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tv   FBN AM  FOX Business  May 3, 2017 5:00am-6:01am EDT

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lou: the status quo with the same players, not what it's about. thanks for being here. thank you for being with us. lauren: breaking news this morning. the white house blasting democrats over $1.1 trillion spending bill deadheads warehouse will possibly today. good morning, everybody. i'm lauren simonetti. nicole: good morning. i'm nicole petallides. house lawmakers: another recess. lauren: in the market, all about apple and facebook. flipping after ordering that iphone sales dipped in the last quarter and facebook set to report its results "after the bell" today. nicole: the dow rose 36 points checking that u.s. stock stock market futures today.
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dow futures down 21. s&p futures down three. lauren: in a château markets close again for holiday. the only market open is china could the shanghai composite down a quarter 1%. trenches lawmakers threaten airlines if they don't improve their customer service. transfer the celtics if the washington wizards and hockey come of the new york rangers got there seriously. we love highlights. nicole: 5:01 a.m. in new york. wednesday, made very. we welcome you to "fbn:am," your first look at morning markets and breaking news. lauren: republicans making some last-minute changes to their health care bill as president trump works phone in search of support. moderate republican fred upton who opposed the bill now reportedly under change that would help people with existing medical conditions pay premiums.
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steve scully's way in and as the clock ticks down to a possible vote before a recess that last 11 days. >> are bill protects people with preexisting conditions and provides multiple layers of protection in ways that obamacare doesn't do. >> some white house officials want to vote in the health care bill tomorrow. that decision not just victor paul ryan and majority leader kevin mccarthy. drink at the white house blasting democrats after victory over the announced budget agreement and defends the $1 trillion spending bill. more right here from blake burman. reporter: the senate to vote today and tomorrow any government funding bill that would fund the government through september. questions have arisen about what might happen in october and beyond. on tuesday, president trump treated out the following quote. the reason between republicans and democrats is they need 60
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votes in the senate which are not there. we either elect more republican senators and 28 team that changed the rules now to 51%. our country needs a good shot down in september to fix the mess. facing a string of questions at the white house press briefing, the budget director mitch wells and it did not shy away from a good shutdown. >> acetic during the confirmation. it's not a goal and not a negotiating tool. to the extent the president advocated come if you want to imagine they could shut down, one that fixes this town. reporter: nancy pelosi described the president treat as a radical and irresponsible threat. however, because many are just democrats elevated the time by declaring a win on a bipartisan spending will. back to you in new york. lauren: strong intelligence
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points to an imminent threat prompted vazquez decision to ban large black traumatic on flights into the united states. mike mccall, house chairman committees a can of fox news on the sixth anniversary of the raid that killed osama bin laden . >> the war of terror did not end with the death of osama bin laden. paragraph my terror threats against the west since it's killing them anytime since then. lauren: isis link plots against the last including 20 this year that. 10 airports in eight countries in the middle east and north africa. nicole: the ceo of united airlines in the hot seat before a passenger is dragged off a flight last month in chicago to ask religious calling the incident in the wake of record proportions as lawmakers warn u.s. airlines to improve customer service or face regulation during yesterday's hearing which lasted more than four hours.
