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tv   FBN AM  FOX Business  October 13, 2016 5:00am-6:01am EDT

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lauren: making news this morning. the embattled ceo of wells fargo steps down in a sales handle but congress wants answers from the bank. i mourn simonetti. >> u.s. that rice is under pressure with the discipline report on chinese export. u.s. stock market futures ahead of the opening bell. dow futures down 103, s&p down 30 teen good >> chain effects returning stocks in asia with the nikkei in japan fell by .4%. the shanghai composite in china, the only other pair on the board today. nicole: crude oil prices drop in
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after opec says it hit its highest oil production in the least eight years. but down 20 cents at $49.95 a barrel. lauren: donald trump denied allegations of sexual assault and lashing out at the mainstream media for coverage of the litany mouse candle. the latest on this very spirit lauren: pittsford find in toronto. carquinez back in one washington redskins player pays the price for his protest of police shootings. we'll tell you all about it. lauren: 5:01 a.m. in new york. welcome to the en a.m. the latest breaking news and thd the united states is stuck enough its involvement in the civil war in yemen. a u.s. naval destroyer launched missile strikes at the radar strikes today.
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in response to a series of attempted to the missile attacks against warships in recent days. the first of hired by the u.s. again the long-running civil war. officials haven't said yet if there were any casualties. lauren: wells fargo ceo john dunn stepping down. retiring affect it immediately and you will not be receiving severance pay after wells fargo was fined $185 million over his sales practices. in place of the ninth of accounts about authorization to meet aggressive sales target. he was told about it by the senate aging committee last month. >> i accept full responsibility for all unethical sales practices in our retail banking business. and i am fully committed to fixing this issue, strengthening our culture and taking the necessary action to race your customers trust.
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lauren: wells fargo chief operating officer affect it immediately. fun and at the bank 29 years. elizabeth warren is reading about it. she says the bank ceo should not appeal to oversee a massive fraud and simply walk away to enjoy his millions in retirement he had an ohio senator sherrod brown says in part this is the statement. we're still waiting for answers as to how wells fargo plans to write a fifth round pick in his customary spirit treated donald trump denies the allegations that a test for women inappropriately and separate encounters. to have an interview within the times or the trunk campaign calling the article fiction. trump strongly criticizing the media saying they're not covering damaging information about the clinton campaign released by wikileaks.
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>> the department of justice sent information to the clinton campaign about the e-mail investigation. dishonest people, they don't talk about this. if i sneeze it's a major story. very little pickup by the dishonest media of incredible information. so dishonest break system. after e-mails from john podesta, peter burns has more from washing and good >> the latest jump of 1200 wikileaks e-mail scare this additional insights should fight bernie sanders early on in their caucus and primary battles on the issue of clinton and their
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ties to wall street. clinton's policy adviser portably wrote to announce either by us or that u.s. concerns that sanders can to whack her around on wall street and she's purely positive in reply. he responded we don't need to prove he's not on wall street. that's not credible. we need to prove we are okay. most of all we don't want to say. sullivan wrote back why is it not credible that he is really plants for wall street. another exchange from last year but close aide asked campaign chair john podesta whether the campaign is survived not taking questions from the press during the first part of her campaign. if she thinks we can get to labor day without taking price questions i think that suicidal. some mechanism to let this team out of the pressure cooker. donald trump charged the
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documents with honesty and disruption. the clinton campaign said it is not confirming the authenticity but is not denying. clinton spokesman brian fallon treating out the cyberattack on our campaign is a modern-day watergate. what did donald trump know and when did he know it appeared that to you in new york. lauren: e-mails between a senior clinton official in a democratic tank about catholics sparking an outcry from republicans. the most powerful elements of the conservative movement about catholics and they went on to say an american -- amazing bastardization. paul ryan issued this statement with christian evangelicals is staggering.
