Transcripts For FBC FBN AM 20160513 : vimarsana.com

Transcripts For FBC FBN AM 20160513

Nicole volatility continues in the asian markets, the nikkei sinking 1. 4 overnight, the shanghai composite index edging lower. Lauren big lives in oil behind the stock market volatility, oil prices shooting up 8 over the past three days. Now they are getting back 4. 16 a barrel. Nicole the latest to report disappointing results getting crushed in the free market, down 17 , jcpenney reports later this morning. Nicole apple makes a 1 billion investment in chinas version of uber as alphabet passes apple as the most valuable company in the world. Nicole mark sucker berg finally responding to accusations of a liberal bias in facebooks trending topics section. We will have his response. Lauren the Oklahoma City thunder eliminates the San Antonio Spurs and the nhl playoffs the San Jose Sharks got past the nashville predators. Those highlights coming up in sports. Nicole it is friday the 13th, welcome to fbn a. M. , your first look at the days markets, the latest breaking news and what is expected for the day ahead. Lauren breaking News Donald Trump narrowing the differences between the gop leadership, Presumptive Republican nominee on sean hannity after his meeting with House Speaker paul ryan. I dont mind going through a little bit of a slow process. It is a very big subject, we have a lot of things and i think for the most part we agree on a lot of different items and we are getting there. I feel strongly about border security, i feel strongly about trade, i feel strongly about building the military and to a large extent i think paul is there also. Lauren peter barnes is in washington with more. Reporter paul ryan and other republicans described the meeting as a great first step to rebuilding party unity after a bruising primary season that started with 17 major republican candidates. A meeting with paul ryan was called after the speaker declined to endorse trump last week when trumps final rivals dropped out of the race. Ryan did not do so at a press conference afterwards. He told reporters it is a process that takes time that does not come together after a 45 minute meeting, he does not want to have a fake unification process. We had an encouraging meeting, no secret donald trump and i had our differences, we talked about those differences today. That is common knowledge. The question is what we need to do to unify the Republican Party and all strains of conservative wings in the party. Reporter trump met with Republican Leaders of the senate. Afterwards trump tweeted great day in dc with paul ryan and Republican Leadership, things working out really well. One source provided fox news with unvarnished assessment of the ryan meeting, quote, no bs, very helpful. Back to you in new york. Nicole john weiner backing donald trump saying he is confident trump can win in november. Vice president dan quayle supporting donald trump saying the billionaire businessman is more qualified than Hillary Clinton. Lauren campaigning in south dakota democratic president ial candidate Bernie Sanders sharing his views on the trump ryan meeting. They have a serious problem. An extreme Rightwing Party dealing with a guy who has changed his views every day from bad to worse. I will let the republicans worry about their future. My job right now is to work as hard as we can in the next five weeks to win the democratic nomination. Nicole after holding big rallies yesterday, meeting voters in north dakota today, he has won 1473 delegates so far while clinton has 2240. Next primaries will be held in kentucky and oregon on tuesday. Nicole the Clinton Global Initiative gave 2 million to a private Company Partly owned by Close Friends of the clintons. The financial commitment for Energy Pioneer solutions was placed in september 2010 and wall street journal says former president clinton also personally endorsed the company to Energy Secretary steven chu for federal grant. Energy Pioneer Solutions refused 800,000 from energy department. Nicole a judge handing a major victory to House Republicans who challenged president obamas healthcare law. The judge ruled the administration cannot spend billions of dollars in federal funds to provide subsidies to private Insurance Companies without the approval of congress. Congressman tom rice, chief sponsor of the lawsuit welcoming the courts decision. I am happy the congress has access, it gives the Congress Another tool. This access to the court for particular items of executive overreach is a certain scalpel that can be used in particular instances without collateral damage. Nicole the white house is expected to repeal the ruling. The Obama Administration said the ruling would lead to a spike in insurance premiums for americans and the federal government to pay more in tax credit to ensure policy. Nicole lauren the navy has fired the american sailors captured and held by he ran for 15 hours. The Navy Official says the service lost confidence in commander eric rash who is the executive officer of the squadron that included the 10 sailors. Between 9 men and one woman were detained in january when their boat drifted into iranian waters off farsi island. The incident raised tensions between the United States and iran because of images that are and published of sailors kneeling with their hand on their heads. Nicole the Obama Administration is jumping into the transgender band firm issue. A letter signed