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tv   After the Bell  FOX Business  September 17, 2019 4:00pm-5:00pm EDT

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[closing bell rings] the markets turned all green. the final hour of trade, you cannot miss. we'll know what the fed has done and to interest rates. "claman countdown" will have your money on tv. melissa: stocks higher at close after kicking off a two-day policy meeting. the dow closing up 29 point there. we were down nearly 100 point earlier in the session. obviously turning that around. the s&p 500 and the nasdaq let's take a look at that, both closing to the plus side. s&p by quarter of a percentage point by almost half. this is first time in three days. i'm melissa francis. connell: i'm connell mcshane. nice close. boeing led the way into the finish. we'll talk about the big market movers. here is what is new at this hour. congress taking aim at silicon valley as top government officials are under fire.
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lawmakers renewing calls to split up a few of the biggest names in tech. the senate hearing just finished. we'll bring all the headlines from capitol hill. apple's investment in the u.s. the company unveiling a quarter after billion dollar commitment to american jobs and american manufacturing. we'll have an exclusive interview with apple's chief operating officer. that will come up later in the hour. benjamin netanyahu's career on the line. the polls just closed in israel. the prime minister is fighting to hold on to power. very, very close according to the exits. we're live in tel aviv with the latest on the race. melissa: fox business team coverage, blake burman at white house, gerri willis on the floor of the new york stock exchange, phil flynn watching oil, very important at the cme. grady trimble at a gm plant in detroit. lots to get to. let's kick it off with blake. reporter: president trump early today that tapping the strategic oil reserve will not be needed
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as a result of the oil attacks in saudi arabia. he spoke on his way to california where he will have fund-raisers there. the president telling those reporters saying quote, i don't think i need to but i'm willing to do it, speaking of the strategic petroleum reserve. he went on to say, i don't believe i need to. if we want to use strategic oil reserves i would open them up. the need seems less pressing now as saudi arabia's energy minister said the country's energy production will be at full capacity by the end of the month. >> translator: the company has recovered from damages from the attacks which consumed the state in a matter days. oil production capacity will reach 11 million barrels per day by the end of december. reporter: president has yet to firmly declare iran as the culprit of the attacks though u.s. officials tell fox and the drones and cruise missiles, originated, launched from iranian soil. the vice president today said more evidence is needed but he
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also reprised the president's initial warning from over the weekend. >> we don't want war with anybody but the united states is prepared. we're locked and loaded and we're ready to defend our interests and our allies in the region. as the president said yesterday, it certainly looking like iran was behind these attacks. our intelligence community at this very hour is working diligently to review the evidence. the secretary of state is traveling to saudi arabia today. reporter: there has been a question, connell and melissa, whether or not president trump would meet with his counterpart rouhani next week on the sidelines of the u.n. general assembly. president telling the reporters aboard air force one that he prefers not to meet. in iran the supreme leader ayatollah khamenei essentially shot down that possibility. >> blake, thank you. connell: price of oil was
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settling down. it was down more than 5%. you know about the gains yesterday, didn't give them all back but, phil flynn, this was quite a decline. take us through the trading day. >> it really was. it was all about how fast saudi oil production would come back online and throughout the day we got mixed signals. early in the day there was a lot of skepticism that the saudis could bring production on quickly and there was a lot of speculation. midday there were some unnamed saudi sources basically coming out listen, they're getting a lot of production online. it will be back up to full capacity. they threw in what a great country can do it this quickly right before the ipo. when the saudi oil minister came out and production would be back on line by september, oil prices really took another hit but a lot of traders are still skeptical what that means. there were some misleading statements in the report. yes they can bring production back online but can they process it? can they get to the type of oil
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that their customers want? a lot of their customers are not waiting around right now. we're hearing china, for example is booking tankers to get oil from the united states. we're hearing india is looking to russia to look for lost supplies. right now saudi arabia seems to be trying to calm the market, saying they will bring supplies back online but their customers are still a little bit wary. they're looking for supplies elsewhere. there is still of course the other issue of course when it comes to oil security. what is going to happen next? a lot of reports going around the marketplace today that iran is the culprit and that is really going to keep the market on edge going forward. connell: we'll see what tomorrow brings. for today below 60 bucks. thank you, phil. melissa: here to react liz peek, columnist and gary kaltbaum, kaltbaum capital management president and fox news contributors. as phil was going through, you have the saudis very much trying
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to convince the market that everything is fine. no coincidence they have this ipo coming up. this attack, the timing on it couldn't be worse for them. of course they will say everything is fine. i imagine the market will need to see them deliver before they believe it. what do you think? >> i think a healthy dose of skepticism is called for. the pictures of the damage done to facilities were pretty impressive and i think one thing that is a little confusing here, yes, they will be upping production over the next month but also early on they mentioned that they had pretty sizable inventories. my guess they will be deploying inventories as opposed to producing oil and processing oil. perhaps they have stuff ready to go. maybe that will sort of tide them over. but look, the underlying story of the oil market over the last two or three years has been a glut. just oil everywhere. melissa: yeah. >> we know that. i thought the oil price spike yesterday was sort of overdone.
