The latest on the road ahead for its potential vaccine. Retail back in the spotlight again, once again, two companies that have remained open reporting target and lowes. Markets this markets posed for higher opening. Dow trails up 294 points right now, 1 and a quarter percent higher, s p up 33 and nasdaq higher by 103 points. All averages better than 1 . Concerns over modernas vaccine trial led to lateday selloff yesterday. Delta Airlines Adding Flights as the country reopens. Ceo of delta is here ed and find out when he expects to see domestic and International Travel bouncing back. Measures to keep passengers safe and boeing prediction that Major Airline will go out of business by the fall. Demand for car products risen 500 . Hard to find on store shelves at 8 30 a. M. Clorox ceo, how they are trying to meet demand nor 5 Dividend Increase and what the future of the business holds. Clorox this morning. Newly declassified email from susan rice showed she tried to protect then president obama and blames james comey for withholding russiarelated intelligence from flynn and the trump team. This as flynns lawyers take case to the next level. Mornings with maria is life right now. We have earnings beat right out of the gate, lowes with Quarterly Earnings, lets go the Cheryl Casone with the numbers. Cheryl stock up almost and a half percent right now. They came in at buck 77, so substantial earnings beat for the company, 8. 3 billion, they came at 19. 68 billion. We heard from retailers yesterday, remember, this was a stock at 60 back on march 18th, its now 122 and change, also, the companies saying that in the u. S. Samestore sales up in the quarter, overall in total international 12. 3 . We do have a beat for lowes. Really quick, i want to add this, they told us they spent 340 million to support employees and we have seen give support to Employee Base and hiring and looks like lowes has been pretty darn busy and better than rival home depot looked yesterday, maria, back to you. Maria look at the Comp Store Sales, cheryl, up 11 and a quarter percent. Big numbers here. Stock sup 6 right now on lowes, it is moving fast showing a gain of almost 7 . Joining me to talk about this and what it means for broader average cochief Investment Officer hank smith and also joining the conversation is fox business Dagen Mcdowell, ubs Financial Service private wealth adviser alli mccartney and republican strategist joseph pinion. Good morning to all, great to see you, hank, lets get into the retail story, nice numbers from lowes, the stock is soaring right now, up better than 6 , what does this tell you where we are in retail and the broader economy . Well, it tells you a couple of things, big picture in the retail space is very clear, maria, there are winners and there are losers and very little in between, lowes is in the category of a winner. It shows that theres pinned up demand for people particularly because its springtime to go in and get the stuff for their loans and other necessities. I think we have a reopening story that could be very powerful here as consumers get back to their animal spirits and consume. Maria yeah aalli mccartney you have stock up 8 telling the story of real resilience here. All 50 states reopening in some capacity today, alli, how does that tell you about how to invest ant the the economy right now . Alli lowes is a great example. I looked at credit card data over the weekend and travel and leisure down 90 , one of the biggest beneficiaries was home improvement. We are spending a lot of time at home. Whether its buying one or two things. Average ticket price or average sale price larger than usual. I guess the question is how much business continue. Do you see this as sort of a buying forward and pulling demand forward for a lowes or do you think this can continue for the next quarters . Absolutely. It all really depends on the reopening and getting businesses and back into production and employees back to work. You know, right now fiscal stimulus is the bridge in terms of payments to the unemployed, so that is the variable here, is reopening occur without hitches and only time will tell, certainly theres got to be buy ahead here. Lowes isnt too far off where it was at the beginning of the year and here we have today 15 Million People unemployed, probably higher than that, so there is a little bit of anticipation that we are going to return to somewhat of a normalized economy in the second half. Maria we will see what happens, Dagen Mcdowell, there are expectations of growth in the Third Quarter and certainly a real pickup in Fourth Quarter in 2021. Dagen ive expressed this before, businesses will be shut down forever, we have a very leveraged economy both on the business side and on the individual side and youre seeing Large Businesses, Small Businesses go under and Large Businesses really, really hunker down and taking a conservative stance in terms of growth. I know people across industries, they feel lucky to have jobs but they have taken dramatic pay cuts that theyve been told are permanent. 