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tv   FBN AM  FOX Business  August 17, 2017 5:00am-6:00am EDT

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unhinged. david: mollie, mark, great to see you. thank you for joining us. lieutenant colonel tony shaffer and chris farrell are lauren: breaking news this morning. president trump sends down to business council says ceo jamie dimon weighs in on the president's controversial comments on charlottesville adding that leaders bring people together. cheryl: despite threats for obamacare come at the white house says the government will collide with payments to insurers in august. lauren: the dow rising 25 points yesterday and positive reports. wal-mart and cat. dow futures down. nasdaq down 30 team. train to investors wait to see
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what they think about the euro zone economy. lauren: stocks ended mixed. the nikkei in japan slightly lower while the kospi and south korea rose another half or 1% as tensions at the northeast. turning to social media cracks down on hate groups with twitter taking off the daily star were and mark zuckerberg failing to remove threats from facebook. we will take a look. "fbn:am" starts right now. lauren: 85:01 a.m. in new york. thursday, august 17th. lea: i am trained for and for cheryl. lauren: president trump disbanded two of his business
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council's following controversial comments. trump blaming the last as well as white supremacists and for the mayhem. let's go to get more. reporter: ken frazier announced he would resign from the president manufacturing council. the president continued as the ceo drops he could fill their spots. wednesday afternoon report circulated a separate group from the strategy and policy forum would be disbanded and the president then try to suggest he was providing both groups cover. the president treated right in putting pressure on the business people the manufacturing council in strategy and policy forum, i am mending both. the democratic national committee took a victory lap singing these councils disbanded because of president trump's failure to meet in the public pressure that followed for
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american businesses and ceos in association with trump has become toxic for many reasons. back to you. lea: thank you, blake. jamie dimon, a member one of the groups broke them out. he said there is no room here. the one displayed by perpetrators of hate should be condemned and has no place in a country that draws strength from diversity and humanity. the leader's role in business government to bring people together, not tear them apart. lauren: senate majority leader mitch mcconnell pushing back on the comments on charlottesville. we have no tolerance for an ideology of racial hatred. they are not supporters of american ideals and freedom. nancy pelosi called presidents trumps comments very sad for our
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country. >> -- false american patriotism from white nationalism. the president has changed. talking about events all over the country. lea: a rare interview from white house chief strategist steve gannon. he spoke with a left-wing magazine where he called the far right a collection of clowns. arizona says the nation needs time to heal. craig stanton colin no president trump to delay his plan next tuesday saying name disappointment president trump has chosen to hold a campaign rally as a nation is still healing from that tragic event in charlottesville. lauren: hundreds of people turned out to walk peacefully in the same place for the white nationalist march on friday were fights broke out. they also remember 32-year-old 790 was killed over the weekend
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when she was struck by a car she protested the rally. two virginia state troopers monitoring the event also died in a helicopter crash. train to president trump will make payments to insurers after choir senator obamacare. president trump a certain doing payments which compensate insurers for subsidizing out-of-pocket costs for customers. insurers say they would have to raise premiums only the individual market if the subsidies are eliminated. premiums would likely jump 20% if 20% of payments i stopped according to an analysis released this week by the congressional budget office. lauren: north korea's nuclear program and escalated tensions with the united states. experts say there is another weapon in pyongyang's arsenal. north korea has been stockpiling chemical weapons and nerve agents like syrian. north korea has backed down from
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the u.s. territory of guam. vice president pence is on a trip to latin america coverage in those countries to sever diplomatic ties with the north. listen. >> the united states places great importance on the ongoing diplomatic regime and we strongly urge chile today and brazil, mexico and peru to break off diplomatic and commercial ties to north korea. lauren: south korea's new president pledging to be no war in the korean peninsula, but also saying north korea could be pricing the redline and put a nuclear warhead on an intercontinental ballistic missile. lea: jam sessions continues to speak out about sanctuary cities and delivered a speech calling the cities they disregard the order to step up immigration enforcement. he praised miami-dade county for being the first in the nation to drop his sanctuary status pete
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sessions suggested illegal immigration leads to rising crime rate. take a listen. >> jurisdictions provide safe harbor for the most dangerous criminals in our country. it makes sense to be a trafficker, smoker or predator's best friend. true to the administration has brought to withhold from the cities if they don't change policies. tree into the reaction to the violence continues as social media companies cracking down on hate groups using their website. tracee carrasco joins us now with headlines making news this morning. good morning. it's been a good morning. tech companies take a proactive approach when it comes to hate group websites or services. we told you yesterday google and go daddy stopped providing hosting support for the neo-nazi site the daily storm or. they've now been suspended from accessing the twitter account.
