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tv   FBN AM  FOX Business  January 12, 2017 5:00am-6:01am EST

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finally, you can now find all of netflix in the same place as all your other entertainment. on xfinity x1. tree into breaking news this morning. a busy night capitol hill as the senate takes the first step towards repealing obamacare in the house passes a sweeping bill to reform the abusive u.s. regulations. good morning. i am nicole petallides. >> good morning to you and to you. donald trump holds its first news conference and is president like he does not disappoint. we will have his reaction. in the markets donald trump's comments about the drug company weighs on stocks races. the data did manage to gain 100 points. u.s. stock market futures this morning. down arrows above 50 points away
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from dow 20,000. the key now 45 for dow futures. s&p futures than seven. lea: the nikkei falling over 1% in china the shanghai composite also innings below are appeared drained to oil prices rose 10 prices rose 3% cutting back on production in the chinese economy improving. although 52.52 a barrel. lea: yields drifted lower by 2.3%. facebook says it's not a media company that gears up for new journalism project anyway. we will tell you all about that. lea: and sports, are the san diego chargers heading to los angeles? we may find out the answer in a few filipina quarterback had you make some money? nicole: good morning. 5:01 a.m. we welcome you to "fbn:am," your first look at morning markets and breaking news.
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we welcome you can't train six. lea: good to see you. the republican-controlled senate took the first step towards dismantling present upon this health care law. the nonbinding measure to set up a process didn't come quickly or say why they oppose it. >> miscount well. >> debate is not allowed during adult. >> you are taking health care from republicans did i vote no. >> on behalf of the 1.2 million americans to remove health insurance. >> the senate will be in order. >> i vote no. >> the senate will be in order. >> is time to repeal and replace obamacare. >> as a traveler on the state of wyoming, i hear from hard-working folks who've lost their insurance coverage that they like and work for them and their families. we will help those hurt by obamacare.
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we will also ensure people with serious medical conditions receive the care they need. nicole: democratic senator bernie sanders will need 30 million people will lose their health insurance. >> how many of those 30 million people are going to die? what is your plan to cover them plus a 28 million people who left no health insurance. how are you going to the international embarrassment of the united states be a nail g country on earth not to guarantee health care to all people? they don't have a plan. train to the measure didn't go to the house tomorrow. they are concerned about starting a real process of obamacare without a better idea they plan to replace it. donald trump said yesterday of repeal and replace in the law should happen simultaneously and republicans in the house passed a sweeping bill to reform what they say are abusive federal
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regulations. lea: donald trump going before the news media at the week to go before taking office. we had a great news conference at trump tower today. a couple of fake news organizations were there, and that the people truly get what going on. more now from connell mcshane. reporter: good morning, nicole. donald trump has his first news conference in six months behind him and this one was a doozy as mr. trump for the first time said rational likely was indeed find the hacking of the democratic national committee, but he denied indolence certain terms that the russians somehow it seemed compromising information about him. then he went off to the news organizations reporting on it. >> as far as penn state, the feeling pile of garbage, i think they will suffer the consequences. they are dr.
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sra cnn going out of their way to build it. >> president-elect. >> no, not you. >> can you give us a chance? you are attacking a news organization. reporter: one other big issue addressed by mr. trump is the talk about putting assets in a trust rather than selling them off completely and giving control of the business to his adult son, john junior and eric. the vote. the votes associated with outcome in the business will not be involved in many foreign deals in the profit made it trump hotels and foreign government officials stay at the hotels. that will be donated to the u.s. treasury. nicole, back to you guys. lea: thank you it got heated yesterday. josh earnest responded to trump's criticism of the intelligence community and leaders. >> i think it is deeply misguided for anybody at any
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level to question the integrity and motives at the patriots who serve in our intelligence community. doesn't mean they are always right, but questioning their motives is another thing altogether. lea: trump spoke with james clapper yesterday about media reports of the last friday's intelligence briefing. in a statement, clapper discussed his dismay about the briefing but added he does not believe they came from the intelligence community. lea: me.or david shelton to become secretary of veteran affairs. true to what is going to be a busy day on capitol hill. more confirmation hearing set for cabinet nominees will hear from general james mattis who was nominated for defense secretary along with mike pompeo, the choice for cia director and brad carson has been nominated for secretary of housing and urban development
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philosophy of knoxville for questioning. >> russia just one of the topics of the senate confirmation hearing. peter berg has the latest. -- with questions about whether he'll have conflicts as secretary of state is working with or against russia. >> i have no reservations about my clean break with my private set life. it is a wonderful 41.5 years. with different responsibilities, my love of country and patriotism is going to dave and i said no one's interest no one's interest in advancing our national security. >> the u.s. needs to move russia from being an adversary lot of the time to be in a at times.
