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maria.>> can i interject? dd that also bernie is hopeful of having a pretty big voice at the convention in terms of platform and policy. but dagen's totally right. you know, in the last couple of years we've seen bernie sanders push the country really to the left and what's particularly offensive to me is the anti-business rhetoric that he is so passionate about. he talks about the pharmaceutical companies being crooks and liars and stuff. the trouble is, that's infecting our policy making. when nancy pelosi gets around to doing a stimulus bill now, she can't afford to make it look like anything is being done to the -- in favor of keeping our big businesses afloat without strings attached which is the sort of polite way of saying government involvement, government stakes in these companies, et cetera. it's really kind of dangerous. and, look, right now joe biden is not doing terribly well, i don't think, in terms of being out there, having a message, et cetera. bettebernie sanders is as likelo have an important
maria.>> can i interject? dd that also bernie is hopeful of having a pretty big voice at the convention in terms of platform and policy. but dagen's totally right. you know, in the last couple of years we've seen bernie sanders push the country really to the left and what's particularly offensive to me is the anti-business rhetoric that he is so passionate about. he talks about the pharmaceutical companies being crooks and liars and stuff. the trouble is, that's infecting our policy...
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Apr 14, 2020
04/20
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maria. as you well know. i talked about this on your show. yeah. >> one of the worst -- maria: you did. >> one of the worst kept secrets in the world is, we only produce 48% of -- national security in this country. maria: how come they haven't done anything about it in years? this is four administrations. it's outrageous. richard, good to see you this morning. take good care, okay. richard trumka joining us there. we'll be right back. i just love hitting the open road and telling people that liberty mutual customizes your insurance, so you only pay for what you need! [squawks] only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ maria: welcome back. covid-19's economic impact, goldman sachs saying advanced economies will shrink 3 35% this quarter. joining me to talk about that is former defense and economic minister, kt gutenberg. thank you for being here. that is a sharp contraction that we are all looking at in the second quarter. how do you see it? do you think we are going to see as jamie dimon put it a severe recession, li
maria. as you well know. i talked about this on your show. yeah. >> one of the worst -- maria: you did. >> one of the worst kept secrets in the world is, we only produce 48% of -- national security in this country. maria: how come they haven't done anything about it in years? this is four administrations. it's outrageous. richard, good to see you this morning. take good care, okay. richard trumka joining us there. we'll be right back. i just love hitting the open road and telling...
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Apr 5, 2020
04/20
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maria: right. well il say this , governor cuomo joined me on this program three weeks ago, and three weeks ago he said to me, maria i'm going to make a decision on the bail reform law by april 1, so i'm going to be calling him when i get off, when i go on air here governor cuomo expect my call i'm going to call you to find out what is happening with the bail reform law in the face of all of this. mr. mayor it's great to see you this morning. >> good to see you maria. and god bless you for the coverage. its been about the best that i've seen. thank you. maria: thank you so much. i'll see you soon. rudy giuliani, coming up he was one of the first to warn about the covid-19 threats impact on the economy now former chief white house strategist steve bannon is back because we have another looming disaster related to this pandemic, what he says the u.s. needs to do in the next 30 days as we look ahead on on the next "sunday morning futures." all her life that i should fix it. and now it reminds me of her. i'm j
maria: right. well il say this , governor cuomo joined me on this program three weeks ago, and three weeks ago he said to me, maria i'm going to make a decision on the bail reform law by april 1, so i'm going to be calling him when i get off, when i go on air here governor cuomo expect my call i'm going to call you to find out what is happening with the bail reform law in the face of all of this. mr. mayor it's great to see you this morning. >> good to see you maria. and god bless you for...
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i don't know, maria, i think our jobs might be in jeopardy, just my opinion. [laughter] maria: well, she did explain it very well actually, that was gate. love it, cheryl. cheryl: thank you. maria: coronavirus spreading throughout the united states, the latest numbers show nearly a quarter of a million confirmed cases in the u.s., more than 6,000 deaths and over 1,000 just in the past day. the cdc is expected to advise all americans to wear clothe masks in public. the virus could be spread through breathing or talking. president trump spoke about the potential measure yesterday. >> as an example on the masks, if people we wanted to wear them, they can. if people wanted to use scarfs which they have and many people have them, they can. now recommendations are coming out and we will see what the recommendation is. maria: joining me right now is infectious disease expert johnson hopkins senior scholar amish, great to have you this morning, what's your take on this. , are we just vulnerable walking around talking to people because the virus is in the air? >> the id
i don't know, maria, i think our jobs might be in jeopardy, just my opinion. [laughter] maria: well, she did explain it very well actually, that was gate. love it, cheryl. cheryl: thank you. maria: coronavirus spreading throughout the united states, the latest numbers show nearly a quarter of a million confirmed cases in the u.s., more than 6,000 deaths and over 1,000 just in the past day. the cdc is expected to advise all americans to wear clothe masks in public. the virus could be spread...
