Transcripts For FBC Mornings With Maria Bartiromo 20240713

Stalling, the origins of the coronavirus outbreak, this as the white house is still blaming beijing. Elon musk scoring a win in his battle with california really Alameda County getting green light to open alameda factory after orders to stay close. Futures are searching for direction. This after markets gave up early gains over concerns about a possible spike in coronavirus cases, that leading to a selloff yesterday. Uber looking to take over grubhub in possible all stock deal as food demand surges during lockdowns. More controversy in the Michael Flynn case, a federal judge delaying a decision on the Justice Departments move to drop the case against the former National Security adviser. One programming note, tomorrow, do not miss marias sitdown with President Donald Trump. Latest on getting america back to work, more stimulus, china, the 2020 race and a whole lot more, you dont want to miss any moment of it right here starting at 6 00 a. M. Eastern. Meantime mornings with maria is live right now. Dagen check Global Market in europe, red across the board. Losses in england, france and germany n. The ukgdps contracting 2 in the quarter. In march the economy shrank 5. 8 as the impact of the coronavirus deepened. If asia overnight, markets were mixed, rise in coronavirus cases after lockdown orders eased leading to renewed restrictions in some areas. Mixed markets there. The south korean market nearly up 1 . Shanghai also gaining. Some headlines we are watching this morning. Key members of the White House Task force clashing with senators on when to open schools and businesses. Cheryl casone has all the details, good morning, cheryl. Cheryl the nations Top Health Experts stressing that widespread test asking key warning there could be serious consequences if we reopen the country too soon. Its important to emphasize that we are not out of the woods yet. My concern is in some areas, cities, states, what have you jump over the various checkpoints and prematurely open up without having the capability of being able to respond effectively and efficiently, my concern is that we will start to see little spikes that might turn into outbreaks. Cheryl at one point senator rand paul and Anthony Fauci squared off over risk of sending kids back to school, expressing frustration of one size fits all national strategy. Beaches are reopening today in Los Angeles County, but with strict rules. They would be open for surfing, swimming and exercising, Officials Say anyone must wear a mask and follow social distancing, board walks and bike path wills remain close, los angeles also expanding stay at home order until july saying lack of available testing. Malls can reopen for pickup only as well as dont allow telecommunicating. Car washes, pet grooming are included in that. Meanwhile the countrys largest 4year college system, California State University will keep most of the campuses closed through the fall semester moving classes online. University of california schools which include berkeley and ucla leaving the day for some kind of return to campuses. Well, Alameda County is giving tesla the green light to reopen only u. S. Plant as soon as next week. The company must agree to precautions to protect workers. Ceo elon musk threatened to move headquarters and manufacturing out of california to texas or nevada to protest california shutdown rules. Tesla shares higher in premarket, up almost 2 . Finally more pain for boeing, the Company Received no new orders for april for second month this year. Orders for planes also canceled. Global air travel with tail spin as dozens of flights have been canceled, boeing as we take a look at the stock, dagen, 3 quarters of a percent, dow component. Dagen. Dagen thank you, cheryl, see you shortly. Taking a look at markets we have a bounceback in u. S. Futures, tripledigit gain on dow futures, up 176 points after stocks tumbled yesterday. Investors closely watching moves to reopen the economy, joining us Janey Montgomery investment strategist mark and New York Post kelly jane torrence. Its been too long, kelly opinioned Francis Newton stacy and michael lee, strategist michael lee. Welcome one and all. Mark, to you first, what do you make of markets yesterday . I think they pulled back on headline that crossed of Los Angeles County that it could be what the end of the summer before you really have the lift of the stay at home orders. Mark well, i agree with you, dagen, thats just part of it, though, to no surprise dr. Faucis testimony is what he expected him to come out, caution is the order of the day, premature opening will cause reset in the economy and the markets took that on the chin a little bit because obviously theyve had a substantial rally, up more than 30 and a lot baking pretty optimistic outlook with regard to when the u. S. Economy will be vibrating again and we have seen a number of states that actually almost about 50 of u. S. Gdp either already opened or soon to reopen and consequence of any kind of a flairup and a number of new cases reported that would cause any kind, if you will, stricter mitigation standards being reimposed on the country, i think the market would suffer and of consequence you had a taste of that yesterday morning. Dagen francis . Francis what do you think is priced in the market, if we see selloff, where do you see substantial support . Mark yeah, great question, a quite of bit is priced in the market. Typically the market tends to move up about 4 months in advance at the end to have recession and by way of saying move up on a sustainable basis and so right now the rally off of the march 23rd lows would imply that the economy would see the end of the recession perhaps as early as late july, maybe august of this year and that seems pretty optimistic given everything that weve already sort of alluded to and that to me suggests that some vulnerable to the fact that recovery, even if states are allowed to reopen it wont percolate level of activity that is sufficiently strong for corporate earnings to grow well enough to afford a multiple that is now being priced in equities that implies 20 times forward multiple on earnings that are expected to come not in 2020 but rather in 2021. So when i think about what levels you might test if we do get a full back, certainly much would be made around the case that we could see a test of those march lows. Thats draconian to me. It takes a lot to shape 700 points from the s p 500 at this point in time. Theres a lot of support in there, almost in 100 point increment, 2000, big figures here, but nonetheless at the various levels you see various points of support that you expect the market to release, which pause that which make and stop look around and perhaps allow at the level for economic information and perhaps therapeutic response from the Healthcare Companies to catch up to equity prices. Dagen investors eyeing negative Interest Rates, Federal Reserve chair jay powell to discus his view and much more, to oppose negative Interest Rates later this morning. Mike lee, your reaction. I said for weeks the problem is we focus on the markets so much, but what about the real economy because the markets reacting to massive amount of fed stimulus and the fed propping up asset class after asset class, but then you have one out of four americans almost doesnt have a job or doesnt have enough hours and theres this, two worlds that we are talking about. What are you watching for today . Mike so when you look through and think about the bottom of the business cycle, its typically marketed with widespread bankruptcies, but the fact that the fed opened window in nonfinancial institutions, i think that sets us up to vshape recovery and i would like to hear marks thoughts on that . Mark great question. The markets react in vshape recovery and doing so implying that the economy should follow. I tend to be in more the ushape camp. We wrote a people on it a couple of weeks ago identifying various scenarios in which we do give some sympathy to vshape recovery economically so much of that will depend on therapeutic response and obviously a vaccine that cant come soon enough to eradicate virus from earth, but before that, i think more of a ushape because i dont think we know enough about the known and unknown which is the fact that the virus is going to take to allow the economy to open and with the kind of floors that would suggest back to normal all that quickly. I think its going to take months and or quarters and believe me its going to be quite bleak in terms of numbers in Second Quarter gdp. Dagen right. I want to point before we go, i just want to point out that corporations are changing the way they do business with twitter telling employee that is you can work from home forever but they are looking at their budgets in a way that could dramatically change the entire financial and economic landscape in this country and around the world, literally forever, and we will get into that as the morning rolls on and even advisers are canceling commitment to tv networks, this is in the journal. Im not sure that investors have gotten arms and heads around what the world is going to look like and not just in terms of the Health Crisis but what the world is going to look like in business next year, 25 years, even 10 years, mike, thank thanu so much. We are just getting started. Former congressman darrell issa, Family Medicine physician dr. Mike on how the u. S. Can reopen and Legal Seafood on the chains lawsuit over the covid19 insurance and then in the 7 00 oclock hour we have texas congressman michael burgess, Hardrock International chairman allen and some casinos are making plans to reopen. Nascar draw driver and former White House Press secretary Sarah Sanders on the 2020 race and this can impact the contest. Coming up Michael Flynn case, the potential impact next this is decision tech. Find a stock based on your interests or whats trending. Get realtime insights in your customized view of the market. Its smarter Trading Technology for smarter trading decisions. Fidelity. Dagen fighting Justice Department over Michael Flynn, u. S. District court judge sullivan issuing order that he expects parties may seek to intervene in the Michael Flynn case putting a hold on the Justice Departments plans to overturn it. A group of 16 former watergate prosecutors requesting monday to file an amicus brief to speak out against attorney general barrs reversal, writing this, quote, this travesty of justice has consumed 3 or more years of innocent mans life, no further delayed should be tolerated or any further expense cause today him or his defense. Joining us former california congressman current congressional candidate darrell issa, this order is very unusual, darrell, that the judge is allowing friend of the court briefs which are not often filed in criminal cases, why . I think he doesnt want to let go of a case that in many ways is a little like the ancient case of miranda in 1966. You have failure to respect the fifth amendment rights of general flynn and when the recognition is happening not at the Supreme Court but at a local level, he doesnt want to let it go, the reality is that when the Justice Department doesnt want to prosecute or they feel they have uncleaned hands, normally a judge goes along pretty much as a rubber stamp. Dagen i want to ask you this, though, because in terms of why isnt this an easy decision by this judge. Theres a prosecutorial violation of the brady rule where there was not exculpatory evidence was not turned over to Michael Flynns defense and no evidentiary to justify interview and why why is this such a hard decision . Well, it really isnt a hard decision and when in the light of day after both sides have had their sort of political public debate, whats going to happen is more people are going to know that the department of justice is, in fact, an organization and when we talk about the swamp you point right towards that place because both the avenue and highranking people at the department of justice knowingly violated this mans rights, knowingly deceived including walking into the white house in order to entrap general flynn. Its that simple. Dagen i wanted to mention this, no russia collusion. Wall street Journal Editorial Board calling out adam schiff, House Intelligence Committee chairman which maria has for years for attempting to block nearly released transcripts that prove that the Trump Campaign did not collude with russian officials in 2016, mr. Schiff is a powerful figure with access to secrets that the rest of us cant have and he mislead the country repeatedly on an issue that consumed american politics. I want to get Kelly Torrence on this. Kelly, weigh in. Kelly yeah, its really quite shocking that adam schiff has not had any consequences for this. For years hes been saying theres been direct evidence of collusion and we are now finding that just not the case, he attacked devin nunes for disagreeing with him, theres no evidence to support anything adam schiff said over the last few years and, darrell, i was wondering do you think adam schiff will face any consequences for lying for years . Darrell well, if nancy pelosi loses her speakership maybe but the reality adam schiff and i came to congress 2 years ago together, he has risen through the ranks by being overt political figure and he