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bab -- go for me has removed campaigns to raise money to bail out the driver charged with killing 7 million. even spot if i said it would remove music from its massive streaming library. websites in saint policy violations they question free speech and legal rights. lauren: the fallout is pretty intense. what is facebook doing? reporter: mark zuckerberg condemned the actions of white supremacists at the rally in this pledging to remove any threats of physical harm on his own face that page with the potential for more rallies while watching the situation closely. we won't always be perfect, but you have my commitment will work to make facebook a place where everyone can feel safe. is because of the page is going to buy wing death squad in vanguard america. lea: we are hearing apple will be putting some money
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investigating evolve. >> that's right. tim cook says the company would donate $2 million to anti-hate groups. apple giving donations to the southern poverty law center, one of the leading organizations that tracks the rise of hate groups in the anti-defamation league. apple said in a a system to let consumers donate to the southern poverty while. it's encouraging employees to contribute by matching payments to do one during september 30th. lauren: it's interesting content as well as content, but these tech companies are policing violence at this point. lea: critics say the question is a free speech. certainly an opportunity to step in and put their voice in the mix. thank you. lauren: fox news has learned the fbi has reopened the case searching for records at the infamous time after reading between president clinton and
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attorney general linda lynch. and who is the actress in hollywood highest paid? it is no jennifer lawrence anymore. we will tell you who tops the list when we come back. ♪ fidelity, where smarter investors will always be.
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lauren: good morning. fox news has learned the fbi has reopened its consideration of requests for records on the 2016th tarmac meeting between attorney general loretta lynch and bill clinton. at first they said they did not have documents dealing with anything. they are now searching from our records. the tarmac meeting field republican complaints at the time that lynch improperly met with bill clinton while his wife hillary was being investigated over personal e-mail use. the virginia home of secretary of housing and urban development anne carson vandalized. someone wrote hateful rhetoric about president trump on his home. police in overland park, kansas released a video of a interstate 435. the driver trapped inside another drivers quickly responded. he suffered minor burns. a big name retailers out with earnings today. wal-mart.component expected to
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earn $1.7 a share after the close. analysts are expecting 52 cents a share. retail earnings and sales driving the losses and gains on wall street this week. that's what's happening. lea: thanks, lauren. president trump to spinning business councils and the latest fallout from the violence in charlottesville. political consultant harlan hill an analyst at the women's four and patrice lee. nice to see you this morning. i just want to start with you. were ceos resigned and it was all kind of coming at the same time. how do you see this impacting his agenda? >> i don't think this will impact the agenda at all. we seen this play out time and time again with president donald trump had receded during the campaign as well. the president might say something controversial and
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sometimes he will here blowback from his own party. obviously from democrats and the mainstream media. if he returns to the basics which gives a very clear platform for what he wants to get done in washington if he can does things done, this would be inconsequential. i still believe republicans will perform very well in 2018. because there is a hold of leadership, total lack of economic message on the democratic side, president donald trump is still extremely well-positioned. lea: i have to ask you from the perspective of the ceos if they lose their position and have the president's ear. >> part of the reason they serve on these panels is because they have the business self-interest satire. i agree if the president is able to get the agenda passed this
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will be a lot less consequential than we feel it is right now. it does send a signal. increasingly more difficult for the president to work with different types of people. considering the docket of issues that congress and the administration has to deal with coming back in september, it's a brutal month and unless there is a lot of support in ability to work together across different groups, it's hard to get it all done. lea: i want to ask you about the president's word on both sides. it is message get lost in the way he used his words? >> well, the way i took this is there is no right way to respond to this. i thought his statement on saturday, very sympathetic, very measured. yes we want him to go further. he clarified for anybody that didn't understand he was
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explicitly unambiguously and repeatedly referring to neo-nazi is people he was condemning. he clarified that on monday. on tuesday when he came back up to discuss this again in front of the press conference, president donald trump is trying to be as transparent as possible. love him or hate him, donald trump is one of the most accessible presidents we've seen whether through twitter for his candor. she was trying to come to the table and say this is what i'm thinking. a call for problems? perhaps yes. lauren: mainstream media has been critical of the president handling events in charlottesville. is it fair or one-sided? >> could be critical with whichever side it came out on. when you compare president obama's response after the
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shooting and the church is coming us to measure his initial response. this is a moment where he could have really turned to fighting hate with love and kind of the words of dr. martin luther king. are my favorite president, calvin coolidge or face a similar situation with the ku klux klan. we fight bad ideas of good ideas. it's a good opportunity for the president to fight these of noxious ideas with good ideas. opportunity in general. he still has a chance to do that and i hope he does. lea: i want both of your thoughts quickly on this. a lot of the anger and the confederate statues at different areas in the u.s. it's a good idea to remove these are living there? >> i like what the president said about this. firstly the confederate statues belong in museums.
