Transcripts For FBC After The Bell 20240713

This hour. Were waiting possible new comment from President Trump this hour. The president set to depart the white house shortly, make his way to new orleans. He is attending College Football National Championship game this evening. Well bring you any remarks from the president , if he stops to speak to reporters on the white house south lawn. Plus protests raging in iran. Third straight day weve seen this. Antigovernment demonstrations. Reports of forces firing live rounds and tear gas. Target, how it is what it means for your store. Melissa Edward Lawrence and blake burman are live at the white house. Edward, starts with you. Reporter melissa, a feeling of glee of folks in the trade circles i talked with the signing of the trade deal expected to happen on wednesday. The chinese delegation is now here at the hotel in washington, d. C. The one, the chinese are expected to sign that trade deal on wednesday but two, tomorrow the chinese delegation will meet with u. S. Businesses to try to get back some of the business that they lost through this sort of billions of dollars that they lost through this trade battle with the u. S. Their message to Industrial Companies as well as the general commerce business, as youre looking at liu he walk into his hotel today, basically china is open for business. The economists think that china will recover although some hardhit sectors of the u. S. Will also recover. They believe farmers will be hit. That well see a big gain out of this deal. We were the first to tell you this morning about the Foreign Exchange report from last october being released before the signing of the phase one trade deal. Also, a source in the china, tells us that the chinese will be removed as a currency manipulator in that report. That is one of the things that china wanted to be able to have before signing a phase one trade deal. Now once that deal is signed on wednesday, a Senior Administration official tells me it will be published online for everyone to see. Im told that the entire section related to protecting intellectual property is inside of that deal. That could be a gamechanger for american businesses going forward, for decades to come. Back to you. Melissa edward, thank you. Connell Heritage Foundation Research Fellow head of Chinese Security affairs. Welcome to the show. Edward doesnt have the text. We bloom wee get the before the signing on wednesday. What you have been able to read and find out ahead of time, which side do you think gave in more before this phase one . Obviously until the document is revealed and signed we cant be sure but if the chinese have actually agreed to two key provisions, to stop theft of intellectual property, and to agree to that there will be certain consequences if they renege, thats huge. That has really been the core of the u. S. Position. You have to agree to that and if thats in the phase one, that really is a gamechanger as your correspondent noted. Connell some of the speculation ive seen ahead of time, indicated possibly to that point, xi xinping the president of china may have wanted to buy himself some time and was willing to give in on some of these issues, buy time, so that Chinese Industries that are preparing to maybe decouple, the new buzzword of, new decade i guess, decouple from the United States, that they can become more selfreliant. They can go out their own that theyre not quite ready yet. What do you think of that theory . I think thats, i dont know that would be why xi xinping may have made this, or authorized this concession but i think it is absolutely true. People sometimes think china has much more power than it actually does. Huawei, zte, their two Big Telecommunications companies are actually still dependent, one on american microchips and one on the android operating system. Connell at the end of all of this, edward mentioned meetings are going on or will be between the chinese delegation and american companies, what will the relationship look like . Everyone is focused, phase one, phase two, what will the relationship between the two countries look like five years from now do you think . Well, first off, it is important to think about what a phase two or even a phase three may look like. This is the relatively easier part, the ag portion in particular is the easier part. Well probably wind up with ip issues continuing to irritate both sides. And i think that, what this is, what this trade war sent a message to everyone else, it is not a given that the u. S. And china will stay coupled. I think a lot of third parties, indonesia, vietnam, mexico, will benefit regardless of phase one. Connell right, the phase two part you referenced, even the president himself hinted we may not see that right, before the election . When do you think they will get serious putting something on paper after the phase one is signed . Considering how long it is taken just to get phase one through, remember, we were supposed to see phase one at the apex summit which was canceled