it certainly would be a tough negotiating environment for wynn macau. >> we always put wynn and las vegas in competition. they are the one name that we think about, maybe melco resorts based in hong kong, could they be the ultimate beneficiary of this >> reporter: melco just reported earnings today we've seen something similar in terms of loss of revenue on the earnings call the ceo and chairman lawrence ho was asked if melco stands to benefit if wynn and others can't use wechat, they said we use chinese devices. the coo said if you're not using wechat you're not communicating with your customers. all of our communication happens on wechat. if you see the way they're positioning themselves, it calls into question whether the american guys, whether he becomes somewhat of a target in any kind of retaliation when concessions come due. >> internal intrigue in the gaming business. contessa brewer, great story, thank you very much. guy, i'm told a couple of weeks ago you guys created something called the wynn-dicator. i see what you did there how does this story play into all of that? >> i didn

but also steve wynn. the rnc finance chairman who is announcing that he's picking these guys as his top deputies. steve wynn of course also would soon have to go. resigning from the rnc as its finance chairman amid sexual harassment allegations that led him ton only give up the top money job with the republican party, he also had to give up ownership of his own gigantic company and pay his company $20 milli million. so that was really -- this one document, i understand why the rnc has delete td now, right? this is one for the ages. just weekends into the trump era michael cohen, elliott broidy, steve wynn. they'll be taking over money matters for the republican party. right? all the best people. but then there's one other guy on the list. louis dejoy. he alongside michael cohen and elliott broidy and steve wynn was the guy announced in that press release. louis dejoy is now trump's appointee as postmaster general, the guy who trump has installed to take over the post office as the president embarks on an

remember, after a car accident in january 2004, deede invited wynn win back into her life to help careor her and her dogs that many request had apparently been misinterpreted by erwin. he started wearing his wedding ring again. erwin wanted back in her life and sowns to me like on some level she sort of appreciated that part of him that adored her and wanted to take care of her. even if it's somebody that you're not going to be with anymore. >> yes. >> right. >> you think she made that point clear enough to him? >> no. >> she was too nice? >> always too nice and very trusting. >> and that may be why, investigators thought, erwin seemed surprised when just two weeks before deede's murderer erwin gained access to deede's computer and found emails referring to a relationship with a new man, bobby low. >> and i think it really threw him for a loop when he found out that my mom, you know, had met somebody else, and that's when things started getting scary. >> scary because erwin, detectives learned started going things -- her son mike lived down the street. he was sitting in his living ram

up next, the breakdown result from beyond meat and wynn. plus, we are going shopping. it's been making lower highs hike! simon pagenaud takes the lead at the indy 500! coming to the green flag, racing at daytona. they're off... in the kentucky derby. rory mcllroy is a two time champion at east lake. he scores! stanley cup champions! touchdown! only mahomes. the big events are back and xfinity is your home for the return of live sports. >>> we have break news on novavax. the stock is falling in the after hours session, now down 7% meg? >> novavax putting out phase one results from its covid-19 trials it ran in about 130 healthy people in australia. the company just starting their conference call now at 5:00. the chief of research starting off the call clarifying that there were no hospitalizations seen in this study that is why you are seeing that big plunge and then the recovery of the shares. there's been a lot of complaints from the scientific community about the way biotech companies release this important data. this was press released. we haven't seen the full data

this is wynn resorts guarding the exits.nus sources say they are not worried about casino competition they are worried about other industries poaching their top talent john, carl >> interesting look at a business that's been under pressure but still feels the need to try to retain some talent thank you. tesla almost got to 2k let's get to the judge >>> thanks so much welcome to the halftime report front and center this hour, stocks versus the economy and whether the great disconnect that's carried your money to new highs could soon run out of steam. we'll debate your money's next move with our investment committee. let's begin with markets the dow facing for its fourth straight day of losses it's barely in the red the s&p and nasdaq have gone positive all of thi

good to know stephanie link, what do you have for me >> by the way, i own wynn and they get 75% from like it as well. bro broadcomm is my final trade. it's a 4% year to date the smh is up 20%, so it's really lagged. it's 5g, it's cloud, it's got software mix increasing in their business model that should help margins and i think with a 4% dividend yield which is well covered, i think it's a good one here >> broadcom on the list. they say it's positioned for a bullish break out. meg, it's good to see you again. what's your pick >> we're looking at global robotics, so looking at providing technology beyond the tech sector. think industrial automation, robotic surgeries, a lot of these investments in companies should benefit from a move that companies will be doing to make their supply chains more robust and possibly bring more action back to the u.s. >> josh, i need your name quick. >> aem >> good stuff. thanks phil griffith, it's all yours. >> greetings everybody thank you, scott i'm bill griffeth in for kelly evans the "the exchange" here. watch again, the douz rw is rallying the reo