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munoz apologizing once again. >> or employees did not have the authority to do what was right or use frankly common sense. in that moment, our customers and company fails. so i ceo at the end of the day, that is on me. nicole: united has reached a settlement with that particular passenger. also issued new policies to prevent customer service failures. lauren: hillary clinton open up about losing her presidential campaign. she was speaking at the women for women conference yesterday a major and she takes absolute personal responsibility for her loss but also blamed fbi director james call me. listen. >> there is no such thing, that i was on the way to winning
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until the combination of jim cohen this letter on october 28 and russian wikileaks raise doubts in the minds of people who were trying to vote for me but got scared off. lauren: president trump did not let clinton's comments go unanswered. he fired a three thing fbi director comey is the best thing that ever happened to clinton and he gave her a free pass for many bad deeds. the phony trump russia story was used. perhaps trump just ran a great campaign. hillary went on to say the election is on october 27th, she would've absolutely one. nicole: let's take a look on the global market action again. holiday finish. only the shanghai composite index in china trading in slightly to the downside down a quarter 1%. lauren: stocks are trading at this hour. read there is across the board. the ftse in london in the cac in
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paris given up at quarter 1%. nicole: things are pretty gave. the s&p at the second at the second-highest level ever in the dallas slightly higher with the recent losing streak. things under little bit of pressure. s&p futures down three. we will wait to hear from this that. jobs report on friday. lauren: oil up for the first time in three days. forty-eight dollars, 20 cents a barrel could go down to boxing club and 50 per troy ounce. nicole:'s apples greatest quarterly results are in. rising profit and revenue in the latest quarter by shipment of iphones fell 1% from a year earlier. the recent decline is partly because of weak as in china and customers anticipating this new model in that post pressure on apple discord date with its new 10th anniversary iphone due out later this year.
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as for apple's revenue comes in second increase in the following 33 consecutive quarterly declines. a look at the shares closed up 147.51 yesterday. shares fall 2% in the after-hours. apple shares at 57% in the past year and it soared to record highs this year. lauren: apple is the big stock story and so is facebook in watching the earnings report closely with the market closes today. posting revenue increases of 45%. facebook has warned it is running out of space. the company will be expected to indicate were all sick ads. investors to watch for the future video strategy in the latest numbers on active user growth. facebook shares for record high yesterday on half of 1%. if you look at the past year comes stock surging ready%. nicole: joining us to talk about
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apple in facebook, founder and chief analyst with disruptive tech research. good morning, lou. >> good morning. nicole: apple supported rising revenues of the tepid iphone demand. some people waiting for the next one. are you a lover of apple? >> absolutely. some reporters have the flair for the melodramatic. the earnings are forecast at a big shadow over the market and i just think that's silly. the last time around the top about it. it's all about the iphone refresh at the end of the year. the stage is set them to do that. china was weak, but that should've been expected. this is the fifth consecutive quarter. this is a continuation of that trend. two important bright spots for this report does average selling prices were a period consumers opt for the most expensive iphone which bodes well to the middle of the year because they are supposed to release the
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phone to cost possibly over a thousand dollars and the other bright spot is the gross margins. profitability and that is surprising because components in iphones of costs are skyrocketing. some memory component set or 2%. apple is able to offer the latest and greatest and not sacrifice margins. two important things as they release a new phone. lauren: luke, i want to talk about apple's cash on hand. what are they going to do with that? we've heard rumors that by a company like netflix, tesla, disney. your thoughts? >> by pfizer shareholders having their jerry maguire moment. show me the money. that's an absurd amount of cash, almost difficult to contextualize administrators play kidding right now. they increased the dividend. they do make an acquisition and break rank with their history. apple doesn't make big acquisitions. peace was a big one of three
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brilliant. i don't think apple will do anything until washington gets off it that often passes tax reform. the money will be part overseas and tell our elected can move swiftly. i don't think many people have faith in that anytime soon. this is continued tension with investors and management. do something that the cash via unsatisfied as and move on. nicole: foundered analyst with chief research analyst. lauren: white house budget director mick mulvaney blasting the democrats victory dance on the $1000 spending bill. >> they wanted a shutdown. we know that. they were desperate to make this administration look like we couldn't function, like we couldn't govern. lauren: a vote expected today in congress. we'll take a closer look. you do seem modest declines across the board.
