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tv   FBN AM  FOX Business  January 4, 2017 5:00am-6:01am EST

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trade to me in welcoming president upon the heads to capitol hill for their meeting with democrats. they will discuss ways to preserve part. mike pence will also be on the this morning where he will talk with house republicans about their plans to dismantle up on the care. the senate is due to debate the budget resolution this week with the house were expected to follow next week. former house in human services kathleen sebelius will discuss the future of obamacare this
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morning 7:30 a.m. eastern time on "mornings with maria." >> house republicans on efforts to get an independent ethics board after plotting by donald trump. peter burns. >> house republicans got trip to that an ethics controversy in the first day of the new congress has part of the new congress house considers a package of rules for how it will consider legislation and conduct of members. house republicans had included in the package a probation to eliminate an office of congressional ethics which congress created in 2000 after various escape those. authors can send anonymous tips onto a separate house at knicks committee for review and possible action. critics said the often said the office datatypes can include
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specious and untrue information about members is not conform with due process under the law, but supporters say eliminating it doesn't help to drain the swamp in washington as president-elect trump had promised voters. in fact, mr. trump treated yesterday morning with all that congress has to work on coming today really have to make the weakening of the independent ethics watchdog as unfair as it might be their number one fact in priority? focus on tax reform to health care in so many other things of far greater importance. republicans called an emergency meeting yesterday and pulled the provision on the ethics office. after he was sworn in, house speaker paul ryan did not comment on the controversy, but did say republicans had a once-in-a-lifetime opportunity to change things in washington with unified government thanks to the voters who supported
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mr. trout. >> now we come in their elected representatives must listen. i want to say to the american people, we hear you. we will do right by you and we will do that for her. >> house democratic leader nancy pelosi and her remarks say that democrats will reach common ground with republicans when they can, but will stand our ground whenever in good conscience we must be at back to you in new york. lauren: peter barnes commits any mac. nicole: president-elect donald trump may be ready to lead the securities and exchange commission. jay clayton at a leading candidate for sec chairman and an announcement could come as soon as today. a partner at sullivan and cromwell where he also worked at the 2014 public offering of alibaba.
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a former federal prosecutor also represented wall street bank before she became a regulator. >> president-elect continues on his administration with over two weeks from now. adam shapiro has the latest. >> good morning, nicole. the year started with his latest nomination. that would be proper at eight hey sarah. you will become the next u.s. trade representative. this is a child with which he is familiar. like mr. served in the bush administration as a deputy u.s. trade representative and he's negotiated more than two dozen bilateral agreement on everything from steel to green. he is also a trump supporter in favor of a tougher posture with countries like china and mexico appeared speaking of mexico, the
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latest week targeted general motors in its operation south of the border. general motors is sending mixed and made model of chevy crews to u.s. car dealers tax-free across the border. general motors responded saying that the crews is built at its worst start in fact korea and ohio and that the chevy crews hatchback which is exported to foreign countries from mexico only a few were sentenced the united states. part of the days events outside trump tower. the president-elect is back in new york awaiting more information about his potential nominees to fill the administration. back to you. lauren: adam, thank you. nicole: trump told a news conference june 11th in new york city. his first formal meeting since he was a hit in november. >> we are also learning exxonmobil has the word in
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ex-ceo rex taylor said 180 million retirement package as the company breaks ties with trump's nominee for secretary of state. two months after losing the election, hillary clinton will attempt all trump's inauguration in january 20th along with bill clinton. farmer president george w. bush and jimmy carter also plays to be there. >> the president-elect takes office in less than three weeks but it's already got the american auto industry right there on its heels. for it now says is scrapping plans to build a plant in mexico and instead adding 700 jobs in michigan after repeated releases them from the president-elect as mark fields tells fox businesses neil cavuto that the move was in part a vote of confidence in trout. >> one of the factors we are looking at is a more positive
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u.s. manufacturing business environment under a president-elect trump in the progress policies that he said he's going to pursue. so this is a vote of confidence. >> trump also set his sights on for his rival, general motors threatening to impose the big order tax on a chevy crews model from below the border. gm says just the hatchback version -- it are mexico and 4500 were sold in the night dates last year. one president says the number amounts to less than a day about the at its ohio plant which he says is not equipped to build the car. >> donald trump raising questions about the intelligence agencies. the intelligence briefing on so-called russian hacking was today until friday. perhaps more time needed to build a case? very strange. intelligence officials said the briefing had always been scheduled for friday.