disney is higher by 0.6% wynn is higher we'll be talking to former schwab ceo david pottruck.ith fidelity wealth management, your dedicated adviser can give you straightforward advice and tailored recommendations. that's the clarity you get with fidelity wealth management. andsnhu let's you transferns. up to 90 credits - [announcer] if you've tried college but never finished, toward your bachelor's degree. - [woman] it doesn't matter how old you are, you can do it. you can finish. - [announcer] finish your degree at snhu.edu. come on in, we're open. ♪ all we do is hand you the bag. simple. done. we adapt and we change. you know, you just figure it out. we've just been finding a way to keep on pushing. ♪ >>> lack back. novavax shares are plunging after receiving vaccine trial news we have details. meg? >> hi. people are trying to parse through these data from novavax now focusing in on whether there was a strong t cell response that's one arm of the immune system some questioning whether that will be strong enough. also, focusing in on what were eight severe adverse events. alt

candi candice wynn, nbc bay area news. >>> a car caravan of a different kind. the reason behind this parade of cars on the peninsula. city hon new academy of 20 firefighters during a graduation ceremony. the new recruits sat six feet apart as they heard from city leaders including mayor sam liccardo. friends and family tuned in on the live youtube page. they completed five months of training and could now go out and serve the san jose community. >>> flags, balloons, signs, all part of a car caravan with an important purpose. the decorations were different and so were the languages but the message was the same. be counted in the 2020 census. south san francisco organized this event but really this message applies every and to everyone. there is a lot at stake including billions of federal dollars and how many congressional seats california gets. log on to 2020census.gov and you will not be asked about your immigration status. >>> the school year is looking different but kids still need supplies and that is why stake at heart community service began the pack abac

why is put wynn already claiming victory? >>> welcome to our viewers in the united states and around the world. this is "early start". i'm laura jarrett. >> i'm christine romans. it's wednesday, august 12th. 5:00 a.m. in new york. 83 days until the election. in hours we'll hear for the first time from joe biden and his newly picked running mate ka

chris wynn has the story. >> this afternoon, a community unites during this time of need. >> you look at the sky and see ash falling, those are people's homes, shoes, couches, you can't really wrap your head around how devastating it is. >> reporter: in sarn ta cruise, donations are pouring in. >> the community outpouring has been fantastic, both in terms of volunteers and the folks dropping stuff off. >> right now, officials say the items they need the most are new blankets, sleeping bags and large family sized tents. donations are being collected and sorted here as well as shelters and evacuation centers. tanin was evacuated and wonders if she'll have a home to return to. >> feeling overwhelmed for my neighbors and friends that have been displaced and hearing about people that have lost their homes, feels devastating. >> a sense of resiliency guiding many as they brace for what's to come. >> you continue going every single day, no matter how long i'm here. >> as you know, these fires are forcing thousands of people to evacuate. dustin shows us how one man is managing. >> the lightni

here's abc news reporter chris wynn. >> reporter: parents across the state are dreaming when they'll their kids back to school. how it's done will ultimately decided at the local level. a partnership with stanford health is already in the works. >> our district is being proactive finding ways to do that. thinking outside the box it's fantastic. >> reporter: district officials are working on a plan for employees to be tested on a monthly basis starting in november when in-person learning is expected to resume. >> if the district takes on the responsibility of test, have employees opt in, have us pay for the testing and then the results on any positivities would be sent to the district which would then help us to reach the reporting requirement and the monitoring requirement that the governor has put out. >> reporter: the district says it could cost up to $24,000 a month if all it's nearly 300 employees opt into the program. stanford would then conduct the testing at school sites for staff. >> we could garner their expertise about testing and they could garner our expertise about how t

this was not painful at all. >> that was nbc's vicky wynn with that report for us.. we'll have more on that very test she was talking about right after the break. but before we do that, i believe we're going to go to texas where the president is visiting and speaking right now. let's dip in real fast. okay. well, we're just getting in that video. couple of technical difficulties. we'll show it to you right after the break. stick around because after the break, even as the testing technology improves, the cdc is flip flopping on who should get these tests and many doctors are worried the trump administration is playing politics with public health. one more bite! ♪ kraft. for the win win. and the clock could be ticking towards bad breath, receding gums and possibly tooth loss. help turn back the clock on gingivitis with parodontax. leave bleeding gums behind. parodontax. liberty mutual customizes your car insurance, so you only pay for leave bwhat you need.ehind. i wish i could shake your hand. granted. only pay for what you need. ♪ liberty. liberty. liberty. liberty.

