tv After the Bell FOX Business May 10, 2016 4:00pm-5:01pm EDT
we'll have smart, fastest money what they're doing. dow and subpoena having the biggest gains in two months. nasdaq is skyrocketing. biggest gain in two months. major rally up 220 points for the dow jones industrials. we pass it over to david asman and melissa francis. [closing bell rings] we're waiting disney numbers. take it away, guys. melissa: stocks soaring into the close. the dow ending the day session highs up more than 220 points. i'm melissa francis. >> i'm david asman and this is "after the bell." we'll take you back to the market rally. first here is what else is happening at this hour. the fight for coal country is heating up. voting is now underway in west virginia. nebraska is also voting right now. we're just a few short hours from the first results. bo copley the laid off coal worker who confronted hillary clinton on her comments to put
coal industry and coal miners out of business is among our guests. disney releasing its second quarter results any moment. are blockbuster hits and theme parks able to curb any losses from espn? we'll give you numbers as soon as they come out. melissa: let's go straight to the floor of new york stock exchange. lori rothman, tell me about this fire. on fire, lori. reporter: what a day, melissa. traders are calling it a melt up. dow was up 222 points. we're within striking range of 18,000, psychological level. s&p you have 25 points on the ses. best day in two months for dow and s&p. nasdaq, best day in one month. tone was set early, right? pretty decent earnings. oil up two, almost 3%. you have a strong dollar, and you know lifetime highs of these big companies and that gave investors a lot of confidence and optimism. mcdonald's, amazon, bernstein
i think said amazon shares upped the price target to be $1000. could be highest on wall street. j&j. heighting lifetime high. back to you. melissa: lori, thank you so much. come back with us when disney with first quarter numbers. see you then. david. david: good stuff. working to unite the republican party, house speaker paul ryan speaking out in d.c. moments ago crediting a gut feeling as reason why he hasn't yet fully embraced donald trump. fox business's peter barnes in disney with the latest. some explanation, right, peter? reporter: paul ryan clearly laying groundwork for upcoming meeting on thursday with donald trump in washington. ryan saying in "wall street journal" interview on facebook this afternoon he wants to have a personal conversation with trump, with the goal of unifying the gop around core principles. and he also revealed that his decision not to back trump immediately after his rival dropped out last, his rivals
dropped out last week was a gut call. >> the other point was, a lot of us didn't think it would be ending this quickly. i was getting ready for an open convention as the chair of the convention. so we were preparing for the eventuality of a open convention. at the very least we thought this would go to june 7 in california. reporter: he says he was caught by surprise essentially. ryan has also said he would step down as the chair of the republican convention should trump ask. david? david: how many people have been wrong about how many things in this election? it is extraordinary. at least he admits it. peter, thank you very much. melissa. melissa: it is decision day for coal country. they're voting in west virginia. fox business's adam shapiro is in charleston with the latest. adam, what is turnout like so far? reporter: turnout has been steady and heavy. going into the primary voting today, they had a record number of early voting.
it was two times as much as they had just four years ago in the primaries. let's talk about what's at stake. in roughly 3 1/2 hours the polls close here in west virginia and it is really the battle of hillary clinton versus bernie sanders. mr. trump the last republican standing. that is a no-brainer, you know what will happen there. in regards to clinton-sanders, clinton as you see from the video is in lexington, kentucky. she did not mention coal. probably a wise decision after her kerfuffle with coal, telling coal miners she would put them out of work as we go forward. she was in lexington, kentucky. bernie sanders mentioned what he would do with fossil fuels. he is in stocks ton, california, what he would do and coal and how he is different from mrs. clinton. >> one of the differences between secretary clinton and myself, is that i believe that now is the time to impose a tax
on carbon! another difference between secretary clinton and myself, is that i believe now is the time to end fracking. reporter: so bernie sanders like hillary clinton wants to get off of fossil fuels. he is calling for end to fracking immediately. so, 30% of our electricity comes from natural gas. the obama administration already laid out plans to increase regulations on natural gas production. people here in west virginia know what's at stake. and yet going into this election mr. sanders seemed to be more popular among democratic voters than mrs. clinton. we'll get results after 7:30 if that holds. melissa: adam, did you say she had kerfuffle with coal? i'm just kidding. >> yes. i can't say the four-letter word on tv. melissa: i loved it. we love the language. david, thank you so much. david: here is mike duncan, ceo of american coalition for keen coal electricity.
