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tv   FBN AM  FOX Business  July 22, 2016 5:00am-6:01am EDT

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>> i humbly accept your nomination for the president of the united states. [cheers and applause] lauren: breaking news this morning, donald trump accepting nomination for president, promising to put america first. good morning, i'm lauren simonetti. we will have highlights of the final night of the republican convention. lea: good morning to all of you. hillary is narrowing to three
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people. lauren: the dow falling back 17 points, checking in on stock market futures ahead of the opening bell. dow futures higher by 32 points. nasdaq futures gaining 11. in asia japanese stocks pulled back. in nikkei 1.1%. in japan and china shanghai composite falling. lea: unusual excuse for missing earnings. lauren: chep ot lee recovering far more slowly. that stock down 38% this year. and it fell another one and a half percent after latest earnings report. lea: in sports the nba is moving all-star game out of north carolina because of controversial law. lauren: right now 5:01.
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welcome to fbn:am, first look at morning markets, breaking news and what to expect for the day ahead. lea: formerly accepting the nomination for president. trump delivering a big speech on the final night in cleveland. >> my father and our next president donald j. trump. [cheers and applause] >> together we will lead our party back to the white house and we will lead our country back to safety, prosperity and peace. [cheers and applause] >> i have a message for all of you that crime and violence that today afflicts our nation will soon, i mean, very soon will come to an end. [cheers and applause] >> as your president, i will do
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everything in my power to protect our lgbtq citizens from the violence and oppression of a hateful foreign ideology. we cannot afford to be so politically correct anymore. [cheers and applause] >> this is the legacy of hillary clinton, death, destruction, terrorism and weakness. there can be no prosperity without law and order. it's time to deliver a victory for the american people. we don't win anymore but we are going to start winning again. and we will make america great again. god bless you and goodnight. i love you. [cheers and applause]
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lea: trump also posted this picture on his twitter account showing him and running mate mike pence officially accepting the party's nomination. lauren: among speaker to highlight the closing night trump's daughter ivanka as well as paypal cofounder peter teal. check out key moments last night. >> as president my father will change labor laws that were put in place and he will focus on making quality child care affordable and accessible for all. [cheers and applause] >> i am proud to be gay, i am proud to be a republican, but most of all, i am proud to be an american. >> you can kiss your gun rights good bye if she ever finds her way into the white house. in foreign policy a clint oant presidency means forgetting our
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friends and enabling our enemies. >> donald trump is bold tenacious, courageous and even outspoken leader and he knows how to create jobs and successful businesses, he has bold ideas and he speaks truth to power. >> we have never such a genuine and loving family i truly believe donald trump is america blue-collar billionaire. >> i have seen him fight for his family, i have seen him fight for his employees, i have seen him fight for his company and now i'm seeing him fight for our country. >> now we are told that the great debate is about who gets to use which bathroom. this is a distraction from our real problem, who cares. >> let's stand united as republicans, let's stop hillary clinton.
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let's get the work, expand our authority and let's elect donald trump president. >> this is the moment and donald trump is the person to make america great again. [cheers and applause] lauren: grand finale, we will go live to cleveland in just a few minutes. lea: hillary clinton expected to announce her choice. the convention is tight lift about the possible running mate. there's three people on the short list, kaine and vilsack, newt gringrich not on the list but weighing in. >> she has to have a male and she concluded that she doesn't have available latino who is well enough nationally to fill the ticket out. my guess is either to one of
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those two. lea: be sure to live fox business for continuing coverage of the democratic national convention in philadelphia starting on monday. lauren: white house is playing host to the president of méxico today enrique peña nieto's visit after he and president obama met in a summit in canada. white house press secretary josh earnest doesn't know how peña nieto plans to address the question of donald trump which pledges to build a wall between the two countries. president obama will hold news conference with the mexican president at the white house this morning. lea: well, according to paris prosecutor attacker took several months to plan attack and help with at least five people, those people are being intlog rated, the french prosecutors says that there's no evidence that he or suspected had any direct contact
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with isis. the 30 french ta -- tanisian was shot. lauren: this is how stocks closed friday. biggest decliner is nikkei in japan. shanghai composite in china down .9%. kospi in south korea a tenth of one percent. if you flip over to europe, it's two days of selling in a row. commodity prices are weighing. flip it over to the u.s., it's been a decent week, dow futures now up 32 points, s&p futures up 4, nasdaq gaining almost 11 this morning. oil prices pulled back by a dollar today.
