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tv   FBN AM  FOX Business  April 18, 2017 5:00am-6:01am EDT

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lou: that's it for us tonight. tomorrow night we are joined by general jack keane. randy evans among our guests. we hope you will join us as you tree into breaking news this morning. vice president mike pence arrested japan for the second organization torque reassuring japanese leaders the u.s. will stand up against north korea. the vice president holding a news conference at the last hour. good morning, everybody. and lauren simonetti appeared trained to good morning. i am nicole petallides. we will take a look. lauren: the dow shooting up 183 points yesterday. dow futures to a 32 points. nasdaq futures down basics. nicole: japanese stocks edge higher predicted cap one third
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of 1%. the shanghai composite index down three quarters of 1%. lauren: shares of netflix open at record highs after the latest earnings report. those details for you. nicole: this morning and two more big tanks reporting to goldman sachs and bank of america to report results. lauren: playoff fever for basketball and hockey fans. and hockey that toronto maple leafs and the washington capitals in overtime. nicole: 5:01 a.m. in new york. tuesday, april the 10th. it is tax day. welcome to "fbn:am," your first look at morning markets and breaking news. lauren: mike pence a share in the u.s. will work closely with its allies to deal with north korea. the vice president had a meeting with the prime minister after arriving in tokyo from seoul later today. >> all options are on the table, president trump is determined to
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work closely with japan, south korea, all our allies in the region in a peaceable resolution and denuclearization of korean peninsula. nicole: the vice president holding economic talks with japan as the white house seeks to attract infrastructure investment. >> today, and deputy prime minister and i have the ability to launch the economic dialogue. this dialogue represents united states and japan with an opportunity to deepen our bilateral economic ties and foster jobs, prosperity and growth on both sides of the atlantic. nicole: japan is the fourth largest trading partner of the united states. tokyo has $69 billion trade surplus with the u.s. last year. lauren: president trump to sign an executive order today while
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visiting to make changes to the nations were present program. the executive order is strength in requirement that american-made products be used in certain federal infrastructure projects. adam shapiro at the white house with more. >> good morning, brian. good morning, nicole appeared president trump will leave for kenosha, wisconsin where he will sign an executive order heralding a muscular new policy protect an american workers. the buy american, higher american executive order is designed to the playing field for american workers competing with foreigners holding work visas. the president will speak with employees about its jobs in economic policy. the new executive order will require taxpayer-funded construction and manufacturing to use american-made goods whenever possible and crack down on waivers issued to foreign companies. the president's foreign policy and tough stance against north
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korea also continue to capture headlines. vice president penn says the era strategic patience has come to an end in president trump speaking to inflate their heart had this to say. >> i don't want to tell them what i'm doing or thinking. i'm not like other administration that they were going to do this in four weeks. doesn't work this way. i hope things work out well. i hope is going to be peace. they been talking as a settlement for lunch time. reporter: it has begun a review of the nuclear weapons capability, a procedure called a nuclear posture review. the last one was done in 2010. president trump ordered this one in january. it's expected to be completed by the end of the year. back to you. lauren: item shapiro, thank you. lauren: nationwide manhunt underway as authorities offering $50,000 reward for capture steve stevens ,-com,-com ma
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37-year-old man suspected of killing a retiree in cleveland, ohio on sunday and posted a video of the crime and face the. >> with interviews several people involved in this. i don't think there's any rhyme or reason for it happening. i don't think there's anything we can point to specifically to say this is what sparked this. only steve knows that. hopefully we can find him soon and we'll find out exactly what he did this. lauren: facebook has launched a review for reporting harmful content after this case to more closely monitor violent. about two hours after he posted that video. we know we need to do better. some critics call for facebook to shut down facebook life. >> voters in georgia had to e polls to fill the seat formerly held at topre o is now president trump's health and
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human services secretary. the 30-year-old staffer is the leading democratic candidate. democrats have pumped millions into the primary with help from hollywood which is a major source of support for hillary clinton sailed presidential bid. he will put a run off in june if he gets 50% of the vote or more. the primary has 18 candidates. republicans held their feet since newt gingrich wanted back in 1978. lauren: a black hawk helicopter crashed in a maryland killing one crew member and injuring two others. >> we saw the helicopter and when we realized he was out of control and just within another couple seconds when down. lauren: the u.s. army says it went down during a routine training flight yesterday paid the cost of the crash is under investigation. nicole: lithia caught up in the
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global market action after a paris hearing this day. the biggest gain for the data since march 1st. then again the cost they both gain right now the hong kong hang seng down 1.3% in shanghai composite index down three quarters of 1%. lauren: the ftse in london is down almost 1%. we see a similar percentage decline for the cac in paris. it is down by over a quarter of 1%.