knowingly lie today the American People and as you said he used the fact that you could see things he couldnt to not only lie to the American People but turn it on devin nunes and imply that somehow devin was, in fact, the one that wasnt telling the truth. We now know two people looked at the information, one lied about it and it was adam schiff. Dagen repeatedly. Aided and abetted by other Television Networks that they put him onto push their own antitrump russia collusion narrative. Congressman, we will see what happens, john durham is on the case looking on went on with the fbi and the Intelligence Community leading, that gave birth to this investigation in the first place, we will keep watching, please come back. Darrell will do, thanks, dagen. E dagen car reel darrell is, we will be right hard to answer your questions. Like helping you understand what the recently passed back. Were more than a financial company. Were a together we can get through anything company. Now, more than ever. Confident Financial Plans, calming Financial Plans, complete Financial Plans. Theyre all possible with a cfp® professional. Find yours at letsmakeaplan. Org. Theyre all possible with a cfp® professional. There are times when our need to connect really matters. To keep customers and employees in the know. To keep business moving. Comcast business is prepared for times like these. Powered by the nations largest gigspeed network. To help give you the speed, reliability, and security you need. Tools to manage your business from any device, anywhere. And a team of experts here for you 24 7. Weve always believed in the power of working together. Thats why, when every connection counts. You can count on us. Dagen elon musk, boom, game that pays off. California factory can officially reopen as soon as next week as it adopts guidelines to keep employees safe. Musk made it clear monday that he was opening regardless even daring local officials to arrest him. Michael, what do you make of this, because, again, the state said it was okay at the state level that some manufacturers could start reopening on what it was may eighth but then local authorities in Alameda County intervene. This is a win not just for elon musk and tesla, its a win for anybody who is trying to get back to work safely. Well, dagen, give a man a hammer and all he sees is nails and the people in charge just cant get enough power. We were told 15 days to slow the spread and now we are two months in and outside of pockets of new york city we are not even close to overrunning the healthcare system. Its time to get it open. Good for elon musk for throwing weight around to get back to work. Its time for all the country need to get back to work. People know the risk and they have choice and give people the choice and take it out on lawmakers and policy drivers hands and give it back to the people. Dagen francis, how does this affect other businesses trying to get back to work . Francis i think hes setting a great precedent and other businesses will feel confident that they can put pressure on governments to get back to work which in the longer trajectory is good for the economy. Whats very interesting and interesting to watch does elon still move to texas or nevada even though hes able to open up or is this enough to keep him in california . Dagen well, kelly, what i love is and im looking down because im looking at my phone, but other i think the governor of colorado had been was the governor, jerry was tweeting at elon musk saying, we want you here, we are the best of all worlds, we are probusiness, low taxes, proimmigration, prolgbt globally minded. I just love that the states are just doors and arms wide open for somebody. Kelly that was great, dagen, greg abbott, the governor of texas also tweeted at him welcoming him there. You know, we know the competition works, free market works, why not have government starting to compete . Certainly california, beautiful sunny place, but its just not friendly to business and i have to say that elon musk, of course, had some friends in high places, the president , of course, tweeted his support of tesla reopening, but your average mom and pop store here in new york, in california, everywhere, they dont have the friends in high places and you just think how many people would like to reopen. You know, Retail Stores that can offer curbside pickup, for example, they just arent allowed to do so and its really hard for them right now and they dont have the im glad he used it for good and encouraged other businesses. Dagen this is blue and red, right, left, middle and even off the charts. People are reopening regardless of what a local officials are telling them, even state officials. I see it, i hear about it, the restaurants that are reopening, you go in to pick up some food you ordered, maybe you can have a drink at a bar somewhere or two or three while youre, quote, waiting for your food, its happening and its happening in the bluest of blue states, just keep watching, america will not stay asleep for long. In the meantime racing for a cure, what Infectious Disease expert is saying about the covid19 vaccine next adversity came to town and said, show me what youre made of. So we showed it our people, sourcing and distributing more fresh food than anyone. We showed it our drivers helping grocers restock their shelves. We showed it how were donating millions of meals to those in need. We showed it how we helped thousands of restaurants convert to takeout and pop up markets. And how were encouraging all americans to take out to give back. Adversity came to town. So we looked it right in the eye. And it wont be us. That blinks first. Can it help keep me asleep . Day sale on the sleep number 360 smart bed. Absolutely, it senses your movements and automatically adjusts to keep you both comfortable. And now, save 1,000 on the sleep number 360 special Edition Smart bed, now only 1,799. Only for a limited time. Dagen welcome back, im Dagen Mcdowell in for Maria Bartiromo who is out on assignment, when may 13th, top stories at 6 30 a. M. Eastern. Futures are pointing to a higher open, 162 point gain on the dow futures just after markets gave up early gains over concerns about a possible longer lockdowns over coronavirus. The headline coming out of la county really kind of shooked investors nerves. Checking Global Market action in europe. Its red across the board this morning. Losses of about 1 or more in england, france an germany. In the uk gdp con contracting, steepest decline in 2008, in march, in fact, when the shutdown started the economy shrank 5. 8 as the impact of the coronavirus deepened. In asia overnight, markets mixed, we have gains in south korea and shanghai and despite areas in china seeing rise in coronavirus cases after lockdown orders were eased, leading to renewed restrictions in some areas. Secretary of state mike pompeo, hi, cheryl. Cheryl good morning again, mike pompeo meeting with Prime Minister Benjamin Netanyahu to discuss israels controversial plans to annex west bank, israelian troops killed palestinian. Pompeo first foreign official since country effectively closed borders to help the spread of the coronavirus, American Flag for a mask as you can see on the screen. Mayor League Baseball ending first round of talks without a deal on restarting the season. Salary cuts did not come up at the meeting and its not clear when the two sides are going to meet again and plan to bring baseball around july 4th. Nba players to salvage season in a safe way according to associated press, players want to resume part of regular season which was disrupted by the coronavirus pandemic. Finally here is a look at whats trending this morning on foxbusiness. Com. Nieman marcus creditor calls for deal with saks fifth avenue, big holder of debt. Coronavirus relief with 30 milliondollar clothing donation. Dagen, those are your headlines. Dagen thank you, cheryl. The race for vaccine, White House Task force dr. Anthony fauci striking optimistic tone as the nation fights the spread of covid19. During Senate Hearing yesterday, dr. Fauci said that the u. S. Has a shot at more than one vaccine as early as this fall. We are now in phase 1 Clinical Trial with two doses already fully enrolled. Theyll be safety, phase one will directly go to 2, 3 in late spring and early summer and if we are successful, we hope to know that in the late fall and early winter. There are some important issues, however, in covid19 vaccine development. We have many candidates and hope to have multiple winners, in other words multiple shots on goal. Dagen joining us now Family Medicine dr. Mikhail varshavski, aka, dr. Mike. What did you make of what dr. Fauci was saying yesterday . Mike good morning, dagen, i think dr. Fauci speaks confidentfully and and i like hes taking optimistic tone. Everyone wants to have successful vaccine so we can return back to normal as soon and as quickly as possible. If we have vaccines that are available late fall, maybe even early 2021, i think thats going to make the process a lot easier because what the vaccines do is they bring up immune system to a level where its prepared to deal with covid19 where we do not see devastating strain so far. Dagen businesses are beginning to reopen like requiring face mask and installing plaxyglass. I took my dog to the vet, you approached the door, you call, they come out and take information while they are Wearing Masks and they take the dog, you dont want into their facility at all and the doctor calls you while youre with your puppy, they allow you to walk back out and then you get your dog. Its about decreasing the possible risk of transmission and, dagen, i will tell you the most common place of this transition takes place is in crowded conference rooms, big events, so those are the ones that are going to be really taking the heaviest toll for the next 6 months because those are the ones that are going to have to be cut short or at least changed in the way that we follow our normal policy. Dagen but regular folks across this country, they see the Grocery Stores are opened, home depot, the lowes parking lot, theres not one space in the hole lot, the stores are so crowded. You had the essential businesses open and they just look at that and say, well, if those businesses can open, why cant more businesses open and wouldnt that actually reduce the crowd density because clearly people are not going to stay at home, they are in their cars, they are out, theyre actually looking for things to do, so if you allow more businesses to open it will reduce the crowd size which is inherent danger. Mike yeah, dagen, this has to be taken on a casebycase basis because each state or even each city is experiencing different sort of stages of the covid19 pandemic. In new york city where its fairly trending down and thats why we are starting reopening process and in los angeles they are extending their restrictions because cases continue going up and theres no one size fits all solution. I do think that we desperately need to start opening up but we cant do it without a strategy in place, without knowing what we should do because if we reopen too soon and we are starting to see our hospital rooms get overfilled, icus get overfilled, thats going to put us in a place where we will reinstitute measures and nobody wants that. Dagen do you think doctors state and local levels that are by the way as news alert as dog owner, the dog parks are open, the dog runs are open in new york city for the Hudson River Park system, they opened last weekend. You have to wear a mask and, you know, keep your distance, but like the dogs are having a blast. [laughter] mike yeah, absolutely, dagen, again the whole part of covid19 virus is that we are not going to stop it from affecting people. Its going to go up, cases are going to happen but we have to remember by in large when someone gets sick with covid19 theyll do just fine. We cant treat if its a deadly virus and everyone that catches it will do horrible. Thats not why we implemented the Safety Measures. The reason because everyone was getting sick to quickly that it was going to break our Hospital System to the point where our hospitals couldnt care for regular patients and we couldnt have that happen so, yeah, we will have dog parks open, stores open, people will catch covid and we will figure out how to deal with it. The important part we dont do it too soon because if everyone gets sick at the same time thats where the problem arises. Dagen before we go, i want to mention, i want to get your insight into this coronavirusrelated its a link illness thats showing up in children. 