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lea: in boston a police officer in critical condition after engaged in a shootout. officers responded to a domestic disturbance call. the suspect was killed. one of the officer shot multiple times and is hospitalized in critical condition. another officer in stable condition. william adnan said he was domestic incident gone bad. >> they continue to engage in a kind exchange. at that time they were able to nature lies the object rouson was some sort of his own rifle, who also was neutralized. transit police have not identified the suspect was wounded officers at this point. lauren: we showed the video of a deadly plane crash in connecticut and now we have learned the crash appears to be suicide. investigators say the pilot was flying the plane when he became
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disgruntled about learning to fly that airplane. he was killed in a crash. his flight instructor survived and told them they longer wanted to either claim with the aircraft. your factory belonging to the defense contractor, there were concerns that this might've been an act of terrorism. that has been ruled out in the crash intentional. lea: hurricane matthew long gone to north carolina to do with the dangerous aftermath. at the left behind fighting force in to be called in. police and firefighters for residents in low lying areas took back a pivot the floodwaters surprised. meanwhile, hurricane nicole headed straight for bermuda. heavy wind and rain battering the island there. this term is a category for the national hurricane center called it extremely dangerous. lea: let's start a nation he has
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sought some of the session. the only out there again in a 10th of 1%. export data in china show that exports plunged almost 10% year-over-year but we also saw a surprise decline in imports to get the restoration not looking so good. the hang seng in hong kong down 1.6% and the cost in south korea down almost 1%. train to the weak data on imports and experts weighed on european markets. ftse in london 1046 in the dx and germany down 109. particularly in the u.s. when the federal reserve will hike interest rates and lots of cause and december which is after the election. with that and other factors that i was down 103 points in the premarket right now. the nasdaq giving it 29. we did have a mixed market of
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relatively muted trading. train to a 35 cents at $9.83 a barrel. 121590 tryouts. lauren: look at the headlines. the darker feature is a wider problem. the economic and regulatory environments are undermining bank's ability to make money as a name long-term resignation of wells fargo ceo john staub. they tell a darker story about the future of banking. america has taxed them has a downside. not that jobs. the technology resolution has delivered google searches, facebook friends. but it hasn't delivered as any jobs. 74,000 employees. about one third fewer than microsoft even though their
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value twice as big. america's dairy farmers are dumping 43 million talents of access milk. desperate farmers for the excess supply like adding more milk in the school lunches and revamping tacos, adding the cheese in them and real butter and tamils egg mcmuffin's. that's cool. it helps mcdonald's. lea: 27 days until the election and there's allegations of massive voter fraud in indiana. >> i want every voter in the state of indiana to know the vote they cast will be counted and it will be canceled out by someone committing fraud. lauren: will have the story. checking to a lack of features, the dow was down 98-point, s&p down 12. massive futures down by 28.
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you are watching "fbn:am," your first look at morning markets and breaking news. stay with us. ♪ what is success? is it a professor who never stops being a student? is it a caregiver determined to take care of her own? or is it a lifetime of work
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>> rescue, but what's happening now. united states retaliated against to the rebels of them in. missile strikes have three radar sites today. in response to a series of attempted missile attacks against american warships in recent days to strikes marked the state country and for shots fired by the u.s. by the ibm backed sub five. officials haven't said if there's any casualties at this point. the bank's chairman and ceo john stumpf has quit.