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the russian sanctions until the new administration develops approach to russia. on the russian hacks of u.s. e-mails during the election, rex tillerson said it is a fair assumption that russian president putin was aware of this aware of those efforts. back to you in new york. lea: thank you, peter. train to the obama administration to launch a formal complaint with china against the world trade organization. "the wall street journal" reporting they expected to accuse china of funneling artificially cheap loans from state-run banks to chinese aluminum producers of mma production biz. the move comes after donald trump said the trade imbalance with a shame in a news conference yesterday. >> president-elect aalto does not shy about his love of deals but what love of just the buddies you make of the proposed megamerger of bear and monsanto.
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our own charlie gasper reno making a case for approval. jobs to be created at the 66th dollars still were approved. come skeptical of megamergers include at&t's planned purchase of time warner. he has yet to weigh in on agricultural deals. lea: u.s. authorities bringing criminal charges against executives in the admissions cheating scandal. announcing this indictment, but rather lash laid out what she called an elaborate scheme to commit fraud and cover it up. >> hundreds of thousands of cars that volkswagen sold in the united states are pumping illegal levels of nitrogen oxide into our atmosphere. to be clear, volkswagen new of these problems and regulators expressed concern, volkswagen obfuscated image at night and ultimately life. train to one the executives charged with florida last week
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of the five others including head of engine development are believed to be in germany making prosecution difficult if not impossible unless they surrender or travel outside of germany. authorities say more charges may be coming. they claim is 40 employees knew about the admission scheme and were involved in destroying the evidence. let's get you caught up a global market action overnight in asia. down arrows on the board. shanghai composite and down 1.5%. u.k. and japan just 1%. the cost be hired by about half a percent. >> the hong kong hang seng up five straight days. the london ftse down one quarter of 1%. the 10 state record close the german dax down half of 1% in here at home so that the health-related stocks are coming under pressure there as well.
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lea: let the u.s. stock market futures. s&p followed back, seven points by 13. i know i keep saying it, oil right now 27 cents. >> facebook has been under criticism for fakeness on the network and to combat bad what it calls a new journalism project gave facebook says the goal is to forge stronger ties with news organizations to facebook will trade journalists how to search this site to research and report news. it will also help the public identify unreliable news sources which the public needs to be aware of. nicole: delta airlines tops our list of stocks you should be watching. the museum are the next hours. checking out u.s. stock market
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futures this morning. counters across the board down about one quarter of 1%. it's worth noting the nasdaq has its fifth straight record close and this record straight that we are seen from the longest since december of 1999. "fbn:am" will be right back. ♪ introducing conduent. one of the largest business process companies in the world. whether it's in health care, customer care, technology, transportation or government.
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>> 5:15 a.m. in new york. let's get caught up on what's happening right now. lawmakers up to the wee hour of the morning as the senate took the first step towards dismantling president a promise health law. by 5148 along party lines from the senate set in motion to repeal about medicare. measures due to go to the house tomorrow. the busy round of confirmation hearing will grow representative mike pompeo of kansas. he's donald kansas. he's donald trumps nominate to run central intelligence agency. we also expect to hear from james mattis has been nominated to be the next defense secretary.