100 children in new york state alone experienced symptoms of this inflammatory condition prompting new York Governor Andrew Cuomo to prioritize testing for children showing symptoms. Similar cases in connecticut, kentucky and washington state. Its similar to kawasaki syndrome, so whats the treatment . Mike the treatment for this is really making sure that the children are tested early and quickly so we can identify that it is, in fact, the syndrome thats going on. When you have a highly inflammatory state like, this it can cause multiorgan failure rather quickly but at the same time we must know that just because this is happening in the select few children, this is not happening on a mass scale, when kids get sick with covid19, they do much, much better than adults and even adults are not suffering not by in large, 90 do really well and children even better. This is happening rarely but this goes to show that we do not fully understand how the virus affects children and we need to not think that children are completely safe. Theres still side effects and still some unknowns with the virus and out of the 48 children that have had something similar with this inflammatory state, 40 of them had medical complexities that were high, other underlying issues, so we think that could be a possibility, but we are still investigating and i think thats why we havent made any decisions when it comes to kids. Dagen not to put you on the spot, but coronavirus cases in the United States, whats the overall death rate at this point . Mike thats a highly debated topic, we think its circulating around the 1 mark. Once we see asymptomatic cases, seem today drop somewhat. In tend when we count, still higher than the flu. Dagen 1 , thats ten times higher than the flu but lower potentially with the people who, done, the asymptomatic cases. Dr. Mike, thank you so much, dog runs in Hudson River Park over on the west side of manhattan, they are open, get out there my friend. Thank you so much, dagen. Dagen coming up coronavirus lawsuit, one restaurant chain taking court over pandemic coverage. Next be sure to tune in tomorrow morning. Maria has exclusive interview with President Trump covering wide range issues from reopening the economy, rising tensions with china, you dont want to miss it. Een the break in the clouds before anyone else. For the past 168 years, weve also stood by you, helping you weather storms like this one, to protect your loved ones. And well do it for 168 more. The story where the chances are low, and the cost is high. The sacrifice is real. Its all around us. But this isnt a story about how tougher times beat us. This is our comeback story. The time when we rally and come from behind. The time when we defy the odds and get back to work while the whole world watches. Yeah, this is your comeback story. And when its time to come back, well be ready. At a tiby anen kids invisible villain, theres an elite group helping them understand and be safe. 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Dagen Legal Seafood looking for legal victory, filing a lawsuit against insurer refuse to go cover coronavirus losses, insurance denying the claim not once but twice despite Legal Seafoods being under an all risk policy. Joining us now president and ceo of Legal Seafoods roger berkowitz, whats the reason that the insurer gave you for denying the claim. Roger, good morning, thats a very good question, i suppose ensuring companies, the default position on them is to deny all claims, but thats the only thing we can assume, you know, we have been in the Restaurant Business a long time and over the years we understand, you know, all the risks that happened in the course of doing business and so thats why you put out allrisk policy and we signed an allrisk policy and we signed it march march first, thats when the pandemic was known, thats when it was in china and thats when it was in europe and there was cases in the west coast and there was no exclusion in the policy for covid19 or or the pandemic, so we felt we were covered on it and submitted the claim, immediately rejected and then we had Insurance Experts and attorneys take a look at it and said is this right and they really we have seen hundreds of policies, very few, you know, have the have the exclusion and all risk and, again, it was issued, you know, when the pandemic was well known, so we submitted it again, it got kicked back without any investigation, so we assumed that thats the default position and we are going after it. Dagen kelly. Kelly yeah, roger, is there a question about what actually is causing the shutdowns, the pandemic itself or government actions that are forcing restaurants like yours to close . Roger well certainly government actions but also a case to be made for the for the virus itself because, you know, theres a question as to whether viruses linger on surfaces or not and its a its a valid point, we believe, and the attorneys in the Legal Community think its a viable fight. Dagen so massachusetts stay at home order is in place until may 18th, roger, what are your plans for reopening . We will be very cautious about it and we have plans in place. We have the person who heads up our sort of inhouse health department, if you will, as an epidemiologist and former Public Health official, so what we are going to be doing probably screen line menus that can be executed fairly quickly, again, the thought is that the occupancy will be down a fair amount. Theyll be social distancing and one of the things we are looking into frankly is a fogging mechanism to fog every restaurant before it opens to make sure that all the viruses that could potentially be there can be eliminated. Dagen you head a decision about that, are you going to be installing in the restaurants, interesting . I believe we are, we are trying to procure them as we speak, yes. Dagen no one i know that eats at seafood regularly needs a menu, we know what we like, you dont need menus, just yell chowder. Itll do chowder, lobster rolls, itll be tradition element all of the things in the Restaurant Business are fearful about, the model, you have to be about 85 occupancy in order to make money. So one of the things that restaurants will be doing at this point, again, streamlining at the speed of service so we can do more volume with limited capacity. Dagen and demanding a rent reduction and that goes for restaurants and retailers. Theres going to be pricing of rents across the country, mark my words. Ive been talking about it for weeks. Roger berkowitz, great to see you. Thank you very much. Dagen coming up puzzling puzzle, may take longer than the lockdown. I laugh, wait till you see it. Next. There are times when our need to connect really matters. To keep customers and employees in the know. To keep business moving. Comcast business is prepared for times like these. Powered by the nations largest gigspeed network. To help give you the speed, reliability, and security you need. Tools to manage your business from any device, anywhere. And a team of experts here for you 24 7. Weve always believed in the power of working together. Thats why, when every connection counts. You can count on us. Dagen time for the morning buzz, first up return to the movies, studios are working to get fans back into theaters across the country plan to go rerelease classic blockbuster films that could cost a little as two bucks a ticket, jaws, harry potter and back to the future and psycho and studios planning to take 30 of ticket sales, they usually take about 50 on new releases, francis, are you buying . Francis oh, yes, i think people have been locked up in their homes and i think this is a smart move to get people back in theaters and ward off cultural change of streaming from home and letting people do these sorts of things. Dagen urban cowboy streaming on netflix and the song texas which i will play in the commercial break. Next puzzles, now extremely popular as millions of americans quarantine at home, releasing an allred 570 piece catchup puzzle. No pictures or images to connect, just same shade of red, michael. Micheal there are more pieces, the harder the puzzle the better. [laughter] dagen i will watch urban cowboy 50 times before i tackle that. [laughter] dagen bars eventually will reopen. Some owners may be wondering how can a customer sip a cocktail while wearing a face mask, tinny holes for straws, the masks cost 30. Kelly this defeat it is purpose of a mask, but what do you think . Kelly god bless america, dagen. You have people who are stuck inside, they are not getting any sort of social life. I think its a great i have to say i noticed in Madison Square park near where i live, people have been taking their drinks outside and drinking them and, you know, if they can do it even more safely without taking off the whole mask, i say cheer, the funny thing i see in new york people taking off their mask to have dagen my personal favorite is all the people when im running and i dont wear a mask when i run. I try to stay away from people but they like to lower the mask so they can shout at me. Nascar fans listening up, all sports fans, i will be driver of nascar racing ford, mornings with maria next hour. On people our advisors, associates, clients and communities gives us purpose, strength and a way forward. Today. And always. Every Financial Plan needs a cfp® professional confident Financial Plans, calming Financial Plans, complete Financial Plans. Theyre all possible with a cfp® professional. Find yours at letsmakeaplan. Org. Dagen good morning. Im Dagen Mcdowell, in for Maria Bartiromo who is out on assignment. Its wednesday, may 13th. Your top stories, 7 00 a. M. Eastern. Reopening america, dr. Anthony fauci warning if areas reopen prematurely the u. S. Could see spikes in coronavirus case thats could turn into outbreaks. Meantime, democrats unveiling a 3 trillion relief package, thats more than double the relief already passed by congress and signed into law. It will provide funding, more funding for state and local governments, another round of money going directly to americans. A vote expected later this week. Theres already pushback over concerns of a growing debt. There are signs that china is stalling the search for the origins of the coronavirus, this as the white house is still blaming beijing. Elon musk scoring a win in his battle with the Alameda County of california, getting the green light to officially reopen teslas factory in that county in Northern California after defying orders to stay closed. Turning to the markets, futures are pointing to gains this morning, we have a 155 point gain on the dow futures, after markets gave up early gains yesterday. I see one of the triggers yesterday was that headline that came out of california, that la county might extend the stay at home order for the next three months, to the end of the summer. That rattled wall street, a 2 loss across the board on the dow, nasdaq and s p yesterday. Uber looking to take over grubhub, as food delivery demand surges during the coronavirus lock dowrchs. More controversy in the Michael Flynn case, a federal judge delaying a decision on the push to drop the case. A programming note, tomorrow dont miss marias sitdown interview with President Trump, the latest on the flynn case. Getting america back to work. Additional stimulus, china, the 2020 race for the white house, so much more. You dont want to miss it, tomorrow, right here, starts at 6 00 a. M. Eastern, here and now, mornings with maria is live of. Checking Global Market action in europe it is red across the board in england, france around germany. In the u. K. , gdp contracted 2 in the First Quarter, the steepest decline since the 2008 financial crisis. In march alone, the economy shrank nearly 6 , 5. 8 as the impact of the coronavirus deepened. In asia overnight, markets were mixed, areas of china and south korea seeing a rise in coronavirus cases after lockdown orders were eased. Leading to renewed restrictions in some areas. But those markets, south korea and shanghai up in wednesday trading. With me this morning, kelly jane torrance, Francis Newton stacy and michael lee. Welcome, one and all. Stick with us. Lets get to headlines first. Were watching this, this morning. Key members of the White House Task force clashing with senators on when to open schools and businesses. Cheryl casone has more. Cheryl. Cheryl thats right, dagen. Good morning again and the nations Top Health Experts stressing that widespread testing is the key. Warning there could be serious consequences if we reopen the country too soon. Its important to emphasize that were not out of the woods yet. My concern is that if some areas, cities, states or what have you jump over those various checkpoints and prematurely open up without having the capability of being able to respond effectively and efficiently, my concern is that we will start to see little spikes that might turn into outbreaks. Cheryl well, at one point senator rand paul and dr. Anthony fauci squared off over the risks of sending kids back to school. The kentucky senator expressing frustration about a one size fits all national strategy. Well, beaches are reopening today in Los Angeles County but with some strict rules. They will only be open for surfing, swimming and exercising. Officials say anyone on the sand must wear a mask and everyone must follow social distancing. Parking lots, board walks and bike paths will remain closed. You talked about this affecting markets yesterday. Los angeles extending the stay at home order through july, stating a lack of available testing. Call california said yesterday s can reopen for pickup only as well as office thats dont allow for telecommuting. Also included outdoor museums, car washes, pet and grooming and walks businesses. California State University is going to keep most of the 23 campuses closed through the fall semester and move all classes online. University of california schools which include berkley and ucla leaving the door open for some kind of return to campuses. So stay tuned. Another hurdle in the governments efforts to drop its criminal case against