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Is about 2 away from record territory. Blake burman at the white house. Edward lawrence in washington. We start with blake, with the latest from the president. Reporter the white house is acknowledging that it might take some time to get federal Unemployment Benefits out the door going forward. The executive order from the president 300 from the federal post, the states matching 100 if they are able to. Some state governors mentioned they cant. In any event the white house is working on this issue. In the interim, they are hoping that democrats return to the negotiating table. I cant pinpoint a timeline other than were working around the clock. We urge democrats on the hill to come back. Secretary mnuchin is willing to review any proposal because the American People deserve better than the games and partisanship they have seen from nancy pelosi and Chuck Schumer and their democrat colleagues. Reporter now the president also took action suspending some collection of payroll taxes and deferring some payments of student loans. When it comes to those payroll taxes Chuck Schumer is calling that, quote, spit and glue. Clinging to the hope that the president could do something on his own through executive orders but as we have seen executive orders in general arent going to get the job done, especially the incompetent ones issued over the weekend. Reporter now the president is now in a back and forth with the republican senator ben sasse who has called the eos, quote, unconstitutional slop. President trump this morning called Sasse A Rhine rino meaning republican in name only. The sasse says president cannot unilaterally race or lower taxes because as sasse says, america doesnt have kings. Jackie blake burman thank you very much. Here to react is congressman jody hice. Congressman, thanks for being here. So much to unpack. That sound bite that make used with Kayleigh Mcenany at the briefing this afternoon. The administration saying were working as hard as we can to get aid to americans that need it. The democrats have been very critical. The problem is, democrats want 3 1 2 trillion dollar by the republicans want a one trillion dollar bill. It seems like it will be very difficult to meet in the middle. Your thoughts . Were two trillion dollars apart. Imagine that, two trillion dollars apart. Democrats have been dragging the negotiations out. They have been disingenuous about their efforts. Really they have put their own partisan politics ahead of the American People which is frankly becoming commonplace for the democrats. This is, you know the things that they were proposing were just absolutely filled with grotesque democratic agenda pork items. We dont need that. We need to deal with the issues that are at hand, that are concerns to the American People, not fill the pockets of democrat agenda items. Jackie part of the problem here was the extension of the Unemployment Benefits, 600, right . The democrats wanted. That the president said he would give it to them. At the same time they still werent able to make a deal. So he goes ahead, he signs the executive order. You have got 300 coming from the federal government. 100 coming from the states and everybody is up in arms about that. You know 600 quite frankly was too much. 83 of the workforce in america at the unemployed individuals receiving that 600, 83 of them that was more than they were making on the job which makes it extremely difficult to get those individuals to go back. Here we are trying to open the economy, reopen the economy and the employers are unable to get their workforce back. And so i think frankly that was precisely the reason why the democrats wanted it. They want to slow down the reopening of the economy in order to hurt the president in november. But more realistically, 400 which is where it is at right now i think is much more realistic. It will provide need to those families and individuals who have authentic needs and at the same time encourage them to get back to work as quickly as possible. Jackie but the democrats say, it is august 10th and people need this money. The 400 wont get into their pockets pass enough to help them especially since you have the components of the states being involved . Again, that is so disingenuous. The democrats have been dragging out the negotiations. They were the ones obstructing this from the very beginning. Had they come to the table they would not be in the situation now where the president is really being pushed into a corner, having to utilize executive orders rather than negotiating instruments and tools that we had available. The democrats refused to do so. So now i believe the president has acted in the good faith of the American People. He is taking steps that need to be done in order to address the problems at hand. Jackie he is taking those steps yet he is being criticized for overstepping his authority. Well, listen we all have concerns about the executive authority that frankly congress has ceded to the executive branch. There is no question about that. Where were the democrats when obama did the very same thing . When he allowed millions of undocumented individuals to receive work permits . Their complaints right now are very disingenuous. The again the president was pushed into a corner where democrats absolutely refused to negotiate and yet there are families that desperately need some help, some aid. So the president took temporary action to try to address some of those needs through executive order. I think he is appropriate and in his actions to do so as what needs to be done. Jackie congressman, thank you so much for your time today. Great to see you. Thank you. Jackie connell. Connell all right. Jackie, to the heart of americas economy now, the Small Businesses. We know so many of them have been struggling since the country was rorked by the coronavirus pandemic. Edward lawrence today talking to the Small Business administration about the next steps in the rescue plans. Edward . Reporter there was a flury of activity in the last two days. The Payroll Protection Program was active. Were talking about 1. 