Transcripts For FBC Countdown To The Closing Bell With Liz C

Changes with robert mueller. Speaking of that, we are less than four hours away from the first pitch of the congressional baseball game. More details emerging about the man accused of shooting congressman Steve Scalise and three others with a rifle. Adam shapiro is live at national pa wherehis will take ple. Witnesses watch in horror as a blimp goes down in flames at the u. S. Open. This accident in the sky has the pilot of an advertising blimp fighting for his life after it caught fire fire. I will tell you what i saw when i got out there. The life and death drama overshadowing the best golfers in the world. We will get you caught up on the very latest leaderboard and talk about the game much loved by the Business Community with the United States Golf Association president diana murphy. Plus chief executives of massive wisconsin businesses, both are here to tell us how they are working together with the Trump Administration to help veterans of find jobs. Rockwell automation makes the software that sometimes removes real workers from the workplace. We will talk to both ceos about that. On wall street stocks fell and we are alive from the u. S. Open in wisconsin. Lets start the countdown. Breaking news, we do have clear skies but not smooth sailing as the first round of play is underway at aaron hills at the u. S. Open championship of golf. The start of the tournament, marred by a crash of a blimp unaffiliated with the tournament here is what witnesses told me moments after the crash. We came around the corner and there was a big explosion and flames. We were just trying to help in any way we could. Authorities tell me the pilot sustained serious burns and injuries. He was medically transported by life flight to fight for his life. They have been called in to investigate but the scary site is not just in the skies. Dustin johnson is three over par , ten strokes behind the leader ricky fowler who is seven under par. Johnson won his first tournament in oakmont and was hoping to take home what is now a record 2. 2 million first place prize out of a 12 milliondollar purse both members, the highest weve seen for the u. S. Open alternate if dustin can turn it around he will be the first to win back to back u. S. Open, way back 28 years ago when Curtis Strange pull that off. Look, the story here is as much about who is in here as who is here. Phil mickelson pulling out this morning officially. He was to attend his daughters graduation but he thought that he might be able to make it after the graduation if there were weather problems here. His priorities are in the right place, watching his daughter graduate. Tiger woods is not here. He checked himself into rehab after his dui arrest. Its the first time the starting gun went off without either Phil Mickelson or tiger woods since 1994. The fans behind me are happy. It is the first one ever held in the badger state. Of course, extremely muddy after the rains last night. There were tornado touchdowns in the state of wisconsin and we should tell you, at about 7700 yards it is one of the longest in open history. 35000 fans are expected to attend each day having an estimated Economic Impact of 120 million on the local economy. Then hospitality tents start with favorites like purple door ice cream, famous pringles, ruby red chocolate covered cranberries, sausage from johnsonville and all of the trees. You can eat. I personally love the chatter. Fox sports is broadcasting the event for the Third Straight year. Justin rose and rory mcelroy are set to tee off and just about five minutes. Look, we love so much more on golf throughout the hour especially how pertains to business. Lets check the action on wall street where we have quite the trained reit derailment. Heres how things stand. We have the Dow Jones Industrial , s p is down about six. The selloff has taken a big bite out of the most heavily weighted stocks for all of the indexes and that would be apple. Down 7 since friday. Down about 1 at this hour. Its standing at 143. 7 per share. Goldman sachs is among the biggest loser on the financial sector. Perhaps the following because of the special counsel investigation of President Trump financials would love to see tax cuts and stack reform. Stock is trailing, nike, baird plan to streamline and modernize is not only not impressing investors but its concerning investors at the moment. Sometimes when you see job cuts announced you have the stop stock jump but this, they said they plan to cut about 2 or thousand workers. Maybe even 1400. The company will trim its product line and focus more on online operations. Youve heard it before and first here on foxbusiness, brickandmortar stores continue to falter the retail ice age continues to move. But a shift gears to our nation s capital. President trump trying to get his agenda back on track, pushing a new Apprenticeship Program is part of the effort to close a skills gap that the white house says is leaving millions of jobs unfilled, empty and they pay well, they just dont have people who know the skills to fill them. A major roadblock block stealing the agenda publish that trump is under investigation for possible obstruction of justice by e special counsel on the russia probe. Foxbusiness is live at the white house. The president called the accusation a witch hunt. What was set off camera in the press briefing, and more importantly, now we