Michael Flynn. A federal judge overseeing the prosecution of the former National Security advisor is going to allow friends of the court to submit their opinions. This is the latest twist in the case against flynn who pleaded guilty to lying to the fbi about speaking to the Russian Ambassador to the United States. Well, those are your headlines and dagen, i will send it back to you right now. Dagen thank you so much. House Speaker Nancy Pelosi introducing the newest and largest round of coronavirus funding in the form of an 1800 page, 3 trillion package. The heros act includes more assistance for state and local governments, hazard pay for healthcare workers and rent and mortgage relief. Some in the senate not okay with it even as pelosi touts thinking big. The Federal Reserve bank told us to think big because Interest Rates are so low. The low Interest Rate and the prospect of access to credit has bolstered the stock market. We intend to use those low Interest Rates to bolster the American People. We must think big for the people now because if we dont, it will cost more in lives and livelihood later. Not acting is the most expensive course. What youre seeing in the house, nancy, is not something designed to deal with reality. But designed to deal with aspirations. This is not a time for aspiration allege subluxation. This is a time for practical response to the coronavirus pandemic. Dagen democrats hope to bring the bill to a vote on friday, thats in the house. Joining me is texas congressman, member of the house energy and Commerce Committee and medical doctor, michael burrgess. Congressman, are you a no on this . Im trying to read through all 1800 pages, but first glance, look, weve done a lot already. We need to figure out what weve done is working so i would be a no on this package. Dagen well, heres a little interesting tidbit in this 1800 page bill. There is a it includes a repeal of the state and local Tax Deduction cap of 10,000. This is a tax break for rich people, period. The salt cap rate, 33 billion in 2018 from those earning more than 1 million. So nancy pelosi is putting her, boom, stamp on a tax cut for the rich. Yeah, its a giveaway. Look, that tax was not particularly popular a couple of years ago when or the salt tax provision was not particularly popular in 2017 but i think it has performed as indicated and for a state like texas that doesnt have a state income tax there was always a question of why are you subsidizing higher tax states from lower tax states. So from a texas perspective, the salt provisions of 2017 made a great deal of sense. Look, but thats been one of the things theyve been trying to get at ever since. And youre quite right, people who will be benefiting are not the people at the lower ends of the income scale, its going to be the people at the upper ends dis and what you might have to sacrifice long run. That helped pay for the Corporate Tax cut and the individual tax cuts. Mike lee, nancy pelosi, the democrats were trying to use the rising deficit against President Trump and the republicans before the coronavirus pandemic. But now theyre saying rates are so low, weve got to borrow, borrow, borrow. When does this become a problem for the market, for the at least the bond markets . The United States, the 12 month deficit through april was 1. 9 more than 1. 9 trillion, Second Quarter borrowing will be nearly 3 trillion for the treasury department. Is she right or wrong . Well, look, what Something Like this would do would not only be just an outright political sham in the middle of a crisis, but youd further along the japanifica tion of america. When people look at it and see deficits and ballooning debt and think hyper inflation, the problem becomes japan where you can never grow and the rich stay rich and its impossible for people without assets to acquire assets. I would be interested to hear the congressmans reaction to that. When chairman powell spoke to the republican conference, i dont think we got the same message that apparently the democrats heard on their visit with him. I thought the approach was more like, look, weve got to save some things right now, weve got to preserve the fundamentals of the economy so we can grow in the future, but if we can grow in the future, then the problems that the Additional Debt were taking on are manageable. If we dont grow or the debt becomes unmanageable, then thats big trouble. But the message i got was not that just keep spending because theres no penalty. Obviously, there is a penalty from continued spending. Dagen one other thing in this 3 trillion proposal, and i said even before this, this is House Speaker pelosi gasping for relevancy because she was essentially iced out on the more than 2 trillion in early aid that went out because that was handled by secretary mnuchin, the white house and the senate republicans. It does it keeps that 600 additional unemployment benefit increase that came from the federal government, it keeps it in place until january and you already have roughly half of all u. S. Workers are earning more on unemployment than they made in their jobs and many Business Owners as the economy reopens, as states reopen, are having trouble bringing workers back because theyre making more at home on unemployment. How would this exacerbate the problem of a nation trying to reopen if you extend those extra benefits from july to january . I think you correctly identified, clearly well have a workforce problem. Its already im hearing about it at home from people who are trying to kind of bring things back online, that it is hard to entice someone back when theyre earning more on unemployment. There is an end point to that right now. Middle of the summer. If you extend that past the first of the year, you just delay the eventual reopening of the country that much more. Look, theres no way in the world that we can print or create enough dollars to completely replace the entire United States economy for the rest of this year. We have to get the engine of the economy spinning again and if we dont do that, if we dont do that, there is virtually no way we can appropriate enough money on emergency or supplemental basis to do that. Because ironically dagen speaking of reopening, hows the reopen going in your district in texas . Its phased. Its obviously been taken in stages, i guess three weeks ago they allowed for elective surgeries to be scheduled in the hospitals which was critical because the hospitals had zero cash flow and they were empty. Weve done this to try to protect the hospitals from a surge of patients. The surge didnt happen. Now the hospitals were going were literally dying on the vine, so thats been critically important. Certainly traffic i continue to go to my District Office every day. We have a reduced workforce so we can all socially distance. But the traffic counts just from what ive seen look like some mornings its pretty much back to normal. You go to walmart and lowes and, yeah, its getting pretty crowded. Heres the thing, though. President trump, what he did in the state of the union message, he outlined an economy that was robust, that was going to deliver for all sectors of the economy. Speaker pelosi stood behind him and ripped it to shreds. Shes been the speaker for the worst economies of the last 20 years. I dont know why we would trust her to try to get us out of this one. Dagen tax cut for the rich and the blue states. There you go. Congressman michael burrgess, thank you so much. The congressman mentioned President Trumps state of the union. Were going to hear from the president , he sits down with maria, tomorrow, an exclusive interview with President Trump covering a wide range of issues from reopening the economy to the rising tensions with china. You dont want to miss it. Dagen tesla getting the green light to reopen its california plant with some restrictions, tesla shares higher in premarket trading, up almost 2 . Alameda county ruling that the factory could fully reonly as soon as next week with Safety Measures in place. Ceo elon musk defying the county order, allowing employees to return to work this week while threatening to move its headquarters to texas or nevada. Joining me now wed bush securities wedbush security director, dan ives. It seems like, dan, this is what elon musk and his brother were saying who is on the board, is that the state was fine with it but it was bar barr crates buren Alameda County who were trying to big foot on their business. The county was continuing to restrict tesla where if you go five, six miles away, you could have manufacturing. And that was really the frustration not just of musk but of investors, in terms of freemont not opening. Every time, every day they cant open is cash burned. This was an old western standoff, the street is very focused on. The next step will be if tesla decides to move to nevada or texas. Dagenwhat are. Dagen what are g for on that . Do you think that happens . Lower cost and less regulation would certainly benefit the company. Theres two different ways to look at it. One, it would probably take 12 to 18 months at least and there would be some worries about logistical delivery, maybe hiccups if they did that. The next step, in terms its not just 10,000 employees. Is that going to be another manufacturing hub for tesla, also the cyber truck they talked about potentially in texas where they produce that and it just comes down to right now, you know, musk and tesla had significant momentum and obviously covid19 pandemics been a significant head wind but restarting the engines are key, especially given what theyre doing in china as well. Dagen how elon musk has reacted to the shutdowns and particularly what Alameda County was up to, it is really made a lot of people across the country in red states Pay Attention to him. Does that actually give a halo effect to the brand . Does it attract attention even potential car buyers, that werent otherwise there for a tesla . Well, i think it speaks to the musk not just in the factory, but outside in terms of what hes done. Hes someone that talks the talk but walks the walk. I think it further to some extent emboldens the core tesla investor around musks actions. Ultimately from a car perspective, it really comes down to model 3s, getting them delivered and produced. Thats why, remember, musk has a much different view than a zuckerberg of facebook because theyre a Services Company and that continues to be a much different situation relative to tesla and facebook. Dagen really quickly, uber, dan, is reportedly looking to acquire grubhub, all stock deal potentially. You can take a look at the stocks, both are down roughly half of 1 . It would create the largest food delivery entity in terms of sale, reduce competition. What do you make of the deal . The writing is on the wall for uber. The world has changed since covid19. Glob hubit would give them moreg power and more and more, thats going to be a Growth Engine for them. Now the question is f a deal happens, what price. Also, this would be a stock deal in terms of the way it was reported. Thats something investors will look favorably on, especially given what i view as the significant head winds in the core ride sharing business. Dagen dan, always great to see you. Even remotely. Dan ives. Thank you. Dagen take care. Thank you so much. Well be right back. Can my side be firm . And my side super soft . Yes. With the sleep number 360 smart bed, on sale now, you can both adjust your comfort with your sleep number setting. Can it help me fall asleep faster . Yes. By gently warming your feet. 