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>> i agree with that. move them to museums and provide context for what was going on and provide an opposing view or look at the achievements that black people made in this country and provide the context for people to understand. >> good insight from both of you this morning. thank you so much. lauren: say it isn't so. jennifer lawrence dethroned as the highest pay actress in hollywood. we will tell you which actress takes the top spot. strong storms in the midwest while hurricane gert becomes a category two storm. checking in on your investments this morning. dow futures are weaker. s&p down three as we await wal-mart earnings.
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still earns $46 million before taxes this year due mostly to the success of loblolly and with 400 million at the box office. both jennifer aniston and last year's top earner, jennifer lawrence who had 24 million this year. melissa mccarthy keane and four and may likud is rendered at the top five at 15.5 million. those ladies doing well. lauren: and the stone plays billie jean king. she's just a fantastic actress. unfortunately heat advisories posted across the gulf coast. heat indices rising above 100 degrees. meteorologist janice dean life in the weather center. reporter: hi, ladies. steamy and hot across the gulf coast and has been for many weeks. what if it is thick with humidity well over 100 degrees. heat warnings in effect for millions of folks.
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along the east coast, 71. cooler temperatures behind the front moving across the great lakes that brought us several tornadoes over minnesota yesterday. pressing eastward with the potential large damaging winds, isolated tornadoes moving eastward with a new system moving out of the rockies. the tornado threat before the eastern great lakes and across portions of the central plains. areas of concern from the tropics are fired up. look at the areas of low pressure over the next couple days. the next storm will be harvey. a couple exciting things happening monday. number one, my new friend comes out. number five and we have a total lunar eclipse. going to south carolina broadcasting my plan monday for you guys. if you go to fox news.com, i have an op-ed about the solar
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eclipse. get excited solar eclipse 2017 is coming. ladies come in the first coast-to-coast solar eclipse and 99 years. some areas across the country two minutes of darkness during the afternoon. >> what are you supposed to do? >> you need the proper eyewear. >> the u.s. will experience a partial eclipse here in new york. the total eclipse is starting from the northwest down. i will be in the path of totality in south carolina. lea: very cool. a lot of people traveling to see that. coming up, here we go again. over 10,000 of samsung's galaxy know for batteries have been recalled.
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we will tell you why. if you ever receive one of those annoying robo those annoying robocall saying you've won a free cruise, you might be able to cash in on that. we will tell you about a class-action lawsuit. a look at u.s. stock markets on the board this morning. dow futures lower by 21 capacity lower by three. nasdaq lower by 14. you are watching "fbn:am." stay with us. ♪ and up go your rates. what good is having insurance if you get punished for using it? for drivers with accident forgiveness, liberty mutual won't raise your rates due to your first accident. liberty mutual insurance.
