models. it includes 1200 motorcycles sold in the us, manufactured between may 2015 and december 2018. they know four crashes, two injured in crashes and they will be replaced on the front and rear brakes because of this issue. heather: let's talk about the super bowl. it is coming up and could soon be cashless. >> visa and the nfl partnered to make the super bowl a catch -- cashless event. and during the super bowl, one of those contactless cars, smart phone, and your beer, drinks and move on with your way within seconds. they hope to do this, they are working on this, and cutting down long lines. that is eventually the goal. that would be great. >> the time is 15, the major will change coming to one congressional committee. >> i feel strongly about this, you need to have medicare for all. >> this 2020 hopefully is in on medicare for all. there is a way to fix our system but medicare for all maybe not it. ♪ whoooo.

led lower by homebuilders and the likes of harley davidson.e also have the dow paring gains, but it is up by a quarter of a percent. do not forget to tune into the cable show with guy johnson and jon ferro. it is live on bloomberg and on digital radio in the london area. this is bloomberg. ♪ guy: from westminster i'm guy , johnson. in new york, i'm vonnie quinn. this is the "european close." let's get the latest on brexit. we are joined by a member of parliament, a conservative member who is the families minister in the government. a very lively session this afternoon, what is your sense of what the tory mps will back when it comes to the amendments? ,> i think the brady amendment it feelshat the -- like many colleagues are coalescing around in that. the dup have signaled that they will vote for that amendment. i shall be voting for it because i think it allows the prime minister to go back to the eu with something parliament can agree on, if of course that is passed. guy: the question then has to be, the eu has been a very clear that it does

he slaps on tariffs, which can have wiped out the harley davidson plant. he has not delivered on the promise. >> and used to pay much better than service jobs and the reason is they were unionides. in right-to-work jobs, that's what they're called. it's about half what it was 20 or 30 years ago, starting pay. so they're not great jobs. >> is it this a better economy than the one trump inherited two years ago? >> in terms of unemployment is a little bit better, yes. there are more jobs. but the great problem is not the number of jobs, it's the walt of the job. what people need are better jobs, higher wages, more secure, better benefits. that's the big problem across america. 78% living paycheck to paycheck with lousy jobs and that's the problem. >> i mean the proms of the stop -- the proms of the foxc oo nrbs is they can have a middle class life. that was why this is a tantalizing promise. why walker donald trump took out the golden shovels. >> and why they were elected across the midwest and the west belt. i mean workers genuinely and with good reason were

coming up, the trade war is hurting harley davidson, after the company reported deliveries tumbled inourth quarter. off the most since last july on the news. we will discuss if they can turn things around. this is bloomberg. ♪ mark: i'm mark crumpton with bloomberg first word news. more american troops are heading for the u.s. mexico border. the pentagon says the u.s. will be sending several thousand more troops to the southern border to provide additional support to homeland security. the pentagon has approved an extended u.s. deployment through the end of september. there are currently about 2400 american forces working on the border mission. the top u.s. intelligence official is casting doubt on president trump's goal of a nuclear disarmament korea. director of national intelligence dan coats testified before the senate intelligence committee today. currently assess that north korea will seek to retain and is capabilities unlikely to completely give up its nuclear weapons and production capabilities because it's leaders ultimately view nuclear weapons as critical to regime survival

more details about harley- davidson's first letter motorcycle.live wire bike was the highlight of harvey's display. the all electric motorcycle have a range of 110 miles can go from 0 to 60 in under four seconds and has a built-in cell service for easy connection. the bike is available to preorder for delivery in august and cost just under $30,000 before rebates. >>> starbucks shifting gears on the company plans for stores and stock they keep rebounding. there is optimism or trade talks with china. pam cook is in the studio with today's dollars and cents. >>> let's keep in nine us negotiators that is that they will discuss the talks with the white house before proceeding. they did they tied has promised to purchase a substantial amount of agricultural energy and manufacturing good the from of the us. we'll keep an eye on that. when the opening bell ring, we are following the investigation into a deadly earning money crashed happened on highway 101. sal was all over this. chp officers do not know when they will fully reopen the lanes. struck the c