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dow futures, which were higher yesterday down 20 points. s&p futures down three. nasdaq teachers finished 27th record high yesterday. futures this morning to 17.5 points based day today. facebook, tesla, sprint, humana and earnings galore. you are watching "fbn:am," your first look at morning markets and breaking news. ♪
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nicole: good morning. 5:15 a.m. in your business get you caught up on what's happening now. the house could vote as early as today on a spending bill that would keep the government running through soup number. the trump administration forced to defend the controversial 1 trillion plus budget deal after democrats claimed as victor and conservatives claim gop leaders gain too much ground. at the same time, president trump manning the phones trying to win support for their advice health care bill. republicans in the house say they are still a handful of those shy from passing it. white house officials want a vote on the legislation before congress leaves for an 11 day
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recess on friday. tech stocks we are watching today. shares of apple could be under pressure today despite a strong quarterly profit report from that company. the masters concern shipments of iphones fell 1% a year ago. facebook posted earnings "after the bell" expected to post a revenue increase of about 45%. u.s. stock futures right now looking to the downside. dow futures down in team. s&p futures down great unsaid day. lauren, that is what is happening now. lauren: thank you, nicole. the house about on a $1.1 trillion spending bill today. gop strategist fort o'connell. good to see you. >> a to b. with the ladies. how are we doing this morning? lauren: great, great. mix well then he had an extraordinary news conference yesterday. he blasted democrats for a victory dance of the spending bill negotiations to god. is he right? >> i have to say this about omb
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or mick mulvaney. he deserves a purple heart for a congressional republicans because on balance it really wasn't. guess there were some good things the republicans got in terms of increased military spending and increase border security and benefits for minors. the democrats wanted a shutdown and they made away like bandits is 5 billion domestic spending to sanctuary cities. no new funding for new portions of the wall and 2 billion nih funding. here's the bottom line. the trump white house didn't want to shut down. they are basically covering for congressional republicans still trying to learn how to govern and push back then bad headlines. nicole: what is missing from this? some people think republicans gave up too much ground, but did they? they averted a shutdown. >> they did avert a shutdown. you have to understand they were not prepared for a shutdown right now. they may be in a better position
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come september, but in the house, basically the house freedom caucus will not collect any increased spending unless it's offset by cuts. democrats know they can play that game all day long eared donald trump is absolutely right. the problem was the house wasn't strong enough in the senate basically gave away its bargaining hand and trump is left holding the bag to spin it ngs but them positive. they should've gotten more if you think about it when we controlled the white house, senate and house. lauren: let's talk about a tweed he sent out yesterday. we need a good shutdown in september to fix the mass and essentially show how difficult it is to govern the disarray washington event. do we need a good government shutdown? >> we may need one because is absolutely right about the democratic strategy which is to not help republicans on anything and basically resist trump at every opportunity.
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for trump is right, i don't think you really want to shut down. trump was basically to invoke the "nuclear option" of the senate to get legislation through the majority. the mere fact he is a majority in the united states senate and can't get anything through because the 60 votes required these democrats with an upper hand and we know the democrats goal is not to get anything done but to indict the house in 2018 to make sure donald trump is not a one term president but a two-term president. lauren: gop strategists, fort o'connell, thank you for joining us. nicole: coming up, living it up at the hotel california and that's exactly the problem for the eagles. ♪ you can check out anytime you like ♪ that you can never leave ♪ nicole: will have the latest on the band's lawsuit against the hotel california.
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playoff fever in basketball and hockey with a scoring tool as the celtics beat the washington wizards and in hockey the new york rangers knock off the ottawa. keep it right here on "fbn:am," your first look at morning markets and breaking news. ♪ the show's about to start! how do i look?
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views ♪ living it up at the hotel california ♪ what a nice surprise when your alibi ♪ lauren: this is a surprise coming owners of hotel california carried out for a
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lawsuit. the eagles have accused the mexican hotel abuse in the name of their hits are without their permission. the hotel gives the impression that guests are saying that the place that inspired the lyrics through the hotel's website promotes itself as legendary an event house merchandise keeping with the theme. the hotel has not responded for comment. nicole: time now for sports. it didn't take long for tempers to flare in game two of the celtics wizards series even before tip off. rockies voice exchange words. more still upset over playing game one but injured his ankle early in the first quarter fighting for a loose ball, morris throws it out of bounds or tensions remain high in the rest of the game. fourth quarter under a minute left. there is a huge three-pointer in the corner to go up for it teen-112. the game right to overtime. he drills the jumper as he falls down and he scores 53-point.