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still down today $44, below 45. 44.55 is the quote. gold down $1 to 13.24 a troy ounce. lea: starbucks says its sails have been hurt for political in u.s. and abroad. reported third consecutive short fall in sales. he can't remember a quarter like this. starbucks rose 4%, that's down from 13% a year ago. lauren: you know, starbucks changed their loyalty program to reward you based on the money you spend and times you go. lea: we will see. lauren: promotions for free food didn't do much to help chipotle in is second quarter following scarce o. that's actually an
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improvement from the first quarter. chipotle says it doesn't know how long it would take to recover from the e. coli and ni niro virus. lea: general electric top our list this morning. that would be the largest growth in five years, revenues expected to rise by 7%. we will also hear from american airlines, world largest airline with slight decline. follow from britain's vote of leafing eu could weigh on results. lauren: let's take a look right now at the headlines in today's
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edition. goldman sachs is raising a private equity fund. the new corporate buyout fund is the bank's first. bank is expected to pay $200 million into whether it try today win business by hiring the sons and daughters of powerful people in asia. and then there's this one, liberty media ceo floated about a 15-dollar per share offer for pandora but the journalist say that the proposal for the internet company was rejected. lea: coming up a big night for donald trump's oldest daughter ivanka, she introduced her father and cast him as a fighter for working people and specially working women. >> as president my father will change the labor laws that were put in place at a time that women were not a significportion of the workforce. lea: we will have a live report
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from cleveland and the hoat dome creeping across the nation is due to arrive in new york city just in time for the weekend. fox meteorologist maria molina will tell us how hot hot is expected to be and when we can see some relief. you're watching fbn:am, first look at morning markets and breaking news. you focus on making great burgers, or building the best houses in town. or becoming the next highly-unlikely dotcom superstar. and us, we'll be right there with you, helping with the questions you need answered to get your brand new business started. we're legalzoom and we've already partnered
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a, arm weakness. s, speech difficulty. t, time to call 911. lea: welcome, it is 5:15 a.m. in new york. let's get you caught up on what's happening right now. donald trump threw wild cheers after accepting nomination in cleveland. trump slammed hillary clinton and promise today restore safety. clinton is expect today take back headline by electing running mate. her short list is virginia senator kaine and vilsack and corey booker. checking u.s. stock market
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futures ahead of the opening bell, looking at dow jones at the dow futures are up 35 points. that's about two tenths of one percent. s&p futures are up 5.2 -- 5.2 points and nasdaq futures up 12 and that's what's happening now. back to you, lauren. lauren: thank you so much. republican national convention wrapping up with donald trump's big speech. all political leaders and family members made the case for the nominee. peter in cleveland to tell us about the grand finale, the fireworks went out just a few hours ago, peter. >> donald trump spent most of the longest acceptance speech in decades telling a very enus the -- enthusiastic crowd in cleveland that he's the candidate who can fix america's worst problems by himself.
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>> when i take the oath of office next year, i will restore law and order to our country. i will work with and appoint the best and brightest law enforcement officials, i am the law and order candidate. >> mr. trump picked his daughter ivanka to introduce him and she talked a lot about how well her dad treats female executives and why he's so tolerant. >> he is color blind and gender neutral, this is the fighter, the doer that you have chosen as your nominee, my father and our next president donald j. trump. [cheers and applause] >> meanwhile during mr. trump's campaign, hillary clinton campaign tweeted out the only thing standing between donald trump and the white house is us.