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Apr 11, 2020
04/20
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>> maria, i hope not.e we can get back to the point -- i think everything i hear from the medical professionals in many places we're close to the worst point and beginning to peak, and i think then things are going to get better. and i know the president is very much looking at how we can reopen parts of the economy. there are parts of the country like new york where, obviously, this is very, very concerning. there's other parts of the country where it's not, and i know he's meeting with the task force and the medical professionals and getting posted on this every day. maria: you said with me a couple of weeks ago that in the fourth quarter we'll see a gigantic rebound. how quickly do you expect a snapback once we do see the economy open up again, secretary? >> maria, i think certain parts of the economy you're going to see come back immediately, certain things are going to take longer. but i have every expectation that we will kill this virus soon, and when we do that, you're going to see a very big bounc
>> maria, i hope not.e we can get back to the point -- i think everything i hear from the medical professionals in many places we're close to the worst point and beginning to peak, and i think then things are going to get better. and i know the president is very much looking at how we can reopen parts of the economy. there are parts of the country like new york where, obviously, this is very, very concerning. there's other parts of the country where it's not, and i know he's meeting with...
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but i think -- maria: i assume she's trying to lessen the crowds.e she's just trying to lessen the crowds. and you're doing all of this, hayward and you've also giving back. you've got a charitable announcement this morning, right, tell us about that. >> we're so deep in the communities. we have a lot of share, our customers are very loyal to us. so one of the things we want to be is really side-by-side with the folks who are helping us on the front lines. we're just so proud of the courageous men and women who selflessly continue to do their jobs. so this morning we a announced that we're committing $5 million to a covid-19 nonprofit package which will provide 1.5 million to organization that's are supporting front line healthcare providers and first responders, 1.5 million to support regional foundations and relief funds across the country including new york, 1 million to support national community organizations like feeding america and boys and girls clubs because one of the things is now that the kids aren't in school, they're not getting in man
but i think -- maria: i assume she's trying to lessen the crowds.e she's just trying to lessen the crowds. and you're doing all of this, hayward and you've also giving back. you've got a charitable announcement this morning, right, tell us about that. >> we're so deep in the communities. we have a lot of share, our customers are very loyal to us. so one of the things we want to be is really side-by-side with the folks who are helping us on the front lines. we're just so proud of the...
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Apr 21, 2020
04/20
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maria: okay. jack: i they are on a path probably to do something in terms of jailing some of these people which will absolutely be tragic and people just exercising their civil liberties to demonstrate. maria: yes, general, thank you so much for weighing in this morning. we will certainly be watching this very important story. general jack keane. quick break and coming up, the coronavirus life span, how long can this virus live on surfaces, on clothes, on shoes, even your mail, we are zeroing in. stay with us. ♪ maria: welcome back, alarming numbers this morning on coronavirus. los angeles county residents may have been infected by early april surpassing official numbers of confirmed cases. research finding that over 4% of the adults have antibodies in their blood indicating past exposure. joining us right now fox news medical contributor and author of the book make america healthy again, dr. nicole saphier, thanks for being here. these are startling statistics. tell us about the antibodies and what we ne
maria: okay. jack: i they are on a path probably to do something in terms of jailing some of these people which will absolutely be tragic and people just exercising their civil liberties to demonstrate. maria: yes, general, thank you so much for weighing in this morning. we will certainly be watching this very important story. general jack keane. quick break and coming up, the coronavirus life span, how long can this virus live on surfaces, on clothes, on shoes, even your mail, we are zeroing...
