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tv   FBN AM  FOX Business  June 10, 2016 5:00am-6:01am EDT

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nicole: breaking news for a moment poll shows hillary clinton leading in the race for the white house, but it is close. most americans think hillary clinton is lying about her e-mails. we will have the latest developments. good friday morning, everybody. lauren: tgif. good morning, i'm lauren simonetti. president obama endorses hillary clinton and meets with bernie sanders. sanders vowing to stay in the race. nicole: stock pulls back from a three-day run. let's check out u.s. stock market futures this morning. dow futures down # 9. s&p futures down 11.
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lauren: in asia, nikkei down 4% and in china closed for holiday. nicole: retreat in oil prices weighing on stock after 1% drop yesterday, oil pulling backs and a half percent. 49-point # 4 for barrel. lauren: yahoo ceo sparking a new bidding war. at&t wants to stop for internet business. nicole: more headache from valeant, we will hear from the man who has made a mint. lauren: san josé sharks force pittsburgh penguins to a game six sunday night. suspensions for thursday's baltimore brawl. nicole: that's right. friday june 10th, we welcome you fbn:am welcome to fbn:am, first look at morning markets,
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breaking news and what to expect for the day ahead. lauren: fox new poll shows hillary clinton leading donald trump in a hypothetical matchup, that's within the poll's margin of error. meanwhile 60% of voters they think the former secretary of state is lying about her e-mails were handled while 2 #% say she's honest about it. nicole: clinton put our national security at risk by mishandling classified e-mail. the general reports, superiors are at the center of the fbi investigation. some of those e-mailed were forwarded by clinton's aid to personal e-mail account. president obama endorsing hillary clinton.
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>> well, president obama said he would not endorse anyone in the democratic contest, bernie sanders or hillary clinton until he had this meeting on thursday with bernie sanders. but about two hours after the conclusion of the meeting, the president's endorsement -- video endorsement showed up on youtube and hillary clinton's website. the president said that he was fired up to start campaigning for her. in fact, hillary clinton and the president have a campaign and then already scheduled in wisconsin next wednesday. here is a clip from the president's endorsement. >> i don't think there's ever been someone so qualify today hold this office. she's got the courage, the compassion and the heart to get the job done. and i say that as somebody who had to debate her more than 20 times. >> sanders emerged from the meeting and say he will actually continue to stay in the race until next tuesday's primary, democratic primary here in washington, d.c., but he seem
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today lay the ground work for dropping out of the race sometime after that. listen. >> i look forward toward meeting with her in the near future to see how we can work together to defeat donald trump and to create a government which represents all of us and not just the 1%. >> white house said that, in fact, the president had saiped endorsement on tuesday, last major day primary for democrats in which hillary clinton locked up the nomination, thank you in new york. nicole: okay, thank you, peter barns. clinton twitted honor to have had you with me potus, republican rival responding in this tweet, obama just endorsed crooked hillary. he wants four more years of obama but nobody else.
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by endorsing hillary clinton elizabeth warren has showed herself to be a sellout. lauren: donald trump meeting with top gop donors to raise money for the general election. blake berman has details from washington. blake bake he's now down playing just how much he'll need to compete through november saying he does not think he needs to raise a billion dollars, his reasoning is that he can make it up through free media in the form of interviews and television appearances, despite that, trump held a meeting tat four seasons in new york on tuesday with top donors, 50 to 60 trump supporters in attendance who commit today either give or bundle $1 million each. that meeting described by one person in the room optimistic conversation and took questions.