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clinton is narrowing down potential running mates. her finaleses virginia senator kaine, vilsack or corey booker, a decision could be made, announced today but none of the three, vilsack or booker or kaine has receive ad phone call to tell them one way or the other, you're going to be my running mate or not my running mate. lauren: it all starts monday morning, the democratic national convention. lea: more hee lights from the gop convention including the first openly gay speaker at the republican national convention. >> i am proud to be gay, i am proud to be a republican. but most of us, i am proud to be an american. >> in sports the nba is moving
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all-star nba game because of controversial law and nba is fining three teams and players for making social statement. you're watching fbn:am, first look at morning markets and breaking news. i don't want to live with the uncertainties of hep c. or wonder whether i should seek treatment. i am ready. because today there's harvoni. a revolutionary treatment for the most common type of chronic hepatitis c. harvoni is proven to cure up to 99% of patients... ...who've had no prior treatment. it transformed treatment as the first cure that's... ...one pill, once a day for 12 weeks.
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my pledge reads i'm with you, the american people. [cheers and applause] lea: well, donald trump's highly-anticipated speech set record for the largest convention address in over four decades. that's as much as mitt romney and president obama's speech combine. bill clinton held record which ran 66 minutes followed by george w. bush in 2004. lauren: but who is counting? we are. federal police say ten people have been arrested for planning terrorist attacks in rio, they were linked to the islamic state. security officials say the suspects were poorly organized. most of them new each other but only through online messaging, they were said to be amateur without any plan preparation.
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lea: now let's take a look at the latest from the world of sports, the national basketball association is moving from time warner cable arena to another state, the move is because of the nba objects north carolina's house bill 2 which limits antidiscrimination protections for lesbian, gay and transgender people in the state. the nba said, quote, we do not believe we can successfully host festivities in charlotte and the climate created by hb2. the nba will announce a new site for the week. players wearing black warmup shoots after recent shootings that involved police officers, all teams fined 5,000 and players 500. wnba rules say uniforms may not be altered in any way. fenway park last night. homer on the first pitch of the
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game. david ortiz helping red sox keep twins 13-2. justin went 5-5 with two doubles and jackie bradley, jr. hit a solo homer, the red sox are 12-3 in the month of july. lauren: all right, let's turn it to the markets here and what happened overnight. in asia the stocks are down. nikkei biggest seller of the bunch. in china the shanghai composite down .9%. the hang seng and hong kong down a quarter of one per can he be the and a tenth of the percent decline in south korea, flip it over to europe. this is how stocks are trading. up arrows across the board. the ftse in london up 18 points, a quarter of one percent. the cac in paris and the dax a germany up a tenth of one percent. we are talking about central banks. european central bank didn't do anything yesterday in terms of hiking their interest rates, we have the federal reserve here at home meeting next week, futures
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are up this morning. s&p futures tacking on 5 points and nasdaq futures up 13 points this morning. oil prices tell by a dollar. they are down 44.69. gold down $7, 13.23 an ounce. lea: all right, coming up. donald trump accept ts nomination for president. >> in this race for the white house i am the law and order candidate. [cheers anand applause] >> we will have all of the highlights for you. starbucks blaming for disappointing sales specially in europe and the u.s., how bad were they? we will have the details. you're watching fbn:am, first look at morning markets and breaking news. stay with us.
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>> i humbly and gratefully accept your nomination as the president of the united states. [cheers and applause] lauren: donald trump accepts gop nomination for president casting himself as law and order president and promising to put america first. good morning, i'm lauren simonetti, we are going to have highlights from the final night of the gop convention coming up. lea: good morning to you and all of you, i'm lea gabriel for nicole petallides. meanwhile hillary clinton narrows choice for three people and we can find out today who were final pick for vice president is.