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i'm not at all surprised to see it back off but let's wait and see what kind of response we get because there has been some chatter, if it is iran, why not go after their oil facilities? that would then really change the outlook for the marketplace. melissa: well, gary, they have a lot more natural gas, iran does but i guess probably the same proves true. although everybody benefits from this, in the sense that there was a lot of oil out there and this does tighten up the market. ironically this attack helps all oil producers whether you're looking at russia, saudi arabia or anybody else in the gulf? >> well, first off liz is right, there was an overreaction yesterday. it is normal to come down today and here is the the other part that's right. there is just a ton of oil around the globe, ready to go, ready to move, ready to be used and the market knows that is why the price came down big time today, probably will continue to come down unless something else
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happens. when you deal with iran you don't know if they will do something next. if they do all heck can break loose. i'm thinking, maybe even their cooler heads prevail and we'll come out of this okay. connell: we can hope. you guys were talking about the ipo. that is in reference to saudi aramco. the chairman of that company is now saying the initial public offering will be ready in the coming months. let's get to gerri willis with more on that. gerri? reporter: that's right, connell. what the saudi aramco chairman is saying that the ipo commitment by the government is solid. that it will come in the next 12 months. now if you follow the story in the past, you know that originally the government was saying that ipo deal would come in november. so saying it will come in the next 12 month, that means it could take longer to come to fruition. and the news over the weekend that the saudi facilities had been hit by a drone attack, it exposes a vulnerability to their business. they may be the number two oil producer in the world but they are exposed to vulnerabilities
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like that attack. bad for the ipo. i want to move on to boeing. that is what propelled the markets, especially the dow ending 33, almost 34 points higher. that stock up after the federal aviation administration chief steve dixon made it clear he was inviting 50 aviation safety engineers from around the world to come to a meeting about the boeing, the boeing issues with the 737 max jet. he would provide regulators quote, with useful information as you make individual decisions safely returning the fleet to service. that would seem to be trying to organize the world to approve the changes to the 737 max jet, something investors have been waiting to see. as you can tell what is happening with the stock, up 1.5%, more than that now, 1.4%, that is exactly what they got. good news for the dow today. good news for boeing. we'll see what happens tomorrow. connell, back to you. connell: definitely helped in the afternoon.
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gerri, thanks. melissa: day two of the united auto workers striking against general motors. nearly 50,000gm workers off the job. it is costing gm up to $90 million a day according to bank of america. grady trimble is live on the ground at an assembly plant in detroit. grady? reporter: melissa, the president said yesterday that he wants both side to reach a deal, the striking union workers as well as general motors. a new "politico" report says it goes even further. the white house is seeking to end the strike according to the report with an agreement that would reopen an assembly plant in ohio that gm shut down in march. all sides involved in this say that is simply not true. gm keeping their statement short and sweet. saying the white house has no involvement in negotiations. the uaw releasing its own statement, any white house intervention is news to uaw. meanwhile people here on the picket lines say they're not asking for much.
