Prominent republican. Of eightball garrity with other information. Unfortunate and unhelpful. But now in just the last moment i republican who is in the room has just said and made a statement about this. And he is confirming that happened. The president just guaranteed a Government Shutdown a week from today. Blake burman live at the white house. A political is with us to do this one out. House minority leader said those companies that have been giving their employees and bonuses bonuses and crediting the tax reform plan are just crumbs. Calling them pathetic. With the only interview with the ceo of the company is giving 68 million to his employees james fish is here in a foxbusiness exclusive. To tell us about his rank and file and what they and shareholders are saying. Who is that guy. He is a singer and actor who just signed a multimillion dollar deal to get a new new line of electronic gear. Into your hands. He is putting himself on the path to business success. From las vegas coming up. We are less than an hour until the closing bell. Lets start the countdown. We are just getting this breaking news. We are hearing from one of the republican senators who was in the room yesterday when President Trump made what some are calling very disparaging remarks. It was senator Lindsey Graham who is in the white house yesterday pitching the deal. He has just released a statement in just the last couple of minutes while he does not confirm the comments he does confirm that he responded directly to the president after hearing them. Earlier democratic senator dick durbin have said the president made what he called hate filled bile and racist comments in the discussion about chain migration and then we do have senator tim scott who is an africanamerican republican from South Carolina. They confirmed to tim scott that these comments were made using that vulgarity by the president. We will get you more details when they come in. As we are set to close out the new week. Take a look on the screen. All of the five indexes they were record closes across the board. Never before seen. This will be the night Straight Record close for the dow transports. The second straight for the other averages. Its very significant because were really looking at the big gains for the year and its a very young year. It is up right now about 17 points today will be the eighth year to date record close. For one individual stocking here. Your newsfeed will now prioritize what family and friends share while reducing the amount of advertising content that you see. If you dont push for the advertisers and not content to peoples individuals newsfeed how will you make money. The shares are sliding its the worst performer on the nasdaq right now. Earning seasons kicking off this morning. The biggies are jp morgan and wells fargo. Two out of the four are up. We do have jp morgan which reported 37 fall fallen results versus one year ago. Clearly with a stock up about 1 . This might just be a onetime charge. It was due to the recent tax bill. They are pretty solidly in the green. Its not even down. Its flat. This chip story. The meltdown. It just keeps getting worse and worse. After claiming that it had zero risks of getting hit by the specter flaw. Advanced micro devices they are vulnerable and arm holdings. It has to announce and release updates. Is micro devices down half a . There was one day it has been up. Lets put it that way. Everything you see and then had to say yes we are. Of that security flaw. Intel overall they are extending wavier waivers. By president obama and other countries that were part of the un security council. It comes after hailstorm of negative response. His denial of vulgar language. During the policy is a position life at the white house. Juggling both of these stories. Give us a sense of what is the latest. A magician or you sit covering the white house for a year now. With the Walter Reed Hospital getting his annual physical. The white house put out a paper statement seen the president would be waving potential sanctions against iran under the Iran Nuclear Deal they want to work with european allies to work on a new additional agreement that would end up fixing what he views as the flock. This is a last chance of the absence of such an agreement. The United States well not again waive sanctions in order to statement Iran Nuclear Deal. If any time i judged that it was not in reach i will withdraw from the deal. He would work with congress allow for immediate inspection. Would not have an Expiration Date and nuclear weapons. Just sent this tweet. I will read a brief portion of it. The Treasury Department also announced that they would be imposing sanctions against 14 different individuals and entities due to the recent crackdown by the iranian government over protesters there including the judiciary. The treasury secretary described in the statement by saying the United States well not stand by why the regime continues to engage. That is iran and you also mentioned what happened about 40 meet 40 feet behind me now what is that he said he said among republicans. As as whole countries. That is not how he characterized it. Youve a couple of different republican senators saying they do not recall it that way. Given same wiggle room there. Yet one democrat said a completely different way. He knows exactly what the president heard. Lost in all of this with a lot of this is they need to hash out a deal or a trade to hash out a deal and now the question is how much damage was done in that meeting yesterday. Do we drop any. Not today. A few pins are rolling down on the floor around here. Blake, we will see you later. Todays high only 211 points away from hitting 26,000 so now we are really on a fast track here. Between that 1,000point milestones. Lets really pick this apart