former chairman of the republican national committee. mike, good to see you. hillary stopped, she is in kentucky as we heard she stopped talking about coal. that is probably a good idea, isn't it? >> it is a good idea after what she said. the reception she received in west virginia last week was just not good. think back a few years ago her husband was able to carry west virginia. she was able to carry county in west virginia after she went against barack obama. what a change. david: what a change. she claims when she was trying to defend her position she ended up digging the hole even deeper. she claimed market force, not overregulation what was kill coal industry. here specifically is what she said. the market has driven down cost of coal so you have companies going bankrupt. to which you say? >> i say it starts with regulation. the government has its thumb on the scale. there are market forces but we've survived market forces before.
there will be ups and downs. gas prices will go up. they have gone up in the past but the regulation caused so many power plants to close which means we can't provide the coal for them because they're not using it. david: cost of oil coming way down with all the extra natural gas we're getting from fracking, coal would still have done a lot better and perhaps survived in ways it isn't surviving? >> we wouldn't have lost 15% of the coal fleet in this country. that gives us ability to bounce back. investors are saying there is no bounce back because we've lost so many. if clean power plant simply meanted we'll lose more. which means upside for coal is not as good. this is critical election not only in west virginia but the rest of the country. david: mike on other side donald trump said he could open some coal mines that have been closed. play a sound bite from him and get your response. >> we're going to put the miners back to work. we're going to put the miners back to work! [cheers and applause] and for those miners, get ready,
you will be working your asses off, right? thank you, everybody. [cheering] thank you, thank you. david: now as usual there is the trump rhetoric there but is it possible? is what he says possible? if you get rid of a lost overregulations, will the mining industry come back? >> the mining industry can come back and will come back. the first start is changing regime in washington. changing administration which will allow us to do away with some regulation. david: how quickly can things turn around? if a new administration came in, sweeped away all regulations we built up past seven years, would we see immediate turnaround in the coal industry? >> you will see turn around almost immediately, because you see investment in new coal-fired plants in this country which is what we need. more exporting of coal. there are ways to get there but it starts with new president. david: haven't operations been shut down? startup costs for reopening some
of these mines will be prohibitive, is it not? >> startup costs are there and startup, opening a new mine less than startup costs for building alternative fuels we're trying to push in this country. coal will come back when we start allowing new, supercritical coal plants to come online, to be built. the president has done a way with that with his regulation in the clean power plant. david: mike duncan, american coalition for clean coal electricity. mike, thank you very much. appreciate it. >> thanks. good to be with you. melissa: we're awaiting second quarter report out any minute for disney. will box office hits like "jungle book" and "zootopia" be good for bottom line. well espn be a drag for the quarter? david: how to imagine espn being a drag but it has been in some ways. nebuchadnezzer primary are is underway along with west virginia. state republicans are still heavily divided over the new york businessman.