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>> good morning. at 15:00 a.m. in new york. vice president mike pence in japan today for talks at the white house will open doors for u.s. goods and attract infrastructure investment. looming large over that they said are the tensions with north korea. parents reassuring prime minister abe that the u.s. is committed to japan's security. president i'm planning to sign an executive order that seeks to make changes to the visa program that brings in high skilled workers. trump will be in wisconsin to send the order dubbed by american, higher american.
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the white house says the program by bringing in cheaper labor and says that companies are using it to hire large numbers of workers and drive down wages. and netflix that could hit a record high today. shares reached an all-time high in extended trading that the video streaming company says it on the verge of topping 100 million. watch for a new high today. u.s. stock market futures after the dow gained 180 yesterday. some optimism about earnings this week certainly down there is a death which is down 44, s.b. features 45:00 p.m. the trump administration august deadline for tax reform appears to be off the table. treasury secretary steve mnuchin says it is impressive. they met what is your timeline attacks upon an tax cuts he spoken so much about? >> look at this time by august.
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we are focused on an aggressive timeline. tranter maria bartiromo reporting insiders say they are pushing back the august deadline. bryan brandenburg, chair of the program at the king's college. and number one item that voters said they wanted. one of the recent stock had hit record highs is pushing back the deadline a problem? >> it is a problem and it is a problem because the administration has promised a look at this time. the plan is going to be out in a few weeks back we will have something big here. time and again we see delays and so it's not surprising that businesses, investors and voters simply dissecting, what are they going to get done? is it going to happen at all? >> that's the key because there is this tepid feeling and health care back on the table because they need the money from the health care bill in order to implement the tax-cut.
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>> that's what they're saying. not exactly te that -- clear that's true. it asserted th had scratcher now. health care is out. they said they would go to texas. now they bring health care back in and people say where you going? how are you going to get health care. what's the new plan, the new strategy. i think that's why you see markets going back and forth right now. what is going to happen? >> president trump told the "financial times" the gop could complete tax reform without the controversial border adjustment tax paid is that possible? >> you may be likely. there's a lot of position. they passed the house and senate. i don't see how it's going to get through the senate winner of six republican senators segued not interested in this great border adjustment is not going to be in the final bill. the longer this drags out, the more likely of any tax-cut, not tax reform which means it's not
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just in the show, which means they will have to send that in 10 years. that's the price you pay to get something done to notch a win for the president and his administration. >> if you take away the controversial border tax which is one way to go, how about a value added tax or have you raised money to buy the ticket is in place? >> the problem is when you make this deficit show, you're talking about tax increases in some parts of the tax code. republicans didn't run on cutting your taxes. it's unlikely they will find a way to replace the revenue here. more likely they will say it's not revenue neutral. we are going to cut taxes. at the end of the day, we want job creation and economic growth. they're just not as concerned about deficits and debts at this point. th the republicans will go.
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transfer the tax cutoming in 2017? >> i don't know why you think that's going to be the case. it will happen in 28 team but i don't see any indication something is coming together. the big public brainstorming debate. i'm not optimistic about 2017. the chair of the program here in the city in the market is waiting with bated breath. nicole: coming up, and in sports it is playoff fever for basketball and hockey fans. lebron james with the cleveland cavaliers to the tree. toronto maple leafs toronto maple leafs with toronto maple leafs with the capitals in overtime. we'll have all the highlights for you. cooler weather and rain headed right here to the northeast. fox meteorologist adam klotz as
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your forecast. you are watching "fbn:am," your first look at morning markets and breaking news. ♪ bp developed new, industry-leading software to monitor drilling operations in real-time, so our engineers can solve problems with the most precise data at their fingertips. because safety is never being satisfied. and always working to be better.
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nicole: time now for sport spirit cleveland cavaliers needed a b another late game rally by the indiana pacers. as many as 18 points in the third quarter. another fact to go, indiana cutting into the lead. miles turner just over two minutes left. lebron james makes the running floater and finishes at 25-point. time running out. he ends up all of the on the
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endowment makes the easy layup. cleveland cavaliers win and take it to-0 lead in the period book in about two games against the memphis grizzlies. tony parker puts down the corner three and goes way up 17. memphis starts to lose its cool end up frustrated vince carter gets the technical. the players had to be separated. the grizzlies down big at the half. memphis would get within five, but they just can't overcome the 37-point. the series now is to-hero. capitals and maple leaves up to- 0. second period, william nylander's first up is that the goalie. it's his own rebound and snaps into the net that the game is tied to three and goes right into overtime. toronto wastes little time.