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chris christie spoke as well why he endorsed trump. going forward, we are told there's a game plan in place for more fundraisers to be held on a national scale. this is what trump and money backers are up against to start. as of the end of april, filing show that campaign showed $2 million cash on hand and affiliated super pacs, less than half a million dollars. when you compare that to hillary clinton, it's not even close. her campaign has more than $30 million cash on hand and super pacs at least $46 million. the clinton super pacs are already out in full force, for example, priorities usa launched ad on thursday while correct the record launched a trump centric campaign as well. will control
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little of the money. lauren: cel -- celebrities showed to honor muhammad ali in ally's -- ali's hometown. one of the events organizers said ali was a role model to all. >> we gather here not to praise muhammad ali but to praise god for muhammad ali and remind each other of how his legacy has impacted so many different communities. lauren: thousands from around the world will converge on kfc young center for public memorial today, president bill clinton and there will be a procession
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through the city and security tight will be too. nicole: vote was 297 to 227 in rare display of bipartisanship. >> i would love if we can say, the puerto rican government, you guys have to do a better job of managing your debt, gets what, it's been a failure for $73 billion in debt. they can't get their hands around it. the people have lost trust in the government. nicole: bill now heads to the senate with just three weeks until puerto rico has to make a 2 billion-dollar debt payment. the legislation would create a financial control board and allow some of puerto rico's debt to be restructured. lauren: federal court setback to gun advocate ruling that people do not have a right to carry concealed weapon in public under the second amendment.
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state law requiring applicants to show they are in inimmediate danger. gun rights groups are criticizing the decision. the california rifle association, one of the plaintiffs in the case, quote, this decision will leave good people defenseless. nicole: let's check out asia right now, don't forget the shanghai composite closed again, nikkei in japan down half of one percent. hong kong was the worst of the bunch and then korea kospi down one-third of one percent. lauren: in europe the bond yields hit all-time low. dallas in germany down 2% and cac in paris down and ftse down one and a half percent today. nicole: under the 18,000 mark hit by energy. today we are seeing down arrows. s&p down 12 and a half, nasdaq
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futures down 32. lauren: big week for oil and fell again yesterday and again today. that's down 1.6%. gold giving backs 2.69 troy ounce. nicole: new list of bidders. some of the bidders dropped out but verizon and at&t were among those who made second-round offers. another offer was submitted by a group lead by founder of kick and loans. lauren: federal regulators are looking into possible suspension problems in tesla's model sedan, ownership an official investigation. tesla itself looking into the alleged suspension issue and said it hasn't found it to be a widespread problem but the agencies criticized tesla for allegedly using known disclosure agreements to discourage
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customers from reporting safety to the government in exchange of repairs. >> here is a look at the headlines in today's edition of the wall street journal. french uber and executives, the court convicted the company and french executives of violating privacy law. twitter, password leaks of account, databases and passwords was made public. venture capitalist perkins. perkins one of the founding fathers of modern venture capital investment. he was was over the years invested in numerous technology giants including google, twitter, amazon, scare, uber, various biotech and energy firms
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as well. lauren: coming up valeant continues to get worse. adam shapiro looks at the problem and stocks will go down for a long time. >> i just never understood the model and i don't don't understand the model of this whole where you buy drugs, one small drug companies and hike the prices. lauren: a guest on wall street week, that's tonight 8:00 p.m. right here on the fox business network. also coming up fox meteorologist maria molina has your weekend weather forecast. will it be a soggy one? we will find out. you're watching fbn:am, first look at morning markets and breaking news. closing the stage this afternoon for auditions? what's on that piece of paper? oh, miss maroney, your forehead!
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lauren: happy friday to you, welcome to fbn:am, 5:15 a.m. right here in new york. let's get you caught up in what's happening now. according to fox news poll, the race between hillary clinton and donald trump is almost even. trump has lost 6 percentage points. president obama has endorsed hillary clinton. senator bernie sanders met with president obama at the white house yesterday, sanders did not say he was withdrawing from the
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race but pledged to work with clinton to defeat donald trump. verizon and at&t are said to be the second-round bidders here. verizon bid was actually near the low end of the list. checking u.s. stock market futures this friday morning. it's been a great week for stocks, we do have a selloff right now with dow futures down 100 points, more than half of 1%. nasdaq futures are down three quarters of 1%. nicole: i'm going to see whether the nasdaq can squeeze up the gain this week or opening bell turns into negative territory. energy drives the market. valeant continue to get worse, company hoping to restructuring deal with walgreens will do the trick. adam shapiro has the details. >> remember that valeant used to be a 90 billion-dollar company that was back in august.
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today market cap over $8 billion, that's after the accounting problems, the management shake-up and then, of course, the issues involving price gouging. shares of the canadian pharmaceutical were rising on news the troubleed drug maker is negotiating with walgreens. that fee is paid even if an insurance company fails to pay valeant for the drug, that's costing valeant millions of dollars. the department of justice, security's exchange commission and both houses of congress are still investigating valeant investment management will be on wall street week tonight to explain why the valeant business model is broken.
