back with the panel, charles, susan, and bill mcgurn, columnist for "the wall street journal."is a step, obviously, they are really trying to do this at warp speed to getting a vaccine. and millions and millions of vaccines out by next year. >> absolutely, i think that's what we have to hope for. if it's a daunting challenge, because they haven't ever been done before in this kind of time crunch. if >> what about chuck, this development and the big picture. >> big picture, i guess you'd have to say is the first, scientifically documented treatment, really of any kind to come forward. which is, of course something that everybody has to be happy about. one thing that would really affect the rate at which people reopen would be the confidence people would have for something to make them to feel better if they did get infected, if they did go to the hospital. that could have an impact on the psychology regarding the reopening two. >> susan, we've been hearing more and more at the top. how did they handle the beginning of this virus. at the president speaking out about it again. tho

water mcgurn but we had 200 animals in the stable. and if you ask a vanguard caregiver for whoever thought of my family was able to drive safely. i thought ok this is all we have left. we didn't imagine we would suddenly have to abandon the farm the land and the animals before it i guess what after the disaster only opened a small private museum on his farm. thousands of tourists from all over the world have already visited to learn about the dramatic events that took place in march and i pulled 2010. doesn't admit it but it seems as if what happened traumatized him but instead of opting for therapy he got over the shock by watching images of those dramatic events over and over again sometimes hundreds of times. you released your living room. it's very clear that. on march the 20th 2010 the earth opened several kilometers east of where your for your quote. lover emerged from an elongated feature and flowed towards the northeast. at 1st it was an exciting up mostly harmless natural spectacle. but then on the morning of april 14th a 2 k

melissa: here now to react is bill mcgurn. he is a "wall street journal" columnist and a fox news contributor. i know we're talking about this trip to allentown but a billion masks in reserve, what do you think about that? do masks, do with change our requirements for them? does it make sense to have this kind of a reserve? >> well i'm not, you know, i'm not an expert how many masks we need. i'm a little bit skeptical of government stockpiles and government distribution. seems to me the best distributor is the marketplace and we can't, if we get the production up, i don't think it will that be tough distributing masks. i mean, maybe a governor says, we need them at this nursing home or at this hospital but, i would rather rely on the market to get those things produced in quantities we needed and out to the american people who need them. melissa: always seems like we're fighting the last battle and the last war. who knows what we need next time around when we have a 100 year pandemic. let me ask but the trip to owens and minor

well on that note, bill mcgurn, thank you. see you soon. connell? connell: we have a "fox business alert, melissa, on uber's results. you may have seen susan li joins us, the numbers crossing at the bottom of the screen while melissa and bill were talking. they lost more money than expected. susan: that's right. take you through why they lost more money than anticipated. but actual numbers in terms of profit, they lost a buck 70 per share. analysts were looking for8 cents for8 cents -- 88 cents loss. they're talking about impairment charges. meaning we know uber is a global company. they own stakes china, uber in china. they say they lost money because value of these companies went down the first quarter of this year. they said analysts didn't actually right that price it that in correctly into the model. this loss is much wider than anticipated. sales came in better than expected first three months. 3.54 billion. that is how much they made. gross bookings how you gauge ride-hailing t went up the first three months of year which is surprising. they

melissa: here now to discuss all of this is bill mcgurn from the "wall street journal." he is also a fox news contributor. so, bill, it is interesting, as you look at all the headlines as they flew by just now president trump and various governors talking about reopening, it seems like in some ways he is become both cheerleader and maybe flogge are in chief, handing over specifics to them as he ushers the nation back into reopening but a lot of ways he has given them the control, maybe as it should be to kind of open their states. you look how it is going, encourage some, scold others, is that a good position for him to be in. >> i don't think he has much choice in the sense it is their power under our federal system. i think that is largely a good thing. i think there is much more danger in one size fits all. if you're reopening in iowa it is probably different than if you're reopening in manhattan, depending on the stage of the disease and so forth. i do think that, again, even outside of president trump getting a lot of attention what he says on governors i think bigg