50 pay cuts so im not sure that everybody is looking at what the other side of this looks like, whether we are in for extremely slow growth for years and thats what treasury secretary Steven Mnuchin was talking about yesterday in front of Senate Banking committeement run it is risk of permanent damage and hes right. Maria mnuchin and powell yesterday facing the Senate Banking committee. We had some pointed questions about economics response of the pandemic, take a look. On main street and frankly all of the facilities, we expect them to be stood up and ready to go by the end of this month. I wont say it wont be a day or two in june but thats our expectations and the funds should be flowing directly up to that. And in the Second Quarter of this year we are continuing to see large unemployment and other negative indicators. Its important to realize that the number number represents real people, this is why its so important to bring people back to work in a safe way. Maria dagen. Dagen end of the month, thats too late for the fed to get the main street fed lending program. The program is exceedingly complicated. The fed is worried that its going to become a dumping ground for bad loans but the terms are so onerous that a lot of businesses will not step up and get money from the Federal Reserve. This has this is again why treasury mnuchin is talking about opening up the economy. Thats the only solution to prevent something catastrophic. Maria hank smith, we are about to speak with ceo of moderna live, except, of course, yesterday with most recent report poking holes in it, are we going to need to see a vaccine in order to get the markets to have confidence or do you think its partly the markets ing that this too will end, wheres your take on where we are, real quick. Next pillar is reopening. And if youre looking into the market we will have plenty of downdrafts in order to take advantage of buying in. We will have volatility. Maria all right, we will leave it there. Thats what we want to see. Thank you so much. Good to see you, hank smith joining us. Top stories we are watching this morning, today connecticut joining the rest of the country in phasing getting back to business. Weve hit the metrics, we are exceeding the metrics, i think we can proceed on a very thoughtful basis with those businesses that are least likely to be dangerous and most likely to have a real economic value for the state. Maria the governor of ohio has lifted the stay at home orders for the state, however, he is banning Mass Gatherings and restrictions on bars and restaurants this morning for for ohio meanwhile treasury secretary mnuchin says unemployment money will go to americans who want to work. If you offer back a worker and they dont take that job, the theyll be required to notify the local Unemployment Insurance agency because that person will no longer be eligible for unemployment. Maria this after lawmakers increased jobless benefits after covid19. Many individuals collecting more on unemployment on than on the job. Weve been talking about this for week, additional 600 was added to Unemployment Benefits to those who lost the job. Republican lawmakers have been expressing concerns that that added benefit keeps Many Americans from returning to work because theyre making more to stay home than they are on the job. President trump announcing a 19 billiondollar program meanwhile to help farmers and ranchers hurt by the covid19 pandemic, 16 billion will go directly to farmers and ranchers under the cares act. Remaining 3 billion will buy food for needy families. Farmers and ranchers can submit applications to receive assistance on may 26th. State of emergency declared after two dams collapsed in michigan. Forcing people to evacuate. The city of mid lan could be under 9 feet of water this morning. Dams giving way after dais of heavy rain, we are just Getting Started this morning, coming up in the next hour, we have exclusive interviews coming up with the ceo of Delta AirlinesEdward Bastian on ticket demand and the ceo of moderna, the company of the day stephan on vaccine, dont miss a moment of it, we are getting into it after this break. Or make me feel like im not really there. Talk to your doctor, and call 8442342424. Maria welcome back, investing the orgpoints russia probe, new information, lawyers for former National Security adviser Michael Flynn requesting the court of appeals dismiss flynns case immediately. District judge Emmet Sullivan pausing flynns case last week even requesting an investigation into whether flynn committed perjury when lying about his contact with the russian ambassador. Last night on Hannity Flynn lawyer Sidney Powell weighed in on the case. He must grant the motion to dismiss that the government made. Its a case and controversy issue under the constitution, separation of powers issued under the constitution and the law is clear, he doesnt have authority to grant it. The case is over. Maria this as Senate Judiciary to release findings on the russia probe before the 2020 election. Chief Political Correspondent fox news correspondent byron york. Thank you for joining us. Byron good morning, maria. Maria we have new information in terms of the unmasking, details that show susan rice in an email to herself said that fbi director jim comey had no knowledge of Michael Flynn sharing classified information with the russian ambassador, she write this is down, whats troubling, byron, we are just seeing this now. Why is it that they have been sitting on all of this evidence and its obviously exculpatory evidence thats coming out in dribs and drabs, whats your reaction . Byron susan rice wrote this kind of odd memo to herself, basically at the very moment barack obama was leaving the white house and donald trump was coming in on january 20th, and she said, you know, president obama did everything by the book, by the book, no problems, so she wrote that to herself and part of the memo had been blacked out when it was release and the question now that we have seen it is why that was classified. There was