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lauren: in markets nine straight days of gain, seven of them record closes, the dow falls 77 points. let's check u.s. stock market futures ahead of the opening bell. dow futures are higher. similar percentage gain for s&p and nasdaq. in asia japanese stocks pulled back. in shanghai composite down almost 1%. lea: unusual excuse for missing earnings, we will have the story. lauren: chipotle recovering far more slowly than expected after a series of food scares, the stock down 38% this year. fell another one and a half percent after latest earnings report. lea: in sports nba is moving all-star game because of controversial law and wnba is fining three teams for making a social statement. lauren: it is friday july 22nd,
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welcome to fbn:am, first look at morning markets, breaking news and what to expect for the day ahead. lea: breaking news this morning, donald trump formally accepting the republican nomination for president. trump delivering a big long speech on the final night of the republican convention in cleveland. >> my father and our in the case president, donald j. trump. >> together we will lead our party back to the white house and we will lead our country back to safety prosperity and peace. [cheers and applause] >> i have a message for all of you that crime and violence that today afflicts our nation will soon and i mean very soon will come to an end. as your president, i will do everything in my power to
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protect our lgbtq citizens from the violence and oppression from a hateful foreign ideology. we cannot afford to be so politically correct anymore. [cheers and applause] >> this is the legacy of hillary clinton, death, destruction, terrorism and weakness. there can be no prosperity without law and order. [cheers and applause] >> it's time to deliver a victory for the american people. we don't win anymore but we are going to start winning again. and we will make america great again. god bless you and goodnight, i love you. lea: trump also posted this picture on his twitter account
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showing him and his running mate mike pence officially accepting the party's nominations. lauren: among the speakers who highlighted trump's daughter ivanka and paypal cofounder peter thiel, here are some of the highlights. >> my father will change labor laws that were put in place and he will focus on making quality child care affordable and accessible for all. [cheers and applause] >> i am proud to be gay, i am proud to be a republican but most of all, i'm proud to be an american. you can kiss your gun rights good-bye if she ever finds her way into the white house. in foreign policy, a clinton presidency means forgetting our friends and enabling our enemies. >> donald trump is bold
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tenacious, courageous and even outspoken leader and he knows how to create jobs and successful businesses. he has bold ideas and he speaks truth to power. >> we have never met such a genuine and loving family. i truly believe mr. trump is america's blue-collar billionaire. >> i have seen him fight for his family. i have seen him fight for his employees. i have seen him fight for his company and now i am seeing him fight for our country. >> now we are told that the great debate is about who gets to use which bathroom, this is a distraction from our real problems. who cares. >> let's stand united as republicans. let's stop hillary clinton. let's get to work, expand our republican majority and let's elect donald trump president.
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>> this is the moment and donald trump is the person to make america great again. lauren: more on this we are going live to cleveland if just a few minutes. lea: and hillary clinton is expected to announce her choice for vice president today ahead of next week's democratic national convention. the campaign has been tight lift about running mate. there are three people on the short list, virginia senator tim kaine and vilsack and corey booker of new jersey. newt gringrich weighing in on the record. >> i think she's concluded she has to have a male and concluded that she probably doesn't have an available latino who is well enough known nationally to fill the ticket up. my guess is she's probably going to go either to one of those two kaine and vilsack. lea: starting monday.
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lauren: white house playing host to the president of méxico enrique peña nieto's visit comes just weeks after he and president obama met at a summit in canada. the white house says the two leaders are going to discuss trade, border security and drug traffics. white house secretary says he doesn't know how peña nieto plans to address, president obama will hold news conference this morning at the white house. lea: according to paris prosecutor the man that killed 84 people in nice last week took several months to plan the ait can and help from at least five people. those people are willing interrogated. there's no evidence that he or suspected accomplices had any ties with isis.
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lauren: let's get you caught up in global market action overnight. starting in asia, stocks down across the board. shanghai composite down 8.9%. nikkei down 1.1%. hang seng in hong kong down a quarter of a percent and kospi in south korea down a tenth of one percent. the ftse in london is up a quarter of 1%. the cac in paris is almost half of one percent and the dax is up 1.1% this morning. u.s. stock market futures are higher. the dow is flat on the week coming into this final session. futures up 38 points, looking at the blue-chip average, nasdaq futures, it's been great week for the nasdaq. oil has been pulling back, we do have another pullback today. slight one, .2%. oil at 44.66, gold down $7, 13.24 an ounce. this is how to dollar is trading against currencies.