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Dagen curbing crime amid covid19, more than 100 inmates have been rearrested after being released from new yorks liker island over coronavirus concerns. It comes as inmates at one california jail attempted to intentionally infect themselves with covid19, drinking from the same cup, in hopes of getting an early release. Inmates were caught on camera sharing the same water dispenser, sniffing from a common mask, and drinking hot water to boost their body temperatures. Within a week of the surveillance, 21 inmates tested positive. Joining us now, fox news senior judicial analyst, judge andrew napolitano. I want to focus on the rearrest of people release from rikers island. What do you make of that . Well, the problem is you not only have people good morning, dagen. You not only have people being released because of the question individual issue in the covid issues in the jail, the people being released dont necessarily have covid but have been exposed to it but you have the crazy situation you and i have talked about this until were blue in the face, about the bail situation in new york, where if the crime is not violent or a body part is not impaired as a result of the violence, theres no bail. This is a revolving door. Getting arrested for committing a crime, being released on bail or being released because of the covid. This is a monumental threat to public safety. In an era where admittedly crime is down because most people are staying home and are there to protect their properties but nevertheless people have to be aware of it and the police need a little bit of relief. The bail law has to change. Governor cuomos admitted that. But the legislature is obviously not in sense and that change wont come about until the pandemic is gone. Dagen i want to ask about details in the death of kobe bryant. The Helicopter Company denying denying allegations of wrongdoing, saying kobe bryant and his daughter knew the risk of dying. California is one of the few states that has a doctrine called assumption of the risk which basically means if the injured person knew the risk that they were involved in, and took the risk anyway, then part of the injury is their own fault. This is a reprehensible doctrine. Its a holdover from the preworld war ii era, nearly all other states have gotten rid of it but basically if a jury found that the fault of the crash was because of an improper pilot operation, but that kobe and his daughter had reason to anticipate this, that could reduce the judgment to mrs. Bryant. It would be would require a monumental proof. They would have to prove the lawyers for the Helicopter Company or the Insurance Company would have to prove somehow that kobe and his daughter were aware of all the risks of flying on that morning and aware of the poor judgment on the part of the pilot. Very difficult to prove. Most states this, as i said, went out the window about 20 this defense went out the window about 20 years ago. Dagen judge, great to see you, sheltering in place. All the best. Dagen i miss you. Judge andrew napolitano. Well be back. The weather changes. Your tractor can change with it. When its hot. Stay cool. When its cold. Stay warm. When youre hungry. Plant a vegetable garden. When theres a lot to do. Do it all. And do it right. With power. With versatile performance matched attachments. Without breaking a sweat. Comfortable. Ready for anything. The new kubota lx series. Now every bath fitter bathbath fis installed quickly, safely, and beautifully, with a lifetime warranty. Go from old to new. From worn to wow. The beautiful bath youve always wanted, done right, installed by one expert technician, all in one day. Weve been creating moments like these for 35 years, and were here to help you get started. Book your free virtual or inhome Design Consultation today. Confident Financial Plans, calming Financial Plans, complete Financial Plans. Theyre all possible with a cfp® professional. Find yours at letsmakeaplan. Org. Dagen welcome back. Im Dagen Mcdowell, in for Maria Bartiromo who is out on assignment. Its wednesday, may 13th. Your top stories, 7 30 a. M. Eastern. Futures are pointing to a higher open, a 165 point gain on the dow futures, this after markets gave up early gains over concerns about a possible spike in coronavirus cases that led to a selloff. Los angeles county also hinting that a stay at home order could be in place for three more months. Checking on the Global Market action in europe, its red across the board. The u. K. Economy contracting 2 in the First Quarter, in march the economy shrank by 5. 8 as the Coronavirus Crisis deepened. In asia overnight, markets mixed. You can see the kospi in south korea and shanghai gaining a bit. Fema canceling more than 55 Million Contract for vital medical supplies like masks. Why . Cheryl casone has the answer. Cheryl. Cheryl yeah, dagen. So this contract was awarded to pennthero worldwide, a small Virginia Firm that has no expertise in the mask business. Well, the company agreed to deliver 10 million n95 masks to fema by may 1st. The deadline was extended to ma. Still no masks were delivered. Now fema is canceling the contract, saying it will not pay until the masks are finally delivered, if they ever will be. Lucken coffee fired its ceo and coo following an investigation into a sales scandal. They stepped down from the companys board earlier this week, the two apparently behind a scheme that created phony sales of 310 million in 2019. Lucken competes against starbucks in china. Heres a look at whats trending this morning. China wont broadcast nba games following coronavirus pause, reiterates the boycott that started last fall. Movie related toys and merchandise still hitting stores despite film delays. Top gun toys were being produced before the pandemic. Costco selling a 30,000 babe routruth signed baseball. Shipping and handling are free of charge if you buy it. Dagen thank you, cheryl. Cheryl casone with the news. Coronavirus a game changer for the gambling industry. Mgm warning of layoffs, releasing a seven point safety plan outlining how it will reopen resocieties and casino, including hand washing stations, plexiglass barriers and social distancing. Wynn resorts taking 50 revenue hit due to the shutdown. Kejoining us now, chairman of hd rock international, jim allen. Jim, what does business look like to you right now and what are you planning in terms of a reopen . You know, our business is actually in 76 countries around the world, so weve been dealing with this situation since january. Domestically, our casinos were thinking about opening in florida the end of may, early june. On a global basis, frankly its one country at a time. Dagen florida, if you reopen in the end of may, what is the casino going to look like, if youre dagen, were anticipating very large crowds. We saw some openings last week in other parts of the United States and, frankly, volumes are tremendous. We will be prepared for that. Our max capacity were going to allocate is about 50 , as we kind of navigate through most importantly safety for our guests and for our employees. But frankly, were more concerned about third quarter, fourth quarter, First Quarter of next year because i think after the initial pentup demand is behind us, then the question is, whats the frequency and available Discretionary Income to come to an entertainment facility such as an en it. Greated resort. Dagen what is the casino floor going to look like, is there going to be plexiglass between me and the other players, me and the dealer . We had some nice experience with this prior to our actual closing which was on march the 20th. So we basically would have one machine off anywhere from three to four, keeping social distancing. At a black jack table, half of our tables will have dividers, max individuals, four per table and then another shield for the dealer itself. Certainly all employees will be in gloves and in masks with sanitizing stations all around the facility itself. Dagen take the fun out of roulette for sure because thats a whole thats kind of the fun of it, being on top of a crowd when somebodys got a hot hand. Francis has a question. Francis. Francis im kind of curious, as an investor, i understand the demand shock but how much is it going to cost to put in Digital Innovations and plexiglass and what should we consider as investors Going Forward . You know, i think obviously depends upon the size of your company and our particular case when we look at the cafes, the security methods needed there are much different than, say, tampa which is the largest casino in the United States. So each property will have its own unique set of circumstances. And candidly, were not quite sure how long this will be in effect. At all of our large properties, well be utilizing thermal body imaging and those devices are anywhere from 15 to 20,000 apiece. A location like Atlantic City that has so many doors, youre talking hundreds and hundreds of thousands of dollars. Dagen i just wanted to point out, jim, i conlat conflated crd roulette. Im going to let kelly talk. Kelly i was wondering about that, dagen. What do you think about demand . I can see on the one hand youve got people who have lost their jobs, maybe people a little nervous to go out in public at first. But then on the other, you have people who have not been spending a lot of money, maybe, theyve been at home, not going out. And in some ways, casinos, some of the games really are socially distanced anyway. Youre not sitting that close at a black jack table because you dont want to have people see each others hands. Yeah, i think to dagens point, certainly a game like roulette or craps where you really have on top of each other, that is a much different environment. We can create safety at a black jack table where normally theres eight positions per table, were basically reducing that in half and then if a guest feels more comfortable, there are plexiglass dividers. But i think in general, the slot customer, that is more of an isolated situation. I think well be fine in those particular areas. Most casinos, even on a friday, saturday night, usually your machines are not greater than 70, 75 occupied. We certainly have capacity in order to reduce the amount of individuals that potentially could cross the line of social distancing. It may create a little bit of challenges with the specific title that a guest may want but i think overall well be fine. Dagen jim, me demonstrating my ignorance just shows i need to get to a casino as soon as possible. So maybe in florida after you guys reopen. Jim allen, thank you for being here. Thank you so much. Dagen really good to see you. Coming up, big weekend for sports fans. Nascar is back. Ill be talking to aric almirola, driver of the number 10 Smithfield Stuart Hoss racing ford. Be sure to tune in tomorrow, maria has that exclusive interview with President Trump, covering a wide range of issues from reopening the economy to rising tensions with china. You dont want to miss it. Maria this week on mornings with maria, tomorrow, a fox business exclusive, President Donald Trump on how and when the economy will rebound, the Michael Flynn fallout and much more as he races towards election day. Friday, with scores of stay at home orders expiring former congressman trey gowdy on what reopening america will look like, its all right here on mornings with maria. R family at home or those at work, principal is by your side. Were working hard to answer your questions. Like helping you understand what the recently passed economic package can mean for you. Were more than a financial company. Were a together we can get through anything company. Now, more than ever. Dagen gentlemen, restart your engines. Nays canascar set to return thiy on fox, the race set to take place at the historic Darlington Raceway in north carolina. No fans will be in attendance. This will be the first nascar race in two months, as all sports shut down amid the covid19 pandemic. Joining me right now, stuart hoss racing driver, aric almirola, hes behind the number 10 smithfield food ford. Aric, good to see you. Whats going to happen when youre at the track on sunday in terms of procedures . Well, one things for sure, were going to race. [ laughter ] but as far as all the procedures, it is very detailed and very planned out with everything from specific times to get to the racetrack to go through screening areas to enter the racetrack and once we enter the racetrack the drivers will basically be isolated in our motor homes at the racetrack and we will not come in contact with any of our crew members or anybody from the time we get there until the time we walk out to go get in our race cars to start the event and then for the crew guy as well, theres going to be a lot of calls in place for them for managing the times that theyre together, less than six feet apart, and with all of the personal Protection Equipment that theyll be wearing. Dagen and theres not going to be, at least there are two cup races at darlington, the lady in black, one su sunday and one on wednesday. Plus, you dont get practice or qualify. How is that going to change the racing that we see sunday . Its going to be wild. You know, weve this is unprecedented times and so the time that weve been off right now has been as long, if not longer than our actual offseason and in the off season, theres a couple times that we test over the off season, before the season actually starts. So were actually in our race car before the season starts at daytona. Here, weve been off for two months and were going to go climb back in our race cars with zero practice and so im sure theres some cobwebs and some rust well have to knock off in the first new laps. Its going to be interesting. You know, i think when you do it, that repetition and racing week in, week out, all the practice that we do, you actually get used to running 20g kinds of slows down and doesnt feel very fast. But when youve been out of a race car for as long as we have and you get back in a race car for the first time, 200 miles an hour feels like 200 miles an hour. [ laughter ] and things are happening very fast. So i think its going to be its going to be interesting. Dagen thats what makes me so angry when people talk about nascar not being a sport or race car driving, im like you have no idea, to have the device on and you really and youre inches away from other cars going 200 miles an hour and you cant see. Anyway, its bananas. I want to ask you this about the competition on the track. Because nascar has a real opportunity to bring in new fans in a way like never before because this is the first professional sport that is back with a live event. And people are going to people who maybe never watched nascar are going to be watching. So what are you going to show them . Were going to show them were going to show them how we entertain our fans and why were one of the greatest sports in the world. You know, i think for people like you said that dont think that were athletes, the thing that i tell most people that kind of puts it into context for them to understand is that the inside of our race cars