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celtics taking to 129-119. nicole: warriors just to look at the miss thackeray put on. curry finishes the reverse layup, makes it just dizzy and lawyers go on to win that one easily one of 6-94. they remain undefeated in the postseason. turning to hockey, rangers back home after going down zero to two. master chorale into the back of the night to give the rangers an early lead. rangers taking three for-1. in boston, adam jones gets a standing ovation today after being taunted with racial slurs. the feud between the two still exist from incident in april. rest behind manny machado. both teams would be worn and here's something you don't see every day. jackie riley junior hit up the pop chart.
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jj hardy drops the ball. the runners wouldn't move, so the ball close second for two rats and that's the first of the triple play. both teams are done. red sox win 5-2. during batting practice coming yankees rookie aaron judge has a monster shot their brands ants in dead center field at the ball bounces up, hits the tv monitor. the game goes on. two more home runs giving him 12 for the season. lauren: coming up, everybody, congress set to vote in the $1.1 trillion spending bill as democrats claim that tree for the white house not so fast. >> in a bipartisan meeting is unusual to start making this up everyone and it certainly doesn't look well for future discussions. lauren: you are watching trends seven, your first look at
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tree to breaking news this morning. the white house blasts democrats for a victory dance over $1.1 trillion pending bill as soon as today. good morning. i had nicole petallides. lauren: good morning. i am lauren simonetti. tweets to the health care bill hoping to get -- nicole: appleshare slipping after reporting iphone sales in its last quarter. they spoke to report its results today "after the bell." lauren: the dow rose 36 points yesterday. u.s. stock market futures lower this morning.
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doubt on a dow down 18 commands to be done for. nicole: the only market that is up and was the shanghai composite index in that closed down one quarter of 1%. lauren: lawmakers on capitol hill threatened with more regulation if they do not improve customer service or the latest on that story. nicole: playoff fever in basketball and hockey scoring to let the celtics beat washington wizards and hockey to new york rangers knock off the ottawa senators. we will have all the highlights for you. lauren: 5:31 a.m. in new york. you are watching "fbn:am," your first look at morning markets and breaking news. trade to republicans making last-minute changes to their health care bill as president trump worked the phones in search of support. under republican fred upton who initially opposed the bill working with party leaders on a change that would help people with preexisting medical condition paid tribute. house majority whip steve scully
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is also weighing in at the clock ticks down to a possible vote before an 11 day recess. >> are bill protects people and provides multiple layers of protection for people with preexisting condition in ways that obamacare doesn't do. true to white house officials want to vote on the bill tomorrow but it will be a two speaker paul ryan and majority leader kevin mccarthy. lauren: the white house blasting democrats after the recently announced budget agreement that the defense a $1 trillion spending bill. more now from blake burman. they make the house and senate to vote today and tomorrow i'm a government funding bill that would fund through september. questions have arisen about what might happen in october and beyond. on tuesday, president trump treated at the following. the reason for the plan negotiated between republicans and democrats is they need 60
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votes in the senate which are not there. we either elect republican senators in 2018 or change the rules to 51%. our country needs a good shutdown in september to fix the mess. facing a string of questions at the white house press briefing, budget or make maldini did not shy away from the possibility of a good shed down. >> the shutdown is not, i said a german conversation. it's not a goal and it's not a negotiating tool. to the extent the president advocated today if you want to imagine it would be one that fixes this time. reporter: house minority leader nancy pelosi described a treat as a radical and irresponsible threat. however, mulvaney argues democrats elevated the tone by trying to declare when a bipartisan spending deal. back to you in new york. lauren: thanks, blake. controversy over a cold-blooded
