Transcripts For FBC FBN AM 20160617 : vimarsana.com

Lauren the nikkei still down 5 on the week getting china to shanghai composite output of 4 . Nicole oil has been continuing to lose momentum today breaks its losing streak and is up 1. 1 4673 a barrel. Lauren philadelphia becomes the first city to slap a tax on your soda. Nicole the company ass larger shareholder miss to kick out directors and ceo. The latest development. Lauren the nba finals a redhot as the cavs battled senate curry and force game seven. Some of the top players sitting in the clubhouse. And tucker come in the u. S. Mens team took on ecuador. We will tell you who won. Nicole 5 01 a. M. Friday june 17th. Welcome to fbi and nam your first look at todays breaking news and what to expect for the day ahead. Lauren britain is in deep shock after a member of parliament was killed in the street. 41yearold joe cox was shot and stabbed to death yesterday in Northern England. She was a vocal advocate for britain remaining in the European Union. A 52yearold man was arrested by police say it is not clear at this time what his motive was. The horrific killing happened a week ahead of the crucial vote on whether britain should remain in the e. U. Both remain in these campaigns have suspended their duties. She was a Great Campaign with huge used compassion, if a card and people will be very, very sad. Dreadful, dreadful news. It is right that we are suspending campaigning activity never when spots will be with her family and her constituents at this terrible time. Lauren will have more on this but rob morgan who will join us later in the show. Next thursday, fox business will have special coverage of the e. U. Referendum throughout the day and throughout the night. Fbn am will start an hour early at four am eastern for a twohour program. Join us friday, june 24th. Nicole doesnt the state state Department Officials said an internal document that calls for military strikes against the Syrian Government. Side by about 50 officials to do with u. S. Policies and syria. The document expresses frustration to help a war that has killed half a million people. It also sees regime change as the only way to defeat isis. This position is at odds with president obamas policy. The white house has favored diplomacy over armedtervention. Bernie sanders is not ready to receive the senator giving his supporters an is coming next. A Major Political task that together we face in the next five months is to make certain that donald trump is defeated and defeated badly. I personally intend to begin my role in that process and a very short period of time. Lauren he will work to transform the Democratic Party and its energy may be taken into next months convention in philadelphia. Meanwhile, donald trump credited sanders for staying active in the race during a rally last night in dallas. We cant have can you believe this guy doesnt give up . Youve got to give them credit. He doesnt give a period lauren trump will continue to campaign in houston in san antonio. Nicole. Nicole wildfires are threatening residents in challenging firefighters of hot dry winds. Officials say a wildfire in a Central Arizona is less than a mile from locations which may have been which may have to be evacuated. The cedar creek fire on indian reservation has earned more than 12 square miles including areas ignited by firefighters to deprive it of fuel. Is pretty scary. Theyve done a pretty good job of putting out the forest fire. It is scary for me. I feel it in my gut. Nicole 1400acre wildfire is tearing through coastal canyons west in santa barbara. A wildfire has charred more than 19 square miles in central new mexico. Lauren more troubling is on the zika virus. The number of pregnant women in the United States in fact did with zika has risen to 234. Officials said cdc declined to say how many had given birth due to confidentiality concerns. They did report that three babies have been born in the u. S. With birth defects caused by zika. Another three babies had time for defects yet this is the first report on pregnancy outcomes in the u. S. That involve an infection with the mosquito borne virus. Train to philadelphia has become the first major American City to pass a tax on soda. The proposal was passed despite a multimillion Dollars Campaign by the Beverage Industry to block it. Supporters and opponents churning out at city council for the vote. It sounds like a small tax of 1. 5 cents per ounce. In reality it is equivalent to a 50 tax on the cost to consumers. This tax will be passed on to retailers. As you have heard from many small businesses, they will pass the tax on to consumers. Trade to the attacks on chagrin type averages takes effect on january 1st. Most of the 90 million in revenue will pay for prekindergarten, Community Schools and recreation centers. Lauren basically a twoliter bottle of soda will cost you a dollar more. Looking good in asia. Not a good week in a ship at the good friday. The nikkei up 1 . The hang seng gaining two thirds of 1 and slightly higher for the cost in south korea. Nicole week away from that referendum votes in all of paris today. Each of the major averages have taken up arrow. The german dax 1. 2 of the cac of 1. 3 . I will now bank of america, merrill lynch, Morgan Stanley have been noting the volatility that the expect it depending on the vote for averages. Next week will be volatile. Lauren we saw volatility yesterday. At one point the dow was down 169 points. This morning features done six. S p futures down one and three quarters. Nasdaq futures up one point. Nicole after oil sold off day after day, up 47 cents at 4668 a barrel. Gold pulling back 11 or 1287 at tryouts. Lauren with some of the entire the ceo paid the big shakeup comes as the legal battle continues over whether the 93yearold media mogul is mentally competent to run viacom and cbs. One of the directors criticizing redstones daughter claim she is manipulating her dad in a bid to control his empire. Viacom shares jumping about 7 yesterday but they are still down 50 from their alltime high hit in march of 2014. Nicole two familiar names in beauty and cosmetic surgery and forces. Revlon is eyeing its rival, Elizabeth Arden for 420 million in cash. The deal works out to 14 for each share. A 50 premium over yesterdays closing price. Shares of Elizabeth Arden serving 48 . Revlon says the combined company will have a presence in more markets worldwide get the deal comes months after revlon sergeant shareholder, ron perlman says he was peeking above putting the company up for a sale. Lauren chairman and ceo james crowe seldom one of the topics, the Housing Market and mortgage qualifications. Qualification standards can be relaxed. One of the areas that has to be dealt with is the firsttime buyer. The firsttime buyer used to be 40 of new home buyers. It is now closer to 30 . What is going on . How many young people have a college dad . The college dad comes in front of the mortgage debt. How are they going to deal with that issue . Lauren you can see more at 8 00 p. M. Eastern right here on the fox as the south park. Nicole stocks to watch repeats smith wesson lead stocks. Shares jumped 7. 