back in november. You know, these are the easy parts. This is the lowhanging fruit. So phase two is going to be some really ugly, to borrow from a current movie, i think it will look like 1917 for the trade negotiators. Connell well see what happens on wednesday and deal with the rest. Dean, thanks for coming on. Melissa bracing for a showdown. Of the House Speaker nancy pelosi says she will send the articles of impeachment to the senate by the end of the week as the president issues a new warning to iran. A lot going on. Blake burman at the white house with the latest. Blake. Reporter melissa the expectation here in washington that nancy pelosi and House Democrats will initiate the process 24 to 48 hours to send the articles of impeachment over to the senate. It remains unclear, there is a little bit of a shift over here as it relates to the president , what might happen after that, and what his preference is after that. Because as you remember, recently as friday when he sat down with our colleague laura ingraham. The president liked the idea of a senate trial, bringing up the possibility that his team could call joe and hunter biden as witnesses. However over the weekend he believed that the trial would give undue credibility to the process this is a tweet. Many believe by the senate giving credence to a trial based on no evidence, no crime, read the transcripts, no pressure impeachment hoax. Rather than an outright dismissal, it gives partisan democrat witchhunt credibility that it otherwise does not have. I agree. Now the White House Press secretary Stephanie Grisham was asked about this today. She says the president does back republican senators who want to dismiss the articles outright, but if that doesnt happen, then white house expect as fair trial. I think the president s communicating that there should be a dismissal because he did nothing wrong. Obviously he would want a dismissal of everything but at the end of the day if it does go to the senate for a trial he does want it to be fair which is all he deserves. Reporter you mentioned iran. The president sent a handful of warnings to that country, with tweets even written in persian not to harm the protesters weve seen take to the streets over the last few days. Those protesters are directing their anger at the Iranian Regime who admitted to unintentionally shooting down that Ukrainian Airlines flight last wednesday that killed all 176 on board. You might be able to hear marine one behind me. The president is set to leave the white house here any moment. There is a Football Game that the college kids at clemson and lsu will be playing to night. The president and first lady headed down to that. Well see if we hear from the south lawn shortly. Melissa that sounds like fun. We heard the noise. We thought you were mowing the lawn in between live shots. Reporter that is what i go home to do next. Got it. Thankthank you. Connell shares of boeing ending slightly in the green today, up 30cent with all the issues continuing for the u. S. Plane maker. Treasury secretary Steve Mnuchin says the crisis is now weighing on the entire u. S. Economy. There is no question, that the boeing, the boeing situation is going to slow down the gdp numbers. Boeing is one of the largest exporters and with the 737 max i think that could impact gdp as much as 50 basis points this year. Connell now with a new ceo in place, lets go to Kristina Partsinevelos for more on boeing. Kristina . Reporter the crisis for boeing continues. You have a new man at the head, dave calhoun but i would like to talk about Dennis Muilenburg for a second. That is the former ceo. He worked at the company 30 years. He was pushed out in terms of how he handled the 737 deadly crashes. Youre wondering how much did he walk away with . 62. 2 million. May sound like a lot. He is not taking 2019 bonus or additional severance package. Dave calhoun, he is known in the industry as a turnaround specialist. He has experience at blackstone as well as ge. Everybody loves to hear about the salaries. Making a base of 1. 4 million, with possibility of additional millions in bonus, including 7 million if he gets the 737 max in the air but other news in the boeing space, boeing suppliers two, woodward and hextel planning all stock merger. It would be called woodwardhexcel. The share price is up almost 10 today. Overall this is quite a story for boeing that seems to continue to rock the entire industry given there is no firm timeline for when those 737s willing back in the air. I switch gears completely and end on tesla, because tesla continues to ref forward despite short sellers hate that look at tesla, up to 525, up almost 10 . Oppenheimer analyst note increased the price target from 385 all the way to 612. They believe the stock will continue to go forward. It has a lot of growth potential. They say tesla pose as existential threat to transportation companies. You have a few more analysts who say you should be taking your profit now. What a run for the company. Im sure a lot of short sellers