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maria: no, i understand.ada and latin america are at a different place right now with covid-19 than america is, right? i mean, america now has become an epicenter, and an emergency management official in florida was on fox news this week, and he is alleging that 3m is shipping equipment to foreign companies who outbid u.s. buyers. he realized this was happening when he could not purchase the essential equipment that he needed and the distributers, and the distributers said somebody else was willing to pay more. so are you selling this equipment to the highest bidder, mike? >> we are -- maria, we are, and let me say this from the beginning, we have not and would never use prices for supplies like this, vital supplies in this crisis to not sell to the highest bidder. we manufacture respirators, we sell them through authorized distributers, and we sell directly to the government, and the distributers take those to the customers that have the greatest need. and we're working with fema in the u.s. to make sure we
maria: no, i understand.ada and latin america are at a different place right now with covid-19 than america is, right? i mean, america now has become an epicenter, and an emergency management official in florida was on fox news this week, and he is alleging that 3m is shipping equipment to foreign companies who outbid u.s. buyers. he realized this was happening when he could not purchase the essential equipment that he needed and the distributers, and the distributers said somebody else was...
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>> sure, maria. so is brilliant that they acted quickly, the government realized the restaurant, second largest employer in the country, $500 billion food away from home and what they passed was great but it's not big enough. it's going to have to be much, much bigger especially for the culinary world in, say, san francisco, la, new york, miami where rents are high, overhead is high and restaurants were already on thin margin so it's going to have to be extended for months or a year, restaurants can't take on more debt and moving target on when this date is, nobody really understands when restaurants will be back to full occupancy, they can't take the chance to take a loan and have more debt. it has to be -- it has to be a grant and it's going to have to be very long term. maria: because any money that a restaurant spends on nonpayroll expenses which could be by the way paying a vendor, that converts to a loan of a 2-year majority, servicing debt will overwhelm cash flow generation? >> yeah. when you say
>> sure, maria. so is brilliant that they acted quickly, the government realized the restaurant, second largest employer in the country, $500 billion food away from home and what they passed was great but it's not big enough. it's going to have to be much, much bigger especially for the culinary world in, say, san francisco, la, new york, miami where rents are high, overhead is high and restaurants were already on thin margin so it's going to have to be extended for months or a year,...
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maria: no, i understand.ada and latin america are at a different place right now with covid-19 than america is, right? i mean, america now has become an epicenter, and an emergency management official in florida was on fox news this week, and he is alleging that 3m is shipping equipment to foreign companies who outbid u.s. buyers. he realized this was happening when he could not purchase the essential equipment that he needed and the distributers, and the distributers said somebody else was willing to pay more. so are you selling this equipment to the highest bidder, mike? >> we are -- maria, we are, and let me say this from the beginning, we have not and would never use prices for supplies like this, vital supplies in this crisis to not sell to the highest bidder. we manufacture respirators, we sell them through authorized distributers, and we sell directly to the government, and the distributers take those to the customers that have the greatest need. and we're working with fema in the u.s. to make sure we
maria: no, i understand.ada and latin america are at a different place right now with covid-19 than america is, right? i mean, america now has become an epicenter, and an emergency management official in florida was on fox news this week, and he is alleging that 3m is shipping equipment to foreign companies who outbid u.s. buyers. he realized this was happening when he could not purchase the essential equipment that he needed and the distributers, and the distributers said somebody else was...
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Apr 19, 2020
04/20
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maria: what will happen to companies that are aligned with china? >> two things. i think this has been a real moment for business leaders all across america to see the political risk associated with operations inside of china. you know this maria you've been around a lot of these people they can deal with commercial risks and political risk, it's enormously difficult to deal and now we've ripped the band aid off, the political risk connected to that and second the united states government has a responsibility to we need to make sure the supply chain for the products that matter, for american national security and keeping people safe are no longer dependent on any single country, and we have a responsibility to get that right maria: so with peter navarro this morning, peter you're the point man on the supply chain. we're going to take a break and when we come back from the break i'll ask you what you're doing right now but broadly speaking before we go to break real quick , do you see a different shift in thinking from companies trying to move the supply chain back t
maria: what will happen to companies that are aligned with china? >> two things. i think this has been a real moment for business leaders all across america to see the political risk associated with operations inside of china. you know this maria you've been around a lot of these people they can deal with commercial risks and political risk, it's enormously difficult to deal and now we've ripped the band aid off, the political risk connected to that and second the united states government...