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>> we should be fair about it. how about come to reasonable compromise, how about that, instead of give or take, pull and take and give. let's come to a reasonable compromise. that is the only thing that we're fighting for. we're not trying to get rich. we're not. we're middle-class americans trying to take care of our families. that's it. reporter: what will it take to get that compromise? we're told one thorny issue is gm's presence in mexico. gm pushing back on that today, pointing out jobs at three u.s. plants grown much faster than the three sites in mexico. as for talks going on just a few miles from here. no major developments we're aware of. they do happen behind closed doors. it looks like we'll see more of this in the days ahead. melissa. melissa: grady, thank you? connell: more on gm now. years ago general motors would go on strike we would talk about the economic impact of it. i saw numbers in 1998, the strike shaved supposedly half a
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point off of gdp. but now, smaller company, fewer workers, should we be less worried what the impact on the economy would be if this thing drags on, what do you think? >> that is a good question. i don't think it will have much impact on the economy. more it's a harbinger of couple things. one is unions are fighting for their very survival, in a very hot jobs market we have right now the downside may be that unions feel empowered. guess what? companies don't want to lose workers. they don't want to challenge their workers and lose them in this kind of negotiation. unfortunately the uaw is a little bit of an off note because they're under enormous corruption investigation. it is reported that the president, the current president and former president might be indicted. so they have a whole different agenda going into these negotiations. i think that is why this has become so contentious and why gm over the weekend actually released their offer which is something a company never does. so it is kind of a mess. connell: it is, it is kind of a
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mess. if the union sees the world, gary in a similar way to the way liz described do they risk being too aggressive, asking too much, might it backfire? how do you see this? >> union knows they may have a little leverage how much gm is losing on a daily basis as well the auto industry is not doing so great these days. i say, it is tuesday, i say this is over by the weekend. connell: okay. >> because both sides lose but gm is really losing. you can't constraint supply chains in the auto industry. it destroys things not just for this week but weeks and weeks ahead. i suspect this will get done before the weekend. if not, nothing but bad news comes from it. connell: we'll watch it. gary, liz. thanks to both of you. melissa: polls just closing in israel. the future of benjamin netanyahu in limbo as the country votes in a repeat election whether the long-time prime minister stays
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in power. the breaking details and where things currently stand. connell: taking aim at wall street. elizabeth warren slamming big corporations as a key campaign theme of hers. could it backfire on 2020 stage? we'll talk to james freeman from the "wall street journal." he is next. melissa: former trump campaign manager corey lewandoski feeling heat from the congressional lawmakers. the first hearing in the democrats impeachment investigation into the president. the potential legal fallout this hour. ♪ ♪ (dramatic orchestra) performance comes in lots of flavors. there's the amped-up, over-tuned, feeding-frenzy-of sheet-metal-kind. and then there's performance that just leaves you feeling better as a result. that's the kind lincoln's about.
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melissa: saying the damage has been contained. saudi arabia predicting it will return to normal oil production by the end of the month. it has yet to point it is finger at it it neighbors. it has a team on the ground inspecting the oil facilities. to break it down, james freeman from "the wall street journal" he is also a fox news contributor. everybody is being very careful around this now. what do you make of that? >> i think the president echoing some of his 2016 campaign themes is saying this week, if it is confirmed iran, certainly looks that way, more so today than yesterday, given what they have
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learned about the what is the believe the flight of the missiles, very low, missiles flying below saudi radar. the president says it will be up to saudi arabia to respond. they have the third largest military in the world. if they can nail down that it did come from iran i would expect some type of a response. melissa: it surprises me they weren't armed and ready for this. i've been there. i have seen what defenses they have against the oil facilities. they know they are a target. they have all the money in the world. they can afford whatever defense they need. does it surprise you that they weren't better equipped for this kind of attack? >> i think it is surprising. i don't think it is the equipment as you point out. they bought up a lot of sophisticated military hard wear. i think it goes to the troops there and their level of competency. melissa: interesting. let me ask you about elizabeth warren. this was a big deal here in new york. she had a huge rally yesterday,
