The market than 1 . The dax down three quarters of 1 . In asia overnight, lower across the board. The hang seng index down better than 1 . Japan really fun on the session. A doubledecker bus crashes in london. The vehicle is limited through storefront during rush hour. Six people injured. Well have the latest coming out. Controversy at the va. Abc hospital fired for poor leadership put back on the payroll. Earnings to focus once again, we will hear from kohls, macys and nordstroms. Keeping an eye on snap as well. The watch service. Plus, from weight watchers, opera teams up with craft times to bring healthy dishes to your dinner table. All the stories coming out. Fox Business Network dagen mcdowell. Iraq and afghanistan here and the wall street journal Telecom Reporter jane does. Great to see you. Good morning. Maria were you surprised the provocations or north korea . This is what she did when you appease the regime prior to this one. They responded to the way weve react to them. Who was more sanctions, talks and pursued Nuclear Ambitions regardless. Things are going to change. The rhetoric is different. The National Security team around him i think we should all be assured they will make the right decisions in the best interest of National Security. Those members of the team will talk about in a moment. General mattis, john kelly, Rex Tillerson id say. They were the most crazed individuals in President Trump said haitian when they were appointed. You have to rely on their language. People are making much about what President Trump said. Focus on what secretary mattis had to say about north korea. If not stronger language. Is that when it has the north korean regime to take a step down . They havent done it under any circumstances before. Would we take it . I agree. Its going to have to be followed by a son different actions that people arent quite ready for the internalized the fact that it will turn a corner. We will see where it goes. Maria not looking for regime change. That will be the actual policy. Maria her take on telecom. Marred details. Wp psr chair. Martin sorrell join us. Anders christensen is here. Duffy ways than in fine arts photographer who is just back from north korea. Never before seen pictures. Youll bring them to us. The hermit kingdom says now that it is finalizing plans to launch for missiles into the waters off of the u. S. Pacific territories of guam by the middle of the month would then await agreement for the countrys leader, kim jong un. The committee after it promised the fire theory for the north that it refuses to stay now. Defense secretary jim mattis issued a stern warning calling out pyongyang to deceive any consideration of actions that would lead to the end of its regime and destruction of its people, end quote. The governor of guam says he appreciates tough talk coming out of the Trump Administration. As far as im concerned is an american citizen, i want a president that says if any nation such as north korea attacks guam, honolulu, the west coast, that they will be met with alan furey. Maria and the president first said that, peak access, there were lots of christ in the Mainstream Media. What did people expect the president to do . Dont you want the president of america to be tough . Cries from the Mainstream Media and policy establishment on the left and right who got north korea wrong, pyongyang wrong, sanctions supposed to get away from bombs and let us to bombs in the scenario. A video circulating on my knees to need the trump 20 years ago talking about the fact when you appease come of this is what they want and theyre going to get it. The longer we wait, the worse it got in any scenario. This has been handed in their life. They have to act now. They are talking to china come the sanctions, it was important. None of that is going to be enough in light of the news report that north korea had a weapon loaded onto an icbm. Theyve known that for weeks. This is part of their calculation. There are 200,000 citizens in guam, american citizens. They would go for something bigger than not. Maybe it is part of their target set. Ultimately they are citizens there. This will have to be taken by the u. S. I would like to think that kim jong food does an escalation is extremely theres no likelihood hes going to win. But hes really unpredictable leader. I can imagine he thinks he would be special, but he might not be operating in the same reality. Dagen this is in incidents where President Trumps unpredictability works to his vintage and our advantage. If you step back and listen to the rhetoric the last in the media got so enraged about, you also listen to the message from the other members of his administration. They definitely have a strategy. They are on board even if you dont have secretary of state tillerson using the exact same language. Hes not talking like nikki healy. Your interview on sunday, not talking about regime change. Trump using that language is very harkens back to the rhetoric. Did people forget. So i think that it seems like there is definitely a message. Absolutely. I wonder how trump will respond. The kind of language the north koreans for reasons. I also dont like the suggestion he will read a headline about kim jong un said. At said. The First Defendant to launch nukes. He looks at the foreignpolicy establishment, this that says more