though. Three stocks are forming that three legs. They were all three uptodate with boeing charging ahead by two and a quarter percent. They do account for a little more than half of that rally just over the last few days. But it has been the leader since last year. Could this all change one week from today. Government shutdown. Who knows what is can happen. Should investors stay in or get out until the coast is clear. Traders are you ready. Kim anderson you get first crack at this. We know there is a point on the calendar seven days from now. The market is just telling you that they are Standard Operating Procedures even if there were not be an issue with the debt ceiling it wouldnt get past and resolved. I dont think the market will worry about this. Even then the story will be to get through this. Until the dust clears. I think you by your protection here. The Downside Protection which is price protection the options get cheaper. Turn the tv off. I have to say this also. With some very good retail sales data. And for the month of december it looks like it was a very strong certainly a strong month. They may still be on this he is saying earlier that this concern is just too rich at the moment. Just as we see good retailing moves here. From everything from kohls and macys at walmart and sears. What we head at the end of last year. We have talked about a ten to 20 still upside left in the market. Weve seen quite a bit of that already. I see a lot more risk coming down. We already caught most of what we thought to expect. Do you see the frantic moves for them to get in. It comes out today. You are missing out. Or are you. Its a big investing dilemma. A little bit about dilemma. I wouldnt say that its a manic of the type that we have seen in the Fourth Quarter of 99 before the. Com bubble nurse. Or before the Financial Market burst into thousand 72008. Thank you so much. Hot apple pie with the closing bell ringing in about 46 minutes. Its higher and hotter in the final hour of trade. It is at 17090 right now. You cant get iphones all the credit for apple. When it bought the beats had phone company for 3. 2 billion. But is there a new dr. In the house. The r b artists in the electronic steel. My interview with ray j coming up next. And what may be Nancy Pelosis trash is another mans treasure. They denigrate bonuses. The rank and file. Things they say. The recycling giant. The First Company this week that it will reward the hourly workers 2,000 bonuses each. The ceo and president james fish of Waste Management with expedia, you can book a flight, then add a hotel, and save. Everything you need to go. Expedia im a small business, but i have. Big dreams. And big plans. So how do i make the efforts of 8 employees. Feel like 50 . How can i share new plans virtually . How can i download an efile . Virtual tours . Zipfile . Really big files . In seconds, not minutes. Just like that. Like everything. The answer is simple. Ill do what ive always done. Dream more, dream faster, and above all. Now, ill dream gig. Now more businesses, in more places, can afford to dream gig. Comcast, building americas largest gigspeed network. My business was going nowhere. So i built this kickin new website with godaddy. Building a website in under an hour is easy 68 of people. Who have built their website using gocentral, did it in. Under an hour, and you can too. Type in your business or idea. Pick your favourite design. Personalize it with beautiful images. And. Youre done and now business is booming. Harriet, its a double stitch not a cross stitch build a better website in under an hour. Free to try. No credit card required. Gocentral from godaddy. A used car, truck, suv. Thats smart. Truecar can help. Its great for finding a new car, but you already knew that. Its also great for finding the perfect used car. Youll see what a fair price is, and you can connect with a truecar certified dealer. So, no matter what youre looking for. There it is. This is how buying a used car should be. This is truecar. In terms of the bonus that Corporate America receives versus the crumbs that they are giving to workers to put the schmooze on is so pathetic. My dads language dads language spoken in the home. Its a verb. Not putting on the schmooze. House majority leader criticizing the more than 100 companies at last count that have given back to their employees after the Corporate Tax rate was lowered with the Company Money that we are getting. The latest Fiat Chrysler joined it. They will grant 2,000dollar dollars bonuses to 60,000 employees. The stock is actually down. Due to software glitches. We just wanted to get that out there. Are all of these bonuses in announcements really pathetic crumbs. It was the First Company this week to announce it will grant a special bonus for its nearly 34,000 rank in file in place. James fish the ceo and president of Waste Management. If we get our math correctly that is about 60 million your given back to your employees no good deed ever goes unpunished. Can we get your reaction. What would you say to her. I would tell her that really we had three things in mind when we did this. We were looking at those at 34,000 that you mentioned. Those are drivers and helpers on the back of trucks. Those arent are recycled workers and landfill workers. Those folks make 40 to 50,000 per year. Not only are they hardworking but they dont participate in our annual bonus plans whatever benefits the economy benefits us. We are largely in north american company. If we inject 60 million into the economy it helps the economy and that helps our business. This is good for us because retention is always an issue for our company. In hourly employees like these. This is good for us in terms of retention what we find is a big percentage of our retention or our turnover takes