no reason. A year after the mueller report, 2 years after the nunes memo, there was no reason for this to be declassified but what it does show is the Obama Administration and the president himself considering withholding information from the incoming National Security adviser because they were suspicious about his conversations with russia, which by the way, any incoming National Security adviser would have had. Maria well, i mean, suspicious or really not suspicious. I mean, thats the point. They still did not have any evidence of any russian collusion at that moment and that was june 5th, 2017, donald trump had won the election, he was a couple of weeks away from his inauguration and they still had no evidence of any collusion and so now they are trying to pick stuff out of the sky, well, lets talk about the logan act and then we see that they wanted to entrap him in that ambush in the meeting in january 24th and she writes, she writes this and its blacked out. So who who are how are we supposed to trust that we are getting the right information and honesty from this group of people in the doj and the fbi when we are still getting blacked out information . Byron well, we werent. It was a very long time. Remember, youve talk today devin nunes many times during the course of the investigation and when he was finding out basic things about, for example, the dossier and who paid for the dossier, getting information out of the republicancontrolled Justice Department was like pulling teeth, so its been its been a struggle all along to do this. I mean, the reason this is happening now. You know, i think theres maybe four reasons why this is all happening right now. Its rick grenell, what hes doing as acting director of National Intelligence and Social SecuritySidney Powell, Michael Flynns lawyer and john durham, conducting the investigation very quietly but clearly a lot of speculation about it and finally william barr, the attorney general who essentially assigned john durham to this. Without those four people, we wouldnt be hearing a lot of the stuff right now. Maria and i will tell you one thing, if donald trump loses in november, all of this goes away, theyll be no accountable and we will not hear another word about the bad behavior and wrongdoing at the top of the fbi and cia, that we know for sure, byron, good to see you, for sure, obviously we will keep on this. Byron york, some democrats blaming businesses for accepting loans that shouldnt have. Target is reportingly Quarterly Earnings at 6 30 this morning, all the numbers as soon as they hit the tape, stay with us. Maria welcome back, democrats are attacking business loans, treasury secretary Steven Mnuchin answering questions before Senate Lawmakers today with heated back and forth between himself and massachusetts senator Elizabeth Warren. Watch this. Are you going to require companies that received money from this half a trillion dollar fund to have to keep people on payrolls, its a simple question, yes or no, are you going to require that . First, let me say that our number one objective is keeping people employed. Good, so thats my question. Maria meanwhile the wall street Journal Editorial Board out with oped this morning titled treasury secretary warren writing this, politicians closed the economy and denied companies their customers, now some are trying to blame businesses for accepting the loans, government offered, this is unfair and destructive and it would be nice if mr. Mnuchin or someone in the administration would say so. Whats your reaction . Dagen these democrats starting with senator Elizabeth Warren and former Vice President joe biden, they hate businesses, they want bigger government, more government and and accusations again, this is acute little line somebody wrote for Elizabeth Warren because both warren and biden called half billion dollar a slush fund for big businesses. This was an oped that they used. Use today rewarded trump political friends and punish political enemies. What the journal is arguing is this rhetoric is getting in the way of businesses that were shut down overnight to ensure that they come out of this in existence, that they dont go away. Theyre pushing treasury secretary mnuchin to be more forceful on that, but, again, he does he also doesnt want the money and it is taxpayer money to be abused. It is a loselose for the treasury secretary but shame on those democrats, they ought to know better. Maria well, joseph pinion, she called it a slush fund, a slush fund. This is a relief package so that employees do not feel that theyve lost everything, salaries, et cetera and she keeps calling it a slush fund, joseph. Well, is it slush fund or relief for businesses, are we talking about i feel like we are watching two sets of politicians. Those who have never seen bank account in negative. We have real americans stuck in the middle and we have businesses that really dont know what theyre supposed to do. We have to keep money going to those businesses. We have to also to dagens point that mnuchin is in a tough spot because we have to find ways not to have austerity on main street and we need to make sure that we are getting money to americans that need it. Maria we will take a short break. We are spotlighting moderna, ceo is live and we will talk with him and then target earnings out for the quarter any moment, as soon as the numbers hit the tape, we will bring them to you. Love in the time of coronavirus, Online Dating hopefuls getting creative with profiles making a buzz this morning. Stay with us. Can my sid