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>> i just never ud the model and i still don't understand the model of this whole special where you buy drugs, one small company and hike the prices eightfold or tenfold, i keep coming back, why don't the companies that originally owned them originally did that. that's what's broken. >> you can watch the interview tonight on wall street week right here on the fox business network at 8:00 p.m. charlie mung, er months ago called valeant and its company deeply immore real, thank you. lauren: san josé forced pittsburgh penguins to a game sunday night. >> we had rebound opportunities.
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we couldn't seem to find, we counterseem to find the third goal. lauren: multigame suspension's in thursday's brawl in baltimore. highlights coming up in arizona force today evacuate after wild fire rages out of control. we will have the latest on that. you're watching fbn:am, first look at morning markets and breaking news. it's more than a network. it's how you stay connected. with centurylink as your trusted technology partner, you get an industry leading broadband network and cloud and hosting services. centurylink. your link to what's next.
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nicole: now let's take a look at the world of sports. stanley developpa, son josé aren't done yet, 4-2 win over pittsburgh penguins in game 5. the sharks put the penguins lead
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to 3 to 2 and forced the game six in son josé on sunday. major league suspended ventura nine games and manny machado was penalized four games. ventura hit machado with 99 an hour baseball. the bench is empty, ventura and machado both have appealed their suspension. nba finals assumed tonight, the cleveland caf -- cavaliers had a practice session. love suffered a concussion in game two and hasn't been cleared to play in tonight's he will get evaluated before he gets the okay to play.
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lauren: once again the town of yarnell, arizona is threaten by a wild fire. almost a year a fire in yarnell killed firefighters. fire officials will take some time to contain the blaze. >> as of right now we are looking at approximately 600 acres, roughly about 10% contained and depending onwetter conditions and fuel types, maybe looking at hopefully having containment with, you know, a week or something like that. lauren: so far no injuries from the fire. nicole: well, heat and humidity coming back to the northeast and with that a chance be storms, who noses better than that fox meteorologist maria molina has been tracking it and she knows the very latest. maria, what's going on?
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maria: exactly, we are expecting to heat and humidity to be building in the entire northeast and even farther west in the portionses of northwest u.s. right nowt out there. we have lingering showers in great lakes and dakotas and you can see the forecast for later on this afternoon for possible severe storms to develop across parts of montana and portions of great lakes the threat east ward as we head on saturday, potential for lagger hails and damaging winds and isolated tornadoes, on sunday parts of planes looking at the risk, active pattern here in north of the nation. temperatures right now across center of the nation are very warm as far as minneapolis, very warm, as we head in the afternoon it's very hot anywhere
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from 90's and even across the southern u.s., atlanta, georgia, you could be seeing temperature 94-degrees and we head into the eastern u.s. and as we head into the week but again getting hot out there. it's start to go feel like summer and we are getting into july in a couple of weeks so not really unusual. nicole: that's right, everybody drink lots of water. lauren: brand new fox poll shows hillary clinton barely leading donald trump in the race for the white house. most american voters also think hillary clinton is lying about her emails, she sticks to her story. >> the rules were not clarified both before me and after me, secretary of states have the same practice. lauren: melissa myer is getting a new bidder for yahoo. we are going to have the story.
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lauren: breaking news this morning a poll shows hillary clinton beating donald trump but it is close, most americans think hillary clinton is lying about the emails. we will have the latest developments. good morning to you, i'm lauren simonetti. nicole: good morning, lauren, good morning, everyone, i'm nicole petallides. president obama endorses hillary clinton and meets with sanders, senator vows to stay in the race. lauren: checking in on stock market futures this friday morning, dow futures down 84 points, nasdaq futures down 30.