are usually about 130 degrees. So imagine being inside of your passenger vehicle on a hot summer day with the heater on, not the air conditioner, and youre going 70 miles an hour on the interstate which is not very fast, youre going to the speed limit. Imagine you come up to one of the exit ramps that does a 360degree looparound, just keep your car on Cruise Control at 70 and try to make the exit ramp. Things get a little more exciting, right . Youll probably tense up a little bit and things happen a lot faster. So we do that for three andahalf hours, not just one turn. And so, yeah, i think what we do is fascinating and exciting and its one of my favorite things to see a fan that showed up to a race for the very first time and see their reaction after theyve seen a race, because what we do is unlike any other sport. You know, we race at 200 miles an hour, inches apart and usually less than inches apart. We sometimes run into each other. So its exciting. Its fun. And i think we have a great opportunity to show off our sport in front of millions of americans. Dagen aric, before we go, theres two cup races at darlington and then the following weekend there will be or week, there will be two races at charlotte. Any of the number 10 team members, any of the crew members or anybody at stuart hoss, are they reticent about going out and getting back at it with the virus concerns out there . No, i think for us were just all going to be diligent about practicing protocol and keeping in mind that we want to be safe and we want to continue on with our lives. We want to go back to work and we want to go back to racing and we want to go back to putting on events for fans that tune in to tv and we want to get back to normal. So were excited. Especially excited this weekend with smithfield. Theyre promoting the good food challenge where theyre going to donate 40 of million servings of protein to feeding america so we have extra incentive this weekend at darlington with that. Dagen aric, great to see you. Ill be rubbing a 2 bill in your honor on sunday. Be well. Tune in, return of nascar, live from Darlington Raceway this sunday, fox, 3 30 p. M. Eastern time. Well be right back. Americas oldest lighthouse has weathered many storms. Seeing the break in the clouds before anyone else. Together, well weather this storm. Staying connected your way youre just a tap away from personalized support on xfinity. Com. Get faster internet speeds with a click. Order xfi pods to your home in a snap. Or change your Xfinity Services with just a touch. All in one place. Youre only seconds away from all of that on xfinity. Com. Faster than a call. Easy as a tap. Now thats simple, easy, awesome. Dagen work from home, forever. Thats what twitter Ceo Jack Dorsey reportedly wrote to employees in an email this week, saying some people will be allowed to work outside the office even after the pandemic. Apple, however, is taking a different approach with some employees already returning to work. Additional staff heading back by july. Mike, where do you think most tech employees will be working this fall and how does this change as an investor the Cost Management for these businesses . Look, i think work from home is absolutely here to stay. I think for a lot of employees, especially in the tech sphere that are intro verts to begin with, this makes a tremendous amount of sense, especially if youre a Silicon Valley based company where the cost of living and the cost of commercial real estate are ungodly expensive so i think this is a good decision for these companies and for a lot of these employees. Dagen kelly . Kelly i think it really drives home the point that all this emphasis weve had on mass Public Transit may not have been a good idea. I think that i have mixed feelings about working from home. I dont have to worry about getting my hair and makeup done every day but you lose a lot of the camaraderie and really idea sharing, ill have chats with my colleagues and that will give me ideas about new things to write, new ways to look at issues. But here in new york city, i mean, the subway is scary and i dont see myself using it for a while. When i go back to the office, ill probably be walking. So its really i think should be rethinking our focus on mass transit, given that in new york city, anyway, really responsible for a lot of the spread of the coronavirus. Dagen to be quite personal, ive been lucky, ive come into work every day even during the lockdown and ive been here in the studio along with matt and from a Mental Health perspective to be able to get out and still socialize with people and have that kind of connection outside of the office, kelly, its been really important rather than being trapped at home alone with two dogs and the aftermath of my mothers death, to be quite blunt. Kelly see, thats the other thing, dagen. I mentioned the camaraderie, you captured it perfectly. For a lot of us, its really a social connection, not just a professional one. I have some text chats going on with coworkers but its not the same as being there in person and dagen indeed. Thank you, kelly, mike and francis. Still ahead, whats old is new again, coronavirus forcing movie fans outside this officer. The drivein back. Coming up. Good morning Dagen Mcdowell for Maria Bartiromo out 8 stories 8 00 a. M. Eastern reopening america dr. Fauci warning if areas reopen prematurely u. S. Could see a spike in cases could turn into outbreak. A 3 trilliondollar relief package providing funding for state and local government another round of money going directly to americans and tax cut for the rich, a vote expected later this week, there is already pushback over concerns about the growing National Debt and deficit, elon musk scoring a win in battle with Alameda County california, getting the green light to reopen teslas factory after defying orders to stay closed. Turning to markets futures pointing to higher open 189point gain on dow futures next hour fed chair jay powell speaking out on the economy, and about whether negative Interest Rates are possible in the u. S. That have the markets gave up early gains yesterday over a possible spike in coronavirus cases that drove some selling on wall street. To recovers in Michael Flynn case a federal judge delaying a decision on the Justice Department move to drop the case, against the former National Security adviser, a programming note tomorrow do not miss marias sitdown with President Trump latest on getting america back to work, additional stimulus, china 2020 race, much more, you dont want to miss it tomorrow, right here starting 6 00 a. M. Eastern. Meantime mornings with maria is live right now. Checking markets in europe red across the board this morning, losses in england, france, germany as uk, the gdp contracted 2 First Quarter stooecht decline since 2008. In march economy shrank 5. 8 impact of coronavirus deepened in asia overnight markets mixed china south korea seeing rise in coronavirus cases after lockdown orders eased leading to renewed restrictions in areas the kospi, south korea and shanghai gaining. With joining me kelly, Francis Stacey likeable lee thank you one and all get to this right here right now key members of the White House Task force clashing with senators on we to open schools businesses Cheryl Casone has more details cheryl. Cheryl that is right dagen, good morning to you nation top experts saying widespread testing key could be serious consequences if we reopen too soon. It is important to that emphasize we are not out of the wootdz yet my concern in some areas cities states what have you jump over those barriers, checkpoints, and prematurely open up without having the capability being able to responded effectively, issue my concern that is we will start to see spikes that might turn into outbreaks. One point. Cheryl one mobility rand paul dr. Fauci squared off he over risk sending kids to School Kentucky o senator suppressing frustration about one size fits all national strategy, well, beaches are reopening today Los Angeles County, but with strict rules only open for surfing swimming exercising, anyone on sand must wear a mask everyone must follow social distancing parking lots board wachs bike paths remain closed investors didnt like this yesterday los angeles, is extending stayathome order through july. Stating lack of available testing california said yesterday that malls can reopen for pickup as well as offices that dont allow telling commuting, museums Botanical Gardens car washes pet grooming walking businesses the largest four year college sum of California State University will keep most 23 campuses closed throughout fall semester moving online, university of california schools berkeley, ucla leaving the door open for some kind of return, to campuses, so we will keep you posted on that. Well Alameda County giving tesla green light to reopen only u. S. Plant as soon as next week but the company must agree to precautions to protect workers ceo elon musk threatened to move tesla headquarters and manufacturing out of fremont, california to texas or nevada, to protest californias shutdown rules, tesla stock right now, as you can see, is higher by more than 2 , dagen elon musk always well never boring leave it there back to you thank you so much cheryl. Joe biden the former Vice President backing off campaign trail Presumptive Democratic nominee facing questions as he remains bunkered down hunkered down in basement denying in hiding saying campaigning safely from home, joining me former White House Press secretary Fox News Contributor Sarah Sanders good to see you what do you make of this. Good morning how does he cope once he gets back out, potentially, as months wear on, what happens . Look it is eedz for joe biden to hide in his basement bunker launch attack after attack against president harder to actually lead the country in time of crisis like the president has been doing he has been focused on saving lives safely likelihoods i dont think contrast could be clearer for americans as they vote in november they want a strong leader capable of leading in a time of crisis, they or do they want somebody tucked away hiding in basement, i think why most Americans Trust President Trump far more than they trust Vice President biden to lead and rebuild our economy, after this is all over. Kelly . Yeah, you know, sarah i was wondering, do we think that the the news that joe biden was in on this meeting about Michael Flynn that obama had with susan rice sally yates a bunch of over figures that is going to become an issue for him in the election . Look i think there are a lot of things that are becoming an issue for joe biden, and one thing is very clear, is there is a certain level corruption we are seeing unfold more and more but we are also seeing double standard play out in media i think people are starting to finally wake up try to hold him accountable. I have been saying almost three years one of the best decisions that President Trump ever made was to fire James Comey Comey was a liar a leaker disgraced fbi trying to overturn 2016 Election Results he couldnt take down the president because he had nothing on him so instead he tried together after avaround him like general flynn he was disgrace a great decision for the president to get rid of him, now we are seeing how many people were involved in that corruption, i think that attorney general barr, and team over there has done a remarkable job of bringing some of these things to light as well as certain members of congress i also continue to do that vindicate the president and decisions further to get rid of jim comey fight back gains outrageous allegations ridiculous witch hunt they spent years of wasting against the president. Who told President Trump keep jim comey in on that job wall street journal writing about self severing behavior for years they warned president obama about appointing him fbi director wrote oped in january saying regrets still have a few but they suggested that the biggest regret President Trump would have was keeping comey on in that job, voila. You know one of the things i found so interesting during time at the white house everybody in the country democrats included in the media as you mentioned, thought that jim comey should not be director until President Trump fired him then they said i cant believe you fired him despite the fact many calling for it long before president took action shows hypocrisy shows they care more about destroying the president than good decisions and good policy that was never more clear during that time, immediately after jim comey had been fired i want to stay on a new controversy in the case against Michael Flynn unusually move a federal judge in washington, d. C. Is now going to allow owed parties to weigh in on the former National Security advisers case this delays the Justice Department effort to drop charges against Michael Flynn, his lawyers now opposing the move again violation of the brady rule prosecutors did not turn over potentially exculpatory evidence mueller did not disclose intoing with fbi agents did not think flynn lied about about a phone call with you Russian Ambassador flynn or defense team no investigative basis to just interview in terms of the this judge, i just wanted to point out something that goes back to 2018. Former Washington Post article in december 2018 where judge, judge sullivan told flynn