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he was under mounting pressure following accusations that they created 2 million unauthorized credit accounts. replacing stumpf will be president can sign. donald johnson eyeing numerous charges of sexual harassment. two women have come forward to say they were touched inappropriately. people magazine have also published stories from the trump campaign says there is no truth to any stories. u.s. stock market futures ahead of the opening bell. dow futures down by 99. nasdaq futures down 28. that's what's happening now. lauren: the commission on presidential debates announcing chris wallace, moderator of the final presidential debate less than one week from today has selected six topics are trump and debate national debt, immigration this to court foreign policy and fitness to be
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president will be held at the university of nevada in las vegas next week. tune in to fox business for special coverage of overnight team. it all starts at 6:00 p.m. with maria bartiromo followed by lou dobbs that 7:00 and neil cavuto from 8:00 to midnight. lea: getting people registered to vote has become a critical -- criminal matter. a massive investigation into alleged voter fraud in the hoosiers they. >> indiana state police raided the group. an investigation of alleged voter registration fraud to 56 counties. officials say plus addresses in this agreement or nation turned in by the group. the result for the secretary of state connie lawson could be that some voters will be disenfranchised. >> i'm worried about voter confidence in the system. i want every voter in the state
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of indiana to know that the vote they cast will be counted and it won't be canceled out by someone committing fraud. allegations after the scandal but took down the activist group that funded officers across the country with fake voter registrations turning with the 2008 presidential race. scores of workers were convicted or his sons serve jail time and shut down its voter registration efforts. the group suspected in indiana is actually run by the washington d.c.-based pastry at the georgia u.s.a. described as a check.org is having democratic liberal leanings. in a statement they blamed state officials saying in part to read this part of a partisan effort to bring the election by suppressing tens of thousands of african-americans to vote this november, an effort to deny african-americans the right to vote. the probe was not racially motivated. >> we do not ask the question every person is the kind of
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voter registration applications than we are not discriminating against voters. >> she says to be safe folder should register themselves. >> i would not use at this point intended third party to register to vote. i would do it myself. most groups doing these drives are doing the right thing but it's too close to the election to take a chance. >> the focus is on voter empowerment among other issues. this website is attacking the fence on the state's investigation. so the indiana governor asell as some entrance running mate. the annual "forbes" list of fred celebrity earnings. who tops the list? dead for nearly a decade.
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♪ surprising additions will tell you all about them. in toronto that could only mean one thing. hockey is back in one redskins player pays a price for his processor of police shootings. but fatah check u.s. stock index futures now. dow futures down over 100 now giving up 90 points. s&p down 12, nasdaq down 28. jobless claims and import prices. you are watching "fbn:am," your first look at morning markets and breaking news. ♪
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>> michael jackson delayed icon your pastor than two dozen thousand nine just named the highest earning dead celebrity of 2016 by ford's earnings $825 million. this is what happened earlier this year he sold half of the music publishing catalog for $718 million am not pushed into the top of the list. other celebrities who made the cut is charles scholz, number two with $48 million. arnold palmer who passed away just last month claimed the number three spot was $40 million rounding out the top five are elvis pressley with 27 million prints with 25 million. the late rock star david l. we
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also made list member elected $10.5 million. lea: a look at the latest from the world of sports. the national hockey league talking about making a first impression. austin mathis of the toronto maple leafs dazzled the home crowd with four goals making it the highest scoring debut in the nhl has great. the unprecedented performance made the appearance proud. matthews couldn't carry the vic jury. they lost 5-forged the senators. and baseball, the washington nationals on the shoulder against the dodgers in the deciding game five of the national league division series. the winner will face the chicago cubs for the championship. lea: the last time a baseball game on was when the senators did the new york giants the new york giants and in 1824 worlds series. and football the washington red skins is the latest player to
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send a message regarding their lease in string of police shootings. about two weeks ago jackson wore cleats with yellow caution tape painted on them. they fined $6000 for the uniformed violation. he expected to find but wanted to bring attention to gun violence. lauren: the latest on the campaign trail to my new allegations of assault and moshing out of the mainstream media for their coverage of the e-mails and a period >> these dishonest people don't talk about this. they don't talk about this. lauren: the embattled ceo of wells fargo steps down in the callous candle at the bank that congress is still looking for answers from wells fargo. even 100 to the downside for dow jones industrial average futures. you are watching "fbn:am."
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lauren: ds launches airstrikes in yemen again houthi for missiles fired at warships in the past five days. the latest on the situation. good morning, i'm martin simonetti. lea: and i am transfixed in for subs have been pretty embattled ceo of wells fargo steps down in a scandal. congress wants answers from the day. lauren: u.s. stock prices under pressure in china's exports. stock index futures done one or two. nasdaq down 30.