8 after Quarterly Results from the largest gunmaker date topics that patient. The stocks of smith wesson and other firearms markers have rallied following the shootings and the possibility of drug control laws. Shares of Oracle Racing 2 . Purporting higherthanexpected quarterly revenue in its business search due to more customers. Lumber is at what age are suing 12 . The company has agreed not to rescind the sale of its inventory of wood flooring. The flooring has been the focus of a controversy over whether it may cause cancer. Lumbar liquidators has pledged to continue to test the force. Lauren look at the headlines in todays edition of the wall street journal planned for electric lines gaining momentum. The Aviation Industry asked her at Hydrogen Fuel cells and electric power plants with the goal of creating a disguise. Dish network dropped the nfl not repeat the channel goes dark and 7 million homes after the two sides failed to reach terms on a new distribution deal. Environmental groups change their tune on nuclear power. They focus on Climate Change has raised the profile of react is now seen as a reliable carbon free source of energy. Train to both sides in the british accent debate come down. Its right that we are suspending it did again this referendum and everyones thoughts will be with joes families and constituents. Nicole a look at how markets would react to a british exit from the European Union. The nba finals get hot as the cavs rattled the warriors. Seth curry forcing game seven. The u. S. Up and some of the top players in the clubhouse. In soccer, the u. S. Mens team beat ecuador in the finals. We will have all the highlights for you. You are watching fbn am, your first look at morning markets and breaking news. Nicole 5 15 a. M. Here in new york. The haircut but whats happening now. But in deep shock after a member of parliament was fatally shot and stabbed. Jo cox was a vocal advocates for what its remaining in the European Union. The killing happened in week ahead on whether britain should remain in the European Union. Both campaigns have suspended their dvds. Philadelphia has become the first major American City to pass a tax on soda despite a multimillion campaign by the Beverage Industry to block it, tax takes effect january 1st. Senator redstone, the biggest shareholder in that five viacom directors including ceo from the board. The move marks a major sector is a management shakeup at 20 billion media company. Lets check us out market futures. Today relatively flat. The unchanged line. S p futures down one. Nasdaq futures at three. That what is happening now. Lauren unfortunately im moving week for your portfolio. By this potential exit from the European Union even matter to investors in the u. S. Bob morgan, chief Investment Officer joining us now with some good answers. Good morning, lord. Looking at the shortterm economic damage, we could expect the u. K. Leads the e. U. . Well, as far as risks go, the southern European Company they talk about leaving the e. U. Might give them a blueprint and they may say if britain can do it, why cant we . That is certainly indicative risk. The other piece of this is the british currency will continue to slip in the dollar will rise. That is certain implications. I expect the dollar to rise regardless of the vote next week. There are positives, too. Their opportunities where there are risks. This could keep his head away for the whole summer. Weak job growth in may. Eight yield solid southern european debt. This could push a rate hike off until after the president ial election. Nicole first of all, to your point about the fed, janet yellen visited this been problematic and most are not heard backwards, but that was some of that fact and to the fact they did not raise rates in june but the futures are not really betting on that. I want you to explain one more time by people in america really should care about this and what are the one and 2. 5 days . Well, as far as the standpoint of Exchange Rate and i didnt touch on that, but there could continue next week to be volatility in the Exchange Rate. That could of course lead to next week some wild market. Central banks have built together a plan to do whatever they need to do. Prior to the vote, there could be bad. After the vote, if you continue to see a strong dollar, that has positive and negative implications. Thank you. Rob marketed, have a beautiful weekend in a happy fathers day. A big day and night in spores. The nba finals as the stars with seven of the u. S. Open from the top players sitting high and dry it in the clubhouse. And then there was u. S. Mens soccer, the team speed ecuador in the finals. Big weekend at the box office. Pixars longawaited sequel to finding nemo is so good today. You are watching fbn am, your first look at morning markets and breaking news. X÷x÷ happy birthday music music thank you dear, very much music youre welcome music thank you you make me feel so young look whos coming. You make me feel so spring has sprung and every time i see your face im such a happy individual y, you know the moment that you speak i wanna go play. Nicole grammy winner singer meatloaf collapsed on stage and canada. The singer dropped his microphone and falling to the floor last night. The 60yearold canceled two other concert in recent days because of ill health. He was taken to hospital. His condition is unclear at this point. Lauren that time and train highly anticipated movie door it is on track to crash records and could end up being bigger than finding nemo. Im looking for parents. Are you going to find your parents . Do you remember what they look like . Something tells me they were mostly