see swept into all of this the nsa director of National Intelligence chief. In that tweet the president called it a witch hunt and said it was being led by bad and conflicted people. At that press briefing the Deputy Press Secretary Sarah Sanders was asked who is the president singling out . Who are these very bad and conflicted people. Is he talking about bob mueller who is leading the investigation , and with this question and probably close to a dozen others or so, sanders would not answer or get into it. Instead she post a lot of this oft the legal team like they been doing for the better part of a couple weeks at the white house. However, this all started earlier this morning when the president sent out a tweet and heres what he said. They made up of phony collusion with the russian story, found zero proof. Now they go for obstruction of justice. Nice. At that briefing sanders was asked, if the president has confidence in bob mueller. Here was the white houses response. Sarah sanders saying i believe so, i think i made clear earlier this week when i said there had no intention to make any changes whatsoever on that front. That was basically the only answer we got in response to the washingtons post story. White house is saying theres a legal team dealing with that questions go to that. What they are trying to focus on is the economic agenda. Too that end, on this day the president signed an executive order dealing with apprenticeships trying to let companies, corporations, industries and union groups build out their own apprenticeship models. There was the president earlier today. We are here to celebrate the dignity of work. Its a good term. Dignity of work. And the greatness of the american worker. The president argued that this new executive order relates to apprenticeship would pull back some of the restrictions that confine or restrain apprentice programs from being able to build up. However, they were asked criticism, are you pulling back the oversight role from the department of labor and the argument they made was we are trying not to restrict anything, we are trying to expand everything. Thank you very much. Please interrupt us if you get more on that because there is that concern that its affecting the markets or keeping a lid on it. Theres no guarantee of that. In a foxbusiness exclusive, right here, right now, Dustin Johnson who won the u. S. Open joins me right now. Tell me how its going. A little struggle today. I felt like i played pretty well but i shot a few over. Im still right there in the mix i need to go out tomorrow and shoot a good store score. For viewers who dont know, you kind of went through a hell at the same tournament in oakmont because there was this accusation that you touched and moved your ball. Have they changed anything about how golfers play this year so you didnt have to go through that stomach pit where you had to wait until several rounds later to find out if you are going to be penalized. If the ball moves on the putting green its not a penalty unless you hit it with your club it would be. If the rule was that as it is today i wouldve had a felony last year. It worked out fine and i want anyways. This year, completely different venue. I struggled a little bit today but im in a go out tomorrow and shoot a good score. Listen, it is sort of that moment where you can add on to the next day and the next day. Tell us what you think is the biggest competition so far. Obviously ricky fowler came out and shot a really good score its going to take for good rounds if you want to win. Is ricky fowler the next big thing . The one to win a major tournament . And im asking you to look into a crystal ball. Its gonna take for really good rounds. If you play for good rounds you will win. As a business network, were always looking at the business angle. I see tailormade in adidas. What you wear. Adidas. What kind of watch. [inaudible] as you look at all of these names, how important is it. Weve had tiger check into rehab and sometimes you lose sponsorship and deals when you are off the course life interferes with the image. Absolutely. Image is a big part of golf. We get all these great sponsors because golf has such a great image. You gotta take care of yourself off the course. Also, i remember a couple weeks ago you had a weird accident. You fell down the stairs. I did. So immediately everybody started to wonder, was he drinking, its not necessarily fair, but as summary very much in the public eye, what you have to do to make sure you keep on the straight and narrow path. I really have to do anything anymore. I just ticked my routine, working out, practicing, hanging out with the family, thats the best thing for me. It was interesting, i just want to let our viewers know that we were ready to go and do some other issues and they said Dustin Johnson coming right now. Okay, how do you turn it around tomorrow. I need to putt better. I played well enough today to shoot a good score, i just putted terribly. I missed some great chances for 30s but my speed was a little bit off. We would also like to congratulate you on the birth of your child. Thank you very much. Thats fantastic. Thank you so much for joining us we really appreciate it. By the way, you will be the first, if you win back to back tournaments in 28 years since Curtis Strange. Ive got a lot of making up to do. I have a lot of work ahead of me but its deftly possible. Dustin johnson, in it to win it. Thank you very much. The closing bell is winning in ringing in 45 minutes. The u. S. Open is often running next. Well talk to the woman who broke into the Old Boys Club of golf and brought the u. S. Open to wisconsin for the very first time. Let me tell you, the cheeseheads are absolutely thrilled. Diana murphy is the joining us next live from the u. S. Open. Countdown to the closing built bell coming right back. Gold is having its worst close in three weeks. When youre close to the people you love, does psoriasis ever get in the way of a touching moment . If you have moderate to severe psoriasis, you can embrace the chance of completely clear skin with taltz. 