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doubling down on her fight against wall street. rallying against, railing against big corporations that have quote, bought off your government. take a listen. >> we're saying if you make it big, really big, really, really big, the top .1 of 1%, bigger than $50 million, then pitch in to so everyone gets a chance to make it. [cheering] melissa: right, because those people are not pitching in two cents already? >> yeah. also, we should point out "forbes" magazine says she is worth $12 million. she has made it very big, oddly in the allegedly non-profit education sector as a harvard professor. melissa: great. >> if the game is rigged it seems to be rigged in her favor. this latest pitch, the game is rigged and, big corporations
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have bought washington, it might make sense but then her answer is basically, let's, let's attack this big corrupt government by making it bigger. melissa: yeah, right. exactly. that, and she wants to create different bureaucracies that will level the playing field and will regulate these folks. for people outside of new york, you have to understand the optics what went on last night. >> yeah. melissa: let me ask you a little bit about that. she goes down to washington square park. she is standing in front of the huge arch. she gets a very big crowd. a lot of people in new york were excited to see her speak. she is railing against wall street south of there. these people who have been professed democrats, who are anti-trump and here she is, kind of taking the fight to them. it is interesting, they have to be saying why are you picking on us? we were on your side. now all of sudden, talk to me about the dynamic. >> this is another irony of her campaign, she is basically so
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far attracting upper income people on the coasts, people who have generally done better in this economy than people in some other places. i, whether she can appeal to the mainstream is a question. but one thing she has achieving in this new york visit, she is taking a lot of that vote that was for bernie sanders last time around, she got endorsement of the working family parties here in new york, which was, they were bernie bros last time. melissa: yeah. >> so i think she is succeeding in taking a big chunk of that coastal, upscale, hard left, part of the democratic party. whether the rest of the country buy this is message or thinks that actually things are getting better and wages are going up, i think that will be a big question for her. melissa: we sat here in these spots last time around. everything that is going on reminds me exactly the way bernie sanders came up on hillary clinton. you have people like
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juan williams telling me, biden has been ahead the whole entire time, what are you talking about. elizabeth warren has not been in front any point along the way. she is no threat. it is shaking out just like last time. she might get that nomination since, you know, you don't have biden, the dnc is not rigging it for him as they did for hillary clinton. last thought, real quick. >> i'm not sure she has the authenticity that some people saw in bernie. i think there will be a reckoning of her long time fraudulent claim about her minority status. melissa: james freeman. thank you. good stuff. connell: tell the bar sent you. ing lawsuit against the prime minister for shutting down the parliament. how the outcome could make brexit even messier. melissa: how could it get messier? connell: i don't know. that is what we call a tease. apple striking back in the streaming wars. the chief operating officer had
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connell: escalating the fight over brexit. if that is possible. the uk supreme court considering whether the prime minister boris johnson acted unlawfully in advising the queen to suspend the parliament. melissa: ow oh. connell: a ruling on this could come as early as thursday. steve hilton joins us host of "the next revolution" on the fox news channel you can see sunday evenings. you don't want to be lying to the queen i'm told, steve. day one of three on this, in the uk supreme court. they're all sitting for this. this is a big deal. can you see this going against boris johnson? >> yeah. but it doesn't matter. i think the important thing, i just want to convey to all of our viewers, i'm sorry to be disrespectful to my former home,
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constitutionally speaking over in the uk they're literally making it up as they go along. when we hear those words supreme court it may make us think of the supreme court here, a defined role in the constitution, separation of powers, nothing like that exists in the uk. parliamentary democracy in the uk has been around hundreds of years. the supreme court has been around for a decade. it was invented. it was created by tony blair. it doesn't have any kind of defined constitutional role. there is nothing that says how this should be handled. so the prime minister, boris john son is saying i don't care what you decide i'm going to do what i said i would do, which is what the people voted for, to take britain out of the eu there is nothing to say he can't do that. it is all a complete mess. we shouldn't be fooled by that language of supreme court and judiciary proceedings to think that this is some kind of a special situation. it really isn't. connell: fairness he works through this, you say it doesn't matter necessarily one day or