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the secretary of housing and urban development will be a medal for questioning and face the kaizen failed but it's called a new journalism project. the goal is to work closely with news organizations picked facebook will have a research and report news and will help the public identify unreliable news sources. checking u.s. stock market futures ahead of the opening bell, down arrows on the board lowered by 45 points. nasdaq lower by 14 and that is what's happening now. nicole: here's a look at today's headlines in "the wall street journal." the empire is being questioned about defective bribery investigation and south korea. the move draws the biggest and most powerful business group deeper into an unfolding political scandal that has led to the impeachment of south korea's president. bank earnings will need to live up to some lofty expectations. the band have weathered years of billions of dollars in science
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and regulatory rules. the challenge is to live up to high end rotations and we will hear from several banks tomorrow. finally this coming museum expansion looks to create a buzz over bugs. the american museum of new york is hoping that insects will be the first detailed plan for a $340 million expansion that will have the next that exhibit and classroom devoted to bugs. nicole: delta airlines to keep a close eye on today while watching for this carrier. for u.s. airlines this morning. felt is expected to post lower earnings per share for delta airlines at 10% from last year at this time. shares rising 2.5% after the home builders said fourth-quarter revenue climbed.
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weakness in the financial services segment was a drag on its profit. i.t. research company with worldwide pc shipments down 3.7%. the fifth consecutive annual decline. the nobel remains the top pc vendor with 20% of the market. amazon facing the heat with the indian government. the foreign minister demanding an apology for selling some doormats. depicting the indian side. they did not stop selling those doormats. they removed the products being sold through its canadian website. coming up in sports, are the san diego chargers heading north?
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we may find out today. if your quarterback in the nfl, johnny mandel at the scheme. rescue workers used both in fire trucks to evacuate presidents. >> i shut it of course and then we all got out through the window. nicole: devastating floods. we will have the heroic stories. u.s. stock market futures ahead of the opening bell. s&p falling seven lower by 14. you are watching "fbn:am," your first look at morning markets and breaking news. stay with us. ♪
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nicole: a later start to look in the world of sports. hosting the grey said the first quarter in transition. [-left-bracket passing goes off for the basket. he drives has the ball knocked away. they can't sue granted it's a huge file. one of 3-95. after going awol monday night game he apologized to his teammates. moments later a nice move into 14-13. should the fourth quarter gets inside for the layoffs. since he's down 1-1.
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the next era ball from the three from the corner and sixers rebound the court. three seconds left. pgm accommodates the ball on the left side and makes a new. 98-97. the excitement as the teammates all mobbed him. look at those moves. turn into football, after 20 years los angeles will soon have to pay the san diego chargers reportedly make the 100-mile drive north. the los angeles second franchise team. they'll moved from st. louis to last year. and in the 55-yard day in san diego.
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i am from san diego is sad to see you go. speaking of football, former nfl quarterback is going to the super bowl but not the way he imagined. reports say he'll be in houston next month to sign autographs and if you are interested, and the signature will set you back $99. the first round. he has been out of football since the browns cut him and has been dubbed by illegal travel. dozens of people from their flooded homes after a series of powerful storms across the region. janice dean live in the fax whether senator richter thursday forecast. reporter: good morning, ladies. a big storm will come across the
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central u.s. and part of the energy coming from the west where they receive adequate amounts of rain and over 100 inches of snow at the storm system. lucy ran across the coast and in higher elevations. the tail end of the event things will start to dry out. more rain for southern california and nothing like the ethics that we received over the last boundary said. why share over writing that and that's going to give this potential for a big ice storm cut anywhere from texas to the ohio river valley. across the plains you need to pay close attention to your local forecast and will continue to keep on it from the fox news weather center. back to you.
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nicole: the senate making a late-night move to dismantle obamacare while donald trump says they will vote to repeal and replace the controversial health plan quickly. >> obamacare is the democrats problem. we are going to take the problem off the shelves. >> stay with us. we will be right back.