fox news's jonathan hunt has his eye how much anti-trump sentiment is surfacing in a state where ted cruz and john kasich are still on the ballot. hi, mike. reporter: hey, david. that anti-trump sentiment is real here in nebraska. senator ted cruz appears to be holding out some hope, however small it might yet deliver him a surprise victory here. he was on the glenn beck radio show earlier today and in answer to a hypothetical question he said he might unsuspend his suspended campaign if indeed he did pull off a shock victory here. we spoke to a former state gop chairman who said it was a very odd way of doing political business and he believes not much more than wishful thinking on the part of senator cruz. listen here to david kramer. >> it's novel campaign strategy to announce you're out and that you might get back in. i suspect that if senator cruz
had thought he was going to win nebraska he might have stuck it out another week. reporter: on the other hand the split in the gop hierarchy here in nebraska certainly reflects the national republican party split over a trump candidacy. governor pete ricketts of nebraska endorsed donald trump just last friday at a rally here on the other hand, senator ben sasse has been one of the most outspoken critics of donald trump. then you also have to look at ted cruz is looking for crumbs of comfort here. at early voting, it has been going on nearly a month here. so up to 30%, according to officials of voters may have cast their votes before senator cruz dropped out of the race. that could pad his numbers. it all adds up to increasing evening here in nebraska, david. the polls close 8:00 central,
9:00 eastern and we will be here with the results, just in case they once again turn this extraordinarily political season on its head. david? david: you never know. that happened a lot. jonathan you are so polite you didn't correct me when i got your name wrong. >> i would never correct, you david. you're always right in my view. david: he is american citizen now but has british respectability. melissa. melissa: turning now to the democratic side of the race, senator bernie sanders heading west to build voter support ahead of upcoming nomination contests in california and ore gone. could this be strong month for sanders campaign, another strong month? fox news's peter doocy is on the campaign trail with the latest. what's ahead, peter? reporter: what's ahead, clock is ticking down to tuesday in oregon. we're at bernie sanders's field office an hour away from the portland, the big city, where volunteers are trying to accomplish two things pretty
urgently, since they only have seven days to go. they're trying to get democrats on the phone, at phone banks, check for ballots at end of april and if they are for bernie, give those ballots to the postman soon as possible. second thing they're trying to do, have canvassers knock on as many doors as possible and collect ballots already mailed out because state officials need mail-in ballots in their hand by 8:00 p.m. next tuesday, not just postmarked by then but in their possession. the portland field office was emptying out to come here to the sanders event. volunteers work the long line and get supporters to turn their cell phones into phone banks while they await for senator to arrive the script for volunteers hasn't changed last few months. they hit main themes of wall street reform and tuition-free college but senator sanders is starting to talk about his specific path to the nomination. believe it or not for outsider, the new pitch is about electability.
he is pointing to swing state polls show him doing better head to with trump than hillary is. he thinks he can keep this political revolution he talks about going all the way to the convention. >> we have the possibility, it is a steep hill to climb and i acknowledge that but we have the possibility of walking into the democratic convention with a majority of pledged delegates. [cheering] reporter: and proof it is not just delegates but number states won sanders is concentrating on. only has won five fewer than hillary. this will be his fourth trip to oregon tonight. that is four more than hillary clinton made thus far. melissa. melissa: wow, peter doocey, thanks for that. david? david: fox business has you covered tonight starting at 7:00 p.m. eastern. i will be joining neil cavuto along with lou dobbs, trish regan and kennedy to bring you full coverage and analysis on all the numbers. don't want to miss it.
keep it here. melissa: we're watching shares of disney ahead of the relies of second quarter results. we're going to bring you the numbers as soon as they happen. you can see the trade there basically flat in after-hours as we wait for those. we're going to see how declining subscribers at espn, how those numbers are working and how the revenue from there is shake out. david: i bet at least $2 per share because of number of times you went to see "star wars." "star wars" has to help disney and other movies as successful. jungle book came out. melissa: i'm supporting disney which is pretty much true. david: you're not necessarily -- you're objective reporter. other thing espn a lot of people, three months ago the stock really tanked. it went down to $88 a share. it is now well over 100. it tanked primary of all the rumors about espn was pulling down the country. turned out a lot of numbers particularly on subscriptions were wrong back then. projections were wrong.
in fact espn has done a lot better than a lot of people have thought. melissa: another key thing we're watching for here, bob iger, chief executive is set to retire soon when he hit 65. they already put that off once looking for successor. the man they thought his most likely successor tom staggs, has left the company. there is question who will follow in his place as likely successor and when the retirement will actually happen. david: while theme parks have been good domestically, overseas, there is a lot of questions. china, shanghai. will chinese come up with the money to pay off theme parks. melissa: let's go to lori rothman for numbers. >> looks like a miss, david and melissa. $1.36. 1.40 was the forecast. 13.19 billion was expectation. no surprise disney shares in extended hours down over 5%. down 5.3% right now. looks like media was a problem again. espn.