he quote arguably sold his country out and couldnt promise him a sentence that involves no jail time sullivan ultimately allowed sentencing to be delayed until he learned more about flynns cooperation, with mueller and other doj cases what is this judge up to sarah . Look. Your guess is as good as mine, as what this judge is up to. I am not an attorney i want try to play one on tv i think we know for a fact, what we know is clear, is that there was a highest level of corruption, going on at the fbi, they tried to set up Michael Flynn, and now we are learning more and more every single day how far wide level of corruption is i am glad we have attorney general finally saying not on my watch this isnt going to continue we are going to look into this we are going to make sure that we find exactly where this start, how far and wide it went. We also have director National Intelligence grenell declassfying names of people who unmasked Michael Flynn a complete violation of american Citizens Rights but that information, will also go directly to the federal prosecutor durham looking into the origins of the russia investigation who revealed his identity that is part of the probe as well as the leaks to the media. Absolutely, i think acting director grenell has done fantastic job being aggressive going after origins where this started how far and wide providing that information so people like durham and barr others involved can get to the beginning of all of this just how many people were involved, and how corrupt they were under director jim comey jim comey. Good to see you be well Sarah Sanders be sure to tune in tomorrow morning, maria has her exclusive interview with President Trump from reopening the economy triengs with china, everything will be covered you dont want to miss it. S need to help you keep your properties and towns maintained. Your farm running. And construction moving. Your work is essential. Kubotas 1,100 dealers are behind you. Together we will get through this. Call or email your kubota dealer about 0 financing. No payments for 90 days offer expires 5 31. Together we do more. A look at futures right now pointing to triple digit again at open 158point gain on dow futures, investors eyeing negative Interest Rates as jay powell is expected to discuss his view on the economy, and the feds policy response, later today. He is expected to strongly oppose negative Interest Rates going against President Trumps push, President Trump calling it gift, joining us now Wells Fargo Investment Institute head Paul Christopher what do you say. Good morning dagen how are you good. What do you have to say about what jay powell will stay explaining everything the fed has done to basically, prevent dramatic liquidity crisis and insolvency crisis . The fed is a very, very certain that they dont want to do negative Interest Rates, the market has started to price that, that doesnt mean fed is going there, about officials said many times they do not think that negative rates will do the job. Weve seen that happen in europe, in japan where negative rates only make things worst, fed is very likely we think to continue its purchases program, they started buying etfs yesterday buying treasurer mortgagebacked securities we think more of that possibly peg treasury yields target treasury yields forward in order to help spur demand for credit around the economy. Fra. There is risk of assets more expensive than place like europe have negative rights exodus out of the u. S. No, not really negative rates around the rest of World Driving money here fury Insurance Companies Pension Funds in europe best you can get long term bond was negative yield would you buy u. S. Corprats high grades u. S. Treasurys so we think the money is coming in mike. From my standpoint it seems that equity prices disconnected from fundamentals i have seen what do you do s p 500 dow six to 12 months considering we are probably going to see further deterioration before we see things get back to normal. A good question we are working on the specifics now are going to accomplish that report in june but i can tell that you we do think the market is going higher over the next 6 to 12 minutes, this recession has been incredibly painful, deep but we think as economy and country reopen, that we will start to see growth return, later in the third quarter, and that growth will continue into 2021. There is pentup demand it wont burst forward at once but proof we think fuel for the economy and maintaining a persistent sustained recovery next year we think will rep return earnings to more residential levels. Thank you for being here accessoried covid19 bonuses walmart rewarding employees. Stay with us. 13 want to brain better . Unlike ordinary memory supplements neuriva has clinically proven ingredients that fuel 5 indicators of brain performance. Memory, focus, accuracy, learning, and concentration. Try neuriva for 30 days and see the difference. So were working 24 7 toected maintain a reliable network, to meet your growing internet needs. Were helping customers who are experiencing Financial Difficulties stay connected. Were increasing internet speeds for low income families in our internet essentials program. And delivering selfinstall kits to your door. Nos comprometemos a mantenerte conectado. Were committed to keeping you connected. For more information on how you can stay connected, visit xfinity. Com prepare. Staying connected your way youre just a tap away from personalized support on xfinity. Com. Get faster internet speeds with a click. Order xfi pods to your home in a snap. Or change your Xfinity Services with just a touch. All in one place. Youre only seconds away from all of that on xfinity. Com. Faster than a call. Easy as a tap. Now thats simple, easy, awesome. Walmart giving workers cash Bonus Company planning to pay fulltime employees extra 300 dollars parttimerers temporary employees 150 bucks to theline more than 390 Million Dollars kroger ending two dollar an hour hero pay bonus for workers, this is simply doing right thing for people risking health to be on job make sure we have food. Exactly, dagen, walmart faced a lot of criticism over the years, some cities like washington, d. C. Tried to ban walmart from coming to the city and they provide a lot of jobs and they do try to take care of the workers. I have to say, it is you know a great thing when given as you said earlier, that the democrats want to give more permanently until january that 600 dollar a week bonus from employment i think employers have to start looking at bonuses to get people working if they could be making more, through unemployment that is why people like steve moore advocating for payroll tax cut payroll tax cut would give workers incentive in making more on unemployment than they would be more money in their paycheck. If i give them payroll tax cut incentive to get back to work. I think that i zree with what kelly is saying what you are saying about that i think very interesting wages are competitive, also you have to have a shortage of workers, because some people dont feel safe enough, and some people would rather be at home wish at home during covid i think there is going to be a lot of competition in the wages kind of interesting, in the face of record unemployment usually not the case i think bodes well for recovery Going Forward i wondered aloud if this push toward higher wages for people who are in critical like critical jobs in this country, if this will be commonplace forward that people in the say if you are restock Cigarette Store shelves driving a truck working a register at store you will make more. Anything that improves the quality of life, for what are the lower sorry the quality of income the higher paying wages for people at lower end of the scale i am completely for. What i have to say about higher unemployment than going to work government took jobs away if government wants to pay people more to stay home i dont know entirely like a morally bad thing but i think all time people remember from the last recession what it is like to be on unemployment for years, and are going to want to get back to work and get out of the house, even if they are going to make slightly less money per week. The issue is if you want the economy to reopen you believe in private business, the private economy, over government over reach then some point extra Unemployment Benefits needing to away if you are planning to reopen the economy, in the country, in like by certainly by end of the summer, then why would they need an extra 600 dollars a week if jobs are back and available. That is it because democratic three trilliondollar stimulus wants to extend this until january is that really necessary . Are the effects more negative than positive big picture . Coming up breaking Economic Data april wholesale prize after the break. Our Retirement Plan with voya gives us confidence. Yeah, they help us with achievable steps along the way. So we can spend a bit now, knowing were prepared for the future. Surprise we renovated the guest room, so you can live with us. Oooh, well. Im good at my condo. Oh. I love her condo. Nana throws the best parties. Well planned, well invested, well protected. Voya. Be confident to and through retirement. Welcome back i am Dagen Mcdowell for Maria Bartiromo who is out on assignment, wednesday, may 13, 8 30 a. M. Eastern. We are waiting on breaking news on impact of the coronavirus pandemic on wholesale prices Producer Price indices for pril due out in moments economists expect yearoveryear decline 2 10 of one percent stooecht drop since december 2015 ahead that have futures are pointing to a higher open this morning, 163point gain on dow futures the moment checking europe it is red across the board, in in england, france and germany losses there uk gdp contracted 2 First Quarter stooecht decline since financial crisis 2008, in march alone the economy shrank 5. 8 as impact of the coronavirus deepened in asia overnight markets there mixed, gains on kospi, south korea and shanghai but yesterday it was really markets shaken by the headline out of Los Angeles County that the stayathome order might be in place until later in the summer. Very clear that businesses are eager to bring back workers, that people far and wide are eager to get out of their homes, not only get back to work but at least try to begin living lives, pointing out, at National Review was this, some point the debate on reopening has to take into account the fact that most of the country, has neither caseload nor population density of the northeastr corresponded, certainly something here at Fox Business Network that we have tried to focus on just because we are sitting in heart of, in doesnt mean what applies here applies to you at home where you might live, cheryl has numbers on wholesale prices. Cheryl first with headline number april ppi cost of production selling prices, it is a loss down 1. 3 expectation was down for half a percent that is much more of a drop in the headline number monthovermonth ppi than expecting yearoveryear also, down, the core number for the monthovermonth that walls down the expectation for core monthovermonth was zero. That came in down. 4 , this is again, great for consumers bad for Companies Bad for producers the core yearoveryear, that number coming in, down 3 10 of a percent, 3 10 of a percent for the core yearoveryear again, we are seeing flesh yearoveryear actually im sorry the yearoveryear headline down 3 10 of a percent more than expected to your point earlier you mentioned this that is the steepest decline since december, of 2015, at least as you see weve got a little bit of a bump up on futures you up more than 158 right now so a little bit of a jump in the markets so again, tough for companies but good fors consumers when you see prices start to falllike this dagen thank you, cheryl, Cheryl Casone with ppi. Moving on to investigating origins of covid19 beijing stalling efforts to find the is it yours of the coronavirus pandemic. Lawmakers in recent weeks speaking out about heightening evidence the virus could have started in a wuhan laboratory. Maria has been talking about this since early february, if not earlier. It did not start in a wet market will chinese officials have said wont allow investigation until a worldwide victory against the virus joining me now Milken Institute kirt, always great to see you even, with that where you are. Is it 5 30 . Seems so knowledge of us staying homeworking from home in virginia same time zone. Great, curtis what do you make of china basically stalling on revealing origin of that virus . It is par for the course i think our u. S. Secretary of state, pompeo has been the most aggressive some would say certainly correct in calling out china, clearly, as weve called for more cooperation, between government and private sector here in the United States, there does seem more cooperation between countries china is not doing its part, to its credit we have to acknowledge what china has done, address the consequences what is going on in that nation but can certainly do so much more providing access, much more transparent, about where this virus really came from. Kelly . Curtis always good to see you. You know, you talk about International Cooperation, United States, of course, President Trump has been sounding the alarm about china theft of intellectual property lack