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he two to one series advantage. the yankees looking to extend their winning streak to eight against the white sox. matt holliday blasted a home run to deep center. the yankees have 3-0. erin judge hit a two-run bomb to left center. it goes on to win that one side and-4. lauren: vice president mike pence device in japan for the second leg of his asian tour assuring the u.s. will stand up to north k. >> mr. president himself with they let me be clear, to your prime minister and all the people of japan, we are with you 100%. nicole: lauren: shares of netflix to open at a new high despite
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slowdown in asia growth. you are watching "fbn:am," your first look at morning markets and breaking news. ♪
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nicole: breaking us this morning. )-right-paren to record in japan for the second leg of his asian tour reassuring japanese figures the united states to stand up against north korea. holden is competent in the last hour. lauren: good morning, everybody. i am lauren simonetti. donald trump has to the hetland for his by american can hire american plan. nicole: u.s. talks on upcoming earnings for the dow shooting up 183 points. u.s. stock market futures to the downside accelerated over the last 10 minutes or so down 50 or
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dow futures. s&p down six. nicole: then he taken in a 31%. and china's shanghai composite losing .8%. trade t-shirts of netflix to open a record high after its latest earnings report. we will have details. lauren: we will hear from to buy big tanks are goldman sachs and bank of america due to report their latest quarterly results. nicole: the playoff for the basketball and hockey fans trip abroad james leads the cleveland cavaliers to victory and hockey the toronto maple leafs done the washington capitals in overtime. we will have all the highlights for you. lauren: 5:31 a.m. in new york. tuesday, april 18th, tax day. welcome to "fbn:am," your first look at morning markets and breaking news. we hope you got your tax return and are filing today. train to ensure you have until midnight. plenty of time. vice president ipad fisher in
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japan the u.s. will work closely with its allies to deal with north korea. the vice president had a meeting with japan's prime minister shortly after arriving in tokyo from seoul earlier today. >> while all options are on the table, president trump did determine to work closely with japan, south korea, all our allies in the region and with china to obtain peaceable resolution in the deep nuclear nation of peninsula. nicole: the vice president will do and economic talks with japan as the white house seeks to attract infrastructure investment. >> today coming deputy prime minister aso and i have the authority to launch the dialogue with an opportunity to deepen our bilateral economic ties and faster jobs, prosperity and growth on both sides of the atlantic. >> japan is the fourth largest
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in the united states. took her to $69 billion trade surplus with the u.s. last year. nicole: president trump to signing an executive order while visiting wisconsin today. that would make changes to the nation's work visa program. the executive order was strengthened requirements that american-made products be used in certain federal construction projects. adam schapiro at the white house with more. reporter: good morning, lauren. good morning, nicole. president trump only for kenosha, wisconsin, where he will sign an executive order heralding but the administration causing muscular new policy protecting american workers. the buy american can hire american executive order is designed to level the playing field for american workers competing with foreigners holding with mises. the president will speak with employees that kenosha-based snap on tools about us jobs and economic policy.
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the new executive order will require taxpayer-funded construction and manufacturing to use american-made goods whenever possible and crack down on waivers issued to foreign companies. the president's foreign policy and foreign policy and tough stance with north korea also continue to capture headlines. vice president penn says the era of strategic patience has come to an end and president trump's aching to fox news anchor and fully airheart had this to say. >> i am not like other administrations where they say we are going to do ts in four weeks. it doesn't work that way. we wl see wh happens. i hope things work out well. i hope there's going to be peace. they've been talking with this gentleman a long time. reporter: it has begun to be with the nuclear weapons capability, a procedure called a nuclear posture review. the last one done in 2010. president trump ordered this one in january. it's expected to be completed by the end of the year.