blue with maybe yellow. That sounds right. Im pretty sure ill love them when i see them. Transit in c the priest of record for an ananimated film is expected to bring in 120 million in its Opening Weekend. That would not only set a record for pixar but also put it in contention for the highest animated feature opening of all time. The record currently held a 121 million. Find a jury follows the generous character in her search for her parents after finally beginning to remember. He saw that in the clip we showed you. Train to the nba finals got more intense. The crew of the cavaliers. He said jacket from the game. Lebron has 41 points again along with 11 assists and eight rebounds. Game seven is sunday night 8 00 p. M. Eastern time. In golf, the u. S. Open had three rain delays yesterday suspended at 4 35 p. M. Eastern time. Only nine players finish their rounds and 70 players did not even see off as players like jason van Phil Mickelson could face as much as 36 today. It was the worst rain delay in the u. S. Open good enough for under his plate today at 7 30 a. M. Eastern time. The u. S. Mens National Team beat ecuador two to one. The america semifinals for the Third Straight game on a firsthalf header. Adding up on the second half which gave the United States the wind. But they face their families as the rest of the matches take place today and tomorrow. Turning to baseball ,com,com ma blue jays took on the phillies. Check this out. Not in a foul ball with one hand. He made that catch with his daughter in his lap. Napier of them even flinch. He won the game 13 to two. Lauren coming up from the philadelphia becomes the first major city to slap a tax on the soda you want. Sounds like a small tax at one and a half cents per ounce. In reality, it is equivalent to a 50 tax on the cost to consumers. Nicole the Beverage Industry guide to fight against the tax. Sumner redstones larger shareholder mr. Kcal for directors and ceo. We will have the latest development. Stock Index Futures this final day of the week. Dow futures relatively high this morning. You are watching fbn am, your first look at morning markets and breaking news. Dow futures just when i put point. We got again. This is your daughter. And she just got this. Ooh boy. But, youve got hum. So you can set this. And if she drives like this, you can tell her to drive more like this. Because youll get this. You can even set boundaries for so if she should be here, but instead goes here, here, or here. Youll know. So dont worry, mom. Because you put this, in here. Hum by verizon. The technology designed to make your car smarter, safer and more connected. Put some smarts in your car. My wish for you is that this life becomes all that you want it to your dreams stay big, your worries stay small you never need to carry more than you can hold and while youre out there gettin where youre gettin to and wants the same things too yeah, this is my wish nicole breaking news this morning. Aside from the debate over whether britain should think the European Union stand down after british lawmaker who favored staying in e. U. Was murdered. Good morning. I am nicole petallides. Lauren i am lauren simonetti. This relates to some relief in the markets after seeking 159 points yesterday picked it up at about 92, snapping a fivegame losing streak. A long week with dow features up to, nasdaq futures up to. S p futures on half a point. Nicole the nikkei up 1 . Still down 5 for this week in China Shanghai composite index up half of a percent. Lauren its been a tough week for oil up 1 . 46. 72 a barrel. Train to philadelphia becomes the first major American City to slap a tax on your soda. The Beverage Industry vows to fight on. Lauren its getting ugly of fire, so larger shareholder mr. Kcal for directors and the ceo. The latest development. Nicole when im in spores. The nba finals rattled warriors star says curry and when the force game seven. The u. S. Open late some of the top players in the clubhouse to stay dry in the u. S. Mens team beat ecuador in the quarterfinals. Lauren 5 31 a. M. Here in new york. Friday, june 17th. You made to the end of the week. Great fathers day plants coming up. We are fbn am, your first look at todays market, latest breaking news on what to expect that they had. Nicole britain is in deep shock after a member of parliament was killed in history. 41yearold jo cox was killed in Northern England issue Northern England future as an advocate for remaining in the Northern England<\/a>. She was a vocal advocate for britain remaining in the European Union<\/a>. A 52yearold man was arrested by police say it is not clear at this time what his motive was. The horrific killing happened a week ahead of the crucial vote on whether britain should remain in the e. U. Both remain in these campaigns have suspended their duties. She was a Great Campaign<\/a> with huge used compassion, if a card and people will be very, very sad. Dreadful, dreadful news. It is right that we are suspending campaigning activity never when spots will be with her family and her constituents at this terrible time. Lauren will have more on this but rob morgan who will join us later in the show. Next thursday, fox business will have special coverage of the e. U. Referendum throughout the day and throughout the night. Fbn am will start an hour early at four am eastern for a twohour program. Join us friday, june 24th. Nicole doesnt the state state Department Officials<\/a> said an internal document that calls for military strikes against the Syrian Government<\/a>. Side by about 50 officials to do with u. S. Policies and syria. The document expresses frustration to help a war that has killed half a million people. It also sees regime change as the only way to defeat isis. This position is at odds with president obamas policy. The white house has favored diplomacy over armedtervention. Bernie sanders is not ready to receive the senator giving his supporters an is coming next. A Major Political<\/a> task that together we face in the next five months is to make certain that donald trump is defeated and defeated badly. I personally intend to begin my role in that process and a very short period of time. Lauren he will work to transform the Democratic Party<\/a> and its energy may be taken into next months convention in philadelphia. Meanwhile, donald trump credited sanders for staying active in the race during a rally last night in dallas. We