of transparency for years are you seeing any shifts in europe say in other countries that are starting to realize that the United States has had a point all these years . I think Many Companies also are seeing this new relate that they need to revisit things whether it is china, as part of their supply chain or what again Chinese Communist government behavior mean to countries and businesses around the world, i think we can note that just not the United States but also places like australia, sweden now calling for International Cooperation and International Probe into where the coronavirus really originated that is progress my hope is that so many of us, whether milken, kind of focus what did they know how do we go forward countries think through with a we need to also do to find out where this coronavirus originated what we are doing will help fight a future bhand that unfortunately will come along hopeful not for another century but cooperation needs to be improved china can show its way show us the way, by providing access and more information. Do you think they will do that though . Again. I am always a hopeful full one i hope United States i think more countries around the World Trading partners, perhaps they will move forward at the end of the day china should also recognize, that progress in fighting pandemic, be more transparent, it is to benefit other Chinese People also, i think for those need to try to follow social media more di in china Chinese People are pushing for more access transparency a good thing for the world and for china after the virus erupted across United States originateing in china killing americans, the chinese at least members of the communist party and their part of the apparatchik launched disinformation misinformation can i about america at fault not playing nice in any way, shape or form. Absolutely that is where you know i understood i want to world to focus on cooperation, it is absolutely appropriate, for u. S. Secretary of state others to push back on disinformation Chinese Government officials themselves are promoting it is very difficult to police what people put on social media but my hope is Chinese Government itself can see the benefits so scaling back confessing on what we all need to do which is transparency moving forward figure out where this came from, and doing what we need to do no i focus on things like treatment a cure for moving forward how we address the economic consequences, of this pandemic i want to addressing the consequences, lets trn to apple, new report that Company Looking into moving part production into india out of china. And this is kind of part of the message that private industry and businesses can send, this, of course, is a covid19 pandemic has disrupted Production Supply chains but as a nation we realize that our health and like many of the things that we need, to protect ourselves in health care, that we are also relying on china, the ppe, the active ingredients in a pharmaceuticals a broad concern being best reliant on china a manufacturing capacity there. It started with tried fight which you have highlighted how far does in go . What other companies should we watch to move manufacturing and production out of china. You know it is interesting question because two things taking place one pandemic has forced companies to revisit, you know their supply chains should we have so much in china . The other one taking place a long time which is that the Chinese Market itself labor costs are rising so companies will already begin to think through should they relocate, so a we think about companies now american someone we need to revisit where pharmaceuticals are made, where things like masks are made my hope is that americans businesses will do their role also, and think through, what we have to recognize, that we think about supply chain, that like so many things in finance all about with diversification so i saw knews apple shifting up to a fifth operations out of china to india i think going to see more that is not just because of the size of india market, but also because of the importance of thes diversification essentially to market ppe i think we want to pay close attention to that we say go forward. That is a good thing. Thank you so much for being here this morning, curtis, as always we have business alert in our former Trump Campaign chairman powell manafort will serve the rest of his sentence at home reportedly transferred out of a federal prison in pennsylvania this morning over fears of coronavirus serving 90 month sentence for two cases related to Tax Bank Fraud Paul Manafort released to home confinement amid concerns about the coronavirus, coming up travel changes airts she o airports to enforce new are measures, Maria Bartiromo has exclusive interview with President Trump from reopening the economy to rising tensions with china. You dont want to miss it. This week on mornings with maria, tomorrow, a fox business exclusive President Donald Trump on how and what the economy will rebound, the Michael Flynn fallout much more as he races toward election day. Friday with scores of stayathome orders expiring former congressman trey gowdy on what reopening america will look like. It is all right here on mornings with maria. Flying amid coronavirus pandemic airports air lines changes to accommodate passengers now and beyond this crisis, Lauren Simonetti has more, hey, lauren. Hey dagen if i were you would get to airport at least three hours, if not four hours before your flight takes off. We are going through some changes you might already be seeing and can certainly expect at airports arrive go through a disinfection tunnel, you are sprayed with some sort of mist sanitizes you bags do much same typically with uv light when clean get a tag saying so we call that sanitizing now clear to go walk in airport robots sterilizeing floors, one Company Making these pittsburgh airport carnegie robotics, gettio to your gate and no more group are boarding. Airport we are speaking with is already piloting bingo boarding, your set a number lights up on screen when you go up. So there is no need to line up you can rethink processes. Bingo boarding personal boarding going to take long time but it just isolates you as much as auk from other people until you get on plane when you really cant be isolated, this is what you can expect on the plane. Everything will be digital set abacks looking at one mostly empty the menus manuals digitized Proper Health videos on long flights there could be janitors that are cleaning during the flight. And now question face masks yes at airport during boarding passengers and crew required to wear face masks reuters is reporting American Delta united told flight attendants they dont need to mandate passengers wear masks during flight. So you will definitely need aing mask will you have to wear a mask who knows . After 9 11 was born Transportation Security Administration keep weapons off planes. After enduring covid19, there is some sort of Health Administration to keep viruses off planes that is not filling sets a a lot like united essentially promised people there would be mil empty seat we have seen videos photos of packed planes number one, the airlines dont the flight attendants cannot be Police Officers trying to Police Officer people who dont have masks on, i think that they are going to be fights breaking out because there will be one person, or a few people on the very tight airplane wont wear a mask people are going to be standing yelling at them let me finish with this nobody is spraying me with anything. Period. In an airport you are not spraying fwhib disinfectant that is ridiculous. I have a question, are airlines who are struggling right now obviously, but you also are known to nickell and dime enforcering will they charge you for gloves and face mask . In the future when we are used to this dont the gloves mask will you be paying for one . I sure hope not but that could happen only reason people dont like the airlines because of the way that we were all niclle for years, the people paying customers got treated like dirt on bottom of somebodys shoe now only getting worse. On that happy note not flying any time soon. Stay home. Exactly. Lauren simonetti thank you so much. Good to see you. Taking it outside social distancing prompts a blast from the past when it comes to movies this summer. That is next. 6 6. Drive me movies a comeback states are beginning to reopen with social distancing, sparking interest in drivein movie theatres, joining me now president shot of boat drive in drive in in houston, texas. One of the first i went to Young Frankenstein fort drive in lynch bering virginia one of the fondest memories from childhood. We have so many people that come out for movies as young kids and used to indoor theatres come back just mesmerized, by, you remember that so well what are you showing how have crowds been . Crowds have been great we have had mooefdz, world tour onward, my personal favorite playing right now, did he spooet that you can see all movies at home, we have been turning cars away every weekend, absolutely crazy. My friend kim edwards took his wife misty out to a drivein, in virginia, and they were showing a double feature it wasnt but kelly do you have a question . I love that probably best movie i saw you know, from last year i loved it i think it is great i have great memories too not just driveins for movies but going to mw, tray on window people would come, a great way for people to have family time fury distractions are you fubing this might help bring families together. I think it is interesting you go to indoor they are being sitting kind and a half row of peek, but at drive ip all kind of crammed in car a lot of people with trucks a lot of people sitting in the bed of the truck, you know bring air mattresses whole nine, have a really good time i think there is Something Different about the experience, that draws people together, and you are less likely to be getting phone out checking your text, and facebook, twitter all those things, i do think that it brings families together. I have never been to a drivein i need tips. Yeah. So right now were doing things a little bit did i recall than we normally would do but going overtime to relax restrictions, big one that is kind of a choose your own adventure when you come up we have people that come sit in cars, tune into the movie, watch i got home, we have other people that really make it big deal out of it like i said, the air mattress you have people that bring couches, and like home stereo systems, really really go allout kind of up to you, as we get to the point where we can relax, some restrictions i think one of the other things, to enjoy about the drivein, you are sitting outside kind of like going to a concert, you know youve got people to left people to your right make some friends, right now, you know, maybe you know at least with 6 foot distance you can chat with neighbors if you like it is a different experiencing, and really just lean into that. I am not opposed to back of a pickup truck a double feature rocky horror and stop make sense how about that i dont know if you that is party, andrew great to see you. Thank you so much for being here, take care of yourself more mornings with maria right after this. Kubotas 1,100 dealers are behind you. Together we will get through this. Call or email your kubota dealer about 0 financing. No payments for 90 days offer expires 5 31. Together we do more. And my side super soft . Yes. With the sleep number 360 smart bed, on sale now, you can both adjust your comfort with your sleep number setting. Can it help me fall asleep faster . Yes. By gently warming your feet. But can it help keep me asleep . Absolutely, it intelligently senses your movements and automatically adjusts to keep you both comfortable. So, you can really promise better sleep . Not promise. Prove. During the memorial day sale, save 1,000 on the sleep number 360 special Edition Smart bed, now only 1,799. Only for a limited time. To learn more, go to sleepnumber. Com dagen thank you to the panel. Stuart, take it away, sir. Stuart okay. I can do that for you. Youre a little early there, dagen. Just a tad early. You have given me an extra 45 seconds which i will take. Thank you very much indeed. Good morning, dagen. Good morning, everyone. Now listen to this, because this is a shock. A republican has a big lead in a special election in california. It may be the first time this has happened in more than 20 years. Look, at this point, with 76 of the votes counted, Republican Mike Garcia holds a 12 point lead over democrat christie smith. This district covers the northern part of Los Angeles County, which by the way, is now considering extending the lockdown rules into august. Could it be that california voters are tired of the one party state lockdown . Maybe. Listen to this one, too. In wisconsin, another special election shows the republican beat the democrat by 15 points. Okay. Thats the Political Developments of the day, favorable to republicans. On your screens, traffic. Weve got new numbers on the backtowork get out of the house movement. How about traffic on the roads . Important indicator. Up 60 last week. Deserted roads in midapril. We are way up from there. Tsa security screenings at the airports, 163,000 yesterday. Almost double the number from four