are not happy. Connell youre right, 420 was the old magic number. Above 520 now. Melissa weighing new comments from President Trump. The commanderinchief set to leave from the white house any minute to make his way to louisiana to attend the collegeship game. Well bring you any headlines from the president if he talk this is hour. Connell possible truce in the royal rift. What future could hold for harry and megan after the had emergency sum it at her state. Melissa an emergency. Connell thats right. Melissa streaming its way to hollywood history. Netflix picking up most Oscar Nominations for any studio in the Academy Awards. Will the giant bet pay off . Were breaking it down this hour so you only pay for what you need. Only pay for what you need. Liberty. Liberty. Liberty. Liberty. Aleits a master stroke ofes heartachew. And redemption. The lexus nx. Modern utility for modern obstacles. Lease the 2020 nx 300 for 359 a month for 36 months. Experience amazing at your lexus dealer. Most people think as a reliable phone company. But to businesses, were a reliable partner. We Keep Companies ready for whats next. man we weave security into their business. second man virtualize their operations. woman and build ai customer experiences. second woman we also keep them ready for the next big opportunity. Like 5g. Almost all of the fortune 500 partner with us. woman when it comes to digital transformation. Verizon keeps business ready. Wthats why xfinity hasu made taking your internetself. And tv with you a breeze. Really . Yup. You can transfer your Service Online in about a minute. You can do that . Yeah. And with twohour Service Appointment windows, its all on your schedule. Awesome. So while moving may still come with its share of headaches. No kidding. Were doing all we can to make moving simple, easy, awesome. Go to xfinity. Com moving to get started. Melissa fox business alert. President trump is about to leave the white house. He will make his way to new orleans to attend the College Football National Championship game. Well bring you any comments from President Trump, if he stops to speak to reporters on the south lawn. He may speak about iran the public fury has been growing in iran. Protests raging for a third day after the government admitted to accidentally shooting down a ukrainian passenger plane and killing all 176 people on board that plane. To fox news correspondent Benjamin Hall in amman, jordan, with the latest from the region. Reporter connell, good evening. Those protests continue to pretty over the weaken and into monday. 17 provinces in all have now seen them and the anger growing as well ever since iran finally admitted it shot down, it was behind the downing of the ukrainian plane which left as you say 176 people dead, most of them iranians. As those protests got underway, police are reported to have used live fire ammunition and tear gas to dispurse them. Pools of blood could be seen on the ground where the riot police attacked. Secretary of state mike pompeo speaking in the last couple hours warned the iranians not to harm protesters. Right now you can see it. The iranian people are in the streets. They are likewise, there in astounding numbers in spite of enormous personal risk to themselves. Theyre burning posters and billboards with soleimanis face on them and chanting, soleimani is a murderer. They know he was one of the key architects of their oppression. Reporter remarkable images as well at one university in iran. Students purposely avoided stepping on u. S. And israeli flags, something they had been encouraged to do since 1979 but yesterday, instead they chanted the u. S. Is not our enemy, the regime is. They lied to us. They are obsolete. Khamenei and soleimani are the murderers. Were also getting the first look at alasad base attacked by missiles yesterday. Seeing the destruction those 10 missiles left, it is amazing no one was killed. U. S. Intelligence is being credited for saving the lives by giving troops Early Warning to take cover. These protests come on the back of protests across the country coupled with campaign against the administration. Many say iran is on the back foot. Connell. Connell Benjamin Hall in sword dan. Melissa chris harmer, thank you for coming back. I want to ask you as we watch this thing go it iraq, what are the possible outcomes here . I dont see a lot outcome but a lot of blood and violence of the regime look invulnerable up until they arent. If you look up to the cold war, the ire curtain dissipated in relatively short order, that was relatively peaceful collapse. The way Iranian Regime is structured. There is no possibility they give up power peacefully. No place for them to go. Iran is the one of the few shia majority countries, this is shia and jihadist. They have nowhere else to go. They will dig in and i think start killing protesters in the near future. I dont mean to be glib. Weve studied Iranian Regime. They are who they are and they will do what they do and they will respond with violence i believe. Melissa i