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back to you. trade to adam schapiro, washington, thanks. >> a manhunt underway as authorities operate $50,000 reward for the capture of steve stevens, the 37-year-old man did is going to to retire in cleveland ohio and a day. posted the crime on facebook. >> several people involved in this and i don't think there's any rhyme or reason for it happening. there isn't anything we can point to specifically to say this is what sparked this. only steve knows that. hopefully we can find him soon and we get to talk to him and find out why he did this. nicole: meanwhile facebook has launched a review for reporting harmful content after this case the average over the failure to more closely monitor violent i.c.e. platform. facebook disabled students
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account about two hours after he posted the video and face looks as we know we need to do better. some critics are calling for face to shut down facebook live. transfer "the wall street journal" found 60 episodes of the violent content on facebook live. voters in georgia had to the polls today to fill the seat formerly held by tom price is now health and human services secretary, the dirty road former capitol hill staffer is the leading democraticandidate. democrats have pumped millions of dollarsnto the primarwith help from hollywood which is also a major source of support for hillary clinton failed presidential bid. aso will get 50% of the vote or more. 18 candidates. republican since newt gingrich wanted back in 1978. nicole: a black hawk helicopter crash in on a golf course in maryland killing one crew member
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and injuring two others. >> we saw the third and when we realized it was out of control and in another couple of seconds it just went down. >> the black hawk went down during a routine training flight yesterday. the cause of the crash is under investigation. tranter than nation's newest justice wasting no time getting to work in the supreme court debut. neil gorsuch among the most active participants in the first public session fired public session firing off questions as they listened to through oral argument, something described as unusual for a corporate key. just a gorsuch will hear his first major case concerning the separation of church and state. trade to the global market action overnight. the dow gained 180-point did the nikkei and kospi to back kospi to thank you because sydney can japan up one third of 1%.
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chris kospi of one 10th of 1%. hong kong hang seng down 1.3% of the shanghai composite index down three quarters of 1%. already in europe. stocks are down 70.1 didn't. down 63 in paris, looking at the cac and the extent of the seven points today. earnings drive the market. harley davidson, morgan stanley, american express to name a few over the next 48 hours. dow futures down 63. s&p down three. lauren: commodities trader lawyer. 52.30 berlin pulled down 12.88 at troy ounce. nicole: checking out the dollar. you're rather have been higher against the dollar but the japanese yen seeking higher and a stronger against the u.s. dollar that the u.k. time in mexican peso and canadian dollar are weaker. lauren: the yield on the treasury keeps falling 2.3% right now.
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nicole: shares of netflix took been at a record high today. the stock had not time high after the video streaming company forecast 3.2 million more subscribers in the current quarter, easily beating the estimate. netflix also expected to top 100 million subscribers to save. the company made the prediction when it released its first-quarter results. 35% from a year ago. the 2.6 then dollars. finally, good news for united airlines. her squirter earnings better than expect it. earnings of 41 cents a share better than 38 cents. revenue of eight-point -- the united ceo oscar munoz is the earnings report to issue another apology to customers and investors passenger dragged up the airplane. he said it's obvious for residents. says that we need to do a much better job serving our customers. a lot of people said too little too late. the initial reaction wiped out
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about $255 million from united's market value. united was up almost 1% after hours yesterday and we'll watch the stock today. true to boeing laying off hundreds of engineers. the layoffs will take effect june 23rd. early this year, boeing made off about 1800 mechanics and engineers. the union representing the engineers that 60 day notices will go out to workers on friday. the playmakers at the layoffs are part of an ongoing effort to stay competitive following shares doing pretty great. of more than 36% in the past year. lauren: test of faith and labor in germany. dow jones reported the most powerful union will meet today to consider calling a strike over wages. that is tesla's recently acquired industrial robotics internet. the possible walkout could come assess figures that to produce the model three, the more affordable sedan.
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the io elon musk plant due to its production capacity for the model three. tesla's dispute is that pays 30% below union wages and as it does in -- doesn't anticipate and the model three timeline. nicole: goldman sachs, more of the big u.s. banks post their quarterly results. goldman expected to report a jump in its first-quarter profit. jpmorgan cha a citigroup has beat the expectations. we will also hear from bank of america before the opening bell. and also to post a higher profit thanks to solid trading in the quarter and interest rate hikes. lauren: president donald trump heads to the heartland today to push a buy american, higher american campaign. he was signed an executive order but will it lead to any changes? we'll take a look at this, not. looking at stock market futures, a broadly lower market.
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dow futures down to 72-point. s&p futures on 10. nasdaq down seven team. you are watching "fbn:am," your first look at morning markets and breaking news. ♪ say it ain't so. i will not go ♪ turn the lights off. carry me home ♪ ♪ predictable. the comfort in knowing where things are headed. because as we live longer... and markets continue to rise and fall... predictable is one thing you need in retirement to help protect what you've earned and ensure it lasts.
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lauren: welcome back at 5:45 a.m. in new york. british prime minister teresa knight to make a statement at 6:15 a.m. eastern time. amid speculation she could call an early general election commission said to make a statement following a meeting of her cabinet. sterling took an immediate dip on the news. vice president mike japan today for talks so i cap soap will open doors and attract infrastructure investment. the mid-march, tensions obvious that north korea appeared assuring the u.s. is committed
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to the security of japan.
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who are created by immigrants. there's two things going on.