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over the weekend, trump told reporters he knew things that other people don't know about the alleged hacking and he said more information would he forthcoming this week. nicole: precise search of the japan's nikkei backing to put a percent. first of all the first day of trading in japan. shanghai composite of three quarters of 1%. korea's high-speed sticks a gain of almost one 10th of 1%. hong kong's hang seng down fractionally. nicole: in europe and the banking stocks higher for the third day in a row. the ftse and include down almost two points. cac in paris that not even a point in the dax down a team. very narrow trading. >> stocks in a bull market from last february lows. japan not to make it a one year high it a one-year high in my dell approaching 20,000. 120 is the way. dow futures looking at 20 points. s&p futures up for.
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nasdaq futures update and key jobs report friday. >> oil is a big story yesterday because beside a $55 a barrel before settling back. right now it gave .9%. the u.s. dollar is very strong today as well. gold of $5. $11.66 announced. nicole: they took a hit after the company announced a fall short of the sales goal for 2016. 22,200 vehicles during the october through december period. that's an increase a year earlier but it was not enough to reach his sales target of 80,000. castle blamed some of the shortfall and challenge a sitting partnership into autopilot programs. the stock lost 2% after hours.
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lauren: legco revealing its latest building to a in las vegas.legco boosts. simple motors and sensors while teaching the basics of programming to kids age seven and up. these are in vegas after also the system connects to an android or a tablet now. the $160 set expected to hit shelves later this year. liz claman will cover from las vegas thursday and friday. be sure to tune in for that. nicole: so cool. deadly storms sweep through the south leaving a path of destruction. >> it was peeled off like a tin can. if with it off. nicole: janice dean is next. stay with us. brother dominic sir. nice work brother dominic, very nice. thank you. now we just need 500 more...
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lauren: good morning. wednesday, 5:15 a.m. the republican-controlled congress is easier entrée and eager to start repealing major portions president thomas helped a lot. gop leaders signaled dismantling up will be a top priority. president obama scheduled to meet with congressional democrats to discuss strategies for saving upon the care. a prominent wall street lawyer said to be the leading candidate to head the securities and exchange commission. trample named jay clayton to the post. great as a partner is sold by matt worked on the ipo alibaba
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in 2014. we are keeping a keen eye on shares of tesla. the stock down 2% in extended trading. the carmaker said it did mrs. sales goal last year. it then production problems. the sealed the rest of the market is doing this wednesday morning. second trading day of the new year. dow futures are higher by 30.2 we still have 120 left to go. some of the headline at is today's edition of "the wall street journal." corporate earnings this year expected to send stop prices higher. donald trump's election also coincides with the improvement in corporate america's returned to earnings growth. fidelity embracing would've once avoided. exchange traded funds. abigail johnson has resisted et
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because of the potential cost of that profit the changes in the industry have forced her to rethink that strategy. finally, companies suffer when they ignore their older employees. that is according to a news daddy at workplaces that are less friendly to the older workers are at their engagement track as became less dedicated, less energized. lauren: makes sense. the crowd is a controversial world and the celtics win over the utah jazz and in hockey the columbus blue jacket are one win away from an nhl record. we will have the highlights. ♪ a mom at the age of 50.
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stock market futures once again because the dow 20,000 still up 32 points. you are watching "fbn:am," your first look at morning markets and breaking news. ♪
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i've spent my life planting a size-six, non-slip shoe into that door. on this side, i want my customers to relax and enjoy themselves. but these days it's phones before forks. they want wifi out here. but behind that door, i need a private connection for my business. wifi pro from comcast business. public wifi for your customers. private wifi for your business. strong and secure. good for a door. and a network. comcast business. built for security. built for business.