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i'm one unlucky guy. the chance of being involved in a robbery is 1 in 757. the chances of being struck by lightning... [thunder] [coughs] 1 in 750,000. [ding] woman on p.a.: please fasten your seatbelts for unexpected turbulence. announcer: the chances of being a victim in an airline crash, 1 in 29 million. hey could i get some peanuts? the chances of being involved in a car crash are far greater than lightning strikes and plane crashes. and if you are texting while driving,
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your risk of crash increases 23 times. now, i may be an unlucky guy, but i don't have to be part of that statistic, and neither do you. drive responsibly. lea: breaking news this morning that the senate takes the first hipsters circulate obamacare and a half passes a sweeping bill to require u.s. regulations. good morning. i am transfixed and for lauren simonetti. nicole: good morning. i am nicole petallides. the first news conference as president-elect and he does not disappoint. the latest industry fan reaction. donald trump's comments live on stock prices which did the day and came back with the dow did manage to gain 100 points in the
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s&p added second highest close in history. u.s. stock market history is across the opening bell. nasdaq lower grade 12. stronger japanese currency could help the exports. the shanghai composite index also ended slightly lower. oil prices rose 3% yesterday on signs opec countries are cutting production in the chinese economy improving. will higher by 20 cents at $52.63 a barrel. drifting lower now, 2.32%. facebook says it's not a media company that cares after a journalism project. we'll tell you about it. and for his come diego chargers heading to los angeles. how do you make some good money?
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lea: at 5:31 a.m. here in new york on thursday, january 12. welcome to "fbn:am," your first look at morning markets and breaking news. nice to see you. lawmakers burned the midnight oil on capitol hill as republican senate took the first step towards dismantling health care law. the nonbinding measure to set up a process. they stated why they opposed it. >> this is not -- >> health care from americans >> the senate will be in order -- >> -- allowed to remove health insurance >> the senate will be in order. debate is not allowed during vote period train to john barrasso says it's time to repeal and replace obamacare.
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>> as they travel around the state of wyoming, a year from hard-working folks who lost their insurance coverage that they like and work for them and their families. we are going to help those hurt by obamacare. we will also ensure people with serious medical conditions receive the care they need. >> democratic senator bernie sanders forming the repeal of the affordable care at all made up to 30 million people will lose their health insurance. >> how many of those 30 million people are going to die? plus the other 28 million people who have no health insurance. how are you going to end the international embarrassment that the united states being the elderly major country on earth not to guarantee health care to all people? they don't have a plan. >> the measure due to go to the house tomorrow but some republicans are concerned about starting a better idea to replace it.
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repealing under place in the law should have been essentially simultaneously. republicans in the house passed a sweeping bill to reform what they say are abusive federal regulations. nicole: president-elect donald trump going before the news media is just over a week to go before taking office. a couple of news organizations were there. what do people truly get what's going on? more now from connell mcshane. reporter: good morning, nicole. a week now until the inoculation. donald trump has his first news conference in six months behind in the misaligned was a doozy. the first time the hacking of the democratic national committee. he denied in no uncertain terms reports that are out there that the russians somehow obtain compromising information. then he went after the news organizations reporting on it.
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>> as far as a state, which is a failing pilot or a bridge, writing that, i think they will suffer the consequences. they already are. as far as cnn going out of their way to build it up. >> no, not you. >> you are attacking our news organization. can you give us a chance to ask a question. >> quiet. reporter: one issue addressed by the future of his business and his assets in a trust rather than selling off completely and his adult sons don junior and mary. the business will not be involved in any foreign deals and the profit made trump hotels and foreign government officials stay at hotels had that will be donated to the u.s. treasury. the column layout, back to you guys. lea: thank you. josh earnest responding to
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trump's criticism of the intelligence community and leaders. >> i think it is deeply misguided for anybody at any level to question the integrity and motives of the patriots who serve in our intelligence committee. doesn't mean they're always right. questioning their motives is another thing altogether. >> trump spoke with james clapper yesterday about media reports about last friday's intelligence briefing. he expressed his dismay over leaks about the briefing but added he does not believe they came from the intelligence community. trump also naming dr. david show up in president obama to be secretary of veterans affairs. >> another busy day on capitol hill for donald trump's cabinet nominees.