selling pitch he has had is the economy and the market, which are different but we have seen harley-davidsongm, and ford leave. those are going to be powerful campaign ads used against incumbent the local level where the reagan democrats, who everyone keeps calling donald trump space. i argue it's only the reagan democrats with a new name. that's always been about the working class element and how to appeal to them. >> one quick question. elizabeth warren says she is exploring the presidential race. no specific word from kamala harris who said she would decide by the end of the year do you think she will run? >> i think she's all in. she is waiting for the right opportunity. i think she is waiting for the dust settles, maybe 10 days or so. i think in the next 10 days we will get an answer. >> james taylor. professor of political science at usf. thank you for joining us. >>> president trump and congressional leaders plan to meet again tomorrow at the white house to see if they can end the stalemate that has caused a partial shutdown of the government. the two sites cannot break the impasse ov

and harley-davidson, folks, fell 5%. its earnings basically wiped out in 2018.ent trump's trade war here. >>> sunday's big game isn't just about football. there's a soft drink show down. coke versus pepsi. pepsi one of super bowl liii's biggest sponsors. and it has swarmed coke's hometown with 350 ads on billboards, recycling bins, even the walls of train stations. there's one billboard down the street in the world of coke could co coca-cola museum reading pepsi, how refreshing. sam adams getting into the beer saying too old too slow. people will have a chance to buy the beer which comes in a g.o.a.t.-themed can tomorrow. >>> thanks for joining us, everybody. i'm christine romans. >> happy early birthday to you tomorrow. >> thank you, thank you. >> follow us >>> it's really, really dangerous out right now. >> we're talking wind chifls minus 30 to minus 60. >> officials say time outside should be limit and u.s. postal service is suspending delivery in ten states. >> we have won against isis. we've beaten them and we've beaten them badly. >> isis is intent on resu

you know, certainly what you saw with harley-davidson shipping jobs overseas when the president i was shell shocked on that news. we're seeing signs of, this i'm wondering what's going on. >> i would argue it's not the appropriate role of a president to create policy through tweeting or calling up ceos to try to lambaste them for decisions he doesn't like. i said i would like to see the administration to continue to focus efforts on creating competitive ecosystems here in the united states. that's tax reform. building on the successes could ameliorate all of these other situations you just described. to talk about drug prices, as you mentioned before, this is a hedge. these company look what's coming down the pike and what is possible for them. with democrats in control, you know sure as heck they won't repeal the obamacare takeses that raise the prices for drug company. they're trying to build in some cushioning as you look into a new year and know that they're not getting reprieve from the regulatory onslaught that has been exploited. >> neil: for these company defying the president

everything from advanced microdevices, micron, intel, western digital, other names like harley davidson, which just six months ago was really in a very harsh spotlight when it came to international trade. harley is moving higher by 4.5%. caterpillar up 5%. deere, boeing, corning, everybody making major gains at this hour. >>> discussing the bruising apple took yesterday for cutting its revenue forecast and blaming china's slowing economy, we had questioned, remember this yesterday, whether ceo tim cook knew exactly what he was doing by warning. i asked our tech experts whether confessions from massive companies like apple, where they actually pinpointed china's sluggish growth have enough power, does apple have enough power to force the u.s. and china to come to terms on a trade deal? this morning on "varney" national economic council director larry kudlow hinted at the power the private sector really has. >> any ceo can help us. talk to the chinese leadership, for example. talk to the locals. talk to the state people. talk to the top councils. talk to president xi. liz: so should tim c