cant have can you believe this guy doesnt give up . Youve got to give them credit. He doesnt give a period lauren trump will continue to campaign in houston in san antonio. Nicole. Nicole wildfires are threatening residents in challenging firefighters of hot dry winds. Officials say a wildfire in a Central Arizona<\/a> is less than a mile from locations which may have been which may have to be evacuated. The cedar creek fire on indian reservation has earned more than 12 square miles including areas ignited by firefighters to deprive it of fuel. Is pretty scary. Theyve done a pretty good job of putting out the forest fire. It is scary for me. I feel it in my gut. Nicole 1400acre wildfire is tearing through coastal canyons west in santa barbara. A wildfire has charred more than 19 square miles in central new mexico. Lauren more troubling is on the zika virus. The number of pregnant women in the United States<\/a> in fact did with zika has risen to 234. Officials said cdc declined to say how many had given birth due to confidentiality concerns. They did report that three babies have been born in the u. S. With birth defects caused by zika. Another three babies had time for defects yet this is the first report on pregnancy outcomes in the u. S. That involve an infection with the mosquito borne virus. Train to philadelphia has become the first major American City<\/a> to pass a tax on soda. The proposal was passed despite a multimillion Dollars Campaign<\/a> by the Beverage Industry<\/a> to block it. Supporters and opponents churning out at city council for the vote. It sounds like a small tax of 1. 5 cents per ounce. In reality it is equivalent to a 50 tax on the cost to consumers. This tax will be passed on to retailers. As you have heard from many small businesses, they will pass the tax on to consumers. Trade to the attacks on chagrin type averages takes effect on january 1st. Most of the 90 million in revenue will pay for prekindergarten, Community Schools<\/a> and recreation centers. Lauren basically a twoliter bottle of soda will cost you a dollar more. Looking good in asia. Not a good week in a ship at the good friday. The nikkei up 1 . The hang seng gaining two thirds of 1 and slightly higher for the cost in south korea. Nicole week away from that referendum votes in all of paris today. Each of the major averages have taken up arrow. The german dax 1. 2 of the cac of 1. 3 . I will now bank of america, merrill lynch, Morgan Stanley<\/a> have been noting the volatility that the expect it depending on the vote for averages. Next week will be volatile. Lauren we saw volatility yesterday. At one point the dow was down 169 points. This morning features done six. S p futures down one and three quarters. Nasdaq futures up one point. Nicole after oil sold off day after day, up 47 cents at 4668 a barrel. Gold pulling back 11 or 1287 at tryouts. Lauren with some of the entire the ceo paid the big shakeup comes as the legal battle continues over whether the 93yearold media mogul is mentally competent to run viacom and cbs. One of the directors criticizing redstones daughter claim she is manipulating her dad in a bid to control his empire. Viacom shares jumping about 7 yesterday but they are still down 50 from their alltime high hit in march of 2014. Nicole two familiar names in beauty and cosmetic surgery and forces. Revlon is eyeing its rival, Elizabeth Arden<\/a> for 420 million in cash. The deal works out to 14 for each share. A 50 premium over yesterdays closing price. Shares of Elizabeth Arden<\/a> serving 48 . Revlon says the combined company will have a presence in more markets worldwide get the deal comes months after revlon sergeant shareholder, ron perlman says he was peeking above putting the company up for a sale. Lauren chairman and ceo james crowe seldom one of the topics, the Housing Market<\/a> and mortgage qualifications. Qualification standards can be relaxed. One of the areas that has to be dealt with is the firsttime buyer. The firsttime buyer used to be 40 of new home buyers. It is now closer to 30 . What is going on . How many young people have a college dad . The college dad comes in front of the mortgage debt. How are they going to deal with that issue . Lauren you can see more at 8 00 p. M. Eastern right here on the fox as the south park. Nicole stocks to watch repeats smith wesson lead stocks. Shares jumped 7. 8 after Quarterly Results<\/a> from the largest gunmaker date topics that patient. The stocks of smith wesson and other firearms markers have rallied following the shootings and the possibility of drug control laws. Shares of Oracle Racing<\/a> 2 . Purporting higherthanexpected quarterly revenue in its business search due to more customers. Lumber is at what age are suing 12 . The company has agreed not to rescind the sale of its inventory of wood flooring. The flooring has been the focus of a controversy over whether it may cause cancer. Lumbar liquidators has pledged to continue to test the force. Lauren look at the headlines in todays edition of the wall street journal planned for electric lines gaining momentum. The Aviation Industry<\/a> asked her at Hydrogen Fuel<\/a> cells and electric power plants with the goal of creating a disguise. Dish network dropped the nfl not repeat the channel goes dark and 7 million homes after the two sides failed to reach terms on a new distribution deal. Environmental groups change their tune on nuclear power. They focus on Climate Change<\/a> has raised the profile of react is now seen as a reliable carbon free source of energy. Train to both sides in the british accent debate come down. Its right that we are suspending it did again this referendum and everyones thoughts will be with joes families and constituents. Nicole a look at how markets would react to a british exit from the European Union<\/a>. The nba finals get hot as the cavs rattled the warriors. Seth curry forcing game seven. The u. S. Up and some of the top players in the clubhouse. In soccer, the u. S. Mens team beat ecuador in the finals. We will have all the highlights for you. You are watching fbn am, your first look at morning markets and breaking news. Nicole 5 15 a. M. Here in new york. The haircut but whats happening now. But in deep shock after a member of parliament was fatally shot and stabbed. Jo cox was a vocal advocates for what its remaining in the European Union<\/a>. The killing happened in week ahead on whether