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expecting from james mattis for defense that returns with mike pompeo ben carson for secretary of housing will also be unhealthy for punishment. >> one of the topics that came up for secretary of state. peter barnes has the very latest. >> rex tillerson this diplomat but forceful when he was at exxonmobil and with questions about whether he'll have any conflicts as secretary of state and working with or against russia. >> i have no reservations about my clean break with my private sector life. i'm extraordinarily proud of it. now i'm moving to a different responsibility. my love of country and my patriotism is going to take
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day-to-day surveillance interest but that is the american people advancing our national security. >> the u.s. needs to the fresh from being an adversary a lot of the times to being a partner at times. he also said important to keep status: russian sanctions until they develop its approach to russia. the russian hacks of u.s. computers and democratic e-mails during the election, it is a fair assumption that russian president vladimir putin was aware of those efforts. back to you in new york. lea: thank you, peter. the obama administration expected to lodge a formal complaint against china at the world trade organization. "the wall street journal" reported the complaint is the fact that to use china fund that artificially cheap loans fairbanks giving them a production does spread the news comes after the trade routes with beijing in a news conference yesterday. donald trump is not shy about his love of deals.
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what does he make of the fire and monsanto? are rogue charlie i rode charlie gasparino reports via ezra trump tower yesterday making their case for approval. they reportedly touted the u.s. jobs that would be created if it was approved. trump has been skeptical of some megamergers including at&t's planned purchase of time warner. he has yet to buy and agricultural deals. nicole: u.s. authorities against six top volkswagen executives. announcing the indictment and a vibrant scheme now to commit fraud and cover it up. >> hundreds of thousands of cars the volkswagen in the united states were pumping illegal levels of nitrogen oxide into our atmosphere. to be clear, volkswagen new of these problems and regulators
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expressed concern, volkswagen obfuscated, denied and ultimately life. >> we're talking 600,000 cars. 40 times what was allowed. one of the executive charge was arrested in florida last week it five others including engine development are believed to be in germany making prosecution difficult if not impossible unless they surrender or travel outside germany. authorities say more charges may be coming. the claim for the employees knew about the emissions about the omission schemas were involved in destroying the evidence. nicole: the global market action overnight we did see some selling in asia. across the board the nikkei down 1.1% in japan. the shanghai composite index and half of 1%. hong kong hang seng after recent surge higher down half of 1%. the only thinking was korea's coffee up half of 1%. let's look at stocks in europe.
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the ftse in london down by 10%. the dax and germany down by 46. tranter were at or near records. the nasdaq at its best record close in on the s&p. the dow futures are down 40. s&p futures on seven-page morrisville bank earnings including jpmorgan, p. is the also a lot of sense because well. higher by 40 cents at $52.55 a barrel. facebook under heavy criticism for allowing fake news on its network to combat some of that come the company has unveiled the products. the goal is to forge stronger ties with news organizations and well-trained journalist has searched the site to research
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and report news. they have unreliable news sources. coming up, something unusual at the detroit auto show. the hydrogen powered truck for the military. >> they offer the opportunity to drive very quietly. it is electric motor so it is very high torque of a very good for off-road capabilities. nicole: now a part of everything. why would anyone pay $2000 only in new york. checking u.s. stock futures ended the opening bell. dow futures slid by 38, nasdaq lower by 12. you are watching "fbn:am," your first look at morning markets and breaking news. stay with us. ♪ the east and the west are mine.
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the north and the south are mine. all seems beautiful to me.