6 billion approved bit Small Business administration in those last two days. The program now closed until the dem crafts and the administration can come to some sort of an agreement. In an exclusive interview the administrator for the sba, Jovita Carranza tells me she hopes the money left over, the 135 billion, can be used to keep the program going. Listen. A lot of Small Businesses i met. As well as the lenders and the chambers are looking forward to continued support from this administration for Small Businesses. As long as it is a lifeline to continued growth for Small Businesses i believe well continue strengthening and securing our nations economy. Reporter and she thinks that Small Businesses can get back this year to the growth they saw before the pandemic shut down the economy. Now pointing out that Small Businesses represent nearly half of the workforce in the u. S. 31 million Small Businesses that represent half the gdp as well as half the workforce. The ppp has proven to be the greatest program ever in the history of the United States that has mobilized the Small Business economy. Reporter in her words the greatest program ever. The sba approved 5. 2 million loans. Have authorized more than 525 billion in potentially forgivable loans. Cancarranza, believes the majory of americans sustained their jobs and the majority of the 9. 25 million americans saw their jobs added back to the economy in may, june and july. Connell. Connell got us this far. A lot of concern, edward, what comes next especially going into the fall. Good reporting as always. Edward lawrence. Jackie. Jackie a path forward for students. More students reopening for in Person Learning across the United States. As cases spike like in florida were live on the ground in the Sunshine State next. The escalating feud on the world stage. We have chinas latest retaliatory move on the United States and what it could mean for our National Security. Surviving celebratory setbacks. The champagne industry facing one of the worst years in its history. So are sales going to bounceback . Were live in chicago with the latest as a caricature artist, i appreciate what makes each person unique. Thats why i like liberty mutual. They get that no two people are alike and customize your Car Insurance so you only pay for what you need. Almost done. What do you think . I dont see it. Only pay for what you need. Liberty. Liberty. Liberty. Liberty. Simon pagenaud takes the lead at the indy 500 coming to the green flag, racing at daytona. Theyre off. In the kentucky derby. Rory mcllroy is a two time champion at east lake. He scores stanley cup champions touchdown only mahomes. The big events are back and xfinity is your home for the return of live sports. I appreciate what makes each person unique. Thats why i like liberty mutual. They get that no two people are alike and customize your Car Insurance so you only pay for what you need. Almost done. What do you think . I dont see it. Only pay for what you need. Liberty. Liberty. Liberty. Liberty. Jackie school is back in session today for some students in florida but the details vary county to county and they come down to local governments and infection rates. Fox newss bryan llenas is in cooper city, florida, with the latest for us. Reporter jackie, good afternoon. Im in cooper city, in broward county. Three counties opened schools. Orange county, the largest county in central florida, baker county opened inperson schools and youre right it is a patchwork. This is a renaissance Charter Schools. They have 500 schools. This is the youll, it has 360degree camera on top. It has audible sensitive cameras all the way around t follows the teacher, seamlessly no matter what as i give instruction. So that is what students back at home see, they feel like theyre fully sitting in the classroom with the classmates. The teacher can go on the whiteboard and write what they want to write. I will write mobile. That is what this is called and because this is a mobile classroom. And this is hybrid. What Charter Schools think will be necessary to make school a reality. Ability to teach kids in the classroom and virtually at the same time. Students need each other and when we cant physically do that, we can virtually do that. This does it in a better way. This just doesnt mean a teacher sitting at home, a student sitting at home. A teacher in a classroom. Maybe some students come back. Now the rates are down, theyre in the classroom but some havent. Now all those kids can experience that same classroom. Reporter you will notice this headset this is what teachers have so they can seamlessly answer questions students may have. I can raise my hand just like this. It will pop up there so everybody in the classroom can see me. We spoke to a teacher here, Jeanne Alonzo who said honestly before this it was pretty hard to teach. The engagement is needed to make Teacher Learning to thrive was missing. Hard to engage a student, when all you can see im stuck in front of my laptop. Reporter look at the classroom. 