britain should remain in the European Union<\/a>. Both campaigns have suspended their dvds. Philadelphia has become the first major American City<\/a> to pass a tax on soda despite a multimillion campaign by the Beverage Industry<\/a> to block it, tax takes effect january 1st. Senator redstone, the biggest shareholder in that five viacom directors including ceo from the board. The move marks a major sector is a management shakeup at 20 billion media company. Lets check us out market futures. Today relatively flat. The unchanged line. S p futures down one. Nasdaq futures at three. That what is happening now. Lauren unfortunately im moving week for your portfolio. By this potential exit from the European Union<\/a> even matter to investors in the u. S. Bob morgan, chief Investment Officer<\/a> joining us now with some good answers. Good morning, lord. Looking at the shortterm economic damage, we could expect the u. K. Leads the e. U. . Well, as far as risks go, the southern European Company<\/a> they talk about leaving the e. U. Might give them a blueprint and they may say if britain can do it, why cant we . That is certainly indicative risk. The other piece of this is the british currency will continue to slip in the dollar will rise. That is certain implications. I expect the dollar to rise regardless of the vote next week. There are positives, too. Their opportunities where there are risks. This could keep his head away for the whole summer. Weak job growth in may. Eight yield solid southern european debt. This could push a rate hike off until after the president ial election. Nicole first of all, to your point about the fed, janet yellen visited this been problematic and most are not heard backwards, but that was some of that fact and to the fact they did not raise rates in june but the futures are not really betting on that. I want you to explain one more time by people in america really should care about this and what are the one and 2. 5 days . Well, as far as the standpoint of Exchange Rate<\/a> and i didnt touch on that, but there could continue next week to be volatility in the Exchange Rate<\/a>. That could of course lead to next week some wild market. Central banks have built together a plan to do whatever they need to do. Prior to the vote, there could be bad. After the vote, if you continue to see a strong dollar, that has positive and negative implications. Thank you. Rob marketed, have a beautiful weekend in a happy fathers day. A big day and night in spores. The nba finals as the stars with seven of the u. S. Open from the top players sitting high and dry it in the clubhouse. And then there was u. S. Mens soccer, the team speed ecuador in the finals. Big weekend at the box office. Pixars longawaited sequel to finding nemo is so good today. You are watching fbn am, your first look at morning markets and breaking news. X\u00f7x\u00f7 happy birthday music music thank you dear, very much music youre welcome music thank you you make me feel so young look whos coming. You make me feel so spring has sprung and every time i see your face im such a happy individual y, you know the moment that you speak i wanna go play. Nicole grammy winner singer meatloaf collapsed on stage and canada. The singer dropped his microphone and falling to the floor last night. The 60yearold canceled two other concert in recent days because of ill health. He was taken to hospital. His condition is unclear at this point. Lauren that time and train highly anticipated movie door it is on track to crash records and could end up being bigger than finding nemo. Im looking for parents. Are you going to find your parents . Do you remember what they look like . Something tells me they were mostly blue with maybe yellow. That sounds right. Im pretty sure ill love them when i see them. Transit in c the priest of record for an ananimated film is expected to bring in 120 million in its Opening Weekend<\/a>. That would not only set a record for pixar but also put it in contention for the highest animated feature opening of all time. The record currently held a 121 million. Find a jury follows the generous character in her search for her parents after finally beginning to remember. He saw that in the clip we showed you. Train to the nba finals got more intense. The crew of the cavaliers. He said jacket from the game. Lebron has 41 points again along with 11 assists and eight rebounds. Game seven is sunday night 8 00 p. M. Eastern time. In golf, the u. S. Open had three rain delays yesterday suspended at 4 35 p. M. Eastern time. Only nine players finish their rounds and 70 players did not even see off as players like jason van Phil Mickelson<\/a> could face as much as 36 today. It was the worst rain delay in the u. S. Open good enough for under his plate today at 7 30 a. M. Eastern time. The u. S. Mens National Team<\/a> beat ecuador two to one. The america semifinals for the Third Straight<\/a> game on a firsthalf header. Adding up on the second half which gave the United States<\/a> the wind. But they face their families as the rest of the matches take place today and tomorrow. Turning to baseball ,com,com ma blue jays took on the phillies. Check this out. Not in a foul ball with one hand. He made that catch with his daughter in his lap. Napier of them even flinch. He won the game 13 to two. Lauren coming up from the philadelphia becomes the first major city to slap a tax on the soda you want. Sounds like a small tax at one and a half cents per ounce. In reality, it is equivalent to a 50 tax on the cost to consumers. Nicole the Beverage Industry<\/a> guide to fight against the tax. Sumner redstones larger shareholder mr. Kcal for directors and ceo. We will have the latest development. Stock Index Futures<\/a> this final day of the week. Dow futures relatively high this morning. You are watching fbn am, your first look at morning markets and breaking news. Dow futures just when i put point. We got again. This is your daughter. And she just got this. Ooh boy. But, youve got hum. So you can set this. And if she drives like this, you can tell her to drive more like this. Because youll get this. You can even set boundaries for so if she should be here, but instead goes here, here, or here. Youll know. So dont worry, mom. Because you put this, in here. Hum by verizon. The technology designed to make your car smarter, safer and more connected. Put some smarts in your car. My wish for you is that this life becomes all that you want it to your dreams stay big, your worries stay small you never need to carry more than you can hold and while youre out there gettin where youre gettin to and wants the same things too yeah, this is my wish nicole breaking news this morning. Aside from the debate over whether britain should think the European Union<\/a> stand down after british lawmaker who favored staying in e. U. Was murdered. Good morning. I am nicole petallides. Lauren i am lauren simonetti. This relates to some relief in the markets after seeking 159 points yesterday picked it up at about 92, snapping a fivegame losing streak. A long week with dow features up to, nasdaq futures up to. S p futures on half a point. Nicole the nikkei up 1 . Still down 5 for this week in China Shanghai<\/a> composite index up half of a percent. Lauren its been a tough week for oil up 1 . 