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the pound at 131, canadian dollar and mexican peso all weaker. let's look at the 10-year treasury yield. 1.56% this friday morning. >> starbucks says sales have been hurt by political and social unrest in the u.s. and abroad and drop in consumer confidence. the coffee chain reported third consecutive chart fall and spar backseat ceo discussed third quarters results that he can't remember stock. that's down from 13% a year ago. starbucks shares falling more than 3% in premarket trading. lauren: promotions for free food did not do much to help chipotle, earnings fell more than 80% from a year ago. same store sales split almost 24%. that's actually an improvement from the prior quarter.
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chipotle says it doesn't know how long it's going to take to recover from e. coli outbreak and nuro vie sis -- virus. lea: general electric tops our list this morning. that would be the largest growth in five years. renew is expect today rise by 7%. we will also hear from american airlines, world's largest airline to report decline after rival southwest ramped up competition in dallas. honeywell to report increase. lauren: goldman sachs is raising a private equity fund of 5 billion to $8 billion.
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the new corporate buyout fund is the banks first such funds since the financial crisis. jpmorgan nears settlement on asia hiring. the bank is expect today pay about $200 million to settle criminal investigations and hiring sons and daughters of people in asia. liberty media's ceo floated about a 15-dollar per share offer for pandora but the journal says proposal for internet-radio company was rejected. lea: well, coming up big night for trump's oldest daughter ivanka. >> as president my father will change labor law that is were put in place at a time when women were not a significant portion of the workforce. lea: we will have a live report from cleveland and lauren is going to be so hot, the heat droam creeping across the nation is due to arrive in new york city just in time for the weekend.
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lauren: i want to. lea: i do as long as it's a dry hot. fox meteorologist maria molina to tell us when we will see some relief. stay with us.
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lauren: good friday morning, it's 5:45 on the east coast. donald trump drew wild cheers when accepting nomination last night. that was long. trump slammed hillary clinton and he promise today restore safety to america. clinton is expected to take back some headlines today by naming her pick as running mate. short list virginia senator kaine, vilsack and new jersey senator corey booker. we will see. starbucks missed sales estimate, the company blaming terror and
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political unrest around world. wefer watching that stock today. u.s. stock market futures, they're up across the board right now. major win for all three averages. s&p futures up 5, nasdaq futures gaining 11 on the final day. lea. lea: four-day republican national convention wrapping up last night with donald trump's big and lengthy speech, all week long major political leaders and trump's family made the case for gop presidential nominee. peter is live in cleveland with the details. peter. >> donald trump said he alone can make the changes to make united states richer and safer. >> when i take the oath of office next year, i will restore law and order to the country. i will work with and appoint the best and brightest prosecutors.
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i am the law and order candidate. [cheers and applause] >> the fourth night of the convention also featured a speech by the sixth member of the trump family to take the podium when ivanka trump introduced her dad. >> he is color blind and gender neutral. this is the fighter, the doer that you have chosen as your nominee. peter: meanwhile hillary clinton's campaign account tweeted a graphic last night that said, quote the only thing standing between donald trump and the white house is all of us. hilly clton paing dn her nninmatehortist, sours te foxews e filistare rgin senor tik ai -- kne, vilsac and new jersey corey booker. none of the final three have gotten a phone call from
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secretary clinton to tell them that they are still in the mixor they will no loppinger be considered as a potential vice president. back to you. lea: all right, we will all be waiting. lauren: more highlights to have gop convention including the first openly-gay speaker at a republican convention. >> i am proud to be gay, i am proud to be a republican but most of all, i am proud to be an american. the highlights. all-star game out of charlotte because of controversial law and the wnba fining three teams for making social statement. we will have the details. dow futures up 33, nasdaq futures up 11. you're watching fbn:am, first look at morning markets and breaking news. [hip hop beat]
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>> my opponent asked her supporters to recite a three-word loyalty pledge. it reads, i'm with her. i choose to recite a different pledge. my pledge reads i'm with you, the american people.