by official that the Justice Department and department of education reportedly will be sent out to every Public School district in the country today. It will tell them to allow transgender students to use bathrooms and locker rooms that match their gender identity, not their birth certificate. The letter obtained by the New York Times is not legally binding but does warn the school they may face lawsuits or loss of federal aid if they dont abide by the administrations interpretation of civil rights law. Lauren mark sucker berg is responding to allegations that facebooks trending topics discriminate against conservative news. Zuckerberg says his company is conducting a full investigation to ensure its teams upheld the integrity of the product and he wants to meet with influential conservatives and discuss their concerns. Liz claman spoke to Cameron Winkle voss who along with his twin made famous by about those allegations. It comes down to the transparency and what you tell your users you are doing. Im not that close to the story so i dont know what the expectations were but if the expectations were and algorithms that was not pushing a certain thing i can see why people would be disappointed. Lauren they were involved in early stages of facebook. Nicole apple is making an investment in uber. Apple is investing 1 billion with a valuation of 25 billion, dd is one of chinas most valuable startups and is involved in a head to head competition with uber china to attract writers and investors and chinas rideshare market. Lauren alphabet is the Parent Company of google overtaking apple is the most valuable company in the world. Alphabets market cap is 494. 8 billion edging slightly past apples market cap of 494. 7 billion, shares of both companies fell yesterday with alphabet down a bit and apple up 2 even though investors appear to have soured on apple, it remains a Profitable Company earning 10. 5 billion. Nicole shares of nordstrom plunging 17 in extended trading after the upscale retailer cut its sales and profit outlook. The disappointing guidance coming is nordstroms First Quarter results came in lower than expected. Nordstrom joining so many of the other major retailers including macys and kohls with weak results. Analysts blaming amazon which made an aggressive push into apparel and fashion. We would hear from jcpenney later this morning. The company is expected to report a smaller than expected loss and higher sales for the First Quarter, jcpenney has said it expects to have its first annual profit in five years this year and another piece of retail news, retail sales come out at 8 30 sales are expected to climb 0. 8 after falling in march. Lauren let us know where you are shopping on twitter because we are confused. Lets get you caught up on Global Market action overnight. Starting in asia stock end this friday session, the shanghai composite down one 3 , many gay down one. 4 , hang seng in hong kong falling 1 and the cosby in south korea giving up 1 2 . Lauren a good gdp number, the german dax is down 1 2 . The london footsie down 1 2 and same with the french cac quarante. Lauren the final session of the us market little change on the week, down arrows, the tao down 87 in premarket, the s p down 10 points and nasdaq down 22 points in the premarket. Nicole oil moving the highest levels of the year, right now it is at 4616 down . 54 off of 1 and gold is up 5. Lauren breaking news, honda posting a surprise net loss for the fourth quarter, dragged down by the cost of recalls for those terracotta airbags. Honda also recalling 21 million more vehicles to fix those potentially faulty and deadly airbags. Honda is the biggest customer. Nicole we are two months from the Gop Convention in cleveland raising the question is cleveland ready . No. I dont think we are where we need to be. Lauren that sounded pretty frank. We will look at the preparations. How would you like a sauna to go with your walker . Burger king is opening a spa with one of its restaurants. We will tell you about it. You are watching fbn a. M. , your first look at morning markets, breaking news, it is friday the 13th, futures are looking lower and lower. Nicole it is 5 15 in new york. No endorsement from paul ryan after his meeting with donald trump but he said they found common agreement on Core Principles of the gop. Apple making a 1 billion investment in the Ridesharing Company that competes in china with uber on the same day alphabets parent of google replaced apple as the most valuable company in the world. Another retailer having a hard time, shares of nordstrom dropping 17 in afterhours after it missed wall street estimates and cut its outlook. Jcpenney reports its earnings this morning. Checking stock market futures in the retail arena, dow futures down 86 points, nasdaq down 22 points. Lets look at what is happening now. Lauren police may not be ready for the kind of trouble that might come when the Republican Convention begins, mike tobin is in cleveland with the details. Reporter the president of the patrol and associations is from a public 50 standpoint this town is not on schedule to handle the Republican Convention in july. Republican National Convention attracts demonstrators as it did in st. Paul in 2008. Donald trump events are magnets for passionate demonstrators, and in a few weeks the two will converge in cleveland, a town swelling with ethnic tension. Is cleveland ready for this convention . No. I dont think we