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terrorist can assemble a skilled americans expected to take center stage at the white house today. president trump will content president mocked that abbas after $3 billion of our tax dollars to families to care the tax. remaining after abbas reiterated his report for a tooth a solution between the israelis and palestinians. fox business will have their price come is live 12:15 eastern time. lauren: united airlines in the hot lead after one of its passengers was forcibly dragged up a fight last month. oscar munoz: the "-begin-quote imus date of epic proportions. as lawmakers warned u.s. airlines improve your test number surveys or face by regulation. you're at a hearing yesterday with more than four hours. apologizing once again. >> employees do not have the authority to do what is right or their common sense and the
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outline. we failed. a ceo at the end of the day, that is on me. lauren: united has reached a settlement with dr. davidow and new new policies to prevent customer service failures in the future. nicole: a look at the market check right now. most of the markets are closed the exception of the shanghai composite index on the heels of those chinese factory committee with a slower pace. we do see the shanghai finished down one quarter 1%. lauren: stocks are trading to the downside. dax down 24. nicole: a big deal with the televised debate between may may 7th. dow futures down 20. s&p futures down three on the heels of apple down in the premarket and will watch for facebook are immense.
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nicole: after a big turmoil for crude oil prices. $48.20 a barrel. 12.54 announced. more about apple because they laid a score to the in. apple reported rise in profit and revenue in the latest quarter, but shipments of python 1% a year ago. the recent decline is partly because of weakness in china and customers anticipating the new iphone. that puts pressure on apple to shore back with his 10th anniversary iphone due out later this year. apple's revenue is the second increase in a row following declines. apple shares following 1.8% after hours. they've been on a tear recently at 57% in the past year and they have soared to recent record highs. nicole: face but investors watching the earnings report after the close today. face up to post revenue and
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earnings increases of about 45%. facebook has warned it is running on this space for ads on it newsfeed. the company will be expected to indicate for a second-place amount. the video strategy in the latest numbers on the user rose. hitting a record high yesterday up about half of 1%, close to 52.78 and is up almost 30% in the past year. lauren: joining us now to talk about facebook is the founder and chief analyst with disruptive tech research. let's dig into facebook now. good to see you again. we are expecting facebook earnings after the close today. the stock keeps hitting new record highs. born in the explosive growth has got just well at some point. is that a concern for you or is that a sign of face the been a mature company? it's not a concern. i wish mark zuckerberg to say
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anything snap chat can do, we can do better and drop the night. they are cloning any new growth initiatives. realistically he's not going to do that. they will demonstrate revenue is growing at a 45% clip. out of mind as well. there's a lot of room for the revenue growth to decelerate. you had twitter have another social media platform with declining revenues. relative to the competitors, which i don't think there are any true competitors, the company still doing phenomenally well in terms of growth. it's not a concern. train to how much upside as the president have? also the stock closed at 152 and change at a record. what do you think? how much potential is there at this? >> facebook has learned early on you have to keep innovating and
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social media to keep engagement high. they are making acquisitions. a form of innovation. amsterdam allowing them to keep the users engaged which is the key to serving up ads. you could monetize the audience and they've done that much better than anyone else. much better than twitter. lauren: what about the violent content we've seen on facebook -- and mark >> they need to do more. the partyline essays it's difficult. i don't buy that. we are living in nature technology where we are self driving cars, flying cars soon. artificial intelligence anytime of the cant figure out how to keep violent content off of a platform? they just have to do more. social media is a tool and it can be leveraged by good and evil doers. they got to do their part to make sure people using live streaming are using it in a response the way.