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[cheers and applause] lauren: donald trump highly anticipated speech set a new record last night for the longest national party convention acceptance address in over four decades. trump's speech clocked in at an hour and 15 minutes that is as much as mitt romney and bill clinton's speech combine. lea: talk about records. let's talk about the olympics, the head of brazil federal people says ten people have been arrested for planning terrorist attacks during olympic games in rio. they were linked to islamic state. they were said to be amateur without any plan preparation. this is worth mentioning that according to intelligence islamic state has been posting
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online ways to attack the game. lauren: let's take a look from the latest of the world of sports. the national basketball association is moving 2017 al-star game from time warner center arena, the move because of the nba objects to north carolina house bill 2 which limits antidiscrimination protections for lesbian, gay and transgender people in the state. this is what the nba said. quote, while rewe can nice nba cannot choose a law in every city, state and country in which we do business, we do not believe that we can successfully host festivities in charlotte in the climate created by hb2. the wbna has fined indiana fever, new york liberty and phoenix players for wearing black warm-up shirts. all three teams were fined $5,000, each player fine 5d $00 because the shirts violated the league's policy. wnba rules say that is uniform
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may not be altered in any way. u.s. open johnson has the share of lead after day one of canadian open. he's looking to extend streak of five consecutive top 10 on pga tour. johnson had event birdies and an eagle. lea: before you head out the door let's take a look at the friday forecast with fox meteorologist maria molina. good morning, maria. can you stop that heat coming our way, please, flip the switch or something? maria: unfortunately not. the heat to continue and even get worse in some areas across eastern u.s. here is a look at the forecast for today and what we are expecting in terms of your heat index values and this is a combination of hot temperatures and high humidity as well. you can see that the numbers are yet again very high. 110 is what it's going to feel in tul sea, oklahoma. 106 across the city. in raleigh, carolina it's going
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to feel 100-degrees. here is a look at saturday coming up. you could be at 97-degrees in dc, 96 in new york and you add humanity and will feel a lot hotter than that. even into monday as well. because of all of this heat we have a number of heat advisories in effect and heat warning, today they stretch across parts of louisiana and southern u.s. all the way to parts of minnesota, wisconsin, parts of mid atlantic and southwest also dealing with the heat. a large chunk of the nation looking at very high temperatures and another concern is that since we have a lot of heat humidity and system systems moving through they are going to be tapping into some of that energy and producing thunderstorms and means that we could be seeing potentially severe weather across northeast and parts of midwest and into the northern plains with damaging winds and isolated tornadoes possible.
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the threat continues across northern plains into order. let's head over to you. lea: all right, thank you, maria. lauren: coming up we are going to hand it over to mornings with maria live from cleveland. first let's check u.s. stock market futures on final day of the week the federal reserve meets next week. investors looking at that. dow futures up 21 points. they are barely higher on the week. not even a point. s&p futures gaining three, s&p futures gaining three, nasdaq futures up eight, all three up on the week visit legalzoom today for the legal help you need to start and run your business. legalzoom. legal help is here.
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lea: happy friday to all of you, thank you so much for joining us this morning. lauren: thank you, lea, we will go to cleveland and maria bartiromo will take you through the next couple of hours. >> live from the 2016 republican national convention in cleveland, ohio you're watching a special edition of mornings with maria. maria: good friday morning, everybody, i'm maria bartiromo, it is friday, july 22nd, we are coming to you live from the republican national convention in cleveland, ohio. your top stories right now at 6:00 a.m. on the east coast. it is official, donald trump formally accepting the republican's party nomination for president of the united states. >> friends delegates and fellow americans, i humbly and greatfully accept your nomination for the presidency of the un

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