heard one expert, one possibility they saw, could be somebody, or another faction within the regime who sees the vulnerability of the guys at the top and could replace them and maybe it is a boris yet sin yeltsin, type person or somebody not as extreme as those at the top. What do you think of that. Utterly ridiculous. They have been in place 41 years. They know who the loyalists are. They have very coherent philosophy. It is despicable, hate filled and built allowed the literal destruction of israel there is no quote, unquote, moderate faction within the iranian government. The guards corps, they have infiltrated every aspect of the iranian society. They own all Major Industries or control all Major Industries. They control all financial institutions. They own strategic sectors of society. There is no way they give up without a fight. There is to way for moderates to get traction. I hope and pray there are peaceful transition of lunatics in power to out of power. I dont see any way for that happening because of the way they structured the regime. Melissa would it be possible for people to topple the government there. No. Melissa really. Were not talking about, in the soviet union, it was based on a political series of missed assumptions easily disproven over time. When youre dealing with religious theocracy it is a whole different ballgame. Middle class iran, such as it exists they know it asset of lies. They know israel is not the enemy. That america is not the enemy. They know the regime is stealing all the resources of the country but you have got a lower class not as educated, that doesnt have access to information the way we do. The same Way University students do, the regime maintain as strong core of support there. The way the regime, go ahead. Melissa protesters, who are the protesters were seeing . Looks like there are a lot of them. There are a lot of them. I dont mean to diminish the size of the protests. I have a lot of respect. It is widespread. It covers every sector of country geographically and starting to cover every sector of the country demographically. There is solid base of support, 25, 30 of the iranian people support the regime. That is enough for them to survive. Look what happened in syria there was never a point where 15s, 20 of absolute most of body politic of people of syria supported bashar alassad. Yet he is still in power nine years after the Syrian Civil War started. I think most likely outcome is like the Syrian Civil War you eventually see a armed insurrection of the problem iranian people dont have access to weapons to defend themselves or attack the regime. The regime is completely flush with cash and firepower. I desperately hoping, yes, in fact praying there will be a peaceful out come here but i just dont see it. Melissa chris harmer, thank you. Thank you. Connell we may hear President Trump talk about it in a few minutes. He is talking right now to reporters on the south lawn of the white house. You know how this works by now. Heading to louisiana for the Football Game. Once he is done well be able to play that back for you. Well bring you the headlines from it. Stay tuned for that. Plus the administration is out courting Silicon Valley. A top cabinet official in fact is set to sit down to have dinner with some of the big names in the Technology World which well talk about. Finally how target is aiming to beat the retail apocalypse by going small for a big impact. I saw you eating poop earlier. Hey my focus is on the road, and thats saving me cash with drivewise. Whos the dummy now . Whoof whoof so get allstate where good drivers save 40 for avoiding mayhem, like me. Sorry hes a baby my body is truly powerful. I have the power to lower my blood sugar and a1c. Because i can still make my own insulin. 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At Fisher Investments were clearly different. Melissa fox business alert. President trump making brief comment to reporters about tonights College Football championship game, answering one question on iran. He is currently enroute to joint base andrews. We are going to bring you the president s remarks just as soon as we turn those around. Connell while we wait to cue those remarks up lets talk about mike pompeo for a moment, secretary of state, set to wine and dine out in Silicon Valley. There are reports saying that pompeo will meet with some big names in the world of technology and have a private dinner tonight. This amid fears of iran retaliating against the United States with the possible cyberattack. Adam lashinsky joins us right now. Adam of course is fortunes executive editor, also a fox business contributor. Larry ellison and many others are supposedly going to be at this dinner. I guess you talk iran, cyber or any host of other topics that could come up with the secretary of state. What do you make of it . He is a very good politician who had a lot of interesting roles just in the last few years so i think he is a pretty easy Administration Official for anyone in Silicon Valley to meet