we're looking under the hood. we'll get the exact figures as soon as we can. back to you. >> thank you so much. let's bring in jack hough, "barron's" editor and steve, never can do that one, from "wall street journal." i will let you go first since i butcher your name every time. what do you make of the numbers? >> looks like a clear miss on both top and bottom line. this is surprising people expected numbers would be better than anticipated. keep in mind disney always beats on top and bottom line. the fact they're missing and missing fairly substantial margin is a bit surprising and why the stock is down roughly 5% in the after-hours. melissa: jack, what do you think we have to blame for the miss? >> investors are looking for anything about espn. any kind of commentary what is going on with subscribers there. you have to go back at least five years to find a miss this bad for disney. so i will be curious to take a closer look to see exactly what's going on. this year it is supposed to be a
big year for movies. that's about it. next year is supposed to be a big year for parks. those two pieces are covering for damage going on at espn which should come around eventually. i don't think it will be dramatic, you know, loss of subscribers, loss of profits, let's say over time but, boy, this is a pretty big miss. >> the theme marks, those are second largest segment according to revenue for disney. they generated $16.1 billion in revenue in 2015. steve, i might ask you. i'm interested what happens in the parks. i feel like gives you great insight into the economy. whether families can go to the park, it is really expensive. we go. it cost as fortune to get tickets and food and everything else. what are you looking at from the parks piece of this? >> you bring up a great point because the parks are often overshadowed but they actually make up second largest component of disney revenue and second largest component of their operating profit.
so there is a lot of attention what will happen in china. they're launching shanghai disney resort next month. this has been a project been years in the making. $5.5 billion new theme park here. so disney clearly had a lot of success in the u.s. with their parks. internationally though, in europe, not so much. not quite the same blockbuster. as you mentioned people will look to see how is this going to do when it launches in the second half of the year? what does this mean for china's economy? it could be viewed as barometer for second largest economy in the world. clearly important part here of the earnings and while the movies get a lot of attention and espn gets a lot of attention this also matters a lot too. melissa: jack before we move on to "star wars" i want to ask but the expansion in china, that is worrisome. one of the macro themes in the economy and already drifting into the election how much weakness there is around the globe.
china is a huge question mark. trying to manage a soft landing there but unclear whether they can really do that. what do you think about that piece of this puzzle? >> also pretty expensive to open a park like that in the short run. it doesn't become really big generator of cash until down the road. there is some potential it could pull visitors from hong kong. everything i see about shanghai, analysts think it will do well. it is hard to get read on it. some are looking at search traffic in china and showing gigantic gains in people looking for information on disney shanghai. it suggested it will be very probable. i spoke with bob iger a couple months ago and he told me, remember, this is just a foothold for us in china. this is the way we wanted to plant our flag. there is a lot more money to be made in china beyond this park. this helps getting brand in terms of selling merchandise and putting people in front of movies and so forth. melissa: speaking of movers and
merchandise, "the force awakens," everything we bought in the past six months had star war theme to it. unbelievable. doesn't matter where you shop, j. crew or it's target, there is "star wars"-related product my child wants. they're getting revenue and royalties from all of this. that is looking like buying those rights is looking like best deal of all time, even though at the time it seemed like it was really expensive. what do you think we see from that, steve? >> i totally agree. as you mentioned. it is absolutely fascinating what "star wars" franchise has done. looking at this quarter, captain america, "the jungle book," really big hits, this makes up a pretty small component of disney's overall profit and overall revenue. a small on percentage basis but this is about the fourth biggest compared to, you know, espn and some other rights there as well as the theme parks we're