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>> 5:45 a.m. in new york. lawmakers were up to the wee hours of the morning as the republican-controlled senate took the first step towards dismantling president obama's health care law. 51-48. the senate stopped in motion the process to repeal about medicare. the measure due to go to the house tomorrow. republicans in the house passed a sweeping bill to reform what they say are abusive federal regulations. another busy run of confirmation hearings that intelligence committee will ask mike pompeo
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chan says and he's donald trump's nominate to run central intelligence agency. west expect to hear from james mattis was nominated to be the next defense secretary. they will also be on the held for questioning. facebook has unveiled the new journalism project. they were close with news organizations and trained journalists have searched the site to research news will also help the public to identify the unreliable news sources. let's check in on u.s. stock market futures. dow futures down 42, and nasdaq down 12. lee about that happening now. the u.s. army general motors to have to make a vehicle that delivers near silent operation
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with extreme off-road capability. the 2017th detroit auto show with details. they have absolutely taken over the auto industry. dozens of cold ones on display at the detroit auto show that you can go out and buy it today. it cannot the list in the u.s. army. this is the chevy colorado hydrogen powered vehicle designed for sale and covert operations. with named kevin syntax of the tank army research and development. the covert special forces. tell me about this. feel so i'll let her car without any noise. >> the opportunity to drive very quietly. electric motors are high torque off-road capability.
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the acoustic and thermal signatures are something we are interested in this vehicle should provide the soldiers very stealth operations. >> the season and a concept you will put through hard-core field testing. >> will be taking deliveries in april and we will have it for 12 months. having the guys driving the vehicle and what they didn't like and didn't like and how it helps them perform their job better. >> you'll still have to get the hydrogen to their vehicles. is that something you thought about yet for and develop all you test this? >> will be holding hydrogen workshop in january. we'll discuss how to handle it in battlefield or logistically
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the vehicle can be refilled very quickly and three to five minutes. >> they'll be tested over the next year or so. i like that. thank you, gary. in sports, san diego chargers heading north? we'll find out today. and if you fail at being an nfl quarterback, how do you make some dough? some dramatic refuge. they evacuate dozens of northern california residents. >> it's wet, nasty, debris and water coming over the road. nicole: will have their heroic story. you are watching "fbn:am." see you in a few.
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lea: welcome back to top of the morning to you. here comes russell westbrook an offender hosting the grizzlies for a transition. westbrook goes off. westbrook checking out the defense.
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it comes to german grant you guys the file. 103-95 and westbrook with the 18th triple-double. and if a call after 20 years of professional teams los angeles will soon have to pay the san diego chargers reportedly make the 100-mile drive north in orange county at the los angeles area second nfl franchise. expected to make the announcement today that will join the los angeles reins to move from st. louis last year to relocation and the chargers 55 year stay in san diego. former nfl quarterback johnny manziel going to the super bowl but not the way he imagined. reporters say healed via in houston to autographs and malls. if you are interested, you can have $50.
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the first-round pick in 2014 for $98 million for the cleveland browns but it's been out of football since the browns cut in december 2015 and has been dogged by legal trouble. dozens of people rescued from their flooded homes in northern california after a series of powerful storms dumped heavy rain and more rain expected today. senior meteorologist janis ian is live in the fog of others enter with your thursday forecast. treat me the bad news is they will be dealing with an ice storm. this is the main reason why we are going to see potential for ice. the next 48-72 hours. gold rushers streaming in on top of the cold air. freezing at the surface and not
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is why we are in danger the significant ice storm. we are still going to see a little bit of leftover rain and snow but not the epic snow totals we've seen. 10 feet of snow over a foot of rain fell. this'll be better news for the west. some of that energy going in here. the frontal boundary here, moisture lifting over the cold air and falling through that freezing layer. the ohio river valley to the north east, people need to be on alert and significant to travel across these areas. back to you. only in new york, is this piece are really worth $2000? we will hand it over to "mornings with maria." much more coming up. now we just need 500 more... translated into 35 languages, personalized oh and shared across the 7 continents.
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maria: thank you so much happy thursday everybody thanks so much, good morning welcome i am maria bartiromo thursday, january 12 top stories 6:00 a.m. on the east coast, the past path to repealing obamacare on tap senate republicans took first major step to dismantle the legislation ahead of the vote president-elect donald trump is giving details on the timeline to replace it in his news conference yesterday. >> it will be repealed and replace. it will be essentially simultaneously. it will be various you understand most likely on the same day or same week but probably the same day could be the same hour. so we are going to do repeal and playoff very complicated stuff. >> director of national sensationalization james clapper trying to smooth things over the president-elect spoke with

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