with. That said, some of the rumored people meeting are global business, Larry Ellison of oracle or very interested in politics like Mark Andreessen who was once a democrat and now probably isnt. Connell what is the relationship or how would you characterize the Silicon Valley Trump Administration relationship right now . Cordial, you know. Much has been made of tim cooks relationship with trump which has been very transactional and cordial and very good for apple an probably a little bit good for President Trump and that kind of sums it up. These are Business People first and foremost, no matter what anybody else tells you. Connell cordial, transactional, youre definitely right about that. Couple other topics adam, while we have you here. Taming political donations and city of sea at that time he will proposing pro probably approving legislation banning political contributions from companies with at least 5 ownership. Apparently aimed at amazon. The idea is to prevent corporations in general, we suppose it is seattle, amazon in particular from all of this political influence. Amazon is about 9 owned by foreign investors, which, at least thats what i read but this is kind of an interesting move from seattle. Well, interesting but predictably, seattle and San Francisco have a in common, that they have very large, very successful corporations primarily in the Technology Industry and very liberal legislatures in the city government. They really, i think it is fair to say are not the biggest fans of capitalism. So this would be on a long list of things you wouldnt be shocked to see from them. Connell this is like a, maybe Foreign Ownership . How much does apson have . Well make it five. That is what it responds like. That is very generous of them. Connell Academy Awards nominations came out with netflix 24. This isnt your world, tech colliding with, maybe surpassing in some ways hollywood, that is a pretty good performance from netflix. It is and you know, people who arent paying attention to netflix as a business will say, oh, my gosh, they have come out of nowhere. The fact they havent come out of nowhere. They have been spending big, big bucks for years now. I know that makes people in hollywood very envious because even though netflix doesnt make a lot of money on an accounting basis they have a lot of money. Theyre able to spend a lot of money and, you can buy quality in hollywood. Connell doesnt mean youll win. Everybody making a big deal how they went to the Golden Globes with 34 nominations. They had only two wins. But getting all the nominations says something about the quality. What about the Business Model of spending, spending, spending on content for netflix . Well ill analgize it to amazon which spent and spent and spent for many years and not terribly profitably until they found a business, amazon web services, that did make, does make a ton of money. I think netflixs plan, netflix is highly indebted but their plan is x years from now there will be three large players standing who you have to have the subscription, therefore you can make a lot of money and they hope to be one of them. I dont know if it is going to, work but that is the gameplan. Connell Adam Lashinsky always good to see you. Thank you. Melissa debating the details of megxit. The Royal Family Holding a meeting on prince harry and Meghan Markles. Im very suspicious of all of it, very suspicious. Connell the duke of webster will have all of this. How you save a fortune before you book your next flight. Were breaking down the most expensive days to travel in the new year. Melissa were finally getting an answer after more than 70ers. Cheetos officially giving a name to the dusty cheese residue stuck on your fingers after eating the snack. Connell oh. Melissa calling it cheetle. The orange dust symbolic of cheeto fans. I dont need some of that. Y on what you want. Okay, its got screeners and watchlists. And you can even see how your predictions might affect the value of the stocks youre interested in. Now this is what im talking about. Yeah, itll free up more time for your. Uh, true crime shows . British baking competitions. Hm. Didnt peg you for a crumpet guy. Focus on what matters to you with thinkorswim. 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Or new or unusual pain in your hip, groin or thigh, as unusual thigh bone fractures have occurred. Speak to your doctor before stopping, skipping or delaying prolia®, as spine and other bone fractures have occurred. Prolia® can cause serious side effects, like low blood calcium, serious infections, which could need hospitalization, skin problems, and severe bone, joint, or muscle pain. Are you ready . Ask your doctor how prolia® can help strengthen your bones. Melissa all eyes on the new modern family. The queen announcing support for prince harry and Meghan Markles decision to move to canada, yeah, right after constructive royal family meeting. Ashley webster live in the newsroom with details. Do i have to detect a slight, slight message of sarcasm for