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trade to the drought hurting stocks in the nikkei index fell 131% in the shanghai composite in china hired by just under one 10th of 1%. >> oil prices below 50 bucks an oil after opec at its highest oil production levels in eight years. boiled down by half of 1%. $49.90 a barrel. >> donald trump deny not locations -- for their coverage of the e-mail scandal. we'll have the latest on that. this worked fine last night in toronto. one washington redskins player pays the price for his protest over police shootings. the caution on his sneakers here but will tell you more. 5:31 a.m. in new york. welcome to "fbn:am," the first
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circuit breaking records, what to expect for the day ahead. breaking news this morning. the united states retaliated in the civil war in yemen. a u.s. naval destroyer launched missile strikes at three radar sites today. and response to a series of attempted attacks against american warships in recent days marks the first shot fired at the u.s. against the iran backed by running civil war. officials have said if there were any casualties. >> wells fargo ceo john stepping down. the second-largest bank effective immediately and he will not be receiving severance pay. this comes after wells fargo was fined $185 million of the sales rack assist. that implies openness of accounts of that authorization to meet sales targets. stumpf was grilled last month. i accept full responsibility for
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all unethical sales says in our retail banking business. and i am fully committed to fixing this issue, strengthening our culture and taking the necessary actions to reese tore our customers trust. >> wells fargo chief operating officer tim sloan succeeding and ceo effective immediately. massachusetts senator elizabeth warren is trading at bank ceo should not be able to oversee a massive fraud and simply walk away to enjoy his millions in retirement. she wants the money back. sharad around, and ranking member of the banking committee saying we are still waiting for answers as to how wells fargo plans to right its wrongs against customers. wells fargo shares in the premarket at 1.2%. lea: now to the battles to the white house to donald trump
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denies allegations that a test for women inappropriately and separate encounters. two of them had a nephew. the trump campaign calling the articles section. trump strongly criticizing the media saying they are not covering the damaging information about the clinton campaign released by wikileaks. >> the department of justice, think of this, send information to the clinton campaign about the e-mail investigation. these dishonest people don't talk about this. they don't talk about this. if i sneeze -- if donald trump sneezes today at the major story. >> also treating very little pickup at the dishonest media than credible information provided by wikileaks is so dishonest rakes system. lea: learning more about the clinton campaign is wikileaks publishes a new trove of e-mails from john podesta appeared peter burns has more on that from
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washington. reporter: the latest above 1200 wikileaks, podesta e-mails davis additional insight about how the clinton campaign is trying to fight bernie sanders of their caucus and primary battles on the issue of quitman ties to wall street. clinton's policy advisor jake sullivan reportedly wrote to mandy grunwald that he was concerned sanders gets to wacker around on wall street. she is really positive to him in reply. we don't need to prove he's bad on wall street. that's not really credible. we need to prove we are okay. most of all we don't want this fight. sullivan wrote that bias is not credible that she is really down plans for wall street. another exchange permits last year, clinton's close aide, huma abedine asked john podesta whether the campaign could survive not taking questions from the press during the first part of her campaign.
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if she thinks it can get to labor day without taking press questions i think that's suicidal. we have to find a mechanism to let stream, meaning steam out of the pressure cooker. they show dishonesty and corruption in the clinton campaign said it is still not confirming authenticity of an e-mail that is not denying their authentic either. brian fallon tweeting out yesterday, the cyberattack on our campaign and the dnc as a modern-day watergate. what do donald trump know and when did he know it? lauren: clintons paid speech excerpts show her praising wall street. she said you're the smartest people. she also said many of you in this room are masters of the trendline. also, e-mails between a senior clinton official and democratic think tank about catholic sparking outcry from
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republicans. the e-mail said the most powerful elements of the conservative movement all-caps like and then went on to describe cap but position that's an amazing bastardization while house speaker paul ryan had to say the clinton campaign's disdain for the catholic faith and christian evangelicals is staggering. lea: meanwhile, trump supporters sparking controversy. >> what i grew up in. and now, i'm basically your standard redneck. lea: okay, former republican candidate ben carson fires back at clinton saying i don't think i'm a redneck. lauren: chris wallace, the moderator of the final presidential debate on when they have select the six topics.