place with employees in the first two years with the company. Hopefully this encourages them to stay with the company. Your stock is hitting an alltime high today. At least it was earlier. It hit an alltime high. Your generosity is actually appearing to be good business. You should be saving this money for the next recession yesterday they sounded an alarm bill and said tax cuts are built for short term. But longer term longerterm it could hurt u. S. Credit worthiness. I havent heard any. What i would tell them if i did hear any eye view a will thought out investment in our people as being a good investment for shareholders also. I think it goes to that example i gave about turnover. Its very expensive for us. If we can reduce turnover with this. People are overworked and underpaid. Will you do this again. We give a Corporate Tax cut again. I will type what we are doing. Howd he put howdy put some kind of retention plan in place. That really helps me with the retention of that is an issue for us. Whether it becomes another bonus or a different approach with it. Is yet to be determined but certainly we will continue to serve money on our people. Here in an exclusive interview. Thank you so much. It will put you up on the website. We appreciate your reaction. Thank you. When we come back its still up 88 points. Could he be the first billiondollar music artist in the tech world. Have been talking about you for years. Sorry about that. Theyre all about me saving for a house, or starting a college fund for my son. Actually, i want to know what youre thinking. Have a seat. Yeah. Knowing that the most important goals are yours. With 15,000 financial advisors, its a big deal. And its how edward jones makes sense of investing. snap achoo snap achoo achoo snap snap achoo achoo feel a cold coming on . Zicam cold remedy nasal swabs shorten colds with a snap, and reduce symptom severity by 45 . Shorten your cold with a snap, with zicam. For her compassion and care. He spent decades fighting to give families a second chance. But to help others, they first had to protect themselves. I have afib. Even for a nurse, its complicated. And it puts me at higher risk of stroke. That would be devastating. I had to learn all i could to help protect myself. Once i got the facts, my doctor and i chose xarelto®. Xarelto®. To help keep me protected. Oncedaily xarelto®, a latestgeneration blood thinner. Significantly lowers the risk of stroke in people with afib not caused by a heart valve problem. It has similar effectiveness to warfarin. Xarelto® works differently. Warfarin interferes with at least 6 bloodclotting factors. Xarelto® is selective, targeting just one critical factor interacting with less of your bodys natural bloodclotting function. For afib patients wellmanaged on warfarin, there is limited information on how xarelto® compares in reducing the risk of stroke. Dont stop taking xarelto® without talking to your doctor, as this may increase risk of stroke. While taking, you may bruise more easily, or take longer for bleeding to stop. It may increase your risk of bleeding if you take certain medicines. Xarelto® can cause serious, and in rare cases, fatal bleeding. Get help right away for unexpected bleeding, unusual bruising, or tingling. If youve had spinal anesthesia, watch for back pain or any nerve or musclerelated signs or symptoms. Do not take xarelto® if you have an artificial heart valve or abnormal bleeding. Tell your doctor before all planned medical or dental procedures. And before starting xarelto®about any conditions, such as kidney, liver, or bleeding problems. Its important to learn all you can. To help protect yourself from a stroke. Talk to your doctor about xarelto®. Theres more to know™. Exit stage left. The r b singer has now turned full on businessman. Looking to make waves in the world of tech. A mega 31 million deal for himself. He got a Company Called gray, and hes not just doing headphones. What is interesting and great about you. Im not just can you are turning this into a lifestyle brand. Everybody loves technology. Its taken over the world. Not only do we have electric transportation we had had phone speakers. High demand but highquality. 189 speakers for 49. You can get the one you like or you can get the one you can afford. And keep moving up. This has been out is been out for about three years. It goes on and on. Because of 30 miles per hour. It folds up. Put in your car. This is perfect. I need this. I really need you to explain this doesnt just happen. On how involved were you in that. But when i found the scooting bike. I made sure i checked each one until i got the perfect one. We are just the regular people. And with the whole team i put all of my money up. When we got to Higher Heights got a little tough. Not just financing but that. It is a 31 milliondollar deal. You are major businessman now. A guy who grew up in california carson california. Now they call me ray tron. Look at the crowd that he has played two. Its so diverse. As a multicultural community. What is the hardest lesson you have learned. Be patient and stay with it. Right when you feel like its over someone is can a come and help you take it back to the top. Its gonna feel like youre running out of money. If you really believe that. Never stop. You know it. If you missed any of the actions from foxbusiness. And of course my facebook. Com. For all of the exclusive footage. We also show off a ton of cool gadgets. It boils water bottle anywhere you are. My team is obsessed with it. With dinesh polywell. You cant miss the excellent adventure. On the floor of the new york stock exchange. Lauren, do you hear it. Perfect timing. Going into a three day weekend. Markets closed on monday. They are open for business ahead of that. We are at new records. Drop off quietly filing