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nicole: in asia stocks fall in japan over worries about slowing global growth. nikkei down almost a half of one percent. stocks closed in china after holiday. lauren: 1% drop yesterday, oil prices down again one and a half percent but below $50 a barrel. 49.77. nicole: yahoo ceo melissa myer is sparking a bidding war. we will have that story. lauren: more headache for specialty pharmaceutical valeant. nicole: san josé sharks forced penguins to game six sunday might. major league baseball issues multileague suspension for thursday's baltimore brawl. lauren: it's friday june 10th. welcome to fbn:am, first look at what's moving in today markets and what to expect for the day
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ahead. nicole: a new fox news poll shows hillary clinton leading donald trump by 3 points in a hypothetical matchup. that's within the poll's margin of error. trump lost six points since last poll in may. 60% of voters think the secretary of state is lying about how emails were handled and 27% she's been honest about it. lauren: 57% say that clinton is putting national security at risk by mishandling classified emails while 32 disagree. the wall secrete journal reports emails between diplomats in washington are at the center of fbi investigation. some of the emails were forwarded by clinton's aid to her personal e-mail account. nicole: president obama endorsing hillary clinton.
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peter barnes has more. peter: president obama said he wouldn't endorse anyone until meeting with bernie sanders. two hours after the conclusion, the president's endorsement -- video endorsement showed on youtube and on hillary clinton's website and the president said that he was fired up to start campaigning for her and, in fact, hillary clinton and the president have a campaign event already scheduled in wisconsin next wednesday. here is a clip from the president's endorsement. >> i don't think there's ever been someone so qualify today hold this office, she's got the courage, the compassion and the heart to get the job done. and i say that as somebody who had to debate her more than 20 times. peter: sanders emerged from the meeting and said he will actually continue to stay in the race until next tuesday's democratic primary here in washington, d.c. but he seem today lay the ground
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work for dropping out of the race sometime after that. listen. >> i look forward to meeting with her in the near future to see how we can work together to defeat donald trump and to create a government which represents all of us and not just the 1%. peter: white house said that the president had taped endorsement of hillary clinton on tuesday, the last major day of primaries for the democrats in which hillary clinton locked up the nomination. back to you in new york. nicole: thank you, peter barnes, following the president's endorsement. clinton honored to have you with me, i'm fired up and ready to go. donald trump responding, obama just endorsed crooked hillary. he wants four more years of obama but nobody else does. then clinton tweeted at trump, quote, delete your account. rnc chairman prebus said hillary
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clinton if anyone knows how to use a delete key it's ewe. elizabeth warren announced endorsement for hillary clinton but this is what the republican national committee had to say about that, quote, by endorsing hillary clinton elizabeth warren has shown herself to be a sellout. lauren: major dash for cash, donald trump meeting with donors to raise money, blake berman has details from washington. blake: donald trump is betting that money isn't anything when it comes to winning the white house. he's down playing how much he'll need to compete to november. he does not think he needs to raise a billion dollars. reasoning he can make it up from free media, despite that trump held meeting at the four seasons in new york on thursday with top donors, we were told about 50 to 60 trump supporters were in attendance committed to bundle $1 million each.
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that meeting was dye scribed by one person inside the room optimistic conversation and trump spoke for roughly 45 minutes and took questions. chris christie spoke as well about why he endorsed trump. going forward, we were told there's a game plan in place for more fun raisers to be held on a national scale. this is what trump and money backers are up against to start. as of the end of april, filing show that trump's campaign had $2.4 million cash on hand and affiliated super pacs, less than half a million dollarsment when you compare that to hillary clinton, it's not even close. her campaign had more than $30 million cash on hand and her super pacs at least $46 million. the clinton super pacs are already out in full force, for example, priorities usa launched a quarter million dollar digital ad on thursday while correct the record launched a trump centric campaign as well.
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back to you in new york. lauren: thank you, strategy would leave him relying, his campaign will control little of the money raised. nicole: from boxing promotor don king in muslim memorial service yesterday, the prayer service began two days of memorials that ali planned in details before his death. ali was role model to all. >> we gather here not to praise muhammad ali but the praise god for muhammad ali and to remind each other how his legacy has impacted so many communities. nicole: thousands from around the world will converge at the kfc young center.