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Apr 29, 2020
04/20
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have to stop cooking, i really do. maria20 race still taking shape this morning but hillary clinton is throwing her support to former vice president joe biden, he did it yesterday during town hall, watch. >> i want to add my voice to the many who have endorsed you to be our president. just think of what a difference it would makele right now if we had a president who not only listened to the science, put facts over fiction but brought us together. maria: this coming as former georgia state representative stacy abrams keeps up her campaign for vice president when asked about the tara reade allegations against joe biden says she believes him and biden will make women proud. joining us to navigate the next couple of months senior editor for the federalist, chris, good to see you. thanks for joining us. >> good morning. maria: your reaction and what the covid-19 disaster? >> basically joe biden was chosen by democratic party and allies in the media weeks ago and increasing sexual assault allegations or increasing corroboration f
have to stop cooking, i really do. maria20 race still taking shape this morning but hillary clinton is throwing her support to former vice president joe biden, he did it yesterday during town hall, watch. >> i want to add my voice to the many who have endorsed you to be our president. just think of what a difference it would makele right now if we had a president who not only listened to the science, put facts over fiction but brought us together. maria: this coming as former georgia...
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Apr 30, 2020
04/20
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i want to give a shout-out. maria: i figured.cocktail quite a while ago equal part rie compari or equivalent vermouth i use cherries italian cherries shout-out to people at fort hey spirits make compari alternative in broad lynn seek them out most delicious that you will try fort hayes spirits, i know nothing about them use liberal amounts, of their red spirit, and it is floral citrusy aspe spectacular all i have to say many governments easing restrictions on restaurants to allow consumers to apply alcohol to go, during this pandemic, texas governor greg abbott tweeted rules could remain if place forever chris before this you weren't allowed to buy liquor when you bought take out food they encourage it now need the revenue. >> absolutely, in the beginning we appreciate recognize the importance of making alcohol retail essential the jobs our industry contributes to he overall economy is important, very, very pleased 14 states so far have adopted creative rules to help keep restaurants certainly in business, and certainly consumers
i want to give a shout-out. maria: i figured.cocktail quite a while ago equal part rie compari or equivalent vermouth i use cherries italian cherries shout-out to people at fort hey spirits make compari alternative in broad lynn seek them out most delicious that you will try fort hayes spirits, i know nothing about them use liberal amounts, of their red spirit, and it is floral citrusy aspe spectacular all i have to say many governments easing restrictions on restaurants to allow consumers to...
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Apr 27, 2020
04/20
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maria: i like it. good stuff. cheryl, thank you. cheryl: you bet. ia: we are gearing up to restart the economy in a slow and rolling fashion. some states are easing restrictions on stay at home orders, allowing businesses such as salons, gym, restaurants to open as long as they follow cdc guidelines. joining me now is starwood capital group chairman and ceo, barry sternlicht. hope you're safe and strong. thanks for joining me. >> thanks, maria. good to be with you this morning. it's been a long time. maria: it has. and i want to ask you about your expectations for a recovery. you've got your hands in so many businesses and have a great vantage point in understanding how things might change. what are your exec stations for a recover -- expectations for a recovery and a reopening. >> it's all about the pace of the reopening and i'm glad we're getting on with it, frankly. i think i've been quoted as saying we should open the economy, i really believe first we should take care of the people who are most at risk, elderly and people with preconditions. the
maria: i like it. good stuff. cheryl, thank you. cheryl: you bet. ia: we are gearing up to restart the economy in a slow and rolling fashion. some states are easing restrictions on stay at home orders, allowing businesses such as salons, gym, restaurants to open as long as they follow cdc guidelines. joining me now is starwood capital group chairman and ceo, barry sternlicht. hope you're safe and strong. thanks for joining me. >> thanks, maria. good to be with you this morning. it's been...
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Apr 20, 2020
04/20
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andrew: that is a problem, maria, i couldn't agree with you more. in new york city, the government is encouraging people to squeal on others. now that is a very, very dangerous slippery slope. maria: that's right. andrew: because if the government -- maria: mayor de blasio is saying that as well there's nothing to stop you from moving forward. i have the power to lower my blood sugar and a1c. because i can still make my own insulin. and trulicity activates my body to release it like it's supposed to. once weekly trulicity is for type 2 diabetes. it's not insulin. it starts acting from the first dose. and it lowers risk of heart attack, stroke, or death in people with known heart disease or multiple risk factors. trulicity isn't for people with type 1 diabetes or diabetic ketoacidosis. don't take trulicity if you're allergic to it, you or your family have medullary thyroid cancer, or have multiple endocrine neoplasia syndrome type 2. stop trulicity and call your doctor right away if you have an allergic reaction, a lump or swelling in your neck, sever
andrew: that is a problem, maria, i couldn't agree with you more. in new york city, the government is encouraging people to squeal on others. now that is a very, very dangerous slippery slope. maria: that's right. andrew: because if the government -- maria: mayor de blasio is saying that as well there's nothing to stop you from moving forward. i have the power to lower my blood sugar and a1c. because i can still make my own insulin. and trulicity activates my body to release it like it's...