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another. that brings us to the 31st of october, there is no deal in place hypothetically, then what? he might be forced, johnson to delay brexit. do you see that happening? or does he get out promising he would do-or-die on the 31st? >> again it is not really clear because there isn't a written constitution. it is not defined. the point is that the british people as we all know vote, do you want to leave the eu or stay in the eu? the answer was we want to leave. the people gave them that decision, we don't like the answer. we disagree with you. so parliament, elected by the people is actually voted to overturn that decision. now they call it a delay. but really what they have done with the vote, that says to boris johnson, you can't leave on the 31st of october, you have to keep asking for delay. what they have really done give the power to the eu. boris johnson is saying you know what? if i asked for a delay, that transfers all this to the eu, it
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is not what people voted for. i'm going to ignore parliament because you said that this would be the people's decision. i'm honoring that vote. connell: we spent so much time, steve, talking here what happens if they come out with no deal. obviously wall street, businesses are concerned about that. sounds to me you think bigger concern might be to go back to the earlier point making it up as they go along, maybe there is long-term damage being done to the norms in the uk and to the government that you served in the uk. is that the case, if so, what are they? >> oh that is exactly right. and it has been a disaster because parliament simply, the members of parliament overwhelmingly are against brexit even though the voters chose brexit. that clash between the people and the establishment has really divided the country but totally undermined their faith in democracy. so they feel completely stub. that is why boris johnson is being so aggressive, he is
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saying look, this thing has divided our country for three years, destroying faith in our whole democratic system. we got to get it done, regardless of the cost, regardless of the economic cost, regardless of the cost to people's broken reputations in parliament, to his own political party. we have got to get this done and move on. i think he is right. connell: it is quite a mess, no matter which side. all sides agree on that. steve, thank you for coming on. >> great to see. >> shares of fedex dropping after-hours with drop of 14% of first quarter profit. citing increasing trade concerns and weakening global economy. fedex is implementing cost cutting initiatives to counter the effects of economic uncertainty. connell: speaking of a mess, 8 1/2%. benjamin netanyahu fighting for his fifth term. polls closed in israel. results of the snap election coming in. they could impact the whole region as we know them. live from tel aviv.
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melissa: netanyahu political fate hanging in the balance. polls show the race is too close to call after israelis has the second general election in five months. tray angst in tel aviv with the latest. how it is looking? reporter: melissa, we're getting preliminary exit poll results and not looking good for israeli prime minister benjamin netanyahu. a tight race in israel is not good for the current prime minister because you need 61 seats in the israeli knesset, their version of a parliament in order to lead. neither candidate, from the likud or blue party makes it to that 61 vote threshold. this ultimately puts a focus on third party led by a former defense minister lieberman. lieberman and netanyahu are not
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known to have a good relationship. additionally in interviews up to today, lieberman said he would like a left, liberal, secular government. not aligned with the vision of israel that israeli prime minister benjamin netanyahu put out. we do know that lieberman may push for a national unity government, something that netanyahu would not support. this puts the prime minister in a difficult situation if he wants to remain prime minister. there is number of outcomes that could happen. the way it works here in israel, over the weekend, early into next week, both parties make the case to israeli president rivlin, she will decide to give nod to one of the candidates to form a coalition government. whichever candidate riff inare gives the nod to has 28 days to form a government. if they cannot form a government, israel may have a third election this year. connell: a close situation. investigating the investigators. senate judiciary committee panel
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grilling top officials from the justice department, the federal trade commission over the antitrust probes into the nation's largest tech companies. edward lawrence live on capitol hill with the latest on this. reporter: connell, they're talking big tech, mergers and antitrust and whether the white house had any influence in antitrust investigations. the head of the justice department antitrust division said they had no contact with the white house over the antitrust investigations. the ftc said they created a anti-trust tack force. that task force is the one that built the case against facebook. they reported that five billion dollar record fine for misleading users over privacy. they confirm they're investigating facebook for antitrust violations. richard plume bloom says the agencies are not going far enough. >> i don't take issue with the fines but lack of structural change. you found in the course of your