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We also had yet another analyst come out and talk about apple. Dont forget, on friday we had specific threats. Now today theyre talking about apple overall and saying its near peak valuation levels and could mean a bumpy ride Going Forward. We are seeing that one under pressure. Amazon, facebook, alphabet, google, microsoft, all lower. In some cases we are seeing them lower than the monday close which was the real today selloff we will keep an eye on this group overall. We also want to take a look at the stocks. Lets take a look at how those golf stocks are fearing. Callaway golf down 2. 2 . You can see it is down 1. 2 at this time. We will keep an eye on those as well. I did speak to john and asked him why theyre selling and they said its all the headlines put together. Maybe a little bit of the summer solstice. Okay, usually its quiet then weve got some action in the markets. Thank you. So you will intermittently hear cheers. The players have teed off at the 117th u. S. Open in aaron hills wisconsin. You are looking at a live picture and of course everybody is getting very excited. Either way, the pressure is on for the organization that runs the u. S. Open and thats United States Golf Association. After rules debate that took place last year concerning Dustin Johnson, from whom we just heard, there have been changes made before todays big tee off. He mentioned them, but what does the race the championship look like without this issue. Two of golfs biggest players not here. Joining us now is diana murphy. Its great to have you. I do want to get the breaking news out of the way. Weve rushed off the 14th hole about a mile left of your to find out what happened with the blimp. We saw it had completely imploded. Can you give us some details on this. We appreciate you covering it we were quite surprised. All we know is that it was not a blimp associated with the u. S. Open. It was a horrific accident. I know the pilot has been in intensive care at this point her in the hospital, and thats all we know but we certainly wish he and his family all the best. The scene looked rather frightening. We were first on the scene and as we saw, it didnt have anything that we could make out but its not affiliated with the golf tournament. Not at all. Lets talk about the rule change. This is a huge visual issue where youve got fox sports covering it, everyone saw what appeared to be Dustin Johnson moving the ball and there were twitter comments and it went berserk. What did you change specifically first and foremost, it was a pretty Good Opportunity to get our champion on your set just a moment ago. He is a terrific champion for us we learned a lot from that. Technically, the rule that was applied was accurate, but how it was applied and the lack of the timely fashion of which it was applied is really what we change , in addition to putting in a local rule that if a player accidentally touches the ball and it moves but hes not aware of it than he just puts it back and theres no penalty. That was the rule thats been put into effect. On the fifth green, he had to sit there waiting till the finalround waiting to see if they there would be a penalty. Thats correct. We do have the ability to show a video for a player before we make the ultimate decision so out of courtesy we were going to show him the video to explain it , and that was where, in retrospect, we change that and Going Forward we make a decision in a much more timely and decisive manner. This was huge for wisconsin. First time ever theyve gotten a tournament. 35000 people a day will be coming here but it also brings about 120 million to the region the purse is the largest ever for this tournament, correct. It is. Thats correct. 12,000,002,000,000 goes to the winner. There is concern that you as an organization have a fund of about 320 million. Rainy day fund . Golfers want to know why the purses are getting higher. We are cut quite proud of our increase in all three of our purses. Its an interesting question because were a Nonprofit Organization and this is our economic engine also. The success of the u. S. Open really fuels the fact that we can invest in all of our initiatives for the whole year. Diana, thank you so much. We wish you a wonderful tournament. Well be right back [vo] when it comes to investing, looking from a fresh perspective can make all the difference. It can provide what we call an unlock a realization that often reveals a better path forward. At wells fargo, its our expertise in finding this kind of insight that has lead us to become one of the largest investment and Wealth Management firms in the country. Discover how we can help find your unlock. They want and check the leader berg board. Ricky fowler is in f