sanctions, little bit here. It doesnt work with the dictator who believes his regime to preservation is based on Nuclear Weapons delivered to our shores. Either stop it or you dont. Maria you are absolutely right. The video donald trump 20 years ago is really extraordinary because he said exactly that. He said they better do something out otherwise they will later. Its extraordinary. This every india was just enough weapons that a president down the line will have to the fact we have no good options. You within hours only going to get worse. Maria this whole talk and upset, the war of words but in Global Markets on edge. Any relief in sight, usually the market do not get impacted by geopolitical, but it seems that the market has relied on whats going on. In the shed would have and i find anything geopolitical at this point, anything that might take stocks down because they are such complacency. We talked about the measure of volatility being at multiyear lows. You have extremely high valuations on many of these companies. The broad market is not cheap by any stretch. I think it is reasonable. It leaves a little bit of a pullback. Maria meanwhile the telecom sector, the active deals we demand time warner at t because and as we await the potential closing, we see other deals last week, ill tease getting into things. Right now they are acquiring Time Warner Cable last year. They have been successful so far, but for right related to sprint talking about doing a deal. Now everybody wants to get into the cable business is still healthy despite all the cord cutting. The distribution broadband. When you cut the cord you need a highspeed data connection. Do you think we will see those deals we saw back in the 90s as all of these companies see who they are going to get to scale. Thats what everybody has been waiting for. A government auction of wireless airwaves this year. Thats almost a full year freeze on talks and everybody thought coming out of this there might be a whole bunch of deals. Weve seen a lot of companies try to position themselves as the media and Telecom Industries are reshaping themselves in a big way or they are poised to reshape themselves in a big way. They are changing everything. Future comic to be from your wireless carrier or Cable Company at home. How are you going to future media from netflix or whatever. They are trying to position themselves for the future of how we consume media. Maria enter netflix. Com. At least six people are injured as they are doubledecker bus crashes in england. The social media giant new way to watch videos trader had. Right here. Back in a minute. I am totally blind. And non24 can make me show up too early. Or too late. Or make me feel like im not really there. Talk to your doctor, and call 8442342424. Why should over two hundred years of citi history matter to you . Well, because it tells us something powerful about progress that whether times are good or bad, people and their ideas will continue to move the world forward. As long as they have someone to believe in them. Citi financed the transatlantic cable that connected continents. And the panama canal, that made our world a smaller place. We backed the Marshall Plan that helped europe regain its strength. 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Two female passengers trapped on the upper deck. They were rescued. Police say nine people suffered major injuries at capacity building. Police say paramedics treated a number of passengers right there at the scene. Pictures were getting in from london. Back at home, hurricane fran quinn coming ashore on the gulf coast early this morning. Expected to when torrential rains do not miss region to the mudslide. The atlantic season yesterday. We are going to be getting earnings from three degrees tilting today. Cold to macys to report Quarterly Results before the bell. Nordstrom leasing numbers after the bell. The two pose results from last year. Analysts are concerned the promotions of Macys Cosmetics Department could be a specific concern. Nordstrom earnings expected a decline. Revenue expect it to rise about 3 . Also launching facebook today, redesigning their video for original programming. Calling up watch and discuss sections that showcase videos that maybe her friends are watching. They want to have the show generate conversation on facebook. They also plan to make it possible for anyone to upload a show. Kind of like youtube is the best way to describe it. Shares of facebook up 50 so far this year. Maria is incredible what what is going on with social media and media in general. How do you see things changing in the next three years . This is tough to predict, but more and more people are watching videos on smartphones him to continue in this space to get this right. Youtube has obviously been hugely successful in young millennial of teenagers in particular, spend so much time on youtube and facebook needs to do better in that space. Maria i guess the new facebook feature short videos here that is whats worked over the years, really started taking hold. You spent time with teenagers unsnapped chat, it is the small bites of information that i would never think to post, but they do in facebook is losing some of that audience, pulling it back in by giving them a platform. Maria they talked about in the Earnings Call that they are bringing