bill mcgurn, columnist for "the wall street journal."e hemingway, senior editor at "the federalist." jonathan karl, "abc news" chief white house correspondent, author of the new book "front row at the trump show." it's a great read. panel, thinks for being here. jonathan, i want to start with you. i covered the white house for several years. it's all about knowing what has changed day-to-day. as you look at this week, we had our town hall at the lincoln memorial sunday night and the president is in arizona today. what has changed with this president as he's looking at things? >> the president has had his ion reopening the country. the thing that has come i think that's always been his instinct. he talked about "we can't let the cure be worse than the problem." he was looking, listening to the health advisors, see the numbers coming encompassing the images. one of the key moments in this crisis was when a good friend of the president, and he talked to you about this at the lincoln memorial, good friend of the president went into the hospi

let's bring in bill mcgurn, main street columnist for "the wall street journal."contributor. thanks so much for being here. this is welcome news to a lot of folks that are really concerned that things will get back to normal in the fall. not to say they will, but there certainly will be some changes. >> i think, that's going back to what we've done before. my daughter just graduated from there. and, i think they are going to find a good smart way to reopen. those economies are going to be incredibly hard hit. when it comes to getting students back on campus in the fall, many have not made those decisions yet. but things could look a lot different. there could be more virtual learning, or distance learning even though the kids go back to campus. >> absolutely. there are a lot of different steps and i would imagine that many of the universities have different procedures. it's different if you are opening in iowa then opening in manhattan, and ground zero for the virus. you have to have confidence and none of these university presidents want an outbreak or wants to i

come on in please, "wall street journal's" bill mcgurn.ll, i'm intrigued about the president's trip today. seems like there is a new phase of the virus response. we'll not have daily briefings. he is getting out of town. he is holding meetings with state governors and executives in industry. is this a new face in his leadership? i do. i think it is. >> looks like it. the briefings have run their, they have served their purpose. also i think you know, whether we like it or not the momentum shifted to the governors now, right? the governors are really making the decisions about the pace of reopening, what can reopen, who can reopen and conditions. so i think a lot of, a lot of the focus is going to switch to the states to see which ones do well and which ones don't. stuart: do you agree with me this, is, the floodgates are reopening when it comes to opening up and it is almost a stampede to get through that door? >> i'm here sitting in new jersey-stan i would love the floodgates to start opening up but i agree at this point as the different

bill mcgurn is with us. he used to be a speechwriter. still be a speechwriter but he is on the program with us this morning from "the wall street journal." do you think as a speechwriter could you craft a compelling speech to be delivered by joe biden? >> you put your finger on it. there are two aspects, for a speech to work it has to be confident with the man but it is about the man. there is no clever words that can paper over problems that you have. so many people would come to me, can you write a speech to overcome this problem? and that's not usually their problem. i think mr. biden looks increasingly like he is past his prime date. kind of looks like, reminds me of bob dole or joan mccain. by the time they get the nomination it was a little past their prime. stuart: one last, before we close this out, i want to talk to you, do you think in the end joe biden will be the presidential candidate for the democrats? >> yes, i do. because i'm not sure they have an alternative. it is funny, the parties have switched. the republican party u

. >> bill mcgurn, thank you. >> if they do not ease their coronavirus restrictions, will this propeleopening in the lone star state? plus, the opening bell would be ringing as usual, those 33 million americans filed for on employment benefits and we will see how the markets react to that brand-new news this morning. >> president trump: if that's all going to come back and it's going to come back fast. i'm with that we are spending money and borrowing money. g:zpzÑ this is a tempur-pedic mattress. and its mission is to give you truly transformative sleep. so, no more tossing and turning... or trouble falling asleep. because only tempur-pedic uses proprietary tempur® material... that continuously adapts and responds to your body, to relieve pressure... so you get deep, uninterrupted sleep. all night. every night. the tempur-pedic summer of sleep starts now, with all tempur-pedic mattresses on sale, and savings up to $500 on adjustable sets. with ibut that doesn't mean mattrayou're in this alone. we're automatically refunding our customers a portion of their personal auto premiums. we'r