the royal family, Melissa Francis . Maybe. The listen, the queen gave a statement after the big facetoface meeting between herself and harry and william and charles. Boy, wouldnt you love to be a fly on the wall there. A statement came from the palace after the meeting i thought was very cordial from the queen. Was unusually personal for her. She talked about my family, my grandson, saying she would have preferred them to stay in their current roles. But she says look, we understand we want to be out there as a independent couple. We understand you want to be financially independent. Of course all these questions come up now, exactly how are you going to do that . Are you going to keep your royal titles . The fact that the queen called them harry and meghan leading some to believe that could mean no royal title down the road. Where are they going to live . What about visas . What about taxes . Are they paying taxes in canada and the uk . There is a million things to do. Exactly what role will they fulfill. Melissa sorry, ashley. President trump speaking to reporters at the white house moments ago, lets listen. It will be a great game. It will be something that a lot of people want to see and well be in new orleans. We look forward to it. Stock market way up. Country is doing really well. Well see you at the game. Reporter what does the intelligence show about the [inaudible] what does the intelligence say . I think it has been totally consistent but here is what has been consistent. We killed soleimani, the number one terrorist in the world by every account. Bad person, killed a lot of americans, killed a lot of people. We killed him. When the democrats try to defend him it is a disgrace to our country. They cant do that. Let me tell you, it is not working politically very well for them. So we killed the number one terrorist in the world, soleimani and it should have been done 20 years ago. See you at the game. Thank you. Reporter [inaudible], quick comment on iran. Not adding any new information. The president walking off to marine one, eventually air force one, down to new orleans. Clemson, l. Melissa mentioning a lot of people wants to say. That was a true statement. A lot of people want to see the game. Connell meantime, revamping retail. Were talking about target, talking about the small store strategy, could end up giving it a big pay day. Well be back. Your Car Insurance so you only pay for what you need. Almost done. What do you think . I dont see it. Only pay for what you need. Liberty. Liberty. Liberty. Liberty. Stay resthe new rx,the icon thatcrafted by lexus. Lease the 2020 rx 350 for 419 a month for 36 months. Experience amazing at your lexus dealer. When crabe stronger. Strong, with new nicorette coated ice mint. Layered with flavor. Its the first and only coated nicotine lozenge. For an amazing taste. That outlasts your craving. New nicorette ice mint. Connell here is a retailer doing some big things by going smaller. Target is trying out a new business strategy, increasing sales, avoiding the retail apocalypse think hope but adding smaller version of its stores in affluent neighborhoods like here in new york city on Upper East Side of manhattan. Jackie deangelis is there with details on the strategy. Jackie . Reporter connell, that is exactly right. Were at the Upper East Side, a affluent neighborhood here. This is target micro store. This opened before the holidays, part of targets strategy merging the online experience with the instore experience. I can click and order on the smartphone or my computer. I can pick up here in the store. I can return here in the store. Hey, maybe when im in there i will buy a few more things too. This is at a time when brickandmortar is really struggling. Weve reported on countless numbers of other chains closing stores. Target is actually expanding. I talked to a lot of folks in the neighborhood who said when it comes to the local grocery store, they come to target to get paper towels and chinaing supplies because it is cheaper. You cant compete on price. As a matter of fact, in this location, there is a gracious homes store. Now only across the street that had to consolidate and target came in to take over. What is interesting, a lot of people talk about the convenience, saying they like it up here. One women stopped me, you know i was initially against it, because i didnt want another big box up here. It does really help a lot when youre in a pinch and you need something. There are different views, different sides to every story. Another one of these will open across the park on the west side as well. Target is having a lot of success with them. You can stand back to say the rent is probably a lot. Are they making end meet . They continue to open the stores and they like presence, again, combined with the online, theyre really neat and really sleek. Theyre well lit. They make you feel good when you go inside. They dont have the total inventory you find in suburbia but they have a lot of stuff, guys. Connell interesting. Jackie, thank