46. 72 a barrel. Train to philadelphia becomes the first major American City<\/a> to slap a tax on your soda. The Beverage Industry<\/a> vows to fight on. Lauren its getting ugly of fire, so larger shareholder mr. Kcal for directors and the ceo. The latest development. Nicole when im in spores. The nba finals rattled warriors star says curry and when the force game seven. The u. S. Open late some of the top players in the clubhouse to stay dry in the u. S. Mens team beat ecuador in the quarterfinals. Lauren 5 31 a. M. Here in new york. Friday, june 17th. You made to the end of the week. Great fathers day plants coming up. We are fbn am, your first look at todays market, latest breaking news on what to expect that they had. Nicole britain is in deep shock after a member of parliament was killed in history. 41yearold jo cox was killed in Northern England<\/a> issue Northern England<\/a> future as an advocate for remaining in the European Union<\/a>. A 52yearold man was arrested the police say it is not clear at this time with the butterflies. Theyre horrific killing happened a week ahead of the crucial referendum on whether britain should remain in the e. U. The lead campaigns suspended their activities. Weve lost a great start. She was an mp, Great Campaign<\/a>ing mp would teach compassion, with a huge heart and people will be very, very sad what is happening. Dreadful news. It is right that we are suspending campaigning today in this referendum and everyones thoughts will be with joes families and constituents at this terrible time. Nicole for mark ahmed gary speed spent will join us later on the show. Next thursday, special coverage of the e. U. rightparen and throughout the day, throughout the night. Boring and i will start in be here with you at 4 00 a. M. Eastern time with special guest for twohour Program Friday<\/a> june 24th. Nicole breaking this morning, dozens of officials signing a document that calls for targeted military strikes against the Syrian Government<\/a> signed by 50 officials who deal with u. S. Policy in syria. It expresses frustration at americas inability to halt its civil to halt its civil war that has killed half a million people. It also sees regime change is the only way to defeat isis. This position is at odds with president obamas policy. The white house has favored diplomacy over armed intervention. Nicole Bernie Sanders<\/a> is not ready to concede. A lifestream address given supporters an idea of what comes next. The Major Political<\/a> task that we face in the next five months is to make certain donald trump is defeated and defeated badly. I personally intend to begin my roadmap process in a very short period of time. Nicole sandor says hell work with Hillary Clinton<\/a> to transform the Democratic Party<\/a> and his Campaign Energy<\/a> must be taken into next months convention in philadelphia. Meanwhile, donald trump credited sanders for remaining active in this race during his rally last night in dallas. Maybe we want to run against bernie. Can you believe this guy doesnt give out. Youve got to give him credit. He doesnt give out. We couldve used a guy like that four years ago they didnt give up. Lauren trompe loeil attend fundraisers in houston in san antonio. Lauren wildfires not threatening presence of residents and residence and challenging firefighters up out of driveways. Officials say essential arizona is less than a mile from locations that might have to be evacuated. The cedar creek fire on the indian reservation has burned more than 12 square miles, including areas ignited by firefighters to deprive them of fuel. Is scary coming up through the reservation nine good theyve done a pretty good job, but its scary. I feel it in my gut. Transfer of 1400acre wildfire is tearing through santa barbara. Another wildfire has more than 19 square miles in central new mexico. Nicole more news on the zika virus. The number of pregnant women in the United States<\/a> infected with zika has risen to 234. Officials at the cdc declined to say how many women had been birthed due to confidentiality concerns. They did report three babies have been born in the United States<\/a> with defects caused by zika. Another three babies who died before birth had the science of defects. The outcomes in the u. S. Involve an infection with mosquito borne virus. Lauren philadelphia has become the major u. S. City to pass a tax on soda. The proposal despite a multimillion Dollar Campaign<\/a> by the Beverage Industry<\/a> to block it. Supporters and opponents turning out for the vote. It sounds like a small tax to 1. 5 cents per ounce. In reality it is equivalent to a 50 tax on the cost to consumers. This tax will be passed on to retailers. As youve heard from many small businesses, they will pass the tax on to consumers. A transponder will cost 30 cents more in philadelphia. Attacks on sugary beverages takes effect on january 1st. Most of the 90 million in revenue will help pay for prekindergarten schools and recreation centers. Nicole we are seeing all affairs despite the fact the nikkei is down for the week. The shanghai composite up half a percent. Japans nikkei up one full percentage point. In korea, squeezing out a gain of one 10th of 1 . Nicole at bears in the u. K. On whether to stay in the European Union<\/a>. The 1. 5 gain for averages on the board. Dax in germany and cac in paris. Financials are doing better today. Well see whether that translates at home. Dow futures this morning at six. S p futures down half a one point. Nasdaq futures up three. Lauren investors unsure and nervous. Gold has been rallying seven days in a row. 1288 an ounce. Oil at 54 cents this morning to 46. 