this was not painful at all. >> thanks to vicki wynn for that report. we should note even though it is at home, a key part of vault's test is you have to do it live over a video call with a vault clinician to ensure you're doing it correctly. and that it is in fact your own saliva. vicki got the results of her test two days later. good news, negative. the pga, nba and nhl are all among the pro sports leagues using these saliva tests. in large part because they're much easier and less invasive than that swab test. the trump campaign is all but erasing the long-standing line separating politics and governing from inserting a naturalization ceremony into the rnc last night to secretary of state mike pompeo using the backdrop of jerusalem for his convention address. what should we expect tonight, night three of the rnc, set to get under way a few hours from now. we'll tell you about that. a fewm now. we'll tell you about that. age is just a number. and mine's unlisted. try boost® high protein... -with 20 grams of protein for muscle health- -versus only 16 g

but also, steve wynn, of course, also, would soon have to go. resigning from the rnc as its finance chairman, amid sexual harassment allegations that led him to, not only give up the top-money job at the republican party, he also had to give up ownership of his own, gigantic company, and pay his company $20 million. so that was really -- i mean, this one document. i understand why the rnc has deleted it now, right? this is one for the ages. just weeks into it, they'll be taking over money matters for the republican party. right? all the best people. but then, there's one other guy on the list. louis dejoy. he, alongside michael cohen and elliot broidy and steve wynn, was the guy announced in that press release. louis dejoy is, now, trump's appointee as postmaster general. the guy, who trump has installed to take over the post office, as the president embarrasses on an admitted overt campaign. to mess up the mail. to mess up the post office so it can't handle the ballots that are going to be mailed in for -- for the election. >> they need that mo

and -- >> i'm jake wynn. i'm the director of interpretation for the national museum of civil war medicine and the clara barton missing soldiers office and time in washington, d.c. >> and i'm in frederick, maryland, know. to our main location, the cardi building. we're happy for you joining us this morning, especially for those on the west coast. today we're talking about coffee. so i've got my cup of joe right here in the appropriately branded mug. and i see you have yours there. >> yes, i'm supporting george mason university today. >> we support education. so my coffee, you could see it behind me here, it is new mexico pinion coffee. i made it in my french press here with filtered water. i do enjoy my coffee. fresh ground is best. because that releases the flavors. if you buy ground coffee, you were just watching this thing the other day where a cook was talking about this, the ground coffee releases the flavor so you need to get the whole bean, grind it yourself and then we do the french press with filtered

. >> in san jose, chris wynn, abc7 news. >> rape survivors confront the golden state killer and unleash a lifetime of pain and resiliency. >> and a spike in home burglaries, we will ask police about the best ways to stay safe. >> and pandemic. for spending a perfectly reasonable amount of time on the couch with tacos from grubhub? rewarded! get a free delivery perk when you order. - [group] grubhub. my psoriasis. cosentyx works on all of this. cosentyx treats the multiple symptoms of psoriatic arthritis to help you look and feel better. don't use if you're allergic to cosentyx. before starting, get checked for tuberculosis. an increased risk of infections and lowered ability to fight them may occur. tell your doctor about an infection or symptoms, if your inflammatory bowel disease symptoms develop or worsen, or if you've had a vaccine or plan to. serious allergic reactions may occur. om. >>> today began three days of victim impact statements of the man called the golden state murder. he plead guilty to avoid the death penalty. >> i sang jesus loves me in my head as i waited. waited to

as abc 7 news reporter chris wynne explains south bay leaders say the abrupt changes could -- >> within st. claira county this afternoon health officials didn't hold back after learning of the new covid-19 testing guidelines from the cdc. >> when i first heard about this change in guidelines, i actually didn't believe it. >> reporter: the nation's health protection agency now says as long as a person doesn't show symptoms testing may not be necessary. health officers however are questioning the guidance saying it is important to identify infections in the small window preceding the onset of symptoms while people are still contagious. >> it seemed entirely bizarre. in that it undercuts our very basic ways we control an infectious disease. >> reporter: this comes amid questions on whether politics has leaked into public health guidance at the national level. dr. anthony fauci expressed his concerns earlier this afternoon about the erin terptation of the new guidelines saying he was undergoing surgery and under general anesthesia at the time the changes were being discussed by the group. c

chris wynne has our top story from san jose. >> reporter: tonight growing concerns after officials discovered a glitch with cal redie the covid-19 reporting system. >> we are back to blind. we don't know how the epidemic is trending. >> reporter: a fraessment as she the data isouies on it to gde t reopening of econog businesses and schoo very anxio issue to get resolved. we expect all of these numbers are going to gohat extent we do. >> reporter: so far the governor hasn't said much about the problem. however, the state's top health official shared this during a recent briefing. >> there is a specific component that feeds information from labs to both the state system and local public health system that may be the place where data is getting stuck. >> reporter: for now the state does not believe the number of deaths or hospitalizations are impacted since those stats are reported separately. in santa clara county the two categories appear to be steady but health officials say cases are on the rise among people under the age of 35. >> while they, themselves, are at much lower risk of dying or s