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symptoms of an allergic reaction include rash, swelling, and difficulty breathing or swallowing. do not take jardiance if you are on dialysis or have severe kidney problems. other side effects are sudden kidney problems, genital yeast infections, increased bad cholesterol, and urinary tract infections, which may be serious. taking jardiance with a sulfonylurea or insulin may cause low blood sugar. tell your doctor about all the medicines you take and if you have any medical conditions. so now that you know all that, what do you think? that it's time to think about jardiance. ask your doctor about jardiance. and get to the heart of what matters. tree into breaking news this morning. present terms should come as jamie dimon weighs in on the controversial comments seem leaders bring people together. lauren: despite threats from the president he would halt funding for about a character mcgough had with payments to insurers
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this month. lea: to do 25 points yesterday. today we'll hear from former. ahead of that coming with the u.s. stock market futures ahead of the opening bell. s&p lowered by three. nasdaq lower by 16. lauren: investors waiting to see the european central bank thinks about the euro zone economy. life to london is different he is down 20 points. >> stacks in japan is slightly lower while south korea come across the index rose half of a percent. teachers with north korea ease. lauren: if you understand some galaxy known for, power down before it overheats. the latest recall affecting samsung. "fbn:am" starts right now.
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♪ lea: 5:31 a.m. in new york on thursday, august 17th. i'm trained for and for cheryl casone. lauren: good to see you. and lauren simonetti. do you have the note for? lea: i do not my friend, but we have other breaking news this morning. president trump has disbanded on his controversial comments on the violence in charlottesville, virginia, blaming the alt-left as well as white supremacist and neo-nazi. more from blake burman. >> this one unravels fairly quickly. monday when the ceo announced he would resign from the president's manufacturing council. more followed in the president contended even as the ceos dropped he could fill their spots. when the report circulated a separate group made up of business titans would be disbanded and the president then try to suggest he was providing
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both groups cover. the president treated the following. rather than putting pressure in the businesspeople of the manufacturing council and policy forum, i am indeed both. thank you come all. the committee took a victory lap saying these councils disbanded because of president trump's failure to read and the public pressure that followed for american businesses and ceos in association with trump has become toxic for many reasons. back to you. lea: thanks, blake. lauren: jamie dimon was a member of one of these groups. he did support breaking them up and said there's no room for equivocation. do he should be condemned and has no place in a country that draws strength from our diversity and humanity. but the leader's role in business or government to bring people together, not to tear them apart. lea: minority leader mitch mcconnell pushing back on the comments in charlottesville
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saying we could have the ideology of racial hatred. there are no good neo-nazi and those who espouse their views are not supporters of american ideals and freedom. house minority leader nancy pelosi calling trump's comments very sad for our country. >> he does not know right from wrong, true from false, american patriotism from white nationalism. the president has jammed up. they are talking about all over the country. lauren: many questions about steve bannon white house chief of staff. he spoke with a left-leaning magazine recalled the far right elements of the republican party a collection of clowns. and then the mayor phoenix, arizona save the nation came to heal. calling the president trying delayed his his planned visit to phoenix next tuesday.
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he's planning on campaign rallies. i'm disappointed president trump has chosen to hold a campaign rally as the nation is still healing from that tragic event. a lot of people speaking out about what they heard a couple days ago. >> also, hate and violence have the thing at the university of virginia. hundreds of people turned out to live peacefully in the same place where white nationalist marched on friday and fights broke out. they remembered dirty 2-year-old heather heyer do is go there at the weekend when she was struck by a car she protested the rally. to virginia state troopers also died when their helicopter crashed. >> the white house has president trump on it payments to ensure as required under obamacare. threaten to end payments which compensate subsidizing out-of-pocket costs for low-income customers. insurers have said they would raise premiums or just leave the
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individual market altogether if the subsidies are eliminated. obamacare premiums since the recent release announced by the cbo, the national budget office. lea: north korea's nuclear program escalated tensions. the korea research institute of chemical technology said north korea has been stockpiling chemical weapons. north korea back down from fire and the sisters the u.s. territory of guam. vice president might pence on a trip to latin america urging companies there to sever diplomatic ties with the north. >> the united states places great importance on the ongoing diplomatic isolation of the regime and we strongly urge chilly today in brazil, mexico and peru to break all diplomatic and commercial ties to north
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korea. lea: south korea's new president pledged no on the korean peninsula, but also say north korea would be crossing the red knight if you put a nuclear warhead on the intercontinental ballistic missile. lauren: more trouble for sam trouble for samsung. a recall issued on the galaxy note for. lea: tracee carrasco joins tracee carrasco joins a smart guy. other headlines making news this morning. true money, ladies. a year after samsung discontinued the galaxy note seven smartphones, 10,000 galaxy note for devices have been recalled because of concerns they could overheat posing a risk of fire or burns to users. batteries placed in refurbished at&t stance on galaxy note for cell phones by supply chains distributed as replacement phones to 18 t.'s insurance program from december 2016th of april 2017. they discovered the recalled batteries are counterfeit. i want to mention that these
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galaxy note four is released in 2014. >> many people might be eligible for an upgrade. the hits just keep coming for samsung. labor day is upon us. i can't believe it. what should you know is you're traveling? >> it seems like every holiday is the busiest holiday to be traveling. bracing for yet another huge surge in travel thanks to low fuel prices and improving economy and decreasing airfare. 16 by 1 million passengers will fly on u.s. airlines on the seven-day travel. which is an additional 110,000 passengers per day. the three busiest airports or atlanta, los angeles and chicago. the busiest travel day friday, said tim prefers. plan accordingly. lauren: i'm working that day. not going anywhere. lea: i want to take a cruise. i keep getting the column when it occurs.