75 a barrel. Nicole Bob Morgenthau<\/a> as the dollar could be one potential of the british dust of the earth. Right now is to the euro, u. K. Pound all stronger against her dollar today. Lauren that helps the nikkei today. The 10 year treasury note standing up 1. 6 . Nicole Sumner Redstone<\/a> removing five directors including ceo philippe dumonts legal battle continues whether the 93yearold vocalist mentally competent. One of the directors criticizing redstones daughter, sherry, claiming she is manipulating her father in a day to control his empire. Shares jumped about 7 yesterday that they are down 50 from their alltime high hit back in march of 2014. Lauren to send an instant reading cosmetic surgery versus paragraph 1 by Elizabeth Arden<\/a> for cash. The deal works out to 14 for each Elizabeth Arden<\/a> shaler. A 50 premium over yesterdays price. Shares are staring 48 . Revlon says the company will have a presence in more markets worldwide. The deal comes the dr. Revlon sergey shareholder said he was thinking about putting the company up for sale. Nicole joan rivers. Her voice assured her private possessions of the road to legendary comedian for state will be sold to raise money for charity. The online action takes place for items today while i live auction will take his next week for others. The private collection includes her handbags, furniture and costume jewelry. Bidding starts as low as 200 runs to 300,000 for some of the jewels. Make sure to stay with fox business. Cheryl casone will have more of the action throughout the day. I certainly dont joan rivers. Lauren i know. Smith wesson for stocks to watch. Shares jumping more than 7. 8 after Quarterly Results<\/a> are the largest u. S. Drugmaker topped expectations. The stacks of smith wesson any polymath shooting for the possibility of stricter gun control laws. Shares of oracle rising 2 of the company was higher than expected quarterly revenue and sales in its business searching due to our customers. Lumbar liquidators stirring 12 . The company has agreed not to rescind the sale of inventory of laminate wood flooring. The fine has been the focus of a controversy over whether it might cause cancer. Lumbar liquidators has pledged to continue testing the floors. Nicole todays edition of the wall street journal. Plans for a lecture plans gain momentum. Theyd sure Hydrogen Fuel<\/a> cells and power plants with the goal of creating a test plot of this guy. Dish Network Drops<\/a> and a phone number. Football fans dont like is for the channel goes dark and 7 million homes after two sides failed to reach a distribution deal. Environmental groups change their tune and nuclear power. They focus on Climate Change<\/a> has raised a professor of reactors now seen as reliable carbon free source of energy. Lauren coming up, both sides in the british exit stand down. It is right that we are suspending campaigning activity in this referendum and everyones thoughts will be with joes family and constituents. Nicole a look at how our markets would react to a british exit from the European Union<\/a>. A big database and spores. And if i must get hot as seth curry game seven on sunday. A soggy day at the u. S. Open that some of the top players in entering the clubhouse. In soccer, the u. S. Mens team beat ecuador in the quarterfinals. We will have the highlights. The show you futures right now. Dow futures relatively flat this morning. Im change completely. S p futures down a point. Nasdaq futures up two points. A down week for portfolio. You are watching fbn am, your first look at morning markets in breaking news this friday morning. Hope you have a good weekend plans. See you in a couple minutes. If you need advice for your business, legalzoom has your back. Our trusted network of attorneys has provided guidance to over 100,000 people just like you. Visit legalzoom today. The legal help you can count on. Legalzoom. Legal help is here. Youre at the top of your game. At work or at play, youre unstoppable. Nothing can throw you off track. Oh hey, shes cute. Nice going man. Things are going great for you. Youve earned a night out. Good drinks, good friends. Yeah, we can go ahead and call this a good night. Wait, is that your car . Uh oh. Not smart. Yeah, i saw that coming. Say goodbye to her. Ouch that will hurt your bank account. Youre looking at around ten grand in fines, legal fees, and increased insurance rates. I hope you like eating frozen dinners. Alone. Lets try this again. Smart move. Because buzzed driving is drunk driving. Lauren lets get caught up on its happening right now. Theyre now. Preventing shock after a member of parliament was fatally shot and stabbed. Jo cox is a local advocate for britain remaining in the European Union<\/a>. The killing happened a week ahead of the vote on whether britain should remain in the e. U. Both campaigns have suspended their dignity is. Philadelphia has become the first major u. S. City to pass a tax on soda despite a multimillion Dollars Campaign<\/a> by the Beverage Industry<\/a> to block it. The tax takes effect january 1st to Sumner Redstone<\/a>, viacoms bigger shareholder including the ceo. The move marks a major step towards the potential management shakeup at the 20 billion media company. Checking in on futures ahead of the opening bell, pretty flat this morning. Nasdaq futures up almost three points. But look at whats happening now. Yesterday we were down out 170. We came up off the lows. Why should u. S. Investors care about a potential british exit from the European Union<\/a> . Going right to carry keys in it. Fox news contributor joining us on the telephone. Some of the things discussed are the domino effect, volatility. Why do you think people in america should care the most about a british accent . I tell you what, nicole. From the macroeconomic standpoint, i dont think they should. I hear arguments from both sides. The only thing i would be concerned about is the second thing you said, volatility. There is fear of the unknown. Have my feelings as two feelings as to obama. , but if they did leave, i think that any big tip, and a large spike in volatility which causes a drop in our markets is a buying opportunity. Lauren it interesting. A lot of people, you said it exactly. They get nervous and uncertain times. If you look at