wynn, caesars, all up between 3% and 5% today >> thank you, contessa, we'll watch that with your helpwhen we come back after the break, the 5g wave me'll talk to the cein o a mont pnc knows business keeps moving. and whether we connect over the phone, online, or face to face, we're here to help- utilizing our resources as one of the nation's largest banks and a local approach with a focus on customized insights. so you're ready for today. >>> welcome back, shears rising this morning some analysts remaining bullish on the company's growth in 5g. joining us now is matt murphy, good morning >> good morning, john. i'm interested in this on presence technology and the cloud technology spending. how do you see it playing out? we saw results from sales force and workday that really caught investors by surprise on the up side we also heard from you guys and others who have on presence technology that's there is some reluctan reluctance >> i think if you look at our most recent results, our cloud results were very strong that includes 5g, cloud, and enterpri enterprise they all did very well o

i think that's where the real opportunity is especially if the economy ropeeopens gaming like wynn, cruise lines like carnival. some of the airlines whether you want to do it through delta or southwest. >> all of these stocks or many of them are down today are you beginning to see as you look at numbers that pertain to the coronavirus, are you beginning to see, at least some of the signs that would lead you to believe that the economy is going to start to pick up and favor the stocks are you starting to see a world where this country may be beginning to make a turn for the better, we hope. it's very serious. case numbers have sort of stalled because of colleges reopening. i think two things give us some comfort. one is the level of deaths is falling. we are starting to see fewer people perish, which is a great sign i think there's increasingly, you know, some sense the safety of coronavirus is improving because of treatment regimen even if someone is catching in, it's treatable i think that's really important because nobody wants to have to -- no one wants to catch this but no one wants to

chuck wynn, he's the hero of the crowd. >> now what happened. you said it took 18 hours for the rescue ships to get there once you were located? >> yes. >> what were those last 18 hours in the water like? knowing that you've been sighted? >> well, i think there was quite a bit of joy. and i think that maybe, i don't know about this because i could only speak for myself personally, but that said to me, whatever i had to do, hi to keep alive because somebody is coming to pick me up. >> at what point did you realize, all right, i'm going to make it through this? >> never thought of it. i only had -- i was this great responsibility that they put into you in the naval academy and my thoughts all of the time were my crew. and how do i keep them together and how do i protect them. >> when did you find out that there were other survivors as well? >> when we got on, i think it was on -- i don't know where it was, but it was after we got on land. >> and tell me about your rescue. what ship picked you up, how did you get out of the water? >> pardon me. >>

i look at the s&p 500 best reformers, we have names like wynn resort, expedia, norwegian cruise line. dow has now performed the nasdaq 100 and five of the last fixed trading days. yesterday it was by the most in a month. this is a shift away from big tech, which is a defensive posture because of tech's strong balance sheet, steady earnings growth, and the advantage in a work from home world. if you look at things on a technical basis, big tech has extended. almost a quarter of the nasdaq traded above its long-term moving average, and almost a third of the new york faang index is above the moving average as well. david: among other things i do not understand is we say when it come to stock prices we look at earnings. big tech did well on the earnings season. why didn't they get rewarded? scarlet: they did get rewarded. it is that the element of surprise is what moved stock prices. second-quarter earnings showed tech did well. the sector was resilient. the group's ability to continue to surprise is limited from here on out. when you look at the valuations, it is clear it is stretched. d

wynn up more than that sara >> yeah. a lot of the consumer discretionary names doing well today.tessa, thank you. >>> still ahead if, you're looking for closrox wipes you ma be out of luck until next year we're going to ask the ceo about the supply shortages and much more coming up on the show >>> as we head to break, a check on bonds for you >>> welcome back dow is up 357. check out shares of kodak today sinking, down about 30%. the white house says it will not proceed with the loan worth more than three quarters of a billion to produce drug ingredients unless allegations are cleared the sec is reportedly investigating the disclosure of the deal and the options granted to the company's executive chairman right before. shares down today. still up significantly since the deal was first announced i'm surprised it's not down further. i mean this is a stock that went up 1500% attracted retail buying and everybody on this deal announcement and according to reports, pretty shady behavior from executives here issuing options right before this deal was announced >> i know. on the surface