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Apr 13, 2020
04/20
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>> you know, i don't know about the package itself, maria, what i will say that i think it's importantall business that needs the funding of this program that qualifies should get it, so if there are additional funds that are necessary, they should be provided. maria: all right, we will leave it there. noah wilcox. thank you, brad, final word. >> maria, i want to say that small business owners are struggling to get those answers they need go to icba.org, find a community bank that will take care of you and love as much as noah and i do our customers. [laughter] maria: i love that. thank you, gentlemen, great to see you and we will be right back. maria: welcome back, more now on the coronavirus crisis. the united states now leading the world in the number of reported coronavirus cases and deaths, over half a million americans have contracted covid-19 and over 22,000 people in america have died. this coming as california is rolling out coronavirus antibody testing which could help large-scale testing efforts which could lead to reopening of the u.s. economy. joining us to talk about that
>> you know, i don't know about the package itself, maria, what i will say that i think it's importantall business that needs the funding of this program that qualifies should get it, so if there are additional funds that are necessary, they should be provided. maria: all right, we will leave it there. noah wilcox. thank you, brad, final word. >> maria, i want to say that small business owners are struggling to get those answers they need go to icba.org, find a community bank that...
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Apr 23, 2020
04/20
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maria. great spending time with you. ing safe, you and everyone in your family as well. maria: right back at you. stay safe and strong, joe. what do you think about this, this will be something to watch tonight, the draft. what are you expecting from this virtual -- >> it's a little bit remote and virtual when you get past some of the first round picks. you're going to miss the crowds. you're going to miss the energy. you're going to miss the enthusiasm. the players and the coaches have a little bit of an understanding of one another. they did have a chance to meet with i believe 300 and some odd players at the combine. i feel bad for the guys that had their pro days scheduled, didn't have a chance to get a workout. now everybody will have to rely pretty much on film to make determinations of who they want to be on their football team. it's like everything else in the world, maria, every day is a new adventure, every day is something different that we have to deal with. maria: yeah. it's really true. so are you feeling goo
maria. great spending time with you. ing safe, you and everyone in your family as well. maria: right back at you. stay safe and strong, joe. what do you think about this, this will be something to watch tonight, the draft. what are you expecting from this virtual -- >> it's a little bit remote and virtual when you get past some of the first round picks. you're going to miss the crowds. you're going to miss the energy. you're going to miss the enthusiasm. the players and the coaches have a...
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Apr 26, 2020
04/20
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maria: mr. mayor iyou to come back to talk about what new york city and new york will look like when we get out of this. i want to know what the subways are going to look like. are they going to be different? i want to know in terms of getting back to work will you come back soon so we can talk about that because we haven't covered enougugugugug this is an athlete, twenty reps deep, sprinting past every leak in our softest, smoothest fabric. she's confident, protected, her strength respected. depend. the only thing stronger than us, is you. she's confident, protected, her strength respected. there are times when our need to connect really matters. to keep customers and employees in the know. to keep business moving. comcast business is prepared for times like these. powered by the nation's largest gig-speed network. to help give you the speed, reliability, and security you need. tools to manage your business from any device, anywhere. and a team of experts - here for you 24/7. we've always believed in t
maria: mr. mayor iyou to come back to talk about what new york city and new york will look like when we get out of this. i want to know what the subways are going to look like. are they going to be different? i want to know in terms of getting back to work will you come back soon so we can talk about that because we haven't covered enougugugugug this is an athlete, twenty reps deep, sprinting past every leak in our softest, smoothest fabric. she's confident, protected, her strength respected....