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>> you might want to doublecheck those calls. if you received a rude thing you want a free cruise, you might be able to cash in. a class-action lawsuit blames carnival, the region to make those annoying robocalls to offer this opposes free cruise. those calls violate the telephone consumer protection act and those can get up to $300 per phone line. $900 total in a form you will have to fill out by november to get the money. train to go ahead and get yourself on that cruise. lauren: somethings going on because the robocalls are they getting have been ferocious in the last couple months. none top, all around the clock. all different companies, all prerecorded messages. it's my area code so i think maybe it's selling so. or maybe i wonder cruise.
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when we come back, researchers say they have taken a big step forward towards developing a test that can detect cancer in the blood long before the first symptom show. it's unbelievable. we will tell you all about it. an air force pilot without a canopy. are you listening? we will be right back. where's jack? he's on holiday. what do you need? i need the temperature for pipe five. ask the new guy. the new guy? jack trained him. jack's guidance would be to maintain the temperature at negative 160 degrees celsius. that doesn't sound like jack.
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actually, jack would say, hey mate, just cool it to minus 160 and we're set. good on ya. oh yeah. that's jack.
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announcer: when they test you, stand firm and move only when you hear the seatbelt click that says they're buckled in for the drive. never give up till they buckle up.
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lea: welcome back to get too caught up in what's happening now. prosecutors say an employer in several friend of a prominent wall street firm seeks criminal insider trading terms as they involve potential merger information taken from a confidential deal database. check this out. a pilot with the right stuff. the air force then did his thunderbolt last month with no canopy and its landing gear out. the 30-millimeter gun was fired and his entire canopy blew off
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it is exposed to 315-mile per hour winds. he disappears -- [inaudible] a new tape purportedly led to the discovery of human remains in aruba. the person with the tape said the suspect they understood disposed of her body with help from his father after choke to death. researchers at johns hopkins said they developed a blood test that can tell people long before the first instance even show up. still a long way from being used to screen for cancer. lauren cancer. lauren, that's what's happening now. lauren: good news is that prove successful. the federal reserve -- the cofounder of planned capital management. good to see you, doug. the fed is concerned about low inflation. some officials think it is a temporary factor.
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others say we see inflation because something is fundamentally changing the economy. where do you stand on this? >> that is true. do we use traditional models where the wage come as the wages are driving up prices eventually about the traditional stand in the labor market has been tight in doing well so it's long-term. other facts that technology and artificial intelligence, all that's happened is that pushed prices down. prices have gone up and we can all recognize that on a daily basis. so it typically comes with higher prices and a tighter market. >> if you're looking at the fed funds futures. want to ask about the consumer. mixed signals this week. do you think it's healthy once again?
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>> but we just spoke about if you think about it come me do have a better labor situation, a few more dollars in your pocket and prices can remain flat. you are able to spend more. that's translating it into some better access and more use of those dollars into investments, paying off debt which doesn't help the economy per se. but also spending. that showed up in the target earnings. we are coming a little above expectations. things are getting better and we are all paying less. lauren: interesting to listen to the calls. over 600 calls alone. there has been a risk between the business community and the president. how will that affect the agenda of tax cuts in the agenda. >> is not sunday when nader might get.