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privacy investigation that in fact the company used its control over user data to sell advertising. that has antitrust implications, does it not, mr. simon? >> it's possible it could. >> but more than possible. it is what you should be investigating. reporter: the head of the antitrust division for the department of justice says they have several dozen attorneys in san francisco and washington, d.c., looking at antitrust violations. google is on their plate. vice president of global affairs for google says this, google services help people make choice and provide thousands of jobs and businesses across the united states. google is one of america's top spenders on research and development, making invests that spur innovation. the senators wanted to know about mergers specifically sprint and t-mobile. the head of the antitrust division of doj defended that approval. listen. >> you will have sprint t-mobile
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combined with the remedies that we put in providing real competition to at&t and verizon for the first time to consumers. reporter: he pointed to the 5g requirements that they had put into that deal for that merger as a win for them in order to have the 5g invests to create that competition. connell? connell: edward lawrence live on capitol hill. melissa: investing in the u.s. apple's latest move that might prove president trump's trade war with china is working. our exclusive interview with the tech giant's coo. that's next. connell: plus expanding its menu. shares of chipotle jumping today. the mexican restaurant is adding carne to its men use, nationwide. melissa: oh. connell: you like that? this is only a for limited time. this is the first new protein adding priso. that was too much of an accent. melissa: that's fine, the new item costs more than chipotle's
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iphones, your apple watches, your ipads, bret larsen from fox news radio sat down with chief operating officer jeff williams at that corning plant. jeff covered a lot of ground. what can you tell us? reporter: good morning or good afternoon, rather. we are inside the harrodsburg, kentucky, plant, the gorilla plant, the corning glass that is is made and you can see it coming off the assembly line as we speak. this story goes back to 2007. >> when we introduced the iphone, the iphone steve held up on stage, it was actually a plastic covered iphone. the way we made it, is similar to how we did our ipods, it was hard coated plastic. the next day he called and he said, you know, everybody was excited about the announcement. one problem. i've been carrying it around in my pocket and there is a big scratch on it.
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it has this big beautiful screen. he says i really think we should be using glass. i said, steve, we've been looking at glass. i think within a few years the technology will make it possible. he said no, no, you don't understand. when it ships if june, it needs to be glass. and i said, yeah, but we've tried. we looked at glass all over the world, when you drop it it breaks? i don't know how you are going to do it, when it ships in june it needs to be glass. it is really funny, couple days later, when dell, the ceo of corning called, your boss called me and said my glass sucks. anyway what was really interesting. he said he had an idea. corning developed this glass a decade or so earlier, that they had sitting on the shelf, really didn't have an application for it. we tried that. and, at first it didn't work. we kept working on it together
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with corning. and, finally the logjam broke. when we, when we shipped the iphone, it was with corning glass. it fundamentally changed the form of the iphone, how it was received. how the whole industry operates. that glass was developed right here in harrodsburg, kentucky. it is really, really quite a story. reporter: here is sort of the cooking segment here. we have, this is the recipe that they came up with that has evolved over the last 13 years to make gorilla glass. the sheets as it comes off, before it comes part of your smartphone. billions of devices around the world have glass that comes from this factory. we asked jeff about the ongoing trade war between the u.s. and china. how that will affect their ability to stay competitive with samsung. here is what he said about keeping that playing field level. >> when we think about tariffs,
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we basically have two very large countries with complex economies and, we know that there is some real issues to work through. however we're hopeful that that we'll resolve all of those. we believe that free trade helps everybody involved and so we're optimistic there will be a resolution on that situation. reporter: so a 250 million-dollar investment in the corning plant here in harrodsburg, kentucky, announced earlier today this morning on "mornings with maria". we talked about the streaming service, how much it will cost and when it will launch. i asked jeff if we were in the golden age of the streaming wars? >> the tv plus service is, it is, it is, we're going to deliver some content that is really, really interesting and thoughtful.