they waddled their way to their new home on penn wynne island in their annual march of the penguins ated how to swim and how to eat whole fish and socialize with their caretakers. the six new additions brings the total number of those penguins at the zoo to 56. >> a woman got a real surprise when she was finishing her laundry. she found a python in her washing machine. >> that is quite the fright. emily says she thought it was a piece of snakeskin clothing but then it moved and it slithered as she grabbed it and she ran out of the apartment. maintenance workers removed the snake but she is still shaken up. she says that she still hears hissing even though she knows snake is gone. >> the first couple days were tough. i was really freaked out. >> animal control said this is an isolated incident and they speculate the python is in a pet. they believe that it was traveling through the building's events. oh, my goodness. can you imagine? that is scary. laundry is bad enough but then you throw a python in the mix? >> no thank you. i think that is one way to get out of laundry forever. the po

why is put wynn already claiming victory? >>> welcome to our viewers in the united states and around the world. this is "early start". i'm laura jarrett. >> i'm christine romans. it's wednesday, august 12th. 5:00 a.m. in new york. 83 days until the election. in hours we'll hear for the first time from joe biden and his newly picked running mate kamala harris. the former state attorney general competed against biden for the democratic nomination dropping out last december. in an email yesterday afternoon biden called harris the best person to help me take this fight to trump and mike pence and then to lead this nation. he told supporters i first met kamala through my son. they were both attorney generals at the same time. he had enormous respect for her and her work. i thought a lot about that as i made that decision. i'm proud to have kamala standing with me. cnn has more from biden's hometown of wilmington, delaware. >> reporter: good morning. the democratic ticket is set as joe biden selected california senator kamala harri

we get picked up by the phantom fury rolls royce that was part of the wynn. the entry of the wynn. >> the suite was bigger than any room i've ever seen. three bedrooms. it had a massage room, its own dining room. >> just picture this. one of the nicest hotels in las vegas. it is a two-story suite with butler service, its own billiard room, and an elevator. >> ed would hire what are known as atmosphere models, or arm candy models. and these are beautiful women in las vegas who, for a fee, will come and hang out at your party. >> so it would just look like to ed's associates like, "this guy is the coolest guy in town." because, look, he shows up and suddenly these women flock to him. >> my early impressions of ed were -- he seemed very charming. but then there were sides of him that i really started to see that were not so charming. >> ed shin had two lives. he's got his churchgoing, upstanding, community member life in orange county. and then it turns out he had a real love of gambling. and he was the type of player who could win or lose $100,000 in the space

. >> reporter: chris wynn, abc 7 news. >>> the coronavirus canceling concerts but san francisco's biggest still has some tricks up their sleeve. we'll tell y for skin as alive as you are... don't settle for silver ♪ gold bond champion your skin book two separate qualifying stays and earn a free night. the open road is open again. and wherever you're headed, choice hotels is there. book direct at choicehotels.com. >>> of course no music festivals this year because of the coronavirus pandemic, but today outside lands now dubbed inside lands for this year is putting together some very special performances. starting at 4:00 p.m. a full line-up of past performances, artist interviews and food and drink demos will be live streamed via twitch. and tonight elton johns headlines just after 7:00 p.m. it's on the sf outside lands twitch account, all one word. >>> next on abc 7 mornings at 6:00 a.m., hundreds of people turned out in oakland and san jose to protest against police brutality. what we're learning about some of the arrests made overnight. >>> plus we're hearing president trump's first com

we have mgm, wynn, las vegas sands and melco resorts.gm had this investment from barry diller, but broadly speaking, is this because the covid trends look a little better or the stocks got so cheap or what? >> they've hit a jackpot of good news headlines for one thing, they're about to start seeing the gates open up for tourism visas in macau already they're coming for juhai city that will be a big deal for mgm sands and the ones listed on the exchange here. domestically, you have all these casinos who reported and they're saying, we have people coming in and visiting more than they did pre-coronavirus, so even though our occupancy is capped, our players are more valuable and we've cut massive costs. they've seen profit margins improve by 200,000 basis points. you just had a deal done with el dorado and caesar's now making it the biggest competition a big yen for sports betting it just seems whatever downside there is, higher infection rates in las vegas, for instance, you just can't keep the casinos from rolling the dice and moving forw

when, were a vehement and mgm, visa restrictions being lifted, maccallum represents about half of wynn's announcing that the mirage will open on august 27, travel was hit very, very hard in this pandemic but now you can feel the money burning in people's pockets as they want to go on vacation, the market looking forward, the losers, newmont corporation, one of the losers by hands-down the loser for the week is cisco systems, that has the worst week and more than a decade, they did report better-than-expected earnings for however, the forward guidance has been disappointing going forward or will be going forward. ashley: thank you very much, the major averages indian slightly lower into the weekend although the dow, not exactly a riot, but another opportunity for new records on the s&p and the nasdaq, having a lot of trouble pushing to the next level, do we continue to move up or is a pullback on the books, as some have suggested, let's bring it 360 million-dollar man himself, portfolio manager, steve sharon, thank you for joining us, let's start right there, the s&p is getting closer and