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terms and clinton will debate the national debt, immigratisupt the supreme court, foreign policy and fitness to become president. the debate will be held at the university of nevada in las vegas on october 9th team. make sure to tune in for a very special coverage. it all starts at 6:00 p.m. with maria bartiromo followed by lou dobbs at 7:00 and neil cavuto from 8:00 p.m. all the way to midnight, wee hours of the morning. tree into a police officer in critical condition after engaging in a shootout last night. officers responded to a domestic servants: quickly came under fire. the suspect was killed. one of the officer shot at all times in his house is in critical condition. boston police commissioner william admin says it was a domestic incident on bad. >> the officers continued to engage in a gun exchange. at that time they were able to neutralize the subject are to
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some of assault rifle who also had on a ballistic vest at that time. he was neutralized. lauren: police have not identified the suspect or wounded officers. >> the deadly plane crash in connecticut appears to be suicide. the pilot was flying the plane when he allegedly became disgruntled about learning to fly that airplane. he was killed in the crash. his site and start your survived until investigators did not longer wanted to fly the plane and there is a struggle to regain control. because the crash happened near a factory belonging to the defense contractor, there were concerns this could've been an act of terrorism but that has been ruled out. >> north carolina dealing with its dangerous aftermath. massive flooding in parts of the state worse rescue helicopters to be forced to.
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police and firefighters order resident of low-lying areas to evacuate before the floodwaters arrived. meanwhile, hurricane nicole headed straight for bermuda having rain and wind battered the island. the category four and the hurricane center: it's extremely dangerous. we trade data in china really sending stocks down. the shanghai composite at the 10th of 1% of the nikkei in japan down .4%. the cost in south korea down and check out the hang seng in hong kong to 1.6% today. lea: weighing in on european stocks, here's a look at them. cac in paris down 48 atx and germany down 107. lea: the whole question of when the federal reserve hikes interest, your speakers down 92,
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nasdaq futures down 27. a template for investors. lea: here's a look at oil down 14 cents at $50.5 a barrel. gold is up by $6.40 at 1268 troy ounce. lauren: we've got minutes yesterday at the september fed meeting and they show officials are getting closer to hiking rates for the first time since last december. some officials believe that with the appropriate to raise interest rates relatively soon as the job market keeps improving. if you look at the futures, now a 69% chance that the fed hikes in december. we will see december 13th and 14th is the final meeting of the year. patrick corker of the federal reserve is going to sit down with a rare and exclusive interview with our own peter barnes 8:30 a.m. eastern today. you can check it out on "mornings with maria."
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lea: 27 days until the election and massive voter fraud in indiana. >> i won every voter in the state of indiana to know that that those that cast will be counted and it won't be canceled out by someone committing fraud. lea: will have that story. your stock ahead of the opening bell. all down arrows on the board as there is a lattice regulation about what will happen with interest rates. s&p down 11, nasdaq down 26. you are watching "fbn:am," your first look at morning markets and breaking news. stay with us. ♪
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lauren: 5:45 a.m. in new york hit the escape hybrid was happening right now. the united states retaliated against houthi revels in yemen. launched missile strikes at the raiders state. in response to a series that attend that missile attacks against american warships in recent days. these strikes marked the first shot fired at the u.s. against the iran backed who these. officials have not said if there were any casualties. stunning fall from the account in the wells fargo. chairman and ceo john stumpf has resigned -- retired.
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he was under mounting pressure after accusations he created 2 million unauthorized accounts. replacing center will be a big president and the 002 and. donald trump denied numerous new charges of sexual harassment. "the new york times" has two women have come forward to say they are touched inappropriately by trump. the palm beach coast in people magazine have published stories about what many say trumping fiscal advances on them. the trump campaign says there's no truth to any of the stories. and the markets checking in right now and features how they trade ahead of the opening out. the dallas out of 100. s&p futures up by 10. nasdaq giving up 25. arafat is the decline of 1%. that's a look at what's happening now. lea: getting people registered to vote has become a critical matter. a massive investigation into alleged voter fraud in this day.