mentioning are much bigger component of disney. when we see the big blockbuster like "star wars," yes it is very impressive and yes, they have done amazing job with it, but keep in mind, percentagewise it is relatively small business of disney's huge conglomerate. melissa: jack, talk to me a little bit about espn, be gentle with me and i'm on cable, when you talk to me how nobody is watching cable, i don't want to hear that. >> everybody is watching you, first of all. melissa: perfect. >> issue with espn some ways a victim of its own success. it is a tremendous moneymaker but very expensive to put into a bundle. if you want to create like skinny bundle to sell people cable tv service for cheap, wouldn't you want to sell something to half the country that doesn't watch sports and first thing you take out is espn. there is a risk if cable companies do that, espn will leak subscribers over time. i think that business can leak subscribers one to 2% a year but pick uprising affiliate fees as
time goes on. so get minimal profit growth. if you are a business generates huge amount of cash and only little bit of growth, you don't have problems. melissa: we'll see. thank you so much. david: fascinating stuff on disney. it is bellwether for economy. the whole worldwide economy. if you have extra money you spend it on kids. suppressing coin tiff views. firing back that facebook censors conservative stories. the senator says that it goes against value of open internet. aol head tim armstrong is here with fox news exclusive. you doesn't want to miss. melissa: state department can not find any emails from hillary clinton's former i.t. specialist. how is that possible? david: i don't know. battle for coal country. really a divide between pro-coal
melissa: shares of disney falling 6% in after-hours. lori rothman on floor of new york stock exchange with more. i'm seeing operating income from media networks falling 5%. that is a lot spooking investors i guess? reporter: media. cable is down in the quarter off 2% to $4 billion. that is where espn comes in. subscriber growth questionable aspect. interesting, bob iger said don't worry about cord cutting phenomena that is not affecting us. that is ridiculous i believe was his quote. which you quoted off more than 6% here, forget our rally today. perhaps this could shave considerable number of points off the dow. 45 to 50 points, bad math off top of my head is suggesting at this moment. interesting resorts were up,
3.9 million, versus 3.76 this time last year. studio is up. tremendous moves. i'm sure your you took your kids to "zootopia", "civil war." "star wars." back to you. melissa: wow. david. david: back to politics. hillary clinton email scandal involving the aide who set up her private email server. the state department told rnc suing for emails it can't find any emails to or from clinton's aide bryan pagliano during her term as secretary of state. again he set up the private server. catherine herridge with details. >> thank you, david. bryan pagliano who set up and ran her personal email server, late last year cut immunity deal with the justice department, apparently left no paper trail from days working for secretary clinton. state department spokeswoman read from prepared statement today describing the missing
data files known as a pst. >> the department has searched mr. pagliano's email pst file and has not located one that covers the time period of secretary clinton's tenure. the absence of this email file however does not indicate that the department has no emails sent or received by him. reporter: pagliano was a political appointee and according to emails just released by the federal courts to "judicial watch," career government employees were uncomfortable with his assignment. political appointees work for the secretary or in policy position, not the i.t. department. >> looks like mr. pagliano's number one qualification was that he worked for hillary clinton's campaign and could be trusted. that is why hillary clinton's political operatives from the campaign were pushing him on unwilling state department. reporter: asked by msnbc this week if he has been interviewed by the fbi as part of criminal
probe, long time aide sidney blumenthal offered no comment. late last week, fox news first reported romanian hacker who goes by the name "gucifer" claimed he breached clinton's server in 2013 first correctly guessing blumenthal's security question for his aol account and mining the blumenthal account for clinton server's unique web address. fox news asked the attorney general just yesterday if it was too late in the game to take legal action in the clinton matter? >> we do all of our reviews, investigations of any matter carefully, thoroughly and efficiently. and when the matter is ready for resolution, a recommendation will be made and we'll come to a decision at that time. i'm not able to give you a prediction, sorry. reporter: fbi director will hold on the record session with reporters tomorrow in those sessions to topics or questions are off limits. david. david: catherine herridge, thank you very much. that will be interesting. melissa: yeah. joining me to break down legal issues in the state department action, fred tecce, former federal prosecutor. i know you were listening to