24 desks are usually here. Now are only eight. They are blocked off by blue tape, socially distant from each other. It will be up to the schools and parents when they start to allow in person schooling. Most counties are starting virtually, with the idea of moving in Person Instruction as parents warrant, if they want to send their kids to school. Guys . Jackie bryan, great reporting. Thank you so much. Connell. Connell back here in new york, jackie. We know Governor Andrew Cuomo gave the schools the green light to reopen for in Person Instruction in the fall. But as you heard in florida how they do it is up to the local School Districts. Were joined in white plains with that superintendent of school. Welcome back to the show. I dont know if they have the hightech devise in the florida charter school. I assume youre doing something hybrid, not fav days in person. What are the plans in white plains look like . Thank you, colin. Good to see you again. This is what were seeing, School Districts working to create plans to allow children to reenter facilities safely. Like in the segment previously, were looking at all of those ways to provide a hybrid or blended learning experience to our children in both the synchronous and inperson and asynchronous fashion. Also to be able to engage the children in their home and while faculty and Staff Members are in the classroom. Connell when you put together the plan, some students go one day, some students go the next day, right . I believe one day it is closed down completely. Then you go on off, like that throughout the fall messer, im sure you got feedback both from the teachers and from the parents. What was that process like . Were people saying you were taking too much risk, not enough risk, what were you hearing . Yeah, all of the above and you can really understand that coming from parents and guardians and Staff Members. Youre going to get all different types of ideas what is the best and were respecting saves aspect of that conversation. It is our job to figure out the safest way to bring children back into facilities, provide them with a high quality educational experience, and at the same time, continue to keep the numbers of covid19 that we worked so hard to get down in new york, to keep them low. Unfortunately in other States Connell teachers giving you a problem, joseph coming back . Have some teachers, are they reluctant to come back . Has it been an issue getting the numbers you need to put this plan in place . Do you have the numbers . I cant say enough about our teachers, our Staff Members. Everybody wants to come back. They have not given me a hard time at all. Do we have folks concerned about themselves or members of their family because of Underlying Health conditions . Yeah, absolutely. Will we work every way to support them every way we can, you bet. Teachers want to be back in the classroom with the students. They want to make sure if were in remote setting or hybrid setting were giving them the best experience they possibly can. Connell fair enough. There will be positive tests for covid19, we have to assume just from the data and from the math in a district as large as yours in new york, even though our numbers have come down so much. What is the plan when you do get a positive test for a staff member or student . So the plan is to work really closely with the Westchester County department of health, our local department of health and the state department of health to make sure were enacting Contact Tracing methodology so we can figure out how many folks may have been potentially exposed and work to make sure theyre tested and or quarantined for a period of time. We also know well have to be conservative how we approach our facility making sure it could be possible we might have to close depending upon potential spread. So that is a going to be a daytoday issue, connell. By the way, that will be everywhere as were seeing all throughout the country. Connell is that your own personal judgment call as superintendent . You know what . Im not comfortable keeping x school open in my district . Or do you have a metric that says if this percentage of positive tests come in were done . So we have a metric for the region in new york. We have a metric for our area but were also going to be getting advice from the health department. At the end of the day i tell you our bored of education here and our administration will always take a conservative approach to keeping people safe f we feel like because of the nuances or because of the situation we need to close the facility for a period of time well definitely do it. Connell if the numbers stay as they are, infection rate 1 or below, something around that, that is obviously what everybody is rooting for say through the whole fall, we didnt get a spike, people are predicting well get a spike, say we didnt hypothetically, would you be prepared to go back five days a week in the spring, full time, full instruction if that is what were looking at . How do you look forward or do you look forward at this point . Its a great question and the schedules were putting in place in white plains or for our hybrid or blended learning model are childrens schedules. Well move into a hybrid model, into a fully remote model, if we get lucky enough to a full inperson model where everyone is back in the building. The idea is to reduce any type of challenges moving in and out of one particular model. So our children get the schedule. They get classes and they will be following that schedule every day. Connell and you have made some adjustments i assume on the hybrid model in terms of how people teach remotely . I think we talked about