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some people are hurt, somehow, but more mixed bag in the story can make it here. we want to put americans back to work and this is trying to do that. whether it will do that is an open question, but certainly at least but certainly it is to signal the administration wants to get this done. lauren: donald trump of filling one of his campaign promises. american steel could be used in public construction and infrastructure products and how big of a boost could that be? >> sunburst. it's not a game changer. it depends how much work the government doing. if they like big government spending, he will have a big impact. the infrastructure plan will have a significant impact, but it's not a game changer because the vast majority is private economic dignity. right now we don't have policies in place that force american companies to buy american products. they can still go abroad. nicole: brian brenberg, chair of the business and financehe
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ki's college writer in new york city. anks, brian. lauren: common in sports. playoff fever for basketball and hockey fans. lebron james lees is cleveland cavaliers beat the toronto maple leafs done to washington p. we will have all of the highlights for you. cooler weather and rain headed to the northeast meteorologist salivate with the forecast coming up. 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,
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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. nicole: reduced burgess entremed are breaking as we gave you a few minutes ago appeared reddish prime minister to resubmit to make a statement at 6:15 a.m.
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eastern time amid speculation that she could call an early general election. she is said to make this statement immediately following her meeting of her cabinet. the pounded taken immediate dive in with much that futures under pressure. dow futures and 67 right now. >> cleveland cavaliers needed a big night from three stars to hold up another late game rally by the indiana pacers. up as many as 18 points in the third quarter. under five to go. indiana cutting into the feed. pacers are down seven. lebron james makes and finishes with 25 points. time is running out. someone forget to cover kindly irvington again up on the about and makes the easy way off. san antonio spurs. second quarter puts down to 17.
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getting an early andersen face. they had to be separated. time to get the house. 56-37. memphis would get within five. came to admit the series to-nothing. capitalism it believes one game each. up to that. the first shot ounces up to go away. own rebound at thaksin and tied it three and goes to overtime. he wastes little time. the policemen take two to one series of thin edge. the yankees looking to extend their winning streak against the white sox. matt holliday busts a home run to deep center.
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30 to item five, one on with a two run bomb to left center. look at it. new york yankees go on to win 7-4. train to be for your head at the door come here to stay forecast. in 80-degree beautiful easter sunday the cooler weather coming. adam klotz. reporter: yeah, things are cooling down on the east coast. we don't need to be spending all of our time there. there's actually quite a bit of rain. some spring showers bring in some of those flowers. looking at the first rain along the gulf coast in the mid-atlantic. the upper plains states and the very northern edge of that. wintry precipitation, maybe a little bit of snow. an area where we see the most rain early this morning hopping along the west coast.
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running from central california to the pacific northwest will linger on in and at higher elevations likely to see a little bit of snow. just at the top of the mountain tops. here's that it looks like as far as forecasted precipitation stretches from the coast across the upper midwest from two to three inches of total precipitation. as far as as temperatures still, plenty as temperatures fell, as temperatures still, plenty of spots where it's staying warm. looking at places into the lower 80s, upper 70s. right at that time of year where we can absolutely everything across the country. train to adam klotz coming thank you. >> today you can see a rocket launch from the launch pad. you are watching "fbn:am." ♪ oil and gas get where they need to go safely. because safety is never being satisfied. and always working to be better.
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sfx: loud poorly played electric guitar
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that sounds awful but a lot better than last week ♪rock guitar music ♪we weren't born to follow lauren: later this morning from a something really what happened. to see a rocket launch like you've never seen one before. the launch of the atlas rocket to the international space station will be streamed live with a 360-degree camera right on the launch pad for the very first time. looking at the vantage point of the camera right now. nasa planning to launch during the 30 minute window that starts at 11:11 a.m. eastern time. seat on the nasa television youtube channel and will start 10 minutes for lunch. >> sounds pretty cool. thank you for watching. lauren: we certainly do. good morning happy tuesday to
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maria bartiromo appeared maria: thanks so much. it's for joining us. happy tuesday. i am maria bartiromo. tuesday, april 18th. 6:00 a.m. on the east coast on tax day. tax reform and focus on this tax they pay the administration walking back its august deadline treasury secretary stephen mnuchin says the timeframe is not realistic. a sharp change since when he told us two months ago. >> we need some more time to get tax reform done and we are doing it under a lightning fast proposal. for us to get this done by august, which we anticipate will do, it's going to be really fast. maria: now we understand that gone beyond the august deadline. a closer look at when they make a changes to the tax cut coming out this morning. earnings ramping up. two more banks this morning. bank of america goldman sachs head of the open as soon as those numbers had.

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