that report. what jumped out at you? >> what jumped out at me? aisle tell you, melissa, somebody asked me where my emails are or recover emails, first place i go is is the i.t. guy. the i.t. guy doesn't have single email in his possession. when you're a prosecutor you expect evidence to be there and it's not that is a huge red flag. melissa: what are possibilities could explain that? one of two things. either he was employed by the state department and just doing personal work and wasn't working for the state department and that is why there are no emails. there would be a lot of problems. you're paying someone with taxpayer money. possibly fraud. more likely possibility i would guess they have disappeared, they're gone. they have been destroyed or gone away somewhere which is also not legal. >> you know where did they go? remember the amazing carnac and put envelope up against my forehead i tell you where think
went. this is supposition, what could have happened, not what could have happened, what did happen someone deleted them or removed them. melissa, when i left my old law firm couple years ago i took every email 14 years on a pst file on a hard drive and took it with me. they're still accessible to me to this day. those emails just don't vaporize. they don't go into hyper space for no good reason or all by themselves. the fact every stinkin' one, except for one where he wishes madam secretary a happy birthday are all gone. somebody took them down. who did it and why? interestingly one. reasons that the justice department could have given this guy immunity, again this is speculation, is because he deleted them and looking at obstruction of justice charge. melissa: so what would that mean? >> well, it would mean, would raise -- melissa: he is the one that has all the blame and it ends with him? no. >> no, of course the no. that begs the next question. which is why did he do it, if he did it?
and you know, who told him to delet them? whose instruction did he do them? quite frankly i would be willing to bet you lunch at favorite restaurant, supersize your extra value meal, that pst file with emails is somewhere. i can't believe it would be completely gone. melissa: i love it and work that out for lunch. david: this guy has immunity too. melissa: right. david: which has interesting aspect to this whole thing, whether we find out what went on. donald trump meanwhile winning over millions of americans but not everybody in the republican party is on board including the man on left, speaker of the house. the upcoming showdown between "the donald" and paul ryan. melissa: plus a nice cold glass of america. budweiser just announcing a big name change that appeals to the patriot in all of us. ♪ at ally bank, no branches equals great rates. it's a fact. kind of like grandkids equals free tech support. oh, look at you, so great to see you!
at ally bank, no branches equals great rates. it's a fact. kind of like vacations equal getting carried away. more proactive selling. what do you think michal? i agree. let's get out there. let's meet these people. david: here's another look at today's market rally. it really was great, 222 is what we added on the dow jones industrial average. the s&p 500 also seeing its biggest gain in two months and shares of electronic arts, another one that announced earnings, jumping nearly 7% on those earnings expectations, getting a big boost from the game, quote "star wars" battlefront." "star wars" winning on both fronts. disney and ea. melissa: hillary clinton and donald trump are neck and neck
in the key swing states of florida, ohio and pennsylvania. this is the crucial states for candidates. since 1960 no candidate has one the presidency without winning two of those three states. think about that. david: wow. donald trump taking another step to unite the republican party. set to meet speaker paul ryan and other leaders on thursday. the meeting could determine whether speaker ryan throws support behind trump. here to weigh in fred barnes, "weekly standard" executive editor and jamie weinstein, senior editor daily caller. good to see you gentlemen. what could ryan do for trump if he gets on board? >> he could bring a lot of conservative republicans into the trump camp and create, one, a successful convention where trump will obviously be the last speaker as the nominee. and happier party. look, trump says oh, we don't need to have unity in the traditional way, but the truth
is he does need a unified party behind him if he will have real serious chance to beat hillary clinton. david: jamie, there is irony here, trump has been spectacularly successful because he stuck his thumb in the eye of the republican establishment. he knows congress is disliked by 90% of the americans. so he has campaigned against them. how now, if he gets the support of speaker ryan can he continue to do that? >> well, look, i think there are only two options. one that ryan capitulates to donald trump. or ryan goes other way and there is stunning move, doesn't endorse trump. they're so far apart on issues, foreign policy, entitlements which is ryan's signature issue on immigration, hard to see how they unify other than ryan capitulating and getting never trump supporters behind him. david: fred you gave an answer how they come together.