this last time you were on. Bryan llenass report from florida dictates how Technology Get involved but teachers in general, do you think theyre more comfortable with it in terms of doing it live and being on with students and interacting a little bit more than they were say in the spring . I think, listen, i think bryans segment was great. Were seeing how we Leverage Technology better to be in better contact with our children throughout the course of the day. Our teachers continue to participate in professional development. There are opportunities all the time and continue to be. Teachers want to do the best job they can. They know being in connection, being in contact with our kids, that is paramount. So whether its virtual. Whether its in person, i think they will do whatever it take to make sure theyre meeting our childrens needs. Connell unprecedented situation obviously with no perfect answers. Thanks for coming on, helping us talk it this, a lot of people dealing with the issues. Joseph, white plains, new york. Jackie we have a fox news alert. A california judge issuing an injunction uber and lyft classifying their drivers as independent contractors because of the states labor code. He agreed to pause the injunction 10 days so the companies can appeal their decision. An historic decision is on hold despite wide expectations that the big 10 will cancel its 2020 College Football season a spokesman for the league said no vote has been held at this time a formal announcement reportedly is expected tomorrow. Well be right back we love our new home. Theres so much space. We have a guestroom now. But, we have aunts. Youre slouching again, ted. Expired, expired. Expired. Thanks, aunt bonnie. Its a lot of house. I hope you can keep it clean. At least geico makes bundling our home and Car Insurance easy. Which helps us save a lot of money oh, teddy. Did you get my friend request . Uh, ill have to check. doorbell ringing aunt jonis here for bundling made easy, go to geico. Com. Hello . For bundling made easy, go to geico. Com. I have the power to lower my blood sugar and a1c. Because i can still make my own insulin. And trulicity activates my body to release it like its supposed to. Onceweekly trulicity is for type 2 diabetes. Its not insulin. It starts acting from the first dose. And it lowers risk of heart attack, stroke, or death in people with known Heart Disease or multiple risk factors. Trulicity isnt for people with type 1 diabetes or diabetic ketoacidosis. Dont take trulicity if youre allergic to it, you or your family have medullary thyroid cancer, or have multiple endocrine neoplasia syndrome type 2. Stop trulicity and call your doctor right away if you have an allergic reaction, a lump or swelling in your neck, severe stomach pain, changes in vision, or diabetic retinopathy. 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Police shot at an armed suspect after that suspect shot at them. Well that apparently upset people down there and police say there were calls for people to get in their cars and caravan to the downtown area and start looting. That is exactly what happened. Department stores were hit. Liquor stores, pharmacies, you name it. They were looted last night. Lori lightfoot, the mayor of chicago, condemning it this morning. This is not anywhere near acceptable and i call upon our states attorney and our courts to make sure that these individual who were arrested and those to come are held accountable. Put your best people on this. Reporter one organization that did not condemn the looting last night, black lives matter chicago. They put out a statement where they actually blamed police on the south side for shooting at that armed suspect. Back here live, we know that the looting continued into the day today. In fact, on the citys west side deputy responding to the scene had a brick thrown at his cruiser and was hit in the face by that brick and had to be taken to the hospital. Officials here in chicago trying to prevent this from happening again tonight. They place ad curfew from 8 00 p. M. To 8 00 p. M. To 6 00 a. M. To make sure the downtown area remains locked down and looters stay out. Connell . Connell keep us up to date on that. Grady trimble. Jackie . Jackie china hitting back at the u. S. , slapping sanctions against 11 americans including top u. S. Officials. What the latest move can mean for a growing diplomatic spat next. Taking the spin out of bubbly sales. It has some producers warning of a massive oversupply. Airline shares surging as number of travelers passing through tsa checkpoints rose to the highest level since midmarch, hitting 832,000 on sunday. As Political Support for a second bailout grows. 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Now growing crime and homelessness leading many locals to flee new york, connell. Aishah hasnie is live in new york with more of that. Ashiah. Reporter jackie, good afternoon. We heard reports of hundreds of thousands of new yorkers leaving the city amid the pandemic. Now were hearing story of a story of people wanting to leave once again because they dont feel safe in the city anymore and they may never come back. Of course this summer we saw spikes in gun violence, shootings up 177 this july. Compared to last july. Then we saw people doing drugs in broad daylight right in the middle of midtown, leaving used needles out on the sidewalks. Now, complaints are mounting over the city housing hundreds of homeless, drug addicts, sex offenders in three Upper Westside hotels sometimes without informing residents. That is what residents are complaining about. Some want to fight