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hey, drop a beat.flix? ♪ show me orange is the new black ♪ ♪ wait, no, bloodline ♪ how about bojack, luke cage ♪ oh, dj tanner maybe show me lilyhammer ♪ ♪ stranger things, marseille, the fall ♪ ♪ in the same place as my basketball? ♪ ♪ narcos, fearless, cooked ♪ the crown, marco polo, lost and found ♪ ♪ grace and frankie, hemlock grove, season one of...! ♪ show me house of cards. finally, you can now find all of netflix in the same place as all your other entertainment. on xfinity x1. ♪ lauren: janet jackson rallied
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janet jackson to ladies janet jackson rallied his agenda meant as a mom at the age of 50. the popstar welcoming her first child, it's a boy. her representative said janet had a stress-free holiday delivery and is resting comfortably. her husband is a 42-year-old businessman. they married in 2012. nicole: congratulations to them. the latest on the world of sports. stealing the show again with the second quarter against the utah jazz. the south except for third quarter. he fakes up a defender on his way to the basket and ends up with 29 points. the jab and they go on to win next-line. san antonio spurs with the toronto raptors stealing a ring that 31st quarter backed one down from the top get theater he does it again and it outside. two possessions later he gets another to follow.
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tony parker goes behind to get the past but can't elaborate. he kicks at with leonard had 21 points in the first half. they go on to win it big time. turning to hockey. the columbus blue jackets looking for their 16th straight win. the first. and the blue jacket gaining line. again, on the power play, william is down for the lead. third period, oilers tried to clear and sports, the blue jackets are now one win away from tying the pain with winning streak. lauren: cleveland browns avoided going politically when this is
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sickening. the team still felt the need to apologize to fans. the owner sent a letter to season ticket holders sang and they understand how tough this season has been. this is the latter. clearly this season has been a painful part of our building process. you certainly deserve better than a 115 team. we are sorry that our results have not been better. the prospect of their first win of the season in week 15 to avoid joining the 2008 detroit lions as the only team in nfl history to go zero for 16. physical recovery offers under way in the south of the united states after they did kill the six people. meanwhile, extreme cold returning to many parts of our country and powerful strides in the last big senior meteorologist janice dean is live and the fox weather center this morning with your wednesday forecast. what are you looking at?
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>> we are looking at cold. the polar express is here again. it is minus 14 in fargo, told the chicago, 13 in kansas city, 33 in dallas. factor in the wins, what it feels like in a dangerous wind chill. current temperatures you can see, but look how cold it is that those wins. minus 185 minus 30 where the danger lies. the cold is going to be here for the next couple of days at the veryast. the pinks here below zero. the blue is below freezing and you can see it dips can see it dips as far south as permitting deep south and i could be a setup for events in southern snow friday into saturday. watching that very carefully. he mentioned the west. we see a lot of rain, a lot is now. but anything for the west into a drought situation. too much of a good and could lead to flooding problems and awful travel conditions.
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that will be ongoing. the west was three inches of rain impede upon feet of snow gray for the ski resorts. again, this could cause flooding concerns. that is something we'll have to watch over the next couple days. >> some snow for the catskills. lauren: i love to watch the south freak out about snow. that's my favorite thing. republicans deliver on their day one promise ever purely nobody care. >> this is what i understand. if you like your health care you can keep it. they are up an average $4300. lauren: the latest in the battle to dismantle health care plan. donald trump to build a plant to mexico and general motors defending his operations in mexico. we'll have the latest. but shay assad panic sutures are doing. the dow up 28. s&p up four, nasdaq up a period
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you are watching "fbn:am," your first look at morning markets and breaking news. ♪
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nicole: breaking news this morning. a showdown over about my care with its live on their promise to dismantle the health care plan. good morning. i am trained for. nicole: good morning. i'm nicole petallides. close the nasa guys. 60 pints of the 20,000 mark yesterday before pol pot. let's check in on your stock market futures this morning ahead of the opening bell. coming up 29 points. s&p futures zuckerberg. lauren: japanese investors returning from a holiday in a buying mood with the nikkei up 2.5%. in china shanghai composite. nicole: oil prices falling for the third straight session. turn the air around up 22 cents.