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billy crystal will deliver eulogies and security certainly will be tight in that city. lauren: house passed a bill to ease puerto rico's crisis in rare display of bipartisanship. >> i would love if we can say, the puerto rican, you guys have to do better job of managing your debt, guess what? it's been a failure for $73 billion in debt. they can't get their hands around it. the people have lost trust in the government. lauren: so the bill now heads to the senate with just three weeks until puerto rico has to make a 2 billion-dollar debt payment. the legislation would create a financial control board and allow some of puerto rico's debt to be restructured. nicole: federal court has dealt a setback to gun right advocates an appeal's court in san francisco that people do not
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have a right to carry concealed weapons in public under the second amendment, the ruling by the 11 judge panel upholds a state law requiring applicants to show that they are in inimmediate danger to carry concealed fire firearm. gun rights' groups are criticizing the decision. one of the plaintiffs in the case says, quote, this decision will leave good people defenseless. lauren: okay, let's get you caught up on global market action overnight starting in asia, chinese market still closed. nikkei in japan down and hang seng and down 1.1% and the kospi ending session down a third of one percent. nicole: let's take at what european stocks are doing. the cac quarante down one and a half to the downside.
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germany dax 1% lower. lauren: here in the u.s. if we end up higher this week and we might it is up four weeks in a row. today we have some selling. dow futures down half a percent. s&p futures down half of one percent and nasdaq futures are actually down more, they are down 1.7%. nicole: oil has been the volatile factor here. yesterday we saw oil pull backs% and below 50 bucks. right now 49.75, 81 cents down. gold down at 12.70 a troy ounce. lauren: yahoo putting together a list of bidders, sources say some of the bidders dropped out but verizon and at&t are among those who made second-round offers. offers said to be at the low end of bids received so far. another submitted to a group led by founder of quick n loans.
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yahoo will put a short list of bidders and will solicit binding offers on the list. nicole: 37.35. federal regulators are looking into possible suspension problems in tesla model's sedan and that can lead the national highway transportation to open an official investigation at a later time. tesla itself is looking at the alleged suspension issue and not found it to be a widespread problem. often in exchange for discounts on repairs. lauren: take a look at the headlines in today's edition of the wall street journal. this one french court finds uber and executives, the court convict it had company and french executives of violating transport and privacy laws. twitter passwords leaked for
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millions of accounts. twitters have notified users that are accounts are at risk of being taken over after passwords were made public. thomas perkins has died. perkins was one of the founding fathers of modern venture capital investing, he was 84 year's old, he was actually the former husband of daniel steel, google, twitter, amazon, uber, and also various biotech and energy companies too. nicole: coming up, oil prices are going up. what it means for the summer driving season? you're watching fbn:am, first look at morning markets and breaking news.
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nicole: good morning, it is 5:45 a.m. right here in new york. let's get you caught up on what's happening now. according to fox poll the race between hillary clinton and donald trump is almost even. trump has lost 6 percentage points since the last poll one month ago. president obama has endorsed hillary clinton. senator bernie sanders met with president obama at the white house yesterday and sanders did not say he was withdrawing from the race but he did plij to work with clinton to defeat donald trump. and yahoo says it is compiling a new list of bidders for its core internet business, verizon and
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at&t are said to be the second-round bidders, one source says that verizon was near the low end of the list. let's check out u.s. stock market futures. we do have a winning week on wall street. if we have a sell off we could jeopardize that winning week. you have dow futures down, nasdaq futures down 31. lauren. lauren: thanks, nicole, one reason stocks are down is because oil prices are down. the trend is almost doubling the february lows. gas prices also going up the question is enough to affect your summer road trip? >> unless you're on a bus or bike or uber, maybe you notice gas prices on the rise, in chicago 3.39. one of the highest stations in town, more than national average which itself is a whole lot more than it was in february 11th. that was the low point gas prices this year. we got down to a dollar 77 for
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the national average, it's up 40% since then. despite that, the government says prices still going to be low this summer. take a look at what the eia had to say about prices this summer even with a higher crude prices. retail gasoline prices to be the lowest they have been in a dozen years. last summer at this time $2 or at least for the average 2.63 forecast this summer 2.37, which is below where we are right now. 16% difference. gas prices on the rise, rain continuing to fall, so it is in chicago, back to you guys. lauren: jeff flock doesn't have anybody to hold his umbrella for him. thanks, jeff. nicole: tonight's wall street week, famous short seller, founder of kinkos associates, he offered some advice for investors. >> the one thing i will tell
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your viewers is to be weary of is a company that chose two things, lots of management stock sales for different people, but more importantly management departures. you are seeing a company where ten or 15 or 20 people are leaving in the space of a year or two, look out. two companies in the last 12 months fit that bill, valeant, tesla. nicole: you could see more of jim chanos tonight. lauren: coming up in sports, san josé sharks forced pittsburgh penguins to a game six sunday night. >> we had traffic at the net, there were people there, we had rebound opportunities, we couldn't seem to find that third goal. lauren: major league baseball issues multigame suspension in tuesday baltimore brawl, highlights coming up.