back, take back their neighborhoods. Others are fleeing. Listen. Im actually looking to move out of the city of new york, hopefully next year. I cant see living here under these conditions where im afraid to walk out and go to the store shopping for groceries. Im staying for now. I have an apartment here. I cannot just get rid of it. If my wife would let me get t out of city i would be gone. Reporter mayor bill de blasio is hopeful the new anticrime strategies he put in place will turn things around. As for anyone leaving though, he said those people will be replaced. I think you will see a certain number of people who leave and after appropriate time, after there is a vaccine will come back. I think you will see some people maybe decide they want a different kind of lifestyle. I think a lot of those people will be replaced by other people coming in. Reporter jackie, the mayor may not be begging anyone to stay but the governor sure is, even joking in a press Conference Last Week that he has been bribing his friends to please come back to the city, offering free dinners, free drinks, but he says, theyre not coming back just yet. Jackie. Jackie ive seen it with my own ice. It is bad on the streets. It will be difficult for people to come back if they dont feel safe. Thank you for that. Connell . Connell shifting gears here a bit. Stepping up retaliation, china sanctioning 11 americans including senators ted cruz and marco rubio, this after similar measures by washington against officials from hong kong and mainland china. Were joined by john hannah to talk about this. John the former National Security advisor to then Vice President dick cheney. He is foundation for defense of democracy senior counselor. Good to see you, john. Your reaction, rubio, cruz biggest names but a number of other american officials. Your reaction to the latest move from china . Connell, the chinese have been scrambling, put on their back foot, this absolute onslaught, economic, diplomatic, idealogical Trump Administration to punish them across the board for their malign activities and china is reaching out trying to figure out how it can sort of save face and hit back at the u. S. , but lets face it, sanctions by china dont nearly meet the kind of pain that is inflicted on chinese officials by american sanctions. When youre locked out of the worlds major reserve currency, the dollar, it is a lot different than being locked out of the chinese financial system. It is apples and oranges. Connell what are your thoughts on, you know, the strategically on the Trump Administration stepped up efforts . Because youre right, people talk about President Trump having been quote, tough on china but this is Something Different weve seen in the last number of weeks. As an example, the president actually been criticized by some china hawks early in his administration for not being outspoken enough on human rights. The uyghur muslims, fork but that has started to change. What do you make of the shift it seems were seeing from the Trump Administration here . On one hand it was absolutely essential. As the president had said, far too many administrations in the past have absolutely the wrong paradigm about china treating it if it can be brought into an americanled International Order as a responsible stakeholder. That has been absolutely disproven by chinas own maligned behavior, aggressive activities in the south china sea, human rights crackdown against muslims in hong kong, threatening of taiwan, the whole coronavirus virus crisis and disaster. So i think the president s shift on china was absolutely essential. I think it will choirry over for decades to come in American Foreign policy. This absolute necessity of really competing with china to see whose vision of an International Order, of an International System is going to carry the day here. I do think weve got to be careful because these are two Great Nuclear powers as well and right now their relationships are on a very steep downward slope and there is not clear what the bottom of that will be. I just think it is also a time for good diplomacy as well to manage this competition as carefully as possible. Connell two Great Nuclear powers. Of course weve been through that before with the soviet union and the cold war. What is different here youre talking about two great different economic powers that do a lot of trade with each other is, are we going down a road where it will be similar to those old cold war days but with much more on the line economically, going two completely separate directions for big american companies, Big Chinese Companies . What do you think . I certainly think that is the trend line that were on right now is a major decoupling of the worlds two biggest economies, which as you say, connell is unprecedented in history. I dont think we have anything to look back on in history that is anyway similar where the stakes are higher, not only two great military powers but, two, the two largest economies in the world that are deeply, deeply enmeshed and the price, the cost, to the American People, to the chinese people, to the international economy, major confrontation and division into two absolutely separate systems is something that im not sure weve at all built in and calculated what the price of that could be. I think everybody is hoping for some kind of a middle ground where we clearly have a new paradigm of competing against china and yet are able to maintain some levels of transactional cooperation in areas where its necessary for us to be able to work together. Connell seems tougher and tougher to do as the days go