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lauren: yields on the 10 year treasury fell back below 2.5%. nicole: donald trump reportedly ready to make his pick for the top couple of wall street. we will tell you who may be getting the job ahead. lauren: the president elect keeping the automakers on his site slamming general motors for sending jobs to mexico and halting a new factory there. lauren: shares of tesla falling after the company missed its own production or cats. nicole: the boston celtics take the win over the utah jazz and in hockey the columbus blue jackets just one win away from an nhl record. we will have the story. nicole: good morning. 5:41 a.m. we welcome you to "fbn:am," your first look at morning markets and breaking news. lauren: we kick it off with this
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breaking news. the republican-controlled congress wasting no time in getting to work on donald trump's promise to dismantle obamacare in the the first is the new session. republicans introduced a resolution to his repealing the 2010 health care law. >> this is what i understand. if you like your health care you can keep it. you can't. he said premiums would go down. they are $4300. nicole: president above the heads to capitol hill for a prayer meeting. they will discuss ways to preserve parts of the affordable care act. vice president elect mike pence will also be on the hill this morning. he will talk to house republicans about their plans to dismantle up on my care. the senate is due to debate the resolution this week with the house expected to follow next week. we do have a programming note. health and human services secretary cap sensibility is will discuss the complicated future of obamacare. 7:30 a.m. eastern on "mornings with maria."
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trained to house republicans on average to get an independent ethics board after some prodding by president-elect donald trump. more now from peter barnes. reporter: house republicans got tripped up in an ethics controversy in the first is the new new congress as part of the new congress. the house considers a package of rules for how it will consider legislation and covering conduct of members. house republicans on eight included in the rules package information to eliminate a semi-independent office of congressional ethics which congress created in 2008 after various ethics scandals. the office can send anonymous tips on two separate house ethics committee of for review and possible actions. critics say that these tips can include specious and untrue information about members does not conform with due process under the law.
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supporters of the authors say eliminating it doesn't help to drain the swamp in washington as president-elect trump had promised voters he facts, mr. trump cheated yesterday joining with all that congress has to work on, do they really have to make the weakening of the independent ethics watchdog as unfair as it may be their number one acting priority? focus on tax reform, health care and so many other things of far greater importance. republicans scrambling. they called an emergency meeting yesterday and pulled the provision on the ethics office. after he was sworn in, house speaker paul ryan did not comment on the controversy, they did say that republicans had a once-in-a-lifetime opportunity to change things in washington with unified government thanks to the voters who supported mr. tribe.
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the >> now we come that their elected representatives must listen. i want to say to the american people, and we hear here. we will do right by you and we will do it there. reporter: house democratic leader nancy pelosi and harry marks said democrats will try to reach common ground with republicans when they can, but will stand our ground whenever in good conscience we must. back to you in new york. >> president-elect donald trump may be able to lead the securities and exchange commission. jay clayton is the leading candidate for fcc chairman annan announced that could come as soon as today. clayton is a partner at sullivan and cromwell burger worked on the 2014 initial public offering at alibaba. he would succeed sec chairwoman mary joe white and federal prosecutor who represented wall street banks before she too became a regulator.
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he's going to join other trump appointees with wall street ties including stephen many chin, gary cohen and wilbur roche. >> alien as an wall street in the cabinet. president elect continues to work on filling the administration and not ration day just over two weeks away. adam shapiro has the very latest. >> good morning, brian. good morning, the poll. the year started with his latest nomination. that would be robert slate has there. he is nominating to the next u.s. trade representative. this is a job with what she is familiar. white house are served in the bush administration as a deputy u.s. trade representative and he's negotiated more than two dozen bilateral agreements on everything from steel to green. he is also a trump supporter and gave her a tougher posture with countries like china and mexico.
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and speaking of mexico, targeted general motors and its operation in the country south of the border. the president-elect tweeting general motors suspended executive model of chevy cruised to u.s. car dealers tax-free across border making u.s.a. pay big border tax. general motors responded saying that chevy crew sedan is though that is forced on or in ohio and the chevy cruised hatchback which is exported to foreign countries for mexico, only a few are sent into the united states. that was part of today's events outside trump tower. the president is a is awaiting more information about his potential nominees to fill the administration. back to you. lauren: trump has announced it will the long-awaited news conference in new york city. this would be his first formal meeting since the election.