for its market debut. The file sharing company has submitted an ipo plan with the goal of listing sometime in the first half of the year. No word on which exchange to live on. Take a look at this. Coles hidden a twin half your height today. New initiatives credited for the outlook. Thats a good day for retail all of all around. Giving a boost to the discount sector overall. It sharing in the green. Liz, count on is coming right back. Im a small business, but i have. Big dreams. And big plans. So how do i make the efforts of 8 employees. Feel like 50 . How can i share ne plans virtually . How can i download an efile . Virtual tours . Zipfile . Really big files . In seconds, not minutes. Just like that. Like everything. The answer is simple. Ill do what ive always done. Dream more, dream faster, and above all. Now, ill dream gig. Now more businesses, in more places, can afford to dream gig. Comcast, building americas largest gigspeed network. 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Help protect yourself against pneumococcal pneumonia. Ask your doctor or pharmacist about prevnar 13®. In the last hour a new voice was added to what the president really said about haitian immigrants. The argument that has been raging since last night. As we reported the top of this show news broke that the gop senator Lindsey Graham confirms he responded directly to the president s views on immigrants from poor nations. President trump is denied he used a vulgarity. To officially decry the president s language. He called it unfortunate and unhelpful. I hear all of the stories for my relatives. Why is as important. This important. A spending deal has been contingent on it immigrant compromise from democrats and republicans that just yesterday during the show we have can heating factions. Yesterday behind closed doors at the white house. Kill the docket deal. Ellie one week from today. Did they just make a huge deal. Lets bring in gop strategist. Good afternoon to you. Every word or every utterance thats put forward. Elected to do a budget deal from to begin with. That much more likely that the government could shutdown shut down a week from today. And rightly so. Bringing it into the picture of what appeared to be really close dealmaking. Dick durbin. Also in the other group to come up with a deal. Where do you see this going. It does make his job that much harder without a doubt but honestly they are going to look beyond this. They are used to foot and mouth disease to be honest. And we are looking at the lives that are at stake. I think were just couldnt toss this out now some people may just throw up their hands. They never resigned today. I think these lives. They will be able to see this through. And look past the gross language. What are they going to do about this. Tom carton of arkansas they put out the Statement Today saying we dont recall that specific language of South Carolina who is a republican in africanamerican confirming that lindsay grant told him it was this vulgarity about haiti in some other countries. Why it is the president feel almost compelled to derail what has been a great successful week. The most difficult thing for being present at the nine states was having a very strong discipline in a very strong internal moral compass. Mister trump did not seem to be as disciplined as they could be. He have a great last couple of days. We have to stand up to the president of the United States. And you have to look them in the eye and say mister president i think you did something wrong the lack of courage in the face of the very dismissive comments shows a lack of their candor in their courage when they should scene up and do the right thing this type of behavior should not be tolerated. We will have you back. A lot of breaking news here. We do had 15 minutes before the closing bell rings. In with them up 215 points that was the high end the session. We went into this hour with. We are now at it again. Wall street going to pot. The booming sector. A big east battle. Villanova versus st. Johns. 8 00 p. M. Eastern and the countdown is coming right back. Please stay with us. A. Where were changing with stylish makeovers. Then at your next meeting, set your seat height to its maximum level. Bravo, tall meeting man. Book now at lq. Com thats it. Im calling kohler about their walkin bath. Branah. Not gonna happen. My name is ken. How may i help you . Hi, im calling about kohlers walkin bath. Excellent happy to help. Huh . Hold one moment please. [ finger snaps ] hmm. The kohler walkin bath features an extrawide opening and a low stepin at three inches, which is 25 to 60 lowr than some leading competitors. The bath fills and drains quickly, while the heated seat soothes your back, neck and shoulders. Kohler is an expert in bathing, so you can count on a deep soaking experience. Are you seeing this . The kohler walkin bath comes with fully adjustable hydrotherapy jets and our exclusive bubblemassag. Everything is installed in as little as a day by a kohlercertified installe. And its made by kohler americas leading plumbing brand. We need this bath. Yes. Yes you do. A kohler walkin bath provides independence with peace of min. Call for a free kohler nightlight toilet seat with consultation. Or visit kohlerwalkinbath. Com for more info. My business was going nowhere. So i built this kickin new website with godaddy. Building a website in under an hour is easy 68 of people. Who have built their website using gocentral, did it in. Under an hour, and you can too. Type in your business or idea. Pick your favourite design. Personalize it with beautiful images. And. Youre done and now business is booming. Harriet, its a double stitch not a cross stitch build a better website in under an hour. Free to try. No credit card required. Gocentral from godaddy. Marijuana