on. John, always good to see you, get your perspective. John hannah. Jackie. Jackie connell, bracing for a little less magic. Walt disney world is scaling back the theme park hours this fall amid fallout from the pandemic. The various parks will close one to two hours earlier starting september 8th. Preparing to address reporters. President trump will hold a News Conference at the white house. Well bring you the president s remarks as soon as it happens. Plus in just a few minutes lou dobbs will interview Vice President mike pence right here on fox business. Stick around weve always put safety first. And we always will. For people. For the future. And there has never been a summer when its mattered more. Wherever you go, summer safely. Get 0 apr financing for up to five years on select models and exclusive lease offers. Guys guys safe drivers save 40 safe drivers save 40 safe drivers save 40 thats safe drivers save 40 . It is, thats safe drivers save 40 . Hes right there. Its him safe drivers do save 40 . Click or call for a quote today. Where you can find games, news and highlights. All in one place, right on your tv. The xfinity sports zone. Use your voice to search every stat and score. Follow the teams you love. And, even get notifications with breaking news alerts and more. With the xfinity sports zone everybody wins. Now thats simple, easy, awesome. Say xfinity sports zone into your voice remote today. Connell turns out it is not so bubbly this year. Champagne, once the most popular celebratory drink it is actually facing a pretty deep decline. Sales are down over two billion dollars this year as we work our way through this pandemic. Jeff flock live with more on all of this. Jeff . Reporter all about celebration, connell and people are just not celebrating now. This would be the place to do it, boy. This is the famed gold coast room. Legendary drake hotel in chicago. We just popped a top on the bottle, havent we, damien. Perfect timing. Reporter perfect timing. This is bottle of dom. They are not going to open it for me. Two billion dollars in lost sales because of weddings and 100 million bottles unsold by the end of the year. What is that sitting youre sitting on champagne you expected to serve at weddings. What now. Pandemic took effect on our business. Celebrations continue. Our inventory of seller vintage and nonvintage. Vintage lasts 10 years. Reporter this is the vintage, dom. Connell, im sure you do, the same groups from the same year. Is vintage. The other stuff is blended, nonvintage. Yes. Reporter theyre talking about having so much champagne this year they will turn it into hand sanitizer. We have a popular ceo in france saying that would be a insult to nature. That would be just awful. But you actually are sanitizing because when this gets cooking again, people are rescheduling their weddings, correct . Yes we wanted to make sure. We rescheduled 65 weddings from march to next year. Reporter people put it off because they cant come here so they put their wedding off. Yes. Part of that they need ad confidence they could put us into a safe environment. Hilton rolled out a program, hilton clean stay, hilton event ready. What it does is, it assures the confidence of each of our guests making sure when they went to the guest room, for example, the rooms are sealed. They will have to break a seal to see that entire room is sanitized. Reporter not making sanitizer with champagne. No, went with lysol as the mayo clinic to have as many trusted brands as hilton. Reporter come over here, damien. This is the famed champagne wall at the drake. Yes. Reporter tell you, this room has probably popped more champagne how many bottles per wedding . Not unusual to do 150 to 200 bottles per wedding. Were careful about the amount of weddings we take. We want to make sure we assure a great quality event and great experience. Reporter if you have vintage champagne you can keep it for 10 years. That is the good piece of news i leave you with, connell. If you dont, three years. If it starts to go bad drink it fast. Connell. I have a couple of jokes i wont do either one of them. Reporter thank you. Connell between you and weddings. And other one might have to do with you sipping champagne during the interview. That is interesting, jeff, we could have a million stories where, where alcohol sales to be serious have been up so of, right during the pandemic it is interesting in some ways. Reporter this is the yin and yang much that. Exactly. This is the one because it is celebration. It is all about celebration and were not celebrating these days but maybe next year, huh. People will celebrate. Reporter okay. Cheers to you, sir. Connell people will celebrate. Well leave it on that. Cheers, thank you, jeff. He needs to get going, jackie. Has very important work to do. Jackie you can add about 150 to 200 bottles of champagne for my postponed wedding connell. Seeing that venue empty reminds me of everything that happened this year. He is right, the celebrating will continue hopefully next year. 2021. Well see. Connell is that what you guys did, one year ahead . Jackie thats what were going to do. That is all you can do. Getting ready to take the podium. Weve got President Trump holding a News Conference at the white house. Well bring you the president s remarks as soon as it happens. Plus in moments from now lou dobbs will interview Vice President mike pence. Be sure to stay tuned to fox business 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. These days, businesses are adapting to new ways of working. And innovation is at the heart of it. 