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tax cuts would help a good portion of people and may translate to further spending. maybe that helps along the way. a lot of this is just politics. i don't pay a heck of a lot of attention to the day-to-day work people are doing. i'm more fake focused on to resolve more staff to more people. >> investors like you anyway have their blinders on. you focus on the things that affect your economy. this is a market that has been very resilient. >> earnings drive the market in the long run. lauren: we will see you there. lea: coming up, the best cuban baseball keeps on winning. los angeles dodgers in a dramatic win over the chicago white sox in the mixed martial art connor macgregor. we'll tell you why he will be fighting. jared maxwell have your sports.
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worried about weak inflation here at home. we will find out as well to live report from "the wall street journal" of london. you are watching "fbn:am." stay with us. that grows along with you and your family. legalzoom. legal help is here. whuuuuuat?rtgage offer from the bank today. you never just get one offer. go to lendingtree.com and shop multiple loan offers for free! free? yeah. could save thousands. you should probably buy me dinner. no. go to lendingtree.com for a new home loan or refinance. receive up to five free offers and choose the loan that's right for you. our average customer could lower their monthly bills by over three hundred dollars. go to lendingtree.com right now.
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lea: welcome back. los angeles dollars on track to the record for the most when the seasons. lauren: jared maxes with all the sports you need. dodgers have 43 games left. they need to win32. they need to go the rest of the way to make the baseball record. dodgers down for-3 by yasuo klieg wins with a two-run double. dodgers go to 85 and 34.
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the 457-foot blast. all rights, doesn't even bother turning around to look. best of the american league yankees beat for the third straight day. during judge set a major-league record last night. first position player to strike out in 33 consecutive games. yankees did not gain any ground on the boston red socks because [inaudible] 14 wins of the first games. perhaps he was listening to the early name teen 80s by robbie
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dupree. why don't we steal away. in the fourth inning, meyers stole second base. and when i send win all the way eventually to third base. gets caught in a rundown of meyers comes all the way around to score. he steals second, third from the padres win 3-nothing. generally boxing matches, five require boxers to use 10-ounce gloves. floyd mayweather ken connor macgregor in nine days. less padding which is closer to what gregor is used to. these will be a period for up of paul for the 49ers john lynch yesterday shared thoughts about players protesting the national anthem. >> i think i understand they are
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not happy they have the right. we will always respect people's rights. they believe it should actually be celebrated for what it is. tremendous unifier for our country in the way things should be. >> receiver doug baldwin yesterday questioned why during the anthem are drunk with their hats on still yelling. jordan deandre was a child survived human carcinoma from a rare bone cancer. less than a threw out the first pitch in the 1967 championship team. he throws it out and the photographer -- this is what he saw through his sons before he got a really bad stomach ache i guess last night.
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how did that happen? ouch is right. you know how many home runs giancarlo stanton hits for the marlins? lauren: thank you so much. cech reports on sirius xm channel 115. lea: ago to london for a look at inflation numbers. the european central bank and the fallen british account. we will be back.
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lauren: revoke old joining us from "the wall street journal." inflation numbers in europe and also minutes from the european central bank. how is everything affecting the market? they are weak today. >> basically the inflation readings confirmed inflation did pick up in july and that's done very little to squash speculation the european central bank will be signaling an end to its massive quantity of using programs in the fall. people are watching that it's pretty carefully. seen some pretty muted news. then it's come out in a couple
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hours to see whether mario draghi is on course to november or september of winding down its massive bond purchasing program. trading to do you think it's yet? >> trying to call the direction this year i found analysts. so many different moving pieces from the economic data the last month or so. we've had a shakeup in voting numbers over the summer. it's a seven-year low against the euros. you can could certainly a group may have seen the bottom there. and to the dollar. >> of the pound and euro reached parity? it's possible. >> a lot of people are starting to call for that. it is not that far off.
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25% against the euro in the last couple of years. these new survey. it's possible you'll see a bounce back but if the trend continues a stronger euro sign data, that could happen. >> maybe it's time for a tuesday said. lea: thank you for joining us this morning on train seven. mornings at aria starts right now. >> good morning, everybody. maria bartiromo. thursday, august 17th. 6:00 a.m. on the east coast. president trump ties to corporate america resolve. the business advisory council disbanded in the aftermath of response to the charlottesville attack. a massive candlelight vigil in charlottesville. hundreds of people flooding the streets comes hours after the memorial service for heather heyer. >> what happened to heather has

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