wynn resorts, mgm and the energy, unlv among others. mccarron airport is posting signs out there.visitors to sign up as well >> if we get full adoption of a digital app, people coming to las vegas for a concert, a fight, a convention would know when they go home what their health outcomes were and exposure was when they visited our destination. >> reporter: many of the states are launching their apps using apple and google's collaborative technology the goal here is a national repository for the data so the states can exchange the information among themselves they're not doing that yet experts say they really need 60% adoption in singapore and iceland, they have 35 to 40% participation rate, and kelly, in virginia, which has had its app its app ud running less than a month, they are up 10% adoption rate among adults who have smartphones. >> that's higher than i expected it's been a slow thing to roll out. i wonder how much adoption we'll see it thanks very much looking under the hoods for us >> coming up, new home sales blowing past expectations as home prices keep climbing. is th

wynn casinos, dave and buster's.hese are names we've been watching but what is crazy to me they're moving like tech stocks. in other words, investors are saying okay, we're going to take a break on all the big names that we know but they're powering these names higher at the same sort of rate we saw tech stocks go. are you okay with that? >> yeah. i don't even really find it that surprising. we've been talking about this for the past several months that the tech names are getting more and more expensive but really purely based off people willing to pay a higher price for it. it is not as much just their earnings going up. to a certain point you will see that reverse. there is a lot of names right now that are still undervalued and so much cashing on the sidelines. you will see people start to draw this back in. it is very similar what we saw in april. the coronavirus cases started to level off. we immediately saw things reverse back to cyclicals. we're a few weeks after, a peak of cases, starting to see things revers

wynn finding itself in first place in the s&p winner's school, up 8% right now followed by las vegas sands up 3% and caesars up just under 1%. >>> and to the airlines. now, you guys, the sector began flying premarket this morning thanks to the thrust of russia's announced vaccine news that they have a vaccine they are ready to give to people. delta first in line for takeoff. it's up 3.25%. ual up 1%. we've got american airlines up 1.5%. but delta has another reason to celebrate at this hour. today marks the eighth straight trading day that the stock has risen and that marks the longest winning streak since back in mid-january right before the coronavirus pandemic took hold, leaving the entire travel sector in disarray. since then, delta has dramatically cut cash burn but how long can it last without another tranche of government relief? joining me in a fox business exclusive, delta airlines ceo ed bastian. delta is just a company we have watched closely. thank you so much for joining us. welcome back to the show. >> great to be with you, liz. liz: i want to get to this news of the ru

can look at airlines and gaming stocks, it may sound crazy but the american airlines of the world, wynnas a recovery play. because the bottom line in my opinion is, i feel like we'll get a vaccine. i think what people have really underestimated are the ability much these companies to cut their costs. so, they don't need the same amount of volume to have decent earnings. they are higher risk plays, not for everyone. you have to get in now before the news hits if you want the upside. the last thing i will say, another reason you're seeing, our case numbers are down quite a bit on covid nationally. that is huge news right now. charles: really is huge news. it is definitely underreported. i hate that. nicole, along the idea of the economy reopening, no the biggest winners today, norwegian cruise line has 23% short. american airlines 45%. carnival 36%. united air, 10%. you think there is a smarter way to get involved if someone wants exposure here because these names have too much debt? >> they really do. i think, it is pretty farfetched to think that we're going from a vaccine approval to v

it was john wynne threats brother-in-law. a prominent magistrate. in this letter, downing writes to wind through up and says we should start a war with the native americans. they are causing problems. it will be a just war, because they are not christian. we will be able to take them captive, and we will be able to sell those captives to the west indies, and he calls them more's, but obtain africans. he is worried -- by 16 45 he's already worried that salem is running short of labor's. all the young people don't want to stick around. the moment they have an opportunity they go and settle elsewhere. they settle land. a move away from the town. where do you get the labor force? you have to pay them. wages are high in this context. so you bring in africans. they will work -- essentially, when african could be provided for 20 africans for one, is what has ratio he worked out in his mind in terms of provision. it is a much cheaper system of labor. just open, advocating. this wind threat shuts down, but in any sort of hint of diplomatic issues with indige

to contessa brewer who has a market flash on the casino stocks >> hi there, scott session highs for wynn and las vegas sand on news that tourist visas will be issued to macaw and then expanded to the rest of china. melco is up big on the day as well mgm which has properties normally gets about a quarter of its revenue in macaw, the big news for mgm today, look at those numbers for its stock is the billion dollar 12% stake that barry dillard's iac took. paul salem told me today sports betting will be massive. they are run more online commerce business than we ever have they may have forgotten more about e commerce than we know. who could you pick, paul salem told me i would have picked barry diller draftkings and penn are apparently under pressure today, draftkings down more than 8%, perhaps more competition from mgm and iac, but also news that covid might interrupt college football season as well, scott. >> i bet -- i mean, penn is directly related, what do you think, is it the barstool deal that they have and that's why that would be reacting the way it is? >> yeah, exactly and they've