you. Melissa here to react jonas max ferris, founder of maxfunds. Com. Fox news contributor. Im sold. Going directly to target on the way home. She talks about the rent, target is not cheap. Their stuff is very cool and fashionable and fun but it is not really cheap. What are your thoughts on these stores . Ive been one of these mini targets. They opened one on south beach. It is really, really nice. You wouldnt think that is a target. Their plan to get further away from walmart. They were nicer than walmarts. That is becoming more important to deliver a actual store experience upscale, to buffer against the online threat walmart and amazon obviously is offering. I think it is working, it is a nice store. It was doing very well. It was a Good Shopping experience. Melissa from target to walmart, reports that the retail giant is expanding the use of shelfscanning robots to 650 Additional Stores this summer. The bots help reduce out of stock shelves, which cost retailers worldwide nearly a trillion dollars in lost sales. Jonas, what do you think about this one, robots going up and down the aisle. I always feel bad when i see someone straightening up a mess someone made on a shelf looking for a particular color. I dont feel bad when robot does it. You will when they have full Artificial Intelligence and personality. Target spent almost 100 million already. A lot of customers in the pipeline arent public like walmart. Its a very expensive computer. In fact people, it is debatable whether this even makes sense at this level, compared to hiring somebody. Is not just like, walmart knows when they sell something, literally theft it replaces, you wouldnt know if that happened or customers misplace stuff. It works alongside consumers, going up and down the aisles. It is the future. Theyre a very early adopter. Obviously they think it has the potential. Its a big order. Melissa looks like i will get run over by it. When you hit video. It has lidar, wont hit people, because the liability would be far in excess of rogue employee. Melissa that is what they say now. You think your car cant talk . Check out elon musk isolatest show. Youre staring. That was the car talking, jonas. Dont stand there staring hop in. All we need more noise on the street. Now the cars are talking too . There is a reason this companys market cap is gm and ford combined now. This is little more alexa than like kit in knight rider. This is really a lot of it is gimmicky. It will make fart noises and stuff. The future of this companys support of market value, it has to essentially supply the cars to the ubers of the world and you need a car to talk because there will not be a driver when it comes to pick you up. It is a very important feature. This is not like video games they have done in the car before. This become as software valuation, you can legitimatize it as opposed to a car company valuation. Melissa thank you, jonas. Connell uber making fart noises that is the future. Melissa please. Connell does the perfect parent exist . There is a new report saying the average parent makes 221 mistakes a year while raising their child. You take that number every year until the child is say 18 and it adds up to nearly 4,000 mishaps over the childs life and any parent will tell you that number has got to be low. Who better to ask about all of this, than our own david asman. I only raised two kids. I dont know. I didnt have 14 children. The more kids you have, the less you can be bothered by these stupid surveys because you have to do what has to get done you know . You get all the kids working together. You dont care if theyre going to eventually need a psychiatrist because you yelled at them one or twice more than you should have. They turn out to be basically i think, better integrated into the world than those of us that become obsessed with every little thing we do. Connell sure. Because we only have two kids or god forbid we only have one kid. I think more kids you have the easier it is you cant afford to constantly question whether youre doing the right thing. Youre the parent. Theyre the children. You have to get things done. You got to get in the car, even if you have to maybe, give a little pat on the fannie to get them in a little quicker. Connell you beat yourself up about all of this. I am not recommending anything to anybody. All im saying dont obsess over the details. Connell because if you beat yourself up, everybody makes some sort of a mistake. I actually do think it has to be average of one per day. Im sure my kids say two or three or whatever. Whats coming up today, bulls bears. Christian whiton will be on. He will talk about the very latest with iran. What is happening there with these protests. Does it mean we get regime change eventually. Does President Trump get the credit. Eduardo neret from campus reform. A new survey over 1 3 of young people would rather live someplace other than the United States. Is this a problem and coming directly from the education were paying tens of thousands of dollars every