the longterm impact if britain does so to leave, what would you say that would be . Positive. On both sides, what i see for this state died is basically hey, we want to have this big centralized, massive overreach, running all these countries has one. That is not competition. Competition is each country competing. Theyre still going to be trade, less regulation. There is going to be all sorts of benefits as far as access to different markets so they dont have now. I only see the upside on it. Train to your very positive. A devil. A devils advocate. A devils advocate with favorite next to viewers result we could see a domino effect. They wouldnt have necessarily the good deals they have in the e. U. The other country by also bailout. You can see europes recovery dwindled. You could see a strong u. S. Dollar which could hurt multinationals at home. Im all about being positive because they let the 401 k s and iras. What you say to those ideas . You have 30 seconds to respond. Those are all possible. For me it all comes back to this. We have gone down a bad pass by relying solely on central authorities whether its the imf or the fad or a massive government. We have had eight years of standstill economy that kind of having an e. U. Mentality. I think it will help all the countries of the e. U. Competition and more competitive nature. We appreciate this in your Fox News Contributor<\/a> as well. Coming up. A big day and night and spores. The nba finals get hot as the cavs factories were scanned seven. A soggy day at the u. S. Open that the top players sitting in the clubhouse. Look at all those umbrellas. The u. S. Mens team beat ecuador in the quarterfinals. Well have the highlights. A big weekend at the box office. Mom, dad. She should take to a month ago. Im kidding. Lauren the sequel to finding nemo is already setting box office records. Your first look at morning markets in breaking news. D, father, and athlete even an ironman. But 10 years ago, chris kidneys were failing. The doctor said, if you dont do dialysis, if you dont get a kidney transplant, you are going to die. Then chris received a Second Chance<\/a> made possible by an organ donor. Your wellbeing changes from loss of hope to better times ahead. Imagine what you could make possible. Learn more and sign up as an organ, eye, and tissue donor. Go to organdonor. Gov. Looking for my apparent that the burchett the atlantic. T. Remember what they look like . Something tells me they were mostly blue with maybe yellow. Sounds right. Im pretty sure im not the one who see them. Nicole i can even contain my laughter. Very cute. The highly anticipated movie finding dory opens today on track to crush box office records. Even bigger than finding the amount at the sequel has passed the presale record for an animated film to bring in 120 million for the Opening Weekend<\/a> and that would not only start opening record for pixar, but also put it in contention for the highest animated feature about time. The record is currently held by shrek at 121 million. Lauren the latest in the world of sports. Nba finals got even more intense. They force game seven with 1152 met when no one. Factory signed up for the First Time Since<\/a> 23rd team and through his mouthpiece which had a fan and was ejected from the game. Lebron had 41 points allowed with 11 assists and eight rebounds. Game seven sunday night 8 00 p. M. Eastern. Well be tired monday morning. In golf, tech three rain delays yesterday. Suspended at 4 35 p. M. Eastern. Only nine players finish their rounds and 78 players didnt even see off. Players like jason bay and Phil Mickelson<\/a> could face as many as 36 holes today. It was the worst rain delay in the u. S. Open since the first round in 2009. Andrew landry leads at three under as play resumes today 7 30 a. M. This morning eastern time. In soccer, the National Team<\/a> beat ecuador to head to the semi finals. Dempsey scored for the Third Straight<\/a> game on a firsthalf header. Jc added a goal of the second half which gave the u. S. The win. They will wait to see who they face as the rest of the quarterfinal matches take place today and tomorrow. In baseball, blue jays took on the phillies, but it was a fan who sold the show. This dad not been a foul ball with one hand, no gloves. He made the catch with his daughter lap and neither of them flinch. I dont even did she know what happened. The blue jays won that game 13 to two. What a great moment. Nicole just in time for fathers day, the San Diego Zoo<\/a> releasing video. Gave birth in november. The joy has been in her pouch until just a few days ago. Says shes doing well. San diego zoo says its the largest breeding colony and the most successful koala Breeding Program<\/a> out that in australia. Lauren as we wrap it up your, we want to wish all your dads a very happy fathers day. We do hope you get your lamborghini. We will be right back. X\u00f7x\u00f7 i believe, i believe believe were still worth the fight youll see theres hope for this world tonight i believe, i believe yeah rock guitar lauren if we have a comeback the lesson of the contract to repair the dow was down three quarters of 1 for the week here at dow futures and 10. Turning it right over to Maria Maria Bartiromo<\/a> and wanted to murder begins right now. Maria hey, nicole. Good morning. I maria bartiromo. It is friday june 17th. 6 00 a. M. On the east coast. A twoperson race as Bernie Sanders<\/a> has yet to drop out. The senator vowing to say that Hillary Clinton<\/a> did not want to focusing on defeating donald trump. The Major Political<\/a> task that together we think in the next five months is to make certain donald trump is to see dead battery. I personally intend to begin my roadmap process in a very short period of time. Maria tragedy in the u. K. The murder of a british mps sending shockwaves to the country. The debate over possible british exit from the e. U. A week away from a crucial vote. In the United States<\/a>, another player joining them on soda. The u. S. City that will","publisher":{"@type":"Organization","name":"archive.org","logo":{"@type":"ImageObject","width":"800","height":"600","url":"\/\/ia600108.us.archive.org\/20\/items\/FBC_20160617_090000_FBN_AM\/FBC_20160617_090000_FBN_AM.thumbs\/FBC_20160617_090000_FBN_AM_000001.jpg"}},"autauthor":{"@type":"Organization"},"author":{"sameAs":"archive.org","name":"archive.org"}}],"coverageEndTime":"20240625T12:35:10+00:00"}