. >> goode wynne quelled trisha's family. her sister recalled trisha had gone with a guy way back when. >> a guy by the name of daniel perez. had you ever heard that name? >> no, i'd never heard that name. >> daniel perez. goodwin immediately contacted the local authorities and it turned out there was a record of a daniel perez. and a mugshot. >> they faxed that to me that day. >> i remember when ron finally got the fax from texas and i snatched it out of his hands and said where did you get that? it was obvious that it was the person we knew as lou castro but now of course we knew he was daniel perez. >> we've got our guy here. >> yes. >> lou castro was daniel perez. born in aransis pass, texas in 1959. the record showed daniel perez had pleaded no contest to two sex crimes in the mid 1990s. but the cases had been dismissed because he was believed to be dead. >> and the person in south text ex-believed to be dead for many years wasn't dead because you saw him in wichita, you'd seen him driving his corvettes. >> that's right.

. >>> welcome back news from wynn this morning.g it is taking the performance-based stock intended for matt maddox and redistributing it among 240 top performers it averages out to 800 shares per person which at current market value works out to about $64,000. the target employees have been working on creating and implementing the company's coronavirus policy and the stock grant distribution comes as wynn tries to keep up with -- come up with ways to keep these valuable workers and that's a creative way of rewarding these people. it's good to see, oe >> thank you good to see you -- >> good to see that not you. good to see it no, good to see it, that he's doing this no, the ceo is taking his own stock grant and redistributing it to 240 top performers. >> that is good. >> i thought you were being really nice. i stepped out of the shot. i had stepped out of the shot. >> it is good to see you. >> you have a spy cam. >> i can live without you for two minutes. >> that's good you've learned to. >> it's hard. >> right >>> what's mark warne

wynn group is -- there and mgm has been there for decades.curities law in macau has been there also a decade. rishaad: ronald, that's all well and good, but you cite singapore. you say that if the law becomes too onerous, you have a democratic assets to get rid of your government. -- process to get rid of your government. you don't have that in macau, you don't have that in hong kong. what are your thoughts on the position that the likes of hsbc and standard chartered find themselves in for backing the security law? choice?have a ronald: i find that very strange and responsible. to me, there is nothing wrong with the national securities law. i think -- i think it is there to stabilize society. that is what a business needs in hong kong. now, when you look at the hsbc has been in hong kong for more than 100 years. they have priorities and objectives. what are the objectives? obviously it is the return of investments. to use the preferred objectives and to carry out these preferred to support the national securities law. not saying anything unt

my name is jeff wynn. i am also appointed to represent student interests in the facilities committee, and i am calling to, like everyone else in this comment section, to be in favor of the appellant. we believe that this land is very important, and it's public land. it should not be given at bargain basement prices to developers who are known to not use local union labor, and also, we're struggling at city college, and we have so many underserved students and students that are on the verge of homelessness or they became homeless because of covid-19. we cannot continue on with plans from precovid-19 and build luxury housing when there's so many students on the street? and you need to be antiracist right now and, you know, build 100% affordable housing and prioritize our black and brown students who are struggling to make ends meet compared to everyone else, and they're tired of being on the back of the bus. there was a meeting with a lot of students in the student union. they're tired of not getting help, a

my name is jeff wynn. i am also appointed to represent student interests in the facilities committee, and i am calling to, like everyone else in this comment section, to be in favor of the appellant. we believe that this land is very important, and it's public land. it should not be given at bargain basement prices to developers who are known to not use local union labor, and also, we're struggling at city college, and we have so many underserved students and students that are on the verge of homelessness or they became homeless because of covid-19. we cannot continue on with plans from precovid-19 and build luxury housing when there's so many students on the street? and you need to be antiracist right now and, you know, build 100% affordable housing and prioritize our black and brown students who are struggling to make ends meet compared to everyone else, and they're tired of being on the back of the bus. there was a meeting with a lot of students in the student union. they're tired of not getting help, a