second, the president's tariffs drive harley-davidson sales downhill.ny seeing retail sales drop by 10%. it's also having trouble getting younger riders to buy bikes. and finally, prosecutors are delivering closing arguments in the el chapo trial. the drug lord is charged with 17 criminal counts. fox news alert. we're getting another update from senator kamala harris on healthcare. peter doocy caught up with her. watch, this. >> the bottom line and the most important is that everyone have access to healthcare. that's the goal, the purpose for me taking on the policy of medicare for all. that everybody have access to healthcare for all, period. >> dana: she's been facing criticism after suggesting that she may want to end private health insurance. this is so cool. that's brennan lutz. he's on top of africa's highest mountain in tanzania. he's back making the awesome graphics on the show. excited for him. so now, thanks for joining us. a good show. let's see what shepard smith is brewing up on his show. i'm dana perino. here he is. shep? >> shepard: right

if you missed even a second of claman's coverage from ces, you can see harley davidson's electric motorcycleved on her facebook page or bmw's autonomous motorcycle or harmon's connected car. liz tweeted about all of it. follow her. there you have it. turbulence in the skies. let's check the big board right now. dow's up 63 so still higher up five days in a row. the other markets are as well. american airlines grounding the airlines sector at this hour. shares nosediving all the way to the bottom of the s&p 500 after the carrier issued a disappointing fourth quarter forecast and it's stoking fears that slowing global demand may be hitting travel demand. delta, the only up arrow on the screen. >>> cbs not just depending on reboots for its on-airlineup. coming up, charlie gasparino with the new exclusive details on the broadcast giant's search for a new leader in the wake of moonves' scandalous exit. that's next on "countdown." i can't tell you who i am or what i witnessed, but i can tell you liberty mutual customized my car insurance so i only pay for what i need. oh no, no, no, no, no, no, no

trump's tariffs causing harley davidson shares to decelerate. the motorcycle maker reporting worse than expected profit and forecasting lower shipments. that stock down six full percentage points right now, and the bigger news is that it will increase investment not in the u.s. now, but at its thailand plant as it tries to get around the import duties imposed by the european union on motor bikes coming in from the u.s. >>> plus u.s. retail sales tumbled t ed 10% in the quarter. harley is struggling to attract younger riders. harley is getting hit dramatically here. >>> but we just got the best indication yet how motivated or not congressional leadership is to avoiding the shutdown and keeping president trump out of the situation for the moment. listen to this from the last hour. senate minority leader -- senate majority leader mitch mcconnell and senate minority leader chuck schumer. >> we've come to big agreements before, for example, on budgets and russian sanctions. what was the common theme? when the president stays out of the negotiations,

steel and aluminum companies but as you reported yesterday, you have american manufacturers like harley davidson and others that are the end users of these products that are now feeling the pain of it and it's beginning to show up not only in their earnings but they have to make some tough decisions whether they have to shift manufacturing to mexico or canada, for example, where they wouldn't be subject to those tariffs. and then one of the american industries caught up in all of this, of course, are agribusiness, our farmers who are always subject to retaliation and are now losing billions of dollars of lost opportunity, not only in china but because this is going on against the backdrop of the 11 other surviving members of the transpacific partnership having put that agreement into force in january. now we're locked out of that market, so i think you can see all of us, no matter whether we agree with the president's strategy or not, are hopeful these talks will be productive and can back away from this war that's hurting both our economies. >> ron, how do you interpret the chinese position at

we'll talk to you about hog, harley-davidson. this was a miss on both the top and bottom line today. that company coming in at 17 cents a share versus 28 cents. revenue at 955 million. a big miss there. is this the profit being wiped out by tariffs or do they have just the wrong products? that is the debate about that stock. back to you guys. connell: tariffs certainly are an issue for harley. gerri willis at nyse. melissa: stakes are hide. trade negotiations are set to resume in washington between the u.s. and chinese officials edward lawrence is following the story all along. what is the latest twist. reporter: china is talking tough about charges against huawei and its cfo. stopping short that it will make impact on trade talks tomorrow. when asked if huawei case will be brought up by trade negotiators at table a spokesman for the chinese foreign ministry we hope teams will work with strong consensus between the two presidents and work in the same direction for a mutually-acceptable solution. with iran and lying and stealing t