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we have some great shows lined up. on your question of the competition, we think there is plenty of opportunity for everybody in this space. there is a lot of content to be consumed. we're focused on making really, really wonderful content. we're going to deliver it for a monthly price that is basically the cost of renting one movie. and we think this is going to be good for everyone, and the fabulous storytellers that we're working with right now are so excited about working with apple on this. we have some great stuff coming. it is very early days of 5g and the experience isn't there yet for to us put it in an apple product. we don't feel like our customers would be satisfied with it. and so, we'll continue to watch the space for the future. reporter: a lot of ground covered in our interview with jeff williams. there is the coo of apple. we talked to them about their investment here in the corning plants in kentucky. they work with manufacturers in
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over 35 states here in the u.s. they also have partners in all 50 states including hawaii. i found out about that as well. they have have people who work in hawaii that make sure stores are set up properly. a lot of news out of apple today. the timing is really great. great to be here inside of the corning factory where there are literally hundreds of people to make sure when we drop our smartphones there is a solid chance we'll not pick up something that is shattered. connell: that is pretty cool, bret. the first story is a classic, the steve job story. get the glass in that phone no matter how we do it. reporter: we all heard about it. it is true. melissa: lewandoski under pressure, fireworks on capitol hill as president trump's former campaign manager answers tough questions from democratic lawmakers. we're breaking down the first of peach hearings. that is next. connell: living like a lord or lady. real live "downton abbey."
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>> how many times has the president xied you t meet him in the white house. how many times did you meet alone with the president in the white house in 2017? how many times did he direct you to deliver a message to his cabinet? melissa: the democrats first hearing as part of the impeachment investigation into president trump descending into a little bit of chaos. corey lewandowski is testifying on capitol hill. here now is andy mccarthy, former u.s. attorney and author of the new book, it's off and go
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get it. he's also a fox news contributor so what did you think of that performance what you saw so far today from corey lewandowski? >> melissa i think it descended into pretty much what we thought it would descend into which is an exercise in reading the mueller report. he let the committee know they were asserting executive privilege and that he was not going to testify about any communications, that he was not going to testify about any communications he had outside what was in the mueller report and everybody knows what that communication was, because mueller wrote it into the report , so basically they are just reading that again and again and again. melissa: he seemed to love it. he was very, you know, very prepared. he said where is this in the mueller report again? it took him a moment to figure out what he was doing was demonstrating that he was only going to refer to things in the report. they got very angry at him, and he seemed to love that.
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who do you think came out ahead today and it went as democrats hoped making him look un cooperate ever? >> i really don't think that i think its gone fine for the president and the white house because the democrats are starting out from a deficit. they are pretending to do impeachment when they actually have voted to do impeachment because the public has kind of lost interest in impeachment once mueller didn't find collusion. they aren't going to impeach him based on the episodes of obstruction which you could have a healthy legal debate about whether it really was or wasn't but it's not impeachment stuff. melissa: there was the one point i guess which was, you know, maybe it was the height of it when he said you were given this directive you were supposed to go tell jeff sessions that he was supposed to say this and this about the president, instead he put the note rather than delivering it to jeff sessions. did you do that. you know and paraphrasing
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because you were afraid he's like no i was going on vacation. do you think that he scored any points in the obstruction category by laying it out like that? >> yeah, i really don't, because it's not obstruction. first of all he didn't give the instruction. second of all, trump had the authority to shut the mueller investigation down, which is a counterintelligence investigatio n so it can't be about obstruction of justice, because it wasn't going to lead to any judicial proceedings. counterintelligence investigatio n is just an exercise in collecting intelligence about a foreign power. you can't really obstruct it like you can obstruct a criminal investigation, so to my mind the whole thing is a farce, but i don't think it's a farce that people are paying much attention to, because once mueller said that trump didn't conspire with the cream min in connection with the campaign, i really think people have kind of, you know, people who were very open-minded about this have kind of lost interest.
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melissa: andy mccarthy, ball of collusion, congratulations on the new book thanks for coming on. connell: we thank you for joining us today. melissa: bulls & bears starts right now. >> [chanting] david: major protests and contract talks resuming for a second day today as united auto workers continue their strike against general motors. nearly 50,000 workers demanding higher wages, better health care benefits and more job security, and now new concerns over how long the strike could last as gm , the uaw, and the white house all denying a report that the trump adminitration intervened in any way to help end it. we've got a live report coming up. welcome everybody. thanks for joining us this is bulls & bears i'm david asman. joining me on the panel today jonathang,


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