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Apr 26, 2020
04/20
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maria: mr. mayor it you to come back to talk about what new york city and new york will look like when we get out of this. i want to know what the subways are going to look like. are they going to be different? i want to know in terms of getting back to work will you come back soon so we can talk about that because we haven't covered enough mr. mayor it's great to have you today, thank you, sir. won't be a new thing. and it won't be their first experience with social distancing. overcoming challenges is what defines the military community. usaa has been standing with them, for nearly a hundred years. and we'll be here to serve for a hundred more. . . . howie: this is a fox news alert as the coronavirus death toll approaches 54,000 in the united states shall parts of america are taking the first tentative steps toward opening a shuttered economy. in georgia and oklahoma, spas, air salons and other businesses began opening friday. more will take that step by tomorrow. almost every business in missouri wil
maria: mr. mayor it you to come back to talk about what new york city and new york will look like when we get out of this. i want to know what the subways are going to look like. are they going to be different? i want to know in terms of getting back to work will you come back soon so we can talk about that because we haven't covered enough mr. mayor it's great to have you today, thank you, sir. won't be a new thing. and it won't be their first experience with social distancing. overcoming...
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jon: maria, can i throw something out there. : real quick, jon, then we will go to break, go ahead, jon. jon: i think this is going to be a tough moment for landlords and bond holders because their payments aren't going to come through and we have to watch the credit markets very carefully. the fed is doing a lot to prop them up. i am seeing some positive signals that they are functioning in junk bond markets and investment grade markets. that's really what we need to hold up over the next couple of weeks to get through this so that, you know, the bond holders and landlords don't start really falling under the pressure of all of the missed payments. maria: absolutely. we will talk about the credit markets coming up. we are just getting started. we have a lot coming up as dr. dr. mikhail varshavski. dr. mike. president trump says it's going to be a painful 2 weeks. cyber guy, kirk, how to keep your online meeting secure, 7:00 a.m. hour don't miss james bullard, why he says we will see unemployment skyrocket. plus henry shine, ceo
jon: maria, can i throw something out there. : real quick, jon, then we will go to break, go ahead, jon. jon: i think this is going to be a tough moment for landlords and bond holders because their payments aren't going to come through and we have to watch the credit markets very carefully. the fed is doing a lot to prop them up. i am seeing some positive signals that they are functioning in junk bond markets and investment grade markets. that's really what we need to hold up over the next...
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Apr 17, 2020
04/20
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maria. this is pretty good. i wouldn't know how to build one step of that thing but they did the whole thing in 13 hours. maria: that will keep you -- you busy while staying at home. cheryl, thank you. cheryl: you bet. maria: we are talking about reopening the economy this morning. president trump announcing formation of great economic revival industry groups with leaders from sectors across the economy working toward a path forward amid the covid-19 pandemic. one of the sectors represented telecommunications compromised from leaders of top american companies such as verizon, comcast and charter, joining me right now ceo of verizon hans vestberg. i know you spoke with president trump on the telephone, can you tell us from your standpoint about how to reopen the economy? >> the conversation is everyone is calling me back as soon as possible and more important health and safety concerns, so that has to balance out in this time and ceo's what they are doing in private sector to get the economy starting and doing thei
maria. this is pretty good. i wouldn't know how to build one step of that thing but they did the whole thing in 13 hours. maria: that will keep you -- you busy while staying at home. cheryl, thank you. cheryl: you bet. maria: we are talking about reopening the economy this morning. president trump announcing formation of great economic revival industry groups with leaders from sectors across the economy working toward a path forward amid the covid-19 pandemic. one of the sectors represented...
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Apr 24, 2020
04/20
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a lot of downside in the equity ies still too. maria: and we do get more economic data next week as well as more first-quarter earnings, they have been fixed dagen mcdowell, your take on where we are this morning. dagen: i think i'm paying attention to the cash crunch that's happening in particular retail and other industries across the country. i know that gap has said that it has burned through half of its cash on hand and it's going to need to raise money to fund operations for this year and one after another it's reported potential bankruptcy filings from even a nieman marcus and then we talked about lord&taylor and jcpenney, we are looking at jobs that will be destroyed forever potentially and i think that retail was kind of an obvious point of concern, but you will need to watch industries around -- across the country, even oil of how many of those jobs will go away because that's the difference between a lot of short-term pain but something much longer and more protracted economic crisis. maria: just this week we saw all of those
a lot of downside in the equity ies still too. maria: and we do get more economic data next week as well as more first-quarter earnings, they have been fixed dagen mcdowell, your take on where we are this morning. dagen: i think i'm paying attention to the cash crunch that's happening in particular retail and other industries across the country. i know that gap has said that it has burned through half of its cash on hand and it's going to need to raise money to fund operations for this year and...