two days ago, harley davidson, tariffs wiped out their entire profit. this is having an impact on bottom line. is there urgency among the president's circle on the impact this is having on the u.s. economy? >> at the end of the day, the president is a quote, tariff man, right? that's kind of his -- that's where he leans. it is what it is at this point. but i would say this to that. remember going into the g-20, buenos aries dinner, the president and the u.s. team had said come january 1st, the 10% tariff levels will go to 25%. they held off on that for this 90-day negotiating window. today, at this very moment as we stand here, they are saying four weeks from now, it's going back up to 25%. will it be that way in four weeks? i don't know. there's going to be at least a meeting potentially, maybe even two between president trump and president xi by then. that will be the determining factor. >> quick question for your sourcing. it's deirdre. have you heard that u.s. trade represent robert lighthizer, he is nervous that maybe president trump is going to gi

week, we were dealing with poor 2019 guidance from whirlpool and 3m and lo lockheed martin and harley-davidson. now apple's not so bad report and guidance from companies like boeing, amd and chips and anthem in health care, for example. they've all helped buoy the markets today. it wasn't all perfect. juniper and tupperware provided disappointing guidance and are paying the price overall the problem now is, we are bumping up against the high end of the trading range the markets are pricing in not just okay earnings but also a dovish fed and positive outlook on trade talks and that's making the market rather pricey right now. kelly, back to you >> thank you, bob pisani >>> less than an hour from the fed's decision on interest rates. the chairman speaks. now he's doing that every meeting. what are investors expecting to hear this time around? let's ask the chairman of strtegis research. and greg from "the wall street journal" and steve liesman, our senior economics reporter. great to have you all on board here jason, i'll begin with you a lot of bs talk, balance sheet talk that is today that's t

all those harley davidson riders or employees who have been hurt so badly by the tariffs.ly wiped out. now people in wisconsin aren't getting those jobs. will this impact the president? >> we'll have to see how it plays out this year. this is partly why the white house continues to focus on immigration. they say immigration for them is not only an issue that's about national eye dent tishgs it's a way of connecting with blue color workers who may be frustrated with the way the economy's going for them. they see immigration as a way that protects their own jobs. union workers have often had reservations about rising immigration levels, whether it's illegal or legal immigration. er there trying to play to that impulse in the electorate as much as they are to play into the conservative side. >> either the economy is so good, look at low unemployment. or immigrants are stealing all our jobs. can't really have both. i want to take a quick look at markets. they opened now six minutes ago. can we take a look? we're down about 150 this morning. i want to point out something that y

harley—davidson is talking about the difficulties the trade war is costing on its business.ce is pointing to the fact that despite what administration officials are saying, it does seem to be having an impact on american companies. the question is, word is that lead to? on one hand, concerns over national security in the case of huawei, that is partly behind this. there is also a split vision over what the direction of these two giant economies should be. on the one hand you have the alerts model in america, the state led model in china. that is what the americans would like to see change. it is a big ask and it is unclear if the chinese can meet them on that. president hollande probably feels he has the upper hand at the moment given the lagging chinese economy, but around the world, looking at the growth figures dynastic and china, everybody‘s was slightly panicking because it affects the world economy when china slows down. yes, we have christine lagarde, the head of the imf, warning that trade wars would have a negative effect on the slowing global economy. there is incr

. >> now show me please harley-davidson. i think you've got this one right as well -- you told us yesterday don't touch harley-davidson, and i forget the reason why. but it did sell off now it is back up a little bit this morning. did you go wrong on harley, keith? not at all situation reminding me of sears i hate to be harsh one out of touch with market and producing heavy machinery in markets don't want it at 30,000 dollars a unit if they want to compete they've got to cater to the plane yams which are slowly killing the business. hold on for a second because i want to talk about facebook for a moment they are pain to install soft square that tracks everything they do. everything revealed they pay for information but that's getting out of that -- >> basically a vpn research app they're advertising hoping teens will download that takes all a of the users phone and web activity and they say this is for rrnlg purposes to improve their services. but -- when you are targeting 13 to 35-year-old paying them up to 20 dollars month