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nicole: would you say now is the time to invest in tech even though it's run up so high? >> will come absolutely on bias, i focus on tech. i would point out everyday investors, technology is part of our everyday life more so than ever before. you see it in any aspect from health care to media consumption. i think the long-term trend is about to be invested long-term and technology. lauren: 27 record highs as here for the nasdaq. someone put disruptive tech research. thank you your time this morning. >> always a pleasure. tranter microsoft wants to be a player in the classroom again. announcing a new line of computers caused service laptop intended to rival google's crumb books. the service lap top will feature the operating system and will sell in the united states for
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$1000. lauren: time warner, one of the stocks we're watching being bought by at&t to post higher for squirter revenue for the success of its movies, and the lego batman movie along with higher cable revenues. the wealthier from humana, which is pretty announced it profit expected to benefit from expenditure advantage business. humana has said it will pull lot of the ovonic your exchanges next year. analysts looking for sprint to report a smaller loss from a year ago thanks to revamped unwrap the new plans. and a comment on a potential deal with rival t-mobile. tranter white house budget director mick mulvaney last the $1 billion spending bill. >> they wanted to shut it down. we know that. they were desperate to make this administration look like we couldn't function, like we could govern. tranter a vote is expected today in congress.
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here's a look at stocks right now. dow at stocks right now. dow futures symphony, s.b. future sound order. nasdaq after a record close yesterday. no rate hike likely. it's more likely in june more than a 65% chance at a rate hike. jobs on friday. you are watching transcendent, your first look at morning markets and breaking -- "fbn:am," your first look at morning markets and breaking news. ♪ so tell us your big idea for getting the whole country booking on choice hotels.com. four words, badda book. badda boom... let it sink in. shouldn't we say we have the lowest price? nope, badda book. badda boom. have you ever stayed with choice hotels?
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lauren: thank you for joining us. my 45:00 a.m. in new york. the house could vote as early as today on a spending bill that would keep the government running through september. the administration is forced to defend the controversial 1 trillion plus dollar budget deal after democrats claimed victory negotiations and conservative claims by gop leaders give too much ground. they are manning the phones today trying to win support for the revised health care bill. republicans in the house say they are still a hand full of vote shy from passing that.
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before congress leaves for an 11 day recess and write it. shares of apple under pressure following a strong quarterly profit report from the company, but investors can earn shipments of iphone fell 1% from a year ago. is that posting minutes after the close today to post a revenue increase of 45% get ahead of all of this income enough modest and yesterday, dow futures lower by 22-point. s&p down for. nasdaq down 18. a look at what's happening now. 20 house gop leaders making tweets hoping to get a vote this week before going on another recess. join an established gop strategist, fort o'connell. good morning. >> good morning. great to be here as always. nicole: last-minute changes late tuesday night to get 216 votes. is this going to work?
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>> i don't know if i'll get the votes, but the white house is right to push them because the longer you wait to pull the trigger of the longer it is to pass the legislation. were we going to fund trades the same conditions? high-risk pools or another mechanism? they are scared of what's going to happen in the 2018 midterms and president trump is asking them to trust the legislative process because in all honesty it's in his best interest not to sacrifice the mike williams. lauren: major rift between moderates and conservatives at how confusing does the bill get? >> i don't know how to do simple get,-com,-com,-comma but of a show at interparty bipartisanship particularly in the house. understand something we have to get it out of the house and onto the senate because the senate will make changes as well and then it will go to conference before the president can sign the bill. we've got to trust the process here and push this forward.
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this is that the american people want. republicans in congress in the last election to basically make sure they make changes to obamacare because it's unsustainable. nicole: ford, with the timing? why house speaker ryan write that off? >> of how state grew by no-space-on, helmick as soon as possible. the longer you wait, the worse it becomes. we've got to move on a tax refund because that will kickstart the economy. tranter lets a health care does not get support. as obamacare reform over? >> took a second bite of the apple because below low sticker shock coming in 2017 or 2018 when the cadillac tax kicks in. we have a limited amount of time to get rid of obamacare. we've got to make sure we get a ride before the end of 2017 so he can actually see those in american workers midterms in workers midterms in the is running for reelection in 2020.