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Apr 28, 2020
04/20
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i think you'll see that accelerate over time. maria: i see.l quick on gm, fighting to keep cash, mark, the company suspended its quarterly stock dividend and buyback in an effort to preserve capital after your former company, ford, did the same. both companies suspending their 2020 earnings guidance in march. your reaction? good idea here to suspend a dividend to raise cash in this critical moment? >> well, i think job number one in the auto industry right now is protecting liquidity and i think the actions that you see gm take which you just went through, they're playing a little bit of catchup to some of the other automakers that have done that. i think it really -- it speaks to the issue that there's no visibility on sales and revenue going forward, so they're going to protect that liquidity. i think they're probably like every automaker going to be looking at their technology investments. they're going to prioritize their new product launches and for some of their future technologies, whether it's autonomous or otherwise. they're going to
i think you'll see that accelerate over time. maria: i see.l quick on gm, fighting to keep cash, mark, the company suspended its quarterly stock dividend and buyback in an effort to preserve capital after your former company, ford, did the same. both companies suspending their 2020 earnings guidance in march. your reaction? good idea here to suspend a dividend to raise cash in this critical moment? >> well, i think job number one in the auto industry right now is protecting liquidity and...
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>> i think you are right maria, there will be some changes. you americans are eager to get back to their lives as they knew them. i think businesses will reopen, sports we are all missing sports right now one of the hardest things to have to go without one thing brings our country together, that unites us in a way little else can i think things like new york stock exchange looking at ways to keep everyone safe and then get back to business as normal, just like every other businesses, restaurants we miss our restaurants and bars, and our churches, and i think, everyone is seeking to return to that way of life. maria: for sure, the state of georgia faced criticism because it reopened beaches over the weekend, many people not practicing social distancing on those beaches, meanwhile, in neighboring states florida public beaches closed as well as piers did you move too quickly in georgia. >> what kansas did was move to bring consistency across patchwork rules requirements laid out by cities and counties across our state everyone is working very har
>> i think you are right maria, there will be some changes. you americans are eager to get back to their lives as they knew them. i think businesses will reopen, sports we are all missing sports right now one of the hardest things to have to go without one thing brings our country together, that unites us in a way little else can i think things like new york stock exchange looking at ways to keep everyone safe and then get back to business as normal, just like every other businesses,...
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Apr 22, 2020
04/20
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i can't even get my head around it. maria are off tone but, erin, there are also issues here that are coming up that will be with us for a long time, so, i mean, do you see long-term implications from this shutdown and this pandemic? we know that going into this as dagen said, some of them were off tone and certainly in the middle of a pandemic, they -- that certainly seems to be that, but longer term, what changes to retail are you expecting to stick? >> well, i mean, get used to ppp. once the stores reopen you will still be wearing protective gear and associates will be wearing protective gear in stores. we have 2 to 3 square feet of retail square feet per person in europe and 8 to 10 square feet in the united states. expect the footprints to be cut down 30, 40, 50% in the coming year, so it's just going to happen really quickly, and then note that part of the reason that some of the retailers are so off tone right now is because they simply don't have anybody in their office updating their websites or apps or anything. the
i can't even get my head around it. maria are off tone but, erin, there are also issues here that are coming up that will be with us for a long time, so, i mean, do you see long-term implications from this shutdown and this pandemic? we know that going into this as dagen said, some of them were off tone and certainly in the middle of a pandemic, they -- that certainly seems to be that, but longer term, what changes to retail are you expecting to stick? >> well, i mean, get used to ppp....