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nicole: also running exxonmobil has awarded farmers edo rex tillerson to $180 million packages the company breaks financial ties with nominee for secretary of state. finally, two months after losing the election, hillary clinton will attend donald trump's inauguration along with her husband, former president bill clinton. former president george w. bush, also jimmy carter will all be there. lauren: isn't that nice. donald trump takes office less than -- three weeks from now. garrity got the america not a windy america not a windy street on his heels was a stunning reversal. ford says is scrapping plans to build the plant in mexico and instead adding 700 jobs in michigan after repeated criticism from charm. ford ceo mark fields telling neil cavuto that move in part as
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a vote of confidence in trump. >> one of the factors there that do not have a more positive manufacturing business environment under the progress policies that he said he's going to pursue and this is a vote of confidence. >> make america work again. trump sending examinations largest automaker, general motors threatening to oppose the quote big order tax on a chevy cruised model imported from mexico. gm defending itself. just the hatchback version are shipped from mexico at only 4500 were sold in the u.s. last year. one local uaw president said that less than a day of output at gm so i upland or she says is an equipped to build the hatchback anyway. nicole: charles manson is reportedly seriously ill. manson was rushed to an emergency room in bakersfield, california with gastrointestinal
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problems. manson is not 82 years old and has been serving nine months ended to at the state prison for the killing of actress sharon tate and six others during a bloody rampage in the los angeles area and that was in the summer of 1969. prosecutors say man-to-man has followers were trying to incite a race or that believes was behind those on helter-skelter. lauren: global market action overnight. the nikkei in japan surging 2.5% on a weaker yen. manufacturers and exporters like honda and toyota, even to qaeda up substantially today. the cost in south korea and the hang seng in hong kong to attend the 1%. trade to toshiba has come under pressure. a mixed bag very small today. the london ftse for actually higher. the cac downloader admitted to
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send it to do a show with the momentum of the economy and the eurozone was the best in five years. here in the u.s. we are doing better by 32 points. s&p up for common aspect of time. the start of january looks like november and december in terms to what's lacking with consumer utilities. >> oil down three sessions in a low. the up arrow up 10 cents at 5242. gold which has been on fire the last six trading sessions is gaining again at 11668 troy ounce. >> this year could bring the highest gasoline prices. prices have risen more than 20 cents a gallon since thanksgiving. it does say prices have more room to go up even more. drivers could fork over $52 billion more at the pump
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than they did last year. the key reason behind all this is opec's decision to cut oil production. nicole: coming up, deadly storms sweep through the south leaving a path of destruction. >> it was like a tin can. i mean, erected off. it is terrible. nicole: it is terrible. bullet the arrest of the week a ton of jobs reports. earnings this week. right now dow futures up 29. you are watching transcendent. we will see you ride on the other side of this break. stay with us. ♪ the long brown path before me leading wherever i choose. the east and the west are mine. the north and the south are mine.
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all seems beautiful to me. i mess around in the garage. i want to pay more to file my taxes. i want my tax software to charge me at the last second. paying $60 to file my taxes was the highlight of my day. and you just saw footage of me flipping burgers. want to charge me extra to itemize my deductions? no problem. want to i literally haveto itetoo much money.ons? said no one ever. file for free with credit karma tax. free to start, free to finish. creditkarma.com/tax. a big tax company needs that $50 way more than me.
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nicole: good morning. 5:45 a.m. in new york or the thief caught up on what's happening now. the republican-controlled congress to major portions of the health care law. gop leaders have signaled that dismantling it will be a top priority and president obama is scheduled scheduled to meet today with congressional democrats to discuss strategy for seizing upon the care. a prominent wall street lawyer is set to be the leading candidate to head securities and exchange commission. sources say president-elect john bull named jay clayton as a partner with them in cromwell where he also works on the 2014 initial public offering of
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alibaba. we are keeping a close eye on tesla shares of the stock lost 2% after the electric car maker said it missed its 20 sales fall by nearly 4000. it blames production problems. u.s. stock market futures this morning gained over 100 points yesterday. a pretty good move in three weeks. right now dow futures at 28. s&p up to eight and we have the consumer electronic show starting tomorrow and jobs on friday. lauren: auto sales today in minutes from the fed's last meeting. let's take a look at the headlines in today's edition of "the wall street journal." a recovery in corporate earnings expected to send stocks higher. much of the rally has spinach every day to donald trump's election but it also coincides with the fundamental improvement in corporate america's return to earnings growth. fidelity is embracing what it once avoided. exchange traded funds, etf.
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abigail johnson has resisted etf because of the potential cost of selling low profit margin products but changes in the money management industry has forced her to rethink the strategy. finally, companies suffer when they ignore their older employees. a new study finds older were hers engagement dropped somewhere faces that are less friendly to them. nicole: coming up in sports, the boston celtics take the wind and in hockey, the blue jackets are one win away from an nhl record. we will have that story. and then there is this. ♪ oh yeah, janet jackson as janet jackson as a mom at the age of 50. we will tell you all about that. stock market futures, i'll let arrows. europe has been mixed.