industrials or energy stocks which did well this week and consumer discretionary it is royal caribbean, wynnts, mgm, tapestry, names that had been beaten down through the crisis that led us higher this week >> well, like all situations, it's going to depend upon your time horizon if you're playing the trend for a short term trade and i look at that quite a lot, we still don't have the broader markets overbought yet so if it people are going to pile back into the tech names, that may be good for a long her term trade eventually we're going to pull out of this and see some of the names like marriott or live nation or cisco or some of those that really got, you know, punished during this time but will come back that might be a good place broadly speaking, they're in the russell 2000 that lagged for some time and certainly during this pandemic crisis because people are really weary about what's going to happen in the u.s. as the news gets better if, we don't have infection spikes as kids go back to school, if we don't lock down the economy, if news on a vaccine continues to trend positively, tha

norwegian cruise lines, jetblue, united, marriott, wynn resorts, i could go on and on but the common are beneficiaries from people venturing out, traveling more. now we're getting wind of maybe another airline rescue package coming together, that will shore up their finances. that is the hope. i don't know that it ever materializes, what do you make of all the churning? >> i think there is a couple things going on. the one piece of data folks are honing in on, tsa numbers. we're seeing plus 800,000 average daily folks going through tsa checkpoints. that is sort of a crude measurement. that doesn't gauge you and me getting out of our car driving somewhere, it shows increase in confidence. we're at pandemic highs with airline travel. neil: you're right. >> that reverberates through the whole travel industry. that is the barometer. you look how things will spread off of that. the other thing the bailout package, right now airlines are basically guaranteed through government assistance to keep their folks in place up until september. they have also been using a lot of creative plans, if

. >> you, too, bye-bye >> as we head to break, a check on the major casino operators, wynn, mgm and lasbout 2.5 and 5% the stocks are still down around 30% for the year but they've gained some momentum in august, all are up double digitse sdigis "squawk on the street" is back in two for any amount you choose instead of buying by the share. all with no commissions. stocks by the slice from fidelity. get your slice today. means i'm responsible to every single one of my team members and all my patients. we went above and beyond regulations because i wanted to make sure that the community is taken care of. we owe it to them to be careful stewards of their health. so trust your people and take care of your teams and you will weather the storm. ♪ >>> the naacp suing the post service over mail slow downs derek johnson joining us now good morning >> good morning. >> so last week president trump and saying why he doesn't want additional funding for the foesal service said "they need that money to make the post office work. so it can take all of these millions and millions of ballots. if you don'

if you look at what's happening in vegas, wynn just reported their second quarter revenues were downlast month, their revenues were $85 million and they are normally $1.6 billion. so places that we go like disney and like vegas are -- we're just not going there. those places are not doing well. stuart: i got a report just the other day from lufthansa, the german airline. they don't think international travel will get back to normal until 2024. they are going out three full years to get back to normal. would you do the same thing? >> you know, for international travel, it's going to take awhile. virgin atlantic just declared bankruptcy because all of their business is international. the airlines need, in the u.s., the four biggest airlines combined for a $10.3 billion loss last quarter. it's bad. they need business travel which isn't happening right now, and they need international travel which is going to take a long time to come back. i don't know if it's 2024, but it's two or three years before we really see that travel come back and it won't come back to pre-covid numbers now that

. >>> wynn resorts. come on in, ashley. don't know -- the stock is up but i'll guarantee they had a rough quarter. ashley: it was very, very rough for the casino operator and the numbers tell the story, stu. they lost $523 million in this last quarter. revenue down nearly 95% year over year. just to give you a sense of the loss of revenues for this last quarter came in at $85.7 million. the same quarter last year generated $1.66 billion. that's how much business has dropped off. when you break it down, the las vegas operations were down on revenue by 86% so what about macao in china? you think maybe there's life there. no, the quarterly revenue in macao for their operations declined 98%. don't forget, casinos only started opening in late may but because we have seen a spike in some of the virus cases, that too, the demand has started to ebb away again. it's really survival at this point. stuart: same old question, when do we get back to normal. i have no answer to that whatsoever. >>> let's move on to amazon. susan, they ar

army sergeant al wynn cash was killed while saying his fellow soldiers after a roadside bomb explosionn the silver star. mark esper has officially given his recommendation. however, congress must pass new legislation to extend the time frame for upgrading the military honors. sure hope they find the ability to extend the time frame for jedediah: absolutely. coming up next, the white house now faces its first legal challenge after illegal immigrants claim the president changed the daca program unlawfully. tom homan is here to react to the new lawsuit and he is on deck ♪ say geronimo ♪ say geronimo ♪ don't you just love the look on the kids' faces... yea, that look of pure terror... ...no, no, the smile... ...and that second right before the first tear comes... ...what?! pizza on a bagel-we can all agree with that. do you want a hug? you can adjust youriggest sacomfort on both sides...eep your sleep number setting.. can it help me fall asleep faster? yes, by gently warming your feet. but can it help keep me asleep? absolutely, it intelligently senses your movements and automatically adju