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Apr 16, 2020
04/20
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so i thought, you know, it was really awesome. mariad given out $23 billion in a year, now they're asked to give $350 billion out in three weeks. so i get that, being overwhelmed. but did you use a large bank or community bank or what? smaller or larger, lisa? >> no, i used a community bank. they had a relationship with the sba in the past and so i actually called the bank that i normally use and they were going to have to get a portal ready which they did have by monday but i was just concerned because i'm very payroll-heavy in my business because i have all professionals and therapists and the most important thing for me was for them to keep working. a lot of them have school loans and so i wanted to keep them working full-time. so i called another community bank and they had that sba relationship and so it was not difficult at all. maria: do you -- are you comfortable with the way it's made up where 75% of the money has to go right to your employees and 25% to use elsewhere, like rent, et cetera, business expenses, because we've been
so i thought, you know, it was really awesome. mariad given out $23 billion in a year, now they're asked to give $350 billion out in three weeks. so i get that, being overwhelmed. but did you use a large bank or community bank or what? smaller or larger, lisa? >> no, i used a community bank. they had a relationship with the sba in the past and so i actually called the bank that i normally use and they were going to have to get a portal ready which they did have by monday but i was just...
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i. maria hasn't been inside a church for many years. the church's double standards its failure to address abuse and corruption scandals led more than half of spain's young people to turn their backs on the church. and that in a country that was one of the bastions of catholicism in europe. are churches like san antonio the right way to regain significance. certainly many people have come to the public screening of the spain match and it has brought the district's inhabitants together was something. that i. during the match emotions run high. 7 7 was i thought the devout catholic they are has mixed feelings about opening the church for these kinds of activities i in them i guess and the fact that they're eating and drinking in a church as if it were abolished it's just respect that will exactly yes the church is a place full prep for contemplation and for nothing else. after the final whistle jaime and the other volunteers hurried to turn son and tone back into a church they only had a few minutes to do it the match play into extra time.
i. maria hasn't been inside a church for many years. the church's double standards its failure to address abuse and corruption scandals led more than half of spain's young people to turn their backs on the church. and that in a country that was one of the bastions of catholicism in europe. are churches like san antonio the right way to regain significance. certainly many people have come to the public screening of the spain match and it has brought the district's inhabitants together was...
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Apr 18, 2020
04/20
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maria: to transportation. to protecting our troops. >> i don't want the kill decision to be made by a sleep-deprived 19-year-old kid. maria: but what could it mean for humanity and is a.i. dangerous in the wrong hands. >> the political military version of a.i. is on the horizon. maria: when you hear the word artificial intelligence, what comes to mind. take a second to think about it. do you realize how prominent a.i. is in your life today? maybe you use facial recognition on your smart phone or gps to help you avoid traffic. the capability of a machine to imitate intelligent human behavior. imitate. but we have only scratched the surface. will computers transcend human behavior? will we be cohabitating with robots? are we heading towards a future that doesn't need us as in human beings. artificial intelligence is change our lives from the way we do our jobs to the way we do business to the way we drive a car to the national security tools we use. it has the potential to transform the world making us healthier and safer but at what cost? tonight, the leading minds will help us understand the good, the bad, and
maria: to transportation. to protecting our troops. >> i don't want the kill decision to be made by a sleep-deprived 19-year-old kid. maria: but what could it mean for humanity and is a.i. dangerous in the wrong hands. >> the political military version of a.i. is on the horizon. maria: when you hear the word artificial intelligence, what comes to mind. take a second to think about it. do you realize how prominent a.i. is in your life today? maybe you use facial recognition on your...
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Apr 15, 2020
04/20
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>> i love the idea of a payroll tax extension. maria, you're up. >> well, i will certainly do so. it's essential to get that payroll tax suspended for a year. i also with ryan, looking down the road, are problems going to emer emerge, and that's inflation. i'm not sure the fed knows how to fight it when it emerges in a way that does not tank the economy. maria: yep, that's -- i just want to say, dagen, schwab in its quarterly report say clients opened a record 609,000 new brokerage accounts. isn't that interesting. >> that's very interesting. i bet you they are putting a lot of that money in cash. to that point, a payroll tax cut doesn't help anybody if they have no payroll left. in the short run that's a huge concern with small and medium size businesses. >> absolutely. maria: we will get your answer. we'll be right back. isn't just a department. it's a voice on the other end of the phone. a note to say you're on our mind. a willingness to come to you. the world and how we interact with each other is changing. but that will never chang
>> i love the idea of a payroll tax extension. maria, you're up. >> well, i will certainly do so. it's essential to get that payroll tax suspended for a year. i also with ryan, looking down the road, are problems going to emer emerge, and that's inflation. i'm not sure the fed knows how to fight it when it emerges in a way that does not tank the economy. maria: yep, that's -- i just want to say, dagen, schwab in its quarterly report say clients opened a record 609,000 new brokerage...