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Retire better the fate of tiktok in the United States, according to the wall street journal, well, twitter has preliminary talks or held them with the chinese social media app in combining companies as the deadline for President Trumps executive order on banning the service approaches. Here now on the phone, kurt key newt seven, the cyber guy. How does this muddy the waters now that twitter may be getting into the game here . Hey, jackie. Yeah, you know, september 15th pressure is on because thats when the president says that the ban is going to go in they dont sell at that point. Microsofts sitting with 132 billion in market cap against twitters 7. 8 billion. Means twitters going to have to go the out and find possibly some creditors to make a deal like this come together, especially on a quarterly loss of 1. 23 billion that twitter just experienced. With, actually, i want to correct. Market cap on twitter is 29 billion versus microsofts 1. 6 trillion. And twitter does not operate in china which may give it a leg up here, microsoft does operate in china. Microsoft though, jackie, a little bit down the road on discussions, twitter just getting their feet wet in the water on this. Jackie do you think twitters sort of poking at the president a little bit here . You know, i often i actually thought it might be a compliment to the president because its a platform that certainly is succeeding as a result of his activity, but twitter has something very much like tiktok that was shut down in 2016 so they would sort of reinvent what they already had in the past might lend credibility to the theory that youre thinking about. Jackie yeah. And there are reports tiktok may file a lawsuit as soon as tuesday regarding this ban, so were going to have to wait and see what happens there. Switching gears for a second because there may be a Second Chance for some shopping malls, a report is saying Simon Property group is in talks with amazon to turn empty stores like j, jcpenney and sears into fulfillment centers. Theyre probably very well placed. History tells us what usually is going to happen. Amazon is largely, has had a history of going after small strip malls and taking those other. Well, now youre looking at Simon Property group with 204 malls around the country including those Jcpenney Stores that have shut down, so far shutting down 150 stores, sears closing about 96. So imagine a mall, the purpose of a mall, that would be an outstanding distribution hub for amazon that has seen its difficulties with the surge in demand as the result of the pandemic and having to distribute in whole new ways. Other ideas that i think Simon Properties might be thinking about for malls would be for schools, medical offices, even adult living centers. So thats what your future mall of your city might look like. Jackie and when you think of the economy in general when it comes to a shift like this, yes, youve got a store like sears going out, but if you have amazon coming in, that creates more jobs for the community. Does it . I mean, these are real low paying jobs, people that are in, you know, the labor lines of throwing things into boxes and sealing them up and hauling them out the door. Sure, those are going to be some local jobs, but theyre e not the kind of frontfacing retail jobs that you saw in the past. Jackie you know, its interesting as we saw amazon snap up whole foods, they sort of go of after things. They dont try to reinvented the wheel, kurt, and that seems like what theyre doing, not acquiring a business, per se, but taking these locations and saying we can expand in a very easy way. Jeff bezos i interviewed, i think, when he hit time magazines man of the year, person of the year back in 2002, somewhere there, and the one big takeaway i had was this is a longterm thing. This is not a guy whos thinking about what does this mean this year or next year, hes looking 5, 10, 20 years down the road. Jackie she he certainly is a visionary guy. Kurt, thanks so much. Always great to talk to you. Good to see you, jackie. Jackie connell . Connell we are getting set here in the next hour for the Vice President of the United States, mike pence, he will join for a live interrue on the fox interview on the fox business network, lou dobbs. Were still wondering how the stimulus will take shape even with the president s executive orders having been signed over the weekend. Will the negotiations continue on capitol hill, essentially what is next for American Workers who have been through so much, and the president himself will have a News Conference coming up as well at the i believe at the bottom of the hour at the white house. So there you go. Thanks for joining us, everybody. Jackie will be back in for melissa same time tomorrow, and we will see you then. Today the dow finishes up with a nice rally, especially late in the afternoon to end the day significantly higher, up by more than 350 points. All right. Its time, lou dobbs tonight starts right now. Lou good evening, everybody. Were beginning this, well, this hour of broadcasting, our first of the week, its going to be a busy hour. We will be going to the president of the United States for his News Conference, we will be joined by the Vice President of the United States for an interview with mike pence here in just moments, and were going to bring you up on the latest from the radical left. The radical left mob governing the city of seattle is set to vote to defund and dismantle part of their police department. The city council wants to eliminate up to a

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