are anywhere near where we need to be. Reporter steve loomis complained offices were not measured for riot gear until after the order was placed and it has yet to arrive. In his opinion training has been minimal and has not reached the police who will be working the streets. They have done well handling previous demonstrations in cleveland but there has not been enough communication ahead of the convention. I am neither confident nor not confident. I dont have a lot of information. City Council Public safety chairman matt zone says the police union bosses lobbying for more training because that is his job. There has been extensive planning, strategizing and training. We have been practicing and exercising since fall of last year, we are prepared for the unknown. At the end of the day, people look back on this convention and say job well done. Reporter an Organization Called dump trump has applied for permits to march during the Republican Convention. The Spokesman Says the permits are denied, they will take to the streets anyway. Is one example of the kind of challenges decking up against police here. Nicole all the bad weather thats bond tornadoes across the plains and the midwest now heading east. Maria molina will give the latest forecast. In the aba nba playoffs, the San Antonio Spurs were eliminated from the western conference final and in the nhl playoffs the San Jose Sharks got past the National Predators and western conference finals, those highlights coming up in sports. You are watching fbn a. M. , first look at morning markets and breaking news. [music] narrator of all the things youve done with your bike, donating it to goodwill may be the most incredible of all. Your Donations Help Fund job placement and training for people in your community. Which means your stuff can be more powerful than you think. Goodwill. Donate stuff. Create jobs. Red roses too i see them bloom for me and you and i think to myself what a Wonderful World music oh yeah shoah, ha ha. Ew artist. Show me top male artist. My whole belieber fan group. Its not a competition, but if it was i won. Xfinity x1 lets you access the greatest library of Billboard Music awards moments, simply by using your voice. The Billboard Music awards, live sunday may 22nd, 8 5 pacific, only on abc. Nicole lets look at the latest in the world of sports. Oklahoma city thunder beat the spurs to win the weston champion four games to 2. Kevin durant scored 47 points, Russell Westbrook added 28. Oklahoma city will face golden state in the western conference finals starting monday in oakland. Nhl the San Jose Sharks for the First Western conference final in five years with a victory over the National Predators last night. Captain joe pavel ski got san jose off to a fast start tying ninth goal. San jose will open the conference final on the road sunday at against the st. Louis blues. Jason day got off to a great start in the openinground of the players championship yesterday. He tied the sawgrass sports record with a 9 under par 63 to take the lead. Day has a 9 stroke head start on a number of pretournament favorites including defending champion ricky fowler and Jordan Spieth and rory mcelroy. Cold and rainy in new york and maria molina is back in storm chasing. She is here with the weekend weather forecast. Welcome back, how are you . Maria happy friday. We are excited for the weekend and we are tracking messy weather. We are in the peak of Severe Weather season. Later today into the weekend we will be seeing several rounds of Severe Weather. This afternoon and evening we are tracking storms across the eastern us including the carolinas into florida. Farther west into missouri, illinois, iowa you are looking at not only Severe Weather that could bring damaging winds and large hail but tornado potential including kansas city so heads up, you have that threat throughout the day and those temperatures are going to be getting a lot cooler across parts of the plains, look at the forecast temperatures well below average for many of you and Oklahoma City you might not even make it out of the 50s by sunday afternoon in st. Louis, the same goes for detroit where the High Temperature saturday and sunday is forecast to be 50 and eventually that cooler air pushing into the northeast as we head into this upcoming sunday so there is much cooler air out there but we have those in the 30s and 40s across rapid city of minneapolis and the eastern us not too bad, 58 in new york, 60s in raleigh and atlanta. Nicole you mentioned the storm shelter. How did you feel when you were doing this . Maria the closest point where the tornado got closest, we were 50 feet or so from the tornado but it was very compact so it was a skinnier tornado. We were able to get a good idea where it was and keeping our distance from it the tornado was moving north. It is exciting. I felt safe at the time. You could feel the wind around you and see the tornado very well. Sometimes there is a lot of rain with these storms and that could be a concern. That is when i felt more scared when there is a lot of rain because it is tough to see where the tornado is but in this case dust was being picked up, you could see the wind field, not too bad, didnt cause much damage, stayed on the north side of town. Nicole we are glad you are back. A real professional. Coming up lots of reaction to Donald Trumps meeting with Republican Leaders including

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