year for. Connell maybe the parents made too many mistakes. David, see you at top of the hour. Melissa caught stealing. In october, the Houston Astros lost the world series today, bigger loss, is being handed to the team. Details right here. Plus planning on hitting the friendly skies this year. Find out the best times to do it. Thats next. At fidelity, online u. S. Stocks and etfs are commissionfree. And when you open a new brokerage account, your cash is automatically invested at a great rate. Thats why fidelity leads the industry in value while our competition continues to talk. Talk, talk while our competition continues to talk. Most people think as a reliable phone company. But to businesses, were a reliable partner. We Keep Companies ready for whats next. man we weave security into their business. second man virtualize their operations. woman and build ai customer experiences. second woman we also keep them ready for the next big opportunity. Like 5g. Almost all of the fortune 500 partner with us. woman when it comes to digital transformation. Verizon keeps business ready. And you know what they isay about curiosity. Itll ruin your house. So get allstate and be better protected from mayhem, like meow. Melissa if you are planning aflight, avoid key dates for sake of your wallet, high prices are february 1417. Fridays and sundays are most expensive days on fly in march, april and may, if you are planning a european get away, watch out for price tags on march 26 and may 14. But first major price hike june 4. With peak pricing lasting until third week in august. You it make summer flights cheaper flying on unpopular days like mid week and saturday. Winter is the cheapest. Are you taking notes. There are a thousand things. Connell just take a flight tonight. A Public Service announcement. All right, houston, we have a problem, not the texans, yesterday. Losing the game, it is the baseball time, astros remember today of they fired their manager and general manager after Major League Baseball brought the hammer down on them for stealing signs. From their opponents, former assistant gm, was additionally put on the ineligible list and team fined 5 million, they lost draft picks, it say mess. You can hear jared to radio in morning. Can you explain what they were doing first . For people who are not following this. They used a rather detailed way to figure out what pitches would come from opposing teams, one finger fastball, two finger slider, and or a changeup, they would go through it is a dirty method. A center field camera, with machine inside of dugout with a large monitor watching what pitches would come, relay that to batter on a littl a plate e plate by smashing on a garbage can. Connell they got caught, they were using technology. Camera. That makes it difference, and they won the world series. People say was it tainted . I believe it is strongly tainted. Why did the patriots cheat, why did you can look at it, cheaters cheat, astros got busted, and past year in playoffs when yankees brought it to attention of Major League Baseball, they brought astros were teaching again, the manager was pompous about it he said if we did that we would practice in spring training. While they lose their jobs, they get suspended without pay for a year, then fired, the players are those who did this. But these guys knew. Back to baseball pressing. One blackstock scandal, shoe less joe jackson, banned from baseball, he knew his teammates were conspire ing to throw the world series and did not report it. Connell that is how rosenthal and other reporters found out that other players on the team. A former pitcher bursted them. Connell alex cora, manager of red sox, he was bench coach, he could be in trouble, and the players, one of best known involved Carlos Beltran at the time of the not disciplined but he is now manager of mets. Yes, bell tron and cora they had a large role in this. After reading manfreds report, i believe beltran better keep a really clean note wit nose wh the mets. The cora ruling will come after investigation of the 2018 red sox, i think that coras days in baseball are numbersism. Connell a big deal. An embarrassment to baseball. They say if they get caught again, they are banned for life. Does this set a precedent, if nfl finds that patriots did the cheating spying again, what does that mean. Connell interesting, are careful there bill belichick. A big deal in baseball world today, they are out, owner fired them. Go way. Thank you for joining us yeah, fascinatingism yo melissa fascinating. Connell you dont care, like high and disney or something. Melissa bulls and bears starts right now. David secretary of state mike pompeo. In Silicon Valley meeting with tech leaders that include Larry Ellison from her oracle to drusm udrawmdrumup support. Tehran admitted it accidently drowned the ukrainian passenger plane. This players players, thank you for joining us, i am david asman, joining me on the panel, gary kaltbaum, liz peek, zachary and kevin oleary, we look at this new york post