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nicole: how is nicole: in so far? >> trump is doing an excellent job. i'm a very pro-guy. the problem is republicans in congress in particular have yet to learn how to govern and they have to understand if they can get two or three items through. they cannot protect their own personals. he met gop strategist, fort o'connell. >> wild weather once again hit the metal of the country. janice dean will have their forecast coming out. basketball and hockey. you've got a scoring duel as they beat the washington wizards to cut down the period you are watching "fbn:am," your first look at morning markets and breaking news.
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and add phone and tv for only $34.90 more a month. call today. comcast business. built for business. lauren: you ready for sports? he did not take long for tempers to flare even before tipoff. look at that. so upset over playing game on the injured his ankle. early in the first quarter, fighting over a loose ball. tensions remain high the rest of the game. fourth quarter under a minute passed. huge three pointer up 114-112. baltic could send again. what a night for isaiah thomas. he scored 53 points. celtics game 2129-name team.
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hockey rangers home after going down for a period. but sitting to the rangers in early. they take game three for-1. in boston, adam jones gets a standing ovation for rest acts as today after being hunted with racial slurs. the feud between the teams still exists. for sales rose behind manny machado. both teams would be warned. here's something you don't see every day. jackie bradley junior hit a short top of two short. jj hardy rocks the ball. the ball goes to second for it to out and back to first for the very odd triple play. there it is. stil 5-to. nicole: more spring showers on the way for central and eastern u.s. fox senior meteorologist janice
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dean oliver. good morning. >> good morning come aboard the cole. 45 in cleveland, 59 in new york. 76 in phoenix, 78 in delaware was 75 in houston. the frontal boundary position against the u.s. and the u.s. in a while colonel boundary that areas of low pressure developing potential for heavy rain for the central u.s. flash flood watches and warnings as we expect several inches of rain in a short period of time. severe storms including march, damaging winds and tornadoes for the deep south. be aware if you lived in these regions throughout the afternoon and evening. higher risk for turning us on the areas you see. the system pulling all the gulf of mexico moisture pushing across as we get into thursday and friday. travel delays tomorrow and the latter part of the work week.
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flash flood concerns again moving into the ohio river valley along the gulf coast as the area of low pressure moves eastward. our forecast today, this gourmet whether contained to the central u.s. east coast looks good as does the west coast. look at this high in phoenix. 99 not ready for the early part of may. back to you ladies. nicole: janice dean, thank you so much. >> does an intern med for money than you do? the top earning internships. you are watching "fbn:am" ♪ bp uses flir cameras - a new thermal imagining technology - to inspect difficult-to-reach pipelines, so we can detect leaks before humans can see them. because safety is never being satisfied. and always working to be better. we cut the price of trades to give investors even more value.
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treated to remember the days of long-term -- unpaid internships? i do. facebook interns are the highest paid interns in the nation. they make a median of $8000 a month, more than the average american worker. one for my software engineering and turn said facebook also has amazing perks were interned in losing housing, free food commerce maps, transportation. here's how some of the other companies stack up. microsoft $7100. $6450 a month and amazon and
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apple are tied at $6400 a month. reagan turned ship integrated areas. thank you so much for joining us. >> right now over to maria bartiromo. "mornings with maria" begins right now. maria: happy wednesday. i am maria bartiromo. it is wednesday, may 3rd. health care reform hangs in the balance this morning. house republicans jump into secure enough to get past the current bill would have the latest is one key lawmaker says he knows right now. earnings at the term on wall street. apple is drag on the dow of the fiscal second-quarter profit beat expectations. revenue blowouts with haitians. the company also reported an unexpected decline in the sales of the iphone. broader markets look like this this morning. features under the weight of apple shares. don bester is down 19 points. frac

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