up their advertising specifically in video delivery kind of a two to three year time frame, but basically other traditional advertising is sold out within peoples newsfeeds. One thing youll see more and more of these videos. They will insert advertisements in the video. You will play a part of the video then you do wait to the end of it. The end of the video. It is like 15 seconds. Maria it is like what the dealer collar does with the stories. Anywhere you can insert the ads is what theyre doing. A careful balance of that because you dont want to upset consumers when they get ignored by ad. Maria if it is straight content, up. We will talk more about this. Real thoughts on whats going on in terms of advertising. We will take a break. Michnik, weighing in on President Trumps news about the legislative process. Our new president has not been in this line of work before and i think had excessive expectations about how quickly things have been. Train to mourn those comments. The president has something to say about that. Hillary clinton under fire again for benghazi. The renewed search efforts for her emails i had. Ahead. Today, were out here with some big news about type 2 diabetes. You have type 2 diabetes, right . Yes. So let me ask you this. How does diabetes affect your heart . It doesnt, does it . Actually, it does. Type 2 diabetes can make you twice as likely to die from a cardiovascular event, like a heart attack or stroke. And with Heart Disease, your risk is even higher. You didnt know that. No. Yeah. But, wait, theres good news for adults who have type 2 diabetes and Heart Disease. 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Taking jardiance with a sulfonylurea or insulin may cause low blood sugar. Tell your doctor about all the medicines you take and if you have any medical conditions. So now that you know all that, what do you think . That its time to think about jardiance. Ask your doctor about jardiance. And get to the heart of what matters. Track your pack. Set a curfew, or two. Make dinnertime device free. [ music stops ] [ music plays again ] a smarter way to wifi is awesome. Introducing xfinity xfi. Amazing speed, coverage and control. Change the way you wifi. Xfinity. The future of awesome. Heart of the reason they that the storyline we havent done much is because in part, the president and others have said these early time length about things that need to be done by a certain point. Our new president of course is not been in this line of work before and i think had excessive expectations about how quickly things have been. Maria Senate Majority leader Mitch Mcconnell question President Trumps expectations when it comes to the agenda of getting through the gridlock in d. C. You think those remarks on twitter saying senator mr. Mcconnell said i had excessive expectations, but i dont think so. After seven years of repeal and replace, why not done . Youve heard the call mcconnell yesterday angrily expressed he did not appreciate the comment. The wall street journal jon hilsenrath. Good to see you. Thanks for weighing in here. Back and forth on where the agenda stand, especially the focus shifting the tax reform. Out and about the month of august to push tax reform. We know kevin brady, paul rein sat down with me. Will they get it done . You know, i think they have to get it done after what happened on health care. They have to get something done. I dont know if it will reach the ambitions the president has said that on a 15 Corporate Tax rate. This is an area where everyone has their interest in line. Even though mcconnell and the president are fighting now over what happened with health care, the two seniormost economic advisers, Stephen Mnuchin and gary cohn have been working closely with mcconnell on putting together a tax plan. We shouldnt let this fiery rhetoric we are seeing on health care distract us from whats going on behind the scenes. Maria i do think they look at this time because they recognize that they dont get this under a real implications. Having said that, time is running out. It could end up being the tax cut and not real reform in terms of changing in doing away with certain deductions in the simplicity of it. It is tough to win by losing, so in this case you got a lot on health care that we want to believe tax reform will happen. The president is a double down and make health care happen. There is a path to it. Is it worth revisiting that is the path to making tax reform policy . It seems to be health care is going on a different track. You have the chair of the Health Committee in the senate, lamar alexander, looking at holding. And its going down a smaller pass. They really have to get focused on taxes. Even before we talk about taxes, september is a very busy month for congress in terms of dealing with a debt ceiling increase, which is not easy or simple to do. Continuing resolutions on spending with the shutdown of the government altogether and putting together a budget resolution for 2018 which becomes the vehicle for tax reform. There isnt room in the agenda to go back because they have so much else to do. It literally immediately after they get back from the recess. Dagen every member of congress in the senate as republicans have to wear tshirts that say excessive expert patients. Thats exactly the way the American People feel about those