did so in book you wrote with mort kondracke. a book about jack kemp. if you want to know what makes paul ryan tick, you must read about jack kemp. they all agree, jack kemp, paul ryan, is major simplification of the of tax code. jack kemp, that really made him famous. could they get together on that? maybe that would be focus of conversation on thursday? >> david, i think you're right i think they could get together on that. in one much his books trump was very critical of tax reform of 1986 because it made the real estate industry lose some of the breaks it had. but you know, leaving those aside, they could agree on a plan that simplified the tax code and did some reform. i think they could also agree on a replacement for obamacare. and there are a number of other things. they're not going to agree
however on trade an immigration. david: right. trade, jamie, is one of those things that scares bejesus out of a lot of conservatives. they are afraid donald trump will cause a trade war, is that perhaps posturing? you and i know donald trump does a lot positives turing when he is making a deal. he hasn't clinched the deal as president yet. is that posturing or do conservatives really believe he could cause a trade war? >> it is hard to know whether he is serious about putting 45% tariff on chinese goods or defaulting on the debt as he suggested. how do we know if he is just trying to make an opening position in a negotiation, or he actually believes it? it is a risk you have to take if you get behind donald trump. that is risk for some people. that is why a lot of people are on the never trump movement. david: we'll see on thursday if they get something together. thanks very much, guys. appreciate it. melissa. melissa: candidates are stumping
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melissa: a few more hours until polls close. candidates looking for support for the coal industry. joining me, bo copley, a laid off coal worker from west virginia. thanks for joining us. this is you've been in the spotlight since the meeting. some of the feedback i got you're a registered republican. it was a setup. you were always going there to confront her. is that true? >> no, ma'am. not that i was there to, there is a slight delay, i'm sorry. it wasn't that i was there to confront her. i was just presented an opportunity to meet with secretary clinton and i was there to represent out-of-work coal miners because that is what
i am. so i wasn't there to confront her. i kept praying and asking god what i needed to ask her and what i needed to say. so i guess it came out as confrontation. all i did was ask her how she could make certain statements and tell us she will be there for us. melissa: what do you think about her response since then? she has done a lot of different interviews and tried very hard to walk back the original statements that she's made in the wake of sitting down with you. what have you thought of her stance since then? she said she didn't really mean it the way it came out. she is talking more about the companies and not individuals and idea that she was putting aside a lot of money and bernie sanders as well, 41 billion trying to say they will assist in helping families like yours? >> well, those comments again, i think are well-calculated. i'm not very sure exactly how they plan to do it. they say they will bring cleaner
energies to our area. i don't think that they have any, any hopes or any plans of revitalizing coal which is really not dead in our area. it is just regulated to the point we can't mine it. but she s senator manchin's support here in our own home state. i'm not sure she has a lot of people's support. melissa: folks have also said since then that you know, democrats in the democratic party in a lot of ways have given up on folks like you. they're really playing to the part of their party that is focused on climate change. i mean do you feel like, were you ever a democrat? do you feel like the party in general has turned its back on you? or are you open to any candidate that would help you? >> well, i'm really, i'm really just for anyone that is willing to help our region and to do it in the best way possible. i'm a registered republican and always have been but i'm the kind of person that if a democrat is the best person for
the job i will vote for that. i pray about each decision as best i can. i go in hopefully with enough knowledge about each candidate. i let god guide me in those. i don't vote strictly republican. i do today because it is primary. but i will vote whoever i think is the best person for our area and that lines up best with what the bible has in store for america. melissa: bo, we certainly respect your sincerity. thank you so much for coming on. we wish you and your family the best. thank you. >> thank you very much. i appreciate you having me again. david: hard to take issue with that gentleman. facebook is denying that is censors conservative news while favoring liberal topics. coming up jo ling kent talking to aol's ceo about what the controversy means for facebook's competitors. you owned your car
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melissa: marco rubio just was asked about the potential for him to be donald trump's pick for vice president. listen. >> that would be impossible because i don't really have many advisors around our campaign. it is no longer running. unless they have been talking to my wife which is my critical advisor. >> does she want you to be -- >> like i said yesterday, donald is the presumptive nominee at this point but he would be best served having someone not just by the way vice-presidential nominee but active surrogates who agree with him on these issues. david: let's look at disney. falling of a hours about 6%. the media giant post ad miss on earnings, the first time they have done so in five years. disney alone is expected to shave 44 points off the dow tomorrow. melissa. melissa: controversy surrounding facebook's alleged media bias could have far-reaching
implications on rival media companies. jo ling kent sat down with exclusive interview with aol ceo tim armstrong. what did armstrong have to say? >> talking about two big stories and facebook and yahoo!. and verizon reported bid for aol. this is what armstrong thinks about having yahoo! and potentially running it. >> if it were right deal at right price, might be something we're interested in. yahoo! is the own company, has its own process. we can't bank on that. so we're in development right now of looking at our 2020 vision and strategy to make sure we execute against it. reporter: you have been a head of a company, still head of the company that has been acquired. it's a very difficult, challenging process even if it turns out well as it did in the case of aol and verizon. what advice do you have for marissa mayer at yahoo!? >> i have known marisa for 10 years, worked at google.