companies had been on a roller coaster ride since the start of 2018. At the attorney general rolled back the obama era rules that have given states leeway to allow a pot for recreational use. But even with the ongoing battle. They are jumping into the cannabis industry. What would have said about those nations if he wouldve been high. Please use good grammar. I dont do this stuff but i wall street they are doing this step. I was out to dinner. They were describing to meet this industry it is a big growing industry that wall street is looking to get into. Others like miracle grow. Plus the veep companies. And companies that tell you how to make the edibles youre talking about a 50 billiondollar industry. I wall street is looking to cash in. The pot stocks today rolled off. They are looking to step in. I can tell you even if that does happen a lot of the growth of this industry will incur in canada. And funds are being developed and here is the interesting thing. The wall street firms themselves are eyeing this industry. Its almost like bit coin was. When they started eyeing the crypto currency and also the block change technology. The big firm that is in it right now. Thats really going after it. His counting company. It involves and looks at the sort of companies. The bold back it firms. They are looking at this industry and how it is growing. And here is where its interesting for me. I was talking to a fund manager that manages a fund for pot related stocks. They are bracing for a raft of negative publicity to come out. Its a possibility. If you inhale it. They are looking to fight back. The growth in pop usage is not so much the smoking but the edibles which they believe the high is much better than alcohol much safer than alcohol and much safer than other drugs that people take. That is how the pot industry is fighting back. The pot stocks all these wall street guys at times out with last week. They admitted. And they were telling me that they were lucid when they were doing. This is we are in the beginning there. We are down today. With sessions came out with that. At the wrap here. This is not like bit coin crypto currency three years ago. It could be ups and downs but this is beginning. Theyre taking a look at it. Thank you very much. Others in business tv may be taking a vacation day. We are open for business on Martin Luther king junior day we are going to have the market moving news. They may be closed but the world is still operating. And Global Markets are moving. Live updates from the detroit auto show. Strange inheritance is back. Some of the strangest and valuable items left behind by the dearly departed. Hi sweetie. Door buzzer hi. Smells really good. Thank you. More pasta. Hey guys. Hey how are you . You bring the wine girl. Some would shy away from throwing a big party in a small space. Guys, its a lot of food. But tonight, youre going to make the most of every square foot. With blue apron, any night is a chance to see what cooking can do. Liz jawdropping spike for viacom. Jumping 12 . This on news, forgive me to put on my glasses viacom ceo chairwoman Shari Redstone pursuing more mergers, of the two Media Companies split after decade ago. This is report from the wrap. Were following this closely, breaking news. T. Boone pickens, once americas big oil man, stepping down for good from his energy focused hedge fund bp capital. 89yearold says his health is not been good. But he says his fund is not performing well. Does his bet on natural gas still worth it . He likes one name in oil. First, natural gas world, look at markets right now. Were seeing record once again. It is exciting. Liz a lot of compelling factors. Cold winters matter. That drives prices higher. Look at oil market, were at new high levels. Almost 65 a barrel on oil, havent seen that in a long, long time. Liz 70 for brent. New highs for oil and new highs for gnat gas. Were rapidly becoming a Energy Producer exporter, the idea of Liquified National Gas coming online is massive. Liz what name do you like. I think the stock is a great parent company. Pays a 7 dividend. Dont find many big dividend, folly covered dividend. The stock was covered with shares. Liz wef tick can he symbol. Ticker symbol. Another five day record day. Would you take money off the table yet . Not yet. There is too much euphoria. Starting to see hiccup in inflation. Saw it today. Consumer prices coming in. A lot of money coming into the system. Wonderful euphoric news. Very few headwinds. You could argue wages starting to see that. Reality not yet the time to back off. Liz you have 300 billion in assets. That is why viewers need to listen to you. Is there a favorite sector right now . Without a doubt i like the financials. If i pick one to bet your money on now, as Interest Rates go higher, more on credit balances. Financial stocks are winner at least First Six Months of the year. Liz all stocks are winners, mostly today. Douse off the highs of the session up 222 points. Getting closer to dow 26,000, folks. Balloons are rising. Another record. Looks like the dow will end at 25,797. Followed by records, s p, russell, dow transports. That does it for the claman countdown. See you monday. Have a great weekend, guys. David stocks pushing all kind of records this friday. We seem to be edging dramatically cutting the time for jet another 1000 point gain on the dow. The dow closing up. About 230 points. Just under that. We are very close, look at this, less than 200 points away from dow 26,000. Brand new records for all the major averages today. What a freight great way to start the weekend. Melissa absolutely. Im melissa francis. Happy friday to you. This is after the bell. With very more on the big Market Movers coming up but first here is what else were covering. A live look at marine one. Th