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look at that. lenovo in google, new smartphone may be the needed building block for reality, we will tell you why next. good morning to you, we are the first look at morning markets and breaking news. x÷x÷ runners on your mark! ♪music get set! ♪you're rolled out at the dawning of the day♪ (sfx:starter pistol shot) ♪heart racin' as you made your little get away
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lauren: welcome back, let's take a look at sports, in the stanley cup finals san josé sharks are not done yet, sharks avoided elimination by hanging on 4-2 win in game five last night. martin jones stopped shots.
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3-2 and forced a game six at san josé on sunday. major league baseball has suspended two players involved in tuesday's brawl in baltimore-kansas city game. suspended nine games and baltimore machado was penalized four games. each player was fined an undisclosed amount. ventura hit machado with 99 an hour. ventura and machado both have appealed their suspensions. or oils beat toronto blue jays, tie-breaking sacrifice fly in ninth inning. pedro álvarez with pitch two and one-third innings for the win and 19th save. nicole: heat and humanity coming back to the northeast. with that, chance for storms,
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fox meteorologist maria molina has been tracking it all and is here with us. good morning, maria. maria: good morning, we are tracking potential for severe weather over the next couple of days. starring out today you could see in parts of the great lakes and northern lockies, by saturday that threat expands east ward including portions of the northeast and northern plains and by sunday another round of possible severe weather. the threats will include large hail and possible isolated tornadoes. temperatures right to moment and to texas in the 70's. take a look at what happens this afternoon. a big chunk of the nation expecting temperatures summerlike across places like colorado, utah and even arizona. you are looking at hot temperatures that will be climbing into the 90's or even potentially the triple digits. as we head into the weekend, the
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heat continues to expand east ward and include portions to have northeast. nicole: maria molina, thank you very much. lauren: a phone that knows its way around the phone, lenovo will crate map of physical surroundings, the room oas shape, size and the presence of other people. the technology will be able to make internal maps and homes on the fly and allow you to interact with the map on your phone, a crucial building block in augmented reality. lenovo will sell for $500 when it begins shipping in august and expect today hit stores in mid-september, that's important because it's before the release of apple's iphone 7. nicole: that's good for a bank robber, you can find your way around. coming up we will run down the global market action overnight, dow futures down 92, s&p futures down 13. you're watching fbn:am, first look at morning markets and breaking news. i am so sorry, ms. maroney.
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nicole: european markets have been under pressure all morning long. the german dax to the downside down over 2%. while the london down one and a half percent and the cac quarante down 1.8%. that's the vote for referendum whether or not britain will exit the eu. u.s. stock market futures after selloff yesterday led by energy, dow right now is down 94, s&p futures down 13. checking in on oil, in fact, which is below the 50-dollar-barrel mark, down as gold pulls backs .50 right now. we are going to turn it over to mornings with maria and say good morning to you maria bartiromo. maria: hi, everybody, tgif, good morning, i'm maria bartiromo, it
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is friday june 10th, top stories right now, 6:00 a.m. on the east coast. donald trump and hillary clinton battling it out in brand new fox news polls this morning and on twitter. race is tight. a look at who has the edge coming up. hillary clinton securing endorsement from democratic party leaders yesterday, president obama, vice president biden and senator elizabeth warren all endorsing clinton. vice president biden calling on divine intervention as he made the case for judge merrick garland to get the nomination. >> anybody who thinks that whoever the president might be, god willing is the secretary hillary clinton, even if it is a democrat, the idea that this will be brought up within a month or two or three is highly unlikely. maria: breaking news overnight. a police officer shots

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