she has probably all advice she needs from advisors and management team. i would say the biggest thing we learned in the m&a process overall making sure there is actually a coherent strategy and vision because doing deals for deals sake is first road to disaster. reporter: talking 500 million monthly active users on aol right now. facebook by contrast, has more daily active users, more than a billion but they have come under fire potentially suppressing conservative posts. the vp of facebook saying we don't do this and this is not something we do. of course with the election there is so much impact on how people consume news on aol and facebook. what do you think about the situation at facebook? >> two things. i think it would be highly unlikely facebook is filtering their information for consumers because i think at the end of the day all of us have one word with consumers. that es trust. if consumers don't trust you, you will not have them on the service. the second piece we own media
properties. we get lots of feedback from consumers. as long as you're intaking feedback from consumers and looking at service, facebook is one of the best companies in the world doing that. so i think there is going to be a lot of noise in this political cycle based on the candidates, based on how difficult the candidates overall are. i think all companies that serve tech and media will have to probably make sure they're doing things in user's best interests. i have no doubt facebook is doing that. >> as ceo how do you separate your political views how you run the company? inin case of mark zuckerberg, we know he is anti-donald trump. how do you do that to keep the trust of 500 million users? it must be kind of tough. >> i don't know mark's policy. i give zero editorial input. i don't go to editorial meetings. years at tech crunch or "huffington post" i don't think i give editorial feedback on any coverage.
that is one of the things with independent journalism. >> armstrong telling me is hoping for the most contentious and elongated campaign in the general election in months to come because clearly aol and all of its properties are benefiting from it from a business standpoint. guys? melissa: jo, thank you so much. great interview. great stuff. david: budweiser, king of beers, most iconic name of beers, is announcing a name change. what is one name that could describe budweiser. the answer in a moment. melissa: that was good. it's true what they say. technology moves faster than ever. the all-new audi a4, with apple carplay integration.
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melissa: taking advantage of summer patriotism with the a name change. david: anheuser-busch will replace the logo with america. what a name. it will be on 12-ounce cans and bottles. starts on may 23rd. supposedly through the election in november. you know, it might go longer. beers will include phrases from "the star-spangled banner" and "america, the beautiful." irony
is, anheuser-busch is owned by foreigners, in before, it is a -- inbev, it is foreign country. melissa: do you say i will get drunk on america? david: i kind of like that actually? that does it for us. "risk & reward" starts right now >> there have been reports that intermitt endly and outside of the formal p5-plus-one mechanisms the obama administration or members of it have conducted direct, secret bilateral talks with iran, is that true or false? >> with regard to the kind of thing you're talking about on a to government level? no. deirdre: fox news's james rosen says the white house flat-out lied to him. the sub -- subject, public u.s. and iran talks in 2014. this is "risk & reward." i'm deirdre bolton. rosen says the obama administration eag