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>> indiana state police raided the group. in an investigation of alleged voter registration fraud that is grown to 56 counties. officials say they discovered phony names, false addresses and misleading information on the applications turned in by the group. the result of indiana secretary of state connie lawson could be that some voters will be disenfranchised. >> i'm worried about voter confidence. i want every voter to know that the vote they cast will be counted and it won't be can't let out by someone committing fraud. >> allegations to an acorn. the activist group at election offices across the country this fake voter registrations charting with the 2008 presidential race. scores of acorn workers were convicted. some serve jail time in a quite shut down its voter registration efforts. the group suspected in indiana is run by the washington
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d.c.-based pastry at the georgia u.s.a. described his fact check.org is having democratic liberal leanings. in a statement, its president lands aid officials saying in part the raid as part of a partisan effort to rig the election by suppressing the rights of tens of thousands of africans americans to vote this november, an effort to deny 45,000 african-americans the right to vote. the probe is not racially motivated. >> we do not ask a question of resources to the other voter registration applications and we are not discriminating against others. >> to be safe, voter should register themselves. >> i would not use at this point in time a third-party to register to vote. most people are groups that are doing these voter registration drives are doing the right thing but it's too close to take a chance. >> it is nonpartisan and focuses on voter empowerment among other issues. this website is attacking mike
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pence on the state's investigation. still the indiana governor as well as donald chance running mate. >> the annual "forbes" list of dead celebrity earnings. here is a clue. he's been dead for nearly a decade. ♪ there were some surprising additions to the list. think golf. professor fine last night in toronto. one washington redskins player pays the price for his protest of a police shootings. you are watching "fbn:am," your first look at morning markets and breaking news. thursday morning. almost 5:50 a.m. on the east coast.
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is is is
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♪ lea: michael jackson kang at
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playback time to does the name was not hired thugs celebrity bias towards earning $825 million. earlier this year jackson path of the sony publishing catalog sold for $750 million, pushing them to the top of the list. other celebs who made the cut are charles schultz at number two with 48 million, g-golf veteran arnold palmer who passed away last month claimed the number three spot with 40 million rounding out the top of her music top five or a music legend elvis presley for 27 million imprints of 25 million. the late rock star david kelley made the list at number 11 with $10.5 million. a look now at the latest in sports. the national hockey league are talking about making a first impression. dazzling the home crowd netting four goals in a high-scoring
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debut in nhl history. pratchett unprecedented performance. they hugged, kissed in the stands. matthews couldn't carry his team unfortunately to the jury. they still lost 5-for. and baseball, the washington nationals on the shoulders. he'll pitch in the deciding game five of the division's series. the winner will face the chicago cubs. the last time a baseball team in washington won a postseason series has been the senators beat the new york giants back in 1924 in the world series then. the washington red skins in the latest player to send a message with police shootings across the country. about two weeks ago with yellow caution tape painted on them. the nfl fined him $6000 for the uniform violation.
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he expected to find that wanted to bring attention to gun violence anyway. lauren: starbucks is serving a new and unusual train. a combination of coffee and. it's called the espresso club apa and the contest is a shot of espresso wit starbucks recommends throwing the shot into the. i don't think are the first on server do this. will be featured on starbucks evening menu with a few locations across the country. lauren: pouring shots into. for recess or bartenders. lea: brilliant idea. lauren: coming up on this with maria. dow futures down an even 100. you are watching "fbn:am".
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help us keep it. >> thanks for joining us this morning. lauren: we are going to hand it over to mornings with maria. we say good morning, to you, maria bartiromo. maria: we are geared up for a big show. thanks for being with us. i'm maria bartiromo, it is october 13th. top stories 1:00 a.m. on the east coast. breaking news overnight.
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u.s. military strikes back with cruise missile attacks in yemen. we've got the latest coming up. on to the campaign trail. chaos there. donald trump is threatening to sue after new allegations this morning in new york times. leaked emails show campaign chief asked her to equal, quote, needy latinos, yesterday trump and clinton on the attack. >> not only women that he has disrespected, he's insulted practically everybody. >> the hillary clinton documents, have you been seeing what's going on, released by wikileaks make more clear than ever just how much is at stake in november. the election of hillary clinton would lead in my opinion to the almost total destruction of our country as we know it.

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