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dow futures now 28. s&p futures up three. you are watching "fbn:am," your first look at morning markets and breaking news. ♪ introducing conduent. one of the largest business process companies in the world. whether it's in health care, customer care, technology, transportation or government. we touch millions of lives every day. conduent. advancing the everyday.
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i've spent my life planting a size-six, non-slip shoe into that door. on this side, i want my customers to relax and enjoy themselves. but these days it's phones before forks. they want wifi out here. but behind that door, i need a private connection for my business. wifi pro from comcast business. public wifi for your customers. private wifi for your business. strong and secure. good for a door. and a network. comcast business. built for security. built for business.
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hey, drop a beat.flix? ♪ show me orange is the new black ♪ ♪ wait, no, bloodline ♪ how about bojack, luke cage ♪ oh, dj tanner maybe show me lilyhammer ♪ ♪ stranger things, marseille, the fall ♪ ♪ in the same place as my basketball? ♪ ♪ narcos, fearless, cooked ♪ the crown, marco polo, lost and found ♪ ♪ grace and frankie, hemlock grove, season one of...! ♪ show me house of cards. finally, you can now find all of netflix in the same place as all your other entertainment. on xfinity x1. ♪ nicole: to fitzgerald popstar
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welcoming her very first child. it is a boy. the representative issued a statement saying janet had a stress-free holiday delivery and is resting comfortably. her husband is a 42-year-old qatari businessman or the cup was married in 2012. congratulations to both of them. lauren: the latest in sports. boston celtics failed to show up in second quarter against the utah jazz. celtics up for. third-quarter shakes up the defender on his way to the basket. he also teaches a career-high 15 assists record are now. the celtics go on to win 115-104. san antonio spurs host the truce. thirty-first quarter's seed knocks one down the top. later another to fall. up 17.
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taking order. he takes it to my three again. 21 points in the first half. the blue jackets looking for their 16th straight win. the edmonton oilers. the first pair of blue jackets on power play. scores the 18th goal of the year. the second. game tied at one. on the power play when carlson down on one knee fires was named for the late. oilers trying to clear that intercepts the score. columbus went 3-1 and the blue jackets are one win away from tying the pain with all-time winning streak at 17. nicole: here is a story not about winning streak to cleveland browns avoided going winless this season the team felt the need to apologize to his fans.
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the owner sent a letter to season ticket holders saying they understand how tough this season has been. clearly this season has been a painful part of our building process. you deserve the best in me says they deserve better than a one in 15. the browns picked up their first win of the season in week 15 to avoid joining the two guys in a detroit lions as the only team in nfl history to go zero to 16. difficult recovery still underway after monday's deadly storms killed at least six people. meanwhile, extreme cold returning to many parts of the nation and powerful storms hitting the west. janice dean lives in the weather center with the forecast very good morning. >> good morning. let's take a look at your gauge because it has gotten quite cold. 27 degrees difference in chicago.
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24 degrees come you get the picture. there are your current temperatures below zero. teens and 20s and 30s. see where the cold air continues to sink southward and that could set us up for some southern snow as we get into friday and saturday. across the southeast in each be watching your local forecast to get this out. current windchill makes it dangerous. across the northern plains. upper midwest and the great lakes will continuously go through the next couple days. the really dangerous wind chill. make sure your pets are inside. the storm still kind of lingering. see sand lake effects now and some snow and ice across northern new england region. things are unsettled. we call this an atmospheric river. this setup is all of the moisture that has a tropical connection going to move into the west.
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we have been into a five-year drought. however, much of the good think of the two concerns and feet of snow. back to you. nicole: atmospheric river. reporter: atmospheric river. that's right. lauren: thank you, janice. train to you if you ever wish you are child to lego creations could come to life come you're closer to that. at the consumer electronic show in las vegas, we got a glimpse from yesterday. simple motors and sensors for teaching the basics of programming kids age seven and up, and some assembly is required. the psychos are after all the system that connects to an android for ios tablet get $160 said expected to hit the shelves later this year. would've been a a good one for the holidays. liz claman will cover thursday and friday.
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tune into that. i'd like those and so much more. we will hand it over to "mornings with maria." that grows along with you and your family. legalzoom. legal help is here.
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